| Wachovia boosts small-business offerings
Wachovia Corp. is expanding its online product offerings to include electronic deposits and bad-check recovery. The Charlotte-based bank says the service will provide small businesses with cash-management services comparable to those available to most large businesses. With online deposits, small-business owners can scan paper checks from their desktops and electronically send the images to Wachovia for deposit. Wachovia says the Internet-based application eliminates the need for software installation. To qualify, customers must have been in business for at least one year and have a Wachovia deposit account. In addition, Wachovia (NYSE:WB) has hired Federal Automated Recovery Systems, a subsidiary of Infinity Business Group Inc., to manage the electronic re-presentment of checks that have been returned for insufficient funds.
South Africa: Foreign Funds Expected to Flow Into Country Coffers
UP TO $94bn of foreign inflows could flood into emerging markets in the next three years, with Africa attracting a decent portion of the cash, according to Steve Minnaar, head of equity research at Old Mutual Investment Group SA (Omigsa). If SA were to remain politically stable and economically healthy, the country could find itself a recipient of a fair slice of the money that is now roaming the globe in search of better returns than the US can offer. .
Meyer Pharmaceuticals Acquires NF-kappaB Decoy Technology For Treatment Of Inflammatory Disease
Meyer Pharmaceuticals LLC announced that it has obtained a license for a new drug technology for the treatment of inflammatory conditions such as arthritis and skin disease. The drug is a patented oligonucleotide (a small segment of DNA) that specifically blocks NF-kB, a transcription factor that activates pro-inflammatory genes. The technology is licensed from AnGes MG, Inc., a pharmaceutical company located in Osaka, Japan, and is currently in Phase II testing for the treatment of atopic dermatitis.
The agreement with AnGes gives Meyer Pharmaceuticals exclusive development and marketing rights for the NF-kB decoy in treating widespread diseases not adequately managed by current therapeutics. These include skin diseases like dermatitis, orthopedic diseases like arthritis, airway diseases like asthma, and inflammatory bowel disease.
State Farm agent expands with move
PRINCETON — Growing her small town business and providing the best insurance and financial services around is a priority for State Farm agent Lorita Hellman.With a new location and an expanded team, she hopes to better meet her client’s goals and objectives."The main thing I want to do is to have people, without a doubt, understand how very, very much we want to help them with their insurance and financial services, and in the right way," Hellman said."We want them to feel like they enjoy being here so very much that they don’t want to have their insurance anywhere else. That’s the kind of service we want to provide; that’s the ultimate goal," she added.As of Oct. 1 the business relocated to 324 N. Main St., to a newly-renovated Victorian building, that is more than 100 years old.With the move, Hellman expanded her business team to include her son, Adam Hellman, who will serve as an agency contact representative, and will greet clients, process payments and keep client information up to date.Also on the team are Susan Bastion and Barbara Kunst, both multiple line representatives, who have a combined 25 years experience, in addition to Lorita who also has 21 years of agency experience.They are both fully licensed in all lines of insurance with Bastion specializing in bank and commercial insurance, while Kunst specializes in health and life insurance."They are both also experts in property and casualty insurance on their auto and fire insurance line," Hellman said.With the move, Hellman said she would like to increase her clientele at a more rapid pace, with an emphasis on auto growth."We paid dividends last year; we lowered our rate; we’re extremely competitive right now," Hellman said.Hellman said she had her eye on the building, which had sat vacant for several years, and was ready to take the next step."I’ve always found this place to be extremely charming.
Mobile banking makes a return
Get ready for the latest must-have ability you didn't know you needed. After several years of failed spurts and starts in the United States, mobile banking — the ability to perform basic banking services from your cellphone — is about to make its debut . . . again. But this time, proponents, who insist they've learned from previous efforts, say it will stick. .
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