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How Mutual Funds And Self-Directed Investing Go Hand In Hand

Benzinga

By Gerelyn Terzo, Benzinga The investment world has experienced a significant transformation over the last 20 years. Technology innovation has made it possible for individual investors to trade from the comfort of their own homes, using a computer or even a mobile device thanks to the rise of money apps. And while trading securities is more accessible than ever before, investing can seem overwhelming when you don’t know where to begin. Nevertheless, more people are dabbling with day trading these days, especially since the pandemic. The number of stock market traders increased from 15% in 2019 to 25% in 2021, and retail investor sentiment hit an all-time high in early 2023 buoyed by the opportunities presented by AI. But picking winning stocks from the multitudes available and trying to time the markets regularly can be a losing game for many. Fortunately, mutual fund investing offers a different approach that can help with these concerns. In a nutshell, mutual funds are investment products that provide exposure to a basket of carefully picked securities. As a result, investors don’t have to worry about choosing individual stocks or bonds. Mutual funds harness the capital of many investors, following a specific strategy to reach clearly defined goals, and also serve as a gateway toward investors eventually making their own calls. According to the Investment Company Institute (ICI), over half ( 52.3% ) of American households owned mutual funds in 2023, most of whom used them as a way to save for retirement. Mutual funds are popular for many reasons, not least being: Wealth Building: Mutual funds have played a key role in generating wealth for families over the last 100 years, thanks to their ability to potentially deliver desirable returns with relatively lower effort. Financial Security: Mutual funds introduce investors to investment options that they might otherwise miss out on, increasing the chances of reaching financial goals. Diversification: Mutual funds allow investors to gain exposure to any combination of securities across jurisdictions and sectors of the economy. Whether it’s technology stocks, bonds or emerging market securities, there’s a mutual fund for that. Mutual funds fall into one of two buckets: open-ended or closed-ended funds. While both types offer investors diversification and securities handpicked by a professional portfolio manager, but there are nuances between them. Open-Ended Funds: The lion’s share of mutual funds falls into this category. Open-ended means new shares are constantly being issued to replace existing shares being bought and sold in circulation. There’s no cap. The price of the fund reflects the net asset value, or NAV, comprising the fund’s assets less any liabilities. Investors buy and sell open-ended mutual funds based on the net asset value per share of the fund. Considering the set number of shares in an open-ended fund, the price tends to remain stable. Closed-Ended Funds: These mutual funds also trade in the financial markets but are more akin to stocks or exchange-traded funds (ETFs). After amassing capital for the fund, the issuer offers a set number of shares in an initial public offering (IPO) that trades, closing the door to new cash to run the fund. Fund prices change during the trading day and therefore can be more volatile, either hovering at a premium (above) or discount (below) NAV. Axos Invest Has You Covered With A Self-Directed Account There’s no shortage of ways to invest in mutual funds. But if you are looking to gain greater control over your financial future, consider a self-directed account like the one offered by Axos Invest, the investment arm of digital banking pioneer Axos Bank. Direct investing means you get to decide when you’re ready to invest. With the exception of the online platform on which you’re investing, there’s no third party between you and the markets to tell you when and how much to allocate. At Axos Invest, this means accessing a straightforward platform as well as commission-free investments including mutual funds. Investing in mutual funds through an Axos Invest self-directed account gives you the best of both worlds: an opportunity to stay in the driver’s seat of your portfolio and the potential to achieve your financial goals. At Axos, you’ll find access to over 10,000 mutual funds on an intuitive trading platform, plus a host of other services that Axos says other brokers can’t provide. At Axos, you can forget about high fees, thereby allowing you to reclaim your investment independence. In addition to commission-free trading, an Axos Invest self-directed trading account includes features like minimum balance requirements that typically hover at $100 (many mutual funds have lower minimums). As a result, one-share purchases in mutual funds are permissible in many cases. And if you’re looking to achieve the compounding effect, similar to dividend investing, take advantage of Axos Scheduler to set up an automatic contribution plan and grow your account. Once you dip your toes into self-directed investing, you’ll find that Axos will be by your side the entire way. Their streamlined platform unifies your accounts in one place, making self-directed mutual fund investing as simple and efficient as possible. Plus, you won’t have to leave the platform to perform due diligence on funds because market data and research are only a few clicks away. When it comes time to decide on a fund, you complete the trade how you see fit. Consider opening an Axos Invest account today, which you can do in a matter of minutes, so you can experience all the benefits that mutual fund investing from a self-directed account has to offer today. Featured photo by QuinceCreative on Pixabay. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 06, 2024 08:45 AM Eastern Daylight Time

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THE ANNUAL BELLAMI SHOWCASE RETURNS SEPTEMBER IN VEGAS

BELLAMI

BELLAMI is thrilled to announce the return of The BELLAMI Showcase in Las Vegas September 29 th to October 1 st 2024. This one-of-a-kind event brings hair stylists and extension artists from around the world together to experience creative inspiration and cutting-edge education. BELLAMI will also honor standout stylists through THE BELLAMIs, the hair extension industry’s only awards for artistic and technical merit. “We are excited to bring back an event that celebrates the artistry and innovation within the hair extensions industry. It is a unique platform for stylists and extension artists to connect and learn from each other,” says BELLAMI President Mary Burns. “We are the only extension company to host an event this large and this year’s showcase will be the first glimpse into our diverse range of Advanced Education offerings for 2025 and provide a sneak peek into several new innovations including a collection that will expand our offerings to a broader, more inclusive audience.” The three-day event takes place at The Palms Hotel, Las Vegas, and encompasses informative mainstage presentations, business panels, advanced hands-on classes and networking events including a celebratory party. Event presenters and educators are some of BELLAMI’s most distinguished high profile stylist partners: Hair Extension Master & Business Mogul Eric Vaughn, Luxury Bridal Hair Expert Senada Ceka, Viral-Haircutting Authority Justin Toves-Vincilione, Mega Celebrity Stylist, Andrew Fitzsimons, Certified Financial Educator and Beauty Finance Group Founder, Anna Manukyan and Blonding Specialist, Sabrina Bias. Color artist & expert in curating engaging content Carlos Rojas will serve as Master of Ceremony. Jessica Iozzo and Caitlin Meehan will join the business panel to share their experience building successful businesses out of hair extensions. The dynamic mainstage presentations and business panels, accessible to all General Admission and VIP guests, will encompass stimulating visuals on cutting edge styling techniques, recounts of the personal journeys from some of our most successful partners, and illuminating discussions on trending topics within the extension business industry. The advanced ‘Look & Learn’ classes will take a deeper dive into these subjects and are available with an additional ticket purchase. Guests can purchase bundled packages to attend up to three courses at a discounted rate. The ‘Look & Learn’ classes serve as a pilot program for a comprehensive educational series in 2025 and provide real-time feedback on what BELLAMI’s audience is most excited about. This initiative re-engages over 20,000 stylists who have already participated in past BELLAMI Master Classes while attracting a broader audience of extensionists eager to enhance their skills and delve into specific niches within the extensions industry. Classes include: In-Depth Education: Stylists will have the opportunity to delve deeper into Main Stage presentations, advancing education with up to three exclusive extension-focused courses in a single day. Personal Interaction with Industry Leaders: Attendees will enjoy an intimate setting with a maximum of 100-200 participants, a stark contrast to the Main Stage Showcase's 1,000+ audience. This allows up-close and personal interactions with industry leaders who inspire their community on social media. Exclusive Preview: Participants will get a first look at new educational content that may be added to the Bellami Academy Advanced Education curriculum in 2025. This might be the only chance to experience these courses taught by the masterminds themselves - an opportunity not to be missed. Topics incorporate: Mastering Extension Methods with Eric Vaughn Using Eric’s exclusive professional collection of K-Tip, Flex Weft, and Tape-In extensions, he will showcase his expert techniques in seamlessly mixing shades to achieve flawless blends and transitions. Focusing on precision and innovation, Eric shares insights from years of experience as a distinguished salon owner and hair stylist. This class will offer a first look at some of BELLAMI’s top secret launches. Bridal Hair & Ultimate Bridal Styling with Senada Ceka Known for her breathtaking bridal looks, Senada Ceka showcases how to achieve wedding styles of the elite and famous using BELLAMI Silk Seam Clip-in Hair Extensions. This is a rare opportunity to witness the mastery behind her famous Hollywood waves and her unique ability to infuse modern flair in any style. Cutting Techniques with Justin Toves-Vincilion e Enter the world of flawless haircutting with Justin, one of the industry's most respected and sought-after hairstylists. With his renowned expertise in creating undetectable seamless blends, Justin reveals his unparallelled artistry as he unleashes the innerworkings of some of his greatest cutting masterpieces. Class-goers will leave with an elevated skill set to deliver 100% guaranteed client satisfaction. Iconic Styling with Dhairius Thomas and Kendall Dorsey Catch a glimpse into the thrilling life of being a set-stylist to celebrities like Rihanna & Kehlani. These two celebrity stylists share their secrets on how to think on your toes in a fast-paced environment and how to use your long-time fan-favorite products BELLAMI Silk Seam Clip-In Extensions and the latest BELLAMI innovation, "The Ponytail" by BELLAMI x Andrew Fitzsimons. THE BELLAMIs Awards will take place on Monday, September 30 th, 2024, announcing winners across eight categories: Best Transformation Before/After Photo, Best Transformation 1-min Video, Best Under-The-Hood, Best Cut 10-sec Video, Best Editorial Look, Best Bridal Look, Most Innovative Technique, and BELLAMI’s Choice. Winners earn a cash prize of $3,000 each and are celebrated on BELLAMI’s social media channels, email distribution, and Bellamiprofessional.com. THE BELLAMIs are open to all BELLAMI independent stylists, salon owners and educators. The BELLAMI Showcase and class tickets are available for $149 (Early Bird), $199 (General Admission), $399 (VIP), and $299/Class. Individual and salon bundles are available ranging from $699 to $1,399. For tickets to The BELLAMI Showcase, visit Bellami Awards - BELLAMI PROFESSIONAL. ABOUT BELLAMI Founded in 2012, BELLAMI is the #1 hair extension brand in the world with the broadest color assortment in the industry. With complete control over their ethical sourcing, manufacturing and quality processes, BELLAMI ensures sustainability and high-performance with its range of luxurious, full-cuticle 100% Human Remy hair extensions. BELLAMI's products for consumers and salon professionals include clip-in extensions and the four pro hair extension methods - sew-in wefts, tape-ins, keratin tips, i-tips. BELLAMI products are available at BELLAMIHair.com and BELLAMI Beauty Bars across the US. BELLAMI is headquartered in Los Angeles, California. ABOUT BEAUTY INDUSTRY GROUP Established in 2004, Beauty Industry Group is an industry leader for professionally installed and DIY hair extensions and related beauty products. Beauty Industry Group's professional products are sold in more than 1,200 stores throughout North America and its collective brands service more than 30,000 salons across over 165 countries. Beauty Industry Group has offices in 6 countries and is headquartered in Salt Lake City, UT. Contact Details Linsey Tilbor Rubin +1 732-991-5294 ltilbor@rellmc.com Katharine Pape +1 917-515-6165 kathy@papepr.com Company Website https://www.bellamihair.com/

August 06, 2024 08:43 AM Eastern Daylight Time

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Oil Demand Isn't Going Away, But Does It Have To Be At The Expense Of The Environment? Sky Quarry Says "No"

Benzinga

By Meg Flippin, Benzinga The world may be getting greener, but oil demand continues to grow, and even after the COVID-19 slowdown, demand is back to the pre-COVID trend “even amid muted expectations for global economic growth this year and increased deployment of clean energy technologies,” according to the IEA. After all, oil is needed to manufacture countless everyday products from bicycle tires to shoes. That won’t go away anytime soon, given the U.S. seems to be in a manufacturing surge and consumers are still spending – investments in manufacturing buildings, driven by the computer, electronics and electrical markets, have doubled since 2021 and show no signs of slowing. Byproducts from oil include ingredients that are used in everything from our cars, electronics, manufacturing, to beauty products and lifesaving pharmaceuticals. But even though oil continues to be in demand, it doesn’t mean producing it has to come at the expense of the environment. Green energy companies are transforming how oil is produced and are working to create an emissions-free future. One company that’s garnering attention is Sky Quarry Inc. The clean energy company is on a mission to convert discarded asphalt roofing shingles into a sustainable energy source. Are Asphalt Shingles The Answer? About 15 million tons of discarded asphalt shingles end up in landfills each year, taking as much as 300 years to break down. Those shingles are comprised of 25% asphalt bitumen oil. That’s the equivalent of 20 million barrels of oil being dumped into landfills every year, says Sky Quarry. That’s a lot of oil that can help the U.S. with its quest for new sources of sustainable fuels and energy and to power the manufacturing boom. The potential may be even bigger thanks to the $65 billion Infrastructure Bill passed in November 2021, which was the largest investment in clean energy transmission and the electric grid in American history. Part of the money is earmarked to repair 173,000 miles of roads and 45,000 bridges in poor condition. That, according to Sky Quarry, requires almost 52 million tons, or over 311 million barrels, of asphalt bitumen. So how is Sky Quarry extracting all this asphalt bitumen oil? Via PR Spring, a recently acquired like new bitumen extraction facility in Utah that the company bought for what it says is pennies on the dollar. Sky Quarry paid $3.5 million for the oil sands facility that cost over $50 million to build. The oil sands facility comes with mineral leases, which the company says hold about 180 million barrels of heavy oil valued at $166 million based on an independent updated engineering report completed in 2022. In late 2022, Sky Quarry bought the Eagle Springs Refinery in Ely, Nevada for $11 million. Sky Quarry says building a comparable refinery would cost over $70 million today. That refinery earned revenues of $50 million in 2023. Sky Quarry now owns one of a handful of oil refineries in the western states and estimates it can process 4,500 to 5,000 barrels of bitumen oil a day. To learn more about Sky Quarry’s refineries and extraction process click here. Extracting The Oil Through A Proprietary Process At these facilities, Sky Quarry will be putting its patent-protected ECOSolv technology to work enabling the company to recover bitumen embedded inside of discarded asphalt shingles and convert it into a cost-saving product that the company reports performs as well as using virgin materials. With Sky Quarry’s process, the post-ground waste asphalt shingle or WAS is fed into the mixing bin and mixed with the company’s proprietary solvent. Next, WAS and the solvent mixture are agitated into a fluid slurry that dissolves the asphalt bitumen. The Sky Quarry solvent makes solids sink while the separated bitumen and solvent mixture rises and the remaining fluid is heated to separate the solvent from the oil. Clean bitumen flux is then sent to storage tanks and the solvent is captured for reuse. The company controls three bitumen processing patents and is confident in its ability to start commercializing this recycling technology and roll it out to the recovered asphalt shingle market. According to Sky Quarry, every ton of recovered asphalt shingles is equal to 1.5 barrels of oil worth roughly $140 (assuming a WTI price of $95 per barrel). Including the rest of the recovered solids, Sky Quarry expects every ton of asphalt shingles is expected to be worth about $250 (assuming a WTI price of $95 per barrel). The Potential In Sky Quarry All of this comes as demand for petroleum products for roads and home construction continues to grow, even as supplies have tightened. The U.S. Strategic Petroleum Reserves, contained in four storage caverns along the Texas and Louisiana coasts, are now at the lowest since 1983 at just 350 million barrels. Sky Quarry said it has an oil sands resource estimated at over 180 million barrels or more than half the current strategic petroleum reserve. This is achieved through a process that focuses on resource recovery and efficiency – underscoring the company’s commitment to environmental stewardship and closed-loop principles, which aligns with what many investors are looking for in terms of responsible industry. In addition to potentially revolutionizing the clean market and helping make the world greener, investing in Sky Quarry provides a possibility to capitalize on a potential profitable exit of the company. After all, mergers and acquisitions in the clean energy space are heating up, with the U.S. seeing $9 billion of energy-related corporate takeovers in 2022 alone. The largest in that year was the $4.1 billion acquisition of Archaea Energy by BP PLC (NYSE: BP). Archaea received a 38% premium to its 30-day average trading price from the deal. If the asphalt industry adopts Sky Quarry’s technology, it could have its own profitable exit. Are you intrigued? To learn more about Sky Quarry click here. Featured photo by QiuJu Song at Shutterstock 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. For additional information on the company and risk factors related to the company and its current offering please read the companyâs offering circular. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 06, 2024 08:35 AM Eastern Daylight Time

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BioLumic Pioneers New Seed Traits with Seed Company Partners

BioLumic

BioLumic, the world’s only company treating seeds with light to activate genetic expression for new crop traits, has achieved a breakthrough in enhancing inbred corn lines. These genetically 'pure' parent seeds are crucial for producing the world’s high-performing hybrid seeds favored by most farmers. After achieving significant performance milestones in 2023 field trials, BioLumic is partnering with Beck's Hybrids, Peterson Corn Genetics, Peterson Farms Seed, Breeder Direct and other seed companies to use BioLumic’s G enetic Expression Trait™ light-activated technology on a wide range of inbred and hybrid corn lines aiming to enhance their productivity. The inbred trials specifically target improved germination, emergence, seedling vigor, yield, and hybrid seed quality – all issues often associated when working with inbred seed corn breeding and production. BioLumic harnesses ultraviolet (UV) light signaling, a scientifically-proven process, to rapidly activate natural genetic expression in plants for improved yield, quality, and plant defense traits without requiring genetic modification or chemical additives. BioLumic’s technology is being commercialized for inbred and hybrid corn cultivars, with plans underway for light-treated seeds to be available to farmers for the 2025 planting season. “By activating Genetic Expression Traits in corn parent lines and showing the ability to lock in those traits to hybrid corn progeny without any ensuing treatments, our UV light technology is rewriting the playbook for seed production,” said Steve Sibulkin, BioLumic CEO. “It eliminates years of trait identification and breeding work for driving yield, quality and plant health without the multi-year regulatory process associated with genetic modification.” United States field corn production is dominated by vigorous, high-yielding hybrid cultivars bred from crossing genetically pure inbred seed lines to target specific traits. However, problems experienced with inbreeding depression – including reduced germination, poor seedling emergence and vigor, increased susceptibility to environmental stressors and nutrient deficiency – often result in reduced yields and poor hybrid seed quality during the seed production process. BioLumic’s light treatments for inbred seed are tailored to solve the problems associated with inbreeding depression. In 2023 trials, treated inbred corn lines with the stand establishment and yield trait package demonstrated a more than 7.3% yield gain without any changes compared to the grower’s standard practice – and the company is targeting double-digit yield gains this year. These substantial improvements in inbred uniformity and yield were driven by enhanced early-season germination and increased seedling vigor, including an average 16% advantage in root biomass. BioLumic’s Genetic Expression Traits can also be stacked together as trait packages to target multiple traits, such as improved stand establishment, yield, and composition (e.g. lipid content). “Through our partnership with BioLumic, we are integrating this unique technology into our hybrid and inbred corn lines, evaluating BioLumic’s trait performance on some of our most promising germplasm this season,” said Marc Neuman, Director of Sales and Product Development at Breeder Direct. “Our mission is to deliver elite genetics that give our seed company clients improved margin opportunity. BioLumic’s ability to improve the yield potential of germplasm that is already outstanding creates a big opportunity for us and independent seed companies.” BioLumic is set to commercialize Genetic Expression Traits for both inbred and hybrid corn in partnership with Gro Alliance in Q1 2025. The company is actively collaborating with genetics providers to develop new traits for their cultivars. Additionally, BioLumic is advancing trait development of soybean parent lines, with initial trials commencing this year. Founded in 2013, BioLumic is a U.S. and New Zealand-based agricultural biotech company using light signaling as a programming language for plants, rapidly unlocking Genetic Expression Traits™ for improved yield, composition, quality and health. BioLumic combines biological data, plant science and genetic marker knowledge to mediate plants’ natural genetic expression with a tailored one-time application of ultraviolet (UV) light signals. BioLumic’s Light TreatmentsTM are scalable and require no chemical application, genetic modification, facility expansion or additional input costs. For more information on programming plants with light, see www.biolumic.com or email info@biolumic.com. Contact Details AgTech PR for BioLumic Georgie Smith georgie@agtechpr.com Company Website https://www.biolumic.com

August 06, 2024 08:30 AM Eastern Daylight Time

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JustMarkets Releases Native Trading Inside The App

Benzinga

By James Blacker, Benzinga Globally recognized multi-asset broker JustMarkets implemented in June a major update to its trading app that promises to help traders on the go unlock the full potential of the market. The mobile app, which is available on both Google Play and the App Store, now includes In-App Trading, allowing users not only to stay ahead of market movements but also to seize opportunities anytime, anywhere. Previously, the JustMarkets app could only be used to manage orders. With the development of In-App trading in the June update, users have the entire market at their fingertips and can place new trades directly from the app in real time, meaning they will not miss out on big trading opportunities, wherever they are in the world. Advanced Customer Service The new update is a welcome addition to a modern and user-friendly app that already boasts competitive trading conditions. Traders who choose JustMarkets can enjoy low spreads and low fees, boosting their edge in the markets and ensuring that they can maximize their profit. As Mad Money host Jim Cramer famously says, “There’s always a bull market somewhere.” JustMarkets lets you take advantage of this by offering a diverse range of instruments to choose from, including forex, stocks, commodities, indices, metals and virtual assets – all within a single platform. With the new In-App Trading function, it is now easier than ever to trade this wide array of financial instruments, thereby diversifying your portfolio and letting you possibly capitalize on a variety of market opportunities. JustMarkets also offers 24/7 customer support in multiple languages. This round-the-clock assistance ensures that any difficulties or problems encountered while using the app are addressed promptly, giving traders peace of mind and allowing them to spend more time trading the markets. A Trusted Broker Since its inception in 2012, JustMarkets has earned the trust of millions of clients from more than 160 countries through its competitive pricing, offering low spreads and zero commissions. The company’s dedication to providing reliable services and creating long-term partnerships with traders has garnered it over 50 industry awards. Further highlighting the company’s status as a trusted broker, JustMarkets operates under licenses from various regulatory bodies, including the Financial Services Authority in Seychelles, the Cyprus Securities and Exchange Commission, the Financial Sector Authority in South Africa and the Financial Services Commission in Mauritius. For more information about JustMarkets and to experience the new In-App Trading feature, visit its website or follow it on Instagram, Facebook, X, YouTube, Telegram, and LinkedIn. Featured photo courtesy of JustMarkets. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 06, 2024 08:30 AM Eastern Daylight Time

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HPS/PayMedix Acquires TempoPay to Further Expand and Simplify Healthcare Payments for All

HPS|PayMedix

HPS/PayMedix today announced the acquisition of TempoPay, an innovative payments solution created at Redesign Health that helps employees access medical, dental, pharmacy, and other expenses not paid by their insurance. Together, HPS/PayMedix and TempoPay now offer a comprehensive healthcare financing and payments solution, addressing the issues of health equity, affordability, and the need to simplify the healthcare payments experience. According to the PayMedix Healthcare Payments and Financial Disparities Study, one-third of Americans say out-of-pocket costs (33%) and deductibles (31%) are unaffordable. This figure increases to four in ten for those with a credit score of 669 or less. Further, more than half (52%) of insured Americans said that paying for medical bills has been stressful, with nearly all of them (92%) claiming the stress has affected their physical and mental health. “Healthcare costs are increasingly becoming a disproportionate share of the American household wallet, and we need better solutions to manage the stress this puts on family budgets,” said Tom Policelli, CEO of HPS/PayMedix. “The acquisition of TempoPay underscores our mission to simplify healthcare and create greater health equity by removing the financial barriers that stand in the way of employees getting access to the care they need when they need it; not just when they feel that they can afford it.” TempoPay offers all an employer’s employees’ interest-free financing for health and wellbeing care that overlays their current plans. Once activated by the employee, TempoPay VISA® cards can be used to pay for everything from medical care and prescriptions to vision and dental bills; even vet bills for their pet and other approved health and wellness-related costs not covered by their plans. The employer sets the dollar amount and charge types that will be processed, and employees can repay their bills over time interest-free via payroll or bank account. “TempoPay is the lifeline employees need today so they can access care and maintain their health without fearing high interest bills or avoiding needed care,” Erika Davison-Aviles, CEO and Co-founder of TempoPay said. “We are excited to become a part of HPS/PayMedix’s innovative healthcare payment solution and further our mission to alleviate consumers’ financial pressure. For employers we help maximize the value of their benefits plans, pre-tax accounts, and other well-being programs.” With TempoPay and PayMedix combined, all employees can access interest-free financing for all their healthcare needs. While TempoPay offers immediate financing of everyday healthcare expenses, PayMedix provides complete, uncapped financing for all in-network allowed charges that any employee may owe to providers. All employees are automatically enrolled and PayMedix then pays all participating providers in full. The employees each get a simplified consolidated statement (a SuperEOB) each month and can arrange to pay it on terms that fit their budgets. Participating providers, in turn, are simply paid the full employee balance due automatically and therefore have no bill to collect. Because PayMedix and TempoPay are ‘credit-blind’, all employees, regardless their credit histories, can make their healthcare expenses more manageable. “It’s a fact that 1 in 4 PayMedix members would be unable to get financing for their healthcare based on their credit scores. With TempoPay, we can reach even more members to help them get and stay healthy,” said Brian Marsella, President of HPS/PayMedix. “The powerful combination of PayMedix and TempoPay provides employers with a valuable solution to support their workforce. We have proven that improving access to care drives better outcomes – particularly for lower-income employees. This in turn saves employers money.” About PayMedix PayMedix, which began as the financing arm of Wisconsin-based HPS over a decade ago, is the only company solving the problem of high out-of-pocket costs for everyone -- providers, patients, employers, and TPAs. PayMedix is changing how people access, use, and pay for healthcare by guaranteeing payments to providers and financing for all patients. PayMedix has processed more than $5 billion in medical payments for hospital systems and physician practices and can be implemented in conjunction with any PPO or HMO network. About TempoPay TempoPay partners with employers to help their employees manage their medical costs with interest-free financing and flexible repayment options. With theTempoPay Visa ® card employees can take control of how they pay for healthcare without added stress, providing simple access to the financial security needed for happier, healthier lives. About HPS Health Payment Systems (HPS) is a privately held healthcare technology and services organization with solutions that reduce the cost and complexity of the healthcare payments process to benefit providers, employers, patients and TPAs. Headquartered in Milwaukee, Wisconsin, HPS has an independent network of 100+ hospital facilities and 29,200+ individual providers. Contact Details Kaitlynn Cooney +1 609-351-5944 kcooney@brodeur.com Company Website https://paymedix.com

August 06, 2024 08:00 AM Eastern Daylight Time

NAVEX to Demystify IT Risk Communication at ISACA GRC Conference

NAVEX Global

NAVEX, the global leader in integrated risk and compliance management software, will deliver a key session at the upcoming ISACA Governance, Risk, and Control (GRC) Conference in Austin, Texas, August 12-14, 2024. The session, " Getting Our Wires Crossed: How to Speak IT Risk as a Compliance Professional," will be presented by Kyle Martin, Vice President of GRC Solutions at NAVEX, and Robert Clark, Chief Audit and Compliance Officer at Howard University. In an era where cybersecurity threats and regulatory pressures are at an all-time high, the ability to effectively communicate IT risks across organizational silos has become a critical skill for compliance professionals. Attendees can join the session, CS 7–4, on August 13th at 11:00 to gain valuable insights into: Understanding and translating risk and compliance terminology. Evaluating program maturity levels and their organizational implications. Assessing risks and controls across all business facets, including third-party risk management. Crafting compelling IT risk reports for executive teams and board directors. "In today's interconnected business environment, the ability to translate IT risk insights into compelling narratives for CEOs is no longer optional—it's essential," said Kyle Martin. "As a result, this session aims to empower compliance professionals with the tools they need to navigate this critical intersection confidently." The ISACA GRC Conference, now in its 11th year, brings together leading minds in governance, risk management, and control to provide world-class content and practical guidance. NAVEX's participation underscores its commitment to advancing the field of integrated risk and compliance management. For more information about NAVEX's participation in the ISACA GRC Conference 2024 or to schedule an interview with the speakers, please contact Senior Public Relations Manager, Scott Levesque at scott.levesque@navex.com. NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details Navex Global scott.levesque@navex.com Company Website https://navex.com

August 06, 2024 08:00 AM Eastern Daylight Time

Dr Anosh Ahmed’s Anosh Inc. Foundation Announces Major Expansion of Philanthropic Efforts

Rev Up Marketers

The Anosh Inc. Foundation (the Organization), a charitable initiative dedicated to social and economic betterment, announced today the largest program expansion in its history of philanthropy efforts. Established by Dr. Anosh Ahmed, the former Chief Operating Officer of Loretto Hospital, The Anosh Inc Foundation will introduce new paradigm initiatives in education, healthcare, and community development across the country. Leveraging on Dr. Ahmed's career in healthcare and his enduring tradition of giving back to the community, the foundation seeks to tackle key challenges and make a lasting difference within underprivileged communities. Key Highlights The Anosh Inc. Foundation Announces the Launch of 5 New Programs to Combat Community Issues. Programs that address healthcare access, education, youth mentorship support, food security, and senior care. The foundation is looking for community partners that would help magnify the impact. New Initiatives These new programs for the foundation were created to address some of the most critical issues that communities are dealing with today: Mobile Health Clinic: Youth Mentorship Program: Community Garden Project: Technology Initiative: Senior Care Program: Community Involvement Volunteers are accepted with a willingness to help other members of the community. Donations are also critical in maintaining and growing these vital programs. All donations - regardless of size- help the foundation change lives for generations to come. About the Anosh Inc. Foundation Anosh Inc Foundation is a non-profit organization focused on social and economic development through improved education, sustainable healthcare initiatives, and community empowerment. The foundation strives to provide opportunities and support to underserved communities. For more information about the Anosh Inc Foundation and its initiatives, please visit www.anoshincfoundation.org. Contact Details Anosh Inc Foundation Asad Abbas +1 346-212-2905 asad@anoshincfoundation.com Company Website https://www.anoshincfoundation.com/

August 06, 2024 06:08 AM Eastern Daylight Time

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Cointelegraph and CryptoQuant Research Reveal TRON's Inelastic Activity, Maintaining Stability

TRON DAO

Geneva, Switzerland - August 5, 2024 - Leading crypto media research arm Cointelegraph and leading crypto research platform CryptoQuant have released comprehensive research reports offering in-depth analyses of the TRON network. These reports highlight a continuous rise in network activity and emphasize TRON's high transaction speeds, scalability, and cost-effectiveness, which make it a preferred blockchain network for everyday transactions. Cointelegraph Research Cointelegraph’s research provides an in-depth analysis of the TRON ecosystem and key features of the blockchain. The report reveals that, unlike other blockchains driven by incentive programs and speculative trends, TRON’s network activity is anchored by a robust and stable demand, creating a reliable source of protocol revenues. The research also highlights that the demand for USDT and other token transfers on TRON is remarkably inelastic, maintaining stability regardless of market sentiment. Key Highlights: Strong growth in active addresses is further evidence of organic adoption. TRON exceeds all of its direct competitors with over 2M daily active wallet addresses. According to data from DefiLlama, TRON has replaced the BNB Chain as the L1 with the second-highest TVL. As of June 2024, TRON is the second-largest blockchain in terms of stablecoin transfer activity. A 15% increase in market cap was noted in Q1, alongside a record revenue of $128.1 million in the first quarter, ranking it among the top revenue-generating blockchain networks. Read the full research report from Cointelegraph here. CryptoQuant Research CryptoQuant's research report offers an in-depth analysis of the TRON network, examining its fast transaction speeds and the TRC-20 USDT stablecoin activity. On-chain data reveals that most holders on TRON are classified as retail or small holders who use TRC-20 USDT for everyday transactions. Key Analysis: TRON’s key advantages are its high scalability and transaction speed. The network is capable of processing up to 2,000 transactions per second (TPS), significantly higher than Ethereum’s 119 TPS (excluding Layer-2). TRON achieves high transaction speeds through its efficient DPoS mechanism and integration with BitTorrent for distributed storage. Contrary to other blockchains, it does not rely heavily on external scaling solutions, making TRON suitable for various types of transactions, even large-scale applications and high-traffic environments. Most holders of USDT on TRON could be classified as "retail" or small holders. There are over 52.6M million small holders who were responsible for 28% of USDT transactions on the TRON network as of July 2024. CryptoQuant's report highlights that TRON excels in handling both large and small transactions. However, it is particularly favored by retail users for fast, frequent, low-value transactions such as remittances, micropayments, and peer-to-peer transfers. The strong participation of retail users highlights TRON's practicality and cost-effectiveness. With a steady increase in transaction volume and network activity, TRON is enhancing liquidity and overall network health. Read the full report from CryptoQuant here. The combined insights from Cointelegraph and CryptoQuant highlight TRON's robust network activity and the stable demand for TRC-20 USDT. Together, these reports illustrate TRON's leading role in advancing the practical use of digital assets, enhancing liquidity, and promoting the overall health of the blockchain ecosystem. 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 August 2024, it has over 247 million total user accounts on the blockchain, more than 8 billion total transactions, and over $22 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 Yeweon Park press@tron.network Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

August 06, 2024 12:18 AM Eastern Daylight Time

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