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CleverTap’s Fintech Benchmark Report: Only 1 in 5 users that install fintech apps sign up within week one

CleverTap

CleverTap, the modern integrated retention cloud, released its Industry Benchmark Report for Fintech Apps 2022. As fintech apps continue to grow more popular, the number of players vying for market share has increased. This has subsequently reduced customer retention and “stickiness” for any one brand. Therefore, today more than ever, it is crucial that fintech companies find ways to drive customer “stickiness” by engaging users in effective ways that eventually drive transactions and fuel growth. The report reflects data collected from Asia-Pacific, Europe, India, Latin America, Middle-East, and North America. The report gives marketers a truly holistic view of key metrics within the fintech app landscape.It also spans a wide variety of fintech apps, including, but not limited to, mobile payment apps, cryptocurrency, and block chain services, along with banking and insurance among others. These insights will not only serve as a helpful starting point for developing successful engagement strategies, but also assist in understanding how an app fares in comparison to global averages. Some of the key metrics in the report include: Install to sign-up rate: Only 1 in 5 users that install fintech apps (21%) end up signing up within the first week. Average time to sign-up: 70% of the users that sign-up, do so within 75 seconds of launching the app for the first time. Sign-up to conversion rate: 95% of newly signed-up users make at least one financial transaction in the first month. Average time to convert: 76% of newly signed-up users move from onboarding to deeper-in-the-funnel engagement within an average of 7 days. Session frequency: On average, fintech app users launch their app around 11 times a month. Average repeat transaction rate for new users: 15% of newly signed-up users complete more than one transaction in the first week. Average click-through rate for push notifications: On average, 9% of Android users and 6% of iOS users will click on and interact with push notifications. Average click-through rate for in-app notifications: The click-through rate for in-app notifications is 24%, that’s about 3 times more than that of push notifications. Average email open rate: 34% users open emails sent by fintech companies Average Stickiness Quotient: Fintech apps enjoy a stickiness quotient of 22%, that indicates nearly one-quarter of MAUs consistently return to their fintech apps “The fintech industry has seen exponential growth in the last few years. Given the relentless competition within the space, fintech platforms need to step up their Omnichannel engagement efforts to better retain customers,” said Jacob Joseph, VP-Data Science, CleverTap. “The benchmark metrics laid out in our report provide a great starting point for growth marketers looking to develop effective marketing strategies. They will be able to compare numbers against global averages and pinpoint which aspects they are excelling at and which areas could use some attention or innovation.” 95% of new fintech users complete a monetary transaction in the first month. This shows that while users see value in fintech apps, it’s important to adopt customized user engagement strategies to boost retention on the platform. Today there is a real need for fintech brands to bake-in effective marketing strategies within their apps. Users will remain responsive as long as the experience is engaging and seamless. The benchmark report helps fintech apps understand how to build successful mobile communication campaigns, and also allows growth marketers to discover areas that require greater focus. The report can be downloaded here. About CleverTap CleverTap is the World's #1 Retention Cloud that helps app-first brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product. The platform is powered by TesseractDB™ - the world’s first purpose-built database for customer engagement, offering both speed and economies of scale. CleverTap is trusted by 2000 customers, including Gojek, Electronic Arts, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa Johns, and Tesco. Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, São Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter. Forward-Looking Statements Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release. Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction. Contact Details Sony Shetty sony@clevertap.com Company Website https://clevertap.com/

February 27, 2023 02:51 PM Eastern Standard Time

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Unith CEO says new funds will help develop its Talking Head platform with ChatGPT features

Unith Ltd

Unith Ltd CEO Idan Schmorak tells Proactive's Stephen Gunnion the company is strongly positioned at the forefront of the conversational AI industry thanks to its unique proprietary technology. He said an upsized A$4.5 million placement, as well as a further A$500,000 share purchase plan to eligible shareholders, means the company is well funded to continue developing ChatGPT-driven conversational AI features into its Talking Head platform. Contact Details Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

February 24, 2023 11:18 AM Eastern Standard Time

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Gamelancer Media deepens partnership with Snap Inc. for more creator and revenue opportunities

Gamelancer Media Corp

Gamelancer Media chairman and CEO Jon Dwyer joins Proactive's Natalie Stoberman to discuss how the company is deepening its partnership with Snap Inc. Dwyer said Gamelancer Media aims to include additional programs and creator partnerships through the growing engagement across its 29 Snapchat channels. With subscribers and revenues continually increasing, growing the existing partnership is a natural next step, he added. Gamelancer Media's total Snapchat presence sits at just over 3.7 million subscribers to date and generates over $440,000 in recurring monthly revenue across 23 channels. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

February 24, 2023 11:10 AM Eastern Standard Time

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Beldex Raises 25M From Web3 Investor DWF Labs

Benzinga

Mahe, Seychelles (Feb 23, 2023) Beldex, a leading privacy-based crypto ecosystem has partnered with DWF Labs, a prominent digital asset market maker and multi-stage Web3 investment firm. DWF supports Beldex, and has committed $25M for the research and development of the Beldex network and ecosystem. DWF will act as the primary supporter and counselor of the Beldex project, aiding in marketing activities to improve the ecosystem participants and the reach of the project. "We are excited about Beldex's ecosystem, which offers scalable and secure decentralized applications prioritizing privacy.” said Andrei Grachev, the Managing Partner of DWF Labs. “The BDX token is integral to this ecosystem, providing a secure means of payment and incentives for users to contribute. We believe that Beldex's innovative solutions and focus on privacy and decentralization make it a strong player in the cryptocurrency space." Beldex provides unique, privacy-preserving, decentralized solutions to mask one’s online identity with its dApps like BChat, BelNet, the Beldex browser, and the Beldex privacy protocol. The dApps of the Beldex ecosystem are interoperable and provide the highest level of autonomy and anonymity to users. Chairman Afanddy Bin Hushni of Beldex said “our ecosystem is rapidly expanding. Both BChat and BelNet are live and we’re adding new features to them while actively working on the research and development of the Beldex browser, another key product in our ecosystem. Our research wing is also researching the integration of EVM to the Beldex mainnet which will allow developers to build privacy preserving smart contracts with use-cases that weren’t possible before.” With its dApps and the integration of EVM, Beldex will bring to Web3, a new paradigm of products that help provide community and enterprise blockchain solutions, some of which may include a highly private, secure, and reliable open-source network for sensitive data transfer and authentication and secure storage to name a few. Discord: https://discord.com/invite/Hj4MAmA5gs Twitter: https://twitter.com/BeldexCoin Telegram: https://t.me/official_beldex About DWF Labs DWF Labs is the global digital asset market maker and multi-stage Web3 investment firm, supporting portfolio companies from token listing to market making to OTC trading solutions. With offices in Singapore, Switzerland, the UAE, Hong Kong, South Korea and BVI, DWF Labs is part of the parent firm Digital Wave Finance (DWF), which consistently ranks among the top 5 trading entities by volume in the cryptocurrency world through its proprietary technology for high frequency trading. About Beldex Beldex is a private Web3 ecosystem building decentralized privacy-preserving applications that help protect user data and identity online. The ecosystem consists of BChat, a private messaging app, BelNet, a decentralized VPN service, the Beldex browser, an ad-free Web3 browser and the Beldex privacy protocol, a cross-chain asset anonymizer. Contact Details Shawn Gabriel shawn@beldex.io Company Website https://beldex.io/

February 23, 2023 01:30 PM Eastern Standard Time

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Asure Software (NASDAQ: ASUR) Sets the Tone for 2023 with Intuit (NASDAQ: INTU) TurboTax and ZayZoon Collaborations, While Institutional Investors Boost Positions

Benzinga

By Spotlight Growth U.S. stocks surged in January 2023, as Q4 2022 financial results were not quite as bad as many analysts and experts feared. As a result, the S&P 500 (NYSE: SPY) jumped 6.18%, Dow Jones Industrial Average (NYSE: DIA) climbed 2.83% and the Nasdaq (NASDAQ: QQQ) shot up a whopping 10.6% in January 2023 alone. According to S&P Global, the somewhat better-than-expected Q4 results, combined with a late Santa Claus rally and early-year bargain hunting after a brutal 2022, are seen as the key catalysts that drove U.S. stocks to impressive returns to kick off the first month of 2023. However, as we approach March 2023, the “big three” stock indices have since given up nearly all of their gains. As of this writing, the S&P 500 and the Dow Jones Industrial Average have turned slightly negative on the year, while the Nasdaq barely holds on to a 0.08% gain YTD. Despite the continued volatility and “kangaroo market” conditions in early 2023, Asure Software (NASDAQ: ASUR) is picking up right where it left off in 2022. The Human Capital Management (HCM) solutions provider has continued its outperformance, as the company continues to collaborate and leverage key partnerships and provide small-to-medium businesses (SMBs) with the tools needed to remain nimble during the economic uncertainty, while still attracting top-tier employee talent. Asure’s strong 2022 performance and strong start to 2023 are certainly turning heads in the institutional investor community. Let’s dive deeper to understand Asure’s early accomplishments so far this year. New ASUR Collaboration: TurboTax, H&R Block, & ZayZoon Kicking off 2023, Asure sought to bolster its tax prep integrations and features to help employees of SMBs to streamline their tax filing process. To accomplish this task, Asure Software teamed up with the two biggest consumer tax preparation companies in the United States: Intuit (NASDAQ: INTU) TurboTax and H&R Block (NYSE: HRB). The TurboTax and H&R Block integrations are a massive milestone for Asure. Not only does the integration help boost Asure’s profile, but it is also a tremendous win for the company’s clients, which now can offer their employees with streamlined integration of their W-2 tax forms directly into the number 1 and 2 market leaders in the consumer tax prep industry. According to AccountingToday, TurboTax is the number one consumer tax prep company, with an estimated market share of around 30%. Slintel notes that H&R Block is second with a 24.48% market share. “Our goal is to simplify HR and payroll processes for small businesses, which includes identifying ways to help our clients attract new employees now that the war for talent has hit Main Street,” said Pat Goepel, Chairman and CEO of Asure. “We are thrilled to partner with Intuit and offer employees of our clients a seamless and efficient solution for tax filing.” Intending to help SMB clients continue increasing their competitiveness for top-tier employee talent, Asure’s most recent partnership with ZayZoon is a perfect match. ZayZoon is engaged as a market leader in earned wage access and employee financial wellness services. Under the partnership, ZayZoon will integrate its tech solutions with Asure’s payroll and time & attendance solutions to enable employees to obtain real-time wage data. The goal of this integration is to provide SMBs with tools to help employees stay engaged, reduce financial stress and increase retention and productivity. “Financial pressures can impact employees across all industries and job types. By partnering with ZayZoon we can help ease that burden by offering small business employees the option to access the funds they've earned faster when they need them most," said Pat Goepel, Chairman and CEO of Asure. “Earned wage access is fast becoming a necessity in the war for talent and we’re pleased to join forces with ZayZoon to deliver this competitive advantage to main street.” Wall Street Taking Notice of Asure Software One of the greatest forms of validation a public company can receive is strong support from the Wall Street community. Before October 2022, Asure’s top investors were mostly corporate insiders and managers. By the end of 2022, institutions were piling into the HCM provider. Aside from institutional investors, the Wall Street analyst community has been very bullish and supportive of Asure Software as well. Between November 2022 and February 2023, 50 institutions, insiders and big private investors added to their Asure Software positions, while 29 entities cut their positions in the HCM provider. This is a very good parity, which nearly shows there were two investors adding shares for each seller during the period. Top Institutional Shareholders 1. Private Capital Management, LLC: 3,797,305 shares of ASUR Private Capital Management, LLC is a Florida-based asset manager and the largest institutional shareholder of Asure Software, as of December 31, 2022, with a total stake of just under 3.8 million shares. This gives the investor 18.84% control of the company, as noted in a recent 13G filing. 2. ArrowMark Colorado Holdings, LLC: 1,778,292 shares ArrowMark Colorado Holdings aggressively added to its position in late 2022. The Denver, Colorado-based investor increased their stake by an additional 223,525 shares to reach a new total position of 1,778,292 shares, as of December 31, 2022. This represents an 8.82% ownership of Asure Software. 3. Archon Capital Management, LLC: 1,294,987 shares Based out of Seattle, Washington, Archon Capital Management is the third largest shareholder of the HCM provider, with a total stake of 1,294,987 shares, as of the end of 2022. This gives the asset manager a 6.42% stake in Asure. Analyst Updates Since the start of 2023, three analysts covering Asure stock have held their "buy" ratings and increased their price targets in the range of $12 to $14. Joshua Reilly of Needham reiterated his “buy” rating and a $14 price target in early January 2023. Four-star analyst, Eric Martinuzzi of Lake Street, also took the opportunity to reiterate a “buy” rating and a $12.00 price target in January. Vincent Colicchio, a five-star analyst from Barrington, assigned Asure a “buy” rating and a $12 price target in February 2023. Mr. Colicchio joins Richard Baldry of Roth Capital as the only two five-star analysts covering the HCM provider. Mr. Baldry last reiterated a “buy” rating and a $16 price target in March 2022. Overall, Asure Software is finally beginning to gain the recognition from Wall Street it has rightfully deserved. The company’s operational success and resilience amid a very volatile market and uncertain economic environment have certainly caught the attention of the investment community. Furthermore, Asure’s continued partnership outreach and integrations are not only giving SMB clients a notable edge in their HCM efforts but also serving as a validation for Asure as a business. Think about it…not too many other small-caps can say they have partnerships with major, household entities like Intuit TurboTax, H&R Block, Equifax (NYSE: EFX), and more. With 2023 shaping up to feature similar macroeconomic uncertainties as 2022, SMBs will likely continue to heavily rely on HCM services, like those offered by Asure, to help cut costs, streamline operations, and remain competitive in the employee talent search. Overall, 2023 is shaping up to be another break-out year for Asure Software. Disclaimer: Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement. All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated five thousand dollars cash by Asure Software for the creation and dissemination of this content by the company. This material does not represent a solicitation to buy or sell any securities. Certain statements contained herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company's plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company's industry, management' beliefs and certain assumptions made by management. The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings. Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions. Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/ Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

February 23, 2023 01:00 PM Eastern Standard Time

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Expert Tips for Investing in 2023

YourUpdateTV

The world of money and investing reached an important milestone recently: the 30th anniversary of the very first exchange traded fund launched in the U.S. The SPDR® S&P 500® ETF – simply referred to as “SPY”- made its debut in January of 1993, revolutionizing the way investors big and small invest. 30 years later SPY has become the largest exchange traded fund in the world, with more than $355 billion in assets. But what is an ETF? How do they work? And how do we know which one is right for us? Recently, Allison Bonds, Head of Private & Independent Wealth Management at State Street Global Advisors participated in a nationwide satellite media tour to discuss the 30th anniversary of SPY and the impact ETFs have had on investors. A video accompanying this announcement is available at: https://youtu.be/0ovMXGxmqKc While ETFs are not new, even the most novice of investors can now transform their investment portfolios and potentially reduce the cost of investing. According to a recent study from State Street Global Advisors, over half of U.S. investors with ETFs in their portfolio believe they have made them a better investor, and nearly 60% say ETFs have improved the overall performance of their portfolio. Today, ETFs have become core building blocks for investors making decisions about where to put their money to work in the market. The growth of ETFs to include different types of funds in a variety of asset classes has further added to their appeal with investors who value having choices. Overall, the perceived benefits ETFs have brought to investors globally is overwhelmingly positive- whether or not they even own ETFs. More than half agree ETFs are an investor-friendly investment product (58%) and are better diversified than other investment products (54%). Toward the end of 2022 SPY was trading three times more than Apple — the largest security in the world by market cap. That volume, combined with the size of SPY’s assets,, liquidity, and resilience, has been vital to investors as they construct asset allocation portfolios and navigate extreme market events. For more information, visit ssga.com About Allison Bonds Allison Bonds is a Managing Director of State Street Global Advisors and Head of the Private Wealth Management & Independent Wealth Management for the US SPDR ETF business. In this role, Allison is responsible for defining and leading the SPDR ETF distribution strategy, including management of the sales and national accounts teams, across the wirehouse, regional broker-dealer and private bank channels. She is a member of the US SPDR Senior Leadership Team and the State Street Global Advisors Senior Leadership Team. Allison is a graduate of Cornell University, where she received a BS in marketing. She is a member of the Investment Management Consultants Association and maintains the Certified Investment Management Analyst (CIMA) designation from The Wharton School, University of Pennsylvania. She also holds the Certified Private Wealth Advisor (CPWA) designation from The Booth School of Business, University of Chicago. She maintains her FINRA series 7, 66, 9, 10, and 24 licenses. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

February 23, 2023 10:00 AM Eastern Standard Time

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Web3 and the Metaverse embrace trust and privacy with Liquid Avatar's ‘Proof of Humanity’ technology

Market One

Jim Gordon Hi, I am Jim Gordon and you're watching Market One Minute. Joining us is David Lucatch, CEO, President and Chair of Liquid Avatar Technologies. David, welcome. David Lucatch Thank you for having me here today as well. Jim Gordon Great to have you, sir. Okay. What is Proof of Humanity and why is it important to the evolution of the internet? David Lucatch Well, Proof of Humanity is the ability to prove that I'm a real person. So what does that really mean at the end of the day? Well, we know that online, we're usually anonymous and we have no data. We use a username and a password to get in and we could have 50 accounts, we could be good we could be bad, we could be fake, there's so many opportunities when we think about no identity. Then at the other end of the spectrum there is what we call KYC, Know Your Client or Customer, which is a bank rate verification which proves I am exactly who I am, and that usually means that I have to give up my driver's license or passport. And in many cases, that's too much information to either give out or to put in someone's hands. Proof of Humanity is in the middle. It allows me to verify that I'm a real person using biometrics verifying my device and self-attesting, giving my age. That creates a verifiable credential. It creates a piece of encrypted data that you can use at your discretion to pass to websites and organizations when you want to prove that you're a real person. The benefit of it is that you can use that Proof of Humanity instead of a username or password when signing onto a website or any type of online platform. This creates value for the user and for the system because they know only real people are inside their platform. Jim Gordon And can you explain to us how digital footprints support online economic growth? David Lucatch Well, when you think about digital footprints or Proof of Humanity and economic growth, many sites today are plagued by fake accounts, duplicate accounts, and even bad actors. People who presume to be someone else and do potentially nefarious things. Proof of Humanity puts everybody on the same level playing field. It creates the ability for me as a user to share information when I choose to do so and still remain anonymous. That allows websites and other organizations and other platforms to really create new and engaging services based on having real people on their platform, which has great economic value because I'm not servicing or managing bad accounts or fake accounts and I'm able to grow my business with real users and real data. Jim Gordon Okay David, you've explained to us how digital footprints support online economic growth. How is Liquid Avatar Technologies helping to make this happen? David Lucatch Well, at Liquid Avatar, we really focus it on three things. We focus on digital footprints, avatars, and digital goods and the Metaverse. And if we really look at the beginning digital footprints, digital footprints help us assure, create high levels of assurance that all the users in our platforms are real people. We can also take that those credentials are transportable, so users from our platform can take them to other platforms that are enabled with Proof of Humanity and the Liquid Avatar mobile app that is now available in over a hundred countries, and regions around the world. This allows us to support the economic growth of the emerging Web 3.0 environment as we move from Web 2.0. Jim Gordon And what will be the key revenue drivers for the company? David Lucatch So when we look at the key revenue drivers behind digital footprint, we look at the credential itself that a company may want to have. So if you work for an organization and you're online they may want you to have a credential that proves that you're a real person and may also prove who you are. And so creating those credentials initially has a start-up cost which creates economic value for Liquid Avatar. Plus, the use of those credentials will have small micro charges that are transactional. And there's lots of different types of credentials, not only proof of humanity and full digital identity, but we look at marketing credentials and access credentials and validation credentials for a whole load of different opportunities in the emerging Web 3.0 ecosphere. Jim Gordon And lastly, what do you believe is the main catalyst for this next evolution? David Lucatch Well, I think as we move from Web 2.0 to Web 3.0, and I know that a lot of people are thinking, well, what's Web 2.0? And what's Web 3.0? Web 1.0 was the informational age, Web 2.0, it was the social media age. And as we go to Web 3.0, which includes immersive technologies like the Metaverse virtualization, augmented reality, extended reality, all the new types of things that will really create immersive environments. I think it behooves ourselves to ensure that we have only real people in our platforms. But because there's been no type of identity verification, that's allowed bad accounts, fake accounts, duplicate accounts, to permeate the ecosphere, and as such really creates a lesser value for both individuals and online sites. I think by driving forward with Proof of Humanity and digital credentials and the digital footprint, we're going to see great economic growth. Jim Gordon David, thank you for joining us. David Lucatch Thank you very much This article was originally published on Benzinga here. About Liquid Avatar Technologies Inc. Liquid Avatar Technologies Inc. (CSE: LQID | OTCQB: LQAVF | FRA: 4T51) focuses on the verification, management and monetization of Self Sovereign Identity, empowering users to control and benefit from the use of their online identity. About Market One Market One has one goal – to connect public companies with retail investors through compelling stories that ignite, inspire, and lead to action. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Investor Relations ir@liquidavatar.com

February 23, 2023 09:50 AM Eastern Standard Time

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Shareholders Call Out JPMorgan Chase for Aiding & Abetting Jeffrey Epstein While De-Banking Conservatives

National Legal & Policy Center

Following the disclosures released last week that megabank JPMorgan Chase & Co. (“Chase”) knowingly allowed sex trafficker Jeffrey Epstein to maintain accounts with which he made multiple payments to his victims – collectively exceeding $1 million – two shareholder groups are pointing out hypocrisy at the bank, and are calling upon it to implement transparency measures and to disclose its policies about whom it does and doesn’t provide services to. According to information in a federal lawsuit by the government of the Virgin Islands against Chase, as early as 2006 the bank’s Global Corporate Security Division flagged “[s]everal newspaper articles... that detail the indictment of Jeffrey Epstein in Florida on felony charges of soliciting underage prostitutes.” According to a report by LawAndCrime.com, four years later Chase’s risk management division raised questions in an internal email about fresh accusations against Epstein. “See below new allegations of an investigation related to child trafficking – are you still comfortable with this client who is now a registered sex offender[?]” The concerns were dismissed and Epstein’s accounts at Chase remained open. Both National Legal and Policy Center and the Free Enterprise Project at the National Center for Public Policy Research own stock in Chase, and have introduced shareholder proposals ( NLPC’s, FEP’s ) that address different aspects of the company’s troubling practice of closing accounts of conservatives without warnings or honest explanations. In their respective proposals, both NLPC and FEP cite past examples where Chase has “de-banked” activists and organizations, including the nonprofit National Committee for Religious Freedom, which “proactively defend(s) the constitutional rights of religious freedom” for “all Americans.” The NCRF was founded by Sam Brownback, the former U.S. Ambassador-at-Large for International Religious Freedom. Ambassador Brownback also served honorably as a Congressman, U.S. Senator, and Governor for the state of Kansas. Chase shuttered NCRF’s account and since then provided false explanations, and then stonewalled about the reasons for the closing. Only now, Chase is asking the Securities & Exchange Commission to let it exclude both proposals ( NLPC, FEP ) from being presented at the company’s annual meeting of shareholders, in an attempt to evade accountability for its discriminatory de-banking practices. “This is evil; Chase let the cash flow to aid and abet Jeffrey Epstein’s sick and disgusting global sex trafficking operation,” said Paul Chesser, director of NLPC’s Corporate Integrity Project. “But they shut down its services to a praiseworthy and respectable initiative by an upstanding public servant, and want to hide the reasons for it all from shareholders. The bank is obviously embarrassed and it should be.” “Chase is a too-big-to-fail bank, so it gets to keep its profits, while all taxpayers – not just leftwingers – backstop its losses,” said Scott Shepard, Director of FEP. “Chairman and CEO Jamie Dimon talks a good game about recognizing the folly of woke corporate governance, apparently without realizing that that’s how his shop is run. After these Epstein revelations, it’s time for Congress and the states to investigate Chase and to bar it from doing business until it ends its petty partisan discrimination.” Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. Please visit http://www.nlpc.org. The National Center for Public Policy Research, founded in 1982, is a non-partisan, free-market, independent conservative think-tank. Ninety-four percent of its support comes from individuals, less than four percent from foundations and less than two percent from corporations. It receives over 350,000 individual contributions a year from over 60,000 active recent contributors. Contributions are tax-deductible and may be earmarked for the Free Enterprise Project. Sign up for email updates at https://nationalcenter.org/subscribe/. Follow us on Twitter at @FreeEntProject and @NationalCenter for general announcements. To be alerted to upcoming media appearances by National Center staff, follow our media appearances Twitter account at @NCPPRMedia. Media Contacts: Judy Kent, NCPPR, Director, Media Relations 703-477-7476 or JKent@NationalCenter.org Jackie Jones, NCPPR, Media Relations Consultant 316-644-9538 or Jackie@TruthPR.com ### Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

February 23, 2023 09:30 AM Eastern Standard Time

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Understand the Impact of Recession, AI and ChatGPT With FiscalNote’s (NYSE: NOTE) Board.org Community

Benzinga

By Jad Malaeb, Benzinga History tells us that recessions are a troubling time for businesses and their leaders. In a report by Statista, it was found that even the “short-term” economic downturn instigated by the pandemic in 2020 led to 244 annual U.S. bankruptcy filings. This was the greatest figure recorded since the Great Recession of 2008-09, which saw 225 and 293 bankruptcies in 2008 and 2009 respectively. After an extended bull run between late 2020 and into 2021, it seems that threats of a recession are beginning to surface once more. The International Money Fund (IMF) expects the economies responsible for one-third of global output to shrink during part of this year or next. In the U.S., the job market has teetered along the edge of safety, marking no significant declines yet, but marks of a slowing gross domestic product (GDP) have already been etched into news headlines. Decision-making during these difficult times could mean the difference between survival and bankruptcy – businesses with access to decision-optimization tools or a strong network of proven leaders could have a competitive advantage over their counterparts. FiscalNote’s (NYSE: NOTE) Board.org feature is one of the few places where business leaders can go for help in troubled times. FiscalNote Can Help Leaders Execute Important Decisions In 2021, FiscalNote (NYSE: NOTE), a leading technology provider that helps organizations navigate government policy and regulations and geopolitical risk using AI and machine learning, acquired Board.org, a company providing vendor-free, peer-to-peer communities for people leading the world’s biggest companies. At its core, Board.org is a decision-optimization organization. It creates communities for leaders facing difficult tasks and helps them source advice from their peers. The Data Privacy Board, DEI Board and Talent Marketing Board are just three of the names involved in Board.org, and they’ve been helping the world’s experts since 2007. With this acquisition, FiscalNote enveloped Board.org’s communities into its portfolio of market intelligence products, providing customers with unparalleled access to the world’s leading voices. FiscalNote aims to grow the number of Board.org communities and to encompass more industries through this growth. Board.org Experts Discuss Artificial Intelligence ChatGPT’s rise to stardom is indicative of a coming-of-age of artificial intelligence (AI). While the technology has existed since 1951, it has mostly taken subtle forms in the shape of “intelligent” search browser recommendations, voice assistants (“Hey, Siri.”) and image recognition software on smartphones. ChatGPT encapsulated what most envisioned AI would eventually become: A human-like program that can be asked nearly anything and produce an intelligent answer. The emergence of ChatGPT, however, has introduced new problems. Prompted by instances like ChatGPT’s refusal to describe the characters of Donald Trump and Jordan B. Peterson, AI critics posit that ethical and political consideration in the construction of AI will be key to successfully navigating AI in the future. This is especially true for corporations that aim to leverage AI. In a blog post, the Enterprise Data Strategy Board, a member of Board.org, shows a plethora of case studies of AI gone wrong, including Amazon scrapping an AI recruitment tool that discriminated against women. The blog discusses the threats future corporations face by not appropriately considering AI ethics, an idea reiterated by experts at Forbes, KPMG, and TechTarget. Without pesky vendors or expensive consultants, Board.org packs insight gleaned from corporate experts and rigorous data to produce actionable insights. These insights help corporations tackle relevant problems like AI, recessions, and rising interest rates. Board.org – A Trove Of Insight From The World’s Business Leaders Board.org has strict guidelines for its communities. It screens members to include only leaders in their fields; it prohibits vendors from entering communities, meaning no one will attempt to sell you anything; it facilitates confidential conversations between leaders via its online staff; and it only communicates via phone and email. According to the company, they’ve had an 80% renewal rate for 14 consecutive years. “In a continuously evolving and more globalized world, our customers require access to the information, workflow tools, and communities that propel them to excel at their jobs,” noted FiscalNote founder and CEO, Tim Hwang. “We are excited about deploying Board.org and its proven model to better serve our customers as they wrestle with the various issues that impact their organizations on a daily basis.” FiscalNote’s acquisition of Board.org is just one of the many acquisitions the company has made. With a mission to expand its product holdings and improve its market intelligence, the company has also acquired FactSquared, Oxford Analytica, TimeBase, and FireSide, all of which provide unique intelligence-gathering features in the political domain and beyond. Click here for more information on FiscalNote. This article was originally published on Benzinga here. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

February 23, 2023 09:26 AM Eastern Standard Time

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