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With 800,000 Customers And Over 26,000 5-Star Reviews On Trust Pilot, Splash Wines Is Reinventing D2C In The Wine Industry

Benzinga

By Faith Ashmore, Benzinga Join Splash Wines on its mission bringing wine to every door by investing in them here! While the e-commerce market has been strong for decades, COVID-19 propelled the direct-to-consumer (D2C) model to the forefront of business’s minds. Consumers have increasingly turned to online shopping for convenience and safety. Brands like BarkBox (NYSE: BARK), Blue Apron (NASDAQ: APRN), and Harry’s are all prime examples. The global subscription e-commerce market is projected to reach $904.2 billion by 2026, with an increase from $72.91 billion in 2021 to $120.04 billion in 2022. With social distancing measures still being followed around the country and consumer behaviors shifting, the ability to have products delivered regularly to the doorstep and tailored to specific preferences or interests has gained significant appeal. While D2C models have seen significant success in various industries, the wine market has been relatively slower to adopt this trend – leaving a considerable amount of untapped potential and white space. Traditionally, purchasing wine has involved visiting physical stores or relying on restaurants and bars for selection. However, by embracing direct-to-consumer models, wine producers and retailers can tap into the vast market of wine lovers who yearn for the convenience, personalization and curated experiences that D2C services and subscription boxes provide. Splash Wines is shedding new light on the luxury market by reimagining D2C in the wine industry. Founded in 2014, Splash Wines is a family business with three generations of experience in the wine industry. They have been at the forefront of the internet wine industry for the past 15 years, which has allowed them to establish themselves as a prominent player in the D2C space. By directly selling to consumers, the company is able to eliminate the need for middlemen and offer wines at competitive prices. With top TrustPilot ratings and a customer base of over 800,000, Splash Wines has been shown to prioritize customer satisfaction and loyalty. The company focuses on exceptional customer service – it does not rely on chatbots or automated messages when talking to customers. The company has also experienced notable growth over the past few years, achieving three times revenue growth in just three years. In 2022, their revenue reached $30 million, and they have set the ambitious goal to reach $50 million by 2025. What sets Splash Wines apart is its agile approach and its focus on offering wines priced below $10. By delivering affordable wines to customers, they cater to a broad consumer base and have the opportunity to diversify their product offerings further. With their expertise in digital retail capabilities, the company is well-positioned to take advantage of the growing e-commerce market. As a D2C leader, Splash Wines capitalizes on the growing trend of consumers purchasing wine directly from producers and bypassing traditional distribution channels. This approach allows them to build direct relationships with customers and create personalized experiences, resulting in increased customer satisfaction and loyalty. The company is currently holding a raise on StartEngine to continue to expand its business. Click here to invest in Splash Wines and be a part of their growth journey bringing wine directly to the doorstep! 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

October 02, 2023 09:15 AM Eastern Daylight Time

Cyberattack Explosions Are Driving Customers To Sekur, Which Saw 650% Increase In Website Traffic In 2 Weeks And 100% Rise In VPN Sales Month-Over-Month

Benzinga

By Meg Flippin, Benzinga Cyberattacks are on the rise, with cyberattacks increasing by 38% in 2022 as bad actors steal identities and wipe out bank accounts at alarming rates. But consumers and businesses are becoming wise to the risk, which is in turn driving sales for providers of virtual private networks (VPNs). One good example is Sekur Private Data Ltd. (OTCMKTS: SWISF), a Swiss-hosted secure and private communications platform provider. It seems to be seeing explosive growth, with subscriber sign-ups for its Swiss-hosted privacy VPN, SekurVPN, up more than 100% month-over-month in September. Given the sheer number of attacks committed online and on mobile devices, that might not come as much of a surprise. According to a Clark School of Engineering Study, a hacker attack occurs every 39 seconds. And, in 2022, the potential total loss from cyber attacks was more than $10.2 billion, up almost 50% from $6.9 billion in 2021, according to the FBI’s Internet Crime Report for 2022. Identity theft collectively costs consumers billions of dollars and untold hours repairing damaged credit. So consumers and businesses are turning to VPNs to protect them online – and Sekur’s sales are soaring because of it. According to Forbes, two-thirds of surveyed U.S. internet users use a VPN to help protect personal data, one-third use a VPN to mask their internet activity and 80% use a VPN for increased cybersecurity. Only The Beginning? For Sekur, 100% subscriber growth could just be the beginning. The company expects exponential growth over the long term as it adds more enterprise features to its offering and upgrades to the next-generation Internet Protocol standard IPv6. A new ad campaign slated for October or early November should create more buzz as well. Plus, Sekur plans to sell its VPN products through resellers later this year. All of those initiatives should position the company well in the years to come. “Our prime directive is to provide private and secure communications for everyone,” said CEO Alain Ghiai when announcing the subscriber growth. “The results also do not reflect yet the full scale launch as we have just completed a prelaunch and are testing the waters. We expect this to be a big success once we launch it on social media and digital paid media.” Organic Search Booming The strong demand isn’t only for its VPN. Sekur.com is seeing a surge in traffic, too – up about 100% in the past month and 650% in the last two weeks. Importantly, the surge has been driven by organic searches. The more people that find Sekur.com on their own, the less the company spends to acquire customers. Currently, about 5% of organic website visitors become customers – a number Sekur expects to grow, lowering overall acquisition costs. The company is also going after the small and medium business market, of which there are over 30 million in the U.S. – which will further lower customer acquisition costs. SMBs often tend to have multiple users, and a single customer win can result in several subscribers. On top of all that, Sekur expects to launch a complete communication suite in the first quarter of 2024, adding encrypted voice calling tool SekurVoice and encrypted video conferencing solution SekurPro to its offerings. Those new products could drive sales as well. Privacy Matters The internet can be a scary place for many and consumers and businesses are becoming increasingly conscious of the risks presented by it. They connect with VPNs before they do their banking, shopping and socializing online. As the threats grow, so should sales of VPNs. Sekur seems well-positioned to capitalize on this demand. It uses the latest encryption technology through a proprietary infrastructure and doesn't rely on any big tech hosting providers. Plus, the company only offers Swiss IPs. Swiss privacy laws are considered among the strongest in the world for many reasons – for example, in 2010 the Federal Supreme Court of Switzerland found that IP addresses are personal information and that under Swiss privacy laws, they may not be used to track Internet usage without the knowledge of the individuals involved. Sekur’s offerings are geared toward those who value privacy and want their personal information to be safe online. In today’s increasingly connected world, that could — or maybe should — be all of us. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 29, 2023 09:15 AM Eastern Daylight Time

Is The Time Right for M&A In The Mining Sector? Silvercorp Metals’ Acquisition Of OreCorp Adds Timely Growth With A Promising Project

Benzinga

By Faith Ashmore, Benzinga Companies in the junior mining sector are currently operating in a challenging capital-raising environment. The mining industry is highly cyclical, making it susceptible to fluctuations in commodity prices and other macroeconomic headwinds, making investors cautious about funding new exploration and development projects as potential returns may be uncertain. Against this backdrop, mergers and acquisitions (M&A) has emerged as a cost-effective avenue for well-capitalized companies to pursue disciplined growth and diversification. By leveraging their financial resources, technical expertise, and market presence, these established companies can effectively mitigate development and operating risks while unlocking the true value of quality projects. A study conducted by EY highlights that M&A deals in the mining sector have shown an upward trend, and Silvercorp’s recent acquisition might be a testament to the acceleration of this industry trend. Silvercorp Metals Inc. ( NYSE AMERICAN: SVM; TSX: SVM ) is an established Canadian mining company boasting a strong balance sheet, combining a track record of profitability along with growth opportunities, including fully-funded ‘organic’ growth within its existing low-cost mines, as well as ongoing strategic M&A efforts — has one recent example which could prove to be a home run. On August 6, Silvercorp and OreCorp Limited announced the signing of a binding agreement that will result in Silvercorp acquiring all the outstanding shares of OreCorp. The deal enhances Silvercorp’s asset base by adding a largely de-risked, low-cost gold project, while preserving the company’s cash for mine development. Under the agreement, OreCorp shareholders will receive AUD $0.15 in cash and 0.0967 of a Silvercorp common share for each OreCorp share, representing a total consideration of approximately AUD $240 million. Existing OreCorp shareholders will own 17.8% of Silvercorp's common shares after the deal is completed. The primary objectives of the acquisition are to create in Silvercorp a diversified and highly profitable precious metals company, provide a re-rating opportunity through the successful development of OreCorp's Nyanzaga Gold Project in Tanzania, and enable Silvercorp and OreCorp investors to be part of a company with greater access to capital, higher liquidity, increased scale and enhanced capital markets relevance. With its financial strength and the technical team's track record and expertise, Silvercorp is well-positioned to build, optimize, and further explore Nyanzaga, as well as pursue additional M&A opportunities. As part of the agreement, Silvercorp provided OreCorp with approximately AUD $28 million in funding through an equity placement to advance the project development, including resettlement activities and early project works, laying the groundwork for imminent full-scale construction. The board of OreCorp has unanimously recommended that shareholders vote in favor of the transaction, which is subject to various closing conditions, including shareholder and court approvals. Silvercorp has also committed to seeking a listing on the Australian Securities Exchange. Silvercorp looks to stand out in the mining industry by prioritizing cash flow generation, actively pursuing diverse avenues for growth, and upholding responsible mining practices. The company's strategic initiatives may have the potential to propel Silvercorp to a new level, while also highlighting enduring dedication to enhancing shareholder value. Readers interested in the latest updates on Silvercorp's growth strategies can find additional information at silvercorpmetals.com/welcome. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 29, 2023 09:15 AM Eastern Daylight Time

News Release

Chainlink Surges 15% In the Weekly Charts – Can It Catch Up to Borroe.Finance?

Blockchain Digest

September didn't start as planned for Chainlink ($LINK). Yet it has turned around $LINK’s recent bearish fortunes to record a 15% weekly boost. However, analysts seem more focused on Borroe.Finance ($ROE). The latter focuses solely on providing instant loans to the Web 3 industry. Yet, investors say it can become one of the best DeFi coins available. Are these expectations reasonable? Let's find out. >>BUY $ROE TOKENS NOW<< Chainlink ($LINK) Builds on Rising Partnerships in September Despite recent bearish conditions, Chainlink's ($LINK) network activity has remained high. One of Chainlink's standout features among top altcoins has been its rising partnerships in 2023. Chainlink ($LINK) has continuously sought partnerships to increase its presence in the DeFi space. $LINK was trading at 6.02 on September 3, two days after the market-wide slump. By September 12, $LINK dropped slightly by 1.1% to $5.95. Then, by September 19, $LINK had grown by 15.2% to $6.86. The excitement around those partnerships has increased Chainlink's ($LINK) performance in the current bear market. On September 14, Chainlink announced a partnership with ANZ Bank in Australia. Likewise, on August 30, Chainlink announced successful tokenization tests with the SWIFT inter-banking system. Analysts say $LINK could rise by 19.6% to $8.21 given Chainlink’s growing number of partnerships. Borroe.Finance ($ROE): The Financial Fuel the Web 3 Industry Needs In business, access to instant cash flow is everything. Companies need financial muscle to power through day to day tasks of business management. Yet, funding can be hard to come by, especially for businesses in the Web 3 world. Borroe.Finance ($ROE) is a platform launched to correct the problem. It takes a different approach that ensures easier funding for companies at reduced costs and higher efficiency. >>BUY $ROE TOKENS NOW<< Borroe.Finance is a revenue financing marketplace that uses artificial intelligence, blockchain technology, and asset tokenization. It helps provide needed cash flow for businesses in the Web 3.0 industry via the sale of future earnings. Borroe.Finance's marketplace comes equipped with risk management tools to give investors a safe experience. Users also enjoy various fiat and crypto payment solutions on Borroe.Finance ($ROE). This boosts their overall efficiency as they can easily avoid the hassles of currency conversion. Furthermore, it offers real-time tracking of invoices. This lets buyers feel safer as they can check the movement of their invoices. Other than Borroe.Finance ($ROE), invoice financing is not offered by any of the top DeFi projects. Analysts say this uniqueness will transform into high returns for Borroe.Finance. Right now, $ROE costs $0.0150 in Stage 2 of its presale. As $ROE entered Stage 2, Stage 1 investors got a 20% ROI. Fortunately, there’s still potential for gains. In Stage 3, $ROE will sell for $0.0200. Moreover, when $ROE’s presale is over, it would rise to $0.0400, growing by 166% from its current price. Waste no time - join now! Learn more about Borroe.Finance ($ROE) here: Visit Borroe.Finance ($ROE) Presale | Join The Telegram Group | Follow Borroe on Twitter Contact Details Borroe.Finance Team Press@Borroe.Finance

September 28, 2023 12:39 PM Eastern Daylight Time

News Release

Australia's Leading Bank Partners with Chainlink: Can Arbitrum and Borroe.Finance Compete with $LINK?

Blockchain Digest

Chainlink's institutional adoption is about to rise thanks to its latest partnership with ANZ banking group. Elsewhere, Arbitrum ($ARB) faces stiff competition from competitors like Base Network, causing its TVL to drop. Yet, Borroe.Finance ($ROE) seems to be in the clouds, especially after the recent sell-off in the second presale stage. Will $ROE eventually become a top ICO? Let's find out. >>BUY $ROE TOKENS NOW<< Arbitrum's ($ARB) Falling TVL Shows Competition with Other Layer 2 Networks Arbitrum's total value locked (TVL) has fallen sharply since early August as subsequent market crashes have reduced its network usage. On August 10, Arbitrum's ($ARB) TVL stood at $2.02 billion before falling to $1.17 billion on September 20. The fall follows a major drop in Arbitrum's positive investor sentiment after the market crashes in August and early September. $ARB had dropped to $0.98 on August 17 after the market-wide slump. The crash of September 1 worsened the bear market, causing $ARB to fall by 10.2% to $0.88. Arbitrum's ($ARB) falling TVL could also be down to competition from other layer-2 networks. Since August, Arbitrum has faced competition from Coinbase's Base Network. On September 14, Arbitrum's ($ARB) daily transaction count reached 878,000. For comparison, Base Network's daily transactions reached $1.88 million on the same day. Analysts say $ARB will struggle to recover if Arbitrum faces more competition from its rivals. These analysts conclude that $ARB could drop by 10.2% to $0.79 if the Base Network maintains pressure on Arbitrum. Borroe.Finance: Community Marketplace Records 58% Rise Within 24 Hours Blockchain technology is all about leveraging the power of the community to create technology-based solutions to real-world problems. This is exactly what Borroe.Finance ($ROE) has done. Built on Polygon, Borroe.Finance creates new avenues for instant funding via leveraging peer-to-peer lending. Borroe.Finance has created an ecosystem for Web 3 businesses to raise instant cash at low costs and high efficiency. The platform prioritizes speedy fundraising approval. Funding requests on Borroe.Finance are typically approved within 1 hour or less. Furthermore, Borroe.Finance looks to fund 80 - 90% of fundraising requests. To smoothen community lending, Borroe.Finance platform uses fractionalized NFTs to represent collateral. These fractionalized NFTs are then sold off on a marketplace to investors from all over the Web 3 world. Via this process, companies can raise funds by selling their invoices to communities that support them. Various perks come with being a member of Borroe.Finance ($ROE). Users enjoy low fees, high discounts, and rewards for being active members. Out of all new ICOs, Borroe.Finance combines a strong real-world utility with its incredible levels of market hype. Within 24 hours of entering Stage 2 of its presale, $ROE has sold 58% of its available tokens. By Stage 3, $ROE would rise by 33.3% from its current price of $0.0150 to $0.0200. So, join while there’s still some supply left at this price. >>BUY $ROE TOKENS NOW<< Australian "ANZ" Bank Explores Chainlink's CCIP On September 15, 2023, the Australian and New Zealand (ANZ) Banking Group announced a partnership with Chainlink ($LINK). The partnership would allow ANZ to use Chainlink's Cross-Chain Interoperability Protocol to test the purchase of tokenized assets. The latest Chainlink partnership brought slight positive momentum to $LINK's price. $LINK was trading at $5.93 on September 1 after the market slump. Following the announcement of Chainlink's partnership with ANZ, $LINK rose by 7.2% to $6.36 on September 15. As excitement around the partnership grew, $LINK grew by another 8.6% to $6.91 on September 20. Chainlink ($LINK) stands out among other top DeFi projects because of its drive for institutional adoption. Since the start of the year, Chainlink ($LINK) has sought out partnerships with banks and other centralized finance institutions. As a result, analysts say $LINK could rise to $7.99 as Chainlink's partnerships grow. Learn more about Borroe.Finance ($ROE) here: Visit Borroe.Finance ($ROE) Presale | Join The Telegram Group | Follow Borroe on Twitter Contact Details Borroe.Finance press@Borroe.Finance

September 28, 2023 12:33 PM Eastern Daylight Time

SONGTRADR ACQUIRES BANDCAMP FROM EPIC GAMES

Songtradr

Songtradr, a music licensing platform and marketplace company supporting artists, labels and publishers, and Epic Games, a leading interactive entertainment company and provider of 3D engine technology, announced today that Songtradr is acquiring Bandcamp. Songtradr will continue to operate Bandcamp as a marketplace and music community with an artist-first revenue share. Bandcamp is an online music store and community with over 5M artists and labels where fans can discover, connect with, and directly support the artists they love. This acquisition will help Bandcamp continue to grow within a music-first company and enable Songtradr to expand its capabilities to support the artist community. Songtradr will also offer Bandcamp artists the ability and choice to have their music licensed to all forms of media including content creators, game and app developers and brands. This will enable artists to continue to own and control their music rights, and increase their earning capacity from Songtradr’s global licensing network. Epic is exploring ways to partner with Songtradr to build an inventory of music where artists can opt in to have their music licensed for use in Epic’s ecosystem. Epic will continue to collaborate with Bandcamp on projects like Fortnite Radio and is investing in Songtradr to support Bandcamp’s successful integration into Songtradr. "The acquisition of Bandcamp will help Songtradr continue to grow its suite of services for artists. I’m a passionate musician myself, and artistry and creativity have always been at the heart of Songtradr. Bandcamp will join a team of music industry veterans and artists who have deep expertise in music licensing, composition, rights management, and distribution," said Paul Wiltshire, CEO of Songtradr. “Songtradr shares Epic and Bandcamp’s values around ensuring artists are fairly compensated for their work,” said Steve Allison, Vice President and General Manager, Store at Epic Games. “Bringing Bandcamp to Songtradr will make it easier for independent artists to connect with creators and developers looking to license their music and enable Epic to focus on its core metaverse, games, and tools efforts.” ### For more information on Songtradr: www.songtradr.com For more information on Bandcamp: www.bandcamp.com Press Contact: Jalila Singerff / Jive PR + Digital / jalila@jiveprdigital.com Contact Details Jalila Singerff jalila@jiveprdigital.com

September 28, 2023 12:22 PM Eastern Daylight Time

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After Achieving 100% Cancer Remission Rates In Preclinical Studies, Starpax Magnetodrones Head For Human Trials

Benzinga

By Rachael Green, Benzinga Starpax Biopharma is preparing to start clinical trials this year with its patented Starpax cancer treatment platform across six unmet needs, including pancreatic, breast, colorectal, head & neck, uterus and prostate cancer. Solid cancers like the ones Starpax will focus on in the upcoming trials account for 89% of all cancer deaths – that’s largely due to the fact that solid tumors are so difficult to treat. But Micheal Gareau, Founder and President of Starpax Biopharma, is on both a public and personal mission to change that after the disease claimed the lives of two brothers and his father and his third brother and sister are presently under treatment for cancer. And he has an impressive team with deep expertise in the space around him to help achieve this goal. The non-exhaustive roster includes such notable names as André Monette, former President at Johnson & Johnson France, Dr. Lisa Matar, former President of Eli Lilly (Canada) and John Helou, former president of Pfizer (Canada), Dr. Jacques Jolivet, holder of the King Georges V Silver Jubilee Medal in Oncology, and Berthe Latreille, who recently retired as COO of JP Morgan Investment Bank in London, all active on the board of directors. Here’s how this never-seen-before cancer treatment platform works. Why Solid Cancers Are Harder To Treat Anticancer drugs are usually injected in the blood network. The drug needs to circulate in 60,000 miles of blood vessels hoping to reach the tumor. Unfortunately studies have demonstrated that just 0.7% of the cancer drug dose actually reaches the tumor while nearly 99% of this toxic agent continues to circulate in the rest of the patient’s body causing unwanted side effects. The second difficulty, after the drug reaches the tumor, is to be able to distribute the drug throughout its entire volume. As the tumor continues to grow, the blood vessels become chaotic, malfunctioning or collapse, creating hypoxic zones (low level of oxygen areas) and making it difficult to diffuse the drug throughout the whole volume of the tumor. Several studies around the world have demonstrated that 90% of the tumor volume receives little or no drug at all creating a major resistance to treatment that systemic chemotherapy or immunotherapy have never been able to solve. The Starpax technology has been conceived specifically to solve this resistance problem to treatment. How The Starpax Platform Is Aiming To Overcome Those Challenges Starpax combines the power of four scientific disciplines: microbiology, biochemistry, electromagnetism engineering and AI into a two-part platform – the Magnetodrones and the Polartrak – that work together to deliver cancer drugs directly into tumors, trap them inside the tumors and ensure the spread into every part of them. Starpax Magnetodrones are self-propelled bacteria that are injected directly into a tumor. The non-pathogenic bacteria can swim between tumor cells without the need of blood vessels and are capable of carrying a variety of different cancer drugs. They die about 30 minutes to an hour after injection. In order to ensure they are distributed in the entire volume of the tumor rather than just sitting near the injection site, Starpax uses magneto-aerotactic bacteria. That means they’re sensitive to very specific magnetic fields, and they naturally accumulate in low-oxygen environments. Their sensitivity to magnetic fields comes into play with the PolarTrak, a device inside which the patient is positioned, that creates unique magnetic fields. Instead of leaving the Magnetodrones free-floating throughout the patient’s body, the Polartrak creates a magnetic sphere around the tumor that contains the Magnetodrones and forces them to distribute throughout the tumor’s whole volume without circulating in blood vessels. The combined result of the PolarTrak and Magnetodrones is a platform that can deliver powerful cancer-fighting drugs directly into a tumor and ensure that they are spread throughout its entire volume. Results of preclinical trials, report 100% of the dose reached the tumor delivering 50 times more drug in the tumor with 800 less toxic molecules in the patient’s body, a major improvement over current systemic chemotherapy and immunotherapy. Subjects also reported a 100% remission rate with no significant side effects. Building on those groundbreaking preclinical results, Starpax is preparing to start clinical trials this year to test the patented cancer treatment platform in humans. During those trials, a cancer drug that has already been approved by the FDA and has been in use by humans for over 20 years will be attached to the surface of Magnetodrones. The company is planning to seek fast-track designation from the Food and Drug Administration (FDA) to help get this new technology to the patients who need it as soon as possible. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 28, 2023 09:15 AM Eastern Daylight Time

This Company Is Using AI To Establish Trust In A Digitally Connected World

Benzinga

By Faith Ashmore, Benzinga In today's increasingly digital world, the prevalence of fraud is a growing concern. The rapid advancement of technology and the widespread use of the internet have created new opportunities for unscrupulous individuals to exploit unsuspecting individuals and organizations. With the convenience and anonymity offered by the digital space, scammers can carry out illegal activities from anywhere in the world with greater ease than ever before. From online identity theft to phishing scams, digital fraud has become more sophisticated, making it harder for people to detect and protect themselves. The sheer volume of personal and financial information being shared online also increases the risk of data breaches and unauthorized access. Trust Stamp (NASDAQ: IDAI) is a company looking to revolutionize digital security and increase its penetration. The company is a global provider of AI-powered, privacy-first trust and identity services used across multiple sectors – such as banking and finance, real estate, communications, regulatory compliance and government. Trust Stamp offers a range of innovative services. Their biometric capture and analysis technology enables secure and convenient identity verification, allowing businesses to streamline onboarding processes. By integrating advanced document verification, Trust Stamp helps verify the authenticity of important documents, reducing the risk of fraud. In the face of increasing threats, Trust Stamp also provides cryptocurrency security and compliance solutions. Their expertise in this area assists businesses in safeguarding their digital assets, ensuring compliance with regulatory frameworks and protecting against unauthorized access or misuse. By facilitating accurate and reliable identity verification, Trust Stamp helps build trust between parties engaging in digital transactions, fostering secure interactions in a digital world. Unlike other companies that may enable AI to make complex decisions regarding users' authentication and identification, Trust Stamp has constructed a process that uses ML and various metric and statistical methods to audit the AI system. Their AI is used to extract information needed for identity verification but does not make the final decision, which helps to ensure that all decisions made using their systems are transparent and auditable. While Trust Stamp’s mission is similar to companies like Mitek (NASDAQ: MITK) and Nuance Communications (NASDAQ: NUAN), Trust Stamp has developed a proprietary process for tokenizing identity using an irreversible transformation via a convolutional neural network, creating an identity token known as IT2. The IT2 is generated by these AI processes, and data is removed and destroyed, making the token safe to store and reuse in the future. This process allows Trust Stamp to offer two unique value propositions to its customers: reauthentication and deduplication. Reauthentication enables users to reauthenticate using biometrics with ease, and deduplication allows for deduplication at scale to prevent synthetic identity fraud. Additionally, Trust Stamp is utilizing AI to improve the capture process and enhance users' experience. Its work focuses on using AI and language models to dynamically instruct users on how to take a quality picture, guiding them on the necessary changes to phone position, lighting and head position, among other parameters. This technology not only makes facial matching accessible to those with special needs but also vastly reduces bias in outcomes from AI-powered decision processes. As the digital landscape continues to evolve, Trust Stamp's emphasis on privacy and data protection is aimed at ensuring that users’ personal information is safeguarded at all times. By providing secure and trusted identity services, Trust Stamp positions itself as a crucial ally in the ongoing battle against fraud and identity-related issues, supporting a safer and more secure digital environment for all stakeholders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 28, 2023 09:15 AM Eastern Daylight Time

Shopistry Launches White-Label eCommerce Platform Enabling Banks, Merchant Acquirers, and Payment Processors

Shopistry

Toronto, Ontario -- Shopistry, a leading commerce solution provider powering local merchants to leading brands, today announced the launch of Private Label Commerce, the industry’s first white-label eCommerce solution. Banks, merchant service providers, payment providers, and software companies can now offer merchants a modern, no-code online store and omni-channel solution, integrated with their existing offerings, growing client value, gaining revenue, and reducing churn. The innovative approach is designed to empower traditional fintechs to deepen client relationships and compete with software providers that are increasingly offering payments and financial products to business owners as a catalyst for growth. “Owning the customer relationship is critical and the more indispensable you become to your merchant’s business the better. This why eCommerce software companies have increasingly moved into payments, loans, and more, putting pressure on traditional fintech companies. Shopistry’s Private Label Commerce levels the playing field; it’s a game changer to offer your clients a Shopify-like solution without the work,” said Jaafer Haidar, CEO at Shopistry. Private Label Commerce is the latest from Shopistry and introduces a focus on small/medium businesses to compliment the company's existing products for leading brands and media and entertainment that powered growth at Oura Ring, Black Rifle Coffee, NEON and other leading brands. “We’re focused on running our business and needed a solution that’s easy and integrated with our payments and banking so we can manage everything in one place. We tried others but Shopistry is easy to use and has a lot of features. The fact that it’s offered by our payments company means we only have one place to go for anything we need,” said Matt Boom, partner at Boomerz Boxing & Fitness.” Shopistry has partnered with major merchant service providers and is now open for additional partners. Key benefits include: White-Label & Supported: End-to-End software, videos, managed support by Shopistry Sales Enablement Program: Sales support and training to enable your sales effort Turn-key Mobile & Web Stores: Merchants quickly start selling online Dynamic Checkout: Single-page checkout, integrated payments, BOPIS, Shipping more Simplified Operations: Automatic product, inventory, order, and payment integration enables seamless operations without changes to business processes Seamless Omni-channel: Integration with in-store terminals and systems to deliver a seamless omni-channel solution Continuous Innovation with AI, Social and more: Ongoing product innovation drive further value to clients, keeping partners ahead of the game without costs To learn more about how Shopistry Private Label Commerce can benefit your organization, please visit shopistry.com contact partners@shopistry.com. For press inquiries please contact press@shopistry.com. About Shopistry Shopistry commerce software and solutions empower partners and merchants of all sizes to innovate and grow their business online hassle-free. Shopistry powers SMBs to leading growth brands like Oura Ring, Honed, NEON Studios, and more with modern functionality, simplicity, performance, and flexibility to adapt and grow as commerce continues to evolve. To learn more visit shopistry.com. Shopistry® is a registered trademark of Shopistry Inc. Third-party trademarks and service marks are the property of their respective owners. Contact Details Bryanne Baker press@shopistry.com Company Website https://www.shopistry.com

September 27, 2023 11:58 AM Eastern Daylight Time

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