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Nextech3D.ai Welcomes Mady Wynsma as New Head of Global Sales

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg and new Head of Sales Mady Wynsma joined Steve Darling from Proactive to share the exciting news. Wynsma brings a wealth of experience to her new role, having worked with e-commerce giants like Walmart and Kohls. Gappelberg highlighted Wynsma's deep understanding of e-commerce and her extensive experience in building efficient, scalable, and profitable sales teams. He expressed confidence that her expertise will significantly contribute to Nextech3D.ai's growth during this pivotal time for both the company and the 3D/AI industry. Wynsma expressed her enthusiasm for joining Nextech3D.ai, emphasizing her excitement about the opportunities ahead in the rapidly evolving 3D/AI sector. She is eager to leverage her skills and experience to drive Nextech3D.ai's growth and success in this dynamic industry. Nextech3D.ai is looking forward to the innovative strategies and leadership Wynsma will bring to the team, positioning the company for continued advancement and expansion in the 3D and AI markets. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

July 16, 2024 11:15 AM Eastern Daylight Time

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NIA Appoints Carlos Ballesteros as Chief Financial Officer (CFO) and Treasurer

Nonprofits Insurance Alliance

Nonprofits Insurance Alliance (NIA), the nation’s leading insurer exclusively focused on the 501(c)(3) nonprofit sector, announced today that it has named Carlos Ballesteros as Chief Financial Officer (CFO) and Treasurer. Pamela Davis, NIA Founder, President, and CEO, expressed enthusiastically that, “Carlos has the perfect blend of tactical and strategic experience and skills to provide the financial leadership our growing organizations need. We conducted an extensive search to find someone with his particular qualities and are delighted he has chosen to apply his many talents to the nonprofit sector.” Mr. Ballesteros is a Certified Public Accountant and accomplished executive, with a proven track record of nearly 20 years of technical, operational, and strategic finance experience. Prior to joining the NIA Senior Leadership team, Mr. Ballesteros spent 10 years at Green Dot Corporation in many finance roles that culminated as the Vice President of Finance, where he led the financial planning and analysis team and spearheaded numerous company initiatives. Before leading finance organizations, Mr. Ballesteros spent nine years at Ernst & Young LLP in the audit practice, where he led local and multinational teams as a Senior Manager primarily within the real estate, hospitality, and construction sectors. “I am thrilled to join the Senior Leadership team at Nonprofits Insurance Alliance,” said Mr. Ballesteros. “It’s an honor to join a company with a mission of serving nonprofits, impacting the communities in which they operate. The tremendous growth the company has recently experienced is exciting and I am eager to leverage my finance expertise to drive strategic initiatives that position the company for continued success.” About NIA Nonprofits Insurance Alliance (NIA) is the nation’s leading liability and property insurer exclusively serving nonprofit organizations. Founded in 1989 in Santa Cruz, CA, NIA is a social enterprise focused on the long-term sustainability and management of risk in the nonprofit sector. NIA has one of the best customer retention rates in the industry. NIA members enjoy fair and equitable insurance pricing, specialized insurance coverages, dividends, and innovative risk management and member resources. The NIA group brand is comprised of Alliance Member Services (AMS) and three insurers rated A (Excellent) by AM Best: • Nonprofits Insurance Alliance of California (NIAC) • Alliance of Nonprofits for Insurance, RRG (ANI) • National Alliance of Nonprofits for Insurance (NANI) All organizations under the NIA brand are 501(c)(3) nonprofits. Learn more about Nonprofits Insurance Alliance at insurancefornonprofits.org Contact Details NIA Marketing & Communications editor@insurancefornonprofits.org Company Website https://insurancefornonprofits.org

July 16, 2024 08:00 AM Pacific Daylight Time

University Compounding Pharmacy Announces Rebrand to MediVera Compounding Pharmacy™

MediVera

University Compounding Pharmacy, a leader in personalized medicine since 1999, today announced it is rebranding as MediVera Compounding Pharmacy™. The rebrand comes at a time when the company is growing strongly due to the introduction of new product offerings, nationwide expansion, and the successful differentiation of its quality products and services. Despite the name change, the company’s ownership and passionate team remain the same, ensuring continuity in the high-level service and exceptional care that healthcare providers and patients have relied on for more than two decades. Over the past few years, the company has seen its revenue grow substantially. New product offerings, nationwide expansion, and strong market positioning through differentiated quality products and services, such as the Impressed Advantage program, have enabled the company to double its revenue from 2022 to 2023. Growth is anticipated to accelerate this year, with the company expecting to double revenue year-over-year once again. “Differentiation is and will continue to be an important growth driver for our company. With the Impressed Advantage customer service program, we are making the prescription process easier, faster, and more convenient for both doctors and their patients,” said Bradley McCloskey, PharmD, CEO. “As we continue to launch more product offerings and expand into more states within the next few months, 2024 is poised to become a year of strong growth as we expand our footprint into 14 additional states.” For more information about MediVera Compounding Pharmacy and its services, please visit mediverarx.com or contact Laurie Malseed, Marketing Specialist, at laurie@mediverarx.com or 937-242-0430. About MediVera Since its inception in 1999, MediVera Compounding Pharmacy™ (formerly University Compounding Pharmacy) has been dedicated to providing personalized medicine. With a focus on quality and innovation, MediVera Compounding Pharmacy™ continues to set industry standards, offering tailored solutions to meet the unique needs of healthcare providers and patients. MediVera Compounding Pharmacy™ is currently licensed in and ships to the following 33 states: AZ, CN, CO, DE, FL, GA, IA, ID, IL, IN, KY, MA, MD, ME, MI, MN, MO, MT, NC, NH, NJ, NY, OH, PA, RI, SC, SD, TN, VA, VT, WA, WI, WY. Contact Details MediVera Compounding Pharmacy Laurie Malseed +1 937-242-0430 laurie@mediverarx.com

July 16, 2024 09:00 AM Eastern Daylight Time

Cboe VP Shares His View On The Power Of Defined Outcome ETFs

Benzinga

By Johnny Rice, Benzinga Rob Marrocco, VP and Global Head of ETF Listings for Cboe Global Markets Inc. (BATS: CBOE), was recently interviewed by Benzinga. Cboe Global Markets is a leading provider of market infrastructure – operating in 26 markets globally – and facilitates trading in options, futures, equities, FX, digital assets and more for retail investors. The company has long been an innovator in financial products. Mr. Marrocco spoke about the rise of defined-outcome ETFs, which offer access to advanced trading strategies to a wide retail audience. Watch the full interview here: https://youtu.be/RjCa8RXB8jI Featured photo by rc.xyz NFT gallery on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

July 16, 2024 08:45 AM Eastern Daylight Time

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What Is Margin Trading, And Should You Try It?

Benzinga

By Gerelyn Terzo, Benzinga The stock market has come a long way from the days of open pits when buyers and sellers relied solely on facial expressions and hand signals to set prices and trade securities. Advancements in technology and the advent of electronic trading have made it possible for anyone to trade securities and harness some of the strategies that were once reserved for the elite. As investing has evolved over the centuries, so too have the possibilities traders have at their fingertips. Margin trading is one of those opportunities. It’s a game-changer for savvy investors looking for ways to increase their buying power and potentially amplify returns. With margin trading, the stakes, skill set and thrill are all higher. But so are the risks and potential rewards. Surprisingly, even many margin traders lack the key fundamentals of margin trading, according to a white paper published in 2018. Below, we explore some of the basics. Margin Trading In A Nutshell It’s been said it takes money to make money. But margin trading offers retail investors a different tack - a chance to purchase securities with borrowed funds. It’s a tactic implemented by sophisticated traders but is no longer limited only to them. Margin trading lets investors buy stocks or exchange-traded funds (ETFs) with a broker’s money, borrowed funds referred to as leverage. It’s a type of short-term financing that can give you access to more securities fast. However, investors must have skin in the game, too, which is why cash or equities in their accounts serve as collateral for trades. There are many benefits to using leverage. It allows you to trade in a more purposeful way, bolstering your buying power simultaneously. Purchase more securities and pursue multiple opportunities with freed-up capital. And you won’t have to skip market opportunities while waiting to put money to work. The key thing to remember is that when trading on margin, both your returns and losses are amplified. When successful, margin trading brings higher profits and can take your portfolio to a new level. But if a margin trade goes south, you’re on the hook for the loan amount plus interest. Additionally, as equity in your account is depleted, brokers could make a margin call. This would require you to add more funds to continue trading and is something to be prepared for. It’s vital to perform your own due diligence on potential trades while also keeping a close eye on the markets. If there are changes to market conditions or the asset, nimbly adjust your strategy before it’s too late. Like most investment strategies, there are both pros and cons to margin trading. These include: Pros: Increase buying power with borrowed funds Seize market opportunities that you would otherwise miss out on Potentially generate higher profits Cons: Risk of losing more than you would in a regular market trade Interest is charged on loans Risk of a margin call How To Participate To trade on margin, the first thing you’ll need is a margin account instead of a standard brokerage account. This account lets a broker lend you money to purchase more securities than you’d be able to do with your balance. You must be approved for a margin account. Expect to answer questions about your finances, investment experience, risk profile and goals. Next, you must meet a minimum deposit threshold. This amount will influence how much you can borrow from the broker and eventually trade. Equities and cash in your account serve as collateral to secure the loan. Brokers also charge interest on the loan that must also be repaid. As a result, you’ll want to ensure the anticipated returns will offset any interest that must be paid on the loan. Axos Invest Makes It Easy and Safe to Borrow Now that you know how margin trading works, you’ll need to choose a platform on which to trade. Look for a trusted partner to help you gain the skills to confidently navigate the markets, like Axos Invest. Axos Invest has been around since 1999 and was an early mover in the online banking movement. With more than two decades of operating history, Axos has established its staying power, so you won’t have to lose sleep about placing your hard-earned money in the wrong hands. Even if you’re new to margin trading, Axos has resources to support and educate you on the path to independent investing so you can make your portfolio work for you. Axos makes it easy to borrow against your portfolio assets, with rates as low as 7% and transparent pricing. The more you borrow, the lower your rates will be. As such, you can comfortably borrow more to build your portfolio. Opening an Axos Invest margin account opens up a world of possibilities, allowing you to make bigger stock or ETF investments without having to liquidate capital. As a result, you will gain greater market exposure and portfolio diversification while increasing your potential returns. Explore Axos Invest’s resources so you can borrow, trade and put the power of your portfolio to work. Get started with margin trading today. Featured photo by sergeitokmakov on Poxabay. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

July 16, 2024 08:30 AM Eastern Daylight Time

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Huma completes Series D with total financing of over $80m as it launches Huma Cloud Platform with GenAI integrations to bring digital first care and research to everyone

Huma

Building and launching a scalable digital health product that meets regulatory demands typically takes a few years to deliver. Today, global healthcare AI company Huma Therapeutics Limited is announcing the completion of its Series D funding round to help cut that time down to days as it launches the Huma Cloud Platform. The platform offers no-code configuration of regulated disease management tools for any therapeutic area, a library of pre-built modules and device connectivity capabilities, a cloud-agnostic framework for flexible hosting, readily available APIs and integration capabilities, the ability to host and deploy diagnostic and predictive AI algorithms, a marketplace, and more to advance digital-first care and research. The Series D funding round, alongside investments from leading industry partners since its Series C round, created a total issuance of shares by Huma of over $80m. With this round, Huma has now raised over $300m. The Series D saw the participation of new and existing strategic and financial investors, including AstraZeneca, Hat Technology Fund 4 by HAT SGR, HV Fund by Hitachi Ventures and Leaps by Bayer and others. HSBC Bank plc acted as advisor to Huma during the fundraise. Alongside its Series D, Huma is also announcing the launch of its Huma Cloud Platform – a technology ecosystem designed not only to support the company’s own digital health initiatives, but also to empower others to launch and scale their projects efficiently. With its Huma Cloud Platform and the regulatory foundation that it is built on, Huma aims to reduce the time it takes to develop and launch digital health projects at scale from years to as little as a few days. The Huma Cloud Platform is built to serve the company's existing regulated products. In 2023, Huma achieved the landmark milestone of becoming the first and only configurable, disease-agnostic FDA Class II, EU MDR Class IIb, India CDSCO Class C and Saudi FDA Class C platform, enabling rapid, code-free configuration with the ability to host AI/ML models. The regulatory status of the Huma Cloud Platform significantly reduces the cost, time, and risks associated with bringing digital health projects to life. Huma is now making this platform available to customers which comes with a Software Development Kit (SDK) to enable the accelerated development of similar applications or to embed functionalities into their existing solutions. Dr Juergen Eckhardt, EVP, Head of Leaps by Bayer and Pharmaceuticals Business, Development & Licensing commented: “We have known Huma for several years and we've been impressed by their remarkable progress. We have seen this first-hand. They have demonstrated strong growth and excellent metrics. With their next-generation AI capabilities and Huma Cloud platform, Huma can partner with pharma companies to deliver efficient digital health solutions to patients focused on predictive and proactive care.” “Pharmaceutical companies need financially and technically efficient digital solutions to minimise spending on efforts that are duplicative or can't scale. The Huma Cloud Platform enables companies to streamline how they bring digital medicine, companion apps, and data collection capabilities to patients from the R&D phase to post-launch.” To date, Huma’s technology has powered projects in over 3,000 hospitals and clinics. The platform has been used to engage and screen over 35 million individuals, with 1.8 million active users across its products in over 70 countries. Huma’s U.S. business has grown significantly since launch with new reimbursement codes. The RPM product, built on top of the Huma Cloud Platform for respiratory use cases, now covers 140,000 contracted lives. As a result of all these successes, the company has doubled its revenue year-on-year, and is targeting to become profitable this year. Huma also collaborates with over half of the top 20 pharmaceutical companies globally and has been involved in major national healthcare projects worldwide. Huma has partnered with Google and others to develop new AI models that could enable its Cloud Platform users to care for many times more patients with less work; for example a feature called “10x Nurse” that significantly reduces administrative tasks and brings automation to the patient review process with a human in the loop. This opens new possibilities, such as efficiently managing chronic diseases with fewer staff or using real-time monitoring systems to ensure patients are on the correct treatment pathways while keeping humans still in the loop. Looking ahead, combining the Huma Cloud Platform with next-generation AI models will enable Huma to have a bigger impact through its digital-first care and research initiatives, as well as supporting small startups and enterprises in launching the digital solutions they need. It promises to do this much faster and cheaper, shifting the focus to project or venture success rather than getting distracted with scaling technology or managing regulatory burdens. Dan Vahdat, Founder and CEO of Huma, said, “I am thankful for the support of our new and existing shareholders, helping our vision become a reality, which we are closer to than ever before. We are here to accelerate the adoption of digital and AI across care and research, and we do that by making the building of digital health solutions for care and research easy. We like to think of Huma Cloud Platform much like Shopify but for digital health instead of e-commerce. We believe when digital and AI are scaled, they become affordable for both the poor and the rich. This will help us transition medicine from being reactive to proactive.” About Huma Huma is a global healthcare AI company on a mission to accelerate the adoption of digital solutions in care and research. Its award-winning modular platforms are used by more than 3,000 hospitals and clinics, with over 35 million screened users and 4 million registered users in healthcare, and has powered over 800 studies supporting about 1 million participants across research. The company is renowned for its role in major national healthcare projects worldwide, from the US and the UK to Germany, Greece, and Saudi Arabia, as well as collaborating with most large pharma companies. Huma's technology powers: ● multi-channel patient engagement at population-wide scale for healthcare systems ● remote patient monitoring (RPM) at scale ● companion apps to support patients through treatment and drug therapies ● digital clinical trials, including decentralised trials, to accelerate medical research Huma's regulated Software as a Medical Device, used in its RPM and companion app platforms, is the only disease- and device- agnostic platform to hold EU MDR Class IIb, US FDA (510-k) Class II clearance and Class IIb registration with the UK MHRA. The SaMD platform is regulated to accept artificial intelligence algorithms and monitor patients of all ages. For more information please visit www.huma.com. Contact Details Huma Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.huma.com/

July 16, 2024 08:00 AM Eastern Daylight Time

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Ultrahuman announces its App Store ‘PowerPlugs’ with the World’s First AFib Detection Technology on a Smart Ring

Ultrahuman

Ultrahuman, a pioneer in wearable technology, launches PowerPlugs, a platform for individual apps and plugins built on top of Ultrahuman’s health and wellness data stack. This is the world’s first in a smart ring form factor. Recognizing each individual’s health journey is unique, PowerPlugs enable people to choose and focus on the aspects of their health that matter most. It’s designed for highly personalized health insights, ensuring that every individual can personalize their health tracking to their unique needs and goals. At the forefront of PowerPlugs is AFib Detection, a PowerPlug that discreetly monitors your heart rhythm every night to detect signs of Atrial Fibrillation (AFib). Ultrahuman Ring AIR is the first smart ring in the world to offer AFib detection. AFib is the most common type of irregular heart rhythm or arrhythmia. It can lead to serious health complications such as stroke and heart failure, if left undetected. Individuals with potential arrhythmia episodes or a history of irregular rhythms can now track AFib closely and seek early intervention. Speaking on the launch, Mohit Kumar, Founder and CEO of Ultrahuman said “When it comes to health, one size doesn’t fit all. That’s why we built PowerPlugs for people to pick and choose what matters most for their health and wellness. Over the next few years, you could expect thousands of applications to be built on top of Ultrahuman’s comprehensive health data platform. Given our most comprehensive data stack of health markers from Ultrahuman Ring, M1 CGM, Ultrahuman Home and more to come, there’s infinite scope to build deep experiences over the next few years. Essentially, your Ultrahuman Ring will keep getting better after your purchase.” “We’re launching our first few PowerPlugs with a novel game changing capability, AFib detection. This life saving technology comes with medical approval in limited markets currently and we’re aggressively launching new markets with regulator’s approval every few weeks.” The PowerPlugs ecosystem can be accessed through the Ultrahuman App and is available in free and premium options. Circadian Rhythm Understanding the importance of aligning with natural circadian rhythms, the Ring AIR provides actionable recommendations tailored to your lifestyle. These suggestions include the optimal times to expose yourself to natural light, exercise, and wind down in the evening, aiming to enhance your energy levels, improve sleep quality, and bolster your overall health. Pregnancy Mode Pregnancy Mode adjusts health monitoring and recommendations specifically for pregnancy. It provides tailored advice on nutrition, activity levels, and health metrics that are crucial during this time. Gain insights into how to maintain your health and your baby's development, with safety and well-being as the priority. Cycle Tracking Cycle Tracking offers a comprehensive overview of your menstrual cycle phases and predicts upcoming cycles with high accuracy. This tool provides personalized insights into your fertility windows and symptom patterns, enabling proactive health management and lifestyle adjustments. Empower yourself with knowledge to make informed decisions about your reproductive health. Caffeine Window Track and optimize your consumption of stimulants such as caffeine throughout the day. By understanding your body's response to different stimulants, this tool advises on the best times for consumption to boost your alertness without affecting your nightly rest. Ideal for maintaining high energy levels and ensuring restful sleep. Vitamin D Manage Vitamin D intake through sun exposure. The app calculates the optimal times for you to step outside, based on your skin type, location, and current UV index, ensuring you get the most effective and safe sun exposure. It focuses on skin absorption, telling you precisely when to go out and estimating how much Vitamin D (in IU) your skin will absorb during your session. With real-time tracking and safety alerts to prevent overexposure, this PowerPlug makes maintaining healthy Vitamin D levels effortless and personalized. Jet Lag Jet Lag PowerPlug features personalized jet lag plans based on the users' travel itineraries, sleep patterns, and chronotypes, leveraging evidence-based methods involving light exposure, melatonin supplements, caffeine, and naps. It offers detailed schedules to follow before, during, and after trips, helping reset the circadian clock efficiently. Weight loss Integrate meal planning with real-time glucose monitoring to optimize your fitness journey. Ultrahuman Ring AIR tracks calories burnt throughout the day. It syncs with automated food logging to provide a comprehensive view of calorie intake versus expenditure. This helps users maintain a balanced diet and work towards their fitness goals without the hassle of manually logging their data. This is a game changer for anyone optimising their weight loss journey. Ovulation Women can now understand ovulation cycles, helping them better understand their bodies and menstrual health. For women looking to conceive, accurate ovulation detection can significantly increase the chances of pregnancy by identifying the most fertile days. Conversely, for those practising natural family planning methods, knowing the ovulation period can help in avoiding pregnancy. Additionally, continuous monitoring can help identify potential reproductive health issues early, allowing for timely interventions. Ultrahuman’s accessibility to health personalization doesn’t stop there. For the first time ever, developers can get access to Raw PPG, Accelerometer and Temperature data streams from the Ring AIR. Ultrahuman invites developers to build bespoke algorithms on top of these data streams from the Ring AIR using UltraSignal, Ultrahuman Ring AIR’s developer platform. UltraSignal will help fuel more customization and innovation in health. Developers can build custom algorithms for Sleep, Stress, Movement, Fertility and more, creating their own Powerplug. About Ultrahuman Ultrahuman is the world's most advanced metabolic fitness platform. Ultrahuman’s products include the Ultrahuman M1(continuous glucose monitoring sensor), the Ultrahuman Ring and Blood Vision, a preventive blood testing platform with the pioneering UltraTrace™ technology. By collating different biomarkers, Ultrahuman is helping people improve their energy levels and lifestyle, track their workout, sleep and recovery, and avoid metabolic disorders. For more information and updates on Ultrahuman, please visit ultrahuman.com or follow us on Facebook, Instagram, Twitter, LinkedIn, and YouTube. Contact Details Ultrahuman Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Ultrahuman Hisham Syed hisham@ultrahuman.com Company Website https://www.ultrahuman.com/

July 16, 2024 08:00 AM Eastern Daylight Time

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VOESH New York Sets the Bar High with New Multifunctional & Eco-Friendly Gua Sha Bars

VOESH New York

VOESH New York, the leading clean and vegan body care and wellness brand, is thrilled to announce the launch of its new Gua Sha Cleansing and Shampoo Bars. These personal care bars are designed to elevate shower routines, combining the traditional practice of Gua Sha with modern skincare innovation for a better way to wash. Developed with 100% vegan and 97+% natural-origin ingredients, these bars offer a luxurious and sustainable self-care experience. “Since our start, VOESH has been dedicated to making elevated & sustainable beauty accessible to everyone,” said Vera Oh, Co-Founder of VOESH New York. “Our solid beauty bars are the gateway to zero-plastic choices, helping us reduce carbon emissions while maximizing value and efficacy for our customers.” The new lineup consists of the Gua Sha Cleansing Bar and Gua Sha Shampoo Bar. These revolutionary products combine the benefits of a lymphatic massage and satisfying cleanse in one compact bar. The Gua Sha Shampoo Bar offers a thorough hair wash and soothing scalp massage and features powerful ingredients like biotin, proprietary vegan probiotics, rosemary oil, and apricot seed powder. Its ergonomic shape stimulates hair follicles to promote healthy hair growth. The Gua Sha Cleansing Bar, with ingredients like niacinamide, proprietary vegan probiotics, rosemary oil, and charcoal powder, refreshes and revitalizes the skin and simultaneously relieves muscle tension. "With the recent shift in consumers' mindsets toward clean beauty and the growth of the solid beauty bar industry, we aimed to create multifunctional products that offer a range of health benefits," said Oh. "Showering is a daily habit, and with these bars, we strive to simplify shower routines while making them more enjoyable. These bars not only wash but also provide a gentle massage, enhancing the overall shower experience. A happy body means a healthy life!" said Vera Oh VOESH’s Gua Sha Bars are available on VOESH.com. Experience the future of multifunctional, zero-plastic, solid beauty with VOESH New York. About VOESH New York: Founded in 2013, VOESH New York has emerged as a premier destination for clean and efficacious body care solutions catering to head-to-toe wellness. Noteworthy products include Pedi in a Box, Mani in a Box, the award-winning Shower & Empower Vitamin C Shower Filter, and Collagen Gloves and Socks. VOESH New York is committed to providing 100% vegan, cruelty-free, and sustainable products because every body deserves better beauty! All VOESH New York products are certified by PETA and registered with the US Mocra, EU CPNP and UK SCPN, maintaining vegan, cruelty-free, and dermatologist-tested standards. VOESH New York proudly excludes all 1,680+ EU-banned ingredients and an additional 400+ potentially harmful ingredients. For more information, visit VOESH New York’s website at Voesh.com or contact press@voesh.com. ### All VOESH New York products are certified by PETA and registered with the EU CPNP, and UK SCPN. Always vegan, cruelty-free, and dermatologist-tested, VOESH New York proudly excludes all 1,680+ EU-banned ingredients and an additional 400+ potentially harmful ingredients. VOESH New York products can be found at select Target, Rite Aid, and, Kroger stores nationwide, as well as on voesh.com, amazon.com, walmart.com, and riteaid.com. Contact Details Colleen Mathis +1 917-690-5560 Colleen@absoluterrelations.com Company Website https://voesh.com/

July 16, 2024 08:00 AM Eastern Daylight Time

How credit cards can promote responsible spending

Money Canada

by Winston Sih Credit cards are often made out to be a trigger for irresponsible spending. Conversely, they can also help consumers build smarter financial habits, encourage people to monitor spending, be more aware of shopping trends and even frequently monitor statements for fraudulent transactions. Whether you’re new to having a credit card, trying to clean up your debt or just routinely managing your finances, these tips will help you manage your credit products wisely. How to manage a credit card successfully For many Canadians, managing one or more credit cards can be difficult. Debt adds up quickly with everyday spending, and if you aren’t tracking your budgets accordingly, you can rack up a hefty balance in no time. Being smart with tracking will promote financial awareness and maximize rewards in the credit card’s accelerated categories. Luckily, financial institutions offer mobile apps and alerts to notify you of everyday purchases, fraud notifications and even spending trends so you are more aware of your habits. Monitor your monthly statement and learn the habit of budgeting At a minimum, a good rule of thumb is to monitor your monthly statement and ask yourself which expenses are necessary and which expenses could be classified as discretionary. By developing the habit of monitoring your account — and assessing your spending — you can strengthen your ability to prioritize your spending. This is a budgeting tool that goes a long way to making sure you have enough money to pay necessary bills, set aside for rainy days, before spending it on non-essential expenses. It's also the foundational for learning the discipline of how to budget and save for significant expenses, like a vacation, home renovation or retirement. Develop the habit of paying your bills on time When it comes to payment, it’s best to pay the full balance every month. If you can’t, you should endeavour to pay more than the minimum, pay on time and even set up automatic payments so you don’t miss any due dates. Late and overdue payments are major factors in the calculation of your credit scores — and credit scores dictate how expensive debt and loans will cost, and the availability of credit. The better your credit score, the more options you have and the cheaper borrowed funds will cost you. Access tools to build your credit score There are a few best practices to maintain or build a good credit score, including the 15/3 rule. As a practice, the cardholder repays their bill in two rounds: the first payment is 15 days before the due date and the second payment is three days before the statement date. According to credit experts, using the 15/3 rule can help you increase your credit score in a relatively short period of time. The theory is that the frequent, regular and consistent payments signal to creditors your ability and capacity to use credit responsibly and reduces your credit utilization (how much you borrow from the available funds) and your debt-to-income ratio (how much you owe versus how much you earn). Read more on how to increase your credit score. Learn how to spend smarter From a spending perspective, many experts suggest following the 50-30-20 rule, where 50% of your spending goes towards needs like bills and everyday expenses, while 30% can be used on things you want, and 20% is set aside for savings. Using your credit card statement and your overall budget, you can quickly determine if you're following this smart spending rule. If not, examine your spending and find ways to rebalance how you spend your money. Do this consistently and you'll find it easier to save for bigger goals while spending more strategically. Develop long-lasting (and beneficial relationships) When it comes to maintaining your credit health, you'll want to be aware of the major factors that go into calculating your credit score. While credit scores can be complex algorithms, in general the major factors include: Consistent history of paying on time — Consistency is key Your credit utilization ratio — This is the amount of credit used, compared to credit you have access to. Lower ratios are better Average age of your credit products — Do you have long-standing credit relationships? Longer relationships are considered better The variety of credit products you own — From credit cards to mortgages to car and student loans: variety is better Number of recent hard inquiries on your credit file — How often a creditor has checked your credit history While many responsible consumers often want to simplify their access to credit, there is a danger to closing and cancelling credit cards and other forms of revolving credit. For instance, if you close a credit card you've held for decades, this can alter the average age of your credit products and can hurt your credit score. Another way to hurt your credit score is to consolidate high-interest debt on a lower-interest loan (for instance, a low interest credit card). While this can be a great strategy for reducing the cost of debt and getting out of debt faster, it can be tempting to close all other credit cards and this can hurt your utilization ratio which can hurt your credit score. Find ways to save on the cost of borrowing For those who want to pay down their debt quickly it's best to consolidate higher-interest debts using a low-interest credit card. By dropping your annual credit card interest rate from 22.99% to 12.99%, you can save more than $900 in interest costs (assuming you carry a $5,000 credit card balance and it takes three years to repay the loan). Good options for low-interest credit cards include: If you're looking to switch your credit card to take advantage of lower interest rates and debt consolidation, consider cards that offer annual intrest rates between 12.99% and 13.99%, such as the RBC Visa Classic Low Rate card. With this card, you pay a low annual fee — around $20 per year — and get access to a rewards rich card with a low-interest purchase rate. One of the key advantages is the purchase security and extended warrany insurance offered to cardholders. You can also save with additional merchant perks, such as more points and per litre savings at Petro Canada, complimentary DoorDash subcription and higher reward earnings at Rexall pharmacies. Other options from top Canadians banks include: BMO Preferred Rate Mastercard CIBC Select Visa MBNA True Line Mastercard Scotiabank Value Visa Cash back cards worth considering While interest rates on cash back cards will not be as low, these cards can help you find more room in your budget through cash back rewards on everyday purchases. Good options include: Neo Mastercard: This no annual fee Mastercard offers a credit limit of up to $10,000 and cash back between 0.5% and 5%. Apply for the Neo Mastercard and receive instant approval plus learn to monitor your spending and maximize rewards through upgrades and perks only available to Neo customers. Tangerine Money-Back Credit Card: This no annual fee cash back card is great for those building their credit with a minimum personal annual income threshold of just $12,000. Cardholders get top-rate Money-Back Rewards in two purchase categories of their choice (such as grocery, furniture, gas, etc.) and a third category if they open a Tangerine savings account. Bottom line When used responsibly, credit cards are a great way to build awareness of your financial health. It requires users to spend within their limits and monitor usage and trends, while free tools will allow you to ensure optimal product diversity, as well as a utilization ratio of your credit products to maximize your credit score. Finally, you must frequently monitor monthly statements and credit reports to find any errors and flag them for investigation so your credit history is reflective of your spending habits. Contact Details Aaron Young +1 310-500-8744 aaron.young@wisepublishing.com Company Website https://money.ca/

July 16, 2024 07:00 AM Eastern Daylight Time

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