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Scam-Safe Accord: A new initiative to protect bank customers from fraudsters
Business News
Scam-Safe Accord: A new initiative to protect bank customers from fraudsters
The banking industry in Australia has announced a new Scam-Safe Accord, a set of anti-scam measures to help customers avoid losing their money to fraudsters. The Accord is a joint effort by the Australian Banking Association (ABA) and the Customer Owned Banking Association (COBA), representing 76 banks and credit unions in the country. What is the Scam-Safe Accord? The Scam-Safe Accord is a comprehensive plan to disrupt, detect, and respond…
FirstCape: A new player in the wealth management industry
Business News
FirstCape: A new player in the wealth management industry
Jarden, a leading investment banking and advisory firm in New Zealand, has announced a major restructuring of its wealth management and advice business. The firm will spin off its wealth management arm into a separate entity called FirstCape, in partnership with National Australia Bank (NAB) and Pacific Equity Partners (PEP). Why the split? According to Malcolm Jackson, the first chief executive of FirstCape, the decision to separate the wealth management…
Why Fintech Companies Need to Care About Compliance
News
Why Fintech Companies Need to Care About Compliance
Fintech companies are disrupting the traditional financial industry with innovative products and services. However, they also face many challenges and risks, especially when it comes to compliance. Compliance is not just for banks; it is a vital aspect of any fintech business that wants to succeed and grow in the highly regulated financial sector. What is Compliance and Why is it Important? Compliance is the process of adhering to the…
How technology is driving the green revolution for a sustainable future
News Technology
How technology is driving the green revolution for a sustainable future
The world is facing unprecedented challenges due to climate change, environmental degradation, and resource depletion. To address these issues, many countries, businesses, and individuals are adopting green technologies that can reduce greenhouse gas emissions, conserve natural resources, and enhance quality of life. In this article, we will explore some of the latest innovations and initiatives that are transforming the technology sector for a sustainable future. Green mobility: Electric vehicles and…
Mass Timber Projects: A New Trend in Climate Tech and Real Estate
Business News
Mass Timber Projects: A New Trend in Climate Tech and Real Estate
Mass timber is a type of engineered wood that is made from layers of lumber glued together. It is stronger, lighter, and more fire-resistant than conventional wood, and it has a lower carbon footprint than concrete and steel. Mass timber projects are gaining popularity in the Pacific Northwest, where climate tech and real estate executives are collaborating to create innovative and sustainable buildings. What is Climate Tech and Why Does…
How Virtual Reality is Transforming the Entertainment Industry
News Technology
How Virtual Reality is Transforming the Entertainment Industry
Virtual reality (VR) is not a new technology, but it has been gaining more popularity and adoption in recent years, especially in the entertainment industry. VR is a form of immersive media that creates a simulated environment that users can interact with using special devices such as headsets, controllers, and sensors. VR can offer users a more realistic and engaging experience than traditional media, such as movies, games, and music.…
VinFuture Sci-Tech Week showcases cutting-edge innovations
News Technology
VinFuture Sci-Tech Week showcases cutting-edge innovations
The third VinFuture Sci-Tech Week, a series of world-class events that bring together leading scientists and experts in key technological domains, kicked off on December 18 in Hanoi, Vietnam. The four-day event, centered around the theme of “Boundless Unity”, aims to promote scientific collaboration and technology transfer for the benefit of humanity. VinFuture Prize Award Ceremony honors breakthrough achievements The highlight of the VinFuture Sci-Tech Week is the VinFuture Prize…
Seattle’s WNDR Museum shuts down suddenly after eight months of operation
Entertainment News
Seattle’s WNDR Museum shuts down suddenly after eight months of operation
The WNDR Museum, a high-tech art experience that blends art and technology, has announced its immediate closure in Seattle. The museum, which opened in March 2023, did not give any reason for its decision. The news came as a shock to many visitors and fans of the museum, who had enjoyed its immersive and interactive exhibits. What is the WNDR Museum? The WNDR Museum is a Chicago-based museum that describes…
How FireCAD Transformed the FDNY’s Dispatch Operations
News Technology
How FireCAD Transformed the FDNY’s Dispatch Operations
The Fire Department of the City of New York (FDNY) is one of the busiest and most diverse emergency services in the world, responding to more than 1.5 million 911 calls annually. To keep up with the growing and changing needs of the city, the FDNY recently launched a new computer-aided dispatch (CAD) system, called FireCAD, that replaced the outdated and unreliable STARFIRE system that had been in use for…
Vermont to become a global leader in semiconductor technology with new federal designation
News Technology
Vermont to become a global leader in semiconductor technology with new federal designation
Vermont has been selected as one of the 31 Tech Hubs in the nation by the U.S. Department of Commerce’s Economic Development Administration (EDA). The state will receive a federal endorsement and a chance to compete for up to $75 million in grant funding to advance its research and innovation in semiconductor technology. What is a Tech Hub and why is it important? A Tech Hub is a consortium of…