News Hub | News Direct

All Industries


Article thumbnail News Release

Vinanz Ltd. Expands Bitcoin Mining Operations in North America

Vinanz Ltd

Vinanz Limited Executive Chairman David Lenigas joined Steve Darling from Proactive at our OTC studio in New York City to discuss the company's recent developments. Vinanz is a London-based Bitcoin mining company with a dual listing on the OTCQB. Lenigas outlined Vinanz's strategic positioning primarily in North America, with operations in Nebraska and Labrador, Canada. The company recently obtained DTC eligibility, which enhances its market presence, particularly in the U.S., and supports its market capitalization and growth objectives. Lenigas highlighted Vinanz's focus on expanding its North American operations by adding clusters of 250 to 500 Bitcoin miners across various states and provinces. Despite the typical reduction in Bitcoin production during a recent 'halving' event, Vinanz experienced an initial increase in production in Canada, which Lenigas attributed to overclocking older machines to enhance performance by 15-20%. Although this anomaly was short-lived, production stabilized at a higher-than-expected rate, reflecting the company's commitment to leveraging innovative technologies and maintaining competitive electricity costs. Looking ahead, Vinanz plans to significantly expand and install new mining equipment to enhance efficiency and productivity. The company remains committed to its strategic growth trajectory and aims to capitalize on emerging opportunities in the Bitcoin mining sector. Contact Details Proactive North America Proactive North America +1 604-688-8165 na-editorial@proactiveinvestors.com

April 29, 2024 10:57 AM Eastern Daylight Time

Video
Article thumbnail News Release

PawFury’s Presale Success Continues with $1.9 Million Raised, Projected to Transform Crypto Investments

Paw Fury

PawFury is swiftly emerging as a key player in the cryptocurrency market with nearly $1.925 million raised in its rapidly selling presale. This milestone underscores the burgeoning confidence among investors and highlights PawFury’s potential to redefine the blockchain landscape. With its innovative technology and a burgeoning community of over 30,000 members, PawFury is not just another crypto project. It is a movement set to dominate the market. Rumors of upcoming strategic partnerships promise to further bolster its robust ecosystem, making it an attractive option for investors looking for substantial growth. The presale success of PawFury highlights its potential and investor confidence. With an ongoing buy bonus and a promotional code available for early investors, PawFury is making a compelling case for those looking to diversify their crypto portfolio. The presale phase offers a unique chance to get in early on what many believe could be a transformative force in the crypto market. For investors keen on diversifying their portfolios and tapping into new growth opportunities, PawFury (PAW) presents a golden opportunity. Follow PawFury on Social Media: Twitter | Website Contact Details PawFury Jonathan L info@pawfury.com Company Website https://pawfury.com

April 29, 2024 10:51 AM Eastern Daylight Time

Image
Article thumbnail News Release

Adro and Funds Validator join forces to improve international student mobility, access to financial services

Adro

Adro, a New York-based technology company enabling access to checking, savings and credit for international students and workers announced today a strategic partnership with Funds Validator, a leader in funds verification. Funds Validator helps authenticate the bank details of international students and their sponsors to provide accurate and secure confirmation of their financial capacity, allowing universities and other stakeholders to make more informed decisions. “We know Funds Validator is deeply aligned with Adro’s mission to make settling in the U.S. easier for internationals,” said Amarildo Gjondrekaj, CEO and Co-founder at Adro. “Given we work closely with our university partners to provide a financial on-ramp for their students, it just made sense to join forces.” “Funds Validator focuses on the earlier aspects of an international student’s journey, when every applicant must comply with the host government regulations to prove financial capacity,” said Cheryl Darrup-Boychuck, CEO at Funds Validator. “We’re excited to partner with Adro, given their experience in streamlining student access to those funds – especially during their transition from their home country to the U.S. By minimizing obstacles to student mobility, we help ensure internationals will thrive in their next chapter.” As Adro gears up to launch this summer, their account waitlist is now live at www.joinadro.com. Universities interested in learning more about partnering with Adro for the upcoming 2024-2025 academic year can visit www.joinadro.com/university. -- About Adro Adro is a technology company helping internationals unblock access to financial services so they can live like a local. Based in New York, Adro has raised a $1.5M pre-seed and is backed by investors who deeply believe in equal access and opportunity for newcomers arriving in the U.S. Adro was selected to join the 2024 Hudson Valley Venture Hub Accelerator at SUNY New Paltz. Adro is a graduate of Westchester County’s Element 46 Tech Accelerator and a member of CELA Innovation. To learn more, visit www.joinadro.com. About Funds Validator Funds Validator empowers visa applicants and their financial sponsors to point their genuine online banking data to the authority who requests it. By serving as a conduit for authentic bank-generated account details, FundsV improves the efficiency and integrity of the due diligence phase in the international student admissions journey. FundsV’s robust platform integrates with a deep network of financial institutions, using industry-leading data security and privacy practices. Funds Validator may be used as a standalone tool, or integrated within approved customer relationship management platforms. Contact cheryl@FundsValidator.com to learn more. Contact Details Adro Kat Wong Too Yen, Director of Marketing kat@joinadro.com

April 29, 2024 10:10 AM Eastern Daylight Time

Article thumbnail News Release

The Company Driving Blockchain Adoption in Spain: Unknown Gravity

500NewsWire

BLOCKCHAIN, THE TECHNOLOGY THAT IS CHANGING THE WORLD Blockchain is the most disruptive technology that has been created since the emergence of the Internet in the last century. This technology was designed for decentralized data storage, in a public, secure and immutable way. Therefore, it is the technology behind Bitcoin and cryptocurrencies. For years, large corporations and banks have explored its possibilities and applications in the real world, achieving several significant use cases. Blockchain technology is based on a chain of blocks that stores operations by stacking blocks in a continuous and decentralized manner. This type of database has the advantage of being public and immutable, which allows third parties to verify the data stored there, in each of the blocks of the chain. Hence, its main usefulness is that it is seen as a large, unalterable, and shared accounting book with operations that a large number of computers record simultaneously. While it is true that understanding this technology and managing it can be intimidating for some people, the multidisciplinary team at Unknown Gravity are true experts in developing applications under blockchain. THE COMPANY THAT IS DRIVING CHANGE Unknown Gravity is a revolutionary blockchain company that is changing the way this decentralized technology is viewed and used in Spain, offering top-level solutions to provide cutting-edge products and services. It is considered to be ranked among the best blockchain development companies in this country, which allows other companies to create the project of their dreams and tailor it to their needs, based on the technology that is evolving processes on the Internet. But, Unknown Gravity is much more. Since it is also a 360 Blockchain Agency that provides services ranging from consulting, development, marketing, and graphic design to regulatory compliance, making it easier for companies to stop worrying about the challenges of creating blockchain applications to focus exclusively on generating wealth for its shareholders. This company was formed from the alliance of a group of industry leaders in blockchain technology from Spain and specialists who offered comprehensive digital development and marketing services separately, which in 2023 decided to join forces to create a Blockchain 360 Agency. Thanks to the experience in the world of blockchain of the multidisciplinary team of this Malaga company, they can create, develop and implement scalable comprehensive solutions in record time that improve the efficiency, security, and transparency of their client's business processes immediately producing better operational results. These blockchain development services are focused on: Product Traceability, Smart Contracts, Creation of NFT Collections, Marketplaces, Decentralized Applications (dApps), Cryptocurrency Payment Gateways, Tokenization, Security Audits, and of course Blockchain Consulting services. Likewise, marketing and design services, which include Content Creation, Social Media, Branding, and Search Engine Optimization (SEO), are designed to provide blockchain solutions and projects fully online and in the production stage. With Unknown Gravity, companies that are starting to create projects based on blockchain will not have the need to invest time and resources in acquiring the know-how of this technology, so they will have more time to exploit its benefits. For all this and more, Unknown Gravity is the company that is changing the way blockchain technology is seen and used in Spain, since thanks to its innovative and personalized solutions, companies can fully take advantage of the potential of this decentralized technology and benefit from its many advantages without complications. HOW UNKNOWN GRAVITY WORKS - SUCCESS STORIES? - WHAT IS THE DIFFERENCE? The Unknown Gravity team is accustomed to working on projects from ideation to production. To accomplish it, the most important thing is to have clear and concise communication about the objectives and requirements of the project. Therefore, they will listen carefully to your ideas, needs, and objectives, to carry out an in-depth analysis that will allow you to offer your company valuable advice on the best strategies to carry them out. In each of its services, Unknown Gravity is dedicated to carrying out a prior analysis of its client's needs and processes, which allows it to identify possible key areas of improvement for the correct implementation of its solutions. Once Unknown Gravity solutions are delivered to its customers, they are fully ready to be integrated into the production environment, running smoothly and efficiently, minimizing operational disruptions and maximizing return on investment. Unknown Gravity is a reliable technological partner that is also a leader in the development of disruptive solutions based on blockchain. Proof of this is 981Block and ChainTrak, two projects based on blockchain. 981Block is a company specialized in implementing a cryptocurrency payment gateway for various types of businesses, on any platform and with any payment provider. ChainTrak is a blockchain traceability service, which can be applied in a wide variety of sectors to improve transparency, authenticity, and efficiency in product management, preserving brand image and consumer trust through a platform designed to address critical challenges in the supply chain and logistics. Contact Details ONX MEDIA LAB hi@onx.ee

April 29, 2024 10:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

DV Silver CEO Shawn Khunkhun: "Value-creation is Done Through Growing Your Mineral Inventory"

Dolly Varden Silver Corporation

April 29, 2024 – TheNews w ire – Global Stocks News – On April 23, 2023 Dolly Varden Silver (TSXV:DV) (OTC:DOLLF) announced plans for its 2024 exploration drilling program at its 100% owned Kitsault Valley Project. Key Highlights: Three drill rigs mobilising  Initial 25,000 meters diamond drilling planned  Follow up on new discoveries  Focus on Homestake Silver and Wolf Deposits  Low snow packs allow for earlier than usual start in May  “ The drill program will be split approximately 50/50 between the Dolly Varden Property and the Homestake Ridge Property,” states DV, “with an overall project split of 1/3 to Homestake Silver deposit area, 1/3 to Wolf deposit area and 1/3 to project wide exploration targets with new discovery potential.” "Our drill results from Homestake Silver were among the highest-grade gold and silver intercepts anywhere in the Golden Triangle in 2023,” states Dolly Varden CEO Shawn Khunkhun. According to the Corporate Finance Institute (CFI), the five key responsibilities of a CEO are: 1. Setting and Executing Organizational Strategy, 2. Build the Senior Leadership Team, 3. Making Capital Allocation Decisions, 4. Setting Vision, Values, and Corporate Culture and 5. Communicating Effectively with All Stakeholders. In the junior markets, it is rare to find a CEO who excels at all five things. Commonly, #5 (Stakeholder Communication) is a glaring weakness. Typically, you find biotech geniuses, technology disrupters and brilliant geologists who are awkward, clumsy communicators. Shawn Khunkhun was appointed the DV SIlver CEO position on February 18, 2020, during a period of depressed metal prices.  Since then, he has proved to be demonstratively good at all five parts of his job, including communication to the investment community. Click Image To View Full Size   Wolf Vein At the Wolf Vein, drilling is planned to delineate the width and extent of the southerly plunge of wider and higher-grade silver mineralization. Step out holes that define the trace of the plunge are spaced so that any new mineralization can be included in a future resource update. The Company will implement directional drilling technology with the objective of more cost effective and accurate exploration at Wolf, particularly for deep holes. Figure 2. Previously released result highlights (2022 and 2023) on Wolf Vein long section looking northwest showing open zones for follow up and trace of wider, higher-grade plunge as black line. Homestake Silver The program planned for Homestake Silver will start with follow up drilling on the newly discovered gold zone at the northern extent of deposit, where coarse-grained native gold in late-stage quartz-carbonate veins (Figure 3.) returned grades of 1,335 g/t Au and 781 g/t Ag over 0.68 meters within a wider interval of stockwork grading 79.49 g/t Au and 60 g/t Ag over 12.45 meters in drill hole HR23-389. Figure 3. Visible Gold in quartz carbonate vein from drillhole HR23-389 at 410.00m depth. The second part of Homestake Silver drilling will be resource expansion and upgrade holes that target the low angle, north dipping plunge of wide and high-grade gold and silver mineralization encountered in 2023 (Figure 4.). Figure 4. Homestake Ridge Long section looking southwest showing previous results of wide, higher grade plunge and new gold zone at Homestake Silver with 2024 target areas. Exploration Targets including Moose Vein The Moose Vein is located 1.5 km up north of the Wolf Vein and is interpreted to be hosted within a similar cross cutting structure as Wolf. Other Exploration targets on both the Homestake Ridge and Dolly Varden properties include targets within the 5.4 km long area between the southern end of Homestake Silver and Wolf Vein. Shawn KhunKhun recently spoke with Kerry Lutz, a lawyer and entrepreneur who is now the CEO of “The Financial Survival Network”, providing “an alternative to Wall Street’s always-be-buying mantra.” “Primary silver mines are rare,” Khunkhun told Lutz. “They only represent about 28% of the market. We're located in Canada, that has stable mining laws.  We are up North in British Columbia where there are not a lot of tourists.  We've demonstrated size through acquisition and discoveries.” “This has led to a lot of notable shareholders,” continued Khunkhun. “Including Hecla, Eric Sprott and institutions like Fidelity.” On November 2, 2023 Dolly Varden Silver announced that it has closed a deal where Hecla Canada invested $10 million in DV Silver, raising its stake in DV Silver from 10.6% to 15.7%. Hecla Mining has a market cap of USD $3.13 billion and trades on the New York Stock Exchange (NYSE). It is on track to produce 17 million ounces of silver in 2024. “Hecla’s increased ownership stake is a benefit to us,” Khunkhun told Guy Bennett, the CEO of Global Stocks News. “Hecla has demonstrated it is a sticky shareholder. They're looking to expand their North American silver portfolio. ” Click Image To View Full Size   “V alue-creation is done through growing your mineral inventory, or growing your production,” Khunkhun told Lutz, “Dolly Varden is trading at about $1 an ounce in the ground.  The average company trades about $4 an ounce in the ground. If I can find more silver for pennies an ounce in the ground, there is a likelihood we’re going to be revalued.” “Our priority with this early [drilling] start is to continue with step-outs as well as infill drilling to confirm continuity of the potentially bulk-mineable mineralization,” stated Khunkhun in the April 23, 2024 press release. “Further south, silver mineralization at Wolf remains wide open for expansion and this seasons' introduction of directional drilling technology will allow for highly accurate placement of drill intercepts.” The currently gold/silver price ratio is 85. “ For the whole of the 20th century, the average gold-silver ratio was 47:1,” reports Investopedia. “In the 21st century, the ratio has ranged mainly between the levels of 50:1 and 70:1. With gold trading at USD $2,350/ounce – 95% of its April 12, 2024 all-time-high of $2,440 - and silver trading at USD $27/ounce, about 60% of its all-time high, it may be an advantageous time in to invest in silver equities. Disclaimer: Dolly Varden Silver paid GSN CND $1,500 for the research, creation and dissemination of this content. Contact: guy.bennett@globalstocksnews.com Full Disclaimer

April 29, 2024 09:00 AM Eastern Daylight Time

Video Image
Article thumbnail News Release

IZEA (NASDAQ: IZEA) Defied Critics And Naysayers As It Helped Pioneer Influencer Marketing In 2004 – Here’s What It Sees Next In The Industry’s Evolution

Benzinga

By James Blacker, Benzinga The 21 st century has witnessed the rise of influencer marketing as a vital tool for brands seeking to boost their online visibility and reach new audiences. It has evolved from a niche strategy into a multi-billion-dollar industry that shapes consumer behavior worldwide. And it’s showing no signs of slowing down, with a projected CAGR of 31.78% over 2024-2029 that would bring the market size to $94.21 billion as businesses of all sizes leverage the advantages it provides. In a nutshell, influencers are individuals who have a significant social media presence and a dedicated follower base and, therefore, have the power to affect purchasing habits by posting content on platforms such as Instagram, YouTube or TikTok. While traditional advertising using celebrity endorsements can sometimes be seen as unrelatable by the everyday individual, influencers can deliver content that is perceived to be more authentic and relatable. Just two decades ago, however, this phenomenon was still in its infancy. Early Seeds Of Influence IZEA Worldwide Inc. (NASDAQ: IZEA) Founder and CEO Ted Murphy recognized early on that independent creators were starting to hold more and more sway over public perception. In 2004, he created the concept of “e-seeding” within his interactive agency. This involved leveraging the influence of bloggers and MySpace celebrities to promote brands. The following year, in 2005 he launched the BlogStar Network, a database of bloggers that the team would reference to send out offers and manually negotiate brand deals. This approach was initially successful, but scaling this type of marketing would require technology. PayPerPost And Industry Disruption In 2006, Murphy created the first influencer marketing platform called PayPerPost – a marketplace that paid bloggers to create content for brands. Initially, sponsored social media content was widely viewed with skepticism. In an era when social media was still free of advertising, Murphy was attacked by many in the industry who were concerned that this new model would lead to a flood of inauthentic content on the internet. Despite raising significant funding and introducing the first disclosure policy in the first year, it still seemed that the industry was against Murphy and unable to see his vision, with countless negative articles written about PayPerPost in that year. Expansion And Recognition In 2007, the company rebranded as IZEA. In the same year, it created a new platform called SocialSpark in response to the rise of Twitter and other social media channels. Two years later in 2009, as demand for Twitter campaigns increased, IZEA launched SponsoredTweets.com. It was around this time that the industry started to take influencer marketing more seriously, and over the next few years, more and more publications began to offer sponsored posts, including the early critics. Today, influencer marketing is a growing multi-billion-dollar space. According to IZEA’s historical transaction data, the average cost of a sponsored blog post grew 98X in the first decade, from $7.39 in 2006 to $726 in 2016. The average cost hit $1,492 in 2022 and has continued to rise, with some creators charging tens of thousands of dollars for a single post. Looking Ahead Speaking at the Adweek Creatorverse event in 2023, Murphy noted that the influencer marketing industry is set to undergo significant changes in the coming years with rapid improvements in AI technology. Research carried out by IZEA Worldwide Inc. (NASDAQ: IZEA) indicates that 66% of influencers are already using AI in their daily life. Furthermore, 38% are using AI to generate images. While the technology is still developing, creators will likely soon be able to use AI to produce realistic images of themselves, anywhere in the world, doing anything. As the industry adopts this new technology, the same concerns over authenticity, content quality and disclosure are sure to arise. However, in Murphy’s words: “The magic that happens when you give people access to new technology, the opportunity that spews from disruption — you can choose to ignore it, you can try to run from it, or embrace it.” Featured photo by dole777 on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. 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

April 29, 2024 08:45 AM Eastern Daylight Time

Image
Article thumbnail News Release

Financial Gravity Companies, Inc. Reports Improved Financial Results for the Six Months Ended March 31, 2024

Financial Gravity Companies, Inc.

Financial Gravity Companies, Inc. (FGCO), a comprehensive financial services company supporting investment advisors and tax professionals, announced its financial results for the six months ended March 31, 2024. Highlights: - Investment management fees increased by $1,406,000 compared to the same period in 2023, primarily due to an increase in assets under management. - Profit for the first six months of fiscal year 2024 was $104,000, compared to a loss of $141,000 for the same period in 2023. The 2024 results include a business profit of $287,158 from non-recurring annuity and insurance sales. - Total operating expenses increased by $727,000, mainly due to higher commission expenses related to increased assets under management. "We are pleased to report improved financial performance for the first six months of fiscal year 2024," said Scott Winters, CEO of Financial Gravity. "The positive trends in revenue, profitability, and cash flow demonstrate our commitment to growing our business and expanding our service offerings." Moving forward, Financial Gravity will focus on increasing recurring fees from assets under management and services income, including revenue from insurance activities. The company will also pursue acquisitions and strategic relationships to drive growth and shareholder value. For more information about Financial Gravity Companies, Inc., and its financial services, please visit our website at https://financialgravity.com. About Financial Gravity Companies, Inc. Financial Gravity Companies Inc., along with its subsidiary companies, provides investment and tax professionals with a turnkey family office charter. We help tax professionals evolve from the commoditized business of tax compliance to a Family Office Director that runs and manages their own multi-family office. Family Office Directors are able to leverage the Financial Gravity systems, technology, proprietary resources, and deep domain expertise to bring an elevated and holistic financial service experience to their clients that spans proactive tax planning, retirement and estate planning, wealth management, and risk mitigation. For more information about Financial Gravity Companies, Inc., please visit https://financialgravity.com. Forward-Looking Statements This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert, or change any of them and could cause actual outcomes and results to differ materially from the current expectations. No forward-looking statement can be guaranteed. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect Financial Gravity's business, and Financial Gravity undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Contact Details Financial Gravity Companies, Inc. Scott Winters +1 800-588-3893 scott.winters@financialgravity.com Company Website https://financialgravity.com/

April 29, 2024 08:33 AM Eastern Daylight Time

Article thumbnail News Release

You Could Use Your Tax Return To Earn 5% APY On It With Robinhood Gold While You Sleep

Benzinga

By Faith Ashmore, Benzinga For Americans, 2024 contains hope when it comes to tax returns. The IRS shared that as of February 16, the average tax refund is $3,207, which is 2.1% higher than last year. For millions of Americans, tax returns provide relief or are an opportunity to use the money for trips or gifts. As many households have been hit hard by rising inflation, tax returns may be especially coveted this year. But what if you were to use the return to help potentially build some wealth? Robinhood aims to provide a unique opportunity for individuals looking to invest. The company has recently made its subscription product, Robinhood Gold, even more enticing to users. Robinhood Gold subscribers now have the opportunity to earn a 5% annual percentage yield (APY) on uninvested brokerage cash with their cash sweep program. This means that any cash sitting idle in your Robinhood brokerage account will be automatically swept into a program that earns you interest. Robinhood says this new rate is eight times higher than the national average savings rate - based on data from Bankrate as of March 1, 2024. In other words, you can earn money while you sleep, and your money is FDIC-insured up to $2.25 million at partner banks. With this Gold subscription, users have the ability to make larger instant deposits and gain instant access to up to $50,000 in instant deposits. Typically, it takes a few days for deposited funds to become available for investment, but Gold subscribers can bypass this waiting period, allowing them to make opportune investment decisions and seize market opportunities without any delays. Subscribers to Robinhood Gold are also granted access to professional research from Morningstar (NASDAQ: MORN) and Level II market data from the Nasdaq Stock Exchange. Level II data provides investors with a comprehensive view of market activity, including bid and ask prices, market depth and order sizes. This additional information can prove invaluable for investors seeking a deeper understanding of market dynamics, in order to make more informed trading decisions. The benefits don’t end there. Robinhood Gold also offers margin investing at a lower rate of 8% – with the first $1,000 of margin borrowing being interest-free – which allows eligible users to borrow funds and increase their potential returns on investments at a lower cost. Non-subscribers pay a higher margin rate of 12%. Robinhood Gold subscribers can even receive a 3% IRA match on eligible contributions to their Robinhood IRA accounts. Apart from margin investing, Robinhood Gold provides a range of advanced tools and benefits that can enhance an individual's investing experience. These include higher interest rates on uninvested cash, instant deposits, access to professional research and market data and a suite of features catering to both short-term investments and long-term retirement planning. As Americans consider what to do with their tax return, investing in future wealth might be the way to go. Featured photo courtesy of Robinhood. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. All investments involve risk and loss of principal is possible. Returns are not guaranteed. Robinhood Gold is offered through Robinhood Financial LLC and is a membership offering premium services available for a fee. The Brokerage Cash Sweep Program is an added feature to your Robinhood Financial LLC brokerage account. Interest is earned on uninvested cash swept from your brokerage account to program banks. Program banks pay interest on your swept cash, minus any fees paid to Robinhood. As of November 15, 2023, the Annual Percentage Yield (APY) that you will receive is 5% for Robinhood Gold members. Terms apply. The APY might change at any time at the program banks' discretion. Additionally, any fees Robinhood receives may vary and is subject to change. Neither Robinhood Financial LLC nor any of its affiliates are banks. Bigger instant deposits are only available if your instant deposit status is in good standing. Margin investing involves the risk of greater investment losses. Before using margin, customers must determine whether this type of strategy is right for them given their investment objectives and risk tolerance. For margin enabled customers, to earn interest through the cash sweep program, a cash balance is needed. If you have a margin balance, there is no cash balance to earn interest. Limitations apply to the retirement match and terms apply to IRAs. 3% match requires Robinhood Gold for 1 year from the date of first 3% match. Must keep Robinhood IRA for 5 years. The Robinhood IRA is available to any U.S. customer with a Robinhood brokerage account in good standing. Interest does not apply to IRAs. Robinhood does not provide tax advice. For specific questions, you should consult a tax professional. Robinhood Financial LLC (member SIPC ), is a registered broker dealer. Robinhood Securities, LLC (member SIPC ), is a registered broker dealer and provides brokerage clearing services. All are subsidiaries of Robinhood Markets, Inc. (‘Robinhood’). Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

April 29, 2024 08:30 AM Eastern Daylight Time

Image
Article thumbnail News Release

Symphony showcases its community innovations at flagship conference, including interoperability with Microsoft Teams

Symphony Communication Services

Symphony, the leading markets’ infrastructure and technology platform, will be interoperable with Microsoft Teams, it was announced at the company’s flagship event Symphony Innovate in New York on April 18th. The solution demonstrated two distinct capabilities to connect users on Symphony securely with Teams: connecting internal Teams users natively through Symphony’s directory and bi-directional chats with external contacts on WhatsApp, SMS and WeChat, through the embedded Symphony Connect app, complementing the firm’s existing video integration. Video. For the first time, Symphony showcased the power of AI when used with its Cloud9 Trader Voice product. The new generative AI-powered and AI noise-suppressed solution provides high-accuracy transcription and intelligence to voice trading interactions, extracting detailed analysis with models trained in trading floor jargon, informing strategic decisions, improving trader efficiency, and simplifying customer risk management. Through the use of AI, the solution supports deal tagging, allowing users to extract deal-related information from voice calls such as price, quantity, and asset class, to build a comprehensive, concise transaction summary. Symphony’s specialized language models are being used to identify relevant keywords, phrases, or context to mark a conversation as a deal confirmation call. Video. With the T+1 settlement cycle fast approaching, the operations directory showcased the ease of finding and connecting with peers, expediting issue resolution, and exception management on Symphony. The Depository Trust & Clearing Corporation took to the stage to help share Symphony’s embedded collaboration platform (ECP) integration with Central Trade Match (CTM), DTCC’s platform to allocate and centrally match transactions globally. This integration - currently being piloted - will allow users to communicate with counterparties directly, reducing context switching and manual data entry to streamline post-trade matching and confirmation, an important aspect of T+1. Video. Another five ECP use cases were shown on stage in a clear validation of the relevance of Symphony’s interoperability play to the industry. CEO Brad Levy said: “Innovate is the forum where Symphony’s industry-leading customers and partners get to showcase the innovations built on our platform. We are proud to be connecting people and companies in a distributed, flexible, and interoperable way, through the right tech stack and infrastructure.” He explained: “In a time where firms must choose to disrupt or be disrupted, Symphony has the right technology to drive innovation and move with precision in a time of uncertainty.” CEO keynote video. Among the industry leaders on stage showcasing the community innovations were John Hoffman from DTCC, Guilis Aquino, Ella White, and David Feldman from Citi, Afzal Memon and Kate Finlayson from JP Morgan, Mike Torregrossa from UBS, Peter Williams and Anand Gupta from Wells Fargo, Brandi Love from RBC, Nigel Someck from MDXT, Sid Bhandari from Loanbook, Omar Gazarin and Rahul Ravikrishnan from Eidosmedia, Paul Taylor from HUB, Eslam Gebriel from Goldman Sachs, Steve Surdykowski from Capital One, Mauricio Sada-Paz and Robert Mackenzie Smith from Bank of America, Sarah Schaffer from BlackRock, Venu Bolisetty and Thomas Dolan from 28Stone, Philip Slavin and Kishan Bharwad from Taskize, Miguel Ferreria from Euroclear Bank, Colin Duggin from TP ICAP, Matthew Cheung from ipushpull, and Mohamed Khalifa from JP Morgan Private Bank. Symphony’s new virtual number solution was introduced as a way for firms to provide employees with a convenient, centralized, and compliance-friendly identity for communication across mobile voice, SMS, and social messaging applications. Symphony has partnered with Umony, a telecommunications compliance specialist, to capture and archive mobile communications, while summarizing call transcripts, analyzing sentiment, and flagging compliance risks using Umony trained LLMs for true end-to-end, GenAI-powered communications compliance. Video. More than 200 leaders joined Symphony Innovate 2024 in person, and over 400 professionals globally watched live online. You can view all Innovate 2024 sessions here. More session videos: Welcome and opening RBC/MDXT NewBridge LoanBook Eidosmedia Wells Fargo HUB In Conversation: Market Structure Evolution Citi 28Stone Taskize & Euroclear Bank TPICAP & ipushpull About Symphony Symphony is the most secure and compliant markets’ infrastructure and technology platform, where solutions are built or integrated to standardize, automate and innovate financial services workflows. It is a vibrant community of over half a million financial professionals with a trusted directory and serves over 1000 institutions. Symphony is powering over 2,000 community built applications and bots. For more information, visit www.symphony.com. Contact Details Odette Maher +44 7747 420807 odette.maher@symphony.com Company Website https://symphony.com/

April 29, 2024 08:24 AM Eastern Daylight Time

12345 ... 3460