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SAIC Announces Government Risk Reduction Effort Offering for No-Fail Mission Environments with ServiceNow
GlobeNewswire News Room· 2025-07-07 12:30
RESTON, Va., July 07, 2025 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC) announced a strategic collaboration with ServiceNow for a new government risk reduction effort (RRE) offering for mission operations. The new offering will integrate into SAIC’s mission labs to help U.S. armed forces, intelligence and civilian agencies shift their IT risk efforts from a reactive function to autonomous resilience and no-fail mission environments. By leveraging the innovation of the ServiceN ...
Deutsche Bank Digital Transformation Strategies and Innovation Programs Profile 2025
GlobeNewswire News Room· 2025-07-07 09:41
Core Insights - The report titled "Enterprise Tech Ecosystem Series - Deutsche Bank AG 2025" provides a comprehensive overview of Deutsche Bank's technology activities, focusing on digital transformation strategies, innovation programs, and technology initiatives [1][4]. Company Overview - Deutsche Bank AG is a provider of investment banking, corporate and retail banking, as well as asset and wealth management solutions, offering a wide range of services including deposit services, card products, loans, and financial advisory [2]. - The bank operates through a vast network that includes branch offices, ATMs, online portals, and relationship managers, serving various client segments such as retail clients, institutional clients, corporates, and high-net-worth individuals across multiple regions including EMEA, Americas, and Asia-Pacific [3]. Technology Activities - The report details Deutsche Bank's digital transformation strategies and innovation programs, highlighting the bank's focus on technology initiatives, partnerships, and product launches [4][6]. - Insights into each technology initiative are provided, covering aspects such as technology themes, objectives, and benefits [6]. - The report also includes information on estimated ICT budgets and major ICT contracts, offering a deeper understanding of Deutsche Bank's tech operations and strategies [6]. Key Topics Covered - Digital Transformation Strategy - Accelerators, Incubators, and Innovation Programs - Technology Focus and Initiatives - Investments and Acquisitions - Partnership, Investments, and Acquisition Network Map - ICT Budget and Key Executives [6].
Global Digital Economy Collaboration Forum Held in Beijing as Part of GDEC 2025
Globenewswire· 2025-07-07 05:47
Group 1 - The Global Digital Economy Collaboration Forum was held in Beijing on July 3, 2025, focusing on international exchange and collaborative project innovation in the digital economy [1][3] - Over 800 representatives from digital economy enterprises, including major companies like IBM and Thales, attended the forum [2] - The forum featured discussions on digital transformation opportunities in emerging markets and practices of Chinese digital enterprises going global [3] Group 2 - A joint signing ceremony for the UNDP Beijing Digital-Friendly and Sustainable Digital Economy Innovation Demonstration Project was conducted with multiple parties involved [4] - The Beijing Innovation Service Hub signed strategic cooperation agreements with 16 leading enterprises, with a total agreement value exceeding 10 billion yuan [5] - The International Alliance for Digital Economy Going Global Services was launched, including 24 domestic and international business associations and Fortune 500 companies [6]
AI双刃剑,会让IT部门重塑价值还是沦为“裁员”重地?
3 6 Ke· 2025-07-07 03:15
随着数字化的持续深入,市场环境的瞬息万变,目前IT部门在企业中的现状呈现出两极分化的趋势:一方面,数字化转型加速推进,有的企业IT部门的战 略地位得到提升;另一方面,AI和自动化等新技术的广泛应用导致部分企业的IT岗位被裁撤,IT部门甚至面临重组和优化。 正因如此,IT部门在企业中常被视为"配角",一旦企业陷入困境,其成员往往首当其冲面临裁员。优先减员其部门的原因,可能有以下几点: 首先不得不承认的是裁员IT部门,尤其是外包或初级岗位,能迅速在财务报表上看到成本下降,成本易量化且"见效快"。 其次从业务视角来看,管理层可能存在这样的认知:裁撤IT部门人员对于业务的影响是间接的,削减IT人员不会立即影响销售或者产品开发。 另外对于一些传统的IT部门人员来说,技能落后,手动和本地化程度高,逐渐被新技术、自动化所淘汰。外包也在一定程度上替代部分工作,这助推了裁 撤部分IT人员。 据小编了解到,很多IT同仁面临这样的处境:部门间内卷严重,IT预算大幅缩减,职业前景十分迷茫……所以本文我们来聊一聊IT部门为何看似"配角", 且易被裁员? 从企业内部视角来看,IT部门给人的固有印象就是一个"成本中心",尤其是在与业务部门 ...
X @Forbes
Forbes· 2025-07-07 02:30
.@modsiwW, a former electrical engineer, turned into a digital fashionista during the pandemic, posting over-the-top outfits and earning the rep as the best-dressed man on TikTok. #ForbesTopCreators (Photo: Cody Pickens for Forbes) https://t.co/gMpRXJL2aQ https://t.co/90uGms8XrE ...
The Evolving BRICS+ Payments System_ A Primer_ Charting the path to de - dollarize cross - border payments
2025-07-07 00:51
Summary of the BRICS+ Payments System Conference Call Industry Overview - The document discusses the evolving payments system among BRICS+ countries, focusing on the de-dollarization efforts and the development of independent payment infrastructures separate from US and Western systems [2][4][11]. Key Points and Arguments 1. **De-dollarization Debate**: The debate on the US dollar's reserve currency status is intensifying due to geopolitical fragmentation and the use of financial sanctions by the US and its allies [2][4]. 2. **BRICS+ Payment Sovereignty**: BRICS+ countries are pursuing 'payments sovereignty' by developing independent payment infrastructures, which are at various stages of discussion and implementation [4][11]. 3. **Challenges to Alternative Systems**: Geopolitical factors and divergent national objectives among emerging market countries pose significant challenges to establishing an alternative payments system, rather than technical barriers [4][8]. 4. **Multi-CBDC Platform**: The potential for a multi-Central Bank Digital Currency (CBDC) platform is highlighted, with several BRICS+ countries advancing their domestic digital payment infrastructures [4][9]. 5. **Role of Multilateral Institutions**: Institutions like the AIIB and NDB are seen as foundational for an alternative international financial system, although they currently lack sufficient liquidity support mechanisms [4][11]. 6. **SWIFT and CHIPS**: The document emphasizes the importance of SWIFT and CHIPS in the current global payments architecture, with the dollar accounting for nearly half of all SWIFT transactions [27][31]. 7. **BRICS+ Leaders Summit**: The upcoming BRICS+ leaders summit in Rio de Janeiro is expected to focus on trade, investment, and finance, but no major announcements regarding de-dollarization are anticipated [11][50]. Additional Important Content 1. **Historical Context**: BRICS countries have long opposed the existing international financial architecture, advocating for greater representation of emerging economies [6][38]. 2. **Geopolitical Dimensions**: The geopolitical landscape, particularly following Russia's invasion of Ukraine, has intensified discussions around reducing reliance on the dollar [40][41]. 3. **Future Initiatives**: Various proposals for de-dollarization are being discussed, including a BRICS common currency and cross-border payment initiatives, though many remain in the proposal stage [51][54]. 4. **Political Will**: The main hurdle to establishing an alternative payments architecture is political will, as diverging objectives within BRICS+ countries complicate consensus [9][40]. 5. **US Response**: The US has expressed concern over BRICS+ de-dollarization efforts, with former Treasury Secretary Janet Yellen emphasizing the importance of protecting the dollar [47][48]. This summary encapsulates the critical insights from the conference call regarding the BRICS+ payments system and the ongoing efforts towards de-dollarization, highlighting both the challenges and potential pathways forward.
X @Cointelegraph
Cointelegraph· 2025-07-06 20:00
🇨🇦 UPDATE: Bank of Canada explores digital dollar using OpenCBDC 2PC, focusing on privacy, compliance, and decentralization. https://t.co/DJnpKOXAcx ...
X @The Economist
The Economist· 2025-07-06 14:40
Other countries have refused to eliminate their digital-services taxes in the face of Donald Trump’s demands. But the president’s tariffs are already hurting Canadian workers https://t.co/l8gSe7YTVB ...
SoFi Stock Has Big News. Is Now the Time to Buy?
The Motley Fool· 2025-07-06 08:45
Group 1 - SoFi Technologies has seen a significant stock increase following a recent announcement, indicating a favorable time for investment [1] - The company is a rapidly growing digital bank, attracting members with low fees and an innovative financial experience, particularly targeting a young and mobile demographic [2] - SoFi's initial focus was on student loans, and it continues to target educated young professionals, with 90% of deposits coming from direct deposits, ensuring a strong cash flow [4] Group 2 - SoFi is consistently enhancing its service offerings, including access to IPOs and investment opportunities in private funds like SpaceX, as well as a robo-advisor in partnership with BlackRock [5] - The company plans to reintroduce cryptocurrency trading and develop additional crypto-related services, leveraging new regulatory guidelines to enhance its platform [6][7] - SoFi aims to provide global remittances and automate payments through its app, utilizing blockchain technology for cost-effective and efficient transactions [8] Group 3 - SoFi aspires to become a significant player in U.S. banking, targeting a position among the top-10 financial institutions, with a growing loan business supported by lower interest rates [9] - The financial services segment is expanding rapidly, with Q1 2025 adjusted net revenue reaching $771 million, a 33% year-over-year growth, and financial services revenue growing by 101% [10][11] - Despite a forward P/E ratio of 40, the company's high growth rate and potential justify its valuation, making it an attractive long-term investment option [12]
Crypto Regulation and Proliferation in Africa
Bloomberg Television· 2025-07-06 05:00
This month we delve into the world of crypto. Now, when you think cryptocurrency, sub-Saharan Africa doesn't naturally come to mind. The region accounts for the world's smallest share, making up just 2.7% of transactions between July of 2023 and June of 2024.But momentum is growing when it comes to global adoption. Nigeria is second only to India. Ethiopia, Kenya and South Africa are also major players.And while crypto trading is still illegal in most African nations, and trading activities are closely moni ...