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Texicare Partners with TempoPay to Make Paying For Health Care Simpler and More Accessible for Small Business Groups in Texas

TempoPay

TempoPay, a flexible payment solution that helps bridge the affordability gap in health care, and Texicare, the health affiliate of Texas Mutual, today announced that employees of small business groups selecting Texicare health plans can now access TempoPay to help manage everyday healthcare expenses. TempoPay, a subsidiary of HPS/PayMedix, is a flexible payments platform that provides employees with the ability to pay their health care bills over time without interest, fees or credit checks. The TempoPay Visa® card can be used to pay for everything from medical care and prescriptions to vision and dental bills and other health and wellness-related costs not covered by employees’ plans. Texicare members can sign up to access $1,500 in interest-free financing through TempoPay any time and have the flexibility to choose repayment terms. By building this unique financial tool into the health plan, members can manage their out-of-pocket expenses in a way that works for them, keeping health care and well-being within the household budget. “For many Texans, out-of-pocket expenses are a barrier to getting needed care,” said Meredith Duncan, CEO of Texicare. “That’s why we’re partnering with TempoPay—to make health care more accessible for all our members so they can focus first and foremost on their well-being and manage their out-of-pocket costs in a way that works for them. Together, we are aligned in our mission to build a healthier, happier Texas.” Texicare aims to change the health care ecosystem by providing small businesses with innovative solutions that increase access to high-quality care. Texicare’s health plans are designed with the employee experience in mind—they are easy to use and focused on the holistic well-being of employees and their families. The addition of TempoPay will enhance these offerings and open access to small businesses across Texas, allowing employees to access health care when they need it. “TempoPay is a perfect fit for Texas employers who can now offer their employees a flexible way to pay for their health care expenses, and we are proud to be partnering with Texicare,” Erika Davison-Aviles, Co-founder of TempoPay said. “Through this partnership, we accelerate our mission to help hardworking people and their families get care when they need it and make health care accessible for all." About TempoPay TempoPay partners with employers to help their employees manage their medical costs with interest-free financing and flexible repayment options. With the TempoPay Visa ® card employees can take control of how they pay for healthcare without added stress, providing simple access to the financial security needed for happier, healthier lives. About Texicare Texicare, the health affiliate of Texas Mutual, is changing the health care ecosystem by providing small businesses with innovative solutions that increase access to easy-to-use, more affordable, quality health care for employees and Texas families. Texicare’s vision is to transform the health care ecosystem for the better, helping to create a healthier and happier Texas. To learn more about Texicare, visit www.texicare.com. Media Contacts: For Texicare, Emma Chase Red Fan Communications press@texicare.com 512-917-4319 For TempoPay Kaitlynn Cooney Brodeur Partners kcooney@brodeur.com 609-351-5944 Contact Details Brodeur Partners Kaitlynn Cooney +1 609-351-5944 kcooney@brodeur.com Company Website https://www.tempopay.com

September 25, 2024 08:00 AM Eastern Daylight Time

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drive21, Van Wagner Collaborate to Elevate In-Venue Branding and Fan Engagement Across College Athletics

drive21

drive21, a leader in experiential design and marketing solutions, today announced a strategic relationship with leading collegiate athletics marketing agency, Van Wagner to become a preferred experiential graphic design and implementation provider for Van Wagner. Van Wagner is recognized for its expertise in collegiate sponsorship sales and multi-media rights and will collaborate with drive21 to redefine branding strategies, drive revenue growth, and create Name, Image and Likeness (NIL) execution opportunities in the collegiate sports industry. Through this relationship, Van Wagner’s collegiate clients will be afforded advantageous pricing and access to drive21’s suite of services to provide innovative branding and design solutions across their venues; driving innovative solutions that bridge the gap between brand aspirations and reality, creating immersive environments that resonate with audiences and drive tangible business results. "This relationship represents a significant step forward in our mission to transform sports and entertainment venues into impactful environments that are also powerful marketing tools," said Warren Godridge, drive21 Founder and President. "By collaborating with Van Wagner, we can leverage our creativity and expertise to deliver a consistent brand experience across all venues, enhancing the value for brands, universities, and fans alike." “Traditional approaches often focus solely on aesthetics and overlook the potential to maximize partnership, sponsorship and NIL opportunities, leaving untapped value on the table” said John Libro, Head of Sports and Entertainment at drive21. “Working with Van Wagner College will allow us to push the boundaries of experiential design and transform collegiate athletic facilities into dynamic revenue-generating tools that engage fans and drive real business growth.” This relationship may also offer an even more comprehensive solution to collegiate clients by providing new NIL revenue streams. Through this collaboration with drive21, a portion of the facility’s expenditure can be reallocated to the universities’ NIL efforts. This allows universities to offer a more engaging experience for athletes and fans while creating dynamic environments supporting athletic performance, fan engagement and brand partnerships. "drive21’s ability to seamlessly integrate brand experiences into our facilities is a game-changer for our clients,” said Mark Donley, Chief Revenue Officer at Van Wagner College. “Through our arrangement with drive21, our university clients have an opportunity to access the expertise of drive21 to not only enhance their facilities but also ensure a consistent and high-quality experience for a variety of initiatives at an advantageous rate. It's truly a win-win-win scenario." The first major joint effort was a collaboration at Florida International University for the brand implementation of the newly named Pitbull Stadium. drive21 and Van Wagner played a key role in creating cohesive branding for the first college athletic venue named after a musician, exampling the transformative potential of experiential design and strategic branding. To learn more about the partnership, or drive21’s sports, entertainment and hospitality solutions, please visit www.drive21.com. About drive21 drive21 elevates the sports, entertainment, and hospitality industries by delivering one-of-a-kind branded venue experiences. A leader in experiential design and marketing solutions, drive21 bridges the gap between imagination and reality to deliver functional and impactful environments through design, fabrication, implementation, and holistic project management. Servicing organizations including MLB, MLS and NCAA institutions, drive21 helps its clients maximize partnership and sponsorship revenue and turns ordinary environments into extraordinary works of art. For more information, visit www.drive21.com. About Van Wagner Van Wagner is a leading sports advertising and entertainment agency with global expertise in filmed and live entertainment, sponsorship sales, multi-media rights, and aerial advertising. Van Wagner creates, advises, and sells for world-class teams, leagues, brands, and properties. An innovator in the sports and media business, Van Wagner is a global leader in high-impact broadcast visible signage throughout the MLB, NBA, NCAA, and international soccer, sponsorships sales, college multi-media rights, and in-venue content production at the world’s biggest sporting events. For more information, visit www.vanwagner.com. Contact Details Hot Paper Lantern Jackson Gaskins jgaskins@hotpaperlantern.com Company Website https://drive21.com

September 25, 2024 08:00 AM Eastern Daylight Time

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BestGrowthStocks.Com Issues a Comprehensive Analysis of Kaival Brands Merger with Global Logistics Provider Delta Corporation

Kaival Brands Innovations Group Inc (KAVL)

NEW YORK, NY / NewsDirect / September 25th, 2024 / Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued an in-depth analysis of Kaival Brands Merger with Global Logistics Provider Delta Corp. Holdings Limited. Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) has garnered significant investor attention following this transformational merger announcement with Delta. Best Growth Stock's full report offers an in-depth analysis of Delta and Kaival's operations, competitive advantages, potential catalysts, growth drivers, financials, and more. Access this full analysis free here: https://bestgrowthstocks.com/access-kaival-delta-merger-analysis/ About Kaival Brands Based in Grant-Valkaria, Florida, Kaival Brands is a company focused on incubating and commercializing innovative products into mature and dominant brands, with a current focus on the distribution of electronic nicotine delivery systems (ENDS) also known as “e-cigarettes” for use by customers 21 years and older. Our business plan is to seek to diversify into distributing other nicotine and non-nicotine delivery system products (including those related to hemp-derived cannabidiol (known as CBD) products). Kaival Brands and Philip Morris Products S.A. (via sublicense from Kaival Brands) are the exclusive global distributors of all products manufactured by Bidi Vapor LLC. Based in Melbourne, Florida, Bidi Vapor maintains a commitment to responsible, adult-focused marketing, supporting age-verification standards and sustainability through its BIDI® Cares recycling program. Bidi Vapor's premier device, the BIDI® Stick, which is distributed exclusively by Kaival Brands, is a premium product made with high-quality components, a UL-certified battery and technology designed to deliver a consistent vaping experience for adult smokers 21 and over. Learn more about Kaival Brands at https://ir.kaivalbrands.com/overview/default.aspx. About Delta Delta Corp Holdings Limited is a fully integrated global enterprise engaged in logistics, fuel supply, and asset management services, primarily supporting the international supply chains of commodity, energy, and capital goods producers. With its headquarters in London, Delta operates through three main segments: Bulk Logistics, Energy Logistics, and Asset Management. The company also maintains executive offices in Dubai and New York, and boasts a significant commercial presence in Singapore, Rotterdam, New Delhi, and Mumbai. For more information, please see Delta’s website at www.wearedelta.com. About Best Growth Stocks Best Growth Stocks is a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing our exclusive ai-assisted research. BGS is also a financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. Our CEO interviews aim to answer the questions that rest on the minds of current and future shareholders. This is not to be construed as financial advice. Please consult with a licensed financial advisor before making any investment decisions. Media Contact Best Growth Stocks Senior Editor: Steve Macalbry Editor@BestGrowthStocks.Com SOURCE: BestGrowthStocks.Com Contact Details Media Source LLC Steve Macalbry +1 989-274-7778 editor@bestgrowthstocks.com Company Website https://bestgrowthstocks.com/

September 25, 2024 07:00 AM Eastern Daylight Time

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Vanguard Green Investment Limited announces its transformation from the healthcare industry to the ESG service industry.

Vanguard Green Investment Limited

Mu Global Holding Limited (OTCPINK:MUGH) announced that the company is changing it’s name to Vanguard Green Investment Limited. Effective 25 Jun, 2024 subject to satisfying applicable legal requirements. This more closely aligns the Company's legal name with it's brand name in marketplace. The company's shares of common stock will continue to be listed on the OTCMarkets Exchange under OTCPINK ticker symbol "MUGH". No action is needed from current Mu Global Holding Limited stockholders. Vanguard Green Investment Limited, formerly a leading company in the healthcare industry, is proud to announce its transformation to a ESG Advisor Service Company under the leadership of Chairman Niu Yenyen. This move marks a significant step towards building a sustainable future for earth and promoting female leadership in the business world. Chairman Niu Yenyen, a visionary leader with strong commitment to environmental sustainability, spearheaded the transformation to VANGUARD GREEN INVESTMENT LIMITED. With her extensive knowledge andexpertise in the healthcare industry, she recognized the urgency for businesses to shift towards green energy solutions to combat global climate and environmental issues. Under her leadership, the company successfully transitioned from its original focus on healthcare to ESG Advisor Service in renewable energy projects. This transformation not only aligns VANGUARD GREEN INVESTMENT LIMITED’s global efforts to reduce carbon emissions, it also opens up new opportunities for the company. By focusingon ESG Advisor Service in green energy, the company is not only contributing to a greener and healthier planet, but is also generating sustainable returns for its shareholders. This move also highlights the company's commitment to promoting female leadership in the business world and breaking gender stereotypes. Chairman Niu Yenyen believes that the transformation is just the beginning of VANGUARD GREEN INVESTMENT LIMITED's journey towards a more sustainable future. She envisions the company becoming a ESG Advisor leader in the green energy sector and inspiring other businesses to follow suit. With her strong determination and the company's dedication to green investments, VANGUARD GREEN INVESTMENT LIMITED is on its way to making a positive impact on the environment and society. As the world faces pressing challenges of global climate and environmental issues, VANGUARD GREEN INVESTMENT LIMITED's transformation serves as a shining example of how businesses can play a significant and decisive role in creating a sustainable future. The company's commitment to green energy and female leadership is a testament to its vision of building a better world for future generations. Interview video links: https://youtu.be/MwuWYdau1to Contact Details Vanguard Green Investment Limited Niu YenYen +1 319-304-1192 info@v-gil.com Carat W Holding Ptd., Ltd Shing Ya Wang +886 987 314 013 info@cw-h.net

September 24, 2024 08:09 PM Eastern Daylight Time

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UNOS applauds House action to prohibit discrimination in organ transplants

United Network for Organ Sharing

Today, Maureen McBride, Ph.D., the CEO of the United Network for Organ Sharing (UNOS), issued the following statement after the U.S. House of Representatives passed the Charlotte Woodward Organ Transplant Discrimination Prevention Act. This legislation prohibits discrimination in organ transplantation against individuals with physical or intellectual disabilities. “The U.S. organ transplant matching system was created 40 years ago to serve every patient in need, which is why we strongly believe no one should be denied placement on the national waitlist solely because of his or her disability. We’re pleased to see the House pass this legislation, which advances our shared goal of ensuring equity for patients with disabilities in our nation’s donation and transplant system. Thank you, U.S. Reps. Kat Cammack and Debbie Dingell for your leadership. We look forward to continuing to work with you to ensure all Americans, regardless of their disability, have equitable access to organ transplants, and urge the U.S. Senate to quickly pass this legislation led by U.S. Sens. Marco Rubio and Maggie Hassan.” About UNOS United Network for Organ Sharing (UNOS) is the mission-driven non-profit serving as the nation’s transplant system under contract with the federal government. We lead the network of transplant hospitals, organ procurement organizations, and thousands of volunteers who are dedicated to honoring the gifts of life entrusted to us and to making lifesaving transplants possible for patients in need. Working together, we leverage data and advances in science and technology to continuously strengthen the system, increase the number of organs recovered and the number of transplants performed, and ensure patients across the nation have equitable access to transplant. Contact Details United Network for Organ Sharing Anne Paschke +1 804-782-4730 anne.paschke@unos.org Company Website https://unos.org

September 24, 2024 05:25 PM Eastern Daylight Time

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U.S. Treasury Department's CDFI Fund Announces Fiscal Year 2023 NMTC Awards

New Markets Tax Credit Coalition

The U.S. Department of the Treasury's CDFI Fund announced the Calendar Year 2023 New Markets Tax Credit (NMTC) allocation awards last week. The CDFI Fund awarded $5 billion to 104 Community Development Entities (CDEs) headquartered in 35 states, Puerto Rico and the District of Columbia. "For more than two decades, the federal New Markets Tax Credit has been a unique and flexible community development tool, successfully attracting investment capital and boosting economic activity in low-income areas," said Bob Rapoza, spokesman for the NMTC Coalition. "In fact, the NMTC has leveraged an unprecedented level of investment to low-income communities—generating more than $135 billion in total capital investment through public-private partnerships that created more than 1.2 million jobs." The CDFI Fund estimates that the $1.2 billion in NMTC allocations (more than 20 percent) will be deployed to rural America, and at least 85 percent of the $5 billion total will go to severely distressed communities. The CDFI Fund indicated 196 CDEs applied for allocations for a total demand of $14.7 billion in tax credits. However, with 104 successful applications (53 percent) receiving $5 billion, the availability of credits continues to meet only a fraction of the true demand in communities across America. Established in 2000 in the Community Renewal Tax Relief Act (P.L.106-554), the New Markets Tax Credit is a bipartisan effort to stimulate investment and economic growth in low-income urban neighborhoods and rural communities. The NMTC provides a shallow federal tax credit of 39 percent, taken over seven years, for investments in census tracts where the individual poverty rate is at least 20 percent or where the median family income does not exceed 80 percent of the area median. Since its inception, the NMTC program has financed more than 8,500 projects, including nearly 3,000 community services and facilities, such as hospitals, schools, daycare centers, and non-profit service providers – all in areas that lacked access to quality facilities before the NMTC investments. At the end of 2020, Congress extended the Credit through 2025 at $5 billion in annual credit authority, the largest ever NMTC extension. Without congressional intervention, the program may expire, once again, in 2025. “During this Congress, leaders in both the U.S. Senate and House introduced the New Markets Tax Credit Extension Act, H.R. 2539 and S. 234, bipartisan legislation to make the NMTC a permanent part of the Internal Revenue Code,” added Rapoza. “Establishing permanence will provide certainty in delivering resources to low-income and marginalized communities, creating jobs, increasing economic opportunity and improving lives at a time when underserved communities face significant challenges. It’s time for the NMTC program, with its proven track record and its bipartisan, bicameral support, to become permanent.” For examples of how the NMTC is making an impact in each state, see the NMTC Coalition's Project Profile Database. The Coalition also released the 20th anniversary edition of its NMTC Progress Report on June 5 th, which documents the NMTC impact in Calendar Year 2023. The New Markets Tax Credit (NMTC) was enacted in 2000 to stimulate private investment and economic growth in low-income urban neighborhoods and rural communities that lack access to the patient capital needed to support and grow businesses, create jobs, and sustain healthy local economies. Since its inception, the NMTC has generated more than one million jobs. Today, due to the NMTC, more than $135 billion is hard at work in underserved communities in all 50 states, the District of Columbia, and Puerto Rico. For more information, visit www.NMTCCoalition.org. Contact Details Greg Wilson +1 571-239-7474 gregwilsonpr@gmail.com Company Website https://nmtccoalition.org/

September 24, 2024 02:19 PM Eastern Daylight Time

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Technology Select Sector SPDR Fund (XLK) an Interesting Option for Technology Investors

Select Sector SPDR

The Technology Select Sector SPDR Fund (XLK) continues to be a cornerstone in the realm of technology investing, providing comprehensive coverage of the U.S. technology sector. This fund offers focused exposure for both individuals and institutions. Starting with components of the S&P 500 within the technology industry, XLK offers an efficient way to gain exposure to this dynamic sector. This ETF is carefully structured, featuring a roster of technology giants that have shown resilience. The fund's composition reflects substantial holdings in some of the most influential and innovative companies in the United States. Key Holdings* of the Technology Select Sector SPDR Fund (XLK) include: Apple (14.94%) Microsoft (13.94%) Nvidia (12.29%) Broadcom (4.52%) Oracle (3.02%) Salesforce (2.90%) Advanced Micro Devices (2.83%) Adobe (2.60%) Accenture (2.37%) Cisco (2.35%) These key holdings illustrate XLK ETF's significant market position, which mirrors the ongoing relevance and innovation within the technology sector. The fund manages total assets exceeding $69 billion, with an expense ratio of 0.09%**. This balanced portfolio approach allows investors to participate in the potential of the technology sector, leveraging the strength and stability of well-established companies. The XLK ETF continues to serve as a vital tool for those aiming to stay aligned with the technological advancements and economic impacts driven by these leading corporations. Moreover, the XLK fund has been a consistent choice for investors wanting to take part in the innovative edge of the tech industry. By maintaining substantial investments in high value tech companies, XLK is an excellent vehicle for its stakeholders to benefit from advancements in the sector. Investors seeking diversified exposure to the tech sector may find XLK's portfolio appealing. The Technology Select Sector SPDR Fund offers an opportunity to engage with a portfolio comprising these tech giants while ensuring diversification across various technology industries. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Holdings, Weightings & Assets as of 9/23/24 subject to change **Ordinary brokerage fees apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007815 EXP 11/30/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

September 24, 2024 01:00 PM Eastern Daylight Time

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Taglich Brothers Maintains Speculative Buy Rating On Cosmos Health With $4 Price Target, Highlighting Potential Valuation Upside

Marel Corporation Ltd

By Marel Corp Cosmos Health ($COSM or 'Cosmos') is a global healthcare group that remains significantly undervalued by the market, despite strong execution and broad diversification across multiple sectors. The company boasts an innovative R&D division that leverages AI-driven drug repurposing, along with ownership of proprietary pharmaceutical and nutraceutical brands like Sky Premium Life. As a vertically integrated manufacturer of medicines, Cosmos is strategically positioned within the healthcare industry. Additionally, its logistics arm, CosmoFarm, distributes healthcare products to over 1,000 pharmacies, while its telehealth platform further strengthens the company’s presence in the evolving healthcare landscape. Despite the company generating nearly $60 million in annual revenue—expected to grow to $155.80 million by 2027, according to the company’s guidance for the 2024-2027 period—its market cap remains depressed at just around $20 million. The share price has dropped significantly over the past couple of years, despite notable progress on multiple fronts. Based on the guidance provided issued by the company, it expects to be highly profitable in the coming years, with EBITDA projected to reach nearly $30 million by 2027. Specifically, the company issued the following guidance: The anticipated achievements are expected to result from a combination of strategic initiatives, including a focus on higher-margin business segments, operational synergies, and enhanced cost efficiency. As highlighted by the company, the following key priorities could drive this growth: Expansion of Sky Premium Life's global footprint and product range, introducing new formulas, therapeutic areas, and customized offerings. This will be supported by strategic partnerships with exclusive distributors and digital channels. Global launch of C-Sept and C-Scrub, both of which possess significant market potential and face limited competition. Production is being scaled up, with additional products in the development pipeline. Expansion of generic pharmaceuticals across the EU and international markets, with a focus on advanced generics and innovative OTC products. Optimization of Contract Manufacturing Organization (CMO) operations, prioritizing high-demand medicines and competitive pricing strategies. Progress toward World Medical Organization (WMO) patent approval and completion of clinical trials for the CCX obesity pill by 2025, with commercialization anticipated in 2026. Driving organic growth by integrating the pharmacy distribution network to enhance efficiency and scalability. Corporate reorganization efforts, focusing on cost-cutting initiatives and optimizing asset and resource utilization through the integration of business units. These initiatives aim to propel the company forward while delivering sustained profitability and operational growth. Sharing the company’s optimistic outlook, Taglich Brothers recently published an updated research report on the company's common stock. Taglich maintains a Speculative Buy rating with a $4 price target, implying a nearly four-fold increase in the share price over the next 12 months. Taglich estimates that the company’s valuation should improve alongside revenue growth, which is expected to translate into operating profits and positive cash flow. Currently, Cosmos's price-to-sales multiple (0.3x) significantly trails the sector average of 2.4x for comparable companies in medical distribution and drug manufacturing, indicating a potential catch-up opportunity. Moving forward, investors are likely to assign a valuation multiple closer to industry norms. Even with a conservative approach, applying a lower-than-average price-to-sales multiple of 1.4x to the 2025 sales per share forecast of $3.86 supports the $4 price target, accounting for execution risks and potential warrant dilution. Recently, the company has rapidly secured distribution agreements for its proprietary Sky Premium Life brand across the GCC—including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates—as well as in European markets like Slovakia, Hungary, Poland, and Czechia. It has even signed exclusivity agreements to distribute real-time mpox (formerly monkeypox) PCR tests as far as India. In summary, Cosmos Health is a company worth monitoring as it works to position itself for potential alignment with industry peers. Featured image sourced from Shutterstock Marel Corp is an investor in stocks, employing diverse strategies across sectors and company sizes. This post was authored by an external contributor and does not represent Benzinga's opinions and has not been edited for content. This contains sponsored content and is for informational purposes only and not intended to be investing advice. Contact Details BDG Communications +44 20 7097 1653 info@bdgcommunications.com

September 24, 2024 12:00 PM Eastern Daylight Time

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Blue Trust Selects Vident, Brightlight, and Mammoth Technology to Launch Revolutionary Faith-Based Private Investing Platform

Mammoth

Blue Trust selected Vident Asset Management (“Vident”) to build a new platform for Blue Trust advisors and clients that provides specialized due diligence and state-of-the-art technology. This platform is designed to provide a unique opportunity for advisors to offer their clients investments that align their financial goals with their faith and values. This first-of-its-kind platform is set to transform the landscape of private investing by offering a comprehensive, faith-driven approach. Brightlight and Mammoth Technology were invited to participate due to their capability of providing a highly curated catalog of private investment funds designed for Blue Trust clients on an innovative technology platform. Blue Trust Sought Due Diligence that Ensures a Faith-based Alignment of Values Due diligence on each private fund is performed by Brightlight, an industry leader in investment research and analysis. Brightlight is renowned for its ethical evaluation processes, ensuring that all investment opportunities meet the highest standards of impact-driven criteria. Its expertise provides an added layer of trust and integrity to the platform, making it a reliable choice for advisors when working with their clients to pursue aligning their money with their faith. Technology Powered by Mammoth Mammoth Technology brings cutting-edge technology and innovative processes, enabling seamless workflows and user experiences. The flexibility of its platform allows for a variety of funds to be offered through a unified experience while keeping the costs low for end investors and optimizing the process for the advisory firms that manage the investments. Mammoth works alongside each firm's tech stack to ensure accurate reporting and improve the confidence and scalability of allocating to private markets. Blue Trust advisors apply biblical wisdom and technical expertise Blue Trust, an Atlanta-based wealth management firm and trust company, oversees $59 billion in assets under advisement serving for more than 10,000 individuals and families. This endeavor with Vident, Brightlight, and Mammoth Technology underscores Blue Trust's commitment to offering clients innovative and values-aligned investment opportunities. “We are thrilled with this relationship, which empowers our advisors to better serve our clients that desire to more fully integrate their faith with their finances. This collaboration will enhance our ability to deliver exceptional investment opportunities with best-in-class service,” said Brian McClard, Chief Investment Officer of Blue Trust. A Platform for RIAs and Broker-Dealers The platform is designed for use by registered investment advisors (RIAs) and broker-dealers, providing them with access to a carefully curated catalog of private funds. Funds selected for the platform have undergone due diligence and are seamlessly integrated into a process tailored for advisors to guide client allocations. This process ensures that advisors remain at the center of transactions throughout the life of the investment, strengthening their client relationships and enhancing service delivery. A Unique Approach to Alternative Investing What sets this platform apart from other alternative investing platforms is Mammoth's ability to work with a wide range of fund managers while simultaneously creating a standardized, white-labeled process for advisors and their clients. This approach reduces the cost to end investors and allows advisors to scale the onboarding process, reducing not in good order (NIGO) errors and building trust with their clients. "It’s all about helping deepen the relationship between an advisor and their client. When a client completes a subscription agreement on Mammoth, they experience their advisor’s brand and guidance every step of the way," said Steve Zuschin, Chief Revenue Officer at Mammoth. Flexibility in Investment Structures Mammoth Technology offers flexible processes for private fund limited partner engagement or works with financial advisors and emerging fund managers to create special purpose vehicles that pool client assets. This flexibility allows advisors to tailor investment structures to meet the specific needs of their clients, further enhancing the platform's appeal and usability. The goal is to create an efficient path to allocating to private vehicles while keeping the cost to the end investor down. About Mammoth Technology Mammoth Technology is at the forefront of financial technology innovation, delivering cutting-edge solutions that streamline operations, enhance user experiences, and support the unique needs of advisors and their clients in the alternative investing space. Visit mammothtechnology.com for more information. About Vident Vident Asset Management (“Vident”) brings expert thinking, technical and operational capability, and seamless execution to a diverse set of partners so they can provide their clients with specialized exposure solutions. The cornerstones of Vident are its accumulated knowledge, technical and operational expertise, and entrepreneurial spirit centered around its people, capabilities, and long-standing relationships with what Vident believes are best-in-class service providers. About Blue Trust Blue Trust advisors apply biblical wisdom and technical expertise to help clients make wise financial decisions to experience clarity and confidence and leave a lasting legacy. With $59 billion assets under advisement and a nationwide network of 17 offices, we offer comprehensive financial services and objective advice to more than 10,000 clients across the wealth spectrum in all 50 states. (As of 6/30/24 and subject to change.) Contact Details For Mammoth Technology Steve Zuschin, Chief Revenue Officer steve@mammothtechnology.com Company Website https://mammothtechnology.com/

September 24, 2024 10:35 AM Eastern Daylight Time

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