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Global Employee Engagement Study Finds Only Half of Employees Happy at Work

Great Place to Work®

Great Place to Work®, the global authority on workplace culture and leader in certifying great employee experiences around the world, today announced the results of its 2021 Global Employee Engagement Benchmark study, a data-led analysis of employee satisfaction around the globe. The study surveyed over 14,000 workers across 37 countries to determine the average employee experience. The study found that only about half of employees worldwide are experiencing a great workplace, with little variation across regions. In the U.S. and Canada, just 53% of employees are reporting a positive experience at work. In Latin America, the highest-scoring region, 60% of employees report a positive employee experience. By comparison, Europe, the lowest-scoring region, saw 52% of employees reporting a positive experience. Source: Great Place to Work® Global Employee Engagement Benchmark study There were also few differences across industries. Hospitality saw the lowest score, with only 49% of employees reporting a positive experience, while all other industries in the study averaged between 54% and 60%. Employees rated their workplaces against 17 statements in Great Place to Work’s confidential Trust Index™ survey. The statements measure factors that contribute to a positive employee experience such as a sense of purpose, innovation opportunities, psychological safety, leadership and fairness. Within these findings, four challenges stood out as most common to workplaces today, with employees citing inequity, lack of meaningful connection, lack of purpose and poor leadership. “These experiences are sadly familiar to many employees,” says Michael C. Bush, CEO of Great Place to Work. “Moreover, they’re hurting companies’ agility, innovation and performance.” The study shows that more than half of workers feel pay and promotions are handled unfairly. As well, 43% said they believe their coworkers don’t care for each other, 35% said they feel they can’t be themselves at work and 45% say their workplaces are not psychologically and emotionally healthy. Roughly half of all employees reported their leaders do not genuinely care for them as people, don’t involve them in decisions and fail to match their actions to their words. And nearly half of all employees said they do not intend to stay with their current workplace, nor are they willing to recommend their employer. By contrast, employee feedback data from companies that are Certified™ by Great Place to Work shows that when workplaces provide positive leadership, a sense of purpose and opportunity for meaningful connections with colleagues, employees’ intent to stay improves by 52%, while their willingness to recommend their employer to others increases by 65%. About Great Place to Work Great Place to Work is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees around the world and used those deep insights to define what makes a great workplace: trust. Great Place to Work helps organizations quantify their culture and produce better business results by creating a high-trust work experience for all employees. Their unparalleled benchmark data is used to recognize Great Place to Work-Certified™ companies and the Best Workplaces in the U.S. and more than 60 countries, including the 100 Best Companies to Work For® and World’s Best list published annually in Fortune. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™. To learn more, visit greatplacetowork.com, visit Great Place to Work’s company culture blog and read “ A Great Place to Work For All. ” Join the community on LinkedIn, Twitter, and Instagram. Contact Details Kim Peters +1 415-844-2574 kpeters@greatplacetowork.com

November 09, 2021 07:00 AM Eastern Standard Time

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NMTC Coalition Urges White House and Congressional Leadership to Make the NMTC Permanent within the Final Federal Appropriations Package, As Passed by the House Budget Committee

New Markets Tax Credit Coalition

Today, the New Markets Tax Credit (NMTC) Coalition, a national membership organization of Community Development Entities (CDEs) and investors organized to advocate on behalf of the NMTC, released a letter signed by 400 community development stakeholders to President Biden, House Speaker Nancy Pelosi, and Senate Majority Leader Chuck Schumer, urging Democratic leadership to include provisions to make the New Markets Tax Credit Program permanent. The Coalition also supports additional NMTC enhancements approved by the House Ways and Means Committee in the budget reconciliation legislation. The Joint Committee on Taxation estimates the ten-year cost of the Ways and Means NMTC provisions at only $2.6 billion over ten years, while those funds will leverage an estimated $85 billion investment in economically distressed rural, urban, and tribal communities. These communities will benefit from improved services, increased private sector investment, and 700,000 new jobs at a federal cost of under $4,000 per job. “We strongly support making the NMTC permanent,” said Yvette Ittu, President of the NMTC Coalition and President of Cleveland Development Advisors. In February, Reps. Terri Sewell (D-AL), Tom Reed (R-NY), Sens. Ben Cardin (D-MD) and Roy Blunt (R-MO) introduced the New Markets Tax Credit (NMTC) Extension Act of 2021. The legislation permanently extends NMTC at $5 billion in annual credit authority, adjusts that amount for inflation in future years and provides an exception from the Alternative Minimum Tax (AMT) for New Markets investments. In December 2020, Congress extended the NMTC for five years, which was the largest extension in the history of the Credit. Throughout its 20-year history, the NMTC has delivered more than $110 billion to rural and urban communities outside the economic mainstream, which has led to financing to more than 6,000 business and projects and over one million jobs. Establishing the NMTC as a permanent part of the tax code will provide certainty and further promote the in getting patient, flexible capital to low-income and marginalized communities, creating jobs, increasing economic opportunity, and improving lives at a time when the economic frailty of our underserved communities has never been more apparent. Established in 2000 in the Community Renewal Tax Relief Act (P.L.106-554), the New Markets Tax Credit is a bipartisan effort to stimulate investment and economic growth in low-income urban neighborhoods and rural communities. Since then, the New Markets Tax Credit has financed more than 6,500 projects and created over one million jobs in all 50 states, the District of Columbia and Puerto Rico. “Following devastating impacts from COVID-19, the New Markets Tax Credit is absolutely vital for many of America’s urban neighborhoods and rural communities and will provide billions of dollars for high-impact, community revitalization projects,” said Bob Rapoza, spokesperson for the NMTC Coalition. “Over the years, the credit has been instrumental in financing plant and equipment for small manufacturing businesses and patient flexible capital to other small businesses, hospitals, healthcare centers, homeless shelters and other transformative projects that improve communities, create jobs and economic opportunity. A permanent extension of NMTC will provide more certainty to private sector investors, which will result in better pricing and more subsidy to hard-to-finance, essential projects.” For examples of how the NMTC is making an impact in each state, see the NMTC Coalition’s newly released report, NMTC at Work in Communities Across America, featuring updated state statistics sheets on NMTC efficacy and more than 80 Tax Credit success stories. About New Markets Tax Credit Program The New Markets Tax Credit (NMTC) was enacted in 2000 in an effort to stimulate private investment and economic growth in low-income urban neighborhoods and rural communities that lack access to the patient capital needed to support and grow businesses, create jobs, and sustain healthy local economies. Since its inception, the NMTC has generated more than one million jobs. Today, due to the NMTC, nearly $110 billion is hard at work in underserved communities in all 50 states, the District of Columbia, and Puerto Rico. For more information, visit www.NMTCCoalition.org Contact Details Bob Rapoza +1 202-498-9921 bob@rapoza.org Company Website https://nmtccoalition.org/

November 08, 2021 02:50 PM Eastern Standard Time

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ALEXANDRA SALAS ELECTED CEO OF THE BUSINESS COUNCIL FOR PEACE (Bpeace)

Bpeace

Alexandra Salas has been elected Chief Executive Officer of the Business Council for Peace (Bpeace), the leading community of high-impact job creators. The announcement was made by outgoing CEO and co-founder, Toni Maloney, who is stepping down after leading the nonprofit for its first 19 years. They have worked together closely over the past year to ensure a smooth transition. TRANSITION FROM WITHIN Ms. Salas has been with Bpeace since 2015, most recently as Chief Program Officer. She engineered the successful pivot of the nonprofit's service delivery during the pandemic from in-person and remote, to remote only. “When economies slow down, resilience and creativity turn up,” said Ms. Salas. “We took collective action with our entrepreneurs, funders, staff and our volunteer experts. As a result, 100% of the businesses we advised survived the pandemic, and 98% of the jobs were preserved.” “Over the past two years Alex has doubled the number of Fast Runners Bpeace advises,” said Ms. Maloney. “As a result, more than 41,000 family members in four countries are supported by 10,500+ Fast Runner employees. Through the strong partnerships she has forged with the Argidius Foundation and USAID, and the continuous improvement she has led for our job creation services Maximizer and Women Forward, Bpeace is on a glide path to doubling the number of families we can impact.” Ms. Salas has 20+ years of private equity and development experience while working in the U.S, Argentina and Brazil, and is a graduate of Lehigh University. Bpeace is a remote-first organization, with a distributed workforce in five countries. Alex is based in the U.S., in North Carolina. STEPPING DOWN, BUT NOT OUT Ms. Maloney remains on the Bpeace Board of Directors and is leading several of the organization’s initiatives, including the global Bpeace Women Forward Roundtable in February. Her legacy is Bpeace’s enduring and proven operating model that creates jobs by helping small and medium-size businesses grow through guidance from volunteer business experts. She drove Bpeace’s unique lexicon, calling the entrepreneurs “Fast Runners” because the organization selects those who are in the best position to create jobs for others; and calling the business volunteers “Skillanthropists” because of the skills and knowledge they generously contribute pro bono. Bpeace has a bench of 400+ Skillanthropist volunteer business experts from companies including ZS Associates, FrontierView, Trusted Media, PwC, IBM, Amazon, Estee Lauder, IPG Health, ExCo Group, Nike and Barclays, as well as independent consultants. Prior to founding Bpeace, Toni led The Maloney Group, a strategic marketing firm. Over her 50-year career, she also held executive positions at American Express and the Ogilvy and McCann-Erickson advertising agencies. She is a graduate of New York University and is based in New York. Bpeace operates in crisis-affected communities to grow small and medium-size businesses, create significant employment for all, and expand the economic power of women. More jobs mean less violence.® The organization is currently providing business advisory services to entrepreneurs in El Salvador, Guatemala, Lebanon and to women-led and minority-owned businesses in the U.S. ********* Contacts: Caroline Basso +1 607.222.5791 cbasso@bpeace.org The Business Council for Peace (Bpeace) is an award-winning nonprofit working in crisis-affected communities to grow small businesses, create significant employment for all, and expand the economic power of women. More jobs mean less violence.® Contact Details Business Council for Peace Joan M. Harper +1 516-342-7240 jharper@bpeace.org Company Website https://www.bpeace.org/

November 05, 2021 08:30 AM Eastern Daylight Time

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National Partnership Action Fund Launches C4 Accountability Campaign Around Women’s Agenda

National Partnership Action Fund

Today, the National Partnership Action Fund announced that it is launching a campaign effort to ensure that the agenda that women and families voted for in the past election is carried out by policy makers. Recent polling has shown that paid family and medical leave is one of, if not the most, popular elements of any plan to help our economy rebuild amidst an ongoing pandemic. Women in particular have borne the brunt of the pandemic, with 3 million leaving the workforce, with one of the core reasons being a lack of ability to take leave to care for themselves and others. Yet the past few weeks have shown that women are still having to fight to be heard in the broader agenda. The Action Fund plans to engage in both grassroots and grasstops outreach in districts to ensure that the public knows who has stood up for their priorities, with elected officials being identified as She-roes or Zeros, to encourage and assist people in calling on their elected officials for action. The Fund will launch with a six-figure coffer with plans to raise additional funds from individuals and organizations who want to see Congress take stronger action for women’s priorities. “This past election women came out in larger numbers to support bold change,” said Lelaine Bigelow, Campaign Director of the National Partnership Action Fund. “We turned out in larger numbers than our male counterparts and we were the backbone of campaigns around the country. Yet we still have a culture that believes that infrastructure is only hard-hat jobs and that caregiving is women’s work and not worth investing in completely. We’re excited to launch this campaign to ensure that our elected officials hear loud and clear that we are watching and that we expect them to hold the line for women and families.” Contact Details Amaya Smith asmith@nationalpartnershipaction.org

November 03, 2021 04:09 PM Eastern Daylight Time

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Lexion Launches Email-First Contract Workflows for Rapid, Easy Adoption

Lexion

Lexion, an AI-powered contract management system, today announced Lexion Workflow, a new module that accelerates the in-house legal contracting process. Lexion’s Workflow spans the entire end-to-end contracting lifecycle from intake, drafts, and negotiation, to approvals and signature. Unlike other contract management systems, stakeholders can work with Lexion’s Workflow entirely via email, eliminating the need for complex configuration and training. “Incredibly easy is our key focus,” said Gaurav Oberoi, co-founder and CEO of Lexion. “In-house legal teams are tired of CLMs that over-promise and under-deliver. The root cause of that frustration is nearly always tied to organization-wide change management requirements and lengthy implementations. After speaking with more than 50 in-house counsel, it was clear to us that the key to unlocking value was to give legal teams an intuitive dashboard to manage intake and tasks, while letting the rest of the company simply email in requests, redlines, approvals, and follow-up questions.” “With Lexion, anyone in our company can simply send an email asking for a contract review, and it turns the request into a task on a dashboard,” said Michael Leman, Deputy General Counsel at Fox Factory (NASDAQ: FOXF). “I can then manage the entire process in one place, while my internal clients can remain in email. Unlike the prior CLM system we used, Lexion has made company-wide adoption painless, and given our legal team tools to clearly communicate status, measure performance KPIs, and accelerate contracting.” According to Gartner, legal departments will increase their technology spend 300 percent by 2025, and yet only realize 30 percent of the potential benefit of their CLM investments because of the complexities of requirements gathering, change management, and user adoption. Lexion is positioned to capture this demand by offering a pragmatic platform that delivers on the promise of speeding up contract review and eliminating legal busywork. Lexion will accomplish this with a focus on ease of use and AI-powered automation as key drivers. “Many of our clients are interested in improving the contracting process,” said David Wang, Chief Innovation Officer at Wilson Sonsini. “However, they are wary of the cost of implementation, and the difficulty of getting the entire organization to adopt elaborate systems. Lexion’s novel, email-centric approach, is a game changer in that it addresses the chief barriers to adoption and dramatically increases the chance that the business will realize the benefits of the system.” With the addition of Workflow to Lexion’s AI-powered Repository, Lexion now offers an end-to-end contract management solution for in-house legal teams that helps them capture key metrics and accelerate deals while using AI and automation to help them scale. About Lexion Lexion is an incredibly easy to use contract management system, powered by AI. We're on a mission to make legal teams highly productive and happy, by accelerating contract review and eliminating busywork through automation and AI. We use best in class natural language processing technologies to make it 100x easier for legal teams to find what’s in their contracts and automatically stay organized. Best of all, Lexion’s email-centric approach, and legacy contract onboarding, makes implementation and adoption easy. We built Lexion at Microsoft co-founder Paul Allen’s artificial intelligence research institute (AI2) and are backed by the same investors that funded OpenAI (Khosla Ventures), helped launch Amazon (Madrona Venture Group), and have advised Google (Wilson Sonsini). With a top notch and experienced team from Microsoft, Facebook, Google, and Amazon, we built a company that CB Insights ranked the #1 most promising AI legal tech startup in the world two years in a row (2020, 2021). Most importantly, fantastic brands trust Lexion to manage their contracts: Outreach, OfferUp, Blue Nile, and many more. Visit https://lexion.ai for more. Contact Details Forrest Carman +1 206-859-3118 forrestc@owenmedia.com Company Website https://lexion.ai/

November 03, 2021 09:00 AM Pacific Daylight Time

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British fintech Nimbla attracts £5.1m investment as embedded insurance takes off

Stockwood Strategy

Fintech business insurance startup Nimbla has today announced a £5.1m funding round led by Silicon Valley venture fund Fin VC with participation from Barclays Bank. The funding comes as Nimbla seeks to scale its operations with increased demand from embedded credit risk solutions through its API with banks and alternative lending platforms. Founded in 2016, the Nimbla platform has given businesses the confidence to trade with a peace of mind using invoice insurance with quotes provided within seconds. Their proprietary digital automated credit risk platform is able to process requests immediately and provide real time quotes. Nimbla has processed over 67m invoices worth £2.5b. During the pandemic, volumes of invoices tripled as economic uncertainty and supply chain concerns increased and Nimbla continued writing new business. Flemming Bengtsen, CEO at Nimbla commented: “We have been growing steadily over the past few years, ramping up our technology and team to better understand businesses, the nature of B2B debt and to make faster decisions to serve our growing customer base. 2020 was a seminal year for Nimbla, at a time of global crisis, we were there for businesses enabling them to trade with a peace of mind and giving them confidence to carry on. This funding round will enable us to expand our platform, grow the team as we enable a confident and trusted trading environment for businesses across the UK and beyond”. Nimbla has worked directly with businesses and brokers to provide invoice insurance cover and more recently has launched a new API for Banks, fintech lenders and B2B platforms to enable more business to access the service. Nimbla partnered with Barclays Bank in 2020 to give their one million small business customers the ability to take out insurance against individual invoices, rather than the whole book. “We have built a powerful and robust credit risk model, automated large parts of the process and have now launched a new API to enable others to embed seamless credit risk solutions into their platforms” added Flemming Bengtsen. On investing in funding round Henry Cashin, Head of EMEA at Fin VC, commented: “Nimbla is giving businesses the confidence to trade again. They have a proven credit risk model and its tech is being adopted by top tier banks and a host of lending platforms. We believe this will scale their reach and help more businesses benefit long term”. Looking ahead, Flemming Bengtsen commented: “UK companies have added £1.9tn debt in 2020 to their balance sheets, taking the total amount outstanding to over £6.6tn. This number was inflated by the various government loan schemes. Over half of them are carrying ‘toxic debts’ which carries enormous risk for their trade creditors, there is a huge opportunity and responsibility for Nimbla to give companies a peace of mind and insure their invoices against insolvencies”. About Nimbla Nimbla makes sure businesses get paid for their hard work, even if a customer becomes insolvent. Founded in 2016, the company is on a mission to give SMEs the confidence to trade with a peace of mind using invoice insurance. Nimbla’s digital insurance platform backed by expert risk analysts, allows businesses to check a buyer’s ability to pay and insure individual invoices against non-payment in a fast and affordable way. This will enable business owners to safeguard against insolvent customers, expand into new and existing markets and secure better borrowing terms. The platform can be accessed directly (www.nimbla.com) and through partnerships with Barclays and insurance brokers. Based in London, Nimbla aims to bring the trade credit industry into the 21st century. Challenging traditional insurance models, the cover is flexible and adapts to fit your business — whether it’s a one-off invoice or multiple transactions. Contact Details Nimbla Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.nimbla.com/

November 03, 2021 08:00 AM Eastern Daylight Time

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SMEs “keep calm and carry on” despite rising costs from suppliers

Stockwood Strategy

Supply chain issues and increasing costs have impacted SMEs countrywide and yet they seem to be handling it in their usual resilient stride. Fintech business lender MarketFinance asked 1,000 SME owners 1 across the UK how they are managing rising supplier prices, what measures they have put in place and sought their long term outlook on the increasing costs of doing business. Supplier costs Four out of five (79%) SMEs have faced increased prices from suppliers over the past 6 months. An increase of cost of raw materials was the top ranked rationale for price increases by suppliers, most keenly felt by businesses in the north west of England (85%). This was followed by staff shortages, the ongoing impact of the pandemic slowdown and supply chain disruptions owing to a shortage of truck drivers. Across the UK, a quarter of SMEs reported supplier prices have almost doubled over the past 6 months. Impact A third of SMEs (32%) have been able to absorb the increased costs without passing them on to customers, suggesting that these businesses have the necessary cash reserves to handle the impact. Only a fifth (21%) are passing a portion of the increased costs onto customers. Businesses in the south west of England and Northern Ireland are least likely to absorb the costs while businesses in the north west and Yorkshire are the most likely to do so. Their customers are proving to be equally understanding of the wider supply chain situation with only a fifth (20%) challenging business owners about the price rises. Outlook Looking ahead to the festive season, SMEs feel they will be able to manage the situation but some could increase prices if the pressure gets too much. Two fifths reported they could increase their prices by as much as 10% in the run up to Christmas. Longer term, three quarters (73%) of SMEs are already preparing for the current higher prices to be the norm until at least the end of 2022. A third of SMEs (34%) have taken out loans or are using other finance facilities to manage the increased cost of doing business. Anil Stocker, CEO at MarketFinance, commented: “ The current economic environment with rising costs is presenting some headwinds and headaches for SME owners but they are proving to be as resilient as ever. The vast majority have been thinking ahead and accounted for the longer term scenario, which will hold them in good stead to do business. It’s great to see that SME owners are taking the long view and preserving their customer relationships and managing suppliers by having a finance facility in place to deal with the overhead for now. The British Business Bank announced last week that it will extend its Recovery Loan Scheme to June 2022. This extension will give SMEs easier access to more affordable finance they need to continue running and growing operations in the face of ongoing challenges such as staff shortages and supplier price increases.” 1 Research findings based on a survey of 1,000 UK companies (who are employers with a minimum turnover of £100,000) conducted for MarketFinance in October 2021 by LMRMC Research (a Market Research Society approved partner and ESOMAR corporate member). About MarketFinance MarketFinance is a fintech business lender which believes that SMEs are building the world. By making finance frictionless, they’re solving the cash flow issues getting in the way of progress. MarketFinance uses smart technology to deliver better access to faster, more affordable finance; with one-to-one help whenever businesses need it. Since 2011, MarketFinance has advanced over £2.6 billion worth of invoices and loans, enabling thousands of UK businesses to bridge today’s funding gaps and fuel tomorrow’s big ambitions. MarketFinance is an accredited Recover Loan Scheme lender and has a wide-reaching network of strategic partners including Barclays Bank UK PLC, Tide, Equals Group and Ebury. MarketFinance is backed by Barclays Bank UK PLC, Mouro Capital, Paul Forster (co-founder of Indeed.com) European venture capital fund Northzone (invested in Klarna, iZettle and Trustpilot), Viola Capital and private equity group MCI Capital (also invested in iZettle, Azimo and Gett). Contact Details MarketFinance Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://marketfinance.com/

November 02, 2021 10:00 AM Eastern Daylight Time

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Top Global Audit Executive David Krestin Joins Treliant as Senior Advisor

Treliant

David Krestin has joined Treliant as Senior Advisor. He is an experienced financial services audit and risk professional who has held executive leadership positions with global investment and commercial banking institutions. David has an extensive history working with capital markets, wealth management, and wholesale banking products and interfacing with governing bodies in both domestic and international jurisdictions. His expertise stems from over 35 years in senior Global Product Specialist and Regional Head Audit roles at JP Morgan, Barclays Capital, and Société Générale; then as Deputy Chief Auditor at the Bank of New York; Chief Auditor at the Bank of Tokyo Mitsubishi, Americas; and General Auditor of its holding company, Mitsubishi UFJ Financial Group. Since 2016 David has provided independent risk advisory services to financial firms focused on enterprise risk management and strategy for governance, risk, and compliance (GRC). For the last three years he also sat on the U.S. Board and Audit Committee of Sumitomo Mitsui Financial Group, where he is now Senior Advisor to the Board. “David’s extraordinary track record puts him in the upper echelon of global audit and risk professionals,” says Treliant Managing Partner Ross Marrazzo. “Our clients will gain great insight from him to prosper amid the challenges of today’s financial services market.” “Success in global banking takes the right mix of mission-critical technical, business, and regulatory strategy combined with robust process, risk, and control frameworks,” says David. “I look forward to working with Treliant’s diverse team of experts to help clients elaborate strategies that deliver outstanding results.” As a seasoned executive and trusted advisor David is known for his strategic and practical advice, delivering solutions and driving transformations within financial firms on key risk management, governance, and internal control challenges including: establishing start-up products and functions; responding to regulatory enforcement actions; implementing structural improvements to business, organizational, and control frameworks; and enhancing corporate profiles with regulators and governing bodies. Over his career he has pioneered leading audit and operational risk professional practices; directed significant forensic audits and financial conduct investigations; developed third-line strategies; and prepared firms for major changes to banking regulations including the Sarbanes-Oxley Act (financial disclosures and investor protection), Dodd-Frank Act (Wall Street reform and consumer protection), BSA/US PATRIOT Act/OFAC (bank secrecy and anti-money laundering), and Foreign Corrupt Practices Act (bribery and corruption). David is a Certified Public Accountant, holds a Certificate in Risk Management Assurance (CRMA), and is a certified Member of the U.K. Chartered Institute of Internal Auditors (MIIA). Treliant is a multi-industry consulting firm that serves organizations around the globe. Our firm serves financial institutions, consumer-oriented businesses, other corporations, and law firms. As a firm of leading professionals from industry and government, we assist our clients in navigating regulatory requirements and on best practices, while meeting strategic and operational objectives. We partner with clients as trusted advisors and via managed services including through secondments, interim resources, and other outsourcing strategies. Our advisory and assurance services and specialized, high-quality business solutions strengthen our clients’ corporate and regulatory compliance programs, risk management, and business performance. We also provide comprehensive support for corporate and regulatory investigations, litigation, and as government agency monitors and independent consultants. We serve companies from Main Street to Wall Street and across the globe. Contact Details Melissa Pazornik +1 202-249-7932 mpazornik@treliant.com Company Website https://www.treliant.com

November 02, 2021 09:45 AM Eastern Daylight Time

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Recording Artist Guild (RAG) Selects BEASY to Empower and Enable Musicians for the Metaverse

Beasy, LLC

Blockchain Made Easy, LLC (dba BEASY) and Recording Artist Guild (RAG.ORG) announced today that RAG.ORG and Lookhu.com have signed a multi-year enterprise licensing agreement with BEASY to deliver the utility of blockchain to RAG’s more than 20,000 members. “We’ve sought tirelessly to understand and deliver the benefits of blockchain to our members for years and although we succeeded in some ways, we lacked consistency and the ability to scale.” said Byron Booker, Chairman and Founder of RAG. “We’ve been talking with everyone who’s anyone at the intersection of blockchain and entertainment, and while solutions have advanced, BEASY stands out as our winner. BEASY’s solution puts enterprise grade software and the power to legally trade and enforce ownership in the hands of the artist. It’s easy to use, works with all our systems, supports NFT transactions on credit cards and allows us to do so within our brand identity,” he added. “We’re incredibly grateful and excited to be working with RAG. We started building BEASY three years ago for organizations just like RAG to help their communities realize their dreams. And now our dream is coming true as well.” said Bob Kramich, Founder and CEO of BEASY. For RAG creators or sellers, BEASY provides a complete metaverse identity management solution in one simple package through which they can: Mint, rarify and sell their own digital assets on any NFT marketplace, or directly from their web sites. Accept credit cards as a payment method for NFTs. Smarten, manage and control song contracts including fractional ownership splits. Easily onboard friends as fans which expands their serviceable obtainable market and prepares fans to participate in upcoming NFT drops. Establish and manage their official Sovereign Digital Identities including their digital name, official credentials and accomplishments. Manage their Official Partner Network. Maintain the true state of receivables owed and paid across multiple contracts and multiple mediums, no matter how many or how fractional the ownership or micro payment due. Customize, scale and continuously improve using enterprise-grade BaaS software. Rapidly team with a variety of business partners and sell and go to market. For buyers and fans, BEASY makes it possible to participate in the digital asset economy without using cryptocurrencies. As most NFT sites require buyers to use cryptocurrencies, the BEASY Wallet allows RAG fans to buy NFTs using credit cards. The buyer benefits from ease of use and the creator benefits from the expansion of their serviceable obtainable market (SOM). At its highest level, BEASY mainstreams the adoption of blockchain to improve the economic situation of individuals, businesses and communities. “BEASY is not a blockchain game and BEASY is not an NFT marketplace,” explains Kramich. “BEASY is Blockchain-as-a-Service software that is easy to install and use and acts as a combined personal notary and digital asset control center. With BEASY, influencers and creators can participate in multiple blockchain-based games and sell NFTs on any NFT marketplace while preserving the true state of how much is owned and owed across all mediums - no matter how fractional the ownership or how micro the payment. What’s more is that sellers, while operating in main blockchain networks, can do so without forcing themselves or their clients to ever purchase cryptocurrencies. We allow people to use the assets and the networks without forcing them to use the underlying cryptocurrency. Our aim is to do this to any Dapp and any network, to bring crypto-based solutions to the next billion users.” # # # About BEASY Blockchain Made Easy ™️, LLC is a Massachusetts-based technology and professional services company empowering retail and business customers with the ability to deploy customized blockchain-based strategies through easy-to-use blockchain software products. The company’s core product, BEASY Authentication ™️, is a multi-blockchain platform and associated wallet solution allowing users to seamlessly create, sell, and track digital goods in addition to a broad range of other applications such as digital identity management, fractional and whole digital asset ownership, royalties management, contract-to-smart contract management and more. BEASY does this without requiring owning or managing any cryptocurrency on major compatible blockchain networks such as Ethereum, Matic and more. BEASY is committed to making blockchain adoption easy. For more information, go to www.BEASY1.com About RAG.ORG Recording Artists Guild (RAG), a non-profit focused on empowering recording artists since 2009 provides its thousands of members with tools, resources, and technology to help monetize their skills and IP while bringing them exposure and a platform to make their voices heard. About Lookhu Lookhu ( www.lookhu.com ) is a cord-cutter’s dream, delivering unlimited streaming TV channels, exclusive series, and live events worldwide. Lookhu offers influencer driven a la carte channels within specific genres including MMA, Comedy, Spanish, Faith, and more for free, subscription and or on-demand. About Talynt Talynt is an NFT marketplace that focuses on providing a robust marketplace for creators offering Phygital NFTs with live events. Talynt offers exclusive NFT collections from notable celebrities and limited campaigns from TokenOfRespect.com, ApeRockStars.com, CryptoRoadies.com, NFTV.life and more Media Relations Contacts: BEASY, LLC. Contact: David Kaupp SVP, Head of Marketing info@beasy1.com Twitter: https://twitter.com/BeasyInc LinkedIn: https://www.linkedin.com/company/beasy-blockchain-made-easy-llc/ Instagram: https://www.instagram.com/beasy1859/ RAG and Lookhu Contact: Melissa Jones press@lookhu.com Contact: Mellissa Jones press@rag.org Instagram: https://www.instagram.com/ragworld/ Facebook: https://www.facebook.com/RAGWORLD/ Twitter: https://twitter.com/RAGWORLD Blockchain Made Easy, LLC is a Massachusetts-based technology and professional services company empowering retail and business customers with the ability to deploy customized blockchain-based strategies through easy-to-use blockchain software products. The company's core product, BEASY Authentication, is a multi-blockchain platform and associated wallet solution allowing users to seamlessly create, sell, and track digital goods in addition to a broad range of other applications such as digital identity management, fractional and whole digital asset ownership, royalties management, contract-to-smart contract management and more. BEASY does this without requiring owning or managing any cryptocurrency on major compatible blockchain networks such as Ethereum, Matic and more. BEASY is committed to making blockchain adoption easy. For more information, go to www.BEASY1.com Contact Details BEASY, LLC David Kaupp +1 978-360-6698 info@beasy1.com RAG and Lookhu Melissa Jones press@rag.org Company Website https://www.beasy1.com

November 01, 2021 04:07 PM Eastern Daylight Time

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