Friction of distance

Convera Completes Migration to AWS to Deliver Faster Payments Network and Enhance Customer Experience

Retrieved on: 
Thursday, October 12, 2023
Professional Services, Payments, Data Management, Technology, Software, Fintech, Investment, AWS, Code, Automation, Cogent Communications, Small business, Growth, Convera Corporation, Maintenance, Agility, Friction of distance, Non-governmental organization, Online shopping, Cryptocurrency

Convera , a leading global B2B payments Fintech, today announced the company successfully completed the migration of its payments network and customer services to Amazon Web Services, Inc. (AWS).

Key Points: 
  • Convera , a leading global B2B payments Fintech, today announced the company successfully completed the migration of its payments network and customer services to Amazon Web Services, Inc. (AWS).
  • Reporting over half a billion in annual revenue, Convera continues to deliver record results.
  • Convera customers will benefit from:
    Enhanced customer experience: Sixty-four percent decrease in patching time and reduction in human intervention due to automation.
  • “This exciting development positions Convera to innovate and grow into a digital future,” said Patrick Gauthier, CEO at Convera.

Citi Develops New Digital Asset Capabilities for Institutional Clients

Retrieved on: 
Monday, September 18, 2023
Professional Services, Technology, Blockchain, Cryptocurrency, Finance, Banking, Regulation, Partnership, TTS, Aircraft, Public sector, World Integrated Trade Solution, Citigroup, Friction of distance, Digital asset, Maersk

The service uses blockchain and smart contract technologies to deliver digital asset solutions for institutional clients.

Key Points: 
  • The service uses blockchain and smart contract technologies to deliver digital asset solutions for institutional clients.
  • Citi Token Services will integrate tokenized deposits and smart contracts into Citi’s global network, upgrading core cash management and trade finance capabilities.
  • Institutional clients have a need for ‘always-on’, programmable financial services and Citi Token Services will provide cross-border payments, liquidity, and automated trade finance solutions on a 24/7 basis.
  • The development of Citi Token Services is part of our journey to deliver real-time, always-on, next generation transaction banking services to our institutional clients.

Singapore embraces untapped potential of AI at Trescon's 36th global edition of World AI Show

Retrieved on: 
Tuesday, August 16, 2022
Science and Technology Education Innovation Center, Love, GLP, CEO, Data science, Friction of distance, National University of Singapore, Liberty Mutual, Digital, MD, List of health departments and ministries, Efficiency, Risk, Industry, Salesforce, Law, Technology, Learning, Foundation, Spatial analysis, Neobank, Ministry, MAS, Digital transformation, Government Technology Agency, ELT, Faculty, Private sector, Data analysis, Region, Goal, Standard Chartered, AI, National university, Government, Channel, Automation, Sales engineering, Monetary Authority of Singapore, Solution, Adoption, Airline, Medical device, Tutoring, Film, Casino, Customer service, Management, Health, Marina Bay Sands

The 36th global edition of World AI Show was hosted at Marina Bay Sands on 3 – 4 August 2022, as a part of the world tour conceptualized and managed by global business events and consulting firm, Trescon.

Key Points: 
  • The 36th global edition of World AI Show was hosted at Marina Bay Sands on 3 – 4 August 2022, as a part of the world tour conceptualized and managed by global business events and consulting firm, Trescon.
  • He was quoted saying, "AI has the potential to transform and automate the healthcare industry, but it's no silver bullet.
  • Miao Song, Global CIO, GLP, Singapore shared insights on ‘AI and Digital Transformation in a changing world.'
  • The 36th global edition of World AI Show is officially sponsored by:

New Citi GPS Report Looks at Opportunities to Drive Efficiency in the Housing Market

Retrieved on: 
Wednesday, June 29, 2022
Technology, Construction & Property, Finance, Fintech, Banking, Professional Services, Software, Other Construction & Property, Residential Building & Real Estate, Efficiency, Insurance, SFR, Friction of distance, Home of the future, Growth, Future, Housing, Property technology, Contract, Investment, Strathclyde Fire and Rescue Service, Technology, Science and technology in Asia, Property management, Financial services, Zillow, Citigroup

Citi today released a new Citi Global Perspectives & Solutions (Citi GPS) report in its Home of the Future series that takes another look at the housing market.

Key Points: 
  • Citi today released a new Citi Global Perspectives & Solutions (Citi GPS) report in its Home of the Future series that takes another look at the housing market.
  • covers the emergence of PropTech, or fintech for real estate, in the U.S. housing market.
  • Tech advancements in housing finance operations (e.g., mortgage origination, title insurance) are opening up ways to reduce paperwork and drive efficiency.
  • The report serves as a resource for others based on how Citi sees opportunities for advancement in the housing market with the support of tech advancements and investments.

New AGB Resource Prepares Higher Education Board Members to Balance Freedom of Speech with Diversity, Equity, and Inclusion

Retrieved on: 
Thursday, June 23, 2022
Association, District of Columbia Voting Rights Amendment, Education, Population, Cohesion (linguistics), DEI, Culture, Behavior, Environment, AGB, John S. and James L. Knight Foundation, Faculty, Decision-making, Foundation, Student, Leadership, Friction of distance, First, FIRE, Coset, Diversity, Nature, Color, Legislation, Board, Association of Governing Boards of Universities and Colleges, Rest, Organization, Management, Speech, University

WASHINGTON, June 23, 2022 /PRNewswire-PRWeb/ -- The Association of Governing Boards of Universities and Colleges (AGB), the premier organization advocating strategic board leadership in higher education, today released Freedom of Speech and Diversity, Equity, and Inclusion on Campus: Considerations for Board Members and Chief Executives, a publication providing practical insights into why and how institutional leaders should prioritize freedom of speech as well as diversity, equity, and inclusion (DEI).

Key Points: 
  • Freedom of speech is not only a fundamental right under the First Amendment but also the foundation of academic freedom.
  • The AGB publication offers practical advice for higher education leaders in anticipating, evaluating, and addressing these issues.
  • A complimentary e-book version of Freedom of Speech and Diversity, Equity, and Inclusion on Campus: Considerations for Board Members and Chief Executives is available for AGB members at AGB.org/Freedomofspeech .
  • AGB is the trusted resource for board members, chief executives, and key administrators on higher education governance and leadership.

Data Mynt Crypto Payment Gateway Now Live On Bitcoin Lightning Network

Retrieved on: 
Monday, April 18, 2022
Ethereum, CEO, Cash App, Lightning, BTC, Twitter, IFrame, Friction of distance, SAN, Lightning Network, Lightning Lab, Solution, Investment, API, PayPal, Strike, Cryptocurrency, Bitcoin

SAN FRANCISCO, April 18, 2022 /PRNewswire/ -- Data Mynt, the world's fastest growing cryptocurrency payment gateway, has launched support for its fourth major blockchain network in as many months, the Bitcoin Lightning Network. Data Mynt now facilitates seamless payments to and from all Lightning Network enabled wallets in addition to Polygon Network, Ethereum Mainnet, and Bitcoin network wallets and assets. Data Mynt merchants and partners, which are on schedule to number in the tens of thousands by the end of Q2 2022, now receive and send payments from all Lightning Network enabled wallets such as Cash App and Strike.

Key Points: 
  • Lightning Network now gives Data Mynt merchants, partners and their customers a faster option for Bitcoin transactions at minimal cost.
  • SAN FRANCISCO, April 18, 2022 /PRNewswire/ -- Data Mynt , the world's fastest growing cryptocurrency payment gateway, has launched support for its fourth major blockchain network in as many months, the Bitcoin Lightning Network.
  • Data Mynt now facilitates seamless payments to and from all Lightning Network enabled wallets in addition to Polygon Network, Ethereum Mainnet, and Bitcoin network wallets and assets.
  • The Data Mynt gateway enables merchants, funds, and enterprises to expand their payment options for their crypto customers, investments, and partners.

Twig Becomes a Certified B Corp and Launches For the Earth Initiative

Retrieved on: 
Friday, March 25, 2022
Software, Banking, Online Retail, Professional Services, Philanthropy, Consumer, Technology, Environment, Fund Raising, Retail, Other Consumer, Finance, Capitalism, Friction of distance, Certification, Growth, International Forest of Friendship, Gen, Empowering Patients First Act, Carbon, Lead, Sustainability, Goal, Ecosystem, Mark (given name), Future, Electronics, Founder, Education, Social media, B Corporation (certification), Partnership, Marketing, Bank, Earth, Twig, Ownership

Simultaneously to obtaining B Corp status, Twig announces the launch of For the Earth initiative, a collaborative platform for best sustainability practices and guided journeys towards positive impact for businesses and individuals.

Key Points: 
  • Simultaneously to obtaining B Corp status, Twig announces the launch of For the Earth initiative, a collaborative platform for best sustainability practices and guided journeys towards positive impact for businesses and individuals.
  • For the Earth initiative, powered by Twig, is operated as a non-profit initiative for other businesses, with a focus on eliminating frictions that inhibit sustainable education and action.
  • Marvin Henry, Director Sustainability at Twig, comments "We are pleased to roll out ourinitiative, a curated service suite,For The Earth by Twig.
  • Vis-a-vis this activity, Twig powers the circular economy, making Twig a positive and compelling environmentally conscious choice for the consumer.

Notabene partners with global sanctions screening leader Refinitiv to deliver seamless counterparty sanction screening

Retrieved on: 
Thursday, March 10, 2022
Crypto.com, Industry, Compliance, Partnership, Friction of distance, Travel, AML, LSEG, London Stock Exchange Group, Refinitiv, Data Analytics Acceleration Library, Luno, Offense, VASP, The Compliance Team, Technology, Software, Growth, FATF, CEO, Cryptocurrency, Nota bene

Through the product integration with Refinitiv's World-Check, Notabene customers can now automatically screen counterparties to the crypto transactions processed on their platform.

Key Points: 
  • Through the product integration with Refinitiv's World-Check, Notabene customers can now automatically screen counterparties to the crypto transactions processed on their platform.
  • In addition, the screening solution is built into Notabene's rules engine , which allows joint customers to automatically detect and block transactions routed to sanctioned individuals.
  • Pelle Brndgaard, CEO of Notabene, adds: "The Refinitv x Notabene functionality is a fantastic addition to any Compliance Team's arsenal of Travel Rule tools.
  • With over 40,000 customers, and 400,000 end-users across 190 countries, Refinitiv is powering participants across the global financial marketplace.

TabaPay Announces Investment from SoftBank Vision Fund 2

Retrieved on: 
Tuesday, March 1, 2022
Risk, Growth, Adam, Internet, Friction of distance, SoftBank Group, Science and technology in Asia, API, Multimedia, RTP, Traction, Financial institution, CAGR, Bank, Financial technology

MOUNTIAN VIEW, Calif., March 1, 2022 /PRNewswire/ --TabaPay, the leading instant money movement platform, announced today an investment by the SoftBank Vision Fund 2, the world's largest technology-focused investment fund.

Key Points: 
  • MOUNTIAN VIEW, Calif., March 1, 2022 /PRNewswire/ --TabaPay, the leading instant money movement platform, announced today an investment by the SoftBank Vision Fund 2, the world's largest technology-focused investment fund.
  • This new investment validates TabaPay's vision and expansion of products and services to power future growth.
  • Currently processing over 1 million transactions a day with a 2018-2021 CAGR of 111% and 153% in dollar volume, TabaPay expects this phase of hypergrowth to continue.
  • This investment will help TabaPay continue the delivery of great service to our clients while accelerating growth."

Purpose Investments Marks One-Year Anniversary of World’s First Bitcoin ETF and Its Immediate Plans for New DeFi and Crypto Innovations

Retrieved on: 
Friday, February 18, 2022
Cosmos, History, CEO, Prospectus, Web3, SMB, Friction of distance, Investment, Technology, Disclosure, ETF, Partnership, NFT, Decentralized finance, AUM, NEO, TSX, GLOBE, BTCC, Cryptocurrency, Bitcoin, Intention, Ethereum

TORONTO, Feb. 18, 2022 (GLOBE NEWSWIRE) -- One year ago today, Purpose Investments Inc. (Purpose) made history by launching Purpose Bitcoin ETF (TSX ticker: BTCC), the worlds first Bitcoin ETF backed by physically settled Bitcoin.

Key Points: 
  • TORONTO, Feb. 18, 2022 (GLOBE NEWSWIRE) -- One year ago today, Purpose Investments Inc. (Purpose) made history by launching Purpose Bitcoin ETF (TSX ticker: BTCC), the worlds first Bitcoin ETF backed by physically settled Bitcoin.
  • The Purpose Bitcoin ETF launch was only the starting point for Purposes plans to drive innovation in the crypto space globally.
  • Over the course of 2021, Purpose built on its momentum by launching the worlds first Ether ETF, followed by the first three active crypto ETFs in the world.
  • To commemorate its first year of crypto innovation, Purpose has minted an original limited-release Bitcoin NFT for its clients and partners.