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Category: Economy

  • MIL-OSI: US Emergency Loans for Bad Credit With Guaranteed Approval & $1,000 Quick Loan Bad Credit History Announced as Key Feature in Money Mutual in 2025

    Source: GlobeNewswire (MIL-OSI)

    Las Vegas, NV, June 30, 2025 (GLOBE NEWSWIRE) —

    MoneyMutual offers a fast and reliable solution for U.S. borrowers with poor credit to access personal loans quickly and securely. At a time when traditional banks often reject applicants due to low credit scores, MoneyMutual provides a free, hassle-free alternative—designed especially for those who may have been denied in the past.

    With support from a network of matching lenders and a smart loan-matching system, MoneyMutual connects users to flexible loan options in real time. Whether you’re facing an emergency or covering personal expenses, you can apply in just 3 minutes to access up to $5,000 in funding—with no hard credit check required.

    << Apply for Bad Credit Loans Through MoneyMutual >>

    Why Choose MoneyMutual?

    MoneyMutual makes borrowing simple by connecting you with a trusted network of licensed lenders across the U.S. Unlike traditional banks that often reject applicants due to credit scores, MoneyMutual streamlines the loan process so you can access funds quickly—without the usual delays or hassles.

    Key Benefits:

    • Borrow amounts ranging from $100 to $5,000
    • No hard credit checks—only soft inquiries that won’t affect your score
    • Approval based on income, not your credit history
    • 100% online application—no paperwork or phone calls
    • Great for freelancers, gig workers, and those receiving benefits
    • Same-day deposits available for most approved loans

    How to Apply for Bad Credit Loans in 2025

    Step 1: Fill Out a Simple Form
    Visit MoneyMutual’s website and provide basic details such as your name, location, monthly income, and the loan amount you wish to borrow.

    Step 2: Compare Loan Offers
    The system quickly matches you with multiple lenders and presents pre-approved offers—no credit score required.

    Step 3: Select an Offer & Receive Funds
    Choose the offer that suits your needs, sign electronically, and receive your funds—often within hours.

    Who Can Apply for Bad Credit Loans?

    You’re eligible to apply if you meet the following basic requirements:

    • Are 18 years or older and a U.S. resident
    • Have a monthly income of at least $800 (from employment, side gigs, or benefits)
    • Maintain an active checking account
    • Can verify your email address and phone number

    << Start Your 3-Minute Application With MoneyMutual >>

    Types of Loans Available Through MoneyMutual

    • No Credit Check Loans – Skip the credit check and receive offers based on your current income.
    • Installment Loans – Flexible repayment plans ranging from 2 to 24 months, tailored to your needs.
    • Urgent Loans for Bad Credit – Ideal for unexpected expenses like medical bills, rent, or car repairs.
    • $500 Cash Advance – Quick access to funds with no impact on your credit score.
    • Same-Day Personal Loans for Bad Credit – Funds often available within hours of approval.
    • Online Payday Loans – Short-term loans for emergency situations, processed quickly.
    • Emergency Loans for the Unemployed – Designed for individuals receiving benefits or with alternative income sources.
    • Bad Credit Installment Loans – Spread payments over time with manageable monthly installments.
    • Fast Approval Personal Loans – 100% online process—no paperwork or phone calls required.
    • Guaranteed Approval Bad Credit Loans – High approval rates, even for those with poor credit histories.

    << Get Pre-Approved in Minutes With MoneyMutual >>

    What Borrowers Are Saying

    “Many people come to us after being denied by traditional banks due to credit challenges. We’re proud to offer a solution that gets them approved the same day—without judgment or red tape.”
     — MoneyMutual Spokesperson

    “We often help gig workers and independent earners—like rideshare drivers—who struggle to qualify for bank loans. Our lenders focus on income, not credit scores, which makes a real difference.”
     — MoneyMutual Representative

    Why MoneyMutual Is a Smart Choice in 2025

    Today, millions of Americans face barriers to fair lending because of low credit scores, past debt, or non-traditional jobs. Banks often turn these individuals away. At MoneyMutual, we believe access to emergency funding should be simple, fast, and inclusive.

    With MoneyMutual, you can apply for bad credit loans without a hard credit check. Whether you need a $500 payday loan with guaranteed approval or a $1,000 quick loan with no credit check, our platform connects you with lenders who base approvals on your income—not your past.

    We also offer no credit check payday loans, ensuring your credit report won’t be impacted. Our network specializes in providing flexible funding options, with loan amounts from $100 to $5,000, and in many cases, same-day deposits.

    Contact Information

    Company Name: MoneyMutual

    Email: customerservice@moneymutual.com

    Phone: 844-276-2063

    Mailing Address: 2510 E. Sunset Rd. Ste 6, #85 Las Vegas NV, 89120

    Disclaimer & Affiliate Disclosure

    This content is intended for informational and commercial purposes only. It should not be interpreted as financial, legal, or professional advice, nor does it represent an endorsement of any specific lender or loan product.

    While we make every effort to ensure the accuracy and timeliness of the information provided, we do not guarantee its completeness or reliability. Readers are strongly encouraged to conduct independent research and consult licensed financial advisors, legal professionals, or other qualified experts before making financial decisions.

    Important Disclosures:

    • Loan products mentioned may not be appropriate for all individuals.
    • Terms, conditions, and eligibility criteria vary by lender, applicant profile, and state regulations.
    • Loan approval is not guaranteed and depends on factors such as income, creditworthiness, residency, and identity verification.
    • This article may contain affiliate links. If you press on one and proceed with an application or purchase, we may earn a commission—at no additional cost to you. This compensation does not affect the objectivity or integrity of our content.

    By using this content, you acknowledge and accept that the publisher, authors, affiliates, and third-party partners are not liable for any inaccuracies, omissions, or outcomes—including but not limited to loan rejections, contractual disputes, or financial impacts related to your use of the information provided.

    Mentions of companies such as “MoneyMutual” are for informational and comparative purposes only and do not imply endorsement, affiliation, or partnership. For inquiries about specific loan products, please contact the lender directly via official channels.

    All trademarks, brand names, and service marks are the property of their respective owners.

    Attachment

    The MIL Network –

  • MIL-OSI: Payday Loans in Florida with No Credit Check & Instant Approval for Bad Credit – New Launch by Now Personal Loan

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, June 30, 2025 (GLOBE NEWSWIRE) —

    Now Personal Loan, a pioneer in the fast and flexible payday lending industry, is delighted to announce its official entry into Florida. With its expansion, Florida residents can now enjoy payday loans Florida with instant approval, guaranteed approval, and a streamlined, secure online loan process. Now Personal Loan is introducing its groundbreaking fintech platform to the Sunshine State with a vision to empower borrowers in meeting unanticipated expenses.

    Whether it is rent, utility charges, or unexpected repairs, Floridians can count on Now Personal Loan for instant and easy assistance, including payday loans Florida no credit check and direct access to a payday loan Florida direct lender. The move is in keeping with the company’s goal of providing transparent, ethical, and fast loan products at all income levels.

    Through the launch, Now Personal Loan will also initiate community outreach and financial education activities with a view of assisting Florida consumers in terms of borrowing alternatives and debt traps. The company mission further entails increasing financial inclusion in Florida’s underserved markets.

    <<< Get $500 Fast – No Credit Check Required, Apply In 1 Minute >>>

    Now Personal Loan Offers Fast Access to Payday Loans in Florida

    With Now Personal Loan now open for business in Florida, residents can look forward to a higher level of payday lending services. The key advantages are:

    • Instant approval for payday loans with little paperwork
    • Florida no credit check payday loan options for individuals with less-than-perfect credit histories
    • Immediate access to cash with our 100% internet-based procedure
    • Same day financing for approved borrowers
    • Payday loan Florida direct lender service – no agents, no delays
    • Clear terms and no hidden charges
    • 24/7 access on mobile and desktop
    • Secure encryption of personal and banking information
    • Personalized loan amounts to meet various needs

    While other payday lenders prioritize complexity, speed, and borrower exploitation, Now Personal Loan focuses on simplicity, quick disbursement, and borrower safeguarding. It’s payday lending for the digital-first generation. Floridians can now apply anywhere—no more waiting in long lines or suffering through tedious paperwork.

    About Now Personal Loan

    Now Personal Loan is an online lending platform committed to making short-term borrowing easier. Having established a strong market presence in multiple states, the company now provides payday loans in Florida that are convenient and flexible. The platform’s fair lending commitment involves:

    • Immediate loan application decisions
    • Clear terms with no hidden charges
    • Flexible loan amounts and repayment periods
    • Responsible borrowing tips and tools
    • Committed customer service and educational assistance
    • Multilingual support and ADA-compliant interfaces

    As a reputable payday loan Florida direct lender, Now Personal Loan empowers consumers based on income and stability instead of credit scores. The company harnesses data-driven technology to build greater access for underserved segments, such as gig workers, retirees, and part-time workers.

    <<< Bad Credit? No Problem – Apply Without Fear >>>

    How Now Personal Loan Provides Payday Loans in Florida with No Credit Check

    Traditional lenders tend to exclude low-credit applicants. Personal Loan is not like that anymore. Here’s why it includes more Floridians:

    • Does soft credit checks only, which won’t affect your score
    • Based on job and income for approval
    • No standard credit history is needed
    • Alternative forms of verifying income are accepted
    • Accelerated approval for freelance workers and gig economy employees
    • Recent pay stubs, bank statements, and tax returns can be considered
    • Non-citizen residents who have lawful U.S. work are included in the process

    Borrowers who have had money problems in the past are now able to get cash when they most need it, without worrying about being judged by outdated credit metrics. This enables more Floridians to manage emergencies, increase cash flow, or cover financial gaps responsibly.

    Borrowers Eligible for a Payday Loan from Now Personal Loan in Florida

    Today Personal Loan is dedicated to providing easy and affordable financial products to a wide variety of consumers. Unlike other lenders that have high credit score requirements, Today Personal Loan considers the larger picture—making it simpler for more Floridians to be approved. Here’s who qualifies:

    • Age Requirement: You must be 18 or older.
    • Residency: You need to be a legitimate Florida resident with a current U.S. address.
    • Income: Steady income is necessary from work, self-employment, Social Security, disability payments, pensions, or other documented sources.
    • Bank Account: A valid checking account in good standing to deposit funds and make payments.
    • Identification: A government-issued photo ID (like a driver’s license or state ID) is necessary for identification verification.
    • Employment or Alternative Income Verification: Gig workers, freelancers, and part-time workers are accepted. Recent pay stubs, tax statements, or bank statements can be utilized to verify income.
    • Contact Details: A functional email address and mobile phone number are needed for account updates and notifications.
    • Not Currently in Bankruptcy: Borrowers who are presently facing bankruptcy proceedings may not qualify.

    Now Personal Loan also provides extra flexibility for:

    • First-time borrowers who need to borrow small loan amounts
    • Repeat borrowers with good repayment history
    • Active military personnel or veterans with regular government pay
    • Retirees with pension or Social Security payments
    • Aliens with lawful work authorization and regular income

    This open-door policy allows even those with poor credit scores, unusual work arrangements, or previous financial difficulties to qualify. It’s credit made to fit today’s realities—rather than old credit principles.

     <<< Skip the Credit Score – Go with Income-Based Loans >>>

    Now Personal Loan Operates as a Direct Lender for Payday Loans in Florida

    Now Personal Loan is not an intermediary broker. It is a genuine direct lender, i.e.:

    • You transact directly with the lender throughout the loan lifecycle
    • Decisions are made internally for quick processing
    • Funds are credited directly from the source
    • Your personal information is kept confidential and secure
    • No additional charges from intermediaries
    • Complete accountability and customer service under one roof
    • Clear communication payment schedule given upfront

    By eliminating middlemen, Now Personal Loan increases trust and hastens approvals, lowers costs and hassles. Florida borrowers can trust they are dealing with a compliant, state-licensed lender that cares about their needs.

    Now Personal Loan Promises Instant Approval for Florida Applicants

    Need money in a pinch? Now Personal Loan provides instant approval options for Florida residents:

    • Application is less than five minutes
    • Pre-approval in seconds after applying
    • Money usually released the same day
    • Available on any device, 24/7
    • Transparent status updates and reminders
    • No faxing or hard paperwork involved
    • Perfect for urgent situations such as medical expenses, auto repairs, or pending rent

    Now Personal Loan is now your trusted financial ally in times of crisis, providing speed and transparency when you need it the most.

    <<< Fast. Safe. Approved. Try Now Personal Loan Today >>>

    Now Personal Loan Launches Guaranteed Approval Option for Eligible Borrowers

    To enable more individuals to qualify for funding, Now Personal Loan now offers guaranteed approval options for qualified Florida applicants. This entails:

    • Repeated borrowers with good payment history
    • Borrowers with stable employment and income
    • Individuals who qualify through auto-qualification
    • Active duty military personnel and retirees with pension income
    • Social Security or government benefit recipients
    • Address verified in Florida
    • Good standing bank account

    The aim is to offer regular access to credit without any kind of delay. With inclusiveness as the priority, Now Personal Loan keeps deserving borrowers from being left behind and can depend on assistance when required.

    Now Personal Loan Highlights Responsible Lending and Transparency in Florida

    Now Personal Loan promotes safe borrowing habits and transparency throughout Florida. Their framework comprises:

    • Transparent interest rates and fee structures
    • No bait-and-switch pricing or concealed provisions
    • Borrowing constraints that correlate with your earnings
    • Committed Florida-based support staff
    • Resources and articles to enhance financial literacy
    • On-time repayment incentivization through loyalty benefits
    • Freedom to repay and extension policies when necessary

    The organization strives to make every borrower make smart, confident financial decisions, and build a robust financial foundation. Borrowers are incentivized to borrow only what they can afford to repay.

    Now Personal Loan’s Easy Online Application Process for Florida Borrowers

    Now Personal Loan’s process is speedy and hassle-free:

    • Go to the website and initiate the application
    • Fill in simple details – name, income, employment
    • Upload a digital version of ID and income proof
    • Get an instant go-ahead or no-go decision
    • Get money credited to your account, usually within hours
    • Repay easily through the online dashboard

    No long lines, no complicated paperwork – just a convenient, contemporary lending process tailored for busy Floridians. Prospective applicants can even save their application and come back later, providing utmost convenience.

     <<< Need Cash Fast in Florida? Apply in Under 2 Minutes >>>

    Now Personal Loan to Lead Florida Payday Loan Industry with Smarter Approval Tech

    Now Personal Loan introduces fintech innovation to Florida’s payday lending industry. Here’s how:

    • Advanced AI and automation facilitate quicker decisions
    • Algorithms evaluate risk more accurately than conventional processes
    • Increased access for non-traditional borrowers
    • Live data analytics lower default rates
    • Efficient process from application to funding in less than an hour
    • Ongoing platform enhancements for better user experience
    • Secure cloud platform for secure transactions

    Now Personal Loan is revolutionizing payday lending with this technology—capturing speed, fairness, and flexibility. It’s the lending future brought to Florida’s doorstep.

    Final Words: Why Florida Residents Choose Now Personal Loan Over Traditional Payday Lenders

    Floridians are relying more and more on Now Personal Loan for a wiser, more understanding borrowing experience. Differing from the conventional payday lenders, the platform provides an efficient digital process, assured approval for qualified borrowers, and no credit check payday loans—all intended to provide people with the assistance they deserve without criticism or delay. Whether you’re a full-time worker, gig worker, or retiree, the platform accommodates your case with fairness, speed, and transparency.

    What really sets Now Personal Loan apart is its commitment to putting the borrower first. From instant funding and direct lender access to intuitive dashboards and best-in-class customer service, every element of the experience is designed to take stress out and put finances in order. The application of cutting-edge technology by the platform ensures quicker approvals while following strict security measures that protect user information. Coupled with its learning resources and welcoming underwriting, Now Personal Loan doesn’t simply provide loans—it provides a bridge to temporary financial assurance.

    In a market dominated by payday lenders, Now Personal Loan stands out from the pack by blending responsible lending, quick access, and customer-first mentality. It’s not only a loan company—it’s a respectful financial ally for Floridians dealing with life’s unexpected expenses. Whether you’re dealing with an emergency or just need a short-term infusion, Now Personal Loan is the name Florida can rely on.

    Media Details:
    Company: Now Personal Loan
    Full Company Address: Customer Acquisition LLC, Springates Building, Lower Government Road, Charlestown, Saint Kitts and Nevis
    Company Website: https://www.nowpersonalloan.com
    Official Email ID: support@NowPersonalLoan.com

    Attachment

    The MIL Network –

  • MIL-OSI: Payday Loans in Florida with No Credit Check & Instant Approval for Bad Credit – New Launch by Now Personal Loan

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, June 30, 2025 (GLOBE NEWSWIRE) —

    Now Personal Loan, a pioneer in the fast and flexible payday lending industry, is delighted to announce its official entry into Florida. With its expansion, Florida residents can now enjoy payday loans Florida with instant approval, guaranteed approval, and a streamlined, secure online loan process. Now Personal Loan is introducing its groundbreaking fintech platform to the Sunshine State with a vision to empower borrowers in meeting unanticipated expenses.

    Whether it is rent, utility charges, or unexpected repairs, Floridians can count on Now Personal Loan for instant and easy assistance, including payday loans Florida no credit check and direct access to a payday loan Florida direct lender. The move is in keeping with the company’s goal of providing transparent, ethical, and fast loan products at all income levels.

    Through the launch, Now Personal Loan will also initiate community outreach and financial education activities with a view of assisting Florida consumers in terms of borrowing alternatives and debt traps. The company mission further entails increasing financial inclusion in Florida’s underserved markets.

    <<< Get $500 Fast – No Credit Check Required, Apply In 1 Minute >>>

    Now Personal Loan Offers Fast Access to Payday Loans in Florida

    With Now Personal Loan now open for business in Florida, residents can look forward to a higher level of payday lending services. The key advantages are:

    • Instant approval for payday loans with little paperwork
    • Florida no credit check payday loan options for individuals with less-than-perfect credit histories
    • Immediate access to cash with our 100% internet-based procedure
    • Same day financing for approved borrowers
    • Payday loan Florida direct lender service – no agents, no delays
    • Clear terms and no hidden charges
    • 24/7 access on mobile and desktop
    • Secure encryption of personal and banking information
    • Personalized loan amounts to meet various needs

    While other payday lenders prioritize complexity, speed, and borrower exploitation, Now Personal Loan focuses on simplicity, quick disbursement, and borrower safeguarding. It’s payday lending for the digital-first generation. Floridians can now apply anywhere—no more waiting in long lines or suffering through tedious paperwork.

    About Now Personal Loan

    Now Personal Loan is an online lending platform committed to making short-term borrowing easier. Having established a strong market presence in multiple states, the company now provides payday loans in Florida that are convenient and flexible. The platform’s fair lending commitment involves:

    • Immediate loan application decisions
    • Clear terms with no hidden charges
    • Flexible loan amounts and repayment periods
    • Responsible borrowing tips and tools
    • Committed customer service and educational assistance
    • Multilingual support and ADA-compliant interfaces

    As a reputable payday loan Florida direct lender, Now Personal Loan empowers consumers based on income and stability instead of credit scores. The company harnesses data-driven technology to build greater access for underserved segments, such as gig workers, retirees, and part-time workers.

    <<< Bad Credit? No Problem – Apply Without Fear >>>

    How Now Personal Loan Provides Payday Loans in Florida with No Credit Check

    Traditional lenders tend to exclude low-credit applicants. Personal Loan is not like that anymore. Here’s why it includes more Floridians:

    • Does soft credit checks only, which won’t affect your score
    • Based on job and income for approval
    • No standard credit history is needed
    • Alternative forms of verifying income are accepted
    • Accelerated approval for freelance workers and gig economy employees
    • Recent pay stubs, bank statements, and tax returns can be considered
    • Non-citizen residents who have lawful U.S. work are included in the process

    Borrowers who have had money problems in the past are now able to get cash when they most need it, without worrying about being judged by outdated credit metrics. This enables more Floridians to manage emergencies, increase cash flow, or cover financial gaps responsibly.

    Borrowers Eligible for a Payday Loan from Now Personal Loan in Florida

    Today Personal Loan is dedicated to providing easy and affordable financial products to a wide variety of consumers. Unlike other lenders that have high credit score requirements, Today Personal Loan considers the larger picture—making it simpler for more Floridians to be approved. Here’s who qualifies:

    • Age Requirement: You must be 18 or older.
    • Residency: You need to be a legitimate Florida resident with a current U.S. address.
    • Income: Steady income is necessary from work, self-employment, Social Security, disability payments, pensions, or other documented sources.
    • Bank Account: A valid checking account in good standing to deposit funds and make payments.
    • Identification: A government-issued photo ID (like a driver’s license or state ID) is necessary for identification verification.
    • Employment or Alternative Income Verification: Gig workers, freelancers, and part-time workers are accepted. Recent pay stubs, tax statements, or bank statements can be utilized to verify income.
    • Contact Details: A functional email address and mobile phone number are needed for account updates and notifications.
    • Not Currently in Bankruptcy: Borrowers who are presently facing bankruptcy proceedings may not qualify.

    Now Personal Loan also provides extra flexibility for:

    • First-time borrowers who need to borrow small loan amounts
    • Repeat borrowers with good repayment history
    • Active military personnel or veterans with regular government pay
    • Retirees with pension or Social Security payments
    • Aliens with lawful work authorization and regular income

    This open-door policy allows even those with poor credit scores, unusual work arrangements, or previous financial difficulties to qualify. It’s credit made to fit today’s realities—rather than old credit principles.

     <<< Skip the Credit Score – Go with Income-Based Loans >>>

    Now Personal Loan Operates as a Direct Lender for Payday Loans in Florida

    Now Personal Loan is not an intermediary broker. It is a genuine direct lender, i.e.:

    • You transact directly with the lender throughout the loan lifecycle
    • Decisions are made internally for quick processing
    • Funds are credited directly from the source
    • Your personal information is kept confidential and secure
    • No additional charges from intermediaries
    • Complete accountability and customer service under one roof
    • Clear communication payment schedule given upfront

    By eliminating middlemen, Now Personal Loan increases trust and hastens approvals, lowers costs and hassles. Florida borrowers can trust they are dealing with a compliant, state-licensed lender that cares about their needs.

    Now Personal Loan Promises Instant Approval for Florida Applicants

    Need money in a pinch? Now Personal Loan provides instant approval options for Florida residents:

    • Application is less than five minutes
    • Pre-approval in seconds after applying
    • Money usually released the same day
    • Available on any device, 24/7
    • Transparent status updates and reminders
    • No faxing or hard paperwork involved
    • Perfect for urgent situations such as medical expenses, auto repairs, or pending rent

    Now Personal Loan is now your trusted financial ally in times of crisis, providing speed and transparency when you need it the most.

    <<< Fast. Safe. Approved. Try Now Personal Loan Today >>>

    Now Personal Loan Launches Guaranteed Approval Option for Eligible Borrowers

    To enable more individuals to qualify for funding, Now Personal Loan now offers guaranteed approval options for qualified Florida applicants. This entails:

    • Repeated borrowers with good payment history
    • Borrowers with stable employment and income
    • Individuals who qualify through auto-qualification
    • Active duty military personnel and retirees with pension income
    • Social Security or government benefit recipients
    • Address verified in Florida
    • Good standing bank account

    The aim is to offer regular access to credit without any kind of delay. With inclusiveness as the priority, Now Personal Loan keeps deserving borrowers from being left behind and can depend on assistance when required.

    Now Personal Loan Highlights Responsible Lending and Transparency in Florida

    Now Personal Loan promotes safe borrowing habits and transparency throughout Florida. Their framework comprises:

    • Transparent interest rates and fee structures
    • No bait-and-switch pricing or concealed provisions
    • Borrowing constraints that correlate with your earnings
    • Committed Florida-based support staff
    • Resources and articles to enhance financial literacy
    • On-time repayment incentivization through loyalty benefits
    • Freedom to repay and extension policies when necessary

    The organization strives to make every borrower make smart, confident financial decisions, and build a robust financial foundation. Borrowers are incentivized to borrow only what they can afford to repay.

    Now Personal Loan’s Easy Online Application Process for Florida Borrowers

    Now Personal Loan’s process is speedy and hassle-free:

    • Go to the website and initiate the application
    • Fill in simple details – name, income, employment
    • Upload a digital version of ID and income proof
    • Get an instant go-ahead or no-go decision
    • Get money credited to your account, usually within hours
    • Repay easily through the online dashboard

    No long lines, no complicated paperwork – just a convenient, contemporary lending process tailored for busy Floridians. Prospective applicants can even save their application and come back later, providing utmost convenience.

     <<< Need Cash Fast in Florida? Apply in Under 2 Minutes >>>

    Now Personal Loan to Lead Florida Payday Loan Industry with Smarter Approval Tech

    Now Personal Loan introduces fintech innovation to Florida’s payday lending industry. Here’s how:

    • Advanced AI and automation facilitate quicker decisions
    • Algorithms evaluate risk more accurately than conventional processes
    • Increased access for non-traditional borrowers
    • Live data analytics lower default rates
    • Efficient process from application to funding in less than an hour
    • Ongoing platform enhancements for better user experience
    • Secure cloud platform for secure transactions

    Now Personal Loan is revolutionizing payday lending with this technology—capturing speed, fairness, and flexibility. It’s the lending future brought to Florida’s doorstep.

    Final Words: Why Florida Residents Choose Now Personal Loan Over Traditional Payday Lenders

    Floridians are relying more and more on Now Personal Loan for a wiser, more understanding borrowing experience. Differing from the conventional payday lenders, the platform provides an efficient digital process, assured approval for qualified borrowers, and no credit check payday loans—all intended to provide people with the assistance they deserve without criticism or delay. Whether you’re a full-time worker, gig worker, or retiree, the platform accommodates your case with fairness, speed, and transparency.

    What really sets Now Personal Loan apart is its commitment to putting the borrower first. From instant funding and direct lender access to intuitive dashboards and best-in-class customer service, every element of the experience is designed to take stress out and put finances in order. The application of cutting-edge technology by the platform ensures quicker approvals while following strict security measures that protect user information. Coupled with its learning resources and welcoming underwriting, Now Personal Loan doesn’t simply provide loans—it provides a bridge to temporary financial assurance.

    In a market dominated by payday lenders, Now Personal Loan stands out from the pack by blending responsible lending, quick access, and customer-first mentality. It’s not only a loan company—it’s a respectful financial ally for Floridians dealing with life’s unexpected expenses. Whether you’re dealing with an emergency or just need a short-term infusion, Now Personal Loan is the name Florida can rely on.

    Media Details:
    Company: Now Personal Loan
    Full Company Address: Customer Acquisition LLC, Springates Building, Lower Government Road, Charlestown, Saint Kitts and Nevis
    Company Website: https://www.nowpersonalloan.com
    Official Email ID: support@NowPersonalLoan.com

    Attachment

    The MIL Network –

  • MIL-OSI: Payday Loans in Florida with No Credit Check & Instant Approval for Bad Credit – New Launch by Now Personal Loan

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, June 30, 2025 (GLOBE NEWSWIRE) —

    Now Personal Loan, a pioneer in the fast and flexible payday lending industry, is delighted to announce its official entry into Florida. With its expansion, Florida residents can now enjoy payday loans Florida with instant approval, guaranteed approval, and a streamlined, secure online loan process. Now Personal Loan is introducing its groundbreaking fintech platform to the Sunshine State with a vision to empower borrowers in meeting unanticipated expenses.

    Whether it is rent, utility charges, or unexpected repairs, Floridians can count on Now Personal Loan for instant and easy assistance, including payday loans Florida no credit check and direct access to a payday loan Florida direct lender. The move is in keeping with the company’s goal of providing transparent, ethical, and fast loan products at all income levels.

    Through the launch, Now Personal Loan will also initiate community outreach and financial education activities with a view of assisting Florida consumers in terms of borrowing alternatives and debt traps. The company mission further entails increasing financial inclusion in Florida’s underserved markets.

    <<< Get $500 Fast – No Credit Check Required, Apply In 1 Minute >>>

    Now Personal Loan Offers Fast Access to Payday Loans in Florida

    With Now Personal Loan now open for business in Florida, residents can look forward to a higher level of payday lending services. The key advantages are:

    • Instant approval for payday loans with little paperwork
    • Florida no credit check payday loan options for individuals with less-than-perfect credit histories
    • Immediate access to cash with our 100% internet-based procedure
    • Same day financing for approved borrowers
    • Payday loan Florida direct lender service – no agents, no delays
    • Clear terms and no hidden charges
    • 24/7 access on mobile and desktop
    • Secure encryption of personal and banking information
    • Personalized loan amounts to meet various needs

    While other payday lenders prioritize complexity, speed, and borrower exploitation, Now Personal Loan focuses on simplicity, quick disbursement, and borrower safeguarding. It’s payday lending for the digital-first generation. Floridians can now apply anywhere—no more waiting in long lines or suffering through tedious paperwork.

    About Now Personal Loan

    Now Personal Loan is an online lending platform committed to making short-term borrowing easier. Having established a strong market presence in multiple states, the company now provides payday loans in Florida that are convenient and flexible. The platform’s fair lending commitment involves:

    • Immediate loan application decisions
    • Clear terms with no hidden charges
    • Flexible loan amounts and repayment periods
    • Responsible borrowing tips and tools
    • Committed customer service and educational assistance
    • Multilingual support and ADA-compliant interfaces

    As a reputable payday loan Florida direct lender, Now Personal Loan empowers consumers based on income and stability instead of credit scores. The company harnesses data-driven technology to build greater access for underserved segments, such as gig workers, retirees, and part-time workers.

    <<< Bad Credit? No Problem – Apply Without Fear >>>

    How Now Personal Loan Provides Payday Loans in Florida with No Credit Check

    Traditional lenders tend to exclude low-credit applicants. Personal Loan is not like that anymore. Here’s why it includes more Floridians:

    • Does soft credit checks only, which won’t affect your score
    • Based on job and income for approval
    • No standard credit history is needed
    • Alternative forms of verifying income are accepted
    • Accelerated approval for freelance workers and gig economy employees
    • Recent pay stubs, bank statements, and tax returns can be considered
    • Non-citizen residents who have lawful U.S. work are included in the process

    Borrowers who have had money problems in the past are now able to get cash when they most need it, without worrying about being judged by outdated credit metrics. This enables more Floridians to manage emergencies, increase cash flow, or cover financial gaps responsibly.

    Borrowers Eligible for a Payday Loan from Now Personal Loan in Florida

    Today Personal Loan is dedicated to providing easy and affordable financial products to a wide variety of consumers. Unlike other lenders that have high credit score requirements, Today Personal Loan considers the larger picture—making it simpler for more Floridians to be approved. Here’s who qualifies:

    • Age Requirement: You must be 18 or older.
    • Residency: You need to be a legitimate Florida resident with a current U.S. address.
    • Income: Steady income is necessary from work, self-employment, Social Security, disability payments, pensions, or other documented sources.
    • Bank Account: A valid checking account in good standing to deposit funds and make payments.
    • Identification: A government-issued photo ID (like a driver’s license or state ID) is necessary for identification verification.
    • Employment or Alternative Income Verification: Gig workers, freelancers, and part-time workers are accepted. Recent pay stubs, tax statements, or bank statements can be utilized to verify income.
    • Contact Details: A functional email address and mobile phone number are needed for account updates and notifications.
    • Not Currently in Bankruptcy: Borrowers who are presently facing bankruptcy proceedings may not qualify.

    Now Personal Loan also provides extra flexibility for:

    • First-time borrowers who need to borrow small loan amounts
    • Repeat borrowers with good repayment history
    • Active military personnel or veterans with regular government pay
    • Retirees with pension or Social Security payments
    • Aliens with lawful work authorization and regular income

    This open-door policy allows even those with poor credit scores, unusual work arrangements, or previous financial difficulties to qualify. It’s credit made to fit today’s realities—rather than old credit principles.

     <<< Skip the Credit Score – Go with Income-Based Loans >>>

    Now Personal Loan Operates as a Direct Lender for Payday Loans in Florida

    Now Personal Loan is not an intermediary broker. It is a genuine direct lender, i.e.:

    • You transact directly with the lender throughout the loan lifecycle
    • Decisions are made internally for quick processing
    • Funds are credited directly from the source
    • Your personal information is kept confidential and secure
    • No additional charges from intermediaries
    • Complete accountability and customer service under one roof
    • Clear communication payment schedule given upfront

    By eliminating middlemen, Now Personal Loan increases trust and hastens approvals, lowers costs and hassles. Florida borrowers can trust they are dealing with a compliant, state-licensed lender that cares about their needs.

    Now Personal Loan Promises Instant Approval for Florida Applicants

    Need money in a pinch? Now Personal Loan provides instant approval options for Florida residents:

    • Application is less than five minutes
    • Pre-approval in seconds after applying
    • Money usually released the same day
    • Available on any device, 24/7
    • Transparent status updates and reminders
    • No faxing or hard paperwork involved
    • Perfect for urgent situations such as medical expenses, auto repairs, or pending rent

    Now Personal Loan is now your trusted financial ally in times of crisis, providing speed and transparency when you need it the most.

    <<< Fast. Safe. Approved. Try Now Personal Loan Today >>>

    Now Personal Loan Launches Guaranteed Approval Option for Eligible Borrowers

    To enable more individuals to qualify for funding, Now Personal Loan now offers guaranteed approval options for qualified Florida applicants. This entails:

    • Repeated borrowers with good payment history
    • Borrowers with stable employment and income
    • Individuals who qualify through auto-qualification
    • Active duty military personnel and retirees with pension income
    • Social Security or government benefit recipients
    • Address verified in Florida
    • Good standing bank account

    The aim is to offer regular access to credit without any kind of delay. With inclusiveness as the priority, Now Personal Loan keeps deserving borrowers from being left behind and can depend on assistance when required.

    Now Personal Loan Highlights Responsible Lending and Transparency in Florida

    Now Personal Loan promotes safe borrowing habits and transparency throughout Florida. Their framework comprises:

    • Transparent interest rates and fee structures
    • No bait-and-switch pricing or concealed provisions
    • Borrowing constraints that correlate with your earnings
    • Committed Florida-based support staff
    • Resources and articles to enhance financial literacy
    • On-time repayment incentivization through loyalty benefits
    • Freedom to repay and extension policies when necessary

    The organization strives to make every borrower make smart, confident financial decisions, and build a robust financial foundation. Borrowers are incentivized to borrow only what they can afford to repay.

    Now Personal Loan’s Easy Online Application Process for Florida Borrowers

    Now Personal Loan’s process is speedy and hassle-free:

    • Go to the website and initiate the application
    • Fill in simple details – name, income, employment
    • Upload a digital version of ID and income proof
    • Get an instant go-ahead or no-go decision
    • Get money credited to your account, usually within hours
    • Repay easily through the online dashboard

    No long lines, no complicated paperwork – just a convenient, contemporary lending process tailored for busy Floridians. Prospective applicants can even save their application and come back later, providing utmost convenience.

     <<< Need Cash Fast in Florida? Apply in Under 2 Minutes >>>

    Now Personal Loan to Lead Florida Payday Loan Industry with Smarter Approval Tech

    Now Personal Loan introduces fintech innovation to Florida’s payday lending industry. Here’s how:

    • Advanced AI and automation facilitate quicker decisions
    • Algorithms evaluate risk more accurately than conventional processes
    • Increased access for non-traditional borrowers
    • Live data analytics lower default rates
    • Efficient process from application to funding in less than an hour
    • Ongoing platform enhancements for better user experience
    • Secure cloud platform for secure transactions

    Now Personal Loan is revolutionizing payday lending with this technology—capturing speed, fairness, and flexibility. It’s the lending future brought to Florida’s doorstep.

    Final Words: Why Florida Residents Choose Now Personal Loan Over Traditional Payday Lenders

    Floridians are relying more and more on Now Personal Loan for a wiser, more understanding borrowing experience. Differing from the conventional payday lenders, the platform provides an efficient digital process, assured approval for qualified borrowers, and no credit check payday loans—all intended to provide people with the assistance they deserve without criticism or delay. Whether you’re a full-time worker, gig worker, or retiree, the platform accommodates your case with fairness, speed, and transparency.

    What really sets Now Personal Loan apart is its commitment to putting the borrower first. From instant funding and direct lender access to intuitive dashboards and best-in-class customer service, every element of the experience is designed to take stress out and put finances in order. The application of cutting-edge technology by the platform ensures quicker approvals while following strict security measures that protect user information. Coupled with its learning resources and welcoming underwriting, Now Personal Loan doesn’t simply provide loans—it provides a bridge to temporary financial assurance.

    In a market dominated by payday lenders, Now Personal Loan stands out from the pack by blending responsible lending, quick access, and customer-first mentality. It’s not only a loan company—it’s a respectful financial ally for Floridians dealing with life’s unexpected expenses. Whether you’re dealing with an emergency or just need a short-term infusion, Now Personal Loan is the name Florida can rely on.

    Media Details:
    Company: Now Personal Loan
    Full Company Address: Customer Acquisition LLC, Springates Building, Lower Government Road, Charlestown, Saint Kitts and Nevis
    Company Website: https://www.nowpersonalloan.com
    Official Email ID: support@NowPersonalLoan.com

    Attachment

    The MIL Network –

  • MIL-OSI Economics: CBB Delegation Visits Amazon Web Services in London

    Source: Central Bank of Bahrain

    Published on 30 June 2025

    Manama, Bahrain – 30 June 2025: A delegation of officials from the Central Bank of Bahrain (CBB), led by H.E. the Governor Khalid Humaidan, visited Amazon Web Services (AWS) at its headquarters in London, United Kingdom. The delegation, which included Mr. Mohamed Abdulkarim, Executive Director – Corporate Services, Mr. Mohamed Al Sadek, Executive Director – Market Development and Mrs. Noora Abdulghani, Executive Director – Supervision, was welcomed by Ms. Tanuja Randery, Managing Director of AWS for Europe, the Middle East, and Africa (EMEA).

    As part of the visit, the delegation participated in an executive briefing session that featured a series of presentations on various topics. These included emerging innovations contributing to the financial sector’s digital transformation, the role of advanced technologies in strengthening the supervisory and regulatory capabilities of central banks, and the strategic value of data analytics in unlocking business opportunities in financial services.

    Commenting on the visit, H.E. Khalid Humaidan, Governor of the Central Bank of Bahrain, stated: “It was a pleasure to visit Amazon Web Services, a global leader in cloud solutions and data analytics. This engagement marks a crucial step in strengthening collaboration and exchanging knowledge and reflects our ongoing commitment to innovation and enhancing the financial services sector in Bahrain. It also underscores our determination to remain adaptive in a rapidly evolving financial services landscape, reinforcing our growth and stability mandate across the sector.”

    Share this

    MIL OSI Economics –

  • MIL-OSI: BTCMiner Enhances The Value of Cloud Mining With Certified Platform and Principal and Interest Guarantee

    Source: GlobeNewswire (MIL-OSI)

    London, UK, June 30, 2025 (GLOBE NEWSWIRE) — BTCMiner, a pioneering smart cloud mining platform founded in 2009, today highlights its robust framework designed to provide secure and stable cryptocurrency mining opportunities. In an era of rapidly changing global economic landscape, BTCMiner highlights the key role of convenient cloud mining in promoting economic participation, a view shared by industry leaders.

    BTCMiner is certified by the UK Financial Conduct Authority (FCA) and guaranteed by smart resource management, we provide users with a transparent and reliable path to passive income that is not affected by market fluctuations.

    BTCMiner’s key advantages and innovations:

    Principal and interest guarantee: The cornerstone of BTCMiner’s product lies in its innovative contract design, which is designed to provide stability by returning the original principal and specified interest at the end of the contract, thereby significantly mitigating the impact of cryptocurrency market volatility on investors.

    Certification and Audit: As a certified platform, BTCMiner is subject to regular audits and strict supervision to ensure adherence to high standards of financial management and compliance.

    Joining BTCMiner is very simple. Users only need to register on the official website to get a trial contract worth $500 immediately. Official website: https://btcminer.net

    The platform supports multiple cryptocurrencies, provides one-click ordering function, and automatically settles profits every 24 hours, and can be viewed in real time.

    Generous invitation rewards: BTCMiner encourages community development through an exclusive referral program. Users can get real-time rewards by sharing personal invitation links on social media, with first-level referrals receiving 7% and second-level referrals receiving 2%.

    BTCMiner continues to optimize the allocation of mining machine resources and improve overall efficiency, which fully demonstrates its confidence in the broad prospects of cloud mining as a low-threshold, low-cost, and automated cryptocurrency investment method.

    Contact information:
    Name: Victoria Langford
    Position: Public Relations Manager
    Email: info@btcminer.net
    Website: https://btcminer.net
    Download the BTCMiner platform APP here

    Attachment

    The MIL Network –

  • MIL-OSI: BTCMiner Enhances The Value of Cloud Mining With Certified Platform and Principal and Interest Guarantee

    Source: GlobeNewswire (MIL-OSI)

    London, UK, June 30, 2025 (GLOBE NEWSWIRE) — BTCMiner, a pioneering smart cloud mining platform founded in 2009, today highlights its robust framework designed to provide secure and stable cryptocurrency mining opportunities. In an era of rapidly changing global economic landscape, BTCMiner highlights the key role of convenient cloud mining in promoting economic participation, a view shared by industry leaders.

    BTCMiner is certified by the UK Financial Conduct Authority (FCA) and guaranteed by smart resource management, we provide users with a transparent and reliable path to passive income that is not affected by market fluctuations.

    BTCMiner’s key advantages and innovations:

    Principal and interest guarantee: The cornerstone of BTCMiner’s product lies in its innovative contract design, which is designed to provide stability by returning the original principal and specified interest at the end of the contract, thereby significantly mitigating the impact of cryptocurrency market volatility on investors.

    Certification and Audit: As a certified platform, BTCMiner is subject to regular audits and strict supervision to ensure adherence to high standards of financial management and compliance.

    Joining BTCMiner is very simple. Users only need to register on the official website to get a trial contract worth $500 immediately. Official website: https://btcminer.net

    The platform supports multiple cryptocurrencies, provides one-click ordering function, and automatically settles profits every 24 hours, and can be viewed in real time.

    Generous invitation rewards: BTCMiner encourages community development through an exclusive referral program. Users can get real-time rewards by sharing personal invitation links on social media, with first-level referrals receiving 7% and second-level referrals receiving 2%.

    BTCMiner continues to optimize the allocation of mining machine resources and improve overall efficiency, which fully demonstrates its confidence in the broad prospects of cloud mining as a low-threshold, low-cost, and automated cryptocurrency investment method.

    Contact information:
    Name: Victoria Langford
    Position: Public Relations Manager
    Email: info@btcminer.net
    Website: https://btcminer.net
    Download the BTCMiner platform APP here

    Attachment

    The MIL Network –

  • MIL-OSI: WTW and Verisk collaborate to boost efficiency, speed, accuracy, and analytical sophistication in commercial insurance pricing 

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, has announced the launch of a ground-breaking feature in Radar, its leading analytics deployment solution. This new feature enables users to adjust to market price movements accurately and in real time by incorporating ISO Electronic Rating Content™ (ISO ERC ™) from Verisk.

    Insurers need reliable access to the latest rating information to stay competitive in today’s market and rate policies quickly and accurately. Time constraints can also prohibit carriers from adopting deviations, performing portfolio impact analyses, and deploying complex rating structures.

    Radar now allows insurers to seamlessly import Verisk ISO ERC content directly into Radar and instantly create an ISO-based pricing model at the touch of a button. In a matter of minutes, this enables users to begin rating policies with ISO’s up-to-date filed advisory prospective loss costs, rules, and forms attachment logic.

    Key benefits include the ability to analyze the impact of new ISO updates on in-force portfolios, scenario test the effects of proprietary deviations and deploy rates to market with minimal risk of manual error. A process that historically could take months can now be completed in minutes, greatly enhancing rate-making efficiency and giving carriers a powerful competitive edge in adapting to market price movements.

    Gio Smyth, Managing Director and Americas Regional Leader, Insurance Consulting and Technology at WTW, said: “This new Radar functionality builds significantly on the value already provided by Verisk’s ISO ERC solution. Our innovative approach enables insurers to thoroughly assess the impact of ISO Circular updates, providing them with the confidence they need to adjust their rates swiftly, benefiting both their business and customers. I’m excited to see our clients benefit from our latest Radar development.”

    Ron Beiderman, senior vice president of core lines services product at Verisk, said: “Verisk’s ISO ERC streamlines the end-to-end rating process by enabling faster, more accurate implementation of ISO content. With seamless integration into Radar’s pricing, analytics and deployment environments, it enhances ratemaking efficiency and helps set insurers apart in such a highly competitive environment. This advancement enables partners to deliver the full value of ISO ERC data through robust and scalable solutions.”

    About Radar
    Smarter insights. Better results. Delivered faster.

    Radar is an end-to-end analytics and model deployment solution. It was built specifically for insurers by insurance experts and continually enhanced through ongoing investment, development, and innovation.

    Radar delivers proprietary machine learning algorithms, real-time decision-making, regulatory reporting, and speed and ease of deployment.

    Radar is part of WTW’s Insurance Consulting and Technology business, which serves the insurance industry with a powerful combination of advisory services and leading-edge technology. Its mission is to innovate and transform the insurance industry, delivering solutions that help clients better select, finance, and manage risk and capital.

    We work with clients of all sizes globally, including most of the world’s leading insurance groups. Over 1,000 client companies use our specialist insurance software on six continents. With over 1,700 colleagues in 35 markets, we continually strive to be a partner and employer of choice in the insurance industry.

    About WTW
    At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in people, risk, and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce, and maximize performance.

    Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success and provide perspective that moves you.

    Learn more at wtwco.com.

    About Verisk 
    Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, extreme events, sustainability and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities and businesses. With teams across more than 20 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more, visit Verisk.com and the Verisk Newsroom. 

    Media Contact
    Andrew Collis: +44 7932 725 267 | andrew.collis@wtwco.com

    Arnelle Sullivan: +1 (718) 208-0474 | Arnelle.Sullivan@wtwco.com

    The MIL Network –

  • MIL-OSI: Richtech Robotics Joint Venture Partner Secures $4M Sales Agreement to Expand Reach in Asia’s AI Robotics Market

    Source: GlobeNewswire (MIL-OSI)

    Agreement with Beijing Tongchuang Technology Development Co., Ltd. strengthens regional momentum through purchase, service, and licensing of flagship products

    LAS VEGAS, June 30, 2025 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, today announced the signing of a multi-million-dollar sales agreement with Beijing Tongchuang Technology Development Co., Ltd. by its Chinese joint venture, Boyu Artificial Intelligence Technology Co., Ltd.

    The agreement, valued at over $4 million, includes the purchase, service, and software licensing of products from three of Richtech’s key product lines: ADAM, Scorpion, and Titan. The deal expands the company’s footprint in China and opens the door for additional potential opportunities across the Asian market. The agreement is expected to increase the company’s fourth quarter revenue as well as to drive recurring revenue moving forward.

    “This agreement represents a major milestone in our international growth strategy,” said Matt Casella, President of Richtech Robotics. “We’re excited to offer our AI-driven solutions to more businesses across Asia, with the aim of helping them enhance operational efficiency and customer experiences through next-generation robotics.”

    This partnership builds on Richtech Robotics’ commitment to global expansion, offering advanced service robot solutions tailored to high-demand sectors such as hospitality, retail, manufacturing, and healthcare.

    Richtech Robotics has deployed over 400 robot solutions across the U.S. including in restaurants, retail stores, hotels, healthcare facilities, casinos, senior living homes, and factories. Current clients include, Texas Rangers’ Globe Life Field, Golden Corral, Hilton, Sodexo, Boyd Gaming, and more.

    About Richtech Robotics

    Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Our mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to achieve more. By seamlessly integrating cutting-edge automation, we aspire to create a landscape of enhanced interactions, efficiency, and innovation, propelling organizations toward unparalleled levels of excellence and satisfaction. Learn more at www.RichtechRobotics.com and connect with us on X (Twitter), LinkedIn, and YouTube.

    Forward Looking Statements

    Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Such forward-looking statements include, but are not limited to, statements regarding the successful implementation of the terms of the sales agreement, the expected impact of such sales on Richtech Robotics’ future revenue, and the of the success of Richtech Robotics’ international expansion strategy.

    These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements include, among others, risks and uncertainties related to the ability of each party to carry out its respective obligations under the sales agreement, performance of Richtech Robotics’ products, industry and general economic and market conditions. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K, filed with the SEC on January 14, 2025, as amended on February 7, 2025 and March 4, 2025 and other public filings with the SEC. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotics to predict those events or how they may affect Richtech Robotics. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.

    Readers are cautioned not to put undue reliance on forward-looking statements, and Richtech Robotics assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Investors:
    CORE IR
    Matt Blazei
    ir@richtechrobotics.com

    Media:
    Timothy Tanksley
    Director of Marketing
    Richtech Robotics, Inc
    press@richtechrobotics.com
    702-534-0050

    The MIL Network –

  • MIL-OSI: Richtech Robotics Joint Venture Partner Secures $4M Sales Agreement to Expand Reach in Asia’s AI Robotics Market

    Source: GlobeNewswire (MIL-OSI)

    Agreement with Beijing Tongchuang Technology Development Co., Ltd. strengthens regional momentum through purchase, service, and licensing of flagship products

    LAS VEGAS, June 30, 2025 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, today announced the signing of a multi-million-dollar sales agreement with Beijing Tongchuang Technology Development Co., Ltd. by its Chinese joint venture, Boyu Artificial Intelligence Technology Co., Ltd.

    The agreement, valued at over $4 million, includes the purchase, service, and software licensing of products from three of Richtech’s key product lines: ADAM, Scorpion, and Titan. The deal expands the company’s footprint in China and opens the door for additional potential opportunities across the Asian market. The agreement is expected to increase the company’s fourth quarter revenue as well as to drive recurring revenue moving forward.

    “This agreement represents a major milestone in our international growth strategy,” said Matt Casella, President of Richtech Robotics. “We’re excited to offer our AI-driven solutions to more businesses across Asia, with the aim of helping them enhance operational efficiency and customer experiences through next-generation robotics.”

    This partnership builds on Richtech Robotics’ commitment to global expansion, offering advanced service robot solutions tailored to high-demand sectors such as hospitality, retail, manufacturing, and healthcare.

    Richtech Robotics has deployed over 400 robot solutions across the U.S. including in restaurants, retail stores, hotels, healthcare facilities, casinos, senior living homes, and factories. Current clients include, Texas Rangers’ Globe Life Field, Golden Corral, Hilton, Sodexo, Boyd Gaming, and more.

    About Richtech Robotics

    Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Our mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to achieve more. By seamlessly integrating cutting-edge automation, we aspire to create a landscape of enhanced interactions, efficiency, and innovation, propelling organizations toward unparalleled levels of excellence and satisfaction. Learn more at www.RichtechRobotics.com and connect with us on X (Twitter), LinkedIn, and YouTube.

    Forward Looking Statements

    Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Such forward-looking statements include, but are not limited to, statements regarding the successful implementation of the terms of the sales agreement, the expected impact of such sales on Richtech Robotics’ future revenue, and the of the success of Richtech Robotics’ international expansion strategy.

    These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements include, among others, risks and uncertainties related to the ability of each party to carry out its respective obligations under the sales agreement, performance of Richtech Robotics’ products, industry and general economic and market conditions. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K, filed with the SEC on January 14, 2025, as amended on February 7, 2025 and March 4, 2025 and other public filings with the SEC. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotics to predict those events or how they may affect Richtech Robotics. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.

    Readers are cautioned not to put undue reliance on forward-looking statements, and Richtech Robotics assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Investors:
    CORE IR
    Matt Blazei
    ir@richtechrobotics.com

    Media:
    Timothy Tanksley
    Director of Marketing
    Richtech Robotics, Inc
    press@richtechrobotics.com
    702-534-0050

    The MIL Network –

  • MIL-OSI: Aimfinity Investment Corp. I Announces New Monthly Extension for Business Combination

    Source: GlobeNewswire (MIL-OSI)

    Wilmington, DE, June 30, 2025 (GLOBE NEWSWIRE) — Aimfinity Investment Corp. I (the “AIMA”) (Nasdaq: AIMTF), a special purpose acquisition company incorporated as a Cayman Islands exempted company, today announced that, in order to extend the date by which the Company mush complete its initial business combination from June 28, 2025 to July 28, 2025, on JUne 28, 2025, I-Fa Chang, manager of the sponsor of the Company, has deposited into its trust account (the “Trust Account”) an aggregate of $55,823.8, or for $0.05 per Class A ordinary share held by public shareholders (the “Monthly Extension Payment”).

    Pursuant to the Company’s fourth amended & restated memorandum and articles of association (“Current Charter”), effectively January 9, 2025, the Company may extend on a monthly basis from January 28, 2025 until October 28, 2025 or such an earlier date as may be determined by its board to complete a business combination by depositing the Monthly Extension Payment for each month into the Trust Account. This is the sixth of nine monthly extensions sought under the Current Charter of the Company.  

    About Aimfinity Investment Corp. I

    Aimfinity Investment Corp. I is a special purpose acquisition company (SPAC) focused on merging with high-growth potential businesses and facilitating their entry into the capital markets.

    Additional Information and Where to Find It

    As previously disclosed, on October 13, 2023, AIMA entered into that certain Agreement and Plan of Merger (as may be amended, supplemented or otherwise modified from time to time, the “Merger Agreement”), by and between AIMA, Docter, Aimfinity Investment Merger Sub I, a Cayman Islands exempted company and wholly-owned subsidiary of AIMA (“Purchaser”), and Aimfinity Investment Merger Sub II, Inc., a Delaware corporation and wholly-owned subsidiary of Purchaser (“Merger Sub”), pursuant to which AIMA is proposing to enter into a business combination with Docter involving an reincorporation merger and an acquisition merger. This press release does not contain all the information that should be considered concerning the proposed business combination and is not intended to form the basis of any investment decision or any other decision in respect of the business combination. AIMA’s shareholders and other interested persons are advised to read, when available, the proxy statement/prospectus and the amendments thereto and other documents filed in connection with the proposed business combination, as these materials will contain important information about AIMA, Purchaser or Docter, and the proposed business combination. The proxy statement/prospectus and other relevant materials for the proposed business combination have been mailed to shareholders of AIMA as of the record date of February 25, 2025, established for voting on the proposed business combination. Such shareholders will also be able to obtain copies of the proxy statement/prospectus and other documents filed with the SEC, without charge, once available, at the SEC’s website at www.sec.gov, or by directing a request to AIMA’s principal office at 221 W 9th St, PMB 235 Wilmington, Delaware 19801.

    Forward-Looking Statements

    This press release contains certain “forward-looking statements” within the meaning of the Securities Act of 1933, as amended (the “Securities Act”) and the Securities Exchange Act of 1934, as amended. Statements that are not historical facts, including statements about the proposed transactions described herein, and the parties’ perspectives and expectations, are forward-looking statements. Such statements include, but are not limited to, statements regarding the proposed transaction, including the anticipated initial enterprise value and post-closing equity value, the benefits of the proposed transaction, integration plans, expected synergies and revenue opportunities, anticipated future financial and operating performance and results, including estimates for growth, the expected management and governance of the combined company, and the expected timing of the proposed transactions. The words “expect,” “believe,” “estimate,” “intend,” “plan” and similar expressions indicate forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to various risks and uncertainties, assumptions (including assumptions about general economic, market, industry and operational factors), known or unknown, which could cause the actual results to vary materially from those indicated or anticipated.

    Such risks and uncertainties include, but are not limited to: (i) risks related to the expected timing and likelihood of completion of the proposed business combination, including the risk that the transaction may not close due to one or more closing conditions to the transaction not being satisfied or waived, such as regulatory approvals not being obtained, on a timely basis or otherwise, or that a governmental entity prohibited, delayed or refused to grant approval for the consummation of the transaction or required certain conditions, limitations or restrictions in connection with such approvals; (ii) risks related to the ability of AIMA and Docter to successfully integrate the businesses; (iii) the occurrence of any event, change or other circumstances that could give rise to the termination of the applicable transaction agreements; (iv) the risk that there may be a material adverse change with respect to the financial position, performance, operations or prospects of AIMA or Docter; (v) risks related to disruption of management time from ongoing business operations due to the proposed transaction; (vi) the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of AIMA’s securities; (vii) the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Docter to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally; (viii) risks relating to the medical device industry, including but not limited to governmental regulatory and enforcement changes, market competitions, competitive product and pricing activity; and (ix) risks relating to the combined company’s ability to enhance its products and services, execute its business strategy, expand its customer base and maintain stable relationship with its business partners.

    A further list and description of risks and uncertainties can be found in the prospectus filed with the Securities and Exchange Commission (the “SEC”) on April 26, 2022 relating to AIMA’s initial public offering (File No. 333-263874), the annual report of AIMA on Form 10-K for the fiscal year ended on December 31, 2024, filed with the SEC on April 15, 2025, and in the final prospectus/proxy statement filed with the SEC on March 6, 2025 relating to the proposed transactions (File No. 333-284658) (the “Final Prospectus”), and other documents that the parties may file or furnish with the SEC, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and AIMA, Docter, and their subsidiaries or affiliates undertake no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

    Additional Information and Where to Find It

    In connection with the proposed transactions described herein, Purchaser filed the Final Prospectus with the SEC on March 6, 2025. The proxy statement and a proxy card has been mailed to AIMA’s shareholders of record as of February 25, 2025. Shareholders of AIMA will also be able to obtain a copy of the Final Prospectus without charge from AIMA. The Final Prospectus may also be obtained without charge at the SEC’s website at www.sec.gov. INVESTORS AND SECURITY HOLDERS OF AIMA ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE PROPOSED TRANSACTIONS THAT AIMA WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT AIMA, DOCTER AND THE PROPOSED TRANSACTIONS. 

    Participants in the Solicitation

    AIMA, Docter, and their respective directors, executive officers, other members of management, and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of AIMA’s shareholders in connection with the proposed transactions described herein. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of AIMA’s shareholders in connection with the proposed business combination is set forth in the Final Prospectus.

    No Offer or Solicitation

    This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of any potential transaction and does not constitute an offer to sell or a solicitation of an offer to buy any securities of AIMA, Purchaser or Docter, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act or an exemption therefrom.

    I-Fa Chang
    425-365-2933
    ivan@inkstonecapital.com

    The MIL Network –

  • MIL-OSI: Apollo Announces Olympus Housing Capital

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced the launch of Olympus Housing Capital (“Olympus” or the “Company”), a new homebuilder finance strategy. Olympus is an affiliate of Apollo and focuses on providing capital solutions to homebuilders across the United States to finance land acquisition and development work required to transform entitled residential land into finished lots ready for home construction. Olympus is led by CEO Andrew Brausa, an industry veteran with more than two decades of experience in residential housing.

    Olympus operates at the intersection of multiple secular tailwinds including the structural under-supply of single-family homes and homebuilder finance increasingly relying upon customized private financing solutions. Olympus’ originations are backed by capital from Apollo-managed funds and affiliated balance sheets, and the Company will target both public and private homebuilder customers who increasingly require scaled capital partners to support their growth ambitions and increase the supply of housing in the United States.

    Apollo Partners Peter Sinensky and Nancy de Liban said, “Olympus sits at the epicenter of multiple focus areas for Apollo and builds upon our expertise in residential real estate and asset-backed finance origination. This new strategy represents a highly scalable business that is poised to deliver flexible capital solutions to an underbuilt market with favorable long-term macroeconomic tailwinds, and we are pleased to partner with Andrew and leverage his extensive experience and strong track record in the sector.”

    Olympus CEO Andrew Brausa said, “I am excited to join forces with Apollo to launch Olympus amid robust and growing demand for reliable homebuilder capital solutions. With a flexible investment mandate and significant operating capabilities, we believe Olympus can provide value-add services that align with the interests of our clients and their community residents. I look forward to collaborating with Nancy, Peter and the Apollo team as we seek to scale the strategy and solve for a critical funding need helping facilitate new home ownership across the country.”

    Mr. Brausa has over 20 years of investment experience and most recently founded and managed Brookfield Asset Management’s land financing strategies. Previously, Brausa co-founded Domain Real Estate Partners to execute private land financings. He has also managed public market investment portfolios at DW Partners and held senior investment roles at several global asset managers.

    To learn more about Olympus, visit www.olympushc.com.

    About Apollo

    Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of March 31, 2025, Apollo had approximately $785 billion of assets under management. To learn more, please visit www.apollo.com.

    Contacts

    Noah Gunn
    Global Head of Investor Relations
    Apollo Global Management, Inc.
    (212) 822-0540
    IR@apollo.com

    Joanna Rose
    Global Head of Corporate Communications
    Apollo Global Management, Inc.
    (212) 822-0491
    Communications@apollo.com

    The MIL Network –

  • MIL-OSI: Abacus Global Management Announces Commencement of Exchange Offer and Consent Solicitation Relating to Warrants

    Source: GlobeNewswire (MIL-OSI)

    ORLANDO, Fla., June 30, 2025 (GLOBE NEWSWIRE) — Abacus Global Management, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leader in the alternative asset management space, today announced that it has commenced an exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its (i) outstanding public warrants (the “public warrants”) and (ii) outstanding private placement warrants (the “private placement warrants” and, together with the public warrants, the “warrants”) to purchase shares of common stock, par value $0.0001 per share, of the Company (“common stock”). The Company’s common stock and public warrants are listed on the Nasdaq Capital Market under the symbols “ABL” and “ABLLW,” respectively. The purpose of the Offer and Consent Solicitation is to simplify the Company’s capital structure and reduce the potential dilutive impact of the warrants, thereby providing the Company with more flexibility for financing its operations in the future.

    Exchange Offer and Consent Solicitation Relating to Warrants

    The Company is offering to all holders of the outstanding warrants the opportunity to receive 0.23 shares of common stock in exchange for each warrant tendered by the holder and exchanged pursuant to the Offer. Pursuant to the Offer, the Company is offering up to an aggregate of 4,743,381 shares of its common stock in exchange for the warrants. The offering period will continue until 11:59 p.m., Eastern Time, on July 29, 2025, or such later time and date to which the Company may extend (the “Expiration Date”), as described in the Company’s Schedule TO and Prospectus/Offer to Exchange (each as defined below). Tendered warrants may be withdrawn by holders at any time prior to the Expiration Date.

    Concurrently with the Offer, the Company is also soliciting consents from holders of the public warrants to amend the warrant agreement that governs all of the warrants (the “Warrant Agreement”) to permit the Company to require that each warrant that is outstanding upon the closing of the Offer be exchanged for 0.207 shares of common stock, which is a ratio 10% less than the exchange ratio applicable to the Offer (such amendment, the “Warrant Amendment”). Pursuant to the terms of the Warrant Agreement, all except certain specified modifications or amendments require the vote or written consent of holders of at least 50% of the outstanding public warrants. Parties representing approximately 25% of our outstanding public warrants and 94% of our outstanding private placement warrants have agreed to tender their warrants in the Offer and to consent to the proposed Warrant Amendment in the Consent Solicitation pursuant to tender and support agreements. Accordingly, if holders of an additional approximately 25% of our outstanding public warrants agree to consent to the Warrant Amendment in the Consent Solicitation, and the other conditions described in the Offer and Consent Solicitation are satisfied or waived, then the Warrant Amendment will be adopted.

    The Offer and Consent Solicitation are being made pursuant to a prospectus/offer to exchange, dated June 30, 2025 (the “Prospectus/Offer to Exchange”), and Schedule TO, dated June 30, 2025 (the “Schedule TO”), each of which has been filed with the U.S. Securities and Exchange Commission (the “SEC”) and more fully sets forth the terms and conditions of the Offer and Consent Solicitation.

    As of June 30, 2025, there were (i) 97,867,821 shares of common stock outstanding and (ii) a total of 20,623,395 warrants outstanding, including 11,723,395 public warrants and 8,900,000 private placement warrants. Assuming all warrant holders tender their warrants for exchange in the Offer, the Company would expect to issue up to 4,743,381 shares of common stock, resulting in 102,611,202 shares of common stock outstanding (an increase of approximately 5%), and no warrants outstanding.

    D.F. King & Co., Inc. has been appointed as the information agent for the Offer and Consent Solicitation (the “Information Agent”), and Continental Stock Transfer & Trust Company has been appointed as the exchange agent (the “Exchange Agent”).

    Important Additional Information Has Been Filed with the SEC

    Copies of the Schedule TO and Prospectus/Offer to Exchange will be available free of charge at the website of the SEC at www.sec.gov. Requests for documents may also be directed to the Information Agent at (866) 796-3441 (for warrant holders) or (212) 257-2075 (for banks and brokers) or via the following email address: abacus@dfking.com. A registration statement on Form S-4 relating to the securities to be issued in the Offer has been filed with the SEC but has not yet become effective. Such securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

    This announcement is for informational purposes only and shall not constitute an offer to purchase or a solicitation of an offer to sell the warrants or an offer to sell or a solicitation of an offer to buy any shares of common stock in any state in which such offer, solicitation, or sale would be unlawful before registration or qualification under the laws of any such state. The Offer and Consent Solicitation are being made only through the Schedule TO and Prospectus/Offer to Exchange, and the complete terms and conditions of the Offer and Consent Solicitation are set forth in the Schedule TO and Prospectus/Offer to Exchange.

    Holders of the warrants are urged to read the Schedule TO and Prospectus/Offer to Exchange carefully before making any decision with respect to the Offer and Consent Solicitation because they contain important information, including the various terms of, and conditions to, the Offer and Consent Solicitation.

    None of the Company, any of its management or its board of directors, or the Information Agent, or the Exchange Agent, makes any recommendation as to whether or not holders of warrants should tender the warrants for exchange in the Offer or consent to the Warrant Amendment in the Consent Solicitation.

    About Abacus

    Abacus Global Management (NASDAQ: ABL) is a leading financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services. With a focus on longevity-based assets and personalized financial planning, Abacus leverages proprietary data analytics and decades of industry expertise to deliver innovative solutions that optimize financial outcomes for individuals and institutions worldwide.

    Contacts:

    Investor Relations
    Robert F. Phillips – SVP Investor Relations and Corporate Affairs
    rob@abacusgm.com
    (321) 290-1198

    David Jackson – Director of IR/Capital Markets
    david@abacusgm.com
    (321) 299-0716

    Abacus Global Management Public Relations
    press@abacusgm.com

    The MIL Network –

  • MIL-OSI: Kneat Announces Upcoming Change to its Senior Leadership

    Source: GlobeNewswire (MIL-OSI)

    LIMERICK, Ireland, June 30, 2025 (GLOBE NEWSWIRE) — kneat.com, inc. (TSX: KSI) (OTCQC: KSIOF), a leader in digitizing and automating validation and quality processes, announces a change to its senior leadership team.

    Hugh Kavanagh, our CFO, is retiring from Kneat to spend more time pursuing other interests. We wish him the very best for the future. During his time at Kneat, Hugh contributed significantly to our success, helping the Company to grow to its current level and building a strong finance team. We have very much enjoyed working with Hugh and will miss his valuable contributions, his friendship and ongoing financial guidance at all levels within the Company.

    Dave O’Reilly will join the Kneat team as our new CFO on July 7th. Most recently, Dave served as CFO at Ekco for seven years. During his time there he helped scale this fast-growing cloud business from a start up to $200 million in annual revenue. He was responsible for directing financial strategy and operations, driving rapid business growth, and establishing Ekco as a market leader in the European Managed Security Service space. He built and led high-performing finance, accounting, and FP&A teams, fostering a culture of accountability and strategic alignment. Prior to his time at Ekco he served as the international controller for a $4 billion-SaaS business, Consensus Cloud Solutions/Ziff Davis Inc., formerly J2 Global. Dave holds a BA in Accounting and Finance from Dublin City University and is a licensed CPA.

    Dave will partner with Hugh for a period of one month – to ensure a smooth transition, and Hugh’s final day with the company will be Friday, August 8th.

    “I’d like to thank Hugh and our finance team for their continued dedication to Kneat and trust in their combined leadership to ensure a smooth transition in the coming months,” said Eddie Ryan, Kneat CEO. “I look forward to working with Dave, I’m confident he will have a considerable impact, as we continue to scale the value we deliver for Life Sciences.”

    About Kneat

    Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end. Kneat Gx is fully ISO 9001 and ISO 27001 certified, fully validated, and 21 CFR Part 11/Annex 11 compliant. Multiple independent customer studies show up to 40% reduction in documentation cycle times, up to 20% faster speed to market, and a higher compliance standard.

    Cautionary and Forward-Looking Statements

    Except for the statements of historical fact contained herein, certain information presented constitutes “forward-looking information” within the meaning of applicable Canadian securities laws. Such forward-looking information includes, but is not limited to, the relationship between Kneat and the customer, Kneat’s business development activities, the use and implementation timelines of Kneat’s software within the customer’s validation processes, the ability and intent of the customer to scale the use of Kneat’s software within the customer’s organization, and the compliance of Kneat’s platform under regulatory audit and inspection. While such forward-looking statements are expressed by Kneat, as stated in this release, in good faith and believed by Kneat to have a reasonable basis, they are subject to important risks and uncertainties. As a result of these risks and uncertainties, the events predicted in these forward-looking statements may differ materially from actual results or events. These forward-looking statements are not guarantees of future performance, given that they involve risks and uncertainties.

    Kneat does not undertake any obligation to release publicly revisions to any forward-looking statement, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued forward-looking statement constitutes a reaffirmation of that statement. Continued reliance on forward-looking statements is at an investor’s own risk.

    For more information visit www.kneat.com.

    Contact:

    Katie Keita, Kneat Investor Relations
    P: + 1 902-450-2660
    E: investors@kneat.com 

    The MIL Network –

  • MIL-OSI: Kneat Announces Upcoming Change to its Senior Leadership

    Source: GlobeNewswire (MIL-OSI)

    LIMERICK, Ireland, June 30, 2025 (GLOBE NEWSWIRE) — kneat.com, inc. (TSX: KSI) (OTCQC: KSIOF), a leader in digitizing and automating validation and quality processes, announces a change to its senior leadership team.

    Hugh Kavanagh, our CFO, is retiring from Kneat to spend more time pursuing other interests. We wish him the very best for the future. During his time at Kneat, Hugh contributed significantly to our success, helping the Company to grow to its current level and building a strong finance team. We have very much enjoyed working with Hugh and will miss his valuable contributions, his friendship and ongoing financial guidance at all levels within the Company.

    Dave O’Reilly will join the Kneat team as our new CFO on July 7th. Most recently, Dave served as CFO at Ekco for seven years. During his time there he helped scale this fast-growing cloud business from a start up to $200 million in annual revenue. He was responsible for directing financial strategy and operations, driving rapid business growth, and establishing Ekco as a market leader in the European Managed Security Service space. He built and led high-performing finance, accounting, and FP&A teams, fostering a culture of accountability and strategic alignment. Prior to his time at Ekco he served as the international controller for a $4 billion-SaaS business, Consensus Cloud Solutions/Ziff Davis Inc., formerly J2 Global. Dave holds a BA in Accounting and Finance from Dublin City University and is a licensed CPA.

    Dave will partner with Hugh for a period of one month – to ensure a smooth transition, and Hugh’s final day with the company will be Friday, August 8th.

    “I’d like to thank Hugh and our finance team for their continued dedication to Kneat and trust in their combined leadership to ensure a smooth transition in the coming months,” said Eddie Ryan, Kneat CEO. “I look forward to working with Dave, I’m confident he will have a considerable impact, as we continue to scale the value we deliver for Life Sciences.”

    About Kneat

    Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end. Kneat Gx is fully ISO 9001 and ISO 27001 certified, fully validated, and 21 CFR Part 11/Annex 11 compliant. Multiple independent customer studies show up to 40% reduction in documentation cycle times, up to 20% faster speed to market, and a higher compliance standard.

    Cautionary and Forward-Looking Statements

    Except for the statements of historical fact contained herein, certain information presented constitutes “forward-looking information” within the meaning of applicable Canadian securities laws. Such forward-looking information includes, but is not limited to, the relationship between Kneat and the customer, Kneat’s business development activities, the use and implementation timelines of Kneat’s software within the customer’s validation processes, the ability and intent of the customer to scale the use of Kneat’s software within the customer’s organization, and the compliance of Kneat’s platform under regulatory audit and inspection. While such forward-looking statements are expressed by Kneat, as stated in this release, in good faith and believed by Kneat to have a reasonable basis, they are subject to important risks and uncertainties. As a result of these risks and uncertainties, the events predicted in these forward-looking statements may differ materially from actual results or events. These forward-looking statements are not guarantees of future performance, given that they involve risks and uncertainties.

    Kneat does not undertake any obligation to release publicly revisions to any forward-looking statement, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued forward-looking statement constitutes a reaffirmation of that statement. Continued reliance on forward-looking statements is at an investor’s own risk.

    For more information visit www.kneat.com.

    Contact:

    Katie Keita, Kneat Investor Relations
    P: + 1 902-450-2660
    E: investors@kneat.com 

    The MIL Network –

  • MIL-OSI: Kneat Announces Upcoming Change to its Senior Leadership

    Source: GlobeNewswire (MIL-OSI)

    LIMERICK, Ireland, June 30, 2025 (GLOBE NEWSWIRE) — kneat.com, inc. (TSX: KSI) (OTCQC: KSIOF), a leader in digitizing and automating validation and quality processes, announces a change to its senior leadership team.

    Hugh Kavanagh, our CFO, is retiring from Kneat to spend more time pursuing other interests. We wish him the very best for the future. During his time at Kneat, Hugh contributed significantly to our success, helping the Company to grow to its current level and building a strong finance team. We have very much enjoyed working with Hugh and will miss his valuable contributions, his friendship and ongoing financial guidance at all levels within the Company.

    Dave O’Reilly will join the Kneat team as our new CFO on July 7th. Most recently, Dave served as CFO at Ekco for seven years. During his time there he helped scale this fast-growing cloud business from a start up to $200 million in annual revenue. He was responsible for directing financial strategy and operations, driving rapid business growth, and establishing Ekco as a market leader in the European Managed Security Service space. He built and led high-performing finance, accounting, and FP&A teams, fostering a culture of accountability and strategic alignment. Prior to his time at Ekco he served as the international controller for a $4 billion-SaaS business, Consensus Cloud Solutions/Ziff Davis Inc., formerly J2 Global. Dave holds a BA in Accounting and Finance from Dublin City University and is a licensed CPA.

    Dave will partner with Hugh for a period of one month – to ensure a smooth transition, and Hugh’s final day with the company will be Friday, August 8th.

    “I’d like to thank Hugh and our finance team for their continued dedication to Kneat and trust in their combined leadership to ensure a smooth transition in the coming months,” said Eddie Ryan, Kneat CEO. “I look forward to working with Dave, I’m confident he will have a considerable impact, as we continue to scale the value we deliver for Life Sciences.”

    About Kneat

    Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end. Kneat Gx is fully ISO 9001 and ISO 27001 certified, fully validated, and 21 CFR Part 11/Annex 11 compliant. Multiple independent customer studies show up to 40% reduction in documentation cycle times, up to 20% faster speed to market, and a higher compliance standard.

    Cautionary and Forward-Looking Statements

    Except for the statements of historical fact contained herein, certain information presented constitutes “forward-looking information” within the meaning of applicable Canadian securities laws. Such forward-looking information includes, but is not limited to, the relationship between Kneat and the customer, Kneat’s business development activities, the use and implementation timelines of Kneat’s software within the customer’s validation processes, the ability and intent of the customer to scale the use of Kneat’s software within the customer’s organization, and the compliance of Kneat’s platform under regulatory audit and inspection. While such forward-looking statements are expressed by Kneat, as stated in this release, in good faith and believed by Kneat to have a reasonable basis, they are subject to important risks and uncertainties. As a result of these risks and uncertainties, the events predicted in these forward-looking statements may differ materially from actual results or events. These forward-looking statements are not guarantees of future performance, given that they involve risks and uncertainties.

    Kneat does not undertake any obligation to release publicly revisions to any forward-looking statement, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued forward-looking statement constitutes a reaffirmation of that statement. Continued reliance on forward-looking statements is at an investor’s own risk.

    For more information visit www.kneat.com.

    Contact:

    Katie Keita, Kneat Investor Relations
    P: + 1 902-450-2660
    E: investors@kneat.com 

    The MIL Network –

  • MIL-OSI: Accredited Investors: Navigating the Post-Pandemic Landscape

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, June 30, 2025 (GLOBE NEWSWIRE) — A new era of early-stage investing takes center stage this summer as Keiretsu Forum South-East, the Angel Capital Association (ACA), and Georgia Tech’s Advanced Technology Development Center (ATDC) announce the Southeast Investor Conference, set for July 29–30, 2025, in Atlanta.

    The two-day program is designed to deliver candid insights, curated deal flow, and pragmatic strategies to navigate an investment landscape that has transformed dramatically in recent years. Attendees will explore evolving trends shaping portfolio management, early exits, and innovative funding models—while engaging with the entrepreneurs building the next generation of market solutions.

    The Southeast Investor Conference will feature a blend of educational programming and direct access to capital-ready startups. Notable sessions include:

    • Angel Returns & Portfolio Strategy, led by Rick Timmins, an ACA instructor and veteran investor, with data-driven approaches to diversification and IRR in uncertain markets.
    • Paradigm Shift in Early-Stage Investing, a discussion with Howard Lubert, Regional President of Keiretsu Forum Mid-Atlantic, South-East & Texas, and serial entrepreneur Christian Haller, exploring nimble investment approaches in the post-pandemic environment.
    • Leadership for Investors to Curate + Cultivate, to Profit in Turbulent Times, an interactive session led by Dr. Louise Yochee and Dr. Merom Klein, focused on identifying and cultivating the leadership attributes that drive portfolio success.
    • A keynote address from Ron Weissman, offering an unfiltered look at the state of early-stage investing, regional deal dynamics, and opportunities emerging across the Southeast innovation economy.

    The conference also includes a curated Startup Showcase, featuring promising early-stage companies actively raising capital. Participating founders will present their ventures to an audience of active accredited investors, followed by structured Q&A and networking opportunities during the investor reception and conference dinner.

    Organizers welcome angel groups throughout the Southeast with exceptional deal flow to connect regarding participation in the showcase. The event aims to spotlight founders and investment opportunities demonstrating market traction, clear pathways to scale, and strong potential for timely exits.

    The Southeast Investor Conference is supported by Accorto Regulatory Solutions, whose sponsorship underscores their commitment to strengthening the innovation landscape. They are a boutique regulatory firm that helps domestic and international companies bring FDA-regulated product concepts to market. Accorto partners with entrepreneurs and investors to accelerate compliant commercialization of breakthrough technologies.

    “The investment environment has never been more demanding,” said Barry Etra, Director of Entrepreneur Services, Keiretsu Forum. “This conference was designed to provide both the clarity and the connections serious investors need to navigate these cycles with confidence.”

    Registration for the Southeast Investor Conference is open to accredited investors and investment professionals. Capacity is limited to preserve the highly interactive format of the sessions and networking components. Register at https://www.k4-mst-investorconference.com/

    About Keiretsu Forum South-East
    Keiretsu Forum is the world’s largest and most active accredited investor community, with over 2,000 members across 50+ chapters globally. Since its founding, Keiretsu members have invested over $1 billion in early-stage companies spanning technology, life sciences, consumer products, and beyond.

    About the Angel Capital Association
    The Angel Capital Association is a professional alliance of accredited angel investors in North America. Representing more than 15,000 angels and over 250 angel groups and platforms, ACA supports investor education, public policy, and industry standards.

    About Georgia Tech’s ATDC
    The Advanced Technology Development Center (ATDC) at Georgia Tech is the state of Georgia’s technology incubator, helping entrepreneurs build and scale technology companies that make an impact.

    For media inquiries or information about participation in the Startup Showcase, please contact:

    Cindi Sutera
    K4-MST Communications
    CindiS@AMScommunications.net
    610-613-2773

    The MIL Network –

  • MIL-OSI United Nations: Financing for Development Conference Opens in Sevilla, Spain

    Source: United Nations MIL OSI b

    Meetings Coverage

    Fourth International Conference on Financing for Development,

    1st & 2nd Meetings (AM & PM)

    Don Felipe VI, King of Spain, opens the fourth International Conference on Financing for Development this morning in Sevilla, Spain.  Held from 30 June to 3 July, the conference provides a unique opportunity to reform financing at all levels, including to support reform of the international financial architecture and addressing financing challenges preventing the urgently needed investment push for the Sustainable Development Goals.  

    Throughout the week, leaders from all Governments, along with international and regional organizations, financial and trade institutions, businesses, civil society and the UN system, will unite at the highest levels, fostering stronger international cooperation.

    …

    Development

    For information media. Not an official record.

    MIL OSI United Nations News –

  • MIL-OSI Banking: RBI imposes monetary penalty on Shree Kadi Nagarik Sahakari Bank Ltd., Dist. Mehsana, Gujarat

    Source: Reserve Bank of India

    The Reserve Bank of India (RBl) has, by an order dated June 26, 2025, imposed a monetary penalty of ₹14.30 lakh (Rupees Fourteen Lakh Thirty Thousand only) on Shree Kadi Nagarik Sahakari Bank Ltd., Dist. Mehsana, Gujarat (the bank) for non-compliance with the certain directions issued by RBI on ‘Donations to Trusts and Institutions where Directors, their relatives hold position or are interested’ and ‘Management of Advances – UCBs’ This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, oral submissions made during the personal hearing and additional submissions made by it, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank had:

    1. donated certain amount to a trust in which the bank’s director’s relative was interested; and

    2. failed to ensure end-use of funds with respect to certain loans sanctioned by it.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/628

    MIL OSI Global Banks –

  • MIL-OSI Banking: RBI imposes monetary penalty on Shree Kadi Nagarik Sahakari Bank Ltd., Dist. Mehsana, Gujarat

    Source: Reserve Bank of India

    The Reserve Bank of India (RBl) has, by an order dated June 26, 2025, imposed a monetary penalty of ₹14.30 lakh (Rupees Fourteen Lakh Thirty Thousand only) on Shree Kadi Nagarik Sahakari Bank Ltd., Dist. Mehsana, Gujarat (the bank) for non-compliance with the certain directions issued by RBI on ‘Donations to Trusts and Institutions where Directors, their relatives hold position or are interested’ and ‘Management of Advances – UCBs’ This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, oral submissions made during the personal hearing and additional submissions made by it, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank had:

    1. donated certain amount to a trust in which the bank’s director’s relative was interested; and

    2. failed to ensure end-use of funds with respect to certain loans sanctioned by it.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/628

    MIL OSI Global Banks –

  • MIL-OSI Banking: RBI imposes monetary penalty on Shree Kadi Nagarik Sahakari Bank Ltd., Dist. Mehsana, Gujarat

    Source: Reserve Bank of India

    The Reserve Bank of India (RBl) has, by an order dated June 26, 2025, imposed a monetary penalty of ₹14.30 lakh (Rupees Fourteen Lakh Thirty Thousand only) on Shree Kadi Nagarik Sahakari Bank Ltd., Dist. Mehsana, Gujarat (the bank) for non-compliance with the certain directions issued by RBI on ‘Donations to Trusts and Institutions where Directors, their relatives hold position or are interested’ and ‘Management of Advances – UCBs’ This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, oral submissions made during the personal hearing and additional submissions made by it, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank had:

    1. donated certain amount to a trust in which the bank’s director’s relative was interested; and

    2. failed to ensure end-use of funds with respect to certain loans sanctioned by it.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/628

    MIL OSI Global Banks –

  • MIL-OSI Banking: RBI imposes monetary penalty on Shree Kadi Nagarik Sahakari Bank Ltd., Dist. Mehsana, Gujarat

    Source: Reserve Bank of India

    The Reserve Bank of India (RBl) has, by an order dated June 26, 2025, imposed a monetary penalty of ₹14.30 lakh (Rupees Fourteen Lakh Thirty Thousand only) on Shree Kadi Nagarik Sahakari Bank Ltd., Dist. Mehsana, Gujarat (the bank) for non-compliance with the certain directions issued by RBI on ‘Donations to Trusts and Institutions where Directors, their relatives hold position or are interested’ and ‘Management of Advances – UCBs’ This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, oral submissions made during the personal hearing and additional submissions made by it, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank had:

    1. donated certain amount to a trust in which the bank’s director’s relative was interested; and

    2. failed to ensure end-use of funds with respect to certain loans sanctioned by it.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/628

    MIL OSI Global Banks –

  • MIL-OSI Banking: RBI imposes monetary penalty on Saibaba Nagari Sahakari Bank Maryadit, Sailu, Maharashtra

    Source: Reserve Bank of India

    The Reserve Bank of India (RBl) has, by an order dated June 24, 2025, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on Saibaba Nagari Sahakari Bank Maryadit, Sailu, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, additional submissions made by it and oral submissions made during the personal hearing, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank had failed to:

    1. upload the KYC records of certain customers onto Central KYC Records Registry (CKYCR) within the prescribed time; and

    2. carry out periodic updation of KYC of certain customers as per the prescribed periodicity.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/629

    MIL OSI Global Banks –

  • MIL-OSI Banking: RBI imposes monetary penalty on Saibaba Nagari Sahakari Bank Maryadit, Sailu, Maharashtra

    Source: Reserve Bank of India

    The Reserve Bank of India (RBl) has, by an order dated June 24, 2025, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on Saibaba Nagari Sahakari Bank Maryadit, Sailu, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, additional submissions made by it and oral submissions made during the personal hearing, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank had failed to:

    1. upload the KYC records of certain customers onto Central KYC Records Registry (CKYCR) within the prescribed time; and

    2. carry out periodic updation of KYC of certain customers as per the prescribed periodicity.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/629

    MIL OSI Global Banks –

  • MIL-OSI Banking: Lending and Deposit Rates of Scheduled Commercial Banks – June 2025

    Source: Reserve Bank of India

    Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of June 2025 are set out in Tables 1 to 7.

    Highlights:

    Lending Rates:

    • The weighted average lending rate (WALR) on fresh rupee loans of SCBs declined to 9.20 per cent in May 2025 from 9.26 per cent in April 2025.

    • The WALR on outstanding rupee loans of SCBs dropped marginally to 9.69 per cent in May 2025 from 9.70 per cent in April 2025.1

    • 1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs moderated to 8.90 per cent in June 2025 from 8.95 per cent in May 2025.

    • The share of External Benchmark based Lending Rate (EBLR) linked loans in total outstanding floating rate rupee loans of SCBs was 61.6 per cent at end-March 2025 (60.6 per cent at end-December 2024), while that of MCLR linked loans was 34.9 per cent (35.9 per cent at end-December 2024).1

    Deposit Rates:

    • The weighted average domestic term deposit rate (WADTDR) on fresh rupee term deposits of SCBs stood at 6.11 per cent in May 2025 as compared to 6.34 per cent in April 2025.

    • The weighted average domestic term deposit rate (WADTDR) on outstanding rupee term deposits of SCBs was 7.07 per cent in May 2025 (7.10 per cent in April 2025).1

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/627

    MIL OSI Global Banks –

  • MIL-OSI Submissions: Energy Star, on the Trump administration’s target list, has a long history of helping consumers’ wallets and the planet

    Source: The Conversation – USA (2) – By Magali A. Delmas, Professor of Management, Institute of the Environment and Sustainability, Anderson School of Management, University of California, Los Angeles

    The blue Energy Star label is widely recognized across the U.S. Alex Tai/SOPA Images/LightRocket via Getty Images

    Since the early 1990s, the small blue Energy Star label has appeared on millions of household appliances, electronics and even buildings across the United States. But as the Trump administration considers terminating some or all of the program, it is worth a look at what exactly this government-backed label means, and why it has become one of the most recognizable environmental certifications in the country.

    Energy Star was launched by the U.S. Environmental Protection Agency in 1992 and later expanded in partnership with the Department of Energy with a simple goal: making it easier for consumers and businesses to choose energy-efficient products, helping them reduce energy use and save money, without sacrificing quality or performance.

    As a scholar of energy conservation, I have studied the Energy Star program’s development and public impact, including how it has shaped consumer behavior and environmental outcomes.

    According to the EPA, it has saved consumers an average of US$15 billion a year on energy costs since its inception, a massive return on a program that costs taxpayers an estimated $32 million a year.

    How Energy Star works

    When you see an Energy Star label on a product, it means that product has met strict energy efficiency standards set by the EPA in collaboration with the U.S. Department of Energy, which tests how much energy appliances use. The federal agencies also consult with product manufacturers, utilities and others to figure out how best to improve products and determine how cost-effective changes might be.

    Products that earn the Energy Star certification typically use significantly less energy than standard models, often between 10% and 50% less. The energy – and financial – savings can add up quickly, especially when homes or buildings have multiple Energy Star appliances and systems.

    Energy Star itself does not manufacture or sell products. Instead, it acts as a trusted third-party certifier, providing consumers and businesses with reliable information and clear labeling. It also offers information to help people estimate energy savings and compare long-term costs, making it easier to identify high-performing, cost-effective options. Manufacturers participating in Energy Star seek to improve their environmental reputation and increase their market share, giving them a strong incentive to meet the program’s efficiency criteria.

    Today, the label appears on refrigerators, dishwashers, laptops, commercial buildings and even newly built homes. The government says people in more than 90% of American households recognize the label.

    Energy Star-certified appliances include upright freezers, clothes washers and many other types of home equipment, which use between 10% and 50% less energy than uncertified items.
    AP Photo/Joshua A. Bickel

    People don’t always choose efficient products

    Energy Star seeks to tackle a wide range of problems that can result in people deciding not to buy energy-efficient products.

    One problem is that efficient models often come with higher up-front costs. While efficient models save money over time, that higher purchase price can discourage buyers. Energy Star helps counter this problem by clearly showing how much money can be saved on energy costs over the lifetime of the product – as compared with noncertified products – and by offering rebates that reduce the initial expense.

    Another problem involves what economists call “split incentives.” A landlord might not want to pay a higher price up front for energy-efficient appliances if the tenants are the ones who will save money on the utility bills. And renters may not want to spend a lot of money on appliances or equipment in a place they do not own. Energy Star tries to bridge this divide by promoting whole-building certifications, which encourage landlords to invest in their buildings’ energy efficiency with the goal of making their properties more attractive to tenants.

    The countless varieties of refrigerators, dishwashers, air conditioners and other items on the market can also create confusion. Consumers who just look at manufacturers’ promotional material may find it very hard to determine which appliances truly deliver better energy efficiency. The Energy Star label makes this comparison easier: If the label is there, it is among the most efficient choices available.

    And consumers are often skeptical of manufacturers’ claims – especially when it comes to new technologies or environmental promises. Energy Star’s status as a program backed by the government, rather than a private company, gives it a level of independence and credibility that many other labels lack. People know the certification is based on science, not sales tactics.

    Lastly, Energy Star helps overcome the problem that many people are not aware of how much energy their appliances consume, or how those choices contribute to climate change. By connecting everyday products to larger environmental outcomes, Energy Star helps consumers understand the effects of their decisions, without needing to become energy experts.

    The program delivers real results

    Since its inception, more than 800,000 appliance models have earned Energy Star certification based on the criteria for their type of product.

    The same principles that make the label valuable for consumer appliances – independent certification, clear metrics and a focus on results – have proved equally effective in real estate. Nearly 45,000 commercial buildings and industrial plants have earned certification. And there have been more than 2.5 million Energy Star-certified homes and apartments built in the U.S.

    In 2023 alone, over 190,000 new homes and apartments were certified, representing more than 12% of all new residential construction nationwide.

    Energy Star-certified homes are designed to be at least 10% more energy efficient than those built to standard building codes, with more insulation and windows and lights that are energy-efficient, as well as appliances. These enhancements can translate to better quality, comfort and long-term cost savings for homeowners.

    Commercial buildings, which account for about 18% of total U.S. energy use, have also benefited substantially. Research I was involved in found that certified commercial buildings use an average of 19% less energy than their noncertified counterparts.

    Computers can sleep, too – not just cats. Both types conserve energy.
    Markus Scholz/picture alliance via Getty Images

    Why government leadership matters

    Energy Star’s status as a government-led label contributes to its credibility as a more neutral and science-based source of information than commercial labels.

    Energy Star’s government connections also bring scale: By requiring federal purchases to have Energy Star certifications, the federal government can influence manufacturers. For example, a federal executive order in 1993 required government agencies to purchase only computers that had been Energy Star-certified, which required them to have energy-saving sleep functions.

    In response, manufacturers began including the feature so they could sell their products to the government. Consumers soon came to expect the sleep feature on all computers.

    A quiet success story in energy and climate

    Energy Star does not grab headlines. It does not rely on regulation or mandates. Yet it has quietly become one of the most effective tools the U.S. has for improving energy efficiency across homes, offices and public buildings.

    That said, the program is not without its limitations. Some critics have pointed out that not all certified products consistently perform at the highest efficiency levels. Other critics note that the benefits of Energy Star are more accessible to wealthier consumers who can afford up-front investments, even with available rebates. And the EPA itself has, at times, struggled to manage the certification process and update standards in line with the latest technological advances.

    At a time when energy costs and climate concerns are rising, Energy Star stands out as a rare example of a practical, nonpartisan program that delivers real benefits. It helps individuals, businesses and communities save money, lower emissions and take part in a more sustainable future – one smart decision at a time.

    Magali Delmas received funding from the US EPA in 2002 for research on Environmental Management Strategies and Corporate Performance.

    – ref. Energy Star, on the Trump administration’s target list, has a long history of helping consumers’ wallets and the planet – https://theconversation.com/energy-star-on-the-trump-administrations-target-list-has-a-long-history-of-helping-consumers-wallets-and-the-planet-258152

    MIL OSI –

  • MIL-OSI Submissions: Energy Star, on the Trump administration’s target list, has a long history of helping consumers’ wallets and the planet

    Source: The Conversation – USA (2) – By Magali A. Delmas, Professor of Management, Institute of the Environment and Sustainability, Anderson School of Management, University of California, Los Angeles

    The blue Energy Star label is widely recognized across the U.S. Alex Tai/SOPA Images/LightRocket via Getty Images

    Since the early 1990s, the small blue Energy Star label has appeared on millions of household appliances, electronics and even buildings across the United States. But as the Trump administration considers terminating some or all of the program, it is worth a look at what exactly this government-backed label means, and why it has become one of the most recognizable environmental certifications in the country.

    Energy Star was launched by the U.S. Environmental Protection Agency in 1992 and later expanded in partnership with the Department of Energy with a simple goal: making it easier for consumers and businesses to choose energy-efficient products, helping them reduce energy use and save money, without sacrificing quality or performance.

    As a scholar of energy conservation, I have studied the Energy Star program’s development and public impact, including how it has shaped consumer behavior and environmental outcomes.

    According to the EPA, it has saved consumers an average of US$15 billion a year on energy costs since its inception, a massive return on a program that costs taxpayers an estimated $32 million a year.

    How Energy Star works

    When you see an Energy Star label on a product, it means that product has met strict energy efficiency standards set by the EPA in collaboration with the U.S. Department of Energy, which tests how much energy appliances use. The federal agencies also consult with product manufacturers, utilities and others to figure out how best to improve products and determine how cost-effective changes might be.

    Products that earn the Energy Star certification typically use significantly less energy than standard models, often between 10% and 50% less. The energy – and financial – savings can add up quickly, especially when homes or buildings have multiple Energy Star appliances and systems.

    Energy Star itself does not manufacture or sell products. Instead, it acts as a trusted third-party certifier, providing consumers and businesses with reliable information and clear labeling. It also offers information to help people estimate energy savings and compare long-term costs, making it easier to identify high-performing, cost-effective options. Manufacturers participating in Energy Star seek to improve their environmental reputation and increase their market share, giving them a strong incentive to meet the program’s efficiency criteria.

    Today, the label appears on refrigerators, dishwashers, laptops, commercial buildings and even newly built homes. The government says people in more than 90% of American households recognize the label.

    Energy Star-certified appliances include upright freezers, clothes washers and many other types of home equipment, which use between 10% and 50% less energy than uncertified items.
    AP Photo/Joshua A. Bickel

    People don’t always choose efficient products

    Energy Star seeks to tackle a wide range of problems that can result in people deciding not to buy energy-efficient products.

    One problem is that efficient models often come with higher up-front costs. While efficient models save money over time, that higher purchase price can discourage buyers. Energy Star helps counter this problem by clearly showing how much money can be saved on energy costs over the lifetime of the product – as compared with noncertified products – and by offering rebates that reduce the initial expense.

    Another problem involves what economists call “split incentives.” A landlord might not want to pay a higher price up front for energy-efficient appliances if the tenants are the ones who will save money on the utility bills. And renters may not want to spend a lot of money on appliances or equipment in a place they do not own. Energy Star tries to bridge this divide by promoting whole-building certifications, which encourage landlords to invest in their buildings’ energy efficiency with the goal of making their properties more attractive to tenants.

    The countless varieties of refrigerators, dishwashers, air conditioners and other items on the market can also create confusion. Consumers who just look at manufacturers’ promotional material may find it very hard to determine which appliances truly deliver better energy efficiency. The Energy Star label makes this comparison easier: If the label is there, it is among the most efficient choices available.

    And consumers are often skeptical of manufacturers’ claims – especially when it comes to new technologies or environmental promises. Energy Star’s status as a program backed by the government, rather than a private company, gives it a level of independence and credibility that many other labels lack. People know the certification is based on science, not sales tactics.

    Lastly, Energy Star helps overcome the problem that many people are not aware of how much energy their appliances consume, or how those choices contribute to climate change. By connecting everyday products to larger environmental outcomes, Energy Star helps consumers understand the effects of their decisions, without needing to become energy experts.

    The program delivers real results

    Since its inception, more than 800,000 appliance models have earned Energy Star certification based on the criteria for their type of product.

    The same principles that make the label valuable for consumer appliances – independent certification, clear metrics and a focus on results – have proved equally effective in real estate. Nearly 45,000 commercial buildings and industrial plants have earned certification. And there have been more than 2.5 million Energy Star-certified homes and apartments built in the U.S.

    In 2023 alone, over 190,000 new homes and apartments were certified, representing more than 12% of all new residential construction nationwide.

    Energy Star-certified homes are designed to be at least 10% more energy efficient than those built to standard building codes, with more insulation and windows and lights that are energy-efficient, as well as appliances. These enhancements can translate to better quality, comfort and long-term cost savings for homeowners.

    Commercial buildings, which account for about 18% of total U.S. energy use, have also benefited substantially. Research I was involved in found that certified commercial buildings use an average of 19% less energy than their noncertified counterparts.

    Computers can sleep, too – not just cats. Both types conserve energy.
    Markus Scholz/picture alliance via Getty Images

    Why government leadership matters

    Energy Star’s status as a government-led label contributes to its credibility as a more neutral and science-based source of information than commercial labels.

    Energy Star’s government connections also bring scale: By requiring federal purchases to have Energy Star certifications, the federal government can influence manufacturers. For example, a federal executive order in 1993 required government agencies to purchase only computers that had been Energy Star-certified, which required them to have energy-saving sleep functions.

    In response, manufacturers began including the feature so they could sell their products to the government. Consumers soon came to expect the sleep feature on all computers.

    A quiet success story in energy and climate

    Energy Star does not grab headlines. It does not rely on regulation or mandates. Yet it has quietly become one of the most effective tools the U.S. has for improving energy efficiency across homes, offices and public buildings.

    That said, the program is not without its limitations. Some critics have pointed out that not all certified products consistently perform at the highest efficiency levels. Other critics note that the benefits of Energy Star are more accessible to wealthier consumers who can afford up-front investments, even with available rebates. And the EPA itself has, at times, struggled to manage the certification process and update standards in line with the latest technological advances.

    At a time when energy costs and climate concerns are rising, Energy Star stands out as a rare example of a practical, nonpartisan program that delivers real benefits. It helps individuals, businesses and communities save money, lower emissions and take part in a more sustainable future – one smart decision at a time.

    Magali Delmas received funding from the US EPA in 2002 for research on Environmental Management Strategies and Corporate Performance.

    – ref. Energy Star, on the Trump administration’s target list, has a long history of helping consumers’ wallets and the planet – https://theconversation.com/energy-star-on-the-trump-administrations-target-list-has-a-long-history-of-helping-consumers-wallets-and-the-planet-258152

    MIL OSI –

  • MIL-OSI Submissions: Energy Star, on the Trump administration’s target list, has a long history of helping consumers’ wallets and the planet

    Source: The Conversation – USA (2) – By Magali A. Delmas, Professor of Management, Institute of the Environment and Sustainability, Anderson School of Management, University of California, Los Angeles

    The blue Energy Star label is widely recognized across the U.S. Alex Tai/SOPA Images/LightRocket via Getty Images

    Since the early 1990s, the small blue Energy Star label has appeared on millions of household appliances, electronics and even buildings across the United States. But as the Trump administration considers terminating some or all of the program, it is worth a look at what exactly this government-backed label means, and why it has become one of the most recognizable environmental certifications in the country.

    Energy Star was launched by the U.S. Environmental Protection Agency in 1992 and later expanded in partnership with the Department of Energy with a simple goal: making it easier for consumers and businesses to choose energy-efficient products, helping them reduce energy use and save money, without sacrificing quality or performance.

    As a scholar of energy conservation, I have studied the Energy Star program’s development and public impact, including how it has shaped consumer behavior and environmental outcomes.

    According to the EPA, it has saved consumers an average of US$15 billion a year on energy costs since its inception, a massive return on a program that costs taxpayers an estimated $32 million a year.

    How Energy Star works

    When you see an Energy Star label on a product, it means that product has met strict energy efficiency standards set by the EPA in collaboration with the U.S. Department of Energy, which tests how much energy appliances use. The federal agencies also consult with product manufacturers, utilities and others to figure out how best to improve products and determine how cost-effective changes might be.

    Products that earn the Energy Star certification typically use significantly less energy than standard models, often between 10% and 50% less. The energy – and financial – savings can add up quickly, especially when homes or buildings have multiple Energy Star appliances and systems.

    Energy Star itself does not manufacture or sell products. Instead, it acts as a trusted third-party certifier, providing consumers and businesses with reliable information and clear labeling. It also offers information to help people estimate energy savings and compare long-term costs, making it easier to identify high-performing, cost-effective options. Manufacturers participating in Energy Star seek to improve their environmental reputation and increase their market share, giving them a strong incentive to meet the program’s efficiency criteria.

    Today, the label appears on refrigerators, dishwashers, laptops, commercial buildings and even newly built homes. The government says people in more than 90% of American households recognize the label.

    Energy Star-certified appliances include upright freezers, clothes washers and many other types of home equipment, which use between 10% and 50% less energy than uncertified items.
    AP Photo/Joshua A. Bickel

    People don’t always choose efficient products

    Energy Star seeks to tackle a wide range of problems that can result in people deciding not to buy energy-efficient products.

    One problem is that efficient models often come with higher up-front costs. While efficient models save money over time, that higher purchase price can discourage buyers. Energy Star helps counter this problem by clearly showing how much money can be saved on energy costs over the lifetime of the product – as compared with noncertified products – and by offering rebates that reduce the initial expense.

    Another problem involves what economists call “split incentives.” A landlord might not want to pay a higher price up front for energy-efficient appliances if the tenants are the ones who will save money on the utility bills. And renters may not want to spend a lot of money on appliances or equipment in a place they do not own. Energy Star tries to bridge this divide by promoting whole-building certifications, which encourage landlords to invest in their buildings’ energy efficiency with the goal of making their properties more attractive to tenants.

    The countless varieties of refrigerators, dishwashers, air conditioners and other items on the market can also create confusion. Consumers who just look at manufacturers’ promotional material may find it very hard to determine which appliances truly deliver better energy efficiency. The Energy Star label makes this comparison easier: If the label is there, it is among the most efficient choices available.

    And consumers are often skeptical of manufacturers’ claims – especially when it comes to new technologies or environmental promises. Energy Star’s status as a program backed by the government, rather than a private company, gives it a level of independence and credibility that many other labels lack. People know the certification is based on science, not sales tactics.

    Lastly, Energy Star helps overcome the problem that many people are not aware of how much energy their appliances consume, or how those choices contribute to climate change. By connecting everyday products to larger environmental outcomes, Energy Star helps consumers understand the effects of their decisions, without needing to become energy experts.

    The program delivers real results

    Since its inception, more than 800,000 appliance models have earned Energy Star certification based on the criteria for their type of product.

    The same principles that make the label valuable for consumer appliances – independent certification, clear metrics and a focus on results – have proved equally effective in real estate. Nearly 45,000 commercial buildings and industrial plants have earned certification. And there have been more than 2.5 million Energy Star-certified homes and apartments built in the U.S.

    In 2023 alone, over 190,000 new homes and apartments were certified, representing more than 12% of all new residential construction nationwide.

    Energy Star-certified homes are designed to be at least 10% more energy efficient than those built to standard building codes, with more insulation and windows and lights that are energy-efficient, as well as appliances. These enhancements can translate to better quality, comfort and long-term cost savings for homeowners.

    Commercial buildings, which account for about 18% of total U.S. energy use, have also benefited substantially. Research I was involved in found that certified commercial buildings use an average of 19% less energy than their noncertified counterparts.

    Computers can sleep, too – not just cats. Both types conserve energy.
    Markus Scholz/picture alliance via Getty Images

    Why government leadership matters

    Energy Star’s status as a government-led label contributes to its credibility as a more neutral and science-based source of information than commercial labels.

    Energy Star’s government connections also bring scale: By requiring federal purchases to have Energy Star certifications, the federal government can influence manufacturers. For example, a federal executive order in 1993 required government agencies to purchase only computers that had been Energy Star-certified, which required them to have energy-saving sleep functions.

    In response, manufacturers began including the feature so they could sell their products to the government. Consumers soon came to expect the sleep feature on all computers.

    A quiet success story in energy and climate

    Energy Star does not grab headlines. It does not rely on regulation or mandates. Yet it has quietly become one of the most effective tools the U.S. has for improving energy efficiency across homes, offices and public buildings.

    That said, the program is not without its limitations. Some critics have pointed out that not all certified products consistently perform at the highest efficiency levels. Other critics note that the benefits of Energy Star are more accessible to wealthier consumers who can afford up-front investments, even with available rebates. And the EPA itself has, at times, struggled to manage the certification process and update standards in line with the latest technological advances.

    At a time when energy costs and climate concerns are rising, Energy Star stands out as a rare example of a practical, nonpartisan program that delivers real benefits. It helps individuals, businesses and communities save money, lower emissions and take part in a more sustainable future – one smart decision at a time.

    Magali Delmas received funding from the US EPA in 2002 for research on Environmental Management Strategies and Corporate Performance.

    – ref. Energy Star, on the Trump administration’s target list, has a long history of helping consumers’ wallets and the planet – https://theconversation.com/energy-star-on-the-trump-administrations-target-list-has-a-long-history-of-helping-consumers-wallets-and-the-planet-258152

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  • MIL-OSI Submissions: Kenya’s peacebuilding efforts hold valuable lessons for the rest of the world, but gaps remain

    Source: The Conversation – Africa (2) – By Leonor Oliveira Toscano, PhD Candidate in Political Science, University of Oslo

    Kenya has been praised as a “model for the world” when it comes to peacebuilding efforts to manage outbreaks of violence within its borders. The country has systematically put in place a peacebuilding architecture rooted in a history of local peace initiatives. These date back to the early 1990s.

    Over this period, the Wajir Peace and Development Committee emerged in the country’s north-eastern region. The committee successfully addressed decades of inter-clan violence in Wajir, an arid county bordering Somalia. It also inspired the emergence of numerous local peace committees across the country.

    These committees have been set up in some other African countries – like Ghana, South Africa, Sierra Leone and Burundi – and continue to contribute informally to local peacebuilding in these states.



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    In Kenya, the committees became institutionalised after post-election violence in 2007-08 and a mediation process led by former UN secretary general Kofi Annan. They now form part of the national peacebuilding architecture.

    Violence triggered by the contested 2007 presidential election outcome resulted in the killing of more than 1,000 people. The mediation process led to a power-sharing agreement signed by the presidential contenders Mwai Kibaki and Raila Odinga.

    The country’s peacebuilding architecture is now supported by several policies and frameworks. These include the constitution of 2010. The system that’s been built has the capacity to connect a wide variety of peacebuilding actors – both state and non-state, formal and informal – at all levels of society. This helps resolve conflict and build resilience.

    The Kenyan government initiated a review of the peacebuilding architecture in 2023. It involved a lengthy consultation process and high levels of participation among Kenyans. The National Steering Committee on Peacebuilding and Conflict Management led the way, assisted by an independent panel of 13 peacebuilding experts.

    Released at the end of 2024, the review looked at the strengths and weaknesses of the architecture.

    It offers a vision for building a robust peacebuilding system, along with an actionable roadmap. One lesson is that Kenya can use the capacities and unique approaches of different peacebuilding actors. At the local level, peace committees showed that they made contributions to early warning systems and building confidence in communities.

    However, insufficient resources and a consistent focus on electoral violence prevent the system from addressing other drivers of conflict.

    The strengths

    Local peace committees, with membership typically drawn from ordinary citizens, religious groups or local civil society organisations, play a crucial role. They support dialogue around conflict issues. They promote trust and understanding, and can build a constructive environment for conflict resolution.

    Their information gathering feeds into the regional Intergovernmental Authority on Development’s Conflict Early Warning and Response System (CEWARN) to prevent election violence. Local peace committees have contributed to negotiating local disputes. They have also helped de-polarise ethnic identities and facilitated local peace agreements. One example was the Modogashe Declaration. It sets ground rules to solve conflict and local disputes over pasture, water access and cattle rustling.



    Read more:
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    We are researchers in Norway on a project focusing on civilian agency, local peace and resilience building. Our own interviews with committee members in Nakuru – a county greatly affected by the violence in 2007-08 – found that peace committee members continued to work together and share conflict-sensitive information with local stakeholders. These include administration officers and religious leaders, and covered periods during and after the 2022 elections.

    Further, local peace committees can offer women valuable opportunities for participation in conflict management. This contributes to their protection, for example from sexual violence.

    The weaknesses

    Despite these successes, Kenya’s peacebuilding architecture faces pressing challenges.

    First, local peace committees aren’t perfect. They can be manipulated by politicians seeking to build local support. They can also compete with traditional actors such as elders in conflict resolution.

    Kenya’s institutionalisation of local peacebuilding strengthened information flow across all levels. But it also threatens to undermine local peacebuilding agency and autonomy. Formalising local peace committees can spur an unhealthy monetisation of peacebuilding, with some members joining for financial gain. This threatens to erode the voluntary character of peacebuilding as a common good and undermine genuine priorities for peace.



    Read more:
    How women in Kenya mobilised for peace after surviving violence

    Second, elite-level politics in Kenya creates the persistent risk of electoral violence. This diverts attention and resources away from other long-standing causes of conflict. The drivers of violence in Kenya are varied and region specific. They include disputes over access to land, and marginalisation of ethnic and religious communities. Climate change threatens to worsen competition and conflict between pastoralists and farming communities.

    Our analysis of event data from Armed Conflict Location & Event Data shows that communal violence is the deadliest form of political violence in Kenya. For their part, fatalities related to election violence have decreased. This underscores the urgent need to consistently invest in prevention and local peacebuilding beyond narrow electoral periods.

    Fatalities in Kenya by type of armed violence: 2010-2023

    Electoral competition can escalate violence between pastoralists and farmers, but it’s the persistence of communal conflicts that represents a serious threat. Communal violence particularly affects Kenya’s arid and semi-arid areas in the Rift Valley, eastern and north-eastern regions.

    What next

    Our interviews with local peace committee members show that funding for their activities diminishes outside election years. This hampers their capacity to address conflict outside these periods.

    Yet research has shown that local peacebuilding can build social resilience against recurrent communal violence. Peacebuilding interventions grounded in local realities are also vital for countering insurgent violence. This is especially important as counterterrorism operations by state forces often trigger cycles of violence rather than resolving underlying issues.



    Read more:
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    Our research finds that Kenyans place significant trust in local peacebuilders, such as community leaders, elders and women. The review of the country’s peacebuilding architecture proposes a 40% quota for women, youth and people with disabilities in local peace committees.

    However, quotas alone may not be sufficient to address the political and cultural challenges that entrench inequality.

    Ultimately, political elites need to transform Kenya’s “win at all costs” politics. This way, the country’s mediators and peacebuilders can address the deep social and economic grievances that underpin cycles of violence.

    Leonor Toscano’s doctoral research is supported by the grant from the European Research Council’s Horizon 2020 Research and Innovation Program (852816; PI: Jana Krause). Leonor Toscano conducted interviews with LPC members in Kenya.

    Jana Krause received funding from the European Union’s Horizon 2020 Research and Innovation Programme under grant number 852816 (ResilienceBuilding).

    Marika Miner’s post-doctoral research is also supported by the grant from the European Research Council’s Horizon 2020 Research and Innovation Program (852816; PI: Jana Krause).

    – ref. Kenya’s peacebuilding efforts hold valuable lessons for the rest of the world, but gaps remain – https://theconversation.com/kenyas-peacebuilding-efforts-hold-valuable-lessons-for-the-rest-of-the-world-but-gaps-remain-257761

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  • MIL-OSI Submissions: China’s support for Mali’s military carries risks: researcher outlines what they are

    Source: The Conversation – Africa (2) – By Paa Kwesi Wolseley Prah, Postdoctoral Fellow, Dublin City University

    Mali, a landlocked Sahelian nation of 25 million people, has faced significant instability since 2012, marked by terrorism, state neglect and armed conflicts.

    That year a Tuareg rebellion started in northern Mali and President Amadou Toumani Touré was ousted in a military coup. Constitutional rule was suspended. Rebels in northern Mali went on to seize cities like Timbuktu, Gao and Kidal, declaring an independent Islamic State of Azawad and imposing sharia law.

    They also destroyed cultural heritage sites, including 14 of Timbuktu’s 16 Unesco-listed mausoleums. The crisis prompted international intervention, including a UN authorised mission, which retook northern cities within weeks. Islamist rebels retreated into civilian populations and remote areas.

    Despite these efforts, violence against civilians by extremist groups and community militias has continued. By 2023, 8.8 million Malians needed humanitarian assistance. Over 375,500 were internally displaced, primarily women and children.

    Meanwhile, the former French colony had turned to China for military assistance. Between 2012 and 2013, China provided €5 million (about US$5.8 million) in logistical equipment to improve the Malian army’s mobility.



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    In August 2013, the Chinese People’s Liberation Army gave the Malian army military supplies totalling 1.6 billion CFA francs (about US$2.8 million). China made similar donations between 2014 and 2023.

    I am an international security and global governance researcher. My recent research explored the impact of China’s security sector assistance on Mali’s fragility.

    China’s assistance to Mali aims to equip the country to address terrorism and insurgency. But I argue that it may have unintended consequences and cause further damage to the country.

    The heavy reliance on Chinese supply exposes Mali to vulnerabilities, including supply disruptions, diminished bargaining power, and limited strategic flexibility. This could destabilise security even more should China face manufacturing issues or supply chain disruptions leading to delays or shortages in the production of weapons.

    It also raises concerns about the potential influence of China on Mali’s defence policies and decision-making processes. In turn this could entrench the Malian military government’s position. China takes a hands-off approach to the governance structures of the countries it engages with. Hopes of democratisation in the country could be affected.



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    Rich in resources

    Mali has significant natural resources, including 800 tons of gold reserves (it’s Africa’s fourth-largest producer), iron ore, manganese, lithium, and potential uranium and hydrocarbon deposits.

    In 2019, gold production generated US$734 million, or 9.7% of Mali’s GDP, supporting over 10% of the population.

    Chinese firms, such as Ganfeng Lithium and China National Nuclear Corporation, have invested heavily in Mali’s mining sector. They are involved in a US$130 million lithium project and uranium exploration in the Kidal and Falea regions.

    Despite security risks, including attacks on Chinese personnel in 2015 and 2021, China remains committed due to Mali’s resource potential.

    Beyond mining, China has invested in Mali’s infrastructure. A US$2.7 billion railway modernisation project connects Bamako to Dakar, facilitating resource exports like iron ore and bauxite.

    The total of Mali’s external debt to China is not explicitly stated. But the 2014 loan agreement of US$11 billion and the 2016 loan of US$2.7 billion alone suggest Mali’s debt to China could be at least US$13 billion. This is without including loans for projects like the Bamako-Ségou expressway, and bridges in Bamako.

    This has often been criticised as “debt trap diplomacy”, increasing recipient countries’ dependence on Beijing. In Mali, I believe this risks entrenching economic vulnerability and giving China geopolitical leverage.



    Read more:
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    China’s security sector assistance to Mali

    Historically, Mali relied on France. More recently, it’s used Russia’s expeditionary corps, formerly known as Wagner Group, for security support.

    In 2011, China provided US$11.4 million in grants, US$8.1 million in zero-interest loans, and a US$100.8 million concessional loan to foster bilateral cooperation.

    China’s participation in the United Nations Multidimensional Integrated Stabilisation Mission in Mali, starting in 2013 with 395 personnel, marked a shift in its security engagement.

    Chinese peacekeepers, including engineers, medical personnel and security guards, repaired infrastructure, provided medical aid and supported Mali’s 2013 elections.

    Their professionalism earned praise from the UN special envoy Albert Gerard Koenders for helping to ensure a smooth election.

    China’s involvement in Mali challenged traditional European approaches to peacekeeping, particularly France’s military-heavy strategy.



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    How China’s assistance contributes to Mali’s fragility

    In spite of the positives, China’s security sector assistance contributes to Mali’s fragility in several ways.

    First, its no-strings-attached nature allows Mali’s military junta to consolidate power without making democratic or governance reforms.

    This lack of accountability enables corrupt military factions to operate unchecked. Governance weaknesses and authoritarianism can continue.

    Second, the heavy reliance on Chinese supply raises concerns about the potential influence of China on Mali’s defence decisions.

    This over-reliance on military solutions risks escalating conflicts and could lead to human rights abuses by security forces, as seen in increased violence against civilians. It doesn’t address root causes of conflict like social cohesion or local governance.

    Third, Mali’s growing dependence on Chinese aid — both military and economic — makes it vulnerable to disruptions from geopolitical tensions, supply chain issues, or changes in China’s foreign policy. This limits Mali’s ability to diversify its military capabilities or respond to evolving threats.

    Finally, China’s infrastructure investments, such as the US$1.48 billion (750 billion CFA francs) Bamako-Dakar railway loan, creates “debt trap diplomacy”.

    This pattern deepens economic dependence and reduces policy autonomy, further weakening state resilience.



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    The way forward

    To mitigate the risks of Chinese security sector assistance and promote sustainable stability, Mali must adopt a multifaceted strategy.

    First, it should collaborate with China to align security sector assistance with civilian-led security approaches.

    Second, Mali should diversify security and economic partnerships with donors like the US, the UK, and the EU.

    Third, transparent guidelines, developed through consultation with stakeholders, should assess the impacts of assistance to avoid deepening dependence.

    Fourth, engaging civil society and publishing regular reports on security sector assistance use and outcomes will foster public trust.

    Finally, promoting regional economic integration and ties with global powers will bolster Mali’s economic resilience.

    Paa Kwesi Wolseley Prah does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. China’s support for Mali’s military carries risks: researcher outlines what they are – https://theconversation.com/chinas-support-for-malis-military-carries-risks-researcher-outlines-what-they-are-257738

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