Acorn Group Leverages Clearspeed Voice Technology to Settle Insurance Claims Faster
Clearspeed, the global leader in voice-based risk assessment, today announced a partnership with Acorn Group, one of the UK’s leading non-standard providers of car, van, taxi and household insurance. The collaboration integrates Clearspeed’s proprietary voice technology into Acorn’s processes to give policyholders a path to fast-track their cases, allowing legitimate claimants to receive payments faster, prioritizing them over fraudsters.
Acorn has implemented Clearspeed’s solution across motor and household claims, including theft, fire, accidental damage, and other perils. The technology has delivered measurable results for customers: a significant reduction in settlement time, giving genuine claimants a path to expedited payment. Beyond customer benefits, the partnership has also yielded significant operational gains.
Building trust with customers through smarter, faster settlements
The Clearspeed solution seamlessly works within Acorn’s claims journey. When policyholders report a case, they respond to a short series of automated yes or no questions. Clearspeed’s proprietary voice technology analyses and scores the responses to identify the presence of vocal characteristics associated with fraud risk, allowing Acorn to effectively triage claims at scale. Where risk is low, individuals can be expedited through the process, freeing up Acorn resources to focus on the claims alerted as high risk.
James Fowle, Head of Group Fraud and Claims Strategy at Acorn Group said: “Rather than simply implementing new tools and technologies, we’ve redesigned our entire fraud ecosystem. This transformation, enabled by the integration of solutions like Clearspeed, is enhancing the protection of customers and delivering measurable results, including better claims outcomes, lower costs, and contributing to higher standards across the market.”
“Trust has become central to the conversation among insurers today—customers need to be assured that their insurer will act quickly when it matters most,” said Alex Martin, CEO of Clearspeed. “Innovation is the ‘how’ behind strengthening that trust by serving genuine customers without friction. Clearspeed serves the majority of the top 10 insurers in the UK, and partnerships like this demonstrate why leading insurers are choosing us to build customer confidence while protecting their business.”
The Acorn Group plans to further expand its work with Clearspeed, introducing new projects across additional perils and insurance lines to ensure more claimants benefit from streamlined settlements.
About Acorn Group
Acorn Group, via its brands – Acorn Insurance, Carrot, Motorcade, Flag, Rapid, Briefly, Street Cover – and Granite Underwriting with its network of 200 brokers, is one of the largest providers of non-standard insurance in the UK, with 500,000 live policy holders. The group has over 1,700 staff in Formby, Liverpool and London.
For more details about Acorn Group and its brands, visit www.theacorngroup.com
About Clearspeed
Founded in 2016, Clearspeed is the global leader in voice-based risk assessment. Its proprietary voice analytics technology identifies potential risk in speech using vocal characteristics universal to all humans—enabling faster, more confident decisions in high-stakes environments. Commercially, it helps insurers, financial institutions, and other enterprises assess risks like fraud and insider threats, unlock operational savings, and elevate the customer experience.
Headquartered in San Diego, Clearspeed is used in 37 countries and supports over 60 languages. The company has earned more than 30 industry awards, including CNBC’s World’s Top InsurTech Companies. Learn more at www.clearspeed.com.
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“Clearspeed serves the majority of the top 10 insurers in the UK, and partnerships like this demonstrate why leading insurers are choosing us to build customer confidence while protecting their business,” said Clearspeed CEO Alex Martin
Chemify Receives an Additional Grant to Accelerate Digital Chemistry Small-Molecule Discovery for Tuberculosis
Chemify, the deep-tech pioneer fusing chemistry, robotics, computation, and Chemputation—Chemify’s purpose-built AI to digitize molecule creation—has received additional grant funding of $1.6 million from the Gates Foundation to continue the discovery of small molecules for tuberculosis (TB). Building on a successful collaboration with Lgenia, the expanded project will leverage Chemify’s automated platform to design and synthesize new drug leads addressing one of the world’s most urgent infectious diseases.
This next phase builds on Chemify’s earlier Gates Foundation-funded collaboration, bringing the total funding to $3.2 million and successfully demonstrating the application of digital chemistry to accelerate small-molecule discovery. Insights from that initiative helped refine Chemify’s Chemputation workflows for compound design, chemical reaction planning and validation, strengthening the company’s ability to deliver high-quality candidates efficiently and at scale for therapeutic and disease applications.
“We’re honored that yet another collaborator has decided to renew their partnership with Chemify. Continued support from the Gates Foundation enables us to build on our work with Lgenia and push the boundaries of digital chemistry for global health to address tuberculosis,” said Lee Cronin, CEO and Founder, Chemify. “Chemputation lets us design small molecules directly from code which our AI-enabled digital chemistry platform ensures is makeable, turning chemistry into a programmable science where Chemify’s systems can create new therapeutics rapidly and reproducibly.”
Chemify’s Chemputation platform merges extensible programming language, advanced robotics and the world’s largest curated library of validated reactions, which empowers partners to move seamlessly from concept to compound. Chemify’s platform combines structure-activity relationship (SAR) exploration with data-driven molecular design, allowing collaborators to rapidly generate optimized compounds with strong potency and drug-like properties. The closed-loop workflow accelerates iteration and enhances design confidence to achieve high-quality hits and leads with exceptional speed and precision.
Under the expanded collaboration, Lgenia and Chemify will collaboratively define strategies for the design and optimization of new molecules. Chemify will then design and synthesize potential hits and leads through its Chemputation full digital chemistry workflow. Lgenia will orchestrate compound testing in enzyme and whole-cell assays. Together, the teams will identify and validate compounds against high-priority TB targets, advancing the most promising candidates toward hit-to-lead development.
About Chemify
Chemify is reimagining the discovery and synthesis of novel molecules for medicines and advanced materials by turning digital code into physical compounds through Chemputation—its fusion of robotics and AI. Headquartered in Glasgow, Scotland, the company was founded by Lee Cronin to digitalize chemistry at global scale for the benefit of humanity. Learn more at Chemify.io and follow @ChemifyX on X/Twitter.
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Tim Ingersoll
Linnden Communications
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Abstract
Chemify Receives an Additional Grant to Accelerate Digital Chemistry Small-Molecule Discovery for Tuberculosis
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“Yet another collaborator has decided to renew their partnership with Chemify. Chemputation lets us design small molecules directly from code which our AI-enabled digital chemistry platform ensures is makeable,” said Lee Cronin, CEO and Founder, Chemify.
Karat Launches NextGen Interviews: The First Human-Led, AI-Enabled Talent Evaluation Solution
Karat, the trusted standard for measuring talent quality, today announced the launch of Karat NextGen, the first human-led, AI-enabled talent evaluation solution to identify software engineers who will excel in the human + AI era.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251210685922/en/
According to Karat’s new 2025-2026 AI Workforce Transformation Report, the ROI of a strong engineer is expected to triple over the next three years thanks to advancements in AI. To capitalize on the growing productivity of human + AI engineering organizations, nearly 70% of engineering leaders plan to strengthen their AI capabilities through strategic hiring. Yet, almost two-thirds of companies still prohibit AI use in interviews, and less than 30% are updating assessments and training interviewers to identify AI-ready talent.
“Most companies are still hiring based on a pre-LLM rubric. In a world where people and AI work together, engineers need a wider range of skills, and the way we evaluate those skills needs to adapt,” said Jeffrey Spector, co-founder and president at Karat. “Karat NextGen reimagines the technical interview to mirror the way humans and AI work together, producing the strongest hiring signal and arming CTOs, CIOs, and VPs of Engineering with the data and benchmarks they need to make their most important talent decisions.”
Karat’s consistent and controlled dataset – drawn from over 600,000 interviews across industries – has helped global leaders like Atlassian, Duolingo, and PayPal define and measure engineering quality for more than a decade. Building on this depth of data and experience, Karat NextGen delivers a fully-managed talent evaluation solution for engineering executives that advances alongside AI to ensure they’re building teams with the skills required to meet the challenges of a rapidly evolving landscape.
Karat’s continuous development of fresh NextGen interview content is especially important in today’s era of rapid AI innovation.
“Frontier models are advancing so quickly that last month’s edge cases become this month’s baseline. This year, we’ve moved from autocomplete to agents that write and refactor entire libraries, and are increasingly seeing models explore entirely novel solutions to complex problems,” explained David Lau, VP of Engineering at OpenAI. “To ride this wave of AI momentum, organizations must continually re-evaluate how they empower great people with the latest models, and design their software, workflows, tools, and hiring processes to let humans and AI multiply each other’s impact.”
As software development evolves, getting interviewing right becomes far more complex. It’s not as simple as dropping AI into an IDE. Engineers need a realistic environment, questions AI can’t auto-solve, expert interviewers who can separate human skill from model output, and a structure to keep the process fair. Karat NextGen brings all of this together in a human + AI interview format where candidates tackle complex, multi-file projects with an integrated AI assistant while collaborating live with Karat’s expert Interview Engineers, who probe reasoning, trade-offs, and judgment in real time to reveal genuine engineering ability.
“AI is transforming engineering, but the real breakthroughs happen when human judgment and AI capabilities work together. What’s been missing is a way to measure that combination reliably,” added Sagnik Nandy, CTO at DocuSign. “A human-led, AI-native interview is exactly the kind of solution organizations need to understand who can truly excel in this new model of development.”
Karat NextGen is available today for enterprise and growth-stage engineering organizations worldwide.
- To request a NextGen demo, visit https://karat.com/nextgen/
- To download the 2025-2026 AI Workforce Transformation Report, visit https://karat.com/resource/AI-workforce-transformation
About Karat
Karat helps engineering leaders make their most important talent decisions. As the trusted standard in measuring talent quality, Karat provides a powerful Human + AI solution for companies like PayPal, Atlassian, and Citi who want to take control of how they hire top engineers, elevate their teams and contractors, and stay ahead. At the core of Karat’s solution are live interviews led by trained engineers, AI-native simulations designed to give leaders maximum visibility into real-world performance, and the most robust interview benchmarks in the world.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251210685922/en/
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Gordie Hanrahan
Sr. Director Communications
press@karat.com
Abstract
Karat launches NextGen, human-led AI interviews that mirror real engineering work so companies can identify and hire AI-ready software talent.
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“Karat NextGen reimagines the technical interview to mirror the way humans and AI work together, producing the strongest hiring signal and arming CXOs with the data and benchmarks they need to make their most important talent decisions.”
University of Toronto Press and Canadian Society for Civil Engineering Form Strategic Publishing Partnership
The University of Toronto Press (UTP), Canada’s largest university press and leading academic publisher, is pleased to announce a landmark partnership with the Canadian Society for Civil Engineering (CSCE) to publish the Society’s prestigious Conference Proceedings beginning in 2026.
This collaboration brings together two organizations committed to advancing knowledge and innovation. Through UTP’s distinguished publishing program, CSCE will deliver proceedings of the highest editorial quality, expand global reach, and amplify the impact of research and professional dialogue across the civil engineering community.
“Civil engineering shapes the world around us and enriches our daily lives in countless ways,” said Antonia Pop, Vice President, Publishing Division at UTP. “We are thrilled to begin our first partnership in this field by publishing the CSCE’s prestigious conference proceedings starting in 2026. With roots dating back to the 1880s, the Society has long advanced excellence within civil engineering, and we are honoured to support its ongoing work to improve the human condition and strengthen the communities we share.”
Jeff Rankin, CSCE President, added, “Partnering with UTP marks an exciting new chapter for the Society as we prepare for our 2026 Conferences in Vancouver and Quebec City. With the theme ‘Tradition to Innovation,’ our Annual Conference in Quebec City will highlight civil engineering’s ability to celebrate heritage while embracing cutting-edge solutions for today’s challenges. UTP’s expertise in academic publishing will help us amplify these conversations, broaden the reach of our proceedings, and ensure that knowledge shared at the conference continues to inspire and inform our profession worldwide.”
About the Canadian Society for Civil Engineering
The CSCE is a not-for-profit learned society created to develop and maintain high standards of civil engineering practice in Canada and to enhance the public image of the civil engineering profession. CSCE was established in 1887, making it one of the longest running professional associations in Canada. The Society has local sections across Canada that provide regular technical programs, supplemented with special technical workshops and seminars of special interest to that community. CSCE is a leader in preserving historical civil engineering achievements in Canada. For more information, please visit https://csce.ca
About University of Toronto Press
The University of Toronto Press (UTP) is one of the largest university presses in North America, publishing landmark scholarship since 1901. UTP publishes over 80 journals in a variety of subject areas, including health and medicine, law, policy, linguistics, and humanities. Each year UTP releases over 250 new scholarly, course, and general interest books in print, ebook and audio formats. In addition, UTP manages the distribution for over 250 publishers and imprints in Canada, the US, and around the world, with warehouses in Toronto and Buffalo, New York. UTP also manages the University of Toronto Bookstores, with physical locations across the University’s three campuses and a global online community, serving over 97,500 students and 16,500 faculty. For more information, please visit https://utppublishing.com/
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Maya Ventresca
Digital Marketing and Publicity Manager, University of Toronto Press
mventresca@utorontopress.com
Slate Asset Management Announces Partner and Managing Director Promotions
Slate Asset Management (“Slate”), a global alternative investment platform focused on essential real estate and infrastructure, today announced three senior leadership promotions, effective January 1, 2026. Molly Mahoney has been elevated to Partner, and John Murray and Sayed M. Alaali have been promoted to Managing Directors.
“Molly, John, and Sayed have demonstrated outstanding dedication, skill, and leadership over the years and each has contributed meaningfully to Slate’s reputation as a proven investor and a trusted partner to leading global institutions,” said Brady Welch, Co-Founding Partner at Slate. “We are very pleased to welcome them to the highest ranks of our firm’s leadership.”
Blair Welch, Co-Founding Partner at Slate, added: “In a year of significant growth, these individuals have consistently delivered exceptional outcomes for Slate’s clients, partners, and communities. They are unwavering in their commitment to excellence, integrity, and teamwork, and we look forward to seeing their continued positive impact within our firm and the industry.”
Partners and Managing Directors:
- Molly Mahoney, Partner – Molly joined Slate in 2020 and has been instrumental in advancing Slate’s capital raising strategy. Her contributions have helped expand and diversify the firm’s investor base, establish capital partnerships in new global markets, and broaden Slate’s offerings to create new opportunities for investors. In addition to her leadership on the Investor Solutions team, Molly serves as Co-Head of Community at Slate, overseeing volunteerism and charitable giving, chairing Slate’s EmpoWRE network, and directing corporate sponsorships. She also serves as Co-Chair of the New York City chapter of Women in Real Estate (WIRE). Prior to joining Slate, Molly was a Managing Director on the Funds Advisory team at JLL and previously held various roles supporting investor coverage for alternative products and services at Bear Stearns, Houlihan Lokey, and Heller Advisory. Molly graduated from the University of Pennsylvania magna cum laude.
- John Murray, Managing Director – John joined Slate in 2020 and oversees all legal aspects of transaction execution and structuring for Slate’s global investments in addition to serving as a valued legal advisor to Slate’s management team on strategic business and operational matters. John is a highly accomplished lawyer and has played a pivotal role in large and complex transactions across various jurisdictions, managing Slate’s entry into three new markets in 2025. Prior to joining Slate, John was an Associate within the corporate group at McCarthy Tétrault LLP, specializing in mergers and acquisitions, fund formation, securities, and corporate finance. He holds a Bachelor of Commerce degree from the University of Guelph and law degrees (JD) from the University of Windsor and the University of Detroit Mercy.
- Sayed M. Alaali, Managing Director – Sayed is responsible for originating and executing Slate’s investments in Europe, along with Middle Eastern capital raising efforts. Since joining the firm in 2018, he has contributed significantly to the growth of Slate’s European platform. He plays a key role in the management of Slate’s expanding regional team in Europe, is the Portfolio Manager for Slate’s European open-ended core real estate fund, and oversees the expansion of new capital partnerships in the Middle Eastern market. Prior to Slate, Sayed spent six years on the North American real estate investments team at the Canada Pension Plan Investment Board. He holds a Bachelor of Science degree in Actuarial Science and Economics from the University of Toronto.
About Slate Asset Management
Slate Asset Management is a global investor and manager focused on essential real estate and infrastructure assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners across the real assets space. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more, and follow Slate Asset Management on LinkedIn, X (Twitter), and Instagram.
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Slate Asset Management
Karolina Kmiecik
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Kingswood Capital Management Enters Into a Definitive Agreement to Acquire Safran Passenger Innovations
Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) announced today that it has entered into a definitive agreement to acquire Safran Passenger Innovations (“SPI” or the “Company”) from Safran, an international high-tech company operating in the aviation, defense, and space markets. SPI is a leading global provider of in-flight entertainment and connectivity solutions for airlines and airplane manufacturers worldwide. Matt Smith will continue to serve as SPI’s CEO, and the entire SPI leadership team will remain in place. The transaction is expected to close early next year, subject to customary legal and regulatory requirements.
Headquartered in Brea, California, SPI created and designed an award-winning in-flight entertainment and connectivity platform known as RAVE, recognized for its intuitive design, reliability, and innovative approach. Kingswood’s acquisition of SPI is driven by a shared vision of positioning the company to deliver transformative, next-generation solutions that redefine industry standards while ensuring seamless business continuity and operational stability.
Matt Smith, CEO at Safran Passenger Innovations, said, “Our team has always been the driving force behind RAVE’s success, and this new chapter with Kingswood empowers us to take that success to the next level. Together, we are unlocking opportunities for accelerated growth, expansion, and investing in cutting-edge technologies that will redefine the in-flight experience. This partnership adds significant value to our company, enabling us to strengthen our capabilities while staying true to our company culture. I am confident that with the dedication of our people and the support of our new partners, we will shape a future that benefits our customers, employees, and stakeholders alike.”
Clayton Lechleiter, Principal at Kingswood, said, “We have conviction in Matt’s vision and believe firmly that with RAVE, he and his team have engineered a seamless platform that is the most reliable in market and results in the lowest total cost of ownership for many respected global airline customers. The products and services SPI has developed are key elements of both the passenger experience that travelers expect and the evolving marketing channels airlines are only beginning to monetize.”
Alex Wolf, Managing Partner and Founder of Kingswood, added, “We are elated that SPI and its RAVE platform are joining the growing Kingswood portfolio. This cross-border carve-out acquisition represents our second aerospace and defense investment at Kingswood. We saw this as an opportunity to partner with a great team with an exceptional, globally recognized product in a rapidly growing sector and are looking forward to working with Matt and the entire SPI team to support an exciting new phase of operations as a standalone company.”
Goodwin Procter LLP and Configure Partners advised Kingswood on the investment.
About Safran Passenger Innovations
Safran Passenger Innovations is the creator of RAVE and provides innovative in-flight entertainment and connectivity systems using the latest in consumer and avionics technology to provide best-in-class hardware, software, and services for a premium, connected flying experience.
About Kingswood Capital Management, LP
Kingswood Capital Management, LP partners with leading companies in the middle market which stand to benefit from its capital and extensive operating resources. Kingswood embraces complexity and believes it is well-positioned to support businesses at inflection points in their development to enhance value. Based in Los Angeles, Kingswood is a cohesive, entrepreneurial team with a long history of shared success developing “win-win” partnerships with its portfolio companies and management teams. For more information, please visit the Kingswood website at www.kingswood-capital.com.
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Shannon Powers
media@kingswood-capital.com
eClerx Recognized as a Major Contender in Everest Group’s Intelligent Process Automation PEAK Matrix® 2025
eClerx Services Ltd (ECLERX.NS), a leading productized services company, today announced that it has been named a Major Contender in Everest Group’s 2025 Intelligent Process Automation Platform (IPA) PEAK Matrix® Assessment. This recognition highlights the company’s rapid advancement in Agentic AI, driven by Roboworx Cogniflows, eClerx’s enterprise-grade agentic automation platform.
Everest Group’s PEAK Matrix® is a comprehensive framework that evaluates IPA solution providers across two main dimensions: market impact and vision, and capability. The evaluation covers factors such as market adoption, portfolio mix, value delivered to clients, as well as the flexibility and ease of deployment and integration of robotic solutions. This year’s assessment placed significant emphasis on AI-first, autonomous, and agentic automation capabilities, areas in which eClerx has shown strong momentum.
“It is an honor to be named as a Major Contender by Everest Group for our AI and RPA product suite,” said Sanjay Kukreja, Chief Technology Officer, eClerx. He added, “This acknowledgment reflects the transformative results our clients have achieved using our Agentic AI platforms, Roboworx Cogniflows, and reinforces our commitment to building the next generation of autonomous enterprise technology. As the AI landscape evolves, we remain focused on integrating cutting-edge innovations that expand scalability, intelligence, and efficiency for our clients.”
eClerx’s primary strength in the Agentic automation space lies in its closed-loop learning architecture, domain-rich datasets, and deep enterprise integration capabilities—allowing AI agents to perform complex tasks such as decisioning, exception handling, recommendations, and multi-step workflow execution. Its AI capabilities also include:
- Enterprise-ready Agentic AI through Roboworx Cogniflows: Roboworx Cogniflows enables enterprises to deploy autonomous digital agents that can understand unstructured data, reason through multi-step processes, trigger enterprise actions securely and learn from outcomes and improve autonomously. Cogniflows supports advanced use cases across banking, retail, communications, hi-tech, fashion and manufacturing that makes it a powerful foundation for scalable enterprise automation.
- Diverse AI and GenAI platforms across the eClerx ecosystem: eClerx’s growing portfolio of Agentic and Generative AI-enabled platforms, including Roboworx Cogniflows, enterprise agentic automation, Market360, AI-driven digital shelf analytics, and GenAI360, content intelligence, creative, compliance, document processing, and knowledge workflows. This diversity allows clients to mix task automation, AI assistants, research agents, and analytics capabilities into a unified transformation strategy.
- Strong governance: To ensure the upmost security and safety of client data and operations, eClerx follows Microsoft Responsible AI Standard v2, as well as industry data compliance standards, regularly testing each AI and automation platform for bias and tracking regulatory changes across the globe to promise a safe and compliant ecosystem. Earlier this year, eClerx became one of the first five global companies to achieve the ISO 42001:2023 certification for excellence in AI management systems.
- Flexible and innovative pricing models: Unlike many providers, eClerx offers highly customizable and transparent pricing for each of its IPA products, ensuring organizations only pay for the exact services they need, while also making it easy to scale support up or down when necessary.
Click here to learn more about eClerx’s digital transformation services and technology suite.
Disclaimer
Licensed extracts taken from Everest Group’s PEAK Matrix® Reports may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group’s PEAK Matrix® reports do not necessarily provide the full context of our research and analysis. All research and analysis conducted by Everest Group’s analysts and included in Everest Group’s PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports.
About eClerx
eClerx provides business process management, automation, and analytics services to a number of Fortune 500 enterprises, including some of the world’s leading financial services, communications, retail, fashion, media & entertainment, manufacturing, travel & leisure, and technology companies. eClerx is today traded on both the Bombay and National Stock Exchanges of India. The firm employs more than 21,000 people across 17 countries, serving clients across the Americas, APAC, and EMEA.
About Everest Group
Everest Group is a leading global research firm helping business leaders make confident decisions. Everest Group’s PEAK Matrix® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products and solutions within various market segments. Likewise, providers of these services, products, and solutions, look to the PEAK Matrix® to gauge and calibrate their offerings against others in the industry or market. Find further details and in-depth content at www.everestgrp.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251210592296/en/
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Prathibha Das
Head – Brand & Corporate Marketing
prathibha.das@eclerx.com
Aditya Modi
Head – Influencer Relations and Partnerships
aditya.modi@eclerx.com
Abstract
eClerx recognized as a Major Contender in Everest Group’s Intelligent Process Automation PEAK Matrix® 2025
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“This acknowledgment reflects the transformative results our clients have achieved using our Agentic AI platforms, Roboworx Cogniflows, and reinforces our commitment to building the next generation of autonomous enterprise technology.”
Castles Technology Strengthens Pacific Presence With New Melbourne Headquarters
Castles Technology, leader in Android payment acceptance solutions, today announced the opening of its new office in Melbourne. The office will serve as the company’s Pacific headquarters and reflects significant business growth across Australia and New Zealand, as well as rising demand for secure, flexible, and future ready Android based payment solutions.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251210265199/en/
The opening of the Melbourne office follows the company’s recent expansion in Mexico and reinforces Castles Technology’s strategy to establish strong regional hubs that bring the company closer to customers and partners around the world.
The new Melbourne headquarters provides a dedicated base for sales, technical support, partnerships, and business development across Australia, New Zealand, and the Pacific Islands. The office includes a product experience area showcasing Castles Technology’s latest payment terminals and has capacity to support future team expansion as the company continues to grow its presence in the region.
Jean Philippe Niedergang, Chief Commercial Officer and CEO for EMEA Pacific LATAM at Castles Technology, said: “Opening our Pacific headquarters in Melbourne represents an important milestone in our global expansion. Australia is one of the most advanced and fast moving payments markets in the world, and having a local hub allows us to support our customers with greater agility, innovation, and trust. This investment reinforces our long term commitment to the region and strengthens our ability to deliver secure, reliable, and future ready payment solutions.”
Jay Whitmore, Country Manager for Australia and New Zealand at Castles Technology, added: “Establishing a local headquarters allows us to support customers and partners more effectively across the Pacific. It gives us the ability to respond faster, collaborate more closely, and provide a dedicated space to showcase our technology. The growth we are seeing in Australia and New Zealand is significant, and this office will help us continue to meet the evolving needs of acquirers, fintechs, ISVs, and retailers.”
Castles Technology has more than 30 years of global payments experience, operates in over 150 countries, and has deployed millions of payment devices worldwide. The company is known for its secure, durable, and innovative Android and Linux based payment terminals and its partner led approach, built on values that include agility, trust, innovation, respect, and teamwork.
The Melbourne headquarters marks a significant step in Castles Technology’s continued expansion across the Pacific and reinforces its commitment to delivering exceptional service, local expertise, and trusted technology solutions to customers and partners throughout the region.
To learn more, visit: https://www.castlestech.com/.
About Castles Technology
Castles Technology is a global leader in payment acceptance solutions, providing cutting-edge terminals, innovative solutions, and exceptional services to empower the payment ecosystem. Castles Technology partners with over thousands of customers including banks, merchants, FinTech’s, acquirers, ISVs, and PSPs, deploying millions of POS terminals worldwide for retailers of all sizes.
As the foremost Android payment acceptance, Castles Technology offers secure, reliable, and seamless solutions with global and local reach. With over 30 years of experience, the company’s dedicated community of experts is committed to anticipating and shaping the future of commerce worldwide, while their powerful devices, secure payment solutions, and top-notch services ensure unparalleled quality and performance.
The company believes in the importance of innovation and sustainability and is committed to making a positive impact on the world through our products, services, and operations. Website: https://www.castlestech.com/.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251210265199/en/
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Scott Girling-Heathcote, SkyParlour for Castles Technology
scott@skyparlour.com
+44 (0)330 043 1315
Abstract
Castles Technology opens a new Melbourne headquarters to strengthen support and drive growth across the Pacific region.
Owlet Launches Owlet360™ in the UK and Ireland, Bringing Data-Driven Reassurance to More Families
Owlet, Inc. (“Owlet” or the “Company”) (NYSE: OWLT), the pioneer of smart infant monitoring, today announced the UK and Ireland launch of Owlet360™, a new subscription service designed to give parents a deeper, personalised understanding of their baby’s sleep and daily trends.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251210317029/en/
Built for families using medically-certified Dream Sock® and Dream Sight™ or Owlet Cam® 2, Owlet360 leverages Owlet’s unique infant dataset to deliver actionable insights and context, helping parents feel more confident in everyday decisions. The Company emphasises that live vital monitoring of pulse rate and oxygen level, and real-time notifications through the Owlet Dream App, remain free of charge, consistent with its mission to improve access to at-home infant care.
New parenthood is joyful – and relentlessly demanding. In the UK, sleep deprivation is a near-universal early-parent experience, with surveys showing around 59% of parents of babies under one reporting their baby sleeps less than four hours at a stretch, and many worrying their baby “should” be sleeping longer. Owlet360 aims to be a supportive companion, helping parents see how their baby’s sleep and daily patterns evolve over time and how those trends compare across Owlet’s broad population of babies.
“Owlet’s insights platform is grounded in one of the world’s largest real-world infant datasets from more than 2.5 million babies monitored,” said Jonathan Harris, Owlet’s President and CEO. “Globally, Owlet has tracked trillions of heartbeats, and these learnings now power personalised interpretations for our UK and Irish customer base. Owlet360 is the next step in our pediatric care ecosystem, turning trusted vitals and sleep data into personalised insights that help families feel supported day to day.”
Owlet360 extends the experience parents already know in the Owlet Dream App, providing:
- Deeper daily summaries and weekly trend views for sleep, pulse rate, oxygen, movement, and comfort temperature.
- Comparisons to Owlet’s vast infant dataset, helping parents understand what’s typical for their baby’s age.
- Sleep insights with weekly trend tracking and practical guidance as your baby’s patterns evolve or they go through key milestones.
- Room environment trends, including temperature and humidity over time.
- More video moments and notifications, letting families save and share clips when Baby is moving or crying is detected (for compatible Dream Sight users).
Owlet360 is already demonstrating meaningful adoption and value for families. Following the U.S. launch earlier this year, the service has grown rapidly to more than 90,000 subscribers, highlighting both its relevance in the parenting journey and the durability of Owlet’s recurring-revenue model.
Owlet360 is available now to Owlet Dream App users across the UK and Ireland, with a seven-day free trial for eligible new and existing customers. The service is currently offered via a monthly or yearly subscription, with additional platform expansions planned in the future. To learn more about Owlet and its product offerings, visit owletbabycare.co.uk.
About Owlet, Inc.
Owlet, Inc. (NYSE: OWLT), a leading pediatric health platform, is the only company in the world to offer U.S. FDA-cleared and internationally medically-certified wearable pediatric monitors, delivering hospital-grade technology directly in the home. Our award-winning pediatric products and innovative software combine clinically tested monitoring systems, an integrated video platform, and a simple, easy-to-use app, providing parents with real-time health insights to stay informed on their child’s well-being, support restful sleep, and provide peace of mind anywhere. Since 2012, more than 2.5 million parents have trusted Owlet to monitor their children’s well-being and sleep. This adoption has fueled one of the largest collections of pediatric health and sleep data in the world, powering innovations that bridge the critical gap between hospital and home. Owlet is driving a new standard in pediatric wellness by pairing advanced medical technology with consumer-friendly design. Our mission is simple yet ambitious: to give every baby and every family the best possible start in life. Learn more at www.owletcare.com and follow us on LinkedIn and Instagram for company news and updates.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the “Reform Act”). All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the Company’s launch of Owlet360 in the U.K. and Ireland and the anticipated impacts thereof; the Company’s expectations regarding product adoption, subscriber engagement, and growth trends relating to Owlet360 and its broader platform; the Company’s ability to expand availability of its products and services in additional markets; and the Company’s ability to enhance its technology, product ecosystem, and service offerings over time. In some cases, you can identify forward-looking statements by terms such as “estimate,” “may,” “believes,” “plans,” “expects,” “anticipates,” “intends,” “goal,” “potential,” “continues,” the negation thereof, or similar expressions, although not all forward-looking statements contain these identifying words. Forward-looking statements are based on the Company’s expectations at the time such statements are made, speak only as of the dates they are made, and are susceptible to a number of risks, uncertainties, and other factors. For all such forward-looking statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Reform Act. The Company’s actual results, performance or achievements may differ materially from any future results, performance or achievements expressed or implied by its forward-looking statements. Many important factors could affect the Company’s future results and cause those results to differ materially from those expressed in or implied by the Company’s forward-looking statements. Such factors include, but are not limited to: (i) the commercial success of Owlet’s products, including Owlet360, and the Company’s ability to support, scale and maintain its subscription services; (ii) the regulatory pathway for Owlet’s products, including submissions to, actions taken by and decisions and responses from regulators, such as the FDA and similar regulators outside of the United States, as well as Owlet’s ability to obtain and maintain regulatory approval or certification for its products and comply with ongoing regulatory requirements; (iii) the Company’s and its partners’ obligations relating to data privacy, security and the exchange and use of health information, and risks of cybersecurity incidents or changes in applicable standards or interpretations; (iv) the performance of, and Owlet’s ability to maintain and expand, its relationship with third-party technology, cloud, manufacturing and distribution partners; (v) Owlet’s competition and the Company’s ability to profitably grow and manage growth; (vi) the ability of Owlet to implement strategic initiatives, reduce costs, grow revenues, develop and launch new products, innovate and enhance existing products, meet customer demands and adapt to changes in consumer preferences and retail trends; (vii) Owlet’s ability to acquire, defend and protect its intellectual property and satisfy regulatory requirements concerning privacy and data protection; (viii) Owlet’s ability to maintain relationships with channel partners, customers, manufacturers and suppliers; (ix) impacts from compliance with applicable laws or regulations; (x) the impact of and disruption to Owlet’s business, financial condition, operations, supply chain and logistics due to economic and other conditions beyond the Company’s control; (xi) adverse impacts from other economic, business, regulatory, competitive or other factors, such as changes in discretionary consumer spending and consumer preferences; and (xii) other risks and uncertainties set forth in the Company’s other releases, public statements and filings with the U.S. Securities and Exchange Commission (“SEC”), including those identified in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and as any such factors may be updated from time to time in the Company’s other filings with the SEC. All such forward-looking statements attributable to the Company or any person acting on the Company’s behalf are expressly qualified in their entirety by the cautionary statements contained or referred to above. Moreover, the Company operates in an evolving environment. New risk factors and uncertainties may emerge from time to time, and factors that the Company currently deems immaterial may become material, and it is impossible for the Company to predict such events or how they may affect Owlet. Except as required by law, the Company assumes no obligation to update any forward-looking statements after the date of this press release, whether because of new information, future events or otherwise, although Owlet may do so from time to time. The Company does not endorse any projections regarding future performance that may be made by third parties.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251210317029/en/
Contact
Media Contact:
pr@owletcare.com
Investor Contact:
ir@owletcare.com
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Owlet today announced the UK and Ireland launch of Owlet360™, a new subscription service designed to give parents a deeper, personalized understanding of their baby’s sleep.
OCTO Revolutionizes Vehicle Safety with AI: Introducing the Proactive and Predictive Anti-Theft System
Anticipating a theft before it happens. This is the goal of OCTO’s new predictive anti-theft system, developed by the global leader in telematics and data analytics solutions for connected mobility.
The new technology combines artificial intelligence, machine learning, and advanced sensors to deliver real-time, personalized vehicle protection capable of recognizing risk signals before a theft event occurs.
Drawing on more than 22 years of experience and 610 billion kilometers of driving data, the system transforms the paradigm of vehicle security from reactive to proactive.
This approach enables prevention rather than mere response, increasing protection for both private vehicles and corporate fleets.
The main features include:
- Tampering detection: sensors identify attempts to access or remove the devices.
- Abnormal vehicle movement: the system detects vehicle dragging or lifting while the engine is off.
- Loss of connection between the devices installed on the vehicle: when one of the two devices is located and removed by a thief, communication with the second terminal is interrupted and an alert is promptly sent to our control center.
- Driver behavior analysis: an AI model identifies suspicious behavior compared to habitual driving patterns, analyzing driving style, typical routes, and timings.
- Geofencing: OCTO’s system maps all high-risk areas where thefts have historically occurred, as well as suspicious locations such as commercial ports or national borders, alerting the theft monitoring center whenever a vehicle approaches or enters these areas.
The combined and continuous analysis of these parameters makes it possible to dynamically calculate the theft risk level and automatically activate the most effective countermeasures. In case of an alert, the OCTO Operations Center uses the most advanced monitoring, localization, and real-time intervention tools.
Backed by many years of experience managing thousands of theft cases each year, OCTO ensures swift and targeted action, providing continuous support to customers and fleets.
About OCTO
For over 20 years, we have been developing integrated solutions that enable us to support our clients in seizing the opportunities offered by smart mobility and digital transformation. Thanks to an innovative approach based on Artificial Intelligence, we have developed advanced algorithms for accident detection, driving behavior analysis, claims management, and consumption optimization. These solutions allow us to meet the needs of key markets, such as insurance and mobility, with a strong focus on modularity and customization. Our scalable and modular data analytics platform delivers solutions for the Insurtech and mobility markets, helping partner companies transform the way they manage and grow their business.
A robust and purpose-driven ESG strategy ultimately guides our market proposition, focusing on the development of solutions that support the energy transition and data-driven urban planning.
OCTO has profiled 20 million drivers and holds the world’s largest telematics database, based on 610 billion kilometers of driving and over 13 million validated claims. octotelematics.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20251210636626/en/
Contact
OCTO Media
Adriana Zambon
Phone +39 339.3995640
press@octotelematics.com
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OCTO Revolutionizes Vehicle Safety with AI: Introducing the Proactive and Predictive Anti-Theft System
