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MidWest America FCU chooses to move to connected lending with Algebrik AI to win next-generation members

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Brings together PoS, LOS, Decisioning, and Analytics to better serve their communities & employees by removing friction, improving efficiencies & meeting the members where they are. 

NEW YORK, June 29, 2026 /PRNewswire/ — Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City and pioneering the world’s first cloud-native, AI-powered, digital-era Loan Origination Suite (LOS), today announced that MidWest America Federal Credit Union, a member-owned financial institution serving more than 51,000 members with approximately $1 billion in assets, has selected Algebrik One, end-to-end lending platform to unify point of sale, loan origination, decisioning, and portfolio analytics into a single connected lending experience.

The announcement reflects a broader shift underway across the credit union industry. As institutions navigate rising cost of funds, tighter margins, and growing member expectations for faster, more seamless borrowing experiences, lending performance is increasingly determined not by access to capital, but by the ability to execute consistently across the entire lending lifecycle.

Rather than optimizing individual steps, MidWest America chose Algebrik’s cloud-native, AI-powered platform to connect omnichannel Point of Sale (PoS), Loan Origination System (LOS), Decisioning Engine, and Portfolio Analytics into a single operational flow, reducing handoffs, improving consistency, and enabling faster, more predictable lending outcomes.

For MidWest America, the focus was not incremental improvement. It was greater control and the ability to cater to their members seamlessly.

“We were not looking to digitize what we already had. We were looking to remove the friction in how lending gets done,” said Shad Edwards, Chief Lending Officer at Midwest America FCU. “Our teams spend too much time navigating processes instead of serving members. If we can make lending more efficient, consistent, faster, and easier to execute, that directly translates into better member outcomes.”

From workflow automation to lending execution

Most digital lending journeys today do not fail because of lack of demand. They fail because of what happens after an application begins.

Across credit unions, 60 to 70 percent of applications are abandoned mid-flow, often after borrowers have already shared key information. At the same time, loan officers continue to spend hours each day navigating systems, validating data, and moving applications across stages before a decision can be made.

As volumes increase and margins tighten, that model becomes harder to sustain.

In most environments, origination and decisioning operate as separate layers. Applications are captured in one system, evaluated in another, and reviewed across multiple touchpoints. Each handoff introduces delay, inconsistency, and dependence on manual coordination.

MidWest America’s approach is to bring these layers together.

With Algebrik, borrower journeys across point-of-sale, loan origination, decisioning, and analytics operate as a connected flow. As an application progresses, the system captures inputs, validates information, determines eligibility in real time, and routes only exceptions for review.

What changes is not just how quickly a decision is made, but how consistently the entire journey is executed-from application to funding.

Why this matters now

Credit unions are not short on demand. They are operating in a more complex lending environment than they have in years.

MidWest America’s move reflects that shift.

“Credit unions today are not struggling because they lack demand. They are constrained by how lending gets executed internally,” said Pankaj Jain, Founder & CEO of Algebrik AI. “MidWest America approached this as an operating model decision. They wanted lending to be faster, yes, but more importantly, predictable and scalable without adding complexity.”

“We were not looking to digitize what we already had. We were looking to remove the variability in how lending gets done,” said David Shadburne, CEO of Midwest America FCU. “If we can make outcomes more consistent and reduce the back-and-forth in the process, that directly improves both member experience and how our teams operate day to day.”

What this enables for MidWest America FCU

With Algebrik AI, MidWest America aims to:

Deliver faster, more consistent lending experiences across all channelsReduce dependency on manual reviews and process navigationEnable loan officers to focus on complex, high-value member interactionsImprove approval speed, funding timelines, and overall operational efficiencyStrengthen compliance through embedded decisioning logic and audit-ready workflows

As credit unions look to modernize lending without adding operational complexity, platforms that connect origination, decisioning, and execution into a single flow are becoming critical.

To learn how Algebrik AI enables this shift, visit www.algebrik.ai or connect with the Algebrik team.

Follow Algebrik AI on LinkedIn: https://www.linkedin.com/company/algebrik-ai
Chat with the Algebrik AI team: letschat@algebrik.com

About Algebrik AI

Algebrik AI, headquartered in New York City, is the company behind Algebrik One: the world’s first cloud-native, AI-powered, digital-era Loan Origination Suite (LOS), designed for the next generation of members. In an industry that hasn’t seen significant innovation in lending technology in over 25 years, it was high time someone stepped in to help credit unions of all sizes regain their former glory.

Algebrik AI’s mission is to empower credit unions to attract, engage, grow, and retain next-gen members in today’s digital era while delivering faster credit, deeper insight, and more human lending experiences. With Algebrik One, an end-to-end lending suite that includes Digital Account Opening, Lender’s Cockpit (LOS), Omni-channel Point of Sale (PoS), Decision Engine, and Portfolio Analytics, we take on the heavy lifting; so credit unions can focus on helping the members and communities they serve. For more information, visit www.algebrik.ai

Media Contacts:
Prateek Samantaray
CMO
letschat@algebrik.com

About MidWest America Federal Credit Union

MidWest America Federal Credit Union is a member-owned financial cooperative headquartered in Fort Wayne, Indiana, serving more than 51,000 members with around $1Bn in assets.

Founded in 1936, the credit union has grown from its origins serving General Electric employees to a full-service institution offering a wide range of consumer financial products, including auto, personal, mortgage, and home equity lending.

Today, MidWest America operates a network of full-service branches and is guided by the credit union philosophy of “people helping people,” with a continued focus on delivering accessible financial services and supporting the communities it serves.

View original content to download multimedia:https://www.prnewswire.com/news-releases/midwest-america-fcu-chooses-to-move-to-connected-lending-with-algebrik-ai-to-win-next-generation-members-302813097.html

SOURCE Algebrik

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ThreatLocker Highlights Key Cyber Threat Activity and Research from August 2026

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Recap includes AI agent security, ClickFix attacks, exposed infrastructure, zero-day research, and company momentum

ORLANDO, Fla., Sept. 3, 2026 /PRNewswire/ — ThreatLocker today released highlights of the company’s cybersecurity research and company news from August.

“Everyone was talking about AI in August, but the incidents we analyzed reinforced that most security problems still follow familiar paths,” said Danny Jenkins, CEO & Co-founder of ThreatLocker. “The attacks we looked at were caused by trusted access, regardless of whether AI was involved.”

Basic Controls Are Still Most Important

The month’s incidents showed why basic cybersecurity controls cannot be treated as a secondary problem to AI. Attacks targeting water systems showed how exposed infrastructure default credentials still create serious risk.

ThreatLocker also examined why ClickFix is so effective against security-aware users. ClickFix does not just rely on a user trusting the wrong prompt. It also depends on trusted system tools, including PowerShell and Command Prompt, being allowed to execute commands or reach the internet without enough restriction.

ThreatLocker MDR intercepted ACR Stealer delivered by ClickFix, showing how the social engineering technique can be used to deliver credential-stealing malware. The incident highlighted the need to limit what can execute and what it can reach if a user is tricked.

The company also published guidance on why cybersecurity strategy is shifting from threat detection to threat containment, as well as how to build cyber resilience that survives a compromise.

AI Security Still Requires Trust Boundaries

AI was still an important part of the August cybersecurity story, but not because it replaced traditional security concerns. The issue was how much access AI tools and agents receive once they are added to business environments, and what they are allowed to do with that access.

ThreatLocker’s research examined the security problems created by AI tools and agents, including how the Cursor AI hack highlights AI shortcomings, what happens when an AI agent can access secrets, and how indirect prompt injection can manipulate AI agents through untrusted data.

The company also explored what permissions autonomous AI agents should have, and the difference between excessive agency and least agency. The common question across those pieces was not whether organizations should use AI, but how to put boundaries around what AI tools can access, execute, and change.

AI security was a major focus at Black Hat and DEF CON in Las Vegas, where ThreatLocker participated in discussions about AI-driven cyber risk, workplace AI tools, and the changing role of defenders. At Black Hat, Jenkins delivered a mainstage session, “Defending against hidden risks of AI tools in the workplace,” focused on how AI tools can bypass controls and introduce new attack surfaces. Jenkins also joined Lead Cybersecurity Engineer Kieran Human for the breakout session, “Red teamer or AI-powered attacker? Generating, evading, and delivering malware with AI,” which demonstrated AI malware creation and exploit detection.

Exploits and Exposed Systems

ThreatLocker tracked new exploit activity and risks involving trusted tools throughout August.

The company analyzed ShieldBreak, a proof-of-concept exploit from NightmareEclipse that targets the same weakness as RoguePlanet. The company’s threat intelligence team also examined the N-able N-central vulnerability, which showed how vulnerable remote monitoring can give attackers access if left exposed.

ThreatLocker further published research on WiFi Pineapple hacking, and supply chain security lessons and best practices.

Industry Engagement and Company Momentum

ThreatLocker leaders participated in industry conversations throughout August on AI agents, phishing, session hijacking, and why foundational controls still matter most as attack techniques become more convincing.

ThreatLocker also announced a $190 million Series F funding round to support product innovation and global expansion. As part of that growth, the company announced plans to open a new office in Reading, U.K.

About ThreatLocker

ThreatLocker is a global cybersecurity leader that stops cyberattacks before they happen. The company’s Zero Trust Platform prevents breaches from both known and unknown threats by allowing only explicitly trusted software and activity across endpoints, networks, and cloud systems. Built to deploy quickly and scale across complex environments, the platform reduces operational overhead while keeping business running uninterrupted. Headquartered in Orlando, Florida, with offices in Dublin, Dubai, and Brisbane, ThreatLocker protects over 70,000 organizations worldwide.

Contact: press@threatlocker.com, 321-515-3813

View original content to download multimedia:https://www.prnewswire.com/news-releases/threatlocker-highlights-key-cyber-threat-activity-and-research-from-august-2026-302869364.html

SOURCE ThreatLocker, Inc.

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APX Lending Launches Five-Year Bitcoin and Ethereum-Backed Line of Credit, Closing the Gap Between Digital Assets & Traditional Finance

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Canada’s first regulated digital-asset-backed lender launches a five-year revolving facility that lets clients borrow against Bitcoin, Ethereum or both, with no origination, prepayment or liquidation fees and up to $250 million in collateral insurance coverage.

TORONTO, Sept. 3, 2026 /PRNewswire/ — For more than a decade, digital assets have promised to become part of everyday finance. But delivering on that promise requires more than innovation alone. It requires financial infrastructure people can trust and use. APX Lending (“APX”) has spent years building the regulated credit products and systems needed to make that possible. The launch of the APX Line of Credit is the latest step toward that goal.

Built for Real-World Financial Needs

APX clients have already used digital-asset-backed loans to finance businesses, pay down high-interest debt, put money toward mortgages and meet other real-world financial needs. The APX Line of Credit is designed for the reality that those needs often evolve over time, rather than arriving as a single transaction.

This new offering expands APX’s digital-asset credit platform, which now spans fixed-term lending, revolving credit and Lending-as-a-Service.

How the Line of Credit Works

The five-year revolving facility lets clients borrow against Bitcoin, Ethereum or both, repay principal when they choose and redraw available credit as their needs change.

Borrowers establish the facility once rather than applying for a new loan each time they need liquidity. Interest accrues only on the amount drawn, with no interest charged on unused capacity and no fees for repaying drawn funds.

Annual rates range from 10.49% to 11.99%, depending on the outstanding balance, and there are no origination, prepayment or liquidation fees.

“At APX, we’re constantly asking how credit against digital assets can be made safer, more flexible and better for the borrower,” said Andrei Poliakov, Founder and CEO of APX Lending. “A revolving line of credit is something our clients have asked us for repeatedly. You may need money for a purchase today, an investment three months from now and a business expense later in the year. You shouldn’t have to start a new loan every time. We built the Line of Credit so you establish the facility once, then draw, repay and redraw as your needs change.”

Bitcoin and Ethereum, Together

Unlike APX‘s fixed-term loans, which are collateralized by either BTC or ETH, the Line of Credit can use both assets together to calculate borrowing capacity.

For example, a client holding $200,000 of Bitcoin and $100,000 of Ethereum can use the combined $300,000 value to support a single line of credit. At 60% LTV, that collateral could provide up to $180,000 of borrowing capacity.

Available credit changes dynamically based on the current market value of the collateral and the amount already drawn. As collateral values rise or fall, borrowing capacity adjusts with them.

Built on Years of Infrastructure, Not Just a New Feature

Putting “line of credit” on a product page is easy. Making it hold up for a volatile asset class, at scale, with real money on the line, is a different problem entirely. It is a problem APX has spent years building the fundamentals to solve.

From choosing to operate within a regulated framework when much of the digital-asset lending market did not, to building the systems that now power APX products and third-party lending solutions, APX has developed the infrastructure needed to make digital assets more practical in everyday finance and safer to borrow against.

That infrastructure includes:

Regulatory framework: APX operates within a regulated framework built specifically for digital-asset-backed lending, with compliance processes supporting its lending activities across multiple jurisdictions. Institutional-grade custody and insurance: client collateral is held in segregated BitGo Trust cold-storage wallets, never rehypothecated and protected by insurance coverage of up to $250 million. On-chain transparency: clients can independently verify their collateral on-chain 24/7 through the APX platform. Automated collateral and risk management: APX continuously monitors digital-asset prices and loan LTVs, with systems built to manage margin notifications and partial liquidations as market conditions change. That includes APX’s 90/85 Standard, which liquidates only enough collateral to reduce LTV from 90% to 85%, preserving as much of the client’s digital-asset holdings as possible. Security and operational controls: APX’s security program includes SOC 2-audited controls designed to support the systems, processes and safeguards required to operate digital-asset lending infrastructure reliably and at scale.

That same foundation powers APX’s global Lending-as-a-Service offering, enabling financial institutions and fintechs to offer APX-powered digital-asset lending products to their own clients without building the infrastructure from scratch.

Bringing Digital Assets and Traditional Finance Together

The digital-asset industry has given both clients and traditional financial institutions plenty of reasons to be cautious. That caution has helped keep digital assets and traditional finance in separate worlds. APX’s mission is to bring those worlds closer together by building regulated digital-asset credit infrastructure around custody, transparency, compliance and risk management. The goal is simple: clients should be able to access liquidity against their digital assets without having to choose between the flexibility those assets offer and the standards they expect from traditional finance.

APX was the first digital-asset-backed lender approved by the Canadian securities regulators and is registered with both FINTRAC and FinCEN.

“Digital assets do not need to live in a separate corner of finance,” said Poliakov. “The people using them want the same things everyone else wants: access to financial products that give them greater freedom and control over their lives, confidence that their assets are safe, complete transparency into who they are dealing with, and a system they can rely on when they need it. We have spent years building APX around that idea, because trust is what ultimately brings these two worlds together.”

The APX Line of Credit is now available to eligible borrowers in supported jurisdictions at www.apxlending.com.

About APX Lending 
Founded in 2023, APX Lending is a regulated digital-asset credit infrastructure company providing crypto-backed loans directly to borrowers and powering partner-branded products through its Lending-as-a-Service platform. APX combines technology, underwriting, capital, collateral management, servicing and compliance to help partners launch embedded crypto-backed credit products. 

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SOURCE APX Lending

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In HelloNation, Hearing Expert Allison Liberio Highlights Early Signs of Hearing Loss Adults Should Not Ignore

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The article explains subtle symptoms and why early recognition supports better long-term auditory health.

SOUTHLAKE, Texas, Sept. 3, 2026 /PRNewswire/ — What are the early signs of hearing loss that adults should not ignore? A HelloNation article featuring Hearing Expert Allison Liberio of Family Hearing Practice in Southlake, Texas, explores how hearing loss in adults develops gradually and what signals may indicate a need for attention.

The HelloNation article explains that hearing loss in adults often begins slowly, making early symptoms easy to overlook. One of the most common early signs of hearing loss is frequently asking others to repeat themselves during everyday conversations. The article notes that when this happens consistently, even in quiet settings, it may reflect a developing issue rather than a simple distraction.

Another early indicator involves increasing the volume on televisions or radios. The article describes how this change often goes unnoticed by the individual but is recognized by others nearby. When volume levels feel comfortable to one person but too loud to others, it can signal a shift in auditory health.

Difficulty understanding conversations in noisy environments is also highlighted as a key warning sign. The article explains that many adults with early hearing loss can hear voices but struggle to understand what is being said, especially in restaurants, social gatherings, or busy workplaces. Speech may sound muffled or unclear when background noise competes for attention, making conversations harder to follow even when voices seem loud enough.

The article also notes behavioral changes that may develop over time. Some individuals begin avoiding social interactions without realizing that hearing challenges are the underlying cause. As conversations require more effort, withdrawal can happen gradually.

Phone conversations may also become more difficult. The article explains that without visual cues, such as facial expressions or lip movements, individuals with hearing loss in adults may struggle more to understand speech. Increased effort or frequent misunderstandings during calls can indicate a change in hearing ability.

Tinnitus is another condition discussed in the article. Described as ringing, buzzing, or hissing in the ears, tinnitus often appears alongside hearing changes. While not everyone with tinnitus has hearing loss, the article notes that persistent symptoms should be evaluated by an audiologist to better understand potential connections.

The article also explains how high-frequency hearing loss can affect clarity rather than volume. Individuals may hear that someone is speaking but struggle to distinguish certain consonant sounds, causing words to blend together in conversation. The article notes that this pattern is often mistaken for other mumbling, even though it may reflect underlying hearing changes.

Fatigue after conversations is another sign that may go unrecognized. The article describes how the brain works harder to process incomplete sound signals, which can lead to increased mental strain. Feeling unusually tired after meetings or social interactions may indicate that the auditory system is under pressure.

Risk factors are also addressed, with age identified as the most common contributor. However, the article emphasizes that noise-induced hearing loss, certain medications, and health conditions can affect individuals at many stages of life.

A hearing evaluation is presented as the most reliable way to assess these changes. The article explains that visiting an audiologist provides a clear understanding of hearing ability and helps guide next steps. In most cases, the process is straightforward and offers valuable insight into overall auditory health.

The article concludes by emphasizing that early recognition matters. Addressing the early signs of hearing loss can help preserve communication, maintain relationships, and support quality of life over time.

Early Signs of Hearing Loss Adults Should Not Ignore features insights from Allison Liberio, Hearing Experts of Southlake, Texas, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused digital publications and innovative “edvertising” approach, HelloNation delivers expert-driven, good-news content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/in-hellonation-hearing-expert-allison-liberio-highlights-early-signs-of-hearing-loss-adults-should-not-ignore-302869372.html

SOURCE HelloNation

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