JAM

USDF Consortium™ Members Demonstrate Interoperability of Bank-Minted Stablecoin

Retrieved on: 
Wednesday, January 19, 2022
SAN, USDF, Private Securities Litigation Reform Act, FDIC, SEC, NEW, NYSE, Queens County Savings Bank, Blockchain, Consortium, Association, Technology, New York Community Bank, Adoption, Risk, Roslyn Savings Bank Building, JAM, AmTrust Bank, Company, Community, Annual report, U.S. Securities and Exchange Commission, Forward-looking statement, Interest, Atlantic Bank, Growth, Flagstar Bank, Reference, Time, Figure Technologies, Securities Act of 1933, Securities Exchange Act of 1934, First Bank, Community Bank, Digital, Government, Securities and Exchange Commission (Nigeria), Goal, NYCB, COMMUNITY, Greater Community Bancorp, Cryptocurrency, Bank

NBH Bank's minted USDF represented the capital contribution for its founding membership in the USDF Consortium, an association of FDIC-insured financial institutions with a mission to build a network of banks to further the adoption and interoperability of a bank-minted stablecoin (USDF).

Key Points: 
  • NBH Bank's minted USDF represented the capital contribution for its founding membership in the USDF Consortium, an association of FDIC-insured financial institutions with a mission to build a network of banks to further the adoption and interoperability of a bank-minted stablecoin (USDF).
  • As previously announced, New York Community Bank and NBH Bank, along with First Bank, Sterling National Bank, Synovus Bank, Figure Technologies, Inc., and JAM FINTOP are the founding members of the newly launched USDF Consortium.
  • The USDF Consortium is accepting new members as it looks to grow.
  • Interested banks can visit www.usdfconsortium.com to learn more about the Consortium, USDF, membership requirements, and how to apply to become a member.

USDF Consortium™ Launches to Enable Banks to Mint USDF Stablecoins

Retrieved on: 
Wednesday, January 12, 2022
U.S. Securities and Exchange Commission, Association, Forward-looking statement, Technology, Chief digital officer, Treasury, First Bank, SAN, USDF, Private Securities Litigation Reform Act, FDIC, SEC, Interest, Adoption, Community Bank, Safety, Securities Act of 1933, Growth, Risk, Digital, Decentralized finance, Solution, JAM, Reference, Banking as a service, Blockchain, Time, Consortium, Goal, Service, NYCB, Figure Technologies, Securities Exchange Act of 1934, New York Community Bank, Compliance, Board, Annual report, Cryptocurrency, Bank, Audit, Figure

USDF will be minted exclusively by U.S. banks and will be redeemable on a 1:1 basis for cash from a Consortium member bank.

Key Points: 
  • USDF will be minted exclusively by U.S. banks and will be redeemable on a 1:1 basis for cash from a Consortium member bank.
  • USDF addresses the consumer protection and regulatory concerns of non-bank issued stablecoins and offers a more secure option for transacting on blockchain.
  • "The USDF Consortium will allow banks of all sizes, and importantly, community banks, to provide the digital banking solutions that more and more of our clients expect," said Valerie Kramer, NBH Bank's Chief Digital Officer.
  • Interested banks can visit www.usdfconsortium.com to learn more about the Consortium, USDF, and membership requirements, and to apply to become a member.

Sterling Bancorp Announces Strategic Investment in JAM FINTOP Blockchain, LP

Retrieved on: 
Tuesday, January 11, 2022
Technology, Sterling, Sterling Bancorp, Adoption, NYSE, Innovation, GLOBE, JAM, Solution, Blockchain, History, PEARL, Thought, Figure Technologies, LLC, Piper Sandler Companies, Partnership, STL, Investment, Cryptocurrency

The fund is managed by JAM Special Opportunity Ventures, an affiliate of Jacobs Asset Management, LLC (JAM), and FINTOP Capital.

Key Points: 
  • The fund is managed by JAM Special Opportunity Ventures, an affiliate of Jacobs Asset Management, LLC (JAM), and FINTOP Capital.
  • Sterling is one of a group of Strategic Lead Investors in the fund which includes Figure Technologies, Inc. and Piper Sandler Companies and will sit on the JAM FINTOP Blockchain Committee.
  • JAM FINTOP is a joint venture between JAM Special Opportunity Ventures (JSOV), an affiliate of Jacobs Asset Management (JAM), and FINTOP Capital.
  • JAM FINTOP Banktech raised $150 million in April 2021 to help accelerate technology adoption at community banks across the United States.

Posh Technologies Secures $27.5 Million in Series A Funding Led by Canapi Ventures

Retrieved on: 
Thursday, December 9, 2021
Professional Services, Technology, Mobile, Wireless, Software, Finance, Internet, Banking, Research, Technology, Kashyapa, Growth, Empathy, Credit union, FAQ, NLU, United States Department of State, Human capital, Triage, CEO, One Nevada Credit Union, Industry, LLC, JAM, DCU, MIT, Nasdaq, Solution, AI, Online shopping, Bank, Renewable energy, Posh Technologies, Canapi Ventures, POSH TECHNOLOGIES, CANAPI VENTURES

Posh Technologies, a proprietary conversational AI platform serving financial services companies, today announced that it has raised $27.5 million in Series A funding.

Key Points: 
  • Posh Technologies, a proprietary conversational AI platform serving financial services companies, today announced that it has raised $27.5 million in Series A funding.
  • Canapi Ventures led the round with participation from new investors Curql Collective, Human Capital, CMFG Ventures, JAM FINTOP, and Piedmont Capital.
  • Now its available to financial institutions of all sizes, serving all communities, said Karan Kashyap, Co-founder and CEO of Posh.
  • Canapi Ventures is advised by CenterHarbor Advisors and Canapi Advisors, LLC, a wholly owned subsidiary of Live Oak Bancshares, Inc. (Nasdaq: LOB).

JAM Paper & Envelope and BIGNAME Commerce Merge to Offer Customers More Choice and Efficiency

Retrieved on: 
Tuesday, December 7, 2021
Technology, Growth, Commerce, Collection, CEO, Industry, Organization, Paper, TZP, JAM, Partner, Online shopping, Retail, Management, Financial services

Mike Jacobs, founder of JAM Paper, will remain Director of Purchasing, a field he has specialized in for more than 46 years.

Key Points: 
  • Mike Jacobs, founder of JAM Paper, will remain Director of Purchasing, a field he has specialized in for more than 46 years.
  • TZP Group, a multi-strategy private equity firm that invested in BIGNAME Commerce in 2015, helped facilitate the merger.
  • East Wind Advisors acted as exclusive financial advisor to Jam Paper & Envelope in this transaction.
  • BIGNAME Commerce is a collection of leading e-commerce businesses specializing in customized products for businesses, organizations and consumers worldwide.

Geojam's $JAM Token Lifts Off from Lattice Launchpad after $5.9 Million Private Sale

Retrieved on: 
Monday, December 6, 2021
Constellation, Non-fungible token, Hypergraph, Sale, CEO, Time, Friction, Music, Blockchain, ID, LTX, Social, Decentralized finance, Risk, JAM, Social media, DAG, Friends, Ecosystem, Ideation, Multimedia, IOS, Life, APY, Cryptocurrency

The $JAM token presale raised $5.9 million through two private sale rounds.

Key Points: 
  • The $JAM token presale raised $5.9 million through two private sale rounds.
  • "Artists want to engage deeper with their fans, while fans have also demonstrated a desire to engage with their favorite artists.
  • Investors can now purchase $JAM token allocations at the initial launchpad offering price through the Lattice Exchange Launchpad by purchasing and staking Lattice's $LTX tokens to guarantee their spot.
  • In December of 2021, the company officially made public its Token currency, $JAM, which was made available through Constellation Network's Lattice Exchange.

Immersive Online Music Education Mega-Trend To Revive Live Music

Retrieved on: 
Thursday, November 4, 2021
Educational technology, COVID-19, Hall, Specials (Sirius XM), Snakebite, Knowledge, Album, Rock and roll, Music, Modern Blues (album), Blues Alive, JAM, Human, Time (Clock of the Heart), YouTube, Stomping Ground, Joe Bonamassa, Holiday, Time, Lead, JOE, Learning, Bass, Whitesnake discography, Friends, Different Shades of Blue, Radio, Student, Snakebite: Blacktop Ballads & Fugitive Songs

Video trailers, course descriptions and pre-orders are available now at:

Key Points: 
  • Video trailers, course descriptions and pre-orders are available now at:
    Pre-orders are available now at: https://joeb.me/truefire
    "Today's music education technologies expedite the sharing of knowledge between pro players and students of music.
  • In turn, we keep music very much alive and heighten the demand for live performances," says Bonamassa.
  • This immersive learning experience allows fans to play along with Joe and the band as if they are in the same room with them.
  • You play the rhythm parts and I'll play lead, or you take the lead and I'll play rhythm.

Immersive Online Music Education Mega-Trend To Revive Live Music

Retrieved on: 
Thursday, November 4, 2021
Educational technology, COVID-19, Hall, Specials (Sirius XM), Snakebite, Knowledge, Album, Rock and roll, Music, MASTER, Modern Blues (album), Blues Alive, JAM, Human, Time (Clock of the Heart), LOS, YouTube, Stomping Ground, Joe Bonamassa, Holiday, Time, Lead, JOE, Learning, Bass, Whitesnake discography, Friends, Different Shades of Blue, Radio, Student, Snakebite: Blacktop Ballads & Fugitive Songs, Industrial design

LOS ANGELES, Nov. 4, 2021 /PRNewswire/ -- Joe Bonamassa has announced the upcoming release of his first official online guitar instructional series, an interactive and immersive experience utilizing new educational technology with JOE BONAMASSA BLUES-ROCK MASTERCLASS and IN THE JAM with JOE BONAMASSA to be released in November just in time for the holidays.

Key Points: 
  • Video trailers, course descriptions and pre-orders are available now at:
    Pre-orders are available now at: https://joeb.me/truefire
    "Today's music education technologies expedite the sharing of knowledge between pro players and students of music.
  • In turn, we keep music very much alive and heighten the demand for live performances," says Bonamassa.
  • This immersive learning experience allows fans to play along with Joe and the band as if they are in the same room with them.
  • You play the rhythm parts and I'll play lead, or you take the lead and I'll play rhythm.

SpaceFund Invests in Rhea Space Activity for Autonomous Space Navigation Through Cislunar Space and GPS-Denied Environments

Retrieved on: 
Wednesday, November 3, 2021
Rhea, Deep Impact, NASA, Solar System, Engineering, TNT, Statistics, Topography, JAM, USAF, Global Positioning System, Lidar, Private spaceflight, United Kingdom, Intelligence Branch, Artificial intelligence, Five Eyes, RSA, SBIR, Eye of the Storm, GLOBE, Spacecraft, Department, GPS, LIDAR, Communications satellite

WASHINGTON, Nov. 03, 2021 (GLOBE NEWSWIRE) -- SpaceFund Inc. announced today that it has invested in the rapidly growing astrophysics start-up company Rhea Space Activity (RSA).

Key Points: 
  • WASHINGTON, Nov. 03, 2021 (GLOBE NEWSWIRE) -- SpaceFund Inc. announced today that it has invested in the rapidly growing astrophysics start-up company Rhea Space Activity (RSA).
  • Spacecraft that traverse beyond geostationary orbit lose the ability to navigate using the Earth-bound Global Positioning System (GPS).
  • "Cislunar" refers to the vast area of space between the Earth and the Moon.
  • Rhea Space Activity (RSA) is an astrophysics company that ideates and creates high-risk/high-reward research and development concepts to support U.S. national security objectives.

JAM Industries Rebrands as Exertis|JAM and Reaffirms Commitment to Core Values

Retrieved on: 
Wednesday, October 13, 2021
People, FTSE, Leadership, CFO, Lighting, AV, Technology, Deloitte, Solution, Music and Some Highly Musical People, Frenkel, The Music Trades (magazine), Society, JAM, CEO, Acquisition, DCC, Line Music, Music, Management, Video game

Our name is changing to align globally with our sister Exertis companies, but our core culture remains the same one that has made us the leader we are today," he emphasized.

Key Points: 
  • Our name is changing to align globally with our sister Exertis companies, but our core culture remains the same one that has made us the leader we are today," he emphasized.
  • In 2018, the company was named one of Canada's Best Managed Companies by Deloitte.
  • Music Trades magazine lists Exertis|JAM as #6 in its annual list of the Top 100 North American Music Products Suppliers.
  • For forty years Exertis has distributed the technology that transforms societies and facilitates the world's transition to digital.