Iris Apfel&#x27;s close friend Bruce Sutka reminisces to PEOPLE about his fondest memories of the fashion icon, who died on Friday at the age of 102.

Iris Apfel’s Friend Recalls Walmart and Paris Outings with Fashion Icon

Iris Apfel, a textile expert, interior designer and fashion celebrity known for her eccentric style, has died. She was 102.

Fashion icon Iris Apfel, famous for her eye-catching and irreverent style, dies at 102 | PBS NewsHour

She came to fame in the fashion world in her 80s and 90s, and her wildly eclectic closet of clothes formed a hit exhibition at the Metropolitan Museum of Art.

Iris Apfel, Eye-Catcher With a Kaleidoscopic Wardrobe, Dies at 102 - The New York Times

Celebrities including Maria Shriver, Vera Wang, Viola Davis, Kate Walsh and Molly Ringwald are paying tribute to Iris Apfel on social media after she died on Friday at age 102.

Vera Wang, Viola Davis and More Stars Mourn Death of Fashion Icon Iris Apfel: 'Forever an Inspiration'

Iris Apfel, known globally for her bold style and individuality, has died at 102. Her work appeared in the White House and the Metropolitan Museum of Art.

Iris Apfel, beloved style icon whose fame peaked in her 90s, dies at 102

Sydney Sweeney is effortlessly chic in a black velvet miniskirt and fitted top as she enjoys a night out in NYC... ahead of hosting SNL Her star is on the rise

Young Iris Apfel: Throwback photos show fashion icon's incredible ascent as she passes away aged 102 - from childhood on farm to signing a modelling contract at 97 | Daily Mail Online

Her clothes weren’t so much outfits, as living tableaux. She left the house each day dressed as a picture of joy

Iris Apfel: joyful iconoclast, who broke all the rules with incredible taste | Fashion | The Guardian

The model waxes lyrical about her favourite SS24 H&amp;M studio number, her beloved vintage spots and her &#x27;sleepy girl&#x27; music recommendations.

Iris Law On Her Go-To H&M Studio Dress, Vintage Shopping In Paris And Loving 'Sad Girl' Music

Iris Apfel's final heart-warming Instagram post revealed - just one day before she died aged 102 | Daily Mail Online

New York designer has been hailed an ‘innovator’ who will ‘go down in history’

Iris Apfel death: Tommy Hilfiger and Hannah Waddingham lead tributes to style icon, after death aged 102 | The Independent

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New York City plans to support electric vehicle (EV) adoption with a $15 million initiative to install 600 new curbside chargers. Can the city’s current grid infrastructure keep pace? New York City is ramping up its efforts to support electric vehicle (EV) adoption as it plans to install 600 new curbside EV chargers. Mayor Eric Adams recently announced that the initiative is part of a $15 million federal grant being awarded to the city to bolster its EV charging infrastructure — with a focus on underserved and low-income communities. “We’re building a cleaner, greener, and more affordable city for all New Yorkers, and through initiatives like this, we’re making sure that no New Yorkers are left behind,” wrote Mayor Adams in a blog post. “This $15 million grant will let us build the nation’s largest EV charging program, focused on low-income and disadvantaged areas so people living in all five boroughs can afford to drive and charge electric vehicles.” By 2050, New York City aims to get 20% of all new vehicles registered as electric. Thanks to incentives like the Inflation Reduction Act tax credits and Drive Clean rebates, a growing number of NYC drivers are switching to EVs. Despite these efforts, the city's grid is already struggling to keep up with the power and infrastructural requirements of current EV owners. Can NYC’s Electrical Grid Keep Up with the Growing Demand for EV Charging? NYC is currently grappling with two key challenges to scale its charging infrastructure — space and available power. For commercial transportation, charging hubs require significant space for infrastructure and larger electric trucks. In dense urban areas, especially NYC, real estate is limited and expensive, making it difficult to find suitable locations to accommodate charging stations and vehicles without disrupting city traffic. “Most of the federal EV infrastructure grants are for chargers deployed along highways (not buildings), limiting monetary incentives available to building developers deploying EV chargers,” Akshay Singh, Industrial and Automotive Industries Principal at PwC Strategy&, told me. “City planners need to work closely with utilities to make sure upgrades are being planned & performed timely, especially to supply dense urban areas with the highest EV adoption.” New York’s grid is already strained as the city attempts to electrify not only its transportation but also its buildings. Singh asserts that developers often do not understand the level of grid upgrades required due to a lack of available information. Moreover, these challenges are expected to become more prevalent with charging sites located in high-rise buildings that have not had capacity upgrades in years. “Major challenges with EV charging today are around how to make the economics of operating EV chargers feasible. DC fast chargers that operate at 100kW+ power output (to charge EVs within 30-45 mins) can cost upwards of $50k per unit which makes upfront costs of a multi-unit charging site very expensive,” added Singh. Electric Vehicles as Untapped Grid Assets? As New York pushes toward its ambitious goal of having 400,000 EVs on the road by 2030 as part of the "Green Rides" initiative, it’s clear that the city needs more fast-charging sites. Conglomerates like Revel are already making strides with its "superhub" in Brooklyn, boasting 25 high-speed chargers. But even with their success, the company faces a significant challenge: finding enough grid power to keep these large fast-charging stations running smoothly. While the city grapples with its grid limitations, some startups are stepping in to offer innovative solutions through A.I. and edge computing. Brooklyn-based Synop, for instance, aims to help stabilize the grid by integrating data from grid operators, EV charging stations, and EV fleet operators. “We focus on edge computing to enhance charging management,” Gagan Dhillon, CEO of Synop, told me. By bringing cloud-based functionality closer to the charging site, the company says it can increase reliability and reduce latency, “which is critical in areas with constrained grids or complex microgrid setups.” Dhillon added that one overlooked aspect of EV adoption is that electric vehicles are essentially batteries on wheels, and with the right infrastructure, they can serve as valuable assets rather than just power consumers. “EVs can act as backup power sources during times of high grid demand, providing energy back to the grid or even powering homes when needed,” he said. “With the integration of smart charging technology, EVs can be programmed to charge during off-peak times when energy is more abundant. This flexibility makes them less of a strain on the grid than often imagined.” With more people driving EVs and a grid under a lot of strain, NYC's EV goal success will hinge on how open it is to new technologies, speeding up infrastructure projects, and investing in sustainable energy solutions. “There will be a need for higher powered EV chargers that will further increase the grid upgrade requirements. Developers need to work together with local utilities from the start to successfully deploy EV projects,” Singh told me. “Along with that, additional [capital expenditure] needed to sustain the grid for more demand needs to be laid out and discussions on who will bear the cost burden.” New York City plans to support electric vehicle (EV) adoption with a $15 million initiative to install 600 new curbside chargers. Can the city’s current grid infrastructure keep pace? New York City plans to support electric vehicle (EV) adoption with a $15 million initiative to install 600 new curbside chargers. Can the city’s current grid infrastructure keep pace? New York City plans to support electric vehicle (EV) adoption with a $15 million initiative to install 600 new curbside chargers. Can the city’s current grid infrastructure keep pace? New York City is ramping up its efforts to support electric vehicle (EV) adoption as it plans to install 600 new curbside EV chargers. Mayor Eric Adams recently announced that the initiative is part of a $15 million federal grant being awarded to the city to bolster its EV charging infrastructure — with a focus on underserved and low-income communities. “We’re building a cleaner, greener, and more affordable city for all New Yorkers, and through initiatives like this, we’re making sure that no New Yorkers are left behind,” wrote Mayor Adams in a blog post . “This $15 million grant will let us build the nation’s largest EV charging program, focused on low-income and disadvantaged areas so people living in all five boroughs can afford to drive and charge electric vehicles.” By 2050, New York City aims to get 20% of all new vehicles registered as electric. Thanks to incentives like the Inflation Reduction Act tax credits and Drive Clean rebates, a growing number of NYC drivers are switching to EVs. Despite these efforts, the city's grid is already struggling to keep up with the power and infrastructural requirements of current EV owners. blog post blog post Inflation Reduction Act Inflation Reduction Act switching switching Can NYC’s Electrical Grid Keep Up with the Growing Demand for EV Charging? NYC is currently grappling with two key challenges to scale its charging infrastructure — space and available power. For commercial transportation, charging hubs require significant space for infrastructure and larger electric trucks. In dense urban areas, especially NYC, real estate is limited and expensive, making it difficult to find suitable locations to accommodate charging stations and vehicles without disrupting city traffic. “Most of the federal EV infrastructure grants are for chargers deployed along highways (not buildings), limiting monetary incentives available to building developers deploying EV chargers,” Akshay Singh , Industrial and Automotive Industries Principal at PwC Strategy&, told me. “City planners need to work closely with utilities to make sure upgrades are being planned & performed timely, especially to supply dense urban areas with the highest EV adoption.” Akshay Singh Akshay Singh New York’s grid is already strained as the city attempts to electrify not only its transportation but also its buildings. Singh asserts that developers often do not understand the level of grid upgrades required due to a lack of available information. Moreover, these challenges are expected to become more prevalent with charging sites located in high-rise buildings that have not had capacity upgrades in years. “Major challenges with EV charging today are around how to make the economics of operating EV chargers feasible. DC fast chargers that operate at 100kW+ power output (to charge EVs within 30-45 mins) can cost upwards of $50k per unit which makes upfront costs of a multi-unit charging site very expensive,” added Singh. Electric Vehicles as Untapped Grid Assets? As New York pushes toward its ambitious goal of having 400,000 EVs on the road by 2030 as part of the " Green Rides " initiative, it’s clear that the city needs more fast-charging sites. Conglomerates like Revel are already making strides with its " superhub " in Brooklyn, boasting 25 high-speed chargers. But even with their success, the company faces a significant challenge: finding enough grid power to keep these large fast-charging stations running smoothly. Green Rides Green Rides superhub superhub While the city grapples with its grid limitations, some startups are stepping in to offer innovative solutions through A.I. and edge computing. Brooklyn-based Synop, for instance, aims to help stabilize the grid by integrating data from grid operators, EV charging stations, and EV fleet operators. “We focus on edge computing to enhance charging management,” Gagan Dhillon , CEO of Synop, told me. By bringing cloud-based functionality closer to the charging site, the company says it can increase reliability and reduce latency, “which is critical in areas with constrained grids or complex microgrid setups.” Gagan Dhillon Gagan Dhillon Dhillon added that one overlooked aspect of EV adoption is that electric vehicles are essentially batteries on wheels, and with the right infrastructure, they can serve as valuable assets rather than just power consumers. “EVs can act as backup power sources during times of high grid demand, providing energy back to the grid or even powering homes when needed,” he said. “With the integration of smart charging technology, EVs can be programmed to charge during off-peak times when energy is more abundant. This flexibility makes them less of a strain on the grid than often imagined.” With more people driving EVs and a grid under a lot of strain, NYC's EV goal success will hinge on how open it is to new technologies, speeding up infrastructure projects, and investing in sustainable energy solutions. “There will be a need for higher powered EV chargers that will further increase the grid upgrade requirements. Developers need to work together with local utilities from the start to successfully deploy EV projects,” Singh told me. “Along with that, additional [capital expenditure] needed to sustain the grid for more demand needs to be laid out and discussions on who will bear the cost burden.”

NYC's $15 Million EV Charger Initiative: Can the City Grid Handle Rising Energy Demands?

Michael Saylor’s MicroStrategy has recently announced that they purchased 27,200 BTC worth $2.03 billion between October 31 and November 10. The average price was $74,464 per Bitcoin.
(source) At this point, MicroStrategy owns 279,420 BTC at an average price of $42,629 per Bitcoin. Back at the start of the year, MicroStrategy had 189,150 BTC, so the company bought 90,270 BTC in 2024. Overall, MicroStrategy bought its BTC for less than half the current price and is ready for the next leg of the current bull market. The company’s results are impressive, but the plan behind MicroStrategy’s success is extremely simple. Saylor buys BTC whenever possible and does not sell any of MicroStrategy’s holdings. Saylor does not pay attention to news, regulatory challenges, political developments, and even the price. MicroStrategy buys BTC regularly and uses its access to traditional financial markets to raise funds to buy more Bitcoin, as simple as that. A similar strategy is used by El Salvador, which is led by Nayib Bukele. El Salvador started buying BTC in September 2021. Back then, Bitcoin traded near the $51,000 level. Bukele was heavily criticized for his decision to start buying Bitcoin. The IMF raised worries about the country’s BTC plan, but Bukele did not blink. In November 2022, Bukele introduced a new BTC policy. El Salvador started to buy one Bitcoin per day. This simple idea brought great results, as Bitcoin traded near the $16,000 level at that time. The key question is when will the simple strategy popularized by Saylor and Bukele get adopted by institutional investors and governments? It should be noted that this idea is slowly gaining momentum. In Japan, an investment firm Metaplanet follows the MicroStrategy route and has already bought more than 1,000 BTC. The rising number of strategic holders will boost demand for Bitcoin in the future. The catalyst that could send Bitcoin well above the $100,000 level is the emergence of another country that is ready to put BTC into reserves. El Salvador is a small country that cannot make a big impact in the market. A country larger than El Salvador can make a big difference. In the U.S., Senator Cynthia Lummis is proposing to establish a strategic Bitcoin reserve. To build this reserve, Lummis plans to implement a 1-million-unit Bitcoin purchase program to buy roughly 5% of the total Bitcoin supply. The idea is to mirror the size of gold reserves held by the U.S. In case such a proposal is implemented, Bitcoin price will skyrocket. However, it remains to be seen whether the U.S. is ready to make a sharp turn from curbing crypto activity to buying BTC for strategic reserves. The existence of such proposals indicates that countries have started to explore the potential role of BTC as a strategic store of value. The more the Bitcoin price grows, the more countries and investment firms will ask themselves whether they should put it in their reserves and portfolios. This task is easier for individuals, who can implement a Saylor-like strategy at any time since BTC can be bought in small fractions. Michael Saylor’s MicroStrategy has recently announced that they purchased 27,200 BTC worth $2.03 billion between October 31 and November 10. The average price was $74,464 per Bitcoin. (source) Michael Saylor’s MicroStrategy has recently announced that they purchased 27,200 BTC worth $2.03 billion between October 31 and November 10. The average price was $74,464 per Bitcoin. ( source ) source At this point, MicroStrategy owns 279,420 BTC at an average price of $42,629 per Bitcoin. Back at the start of the year, MicroStrategy had 189,150 BTC, so the company bought 90,270 BTC in 2024. Overall, MicroStrategy bought its BTC for less than half the current price and is ready for the next leg of the current bull market. BTC The company’s results are impressive, but the plan behind MicroStrategy’s success is extremely simple. Saylor buys BTC whenever possible and does not sell any of MicroStrategy’s holdings. Saylor does not pay attention to news, regulatory challenges, political developments, and even the price. MicroStrategy buys BTC regularly and uses its access to traditional financial markets to raise funds to buy more Bitcoin, as simple as that. A similar strategy is used by El Salvador, which is led by Nayib Bukele. El Salvador started buying BTC in September 2021. Back then, Bitcoin traded near the $51,000 level. Bukele was heavily criticized for his decision to start buying Bitcoin. The IMF raised worries about the country’s BTC plan, but Bukele did not blink. In November 2022, Bukele introduced a new BTC policy. El Salvador started to buy one Bitcoin per day. This simple idea brought great results, as Bitcoin traded near the $16,000 level at that time. The key question is when will the simple strategy popularized by Saylor and Bukele get adopted by institutional investors and governments? It should be noted that this idea is slowly gaining momentum. In Japan, an investment firm Metaplanet follows the MicroStrategy route and has already bought more than 1,000 BTC. The rising number of strategic holders will boost demand for Bitcoin in the future. The catalyst that could send Bitcoin well above the $100,000 level is the emergence of another country that is ready to put BTC into reserves. El Salvador is a small country that cannot make a big impact in the market. A country larger than El Salvador can make a big difference. In the U.S., Senator Cynthia Lummis is proposing to establish a strategic Bitcoin reserve. To build this reserve, Lummis plans to implement a 1-million-unit Bitcoin purchase program to buy roughly 5% of the total Bitcoin supply. The idea is to mirror the size of gold reserves held by the U.S. proposing proposing In case such a proposal is implemented, Bitcoin price will skyrocket. However, it remains to be seen whether the U.S. is ready to make a sharp turn from curbing crypto activity to buying BTC for strategic reserves. The existence of such proposals indicates that countries have started to explore the potential role of BTC as a strategic store of value. The more the Bitcoin price grows, the more countries and investment firms will ask themselves whether they should put it in their reserves and portfolios. This task is easier for individuals, who can implement a Saylor-like strategy at any time since BTC can be bought in small fractions.

MicroStrategy, El Salvador, and the Rise of Strategic Bitcoin Holdings

The internet has long been a powerful resource, partially because it connects people. Relatedly, it allows like-minded individuals to come together and communicate about shared interests. Some parties have taken such activities to the next level, deciding to collaborate on common goals. This phenomenon has led to a rise in so-called cyber militias. Hacktivism, online armies, and online/digital activism are other synonyms for this emerging trend. What Is the Purpose of Cyber Militias? Although some of the earliest cyber militias banded together for political reasons, some participants have broadened their causes to include social and environmental aims. That characteristic explains why cyber activism has become more popular over the last several years. Wars, climate change, and civil unrest are some of the many factors that dominate people’s lives. Many are not in positions where they can safely attend protests or take other in-person actions. However, the internet is a highly accessible resource that individuals can harness for mobilization, communication, and solidarity. Relatedly, a 2023 analysis found that 92% of jobs require digital skills. Suppose people already have those capabilities because they use them in their work. Some might understandably want to apply them during their downtime if they feel compelled to act in response to things they see occurring in their society. The Internet as a Content Vehicle Another likely reason why cyber militias have cropped up relatively recently is that the internet makes it incredibly easy to distribute information to the masses in seconds. Traditional activism required printing flyers and taking the time to post them in prominent areas or give them to people at events. However, individuals can use the internet to do the equivalent of that in seconds. For example, estimates suggest that approximately 126 million Americans saw Russia-affiliated content during the 2016 United States presidential campaign, and that figure concerned Facebook alone. That massive reach also highlights how people can participate in cyber militias from anywhere and potentially influence the goings-on in other countries. Importantly, a worrisome part of internet-related content distribution is that anyone can get involved, and there is no guarantee of the validity of whatever they say. If the online content comes from a reporter at a well-known national or international news outlet, the employer's reputation strengthens the information distributor’s credibility. However, the accessibility and reach of social media combine to allow virtually anyone to spread information online. Things have gotten even more complicated with the increasing availability of AI-based video and picture tools. These products can create people’s faces from scratch or swap them. That means individuals cannot necessarily believe everything they see. However, a connected problem is that far too few internet users take the time to check facts and get the whole picture. Additionally, if people can push content far and wide, it greatly increases the chances of the masses seeing it. Hacker-Activists Disrupting Websites and Infrastructure Most cyber militias do not solely operate by publishing or creating content on a large scale that may not be wholly truthful or trustworthy. Instead, they also plan coordinated hacks that make websites or online services inoperable. Since so many essential parts of daily activities also have online components, hackers have disrupted those, too. Ukraine has one of the most recent examples of a cyber militia, with many volunteers joining its forces from all over the world. In July 2024, this group collectively targeted numerous Russian banks and ATMs, with the effects spreading to many payment systems and financial apps. Some hacktivists also plan their actions to ensure ripple effects across some industries that are not historically well-prepared to defend against cyberattacks. One example came when online activists targeted universities in the United Kingdom for their support of the Israeli government’s actions against the Palestinians. Most people know that the healthcare industry is a frequent attack target, and many decision-makers have responded accordingly. However, many educational institutions still have significant room for improvement, and hackers capitalize on that. Plus, many college campuses are like miniature cities, featuring branded eateries, convenience stores, health services offices, and more. A well-orchestrated cyberattack can go far beyond canceled classes. Ransomware demands given to higher education entities can surpass $300,000 on average, emphasizing the tremendous associated expenses for an ill-prepared organization. Inspiring Transitions From Behind Screens to on the Streets Although some cyber militias only feature people who make impacts while sitting at their keyboards, some efforts have caused a shift whereby some participants realized they must go beyond that kind of activism and populate public spaces. One reason for this is that some individuals are eager to take part but need help figuring out how to get started. The internet can connect them to the necessary resources, help them see how specific protest topics relate to their lives, and inspire them to join the crowds of those standing up for causes. For example, earlier in 2024, Kenyans protested against a controversial tax bill. Although those events began in the capital city, they quickly spread to other parts of the country. The internet was a large part of why that progression occurred. Someone with a background in internet mobilization and activism explained how the online component was instrumental in reaching marginalized groups. Additionally, the internet and various associated technologies have increased the speed at which people can create content and how effectively they can engage others. Another related aspect concerns the facilitation of online crowdfunding through dedicated portals. Some interested parties who are committed to the respective causes cannot feasibly attend in-person protests, even if the internet initially interests them. However, it is easy to send online payments to support causes and help participants obtain the supplies needed for the desired impact. Actions Can Occur Beyond Battlefields Most traditional discussions of militias relate to groups of citizens who come together to support official militaries and supplement their efforts. Conversely, militias can also rise when people want to oppose the military or government. These things remain valid, but the modern difference is that the internet and devices that connect to it have become powerful tools for getting heard and noticed during times of increasing upheaval. The internet has long been a powerful resource, partially because it connects people. Relatedly, it allows like-minded individuals to come together and communicate about shared interests. Some parties have taken such activities to the next level, deciding to collaborate on common goals. This phenomenon has led to a rise in so-called cyber militias. Hacktivism, online armies, and online/digital activism are other synonyms for this emerging trend. The internet has long been a powerful resource, partially because it connects people. Relatedly, it allows like-minded individuals to come together and communicate about shared interests. Some parties have taken such activities to the next level, deciding to collaborate on common goals. This phenomenon has led to a rise in so-called cyber militias. Hacktivism, online armies, and online/digital activism are other synonyms for this emerging trend. What Is the Purpose of Cyber Militias? What Is the Purpose of Cyber Militias? Although some of the earliest cyber militias banded together for political reasons, some participants have broadened their causes to include social and environmental aims. That characteristic explains why cyber activism has become more popular over the last several years. Wars, climate change, and civil unrest are some of the many factors that dominate people’s lives. Many are not in positions where they can safely attend protests or take other in-person actions. However, the internet is a highly accessible resource that individuals can harness for mobilization, communication, and solidarity. Relatedly, a 2023 analysis found that 92% of jobs require digital skills. Suppose people already have those capabilities because they use them in their work. Some might understandably want to apply them during their downtime if they feel compelled to act in response to things they see occurring in their society. found that 92% of jobs require found that 92% of jobs require The Internet as a Content Vehicle Another likely reason why cyber militias have cropped up relatively recently is that the internet makes it incredibly easy to distribute information to the masses in seconds. Traditional activism required printing flyers and taking the time to post them in prominent areas or give them to people at events. However, individuals can use the internet to do the equivalent of that in seconds. For example, estimates suggest that approximately 126 million Americans saw Russia-affiliated content during the 2016 United States presidential campaign, and that figure concerned Facebook alone. That massive reach also highlights how people can participate in cyber militias from anywhere and potentially influence the goings-on in other countries. approximately 126 million Americans saw approximately 126 million Americans saw Importantly, a worrisome part of internet-related content distribution is that anyone can get involved, and there is no guarantee of the validity of whatever they say. If the online content comes from a reporter at a well-known national or international news outlet, the employer's reputation strengthens the information distributor’s credibility. However, the accessibility and reach of social media combine to allow virtually anyone to spread information online. Things have gotten even more complicated with the increasing availability of AI-based video and picture tools. These products can create people’s faces from scratch or swap them. That means individuals cannot necessarily believe everything they see. create people’s faces from scratch create people’s faces from scratch However, a connected problem is that far too few internet users take the time to check facts and get the whole picture. Additionally, if people can push content far and wide, it greatly increases the chances of the masses seeing it. Hacker-Activists Disrupting Websites and Infrastructure Most cyber militias do not solely operate by publishing or creating content on a large scale that may not be wholly truthful or trustworthy. Instead, they also plan coordinated hacks that make websites or online services inoperable. Since so many essential parts of daily activities also have online components, hackers have disrupted those, too. Ukraine has one of the most recent examples of a cyber militia, with many volunteers joining its forces from all over the world. In July 2024, this group collectively targeted numerous Russian banks and ATMs, with the effects spreading to many payment systems and financial apps. effects spreading to many payment systems effects spreading to many payment systems Some hacktivists also plan their actions to ensure ripple effects across some industries that are not historically well-prepared to defend against cyberattacks. One example came when online activists targeted universities in the United Kingdom for their support of the Israeli government’s actions against the Palestinians. Most people know that the healthcare industry is a frequent attack target, and many decision-makers have responded accordingly. However, many educational institutions still have significant room for improvement, and hackers capitalize on that. Plus, many college campuses are like miniature cities, featuring branded eateries, convenience stores, health services offices, and more. A well-orchestrated cyberattack can go far beyond canceled classes. Ransomware demands given to higher education entities can surpass $300,000 on average , emphasizing the tremendous associated expenses for an ill-prepared organization. can surpass $300,000 on average can surpass $300,000 on average Inspiring Transitions From Behind Screens to on the Streets Although some cyber militias only feature people who make impacts while sitting at their keyboards, some efforts have caused a shift whereby some participants realized they must go beyond that kind of activism and populate public spaces. One reason for this is that some individuals are eager to take part but need help figuring out how to get started. The internet can connect them to the necessary resources, help them see how specific protest topics relate to their lives, and inspire them to join the crowds of those standing up for causes. For example, earlier in 2024, Kenyans protested against a controversial tax bill. Although those events began in the capital city, they quickly spread to other parts of the country. The internet was a large part of why that progression occurred. Someone with a background in internet mobilization and activism explained how the online component was instrumental in reaching marginalized groups. Additionally, the internet and various associated technologies have increased the speed at which people can create content and how effectively they can engage others. the online component was instrumental in the online component was instrumental in Another related aspect concerns the facilitation of online crowdfunding through dedicated portals. Some interested parties who are committed to the respective causes cannot feasibly attend in-person protests, even if the internet initially interests them. However, it is easy to send online payments to support causes and help participants obtain the supplies needed for the desired impact. Actions Can Occur Beyond Battlefields Most traditional discussions of militias relate to groups of citizens who come together to support official militaries and supplement their efforts. Conversely, militias can also rise when people want to oppose the military or government. These things remain valid, but the modern difference is that the internet and devices that connect to it have become powerful tools for getting heard and noticed during times of increasing upheaval.

The Rise of Cyber Militias

In a world where decentralized finance and digital nomadism are redesigning ways of life, "crypto nomads" could well be the newest breed that depends on blockchain and digital cryptocurrency to live and work in any part of the world. These pioneering spirits are part of fully decentralized structures, working on projects across borders without barriers, and again defining financial freedom. Who Are Crypto Nomads? Crypto nomads, a term derived from the combination of cryptocurrency enthusiasts and digital nomads, are individuals who work remotely but are financially supported by crypto assets, DeFi investments, or blockchain-based income. Crypto nomads work remotely, but for them, cryptocurrency and blockchain are the backbones of their professional and financial activities. Most of the time, one will be dealing in professions related to blockchain development, cryptocurrency trading, consultancy, and even project management by utilizing digital assets and DeFi. Besides traditional digital nomads who work remotely though bound through centralized financial systems, crypto nomads depend on decentralized systems through which they manage finances and pursue opportunities anywhere with ease in the world. Key Features of Crypto Nomadism Include: Borderless Work: This gives them, in turn, the evasion of national border or financial regulations, making global transactions and collaborations seemingly so much easier. Financial Independence: They are confident above all in cryptocurrencies, sidestepping banks, and systems of traditional money transfer. This decreases fees and simultaneously simplifies international payments. Decentralized Communities: Crypto nomads unite through DAOs, which is a way for them to work on projects flexibly and co-creatively. The growing significance of DAOs is that they are often touted as the future of work. Co-creation Within The Crypto Nomad Lifestyle Co-creation is integral to the crypto-nomad community. Co-creation, in a nutshell, is a process of collaboration and innovation by people or organizations through decentralized networks and DAOs rather than business hierarchies. In the crypto space, this means shared ownership and community-driven project development. One quintessential example is the DAOs, which allow participants to make collective decisions, contribute to skill-based decisions, and get rewarded via governance tokens. Key Benefits of Co-creation For Crypto Nomads: Collaborative Innovation: Participating in DAOs would mean crypto nomads are able to work on blockchain projects without any central body, hence facilitating cross-border innovation. Financial Inclusion: Through the use of the blockchain, they get involved in low-cost peer-to-peer transactions, hence getting involved with projects around the world and reducing their dependence on conventional systems of finance. How Crypto Nomads Are Redefining Work And Income The crypto nomad lifestyle seeks to reshape work and income by leveraging decentralized systems outside of the traditional models of work and employment. By this, professionals are allowed to work across borders, manage finances independently, and take up project-based jobs through DAOs. Unlike conventional jobs, which are generally confined to specific geography and corporate hierarchies, crypto nomads have been able to enjoy flexibility and freedom in work. The newly redefined work structure includes: Cross-border transaction: It eliminates the need for wire transfers and currency conversion. It therefore makes international financial transactions easier. Investment and financial independence: Crypto nomads can lend, borrow, and invest directly in DeFi solutions without any intermediaries; thus, it allows full control over one's finances. Fluid involvement in projects within DAOs: The crypto-nomads are allowed to work on projects in the DAO on flexible terms and get paid with governance tokens that are reward-enabling, carrying the extra value of decision-making on the future of the project. Impact on Local Economies and Community Building Cryptonomads add value, both economically and socially, to the communities they belong to by building digital nomad communities in Bali, Lisbon, and Dubai. Finally, coworking spaces, a strong internet connection, and visa-friendly environments make these hubs a core of economic activities: their presence boosts local hospitality, tourism, and technology industries, opening new possibilities for local businesses and society in general. Local Effects of Crypto Nomadism: Local economic boost: Crypto nomads pay for local services, boosting hospitality and tourism, and driving tech entrepreneurship. Cultural Exchange and Innovation: Diverse ideas and skills moved forward by nomads enrich the cultures of residents and encourage innovation due to higher receptiveness to novelty. Some governments, like Estonia, go so far as to offer special visas for digital nomads with the goal of attracting them as a resource for local economic growth. The Role of Crypto Nomad Communities and DAOs in Global Collaboration Crypto nomads build a community based on shared interests, values, and blockchain-based interactions. In this line, DAOs have become powerful ways of belonging and mutual support since members of such organizations can contribute anytime and from any part of the world. As opposed to traditional concepts of community, crypto nomad groups represent the principles of inclusiveness, trust, and co-ownership, hence fostering collaboration across projects and countries. Other Benefits of These Communities Include: Equitable Collaboration: Blockchain's transparency and permissionless design create the grounds for trusting, peer-to-peer collaboration. Social Contribution: The majority of crypto nomads are purpose-driven individuals ecologically seeking opportunities for volunteering and community engagements in the destinations they travel to. Crypto Nomadism: Its Challenges and the Way Forward While a decentralized, borderless lifestyle is romantic, crypto nomadism faces difficulties regarding regulatory uncertainties, fluctuating crypto values, and the instability of decentralized economies. Other common challenges are navigating complicated rules for visas, accessing consistent healthcare, and finding reliable connections to the internet. The future trends entail: Regulatory Developments: Accompanying increased mainstream adoption of crypto is that governments might also begin to adopt friendlier policies towards crypto nomads. Improved Security, Speed, and Innovation in Blockchain Products: Advances in blockchain technology could make blockchain networks more resistant to hacking and faster and more advanced financial products developed on the blockchain. The development of decentralized finance could be stabilized by such a development and, therefore, support the growth of the crypto nomad lifestyle. Case Study: House of Web3 The House of Web3, founded in 2022 by Edge & Node, is an outstanding example of a co-creation hub for internet nomads working in AI, blockchain and decentralized technology. Described as the modern-day” town hall”, it has welcomed over 10,000 attendees and has over 750 approved co-creators including developers, founders and VCs from more than 300 companies around the world. It serves as a work space and a community where digital nomads, developers, founders, and venture capitalists can connect, collaborate, and learn from one another. The space has hosted thousands of events, ranging from technical workshops to high-profile discussions with San Francisco's mayor and mayoral candidates, positioning it as a platform for addressing real-world issues through emerging technologies. Two years since its launch, it has fostered collaborations between blockchain and AI pioneers, and nurtured  a thriving community of crypto nomads. Conclusion: Crypto nomads rethink notions of work, community, and financial freedom through blockchain and decentralized finance to operate without borders. They also collaborate on international projects through DAOs, enabling a co-creative culture to support shared ownership in furthering innovation and financial inclusion. Crypto nomads have contributed culturally and economically to the communities in which they set up hubs in Bali, Lisbon, and elsewhere. Indeed, this somewhat strange marriage between global collaboration and local impact is what makes this lifestyle so different from most other modern prototypes. In a world where decentralized finance and digital nomadism are redesigning ways of life, "crypto nomads" could well be the newest breed that depends on blockchain and digital cryptocurrency to live and work in any part of the world. These pioneering spirits are part of fully decentralized structures, working on projects across borders without barriers, and again defining financial freedom. Who Are Crypto Nomads? Crypto nomads, a term derived from the combination of cryptocurrency enthusiasts and digital nomads, are individuals who work remotely but are financially supported by crypto assets, DeFi investments, or blockchain-based income. Crypto nomads work remotely, but for them, cryptocurrency and blockchain are the backbones of their professional and financial activities. Most of the time, one will be dealing in professions related to blockchain development, cryptocurrency trading, consultancy, and even project management by utilizing digital assets and DeFi. Besides traditional digital nomads who work remotely though bound through centralized financial systems, crypto nomads depend on decentralized systems through which they manage finances and pursue opportunities anywhere with ease in the world. Key Features of Crypto Nomadism Include: Borderless Work: This gives them, in turn, the evasion of national border or financial regulations, making global transactions and collaborations seemingly so much easier. Borderless Work: Financial Independence: T hey are confident above all in cryptocurrencies, sidestepping banks, and systems of traditional money transfer. This decreases fees and simultaneously simplifies international payments. Financial Independence: T Decentralized Communities: Crypto nomads unite through DAOs, which is a way for them to work on projects flexibly and co-creatively. The growing significance of DAOs is that they are often touted as the future of work. Decentralized Communities: Co-creation Within The Crypto Nomad Lifestyle Co-creation is integral to the crypto-nomad community. Co-creation, in a nutshell, is a process of collaboration and innovation by people or organizations through decentralized networks and DAOs rather than business hierarchies. In the crypto space, this means shared ownership and community-driven project development. One quintessential example is the DAOs, which allow participants to make collective decisions, contribute to skill-based decisions, and get rewarded via governance tokens. Key Benefits of Co-creation For Crypto Nomads: Collaborative Innovation: Collaborative Innovation: Participating in DAOs would mean crypto nomads are able to work on blockchain projects without any central body, hence facilitating cross-border innovation. Financial Inclusion: Financial Inclusion: Through the use of the blockchain, they get involved in low-cost peer-to-peer transactions, hence getting involved with projects around the world and reducing their dependence on conventional systems of finance. How Crypto Nomads Are Redefining Work And Income The crypto nomad lifestyle seeks to reshape work and income by leveraging decentralized systems outside of the traditional models of work and employment. By this, professionals are allowed to work across borders, manage finances independently, and take up project-based jobs through DAOs. Unlike conventional jobs, which are generally confined to specific geography and corporate hierarchies, crypto nomads have been able to enjoy flexibility and freedom in work. The newly redefined work structure includes: Cross-border transaction: Cross-border transaction: It eliminates the need for wire transfers and currency conversion. It therefore makes international financial transactions easier. Investment and financial independence: Investment and financial independence: Crypto nomads can lend, borrow, and invest directly in DeFi solutions without any intermediaries; thus, it allows full control over one's finances. Fluid involvement in projects within DAOs: Fluid involvement in projects within DAOs: The crypto-nomads are allowed to work on projects in the DAO on flexible terms and get paid with governance tokens that are reward-enabling, carrying the extra value of decision-making on the future of the project. Impact on Local Economies and Community Building Cryptonomads add value, both economically and socially, to the communities they belong to by building digital nomad communities in Bali, Lisbon, and Dubai. Finally, coworking spaces, a strong internet connection, and visa-friendly environments make these hubs a core of economic activities: their presence boosts local hospitality, tourism, and technology industries, opening new possibilities for local businesses and society in general. Local Effects of Crypto Nomadism: Local economic boost: Local economic boost: Crypto nomads pay for local services, boosting hospitality and tourism, and driving tech entrepreneurship. Cultural Exchange and Innovation: Cultural Exchange and Innovation: Diverse ideas and skills moved forward by nomads enrich the cultures of residents and encourage innovation due to higher receptiveness to novelty. Some governments, like Estonia, go so far as to offer special visas for digital nomads with the goal of attracting them as a resource for local economic growth. The Role of Crypto Nomad Communities and DAOs in Global Collaboration Crypto nomads build a community based on shared interests, values, and blockchain-based interactions. In this line, DAOs have become powerful ways of belonging and mutual support since members of such organizations can contribute anytime and from any part of the world. As opposed to traditional concepts of community, crypto nomad groups represent the principles of inclusiveness, trust, and co-ownership, hence fostering collaboration across projects and countries. Other Benefits of These Communities Include: Equitable Collaboration: Equitable Collaboration: Blockchain's transparency and permissionless design create the grounds for trusting, peer-to-peer collaboration. Social Contribution: Social Contribution: The majority of crypto nomads are purpose-driven individuals ecologically seeking opportunities for volunteering and community engagements in the destinations they travel to. Crypto Nomadism: Its Challenges and the Way Forward While a decentralized, borderless lifestyle is romantic, crypto nomadism faces difficulties regarding regulatory uncertainties, fluctuating crypto values, and the instability of decentralized economies. Other common challenges are navigating complicated rules for visas, accessing consistent healthcare, and finding reliable connections to the internet. The future trends entail: The future trends entail: Regulatory Developments: Regulatory Developments: Accompanying increased mainstream adoption of crypto is that governments might also begin to adopt friendlier policies towards crypto nomads. Improved Security, Speed, and Innovation in Blockchain Products: Improved Security, Speed, and Innovation in Blockchain Products: Advances in blockchain technology could make blockchain networks more resistant to hacking and faster and more advanced financial products developed on the blockchain. The development of decentralized finance could be stabilized by such a development and, therefore, support the growth of the crypto nomad lifestyle. Case Study: House of Web3 The House of Web3, founded in 2022 by Edge & Node, is an outstanding example of a co-creation hub for internet nomads working in AI, blockchain and decentralized technology. Described as the modern-day” town hall”, it has welcomed over 10,000 attendees and has over 750 approved co-creators including developers, founders and VCs from more than 300 companies around the world. It serves as a work space and a community where digital nomads, developers, founders, and venture capitalists can connect, collaborate, and learn from one another. The space has hosted thousands of events, ranging from technical workshops to high-profile discussions with San Francisco's mayor and mayoral candidates, positioning it as a platform for addressing real-world issues through emerging technologies. Two years since its launch, it has fostered collaborations between blockchain and AI pioneers, and nurtured  a thriving community of crypto nomads. Conclusion: Crypto nomads rethink notions of work, community, and financial freedom through blockchain and decentralized finance to operate without borders. They also collaborate on international projects through DAOs, enabling a co-creative culture to support shared ownership in furthering innovation and financial inclusion. Crypto nomads have contributed culturally and economically to the communities in which they set up hubs in Bali, Lisbon, and elsewhere. Indeed, this somewhat strange marriage between global collaboration and local impact is what makes this lifestyle so different from most other modern prototypes.

The Rise Of Crypto Nomads: How Co-Creation Is Redefining Global Work And Community

The TechBeat: How Fintech Is Revolutionizing Compliance: Automation, AI, and the Future of Risk Management  (11/14/2024)

There are certain times in the history of investing when trends turn into full market swings, and it’s hard to find a better example than Environmental, Social, and Governance investing strategies. The focus for ESG investing was always on sustainability, corporate responsibility, and ethical governance, and it’s really reshaped how both individuals and institutional investors have allocated capital in the last decade. In recent years, though, ESG investing has been turned on its head. There have been many critics of the strategy, especially on performance metrics, and concerns about “greenwashing” have raised massive doubts about the true impacts of these strategies as well. It’s led to the growing debate: Is ESG investing losing its appeal, or is it evolving into a more mature and transparent market? The Rise of ESG Investing In the 1960s, there was a term for investing that was similar, called Socially Responsible Investing (SRI). This was really the beginning of ESG, but SRI investing mainly avoided certain industries, like tobacco and weapons. Over the decades, SRI evolved into the broader ESG framework, which gained significant traction in the 2000s. After the 2008 financial crisis, it grew even further as investors wanted safer, more responsible investment options. And by the 2010s, ESG transformed into a mainstream investment strategy from the niche offering it started as. The COVID-19 pandemic further accelerated growth in the area, as it highlighted how corporations can be important players in addressing global challenges. Maxim Manturov, head of investment research at Freedom24, explained: “The COVID-19 pandemic has made it clear that corporations play a crucial role in solving global problems. Governments alone cannot solve problems such as disease, climate change, workplace safety, or pay inequality based on gender and race. These problems affect people around the world and require the resources and expertise of corporations to address them. So, what makes a stock a good ESG investment? A good ESG company focuses on supporting environmental programmes, caring for its employees, making a positive contribution to local communities and delivering value to shareholders. It is important to validate its reputation through ESG rating agencies such as MSCI and Sustainalytics. Financial performance remains critical to ESG investing. As an ESG investor, you can promote responsible corporate behaviour without sacrificing returns. Institutional investors use ESG ratings to support the high standards of companies, and individual investors can do the same. By investing in leading ESG companies, you support initiatives such as energy efficiency, waste reduction, safer workplaces, and ethical business practices.” Globally, ESG investments are projected to continue with expansion. According to Bloomberg, ESG assets are expected to “reach over $40 trillion by 2030 – over 25% of” global assets under management. Europe is expected to be the leader of this sector with about $18 trillion in ESG assets, while the US may have slower growth due to political and economic challenges. Challenges Facing ESG Investing Recent years, however, haven’t been so rosy in the ESG investing space. The biggest challenge has been the issue of ‘greenwashing’, where companies falsely claim or exaggerate their environmental and social credentials to attract those ESG-conscious dollars. Many calls have been made to increase regulatory scrutiny and also standardisation of ESG reporting frameworks so there’s more transparency and accountability. According to Bloomberg Intelligence, this is exactly what will be needed to give more credibility to ESG investments and should help address some concerns about false claims and inconsistent ESG practices. The next issue for ESG investing is financial performance. A report from the Financial Times noted that ESG ETFs have underperformed their traditional counterparts over the past decade annually by 0.2 percentage points. Much was made about the outperformance in 2020 - often cited as ESG’s financial success, but it was largely a statistical outlier driven by sector biases, as ESG tends to be overweight in technology and underweight in energy, which drove much of the year’s success. Investor sentiment has since been mixed. Some remain committed to ESG for ethical reasons, while others question whether these funds are really delivering long-term returns. Is ESG Dead or Evolving? Despite the challenges facing ESG investing, it is likely evolving rather than dying as it enters a phase of slower growth and consolidation. It’s natural for any growth area or investing. As the market starts to mature, it needs better regulation and transparency. Once it has that and restores investor confidence, it may continue to grow. The core principles of sustainability, corporate responsibility, and governance aren’t going anywhere, especially in this transparent and data-driven digital age. However, to regain credibility, better analysis and accountability are needed. As for performance, there is likely a reason that ESG strategies are failing to outperform, according to Scientific Beta. They found that many ESG strategies rely on superficial ratings rather than the deep, fundamental analysis of companies - reinforcing the need for better ESG strategies that go beyond simple criteria. Evolution can lead to better outcomes for everyone in this scenario. Conclusion To bring it all together, ESG has had significant growth, but now, in its mature stage, there are many challenges. None of which are bigger than greenwashing and underperformance of assets. That being said, ESG is likely not dead - it is evolving. Long-term growth projections, alongside increased regulatory scrutiny, suggest that ESG investing should remain a big part of financial markets in the future. Investors, either ones that want to invest online or offline, should stay informed, understand the limitations of ESG strategies, and be mindful of greenwashing risks. There are certain times in the history of investing when trends turn into full market swings, and it’s hard to find a better example than Environmental, Social, and Governance investing strategies. The focus for ESG investing was always on sustainability, corporate responsibility, and ethical governance, and it’s really reshaped how both individuals and institutional investors have allocated capital in the last decade. In recent years, though, ESG investing has been turned on its head. There have been many critics of the strategy, especially on performance metrics, and concerns about “greenwashing” have raised massive doubts about the true impacts of these strategies as well. It’s led to the growing debate: Is ESG investing losing its appeal, or is it evolving into a more mature and transparent market? The Rise of ESG Investing In the 1960s, there was a term for investing that was similar, called Socially Responsible Investing (SRI). This was really the beginning of ESG, but SRI investing mainly avoided certain industries, like tobacco and weapons. Over the decades, SRI evolved into the broader ESG framework, which gained significant traction in the 2000s. After the 2008 financial crisis, it grew even further as investors wanted safer, more responsible investment options. And by the 2010s, ESG transformed into a mainstream investment strategy from the niche offering it started as. The COVID-19 pandemic further accelerated growth in the area, as it highlighted how corporations can be important players in addressing global challenges. Maxim Manturov, head of investment research at Freedom24, explained: “The COVID-19 pandemic has made it clear that corporations play a crucial role in solving global problems. Governments alone cannot solve problems such as disease, climate change, workplace safety, or pay inequality based on gender and race. These problems affect people around the world and require the resources and expertise of corporations to address them. So, what makes a stock a good ESG investment? A good ESG company focuses on supporting environmental programmes, caring for its employees, making a positive contribution to local communities and delivering value to shareholders. It is important to validate its reputation through ESG rating agencies such as MSCI and Sustainalytics. Financial performance remains critical to ESG investing. As an ESG investor, you can promote responsible corporate behaviour without sacrificing returns. Institutional investors use ESG ratings to support the high standards of companies, and individual investors can do the same. By investing in leading ESG companies, you support initiatives such as energy efficiency, waste reduction, safer workplaces, and ethical business practices.” Globally, ESG investments are projected to continue with expansion. According to Bloomberg , ESG assets are expected to “reach over $40 trillion by 2030 – over 25% of” global assets under management. Europe is expected to be the leader of this sector with about $18 trillion in ESG assets, while the US may have slower growth due to political and economic challenges. Bloomberg Bloomberg Challenges Facing ESG Investing Recent years, however, haven’t been so rosy in the ESG investing space. The biggest challenge has been the issue of ‘ greenwashing ’, where companies falsely claim or exaggerate their environmental and social credentials to attract those ESG-conscious dollars. Many calls have been made to increase regulatory scrutiny and also standardisation of ESG reporting frameworks so there’s more transparency and accountability. According to Bloomberg Intelligence , this is exactly what will be needed to give more credibility to ESG investments and should help address some concerns about false claims and inconsistent ESG practices. greenwashing greenwashing Bloomberg Intelligence Bloomberg Intelligence The next issue for ESG investing is financial performance. A report from the Financial Times noted that ESG ETFs have underperformed their traditional counterparts over the past decade annually by 0.2 percentage points. Much was made about the outperformance in 2020 - often cited as ESG’s financial success, but it was largely a statistical outlier driven by sector biases, as ESG tends to be overweight in technology and underweight in energy, which drove much of the year’s success. Financial Times Financial Times Investor sentiment has since been mixed. Some remain committed to ESG for ethical reasons, while others question whether these funds are really delivering long-term returns. Is ESG Dead or Evolving? Despite the challenges facing ESG investing, it is likely evolving rather than dying as it enters a phase of slower growth and consolidation. It’s natural for any growth area or investing. As the market starts to mature, it needs better regulation and transparency. Once it has that and restores investor confidence, it may continue to grow. The core principles of sustainability , corporate responsibility, and governance aren’t going anywhere, especially in this transparent and data-driven digital age. However, to regain credibility, better analysis and accountability are needed. sustainability As for performance, there is likely a reason that ESG strategies are failing to outperform, according to Scientific Beta. They found that many ESG strategies rely on superficial ratings rather than the deep, fundamental analysis of companies - reinforcing the need for better ESG strategies that go beyond simple criteria. Evolution can lead to better outcomes for everyone in this scenario. Conclusion To bring it all together, ESG has had significant growth, but now, in its mature stage, there are many challenges. None of which are bigger than greenwashing and underperformance of assets. That being said, ESG is likely not dead - it is evolving. Long-term growth projections, alongside increased regulatory scrutiny, suggest that ESG investing should remain a big part of financial markets in the future. Investors, either ones that want to invest online or offline, should stay informed, understand the limitations of ESG strategies, and be mindful of greenwashing risks.

Is ESG Investing Dead? The Rise and Fall of Sustainable Investing

¿Ha muerto la inversión ESG? El auge y la caída de la inversión sostenible

Onko ESG Investing kuollut? Kestävän sijoittamisen nousu ja lasku

האם ESG Investing מת? עלייתה ונפילתה של השקעות בר קיימא

ESG投資は終わったのか？持続可能な投資の興亡

Maty ve ny ESG Investing? Ny fiakarana sy ny fianjeran'ny fampiasam-bola maharitra

ESG Investing үхсэн үү? Тогтвортой хөрөнгө оруулалтын өсөлт ба уналт

Investițiile ESG sunt moarte? Creșterea și scăderea investițiilor durabile

ESG ኢንቨስትመንት ሞይቱ ድዩ? ምልዓልን ምውዳቕን ዘላቒ ወፍሪ

Patay na ba ang ESG Investing? Ang Pagtaas at Pagbagsak ng Sustainable Investing

Xana ESG Ku Vekisa Swi file? Ku Tlakuka na ku Wa ka Vuvekisi lebyi nga heriki

کیا ESG سرمایہ کاری ختم ہو گئی ہے؟ پائیدار سرمایہ کاری کا عروج اور زوال

ESG 投资已死？可持续投资的兴衰

The TechBeat: How Fintech Is Revolutionizing Compliance: Automation, AI, and the Future of Risk Management  (11/12/2024)

The TechBeat: How Fintech Is Revolutionizing Compliance: Automation, AI, and the Future of Risk Management  (11/10/2024)

In today’s fast-paced financial landscape, staying compliant with ever-evolving regulations is more complex than ever. As fintech continues to reshape the industry, compliance teams are under increasing pressure to manage both global regulatory requirements and the constant threat of cyber risks. With new technologies like AI-powered automation, fintech companies are finding innovative ways to streamline compliance and stay ahead of the curve. Lasma Gavarane, Chief Risk & Compliance Officer at Noda, shares her insights into the key challenges compliance teams face and how fintech is playing a crucial role in transforming regulatory processes. Navigating a Complex Regulatory Landscape One of the biggest challenges for compliance teams today is the sheer volume and speed of regulatory updates. With each country or region introducing its own compliance rules, staying current can be overwhelming for global fintechs. As Gavarane explains: "Navigating rapidly changing regulations across multiple jurisdictions while integrating new technologies is one of the biggest challenges today. The pace of regulatory updates, combined with increasing complexity, stretches resources thin. Add rising cyber threats and the need for robust data privacy protections, and the workload can be overwhelming." Compliance teams must juggle these requirements while ensuring their organizations are up to date with new rules, all while maintaining a focus on security and privacy. Striking a Balance Between Penalties and Innovation There is an ongoing debate about whether tougher penalties for non-compliance are the solution to better regulatory adherence. While penalties do play a crucial role in encouraging compliance, an overly strict approach could hinder innovation, particularly for smaller fintech companies already facing resource constraints. "Regulators should strike a balance between imposing penalties and encouraging proactive compliance. Tougher penalties can deter non-compliance, but overly harsh measures might stifle innovation, especially for smaller fintech firms. Collaboration between regulators and firms, along with incentives for strong compliance practices, fosters a culture of compliance without hindering growth," Gavarane says. Encouraging a culture of compliance, rather than imposing punitive measures, helps fintech companies stay agile and focused on growth while maintaining a strong regulatory framework. The Rise of Regtech: How Technology Is Transforming Compliance Fintech solutions are helping to ease the burden on compliance teams through the rise of "Regtech" (regulatory technology). These AI-powered platforms are capable of automating many of the manual tasks traditionally associated with compliance, such as real-time monitoring, anomaly detection, and adhering to specific regulatory requirements. "Fintech solutions, particularly AI-powered Regtech platforms, are essential in automating compliance processes. These tools enable real-time monitoring, anomaly detection, and adherence to regulatory requirements. By reducing manual workloads, fintech companies can focus more on innovation and customer service," Gavarane highlights. This shift towards automation not only improves efficiency but also ensures that fintechs are staying ahead of their regulatory obligations. The Role of AI in Enhancing Compliance AI is revolutionizing compliance processes by automating time-consuming and resource-heavy tasks. AI-driven systems can quickly process massive amounts of data, identify patterns, and flag suspicious activities in real-time. This not only improves the efficiency of compliance operations but also enhances accuracy, reducing the likelihood of human error. "AI automates routine tasks like transaction monitoring and identity verification. This enhances efficiency and accuracy, while allowing compliance teams to focus on more strategic initiatives," says Gavarane. By automating tasks such as identity verification or transaction monitoring, fintech companies can ensure compliance in a way that is both scalable and efficient, freeing up teams to focus on more complex and critical issues. Risk Orchestration: A New Approach to Emerging Threats In an ever-evolving financial landscape, risk orchestration is becoming increasingly important. Risk orchestration brings together various risk management tools into a unified system, giving companies a complete view of potential threats. This holistic approach allows institutions to react quickly and effectively to any emerging risks. "Risk orchestration enhances agility by providing a comprehensive view of potential threats. This allows institutions to respond swiftly and effectively to emerging risks," Gavarane explains. By using risk orchestration, financial institutions can not only detect potential risks faster but also develop a more proactive approach to managing those risks, ensuring they remain resilient against future challenges. Looking Ahead: The Future of Compliance in Fintech The future of fintech compliance lies in the ongoing adoption of AI and risk management technologies. As regulatory demands continue to evolve, so too must the tools that help businesses navigate these challenges. The integration of AI and Regtech platforms will be key to helping fintech companies maintain compliance without compromising growth. Collaboration between fintechs and regulators will also play an important role in shaping a balanced approach to compliance. By focusing on innovation while maintaining rigorous standards, fintechs can build sustainable business models that not only meet regulatory demands but also set new industry benchmarks. In conclusion, compliance is no longer just about avoiding penalties — it’s about leveraging the latest technologies to build a strong, secure, and adaptable foundation for growth. Through AI, automation, and risk orchestration, fintech companies can streamline their compliance efforts, allowing them to focus on what truly matters: delivering innovative solutions to their customers. In today’s fast-paced financial landscape, staying compliant with ever-evolving regulations is more complex than ever. As fintech continues to reshape the industry, compliance teams are under increasing pressure to manage both global regulatory requirements and the constant threat of cyber risks. With new technologies like AI-powered automation, fintech companies are finding innovative ways to streamline compliance and stay ahead of the curve. Lasma Gavarane, Chief Risk & Compliance Officer at Noda , shares her insights into the key challenges compliance teams face and how fintech is playing a crucial role in transforming regulatory processes. Noda Navigating a Complex Regulatory Landscape One of the biggest challenges for compliance teams today is the sheer volume and speed of regulatory updates. With each country or region introducing its own compliance rules, staying current can be overwhelming for global fintechs. As Gavarane explains: "Navigating rapidly changing regulations across multiple jurisdictions while integrating new technologies is one of the biggest challenges today. The pace of regulatory updates, combined with increasing complexity, stretches resources thin. Add rising cyber threats and the need for robust data privacy protections, and the workload can be overwhelming." "Navigating rapidly changing regulations across multiple jurisdictions while integrating new technologies is one of the biggest challenges today. The pace of regulatory updates, combined with increasing complexity, stretches resources thin. Add rising cyber threats and the need for robust data privacy protections, and the workload can be overwhelming." "Navigating rapidly changing regulations across multiple jurisdictions while integrating new technologies is one of the biggest challenges today. The pace of regulatory updates, combined with increasing complexity, stretches resources thin. Add rising cyber threats and the need for robust data privacy protections, and the workload can be overwhelming." Compliance teams must juggle these requirements while ensuring their organizations are up to date with new rules, all while maintaining a focus on security and privacy. Striking a Balance Between Penalties and Innovation There is an ongoing debate about whether tougher penalties for non-compliance are the solution to better regulatory adherence. While penalties do play a crucial role in encouraging compliance, an overly strict approach could hinder innovation, particularly for smaller fintech companies already facing resource constraints. "Regulators should strike a balance between imposing penalties and encouraging proactive compliance. Tougher penalties can deter non-compliance, but overly harsh measures might stifle innovation, especially for smaller fintech firms. Collaboration between regulators and firms, along with incentives for strong compliance practices, fosters a culture of compliance without hindering growth," Gavarane says. "Regulators should strike a balance between imposing penalties and encouraging proactive compliance. Tougher penalties can deter non-compliance, but overly harsh measures might stifle innovation, especially for smaller fintech firms. Collaboration between regulators and firms, along with incentives for strong compliance practices, fosters a culture of compliance without hindering growth," Gavarane says. "Regulators should strike a balance between imposing penalties and encouraging proactive compliance. Tougher penalties can deter non-compliance, but overly harsh measures might stifle innovation, especially for smaller fintech firms. Collaboration between regulators and firms, along with incentives for strong compliance practices, fosters a culture of compliance without hindering growth," Encouraging a culture of compliance, rather than imposing punitive measures, helps fintech companies stay agile and focused on growth while maintaining a strong regulatory framework. The Rise of Regtech: How Technology Is Transforming Compliance Fintech solutions are helping to ease the burden on compliance teams through the rise of "Regtech" (regulatory technology). These AI-powered platforms are capable of automating many of the manual tasks traditionally associated with compliance, such as real-time monitoring, anomaly detection, and adhering to specific regulatory requirements. "Fintech solutions, particularly AI-powered Regtech platforms, are essential in automating compliance processes. These tools enable real-time monitoring, anomaly detection, and adherence to regulatory requirements. By reducing manual workloads, fintech companies can focus more on innovation and customer service," Gavarane highlights. "Fintech solutions, particularly AI-powered Regtech platforms, are essential in automating compliance processes. These tools enable real-time monitoring, anomaly detection, and adherence to regulatory requirements. By reducing manual workloads, fintech companies can focus more on innovation and customer service," Gavarane highlights. "Fintech solutions, particularly AI-powered Regtech platforms, are essential in automating compliance processes. These tools enable real-time monitoring, anomaly detection, and adherence to regulatory requirements. By reducing manual workloads, fintech companies can focus more on innovation and customer service," This shift towards automation not only improves efficiency but also ensures that fintechs are staying ahead of their regulatory obligations. The Role of AI in Enhancing Compliance AI is revolutionizing compliance processes by automating time-consuming and resource-heavy tasks. AI-driven systems can quickly process massive amounts of data, identify patterns, and flag suspicious activities in real-time. This not only improves the efficiency of compliance operations but also enhances accuracy, reducing the likelihood of human error. "AI automates routine tasks like transaction monitoring and identity verification. This enhances efficiency and accuracy, while allowing compliance teams to focus on more strategic initiatives," says Gavarane. "AI automates routine tasks like transaction monitoring and identity verification. This enhances efficiency and accuracy, while allowing compliance teams to focus on more strategic initiatives," says Gavarane. "AI automates routine tasks like transaction monitoring and identity verification. This enhances efficiency and accuracy, while allowing compliance teams to focus on more strategic initiatives," By automating tasks such as identity verification or transaction monitoring, fintech companies can ensure compliance in a way that is both scalable and efficient, freeing up teams to focus on more complex and critical issues. Risk Orchestration: A New Approach to Emerging Threats In an ever-evolving financial landscape, risk orchestration is becoming increasingly important. Risk orchestration brings together various risk management tools into a unified system, giving companies a complete view of potential threats. This holistic approach allows institutions to react quickly and effectively to any emerging risks. "Risk orchestration enhances agility by providing a comprehensive view of potential threats. This allows institutions to respond swiftly and effectively to emerging risks," Gavarane explains. "Risk orchestration enhances agility by providing a comprehensive view of potential threats. This allows institutions to respond swiftly and effectively to emerging risks," Gavarane explains. "Risk orchestration enhances agility by providing a comprehensive view of potential threats. This allows institutions to respond swiftly and effectively to emerging risks," By using risk orchestration, financial institutions can not only detect potential risks faster but also develop a more proactive approach to managing those risks, ensuring they remain resilient against future challenges. Looking Ahead: The Future of Compliance in Fintech The future of fintech compliance lies in the ongoing adoption of AI and risk management technologies. As regulatory demands continue to evolve, so too must the tools that help businesses navigate these challenges. The integration of AI and Regtech platforms will be key to helping fintech companies maintain compliance without compromising growth. Collaboration between fintechs and regulators will also play an important role in shaping a balanced approach to compliance. By focusing on innovation while maintaining rigorous standards, fintechs can build sustainable business models that not only meet regulatory demands but also set new industry benchmarks. In conclusion, compliance is no longer just about avoiding penalties — it’s about leveraging the latest technologies to build a strong, secure, and adaptable foundation for growth. Through AI, automation, and risk orchestration, fintech companies can streamline their compliance efforts, allowing them to focus on what truly matters: delivering innovative solutions to their customers.

How Fintech Is Revolutionizing Compliance: Automation, AI, and the Future of Risk Management 

Cómo la tecnología financiera está revolucionando el cumplimiento normativo: automatización, inteligencia artificial y el futuro de la gestión de riesgos

چگونه فین‌تک انطباق را متحول می‌کند: اتوماسیون، هوش مصنوعی و آینده مدیریت ریسک 

Comment la Fintech révolutionne la conformité : automatisation, IA et avenir de la gestion des risques

フィンテックがコンプライアンスに革命を起こす: 自動化、AI、そしてリスク管理の未来

Ndenge nini Fintech Ezali Kobongola Kotosa mibeko: Automatisation, AI, mpe Avenir ya Gestion ya Risque 

Jak Fintech rewolucjonizuje zgodność: automatyzacja, sztuczna inteligencja i przyszłość zarządzania ryzykiem

Sidee Fintech u Kacaanka U Hogaansanaanta: Automation, AI, iyo Mustaqbalka Maareynta Khatarta 

Како Финтецх револуционише усклађеност: аутоматизација, вештачка интелигенција и будућност управљања ризицима 

Fintech ปฏิวัติการปฏิบัติตามกฎระเบียบอย่างไร: ระบบอัตโนมัติ AI และอนาคตของการจัดการความเสี่ยง

Fintech Uyumluluğu Nasıl Devrimleştiriyor: Otomasyon, Yapay Zeka ve Risk Yönetiminin Geleceği

Як Fintech революціонізує комплаєнс: автоматизація, ШІ та майбутнє управління ризиками 

Fintech đang cách mạng hóa việc tuân thủ như thế nào: Tự động hóa, AI và tương lai của quản lý rủi ro

This winter, singles will choose virtual romance and long-distance relationships, according to Dating.com´s latest insights. One of the most popular communications platforms from Social Discovery Group, Dating.com, revealed in its recent study on ¨cuffing season¨, that eager-to-date singles will expand their horizons on dating apps and are open to virtual romances and long-distance relationships. As the leading company behind 60+ online communication platforms, the SDG study offers insights not only about this year´s dating trends during the colder months but also into what makes an ideal ¨cuffing season¨ partner. "As soon as the weather turns chilly, 'cuffing season' begins—a lonelier time of year when singles are more inclined to seek consistent communication or to pair up with someone as activities move indoors," said Sabrina Bendory, Dating & Relationships Expert. "The need for companionship during this more isolating season makes singles want to form relationships more than any other time of year. Dating.com has observed more long-distance or online-only connections developing during this season, where couples may meet and build/maintain emotional connections through virtual reality chats and video calls." 🌟Here´s a review of the top stats on recent dating trends: 89% of singles surveyed in the U.S. claimed to be open to having a partner during these upcoming colder months, with 34% being open to their short-term fling turning into a longer-term virtual relationship.
32% of respondents were open to having an online-only relationship with 57% claiming the top reason is for companionship. Digital daters are planning to stay signed on.
83% of respondents have had a virtual relationship with someone in a different state; with 40% of daters believing that long-distance virtual relationships = less stress and fewer strings attached. "A low-pressure approach to dating is in," said Bendory. The standout stats for what makes an ideal partner during this time were: 71% of respondents want someone relaxed and to go with the flow.


While a whopping 85% want someone who they share similar interests with and do similar activities. 💖 Another popular SDG comms platform, DateMyAge, which caters to the 40+ age group, brings those ready for mature dating together. Easily meet and connect with like-minded people over 40 from around the world in your second act. Stay up to date on the latest online dating trends and find your next match for cuffing season at Dating.com or DateMyAge today. This winter, singles will choose virtual romance and long-distance relationships, according to Dating.com ´s latest insights. Dating.com One of the most popular communications platforms from Social Discovery Group , Dating.com , revealed in its recent study on ¨cuffing season¨, that eager-to-date singles will expand their horizons on dating apps and are open to virtual romances and long-distance relationships. As the leading company behind 60+ online communication platforms, the SDG study offers insights not only about this year´s dating trends during the colder months but also into what makes an ideal ¨cuffing season¨ partner. Social Discovery Group Dating.com "As soon as the weather turns chilly, 'cuffing season' begins—a lonelier time of year when singles are more inclined to seek consistent communication or to pair up with someone as activities move indoors," said Sabrina Bendory, Dating & Relationships Expert. "The need for companionship during this more isolating season makes singles want to form relationships more than any other time of year. Dating.com has observed more long-distance or online-only connections developing during this season, where couples may meet and build/maintain emotional connections through virtual reality chats and video calls." "As soon as the weather turns chilly, 'cuffing season' begins—a lonelier time of year when singles are more inclined to seek consistent communication or to pair up with someone as activities move indoors," said Sabrina Bendory, Dating & Relationships Expert. "The need for companionship during this more isolating season makes singles want to form relationships more than any other time of year. Dating.com has observed more long-distance or online-only connections developing during this season, where couples may meet and build/maintain emotional connections through virtual reality chats and video calls." "As soon as the weather turns chilly, 'cuffing season' begins—a lonelier time of year when singles are more inclined to seek consistent communication or to pair up with someone as activities move indoors," said Sabrina Bendory, Dating & Relationships Expert. "The need for companionship during this more isolating season makes singles want to form relationships more than any other time of year. Dating.com has observed more long-distance or online-only connections developing during this season, where couples may meet and build/maintain emotional connections through virtual reality chats and video calls." Sabrina Bendory, Dating & Relationships Expert. 🌟Here´s a review of the top stats on recent dating trends: 89% of singles surveyed in the U.S. claimed to be open to having a partner during these upcoming colder months, with 34% being open to their short-term fling turning into a longer-term virtual relationship. 32% of respondents were open to having an online-only relationship with 57% claiming the top reason is for companionship. Digital daters are planning to stay signed on. 83% of respondents have had a virtual relationship with someone in a different state; with 40% of daters believing that long-distance virtual relationships = less stress and fewer strings attached. "A low-pressure approach to dating is in," said Bendory. 89% of singles surveyed in the U.S. claimed to be open to having a partner during these upcoming colder months, with 34% being open to their short-term fling turning into a longer-term virtual relationship. 89% 34% 32% of respondents were open to having an online-only relationship with 57% claiming the top reason is for companionship. Digital daters are planning to stay signed on. 32% 57% 83% of respondents have had a virtual relationship with someone in a different state; with 40% of daters believing that long-distance virtual relationships = less stress and fewer strings attached. "A low-pressure approach to dating is in," said Bendory. 83% 40% The standout stats for what makes an ideal partner during this time were: 71% of respondents want someone relaxed and to go with the flow. While a whopping 85% want someone who they share similar interests with and do similar activities. 71% of respondents want someone relaxed and to go with the flow. 71% of respondents want someone relaxed and to go with the flow. 71% While a whopping 85% want someone who they share similar interests with and do similar activities. While a whopping 85% want someone who they share similar interests with and do similar activities. 85% 💖 Another popular SDG comms platform, DateMyAge , which caters to the 40+ age group, brings those ready for mature dating together. Easily meet and connect with like-minded people over 40 from around the world in your second act. DateMyAge Stay up to date on the latest online dating trends and find your next match for cuffing season at Dating.com or DateMyAge today. dating trends

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