Build your digital toolkit like it’s a fintech smartphone

Despite the sophistication of today’s tech offerings, many firms and advisers face an uphill battle in building an integrated tech stack that provides everything they need. Complicating matters is that some fail to realize how an ad hoc approach to technology can impact their entire operation.

In some respects, the dynamic evokes memories of the evolution of the smartphone, which began as an effort to combine all the disparate personal tools that already existed into one consolidated platform that was sleek, easy-to-use and intuitive. Now, billions worldwide have access to a hand-held computer customized to their daily routine everywhere they go. 

Firms and advisers need to approach the construction of their tech stacks in the same way. Here’s how: 

Consider your needs. Before Steve Jobs unveiled the iPhone in 2007, it was of course possible to make a call, take a photo, schedule a meeting, text with friends or send

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Governments are using the pandemic to crack down on digital rights, report finds

The Freedom on the Net 2020 report, an assessment of 65 countries released Wednesday, found that the pandemic has accelerated a decline in free speech and privacy on the internet for the tenth consecutive year, and accused some governments of using the virus as a pretext to crack down on critical speech.

“The pandemic is accelerating society’s reliance on digital technologies at a time when the internet is becoming less and less free,” said Michael J. Abramowitz, president of Freedom House, which is funded by the US government. “Without adequate safeguards for privacy and the rule of law, these technologies can be easily repurposed for political repression.”

Amid the pandemic, internet connectivity has become a lifeline to essential information and services — from education platforms, to health care portals, employment opportunities and social interactions. But state and nonstate actors are also exploiting the crisis to erode freedoms online.
Nowhere has
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Canon Announces Powerful New EL-1 Speedlite with Rechargeable Battery and EOS M50 Mark II Mirrorless Digital Camera; More Info at B&H

Photography News: Canon has released a powerful new Speedlite with a rechargeable battery, an LED modeling light and new Xenon bulb and EOS M50 Mark II mirrorless digital camera

B&H Photo is pleased to share that Canon has announced a new powerful on-camera flash unit with a Xenon bulb for consistent output and a rechargeable Li-ion battery that will enable up to 335 flashes per charge. Designed for professionals and advanced amateurs, the Canon Speedlite EL-1 provides a Guide Number of 197′ at ISO 100 and 200mm, which is comparable to that of the 600EX II-RT Speedlite.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201013006173/en/

Canon EL1 Speedlite (Photo: Business Wire)

The new EL-1 has a range of 24-200mm with a fast recycling time of 0.1-0.9 seconds. It also features an LED Modeling Lamp with adjustable brightness and color temperature controls. With a fully charged battery, the

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Many things to many people: Panasonic launches DC-BGH1 modular ‘box’ camera: Digital Photography Review

Panasonic has announced a new Micro Four Thirds video camera, the Lumix DC-BGH1. This box-style camera is built around a 10.2MP Live MOS sensor. Based on specs, the BGH1 might appear to be essentially a Panasonic GH5S minus the screen and controls, and to some degree, it is. Still, Panasonic has included several features that are rather interesting.

The aluminum and magnesium alloy body is relatively small, at 93mm per side and 78mm deep (3.66 x 3.07 inches). Notably, the camera lacks both a viewfinder and a screen but includes eleven 1/4″-20 sockets for mounting accessories or a tripod. An integrated fan and internal heat dispersion system allow for unlimited record times, and a hot shoe mount on top of the camera can be used to mount a microphone or Panasonic’s DMW-XLR1 XLR adapter.

Camera controls include a dial with a four-way controller on top, several dedicated function buttons and

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China hands out $1.5m of digital currency in cashless society trial

  • Authorities in Shenzhen, southern China, have handed out $1.5 million of a new digital currency as part of a trial of a cashless society.
  • Last Friday authorities gave 50,000 lottery winners the equivalent of $30 each to spend digitally by October 16, the state-run China Daily reported Monday.
  • The digital currency is not like a cryptocurrency, and is issued and controlled by China’s central bank, the People’s Bank of China.
  • The PBoC said it plans to formally launch the digital payment system in late 2020, according to the BBC.
  • Visit Business Insider’s homepage for more stories.

A Chinese city has handed out 10 million yuan, or $1.5 million, in digital currency to trial what citizens would do in a cashless society.

On Friday, 50,000 people living in the Luhou district of Shenzhen were given digital “red envelopes,” each containing around 200 yuan ($30) worth of the digital currency, the state-run

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The New Digital Thundering Herd

We often hear advice to avoid herd mentality, but when it comes to Merrill Lynch’s approach to technology and wealth management, it’s time to follow the thundering herd.

Some 85% of Merrill Lynch’s clients in its 10 million plus cohort are digital adopters. That number may raise a few eyebrows. What does it mean to be a digital adopter? Could baby boomers really be embracing digital options? Surely the digital move must be led by millennials, or even those with fewer assets and less cumbersome needs.

Believe it or not, that’s not the case.

Kabir Sethi, head of digital wealth management for Merrill Lynch and Bank of America Private Bank, says that digital adoption has been closely correlated with the amount of assets the clients have with the firm. Both post and pre-Covid-19, digital adoption was highest among ultra-high-net-worth baby boomers, defying the misconceptions

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Tortas Frontera Taps Tillster to Power Its Digital Ordering Future

Tillster’s solution fosters popular eatery’s pivot in the COVID-19 environment

Tillster, the global leader in digital ordering and engagement solutions for restaurants, announced today its partnership with Tortas Frontera to support the brand’s pivot to 100% digital ordering amid the Coronavirus pandemic. With the unanticipated closure of some of their locations, the restaurant selected Tillster to deploy a rapid solution for online ordering and delivery and increase operational efficiencies.

In January 2020, Tortazo, the newest restaurant concept by chef Rick Bayless, opened its doors to great fanfare in Chicago’s Willis Tower. The dine-in, Mexican-inspired eatery was in the process of expanding its business with the addition of online ordering; however, the onset of the COVID-19 pandemic caused Willis Tower to empty, resulting in Tortazo to temporarily close its doors in March. The restaurant has since reopened and sought to pivot quickly and adapt to the new environment by creating brand

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Takeda Accelerates Digital Transformation with Accenture and AWS

Collaboration will leverage cloud and data-driven insights to accelerate drug development, increase operational agility, reduce technology costs and develop the workforce of the future

Takeda Pharmaceutical Company Limited (TSE: 4502/NYSE: TAK) (“Takeda”), Accenture (NYSE: ACN) and Amazon Web Services, Inc. (AWS) have entered into a five-year strategic agreement to accelerate Takeda’s digital transformation.

Not only will patients benefit from Takeda’s ability to respond with greater speed, agility, and insights across the value chain, but customers, employees, and partners will also benefit. This long-term collaboration will fuel Takeda’s cloud-driven business transformation by modernizing platforms, accelerating data services, establishing an internal engine for innovation, and equipping Takeda’s employees with new skills and ways of working.

“By combining the power of three organizations, Takeda is making a bold move to be at the intersection of human health, technology and business growth,” said Christophe Weber, Takeda president and chief executive officer. “My vision is

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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

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Here’s a first glimpse of China’s digital yuan



Yuan bank notes.


© Provided by Quartz
Yuan bank notes.

China’s long-anticipated digital yuan has arrived in the wallets of some ordinary citizens.

Beijing began exploring a digital currency in 2014, with the project going into high gear in 2017—the same year the country cracked down on cryptocurrency trading. The digital yuan is very much not a cryptocurrency; like the regular yuan, it is under the control of the People’s Bank of China, and will be rolled out with the help of the country’s largest commercial banks. After conducting small-scale trials earlier this year, China began its largest test yet yesterday, with 200 yuan ($30) worth of the virtual money issued to 50,000 citizens in the southern tech hub of Shenzhen through a lottery.

The pilot comes as the Chinese president Xi Jinping prepares to visit Shenzhen tomorrow (Oct. 14) to celebrate the 40th anniversary of the country’s establishment of its first special

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