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Protokol – A New Bridge to Harness the Power of Communication
London, United Kingdom–(Newsfile Corp. – February 3, 2022) – Protokol, a new bridge to harness the power of communication. Crypto has passed the stage of having to prove itself as an innovative and value-generating industry. The number of countries, celebrities, funds and Brands adopting and building their own blockchain or metaverse solidify this claim.
Figure 1: Protokol – A new bridge to harness the power of communication
Along with the usually expected criteria like market fit, innovation are all as true in other markets as they are in crypto, no other market has been able to capitalize on the power of communities until now.
However, the heightened influence of communities has also introduced certain worrisome developments.
Starting with influencers having immense power over projects they promote. Also, projects try to create relationships with these influencers, usually focusing on major big names and not regarding small voices with the same level of respect. This relationship has been rocky at best, as there is no set, transparent way neither for projects nor influencers to trust that they will get their just dues and the approach today is pretty much summed up with the phrase – “Unending communication vortex.” With many promises made from both sides leaving both parties and especially the project communities dissatisfied.
The solution
After seeing this situation unfold, Ryan and Atif, the founders of Protokol have decided to evolve the way these project-influencer relationships are formed and how they are optimized for community success.
Protokol is a solution that creates a transparent bridge between projects and KOLs (Key opinion leaders). By using this platform, projects can reliably ensure that their project will receive dependable awareness and KOLs, especially micro – KOLs will receive allocations to projects for their efforts.
IMO solution
Protokol is the world’s first marketing launchpad. Introducing Initial Marketing Offerings (IMOs) driving adoption by connecting Micro-KOLs to Projects. IMOs are a new layer of fundraising in return for marketing. Providing projects with value and allowing Micro-KOLs to be monetized with presale tokens.
Protokol is integrated with the major social media channels and able to scale to meet the demand from thousands of Micro-KOLs using permissionless token pools. Verifying Micro KOLs’ work through Protokol’s Proof of Marketing and settlement based on work completed.
About Protokol
Protokol is a mix of Defi and Marketing tech to bring about the world’s first Marketing DEX.
Protokol monetizes key opinion leaders, decentralizes crowd influence by utilizing token swaps through multi-chain token pools.
A Marketing DEX is a unique proposition providing advantages of liquidity, low cost, scalability, trust, and transparency; bringing about the debut of Initial Marketing Offerings (IMOs).
The full roadmap and more information can be found on the project’s website.
Media Contact –
Ryan Deen
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/112699
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Renasant Corporation, the parent company of Renasant Bank, headquartered in Mississippi, USA, has announced that its President and COO, Kevin Chapman, will assume the role of CEO for both the bank and the corporation.
Chapman will take over from Renasant’s current CEO, Mitchell Waycaster, who is set to step down in May 2025. Following his tenure as CEO, Waycaster will continue as Executive Vice Chairman for both Renasant Corporation and its banking subsidiary.
In a joint statement regarding Chapman’s promotion, Renasant’s Executive Chairman, Edward Robinson McGraw, and Waycaster hailed the new CEO as a “dynamic leader” with a deep understanding of both “corporate banking strategy and the financial services marketplace.”
Chapman, who will retain his current title and responsibilities as President of both the corporation and the bank, has been part of Renasant Bank since 2005, serving in various roles such as Chief Strategy Officer and Corporate Accounting Officer. Additionally, since 2011, Chapman has served as CFO of both the corporation and the bank.
Established in 1904, Renasant Bank recently reported its first-quarter earnings, revealing deposits and loans totaling $14.2 billion and $12.5 billion, respectively, indicating growth compared to the same quarter in 2023.
In other news, the North American financial sector witnessed a leadership change last week as Canadian Software-as-a-Service (SaaS) fintech Zafin announced Charbel Safadi as its new CEO, succeeding Al Karim Somji, who held the position for over two decades.
Source: fintechfutures.com
The post Renasant Corporation promotes president and COO Kevin Chapman to CEO appeared first on HIPTHER Alerts.
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Open has launched a groundbreaking travel insurance solution featuring instant claims technology.
Open, a global provider of embedded insurance solutions, has unveiled a new travel insurance product tailored to the unique needs of both individual travelers and travel providers.
This latest offering from Open integrates their cutting-edge Instant Claims technology and introduces Smart Flight Delay, a feature that automatically grants lounge passes to travelers and up to four companions in the event of flight disruptions lasting 60 minutes or longer, as reported by InsurTech Insights.
The primary aim of this innovation is to provide timely assistance to travelers without the inconvenience of having to file a claim.
Built on Open’s digital-first approach, the travel insurance product allows customers to easily manage their policies, customize their coverage, and access support as needed.
It is designed to offer personalized complimentary coverage for partners in banking, telecommunications, and payment cards, ensuring that travelers receive trip protection tailored to their specific requirements.
Additionally, the platform enables travel providers to seamlessly integrate travel insurance into their existing offerings or provide standalone travel insurance for digital brands. This flexibility enhances their product portfolios and enables them to create compelling offerings across various contexts.
Sam Hoppe, Chief Commercial and Insurance Officer UK at Open, expressed, “We are thrilled about the launch of our latest travel insurance product, which aims to bridge the gap between modern digital travel experiences and innovative insurance solutions.
“The seamless, technology-driven journey that travelers expect from airlines and online travel agencies (OTAs) should extend effortlessly to insurance, and that’s precisely where we aim to lead the way.”
He added, “Exciting developments lie ahead for 2024 as we plan to introduce more travel features, including instant claims, cash settlements, and a pay-with-points feature. These advancements promise to drive continued evolution in the travel insurance landscape.”
Source: fintech.global
The post Open has launched a groundbreaking travel insurance solution featuring instant claims technology. appeared first on HIPTHER Alerts.
Latest News
Borderless AI and Nium Transform Employer of Record Business with Real-Time Cross-Border Payments
Strategic alliance will allow for employers to seamlessly pay employees and contractors in 100 currencies across more than 190 countries
TORONTO, May 1, 2024 /PRNewswire/ — Today, Borderless AI, a leading Employer of Record (EOR) services provider, announced its strategic partnership with Nium, the global leader in real-time, cross-border payments, aiming to revolutionize cross-border payments in the EOR industry. This collaboration marks a significant milestone in enhancing efficiency, transparency, and speed in global employment and payroll solutions.
The traditional EOR process often faces delays and inefficiencies in cross-border payments, leading to administrative bottlenecks and hindered business operations. With Nium’s cutting-edge technology integration, Borderless AI is able to streamline operations, offering faster, more efficient, and secure payment solutions. This enables organizations to confidently navigate international complexities, seamlessly pay employees and contractors, and manage remote teams more efficiently.
Nium’s advanced payment infrastructure and global network facilitate seamless fund transfers across borders, eliminating intermediaries and significantly reducing transaction times. Borderless AI can now provide clients with instant transfer of funds through Nium’s platform, enabling efficient management of payroll, taxes, expenses, and financial obligations across more than 190 countries.
“Our collaboration with Nium represents a significant leap in delivering multi-country payroll and unmatched value to our customers,” said Willson Cross, CEO of Borderless AI. “By leveraging Nium’s innovative technology, we empower businesses to efficiently manage their global workforce while ensuring timely and secure cross-border payments.”
Some benefits derived by organizations like Affiniti Finance and MG2 Corporation include:
- Faster and more affordable cross-border payments.
- Worldwide access to 190+ countries and 100 currencies, with funds available real-time in 100 markets.
- Helps scale globally in a compliant manner, by adhering to local regulations and maintaining robust security measures.
“Borderless AI is contributing to the changing Employer of Record industry and we are excited to be a part of their journey,” said Prajit Nanu, CEO and Co-founder of Nium. “By integrating our real-time cross-border payment solutions with Borderless AI’s EOR expertise, we empower businesses to transcend geographical barriers and unlock new opportunities for growth.”
In conjunction with this partnership and to strengthen its industry expertise, Borderless AI is officially announcing the addition of Rajesh Venkatesh as Chief Payments Officer and Umesh Maini as Chief Product Officer to its executive team. Both leaders bring invaluable experience from the global payments space. Venkatesh previously served as Chief Product Officer at Nium and worked as a payments executive for a combined 15 years at PayPal and eBay. Maini previously served as Chief Product Officer at Buckzy – a cross-border payments network and embedded finance platform – and has worked as a payments executive at Western Union and TD Bank.
This strategic alliance underscores Borderless AI and Nium’s shared commitment to innovation and excellence in global employment solutions, paving the way for businesses to navigate cross-border operations efficiently and unlock new growth possibilities. For more information, visit us here.
About Borderless AI:
Borderless AI is a global payroll solution that leverages the power of generative AI to automate and speed up the process of onboarding, managing, and paying international team members. With Borderless AI, businesses can compliantly hire and manage talent worldwide without establishing a foreign entity while alleviating the complexities and risks associated with hiring global employees. With a focus on innovation and customer service, Borderless AI developed Alberni, the world’s first AI agent for global HR. Alberni uses conversational AI to simplify global employment tasks from contract creation to expense management. The company is headquartered in Toronto, Canada, and has raised $27 million in seed funding to date, backed by Susquehanna and Aglaé Ventures.
About Nium:
Nium, the leader in real-time, cross-border payments, was founded on the mission to deliver the global payments infrastructure of tomorrow, today. With the onset of the global economy, its payments infrastructure is shaping how banks, fintechs, and businesses everywhere collect, convert, and disburse funds instantly across borders. Its payout network supports 100 currencies and spans 190+ countries, 100 of which in real-time. Funds can be disbursed to accounts, wallets, and cards and collected locally in 35 markets. Nium’s growing card issuance business is already available in 34 countries. Nium holds regulatory licenses and authorisations in more than 40 countries, enabling seamless onboarding, rapid integration, and compliance – independent of geography. The company is co-headquartered in San Francisco and Singapore.
Media Contact
Inkhouse for Borderless AI
[email protected]
Logo – https://mma.prnewswire.com/media/2367704/BorderlessAi_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/borderless-ai-and-nium-transform-employer-of-record-business-with-real-time-cross-border-payments-302132717.html
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