Digital Asset DirectAvaWatz: Building Collaborative Teams Of Robots For The Benefit Of Mankind
AvaWatz Inc.
Contact Details Rajini Anachi rajini@avawatz.com Company Website https://avawatz.com
October 12, 2022 08:37 AM Eastern Daylight Time
Video
Digital Asset Direct
News ReleasePlus One Robotics Announces New Resource-Rich Website
Plus One Robotics
Plus One Robotics, a global solutions provider of a vision-enhanced and AI-based parcel handling platform for intralogistics applications, has launched a new website that helps guide customers in their parcel induction and mixed depalletizing purchasing decisions. The site navigation has been reorganized to better describe Plus One’s depalletizing and induction solutions, and how the company’s PickOne and Yonder technologies power them. It is designed in a dynamic manner that also provides information on the company’s history, philosophy, capabilities, quality requirements, and processes applied to its intelligent software solutions. Additional new functionality includes: Resources page featuring white papers, case studies, brochures, and product videos. Total picks counter that calculates the number of parcels picked across all Plus One Robotics’ live deployments in the field Dedicated partner page highlighting Plus One’s valued integrators and partners “The new website better reflects the direction of the company and makes it easier for customers to not only learn about our robotic parcel handling solutions but also have access to resources that aid them in their decision-making process,” said Robert Nilsson, Chief Revenue Officer at Plus One Robotics. “This has been a top priority for our organization, and we’re thrilled to see it come to fruition.” The new design lays the groundwork for future iterations as Plus One continues to expand within the marketplace and increase its customers’ total picks per day. About PLUS ONE ROBOTICS: Plus One Robotics provides the fastest and most reliable parcel handling robotics platform in the world. Founded in 2016 by computer vision and robotics industry experts, Plus One's intelligent solutions combine human-robot collaboration and supervised autonomy to pick more than 470 million parcels for leading logistics and ecommerce organizations in the Global 100. Plus One is headquartered in San Antonio with offices in Boulder, Pittsburgh, and The Netherlands. Visit www.plusonerobotics.com for more information, and follow us on LinkedIn, Twitter, YouTube, and Facebook. For additional information: Plus One Robotics 639 Bill Mitchell Blvd. Ste. 185 San Antonio, TX 78226 Web: www.plusonerobotics.com Tel: +1 210 664-3200 info@plusonerobotics.com Contact Details Plus One Robotics Nancy Lesinski +1 248-709-3040 nlesinski@industry-scope.com
October 12, 2022 08:30 AM Eastern Daylight Time
Image
Digital Asset DirectDiscover NusaTrip.Com From NusaTrip Indonesia's CEO, Johanes Chang
Society Pass Incorporated
Contact Details Dennis Nguyen: Founder, Chairman & CEO +1 877-440-9464 dennis@thesocietypass.com Company Website https://thesocietypass.com
October 12, 2022 08:20 AM Eastern Daylight Time
Video
News ReleaseHomeowners Gained $60,200 In Equity On Average This Year — Blend’s New Digitized Home Equity Lending Software Will Make Accessing That Easier Than Ever
Blend Labs Inc.
Home equity in the United States hit record levels this year, exceeding $29 trillion in the second quarter, according to the Federal Reserve. That represents a gain of nearly 28% in equity year over year, with the average homeowner gaining about $60,200 in equity. But sky-high inflation and a clunky, outdated lending process have made using that equity difficult for many homeowners. These opposing forces are creating increased demand for financial products — especially home equity lines of credit (HELOCs) — that allow homeowners enjoying near-unprecedented home equity gains to tap into that new equity while banks struggle with an outdated, largely paper-based application process to approve new HELOC and home equity loan requests. That’s why companies like Blend Labs Inc. (NYSE: BLND) are working to digitize the home equity lending space. The cloud-based software platform turns a slow, 30-plus step process from application to funding into a quick process that can be completed in about three steps. HELOC Demand Is Surging, But Banks Are Still Relying On Outdated Paper-Based Applications HELOC volume surged almost 50% in the first half of the year, as the revolving line of credit with a variable rate and, usually, no origination fee is more attractive than a cash-out refinance for borrowers who locked in historically low rates on their original mortgage in the last few years. Homeowners are looking to leverage this spike in home equity to consolidate high-interest debts into lower-interest home equity lines of credit, make home renovations that could increase equity even further or use as a down payment on a second property to build up a real estate portfolio. That increase in HELOC volume is likely also thanks to the introduction of digital or tech-based solutions to the mortgage space that make it easier for customers to shop around for financial products, compare rates and offers and complete the application process. Traditionally, home equity lending has been slow to modernize, relying on a paper-based process with an average of 30 or more steps between application and funding that can take over 45 days to close. A lot of this is because of the clunky manual process on the bank’s side that leaves the customer waiting while a banker reviews the application, verifies assets and income, pulls credit, requests documents and so on. To meet the increasing demand, banks with the help of fintechs are finally taking this opportunity to update and digitize that process so homeowners can tap into their equity faster and more easily. Figure Technologies Inc. (NYSE: FACA.U), for example, is using blockchain technology to record and exchange data about a loan, automating much of the manual process that used to be needed. Meanwhile, Button Finance is using artificial intelligence to speed up the decision-making and funding process for home equity loans. Blend Instant Home Equity Brings Much-Needed Digitization to Home Equity Lending Blend Instant Home Equity is the latest from a company determined to bring digitization and tech-based solutions to the real estate and mortgage industries. The new product incorporates some of Blend’s existing software, like its Blend Income Verification and remote online notarization platform, to create a faster and more cost-effective alternative to home equity lending. The automated end-to-end product integrates identity and income verification, property appraisal, title, decisioning and notarization to cut the time and costs associated with processing a home equity loan application. For bankers, this makes it possible to generate a personalized offer for homeowners, approve it instantly and close it in a matter of days rather than weeks. For consumers, this means they can now easily access their home equity for things like debt consolidation and more. Unlike other fintechs in the home equity lending space, Blend uses modular architecture that makes it easy to develop new banking products that all integrate into one platform. This allows banks to digitize more of their services without relying on multiple pieces of software that may not integrate with each other. Banks incorporating the new Blend Instant Home Equity product can easily add its mortgage and other lending software. That ecosystem approach seems to be working, too, as Blend reports that 71% of its current customer base uses two or more Blend products. As competition in home equity lending heats up, banks are going to need digitization tools like these to handle larger volumes of applications while avoiding the long wait times that could drive customers to competing lenders. Powering the Future of Banking Blend is the infrastructure powering the future of banking. Financial providers—from the largest banks, fintechs, and credit unions to community and independent mortgage banks—use Blend’s platform to transform banking experiences for their customers. Blend powers billions of dollars in financial transactions every day. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. This article contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements generally relate to future events, future performance or expectations and involve substantial risks and uncertainties. Forward-looking statements in this article may include, but are not limited to, our expectations regarding our product roadmap, future products/features, the timing of new product/feature introductions, market size and growth opportunities, macroeconomics and industry conditions, capital expenditures, plans for future operations, competitive position, technological capabilities and strategic relationships. The forward-looking statements contained in this article are subject to risks and uncertainties that could cause actual outcomes to differ materially from the outcomes predicted. Further information on these risks and uncertainties are set forth in our filings with the Securities and Exchange Commission. All forward-looking statements in this article are based on information available to Blend and assumptions and beliefs as of the date hereof. Except as required by law, Blend does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise. Contact Details Investor Relations IR@blend.com Company Website https://blend.com/
October 12, 2022 08:00 AM Eastern Daylight Time
News ReleaseLawPay Launches Integration With LegalPRO Systems Online Bankruptcy Software, Jubilee
LawPay
LawPay, the leading online payment solution for legal professionals, announced a new integration with cloud-based bankruptcy management software, Jubilee by LegalPRO Systems Inc. This integration will allow firms to securely process payments, set up recurring billing plans, pay invoices, and run reports via the LawPay merchant services infrastructure. Credit, debit, ACH payments, and refunds are input into the JubileePro interface while the data is encrypted via LawPay’s secure tokenization service before being sent for processing. “Working with LawPay has been a pleasure as their team has been incredibly responsive and easy to work with”, said Keith Crusius, President of LegalPRO Systems Inc.”I have no doubt our clients will be happy with their service.” The integration is significant for the LegalPRO and JubileePRO teams due the high demand of clients requesting LawPay payments. LawPay has been a leader in the industry for over a decade, and is a longtime partner of the NACBA, which is important to the LegalPRO client base. “We are excited for LawPay to partner with the LegalPRO and JubileePRO teams, and to bring a combined solution to the legal market”, said Dru Armstrong, Chief Executive Officer of LawPay. “LawPay will continue to enhance its footprint in the case management sector and bring convenience to legal firms in more ways than one.” The LawPay and LegalPRO Systems integration will support high-volume law firms looking for ways to be more competitive with the ability to provide efficient resolution of cases through effective collaboration. For more information please visit lawpay.com/jubilee. About LegalPro Systems LegalPRO Systems focuses on providing the best bankruptcy and case management software for law firms with superior customer service and affordable pricing options. As a closely held privately owned business we don’t answer to shareholders and can put our customers’ needs first, which has allowed us to create an extremely loyal client base over 30 years. About LawPay LawPay was developed specifically to help law firms streamline billings and collections, providing a simple, secure solution for legal clients to pay their bills. LawPay is the industry leader in legal payments, providing a cost-effective solution for more than 50,000 law firms around the country. It's available through all 50 state bars, 60+ local and specialty bars and the ABA as a vetted and approved payment solution for the legal industry. LawPay is also the ALA’s Exclusive VIP Partner for Payment Processing. Learn more at lawpay.com. LawPay was developed specifically to help law firms streamline billings and collections, providing a simple, secure solution for legal clients to pay their bills. Contact Details LawPay Keely Leonard +1 512-368-8988 kleonard@affinipay.com Company Website https://www.lawpay.com/
October 11, 2022 10:00 AM Central Daylight Time
News ReleaseSilicon Valley Leadership Group Joins with Other California Business Associations to Call Upon Biden Administration to Accelerate Implementation of CHIPS Act Incentive Program
Silicon Valley Leadership Group
Leading a coalition of California business associations, the Silicon Valley Leadership Group (SVLG) today urged the Biden Administration and Congress to accelerate implementation of the multibillion dollar CHIPS Act incentive program, which is critical to sustaining and strengthening the state’s thriving innovation economy. According to the White House, America had more than 30 percent of global chip production over 30 years ago, while today, America produces barely 10 percent of the world’s chips. The CHIPS Act seeks to change this by investing $280 billion over the next ten years to revitalize U.S. competitiveness, innovation, and national security. Over the next five years, the Department of Commerce will oversee $50 billion in investments including $11 billion for advanced semiconductor R&D and $39 billion to speed up domestic chip production. Additionally, the Act creates a private sector investment tax credit for semiconductor manufacturing of approximately $24 billion. “The CHIPS Act promises to bolster Silicon Valley competitiveness by supercharging critical innovation infrastructure,” said Silicon Valley Leadership Group CEO Ahmad Thomas. “Our member companies stand ready to quickly leverage the federal government’s multi-billion dollar investment to help strengthen U.S. technology, ensure our global competitiveness, and fortify our supply chain resilience.” In a package of letters to U.S. Secretary of Commerce Gina Raimondo and members of the California delegation, the coalition emphasized that: “The [CHIPS and Science] Act presents a unique moment to seize upon California’s innovation and manufacturing advantages that will help strengthen the national economy and reinforce our critical supply chain of needed semiconductor chips and components. We respectfully request that the Department of Commerce move expeditiously to implement the Act’s incentive program, and we are happy to serve as an industry resource as the Act is implemented." In addition to the SVLG, the letters were signed by the Bay Area Council, Chamber San Mateo County, Fremont Chamber of Commerce, Los Angeles County Business Federation, San Diego Regional Chamber of Commerce, San Mateo County Economic Development Association, Sunnyvale Chamber of Commerce, and Valley Industry & Commerce Association. American businesses rely on semiconductors as essential components in electronic products like desktop computers, laptops, tablets, and smartphones. Advancing the nation's military capabilities also requires semiconductors for cutting-edge technologies. Expanding domestic manufacturing of semiconductors will bolster national security, supply chain resilience, and strengthen the national economy. California’s Innovation Economy, made up of diverse actors including technology companies, premier research entities, and comprehensive supply chain leaders, is well-positioned to leverage the Act’s incentives and act as a force multiplier for federal investment to strengthen national manufacturing, R&D, and semiconductor workforce training. President Biden released an implementation strategy for the $50 billion under the CHIPS for America program, which is available here. A summary of the legislation is available here. About the Silicon Valley Leadership Group: The Leadership Group is a business organization of hundreds of Silicon Valley’s most dynamic companies working to shape the innovation economy of California and the nation. Founded by David Packard of Hewlett-Packard, for over 40 years the SVLG has worked to address issues that affect the region’s economic health and quality of life. Today the SVLG Is focused on economic competitiveness with a special focus on diversity & inclusion, climate change and infrastructure. SVLG members collectively provide nearly one of every three private sector jobs in Silicon Valley and contribute more than $3 trillion to the worldwide economy. For more information, visit svlg.org. Contact Details Silicon Valley Leadership Group Laura Wilkinson, SVP, Head of Communications +1 669-319-2857 press@svlg.org
October 11, 2022 07:00 AM Pacific Daylight Time
News ReleaseAUTO REMARKETING NAMES DANIEL BURKE TO ITS 2022 “40 UNDER 40” LIST
Agora
Auto Remarketing named Daniel Burke, CIO / CSO of Agora Data, to its 2022 “40 Under 40” list. The accolade recognizes current and next-generation leaders of the used-car business making big differences in the industry and at their respective companies. “I’m honored to be named to the Auto Remarketing “40 Under 40” list,” said Daniel Burke, Chief Information Officer / Chief Strategy Officer, Agora Data. “This recognition acknowledges the critical tech innovation we bring to the industry and our continued success in providing highly accurate loan performance data and predictive analytics to independent auto dealers who offer their own in-house financing.” Agora Data is the nation’s leading resource for non-prime auto dealers to secure affordable capital and build their own captive finance solution. The company offers independent dealers access to capital market financing at low-cost interest rates, along with data-driven analytics. Daniel is the architect of Agora Data’s proprietary machine learning / AI advanced modeling that allows Agora Data to provide an unprecedented high degree of certainty of non-prime loan payment outcomes. To date, Agora Data has analyzed over $76B worth of non-prime auto loan data to predict (to 98% accuracy) the performance of auto loans. In December 2020, Agora Data made auto industry history by closing the first-ever crowdsourced non-prime auto securitization. This breakthrough accomplishment allows auto dealers to have direct access to ample capital with favorable terms and lower loan interest rates to help fuel their business. “We’re excited to debut our inaugural ’40 Under 40: Industry’ program, and share the stories of these outstanding honorees. These are the next-generation leaders of the used-car business, and their accomplishments are as numerous as they are impressive,” said Joe Overby, senior editor of Auto Remarketing. “Congratulations to all of our honorees – we look forward to celebrating with you at Used Car Week in November!” Auto Remarketing’s “40 Under 40” honorees will be recognized at a ceremony this fall at Used Car Week in San Diego, CA., at the Manchester Grand Hyatt. For more information on Agora Data, visit www.agoradata.com. About Agora Data, Inc. Agora Data, an automotive industry fintech, is the nation’s leading resource for independent auto dealers and finance companies. Auto loan originators can secure affordable capital to build their own non-prime captive finance solution, obtain actionable loan performance data to optimize their lending portfolios, and leverage a suite of other products to safely grow their business. Powered by patent pending technology, originators can access real-time data analytics and planning resources to help optimize the performance of their portfolios. Agora Data made history by closing the first-ever crowdsourced non-prime auto securitization in 2020 and continually brings groundbreaking products to an underserved market. For more information, visit www.agoradata.com or contact us at 1-877-592-4672. # # # Contact Details Shelly Vandeven +1 682-282-4130 media@agoradata.com Company Website https://agoradata.com/
October 11, 2022 09:06 AM Eastern Daylight Time
News ReleaseForesight to Present at LD Micro Main Event XV in Los Angeles
Foresight Autonomous Holdings Ltd.
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced today that Eli Yoresh, Chief Financial Officer, and Doron Cohadier, Vice President of Business Development, will present at the LD Micro Main Event XV in Los Angeles, on October 25, 2022 at 12:30 p.m. PT. The conference will be held at the Luxe Sunset Boulevard Hotel, Los Angeles. A live stream of the presentation can be found here. Management will be available for one-on-one meetings during the conference. To schedule a meeting, contact your LD Micro representative or Miri Segal at msegal@ms-ir.com. For more information regarding these events, please visit Foresight’s Investor Relations page here. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration and dense three-dimensional (3D) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Contact Details Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/
October 11, 2022 08:00 AM Eastern Daylight Time
News ReleaseXPOINT UNVEILS NEW LOGO AND UPDATED WEBSITE
Xpoint Technology
Xpoint, the leading geolocation and compliance technology company specializing in North American sports betting and iGaming markets, has kicked off the first day of the 2022 Global Gaming Expo (G2E) in Las Vegas, with the unveiling of a brand new company logo, an updated website and a revised suite of creative assets. Xpoint was first formally unveiled at G2E 2021, and now marks the start of the 2022 edition of one of the global sports betting, iGaming and gambling industry’s most important annual conferences with the launch of a range of new brand assets that will underpin Xpoint’s marketing program, helping further accelerate the company’s rapid growth in the North American market, and worldwide. “2022 has been an incredible year for our whole team, and our partners, and now we are proud to unveil our new logo, creative suite, and website, an important step as we continue to develop as a technology brand on the world stage,” commented Tom Webb, Xpoint Chief Marketing Officer. “G2E is part of our history, so there is no better place than the 2022 event to take the wraps off the work we have been doing to bring our new creative and digital assets to life. Our new logo is a dynamic parent brand for Xpoint, giving our product and marketing assets an energy that reflects our status as a world-class operator in our industry. Our new website is an ideal platform for our primary digital destination, and will feature news items and regular blogs from our team of experts, our partners and invited guests, making it a go-to destination for geolocation insights, and discussions on the wider technology world. We have also unveiled our new creative template, a uniquely Xpoint identity for all our photographic, video and graphic assets that will instantly elevate our marketing and communication activities across all platforms across which we are active. “Our new brand comes just one year after we formally unveiled Xpoint to the sports betting, iGaming and gambling industry at G2E 2021,” Webb continued. “Now, just 12 months later, we are live across North America with multiple partners using our Xpoint Verify and Xpoint Lite products as their geolocation solutions of choice. We are one of only two geolocation technology companies licensed in New Jersey, and we have grown to a team of 55 now, from just six people in 2021, and continue to add new staff members as our partner roster grows. In September, 2022 alone, we announced three major new investors, as well as increased funding from our two original backers, and four new live partners in multiple states throughout the USA, and we are just getting started. Q4 2022 promises to be even busier for our team, and we are all excited about what 2023 holds, and beyond. We exist to help our partners unlock the true potential of geolocation technology, and now we have even greater drive and determination to do so, under an exciting new marketing platform that truly befits our brand.” Xpoint’s brand new website is live now, where viewers can find out more about the company, its history and its live partners across North America. For access to Xpoint’s new logo, for editorial purposes, please contact marketing@xpoint.tech. ABOUT XPOINT Xpoint provides essential geolocation security solutions and intelligent location-based marketing insights to the global sports betting and iGaming industries. Xpoint’s innovative Verify and Lite platforms ensures partners meet their regulatory geo-compliance obligations, and deliver enhanced value through the generation of location-based data that can drive marketing programs. Recently nominated for two 2022 SBC North America Awards, Xpoint was founded in 2019 and officially unveiled in Las Vegas in 2021, and is led by the company's CEO and Co-Founder Marvin Sanderson, a global sports betting and iGaming industry leader. With North American offices in Toronto, Canada and Miami, Florida, Xpoint is changing the global geolocation market, bringing innovation to an industry that has, to date, viewed geo-compliance as a utility, not a new business opportunity. For more information, visit xpoint.live and follow LinkedIn for regular updates. Contact Details Xpoint Tom Webb +1 512-952-9369 tom.webb@xpoint.tech Company Website https://xpoint.tech/
October 10, 2022 09:00 AM Pacific Daylight Time
