Advertisement

Digital transformation and sustainability, how to balance both

digital transformation and sustainability, how to balance both

BEGIN ARTICLE PREVIEW:

We are living in a digital age. However, the planet on which we are living is not digital; it is physical and its resources are finite. As a result, any trade-off between digital transformation and sustainability must be counted with care, not just in terms of the value to business and society, but also the cost to the Earth.

In pre-pandemic times, digital transformation and sustainability often appeared together towards the top of the business agenda. However, recent research from Dassault Systèmes, conducted with analyst firm Tech-Clarity, found coronavirus caused 38 per cent of organisations globally to decrease attention on environmental sustainability, while 18 per cent put it on hold completely. The same survey found 46 per cent of organisations have increased their focus on digitalisation.

The trend is understandable, even beneficial, says Séverine Trouillet, global affairs director, EuroNorth, at Dassault Systèmes. “While this may look like businesses are neglecting the planet to focus on immediate priorities, going digital is a leap in the right direction,” she says. “By reducing reliance on travel and paper-based evidence, and increasing their ability to collaborate virtually, companies are effectively reducing their carbon footprint.”

Green data and a cleaner cloud

Any COVID-induced conflict of interest …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE

Lefteris Acquisition Corp. Announces Pricing of $200 Million Initial Public Offering

lefteris acquisition corp. announces pricing of $200 million initial public offering

BEGIN ARTICLE PREVIEW:

BOSTON, Oct. 20, 2020 /PRNewswire/ — Lefteris Acquisition Corp. (the “Company”) today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units are expected to be listed for trading on the Nasdaq Capital Market (“Nasdaq”) under the ticker symbol “LFTRU” beginning October 21, 2020. Each unit consists of one share of the Company’s Class A common stock and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Company expects that its Class A common stock and warrants will be listed on Nasdaq under the symbols ”LFTR” and ”LFTRW,” respectively.
The Company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Although the Company’s efforts to identify a prospective business combination opportunity will not be limited to a particular industry, it intends to focus on businesses in the financial technology sector (“FinTech”), with a particular emphasis on businesses providing technology for financial services (“WealthTech”), regulatory and compliance functions (“RegTech”), insurance services (” …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Lefteris Acquisition Corp. Announces Pricing of $200 Million Initial Public Offering”

Neobank Unifimoney selects Nium to provide international remittance capability

neobank unifimoney selects nium to provide international remittance capability

BEGIN ARTICLE PREVIEW:

SINGAPORE, Oct. 20, 2020 /PRNewswire/ — Global fintech infrastructure platform Nium and Unifimoney, a San Francisco-based neobank, have entered into a partnership that will enhance the outbound money transfer experience for Unifimoney users. The partnership will expand Unifimoney’s capabilities, introducing convenient, secure, and real-time[2] global payment capabilities to customers of Unifimoney.
While new technological advances and the continuing inefficiencies of traditional banks have given rise to dozens of neobanks, most have yet to tackle the challenge of international money transfers. With more people turning to digital financial tools, and increased competition from other digital payments providers, there is a need for neobanks to step up their offerings and capabilities to stay ahead, and Unifimoney is looking to offer their customer base yet another reason to make the switch.
The international money transfer capability provided by Nium will supplement Unifimoney’s solution for automated money management across saving, spending and investing. Unifimoney users will be able to send funds overseas to major corridors in Europe and Asia easily within the app, and at a much lower FX rate than banks.  
“In today’s competitive payments environment, new technology makes an incredible difference in delivering the best customer experience, and we are thrilled to be the …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Neobank Unifimoney selects Nium to provide international remittance capability”

SQ: 4 Stocks That Could Skyrocket During the Next Crypto Boom | StockNews.com

sq: 4 stocks that could skyrocket during the next crypto boom | stocknews.com

BEGIN ARTICLE PREVIEW:

Over the last few years, cryptocurrencies have been one of the best-performing asset classes. The most well-known are bitcoin and ethereum. Another innovation is the blockchain. Some believe that crypto will have the same impact on money that the Internet has had on information.  
Even though the cryptocurrency is relatively immature, this market is all set to witness continued appreciation. According to Markets and Markets, the cryptocurrency market is projected to grow at a CAGR of 6.18% to $1.40 billion by 2024. Rising demand for decentralized finance and cashless payments will be the major growth drivers.
2017 saw a cryptocurrency boom as the Bitcoin prices soared about 2000% in a year. According to market experts, the burgeoning demand for Bitcoin might lead to history repeating itself. Therefore, investing in this growing industry by betting on the right stocks can be highly rewarding.
Four stocks that could be on fire during the next Crypto boom are Square, Inc. (SQ), PayPal Holdings (PYPL), Nvidia Corp (NVDA), and CME Group (CME). Let’s take a look at how these stocks are placed.
Square, Inc. (SQ)
SQ is predominantly known as a digital payment app. However, it is now well-known for its innovations in crypto and blockchain technology. SQ …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “SQ: 4 Stocks That Could Skyrocket During the Next Crypto Boom | StockNews.com”

Matica Announces Alliance with Scantron Technology Solutions for On-site Financial Instant Issuance Hardware Support Program

matica announces alliance with scantron technology solutions for on-site financial instant issuance hardware support program

BEGIN ARTICLE PREVIEW:

Matica Corp and Scantron Corporation partner to bring even greater hardware service and support value for financial instant issuance customers.

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Matica Announces Alliance with Scantron Technology Solutions for On-site Financial Instant Issuance Hardware Support Program”

Seattle-based Crypto Company Coinme Expands Executive Leadership Team with Three New Hires

seattle-based crypto company coinme expands executive leadership team with three new hires

BEGIN ARTICLE PREVIEW:

Eddie Ponce, Chief Compliance Officer; Nathan Rozendaal, Vice President of Product; Julie Ingle, Vice President of Marketing join the fast-growing startup that’s making crypto accessible for everyone
SEATTLE (PRWEB) October 20, 2020
Coinme Inc., a leading cryptocurrency exchange company, today announced three new hires to its executive leadership team. Joining the financial tech company are Eddie Ponce as chief compliance officer, Nathan Rozendaal as vice president of product and Julie Ingle as vice president of marketing.
“Demand for Coinme products and services has grown by 500 percent since the beginning of the year,” said Neil Bergquist, CEO and co-founder of Coinme. “As we work to keep up the momentum, I am thrilled to welcome some of the industry’s leading consumer technology and crypto strategy experts to our team to help advance our mission to bring financial equality and delight to millions of people around the world.”
The industry-leading blockchain financial technology company is building a massive ecosystem for easily accessible cryptocurrency transactions. Its partnership with Coinstar allows customers to purchase bitcoin with cash at more than 4,700 locations across the U.S.
Eddie Ponce, Chief Compliance Officer, is responsible for overseeing company alignment with U.S. and international government and financial regulations. Eddie has …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Seattle-based Crypto Company Coinme Expands Executive Leadership Team with Three New Hires”

Cybersecurity for the Next Stage of Digital Transformation

cybersecurity for the next stage of digital transformation

BEGIN ARTICLE PREVIEW:

The next phase of digital transformation is already upon us, sooner than many expected. This year prompted everyone to rethink their relationship with technology, forcing businesses to set up work-from-home (WFH) models overnight — a move many organizations weren’t quite ready to make.In the rush to give remote workers the tools and connections they needed, some of the accepted practices of setting up and maintaining security controls may have fallen by the wayside. This can be risky, especially at a time when cyberthreat actors are stepping up their efforts, recognizing how the sudden increase in remote workers gives them more targets.As the world settles into a new “normal” in its attempts to contain the spread of COVID-19, MSPs should discuss with clients how to help their businesses ride out the next phases of the pandemic — and prepare for a post-pandemic future. Some of the changes spurred by the pandemic will become permanent — for instance, many remote workers won’t return to office environments.With that in mind, MSPs must work to help ensure security in distributed environments. For starters, any security shortcuts taken during the pandemic should be corrected. Beyond that, MSPs need strategies for securing remote environments, …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Cybersecurity for the Next Stage of Digital Transformation”

FinTech Scotland teams up with Lloyds for Innovation Lab

iam platform login page background

BEGIN ARTICLE PREVIEW:

FinTech Scotland has teamed up with Lloyds Banking Group to launch a new fintech programme aimed at improving and creating innovative collaborations. Called the Launch Innovation Lab, the 12-week-long project will work with 12 startup companies, providing support, clinics and sponsorship opportunities. Businesses have until 21 October 21 to submit their application to the scheme. 
The aim of the Launch Innovation Lab is to create new, ready-to-go ideas in partnership with Lloyds. 
Split into parts, the three-month programme will first look at exploring the potential of the dozen fintechs selected for the event. They will work with Lloyds to gauge the banks strategic challenges and vice versa. After the exploration phase, the bank will then assist the companies in developing their proposals. Six companies will be selected from the 12, to continue the programme’s next stage, called the craft phase.
David McLeay, Innovation Product Owner for Lloyds Banking Group, commented on the scheme, saying the programme needs inspiring, industry-shaking innovators to drive Lloyds forward in terms of financial technology. He said; “The market is ripe for disruption in my view. We have an environment where customers’ needs are changing and in parallel, there are a lot of significant new technologies opening up opportunities”

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “FinTech Scotland teams up with Lloyds for Innovation Lab”

Did… the US government just agree to start funding a cryptocurrency?

did… the us government just agree to start funding a cryptocurrency?

BEGIN ARTICLE PREVIEW:

More and more people are using peer-to-peer payment services, like Square’s Cash App and PayPal’s Venmo, to make purchases, handle their banking, or just to pitch in on the pizza you and your friends had delivered last night. These payment apps have been particularly useful for folks who may not be able to afford bank fees or have other barriers preventing them from accessing a bank account.
That’s because they are very easy to set up, requiring nothing more than an email address or phone number. Even folks with bank accounts are using these payment apps more as folks are trying to stay home and reduce their in-person contacts during the COVID-19 pandemic. The number of daily users on Venmo has grown 26% since last year.
While these apps bring a lot of convenience to our lives, they have also made running scams more convenient for cybercriminals. According to experts, the rate of fraud on Venmo and Cash App is three to four times higher than with credit or debit cards. While PayPal and Square don’t provide statistics about scams, there are some telling signs. The New York Times and Apptopia, a mobile services tracking firm, found …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Did… the US government just agree to start funding a cryptocurrency?”