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

SafeBox Innovates the Future of Cryptocurrency Security and Lifestyle Integration

King Newswire

( King NewsWire ) - In the ever-evolving landscape of cryptocurrencies, SafeBox emerges as a pioneer, placing security and autonomy at the forefront of its mission. Today, we had the privilege of engaging with Mr. Andy, a distinguished figure in IT programming and Web3 development, who shared insights into the crucial role of security in managing digital assets. In an exclusive interview, Mr. Andy highlighted the pivotal role of security in the realm of cryptocurrencies. With the increasing prominence of blockchain technology, the need for a secure solution has never been more apparent. Mr. Andy emphasized that a secure approach is not just a preference but a necessity, fostering trust in the ecosystem and empowering individuals to confidently engage with their digital wealth. Mr. Andy elaborated on the advantages of a solution that places a strong emphasis on safeguarding users' assets. A security-centric platform offers users peace of mind, knowing their assets are fortified by robust security measures. The user-friendly interface enhances the overall experience, making crypto management accessible to all. By implementing stringent security measures such as Google authenticator, SafeBox ensures the invulnerability of the platform to hacking attempts, boosting user confidence and establishing the platform as a safe custodial wallet. Mr. Andy outlined the distinctive features of SafeBox, proud to be distinguished by its comprehensive license and an exceptional team of industry elites from various countries. With a global perspective, the platform requires Google authenticator for access, ensuring only authorized users engage with the platform. Mr. Andy emphasized that SafeBox goes above and beyond to uphold its commitment to security, making users' assets nearly impossible to be hacked. One of SafeBox's exceptional projects, EtherKey, was introduced as a venture that merges blockchain technology with enhancing lifestyle experiences for its members. EtherKey focuses on providing not just secure storage for digital assets but also opportunities for users to elevate their leisure and lifestyle encounters. Members can use Ekey as a payment method with select travel companies, combining the convenience of blockchain technology with real-world experiences tailored around users' desires. Looking ahead, Mr. Andy shared exciting developments on the horizon for EtherKey and its users. The project is set to redefine leisure and lifestyle, collaborating with renowned travel companies to enable Ekey as a payment method. Members can enjoy travel packages for themselves and their loved ones while also earning free Ekey, akin to earning miles with airlines. Additionally, Mr. Andy revealed that in November 2023, one of EtherKey's tokens will be listed on a top 20 centralized exchange platform worldwide, highlighting SafeBox's commitment to providing tangible value and growth opportunities for its users. Get ready for an exhilarating leap into the future of trading with EtherKEY's upcoming release: Quantum AI Futures! As a trailblazing blockchain wallet platform, EtherKEY is excited to unveil this groundbreaking trading robot, set to redefine your trading experience. Quantum AI Futures, an innovative AI armed with cutting-edge quantitative trading technology, not only boasts exceptional search capabilities but also connects seamlessly to major exchanges like Binance, Huobi, OKX, Gate.io, BingX, KuCoin, allowing you to trade simultaneously on multiple platforms for unparalleled efficiency. With lightning-fast execution in milliseconds, this robot ensures swift responses to market fluctuations, capturing opportunities at the speed of innovation. Don't miss the chance to be part of this revolutionary journey, where your trading potential is amplified with each passing moment. Quantum Ai Futures: Unleash trading profits across major exchanges, all within milliseconds – arriving soon in 2024 Q2! SafeBox continues to lead the charge in the cryptocurrency industry, innovating not only in security but also in creating unique, real-world experiences for its users through projects like EtherKey. Contact Details Safebox Alan Yeoh support@safeboxwallet.com Company Website https://safeboxwallet.com/

November 15, 2023 03:57 AM Eastern Standard Time

Image
Article thumbnail News Release

Shiba Inu’s Price Trajectory: Evaluating the Recovery Prospects Against Rebel Satoshi

RoundHouse Media

The crypto market has rebounded impressively in Q4 2023. As a result, novice investors are increasingly asking whether top altcoins like Shiba Inu (SHIB) will continue performing bullishly. Meanwhile, Rebel Satoshi ( $RBLZ ), a new meme coin, is stealing the limelight from popular tokens after promising to generate a 150% ROI during its public presale. Why is Shiba Inu losing investors to emerging tokens like Rebel Satoshi? Continue reading to discover! Shiba Inu Gains 2% In a Week: What’s The Future Outlook? Shiba Inu has performed decently over the past seven days, starting November 2. On November 2, SHIB was trading around $0.000007861. SHIB surged marginally until the Shiba Inu team announced that Shibarium would spread decision-making across the community as part of its 2024/2025 roadmap on November 6. As a result, Shiba Inu surged as high as $0.000008696 on November 9. However, news of a whale transferring 4 trillion SHIB saw the price correct downward to stabilize around $0.000008090. This November 9 price means SHIB has only gained 2.98% in a week. So, based on this performance, is SHIB a good crypto to buy? According to analysts, SHIB will continue plunging in November as the selling force from the whale activity intensifies. To be specific, experts set the end-of-November SHIB prediction at $0.000007617. However, the end-of-2023 SHIB forecast is bullish, with experts predicting SHIB will soar as high as $0.000010779. This forecast makes SHIB one of the best coins to invest in. Analysts peg this prediction on SHIB getting more adoption as more investors embrace it because of its 2024/2025 roadmap. Visit Rebel Satoshi Presale Website Rebel Satoshi Challenges Top Meme Coins After Promising a 150% Presale Jump! Rebel Satoshi, a new meme coin that aims to challenge the status quo in the crypto industry, has witnessed a steady flow of investors into its public presale. The Rebel Satoshi project aims to topple centralized organizations and usher in a new era of decentralization by banding together Recusants, anyone who refuses to accept or obey without question. In the center of the Rebel Satoshi ecosystem is $RBLZ. $RBLZ is the governance and membership token of the Rebel Satoshi ecosystem. With a supply cap of 250 million tokens and a deflationary mechanism, $RBLZ positions itself as the best cryptocurrency to buy now! Moreover, $RBLZ investors will get access to 9,999 NFTs that symbolize Rebel Satoshi ’s story of unity, courage, and defiance against oppressive rules. On top of this, investors can stake $RBLZ to get staking rewards, explaining why Rebel Satoshi has left investors buzzing about its presale. By November, Rebel Satoshi had initiated the Early Bird Round of its public presale, with $RBLZ going for $0.010. $RBLZ is set to surge to $0.013 when it enters the next round, dubbed Rebel. Furthermore, investors in the Early Bird Round will see their $RBLZ holdings surge 150% once Rebel Satoshi completes its presale at the projected price of $0.025. For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram Please note that the Discord and Telegram communities are for Recusants and $RBLZ holders only. Contact Details Rebel Red marketing@rebelsatoshi.com

November 14, 2023 12:00 PM Eastern Standard Time

Article thumbnail News Release

Bacula Announces Version 18 of its Backup and Recovery Software for HPC and Large Enterprises

Bacula Systems

Expanding its leadership in high security, high performance backup and recovery for HPC, Super Computing and other demanding IT environments, Bacula Systems today announced a broad range of new performance capabilities and features in the latest version of its backup and recovery software. Some of these new features further build on Bacula’s already leading security qualities, others expand on Bacula’s ability to achieve a complete technology fit with even the most complex IT environments. Of the many new features in this major release, one is BGuardian, in the area of added security. BGuardian further compliments Bacula’s already especially strong security qualities. It has innovative new security tools such as data poisoning detection, centralized encryption and an all-new cybersecurity dashboard for single-pane security control across an entire organization. Bacula’s economic, modular architecture is due in part to a wide choice of technology-specific modules. Its wide and flexible fit into complex environments grows even further with the introduction of Version 18’s new modules: OpenStack Module Amazon EC2 Module Hyper-V WinAPI Module Exchange EWS Module Bacula Enterprise Version 18 also introduces state-of-the-art upgrades to Bacula’s previously available Kubernetes, VMware and Oracle backup modules and expands its wide range of storage immutability capabilities. Version 18 delivers an increase in Bacula’s multi-tenancy feature-set and also includes a wide range of new automation features. “ Organizations using complex and high performance IT environments need more automation, much higher security and to drive costs down”. Bacula is uniquely equipped to upgrade the backup and recovery strategy of large organizations and to ensure they avoid capacity-based licensing of backup software, to streamline their IT spending” said Frank Barker, CEO of Bacula Systems. “ Bacula’s highly scalable architecture complements its non-capacity-based licensing to offer enormous savings to users. At the same time, it brings entire, complex IT environments into the safe-harbour of BGuardian; Bacula's advanced security technology for unprecedented protection against ransomware and data poisoning. Our military, government, Research, ISV, and HPC customers have chosen Bacula for its extraordinary security levels, its cloud-agnostic approach and its compatibility with a vast range of different storage media" said Jorge Gea, CTO, Bacula Systems. Bacula Systems customers include NASA, Navisite, Texas A&M University, Sky PLC, Warner Bros. Discovery, Locaweb and many more. About Bacula Systems: Bacula Enterprise Edition is a highly scalable backup and recovery software for large organizations, data centers and MSPs. www.baculasystems.com Contact Details Rob Morrison rob.morrison@baculasystems.com +41 21 641 60 80 rob.morrison@baculasystems.com Company Website https://www.baculasystems.com/

November 14, 2023 10:07 AM Eastern Standard Time

Article thumbnail News Release

Minuteman Press Franchise Owner Sherri Winslow Reflects on Over 20 Years in Palm Desert, CA and Joins President’s Club

Minuteman Press International Inc

Sherri Winslow is the owner of the Minuteman Press franchise in Palm Desert, CA since April of 2002. When her husband suddenly passed away in 2012, Sherri made the difficult decision to carry on as she took a more prominent role in the business as the sole owner and operator. Since then, Sherri has continued to build her business and in 2023 she was honored and acknowledged as one of the newest members of the Minuteman Press President’s Club. As she reflects on her accomplishments, Sherri shares her thoughts on 20-plus years and joining the President’s Club, keys to success and longevity, advice to others, and more. Celebrating 20 Years + Joining Minuteman Press President’s Club In 2022, Sherri celebrated 20 years of business ownership for Minuteman Press in Palm Desert. Today, in 2023, Sherri is now recognized as a member of the Minuteman Press International President’s Club for achieving yearly gross sales of over $1 million in 2022. Sherri shares, “Reflecting on our 20 years in business makes me realize that we were fortunate to partner with a good franchisor. Very few small businesses were able to make it through this period without a strong management and operational program to follow. That along with proper training and support from people that have been in the print business have made a huge impact. We will always be thankful for this.” She continues, “In 2023, I was proud to join the Minuteman Press International President’s Club. We have had fairly steady growth over the past 20 years. We started out making $19,000 in our first month after buying an existing business. In 2012, I lost my husband and I personally went from part-time to being the boss. My staff and Minuteman Press local support led by RVP Dan Byers helped me through one of the most difficult times in my life. It was a very foggy year but we made it. In the past few years, we were getting close to the $1 million milestone and we set that as our goal last year. My staff and I worked very hard to make sure we reached that goal. A lot of hard work and determination helped us get there.” When asked about her keys to success and growth, Sherri says, “Our longevity and success is primarily due to our staff and customer service. We have had many referrals through the years without asking. Now that we have been through the last training session, we plan to start asking for referrals through different channels. Other contributing factors to our success are related to our direct & internet marketing along with expanding our services & products over the years. We added wide format in the beginning, then signage, direct mail, and blueprints.” Sherri continues, “There are two other areas worth mentioning that I feel have been successful for us. The first has to do with Google Reviews, which has been a point of focus at regional meetings. At one meeting before the pandemic hit, there were around 50 people in attendance from many franchises in Southern California. We talked about how important Google Reviews are. We shared materials used to get reviews and it really blossomed here. I get a lot of new customers because they did a search and noticed how many good reviews we have.” She further shares, “Next is having good storefront and building signage. My shop is on the main highway that people travel from one end of the valley to the other. You can’t miss my shop because we went big and bold with the signage. I would do more, but the local laws don’t allow it. People always tell me they find me from our signage.” Printing Industry & Community/Franchise Support Sherri shares her insights on the printing industry today, saying, “Printing remains vital to businesses today because it provides a connection that stays with the consumer as opposed to the internet or email. Your printed materials end up in someone’s hand, which can make that lasting impression. How many people swipe left or delete emails without reading them? They will always take the time to look at a business card, postcard or holiday card that they receive.” In Palm Desert, Sherry says, “We are a small set of cities that hold large events and conventions. This brings an increase to our population that is about triple the amount during certain months of the year. Thanks to our community, our key growth areas have included signage, blueprints, convention printing and direct mail.” She adds, “We would not be where we are today without the local franchise support, training and the IT department that Minuteman Press International provides. We owe a lot of our success to this.” Rewards & Advice for Others As she looks back on over 20 years and reflects on the rewards of owning a business, Sherri says, “I would say my biggest personal reward is that I have been able to achieve everything that I have wanted to in my life. I can’t really ask for more personally except for time. My biggest professional reward has been reaching that $1 million goal and making the Minuteman Press President’s Club.” As for what advice she would give to others, Sherri shares, “Make sure you are active with the quote process and follow-up. Understand the difference between shoppers (who are getting 3 quotes from various vendors) and buyers. I recommend you give the customer a day to digest the quote they received, then follow up and make sure you answer their questions. Lastly, make sure you let them know you want to meet their price point or their budget constraints if you do… Again, the difference between a shopper and a buyer will make the difference on whether you will want to meet their budget constraints.” Minuteman Press in Palm Desert is located at 73-660 Highway 111, Palm Desert, CA 92260. For more information, visit their website: https://minuteman.com/us/locations/ca/palm-desert/ Learn more about #1 rated Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at https://minutemanpressfranchise.com Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

November 14, 2023 10:00 AM Eastern Standard Time

Image
Article thumbnail News Release

ToolsGroup Positioned as the Leader in the SPARK Matrix for Retail Forecasting and Replenishment by Quadrant Knowledge Solutions

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named the technology leader in the SPARK Matrix ™ analysis of Retail Forecasting and Replenishment (RF&R) by Quadrant Knowledge Solutions (QKS). The Quadrant Knowledge Solutions SPARK Matrix: Retail Forecasting & Replenishment (RF&R), Q4, 2023 includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the leading Retail Forecasting and Replenishment (RF&R) vendors in the form of its SPARK Matrix. It gives users strategic information to evaluate vendor capabilities, competitive differentiation, and market position. According to Avinash Singh, the Analyst at Quadrant Knowledge Solutions who researched ToolsGroup and its dynamic JustEnough retail solution, “ToolsGroup has been placed as the leader in the SPARK Matrix: Retail Forecasting and Replenishment owing to its comprehensive and innovative RF&R solutions, a compelling vision and roadmap, an extensive RF&R vendor ecosystem, year-on-year growth, and comprehensive product offerings with in-depth domain experience.” This announcement comes on the heels of other recent and exciting developments in the ToolsGroup ecosystem since its acquisition of JustEnough, with the company being named a leader in the SPARK Matrix for Inventory Optimization and bolstering its retail and supply chain solutions by acquiring Evo, a provider of responsive artificial intelligence solutions. According to Sahil Gupta, Chief Product Officer, “Our intense focus on marketplace trends, customer needs, and advancements in the use of AI have enabled us to enhance the already powerful JustEnough solution. By combining real-time planning and execution capabilities with AI, we are furthering our vision to help organizations navigate the supply chain with the ability to sense and respond to changes in customers’ needs in real time and automate the optimal distribution of inventory.” “ToolsGroup is thrilled to be recognized as the leader in retail forecasting and replenishment by QKS,” said ToolsGroup CEO, Inna Kuznetsova. “Our customer-centric focus keeps us at the vanguard of innovation and helps us provide the software advancements and next-generation AI our customers rely on to achieve real-world KPIs. We are dedicated to continuing these endeavors and delivering enhanced business performance to retail organizations worldwide.” Download the report and read more about ToolsGroup’s industry accolades HERE. About Quadrant Knowledge Solutions Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients as the strategic knowledge partner in achieving business transformation goals with Strategic Business and Growth Advisory Services. Quadrant’s research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments. For more available research, visit: https://quadrant-solutions.com/market-research/ About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details MKPR Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Quadrant Knowledge Solutions Mr. Ajinkya Ingle +1 978-605-1066 ajinkya@quadrant-solutions.com Company Website https://www.toolsgroup.com

November 14, 2023 09:30 AM Eastern Standard Time

Image
Article thumbnail News Release

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

Benzinga

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

November 14, 2023 09:30 AM Eastern Standard Time

Article thumbnail News Release

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

Benzinga

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

November 14, 2023 09:25 AM Eastern Standard Time

Article thumbnail News Release

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

CoverSelf

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

November 14, 2023 09:00 AM Eastern Standard Time

Image
Article thumbnail News Release

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

Claravine

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

November 14, 2023 09:00 AM Eastern Standard Time

1 ... 99100101102103 ... 561