All posts by imreal

Paravision Announces Addition of Joey Pritikin as Chief Product Officer


Paravision’s ability to attract industry veterans like Joey demonstrates the potential of our technology and the opportunity for growth in the computer vision space

Paravision, the leader in face recognition for mission-critical applications, today announced the hire of Joey Pritikin as its new Chief Product Officer. Joey will oversee all aspects of marketing and product management for the company and will report directly to the CEO, Doug Aley. Joey is the latest of several senior leadership hires for Paravision in operations, sales, and partnerships.

“Paravision’s ability to attract industry veterans like Joey demonstrates the potential of our technology and the opportunity for growth in the computer vision space,” said Aley. “Joey’s impressive track record of driving product innovation and advancement will help us build on our exponential growth while continuing to look for new ways to better serve our customers.”

Joey joins Paravision from Tascent, where he was Founder and Co-CEO. He led Tascent’s global team in the development of a comprehensive suite of award-winning biometric devices and software, deployed and enabling tens of millions of transactions annually in the US, Europe, Asia, and the Middle East. During his time at Tascent, the company won multiple national-scale and enterprise-wide programs, resulting in a tenfold increase in annual revenue.

Before Tascent, Joey held product leadership positions at AOptix Identity Solutions (acquired by Tascent) and Fidelica Microsystems (now part of Lenovo). Throughout his career, he has been focused on marketing and product management in biometrics and identity, coupling transformative technologies with cutting edge design, outstanding usability, and dynamic marketing.

“Just a few years ago, we didn’t dream that face recognition would get so good so quickly. Artificial Intelligence has dramatically altered the landscape of biometric identity and face recognition specifically, enabling outstanding accuracy and truly frictionless user experiences,” said Pritikin. “I’m thrilled to join the team at Paravision, which has established a clear leadership position in face recognition technology while also maintaining a focus on flexibility, collaboration, and trust.”

About Paravision

Paravision is a computer vision company specializing in face recognition technology. Powered by AI and leveraging the latest advances in Deep Learning, Paravision’s face recognition platform is trusted by global security device manufacturers, solution providers, systems integrators, and financial services firms to deliver frictionless experiences and comprehensive security.

Paravision strives to consistently raise the bar for face recognition technology in accuracy, security, inclusion, and convenience, being the only American company to rank in the top 10 in over 50 accuracy benchmarks across the 1:1 and 1:N NIST Face Recognition Vendor Tests.

Media Contact

Nikunj Merchant

Director of Marketing

press@paravision.ai

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Integrate Safety Reports Inspection Data with Procore


Safety Reports, a leader in the development of mobile safety solutions, has recently integrated their safety inspection software with Procore, a leading provider of construction management software. The new integration provides a seamless connection between Safety Reports and Procore, it’s easy to implement and free.

Available for Apple® and Android™ operating systems, the Safety Inspection App automatically uploads your safety documents and corrective action reports to Procore’s job folders allowing your team to stay on top of, and react to, important safety inspection data in a timely manner.

“We decided to integrate with Procore in large part because many of our subscribers are in the construction industry and the vast majority utilize Procore,” said Steve Polich, President and co-founder of Safety-Reports. “Procore allows contractors to manage and share a large variety of worksite documents and it only made sense to add our safety inspection and corrective action reports to their file sharing capabilities!”

“Our subscribers will appreciate how easy it is to integrate their Safety Reports account with Procore, and the benefits it will bring to their safety efforts!” says Chet Slump, CEO and co-founder of Safety-Reports. “And the best part, the integration is free to our subscribers!”

Said John Duncan, Safety Director with Lueder Construction Company, “We’re looking forward to having our inspection documents automatically uploaded to Procore! Communicating important safety information with our team has always been important, and now it will be easier than ever!”

For more information about Safety-Reports and the integration process, visit http://www.safety-reports.com or the Procore App Marketplace.

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Propper Manufacturing Company awarded Sterilization Assurance agreement with Premier


PROPPER MANUFACTURING COMPANY has been awarded a group purchasing agreement for Sterilization Assurance with Premier. Effective October 1, 2019, the new agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for sterilization monitoring products including, chemical and biological indicators for steam and ethylene oxide sterilization.

“Propper is honored to be awarded the Premier Sterility Assurance contract,” said Propper President and CEO Joseph Looney. “We look forward to providing Premier members with reliable, easy-to-use sterility assurance products. In addition, we know that Premier members will appreciate the cost savings that this preferred pricing provides as we continue to offer products of the highest quality.”

Sterilization Assurance is the monitoring of sterilization processes to ensure all conditions of sterilization are met. Chemical and biological indicators can be used for validation and verification testing for all types of sterilizers and sterilants. Sterility Assurance is essential to all infection control protocol and to ensure patient safety.

Premier is a leading healthcare improvement company, uniting an alliance of approximately 4,000 U.S. hospitals and 175,000 other providers to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and advisory and other services, Premier enables better care and outcomes at a lower cost.

Propper Manufacturing Co. has been an innovator in the sterilization assurance field and manufactures a complete line of products designed to meet the compliance requirements of sterilization monitoring in all healthcare, dental and veterinary settings. All Propper Manufacturing Co. products are manufactured in the USA in Long Island City, New York and are AAMI/ISO compliant.

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George H. McClaurin’s newly released “The Prominence of Man’s Existence” is a masterful guide that explains a man’s fate depends on his own decision


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“The Prominence of Man’s Existence”: a masterful handbook written to impart wisdom in recognizing one’s duty and responsibility regarding the spirit of error or good and evil. “The Prominence of Man’s Existence” is the creation of published author George H. McClaurin, a writer who has a vast love and strong faith to God.

McClaurin writes, “This volume 1 of the subject title is a primer of other volumes to come, first in importance, time, or rank; it is the base coat or foundation of other volumes to come. It can be used as an excellent study guide for the righteous saints of God who intend, design, or resolve to God’s will and maintain their salvation, which is a free gift of God through faith in Jesus Christ our Lord.

These are people who are positively influenced and responsive to 2 Timothy 2:15, people who are diligent or studious to present themselves—approved to God, workers not ashamed, rightly dividing the Word of Truth—and folks who testify that, according to 1 Corinthians 1:18 and Romans 1:16–17, the message of the cross is foolishness to those who are perishing, but to us who are being saved, it is the power of God.

Also, we are not ashamed of the Gospel of Jesus Christ because it is the power of God to salvation for everyone who believes, for the Jew first and also for the Greek. In it, the righteousness of God is revealed from faith to faith, that is, faith leading to faith because it is written that the just shall live by faith.

In the near future, look for the extraordinary life-giving introduction of The Prominence of Man’s Existence: His Origin, Structure, Function, and Destiny from a Biblical Perspective Volume II with the same fact-based compelling and comprehensible reading agility as Volume I.”

Published by Christian Faith Publishing, McClaurin’s new book is a vivid explanation about man being distinctly manifested, created in the image of God, projected beyond the mere surface of the earth in God’s sight, held in high esteem by God, and being made to exist, to have being, to be, to continue to be, and to live forever.

This book prompts the readers to remain conscious or mindful of their deeds or characteristics or activities that they are of moral character.

View a synopsis of “The Prominence of Man’s Existence” on YouTube.

Consumers can purchase “The Prominence of Man’s Existence” at traditional brick & mortar bookstores, or online at Amazon.com, Apple iTunes store, or Barnes and Noble.

For additional information or inquiries about “The Prominence of Man’s Existence”, contact the Christian Faith Publishing media department at 866-554-0919.

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Swizznet Names Bob Hollander President


Bob is a proven leader with deep experience in technology, scaling organizations and leading high-performing teams. His ability to create innovative go-to-market strategies that align with clients’ needs and deliver high growth is exactly what Swizznet needs.

Swizznet today announced that its Board of Directors has appointed Bob Hollander as President and member of the Board of Directors effective immediately.

“During this time of IT transformation and our clients’ move to cloud-based services, there is no better person to lead Swizznet than Bob Hollander,” said Mike Callan, Swizznet’s Founder, CEO and Member of the Board of Directors. “Bob is a proven leader with deep experience in technology, scaling organizations and leading high-performing teams. His ability to create innovative go-to-market strategies that align with clients’ needs and deliver high growth is exactly what Swizznet needs as we enter our next chapter of expanded growth and services innovation.”

Previously, Hollander served as Senior Vice President at InterVision where he was responsible for strategy and growth of managed, hosted and cloud services. Bob also served as Senior Vice President, North America for Savvis, which was a Gartner Magic Quadrant leader in hosting, colocation and private cloud solutions.

“Swizznet is a truly unique company that has built an exceptional technology platform and service experience around clients’ true business needs,” said Bob Hollander. “The market shift is underway in small to medium-sized businesses as they leave on-premise solutions for always-on, secure and backed-up ITaaS solutions in the cloud. Swizznet’s deep understanding of accounting and business applications along with our partnership with the leading accounting and ERP software providers has us best positioned to capture this market move. My objective is to accelerate growth and bring more value and service to our customers as they make the move to cloud.”

“We are fortunate to add someone of Bob Hollander’s caliber and experience to the Swizznet Leadership team,” said Kevin Fahey, Managing Director at Bluff Point Associates. “We are at a critical moment and we need seasoned leadership to successfully implement our growth strategy and take advantage of the market opportunities ahead.” Bluff Point Associates acquired Swizznet in June of this year.

About Swizznet:

Swizznet, a Sage-Authorized Partner, an Intuit-Authorized Commercial Hosting provider and a Microsoft Cloud Solution Provider, offers hosting solutions that empower accountants and businesses to free themselves from in-house infrastructure and IT headaches so that they can connect and collaborate from any computer or device. Swizznet offers an on-demand Marketplace and uses the latest cloud computing technology and tools to provide the fastest, most reliable cloud access to Sage and QuickBooks desktop applications. They backup their solution with Obsessive Support® and service, for the ultimate cloud accounting solution.

For more information, please call 1-888-794-9948 or visit https://www.swizznet.com.

About Bluff Point Associates:

Bluff Point Associates is a private equity firm based in Westport, Connecticut. Bluff Point actively invests in the healthcare information services sector as well as information services companies supporting the banking, trust, securities, retirement and wealth management sectors of the financial services industry. Bluff Point’s team collectively has decades of experience in recognizing a company’s growth potential and working with its management to reach that potential. For more information regarding Bluff Point, visit http://www.bluffpt.com.

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Securing the U.S. Power Grid with Meadow & TFA-Labs


This is a perfect use case for Meadow, and coupled with TFA Labs’ unique blockchain hardware, it’s a defense-grade, mathematically-secure solution that has a lot of surprising benefits.

TFA Labs has been awarded a grant from the U.S. Department of Energy and are combining Meadow and TFA Labs’ Signed at Source (IoT-SaS), hardware to help modernize and secure the U.S. electrical grid. Together, they’re building an IoT solution that provides strong blockchain-backed security that utilizes a public blockchain ledger to ensure immutable, tamper proof messaging as well as non-spoofable device identities generated by their proprietary hardware.

The opportunity to modernize and secure the U.S. power grid is enormous; much of it was built in the 1930s, long before connected networks and the security concerns that come with them. With Meadow and IoT-SaS, the grid can not only be brought up to date, but done so in a secure manner, providing uncompromisable command and control, secure messaging, and centralized management.

“This is a perfect use case for Meadow, and coupled with TFA Labs’ unique blockchain hardware, it’s a defense-grade, mathematically-secure solution that has a lot of surprising benefits,” said Bryan Costanich, CEO of Wilderness Labs; the creators of Meadow.

Massive Threat Surface with Catastrophic Consequences

The U.S. electrical grid and supporting infrastructure is a major target for hackers not only because of its current lack of security, which provides a major threat surface, but also the ability to inflict catastrophic economic and industrial damage if compromised. Much of the equipment and control systems, some of which are nearly a century old, were never intended to be connected to public networks, yet due to the increasing need for operational automation and centralized control to respond to both changing demand and new power generation coming online, many old, insecure networks that operate the grid have glaring vulnerabilities.

Probes of the grid in 2016 (https://www.wsj.com/articles/americas-electric-grid-has-a-vulnerable-back-doorand-russia-walked-through-it-11547137112) were so blatant and successful, representing a major catastrophic opportunity, that in 2018, the U.S. Government took the unusual step of directly and publicly blaming the Russian Government for them.

Since then, the U.S. Department of Energy (the administration that oversees the power grid) has doubled down on efforts to not only secure the grid, but to modernize it in order to handle the needs of today’s energy users, as well as producers; which is where Meadow and TFA-Labs IoT-SaS, hardware enabled, blockchain-based security come into play.

Meadow + TFA Labs, Signed at Source

TFA Labs won a grant from the U.S. Department of Energy in June, and chose Meadow to be their primary IoT platform, specifically because of its .Net development story. Stuart Johnson, CTO, TFA Labs remarked; “I bought into the ‘Write Once, Run Anywhere concept’ in 2004 with Java. But the microcontrollers we worked with, never lived up to that promise, and it’s taken another 15 years to finally get the device we had hoped for. Now you can take a Meadow board, and run full C#, .Net code, which not only has an abundance of open source libraries and business use, but you can actually share that code with your web, desktop, and mobile apps.”

Beyond the ability to run Microsoft’s open source .NET platform apps on a microcontroller, Meadow has several other key advantages; it’s cloud managed and can be updated over the air, and because it’s built on a microcontroller, it can integrate with, and drive industrial control systems, sensors, motors, and more.

“Meadow is a revolutionary step forward in humankind’s technological progress; it’s the first and only enterprise-grade IoT platform that actually makes IoT not only easy to build, but those solutions can be maintained, monitored, and managed in the field, without the need for physical access; a critical requirement of industrial solutions such as smart grid nodes,” said Wilderness Labs’ CEO, Bryan Costanich.

TFA Labs, IoT-SaS hardware was designed specifically for Meadow, and has a number of key features that augment Meadow applications with extra layers of security. First, it features onboard hardware-encrypted storage, which enables data to be cryptographically signed on the device, ensuring that the data is authentic and trusted. Next, IoT-SaS is built on blockchain technology, which means that the data itself can either be hashed or signed, and then added to the blockchain ledger, which provides the ability to validate not only the integrity of the data, making it immutable (and immune to man-in-the-middle attacks), but also provides a mathematical notification of the absence of data, providing the ability for reliable messaging. Finally, because of the nature of the blockchain ledger, it provides a completely auditible, trusted history, ensuring not only that known and trusted parties have created the data, but that history is preserved and verifiable.

Together, Meadow and IoT-SaS provide an all in one, enterprise IoT solution with defense-grade security.

Factom Blockchain Protocol Support

TFA Labs’ IoT-SaS hardware supports multiple blockchain technologies, but has built-in support for the Factom blockchain protocol out of the box. Unlike other blockchain protocols, Factom was designed specifically for enterprise and government use cases, and has a number of features that make it especially useful in these scenarios. For instance, it’s decoupled from cryptocurrency, meaning that users don’t need to own any Factom currency to use it. It also has a fixed data cost of $0.001/kb, which provides a predictable and transparent budgeting process for its use. Additionally, it can be used in both public and private-permissioned blockchains, enabling it to be taken advantage of within the context of private networks. Finally, Factom allows each device to manage it’s own ledger, enabling thin blockchain clients (also known as light nodes), which are designed specifically for IoT use cases.

Because of these advantages, Factom is currently used by organizations such as the Department of Homeland Security, and the Bill and Melinda Gates Foundation.

Advantages Beyond the Grid

While the Meadow and IoT-SaS solutions is perfect for modernization and securitization of the public grid, it also provides advantages beyond that. Together, they can be used in any IoT use case where defense-grade security is needed, and both Wilderness Labs and TFA Labs look forward to bringing customized IoT applications to industrial systems the world over.

About Wilderness Labs

Founded in 2016, Wilderness Labs is the creator of Meadow. For more information, you can find them at http://www.wildernesslabs.co.

PHYTOMER introduces OLIGOFORCE ADVANCED Wrinkle and Dark Spot Correction Moisturizing Serum with OLIGOMER®


https://www.prweb.com/

OLIGOFORCE ADVANCED Wrinkle and Dark Spot Correction Moisturizing Serum with OLIGOMER®

OLIGOFORCE ADVANCED combats skin disorders of the 21st century including wrinkles caused by accelerated free radical formation, inflammation, pre-mature aging and hyperpigmentation.

This next-generation daily treatment combines the comfort of an oil and the effectiveness of a serum. Its micro-emulsion texture concentrates powerful marine actives that, thanks to the formulation expertise taken from the pharmaceutical world, can be absorbed quickly and deeply into the skin.

Within this OLIGOFORCE formula lies a historic active ingredient emblematic of Phytomer: OLIGOMER®. This seawater concentrate helps to jumpstart skin functions because it contains all naturally occurring trace elements and minerals to improve the skin’s respiration. OLIGOFORCE ADVANCED combats skin disorders of the 21st century including wrinkles caused by accelerated free radical formation, inflammation, pre-mature aging and hyperpigmentation.

Eternal Marine is an extract from an ancient blue microalgae that has survived because of its ability to adapt and thrive in extreme living conditions. This algae has an advanced defense system, namely the ability to produce a powerful anti-oxidant molecule that is also found in the skin, Thioredoxin. When Eternal Marine is applied to the skin it significantly activates the skin’s natural production of Thioredoxin which provides comprehensive protective and reparative properties for many cells and functions in the skin. In addition to its anti-oxidant effects, Eternal Marine smooths wrinkles by preserving the integrity and accelerating the production of collagen and elastin, by improving the supply of vitamin C to the skin and increasing the number of collagen producing cells in the skin. Eternal Marine also offers complete protection from inflammation which reduces hyperpigmentation in the skin for an even, illuminated complexion.

Directions for use: Massage a few drops into the skin alone or before moisturizers and masks, carefully avoiding the eye contour area.

Key ingredients:


  • Oligomer – this signature seawater concentrate contains all the active compounds of seawater to replenish cells with trace elements and minerals to recharge them with energy and jumpstart healthy cell function.
  • Eternal Marine – Blue micro-algae extract that contains the powerful anti-oxidant Thioredoxin, which is also naturally produced by the skin. The application of Eternal Marine activates the skin’s production of Thioredoxin which initiates repair and regeneration in the dermis for a wrinkle smoothing effect. Its anti-oxidant activity neutralizes inflammation which, in turn, reduces inflammation for an even, illuminated complexion.

Clinical Results:

RADIANT, HEALTHIER SKIN: for over 8 out of 10 women.

CONTINUOUS HYDRATION:(1)

In 1 hour: +72%*

In 3 hours: +54%*

In 6 hours: +37%*

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State of Washington Wins NASCIO Award for Track-Kit Sexual Assault Kit Tracking System


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The State of Washington received a NASCIO award for implementing STACS DNA’s Track-Kit to track the location and status of every sexual assault kit across the state.

For its implementation of the Track-Kit Sexual Assault Kit System from STACS DNA, the State of Washington received a 2019 State IT Recognition Award from the National Association of State Chief Information Officers (NASCIO). Washington State Patrol (WSP), STACS DNA’s client, won the State CIO Office Special Recognition Award from over 130 submissions.

As described in WSP’s submission, “Prior to this legislation, survivors had no way of knowing the location or status of their kit. The Tracking System provides start-to-finish SAK inventory tracking to deliver accountability, transparency and information sharing among all stakeholders, and most importantly provide the survivor with peace of mind. Through the extended use of this system, it will create more efficiency and accountability in SAK evidence workflows, thereby preventing the accumulation of un-submitted kits.”

STACS DNA played a significant role in developing and delivering statewide training, as described in the proposal. Live web-based training proves cost-effective, timely, and reduces the number of trainers needed. The company also provides online training resources, assistance and curriculum to end users, which are continuously updated using lessons learned during deployment. FAQs, self-paced videos and full user documentation are accessible within Track-Kit. The proposal also outlines the legislation, stakeholders, implementation process and impact of the system.

WSP has become a national pioneer in regards to its SAK Tracking System Program as many states have used Washington’s model for their own SAK tracking programs. Globally, the program has received worldwide recognition following presentations at several international meetings.

According to NASCIO Awards Committee co-chairs, Denis Goulet, Commissioner for the State of New Hampshire, and Nelson Moe, Chief Information Officer for the Commonwealth of Virginia, “The recipients and submissions for this year’s awards are prime examples of how state IT can transform and improve the lives of the citizens we serve. We are proud to recognize them with this high honor.”

ABOUT STACS DNA

STACS DNA offers sample tracking software for forensics and healthcare. Track-Kit™ tracks every kit statewide to prevent delays, improve compliance and keep thousands of stakeholders informed. STACS® software is the most comprehensive DNA sample tracking and lab management software, maximizing processing throughput and minimizing risk. Our customers are federal, state, regional and local agencies, including many of the largest forensics DNA labs in North America.

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Senior Market Sales Provides Agents With Solutions to Medicare Plan Finder Problems at Start of Busy Open Enrollment Season


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SMS logo

Senior market agents faced unprecedented challenges at the start of this AEP because of the unexpected Plan Finder changes. But our agents were still able to hit the ground running.

When an intended upgrade to Medicare’s Plan Finder website left insurance agents across the country scrambling at the start of their busiest season, Senior Market Sales® (SMS) quickly provided a solution with two important enhancements to its Lead Advantage Pro® platform.

“The controversy over Medicare.gov’s quoting tools demonstrates the critical role that technology plays for agents, especially with a commoditized product like Medicare insurance where volume matters,” said Dwane McFerrin, Vice President of Medicare Solutions at SMS. “Agents who figure out how to leverage tools to create efficiencies, strengthen their process, and make better recommendations will win.”

Agents are flocking to SMS’ technology solutions in numbers the company has never seen before, McFerrin said. And the industry is taking note. SMS made industry news for its ability to provide a quick solution to the controversial changes.

While consumers and agents welcomed the long-overdue redesign of Medicare.gov’s Plan Finder, both protested some of the changes when the Centers for Medicare and Medicaid Services (CMS) announced details just weeks before the start of Medicare’s Annual Election Period (AEP), which is Oct. 15 through Dec. 7. Agents who for years had relied on the Plan Finder were suddenly left with no way to access drug lists for their clients.

With just days to find a solution for agents, SMS was the first insurance marketing organization to integrate data from Medicare’s Blue Button 2.0 into its own technology. Blue Button 2.0 is a new feature that allows consumers to select who may access their Medicare information to help them find a plan. SMS innovated to integrate that data — including clients’ prescription drugs, provider(s) and pharmacy information — into Lead Advantage Pro. The integration allows agents to save time while running the most accurate quotes possible, largely by eliminating the need to re-enter prescription drugs for each client. While CMS did restore accessibility to drug lists for this open enrollment only, SMS’ quick action provided an immediate fix as well as a permanent solution for agents.

Also this AEP, SMS expanded Lead Advantage Pro’s quoting capabilities from only SMS carriers to all Part D Prescription Drug plan carriers, providing agents a superior quoting alternative. While thousands of agents have relied on the SMS tool for years, this enhancement elevates its real-world usefulness even more. Lead Advantage Pro now allows agents to manage leads, run multi-carrier quotes and facilitate quick online enrollments all in one platform.

“During AEP, every minute counts,” McFerrin said. “Senior market agents faced unprecedented challenges at the start of this AEP because of the unexpected Plan Finder changes. But our agents were still able to hit the ground running.”

SMS’ ability to anticipate and adapt quickly to changing forces in the insurance industry has made it a leader in the senior market, providing technology that supports agents in the field. In addition to being first to roll out Blue Button 2.0 integration, SMS was first to introduce technology that:

  •     Eliminated agents’ manual entry of drugs in drug lookup tools
  •     Allowed agents to enroll clients in Medicare by iPad
  •     Queried multiple carrier provider directories
  •     Provided a fillable PDF on carrier applications
  •     Enabled an electronic Scope of Appointment process

“Our mission at SMS is to help insurance and financial planning professionals leverage time, make more money and put their business in a position of distinction,” McFerrin said. “Today and in the coming years, that means our technology must deliver real-world solutions that make a difference in the lives of our agents and in the lives of their clients.”

About Senior Market Sales, Inc.

Senior Market Sales® (SMS) supports independent insurance and retirement planning professionals so they can focus on growing their businesses and building meaningful client relationships. Based in Omaha, Nebraska, SMS provides everything from proprietary technology and expansive products to expert training and marketing programs. By providing big-picture perspective and strategies and all-in-one place efficiencies, SMS has helped thousands of health and wealth planning professionals for nearly four decades reach new levels of success. Visit http://www.SeniorMarketSales.com for more information.

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Ginnie Mae Selects eOriginal in support of 2020 Technology Modernization Initiative


eOriginal, a digital lending technology pioneer, today announced that Ginnie Mae will deploy eOriginal’s eVault technology as part of its digital transformation and modernization initiative.

“Ginnie Mae and eOriginal share a common goal of minimizing risk and providing liquidity and stability for the mortgage industry” said Brian Madocks, CEO, eOriginal. “We view Ginnie Mae’s support of eNotes as integral and a key accelerator of digital adoption in the mortgage industry, and eOriginal is committed to providing the most trusted and compliant solution for Ginnie Mae and their partners.”

“This announcement underscores Ginnie Mae’s commitment to modernizing its MBS program and platform, as outlined in our Ginnie Mae 2020 white paper, “The Road to Modernizing and Enhancing our Programs,” said Angel Hernandez, Ginnie Mae Director, MBS Policy and Program Development. “Creating a digital mortgage ecosystem, from loan application through securitization, increases access to credit for many Americans. It will also enhance the integrity of Ginnie Mae collateral by reducing the risk from defects in loan instruments.

“We have been at the forefront of innovation for the digital mortgage industry, said Madocks, and enabling Ginnie Mae and their issuers through the implementation of digital mortgage is no exception.”

This further complements the digitization of the mortgage ecosystem currently powered by eOriginal: Quicken Loans, Wells Fargo Home Lending, and Fannie Mae to name a few. In addition, over one-half of all eClosing providers approved by both Fannie Mae and Freddie Mac are enabled as solution extensions of eOriginal, and 95% of year to date eNote registrations through the MERS eRegistry were driven by eOriginal customers.

“We’re honored to be selected by Ginnie Mae” said Madocks, “and we recognize that with this opportunity comes an important responsibility to enable the smart digital growth of the mortgage industry through robust technology and the rigor of digital asset certainty standards that will protect the health of our financial markets.”

About eOriginal

eOriginal guarantees trusted transactions of digital financial assets for all parties from the borrower to the secondary market. We do this by creating a ‘digital original’ document with all the legal and enforcement rights of a paper contract combined with the capital and operational efficiency of digitization. Our proven network provides certainty in how these digital assets are created and maintained, delivering the confidence, visibility and compliance lenders and buyers need. As a pioneer in the space, major financial institutions, leading law firms and credit ratings agencies have validated and rely on eOriginal as a trusted partner for digital lending transformation and management. For more information, visit http://www.eoriginal.com.

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