Increase global resilience Having leaders articulate the importance of working with one another - at a moment that so clearly calls for greater unity but lacks it - can serve as a vital step in rechannelling momentum in the right direction, said
Børge
Brende, President of the World Economic Forum. The direction we need to head is toward greater dialogue, coordination and collective action. Only in this way can we shape a more equitable and sustainable recovery and increase our future resilience.
Members of the Global Action Group
Mohammed Alardhi, Executive Chairman, Investcorp Holding
John R. Allen, President, The Brookings Institution
January 22, 2021 at 9:02 AM
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If a Biglaw firm cares about something then there’ll be a way to bill for it. The billable hour is more than just a way for a firm to collect money owed to them (though obvi, it’s that too) but it’s also a way to track what their employees are actually doing with their time. Billable hours particularly at firms that have hours requirements for bonuses assign a clear value to the time and effort that went into a particular task. Now a Biglaw firm is saying diversity is something worthwhile and will be counted in billable hours.
The World Economic Forum today released a set of seven principles to serve as a new compass for global relations The Principles for Strengthening Global.
Dec 17, 2020 10:27 GMTCrypto News
Ripple’s cryptocurrency may benefit from the IBM-Expertus deal.
XRP breaks above the upper line of a triangle pattern.
Ripple (XRP) resumed the recovery after the devastating sell-off below $0.5 at the beginning of the week. At the time of writing, XRP is changing hands at $0.56. The third-largest digital asset has gained over 23% on a day-to-day basis amid strong bullish sentiments on the cryptocurrency market.
Ripple’s market capitalization increased to $25 billion, while its average daily trading volume is registered at $17 billion.
Ripple may benefit from IBM-Expertus deal
IBM, the hi-tech giant, announced the acquisition of Canadian fintech startup Expertus Technologies, a partner of Ripple in the payments division. The company will provide a technology that will help to process over $50 billion in transactions per day. IBM hopes to improve its electronic-payments capabilities and meet banking clients’ needs while controlling expe
Canadian Fintech Expertus, Processor of $50B in Transactions Per Day, Acquired by Tech Giant IBM
New York-based tech giant
IBM Corp. (NYSE:IBM) has acquired
Expertus Technologies Inc., a Canadian Fintech company that assists clients with processing over $50 billion in transactions per day. IBM bought the company so that it could enhance its electronic-payments capabilities.
Expertus has now been added to IBM’s Global Business Services division. The financial terms of the transaction have not been shared publicly.
Banks across the globe are investing approximately $100 billion to streamline and update their payment systems so that they can keep up with competitors like PayPal Holdings Inc. (NASDAQ: PYPL) and Square Inc. (NYSE:SQ), according to Shanker Ramamurthy, Global Managing Partner for Banking at IBM Services. Acquiring Expertus should help IBM with ensuring that its banking customers are able to meet those challenges while managing expenses and adhering to regulatory gu