News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

Bridgeline Digital CEO says HawkSearch led 3Q growth as focus on core products grows

Bridgeline Digital Inc

BridgeLine Digital CEO Ari Kahn takes Proactive's Stephen Gunnion through the company's third-quarter results, which reveal a strong compound annual growth rate (CAGR) of 15% in the company's core products, led by HawkSearch which signed over $1 million in new customer contracts during the quarter. Collaborations with the likes of SalesForce, Optimizely, BigCommerce, and Duda have proven fruitful, driving efficient sales cycles and expanding their market. Kahn anticipated significant growth, driven by upcoming initiatives, including the Bronco release that shortens sales cycles by 20%, and the introduction of advanced analytics and a franchise search solution. Despite projected declines in legacy products, Bridgeline foresees robust 15%+ growth in their core offerings, with the catalyst being the upcoming releases and partnerships, ensuring strong progress into fiscal 24. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

August 15, 2023 01:54 PM Eastern Daylight Time

Video
Article thumbnail News Release

Announcing NowSecure Platform 5 — the Industry’s First All-in-One Mobile App Security & Privacy Testing Solution

NowSecure

NowSecure, the recognized experts in mobile security and privacy, announced it has unified its portfolio of mobile app security products and services into the award-winning flagship NowSecure Platform 5. Now mobile development and security teams can optimize their mobile appdev lifecycle and mobile AppSec program performance, fine tune testing frequency, depth and coverage across their mobile app portfolios and drive efficiencies while consolidating investments. The “IDC DevSecOps Adoption, Techniques and Tools Survey, 2023” identifies the top drivers for DevSecOps as catching security vulnerabilities earlier in the software lifecycle, improving security posture of apps and minimizing human error via security automation. However, IDC found the top three organizational challenges associated with DevSecOps adoption are lack of developer security knowledge, lack of collaboration across security and development teams, and budget constraints. In addition, the IDC survey reported that significantly more organizations experienced a security breach in 2022. Recent notable breaches listed in the NowSecure Mobile Breach Tracker include Chick-fil-A, Hyundai, Kurbo, TikTok and Twitter (X). To help developers, security and privacy teams address these challenges and improve performance, NowSecure Platform 5 provides a consolidated, collaborative, all-in-one platform for mobile app security and privacy. “For most organizations, secure app development, security training, app security testing and pen testing have long been fragmented, frustrating and expensive,” said NowSecure CEO Alan Snyder. “Working with our customers and mobile community, we have joined together all the critical components of a successful mobile app security and privacy program into a single all-in-one solution. Now all organizations can get the unified visibility and efficiencies they need at scale.” NowSecure Platform provides continuous and on-demand automated mobile app security and privacy testing for iOS and Android mobile applications for mobile DevSecOps and Agile teams. Purpose built for mobile teams, NowSecure runs a battery of 600 tests using static, dynamic, interactive and API Security testing for the deepest and broadest risk coverage in the industry, identifying security, privacy, supply chain and app store blocker issues with high accuracy. NowSecure Platform integrates with all major software development tools including CI/CD, ticketing and vulnerability management systems. To speed issue resolution, NowSecure includes developer-friendly issue details, business impact, evidence, embedded remediation instructions, code samples, links to Apple and Android developer documentation and more. NowSecure Platform 5 delivers critical capabilities to drive performance and efficiency: Unifies and consolidates NowSecure Platform automated testing, NowSecure Workstation manual testing, NowSecure Services expert manual pen testing and NowSecure Services compliance validation services to enable all activities and results in one place Delivers actionable analytics through new mobile app Portfolio Health Dashboard with trending, drill-downs and recommendations Supercharges remediation by expanding findings and remediation content while embedding just-in-time training from NowSecure Academy Adds a new “Secure Mobile Development Foundations” course in NowSecure Academy for developers to learn secure coding basics Enables seamless collaboration across dev, security and NowSecure experts through policy-driven workflow integrations Adds an optimized Command Line Interface (CLI) to enable custom interactions and integrations into development workflows Today more than 80% of all digital time online is spent in mobile apps vs web, generating over $260bn in mobile revenue in 2022. As the Mobile App Security Testing [MAST] marketplace grows, “Gartner Hype Cycle for Application Security, 2023” (24 July 2023 • ID G00791986) notes that Mobile App Security Testing has moved into the Slope of Enlightenment where “commercial off-the-shelf methodologies and tools ease the development process” and is approaching the Plateau of Productivity where “real-world benefits of an innovation are demonstrated and accepted and tools and methodologies are increasingly stable.” With years of delivering high-value customer results through millions of mobile app assessments, the latest NowSecure Platform 5 innovations ensure that it is well positioned to help the mobile app community mature efficiently and effectively. NowSecure Platform 5 is the cornerstone of the industry’s only full suite of mobile app security and privacy solutions from NowSecure. In addition to NowSecure Platform for automated security and privacy testing, offerings include NowSecure Workstation kit for pen tester productivity, NowSecure Supply Chain Risk Management, NowSecure expert Mobile Pen Testing as a Service (PTaaS), and NowSecure Academy training courseware for dev and security teams. NowSecure customers report high value returns of releasing safe mobile software 30% faster, reducing testing and delivery costs by 30% and reducing risk by 40%. NowSecure Platform 5 is available directly from NowSecure and via Synopsys SIG, Microsoft Azure Marketplace and AWS Marketplace. Request a demo of NowSecure Platform 5 to learn more and see it in action. As the recognized experts in mobile security and privacy, NowSecure protects the global mobile app economy and safeguards the data of millions of mobile app users. Built on a foundation of standards, NowSecure empowers the world's most demanding organizations with security automation to release and monetize 30% faster, reduce testing and delivery costs by 30% and reduce risk by 40%. Only NowSecure offers an award winning full solution suite of continuous security testing for DevSecOps, mobile app supply chain monitoring, expert mobile pen testing as a service (PTaaS) and training courseware. NowSecure actively contributes and supports the mobile security open-source community, standards and certification including OWASP MASVS, ADA MASA, NIAP and is recognized by IDC, Gartner, Deloitte Fast 500, Cyber Defense Magazine and TAG Cyber. Contact Details NowSecure Brian Reed +1 202-240-7611 press@nowsecure.com Company Website https://www.nowsecure.com/

August 15, 2023 11:01 AM Eastern Daylight Time

Article thumbnail News Release

SPARK Microsystems se joint au Conseil canadien des semi-conducteurs

SPARK Microsystems

SPARK Microsystems, une entreprise canadienne de semi-conducteurs spécialisée dans les communications sans fil à courte portée de nouvelle génération, a annoncé aujourd'hui qu'elle s'est jointe au Conseil canadien des semi-conducteurs (CCS) afin de façonner la stratégie des semi-conducteurs au Canada. Frédéric Nabki, cofondateur et directeur de la technologie de SPARK, siégera au conseil consultatif et aidera le CCS dans sa mission d'accélérer la croissance et le développement du secteur canadien des semi-conducteurs. « Le CCS s'est engagé à faire du Canada un centre vital d'innovation dans la chaîne de valeur des semi-conducteurs. En tant que nouveau membre du conseil consultatif du CCS, je me réjouis de travailler avec le Conseil et ses membres à l'élaboration d'un modèle durable de croissance du secteur des semi-conducteurs qui propulse la croissance économique du Canada et sert de catalyseur à d'autres secteurs industriels », a déclaré Frédéric Nabki, cofondateur et directeur de la technologie de SPARK Microsystems. Le CCS est une association nationale de l'industrie des semi-conducteurs qui représente un large écosystème d'entreprises canadiennes de microélectronique, de fabricants de micropuces, d'organismes de R&D, de laboratoires gouvernementaux et d'universités. L'objectif du Conseil est de renforcer la compétitivité du Canada dans l'espace mondial des semi-conducteurs. « Le CCS a pour mission de diriger la stratégie nationale en matière de semi-conducteurs et de mettre en œuvre un plan d'action qui permettra au Canada d'être l'un des principaux développeurs, fabricants et fournisseurs mondiaux de produits semi-conducteurs intégrés », a déclaré M. C. Paul Slaby, directeur général du CCS « SPARK sera un atout inestimable dans notre plateforme nationale pour collaborer et discuter des défis de l'industrie, des meilleures pratiques, et pour partager des ressources et des idées afin de gagner en visibilité dans l'industrie technologique mondiale, en donnant la priorité aux intérêts de l'industrie canadienne des semi-conducteurs. » SPARK Microsystems a mis au point une solution sans fil innovante à courte portée basée sur la technologie UWB qui réduit considérablement la consommation d'énergie des appareils connectés tout en offrant des débits de données élevés et un faible temps de latence comparables à ceux des connexions filaires - sans les fils. Ses caractéristiques de performance sont essentielles pour permettre la mise en place de la prochaine génération d'appareils mobiles connectés sans fil et de capteurs optimisés pour une efficacité énergétique élevée, entraînant une réduction significative de l'utilisation et du remplacement des batteries. À propos de SPARK Microsystems SPARK Microsystems construit la prochaine génération de dispositifs de communication sans fil à courte portée. SPARK UWB fournit des liens de communication sans fil à haut débit et à très faible latence avec un profil de puissance ultra-faible, ce qui le rend idéal pour les réseaux personnels (PAN) utilisés dans les produits mobiles, grand public et connectés à l'IoT. S'appuyant sur des technologies brevetées, SPARK Microsystems s'efforce de minimiser et, à terme, d'éliminer les fils et les batteries d'un large éventail d'applications. Pour plus d'informations, veuillez consulter sparkmicro.com. Contact Details Rainier Communications Jenna Beaucage +1 508-340-6851 jbeaucage@rainierco.com Company Website https://www.sparkmicro.com

August 15, 2023 09:09 AM Eastern Daylight Time

Article thumbnail News Release

SPARK Microsystems Joins Canada’s Semiconductor Council

SPARK Microsystems

SPARK Microsystems, a Canadian fabless semiconductor company specializing in next-generation short-range wireless communications, today announced it has joined Canada’s Semiconductor Council (CSC) to shape the semiconductor strategy in Canada. SPARK Co-founder and Chief Technology Officer, Frederic Nabki, will serve as an advisory board member and help CSC with its mission to accelerate the growth and development of Canada's semiconductor sector. “CSC is dedicated to establishing Canada as a vital hub of innovation in the semiconductor value chain. As a new member of CSC’s advisory board, I look forward to working with the Council and its members to develop a sustainable model for semiconductor growth that propels Canada’s economic growth and serves as a key enabler of other industry sections,” said Frederic Nabki, Co-founder and CTO, SPARK Microsystems. The CSC is a national semiconductor industry association representing a broad ecosystem of Canadian microelectronics companies, microchip manufacturers, R&D organizations, and relevant government labs, agencies, and universities. The purpose of the Council is to further boost Canada's competitiveness in the global semiconductor space. “CSC is on a mission to lead the national semiconductor strategy and implement an action plan that positions Canada to be a leading global developer, manufacturer, and supplier of embedded semiconductor products,” said Dr. C. Paul Slaby, Managing Director, CSC. “SPARK will be an invaluable asset in our national platform to collaborate and discuss industry challenges, best practices, and share resources and ideas to gain visibility across the global tech industry, prioritizing the interests of the Canadian semiconductor industry.” SPARK Microsystems has developed an innovative short-range wireless solution based on UWB technology which dramatically reduces energy consumption for connected devices while delivering high-data rates and low latency on par with wired connections – without the wires. Its performance attributes are essential for enabling the next generation of wireless connected mobile devices and sensors optimized for high energy efficiency, driving a significant reduction in battery usage and replacement. About SPARK Microsystems SPARK Microsystems is building next generation short-range wireless communication devices. SPARK UWB provides high data rate and very low latency wireless communication links at an ultra-low power profile, making it ideal for personal area networks (PANs) used in mobile, consumer and IoT-connected products. Leveraging patented technologies, SPARK Microsystems strives to minimize and ultimately eliminate wires and batteries from a wide range of applications. For more information, please visit www.sparkmicro.com. Contact Details Rainier Communications Jenna Beaucage +1 508-340-6851 jbeaucage@rainierco.com Company Website https://www.sparkmicro.com

August 15, 2023 09:07 AM Eastern Daylight Time

Article thumbnail News Release

Hacks Have Taken Billions From Both Centralized And Decentralized Crypto Exchanges — Is Swopblock The Answer?

Benzinga

By James Wells, Benzinga Learn more about and invest in Swopblock via Wefunder The crypto community has faced a series of unfortunate incidents over the past two years, punctuated by the collapse of FTX, a large centralized exchange (CEX). These situations have led many investors – who are still awaiting compensation – to question the reliability of CEXs. Decentralized exchanges (DEXs) propose a solution by removing third parties and allowing users to handle their own assets. Nevertheless, many DEXs still rely on centralized components such as bridges and pipes, limiting their reach to full decentralization. Swopblock, a pioneering decentralized crypto exchange, stands out by enabling cross-chain trading with 100% liquidity distribution across user wallets. This could surpass the limitations of existing DEXs and CEXs, potentially positioning Swopblock as a leader in the decentralized finance (DeFi) field. Centralized Exchanges: A Double-Edged Sword Centralized Exchanges (CEXs) such as Binance, Coinbase and Kraken are popular cryptocurrency platforms known for their reliability and a range of benefits, including liquidity, fast transactions and user-friendly interfaces. However, these advantages come with a downside: CEXs have a custodial nature, which means they hold users' assets on their behalf. This setup increases the risk associated with relying on the exchange as an intermediary. The increased counterparty risk in CEXs can lead to potential problems. For example, some exchanges like Celsius have faced insolvency issues, while others like FTX experienced irretrievable losses of funds due to unethical practices. While CEXs offer convenience by simplifying asset management through exchange-managed wallets, it requires users to place significant trust in the exchange, making them vulnerable to these risks. Transition To Decentralization: Not The Ultimate Solution Yet Cross-chain Decentralized Exchanges (DEXs) attempt to mitigate CEXs' counterparty risk by compartmentalizing custodial control into pipes and bridges, but this does not completely eliminate the risk of custodial control failure. This can lead to single points of failure, causing significant losses if compromised (hacks, bugs, etc.). DEXs like Uniswap mitigate CEXs' counterparty risk by prohibiting cross-blockchain trading altogether, this requires using these CEXs to gain access between DEXs on other blockchains. According to Binance Research, DEXs were the most used type of decentralized application (dApp) among institutions in Q2 2023. While CEXs are an established technology, DEXs retain most centralized exchange capabilities and often provide access to more niche and experimental projects. The Swopblock Solution: Distributed Liquidity for Complete Decentralization Swopblock is a trailblazer in the DEX industry as the first fully decentralized exchange. Unlike its competitors, such as Thorchain or PancakeSwap, Swopblock ensures an impressive 100% liquidity distribution across all user wallets, significantly reducing vulnerability to liquidity pool and bridge hacks. Despite liquidity pools being decentralized, these remain susceptible targets for attacks due to the accumulation of assets. The alarming $2.1 billion lost to hacks and exploits in 2022 alone emphasizes the urgent need for more decentralized liquidity distribution. The true innovation of Swopblock lies in its decentralized liquidity distribution, setting it apart from other platforms. Powered exclusively by SWOBL, users contribute liquidity individually for their trades while retaining full control within their wallets. This approach not only addresses self-custody issues typically associated with Centralized Finance (CeFi) but also eliminates the 'honeypot' risks inherent in traditional DEXs like Trader Joe, Uniswap, and PancakeSwap. Swopblock: Ushering in a New Era of Genuine Decentralization in Crypto Exchanges As the DEX sector continues to thrive in the aftermath of the FTX fallout, and with the increasing focus on self-custody, it's crucial that both investors and developers maintain their focus on the overarching goal of crypto: decentralization. Many decentralized projects, despite their emphasis on improving capital efficiency, user-friendliness, and other metrics, have overlooked the enormous flaw of integrating any kind of single-point custodial-control failure into a decentralized exchange system. Swopblock, with its innovative technology emphasizing distributed liquidity powered by its protocol driven medium of exchange, stands as a truly disruptive force that prioritizes decentralization. As the demand for a genuinely decentralized exchange method grows, Swopblock stands ready to meet it, raising the bar across the industry. Learn more about and invest in Swopblock via Wefunder. 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

August 15, 2023 09:00 AM Eastern Daylight Time

Article thumbnail News Release

OLB Group (NASDAQ: OLB) Acquires Controlling Interest In Prepaid Phone Platform, Potentially Expanding Its Services For The Underbanked To An Additional 31,000 Locations

Benzinga

By David Willey, Benzinga OLB Group, Inc. (NASDAQ: OLB) is a diversified payment and omnicommerce technology services provider that provides the benefits of traditional banking to financially underrepresented communities. It is boosting its services to the underbanked through the acquisition of a controlling interest in Cuentas SDI LLC, a company that owns the platform of Black011.com along with a network serving over 31,000 convenience stores. OLB acquired an 80% share in the company and will offer its services, including the prepaid General Purpose Reloadable (GPR) program, to the stores and customers already on SDI’s network. The company has appointed a new Vice President (VP) of Sales, Jeff Jorgge, to lead the expansion. Jorgge has over 15 years of experience leading similar projects with other major companies. His campaign will involve rebranding the SDI platform under the OLB Payment Platform and ECO payment system and offering OLB’s services to the 31,600 convenience stores currently part of SDI’s network. The campaign will highlight the ability of members on the Black011 platform network to use one integrated Point-of-Sale (POS) system so their customers can purchase products and reload their phones from the same system. Jorgge commented, “I have been involved in indirect channel distribution for the past 15 years in the New York, New Jersey and Connecticut area and am very excited about all the additional unique services that OLB will bring to the merchants on the SDI network. The OLB Group applications of in-store and on-mobile online App and will help to bridge the digital divide for the unbanked, underbanked, and underserviced population.” OLB’s Current Focus – The First 1,000 Locations OLB believes this controlling acquisition of SDI will increase its service to convenience stories and their customers. The company is starting its campaign by targeting 1,000 prime locations, including convenience stores and ‘bodegas,’ in the tri-state area. These locations often serve unbanked or underbanked households, which represent almost 18% of America’s more marginalized communities. There are over 150,000 convenience stores in the U.S., and it is estimated that over 90% of Americans live within a short distance of one of these stores. However, these stores can struggle in the changing economic environment, and OLB’s acquisition will allow it to better serve this significant market. OLB Group CEO Ronny Yakov commented on the acquisition, “We are excited to move forward with this exciting next step in our relationship with Cuentas. Our plan is to immediately focus on adding as many as 1,000 new stores to the network in the New York, New Jersey, Connecticut area and then ramp up from that initial base.” Expanding SDI Services Cuentas Inc. (NASDAQ: CUEN), which used to own Cuentas SDI, still owns almost a 20% share of the company. It will continue helping SDI serve financially underrepresented communities and plans to add the network to its new Cuentas Mobile Wireless Service. It will also continue working with the leading global financial services company InComm, to add innovative digital solutions to the SDI network in aid of the underbanked. OLB will be able to offer these locations numerous benefits, including access to OLB’s network of customers, wallets with instant credit and the ability to issue loans and other financial services. The acquisition of the SDI network will also enhance OLB’s GPR program. GPR cards function like debit cards, except they are pre-paid and reloadable, and unlike debit cards, they are not connected to a bank. Integrating the SDI network with OLB’s financial services means owners of merchant locations will be able to reload funds to their accounts as well as use OLB’s electronic portal to offer customers instant access to digital products. Other companies that offer services similar to OLB, including integrated fintech/payment, are large-cap names like Shopify, Inc. (NYSE: SHOP) and BigCommerce Holdings (NASDAQ: BIGC). This initiative to expand into a very large underserved market could be a major contributor to OLB’s revenue and income growth going forward as the company executes on their roll out plan to the new market sector of bodegas and convenience stores. Want to read more about what OLB Group is doing to serve the underbanked? Check out its website. This post contains sponsored advertising 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

August 15, 2023 09:00 AM Eastern Daylight Time

Article thumbnail News Release

Claravine Makes the Inc. 5000 for Fourth Consecutive Year

Claravine

Inc. revealed today that Claravine ranks No. 2426 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000. "It is an honor to be recognized four consecutive years in the Inc. 5000,” says Verl Allen, CEO of Claravine. “The past four years have been transformative for Claravine and earning a place in the Inc. 5000 is a testament to the incredible success of our clients, which include over a quarter of the Fortune 100, and our world-class team. We plan to continue building on this momentum to power higher quality data decisions across our customers using data standards.” The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years. For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23. “Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.” This acknowledgement comes on the heels of a milestone year for Claravine. Recently, Claravine acquired Netra, Inc, a content classification company powered by artificial intelligence, and added its services to AWS Marketplace. Claravine was also recently named for the second consecutive time to AdExchanger’s Programmatic Power Players list, as well as awarded the 2022 AdExchanger Award for Best Data Technology. Claravine was also named a cool vendor in the 2022 Gartner Cool Vendors in Marketing Data and Analytics report. More about Inc. and the Inc. 5000 Methodology Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. About Inc. Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com. For more information on the Inc. 5000 Conference & Gala, slated for October 31 - November 2 in San Antonio, visit http://conference.inc.com. 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. 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. For more information, visit www.claravine.com. Contact Details Kite Hill PR Michael Kocher +1 704-960-2295 michael@kitehillpr.com Company Website https://www.claravine.com/

August 15, 2023 09:00 AM Eastern Daylight Time

Article thumbnail News Release

Sekur’s Suite Of Encrypted And Private Communication Tools Will Now Be Available To Morocco’s Largest Telecommunications And Banking Companies Thanks To New Agreement

Benzinga

By Rachael Green, Benzinga This month, Sekur Private Data Ltd. (OTCQB: SWISF) (CSE: SKUR) (FRA: GDT0) announced a new distribution agreement with Digital Smart Solution Sarl (DSS), a Morocco-based IT services consulting company. The agreement will see Sekur’s suite of privacy solutions, including SekurMesenger, SekurVPN and SekurMail offered to some of Morocco’s largest companies in the telecommunications and banking sectors. Sekur Is A Leader In Developing Truly Private And Secure Communication And Internet Access Among the solutions that will be distributed under the new agreement is SekurMessenger. The proprietary chat, voice-message and file-sharing app allows users to communicate via a secure and very private channel without disclosing their phone number or other contact information. It also comes with a self-destruct timer that users can set to automatically clear message history at regular intervals. That’s true even when using the app to chat with someone who doesn’t have SekurMessenger through its chat-by-invite feature. The enterprise version archives all communications at server level for compliance, and offers full users’ permissions and onboarding, offering a compliant true private closed loop communications solution for businesses and their client base and offering an alternative to other non-compliant messaging applications in use today by many employees in the financial, legal and medical sectors. According to a CNBC article dated Aug 8th, 2023, U.S. regulators announced a combined $549 million in penalties against Wall Street firms that failed to maintain electronic records of employee communications. That level of privacy and data protection could be a game changer in a market that currently suffers from a lack of robust cybersecurity. “Approximately 90% of African businesses are operating without cybersecurity protocols in place, making them vulnerable to cyber threats, such as hacking, phishing, and malware attacks,” said Sekur CEO Alain Ghiai. Privacy is still an issue even within the cybersecurity services market, though. Data mining and third-party leaks are major issues among virtual private network (VPN) providers, for example. VPNs are meant to offer users a way to browse the internet while concealing their IP address and making the rest of their data less vulnerable to hackers. But many VPN providers structure their service in a way that leaves glaring loopholes for data leaks. In July, for example, Meta (NASDAQ: META) was fined AU$20 Million by the Australian Competition and Consumer Commission after its subsidiary, Onavo Protect VPN, was found to be monitoring and logging user activity and sharing that data with its parent company. Even when a VPN provider promises that it doesn’t log user activity, it might use third-party servers or bundle its VPN with third-party services like ad blockers or anti-virus software that don’t make the same data privacy guarantees. That’s what Sekur wanted to solve with its SekurVPN launched in April. The VPN service is hosted entirely on Sekur’s own servers based in Switzerland, where data privacy laws are especially strict. It’s also a pure VPN service with no other third-party add-ons bundled into the plan. The result is a no-frills, easy-to-use VPN that not only guarantees that it won’t monitor or log user data but avoids the risk of third-party providers tracking or sharing that data as well. This level of privacy and security is especially important for businesses that are often handling not just their own data but that of customers and, as a result, are more likely to be targeted by cybercriminals. DSS Distribution Agreement Aligns With Sekur’s Recent Push Into Enterprise Security Market Under the new deal, DSS will start by approaching two of the largest telecom operators in Morocco which serve a combined mobile subscriber base of well over 20 million users. This comes as Sekur takes major steps to grow its enterprise services segment, including plans to launch major marketing campaigns by the fourth quarter of this year targeting the 30 million small businesses in the United States, where two-thirds of today’s VPN users are based. Alongside its expanded distribution and marketing strategy, the company is also developing a suite of Sekur Enterprise solutions to better cater to this segment as its network of enterprise customers grows. 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

August 15, 2023 09:00 AM Eastern Daylight Time

Article thumbnail News Release

Zuma Payroll & Processing Makes the Inc. 5000 List of America’s Fastest-Growing Private Companies

Zuma Payroll & Processing

Zuma Payroll & Processing (“Zuma”), a leading payroll, processing, and talent management software provider, today announced it was named to the Inc. 5000 Annual List for accomplishing three-year revenue growth rate of 339 percent. It’s the second consecutive year that Zuma was named the most prestigious ranking of the fastest-growing private companies in America. Zuma helps small and medium businesses (SMBs) handle their complex payroll, tax, and human resources obligations more efficiently and effectively. Over the past three years, Zuma has experienced a transformative phase of growth, more than tripling its revenue and doubling its team of experts. Zuma has seen a surge in demand for its award-winning, all-in-one HR platform for SMBs, including tremendous growth from the construction sector. The company specializes in handling intricate union reporting requirements. “We're seeing surging demand for our payroll, tax, and HR services, particularly in our specialty solutions for the construction sector," said Chris Caputo, CEO of Zuma. "Our ongoing investments in people and technology enable us to serve more clients and solve their complex payroll and tax challenges. Being named to the list for the second consecutive year is a testament to our team's hard work, dedication, and commitment to client excellence.” The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. “Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.” About Zuma Payroll & Processing Founded in 2006, Zuma has evolved into a crucial solution-provider for businesses, particularly in the realm of payroll and human capital. The company has experienced monumental growth in the construction sector, owing to its expertise in intricate union reporting requirements. A 30% expansion in its dedicated team and pivotal investments into technology have propelled Zuma to redefine the sales process and enhance the client journey. With its headquarters in Melville, NY, Zuma continues its endeavor to streamline operations and offer top-tier services to its ever-growing clientele. For more information, kindly visit https://www.zumapay.com/. About Inc. Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com. Contact Details LoBello Communications Sivan Ron Sivan@LoBelloCommunications.com Company Website https://www.zumapay.com/

August 15, 2023 09:00 AM Eastern Daylight Time

1 ... 178179180181182 ... 572