Finance Apps – Bellow In Gark http://bellowingark.org/ Tue, 20 Sep 2022 07:44:12 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://bellowingark.org/wp-content/uploads/2021/05/default1.png Finance Apps – Bellow In Gark http://bellowingark.org/ 32 32 Sequential orders up to $19M led by a16z for new approach to B2B fintech • TechCrunch https://bellowingark.org/sequential-orders-up-to-19m-led-by-a16z-for-new-approach-to-b2b-fintech-techcrunch/ Tue, 20 Sep 2022 07:11:12 +0000 https://bellowingark.org/sequential-orders-up-to-19m-led-by-a16z-for-new-approach-to-b2b-fintech-techcrunch/ When it comes to fintech, consumers have received the most attention over the past decade, with banking, credit, investing, and other legacy services getting the disruption treatment. But at the same time, there has been a growing trend to build more for the B2B market following the rise of tech companies, and today one of […]]]>

When it comes to fintech, consumers have received the most attention over the past decade, with banking, credit, investing, and other legacy services getting the disruption treatment. But at the same time, there has been a growing trend to build more for the B2B market following the rise of tech companies, and today one of the new hopefuls in this space is announcing a funding ahead of a public launch in the fourth quarter of this year.

Sequence, which wants to create what it describes as a new type of FinOps stack for B2B companies – APIs and other tools to create more responsive pricing, billing and related services, leveraging data and analytics to do this – raised $19 million, a seed round that it will use to continue to develop its products and hire more talent.

Sequence is based in London, England, and the funding is coming from an impressive list of investors, given that the company has yet to launch.

Andreessen Horowitz – the Silicon Valley company becoming more active in Europe and a big backer for fintech startups in general – is leading the round, with Salesforce Ventures, Firstminute Capital, Crew Capital, Passion Capital, Dig Ventures, Fin Capital and 9Yards also attendee; round angels include the founders of Plaid, Intercom, Jeeves, GoCardless, Marshmallow, Lendable, Hopin, UiPath, Monzo, Comply and others who are not named.

Reports of this round, and in particular of a16z’s involvement, actually emerged about a year ago, with some of the attention coming not only from the big funder, but also from the track record of the founders. Riya Grover, the CEO, previously founded a “cloud canteen” startup called Feedr which was sold to Compass Group; Meanwhile, co-founder Eamon Jubbawy, who is the chairman, had been one of the co-founders of identity verification startup Onfido. In any case, at the time, the financing was not yet complete and ended up with more investors and at a larger size.

Picture credits: Liz Isles / Liz Isles under CC BY 2.0 (Opens in a new window) Licence.

A quick note on valuation: Previous reports pegged Sequence’s valuation at $50m-$60m, but Grover said in an interview last week that the startup wouldn’t disclose that number. However, it is worth pointing out the factors that could shake it up. On the one hand, the “cost of capital” has risen sharply over the past year and has put pressure on valuations overall. But on the other hand, also last year, Sequence launched its private beta and leaked some early adopters like Deliveroo, Pipe, Snyk, and Reachdesk.

Companies like Stripe, Paddle, and Modern Treasury have opened the door to the ability for digital businesses – which aren’t necessarily the core of their payment and billing companies – to use APIs to integrate payments, billing, reconciliation and other more modern revenue-related services. in their financial stack. The opportunity that Sequence is targeting relates to all of these elements, but targets a more specific gap in the market.

As Grover described it to me, it’s one thing to make it easier for a business to integrate a payment stream into a product: businesses now actually have a lot of options if that’s what they need . What Sequence aims to do, however, is to make it just as easy to create more personalized pricing and payment services for the customer and at a particular time, much like what companies often do in e-commerce transactions. . The drive to do this stems from the fact that B2B sales have always had (and need) a degree of personalization and responsiveness, and while in the most traditional sense, human sellers can make the decisions to deliver that on the fly, the rise of more sophisticated automated selling technology offers the possibility of providing a similar experience on a larger scale when it comes to product pricing and payment options.

To do this, Sequence leverages payment and transaction data that its business customers might already have in their systems but have not been able to proactively analyze and apply, through application integrations. third parties such as Salesforce, HubSpot, Xero, NetSuite and QuickBooks. . (And it focuses on two main ways businesses pay each other for goods and services — bank or debit payments rather than card payments — for the payments themselves.)

In this, Sequence and its investors believe the startup is a forerunner in creating construction payment software that allows companies to capture real-time data and feed it into dynamic pricing and payment flows.

On top of that, Sequence is designed as a “low code” service, bypassing the need for developers to build, test, and ship changes using more accessible tools like spreadsheets and GUIs:

Picture credits: Sequence (Opens in a new window)

“In a B2B environment, when you create new products and pricing plans, you want an interface that doesn’t always rely on developers,” she said. “We give operators the means to empower themselves.”

The role of no-code and low-code software has often been described as being more efficient, or simply cutting red tape by helping non-techies become more proficient with the digital products they use themselves, but it has more recently adopted a more pragmatic and fiscal focus: at a time when companies are reassessing their spending on new products and projects and how they allocate their talent resources, services such as invoicing and payments are also being revisited.

Sequence cites figures from Notion Capital which estimate that B2B companies today spend between 7% and 9% of their revenue to build billing and payment infrastructure, and this includes not only investments in software or SaaS, but also the engineers needed to implement them.

“We saw an acute problem and therefore a compelling opportunity around payment and finance workflow automation and management,” Seema Amble, partner at Andreessen Horowitz, said in a statement. “The Sequence team has really impressed us with both a strong team and a set of initial customers who are excited about the vision.”

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More Chinese men may be involved, Rs 100 crore laundered, police say https://bellowingark.org/more-chinese-men-may-be-involved-rs-100-crore-laundered-police-say/ Fri, 16 Sep 2022 20:51:05 +0000 https://bellowingark.org/more-chinese-men-may-be-involved-rs-100-crore-laundered-police-say/ Chandigarh Police’s cyber cell came across the names of other Chinese nationals they believe were involved in allegations of cheating and extortion of money after tricking them through small loan apps in the UT and elsewhere. Investigators said they came across the name of another Chinese national, Jeffery Jhu, who had left India in 2020 […]]]>

Chandigarh Police’s cyber cell came across the names of other Chinese nationals they believe were involved in allegations of cheating and extortion of money after tricking them through small loan apps in the UT and elsewhere.

Investigators said they came across the name of another Chinese national, Jeffery Jhu, who had left India in 2020 and had been handling financial matters for online loan applications ever since. Police said they have so far seized another 20 bank accounts and frozen around Rs 50 lakh in them which they believe were obtained through means of cheating or extortion from people across the country.

A 32-year-old Chinese national, along with 20 other people, have already been arrested by the Chandigarh police cyber cell after a series of raids across the country.
Police said Jeffery Jhu’s name came out during the interrogation of previously arrested Chinese national Wan Chenghua and his aides Anshul Kumar. Chenghua and Kumar were in direct contact with Jhu. Jhu, whose identity was confirmed to UT Police by the Foreigners Registration Office in Delhi, is believed to be the man who laundered money for the gang to the tune of Rs 100 crore – a claim that the police said they would be further scrutinized by the Financial Intelligence Unit (FIU), the Enforcement Directorate (ED) and the CBI. Meanwhile, the custody of Chenghua, Kumar and Parvej Alam was extended for three more days on Friday. Police said a syndicate was run by a company named PC Finance in Gurgaon, which has many Chinese nationals in leadership positions. The company closed in 2020.

SP (cyber) Ketan Bansal said, “Jhu used to work in a pharmaceutical company in Gurgaon and Delhi. Later, he worked with PC Finance, which operated as a finance company. He managed the money of this syndicate. Currently, he is in China. The identity of other Chinese nationals will be established during the investigations. The men arrested so far have named three people – Peter, Tray and Nicoholson – saying they held senior positions at PC Finance. The authenticity of these names has not yet been verified and we have informed the FIU, ED and CBI asking them to look into the matter. »

Police said Anshul Kumar was Jeffery Jhu’s main associate in India. Chenghua also worked under Jeffery Jhu and paid around Rs 35-40 lakh to Anshul Kumar. Anshul had further handed over the money to Parvej Alam alias Jeetu Bhadana.

Police ask Google to remove some apps

Police said the defendants operated multiple loan applications online – such as Hugo Loan, Coin Cash, AA Loan, AK Loan, Win Credit. Police said they sent a request to Google to remove some of the apps from the Play Store, which they said used virtual numbers for contact. Police added that efforts were underway to trace the origin of these virtual numbers as well as to track down other suspects.

Investigators have also found so far that the defendants used social media apps DingTalk, WeChat, GB Whatsapp to communicate with each other.
The accused used a cloned version of WhatsApp

It also emerged during the investigations that instead of regularly using WhatsApp, Facebook, Instagram, the accused was using GB WhatsApp, a WhatsApp clone app which had access to all data on a person’s cell phones. Similarly, DingTalk and WeChat apps have also been used by fraudsters.

Sources said Intelligence Bureau (IB) detectives would bring their own interpreter for a thorough interview of Chenghua, who so far has shown only a rudimentary understanding of English.

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Award for Excellence in Institutional Fund Management: The Nominees https://bellowingark.org/award-for-excellence-in-institutional-fund-management-the-nominees/ Wed, 14 Sep 2022 23:04:17 +0000 https://bellowingark.org/award-for-excellence-in-institutional-fund-management-the-nominees/ Financial news is pleased to announce the shortlists for its 2022 Institutional Fund Management Excellence Awards. The annual awards recognize companies and individuals who stand out in the European investment management industry. This year, we’ve added new categories to reflect current industry trends, including an award for Best Management Team and Best M&A Deal after […]]]>


Financial news is pleased to announce the shortlists for its 2022 Institutional Fund Management Excellence Awards.

The annual awards recognize companies and individuals who stand out in the European investment management industry. This year, we’ve added new categories to reflect current industry trends, including an award for Best Management Team and Best M&A Deal after a busy period for fund manager deals.

The judging panel will meet later this month to discuss the shortlists and vote on the winners, who will be announced during an evening of drinks and networking on November 8. For more information, contact awards@fnlondon.com.

British Manager of the Year
Insightful investing
lion trust
M&G Investments
Royal London Asset Management
Schröders

Cross-Border Manager of the Year
Amundi
Allianz Global Investors
BNP Paribas Asset Management
Pictet Asset Management
Robeco

Industry Personality of the Year
Pascal Blanqué, Chief Investment Officer, Amundi
Luke Ellis, Managing Director, Man Group
Sandro Pierri, Managing Director, BNP Paribas Asset Management
Hanneke Smits, Managing Director, BNY Mellon Investment Management
Karen Ward, Chief Market Strategist, Emea, JPMorgan Asset Management

Equity Manager of the Year
Artisan partners
Fisher Investments
Goldman Sachs Asset Management
JPMorgan Asset Management
Polish capital

Fixed Income Manager of the Year
barings
JPMorgan Asset Management
M&G Investments
Robeco
Royal London Asset Management

Alternative Investment Provider of the Year
Axa IM Alts
Gresham House
Hayfin
Pantheon
Tikehau Capital

Stewardship Team of the Year
BNP Paribas Asset Management
Candiam
Neuberger Berman
Nordea Asset Management
Robeco

ESG Manager of the Year
Amundi
Impax Asset Management
Nordea Asset Management
Pictet Asset Management
Robeco

M&A Deal of the Year in Fund Management
Amundi/Lyxor
AssetCo/River and Mercantile
Columbia Threadneedle/BMO Emea
Goldman Sachs/NN Investment Partners
Schroders/River and Mercantile

ETF Provider of the Year
Amundi
Global ETFs X
HANetf
iShares
JPMorgan Asset Management

Smart Beta Manager of the Year
Osiam
Robeco
State Street Global Advisors
Investment Management Table
tobam

Multi-Asset Manager of the Year
Amundi
DWS
Pictet Asset Management
Royal London Asset Management
Willis Towers Watson

Emerging Markets Manager of the Year
Artisan partners
barings
Neuberger Berman
Pictet Asset Management
polar capital

Boutique Manager of the Year (Under £25bn Assets Under Management)
four capitals
Capital of Fasanara
Gresham House
Marsham Investment Management
polar capital

Investment Trust Launch of the Year
Atrato Energy on site
Digital infrastructure 9
Harmony Energy Income Trust
Pantheon infrastructure

Investment Advisor of the Year
aon
Hymans Robertson
Lane Clark & ​​Peacock
Redington
stone mountain

To contact the author of this story with comments or news, email Clare Dickinson

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Beware of this popular Venmo Money scam https://bellowingark.org/beware-of-this-popular-venmo-money-scam/ Mon, 12 Sep 2022 19:25:29 +0000 https://bellowingark.org/beware-of-this-popular-venmo-money-scam/ Image source: Getty Images Don’t get scammed! Key points Venmo is a popular payment app that many people use in their daily lives. You should use payment apps with care, as scammers may try to steal money through these apps. Learn how to avoid a common Venmo scam and what steps to take to protect […]]]>

Image source: Getty Images

Don’t get scammed!


Key points

  • Venmo is a popular payment app that many people use in their daily lives.
  • You should use payment apps with care, as scammers may try to steal money through these apps.
  • Learn how to avoid a common Venmo scam and what steps to take to protect your money.

Payment apps make it easy to pay friends, family, and small business owners. Although these apps are handy, you should use them with care. Unfortunately, scammers prey on innocent victims to steal money. You can continue to use these apps, but it’s important to be vigilant to avoid scams that could negatively impact your finances.

Venmo is a leading payment app that you can use to quickly pay for purchases or pay back your friends and family members. When you make a payment from your Venmo balance, checking account, or debit card, it’s free to send money to others.

Unfortunately, since this app has become more and more popular, it has attracted scammers. They use apps like this to steal money from other people, and it might be hard to get your money back if you get scammed.

Don’t fall victim to this Venmo scam

A common scam is on the rise. By knowing this, you can avoid making a costly mistake.

Here’s how it works: A Venmo user will receive a mysterious payment sent to them. It appears to be a payment sent by accident, and the sender may explain this and ask you to send the money back to them.

Unfortunately, if it is a scammer, sending the money back could cause you to lose money.

If the original payment sent to you was made using stolen credit card or debit card data, and the actual card user reports the fraud and makes a chargeback, you will not have more that money.

If you fail to reverse your own payment due to fraud, you would lose the money you sent back to the scammer. It’s a risk not worth taking.

What to do if a stranger sends you money

If you receive a mysterious Venmo payment that looks suspicious, don’t send it back. Instead, contact Venmo directly. They will reverse the charges for you.

Don’t be tempted to send the money back yourself, as they could be a scammer and you could lose your money. If this happens on another payment app, it’s best to follow the same steps and contact the app directly for clarification on next steps.

Follow these best practices when using payment apps

Do you like using payment apps? Follow these best practices to avoid losing your money:

  • Only pay people you know. Don’t use payment apps to send money to strangers. It’s best to only send money to people you know in real life to avoid scams.
  • Enable alerts. In your app settings, you can enable notifications. This way, you’ll be alerted quickly when a payment is sent to you so you can take the right steps to report unusual activity.
  • Check all details before sending payments. It’s best to double-check all payment details before sending payment through Venmo or other payment apps. You can avoid costly mistakes by making sure you pay the right person.

Don’t give up on using payment apps, but be smart when using them, so you don’t fall victim to a scam that puts your money at risk. You work hard for your money, so you want to protect it.

Check out our list of the best payment apps to learn more about other popular payment apps. For additional financial advice, check out these personal finance resources.

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Your Money: Five Steps to Avoid Loan Pitfalls https://bellowingark.org/your-money-five-steps-to-avoid-loan-pitfalls/ Sun, 04 Sep 2022 19:15:00 +0000 https://bellowingark.org/your-money-five-steps-to-avoid-loan-pitfalls/ Lately, the problematic practices of some digital lenders have come to light. The situation has prompted the Reserve Bank of India (RBI) to set new rules regarding finding digital loan clients. These new rules aim to protect customers from bad actors in the digital lending space. The problems have arisen from predatory interest rates, unethical […]]]>

Lately, the problematic practices of some digital lenders have come to light. The situation has prompted the Reserve Bank of India (RBI) to set new rules regarding finding digital loan clients. These new rules aim to protect customers from bad actors in the digital lending space. The problems have arisen from predatory interest rates, unethical and coercive collection methods, hawala transactions and other practices that violate RBI lending regulations.

With predatory pricing, borrowers fall into deep debt traps from which it is difficult to escape. What should clients know about these loan traps? Let’s take a quick look.

Know your fees
Smaller borrowers often struggle to understand the variety of fees that a personal loan or digital loan can entail. In addition to the interest you serve, there may also be fees related to processing your application, late payment or documentation. With any loan, take the time to fully understand all the fees you are signing up for. The RBI has addressed this complexity with the new rules which state that digital lenders must provide borrowers with a one-page information sheet covering all annual percentage fees.

Read also| RBI issues digital lending guidelines: Lenders can no longer charge hidden fees

Compare interest rates
We see media reports of how some small borrowers have been harassed despite having paid multiple multiples of the principal borrowed. This was due to the extraordinarily high interest rates on these loans. For most prime borrowers, interest rates on personal loans start at around 11% now. Even for subprime mortgages, loans against securities or assets such as gold can be obtained at similar rates. There are reports that some digital lenders have taken the liberty of charging 50-60% on their loans. Consequently, the loans became difficult to repay. Often, people borrowing through these apps had no other option available to them. But at the very least, borrowers should understand and compare interest rates. If the price is predatory, they may want to avoid these loans.

Borrow no more
One of the worst things a person in debt can do is borrow more to pay off existing loans. It only pushes them deeper into debt. This must be avoided. It would be better to improve their cash flow through other sustainable means such as employment, business or the sale of assets.

Also read: A simple guide to effective HVAC management to make your home comfortable

Use search period
The RBI has announced a search period for digital loans. It’s like free insurance research where a customer can return a policy and request a refund within two weeks of purchase. Searching for loans is not free. A proportional interest will have to be paid for the research period. We are waiting for lenders to operationalize this new rule. But it will ensure that digital lenders are more careful when lending because the customer who feels aggrieved by the product has the option to opt out.

Manage your consent
Increasingly, the RBI has empowered borrowers by giving them greater control over how they want to use their banking and lending products. Consent-based mechanisms are one of them. With some digital lending apps, there was concern about obtaining blanket consent on the borrower’s phone data. For example, the borrower’s phone book was searched for contacts who would be harassed about repayment.

From the customer’s perspective, the data they share should be commensurate with the needs of the lender. Lending apps can no longer access phone logs, directories, and files. There can be no general consent. Nor can there be permanent consent. The RBI has now given borrowers the option to give, withhold or even revoke a consent already given. This provides borrowers with greater protection against some of the predatory practices reported.

Digital lending has been a big driver for the democratization of finance in India. However, technology has also created bad actors. Customers must learn to identify and avoid them.

The author is CEO, BankBazaar.com

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Apple overtakes Android to pass 50% of US smartphone usage https://bellowingark.org/apple-overtakes-android-to-pass-50-of-us-smartphone-usage/ Fri, 02 Sep 2022 04:00:55 +0000 https://bellowingark.org/apple-overtakes-android-to-pass-50-of-us-smartphone-usage/ Apple has overtaken Android devices to account for more than half of smartphones in use in the United States, giving the iPhone maker an edge over its rival as it pushes into sectors such as finance and healthcare. According to data from Counterpoint Research, the 50% threshold – the highest iPhone share since its launch […]]]>

Apple has overtaken Android devices to account for more than half of smartphones in use in the United States, giving the iPhone maker an edge over its rival as it pushes into sectors such as finance and healthcare.

According to data from Counterpoint Research, the 50% threshold – the highest iPhone share since its launch in 2007 – was crossed for the first time in the quarter ending in June. Some 150 devices running Google’s Android operating system, led by Samsung and Lenovo, made up the rest.

“Operating systems are like religions – never significant changes. But for the past four years, the flow has always been from Android to iOS,” said Counterpoint research director Jeff Fieldhack. This is an important step that we could see replicated in other wealthy countries around the world.”

Figures are based on smartphones in use, known as the “active installed base,” which Apple CFO Luca Maestri dubbed “the engine of our business” during an earnings call in July. .

This is a broader and more meaningful category than new phone shipments, which fluctuate from quarter to quarter and have already demonstrated Apple’s new strength.

The active installed base takes into account the millions of people introduced to Apple’s ecosystem through the used phone market, as well as those using iPhones purchased years ago.

Ben Wood, an analyst at CCS Insight, said: “It’s not that we’re seeing a great year where Apple increases market share by 10% or 15%, but there’s this slow burn where they’re quietly taking over shares every year.”

Android smartphones first hit the market in 2008, a year after the launch of the iPhone, and surpassed the iOS install base in 2010, according to NPD Group. In the previous three years, Apple never had nearly 50% market share, with sales being dominated by Nokia, Motorola, Windows and BlackBerry.

As Apple Chief Executive Tim Cook prepares to unveil the iPhone 14 on Wednesday, this milestone suggests the company has never been in a more competitive position despite persistent criticism that it has lost its edge. innovative.

The group’s fall event in recent years has focused much more on developments of existing gadgets than the famous product launches of company founder Steve Jobs.

Apple is expected to unveil the new iPhones at its first in-person event since the start of Covid-19, in Cupertino, California. Analysts expect better cameras and a smaller “notch” in the display where the sensors are held, as well as a more rugged version of the Apple Watch.

Under Cook, the iPhone, a disruptive product that spawned entire industries, made Apple the largest company in the world, with a market capitalization of $2.5 billion.

“Cook took what Jobs gave him and built an empire out of it,” Wood said. “Because anyone who buys an iPhone — whether used, third-hand, or fourth-hand — will likely donate money to Apple to buy apps, pay for iCloud, use Apple Music, or transact on Apple Pay. And it’s a model that no one else, really, has been able to replicate.

As iPhone penetration reaches saturation, Cook has branched out into film and TV, advertising and payments, fitness and health, leveraging a global installed base of iPhones that has exceeded 1 billion in 2020.

The result is a diverse set of “services” revenues that are consistently growing in double digits and delivering profit margins north of 70%, twice the profitability of its hardware business.

The number of people paying fees for this line of services reached 860 million in the June quarter, about double the number of Netflix and Disney-Plus subscribers combined.

Analysts saw plenty of room for Apple to increase market share as the rest of the world remains dominated by Android, largely due to its variety and low cost. Cook recently said the group had “set a June quarter record for switchers” – consumers switching from Android to iOS.

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Taboola News combats risk of people learning from untrusted sources on social media, on track to drive half a billion visits to publishers on the open web in 2022, surpassing $50 million in revenue https://bellowingark.org/taboola-news-combats-risk-of-people-learning-from-untrusted-sources-on-social-media-on-track-to-drive-half-a-billion-visits-to-publishers-on-the-open-web-in-2022-surpassing-50-million-in-revenue/ Wed, 31 Aug 2022 13:15:00 +0000 https://bellowingark.org/taboola-news-combats-risk-of-people-learning-from-untrusted-sources-on-social-media-on-track-to-drive-half-a-billion-visits-to-publishers-on-the-open-web-in-2022-surpassing-50-million-in-revenue/ Taboola, Inc. Taboola News Achieves Strong Market Penetration in APAC and LATAM;Taboola News includes wallpaper, minus one, notification and browser integrations on OEMs NEW YORK, Aug. 31, 2022 (GLOBE NEWSWIRE) — Taboola (Nasdaq: TBLA), a global leader in recommendations for the open web, helping people discover what they might like, today announced rapid growth and […]]]>

Taboola, Inc.

Taboola News Achieves Strong Market Penetration in APAC and LATAM;
Taboola News includes wallpaper, minus one, notification and browser integrations on OEMs

NEW YORK, Aug. 31, 2022 (GLOBE NEWSWIRE) — Taboola (Nasdaq: TBLA), a global leader in recommendations for the open web, helping people discover what they might like, today announced rapid growth and a new innovation for its Taboola News offering, which is expected to exceed $50 million in revenue for Taboola in 2022.

Taboola News integrates content recommendations from Taboola’s extensive network of publishers with leading mobile device manufacturers across multiple touchpoints, including Minus One screens, news notifications and browser apps. Taboola News’ latest offering brings editorial recommendations, beautifully curated via wallpaper experiences, to lock screens on mobile devices. The product is now available in more than 80 markets around the world.

Studies show consumers are spending more time learning and reading through mobile devices, and much of the time spent on mobile today is spent on social media. Mobile social apps have become a place many consumers turn to learn more about important topics related to politics, health and local news, despite the substantial risks of misleading and false information:

  • In March 2022 analysisNewsguard found that within 40 minutes of creating a TikTok account, users were presented with false and misleading content about the war in Ukraine.

  • In a 2021 analysisNewsguard found that within 35 minutes of opening an account, 8 out of 9 children under the age of 18 were exposed to misinformation about Covid-19.

  • More than 60% of videos containing harmful misinformation were viewed by users on TikTok before being deleted, in the first quarter of 2022, according to TikTok.

Taboola News continues to provide people with trusted news sources to access. It gives consumers direct access to a curated list of the world’s top publishers where they can learn about local news, sports, entertainment, politics, health and more. Exclusively for Taboola Partners, users are sent to these publisher sites to read the articles that interest them most, and the offer is driving more than half a billion visits to the open web in 2022.

The latest introduction brings Taboola News to mobile device wallpapers, giving device makers the ability to deliver recommendations directly to their lock screens. This gives mobile users access to premium content from their favorite publishers, paired with engaging, high-resolution images that refresh on their device’s lock screen throughout the day. For device manufacturers, this touchpoint provides a channel to engage and add value to users in the dozens of times a day they wake up their mobile device.

“The vast majority of consumers receive information through their mobile and Taboola News is now at the heart of that experience,” said Adam Singolda, CEO and Founder of Taboola. “I am concerned about a future where our children will learn about science, healthcare and politics on TikTok, and I believe our mission is essential in ensuring that high-quality editorial content thrives and provides the compass that our future generations need. need. I’m excited to be part of its important journey with our OEM and publisher partners and friends, making the open web strong and available to billions of people. This is our mission, and Taboola News is a fundamental part of it, as publishers seek to attract new, loyal audiences. »

About Taboola
Taboola powers recommendations for the open web, helping people discover things they might like.

The company’s AI-powered platform is used by digital properties, including websites, mobile devices and apps, to drive monetization and user engagement. Taboola has long-term partnerships with some of the world’s top digital properties including CNBC, BBC, NBC News, Business Insider, The Independent and El Mundo.

Over 15,000 advertisers use Taboola to reach over 500 million daily active users in a brand-safe environment. Following the acquisition of Connexity in 2021, Taboola is a leader in powering e-commerce recommendations, generating over 1 million monthly transactions each month. Major brands such as Walmart, Macy’s, Wayfair, Skechers and eBay are among the main customers.

Learn more at www.taboola.com and follow @taboola on Twitter.

Disclaimer – Forward-Looking Statements
Taboola (the “Company”) may make certain statements in this communication that are not historical facts and relate to analyzes or other information based on forecasts or future results. Examples of such forward-looking statements include, but are not limited to, statements regarding future prospects, product development and business strategies. Words such as “expect”, “estimate”, “project”, “budget”, “expect”, “anticipate”, “intend”, “plan”, “may”, “shall” , “could”, “should”, “believes”, “predicts”, “potential”, “continues” and similar expressions are intended to identify such forward-looking statements, but are not the exclusive means to identify such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that predictions, forecasts, projections and other forward-looking statements will not be achieved. You should understand that a number of factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in these forward-looking statements, including the risks set forth under “Risk Factors” in our statement. form registration. F-4 and our other filings with the SEC. The Company cautions readers not to place undue reliance on forward-looking statements, which speak only as of the date made. The Company neither undertakes nor accepts any obligation or undertaking to issue updates or revisions to any forward-looking statement to reflect any change in its expectations or any change in events, conditions or circumstances about which any such statement is made. based.

CONTACT: Contact Dave Struzzi Dave.s@taboola.com
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Updated Open Finance data security standard gains four more supporters https://bellowingark.org/updated-open-finance-data-security-standard-gains-four-more-supporters/ Sat, 27 Aug 2022 10:01:02 +0000 https://bellowingark.org/updated-open-finance-data-security-standard-gains-four-more-supporters/ As digital finance continues to grow, protecting consumer information remains paramount for financial service providers and for the financial ecosystem as a whole. Anecdotes, Codate, Skyflow and Very good security (VGS) have joined the consortium of fintech and security compliance firms, supporting the Open Finance Data Security Standard (OFDSS), a proposed framework of requirements that […]]]>

The newest additions to the consortium will join an existing network of supporters that includes fintechs flashes, MX, Plaid and trueworkand security compliance companies Drata, Laika, Secureframe and Vanta.

Following this, the updated version 1.2 of the framework was recently released, outlining further application security controls that secure an enterprise’s software development lifecycle.

The OFDSS framework now includes 79 individual security requirements in 13 control areas that address common data security risks. These requirements are contextualized with implementation guides, as well as audit steps to ensure compliance.

A necessary standard for a changing financial landscape

The availability of cloud infrastructure and enabling technologies that have made it easier for businesses to deliver digital financial services at scale has enabled digital financial innovation to flourish.

As a result, thousands of new applications and services have sprung up over the past decade, representing a significant change in the way financial services are delivered, as well as in the profile of the companies providing them.

However, existing data security standards were not designed specifically for modern, cloud-native delivery models or the resource constraints of start-up companies.

OFDSS was created to fill this gap and create robust, auditable data security guidelines that maintain alignment with common and relevant criteria found in other security frameworks such as SSAE18 TSC for Security and NIST CSF, while by providing clear requirements optimized for cloud-native technology. targeted startups and growth-stage companies.

Shano Fonseka, chief risk officer at Plaid.
Shano Fonseka, Chief Risk Officer, Plaid

“The industry is rallying around OFDSS as it will help raise the bar for data security in the fintech ecosystem at a time when the pace of innovation is accelerating,” said Shano FonsekaChief Risk Officer at Plaid.

“It provides a solid framework that helps fintechs improve security while enabling innovation, gives banks a level of trust about companies connecting to their APIs, and most importantly, helps protect consumers.”

“Trust is key in banking,” added Kieran hinessenior analyst at Celent. “As a result, data security is at the heart of the open finance ecosystem. The OFDSS plays an important role in supporting the creation and adoption of new services by providing a clear and rigorous security framework for market players to follow. This is in the interests of banks, fintechs and the customers they serve. »

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Hard Times Never Last: Your Financial Recovery Can Start Now https://bellowingark.org/hard-times-never-last-your-financial-recovery-can-start-now/ Thu, 25 Aug 2022 22:40:42 +0000 https://bellowingark.org/hard-times-never-last-your-financial-recovery-can-start-now/ The investment information provided on this page is for educational purposes only. NerdWallet does not provide advisory or brokerage services, and does not recommend or advise investors to buy or sell particular stocks, securities or other investments. It is as if we are facing a difficult period of extremes. Floods classified as 1,000-year events in […]]]>

The investment information provided on this page is for educational purposes only. NerdWallet does not provide advisory or brokerage services, and does not recommend or advise investors to buy or sell particular stocks, securities or other investments.

It is as if we are facing a difficult period of extremes. Floods classified as 1,000-year events in addition to record heat. Prices are rising due to the worst inflation spurt in four decades. A persistent global pandemic that still impacts daily life.

Many of us are in dire need of a financial solution. Cash is low and costs are high.

So let’s dive into a quiet corner and begin the healing process.

cut mania

Let’s first consider the noise we face. Tragic world events are a smartphone notification away. Our social networks are relentless. Humans have never been bombarded with so much instant information, viral or otherwise.

It’s OK to cut the mania. Reduce or eliminate these news alerts. Set screen time limits on your most distracting apps. Allocate blocks of phone-free time in your day.

Instead, prioritize your personal circumstances and current needs over bearing the brunt of the myriad planetary issues. You can access it later.

In the meantime, here are some ways to regain your financial sanity.

Review recent spending, then cut ruthlessly

First, take a close look at your cash flow. Money coming in. Money out. The fastest way to establish financial security – and your peace of mind – is to have a nice amount of money on hand each month. To do this, you first need to know where your money is going. You could try this free budget calculator to get started if you don’t have a budget yet.

So far, inflation is costing us an extra $1,000 a month. That’s a national average, but no wonder we’re all feeling a little tense right now, right? Like everyone else, I cut extra expenses to try and recoup some of that money:

  • I cut a few software subscriptions I could do without.

  • I stopped ordering so much meal delivery and reduced my dining out. Additional benefit: lost a few pounds.

  • I stuck to a shopping list at the grocery store instead of walking down every aisle and grabbing a bunch of things I didn’t need.

  • I will also call any credit card providers I have and ask a lower interest rate. I don’t plan on taking any balance with them, but now is a good time to ask for a fare break. And having lower rates is helpful if I need to rely on credit cards in an emergency.

Going through all the expenses I’ve made recently, line by line, I’ve found enough to save a few hundred dollars each month. It was good. Small changes in financial behavior can recharge your mind. In fact, you might want to try these 22 ways to save money.

I also accumulate that extra money and more.

Money management made easy

NerdWallet tracks your income, bills, and shows you how to save more.

Don’t distort your view

Mortgage rates are the highest since 2009. The Nasdaq posts its first five-week losing streak since 2012.

It hasn’t been this hot since last Thursday.

What do these headlines – two real and one fake – have in common? They can distort our perspectives.

Little nuggets of information like these serve as anchors to help us mere humans try to find context in our lives. The problem is that a recency bias often distort our opinions. We measure everything discussed against the last time it happened.

“Stocks slide to lowest since March 2021,” according to a headline published about four months ago. Stepping back to get an overview of stock market history is just a snap. But the modern minute news media makes us think in small steps.

I saw another headline that said, “Why ThisStock is soaring today.” And the next day: “Why TheSameStock fell today.” This is short-term news.

True perspective requires a longer view than just when something last happened.

Remember, it’s just another cycle of life

Many things that we worry about have been higher or lower.

“I wish we had bought a house when mortgage rates were 3%.” Or bought bitcoin when it was $300. Remember when gas was less than $3? Less than a dollar?

This stuff can boil the juices out of your digestive system if you let it.

It also goes the other way. Maybe you bought Bitcoin for almost $69,000 at the end of last year. Now it’s almost $20,000. Ouch.

If you think mortgage rates are high at 6%, remember that perspective. The average rate for a 30-year mortgage over the past five decades is just under 8%.

People still bought houses when money was high. Ask anyone who bought a house when rates were in the teens. I did it. In years past, I’ve had mortgages with double-digit interest rates. But when rates dropped, I refinanced or bought another house with a lower mortgage rate.

  • To take a walk. Without listening to a podcast.

  • Play — hard — with friends, kids or a pet.

  • Take a day trip without spending.

  • Read a book or watch a movie.

Wash, rinse, spin, repeat. We are all going through another cycle of life.

More from around NerdWallet:

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70% apply for loans from apps despite high interest rates: survey https://bellowingark.org/70-apply-for-loans-from-apps-despite-high-interest-rates-survey/ Wed, 24 Aug 2022 10:04:19 +0000 https://bellowingark.org/70-apply-for-loans-from-apps-despite-high-interest-rates-survey/ NEW DELHI: Nearly 43% of respondents in a survey said they had received calls from marketers on the phone asking them to apply for a loan through an app, and 70% knew that these apps attracted interest rates. interest and opted for the loan anyway, according to a survey by Way2News, India’s largest vernacular news […]]]>

NEW DELHI: Nearly 43% of respondents in a survey said they had received calls from marketers on the phone asking them to apply for a loan through an app, and 70% knew that these apps attracted interest rates. interest and opted for the loan anyway, according to a survey by Way2News, India’s largest vernacular news app.

Just over half of respondents said they or a family member or friends had received such a loan, and 67% of respondents had been harassed or knew friends and family. who suffered at the hands of loan sharks but 79% of respondents did not know where to complain.

“We conducted a survey on loan apps in Andhra Pradesh and Telangana which 2,000 people responded to. We saw many complaints about loan apps so we decided to investigate to understand the number of people affected. The results are alarming,” says Venkat Aditya Gunturu, Chief Content Officer, Way2News.

In Andhra Pradesh and Telangana, this survey was conducted among users of the Way2News app. At least 200,000 people from both states participated in the survey. 65% of men and 35% of women shared their answers, with a majority (44%) in the 21-30 age group. The majority of respondents were from Mahbubnagar (3171), followed by East Godavari (3047) and Nalgonda (2954).

The Way2News team asked several questions about the loan apps to understand the perception of the people in the state towards these microcredit loan apps.

The apps attract users by providing loans quickly and easily with high interest rates and processing fees. When someone defaults, recovery strategies include contacting and texting others on the borrower’s contact list, morphing images, and more.

According to the police, the fraudsters hacked into app users’ phones and took their data, including banking information, emails and pictures. They then start tormenting the user by sending their friends, colleagues and family the user’s altered photos.

Hyderabad Police have issued red corner notices against a few Chinese citizens for their links to these illicit online lending app operations. Google India has removed many such lending apps from its Play Store. The Reserve Bank of India (RBI) has also set up a task force to investigate the operations of regulated and unregulated companies in the area of ​​digital lending.

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