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Mint and Rocket Mortgage Reveal New Technology to Foster the Next Generation of Financial Empowerment

Mint and Rocket Mortgage Reveal New Technology to Foster the Next Generation of Financial Empowerment

SAN DIEGO and DETROIT, Oct. 14, 2020 /PRNewswire/ — Today, financial empowerment app Mint by Intuit Inc. (Nasdaq: INTU), and Rocket Companies (NYSE: RKT), announced a first-of-its kind partnership in which Rocket Mortgage – the first fully digital mortgage experience – is now integrated into the Mint app via API to create a fast, simplified refinance experience for homeowners.

As part of this integration, Mint users are able to pre-fill information such as current mortgage information that they’ve added to their Mint profile. They are then able to seamlessly search for, apply and lock-in mortgage refinance rates with Rocket Mortgage in as few as eight minutes, instead of days or weeks – all powered by the Rocket Mortgage API. This is the first time the Rocket Mortgage experience has been directly integrated into a personal finance platform.

“Across the country, Americans are struggling with their finances as many face difficult economic times. As interest rates are near an all-time low, now is an ideal time for many to consider refinancing their mortgages and save thousands,” said Varun Krishna, SVP & Head of Consumer Finance at Intuit. “For too long, the refinance process has been an annoyingly tedious and overwhelming experience for all of us to find the right lender and loan for our situation. We’re excited to help simplify the process for Mint users with this integration of Rocket Mortgage and give our customers some peace of mind during this already stressful time.”

With the integration of Rocket Mortgage’s digital refinance application, Mint users can now seamlessly find the best options for lowering their rate through the easy-to-navigate Mint interface combined with the powerful Rocket Mortgage API. This new feature allows users to pre-fill data from Mint, skipping through additional account creation and data entry, greatly reducing the time it

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Apple Reveals Four iPhone 12 Models, Heralding ‘New Era’ for 5G Technology

Apple Reveals Four iPhone 12 Models, Heralding ‘New Era’ for 5G Technology

Apple Inc.


AAPL -2.65%

unveiled a new iPhone Tuesday capable of connecting to a much faster 5G cellular network, which investors are betting will spur strong demand.

Chief Executive Tim Cook stood at the company’s Cupertino, Calif., headquarters to begin the webcast, streamed on Apple’s website—a visual reminder of how the tech giant’s latest flagship-product introduction differs from previous ones because of the coronavirus pandemic, which closed businesses and left people sheltering at home around the world for much of this year.

The iPhone 12 offered a new physical appearance from last year’s smartphone, moving from a rounded design to a flatter-edged look reminiscent of the iPhone 4. Apple revealed four versions of the phones ranging in sizes and starting in price from $699 for the iPhone 12 Mini with a 5.4-inch display. The iPhone 12 Pro Max has a 6.7-inch display, an increase from 6.5 inches; the higher-end versions emphasize the camera abilities.

The newest iPhone designs move away from the rounded shape of recent models toward a flatter-edged look akin to the iPhone 4. The iPhone 12 Pro and Pro Max, unveiled Tuesday.



Photo:

APPLE

The greatest hype going into the event, however, has been about the device’s 5G capability. Apple’s adoption of the next-generation wireless standard places intense focus on the new technology that has been years in the making. Cellular network carriers have been scrambling to roll out 5G service across the U.S., but coverage remains spotty in the country and it isn’t clear yet whether customers will want it.

“Today is the beginning of a new era for iPhone,” Mr. Cook said.

Shares slipped as the event took place, which has occurred with previous Apple events, before rebounding. With few people familiar with the new cellular service, Mr. Cook made an effort to describe why

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How Digital Technology Could Lead The ‘New Business Normal’ In Latin America

How Digital Technology Could Lead The ‘New Business Normal’ In Latin America

Managing Director & Founder of the Biz Latin Hub Group.

The most significant technological advancements that currently shape our society and economy have emerged from challenging times. The internet, for example — without which our daily life as we know it would be possible — emerged in light of the Cold War, after the United States Advanced Research Projects Agency (ARPA) and MIT scientists invented a method to prevent communications from being affected in the event of an attack.

According to the UN, a report from the Economic Commission for Latin America and the Caribbean found that the Covid-19 pandemic is expected to result in the loss of 8.5 million jobs in Latin America and the Caribbean. It has produced new realities through which life and business have managed to get ahead. Digital technology has proven to be the great ally of humanity, facilitating the adaptation of economies and businesses to the “new normal,” a term that is commonly overused and yet mostly still unknown.

Currently, I expect the technology sector in Latin America to grow considerably, as it appears to be a key solution for businesses to evolve with changing social and economic contexts brought about by this pandemic. Technology stands as an industry that could lead the region’s “new business normal.”

The digital revolution is a call for Latin American business resilience.

After governments in the region announced measures to counteract the contagion of the virus, companies of all sizes have reportedly started realizing the importance of digital technology for applications like e-commerce. Technology enables them to adapt to a new business ecosystem in which interacting with clients can no longer be the same.

As I expected, the industries of e-commerce, streaming services, online education and health, food delivery and technological financial services (fintech) have grown

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HP’s CEO on how the pandemic is accelerating change in technology and business

HP’s CEO on how the pandemic is accelerating change in technology and business

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Enrique Lores wearing a suit and tie: HP Ceo Enrique Lores on Leadership Next


© David Pollar—Getty Images
HP Ceo Enrique Lores on Leadership Next

“We are witnessing the dawn of a new age,” HP CEO Enrique Lores said at the company’s Reinvent conference this year. Many of the changes that business leaders planned to transition into over the next few years are here now, and they’re being accepted seamlessly due to the pandemic from constant video conferencing to working from home. 

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On the latest episode of “Leadership Next,” the Fortune podcast about the changing roles of business leadership, Lores tells cohosts Alan Murray and Ellen McGirt that the fast pace of change has affected not only business and technology, but also the personal lives of employees and managers alike. That, he says, necessitates the development of a more approachable style of leadership across the company at this time when so many lives are more complicated and more stressful than ever. 

And prioritizing those changes, along with the employees that they will serve, does not mean that profit takes a back seat, Lores said, adding that leaders should not feel the need to choose between short-term results and long-term contributions to the world. “I firmly believe you can do both, and we are proving that you can do both.”

And though HP’s stock is down since the pandemic started, Lores assures Murray and McGirt that the business remains strong, with opportunities in areas like education and 3D printing on the horizon. 

To learn more about what HP is doing to negate its environmental impact and Lores’ approach to diversity and inclusion within the company, tune into the latest episode of “Leadership Next” at the link below or wherever you get

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E-Commerce Group Allegro Lights up Europe’s IPO Market, Leaping 50% on Debut | Technology News

E-Commerce Group Allegro Lights up Europe’s IPO Market, Leaping 50% on Debut | Technology News

By Anna Banacka and Anna Koper

WARSAW/GDANSK, Poland (Reuters) – Shares in Polish e-commerce group Allegro leapt more than 50% on their trading debut on Monday, giving the company a market value of about $17.6 billion in Europe’s biggest IPO so far this year.

Allegro’s strong start mirrored the performance of some recent U.S. IPOs that have shot up on their first days of trading, demonstrating investors’ willingness to pay for growth.

Allegro, founded more than 20 years ago as a home-grown rival to eBay, is central Europe’s most recognised e-commerce brand, with its website attracting 20 million visitors a month.

At 1126 GMT, its shares were trading at 68.1 zlotys, up 58.4% from their IPO price of 43 zlotys, which was itself at the upper end of the guidance range.

“When pricing deals like Allegro, it is more important to build momentum than to maximize price on day one,” said Christoph Stanger, who co-heads Goldman Sachs’ European equity capital markets business, which helped organise the IPO.

Private equity owners Cinven, Permira and Mid Europa will want to benefit from that momentum in follow-on placements, after only 25% of the Polish company was floated in the IPO, Stanger said.

Europe’s IPO market is showing some signs of picking up, with Britain’s The Hut Group last month making the biggest debut on the London Stock Exchange in seven years.

However, investor appetite seems to be reserved for tech and growth companies – sectors that corporate Europe is light on compared to the United States, where a number of blockbuster tech IPOs have priced this year.

Allegro operates in one of few business areas to benefit during the coronavirus pandemic, as shoppers switch to buying online.

“The recent pandemic highlighted the value of e-commerce for a consumer, and accelerated e-commerce penetration,” said

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