Technology

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

Nvidia Sees Trillion-Dollar Valuation, GameFi Cryptos Kangamoon, Floki Inu, and Apecoin Set To Rally

Kangamoon

Join Our Telegram Community: https://t.me/Kangamoonofficial Nvidia, a world leader in artificial intelligence (AI) computing, was recently valued at over a trillion U.S. dollars. This has significantly impacted the DeFi market and, in particular, GameFi cryptocurrencies. Now, projects like KangaMoon, Floki Inu, and ApeCoin are set to rally, and KangaMoon has already become one of the best-performing P2E games in 2024. DWF Labs Purchase $10 Million Worth of Floki Inu Tokens In the last 24 hours, Floki Inu (FLOKI) has increased in value by 21.50%. This surge comes following a Bitcoin rally, and an announcement by DWF Labs. The Web3 investment firm stated that it plans to purchase $10 million worth of Floki Inu tokens to help support the Floki Inu ecosystem. Since this announcement, Floki Inu’s daily trading volume has surged by 611%, taking Floki Inu’s daily trading volume to $234 million. Experts now predict Floki Inu could hit an all-time high during the next DeFi bull run. ApeCoin Active Addresses Hit a 6-Month High Since its initial launch in 2022, ApeCoin has faced significant resistance during a bear market. This market slowed ApeCoin adoption and caused some of the project's exciting features to fall short. However, ApeCoin is now bouncing back. Over the last month, ApeCoin has surged by 34.9%, and the project's ecosystem is rapidly growing. The ApeCoin DAO recently unlocked $26.05 million worth of ApeCoin, and three new proposals have been made in the ApeCoin DAO. According to on-chain metrics, active ApeCoin wallets have also doubled in the last 24 hours, peaking at 2,528, the highest level in six months. As investors continue to accumulate ApeCoin tokens, experts predict that APE could soar in 2024, potentially hitting a new annual high. KangaMoon (KANG) Impresses Crypto Experts During Its Presale KangaMoon continues to impress cryptocurrency experts with its strong presale performance. After selling out round 1 of its presale, KangaMoon’s price increased by 50% to $0.0075. This helped the project attract additional investors going into round two, which has already sold out 33% of the round's supply. KangaMoon is a new altcoin designed around social interaction. The project uses a social-fi model to actively promote collaboration with its ecosystem. Users will be rewarded for their social interactions, and will also have the opportunity to win rewards in weekly, monthly, and quarterly challenges. By promoting social interaction, KangaMoon aims to connect users, help investors build their networks, and create a DeFi ecosystem where everyone thrives. As part of this ecosystem, KangaMoon will offer a P2E game. The game will focus on tournaments and battles, rewarding competitors with $KANG tokens and other in-game items. Users will have the chance to bet on the outcome of events, helping them to maximize their returns. Investors who purchase $KANG during stage 2 of its presale will earn a 10% buy bonus. This will help them maximize returns, which, according to industry analysts, could go as high as 220% during the KangaMoon presale. KangaMoon: Outperforming The Altcoin Market KangaMoon is quickly gaining attention throughout the altcoin market. Its unique social-fi model helps it stand apart from other projects and has helped the project build a community of like-minded investors. As this community continues to scale, experts believe KangaMoon will soar. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://Kangamoon.com/ Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

March 01, 2024 09:00 AM Central Standard Time

Image

How Iteris’ (NASDAQ: ITI) ClearGuide Analytics Are Revolutionizing Roadway Operations And Saving Lives Across America

Benzinga

By Austin DeNoce, Benzinga Iteris, Inc. (NASDAQ: ITI) is an innovative player in the transportation industry focused on advancing technology-driven solutions that improve safety, mobility and efficiency on roadways. The company converts complex transportation data into practical insights, enabling public agencies to make smarter decisions for more effective operations. Central to Iteris’ innovative offerings is ClearGuide®, a sophisticated mobility analytics solution offered on a software-as-a-service basis. What Is ClearGuide? ClearGuide offers a holistic approach to managing and optimizing transportation operations. It is designed to address various aspects of traffic management, including safety, mobility and traffic signal optimization. With features like real-time analytics, performance metrics, integration with external data and comprehensive reporting, ClearGuide, a versatile solution for enhancing transportation system performance, is positively impacting roads across the country. The Role Of ClearGuide In Public Agencies ClearGuide is rapidly becoming an indispensable tool for public agencies aiming to improve their roadway transportation operations. By transforming massive and complicated datasets into clear, actionable insights, the software empowers these agencies to base their decisions on verifiable data instead of hunches or trial and error. This capability is crucial for a wide range of applications, from emergency preparedness and metropolitan planning to effective management of work zones without temporary traffic sensors. ClearGuide's advanced tools for mapping, congestion monitoring and signal optimization cater to the diverse needs of all kinds of transportation stakeholders, including state and local departments of transportation (DOTs) nationwide as well as regional and metropolitan planning agencies. Real-Life Examples Of ClearGuide In Action ClearGuide's impact is perhaps best demonstrated through its application in real-world scenarios across the country: Caltrans I-405 Improvement Project: By predicting traffic impacts and ensuring compliance with local noise regulations, the project minimized disruptions and expedited completion, showcasing ClearGuide’s ability to streamline project timelines and enhance safety through real-time traffic monitoring. For example, ClearGuide facilitated strategic decisions to extend work hours during the I-405 Improvement Project, reducing bridge demolition time by 33%. South Carolina Department of Transportation (SCDOT): Utilizing ClearGuide and crowdsourced data, SCDOT improved travel time reliability and congestion management during the I-77 bridge rehabilitation project. The integration with their Advanced Traffic Management System (ATMS) allowed for real-time public updates and swift adjustments to traffic strategies, demonstrating ClearGuide's effectiveness in enhancing operational efficiency and reducing delays through advanced analytics. Bellevue's Vision Zero Initiative: The City of Bellevue leverages ClearGuide analytics to identify speeding and pedestrian safety risks, supporting its Vision Zero goal to eliminate traffic fatalities by 2030. The software's data-driven insights enable targeted interventions in high-risk corridors, which proved instrumental in the city's strategic planning and implementation of safety measures to address speeding-related concerns, especially fatalities. Tropical Storm Elsa Response, Florida: During Tropical Storm Elsa, ClearGuide's real-time and predictive analytics played a crucial role in managing evacuation and emergency responses across Florida. By monitoring evacuation routes, storm paths, rainfall and wind speed, ClearGuide ensured efficient evacuations and deployment of resources. After the storm, the software also assessed impacted areas and recovery effectiveness, highlighting its role in safety and operational efficiency during natural disasters. The ClearGuide Future Transportation management may not be the first area one thinks of benefiting from technological innovation, but Iteris' ClearGuide software is a key driver of its evolution, offering data-driven solutions that address the complex challenges of today's roadway systems. Its comprehensive analytics capabilities potentially make it a critical tool for public agencies focused on enhancing the safety, efficiency and mobility of transportation operations – with the goal of saving time, money and lives. As the transportation landscape continues to evolve, the adoption of ClearGuide represents a significant step toward achieving more intelligent and responsive transportation systems, underscoring Iteris' commitment to leading the way in transportation innovation. Featured photo by Denys Nevozhai 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 is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

March 01, 2024 08:15 AM Eastern Standard Time

Image

XLRE: An Entrance to Real Estate Investment

Select Sector SPDR

Since the announcement in 2015 of the Real Estate Sector ETF (XLRE), the sector has continued to evolve. This ETF is now more focused on REITs in the Industrial, Data Center and Telecommunications industries. XLRE is a unique investment platform that offers investors an easy and cost-effective way to access the overall Real Estate Investment Trust (REIT) market. XLRE is a robust portfolio comprised of 31 REITs. Over 60% of the fund is held in the top ten holdings. List of Top Holdings*: ProLogis (12.56%) American Tower A (9.03%) Equinix Inc (8.45%) Welltower (5.27%) Simon Property A (5.00%) Crown Castle (4.81%) Public Storage (4.60%) Realty Income (4.49%) Digital Realty Trust (4.26%) Costar Group (3.53%) Designed with the goal of providing a diversified yet focused investment opportunity, the fund combines dividend yield with the potential for capital gains. With a low expense ratio of just 0.09%**, XLRE provides an affordable entry point into the various segments of the real estate market. Moreover, the transparency of XLRE sets it apart from other ETFs. Investors are privy to daily disclosure of portfolio holdings and weightings, which provides them with a clear understanding of their investments. For Your Consideration As with all investment vehicles, it's important for investors to be aware that ETFs are subject to certain risks, including loss of principal, sector risk, and non-diversification risk. Therefore, investors are encouraged to carefully consider investment objectives, risks, charges, and expenses before investing. The S&P 500 Index, an unmanaged index of 500 common stocks widely considered representative of the U.S. stock market, serves as a benchmark for XLRE. This allows investors to align their investments with the broader market trends. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Holdings, Weightings & Assets as of 2/22/24 subject to change **Ordinary brokerage fees apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007312 EXP 4/30/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

March 01, 2024 05:00 AM Eastern Standard Time

Where Next For Uniswap (UNI) and Toncoin (TON)? Traders Eye KangaMoon (KANG) As the Top Meme Coin for High Returns

Kangamoon

Throughout most of 2023, Uniswap (UNI) experienced a bearish trend, but as the new year unfolds, the token broke free from this bearish zone and gained fresh momentum. Toncoin (TON), on the other hand, continues to grapple with volatility and bearish pressure. Meanwhile, in search of fresh opportunities, investors turn towards KangaMoon (KANG). With its focus on engaging a large community of meme coin enthusiasts through play-to-earn (P2E) games and other earning opportunities, KangaMoon is positioning itself among the top new meme coins to buy in 2024. Uniswap (UNI) Experiences a Price Spike After a Year-Long Bearish Market Despite enduring a bearish market for the majority of 2023, Uniswap (UNI) has recently shown strong positive momentum, with a remarkable 61.97% increase over the past year. What is particularly noteworthy is the sudden price spike witnessed in the previous week. The price spike propelled Uniswap token from its previous level below $7.48 to its current level well above $10. As a result, UNI token has gained an impressive 80.72% in the past month and a notable 42.48% in the past week. Currently, Uniswap is trading within a weekly price range of $7.06 to $12.62. With its current momentum, there is a strong possibility of UNI reaching new heights before the end of March. KangaMoon (KANG) Is Becoming One of the Top New Meme Coins To Buy KangaMoon (KANG) is making significant strides to tap into the billion-dollar blockchain gaming industry. Positioned as the next prominent contender in the meme coin market, KangaMoon aims to establish a platform where players can engage in various games and contests to win rewards and prizes. In the second stage of its tooken presale, KangaMoon (KANG) has achieved remarkable success, generating over $328,000 in presale funding. This achievement solidifies its position as a serious player in the realm of popular meme coins. Currently, each KangaMoon token is priced at a favorable rate of $0.0075, representing a 50% increase from an initial offering price of $0.005. Interestingly, this also implies that early investors have locked in a 50% return on their investment. Fundamentally, the native KANG token functions as the primary currency used for transactions within the KangaMoon ecosystem. Notably, this ecosystem combines social networking, blockchain games, and decentralized finance (DeFi). Even as the native KANG token awaits listing on top-tier exchange platforms, KangaMoon rewards users who actively engage with the community with monetizable rewards. Users can create their own game characters and digital items, and there's a marketplace to trade rare them. Even if you're just watching, you can earn rewards by betting on game results. Toncoin (TON) Struggles to Hold Strongly Above Support Threshold Toncoin (TON), one of the top crypto coins in terms of market capitalization, has experienced recent losses, declining by 4.31% over the past week. The cryptocurrency, formerly known as Toncoin, has undergone a rebranding and is now called "The Open Network." Despite these developments, Toncoin's price has not shown any significant price surges. While it has achieved a modest 5.98% gain over the past month, Toncoin is down by 10.89% compared to the same time last year. Currently, it maintains a weekly price range of $2.05 to $2.23, with the potential for a wider range before the end of the month. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://KangaMoon.com/ Join Our Telegram Community: https://t.me/KangaMoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Disclaimer: The following disclaimer is important to read and understand before engaging with Kangamoon, a play-to-earn meme coin. By accessing or participating in any activities related to Kangamoon, you acknowledge and accept the terms outlined below: 1 No Financial Advice: This whitepaper and any associated content do not constitute financial advice, investment recommendations, or solicitation to purchase Kangamoon tokens. The information provided is for informational purposes only. It is your responsibility to conduct thorough research and seek professional advice before making any financial decisions. 2 Volatility and Risks: Cryptocurrencies, including Kangamoon, are volatile and subject to significant price fluctuations. Investing in or holding Kangamoon tokens involves substantial risks, including the possibility of total loss. Past performance is not indicative of future results. 3 Regulatory Compliance: The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Kangamoon. 4 Uncertain Market: The market for meme coins and play-to-earn platforms is highly speculative and subject to rapid changes. There is no guarantee of market demand, liquidity, or utility for Kangamoon tokens. Token values may fluctuate drastically and may not reflect the intrinsic value of the project. By continuing to engage with Kangamoon, you acknowledge and accept the risks and limitations outlined in this disclaimer. You should only participate if you fully understand and are willing to assume these risks. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

February 29, 2024 09:57 PM Central Standard Time

Image

Metis Announces Major New Collaborations Advancing Self-Sustainability

Metis

Ethereum Layer-2 roll-up platform Metis is excited to announce major collaborations with Chainlink Labs, EigenLayer, Renzo, Ethena, and DeFi Kingdoms. These collaborations will make Metis even stronger and more accessible—a superfluid self-sustaining blockchain—by enabling better user experiences and deeper liquidity. Many Ethereum Layer 2 (L2) networks offer low transaction costs and decent user experiences. But for long-term viability, an L2 also needs to be self-sustaining with deep liquidity. Metis already has the lowest transaction fees among its peers and will soon be the first Ethereum L2 with a decentralized sequencer, removing a centralized point of failure and protecting Metis’s future. As a part of these new developments, the Metis bridge interface will be upgraded to leverage Chainlink CCIP as the official cross-chain infrastructure to power the canonical Metis token bridge, with an initial focus on bridging leading stablecoins from Ethereum mainnet onto the Metis network. Over time, additional blockchain networks and tokens are expected to be supported to further accelerate the growth of the Metis ecosystem. Additional information on the migration will be provided in the near future. Over the next couple of months, EigenLayer will integrate Metis, creating a new liquid-restaking layer to the Metis ecosystem and dramatically boosting the network’s liquidity. Native and cross-chain restaking on Metis will come first, followed by dual restaking with $METIS, the Metis network token. Eigenlayer will also allow users to use $METIS to pay for EigenDA, EigenLayer’s hyperscale data-availability layer, with additional functionality for future actively validated services (AVSes) and roll-up services coming in mid-2024. Metis’s partnership with Renzo will bring native ETH restaking. Using Connext’s Restake from Anywhere module, users will be able to deposit Metis-native ETH into Renzo for ezETH without worrying about bridging and restaking manually. This will unlock easier access to DeFi within the Metis ecosystem. Ethena will also contribute a key component to Metis's new liquidity layer: the yield-bearing stablecoin USDe. Protected by LayerZero's security, USDe allows users to deposit traditional fiat, ETH, or liquid staking tokens (LSTs) and earn yield while minimizing risk through delta-neutral hedging. Bridging USDe from multiple blockchains to Metis will give users flexible investment options and nicely complement Metis's recent Liquid Staking Blitz. Ethena users can also bridge their USDe to Metis from multiple chains, all powered and secured by LayerZero. Lastly, after two years of development, DeFi Kingdoms (DFK) will deploy a new, eagerly awaited combat mode of their game on Metis, introducing player-versus-player (PvP) battles and tournaments in the Colosseum. At launch, this feature will live exclusively on Metis. On Avalanche, DFK generated up to $130 million daily at its peak, so the new game mode has significant potential to bring players and transaction volume to the Metis blockchain. Together, these five developments will give users compelling new reasons to choose the Metis ecosystem while eliminating more of the pain points associated with L2 networks. With new value propositions and substantial new incoming liquidity building on a successful foundation of low fees and increasing decentralization, Metis is well-positioned to be a superfluid, self-sustaining blockchain. About Metis Metis is an EVM-equivalent Ethereum Layer-2 protocol focused on bridging the gap between Web2 and Web3. Metis provides users with a secure, decentralized, scalable, and easy-to-use network. Contact Details Colin Landers colin@energentmedia.com Company Website https://www.metis.io/

February 29, 2024 02:00 PM Mountain Standard Time

IntoTheBlock Integrates TRON Network Analytics

IntoTheBlock

Miami, Florida, February 29, 2024 - IntoTheBlock, a leading provider of on-chain analytics has announced the integration of the TRON network into its Market Intelligence suite. Thanks to a collaboration with TRON DAO, these advanced indicators will be available for free to the TRON DAO community. The TRON network, known for its reliability, large user base and efficiency, is one of the top layer-1 networks in the blockchain world. Specializing in decentralized applications, stablecoin usage, and more, TRON boasts over 210+ million total user accounts, over 4.5 million daily transactions and a total stablecoin market cap of ~$51 billion, representing over 37% of the entire stablecoin market cap. Jesus Rodriguez, CEO of IntoTheBlock, shared insights on the collaboration with TRON DAO: “Our mission has always been to democratize access to high-quality market intelligence across the cryptocurrency sector. Our collaboration with TRON DAO is a significant step towards realizing this. By integrating TRON's network into our Market Intelligence suite, we’re providing insights into one of the most important blockchain networks in the cryptocurrency industry.” The size and impact of the TRON network makes the public availability of on-chain indicators extremely valuable, as they enable millions of users to gain a deeper understanding of the TRON ecosystem. The integration provides TRON network users with more than 60 indicators to use for analyzing the network; all of the advanced analytics will be available for free. David Uhryniak, Ecosystem Lead at TRON DAO, commented on the integration: "We're excited to collaborate with IntoTheBlock to bring their comprehensive on-chain analytics to the TRON community. This aligns with our mission to enhance transparency and provide our users with valuable insights into the TRON network." With this integration, the TRON network will be featured in future releases of IntoTheBlock’s Perspectives, offering curated insights across various Layer-1 networks and key industry trends. About IntoTheBlock IntoTheBlock is a leading provider of on-chain analytics and advanced DeFi services for Institutional investors. With a focus on delivering actionable intelligence, IntoTheBlock stands at the forefront of empowering investors with comprehensive market insights. IntoTheBlock | TRON analytics | DeFi Risk Radar | Twitter | Medium Media Contact Vincent Maliepaard Marketing Director vincent.maliepaard@intotheblock.io About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of January 2023, it has over 209.21 million total user accounts on the blockchain, more than 7.07 billion total transactions, and over $19.41 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Hayward Wong press@tron.network Contact Details Vincent Maliepaard vincent.maliepaard@intotheblock.io

February 29, 2024 12:02 PM Eastern Standard Time

Image

AdvicePay and eMoney Streamline Workflow to Get Paid for Financial Planning with Integrations

AdvicePay

AdvicePay, the leading platform for processing payments and overseeing compliance of fee-for-service financial planning so advisors can get paid for their advice, announced today that it has launched new integrations with eMoney Advisor, a leading provider of technology solutions that helps people talk about money, that will offer efficiencies for joint customers navigating between the two platforms. With the integration, advisors can eliminate redundant tasks like logging in or creating client profiles in each platform. Advisors will also be able to send AdvicePay-generated documents, such as planning agreements or invoices, directly to their client’s eMoney vault, centralizing all important information related to their engagement with the advisor. “As more and more financial advisors charge standalone fees for their financial planning services, existing AUM-based workflows for billing from portfolio management systems may not work anymore. Instead, as financial planning becomes the central value proposition, financial planning software like eMoney becomes the central hub for clients… and so it’s only natural that financial planning fee billing capabilities become more deeply integrated to financial planning software,” said AdvicePay co-founder Michael Kitces. “We view the eMoney partnership as a unique opportunity to join forces with another leader in this space. Together, we are building an entire fee-for-service planning ecosystem to help advisors capitalize on the growing demand from consumers to be able to simply pay one-time or ongoing subscription fees for the advice relationship they want.” For AdvicePay and eMoney, the integration creates a natural synergy. The idea for the integration originated with AdvicePay clients, who expressed interest in having a tie-in between the two systems and will be available to all eMoney advisors looking to begin charging financial planning fees (or to expedite their billing workflows if they already charge for financial plans.) “We look forward to helping advisors simplify and streamline their workflow so they can more easily get paid fees for their value and spend their time doing what matters most: working with their clients to plan for the future,” said Ricky Illigasch, VP, Product Management at eMoney Advisor. In November, AdvicePay announced that it had completed its one-millionth transaction since its launch in 2018. Over the past two years, AdvicePay has experienced a 102% increase in advisors added to the platform and a 193% growth in transaction volume. In 2023, for the second straight year, AdvicePay was named one of America’s fastest-growing private companies on the prestigious Inc. 5000 list. To learn more about the AdvicePay platform, log onto www.AdvicePay.com. About AdvicePay Established by well-known financial advisors Michael Kitces and Alan Moore, AdvicePay is the industry-leading billing and payment workflow solution created specifically for fee-for-service financial planning. Financial services firms and their advisors benefit from efficient workflows designed exclusively to support their fee-for-service financial planning revenue, including up-to-date compliance and data security management, all in one unified platform. About eMoney Advisor, LLC eMoney Advisor, LLC ("eMoney") provides technology solutions and services that help people talk about money. Rooted in holistic financial planning, eMoney solutions strengthen client relationships, streamline business operations, enhance business development, and drive overall growth. Approximately 106,000 financial professionals across firms of all sizes use the eMoney platform to serve more 6 million households throughout the U.S. For more information, please visit: emoneyadvisor.com. Contact Details Shannon Beck +1 406-412-2047 media@advicepay.com Company Website https://advicepay.com/

February 29, 2024 11:20 AM Eastern Standard Time

Silence Laboratories Raises $4.1M Funding to Enable Privacy Preserving Collaborative Computing

Silence Laboratories

In the modern age, large companies are wrestling to leverage their customers’ data to provide ever-better AI-enhanced experiences but a key barrier to leveraging this opportunity is mounting public concern around data privacy, as ever-greater data processing poses risks of data leaks by hackers and malicious insiders. Silence Laboratories is on a mission to create infrastructure to enable complex data collaborations between enterprises and entities, without any sensitive information being exposed to the other engaging parties. Silence Laboratories today announces it has raised an additional $4.1 million funding round led by Pi Ventures and Kira Studio, along with several prominent angel investors. Leveraging modern cryptography, the company already has one of the fastest distributed signature (authorization) libraries in production ( Silent Shard ), which has been audited by some of the best security auditing companies like Trail of Bits. These libraries have led to the establishment of strong partnerships with leading digital asset infrastructure and protocol companies like BitGo, MetaMask, EigenLayer, Biconomy, and EasyCrypto. Products on offer by the company include Silent Shard which allows enterprises and users to limit the risk of exposing sensitive private keys and allows advanced authorisation rules to be put in place. Additionally, the newly launched Silent Compute product allows different organisations to collaborate on processing information without needing to expose their secrets and data to third parties and enrich insights while maintaining compliance and trust. Both the products uses multi-party computation (MPC) as its core cryptographic primitives. Commenting on the announcement, Silence Laboratories CEO and founder Dr. Jay Prakash said: “In today's digital ecosystem, trust, and privacy are not merely options but imperatives for sustainable growth. With this new injection of funds, Silence Laboratories is poised to redefine privacy by enabling businesses to fully embrace the power of AI while rigorously protecting their most vital asset – customer trust. Our privacy-enhancing technologies assure that collaboration and innovation can flourish in an environment where the confidentiality and integrity of data are uncompromised.” With the market for privacy-enhancing technologies (PETs) growing globally at a compound annual growth rate of 26.6%, there is growing demand for Silence Laboratories offering to provide mathematical guarantees for techno-legal expectations. This would allow companies to work together on processing data, without needing to share data with the other party - allowing more sectors to benefit from new technology, with less risk. Shubham Sandeep, Managing Director Pi Ventures, commented: "Secure data collaboration to enable privacy preserving compute is an ever growing problem especially in highly regulated domains such as finance and healthcare. This requires solutions based on zero trust cryptographic guarantees instead of relying on third party data vendors who are prone to security breaches. The MPC infrastructure developed by the world class team at Silence Laboratories is the fastest in the world, easily configurable, application agnostic and provides full control to the user. We are excited to double down on our investment as we have seen the fantastic progress of the company over the last 18 months." The funding will be used to scale the company’s tech & business teams and enrich the company’s robust R&D pipeline. Founded in 2021 by Dr. Jay Prakash (CEO), Dr. Andrei Bytes (CTO) and Dr. Tony Quek; the firm has also recently been expanding its global leadership team across cryptography, infrastructure business and engineering. “The Silence team is an amazing team with deep cryptography expertise and is working on a set of groundbreaking products in privacy and authentication infrastructure and I am really excited to support their journey. Privacy-preserving infrastructure combined with blockchain and fintech rails is going to be huge!” shared Anurag Arjun, from Kira Studio and Ex Co-founder of Polygon. About Silence Laboratories Started in 2021 by Dr. Jay Prakash (CEO) and Dr. Andrei Bytes (CTO), Silence Laboratories is a privacy tech company that enables enterprises to adopt privacy-enhancing technologies through a unique fusion of cryptography and security engineering. Their mission is to enable a global privacy-compliant collaboration infrastructure that would enable enterprises to collaborate, and exchange inferences while removing all single points of failure. The company has been founded by a strong technical and business team including PhDs and researchers with previous affiliations at the Massachusetts Institute of Technology (MIT), USA; Singapore University of Technology & Design (SUTD) & National University of Singapore (NUS); University of Illinois Urbana-Champaign (UIUC), globally top-ranked Capture The Flag (CTF) teams, and leading tech companies. Learn more about their work: https://silencelaboratories.com Contact Details Silence Laboratories Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.silencelaboratories.com/

February 29, 2024 09:00 AM Eastern Standard Time

Image

OLB Group is Making Omnicommerce and Wireless Plans Accessible to the Underbanked and Revolutionizing Payments for Businesses

Benzinga

By Faith Ashmore, Benzinga Omnicommerce is an integrated "all-channel" retail approach that provides consistent, seamless and personalized customer experiences, ultimately leading to secure and frictionless payments. It encompasses meeting customers where they are, whether through physical stores, online platforms, social media or other digital spaces. By adopting an omnichannel strategy, businesses can create a unified brand presence and deliver a smooth consumer experience across multiple channels. As technology continues to advance and consumer expectations evolve, the omnicommerce industry will continue to grow and play a significant role in shaping the future of the retail industry. In 2022, the global market size of retail omnichannel commerce platforms was $8.1 billion, and is projected to grow at a CAGR of 16.6% from 2022-2030. Businesses today are investing more in developing omnicommerce solutions, such as mobile websites, apps, personalized email marketing and social media integration. However, not all businesses have the technology to adopt this approach and have to look to third-party technology companies for help. That’s where companies like OLB Group (NASDAQ: OLB) come into play to make omnicommerce more accessible. OLB offers a comprehensive suite of products and services, catering to the needs of small and medium-sized enterprises (SMEs) as well as larger organizations. OLB's flagship product, OmniSoft, is a cloud-based e-commerce platform that enables businesses to easily establish an online presence, manage and track their sales and accept payments securely. In June 2023, OLB acquired a controlling interest in black011.com, which encompasses Black Wireless and Mango Mobile, and is beginning to contribute to revenues. These strategic moves enabled the company to offer one Point of Sales (POS) system to customers so they can purchase products and seamlessly reload mobile phone minutes.. OLB is in the process of rebranding these platforms and integrating them into the OLB Payment Platform and ECO Payment system. Ultimately, these acquisitions enable OLB to focus on the rapidly growing underbanked communities. As of 2022, a market study revealed that approximately 13% of American adults were underbanked, a new market that OLB has identified as underserved. Increased accessibility can dramatically help these communities and provide bodegas and convenience stores with a new service to their customers. In November, the company reported a wider-than-expected quarterly loss, but an often overlooked accounting technicality is that the loss was largely due to non-cash depreciation “expense”. However, to underscore the confidence in the company’s future, Chairman and CEO Ronny Yakov acquired a total of 784,212 shares and Vice President Patrick Smith purchased a total of 392,106 shares at an average price of $0.77. OLB also provides various payment processing solutions, such as point-of-sale systems, mobile payment applications and virtual wallets – allowing businesses to accept payments from customers through multiple channels. To date, the company has worked with 10,500 merchants worldwide and secured over 28.5 million transactions annually in over 130 different industries. OLB prides itself on being a comprehensive single solution with over 15 years of experience. The company runs on the SaaS model with pay-as-you-go options, making its platform more accessible to businesses of all sizes. With a modest market capitalization of around $13 million and an annual revenue run rate of over $30 million (one of the lowest Price to Sales ratios of 0.3 times sales vs. a peer average of 1 x sales), OLB Group may represent an opportunity for investors interested in participating in the broadening out of the payments industry to include more of the underbanked. The emergence of omnicommerce reflects the next evolution in e-commerce for both businesses and customers alike and the growing recognition of payments as a cornerstone in every customer journey. With the convenience and accessibility of online shopping, customers now expect a seamless and personalized shopping experience across various touchpoints. With a commitment to empowering businesses with efficient and secure payment solutions, OLB is establishing itself as a trusted provider in the payments industry. Featured photo by Mark König 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 is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

February 29, 2024 08:20 AM Eastern Standard Time

Image

1 ... 99 100 101 102 103 ... 627