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Cloud Conventions 2021 Redefines the Attendee Experience

Convey Services

Engagement will be the big focus of the Cloud Conventions 2021 virtual trade expo, as channel partners and professionals from across the telecom/cloud, mobility, MSP and IT services industries converge one of the largest and most innovative virtual events, May 12-14, 2021. Unlike other industry tradeshows that have failed to deliver attendee engagement and promised sales leads for exhibitors, Cloud Conventions 2021 is built on the next generation virtual event platform that redefines the exhibitor experience to allow companies to provide easy access to in-depth product information, showcase their brand with graphics and videos, create calls to action and generate immediate sales leads. "Everyone had to quickly pivot to virtual events in 2020, but there was a lack of focus on motivational design that resulted in boring, uninspired attendee experiences,” said Carolyn Bradfield, CEO of Convey Services, the platform provider for Cloud Conventions 2021. “Virtual events often deliver a stream of self-promoting webinars packaged and sold as a virtual event, when they’re really just a bunch of webinars. Cloud Conventions 2021 provides one of the most unique vendor showcase environments, coupled with content devoted to business strategy and opportunities for attendees to connect with their peers and exhibitors. Effective events need to inform, educate and engage, not just lecture. We keep attendees engaged and interested, connect them to others and give all parties a return on investment for both their time and money.” Under the umbrella of Community™, Convey’s suite of proprietary engagement tools, attendees have searchable attendee and exhibitor directories, access to discussion forums and a way to filter results to find the best match. Coupled with a message center to organize communications, booths feature one-on-one text chat along a one-click links to enter a live video discussion with booth staff. “2020 was a learning experience for everyone in what audiences expect from a virtual event,” added Bradfield. “We have to elevate our game in 2021 as tradeshows and conferences continue to have a virtual or hybrid component. Cloud Conventions 2021 makes the most of the virtual event platform powered by Convey Services. It incorporates motivational design to turn attendees and exhibitors into active participants. Attendees are invited to engage in forums, roundtable discussions, participate in networking events, register for prizes and access live or on-demand content.” Cloud Conventions 2021 is co-sponsored by TR Publications and managed by the MCI Group. MCI Group is committed to growing the Cloud Conventions 2021 event and returning in the spring of 2022 with a live and hybrid industry expo. Attendance at Cloud Conventions 2021 is free to qualified industry professionals. Exhibitors and attendees can sign up at Cloud Conventions 2021. The Cloud Conventions 2021 expo is hosted and managed on the industry-leading Cloud Conventions virtual event platform, powered by Convey Services. About TR Publications TR Publications reaches 50,000 telecom/cloud professionals from across the communications delivery community: enterprise end users, channel partners, MSPs, carriers and CLECs. It is the only publication that penetrates deeply into the core UC markets, both channel and IT management: 37,000 readers monthly by hard copy, 1,800 readers daily by online, 13,000 readers every week by eBulletin, 2,500 listeners each week by podcast. Channel readership represent the twelve largest OEM and solution providing communities, together reflecting 96% of all UC sales by revenues on equipment, services, premises, hosted, software solutions and other platforms. www.telecomreseller.com. About MCI Group MCI is a global engagement and marketing agency. We design human-centric solutions that unleash the power of people to deliver innovation and growth for our clients. Our offering includes live & virtual events, strategic & digital communications, consulting & community solutions. We help brands, companies, associations and not-for-profits solve their challenges, bringing their people together to shape their tomorrow. MCI is an independently owned company headquartered in Geneva, Switzerland, with a global presence in 60 offices across 31 countries. www.mci-group.com About Cloud Conventions Cloud Conventions is a Virtual Trade Show and Conference Platform from Convey Services that brings new capabilities to a marketplace looking for solutions to replace the thousands of live trade shows, annual conferences and association meetings cancelled in the wake of COVID-19. Cloud Conventions automates exhibitors and virtual booths, attendee registration, speaker sessions and reminders, invitations and email communication, while at the same time producing detailed analytics on attendee, session and exhibitor activity. Trade Associations and event managers can explore all of the Cloud Conventions solutions by visiting https://cloudconventions.com or contacting info@cloudconventions.com or call 888-975-1382. Contact Details Convey Services Bruce Ahern +1 770-580-0810 bahern@conveyservices.com Company Website https://cloudconventions.com

March 10, 2021 02:15 PM Eastern Standard Time

Fintech MarketFinance reaches profitability as it returns a record start to the year

Stockwood Strategy

Fintech business lender MarketFinance has kicked off 2021 with a significant increase in lending volumes. Year to date, MarketFinance has deployed over £64m in business loans and invoice finance to businesses across the UK. This is up 50% from the same period last year. As a CBILS accredited lender by the British Business Bank, MarketFinance has been at the forefront of supporting SME businesses throughout the COVID-19 pandemic. Profit landmark MarketFinance has played a pivotal role in supporting SMEs. It has provided over £2bn to the most underserved businesses, giving them access to the working capital they need. MarketFinance announced that it turned profitable in February 2021 and will continue to grow at pace as the business scales products and operations. Anil Stocker, CEO at MarketFinance said: “The pandemic has sped up digital adoption across large parts of our society. Business lending is no different. We are seeing a continuing need to provide fast, easy-to-access, digitally available funding solutions to SMEs across all sectors within the UK. Fintech lenders such as MarketFinance are well placed to help power the post-Covid economic recovery across the country.” Partnerships In reaching a wide range of businesses, MarketFinance has deepened its 2018 partnership with Barclays Bank helping more of their business banking customers with invoice finance funding. In September 2020 MarketFinance also partnered with fellow fintech Ebury to ensure SMEs across the UK were able to quickly access the emergency lending, offering loans and revolving credit facilities to Ebury’s UK SME base. Aligning with their £10m BCR commitments, MarketFinance is continuing to partner with high-street banks and business platforms to enable more businesses to access the right financial solutions for them. Anil Stocker added: “A key part of our strategy is partnering with organisations who want to improve access to finance for their business customers. Our mission has always been to give SMEs a fair playing field for them to get access to working capital. We’re now working with partners to embed our finance technology within their platforms, allowing their customers quicker and easier access to the working capital they need.” ENDS Notes to the Editor About MarketFinance MarketFinance is a busi ness finance company with offices in London and Manchester. The online platform enables businesses to access a range of flexible finance solutions - quickly and easily. This smart technology is backed by help from real people so business owners can save time and focus on growing their business. Since 2011, MarketFinance has cumulatively advanced over £3 billion to companies across a range of sizes and sectors, providing working capital and finance for everything from paying staff and suppliers to launching new products or services and accelerating growth. MarketFinance is backed by Barclays, Mouro Capital, European venture capital fund Northzone (invested in Klarna, iZettle and Trustpilot), and private equity group MCI Capital (also invested in iZettle, Azimo and Gett). Contact Details MarketFinance Bilal Mahmood +44 7714 007257 b.mahmood@marketfinance.com Company Website https://marketfinance.com/

March 10, 2021 05:00 AM Eastern Standard Time

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Cloudrise Accelerates Growth

Cloudrise

Cloudrise conquered the seemingly impossible in 2020, launching a new company amid a pandemic and economic downturn. Despite those challenges, we are pleased to announce their hard work paid off and Cloudrise is reporting a successful year one in business. Combining decades of data protection expertise with automation, Cloudrise focuses on securing data wherever it resides. Their data-centric approach to cybersecurity and use of automation enables Cloudrise to secure organizations’ data during their digital transformation journey. After launching the company in October 2019, Cloudrise went on to secure capital investments through a network of seasoned cybersecurity investors, and deliver automation-centric data protection services to over 50 customers. “The team at Cloudrise started this journey 17 months ago with an overriding focus and commitment to delivering value to our customers. Fueled by impactful partnerships and a relentless push for innovation, every day we strive to solve complex data protection and privacy problems. As we expand our data protection capabilities in the areas of in complex cloud and hybrid computing environments, as well as utilize automation to solve enterprise data protection problems, Cloudrise is well-positioned to become a global market leader in the area of scalable and effective data protection programs,” said Rob Eggebrecht, CEO and co-founder at Cloudrise. In 2021 the momentum continues to build as Cloudrise adds new customers across the globe, and expands team coverage across North America and Europe. They recently raised additional capital to help to fund growth and innovation, with the Greater Colorado Venture Fund (“GCVF”) leading significant investment in Cloudrise. The GCVF invests in early-stage startups headquartered across the state of Colorado, outside of the Front Range. “The innovative nature of the Cloudrise leadership team, and commitment to the communities of the Western Slope of Colorado, made for a perfect fit with our mission,” said Cory Finney, Partner at GCVF. In December, Cloudrise moved their headquarters from Denver to Grand Junction, CO. In doing so they have partnered with the Grand Junction Economic Partnership (“GJEP”), Economic Development Council of Colorado (“EDCC”), and Colorado Mesa University because their missions align. “Cloudrise embodies the community spirit that we seek from businesses who startup, expand, or relocate here. EDCC, an organization who promotes effective, responsible economic development, applauds Cloudrise’ decision to base its company in Grand Junction,” said Kim Woodworth, Operations Director with the EDCC. “This move will be a catalyst to growing an industry that will support Grand Junction’s effort in diversifying its economy.” One of Cloudrise’s goals is to create opportunity, revenue, and employment in rural communities of Colorado. “We are thrilled to officially welcome Cloudrise to our community. The founding team at Cloudrise has an esteemed reputation in major tech hubs like Silicon Valley and Boston. Their choice to relocate to Grand Junction will help attract more cutting-edge businesses, encourage skilled talent to move here, and grow our reputation as a rising tech hub,” said Robin Brown, Executive Director at the GJEP. Cloudrise is committed to delivering high-value, innovative solutions to its customers in the areas of data protection, automation, and data privacy, while driving opportunities for members and business partners within their community. About Cloudrise Cloudrise was founded by business and security entrepreneurs with experience in global markets, successful start-ups, and Fortune 500 companies. Combining decades of data protection expertise with automation, Cloudrise focuses on securing data wherever it resides. They assist organizations by assessing, enabling, automating, and managing their data protection and privacy programs. At Cloudrise, they are redefining data protection. Cloudrise can be found at www.cloudrise.com or on LinkedIn. Contact Details Cloudrise Jodi Lewis +1 800-917-7619 sales@cloudrise.com Company Website https://cloudrise.com/

March 09, 2021 11:11 AM Central Standard Time

Survey Reveals Historic Rise in Employee Pressure and Retaliation in the Workplace amid the COVID Pandemic

Ethics & Compliance Initiative

The Ethics & Compliance Initiative (ECI), the standard conveyor for responsible ethics & compliance practice in the workplace, today released its Global Business Ethics Survey® (GBES®) report, The State of Ethics & Compliance in the Workplace: A Look at Global Trends. The report summarizes responses from a cross section of employees around the world, and examines the continued challenges in regards to workplace culture and ethical behavior in what was an unprecedented year for business. The report marks the 27th year of implementation of the study. The report revealed a series of divergent trends, most notably the record 20-year high for employee pressure in the U.S. in contrast with what proved to be the highest percentages ever for reporting of misconduct. Additionally, retaliation for reporting reached a record high. Another important trend was the percentage of employees who say they work in strong ethical cultures which has trended up over the last 20 years. Historically the GBES research has shown that culture is positively affected by the implementation of effective ethics & compliance programs. In strong cultures, pressure, misconduct and retaliation for reporting are significantly reduced. “As we endure one of the most difficult periods in history, employees around the world are in need of attention,” said Dr. Patricia Harned, Chief Executive Officer of ECI. “While there is cause for optimism the enormity of this task cannot be overstated. The starting point is the creation and establishment of a sound ethics & compliance program, one which focuses on culture, which the research shows reduces the likelihood of wrongdoing.” Highlights of the report’s core findings: Culture strength is among the highest it has been in the U.S. in over 20 years: Slightly more than one in five U.S. employees (21%) were in workplaces with a strong ethical culture, an indication that more organizations are implementing effective ethics & compliance programs. The global median for strong cultures was 14%. Employee pressure reaches the highest level since 2000: U.S. respondents indicated a sharp increase in employee pressure, indicating more employees are experiencing pressure to violate their organization’s ethics standards than in previous years. This is likely due, at least in part, to the COVID-19 pandemic which caused significant organizational changes. ECI research has shown that periods of intense organizational change leads to increased pressure on employees to bend the rules. Employee pressure has also increased globally since ECI began surveying employees worldwide in 2015. The rate of observed misconduct has remained relatively steady over the past 20 years: Although the rate of observed misconduct in the U.S. increased very slightly since 2017, it had trended down since its peak in 2007. Global results indicate a slight increase since 2019 as well. Employee perceptions of retaliation after reporting misconduct escalates to record high: In the U.S., rates of retaliation have more than tripled since 2013; they have almost doubled globally since 2019. The Global Business Ethics Survey was fielded from August to September 2020. Employees in 10 countries were surveyed with responses from 14,000 employees worldwide. To download your copy of the report, click here. About the Ethics & Compliance Initiative The Ethics & Compliance Initiative™ (ECI™) has a mission to empower individuals and organizations to build and sustain high-quality ethics & compliance programs. Established in 1922, the organization comprises the two oldest nonprofits in the ethics & compliance industry. As an association, ECI brings together ethics & compliance professionals and academics from all over the world to share techniques, resources and exciting new ideas. Through its research, ECI identifies the practices that improve ethics & compliance program effectiveness and build institutional culture strength. ECI also has an established track record of providing support to organizations seeking to transform their cultures, often in the wake of significant challenges with noncompliance. Through its membership, ECI represents entities across nearly every industry, located in 37 countries on six continents each dedicated to promoting the highest levels of integrity. Visit www.ethics.org to find out more about our research, membership or funding the GBES. The GBES is made possible with the support of its funders: Altria, BP, Deloitte, Emergent Bio Solutions, GE, GSK, Johnson & Johnson, KPMG, Leidos, Merck and PG&E. Contact Details Brawner Communications William Brawner +1 202-329-1389 william@brawnercommunications.com Company Website https://www.ethics.org

March 09, 2021 11:00 AM Eastern Standard Time

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News Release

Statement from Nick Desai: Co-Founder of Heal

Nick Desai

The following is a statement from Nick Desai, Co-Founder of Heal: " It's with great sense of appreciation and high hopes for the future that I announce I've stepped down as CEO of Heal. As I catch my breath from Heal, I am thinking about who's going to create the healthcare solution that is used not by 100,000 or one million, but rather 100 million Americans. In the six years of building Heal and my 30+ year professional career, I know more than anything that education and equal access - especially to Americans who are economically or demographically disadvantaged, ethnic minorities and others who struggle with getting even the most basic healthcare - are desperately needed and my hope is to help improve access to innovations and information that will help them, most of all. It was recently reported that 85% of telehealth users come from households with an income over $150,000 - meaning much work remains in creating truly accessible, effective solutions that are equally and easily available to those who need it most. As of now, I am an entrepreneur again. And, of course, I am an enthusiastic supporter of Heal, its team and mission. I am incredibly proud of what my wife and Co-Founder, Renee, and I built at Heal. We transformed healthcare with innovat ive solutions like doctor house calls, one-touch telehealth and upfront price transparency, that enable better healthcare for all. Looking back and seeing things we invented as industry standard best practices is very gratifying. While my role as CEO has been passed on to my successor Scott Vertrees, Renee remains the Chief Medical Officer of Heal and driving force of Heal's continued innovations and of the excellent, life-changing patient care Heal delivers every day. More than the awards Heal won, or the investors I brought to Heal, such as Lionel Richie, Fidelity, Breyer Capital and Humana, or the 250,000 patients we have served, I am most proud of the dozens of letters, postcards and emails from everyday Americans saying we saved the lives of their parents, kids and loved ones. Thank you to everyone who's contributed to the growth and success of Heal. Looking back, I can barely imagine we went from Renee and I going house to house to Heal being available to nearly 150MM Americans in 11 US States. I look forward to the future and know Heal will continue to do great things as I focus on helping solve more problems impacting healthcare in America." Contact Details NRPR Group Nicole Rodrigues +1 424-421-9610 nicole@nrprgroup.com

March 09, 2021 05:00 AM Pacific Standard Time

NeurologyLive®, in Partnership with the Consortium of Multiple Sclerosis Centers, Launches MS Cure Connections® Video Series Program

NeurologyLive

NeurologyLive®, a multimedia platform dedicated to providing health care professionals who treat neurological diseases with direct access to expert-driven, practice-changing news and insights in neurology, has launched multiple sclerosis (MS) Cure Connections® video series program in partnership with the Consortium of Multiple Sclerosis Centers (CMSC). The first video series, titled “The Multiple Sclerosis Patient Journey”, features an expert panel including June Halper, M.S.N., APN-C, MSCN, FAAN, chief executive officer of CMSC, who serves as moderator; Patricia K. Coyle, M.D., professor of neurology, vice chair of clinical affairs and director of the MS Comprehensive Care Center at Stony Brook University Medical Center; Frederick W. Foley, Ph.D., clinical psychologist at the MS Center at Holy Name Medical Center; and Ann Moore, a patient with multiple sclerosis (MS), and her care partner, Kathy Zelles, who give their perspectives on various facets of multiple sclerosis. “These past several months our partnership with the CMSC has escalated to producing and disseminating extremely important education for neurology professionals everywhere,” said Mike Hennessy Jr., president and CEO of MJH Life Sciences™, the parent company of NeurologyLive®. “With the CMSC being the ongoing resource for all those affected by multiple sclerosis, it was only right to launch an MS Cure Connections® video series program with them. Through this series, the health care team and the patients and families who receive MS care will get expert perspectives on hot topics in MS that will lead to improved patient care and outcomes.” As part of the second video series, NeurologyLive® and CMSC will host a live, interactive webcast titled “Strategies for Managing Advanced Disease in Multiple Sclerosis during COVID-19” on Tuesday, March 23 at 7:00 p.m. EST. This innovative program will provide health care professionals, patients and care partners with a detailed patient journey in managing progressive MS. It also will discuss the use of telehealth for diagnosis and treatment, review the pharmacologic management of progressive MS and address quality of life, complementary and natural therapies for symptom control, and support networks for patients, caregivers and clinicians. To register, click here. Halper added, “This new video series and expanded collaboration with NeurologyLive® is helping us keep the worldwide health care professional community informed and engaged about MS in creative and productive ways.” For more information and to view the “The Multiple Sclerosis Patient Journey” video series, click here. About NeurologyLive® A multimedia platform for health care professionals treating neurological diseases, NeurologyLive® delivers direct access to practice-changing news and expert insights directly from top medical conferences and researchers to improve the lives of patients with neurological diseases such as dementia and Alzheimer disease, epilepsy, headache and migraine, movement disorders, multiple sclerosis, neuromuscular diseases, sleep disorders and stroke. The NeurologyLive® platform offers an in-depth look at the hundreds of new treatments in development with ever-expanding mechanisms of action, all during an unprecedented time of growing demand for neurology expertise. The NeurologyLive® platform also connects visitors with the most up-to-date clinical trial results, FDA approvals, practice-changing research and expert insights. NeurologyLive® is a brand of MJH Life Sciences ™, the largest privately held, independent, full-service medical media company in North America, dedicated to delivering trusted health care news across multiple channels. About Consortium of Multiple Sclerosis Centers (CMSC) The Consortium of Multiple Sclerosis Centers (CMSC) is the largest North American multidisciplinary membership organization dedicated to defining and advancing the standard of care of MS patients. Its mission is to promote high-quality MS care through education, training, clinical research, networking and targeted advocacy efforts. The CMSC includes a professional network of 13,500 health care clinicians and scientists worldwide. The membership represents the full spectrum of MS health care professionals: physicians, nursing professionals, advanced practice clinicians, pharmacists, rehabilitation and mental health professionals, researchers and patient advocates. The work of the CMSC directly influences the quality of care for hundreds of thousands of people living with MS. Contact Details NeurologyLive® Media Alexandra Ventura +1 609-716-7777 aventura@mjhlifesciences.com CMSC Media Annie Scully 201-310-9252 annie.scully@mscare.org Company Website https://www.neurologylive.com/

March 08, 2021 01:09 PM Eastern Standard Time

CMMC Center of Excellence Announces Engagement Agreement with HKA Technology Solutions

Interoperability Clearinghouse

The Cybersecurity Maturity Model Certification Center of Excellence ( CMMC COE ), hosted by the Information Technology Acquisition Advisory Council (IT-AAC), a public-private partnership serving the public and private sectors for more than 15 years, is excited to announce a partnership with HKA Technology Solutions, an IT Governance, Risk, and Compliance (GRC) consulting company providing a wealth of GRC solutions for clients from the U.S. Government to the private sector. This unique partnership will extend efforts to identify and include proven capabilities within the CMMC COE Marketplace to improve cybersecurity protection and resilience for the global defense industrial base network of contractors, vendors, and suppliers. By facilitating results that customers want to reduce costs and risks, HKA provides the CMMC subject matter expertise that creates business value co-creation to help the DIB contractor think critically about establishing, documenting, and testing their CMMC administrative, technical, and physical controls to support the nation’s warfighters. Furthermore, HKA uses a unique Service Value System (SVS) to ensure that within the CMMC Practices and Processes Lifecycle, DIB CMMC practices and processes continuously co-create value with all stakeholders. The executed Engagement Agreement establishes a collaborative engagement between HKA Technology Solutions and the CMMC COE to partner in the furthering of their respective and complementary missions and objectives regarding the adoption, use, and expansion of CMMC based cybersecurity practices, risk management, and compliance for the DIB contractor, vendor, and supplier community of providers creating a broader CMMC ecosystem globally to improve security and resilience. Specific actions will include: The co-development of CMMC advisory services, cyber training and education programs to accelerate CMMC certification, increase cyber adoption and improve cyber protection & resilience. Co-sponsor symposiums, training programs and podcasts leveraging their combined cyber and IT expertise. Host regular working groups, with other partners, to enable collaboration and communications. Establish an independent Industry Cyber Security Advisory Council with peer organizations to advise and educate leaders across government and industry on the continued evolution and effectiveness of CMMC. The CMMC-COE ( http://cmmc-coe.org ) and HKA Technology Solutions partnership will focus on bringing together the many disparate cyber and national security communities of interest to reduce complexity, improve awareness, and accelerate industry effort to become more cyber resilient against the growing threats from nation states and criminal enterprises. “This is exciting opportunity for us”, said Mr. John Weiler, Chairman of the Board at CMMC Center of Excellence, “This new partnership will further help advance the goals and objectives for improving the supply chain security and resilience of the US Department of Defense (DoD)”. "Through the partnership with the CMMC-COE, HKA Technology Solutions scopes, tailors, and publishes CMMC policies, procedures, and standards to safeguard data Confidentiality, Integrity, and Availability for our Defense Industrial Base members who support our nation's warfighters." said Mr. Glenn Axelrod, President & CEO. The CMMC-COE establishes both a Market Place and Knowledge Clearinghouse that will include resources that support the overall effort, including white papers; tutorials; recorded webcasts; presentations; and more that will help reduce the cost and burden on small and medium size contractors already struggling from the impact of COVID. For more information on the CMMC COE, please visit http://cmmc-coe.org, email info@cmmc-coe.org or call 703-863-3766 For more information on HKA Technology Solutions, please visit https://www.hkatechnolgysolutions.com/ About Us ---------- CMMC-COE.ORG is a unique non-profit public-private partnership, with a vision to accelerate Cybersecurity Maturity Model (CMM) adoption, and reduce time & cost for security compliance for our partners by leveraging commercial best practices, CMMC standards, and innovative solutions for a measurable success. Our mission, focused on DOD mission objectives, cost containment and expeditious CMMC compliance, is to help the DIB improve cyber posture and resilience, and simplify its acquisition. The CMMC-COE is hosted by the Information Technology Acquisition Advisory Council (IT-AAC), a public/private partnership (P3) chartered in 2007 as an honest broker to reach outside the confines of the Federal IT advisories that lack dynamic reach into the Global IT Market, and dedicated to the adoption of commercial IT management standards of practice and innovations emanating from the Global IT market. Team IT-AAC has already demonstrated the value of its decade long investment, and provides a unique value to agencies seeking to achieve accelerate the transformation of legacy processes and systems. Our Just-in-Time SMEs apply an innovative suite of Technology Business Management and Agile Acquisition Processes needed to assure the business value of commercial IT. The Interoperability Clearinghouse (ICH), is the managing partner that make up the 24 NGO/SDO organizations that make up the IT-AAC. ICH provides the contract vehicles, clearances, and critical resources proven to guide sustainable, measurable and repeatable processes needed to drive better investment decisions as the speed of mission need, while aligning existing processes, methods and workforce with IT reform mandates contained in Clinger Cohen Act, FITARA, IT MGT Act, EO13838. Contact Details Bob Dix +1 703-975-6633 bob.dix@it-aac.org Company Website https://cmmc-coe.org

March 08, 2021 08:00 AM Eastern Standard Time

Fintern launches consumer lending driven by AI and Open Banking

Stockwood Strategy

The UK consumer lending market is worth £160bn, yet over 15 million people in the UK are denied access to affordable loans. These people are resorting to unsustainable means including high-cost lenders and buy-now-pay-later schemes to manage their lives. Today, digital consumer lender Fintern has launched to radically transform the financial well-being of people with an innovative and sustainable lending approach that goes beyond traditional credit scoring and puts affordability first. Fintern’s next generation credit technology bypasses credit scores in making lending decisions, focusing instead on affordability. Fintern builds relationships with customers helping them to understand how much they really need, how much they can afford to take on, and how they will repay. Fintern integrates its AI platform with Open Banking* to smartly connect the dots in consumers’ banking data enabling Fintern to obtain the most accurate view of borrowers’ affordability and spending behaviour using real time transaction information. Gerald Chappell, CEO and co-founder of Fintern commented: “Fintern will help people to really understand what is affordable for them, rather than offering yet another faceless transactional process. Currently, lenders either lend money or don’t, and then don’t engage with the borrower again until the loan terms ends or payments are missed. “Our success as a lender lies in the ability of our customers to repay their loans. Our AI-powered technology helps us and all our customers to understand their finances in a deeper, more hands-on way than ever before. This approach allows us to increase approval rates, lower APRs and empower our customers to make the best and most responsible borrowing decisions for them.” The approach of banks to personal lending inappropriately results in “computer says no” answers for millions every year. While traditional behavioural credit scoring (the industry’s approach for credit decisioning) works well to separate the highest quality customers from the lowest, it performs poorly in differentiating risk among the majority of people. Often the consumers hardest hit are those who have had historical blips in their credit records or, for example, those people who are new to credit or have moved countries. Dr. Michelle He, COO and co-founder of Fintern added: “We will be closer to our customers than incumbent lenders can ever be, and this will differentiate us in the marketplace. Intelligently integrating AI and Open Banking data disrupts credit decisioning for the better of all customers. Doing it well requires the right experience. Data and technology are Fintern’s bread and butter. We have an amazing team with extensive experience in digital lending and credit analytics. They are customer obsessed and have made the Fintern App a unique experience.” Looking ahead, Gerald Chappell added: “As we emerge from the Covid-19 pandemic, Fintern is needed now more than ever. While many existing lenders are reducing credit supply given the shock to their existing portfolios, Fintern uses high frequency transaction data to understand consumers’ real time financial circumstances and lend responsibly. Over the next 4-5 years, we intend to rapidly grow in the UK building a £1bn loan book alongside broadening our product range and considering expansion to other geographies.” Fintern received its FCA authorisation as a regulated consumer credit lender in February 2021. The co-founders have built an exceptional team that includes credit experts with over 100 years’ experience in finance and technology. Ends * Open Banking regulation requires UK banks to open up customer transaction data in a secure and standardised form, which means the third party providers have access to consumer data from banks via APIs. While the UK is leading globally on Open Banking, adoption is under way in 35 economies. About Fintern Fintern is a digital consumer lender on a mission to expand access to low cost personal finance and transform financial well-being. Fintern’s next generation credit technology bypasses credit scores in making lending decisions, focusing instead on affordability. Fintern builds relationships with customers helping them to understand their repayment capacity and credit appetite. Fintern integrates its AI platform with Open Banking to smartly connect the dots in consumers’ banking data enabling Fintern to obtain the most accurate view of borrowers’ affordability and spending behaviour using up to the minute transaction information. Fintern was founded in 2020 with a team from McKinsey, EY, Bank of America Merrill Lynch, HSBC and XiaoMi. Fintern is authorised and regulated by the Financial Conduct Authority, firm reference number 929244, a member of Cifas (the UK's leading anti-fraud association) and registered with the UK Information Commissioner's Office in compliance with the Data Protection Regulations 2018. Contact Details Fintern Bilal Mahmood +44 7714 007257 press@fintern.ai Company Website https://fintern.ai/

March 08, 2021 06:00 AM Eastern Standard Time

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CORRECTING AND REPLACING: GoGetVax Streamlines COVID-19 Vaccine Distribution

GoGetVax

GoGetVax, the first end-to-end COVID-19 vaccine technology platform in the United States launched today. Currently available in Texas’ Rockwall and Brownwood Counties with expansion across the country coming soon, GoGetVax continues the citizen-powered healthcare response needed to beat COVID-19 and provides critical information and processes to enable medical providers, local governments and independent pharmacies to seamlessly manage vaccine operations. GoGetVax also provides citizens with an intuitive portal to review their eligibility for a COVID-19 vaccine, pre-register, receive real-time updates on vaccine availability, and schedule a vaccination appointment. GoGetVax’s all-in-one solution offers free FDA-approved COVID-19 vaccinations and provides consistent delivery of data and provider/patient communication. "Our mission is to optimize the vaccination process, eliminate bottlenecks and reduce waiting times,” said GoGet, Inc CEO Mohammad Gaber. “We've taken the lessons, practices and policies from scaling GoGetTested to roll out GoGetVax and create an efficient, seamless and safe experience to provide mass vaccinations. We’re committed to orchestrate and spur the distribution of vaccine doses to quickly vaccinate as many people as possible and help protect U.S. residents from the effects of COVID-19.” GoGetVax’s operating system ensures a simpler path to managing COVID-19 vaccinations for consumers and public health professionals alike. Providers can also use the platform to handle patient communication, such as notifying a person to schedule their first shot or reminding them to come in for a second dose. For communities with existing COVID vaccination programs in place, the GoGetVax platform is lab-agnostic and can seamlessly integrate with existing healthcare platforms to create a citizen-friendly healthcare experience for local residents. Additional key features of the GoGetVax platform include: Cohort Management: GoGetVax presents appointments based on pre-existing conditions. Users fill out the survey and receive information on what is available based on comorbidities. Waitlist/Standby Feature: When there is additional vaccine inventory, a notification will be sent to those people on the waitlist. Digital Certificate: Integration into Apple Passport and all apps certifying vaccination. Vaccine Reporting: GoGetVax makes it simple to transmit vaccination records and patient data as required by the CDC, state and local governments. For more information on GoGetVax, including testing locations and scheduling a vaccination, visit https://www.gogetvax.com/. About GoGetVax GoGetVax is the easiest way to vaccinate your communities through a complete end-to-end technology platform designed for vaccine administration. The GoGetVax COVID-19 vaccination experience will help keep the nation’s communities and economies open and safe. GoGetVax’s COVID-19 response units ensure geographical reach to rural areas and fast activation in virus hotspots. For more information, visit http://gogetvax.com. Contact Details Trust Relations April White +1 323-216-8589 gogettested@trustrelations.agency Company Website https://www.gogetvax.com/

March 04, 2021 02:17 PM Eastern Standard Time

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