Technology

LoanPro Bolsters Executive Team with Former Bank President to Lead Credit Sponsorship

Published

5 months ago

February 13, 2024

Jer Wood, former President of Hatch Bank, has joined the LoanPro executive team as the President of Credit Sponsorship, using his background in bank sponsorship to help reimagine how sponsor banks, fintechs, and credit platforms can work together.

SALT LAKE CITY, Feb. 13, 2024 /PRNewswire/ — LoanPro, the API-first, modern lending and credit platform, announced today that Jer Wood has joined their executive team as the President of Credit Sponsorship, launching an initiative to reinvent direct credit sponsorship partnerships for banks and their fintech partners.

Jer Wood will help transform bank-fintech partnerships with LoanPro’s credit sponsorship platform.

Jer brings twenty years of experience in banking, most recently as the President of Hatch Bank for six years, where he directed the transformation of the bank to a digital-first fintech sponsor bank. Jer has also held foundational leadership positions with several other sponsor banks, including Celtic Bank, Axos Bank, and others. In addition to fintech sponsorship, Jer has deep experience in the banking industry, including portfolio management, pricing, compliance, and wide-scale digital banking and digital transformation projects.

In 2024, sponsor banks are reevaluating the way in which they partner with fintechs. Early “connector” offerings promised a win-win for sponsor banks, fintechs, and end customers, but concerns have skyrocketed over compliance and visibility of data for sponsor banks. In 2023, there was a 139% increase in sponsor banks receiving formal enforcement actions. Furthermore, both the FDIC and CFPB have suggested increased focus on compliance for bank-fintech partnerships.

Over the past several months, industry experts such as Simon Taylor, Ron Shevlin, Jason Mikula, and others have emphasized a need to reinvent the sponsor bank and banking as a service model. We believe the future involves a much closer relationship and alignment between sponsor banks and fintechs. That way, sponsor banks can more closely monitor and ensure compliance. However, sponsor banks need to provide fintechs with a technology platform that also enables their fintech partners to be nimble and drive innovation. Jer has joined LoanPro to provide sponsor banks with this technology platform to balance compliance with innovation for credit programs that they launch with fintech partners.

LoanPro’s Co-Founder and CEO, Rhett Roberts, explained further how LoanPro provides the platform for sponsor banks and fintechs to succeed. “As we look at the financial industry, margins are decreasing substantially as the cost of capital continues to rise. This drives a stronger need for financial institutions to grow their non-interest income and many banks have entered the sponsor banking or banking as a service industry to do so. We’re confident that LoanPro’s modern credit platform provides both sponsor banks and fintechs with the platform to drive innovation while still maintaining full data visibility, compliance oversight, enterprise risk management, and more.”

“LoanPro’s credit sponsorship platform is focused on driving value for both sponsor banks and fintech partners,” Jer Wood stated. “For sponsor banks, the concerns with existing connector models are always the same: visibility, control, and compliance oversight. LoanPro’s platform addresses those concerns for sponsor banks while simultaneously providing fintech partners a bullet-proof, fully-customizable platform for servicing, collections, and payments of virtually any class of loans, lines of credit, and credit cards. And the real winners are the end customers, who are delighted with the user experience.”

For more information, visit Loanpro.io.

About LoanPro

LoanPro is the market-leading modern lending and credit platform enabling lenders to innovate quicker, driving account growth while optimizing operational efficiency. Today, 600+ lenders use LoanPro to holistically upgrade their borrower, agent, and back-office experiences. LoanPro’s mission of providing the platform to innovate the future of finance currently is enabled through its composable architecture, allowing lenders to enhance their origination, servicing, payments, collections, all built on the foundation of a modern lending core.

Media Contact: Spencer McWilliams, spencer.mcwilliams@loanpro.io, (918) 809-2208

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SOURCE LoanPro

Technology

MadApes Expands into Solana, Base, Blast, Polygon, Avax, and Matic to Boost Crypto Project Visibility and Engagement

Published

3 hours ago

July 27, 2024

MadApes Announces Strategic Expansion into Leading Blockchain Ecosystems

SAN DIEGO, July 27, 2024 /PRNewswire-PRWeb/ — MadApes, a prominent player in the blockchain industry, has unveiled its expansion into several key blockchain ecosystems including Solana, Base, Blast, Polygon, Avax, and Matic. This strategic move aims to significantly enhance visibility and engagement for cryptocurrency projects, solidifying MadApes’ presence across multiple platforms and offering robust support for diverse blockchain innovations.

Broadened Focus
MadApes has built a reputation for effective marketing campaigns and active community engagement. Recognizing the increasing significance of alternative blockchain platforms, the company aims to leverage its growing user base. By expanding its focus to multiple chains, MadApes intends to offer customized marketing solutions that enhance project visibility and foster community interaction across these newer ecosystems.

Leadership Statement
CEO of MadApes @theT1T4N highlighted the importance of innovation and responsiveness to market changes. @theT1T4N stated, “Our expansion into multiple blockchain ecosystems reflects our dedication to staying ahead in the fast-paced world of cryptocurrency marketing. By extending our services to projects on Solana, Base, Blast, Polygon, Avax, and Matic, we aim to provide comprehensive marketing solutions that support visibility and growth on diverse platforms.”

Industry Trends and Alignment
This strategic move aligns with broader industry trends toward blockchain interoperability and cross-chain compatibility. As projects increasingly seek to utilize the unique features of various networks, MadApes’ expansion positions it as a versatile partner capable of meeting these diverse needs. The company’s strategy not only addresses current market demands but also anticipates future developments in the multi-chain ecosystem.

Community and Philanthropy
MadApes has generously contributed to Emanem’s food donation drive, making it possible to reach more people in need. Through this joint effort, MadApes helps Emanem and aims to provide essential food supplies to individuals and families struggling with food insecurity.

Reception from the Community and Projects
The announcement has garnered positive responses from both existing and prospective projects. Many within the Solana, Base, Blast, Polygon, Avax, and Matic ecosystems have shown interest in leveraging MadApes’ expertise to boost their marketing efforts. This reception underscores the company’s reputation for adaptability and forward-thinking strategies.

Commitment to Excellence
As MadApes ventures into new blockchain ecosystems, it remains committed to maintaining the high standards of excellence and innovation that have characterized its marketing services. The company’s expanded focus is expected to have a significant influence in shaping the success of projects across diverse platforms.

Engage with MadApes
Crypto enthusiasts and project teams can stay informed and engaged through MadApes’ various channels:

Call Channel – https://t.me/mad_apes_callGambles Channel – https://t.me/mad_apes_gamblesCommunity Lounge – https://t.me/mad_apesTwitter – https://x.com/madapescall

Visit their website at http://www.madapes.net for more information.

MadApes’ expansion marks a significant development in the cryptocurrency marketing landscape, offering broader opportunities for project visibility and community engagement.

Media Contact

Rachel Harris, Rachel Harris Pulse Media, 949-749-5349, info@pulsemediapr.com

View original content:https://www.prweb.com/releases/madapes-expands-into-solana-base-blast-polygon-avax-and-matic-to-boost-crypto-project-visibility-and-engagement-302207527.html

SOURCE MadApes

Technology

InfoComm India 2024 -The Largest Edition of the Pro AV Exhibition to Date – Returns 3-5 September at Jio World Convention Centre (JWCC) Mumbai, India

Published

11 hours ago

July 26, 2024

MUMBAI, India, July 27, 2024 /PRNewswire/ — InfoComm India, India’s foremost professional audiovisual (Pro AV) exhibition, is set to return to Mumbai from 3-5 September 2024 at the Jio World Convention Centre (JWCC). This year, InfoComm India 2024 expands beyond Pavilions 1 to 3 at JWCC, incorporating Jasmine Hall (at Level 3) for an even larger showcase of innovative solutions. It will showcase over 250 brands from more than 10 countries, including 35 first-time exhibitors. InfoComm India 2024 will be held. Registration is now open for professionals and businesses looking to deepen their Pro AV expertise.

Visitors can discover a plethora of solutions ranging from the latest in digital signage, to intelligent video conference systems, from artificial intelligence (AI) in LED virtual production to naked eye 3D displays, smart classroom solutions, interactive immersive projection mapping and more catering to a wide range of sectors such as education, finance, live events, urban development & smart cities. The exhibition will showcase top-tier products and innovations from renowned global brands and emerging industry players, including AERO, BENQ, Crestron, Harman, QSYS, Barco, AET, Samsung, and PeopleLink, along with WACOM, DVSI, Neotouch, Yotech Infocom, Onfinity Technologies and 30 more who are exhibiting for the first time at InfoComm India

With an expanded show floor space at Jasmine Hall, visitors can look forward to even more innovators in the Pro AV and technology space including TOYO, 4 Squares Corporation, Altex, Black Box and Wah Lee to name a few. AVIXA will also be making its presence felt at Jasmine Hall with interactive and knowledge-packed seminars hosted at its booth throughout the three days.

The 2024 InfoComm India Summit will offer over 48 free-to-attend seminars across 14 specialized tracks led by over 50 industry leaders as speakers. A glimpse of the exciting lineup of sessions includes a kick-off overview “Navigating New Horizons: Insights and Innovations Shaping India’s Pro AV Landscape” led by David Labuskes, CTS, CAE, RCDD, Executive Director and CEO, AVIXA , ‘Live Events & Experiential Planning’ exploring Pro AV application for live events, as well as industry-focused sessions dedicated to smart cities, hospitality, and education sectors like “Future of Learning Spaces”, “Securing the Future: Cybersecurity Strategies, Economics, and Risk Management”, Digital Signage in the AI-age which explores real-world strategies using AI, VR, and digital platforms for immersive experiences.

“India’s digital transformation is truly inspiring,” said June Ko, Executive Director of InfoComm India. “We see a vibrant energy and a thirst for innovation across the country. InfoComm India 2024 is our way of bringing together the brilliant minds and passionate hearts that are shaping this new era of technology in India. We envision InfoComm India as the premier destination for the Pro AV community to exchange ideas, foster partnerships, and collectively drive the industry forward.”

Connection is at the heart of InfoComm India 2024. A host of networking opportunities are designed to connect attendees with industry experts, thought leaders, and peers. They include the Breakfast Networking Hour at Luminary Lounge (Jasmine Hall) on 2 and 3 September, 9.30am to 10.00am; Flashtrack seminars and networking events at AVIXA booth; daily New Technology and Products Show Floor Tours and more.

For full details on exhibitors, products, summit agenda, registration, and sponsorship opportunities, visit www.infocomm-india.com

To access more press information of InfoComm India 2024, please visit: Digital Press Office Kit

For more information, please contact:

Rest of the World

Angie Eng
Marketing Director

InfoCommAsiaPteLtd
angieeng@infocommasia.com

India

Sooraj Dhawan

Director

Falcon Exhibitions Pvt. Ltd.

sooraj@falconfirst.com

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Technology

Virtual Internet Announces Virtual 5GE

Published

12 hours ago

July 26, 2024

V5GE and V5G are the World’s Choice as Downloads and Users for Virtual 5G Express and Virtual 5G surge in response to sabotage of fiber-optic cables across France

V5GE usage increases 10,000% at Paris Olympics

#3 in Tools Downloads in France

SINGAPORE and SAN JOSE, Calif., July 26, 2024 /PRNewswire/ — Virtual Internet has announced Virtual 5G Express reached #3 in Tools Downloads in France, based on statistics from App Brain and Android on Google Play in July 2024. Virtual 5GE was also among the top Tools Apps released in the last 30 days.

Installations and Users for Virtual 5G Express and Virtual 5G surged in response to sabotage of fiber-optic cables across France. IT companies, such as cloud computing groups, were hit by the outages, which forced traffic to move to alternative routes over Wi-Fi, Cellular and Satellite Transmissions.

Virtual Internet announced that downloads and usage were especially high in Lille, Fance and Paris, France and London, England, the sites of attacks on the day of the opening ceremony of the 2024 Paris Summer Olympics, and the Eurostar TGV cancellations.

Users report that with both V5GE and V5G, they received broadband service. Users also noted their communications were secure and uninterrupted. Without V5GE and V5G, they experienced that service was unstable or absent.

V5GE and V5G were the World’s Choice.

About Virtual Internet Pte. Ltd.

Virtual Internet is an advanced technology company, incorporated in Singapore. Virtual Internet is building a new community of millions of users, connected through multiple networks. Virtual Internet has created and operates on its own Virtual 5G, Virtual 5GE Global Overlay Network, which allows millions of other applications and services to be delivered over 5G Mobile Broadband Speeds using existing Cellular Radio, Wi-Fi, and SATCOM networks.

Media Contact:
PR@adaranetworks.com

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SOURCE Virtual Internet Pte. Ltd.