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Magnolia Bank Launches LiaFi: A Fintech Solution Built to Empower America’s Small Business Owners

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New interest-bearing account platform gives small and mid-sized businesses a smarter way to manage cash reserves without sacrificing liquidity

ELIZABETHTOWN, Ky., May 7, 2025 /PRNewswire-PRWeb/ — Magnolia Bank, a community-driven financial institution with over a century of service, proudly announces the launch of LiaFi, a fintech platform designed to support small and medium-sized businesses (SMBs) earn interest on their business account and provide a unique tool to improve cash flow stability —all without disrupting how they bank today.

Business owners are the heartbeat of our economy. LiaFi is our way of saying: you deserve more. You deserve a solution that respects your need for liquidity and your right to grow your money. – Deena London, CEO of Magnolia Bank.

LiaFi was created with a simple yet powerful purpose: to give business owners a better way to manage and earn income on their cash. Too often, SMBs have cash in non-interest-bearing checking accounts. LiaFi provides an interest earning business account enabling business owners to earn interest income until needed, similar to large corporations. LiaFi makes it easy to transfer money—short or long term—into an interest-bearing account insured by the FDIC through Magnolia Bank, and no need to switch banks.

“Business owners are the heartbeat of our economy,” said Deena London, CEO of Magnolia Bank. “They work tirelessly to support their communities and keep people employed. The financial system hasn’t always worked in their favor. LiaFi is our way of saying: you deserve more. You deserve a solution that respects your need for liquidity and your right to grow your money.”

LiaFi seamlessly integrates with a business’s existing bank accounts, allowing owners to move funds in and out when needed—while those funds earn higher-yielding interest. It is simple, transparent, and built for the way small businesses should be treated, just like big businesses.

LiaFi’s technology is digitally native. The technology underpinning LiaFi is built with best-in-class tools, focusing on the safety and soundness of small business owners. During its development, considerable time was spent talking to business owners regarding fraud prevention and security.

“This isn’t just a product—it’s a mission,” said Bruce Hrovat, President and CEO of LiaFi. “Our team has spent significant time talking to small business owners. They wear multiple hats. Most do not have CFO’s or fractional CFO’s for advice. They work incredibly hard to manage expenses. Thus, why not provide them interest income on money they already have. Plus, they have access to a simple cash flow score so they can, with a click of a button, track the stability of their cash. We started LiaFi to give entrepreneurs more interest and more insight with their cash.”

Business owners can open an account or learn more by visiting liafi.co.

About Magnolia Bank

Magnolia Bank is a Kentucky-based community bank founded in 1919, committed to providing personal, relationship-driven service across all areas of finance. With deep roots in its community and a forward-thinking approach to banking, Magnolia has remained focused on empowering individuals, families, and businesses through trust, integrity, and innovation. Learn more at magnoliabank.com.

About LiaFi

Now open to small business customers, LiaFi is a fintech solution from Magnolia Bank. Its mission is to support small and mid-sized businesses with world-class technology and human caring. LiaFi believes that today’s technologies enable small businesses access to large business style interest income and cash flow tools. Thus, LiaFi provides significant interest on cash without disrupting existing banking setups.

LiaFi’s Team works remotely. However, for team collaborations, we use Magnolia Bank offices in Kentucky. With no maintenance fees, no minimum balance requirements, and instant access to funds, LiaFi makes it easy for business owners to put their cash to work. Learn more and open an account at liafi.co.

Media Contact

Roxanne Alaniz, Alaniz Marketing, LiaFi, 1 4158925252, roxanne@alanizmarketing.com, https://liafi.co

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Greenzie releases 2025 Annual Safety Report, documenting multi-year safety performance at commercial scale

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The data shows zero lost-time injuries, zero OSHA medical attentions and zero human near-misses across real-world operation

ATLANTA, April 23, 2026 /PRNewswire/ — Greenzie, the technology platform powering commercial autonomy across multiple OEMs, today shared multi-year safety data from real-world commercial operation, documenting more than 150,000 autonomous miles with zero lost-time injuries, zero OSHA medical attentions and zero human near-misses. The data is published in Greenzie’s 2025 Annual Safety Report, available at greenzie.com/safety.

The report is based on extensive operational data spanning more than 5.4 billion square feet of turf mowed, 68,000+ hours of autonomous mowing and more than 50,000 operator days, the equivalent of 265 mowing seasons.

“Greenzie is helping define safety in autonomous landscape operations, and transparency is a critical part of that,” said Steve Bush, chief operating officer of Greenzie. “These results show that commercial autonomy is operating safely at meaningful scale in the field. Transparency matters because as this category matures, real-world data helps build confidence in what responsible deployment looks like.”

The report’s findings are particularly significant in the context of the U.S. landscaping industry, which employs roughly 1.3 million workers and experiences a higher-than-average rate of workplace accidents compared to other fields. Greenzie’s multi-year operating data shows that autonomy is not theoretical; it is already being deployed consistently and performing safely at scale.

“Greenzie Powered Autonomy™ has been validated through years of sustained use in the field,” Bush said. “That level of real-world performance reinforces both the reliability of our platform and the broader readiness of commercial autonomy.”

Greenzie attributes this performance to a disciplined safety approach that includes robust perception, tested operating standards and continuous validation in real-world commercial environments.

For more information about Greenzie, visit greenzie.com.

About Greenzie

Founded in 2018, Greenzie is the technology platform powering commercial autonomy. Created to solve the landscape industry’s labor and productivity challenges, Greenzie works with leading equipment manufacturers to deliver the software, navigation and safety systems that enable mowing and other outdoor power equipment to operate autonomously in real-world commercial environments. Today, Greenzie’s platform is running on hundreds of machines in active use, helping manufacturers bring autonomy to market and allowing operators to get more done with limited labor—moving autonomy from early experimentation to everyday operations. For more information, visit greenzie.com.

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CGI renews global SAP S/4HANA operations and SAP BTP operations certifications, reinforcing its consistent, quality delivery at scale

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Stock Market Symbols
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GIB (NYSE)
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MONTRÉAL, April 23, 2026 /CNW/ – CGI (NYSE: GIB) (TSX: GIB.A), one of the largest independent IT and business consulting services firms in the world, announced that it has achieved the following recertifications for its global operation capabilities:

SAP S/4HANA operations and works with RISE with SAP SAP BTP operations and works with RISE with SAP

These recertifications highlight CGI’s ability to deliver consistent, high-quality managed SAP services and operations across regions, including services aligned with RISE with SAP. CGI’s SAP-based services help clients reduce operational risk, improve performance and efficiency and scale transformation with greater predictability. This also builds on CGI’s SAP alliance relationship momentum, including its recent AWS SAP Competency Partner status which highlights CGI’s expertise in modernizing mission-critical SAP workloads with AI-enabled cloud solutions.

“Running SAP at enterprise scale requires a partner with proven capabilities, delivery discipline and the ability to innovate securely, including through the integration of AI to deliver tangible outcomes,” said Didier Thérond, President, CGI France operations, and Global Executive Sponsor for CGI’s partnership with SAP. “These global recertifications reinforce CGI’s end-to-end SAP capabilities, including AI-enabled services, helping clients operate mission-critical systems with confidence and advance their modernization and cloud strategies.”

“CGI remains a trusted partner in our SAP Operations Partner program, consistently demonstrating a structured and disciplined approach to certification,” said Rudolf Scheipers, VP, Head of SAP Operations Partner Certification, SAP Partner Innovation Lifecycle Services. “These recertifications highlight the company’s mature operating model and commitment to the high standards we expect globally, ensuring clients running SAP environments can rely on consistent, secure, and efficient operations.”

CGI’s global alliance strategy features partnerships with more than 150 technology companies and supports its local relationship model complemented by a global delivery network. Through its SAP alliance, CGI helps organizations accelerate innovation, deploy and manage SAP solutions globally, and deliver industry-specific business outcomes with rapid, scalable, and AI-enabled cloud and ERP services.

About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2025 reported revenue is CA$15.91 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

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SOURCE CGI Inc.

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Scholastic Corporation Announces Final Results of Modified Dutch Auction Tender Offer

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NEW YORK, April 23, 2026 /PRNewswire/ — Scholastic Corporation (the “Company” or “Scholastic”) (Nasdaq: SCHL), the global children’s publishing, education and media company, today announced the final results of its “modified Dutch Auction” tender offer for shares of its common stock, which expired at 5:00 p.m., New York City time, on April 20, 2026.

Based on the final count by Computershare Trust Company, N.A., the depositary for the tender offer, a total of 2,834,018 shares of Scholastic’s common stock, par value $0.01 per share (each share of Scholastic’s common stock, a “Share,” and collectively, “Shares”), were properly tendered and not properly withdrawn at or below the purchase price of $40.00 per Share, including 989,343 Shares that were tendered by notice of guaranteed delivery.

Scholastic has accepted for purchase a total of 2,834,018 Shares through the tender offer at a price of $40.00 per Share, for an aggregate cost of $113,360,720.00, excluding fees and expenses relating to the tender offer.  The total of 2,834,018 Shares that Scholastic has accepted for purchase represents approximately 13.7% of the total number of Shares outstanding as of April 19,  2026.

J.P. Morgan Securities LLC served as the dealer manager for the tender offer. Georgeson LLC served as the information agent. Holders of common stock who have questions or need information about the tender offer may call Georgeson LLC at (866) 539-9980 (toll free). Banks and brokers may call Georgeson at (866) 539-9980 or J.P. Morgan Securities LLC at (877) 371-5947 (toll free).

About Scholastic 

For more than 100 years, Scholastic Corporation (Nasdaq: SCHL) has been meeting children where they are – at school, at home and in their communities – by creating quality content and experiences, all beginning with literacy. Scholastic delivers stories, characters, and learning moments that empower all kids to become lifelong readers and learners through bestselling children’s books, literacy- and knowledge-building resources for schools including classroom magazines, and award-winning, entertaining children’s media. As the world’s largest publisher and distributor of children’s books through school-based book clubs and book fairs, classroom libraries, school and public libraries, retail, and online, and with a global reach into more than 135 countries, Scholastic encourages the personal and intellectual growth of all children, while nurturing a lifelong relationship with reading, themselves, and the world around them. Learn more at www.scholastic.com.

Forward-Looking Statements

This news release contains certain forward-looking statements. Such forward-looking statements are subject to various risks and uncertainties, including the conditions of the children’s book and educational materials markets generally and acceptance of the Company’s products within those markets, and other risks and factors identified from time to time in the Company’s filings with the Securities and Exchange Commission. Actual results could differ materially from those currently anticipated.

SCHL: Financial

 

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SOURCE Scholastic Corporation

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