Cars.com’s Best Value of 2021 Award Winner, the Hyundai Venue, Gives Car Shoppers Performance and Tech Under $20,000

CHICAGO, Feb. 18, 2021 /PRNewswire/ — Leading automotive digital marketplace and solutions provider Cars.com (NYSE: CARS) names the 2021 Hyundai Venue its inaugural Best Value of 2021 winner, an all-new award category in the company’s annual <a target="_blank"…

CHICAGO, Feb. 18, 2021 /PRNewswire/ — Leading automotive digital marketplace and solutions provider Cars.com (NYSE: CARS) names the 2021 Hyundai Venue its inaugural Best Value of 2021 winner, an all-new award category in the company’s annual Best Of awards program. The new award helps consumers find a value vehicle without sacrificing quality and performance. The Venue’s overall affordability, combined with its fuel efficiency and variety of safety and technology features, cemented it as Cars.com’s Best Value of 2021 award winner for car shoppers.

The Venue won’t be the year’s only big winner; Cars.com is giving away a FREE 2021 Hyundai Venue SEL to one lucky car shopper who enters to win at www.bestcarssweepsbycars.com today through April 30. The winner will be announced in May.2 

«With new-car prices reaching over $40,000, some car buyers may feel priced out of the market, but that’s not true — new cars are not out of reach,» said Jenni Newman, Cars.com editor-in-chief. «New cars, like the Hyundai Venue, are priced at or below some used cars, deliver more long-term value and offer a bevy of features that are extra-cost options on more expensive vehicles. Shoppers who are flexible and resourceful can find a great value if they think — and research — more broadly using the tools on Cars.com.»

The auto industry has seen formidable consumer demand over the last several months, despite strains on inventory. Average new-car prices are up 5% and used-car prices are up approximately 10% year-over-year, averaging $22,600 in January.1

The Venue’s lineup of tech and safety features ultimately set it apart — all for a suggested starting price of $19,935. Even if shoppers go for a fully loaded Venue, the result is still a sub-$25,000 SUV. Base features include:

  • 8-inch touchscreen with Apple CarPlay and Android Auto
  • Forward automatic emergency braking with pedestrian detection
  • Lane keep assist
  • Up to three years/36,000 miles of free maintenance
  • Lengthy warranties of five years/60,000 miles for bumper-to-bumper and 10 years/100,000 miles for powertrain

Newman added, «The Hyundai Venue is packed with must-have tech, critical safety features and a standout warranty, all for less than $20,000. That’s what makes it the winner of our inaugural Best Value award.»

Award Methodology

Cars.com experts chose the Best Value of 2021 winner based on the average price listed, features, warranties and overall performance for the cost.

Cars.com’s Best Of awards program includes six different categories: Best Value of 2021, Family Car of the Year, Luxury Car of the Year, Eco-Friendly Car of the Year (announced in April) and the two highest honors, Best Pickup Truck of 2021 and Best of 2021 (announced in March).

To find out more about the Hyundai Venue, why it’s named Cars.com’s Best Value of 2021 and other 2021 award winners, visit Cars.com/awards.

1 Cars.com internal data, January 2021
2 NO PURCHASE NECESSARY. LEGAL RESIDENTS OF THE 50 UNITED STATES (D.C.), 18 YEARS OR OLDER. VOID WHERE PROHIBITED. Sweepstakes ends 4/30/20. ARV of Grand Prize: $24,800. For Official Rules, prize description and odds disclosure, visit BestCarSweepsByCars.com. Sponsor: Cars.com LLC. Allow 8-10 weeks for delivery of Grand Prize.

ABOUT CARS.COM
CARS is a leading digital marketplace and solutions provider for the automotive industry that connects car shoppers with sellers. Launched in 1998 with the flagship marketplace site Cars.com and headquartered in Chicago, the Company empowers shoppers with the data, resources and digital tools needed to make informed buying decisions and seamlessly connect with automotive retailers. In a rapidly changing market, CARS enables dealerships and OEMs with innovative technical solutions and data-driven intelligence to better reach and influence ready-to-buy shoppers, increase inventory turn and gain market share.

In addition to Cars.com, CARS brands include Dealer Inspire, a technology provider building solutions that future-proof dealerships with more efficient operations and connected digital experiences; FUEL, which gives dealers and OEMs the opportunity to harness the untapped power of digital video by leveraging Cars.com’s pure audience of in-market car shoppers, and DealerRater, a leading car dealer review and reputation management platform.

The full suite of CARS brands include Cars.com™, Dealer Inspire®, FUEL™, DealerRater®, Auto.com™, PickupTrucks.com™ and NewCars.com®. For more information, visit www.Cars.com.

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SOURCE Cars.com Inc.

Wequassett Resort And Golf Club Adds twenty-eight Atlantic To Its Five-Star Legacy In Forbes Travel Guide’s 2021 Star Awards

CHATHAM, Mass., Feb. 17, 2021 /PRNewswire/ — Forbes Travel Guide («FTG»), the only global rating system for luxury hotels, restaurants, and spas, today announced its 2021 Annual Star awards. Wequassett Resort and Golf Club’s signature restaurant, twenty-eight Atlantic, was awarded the esteemed Five-Star rating. The Resort has also proudly held the Five-Star distinction for six consecutive years.

CHATHAM, Mass., Feb. 17, 2021 /PRNewswire/ — Forbes Travel Guide («FTG»), the only global rating system for luxury hotels, restaurants, and spas, today announced its 2021 Annual Star awards. Wequassett Resort and Golf Club’s signature restaurant, twenty-eight Atlantic, was awarded the esteemed Five-Star rating. The Resort has also proudly held the Five-Star distinction for six consecutive years.

Wequassett Resort and Golf Club adds twenty-eight Atlantic to its five- star legacy.

A Cape Cod tradition for generations, Wequassett is an exquisite hideaway spanning 27 pristine waterfront acres surrounded by lush gardens overlooking tranquil Pleasant Bay and the Atlantic beyond. Accommodations are housed in 27 buildings of Cape Cod-style architecture and include 120 luxurious guest rooms and suites reminiscent of comfortable seaside residences. Amenities include two magnificent pools, two private beaches, four tennis courts, five diverse restaurants, boating and sailing, children’s programming, and championship golf at the prestigious Cape Cod National Golf Club.

The resort’s signature restaurant, twenty-eight Atlantic, housed in an 18th century sea captain’s home overlooking Pleasant Bay is one of the most stunning settings in New England. The décor of the restaurant incorporates many fine features such as an exposed wine rack, beautiful fireplace, rich wood paneling, period lighting fixtures and marine art. Noted Executive Chef, James Hackney, helms the kitchen and relishes the region’s fresh native seafood and indigenous ingredients from artisanal farms. Chef Hackney is passionate about creating exquisite seasonal tasting menus with superb wine pairings.

«We are thrilled that twenty-eight Atlantic has been added to the coveted Five-Star status and very honored that the Resort has been recognized as Five-Star since 2016, a gratifying accomplishment for our talented and devoted staff. Our quest to elevate twenty-eight Atlantic’s rating has been truly embraced by our entire team and I am so grateful for this distinction, particularly during such a challenging time,» said Mark Novota, Managing Partner of Wequassett Resort and Golf Club.

Forbes Travel Guide is the world-renowned expert in genuine Five-Star service, and Wequassett’s signature restaurant, twenty-eight Atlantic is the latest addition to its illustrious annual Star Rating list. Properties were inspected prior to the pandemic and when regional restrictions allowed for the safe return of guests.

«We are delighted to have twenty-eight Atlantic as the sole addition to our list of Five-Star restaurants for 2021. Wequassett Resort and Golf Club offers some of the most dedicated and passionate leaders and staff in the industry, having already achieved a Five-Star rating for the hotel for the past six years. Both awards are notoriously difficult to achieve, and the restaurant honor, in particular, not only looks at service and facility but also the culinary expertise demonstrated by the chef and his brigade. Wequassett is one of just six hotels in the world to boast a Five-Star hotel and restaurant and the only one in the beautiful Cape Cod region with that title. We send our congratulations to the entire team on this significant achievement and wish everyone a successful 2021 summer season ahead,» said Filip Boyen, Chief Executive Officer of Forbes Travel Guide.

To view the new Star Award winners, visit ForbesTravelGuide.com.

For a detailed explanation of how Forbes Travel Guide compiles its Star Ratings, click here.

####

Connect with Wequassett Resort and Golf Club:

Instagram:  www.instagram.com/wequassett
Facebook:  www.facebook.com/wequassett

About Wequassett Resort and Golf Club
Wequassett Resort and Golf Club is distinguished as the only hotel on Cape Cod and the Islands to have earned Forbes Five-Star status for both the resort and its signature restaurant, twenty-eight Atlantic. The property is also a member of Preferred Hotels & Resorts’ esteemed Legend Collection. Located in Chatham, Massachusetts, the resort is set on 27 secluded acres overlooking beautiful Pleasant Bay and offers 120 luxurious guest rooms and suites. Five restaurants feature diverse dining experiences from elegant to beach side casual, all with spectacular water views. Executive Chef, James Hackney, serves a sophisticated menu of iconic New England creations in the Five Star, twenty-eight Atlantic, while The Outer Bar & Grille is a perennial destination for casual coastal cuisine.  Recreational amenities abound and include, private beaches and pools, tennis, boating and sailing, and golf at the esteemed Cape Cod National Golf Club. The Children’s Center offers innovative, educational, and whimsical programming encouraging younger guests to explore one of the country’s most imaginative playgrounds. The resort features over 30,000 square feet of indoor and outdoor event space creating a dramatic backdrop for weddings, social gatherings, and conferences. The resort has been consistently recognized by Travel + Leisure and Conde Nast Traveler since 2015. For more information, please visit, www.wequassett.com.

Connect with Forbes Travel Guide:

Instagram:  www.instagram.com/ForbesTravelGuide
Twitter:  www.twitter.com/ForbesInspector
Facebook:  www.facebook.com/ForbesTravelGuide

About Forbes Travel Guide
Forbes Travel Guide is the only global rating system for luxury hotels, restaurants, and spas. Our anonymous professional inspectors evaluate based on up to 900 objective standards, with an emphasis on exceptional service, to help discerning travelers select the world’s best luxury experiences. The only way to get a Five-Star, Four-Star or Recommended rating is by earning it through our independent inspection process. For more information about Forbes Travel Guide, please visit Forbes TravelGuide.com.

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SOURCE Wequassett Resort and Golf Club

The Ryder Hotel Opening Spring 2021 in the Heart of Charleston’s Historic District

CHARLESTON, S.C., Feb. 18, 2021 /PRNewswire-PRWeb/ —  High Street Real Estate Partners, WHI Real Estate Partners, and <a…

CHARLESTON, S.C., Feb. 18, 2021 /PRNewswire-PRWeb/ —  High Street Real Estate Partners, WHI Real Estate Partners, and Pivot are pleased to announce the Spring 2021 opening of The Ryder Hotel. Situated in the heart of Charleston’s famed Historic District, the highly anticipated boutique hotel imagined by Cortney Bishop Design brings new, upscale hospitality to the Lowcountry with 91 thoughtfully designed guestrooms and suites. The Ryder features food and beverage experiences exclusively by Gin & Luck, the hospitality company behind Death & Co, along with an intimate indoor lounge adjacent to the vibrant pool deck and courtyard terrace. The lobby offers a grab-and-go café and retail area with towels, totes, and other sundries.

«The Ryder is poised to be the city’s newest social hub for visitors and locals alike,» said Ryan Rauscher, general manager of The Ryder. «Charleston is one of the most beloved travel destinations with such a rich history, incredible dining, and charming inns. At The Ryder, we wanted to create something different and new that genuinely adds to the city’s appeal. With the collaborative vision of our acclaimed design and culinary partners, we’ve done just that.»

Design and Décor
In collaboration with award-winning Charleston-based firms Cortney Bishop Design and Goff D’Antonio Associates, The Ryder draws inspiration from the destination’s relaxed, but vibrant energy and proximity to the coast. With an eased yet sophisticated style, the hotel’s design incorporates artisanal details, including earthy red tones and environmental hues with light stained wood throughout, accented by hand-crafted furniture mixed with modern décor and vintage finds. The warm color palette is brought to life by a flooding of natural light, creating an open, airy lofted lobby with a laid-back bohemian aesthetic.

Guestrooms and Suites
Accommodations at The Ryder carry on the hotel’s fresh, playful energy and nod to bohemian flare. New Breed Furniture, longtime furniture craftsman and collaborator to Cortney Bishop, assisted with the ideation of custom furnishings for the guestrooms and suites—from the headboard and armoire to the nightstands and desks. Artwork from coastal artists Ron Royals and Katie Gong accent the walls, two makers who draw inspiration from the east and west coast, while guestrooms feature ceramic tumblers commissioned from a Charleston-born, west coast artisan. Select guestrooms and suites feature floor-to-ceiling windows with sweeping views of the city’s historic quarters, while others offer French doors that lead to covered balconies overlooking the pool deck and courtyard below. Signature Malin & Goetz bath amenities are complemented by plush robes and slippers. Accommodations also feature a curated selection of snacks and refreshments.

The Ryder’s premier Hospitality Suite spans 1,045 square feet with an expansive living area, powder room, kitchenette, and private balcony—perfect for entertaining and creating memorable moments with friends and family. Providing the utmost comfort and relaxation after a day spent exploring Charleston, the suite is outfitted with a luxurious king bed connected to a spacious and modern bathroom complete with a glass shower and oversized soaking tub.

Culinary Concepts
True to Charleston’s reputation as a leading culinary destination, The Ryder offers distinct dining experiences helmed by Gin & Luck, the award-winning hospitality group behind the renowned cocktail institution, Death & Co. Guests are greeted in the lobby with a lively coffee bar and café, serving up barista-crafted beverages, signature daytime fare, and grab-and-go offerings. Following a wide staircase up to the mezzanine-level overlooking the vibrant space below, a cozy, vintage-inspired lounge awaits. Warm and inviting seating surrounding a large fireplace welcomes visitors for a leisurely breakfast, afternoon latte or kombucha, or pre-dinner cocktail.

The hotel’s main focal point and social hub is the second-floor courtyard and pool deck—an inviting space for guests and locals to relax with poolside loungers surrounded by lush landscaping. A large, tropical palm art piece by Headspace Murals is the centerpiece of the cozy courtyard, infusing warm and natural tones that are complemented by the surrounding greenery. Headspace Murals, a local Charleston company that specializes in placemaking, has selectively stamped the city with its modern, minimalist, large-scale murals. The calm and welcoming pool deck further extends into the indoor-outdoor bar and restaurant, Little Palm.

Drawing inspiration from the coastal leisure culture of St. Tropez, Little Palm is at once elegant and comfortable, an environment of escape, relaxation, and liveliness. The cocktail program is breezy and joyful, focusing on a blend of low-ABV, sessionable cocktails, and simple variations on classics with thoughtful tropical touches. The inventive offerings are designed to take guests from day to night seamlessly, and dishes center on fresh, seasonal ingredients prepared simply and honestly.

The hotel—alongside Charleston as a leading green travel destination—places a strong emphasis on eco-friendly elements throughout the guest experience, as well as a commitment to environmental conservation. With no single-use plastic water bottles on-site, the hotel offers various water refill stations for guests, as well as reusable stainless steel water bottles available for purchase.

Destination
An ideal home base for discovering Charleston and the surrounding Lowcountry, The Ryder invites guests to explore the history and charm of the region. Footsteps away from the storied streets of The Holy City, the hotel is conveniently located to renowned restaurants, museums, and markets, and offers guests unique experiences to embrace the destination’s soulful lifestyle in an unscripted, authentic way.

Welcome to the Ryder — Opening Offer
In celebration of The Ryder’s Spring debut, a special Welcome to The Ryder offer is now available for all reservations made through March 31, 2021. Guests will receive 30% off the hotel’s best available rate, with rooms starting at $195. The offer is valid on stays throughout 2021.

For more information on The Ryder Hotel, or to make a reservation, please visit http://www.theryderhotel.com. To connect via social media, follow @theryderhotel.

About The Ryder Hotel
The Ryder Hotel is located in the heart of the Historic District of Charleston, steps away from famed restaurants, museums, markets and less than a mile from the iconic Rainbow Row. The upscale boutique hotel features 91 guest rooms, including four suites; two spirited dining outlets helmed by award-wining culinary group Gin & Luck; an outdoor pool with sundeck and terrace; access to Pivotal Fitness, located adjacent to the hotel; unique retail experiences; and spacious meetings and event spaces. For more information, follow @theryderhotel or visit http://www.theryderhotel.com.

About Pivot
Pivot is the lifestyle operating vertical of Davidson Hospitality Group. With a deep-rooted passion for continuous innovation, Pivot offers exceptional service delivery, revenue generation, integrated marketing and financial responsibility. Constituted by some of the most accomplished leaders in lifestyle hospitality, Pivot caters to today’s independent, adventure-minded traveler through approachable design, locally-inspired food and beverage, intuitive, heartfelt service and authentic experiences at each of its properties. For more information, visit http://www.davidsonhospitality.com/pivot. Follow us on Instagram: @davidsonhotelsresorts and Twitter: @DavidsonHospGrp. Like us on Facebook: @DavidsonHospitalityGroup. Connect with us on LinkedIn: @DavidsonHospitalityGroup. #DavidsonHospitality

About Gin & Luck
Comprised of two core brands – Death & Co and Proprietors LLC – Gin & Luck is an award-winning hospitality group that creates cocktail anchored destinations and experiences across the US. When Death & Co first opened its doors in New York City 2006, the establishment and its extraordinary talent behind the bar were credited with changing the art of drink-making and ushering in a new era of cocktail culture. Since then, Death & Co has expanded to have locations in Denver, Los Angeles, authored two award-winning books, and received numerous industry awards. The company has thrived under the stewardship of its owners, who have applied their complementary skillsets to build the Death & Co brand into new markets and experiences. Alongside Death & Co, the group extends its acumen with bar consulting arm, Proprietors LLC. Since its inception in 2008, The Proprietors’ approach and services have always been with one goal in mind: to empower hospitality professionals to execute their vision with excellence. Led by of some the industry’s most respected professionals, Proprietors LLC has collectively assembled and continues to consult on and oversee some of the world’s best bars and beverage programs.

About Cortney Bishop Design
Cortney Bishop Design is a full-service interior design firm based in Charleston, SC. The studio was founded in 2010 with a simple vision to create spaces where people can truly feel at home. Cortney Bishop’s philosophy now spans across residential, commercial and creative projects, as well as product development through the design of custom furniture and Harwood House, a line of fabrics for Holland & Sherry. With a trained eye and a keen appreciation for craft, Cortney is admired for her ability to mix patterns and hues – executed with an effortless sense of southern cool. Under her leadership, the firm is known for balancing creativity, comfort and functionality. Cortney Bishop Design collaborates with homeowners, architects and contractors to produce custom residential builds, multi-family communities, retail and hospitality projects, tailor-made for each client. For more information visit http://www.cortneybishop.com and @cortneybishopdesign on Instagram.

About High Street Real Estate Partners
High Street Real Estate Partners is a privately held real-estate investment firm focused on developing and acquiring equity interests in hospitality and multi-family assets in highly rated markets. High Street’s principals have vast experience in the hospitality industry and are widely regarded as some of the most trusted minds in real estate. We rely on the extensive contacts and experience of our principals to identify opportunities and negotiate favorable acquisition terms while aligning ourselves with like-minded capital and experienced operators with proven track records of creating value throughout the market cycle. Assets that are developed or acquired by High Street are actively asset managed by us. Acquired assets may involve renovations, repositioning and/or brand re-flaggings to meet return objectives and maximize asset value.

About WHI Real Estate Partners
WHI Real Estate Partners L.P. («WHIREP») is a real estate investment firm focused on repositioning middle-market properties throughout the United States. WHIREP seeks to generate attractive risk-adjusted returns by taking a highly-proactive approach to investment sourcing and asset management. WHIREP manages a series of fully-discretionary investment funds whose investors include university endowments, foundations, health care systems, pension plans and family offices, among others. For more information, visit http://www.whirep.com.

Media Contact

Tatia Pacey, C&R, +1 310.664.8888, tatia@candrpr.com

 

SOURCE The Ryder Hotel

Earnhardt Hyundai Promotes Award-Winning 2021 Hyundai Elantra In Stock

AVONDALE, Ariz., Feb. 18, 2021 /PRNewswire-PRWeb/ — The 2021 North American Car of the Year is available now to Peoria and Avondale shoppers at Earnhardt Hyundai of Avondale. The 2021 Hyundai Elantra was named the winner in this year’s awards, making this the second time the sedan took home the title. With this award in its back pocket, the 2021 Elantra is in high demand in <span…

AVONDALE, Ariz., Feb. 18, 2021 /PRNewswire-PRWeb/ — The 2021 North American Car of the Year is available now to Peoria and Avondale shoppers at Earnhardt Hyundai of Avondale. The 2021 Hyundai Elantra was named the winner in this year’s awards, making this the second time the sedan took home the title. With this award in its back pocket, the 2021 Elantra is in high demand in Avondale and local shoppers are lucky enough to find plenty of new 2021 Hyundai Elantra models in stock at Earnhardt Hyundai of Avondale.

The four-door-coupe look of the 2021 Elantra has stolen the hearts of Peoria drivers and with a combined fuel economy rating of more than 50 MPG for the hybrid model variant, the list of reasons why this sedan earned the top 2021 North American Car of the Year award is seemingly endless.

The 2021 Hyundai Elantra offers segment-first wireless Apple CarPlay™ and Android Auto™, an available Digital Key, two available 10.25-inch multimedia screens, SmartSense safety and convenience technologies and more.

Earnhardt Hyundai of Avondale offers No Bull pricing, available savings and incentives and more. Prospective buyers can shop for a new Elantra from the dealership online or in person. No Bull Express brings the entire shopping experience online, allowing customers to shop from the safety and comfort of their home.

Anyone can view the entire lineup of new models at Earnhardt Hyundai of Avondale on the dealership’s website, earnhardthyundai.com. The dealership is located at 10401 W Papago Fwy in Avondale, AZ, and is open seven days a week. Members of the Earnhardt Hyundai of Avondale team can be reached by phone at 833-331-0148 to assist with specific inquiries or the online shopping experience.

Media Contact

Earnhardt Marketing, Earnhardt Hyundai of Avondale, 623-388-5800, press@earnhardt.com

 

SOURCE Earnhardt Hyundai of Avondale

TRISA Launches Travel Rule Testnet to Support Cryptocurrency Exchanges and Other VASPs in Continuing Operations Under Increasingly Strict Compliance Regimes

MENLO PARK, Calif., Feb. 18, 2021 /PRNewswire-PRWeb/ — The Travel Rule Information Sharing Alliance (TRISA.io) released its minimum viable product (MVP), a major upgrade to the open-source architecture enabling VASPs to test securely sharing the cryptocurrency transaction details required to meet the FATF…

MENLO PARK, Calif., Feb. 18, 2021 /PRNewswire-PRWeb/ — The Travel Rule Information Sharing Alliance (TRISA.io) released its minimum viable product (MVP), a major upgrade to the open-source architecture enabling VASPs to test securely sharing the cryptocurrency transaction details required to meet the FATF and FinCEN’s Travel Rule requirements.

The Financial Action Task Force (FATF) created Recommendation 16, what has been called the Travel Rule guideline, to guard against money laundering and other illegal actions using cryptocurrencies. The Travel Rule requires Virtual Asset Service Providers (VASPs), including exchanges, banks, OTC desks, hosted wallets and other financial institutions, to share certain identifying information about the recipient and receiver for cryptocurrency transactions over USD/EUR 1000 globally.

As a result, Hong Kong, Singapore, and Switzerland forbid exchanges to operate without licenses that enforce Travel Rule compliance, and Canada will require compliance by July 2021. In the US, the rule had been technically in place but seldom enforced; however, in October 2020, FinCEN proposed lowering the threshold for travel rule (Bank Secrecy Act (BSA) rule [31 CFR 103.33(g)]) information sharing and retention from $3,000 to $250 for all cross-border payments involving US financial institutions, including VASPs. Regardless of the threshold, this rule change will significantly impact exchanges, OTC desks, and kiosks by requiring travel rule compliance in the very near term. The proposed rule would define convertible virtual currency (CVC) as a medium of exchange and would explicitly apply the Travel Rule to domestic and cross-border transactions.

Read TRISA’s response to FinCENs proposed rule change here:
https://www.federalreserve.gov/SECRS/2021/January/20210122/R-1726/R-1726_112720_137415_464247058437_1.pdf

«These recent indications by various jurisdictions around the globe of impending Travel Rule enforcement underline the need for immediate compliance solutions and adoption on the part of VASPs.» expressed John Jefferies, Co-Chairman of TRISA. «TRISA’s open-source MVP and Testnet give VASPs an opportunity to validate the compliance solution safely with test data.»

Chief Compliance Officer at Paxful Lana Schwartzman conveyed, «Now more than ever with the potential changing regulations, it is important for the crypto industry to have open and interoperable solutions such as TRISA that support financial inclusion and enable VASPs of any size or geography to achieve travel rule compliance.»

Thomas Hardjono of MIT Connection Science & Engineering shared, «The launch of the TRISA Testnet represents a major milestone in the development of Trust Infrastructures to support VASPs in attaining compliance to the KYC/AML requirements in the emerging crypto-assets space. The TRISA model uses the standard X.509 certificate for VASPs, with Extended Validation (EV) fields that permit any recipient to quickly authenticate the VASP and to validate the legal status and business information of the VASP. A core component of TRISA is its VASP Directory that securely lists validated VASPs that permit users, regulators and other VASPs to search and locate VASPs at a global scale, proving a solution to the Sunrise problem.»

TRISA’s open-source MVP product provides an interoperability and communications framework to establish the identity of VASPs and enable them to securely share the sensitive information required of them to achieve Travel Rule compliance. The MVP architecture is composed of:

1. A VASP directory that allows for exchanges and other VASPs to verify the entity with which they are sharing personally identifiable information (PII)
2. An open-source framework for enabling secure messaging between VASPs
3. Robot VASPs that give users the ability to interact with the test MVP and send and receive transactions to see how this is done securely within a private sandbox

To test the TRISA MVP visit: https://github.com/trisacrypto/testnet

For media inquiries, please contact Kili Wall at (310) 260-7901 or Kili(at)MelrosePR(dot)com.

About TRISA
Travel Rule Information Sharing Alliance (TRISA) is an open-source framework to support VASPs in sharing sender and receiver information to comply with Travel Rule requirements without compromising privacy. By applying a proven Certificate Authority (CA) model, TRISA reliably identifies and verifies VASPs to enable interoperability and ensure Personally Identifiable Information (PII) stays private and not sent to the wrong entity. The peer-to-peer design eliminates a single point of failure and provides resilience against attacks and scales to accommodate extreme volumes. VASPs and financial institutions can immediately begin using TRISA to comply with the Financial Action Task Force (FATF) and Bank Secrecy Act (BSA) requirements as well as Travel Rule guidelines.

Media Contact

Kili Wall, Melrose PR, (310) 260-7901, kili@melrosepr.com

 

SOURCE TRISA

DATC Member Perspecta Labs Wins Award to Develop Cybersecurity Prototypes

TROY, Mich., Feb. 18, 2021 /PRNewswire-PRWeb/ — The U.S. Army awarded Defense Automotive Technologies Consortium (DATC) member Perspecta Labs, the innovative applied research arm of Perspecta Inc., a $952,346 award, to produce prototypes for ground vehicle platforms to increase cybersecurity capabilities and maximize system survivability and force protection.

With the Assurance and Verification of Vehicular Microelectronic Systems (AV2MS) project, the government…

TROY, Mich., Feb. 18, 2021 /PRNewswire-PRWeb/ — The U.S. Army awarded Defense Automotive Technologies Consortium (DATC) member Perspecta Labs, the innovative applied research arm of Perspecta Inc., a $952,346 award, to produce prototypes for ground vehicle platforms to increase cybersecurity capabilities and maximize system survivability and force protection.

With the Assurance and Verification of Vehicular Microelectronic Systems (AV2MS) project, the government is seeking a prototype to verify and validate operation of on-vehicle hardware, software and firmware without degrading the functionality of vehicular microelectronics. The AV2MS prototype will identify malicious and unintended compromise in hardware, software or firmware and present threat mitigation strategies that do not degrade the vehicle’s designed functionality in a powered-on state.

The prototype will be demonstrated on an existing military platform, with the intent of integration into a U.S. Army Next Generation Combat Vehicle (NGCV) platform.

«We are excited for our government customer and our member Perspecta Labs,» said Brandon Card, Executive Director at DATC. «Cybersecurity is a critical component for the Army’s modernization plans, so DATC is eager to provide leading cybersecurity solutions to support the warfighter.»

«Perspecta Labs is looking forward to providing an innovative, on-board cyber capability that works alongside existing supply chain security and post-manufacturing of vehicular microelectronics to secure mission-critical U.S. Army ground vehicle platforms,» says Petros Mouchtaris, president and general manager, Perspecta Labs. «We will leverage our expertise to develop, design, integrate, test, evaluate, document and deliver a novel cyber solution that meets demanding constraints in real-time operation and size, weight, power and cost.»

DATC enables connection of advanced automotive suppliers to the U.S. Army’s efforts to modernize its ground forces. DATC’s rich technology capabilities helped the government link to Perspecta Labs. The project, including options, has a 48-month timeline.

DATC currently has nearly 200 members, with 70% of these classified as non-traditional defense contractors. DATC members gain access to government projects and visibility of their capabilities to the government and among other members. A majority of DATC members have limited or no prior government procurement experience. They greatly benefit from a facilitator such as DATC, which streamlines the process and requirements for engaging the government.

About DATC
The Defense Automotive Technologies Consortium (DATC) is a unique public-private partnership created in 2016 to connect advanced automotive technology suppliers to government technology modernization efforts. DATC can address work from any government agency, including state governments, related to the core technology areas defined in its scope. DATC was created through SAE Industry Technologies Consortia (ITC) to support the Defense Arsenal Automotive (DA2) OTA sponsored by U.S. Army Combat Capabilities Development Command Ground Vehicle Systems Center; ‘automotive’ is broadly understood as self-propelled vehicles for land, air, sea or space. DATC’s eight core technology areas are: Automotive Cyber Security; Vehicle Safety; Vehicle Light Weighting; Autonomous Vehicles and Intelligent Systems; Connected Vehicles; Advanced Energy Storage; Propulsion; Active Suspension.

More information about DATC, including upcoming events and membership information, can be found at: https://datc.sae-itc.com.

SAE Industry Technologies Consortia (SAE ITC®) is an affiliate of SAE International. The SAE ITC team specializes in establishing and managing consortia by providing proven processes, tools and resources. ITC enables public, private, academic and government organizations to connect and collaborate in neutral, pre-competitive forums thus empowering the setting and implementation of strategic business improvements in highly engineered industries globally. (http://www.sae-itc.com)

About Perspecta Inc.
At Perspecta, we question, we seek and we solve. Perspecta brings a diverse set of capabilities to our U.S. government customers in defense, intelligence, civilian, health care and state and local markets. Our 280+ issued, licensed and pending patents are more than just pieces of paper, they tell the story of our innovation. With offerings in mission services, digital transformation and enterprise operations, our team of nearly 14,000 engineers, analysts, investigators and architects work tirelessly to not only execute the mission, but build and support the backbone that enables it. Perspecta was formed to take on big challenges. We are an engine for growth and success and we enable our customers to build a better nation. For more information about Perspecta, visit perspecta.com.

Disclaimer
Reference herein to any specific commercial company, product, process, or service by trade name, trademark, manufacturer, or otherwise, does not necessarily constitute or imply its endorsement, recommendation, or favoring by the United States Government or the Department of the Army (DoA). The opinions of the authors expressed herein do not necessarily state or reflect those of the United States Government or the DoA, and shall not be used for advertising or product endorsement purposes

Media Contact

Brandon Card, DATC, 7247727562, datcexecutivedirector@sae-itc.org

 

SOURCE DATC

Morningstar Reports U.S. Mutual Fund and Exchange-Traded Fund Flows for January 2021

CHICAGO, Feb. 18, 2021 /PRNewswire/ — Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. <a target="_blank"…

CHICAGO, Feb. 18, 2021 /PRNewswire/ — Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) flows for January 2021. For the month of January, long-term mutual funds and ETFs collected $95 billion. U.S. equity funds had outflows of $38 billion in January, with approximately $26 billion of that from actively managed funds and $12 billion from passively managed funds.

Morningstar’s report about U.S. fund flows for January 2021 is available here. Additional highlights from the report include:

  • Among U.S. category groups, taxable-bond funds dominated, with $79 billion of inflows in January and $459 billion of inflows over the trailing 12 months, the most by far for any group.
  • Investors continued to pour assets into intermediate core bond and intermediate core-plus bond funds, which each saw near-record inflows of more than $25 billion and $13 billion, respectively.
  • Municipal-bond funds saw a record of $15.9 billion of inflows, potentially in anticipation of increased federal support for cash-strapped municipalities.
  • Sector-equity funds took in $18 billion, their fourth-straight month of gains, powered by big flows into financial and clean-energy ETFs.
  • At the fund level, passive bond funds attracted the largest inflows in January. Vanguard Total Bond Market II Index topped the list with $6.9 billion of inflows. In addition, Ark Innovation ETF joined the top 10 for the second month in a row with $3 billion of inflows.
  • Equity funds dominated the list of funds with the biggest outflows, with SPDR S&P 500 ETF seeing nearly $12 billion of outflows. Other large funds, such as Vanguard Institutional Index and iShares Core S&P 500 ETF, posted multibillion-dollar outflows.
  • Vanguard led all fund families with $38 billion of long-term fund inflows during January, with its taxable-bond funds taking in the most among major categories with $27 billion. State Street Global Advisors had the month’s heaviest outflows at $5 billion.

To view the complete report, please click here.

The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed outside the scope of this press release; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The Company offers an extensive line of products and services for individual investors, financial advisors, asset managers, retirement plan providers and sponsors, and institutional investors in the debt and private capital markets. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately $215 billion in assets under advisement and management as of Sept. 30, 2020. The Company has operations in 29 countries. For more information, visit www.morningstar.com/company. Follow Morningstar on Twitter @MorningstarInc.

Morningstar’s Manager Research Group consists of various wholly owned subsidiaries of Morningstar, Inc. including, but not limited to, Morningstar Research Services LLC. This press release is for informational purposes only; references to securities or a separately managed account investment strategy in this press release should not be considered an offer or solicitation to buy or sell the securities or to invest in accordance with that strategy.

©2021 Morningstar, Inc. All Rights Reserved.

MORN-R

Media Contact:
Sarah Wirth, +1 312 244-7358 or sarah.wirth@morningstar.com

Morningstar logo (PRNewsFoto/Morningstar Research Inc.) (PRNewsfoto/Morningstar, Inc.)

 

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SOURCE Morningstar, Inc.

EPRI CEO: In Wake of Texas, Electric Grid Planning Expected to Change to Address Climate Risk

PALO ALTO, Calif., Feb. 18, 2021 /PRNewswire/ — This week, as more than 4 million Texas residents continue to experience the effects of an unusual and massive winter snowstorm marked by statewide power outages that have left them without light, heat and water, all eyes are on the electric sector.

<a…

PALO ALTO, Calif., Feb. 18, 2021 /PRNewswire/ — This week, as more than 4 million Texas residents continue to experience the effects of an unusual and massive winter snowstorm marked by statewide power outages that have left them without light, heat and water, all eyes are on the electric sector.

In a statement this week, EPRI President and CEO, Dr. Arshad Mansoor, said, «My heart goes out to the EPRI employees and millions of Texas residents and businesses struggling to keep their light, heat and water on during this massive winter storm, during a global pandemic. So much of our economy already rests on the electric sector, but as more of our economy becomes reliant on electricity, and our grid continues to integrate more low-carbon renewable resources, we must change the way we assess the reliability of our system.

«Right now, men and women from numerous utilities are working tirelessly to restore service throughout Texas and the Southwest. I applaud their dedication in responding efficiently and generously to increased weather events, which we no longer call an anomaly. But the realities of climate change are prompting some grid operators to look at system planning and generators in a new way, to evaluate plant extreme weather readiness.

«EPRI recently released a technical report about the impacts of extreme events on the grid. EPRI scientists and engineers concluded that grid operator planning processes, including resource adequacy planning, typically don’t consider extreme climate scenarios that a resilient grid must be able to handle going forward. Traditional planning processes do not represent how resources actually perform under extreme conditions.

«Also, our existing grid supply and delivery assets must be hardened for climate change scenarios regardless of generation—renewables and fossil fuels. Extreme weather events have adversely impacted all generation types, some more than others, relative to the output that was expected in the ERCOT resource adequacy planning. Finally, broader interconnection with other systems through new transmission will increase access to diverse resources and fuel supplies and is a critical piece of a resilient grid that accommodates more low-carbon resources.»

About EPRI
The Electric Power Research Institute, Inc. (EPRI, www.epri.com) conducts research and development relating to the generation, delivery and use of electricity for the benefit of the public. An independent, nonprofit organization, EPRI brings together its scientists and engineers as well as experts from academia and industry to help address challenges in electricity, including reliability, efficiency, affordability, health, safety and the environment. EPRI members represent 90% of the electricity generated and delivered in the United States with international participation extending to 40 countries. EPRI’s principal offices and laboratories are located in Palo Alto, Calif.; Charlotte, N.C.; Knoxville, Tenn.; Dallas, Texas; Lenox, Mass.; and Washington, D.C.

Contact:
Dipka Bhambhani
Director, External Relations & Communications
202.321.3337
dbhambhani@epri.com

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SOURCE Electric Power Research Institute

Mosaic Announces Long-Term Partnership with Freedom Forever

OAKLAND, Calif., Feb. 18, 2021 /PRNewswire/ — Mosaic, the leading financing platform for U.S. residential solar and energy-efficient home improvement projects, today announced a unique, multiple-year partnership with one of the fastest-growing residential solar power providers in the country, <a target="_blank"…

OAKLAND, Calif., Feb. 18, 2021 /PRNewswire/ — Mosaic, the leading financing platform for U.S. residential solar and energy-efficient home improvement projects, today announced a unique, multiple-year partnership with one of the fastest-growing residential solar power providers in the country, Freedom Forever.

This partnership marries Mosaic’s credit expertise and innovative technology with the most efficient solar sales and installation organization nationwide. As a result, Freedom Forever can now offer its customers the most attractive solar financing rates and boost the adoption of residential solar power.

«Lowering the cost of solar enables dealers to help more families make the switch to clean energy,» said Billy Parish, founder, and CEO of Mosaic. «This partnership will accelerate Freedom Forever’s already impressive growth by powering their robust sales organization with Mosaic’s industry-leading financing platform. As we align and enhance our companies’ technologies and operations, it will be faster and easier to offer more financing options to more people. It’s a win-win.»

Mosaic’s financing solutions make it possible for homeowners to invest in sustainable energy home improvement projects, such as generating and storing solar energy. Empowering providers such as Freedom Forever to offer the best financing broadens the residential reach of clean energy.

«We have become one of the fastest-growing residential solar providers because we are always looking for new ways to say ‘yes’ to solve climate change,» said Brett Bouchy, CEO of Freedom Forever. «What makes me so excited about this partnership with Mosaic is their innovative technology, years of proven financial performance, and high approval rates. The end result is a better sales process and industry-leading conversion rates for our authorized dealers. Mosaic, like Freedom Forever, is agile and responsive to the needs of their customers. Together, we will be able to offer solar to more people, in more states, beginning right now.»

About Mosaic

Mosaic makes financing solar, solar-plus energy storage systems, and other home improvements accessible and affordable for homeowners by providing the simplest borrower experience in the industry. Customers are referred by approved solar installers and home improvement contractors and can qualify instantly for no money down loans with fixed interest rates and multiple term options. For our network of hundreds of solar installers and home improvement contractors, Mosaic provides a streamlined financing platform to drive sales growth. Since 2012, Mosaic has helped more than 125,000 households go solar with its financing products. For more information, visit www.joinmosaic.com.

Financing applied for and processed through the Mosaic platform is originated by Solar Mosaic, Inc. or one of its lending/financing partners. All PowerSwitch ZERO and other Home Improvement Loans through the Mosaic platform are made by WebBank, Member FDIC, Equal Housing Lender. 

About Freedom Forever:

Freedom Forever and its family of companies focuses on residential solar installations that deliver best-in-class Engineering, Procurement, and Construction for its dealer network. Since 2011, Freedom Forever has enabled its dealer network to succeed with a premium offering and aggressive pricing flexibility. Freedom Forever’s 25-year production guarantee provides the ultimate peace-of-mind for homeowners reluctant to make a big investment when purchasing their solar systems. With Freedom Forever, homeowners know what they’re getting every time. For more information, please visit https://freedomforever.com.

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SOURCE Mosaic

Accor Announces First Mondrian Property to Open in Singapore in 2023

NEW YORK, Feb. 18, 2021 /PRNewswire/ — Accor, a world-leading hospitality group, today announced Singapore’s first Mondrian hotel will be built in the heart of the city’s prominent Duxton Hill neighborhood and is set to open in early 2023. The property is being developed by Craig Road Property Holdings. This news comes on the heels of Accor’s recent announcement regarding its planned venture with Ennismore, which will see the creation of one of the world’s…

NEW YORK, Feb. 18, 2021 /PRNewswire/ — Accor, a world-leading hospitality group, today announced Singapore’s first Mondrian hotel will be built in the heart of the city’s prominent Duxton Hill neighborhood and is set to open in early 2023. The property is being developed by Craig Road Property Holdings. This news comes on the heels of Accor’s recent announcement regarding its planned venture with Ennismore, which will see the creation of one of the world’s largest and fastest growing lifestyle and entertainment operators set to include Mondrian hotels.

Mondrian Singapore, a luxury lifestyle hotel comprised of 300 guestrooms and suites, a restaurant, a lounge and a rooftop bar will combine historic architecture from Singapore’s centuries-old shophouses with a new build of modern, contemporary influences.

Chadi Farhat, Chief Operating Officer of sbe said: «We are thrilled to bring the iconic Mondrian brand to Singapore’s Duxton Hill neighborhood. Mondrian is a natural fit for a global destination like Singapore. The property will provide a cultural hub of food and beverage experiences for locals and travelers alike. Mondrian Singapore will be more than a hotel; it will be a destination.»

Sun You Ning, Director, Craig Road Property Holdings said: «We are excited to debut the Mondrian brand in South East Asia and Singapore with our partner Accor. Mondrian Singapore will provide guests an opportunity to stay in the heart of Duxton Hill, a vibrant heritage conservation area surrounded by Michelin-starred eateries, award winning bars, and iconic retail stores – all within walking distance to the Central Business District.»

A collaboration between DP Architects and Studio Carter, Mondrian Singapore will feature a lower three-story building in a contemporary take on the famous Singapore ‘shophouse’ building typology. This portion of the hotel features a terracotta roof and colonial-style window shutters and will include the hotel’s premier guest accommodations in loft suites. The hotel will then be expanded with a new, contemporary tower housing the majority of the hotel’s guestrooms as well as a rooftop pool and bar and signature restaurant. The two buildings will be united by an urban oasis landscape deck to remind guests of their location, as Singapore is known as the «Garden City.» In addition to the rooftop pool, the hotel will also feature a speakeasy bar with a hidden entrance for travelers and locals to explore. sbe subsidiary Dakota Development, led by President Joe Faust, will provide design management services for the project.

Mondrian Singapore will be the first Mondrian hotel in Singapore, further expanding the brand’s luxury lifestyle experiences in South East Asia. The hotel’s location in the charming «day-to-night» Duxton Hill neighborhood of Singapore’s bustling Downtown Core District positions itself as a prime location for travelers looking to immerse themselves in local cultural explorations. Located 20 minutes from the iconic Changi Airport and within walking distance to the major business district, the property will be a draw for global travelers looking for close proximity to the major transportation hub.

Mondrian Singapore is one of the new Mondrian properties that Accor plans to open globally and will be one of the first to open in early 2023 in its next phase of expansion following Accor’s acquisition of sbe’s hotel brands.  It follows the company’s recent announcement of Mondrian Gold Coast opening in 2023 and the upcoming opening of Mondrian Shoreditch London in Q2 2021 and Mondrian Bordeaux and Mondrian Cannes in France in 2022.

The debut of the Mondrian brand to Singapore reflects the strategic expansion of the brand’s international footprint, which will include soon-to-be announced Mondrian properties in the Dominican Republic, Germany, the Maldives, Puerto Rico, Switzerland, Thailand, and Vietnam.

For information on Mondrian Singapore, please visit Mondriansingaporeduxton.com.

 

About Accor 
Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. The Group has been acquiring hospitality expertise for more than 50 years, resulting in an unrivalled portfolio of brands, from luxury to economy, supported by one of the most attractive loyalty programs in the world. Beyond accommodation, Accor enables new ways to live, work, and play, by blending food and beverage with nightlife, well-being, and co-working. It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. Accor is deeply committed to sustainable value creation and plays an active role in giving back to planet and community via its Planet 21 – Acting Here program and the Accor Solidarity endowment fund, which gives disadvantaged groups access to employment through professional training. Accor SA is publicly listed on the Euronext Paris Stock Exchange (ISIN code FR0000120404) and on the OTC Market (Ticker: ACRFY) in the United States. For more information visit accor.com, or become a fan and follow us on Twitter and Facebook.

About Craig Road Property Holdings
Craig Road Property Holdings Pte Ltd is an affiliate of Singapore-headquartered RGE Pte Ltd which manages a group of resource-based manufacturing companies with global operations.

 

Media Contact: 
X2PR
Laura Salerno
Laura@X2PR.com 

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SOURCE Mondrian