Day: October 28, 2020

HOUSTON, Oct. 28, 2020 (GLOBE NEWSWIRE) — Recruiter.com Group, Inc. (OTCQB: RCRT), a leading AI-powered hiring platform with the world’s largest network of recruiters, announced today the launch of its new on-demand video screening platform. This important milestone comes after the Company recently surpassed 27,000 recruiters in its network.Sign up for Recruiter.com’s Video Screening Platform: https://start.recruiter.com/video-screening“Demand for video tools is skyrocketing, with companies of all sizes clamoring to conduct business virtually. However, current video conferencing tools do not lend themselves to the hiring or screening process,” says Evan Sohn, CEO, and chairman of Recruiter.com.“Our new video screening platform is yet another example of how Recruiter.com is disrupting the $148 billion...

CHARLOTTE, N.C., Oct. 28, 2020 (GLOBE NEWSWIRE) — Conversus, an investment platform designed to expand access to the private markets for high net worth and accredited investors, announced that its inaugural fund, Conversus StepStone Private Markets (“CPRIM”), held its first closing on October 1, 2020, with $35 million of capital raised. Conversus acts as adviser, and StepStone Group LP (“StepStone”) acts as sub-adviser, to CPRIM.CPRIM offers accredited investors diversified, global exposure to the major private market asset classes – private equity, private debt and real assets, including infrastructure and real estate – in a single investment. An open architecture solution, CPRIM’s portfolio seeks to be well-diversified across underlying managers and by sector, strategy, geography and vintage year. StepStone will invest...

Third Quarter and Year-To-Date HighlightsNet income for the three months ended September 30, 2020, totaled $6,771,000, which is an increase of $461,000 or 7.3% over comparable period results for the three months ended September 30, 2019. Basic earnings per share was $0.79 and $0.89 for the three months ended September 30, 2020 and 2019, respectively.Net income for the nine months ended September 30, 2020, totaled $11,345,000, with basic earnings per share of $1.32. This reflects a decrease of $7,295,000 or 39.1% below comparable period results for the nine months ended September 30, 2019, and is due primarily to one-time merger-related expenses of $5,965,000 and a higher provision for loan losses of $8,100,000 as a result of a previously-reported, large unanticipated charge-off of one loan relationship during the first quarter of 2020...

NEW YORK, Oct. 28, 2020 (GLOBE NEWSWIRE) — Logiq, Inc. (OTCQX: LGIQ), a global provider of award-winning eCommerce and fintech solutions, has been selected to provide mobile microlending and related services to 48 million Indonesians in an exclusive strategic alliance with the country’s social security program provider, Koperasi Mona Santoso Berjaya (KMSB).Logiq and KMSB have agreed to jointly own and operate a new mobile fintech platform that will deliver mobile financial services. Logiq, through its Indonesian operations, will provide platform design and technology, management, ongoing hosting and technical support. KMSB will provide the financial institutional relationships for enabling the microlending program.Using the new fintech platform, KMSB will provide microlending services to Badan Perlayanan Jaminan Sosial Ketenagakerjaan (BPJSTK),...

BOSTON, Oct. 28, 2020 (GLOBE NEWSWIRE) — Rhythm Pharmaceuticals, Inc. (Nasdaq:RYTM), a late-stage biopharmaceutical company aimed at developing and commercializing therapies for the treatment of rare genetic disorders of obesity, today announced that Jennifer Chien has been appointed as Executive Vice President, Head of North America, effective November 9, 2020. As EVP North America, Ms. Chien will co-lead global integrated commercial strategies in close collaboration with Yann Mazabraud, who was recently appointed EVP, Head of International.“Jennifer joins Rhythm at a critical inflection point as we prepare to bring setmelanotide, potentially the first approved therapy for rare genetic disorders of obesity, to patients throughout the world,” said David Meeker, M.D., Chair, President and Chief Executive Officer of Rhythm. “With...

BRENTWOOD, Tenn. and CHICAGO, Oct. 28, 2020 (GLOBE NEWSWIRE) — R1 RCM Inc. (NASDAQ:RCM), a leader in technology-enabled revenue cycle management (RCM) services to healthcare providers, and LifePoint Health, a national network of hospitals, post-acute services, outpatient centers and providers in more than 80 locations, have entered into a new revenue cycle management agreement that will make R1 the exclusive revenue cycle management partner for more than one-third of LifePoint hospitals. The comprehensive partnership is designed to enhance patient experience and streamline operations to meet the evolving needs of the health system now and into the future for the communities LifePoint serves.LifePoint’s decision to consolidate and create an enterprise-wide strategy was driven by the company’s ongoing efforts to drive next-level revenue...

SÃO PAULO, Brazil, Oct. 28, 2020 (GLOBE NEWSWIRE) — XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today that it will host a webcast to discuss its third quarter 2020 financial results on Monday, November 9, 2020 at 5:00pm ET (6:00pm BRT). A press release with third quarter 2020 financial results will be issued after the market closes the same day.To participate in the earnings webcast please subscribe at:3Q20 Earnings Web MeetingThe replay will be available on XP’s investor relations website at https://investors.xpinc.com/.About XPXP is a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil. XP’s mission is to disintermediate the legacy...

WATERTOWN, Mass., Oct. 28, 2020 (GLOBE NEWSWIRE) — Pandion Therapeutics, Inc. (Nasdaq: PAND), a clinical-stage biotechnology company developing novel therapeutics designed to address the unmet needs of patients living with autoimmune diseases, today announced the presentation of preclinical data highlighting the potential of its modular biologics pipeline for the treatment of autoimmune diseases at the Federation of Clinical Immunology Societies (FOCIS) 2020 virtual annual meeting.Pandion utilizes its TALON (Therapeutic Autoimmune reguLatOry proteiN) drug design and discovery platform to create antibody-based candidates that target known control nodes in the immune system. These drug candidates are modularly engineered to either work systemically or to be targeted to specific tissues via tethering modules, potentially enabling a...

SEATTLE, Oct. 28, 2020 (GLOBE NEWSWIRE) — SAFR from RealNetworks, Inc. (NASDAQ: RNWK) today announced improved face detection and recognition accuracy for both masked and unmasked faces with the release of SAFR 3.0. Available now, SAFR’s 3.0 release introduces a new default high sensitivity face detector. Customers running the high sensitivity face detector will see a 95.1% detection rate and 98.85% recognition accuracy rate for faces covered by PPE face masks — including non-surgical fabric masks of varying patterns — in surveillance-style videos of faces in motion. Detection efficiency has also been improved when multiple faces are simultaneously in the field of view to ensure detection and recognition speeds remain high.“With the 3.0 release, SAFR continues its track record of maintaining high-accuracy under challenging real-world...

SEATTLE, Oct. 28, 2020 (GLOBE NEWSWIRE) — SAFR von RealNetworks, Inc. (NASDAQ: RNWK) hat heute bekannt gegeben, dass im Zuge des Starts von SAFR 3.0 die Genauigkeit der Gesichtsdetektion als auch der Gesichtserkennung für maskierte sowie für unmaskierte Gesichter signifikant verbessert wurde und damit neue Standards im Bereich Video Analyse gesetzt werden. Der neue Algorithmus von SAFR 3.0 erzielt eine Genauigkeit von 95.1% hinsichtlich der Gesichtsdetektion und eine Genauigkeit von 98.85% hinsichtlich der Gesichtserkennung bei Gesichtern, welche durch Covid19 Schutzausrüstung verhüllt sind. Diese Werte gelten sowohl für Standard-Schutzausrüstung als auch für Non-Standard wie zum Beispiel selbstgemachte Masken für Gesichtern in Bewegung, selbst wenn mehrere Gesichter gleichzeitig im Videostream zu sehen sind.„Mit SAFR 3.0 führt...