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One Of The Hottest Wall Street Trends In 2023 Has Been AI – Trust Stamp Is Leveraging AI To Ensure Security In The New Reality

Benzinga

By Faith Ashmore, Benzinga Wall Street has become increasingly focused on the potential of artificial intelligence (AI) and the role it can play in transforming business and the global economy. While some experts are concerned about the hype and fear that a bubble is forming around the technology, there is growing evidence that more and more companies are embracing AI to drive innovation and growth. Multiple research reports and studies have been released by investment research firms, highlighting the transformative potential of AI and its ability to boost worker productivity and contribute to GDP growth. Carlyle recently called the birth of generative AI a “watershed in human history,” and Wall Street seems quite bullish on the long-term prospects of AI. This is unsurprising considering that AI is becoming increasingly vital to businesses across a range of industries. Many firms are recognizing the need to incorporate AI into their operations and processes to remain competitive and meet the evolving demands of consumers. For example, companies are using AI to improve customer experience, enhance data analysis capabilities and streamline business operations. As AI technology continues to evolve, its role in driving innovation and growth in the business world is likely to become even more significant. Among companies leveraging AI, Trust Stamp (NASDAQ: IDAI) is one that stands out in its field – the company is looking to revolutionize digital security. Trust Stamp is a global provider of AI-powered, privacy-first trust and identity services used across multiple sectors – such as banking and finance, real estate, communications, regulatory compliance and government. Trust Stamp offers a range of innovative services. Their biometric capture and analysis technology enables secure and convenient identity verification, allowing businesses to streamline onboarding processes. By integrating advanced document verification, Trust Stamp helps verify the authenticity of important documents, reducing the risk of fraud. Trust Stamp has recently received a Notice of Allowance from the United States Patent and Trademark Office. This notice marks a significant milestone for Trust Stamp's AI-powered, tokenized identity products, which are leveraged in its global operations. It follows the announcement of three additional patent applications made by the company in April 2023. The new patent, titled “Systems and processes for lossy biometric representation," further bolsters the company's IP protection for its innovative biometric hashing technology, which is used for subject identity verification. The technology in the patent uses neural network processing and pseudorandom matrix multiplication to generate anonymized vector representations of biometrics that can be verified for identity authentication. The anonymized vector representations are "lossy," meaning that not all the information from the original biometric data is retained, thereby enhancing security when dealing with sensitive biometric data while still allowing for identity verification with a degree of certainty. Dr. Norman Poh, Trust Stamp’s Chief Science Officer, shared, “This latest Notice of Allowance marks an important win and significantly enhances the IP around our AI-based authentication technology. With over 30 patents now issued, allowed, or pending, over the last seven years our team has developed a highly defensible IP position that is now being productized across an ever-growing range of use cases. The IT² represents an evolution of biometric authentication that provides the subject with an exceptional level of security, while greatly enhancing the utility of the original biometric capture. These capabilities have clearly differentiated Trust Stamp in the market, and industry feedback has been extremely positive, resulting in a rapidly growing commercial sales pipeline.” Trust Stamp has integrated the innovative identity verification processes from this patent into its Irreversibly Transformed Identity Token (IT2) technology, a unique privacy-first solution. Using its AI-based IT2, Trust Stamp ensures the benefits of biometric-derived authentication while keeping control of and not sharing the original biometric data. The IT2 cannot be converted back to the original data, keeping the biometric templates secure and offering privacy-protecting methodology to enjoy biometric-based authentication advantages without the risk of storing biometric templates. This patent is a significant step forward for Trust Stamp in the AI-powered identity and trust services landscape. As the digital landscape continues to evolve, Trust Stamp's emphasis on privacy and data protection is aimed at ensuring that users’ personal information is safeguarded at all times. The ability to enhance security while maximizing the benefits of biometric data is a game-changer for financial institutions and companies dealing with sensitive data. Trust Stamp's products and services are set to play a significant role in shaping the future of finance and identity verification in the coming years. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 14, 2023 09:30 AM Eastern Standard Time

Mainz Biomed Partners With Liquid Biosciences in Exclusive Relationship To Harness The Power Of Artificial Intelligence (AI) To Develop Next-generation Colorectal Screening Test

Benzinga

By Faith Ashmore, Benzinga The integration of Artificial Intelligence (AI) in biotechnology is rapidly gaining momentum, revolutionizing the field of life sciences. AI technologies, such as machine learning and deep learning algorithms, have the potential to analyze complex biological data more efficiently and accurately than ever before. AI algorithms can analyze vast amounts of genomic, proteomic, and clinical data, leading to new insights and discoveries that were previously inaccessible. This integration of AI and biotech holds great promise for enhancing scientific understanding, improving healthcare outcomes, and ultimately transforming the way we approach biotechnological advancements. Mainz Biomed (NASDAQ: MYNZ), a company that specializes in developing molecular genetic diagnostic solutions for life-threatening conditions, has created ColoAlert®, an innovative product that addresses the need for easier and more accessible cancer screenings for quick detection and treatment of colorectal cancer. This non-invasive and user-friendly test aims to make colorectal cancer screening fast, simple and precise. The company has recently formed a partnership with Liquid Biosciences, aiming to leverage the capabilities of AI in developing an advanced colorectal screening test. Its partnership with Liquid Biosciences will help expand the company’s existing cutting-edge products. Recently, Mainz Biomed conducted a multi-center international clinical trial in Germany and Norway to evaluate the effectiveness of incorporating mRNA biomarkers into ColoAlert®, their leading product for colorectal cancer (CRC) screening. The study yielded impressive findings, demonstrating a high sensitivity of 94.4% and specificity of 97.5% for detecting CRC. Additionally, the screening test showed a sensitivity of 80% and specificity of 95.2% in detecting precursor lesions, including advanced adenomas that may develop into CRC. These results were nothing short of groundbreaking for the company. The partnership with Liquid Biosciences has the potential to move the needle forward more as Liquid Biosciences has a history of using AI to advance similar technologies. Liquid Biosciences has made a significant impact on the life sciences industry with its EMERGE bio-analytics platform. This platform has been utilized in more than 240 projects for prominent pharmaceutical companies and emerging therapeutic and diagnostic firms. It plays a crucial role in various areas such as biomarker discovery, clinical trial screening, and post-FDA approval services including patient treatment selection and optimal dosing regimens. “As artificial intelligence continues to disrupt every aspect of the healthcare sector, we are excited to establish a robust partnership with a genuine leader in the field as we head into the final development stage of our next-generation CRC screening test,” commented Guido Baechler, Chief Executive Officer of Mainz Biomed. “We look forward to continuing our highly productive partnership with the Liquid Biosciences team as we execute on our mission to bring the most effective self-administered cancer detection products to the market.” Liquid Biosciences reports that what makes EMERGE truly stand out from other AI and machine learning solutions is its exceptional computational speed and ability to handle a vast amount of variables. It operates without making any assumptions or constraints, allowing for an unbiased and scalable approach. The platform's transparency and ability to generate algorithms from complex data without prior assumptions enable the identification of variables that may have low expression but hold functional significance due to the intricate interactions inherent in complex biological systems. “We are excited to extend our relationship with Mainz Biomed into a formal partnership as we take great pride in working with companies who represent disruptive innovation that will impact disease prevention and treatment,” shared Patrick Lilley, Chief Executive Officer of Liquid Biosciences. “The work Mainz Biomed is doing will be crucial to saving lives from a disease where mortality is driven by late detection. As such, we are very pleased to have the opportunity to play an integral role in helping it develop the next generation of its pioneering products.” This partnership with Liquid Biosciences comes after a string of previous partnerships with other industry leaders like Zöller-Kipper and Ärztliches Labor Dr. Buhlmann. Through the partnership between Mainz Biomed and German company, Zöller-Kipper, accessibility to ColoAlert® test has been greatly enhanced for both patients and healthcare providers. All of Zöller-Kipper’s over 2,500 employees can now easily request the test through Mainz Biomed's online portal and have it delivered to their doorstep. Once the sample is received and processed, the employee can access their confidential test results through the portal. The portal also provides an explanation of the results to ensure that the employee understands them and if the employee has given consent for their physician to be notified, the doctor can directly follow up with them based on the test results. With colorectal cancer being the third most prevalent form of cancer and a troubling trend of this cancer affecting more and more young people, the need for biotech companies to innovate detection and treatment could not be understated. Mainz Biomed’s commitment to pushing the boundaries of diagnostic technology, increasing accessibility, and its growth trajectory seems to be making it a force to be reckoned with in the industry, setting it apart from its competitors. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 14, 2023 09:25 AM Eastern Standard Time

CoverSelf lands $8.2m to drive healthcare claims and payment accuracy

CoverSelf

Helping to reduce claims inaccuracies and waste, CoverSelf, a unified platform for healthcare claims and payment integrity, is today announcing a $8.2m seed round as it successfully deploys platform in the ecosystem. The funding round was led by existing investors BEENEXT and 3one4 Capital with participation from new investor Z21 ventures and healthtech leaders. The fresh capital will be used to grow operations, build generative AI capabilities, and increase headcount in sales and marketing as the business scales. The exponential growth of costs in healthcare remains a hotly debated and ever-evolving problem around the world. Over $4.1 trillion is spent on healthcare every year in the US alone, with administrative spending accounting for approximately one-quarter of the total amount. Founded in 2021 by seasoned US healthcare domain experts Rajasekhar Maddireddy and Raghavendra Pawar, CoverSelf aims to democratize the healthcare claims and payment integrity industry by creating a first-of-its-kind fully-open and transparent solution that empowers payment integrity teams in health insurance companies (payers) to transparently resolve health claims with hospitals and medical practices (providers). “The current claims integrity systems are very complex, and the deployed technologies are antiquated. Significant software innovation is needed to address the broken system that is currently creating out-of-control healthcare costs and waste. The cobbled-together software solutions result in scattered data and the inability to make real-time business decisions. Administrative complexity costs billions annually, an open and collaborative platform can significantly reduce the repetitive administrative costs.” commented Rajasekhar Maddireddy, Founder of CoverSelf. Over the last 12 months, the company has piloted the platform and successfully proved the platform’s readiness and effectiveness. This has translated to two deployments for insurers where the platform processes 25 times more claims in the same time window than was done earlier. Also, the platform has identified significant savings even after other vendors process claims. CoverSelf is in advanced discussions with 2 of the top 15 plans to collaborate. The current pipeline includes five of the top 15. “One platform, one configuration, one team – our solution offers multiple points of integration and intervention for all pre and post-pay payment integrity, effectively reducing waste. CoverSelf empowers subject matter experts (SMEs) with a modern UX/UI that's super easy to work with and aids them by eliminating technical dependencies while maximizing efficiency, and fostering rapid innovation. Speed to release has shifted from weeks to mere hours, thanks to our collaborative approach and operational efficiency,” said Raghavendra Pawar. Traditional third-party payment integrity solution vendors exploit payment inaccuracies, which negatively impacts the provider’s experience and trust in payers and ends up ballooning waste and improper payments. With CoverSelf, payor payment integrity teams can reduce healthcare costs transparently and collaboratively with providers. “Having worked with several of the largest health plans in the US, I have seen first-hand the unmet needs and improvement potential in their claims and payment integrity processes. That is why I am very excited to work with CoverSelf, which is the most innovative PI solution that I have come across. I firmly believe that not only is the next-gen, cloud-native, built-from-scratch platform that CoverSelf has created unique in its capabilities, CoverSelf’s value proposition of empowering payer internal PI teams to take back control from 3rd party vendors is also very appealing – several ex-clients who have met with CoverSelf have told me that this is the most differentiated offering that they have seen to date”, said Ashish Singh, ex-Global Healthcare Practice Leader and 30 year partner with Bain & Company. CoverSelf’s purpose-built platform utilizes multiple approaches to reduce waste while identifying new savings opportunities. The platform empowers payers to adapt to claims and payment inaccuracies by enabling them to configure their policies and logic in simple English-like language or use simple policy-specific templates, overcoming the fear of losing IP and fostering innovation and new concept releases without technical dependencies. “CoverSelf is in the process of building pathbreaking features with GenAI. We aim to change how payment integrity is approached and executed with these cutting-edge features. Our vision remains steadfast--we want to empower payer PI teams and make them first-class citizens of payment integrity rather than have third-party vendors controlling it. Currently, GenAI is in stealth mode, and we are working with the stakeholders to add an outstanding and simplified user experience. With that said, we welcome our new investors and thank our existing backers for their continued confidence!” added Rajasekhar Maddireddy, Co-founder of CoverSelf. On leading the investment, Dirk Van Quaquebeke, Managing Partner, BEENEXT commented: “According to the Centers for Medicare and Medicaid (CMS), Americans spent $4.1 trillion on healthcare in 2020, of which an estimated $1.2 trillion can be attributed to some form of waste or abuse that leads to overcharges. CoverSelf’s vision to democratize the healthcare claims and payment integrity industry with their fully open and transparent solution built with a spirit of collaboration is truly inspirational.” Meanwhile, Sonal Saldanha, VP Investments at 3One4 Capital said: “By bringing the payment integrity solution in-house, CoverSelf shifts the control of payment integrity from traditional outside vendors to payers. As payers start using CoverSelf, they will progressively need fewer external payment integrity vendors. Ultimately, CoverSelf will be the only payment integrity platform anyone will ever need." About BEENEXT BEENEXT is a Venture Capital fund managed by serial entrepreneurs that focuses on assisting founders with their operational experience, network, trust, unique perspectives, and capital. The team invests in early-stage tech start-ups that are focused on building the new digital platforms driven by the data network. BEENEXT is a platform of founders, by the founders and for the founders across the globe. Since its establishment in 2015, the team has invested in over 200 companies globally. For more information, please visit www.beenext.com About 3one4 Capital 3one4 Capital is an early-stage venture capital fund. The firm works in select market categories and in the intersection of adjacencies that are large, growing, and ready for unique products and services. The themes pursued are SaaS and Enterprise Automation, Direct-to-Consumer products and services, Digital Media, FinTech, and Deep Technology, with a focus on areas such as machine-driven actionable intelligence services for the enterprise, ambient intelligence technologies, health, edtech, logistics and distribution, and consumer products and services. Through a deep involvement strategy, the fund works with founding teams and subject-matter experts to prioritize and strategize for product-market fit, and then optimize for defensibility and growth in revenue and impact. With a focus on margins and on delivering uncompromised end-user experiences, the fund aims to reduce risk, detect new growth opportunities, and return rewarding outcomes to all the stakeholders involved Contact Details CoverSelf Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.coverself.com/

November 14, 2023 09:00 AM Eastern Standard Time

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Claravine AI Revolutionizes Marketing Metadata Management with New AI-Powered Solutions

Claravine

In an industry-first move, Claravine, The Data Standards Company, today launches Claravine AI, a suite of solutions designed to transform how marketing teams work. This innovative offering is set to redefine the landscape of marketing data management, empowering teams with unparalleled control and insight into their marketing taxonomy and metadata while collaborating across the content supply chain. Claravine AI is powered by the company's proprietary technology to automatically classify and understand content, regardless of its format or structure. As generative AI’s adoption continues to skyrocket, marketers are still figuring out how to implement or update current data strategies. According to a recent study by Claravine and Advertiser Perceptions: Two in five already use AI for ad creative development and another one in two are considering its use. Organizations acknowledge that properly tagging and tracking ad creative is increasingly complex and is critical to measuring and improving performance. Yet, today, only a minority (21%) feel very confident in their ability to keep track of and tag AI-generated creative assets. “Claravine AI isn’t just a tool; it’s a revolution for marketing teams,” said Verl Allen, CEO of Claravine. “With Claravine AI, organizations can automate the classification of the creative assets used for campaigns, enabling a much more precise, efficient, and scalable way for measuring campaign performance. This breakthrough not only enhances campaign measurement precision but also liberates teams to concentrate on strategic initiatives, tailoring assets to a variety of audiences.” Claravine AI doesn’t just organize data – it builds bridges across the content supply chain. By establishing a universal language for collaboration, it elevates the integrity and accuracy of marketing data, paving the way for smarter, data-driven decisions. The addition of Claravine AI to The Data Standards Cloud has resulted in the following new capabilities: Content Comprehension & Enrichment: Unlock the full potential of content across platforms such as Digital Asset Management systems, enriching and activating data for deeper analysis. Content Similarity Detection: Identify similar content from assets across the marketing ecosystem, simplifying workflows and establishing a consistent framework for marketing taxonomy and metadata application. Content & Creative Classification and Livestreaming API: Enhance editorial decisions, yield management or even determine brand safety in real-time, delivered through a flexible API. Claravine's innovation hasn't gone unnoticed. For the second year in a row, the company was included on AdExchanger’s Programmatic Power Players list, as well as awarded the 2022 AdExchanger Award for Best Data Technology. Claravine was also included in the 2022 Gartner® Cool Vendors™ in Marketing Data & Analytics Report. Don’t just adapt to the future; shape it with Claravine AI. Transform your marketing data management and creative processes today, visit www.claravine.com/ai. About Claravine Claravine is The Data Standards Company aiming to give people, teams and technology a shared understanding of their data. Claravine helps brands and agencies deliver on the promise of modern marketing by standardizing taxonomies, naming conventions, and metadata across all digital experiences at the source of data creation, supercharged by AI. The Data Standards Cloud empowers a proactive approach to marketing metadata naming conventions and taxonomy for fast, accurate, and rich business insights that help deliver the experiences customers want. Claravine partners with a quarter of the Fortune 100 to define, apply, and connect standards across their ecosystem for faster decisions, greater agility, and increased ROI. Contact Details Kite Hill PR Michael Kocher +1 704-960-2295 michael@kitehillpr.com Company Website https://www.claravine.com/

November 14, 2023 09:00 AM Eastern Standard Time

etaily lands $17.8M for commerce enablement platform powering global brands in Southeast Asia

etaily

The Southeast Asia (SEA) ecommerce market is growing rapidly and is projected to reach $230B (in gross merchandise value) by 2026. Helping brands around the world tap this opportunity, commerce platform enabler etaily is today announcing a $17.8M series A funding round as it scales its end-to-end ecommerce entry platform for brands to seamlessly engage audiences across SEA. The funding round was led by Chinese and Taiwanese PE firm SKS Capital and co-led by Singapore’s Pavilion Capital. Other investors are Japanese SBI ICCP Fund and Kaya Founders. The round also saw participation from the Magsaysay Family, Chan family, Foxmont Capital and JGDEV, the corporate venture capital arm of JG Summit Holdings. etaily’s cap-table also includes other renowned SEA retailers and conglomerates such as the Ayala Corporation, the Cheng family behind the department store chain Landmark, as well as renowned angel investors including Paulo Campos, former Co-Founder and CEO of Zalora and Anthony Oundijan, Managing Director and Senior Partner of Boston Consulting Group. Headquartered in the Philippines, etaily has quickly established itself as a pathway for brands seeking to sell their goods online across SEA. etaily is powered by a proprietary operating system for end-to-end commerce technology. etaily provides unique end-to-end distribution solutions in ecommerce and omnichannel, for global consumer brands in the region as well as its own brand portfolio. This ecosystem spans the entire customer journey, from development of lifestyle products through in-house branding capabilities to delivery to a local and regional customer base from etaily’s asset light warehouse network. Founded in 2020 by Alexander Friedhoff, former Zalora team member, etaily’s vision is to help global consumer brands selling online. Today, etaily has served more than 50 global consumer brands and processed over 10M orders on platforms such Lazada, Shopee and direct-to-consumer brand.com online stores. Gross sales at etaily in 2023 have tripled and are on track to reach $100M over the coming years. Its portfolio of exclusive brands currently comprises Levi’s, Crocs, Skechers and Reckitt, bringing its total brand count to more than 50, managed on +200 storefronts. Its own brands range from categories such as pets supplements, health, personal care and food and beverage. Alexander Friedhoff, Founder & CEO of etaily commented: "For the last three years, we've focused our passion into crafting something great at etaily – an all-encompassing commerce powerhouse. From the very birth of our lifestyle products to their swift delivery through our state-of-the-art operations ecosystem. Our unique digital approach sets us apart, making etaily the architect of digital brands and retail. Today, people in the region buying something online from the leading retail and digital brands such as Crocs, Levi’s, Skechers, Fila and many others - all of it is being powered by etaily’s infrastructure.” “With our unbeatable ecosystem, more than ever demanding online-first strategy, and adaptable digital operations, we're poised to transform retail in the Philippines and SEA. As the tides of e-commerce reshape the retail landscape, etaily's agile, fully digital platform promises brands a successful journey into the future.” Bain & Co has forecasted that the number of digital consumers in SEA is projected to hit 402 million by 2027, up from an estimated 370 million in 2022 with the Philippines leading the growth, followed by Vietnam and Thailand. The Philippines is now expected to grow the fastest in 2023 among developing economies in East Asia and Pacific according to an updated World Bank growth outlook for the region. These reports come hot on the heels of the Philippines being recognised as the fastest growing ecommerce market globally in 2023 having grown 25% year on year. There are several factors driving the ecommerce market in the region. Alexander Friedhoff added: “Unlike markets such as the US and Europe, where population growth is at a historic low — or in China’s case, declining — SEA’s consumer pool is expanding fast. In fact, the region’s working age population is set to grow by 23 million people by 2030, according to Bain & Co. and Meta’s 2022 SYNC SEA report. The Philippines already has the youngest population in SEA. At the same time, household incomes are expected to rise, with 51 million new high and upper-middle class households to emerge by 2030. This combination of a burgeoning working population and higher household incomes will lead to an uptick in consumption. SEA will add about 140 million new consumers by 2030, representing 16 percent of the world’s consumers.” Alexander Friedhoff added: “Given the current trajectory, with ecommerce as a percentage of total sales surging, SEA may well be poised to become the ‘next China’ in terms of e-commerce growth potential. Although SEA consists of several distinct markets without the same geographic cohesion and language uniformity as China, commerce platform companies such as etaily have made it convenient for brands to sell into multiple markets through localized operations, brand, data and technology capabilities.” etaily will deploy the fresh capital to deepen its presence in SEA, enhance its distribution platform for brands, and expand the brand portfolio including own brands and licenses of international lifestyle brands. In addition, further investments will be made into its proprietary technology stack including its operating system, data analytics and AI platform etaily clarity. SKS Capital founder Jack Chen commented: "We are excited to participate in the exciting consumer transformation taking place in the Philippines and SEA. We are dedicated to collaborating with outstanding and promising organizations that are poised for growth. etaily's asset-light strategy, along with their extensive knowledge of eCommerce, supply chain, and their utilization of data-driven insights to understand consumer behavior and demand, offer significant prospects for incorporating advanced omnichannel technology solutions into brand operations. This will enable substantial growth in the near future. Our brand portfolio is ready to be distributed by etaily.” About etaily Founded in 2020 and headquartered in the Philippines, etaily has quickly established itself as a pathway for brands seeking to sell their goods online across SEA. etaily is powered by a proprietary operating system for end-to-end commerce technology. In addition to building their own brands, etaily provides a unique end-to-end direct-to-consumer e-commerce solution for global consumer brands. This ecosystem spans the entire customer journey, from development of lifestyle products through inhouse branding capabilities to delivery to a local and regional customer base from etaily’s asset light warehouse network. For more information, please visit https://www.etaily.com Contact Details etaily Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.etaily.com/

November 14, 2023 08:00 AM Eastern Standard Time

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JustiFi and Sezzle Announce Partnership: Bringing Buy Now, Pay Later to SaaS Platforms

JustiFi

JustiFi, the fintech platform for platforms and Sezzle Inc. (NASDAQ: SEZL, ASX:SZL), a prominent Buy Now, Pay Later leader, today announced a groundbreaking partnership. Buy Now, Pay Later (BNPL) is a short-term financing option enabling consumers to make interest-free purchases over time. This collaboration revolutionizes the fintech industry, bringing seamless BNPL services to JustiFi platform partners, including hundreds of SaaS platforms, thousands of merchants, and millions of end users for the very first time. This innovative approach to financing not only simplifies the purchasing process for consumers but also opens up new opportunities for businesses, enabling them to reach a wider customer base and enhance overall customer satisfaction. Imagine this scenario, a parent is registering their child for youth hockey, but instead of paying that hefty $500 registration fee upfront, they now have the option of four interest-free payments over a six-week period. With just a click of a button during their normal registration checkout process, they can access the benefits of BNPL while avoiding the need for additional apps or loan approvals. “It is our mission to accelerate potential – whether that’s the fintech potential of our platform partners or the financial potential of their merchants and end users. This collaboration with Sezzle will bring immense value to our clients and their customers,” said Joe Keeley, JustiFi co-Founder and CEO. Benefits to Customers Platforms: This partnership enables platforms to monetize Buy Now, Pay Later services, while simultaneously offering their merchants a seamless checkout experience with fewer risks. Merchants: Merchants benefit from boosted sales due to higher cart conversion while Sezzle absorbs all the risk including: fraud, chargebacks, and repayment. End Users: Consumers benefit from expanded purchasing power and financial convenience. This inclusive solution also caters to underbanked individuals who may lack access to similar financial services. “Sezzle is dedicated to revolutionizing the way people pay and we are excited to partner with JustiFi, because it allows us to extend our reach and enable additional platforms to offer our flexible payment options,” said Charlie Youakim, CEO of Sezzle. “Merchants on JustiFi’s partner platforms will be eligible for pre-approval by Sezzle, accelerating activation and reaching millions of new customers. Together, we are shaping the future of online payments and fintech." By providing cutting-edge BNPL solutions to SaaS platforms, JustiFi and Sezzle are reshaping the future of online payments. This collaboration underscores their commitment to enhancing the financial experience for their clients and end users, propelling the industry forward into a new era of convenience and accessibility. About JustiFi: https://justifi.tech/ JustiFi, the fintech platform for platforms, enables software companies to monetize white-label fintech products like embedded payments, Buy Now, Pay Later, lending, and insurance faster than ever before. As a registered payment facilitator, JustiFi provides world-class customer support and helps platforms deliver seamless fintech experiences to their end users. About Sezzle Inc. https://sezzle.com/ Sezzle is a fintech company on a mission to financially empower the next generation. Sezzle’s payment platform increases the purchasing power for millions of consumers by offering a suite of financing solutions at online stores and in-store locations. When consumers apply, approval decisions are instant, and their credit scores are not impacted, unless the consumer elects to opt-in to a credit building feature, called Sezzle Up. Contact Details JustiFi Cory Ploessl +1 612-281-8966 cory.ploessl@justifi.tech Sezzle Erin Foran +1 651-403-2184 erin.foran@sezzle.com Company Website https://justifi.tech/

November 14, 2023 08:00 AM Eastern Standard Time

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LOGITIX LAUNCHES “LOGITIX ONE” – THE TICKETING INDUSTRY’S FIRST ALL-IN-ONE TECHNOLOGY PLATFORM

Logitix

Logitix, the leader in ticketing technology and analytics, announced it launched “Logitix One,” the first-ever all-in-one platform for the live event ticketing industry. Logitix One consolidates insights, pricing, ticket distribution, order management, processing, and reporting into a single platform, eliminating the need for multiple products. "The launch of Logitix One marks a significant milestone in the ticketing industry, as it merges all facets of technology into one innovative platform for our valued partners," exclaimed Logitix CEO Stu Halberg. "This is a groundbreaking solution that the ticketing world has been eagerly awaiting. With Logitix One, we're simplifying the entire ticketing lifecycle and empowering our clients with unparalleled capabilities." Logitix One launched with multiple features to automate the pricing of tickets depending on the goals of the user. Compatible with every point of sale, Logitix One can mass-price tickets based on data from past events and gives the partner the option of using automation controls as demand fluctuates. “We’ve been beta testing Logitix One with multiple partners this year, and the response has been incredible,” said Logitix Chief Distribution Officer Jon Katz. “Our team incorporated feedback from the industry to create a platform where ticket owners can increase sales and streamline operational efficiencies.” Customers of Logitix One include ticket sellers, professional and minor league teams, performing arts centers, concert venues, and promoters. Logitix works with over 400 properties, ticket sellers, and other live event companies across sports, music, performing arts, and entertainment. About Logitix Logitix is the preeminent monetization engine and ticketing platform for the live event industry, combining optimized pricing, distribution, and inventory management with real-time insights to help sellers and buyers respond to a rapidly changing market environment. The Logitix vision is to automate the entire ticket life cycle and provide data-driven insights to serve the diverse needs of its clients. The company is backed by ZMC and is privately held. For more information about Logitix, visit Logitix.com or find them on LinkedIn. Contact Details Eric Nemeth nemeth@ericpr.com Company Website https://logitix.com/

November 14, 2023 07:45 AM Eastern Standard Time

Ondo InsurTech lands contract with top US insurer Nationwide to provide LeakBot to US customers

Ondo InsurTech PLC

Ondo InsurTech PLC CEO Craig Foster joined Proactive's Stephen Gunnion with news of a new partnership with Fortune 100 US insurance company Nationwide to provide Ondo's LeakBot to its US customers as part of its Smart Home Program. Foster explained that Columbus, Ohio-based Nationwide is one of the largest insurance and financial services organizations in the US with 2.5 million homeowners insurance customers. Nationwide has led innovation in the US with its Smart Home Program – a new innovative way for homeowners insurance customers to keep their homes safe. Participants in the program receive a discount on their insurance premiums. The Program has been a success and is live in 34 states, distributing smart devices such as the Ting sensor to prevent household fires. Foster said Nationwide has now selected LeakBot as a water damage prevention system that can be offered within the program. The two companies have signed an ongoing Master Services Agreement, and have started work on the IT integration of LeakBot’s APIs into the Nationwide Smart Home platform. Nationwide and Ondo are now working towards the first state launch planned for early 2024. Following the successful execution of the first order, the intention is to expand this into other states in 2024. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

November 14, 2023 06:47 AM Eastern Standard Time

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Tencent Cloud, Ledger and More Web3, Gaming & Investment Players Gather at the MultiversX Hub Seoul

STORM Partners

MultiversX, the leading layer-1 smart contract platform, known for its highly scalable, secure and robust infrastructure, has announced the Seoul Hub event scheduled for November 14, hosted by the nonce community location. Planned as an Upbit D Conference side event, the Hub will follow the extensive presence of the team at UDC, with MultiversX CEO Beniamin Mincu set to take the stage. The one-day event includes keynote sessions, technical presentations, panel discussions, workshops, a coding challenge, as well as networking opportunities and a party to conclude the day. Among the global experts attending the MultiversX Hub Seoul will be representatives from Tencent Cloud, Ledger, Pantera Ico Group, Presto Labs, Four Pillars, BIFROST and more. They will cover everything from gaming and NFTs, business, research, investment and beyond. MultiversX Hub is a new platform designed to spotlight the most relevant voices within the crypto, blockchain and tech spheres in strategic areas around the world and to connect them with exciting projects developing on MultiversX. In Seoul, participants will have the chance to connect with the team behind CyberpunkCity, an MMORPG currently in public alpha that combines immersive Metaverse experiences and creative tools of true digital ownership. On the DeFi side of the event, attendees can explore the industry-defining payment products from Pulsar Money, while NFT enthusiasts will get insights from XOXNO, the largest marketplace in the MultiversX ecosystem. The event will also host a developer-centric challenge to brainstorm, collaborate, innovate, and build using the MultiversX network. The team has prepared a series of workshops for developers to explore the MultiversX infrastructure, and encourage them to propose real-world solutions, pitch their ideas and win up to $2000 in prizes. " As the MultiversX protocol and ecosystem have matured and attracted significant interest from some of the largest tech companies in the world, including Google Cloud, Deutsche Telekom or AWS, we are in an exceptional position to provide a unique platform for advancing the discussion on the next evolution of blockchain and other emerging technologies. Seoul provides us with a great opportunity to kick-start the MultiversX Hub in one of the world's innovation centers, connect with some of the brightest minds in the industry in Asia, and expand our strong partner base, " said Beniamin Mincu, MultiversX CEO. The full event agenda, as well as a registration option, are available here: https://lu.ma/MultiversXHubSeoul About MultiversX A highly scalable, secure and decentralized blockchain network created to enable radically new applications, for users, businesses, society, and the new metaverse frontier. Distributed by STORM Partners. Contact Adrian Bono for interviews and quotes - adrian.bono@storm.partners or telegram @STORMPartners Contact Details Media Contact Dan Voicu, Head of Communications dan.voicu@multiversx.com

November 13, 2023 03:29 PM Eastern Standard Time

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