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5 Weird But Cool Investment Property Ideas

Benzinga

Investment properties have the potential to bring in substantial funds while also appealing to an owner’s level of financial risk tolerance. These properties are purchased to generate income and are typically not inhabited by the owner. When researching the various investment properties, consider how much time and attention you will be able to commit to their maintenance and oversight. Investment properties allow you to expand your streams of income and create passive income. Examine fun creative investment properties such as haunted houses or houseboats that have the potential to expand your financial freedom at your own pace. 5 Weird But Cool Investment Property Ideas Investment properties are much more than the commonly associated rental homes with white picket fences. For more conventional investment properties, consider working with a property management company to oversee the property in an organized manner. However, if you crave a more creative investment property, contemplate a stream of income that can be both engaging and profitable by investing in weird, but cool options such as haunted houses and art galleries. 1. Tiny Houses Tiny houses are typically more affordable to purchase than larger-sized houses which can make them an attractive option for people interested in buying their first investment property. The market for tiny homes has increased in demand over the years and provides an avenue of opportunity for a creative investor. For example, an interested investor has the ability to craft an entire neighborhood of tiny houses. If such a project sounds too ambitious, consider the convenience of adding a tiny house somewhere on your property and renting it out. A tiny house on your property has the potential to bring in a steady stream of cash flow while remaining convenient and accessible to you in terms of management. Before deciding to build, check the rules for Accessory Dwelling Units (ADUs) within the neighborhood. Interested in owning a tiny house? Get started with an investment property loan. 2. Houseboats and Campers Houseboats and campers have the potential to provide large profit margins during peak rental seasons. Consider popular vacation locations that can help boost the value of your houseboat or camper. For example, houseboats and campers near prime vacation locations or trending tourist locations have the ability to charge over $300 a night. Investing in a rental houseboat or camper can bring in impressive cash flow during peak seasons such as the summer. Keep in mind that houseboats are unlike other investments and usually depreciate in value over time. In general, houseboats and campers have the potential to draw in substantial funds when placed in the right location, properly maintained, and competitively priced. Interested in owning a houseboat? Get started with an investment property loan. 3. Haunted Houses Haunted houses have the capability to bring in a substantial amount of cash during the fall. Think about a prime location to draw in more foot traffic and remain in close proximity to other attractions. It’s possible to have a haunted house more than pay for itself after one impressive haunting season. It’s recommended to maximize the profits earned during the spooky season by giving yourself the longest amount of time possible to attract customers. For example, some horror events and haunted houses open as early as the first week of September. Consider purchasing a house that has an urban legend behind it to add to the notoriety of the property when it comes time to enthrall and scare guests of your haunted house. One main perk of purchasing a house that’s considered haunted is that they are frequently lower in price than the rest of the market. Of course, there might be a few hair-raising surprises along the way at such steep price reductions. Interested in owning a haunted house? Get started with an investment property loan. 4. Bed and Breakfast Bed and Breakfasts remain a growing industry that focuses on serving people that are interested in short-term stays. The beauty of a Bed and Breakfast (B&B) stems from an owner’s ability to make money in a pleasant and comfortable setting by charging individuals that wish to stay the night within the house. B&Bs frequently provide a sense of intimacy and calm in a building that offers a sense of charm. This comparative advantage often allows B&Bs the ability to be easily recognizable and marketed as a unique experience. When researching potential B&Bs, think about specific sights or attractions close to the property, the unique features of the property, and the total number of guests that you are interested in housing at one time. Happy innkeeping! Interested in owning a bed and breakfast? Get started with an investment property loan. 5. Art Gallery If you have a passion for art, consider renting out a thoughtfully purchased and designed space to artists. The art galleries are intended to showcase artistic talent while also bringing in funds. Usually, art gallery owners obtain income by renting out a space to artists, taking a percentage of art sales, and hosting glamorous events such as galas and auctions. An art gallery in many ways is a partnership with an artist so be sure to foster a positive working relationship. One important note to recall when creating an art gallery is the importance of quality space. The gallery space should highlight and attract a specific niche of the massive art world. Keep in mind that galleries have the potential to lose money due to poor marketing or branding. Invest in promoting your brand and image to spread awareness within the local area and garner buzz before you open. Interested in owning an art gallery? Get started with an investment property loan. Increase Your Income with Investment Properties Investment properties have the opportunity to be as fun and creative as you are. One perk of certain investment properties is that they can earn you money while the value of your property steadily increases over time. When purchasing an investment property, contemplate the level of time and effort that you are willing and able to commit to the upkeep and management of the property. For example, haunted houses that mainly operate in the fall will likely have different time and attention requirements than that of a bed and breakfast. Overall, investment properties can provide an alternative source of income in unconventional fashions that have the ability to accommodate a wide range of budgets. Frequently Asked Questions When researching interesting investment properties, combine your creativity with your financial knowledge to select the ideal property. If you have questions about a specific property or deal, consider speaking with a real estate or financial professional. What’s the down payment for an investment property? The general down payment for an investment property tends to vary depending on factors such as a borrower’s credit score and the specific type of rental property. A lower credit score will likely indicate that an individual will need to pay a larger than average down payment. Investment properties already have higher interest rates when compared to other types of real estate so purchasing an investment property with a low credit score might require a substantial down payment at a much higher interest rate. The reason that investment properties usually have increased interest rates stems from the understanding that people are more likely to default on loans for their investment properties before defaulting on a loan associated with their main residence. In terms of minimum down payment, it’s common to put at least 15% down. Keep in mind that putting down larger amounts for the down payment helps lower interest rates and can promote better loan terms. If possible, contemplate placing a down payment of around 20% or more to help lower the interest rates. How many investment properties do you need in order to retire? The amount of investment properties that an individual needs to retire depends on the properties within the local market as well as a person’s expected monthly financial needs. Examine how much you will likely need to obtain on a monthly basis to live. When calculating the number of investment properties that you will need to retire, keep in mind that passive income gained from rental properties generally decreases with standard expenses such as maintenance. In general, the market has no set minimum number of investment properties that a person needs to retire. However, a person can roughly calculate the number of investment properties needed to retire based on cash-on-cash returns compared to expenses. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

July 18, 2022 02:03 PM Eastern Daylight Time

ChainUp Custody and OneInfinity by OneDegree enter strategic partnership to foster collaboration in risk management

ChainUp

Blockchain solutions provider ChainUp Group (“ChainUp”) and insurer OneDegree Hong Kong Limited (“OneDegree”) announced today a strategic partnership to provide clients of ChainUp Custody with insurance and technology combined risk management services through OneInfinity by OneDegree. Through this partnership, OneInfinity will officially become ChainUp’s Preferred Service Partner. Leveraging each other’s industry and technical expertise, both parties are committed to promoting higher standards of security in the digital asset space and facilitating the healthy and sustainable growth of the Web3 community. As part of the ChainUp Group, ChainUp Custody provides a comprehensive set of highly secure and reliable digital asset custody services with insights and strategies accumulated from servicing over 1,000 enterprise clients in the past five years, including technical product support, wallet interfaces, main chain asset custody, customized main chain integration, node solutions, co-managed wallet, loans, financing, and other financial services. OneDegree is a licensed virtual insurance company in Hong Kong. Combining its strong underwriting expertise, sophisticated data analytics and technical know-how, OneInfinity by OneDegree offers insurance solutions and risk management technology designed specifically for digital asset trading platforms, custodians, asset managers and technology providers. OneInfinity also leverages Cymetrics’ cybersecurity solutions, which are offered by a sister company of OneDegree. Cymetrics helps companies examine cyber, blockchain and digital asset risks from the perspective of hackers and insiders in a more agile and flexible way. Mr. Jeff Mei, Chief Marketing Officer of ChainUp Group said, “In the digital asset custody space, security and compliance are two key areas of concerns and risk management is a critical part of our offerings. Not only does ChainUp aim to provide our clients with reliable and compliant products and services, but we also actively seek to collaborate with relevant industry players to leverage one another’s expertise and do our part in creating a more robust ecosystem.” Ms. Becky Tam, Chief Operating Officer of OneInfinity said, “With the rapid development of the digital asset industry, the establishment and adoption of best practice in risk management are crucial to ensure sustainable growth of the industry. OneInfinity is designed to answer this call, not only to support our clients in building trust and credibility, but also to encourage institutional participation in the sector.” --- End --- About ChainUp Group Founded in 2017, ChainUp is a leading end-to-end blockchain technology solutions provider covering infrastructure development and ecosystem support. Built on the mission to empower businesses through blockchain technology, ChainUp’s innovative and all-around compliant solutions include digital asset exchange systems, NFT trading systems, wallet solutions, liquidity solutions, and digital assets custody and management. Headquartered in Singapore and with offices around the world, the company has served more than 1,000 clients in 30 countries, reaching over 60 million end-users. For more information, please visit: www.chainup.com. About OneInfinity by OneDegree OneInfinity is the digital asset insurance business of OneDegree Group, operating under a general insurance licence from the Hong Kong Insurance Authority. OneInfinity’s insurance products are specifically designed for digital asset trading platforms, custodians, asset managers and technology providers. They protect digital asset wallets against crime and specie risk and cover enterprise cyber security risk and directors & officers liabilities. OneInfinity utilizes CymetricsTM, a proprietary blockchain-compatible cyber security technology solution developed by the OneDegree team, to help businesses manage cyber, blockchain and digital asset risks from the perspective of hackers and insiders in the dynamic Web3 space. For more information, please visit: digitalasset-insurance.onedegree.hk/en-us About ChainUp Group Founded in 2017, ChainUp is a leading end-to-end blockchain technology solutions provider covering infrastructure development and ecosystem support. Built on the mission to empower businesses through blockchain technology, ChainUp’s innovative and all-around compliant solutions include digital asset exchange systems, NFT trading systems, wallet solutions, liquidity solutions, and digital assets custody and management. Headquartered in Singapore and with offices around the world, the company has served more than 1,000 clients in 30 countries, reaching over 60 million end-users. For more information, please visit: www.chainup.com. Contact Details ChainUp Group Xue Zhen Yeo +65 9325 6483 xuezhen.yeo@chainup.com OneInfinity by OneDegree Lisa Lin lisa.lin@onedegree.hk

July 15, 2022 09:00 AM Eastern Daylight Time

ChainUp Custody and OneInfinity by OneDegree enter strategic partnership to foster collaboration in risk management

ChainUp

Blockchain solutions provider ChainUp Group (“ChainUp”) and insurer OneDegree Hong Kong Limited (“OneDegree”) announced today a strategic partnership to provide clients of ChainUp Custody with insurance and technology combined risk management services through OneInfinity by OneDegree. Through this partnership, OneInfinity will officially become ChainUp’s Preferred Service Partner. Leveraging each other’s industry and technical expertise, both parties are committed to promoting higher standards of security in the digital asset space and facilitating the healthy and sustainable growth of the Web3 community. As part of the ChainUp Group, ChainUp Custody provides a comprehensive set of highly secure and reliable digital asset custody services with insights and strategies accumulated from servicing over 1,000 enterprise clients in the past five years, including technical product support, wallet interfaces, main chain asset custody, customized main chain integration, node solutions, co-managed wallet, loans, financing, and other financial services. OneDegree is a licensed virtual insurance company in Hong Kong. Combining its strong underwriting expertise, sophisticated data analytics and technical know-how, OneInfinity by OneDegree offers insurance solutions and risk management technology designed specifically for digital asset trading platforms, custodians, asset managers and technology providers. OneInfinity also leverages Cymetrics’ cybersecurity solutions, which are offered by a sister company of OneDegree. Cymetrics helps companies examine cyber, blockchain and digital asset risks from the perspective of hackers and insiders in a more agile and flexible way. Mr. Jeff Mei, Chief Marketing Officer of ChainUp Group said, “In the digital asset custody space, security and compliance are two key areas of concerns and risk management is a critical part of our offerings. Not only does ChainUp aim to provide our clients with reliable and compliant products and services, but we also actively seek to collaborate with relevant industry players to leverage one another’s expertise and do our part in creating a more robust ecosystem.” Ms. Becky Tam, Chief Operating Officer of OneInfinity said, “With the rapid development of the digital asset industry, the establishment and adoption of best practice in risk management are crucial to ensure sustainable growth of the industry. OneInfinity is designed to answer this call, not only to support our clients in building trust and credibility, but also to encourage institutional participation in the sector.” --- End --- About ChainUp Group Founded in 2017, ChainUp is a leading end-to-end blockchain technology solutions provider covering infrastructure development and ecosystem support. Built on the mission to empower businesses through blockchain technology, ChainUp’s innovative and all-around compliant solutions include digital asset exchange systems, NFT trading systems, wallet solutions, liquidity solutions, and digital assets custody and management. Headquartered in Singapore and with offices around the world, the company has served more than 1,000 clients in 30 countries, reaching over 60 million end-users. For more information, please visit: www.chainup.com. About OneInfinity by OneDegree OneInfinity is the digital asset insurance business of OneDegree Group, operating under a general insurance licence from the Hong Kong Insurance Authority. OneInfinity’s insurance products are specifically designed for digital asset trading platforms, custodians, asset managers and technology providers. They protect digital asset wallets against crime and specie risk and cover enterprise cyber security risk and directors & officers liabilities. OneInfinity utilizes CymetricsTM, a proprietary blockchain-compatible cyber security technology solution developed by the OneDegree team, to help businesses manage cyber, blockchain and digital asset risks from the perspective of hackers and insiders in the dynamic Web3 space. For more information, please visit: digitalasset-insurance.onedegree.hk/en-us. About ChainUp Group Founded in 2017, ChainUp is a leading end-to-end blockchain technology solutions provider covering infrastructure development and ecosystem support. Built on the mission to empower businesses through blockchain technology, ChainUp’s innovative and all-around compliant solutions include digital asset exchange systems, NFT trading systems, wallet solutions, liquidity solutions, and digital assets custody and management. Headquartered in Singapore and with offices around the world, the company has served more than 1,000 clients in 30 countries, reaching over 60 million end-users. For more information, please visit: www.chainup.com. Contact Details ChainUp Group Xue Zhen Yeo +65 9325 6483 xuezhen.yeo@chainup.com OneInfinity by OneDegree Lisa Lin lisa.lin@onedegree.hk

July 15, 2022 04:24 AM Eastern Daylight Time

International Bank Executive Frank Morisano Joins Treliant as Senior Managing Director to Drive Rapid Growth in Credit Solutions

Treliant

Treliant, an essential, global consulting partner to the financial industry, has named international bank executive, Frank Morisano to the newly formed position of Senior Managing Director, Credit Solutions. This position was created to address significant increases in demand and to bring additional executive focus to Treliant’s credit solutions group, which delivers practitioner-based credit offerings to financial industry clients across the full credit lifecycle – from developing credit programs, undertaking periodic loan review, to enhancing portfolio management, and addressing problem loans. In addition to expanding and enhancing the firm’s Credit Solutions business unit, Frank will also be a member of the executive leadership team, contributing to the overall strategy and operational direction of the company. “Frank Morisano brings over 30 years of relevant experience in financial services and consulting. He is internationally recognized for helping banks meet demanding regulatory requirements without losing momentum toward their ambitious business objectives,” said Treliant CEO David Samuels. “This is Treliant’s sweet spot, and I am thrilled to welcome Frank to the leadership team, where I am confident that his contributions will help us to expand our solution set and sustain our hyper growth.” Frank joins Treliant from Industrial and Commercial Bank of China, the world’s largest bank, where he was Chief Risk Officer with responsibility for the Americas risk profile, strategic planning, governance, and other areas of risk management and operational resilience. He also implemented a compliant cybersecurity framework and procedures as Chief Information Security Officer. Prior executive management roles include the leadership of revenue-generating businesses at PwC, GMAC, JPMorgan Chase, and Bank of America. At PwC, he also gained deep practical, profitable consulting experience in multiple countries where he established and led successful financial services practices. “I’m excited to join the Treliant organization and to have an opportunity to work with a team of professionals who are so grounded in the business, regulatory, and technology foundations of our industry,” said Frank Morisano. “I believe that my background and experience, combined with Treliant’s current credit solutions, will enable us to expand the business with data-driven and technology enabled solutions, that drive significant cost savings and transform the way they operate.” Treliant Treliant is a global consulting firm serving banks, mortgage originators and servicers, FinTechs, and other companies providing financial services. We are led by practitioners from the industry and the regulatory community who bring deep domain knowledge to help our clients drive business change and address the most pressing compliance, regulatory, and operational challenges. We provide data-driven, technology-enabled advisory, implementation, and staffing solutions to the regulatory compliance, risk, financial crimes, and capital markets functions of our clients. Founded in 2005, Treliant is headquartered in Washington, DC, with offices in New York, London, Belfast, Northern Ireland, and Łódź, Poland. Contact Details Melissa Pazornik +1 202-249-7932 mpazornik@treliant.com Company Website https://www.treliant.com

July 14, 2022 02:34 PM Eastern Daylight Time

CollaborationRoom.AI and Provana Announce Joint Solution for Superior Contact Center Effectiveness

Provana

Provana, provider of the industry’s first unified platform for compliance and performance management, and CollaborationRoom.AI, an agent engagement, productivity, and compliance solution for hybrid workforce, today announced a partnership that creates the most holistic agent effectiveness management solution available to contact center leaders. CollaborationRoom.AI has built an engagement platform that recreates the same employee experience whether working from home or from the office. The solution uses an entirely browser-based deployment to replicate an office working environment. In parallel, Provana’s leading Interaction Analytics platform analyzes agent voice call interactions for insights into call quality, compliance, and agent effectiveness. Through this partnership, contact center managers will get a 360-degree view of agent performance by analyzing the agent’s behavioral attributes combined with their voice interactions. This provides a deeper and richer set of insights into agent empathy and the elements that drive increased CX in each agent interaction. Provana’s team will also provide a layer of analytics services to CollaborationRoom.AI customers, even those not using Provana for Insight Analytics. “We are excited to be working with such a notable innovator in the contact center space,” said Sean Clark, SVP Products at Provana. “We strive for the most contextualized and customizable interaction analytics to our customers. CollaborationRoom.AI extends the depth of our ability to provide context for actionable insights.” “Provana brings a unique combination of technology and analysts to contact centers in consumer finance, insurance, and other industries,” said Sameer Maini, Chief Executive Officer at CollaborationRoom.AI. “We are pleased to bring our technology to market with one of the most robust and growing players in the industry.” About CollaborationRoom.AI CollaborationRoom.AI patent pending solution enables the supervisor to manage their remote teams as if they are in a brick-and-mortar facility. The CollaborationRoom.AI solution enables customers to drive higher agent utilization, lower attrition and increase compliance. Learn more at www.collaborationroom.ai. About Provana Provana’s compliance and performance management solutions are the first of their kind, providing effortless control over process-intensive and regulated operations. Available to large and midsize enterprises in the consumer finance, legal and healthcare markets, Provana technology is based on a decade of business process management (BPM), AI, RPA, regulatory compliance, and secure data operation expertise. Provana BPM services operate in hundreds of client back offices. The Provana platform can be enabled with managed services and has modules for call analytics, consumer self-service, policies, procedures, disputes, complaints, internal & external audits, noncompliance resolution, licensing & insurance, and BI for operational control. Learn more at www.provana.com. Contact Details Provana Britney Schaeffer britney.schaeffer@provana.com Collaborationroom.AI Viji Maini Viji.maini@collaborationroom.ai Company Website https://www.provana.com/

July 14, 2022 08:14 AM Central Daylight Time

BLUEPEAK TO BRING A FASTER, MORE RELIABLE INTERNET TO ST. JOSEPH, MISSOURI

Bluepeak

Bluepeak is expanding to the Show-Me State. The internet provider announced today a franchise agreement with the state of Missouri and plans to bring its advanced fiber-to-the-home network initially to the city of St. Joseph. The roughly $36 million expansion effort will bring Bluepeak service to nearly 36,000 residences and businesses in the community. “Fast, reliable, affordable broadband connectivity is increasingly important for everyday life and economic development,” said Rich Fish, CEO of Bluepeak. “We’re thrilled to partner with the state of Missouri and St. Joseph to help meet their growing internet needs today and in the future.” According to Broadbandnow.com, Missouri ranks 39 th in the nation in internet coverage, speed and availability. Moreover, a 2021 report by the Missouri Department of Economic Development found the Show-Me State ranks in the bottom five in the nation for access to low-cost internet, while 23 percent of students in the state do not have access to high-speed internet. “Broadband in St. Joseph can be a challenge, and we look forward to giving our community more options,” said Abe Forney, St. Joseph’s Public Works & Transportation Director. That’s where Bluepeak comes in. With its service, customers get faster speed, equal upload and download speeds, and whole-home WiFi. Bluepeak features all-in pricing, where the price on the website is the price on the bill, with a minimum service tier of 1 gigabit-per second (Gbps) for just $50 per month. Homes can get up to 5 Gbps and businesses 10 Gbps. Each internet speed package includes eero Secure, which protects devices from online threats, ads and allows for customized content filtering. Bluepeak's network provides faster speeds, better connectivity, and the bandwidth to connect more devices for internet, streaming, gaming and more. Bluepeak is designed to provide the best fiber connection without the things that get in the way of great service — like red tape, hidden fees and slow response times. In addition, Bluepeak is dramatically improving the options for residents in Oklahoma, Wyoming, South Dakota, North Dakota, Minnesota, and now Missouri by providing fast, reliable, affordable internet to communities like St. Joseph. Those in St. Joseph looking for more information can visit mybluepeak.com. Residents and businesses interested in service availability or details on the construction process can sign up for updates by entering their service address at mybluepeak.com. About Bluepeak Bluepeak is building a faster, more reliable internet without the things that get in the way of great service - like red tape, hidden fees, and slow response times. Offering up to 5 gigabits of speed for residential customers and 10 gigabits for businesses, Bluepeak is a whole new ballgame - from internet to TV, to connecting every device in a home, to powering a business, Bluepeak not only provides the best fiber connections in the communities it serves, but also meets the growing needs for how its customers live. Visit mybluepeak.com to learn more. Contact Details Bluepeak Jesse Granger +1 720-703-4315 mediaqueries@mybluepeak.com Company Website https://www.mybluepeak.com

July 14, 2022 08:00 AM Eastern Daylight Time

Unocoin Collaborates With CleverTap to Offer Its Users Omnichannel Customer Experiences

CleverTap

CleverTap, the modern, integrated retention cloud, today announced it has partnered with Unocoin, India’s first crypto exchange, to optimize, accelerate their user engagement, and provide a seamless omnichannel customer experience. Through this collaboration, and by integrating CleverTap’s solution into its app, Unocoin is now equipped to better understand user behavior and has the ability to create segments based on user activity, demographics, and other parameters. Unocoin will also be able to create hyper-personalized campaigns to engage with its audience across multiple channels at the right time with precise communication. “As a platform that helps individuals with investments into cryptocurrencies, we need to be cognizant of the exact needs of our users. Understanding a customer’s behavior on our app becomes vital as this helps us provide a tailored experience. Since awareness and understanding of cryptocurrencies at large is at a nascent stage, delivering precise communication becomes all the more important,” said Suhas SK, Senior Vice President - Marketing, Unocoin Technologies Private Limited. CleverTap enables Unocoin to keep track of app activity, in-app purchases, and returning users. Unocoin will also be able to personalize customer experience using real-time behavioral data with precise predictive recommendations, leading to engagement opportunities based on each user’s exact needs. “We are delighted to partner with Unocoin in their journey to make investing in cryptocurrency easy for all. With CleverTap Retention Cloud, Unocoin will be able to hyper-personalize the experience for every investor. Today, hyper-personalization is crucial at every point in a customer’s journey and is a key enabler to growth. We are confident that with our help, Unocoin will be able to grow and offer its customers exactly what they need,” said Vikrant Chowdhary, Chief Growth Officer, CleverTap. About CleverTap CleverTap is the modern, integrated retention cloud that empowers digital consumer brands to increase customer retention and lifetime value. CleverTap drives contextual individualization with the help of a unified and deep data layer, AI/ML-powered insights, and automation enabling brands to offer hyper-personalized and delightful experiences to their customers. 1,200+ customers in 60+ countries and 10,000+ apps, including Gojek, ShopX, Canon, Mercedes Benz, Electronic Arts, TED, Jio, Premier League, TD Bank, Carousell, Papa John’s, and Tesco, trust CleverTap to achieve their retention and engagement goals, growing their long-term revenue. Backed by leading venture capital firms, including Sequoia, Tiger Global Management, and Accel, the company is headquartered in Mountain View, California, with offices in Mumbai, Singapore, Sofia, São Paulo, Bogota, Amsterdam, Jakarta, and Dubai. For more information, visit clevertap.com or follow on LinkedIn and Twitter. About Unocoin Started in 2013, Unocoin is a Bangalore-based technology startup and is India’s first entrant into the bitcoin industry. The company operates India’s largest (in Indian customer base) BTC-INR trading platform which enables Indians to buy, sell, store, use, and accept bitcoin. At its peak, Unocoin processed transactions worth more than INR 2B per month for its 1,300,000+ customers. The startup has been featured among the Top 20 companies in The Fintech20: India List, and have won prestigious titles like ‘The Golden SABRE award’ in financial communications for the project, ‘Bit-by-Bit: Building Bitcoin in India’ and ‘TECH30’ award from YourStory.For more information, visit https://www.unocoin.com/in Forward-Looking Statements Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could amount in the actual result being absolutely different from the results anticipated by the statements mentioned in the press release. Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages. Contact Details Sony Shetty sony@clevertap.com Company Website https://clevertap.com/

July 14, 2022 04:12 AM Eastern Daylight Time

Meetkai Launches the World’s First Publicly Available AI-Powered Metaverse Accessible via VR & any Smart Device

MeetKai

MeetKai, a conversational AI and metaverse company currently deployed in more than 30 countries for more than 20 million users, announced the launch of the world’s first publicly available AI-powered metaverse that is accessible via VR and any smart device. Free and open to the public, a physical billboard at the corner of 7th Avenue and 47th Street has been turned into an anamorphic portal to MeetKai’s metaverse in a virtual recreation of Times Square in New York City. After scanning a QR code, users can simultaneously explore the exact same location physically and digitally, interact with other players, and enter other worlds from MeetKai’s metaverse. This “Phase 1 Beta” activation is the first installment of MeetKai’s broader ambition to map the entire world and enhance reality instead of trying to replace it, making activities such as shopping, collaborating, or learning easier and more enjoyable with the help of AI and VR. “We are rewriting the rules of the metaverse in ways that lower barriers to technology adoption, make it easier and more accessible on-the-go for smart device users, and provide high-performance immersive experiences; all without the need for closed system apps or costly hardware such as VR headsets,” said James Kaplan, Co-Founder and CEO, of MeetKai. “Our core expertise in conversational AI has also enabled us to develop leapfrog smart virtual assistant services that will make the metaverse more intuitive, human, and more valuable for consumers, creators, and businesses.” Proven technology, founders, global partners MeetKai leverages an advanced patented conversational AI technology that is capable of understanding negation queries, natural speech, and remembering context for authentic, multi-turn conversations. The launch of MeetKai’s first voice-operated AI concierge enabled consumers to leave behind traditional command-based exchanges with smart device assistants, opting for purposeful and full-fledged interactions that feel natural enough to resemble being on a phone call with a real-life friend. MeetKai’s AI supports 16 languages and its personalized software solutions and virtual assistants are used by more than 20 million users across 30 countries in Europe, Asia, and South America. MeetKai is co-founded by successful serial entrepreneur Weili Dai and James Kaplan. Kaplan, who serves as CEO, is an AI researcher, engineer, and inventor. Dai, the company’s Executive Chairwoman, is the Co-Founder of Marvell Technology Group and was named by Newsweek as one of the 150 Women Who Shake the World. Forbes also ranked Dai as one of the world’s most powerful women in 2014, its 95 th richest woman in the world in 2015, and 21st richest self-made woman in the U.S. in 2022. U.S. partners of MeetKai include Nvidia and Scriber, the creator subscription service for professional entertainers, recently launched by the Jonas Brothers. A better metaverse: open, inclusive, and rooted in reality Experiencing the metaverse today requires app downloads that act as closed systems and resources such as VR headsets that aren’t accessible to all. This reality has created a fragmentation and digital divide that could prevent entire populations from accessing and participating in the metaverse at its most formative stage of development. MeetKai Metaverse, not only creates VR-based experiences designed for headsets, but is by contrast, open, intuitive, and ultimately designed to be accessible to more than 83% of the world’s population owning a smartphone, as well as any browser compatible device - tablets or PCs - with zero download time. MeetKai’s AI also ensures that communication mimics the way people converse in real life, versus having to adapt to the way machines process information. “Our vision for the MeetKai Metaverse is to map the real world on an AI-powered virtual world with rich experiences that have the potential to improve life and expand knowledge using cutting-edge technology. This is a tool that people can use to enrich their skill set, work, collaborate, and engage with brands and organizations. As a result, efficiency is multiplied and real world lifestyles become more meaningful in a way that everyone can truly benefit from”, said Weili Dai, Co-Founder and Executive Chairwoman of MeetKai. “This is our mission for an inclusive and democratized metaverse as the world’s leading and most innovative metaverse company – one that is founded on proven AI technology leadership, global access and connections, and significant resources required for long-term execution and success”. Exclusive Times Square access, inclusive experiences While MeetKai’s metaverse access is open and free to anyone with the QR code, exclusive perks will be provided for those who enter through the virtual portal located on a billboard at the corner of 7th Avenue and 47th Street in Manhattan. They will have the opportunity to claim rare “Key to the City - NYC Edition” NFTs, able to unlock gift cards and special features. One of the keys will also grant its owner the chance to have a metaverse street named after them and inspired by their interests. Access will also be granted to everyone who scans the QR code today, and all users regardless of location will be able to claim a MeetKai Metaverse citizenship and enter an alternate Louvre metaverse, also developed by MeetKai. The Time Square portal and billboard will remain open until August 11, 2022. About MeetKai Inc. MeetKai Inc. is an Artificial Intelligence and Metaverse Company based in Los Angeles, California. Listed by Forbes as “the company leading the AI speech race”, MeetKai’s cutting-edge AI can understand complex speech, give personalized results in a natural conversation, and boast expertise about any subject. After reaching 20+ million users worldwide, MeetKai is currently dedicated to shaping the future of the metaverse by building a virtual world rooted in reality and true utility, accessible to everyone, everywhere. Visit www.meetkai.com for more info & the latest MeetKai news. For media inquiries, please contact: MeetKai@ruderfinn.com Facebook: https://facebook.com/meetkaihub Twitter: https://twitter.com/meetkaihub Instagram: https://instagram.com/meetkaihub TikTok: https://www.tiktok.com/@meetkaihub MEETKAI CO-FOUNDER BIOGRAPHIES Weili Dai is the Co-Founder and Chairwoman of MeetKai Inc., where she is leading the charge to make next-gen Conversational AI in the metaverse a reality. Widely considered a technology visionary, she is the only woman Co-Founder of a global semiconductor company, Marvell Technology Group, and is the Co-Founder and President of FLC Technology. Additionally, Ms. Dai is the Chairwoman of Lark Health through which she has become a powerful advocate for the better use of technology to improve the human condition. Forbes Magazine listed Ms. Dai as one of the “World’s 100 Most Powerful Women” and Newsweek named her as one of the “150 Women Who Shake the World.” Ms. Dai was also named to the prestigious Committee of 100, an organization representing the most-influential Chinese Americans. She holds a Bachelor of Science degree in Computer Science from the University of California at Berkeley and currently resides in Las Vegas, NV. James Kaplan is the Co-Founder and CEO of MeetKai Inc., a VR and Conversational AI company shaping the next-gen of artificial speech intelligence. He founded the company with Co-Founder and Executive Chairwoman, Weili Dai, after becoming frustrated with the limitations of current automated assistants. Kaplan has had a true passion for AI and coding since he was six and wrote his first bots at only nine years old, including the first Pokemon Go bot and many others still popular to this day. Now his pioneering work in the metaverse puts MeetKai in competition with the largest names in tech. Kaplan studied Computer Science at Harvey Mudd College in Claremont, California, and currently resides in the Los Angeles area. Contact Details Ruder Finn MeetKai@ruderfinn.com

July 13, 2022 12:42 PM Eastern Daylight Time

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Adaptiva and Ponemon Institute: Report Finds Nearly Half of Enterprise Endpoint Devices Present Significant Security Risks

Adaptiva

Adaptiva today released the inaugural “ Managing Risks and Costs at the Edge ” report. Sponsored by Adaptiva and conducted by Ponemon Institute, 629 IT and IT security practitioners in the United States were surveyed, representing an average organizational headcount of 13,213 and IT budget of $184,366,500. Respondents indicated that most enterprises struggle to maintain visibility and control of their endpoint devices, leading to increased security breaches and impaired ability to ward off outside attacks. Report findings show that the average enterprise now manages approximately 135,000 endpoint devices. Despite $4,252,500 of annual budget spent on endpoint protection, an average of 48 percent of devices – or 64,800 per enterprise – are at risk because they are no longer detected by the organization’s IT department or the endpoints’ operating systems have become outdated. Additionally, 63 percent of respondents find that the lack of visibility into their endpoints is the most significant barrier to achieving a strong security posture. Additional report highlights include: Sprawling Centralized Infrastructure: IT organizations are facing unprecedented rates of distribution point sprawl, which has grown rapidly since the onset of the COVID-19 pandemic. 61 percent of respondents say distribution points have increased in the last two years, and the average endpoint has as many as 7 agents installed for remote management, further adding to management complexity. Updates Are Hardest to Maintain: 62 percent of respondents say new OS and application versions are the most difficult to maintain across all endpoints, followed by patches and security updates at 59 percent, and network settings and connectivity issues at 50 percent. Lacking Resources: 66 percent of respondents say that their organizations don’t have ample resources to minimize endpoint risk. Consequently, respondents indicate they could only stop 52 percent of attacks with their current technologies and expertise. “The world has been changing at unprecedented rates in the last two years, yet there haven’t been any significant innovations in the endpoint management space for over a decade, since the advent of cloud computing,” said Deepak Kumar, Founder and CEO of Adaptiva. “Unfortunately, most organizations are running uphill with endpoint management tools that weren’t designed for today’s distributed, decentralized, and digital-first world. IT needs tools that provide organizations with total and complete visibility over their endpoints, with real-time and continuous delivery of content to keep them healthy, patched, and secure. This won’t be achieved by the dominant endpoint management solutions in the market today, which still rely on bloated centralized infrastructure, in the cloud and on-prem.” As cyberattacks increase in frequency and magnitude, organizations are under increasing pressure to implement effective endpoint management solutions. Fifty-four percent of respondents had an average of 5 attacks on their organizations in the last year, at an average annual cost of $1.8 million. The cascading effects of system downtime and disruptions to employee productivity have left organizations scrambling to keep up. Fortunately, enterprises now have options that can help eliminate costly infrastructure and repetitive human effort, while also continuously monitoring and automatically remediating endpoint issues with simple customization that keeps the edge of your network secure. Visit adaptiva.com to read the full report and learn how Adaptiva’s solutions can help your organization gain proactive control over all their Windows endpoint devices. About Adaptiva: Adaptiva provides serverless endpoint management that eliminates the need for a vast IT infrastructure and monitors itself by automating traditionally manual tasks. Leveraging innovative peer-to-peer protocols, the Adaptiva Edge Cloud Platform is powered by the surplus capacity of existing devices already on the network – in the office or working from home. This enables IT to continuously deliver software, configurations and patches to endpoints no matter where they are. The world’s largest enterprise organizations and government agencies rely on Adaptiva for real-time endpoint visibility and content delivery, as well as automated compliance checks, remediations, and patching without ever throttling the network or the end user experience. Learn how at adaptiva.com. About Ponemon Institute: Ponemon Institute© is dedicated to advancing responsible information and privacy management practices in business and government. To achieve this objective, the Institute conducts independent research, educates leaders from the private and public sectors, and verifies the privacy and data protection practices of organizations in a variety of industries. Contact Details Owen Media Forrest Carman +1 206-859-3118 forrestc@owenmedia.com Company Website https://adaptiva.com/

July 13, 2022 07:00 AM Pacific Daylight Time

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