Condenetint http://condenetint.com/ Tue, 24 May 2022 14:52:27 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://condenetint.com/wp-content/uploads/2021/06/cropped-icon-32x32.png Condenetint http://condenetint.com/ 32 32 K16 Solutions Marks a Milestone https://condenetint.com/k16-solutions-marks-a-milestone/ Tue, 24 May 2022 12:32:00 +0000 https://condenetint.com/k16-solutions-marks-a-milestone/

SCOTTSDALE, Ariz., May 24, 2022 /PRNewswire/ — K16 Solutions, the EdTech industry leader in content and data migration and integration, today announced a milestone: it is actively migrating or archiving one million online courses using its wireless technology. precedent, which easily facilitates the movement of content and data to and from different systems. In addition, this milestone of one million lessons has been reached in less than three years since the technology was brought to market.

K16 Solutions’ sophisticated automation migration service, System Migration, was first introduced in 2019 to help institutions migrate LMS course content from one platform to another. Soon after, K16 secured deals for SystemMigration with all major LMS vendors, including Instructure, D2L, Open LMS, and Blackboard (now part of Anthology), as well as partnerships with other edTech companies in leading companies such as Coursera, Kaltura, Panopto and Noodle Partners. He is now actively migrating over a hundred institutions around the world to their new LMS with extraordinary ease and accuracy.

In addition to its migration offer, K16’s Data Archiving The solution allows institutions to archive their historical course content and student data on its proprietary platform at a fraction of the cost compared to archiving on a legacy LMS. And with user-friendly features, archived content and data, such as registration information, submissions, discussions, answers, attachments, assignments, quizzes, gradebook, comments, etc. ., can be viewed through an easy-to-use interface or synced. to the institution’s current LMS whenever needed.

“One million courses, representing more than 100 institutions around the world, are actively migrated or archived using K16 Solutions’ sophisticated technology,” said Dr. Thomas Waite, President and CEO of K16 Solutions. “It’s a source of pride for K16, but more importantly, it’s gratifying to know that we’ve saved institutions millions of dollars and thousands of staff and faculty hours with our industry-leading solution. Our technology is limitless, just like the problems it can solve – and the best is yet to come.”

About K16 Solutions:

Founded by experienced higher education leaders, faculty, and university entrepreneurs, K16 Solutions solves the biggest EdTech challenges facing institutions today. Using its proprietary technology, schools can, for the first time, quickly and seamlessly migrate LMS platforms, archive outdated online courses and student data, and replace course content. To learn more, visitwww.k16solutions.com.

press contact

Jason Simmons

VP Marketing, K16 Solutions

602.690.8423

[email protected]

SOURCE K16 Solutions

]]> Fairway Adds Canzanella to Reverse Mortgage Business Development Role https://condenetint.com/fairway-adds-canzanella-to-reverse-mortgage-business-development-role/ Mon, 23 May 2022 21:56:20 +0000 https://condenetint.com/fairway-adds-canzanella-to-reverse-mortgage-business-development-role/

Fairway Independent Mortgage Corp. added Cheryl Canzanella to a role overseeing the business development of Home Equity Conversion Mortgage (HECM) with a focus on retirement solutions, the company announced Monday. She comes to Fairway with more than 20 years of experience in the financial services industry, having previously held leadership and management positions.

Cheryl Canzanella

In her new role, Canzanella will work specifically to further strengthen Fairway’s educational partnership with the National Association of Insurance and Financial Advisors (NAIFA), and is uniquely qualified for her new role having served as past president of Jacksonville, Florida. NAIFA chapter. She is also a past recipient of the NAIFA-FL President’s Award and was also recognized as the 2019 NAIFA National Youth Advisor of the Year Team Leader.

“Among advisors and senior homeowners, there is a need for greater awareness and understanding of home equity products and how they can enhance a strong retirement plan,” said Harlan Accola, national director of reverse mortgages at Fairway. “We knew it was essential to have someone in this role with Cheryl’s skills and knowledge base. We are always looking to improve the business relationship between our loan officers and our trusted financial advisors, and Cheryl is a big step in that direction.

For her part, Canzanella describes being seduced by the culture and overall mission of Fairway’s reverse mortgage division, seeing a direct ability to serve it.

“What attracted me to Fairway was the people, the culture and the leadership,” says Canzanella. “I am thrilled to be part of a company that is committed to providing financial professionals and senior consumers with educational resources on mortgage issues, particularly how they consider mortgage planning. retirement and long-term care.

Fairway first announced its partnership with NAIFA in August 2020, which positioned the lender as a subject matter expert within NAIFA’s Limited and Extended Care Planning Center (LECP).

“A lot of attackers have never had a relationship with a financial advisor,” Accola said when the partnership was announced. “We think they should because it will allow them to help people in their 40s and 50s. Let them know they don’t have to pay down the house because they can get a reverse mortgage at 62 years could allow them to invest more money now.

As part of the arrangement, Fairway is providing educational materials for NAIFA-sponsored events, such as webinars, blog posts, and print articles in the Advisor today publication of magazines. Additionally, the two organizations planned to collaborate through the LECP Center to further educate financial planners and consumers on a host of mortgage-related topics, including the increased integration of home equity into the retirement planning.

Last month, Accola secured its own reverse mortgage and described the experience of getting it for RMD. The lender has also made additional inroads in its development of the HECM for Purchase (H4P) business, outlining some of its methods and recently appointing a new dedicated H4P Business Development Manager.

According to HECM approval data compiled by Reverse Market Insight (RMI), Fairway is the eighth-largest reverse mortgage lender in the country, registering 2,016 endorsements in the 12-month period ending April 2022.

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The Investor Opportunity for Bank Stocks: Why They’re Falling as Interest Rates Rise https://condenetint.com/the-investor-opportunity-for-bank-stocks-why-theyre-falling-as-interest-rates-rise/ Mon, 23 May 2022 14:40:15 +0000 https://condenetint.com/the-investor-opportunity-for-bank-stocks-why-theyre-falling-as-interest-rates-rise/

VSast your mind if you can, dear reader, in the spring of last year. We had lived through more than a decade of low interest rates, and a rising rate environment was a theoretical, almost mythical beast; something that our parents talked about in whispers but that we had only a vague memory, if at all. Yet, like winter, it was coming, we were told, and preparing for it was all the rage.

In my world of commentaries and experts, everyone was fighting over an original way to do it. However, underlying all of this was the “obvious” game of rising rates: the buying of banking and financial stocks. It became the conventional wisdom that banks and insurance companies would be among the few beneficiaries of rate hikes, and that investors could not just hide in the sector while the Fed acted, but make gains there.

The theory behind this idea is quite simple. The traditional source of profit for banks is the spread between the rate at which they can borrow money and the rate at which they can lend it. If rates rise, money borrowed cheaply can be loaned out at higher interest rates, increasing profits. That, it seems, was fine in theory, but since the Fed confirmed its intention to start raising rates earlier this year, traders have seen things differently. Here is the chart of the financial sector ETF, XLF, from March 16, the day Fed Chairman Jay Powell announced the first rate hike in this series, through Friday’s close:

As you can see, despite this theoretical advantage for banks in a rising rate environment and after climbing for a few weeks on the news, XLF quickly turned the corner and lost 17.7% from its ending high. March. For comparison, the Dow Jones Industrial Average has lost about 12% over the same period. If you extend the chart further back in time, you will see that XLF is trading at the same level as February 2021, around the time the preparation for rate hikes began. He gave up all winnings from being the “obvious” rising rate game.

So, is rising rates really good for banks or not?

Well, yes, rising rates are good for banks in some ways, but there are concerns that the impact they will have on the broader economy will negate that benefit. You would think that inflation would encourage borrowing as household and business budgets tighten, but consumers and businesses are used to borrowing at low rates. If the increases scare them off and drastically reduce borrowing, the increased margin available to banks won’t matter. In addition, there are fears that the Fed’s response to inflation could push the economy into a recession, further reduce borrowing appetite and increase default rates on existing loans.

Then there is the fact that for most banks, brokerage and investment services are an important source of income. The decline in stocks will have discouraged investors, while reducing the value of clients’ investment accounts. In a world where most brokers charge annual fees based on a percentage of account value rather than charging for trades, this will inevitably hurt banks’ earnings on this side of their business.

When you consider all the potential downsides of the current environment for financial stocks in this way, the lower XLF makes a little more sense. The fact is, however, that in the scary atmosphere created by a volatile market, these negatives are the only things traders and investors have looked at. They completely ignored the very real benefit of higher rates for banks.

This still exists, as a presentation from JP Morgan (JPM) on their Investor Day clearly shows. In it, the company said it now expects to achieve a return on equity of 17% by the end of this year, after dropping that target in January. The reason for their return to optimism? Rising prices.

All things considered, it looks like the market is doing what markets do, overreacting on the upside and then overreacting on the downside. While the market was still feeling bullish and traders focused on finding a sector that could benefit from rate hikes, financials soared; once the mood changed and the focus shifted with it, they crumbled and lost all those gains. However, as JP Morgan’s presentation makes clear, there are very real benefits to raising rates for banks. Equity prices in the sector at levels prior to these rate hikes therefore make no sense.

Based on this, financials represent a good opportunity for investors in a generally dangerous market, and should be among the first places investors looking to deploy capital on this decline are looking for bargains.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Gemini Data Loggers Sponsors Envirotech Online Low Energy Building Database https://condenetint.com/gemini-data-loggers-sponsors-envirotech-online-low-energy-building-database/ Sun, 22 May 2022 13:11:02 +0000 https://condenetint.com/gemini-data-loggers-sponsors-envirotech-online-low-energy-building-database/

Surveillance Equipment Manufacturer Gemini Data Loggers is a proud sponsor of a project to rebuild the AECB Low Energy Buildings Database into an international knowledge platform on sustainable buildings.

The Low Energy Buildings Database is the UK’s leading publicly available database of sustainable buildings and construction practices. Gemini Data Loggers, maker of the Tinytag range of data loggers, is sponsoring an AECB (Association for Environment Conscious Building) project to evolve the platform into an international benchmark for low-energy buildings.

“As a UK manufacturer, we are delighted to be involved in a project that will drive better, more sustainable building design in the UK and beyond,” says Ana Carmona Rodríguez, Gemini Data Logger Marketing Manager. “Reliable monitoring of temperature, humidity and energy consumption is essential to understanding building performance; from testing the efficiency of building materials and appliances to assessing living conditions before and after occupancy, data allows architects and designers to choose the most efficient designs and materials to create comfortable, low-energy buildings.

Currently, the LEBD showcases 455 building projects in the UK that incorporate low energy innovation into their design, including private and social housing, schools and offices. The database is unique in that it details the entire building construction and renovation process, making it an invaluable resource for those looking to replicate sustainable building practices.

The funding, provided by Gemini Data Loggers and MCS Charitable Foundation, will be used to replace outdated technology and make LEBD a resource for homeowners, builders, construction companies and local authorities to share and learn about how to building for a low carbon economy. future. The new database will include standardized data entry, improvements in sharing and access, better feedback for projects and will encourage the publication of monitoring results.

Andy Simmonds, CEO of the AECB, said: “Funding from the MCS Charitable Foundation and the support of Gemini Data Logger as a founding sponsor will enable the AECB to create a collaborative international building platform for organizations in the UK, Ireland, Europe, North America, Canada and New Zealand to promote better designed and built, high-performance, zero-carbon buildings.”

As we navigate through the climate emergency, the revamped Low Energy Buildings Database will be an essential tool to enable more individuals and organizations to tackle the transition to zero buildings. carbon. Monitoring the effects of low energy solutions using simple monitoring equipment such as data loggers, and sharing the results with the new LEBD, will be essential to ensure that sustainable building techniques more efficient ones can be deployed for an effective transition to a zero-carbon future.

Gemini Data Loggers designs and manufactures a range of building monitoring equipment including temperature and relative humidity data loggers to assess occupant comfort, carbon dioxide data loggers to monitor building quality indoor air and data loggers to monitor energy consumption and efficiency. Tinytag data loggers have been used to assess a range of construction projects, including Passive House certified buildings and historic building renovations.

“As a sponsor of this project, we are excited to bring our reliable and easy-to-use Tinytag data loggers to the forefront of innovative and sustainable building practices,” says Ana Carmona Rodríguez. “Sharing monitoring data around the world using the new Low Energy Buildings Database will be essential for an effective international transition to low energy buildings.”

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Banks have set aside cash to cover bad debts and prepare for a £7billion hit on unsecured loans https://condenetint.com/banks-have-set-aside-cash-to-cover-bad-debts-and-prepare-for-a-7billion-hit-on-unsecured-loans/ Sat, 21 May 2022 23:18:01 +0000 https://condenetint.com/banks-have-set-aside-cash-to-cover-bad-debts-and-prepare-for-a-7billion-hit-on-unsecured-loans/

Banks have set aside cash to cover bad debts and brace for a £7billion hit on unsecured loans as the cost of living crisis bites into the finances of everyday Britons

  • UK banks prepare to cover cost of £7bn in unsecured loans
  • Debt expected to be around a third higher than before the pandemic
  • The cost of living crisis has left some borrowers struggling to repay their loans

Banks are preparing to cover the cost of £7billion in unsecured loans over the next two years as the cost of living crisis takes hold.

The amount of debt is expected to be about a third higher than pre-pandemic levels.

But a sudden rise in commodity prices and household energy bills has reduced household purchasing power, leaving some borrowers struggling to repay credit cards and loans.

Banks are preparing to cover the cost of £7billion in unsecured loans over the next two years as the cost of living crisis takes hold. Pictured: Chancellor Rishi Sunak speaking at the annual CBI dinner at the London Brewery on May 18

The news puts pressure on Chancellor Rishi Sunak to do more to help families cope

The news puts pressure on Chancellor Rishi Sunak to do more to help families cope

The news puts pressure on Chancellor Rishi Sunak to do more to help families cope.

Banks are setting aside billions of pounds to cover the sharp rise in bad debts. Analysis by stockbroker AJ Bell for The Mail on Sunday has revealed provisions for bad loans at Lloyds, which make up around a fifth of loans in the country, are set to rise from £820m this year to more than £1.3 billion by 2024.

Anna Anthony, partner at accounting firm EY, said: “Households are already feeling the pressure of the cost of living and unfortunately this is set to get worse in the months ahead.

She also pointed out that the expected peak in default rates on consumer loans is still well below the level reached in the aftermath of the 2008 global financial crisis, when 5% of all unsecured debt was written off.

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The Nasdaq is down 27%: Time to buy these 3 stocks https://condenetint.com/the-nasdaq-is-down-27-time-to-buy-these-3-stocks/ Sat, 21 May 2022 12:08:41 +0000 https://condenetint.com/the-nasdaq-is-down-27-time-to-buy-these-3-stocks/

A the bear market is cemented when an asset or index falls by 20% or more; by this definition, the Nasdaq-100 The technology index is indeed there with a loss of 27% compared to its all-time high. Some individuals tech stocks are down much more than that, which can be daunting for investors, but it’s not all bad news.

A new tech bull market is a matter of when, not if. So while you can’t control when the bottoming occurs, you can control what stocks you buy right now – and given the steep discounts on offer, there are plenty of potential opportunities. Three Motley Fool contributors are eyeing Duolingo (NASDAQ: DUOL), Confluent (NASDAQ: CFLT)and DocuSign (NASDAQ: DOCU) thanks to their blockbuster earnings reports recently, which could pave the way for long-term growth.

Image source: Getty Images.

A leader in digital education

Antoine Di Pizio (Duolingo): According to Duolingo, an estimated 1.8 billion people are learning a foreign language worldwide. The company’s flagship mobile app has amassed 500 million downloads since its inception, and while that’s a staggering number, its addressable opportunity clearly suggests there’s plenty of growth potential ahead.

The company’s success so far is attributable to its playful approach to digital language education. Its application incorporates interactive features with a competitive component, combined with a social aspect that allows users to share their progress with their friends. Duolingo began monetizing with subscriptions in 2018, and it skyrocketed in the rankings to become the top-grossing mobile app in the education category across Applethe App Store and Alphabetfrom Google Play Store.

While many companies experienced slower growth in early 2022 due to tightening economic conditions, Duolingo Q1 2022 results blew away all expectations. The app operates on a partially monetized “freemium” model with advertising for free users and paid monthly subscriptions for users who want a more comprehensive feature set. In the first quarter, the number of people who paid for a premium subscription soared 61% year-over-year to 2.9 million. They now represent a record 6.8% of Duolingo’s 49.2 million monthly active users, up from 4.8% a year ago.

This led to a 55% increase in bookings – which should convert to revenue in the future – to $102 million for the quarter. The result was so strong that management chose to increase its full-year 2022 revenue forecast, now anticipating up to $358 million, which would represent 43% growth over 2021.

But there is also a long-term game here. Duolingo is constantly improving the educational experience and recently started leveraging artificial intelligence to help users learn from their mistakes faster. In 2021, it also developed brand new lessons for languages ​​with non-Roman writing systems like Japanese and Hebrew to help expand its user base.

With Duolingo stock down 62% amid the wider technology salenow may be the perfect time to start building a position in this growing company.

A person looking at server hardware while holding a laptop computer.

Image source: Getty Images.

Enable real-time scanning

Jamie Louko (Confluent): The traditional standard for processing data is for a company to send it to a data warehouse, where it is processed daily in batches. However, many businesses need to analyze their data immediately, such as a bank needing to ensure that transactions are not fraudulent. Real-time data analytics has been underserved in a market where data is growing rapidly, but Confluent is making real-time data analytics more mainstream so businesses operate faster, more accurately, and more efficiently.

Confluent has seen stellar adoption. The company’s customer base soared 62% year-over-year to 4,120 in the first quarter of 2022, helping it hit $126 million in quarterly revenue. Its remaining performance obligations — which are contractual future earnings — also rose 96% year-over-year to $551 million. This shows that the idea of ​​real-time data analytics is becoming more popular, and Confluent is having the lion’s share of this adoption.

Where the company shines is with Confluent Cloud. It is cloud-native and fully managed by Confluent, while its on-premises software is managed by the customer. Confluent Cloud’s revenue skyrocketed 180% year-over-year to $39 million, and retention on its cloud product is far stronger than its core solution. Cloud net retention rate was over 150% in the first quarter, well above the overall retention rate of 130%, and cloud customers accounted for more than 50% of the annual contract value of new bookings. Both of these platforms, however, are incredibly sticky, and the company is seeing customers using Confluent more at a much faster rate than customers are leaving.

The weak points of Confluent are its unprofitability and its cash flow. In the first quarter, the company lost $113 million and it burned $58.4 million in free cash flow. The company has nearly $2 billion in cash and securities on the balance sheet to fund these losses for an extended period, but if a long-term recession were to hit the company and these losses accelerated for several years, Confluent could be caught between a rock and a hard place.

That being said, Confluent looks like a great company to own right now. The stock has fallen almost 80% from its all-time high, and it now trades at 12 times sales, a reasonable valuation for a company growing as quickly as Confluent. With digitalization trends in the business world behind it, Confluent is well positioned for long-term success.

A lawyer signing a digital tablet with a statue of a lady of justice on the desk.

Image source: Getty Images.

Streamline Agreement Workflows

Trevor Jennewin (DocuSign): Agreements are the cornerstone of any business. But the manual, paper-based processes typically used to prepare, manage, and act on agreements are time-consuming, expensive, and prone to human error. Fortunately, DocuSign can help.

Its platform, aptly named the Accord Cloud, includes a suite of software built around DocuSign eSignature, a tool that enables organizations to capture legally valid electronic signatures on virtually any device, from any Where in the world. The Accord Cloud also includes solutions for automated contract generation, artificial intelligence-based risk scoring and electronic notarization. Together, these products accelerate agreement workflows, helping customers work more efficiently.

DocuSign faces competition from a software giant Adobe, but the breadth of the Cloud Accord gives the company a significant advantage. In fact, DocuSign has about 70% of the e-signature software market, and the company has also positioned itself as a leader in agreement analytics and contract lifecycle management. This translated into strong financial results.

In fiscal year 2022 (ended Jan. 31), DocuSign grew its customer base by 31% to 1.2 million, and the average customer spent 19% more, demonstrating the effectiveness of the strategy management’s growth in location and expansion. In turn, revenue soared 45% to $2.1 billion and free movement of capital skyrocketed 107% to $445 million.

Shareholders have good reason to believe that this dynamic will continue. DocuSign estimates its market opportunity at $50 billion, half of which is attributed to its core electronic signature product. Given its strong position in this market, DocuSign should have no problem growing its business as more and more organizations invest in digital transformation. And with a price-to-sales ratio of 7.3, the stock is bouncing back to its cheapest valuation in three years. That’s why now is a good time to buy some shares.

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Suzanne Frey, an executive at Alphabet, is a board member of The Motley Fool. Antoine Di Pizio has no position in the stocks mentioned. Jamie Louko has positions at Apple and Confluent, Inc. Trevor Jennewin has positions in DocuSign. The Motley Fool owns and recommends Alphabet (A shares), Alphabet (C shares), Apple, Confluent, Inc. and DocuSign. The Motley Fool recommends the following options: $60 Long Calls in January 2024 on DocuSign, $120 Long Calls in March 2023 on Apple, and $130 Short Calls in March 2023 on Apple. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Governments need to understand that resources are held in trust. They must not be wasted https://condenetint.com/governments-need-to-understand-that-resources-are-held-in-trust-they-must-not-be-wasted/ Fri, 20 May 2022 22:31:03 +0000 https://condenetint.com/governments-need-to-understand-that-resources-are-held-in-trust-they-must-not-be-wasted/ A senior ruling party official in Rajasthan reacted to my question on handling the unsustainable borrowing burden of their recent decision to retire civil servants with, “this bill is only due in 25 years.” My follow-up question on the injustice of 60 percent of the Rajasthan government budget going to 5 percent of the state’s population got “you don’t understand politics”. I guess questions about electricity in Punjab would get similar answers. The recent decision to deduct off-budget borrowing from state borrowing limits reminds chief ministers to be good political forefathers by replacing steroids, painkillers or placebos with long-lasting drugs – five structural interventions that create well-paying jobs.

A modern state is a welfare state. Human lives were “wicked, brutal and short” before there were democratic governments that could tax and borrow. In A Brief History of Equality, economist Thomas Piketty suggests that “the world of the early 2020s, as unjust as it may seem, is more egalitarian than that of 1950 or 1900, which were… more egalitarian than those of 1850 or 1780”. . But how the welfare state is funded matters. Angela Merkel warned against the fact that Europe does not represent 8% of the world’s population, 25% of its GDP and 50% of its social expenditure. If Indian state governments could print or borrow money without limit, some would have finances resembling those of Sri Lanka.

Adjusting government borrowing limits for their off-budget borrowing leads to transparency as they are routinely breached through vehicles for schemes whose bill falls due in the distant future. Confiscation of future spending – interest payments crowd out spending and revenue spending crowds out investment spending – is important because our prosperity problem is productivity, wages, not jobs. Unemployment is a poor measure of the labor market because self-exploitation is embedded in our three low-wage buffers – agriculture, informal wage employment, and self-employment. But five structural interventions by state governments can create better-paying jobs:

Reduce regulatory cholesterol: States control 80% of India’s employer compliance ecosystem, which has over 67,000 compliances, over 6,500 filings and over 26,000 criminal provisions. Raising wages requires increasing the population of high-productivity firms that access capital, value talent, use technology, and care about corruption (transmission losses between how the law is written, interpreted, practiced and applied). State governments that streamline, decriminalize and digitize their compliance ecosystem will reap less corruption and more formality.

Fix Public Schools: State government skills missions have learned that we cannot teach children in three months or three years what they should have learned in 12 years. The most powerful tool for social mobility and employability is free, quality school education. Interventions to fix public schools have mainly involved smaller class sizes, teacher salaries, teacher qualifications and toilets. These are useful but not sufficient. State governments undertaking a major overhaul of school performance management (the fear of falling and the hope of progress for teachers) and governance (the allocation of decision rights over resources and hiring) will create an unfair advantage in human capital.

Converging Education and Employability: State governments have often extended and reinforced India’s traditional walls between degrees and skills. This partition makes no sense for the new world of work, organizations and education. States should establish skills universities that create modularity of qualifications (between certificates, diplomas, advanced diplomas and diplomas), delivery flexibility (online equivalent, apprenticeships, on-site and on-campus classrooms ) and pray to the unique god of employers. Graduate apprentices innovate at the intersection of employment, employability and education. State governments that remove barriers in their path will see their population of employed learners surpass full-time learners.

Delegating money and power: cities drive the creation of productive jobs – New York’s GDP is greater than Russia’s. Cities ensure social justice – the father of an IAS friend traveled from his village to Jodhpur to have his hair cut because the village barber refused to serve his caste. It took 70 years after 1947 for the budget of 28 states to cross the budget of the central government. The combined budget of state governments now exceeds Rs 45 lakh crore, but 2.5 lakh municipalities and panchayats have a budget of just Rs 3.7 lakh crore. Governments that delegate money and power from state capitals to their cities will avoid the curse of megacities and create the competition that has spurred China’s growth (they have 375 cities with over a million people against our 52).

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Civil service reform: Opportunity infrastructure needs better public schools, primary health care, policing and infrastructure. State governments must sell their more than 1,500 loss-making public sector units, reduce civil service compensation to less than 40% of budget spending, and replace spending with capital spending. Moving from spending to results requires a new human capital regime for civil servants through seven interventions; structure, staffing, training, performance management, compensation, HR culture and capabilities. A top-of-the-page tone of “do less so we can do better” signals a desire to create well-paying jobs more than advertisements.

Only a fool would suggest that our Chief Ministers aren’t working hard in tough jobs – elections are won on a complex cocktail of factors which I don’t appreciate. But Nobel laureate James Buchanan said any state has three versions – the protective state (police, rule of law, defence, courts), the productive state (commons like roads, electricity, health , education, etc.) and the redistributive state. . Too many state governments accept the status quo in the first two versions and “innovate” in the third version. It is time to redirect resources to the first two.

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During a recent visit to my birthplace of J&K – my first after obtaining my residency certificate – an aging but wise resident suggested that the political dynasties of J&K had forgotten the distinction between a jagir (property that allows you to do what you want) and an amanat (a temporary duty to pass on what you have to the next generation in better condition). He also suggested that nothing can improve anyone’s future than a well-paying job. Irshaad, Haji Sahib.

The author is with Teamlease Services

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Arsenal vs Everton: Get cash back in CASH if you lose, plus Premier League tips and predictions 103/1 https://condenetint.com/arsenal-vs-everton-get-cash-back-in-cash-if-you-lose-plus-premier-league-tips-and-predictions-103-1/ Fri, 20 May 2022 12:35:00 +0000 https://condenetint.com/arsenal-vs-everton-get-cash-back-in-cash-if-you-lose-plus-premier-league-tips-and-predictions-103-1/

PADDY POWER is offering punters up to £20 cash back if their bet on Arsenal vs Everton loses.

New customers who sign up and wager £20 on Sunday’s Premier League clash will get their money straight back if they are unsuccessful!

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Paddy Power offer – Bet £20 and get it back in CASH if he losesCredit: GETTY

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Arsenal host Everton at the Emirates Stadium on Sunday.

The Gunners still have dim hopes of breaking into the top four and qualifying for the Champions League.

But it’s out of their hands.

Mikel Arteta’s side MUST beat Everton and hope rivals Tottenham lose to relegated Norwich.

They will take comfort in their excellent home record against the Toffees, who have lost 11 of their last 16 visits to the Emirates.

Frank Lampard’s side will no doubt be less motivated after securing their top-flight safety against Crystal Palace on Thursday.

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Arsenal v Everton

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  • Granit Xhaka – Shown Map
  • Dele Alli – Shown a map
  • Bukayo Saka – The player will have at least 2 shots on target
  • Anthony Gordon – Player will have 1 or more shots on target

Bet €20 and get it back in cash if he loses*

We therefore back Arsenal to record a 3-1 win at odds of 9/1.

New Paddy Power customers can take our advice and if we are successful you will win £200 on a £20 bet!

If we’re wrong, you get your money back directly in cash. It’s that simple.

But if you fancy going for something a little bigger (OK, a lot bigger) then you can back our quadruple bet generator which has been increased to 103/1.

Our selections are: Granit Xhaka – Shown a card, Dele Alli – Showed a card, Bukayo Saka – Player must have at least 2 shots on target, Anthony Gordon – Player must have 1 or more shots on target

£20 on this return £2,084 if he comes back.

Bet €20 and get it back in cash if he loses*

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Remember to gamble responsibly

A responsible player is a person who:

  • Set time and money limits before playing
  • Only plays with money he can afford to lose
  • Never chase their losses
  • Don’t play if upset, angry or depressed
  • Gamcare – www.gamcare.org.uk
  • Gamble Aware – www.begambleaware.org

For help with a gambling problem, call the National Gambling Helpline on 0808 8020 133 or go to www.gamstop.co.uk to be banned from all UK regulated gambling websites.


*New customers only. Place your FIRST bet on any football market and if it loses we will refund your CASH stake. The maximum refund for this offer is £20. Only deposits made with cards will be eligible for this promotion. The T&Cs apply.

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New platform provides TV audience data for UAE https://condenetint.com/new-platform-provides-tv-audience-data-for-uae/ Fri, 20 May 2022 01:18:46 +0000 https://condenetint.com/new-platform-provides-tv-audience-data-for-uae/

New platform provides TV audience data for UAE

May 19, 2022

As Nielsen rolls out a new solution to measure media consumption in Saudi Arabia, mena.tv, a B2B marketplace for TV content in the Middle East and North Africa, has launched a platform providing audience data daily broadcasts for around five million viewers based in the United Arab Emirates.

Unveiled at the CABSAT 2022 event in Dubai, the mena.tv platform has been providing viewing data – including demographic breakdowns by age and nationality – for 1.1 million households in the United Arab Emirates for two years and over more than 600 channels from the E-Vision network. “For more than 20 years, we’ve sat without data, dependent on phone calls and asking, ‘What did you watch last night?’ says Founder and CEO Nick Grande. ‘Now we know. Now we have for the first time real data for more than half of the population of the United Arab Emirates”.

The event also showcased the new platform measuring home video and content consumption in the Kingdom of Saudi Arabia, developed through a partnership between the Media Rating Company and Nielsen – this will begin by reviewing satellite and the OTT and will expand to cover games, podcasts, radio and print. Sarah Messer, managing director of Nielsen Media MENAP, said the television and video measurement system being developed for Saudi Arabia is unlike any other in the world except Denmark.

Websites: index.mena.tv and www.nielsen.com.

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A Deep Dive into How the Fintech Industry is Changing the Lending Process https://condenetint.com/a-deep-dive-into-how-the-fintech-industry-is-changing-the-lending-process/ Thu, 19 May 2022 14:02:52 +0000 https://condenetint.com/a-deep-dive-into-how-the-fintech-industry-is-changing-the-lending-process/

As the fintech industry continues to grow and evolve, so does the process of getting a loan. Fintech companies are now changing the way loans are processed and approved, making it easier than ever for borrowers to get the money they need. But what is fintech and how does it impact the lending process? Let’s take a closer look.

What is Fintech?

Fintech, short for financial technology, is an umbrella term used to describe any company providing financial services using technology. This can include anything from mobile apps that let you send money to friends and family (like Venmo) to investment platforms (like Robinhood) to companies that offer loans (like SoFi ). Increasing your funds with instant cash loans is just one fintech advancement that can get you a loan fast. Fintech companies are typically startups that use technology to deliver financial services more efficiently and easily than traditional banks or financial institutions.

Reasons to get a loan online

There are several reasons why you might consider getting an online loan from a fintech company. First, fintech companies generally have a much shorter and simpler application process than traditional banks. This means you can get the money you need within days, rather than waiting weeks or even months for a bank to decide.

Second, fintech companies often have lower interest rates than traditional lenders, which makes borrowing money more affordable. Third, because fintech companies are generally more nimble and flexible than traditional financial institutions, they may be more willing to work with you if you have less than perfect credit.

How is Fintech changing the lending process?

Fintech companies are changing the lending process in different ways. They make it easier for borrowers to apply for loans. Traditional banks often require borrowers to complete lengthy paper applications and submit various documents, such as pay stubs and tax returns. Fintech companies, on the other hand, typically allow borrowers to apply for loans entirely online. This not only saves time, but also makes it easier for borrowers who may not live near a bank branch or have easy access to a fax machine.

Alternative data

Fintech companies use alternative data to approve loans. Alternative data is information that can be used to assess a borrower’s creditworthiness, but is generally not considered by traditional lenders. For example, a fintech lender may look at your utility bills or rent to determine if you are likely to repay a loan. This is especially helpful for borrowers who don’t have a traditional credit history (like young adults or immigrants).

Faster loan approval process

Fintech companies are using technology to speed up the loan approval process. Traditional lenders often take days or even weeks to approve a loan. Fintech companies, on the other hand, can often approve loans in just minutes. This is because they use automated underwriting systems that quickly assess a borrower’s creditworthiness.

Convenience

Fintech companies make it easier for borrowers to get their money. Traditional banks typically require borrowers to visit a branch to collect their loan proceeds. Fintech companieson the other hand, often deposit loan proceeds directly into the borrower’s bank account, making it easier for borrowers to access their money.

Transparency

Fintech companies offer more transparency throughout the lending process. Traditional lenders often keep borrowers in the dark about the status of their loan application or the reason for denial. Fintech companies, on the other hand, typically provide borrowers with clear and concise information every step of the way. This helps build trust between lenders and borrowers and increases the likelihood that borrowers will repay their loans.

The Future of Fintech Lending

The future of the fintech industry and related lending looks very bright. We can only expect more innovation and convenience in the years to come. So if you need a loan, don’t be afraid to turn to a fintech lender. You might be surprised how easy and quick the process is. And who knows, you might even get a better interest rate than a traditional bank. Interest can be checked on different platforms offering loans.

Fintech companies are changing the way loans are processed and approved, making it easier and faster for borrowers to get the money they need. Although there are still traditional lenders, fintech is quickly becoming the new normal. So if you need a loan, be sure to check out some of the many fintech lenders out there. You might be surprised how easy and convenient it is to get a loan from a fintech company.

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