Dutch Retailer Jumbo Evolves its Store Architecture with Self-Checkout from Market Leader NCR

Dutch Retailer Jumbo Evolves its Store Architecture with Self-Checkout from Market Leader NCR

ATLANTA–(BUSINESS WIRE)–
Jumbo Supermarkten has selected NCR (NYSE: NCR), a global provider of leading retail technology solutions that run the store, to roll-out self-checkout solutions for its more than 680 retail stores in Holland and Belgium. Self-checkout is an important element in NCR’s Next Generation Retail Store Architecture that enables retailers to simplify store operations and introduce new innovations quickly.

NCR has been the leading provider of self-checkout solutions since 2003 and continues to evolve its technology with innovations in touchless self-checkout. In a thorough evaluation process, Jumbo selected NCR due to its unparalleled expertise and its proven solutions that add value to the customer experience in the new retail reality.

“After a comprehensive evaluation, NCR stood out through its deep understanding of our pledge to make shopping faster for our customers and how self-checkout would enhance our customer experience,” said Tim Hehenkamp, Executive Director Technology & Data at Jumbo. “We are looking forward to this next step in our digital transformation with NCR.”

This deployment will complement Jumbo’s existing store architecture that includes NCR’s enterprise software platform R10, another key element of NCR’s Next Generation Retail Store architecture, as well as NCR’s mobile scanning solution, NCR FastLane Mobile Shopper.

“We are pleased to extend our relationship with Jumbo Supermarkten,” said David Wilkinson, president and general manager of NCR Retail. “By automating processes at the front end and beyond through self-checkout, their staff can provide higher value services for a compelling customer experience to give customers more control of their shopping trip.”

Retailers around the globe continue to embrace self-service technologies. In the light of the current Coronavirus pandemic, market research firm RBR expects the uptake to continue and forecasts an installed base of 1.2 million self-checkout units by 2025.

About Jumbo

Jumbo is the second largest supermarket chain in the Netherlands. Founded in 1979, it is part of the privately-owned Van Eerd Group. In 2019 Jumbo opened its first store in Belgium and now operates over 680 supermarkets with its over 85,000 employees.

About NCR Corporation

NCR Corporation (NYSE: NCR) is a leading software- and services-led enterprise provider in the financial, retail and hospitality industries. NCR is headquartered in Atlanta, Ga., with 36,000 employees globally. NCR is a trademark of NCR Corporation in the United States and other countries.

Web site: www.ncr.com

Twitter: @NCRCorporation

Facebook: www.facebook.com/ncrcorp

LinkedIn: www.linkedin.com/company/ncr-corporation

YouTube: www.youtube.com/user/ncrcorporation

Ortrud Wenzel

NCR Public Relations

+49 821 405 8191

[email protected]

KEYWORDS: Georgia United States North America

INDUSTRY KEYWORDS: Other Retail Retail Supermarket Technology Software

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FLIR Systems Introduces Raymarine YachtSense

FLIR Systems Introduces Raymarine YachtSense

Premium, Scalable, and Modular Digital Control Solution Engineered for Integral Automation and Elegant Control of Modern Vessel Systems

ARLINGTON, Va.–(BUSINESS WIRE)–
FLIR Systems, Inc. (NASDAQ: FLIR) announced today Raymarine YachtSense, an advanced digital control system affording total command and complete awareness of a vessel’s electrical systems. The modular nature of the YachtSense system redefines the future of vessel automation for boat builders and technical installers. Engineered for reliability, flexibility, and ease-of-use, YachtSense offers scalable, customizable and failsafe marine automation through intuitive control of onboard systems via any Raymarine Axiom® multifunction display.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201210005090/en/

Raymarine YachtSense technology brings home automation-like capabilities to luxury boats by replacing physical switches with touch screens controls integrated into Raymarine’s Axiom marine navigation systems. (Photo: Business Wire)

Raymarine YachtSense technology brings home automation-like capabilities to luxury boats by replacing physical switches with touch screens controls integrated into Raymarine’s Axiom marine navigation systems. (Photo: Business Wire)

YachtSense employs a unique, modular architecture that allows boat builders the freedom to design and standardize digital control solutions that are scalable across their entire model range. Each YachtSense system begins with the YachtSense Master Module and Power Supply Module and is completed with a combination of additional multi-channel signal modules. These individual modules interface with specific types of onboard devices and systems – from lighting, pumps, windlass, swim platforms and entertainment systems to climate control, generators, and other on-vessel mechanical systems.

YachtSense’s customized Axiom user interface options empower marine manufacturers and installers to create modern and elegant vessel automation solutions. These give captains total control of every onboard system with simple, touchscreen operation from any Axiom mutlifunction display.

“YachtSense is the new standard in premium digital control solution for today’s most sophisticated vessels,” says Gregoire Outters, General Manager for the Raymarine brand at FLIR Systems. “Our smart, modular and expandable system gives total freedom to boat builders to design ultra-reliable and highly tailored solutions that best meet the individual needs of their specific vessels and customers.”

Engineered for complete peace-of-mind during the unexpected, YachtSense delivers three levels of electrical redundancy. Master Modules feature an integrated keypad for manual override, as well as an LCD for system diagnostics. All YachtSense modules are housed in rugged IPX6 waterproof enclosures and are backed by a three-year warranty.

YachtSense is being unveiled and demonstrated during this week’s METSTRADE Connect online event. Boat builders and integrators are invited to learn more about Raymarine YachtSense by visiting www.raymarine.com/yachtsense. High-resolution images are available for download at https://flir.box.com/v/Raymarine-YachtSense.

About FLIR Systems, Inc.

Founded in 1978, FLIR Systems is a world-leading technology company focused on intelligent sensing solutions for defense, industrial, and commercial applications. Our vision is to be “The World’s Sixth Sense,” creating technologies to help professionals make better, faster decisions that save lives and livelihoods. For more information, please visit www.flir.com and follow @flir.

About the Raymarine brand

Raymarine, a FLIR Systems brand, makes high-performance marine electronics for the recreational boating and light commercial marine markets. With a legacy of marine navigation technology spanning over 80 years, Raymarine products are renowned today for their ease-of-use, rugged design, and reliability. We are continually innovating to deliver best-in-class sensors and intelligent navigation systems – making boaters’ time on the water safer and more fun. Our range of marine electronics are available through a global network of dealers and distributors. For more information, visit www.raymarine.com

Media Contact:

Karen Bartlett

Saltwater Stone

+44 (0) 1202 669 244

[email protected]

Investor Relations:

Lasse Glassen

Addo Investor Relations

Phone: 424-238-6249

Email: [email protected]

KEYWORDS: Virginia United States North America

INDUSTRY KEYWORDS: Electronic Design Automation Engineering Maritime Technology Transport Manufacturing Hardware

MEDIA:

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Raymarine YachtSense technology brings home automation-like capabilities to luxury boats by replacing physical switches with touch screens controls integrated into Raymarine’s Axiom marine navigation systems. (Photo: Business Wire)
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Wheeler Financial from Pitney Bowes Finances Investment in New Technology for Giuliante Machine Tool

Wheeler Financial from Pitney Bowes Finances Investment in New Technology for Giuliante Machine Tool

STAMFORD, Conn.–(BUSINESS WIRE)–Pitney Bowes Inc. (NYSE: PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing and financial services, today announced that Wheeler Financial from Pitney Bowes has closed a financing transaction with Giuliante Machine Tool, Inc. The leading aerospace component manufacturer is investing the capital in sophisticated manufacturing technology to boost efficiency and meet its clients’ evolving requirements.

Founded in 1978, Giuliante Machine Tool manufactures premium quality components for military fighter jets, helicopters, transport planes and commercial aircraft. Having expanded significantly from its early roots in Port Chester to a 27,000 square-foot facility in Peekskill, New York, Giuliante Machine Tool was looking to invest in equipment which would allow it to produce higher volumes of components more efficiently, for a greater number of clients. The manufacturer entered into a five-year dollar-buyout lease from Wheeler Financial.

Marcelo Giuliante, VP Operations, Giuliante Machine Tool said, “In our experience, sometimes the larger banks make borrowing more challenging than it needs to be. Wheeler Financial was very easy to work with. The entire process was fast and smooth from start to finish.”

“Small businesses like Giuliante Machine Tool must invest to grow but don’t want the burden of major upfront capital investment, particularly after the most challenging year many have ever experienced,” said Christopher Johnson, Senior Vice President and President, Pitney Bowes Financial Services. “Despite the negative impact COVID-19 is having on the market, we continue to invest in small and mid-sized businesses which are a vital segment of our economy.”

Leasing equipment is just one of the ways in which Pitney Bowes Financial Services offers its support and expertise to small- and mid-market companies. As well as offering affordable working capital solutions, dedicated expertise and financial flexibility, it supports high volume shippers of all sizes to help them optimize cashflow.

Pitney Bowes Financial Services is committed to delivering the liquidity businesses need to succeed, leveraging its one hundred years of leadership and firm, unwavering commitment to SMBs.

About Wheeler Financial from Pitney Bowes

Wheeler Financial from Pitney Bowes is a subsidiary of the Pitney Bowes Bank, Inc., Member FDIC, dedicated to helping small to lower middle market clients acquire the critical assets they need to grow and expand their business with innovative financing solutions. The Pitney Bowes Bank, together with Pitney Bowes, has been financing Pitney Bowes equipment for over 20 years. Our expansion into helping our clients finance other purchases reflect our continued commitment to helping our customers grow efficiently and effectively.

About Pitney Bowes

Pitney Bowes (NYSE:PBI) is a global technology company providing commerce solutions that power billions of transactions. Clients around the world, including 90 percent of the Fortune 500, rely on the accuracy and precision delivered by Pitney Bowes solutions, analytics, and APIs in the areas of ecommerce fulfillment, shipping and returns; cross-border ecommerce; office mailing and shipping; presort services; and financing. For 100 years Pitney Bowes has been innovating and delivering technologies that remove the complexity of getting commerce transactions precisely right. For additional information visit Pitney Bowes, the Craftsmen of Commerce, at www.pitneybowes.com.

John Spadafora

Pitney Bowes

M+1 518 708 3466

[email protected]

KEYWORDS: United States North America Connecticut

INDUSTRY KEYWORDS: Banking Technology Professional Services Small Business Air Transport Other Defense Aerospace Logistics/Supply Chain Management Manufacturing Software Networks Defense Mobile/Wireless Hardware Data Management Finance

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VMware Commits to Building a More Equitable, Sustainable and Resilient World

VMware Commits to Building a More Equitable, Sustainable and Resilient World

VMware’s 2030 Agenda integrates 30 Environmental, Social and Governance goals into the business

PALO ALTO, Calif.–(BUSINESS WIRE)–
VMware, Inc. (NYSE: VMW) today announced its 2030 Agenda, a decade-long commitment to address critical challenges facing the global community. The Company created 30 measurable goals to achieve by 2030 (30×30) that are focused on three outcomes relevant to its technology and business operations: Trust, Equity and Sustainability. The Company’s 2030 Agenda builds on VMware’s long-standing commitment to innovate for a better future.

“This year has created an even greater sense of urgency to take action on global and societal challenges so we’ve set bold goals that are core to our business and will have significant impact,” said Pat Gelsinger, chief executive officer, VMware, Inc. “In many ways, digital transformation is the backbone to building a better world. It not only creates a resilient global healthcare system, but also helps us overcome the digital divide and decarbonizes the planet. At VMware, we’re committed to building technology on a foundation of digital ethics that serves all stakeholders. We will work with our ecosystem to redefine what it means to be a force for good.”

With its technology leadership and expansive global reach, VMware is dedicated to driving tangible, measurable impact focused on three outcomes: Trust, Equity and Sustainability.

  • TRUST: VMware envisions a future where all stakeholders are effectively safeguarded from cyberattacks threatening our digital world. By approaching innovation from a foundation of digital ethics and stewardship, and focusing on intrinsic security, privacy-by-design and transparent business practices, VMware will build and protect trust among our people, customers, partners, shareholders and communities.
  • EQUITY: VMware firmly believes that technology will play a critical role in building a digital future that is equitable, accessible and inclusive for all. From our diversity, equity and inclusion commitments to our digital workspace technologies, we are redefining the workplace of the future. VMware is enabling distributed workforces to empower employees with equal opportunity, inclusive leadership and increased flexibility within our company and beyond. Through partnerships with academic institutions and nonprofit partners, we will help close the digital skills gap and make digital transformation more accessible for all.
  • SUSTAINABILITY: Sustainability is core to VMware’s values and future success. As a global corporate citizen, we have an opportunity and responsibility to innovate for a more resilient world by decarbonizing digital infrastructure across our customer ecosystem, value chain and our own operations. Through our collective efforts to drive net-zero emissions in our operations and Intrinsic Sustainability in our solutions, VMware will inspire the next generation of sustainable digital infrastructure.

“Our 2030 Agenda is transformative because our 30×30 goals are owned by our business leaders and built into everything we do—from the way we develop software and bring our solutions to market, to the way we build a culture of inclusion—and in this way we are aligning our core purpose with doing our part to create a more sustainable, equitable and resilient world,” said Nicola Acutt, Vice President, Environmental, Social and Governance (ESG). “To demonstrate our commitment, we are setting up an ESG Office to partner with our business leaders and help manage our progress.”

Some examples within the VMware 2030 Agenda include:

  • Protecting the world from cyberattacks by making security intrinsic to digital infrastructure.
  • Collaborating with our public cloud partners to achieve zero carbon operations by 2030.
  • Significantly increasing workload carbon efficiency in our customer’s digital operations.
  • Investing in transformative research that inspires the next generation of sustainable digital infrastructure.
  • Providing technical and durable digital skills acquisition to more than 15 million individuals through VMware IT Academy and other initiatives.
  • Hiring one woman for every one man and ensuring 50 percent of our managers are women or from an underrepresented community.
  • Achieving net-zero carbon emissions for our operations and supply chain and reduce our emissions 50 percent by 2030 from our 2018 baseline.
  • Engaging 75 percent of suppliers by spend to reduce their emissions by setting science-based targets by 2024.
  • Procuring 100 percent of our power from renewable energy sources.

VMware’s 2030 Agenda is inspired by a global call to action in the United Nation’s Sustainable Development Goals. The Company’s 2030 Agenda is integrated with our technology vision and builds on VMware’s 2015 five-year Global Impact Vision.

Please visit VMware’s 2030 Agenda website to learn more.

About VMware

VMware software powers the world’s complex digital infrastructure. The company’s cloud, app modernization, networking, security, and digital workspace offerings help customers deliver any application on any cloud across any device. Headquartered in Palo Alto, California, VMware is committed to being a force for good, from its breakthrough technology innovations to its global impact. For more information, please visit https://www.vmware.com/company.html.

Media Contact

Kristin Atkins

VMware Global Communications

+1 650-815-6934

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Software Mobile/Wireless Networks Philanthropy Data Management Technology Environment Security Fund Raising Foundation Other Philanthropy Telecommunications

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Ooma Offers Direct Routing for Microsoft Teams Through a Global Data Network for Reliable Voice Experiences

Ooma Offers Direct Routing for Microsoft Teams Through a Global Data Network for Reliable Voice Experiences

SUNNYVALE, Calif.–(BUSINESS WIRE)–Ooma, Inc., a smart communications platform for businesses and consumers, today announced it is now offering Direct Routing for Microsoft Teams (https://www.ooma.com/teams) through a global data network, connecting Teams users to external phone lines and transforming Teams into a highly reliable business phone system.

Microsoft Teams is rapidly gaining popularity, reaching 115 million daily active users as of last month, among organizations of all sizes seeking a powerful unified communications as a service (UCaaS) solution for video conferencing, screen sharing and chat. However, Teams does not include an out-of-the-box connection to the Public Switched Telephone Network (PSTN) for making phone calls outside of the organization.

With Direct Routing from Ooma, every device enabled with the Teams app – desktops, laptops, smart phones and tablets – becomes a fully functional business phone, managed through an online portal designed for non-technical system administrators to easily make changes once the system is up and running.

Ooma’s cloud-based platform supports more than two million users, delivering the scale required for reliable, high-quality service. While most providers of Direct Routing for Teams use either the public internet without modification or use multi-protocol label switching (MPLS) to shorten data paths, Ooma supports both methods for superior voice quality. Ooma also maintains seven global data centers for robust redundancy during outages and to reduce latency by connecting calls through the closest data center location.

“Our channel partners and prospects are telling us they want to turn Microsoft Teams into a true UCaaS solution by adding PSTN connectivity, without unnecessary cost or complexity,” said Rob Ferrer, vice president of business sales at Ooma. “Ooma strives to offer the highest voice quality, the smoothest implementation and the most flexibility in meeting customer needs. We built Ooma’s Direct Routing service for Teams on that heritage to provide the easiest onramp for dial tone, with competitive and flexible pricing as well as personalized support that eliminates implementation headaches.”

For more information on Ooma’s Direct Routing service for Microsoft Teams, please visit https://www.ooma.com/teams.

About Ooma, Inc.

Ooma (NYSE: OOMA) creates powerful connected experiences for businesses and consumers, delivered from its smart cloud-based SaaS platform. For businesses of all sizes, Ooma provides advanced voice and collaboration features that are flexible and scalable. For consumers, Ooma’s residential phone service provides PureVoice HD voice quality, advanced functionality and integration with mobile devices. Ooma’s innovative smart security solution delivers a range of wireless security sensors that make it easy for anyone to protect their home. Learn more at www.ooma.com or www.ooma.ca in Canada.

MEDIA CONTACT:

Mike Langberg at Ooma

[email protected]

650-566-6693

INVESTOR CONTACT:

Matt Robison at Ooma

[email protected]

650-300-1480

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: VoIP Software Mobile/Wireless Networks Internet Data Management Consumer Electronics Technology Security Audio/Video Other Technology Telecommunications

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Wolters Kluwer leader named by Accounting Today as a top influencer in the accounting profession

Wolters Kluwer leader named by Accounting Today as a top influencer in the accounting profession

NEW YORK–(BUSINESS WIRE)–Wolters Kluwer Tax & Accounting announced today that Jason Marx, CEO of its Wolters Kluwer Tax & Accounting North America business, was recognized nationally among the top influencers in the profession by the tax and accounting publication, Accounting Today. In its newly published list of “Top 100 Most Influential People in Accounting” for 2020, Accounting Today named Jason Marx to the annual list of top thought leaders and visionaries who are shaping the future of the profession.

Accounting Today recognized Marx for “working closely with [Wolters Kluwer] users in accounting firms to deliver tools that help them do more work both better and more efficiently,” and in turn helping firms better navigate the increasingly complex and challenging business landscape and take advantage of new technologies to help grow, manage, and protect their businesses and their clients’ businesses.

This latest recognition follows a recent announcement that Karen Abramson, CEO of the Wolters Kluwer Tax & Accounting Global Division, was named for the sixth time as one of the Most Powerful Women in Accounting by the American Institute of Certified Public Accountants (AICPA) and the CPA Practice Advisor publication.

View the complete list of Accounting Today’s 2020 Top 100 Most Influential People here.

About Wolters Kluwer Tax & Accounting

Wolters Kluwer Tax & Accounting is a leading provider of software solutions and local expertise that helps tax, accounting, and audit professionals research and navigate complex regulations, comply with legislation, manage their businesses and advise clients with speed, accuracy, and efficiency.

Wolters Kluwer Tax & Accounting is part of Wolters Kluwer (WKL), a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with advanced technology and services.

Wolters Kluwer reported 2019 annual revenues of €4.6 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,000 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.

Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).

For more information, visit www.wolterskluwer.com, follow us on Twitter, Facebook, LinkedIn, and YouTube.

MARISA WESTCOTT

212-771-0853

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Data Management Banking Accounting Technology Professional Services Small Business Software Other Professional Services Networks Legal Finance

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Temenos Wins Business Culture Award for its Response and Support for Banks during Covid-19

Temenos Wins Business Culture Award for its Response and Support for Banks during Covid-19

Temenos recognized for ‘Best Business Culture in a Crisis’ at the prestigious Business Culture Awards 2020

GENEVA, Switzerland–(BUSINESS WIRE)–
Temenos (SIX: TEMN), the banking software company, today announced that it won the Business Culture Award 2020 for ‘Best Business Culture in a Crisis’. The prestigious awards celebrate forward-thinking companies that have created outstanding work-environments, enabling their employees to perform to their very best, facilitating exceptional business performance and customer delivery.

Temenos received the ‘Best Business Culture in a Crisis’ award for the strength of its culture and how it quickly supported banks through the crisis. In particular, the judges were impressed by Temenos’ vital solutions it offered to support banks, the company’s seamless transition to remote working, and the rapid move from physical to online events and channels.

Support included propositions designed to help banks in their immediate response to the pandemic but also to accelerate their digital transformation for the future. These Software-as-a-Service technology propositions ranged from helping banks to rapidly offer loans to small businesses and support their employees and the economy as a whole. This included helping US banks deliver billions of dollars in Paycheck Protection Program loans and enabling UK banks to accelerate loan applications under the government’s backed Bounce Back loans and Coronavirus Business Interruption Scheme (CBILS). Other propositions included financial crime mitigation solutions and opening up Temenos’ online learning community to banks for free.

Max Chuard, Chief Executive Officer, Temenos, said: “I’m so proud that the strength of our culture has shone through in such an exceptional year. Banks are being called upon to help society recover, by providing their customers with digital banking solutions, and by helping governments to roll out financial rescue packages. Supporting our people and our banking clients at this very difficult time required incredible agility, speed and innovation. It was a real test of our business and our Temenosity – caring for each other, never giving up or standing still, being ambitious and constantly looking ahead. Whilst we’re still adjusting to the ‘new normal’, we have seen great results from our approach, demonstrating the commitment of Temenosians and our ability to deliver banking solutions with real and lasting impact.”

The Business Culture Awards are hotly contested and other finalists this year included blue-chip companies such as Barclays, Cognizant, Lloyds Banking Group, McCann World Group, Sainsbury’s, and Volkswagen. For more information about the Business Culture Awards please visit: businesscultureawards.com

Temenos is also recognized by Great Place to Work as a top employer. The Great Place to Work program recognizes employers who invest in and value their people and organizational culture. Temenos was named one of Europe’s Best Places to Work in Europe and has and also achieved separate certifications for Best Workplace in India, the United Arab Emirates, Greece and Luxembourg.

– Ends –

About Temenos

Temenos AG (SIX: TEMN) is the world’s leader in banking software. Over 3,000 banks across the globe, including 41 of the top 50 banks, rely on Temenos to process both the daily transactions and client interactions of more than 1.2 billion banking customers. Temenos offers cloud-native, cloud-agnostic and AI-driven front office, core banking, payments and fund administration software enabling banks to deliver frictionless, omnichannel customer experiences and gain operational excellence.

Temenos software is proven to enable its top-performing clients to achieve cost-income ratios of 26.8% half the industry average and returns on equity of 29%, three times the industry average. These clients also invest 51% of their IT budget on growth and innovation versus maintenance, which is double the industry average, proving the banks’ IT investment is adding tangible value to their business.

For more information, please visit www.temenos.com.

Jessica Wolfe & Scott Rowe

Temenos Global Public Relations

Tel: +1 610 232 2793 & +44 20 7423 3857

Email : [email protected]

Alistair Kellie & Andrew Adie

Newgate Communications on behalf of Temenos

Tel: +44 20 7680 6550

Email: [email protected]

KEYWORDS: Switzerland Europe

INDUSTRY KEYWORDS: Technology Human Resources Finance Banking Other Technology Professional Services Software Training Data Management Education

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Worldpay from FIS and Visa Collaborate to Strengthen Digital Commerce Security and Convenience

Worldpay from FIS and Visa Collaborate to Strengthen Digital Commerce Security and Convenience

Key facts

  • Worldpay from FIS’ token management service will create direct connection to Visa Token Service, providing industry-leading global data protection services.
  • Through Click to Pay with Visa, merchants can offer an easy, smart and secure checkout experience.
  • Click to Pay with Visa is interoperable with Visa’s tokenization technology which protects the underlying card number from fraudsters.

JACKSONVILLE, Fla.–(BUSINESS WIRE)–FIS® (NYSE: FIS) today launched its token management service, offering online merchants and partners access to Visa Token Service to protect their payments environment and strengthen their digital commerce strategy. The service provides clients with access to industry-leading tokenization capabilities from Visa, which can help reduce risk of data theft while helping to retain customers through uninterrupted commerce and enhancing card not present authorization rates.

FIS will also enable Click to Pay with Visa, which provides online shoppers with a smarter, streamlined checkout experience. Shoppers do not need to repetitively enter Visa payment card, shipping and billing data, which can reduce cart abandonment rates. Click to Pay with Visa is particularly beneficial to merchants that have a high percentage of guest checkout transactions, delivering a faster and seamless payment experience. Worldpay will provide Click to Pay with Visa to its network of merchants, regardless of the merchants’ acquiring relationship.

Worldpay’s token management service is available to organizations globally through a single integration, which can handle both Worldpay and Visa payment tokens.

“As the shift to digital commerce accelerates globally, so does the need for products that enhance both security and authorization rates,” said Ansar Ansari, global head of platform products, Visa. “Worldpay’s approach through their token management service and Click to Pay with Visa will make tokenization and digital payment integration much easier for merchants, while enhancing security and the user experience for millions of online shoppers.”

Using Worldpay’s token management service seamlessly connects various Worldpay tokenization deployments across an enterprise while reducing the risk of handling sensitive data. By employing a tokenization strategy for card-on-file data, online merchants may also more easily comply with PCI requirements.

“This new token management service approach changes the rules on tokenization by unifying a variety of tokens and data types, making token management simpler for online merchants who are looking for more security and seamless payment experiences,” said Nicole Jass, SVP of Product at FIS. “Merchants and shoppers will both benefit from this increased level of security, which will help protect sensitive data across the entire payments ecosystem.”

About FIS

FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our employees are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500® company and is a member of Standard & Poor’s 500® Index.

To learn more, visit www.fisglobal.com. Follow FIS on Facebook, LinkedIn and Twitter (@FISGlobal).

Kim Snider, +1 904.438.6278

Senior Vice President

FIS Global Marketing and Communications

[email protected]

KEYWORDS: Florida United States North America

INDUSTRY KEYWORDS: Software Finance Banking Data Management Professional Services Technology Online Retail Retail

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Adobe Outlines Growth Opportunities at Financial Analyst Meeting

Adobe Outlines Growth Opportunities at Financial Analyst Meeting

Company Announces Incremental $15 Billion Stock Repurchase Program

SAN JOSE, Calif.–(BUSINESS WIRE)–
Adobe (Nasdaq:ADBE) today will host a virtual financial analyst meeting with investors and financial analysts, together with its fourth quarter fiscal year 2020 earnings conference call. In addition to sharing its financial outlook, Adobe’s executive team will outline the company’s vision, strategies and opportunities across Adobe Creative Cloud, Adobe Document Cloud, and Adobe Experience Cloud. As part of the financial analyst meeting, Adobe is announcing that its total addressable market has expanded to approximately $147 billion by 2023.

“Adobe’s proven ability to create new categories and consistently innovate across our creativity, digital documents and customer experience management businesses enables us to deliver unparalleled customer value,” said Shantanu Narayen, president and CEO, Adobe. “As a result of the strategic moves we’ve made and the digital tailwinds, our addressable market has expanded to approximately $147 billion in 2023.”

Adobe Authorizes $15 Billion Stock Repurchase Program

Adobe also announced its board of directors has approved a new stock repurchase authority, granting the company additional authority to repurchase up to $15 billion in common stock through its fiscal year 2024. Under the program, which is designed to return value to Adobe’s stockholders, offset dilution from stock issuances, and reduce share count over time, the company may repurchase shares in the open market and enter into structured repurchase agreements with third parties. The previous program authorizing the repurchase of up to $8 billion in common stock through fiscal year 2021 is expected to be exhausted in the first half of 2021. The new program is expected to be funded from Adobe’s future cash flows from operations and is incorporated into the company’s fiscal year 2021 financial targets.

“Our ability to increase Adobe’s stock repurchase program while continuing to execute on our long-term priorities demonstrates our commitment to returning value and excess cash to our stockholders,” said John Murphy, executive vice president and CFO, Adobe.

Adobe to Webcast Financial Analyst Meeting

Adobe will webcast its meeting with financial analysts and investors, its fourth quarter fiscal year 2020 earnings conference call, beginning at 8:00 a.m. Pacific Time today. People can access the webcast and slides from this event from the Adobe Investor Relations webpage at www.adobe.com/ADBE. The live video webcast will last approximately three hours and will be archived on Adobe’s website for approximately 30 days. There will be no phone dial-in capability.

Forward-Looking Statements Disclosure

This press release contains forward-looking statements, including those related to Adobe’s stock repurchases, cash flow, use of cash, business momentum and strategy, and market expansion, all of which involve risks and uncertainties that could cause actual results to differ materially including but not limited to, risks and uncertainties described in Adobe’s Annual Report on Form 10-K for our fiscal year 2019 ended Nov. 29, 2019, and Adobe’s Quarterly Reports on Form 10-Q issued in fiscal year 2020. For further discussion of these and other risks and uncertainties, individuals should refer to Adobe’s SEC filings.

About Adobe

Adobe is changing the world through digital experiences. For more information, visit www.adobe.com.

© 2020 Adobe. All rights reserved. Adobe, Creative Cloud, Document Cloud, Adobe Experience Cloud and the Adobe logo are either registered trademarks or trademarks of Adobe (or one of its subsidiaries) in the United States and/or other countries. All other trademarks are the property of their respective owners.

Investor Relations Contact

Jonathan Vaas

Adobe

[email protected]

Public Relations Contact

Ramona Redlingshafer

Adobe

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Software Technology Internet Consumer Electronics

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Twist Bioscience Expands Gene Product Line with Launch of Clonal-Ready Gene Fragments

Twist Bioscience Expands Gene Product Line with Launch of Clonal-Ready Gene Fragments

— Complete Gene Offering Improved Efficiency for Customers —

SOUTH SAN FRANCISCO, Calif.–(BUSINESS WIRE)–
Twist Bioscience Corporation (NASDAQ: TWST), a company enabling customers to succeed through its offering of high-quality synthetic DNA using its silicon platform, today announced the launch of Clonal-Ready Gene Fragments, providing customers with a complete offering for genes. Twist’s best-in-class Gene Fragments, with and without adapters, can be used to build constructs and minimize the time and cost of screening for perfect clones.

“Our industry-leading production process delivers high quality Gene Fragments quickly, reliably, and affordably so that our customers can order the DNA that they want exactly how they want it,” said Emily M. Leproust, Ph.D., CEO and co-founder of Twist Bioscience. “Importantly, we are now able to better address a segment of the synthetic biology market who make their own Clonal Genes rather than purchasing them, reaching the large number of customers that need smaller amounts of DNA to facilitate their experiments seamlessly.”

Gene Fragments begin as oligonucleotides synthesized on Twist Bioscience’s proven semiconductor-based silicon platform. The oligonucleotides are then annealed together and PCR-amplified to produce a double-stranded DNA fragment and error-corrected through an enzymatic reaction. The resulting product is a ready-to-use Gene Fragment that is compatible with many applications including cloning, gene and protein expression, pathway and enzyme engineering and enzyme optimization.

Based on a comparative study conducted by Twist, Twist Gene Fragments demonstrated the lowest error rate, with a nearly 2-fold improvement across all Gene Fragment size ranges at 1:5,300. For shorter oligonucleotides 300 to 800 base pairs in length, the error rate was 1:6,200. Low error rates translate into the selection of fewer colonies, saving time and budget.

Click for more information about Twist Gene Fragments and to order click here.

About Twist Bioscience Corporation

Twist Bioscience is a leading and rapidly growing synthetic biology and genomics company that has developed a disruptive DNA synthesis platform to industrialize the engineering of biology. The core of the platform is a proprietary technology that pioneers a new method of manufacturing synthetic DNA by “writing” DNA on a silicon chip. Twist is leveraging its unique technology to manufacture a broad range of synthetic DNA-based products, including synthetic genes, tools for next-generation sequencing (NGS) preparation, and antibody libraries for drug discovery and development. Twist is also pursuing longer-term opportunities in digital data storage in DNA and biologics drug discovery. Twist makes products for use across many industries including healthcare, industrial chemicals, agriculture and academic research.

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Legal Notice Regarding Forward-Looking Statements

This press release contains forward-looking statements. All statements other than statements of historical facts contained herein, including without limitation statements regarding the ability of the Clonal-Ready Gene Fragments to minimize the time and cost of screening for perfect clones for customers, are forward-looking statements reflecting the current beliefs and expectations of management made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties, and other important factors that may cause Twist Bioscience’s actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, the risks and uncertainties set forth in Twist Bioscience’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on November 27, 2020, the preliminary prospectus supplement related to the public offering and subsequent filings with the SEC. Any of these risks and uncertainties could materially and adversely affect Twist Bioscience’s results of operations, which would, in turn, have a significant and adverse impact on Twist Bioscience’s stock price. Any forward-looking statements contained in this press release speak only as of the date hereof, and Twist Bioscience specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

Twist Bioscience Media Contact:

Angela Bitting

925- 202-6211

[email protected]

Twist Bioscience Investor Contact:

Argot Partners

Maeve Conneighton

212-600-1902

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Biotechnology Technology Other Health Health General Health Pharmaceutical Other Science Research Nanotechnology Genetics Science

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