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    Business Wire India

    Children's Day celebrations at Schools
    Children's Day celebrations at Schools

    Be with children and make the day beautiful. They are the most treasured possessions on earth. Childhood is always special for everyone. Innocent smile on their face conquers the heart of mankind. Children are the real glitters of the world. November 14th is celebrated as children’s day as a tribute to Jawaharlal Nehru. The importance of the day is to make aware that children’s are the real heroes of future. Pandit Jawaharlal Nehru once said, “The children of today will make India outshine with a better tomorrow. The way we bring them up will determine the future of the country.”
     
    To build up a talented generation, Team from Chalakudy and Kodungallur branch of UAE Exchange India celebrated children’s day by conducting various programs for children specially emphasizing on girls education. As a part of celebration, Company distributed school amenities to deserving tribal students of Govt. Girls school Chalakudy. Also celebrates with the kids of Govt L.P School Kodungallur, they dressed like Chacha Nehru which was the main attraction and made the day full of fun. The program was conducted by distributing sweets to all students.About UAE Exchange India
     
    UAE Exchange India stands ahead as one of the pioneers financial service providers, extending a holistic financial supermarket to serve and satisfies varied needs of the customers. Connecting people and creating progress with the finest of quality is the vision of the company. The company has been instrumental in providing cost-effective service in Foreign Exchange, Money Transfer, Air Ticketing & Tours, Loans, XPay Cash Wallet, Insurance and Share Trading. An ISO certified company with prestigious global associations, UAE Exchange has also been recognized and awarded for its quality and business excellence.

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    Business Wire India

    On November 15th, to mark the occasion of World Recycling Day, FAMAE will officially launch its 1st Innovation Challenge seeking pragmatic, efficient, durable, universal and money-saving solutions to reduce or recycle the yearly waste generated by an urban family (using if necessary existing solutions).

     

    This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171114005141/en/

     

    Waste Reduction and Waste Recycling: the 1,000,000€ FAMAE Innovation Challenge is launched. ©Antoine ...

    Waste Reduction and Waste Recycling: the 1,000,000€ FAMAE Innovation Challenge is launched. ©Antoine Repessé - #365 Unpacked

    This Innovation Challenge primarilytargets top universities (students, researchers …), enterprises (SMEs, startups, incubators …) and philanthropic actors (NGOs, social entrepreneurs …). This 1 000 000€ contest is one of the largest competitions ever launched in the world.

     

    Inspired by the COP21 Paris Agreement ratified by 166 nations on December 12th, 2015, FAMAE is committed to making our planet green again!

     

    The Innovation Challenge is open to everybody. Candidates are able to apply through a simple process on a secured IT platform, from November 15 (2017) to February 15 (2018). Selection of projects and nominees will occur until May 2018 while more information will be required from applicants.

     

    A dedicated jury will review all the applicants’ projects and carry out the final selection in the spring of 2018. The members of the jury are representatives fromAgoranov, Zero Waste, other Greentech experts, FAMAE founder Eric Philippon, Cedric Villani (renowned scientist, Fields Medal winner in 2010 …), Jacques Lewiner (Scientist and renowned inventor with 1000 patents) and Geneviève Férone (Vice President of The Nicolas Hulot Foundation for Nature and Mankind).

     

    This 1,000,000 € contest is supported by renowned partners:Agoranov (which will incubate one of the nominee projects), Zero Waste (which will bring its waste management expertize), Viva Technology (which will host the Award ceremony), La Ruche (which currently hosts our team), Make.org (which will share the Challenge within its civic tech community).

     

    Eric Philippon, FAMAE president : « We fund bright inventors to help them create simple and innovative solutions which can substantially improve the lives of hundreds of millionsof urban citizens while significantly alleviating their environmental footprint.Innovation Challenges help the emerging of disruptive solutions. Over the last 150 years, a trash bin has barely changed while the automotive industry has been through several quantum leaps! ».

     

    Please see: https://famae.earth/

     

    Contact on social networks Facebook / Twitter / Instagram / Linkedin : FAMAE Challenge

     

     

     

     
    MULTIMEDIA AVAILABLE :
    http://www.businesswire.com/news/home/20171114005141/en/

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    Business Wire India

    New research commissioned by Western Union shows that millennials across 15 countries are united by a belief in globalization, want the freedom to experience the opportunities it brings, and have a desire to play a role in shaping the future using technology. The survey of more than 10,000 millennials reveals that this group is confident that globalization will make the world a better place for themselves and others and are committed to leading the change.

     

    This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171115005572/en/

     
    Global Citizens (Graphic: Business Wire)

    Global Citizens (Graphic: Business Wire)

    The world—politically, economically, socially, and technologically—is in flux. But what does this all mean for our future? The Western Union Company (NYSE: WU) has commissioned a first-of-its-kind global study about millennials’ beliefs, hopes, and aspirations for the future and the world that they wish to shape for themselves and others.

     

    The 2017 Western Union Global Study—“Globalization: A World View of the Future—surveyed native, first-generation, and foreign-born people between the ages of 20-36 in Australia, Brazil, Canada, China, Egypt, Germany, India, Indonesia, Mexico, Russia, South Africa, United Arab Emirates, United Kingdom, United States, and Vietnam through online interviews. Most countries surveyed represent significant millennial populations.

     

    The survey shows that in sharp contrast to current geopolitics, this diverse group of tomorrow’s future shapers is united by a belief in a world of collaboration, unrestricted by geographical borders.

     

    Western Union President and Chief Executive Officer Hikmet Ersek said, “The world is changing and there is a new economic power shift driven by a new generation of global citizens. They are shaping the future, and inspiring others to do the same. They are redefining globalization to one of ‘personal globalization’ where the pursuit of limitless cross-border movement, cross-border digital communication, and creative lifestyle drives new economic power.

     

    “These inspiring future shapers are the leaders of tomorrow and are looking at how they want the world to be, not only for themselves, but for all. This generation is made up all kinds of future leaders—entrepreneurial, corporate, political, and social influencers. It is vitally important to understand what they think and what they want the world to look like,” said Ersek.

     

    Western Union operates in 200 countries and territories worldwide, and commissioned the survey to gain additional insights into the younger customers it serves through its digital channels.

     

    The following key findings are highlighted as important to millennials (please access supporting data in the Key Findings section below):

     

    Global Citizenship: The Way of the Future

     

    Global citizenship is pivotal for creating the world millennials want for the future, as they believe the concept of belonging to one individual country is outdated. Millennials view connection and collaboration as the most critical steps forward to achieving global citizenship.

     

    Freedom to Be Global Safeguards the Future

     

    The idea of limitless movement empowers millennials, as they believe it will allow them to control their destiny. The majority of millennials believe that creating a more open world will unlock opportunities for better job prospects and result in economic freedom, including the ease of money movement.

     

    Governing the Future

     

    Today, borders going up across the world—and politicians and governments reasserting the concept of the nation state—are leading many millennials to believe that these institutions are not representing their respective views. However, a significant number of millennials are adamant that collaboration is essential and believe that shaping the future is up to them, rather than institutions.

     

    Unity and Inclusiveness

     

    There are mixed sentiments regarding whether the world is at peace, given concerns that increased racism and nativism may pose a threat to global citizenship and an open world. Millennials believe the most important trait to eradicate social discrimination is ensuring that there is respect for diversity.

     

    In tribute to the future shapers of the world, please view Western Union’s #LiveMore #ShareMore. manifesto.

     

    WU-G

     

    About Western Union

     

    The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil, and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable, and convenient ways to send and receive money around the world, to send payments, and to purchase money orders. As of September 30, 2017, the Western Union, Vigo, and Orlandi Valuta branded services were offered through a combined network of over 550,000 agent locations in 200 countries and territories and over 150,000 ATMs and kiosks, and included the capability to send money to billions of accounts. In 2016, The Western Union Company completed 268 million consumer-to-consumer transactions worldwide, moving $80 billion of principal between consumers, and 523 million business payments. For more information, visit www.westernunion.com.

     

    The 2017 Western Union Global Study
    “Globalization: A World View of the Future” Key Findings:

     

    Global Citizenship: The Way of the Future

     

    Global citizenship is pivotal for creating the world millennials want for the future, as they believe the concept of belonging to one individual country is outdated. Millennials view connection and collaboration as the most critical steps forward to achieving global citizenship.

     
    • The majority see themselves as global citizens rather than a citizen of any one country. This view is shared regardless of if they are native, first generation, or foreign born (57%).
    • Approximately 90 percent agree that a better global future can be achieved through collaboration. They believe countries need to collaborate, rather than compete with one another, leading to a better global future (88%).
    • More than 8 in 10 state that the rise of social media has played a significant role in uniting the world, promoting transparency, encouraging debate on global issues, and contributing to greater community unity (84%).
    • Nearly two thirds believe that the free flow of technology (60%) and information (57%) across borders will become easier, but anticipate the flow of political ideas (61%) and people (60%) to become more difficult or remain stagnant.
    • The majority view connection as a critical step forward to achieve global citizenship. Staying connected to global news via social media (49%), connecting with people from different cultures (47%), travelling to new places (43%), and interacting with people that are different from themselves (42%) is their way of creating a world they want for the future.

    Freedom to Be Global Safeguards the Future

     

    The idea of limitless movement empowers millennials, as they believe it will allow them to control their destiny. The majority of millennials believe that creating a more open world will unlock opportunities for better job prospects and result in economic freedom, including the ease of money movement.

     
    • The desire for global citizenship is also about young people safeguarding their future. Almost eight in ten agree the thought of a future with limitless movement around the world empowers them (79%).
    • More than two thirds agree they are better off financially due to their ability to live and work in other countries (71%).
    • More than eight in ten agree that their ability to live and work in other countries will unlock opportunities for a better job and education (86%), and is a key component to their economic and personal freedom (82%).
    • There is also the hope that people and business will work together, and that the exchange of commerce and money will become easier by 2030. More than half believe that sending money to a person in another country is set to get easier by 2030 (56%), with one-third arguing that a single global currency would foster great global unity (29%).
    • Eventually, they believe that the world will take on a more globalized outlook, with 79 percent believing that the future will fit with the aspirations of global citizens.

    Governing the Future

     

    Today, borders going up across the world—and politicians and governments reasserting the concept of the nation state—are leading many millennials to believe that these institutions are not representing their respective views. However, a significant number of millennials are adamant that collaboration is essential and believe that shaping the future is up to them, rather than institutions.

     
    • More than eight in ten (88%) want to participate or have their say on future matters of global and national significance. They believe technology can enable individuals to make their voices heard more easily.
    • Seven out of ten believe future governments will be hybrids of democratic institutions and individuals—representing the power of people (70%).
    • More than two thirds believe that shaping the future is up to them as individuals, rather than governments (71%).
    • Forty percent believe the creation of a globalized world requires shared responsibility of all. This includes global and national stakeholders, such as international organizations, governments, the private sector, local communities, and individuals, all taking responsibility.
    • Many expressed concerns that governments today are not fulfilling their hopes or representing their generation’s views. Two thirds believe that global institutions like the United Nations are more representative of them, rather than national or local governments (61% vs. 48% and 44%). Out of the 15 countries surveyed, millennials in:
      • US, UK, Australia, Brazil, Mexico, and Germany said, after global institutions, their local government represented them better than their national governments.
      • China, Egypt, Indonesia, and Vietnam said, after global institutions, their national government represented them better than their local governments.
      • Canada, Russia, and the UAE said their national government represented them better than global institutions and their local governments.
      • And in India, they said, global institutions and national governments represent them equally, while in South Africa they believe that their national and local governments represented them equally, after global institutions.

    Unity and Inclusiveness

     

    There are mixed sentiments regarding whether the world is at peace, given concerns that increased racism and nativism may pose a threat to global citizenship and an open world. Millennials believe the most important trait to eradicate social discrimination is ensuring that there is respect for diversity.

     
    • Millennials are more divided than they are united about whether or not the world is currently at peace. Nearly 8 out of 10 say the world is more divided now than it was in 2015. More than half believe it will be more divided by 2030 (53%), while more than four out of 10 believe the world will be more united (47%).
    • Those surveyed identify racism and a fear of immigrants as the biggest threats to global citizenship and an open world (36%), followed by nationalist politics, religious differences, and outdated immigration policies.
    • The most important traits for achieving global citizenship and eradicating social discrimination is ensuring that there is respect for diversity and the ability to embrace other countries. Those surveyed identify respect for diversity (46%), the ability to embrace other cultures (43%), and adaptability (39%) as the most important traits of a global citizen.
    • These future shapers believe that tackling issues of racism, xenophobia, religious intolerance, gender inequality, and freedom to be anywhere in the world are important to creating an ideal future world. A future free of racism (42%); barriers based on gender, religion, culture, or nationality (38%); and the ability to live, work, and play anywhere in the world (37%) were cited as the three most important factors for success.

    The study consisted of a 15-country survey of 11,060 millennials (ages 20 to 36) with a +1.0% margin of error globally. The survey was completed in the following countries: Australia (n=1,104, +3.0%), Brazil (n=660, +4.0%), Canada (1,004, +3.0%), China (n=731, +3.0%), Egypt (n=578, +4.0%), Germany (n=505, +4.0%), India (n=844, +3.0%), Indonesia (n=716, +4.0%), Mexico (n=654, +4.0%), Russia (n=654,+4.0%), South Africa (n=664, +4.0%), the United Arab Emirates (n=500, +4.0%), the United Kingdom (n=1,009, +3.0%), the United States (n=1,004, +3.0%), and Vietnam (n=523, +4.0%). A full report for each country as well as the global results is available upon request. The research was conducted by Research Now via online interviews from September 26 to October 6, 2017.

     

     
    MULTIMEDIA AVAILABLE :
    http://www.businesswire.com/news/home/20171115005572/en/

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    Business Wire India

    As part of a major drive to identify and scale up zero-investment best practices by teachers in the country, Sri Aurobindo Society recently organised a grand exhibition in Agra GIC grounds. More than 150 teachers exhibited solutions to improve the quality of education in government schools, targeting a range of areas from girl child education, learning environment, enrolment and attendance, to school management. The exhibition saw eminent local leaders, school representatives, education officers from the entire Agra division present at the event and emerged as a platform to recognise teachers in the interiors of state and facilitate exchange of innovative ideas.

    Earlier, through its Zero Investment Innovations for Education Initiatives (ZIIEI) program funded by HDFC Bank, Sri Aurobindo Society has oriented 5.5lac teachers to innovation as a concept and ensured implementation of zero-investment ideas in nearly 1lac schools of Uttar Pradesh. In continuation of the effort, such exhibitions are being organised to reach out to thousands of teachers in Uttar Pradesh as well as 10 other states of the country.  

    “There are simple yet brilliant solutions devised by teachers that can significantly improve the quality of education in a classroom, at literally no cost to the school. ZIIEI and its exhibitions are to provide these teachers a platform to share their ideas and enable schools even in the remotest of areas or with bare minimum resources to replicate these best practices,” said Sambhrant, Director-Education, Sri Aurobindo Society.

    “Zero investment innovation concept has changed the way we think about education issues. We all have solutions and finally they are being heard through this event. Quality and equality in education seem like an achievable goal now with all our efforts combined,” said Meena Kumari, Teacher, Khera Garh, Agra.

    About Sri Aurobindo Society

    Sri Aurobindo Society, Puducherry (www.aurosociety.org) is a charitable organization, a research institute and an Institution of Importance Throughout India. For 57 years, it is working across the country for social change and transformation in Education, Women and Youth Empowerment, Health, Development of Children with Special Needs, Palliative care, Leadership and Management, Indian Culture, Sustainable Development and Renewable Energy, and Integral Rural Development.

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    Business Wire IndiaPrudent Corporate Advisory Services Ltd. (Prudent) has launched online empanelment process for IFAs. Now, IFAs can become Prudent Partner by following 5 simple steps. The process is completely paperless and IFAs can immediately start their business with Prudent.

    Prudent, through its dedicated portal Prudent Connect, provides online platform to IFAs to grow and expand their business.

    Advantage Prudent:

    Ideally, IFA should spend more time on acquiring new clients, advising clients, educating clients about markets and investments and reviewing portfolio periodically.

    But majority of the IFA’s time goes into -

    • Continuously following up with 40 AMCs
    • Transaction related work
    • Back office and Customer Services related work
    • After sales services - Maintaining records, preparing account statements, etc.
    • Brokerage Reconciliation
    • Query Resolution
    Due to this they get very less time to focus on their business.

    The platform addresses this issue and it provides all the features and flexibility which helps an IFA in saving time and trimming costs.
    • Dedicated online desk for Partners and Clients
    • Client login facility through Partner’s website
    • Various analytical tools to grow business
    • Secure and user friendly Online Transaction facility – FundzBazar
    • Automated form filling
    • Mobile App for Partners (Android and iOS) and their clients (Android and iOS)
    FundzBazar: Do your Business Anytime and from Anywhere

    Now IFAs don’t have to fill forms, visit clients to get the forms signed & to collect cheques and submit forms to AMCs. FundzBazar, the online mutual fund investment platform launched by Prudent, provides online transaction facility to IFAs.

    With FundzBazar, IFAs can manage their business and clients anytime and from anywhere irrespective of any geographical boundaries.

    Not just that, FundzBazar comes with a unique feature – Partner Initiated Transaction. Here, IFAs can send a personalised transaction request to their clients and the same can be executed with the client’s consent at a simple click and completion of the relevant banking transaction. This not only saves time and transaction cost but also reduces the error and failure rate in transactions.

    Partner Recognition:

    Prudent organizes Prudent Loyalty Club program every year to recognise and reward the contribution of its Partners. The program is designed to drive new business, increase productivity and demonstrate business value for long term relationship.
    About Prudent Group

    Prudent is an Integrated Wealth Management group having more than 17 years of experience in financial advisory and distribution business. It has diversified business vertical across Mutual fund distribution, Life and General Insurance, Equities, Derivatives & Commodities, Fixed income Products, Third party Products and Real Estate distribution.

    Prudent manages Rs. 14, 644 Crore AUM and is having a wide network of 66 branches in 19 states with 9200+ channel partners catering to 4.45 lakhs+ clients with no. of live SIPs of 6.04 Lakhs+.

    For more information, visit: www.prudentconnect.comwww.prudentcorporate.comwww.fundzbazar.com

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    Business Wire IndiaPayoneer, an innovative cross-border payments company that drives global commerce, held the first-ever eCommerce forum in India last week, bringing together over 500 Indian eCommerce exporters with top ranking global marketplaces, local leaders from the banking industry, export policy experts and service providers. The daylong event in Delhi, titled “International Commerce: Grow Beyond Borders” was a truly unique learning opportunity for India’s cross-border eCommerce community.
     
    “It was an incredible experience to take part in the Delhi event”, noted Payoneer CEO Scott Galit, who was a keynote speaker at the event. “While sellers in India have great products, and are hungry for growth, they are relatively new to digital commerce and to international sales. I look forward to working with our local team in India to continue to grow our presence and investment in the local eCommerce community. We see endless potential here and are always looking for opportunities to help local businesses in India grow.”
     
    At the forum, sellers heard from marketplace experts from Amazon, eBay, Etsy, Google, Teespring, Tophatter and Shopify. These platforms were looking to further expand globally and enrich their product offering by onboarding local Indian sellers, and spoke on topics such as building a global brand and understanding the global consumer.
     
    “I met new-to-India marketplace managers like Etsy and Tophatter. These marketplaces are a great way for me to expand my consumer reach for handmade and unique products made in India,” said Abhishek Middha, Founder, And Exports.
     
    Banking industry leaders and expert trade policy experts also met with Indian sellers to discuss the challenges in cross-border trade and shared insights to grow their businesses. In addition, service providers and Payoneer partners that specialize in a range of services for online sellers - be it shipping, imaging, cataloging or consumer trends – discussed how sellers can optimize their offering to compete on a global scale and get the required edge to succeed in a competitive marketplace. More than 12 service providers attended, including companies like Eunimart, Delhivery and SFC logistics.
     
    Rohit Kulkarni, Country Manager of Payoneer added, “We want sellers to put their best foot forward when it comes to global markets. Through events like these, sellers are able to increase their capabilities and truly become a world-class business. We look forward to many more local events like this in the future.” 
    About Payoneer

    Payoneer empowers global commerce by connecting businesses, professionals, countries and currencies with its innovative cross-border payments platform. In today's borderless digital world, Payoneer enables millions of businesses and professionals from more than 200 countries to reach new audiences by facilitating seamless, cross-border payments. Additionally, thousands of leading corporations including Airbnb, Amazon, Getty Images, Google and UpWork rely on Payoneer's mass payout services. With Payoneer's fast, flexible, secure and low-cost solutions, businesses and professionals in both developed and emerging markets can now pay and get paid globally as easily as they do locally. Founded in 2005 and based in New York, Payoneer is venture-backed, profitable and ranked in the top 100 of Inc. 5000's Financial Services companies, and was awarded a spot on the 2017 CNBC Disruptor 50 list.

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    Business Wire IndiaResults figures

    • Alankit Ltd. records strong growth of 32% in gross revenue in Q2 FY18 as compared with Q2 FY17
    • Revenue recorded in Q2 FY18 is Rs. 24.65 cr, 32% up from Rs.18.62cr in Q2 FY17
    • Profit before Tax up by Rs.7.22 cr, at 168% as compared to Rs. 2.69 cr in Q2 FY17
    • Profit after Tax up by Rs.5.76 cr, at 252% as compared to Rs. 1.64 in Q2 FY17
    • EBITA Q2 FY18 saw a growth of 174% compared with Q2 FY17, standing at Rs 7.36 cr
    Business announcements
    • Alankit Ltd. plans to further expand its base and operations in Gulf (applying for GULF-VAT license)
    • Alankit Ltd. plans to apply for two RBI licenses – P2P and FFMC
    Alankit Limited is a flagship company of the Alankit Group listed on both the premier stock exchanges of the country, NSE and BSE. The company announced the results for the second quarter (Q2) of the financial year 2017-18. The company has registered notable growth across all metrics of performance with a revenue of Rs. 24.65 cr, which is 32% higher than previous comparable quarter of FY 16-17.

    For H1-FY18, the gross revenue stands at Rs. 53.48 cr, Alankit Limited recorded a remarkable growth of 68%. In terms of EBITA, the company registered a growth of 179% with the figure touching Rs. 14.14 cr. The company’s EPS ranged around 0.72 and profit after tax grew by 192%, standing at Rs. 10.32 crore.

    Speaking about the results and company’s outlook, Mr. Alok Kumar Agarwal, Chairman and Director, Alankit Limited expressed “we are delighted with the growth trajectory of the company. We have aligned our vision to that of the Government of India and are continuously providing digital solutions that would benefit Indian citizens and businesses alike. We are working vigorously for creating a robust IT infrastructure as per GSTN specification for furthermore expansion and effective implementation of the futuristic GST regime. In parallel to ongoing initiatives, we thank all our investors for bestowing their trust and confidence in us.” 

    Commenting on the performance, Mr. Ankit Agarwal, Managing Director, Alankit Limited said, “Alankit Limited is committed to providing e-Governance services and more to Indian citizens. With the government’s increased focus on greater level of governance and transparency on back of digitization, our focus has been to provide the best in class solutions that equip Indians to seamlessly get on the digital wagon. The highlight for us this quarter has been the successful implementation of GST solutions.”

    Some critical discussion points on the board meeting held today, included:
    • Alankit Ltd. as part of a joint venture in the UAE, will seek license for Gulf-VAT, FFMC (Full-fledged money changer) and P2P (Peer to Peer lending).
    • With Alankit Ltd. successfully equipping businesses to file and comply GST returns in India, it is taking the expertise to the Middle East with VAT being implemented in the UAE from 1st January, 2018.
    • FFMC is authorized by the Reserve Bank to deal in foreign exchange for specified purposes.
    • P2P license (RBI license) will establish Alankit Ltd. as an aggregator and help individuals looking to invest small sums of money at a higher interest rate.
    Notes to the editor:
    GST implementation by Alankit Ltd.

    Alankit Ltd. is a Government to Citizen Company with prime focus on e-Governance product and services like PAN, AADHAAR, GST implementation etc. Alankit Ltd. introduced GST Muneemji, a cloud based solution which helps businesses record their invoices on this platform for further filing on GSTN Network. As part of spreading awareness and getting businesses on board with GST for increased compliance, the company initiated an evangelization drive throughout the nation covering 22 cities, including metros and tier II towns (Delhi, Mumbai, Bangalore, Chennai, Hyderabad, Cochin, Ahemdabad, Indore, Guwahati, Raipur, Vishkhapatnam, Lucknow and Chandigarh). Alankit Ltd. also launched GST Saarthi, which is targeted towards small traders & unorganized businesses with the aim to streamline the process of GST filing. It helps small traders in Business Accounting, helps SMBs to get onboard, take payments through cards/Aadhaar Biometrics, etc. Alankit GST Saarthi PoS device would incorporate a tablet, a debit/ credit card swiping option and a small printer along with a fingerprint scanner for Aadhaar enabled payments.

    The government has emphasized its commitment to GST and is moving ahead on key initiatives such as better tax compliance, and plugging in leakages through measures like linking Aadhaar and PAN. Implementation of GST is expected to have far reaching effects by bringing large parts of the informal economy into the formal system where compliance and accountability standards are of a higher order. Currently, Alankit Ltd. has a network of 2250 TIN/PAN centers/GST Suvidha Kendra and with advent of GST, the company plans to double its footprint over next few months across the nation. 
    About Alankit Ltd.’s journey of 25 years

    Alankit Ltd. is a 25-year-old entity which has been operating across the diverse spectrum of financial services, e-Governance, insurance and healthcare services. Alankit Assignments Ltd., one of the leading affiliated companies of the group commenced business operations in 1995 and was recently the registrar of one of India’s largest ever public-sector IPO – HUDCO. With a network of over 5000 centers, Alankit has direct presence in more than 673 cities across India. The company also has presence in international frontiers with presence in UAE, UK and Singapore. After building strong and successful portfolio in financial services and e-Governance space with offerings like UID enrolment (Aadhaar), TIN and PAN facilitation, IWRC, e-Return intermediary and more, a recent milestone for the company has been identification and authorization by GSTN as a GST Suvidha Provider (GSPs).

    About Alankit Ltd.

    Alankit Ltd. (BSE: 531082, NSE: ALANKIT), part of Alankit Group and a leading e-Governance Service Provider in India. Alankit Group is a conglomerate of 12 Group companies with diversified activities into e-Governance, Financial Services, Insurance and Health Care verticals. Alankit is a professionally managed Group, led by a team of level headed personnel with outstanding managerial acumen. With a customer base of over 20 Million, this is increasing steadily year after year.

    Alankit Ltd.’s services include GSP (GST Suvidha Provider), TIN Facilitation Center & PAN Center, UID Enrolment (Aadhaar), Business Correspondent (BC), Printing of PVC Aadhaar Card, Aadhaar Seeding, National Distributor for Entrust Datacard Printers, Authentication User Agency (AUA), KYC User Agency (KUA), Distribution Agency for EESL, POP- National Pension System (NPS), Authorized Person (AP) for National Insurance - policy Repository (NIR), Point of Service (POS) for National Skills Registry (NSR), Facilitator for Atal Pension Yojana (APY), Manpower Services, Scanning and Digitization of Medical Records- www. recordxpert.com etc.

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    Business Wire India

    Vocalink, a Mastercard company, supports The Clearing House (TCH) in the launch of RTP®, its transformative real-time payment system in the U.S., which empowers consumers and businesses to send and receive immediate payments domestically. Financial processes that used to take days can now be concluded in seconds. Two banks – U.S. Bank and BNY Mellon – have completed the first live transactions.

     

    At its core, the technology behind The Clearing House’s RTP system is an evolution of Vocalink’s highly successful and reliable systems developed for the U.K., Singapore and Thailand. These real-time solutions sit at the centre of the global payments infrastructure and have been designed to ‘run on their own rails’, working alongside and between conventional settlement systems.

     

    The TCH system operates 24/7 to process credit transfers, requests for payment, requests for information, confirmation messages, returned and rejected payments and system and service related messages. It also integrates support for multiple transaction channels, including online and mobile.

     

    “The U.S. can now claim a leading position in real-time payment solutions. Working together with The Clearing House, we have delivered a best-in-class, functionally rich system capable of meeting the demands of today’s U.S. economy while building a system robust enough and flexible enough for further innovation,” said Paul Stoddart, CEO, Vocalink, a Mastercard company. “Now the U.S. is not only aligned with other markets, but is a trailblazer in the payments sector, providing consumers, businesses, banks and governments with the choice they demand.”

     

    The revolutionary payment system supports interoperability across the global payments landscape. It will reach the largest number of financial institutions and accounts and allows for ease of integration with TCH’s third-party services, supporting anti-fraud, and compliance processes.

     

    “The launch of our RTP system, which was developed using Vocalink’s technology, is a significant development for America’s banks, consumers and businesses. Not only will people be able to process payments in seconds, but the system offers a suite of payment-related communications,” said Jim Aramanda, CEO, The Clearing House. “We will provide increased efficiency and solve problems for businesses large and small as they track and reconcile payments. This new capability provides an opportunity for banks and others to add value for their customers.”

     

    About Vocalink

     

    A Mastercard company, Vocalink designs, builds and operates industry-leading bank account-based payment systems. Our technologies power the UK’s real-time payments, settlements and direct debit systems, as well as the UK’s network of over 70,000 ATMs. In 2016, we processed over 90 percent of salaries, more than 70 percent of household bills and almost all state benefits in the UK. In addition, our proven real-time bank account-based payment solutions provide more payment choice to customers in Singapore, Thailand and, soon, the United States. For payment news and insight from Vocalink visit CONNECT - http://connect.Vocalink.com/

     

     

     

     

     

     

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    Business Wire India

    Empire City Casino at Yonkers Raceway, one of the largest casinos in the U.S. and one of only two casinos licensed to serve the New York City metropolitan area, today announced that it has initiated a process to explore alternatives, including strategic partnerships, to best position this leading gaming and entertainment facility for the future. Empire City serves more than 16 million eligible gaming customers in southern New York and is located only fifteen miles from Times Square in Manhattan.

     

    The Rooney family, which has owned Empire City Casino and Yonkers Raceway for over 45 years, seeks the right strategic partner to enable the transformation of the iconic, nearly 100-acre property into one of the world’s greatest entertainment destinations.

     

    “Since 1899, Empire City has served its community and customers through its exceptional commitment to the creation of an unparalleled gaming and racing experience,” said Timothy J. Rooney, President and CEO of Empire City. “We believe our prime location and outstanding accessibility will serve as a unique platform to create one of the world’s leading gaming, hospitality, and entertainment venues. We are excited to explore opportunities with potential partners who can build on the strong foundation we have established.”

     

    There can be no assurance that the process will result in a transaction, or on the terms or timing of such a transaction, if undertaken. No definitive schedule to complete the search has been set. To assist in the process, J.P. Morgan Securities LLC has been retained as the financial advisor. Any developments with respect to the review of alternatives will not be disclosed until a definitive agreement has been reached, and all reviews are concluded.

     

     

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    Business Wire India

    Visa (NYSE:V) today announced the addition of three athletes who make up the Nigerian Women’s Bobsled Team to Team Visa, currently training to become the first ever African representatives, men or women, to qualify for the Olympic Winter Games in the sport of Bobsled. Together, Bobsled pilot Seun Adigun, and brakemen Ngozi Onwumere and Akuoma Omeoga, combine their elite track backgrounds to chase their bobsled dreams.

     

    This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171115005320/en/

     
    Visa Welcomes the Nigerian Women’s Bobsled Team to Team Visa for the Olympic Winter Games PyeongChan ...

    Visa Welcomes the Nigerian Women’s Bobsled Team to Team Visa for the Olympic Winter Games PyeongChang 2018. From left to right: brakeman Ngozi Onwumere, pilot Seun Adigun, and brakeman Akuoma Omeoga. (Photo: Business Wire)

    Without access to proper training equipment or valuable ice time to perfect their skills, the members of the Nigerian Women’s Bobsled Team started their journey on the snow-less grounds of Houston, Texas, in a wooden sled they nicknamed ‘The Maeflower.’ Once the team set their sights on the Olympic Winter Games PyeongChang 2018, they established a crowdfunding website hoping to raise the much-needed funds to get to PyeongChang. Upon discovering the page, Visa was inspired by their story and determination to carve out a place in history and pledged to help solidify the team’s trip to the Olympic Winter Games.

     

    “When we first heard their story we recognized the collective spirit of these athletes as a perfect fit for Team Visa,” said Chris Curtin, chief brand and innovation marketing officer at Visa. “By joining Team Visa, we hope to provide this group of determined athletes with a global stage to tell their story and inspire athletes all over the world to follow their dreams and never give up.”

     

    The athleticism and determination of each member of the Nigerian Women’s Bobsled Team is palpable, as they push to rewrite history in their sport:

     
    • Seun Adigun (Nigeria, Bobsled Driver): Adigun represented Nigeria in the 100m hurdles at the London 2012 Olympic Games. Wanting to get back on the Olympic stage, she began training for bobsled in 2014.
    • Ngozi Onwumere (Nigeria, Bobsled Breakmen): Onwumere, a former competitive sprinter, clinched a Silver and Gold medal at the 2015 African Games in Republic of the Congo in the 200m and 4x100m relay, respectively. Onwumere started training after being recruited by Adigun in 2016.
    • Akuoma Omeoga (Nigeria, Bobsled Breakmen): Omeoga is a graduate of the University of Minnesota where she was a sprinter for the university’s track and field team, competing in the 100m and 200m races. The Olympic Winter Games PyeongChang 2018 will be the first time she is representing Nigeria.

    “Already the support and encouragement we have felt as part of Team Visa has been a dream come true,” said Seun Adigun, driver of the Nigerian Women’s Bobsled Team. “We are proud to be part of a team that shares our mission and has connected us with the resources we needed to reach our goal, and hopefully empower others to do the same.”

     

    Since the program began in 2000, Team Visa has supported over 400 Olympic and Paralympic Athletes and hopefuls by providing them with the tools, resources and support they need to reach their highest potential, regardless of origin or background. Team Visa features a diverse group of Olympic and Paralympic athletes who embody our core values – acceptance, partnership and innovation – and was cultivated with the global reach of the Olympic and Paralympic Games in mind.

     

    The women of the Nigerian Women’s Bobsled Team joins Team Visa’s diverse roster of athletes, which includes: Mikaela Shiffrin (USA), Chloe Kim (USA), Gus Kenworthy (USA), Hilary Knight (USA), Oksana Masters (USA), Mark McMorris (Canada), Lee Sang-Hwa (South Korea), Kamil Stoch (Poland) and others.

     

    For additional information on Team Visa, follow along at @VisaNews on Twitter and visit www.visa.com.

     

    About Visa Inc.

     

    Visa Inc. (NYSE:V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit usa.visa.com/aboutvisavisacorporate.tumblr.com and @VisaNews.

     

     

     

     
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    IDEMIA, the global leader in trusted identities for an increasingly digital world, announced that MOTION CODE™ cryptograms can be deployed faster reducing drastically the time to market for banks so that they can immediately begin offering this unique payment solution to consumers.

     

    Based on the Visa’s dCVV2 specification, MOTION CODE™ will be seamless for issuers to get started with a dynamic payment card by removing the need for any system upgrade. It will facilitate the deployment of MOTION CODE™ payment cards from IDEMIA to secure Card-Not-Present (CNP) payments such as online transactions.

     

    This is a major step in protecting online transactions. Card issuers will now be able to easily use the Visa dCVV2 Authenticate service rather than having to integrate a dedicated server, which can take time and resources. This means MOTION CODE™ cards will be deployed faster, and consumers’ identification and payments will be better protected,” said Eric Duforest, Executive Vice-President for Financial Institutions activities at IDEMIA.

     

    MOTION CODE™ adds a new layer of security to online transactions. It reduces CNP fraud and it is completely frictionless to the cardholders and retailers. The static printed code (CVV2) is replaced by a mini-screen that displays an automatically refreshed code generated by an algorithm (dynamic CVV2). It significantly reduces the value of stolen codes, as the issuer can identify old codes and decline the transaction.

     

    In addition, MOTION CODE™ has proven during the ongoing roll outs to be a great customer acquisition product. Consumers like the innovation and this card becomes very quickly their “Top of Wallet” preferred card.

     

    MOTION CODE™ is already in the hands of cardholders in Europe and Asia. Card issuers in most regions of the world will now be able to rapidly deploy MOTION CODE™.

     

    About IDEMIA

     

    OT-Morpho is now IDEMIA, the global leader in trusted identities for an increasingly digital world, with the ambition to empower citizens and consumers alike to interact, pay, connect, travel and vote in ways that are now possible in a connected environment.

     

    Securing our identity has become mission critical in the world we live in today. By standing for Augmented Identity, we reinvent the way we think, produce, use and protect this asset, whether for individuals or for objects. We ensure privacy and trust as well as guarantee secure, authenticated and verifiable transactions for international clients from Financial, Telecom, Identity, Public Security and IoT sectors.

     

    With close to €3bn in revenues, IDEMIA is the result of the coming together of OT (Oberthur Technologies) and Safran Identity & Security (Morpho). This new company counts 14,000 employees of more than 80 nationalities and serves clients in 180 countries.

     

    For more information, visit www.idemia.com / Follow @IdemiaGroup on Twitter

     

     

     

     

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    Business Wire India

    On November 15th, to mark the occasion of World Recycling Day, FAMAE will officially launch its 1st Innovation Challenge seeking pragmatic, efficient, durable, universal and money-saving solutions to reduce or recycle the yearly waste generated by an urban family (using if necessary existing solutions).

     

    This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171114005141/en/

     

    Waste Reduction and Waste Recycling: the 1,000,000€ FAMAE Innovation Challenge is launched. ©Antoine ...

    Waste Reduction and Waste Recycling: the 1,000,000€ FAMAE Innovation Challenge is launched. ©Antoine Repessé - #365 Unpacked

    This Innovation Challenge primarilytargets top universities (students, researchers …), enterprises (SMEs, startups, incubators …) and philanthropic actors (NGOs, social entrepreneurs …). This 1 000 000€ contest is one of the largest competitions ever launched in the world.

     

    Inspired by the COP21 Paris Agreement ratified by 166 nations on December 12th, 2015, FAMAE is committed to making our planet green again!

     

    The Innovation Challenge is open to everybody. Candidates are able to apply through a simple process on a secured IT platform, from November 15 (2017) to February 15 (2018). Selection of projects and nominees will occur until May 2018 while more information will be required from applicants.

     

    A dedicated jury will review all the applicants’ projects and carry out the final selection in the spring of 2018. The members of the jury are representatives fromAgoranov, Zero Waste, other Greentech experts, FAMAE founder Eric Philippon, Cedric Villani (renowned scientist, Fields Medal winner in 2010 …), Jacques Lewiner (Scientist and renowned inventor with 1000 patents) and Geneviève Férone (Vice President of The Nicolas Hulot Foundation for Nature and Mankind).

     

    This 1,000,000 € contest is supported by renowned partners:Agoranov (which will incubate one of the nominee projects), Zero Waste (which will bring its waste management expertize), Viva Technology (which will host the Award ceremony), La Ruche (which currently hosts our team), Make.org (which will share the Challenge within its civic tech community).

     

    Eric Philippon, FAMAE president : « We fund bright inventors to help them create simple and innovative solutions which can substantially improve the lives of hundreds of millionsof urban citizens while significantly alleviating their environmental footprint.Innovation Challenges help the emerging of disruptive solutions. Over the last 150 years, a trash bin has barely changed while the automotive industry has been through several quantum leaps! ».

     

    Please see: https://famae.earth/

     

    Contact on social networks Facebook / Twitter / Instagram / Linkedin : FAMAE Challenge

     

     

     

     
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    New research commissioned by Western Union shows that millennials across 15 countries are united by a belief in globalization, want the freedom to experience the opportunities it brings, and have a desire to play a role in shaping the future using technology. The survey of more than 10,000 millennials reveals that this group is confident that globalization will make the world a better place for themselves and others and are committed to leading the change.

     

    This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171115005572/en/

     
    Global Citizens (Graphic: Business Wire)

    Global Citizens (Graphic: Business Wire)

    The world—politically, economically, socially, and technologically—is in flux. But what does this all mean for our future? The Western Union Company (NYSE: WU) has commissioned a first-of-its-kind global study about millennials’ beliefs, hopes, and aspirations for the future and the world that they wish to shape for themselves and others.

     

    The 2017 Western Union Global Study—“Globalization: A World View of the Future—surveyed native, first-generation, and foreign-born people between the ages of 20-36 in Australia, Brazil, Canada, China, Egypt, Germany, India, Indonesia, Mexico, Russia, South Africa, United Arab Emirates, United Kingdom, United States, and Vietnam through online interviews. Most countries surveyed represent significant millennial populations.

     

    The survey shows that in sharp contrast to current geopolitics, this diverse group of tomorrow’s future shapers is united by a belief in a world of collaboration, unrestricted by geographical borders.

     

    Western Union President and Chief Executive Officer Hikmet Ersek said, “The world is changing and there is a new economic power shift driven by a new generation of global citizens. They are shaping the future, and inspiring others to do the same. They are redefining globalization to one of ‘personal globalization’ where the pursuit of limitless cross-border movement, cross-border digital communication, and creative lifestyle drives new economic power.

     

    “These inspiring future shapers are the leaders of tomorrow and are looking at how they want the world to be, not only for themselves, but for all. This generation is made up all kinds of future leaders—entrepreneurial, corporate, political, and social influencers. It is vitally important to understand what they think and what they want the world to look like,” said Ersek.

     

    Western Union operates in 200 countries and territories worldwide, and commissioned the survey to gain additional insights into the younger customers it serves through its digital channels.

     

    The following key findings are highlighted as important to millennials (please access supporting data in the Key Findings section below):

     

    Global Citizenship: The Way of the Future

     

    Global citizenship is pivotal for creating the world millennials want for the future, as they believe the concept of belonging to one individual country is outdated. Millennials view connection and collaboration as the most critical steps forward to achieving global citizenship.

     

    Freedom to Be Global Safeguards the Future

     

    The idea of limitless movement empowers millennials, as they believe it will allow them to control their destiny. The majority of millennials believe that creating a more open world will unlock opportunities for better job prospects and result in economic freedom, including the ease of money movement.

     

    Governing the Future

     

    Today, borders going up across the world—and politicians and governments reasserting the concept of the nation state—are leading many millennials to believe that these institutions are not representing their respective views. However, a significant number of millennials are adamant that collaboration is essential and believe that shaping the future is up to them, rather than institutions.

     

    Unity and Inclusiveness

     

    There are mixed sentiments regarding whether the world is at peace, given concerns that increased racism and nativism may pose a threat to global citizenship and an open world. Millennials believe the most important trait to eradicate social discrimination is ensuring that there is respect for diversity.

     

    In tribute to the future shapers of the world, please view Western Union’s #LiveMore #ShareMore. manifesto.

     

    WU-G

     

    About Western Union

     

    The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil, and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable, and convenient ways to send and receive money around the world, to send payments, and to purchase money orders. As of September 30, 2017, the Western Union, Vigo, and Orlandi Valuta branded services were offered through a combined network of over 550,000 agent locations in 200 countries and territories and over 150,000 ATMs and kiosks, and included the capability to send money to billions of accounts. In 2016, The Western Union Company completed 268 million consumer-to-consumer transactions worldwide, moving $80 billion of principal between consumers, and 523 million business payments. For more information, visit www.westernunion.com.

     

    The 2017 Western Union Global Study
    “Globalization: A World View of the Future” Key Findings:

     

    Global Citizenship: The Way of the Future

     

    Global citizenship is pivotal for creating the world millennials want for the future, as they believe the concept of belonging to one individual country is outdated. Millennials view connection and collaboration as the most critical steps forward to achieving global citizenship.

     
    • The majority see themselves as global citizens rather than a citizen of any one country. This view is shared regardless of if they are native, first generation, or foreign born (57%).
    • Approximately 90 percent agree that a better global future can be achieved through collaboration. They believe countries need to collaborate, rather than compete with one another, leading to a better global future (88%).
    • More than 8 in 10 state that the rise of social media has played a significant role in uniting the world, promoting transparency, encouraging debate on global issues, and contributing to greater community unity (84%).
    • Nearly two thirds believe that the free flow of technology (60%) and information (57%) across borders will become easier, but anticipate the flow of political ideas (61%) and people (60%) to become more difficult or remain stagnant.
    • The majority view connection as a critical step forward to achieve global citizenship. Staying connected to global news via social media (49%), connecting with people from different cultures (47%), travelling to new places (43%), and interacting with people that are different from themselves (42%) is their way of creating a world they want for the future.

    Freedom to Be Global Safeguards the Future

     

    The idea of limitless movement empowers millennials, as they believe it will allow them to control their destiny. The majority of millennials believe that creating a more open world will unlock opportunities for better job prospects and result in economic freedom, including the ease of money movement.

     
    • The desire for global citizenship is also about young people safeguarding their future. Almost eight in ten agree the thought of a future with limitless movement around the world empowers them (79%).
    • More than two thirds agree they are better off financially due to their ability to live and work in other countries (71%).
    • More than eight in ten agree that their ability to live and work in other countries will unlock opportunities for a better job and education (86%), and is a key component to their economic and personal freedom (82%).
    • There is also the hope that people and business will work together, and that the exchange of commerce and money will become easier by 2030. More than half believe that sending money to a person in another country is set to get easier by 2030 (56%), with one-third arguing that a single global currency would foster great global unity (29%).
    • Eventually, they believe that the world will take on a more globalized outlook, with 79 percent believing that the future will fit with the aspirations of global citizens.

    Governing the Future

     

    Today, borders going up across the world—and politicians and governments reasserting the concept of the nation state—are leading many millennials to believe that these institutions are not representing their respective views. However, a significant number of millennials are adamant that collaboration is essential and believe that shaping the future is up to them, rather than institutions.

     
    • More than eight in ten (88%) want to participate or have their say on future matters of global and national significance. They believe technology can enable individuals to make their voices heard more easily.
    • Seven out of ten believe future governments will be hybrids of democratic institutions and individuals—representing the power of people (70%).
    • More than two thirds believe that shaping the future is up to them as individuals, rather than governments (71%).
    • Forty percent believe the creation of a globalized world requires shared responsibility of all. This includes global and national stakeholders, such as international organizations, governments, the private sector, local communities, and individuals, all taking responsibility.
    • Many expressed concerns that governments today are not fulfilling their hopes or representing their generation’s views. Two thirds believe that global institutions like the United Nations are more representative of them, rather than national or local governments (61% vs. 48% and 44%). Out of the 15 countries surveyed, millennials in:
      • US, UK, Australia, Brazil, Mexico, and Germany said, after global institutions, their local government represented them better than their national governments.
      • China, Egypt, Indonesia, and Vietnam said, after global institutions, their national government represented them better than their local governments.
      • Canada, Russia, and the UAE said their national government represented them better than global institutions and their local governments.
      • And in India, they said, global institutions and national governments represent them equally, while in South Africa they believe that their national and local governments represented them equally, after global institutions.

    Unity and Inclusiveness

     

    There are mixed sentiments regarding whether the world is at peace, given concerns that increased racism and nativism may pose a threat to global citizenship and an open world. Millennials believe the most important trait to eradicate social discrimination is ensuring that there is respect for diversity.

     
    • Millennials are more divided than they are united about whether or not the world is currently at peace. Nearly 8 out of 10 say the world is more divided now than it was in 2015. More than half believe it will be more divided by 2030 (53%), while more than four out of 10 believe the world will be more united (47%).
    • Those surveyed identify racism and a fear of immigrants as the biggest threats to global citizenship and an open world (36%), followed by nationalist politics, religious differences, and outdated immigration policies.
    • The most important traits for achieving global citizenship and eradicating social discrimination is ensuring that there is respect for diversity and the ability to embrace other countries. Those surveyed identify respect for diversity (46%), the ability to embrace other cultures (43%), and adaptability (39%) as the most important traits of a global citizen.
    • These future shapers believe that tackling issues of racism, xenophobia, religious intolerance, gender inequality, and freedom to be anywhere in the world are important to creating an ideal future world. A future free of racism (42%); barriers based on gender, religion, culture, or nationality (38%); and the ability to live, work, and play anywhere in the world (37%) were cited as the three most important factors for success.

    The study consisted of a 15-country survey of 11,060 millennials (ages 20 to 36) with a +1.0% margin of error globally. The survey was completed in the following countries: Australia (n=1,104, +3.0%), Brazil (n=660, +4.0%), Canada (1,004, +3.0%), China (n=731, +3.0%), Egypt (n=578, +4.0%), Germany (n=505, +4.0%), India (n=844, +3.0%), Indonesia (n=716, +4.0%), Mexico (n=654, +4.0%), Russia (n=654,+4.0%), South Africa (n=664, +4.0%), the United Arab Emirates (n=500, +4.0%), the United Kingdom (n=1,009, +3.0%), the United States (n=1,004, +3.0%), and Vietnam (n=523, +4.0%). A full report for each country as well as the global results is available upon request. The research was conducted by Research Now via online interviews from September 26 to October 6, 2017.

     

     
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    Business Wire India

    Envion AG has created a technology for the first truly mobile data-center that uses low-priced local energy to mine a broad spectrum of cryptocurrencies (Bitcoin, Ethereum, etc.). By harvesting locally available clean energy right at the source, envion can operate at lower costs than competitors and at the same time reduces the CO2 footprint of the blockchain industry. Envion aims at decentralizing the highly-concentrated mining market (China holds 80% in Bitcoin mining) and at bringing control of the market back to the users. That’s why envion gives 100% of its mining profits back to its community.

     

    This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171117005011/en/

     


    Envion - World's Most Profitable Standard of Self-Expanding Crypto Infrastructure (Photo: Business W ...

    Envion - World's Most Profitable Standard of Self-Expanding Crypto Infrastructure (Photo: Business Wire)

    Current challenges in the energy and blockchain industries

     

    The blockchain industry is suffering from an ever-increasing energy demand. This can mainly be explained by the fact that transactions take up high amounts of mostly fossil energy. At the same time, envion sees an ever-increasing production of clean regenerative energy, which frequently gets lost due to maxed out energy grids. This results in locally available excess energy, as solar power plants produce overcapacities. These overcapacities can now efficiently be used by envion’s innovative mobile mining units.

     

    Envion’s solutions

     

    Envion has developed fully automated (“industry 4.0”), mobile mining units (MMU) inside standardized intermodal shipping containers that can be shipped to virtually any location in the world within days or weeks, decentralizing the blockchain infrastructure. Envion mobile mining units are designed and built to operate at remote locations near energy sources such as solar plants, wind turbines or hydropower plants. This allows envion to make use of energy overcapacities in a profitable setting. The mobility of the MMU furthermore allows for targeted placement of the units at sites requiring thermal energy and can be used for heating. This way, envion recycles energy consumed in the MMU for external heating purposes in buildings or greenhouses and achieves revolutionarily low electricity prices.

     

    Envion’s MMUs can be integrated into a smart grid and flexibly move energy demand closer to energy supply and hence, take the burden off the grid.

     

    Investment opportunities

     

    Envion’s ambitious goal is to have the lowest cost structure in the blockchain mining industry. By combining GPU-based mining with ASIC mining, investors in EVN tokens receive a 161% ROI after administrative deductions, according to envion’s whitepaper. Its unique position as the only truly mobile mining operation combined with a tested, optimized and streamlined technology puts them among the top players, even in this highly competitive market - but with considerably lower risks involved. The key aspect here is that, following a community-approach, 100% of mining profits will directly go to the EVN token holder community. 75% of this will be distributed to token holders on a weekly basis, the remaining 25% will be re-invested in MMUs to keep on growing the profits for the community. The pioneering company does not stop here, however, they construct and operate mobile mining units for third party operations as well. This means that third party investors acquire envion hardware, while 35% of these profits go directly to EVN token holders.

     

    Altogether this looks like the best way to invest into the high dividend blockchain industry and at the same time minimize risks as envion is not dependent on a single market player.

     

    The investment period (ICO) starts Dec. 1st, 2017. Visit www.envion.org for more information.

     

     

     

     
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    Vocalink, a Mastercard company, was last night awarded with two prestigious awards - The Overall Winner and the Payments Infrastructure of the Year Award, for its leading technology and expertise, and in recognition for a milestone year that saw Vocalink’s solutions transform the way people and businesses move money across the globe.

     

    2017 saw Vocalink deliver ground-breaking immediate payments solutions both in the US and Thailand as well as enabling access to the UK payments industry through their payments gateway solution PayPort. The business also saw the launch of the new image based cheque clearing system, creating a robust and more efficient system in the UK.

     

    RTP® in the US: This week, Vocalink announced the launch of RTP® (Real-Time Payments) in the US on behalf of The Clearing House; one of the most comprehensive real-time payment systems ever created globally that is expected to transform the U.S. payments landscape. Set to empower consumers and businesses to send and receive immediate payments domestically, financial processes that used to take days can now be concluded in seconds. Two banks – U.S. Bank and BNY Mellon – have completed the first live transactions. At its core, the technology behind The Clearing House’s RTP system is an evolution of Vocalink’s highly successful and reliable systems developed for the U.K., Singapore and Thailand. These real-time solutions sit at the centre of the global payments infrastructure and have been designed to ‘run on their own rails’, working alongside and between conventional settlement systems. The TCH system operates 24/7 to process credit transfers, requests for payment, requests for information, confirmation messages, returned and rejected payments and system and service related messages. It also integrates support for multiple transaction channels, including online and mobile.

     

    PromptPay in Thailand: Earlier this year, Vocalink had unprecedented success with the launch of PromptPay in Thailand that went live on the 21 January 2017. Created for Thailand’s main interbank payments provider, already 36.2 million Thai citizens have signed up to PromptPay (more than half the population) with 47.3 million payments already made and 23 banks signed up. Billions of Thai Baht flow through the PromptPay service, of which over a quarter has been the transfer of benefit payments from the government to people. At present the system is handling in excess of 35,000 transactions per day. The launch of real-time payments is a breakthrough for Thailand and part of a government-led strategy to bring 21st century banking services to all communities in Thailand. PromptPay will accelerate adoption of mobile payments, address financial inclusion and support the expansion of Thailand’s burgeoning digital economy. At the same time, it will reduce Thailand’s reliance on a physical banking infrastructure and cash. For the banks, the provision of an adaptor has greatly reduced the cost of entry to real-time payments.

     

    Paul Stoddart, CEO, Vocalink, a Mastercard company:

     

    “We are delighted to have been recognised by the industry for what has been a milestone year for Vocalink. Working with The Clearing House, RTP® is a best-in-class, functionally rich system capable of meeting the demands of today’s U.S. economy while building a system robust enough and flexible enough for further innovation. In Thailand, PromptPay has been an outstanding success that is now revolutionising payments for the country’s 60m population offering them access to instant payments via mobile, online and ATM channels for the first time. At home, we have supported the up and coming challenger banks, such as Starling Bank and financial institutions through our payment gateway product PayPort, which helps to facilitate a level playing field between established financial institutions and challengers, enabling immediate payments for all kinds of Payment Service Providers (PSPs).”

     

    Vocalink, a Mastercard company was also recognised for the successful project delivery of all of its innovative world-class payment solutions in the back-drop of ambitious timescales and the need to resolve a range of significant challenges, such as different messaging standards and banking practices, with new innovations and creative solutions - including the new cheque clearing system that was launched last month.

     

    – ends –

     

    About Vocalink

     

    A Mastercard company, Vocalink designs, builds and operates industry-leading bank account-based payment systems. Our technologies power the UK’s real-time payments, settlements and direct debit systems, as well as the UK’s network of over 70,000 ATMs. In 2016, we processed over 90 percent of salaries, more than 70 percent of household bills and almost all state benefits in the UK. In addition, our proven real-time bank account-based payment solutions provide more payment choice to customers in Singapore, Thailand and the United States. For payment news and insight from Vocalink visit CONNECT - http://connect.Vocalink.com/

     

     

     

     

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    Business Wire India

    UAE Exchange officials receiving the awards
    UAE Exchange officials receiving the awards
    UAE Exchange officials receiving the awardsUAE Exchange officials receiving the awards
    UAE Exchange India is a legendary financial institution through decades of expertise in serving the customer with financial services, molding a company into best financial service provider of the nation. As a recognition for outstanding performance company has been honored with the awards for ‘Business Excellence’.
    • Fame Excellence Award 2017
    • India’s Greatest Brand Award 2016-17
    Fame Business Excellence 2017 award was presented by Mr. D.D Sharma, Chairman and Ms. Nanki Sharma, Director of Fame India at an exclusive event at Crown Plaza in Goa on September 24th, 2017. Mr. Ashish Rivonkar, Branch Head-Margoa received the award, rewarding the outstanding accomplishment made by financial institutions for their hard work and great business results.
     
    India’s Greatest Brand 2017 award for NBFC category was granted for the best innovative organizations and professional doings for the development of society to UAE Exchange India. Award was handed over by Dr. Nobert Revai-Bere, Consul-General of Hungary in India and Dr. Mustafa Sassa, Chairman Sarrah Raj Enterprises and Sellforce.com, to Mr. Satish Chawla Head corporate-West India on October 9th 2017 at Taj Lands End Hotel, Mumbai.
     
    Both achievements for business excellence enhance the working of financial services, also it’s a great encourage for the business as well as employees to develop new methods to digitalize and modernize the services for the requirement of populace.About UAE Exchange India
     
    UAE Exchange India is one of the best and renowned of financial services with its penchant quality and optimized service trends. Connecting people and creating progress with the finest of quality is the vision of the company, that has an extensive reach of 375 plus branches serving a population of 1.25 million people under the proficient support of 3500 employees. The company has been instrumental in providing excellent service in Foreign Exchange, Money Transfer, Air Ticketing & Tours, Loans, XPay Cash Wallet, Insurance and Share Trading.

    Website: www.uaeexchangeindia.com

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    Business Wire IndiaA breakthrough digital solution related to money transaction. Taurus Coin is a kind of digital cash that you can use to make your payment or any money transaction whenever and wherever you travel. By using Taurus Coin, your e-commerce business, private payments, your online business, your retailing store can speed up its money transaction with both clients and suppliers, therefore, which allows you to save money and even boost your business growth. That’s a first for any P2P marketplace anywhere in the world, and testament to the quality of its product, processes and people.

    Taurus Coin promoters are bullish to quote that this will turn lending upside down and compete head-to-head with the banks in the personal loan and term investment categories.
     
    United Kingdom’s leading peer to peer cryptocurrency lender Taurus Coin launched its online lending marketplace with USD 150M lending capital, bringing the world’s fastest growing form of lending to the South-East Asia, Gulf, Africa, Europe, and India investors.

    Internationally, peer to peer lending is an established form of investment, currently growing at more than 200% per annum, and has been described as "banking without the banks". It is an increasingly popular form of crowd funding that is changing the way that people borrow and invest. In the United Kingdom, the UK Government is the largest funder of P2P loans.

    With our transparent low margin model, investors, for the first time, can access retail rates of return and a brand-new asset class. Designed for investors seeking fixed rate/fixed term returns from the banks and 'prime' credit worthy borrowers looking for sharper interest rates, our mission is to shake up the market and offer better value to both sides of the lending transaction.

    With automated processes and no branch network to maintain, peer-to-peer lenders can pass savings on and still maintain a healthy operating margin.

    "Investors have the potential to benefit enormously from this asset class, which for the first time is available to retailer investors. We couldn’t be more excited to lead the charge, shaking up the market with a competitive and technologically advanced investment and lending platform," says the Taurus Promoters.

    Taurus Coin has an experienced management team, and a Board and Advisory Board with outstanding financial experience and entrepreneurial credentials that will help to guide the company’s performance as it builds awareness of peer to peer lending in the United Kingdom and launches internationally.

    How to use Taurus Coin after launch?

    After pre-launch sale ends, an internal trading exchange will be live so that you can buy and sell your Taurus Coin. This is the time that you could earn a great profit, you could either hold your coins for lending and staking or sell it to earn profit.
     
    How to earn profit with Trading? 

    • Step 1: Register your account at www.tauruscoin.com 
    • Step 2: Deposit BTC and then you can Buy TRC 
    • Step 3: Start trading with TRC then earn profit
    Please also visit: www.tauruscoin.com

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    Business Wire IndiaTata Capital’s Investment Banking division has successfully advised on the acquisition of Spectro Analytical Labs (“Spectro”), a leading environment and analytical product testing and inspection company in India, by Eurofins Scientific (“Eurofins”), one of the global leaders in bioanalytical testing. In this transaction, Tata Capital was the exclusive financial advisor to the shareholders of Spectro.
     
    Headquartered in New Delhi, India, Spectro has over 22 years of experience in quality testing and inspection-related services, and owns accreditations from the National Accreditation Board for Testing and Calibration Laboratories (NABL) in six fields: Chemical, Mechanical, Biology, Non-destructive Testing, Calibration and Electrical & Electronics. Starting from a small facility in New Delhi, Spectro has steadily achieved strong growth to become India’s leading environment and analytical laboratory, with operations and joint ventures all over the country, catering to more than 8,000 customers. The company operates 5 state-of-the-art laboratories in India, with a total surface area of ca. 10,000 m2 and employs close to 450 staff.
     
    Headquartered in Luxembourg, Eurofins is one of the world leaders in food, environment and pharmaceutical testing and is also one of the global independent market leaders in certain testing and laboratory services for agroscience, genomics, discovery pharmacology and for supporting clinical studies. In addition, Eurofins is one of the key emerging players in specialty clinical diagnostic testing in Europe and the USA. The Group employs over 30,000 staff in 400 laboratories across 41 countries, generating revenue of more than US$ 3 bn. The shares of Eurofins are listed on the Euronext Paris Stock Exchange with a market cap of US$ 10.6 bn.
     
    The acquisition of Spectro will enable Eurofins to have a strong environment and analytical testing market entry in India and significantly increase Eurofins’ market position in this geographical region.
     
    Commenting on the transaction, Mr. J Niranjan, CEO - Tata Capital Pte. Ltd. said: “The transaction is a win-win situation for both Spectro and Eurofins. While Spectro becomes part of a large MNC, Eurofins gains market entry into the Indian environmental and product testing sector. The Indian testing and inspection sector has traditionally been dominated by MNCs. However, with expansion in market potential, domestic companies are now quickly catching up. We are witnessing an increasing interest from global players to establish and expand their presence in India.”
     
    Also commenting on the event Mr. Kuldeep Dhingra, Spectro’s Managing Director said, “We are delighted to become part of the Eurofins Group. We see tremendous growth opportunities in the Indian testing and inspection industry and are excited with the prospects of significant value creation for our clients and employees through access to Eurofins’ global network of laboratories, technical and financial competencies.”

    Dr. Gilles Martin, Eurofins’ CEO added, “We are pleased to welcome Spectro, a prominent Indian testing services provider, to Eurofins’ family of businesses. Spectro’s broad range of testing and inspection services, combined with Advinus’ biopharmaceutical and agro sciences competencies that were acquired earlier this year and Eurofins’ existing genomics, food and clinical testing laboratories, will complement the Group’s analytical services portfolio and provide Eurofins with a well-balanced initial market presence in India. This transaction is another demonstration of Eurofins’ commitment to expand its global network of analytical services laboratories across all geographical regions where it anticipates significant growth.
    About Tata Capital Limited

    Tata Capital Limited, a holistic financial services provider caters to the diverse needs of retail, corporate and institutional customers, directly or indirectly through its subsidiaries. Its range of offerings includes Consumer Finance, Advisory Services, Commercial Finance, Infrastructure Finance, Investment Banking, Private Equity Advisory & Credit Cards. For more information about Tata Capital, please visit www.tatacapital.com.

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    Business Wire IndiaSurging ahead in its commitment towards the society, Fiinovation, a global CSR consulting firm, yet again brings about positive impact in the lives of underprivileged children in Dwarka, New Delhi. As a part of the technical association, Fiinovation assisted Mizuho Bank (India Operations), an integrated retail and corporate banking unit of Mizuho Financial Group, for its social engagement involving their employees for a cause.

    The programme focuses educating children aged between 6-15 years, on various aspects like environment, basic financial literacy and more with innovative and interactive modules encompassing children friendly games, group discussions and Q&A sessions. To ensure value-based engagement, Fiinovation facilitated implementation of the campaign apart from identifying the implementation agency, Steeple Education Society- an NGO that supports a school catering to the needs of underprivileged children.

    Quality education and basic awareness on day to day activities is an essential aspect to lay the foundation for a sound socio-economic development of the society. Unfortunately, the underprivileged children have less access to quality education thus, making them vulnerable.

    Fiinovation over the years has served the community by bridging the gap, and enabling corporation in recognizing and conducting prolific and sustainable approaches for the need based social interventions. As a CSR consultancy, in alignment to its efforts for inclusive and effective growth at grass root levels, it has also adopted a school for the underprivileged children in Faridabad, Haryana.

    Mr. Soumitro Chakraborty, CEO, Fiinovation on the occasion said, “Our efforts are to bring about inclusive growth in the society through enduring partnerships in the social sector. We are proud with our associations with institutions like Uflex Limited, PI Foundation, RPG Foundation and KEC international, Pipavav Railways, Flex Foods amongst others which have helped us in our objectives to bring transformation in the lives of the underprivileged. We are pleased that our initiatives are being recognized and awarded on national podiums.”

    There is a huge capital influx by corporations as a part of their CSR campaign for national concerns like Education. “We appreciate and thank the Mizohu Bank for giving us the opportunity and the Steeple Education Society for their co-operation in the engagement,” Mr. Chakraborty added.
    About Fiinovation

    Innovative Financial Advisors Pvt. Ltd. (Fiinovation) is a global consulting company operating in multiple disciplines of social development sector with emphasis on Corporate Social Responsibility (CSR) and Sustainability.

    Fiinovation offers end to end CSR consulting services and simplified solutions that have helped various corporations channelize their resources for the upliftment of community on societal, economic and ecological aspects in accordance to their CSR charter. Since 2009, Fiinovation has grown phenomenally and has made a bench mark in the sector through its service quality. It has been able to bridge the gap between businesses and communities through value based CSR programmes in association with credible civil society organizations on Pan India basis in the field of health, environment, education and livelihood.

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    Business Wire India

    Andersen Global is proud to announce a new presence in Venice-Mestre, on the Venetian mainland in Italy through the expansion of Italian member firm, Andersen Tax & Legal. In addition, the Milan office will relocate at the end of November. The new office in Mestre and new location in Milan have been established to better serve the growing client base in Italy. Andersen Tax & Legal now has six locations in Italy: Milan, Brescia, Rome, Venice, Mestre, and Monza.

     

    Andrea De Vecchi, Office Managing Partner of Andersen Tax & Legal in Italy, and Regional Managing Partner in Europe shared, “Our new location in Venice-Mestre and expanded presence in Milan allow us to better serve our clients and continue to build our capabilities within the region. Through this expansion, we are able to reach new markets and also improve the quality of life for our employees.”

     

    Venice-Mestre is a significant location because of its strategic positioning and high population within the center of the mainland of Venice. Andersen Tax & Legal in Italy has been a member of Andersen Global since 2014. The firm will continue to provide tax, financial, accounting, and law consultancy for both domestic and foreign companies and individuals.

     

    “The addition of a new office location and the expanded space in Milan demonstrates the success of the Italian team, and positions us for substantial growth in the future. The expansion of our practice in Italy enables us to more seamlessly deliver best-in-class service,” remarked Global Chairman and Andersen Tax LLC CEO, Mark Vorsatz.

     

    Andersen Global is an international association of legally separate, independent member firms comprised of tax and legal professionals around the world. Established in 2013 by U.S. member firm Andersen Tax LLC, Andersen Global now has more than 2,300 professionals worldwide and a presence in over 77 locations through its member firms and collaborating firms.

     

     

     

     

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