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Current Health Partners with Patients Know Best to Provide Unprecedented Real-Time Visibility of Patient Data

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Current Health and Patients Know Best (PKB) today announced an integrated solution that lets clinicians and care teams monitor vital signs and health information in real-time. The joint solution from Current and PKB will enable clinicians to better manage chronic conditions and at-home patient care, reduce hospital admissions and improve cost efficiencies.

The joint solution will give care teams immediate access to patients vital signs, visible through PKBs digital platform, to speed up timely and preventative care, as well as empower patients to take proactive control of their health care.

Patients Know Best collects patient data from healthcare providers and shares it quickly, safely and effectively, giving patients, carers and their care teams immediate access to vital information and support anywhere, anytime. Patients and healthcare providers have access to detailed information such as appointment letters, medication lists, test results, allergies and details of previous attendances and discharge information.

Mohammad Al-Ubaydli, CEO and Founder of Patients Know Best, added, The BMJ1 and others have long highlighted the importance of informing patients and relatives in real-time about the progress of an acute illness. Recovery can be faster and safer at home, surrounded by family and loved ones, whilst freeing up hospital beds. Its a pleasure to work with Current as their solution delivers safe early discharge with remote monitoring by hospital staff, whilst PKB informs patients and carers about their progress and treatment. We look forward to bringing this to more patients more quickly across the world.

Current passively measures a patients vital signs in real time with its upper-arm wearable. Developed using one of the worlds largest physiological data sets, Currents proprietary algorithms continuously analyze data to derive a patients health trajectory by detecting potential indicators of patient decline earlier for faster intervention.

Christopher McCann, CEO of Current Health, said, By combining Currents real-time, passive remote patient monitoring with PKBs patient portal, clinicians will have instant access to a complete picture of a patients health, from their respiratory and oxygen saturation rates to their medications and allergies and most recent discharge information, which will allow for improved clinical workflows, reduced hospital readmission and, ultimately, better patient outcomes.

The first deployment of this joint solution will be at Imperial College Healthcare Trust as part of the Care Information Exchange project in North West London.

About Current Health

Current Health help healthcare providers to intervene proactively at home and in hospital via continuous, wireless monitoring and precise early warning alerts. We monitor the human body in real-time. FDA-cleared and with ICU-level accuracy, we track more vital signs than any other all-in-one device. Today, were focused on helping healthcare providers deliver earlier treatment to reduce readmissions and preventable deaths whilst building the capability to predict disease onset. Headquartered in Edinburgh, Scotland, Current is venture backed by investors ADV, MMC Ventures and others. For more information, visit https://www.currenthealth.com/.

About Patients Know Best

  • Patients Know Best (PKB) is the UKs largest patient portal and the worlds first patient-controlled health records system.
  • The Care Information Exchange in North West London (powered by PKB) is the largest patient-held record in the UK. To find out more, visit https://www.careinformationexchange-nwl.nhs.uk/.
  • The system is a multi-award winning tool to help patients manage their care better.
  • PKB integrates fully into Englands NHS N3 secure network and the NHS Wales Informatics Service.
  • PKB is available on any internet-enabled device. It can be used by patients and clinicians anywhere in the world.
  • PKB is now used by over 60 hospitals across seven countries and in 19 different languages.
  • By choosing who they want to share their information with, patients can work more closely and effectively with their clinical teams. For example, healthcare professionals can create care plans digitally with input from patients; data from personal wearable devices can also be uploaded to enhance the monitoring of complex conditions. Videos and other media content can additionally be made available to help educate patients and further improve care.
  • To find out more, visit www.patientsknowbest.com. You can also follow us on Twitter @patientsco.

1 See https://www.bmj.com/content/363/bmj.k4514

Metis Communications
Caroline Curran, 910-409-4126
[email protected]

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Federal Reserve Announces Finzly as FedNow Pilot Program Participant

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CHARLOTTE, N.C., Jan. 26, 2021 /PRNewswire-PRWeb/ — Finzly, a fintech provider of modern banking applications for foreign exchange, trade finance, payments and digital account opening, has been selected to participate in the Federal Reserve Banks' pilot program for its FedNowSM Service, a new instant payment service that will enable U.S. financial institutions of all sizes and communities to provide safe and efficient instant payment services in real-time.

Most notably, FedNow will allow businesses and individuals to send and receive payments 24x7x365. Designed to support the development, testing and adoption of the FedNow Service, the program will also promote the growth of services and use cases that leverage FedNow functionality. According to the Federal Reserve, more than 80 submissions were vetted “to ensure the program is representative of various types of institutions and service providers, connection types, settlement arrangements and experience levels.”

Winner of the 2020 Finovate award for “Best Enterprise Payments Solution,” Finzly's recently enhanced Payment Hub supports multiple payment networks through a single, consolidated system and will support newer RTP networks, including the FedNow Service. Payment Hub is interoperable, leveraging open APIs in the cloud to centralize consumer and business payment processing, monitoring, reporting and compliance, allowing FIs to provide customers with a more seamless payment experience.
“The FedNow Service marks a turning point in the industry's move to making real-time payments a reality,” said Booshan Rengachari, founder and CEO, Finzly. “We created our Payment Hub specifically to help FIs prepare and go to market faster with newer RTP networks and address the challenges of offering single payment API for multiple payment networks without having to run disparate payment systems from multiple vendors. We welcome the opportunity to be a part of this historical pilot program and help shape the service's features and functionality.”

To view the FedNow release and the list of organizations that have announced their participation, visit here.

About the FedNow Service
The Federal Reserve Banks are developing the FedNow Service to facilitate nationwide reach of instant payment services by financial institutions – regardless of size or geographic location – in near real time, around the clock, every day of the year. Through financial institutions participating in the FedNow Service, businesses and individuals will be able to send and receive instant payments conveniently, and recipients will have full access to funds within seconds, giving them greater flexibility to manage their money and make time-sensitive payments. Access will be provided through the Federal Reserve's FedLine® network, which serves more than 10,000 financial institutions directly or through their agents. For more information, visit FRBservices.org.

About Finzly
Finzly connects financial institutions with customers through a modern digital experience and an efficient, real-time payment services hub. Freeing financial institutions from core system limitations, Finzly's open, cloud-based bank operating system, BankOS, enables transformation and innovation at the speed of fintech. With the freedom to adopt solutions from Finzly and third parties of choice, financial institutions can implement apps in three simple steps – subscribe, try and launch. Serving customers across North America, Finzly has been modernizing international banking and treasury management solutions since 2012. For more information, visit http://www.finzly.com.

Media Contact

Augusta Bauknight, William Mills Agency, 678-781-7214, [email protected]

Nick Beyer, Finzly, 844-792-7783, [email protected]

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SOURCE Finzly

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ASTRALABS Raises $100,000 in First 6 Hours

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AUSTIN, Texas, Jan. 26, 2021 /PRNewswire/ — Newchip Inc. has rebranded to ASTRALABS INC. The company experienced exponential growth as their revenues climbed a staggering 357% from 2019 to 2020. As a result, the strategic decision was made to divide its company into a new parent structure with its product lines as independent wholly owned subsidiaries as part of the new venture studio model. 

ASTRALABS officially launched a public offering campaign on Wefunder on Jan. 25, 2021, and surpassed $100,000 within the first six hours. The company is raising at a $69.3 million pre-money valuation and has previously raised $4.5 million from investors and executives from Goldman Sachs, Credit Suisse, YGC, JV, Sputnik, YC & Polymath. 

ASTRALABS is a team and network of hundreds of top startup founders, expert mentors, and investors around the globe focused on rebuilding the world post-COVID-19. This new structure is a strategic move that will allow its subsidiaries to focus and grow independently while also contributing to the overall vision of the parent company. 

ATRALABS is currently made up of three wholly owned subsidiaries: Newchip – the flagship, global accelerator; Sofos.ai – an investor and sales lead generation platform; and Journey Venture Partners an investment management company. The creation of the parent company, ASTRALABS, will allow the individual business units to have a greater impact on the global startup ecosystem by providing resources at the different pain points in the founder's funding and growth journey. This move allows for further expansion such as the acquisition of companies that have previously completed the Newchip Accelerator or other companies that might align with the ASTRALABS' mission.

Founder and CEO of ASTRALABS, Andrew Ryan, speaks of the opportunity at hand for investors, “I believe this model is revolutionary. It's unlike anything that's been available to everyday investors.” In the past year we have already secured over $100 million in future equity warrants,” says Ryan.

Investors can learn more about the investment opportunity and the current offering at the Wefunder on ASTRALABS' campaign page.

About ASTRALABS

ASTRALABS is a team and network of over 1,200 top startup founders, expert mentors, and investors focused on rebuilding the world post-COVID-19. As a venture studio, the company's aim is to build a new global startup ecosystem and product portfolio focused on educating and equipping the next generation of entrepreneurs with what they need to succeed. With over 750 graduated startups, ASTRALABS possesses over $100 million in equity warrants in a combined estimated market size of over $5 billion. ASTRALABS in the parent company of the Newchip Accelerator, Journey Venture Partners and Sofos.ai. For additional information, interview or speaking requests and for all other inquiries, please contact [email protected].

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Apollo Bank Adds CheckAlt's Lockbox Services on Top of Item Processing Solutions

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LOS ANGELES, Jan. 26, 2021 /PRNewswire-PRWeb/ — Apollo Bank of Miami has expanded its relationship with CheckAlt, the largest independent provider of item processing and treasury management solutions in the U.S., to provide lockbox services for its corporate clients in addition to item processing including at-branch check image capture and statements.

“Seeking an outsourced lockbox payment processor that could be implemented quickly, we turned to our known and trusted vendor, CheckAlt,” said Jeannie Spano, VP of Deposit Operations for Apollo Bank. “CheckAlt's straightforward implementation and effective collaboration has made turning on lockbox processing for our clients on the new platform easy.”

Apollo Bank knew it did not want to build its own in-house lockbox scanning department. CheckAlt's lockbox services and corresponding web-based platform enables the bank's business clients to simplify reconciliation and realize check payments faster.

“CheckAlt is proud to deepen our relationship with Apollo Bank as now their provider of item processing and lockbox services,” said Carolyn Morris, Relationship Manager for CheckAlt. “It has been a pleasure assisting Jeannie and her team at Apollo Bank with the implementation of our lockbox solution as well as training for their clients.”

For more information about CheckAlt's lockbox services, please visit https://www.checkalt.com/products/lockbox-services.

About CheckAlt

In the past 10 years, CheckAlt has become the leading provider of check payment processing solutions for hundreds of financial institutions across the country. As both bank agnostic and demographic agnostic, CheckAlt is uniquely positioned for payments convergence. It has been our focus to process check payments while also eliminating paper from the system with robust electronic payment APIs. CheckAlt's solutions include lockbox processing across a nationwide hub-and-spoke network of processing sites, consolidated item processing, integrated treasury solutions, and mobile capture services. CheckAlt is headquartered in Los Angeles, Calif.

Media Contact

Tiffany Rider, CheckAlt, +1 (310) 663-7062, [email protected]

Twitter, Facebook

 

SOURCE CheckAlt

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