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EDGE and Fuse Announce Strategic Partnership for Automated Cashflow Underwriting

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Next-gen loan origination platform to offer end-to-end open banking underwriting insights as part of its highly-customizable system

CHICAGO and NEW YORK, June 25, 2024 /PRNewswire-PRWeb/ — EDGE, a leading provider of income verification and cash flow analytics is excited to announce a new partnership with Fuse, an advanced loan origination system with a focus on automated decisioning and customization via no-code tools.

Fuse’s technology exists to streamline the lending process for banks and credit unions. EDGE’s analytics make it possible to take that optimization to the next level with real-time cashflow insights in their risk decisions.

The partnership will seamlessly integrate EDGE’s proprietary cash flow analytics and risk analysis into Fuse’s next-generation loan origination software.

“We’re thrilled that Fuse customers will now be able to access EDGE’s proprietary cash flow analytics directly on the platform,” said Brian Reshefsky, CEO of EDGE. “This is a huge leap forward in removing friction from the decisioning process and an ideal showcase for the power of open banking.”

The Fuse Loan Origination System takes full advantage of today’s advanced technology to provide users with a simple, end-to-end system with robust customization capabilities. Beginning with code-free tools that automate decisioning, Fuse features more than 100 pre-built integrations for easy connection to all the key providers in the lending ecosystem, a streamlined agent portal that reduces training and switching time, along with advanced track and trace for all data that flows through the platform.

“Fuse delivers a modernized workflow that helps banks and credit unions move away from inefficient legacy systems,” said Andres Klaric, Co-CEO of Fuse. “Integrating EDGE and the proven value of their insights simply offers lenders more reasons to switch to Fuse.”

EDGE’s integration with Fuse will enable lenders on the platform to utilize robust cashflow analytics in order to look beyond traditional credit scores and decision on applicants’ ability to pay based on cashflow data. As part of the integration, Fuse clients can enjoy industry-leading bank connection rates with smart routing across EDGE’s network of data aggregation partners as well as decision-ready credit risk insights.

The consumer credit risk attributes and scores that EDGE produces leverage over two decades of experience in consumer lending along with the industry’s largest data lake of open banking data married to loan outcomes. Lenders provide loan outcomes to EDGE as a consumer reporting agency, and EDGE in turn issues consumer reports based on cashflow data that lenders can expressly utilize for approvals and adverse action alike.

“Fuse’s technology exists to streamline the lending process for banks and credit unions,” remarked Klaric, “EDGE’s analytics make it possible to take that optimization to the next level with real-time cashflow insights in their risk decisions.”

“Our partnership with Fuse brings EDGE’s powerful insights to more lenders who embrace progressive risk assessment methods,” said Reshefsky, “That’s a win for everyone in the consumer credit ecosystem, from lenders to the consumers we ultimately serve.”

About Fuse:

Fuse is a next-gen loan origination system (LOS) that simplifies lending for financial institutions by providing the ability to customize financial rules, utilizing a low-code API builder and personalized agent portal. Dedicated to simplifying and modernizing the LOS market, Fuse delivers top-tier, customer-focused technology solutions for financial institutions. By streamlining the lending process, Fuse facilitates reliable interactions between lenders and borrowers, providing a secure and scalable platform for banks, financial institutions, credit unions, and fintechs.

About EDGE:

EDGE is a consumer reporting agency based on open banking data from an optimized portfolio of bank data aggregators and risk analytics built by lenders for lenders for

actionable insights into consumer creditworthiness. The platform was launched by the lenders, entrepreneurs, and data scientists who pioneered data-driven digital lending for Everyday Americans two decades ago. EDGE delivers risk insights for use cases across the credit account lifecycle that have been performance-tested on real world lending decisions on over four billion bank transactions linked to over half a billion dollars in loans since 2017.

Media Contact

Media Relations, EDGE, 1 312-205-8996, media@edgescore.com 

View original content to download multimedia:https://www.prweb.com/releases/edge-and-fuse-announce-strategic-partnership-for-automated-cashflow-underwriting-302178782.html

SOURCE EDGE

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Anterix Announces Tom Kuhn as Chairman of the Board of Directors as Morgan O’Brien Retires After More Than 12 Years on the Board

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WOODLAND PARK, N.J., Dec. 30, 2024 /PRNewswire/ — Anterix (NASDAQ: ATEX) (“the Company”) announced today utility industry veteran Tom Kuhn as Chairman of the Anterix Board of Directors, effective January 1st, as the end of 2024 marks the anticipated retirement of Morgan O’Brien as Executive Chairman of the Anterix Board after more than 12 years with the Company. O’Brien will continue as an advisor.

“Anterix and our nation’s utilities have benefited greatly from Morgan’s tremendous leadership and counsel during his tenure and his impact on the Company cannot be overstated,” said Tom Kuhn, Vice Chairman of the Board. “I am honored to be named Chairman of the Board during this important time in the Company’s evolution and look forward to supporting the Company’s efforts to drive significant growth and value creation for the benefit of all Anterix stakeholders.” 

“Morgan has been a true thought leader in our industry. On behalf of the Board and management team, I want to extend our sincere gratitude to him for his steadfast leadership and innovative vision,” said Scott Lang, Anterix President and Chief Executive Officer. “I also want to congratulate Tom on his new role, and I look forward to working with him and the rest of the Board to realize the next chapter of the Company.”

“The last 12 years have been an amazing journey. As a result of the success Anterix has already achieved, the Company is well positioned to continue in its mission of transforming our nation’s energy sector with the power of connectivity,” said Morgan O’Brien. “I am confident that under the leadership of Scott Lang and Tom Kuhn, the Company will achieve great results.”

Kuhn has served on Anterix’s Board of Directors since January 2024 and prior to that spent more than thirty years as President and CEO of the Edison Electric Institute (“EEI”), the trade association representing U.S. investor-owned electric utilities.

O’Brien has served as an executive leader with the company for more than 12 years in roles spanning from President and CEO of the Company to Executive Chairman of its Board of Directors.

About Anterix Inc. 

At Anterix, we work with leading utilities and technology companies to harness the power of 900 MHz broadband for modernized grid solutions. Leading an ecosystem of more than 100 members, we offer utility-first solutions to modernize the grid and solve the challenges that utilities are facing today. As the largest holder of licensed spectrum in the 900 MHz band (896-901/935-940 MHz) throughout the contiguous United States, plus Hawaii, Alaska, and Puerto Rico, we are uniquely positioned to enable private LTE solutions that support cutting-edge advanced communications capabilities for a cleaner, safer, and more secure energy future. To learn more and join the 900 MHz movement, please visit www.anterix.com.

Shareholder Contact 

Natasha Vecchiarelli
Vice President, Investor Relations & Corporate Communications
Anterix
973-531-4397
nvecchiarelli@anterix.com

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SOURCE Anterix Inc.

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Capital Group Canada Announces Final Cash Distributions for the Capital Group Canada ETFs (CAPG, CAPI, CAPM, CAPW)

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TORONTO, Dec. 30, 2024 /CNW/ – Capital International Asset Management (Canada), Inc. (“Capital Group Canada”) today announced the final December 2024 cash distributions for the Capital Group Canada ETFs listed below.

Unitholders of record on December 30, 2024, will receive cash distributions payable on January 3, 2025. Please be advised that the distributions announced in this press release replace those stated in the December 19, 2024, press release for these funds.

Details of the “per unit” distribution amounts are as follows:

Capital Group Canada ETF

Ticker
symbol

Distribution
per unit ($)

CUSIP

ISIN

Payment
frequency

Capital Group Global Equity
Select ETF™ (Canada)

CAPG

0.003119

14021V107

CA14021V1076

Annually

Capital Group International
Equity Select ETF™ (Canada)

CAPI

0.017656

14021W105

CA14021W1059

Annually

Capital Group Multi-Sector
Income Select ETF™ (Canada)

CAPM

0.142857

14021Y101

CA14021Y1016

Monthly

Capital Group World Bond
Select ETF™ (Canada)

CAPW

0.109468

14021X103

CA14021X1033

Monthly

For more information on the Capital Group Canada ETFs, visit: www.capitalgroup.com/ca/en

About Capital Group

Capital International Asset Management (Canada), Inc. is part of Capital Group, a global investment management firm originating in Los Angeles, California. Since 1931, the Capital Group organization has been singularly focused on delivering superior results for long-term investors using high-conviction portfolios, rigorous research and individual accountability. As of September 30, 2024, Capital Group manages more than US$2.8 trillion in equity and fixed income assets for millions of individual and institutional investors around the world.

Capital Group manages equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed income investment professionals provide fixed income research and investment management across the Capital Group organization; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.

Commissions, management fees and expenses all may be associated with investments in investment funds. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated.

SOURCE Capital Group Canada

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Bright Light Solutions and 365 Retail Markets Announce Strategic Partnership

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Collaboration Paves the Way for Industry-Leading Innovation

TROY, Mich., Dec. 30, 2024 /PRNewswire/ — Bright Light Solutions (BLS) and 365 Retail Markets today announced a strategic partnership to drive innovation and deliver transformative solutions to the market. This collaboration leverages the combined expertise of BLS Engineering and 365 Engineering, led by Anton Rakushkin, to develop cutting-edge technologies that will redefine industry standards.

BLS and 365 look forward to engaging in this partnership and are confident it will yield significant success and deliver substantial value to both companies and our customers.

About Anton Rakushkin
Mr. Rakushkin, founder of BLS, brings twenty years of experience in retail technology to 365 Retail Markets, including time with Streamware Corporation and Crane Connectivity Solutions. He holds impressive accomplishments in the areas of vending management, including the architecture of Vendmax, an extensively used VMS system across the industry. His achievements also include innovations around data exchange and tools for operator success such as industry-first pre-kit and dynamic scheduling features. Rakushkin has had notable success working closely with both customers and other solution providers to create widely adopted industry standards.

CONTACT:   
Navreet Gill
VP of Marketing & Communications, 365 Retail Markets
navreet.gill@365smartshop.com

About 365 Retail Markets
365 Retail Markets is the global leader in unattended retail technology. Founded in 2008, 365 provides a full suite of best-in-class, self-service technologies for food service operators including end-to-end integrated SaaS software, payment processing and point of-sale hardware. Today, the company’s technology solutions autonomously power food retail spaces at corporate offices, manufacturing and distribution facilities, hospitality settings and more, in order to provide compelling foodservice options for consumers. 365’s technology solutions include a growing suite of frictionless smart stores, micro markets, vending, catering, and dining point-of-sale options to meet the expanding needs of its customers. 365 continuously pioneers innovation in the industry with superior technology, strategic partnerships and ultimate flexibility in customization and branding.  

For more information about 365 Retail Markets, visit www.365retailmarkets.com and connect on Facebook, Twitter, YouTube, and LinkedIn 

View original content to download multimedia:https://www.prnewswire.com/news-releases/bright-light-solutions-and-365-retail-markets-announce-strategic-partnership-302340415.html

SOURCE 365 Retail Markets, LLC

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