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Month: September 2023

Nasdaq Study Shows Legacy Technology and Regulation Preventing Financial Institutions From Capturing Growth Opportunities

78% of FMI investment budgets dominated by maintaining and upgrading legacy technology, with more than a third planning a major system overhaul in the next five years Industry-wide need to upgrade legacy technology, whilst responding to wave of regulation, risks compromising resilience or missing out on growth opportunities NEW YORK, Sept. 14, 2023 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) today published the results of a major global survey across the post-trade ecosystem, including over 300 decision makers from exchange groups, custodians, brokers, and other service providers. The report was produced in partnership with the ValueExchange. The landmark study reveals that 78% of Financial Market Infrastructure (FMI) investment budgets are dominated by maintaining and upgrading legacy technology platforms. Simply keeping the lights...

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InterDigital’s Milind Kulkarni to Outline the 5G Journey to 6G Evolution at Mobile World Congress Las Vegas

InterDigital VP to speak at the MWC LV “Envisioning a 6G Future” conference session WILMINGTON, Del., Sept. 14, 2023 (GLOBE NEWSWIRE) — A leader in advanced video and wireless research that has empowered every generation of wireless evolution through innovation and standards contributions, InterDigital, Inc. (Nasdaq: IDCC), has announced Milind Kulkarni, VP and Head of Wireless Labs, will headline a 6G conference session at Mobile World Congress Las Vegas, taking place from September 26 – 28, 2023. Milind Kulkarni will be a featured speaker on the Mobile World Congress “Envisioning a 6G Future” conference session, specifically detailing the foundation of 5G Advanced and the new capabilities that can be expected from the evolution to 6G. The conference session will take place on Thursday, September 28 from 10:00 – 11:00 am PT on...

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Nordurthing 6th month annual report

Hálfsársuppgjör Norðurþings 2023, tekið fyrir í byggðarráði þann 14.09.2023 Þetta er í fyrsta skipti í nokkurn tíma sem gert er formlegt 6 mánaða uppgjör fyrir Norðurþing og því eru ekki til staðar samanburðartölur í rekstri fyrir sama tímabil á fyrra ári og eru samanburðarfjárhæðir í rekstri því fyrir allt árið 2022.Árshlutareikningurinn fyrir tímabilið 1. janúar til 30. júní 2023 er óendurskoðaður og ókannaður.Í rekstrarupplýsingar samstæðunnar fyrir tímabilið vantar rekstur B hluta fyrirtækjanna Dvalarheimils aldraðra sf., Leigufélagsins Hvamms ehf. og Fjárfestingarfélags Norðurþings ehf. en uppgjör fyrir þessar einingar liggja ekki fyrir. Árshlutareikningurinn sýnir að fjárhagsstaða Norðurþings byggir á traustum grunni en óhagstætt verðbólguumhverfi og mikil hækkun lífeyrisskuldbindinga litar niðurstöðuna.Halli af rekstri A hluta á...

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Icelandair: Gunnar Már Sigurfinnsson resigns as Managing Director of Icelandair Cargo

Gunnar Már Sigurfinnsson has decided to resign as Managing Director of Icelandair Cargo and will leave Icelandair Group’s Executive Committee. The resignation will become effective immediately but Gunnar Már will continue to work within the Company in the upcoming months and support his successor as needed to ensure a successful handover at this important unit within the Company. Einar Már Guðmundsson, Director of Icelandair’s Technical Operations, will become the Interim Managing Director of Icelandair Cargo and become a member of Icelandair Group’s Executive Committee while holding the interim position. A formal process will now be initiated to search for the future Managing Director of the company. Einar Már Guðmundsson has worked for Icelandair since 2015 as a Director at the company’s Technical Operations. Previously, Einar Már...

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Ensurge successfully completed first phase of building Multi-Layered Batteries of its Rechargeable Solid-State Lithium Microbattery

SAN JOSE, Calif., Sept. 14, 2023 (GLOBE NEWSWIRE) — Ensurge Micropower (OSE: ENSU, and OTCQB: ENMPY) (“Ensurge” or the “Company”), today announces to have successfully completed the first phase of building multi-layered solid-state lithium micro battery with predefined capabilities. Based on this important milestone, the Company’s lead customer within the digital health market has decided to commence product testing. The digital-health market innovator has already in 2022 evaluated the Company’s unit-cell and package single-layer samples, which in December 2022 led to a 150,000-unit order for Ensurge’s rechargeable 1-100 milliampere-hour (mAh) microbattery. The order will be delivered when entering volume production. “We continue to work closely with our lead customer through each stage of our microbattery’s development,”...

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Enefit Green signed a €180 million loan agreement with European Investment Bank

On 14 September 2023, Enefit Green signed a €180 million loan agreement with European Investment Bank (EIB) to finance its ongoing investment programme. The term of the concluded contract is 12 years. Enefit Green will use the loan capital for the construction of the Sopi-Tootsi wind farm in Estonia. Sopi-Tootsi wind farm is the largest wind farm under construction in Estonia with a capacity of 255 MW. After its completion in 2025, this wind farm will cover approximately 40% of annual electricity consumption of Estonian households. Enefit Green is currently constructing five wind and three solar farms in Estonia, Lithuania, Poland and Finland with a total capacity of 608 MW. In 2023, Purtse hybrid wind and solar farm in Estonia and the Zambrow solar farm in Poland with a total capacity of 62MW have been completed and put into operation....

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Egide: Report on the Extraordinary General Meeting held on September 12, 2023 and Announcement of an upward threshold crossing

Press Release Report on the Extraordinary General Meeting held on September 12, 2023 andAnnouncement of an upward threshold crossing Bollène, September 13, 2023 – 06 :00pm (CET). Egide Group (Euronext Growth Paris™- ISIN: FR0000072373 – Mnemo: ALGID), the global specialist in hermetic packages and heat dissipation solutions for sensitive electronic components, informs its shareholders that the Extraordinary General Meeting met as scheduled on third call on Tuesday, September 12, 2023, at 10:30 am. Shareholders present or represented held 3,194,818 shares (i.e., 24.02% out of a total of 13,303,116 shares with voting rights at the date of the Meeting) and 3,203,743 votes (i.e., 23.98% out of a total of 13,359,172 voting rights). The Extraordinary General Meeting was therefore able to proceed, the 20% quorum required on third...

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Ipsos: 2023 Trading update

Paris, September 14, 2023 – Ipsos experiences continued growth but at slower pace than forecasted for 2023. The Group now expects organic growth between 3% to 4%, compared to “around 5%” at the start of the year. This revision is mainly due to the persistence of headwinds already mentioned in previous financial releases:In particular, the activity of major Tech customers did not improve during the summer. After an exceptional growth during the pandemic, these clients have been experiencing a period of uncertainty since autumn 2022. Despite a return to pre pandemic growth path, they remain major clients for Ipsos. In addition, new opportunities related to generative artificial intelligence arise.While our activity in North America will be impacted by the Tech sector and below our expectations, we anticipate a positive revenue growth...

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Global non-cash transaction volumes set to reach 1.3 trillion in 2023

Press Contact:Fahd PashaTel.: +1 647 860 3777E-mail: Fahd.Pasha@capgemini.com Global non-cash transaction volumes set to reach 1.3 trillion in 2023 By 2027, new digital payment methods will make up approximately 30% of total volume, with traditional payments dropping to around 70% of overall non-cash transaction volumes Paris, September 14, 2023 – The Capgemini Research Institute’s 2023 World Payments Report, published today, reveals non-cash transaction volumes will reach 1.3 trillion by 2023 globally. As consumers and businesses adopt new digital payment schemes, the report suggests this growth will accelerate to 2.3 trillion by 2027 growing at a rate of 15% annually. At a regional level, digital payments will grow by 19.8% across the Asia Pacific, 10.7% in Europe, and 6.5% in North America by 2027. The expanding digital payment infrastructure,...

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