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‘Rethink highlights ways Canadians can save with Tangerine Bank’

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March 4, 2024

‘Rethink highlights ways Canadians can save with Tangerine Bank’

Rethink, a renowned advertising agency, has recently launched a captivating out-of-home (OOH) campaign for Tangerine Bank in Canada. Tangerine, known as the original no monthly fee bank, is dedicated to providing its clients with user-friendly digital experiences.

In a competitive Canadian banking landscape with numerous new players and beloved celebrities endorsing them, Tangerine has managed to maintain its position as the OG (Original Gangster). To uphold this legacy, Tangerine has strategically placed out-of-home advertisements across Toronto.

Natalie Jones, the chief marketing officer at Tangerine, expressed, “As the original challenger bank, we’ve been committed to helping Canadians save more money for decades. We prioritize delivering what truly matters to people – a simple, no monthly fee approach to everyday banking with an uncomplicated and award-winning experience. Since 1997, millions of Tangerine clients have benefitted from this, saving their hard-earned money.”

The advertisements are scheduled to be displayed from March 4 to April 14 in various locations throughout Toronto. Rethink took charge of the creative and PR aspects of the campaign, while PHD provided support with media placements. This OOH campaign aims to reinforce Tangerine’s core values and services among the residents of Toronto.

‘The Rise of Enclosed Electric Scooters in Personal Mobility’

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March 4, 2024

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‘The Rise of Enclosed Electric Scooters in Personal Mobility’

E-bikes and e-scooters are becoming increasingly popular in today’s world of personal mobility, offering a wide array of options for consumers. While many of these new vehicles share similarities, some are breaking the mold and introducing unique features that cater to different needs.

Enter the Avvenire Tectus, a three-wheeled mobility scooter that offers a distinctive enclosed design. This enclosure provides riders with the comfort of amenities like air conditioning and heating while shielding them from the elements. While the interior of the Tectus may seem basic compared to luxury vehicles like Mercedes-Benz, the scooter makes up for it with a range of impressive features.

Despite a modest top speed of 20 mph, the Tectus boasts throttle acceleration with a reverse function, a storage compartment, a stereo, a navigation system, an “alarm clock” feature, and even a back-up camera with some autonomous driving capabilities. One standout feature is the option for trickle charging using solar power, with the potential for a quick two-hour fast charge and a remarkable 99-mile range.

Additionally, the Tectus offers various configurations, including a cargo-oriented model with open storage in the back. However, these unique features come at a cost, with prices starting at around ,000 and potentially increasing with added extras.

Avvenire plans to begin shipping the Tectus this year, adding to their lineup of unconventional electric scooters and bikes, such as the Spiritus half-car. While some may view these vehicles as ambitious concepts, the Tectus stands out for its blend of innovation and functionality, making it a compelling option for those seeking a truly unique riding experience.

iByond™ Asia Division Enters .2B Agreement with Knightsbridge to Introduce Digitization and Fintech to Asia and Beyond

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March 4, 2024

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iByond™ Asia Division Enters .2B Agreement with Knightsbridge to Introduce Digitization and Fintech to Asia and Beyond

ETT | iByond™ and Knightsbridge Group have finalized a groundbreaking deal with a projected value of up to .2 billion, representing a significant leap forward in the field of digitization and fintech solutions on a global scale. This partnership marks a crucial moment in the utilization of cutting-edge technologies to foster innovation and drive transformation across various industries.

Under this agreement, ETT | iByond™ and Knightsbridge Group will collaborate to lead digital initiatives and revolutionize financial technology offerings. By combining iByond™’s expertise in the growing Artificial Intelligence (AI) landscape with Knightsbridge’s global network and resources, the partnership aims to provide tailor-made solutions to meet the evolving needs of businesses and consumers worldwide. The joint venture will leverage ETT’s advanced data management and artificial intelligence infrastructure.

Economic Transformation Technologies “ETT | iByond™” (ETT) Asia Division has signed a five-year software services and licensing agreement worth 3 million to ETT and over 0 million to Knightsbridge, aiming to transform the financial services industry through innovative digital transformation solutions.

The collaboration will leverage ETT’s state-of-the-art data management and Artificial Intelligence (AI) platform infrastructure alongside Knightsbridge Group’s advanced market technologies to deliver a comprehensive fintech platform offering unmatched efficiency, security, and scalability. By harnessing the power of artificial intelligence, the platform will empower financial institutions to streamline operations, enhance customer experiences, and drive sustainable growth in today’s fast-paced market environment.

The rapidly growing influence of artificial intelligence (AI) and financial technology (fintech) in Asia is reshaping the economic landscape of the region at an unprecedented rate. With advancements in AI technology and increased digitalization across industries, Asia has become a hub for innovation and investment in AI and fintech solutions. From pioneering AI-driven financial services to transforming traditional banking and investment practices, Asian countries are leveraging AI and fintech to boost economic growth, enhance financial inclusion, and improve efficiency in financial markets.

Christopher Condon, Chairman and CEO of ETT, highlighted the partnership, emphasizing ETT’s commitment to digital innovation and global growth in the dynamic Asian market. David Chlapowski, President of the Americas and Emerging Markets, emphasized the importance of interoperability and AI in driving efficiencies and innovation, declaring the ETT/Knightsbridge FinTech Platform as the catalyst for a new era of digital enablement and wealth creation turbocharged by AI.

Issaree Suwunnavid, Managing Director of Knightsbridge Group, expressed excitement about the joint venture with ETT, bringing cutting-edge fintech solutions to Asia and establishing Thailand as a hub for transformative technology in the region.

For more information, please visit ettworld.com or knightsbridgelaw.com.

Mid-Atlantic Acquisition by US LBM Company

Business

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March 4, 2024

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Mid-Atlantic Acquisition by US LBM Company

Homestead Building Systems has recently joined forces with US LBM to enhance their truss and wall panel manufacturing capabilities in the Mid-Atlantic region. US LBM President and CEO, L.T. Gibson, expressed enthusiasm about the partnership and highlighted Homestead Building Systems’ strong reputation for providing top-quality service and products.

This acquisition has allowed US LBM to expand its presence in Virginia, now operating two truss manufacturing facilities in the state. Additionally, the company operates five locations under the Barrons banner in the Washington D.C. metro area, including a truss facility, and two locations in the Richmond area under the Massey Builders Supply brand.

Financial advisory services for the partnership were provided by Anchor Peabody Advisory Services, Inc. This collaboration is expected to support the growing housing markets in the greater D.C. metro area and eastern Virginia, providing customers with enhanced products and services from the combined expertise of Homestead Building Systems and US LBM.

Contactless Payments: The Preferred Choice for British Consumers

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March 4, 2024

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Contactless Payments: The Preferred Choice for British Consumers

Contactless payments have taken over the retail landscape in Britain, with a staggering 93.4% of all in-store card transactions under £100 being conducted through touch and pay methods in 2023. This data from Barclays showcases the significant shift towards contactless payment methods in the UK.

What is even more noteworthy is the growth among older generations in adopting contactless payments. Individuals aged 65 and above have shown a remarkable increase in using touchless transactions, with usage reaching 80% among those aged 85 to 95. Overall, there was a 7.8% increase in touchless transactions in the UK compared to the previous year.

The average individual in the UK made 231 contactless transactions in 2023, up from 220 in the previous year. Not only are people making more transactions, but they are also purchasing more expensive items. Consequently, total consumer spending through contactless payments rose by 8.9% to £3,623 for the year.

While the age gap in contactless payment usage is decreasing, younger consumers are demonstrating a preference for mobile payments. More individuals aged 18 to 34 are opting to pay with their phones rather than using physical cards. In fact, 22% of shoppers in this age group do not even carry a wallet when they go shopping. Additionally, 15% of those ages 18 to 34 prefer scanning a QR code to pay at a restaurant, eliminating the need to wait for the bill at the end of a meal.

Interestingly, when it comes to high-value purchases exceeding £100, traditional payment methods are still favored in the UK. Chip and PIN cards and cash remain popular options for big-ticket items, with mobile wallets ranking third in popularity.

These trends underscore the prevailing preference for contactless payments over cash in the UK. According to a survey from takepayments in 2023, almost half of respondents (48%) favored contactless card payments, surpassing cash (17%) and chip and PIN transactions (11%). The shift towards contactless payments in Britain seems to be a lasting trend that is reshaping the way consumers make purchases.

‘Launch of Aurora Program 2024 – Introducing New Leaders!’

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March 4, 2024

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‘Launch of Aurora Program 2024 – Introducing New Leaders!’

Rocket Software recently celebrated the launch of the fourth year of its Aurora Program, a development course tailored to empower women leaders in the organization. The program aims to build and strengthen their careers, enhance leadership styles, and practices. The emphasis is on creating a network of empowered women who can take control of their careers and inspire others to do the same.

During the kick-off event, participants were welcomed by Addie Schwartz, CEO of reacHIRE, and Libby Hillenbrand, senior director of leadership development and DEI at Rocket Software. Hillenbrand expressed excitement about empowering the women in the program, while Schwartz emphasized the opportunity for participants to pay it forward and share their learnings with others.

A panel of women Rocketeers and Aurora graduates shared their experiences and learnings from the program, highlighting the importance of building a strong support network and empowering each other. The program aims to help members become the best version of themselves so they can uplift other women and invest in their futures as leaders.

The Aurora Program mentors this year include seasoned professionals with over 30 years of experience in various fields, who will guide the participants in their leadership journey. Rocket Software continues to expand its RIDE Program, which promotes awareness, education, resources, and support for employees, customers, and the community at large.

The company’s commitment to inclusion, diversity, and equity is reflected in programs like Aurora, which aim to create a culture of belonging and celebrate differences. The participants of the Aurora program showcase this commitment, and Rocket Software is proud of their achievements. To learn more about the RIDE Program and Rocket Software’s investment in its employees, visit their website.

‘Asian Division of iByond™ Inks .2B Contract with Knightsbridge to Drive Digitization and Fintech Globally’

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March 4, 2024

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‘Asian Division of iByond™ Inks .2B Contract with Knightsbridge to Drive Digitization and Fintech Globally’

ETT | iByond™ and Knightsbridge Group have recently announced a groundbreaking partnership projected to reach up to .2 billion, demonstrating a significant step forward in the global digitization and fintech space. This collaboration signifies a crucial moment in incorporating cutting-edge technologies to fuel innovation and transformation across various industries.

The agreement between ETT | iByond™ and Knightsbridge Group will see them working together to lead digital initiatives and reshape financial technology offerings. By merging iByond™’s expertise in Artificial Intelligence (AI) with Knightsbridge’s extensive global network and resources, the partnership aims to provide unmatched solutions tailored to meet the evolving needs of businesses and consumers worldwide. This joint venture will utilize ETT’s state-of-the-art data management and AI infrastructure.

Economic Transformation Technologies “ETT | iByond™” (ETT) Asia Division has successfully executed a five-year software services and licensing agreement with Knightsbridge valued at 3 million to ETT and over 0 million to Knightsbridge. This partnership seeks to revolutionize the financial services industry through cutting-edge digital solutions.

The collaboration between ETT and Knightsbridge leverages ETT’s advanced data management and AI platform infrastructure alongside Knightsbridge Group’s market technologies to deliver a comprehensive fintech platform offering unparalleled efficiency, security, and scalability. By harnessing the power of AI, the platform will enable financial institutions to streamline operations, enhance customer experiences, and drive sustainable growth in today’s dynamic marketplace. This collaboration signifies a significant milestone in Knightsbridge’s expansion strategy and reinforces its commitment to driving growth in the region.

The rapid growth of AI and fintech in Asia is reshaping the economic landscape at an unprecedented pace. With advancements in AI technology and increased digitalization across industries, Asia has emerged as a hub for innovation and investment in AI and fintech solutions. This region is leading the global AI and fintech revolution by unlocking new opportunities and driving innovation across sectors.

Christopher Condon, Chairman, and CEO of ETT, emphasized the partnership’s significance, stating, “This partnership underscores ETT’s dedication to being at the forefront of digital innovation and reaffirming its position in global growth and the rapidly evolving Asian market.”

David Chlapowski, President of the Americas and Emerging Markets, added, “The interoperability of disparate platforms combined with the learning capabilities of AI will provide efficiencies never before possible. The ETT/Knightsbridge FinTech Platform is the glue bringing this all together, ushering a new era of Web 4.0.”

Issaree Suwunnavid, Managing Director of Knightsbridge Group, expressed enthusiasm about the joint venture with ETT, bringing cutting-edge fintech solutions to Asia. This partnership aims to empower businesses and individuals across the region with innovative financial services.

For more information, visit ettworld.com or knightsbridgelaw.com.

Optimism for the farm bill persists despite obstacles

Business

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March 4, 2024

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Optimism for the farm bill persists despite obstacles

Despite obstacles, there is still hope that a farm bill can be accomplished this year, despite the ongoing budget battle in Congress. House Agriculture Committee member Eric Sorenson emphasizes the importance of resolving the budget issue first before focusing on the farm bill. He remains optimistic about the possibility of pushing through a farm bill by the September deadline, highlighting the need to improve upon existing policies rather than completely rewriting them.

Fellow House Agriculture Committee member, Congresswoman Nikki Budzinski, echoes the sentiment that congressional leaders are keen on getting a farm bill passed. She praises Chairman Thompson for his efforts and mentions discussions with Senate Chairwoman Debbie Stabenow, emphasizing the importance of completing the bill before the end of the year.

The current farm bill extension is set to expire at the end of September, adding urgency to the need for progress and cooperation in Congress. Despite the challenges, there is a sense of determination and optimism among lawmakers to push through and enact legislation that will benefit the agricultural sector.

‘Conversion of Traditional Gas Station into an EV Charging Park by EFFEKT’

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March 4, 2024

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‘Conversion of Traditional Gas Station into an EV Charging Park by EFFEKT’

Denmark, a country known for its commitment to sustainability, has introduced a groundbreaking approach to electric vehicle (EV) charging infrastructure. EFFEKT, an innovative design studio based in Copenhagen, has transformed the traditional petrol station into a symbol of the future with the Better Energy Charge fast charging station in Sønderborg, Denmark.

This station, created as the first pilot project for renewable energy company Better Energy, goes beyond just functionality. Unlike conventional petrol stations that rely on carbon-intensive materials like concrete and steel, Better Energy Charge integrates renewable and bio-based materials, permeable surfaces, and recreational spaces. This design fosters a seamless connection between technology, environmental consciousness, and renewable energy.

The station’s organic shape serves as a powerful symbol, representing the shift from fossil fuels to renewable energy. Inspired by curved streets, the design captures the essence of the station’s primary purpose while demonstrating a commitment to sustainability. EFFEKT co-founder Sinus Lynge explains, “We wanted the pavilion’s design to be organic and inviting, much like Danish furniture classics. We have used nature’s own materials – the construction is built in cross-laminated timber, which binds CO2 from the atmosphere throughout its entire lifespan.”

As the world moves towards a greener future, this charging park stands as a beacon of thoughtful design that can redefine our relationship with technology and the environment.

For more information on the Better Energy Charge, visit effekt.dk. Photography by Rasmus Hjortshøj.

USDT stablecoin reaches 0 billion market value, benefiting from Crypto trading frenzy.

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March 4, 2024

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USDT stablecoin reaches 0 billion market value, benefiting from Crypto trading frenzy.

The company, however, has faced a considerable amount of scrutiny over the years for its opaque reserve management, at one point holding risky assets like Chinese commercial paper and extending credit to now bankrupt Crypto lender Celsius, as well as a lack of independent audits – a more thorough financial analysis than attestations. It now claims to be primarily backed by safer investments such as US Treasury bonds, repurchase agreements, and deposits in money market funds.