Small Business

2024 Abrigo Fraud Survey: 61% of Americans Still Write Checks and Millions Fall Victim to Check Fraud

Retrieved on: 
Tuesday, April 9, 2024

Perhaps surprisingly, Gen Z and Millennials self-reported writing more checks than Gen Xers 45 – 54 years old:

Key Points: 
  • Perhaps surprisingly, Gen Z and Millennials self-reported writing more checks than Gen Xers 45 – 54 years old:
    Just over half (51%) of check fraud victims had been targeted two or more times.
  • The survey also found that small business owners more often were victims of financial fraud than others, with 57% reporting they’ve been targeted.
  • They also dealt with more check fraud too: 60% of small businesses experiencing check fraud reported two or more instances.
  • The survey revealed that small businesses have a greater awareness of check fraud technology (66%) than the general population.

Thryv Names Rees Johnson as New Chief Product Officer

Retrieved on: 
Tuesday, April 9, 2024

Thryv, Inc., (NASDAQ: THRY) the leading do-it-all small business software platform, today announced Rees Johnson has joined the company as chief product officer.

Key Points: 
  • Thryv, Inc., (NASDAQ: THRY) the leading do-it-all small business software platform, today announced Rees Johnson has joined the company as chief product officer.
  • View the full release here: https://www.businesswire.com/news/home/20240409472331/en/
    Rees Johnson, newly appointed chief product officer at Thryv.
  • (Photo: Business Wire)
    “Rees is joining Thryv at a pivotal time,” said Grant Freeman, President of Thryv.
  • Most recently he served as chief product officer for computer security software company Forcepoint.

GoExceed Accelerates the Value of Data in Latest Release of Solve(X)

Retrieved on: 
Tuesday, April 9, 2024

GoExceed, a market leader in data management automation software, today unveils the latest iteration of Solve(X)—a cutting-edge platform for automated data and asset management.

Key Points: 
  • GoExceed, a market leader in data management automation software, today unveils the latest iteration of Solve(X)—a cutting-edge platform for automated data and asset management.
  • This release introduces new features that enhance efficiency and maximize the value of mobile spending.
  • The platform’s latest release provides comprehensive tools for managing mobile devices and plans and offers a holistic view of over 1 million cellular connections.
  • “With this latest release of Solve(X) we have expanded the value we deliver clients, providing a cost optimization solution that delivers meaningful efficiency gains,” continued Chvatal.

Provana and BEN Sign Partnership to Revolutionize Business Process Management with AI Integration

Retrieved on: 
Tuesday, April 9, 2024

Provana , a highly specialized knowledge process management provider and Brand Engagement Network (BEN) (Nasdaq: BNAI), an emerging provider of personalized customer engagement AI, announced today a partnership that will enable BEN’s AI assistants to be integrated with Provana’s contact center solutions.

Key Points: 
  • Provana , a highly specialized knowledge process management provider and Brand Engagement Network (BEN) (Nasdaq: BNAI), an emerging provider of personalized customer engagement AI, announced today a partnership that will enable BEN’s AI assistants to be integrated with Provana’s contact center solutions.
  • This strategic partnership aims to optimize compliance and business process management (BPM) across a variety of industries, including health insurance, personal injury, and credit servicing.
  • Provana, a pioneer and industry leader in the credit and collections, legal servicing, healthcare, and revenue cycle management sectors, along with BEN have begun crafting multiple use cases to deploy using the BEN conversational AI platform.
  • “By collaborating with Provana, we believe we are poised to develop game-changing solutions that redefine compliance and business process management operations,” said BEN Chief Executive Officer, Michael Zacharski.

Mike McNamara, Former CEO of Dentons US, Joins Baretz+Brunelle as Chief Executive Officer and Partner

Retrieved on: 
Tuesday, April 9, 2024

Baretz+Brunelle, a growth advisory firm to businesses in the legal industry, announced today that Mike McNamara , former CEO of Dentons US, will become its first chief executive officer.

Key Points: 
  • Baretz+Brunelle, a growth advisory firm to businesses in the legal industry, announced today that Mike McNamara , former CEO of Dentons US, will become its first chief executive officer.
  • View the full release here: https://www.businesswire.com/news/home/20240409182492/en/
    “Mike is a transformational leader whose addition immediately transforms Baretz+Brunelle,” said Spencer Baretz , co-founder of B+B.
  • “No one is more qualified to advise growth-seeking clients than Mike, who has lived the experience in a way few have.
  • Appointed as CEO of Dentons US in 2017 following six years as managing partner, he led a region that delivered nearly a third of Dentons’ global revenue.

TrustPoint Announces AFWERX Phase II Contract Award

Retrieved on: 
Tuesday, April 9, 2024

TrustPoint announces it has been selected by AFWERX for a STTR Phase II in the amount of $1.6M focused on advanced resilient navigation applications to address the most pressing challenges in the Department of the Air Force (DAF).

Key Points: 
  • TrustPoint announces it has been selected by AFWERX for a STTR Phase II in the amount of $1.6M focused on advanced resilient navigation applications to address the most pressing challenges in the Department of the Air Force (DAF).
  • The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) process by accelerating the small business experience through faster proposal to award timelines, changing the pool of potential applicants by expanding opportunities to small business and eliminating bureaucratic overhead by continually implementing process improvement changes in contract execution.
  • "This program marks the next phase of investment by the U.S. Government into TrustPoint's suite of advanced PNT applications, which go well beyond the historic purpose of simply deriving a position from GPS signals," said TrustPoint CEO and Founder, Patrick Shannon.
  • "We are excited by the DoD's support and shared vision for the future of commercial space-based PNT."

Banc of California Announces New Community Banking Leaders

Retrieved on: 
Tuesday, April 9, 2024

Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today that it has promoted several leaders in Community Banking, which provides in-market relationship lending and treasury management solutions through its network of branches and regional offices.

Key Points: 
  • Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today that it has promoted several leaders in Community Banking, which provides in-market relationship lending and treasury management solutions through its network of branches and regional offices.
  • Chris Baron has been promoted to President, Community Banking, to oversee Banc of California’s five regions in California and Colorado, along with its national asset-based lending business finance team.
  • Baron is based in Beverly Hills, California, and reports to Hamid Hussain, President of Banc of California.
  • In addition, he sits on the BANC Foundation board for Banc of California.

New Report: 98% of Shopify Merchants Have Difficulty Aligning Inventory and Production with Changing Consumer Demand

Retrieved on: 
Tuesday, April 9, 2024

Today, Katana Cloud Inventory, a fast-growth inventory software solutions for small and medium-sized businesses (SMBs), unveiled its 2024 Ecommerce Performance Report on Shopify merchants.

Key Points: 
  • Today, Katana Cloud Inventory, a fast-growth inventory software solutions for small and medium-sized businesses (SMBs), unveiled its 2024 Ecommerce Performance Report on Shopify merchants.
  • The survey of more than 100 SMB ecommerce leaders in the U.S. and Canada revealed that a staggering 98% of respondents have difficulty aligning inventory and production with changing consumer demand and of those, 60% reported significant difficulty.
  • This changing landscape includes many challenges, including supply chain disruptions, shifting consumer habits, and a significant rise in materials cost.
  • Shopify merchants can integrate Katana's cloud inventory software to gain full insight into demand, sales, products, production and purchasing for total visibility into the order fulfillment process.

GlassHive Announces Collaboration with Microsoft to transform MSP Sales and Marketing to capture AI opportunity with customers

Retrieved on: 
Monday, April 8, 2024

This collaboration marks a significant initiative to empower Microsoft partners to effectively sell Microsoft Azure, Copilot for Microsoft 365, AI, Business Applications, and Business Intelligence Solutions to businesses worldwide.

Key Points: 
  • This collaboration marks a significant initiative to empower Microsoft partners to effectively sell Microsoft Azure, Copilot for Microsoft 365, AI, Business Applications, and Business Intelligence Solutions to businesses worldwide.
  • GlassHive, born and raised on Azure, utilizes AI to enhance partners' ability to market and sell services effectively.
  • Giovanni Sanguily, Founder and CEO of GlassHive, expressed his enthusiasm: "I'm thrilled to be working with Microsoft to empower the partner community.
  • Heather Deggans, VP of GTM for Microsoft Americas added, “Microsoft’s collaboration with GlassHive is a testament to our commitment to the partner ecosystem.

YCharts and Savant Wealth Management Enhance Partnership To Elevate Client Engagement With Streamlined Proposal Generation

Retrieved on: 
Monday, April 8, 2024

This strategic collaboration aims to empower advisors with enhanced capabilities, accelerating business growth by optimizing proposal generation and strengthening client communication.

Key Points: 
  • This strategic collaboration aims to empower advisors with enhanced capabilities, accelerating business growth by optimizing proposal generation and strengthening client communication.
  • YCharts Presenter will arm Savant advisors with powerful, time-saving solutions such as Proposals, enabling customizable client report generation to scale AUM growth and enhance overall client satisfaction.
  • James Han, Chief Customer Officer at YCharts, said, “The deepening of our strategic relationships with industry-leading RIA clients like Savant Wealth Management showcases YCharts’ commitment to offering adaptable tools to support job functions across the wealth management enterprise, simplifying collaboration, and improving scalability.
  • For firms seeking to elevate their practices, this partnership between YCharts and Savant is a compelling example of the transformative power of technology in the wealth management industry.