EDMONTON, AB, Jan. 3, 2025 /CNW/ – Loonio™, Canada’s premier Interac® payment platform, is proud to announce its strategic expansion into the insurance industry. With a user base exceeding 10 million Canadians, Loonio is set to revolutionize payment processing within the insurance sector, offering unparalleled security, efficiency, and convenience.

Traditionally recognized for facilitating seamless online transactions, Loonio is broadening its horizons to become a comprehensive payment solution across various industries. This move underscores Loonio’s commitment to providing versatile and secure payment options tailored to the evolving needs of Canadian consumers and businesses.

In line with this expansion, Loonio has partnered with SimplePin, a leading payment solutions provider, to enhance its services within the insurance domain. This collaboration aims to streamline payment processes for insurance providers and policyholders alike, ensuring transactions are processed swiftly and securely.

Key Highlights:

Expansion into Insurance: Loonio is now offering trusted Interac® payment services to the insurance industry, providing a reliable and efficient payment solution for both providers and clients.Trusted by Millions: With over 10 million Canadians currently utilizing Loonio for their online transactions, the platform has established itself as a dependable and secure payment method nationwide.Partnership with SimplePin: Collaborating with SimplePin enables Loonio to deliver enhanced payment solutions tailored specifically for the insurance sector, fostering innovation and improved user experiences.

Loonio’s user-friendly interface allows customers to make payments using their existing online banking credentials, eliminating the need for lengthy card numbers or additional security questions. This streamlined process not only enhances user experience but also ensures top-tier security by utilizing bank-grade authentication measures.

As Loonio ventures into the insurance sector, it remains dedicated to maintaining the highest standards of security and customer satisfaction. By leveraging its extensive experience in online payment processing, Loonio is poised to set new benchmarks in the insurance industry’s payment landscape.

For more information about Loonio and its services, please visit www.loonio.ca.

About Loonio

Loonio™ is Canada’s leading Interac® payment platform, offering fast, secure, and convenient payment solutions for consumers and businesses. With a commitment to innovation and customer satisfaction, Loonio continues to expand its services across various industries, ensuring seamless transactions for over 20 million Canadians.

Website: www.loonio.ca

Note: Interac® is a registered trademark of Interac Corp. Used under license.

SOURCE Loonio

NEW YORK, Jan. 3, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global education apps market size is estimated to grow by USD 6.08 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  14.5%  during the forecast period. Growing government initiatives for digital learning is driving market growth, with a trend towards growing focus on wearable technology. However, concerns related to data security and privacy in education apps  poses a challenge. Key market players include 2U Inc., 3P Learning Ltd., Age of Learning Inc., Alphabet Inc., Brilliant Worldwide Inc., Chegg Inc., Coursera Inc., Duolingo Inc., Epic Creations Inc., Hologo World Inc., IXL Learning Inc., Khan Academy Inc., Lumos Labs Inc., Memrise Ltd., Microsoft Corp, Quizlet Inc., Sololearn Inc., Udemy Inc., UMU Technology CO. LTD., and WizIQ Inc..

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Market Driver

The education apps market is thriving with trends like AI chatbots, e-games, blended learning, personalized learning, and gamification. These trends cater to various subjects including science, social studies, STEM subjects, language arts, and more. Adaptive learning apps using machine learning technology are popular in K-12, higher education, and corporate training. AI and machine learning are revolutionizing education by providing flexible, cloud-based learning options. Consumer preferences lean towards education games and social learning environments. Established players dominate the market, but innovative startups offer unique features like test preparation, tutoring, and progress tracking. Flexibility, accessibility, and user engagement are key factors driving growth in the digital education space. However, data privacy concerns and limited internet accessibility remain challenges. The education apps market is saturated, but technology advances continue to create opportunities for growth. Content providers must offer cutting-edge technology, personalized education, and adapt to consumer preferences to stay competitive. Digital tools like e-learning, remote learning, and digital education software are essential for upskilling and lifelong learning. 

Wearable technology significantly contributes to the education sector by enhancing student engagement and boosting learning effectiveness. These devices facilitate communication between teachers and students, enabling the sharing of ideas, implementation of processes, and exchange of feedback. Wearable smart devices, such as smartwatches and glasses, allow users to download and use educational apps to learn various subjects. The availability of audio and video files for offline viewing and cloud storage increases the appeal of these devices for students. Furthermore, the integration of wearable devices with smartphones and other electronic gadgets expands their reach in the global education apps market. 

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 Market Challenges

The education apps market is witnessing significant growth with the integration of AI chatbots, e-games, and blended learning. Personalized learning and adaptive apps are popular in STEM subjects, language arts, and higher education. Gamification and machine learning enhance user engagement. Established players dominate the market, but innovative startups offer unique features. Flexibility is key with cloud-based and mobile devices. Consumer preferences lean towards adaptive learning apps, test preparation, and tutoring. Challenges include data privacy concerns, limited internet accessibility, and market saturation. Education software must provide progress tracking and cater to K-12, corporate training, and upskilling. Technology advances bring flexibility, remote learning, and smartphone penetration. The digital education space continues to evolve, offering cutting-edge technology and innovative learning environments.The education apps market faces substantial challenges due to data security and privacy concerns. With the collection and storage of sensitive student information, ethical, legal, and technical challenges arise. Education apps gather various data, such as personal information, academic records, and usage patterns, making them attractive targets for cyberattacks and unauthorized access. Data breaches and privacy violations can damage user trust and result in legal repercussions for app developers and educational institutions. Additionally, the regulatory landscape for data protection differs globally, increasing complexity for education app developers operating in diverse markets.

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Segment Overview 

This education apps market report extensively covers market segmentation by  

End-user 1.1 High education1.2 Pre K-12Product 2.1 Web-based2.2 Mobile-basedGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 High education-  The higher education segment of the global education apps market caters to universities, colleges, and professional schools, offering digital learning solutions. These apps facilitate flexible and accessible learning experiences for undergraduate, graduate, and postgraduate students. Prominent players, such as Coursera and Microsoft, offer course materials, interactive lectures, collaborative tools, assessment platforms, and career development resources. Institutions use apps for assessments, content distribution, and scheduling. Technology advancements, like AR and VR, have led to the creation of learning apps for practical subjects. Apps are increasingly becoming a marketing tool for higher education institutions. However, the adoption rate is low due to high development costs and limited awareness of benefits. Despite these challenges, the growing digitization trend will encourage universities to allocate more funds for education apps, driving market growth.

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Research Analysis

The Education Apps Market is a dynamic and innovative sector, offering a wide range of solutions that cater to diverse learning needs. From inclusive learning platforms that promote accessibility and equity, to teacher training apps that enhance professional development, the market is transforming traditional education methods. Flipped classrooms allow students to learn at their own pace, while global education apps broaden horizons and foster cultural understanding. Microlearning, digital textbooks, and personalized learning platforms enable students to access information and resources on-demand. Educational videos, virtual reality learning, and mobile learning offer and flexible learning experiences. Learning communities, data-driven learning, and learning analytics tools promote student success and engagement. Edtech startups, open educational resources, and online courses provide accessible and affordable education to learners worldwide. The future of education is bright, with virtual learning environments, online tutoring services, remote learning tools, and digital learning resources shaping the educational landscape. Curriculum development apps, educational podcasts, and learning management systems streamline the educational process, while online education offers flexibility and convenience. Regardless of the specific tool or resource, the Education Apps Market is dedicated to making education more accessible, engaging, and effective for learners of all ages and backgrounds.

Market Research Overview

The Education Apps Market is a dynamic and innovative space, driven by advances in artificial intelligence (AI), machine learning, and cutting-edge technology. This market encompasses a range of applications, from e-games and education software for K-12 students, to adaptive learning apps for higher education and corporate training. Personalized learning and blended learning are key trends, with AI chatbots and gamification used to enhance the learning experience. STEM subjects, language learning, and arts and humanities are popular areas of focus, catering to consumer preferences. Flexibility is a major selling point, with cloud-based and mobile devices enabling learning on-the-go. However, data privacy concerns and limited internet accessibility remain challenges. The market is competitive, with established players and innovative startups offering unique features and progress tracking to engage users. The digital education space continues to evolve, offering flexible education options and remote learning solutions for a diverse range of learners.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userHigh EducationPre K-12ProductWeb-basedMobile-basedGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

Year-long celebration planned to honor a decade of success and loyal customer support

HOUSTON, Jan. 3, 2025 /PRNewswire/ — The Vortex Companies, LLC (Vortex) is proud to celebrate its 10th anniversary in 2025 as a global leader in trenchless infrastructure rehabilitation and repair. Since its founding, Vortex has grown from a small team of four and a single location to nearly 1,000 employees and 25 locations worldwide.

“I’m incredibly proud of what our team has accomplished over the past decade,” said Mike Vellano, CEO of Vortex Companies. “We’ve built our business by listening to the market and delivering a comprehensive range of products, equipment, and technologies, supported by exceptional customer service and installation expertise.”

Throughout the year, Vortex will commemorate this milestone with a variety of events and initiatives, including open houses, exclusive offers for loyal customers, and anniversary-themed events at key industry conferences. The company’s marketing materials and limited-edition merchandise will feature a special 10th-anniversary logo.

“Seeing our team grow and evolve over the years has been incredibly rewarding,” Vellano added. “Our loyal customers and partners have placed immense trust in us to deliver solutions that drive their success, and I’m truly humbled by their support.”

About Vortex Companies

The Vortex Companies is a global leader in trenchless water and sewer infrastructure solutions, offering advanced technologies and turnkey services to cost-effectively renew municipal, industrial, and commercial systems. With one of the most diverse portfolios in the industry, Vortex provides solutions including manhole and pipe rehabilitation materials, polymeric coatings, CIPP liners and resins, sewer robotics, and high-speed drain cleaning tools.

Operating across 25 locations worldwide, Vortex is committed to delivering innovative, cost-effective infrastructure renewal solutions, backed by experienced and highly trained personnel. For more information, visit www.vortexcompanies.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/vortex-companies-celebrates-10-years-of-trenchless-infrastructure-innovation-302342119.html

SOURCE Vortex Companies