Published
- 01:00 am

Bank of America today announced that it is introducing a new feature that will allow clients to move seamlessly between the Bank of America, Merrill Lynch, Merrill Edge and U.S. Trust mobile apps without having to re-authenticate.
The new feature is part of a broader approach designed to make it easier for clients to manage their banking and investing activities in one place.
This enhancement is one of a series of updates to the award-winning mobile banking app from Bank of America and investing apps offered by Merrill Lynch and Merrill Edge, which deliver innovative solutions to clients based on their feedback. These enhancements provide clients new, interactive ways to use mobile apps, helping them to bank and invest on the go.
“We’re pleased to offer our nearly 26 million mobile users a new suite of innovative features,” said Michelle Moore, head of digital banking at Bank of America. “As we expand our mobile banking app to give clients the digital solutions they need, we remain committed to investing in cutting-edge technology that will help them better pursue their financial goals on their terms.”
Industry research shows that many clients prefer all-encompassing, full-service wealth management; in fact, a majority of those with more than $1 million in assets want their banking and investment services accessible in one place. Some 70 percent of millennials in this category share this preference.1
“This latest update will allow our wealth management clients who use mobile apps instant, one-touch access to both banking and investment services,” said Andy Sieg, head of Merrill Lynch Wealth Management. “It provides a state-of-the-art mobile platform that allows clients to view their banking and financial assets and activities in one place and to manage the full range of day-to-day transactions with ease.”
“Our research continues to underscore the growing importance of mobile technologies and financial planning across generations,” said Aron Levine, head of Merrill Edge. “This is especially true for today’s millennials, as three-quarters believe that all financial decisions will be made with the help of technology in their lifetime, and approximately two in three are already turning to finance apps for guidance.”2
The new app-linking feature will be available at Bank of America, Merrill Lynch, and Merrill Edge today and at U.S. Trust in November.
Other new features on the Bank of America mobile app include:
• Personalized cash flow: Bank of America clients, as well as Merrill Lynch or Merrill Edge clients with Bank of America relationships, can now view a personalized cash flow analysis along with income and spending insights across their banking and brokerage accounts.
• New biometric authentication features: Using the latest in biometric security technology, Bank of America’s mobile clients are now able to identify and authenticate themselves through other channels, including interactive voice response and call center platforms, with their mobile device. Biometric capabilities that clients use on a daily basis, such as fingerprint and Face ID, replace traditional forms of authentication.
• Shopping cart experience: Clients can now easily and conveniently shop for all of the services Bank of America has to offer from the mobile banking app. They can also save their progress and return to it at a later point by saving products to their shopping cart.
• Zelle® enhancements: As clients increasingly shift to cashless solutions, Bank of America is making it easier to manage Zelle person-to-person (P2P) transactions within its mobile banking app. The newly introduced ZelleActivity Center gives clients a consolidated view of all their Zelle activity. Enhancements to the app help clients confirm the identity of the friends or family to whom they are sending funds for the first time. Bank of America recently announced total Zelle sent and received transactions for the year surpassed $25 billion across more than 4 million active Bank of America users.
• Digital Mortgage Experience™ update: Bank of America is empowering its clients with a customized homebuying experience by allowing them to connect with their preferred professional lending specialist within the Digital Mortgage Experience.
• More ways to manage alerts: Bank of America is providing its clients greater control over how they choose to stay on top of their finances with proactive alerts. Clients can manage all email, text and mobile account activity notifications from their mobile banking app; this capability was previously only available in online banking.
• Statements and documents redesign: The statements and documents page has been updated to provide clients faster access to their recent statements across all accounts.
• My Rewards: Bank of America also recently announced its My Rewards dashboard – a single, convenient place available within online and mobile banking that allows clients to manage their Bank of America rewards across the bank’s rewards programs, including Preferred Rewards, credit cards and BankAmeriDeals.
Also coming soon to Bank of America’s mobile app is an improved mobile Bill Pay experience, which will begin rolling out to clients later this month. One of the industry’s first, Bank of America’s mobile Bill Pay will offer additional features that were previously available via online banking, including the ability to add and maintain automatic payments, search history, and pay multiple bills at once – all from clients’ mobile banking app.
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- 06:00 am

To help protect customers from ever-increasing fraud and security threats, Oracle today unveiled the enterprise software industry's first AI-driven security and risk management solution. Designed specifically for Oracle Enterprise Resource Planning (ERP) Cloud, Oracle Risk Management Cloud's new Advanced Access Controls enable organizations to continuously monitor for segregation of duties (SOD), financial compliance (SOX), privacy risks, proprietary information and payment risks.
The new controls embed self-learning, artificial intelligence (AI) techniques to constantly examine all users, roles and privileges against a library of active security rules. The offering includes more than 100 best practices (configurable rules) across general ledger, payables, receivables and fixed assets.
"As the pace of business accelerates, organizations can no longer rely on time-consuming manual processes, which leave them vulnerable to fraud and human error," said Laeeq Ahmed, managing director at KPMG. "With adaptive capabilities and AI, products such as Oracle Risk Management Cloud can help organizations manage access controls and monitor activity at scale to protect valuable data and reduce exposure to risk."
"On-going disruption in the marketplace and regulatory landscape presents continually evolving operational and financial risks," said Bill Behen, principal at Grant Thornton. "Oracle's unique approach to risk management and expertise applying AI technology enables organizations to securely move to the cloud and continuously protect their business from a host of external and internal threats."
The pre-packaged audit-approved security rules automate access analysis during the role design phase to significantly accelerate ERP implementations. In addition, the intuitive workbench, visualization and simulation features within Advanced Access Controls make it easy to add new rules and further optimize user access. Once live, the solution continuously monitors and automatically routes incidents to security analysts.
To help customers analyze complex, recursive and dynamic security data across all users, roles and privileges, Advanced Access Controls uses graph-based analysis and self-learning algorithms. This enables organizations to accurately and reliably review and visualize the entire path by which any user is able to access and execute sensitive functions.
"Advanced Access Controls automate the time-consuming analysis needed to protect business data from insider threats, fraud, misuse and human error," said Sid Sinha, vice president of Risk Management Cloud Product Strategy, at Oracle. "This service is part of an integrated, practical solution to effectively protect information in business applications using the latest data analysis and exception management techniques."
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- 06:00 am

Silver Tree Consulting & Services signed on today with Apptinuum, a platform developed by ChoiceWORX, to provide artificial intelligence fueled end-user application, device support, and infrastructure management to their clients and internal operations.
ChoiceWORX, an intelligent automation software firm that is revolutionizing Information Technology (IT) operations, recently launched Apptinuum, a first-of-its-kind cognitive platform that combines multiple modern technologies to improve end-user support, infrastructure management, Mean Time To Repair (MTTR) and ultimately the customer experience.
"This strategic integration will significantly reduce end-user tickets, manage synchronous and asynchronous end-point devices and avoid the "admin in the middle" paradigm with issue resolutions for Silver Tree and their clients. In turn, this will produce increased productivity and yield significantly reduced operational costs," said Sam Gross, CEO & Founder at ChoiceWORX.
"We are so impressed with Apptinuum's capabilities that we will deploy it corporate-wide to our own personnel. Apptinuum is a perfect fit for our IT Service Management (ITSM) offering, to better enable digital transformation that delivers real outcomes for our clients. With Apptinuum, we are able to help clients easily automate a wide range of functions, cutting down on their workload, saving them money and enhancing their customers' experience. Our passion at Silver Tree is to deliver the highest degree of automation for business and IT operations. Apptinuum is a fundamental component of our complete solution for digital transformation of IT operations," said Richard Ricks, Founder & CEO, Silver Tree Consulting & Services.
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- 05:00 am

H2O.ai, the open source leader in AI, has been named a "Top 3 Vendor" in Artificial Intelligence and Machine Learning by industry analyst firm Enterprise Management Associates (EMA) in its latest report titled "EMA Top 3 Enterprise Decision Guide for Artificial Intelligence (AI) and Machine Learning (ML)," based on the innovations of its enterprise-ready automated machine learning platform, H2O Driverless AI.
The new report from EMA provides guidance for enterprises on how to optimally leverage today's AI and ML capabilities depending on their individual situation and priorities, specifically highlighting the top three enterprise software products in the industry it recommends should be included in product evaluations. Each of the Top 3 Vendors EMA were chosen based on end user research, market analysis, technical product reviews and expert interviews to provide enterprise customers with pragmatic guidance to optimally benefit from AI and ML.
In the EMA report, H2O.ai is specifically recognized for "its vision of creating an AI and ML tool that ultimately aims to allow almost everyone within the business to create their own predictive models," and how that vision is executed in H2O Driverless AI. The automated machine learning platform empowers data scientists or data analysts to work on projects faster and more efficiently by using automation and state-of-the-art computing power to accomplish tasks that can take humans months in just minutes or hours by delivering automatic feature engineering, model validation, model tuning, model selection and deployment, machine learning interpretability, time-series, NLP and automatic pipeline generation for model scoring.
As part of its commitment to democratizing AI, H2O.ai recently announced expanded NLP capabilities and integrations for H2O Driverless AI that allow organizations to broaden their current AI strategies, directly address key machine learning use cases, improve the accuracy of many predictive models like fraud detection and churn, and expand to sentiment analysis, document classification and other text-centric applications.
"There is a very clear need in the market for a solution that enables a broader subset of employees within an organization to leverage the power of AI and ML to drive decision-making, and H2O Driverless AI aims to accomplish just that," said Torsten Volk, managing research director of containers, DevOps, machine learning and artificial intelligence at EMA. "During our testing of the platform using a variety of different data sets, it achieved impressive results – automatically extracting a tremendous amount of predictive capacity from the data sets and making this capacity available via automatically generated scoring pipelines. This, in turn, enables organizations to gradually introduce AI and ML capabilities into their software development process."
In his analysis of H2O Driverless AI, Volk notes that H2O.ai levels the playing field in AI and ML by enabling everyone to experiment with data and algorithms to make fact-driven business decisions and build a strong data-driven culture from an organization's earliest stages, while preventing common issues and mistakes that are often made at the start of an AI journey.
"At H2O.ai, we are truly committed to democratizing AI – allowing anyone in an organization to realize the full potential of their data through automatic machine learning," said Ingrid Burton, CMO at H2O.ai. "We are honored that EMA understands the value of what H2O Driverless AI has to offer as enterprises embark on their AI Transformation."
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- 06:00 am

Chinasoft International Ltd (HK:0354), one of the largest IT services firms in China, today announced the appointment of Gavriella Schuster, Corporate Vice President, Global Commercial Partner at Microsoft, to their board of directors. Ms. Schuster is an industry veteran with more than two decades of experience at Microsoft. The recent addition of Ms. Schuster bolsters Chinasoft's recent worldwide expansion into Latin America, Indiaand Malaysia and future growth.
"Chinasoft is delighted that Gavriella has agreed to join our board," said Dr. Yuhong Chen, also known as Henry, CEO of Chinasoft. "We are quickly expanding our Microsoft business, especially around digital workplace and the cloud, and her deep knowledge of the Microsoft ecosystem and her relationships will be invaluable as we expand our presence around the world."
Gavriella Schuster leads Microsoft's global portfolio of channel partners. With more than 20 years of leadership expertise in digital and cloud transformation roles, her strategy and execution expertise spans all aspects of business model and product development, launch, marketing, sales and partner development. She leads the global recruitment, enablement and engagement of Microsoft's fast-growing partner ecosystem. Under Gavriella's leadership, she has led global teams in building an ecosystem of over 700,000 engaged partners, adding 30% more partners year-over-year and over 7,000 net new partners to Microsoft monthly. More about Ms. Schuster can be found on her LinkedIn profile.
Microsoft is currently the 2nd largest institutional owner of Chinasoft International. To complement this relationship, Chinasoft's U.S. subsidiary, Catapult Systems, has a 25-year partnership with Microsoft, and is a leader in the Microsoft partner ecosystem in the United States.
David Fuess, CEO of Catapult Systems, said, "I am excited for the opportunity to work side by side with Gavriella. We have known each for more than fifteen years, so I know first-hand that I will learn a lot from her knowledge and talents as a technology leader. This appointment provides all companies involved the chance to collaborate and create a more strategic alignment in the years to come."
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- 05:00 am

CashValet®'s and POSpod™ technology delivers rich and dynamic feature functionality now installed in Canada providing operators tools to better manage Anti-Money Laundering (AML) requirements, responsible gambling initiatives, evolving privacy regulations while setting new benchmarks in performance.
The PCI DSS Level 1 - P2PE certified solution and cloud-based application stands alone in casino payments providing the highest level of security while providing operators custom modules to proactively manage their business in real time. Together with CashValet®, Passport Technology's patented ActiveData RT® analytics software provides never before available feature functionality addressing dynamic pricing, security, responsible gambling initiatives, KYC regulations and loyalty programs.
Passport Technology is excited to introduce the industries first fully functional, smart and P2PE certified cashier terminal POSpod™ SE as part of the POSpod™ family of Point of Interaction (POI) devices. The SE terminal resides conveniently at the cashier's desk and provides patrons and the operator the same user experience and feature functionality of the larger self-service POI devices located throughout the casino. The addition of POSpod™ SE along with CE and ME, provides operators with a variety of unique form factors and POI's to best accommodate their environment while providing a consistent and rich patron experience.
"Together with our Canadian partners—and based on our successful experience in the United Kingdom and Europe—we are deploying solutions delivering immediate operational, financial and social impacts to Canadian operators," states Kurt Sullivan, Chief Operating Officer. "We are excited to establish CashValet®, POSpod ™, ActiveData RT® and our soon to be launched ATM Drive™ solution as new industry standards."
"We're absolutely delighted to see our Canadian designed product suite installed and live with one of Canada's leading casino operator and eager to complete dozens of installs from East to West including ACM-OWL™, gaming's most advanced ATM platform," states Scott Dowty, Chairman. "This is a true homecoming for Passport Technology and a great example of Canadian innovation and perseverance."
Passport Technology launched services in the United Kingdom in February 2017 and has established itself as the industry leader in the UK and Europe steadily taking market share from competitors and creating new market opportunities. Since launch, Passport Technology has processed more than $200,000,000 USD, available in over thirty casinos, spanning two continents and six countries.
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- 06:00 am

LendingTree, Inc. (NASDAQ: TREE) announced today that it has entered into a definitive agreement to acquire QuoteWizard.com, LLC, one of the largest insurance comparison marketplaces in the growing online insurance advertising market. Since its founding in 2006, QuoteWizard has helped nearly 40 million consumers find their ideal insurance policy with top-tier insurance carriers across key insurance markets: auto, home and health.
"By acquiring QuoteWizard, LendingTree will establish itself as a leading player in the online insurance advertising industry, while continuing our ongoing diversification within the financial services category," said Doug Lebda, Founder and CEO of LendingTree. "With QuoteWizard's proprietary technology platform, direct relationships with over 30 of the top-tier carriers and a network of nearly 10,000 agents, combined with LendingTree's strong brand and extensive reach, we will be well-poised to capitalize on the growing market opportunity that stems from the ongoing digitalization of the financial services industry."
"LendingTree's strong brand identity, online marketing and technology capabilities are the ideal match for what we've built at QuoteWizard," said co-founder and CEO Scott Peyree. "This acquisition will give our business the reach and tools it needs to continue our growth trajectory while further diversifying LendingTree's product portfolio. We're simply thrilled to join the LendingTree team and really excited about what our two companies will be able to do together in the coming years."
The equity purchase has a possible total consideration of $370.2 million, which consists of $300 million in cash at closing and contingent payments of up to $70.2 million, subject to achieving certain growth targets over a three-year period.
The acquisition is expected to close in the fourth quarter subject to customary closing conditions and LendingTree intends to fund the acquisition through cash on hand and by drawing on the existing credit agreement.
For the six months ended June 30, 2018, QuoteWizard enjoyed considerable growth, with approximately $75.6 million in revenue and approximately $12.8 million in Adjusted EBITDA. LendingTree expects the acquisition to be accretive to 2019 adjusted earnings per share.
LendingTree will host a conference call tomorrow, Friday, October 5, 2018 at 8:00 AM Eastern Time (ET) to discuss the transaction and answer analysts' questions. Those interested in accessing the toll-free call may dial (877) 606-1416. Callers outside the United States and Canada may dial (707) 287-9313. A live audiocast will be available to the public and can be accessed via LendingTree's investor relations website at http://investors.lendingtree.com.
BofA Merrill Lynch acted as exclusive financial advisor to LendingTree in connection with the transaction. GCA Advisors, LLC acted as exclusive financial advisor to QuoteWizard in the transaction.
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- 06:00 am

Digital World Exchange is now open for trading. This platform is one-of-a-kind in the fact that it is backed by ten million in Bitcoin. Users can create an account within the platform to buy, sell, and trade cryptocurrencies. Currently, the exchange supports the top fifteen cryptocurrencies and was built on a platform to allow for a user-friendly experience.
The CEO, Alexander Elbanna, is proud to deliver a platform which allows users to buy, sell, and trade while also having access to a digital marketplace referred to as the Amazon of cryptocurrency. Alex is looking forward to the exchange expanding across multiple countries and allowing people in isolated areas to utilize the exchange as a form of payment and/or trade. "One of the most difficult things we face in this country is the fact that our economy discriminates against the hardworking class with low wages, minimal health care, and their inability to meet financial obligations they are expected to meet," says Elbanna. "With Digital World Exchange, we will find solutions for every sector starting with agriculture, energy, financial, healthcare, housing, and education. Using our platform will give users the opportunity to gain financial growth for the first time. With our technology, we use confirmations that are instant and applicable to real life situations such as buying a cheeseburger at McDonald's, paying for gas, and swiping your card to pay for a snack. Our goal is to make a currency that can be used in daily life to help the 99.9 percent of the world."
The coin is listed as DWE, and is not an ICO. The exchange is a blockchain network with instant confirmations of transactions. Digital World Exchange is looking to be a global solution for issues that everyone in the world is facing. Digital World Exchange's mission is based upon supporting the community in a positive way which in turn will allow its community to support the exchange. "We back our exchange using BTC and 51 percent of our exchange profits daily. 51 percent of profits stay in exchange, and each month we will award bonus DWE coins based on the monthly average of coins in your DWE wallet. So you earn DWE as you hold the coins in addition to the fluctuation of the market price, making it a win/win for our community. We have a lot of plans moving forward, but will only announce them 48 hours prior to release. In this wild west world, we want to ensure your safety and security."
"DWE payments will confirm in less than a second. Our Masternodes, Instasend, and Private send have an X11 Algorithm, mining software and Proof of work / Proof of Stake. We will implement ZeroCoin protocol for anonymous transactions. This will protect your financial information. PrivateSend ensures your activity history and balances will be private. Transactions are confirmed by 200 TerraHash of X11 ASIC computing power and over 4,500 servers hosted around the world. The same transaction, paid with DWE, would cost less than $0.01. i.e. It'd almost be free. In the Bitcoin network, transactions require 10 minutes for confirmation. For a business, this is unacceptable. PIVX transactions, on the other hand, are confirmed within 60 seconds and are most often instant. We are eco-friendly as it does not require any traditional computationally demanding miners to run its network. Our blockchain was built by forking from DASH and PIVX.
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- 02:00 am

On September 26, 2018, at the Philippine Consulate in Chicago, the ALTHASH blockchain, represented by HTMLCOIN, signed a Memorandum of Understanding (MOU) with Kinasang'an Foundation Inc. (KSFI) to secure newborn birth data on the ALTHASH blockchain. As the overseer of the Wellness Family Midwife Clinics in Mindanao, Philippines, KSFI will then upload and secure the research outcomes resulting from KSFI's use of the blockchain. The results have the potential to drastically reduce the alarming number of global newborn deaths, which reaches 2.7 million annually.
HTMLCOIN is quickly accelerating its partnerships with other health care institutions across Southeast Asia and the world and is proud to have selected KSFI as a launching pad for acquiring a user base in the health-care community. Moreover, the signing of the MOU opens doors for individuals and organizations to interact with and utilize the ALTHASH blockchain, as the new web platform contains the Myoffspring DAPP, which registers newborns' place and date of birth, parents' names, and other information.
The ALTHASH Blockchain web platform AltHash.org is the homepage for all DAPPs built on HTMLCOIN's ALTHASH blockchain. In the next six to twelve months, at least twenty-five DAPPs will be released, ranging from e-governance (e.g., vote tracking) to health care (e.g., newborn registration) to e-learning to art (e.g., registration of artists' creations). Two DAPPs were released initially as use cases: MyOffspring, an application for registering newborns and creating digital certificates on the blockchain, and the TokenFarm, which enables anyone to create tokens by filling out a form in less than a minute and is particularly useful for business owners who want to reward loyal customers. The HTMLCOIN team encourages and supports DAPPs created by its community, curating their content and making them available on the web platform.
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- 05:00 am

Atar Labs will introduce its next-generation SOAR platform ATAR with its regional distributor StarLink in SR-J2 booth to more than four thousand participants from 120 countries during the 38th GITEX Technology Week at Dubai World Trade Center on 14-18 October.
Atar Labs CEO Burak Dayioglu said, "ATAR is built out of necessity. Investing more in security technologies and trying to hire more people does not get us more secure. We need to leverage our existing tools and staff better and this is why we are building ATAR. The market feedback we are receiving and the blue chip customers we are working with demonstrates that Atar Labs is on the right path. Our target as Atar Labs is to be the market leader in the region. We are excited to be presenting the ATAR with sector leaders of MENA and South East Asia at GITEX Technology Week."
Security automation and unified investigations interface bring in agility to cyber defense
ATAR integrates with 100+ different technologies and the ATAR robot can be programmed in the field to handle repetitive activities, sparing a lot of time and resources. ATAR's unique simple and secure investigation interface allows analysts to investigate and respond to cyber alerts without switching screens or logging in and out of different applications while allowing collaboration between team members. ATAR's security model allows safe delegation of sensitive security work to less experienced resources. With ATAR, multiple organizations observed analyst productivity increases in the order of 15-20 times.