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Pantheon installs boilers that use natural gas in Elysee 2 project

Dubai, United Arab Emirates-Wednesday 11 August 2021 [ AETOS Wire ]

Pantheon Development has announced its Pantheon Elysse 2 project in JVC will be the first in the UAE to use a water heating technology that will use natural gas instead of electricity.

This unique technology will enable kitchen boilers in the units of the building currently under construction In JVC District 12 to heat water faster and more efficiently than traditional boilers that runs on electricity.

During his visit to the site yesterday, Kalpesh Kinariwala, Chairman of Pantheon Development Group  met with the engineers on site and was briefed on the innovative technology that will benefit not just future residents of the building in terms of energy consumption and electricity bills but will also be good for the environment.

Kinariwala said: “This is an excellent example of innovation that is enco ... Read more »

Series C Led by Altimeter Capital, B Capital Group, Sapphire Ventures, and Tiger Global Management, with participation from Amex Ventures and Mirae Asset.

SAN FRANCISCO-Wednesday 11 August 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- FalconX, a digital assets and cryptocurrency financial services company that provides institutions trading, credit, and clearing across major cryptocurrencies, announced a $210M Series C financing round, valuing the company at $3.75 billion. The round was led by Altimeter Capital, Sapphire Ventures and existing investors B Capital Group and Tiger Global Management, with participation from Mirae Asset. Amex Ventures also increased its existing investment as part of this round. They join existing investors Accel, Accomplice VC, Coinbase Ventures, CMT Digital, Flybridge Capital Partners, Lightspeed Venture Partners, and Avon Ventures, a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments.

In just three ... Read more »

Island focused on developing renewable energy sources
KINGSTON, Jamaica-Tuesday 10 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- The Caribbean’s leader in renewable energy, Jamaica, is making significant strides in boosting the diversification of its energy sector, as the government looks to implement the island’s ambitious Integrated Resource Plan (IRP).

The initiative has set a goal of adding around 1,600 megawatts (MW) of generation capacity over the next 20 years to expand the island’s energy resources. The aim is to facilitate reduced energy prices, and decrease vulnerability of the energy sector to external shocks such as oil prices. The IRP creates business opportunities in the form of requests for proposals (RFPs) that seek investors to fulfill the demand for more energy generation.

The IRP’s targets include 1260 MW of wind and solar, 330 MW of liquid natural gas (LNG), and 74 MW of hydro, biomass or waste energy by the y ... Read more »

LSEG (London Stock Exchange Group), Zimbabwe’s NMB Bank Limited, GLEIF, Cenfri and Cornerstone unlock access to trade finance and boost economic potential for SMEs
BASEL, Switzerland-Tuesday 10 August 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- An international flagship project designed to expand financial inclusion among small to medium sized enterprises (SMEs) especially on the African continent has launched today. The project has been realized with the support of the German Federal Government through the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.

The collaborative initiative is equipping SMEs across Africa with globally recognized business identities, in the form of Legal Entity Identifiers1 (LEIs). The LEI is comparable to an international company ID card; it contains good quality business card and ownership structure information about a legal entity which can be verified quickly and efficiently by anyone, anywhere, enabling organiz ... Read more »

Research Reveals Now Is the Time for Finance Leaders to Back Their Own Transformational Capabilities and Take on a More Strategic & Valuable Role

CHIASSO, Switzerland & BOSTON-Tuesday 10 August 2021 [ AETOS Wire ]

Office of Finance Could Be Automated out of Existence Unless It Makes the Leap From Background Support Function to Strategic Hub for Vital Data

Finance leaders still spend time fixing the basics and are yet to be completely convinced their office of finance is ready to drive business decisions, profitability, and performance
Majority believe how finance uses technology to influence business decision-making and drive strategy needs a complete overhaul OR a lot of improvement
Business leaders ready to embrace the finance team as key player to support business goals, BUT finance decision-makers believe transformation of finance must be reflected in team skills & culture
 

(BUSINESS WIRE) -- Board Internat ... Read more »

 Average cost of data breach rose up to $3.56 million and phishing emails rising by 62% in Q2 over Q1.

DUBAI, UNITED ARAB EMIRATES.-Tuesday 10 August 2021 [ AETOS Wire ]

A Mid-year Cyberthreats Report 2021 by global cyber protection leader Acronis, warns that small and medium-sized businesses (SMBs) are at particular risk based on the attack trends seen during the first six months of the year.  Released at Black Hat 2021 event, where Acronis was a Diamond sponsor, the report is an in-depth review of the cyberthreat trends the company’s experts are tracking.

The report revealed that during the first half of 2021, 4 out of 5 organizations experienced a cybersecurity breach originating from a vulnerability in their third-party vendor ecosystem. That’s at a time when the average cost of a data breach rose to around $3.56 million, with the average ransomware payment jumping 33% to more than $100,000.

While that represen ... Read more »

Market overview provides recommendations when seeking loan origination providers

COSTA MESA, Calif.-Tuesday 10 August 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Loan origination solutions help to make loan applications faster and easier for borrowers and loan officers. Innovative solutions are less costly for lenders and provide more accurate and efficient customer decisioning. With a diverse set of vendors to choose from, it helps to have expert insight and knowledge to make the most informed decision. Forrester’s Now Tech Loan Origination Solutions: Forrester’s Overview Of 23 Loan Origination Solution Providers helps companies understand the differences in vendors’ offerings and capabilities. This year, Experian® was included as a Representative Vendor in the mid-size category, and our decision management suite PowerCurve was cited.

The report from Forrester suggests that business and technology professionals in lending look for solutions t ... Read more »

NEW YORK-Tuesday 10 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- A group of 34 leaders from business, government, medicine and academia today published an open letter in the Wall Street Journal, urging U.S. President Joseph R. Biden to lead a G-7 effort to extend Covid-19 vaccinations to the world’s most afflicted regions.

“Millions of people in Latin America, Africa and Southeast Asia continue to have little or no access to vaccines and remain desperate as the delta variant becomes increasingly rampant worldwide,” the letter says. “Helping to vaccinate populations in other countries is an investment in our own safety as well as global stability.”

The letter notes that at the G-7 meeting in June, member countries made commitments to eradicate the disease and revitalize the world’s democracies. A coordinated global plan is the best way to advance both those goals.

The non-partisan group of leaders was organized by M ... Read more »

The CARE Program™ will integrate directly with Lightbeam, providing access to risk assessment and testing services for detecting increased risk for genetic disease

IRVING, Texas-Tuesday 10 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Lightbeam Health Solutions, the leader in end-to-end population health management solutions and services, is proud to announce their partnership with Ambry Genetics, a Konica Minolta Precision Medicine (KMPM) company. The partnership provides precision genetic testing data within the Lightbeam application to help organizations predict increased risk for common cancers and chronic conditions within patient populations.

According to the Centers for Disease Control and Prevention, 1.6 million people are diagnosed with cancer each year in the United States. The Ambry Genetics-Lightbeam partnership is expected to reduce this burden with tools for early detection and prevention by allowing providers to quickly ide ... Read more »

Special Recurring Event Summons Clubmates to New, Interactive Map, Where Players Can Team Up to Overcome Dangers and Uncover Rare Magical Artefacts 

... Read more »

Thales commended for ability to leverage technology across multiple business units and deliver unique capabilities to large enterprises

PARIS LA DÉFENSE-Tuesday 10 August 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Thales has been named a leader in advanced authentication for identity security in a new IDC MarketScape report. The report, “IDC MarketScape: Worldwide Advanced Authentication for Identity Security 2021 Vendor Assessment” is a quantitative and qualitative assessment of organizations that offer advanced authentication security software across the globe based on revenue, technology, endpoints and surveyed customers using these technologies in 2020.

IDC recognized Thales for its ability to offer a range of products spanning the digital and physical worlds using three business units to address workforce, B2C, and B2G opportunities. In addition, the IDC MarketScape highlighted Thales’ capacity to deliver unique capabilities to large ... Read more »

 Quarterly revenue of $91.6 million, up 16.9% year over year

Gross margin of 62.2%, up from 61.2% year over year

Quarterly billings of $107.3 million, up 44.4% year over year

2,645 active clients at June 30, 2021, up 22.5% year over year

LAS VEGAS-Saturday 7 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced results for the second quarter ended June 30, 2021.

 “For the second quarter, we executed well and remain on track to achieve our strategic growth plan of $1 billion in annual revenue by 2026. We achieved record revenue of $91.6 million, up 16.9% year over year and above the high-end of our guidance range. We also ended the quarter with strong year over year billings growth of 44.4%, a gros ... Read more »