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Silicon Valley Stars to Headline WomenCorporateDirectors Summit in May

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“Harnessing the Transformative Power of Technology” – Theme of WCD Global Institute May 19-22, 2019, at Hewlett Packard Enterprise Headquarters

Top Silicon Valley CEOs are on the agenda to share insights on what’s ahead in innovation and investment at the WomenCorporateDirectors (WCD) Global Institute this May. Hewlett Packard Enterprise (HPE) President and CEO Antonio Neri, CEO and co-founder of 23andMe Anne Wojcicki, founding partner and co-CEO of private equity giant TPG Jim Coulter, and other leaders will be headlining WCD’s May 19-22 summit of 250 women directors, board chairs, and CEOs from top companies around the world. The Institute is being held at the HPE headquarters in San Jose.

WCD has 2,400 members in 80 chapters, making it the largest organization of women board members globally. With a focus on technology and innovation, the Global Institute will explore how boards can manage the impact of emerging technologies – where many governance best practices are still being written.

“Best practice can be a moving target when it comes to new products and services that break all the traditional rules around privacy and security, and have complicated jurisdictional and infrastructure requirements on top of that,” says Susan C. Keating, CEO of WCD. “Our Institute gives directors an early look at what innovations lie ahead and how they can start to frame guidance around the highly charged issues that frequently come with brand-new technology and applications.”

Top CEOs, investors, and innovators on agenda

Kicking off the Global Institute at HPE’s soon-to-open headquarters, Antonio Neri will deliver the opening keynote. A 23-year veteran of HPE and the Hewlett-Packard Company, Neri is also a director at Anthem, Inc. Anne Wojcicki, co-founder of the direct-to-consumer personal genetics testing company 23andMe, will be interviewed on day two of the Institute; Wojcicki is a co-founder of the Breakthrough Prize, which recognizes outstanding contributions in life sciences, fundamental physics, and mathematics.

WCD will also feature a conversation with Jim Coulter, one of the most influential investors in Silicon Valley. With more than $103 billion assets under management, his firm TPG has been one of the leading equity investors in technology, internet, digital, and consumer-digital ventures such as Airbnb. Coulter is a director at J. Crew Group, Philz Coffee, and Rodan + Fields LLC.

Other directors and executives of companies in the tech space on the agenda include:

  • Maggie Wilderotter, Director, Ardent Health Services, Cadence Design Systems, Costco Wholesale Corporation, DocuSign, Hewlett Packard Enterprise, Lyft, and Tanium; WCD Member
  • Liz Centoni, SVP and GM, Internet of Things, Cisco
  • Nikhil Goel, Head of Product for Aviation, Uber
  • Julie Maples, Co-founder and General Partner, FYRFLY Ventures
  • Cheemin Bo-Linn, CEO and President of Peritus Partners Inc.; Director, Sphere3d and Snomed International; WCD Chapter Chair
  • Kenny Vassigh, Chief Systems Architect, NASA Ames Research Center, Technology and Product Development Advisor and Mentor,Bay Angels
  • Nelda Connors, Director, Delphi Technologies, Enersys, Echo Global Logistics, and Boston Scientific Corp; WCD Member

More topics are being added to the WCD Global Institute agenda weekly and will be announced as they are added. The Institute’s social media hashtag, #WCDSiliconValley, can be followed for updates on speakers, panels, special events, and more. The Institute is open only to WCD members and invited guests. The Visionary Awards Dinner, on the evening of May 20 at the Santa Clara Marriott, will recognize the 2019 WCD Visionary Award winners BMO Financial Group, Singtel, Hallmark Cards, and Penn Mutual Chairman and CEO Eileen McDonnell.

 

SOURCE: WomenCorporateDirectors Education and Development Foundation, Inc.

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Credorax Partners With Cisco to Boost Payments Gateway to the Next Level

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Today, Credorax announced that it has partnered with Cisco to upgrade its data-center network’s capabilities, capacity and latency. The agreement enables Credorax to adopt Cisco’s advanced data-center networking technology, including an automation, visibility and management system. Credorax has also agreed to beta-test Cisco’s advanced and future monitoring and management products.

Credorax’s system is already considered one of the fastest in the world with its cutting-edge high throughput, low latency, and multi-continent redundancy, and Cisco’s technology will allow Credorax to push the envelope even further in terms of decreasing transaction latency and increasing throughput. Cisco’s software solution for centralized management and monitoring of network components will play a significant role in Credorax’s solutions, simplify their roll-out of new products and reduce ongoing cost of ownership.

As a licensed merchant acquiring bank, Credorax helps merchants accept payments easily with its recently launched Source gateway. The platform offers telecom-grade (99.999%) availability for processing payments as well as a host of payments products and services, including cards and alternative payment methods, hosted payment pages, advanced KYC screening, smart fraud solutions, and sophisticated business intelligence and data tools.

Cisco is at the forefront in building the network platform that can now deliver a connected, autonomous, and programmable digital platform for Credorax customers.

Cisco-Israel General Manager, Oren Sagi said about the collaboration: “Cisco is committed to do its utmost to provide its customers with the most innovative technologies while maintaining uncompromising quality. We are excited to collaborate with Credorax and help them develop the fastest and most reliable payments gateway possible. I am confident that this project is the first milestone for a successful cooperation between the two companies.”

Moshe Selfin, Credorax CTO & COO stated: “We’re thrilled join forces with Cisco. We have always strived to provide best-class service to our customers, and are confident that by incorporating Cisco’s network platform for data capacity and processing speed into our NextGen payments and acquiring platform, we are offering our merchants the best technology on the market.”

In an era of demanding customers and changing expectations, e-commerce merchants simply can’t survive without the best-in-class cross-border payments processing capabilities. Being both a technology company and an acquiring bank, Credorax has built a full suite of NextGen products and services to help merchants grow their business online. And now with Cisco’s support, Credorax has augmented its offering even further.

 

SOURCE Credorax

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MetricStream Wins “GRC Product of the Year” at the 2019 Risk Technology Awards Hosted by Risk.net

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MetricStream, a market leader in governance, risk, and compliance (GRC) apps and solutions, announced today that its Enterprise GRC Solution has been awarded the “GRC product of the year” at the 2019 Risk Technology Awards, hosted by Risk.net.

“We’re honored to win this award,” said Gaurav Kapoor, Chief Operating Officer, MetricStream. “We believe that it validates the strength, breadth, and depth of our GRC/IRM offerings, as well as our focus on continuous innovation—reflected most prominently in our GRC cloud, advances in predictive analytics, automation, and AI. Our mission is to enable organizations to ‘Perform with Integrity™’. To that end, we’re deeply committed to forging long-term partnerships with our customers and supporting them throughout their integrated GRC journeys.”

The annual Risk.net awards recognize the need for innovative technology solutions to manage risk in a highly dynamic and complex business environment. The average financial services firm faces a plethora of risks, ranging from cyber threats and regulatory pressures, to fintech related disruptions and money laundering issues. As these risks grow more interconnected, siloed approaches to GRC are rapidly giving way to more integrated solutions.

The MetricStream Enterprise GRC platform provides a single, unified system to manage, coordinate, and track multiple types of GRC activities. The solution cuts across organizational silos, enabling a holistic and collaborative approach to GRC. Users can efficiently roll up operational risk, audit, compliance, Cyber and third-party risk information from across the enterprise, and transform it into actionable business intelligence to support decision-making. With support for mobility, real-time reporting, advanced risk analytics, and regulatory notifications, the MetricStream solution helps users manage complex risk requirements in an efficient manner.

Top industry analysts have consistently recognized MetricStream as a leader in GRC/IRM. The company’s wide range of solutions and underlying GRC platform are leveraged by leading financial services firms worldwide, including large global banks, mid-sized banks, private equity investors, investment banks, wealth managers, insurance firms, asset management companies, federal financial agencies, and clearing corporations.

 

SOURCE MetricStream

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MPOWER Financing rated Top international student lender by Nerdwallet and U.S. News

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MPOWER Financing, a mission-driven fintech that provides financial access to higher education for high-promise international and DACA students, was recognized by both Nerdwallet and U.S. News & World Report as the top student loan provider for international students.

Nerdwallet, a comparison website for personal finance products, awarded MPOWER a 5-star rating for its student loans, indicating that its products are “among the very best for consumer-friendly features.” Nerdwallet also commended MPOWER for offering loans that are “ideal for international and DACA students without a co-signer or U.S. credit history.” MPOWER’s loans are available to students from around the world for both graduate and undergraduate degrees at more than 350 top universities in the U.S.and Canada.

U.S. News & World Report recognized MPOWER Financing as the “best lender for international students.” This determination was made on the basis of MPOWER’s product offerings, cost, customer servicing ratings, eligibility, and other features. U.S. News also detailed that MPOWER’s underwriting process considers a student’s academic success and career path – a process that is enabled by MPOWER’s use of big data analytics and artificial intelligence.

“I was having a tough time obtaining education loans from India without collateral,” wrote Kaushik Krishnan, one of MPOWER’s early students. “MPOWER was truly life changing for me. I’ve since graduated from my Masters program, found a job, and paid off my loan.”

“MPOWER allowed me to achieve my dream,” said Sol Bee, a South Korean student. “I was admitted to Berkeley in Fall 2016, but I couldn’t afford it at the time. MPOWER empowered me to be who I wanted to be by allowing me to take control of my finances and my life.”

“We’re honored by the industry recognition we’ve received, and the hundreds of heartfelt stories we get from students whom we have the privilege to serve,” says Manu Smadja, Co-founder and CEO of MPOWER. “We’re working hard to further improve our customer experience and to remain the best international student lending product on the market.”

MPOWER Financing, headquartered in Washington, D.C., and with offices in Bengaluru, New York City, and Toronto, is a mission-driven fintech company and provider of global educational loans. It is the only student lender in the world that leverages both overseas and domestic credit data, as well as future earning potential, to serve high-promise international and DACA students. MPOWER Financing works with over 350 top universities and colleges across the U.S. and Canada to provide financing to students from over 200 countries. Since 2014, it has received over $1B in loan application volume on its platform. MPOWER Financing helps students build their credit histories and provides them with personal finance education and career support to help prepare for life after school. The team is backed by Zephyr Management, Goal Structured Solutions, Gray Matters Capital, Lloyd Crescendo Advisors, 1776, Village Capital, Potentia, Breega, VARIV, DreamIt, Fresco, Chilango, Common Sense Fund, K Street, and University Ventures.

 

SOURCE MPOWER Financing

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