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Fintech investments in Europe up to 23bn EUR, JP Fabri (ARQ Economic & Business Intelligence) will add to the subject at TCE2019

Zoltán Tűndik

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Reading Time: 2 minutes

 

Fintech in a nutshell: the financial technology sector which encompasses firms that use technology-based systems either to provide financial services and products directly or to make the financial system more efficient.

It has been reported over the past years that Fintech is a rapidly growing sector. The recent reports show that in the first half of 2018, investment in fintech companies in Europe alone reached €23 billion.

Besides the huge investment return, the fintech sector brings rewards including innovation and job creation, but also challenges, such as data and consumer protection issues, and the risk of exacerbating financial volatility or cybercrime.

To tackle these multi-disciplinary challenges, policy- and lawmakers in the European Union (EU) have adopted and announced several initiatives, for instance on intra-EU payment services, data protection, crowdfunding, and regulatory sandboxes.

In 2019 the European Commission launched a study to analyze the challenges for the European players and possible policy measures at EU level. This analysis leads to the development of short-term recommendations around effective implementation of the EU Fintech Action Plan, coherence with the Digital Single Market, taking the international dimension into account, and investing in knowledge, access to new markets and communication. Longer-term recommendations are to replicate the innovative approach characterized by the second payments service directive in future legislation and to set up a Multi-Stakeholder Forum to stay abreast of trends and risks.

The European market accounts for 17% of the global fintech industry and the leaders are the US with 48%, while China is also holding strong with 35%. (source: bankingtech.com)

PICANTE Tech Conference Europe will address the Fintech sector with a highly engaging panel discussion which is titled “The Rise of Fintech in Europe”.

The panel discussion will be joined by Jean Paul Fabri, Managing Director of ARQ Economic & Business Intelligence, who will bring the latest economic and policy updates.

About Jean Paul Fabri

JP is the Managing Director of ARQ Economic & Business Intelligence, a specialized unit that applies economics to consumers, firms, and policy. He is currently the Lead Director on blockchain and cryptocurrency at ARQ Group. JP is specialized in resilience-building strategies and was a Technical Consultant to The Commonwealth Secretariat and acted as advisor to 9 governments across 3 continents. Prior to joining ARQ Group, JP was the Group Board Secretary of a London and Helsinki listed mining company. He also formed part of the private secretariat of the former Prime Minister and of the Governor of the Central Bank of Malta. An economist by profession, JP followed post-graduate studies in economics and political economy at the University of Malta and the London School of Economics. He is also a visiting lecturer at the University of Malta.

PICANTE Tech Conference Europe is designed to bring both people and knowledge together and provides the excellent ecosystem of networking and learning opportunities without interruptions with emphasis on comfort and communication. After learning from genuine world-class experts and wayseers, meeting achievers shaping the B2B ecosystem, all attendees will get the chance to grab a drink and relax while networking at the evening social gathering.

REGISTER HERE or BROWSE THE AGENDA/PROGRAM!

Seats are limited (Super Early Bird Rate – valid through 30th of June)

Greetings!!!


Thank you for reading my articles and engaging with the hand picked PICANTE News!


Here are a few things you should know about me!


After accumulating enough experience by launching and building a successful media and events organizer company in the gaming industry, the opportunity to also move into more verticals just came naturally.


I've started writting in 2009 and thanks to my webdesigner skills, managed to develop some recognized review portals in several industries.


In 2015, I have moved deeper into journalism and media by co-founding a B2B publishing and events organizing company which we run in parallel with PICANTE New. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.


In 2018 I've been invited to speak at a local TEDx event about Global Reputation Management in the Digital Era. You can view my talk on the following link on YouTube: https://www.youtube.com/watch?v=UVU9dOTiX7E


I have hunger for knowledge and always curious about what happens in tech and this is one of the reasons I've started writing and publishing news about several industries, such as AI, VR / AR, Blockhchain, Fintech. Came to realize there are many new things that are often overlooked in the busy media streams, thus would like to bring you some news about some of the newest releases and happenings.


But enough about me, I am sure you are interested in reading the news :)


You can find my articles and hand picked B2B news in the following categories:


BLOCKCHAIN, VIRTUAL REALITY (VR), AUGMENTED REALITY (AR), BANKING/FINANCIAL SERVICES, BLOCKCHAIN, COMPUTER ELECTRONICS, INNOVATIVE SOLUTIONS, ARTIFICIAL INTELLIGENCE, ADVERTISING, TRADE SHOW NEWS, and many more.



You can get in touch to discuss interviews or possible article submissions by contacting us.


Let's also connect via social media! You can find me on LinkedIn.

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European Union

Resilient plc recognised as an Investors in People with Gold Standard

Vlad Poptamas

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Resilient's Gold Investors in People Gold Standard
Reading Time: 1 minute

 

Resilient plc is pleased to announce that they have been awarded Gold accreditation against the Investors in People Standard, demonstrating their commitment to realising the potential of their people.

As an innovative technology firm, Resilient has a focus on developing a sustainable high-performing culture to create innovative products that solve critical communication challenges. It is why our goal is to bring out the very best in everyone. Resilient are dedicated to nurturing our staff, investing in and supporting them at every step of their career development to achieve their full potential, whatever their chosen field.

Investors in People provides a best practice people management standard, defining what it means to lead, manage and support people for sustainable results. The assessment measures organisations across nine areas, Resilient are high performing in several areas including empowering people, adopting a culture of recognition, supporting learning and development, and encouraging innovation.

Paul Devoy, Head of Investors in People, said: “We’d like to congratulate Resilient plc, Investors in People accreditation is the sign of a great employer, and an organisation committed to achieving success by realising the potential of their people.”

Gary Inman, Investors in People Lead Assessor, added: “To achieve a Gold level of Investors in People Award at the first assessment, and to do so with such momentum, is a remarkable achievement.”

“The whole organisation feels very much like it is a marriage of forward-thinking leadership and forward-thinking products, in a market with huge potential and with an ethos that will ensure it attracts and retains great talent.”

Commenting on the award, Heena Surani, Chief HR Officer, said: “This is a fantastic achievement as only 7% of audited companies are awarded the Gold standard. For us to have accomplished this on our first audit represents our commitment to developing our people.”

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Automotive

Veoneer’s JV Zenuity Reached a Milestone With Polestar 2

Vlad Poptamas

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Photo source: twitter.com / @Semcon
Reading Time: 2 minutes

 

Veoneer, Inc.’s (NYSE: VNE) and (SSE: VNE SDB), joint-venture for advanced driver assistance systems (ADAS) and autonomous driving software, Zenuity, reached an important milestone when the all-electric luxury car Polestar 2 was revealed recently.

Early 2020, Polestar 2 will be the first car model on the market with an ADAS software system, e.g. pilot assist, collision avoidance, connected safety, that has been created and adapted by Zenuity and Veoneer.

In Polestar 2, Zenuity’s ADAS software stack has been integrated with Veoneer’s sensors and the active safety products ADAS ECU, front radar, and monovision cameras version 4 with algorithms using deep learning technologies developed by Veoneer.

“We are proud that Zenuity delivers its first production ADAS software system to Polestar – and we are equally proud to provide our active safety products including the new generation monovision camera system,” says Jan Carlson, Chairman, President and CEO at Veoneer.

Polestar is the electric performance car brand jointly owned by Volvo Car Group and Zhejiang Geely Holding.

Veoneer designs and manufactures products and solutions for active safety, autonomous driving, occupant protection and brake control. Our purpose is to create trust in mobility. Veoneer is a new technology company that is building on a heritage of more than 60 years of automotive safety development. Veoneer has 8,600 employees in 13 countries. Headquartered in Stockholm, Sweden, Veoneer is listed on the New York Stock Exchange and on Nasdaq Stockholm.

Safe Harbor Statement: This release contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Veoneer, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and/or data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including general economic conditions and fluctuations in the global automotive market. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any forward-looking statements in light of new information or future events, except as required by law.

 

SOURCE Veoneer

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Computer Electronics

2Operate and GomSpace to Boost Constellation Management With Artificial Intelligence

Vlad Poptamas

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Photo source: datanami.com
Reading Time: 2 minutes

 

As the space economy is switching from single satellite infrastructures to constellations of affordable small satellites, network elements inevitably increase in complexity.

2Operate and GomSpace, together with Aarhus University, are working together within the MegaMan project, funded by Innovation Fund Denmark, to evaluate how existing telecom standards and existing artificial intelligence (AI) solutions developed for the terrestrial telecom sector can be leveraged to manage future satellite constellations robustly and efficiently.

As part of the collaboration, the partners have successfully evaluated 2Operate’s existing AI-based 2Solve product using the GOMX-4 satellite mission by GomSpace and the Delfini-1 mission by Aarhus University.

The use of 2Solve and AI for satellite constellation management help reduce the amount of operator hours required to manage satellite constellations by reducing work-load for network monitoring and for root-cause-analysis tasks, as the AI is trained using expert knowledge to automate these tasks. Further, the automation of these functions means that network incidents can be resolved much faster leading to higher availability of the satellite services.

Based on the successful trials, 2Operate and GomSpace have signed an MoU to strengthen the companies’ collaboration and to prepare introduction of the 2Solve AI-capabilities through GomSpace’s Mega-Constellations Operations Platform (MCOP) being introduced by GomSpace’s subsidiary in Luxembourg.

“It is very exciting for us to see how the lessons learned from the terrestrial telecom sector can boost the uptake of advance network management solutions for space – and how well our product adapts to the new requirements”, says Christian Ingerslev Sørensen, CEO of 2Operate.

“Being able to operate satellite constellations 24/7 with the highest availability is a key capability for GomSpace, and being able to integrate proven solutions reduces both risk and required investments”, says Niels Buus, CEO of GomSpace.

2Operate and GomSpace last week jointly exhibited at the World Mobile Congress in Barcelona, showcasing how the application of the 2Solve product applied to satellite mission management.

 

SOURCE GomSpace A/S

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