Saxo Bank, the online trading and investment specialist, today marks the 20th anniversary of partnership with Portugal’s Banco Carregosa, a wealth management specialist offering namely advisory, asset management and online brokerage services, making this Saxo’s longest partnership in its institutional business.

Resource and budget constraints in IT, back office and market access lead many banks and brokerages to seek alternatives to building an online trading solution themselves. Saxo’s institutional business, Saxo Advanced Solutions (SAS), taps into Saxo’s open technology infrastructure to enable partners – from banks, brokers, asset managers and fintechs to hedge funds and financial advisors – to accelerate their digitisation journey.

In 2001, Banco Carregosa was looking for a digital solutions partner to support them in their digital transformation journey, allowing them to outsource parts of the offering to reduce costs and complexities, while redirecting efforts on providing a better client experience.

The result is Saxo’s first White Label Client partnership, which allowed Banca Carregosa to leverage Saxo’s back end technology while offering a state-of-the-art trading platform under their own brand, maintaining full customer control and confidentiality. Since then, the partnership has grown strongly, and Saxo has continued the development of its White Label client business model where today it has over 135 WLCs globally.

Francisco Oliveira Fernandes, CEO, Banco Carregosa, said, “We are delighted to celebrate this momentous occasion today, with the Saxo team in Lisbon. This 20-year partnership has been very positive, and in Saxo, we have a great collaborator and solutions provider who can help us bring a strong digital experience to the market and to our clients. We look forward to more great years ahead.”

Kim Fournais, CEO and Founder, Saxo Bank, said, “As the first partner bank we onboarded in 2001, Banco Carregosa has been a valued and treasured partner, and we are very proud to be here today to celebrate this great milestone together. This is a great example of a win-win relationship, which we always strive for with all our clients and partners. We are very honoured that 20 years later, Banco Carregosa is still using our technology and market access to service their end clients. We continue to work on the continual upgrade of our partner solutions, and we look forward to taking the partnership further with Banco Carregosa.”

The 20^th year anniversary celebration took place in Lisbon, with an event attended by the leadership teams of both Saxo and Banco Carregosa. A panel session featured Saxo’s Chief Investment Officer, Steen Jakobsen, Mário Carvalho Fernandes, Chief Investment Officer, Banco Carregosa, and Maria Cândida Rocha e Silva, Banco Carregosa, Chairlady. The discussion focused on trends in the market, where the industry is going, digitisation of investment, where both companies are going and how they see the future of investment.

Combining human touch with scalable digital solutions

In the past 20 years, the world of Fintech and banking has evolved and one of the most significant trend in the wealth management space is the shift from in-person interaction to more digital and scalable solutions.

Digitisation offers the fastest and most cost-effective way to expedite the integration process, and increasingly, more firms are tapping partnerships and FinTech solutions to future-proof their business with a modern platform-based business model. The increased scale and automation of back-end processes free up advisors to focus on investment performance, customer management and acquisition. For the firms themselves, there is a low cost of ownership, and they can keep pace with technological innovations but at lower ongoing capital and operating expenditure.”

“We understand there are many banks, brokers, asset managers, fintechs, and other institutions that have a strong desire to overcome barriers to go digital and get to scale quickly, but many are bogged down by high costs and a multitude of disconnected systems. There is a real, and ever more urgent, need in the market for these companies to partner with the right solutions provider to help them scale and gain more clients, and continue to thrive in the face of regulatory and compliance requirements,” Henrik Alsøe, Global Head of Saxo Advanced Solutions, Saxo Bank, said.

For more information, please visit https://www.home.saxo/institutional-and-partners

·       PwC’s Global Economic Crime Survey 2020 reports more than half (56%) of UK businesses suffered some form of financial crime in the past two years 

·       Cambridge & Counties Bank and ieDigital have developed a robust solution to mitigate risk around financial crime and protect its small and medium business clients by keeping their data fully secure  

·       Brand new solution uses the specialist ieDigital Interact Suite underpinned by OutSystems low-code platform – this enables Cambridge & Counties Bank’s in-house development team to rapidly customise and extend the solution 

·       Low-Code capability cuts time to market and lowers the risk and skill barriers normally associated with custom software development. Industry analyst firm Gartner predict global low-code application development platform revenues to reach $5.8 billion in 2021* 

Leicester-based Cambridge & Counties Bank, one of the UK’s leading niche banks for SMEs and professional property investors, has launched an enhanced financial crime solution in cooperation with ieDigital, the specialist financial technology provider for the financial services sector.  

The initiative comes against the concerning backdrop reported in PwC’s Global Economic Crime Survey 2020 which reveals economic crime reached its highest level in the previous 24 months with 56% of UK businesses surveyed stating that they were impacted by fraud, corruption or other economic crime. This 2020 figure was the highest in the history of PwC’s Global Economic Crime Survey, and is well above the global finding of 47%. 

The brand-new, cutting-edge financial crime-fighting technology delivers a robust solution to mitigating risk around financial crime for Cambridge & Counties Bank and protect its small and medium business clients by keeping their data fully secure. The new solution, developed in tandem with the bank, represents the next step in Cambridge & Counties Bank’s digital transformation programme and is a key element of its dedicated approach to managing risk for its business and property investment clients.  

ieDigital’s solution, developed using the specialist OutSystems low-code platform, will enable a more robust monitoring of Cambridge & Counties Bank’s existing customer base. It will allow the bank to leverage integrations it already has in place across its financial crime systems, as well as provide end users with a simple onboarding journey. 

In turn, the implementation, together with the ieDigital partnership, will influence the internal development of future applications. ieDigital provided support and training in this area, so Cambridge & Counties Bank can further reduce costs, complexity, and time to market by improving its in-house development capabilities. 

Jerry Young, CEO of ieDigital, said: “At a time when the globe was suffering from the Covid-19 pandemic, the business community was suffering its own pandemic – that of financial crime. When Cambridge & Counties Bank decided to fight this outbreak, we were delighted to play an integral part in delivering their online transformation journey to protect the Bank itself, and ensure the data and information of its clients remains secure. 

“We delivered a modern, low-code solution via OutSystems for financial crime onboarding and monitoring – something that can be developed further as needed, and we are certainly looking forward to continuing a productive partnership together.” 

Phil Baker, Director of IT & BI at Cambridge & Counties Bank, said: “When we were looking for a partner, it became clear that ieDigital would provide the strength of knowledge in the financial services arena, and the power of technology that came with using a low-code platform.  

“Not only have we collectively implemented a fantastic financial crime solution, we’ve up-skilled internally, which will enable us to hasten our digital transformation with in-house development capabilities.” 

Finovate is pleased to announce the winners of the 2021 Finovate Awards, recognizing excellence in fintech across 25 different categories. This marks the third annual Finovate Awards competition, which aims to highlight the stellar work carried out by the companies who are driving fintech innovation forward and the individuals who are bringing new ideas to life.

This year, Finovate had a record number of nominations for the awards. The winning companies and individuals have all proven that they have what it takes to advance standout products, services, and overall excellence within their respective fields. While only one company can win, it’s worth recognizing the quality of all the companies who made it to the final stage. A full list of the finalists can be found at the following link: https://informaconnect.com/finovate-industry-awards/awards-categories

Judges for the awards, which included media analysts, board members, bankers, fintech founders and other leaders, were given the arduous task of sifting through a record number of nominations and distilling them down to a single winner in each category.

Without further ado, please find below the winners taking home the prizes in each of their respective categories this year:

• Best Alternative Investments Platform: Pipe
• Best Back-Office / Core Service Provider: MANTL
• Best Consumer Lending Platform: Salary Finance
• Best Customer Experience Solution: TMRW by UOB
• Best Digital Bank: Oxygen
• Best Digital Mortgage Platform: LendingHome
• Best Embedded Finance Solution: ApexEdge
• Best Enterprise Payments Solution: GoCardless
• Best Financial Mobile App: Simplifi by Quicken
• Best Fintech Accelerator/Incubator: Financial Solutions Lab
• Best Fintech Partnership: T-Mobile and BM Technologies
• Best ID Management Solution: IDology
• Best Insurtech Solution: FloodFlash
• Best Mobile Payments Solution: Simpl
• Best RegTech Solution: Featurespace
• Best SMB/SME Banking Solution: Ramp
• Best Use of AI/ML: Zest AI
• Best Wealth Management Solution: Charles Schwab
• Excellence in Financial Inclusion: Airtel Money
• Excellence in Pandemic Response: Biz2Credit
• Excellence in Sustainability: BlocPower
• Executive of the Year: Barbara Morgan, FIS
• Fintech Woman of the Year: Jo Ann Barefoot
• Innovator of the Year: Jon Schlossberg
• Top Emerging Tech Company: Synctera

Finovate would like to thank the judges, followers and everyone who took the time to submit a nomination. Congratulations to the winners!

Reuters Events Commodities have today launched their flagship whitepaper of 2021, The Energy transition’s impact on global markets and trading in partnership with Refinitiv.

In 2021 it is key to explore how the energy transition is affecting the trading community in the oil, natural gas, carbon and other markets.

Reuters Events and Refinitiv have engaged with all our internal experts and asset class teams – oil, power, natural gas, carbon and LNG team to scope out what their view of energy transition is, and their view of the subsequent impact it is (and will) have.

Download our Reuters Events and Refinitiv Whitepaper NOW

The whitepaper will explore a number of the key factors regarding energy transition, including:

• Utilising the existing - Fossil fuel companies can leverage existing infrastructure, technologies, and expertise to not only switch to but embrace decarbonizing the energy sector.
• Tech and Data advancements - The role newer technology and data capture, analysis and reach can play in supporting the energy transition.
• Energy Commodity Price impact – What is happening currently, how will this change and what are the consequences of this e.g. topics like drilling limits, higher forecasts and new policies.
• The geopolitical shift – And the results this has across all energy and power markets.
• The potential obstacles - That could affect the transition, red flags and anything on the horizon.

This Reuters and Refinitiv whitepaper will unite industry leaders and experts who are challenging what’s possible and developing innovative and responsible solutions to deliver a better global energy system.

This press release is being issued in association with Reuters Events upcoming flagship Commodities conference Commodities Trading 2021. More information can be found on the website.

Segmint’s cooperative with Corelation brings data analysis to the forefront to enhance member engagements

Segmint, the global leader in transaction cleansing and analytics for financial institutions, announced a partnership with Corelation, the innovators in core processing for credit unions. The collaboration between these two industry-leading technology innovators in the financial services space will deliver an accelerated member experience, using insights derived from account holder transaction data. Corelation’s growing stable of credit union clients will now have a seamless path to Segmint’s solutions, resulting in immediate impact for their members.

Corelation’s Keystone core solution leverages state-of-the-art architecture with the bold goal of transforming the way credit unions operate. This solution is a person-centric system that empowers credit unions to offer the best member service possible, enhancing their value for member attraction and retention. As credit unions upgrade their digital offerings to remain competitive, it is critical to leverage data as their core competency to execute 1-to-1 relevant messages across multiple channels, where their account holders are engaging.  Segmint’s solutions do just that.

“The capabilities of both Corelation and Segmint align this collaboration at the pinnacle of innovation. Adding an industry leader like Corelation to our ecosystem furthers our strategy to partner with organizations that bring value and a competitive edge to the financial services industry,” said Greg Gruning, Chief Revenue Officer for Segmint.

In line with being a leading innovator in the data analytics space, Segmint’s Merchant Payment Cleansing service is a differentiator in the industry in terms of speed, accuracy and scale. Transaction cleansing is a critical tool that allows financial institutions to better understand member transaction behavior and model spend patterns.  Additionally, Segmint’s Marketing Automation Platform then leverages the insights from payment and transaction data to strengthen member relationships through relevant marketing strategies and messaging fueled by Segmint’s proprietary patented Key Lifestyle Indicators (KLIs).  KLIs are assigned to each anonymized member based on their products, activities and interests, channel preferences, competitive product mix, spending habits, product recency, among many other unique insights from a combination of predictive and real-time transactional behavior. 

Segmint also recently announced the launch of its industry leading AI Platform, a cloud-based and always-on predictive modeling engine which can build and deploy custom predictive models for any financial institution within two weeks. The AI Platform boasts seamless data integration with multiple cores where data flows into the models on a daily basis, continuously updating the insights. The first in a new generation of AI modeling capabilities is Segmint’s Predictive Attrition Model, where KLI’s are the catalyst to guide financial institutions to decrease their attrition rates by predicting which account holders are likely to leave in the near future. 

“The platform delivers predictive models at incredible speed and scale, using insights that describe the full universe of account holder data, now giving community banks and credit unions a major competitive advantage using predictive analytics,” said Nate Shahan, Chief Product Officer.

Profile Software, an international financial solutions provider, announced today the release of the latest upgraded version of RiskAvert, the flexible risk management platform for advanced regulatory capital calculation and reporting, that delivers comprehensive coverage to all latest EU requirements. 

RiskAvert has been significantly enriched to empower Financial Institutions to handle efficiently the regulatory regime in a dynamically changing business environment providing full coverage of Credit Risk and Operational Risk, capital requirements calculations and reporting, Liquidity LCR & NSFR and Leverage Ratio. As a dynamic risk management platform that keeps evolving, it competitively offers Risk vs Accounting data reconciliation, Comprehensive Analysis and Reporting according to key dimensions of Pillar II and- Pillar III capabilities. It also provides full support of Large Exposures framework and automated, inbuilt manual adjustment calculation. Constant additions are made to the platform to ensure users are always kept up to date with the latest EU requirements whilst offering financial institutions with the tool to easily adjust to any upcoming new regulations.

Through this latest release, RiskAvert, incorporates changes enforced by the CRR2 (Capital Requirement Regulation 2) package. In more detail the platform fully covers the needed EU required CRR2 changes regarding the new methodological approaches introduced for the calculations of CCR capital requirements, the new Credit Risk Capital calculation approaches for the treatment of CIUs and changes on Large Exposures regime, in line with the latest version of EBA Reporting Framework (3.0). Τhis new enhancement safeguards the business and empowers the modern CFO and Risk Officer to make more comprehensive and safe decisions.

Furthermore, the new version of RiskAvert provides an updated and upgraded User Interface, as well as offering significant performance enhancements that enable faster and more secure execution of calculations and reporting procedures.

The new capabilities guarantee all users are always fully aligned with the latest changes and requirements of the supervisory regime, while performing all required related tasks in a timely and efficient manner. The changes in the regulatory landscape demand from risk management platforms to continuously enhance and develop their services so as to better safeguard financial institutions. RiskAvert is doing just that, delivering to meet the needs of continuously evolving marketplace.

Addressing all the complexities faced by small businesses associated with business payments, Mswipe will power all SME customers of Karnataka Bank with its newly launched android-based POS device, WisePOS Go to streamline their business management.  

A first-of-its-kind POS machine in India, WisePOS Go is a compact, lightweight and easy-to-use device that will help small business owners improve mobility by integrating payments with business applications in one single device.

A leading end-to-end digital enabler for MSMEs, Mswipe introduced WisePOS Go at a time when most businesses are using separate devices for accepting payments. This low-cost, easy-to-use, with advanced NFC, and QR code device works across platforms and has connectivity options, making it suitable for small business owners. Karnataka Bank customers will be able to integrate apps on the same POS device from Mswipe’s MoneyStore (a curated app preloaded on Mswipe’s smart POS terminals) and reap the benefits from multiple payment solution apps and value-added services on the same device.

Mswipe’s Chief Executive Officer, Mr. Ketan Patel said, “We are happy to develop this product for Karnataka Bank’s MSME customers which will simplify their payment processes. The introduction of ‘WisePOSGo’ is yet another step in the direction of expanding the digital payment infrastructure in the country and promote a cashless economy.”

Mr. Mahabaleshwara M S, Managing Director & CEO of Karnataka Bank said, “This is yet another product in line with our vision of becoming the ‘Digital Bank of Future’. Mswipe’s compact, light-weight and user friendly device will be a game changer and transform the digital payment ecosystem associated with POS machines. By integrating payments with business applications in one single device, small business establishments will benefit by having an agile and conducive platform to source business. The ease of processing transactions through ‘WisePOSGo’ will help the Bank’s retail and MSME customers to augment their businesses by providing their consumers a convenient and flexible way of shopping”.

Safe Security, backed by British Telecom & John Chambers invests in international markets to drive next phase of growth

Safe Security, a pioneer in Cybersecurity & Digital Business Risk Quantification today announced its entry into the Europe, Middle East & Africa (EMEA) region, to build on its success in North America. Headquartered in Palo Alto,  California, Safe Security helps organisations manage, measure and mitigate cyber risks with its breach likelihood prediction platform SAFE. Backed by marquee investors such as British Telecom Group, John Chambers and other prominent industry leaders, the company appointed Cherif Sleiman, a veteran industry leader to head the business for international markets. 

Sleiman is a visionary technologist and ‘turnaround specialist’ who will focus on building Safe Security’s regional presence, go-to-market and channel strategy in the region. Over his illustrious career which spans over 26 years, he has held leadership positions at giants of the tech industry including Cisco, Nortel, Brocade and most recently Infoblox. As part of its business expansion strategy, Safe Security will significantly ramp up its investments in Europe, Middle East & Africa – regions that the company believes are key to its growth. It plans to hire more than 100 employees in the next 18 months in the region.  

Reflecting on his appointment, Cherif said, “Cybersecurity is a global concern. For all of the time, money, and energy spent telling us how to protect ourselves including what to buy to do so, there’s little sense of actual progress when it comes to security. And that’s key, because safety is not about how much money we spend on products, analysts or investments, it is simply about Knowing. Safe Security is uniquely positioned to provide organisations with the knowledge necessary to better secure their organisations. The SAFE platform delivers 360 degree continuous, dynamic & intelligent quantitative cyber risk management and breach likelihood prediction by assessing People, IT Infrastructure, Cloud Presence, Saas Deployments and Third Party Partnerships. It streamlines the knowledge and language needed by all stakeholders from the boardroom to the frontline security professionals, so accurate decisions and actions can be taken in a timely fashion. I am excited to join Safe Security and honoured by the trust they have in me. I am confident that we will grow exponentially in the next 2-3 years across international markets.” 

Over the course of the last year, cyber security incidents have seen a dramatic increase globally. With the growing sophistication of cyber attacks, cybersecurity through generic red-amber-green heat maps is not enough. Safe Security is at the epicentre of this paradigm shift; they provide an enterprise-wide, objective, unified and real-time cyber risk quantification platform called SAFE. It aggregates automated signals across people, process technology and even third party entities that an organisation works with, to dynamically predict the breach likelihood (SAFE Score) & the financial risk of the breach, to an organisation.   

Saket Modi, Co-founder & CEO, Safe Security said, “With SAFE, we have created a brand new category of products within cybersecurity, and we are pioneering the shift from a project led, reactive risk management approach to one that is proactive, and enables the Board to truly understand cybersecurity in a de-jargonized manner. Our vision is to make the SAFE score the global de-facto standard for measuring and mitigating cyber risks and our expansion to international markets is central to this vision.  International markets are extremely strategic for us and I am ecstatic to have Cherif join us to lead our business in the EMEA region. Cherif is a proven business leader and I am confident that he will replicate our global success and make Safe Security the preferred partner for addressing customer’s needs in the region.”   

Cryptocurrency is a highly popular investment, particularly among younger people, but much of the terminology may confuse off-putting beginners. It might be difficult to get started with cryptocurrency if you don't know what gas is, what is HODL, who a whale is, or what the disparity between Bitcoin and blockchain is.

Cryptocurrency is more than simply a different investing choice; it reflects a whole other universe than traditional equities and bonds. Even for experienced traditional investors, understanding the basics takes time due to unfamiliar jargon, developing technology, and keeping up with memes and tweets.

Before investing in cryptocurrency, we advise building an emergency fund, paying off high-interest loans, and establishing a standard retirement savings plan. And, as previously said, you should only invest what you are ready to lose in cryptocurrency, with experts recommending that you allocate no more than 5% of your portfolio to these digital assets.

However, another item you should include on your checklist is at least a basic grasp of what you're getting into, such as how crypto differs from conventional investing methods and the many factors that can impact the market value.

 Before you begin, like with any investment, it is critical to understand exactly what global asset you are investing in. This is especially true for a speculative — and continuously evolving — asset like cryptocurrency. It is much easier to do this if you are familiar with the words often used in this world. Whether you want to acquire cryptocurrencies now or later, knowing the terminology is a smart place to start. To make sure you don't be left out in the cold, here's a beginners guide to getting started with cryptocurrencies.

Crypto Terms:

Here are some terminology and jargon to assist newcomers in grasping the world of cryptocurrency investment.

Mining:

This phrase can be a little perplexing at times. It looks like exploding mountains create the coins. No, they are not. Mining is the process of creating and distributing new crypto coins. Solving complicated mathematical problems necessitates the use of powerful computers. Users who complete this task get coins as a consequence. They may then trade the coins directly with their peers or through internet exchanges.

Of course, most traders do not mine or create new coins. Instead, much like any other asset in your financial portfolio, you may purchase and sell tokens from other individuals.

Whale:

Whale accounts are those that possess a huge amount of a coin and have the ability to affect the market on their own. Most well-known and popular cryptocurrencies have a slew of whales that can truly throw their "weight" around.

Indeed, there are prominent websites that follow the activities of whales to increase transparency in the bitcoin market.

Many whale accounts are early investors or huge money, and following what they're doing is a good method to predict how the cryptocurrency market will move.

Blockchain:

The bitcoin transaction relies heavily on a peer-to-peer network. Blockchain is a digital database that records each bitcoin transaction. There is no risk of a hacker gaining access and corrupting the information kept on the blockchain because there is no central database, and everyone may view the blockchain facts from anywhere.

Gas:

It is the charge of completing a bitcoin transaction. The fee covers the expense of paying a "miner" (the person who solved the equation and earned a coin) to search for and receive cryptocurrency on your behalf. Its size is determined by how soon you want the transaction to be completed.

Address:

It is the precise location to which bitcoin is transferred. It functions similarly to a bank account but solely contains cryptocurrency. For maximum security, each address, which consists of a string of alphanumeric characters, is used only once to store crypto assets. This address also assists a receiver in proving ownership of the bitcoin that has been delivered to them.

Fiat:

This phrase is most commonly used to contrast cryptocurrencies with normal currency (fiat), which is backed and issued by the government. It provides central banks with greater influence over the economy. Currencies, such as the US dollar and the Indian rupee, are examples of fiat money.

Altcoin:

It is basically anything or any other coin that isn't Bitcoin. Altcoins can range from the second-most popular coin, Ethereum, to any of the hundreds of coins with extremely little market value. According to experts, you should primarily invest in the larger, more popular cryptocurrencies.

Block:

These are the data sets within a blockchain. Blocks on cryptocurrency blockchains are made up of transaction records created when users buy or sell currencies. Each block can only store a certain amount of data. When it hits that limit, it creates a new block to continue the chain.

Crypto Wallet:

A wallet is where you keep all of your bitcoin currencies. It is encrypted, and if you forget your password, you will lose access to your wallet. Because cryptocurrency is founded on the concept of decentralized distribution, the only way to do so is to hold individuals accountable for their passwords.

Wallets are classified into two types: cold and hot. While a hot wallet is stored online and facilitates online trading, a cold wallet is similar to an offline safe to keep your valuables secure.

Hot Wallet:

A bitcoin wallet that is software-based and connected to the Internet. While digital wallets are more convenient for immediately accessing your crypto, they are more vulnerable to hacking and cybersecurity threats than offline wallets, just as data stored on the cloud may be more readily accessed than those kept in a safe at home.

Cold Wallet:

This is a safe way to keep your Bitcoin offline. Many cold wallets (also known as hardware wallets) are physical devices that resemble USB drives. This type of wallet can help secure your cryptocurrency from hackers and theft, but it also has its hazards, such as losing it along with your cryptocurrency.

Decentralization:

The distribution of power away from a central location. Blockchains have typically been decentralized since they require the majority permission of all users to function and make changes rather than a centralized authority.

Decentralized Applications:

These are the developer-created applications installed on a blockchain to carry out operations without the use of mediators. Decentralized finance operations are frequently carried out with the help of decentralized applications. Ethereum is the primary network that supports decentralized finance activity.

Fork:

When its users change the rules of a blockchain, changes to a blockchain's protocol frequently result in two new paths: one that follows the existing regulations and another that branches off from the prior one. (For instance, a Bitcoin fork resulted in Bitcoin Cash.)

HODL:

Though the word began in 2013 as a user mistake on a Bitcoin forum, it now stands for "Hold On for Dear Life." It refers to a passive investing technique in which investors acquire and hold cryptocurrencies rather than trade them to expect their value to rise.

Market Capitalization:

In the context of cryptocurrencies, the market cap refers to the total value of all coins produced. The market cap of a cryptocurrency may be calculated by multiplying the current number of coins by the current value of the coins.

NFTs:

NFTs or Non-fungible tokens are value units used to represent ownership of one-of-a-kind digital objects such as art or collectables. NFTs are often stored on the Ethereum blockchain.

Public Key:

It is the address of your wallet, which is comparable to your bank account number. You may provide people or institutions with your public wallet key so they can send you money or withdraw money from your account when you approve it.

Private Key:

The encryption code allows you to access your cryptocurrency directly. Your private key, like your bank account password, should never be shared.

Smart Contract:

A computational software that automatically enacts the conditions of a contract based on its code. The capacity of the Ethereum network to execute smart contracts is one of its primary value propositions.

Token:

A value system on a blockchain generally has a value proposition other than merely a value transfer (like a coin).

Final Words

Those considering investing in cryptocurrencies should understand that acknowledging industry terms can be advantageous. Would-be traders can enhance their chances of reaching their investing objectives by conducting the appropriate study and understanding this knowledge. 

Interesting in learning more about cryptocurrency? You can visit AskCrypto, a cryptocurrency forum where you can get more info about all the callouts, crypto trading, daily updates for the crypto market, and much more.

Speakers, Customers, and New Product Enhancements Demonstrate Importance of the Data-Driven Society

TIBCO has announced an impressive roster of speakers and customers to take the virtual centre stage at TIBCO NOW 2021, September 27-30, 2021. This year’s digital experience will include a free, two-day, core event; a jam packed agenda of keynote speakers; three premium one-day tracks; and a host of certification opportunities.  

TIBCO customers continue to demonstrate the limitless power of insights when embracing data as the fuel for innovation. This year's theme, “Limitless,” showcases how advancements in data continue to accelerate, with original  content targeted to business executives, data analysts, data scientists, business intelligence experts, and anyone in an organisation affected by or using data. 

"Every modern organisation now runs on data, and our ability to deliver deep insights from real-time data is truly limitless,” said Dan Streetman, chief executive officer, TIBCO. “At TIBCO NOW, we are excited to share how leading organisations around the globe are connecting, structuring, and using data to fuel innovation and make faster, smarter decisions."

TIBCO NOW will host industry thought leaders from around the world, representing a range of industries, including:

• Dr. Jennifer Doudna, a biochemist at the University of California, Berkeley, and Nobel Prize-Winning co-inventor of CRISPR Technology, who will speak about the role of data in medical science and how her CRISPR-Cas9 genome technology forever changed human and agricultural research;

• Michael Lewis, a financial journalist, New York Times best-selling author, and leading social commentator, who will offer perspectives on the ever-changing value systems that drive economic markets, political landscapes, and cultural norms; 

• Dr. Jill Seubert, an interplanetary navigator and leading expert on astrodynamics, estimation theory, and deep space navigation, who will walk attendees through technology advancements that support the next generation of deep space exploration;

• Associate Professor Ngiam Kee Yuan, group chief technology officer at National University Health System, who will share insights around artificial intelligence research and its implications for the future of healthcare.

The event will host 20 customer speaking sessions from respected companies such as New Balance, GM Financial, Autostrade per l'Italia, and Change Healthcare.

In addition, TIBCO executives will spearhead discussions on data’s role at the centre of the digital debate – how it’s driving customer experiences and reshaping the face of all industries. Speakers include Dan Streetman, chief executive officer; Rani Johnson, chief information officer; Matt Quinn, chief operating officer; Nelson Petracek, chief technology officer; and Fred Studer, chief marketing officer.

TIBCO NOW offers a free, two-day, core virtual event, with three product-focused premium tracks:  Connect, Unify, and Predict. These tracks speak to the importance of integration and API management, events and messaging, master data management, visual analytics, and the future of the data-driven enterprise.