TechTrends

Harnessing Information to Amplify the Asian American Voice

2025-11-01 12:39:31

In an era where data forms the backbone of strategic planning, organizations like Kundiman, which are committed to fostering Asian American literature, often face the challenge of managing fragmented data. To address these issues, JPMorganChase's Force for Good initiative steps in—a program within the Tech for Social Good framework that demonstrates the power of corporate knowledge in aiding non-profit entities to surmount technological barriers and broaden their reach. Kundiman, founded in 2004, has been a haven for Asian American authors, providing them with retreats, virtual classes, and workshops. With over 250 writers having attended their retreats and approximately 400 books written by these individuals, Kundiman has made a substantial contribution to the literary world. However, as Kundiman's reach and activities have grown, so too has the intricacy of data gathering required for their operations. Traditionally, Kundiman utilized a donor management system for contact management and gathered data through various survey tools, resulting in inconsistencies, particularly in documenting ethnicities. The array of terms participants used to express their ancestry complicated the standardization and accurate analysis of demographic information. Kundiman's primary objective was to streamline these data streams, minimize manual data intervention, and enhance data precision. The Force for Good team, motivated by Kundiman's mission, tackled this challenge by introducing a pre-configured workflow automation solution to synchronize and automate data transfer across platforms. This strategy ensures that data from multiple sources can be automatically synchronized with a centralized database, eliminating manual input and reducing errors. The project's influence went beyond simple data aggregation. It enabled Kundiman to monitor demographic trends and pinpoint communities requiring assistance. As the pandemic and economic hardships altered the needs of Asian American communities, precise demographic monitoring became critical. A 2022 report by Equitable Growth indicated that Asian Americans in New York City experienced longer unemployment durations and higher poverty rates than other ethnic groups. Armed with this insight, Kundiman's capacity to adjust and extend support became increasingly vital. The project's triumph was a reflection of the collaborative ethos and commitment of all parties involved. The Force for Good team not only delivered a technological solution but also provided training and documentation, ensuring that Kundiman's staff could manage the new system independently. This holistic approach ensured lasting benefits and sustainability for Kundiman. The Force for Good program's partnership with Kundiman illustrates how strategic, considerate technological interventions can drive substantial social change. It highlights the significance of the Force for Good's ongoing support and innovation in the non-profit sector, ensuring that organizations like Kundiman can flourish and persist in their crucial endeavors.

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Advancing Our Dedication to Open Source Security

2025-11-08 03:25:17

The community of open source software (OSS) enthusiasts convened at the Open Source Security Foundation's (OpenSSF) Secure Open Source Software Summit in Washington, DC, to foster collaboration across various sectors including business, government, and essential infrastructure. Open source software, freely accessible for utilization and modification, is a driving force behind innovation for many tech professionals. At JPMorgan Chase, our extensive team of over 57,000 technologists integrates numerous open source components into our tools, providing a competitive advantage for our company, clients, and customers. Why is the security of Open Source Software crucial? The collaborative and open nature of OSS allows tech experts to tackle common issues together, leading to software that supports vital operations in both public and private sectors, including national security systems and essential infrastructure. While OSS's open accessibility spurs innovation, it can also be exploited by malicious actors to identify and target vulnerabilities in widely-used code, impacting organizations on a broad scale. The recent surge in high-profile OSS attacks highlights the necessity for robust public-private partnerships to create tools and solutions that support the many volunteers maintaining OSS. We all have a part to play in enhancing OSS security, and we invite others who utilize open source to join us in this vital endeavor. What achievements has the Open Source Community made in the past year? In May 2022, OpenSSF introduced the Open Source Software Security Mobilization Plan, instrumental in guiding industry and government initiatives to safeguard the open source software supply chain. The plan has prompted improvements in OSS security education and the creation of tools like Sigstore, for secure software validation, and Alpha-Omega, for identifying and resolving vulnerabilities in popular packages. JPMorgan Chase, in collaboration with other financial entities, established the Financial Services Information Sharing and Analysis Center (FS-ISAC) Supply Chain working group. This group aims to share emerging supply chain threats with the financial sector and develop guidance to counter such threats, exemplified by the Software Supply Chain Primer White Paper published in 2025. What transpired at the Summit? Summit attendees explored security challenges in OSS consumption across critical infrastructure sectors, the potential for leveraging AI advancements to bolster OSS security, and the shared responsibility to enhance OSS resilience in critical infrastructure. The significant U.S. Government presence at the Summit underscores the public sector's commitment and backing for initiatives aimed at improving OSS security and fostering strong public-private partnerships for more secure outcomes. The summit concluded with discussions on strategies for achieving tangible results aligned with three objectives for the coming year: (1) providing security education for OSS developers and stakeholders, (2) bolstering the security of OSS repositories, and (3) facilitating cross-collaboration for incident response. What are our next steps? There is further work to be done in enhancing tools to counter software supply chain attacks. We recognize the importance of supporting OSS evaluation tools like Security Scorecard, an automated security tool that helps users assess the risks associated with their software dependencies, and Software Bill of Material (SBOM) capabilities, which provide an inventory of application components. At JPMorgan Chase, our security teams are致力于 developing such solutions and are collaborating with organizations like OpenSSF to create more integrated tooling and capabilities that will foster safer practices and prevent significant future software supply chain security breaches. Fulfilling Our Role JPMorgan Chase is steadfast in our commitment to partnerships aimed at improving open source security. As a founding member of OpenSSF and through our leadership in the Financial Services Sector Coordinating Council (FSSCC) and the Financial Services Information Sharing and Analysis Center (FS-ISAC), we will continue to play an active role in supporting and shaping the efforts of both industry and government to secure the open source software ecosystem.

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Leveraging Data to Strengthen the Asian American Narrative

2025-11-21 06:30:43

Amidst a landscape where data serves as the foundation for strategic decisions, organizations such as Kundiman, dedicated to nurturing Asian American literature, often grapple with the complexities of fragmented data management. In response to these challenges, JPMorganChase's Force for Good initiative emerges—a program under the Tech for Social Good umbrella that showcases the potential of corporate expertise in assisting non-profit organizations to overcome technological hurdles and expand their impact. Kundiman, established in 2004, has been a sanctuary for Asian American writers, offering them retreats, online classes, and workshops. With over 250 writers having participated in their retreats and around 400 books authored by these participants, Kundiman's contribution to literature is significant. However, as Kundiman's influence and activities have expanded, so has the complexity of data collection necessary for their operations. Historically, Kundiman relied on a donor management system for contact management and collected data through various survey tools, leading to inconsistencies, especially in recording ethnic backgrounds. The diverse terms used by participants to describe their heritage complicated the standardization and precise analysis of demographic data. The primary goal for Kundiman was to streamline these data streams, reduce manual data handling, and improve data accuracy. The Force for Good team, inspired by Kundiman's mission, addressed this challenge by implementing a pre-built workflow automation solution to harmonize and automate data transfer across different platforms. This approach ensures that data from various sources can be automatically updated in a centralized database, eliminating the need for manual entry and reducing errors. The project's impact extended beyond mere data consolidation. It empowered Kundiman to track demographic trends and identify communities in need. As the pandemic and economic challenges shifted the needs of Asian American communities, accurate demographic tracking became essential. A 2022 report by Equitable Growth revealed that Asian Americans in New York City faced longer periods of unemployment and higher poverty rates compared to other ethnic groups. With this knowledge, Kundiman's ability to adapt and extend their support became increasingly crucial. The project's success was a testament to the collaborative spirit and dedication of all parties involved. The Force for Good team not only provided a technological solution but also offered training and documentation, ensuring that Kundiman's staff could independently maintain the new system. This comprehensive approach guaranteed long-term benefits and sustainability for Kundiman. The Force for Good program's collaboration with Kundiman exemplifies how strategic, thoughtful technological interventions can lead to significant social change. It underscores the importance of the Force for Good's ongoing support and innovation within the non-profit sector, ensuring that organizations like Kundiman can thrive and continue their vital work.

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Elevating Brand Presence in Mobile Payment Markets: Seven Expert Strategies

2025-10-26 16:20:11

The rise of mobile payment solutions has transformed the way consumers transact, offering unparalleled convenience and accessibility. In 2016 alone, mobile phones facilitated purchases worth $27 billion, with the average individual spending approximately $721 throughout the year. This surge underscores the importance for mobile payment companies to amplify their online brand presence, ensuring they remain top-of-mind for customers. This article delves into strategic insights for maximizing your financial brand's visibility in the mobile payment landscape. Understanding Online Presence A robust online presence is crucial for attracting and retaining customers. An effective online profile makes your brand easily discoverable on the internet and social media, thereby simplifying the path for potential customers to engage with your business. A strong online presence leverages multiple digital channels to deliver a seamless customer experience. The key is to identify the platforms that align with your business goals and resonate with your audience. For instance, retailers can enhance their online presence by integrating e-commerce, mobile commerce, and social media platforms with their physical stores, offering customers various avenues to explore, purchase, and interact with the brand. Seven Strategies to Maximize Mobile Payment Brand Presence 1. Consistent Branding Strategy In the competitive landscape of mobile payment apps, consistency is paramount. Ensure your brand's style, tone, and message are uniform across social media, blogs, and websites. Consistent branding fosters recognition and trust, encouraging customer engagement. Focus on core aspects of your mobile payment service, such as security, ease of use, or innovation, and build your brand around these attributes. This strategic focus will help customers understand and connect with your offerings, driving engagement with your mobile payment app. 2. Develop and Optimize Your Website A well-designed and optimized website is essential for any business accepting mobile payments. Your website serves as the first point of contact for customers seeking information about your products and services. Ensure it is SEO-friendly, featuring relevant keywords and engaging landing pages tailored to your target audience. Regularly updating your website with fresh content not only attracts more visitors but also enhances your brand's credibility, driving increased traffic and revenue. 3. Maintain a Strong Social Media Presence A strong social media presence is crucial for expanding your reach in the mobile payment market. Platforms like Facebook, Twitter, and Instagram provide cost-effective ways to connect with a broad audience, many of whom are already familiar with mobile payment options. Identify the social media platforms your audience frequents and tailor your content accordingly. Post consistently with engaging and relevant content to boost visibility and attract potential customers. An active social media strategy enhances brand awareness and loyalty. 4. Implement a Robust Content Marketing Strategy To stand out in the crowded financial services market, mobile payment companies need a solid content marketing strategy. Create high-quality, engaging content that highlights the efficiency, convenience, and security of your mobile payment solutions. Addressing customer concerns and industry trends through informative content can significantly enhance customer engagement and brand credibility. Targeting the right audience with the right content at the right time is key to driving interaction and conversion. 5. Start a Blog Maintaining an informative blog can build trust and increase online exposure for mobile payment companies. Regularly updated blogs provide valuable insights, industry news, and solutions to common customer problems, positioning your brand as a reliable source of information. Frequent, high-quality blog posts attract and engage readers, converting them into loyal customers and boosting your brand's reputation. 6. Leverage Customer Reviews Customer reviews and testimonials are vital for building trust and enhancing your brand's reputation. Positive reviews from satisfied customers can be prominently displayed on your website and social media platforms, reinforcing your credibility. Actively seek out and share positive customer feedback to build trust and brand recognition. Customer reviews can significantly impact your online reputation, attracting new customers and establishing your business as a trustworthy service provider in the mobile payment industry. 7. Focus on Branding, Not Sales For mobile payment companies with limited marketing budgets, prioritizing branding over immediate sales can yield long-term success. Effective branding strategies focus on building trust, authority, and emotional connections with the audience, rather than pushing sales aggressively. Highlight your brand's personality and values across all marketing channels, creating a memorable and trustworthy brand image. This approach fosters long-term customer loyalty and consistent growth. Conclusion Adopting these digital marketing strategies can significantly enhance your brand's presence in the mobile payment market. By fostering strong relationships with existing customers and attracting new ones through engaging content, social media interaction, and consistent branding, mobile payment companies can achieve sustained growth and success. Utilizing inclusive and comprehensive marketing tools will ensure that your brand resonates with today's diverse consumers, driving adoption and loyalty in the competitive mobile payment landscape.

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Embrace the spirit of AfroTech, a hub of creativity and camaraderie!

2025-11-16 04:37:32

Nate West, Senior Data Scientist, Asset & Wealth Management Technology My November 2022 adventure at AfroTech was a pivotal moment in building connections with the Black tech community. The atmosphere was electric, filled with like-minded individuals who, like me, were deeply passionate about tech. This event was not just a source of inspiration; it was a profound affirmation of my identity as an engineer. For a multitude of reasons, AfroTech holds a cherished spot in my heart. It was at AfroTech where I first crossed paths with my current supervisors from JPMorgan Chase, who have since steered our team to great heights. Since joining their ranks, I've witnessed and been part of significant professional and personal growth. A year later, I returned to AfroTech, this time as a representative of JPMorgan Chase. The experience was surreal, as I transitioned from participant to corporate ambassador. I was struck by the eagerness of global tech professionals to learn about our firm's offerings. Engaging with students and early-career individuals, hearing their stories and ambitions, was an incredibly fulfilling experience. Our firm had nearly 80 representatives and approximately 800 candidates actively seeking opportunities with us. I was fortunate to attend workshops on Generative AI and its application in business processes, which were both enlightening and motivating. The excitement around this technology was tangible, with my favorite session spotlighting GenAI's impact on software development lifecycles. AfroTech is indeed a catalyst for change, and I'm proud that JPMorgan Chase has been a sponsor for the past two years. The firm's dedication to diversity and investment in its workforce is a driving force behind my motivation and encouragement. Jeffery Rhymes, Vice President, Global Technology Diversity, Equity and Inclusion Lead My inaugural AfroTech conference was a memorable one, with the weather perfectly complementing the event. Upon arriving in Austin, Texas, on November 1st, I was met with a refreshing climate that set the stage for a cozy first day. As Day 2 commenced, the warmth intensified, and our JPMorgan Chase booth in the Expo Hall came to life with vigor. We showcased our excellence by inviting technologists from across the firm to engage with and interview potential candidates. The event was a testament to Black excellence, with entrepreneurs, technologists, and leaders taking charge of their futures and enjoying the conference to the fullest. The strategy was clear: start strong and maintain momentum. By Day 3, the conference's stellar reputation was evident. The AfroTech experience had fully materialized, with a day packed with sessions and activities that provided ample opportunities for personal growth. Attendees were fully engaged in empowering, thought-provoking, and culturally relevant experiences. The goal was to seize every opportunity available. Day 4, the grand finale of the conference, was about departing with more knowledge and skills than you arrived with. Whether it was gaining insights to enhance your personal brand or participating in on-site interviews to advance your career, AfroTech was designed to make your experience unforgettable. The mission was clear: leave with an enhanced version of yourself.

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5 Creative Ways to Leverage ChatGPT for Your New Year’s Goals

2025-11-09 15:55:54

As the calendar turns to a new year, many of us set grand intentions for self-improvement – but, as history often proves, those resolutions can fizzle out before long. Whether your ambitions include adopting healthier habits, saving more money, or finally tackling the monumental task of reading War and Peace, ChatGPT can be your ultimate companion in staying focused and motivated. From refining your goals to overcoming obstacles along the way, this AI-powered tool is here to provide you with guidance, support, and even the occasional reality check when your goals start to veer off course (like when you try to justify "eating cake for breakfast" as a healthy fruit substitute). Here are five innovative and fun ways you can make ChatGPT your secret weapon in achieving your 2025 goals. 1. Tailor-Made Resolutions Crafting resolutions that speak to your passions is the key to maintaining motivation. ChatGPT shines when it comes to helping you think outside the box and come up with unique goals that suit your personal interests. Forget the usual clichés like "lose weight" or "spend less." Instead, share your hobbies, such as photography, travel, or acquiring new skills, and ChatGPT will help you develop resolutions like starting a daily photo journal, learning to greet people in multiple languages, or unearthing hidden gems in your local area. For instance, imagine telling ChatGPT about your love for photography or your desire to explore new cultures. The AI might suggest a resolution like taking one photo a day to build a digital yearbook, or challenging yourself to learn how to say "hello" in 52 different languages. These kinds of personalized resolutions are more likely to keep you motivated for the long haul. However, beware of setting conflicting goals—like vowing to be a better baker while also committing to a fitness regimen. If you're not careful, you might find yourself baking a cake every day! But with personalized goals, you're more likely to stay engaged and see it through. 2. Step-by-Step Action Plans Large, ambitious goals can feel daunting and difficult to navigate. ChatGPT is great at breaking them down into bite-sized, actionable steps. Suppose your resolution is to write a novel. ChatGPT can suggest a structured timeline, such as spending January outlining your story, dedicating the next six months to writing 500 words daily, and wrapping up the year with editing and feedback from beta readers. A clear, actionable plan like this makes what seemed impossible much more achievable. However, be cautious about overloading yourself. Trying to learn Spanish, write a novel, train for a marathon, and start a side business all at once can quickly become overwhelming. While ChatGPT will happily provide plans for each of these endeavors, by March, you might find yourself juggling too many projects—none of them getting the attention they need. 3. Your Personal Accountability Partner Sometimes, sticking to your resolutions requires an external nudge. ChatGPT can act as your personal accountability buddy, offering a judgment-free space to track progress and setbacks. Instead of sharing your goals with family or friends, where it might feel awkward, you can confide in ChatGPT and receive constant support. You can proudly share milestones—like sticking to your workout routine—and ChatGPT will celebrate your achievements, offering praise and motivation. If you fall short of your goals, the AI will provide gentle suggestions to help you get back on track. However, keep in mind that ChatGPT doesn’t always catch sarcasm or self-deprecating humor. Telling it you ate an entire box of donuts and asking if it's "carb-loading" for a run might prompt concern rather than the laughter you're hoping for. 4. Overcoming Roadblocks Challenges are inevitable when working toward any goal, and this is where ChatGPT can shine. When you're stuck or facing obstacles, simply explaining your issue to the AI can lead to tailored, practical solutions. For instance, if evening workouts aren’t happening due to fatigue, ChatGPT might suggest switching to morning sessions, shortening your workout time, or even finding a workout buddy for extra motivation. The AI's flexibility and personalized advice can help you adjust and move past roadblocks. Just remember—honesty is key. If you're making excuses (like claiming that a walk to the ice cream shop counts as cardio), ChatGPT will see right through it. 5. Celebrating Wins with AI When you reach your milestones, ChatGPT is excellent at helping you recognize your achievements and plan meaningful rewards. It acts like a personal cheerleader, offering suggestions to keep the momentum going. For instance, if you’ve been consistently meditating each day, ChatGPT might recommend treating yourself to a relaxing spa day, upgrading to a premium meditation app, or even sharing your journey with others to inspire them. While you still provide the prompts, these external reminders of your progress can feel more fulfilling, adding an extra layer of motivation to keep you moving forward.

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Dive into the vibrant world of AfroTech, a beacon of innovation and unity!

2025-10-27 12:06:20

Nate West, Senior Data Scientist, Asset & Wealth Management Technology My journey to AfroTech in November 2022 was a defining experience in my quest to connect with the Black tech ecosystem. The environment was charged with energy, a gathering of tech enthusiasts who, like myself, were ardently devoted to the field. This gathering was more than just a source of motivation; it was a deep validation of my engineering identity. For various reasons, AfroTech has a special place in my heart. It was at AfroTech that I first encountered my current mentors from JPMorgan Chase, who have since propelled our team to new heights. Since joining their team, I've been part of significant professional and personal advancements. A year later, I returned to AfroTech, this time as a JPMorgan Chase representative. The experience was transformative as I shifted from being a participant to a corporate envoy. The eagerness of global tech professionals to learn about our firm was striking. Interacting with students and early-career individuals, listening to their aspirations, was incredibly rewarding. Our firm had nearly 80 representatives and approximately 800 candidates actively pursuing opportunities with us. I had the privilege of attending workshops on Generative AI and its role in business processes, which were both enlightening and invigorating. The buzz around this technology was palpable, with my favorite session highlighting GenAI's influence on software development lifecycles. AfroTech is indeed a force for transformation, and I'm proud that JPMorgan Chase has been a sponsor for the past two years. The firm's commitment to diversity and investment in its workforce is a key factor in my drive and encouragement. Jeffery Rhymes, Vice President, Global Technology Diversity, Equity and Inclusion Lead My first AfroTech conference was unforgettable, with the weather perfectly setting the tone for the event. Upon arrival in Austin, Texas, on November 1st, I was greeted by a refreshing climate that set the stage for a cozy start. As Day 2 began, the warmth grew, and our JPMorgan Chase booth in the Expo Hall came alive with enthusiasm. We demonstrated our prowess by inviting technologists from across the firm to engage with and interview potential candidates. The event was a celebration of Black excellence, with entrepreneurs, technologists, and leaders shaping their destinies and fully enjoying the conference. The strategy was clear: start strong and keep the momentum going. By Day 3, the conference's stellar reputation was apparent. The AfroTech experience was in full swing, with a day filled with sessions and activities that offered ample opportunities for personal growth. Attendees were deeply engaged in empowering, thought-provoking, and culturally relevant experiences. The goal was to seize every opportunity available. Day 4, the grand finale of the conference, was about leaving with more knowledge and skills than you arrived with. Whether it was gaining insights to enhance your personal brand or participating in on-site interviews to advance your career, AfroTech was designed to make your experience unforgettable. The mission was clear: depart with an enhanced version of yourself."

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Guidelines to Protect Your Gadgets from Malicious Code

2025-11-02 19:23:27

Cyber attackers frequently deceive users by bundling malware, viruses, spyware, or other harmful components with genuine software. Here are some top strategies to ensure that you're installing authentic apps and software on your smartphones and computers. Please note that these suggestions are solely for informational purposes. DESKTOPS AND LAPTOPS (INCLUDING WINDOWS, MAC, AND CHROMEBOOKS) Acquire from reliable platforms. When seeking software, make sure it's from a reputable source. Investigate the software you intend to use and go to the official site of the provider to confirm its authenticity and compatibility with your system. Download software straight from the provider's official site or from recognized app marketplaces, like the Microsoft Store for Windows or the Mac App Store. Official software vendors check their apps for security issues and frequently roll out updates. Downloading from other sources might put you at risk of security threats and other hazards. Scan before installation. Use your antivirus program to scan the downloaded file to ensure it's malware-free. This adds an extra layer of safety. Then, find the downloaded file and double-click to initiate the installation. Follow the prompts to complete the setup. Activate auto-updates. After installing, check for any pending software updates. Visit the software's official site or, if available, use its built-in update feature to make sure you have the most recent version. Enable auto-updates to ensure you don't miss crucial security patches and updates. Consequences of inadvertently installing malware-infected software on your computer: Malware can collect sensitive data and potentially take remote control of the affected computer by capturing information and possibly recording keystrokes, executing harmful code. It may install damaging software, jeopardizing security. While the computer might initially seem normal, a compromised system may later exhibit sluggish performance, display unexpected pop-up ads, or frequently crash. In extreme cases, the attacker gains total control over the device, potentially rendering the computer inoperable and accessing personal accounts leading to financial loss or identity theft. Keep in mind: "Free" downloads aren't always free. Be cautious with "free" software or if you're unsure about its legitimacy, as it could be pirated. Such software might have been illegally altered, meaning it won't receive official updates, patches, or feature releases like genuine software. It might also contain malicious extras like malware or create openings for cybercriminals to exploit and control your device. Watch out for unsolicited links or pop-ups. If you encounter a pop-up urging you to update an app while browsing, it's likely a cybercriminal's trick to gain unauthorized access to your device. Avoid clicking on these links and close the pop-up right away. Be vigilant against SEO poisoning. Websites ranking high in search results may appear more legitimate, but appearances can be deceiving. SEO poisoning is a cyberattack that manipulates search engines to rank sites with malicious software higher in the results. Always verify the site, even if it's ranked highly. Avoid clicking on sponsored ad links, as they are often misused by malicious entities. SMARTPHONES AND TABLETS Many of us choose apps from Google Play Store, Apple App Store, or Amazon App Store, which conduct thorough checks before releasing apps – but they're not infallible. Even with trusted app stores, exercise caution when downloading apps. Before installing any app, consider the following steps. Verify the app's name. Ensure the spelling is accurate and there are no typos or misplaced/extra spaces.Examine the app's permissions. Be wary of apps requesting unnecessary or excessive permissions. For instance, does a calculator app really need access to your camera and location? Identify red flags in the app's description. These might include grammatical errors, vague or generic information, and a lack of specifics about the app's functionality. Examine the app's reviews. Look for reviews that mention fake offers or excessive ads. Consider

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AI in 2025: What's Next for ChatGPT, Apple Intelligence, and More

2025-11-14 13:38:35

As 2025 unfolds, artificial intelligence is no longer a futuristic concept—it’s here, and it’s shaping our world in ways we could never have imagined just a few years ago. After a transformative 2024, AI development continues at full speed, with companies like OpenAI, Meta, Google, and Apple pushing boundaries and introducing groundbreaking innovations. Here's a glimpse into what life with AI could look like in 2025. Smarter Devices, Smarter Life In 2025, AI won’t just be confined to smartphones. Apple’s AI technology will continue to power iPhones and Apple Watches, making Siri more proactive and responsive. Google Gemini is set to deepen its integration into Android and Chrome, providing seamless, intelligent experiences, especially with Google Pixel phones. Home appliances will also see a major upgrade. Companies like LG and Samsung are betting big on AI-powered refrigerators, ovens, and washing machines. Picture a fridge that can scan its contents, suggest recipes, and even add missing ingredients to your shopping list. AI will also extend to wearables, especially those that sit on your face. Meta’s next-gen Ray-Ban smart glasses and the Orion augmented reality headset will offer you immersive experiences, overlaying real-time information right in front of your eyes, essentially becoming an extra layer of your brain. The AI Assistant Revolution By 2025, AI assistants will no longer be limited to answering questions. They will anticipate your needs and proactively manage your daily tasks. Imagine ChatGPT reorganizing your schedule based on real-time traffic and weather updates, rescheduling a missed doctor’s appointment without your prompt, or even drafting a birthday card for a friend—complete with personalized gift suggestions. Google Gemini is working on similar predictive features within Google Workspace, while Amazon is enhancing Alexa with task prioritization and advanced calendar integration. The rise of such assistants will spell the end of juggling between apps and to-do lists. Instead, your smart devices will serve as hubs from which AI seamlessly manages both your personal and professional life. Think of it as having an omnipresent executive assistant who never needs a lunch break or overtime pay. Multimodal AI: Breaking the Boundaries of Sight, Sound, and Action In 2025, AI’s reach won’t be limited to text or voice recognition. The integration of image, video, and audio with text-based AI will be ubiquitous. While multimodal AI had a breakout year, in 2025 we will see it reach full integration. Imagine snapping a photo of a broken appliance and having your AI assistant not only suggest repair steps but also find the replacement part on Amazon and connect you to a local repair service. Apple’s Vision Pro headset, expected to refine its design later in 2025, will leverage multimodal AI, overlaying real-time data onto objects in your physical environment. For example, it could guide you through assembling furniture, identifying each part and offering step-by-step AR instructions. In creative industries, Adobe’s AI-powered Creative Cloud tools will make workflows more efficient, automatically generating mood boards or editing videos from simple text prompts. Microsoft will integrate multimodal AI into its Teams and Office applications, offering features like summarizing video calls and turning meeting notes into PowerPoint slides, complete with relevant visuals. AI in Social Media: New Faces, New Realities 2025 will be a turning point for AI’s role in social media, particularly within Meta’s Facebook and Instagram. AI-generated characters will take center stage, becoming influencers, fashion advisors, and even travel guides. These bots will assist users in planning vacations, suggesting restaurants, and syncing with Google Calendar to manage bookings. Meta’s "Metabots" project will likely integrate into Messenger, allowing users to interact with virtual stylists who curate outfits based on preferences and budget. These bots might also handle customer service issues, resolving order queries or account troubleshooting instantly, without the dreaded "please hold" music. However, as AI-generated content becomes more prevalent, platforms will face the challenge of distinguishing between real and synthetic accounts. While Meta has promised safeguards, balancing enhanced user experiences with maintaining trust will be a delicate task.

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Apple Settles Siri Privacy Lawsuit for $95 Million Over Accidental Recordings

2025-10-29 17:12:33

Apple has agreed to a $95 million settlement to compensate users whose conversations were unintentionally recorded by Siri and potentially overheard by human contractors. According to Bloomberg, the settlement would provide up to $20 per device for U.S.-based Apple users who own up to five Siri-enabled devices, though the payout amount will depend on the number of claimants. The settlement still requires court approval. If the deal is approved, it will cover users in the U.S. who owned or purchased a Siri-enabled device, such as an iPhone, iPad, Apple Watch, MacBook, iMac, HomePod, iPod touch, or Apple TV, between September 17, 2014, and December 31, 2024. Additionally, claimants must attest under oath that they accidentally activated Siri during a private or confidential conversation. Depending on the number of valid claims, the final payout may be less than the $20 maximum per device. The class action lawsuit stems from a 2019 report by The Guardian, which revealed that Apple contractors were regularly exposed to sensitive and confidential recordings, including medical details, drug transactions, and private conversations. While Siri is intended to be triggered by a specific wake word, a whistleblower revealed that accidental triggers were common, with even a simple sound like a zipper potentially activating the assistant. In response, Apple stated that only a small portion of Siri recordings were shared with contractors and later apologized, announcing that it would stop storing audio recordings. One of the plaintiffs, who was a minor, claimed that their iPhone recorded multiple conversations through Siri, sometimes without any wake word being spoken. Apple is not the only tech company accused of allowing contractors to listen to private recordings. Google and Amazon have also faced criticism for using contractors to listen to recorded conversations, including those captured by accident. Google is currently facing a similar lawsuit over the issue.

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Protecting Your Devices Against Malicious Code

2025-11-17 01:26:12

Cyber attackers frequently trick users by hiding malicious software, viruses, and spyware within software that appears to be legitimate. Here are some essential strategies to verify the authenticity of the applications and software you install on your devices. Please note, these guidelines are provided for informational purposes only. DESKTOPS AND LAPTOPS (INCLUDING WINDOWS, MAC, AND CHROMEBOOKS) Obtain software from reliable sources. When seeking out software, it's crucial to confirm its provenance to ensure it originates from a trustworthy platform. Investigate the software you intend to utilize and visit the official site of the provider to validate its legitimacy and compatibility with your device. Download software straight from the provider's site or from trusted app marketplaces, like the Microsoft Store for Windows or the Mac App Store. Reputable vendors consistently screen their apps for security issues and roll out updates. Downloading from unofficial sources could put you at risk for security threats and additional hazards. Scan files prior to installation. Use your antivirus program to examine the downloaded file to ensure it's malware-free. This adds an extra layer of security. Locate the file you've downloaded and initiate the installation by double-clicking. Follow the prompts on your screen to complete the installation process. Activate automatic updates. After the installation is complete, check for any available software updates. Visit the software's official website or use its built-in update feature to ensure you have the most current version. Turn on auto-updates to guarantee that you receive critical security patches and updates promptly. Consequences of installing software infected with malware: Malware can gather sensitive data and potentially seize control of the infected computer by capturing information and possibly recording keystrokes, executing harmful code. It may also install more harmful software, endangering security. While the computer might initially seem normal, a compromised system may later exhibit signs such as sluggish performance, unexpected pop-up ads, or frequent crashes. In extreme cases, the attacker could gain complete control over the device, potentially rendering the computer unusable and accessing personal accounts, leading to financial loss or identity theft. Keep in mind: "Free" downloads may come with hidden costs. Exercise caution with "free" software or if you're uncertain about its legitimacy, as it could be counterfeit. Such software might have been unlawfully altered, meaning it won't receive official updates, patches, or feature releases like legitimate software. It might also contain malicious extras like malware or provide opportunities for cybercriminals to exploit and control your device. Beware of unsolicited links or pop-ups. If you come across a pop-up urging you to update an app while browsing, it's likely a cybercriminal's attempt to gain unauthorized access to your device. Avoid clicking on these links and close the pop-up immediately. Stay vigilant against SEO poisoning. Websites ranking high in search results may seem more legitimate, but appearances can be deceiving. SEO poisoning is a cyberattack that manipulates search engines to rank sites with malicious software higher in the results. Always verify the site, even if it's ranked highly. Avoid clicking on sponsored ad links, as they are often misused by malicious entities. SMARTPHONES AND TABLETS Many of us select apps from the Google Play Store, Apple App Store, or Amazon App Store, which conduct thorough checks before releasing apps – but they're not infallible. Even with trusted app stores, exercise caution when downloading apps. Before installing any app, consider the following steps. Verify the app's name. Ensure the spelling is correct and there are no typos or misplaced/extra spaces.Examine the app's permissions. Be wary of apps requesting unnecessary or excessive permissions. For instance, does a calculator app really need access to your camera and location? Identify red flags in the app

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Meta Unveils 'Edits,' a New Video Editing App to Compete with CapCut

2025-11-17 12:38:29

Meta recently announced the launch of a brand-new video editing application called "Edits," coinciding with the removal of ByteDance's video editing tool CapCut from the Apple App Store and Google Play Store due to the TikTok ban. This new app is expected to debut on the iOS platform next month, with an Android version to follow. Adam Mosseri, head of Instagram, revealed on the Threads platform that the company is collaborating with select creators to gather feedback on the application. He stated, "We are excited to introduce 'Edits,' a new app designed specifically for mobile video creators. No matter how the market environment changes, our mission remains to provide creators with the highest-quality tools." According to Mosseri, Edits will feature a range of innovative functions, including an inspiration zone, a creative idea management module, and a high-quality camera feature. Notably, the app will also support users in sharing draft creations with friends or collaborators. Additionally, creators can access performance data of their videos on the Instagram platform through the app, helping them optimize their content strategies. Mosseri emphasized that Edits primarily targets professional creators rather than casual users. This differentiated positioning, though difficult to quantify, reflects Meta's deep understanding of the creator ecosystem. This move by Meta continues its consistent market strategy. Recall that in June 2020, after TikTok was banned in India, Meta quickly launched Instagram Reels in early July. In 2023, the company introduced Threads, a platform competing with X. Industry analysts suggest that CapCut's temporary absence has created development opportunities for other video editing tools, and even if CapCut is reinstated in the future, the market landscape may undergo significant changes. It is worth noting that Captions, a video editing app backed by a16z, recently shifted to a freemium model in an attempt to attract more users and compete with CapCut. These market dynamics indicate that the video editing tool sector is entering a new wave of competition and innovation.

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Continuing Our Commitment to Further Open Source Security

2025-10-26 16:56:21

The open source software (OSS) community gathered last week at the Open Source Security Foundation (OpenSSF) Secure Open Source Software Summit in Washington, DC to continue collaboration across industry, government, and critical infrastructure. Open source software is code that is freely available for anyone to use or modify. It drives innovation to many technologists working on world-class solutions, including JPMorgan Chase’s 57,000-plus technologists, who incorporate thousands of open source packages in developing tools that give our company, clients, and customers an edge. Why is securing Open Source Software important? OSS’s collaborative and freely accessible nature empowers technologists to collectively address shared challenges. The result is software that underpins critical functions across government and industry, including national defense systems and critical infrastructure. While the unique accessibility of OSS is a catalyst for innovation, it can also allow bad actors to find and include weaknesses in common code bases and exploit organizations at a large scale. We have witnessed a substantial number of high-profile attacks on OSS, underscoring the importance of strong public-private partnership to develop tools and solutions that will aid the many dedicated volunteers that maintain open source code. We are all responsible for bettering open source security, we encourage others using open source to join us in this critical effort. What has the Open Source Community accomplished in the last year? In May 2022, OpenSSF launched the Open Source Software Security Mobilization Plan, which was pivotal in shaping industry and government’s efforts to secure the open source software supply chain. The plan steered the enhancement of open source security education and the development of tools such as Sigstore, which enables secure validation of software, and Alpha-Omega, which finds and fixes vulnerabilities in the most commonly used packages. JPMorgan Chase, along with other financial institutions, established the Financial Services Information Sharing and Analysis Center (FS-ISAC) Supply Chain working group to socialize emerging supply chain threats to the Financial Sector and create guidance to address threats, such as the Software Supply Chain Primer White Paper published in 2025. What happened at the Summit? Participants at the Summit discussed the security challenges for the consumption of OSS in critical infrastructure sectors, potential opportunities to leverage advancements in AI for the greater benefit of open source security, and the need for shared responsibility to improve resilience of OSS in critical infrastructure. The significant presence of U.S. Government officials at the Summit is a testament to public sector’s active involvement and support for initiatives to better open source security and to continue strong public-private partnerships to achieve more secure outcomes. The summit concluded with participants discussing approaches to tangible outcomes aligned to the three objectives to be accomplished in the next year: (1) the need to provide security education for OSS developers and stakeholders, (2) reinforce the safety of OSS repositories, and (3) enable cross-collaboration for incident response. What are we doing next? There is more to be done in improving tooling to address software supply chain attacks. We see significant importance in supporting the enhancement of OSS evaluation tools, like the Security Scorecard, an automated security tool to help open source users understand the risks of the dependencies in their software, and Software Bill of Material (SBOM) capabilities, an inventory that allow users to know what components make up an application. At JPMorgan Chase, our security teams are working towards such solutions and collaborating with organizations like OpenSSF to build better integrated tooling and capabilities that will ultimately promote safer practices and prevent future significant software supply chain security breaches. Doing our part JPMorgan Chase remains committed to our partnerships toward better open source security. As a founding member of OpenSSF and through our leadership in the Financial Services Sector Coordinating Council (FSSCC) and the Financial Services Information Sharing and Analysis Center (FS-ISAC), we will continue to take an active role in supporting and shaping industry and government’s efforts to secure the open source software ecosystem.

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Artificial Intelligence's Struggle with Historical Knowledge, Study Reveals

2025-11-12 11:18:50

Artificial Intelligence (AI) has shown prowess in areas such as coding and podcast creation, but a recent study has uncovered its limitations when it comes to tackling complex historical questions. Researchers have developed a novel benchmark, Hist-LLM, to evaluate the performance of three leading large language models (LLMs) on historical queries: OpenAI’s GPT-4, Meta’s Llama, and Google’s Gemini. This benchmark assesses the accuracy of their responses using the Seshat Global History Databank, an extensive repository of historical information named after the Egyptian deity of wisdom. The findings, unveiled at the prestigious AI event NeurIPS, were underwhelming, with researchers from the Complexity Science Hub (CSH), an Austrian research institute, reporting that even the top-performing LLM, GPT-4 Turbo, scored only around 46% accuracy—barely above the level of random chance. “Despite their capabilities, LLMs lack the in-depth comprehension necessary for advanced historical studies,” commented Maria del Rio-Chanona, a co-author of the study and an associate professor at University College London’s computer science department. “They can handle basic historical facts, but when it comes to more intricate, doctoral-level historical analysis, they fall short.” The researchers provided TechCrunch with examples of historical questions that the LLMs mishandled. For instance, GPT-4 Turbo incorrectly affirmed the presence of scale armor in ancient Egypt during a specific epoch, when in fact, the technology emerged 1,500 years later. Why do LLMs falter on detailed historical inquiries when they can adeptly answer complex coding questions? Del Rio-Chanona suggested to TechCrunch that LLMs often rely on prominent historical data, struggling to access less common historical facts. For instance, when asked about the existence of a professional standing army in ancient Egypt during a particular period, the LLM incorrectly affirmed it, likely due to the abundance of information on standing armies in other ancient civilizations like Persia. “Imagine being told A and B repeatedly, and C only once; when asked about C, you might default to what you remember about A and B and extrapolate from there,” explained del Rio-Chanona. The study also pointed out that certain models, such as those from OpenAI and Llama, performed poorly on questions related to regions like sub-Saharan Africa, indicating possible biases in their training datasets. The study’s leader, Peter Turchin, a faculty member at CSH, emphasized that LLMs are not yet ready to replace humans in certain fields. Nevertheless, the researchers remain optimistic about the potential of LLMs to assist historians. They are refining their benchmark by incorporating data from underrepresented regions and introducing more sophisticated questions. “The study’s results, while highlighting areas for improvement in LLMs, also indicate their potential to contribute to historical research,” the paper concludes.

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Why AI-Powered Smart Glasses Will Dominate 2025

2025-10-25 23:49:28

After a decade of skepticism and mockery, AI-powered smart glasses are poised for a major comeback in 2025. Once ridiculed as a novelty, these innovative wearables are now on the verge of becoming the next big thing. With heavyweights like Meta and Baidu joining forces with startups such as Brilliant Labs and Solos, the technology behind smart glasses is finally catching up to its potential. These glasses blend advanced AI capabilities with cutting-edge hardware, fundamentally transforming the way we interact with the world. Here’s why 2025 will be the year AI-powered smart glasses take center stage. Smart Glasses: The Gateway to Practical AI As AI tools become increasingly embedded in our daily lives, people are eager to use them in more versatile ways. Smart glasses are the perfect solution for those who want AI on the go without the hassle of constantly reaching for their phone. Unlike the ill-fated Google Glass, today’s smart glasses are designed to be subtle yet functional. For example, Meta’s collaboration with Ray-Ban allows wearers to take photos, connect with the Meta AI assistant, and still maintain a stylish look. Features like real-time translation and health monitoring, as seen in the Solos AirGo 3 Smart Glasses, take the integration of eyewear and AI to the next level. Moreover, smart glasses offer a unique advantage in the AI hardware space. Devices like the Humane AI Pin, Rabbit R1, and Plaud.ai NotePin have faced challenges in capturing public interest, but smart glasses are more likely to succeed. Their practical application and sleek design make them a safer bet for AI integration compared to other devices. Productivity on the Go: Your AI Assistant, Right on Your Face The convergence of smart glasses and AI isn't just about cool tech—it’s about making life easier and more efficient. In 2025, your personal office assistant might not be sitting on your desk but rather perched on your face. Brilliant Labs is pushing this future with their Frame Smart Glasses, which come equipped with the Noa AI assistant. These glasses are tailored for busy individuals, offering features like contextual reminders, task lists, and quick information access—all in a wearable format. Baidu’s Xiaodu Smart Glasses are another example of this evolution. Powered by Baidu’s Ernie large language model, the glasses can provide real-time answers about your surroundings, recommend nearby restaurants, or even track calories from your meals. Thanks to the rapid development of context-aware conversational AI, integrating sensors and communication tools directly into eyewear takes productivity to new heights. Augmented Reality Meets AI: The Future of Smart Glasses Smart glasses today are equipped with everything from mini speakers to small embedded screens, but the true potential lies in their ability to enhance reality through augmented reality (AR). While improvements in AR alone might not spark a revolution, combining AR with AI, as demonstrated by Meta's Orion, has the potential to create an entirely new market for smart glasses. Orion isn’t launching until next year, but it’s not alone. Brilliant Labs’ Frame Smart Glasses also leverage AR to elevate user experiences. By offering an open-source platform, Brilliant Labs invites developers to create customized apps, meaning that, in the near future, users could have tailor-made applications that cater specifically to their needs. Though it might not be right around the corner, the idea of universally wearing AI-powered smart glasses is becoming clearer every day. With rapid advancements in AR and AI, the future of these devices is now more tangible than ever.

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Igniting Innovation: Global Expansion of Tech for Social Good

2025-10-21 16:19:43

Since its inception in 2018, the Igniting Innovation program has been a catalyst for young minds to explore technology and bring their creative ideas to life. It has made a substantial impact, engaging over 73,000 students in over 300 primary schools and sparking their interest in STEM fields. In 2024, the initiative was incorporated into JPMorganChase's Tech for Social Good portfolio, significantly broadening its international presence. The Igniting Innovation charity was founded by two leading figures from JPMorganChase’s Glasgow Technology Center, with the goal of giving back to their community by nurturing digital creativity among the youth. In partnership with a group of six technology specialists and educators, Igniting Innovation connected with four Glasgow schools to launch an app design competition. The clear goal was for students to devise an app that could simplify daily life, solve a problem, improve the world, or offer entertainment. The winning ideas were then developed into functional apps by JPMorganChase’s tech volunteers for the students to showcase to their networks. The tech-savvy youth proposed a diverse array of app concepts, ranging from enhancing communication to streamlining daily chores, enriching the learning process, or bringing characters and illustrations to life. Their innovative perspectives have been an invaluable contribution, prompting a fresh outlook on our interaction with the world. Emphasizing inclusivity, Igniting Innovation has successfully extended its reach to the most remote areas of Scotland, including the Scottish islands, ensuring that every young person, regardless of their background, has the chance to participate. The program has organized several nationwide contests in England and Scotland, focusing on themes such as environmental sustainability, promoting holiday joy, and advocating for STEM, offering a stage for students from diverse regions to display their resourcefulness and innovation. To further promote STEM learning beyond the app design contests, Igniting Innovation has developed workshop materials designed to boost community and family engagement. Armed with green screens, modular building blocks, and mini robots, Igniting Innovation workshops inspire children aged 5-12 to create short stop-motion films. Through this process, they are encouraged to think critically and creatively, overcome challenges, learn the fundamentals of coding, and interact with their peers. Looking ahead, the trajectory of Igniting Innovation serves as a shining example of the power of collaborative efforts and innovation. With the app design competition now under the umbrella of Tech for Social Good and the dedication of numerous volunteers and educators, Igniting Innovation is poised to inspire the next generation of digital innovators.

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Transforming the Future: Streamlining the Credit Approval Process

2025-10-30 12:23:28

In the current digital era, the modernization of the credit approval process has become a cornerstone for financial institutions aiming to streamline their operations and enhance customer experiences. Traditional credit approval methods, which often involve manual verification and lengthy decision-making timelines, fall short of meeting the evolving demands of consumers and businesses that seek swift and reliable financial solutions. By leveraging advanced technologies such as artificial intelligence, big data analytics, and machine learning, companies can transform the credit approval process into one that is seamless, efficient, and secure. These innovations not only reduce the time required to assess creditworthiness but also enhance accuracy and transparency, thereby minimizing the risk of defaults and fraud. Modernizing the credit approval process not only positions financial institutions for success but also aligns with the needs of a tech-driven marketplace. Challenges in the Traditional Credit Approval Process Manual Verification and Documentation One of the primary challenges in the traditional credit approval process is the reliance on manual verification and extensive documentation. This often involves collecting numerous paper-based documents from applicants, such as income statements, tax returns, and credit histories. The manual nature of verification not only consumes significant time but also increases the likelihood of errors and inconsistencies, leading to delays and a subpar customer experience. Lack of Transparency A lack of transparency is another significant hurdle in the traditional credit approval process. Applicants often find themselves in the dark regarding the status of their applications, the criteria used to assess their creditworthiness, and the reasons behind certain decisions. This opacity can erode trust between financial institutions and their clients, ultimately impacting customer satisfaction and loyalty. Higher Risk of Errors and Fraud The traditional approach to credit approval is also susceptible to errors and potential fraud. Manual inputs and disparate data sources can lead to miscalculations in assessing an applicant's creditworthiness. Furthermore, without robust verification tools, the risk of fraudulent documentation slipping through the cracks increases, potentially resulting in significant financial losses for institutions. Limited Data Utilization Traditional credit approval processes often suffer from limited data utilization. They typically rely on historical credit scores and financial data, overlooking alternative data sources that can provide a more comprehensive view of an applicant's financial behavior and true credit risk. This limited approach may result in the exclusion of creditworthy individuals who fall outside conventional metrics, hindering financial inclusivity. Technological Innovations Driving Change The evolution of technology has paved the way for transformative innovations in the credit approval process. Artificial Intelligence (AI) Artificial Intelligence (AI) plays a crucial role in revolutionizing the credit approval process by automating complex decision-making tasks that were once reliant on human judgment. AI-driven algorithms can objectively evaluate vast amounts of data in real-time, providing a more accurate analysis of creditworthiness. This capability empowers financial institutions to better predict an applicant's credit behavior, enhancing both the speed and precision of approvals. AI can also detect patterns indicative of fraudulent activity, thereby strengthening security measures. The adaptability of AI technologies allows them to evolve continuously, learning from new patterns and behaviors, which ensures that credit assessment models remain current and effective in a rapidly changing economic landscape. Big Data Analytics Big data analytics enables financial institutions to harness vast volumes of data from diverse sources, leading to more informed credit decisions. By analyzing data beyond traditional financial metrics—such as spending habits, social media activity, and digital footprints—institutions can obtain more holistic insights into an applicant's financial reliability. This expanded analysis not only refines credit risk assessment but also increases inclusivity by considering individuals who may lack a conventional credit history. Big data tools can quickly identify trends and inconsistencies, optimizing the speed and accuracy of the credit approval process while mitigating risks more efficiently. Machine Learning (ML) Machine learning, a subset of AI, further enhances credit approval systems by accessing historical data to understand and predict applicant behavior over time. Unlike static credit scoring models, ML algorithms continuously adapt and improve as they process new data, making recommendations based on evolving trends and patterns. This dynamic approach allows for personalized credit assessments, accommodating unique borrower profiles that traditional methods might overlook. By minimizing human bias and error, machine learning facilitates faster and fairer credit approval outcomes, enabling financial institutions to offer better-tailored financial products and services to their customers. Cloud Computing Cloud computing supports the modernization of the credit approval process by offering scalable and flexible infrastructure solutions. By migrating credit approval operations to the cloud, financial institutions can access powerful computational resources and storage capabilities that facilitate the efficient processing of large datasets. This infrastructure allows for seamless integration of advanced technologies, such as AI, machine learning, and big data analytics, enabling institutions to deliver fast, reliable credit decisions anywhere, anytime. The cloud's robust security measures ensure the protection of sensitive data, while also providing the backup and recovery solutions necessary to maintain operational continuity. As a result, cloud computing not only accelerates credit approvals but also enhances the overall resilience and adaptability of financial services. Future Trends and Predictions The credit approval landscape is poised for continued innovation, driven by advancements in technology. One key trend is the increasing integration of artificial intelligence and machine learning into credit systems, allowing for even more nuanced and personalized credit evaluations. As algorithms become more sophisticated, they will be able to incorporate a wider array of non-traditional data sources, improving credit access and reducing bias. Conclusion The credit approval process is undergoing a profound transformation as technological innovations reshape the landscape. The integration of AI, machine learning, big data, and cloud computing is not only streamlining operations but also enhancing the accuracy, security, and inclusivity of credit assessments. As these technologies continue to evolve, they promise to make credit more accessible, particularly for individuals without traditional credit histories. Looking ahead, embracing these advancements will be crucial for financial institutions seeking to remain competitive and effectively meet the diverse needs of their customers. The future of credit approval is one of promise, driven by technology that fosters a more equitable and efficient financial system for all.

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The Impact of Revolut's Banking License on the Future of Digital Banking

2025-10-30 21:55:02

Since its establishment in 2015, Revolut, a UK-based fintech firm, has swiftly evolved from a money-transfer service to a leading digital banking platform. A significant milestone in its journey was acquiring a European banking license from the European Central Bank via Lithuania in 2018. This landmark achievement transformed Revolut from a simple financial app into a fully licensed bank, enabling it to offer a comprehensive range of banking services across Europe. With a customer base exceeding 45 million personal users and half a million business clients globally, the banking license empowers Revolut to directly compete with traditional financial institutions. The license allows Revolut to provide full current accounts, loans, and deposit protection under the European deposit guarantee scheme. Additionally, this strategic move enhances Revolut's capability to develop its financial super app, which integrates banking, stock investment, and budgeting tools into a single platform. Expanding Across Europe Securing the European banking license was a critical step for Revolut, facilitating its expansive growth strategy across the continent. By 2020, Revolut had launched full banking services in key markets such as Poland, Lithuania, France, Italy, and Portugal. This expansion enabled the fintech firm to offer fundamental financial products typically associated with traditional banks, including deposit protection and business loans. In Portugal, Revolut encountered a mixed reception. While some welcomed its entry as a necessary disruption to established banks, local institutions expressed concerns about potential unfair competition, questioning whether Revolut adhered to the same regulatory standards. Despite these criticisms, Revolut pressed forward with its expansion, leveraging the license to introduce various services, such as mortgages and branded loans, throughout the European Economic Area (EEA). This initiative not only broadened Revolut's product offerings but also solidified its position as a formidable player in the European banking landscape. The Significance of the Banking License Revolut's European banking license signifies more than just regulatory approval; it marks a transformative moment in the company's evolution. The license provides a legal framework that enables Revolut to offer a broader range of financial products, allowing it to directly hold deposits and offer lending products without relying on third-party banks. One of the most notable benefits of the license is the European deposit guarantee scheme, which protects customers' deposits up to €100,000. This safeguard is crucial for building trust with users, particularly in markets where Revolut competes against long-established financial institutions. The license also enables Revolut to penetrate markets that were previously inaccessible. Moreover, the banking license positions Revolut as a stronger competitor to traditional banks, many of which are encumbered by legacy systems and slower innovation cycles. With its app-first approach, Revolut continues to offer users greater convenience, lower fees, and modern financial tools. This focus on innovation, combined with the banking license, positions Revolut to capture further market share across Europe. Challenges and Criticism Despite the advantages provided by the banking license, Revolut has faced criticism. In Portugal, local banks accused Revolut of being subject to different regulatory standards than traditional banks, sparking debates on whether fintech companies like Revolut should adhere to the same stringent regulations. Furthermore, Revolut's rapid expansion across multiple markets has not been without technical difficulties. The company faced scrutiny over its financial controls and auditing processes, particularly in the UK, delaying its UK banking license acquisition until 2024 after a three-year wait. Revolut's Chief Financial Officer acknowledged that the company's internal systems initially struggled to keep pace with its growth, necessitating significant IT infrastructure updates. Nevertheless, Revolut has worked diligently to address these issues. The acquisition of the European banking license allowed the company to continue its expansion and strengthen its presence across the continent. Despite regulatory challenges and criticism, Revolut remains committed to maintaining compliance with European banking standards and delivering high-quality services to its customers. Revolut's Global Ambitions Revolut's ambitions extend beyond Europe as it seeks to bolster its global footprint. In 2024, the fintech company applied for a banking license in Colombia, aiming to compete in the Latin American market alongside established players like Nubank. This move follows its earlier success in securing a banking license in Mexico, further entrenching its presence in the region. After a protracted regulatory review, Revolut finally obtained a banking license in its UK home market. Although this license comes with certain restrictions, it sets the stage for the company to offer essential financial products such as current accounts, mortgages, and consumer loans. This diversification of offerings will help reinforce Revolut's position within the competitive UK banking landscape. Additionally, Revolut is preparing for an Initial Public Offering (IPO), anticipated to significantly enhance its capital base and facilitate further expansion into untapped markets. As the company continues to grow its customer base and refine its financial systems, the upcoming IPO is expected to be a pivotal moment in Revolut's journey, enabling it to unlock new opportunities and solidify its status as a leading player in the global fintech arena. Conclusion Revolut's acquisition of a European banking license marked a major turning point in its history, enabling the expansion of its services across Europe and direct competition with traditional banks. The license not only enhances Revolut's credibility as a robust financial institution but also provides its customers with increased security and a broader range of financial products. Despite facing regulatory hurdles and criticism from traditional banking institutions, Revolut continues to grow and innovate. Its global ambitions, supported by a strong foundation in Europe, indicate that Revolut is well-positioned to emerge as one of the leading digital banks worldwide.

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Fueling Creativity: The Worldwide Reach of Tech for Social Good

2025-10-27 04:39:05

The inception of the Fueling Creativity program in 2018 marked a pivotal moment, igniting the passion of young innovators to delve into technology and actualize their imaginative concepts. This initiative has profoundly influenced over 73,000 students across more than 300 primary schools, igniting a curiosity in STEM. In 2024, the program was integrated into JPMorganChase's portfolio of Tech for Social Good, significantly extending its global footprint. The charity behind Fueling Creativity was established by two prominent figures from JPMorganChase’s Glasgow Technology Center, with a mission to enrich their community by fostering digital innovation among the youth. Collaborating with a team of six technology experts and educators, Fueling Creativity engaged with four Glasgow schools to initiate an app design contest. The primary objective was to encourage students to conceive an app that could ease daily routines, address a challenge, enhance the world, or provide amusement. The top ideas were subsequently transformed into operational apps by JPMorganChase’s tech volunteers, allowing students to exhibit their creations to their social circles. The tech-savvy youngsters proposed a variety of app ideas, from improving communication to simplifying household tasks, enriching educational experiences, or animating characters and illustrations. Their innovative insights have been an invaluable asset, fostering a novel perspective on our engagement with the world. With a focus on inclusivity, Fueling Creativity has successfully expanded its influence to the most isolated regions of Scotland, including the Scottish islands, ensuring that every young person, irrespective of their background, has an opportunity to engage. The program has organized several nationwide challenges in England and Scotland, concentrating on topics like environmental sustainability, spreading holiday cheer, and advocating for STEM, providing a platform for students from various regions to demonstrate their ingenuity and innovation. To further encourage STEM education beyond the app design contests, Fueling Creativity has crafted workshop materials aimed at enhancing community and family involvement. Equipped with green screens, modular building blocks, and mini robots, Fueling Creativity workshops motivate children aged 5-12 to produce short stop-motion films. Through this experience, they are inspired to think critically and creatively, tackle challenges, grasp the basics of coding, and interact with their peers. Moving forward, the trajectory of Fueling Creativity exemplifies the strength of collaborative endeavors and innovation. With the app design competition now part of Tech for Social Good and the commitment of numerous volunteers and educators, Fueling Creativity is set to inspire the next generation of digital innovators.

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Hybrid Agencies: Strategies for Effectively Managing Remote and Global Teams

2025-10-22 08:36:56

In the evolving landscape of modern work, the hybrid agency model has emerged as a balanced approach that combines in-office and remote workdays. This flexible model offers the best of both worlds, allowing companies to maintain physical office spaces while also embracing the benefits of remote work. The hybrid agency structure is particularly beneficial as it caters to the diverse preferences of employees, providing them with the flexibility they need to thrive. A hybrid working environment is ideal for various groups, including Generation Z, working mothers, and individuals with disabilities. Companies that adopt hybrid models, allowing some employees to work entirely from home or in a mix of home and office settings, tend to have more engaged and satisfied employees compared to those that operate exclusively from an office. Managing the Hybrid Agency Workforce Enhance Communication Tools Effective communication is crucial in a hybrid agency setup. Tools like Slack, Microsoft Teams, and Zoom are essential for facilitating collaboration. It is important to establish clear guidelines for using these tools, specifying when and how they should be used for different types of communication. This ensures equal opportunities for all employees, regardless of their location. For instance, a design firm with a hybrid workforce could use Slack for daily communications, Zoom for weekly team meetings, and project management tools like Nimble to track progress. This structured approach ensures that everyone is on the same page and knows where to find the information they need. Additionally, consider the practical needs of remote team members, such as access to reliable power sources. Custom solar power solutions can be a valuable resource for ensuring uninterrupted work. Set Clear Working Expectations Setting clear expectations is essential for the success of a hybrid agency. Define availability, working hours, goals, and performance standards to maintain clarity and ensure everyone understands their responsibilities. For example, a marketing agency might have planners working in the office while content writers and social media managers work remotely. Office workers might have set hours from 9 to 5, while remote workers could have flexible hours as long as they meet their objectives. Clear deadlines must be maintained to ensure consistency and accountability across the team. Establish Equitable Policies Creating fair policies that apply equally to remote and in-office workers is crucial. These policies should cover aspects such as work hours, leave, performance reviews, and resource access, addressing the unique challenges faced by each group. Consider a tech company with a hybrid workforce. The company could implement policies that ensure all employees have access to the same tools and resources, regardless of their location. Developers might have flexible hours, but mandatory video meetings could be scheduled at times convenient for all time zones. Performance reviews could be tailored to the nature of the work, with different criteria for sales teams and software developers. Ensure Robust Cybersecurity Measures Hybrid work environments present increased security risks. Implementing robust cybersecurity measures is essential to protect sensitive information. Strategies include: Using encrypted communication tools Implementing multi-factor authentication Conducting regular security training Securing VPNs Establish clear protocols for handling sensitive information and ensure all employees are aware of these guidelines. Use legal encryption methods to secure communication channels and protect data. Implement Flexible Scheduling Flexible scheduling helps employees balance work and personal responsibilities, enhancing engagement and productivity. Understand the preferences and needs of your team and consider options such as flextime, compressed workweeks, or allowing employees to set their own hours within agreed parameters. Encourage open discussions about scheduling preferences and use collaboration tools to ensure everyone stays connected, even with varying schedules. For instance, one team might prefer flextime to accommodate personal commitments, while another might opt for longer workdays with extended breaks. Both teams can use the same planning and communication tools to coordinate effectively. Conclusion Embracing a hybrid agency model offers significant advantages in terms of flexibility, employee satisfaction, and operational efficiency. By enhancing communication tools, setting clear expectations, establishing equitable policies, ensuring robust cybersecurity, and implementing flexible scheduling, businesses can effectively manage remote and global teams. This approach not only improves productivity but also fosters a positive and inclusive work environment, positioning companies for success in the dynamic world of work.

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TikTok Resumes Operations in the United States

2025-10-31 06:39:15

Less than 24 hours after the app temporarily went offline, TikTok has confirmed that it is resuming service in the United States, following reassurance from President-elect Donald Trump. TikTok stated that the incoming president provided clarity to the company's service providers, which are likely Apple, Google, and Oracle, ensuring they would not face penalties for continuing to support the app in the US. The company issued a statement, noting, "With the agreement of our service providers, we are in the process of restoring TikTok’s service. We are grateful to President Trump for offering the necessary assurance to these providers, guaranteeing they will not incur penalties for offering TikTok to over 170 million Americans, enabling more than 7 million small businesses to thrive. This move stands firmly in favor of the First Amendment and against arbitrary censorship. We look forward to collaborating with President Trump on a long-term solution to keep TikTok in the United States." This development is the latest in the ongoing saga of TikTok’s uncertain future in the U.S. Earlier, Congress passed legislation requiring ByteDance, TikTok’s Chinese parent company, to divest its U.S. operations or face a ban starting January 19. TikTok had filed a lawsuit based on First Amendment grounds, but the Supreme Court upheld the law. On the evening before the deadline, both Apple and Google removed the app from their respective app stores, alongside other ByteDance-developed apps. Oracle was reportedly instructed to shut down the servers hosting TikTok’s U.S. data, according to The Information. In a turn of events, President-elect Trump, who previously attempted to ban TikTok during his tenure, stepped in to intervene before his swearing-in. Trump announced on Truth Social that he would issue an executive order extending the deadline for enforcement of the law, allowing time for a potential national security deal. He assured that companies assisting in preventing TikTok's removal from app stores would not face liability. Under the law, Trump can only delay enforcement if ByteDance shows tangible progress on a divestiture deal. Elon Musk and billionaire Frank McCourt were named as potential buyers. McCourt made an official bid, while Musk's name surfaced in discussions with the Chinese government, according to Bloomberg. Trump expressed his desire for the United States to hold a 50% stake in any joint venture, stating that this would secure TikTok's future in trustworthy hands, making it worth hundreds of billions, if not trillions of dollars. As of the time of writing, TikTok, along with other ByteDance apps, is still unavailable in U.S. app stores. However, some users have reported regaining access to their TikTok accounts, though functionality varies. Following the Supreme Court ruling, the Biden administration appeared to back off from enforcing the ban, leaving the matter in Trump’s hands. This prompted TikTok to proactively take itself offline ahead of the January 19 deadline. TikTok CEO Shou Zi Chew directly appealed to Trump in a TikTok post, thanking him for his efforts to ensure TikTok's continued availability in the U.S. This gesture received mixed reactions. On Blind, an anonymous app, some users mocked the video, calling it "cringe." While the ban’s support in Washington has waned in recent months, with public opposition growing among U.S. adults, some lawmakers still express strong disapproval. Sen. Tom Cotton, for instance, warned that companies involved with TikTok could face severe legal consequences, including financial ruin under securities law and shareholder lawsuits. 4o mini

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Strengthening Our Commitment to Open Source Security

2025-11-17 08:13:34

Enthusiasts of open source software (OSS) gathered at the Open Source Security Foundation's (OpenSSF) Secure Open Source Software Summit in Washington, DC, to promote collaboration across diverse sectors such as business, government, and critical infrastructure. Open source software, which is freely available for use and modification, is a key catalyst for innovation among many technology professionals. At JPMorgan Chase, our extensive team of over 57,000 technologists incorporates numerous open source components into our tools, offering a competitive edge for our company, clients, and customers. Why is OSS security so important? The collaborative and transparent nature of OSS enables technology experts to address common challenges collectively, resulting in software that supports critical operations in both the public and private sectors, including national security systems and essential infrastructure. While the open accessibility of OSS fosters innovation, it can also be exploited by malicious actors to identify and target vulnerabilities in widely-used code, affecting organizations broadly. The recent increase in high-profile OSS attacks highlights the need for robust public-private partnerships to develop tools and solutions that support the many volunteers maintaining OSS. We all have a role in enhancing OSS security, and we invite others who use open source to join us in this crucial effort. What progress has the Open Source Community made in the past year? In May 2022, OpenSSF introduced the Open Source Software Security Mobilization Plan, which has been pivotal in guiding industry and government initiatives to protect the open source software supply chain. The plan has led to improvements in OSS security education and the development of tools such as Sigstore, for secure software validation, and Alpha-Omega, for identifying and resolving vulnerabilities in popular packages. JPMorgan Chase, in partnership with other financial institutions, established the Financial Services Information Sharing and Analysis Center (FS-ISAC) Supply Chain working group. This group aims to share emerging supply chain threats with the financial sector and develop guidance to counter such threats, as demonstrated by the Software Supply Chain Primer White Paper published in 2025. What happened at the Summit? Summit attendees discussed security challenges in OSS consumption across critical infrastructure sectors, the potential for leveraging AI advancements to enhance OSS security, and the shared responsibility to increase OSS resilience in critical infrastructure. The significant U.S. Government presence at the Summit underscores the public sector's commitment and support for initiatives aimed at improving OSS security and fostering strong public-private partnerships for more secure outcomes. The summit concluded with discussions on strategies for achieving tangible results aligned with three objectives for the coming year: (1) providing security education for OSS developers and stakeholders, (2) strengthening the security of OSS repositories, and (3) facilitating cross-collaboration for incident response. What are our next steps? There is further work to be done in enhancing tools to counter software supply chain attacks. We recognize the importance of supporting OSS evaluation tools like Security Scorecard, an automated security tool that helps users assess the risks associated with their software dependencies, and Software Bill of Material (SBOM) capabilities, which provide an inventory of application components. At JPMorgan Chase, our security teams are committed to developing such solutions and are collaborating with organizations like OpenSSF to create more integrated tooling and capabilities that will foster safer practices and prevent significant future software supply chain security breaches. Fulfilling Our Role JPMorgan Chase is steadfast in our commitment to partnerships aimed at improving open source security. As a founding member of OpenSSF and through our leadership in the Financial Services Sector Coordinating Council (FSSCC) and the Financial Services Information Sharing and Analysis Center (FS-ISAC), we will continue to play an active role in supporting and shaping the efforts of both industry and government to secure the open source software ecosystem.

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Ola Electric's Groundbreaking $4.8B Debut: Backed by SoftBank and Shaping India's EV Future

2025-11-17 10:14:42

The swift expansion of the electric vehicle (EV) market in India has spurred the rapid development of charging infrastructure across the country. Last year, India saw a significant surge in EV registrations, with 1,529,614 units registered, marking a 49% increase from the previous year's 1,025,123. Ola Electric has played a pivotal role in this growth. Ola Electric, a frontrunner in the Indian EV industry, has taken substantial steps to promote sustainable transportation by developing stylish, high-performance electric scooters. However, the essential infrastructure for EV charging is still in its nascent stages. This article explores how SoftBank's investment in Ola Electric catalyzed the company's rise, leading to a remarkable 20% increase in its valuation, culminating in a solid $4.8 billion. SoftBank's Investment Propels Ola Electric to $4.8 Billion Valuation Ola Electric's stock price surged by 20% on its first day of trading following the backing from SoftBank India, bringing the company's valuation to approximately $4.8 billion. SoftBank India and Temasek supported Ola Electric's initial public offering (IPO) at a price of 76 rupees per share, raising around $730 million. This IPO is projected to be the largest listing in India for 2024. On the first trading day, the share price soared to 91.20 rupees, bolstering investor confidence in the company's prospects within India's burgeoning EV market. Founded by Bhavish Aggarwal two and a half years ago, Ola Electric manufactures electric scooters tailored to the Indian market, where two-wheelers are a primary mode of daily transportation. According to McKinsey & Co., 60% to 70% of all bikes sold in India by 2030 will be electric. Despite rapid growth and a 90% annual increase in sales, Ola Electric has yet to achieve profitability. The funds raised from the IPO will be utilized to repay debt, invest in research and development, and expand its battery production capabilities. Key Milestones in Ola Electric's Journey 2017 Bhavish Aggarwal launched Ola Electric in May 2017, following his success with Ola Cabs. His primary objective was to revolutionize urban mobility through eco-friendly transportation solutions. Initially focusing on small electric vehicles (EVs) such as electric rickshaws, Ola Electric later ventured into the expanding electric two-wheeler market. 2019 Recognizing the significant potential of the Indian market for electric two-wheelers, Ola Electric shifted its focus towards this sector. This strategic pivot was supported by substantial investments from entities like SoftBank India, setting the stage for future growth. 2021-2023 The launch of the Ola S1 electric scooter in 2021 marked a turning point for the company. The scooter's innovative features, affordability, and eco-friendly design helped Ola Electric capture market share. The company continued to differentiate itself by diversifying its product lineup and investing heavily in research and development. 2024 Following its 2024 IPO, Ola Electric accelerated its expansion plans, fueled by the substantial capital raised. The funds will support new product development and global market expansion, including the manufacturing of electric bikes. Ola Electric has significantly expanded its charging infrastructure, adding 764 new charging stations and 224 hypercharging stations, extending its network to over 50 locations across India. This development represents a critical step towards enhancing convenience for Ola scooter owners in urban areas. Challenges in Ola Electric's Journey Market and Industry Trends Initially, Ola Electric faced challenges due to the Indian market's preference for traditional bikes over scooters. However, the company adapted by introducing new models and capitalizing on government incentives to boost sales of electric two-wheelers. Ola Electric now holds a substantial share of the electric bike market, competing with both local and international brands. Operational Challenges Ola Electric has encountered operational hurdles, including delayed scooter deliveries and post-sale service issues. The company acknowledges the need to improve its network to meet consumer expectations and maintain customer satisfaction. Safety and Scrutiny Global concerns about EV battery safety have also affected Ola Electric. Despite rigorous battery testing, an incident involving a scooter catching fire led to scrutiny. The company continues to uphold its commitment to technological excellence and thorough testing protocols. Founder's Vision Bhavish Aggarwal's leadership, often compared to Elon Musk's influence on the EV industry, is characterized by a strong work ethic and a focus on meaningful outcomes. Despite high staff turnover, Aggarwal remains dedicated to Ola Electric's mission of transforming urban mobility through sustainable transportation solutions. Conclusion Ola Electric Mobility Ltd. is well-positioned for significant growth, driven by its innovative products and strong market presence. While challenges remain, the company's unique value proposition makes it an attractive option for EV customers and investors. As Ola Electric continues to navigate the evolving landscape of the electric transportation industry, it remains committed to advancing its mission and maintaining its competitive edge in the global market. Potential buyers should carefully consider their options, taking into account the company's development trajectory and market dynamics.

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Federal Reserve Analysis: The Intersection of Generative AI and Emerging Cyber Threats

2025-11-01 16:25:31

Recent insights from federal authorities highlight the cybersecurity risks associated with generative AI technologies. Businesses must consider enlisting cyber threat intelligence services to mitigate these threats effectively. According to the Federal Reserve (FED), security issues arising from generative AI span both internal and external use within enterprises. Generative AI technologies have complicated social engineering, enabling hackers to craft credible text, images, videos, and speech, thereby enhancing their capacity to target victims. The widespread capability of generative AI to infiltrate websites, software, and online profiles poses unprecedented challenges for leaders in corporate technology and cybersecurity. This article explores how businesses can promptly identify and manage these threats through comprehensive cyber threat management strategies. Generative AI Cybersecurity Risks Generative AI, while offering substantial advancements, also empowers hackers to exploit these technologies for malicious purposes. The same attributes that make generative AI proficient in responding to threats and identifying risks can be manipulated for unethical activities. Without cyber threat monitoring services, cybercriminals can bypass security measures. Key risks include: Phishing and Social Engineering Generative AI enables cybercriminals to create highly convincing phishing attacks. By utilizing AI to generate personalized messages that appear as legitimate communications, attackers can deceive users into divulging personal information or installing malware. This sophistication makes phishing attempts more effective, as recipients find it increasingly challenging to distinguish between fake and genuine emails or texts. Malware Development Generative AI can design and develop adaptive malware that continuously evolves to evade detection. AI-generated malware can circumvent traditional antivirus software and detection mechanisms by adapting to different environments. The ability of this malware to evade security systems increases the likelihood of successful cyberattacks. Hiring cyber threat intelligence services can help prevent these threats. Exploiting Vulnerabilities AI can be programmed to scan software, systems, and even individuals to identify potential vulnerabilities. This capability allows attackers to uncover weaknesses that human operators might miss. By exploiting these vulnerabilities, cybercriminals can execute more precise and effective attacks. Comprehensive cyber threat management can help mitigate these risks. Automated Hacking Generative AI facilitates the automation of hacking processes, enabling attackers to conduct widespread assaults with minimal human intervention. AI systems can execute complex tasks rapidly, making these automated attacks more challenging to detect and neutralize due to their adaptive nature. Fake Written Content Attackers can use generative AI to produce fake text that mimics real conversations. This capability allows them to impersonate individuals or deceive others during real-time digital interactions. For example, non-native English speakers can craft sophisticated phishing messages in perfect English, complicating detection efforts. Fake Digital Content Generative AI can create realistic avatars, social media profiles, and phishing websites. These counterfeit entities can resemble genuine ones, facilitating a network of fraudulent transactions. Cybercriminals can steal login credentials and sensitive information by generating fake websites or accounts. Fake Documents Securing the entire lifecycle of an AI system, from data collection and model training to deployment and maintenance, is crucial. This process, known as "securing the AI pipeline," involves protecting against unauthorized access or manipulation, preserving the integrity of AI algorithms, and safeguarding training data. Regularly updating cyber threat monitoring practices is essential to defending against emerging threats. Deepfakes Deepfakes are audio and video content generated by regenerative AI that can deceive viewers by mimicking real people. The rise of deepfakes, especially in security or video call footage, undermines trust and facilitates social engineering scams. These videos can coerce viewers into divulging sensitive information or taking risky actions. Generative AI can also create realistic speech simulations that replicate the voices of executives or managers. Attackers can use these AI-generated audio messages to issue fraudulent instructions, convincing employees to transfer funds or reveal confidential information. The efficacy of this deception exploits employees' trust in their supervisors. Cyber threat intelligence services can help identify and mitigate the impact of deepfakes. Securing the AI Pipeline When AI systems handle sensitive data, ensuring their security is paramount. Safeguarding the AI pipeline is critical to maintaining the reliability and trustworthiness of AI systems. This includes: Protecting Sensitive Data: Ensuring that personal or confidential information handled by AI systems remains secure. Ensuring Reliability: Maintaining the integrity and credibility of AI systems is essential for their widespread acceptance and effective use. Guarding Against Manipulation: Preventing the manipulation of AI systems is crucial to avoid the dissemination of false information and potential physical harm in AI-controlled environments. Following Best Practices: Implementing data governance, encryption, secure coding, multi-factor authentication, and continuous monitoring. Precautions Businesses Must Take Generative AI enables hackers to launch more extensive, rapid, and diverse attacks. To counter these threats, businesses should: Assess Security Measures: Evaluate current security systems, identify vulnerabilities, and enhance cyber threat management to bolster defenses. Reevaluate Employee Training: Cybersecurity is a shared responsibility. Training employees to recognize and respond to threats, including those associated with generative AI, is essential. Implement Advanced Security Techniques: Utilize Secure Access Service Edge (SASE) and Zero Trust Network Access (ZTNA) methods to shift trust from network perimeters to continuous monitoring of users, devices, and activities. Adopt Endpoint Detection and Response (EDR): Use EDR services to provide real-time insights into emerging threats at the network edge, enabling faster mitigation of attacks. Leverage AI Security and Automation Technologies: Employ AI-driven security tools to differentiate genuine threats from false alerts, allowing security personnel to focus on critical issues. Hiring cyber threat intelligence services can further enhance security measures. Conclusion Federal authorities have highlighted the dual-edged nature of generative AI in cybersecurity. While these technologies offer substantial advancements, they also present significant risks that require proactive management. By adopting advanced cyber threat intelligence services and implementing robust security measures, businesses can navigate the complex landscape of generative AI and emerging cyber threats. This approach ensures that organizations remain resilient against evolving cyber risks, protecting their assets and maintaining trust in an increasingly digital world.

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Harnessing Data to Amplify Asian American Voices

2025-11-01 14:59:38

In an era where data is the cornerstone of decision-making, organizations like Kundiman, which is committed to fostering Asian American literature, frequently encounter the challenge of managing fragmented information systems. To address these challenges, JPMorganChase's Force for Good program steps in—a venture under the Tech for Social Good initiative that demonstrates the power of corporate know-how in aiding non-profit entities to surmount technological barriers and enhance their reach. Since its inception in 2004, Kundiman has been a haven for Asian American authors, providing them with retreats, virtual classes, and workshops. With over 250 writers engaged in their retreats and approximately 400 books authored by their participants, Kundiman's imprint on the literary landscape is enduring. However, as Kundiman's reach and programs have grown, so too has the intricacy of the data gathering required for their operations. Traditionally, Kundiman utilized a donor management system for contact management and gathered data through various survey tools, resulting in inconsistencies, particularly in documenting ethnic backgrounds. The use of diverse terminology by participants to express their heritage complicated the standardization and precise analysis of demographic data. The primary objective for Kundiman was to consolidate these data streams, minimize manual data intervention, and enhance data integrity. The Force for Good team, captivated by Kundiman's mission, tackled this challenge by employing a ready-made workflow automation solution to synchronize and automate data transfer across platforms. This strategy ensures that data from different sources can be updated automatically in a central repository, eradicating the need for manual input and curtailing errors. The project's influence surpassed the realm of data consolidation. It enabled Kundiman to map demographic trends and pinpoint communities in need. As the pandemic and economic downturns shifted the needs of Asian American communities, accurate demographic tracking became indispensable. A 2022 report by Equitable Growth indicated that Asian Americans in New York City experienced longer periods of unemployment and higher poverty rates compared to other ethnic groups. Armed with this insight, Kundiman's capacity to adjust and broaden their support became increasingly vital. The project's triumph was a result of the collaborative spirit and commitment of all parties involved. The Force for Good team delivered not only a technological solution but also provided training and documentation, ensuring Kundiman's staff could maintain the new system autonomously. This holistic approach guaranteed long-term advantages and sustainability for Kundiman. The Force for Good program's partnership with Kundiman exemplifies how strategic, well-considered technological interventions can lead to substantial social change. It highlights the significance of the Force for Good's ongoing support and innovation within the non-profit sector, ensuring that organizations like Kundiman can flourish and persist in their crucial endeavors.

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Welcome to AfroTech, and breathe in the atmosphere of innovation and connection!

2025-11-06 13:08:29

Nate West, Sr. Data Scientist, Asset & Wealth Management Technology My journey to AfroTech in November 2022 was all about forging bonds with fellow Black tech professionals. The experience was transformative, as I was surrounded by a sea of brilliant minds who shared my passion for technology. This gathering was not just inspiring; it reinforced my identity as an engineer in a profound way. For many reasons, this event holds a special place in my heart. It was at AfroTech that I encountered my current managers from JPMorgan Chase, who have since led an incredibly successful team. Since joining, I've seen remarkable achievements and growth both professionally and personally. Fast forward a year, and I found myself back at AfroTech, this time representing JPMorgan Chase. It was surreal to switch roles and witness the event from a corporate perspective. There was an impressive array of global tech talent eager to learn about our firm's tech offerings. Engaging with students and early-career professionals, listening to their stories and aspirations, was truly rewarding. Our firm had nearly 80 representatives and approximately 800 candidates actively seeking opportunities with us. I also had the privilege of attending workshops on Generative AI and its integration into business processes, which were both enlightening and inspiring. The buzz around this technology was palpable, with my favorite session focusing on GenAI's role in software development lifecycles. AfroTech is indeed a game-changer, and I'm proud that JPMorgan Chase has been a sponsor for the past two years. The firm's commitment to diversity and investment in its people fuels my motivation and encouragement. Jeffery Rhymes, Vice President, Global Technology Diversity, Equity and Inclusion Lead AfroTech marked my first conference, where the weather was the perfect accompaniment to the experience. Arriving in Austin, Texas, on November 1st, I was greeted by a crisp climate that set the tone for a cozy Day 1. As Day 2 began, the warmth increased, and our JPMorgan Chase booth at the Expo Hall came alive with energy. We showcased our best by inviting technologists from across the firm to engage and interview potential candidates. The event was a celebration of Black excellence, with entrepreneurs, technologists, and leaders taking control of their destinies and reveling in the joy of the conference. The strategy was clear: start strong and maintain momentum. By Day 3, the conference's positive reputation was undeniable. The AfroTech experience had come to life, with a full day of sessions and activities that offered ample opportunities for personal development. Attendees were immersed in experiences that were empowering, thought-provoking, and culturally resonant. The aim was to seize every opportunity within reach. Day 4, the conference's finale, was about leaving with more than you came with. Whether it was gaining knowledge to enhance your personal brand or participating in on-site interviews to further your career, AfroTech was designed to make your experience memorable. The mission was straightforward: depart with an improved version of yourself.

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Safely Expanding in Global Markets with International Credit Reports

2025-11-02 17:22:16

Venturing into global markets promises substantial growth and profitability, yet it necessitates meticulous planning and strategic risk management. A crucial element of international expansion is gauging the financial stability and creditworthiness of overseas partners and clients. International credit reports offer vital insights into a company's financial health, aiding businesses in mitigating risks associated with cross-border transactions. These reports provide detailed data, including payment histories, company structure, and legal filings, enabling companies to make well-informed decisions. Leveraging international credit reports allows businesses to thoroughly assess potential partners and customers, ensuring safer and more secure global ventures. Given the significant variability in market dynamics across countries, access to reliable credit information can be a critical differentiator for companies aiming for sustainable international growth while safeguarding their investments. What is an International Credit Report? An international credit report is a comprehensive document that delivers an in-depth analysis of a business's financial status and credit history in the global market. These reports are indispensable tools for evaluating the creditworthiness of foreign companies, offering a detailed snapshot of their fiscal health. Typically, an international credit report includes vital data such as the organization's payment history, balance sheets, profit and loss statements, and any existing debts or liabilities. Moreover, these reports often contain information about the company's management team and structure, legal filings, and any history of bankruptcies or defaults. Such detailed financial insights assist businesses in making informed decisions about establishing or continuing partnerships with overseas entities, thereby minimizing risks and fostering successful international trade relationships. How to Access International Credit Reports Accessing international credit reports involves several steps to ensure you obtain accurate and relevant information. Identify Reliable Providers: The first step is to find reputable credit reporting agencies that specialize in international markets. Major credit bureaus and specialized firms offer comprehensive reports tailored to different regions and industries. Request a Report: After selecting a provider, businesses can request a report by specifying the company they wish to evaluate. It's important to provide accurate details to ensure the report reflects the correct entity. Verify Compliance: Different countries have varying regulations regarding data privacy and access to credit information. Ensure that both your business and the reporting agency comply with all relevant international laws. Review and Interpret: Once the report is obtained, carefully review the data included. Look for key indicators of financial health, such as consistent payment records and positive cash flow. Consider consulting with financial experts to interpret complex financial data if necessary. Use Insights for Decision Making: Utilize the information to evaluate the risks and benefits of engaging with the foreign entity. The insights derived from these reports can guide strategic decisions about imports, exports, partnerships, and investments abroad. By following these steps, businesses can effectively harness the power of international credit reports to expand safely and securely into global markets, capitalizing on opportunities while protecting their interests. Best Practices for Using Credit Reports in Global Expansion To maximize the benefits of international credit reports during global expansion, businesses should adhere to several best practices. Establish a Consistent Process: Implement a standardized process for evaluating credit reports across different markets. Set clear criteria for creditworthiness that align with your company's risk tolerance and strategic goals. Regularly update these criteria to reflect changing market conditions and business priorities. Incorporate Comprehensive Due Diligence: While credit reports provide valuable financial insights, complement them with additional information such as market analysis, cultural factors, and geopolitical considerations. Combining these insights gives a more comprehensive picture of potential partners or clients. Engage Local Expertise: Consultants or financial advisors familiar with specific markets can provide invaluable context to the data presented in credit reports. Their knowledge of regional business practices can help interpret subtle nuances that might otherwise be overlooked. Ongoing Monitoring: Maintain continuous monitoring of international partners even after initial credit assessments. Markets evolve, and a company’s financial situation can change, impacting your business relationship. Regularly updated credit reports ensure you stay informed about any developments that could affect your business. Ensure Data Protection and Compliance: Be mindful of international data privacy laws and maintain robust systems to safeguard sensitive information. Benefits of Using International Credit Reports Risk Mitigation: International credit reports help businesses assess the reliability of potential partners by providing detailed financial information, thus minimizing risks associated with international transactions. Informed Decision-Making: These reports offer insights into a company's financial health and creditworthiness, enabling businesses to make informed decisions about mergers, acquisitions, and partnerships. Competitive Advantage: Access to comprehensive credit data allows businesses to identify stable partners and avoid those with high-risk profiles, offering a competitive advantage in global markets. Enhanced Negotiations: With detailed financial data, companies can negotiate better terms and conditions with foreign counterparts, strengthening their business position. Strategic Planning: By understanding the financial standing of international companies, businesses can strategically plan expansion initiatives, entering new markets with greater confidence. Improved Credit Terms: Evaluating creditworthiness can lead to better credit terms and interest rates when dealing with international suppliers and customers. Regulatory Compliance: Utilizing credit reports can assist in ensuring compliance with international trade regulations, reducing the risk of legal complications. Persistent Monitoring: Continuous access to credit reports allows businesses to monitor the financial health of ongoing partners, ensuring sustained and stable business relationships internationally. Potential Challenges Data Accessibility: Accessing international credit reports can be challenging due to variations in data availability across different countries. Some regions may have stringent restrictions on sharing credit information, making it difficult to obtain comprehensive reports. Regulatory Variance: Navigating the diverse regulatory landscape can be complex. Businesses must be aware of and adapt to the different legal requirements for data privacy and credit reporting specific to each country. Language and Cultural Barriers: Understanding the nuances in language and cultural differences can pose challenges when interpreting credit reports. Misinterpretations may lead to inaccurate risk assessments or flawed business decisions. Currency Fluctuations: Fluctuations in currency exchange rates can affect the valuation of financial data within credit reports. Businesses need to account for these variations when analyzing international credit information. Conclusion Incorporating international credit reports into global business strategies offers a wealth of benefits, from risk mitigation to enhanced strategic planning. By understanding the financial health and creditworthiness of potential partners, businesses can navigate the complexities of global expansion with greater confidence. However, it is important to remain cognizant of the challenges, such as data accessibility, regulatory differences, and cultural barriers, which may arise during this process. With diligent application of best practices and continuous monitoring, companies can leverage these reports effectively to secure and sustain successful international relationships, thus ensuring a competitive edge in the dynamic global marketplace.

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Strategies for Safeguarding Your Devices from Malicious Software

2025-11-21 02:47:48

Cybercriminals often deceive users by embedding harmful elements such as malware, viruses, and spyware within legitimate-looking software. Here are some key tactics to help you ensure that the apps and software you install on your devices are genuine. Remember, these tips are for informational purposes only. DESKTOPS AND LAPTOPS (INCLUDING WINDOWS, MAC, AND CHROMEBOOKS) Source software from trustworthy platforms. When looking for software, verify its origin to ensure it's from a reputable source. Research the software you plan to use and visit the official website of the provider to confirm its authenticity and compatibility with your system. Download software directly from the provider's website or from recognized app stores, such as the Microsoft Store for Windows or the Mac App Store. Official vendors routinely check their apps for security vulnerabilities and release updates. Downloading from unofficial sources could expose you to security threats and other risks. Scan files before installation. Utilize your antivirus software to scan the downloaded file to confirm it is free from malware. This adds an extra layer of protection. Locate the downloaded file and double-click to begin the installation process. Follow the on-screen instructions to complete the setup. Enable automatic updates. After installation, check for any pending software updates. Visit the software's official website or use its built-in update feature to ensure you have the latest version. Enable auto-updates to make sure you receive important security patches and updates without delay. Potential consequences of installing malware-infected software: Malware can collect sensitive information and potentially take control of the infected computer by capturing data and possibly recording keystrokes, executing harmful code. It may install additional harmful software, compromising security. While the computer may initially appear normal, a compromised system may later show signs such as slow performance, unexpected pop-up ads, or frequent crashes. In severe cases, the attacker could gain full control over the device, potentially rendering the computer unusable and accessing personal accounts, leading to financial loss or identity theft. Keep in mind: "Free" downloads can come at a cost. Be cautious with "free" software or if you're unsure about its legitimacy, as it could be pirated. Such software might have been illegally modified, meaning it won't receive official updates, patches, or feature releases like legitimate software. It might also contain malicious extras like malware or create opportunities for cybercriminals to exploit and control your device. Beware of unsolicited links or pop-ups. If you encounter a pop-up urging you to update an app while browsing, it's likely a cybercriminal's ploy to gain unauthorized access to your device. Avoid clicking on these links and close the pop-up immediately. Stay vigilant against SEO poisoning. Websites ranking high in search results may seem more legitimate, but appearances can be misleading. SEO poisoning is a cyberattack that manipulates search engines to rank sites with malicious software higher in the results. Always verify the site, even if it's ranked highly. Avoid clicking on sponsored ad links, as they are often misused by malicious entities. SMARTPHONES AND TABLETS Many of us select apps from the Google Play Store, Apple App Store, or Amazon App Store, which conduct thorough checks before releasing apps – but they're not infallible. Even with trusted app stores, exercise caution when downloading apps. Before installing any app, consider the following steps. Verify the app's name. Ensure the spelling is correct and there are no typos or misplaced/extra spaces.Examine the app's permissions. Be wary of apps requesting unnecessary or excessive permissions. For instance, does a calculator app really need access to your camera and location? Identify red flags in the app's description. These might include grammatical errors, vague or generic information, and a lack of specifics about the app's functionality.

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Apple May Not Be at CES, But CES Will Definitely Be About Apple

2025-10-29 22:09:34

CES 2025 is fast approaching, and as always, one glaring omission from the lineup is Apple. The tech giant hasn’t officially attended the event since the early 90s. Despite being the world’s largest technology trade show, Apple has shown little interest in participating. However, even in their absence, the iPhone maker will undoubtedly cast a long shadow over the event. Almost every year, CES articles emerge discussing the impact of Apple’s influence on the show. Last year, for example, Apple strategically dropped the Apple Vision Pro launch date just one day before CES kicked off, shifting attention away from any virtual or augmented reality hardware showcased at the event. Even if Apple isn’t presenting, its presence is everywhere. Whether it’s iOS- or macOS-compatible products being displayed, cleverly placed advertisements around Las Vegas during the show, or industry professionals attending with iPhones and MacBooks in hand, Apple’s footprint is undeniable. This year is likely to be no different. With the impressive M4 chip making its way into iPads and Macs by the end of 2024, and more Mac products on the horizon, Apple has thrown down the gauntlet for its rivals, especially in the laptop and chipmaking arenas. Who Needs to Beat Apple at CES? Let’s start with CPUs and GPUs, as that’s the hot topic right now. Intel, AMD, Qualcomm, and Nvidia are all expected to have a significant presence at CES this year, with Qualcomm revealing its second-gen Snapdragon X Elite chips, and Nvidia teasing its upcoming RTX 5000 GPUs. Apple broke into the first-party silicon game in 2020 with the M1 chip, and since then, the company has elevated its chips—and the devices that use them—to new heights. There’s also buzz about the possibility of an M4 Ultra chip arriving soon, possibly alongside new Mac Studio or Mac Pro models. Whatever happens, Apple is currently in a strong position when it comes to desktop and laptop chip performance, and its rivals will have to surpass these achievements to claim any victory at CES. Today, the competition isn’t just about traditional processors and graphics. Neural Processing Units (NPUs) are becoming increasingly vital as AI tools infiltrate our software and hardware. The M4 generation’s Neural Engine is quite powerful, though I personally suspect Apple might fall behind in this area when it comes to raw specs. The M4 NPU offers 38 trillion operations per second (TOPS), while Qualcomm’s current-gen Snapdragon X Elite can already achieve 45 TOPS. Conclusion: Even though Apple won’t be officially present at CES, it will undoubtedly be a central topic of conversation. From hardware innovations to AI advancements, Apple’s influence continues to shape the global tech landscape. In 2025, CES will still revolve around Apple’s shadow.

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Make It Happen: Tech for Social Good Expands Globally

2025-11-05 00:39:31

The Make It Happen initiative, which has been motivating youth to delve into the realm of technology and actualize their innovative concepts, has had a significant impact since its launch in 2018. It has reached over 73,000 students across more than 300 primary schools, igniting their passion for STEM subjects. In 2024, this program was integrated into JPMorganChase’s Tech for Social Good portfolio, amplifying its global reach. The Make It Happen charity was established by two top executives from JPMorganChase’s Glasgow Technology Center with the mission of contributing to their community by fostering digital creativity among the youth. In collaboration with a team comprising six technology experts and educators, Make It Happen engaged with four Glasgow schools to initiate an app design contest. The straightforward objective was to have students conceive an app that would simplify life, address an issue, enhance the world, or provide amusement. Subsequently, JPMorganChase’s tech volunteers would transform the winning proposals into fully operational apps for students to present to their social circles. The young tech enthusiasts proposed a variety of app concepts, from improving communication to easing daily tasks, enhancing the learning experience, or animating characters and illustrations. Their fresh viewpoints have been a valuable asset, prompting a shift in perspective on our engagement with the world. With a strong emphasis on inclusivity, Make It Happen has successfully extended its influence to the most remote parts of Scotland, including the Scottish islands, ensuring that every young person, regardless of their background, has the opportunity to join. The program has organized several nationwide contests in England and Scotland, highlighting themes such as environmental sustainability, spreading holiday cheer, and advocating for STEM, providing a platform for students from various regions to demonstrate their ingenuity and innovation. To foster STEM learning beyond the app design contests, Make It Happen has crafted workshop materials aimed at enhancing community and family involvement. Equipped with green screens, modular construction toys, and mini robots, Make It Happen workshops stimulate children aged 5-12 to produce brief stop-motion films. Through this process, they are encouraged to think critically and creatively, tackle challenges, grasp the basics of coding, and interact with their peers. As we gaze into the future, the trajectory of Make It Happen stands as a beacon of the potential of collaborative efforts and innovation. With the app design competition now overseen by Tech for Social Good and the commitment of numerous volunteers and educators, Make It Happen is set to inspire the forthcoming generation of digital innovators.

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Samsung Teams Up with Instacart to Revolutionize Grocery Shopping with AI-Powered Fridges

2025-10-27 08:50:15

Samsung is transforming its smart fridges into more than just storage units. Through an innovative collaboration with Instacart, the tech giant is set to introduce a game-changing feature that uses AI to help you automatically replenish groceries without lifting a finger.  Soon, owners of Samsung's Bespoke fridges will be able to shop for groceries directly from their fridge screens. The integration with Instacart means the fridge will recognize when you're running low on items and suggest what to buy, adding them to your shopping list for quick and easy ordering via the app. This new feature leverages Samsung Vision AI, a technology that scans your fridge's contents, identifying the items inside and keeping track of what you need. By utilizing Instacart’s product matching API, the fridge will provide tailored grocery suggestions and allow you to place an order without ever leaving the kitchen. To make it all possible, the fridge is equipped with cameras that track when items are added or removed. While the system doesn’t monitor the fridge door compartments or the freezer, it can identify up to 37 different food items, including fresh produce. If something isn't detected, you can still manually input it into your Samsung Food app on either the fridge’s interface or your smartphone. This seamless experience aims to simplify the grocery shopping process. The AI will automatically update your food inventory when you buy items, and even adjust your shopping list when you use ingredients from saved recipes. With this feature, Samsung is not only enhancing convenience but also providing a more intelligent way to manage your kitchen. However, it remains to be seen how the system will perform in real-life usage, and whether it will truly streamline the grocery shopping experience. Previously, Samsung fridges had an Instacart app, though it wasn’t linked to the fridge's cameras. Interestingly, the app disappeared earlier this year from certain models. Samsung has announced that this new Instacart feature will be available later in 2025 through a firmware update for fridges that support the AI Vision Inside system, first introduced last year.

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U.S. Government Secures Major Nuclear Deal to Strengthen Clean Energy Future

2025-11-05 23:05:23

The U.S. General Services Administration (GSA), responsible for managing government buildings, has just announced a major nuclear energy deal. This follows a series of nuclear energy agreements made by prominent tech companies last year. The 10-year contract, valued at $840 million, involves 10 million megawatt-hours of electricity, which the GSA claims is enough to power over 1 million homes annually. The contract was awarded to Constellation, which operates the largest nuclear fleet in the U.S., and has recently entered into an agreement with Microsoft to restart a reactor at the infamous Three Mile Island site. According to Constellation spokesperson Paul Adams, nuclear energy comprises a significant portion of the contract, amounting to around 4 million megawatt-hours. As demand for electricity from AI data centers continues to rise, Silicon Valley is increasingly turning to nuclear energy to meet its needs. As the largest energy consumer in the U.S., the federal government’s contract is a significant boon to the nuclear industry. Joe Dominguez, Constellation’s President and CEO, commented in a press release, "Frustratingly, nuclear energy had been excluded from many corporate and government sustainable energy procurement programs. Not anymore. This agreement is another powerful example of how things have changed." He added, "The U.S. government, alongside Microsoft and other entities, is backing continued investment in reliable nuclear energy, enabling Constellation to relicense and extend the life of these critical assets." Constellation claims to generate 10% of the nation's carbon-free energy. Most of its output comes from nuclear power, but it also produces hydropower, wind, and solar energy. Additionally, the company operates gas-fired plants, though it has set a target to reach 100% carbon-free electricity by 2040, up from nearly 90% today. Neither Constellation nor the GSA responded to inquiries about the breakdown of the electricity sources other than nuclear in the contract. This is the largest energy procurement deal the GSA has ever signed. “This historic procurement locks in a cost-competitive, reliable supply of nuclear energy,” GSA Administrator Robin Carnahan said in a press release. “We’re showing how the federal government can collaborate with major corporate clean energy buyers to stimulate new nuclear energy capacity and ensure a steady, affordable supply of clean energy for all.” The contract will allow Constellation to extend licenses for existing nuclear plants and "invest in new equipment and technology," potentially adding 135 megawatts of additional capacity. Over the next 10 years, GSA has agreed to purchase 2.4 million megawatt-hours of electricity from this expanded capacity. The deal also extends to 13 other federal agencies, including the Departments of Veterans Affairs, Transportation, and the Federal Bureau of Prisons, as well as the National Park Service, Social Security Administration, and the U.S. Mint. The GSA frames this contract as a way to lock in lower prices amid rising electricity demand from data centers and increasing competition for clean energy sources: "With the uncertainty over future electricity prices and the growing demand from data centers and AI facilities, this contract provides federal agencies with budget stability and protection from future price hikes by fixing their electricity costs for 10 years, while also continuing to strengthen the domestic nuclear industry." Over the past year, companies like Google, Meta, Amazon, and Microsoft have all made notable nuclear energy deals. In September, Microsoft and Constellation announced plans to restart a shuttered reactor at Three Mile Island in Pennsylvania, the site of the worst nuclear accident in U.S. history. The Biden administration has also made nuclear energy a key component of its strategy to shift the U.S. away from fossil fuels and toward energy sources that don’t contribute to climate change. Last October, the Department of Energy announced a $1.52 billion loan to help restart a retired nuclear plant in Covert Township, Michigan. While President-elect Donald Trump plans to reverse progress made on clean energy, his campaign agenda included efforts to "support nuclear energy production."

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Strengthening Community Cyber Defenses through Engagement and Learning

2025-10-25 17:52:28

As part of our commitment to Cybersecurity Awareness Week, JPMorganChase has launched a suite of vibrant community initiatives aimed at educating both young people and adults on the basics of cybersecurity, thereby bolstering their online safety. Read on to discover how these initiatives have impacted the digital resilience of the communities we support. Fostering Interest in Cybersecurity at Global Impact Academy By Candice Biamby and London Murray, Product Security In celebration of Cybersecurity Awareness Week, the cybersecurity team from the Atlanta Tech Center at JPMorganChase collaborated with the External Community Engagement program to cultivate an interest in cybersecurity among students at the Global Impact Academy (GIA) STEM Magnet High School in Fairburn, GA. With a student body of 588 talented individuals from grades 9-12, GIA offers a range of career tracks in advanced mathematics, science, engineering, biotechnology, cybersecurity, game design, computer science, and more. This half-day event included presentations by JPMorganChase’s Cybersecurity and Technology Controls experts, who discussed their career paths and the diverse opportunities available in the cybersecurity sector. Students engaged in hands-on workshops that covered various aspects of cybersecurity, such as security engineering, governance, risk management, compliance, and cyber operations. The event was a fantastic opportunity to engage with future STEM leaders. The GIA students asked thought-provoking questions and demonstrated impressive knowledge. Our team relished the lively debates, particularly the spirited exchange when students shared their AI experiences, which led to a mix of curiosity, admissions, and laughter. The students' passion and curiosity bode well for the future of cybersecurity, marking a successful conclusion to our Cybersecurity Awareness Week at JPMorganChase. Enhancing Digital Protection for Youth and Seniors By Sesh Subramanyan and Venkat Melam, Cybersecurity and Technology Controls Cybersecurity Awareness Week was a nationwide campaign in India, featuring a range of community engagement activities focused on cybersecurity. These activities included quizzes, puzzles, and awareness sessions for children and seniors from employee families, with over 200 participants. The goal was to enhance understanding of cybersecurity and encourage secure online behavior. The 'CyberKids' session, designed for children aged 12-16, covered essential topics such as secure internet usage, recognizing online threats, and safeguarding personal information. In contrast, the 'CyberSeniors' session was aimed at older family members, offering practical advice on online security, identifying scams, and protecting digital identities. These sessions provided vital knowledge about online risks, including cyberbullying and phishing, helping families establish a secure digital environment. Given the increasing cyber threats targeting the young and elderly, such awareness sessions are essential for safeguarding our loved ones. The foundation of cybersecurity begins at home.

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Enhancing Community Cybersecurity through Outreach and Education

2025-11-08 02:46:30

In alignment with our dedication to Cybersecurity Awareness Week, JPMorganChase has initiated a series of dynamic community programs designed to educate both youth and adults on the fundamentals of cybersecurity, thereby enhancing their digital protection. Continue reading to understand the impact of these programs on the cyber resilience of the communities we serve. Igniting Passion for Cybersecurity at Global Impact Academy By Candice Biamby and London Murray, Product Security As part of our Cybersecurity Awareness Week celebrations, the Atlanta Tech Center's cybersecurity division partnered with the External Community Engagement initiative to ignite enthusiasm for cybersecurity among students at the Global Impact Academy (GIA) STEM Magnet High School in Fairburn, GA. With 588 exceptional students from grades 9-12, GIA offers a variety of career paths in advanced mathematics, science, engineering, biotechnology, cybersecurity, game design, computer science, and more. This half-day event featured presentations from JPMorganChase’s Cybersecurity and Technology Controls personnel, who shared their personal journeys and the array of career prospects in the cybersecurity field. Students participated in interactive workshops that explored various facets of cybersecurity, including security engineering, governance, risk management, compliance, and cyber operations. The event was an exceptional opportunity to connect with future STEM pioneers. The GIA students posed insightful questions and displayed remarkable knowledge. Our team enjoyed the spirited discussions, especially the animated conversation when students discussed their AI experiences, which resulted in a blend of curiosity, admissions, and laughter. The students' enthusiasm and inquisitiveness are a promising indication for the future of cybersecurity, marking a fitting end to our Cybersecurity Awareness Week at JPMorganChase. Boosting Digital Safety for the Young and the Elderly By Sesh Subramanyan and Venkat Melam, Cybersecurity and Technology Controls Cybersecurity Awareness Week was a nationwide campaign in India, encompassing a variety of community engagement activities centered on cybersecurity. These activities included quizzes, puzzles, and awareness sessions for children and seniors from employee families, with over 200 participants. The objective was to deepen the understanding of cybersecurity and promote secure online practices. The 'CyberKids' session, tailored for children aged 12-16, addressed key topics such as secure internet browsing, identifying online threats, and protecting personal information. In contrast, the 'CyberSeniors' session targeted older family members, providing practical guidance on online security, recognizing scams, and safeguarding digital identities. These sessions imparted essential knowledge about online risks, including cyberbullying and phishing, assisting families in creating a secure digital environment. Given the escalating cyber threats targeting the young and elderly, such awareness sessions are crucial for protecting our loved ones. The cornerstone of cybersecurity starts at home.

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Tesla Sees First-Ever Year-Over-Year Sales Decline

2025-11-12 22:42:36

Tesla’s production and delivery figures for 2024 have revealed a sobering reality for the electric vehicle leader. The company produced 1.77 million vehicles this year, marking a 4% decrease compared to 2023. In terms of deliveries, Tesla reached 1.79 million, about 1% fewer than the previous year. Additionally, Tesla deployed 31.4 GWh of energy storage, though this alone wasn’t enough to offset the overall sales downturn. Despite these setbacks, the company did experience a strong fourth quarter, setting new records for both deliveries and energy storage deployment. Tesla delivered 495,570 vehicles during the final quarter of the year, with 459,445 units produced, predominantly consisting of Model 3 and Model Y vehicles. Energy storage deployments also reached a record 11 GWh in Q4. However, this late surge in deliveries wasn’t enough to bring Tesla’s full-year figures up to 2023 levels. Tesla CEO Elon Musk had already signaled earlier in the year that intensified competition and reduced demand for its aging model lineup would weigh on 2024 results. Even the introduction of the Cybertruck, which began deliveries late last year, failed to reverse the trend. While the fourth-quarter performance was strong, it still fell short of Wall Street’s expectations, which had forecast 504,800 vehicles delivered. As a result, Tesla’s stock price took a hit, dropping by about 5% following the announcement of the disappointing numbers. Looking ahead, the future remains uncertain. A potential shift in U.S. policy following a possible second term for President Donald Trump could further impact Tesla’s prospects. If the new administration eliminates key incentives, such as the $7,500 EV tax credit, Tesla vehicles may become less affordable, which could dampen demand. Musk has teased the release of a more affordable Tesla in 2025 and a fully autonomous Cybercab by 2026, but both projects face significant hurdles. Furthermore, Tesla’s position in China is becoming increasingly precarious as the country’s domestic EV market grows at a rapid pace. The Chinese market, which is Tesla’s largest and most important, is seeing rising competition from local manufacturers like BYD, eroding Tesla’s market share.

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Enhancing Revenue with Sales Automation: A Comprehensive Guide for Businesses

2025-11-07 22:37:16

In today's rapidly evolving digital landscape, leveraging technology and automation tools to streamline various aspects of the sales process is crucial for businesses aiming to boost efficiency and revenue. Sales automation encompasses a range of tasks, including lead generation, customer relationship management (CRM), reporting, and more, all handled automatically to optimize the sales workflow. Sales automation for agencies focuses on accelerating processes, simplifying sales operations, and enabling sales teams to concentrate on high-value activities that drive revenue. By automating repetitive tasks, businesses can save time and resources, allowing sales representatives to prioritize building relationships, closing deals, and delivering exceptional customer experiences. The Sales Automation Process Sales automation software can streamline virtually every component of the sales process. Below are some key examples of how marketing automation tools benefit agencies: Lead Management Sales automation tools are instrumental in capturing and managing leads. These tools can score leads based on their likelihood to convert and assign them to sales representatives who can finalize the transaction. Without sales technology, sales teams would spend considerable time verifying leads and identifying promising prospects. Prominent software solutions for lead management include: HubSpot Salesforce Zendesk Prospect Communication Automation tools enhance customer communication by automating email generation, customer chats, and appointment scheduling. By eliminating mundane tasks, sales teams can focus on acquiring new leads and closing sales. Effective tools for prospect communication automation include: Drift Outreach Proposify Meeting Scheduling Scheduling individual meetings with potential clients is vital but can be time-consuming when coordinating busy schedules. Automation tools can streamline this process by identifying available slots and proposing times that work for both parties. Popular tools for meeting scheduling automation include: Doodle Chili Piper Calendly Activity Logging A significant advantage of sales automation is its ability to log all activities related to lead progress. Sales representatives can track client interactions, meeting schedules, and the stages of the buyer's journey within the sales process. This feature enables sales managers to monitor team performance effectively. Key tools for activity logging include: Gong Pega Workato Reporting Automated sales software can compile data into comprehensive reports for management. These tools provide up-to-date information on performance, revenue, and lead outcomes, reducing the likelihood of manual entry errors and enhancing data visualization through charts and graphs. Leading automated reporting tools include: Coefficient Databox Pipedrive Benefits of Investing in Sales Automation Software Increase Productivity The primary reason for adopting sales automation is to enhance sales team productivity. Automation performs tasks more efficiently and accurately, allowing employees to focus on strategic activities and closing deals. Boost Sales Sales automation tools provide sales teams with easy access to customer data, enabling more effective communication with prospects and improving the chances of closing deals. Enhanced data insights allow for better-targeted messaging, ultimately increasing sales. Improve Customer Retention Retaining existing customers through upselling, cross-selling, and repeat business is crucial. Sales automation tools automate key retention tasks, such as sending follow-up emails post-transaction, reducing human error and improving customer retention rates. Generate Analytics Reports Sales automation software streamlines the process of generating detailed analytics reports. These tools quickly compile sales data into actionable insights, aiding strategic decision-making and allowing leaders to make evidence-based choices. Refined Customer Experience The ultimate goal of sales automation is to enhance the customer experience. Automation speeds up processes like generating quotes and offers, ensuring customers receive timely and efficient service. Improved communication between sales representatives and customers further enhances the overall experience. Conclusion Investing in sales automation tools is a strategic move for businesses seeking to optimize their sales processes, increase revenue, and improve customer satisfaction. By automating repetitive tasks, sales teams can focus on high-value activities that drive business growth. With the right tools, businesses can enhance productivity, boost sales, retain customers, and make data-driven decisions, ultimately leading to a refined and efficient sales operation.

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Strengthening Community Cyber Defenses through Education

2025-11-18 06:14:19

As part of our commitment to Cybersecurity Awareness Week at JPMorganChase, we organized a variety of interactive community events aimed at educating both young people and older adults on the essential aspects of cybersecurity, ensuring their digital safety. Read on to discover the significance of these initiatives in bolstering the cyber resilience of the communities we support. Fueling Cyber Enthusiasm at Global Impact Academy By Candice Biamby and London Murray, Product Security Marking Cybersecurity Awareness Week, the cybersecurity team from Atlanta Tech Center collaborated with the External Community Engagement initiative to stimulate interest in cybersecurity among students at Global Impact Academy (GIA) STEM Magnet High School in Fairburn, GA. With 588 talented students from grades 9-12, GIA offers a range of career paths in advanced mathematics, science, engineering, biotechnology, cybersecurity, game design, computer science, and beyond. This half-day event included presentations from JPMorganChase’s Cybersecurity and Technology Controls staff, who shared their personal experiences and the diverse career opportunities available in the cybersecurity sector. Students engaged in interactive breakout sessions that covered various aspects of cybersecurity, such as security engineering, governance, risk management, and compliance, and cyber operations. The event was a fantastic opportunity to engage with future STEM leaders. The students at GIA asked thought-provoking questions and demonstrated impressive knowledge. Our team relished the dynamic discussions, particularly the lively exchange when students shared their experiences with AI, which led to a mix of curiosity, admissions, and laughter. The students' passion and curiosity are a promising sign for the future of cybersecurity, making a fitting conclusion to our Cybersecurity Awareness Week at JPMorganChase. Enhancing Digital Safety for Youth and Elders By Sesh Subramanyan and Venkat Melam, Cybersecurity and Technology Controls Cybersecurity Awareness Week was a nationwide initiative in India, featuring a range of community engagement events focused on cybersecurity. These events included quizzes, puzzles, and awareness sessions for children and seniors from employee families, with over 200 participants. The goal was to increase understanding of cybersecurity and encourage secure online behavior. The 'CyberKids' session, for children aged 12-16, covered essential topics such as secure browsing, recognizing online threats, and safeguarding personal data. Meanwhile, the 'CyberSeniors' session targeted older family members, offering practical advice on online security, scam identification, and protecting one's digital identity. These sessions provided critical knowledge about online risks, including cyberbullying and phishing, helping families to establish a secure digital environment. Given the increasing cyber threats targeting the young and elderly, such awareness sessions are vital for safeguarding our loved ones. The foundation of cybersecurity lies within the home.

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