News Hub | News Direct

All Industries


Article thumbnail News Release

The Humane Society of the United States Helping Pets in Poverty: Keeping People and Pets Together in Hard Times

YourUpdateTV

A video accompanying this announcement with Humane Society of the United States president and CEO Kitty Block, is available at: https://youtu.be/qtc_jIvU_nU Millions of loving pet owners cannot afford or do not have access to veterinary services and pet resources. Over 20 million pets live in poverty with their families in the US and 70% of pets living in poverty have never seen a veterinarian. This is a serious issue that is being addressed by the Humane Society of the United States through its More than a Pet campaign. A nationwide media tour was conducted featuring Kitty Block, President and CEO, The Humane Society of the United States, discussing the aim of the campaign which is to help pets living in poverty with their families and keep people and their pets together, no matter what challenges they face. The Humane Society of the United States’ More Than a Pet campaign addresses this nationwide crisis head on by elevating awareness and providing solutions for those facing economic hardship and struggling to access care for their pets. With the help of campaign partners TQL, Motel 6, Smalls and Tractive, along with the campaign’s celebrity ambassador Jackson Galaxy—renowned cat behavior and wellness expert, author and television host—More Than a Pet focuses on advancing equity and access to care to keep families and their pets together, happy and healthy. Kitty Block, president and CEO of the Humane Society of the United States, said, “The human-animal bond transcends demographics, and everyone should have the opportunity to experience the joy of animal companionship. Millions of loving pet owners cannot afford or don’t have access to veterinary services or pet resources. Most people are aware of how poverty and structural inequality create challenges and barriers to accessing healthy food, education, jobs, healthcare and housing for people. Pet resources are no different.” Galaxy added, “There is no greater joy than the unconditional love and relationship we have with our animal family members. They are more than just pets; they’re part of our lives and our hearts, and no one should ever have to even think about giving them up because they don’t have access to pet food, supplies and essential resources. We need to do all we can to keep these families together. People can make a difference by helping a neighbor out, whether that be giving them a bag of cat food, offering to care for their cat if they have fallen on hard times, or driving them to veterinary appointments if they don’t have a car. Every bit helps and means more than you know.” An important component of the campaign is the More Than a Pet Community Hero Award, recognizing the contributions of three community heroes who are making a difference by working to ensure the well-being of people and their pets in communities lacking access to resources like pet food and veterinary care. The public is encouraged to show their support by voting for the hero whose story impacts them most. People can also make a big difference by simply spreading the word about this enormous crisis and by helping their neighbors. Every act of kindness goes a long way: Offer to pet sit Drive them to a veterinary appointment Collect pet essential donations for them Buy an extra bag of cat or dog food Foster someone’s pet if they fall on hard times Since 2002, the Humane Society of the United States has served more than 500,000 pets and their families living in poverty with veterinary services such as spay/neuter and vaccinations at no cost to the pet’s family. The HSUS has also donated more than $40 million worth of pet supplies, including 14 million pounds of pet food. For more information, visit HUMANESOCIETY.ORG/MORETHANAPET About More Than a Pet Launched in 2023, the Humane Society of the United States’ More Than a Pet campaign honors the love people have for their pets, celebrates and protects the human-animal bond and aims to show that this bond transcends race, ethnicity, geography and socioeconomic status. Through programs like Pets for Life and Rural Area Veterinary Services, the HSUS supports hundreds of thousands of people and pets who do not have access to veterinary care and pet essentials. A key part of this work is to bring equity in access to pet care for underserved communities and increase diversity in the animal welfare movement, efforts which are long overdue and necessary to recognize the human in humane. Together with our corporate partners, More Than a Pet raises awareness and funds for these critical programs and the HSUS’ work to fight for all animals. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 14, 2024 10:13 AM Eastern Daylight Time

Video
Article thumbnail News Release

CleanTech Lithium 'highly encouraged' as DLE pilot plant in Chile produces high-quality eluate

CleanTech Lithium PLC

CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) executive chairman Dt Steve Kesler discusses results from the company's Direct Lithium Extraction (DLE) pilot plant in Chile, emphasising its effectiveness in purifying and concentrating lithium from brine, which contains other elements like calcium and magnesium. Kesler explained that the process increases lithium concentration from around 200 parts per million to over 2,000 parts per million through reverse osmosis. This purified lithium chloride solution is then processed further to produce battery-grade lithium carbonate, demonstrating capabilities beyond initial design expectations. Kesler also mentioned partnerships with third-party processors in Chicago to advance production capabilities and stressed the sustainability of the extraction method, which uses renewable energy and minimal water. This approach positions CleanTech Lithium favourably to attract potential partners and off-takers, focusing on sustainable and high-quality lithium production for the battery industry. Contact Details Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

May 14, 2024 10:11 AM Eastern Daylight Time

Video
Article thumbnail News Release

FOR IMMEDIATE RELEASE

Apple Rush Company, Inc.

Apple Rush Company, Inc. (Otcpink:APRU), a leading player in the functional beverage industry, proudly announces it has cleared up final details of brand ownership with Bob Corr and Corr Brands, Inc. Tony Torgerud, CEO of Apple Rush, has negotiated a historical closing on the rights and trademarks of Corr Brands, Inc. In the transaction, Bob Corr has agreed to transfer the rights of the Corr Brands, Inc. trademarks and to forgo any royalties from previous agreements to give Tony and Apple Rush the best opportunity to succeed moving forward. Tony Torgerud said, “I have been negotiating for a year with Bob and he finally felt it was time to work out an agreement that would benefit everyone. Over the next couple months, all the required paperwork will be filed for transference and updates on all intellectual property held by Corr Brands, Inc. Not having to pay royalties will add thousands to the bottom line.” This agreement solidifies the future of the “Rush” family of brands that have been in the market since 1972. Bob Corr stated, “I want to see Apple Rush succeed and I feel the timing is right to get this deal done. I retired a long time ago and it is now time to write the next chapters of this story and with Apple Rush having its own production capabilities and its own tunnel pasteurizer, it is an opportunity that shouldn’t be wasted. I have given up hundreds of thousands of dollars in royalties, licensing fees and shares to enhance shareholder value.” With our pilot production abilities, we hope to do some reformulations to introduce a 2024 version of Ginseng Rush and the relaunch of the original Apple Rush flavor line. Apple Rush has held a license for 13 states and International distribution for the last 8 years and now owns the IP without paying the $5,000 per state license, another bottom line gain for all of our stockholders. About The Apple Rush Company, Inc. The Apple Rush Company, Inc., through its subsidiary APRU, LLC, is a distributor of CPG products under the trademarked Apple Rush brand, Element brand and other labels. The Apple Rush brand has more than 50 years of existence in the natural beverage industry. As a historical leader in the organic and natural beverage sector our goal is to now become a leader in the distribution of anhydrous hemp oil products nationwide. For more information, please go to www.aprubrands.com, www.element-brands.com, elementk.kratomwave.store www.alkhemicalroots.com with our expanded product portfolio. Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter forward-looking statements, whether as a result of new information, future events or otherwise. Contact Details Apple Rush Company, Inc. Tony Torgerud +1 888-741-3777 dtorgerud@aprullc.com Company Website http://www.aprubrands.com

May 14, 2024 10:00 AM Eastern Daylight Time

Article thumbnail News Release

PathAI Announces PLUTO: a State-of-the-art Foundation Model to Enhance AI-powered Pathology Tools

PathAI

PathAI, a global leader in AI-powered pathology, today announced the launch of Pathology Universal Transformer (PLUTO), a pathology-centric foundation model, to further differentiate their portfolio of products geared towards biopharma and pathology laboratory customers. In machine learning, a foundation model 1 (FM) is a model trained using self-supervised learning on a large scale of unlabeled data to mathematically capture salient information from inputs to the model. Once trained, the FM can be adapted to enable specific tasks in new contexts, especially including previously unforeseen contexts and tasks. The process of adapting a high-quality FM yields better downstream pathology tools, with lower development time and cost, than building bespoke tools from scratch. For example, a pathology FM may be adapted variously to perform cell and nucleus segmentation at microscopic scale on immunohistochemistry (IHC) slides, or to perform histological subtyping at macro-scale for H&E slides. Developing high-quality FMs is particularly important and complex in pathology where there are many different kinds of tasks at different scales of the whole slide image (WSI) data including cell, tissue, and (whole) slide levels. PathAI’s PLUTO was developed to enable this wide diversity of pathology tasks, and was trained using hundreds of millions of unlabeled image patches from about 160,000 WSIs across 30+ disease areas, numerous indications, stains, scanner types and magnification, and over 50 sources of data. To learn high-quality representations of the unlabeled training data, PathAI researchers designed a pathology-focused self-supervised training process using multi-scale, flexible deep vision transformer architectures with novel training objectives. Researchers then evaluated the quality of the resulting FM by adapting it to a wide diversity of pathology-specific tasks, and found that PathAI’s FM outperforms current state-of-the-art models on (whole) slide, cellular and subcellular tasks. Additionally, PathAI’s FM enables building AI-powered pathology tools at multiple scales and resolutions, and is significantly more compact than previously published models, driving massive reductions in training and inference costs, and enabling highly scalable data generation and product development. PLUTO and its adaptations are set to power PathAI’s best-in-class suite of AI products 2 for diagnostic pathology labs and biopharma use. PLUTO will be adapted to develop the next generation of PathAI’s best-in-class products. PLUTO’s embeddings will enable prediction of underlying molecular alterations driving cancer and disease phenotypes–including those previously hidden to AI–as well as the discovery of new biomarkers and therapeutic targets. “PLUTO is meticulously designed to fuel research efforts for better diagnostic and prognostic tools across multiple disease areas. This technology will enable users to compress their pathology workflows using an exceptionally diverse, multi-resolution foundation model at significantly greater speed and a much broader scale than before,” said Harsha Pokalla, Head of Machine Learning at PathAI. “Our aim is to deploy this single, robust model to address a diverse range of applications and use cases within pathology and to continue developing new high performance AI tools that serve our mission to improve patient outcomes.” Footnotes Foundation Models are for research use only. Not for use in diagnostic procedures. PathAI’s AI products are for research use only. Not for use in diagnostic procedures. About PathAI PathAI is the leading precision pathology company providing software and AI-enabled solutions to all pathologist stakeholders including laboratories, research institutions, and the biopharma industry. Rigorously trained and validated with data from more than 15 million annotations, its AI-powered models can be leveraged to optimize the analysis of pathology samples to improve efficiency and accuracy of pathology interpretation, as well as to better gauge therapeutic efficacy and accelerate drug development for complex diseases. For more information, please visit www.pathai.com. Contact Details SVM Public Relations and Marketing Communications Maggie Naples +1 401-490-9700 pathai@svmpr.com Company Website https://www.pathai.com/

May 14, 2024 10:00 AM Eastern Daylight Time

Article thumbnail News Release

College of American Pathologists: Cancer Rates Soaring in Younger Adults

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/rq8XcHBnPw0 Cancer doesn’t discriminate by age today. Consider celebrities like Chadwick Boseman, who died from colon cancer; Olivia Munn, who recently underwent a double mastectomy; Ninja, a popular streamer on Twitch diagnosed with skin cancer; and Catherine, the Princess of Wales, who is currently being treated for the disease. All of them were diagnosed before the age of 50. Why is this happening and what can we do to catch it early? There are several reasons: diet, lifestyle, and environmental factors. The College of American Pathologists is emphasizing the importance of early detection, screening, and being vigilant regarding symptoms. A nationwide media tour was conducted to discuss this important issue featuring Dr. Donald Karcher, president of the College of American Pathologists. Topics that Dr. Karcher discussed included: · What is behind the soaring trend of younger adults being diagnosed with cancer? · What symptoms to look for to improve cancer outcomes. · What cancers can and should be screened for? · What if you don’t meet the minimum age requirements for screening but are having symptoms? · Discussing the importance of early detection. FOR MORE INFORMATION VISIT: YOURPATHOLOGIST.ORG Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 14, 2024 09:30 AM Eastern Daylight Time

Video
Article thumbnail News Release

Crant Launches Updated Product Offerings, Revolutionizing Access to AI-Powered Brand Building

Crant

Crant, a leader in creative AI solutions empowering businesses to create effective brand building strategies through the use of competitive intelligence in the digital age, announced today the latest evolution of its Ink Lantern product suite: Ink Lantern Lite. The platform aims to revolutionize how businesses build and monitor their brands, providing accessible, AI-powered competitive intelligence across diverse industries. The enhanced tools come at a time when according to the Content Marketing Institute (CMI), 73% of B2B marketers prioritize content marketing as part of their overall strategy. Ink Lantern combines the rapid analysis capabilities of social listening tools with the in-depth strategic guidance of brand consulting firms, providing a unique solution that is both cost-effective and efficient. Designed for sectors including sports and outdoors apparel, healthcare and biotech, technology, travel and hospitality, cultural institutions, education, and adTech, Ink Lantern offers a suite of advanced tools to enhance brand building and content engagement. "Ink Lantern offers high-caliber, accessible solutions to major brands designed to make brand building more effective. With the extension of Ink Lantern Lite, companies of all sizes now have access to more effective brand building and marketing that drives differentiation," said Alvaro Melendez, Co-founder of Crant. "With the introduction of Ink Lantern Lite, we are leveling the playing field, allowing smaller businesses the same opportunities to excel as their larger counterparts." Based on a brand's needs, Ink Lantern and Ink Lantern Lite effectively benchmark brand love, quantify market engagement, and unlock top-performing content strategies. Additionally brands are able to evaluate commitments to diversity, equity, and inclusion, and compare performance across critical social media platforms. "Since integrating Ink Lantern into our operations, we've experienced a remarkable shift in how we execute our brand strategy. The platform's deep insights and AI-powered analysis tools have enabled us to refine our digital marketing efforts and better understand our position in the competitive landscape. Ink Lantern is a game-changer for Museo de Arte Puerto Rico, providing enterprise-level insights and consulting at a fraction of the cost,” said Larissa Vazquez of Museo de Arte Puerto Rico. Ink Lantern has been recognized by The Webby Awards and The Anthem Awards, and continues to set standards in the AI-driven brand building space. To learn more about Ink Lantern and to begin your journey towards enhanced brand building, please visit www.inklantern.io. About Crant Founded in 2020, Crant, is a pioneering creative AI company that empowers businesses to build super brands in the digital age. By harnessing the power of artificial intelligence, Crant develops groundbreaking solutions including Ink Lantern, an AI-powered platform that enables companies to foster deeper connections with their audiences and cultivate enduring brand love. Additionally, Crant also offers comprehensive AI training programs—from Basics AI 101 to the creation of an internal AI Council, these programs are designed to enhance customer engagement and proficiency with AI technologies. Recognized with prestigious accolades including The Webby Awards and The Anthem Awards, Crant combines cutting-edge innovation with a commitment to excellence. Under the leadership of founder Alvaro Melendez, honored by PRovoke Media as one of the most innovative people in the Americas in 2023, Crant helps businesses navigate modern marketing with intelligence and creativity. About Ink Lantern Ink Lantern, an AI-powered platform by Crant, revolutionizes brand building by enabling more effective connections with audiences. Leveraging AI technology and market insights, Ink Lantern provides tools and analyses for monitoring market position, navigating the competitive landscape, and identifying growth strategies. With features like brand love analysis, DEI indexing, competitive benchmarking, and engagement metrics, Ink Lantern offers actionable insights and budget-conscious strategies for businesses to build stronger, more effective brands that resonate with customers and stand out in crowded markets. Experience the power of AI-driven brand building and unlock your brand's potential with Ink Lantern. Contact Details Kite Hill PR Lara Schembri lara@kitehillpr.com Company Website https://www.inklantern.io/

May 14, 2024 09:00 AM Eastern Daylight Time

Article thumbnail News Release

Anthropos raises $2.7m to help companies build the workforce of the future using AI

Anthropos

Talent shortage and skills development are among the top two priorities businesses are struggling to get to grips with today, according to Gartner. Helping them take control of the situation, startup Anthropos has raised $2.7M to create a new way for companies to help employees evolve their skill sets in accordance with business needs while improving retention. With offices in the US and Switzerland, Anthropos’ pre-seed round is led by Switzerland-based Founderful with additional participation from Eden Ventures, Exor Ventures, Zanichelli Venture, Alessandro Rivetti and several angel investors across the EU and US. “People want to see a clear path to grow in their organization and learn the exact skills they need to succeed there. At the same time, you can’t run your business without modern skills and a solution to constantly understand what your people can and cannot do. It’s a problem that is intensifying across all industries and it will get even more important as people need to adopt AI and make it part of their daily job,” said Stefano Bellasio, CEO of Anthropos. Anthropos was founded by Stefano Bellasio and Giacomo Marinangeli after building Cloud Academy Inc, a cloud training platform they started in 2013. The duo scaled the business to over $25M in ARR with Fortune 500 customers like Microsoft, Warner Media, and Deloitte, and, in the process, realized the majority of their enterprise customers were struggling with the same interrelated problems: employee retention and skills development. After exiting the business to the UK's largest tech training provider, Stefano and Giacomo decided to focus on a completely different space with Anthropos, a solution that wants to help corporates with their constant challenges to retain and build their skills. Anthropos helps companies centralize all their skills, employee experiences and training libraries in a modern, employee-focused platform. With Anthropos, companies can map out dedicated paths for every role inside the organization. As a result, employees can upskill themselves in accordance with the roles they want to advance in, and companies can constantly assess what skills are relevant for each role and verify which employees have those skills. This is a significant improvement from the status quo of long, convoluted employee questionnaires to ascertain skill abilities. Central to evidencing its approach, Anthropos is able to verify soft and technical skills at different stages of the employee lifecycle, from hiring to training and progression. As part of the platform, Anthropos has built its own skills taxonomy, which currently covers over 60,000 skills and 18,000 job roles. The company has also created a new technology, called AI Job Simulations, to screen candidates at scale by placing them into immersive real-life scenarios with virtual customers, stakeholders, and colleagues where they can solve missions that demonstrate their soft and hard skills. Early customers at Anthropos have decided to customize their AI Job Simulations to screen candidates at scale and to prepare them for new roles, letting them make mistakes talking to (virtual) customers and other teams and learning from them in a safe environment. The founders describe Anthropos as the easiest way to build a school for each organization where people can learn and evolve with the business at different stages of the employee lifecycle. As part of this, Anthropos is also designed to act as a network. Employees can see the skills their colleagues have, learn how they acquired them, and ultimately pinpoint potential mentors to help them grow. The team launched Anthropos earlier this year and their initial customer base, concentrated in the tech and tech consulting space, is already leveraging Anthropos to stay competitive and retain top talent. Current customers are using Anthropos to rapidly verify the skills of employees that were migrating to new roles, to easily identify the right people with the right skills for certain projects, and to screen candidates at scale by putting them in real scenarios related to their roles using the company’s AI Job Simulations. “It’s a great opportunity for companies. We have seen it first hand, modern generations consider growth and a clear path to learning new skills as the most important aspect of their jobs. It’s more important than your salary or bonuses. If you can’t provide this, you will see employees joining and leaving within months.” said CEO Stefano Bellasio. Antonia Albert, Principal at Founderful added: "We believe that every employee wants to grow and evolve, and that lack of career development and advancement is one of the key drivers of employee turnover. Using AI to democratize career paths and skills development is such a great mission. We are convinced that Stefano and Giacomo, after having successfully scaled and sold their previous tech company, are the right founders to give both companies and employees the transparency needed to enable clear career paths and professional as well as personal growth. Looking ahead, Anthropos plans to provide companies and employees access to thousands of skill paths and AI Simulations for roles and skills across multiple departments that every organization can customize. The company is also planning to publish its first batch of AI Job Simulations in the coming months. “Giacomo and I envision Anthropos becoming the solution for companies to manage and develop all their competencies. In a world that will be redesigned by AI in every role, we believe it’s a great opportunity to help everyone transform their careers,” added CEO Stefano Bellasio. About Anthropos Anthropos reimagines the connection between people and companies as both adapt to a new way of working. People are more ambitious than ever but they are not ok staying in roles and companies that don’t invest in their growth, with values they don’t share.Similarly for companies: skills are changing so rapidly that looking for the right people is the biggest investment in the budget while retaining the existing talent is always a trial and error process. Our thesis is that both parties could use a different solution to solve this problem.For more information please visit https://anthropos.work/ About Founderful Founderful is Switzerland’s leading pre-seed fund, backing founder teams building tech companies with the potential to become global market leaders. Founderful has a track record of supporting exceptional founders in creating breakthrough companies and has the passionate conviction that the Swiss startup ecosystem is just starting to write its best success stories: www.founderful.com Contact Details Anthropos Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://anthropos.work/

May 14, 2024 09:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

AmeriLife Marketing Group and RB Insurance Partner to Deliver Enhanced Value to the Medicare Marketplace

AmeriLife

AmeriLife Marketing Group (AMG), a national field marketing organization (FMO) for many of the industry’s top insurance carriers and an affiliate of AmeriLife Group, LLC (“AmeriLife”), announced today that it has entered into a partnership with RB Insurance Group, a national marketing organization with over 30 years of experience in the Medicare market concentrating on Special Needs and dual-eligible plan sales. Per the agreement, the terms of the deal were not disclosed. The AMG partnership aims to streamline solutions and organizational resources for RB Insurance’s network of 450-plus affiliated brokers licensed in 36 states. AmeriLife acquired RB Insurance Group (RBI) from AMBA, a market leader and trusted provider of affinity marketing solutions and supplemental insurance and benefits. Under AMBA, RB Insurance has grown into one of the nation's most diverse IMO insurance and financial services companies. “We are proud to partner with an esteemed insurance company serving the Medicare market,” said AMG President Nick Hildenbrand. “The partnership between AMG and RBI brings significant meaning to our company as we join forces to empower and protect the health and well-being of countless individuals served by the comprehensive Medicare network. Together, we will navigate the complexities of the healthcare landscape, ensuring that our valued customers receive the highest quality of care and support.” “RB Insurance knows and understands the value of professional quality and enters our network with an unwavering commitment to provide experienced support staff, proprietary technology, training, education, and stalworth guidance to its agents while serving Medicare’s senior population,” added AMG Principal Doug Stovall. “Our partnership structure will exponentially increase each of these areas while providing additional layers of professional access to industry services that drive results and promote a servant-leadership culture.” AMBA’s Chief Executive Officer Nick Taylor agrees that RB Insurance will prosper under AmeriLife’s ownership. “AmeriLife is one of AMBA’s trusted partners for Medicare products, so we are confident that this transaction makes sense for RB Insurance, AmeriLife, and AMBA. AmeriLife will be able to take RB Insurance to new heights while AMBA focuses on its core competencies and growth initiatives.” RB Insurance has earned a trusted and highly regarded reputation for developing unique contracting packages that align with brokers’ professional aspirations and fuel the drive for sales success. “This partnership is a testament to our unwavering commitment to excellence, and I am truly honored to lead a team that consistently strives to make a positive impact in the lives of those we serve,” said RB Insurance Group Executive Marketing Director James Gramp. “With this alliance, we now embark on a transformative path where innovation and compassion converge to redefine the future of healthcare.” AmeriLife’s distribution platform offers partners efficiency, cost value, and access to professional marketing services and culture to drive economies of scale, significantly increasing productivity and bottom-line revenue. “I am excited to welcome RB Insurance to AMG and our growing distribution network,” said Scotty Elliott, Chief Distribution Officer of Health for AmeriLife. “AMG has experienced significant growth in scale and leadership, representing the perfect partnership model to take RB Insurance to new profitability, industry impact, and human resource expansion levels.” RB Insurance will continue to operate as a stand-alone business out of its Tempe, Arizona, offices under the leadership of AMG President and Principal Nick Hildenbrand and Doug Stovall, respectively. ### About RB Insurance Group RB Insurance began in 1981 when its founder and a few close associates sold insurance independently in Arizona. In 2006, the enterprise expanded, forming RB Insurance Group, LLC (RBI). Today, RB Insurance is a National Marketing Organization focused on Medicare-related products. For more information, visit rbi-group.com. About AMBA AMBA is a market leader and trusted provider of affinity marketing solutions, supplemental insurance, and benefits. With a focus on client growth and service, AMBA offers a range of products and services to meet the unique needs of its diverse clients, members, and customers, including long-term care, short-term care, cancer, heart, stroke, emergency medical transportation, dental, vision, Medicare solutions, pro-liability professional liability insurance, event cancellation coverage, annuities, and life insurance. For more information, visit www.getamba.com. About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as the leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a distribution network of over 300,000 insurance agents and financial professionals and more than 100 marketing organizations and insurance agency locations nationwide. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn. Contact Details Media Jeff Maldonado media@amerilife.com Partnership Inquiries Patrick Nichols corporatedevelopment@amerilife.com Company Website https://amerilife.com/

May 14, 2024 09:00 AM Eastern Daylight Time

Article thumbnail News Release

Ledn Is Helping To Restore Confidence In Crypto-backed Lending

Ledn

By Austin DeNoce, Benzinga In the wake of several lender failures within the crypto industry – such as Genesis, Celsius and BlockFi – following the collapse of FTX, the need for secure and transparent crypto lending has become a top priority. The repercussions of these bankruptcies have instilled a cautious approach among holders and users of crypto, and for good reason. The ripple effects were seen across the entire industry, even affecting well-known entities like Binance and Kraken. This fallout from just a few years ago highlights the interconnected risks that still exist within the industry, as well as the necessity for robust risk management and transparency when considering a crypto financial services platform. Ledn Stands Out For Security And Transparency Ledn says it distinguishes itself from other platforms through its foundational commitment to transparency and security. Emulating the core principles of Bitcoin, Ledn was one of the first in the crypto lending industry to implement a Proof-of-Reserves attestation, performed biannually by a Certified Public Accountant. This process is enhanced by a pioneering third-party proof-of-reserves standard, setting a benchmark for accountability in digital asset management. Ledn also provides clients with monthly open book reports detailing asset utilization and interest generation mechanisms so users know exactly where their yield is coming from. This level of clarity helps ensure that clients are not only informed, but are actively engaged in understanding the financial handling of their assets. Blind trust isn’t a viable strategy in crypto, so Ledn gives its users the tools and information they need to verify the security of their investments themselves. BTC or ETH Backed Loans Ledn’s BTC/ETH backed loans provide a secure and efficient method for crypto holders to access liquidity without liquidating their digital assets. Ledn offers loans denominated in US$ against Bitcoin or Ethereum as collateral and funded in local fiat currency. These loans are particularly advantageous as using BTC or ETH as collateral is generally not a taxable event. This means crypto holders can borrow against their crypto assets without selling them. Key features of these loans include: Control over use of collateral: Ledn offers both Standard and Custodied loan options. They say they are the only lender to give their clients control over the use of their loan collateral. Annual interest rate: Starting at 12.4% with an APR of 14.4%, making it a competitive option in the crypto lending space. Loan-to-Value Ratio (LTV): Set at 50%, this ratio ensures a balance between the loan amount and the collateral value, providing safety for both the borrower and the lender. Accessibility: With a minimum requirement of $1,000 US$ equivalent in BTC or ETH collateral, these loans are readily accessible without the need for credit checks. Flexibility and speed: Loans are typically funded within 24 hours of approval and borrowers have the flexibility to repay at any time without incurring penalties. This setup is ideal for those needing quick access to funds without the hassle of traditional loan agreements. B2X Loans The B2X loan product by Ledn is tailored for international Bitcoin holders looking to amplify their Bitcoin holdings without additional capital. This innovative product couples a Bitcoin-backed loan with an immediate purchase of an equivalent amount of Bitcoin, effectively doubling the borrower's Bitcoin position while maintaining the original collateral under loan. Below are some of the loan’s key features: Instant execution: B2X loans are executed immediately, which allows borrowers to capitalize on market conditions using the Bitcoin balance in their Ledn Transaction account. Competitive rates: The interest rates for B2X loans start at 12.4%, with an APR beginning at 14.4%, consistent with the rates of standard BTC/ETH backed loans. Loan terms: These loans offer a 50% LTV ratio and terms up to 12 months, with the flexibility for early repayment without penalties, catering to both short-term and medium-term financial strategies. Simplicity and accessibility: Like other Ledn products, B2X loans require a minimum of $1,000 USD equivalent in BTC collateral for automatic approval, bypassing traditional credit checks and making it straightforward for clients to increase their Bitcoin holdings efficiently. A Reliable Partner In Crypto Ledn's commitment to security, coupled with its innovative loan products, position it as a formidable entity in the crypto financial services sector. By prioritizing transparency and client security, Ledn adheres to high standards of asset management in order to build trust with its users. Whether through BTC/ETH backed loans or the unique B2X offering, Ledn provides compelling solutions for those looking to maximize the potential of their digital assets. Read Ledn’s risk disclosure statement. Featured photo by Brian Wangenheim on Unsplash. Ledn builds innovative financial products with a mission to make generational wealth more accessible through digital assets. The company issued Canada’s first bitcoin-backed loan in 2018 and has issued nearly $5B loans since. Ledn is proud to help clients in over 130 countries access credit and savings products to grow their digital wealth. For more information, visit ledn.io. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing or tax advice. Contact Details Adam Reeds adam@ledn.io Company Website https://ledn.io/

May 14, 2024 09:00 AM Eastern Daylight Time

Image
1 ... 180181182183184 ... 3736