Communications

Advertising Communications Graphic Design Internet Marketing Media Publishing SEO
News Release Digital Asset Direct

Wishpond Announces SalesCloser AI: An AI Sales Rep Capable of Conducting Zoom Presentations

Wishpond Technologies Ltd.

Wishpond Technologies Ltd. (TSXV: WISH, OTCQX: WPNDF) (the “ Company ” or “ Wishpond ”), a provider of marketing-focused online business solutions, is pleased to announce the upcoming launch of “ SalesCloser AI”, its AI-powered sales platform. SalesCloser AI is Wishpond’s proprietary solution that is reshaping the sales landscape by delivering personalized, round-the-clock sales calls and product demos without the need for human intervention. Management of Wishpond anticipates that its new SalesCloser AI will be a game-changer for businesses of all sizes and industries. Wishpond has designed this cutting-edge technology to streamline demo bookings and sales calls to provide its customers with the ability to build and scale their sales teams effortlessly while enjoying uninterrupted service regardless of language, time zones or geographical boundaries. Ali Tajskandar, Founder and CEO of Wishpond commented, “Our AI-powered Sales Closer platform represents a paradigm shift in the way businesses approach sales and product demonstrations. With SalesCloser AI, your sales team is always available and scalable. We’ve harnessed the power of AI to create an unmatched solution that brings together personalization, accessibility, and efficiency. Businesses can now focus on scaling their operations.” Wishpond expects that unlike traditional sales teams, the AI-powered platform will not be confined by traditional limitations. It aims to operate 24/7, empowering businesses to conduct a higher volume of sales calls and target international markets with ease. SalesCloser AI is primed to take over the entire sales process, from discovery calls to slide presentations and intricate product demonstrations. Key features of SalesCloser AI include: Real-time Conversation: The AI technology adapts in real-time during conversations with prospects, creating a truly personalized experience that resonates with potential customers. Multi-media Demo Presentations: Designed with both audio and video capabilities, SalesCloser AI can seamlessly guide prospects through presentations and product demos. Multilingual Support: SalesCloser AI aims to conduct sales calls and demos in various languages on demand, opening opportunities for businesses to expand their reach and cater to a global audience. Cost-Effective: SalesCloser AI is intended to be an efficient alternative to scaling the sales team, providing substantial cost savings without compromising on quality. Wishpond believes that SalesCloser AI is poised to transform industries across the board, particularly benefiting virtual sales professionals, SaaS companies, consultants, and various B2B enterprises that rely on online sales interactions. Scheduled for release by the end of the year, SalesCloser AI is a testament to Wishpond’s commitment to driving innovation and shaping the future of sales. For more information, or to sign-up for an early release version, please visit: www.salescloser.ai Wishpond Technologies Ltd. “Ali Tajskandar” Chairman and Chief Executive Officer About Wishpond Technologies Ltd. Based out of Vancouver, British Columbia, Wishpond is a provider of marketing-focused online business solutions. Wishpond is a leading provider of digital marketing solutions that empower entrepreneurs to achieve success online. The Company’s Propel IQ platform offers an “all-in-one” marketing suite that provides companies with marketing, promotion, lead generation, ad management, referral marketing, sales conversion and outbound sales automation capabilities on one integrated platform. Wishpond replaces disparate marketing solutions with an easy-to-use product, for a fraction of the cost. Wishpond serves over 4,000 customers who are primarily small and medium-sized businesses (SMBs) in a wide variety of industries. The Company has developed cutting-edge marketing technology solutions including an artificial intelligence (AI) powered website builder and continues to add new features and applications. The Company employs a Software-as-a-Service (SaaS) business model where most of the Company’s revenue is subscription-based recurring revenue which provides excellent revenue predictability and cash flow visibility. Wishpond is listed on the Exchange under the ticker “WISH”, and on the OTCQX Best Market under the ticker “WPNDF”. For further information, visit: www.wishpond.com. Cautionary & Forward-Looking Statements Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain certain forward-looking information and statements (“ forward-looking information ”) within the meaning of applicable Canadian securities legislation, that are not based on historical fact, including without limitation statements relating to the potential operations and business results from the Company’s Sales Closer platform, containing the words “believes”, “anticipates”, “plans”, “intends”, “will”, “should”, “expects”, “continue”, “estimate”, “forecasts”, “schedule” and other similar expressions. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company undertakes no obligation to comment analyses, expectations or statements made by third-parties in respect of the Company, its securities, or financial or operating results (as applicable). Although the Company believes that the expectations reflected in forward-looking information in this press release are reasonable, such forward-looking information has been based on expectations, factors and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company’s control, including, but not limited to, the risk factors discussed in the public disclosure documents of the Company which such risk factors are incorporated herein by reference and are available through SEDAR at www.sedar.com. The forward-looking information contained in this press release are expressly qualified by this cautionary statement and are made as of the date hereof. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Contact Details Pardeep S. Sangha Investor Relations, Wishpond Technologies Ltd. +1 604-572-6392 investor@wishpond.com

August 16, 2023 07:00 AM Eastern Daylight Time

Video

News Release

How This Company Helps Businesses and Brands to Triple Their Revenue

Client Valley

In our current extremely competitive world, every business is looking for ways to increase its revenue. One of the most important things that helps a brand or business grow is its ability to attract new clients and customers to buy from them. This means the only logical way to actively increase the revenue of any business is to increase its number of sales from new or existing customers, or both. One of the most powerful ways to get customers to buy from a business or brand is by convincing them to trust you. When customers trust you, they will stay with you for a long time. And one of the best ways to get customers to trust you enough to do business with you is by building a great public relations campaign for yourself or your business. It starts with having a great public image when people search for your name or business on Google or other search engines. If you have news articles that tell beautiful stories about you or your business, pop up on the first and second pages of Google or any other search engine, then you’ve done the first excellent work. And how can you have beautiful red stories written about you or your business? It’s by approaching a PR company, such as 9-Figure Media. Just in case you don't know, 9-Figure Media is a reputable public relations company in Laguna Beach, California. When you contact them, they will ask you questions about your business and where you want to take it. Based on your answer, they will develop a tailored PR campaign that will help your business grow at lightning-fast speed. Then, they will write news articles about you or your business, and send it for your review. After you approve the articles, they will publish them in top global media outlets like Forbes, Business Insider, Bloomberg, Apple News, Google News, etc. When you start working with them, you will immediately notice beautiful news stories about you filling up everywhere on Google when you search for your name or business. This means more people start to trust you more, and you will notice your sales double, triple and even quadruple. You know it’s easier to believe someone if someone other than themselves tells you they’re good. But if they tell you that they’re good, you'll have your reservations until someone else says so. That’s the difference between advertising or marketing your business, and building a PR campaign for your business. This is how 9-Figure Media helps you double, triple or even quadruple your revenue and profits. So whether you’re a business executive, an entrepreneur or a business owner who wants to skyrocket their sales and profits, check them out right now at https://9figuremedia.com and thank us later. Contact Details ClientsValley Paul Mayers +1 205-476-2934 help@clientsvalley.com

August 15, 2023 02:29 PM Eastern Daylight Time

News Release

Bridgeline Digital CEO says HawkSearch led 3Q growth as focus on core products grows

Bridgeline Digital Inc

BridgeLine Digital CEO Ari Kahn takes Proactive's Stephen Gunnion through the company's third-quarter results, which reveal a strong compound annual growth rate (CAGR) of 15% in the company's core products, led by HawkSearch which signed over $1 million in new customer contracts during the quarter. Collaborations with the likes of SalesForce, Optimizely, BigCommerce, and Duda have proven fruitful, driving efficient sales cycles and expanding their market. Kahn anticipated significant growth, driven by upcoming initiatives, including the Bronco release that shortens sales cycles by 20%, and the introduction of advanced analytics and a franchise search solution. Despite projected declines in legacy products, Bridgeline foresees robust 15%+ growth in their core offerings, with the catalyst being the upcoming releases and partnerships, ensuring strong progress into fiscal 24. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

August 15, 2023 01:54 PM Eastern Daylight Time

Video

Hacks Have Taken Billions From Both Centralized And Decentralized Crypto Exchanges — Is Swopblock The Answer?

Benzinga

By James Wells, Benzinga Learn more about and invest in Swopblock via Wefunder The crypto community has faced a series of unfortunate incidents over the past two years, punctuated by the collapse of FTX, a large centralized exchange (CEX). These situations have led many investors – who are still awaiting compensation – to question the reliability of CEXs. Decentralized exchanges (DEXs) propose a solution by removing third parties and allowing users to handle their own assets. Nevertheless, many DEXs still rely on centralized components such as bridges and pipes, limiting their reach to full decentralization. Swopblock, a pioneering decentralized crypto exchange, stands out by enabling cross-chain trading with 100% liquidity distribution across user wallets. This could surpass the limitations of existing DEXs and CEXs, potentially positioning Swopblock as a leader in the decentralized finance (DeFi) field. Centralized Exchanges: A Double-Edged Sword Centralized Exchanges (CEXs) such as Binance, Coinbase and Kraken are popular cryptocurrency platforms known for their reliability and a range of benefits, including liquidity, fast transactions and user-friendly interfaces. However, these advantages come with a downside: CEXs have a custodial nature, which means they hold users' assets on their behalf. This setup increases the risk associated with relying on the exchange as an intermediary. The increased counterparty risk in CEXs can lead to potential problems. For example, some exchanges like Celsius have faced insolvency issues, while others like FTX experienced irretrievable losses of funds due to unethical practices. While CEXs offer convenience by simplifying asset management through exchange-managed wallets, it requires users to place significant trust in the exchange, making them vulnerable to these risks. Transition To Decentralization: Not The Ultimate Solution Yet Cross-chain Decentralized Exchanges (DEXs) attempt to mitigate CEXs' counterparty risk by compartmentalizing custodial control into pipes and bridges, but this does not completely eliminate the risk of custodial control failure. This can lead to single points of failure, causing significant losses if compromised (hacks, bugs, etc.). DEXs like Uniswap mitigate CEXs' counterparty risk by prohibiting cross-blockchain trading altogether, this requires using these CEXs to gain access between DEXs on other blockchains. According to Binance Research, DEXs were the most used type of decentralized application (dApp) among institutions in Q2 2023. While CEXs are an established technology, DEXs retain most centralized exchange capabilities and often provide access to more niche and experimental projects. The Swopblock Solution: Distributed Liquidity for Complete Decentralization Swopblock is a trailblazer in the DEX industry as the first fully decentralized exchange. Unlike its competitors, such as Thorchain or PancakeSwap, Swopblock ensures an impressive 100% liquidity distribution across all user wallets, significantly reducing vulnerability to liquidity pool and bridge hacks. Despite liquidity pools being decentralized, these remain susceptible targets for attacks due to the accumulation of assets. The alarming $2.1 billion lost to hacks and exploits in 2022 alone emphasizes the urgent need for more decentralized liquidity distribution. The true innovation of Swopblock lies in its decentralized liquidity distribution, setting it apart from other platforms. Powered exclusively by SWOBL, users contribute liquidity individually for their trades while retaining full control within their wallets. This approach not only addresses self-custody issues typically associated with Centralized Finance (CeFi) but also eliminates the 'honeypot' risks inherent in traditional DEXs like Trader Joe, Uniswap, and PancakeSwap. Swopblock: Ushering in a New Era of Genuine Decentralization in Crypto Exchanges As the DEX sector continues to thrive in the aftermath of the FTX fallout, and with the increasing focus on self-custody, it's crucial that both investors and developers maintain their focus on the overarching goal of crypto: decentralization. Many decentralized projects, despite their emphasis on improving capital efficiency, user-friendliness, and other metrics, have overlooked the enormous flaw of integrating any kind of single-point custodial-control failure into a decentralized exchange system. Swopblock, with its innovative technology emphasizing distributed liquidity powered by its protocol driven medium of exchange, stands as a truly disruptive force that prioritizes decentralization. As the demand for a genuinely decentralized exchange method grows, Swopblock stands ready to meet it, raising the bar across the industry. Learn more about and invest in Swopblock via Wefunder. 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

August 15, 2023 09:00 AM Eastern Daylight Time

OLB Group (NASDAQ: OLB) Acquires Controlling Interest In Prepaid Phone Platform, Potentially Expanding Its Services For The Underbanked To An Additional 31,000 Locations

Benzinga

By David Willey, Benzinga OLB Group, Inc. (NASDAQ: OLB) is a diversified payment and omnicommerce technology services provider that provides the benefits of traditional banking to financially underrepresented communities. It is boosting its services to the underbanked through the acquisition of a controlling interest in Cuentas SDI LLC, a company that owns the platform of Black011.com along with a network serving over 31,000 convenience stores. OLB acquired an 80% share in the company and will offer its services, including the prepaid General Purpose Reloadable (GPR) program, to the stores and customers already on SDI’s network. The company has appointed a new Vice President (VP) of Sales, Jeff Jorgge, to lead the expansion. Jorgge has over 15 years of experience leading similar projects with other major companies. His campaign will involve rebranding the SDI platform under the OLB Payment Platform and ECO payment system and offering OLB’s services to the 31,600 convenience stores currently part of SDI’s network. The campaign will highlight the ability of members on the Black011 platform network to use one integrated Point-of-Sale (POS) system so their customers can purchase products and reload their phones from the same system. Jorgge commented, “I have been involved in indirect channel distribution for the past 15 years in the New York, New Jersey and Connecticut area and am very excited about all the additional unique services that OLB will bring to the merchants on the SDI network. The OLB Group applications of in-store and on-mobile online App and will help to bridge the digital divide for the unbanked, underbanked, and underserviced population.” OLB’s Current Focus – The First 1,000 Locations OLB believes this controlling acquisition of SDI will increase its service to convenience stories and their customers. The company is starting its campaign by targeting 1,000 prime locations, including convenience stores and ‘bodegas,’ in the tri-state area. These locations often serve unbanked or underbanked households, which represent almost 18% of America’s more marginalized communities. There are over 150,000 convenience stores in the U.S., and it is estimated that over 90% of Americans live within a short distance of one of these stores. However, these stores can struggle in the changing economic environment, and OLB’s acquisition will allow it to better serve this significant market. OLB Group CEO Ronny Yakov commented on the acquisition, “We are excited to move forward with this exciting next step in our relationship with Cuentas. Our plan is to immediately focus on adding as many as 1,000 new stores to the network in the New York, New Jersey, Connecticut area and then ramp up from that initial base.” Expanding SDI Services Cuentas Inc. (NASDAQ: CUEN), which used to own Cuentas SDI, still owns almost a 20% share of the company. It will continue helping SDI serve financially underrepresented communities and plans to add the network to its new Cuentas Mobile Wireless Service. It will also continue working with the leading global financial services company InComm, to add innovative digital solutions to the SDI network in aid of the underbanked. OLB will be able to offer these locations numerous benefits, including access to OLB’s network of customers, wallets with instant credit and the ability to issue loans and other financial services. The acquisition of the SDI network will also enhance OLB’s GPR program. GPR cards function like debit cards, except they are pre-paid and reloadable, and unlike debit cards, they are not connected to a bank. Integrating the SDI network with OLB’s financial services means owners of merchant locations will be able to reload funds to their accounts as well as use OLB’s electronic portal to offer customers instant access to digital products. Other companies that offer services similar to OLB, including integrated fintech/payment, are large-cap names like Shopify, Inc. (NYSE: SHOP) and BigCommerce Holdings (NASDAQ: BIGC). This initiative to expand into a very large underserved market could be a major contributor to OLB’s revenue and income growth going forward as the company executes on their roll out plan to the new market sector of bodegas and convenience stores. Want to read more about what OLB Group is doing to serve the underbanked? Check out its website. This post contains sponsored advertising 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

August 15, 2023 09:00 AM Eastern Daylight Time

Claravine Makes the Inc. 5000 for Fourth Consecutive Year

Claravine

Inc. revealed today that Claravine ranks No. 2426 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000. "It is an honor to be recognized four consecutive years in the Inc. 5000,” says Verl Allen, CEO of Claravine. “The past four years have been transformative for Claravine and earning a place in the Inc. 5000 is a testament to the incredible success of our clients, which include over a quarter of the Fortune 100, and our world-class team. We plan to continue building on this momentum to power higher quality data decisions across our customers using data standards.” The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years. For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23. “Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.” This acknowledgement comes on the heels of a milestone year for Claravine. Recently, Claravine acquired Netra, Inc, a content classification company powered by artificial intelligence, and added its services to AWS Marketplace. Claravine was also recently named for the second consecutive time to AdExchanger’s Programmatic Power Players list, as well as awarded the 2022 AdExchanger Award for Best Data Technology. Claravine was also named a cool vendor in the 2022 Gartner Cool Vendors in Marketing Data and Analytics report. More about Inc. and the Inc. 5000 Methodology Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. About Inc. Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com. For more information on the Inc. 5000 Conference & Gala, slated for October 31 - November 2 in San Antonio, visit http://conference.inc.com. About Claravine Claravine is The Data Standards Company aiming to give people, teams and technology a shared understanding of their data. Claravine helps brands and agencies deliver on the promise of modern marketing by standardizing taxonomies, naming conventions, and metadata across all digital experiences at the source of data creation. The Data Standards Cloud empowers a proactive approach to marketing metadata naming conventions and taxonomy for fast, accurate and rich business insights that help deliver the experiences customers want. Claravine partners with a quarter of the Fortune 100 to define, apply and connect standards across their ecosystem for faster decisions, greater agility, and increased ROI. For more information, visit www.claravine.com. Contact Details Kite Hill PR Michael Kocher +1 704-960-2295 michael@kitehillpr.com Company Website https://www.claravine.com/

August 15, 2023 09:00 AM Eastern Daylight Time

Sekur’s Suite Of Encrypted And Private Communication Tools Will Now Be Available To Morocco’s Largest Telecommunications And Banking Companies Thanks To New Agreement

Benzinga

By Rachael Green, Benzinga This month, Sekur Private Data Ltd. (OTCQB: SWISF) (CSE: SKUR) (FRA: GDT0) announced a new distribution agreement with Digital Smart Solution Sarl (DSS), a Morocco-based IT services consulting company. The agreement will see Sekur’s suite of privacy solutions, including SekurMesenger, SekurVPN and SekurMail offered to some of Morocco’s largest companies in the telecommunications and banking sectors. Sekur Is A Leader In Developing Truly Private And Secure Communication And Internet Access Among the solutions that will be distributed under the new agreement is SekurMessenger. The proprietary chat, voice-message and file-sharing app allows users to communicate via a secure and very private channel without disclosing their phone number or other contact information. It also comes with a self-destruct timer that users can set to automatically clear message history at regular intervals. That’s true even when using the app to chat with someone who doesn’t have SekurMessenger through its chat-by-invite feature. The enterprise version archives all communications at server level for compliance, and offers full users’ permissions and onboarding, offering a compliant true private closed loop communications solution for businesses and their client base and offering an alternative to other non-compliant messaging applications in use today by many employees in the financial, legal and medical sectors. According to a CNBC article dated Aug 8th, 2023, U.S. regulators announced a combined $549 million in penalties against Wall Street firms that failed to maintain electronic records of employee communications. That level of privacy and data protection could be a game changer in a market that currently suffers from a lack of robust cybersecurity. “Approximately 90% of African businesses are operating without cybersecurity protocols in place, making them vulnerable to cyber threats, such as hacking, phishing, and malware attacks,” said Sekur CEO Alain Ghiai. Privacy is still an issue even within the cybersecurity services market, though. Data mining and third-party leaks are major issues among virtual private network (VPN) providers, for example. VPNs are meant to offer users a way to browse the internet while concealing their IP address and making the rest of their data less vulnerable to hackers. But many VPN providers structure their service in a way that leaves glaring loopholes for data leaks. In July, for example, Meta (NASDAQ: META) was fined AU$20 Million by the Australian Competition and Consumer Commission after its subsidiary, Onavo Protect VPN, was found to be monitoring and logging user activity and sharing that data with its parent company. Even when a VPN provider promises that it doesn’t log user activity, it might use third-party servers or bundle its VPN with third-party services like ad blockers or anti-virus software that don’t make the same data privacy guarantees. That’s what Sekur wanted to solve with its SekurVPN launched in April. The VPN service is hosted entirely on Sekur’s own servers based in Switzerland, where data privacy laws are especially strict. It’s also a pure VPN service with no other third-party add-ons bundled into the plan. The result is a no-frills, easy-to-use VPN that not only guarantees that it won’t monitor or log user data but avoids the risk of third-party providers tracking or sharing that data as well. This level of privacy and security is especially important for businesses that are often handling not just their own data but that of customers and, as a result, are more likely to be targeted by cybercriminals. DSS Distribution Agreement Aligns With Sekur’s Recent Push Into Enterprise Security Market Under the new deal, DSS will start by approaching two of the largest telecom operators in Morocco which serve a combined mobile subscriber base of well over 20 million users. This comes as Sekur takes major steps to grow its enterprise services segment, including plans to launch major marketing campaigns by the fourth quarter of this year targeting the 30 million small businesses in the United States, where two-thirds of today’s VPN users are based. Alongside its expanded distribution and marketing strategy, the company is also developing a suite of Sekur Enterprise solutions to better cater to this segment as its network of enterprise customers grows. 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

August 15, 2023 09:00 AM Eastern Daylight Time

Comcast, Hillsdale in Miami County and the City of Paola Announce Multi-Million Dollar Project to Deliver High-Speed Internet to Homes and Businesses Across the Area

Comcast Greater Kansas City

Comcast announced it is expanding its smart, fast, reliable fiber-rich network – the Xfinity 10G Network – to homes and businesses in the city of Paola and the area of Hillsdale in Miami County to further enhance broadband connectivity and better serve its citizens with fast, reliable internet service. Working with the City of Paola and Miami County, Comcast will bring secure gigabit broadband service to more than 4,000 homes and businesses and will invest millions in a two-year project to expand its fiber-rich Xfinity 10G Network infrastructure over 107 miles in the area. As part of its commitment to bring connectivity to more homes in Kansas, Comcast worked closely with the City of Paola and Hillsdale in Miami County to make fast internet a reality for over 4,000 homes and businesses. The expansion will bring residential broadband speeds faster than 1 gigabit per second (Gbps) and business speeds up to 100 Gbps. In the last three years, Comcast has invested nearly $40.3 million in the State of Kansas including more than $11.4 million in technology and infrastructure, such as network upgrades to deliver innovative, reliable and affordable broadband service to everyone in the Comcast service area in Kansas. “Comcast’s announcement to expand further south into Miami County provides additional service options to some customers but also brings service to some areas currently without any high-speed provider,” said Janet McRae, Economic Development Director for Miami County. “The need for our residents and businesses to have high speed internet options is only going to continue to increase in the future. We look forward to the opportunities this investment in our county will bring.” "We are excited for Comcast's commitment to bring high-speed internet to our residents and businesses. Members of our staff have already begun meeting with Comcast to help streamline their construction needs and hopefully minimize any disruptions that may occur,” said Randi Shannon, City Manager, City of Paola. “High-speed internet supports so many parts of our daily lives. Increased access benefits not just those who work from home or enjoy digital entertainment, but it also brings vital healthcare and similar services into the homes of our most vulnerable residents. We are grateful for Comcast's investment and are excited to see the opportunities it brings." “Comcast is proud to partner with Paola and Hillsdale to connect businesses and residents to our reliable, high-speed Xfinity 10G Network,” said Kalyn Hove, Regional Senior Vice President for Comcast. “As the world we live in becomes increasingly digital, we remain focused on not only bringing our broadband network to more homes and businesses in Kansas, but also on future-proofing our network to meet the ever-increasing appetite for education, business and entertainment.” Residential customers will be able to take advantage of Xfinity’s full suite of internet products, including the company’s Internet Essentials program that provides low-cost, high-speed broadband for income-constrained households. Since its inception in 2011, the program has connected more than 6,400 Kansas residents. Comcast also participates in the Affordable Connectivity Program (ACP), which provides qualifying households with a $30 monthly credit toward internet and mobile services. Powered by the Xfinity 10G Network Comcast’s network and Internet experience are powering homes and businesses today and into the future: Ultimate Capacity: Xfinity customers connect nearly 1 billion devices across the company’s network annually. The Xfinity 10G Network with the next-generation Xfinity gateways deliver the most advanced WiFi technology carrying three times more bandwidth to power streaming, gaming, videoconferencing, and more, simultaneously. Fastest Internet: More than a third of Xfinity Internet customers subscribe to gigabit speed products, and symmetrical gig speeds are planned to come to the first homes later this year. Unprecedented Coverage: The latest Xfinity Gateway provides a more reliable connection throughout the home. Customers can get wall-to-wall WiFi coverage with a powerful Xfinity WiFi Boost Pod that extends coverage to hard-to-reach areas, with plans for an offering of increased support for in-home WiFi through a “boost guarantee” later this year. Most Reliable Connection: Comcast is scaling the nation’s largest and most reliable network – the Xfinity 10G Network – that passes 60 million homes and businesses and counting. The company plans to launch a new device that is “storm ready” with cellular and battery backup to help keep customers connected even when the power goes out. Ultra-Low Latency: The Xfinity 10G Network and the latest Xfinity Gateway are a powerful combination that deliver ultra-low latency for those moments when response times matter most like video games, a fast-growing category with Xfinity households averaging more than one gaming console per home. For local businesses, Comcast Business offers a suite of connectivity, cybersecurity, managed solutions and Comcast Business Mobile products designed specifically for their employee’s needs. Powered by the nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation’s largest cable and Internet provider to small and mid-size businesses and one of the leading providers to larger organizations in the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest growing providers of Ethernet services. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Comcast Corporation Jill Hornbacher jill_hornbacher@comcast.com Venice Communications Jayne Siemens jsiemens@vencomm.com Company Website https://corporate.comcast.com/

August 15, 2023 07:00 AM Central Daylight Time

Image

Fintech MoneyLion (NYSE: ML) Reports Growth In Q2 2023 Earnings, Surpasses Guidance Fueled By Combined Consumer & Enterprise Ecosystem

Benzinga

By James Wells, Benzinga MoneyLion (NYSE: ML) is a leader in financial technology and embedded finance that has received multiple awards for its services, including the 2019 Fintech Award For Innovation In Personal Finance from Benzinga. The company offers multiple AI-powered consumer services including digital banking, cash advances, automated investing, credit-building loans, budgeting and financial tracking and rewards. It also offers enterprise marketplace solutions and boasts a network of more than 1,000 enterprise partners. The company recently announced its Q2 financial results for 2023, showcasing robust performance across both enterprise and consumer segments. Below are the essential details. Financial Performance MoneyLion reported record revenue of $107m, a significant increase of 22% year-over-year. The revenue exceeded guidance of $95m -$100m, reflecting strong growth in its core business segments. The second quarter gross profit margin was 59%, surpassing the expected range of 54-58%. Additionally, the company posted an adjusted EBITDA of $9 million, marking the second consecutive quarter of positive performance and exceeding the projected guidance of $1 million to $8 million. Both achievements reflect advantages in the consumer and enterprise ecosystems. “Revenue, gross profit margin, and Adjusted EBITDA all exceeded the high end of our guidance. For the third quarter of 2023, we expect revenue of $110 to $115 million, gross profit margin of 55% to 60% and Adjusted EBITDA of $6 to $10 million,” said Rick Correia, MoneyLion’s Chief Financial Officer. Customer and Product Growth The company reported 10 million total customers, with a record addition of two million in the second quarter, reflecting 114% growth year-over-year. Alongside this, the company's total products expanded by 71% year-over-year, showcasing MoneyLion's capacity to connect more customers with suitable financial solutions. Future Outlook MoneyLion's co-founder and CEO, Dee Choubey, emphasized the solid diversification of products and anticipates continued growth throughout the year. He stated, “Performance in the second quarter was driven by product diversification and margin expansion in our Enterprise marketplace business and continued momentum and robust credit performance in our Consumer business. With this platform strength, a robust balance sheet and our pipeline of innovative product releases and features, MoneyLion is poised to build on its momentum of scaling profitably.” MoneyLion: Growing Revenues In A Fast-Growing Market MoneyLion operates in a growth market – according to Allied Market Research, the global embedded finance market was worth $66.8 billion in 2022, and it is expected to grow at a compound annual growth rate (CAGR) of 25.4% between 2023 and 2032 to reach a value of $622.9 billion in 2032. The rising trend of digital transformation in several sectors including finance is a key factor driving the market’s growth. Embedded finance is revolutionizing the way financial services are delivered and consumed, and MoneyLion seems well-placed to continue to be a part of the growth of this sector. 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

August 14, 2023 09:00 AM Eastern Daylight Time

1 ... 88 89 90 91 92 ... 348