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< Back Cybersecurity Trends & Statistics For 2023: More Treachery And Risk Ahead As Attack Surface And Hacker Capabilities Grow Chuck Brooks || Contributor Global Thought Leader in Cybersecurity and Emerging Tech 7 Mar 2023 International Data Corporation (IDC) says AI in the cybersecurity market is growing at a CAGR of 23.6% and will reach a market value of $46.3 billion in 2027 Every year I peruse emerging statistics and trends in cybersecurity and provide some perspective and analysis on the potential implications for industry and government from the data. While cybersecurity capabilities and awareness seem to be improving, unfortunately the threat and sophistication of cyber-attacks are matching that progress. The 2023 Digital EcosystemThe emerging digital ecosystem is treacherous. In our current digital environment, every company is now a reachable target, and every company, large or small, has operations, brand, reputation, and revenue pipelines that are potentially at risk from a breach. For 2023 and beyond the focus needs to be on the cyber-attack surface and vectors to determine what can be done to mitigate threats and enhance resiliency and recovery. As the interest greatly expands in users, so do the threats, As the Metaverse comes more online it will serve as a new vector for exploitation. Artificial intelligence and machine learning, while great for research & analytics (i.e. ChatGPT). However, AI tools can also be used by hackers for advanced attacks. Deep fakes are already being deployed and bots are continuing to run rampant. and the geopolitics of the Russian invasion of Ukraine has highlighted the vulnerabilities of critical infrastructure (CISA Shields Up) by nation-state threats, including more DDSs attacks on websites and infrastructure. Most ominous was the hacking of a Ukrainian satellite. Here are some initial digital ecosystem statistics to consider: According to a Deloitte Center for Controllership poll. “During the past 12 months, 34.5% of polled executives report that their organizations' accounting and financial data were targeted by cyber adversaries. Within that group, 22% experienced at least one such cyber event and 12.5% experienced more than one.” And “nearly half (48.8%) of C-suite and other executives expect the number and size of cyber events targeting their organizations' accounting and financial data to increase in the year ahead. And yet just 20.3% of those polled say their organizations' accounting and finance teams work closely and consistently with their peers in cybersecurity.” Nearly half of executives expect cyber-attacks targeting accounting, other systems Nearly half of executives expect cyber attacks targeting accounting, other systems ( northbaybusinessjournal.com ) Tags: #cybersecuritymarket ||#digitalenvironment || #cybersecurity || #cyberattacks || #digital ecosystem #resiliency || #recovery || #Metaverse || #artificialintelligence || #machinelearning || #deepfakes || #bots #geopolitics || #criticalinfrastructure || #DDoSattacks || #executives || #accounting || #financialdata || #cyber adversaries || #cyberevents #cybersecuritycollaboration Previous Next

< Back Entering a new era of IoT Derek Wells 10 Jan 2023 The Internet of Things (IoT) is entering a new era with the integration of AI and machine learning, the rise of 5G technology, increased focus on cybersecurity, and growth of edge computing. This will result in more sophisticated, connected, and secure devices that offer more efficient and personalized experiences for users. The Internet of Things (IoT) is rapidly evolving, and we are entering a new era of IoT where the technology is becoming more sophisticated, accessible, and integrated into our daily lives. Today, we explore the latest developments and what they mean for the future of IoT. One of the biggest trends in IoT is the increasing use of artificial intelligence (AI) and machine learning (ML). With the advancements in AI and ML, IoT devices can now process more data and make smarter decisions, resulting in more efficient and personalized experiences for users. Another trend in IoT is the rise of 5G technology. With the faster and more reliable connectivity provided by 5G, IoT devices can communicate with each other and with the cloud in real-time, enabling new use cases such as autonomous vehicles, smart cities, and industrial automation. In addition, the increasing focus on cybersecurity is another key trend in IoT. As more devices are connected to the internet, the risk of cyber attacks and data breaches increases. To mitigate this risk, IoT manufacturers are investing in more robust security measures, including encryption, authentication, and secure firmware updates. Finally, the growth of edge computing is transforming the way IoT devices process and analyze data. By processing data closer to the source, IoT devices can reduce latency, improve reliability, and save bandwidth. This allows for more efficient and cost-effective IoT solutions. As we enter a new era of IoT, we can expect to see more sophisticated, connected, and secure devices that can help us lead more productive, efficient, and enjoyable lives. Whether it's smart homes, wearables, or industrial automation, the future of IoT is bright and full of opportunities. Tags: #IoT||#ArtificialIntelligence || #MachineLearning || #5G || #SmartCities || #IndustrialAutomation || #Cybersecurity || #EdgeComputing || #SmartHomes || #Wearables Previous Next

< Back Dubai 'P7' number plate sold for One Arab Twenty Two Crore Sixty One Lakh Forty Four Thousand Seven Hundred Rupees The Feed(With inputs from IANS & The Economic Times) 13 Apr 2023 The starting bid for the number plate was Dh15 million and within seconds the bid rose to over Dh30 million. The bid then stagnated at Dh25 million for several minutes and the bid was placed by Pavel Valeryevich Durov, the French-Emirati businessman, the founder and owner of the app Telegram. Dubai Car License Plate Sells for Record $15 Million || Dubai 'P7' number plate sold for a record-breaking DH55M (INR 1226144700/-) at 'Most Noble Numbers' auction (One Arab Twenty Two Crore Sixty One Lakh Forty Four Thousand Seven Hundred Rupees) The starting bid for the number plate was Dh15 million and within seconds the bid rose to over Dh30 million. The bid then stagnated at Dh25 million for several minutes and the bid was placed by Pavel Valeryevich Durov, the French-Emirati businessman, the founder and owner of the app Telegram. P7 became the most expensive vehicle number plate and was sold for a record Dh55M at the "Most Noble Numbers' auction in Dubai.The starting bid for the number plate was Dh15 million and within seconds the bid rose to over Dh30 million. The bid then stagnated at Dh25 million for several minutes and the bid was placed by Pavel Valeryevich Durov, the French-Emirati businessman, the founder and owner of the app Telegram. The price rose quickly until it reached the amount of Dh55 million (INR:1,226,144,700) by bid panel seven who wished to remain anonymous. The crowd cheered and applauded as each bid was placed. Many other VIP number plates and phone number were also auctioned at the same time and auction process raised nearly Dh100 million ($27 million) for a Ramzan food appeal. In total, Dh97,920,000 ($26662313) was raised from the sale of car plates and exclusive mobile phone numbers at the Four Seasons hotel in Jumeirah. The event was organised by Emirates Auction, Dubai's Roads and Transport Authority, Etisalat and Du. 'P 7' topped the list after a bidding war between several people who wanted to break the existing record set in 2008, when a businessman paid Dh52.2 million for Abu Dhabi's number 1 plate. All proceeds from the noblest numbers auction will go to the One Billion Meals campaign, which was launched to boost efforts to combat global hunger. The One Billion Meals Endowment was launched by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, in line with the generous spirit of Ramzan. Previous Next

< Back Gadget review: release of new Airy Pods Daniel Williams 6 Feb 2023 Airy Pods, a new wireless earbud that has gained a lot of attention in the market. The Airy Pods offer advanced noise-cancelling technology, long battery life, and a sleek and compact design that make them perfect for on-the-go use. They also offer a stable and reliable connection to a wide range of devices via Bluetooth. Early reviews suggest that the Airy Pods are a top choice for anyone looking for high-quality audio and convenience in their earbuds. he highly anticipated release of the new Airy Pods has finally arrived, and early reviews suggest they are worth the wait. These wireless earbuds offer a sleek, modern design and a range of impressive features, making them a must-have gadget for anyone looking for high-quality audio and convenience. The Airy Pods are designed for comfort and portability, with a compact and lightweight design that makes them perfect for on-the-go use. They come equipped with advanced noise-cancelling technology that blocks out background noise for a fully immersive listening experience. One of the standout features of the Airy Pods is their long battery life, which can last for up to 8 hours of continuous use. They also come with a charging case that can provide up to 24 hours of additional battery life, making it easy to stay connected all day long. The Airy Pods are compatible with a wide range of devices, including smartphones, tablets, and laptops. They can be easily paired with your device via Bluetooth and offer a stable and reliable connection. Overall, the new Airy Pods offer a high-quality audio experience and a range of impressive features that make them a top choice for anyone in the market for wireless earbuds. With their sleek design, long battery life, and advanced noise-cancelling technology, they are sure to be a hit among tech enthusiasts and audiophiles alike. If you're looking for a high-quality and convenient audio solution, the new Airy Pods are definitely worth considering. Tags: #AiryPods||#WirelessEarbuds||#NoiseCancelling||#Bluetooth||#AudioQuality||#TechGadgets||#Portability||#LongBatteryLife||#DeviceCompatibility||#ProductReview Previous Next

< Back Best smart wearables of 2023 Sean Michaels 1 Jan 2023 "Revolutionize Your Health and Fitness with These Top Smart Wearables of 2023, Upgrade Your Style and Functionality with Experiencing Cutting-Edge Technology " The year 2023 has brought a plethora of advancements in the technology world, and the market for smart wearables is no exception. Today, the top smart wearables of 2023 have been announced, and we have the details for you. Apple Watch Series 8 : The Apple Watch Series 8 has taken the top spot as the best smart wearable of 2023. It features a sleek design, improved fitness tracking capabilities, and a new sleep tracking feature. It also has a faster processor and longer battery life than its predecessor. Samsung Galaxy Watch 4: Samsung Galaxy Watch 4 has secured the second spot as the best smart wearable of 2023. This smartwatch comes with a range of impressive features, including a high-quality AMOLED display, advanced fitness tracking, and blood pressure monitoring. It also boasts an impressive battery life and can last up to four days on a single charge. Fitbit Charge 5: Fitbit's Charge 5 has secured the third spot as the best smart wearable of 2023. This fitness tracker has been designed to provide an all-in-one solution for tracking fitness and health metrics. It comes with advanced sensors that track your heart rate, blood oxygen levels, and even stress levels. It also has a battery life of up to seven days. Garmin Forerunner 955: Garmin's Forerunner 955 has secured the fourth spot as the best smart wearable of 2023. This GPS-enabled smartwatch is designed for serious athletes and comes with advanced features such as a built-in virtual coach, detailed workout tracking, and support for a wide range of sports activities. It also has an impressive battery life of up to two weeks. Xiaomi Mi Band 6: Xiaomi's Mi Band 6 has secured the fifth spot as the best smart wearable of 2023. This affordable fitness tracker comes with an impressive range of features, including heart rate monitoring, sleep tracking, and a large AMOLED display. It also has a long battery life of up to two weeks. Overall, these smart wearables have been designed to cater to a wide range of user needs and preferences. Whether you're a serious athlete or just looking to improve your health and fitness, there is a smart wearable out there for you. Tags# "Stay Ahead of the Game with the Best Smart Wearables of 2023" "The Future is Here: Check Out the Top Smart Wearables of 2023" "Revolutionize Your Health and Fitness with These Top Smart Wearables of 2023" "Upgrade Your Style and Functionality with the Best Smart Wearables of 2023" "Experience Cutting-Edge Technology with the Top Smart Wearables of 2023" Previous Next

< Back Improving evidence on vocational education and training (VET): OECD’s new International VET Assessment By Andreas Schleicher || El Iza Mohamedou, , OECD 8 Apr 2023 OECD Education and Skills Today || Global perspectives on education and skills || By Andreas Schleicher OECD Director for Education and Skills and El Iza Mohamedou, Head of the OECD Centre for Skills VET is essential, but comparative data are lacking Vocational Education and Training (VET) is a vital part of a country’s education system. It contributes to meeting the skill demands of the economy and provides an alternative route to academic learning for young people and adults. There is ample evidence that shows that high-quality vocational programmes smooth school-to-work transitions and contribute to reducing dropout rates. However, in contrast to general schooling, which has benefited in recent decades from considerable coverage by international large-scale assessments, there is very little internationally comparative data available for VET. More than one in three 15- to 19-year-olds in upper-secondary education are enrolled in vocational programmes across OECD countries and 17% of first-time entrants into tertiary education are in short-course programmes that are mostly professional in nature. The lack of comparative assessment data on vocational programmes is constraining countries in evaluating their performance in this area and learning from international best practices. Currently, comparative data on VET are patchy, and often do not go much beyond enrolment and labour market outcomes data (if any). There is increasing demand from policy makers for data that would enable them, for example, to compare relative achievement status by country and VET domain, identify policy implications in one VET system from determinants of achievement in others and consider per student expenditures and outcomes in one VET system compared to another. Building on Programme for International Student Assessment(PISA) to assess the professional skills of learners in VET programmes . To meet this demand and to fill these important data gaps, the OECD is starting the international VET assessment initiative, commonly referred to as PISA-VET. Building on its PISA assessment experience and its VET policy experience, the OECD has begun working with a range of countries and experts to develop an international assessment of the professional skills of learners in VET programmes. As part of its development phase – in which the feasibility of the new assessment will be tested – the initiative will focus on learners that are about to complete their initial vocational programmes in the fields of i) business and administration, ii) car mechatronics, iii) electrician, iv) healthcare, and v) tourism and hospitality. The assessment will focus on professional skills, including practice-oriented or technical skills as well as employability skills. Over the course of the next two years, the OECD will collaborate with the participating countries and experts to refine the focus of the assessment in terms of “who will be assessed?”, “what will be assessed?”, and “how will they be assessed?”. At the end of the two-year development phase, a framework document answering these questions will be prepared, as well as a first set of proven and valid assessment instruments. Depending on the outcomes of the development phase, the initiative will then enter its pilot phase. This initiative builds on a range of national and industry-specific efforts to measure applied skills, but it would be the first time to apply these methods at scale and across countries. PISA-VET has the potential to pay huge dividends in terms of improving the labour-market relevance, quality and social status of vocational education and training. To achieve these benefits, the OECD and its members, but also the industries whose skills will be evaluated, must confirm the validity of the metrics and the international comparability of results that will come from this assessment. To address this, the OECD has established a step-by-step approach to the development of the assessment framework and the instruments with multiple opportunities for countries to review progress and decide on subsequent work. These six key steps will help education systems become more equitable and inclusive – to the benefit of all students. This will help create greater multicultural awareness, support students with different backgrounds and needs to succeed, and better prepare students for life in an evolving world. As diversity in and out of the classroom is likely to continue to grow, it is crucial for policymakers and teachers to respond to the challenges. Better data will contribute to improving the quality and attractiveness of VET By assessing the professional skills of vocational learners, PISA-VET will help countries assess the quality of their VET programmes. Not only will the data allow for between-country comparison, it will also be possible to analyse differences between programmes with different design (e.g. school-based vs. work-based learning) and between learners with different characteristics – contributing to stronger and more inclusive systems. By collecting background data from learners and VET institutions, as well as system-level data, PISA-VET will greatly expand the variety and level of information collected. The ultimate goal of PISA-VET is to improve VET, both in terms of quality and attractiveness. By giving due attention to this important part of the education system, the OECD and its partners are committed to making vocational programmes an attractive choice for learners regardless of their background– including young students who aspire to a particular profession, learners who want to use VET as a pathway into higher education and adults who are in need of upskilling or reskilling. Previous Next

< Back World Officials Taking Initiative for Long-term Benefits of Clean Energy Sources Kim Jennings 14 Oct 2022 World officials have taken a major step towards a sustainable future by committing to the long-term benefits of clean energy sources. At a recent global conference, leaders pledged to increase investment in renewable energy, reduce carbon emissions, and promote sustainable development. This marks a significant shift towards a more sustainable and environmentally-friendly future, and there is hope that a brighter, cleaner, and more sustainable future is within reach. Officials from around the world have come together to take a major step towards a sustainable future by committing to the long-term benefits of clean energy sources. At a recent global conference, leaders pledged to increase investment in renewable energy, reduce carbon emissions, and promote sustainable development. The conference was attended by representatives from over 190 countries and was hailed as a major milestone in the fight against climate change. The attendees recognized the urgent need to reduce carbon emissions and increase investment in clean energy to avoid the worst impacts of climate change. Several countries pledged to take ambitious steps towards renewable energy, with some committing to achieving 100% renewable energy by 2050. Many countries also agreed to phase out the use of coal-fired power plants and promote the development of clean energy technologies such as wind, solar, and hydropower. In addition to energy-related commitments, officials also discussed the need to promote sustainable development and protect biodiversity. This includes investing in sustainable agriculture, protecting natural habitats, and reducing waste and pollution. The commitments made at the conference demonstrate a significant shift towards a more sustainable and environmentally-friendly future. By prioritizing clean energy sources, reducing carbon emissions, and promoting sustainable development, the world is taking a crucial step towards ensuring a better future for generations to come. As the world moves towards a more sustainable future, the challenge will be to turn these commitments into action. But with leaders from around the world pledging to prioritize clean energy and sustainable development, there is hope that a brighter, cleaner, and more sustainable future is within reach. Tags: #CleanEnergy||#RenewableEnergy||||#Sustainability||#ClimateChange||#CarbonEmissions||#GlobalConference||#Leadership||#AmbitiousGoals||#WindEnergy||#SolarEnergy||#Hydropower||#SustainableDevelopment||#Biodiversity||#NaturalHabitats||#WasteReduction||#PollutionControl. Previous Next

< Back A Study on Worldwide loss of Life and Economy during the Covid-19 Elizabeth Anderson 24 Feb 2023 Covid-19 pandemic has been a significant global crisis, affecting millions of people and causing significant loss of life and economic damage. While progress has been made in terms of vaccination efforts and controlling the spread of the virus, it will likely take years for the world to fully recover from the impact of the pandemic. The Covid-19 pandemic has caused significant loss of life and economic damage around the world. Since the outbreak began, more than 5 million people have died from Covid-19, and many more have been infected. The pandemic has also had a devastating impact on the global economy, with businesses forced to close, unemployment rates skyrocketing, and financial markets in turmoil. The pandemic has highlighted the need for better preparedness and response to global health crises. Governments around the world have had to implement measures to slow the spread of the virus, such as lockdowns, social distancing, and widespread vaccination programs. These measures have been necessary to save lives and protect public health, but they have also had significant economic consequences. Many industries have been severely impacted by the pandemic, including travel, hospitality, and entertainment. Small businesses have been hit particularly hard, with many forced to close permanently. Unemployment rates have risen sharply, and many workers have struggled to make ends meet. The pandemic has also exposed inequalities in access to healthcare and economic resources. Low-income communities and marginalized groups have been disproportionately affected by the virus and the economic fallout. Despite the challenges, there is hope that the world will eventually overcome the pandemic. Vaccines have been developed and distributed around the world, and many countries are beginning to reopen their economies. However, it will take time to fully recover from the impact of Covid-19. As the world continues to navigate the pandemic, it is clear that the lessons learned will have a lasting impact on public health, the economy, and society as a whole. We must work together to build a more resilient and equitable future for all. This news serves as a reminder of the importance of staying vigilant and taking necessary precautions to protect ourselves and others from the ongoing threat of Covid-19. According to the World Health Organization (WHO), as of March 2023, the total number of confirmed Covid-19 deaths worldwide has surpassed 5.5 million. The pandemic has affected nearly every country and region around the world, with some areas experiencing more severe outbreaks than others.In addition to the loss of life, the Covid-19 pandemic has also caused significant economic damage. The International Monetary Fund (IMF) has estimated that the global economy shrank by 3.3% in 2020 as a result of the pandemic, and many countries have experienced significant financial challenges as a result. The pandemic has resulted in job losses, business closures, and significant disruptions to global supply chains.The economic impact of the pandemic has been felt particularly strongly in certain industries, including travel, hospitality, and entertainment. These industries have been severely impacted by lockdowns, travel restrictions, and social distancing measures, and many businesses have struggled to survive.Governments around the world have implemented various measures to mitigate the economic impact of the pandemic, including stimulus packages, support for businesses and workers, and investment in public health infrastructure. While these measures have helped to some extent, the pandemic continues to have a significant impact on the global economy.Overall, the Covid-19 pandemic has been a significant global crisis, affecting millions of people and causing significant loss of life and economic damage. While progress has been made in terms of vaccination efforts and controlling the spread of the virus, it will likely take years for the world to fully recover from the impact of the pandemic. Tags: #COVID19||#Pandemic||#PublicHealth||#GlobalEconomy||#JobLosses||#BusinessClosures||#TravelRestrictions||#Lockdowns||#VaccinationEfforts||#SupplyChainDisruptions||#StimulusPackages||#GovernmentResponse||#InternationalMonetaryFund||#WorldHealthOrganization||#EconomicImpact. Previous Next

< Back How technology can help curb attention disorders Sarah Jones 1 Feb 2023 The use of technology offers a range of solutions to help curb attention disorders such as ADHD and ADD. This includes the use of specialized apps and software, wearable devices, virtual reality technology, and assistive technologies such as text-to-speech and speech-to-text software. These tools can help individuals improve their focus, concentration, and overall quality of life. Attention disorders such as Attention Deficit Hyperactivity Disorder (ADHD) and Attention Deficit Disorder (ADD) can have a significant impact on a person's ability to focus and complete tasks. Fortunately, technology can offer solutions to help curb attention disorders. One way technology can help is through the use of specialized apps and software designed to improve focus and concentration. These apps can provide features such as timers, reminders, and productivity tools to help users stay on task and avoid distractions. Some apps even use gamification techniques to make the process of focusing more engaging and fun. Another way technology can help is through the use of wearable devices such as smartwatches and fitness trackers. These devices can monitor a person's physical activity, sleep patterns, and stress levels, all of which can have a significant impact on attention and focus. By tracking these metrics, users can gain insights into their habits and make changes to improve their attention and focus. Virtual reality (VR) technology is also being explored as a potential tool to help curb attention disorders. VR can provide immersive environments that can help users improve their focus and concentration through guided meditation, visualization, and other techniques. Finally, the use of assistive technologies such as text-to-speech and speech-to-text software can help individuals with attention disorders who struggle with reading and writing. These technologies can help to reduce frustration and improve comprehension, making it easier for individuals to stay on task and complete assignments. Overall, technology offers a range of solutions to help curb attention disorders, providing individuals with the tools they need to improve their focus, concentration, and overall quality of life. Tags: #AttentionDisorders||#ADHD||#ADD||#Technology||#Apps||#WearableDevices||#Smartwatches||#FitnessTrackers||#VirtualReality||#AssistiveTechnologies||#TextToSpeech||#SpeechToText Previous Next

< Back PhD not Mandatory for Assistant Professors Posts in Universities: UGC Chairperson Edited By: Damini Solanki||Trending Desk || SOURCE: NEWS18Last Updated: MARCH 12, 2023, 17:34 IST 12 Mar 2023 A major relief has been granted by the University Grants Commission (UGC) to aspirants who want to become Assistant Professors. The condition of holding a PhD degree at the time of recruitment has been removed. The decision is being taken so that professionals who do not have PhDs can be appointed as assistant professors across universities in India. University Grants Commission (UGC) chairperson M Jagadesh Kumar said that a Doctor of Philosophy (PhD) is not mandatory for recruitment to the posts of Assistant Professors in central universities. Speaking at the inauguration of the newly constructed UGC-HRDC building on the Osmania University (OU) campus, Kumar added that a qualification in the Commission’s National Eligibility Test (NET) would be sufficient for it, reported Telangana Today. The decision is being taken so that professionals who do not have PhDs can be appointed as assistant professors across universities in India. Additionally, the move also aims to provide opportunities to experts who want to teach in universities but can’t as they do not have a PhD degree. M Jagadesh Kumar said that a one nation-one data portal is being developed, which will offer all UGC guidelines and other important details to candidates. Kumar further stated that quality education will be extended directly to students via the National Digital University from the next academic year. The Central government had earlier amended the Commission’s regulations that made PhD the minimum eligibility criteria for hiring assistant professors. The new guidelines were to come into effect in 2021 but got postponed due to the Covid-19 pandemic. Media reports suggest that it later got extended till July 2023. But in the meantime, hiring continued on the basis of the University Grants Commission National Eligibility Test (UGC NET) score. Meanwhile, the National Testing Agency (NTA) has begun the registration process for the Joint CSIR-UGC NET Examination in December-2022 and June-2023. Candidates can apply on the official website at csirnet.nta.nic.in . As per the schedule, the application process will remain active till April 10 up to 5 pm. While the last date to fill application form with a late fee is April 10 up to 11:50 pm. The exam for the same will be held on June 6, 7 and 8. The exam is conducted to determine the eligibility of Indian nationals for Junior Research Fellowship (JRF), lectureship (LS), and assistant professor across universities in India. The exam is conducted for papers that include chemical sciences, earth, atmospheric, ocean, and planetary sciences, life sciences, mathematical sciences, and physical sciences. The medium of the exam will be English and Hindi. Tags: M JAGADESH KUMARUGC Previous Next

< Back 5 Most Promising Fintech Startups of Present Time Unveiled Jess Wilder 17 Jan 2023 The financial industry is being revolutionized by innovative fintech startups providing efficient financial solutions.Stripe, Plaid, Brex, Robinhood, and Lemonade are the top 5 most promising fintech startups of the present time. Fintech startups are increasingly revolutionizing the financial industry by offering innovative and efficient financial solutions to individuals and businesses. Today, we are excited to announce the 5 most promising fintech startups of present time. Stripe : Stripe has taken the top spot as one of the most promising fintech startups of present time. This payment processing platform is revolutionizing the way businesses accept payments online. Stripe provides businesses with an easy-to-use platform that enables them to accept payments from customers all over the world. Its advanced fraud detection tools and compliance capabilities ensure that businesses are protected from fraudulent activities. Plaid: Plaid is a financial technology company that is making waves in the financial industry. Its software enables users to connect their bank accounts to third-party financial apps and services. This helps users to easily manage their finances, track their spending, and make informed financial decisions. Brex: Brex is a fintech startup that is providing businesses with an all-in-one financial solution. Its corporate credit card allows businesses to easily manage their expenses, earn rewards, and access credit without having to provide personal guarantees. Brex also provides businesses with a suite of financial tools, including accounting software, expense management, and cash management. Robinhood: Robinhood is a commission-free investment app that is disrupting the investment industry. Its easy-to-use platform enables users to invest in stocks, ETFs, and cryptocurrencies without having to pay commission fees. Robinhood is also known for its user-friendly interface, making it easy for beginners to start investing. Lemonade: Lemonade is an insurtech startup that is transforming the insurance industry. Its AI-powered platform enables users to easily purchase insurance policies online and file claims quickly and easily. Lemonade's mission is to make insurance more affordable and accessible to everyone. These fintech startups have disrupted the financial industry with their innovative solutions, making finance more accessible, affordable, and efficient for individuals and businesses alike. We can expect more fintech startups to emerge in the coming years, further revolutionizing the financial industry. Tags #Fintech||#Startups||#Innovation||#FinancialSolutions||#Stripe||#Plaid||#Brex||#Robinhood||#Lemonade||#Insurtech Previous Next

< Back Foxconn pledges to work with Karnataka to take "Project Elephant" in Bengaluru forward Ms Akansha || Business Outreach 7 Mar 2023 In a two-page letter to Chief Minister Basavaraj Bommai, Foxconn chairman Young Liu said he will "ensure successful grounding of the "Project Elephant" in Bengaluru," seeking to clear any air of confusion created by the company's earlier statement that Friday's agreement was not "definitive" in nature. Hon Hai Precision Industry (Foxconn) pledged on Monday that it will continue to work on the Memorandum of Understanding it signed with the State Government on Friday and that it will be in close contact with Karnataka to move its electronic manufacturing project on the outskirts of Bengaluru forward. Foxconn Chairman Young Liu wrote a two-page letter to Chief Minister Basavaraj Bommai in which he promised to “ensure the successful grounding of “Project Elephant” in Bengaluru,” attempting to dispel any misunderstanding that may have arisen from the company’s earlier claim that Friday’s agreement was not “definitive” in nature. Liu stated, “I am optimistic that this project will build a strong basis for our other various ambitions, spanning mechanical and precision equipment, electric vehicles, IC design, and semiconductor divisions, to consider your state as a possible investment destination. He thanked the Industries Minister Murugesh R. Nirani, IT/BT Minister CN Ashwath Narayan, and Chief Secretary Vandita Sharma for hosting the Foxconn team, enabling several meetings, and allowing him to see the T2 of the international airport. “Because we rely heavily on air freight for a variety of our products, the effectiveness of cargo handling at the airport does have a big impact on our operations and metrics. The presence of social infrastructure in the area where the plot is designated for the project, the government of Karnataka’s assistance for skilling and talent acquisition, and the timetables for infrastructure preparedness were all noteworthy, according to the Foxconn chairman. The largest contract manufacturer in the world, with headquarters in Taiwan, has proposed building an electronics production and assembly facility outside of Bengaluru, where it plans to make iPhones for Apple. The new facility, which will be built on a 300-acre site close to the airport in Bengaluru, will be Foxconn’s biggest in the country and will create 100,000 direct and indirect jobs over the following ten years. Those informed on the project estimated that Foxconn and the government will invest close to $1 billion in the plant. The state of Bommai has been promoted by the local government as a top location for investments in the design and manufacture of electronic systems (ESDM). According to rumours, the Taiwanese business is expected to produce various electronic products and parts for electric vehicles at the proposed factory, in addition to iPhones and parts for Apple’s smartphone. In India, the firm already produces iPhones. It has facilities in Telangana, Andhra Pradesh, and Tamil Nadu. According to officials, Foxconn’s investment will enable Karnataka to entice several other leading international electronics businesses to the state. Strong domestic demand for iPhones and a rise in exports from India, driven by the diversification of global supply chains away from China, are what have prompted Foxconn to step up its efforts in that country. Foxconn’s India division, Hon Hai Technology India Mega Development, received a $500 million investment last year, according to an announcement. Previous Next