BetterCo and 5FSoftware now partners: 5F integrates AI module for onboarding and compliance 11-27-2024 07:28 PM CET | IT, New Media & Software Press release from: 5FSoftware GmbH BetterCo and 5FSoftware now partners: 5F integrates AI module for onboarding and compliance (© ) Regensburg, 20.11.2024 – The integration of the AI-supported onboarding and compliance module from BetterCo into the 5F platform will make know-your-customer (KYC) processes and anti-money laundering compliance easier for law firms in the future. Founders1 GmbH, a legal tech expert and provider of the BetterCo onboarding and compliance platform, and 5FSoftware GmbH have entered into a partnership. As part of this collaboration, BetterCo's AI-supported onboarding and compliance module will be integrated into the 5F platform. The module supports law firms in accepting new clients quickly and in a customer-friendly manner and efficiently ensures compliance with the requirements of the German Money Laundering Act (Geldwäschegesetz, GwG) as part of the Know-Your-Customer (KYC) process. In the legal sector, the challenges posed by complex legal requirements and heterogeneous workflows are considerable, which can lead to serious gaps. The complex KYC process in particular, which is required under the Money Laundering Act, poses problems for law firms. By integrating BetterCo's onboarding and compliance module into the 5F platform, law firms can now handle the entire process of client acceptance and onboarding completely digitally. Company data and beneficial owners are automatically determined and clients receive pre-filled, digital questionnaires for self-disclosure. The module automatically checks organizations and their contacts against lists of politically exposed persons (PEP), sanctions and negative news, enables their continuous monitoring and summarizes all results in a risk analysis and documentation. The client database can also be included in these processes via import interfaces. "The partnership with BetterCo and integration into the 5F platform is a logical and correct step into the future for us. By using the new onboarding and compliance module, law firms and companies can reduce the risk of breaches of regulations, thereby avoiding fines and reputational damage. The module also optimizes process efficiency and promotes digitalization, resulting in greater transparency and faster processes. The BetterCo module is an excellent addition to 5F." Andreas Baier, founder and CEO of 5FSoftware "Compliance is already crucial for law firms when opening new files. With the BetterCo compliance module, all tasks of the KYC process in onboarding can be handled digitally and stored centrally. This reduces effort, lowers risks and speeds up processes considerably. We are delighted to have gained another important partner in 5FSoftware, which complements its products with our specific onboarding and compliance expertise." Eckhard Ortwein, founder and CEO of BetterCo About 5FSoftware GmbH With its 5F platform, 5FSoftware GmbH from Regensburg enables efficient and clear work and communication processes for law firms and companies. In addition to structured collaboration with external contacts, such as clients, customers and suppliers, 5F also includes the mapping of internal company processes. 5F is used as a central communication channel in various areas with similar requirements, such as tax consultancy, auditing, legal advice or management consultancy. As an integrated communication solution, 5F fits seamlessly into existing software landscapes and enables central control of all work processes by connecting to document management systems (DMS) and other tools. Flexible interfaces and secure authentication processes ensure constant access to all important information and thus promote productivity and data quality. Customers are supported in optimally integrating 5F into their software environment in order to exploit the full potential of their IT infrastructure. More information at: 5fsoftware.com About Founders1 GmbH Founders1 develops and markets the AI-powered onboarding and compliance platform BetterCo, tailored for regulated industries such as legal, tax and finance. Companies can use BetterCo to serve their clients in a compliant, efficient and collaborative environment. BetterCo's no-code technology makes it easy to digitize even complex onboarding and compliance processes. Thanks to the open integration architecture, these processes can be seamlessly integrated into existing products, systems and databases and these can be enriched immediately. The use of AI automates processes and adapts them to the individual context. With BetterCo, onboarding processes are efficient and customer-centric and the associated compliance processes are carried out in a compliant manner at the same time. The BetterCo compliance module has already been integrated into their own products by market leaders such as stp.one and Wolters Kluwer. More information at: betterco.ai Contact us 5FSoftware GmbH Rudolf-Vogt-Straße 21, 93053 Regensburg, Germany Web: www.5fsoftware.de E-mail: info@5fsoftware.de Phone: +49 941 204 903 0 5FSoftware GmbH Rudolf-Vogt-Straße 21 93053 Regensburg Germany https://www.5fsoftware.de Herr Lennart Mahling l.mahling@5fsoftware.de About 5FSoftware GmbH With its 5F platform, 5FSoftware GmbH from Regensburg enables efficient and clear work and communication processes for law firms and companies. In addition to structured collaboration with external contacts, such as clients, customers and suppliers, 5F also includes the mapping of internal company processes. 5F is used as a central communication channel in various areas with similar requirements, such as tax consultancy, auditing, legal advice or management consultancy. As an integrated communication solution, 5F fits seamlessly into existing software landscapes and enables central control of all work processes by connecting to document management systems (DMS) and other tools. Flexible interfaces and secure authentication processes ensure constant access to all important information and thus promote productivity and data quality. Customers are supported in optimally integrating 5F into their software environment in order to exploit the full potential of their IT infrastructure. More information at: www.5fsoftware.de This release was published on openPR.Virtual reality revolutionizes training and operations in oil and gas industry, reveals GlobalData
CorVel Co. ( NASDAQ:CRVL – Get Free Report )’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $370.00 and last traded at $365.59, with a volume of 9060 shares traded. The stock had previously closed at $360.19. Analyst Upgrades and Downgrades Separately, StockNews.com cut CorVel from a “buy” rating to a “hold” rating in a report on Saturday, August 31st. Get Our Latest Report on CRVL CorVel Stock Up 2.8 % Hedge Funds Weigh In On CorVel A number of large investors have recently added to or reduced their stakes in CRVL. Blue Trust Inc. boosted its position in shares of CorVel by 435.3% during the third quarter. Blue Trust Inc. now owns 91 shares of the business services provider’s stock worth $30,000 after buying an additional 74 shares during the period. GAMMA Investing LLC boosted its position in CorVel by 98.0% during the 2nd quarter. GAMMA Investing LLC now owns 97 shares of the business services provider’s stock worth $25,000 after acquiring an additional 48 shares during the last quarter. Advisors Asset Management Inc. grew its stake in shares of CorVel by 121.7% during the 3rd quarter. Advisors Asset Management Inc. now owns 204 shares of the business services provider’s stock worth $67,000 after acquiring an additional 112 shares in the last quarter. Point72 DIFC Ltd acquired a new stake in shares of CorVel in the third quarter valued at approximately $88,000. Finally, Whittier Trust Co. of Nevada Inc. bought a new stake in shares of CorVel in the third quarter worth $102,000. Institutional investors own 51.36% of the company’s stock. About CorVel ( Get Free Report ) CorVel Corporation provides workers’ compensation, auto, liability, and health solutions. It applies technology, including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. The company also offers network solutions services, including automated medical fee auditing, preferred provider management and reimbursement, retrospective utilization review, facility claim review, professional review, pharmacy, directed care, clearinghouse, independent medical examination, and inpatient medical bill review services, as well as Medicare solutions. Featured Stories Receive News & Ratings for CorVel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CorVel and related companies with MarketBeat.com's FREE daily email newsletter .
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Quincy, MA, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that on December 17, 2024, it received a letter from the Listing Qualifications staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”), issuing a Staff delisting determination (the “Staff Determination”). The Staff Determination noted that the Staff had notified the Company on June 21, 2024, August 23, 2024 and November 21, 2024 that the Company did not comply with Nasdaq Listing Rule 5250(c)(1) (the “Filing Rule”) because the Company had not filed its Quarterly Reports on Form 10-Q for the periods ended March 31, 2024, June 30, 2024, and September 30, 2024 (the “Forms 10-Q”) with the Securities and Exchange Commission (the “SEC”). The Staff Determination noted that, based on the Staff’s review and the materials submitted on August 20, 2024, the Staff granted the Company an exception until December 16, 2024 to regain compliance with the Filing Rule. The Staff Determination stated that the Company had not met the terms of the exception. Specifically, the Company has not filed the Forms 10-Q as required by the Filing Rule. The Staff Determination has no immediate effect and will not immediately result in the suspension of trading or delisting of the Company’s common stock. The Staff Determination notified the Company that the Company may request a hearing before a Hearings Panel (“Hearings Panel”), pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series. Hearings are typically scheduled to occur approximately 30-45 days after the date of the hearing request. A request for a hearing regarding a delinquent filing will automatically stay the suspension of the Company’s securities for a period of 15 days from the date of the hearing request. However, when the Company requests a hearing, it may also request an extension of the stay through the hearing and the expiration of any additional extension period granted by the Hearings Panel following the hearing. However, there can be no assurance that the Hearings Panel will grant the Company an additional extension, or that the Hearings Panel will grant the Company’s request for an extended stay, or that the Company will be able to regain compliance by the end of any additional extension period. In the unlikely event that Nasdaq is not able to rule on the stay request prior to the expiration of the automatic stay, it has been Nasdaq’s recent practice to take no action until the Hearings Panel is able to make a ruling on the extended stay request. Upon such Hearings Panel ruling on the extended stay, the Company intends to make a further announcement. Accordingly, the Company intends to timely submit a request for a hearing and for an extended stay before a Hearings Panel. This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires the public announcement of the Staff Determination by issuing a press release, in addition to filing a Current Report on Form 8-K if required by SEC rules. About Stran For over 29 years, Stran has grown to become a leader in the promotional products industry, specializing in complex marketing programs to help recognize the value of promotional products, branded merchandise, and loyalty incentive programs as a tool to drive awareness, build brands and impact sales. Stran is the chosen promotional programs manager of many Fortune 500 companies, across a variety of industries, to execute their promotional marketing, loyalty and incentive, sponsorship activation, recruitment, retention, and wellness campaigns. Stran provides world-class customer service and utilizes cutting-edge technology, including efficient ordering and logistics technology to provide order processing, warehousing, and fulfillment functions. The Company’s mission is to develop long-term relationships with its clients, enabling them to connect with both their customers and employees in order to build lasting brand loyalty. Additional information about the Company is available at: www.stran.com . Forward Looking Statements This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” "will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Company’s periodic reports which are filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law. Contacts: Investor Relations Contact: Crescendo Communications, LLC Tel: (212) 671-1021 SWAG@crescendo-ir.com Press Contact: Howie Turkenkopf press@stran.comFormer U.S. president Jimmy Carter, once called a 'pretty good Canadian,' dies at 100
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No Tank You! How'd Cowboys Shock Commanders in Bizarre Upset?After the sharp rise of Rushwin Dortley, Kaizer Chiefs are monitoring two new players who could turn out for Bafana Bafana soon. Velebayi is the real deal and so is Chiefs’ interest Cape Town Spurs winger Asanele Velebayi is a long-standing target. Thought of as a massive prospect for Bafana Bafana, the 21-year-old has winger been with Spurs for a decade and their CEO wants to get the maximum value out of a sale, should it come to that. Chiefs Sporting Director Kaizer Motaung Jr outright refuted reports that the club had directly contacted Asanele Velebayi’s parents to engineer a move for the winger. Velebayi, still only 21, was the name on everyone’s lips during the recent winter transfer window. Spurs CEO Ari Efstathiou valued the player around R12 million, while Amakhosi’s reported offer was closer to R5 million. Watch this space in January. Click for the full story Dithejane is the one who got away According to SoccerLaduma , Amakhosi are closely following Puso Dithejane’s performance with TS Galaxy. The former Chiefs academy product has thrived in the number 10 role since his acrimonious departure from Naturena. Do you remember that silly controversy around him refusing to be a ballboy? Yeah, Chiefs will regret that now and they’ll probably have to stump up a big fee to buy him back. At 20 years old, Dithejane already looks happy and confident at this level. Rushwin Dortley paves the way It’s not as if Rushwin Dortley was an unknown quantity before he signed for Chiefs, but Bafana recognition of the young central defender didn’t seem right around the corner. Now he’s a regular in Hugo Broos’ and Nasreddine Nabi’s sides. His status as a Kaizer Chiefs player has undoubtedly raised his profile and the visibility around the 22-year-old. The impressively elegant left-footer has started all five of Chiefs’ Betway Premiership clashes this term. The quality in this guy’s boots is plain to see. Let us know by clicking on the comment tab below this article or emailing info@thesouthafrican.com . You can also send a WhatsApp to 060 011 021 1. Follow @TheSAnews on X and The South African on Facebook for your social fix.
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Small SUVs continued to sell well in Australia throughout 2024, and that meant there were plenty of them for us to review. As we continue recapping our 2024, we’re compiling the highest-rated cars from across Australia’s most popular new car segments into a list to show you what we liked best. We’ve done mid-sized SUVs and utes so far, which means small SUVs are now up to bat. For this list we’ve kept it to the sub-$45,000 segment on the VFACTS sales charts, as they’re much more approachable for people wanting to simply get behind the wheel. Some of these models have been reviewed on multiple occasions this year, so we’ve only featured the variant that achieved the highest rating. Prices are based on each manufacturer’s configurators for a Victorian postcode, which should provide a representative estimate of what the average Australian buyer will end up paying. 100s of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now . Click on car’s name in the table above to jump directly to its information on the page, or keep scrolling for the full article. Our top sub-$45,000 small SUV for 2024 was the Toyota Corolla Cross , which senior contributor Matt Campbell awarded a score of 8.4. That score was for the base GX Hybrid, which we said offered exceptional value, space and efficiency underneath a barebones presentation. “Basic but brilliant” was the term used to sum up the Corolla Cross, and our rating reflects that. It achieved an excellent fuel efficiency of just 4.3L/100km during our test, and with top-notch safety and interior space ratings we deemed it to be properly fit for purpose. We didn’t like how it’s fitted with halogen daytime running lights instead of LEDs. That lead us to suggest the step up to the GXL for an extra $4000-odd was worth it, especially when you consider this base spec is already more than $40,000 drive-away. Still, we found it to be a well-considered small SUV that can comfortably get the job done in a no-frills manner. You can read our full review of the Toyota Corolla Cross GX Hybrid here Interested in buying a Toyota Corolla Cross? Get in touch with one of CarExpert’s trusted dealers here MORE: Everything Toyota Corolla Cross The Skoda Kamiq received a facelift this year, and our all-encompassing review of the new two-model range by marketplace journalist Josh Nevett listed a score of 8.4. It was praised for its quality tech upgrades, while it also benefits from packing in big-car practicality into its small-car frame. Better yet, we said it was a great value proposition – especially given the base Select costs just $33,990 drive-away. We gave it high individual scores across the board, headlined by a fit-for-purpose rating of 9 and a safety rating of 8.9. The Kamiq also impressed with its low cost of ownership and fuel efficiency, the latter a product of its two quality engines; turbos with either three or four cylinders. A negative aspect was the Monte Carlo’s “polarising” interior design, while we were disappointed that the base-spec Select misses out on adaptive cruise control. As is often a complaint with dual-clutch cars, we also found the Kamiq’s DSG unit was clunky at low speed, though it did have solid performance once on the move. You can read our full review of the Skoda Kamiq here Interested in buying a Skoda Kamiq? Get in touch with one of CarExpert’s trusted dealers here MORE: Everything Skoda Kamiq As reviewed by marketplace editor James Wong, the Nissan Qashqai Ti e-Power scored a respectable 8.2 in March this year. We liked the hybrid Qashqai’s seemingly easy performance, something that comes as a result of Nissan’s unique electric motor-internal combustion engine it has over other traditional hybrids. That gives it a more electric vehicle (EV) feel, though a normal engine can still be heard. That also contributes to its refined on-road characteristics, as it’s mostly quiet at low speeds and generally very smooth. Nissan backs up those traits with an upmarket interior that punches above the Qashqai’s paygrade. It wasn’t all positive though. We don’t like how the e-Power Qashqai is only available in one top-spec Ti variant, as it seems to push it out of the realm of a lot of hybrid buyers. It’s also considerably more expensive than the non-hybrid equivalent. We also felt its ride could be somewhat firm on occasion, but none of that was enough to detract from an otherwise solid Toyota hybrid rival. You can read our full review of the Nissan Qashqai Ti e-Power here Interested in buying a Nissan Qashqai? Get in touch with one of CarExpert’s trusted dealers here MORE: Everything Nissan Qashqai We’ve published a handful of reviews for Volkswagen’s T-Roc small SUV this year, but it was senior contributor Matt Campbell’s review of the Style that scored the highest at 8.2. The Style is one rung up from the bottom of the T-Roc range, and we liked it for its easy driving characteristics and its well-laid out cabin. It’s also a considerable improvement on the features list compared to the base CityLife without being too much more expensive. We felt it was nicely fit for purpose, and it scored highly on ride comfort and infotainment technology. Under the bonnet is a simple 1.4-litre four-cylinder turbo sent to the front wheels only, with higher-performance options reserved for more expensive T-Rocs. On the other hand, we felt its eight-speed automatic transmission wasn’t quite as sharp as Volkswagen’s typical dual-clutch DSG, but that did mean its low-speed drivability was improved. Its second row also isn’t terribly large as a result of the small SUV frame, and rough roads can induce a fair bit of cabin noise. Still, we found it to be a solid choice for crossover customers. You can read our full review of the Volkswagen T-Roc 110TSI Style here Interested in buying a Volkswagen T-Roc? Get in touch with one of CarExpert’s trusted dealers here MORE: Everything Volkswagen T-Roc Honda’s smallest SUV entered 2024 off the back of a fresh redesign, and news editor William Stopford found its top-spec variant to be worthy of a score of 8.1 That variant is the e:HEV L, the one hybrid in the range. We liked how refined it appeared to be, and the Magic Seats in its second row proved to be practical in the real world. Its cabin is also well-appointed and spacious, while everything is practical and easy to operate in daily use. Even those coming to the HR-V for the first time will likely find it easy to get settled. It lost marks for its price and lack of a spare wheel, and we really couldn’t get past the fact it’s only a four-seater. There’s enough space for a third seat on the second row, but the lack of a centre seatbelt means it can’t legally be used as a seat. While the HR-V may not feel as premium as its ZR-V sibling, there’s a lot that it does right to deserve a spot on this list. You can read our full review of the Honda HR-V e:HEV L here Interested in buying a Honda HR-V? Get in touch with one of CarExpert’s trusted dealers here MORE: Everything Honda HR-V There were four other small SUVs that were also rated at 8.1, and we feel they deserve a mention too. The final spot on the list above could have easily been taken by the Mazda CX-30 G25 GT SP , though the Honda comes first alphabetically. You can read the review of that CX-30 here . Our all-encompassing review of the new Toyota C-HR range could also sneak in, but because a later review of the specific GR Sport variant scored 7.9 we decided to give it an honourable mention instead. The updated MG ZS range scored 8.1 too, but because that was also a broad review of a model we’re yet to review in specifics it gets an honourable mention. Like, the new C-HR GR Sport, the outgoing MG ZST scored 7.6. Finally is the Omoda E5 , which scored 8.1 in its standalone review. We’ve given it an honourable mention because we’re yet to get our hands on one to test at home in our usual manner.
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