Finance
Diebold Nixdorf Wins Global Banking & Finance Awards® Best Banking Technology Solutions Provider Europe 2022 and Next 100 Global Awards 2022
LONDON and HUDSON, Ohio, Jan. 18, 2023 /PRNewswire/ — Diebold Nixdorf, a world chief in automating, digitizing and remodeling the way in which individuals financial institution and store, not too long ago was named Finest Banking Expertise Options Supplier Europe 2022 by World Banking & Finance Overview®. The corporate received the celebrated award for its contributions to the expertise sector for the second time in three years, having beforehand received the dignity in 2020. As well as, Diebold Nixdorf was offered with the Subsequent 100 World Awards 2022 – Expertise Options Supplier award, which acknowledges thrilling, revolutionary and promising companies from world wide which are on the forefront of technique, achievements, dedication and management.
Diebold Nixdorf helps banks join with prospects by offering self-service options for contemporary challenges. The corporate designs and develops a spread of merchandise and software program, accompanied by complete managed providers, permitting prospects to have interaction within the banking expertise by means of self-service options.
Wanda Wealthy, editor of World Banking & Finance Overview, stated: “Diebold Nixdorf continues to excel on a number of ranges, and that’s the reason it has received two awards in recognition of its work. The corporate continues to impress us with innovate expertise options, permitting banks to create seamless experiences for his or her prospects, enhance operational effectivity and enhance income.”
World Banking & Finance Overview discovered Diebold Nixdorf to face out amongst its contemporaries in superior automation, operational effectivity, end-to-end banking service options and innovation. Lastly, the corporate’s digital-first options, together with the DN Sequence™ ATMs, present the product line’s skill to adapt to an ever-changing world of banking and finance.
Joe Myers, government vice chairman, world banking, at Diebold Nixdorf stated: “We’re extraordinarily proud to obtain these awards, and for Diebold Nixdorf to be acknowledged as a frontrunner in expertise that helps monetary establishments to create shopper journeys that delight present prospects and appeal to new ones. We’re enthusiastic about supporting the worldwide banking trade to raise the providers and options they provide and offering expertise that delivers for each in the present day and tomorrow.”
About World Banking & Finance Overview®
World Banking & Finance Overview® is the main on-line and print journal for the banking and monetary sector. The web site receives over 7 million web page views annually because of its balanced views and informative, impartial information centered on the monetary sector. The World Banking & Finance Awards® was created to acknowledge firms of all sizes which are distinguished particularly areas of experience and excellence throughout the world monetary neighborhood. The awards are identified all through the worldwide banking and monetary neighborhood. They replicate the innovation, achievement, technique, development, and inspirational modifications happening throughout the monetary sector.
About Diebold Nixdorf Twitter: @DieboldNixdorf DN-B
SOURCE Diebold Nixdorf, Integrated
Diebold Nixdorf, Integrated (NYSE: DBD) automates, digitizes and transforms the way in which individuals financial institution and store. As a associate to nearly all of the world’s high 100 monetary establishments and high 25 world retailers, our built-in options join digital and bodily channels conveniently, securely and effectively for thousands and thousands of customers every day. The corporate has a presence in additional than 100 international locations with roughly 22,000 staff worldwide. Go to www.DieboldNixdorf.com for more information.
LinkedIn: www.linkedin.com/firm/diebold
Fb: www.fb.com/DieboldNixdorf
YouTube: www.youtube.com/dieboldnixdorf
I’ve been thinking about financial risk lately.
Should I change my asset allocation in my retirement portfolio, considering Donald Trump’s successful bid for the White House? Stock market valuations have risen smartly in recent years, which real income growth, productivity improvements, technological innovation, low unemployment rates and healthy corporate profits have largely powered. Yet with the election of Trump, voters have approved a massive economic experiment.
The Trump administration comes into power with many policy goals, but four economic initiatives stand out: Enacting significant tax cuts; imposing broad-based and significant tariffs; sweeping raids, mass deportations and tighter immigration controls; and slashing federal government regulations. The extent that these plans turn into reality and how each policy will interact with the others is uncertain. The risks are obvious. The outcome isn’t.
Enter risk management, a critical concept in finance. Professionals often associate risk with volatility. The tight link makes sense, since owning assets with high volatility hikes the odds of losses if there is a pressing need to sell the asset to raise money.
However, for the typical individual and household, risk means the odds money decisions made today don’t pan out. Managing risk means lowering the negative financial impact on your desired standard of living from decisions gone wrong and when circumstances take an untoward turn.
“Anything that makes reaching or maintaining that more likely reduces your risk, and anything that makes this less likely increases your risk,” writes Bob French, the investment expert at Retirement Researcher. “Everything else is just details.”
The key risk management concept is a margin of safety, a bedrock personal finance idea broader than investment portfolios. It can include having an emergency savings fund, owning life insurance to protect your family and investing in your network of friends and colleagues to hedge against the risk of losing your job. The right mix depends on the particulars of your situation.
In my case, after studying my portfolio, running household money numbers and reviewing lifestyle goals, I’m comfortable with the asset allocation in my retirement portfolio. There is too much noise in the markets for comfort, and market timing is always tricky. The prudent approach with my individual situation is to stay the course.
At a Zoom meeting on Friday, November 22, School Superintendent Dr. E. Xiomara Herman recommended to the Regional School Committee and Union 26 School Committee that Shannon Bernacchia be appointed interim Finance Director for the schools, replacing Doug Slaughter who had served in that position since 2019. Bernacchia has served as Assistant Finance Director under Slaughter. Her appointment was approved unanimously by both school committees.
In recommending Bernacchia for the interim director position, Herman cited her “impressive career, dedication, and accomplishments during this transitional period [to a new administration],” adding, “Since joining our district, she has demonstrated exceptional proficiency in managing complex financial operations, including preparing budgets, overseeing audits, and providing detailed financial reporting to the school committee.”
Bernacchia holds a Bachelors Degree in Business Management from Bay Path University and professional training in school fund accounting. She currently holds an emergency School Business Administrator license valid through 2025 and has completed all requirements for her initial license, except for the 300 hours of mentorship. She anticipates completing that requirement in January, 2025. Former Amherst Regional Public Schools and Town of Amherst Finance Director Sean Mangano is serving as her mentor.
Herman expressed confidence in Bernacchia’s ability to head the district’s financial operations.
In acknowledging her appointment, Bernacchia thanked the school committee members and said that she was excited to work with superintendent who is woman.
NEW YORK (Reuters) -The U.S. Securities and Exchange Commission obtained $8.2 billion in financial remedies, the highest amount in its history, in fiscal 2024, the agency said in a statement on Friday.
The SEC filed 583 enforcement actions in the year that ended in September, down 26% from a year earlier, it said in a statement.
The $8.2 billion in financial remedies included $6.1 billion in disgorgement and prejudgment interest, a record, and $2.1 billion in civil penalties, the second-highest amount on record, according to the SEC’s statement.
Much of the total financial remedies came from a single action: a $4.5 billion settlement with the now-bankrupt crypto firm Terraform Labs, following a unanimous jury verdict against the firm and its founder Do Kwon. The SEC is expected to collect little of that settlement amount because it agreed to be paid only after Terraform satisfies crypto loss claims as part of its bankruptcy wind-down.
The SEC also obtained orders barring 124 individuals from serving as officers and directors of public companies, the second-highest number of such prohibitions in a decade. Holding individuals accountable for misconduct has been a priority of the agency under Chair Gary Gensler, who is stepping down in January.
“The Division of Enforcement is a steadfast cop on the beat, following the facts and the law wherever they lead to hold wrongdoers accountable,” Gensler said in a statement about the agency’s 2024 enforcement results.
(Reporting by Chris Prentice; Editing by Leslie Adler and Jonathan Oatis)
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