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B2Gnow Launches Certification Sharing Functionality Supporting Interstate Application Timelines; Strengthens Position as DBE/ACDBE Compliance Software Leader

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PHOENIX, Jan. 7, 2025 /PRNewswire/ — B2Gnow, a leading provider of business diversity, labor compliance, and grant management solutions, has been equipping customers with essential tools to comply with the US Department of Transportation’s (USDOT) recently updated DBE (Disadvantaged Business Enterprise) and ACDBE (Airport Concession Disadvantaged Business Enterprise) program requirements. Building on these efforts, the company is excited to announce its new DBE Certification Sharing functionality, designed to facilitate agencies’ interstate certification requests in compliance with the new USDOT rules for interstate certifications (§ 26.83(d) & § 26.85(g)).

The 2024 Final Rule introduced new procedures for Disadvantaged Business Enterprise (DBE) certifications when businesses certified in one state apply for certifications in different states. Agencies can no longer ask applicants for extra information directly. Instead, they are required to request the certification and eligibility information about the applicant from the state where the applicant was initially certified (the Jurisdiction of Original Certification (JOC)). The JOC agency must then share the information with the secondary agency within 30 days. However, agencies must approve the application within 10 days, regardless of whether they have reviewed or even received the additional information, meaning concerns about eligibility may only be addressed after approval.

Because state DOTs are typically charged with overall responsibility and maintenance of DBE/ACDBE certifications in their home states, the new requirements significantly impact them and can cause non-compliance issues. B2Gnow’s DBE Certification Sharing functionality is designed to streamline the interstate DBE certification process by enabling the efficient and secure sharing of essential certification materials between agencies across different states. 

When a vendor certified as a DBE in one state seeks DBE certification in another state, they can complete a simplified interstate application online through the B2Gnow system. As established by the new rule, this interstate application allows the vendor to affirm their eligibility by referencing their existing certification with their JOC. Available at no cost to B2Gnow certification management customers, the B2Gnow system facilitates the requesting and digital sharing of additional information from their original application and review process, effectively reducing the administrative burden, providing a secure and seamless process, and achieving final rule compliance.

With deep expertise in the DBE landscape, B2Gnow fully understands the recent regulatory changes and has updated its system to ensure compliance with reporting and program-specific requirements. Many of the new rules were already aligned with B2Gnow’s existing capabilities, and the company has tailored additional features necessary to meet the latest requirements seamlessly.

“These rule updates were a big change for our customers, and we were ready,” says John Garay, Vice President of Product at B2Gnow, “We created an internal launch team that analyzed the draft rules, and then we worked together to understand the impact, implement the changes, and communicate the updates with our customers. We’ve kept customers compliant with the new rules while adding valuable new functionality to our platform.”    

Since the enactment of the 2024 DBE/ACDBE rule changes, B2Gnow has implemented a comprehensive set of platform-wide updates and enhancements to ensure compliance with these regulations and to optimize agency operations. In addition to certification sharing, key updates include streamlined certification procedures, enhanced functionality related to the Personal Net Worth (PNW) limit, additional fields and capabilities associated with MAP-21 reporting, comprehensive tracking and reporting tools for Commercially Useful Function (CUF), upgraded subcontractor management, improved public certification directories, and more.

Please visit https://b2gnow.com/solutions/business-diversity/ to learn more about how B2Gnow supports DBE programs, as well as a wide range of other supplier diversity, prevailing wage labor compliance, and grant management initiatives.

About B2Gnow:

B2Gnow is a leader in providing business diversity, labor compliance, and grant management solutions. With a focus on compliance and equity, B2Gnow’s innovative software streamlines vendor certification, project data collection, compliance, and reporting processes, ensuring transparency and fairness in contracting practices. B2Gnow maintains North America’s largest database of over 500,000 certified, disadvantaged business entities, helping the federal government, more than half of state governments, hundreds of counties, cities, airports, general contractors, and Fortune 500 companies manage their supplier diversity and compliance programs through technology solutions for 25 years. For more information, visit https://b2gnow.com.

Contact:
Erin Westerman
B2Gnow
725 W McDowell Rd.
Phoenix, Arizona, 85007
erin.westerman@b2gnow.com

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SOURCE B2Gnow

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NAVEE Launches ST3 Pro and GT3 Pro at CES 2025, Receives UL and TÜV Rheinland Certifications

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LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — NAVEE, a global leader in intelligent short-distance mobility, today announced the North American launch of its flagship electric scooters, ST3 Pro and GT3 Pro, at CES 2025. The event, running from January 7 to January 10, also marks the company’s achievement of two prestigious awards that validate its leadership in smart mobility.

UL verification: Micromobility Performance Range, Energy Consumption and Acceleration

During CES, UL awarded the ST3 Pro-U and GT3 Pro-U with the “Micromobility Performance Range/Energy Consumption/Acceleration” verification. This recognition validates NAVEE’s engineering excellence, with both scooters exceeding rigorous standards for range, energy efficiency, and acceleration. Bryan Bai, NAVEE’s Vice President and Head of North American Sales, and Sherry He, vice president and general manager of Consumer, Medical and Information Technologies at UL Solutions, presided over the award ceremony.

TÜV Rheinland Certification: Range at Max. Speed

Simultaneously, TÜV Rheinland granted the ST3 Pro its “Range at Max. Speed” certification, verifying that the scooter delivers on its promised maximum speed range capabilities. Jay Yang, Vice President of Greater China Electrical at TÜV Rheinland, presented the certification to NAVEE, underscoring the scooter’s exceptional performance standards.

“These launches at CES 2025 represent a significant milestone in our mission to advance smart mobility technology for consumers worldwide,” said Lu Jian, Brand Representative of NAVEE. “The UL verification and TÜV Rheinland certification demonstrate our unwavering commitment to excellence and validate the real-world performance our customers can expect.”

ST3 Pro and GT3 Pro: Redefining Smart Mobility

The ST3 Pro and GT3 Pro represent the next evolution in urban transportation. Engineered for the demands of modern city commuting, these premium electric scooters combine exceptional range and acceleration with sophisticated smart features. The prestigious UL verification and TÜV Rheinland certification affirm NAVEE’s position as an industry pioneer in electric mobility innovation.

About NAVEE

Founded in 2021, NAVEE has quickly emerged as a leader in the global electric mobility market. With a presence in over 30 countries and more than 200,000 users, NAVEE is revolutionizing urban commuting with stylish, reliable electric scooters. The company continues to invest heavily in research and development, ensuring it remains at the forefront of innovation in the electric mobility sector.

For more information, visit: NAVEE Official Website https://www.naveetech.com/

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SOURCE NAVEE

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Fintech nsave launches investment platform, offering people from distressed economies protection from inflation with compliant and safe investments abroad

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nsave offers trusted dollar, sterling or euro accounts abroad to people from high inflation countries.Customers can now access a range of US equities, ETFs and funds.TQ Ventures leads $18mn financing, with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton.

LONDON and GENEVA, Jan. 10, 2025 /PRNewswire/ — nsave, the provider of trusted, compliant accounts abroad to people from countries with high inflation, has today announced the launch of an investment product, enabling people at risk of financial exclusion to protect and grow their wealth.

The company also confirmed an $18mn Series A investment led by TQ Ventures with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton Foundation, to accelerate their growth.

Today’s means customers can access US equities, ETFs and soon funds managed by some of the world’s largest asset managlaunchers via the nsave app, subject to onboarding and compliance checks.

By working with regulated financial institutions and banking partners in the UK and Switzerland, nsave offers safe and compliant accounts abroad, democratising offshore services to millions of people affected by high inflation or economic uncertainty in their home countries.

nsave’s customers include young professionals who move abroad and face exclusionary and outdated compliance processes due to their country of birth, alongside people from high inflation economies, who fear their life savings will be wiped out.

Based in London and Geneva, nsave is led by former Rhodes Scholars Amer Baroudi and Abdallah AbuHashem.

nsave CEO Amer Baroudi said: “Our vision is to go beyond just protecting everyday people’s wealth by enabling safe and compliant accounts abroad, but to enable them to grow it, too.”

“For some of our customers, this is the first time they can access trusted investment services securely. We believe your passport shouldn’t determine your path to prosperity. Our compliance-by-design approach enables us to offer services safely to many more people.” 

TQ Ventures co-founder and co-managing partner, Schuster Tanger, said: “nsave is tapping into a massive market of individuals underserved by existing financial services who need secure, stable financial solutions.”

“From the outset, I was impressed by nsave’s unique approach and the strength of their team, no doubt a function of Amer and Abdallah’s own lived experience of these challenges. We’re thrilled to roll up our sleeves with nsave to create a more inclusive financial system.”

Contact:
press@nsave.com

 

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Vietnam’s Youth Rally Behind Blockchain: KuCoin Reveals Groundbreaking Insights at VTIS 2024

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HANOI, Vietnam, Jan. 10, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is excited to share the findings from its second edition of the KuCoin Campus Survey, conducted during the Vietnam Technology & Investment Summit (VTIS) 2024. With 926 participants surveyed from December 3rd to December 4th, 2024, the results underscore the vibrant interest in blockchain technologies among Vietnam’s youth, reinforcing KuCoin’s commitment to nurturing this vital market.

The survey, a key initiative under KuCoin Campus, highlights a strong, positive sentiment towards cryptocurrencies, with 92% of participants optimistic about the future of digital assets. Remarkably, 82% of respondents are considering blockchain-related careers, signaling a burgeoning talent pool eager for development and opportunities within the industry.

Vietnam’s strategic importance to both KuCoin and the broader crypto community is evident as 68% of participants expressed a “very high interest” in blockchain, making it a critical hub for crypto innovations and community engagement. Additionally, 73% of respondents currently hold cryptocurrencies, demonstrating a mature market ready for further expansion and adoption.

The survey also uncovered a significant inclination towards diverse blockchain roles, with data analysis (24%), marketing (22%), and business development (21%) being the most coveted. These insights are invaluable as they highlight the areas of highest potential and interest among the future workforce.

Vietnam has been and will continue to be a key market for us,” said Alicia Kao, the Managing Director of KuCoin. “As the People’s Exchange, we are committed to empowering and equipping this new generation with the tools they need to succeed in the evolving digital landscape.”

View the full report here (EN version, VN Version), or visit KuCoin’s official website for further information.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.

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