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Ascenda transforms economics for financial institutions with new loyalty-as-a-service offering

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NEW YORK, Oct. 22, 2024 /PRNewswire/ — Ascenda, the world’s most connective rewards ecosystem, today announced the launch of its new loyalty-as-a-service offering. The groundbreaking model challenges established industry norms and maximizes business outcomes for financial institutions through effortless access to scalable, aspirational rewards propositions that deliver outsized returns.

For decades, companies who provide rewards technology and content have operated on a vendor model that leaves them uninvested in their clients’ success. The onus has been squarely on financial institutions to procure the right loyalty marketing ingredients and put them to use in a way that generates ROI – often with mixed results. Ascenda now shifts that paradigm by delivering loyalty as a partner, not as a supplier.

The new loyalty-as-a-service offering transforms marketing economics for financial institutions with an outcome-centric partnership model composed of: 

Holistic ecosystem access: Ascenda’s full suite of proven technology and compelling lifestyle content is accessible effortlessly in one place. This marks the first time in the industry that all the puzzle pieces needed for high-ROI loyalty marketing are seamlessly unified, from trigger-based campaigns to unforgettable customer experiences.
                                                                       Easy zero-cost entry: brands can choose to leverage the full solution suite or start using just specific components – always without setup costs or platform fees. This removes all barriers, enabling financial institutions to move faster in bringing new customer propositions to market.
                                                                       Results-based commercials: Ascenda charges only for content and growth outcomes actually delivered. This mitigates the financial risk of adopting a loyalty solution and means Ascenda is deeply invested in achieving measurable client results.                                        

“Our new loyalty-as-a-service offering is revolutionary for banks and fintechs globally,” said Kyle Armstrong, CEO at Ascenda. “For many brands, rewards cost is one of the biggest expense lines on the P&L, yet they are dissatisfied with the return on that investment. We are changing the game with a shift from delivering loyalty software to delivering loyalty ROI. Our new model makes things effortless and truly aligns incentives, unlocking step-change economics.”

The new offering is now available to financial institutions that onboard with Ascenda and progressively being rolled out across the existing client base.

SOURCE Ascenda

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Allison Ventures Makes Strategic Investment in Agtonomy

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Allison Transmission’s venture capital arm invests in pioneer software and services company specializing in AI-enabled automation software for agriculture and land maintenance.

INDIANAPOLIS, Oct. 22, 2024 /PRNewswire/ — Allison Ventures, Allison Transmission’s venture capital arm, has made a strategic investment in Agtonomy, a software and services company specializing in advanced autonomous and AI solutions for agriculture and industrial applications. With this investment Allison will support Agtonomy in enhancing commercial productivity and operational efficiency through advanced automation and connectivity.

Founded in 2021, Agtonomy integrates its technology into well-known tractors and equipment, converting them into a digitally controlled, task-oriented system for agriculture that prioritizes safety, profitability and environmental sustainability. The California-based company has quickly distinguished itself with its innovative teleguidance application, which allows a single user to monitor and control a fleet, significantly reducing labor costs and increasing productivity for farmers.

“We are thrilled to welcome Allison to our distinguished group of investors. Their support is pivotal as we advance our mission to harness cutting-edge autonomy and AI solutions,” said Tim Bucher, CEO, Agtonomy. “Together, we are setting the stage for transformative impacts across industries.”

The investment will help provide Agtonomy with the necessary resources to expand its pilot program. This expansion will encompass a broader geographical reach as well as additional vehicle and implement platforms, catering to a more diverse range of agricultural needs and enhancing the overall effectiveness of the program.

“Allison Ventures is delighted to partner with Agtonomy, a company that not only aligns with our specific investment goals but also embodies our broader commitment to fostering innovation across various strategic domains,” said Todd Bradford, Vice President, Strategy, Business and Corporate Development, Allison Transmission. “This partnership extends beyond mere financial investment; it is about actively engaging in a journey of shared knowledge and technical collaboration.”

To learn more about Allison Ventures, visit allisontransmission.com.

To learn more about Agtonomy, visit agtonomy.com.

About Allison Transmission
Allison Transmission (NYSE: ALSN) is a leading designer and manufacturer of propulsion solutions for commercial and defense vehicles and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions that Improve the Way the World Works. Allison products are used in a wide variety of applications, including on-highway vehicles (distribution, refuse, construction, agriculture, fire and emergency), buses (school, transit and coach), motorhomes, off-highway vehicles and equipment (energy, mining and construction applications) and defense vehicles (tactical wheeled and tracked). Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA. With a presence in more than 150 countries, Allison has regional headquarters in the Netherlands, China and Brazil, manufacturing facilities in the USA, Hungary and India, as well as global engineering resources, including electrification engineering centers in Indianapolis, Indiana, Auburn Hills, Michigan and London in the United Kingdom. Allison also has approximately 1,600 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com.

About Agtonomy
A California-based, farmer-founded software, services and technology company enabling autonomy to solve agriculture’s most immediate and pressing problems including labor scarcity, climate change and shrinking profit margins. Partnering within the equipment value chain for rapid commercialization, Agtonomy embeds their ‘smarts’ into brand-name tractors and implements, digitally transforming machinery into a remote-operated, task-driven ecosystem for safe, equitable, profitable and climate-smart agriculture.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/allison-ventures-makes-strategic-investment-in-agtonomy-302283601.html

SOURCE Allison Transmission Holdings Inc.

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Utthunga Names Praveen Naik as Senior Vice President – Americas to Drive Industrial Innovation and Growth

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HOUSTON, Oct. 22, 2024 /PRNewswire/ — Utthunga, a leading provider of engineering R&D, Industrial Solutions, and Digital Transformation Solutions & Services, today announced the appointment of Praveen Naik as Senior Vice President and Head of Americas Business . With over 18 years of global leadership experience, Praveen will oversee Utthunga’s expansion in the Americas, focusing on driving engineering excellence, strategic growth, and delivering innovative solutions for industrial transformation.

Krishnan K M, CEO of Utthunga, said:

“Praveen’s experience in collaborating with C-suite executives and their teams across industries aligns perfectly with Utthunga’s vision of growth and innovation. His expertise in crafting high-impact strategies, scaling high-performing teams, and executing solutions that deliver tangible results is precisely what we need as we expand in the Americas. With his proven track record, Praveen is uniquely positioned to lead this effort, ensuring Utthunga continues to deliver long-term, sustainable value to our clients in this critical region.”

Praveen joins Utthunga from Gartner, where he served as the Manager for the Americas Global Enterprise Oil and Gas team based in Houston. During his tenure at Gartner, he worked closely with C-suite executives and their teams to help them execute on critical digital and business transformation initiatives. Prior to Gartner, he held leadership roles at global organizations such as hp and iGATE (now Capgemini), delivering results across energy, manufacturing, banking and technology sectors.

Praveen Naik commented:

“Utthunga is at the cutting edge of engineering excellence and digital transformation. Their deep domain expertise, paired with an agile approach, presents an incredible opportunity to deliver measurable business outcomes. My focus will be on driving impactful engagements, fostering innovation, forging strategic partnerships, and ensuring we develop sustainable solutions that address the evolving needs of the industrial sector”

Beyond his professional role, Naik is actively engaged in supporting the community. He currently serves on the Board of Directors for Junior Achievement of Southeast Texas and as an Advisory Board Member for ProUnitas Inc. and Houston Christian University. He champions causes such as youth empowerment, equitable education, and sustainable growth.

About Utthunga

Founded in 2007, Utthunga delivers cutting-edge solutions to, Industrial OEMs, ISV, MSP and Industries like Energy, Chemicals. Metals, Mining, Minerals, Pharmaceuticals, Power, Utilities and others.

Focused on accelerating industrial efficiency and growth along with partners, Utthunga is set to redefine industrial transformation across the Americas with this new leadership. Learn more at www.utthunga.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/utthunga-names-praveen-naik-as-senior-vice-president—americas-to-drive-industrial-innovation-and-growth-302283666.html

SOURCE Utthunga

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“House of War” Live Event & Podcast Series by Daniel Sadan Debuts This Week

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Exploring radical Islamism, and the dangerous impact of the Muslim Brotherhood on the West.

GAITHERSBURG, Md., Oct. 22, 2024 /PRNewswire/ — Daniel Sadan, an American businessman and Executive Producer is excited to announce the launch of House of War, a new live event and podcast series addressing the global threat posed by the Muslim Brotherhood’s imperialist ideology. The series explores the meaning of “Dar al-Harb” (House of War), which the Muslim Brotherhood and other terrorist groups like ISIS and Al-Qaeda use to define territories outside Islamic rule as battlegrounds for future conquest.

The podcast and event series will feature leading experts in counterterrorism and geopolitics, offering an in-depth analysis of how radical Islamism infiltrates Western societies. The focus spans countries like the United States, Canada, the UK, and Australia, where extremist ideologies have penetrated political institutions and shaped policies.

Key Events and Guests

The series debuted with a live broadcast on August 18, 2024, titled “UK Radical Islamism: The Muslim Brotherhood and the UK’s Obsession with Israel.” Guests included Khaled Hassan and Dr. Mordechai Kedar, who discussed the Brotherhood’s ties to Western leaders and the dangerous alliance between radical Islamism, Marxism, and antisemitism.

Upcoming events will feature guests like Alan Shatter, Ireland’s former Minister for Defence, as well as Minister for Justice and Equality, who will discuss Europe’s challenges in countering Islamist extremism.

Broadcast & Engagement Opportunities

House of War airs live on Sundays at 1 PM EST across major platforms starting in late October 2024, including YouTube, Twitter, and Facebook. Each event includes live Q&A sessions, fostering real-time interaction with the audience. Episodes will also be available on-demand as podcasts.

Daniel Sadan emphasizes the global nature of the threat: “Radical Islamism isn’t just a regional issue—it’s a worldwide problem. Through House of War, we provide a platform for critical conversations and practical solutions.”

Join the Conversation

Stay engaged by following Daniel Sadan across social media and participating in live events. For media inquiries or upcoming event details, contact:

Daniel Sadan
President
DSP Media
press@danielsadan.com
+1 (240) 780-8205
https://www.danielsadan.com/about

Social Media Links:
https://www.linkedin.com/in/danielsadan/
https://x.com/RealDanSadan
https://www.instagram.com/realdansadan/
https://www.facebook.com/RealDanielSadan/
https://www.youtube.com/@DanielSadan
https://www.tiktok.com/@realdansadan

Photos:
https://www.prlog.org/13043892

View original content:https://www.prnewswire.com/news-releases/house-of-war-live-event–podcast-series-by-daniel-sadan-debuts-this-week-302283522.html

SOURCE DSP Media

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