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Showing posts with label 2017 at 10:18PM. Show all posts
Showing posts with label 2017 at 10:18PM. Show all posts

Sunday, June 25, 2017

#InternalAudit Daily

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medium.com Sustainability alone is not an adequate goal. The word sustainability itself is inadequate, as it does not tell us what we are actually trying to sustain. In 2005, after spending two years working …

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Saturday, June 3, 2017

A friend told me to get a few outside of what I have (tech) but I know nothing about that world.

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I have a question, which are some of the best performing non-tech stocks?

How can I tell this? (other than performance on the market). I am versed on tech which is why I can get a good sense but I know nothing as detailed of other industries.

Any good rule of thumb to know if the company is considered tech? For example, to my eye, Tesla is tech but it deals in automobiles currently. Southwest Airlines might be travel but they do have an interesting intersection with tech in how they do business so does Victoria’s Secret.

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June 03, 2017 at 10:14PM

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from /u/Proxify

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Monday, May 15, 2017

A United Airlines flight attendant made a mistake that could have posed a huge security threat (UAL)

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united airlines plane

A United Airlines employee posted security codes online over the weekend that are used to access the cockpit, possibly compromising security, according to a report from the Wall Street Journal.

Access codes are a security measure airlines use to request access to the cockpit.

According to the Wall Street Journal, the flight attendant who posted the information online did so by accident.

In a statement to Business Insider, United said that it uses various ways, besides access codes, to ensure security.

“We have learned that some cockpit door access information may have been made public. The safety of our customers and crew is our top priority and United utilizes a number of measures to keep our flight decks secure beyond door access information,” the company said in a statement to Business Insider.

“In the interim, this protocol ensures our cockpits remain secure. We are working to resolve this issue as soon as possible.”

The airline did not state specifically what these other measures are. But according to the Wall Street Journal report, the airline also requires pilots to visually verify someone’s identity before granting access to the cockpit.

According to the report, the company sent out a memo to employees notifying them that this information had been made public and reminding them to take extra steps when granting access to the cockpit. However, no delays have resulted thus far because of the incident, the Journal reported. 

United has been in crisis mode recently. 

The airline came under fire in April following the forcible removal of passenger David Dao, a 69-year-old doctor, from a flight from Chicago to Louisville, Kentucky.

On April 9, Dao was dragged off flight 3411 by Chicago Aviation police officers after refusing to give up his seat on the full plane for airline employees. Other passengers on the place recorded the incident in a video that quickly went viral.

The footage sparked public outrage, not only against United but against the airline industry in general for its practice of overbooking seats and for its treatment of passengers.

As a result, United announced policy changes affecting both customers and employees. Some of the changes the company said it was implementing included more annual training for employees and an overall reduction in overbooking. 

SEE ALSO: United Airlines apologizes after sending woman to San Francisco instead of Paris

Join the conversation about this story »

NOW WATCH: Flight attendants reveal the 5 most annoying things people do on airplanes

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May 15, 2017 at 10:11PM

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from Cadie Thompson

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Vertex Looking Forward To Cystic Fibrosis Phase 2 Readouts This Year

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May 15, 2017 at 10:16PM

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from

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Google just made a big move to take on Apple with one of the most important features in new cars (GOOGL, GOOG)

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Google Volvo operating system

Google has partnered with Volvo to build a next-generation infotainment system into future vehicles as part of a push to corner the rapidly growing connected car market and take on Apple CarPlay.

New Volvo cars released in two years will feature Google’s next-gen system that runs on Android. But unlike Android Auto, the new system won’t require a smartphone to operate. That gives Google access to drivers who might use services like Google Maps in their cars, but don’t own Android devices, ensuring its services and apps are in continual use.

The partnership is also meant to improve the customer experience by better integrating apps and services into cars rather than shoving phone screens into car displays. Drivers will be able to access apps developed by third-part developers, Google, and Volvo. 

“Google’s platform and services will enhance the user experience by enabling more personalization possibilities, while Android will offer increased flexibility from a development perspective,” Henrik Green, Volvo’s senior vice president of research and development, wrote in a press release.

Google will show off live demos of the system at its annual I/O tech show on Wednesday.

Google joins several others in the race to advance the connected car experience, including Blackberry with its QNX Operating System and Apple with CarPlay.

Customers have generally been reluctant to use in-vehicle systems that can be clunky and difficult to use. In fact, more than 50% of car owners never used their infotainment systems after 90 days of purchase, according to a 2016 study led by J.D. Power.

That’s problematic for car companies that are investing heavily in the data-generating entertainment systems. McKinsey & Co. predicts Big Data from cars will become a $750 billion industry by 2030. 

The Android operating system won’t send any data to Google on its own, but drivers that use apps like Google Maps or Spotify can elect to share data to improve services. 

The move will give Google a stronger foothold in the auto tech market and the potential to use data that could be useful for its other platforms.

As Bloomberg points out, it could also set the foundation for Google to introduce its artificial intelligence system Android Auto into vehicles. Apple currently has an edge of Android Auto by integrating Siri into its in-vehicle system.

Meanwhile, for Volvo, the move could help encourage consumer adoption by improving the in-vehicle experience.

SEE ALSO: The CEO of an electric vehicle startup said she’s making the iPhone of cars — here’s her plan

Join the conversation about this story »

NOW WATCH: Waymo is now letting ordinary people sign up to test its self-driving cars in Phoenix

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May 15, 2017 at 10:11PM

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from Danielle Muoio

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Amex buys into voice payments

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Voice Payments Features Used

This story was delivered to BI Intelligence “Payments Briefing” subscribers. To learn more and subscribe, please click here.

American Express will allow Echo device owners to verbally inquire about account balances and pay bills, thanks to an integration with Alexa, Amazon’s virtual assistant, reports VentureBeat.

American Express is the second financial services company to create a “skill” for Amazon’s assistant, following Capital One’s early support in March 2016.

Although two other banks support the ability to pay bills using voice, USAA and Ally, those institutions use voice assistants housed in mobile banking apps, not smart home devices like Amazon Echo or Google Home.

By moving early into voice, American Express stands to gain valuable advantages. Here’s why:

  • Low adoption of voice for money movement gives first movers breathing room. Today, only 2% of respondents in BI Intelligence’s April 2017 survey had used their voice to pay bills, and only 1% transferred money to a friend, through any type of device. With few consumers adopting the feature today, providers have a low-stakes playing field to experiment with the technology — if they see its long-term potential.
  • Breathing room allows them to work out major experiential kinks. Because nobody has achieved adoption, there isn’t a consensus on the best approach to voice transfer or bill payment experiences. For example, Capital One allows users to opt in or out of using a verbal PIN for spoken transactions. American Express, on the other hand, requires users to speak a PIN for any transaction. With few users, both banks can afford to try these different approaches, fail fast, and iterate, thereby gaining a head start on their competition.

The long-term opportunity of voice is big. Over the coming years, voice payments will evolve from clunky and poorly scripted sessions to interactions as natural as one might have with a personal shopper or bank employee, bolstering adoption. The companies that perfect these experiences early will reap major benefits, such as lower cost of servicing, higher payments volume, and increased loyalty.

The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.

We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.

BI Intelligence, Business Insider’s premium research service, has compiled a detailed report that dives into the budding industry of connected device payments, providing a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.

Here are some of the key takeaways from the report:

  • The Internet of Things is ushering in a new era for payments companies and manufacturers. The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices. 
  • More transactions could eventually pass through connected devices than smartphones. We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.
  • Card networks have developed a basic framework to enable commerce in everyday devices. Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.
  • Consumer-facing IoT companies have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue. For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.
  • Wearables, connected cars, and smart home devices will be the top connected payments product categories.

In full, the report:

  • Frames the opportunity for embedding commerce capabilities in new devices.
  • Explains how a device becomes commerce-enabled.
  • Discusses the potential for payment-enabled wearables, connected cars, and smart home devices.
  • Examines the impact of connected payments on key stakeholders.

To get your copy of this invaluable guide, choose one of these options:

  1. Subscribe to an All-Access pass to BI Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you’ll also gain access to all future reports and daily newsletters to ensure you stay ahead of the curve and benefit personally and professionally. >> START A MEMBERSHIP
  2. Purchase & download the full report from our research store. >> BUY THE REPORT

The choice is yours. But however you decide to acquire this report, you’ve given yourself a powerful advantage in your understanding of connected device payments.

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May 15, 2017 at 10:11PM

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from Dan Van Dyke

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