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Business

Align appoints Justin Passey as director of audio-visual consultancy, workplace technology, EMEA

NEW YORK & LONDON–(BUSINESS WIRE)–#AV—Align, the premier global provider of technology infrastructure solutions and managed IT services, today announced the appointment of Justin Passey to its London Workplace Technology team as Director of Audio-Visual, EMEA.


Justin brings over 15 years of AV experience, spanning technical consultancy, design, and installation. Prior to joining Align’s London team, Justin managed projects for prominent clients such as Yext, Peloton, Alvarez and Marsal, and Hearst Theater from Align’s US Headquarters in New York City. Justin’s hands-on involvement with the Peloton Super Studio project is just one piece of his impressive overall career progression.

“Justin’s proven track record of advancing business objectives, coupled with his unparalleled depth of industry knowledge, uniquely position him for this leadership role,” said Jim Dooling, CEO and President of Align. “He will be an instrumental driving force behind the continued enhancement and international expansion of our Workplace Technology and Audio-Visual solutions.”

Justin’s primary responsibility will be to help clients digitally transform through the design and deployment of next-generation collaboration technologies. These include conference and huddle room designs, projection and displays, sound reinforcement, video walls and interactive technology, and digital signage, to name a few.

“I am very excited to join Align’s London team, where I look forward to expanding the reach of our successful AV consulting practice,” said Justin. “I am ready to put my experience to work by leveraging my knowledge of industry best practices to better serve clients across the EMEA region.”

About Align

Align is a premier global provider of technology infrastructure solutions. For over 33 years, leading firms worldwide have relied on Align to guide them through IT challenges, delivering complete, secure solutions for business change and growth. Align is headquartered in New York City and has offices in London, Chicago, San Francisco, Arizona, New Jersey, Texas and Virginia. Learn more at www.align.com, and follow @AlignITAdvisor.

Contacts

Align

Ashley Holbrook

212-546-6159

aholbrook@align.com

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Business

CoreLogic reports an emerging paradox: U.S. serious delinquencies spiking despite strong housing demand

  • The U.S. serious delinquency rate reached its highest level since April 2014
  • Metropolitan areas that lack strong job return led the nation in delinquencies in July

IRVINE, Calif.–(BUSINESS WIRE)–#Foreclosure–CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for July 2020. On a national level, 6.6% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure). This represents a 2.8-percentage point increase in the overall delinquency rate compared to July 2019, when it was 3.8%.


To gain an accurate view of the mortgage market and loan performance health, CoreLogic examines all stages of delinquency, including the share that transitions from current to 30 days past due. In July 2020, the U.S. delinquency and transition rates, and their year-over-year changes, were as follows:

  • Early-Stage Delinquencies (30 to 59 days past due): 1.5%, down from 1.8% in July 2019, and down from 4.2% in April when early-stage delinquencies spiked.
  • Adverse Delinquency (60 to 89 days past due): 1%, up from 0.6% in July 2019, but down from 2.8% in May.
  • Serious Delinquency (90 days or more past due, including loans in foreclosure): 4.1%, up from 1.3% in July 2019. This is the highest serious delinquency rate since April 2014.
  • Foreclosure Inventory Rate (the share of mortgages in some stage of the foreclosure process): 0.3%, down from 0.4% in July 2019. The July 2020 foreclosure rate is the lowest for any month in at least 21 years.
  • Transition Rate (the share of mortgages that transitioned from current to 30 days past due): 0.8%, unchanged from July 2019. The transition rate has slowed since April 2020, when it peaked at 3.4%.

Despite home values, measured by the CoreLogic Home Price Index, rising at an accelerated rate, unemployment levels in hard-hit areas remain stubbornly high, leaving some borrowers house-rich but cash poor. Despite the slow reopening of several sectors of the economy, recovery for other industries like entertainment, tourism, oil and gas have a more uncertain outlook for the remainder of 2020. With persistent job market and income instability, Americans continue to tap into savings to stay current on their home loans. But as savings run out, borrowers could be pushed further down the delinquency funnel.

“Many Americans, particularly millennials, are taking advantage of low rates to either purchase their first home or upgrade their living situations,” said Frank Martell, president and CEO of CoreLogic. “However, given the unsteadiness of the job market, many homeowners are beginning to feel the compounding pressures of unstable income and debt on personal savings buffers, creating heightened risk of falling behind on their mortgages.”

“Four months into the pandemic, the 120-day delinquency rate for July spiked to 1.4%,” said Dr. Frank Nothaft, chief economist at CoreLogic. “This was the highest rate in more than 21 years and double the December 2009 Great Recession peak. The spike in delinquency was all the more stunning given the generational low of 0.1% in March.”

In July, all states logged annual increases in both overall and serious delinquency rates. COVID-19 hotspots were again impacted the most, with Nevada (up 5.2 percentage points), New Jersey (up 4.8 percentage points), Hawaii (up 4.7 percentage points), New York (up 4.6 percentage points) and Florida (up 4.4 percentage points) topping the list for overall delinquency gains.

Similarly, all U.S. metro areas logged at least a small increase in serious delinquency rates in July. Odessa, Texas — which has been hard hit by job loss in the oil and gas industry — experienced the largest annual increase, up 7.5 percentage points. Other metro areas with significant serious delinquency increases included Laredo, Texas (up 6.6 percentage points); Miami (up 6.4 percentage points); McAllen, Texas (up 6.2 percentage points) and Kahului, Hawaii (up 5.9 percentage points).

With industries like oil and gas projected to leave millions of jobs unrestored throughout the remainder of the year, we may expect to see continued increases in mortgage delinquencies.

The next CoreLogic Loan Performance Insights Report will be released on November 10, 2020, featuring data for August 2020. For ongoing housing trends and data, visit the CoreLogic Insights Blog: www.corelogic.com/insights.

Methodology

The data in The CoreLogic LPI report represents foreclosure and delinquency activity reported through July 2020. The data in this report accounts for only first liens against a property and does not include secondary liens. The delinquency, transition and foreclosure rates are measured only against homes that have an outstanding mortgage. Homes without mortgage liens are not subject to foreclosure and are, therefore, excluded from the analysis. CoreLogic has approximately 75% coverage of U.S. foreclosure data.

Source: CoreLogic

The data provided is for use only by the primary recipient or the primary recipient’s publication or broadcast. This data may not be re-sold, republished or licensed to any other source, including publications and sources owned by the primary recipient’s parent company without prior written permission from CoreLogic. Any CoreLogic data used for publication or broadcast, in whole or in part, must be sourced as coming from CoreLogic, a data and analytics company. For use with broadcast or web content, the citation must directly accompany first reference of the data. If the data is illustrated with maps, charts, graphs or other visual elements, the CoreLogic logo must be included on screen or website. For questions, analysis or interpretation of the data, contact Valerie Sheets at newsmedia@corelogic.com. Data provided may not be modified without the prior written permission of CoreLogic. Do not use the data in any unlawful manner. This data is compiled from public records, contributory databases and proprietary analytics, and its accuracy is dependent upon these sources.

About CoreLogic

CoreLogic (NYSE: CLGX), the leading provider of property insights and solutions, promotes a healthy housing market and thriving communities. Through its enhanced property data solutions, services and technologies, CoreLogic enables real estate professionals, financial institutions, insurance carriers, government agencies and other housing market participants to help millions of people find, buy and protect their homes. For more information, please visit www.corelogic.com.

CORELOGIC and the CoreLogic logo are trademarks of CoreLogic, Inc. and/or its subsidiaries. All other trademarks are the property of their respective owners.

Contacts

Valerie Sheets

CoreLogic

newsmedia@corelogic.com

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Business

Santander Bank announces key executive appointments

New Heads of Small Business Banking, Consumer Lending and new Chief Marketing Officer bring deep experience to accelerate the Bank’s transformation

BOSTON–(BUSINESS WIRE)–Santander Bank, N.A. (“Santander Bank” or “the Bank”) announced today the appointment of three key executives: Patrick Smith has been named Head of Small Business Banking, Giancarlo Marchesi has been named Head of Consumer Lending, and Jennifer Mathissen has been named Chief Marketing Officer. They will report to Head of Consumer and Business Banking Pierre Habis. The appointments are another important step in Santander Bank’s growth and transformation strategy.

“Santander Bank is on a path toward growth through simplifying how we go to market and expanding our digital product offerings,” said Santander US and Santander Bank CEO Tim Wennes. “These leaders will bring a wealth of knowledge and experience to Santander and their talent will be invaluable as we execute against our strategy.”

“I want to welcome Patrick, Giancarlo and Jennifer to Santander,” said Habis. “They are subject matter experts in their fields and having their talent on the team will greatly accelerate the Bank’s transformation. We want to become closer to our customers, and these new leaders will help us build an operating model that matches our customer-first mindset.”

Head of Small Business Banking

Smith joined Santander Bank on October 5, based in Boston, as Head of Small Business Banking. He is responsible for developing the strategic direction, product pricing and portfolio management of the Small Business Banking division.

“Small businesses are the fabric of our economy, and we’re modernizing our banking model to better help small businesses prosper and to serve their holistic financial needs. Patrick will be integral to this transformation to become a premier small business bank,” said Habis.

Smith comes to Santander from KeyBank where he was Executive Vice President and Head of Commercial Digital. Prior to that, Smith was Executive Vice President of Financial Wellness and Consumer Strategy and was responsible for creating and executing the strategy to transform KeyBank’s consumer banking franchise through digital products, financial wellness programs and brand partnerships. He has more than 25 years of experience in the financial services industry. Smith earned a Bachelor of Science degree from Tuskegee University, his MBA from the University of Chicago, and a Master of Science in Information Technology Management from the University of Virginia.

Head of Consumer Lending

Marchesi has been named Head of Consumer Lending and will join Santander Bank on October 13, based in New York. He will manage all aspects of consumer lending, from mortgages to auto lending, responsible for driving the growth of the businesses and their products.

“This newly created role consolidates all of our consumer lending products under one leader to not only simplify our organization but also diversify and digitize the products we offer,” said Habis. “Giancarlo has deep experience in the consumer lending space, and his background in credit risk will only enhance the Bank’s responsible lending.”

Marchesi will join Santander from Wells Fargo where he was a Senior Credit Officer in the auto lending division. He has served in key leadership roles at large financial firms, including Chief Risk Officer of Student Lending and Auto Finance at JPMorgan Chase. He will bring nearly 30 years of banking experience to Santander, with deep knowledge in risk management and retail lending. Marchesi holds a Bachelor of Arts degree in international marketing from Hofstra University and an MBA in finance from New York University.

Chief Marketing Officer

Mathissen will join Santander on November 2 as the Chief Marketing Officer, based in Boston. She will be a strategic partner in driving business growth and customer loyalty. She will also oversee the Customer Experience team.

“Jennifer’s analytical background will help us deliver a best-in-class brand and customer experience through data-driven customer insights and analytics,” said Habis. “She will help us build a modern marketing organization with a strong digital framework where we can effectively tell our story to customers.”

She spent the last two years at CVS Health leading their Enterprise Insights. She will bring to Santander more than 20 years of experience in acquisition marketing, building brands, launching products and developing digital customer experiences honed during her time at Epsilon Agency (formerly Catapult) and McKinsey & Co. She earned a Bachelor of Arts degree in economics from Mount Holyoke College.

Santander Bank, N.A. is one of the country’s largest retail and commercial banks with $89.5 billion in assets. With its corporate offices in Boston, the Bank’s 9,100 employees, 575 branches, more than 2,000 ATMs and more than 2.1 million customers are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware. The Bank is a wholly-owned subsidiary of Madrid-based Banco Santander, S.A. (NYSE: SAN) – one of the most respected banking groups in the world with more than 146 million customers in the U.S., Europe, and Latin America. It is overseen by Santander Holdings USA, Inc., Banco Santander’s intermediate holding company in the U.S. For more information on Santander Bank, please visit www.santanderbank.com.

Contacts

Laurie Kight

214.801.6455

mediarelations@santander.us

Nancy Orlando

617-757-5765

mediarelations@santander.us

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Business

P360 introduces Swittons smart devices for life sciences enterprises

P360’s new lineup of IoT powered smart devices enables omnichannel workflows

PISCATAWAY TOWNSHIP, N.J.–(BUSINESS WIRE)–#EnterpriseTechnology—P360 today announced that its Swittons Internet of Things (IoT) powered smart devices now feature expanded enterprise-level capabilities for life sciences companies. The Swittons platform can now be utilized across several functions within the same organization, with workstream-specific customizations for each functional vertical. Of the many use cases; for example, Swittons can now be used to automate processes between pharmaceutical labs, supply chains and sales teams at the click of a button.


“Unlike multichannel solutions, which operate in silos by nature, omnichannel platforms like Swittons deliver a consistent, personalized user experience across all channels,” stated P360 CEO and Founder Anupam Nandwana. “Coupled with Microsoft foundational software elements, which provides seamless integrations across various user groups, the new Swittons package provides an advanced enterprise solution for sophisticated companies with multiplexed needs.”

The primary drivers of the Swittons omnichannel enterprise revolution are life sciences digital innovation initiatives, the post-COVID-19 business environment and increasingly constrictive regulatory matters regarding direct physician-to-pharma communication.

The original Swittons design was focused on pharmaceutical commercial settings, where the smart devices help streamline remote physician engagement by automating frequent requests and triggering communication channels. The expansion into omnichannel enterprise applications has garnered interest (from various major pharmaceutical companies) for the following cross-pharma use cases:

  • Pharma Labs, where Swittons fills the gaps between scientists and e-systems, by automating functions like opening tickets in service software (ServiceNow, Saleforce Service Cloud, Microsoft Dynamics), activating emergency alerts, automating reagent reorders and triggering team messaging (emails and texts) and phone and video calls.
  • Pharma Supply Chains, where Swittons serves as a connecting point to allow for remote communication, instant notifications and restocking of various warehouses (or pharmacy distribution centers) at the click of a button.
  • Clinical Trials, where Swittons can be situated at the clinical sites to enable one-touch requests of drug supply, incidentals, or trigger discussions with clinical research associates (CRAs).

All of these seemingly independent use cases are actually able to integrate with organization-wide analytics and AI, helping assimilate relevant data to the C-suite. This enables a top-down, multi-tiered workstream of automations to occur within existing enterprise software solutions. This omnichannel approach to software integration allows for direct, human-to-digital information flow across previously siloed systems.

Each Swittons device can be custom branded and programmed to align with specific workstreams, and can integrate with existing IT systems and enterprise platforms such as enterprise resource planning (ERP), customer relationship management (CRM), enterprise asset management (EAM), clinical trial management systems (CTMS), product lifecycle management (PLM) systems, and others. The devices can even trigger phone and video calls via a built-in integration with Microsoft Teams and other virtual communication platforms.

Swittons devices are built on Microsoft Azure, and each device comes out of the box ready and automatically connects through a Wi-Fi or GSM cellular connection. The Swittons platform also features a flexible user portal that includes device usage dashboards and advanced, customizable analytics built on a Microsoft PowerBI foundation.

More information about Swittons is available HERE.

Swittons is powered by the technology and expertise developed by P360. Delivering a 360-view through the pharma, physician, laboratory and patient ecosystem, P360 designs and deploys capabilities that ensure the highest efficiencies and returns on sales operations, data management, clinical trials, patient centricity and IoT innovation. To learn more about P360, visit P360.com.

About Swittons

Based in Piscataway Township, New Jersey, and powered by P360, Swittons is an end-to-end enterprise IoT solution for commercial acceleration. From dashboard to device to data, Swittons powers seamless engagement. Swittons for physicians and pharma is changing everything about how businesses communicate. To learn more, visit Swittons.com.

Contacts

Brian Fitzgerald

Brian.Fitzgerald@P360.com
808-754-0437

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Business

NICE Actimize announces ENGAGE LIVE, the largest virtual financial crime risk management customer event of the year, focused on the power of always on AI

Over 1000 attendees from leading Global financial services organizations will attend the conference featuring 35+ sessions dedicated to financial crime solutions and services

HOBOKEN, N.J.–(BUSINESS WIRE)–#Engage–Navigating today’s “Always On” environment with zero compromise requires powerful innovation and smart, strategic decisioning. With this in mind, NICE Actimize, a NICE (NASDAQ: NICE) business today announced ENGAGE LIVE, the financial crime industry’s largest virtual customer event of the year. To be held on October 14-15, 2020, this free event will provide unprecedented insights to guide business decisions at the world’s leading financial institutions. Global financial services organizations will attend the event, featuring more than 35 sessions and six tracks dedicated to financial crime solutions and services.

Focused on the “Always On” environment reflected within the rapidly-changing financial crime industry, the event highlights innovation fueled by Digital Acceleration, Cloud Transformation, Always on AI and Actionable Data. Spotlighted at the interactive Solutions Showcase, event attendees can view the latest technologies in action from NICE Actimize and its X-Sight Marketplace partners. The Showcase will also feature strategic partners, including Infosys, a global leader in next-generation digital services and consulting. Online “Pods” will be staffed for live chat and networking opportunities.

Featuring content to suit every role and interest across anti-money laundering, enterprise fraud, financial markets compliance, and case management, this global event offers a wealth of informative sessions, including visionary keynotes from Craig Costigan, NICE Actimize CEO; Chad Hetherington, NICE Actimize VP, Global Head of Product; and Yossi Levin, NICE Actimize VP, Global Head of Engineering.

Danica Patrick, Robert Herjavec Headline Celebrity Keynotes

On October 14, Danica Patrick, former world-renowned racing driver, will also deliver a keynote to kick off the event. As a professional racecar driver, Patrick broke barriers and set records with her impressive on-track performance. Attendees will have the exclusive opportunity to hear her story and unique perspective on how to stay ahead with speed and agility.

And entrepreneur and leading Shark featured on ABC’s Shark Tank, Robert Herjavec, will join ENGAGE LIVE on October 15. Born in Eastern Europe, and escaping Communism with his parents from the former Yugoslavia, Herjavec rose to launch his own computer company from his basement. In 2003, he founded the Herjavec Group, and it quickly became one of America’s fastest growing technology companies. His motivational business advice has received millions of impressions through TV, print, radio and digital media.

Additional guest speakers include Frank McKenna, Chief Fraud Strategist of Point Predictive, and author of the well-known industry blog “FrankonFraud.” McKenna is an advocate for fraud managers and data scientists, who has dedicated his career to fighting fraud across the world. He has worked with over 200 banks, lenders, and finance companies, to solve fraud issues that impact customers.

“Organizations that accelerate digital transformation will become tomorrow’s leaders,” said Craig Costigan, NICE Actimize CEO who will deliver the opening keynote. “Balancing risk and customer experience is an imperative to transitioning successfully. To help our customers perfect that balancing act, we’ve introduced several innovations fuelled by the Power of our ‘Always On’ AI strategy which is built on the solid foundation of our cloud platforms, Xceed and X-Sight, which provide ease and flexibility for organizations of all sizes.”

To register for ENGAGE LIVE, go to our registration link by clicking here.

To view the complete ENGAGE LIVE Agenda, please click here.

Additional NICE Actimize ENGAGE LIVE resources:

About NICE Actimize

NICE Actimize is the largest and broadest provider of financial crime, risk and compliance solutions for regional and global financial institutions, as well as government regulators. Consistently ranked as number one in the space, NICE Actimize experts apply innovative technology to protect institutions and safeguard consumers and investors assets by identifying financial crime, preventing fraud and providing regulatory compliance. The company provides real-time, cross-channel fraud prevention, anti-money laundering detection, and trading surveillance solutions that address such concerns as payment fraud, cybercrime, sanctions monitoring, market abuse, customer due diligence and insider trading. Find us at www.niceactimize.com, @NICE_Actimize or Nasdaq: NICE.

About NICE

NICE (Nasdaq: NICE) is the world’s leading provider of both cloud and on-premises enterprise software solutions that empower organizations to make smarter decisions based on advanced analytics of structured and unstructured data. NICE helps organizations of all sizes deliver better customer service, ensure compliance, combat fraud and safeguard citizens. Over 25,000 organizations in more than 150 countries, including over 85 of the Fortune 100 companies, are using NICE solutions. www.nice.com.

Trademark Note: NICE and the NICE logo are trademarks or registered trademarks of NICE Ltd. All other marks are trademarks of their respective owners. For a full list of NICE’s marks, please see: www.nice.com/nice-trademarks.

Forward-Looking Statements

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Mr. Costigan, are based on the current beliefs, expectations and assumptions of the management of NICE Ltd. (the “Company”). In some cases, such forward-looking statements can be identified by terms such as “believe,” “expect,” “seek,” “may,” “will,” “intend,” “should,” “project,” “anticipate,” “plan,” “estimate,” or similar words. Forward-looking statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of changes in economic and business conditions, including as a result of the COVID-19 pandemic; competition; successful execution of the Company’s growth strategy; success and growth of the Company’s cloud Software-as-a-Service business; changes in technology and market requirements; decline in demand for the Company’s products; inability to timely develop and introduce new technologies, products and applications; difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel; loss of market share; an inability to maintain certain marketing and distribution arrangements; the Company’s dependency on third-party cloud computing platform providers, hosting facilities and service partners;, cyber security attacks or other security breaches against the Company; the effect of newly enacted or modified laws, regulation or standards on the Company and our products and various other factors and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (the “SEC”). For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company’s reports filed from time to time with the SEC, including the Company’s Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law.

Contacts

Corporate Media Contact:

Cindy Morgan-Olson, +1-646-408-5896, ET, NICE Actimize, cindy.morgan-olson@niceactimize.com

Investors:

Marty Cohen, +1 551 256 5354, ET, ir@nice.com
Yisca Erez, +972-9-775-3798, CET, ir@nice.com

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Business

Finance of America Reverse gets prrsonal with purpose-driven campaign featuring real customers

“Letters” Film Showcases How FAR’s People-Focused Approach is Making Retirement Work for Customers and Inspires First Major Television Spot

SAN DIEGO–(BUSINESS WIRE)–Finance of America Reverse LLC (“FAR”), one of the largest reverse mortgage lenders in the U.S. and a leading provider of retirement solutions, announced today the launch of the “Letters” film and accompanying marketing campaign, created to bring its corporate culture and purpose to life through the words of its customers. The initiative underscores FAR’s customer-first approach to providing financial flexibility in retirement and builds on its longstanding principle that a reverse mortgage should be considered as part of a holistic, customized retirement strategy for qualified borrowers, not a one-off financial decision.


“Letters” is a heartfelt montage of FAR borrowers sharing personal stories from their homes about how FAR’s proprietary HomeSafe® reverse mortgages impacted their lives and provided them with the flexibility to meet their unique retirement goals. Originally captured as part of a short film to inspire FAR employees and illustrate the impact that their work has in the world, the customer testimonials demonstrate how FAR is fulfilling its purpose of helping people get to work on retirement. The stories range from generating a new source of income to help pay for the needed care of a sick loved one to using the funds to update a family home so they can safely age-in-place. This campaign features a variety of creative assets and visual storytelling that support the customer’s unique experiences. The creative assets include a short film, individual profiles, portraiture photography, and blog posts that will be distributed as a major television spot, ads on YouTube, social media posts and other digital platforms.

“When we debuted Letters for employees at our annual President’s Retreat, there were not a lot of dry eyes in the room,” said Ashley Honore Smith, FAR Head of Marketing. “Our mission may sound lofty, but we are living it every day. The film started as a labor of love to motivate our employees and show them the tremendous difference they’re making in the lives of our customers. Now, we hope this campaign resonates as it reveals that reverse is a forward thinking, contemporary retirement strategy.”

The campaign features the moving stories of real FAR customers like Dennie and her husband Hassan, who aspired to retire early and used HomeSafe to help accomplish that goal. “We did some research, reading recommendations and looking at reviews for reputable companies, and FAR stood out,” said Dennie, who turned to FAR for its top-quality customer service and ability to provide a tailored, flexible solution that met their retirement goals. “Everyone we worked with at FAR was knowledgeable, positive and very friendly. Our reverse mortgage is working just as promised – giving us extra money each month to do the things we love – and, best of all, peace of mind knowing we can live in our home as long as we desire.”

It also features the story of Ann, who wanted to remain in the home that had been in her family for generations. However, she was concerned that remodeling her house to safely age-in-place was cost prohibitive and needed a solution to address her long-term care needs. By working with FAR, Ann was able to update her home, received top-quality customer service and support throughout the process and even had funds left over to meet other retirement goals.

“Even though you were thousands of miles away, you were with me every step of the way by phone, email and certified mail,” said Ann. “I was able to remodel the kitchen, bedrooms, redo the floors, update plumbing and electric and I paid off my old mortgage and debt.”

“One of our top priorities at FAR is improving the customer experience and educating the market about how reverse mortgages have evolved. The introduction of new proprietary products has provided more options for retirees to create stability in retirement,” said Kristen Sieffert, President of FAR. “These testimonials shine a light on just how much progress we’ve made as a company and an industry to change perceptions and demonstrate the value that reverse mortgages can bring to people as they plan for and live their retirements. One of the greatest moments in our business is when we hear directly from customers who are not only satisfied, but also willing to share their personal experiences with others.”

The Letters campaign builds on the success of the Introducing HomeSafe campaign, FAR’s first major consumer campaign, which also featured interviews with proprietary reverse mortgage borrowers and has received more than 30 million targeted views to date.

About Finance of America Reverse LLC (FAR)

As a retirement solutions company, Finance of America Reverse is committed to empowering people with the tools they need to achieve financial independence and get to work on retirement. Through its team of Licensed Loan Officers and network of professional and wholesale partners, Finance of America Reverse offers products and services designed to help older Americans include home equity in their retirement plans. The company is licensed nationally and is a proud member of the National Reverse Mortgage Lenders Association (NRMLA). For more information, please visit www.fareverse.com or find us on Facebook, LinkedIn or Twitter.

This material is not from HUD or FHA and has not been approved by HUD or any government agency.

When the loan is due and payable, some or all of the equity in the property that is the subject of the reverse mortgage no longer belongs to borrowers, who may need to sell the home or otherwise repay the loan with interest from other proceeds. FAR may charge an origination fee, mortgage insurance premium, closing costs and servicing fees (added to the balance of the loan). The balance of the loan grows over time and FAR charges interest on the balance. Borrowers are responsible for paying property taxes, homeowner’s insurance, maintenance, and related taxes (which may be substantial). We do not establish an escrow account for disbursements of these payments. Borrowers must occupy home as their primary residence and pay for ongoing maintenance; otherwise the loan becomes due and payable. The loan also becomes due and payable (and the property may be subject to a tax lien, other encumbrance, or foreclosure) when the last borrower, or eligible non-borrowing surviving spouse, dies, sells the home, permanently moves out, defaults on taxes, insurance payments, or maintenance, or does not otherwise comply with the loan terms. Interest is not tax-deductible until the loan is partially or fully repaid.

Finance of America Reverse LLC NMLS #2285 (www.nmlsconsumeraccess.org); Corporate Office: 8023 East 63rd Place, Suite 700, Tulsa, OK 74133; Arizona Mortgage Bankers License #0921300, Mortgage Bankers Branch License #0117862 – 625 West Southern Ave., Suite E171, Mesa AZ 85210; Licensed by the California Department of Business Oversight under the California Residential Mortgage Lending Act ; Licensed under the California Department of Business Oversight under the California Finance Lenders Law; Colorado: To check the status of your Colorado loan originator, visit http://www.dora.state.co.us/real-estate/index.htm; Georgia Residential Mortgage Licensee #23647, 8023 East 63rd Place, Suite 700, Tulsa, OK 74133; Illinois Residential Mortgage License #MB6759657; Kansas Licensed Mortgage Company #MC0002210; Massachusetts Lender/Broker License MC2285: Finance of America Reverse LLC; Licensed by the Mississippi Department of Banking and Consumer Finance; Licensed by the Missouri Division of Finance as a Mortgage Broker, 1201 Walnut, Suite 975, Kansas City, MO 64106; Licensed Mortgage Banker – NYS Department of Financial Services, 888 Veterans Memorial Highway, Suite 300, Hauppauge, NY 11788. Finance of America Reverse LLC is known as FAReverse LLC in NY in lieu of true name Finance of America Reverse LLC. Licensed by the New Hampshire Banking Department; Oregon License #ML-4805; Nevada Mortgage Banker License #4297. 2300 West Sahara Ave, Ste 800, #835, Las Vegas, NV 89102, 702-592-6538; Licensed by the New Jersey Department of Banking and Insurance; Licensed by the Pennsylvania Department of Banking; Rhode Island Licensed Lender; Licensed By the Virginia State Corporation Commission #MC-5413; Washington Consumer Loan Company License #50202. Also conduct business in AL, AR, CT, FL, HI, ID, IN, KY, LA, ME, MD, MI, NE, NM, NC, OH, OK, PR, SC, TN, TX, UT, VT, WV, WI, and WY. Not all products and options are available in all states. Terms subject to change without notice. ©2018 Finance of America Reverse LLC. All Rights Reserved. EQUAL HOUSING LENDER.

Contacts

Media:
Caleb Barnhart

Sloane & Company

FAR@Sloanepr.com

Continue reading “Finance of America Reverse gets prrsonal with purpose-driven campaign featuring real customers”
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AdvanSix to release third quarter financial results and hold investor conference call on October 30

PARSIPPANY, N.J.–(BUSINESS WIRE)–AdvanSix (NYSE: ASIX) will issue its third quarter 2020 financial results before the opening of the New York Stock Exchange on Friday, October 30. The company will also hold a conference call with investors at 9:00 a.m. ET that day.

Conference Call Details

To participate on the conference call, dial (844) 855-9494 (domestic) or (412) 858-4602 (international) approximately 10 minutes before the 9:00 a.m. ET start, and tell the operator that you are dialing in for AdvanSix’s third quarter 2020 earnings call. A replay of the conference call will be available from 12 noon ET on October 30 until 12 noon ET on November 6. You can listen to the replay by dialing (877) 344-7529 (domestic) or (412) 317-0088 (international). The access code is 10148290.

Presentation Materials / Webcast Details

A real-time audio webcast of the presentation can be accessed at http://investors.advansix.com. Related materials will be posted prior to the presentation at that site, and a replay of the webcast will be available on the AdvanSix investor website for 90 days following the presentation.

About AdvanSix

AdvanSix is a leading manufacturer of Nylon 6, a polymer resin which is a synthetic material used by our customers to produce fibers, filaments, engineered plastics and films that, in turn, are used in such end-products as carpets, automotive and electronic components, sports apparel, food packaging and other industrial applications. As a result of our backward integration and the configuration of our manufacturing facilities, we also sell caprolactam, ammonium sulfate fertilizer, acetone and other intermediate chemicals, all of which are produced within unit operations across our integrated manufacturing value chain. More information on AdvanSix can be found at http://www.advansix.com.

Contacts

Media
Debra Lewis

(973) 526-1767

debra.lewis@advansix.com

Investors
Adam Kressel

(973) 526-1700

adam.kressel@advansix.com

, , {item content}, September 30, 2020

Categories
Business

Stealthbits continues to modernize and simplify traditional PAM functions in SbPAM version 3.0

Next Generation PAM Solution Significantly Lowers Cost of Ownership, Improves Ease of Use

HAWTHORNE, N.J.–(BUSINESS WIRE)–Stealthbits Technologies, a cybersecurity software company focused on protecting an organization’s sensitive data and the credentials attackers use to steal that data, today announced the release of Stealthbits Privileged Activity Manager® (SbPAM) 3.0, their third-generation solution designed with a modernized and simplified approach to Privileged Access Management (PAM).

PAM software has been around for nearly 20 years. Many of today’s popular solutions have been built on decade old platforms, layering new functionality in increasingly complex ways. Organizations often realize the importance of properly managing and securing privilege access, but are locked into antiquated solutions with complex and expensive methods.

SbPAM 3.0 continues Stealthbits’ commitment to renovate and simplify PAM. The company approaches PAM from the perspective of the abundance of privileged activities that need to be performed, not a group of privileged admins needing accounts. SbPAM 3.0, available for download beginning October 6, 2020, simplifies PAM and offers a new take on traditional capabilities like Credential Management, Service Account Management and Session Monitoring:

Credential Management – Whether you have 10 or 100,000 systems, built-in accounts can be immediately and easily brought under management via a single click of a button. Through policy inheritance at the platform level, organizations no longer need to define and set accounts on a per-device basis.

Real-Time Service Account Management – To save time, SbPAM produces a list of dependent services and scheduled tasks for each Service Account, along with real-time updates on change status. If errors occur, users are immediately alerted and given the option to pause and roll-back any changes. No more waiting for service failures to understand the status.

Enhanced Live Session Monitoring – In addition to providing live session monitoring capabilities, SbPAM 3.0 also offers the ability to selectively lock and terminate sessions at three different levels, including current session, future sessions on the same resource, or globally, to prevent users from performing any unsanctioned activity.

“The PAM market is ripe for innovation and Stealthbits is continuing to redefine what customers should expect from their Privileged Access Management solution,” said Stealthbits CEO Jim Barkdoll. “Securing privileged access is crucial for security teams in this age of continual cyber-attacks, especially now that so many employees work from home. Stealthbits’ third-generation PAM delivers on our commitment to fill gaps in current PAM technologies, like lowering the cost of ownership, simplifying usability, and providing greater flexibility and choice.”

Stealthbits’ purpose-built solution offers a differentiated approach from more traditional PAM vendors:

Reduce Standing Privileges and Attack Surface – Traditional PAM vendors add to the standing privilege problem, creating multiple privileged accounts per single administrator. Stealthbits focuses on the privileged activity, not the account. Using approaches like ephemeral accounts and activity tokens, SbPAM creates and provisions temporary access to perform a task, then removes and destroys it when task is completed. Access and the account itself ONLY exist while the task is being performed.

Password Vault Options – Nearly all PAM vendors require use of THEIR vault, making switching difficult and expensive. Stealthbits provides vault options: Bring Your Own Vault™ (we’ll integrate with any 3rd party), use ours, or perform vault-less operations… your choice.

Built-in access certification / attestation – All organizations need to check/certify access rights and privileged access is most critical. No one likes big spreadsheets that get passed around with endless rows of system access for review. Stealthbits makes approving your most critical access convenient and less time consuming by enabling electronic workflow and approval directly from the console.

Reduced Total Cost of Ownership – Most PAM vendors charge for high availability, additional databases, proxies, and more including multiple add-on modules. The result is a solution that costs significantly more than anticipated and switching costs prohibit a change. Stealthbits includes everything… no expansion costs for databases, appliances, networking, and add-on modules.

“We looked at several PAM products, many having been around for a number of years, but they often fall very short when it comes to admins and the accounts they use to get access to systems,” admits Craig Larsen, IS Administrator, Eastern Carver County Schools. “What was so intriguing about SbPAM is that we can truly manage the access to our systems to the level of least privilege. The concept of temporary elevation, or just-in-time access, make so much sense as the admin is granted access on the fly and access is removed when no longer needed.”

About Stealthbits Technologies

IDENTIFY THREATS. SECURE DATA. REDUCE RISK.

Stealthbits Technologies, Inc. is a customer-driven cybersecurity software company focused on protecting an organization’s sensitive data and the credentials attackers use to steal that data. By removing inappropriate data access, enforcing security policy, and detecting advanced threats, our highly innovative and infinitely flexible platform delivers real protection that reduces security risk, fulfills compliance requirements, and decreases operational expense.

For more information, visit www.stealthbits.com, email sales@stealthbits.com, or call +1-201-447-9300.

The Stealthbits logo and all other Stealthbits product or service names and slogans are registered trademarks or trademarks of Stealthbits Technologies, Inc. All other trademarks and registered trademarks are property of their respective owners.

Contacts

Media Contact:

Dan Chmielewski

Madison Alexander PR

Office: +1 714-832-8716

Mobile: +1 949-231-2965

dchm@madisonalexanderpr.com

, , {item content}, September 29, 2020

Categories
Business

Comcast and REVOLT sign agreement to expand the network’s availability to millions more viewers in over 30 markets

Companies Also Commit to Create Programs Supporting Black Content Creators and Cultural Content

PHILADELPHIA & HOLLYWOOD, Calif.–(BUSINESS WIRE)–Comcast and REVOLT, the unapologetically Hip Hop content platform from Sean “Diddy” Combs dedicated to the creators of this generation, have reached an agreement to significantly expand its availability to Xfinity TV customers across the country in new and existing markets.


On September 29, REVOLT will be added in HD to the Xfinity Digital Starter package in Philadelphia, Northern New Jersey, Orlando, West Palm Beach, Ft. Myers, Jacksonville, Tampa, Knoxville, Indianapolis, Charleston, and Augusta, making the network available to millions more Xfinity customers. Additionally, in markets where REVOLT has been available in standard definition as part of the Xfinity Digital Premier package, the network will be moved to Digital Starter in HD, beginning September 29.

“REVOLT exists to tell our stories and empower our community,” said Sean “Diddy” Combs, Chairman, REVOLT Media & TV. “As one of very few Black-owned media platforms, it is important that we can reach our audiences wherever they are. We are excited to continue to grow with Comcast and deliver our content to millions of additional homes.”

“Comcast was one of the first television distributors to carry REVOLT to millions of its customers when it launched in 2013, and we are very pleased to bring its creative music- and social justice-focused content to even more Xfinity TV customers across the country,” said Dana Strong, President, Xfinity Consumer Services.

As part of the new agreement, the companies will collaborate to create impactful cultural content. The first program, “Black Voices on Mute,” will feature original content that bridges the past with the present to illuminate the importance of voting and the history of voter suppression in the Black community. This short form content will amplify narratives around social justice, empowerment, and voter turnout leading up to the November 3rd national election.

This original content will also be featured in Black Voices. Black Stories, a specially curated content collection on Xfinity X1, Stream and Flex featuring a wide variety of movies, documentaries, TV series and more. Designed to educate and drive awareness, the collection of curated content specifically reflects the country’s long history of racial discrimination and injustice along with bold movies and specials featuring some of the most recent efforts by the Black community to attain social justice and create inclusive movements towards equality.

“There is no better time than now to amplify Black stories and content, and we are excited to bring new programming from REVOLT to our platform and recently launched content collection, Black Voices. Black Stories,” said Keesha Boyd, Executive Director, Multicultural Video & Entertainment, Xfinity Consumer Services.

The broader relationship with Comcast also comes on the heels of REVOLT’s expanded commitment to social justice. In the past few months, the network aired a live and urgent town hall, “State of Emergency,” hosted by Combs, with notable guests exposing the disproportionate impact that COVID-19 has had on Black communities; partnered with NAACP, Sankofa, March for Our Lives, and Hip-Hop Week MKE for notable social justice livestream events; and launched “REVOLT Black News” a weekly news show hosted by Eboni K. Williams that presents an unfiltered conversation about current events with the leaders of Black culture, including artists, activists, politicians, experts, and more. REVOLT has remained steadfast as an unfiltered platform and home for content by artists including its recently launched “The Fat Joe Show” and Guapdad 4000’s “The Valentino Vlog,” as well as “The Breakfast Club,” “Drink Champs: Happy Hour,” and series partnerships like “Anatomy of…” and “What’s Good Africa.”

With just weeks until the November election, REVOLT will air its second “State of Emergency” virtual town hall on Thursday, September 24th at 9pm EDT/6pm PDT with confirmed guests Dr. Cornel West, Kerry Washington, Tamika Mallory, Jeff Johnson, Cordae, Vic Mensa and others in a Vote or Die discussion.

About Comcast Corporation

Comcast Corporation (Nasdaq:CMCSA) is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Comcast Cable is one of the United States’ largest high-speed internet, video, and phone providers to residential customers under the Xfinity brand, and also provides these services to businesses. It also provides wireless and security and automation services to residential customers under the Xfinity brand. NBCUniversal is global and operates News entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures, and Universal Parks and Resorts. Sky is one of Europe’s leading media and entertainment companies, connecting customers to a broad range of video content through its pay television services. It also provides communications services, including residential high-speed internet, phone, and wireless services. Sky operates the Sky News broadcast network and sports and entertainment networks, produces original content, and has exclusive content rights. Visit www.comcastcorporation.com for more information.

About REVOLT TV:

REVOLT is unapologetically Hip Hop, leading and living Hip Hop culture. REVOLT is the voice of the culture across platforms, engaging Millennial and Gen Z audiences, on REVOLT.tv, across social, TV and live events, through original and live content. Attracting over 50 million young people, REVOLT is accessible 24/7 on digital, TV and on demand. Founded by Sean “Diddy” Combs, REVOLT launched in broadcast in October 2013 and is available on AT&T DirecTV platforms, Charter Spectrum, Comcast Xfinity, Verizon FiOS, CenturyLink, Altice/Suddenlink, Frontier Communications, Comporium and Cincinnati Bell, Atlantic Broadband, Mediacom, Hotwire, as well as OTT platforms AT&TV Now, Sling TV, Fubo TV and Philo TV. REVOLT is also available internationally in the Bahamas, Cayman Islands, Canada, Jamaica, Barbados, Nevis, Anguilla, Monserrat, Bermuda, Aruba, St. Maarten’s, Trinidad and the U.S.V.I. Check local listings at https://revolt.tv/listings.

Contacts

Jenni Moyer

Comcast Corporation

610-506-8951

jenni_moyer@comcast.com

Angela B. Turner

REVOLT Media & TV

323-493-2935

abturner@revolt.tv

Categories
Business

P360 adds advanced Artificial Intelligence capabilities to its sales enablement platform BirdzAI

Life sciences commercial organizations can now forecast sales, predict churn, analyze brand propensity and launch new products with BirdzAI

PISCATAWAY TOWNSHIP, N.J.–(BUSINESS WIRE)–#AI—P360, a leading developer of technology for life sciences companies, today announced major updates to its sales enablement platform BirdzAI. The BirdzAI platform now includes advanced Artificial Intelligence (AI) capabilities that enable real-time decision-making for sales organizations by providing deep insights derived from a wide variety of proprietary and tertiary datasets. Key features include sales forecasting, churn prediction, brand propensity analysis, next best action insights and more.


“By adding advanced artificial intelligence capabilities to our BirdzAI platform, we are helping life sciences companies eliminate the guesswork often associated with sales operations,” stated P360 CEO and Founder Anupam Nandwana. “For example, BirdzAI’s churn forecasting capabilities puts predictive forecasting for physician prescriptions directly in the hands of company representatives. Sales teams are able to see in real-time which brands a specific physician is prescribing, and which ones they might be stepping away from.”

BirdzAI, which is backed by P360’s robust Data360 commercial data hub, enables life sciences companies to manage their business processes and data from a single platform, eliminating manual work and operational delays. With BirdzAI remote teams are also able to share data with the enterprise without delay, no matter where they might be.

The BirdzAI platform also offers unique functionality for companies launching new drugs into the marketplace. Key features and tested processes include customer alignment, customer master data management, territory planning and sizing, call planning, incentive compensation strategy and payout, roster management and field and management reporting.

“Our data is as expansive as it is valuable, so we are always looking for new ways to leverage it more efficiently and effectively, said Greg Daly, Senior Analyst, Sales Operations at Osmotica Pharmaceuticals. “Partnering with P360 has allowed us to do just that. Their Machine Learning Models put our data to work for us, allowing us to spend more time applying the insights that our data contains, and less time finding them.”

BirdzAI is built on Microsoft Azure and is compatible with existing commercial infrastructure and integrates seamlessly with leading CRM and ERP systems.

Delivering a 360 view through the pharma, physician and patient ecosystem, P360 designs and deploys capabilities that ensure the highest efficiencies and returns on sales operations, data management, clinical trials, patient centricity, and IoT innovation. With expertise in supporting commercial operations for companies of all sizes, P360 has built an industry-leading platform that gives customers ownership of their data and the ability to leverage artificial intelligence and machine learning capabilities.

Earlier this year, P360 launched their industry first IoT Product Swittons for physician remote engagement. In addition, P360 CEO Anupam Nandwana was recently named to the PharmaVoice 100, which recognize the most inspirational, motivational and transformational individuals throughout the life-sciences industry. To learn more about P360, visit P360.com.

About P360

Based in Piscataway Township, New Jersey, P360 is a leading developer of technology for the life sciences industry. Product offerings include BirdzAI, PatientJourney360, Data360, Trials360 and Swittons. To learn more about P360, visit P360.com.

Contacts

Brian Fitzgerald

Brian.Fitzgerald@P360.com
808-754-0437