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Encompass Corporation unveils EC360, the next era of corporate client verification

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Outdated processes cost banks time and money; EC360 delivers 59% incremental efficiency gains by implementing CDI

LONDON, Feb. 4, 2025 /PRNewswire/ — Encompass Corporation, a leader in KYC automation and corporate digital identity (CDI) has launched EC360, a ground-breaking platform designed to transform the banking sector. EC360 seamlessly integrates public and private data, providing a 360-degree view of corporate clients, and enabling fast, flawless, and frictionless identity verification.

In a world where rising client expectations and fierce competition are reshaping the financial landscape, the ability to quickly and accurately verify corporate client identities has become a key differentiator. CDI offers a fresh approach and replaces cumbersome manual processes, enabling faster and more accurate KYC and client onboarding while improving operational efficiency. These advances not only streamline internal workflows but also enhance the overall client experience, positioning banks to better meet the needs of their corporate clients.

With EC360 the onboarding process is transformed through a suite of innovative solutions which include EC Public Automation, EC Private Outreach and EC CoorpID. These comprehensive solutions are designed to integrate into existing technology to complement and accelerate digital transformation initiatives. EC360 orchestrates and automates the collection, organisation, and consolidation of data from public and private sources, ensuring compliance and meeting business requirements. Its data-agnostic approach allows banks to tailor the information they wish to collect, integrating real-time inputs from registries, law enforcement, regulators, stock exchanges, secure client outreach and other sources.

“Banks are drowning in outdated processes and legacy systems, unable to keep up with escalating regulatory demands and mounting client expectations,” said Wayne Johnson, CEO and Co-founder of Encompass Corporation. “EC360 is not just a platform; it is a blueprint for the future of banking. It seamlessly automates the collation of real-time data and documents and supplements this with private information securely sourced from the client. This results in comprehensive, ready-to-use digital risk profiles that eliminate manual processes, enhance decision-making, and ensure compliance. Built with scalability, security, and reliability at its core, EC360 enables global banks to provide consumer-class service experiences to corporate clients worldwide.”

Outdated manual processes, legacy systems, and a complex web of escalating regulatory demands are straining banks’ ability to meet rising client expectations. These inefficiencies frustrate both banks and clients, driving the need for innovative solutions. By automating identity validation and verification, EC360 offers a solution that not only addresses these pain points but also unlocks new opportunities for growth and operational excellence.

This automation reduces the time and resources required for onboarding, cutting operational processes by up to 32% compared to traditional manual methods that average 51 hours per client at Tier 1 banks. By streamlining workflows and minimising errors, EC360 helps banks achieve unparalleled efficiency gains starting with 21% in year one to 59% in year five from implementing CDI, enabling them to allocate resources to strategic initiatives that drive innovation and revenue growth.

For CEOs, COOs, and heads of digital transformation, EC360 delivers a comprehensive solution that streamlines operations, strengthens compliance, and elevates client experience. The impact is transformative, which provides the following:

Regulatory compliance and risk mitigation: Stay compliant with global regulations while mitigating risks across jurisdictions.Operational efficiency: Achieve significant cost savings by automating manual processes, reducing human error, and speeding up client onboarding.Superior client experience: Deliver consumer-class service for corporate clients by streamlining interactions and reducing friction.Scalability and agility: As your bank grows, EC360 scales to meet the demands of expanding markets, new product launches, or compliance with jurisdictional requirements.

The EC Public Automation solution hosted by EC360 collates and integrates crucial public data and documents needed for KYC. EC360 standardises data and resolves inconsistencies, delivering actionable insights and complete beneficial ownership hierarchies. Additionally, the EC Private Outreach solution allows banks and their clients to share sensitive documents with full control over access, ensuring both privacy and security via a secure digital vault.

“At Encompass Corporation, our goal has always been to empower banks to optimise their KYC processes, strengthen risk management, and meet compliance standards—all while driving greater efficiency. With EC360, we’ve designed a solution that delivers this transformative approach. The time to act is now and as banking continues to evolve, so must the systems that support it.”  Wayne Johnson concluded.

For more information on EC360, visit https://www.encompasscorporation.com/ec360  or contact Encompass Corporation.

About Encompass Corporation:
Encompass enables fast, accurate identity validation and verification of corporate clients, and a gold standard approach to KYC. Our award-winning corporate digital identity (CDI) platform and innovative solutions incorporates real-time data and documents from authoritative global public data sources and private customer information to create and maintain digital risk profiles. With Encompass, the world’s leading banks improve customer experience and increase business opportunities through consistent regulatory compliance and risk mitigation.

View original content:https://www.prnewswire.co.uk/news-releases/encompass-corporation-unveils-ec360-the-next-era-of-corporate-client-verification-302366342.html

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Ursa Major to Deliver Chemical Propulsion Capability for Tactical Satellite Bus Systems

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DENVER, March 13, 2025 /PRNewswire/ — Ursa Major has been awarded a contract for delivery of fully integrated GEO propulsion systems for a customer focused on critical space missions. The multi-year award totaling $10 to $15 million supports the development, manufacturing, assembly, integration, and testing of a full propulsion system capable of six degree-of-freedom maneuverability.

Building upon successful flights for hypersonic and defense applications in 2024, Ursa Major is leveraging its expertise in scaling manufacturing of propulsion systems to provide unfettered access to space. The recent growth in the satellite industry has demonstrated an increased demand for advanced propulsion systems that provide efficient mobility for maneuverability, collision avoidance, and timely deorbiting. A pillar to responsive space domain is a resilient supply chain that can meet the necessary mission lead times. Ursa Major is responding to this need with an off-the-shelf and scalable manufacturing approach to enable rapid delivery of mission critical capabilities.

“This award demonstrates the engineering rigor in propulsion systems to yield a new generation of highly maneuverable buses at significantly faster lead times than currently fielded systems,” said Ursa Major CEO Dan Jablonsky.

The development and production work of these in-space propulsion systems will take place at Ursa Major’s design, test, and production facility in Berthoud, Colorado and apply advanced digital manufacturing processes alongside vertical integration of key technologies to enable rapid deployment.

About Ursa Major

Ursa Major is an aerospace and defense company, providing products and solutions for hypersonic, tactical missile, and space mobility systems. The company applies state-of-the-art digital and additive manufacturing techniques to rapidly produce the most advanced, cost-effective solutions. Ursa Major has category-leading hypersonic, on-orbit, and solid rocket motor propulsion capabilities. Ursa Major’s customers range from commercial space technology providers to enterprise-level aerospace and defense leaders as well as the U.S. government. The company employs the most sought-after engineers from top aerospace programs and universities, united in the core values of disruptive innovation, flying faster, and providing reliable and cost-effective systems. Headquartered in Berthoud, Colorado, with additive manufacturing facilities in Youngstown, Ohio, Ursa Major was named one of the best places to work by Built in Colorado three years in a row.

For more information, visit www.ursamajor.com

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Ursa Major

media@ursamajor.com

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SOURCE Ursa Major Technologies

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PROPERTY MELD EXPANDS PROPERTY MAINTENANCE OPERATIONS WITH ADDITION OF ZINSPECTOR INTEGRATION

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RAPID CITY, S.D., March 13, 2025 /PRNewswire/ — Property Meld, the leading property maintenance platform for property managers, announces its strategic integration with zInspector, highlighting its commitment to advancing property maintenance operations (PMO). This partnership marks a significant leap in unifying inspections and maintenance, enhancing efficiency while capturing reliable data for smarter maintenance decisions, naturally propelling PMO to the next level.

This partnership fits into Property Meld’s broader plan for ‘Nexus’, its initiative to bring every facet of maintenance operations together. ‘Nexus’ embodies its purpose: a connection point that eliminates inefficiencies, drives data-driven decisions, and redefines property maintenance. From vendor management to property accounting integrations, Property Meld is creating the future of property maintenance through connectivity—and the integration with zInspector’s inspection platform is helping bring that vision to life.

“Everyone knows that the property management industry continues to evolve at top speed, and data is the key to making informed decisions,” says Ray Hespen, CEO and Co-Founder of Property Meld. “With zInspector on board, we’re delivering on our promise to expand the Nexus ecosystem and give property managers the visibility they need to tackle maintenance issues head-on, and ultimately protecting investor returns.”

“At zInspector, we are dedicated to making property inspections as thorough and seamless as possible,” said Andrew Wallace, CEO and Founder of zInspector. “By integrating with Property Meld, we’re enabling property managers to take immediate action on inspection work, ensuring maintenance needs are addressed with speed and precision. This partnership represents a major step forward in how inspections and maintenance work together in the industry.”

This integration goes far beyond simply syncing zInspector’s inspection solution with Property Meld’s maintenance platform. By leveraging the data captured during every inspection, property managers gain deeper insights into their operations, allowing them to optimize workflows, reduce downtime, and ultimately boost profitability.

Additionally, Property Meld and zInspector will co-host a webinar on March 19, providing property managers with insights into how this partnership will optimize overall operational performance and the force behind a strong inspections and maintenance integration. For more details on this integration, visit www.propertymeld.com or www.zinspector.com.

About Property Meld
Property Meld is a property maintenance operations platform designed to enhance efficiency and provide clear oversight through improved data visibility. It significantly reduces repair times while optimizing and documenting communication to create a better experience for all stakeholders. Property Meld offers valuable performance metrics, enabling data-driven decisions to drive growth and profitability. Seamlessly integrating with leading property accounting software, it is an essential tool for modern property management.

About zInspector
zInspector is an industry-leading property inspection platform designed to streamline documentation, enhance transparency, and simplify inspections for property managers and owners. Through its advanced technology, zInspector ensures accurate, data-driven insights that support better property management decisions.

Contact: Madison Zimmerman, Property Meld
Phone: (605) 431-0265
Email: madison@propertymeld.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/property-meld-expands-property-maintenance-operations-with-addition-of-zinspector-integration-302401566.html

SOURCE Property Meld

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Skylark Labs Reveals Scout MK I: Next-Generation Privacy-Preserving Public Safety Platform

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NEW YORK, March 13, 2025 /PRNewswire/ — Skylark Labs, a leading provider of AI-powered security and safety solutions, today announced the launch of Scout MK I AI Tower, an advanced mobile surveillance system designed specifically for public safety applications within the United States. This cutting-edge system leverages Skylark Labs’ proprietary Kepler AI platform to deliver unprecedented threat detection capabilities for law enforcement agencies, public event managers, and construction site operators across America.

Following the successful deployment of the Scout MK II for border security operations, Skylark Labs has adapted its revolutionary technology to strengthen security within American communities. As public spaces face increasingly complex safety challenges—from unauthorized access at construction sites to dangerous situations at community events—conventional surveillance systems typically sacrifice either comprehensive coverage or individual privacy. The Scout MK I AI Tower integrates multiple proprietary privacy-preserving sensors with adaptive AI for rapid deployment in any environment where public safety monitoring is needed.

MOBILE MK I MONITORING PLATFORM

The Scout MK I features a compact 20-50 feet telescoping design that deploys in under an hour and operates for 72+ hours on integrated solar power, eliminating the need for fixed infrastructure or external power sources. The system integrates proprietary privacy-preserving spatial mapping technology, multi-spectrum imaging, advanced radar, and AI-powered audio analysis into a rapidly deployable tower. The system’s onboard Kepler AI can detect weapons, unauthorized access, violence, crowd formations, and destructive activities in real-time. The audio analysis system identifies critical sounds including gunshots, breaking glass, and distress calls. The system can be fully operational within 60 minutes at construction sites, public events, critical infrastructure, or remote locations without existing security infrastructure.

PROPRIETARY PRIVACY-PRESERVING MULTI-SENSOR APPROACH

The Scout MK I’s privacy-preserving design creates a crucial balance for modern policing. By using proprietary spatial sensors rather than continuous video surveillance, the system protects privacy while maintaining security effectiveness. This approach allows police departments to deploy advanced monitoring in privacy-sensitive locations, reducing both community resistance and data storage requirements. When threats are detected, targeted visual verification activates only as needed, ensuring effective response without unnecessary surveillance of law-abiding citizens.

REVOLUTIONARY ADAPTIVE INTELLIGENCE

At the heart of the Scout MK I is Skylark Labs’ groundbreaking Kepler adaptive AI platform—a breakthrough on-device intelligence system that learns instantly from new environments without pre-training, detects threats proactively through multi-sensor analysis, operates entirely on-device with no external data transmission, adapts continuously to evolving security challenges, and maintains complete functionality without internet connectivity.

“What makes our Kepler platform revolutionary is its ability to recognize potential threats before they fully manifest,” explains Dr. Amarjot Singh, CEO of Skylark Labs. “The system begins learning immediately upon deployment, identifying normal patterns and distinguishing them from potential threats without requiring massive datasets or cloud connectivity. As it encounters new scenarios, it continuously refines its detection capabilities, dramatically reducing false positives while ensuring genuine threats aren’t missed.”

PROVEN TECHNOLOGY

The Scout MK I AI Tower is already being used by public safety clients across the United States.

“As security professionals, we’re constantly balancing effectiveness against resource constraints,” notes Greg West, Western Hemisphere Consulting. “The Scout MK I’s combination of mobility, adaptive intelligence, and privacy protection solves our most pressing operational challenges while building community trust. Its ability to continuously improve threat detection while reducing false alarms addresses the fundamental limitations we’ve faced with previous technologies.”

The Scout MK I AI Tower is now available for demonstration and deployment to qualified agencies and security operators across the United States. For more information about Skylark Labs’ public safety solutions, please visit Mobile Tower System: Advanced Multi-Sensor Surveillance Platform | Skylark Labs.

ABOUT SKYLARK LABS

Skylark Labs is a U.S.-based artificial intelligence company that is revolutionizing AI with adaptive technology that learns on any device from a single experience. Our brain-inspired architecture enables AI that adapts continuously like the human brain, eliminating operational disruptions while reducing costs. As a U.S.-based company, we specialize in advanced AI solutions for defense and security, delivering actionable intelligence at the tactical edge for enhanced situational awareness.

For more information, please contact us at info@skylarklabs.ai.

View original content to download multimedia:https://www.prnewswire.com/news-releases/skylark-labs-reveals-scout-mk-i-next-generation-privacy-preserving-public-safety-platform-302401570.html

SOURCE Skylark Labs, Inc.

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