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One App To Rule Them All? The Fintech Company Offering Integrated Financial Solutions

Current

In 2020, the US saw total e-commerce sales reach $537 billion, as an increasing amount of financial activity moves online. It is arguably more important than ever for people to have integrated financial solutions to suit the modern market. Over 160 million Americans currently use online banking, with money transfers and payments having the highest customer adoption rate among financial technology (fintech) services. This fintech revolution is leading the shift away from traditional banking systems in favor of more innovative and integrated financial services that suit modern lifestyles. One company providing unification of financial services onto one platform is New York City-based Current. From the convenience of one app, Current says its users can seamlessly meet all their financial needs, making deposits and monitoring payments and paychecks. Current is a fintech solutions provider and not a bank, and its banking services are provided through a partnership with Choice Financial Group, a member of the Federal Deposit Insurance Company (FDIC). A Current Trend? Through the company’s Current Core financial technology, financial services are now all in one place. Receiving paychecks, using savings, and debit cards, buying and selling crypto, and more can all be done through a single app. The company highlights multiple advantages provided through the Current platform to its users. With a Current account, paychecks can be delivered up to 2 days sooner through its early direct deposit service. 1 This means waiting less time for payday and increased financial flexibility. The Current platform also allows for crypto buying and selling with dozens of cryptocurrencies. With no trading fees, users can exchange crypto for cash and vice versa instantly, getting instant access to funds and uncomplicating crypto for beginners and veterans alike. Crypto novices will especially appreciate the straightforward settings that include in-app crypto tips. Another exciting platform feature is Current’s savings pods. These allow users to set aside funds and save right away, earning 4.00% annual percentage yield (APY) - 15x the national average. 2 Users get an increase in their savings whether the pod has $1 or $1000, and they have 24/7 access to the money with no restrictions. This means they can spend or reinvest savings at any time they need. Through this integrated financial app and platform, Current looks to allows users’ money to work together efficiently in a solution that suits 21st-century financial needs. Interested in learning more about Current? Visit its website at Current.com. Cryptocurrency services are powered by Zero Hash LLC and Zero Hash Liquidity Services LLC, and may not be available in all states. Licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services. Terms and conditions apply. All forms of investments carry risks, including the possible loss of principal. Cryptocurrency is not subject to FDIC or SIPC coverage. 1 Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies versus deposits made electronically. Direct deposit and earlier availability of funds is subject to timing of payer's submission of deposits. 2 The Annual Percentage Yield ("APY") for Current Interest is variable and may change at any time. The disclosed APY is effective as of November 1, 2022. No minimum balance required. Must have $0.01 in Savings Pods to earn Current Interest on up to $2000 in deposits per Savings Pod up to $6000 total. Please refer to Current Interest Terms and Conditions. 15x rate calculated using the FDIC average National Deposit Rate for savings accounts of 0.24. www.fdic.gov/resources/bankers/national-rates/index.html Current is a leading U.S. financial technology platform serving the needs of Americans who are working to create a better future for themselves. Our mission is to enable members to change their lives by creating better financial outcomes. Leveraging the best technology, we deliver inspirational and motivational products as we all move forward in a world of increasing digitization and complexity. Cryptocurrency services are powered by Zero Hash LLC and Zero Hash Liquidity Services LLC, and may not be available in all states. Licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services. Terms and conditions apply. All forms of investments carry risks, including the possible loss of principal. Cryptocurrency is not subject to FDIC or SIPC coverage. 1 Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies versus deposits made electronically. Direct deposit and earlier availability of funds is subject to timing of payer's submission of deposits. 2 The Annual Percentage Yield ("APY") for Current Interest is variable and may change at any time. The disclosed APY is effective as of November 1, 2022. No minimum balance required. Must have $0.01 in Savings Pods to earn Current Interest on up to $2000 in deposits per Savings Pod up to $6000 total. Please refer to Current Interest Terms and Conditions. 15x rate calculated using the FDIC average National Deposit Rate for savings accounts of 0.24. www.fdic.gov/resources/bankers/national-rates/index.html Contact Details Erin Bruehl media@current.com Company Website https://current.com

December 07, 2022 02:10 PM Eastern Standard Time

DragonFly: This American Company Is Innovating In The Hypercompetitive Li-ion Battery Industry

Benzinga

Denis Phares, CEO of Dragonfly Energy Holdings Corp. (NASDAQ: DFLI) was a guest on Benzinga’s All Access on 12/2/22. Dragonfly Energy is an industry-leading manufacturer of deep cycle lithium-ion batteries and is spearheading conventional and solid-state lithium-ion battery research and development worldwide. Sold under the Battle Born Batteries brand, the company’s products are used for powering and charging devices and appliances, low-density mobility, high grade energy storage, and are ideally suited for applications where stability, longevity, and safety are a priority. Watch the full interview here: This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

December 07, 2022 01:30 PM Eastern Standard Time

Video

Minuteman Press Franchise in Bloomington, MN Celebrates 15 Years in Business

Minuteman Press International Inc

Bill and Karen Grewe have owned their Minuteman Press franchise in Bloomington, Minnesota since July of 2007. As they celebrate 15 years in business, Bill shares keys to success, lessons learned, high-demand products and services, and many more insights and reflections. Minuteman Press in Bloomington is located at 8742 Lyndale Avenue South, Bloomington, MN 55420. Congrats on 15 years in business! What does this milestone mean to you and what are 3 keys to your success and longevity? Bill Grewe: It means we’ve thrived over other competitors in the area, and we lasted longer than the average small business. Most recently, we survived the Covid-19 crisis, and we start to see a return to normalcy. Further, our retirement plans include continuing to work in our shop for the foreseeable future. We still enjoy it! Key 1: Our customer focus requires us to authorize staff to solve ‘the problem.’ We back the good faith decisions made in our absence. We prioritize discussions about how to solve issues when we are available. We emphasize that the customer is not always right, but we all make mistakes. Even so, there is no need to place blame. We look for win-win solutions. Key 2: Prioritize the quote. It is not the least expensive print company that gets the job; it is the most responsive. Sure, we accommodate ‘commodity-focused’ customers. We also price aggressively on three tiers: retail, print brokers, and non-profits. We also have two of our five employees, who generate estimates for us. Key 3: Value your team members. Our payroll is excessive, and that is intentional. We pay for talent, and that inspires loyalty. When Covid forced us to reduce hours and pay, our staff supported us. We share the successes and struggles, and we look for opportunities together. What are some of the key ways you’ve grown your business? Bill Grewe: One of the hardest lessons we learned was ‘cold calling.’ We waited too long to start following the advice received at training. (What can we say, introverts find it difficult.) A business coach encouraged us to experiment with a variety of ideas. So, we ventured outside the ‘comfort zone.’ As the business expanded, we found a salesman to perform this task for us. Early on, we remembered an important lesson from Minuteman Press International (MPI), “When someone asks you if you can ‘print this’, the answer is always ‘Yes.’” Since our small print shop simply did not have the resources to produce every job, we figured out how to find “central facilities” to fill the gaps. (Hint: We asked our MPI friends, searched the internet for trade only printers, and checked the vendor catalog.) Before FLEX offered a feature to request reviews, we employed a vendor to perform the service on our behalf. Now, we use functionality built in to automatically make this request when invoices are sent. The benefit of our finding this functionality early is that we are working to maintain a 5.0 rating, not trying to earn it. Our Google rating is one of the most often mentioned ways that new customers find us. What are the high-demand products and services that have really been helpful for your clients? Bill Grewe: EDDM offers one landscaping customer the opportunity to replace the 20% customer loss experienced year-over-year. On a routine basis several times each year, we use a central facility to produce 30,000 postcards. Our customer chooses the carrier routes they want to prospect. Then, we batch the postcards and deliver them to various post offices in the area. Wide format is a place where our central facility strategy permits us to offer signs for graduates. Our graphic designer offered to produce artwork for a school-themed graduation sign, and word quickly spread. Several other schools participated, and parents even paid in advance our third year providing this service to our community. One private school decided to pay for all the signs ahead of time and resell them. We print so many envelopes, regular and window. We moved our envelope printing off our digital toner machines onto an inkjet envelope printer, and we assigned the task to our graphic designer. This freed up our other machines for other work. We still have discriminating customers, who demand precise color. So, when our team cannot match color digitally, we work with an area pressman, who works out of his garage. How would you best describe your community? Bill Grewe: Bloomington is the 5th largest city in Minnesota with more jobs per capita than either Minneapolis or St. Paul, the two largest cities. Businesses range in size from the smallest to large, multi-national corporations. From a business perspective, the opportunities are abundant. Why do you think printing remains so vital to businesses today? Bill Grewe: Print provides tangible marketing messages that you can set aside for a convenient read. Where people skim their emails followed by the quick delete, they store and share meaningful documents. What was your background before franchising and why did you choose Minuteman Press? Bill Grewe: Neither of us comes from a print background. Karen worked in a day care center, then provided home day care. I worked for the revenue department for 20 years before looking for something new. An advertisement caught my attention, and the rest is history. What has the support from Minuteman Press International been like for you? Bill Grewe: After learning volumes of new information during training, I spent the first year figuring out what it all meant. Remember when I said we waited too long to start following all the advice we received from Minuteman Press International? I was so wrapped up in trying to understand it all, I missed the ‘do this’ advice that helped our business start growing. The FLEX software is a significant advancement over previous versions, which underscores Minuteman Press International’s commitment to improvement. Its integration with the website and increased functionality allows us to accept orders and payments online. Much of our business remains either an email or phone conversation, but the day is coming when current customers can reorder previously delivered projects with the click of a portal button. We should not miss an opportunity to thank the most important local support provided by Minuteman Press International, our field representative Kate. When Bill, our salesman, retired in July this year, Kate was on the job helping train Pete with updated advice from the franchisor, using FLEX, etc. What are the biggest personal and professional rewards of owning your business? Bill Grewe: For us, our franchise provides a sense of security. While there are income fluctuations, the business provides a steady income. Furthermore, it is part of our retirement plan. (We enjoy working with our staff.) What advice would you give to other business owners or people looking to own a business? Bill Grewe: For people looking to own a business, your first responsibility is to build your market share. Your employees depend on their paycheck. This means you must separate yourself from the day-to-day operations and focus on how to increase income. Our franchise focuses on building a relationship with customers. This starts with listening long enough to hear the vision, ask questions to clarify the intent, and suggest options that deliver the right product on schedule. It involves managing expectations and avoiding unrealistic promises. Sometimes the best thing to tell your customer is, ‘We simply cannot meet that deadline.’ Otherwise, you risk delivering a product that advertises failure. It’s better to overdeliver. For more information on Minuteman Press in Bloomington, MN, visit their website: https://minuteman.com/us/locations/mn/bloomington/ Learn more about #1 rated Minuteman Press franchise opportunities and see Minuteman Press franchise reviews at https://minutemanpressfranchise.com. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

December 07, 2022 10:00 AM Eastern Standard Time

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ZeronsoftN brings ZeroBack Solution, their latest online remote IT management software suite to US and Japan

ZeronsoftN

SEOUL, SOUTH KOREA - Media OutReach - 7 December 2022 - South Korean PC management automation solution company, ZeronsoftN, seeks to expand to the United States and Japan with its new product, ZeroBack Solution. ZeroBack Solution is an integrated solution for companies to manage their IT infrastructures remotely. Powered by AI and big data, ZeroBack Solution monitors the hardware and software performance of all connected IT devices in real-time. This enables IT teams to project timelines for hardware upkeep, and make plans for scheduled maintenance to optimize operational efficiency while having the agility to respond to unexpected errors and cyber-attacks proactively. Statistics have shown that 51% of all ransomware attacks in the world happen in the United States alone. Between 2015 and 2021, the global cost of ransomware rose from $325 million in 2015 to $20 billion in 2021. A report by IBM estimated that the annual cost of data breaches for businesses grows by 10% yearly on average, rising from $3.86 million in 2020 to $4.24 million in 2021. The same report stated that in a post-pandemic world, where remote working is on the rise, data breaches cost $1.07 million higher when remote working was a factor, and organizations that had more than 50% of their workforce working remotely took 58 days longer to identify and contain the breach. Through rapid OS (operating system) cycle management based on P2P technology, ZeroBack Solution helps businesses create regular snapshot backups of their IT infrastructure, enabling a rollback with minimal downtime and disruption if required. ZeroBack Solutions PMS (patch management system) automates the installation of software updates for all devices and accounts to minimize vulnerabilities. The platform allows the complete deletion of data from hard drives remotely, with a zero percent recovery rate for companies to maintain digital hygiene or in the case of a ransomware attack. "As businesses globally get increasingly connected digitally, we believe that ZeroBack Solution can be a key part of their digital infrastructure. Our solution empowers businesses and organizations to manage the entire lifecycle of their IT devices from implementation to disposal seamlessly and remotely." Says Changmin Song, the CEO of ZeronsoftN. ZeroBack Solution's software suite can be modularly integrated and work at scale for any organization. Contact Details Media Contact Daniel Milton +65 8133 4584 daniel@bebop.asia

December 07, 2022 09:00 AM Eastern Standard Time

'Tis the Season-ally Inspired Holiday Menus at Firebirds Wood Fired Grill

500NewsWire

Charlotte, NC ( 500NewsWire ) -- Firebirds Wood Fired Grill introduces new holiday lunch and dinner menus just in time to make any celebration a memorable one this holiday season. From hand-cut wood-fire grilled NY Strip, and certified Duroc pork chop with cognac cream sauce, to Bananas Foster Bread Pudding for dessert, Firebirds’ limited time scratch-made menus are available now through January 3. Firebirds Wood Fired Grill is known for its signature hand-cut steaks and fresh seafood hand-fileted in-house and seared over locally sourced hickory, oak, or pecan wood on Firebirds’ exposed wood-fired grill. Firebirds’ seasonal Lunch Menu includes suggested wine pairings, and features: NY Strip (10oz.) BLT butter / choice of side Suggested wine pairing: Decoy Cabernet Sauvignon Parmesan Crusted Mahi Coal-roasted tomato-basil sauce / “loaded “ember-grilled corn / fresh asparagus Suggested wine pairing: Decoy Chardonnay Lump Crab Cakes Bold remoulade / wonton slaw / seasoned steak fries Suggested wine pairing: Firebirds Private Label Chardonnay Guests can enhance their entrées by adding: Lump Crab Cake Lobster Mac & Cheese Dessert Bananas Foster Bread Pudding Vanilla bean ice cream / spiced pecans / crispy cinnamon-sugar tortilla Firebirds’ seasonal Dinner Menu includes suggested wine pairings, and features: NY Strip (14oz.) BLT butter / choice of side Suggested wine pairing: Decoy Cabernet Sauvignon Tomahawk Prime Pork Chop Wood-grilled, certified Duroc pork chop / cognac cream sauce / red wine-poached apples / green chile mac & cheese Suggested wine pairing: Acrobat Pinot Noir Parmesan Crusted Mahi Coal-roasted tomato-basil sauce / “loaded “ember-grilled corn / fresh asparagus Suggested wine pairing: Decoy Chardonnay Lump Crab Cakes Bold remoulade / wonton slaw / seasoned steak fries Suggested wine pairing: Firebirds Private Label Chardonnay Guests can enhance their entrees by adding: Lump Crab Cake Lobster Mac & Cheese Dessert Bananas Foster Bread Pudding Vanilla bean ice cream / spiced pecans / crispy cinnamon-sugar tortilla Many of the restaurant’s dishes are created using fresh seasonal ingredients. Gluten-sensitive menu items, such as Grilled Tenderloin Salad, Wood Grilled Salmon, and Parmesan Mashed Potatoes, are also available. Firebirds offers catering, online ordering for ToGo and delivery options. In addition, Firebirds is offering a holiday gift card promotion. For every $100 in gift cards purchased in-store or online, guests will receive $20 in “bonus cards.” This special offer is available now through December 31st and “bonus cards” are valid for redemption from January 1 through February 9, 2023. For more information visit firebirdsrestaurants.com/gift-cards/. Firebirds Wood Fired Grill’s FIREBAR® offers an impressive array of seasonal cocktails, craft beer, bourbon, after-dinner drinks, Firebirds’ private label wine, hand crafted mocktails and more. Popular specialties include Wine Down Mondays, and happy hour in the FIREBAR® and on the Patio every Monday through Friday from 4PM – 7PM. Happy Hour times vary. Visit FirebirdsRestaurants.com to make a reservation, order ToGo online, or register to become a member of Firebirds’ Inner Circle and be the first to hear about upcoming events, promotions, new menu items and exclusive offers. Members receive a gift for joining and a gift for their birthday. About Firebirds Wood Fired Grill Firebirds Wood Fired Grill, a polished casual American restaurant, is an energetic twist on the traditional grill featuring a boldly flavored menu in a stylish, fire-centric atmosphere. Signature menu items include hand-cut steaks and fresh seafood hand-fileted in-house and seared over locally sourced hickory, oak, or pecan wood on Firebirds’ exposed wood-fired grill. Complementing its inviting dining room, a patio with seasonal comforts and the award-winning FIREBAR® are additional gathering spaces inside the restaurant. Firebirds has been named one of ten ‘Breakout Brands’ by Nation’s Restaurant News, and the 2022 Diners’ Choice Winner awarded by OpenTable. Firebirds supports sustainability efforts and partners with Alex’s Lemonade Stand Foundation, having surpassed $3 million raised for childhood cancer research through the sale of fresh-squeezed lemonade. To become a member of Firebirds Inner Circle, order ToGo online or to make a reservation visit firebirdsrestaurants.com. Contact Details Firebirds Wood Fired Grill Lesley Gamwell +1 404-309-6915 lgamwell@rountreegroup.com Company Website https://firebirdsrestaurants.com/

December 07, 2022 08:59 AM Eastern Standard Time

This Project Might Give Web3 The Radical Refresh It Desperately Needs

Radix

Radix DLT is the world’s first full-stack for DeFi, with the team behind it set on building the foundations for Web3 to truly scale and obsolete traditional finance for good - a feat still to be conquered by those building in the space. While the project isn’t to be fully launched on the public network until next year, after 9 years of building, on December 8, the dedicated and focused minds behind Radix will be unveiling how they plan to radically change the face of finance at the free virtual event, RadFi 2022. Find out more here. Despite the impressive growth registered by DeFi throughout 2021 and beyond, Ethereum and other smart contract platforms have been beset with problems of security and scalability, which has made it difficult for platforms to develop production-quality DApps. The Ethereum network, which first launched smart contracts several years ago, uses its native programming language Solidity, which is fairly easy to learn for simple smart contracts but gets incredibly complex and difficult to make secure. Many who’ve tried it suggest it would take years of programming experience with Solidity before it can be used to create secure and stable code. As a result, it’s prone to hacks, exploits, and failures even when built by experienced developers. If DeFi is to go mainstream, it needs to be able to radically improve in order to support a global shift for the $400 trillion banking and financial system that currently hosts billions of users worldwide. Why Have Web 3.0 And DeFi Development Suffered? At the core of what it takes to enable a digital ecosystem to thrive is its developers - a demographic who, ironically, has had one of the toughest onboarding journeys into Web 3.0 so far. Despite the growth of developers in Web 3.0 continuing to somewhat increase, only a small percentage of the world’s software engineers currently work in Web 3.0. The number of developers working specifically on DeFi projects is even smaller, and there are nowhere near enough programmers to achieve the scale of DeFi envisioned by its proponents. Of the almost 30 million developers globally, those trying to break into Web 3.0 are just a fraction. Here are some stats from the Electric Capital Developer Report (2021) on Web3 developers: 18,000+ monthly active developers commit code in open-source crypto and Web3 projects. 34,000+ new developers committed code in 2021 alone, which is the highest so far. 2,500+ developers are working on DeFi projects. Less than 1,000 full-time developers are responsible for over $100 billion in total value locked in smart contracts. The team building Radix believes there are four major barriers DeFi developers face that are hindering the growth of DeFi. Its goal is to solve these problems through four crucial technologies that build the backbone of the Radix network: Achieve scalability without breaking DeFi composability, for which Radix developed Cerberus consensus protocol Avoid smart contract app hacks, exploits, and failures through its Radix engine Build interoperable DeFi dApps faster through the creation of a DeFi blueprint catalog of reusable code Incentivize the decentralized development community through its developer royalties program, which is directly managed by the platform After nine years of innovative development leading to an impressive roadmap, those behind the project are about to finally unveil exactly how Radix’s radically different infrastructure will finally take Web3 mainstream. Radix is building “the future of DeFi” on an asset-oriented approach, which is fundamentally different from Ethereum and almost anything else currently existing within the ecosystem. With Ethereum smart contracts, users don't actually hold or directly control their tokens, and instead rely completely on the smart contract and its ability to maintain a list of balances that defines the “ownership” of each token. Unlike most smart contract platforms where your tokens aren’t actually stored in your wallet, with asset-oriented DeFi built on the Radix Engine, users will actually hold their tokens within their own smart contract account on ledger and would not need the approval of other smart contracts to spend their own tokens. They can also define exactly how many tokens they intend to pass to or receive back from smart contracts - vastly improving security and enabling the concept of a “trustless” ecosystem to thrive. To make the advantages of an asset-oriented paradigm real and usable for developers, Radix has built its own custom programming language, Scrypto, which enables the Radix Engine’s unique features while maintaining a much-improved development experience with expressive logic. Scrypto’s asset-oriented features, and the lifecycle of a “component” (a Scrypto smart contract), would naturally allow developers to focus on their own business logic and lean on the Radix Engine for intuitive, safe handling of assets. Once the final deployment of Radix is complete, developers who build on the network will be able to build efficient, secure, and usable products much easier than ever before, and in a way that resembles the fast-adopted simplicity of traditional fintech. The team behind Radix doesn’t seem to do anything by halves. Ahead of the release of ‘Babylon’ next year – the DeFi ecosystem that will enable Scrypto “component” smart contracts to run on network – Scrypto was made available in a private environment earlier this year for developers to experiment with early builds & tests. Within mere months, excitement was buzzing among the developers who took up the opportunity, with many pointing out the considerably cleaner experience in comparison to other smart contract languages. Scrypto has been gaining more and more traction since, with more than 130 projects now having been built onto the platform before it’s even public. Here are some excerpts from those building on the project so far: “Using Scrypto is kind of like bowling with the bumper walls up so you can't hit the gutter (hacks, bugs, composability issues) and it's faster/easier to get a strike.” “Scrypto is a game-changer. Once folks from the other ecosystems figure it out, they will come to Radix to build. We'll see an explosion of DApps being built for the network.” One analogy is a visual comparison of a poor man's toolbox with a hammer, wrench, and ruler (solidity tools) vs a fully sponsored workshop with power tools, a lathe, a table saw (scrypto tools) Recurring events like that of FTX’s demise prove the crypto industry needs to migrate from trusting centralized institutions often held to little accountability, to public decentralized ledgers – where all holdings and transactions are transparent, and where users actually control their own funds. If the Radix technology roadmap is delivered, the project might just be the first to truly build what’s needed to enable a new, improved, financial ecosystem powered by Web3. On Dec 8, Radix is hosting a free virtual event — RadFi 2022 — with over 10,000 people pre-registered, where the minds behind the project will unveil how they plan to take DeFi mainstream. Find out more here. Read Radix’s whitepaper on DeFi here to educate yourself on the company’s ambitious and transformative project before heading to RadFi 2022. To read the most recent Benzinga articles on Radix click here and here. If you would like to know about Radix’s journey and its products, visit the company website. DeFi needs to be better - and it’s about to get radically better with Radix. Get your free ticket to join RadFi2022 on December 8 and learn what the future holds for decentralized finance. Find out how. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Amy Wilkinson amy.wilkinson@rdx.works

December 07, 2022 08:15 AM Eastern Standard Time

Identity-Bound Biometrics Could Eliminate Hidden Costs Of Current Passwordless Solutions, Says BIO-key

BIO-key International, Inc.

With the ever-growing number of websites that individuals need to log into these days, for both work and personal matters, creating and remembering countless, unique, and secure passwords have become a substantial challenge. In the workplace, specifically, this could lead to potential security risks as employees may end up ignoring security protocols altogether due to password fatigue, putting their organization’s data security at risk. In addition to the pain points arising from having to remember passwords, traditional authentication methods also result in mounting costs for organizations – with sizable IT helpdesk resources required just for password resets alone. Additionally, according to the World Economic Forum, 80% of all cybersecurity breaches occur as a result of weak or stolen passwords. With all the issues associated with password-based authentication, organizations are now seemingly ready to move away from this approach. A recent survey showed that 82% of business leaders currently say that they are ready to implement passwordless authentication options within their organizations. Current Passwordless Authentication Options May Not Be The Best Most of the passwordless authentication solutions adopted today rely on hardware tokens or mobile devices – which present their own set of issues, including security risks from the loss of the physical devices and usability challenges in restricted areas of operation such as contact centers and manufacturing floors. Additionally, authentication methods involving mobile phones could involve hidden costs for both the employer and employee. BIO-Key International Inc. (NASDAQ: BKYI), a provider of Identity and Access Management (IAM) solutions, reports that it offers authentication options that could address such risks and issues by offering an easier and more secure way to authenticate the identity of employees, customers, and suppliers. The company says that its unique approach to authentication uses Identity-Bound Biometrics (IBB) to manage access across devices and applications within the organization. IBB is part of BIO-key's unified IAM platform — PortalGuard ® IDaaS (Identity-as-a-Service) — which offers various authentication options, including biometrics, to meet the security goals of most modern organizations and deliver an optimized user experience, reports the company. BIO-key also recently introduced new authentication methods to its one-of-kind multi-factor authentication mobile app, MobileAuth TM, which now includes server-secured facial recognition, device-based biometrics for Android and iOS, and push token support. The app was initially launched with just one biometric option, PalmPositive TM, which supported secure biometric authentication through palm scanning. Benefits Of BIO-key’s Identity-Bound-Biometric Solution According to the company, Identity-Bound Biometrics provides a unique and superior level of security as it verifies the identity of the person completing an action– logging into a system, completing a transaction, accessing private information–instead of just authenticating a device, token, or credential. Traditional passwordless options involving a physical device like a mobile phone or token simply confirm that an approved device is being used. There is no way to confirm that the device is actually being used by the authorized individual. IBB offers flexibility and ease of use, where a one-time enrollment quickly sets up access across multiple devices and locations for employees in organizations implementing their solution, says the company. There is also greater deployment versatility and scalability across use cases with BIO-key’s IBB solution, which enables enterprises to provide a consistent and seamless user experience for their employees. In addition, it reduces overall costs by streamlining IT department resources and eliminating operational redundancies yielded by traditional authentication systems. The company reports that its IBB option is cloud-ready and easily integrated with systems, applications, and infrastructures. It is a safe, efficient, cost-effective, and secure option that can be applied to a range of common use cases, including shared workstations, zero-trust environments, remote access, and scenarios where mobile devices are not permitted. Through its trusted biometric authentication solution, Identity-Bound Biometrics, BIO-key believes it could enable organizations to move into a passwordless future with a solution that’s easy to use and hard to hack. IBB could help employers, employees and customers by eliminating the hidden costs associated with current options that involve mobile phones, hardware tokens or other physical devices with a more sensible authentication solution. More information about BIO-key’s Identity-Bound Biometric solutions can be found on BIO-key.com. BIO-key is revolutionizing authentication and cybersecurity with biometric-centric, multi-factor identity and access management (IAM) software managing millions of users. Its cloud-based PortalGuard IAM solution provides cost-effective, easy to deploy, convenient and secure access to devices, information, applications, and high-value transactions. BIO-key's patented software and hardware solutions, with industry-leading Identity-Bound Biometric (IBB) capabilities, enable large-scale Identity-as-a-Service (IDaaS) solutions, as well as customized on premises solutions. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Catalyst IR- William Jones, David Collins +1 212-924-9800 BKYI@catalyst-ir.com Company Website https://www.bio-key.com/

December 07, 2022 08:15 AM Eastern Standard Time

Holiday Cheer gift ideas with Chassie Post

News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

December 07, 2022 06:00 AM Eastern Standard Time

Video

CleverTap Unveils RenderMax

CleverTap

CleverTap, the World's #1 Retention Cloud today unveiled RenderMax – a proprietary technology that can increase mobile push notification render rates up to 90% on low-end Android devices. Push notifications have the power to increase customer retention rates anywhere from 3 - 10 times. Most marketers just focus on their push notification delivery rates, but a “delivered" notification that doesn't render on the user’s device is a wasted effort. For those who equate delivery and rendering as equal, render rate is the percentage of the number of push notifications the end user received (and were rendered) on the user’s device compared to the total number of push notifications that were sent. All Chinese OEM devices use a custom variant of the stock Android OS. To optimize battery consumption, these OS variants are configured to bypass the Google/Firebase push delivery service, resulting in low delivery rates and even lower render rates. RenderMax gives CleverTap customers a significant competitive advantage as they can now engage users they could not before and elevate the ROI from their push campaigns. This is especially true for devices that are in battery saver mode or cannot be reached due to inactivity. “RenderMax is a testament to our continued commitment towards product development and innovation. Low render rates stifle the true potential of mobile push notifications. We are confident that with RenderMax, brands will be able to harness the full power of push notifications. What’s interesting is that we are offering RenderMax to all customers at no additional cost to any brand that wants to try it out.” said Anand Jain, Co-Founder & Chief Product Officer, CleverTap. Betterhalf, India's first and only marriage super app was provided an early access to RenderMax and their push notification render rates more than doubled! Shankar Krishnamurthy, Group Product Manager, Betterhalf said, “At Betterhalf, mobile push notifications are critical for our business. With CleverTap’s innovative RenderMax solution our push notification render rates have skyrocketed to 85%.” RenderMax powers up the render rates of customers’ push notifications, amplifies the push notification reach, and maximizes user engagement. Enhancing the reach of push notifications can help CleverTap customers lower costs, increase engagement and conversion rates, and reduce churn. “The CleverTap platform has a great breadth of capabilities, and this innovative mobile push solution will certainly help them stay much ahead of the competition,” Shankar added. CleverTap RenderMax works with Android OEMs such as Oppo, Xiaomi, Vivo, One Plus, POCO, Realme, and Samsung. About CleverTap CleverTap is the World's #1 Retention Cloud that helps app-first brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product. The platform is powered by TesseractDB™ - the world’s first purpose-built database for customer engagement, offering both speed and economies of scale. CleverTap is trusted by 1500 customers, including Gojek, ShopX, Electronic Arts, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John’s, and Tesco. Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, São Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter. 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 result in the actual outcome 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/

December 07, 2022 05:07 AM Eastern Standard Time

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