NEW YORK & MUMBAI, India – WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) services, today announced the launch of its blockchain-enabled risk syndication solution, WNS VeriChain. Powered by IBM Hyperledger, the solution addresses complexities and challenges in the syndicated insurance market. “At WNS, we are focused on leveraging
Yesterday Chinese search engine firm Baidu launched an entry-level blockchain hosting solution called “Open Network”. The offering is targeted at SMEs and developers and is based on Baidu’s open-source blockchain protocol, XuperChain. Given the government frowns upon public blockchains, the solution is for private or consortium blockchains. Last year Baidu unveiled its own Blockchain as a
New enhancements allow private transfers to be batched in a single transaction Technology reduces cost per transaction to around US$0.05 Helps address scalability concerns of public blockchains for the enterprise EY today announced the release of the third-generation zero-knowledge proof (ZKP) blockchain technology to the public domain on the Ethereum public blockchain. The enhancements of
Ultra, a next-generation games distribution platform that offers new solutions to both developers and players, this week announced that Ubisoft is to become the first major gaming company to bolster its UOS blockchain, a sister branch of EOSIO, as a corporate block producer, during a trial period on the testnet. Block producers will provide the
CAMBRIDGE, Mass.– Cambridge Blockchain, Inc. a digital identity enterprise software provider, announced today that PayPal (NASDAQ: PYPL) has joined its Series A funding round. With this investment, the two companies will explore potential collaborations to leverage blockchain technology. Cambridge Blockchain, a digital identity enterprise software provider, announced today that PayPal has joined its Series A funding round #Identity
NEW YORK – Mar 18, 2019–JPMorgan Chase today announced a $350 million, five-year global initiative to prepare for the future of work and meet the growing demand for skilled workers. Building on the firm’s original, five year $250 million commitment in 2013, this New Skills at Work investment will provide substantial support to community college
SAN FRANCISCO, Feb. 6, 2019 — TechSoup, the leading nonprofit network facilitating distribution of technology solutions to civil society organizations globally, today announced that it has received a $1 million impact investment from Microsoft Philanthropies to support an ambitious initiative to nearly double the number of nonprofit organizations it serves. Microsoft is the lead impact investor in TechSoup’s newly launched $11.5
Global – 7 January 2019 – Amid rising concerns about a downturn in the economic cycle, institutional investors are looking to mitigate risks by increasing allocations to private markets according to BlackRock’s annual survey of global institutions. Globally, over half (56%1) of clients stated that the possibility of the cycle turning is one of the
TriLinc Global Impact Fund announced today that it has approved an additional $19.4 million in term loans and trade finance to companies operating in Sub-Saharan Africa and Latin America, bringing total financing commitments as of October 31, 2018 to $426.1 million for business expansion and socioeconomic development through its holdings in Sub-Saharan Africa, Latin America,
* ING will commit 100 million euros ($122 million) of capital to investments in businesses and projects with a positive environmental impact, the Dutch bank said on Thursday * ING’s Sustainable Investments programme will target opportunities in all sectors and focus on innovative business models which need funding to expand * Initially, ING will pursue
Aberdeen Standard Investments, the global investment manager, has announced the launch of the UK Equity Impact – Employment Opportunities Fund*, in collaboration with Big Issue Invest, the social investment arm of The Big Issue. The Fund will be managed by Lesley Duncan, Investment Director, Aberdeen Standard Investments. The aim of the Fund is to
Company Dedicating $15 Million Toward Developing New Ways for Investors To Experience Impact In 2018 NEWPORT BEACH, Calif., Feb. 1, 2018 — Swell Investing announced today that 150-year-old financial services company Pacific Life has to date dedicated $30 million to the company’s growth and development. Launched in May of 2017, Swell aims to provide a way for nearly anyone to
LONDON, December 21, 2017 /PRNewswire/ — . The Impact Investing World Forum (IIWF), world’s leading community for the global impact investing professionals based in London, today announced ‘Impact Investing World Forum Scholarships’ for The ‘Master of Studies (MSt) in Social Innovation’ programme at Judge Business School, University of Cambridge. . Ahsan Zaman, founder of ‘Impact Investing World Forum’ and Cambridge Judge Business School alumnus, has
LONDON (Reuters) – Switzerland’s Zurich Insurance (ZURN.S) plans to more than double its “impact investments” to $5 billion (3.76 billion pounds), it said on Thursday, aiming to improve the lives of five million people a year. The target forms part of a move by insurers to tackle the causes of climate change and other
Creation of new impact investment program, managed by CA Capital Management, will accelerate the organization’s funding of research, exploration and education, inspiring solutions for the global good The National Geographic Society today announced it is dedicating $50 million from its $1.2 billion endowment to impact investments, furthering its commitment to understanding our planet and generating solutions for a
Morgan Stanley Investment Management Raises More Than $125 Million for its First Global Impact Fund Morgan Stanley Investment Management has raised more than $125 million in final commitments for its first global impact fund, PMF Integro Fund I (“Integro” or the “Fund”). Launched in partnership with the Morgan Stanley Institute for Sustainable Investing (the
The Rise Fund, a global fund committed to achieving measurable, positive social and environmental outcomes alongside competitive financial returns, today announced it has invested in EverFi, a leading provider of subscription-based digital learning to K-12 schools, universities, corporations, sports teams, and NGOs. This investment reaches two of the seven sectors identified as areas of focus
BATTLE CREEK, MICH. – The W.K. Kellogg Foundation (WKKF) announces the release of its 2016 annual report: “Real Change for Children: Creating Equitable Communities.” The report presents a preview of the foundation’s refined grantmaking priorities, which emerged following a series of 14 community conversations with more than 1,600 grantees and partners. The updated priorities –
ACCRA, Ghana – Reach for Change and the IKEA Foundation announced a new partnership that will help 120 outstanding entrepreneurs in Ethiopia develop social enterprises that improve the health, education and protection of children in Africa’s second most populous country. IKEA Foundation and @R4C_Africa join forces to help 84,000 children in #Ethiopia through social enterprise! #socent
A major commitment to be phased in over 10 years Largest commitment of its kind by a private foundation An effort to help advance the broader marketplace for impact investing Resulting MRI investments will initially focus on affordable housing, financial services “The next generation of innovation in philanthropic impact” NEW YORK / 5 April
Impact investment strategy seeks to enable public market investors to combine social and financial goals NEW YORK – BlackRock has launched the BlackRock Impact Bond Fund (‘the Fund’), a mutual fund that aims to generate competitive financial returns while investing in measurable social and environmental outcomes. The Fund will trade under the ticker BIIIX. “The BlackRock