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Day: June 2, 2022

GlobalData Plc: Buy Now Pay Later to Disrupt the Lending Sector and Payments Industry

The global Buy Now Pay Later (BNPL) market size reached $120 billion in 2021 LONDON, June 02, 2022 (GLOBE NEWSWIRE) — BNPL is a new layer adding itself to the payment infrastructure, with the aim of reducing friction at the point of payment and simplifying access to small loans. Most of the leaders in the BNPL sector are new companies that are pushing for the growth of the market while competing against credit card providers. The Buy Now Pay Later – Thematic Research Report offered by GlobalData gives insights of the different trends impacting the BNPL market. The report also provides industry analysis, as well as the value chain associated with the BNPL market. Key Technology Trends Impacting the BNPL MarketOnline payments Mobile payments/Mobile commerce Social media Super apps Machine learningBNPL was initially developed...

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L.B. Foster Awarded ISN RAVS Plus® Demonstrating our Culture of Health & Safety

PITTSBURGH, June 02, 2022 (GLOBE NEWSWIRE) — L.B. Foster Company (NASDAQ: FSTR), a leader in rail technologies and services, has been awarded the RAVS Plus® recognition by ISNetworld (ISN), one of the largest global safety compliance groups. RAVS® is a safety compliance standard that stands for “Review and Verification Services” and is used to verify the effectiveness of health & safety programs, where currently a limited percentage of contractors have earned. Participation in the RAVS Plus® program is by invitation only and recognizes a company for outstanding commitment to safety. Requested on behalf of Class I rail and several industrial customers, earning RAVS Plus® illustrates that L.B. Foster is creating value beyond our products, and attests that we have undergone a higher level of scrutiny for the site safety of our...

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Current Water Aquaculture Partner Orders Third AmmEl-Aqua Unit

Included in New Equipment Sales Orders Totalling $290,000 GUELPH, Ontario, June 02, 2022 (GLOBE NEWSWIRE) — Current Water Technologies Inc. (TSX-V: WATR) (“CWTI” or “the Company” or “the Corporation”), an emerging technology leader in the management of industrial and municipal wastewater, receives purchase order for a third AmmEl-Aqua system for the safe transport of marine and fresh water animals (i.e., lobster, snow crab, king crab, salmon, trout) to international markets. The inaugural trip for this specific AmmEl-Aqua unit will be as an important component of the sophisticated water treatment system required for the safe transport of valuable king crab from an aquaculture facility in Norway to Miami, Florida, USA. As ammonia is the principal metabolic waste product of fish and other aquaculture...

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Verizon survey finds 51M Americans don’t know what they pay for Home Internet

Those who do know estimate they pay $137 per month – more than 5 times the cost on Verizon BASKING RIDGE, N.J., June 02, 2022 (GLOBE NEWSWIRE) — A survey commissioned by Verizon found 51 million Americans don’t know how much they spend on their home internet – and those who do estimate paying an average of $137 per month1 – or more than five times the price Verizon offers. With rising gas, food and home utility prices forcing Americans to find ways to save, Verizon is helping customers by offering Home Internet for just $25 per month2 with no promotional price creep – a fraction of what they think they’re currently paying. That’s home Internet for less than $1 per day per month. “Now more than ever, it’s important to stretch your dollars and taking stock of your phone and Internet bills to see where you can save is a great start,”...

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Modaxo and Cittati Announce Acquisition of Auttran in Brazil

TORONTO, June 02, 2022 (GLOBE NEWSWIRE) — Modaxo Inc. (“Modaxo”), a global technology organization focused on moving the world’s people, along with its company Cittati, today announced the acquisition of Auttran, a charter and mobility solutions company based in Brazil. Founded in 1996, Auttran offers a number of products and services to the public transport, corporate, and school transport markets. With the acquisition, the Auttran operation becomes a brand within Cittati focused on new segments. “Auttran caught our attention because it was in a sector where Cittati already had presence, but without the same degree of specialization and in a market that has been changing a lot. We now have another differentiated solution in our portfolio, meeting our current customers’ requests and which also allows us to operate in new...

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GRAY NAMES CHRIS FEDELE AS GENERAL MANAGER OF WPTA-TV AND WISE-TV IN FT. WAYNE, INDIANA

Atlanta, June 02, 2022 (GLOBE NEWSWIRE) — Gray Television, Inc. (“Gray”) (NYSE: GTN) announced that veteran broadcaster Chris Fedele became the General Manager of WPTA-TV (ABC/NBC) and WISE-TV (CW) in Ft. Wayne, Indiana, on June 1st.  Mr. Fedele, a native of Northeast Indiana, returns home with this appointment. He spent fourteen years at WPTA-TV, serving at various times as the General Sales Manager, Local Sales Manager, and National Sales Manager before a five-year stint as the station’s General Manager. Thereafter, he spent ten years as the Director of Sales and Marketing for WLEX-TV (NBC) in Lexington, Kentucky, followed by the past four years as General Manager of Gray’s WTVG-TV (ABC) in Toledo, Ohio. Mr. Fedele began his broadcasting career at Blair Television in New York after graduating from Ball State University in 1991.          About...

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APPlife Digital Solutions, Inc. Announces Opening of Hemp and CBD Products E-Commerce Site “Global Hemp Service”

SAN FRANCISCO, June 02, 2022 (GLOBE NEWSWIRE) — APPlife Digital Solutions, Inc. (OTCQB: ALDS) (“APPlife”, the Company”), a business incubator and portfolio manager that invests in and creates e-commerce and cloud-based solutions is pleased to announce that the Global Hemp Service LLC (“Global”) web site has recently completed its extended beta period and is now a fully-functioning e-commerce platform that offers an extensive line of hemp and CBD related products including those for personal, home, beauty, organic, and industrial uses. “We are excited to see the products being offered by Global Hemp Service becoming more prominently featured in daily use around the world. Hemp is a game-changer for its benefits to our climate. APPlife is proud to have been the lead investor in this project and hope to see it flourish in the coming...

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Mortgage Rates Stay Relatively Flat

Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of June 2, 2022.MCLEAN, Va., June 02, 2022 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 5.09 percent. “Mortgage rates continued to inch downward this week but are still significantly higher than last year, affecting affordability and purchase demand,” said Sam Khater, Freddie Mac’s Chief Economist. “Heading into the summer, the potential homebuyer pool has shrunk, supply is on the rise and the housing market is normalizing. This is welcome news following unprecedented market tightness over the last couple years.” News Facts30-year fixed-rate mortgage averaged 5.09 percent with an average 0.8 point as of June 2, 2022, down...

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Silver Hammer Announces Closing of Oversubscribed Private Placement for Gross Proceeds of Approximately $3,000,000

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, June 02, 2022 (GLOBE NEWSWIRE) — (CSE: HAMR/OTCQB: HAMRF) Silver Hammer Mining Corp. (the “Company” or “Silver Hammer”) is pleased to announce that it has closed its previously announced brokered and a concurrent non-brokered private placement (collectively, the “Offering”) for gross proceeds of $3,007,048.68. The brokered portion of the Offering (the “Brokered Offering”) was led by Echelon Wealth Partners Inc. (the “Agent”) and consisted of the sale of 7,325,286 units (the “Units”) for aggregate gross proceeds of $2,783,608.68 at a price of $0.38 per Unit (the “Offering Price”). Each Unit consisted of one Common Share (each, a “Common Share”, and collectively the “Common Shares”) and one-half of one Common...

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Rodedawg International Industries, Inc. (OTC: RWGI) Appoints New CEO

New Leadership Brings Cannabis, Real Estate, and Public Company Experience SHERIDAN, WY, June 02, 2022 (GLOBE NEWSWIRE) — Rodedawg International Industries, Inc. (OTC Pink: RWGI) proudly announces the company has appointed Chris Swartz as new Chief Executive Officer effective June 2nd, 2022. Mr. Robert Munck, former CEO, states, “Mr. Swartz brings experience from three important business sectors that make him the ideal candidate to lead Rodedawg. Mr. Swartz has led successful licensed California marijuana businesses, completed over 1,000 real estate transactions, and is a current partner in hemp farms in Oregon and California.” Mr. Swartz has had a successful career in both cannabis and real estate for the last 20 years due to his drive and determination to persevere in markets that intimidate others. Most recently, Mr. Swartz...

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