OTTAWA, ON, July 21. 2021 / CNW / – Young Canadians are concerned about their future, which is why they are leading the charge to create a healthier planet, with cleaner air, cleaner water and good jobs now and for generations to come. come.

Today, the Honorable Jonathan Wilkinson, Minister of Environment and Climate Change, established from Canada first Youth Council on Environment and Climate Change and launched applications for young people.

The Youth Council will create significant opportunities for dialogue between young Canadians and the federal government on the main challenges of our time: fighting climate change, stemming the rapid loss of biodiversity and better protecting our natural environment. In particular, the inaugural members will commit to from Canada top priorities, including achieving zero net emissions by 2050 and zero plastic waste by 2030. Youth Council members will share ideas, voice concerns and help shape from Canada environmental policy, while gaining invaluable skills and experience to start or advance their careers.

The Youth Council will be made up of ten Canadians between the ages of eighteen and twenty-five. Interested Canadians are encouraged to apply before August 18, 2021at 11:59 p.m. PDT, via the link below.

Quote

“When it comes to the main challenges of our time – climate change, loss of biodiversity and plastic pollution – young people are calling on their governments to rise to the challenge. New Youth Council on Environment and Climate Change will provide great opportunity for young people Canadians must have a say in the development of key environmental policies and plans that will shape their future. I encourage all interested young people to apply and look forward to collaborating with the Youth Council.
– The Honorable Jonathan Wilkinson, Minister of Environment and Climate Change

Fast facts

• Members of the Youth Council will serve a two-year volunteer term and will meet every four months. Members can expect to devote approximately five hours per month to Council-related activities.

• The composition of the Youth Council will aim to reflect the Canadian population in terms of regional representation; gender identity; linguistic, ethnic and cultural diversity; and life experiences.

• All applicants must identify an organization linked to Environment and Climate Change Canada’s (ECCC) mandate and / or youth engagement that is willing to support their application by nominating them. An organization is defined as:

• In 2019, the government of Canada announced its very first youth policy — created for youth, by youth — to help young adults better direct government priorities and actions. This policy aims to raise awareness of the various concerns of young people and ensure that more young people have the chance to participate in federal decision-making. It also respects from Canada different cultures, traditions and values, as well as its diverse indigenous youth voices.

• Today, Minister Wilkinson also announced the creation of 1,297 jobs for youth in the environment and clean technology sectors through the Horizons Science Youth Internship Program.

Related links

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Environment and Climate Change Canada Twitter page
Environment and Climate Change Canada Facebook page

SOURCE Environment and Climate Change Canada

Show original content: http://www.newswire.ca/en/releases/archive/July2021/21/c7931.html

With the launch of a digital portal in four markets, Citi Commercial Bank (CCB) opened more than 750 digital accounts for new customers

Via Gateway and CitiDirect BE® Digital Onboarding – Citi’s digital account opening solution for existing customers – CCB accounts can be opened in just three days

SINGAPORE, July 21, 2021 / PRNewswire / – Citi Commercial Bank (CCB), the Citi business that serves emerging corporate clients with revenues of up to US $ 1 billion annually, introduced digital account opening for new customers in Australia, Hong Kong, India and Singapore. Through its new Commercial Bank Gateway, CCB has opened more than 750 digital accounts for new banking customers in these markets.

The Gateway launch complements the bank’s CitiDirect BE® digital integration solution, which supports digital account opening for existing customers and is available to customers in 10 markets in the region. Thanks to Gateway and CitiDirect BE® digital integration, nearly 70% of total CCB account opening volumes in Asia Pacific are now reached through digital channels. Accounts can be opened digitally in just three days.

For new customers, the Web Gateway portal replaces paper documentation, eliminates the need for repetitive data entry, and enables new customers to digitally fulfill their Know Your Customer (KYC) requirements. Electronic signatures are also used to facilitate the execution of documents digitally. In addition to digital account opening, Gateway will be further developed to support lending and portfolio management services.

Customers will be able to initiate loan applications and complete credit application forms through the portal, which will also allow real-time status update throughout the loan execution process. Supporting client operations, the portal will also serve as a platform through which clients can upload and provide information to Citi and periodically review their existing positions with the bank.

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Ankit Parasher, Director of SALT, a Citi client and provider of cross-border commerce banking and payment solutions, said, “The onboarding process using Gateway was intuitive and remarkably straightforward. Being able to easily download the contract documents and then download the signed documents was a game-changer. As we continue to partner with Citi for our banking needs, this will make it much easier for us to manage accounts in multiple countries. “

“Having a strong digital-focused strategy is the only way to serve our customers with agility and speed in the face of the ongoing pandemic. With the launch of Gateway, customers can now be onboarded anytime, anywhere, at their convenience, making it possible to seamlessly meet their operational needs in this rapidly changing environment. Going forward, Citi Commercial Bank is committed to continuing to invest in digital solutions and capabilities to enhance our customers’ end-to-end experience, ”said Lin Hsiu-Yi, ASEAN chief of Citi Commercial Bank.

Last year, the CCB piloted an AI-based credit underwriting tool, the AI. Sight, to support the credit and review processes. The tool, which shortened the CWB’s credit review and approval process, allows the company to prioritize while streamlining due diligence efforts while mitigating new credit portfolio risks that have emerged. of the pandemic.

Using optical character recognition (OCR) and machine learning models, the tool automatically scans credit documents, including bank statements, and is able to report irregularities and abnormal loan usage. . Based on the data, it can identify trends and calculate relevant metrics needed to make credit approval decisions.

Since it was first flown in Hong Kong, IA. Sight was launched in India and with plans for Continent China following.

Citi Commercial Bank Asia Pacific operates in 11 markets in Asia Pacific and contributes about a third of the bank’s global commercial banking income. In the first quarter of the year, the business recorded double-digit year-on-year revenue growth, driven by continued customer activity.

About Citi
Citi, the world’s largest bank, has approximately 200 million accounts receivable and operates in more than 160 countries and jurisdictions. Citi provides consumers, businesses, governments and institutions with a wide range of financial products and services, including consumer banking and credit, business and investment banking, securities brokerage, wealth management and transaction services.

Additional information can be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.

SOURCE Citi

Lok Sabha, the lower house of India’s bicameral parliament, was due to consider legislation on Tuesday July 20 that would allow more non-bank financial corporations (NBFCs) to participate in factoring, Express Financial reported.

Instead of allowing only certain NBFCs to participate in factoring, the new legislation aims to allow each NBFC to participate in this activity.

Such action could improve the cash flow of micro, small and medium enterprises (MSMEs), which have been affected by the pandemic.

Finance Minister Nirmala Sitharaman introduced the Factoring Regulation (Amendment) Bill 2020 in the Lok Sabha in September 2020. After that date, the President of Lok Sabha forwarded the bill to the Standing Parliamentary Committee for him to examine.

As the Financial Express reports, the factoring market in India accounts for only 0.2% of India’s gross domestic product (GDP), even with an expansion in recent years.

As PYMNTS previously reported, trade finance has slowly built up a complex reputation in recent years as financial technology and advancements in alternative lending have made different methods of business-to-business (B2B) transaction finance accessible to a wider audience. large number of companies.

Some methods, such as factoring, involve a seller, waiting for payments, selling an invoice to a financier for less than its full value. Different methods, such as supply chain financing, involve the business buyer starting the invoice financing workflow for the supplier.

In either case, the goal is to provide a win-win situation for both the B2B buyer and the seller, allowing vendors to get funds faster on unpaid invoices while still allowing time for business. buyer to settle the invoice.

However, some critics of these financing channels argue that they promote the practice of deliberately withholding payment from small suppliers and forcing those companies to accept discounts on the full amount of an invoice.

For opponents, trade finance can simply serve as a band-aid, not a permanent solution, to the problem of B2B payments that don’t arrive on time.

(Reuters) – Here’s a weird little civil procedure conundrum: What does a former Girardi Keese lawyer accused of embezzling clients’ money have in common with Ford Motor Company?

Answer: Both have tried to beat the cases against them by challenging the specific personal jurisdiction of a tribunal – and both have failed.

You probably remember Ford’s failed attempt at the start of the year to persuade the United States Supreme Court to impose a severe test to determine where plaintiffs can bring their lawsuits against the corporate defendants.

Ford was challenging Montana and Minnesota state supreme court rulings that allowed accident victims to sue for product liability – even though Ford did not manufacture or sell the used vehicles involved in the incidents. accidents within state borders – because the company has submitted to the jurisdiction of the courts by conducting extensive cases in their states.

Ford urged the judges to require a causal link between the activities of a company and the alleged injuries of the plaintiff. But in a ruling in March, the Supreme Court refused to adopt Ford’s proposed causation test, instead confirming that a court can exercise specific personal jurisdiction over a defendant as long as the plaintiff’s claims are related to the conduct. of the defendant in the State.

Last December, while the Ford case was before the judges, Chicago law firm Edelson launched charges that have since turned into an epic law firm scandal. Edelson filed a lawsuit, alleging that famous plaintiffs lawyer Tom Girardi and his law firm Girardi Keese embezzled money that belonged to clients who settled claims arising from the 2018 Boeing 737 MAX crash piloted by Lion Air.

Edelson, who was Girardi’s co-counsel in the Lion Air business in Chicago, sought to establish a trust for Girardi’s former Lion Air customers and, once those customers received the proceeds of the settlement, to recover the fees. of co-advice that Girardi owed to Edelson.

After Edelson’s allegations, Girardi and his company were forced into bankruptcy. Bankruptcy trustees are now investigating the alleged transfer of millions of dollars from the company to Girardi’s ex-wife, reality TV star Erika Jayne Girardi.

Edelson’s claims against Girardi and his company have been suspended due to the ongoing bankruptcy. But Edelson’s complaint also named two other attorneys who had worked at Girardi Keese, David Lira and Keith Griffin, whom Edelson accused of complicity in the alleged scheme to embezzle client funds.

Lawyers for Griffin and Lira vehemently deny that their clients have misappropriated their clients’ money. Lira’s attorney, Edith Matthai of Robie & Matthai, told me that Edelson’s complaint was riddled with factual errors. Griffin’s attorney, Rosen Saba’s Ryan Saba, said via email that Griffin was an employee of Girardi Keese with no control over the company’s finances. “Mr. Griffin is devastated and is also angry that customers haven’t been paid their settlement money,” the email said. Griffin has spent months and months trying to get Mr. Girardi to keep his promises and obligations.

Lira and Griffin both asked last winter to dismiss Edelson’s claims. Lira mainly argued that due to Girardi Keese’s bankruptcy, the case should be stayed or taken to bankruptcy court. Griffin argued that the Illinois courts did not have jurisdiction over him. (You knew this was going to happen, right?)

Griffin, a California resident, argued he had no business connection with Illinois. Edelson alleged that Griffin signed one of the contracts establishing the co-counsel agreement between Edelson and Girardi Keese, that Griffin was granted pro hac vice admission to appear in the Lion Air cases, and that Griffin contacted the attorneys from Edelson, Illinois.

Griffin countered that in all of these capacities he was simply acting as an employee of Girardi Keese, and not as an individual using Illinois laws and protections. Further, he said, Edelson’s allegations of wrongdoing all stem from actions in California, not Illinois.

The Supreme Court had not rendered its ruling in Ford when Griffin requested that the lawsuit against Edelson be dismissed. But Edelson’s April 27 opposition to motions to dismiss the defendants cited the decision liberally. Ford’s opinion, Edelson said, clarified that plaintiffs are not required to allege that their injuries were due to a defendant’s conduct in a particular forum in order to establish the jurisdiction of that forum. “Accordingly, the specific personal jurisdiction investigation here cannot be limited to the narrow set of actions that could have caused Edelson’s injury,” Edelson’s brief said.

Griffin’s response brief insisted that the Ford Supreme Court decision does not apply to his case, which involves an individual who did not have significant contact with Illinois rather than a company doing important cases in the states where she was prosecuted.

But in a notice issued Monday denying Griffin’s motion to dismiss, Chicago’s U.S. District Judge Matthew Kennelly said Ford was on the verge. “Griffin argues that all of the alleged wrongdoing which led to this lawsuit took place in California and therefore the court cannot exercise jurisdiction over him,” Kennelly wrote. “This argument is similar to that advanced by the petitioner in Ford Motor. The Supreme Court rejected it, and so did this court.

Griffin, the judge said, is said to have come to Illinois and appeared in Illinois courts in the Lion Air litigation, which is at the heart of Edelson’s claims. In the Supreme Court’s reasoning in Ford, Kennelly said, “Griffin’s contacts with Illinois are undoubtedly related to Edelson’s claims,” ​​giving him jurisdiction to hear the case.

Admittedly, Monday’s decision was not a complete victory for Edelson, who did not respond to my email request. Kennelly concluded that Edelson did not have constitutional standing to apply for a constructive trust on behalf of former Lion Air customers who are no longer represented by Edelson or Girardi. The judge said Edelson had standing to sue a trust to recover his unpaid attorney fees, but stayed that claim because it relates to Girardi’s bankruptcies.

Griffin’s attorney, Saba, said he would “vigorously” defend any attempt by Edelson to hold his client personally responsible for the unpaid charges in the Lion case.

Read more:

Erika Jayne Girardi changes lawyer as Dinsmore leaves case again

Tom Girardi and reality TV star’s wife sued for alleged theft of Lion Air settlement funds

Supreme Court rejects Ford’s offer for new limits to specific jurisdiction

Our Standards: Thomson Reuters Trust Principles.

A second administration official told CNN: “If the vaccines are 90-95% effective, you are going to have 5-10% of the vaccinated population who test positive but are asymptomatic or have mild symptoms. you will not have members of the vaccinated population going to hospital with serious illness or dying. “

Pelosi’s deputy chief of staff Drew Hammill said in a statement to CNN that the speaker had not had contact with the person in her office who had tested positive since the exposure, which Hammill said , occurred after contact with Texas Democrats last week.

“Yesterday, a fully vaccinated senior spokesperson for the President’s press office tested positive for COVID after contact with members of the Texas state legislature last week,” Hammill said. “This person has had no contact with the president since the exposure. The entire press office is working remotely today, except for people who have not had any exposure to the person or who have had a recent negative test. Our office will continue to follow the guidelines of the Attending Physician’s Office closely. “

“There have been. I will say that we, under an agreement we made during the transition to be transparent and make information available, we have committed to proactively release information if it is about commissioned officers, ”Psaki said when asked if there had been other cases of breakthroughs among White House staff.

Psaki then clarified that the White House official who tested positive was not a commissioned officer, but declined to say which office the official worked in, citing confidentiality concerns. None of the other positive cases were commissioned officers either, she said, explaining that the White House would have proactively released this information.

Six Texas lawmakers have tested positive for Covid-19 since Friday evening. Lawmakers are part of the group that left Texas, flying from Austin to Washington to break the State House quorum and prevent Republicans from passing restrictive new voting law. Group officials told CNN that all lawmakers participating in the quorum-breaking trip are fully vaccinated, including those who tested positive for Covid-19.

This story was updated with additional developments on Tuesday.

New Cloud Payment Gateway Delivers High Performance Digital Commerce Solution for Banks, Software Platforms and Omnichannel Merchants

SCOTTSDALE, Arizona., July 20, 2021 / CNW / – Exact Payments (“Exact” or the “Company”) has announced the launch of its next-generation payment gateway, now fully deployed in the Amazon Web Services Cloud (“AWS Cloud”). The new platform represents a complete technological upgrade and positions the company to set a new standard of performance in the industry.

Exact’s new payment gateway is designed from the ground up to deliver the highest level of reliability, scalability and transaction response times. Leveraging the power of AWS cloud infrastructure, Exact is now able to offer an industry-leading 99.99% service level guarantee.

New Exact Payments Gateway offers a full suite of advanced features for digital commerce, including: Apple Pay^MT, Google Pay^MT, Pay Pal^MT, EMV^® 3-D Secure, recurring billing, level 2 and 3 tokenization and processing. Included in this launch, the company also released its modern REST API suite and an open developer portal.

“This launch represents the culmination of an exceptional effort by the entire Exact team. We fundamentally believe that nothing is more important to our customers than performance and reliability. With this new payment platform, we have just raised the bar to a whole new level. announced the CEO of Exact, Phil Levy.

The new Exact website (www.exactpay.com) was also released today. The site showcases the company’s new brand and features new payments industry content and expert resources for banks, software platforms and omnichannel merchants.

“Today is an exciting milestone as we announce the new Exact Payments. Our team is committed to building a brand that represents customer focus, innovation and performance,” added Levy. “With each new feature release and technology upgrade, we will continue to meet these standards and earn the trust of our customers and partners. “

About exact payments

Exact Payments is a leading provider of high performance payment solutions for banking partners, software platforms and omnichannel merchants. The company’s cloud technology is designed to be scalable and offers modern REST APIs, PCI-compliant hosted payment pages, and an intuitive virtual terminal / management portal. Exact is integrated with major processors in the United States and Canada including Fiserv / First Data, Elavon, Global Payments / TSYS, Hunting in Canada and Moneris.

Learn more about www.exactpay.com.

Media contact
Sherrie bryant
Marketing director
Accurate Payments, LLC
4250 N. Drinkwater, suite 300
Scottsdale, Arizona 85251
(702) 401-5681 [email protected]

View original content to download multimedia: https://www.prnewswire.com/news-releases/exact-payments-announces-launch-of-new-payments-platform-301337582.html

SOURCE Accurate payments

Ethernet Alliance brings together member companies from an increasingly diverse range of industries to advance the adoption and use of Ethernet technologies in all markets

BEAVERTON, Oregon, July 20, 2021– (COMMERCIAL THREAD)–The Ethernet Alliance, a global consortium dedicated to the continued success and advancement of Ethernet technologies, today announced its leaders and board for 2021, following their election at the organization’s annual membership meeting in June.

Officers and Board of Directors:

• Peter Jones of Cisco Systems, Inc., Chairman and Board of Directors of the Ethernet Alliance

• Chris Lyon d’Amphenol, Chairman and Board of Directors

• Jeffery Maki of Juniper Networks, Inc., Treasurer and Board of Directors

• Carl Wilson of Intel, Secretary and Board of Directors

• Craig Carlson de Marvell, Board of Directors

• Dave Estes de Spirent, board of directors

• Broadcom’s Kishore Racherla, Board of Directors

• Mark Nowell of Cisco Systems, Chairman of the Board

Committee chairmen:

• George Zimmerman of CME Consulting, Technical President

• David Tremblay of Aruba by Hewlett Packard Enterprise, President of Power over Ethernet (PoE) certification

• Orshi Abraham de Spirent, Marketing Chair

• David J. Rodgers of Teledyne LeCroy, President of Events and Conferences

As the first independent organization championing the benefits of IEEE 802^® Ethernet Standards, the Ethernet Alliance strives to inform and promote the unmatched value of Ethernet, while constantly reinforcing the core value of multi-vendor interoperability technology. Members of the Ethernet Alliance work together to bring Ethernet standards to market, supporting and launching initiatives ranging from incubating new technologies to facilitating testing and ensuring interoperability, organizing technology demonstrations and providing thought leadership.

“The rapidly increasing demand for bandwidth and the emergence of new applications are pushing Ethernet technology innovation faster than ever before,” said Peter Jones. “The Ethernet Alliance serves as a global open forum for the open exchange of ideas and dialogue, a platform for consensus building and the world’s premier repository for all things Ethernet. end users. “

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For more information on the Ethernet Alliance, please visit http://www.ethernetalliance.org, to pursue @EthernetAllianc on Twitter, visit his Facebook page, or follow his LinkedIn company page.

About the Ethernet Alliance

The Ethernet Alliance is a global consortium that includes system and component suppliers, industry experts, and academic and government professionals committed to the continued success and expansion of Ethernet technology. The Ethernet Alliance brings Ethernet standards to market by supporting activities ranging from the incubation of new Ethernet technologies to interoperability demonstrations and training. The organization’s plans for 2021 can be found on the Events page of its website.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210720005824/en/

Contacts

Media contact:
Melissa Power
Interprose Public Relations for Ethernet Alliance
Phone. : 401-454-1314
E: [email protected]

Advantage Group International, a global advisor for CPGs and business-to-business engagement in the grocery industry, has appointed Stephanie Peisert as Senior Director, US Client Service. Peisert joins the Toronto-based organization to support GPC’s U.S. supplier and grocery retailers who are leveraging the insight of the Advantage report to increase understanding and facilitate better relationships with their partners.

Peisert recently oversaw the children’s meals category as a merchant at Walmart and previously spent 13 years at Aldi in several purchasing and district management roles. An expert negotiator, she brings to her last role more than 10 years of experience in building lasting relationships and leading teams through her extensive knowledge of the food and non-food CPG categories.

“Stephanie’s years of experience leading and managing top retailers will add a valuable dimension to Advantage Group and our supplier and retail customers,” said Richard Cunningham, Managing Director SVP USA at Advantage Group International. “She will bring a strong service-oriented approach to her role, adding to the team’s strengths by being adaptive and versatile, which is necessary to deal with the ongoing and pervasive disruption within the industry.”

In his new role, Peisert will focus on building partnerships with national suppliers and retailers as Advantage Group continues to expand its custom search solutions.

Walmart, based in Bentonville, Ark., Operates more than 11,300 stores under 48 banners in 24 countries and e-commerce websites, employing more than 2.2 million associates worldwide. Walmart US is # 1 on the PG 100, Progressive Grocer’s 2021 list of the best food and consumables retailers in North America, while Walmart-owned Sam’s Club ranks 9th on the list. Operating stores in 37 states, Aldi US, based in Batavia, Ill., Is # 24 on the PG 100.

LEOMINSTER – Fidelity Bank officially announced on Monday its Strategic Innovation and Optimization Lab, an in-house advisory team to help the bank better serve its clients through technology enhancements, process improvements, project management and l ‘data analysis to better understand and anticipate customer needs, according to a press release from the bank.

“We are making great improvements by working with our colleagues who know the bank inside out,” said Sheila Julien, director of the Strategic Innovation and Optimization Lab. “The laboratory brings expertise in certain sophisticated technologies as well as in the systematic improvement of processes and project management. Together, we are reinventing and reinventing our business processes.

“The list of tools we can deploy to improve processes includes data collection and workflow, Microsoft, Excel, PowerQuery and macros, and Robotics Process Automation (RPA), which leverages trained robots to automate tasks. routine via a user-friendly interface, ”Julien mentioned.

Three staff members are certified RPA experts and have deployed nearly a dozen bots in the past year. These include performing complex tasks and large-scale repetitive tasks on a daily basis for major projects, such as system conversions, according to the bank.

“We can manage projects of great complexity to help navigate the technology race that many industries face,” said Jim Notaro, vice president and director of the Innovation and Strategic Optimization Lab. “But you’d be surprised at the value we’ve created with the tools most businesses already have today. “

For example, Notaro has developed an internal document portal for easy storage and retrieval of imaged documents.

“For years, we physically moved our documents from one location to another by mail or email, and then filed the documents into a series of cabinets, which turned out to be very cumbersome and inefficient.” , Julien said. “By using the document portal developed by Jim, we ensure that everyone has secure and easy access from their desks to the information they need to do their jobs more efficiently. “

Additionally, the team used available technology to automate ATM balancing.

“Previously, the process of balancing our ATM fleet took almost 90 minutes every day,” said Julien. “By studying the process and listening to colleagues describe their experiences in this task, we were able to import the data and write the complex formulas to automatically process most of the data. Now it can be done in less than 10 minutes every day.

The laboratory also supports industries with complex data analysis requests. To add new advanced skills to the lab, two team members are pursuing advanced training in machine learning and artificial intelligence applications, according to the bank.

“Whether it’s analyzing data, innovating on processes or managing a project for our internal clients, the lab follows the same CARE process that our bankers use to help all of our clients: we collect information. on their objectives and their situation, analyze the information, recommend an approach and execute, all done with care, ”said Julien.

Fidelty Bank has consistently received a “5 star” rating from BauerFinancial Inc., the country’s leading independent banking research and rating company. In 2020, Fidelity Bank was voted Worcester Telegram & Gazette Best Financial Services in Central Massachusetts and was named for the sixth time on the Boston Globe’s list of the best places to work. For more information visit fidelitybankonline.com or facebook.com/fidelitybankma.