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New survey finds Canadians are longing for trips abroad, with 87 per cent reporting travel being the source of some of their most cherished memories

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Wise (LON: WISE), the global technology company building the best way to move money around the world, today released global survey data shedding light on the views of Canadian international travellers.

The findings uncovered that while the majority of Canadians who travel internationally (58 per cent) remain wary about trips abroad due to the rise of the Delta COVID-19 variant, and less than one quarter plan to travel internationally in the next six months, more than two-thirds (78 per cent) say international travel is one of the things they’re most looking forward to as the pandemic stabilizes.

The survey also revealed that Canadians are more hesitant towards international travel than their southern neighbours, with 42 per cent of Americans planning trips abroad in the next six months, compared to only 24 per cent of Canadians.

“As a company committed to easing the financial woes of moving and spending money internationally, we understand there have been even more obstacles to contend with during the pandemic,” says Lindsey Grossman, Director of Product, North America at Wise. “Given the resulting limitations on travel, more than half (55 per cent) of Canadians are now reporting a stronger desire to see the world than ever before. As Canadians explore future opportunities to travel abroad, we look forward to helping them get the most out of their trips, and in the meantime we will continue to make it easier, cheaper and more transparent for Canadians – whether business owners or consumers – to send money internationally.”

Top responses for what’s been missed most about international travel include seeing new sights (56 per cent), experiencing new environments (53 per cent), disconnecting and relaxing (53 per cent), and learning about different cultures (52 per cent).

With many Canadians reporting top challenges like hotel prices and inflated exchange rates as their biggest financial “pain points” when traveling internationally, it’s no surprise that about three quarters of Canadians stated they would find Wise’s services very helpful for their next international trip.

Key Survey Findings:

  • 87 per cent of Canadians agree that international travel has provided them with some of their most cherished life memories
  • About four in five (78 per cent) of Canadians said as things get back to normal, international travel is one of the things they’re looking forward to most
  • More than half of Canadians – 55 per cent – said they have more of a desire to travel internationally than ever before
  • Less than a quarter of Canadians – 24 per cent – said they are currently planning an international trip within the next six months. Of people planning to travel within this timeframe, men and younger Canadians (18-34) were most likely to be planning international getaways at 28 per cent and 32 per cent respectively
  • When asked about what they’ve missed most about international travel, seeing new sights, experiencing new environments, disconnecting and relaxing, and learning about different cultures ranked in the top responses
  • 88 per cent of Canadians said the pandemic has kept them from travelling internationally as much as they normally would
  • Canadians (77 per cent) are more likely than Americans (68 per cent) to say that border entry restrictions and quarantine rules have made them less interested in traveling internationally
  • 75 per cent of Canadians said health and safety concerns amidst the pandemic have made them less interested in travelling internationally

Survey Methodology
This poll was conducted between August 27-29, 2021 among a national sample of 500 International Travellers in Canada. The interviews were conducted online, and Morning Consult employed robust sampling and weighting strategies guided by government statistics to ensure our final data is nationally representative according to gender, age, household income, educational attainment, and region. Results from the full survey have a margin of error of plus or minus 4 percentage points.

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MarketsandMarkets appoints Nirmal Shani as Managing Partner in Dubai, in line with IPO plans

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DELRAY BEACH, Fla., Nov. 26, 2024 /PRNewswire/ — MarketsandMarkets, the only Indian-origin startup to feature in the Forbes list of ‘America’s Best Management Consulting Firms 2023’, has appointed Nirmal Ramesh Shani as Managing Partner.

Nirmal joins MarketsandMarkets from S&P Global to lead its real-time megatrend disruption impact platform for the global energy sector. He has over 23 years of experience with IHS Markit, Dun & Bradstreet, and Times of India. During his formative years, he supported his family business, exporting Indian handicrafts to Japan and USA.

Sandeep Sugla, Founder and CEO of MarketsandMarkets, said: “It’s my pleasure to welcome Nirmal to MarketsandMarkets. His leadership further strengthens our ability to address customer needs at a time when the global energy, power, chemical, material, and industrial sectors are undergoing unprecedented transformations. We estimate approximately USD 25 trillion emerging from new revenue sources by 2030 as megatrends like AI, clean tech, blockchain, IoT, etc., disrupt current revenue streams of customers and the customer’s customers.”

Milan Rao, COO and CRO of MarketsandMarkets, said, “Nirmal joins a growing list of global leaders who are committed to taking our AI-enabled platform, KnowledgeStore, and our cutting-edge growth and disruption consulting capabilities to over 13,000 clients globally. His knowledge and expertise will add significantly to our presence in the energy and ESG sectors worldwide.”

Nirmal is passionate about energy and sustainability; in his most recent role at S&P Global, he helped create landmark platforms — such as the CERAWeek Asia Pacific Energy Forum in Houston, the India Energy Forum in New Delhi, the partnership with PETRONAS for Energy Asia in Kuala Lumpur, and with Japan’s Ministry of Economy, Trade and Industry (METI) for the Asia Green Growth Partnership Ministerial Meeting (AGGPM) — to elevate the Voice of Asia within the global energy system towards an ‘Equitable Energy Transition for All’. 

On his appointment, Nirmal said: “MarketsandMarkets helps progress my mission to the next level. I haven’t seen any other platform in the world that provides such a telescope for global energy, chemical, and industrial leaders to analyze the impact of disruptive shifts in real-time and in an interconnected way. The proprietary tools combined with exclusive on-demand access to research, and a dedicated growth program manager ensures our clients avoid missing blind spots and gain early mover advantages.”

Nirmal is an alum of Narsee Monjee College and Welingkar Institute of Management. He serves on the Board of Advisors/Governing Council of Umang Foundation, a non-profit organization with whom he has been associated since 2009. His philanthropic initiatives focus on education and health-related issues in rural India.

About MarketsandMarketsTM 

MarketsandMarkets, recently featured on the Forbes list of America’s Best Management Consulting Firms, is a blue ocean alternative in growth consulting and program management with the widest lens on emerging technologies, leveraged through a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. The B2B economy is witnessing the emergence of USD 25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. MarketsandMarkets works with several Forbes Global 2000 B2B companies, helping them monetize this USD 25 trillion opportunity—through TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing—and stay relevant in a disruptive ecosystem. MarketsandMarkets’ cutting-edge AI-powered KnowledgeStore™ platform (Market Intelligence Cloud) integrates research and facilitates analyses of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To learn more, visit www.MarketsandMarkets.com or follow us on Twitter, LinkedIn, and Facebook.

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Media inquiries:
Mr. Rohan Salgarkar
USA: +1-888-600-6441

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Co-founders Aman Gupta and Sandeep Sugla with Nirmal Shani at MarketsandMarkets headquarters in Pune, India.
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StarCompliance Expands Cryptocurrency Compliance Capabilities with the Acquisition of Aer Compliance

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Bringing traditional securities trading compliance and digital asset management into one comprehensive solution

ROCKVILLE, Md., Nov. 26, 2024 /PRNewswire/ — StarCompliance (Star), a leading SaaS provider of employee compliance technology solutions, is excited to announce the acquisition of Argus Inc. DBA  Aer Compliance (Aer), a leader in cryptocurrency trading pre-clearance and post-trade monitoring solutions. This strategic acquisition positions Star clients to monitor and mitigate risk more holistically by bringing traditional securities trading, and now digital assets, into one comprehensive solution. With Aer’s unique capability to monitor at the coin and wallet level—going beyond ETFs— Star’s clients will gain unparalleled visibility and control in the rapidly evolving cryptocurrency landscape.

“By integrating Aer’s advanced technology into our platform, Star is helping our clients prepare and get ahead of emerging regulations in the fast-changing cryptocurrency space,” said Jennifer Sun, CEO of Star. “We’ve been very fortunate to work with Owen and his team over the last 18 months as partners and now look forward to our future as a combined company.”

Owen Rapaport, Aer’s co-founder and CEO, will join Star as Executive Director of Product Management, Digital Assets, continuing to develop, integrate and introduce innovative solutions for mitigating cryptocurrency and digital asset risk. This acquisition builds on Star’s leadership position in regulatory compliance, adding advanced tools to Star’s Employee Conflicts of Interest suite, tailored to the rapidly evolving world of digital assets, ensuring clients stay ahead of emerging regulatory requirements.

The Aer acquisition adds several capabilities to Star’s robust offerings, including:

  • Configurable, automated employee pre-trade clearance, post trade monitoring and automated alerts for digital assets
  • Elimination of manual trade reviews with the ability to identify potential violations with post-trade monitoring across 130+ exchanges and 30+ blockchains
  • Recognition of undeclared employee accounts using public blockchain data
  • AI technology enabling assisted reviews of marketing content for unsubstantiated statements of material facts and hypothetical performance leading to faster approvals.

“As cryptocurrency continues to mature both as a personal investment asset class and a strategic business line for financial institutions, the demand for robust compliance solutions has never been greater,” said Rapaport. “Star’s vision for advancing employee compliance aligns perfectly with Aer’s commitment to fostering trust and integrity in this evolving landscape. Together, we will deliver cutting-edge products and usher in a new era of cryptocurrency trading and compliance.”

About Aer Compliance

Aer Compliance (Aer), incorporated in Delaware as Argus Inc., is the first employee trade compliance solution for digital assets. With a customer base comprising the largest funds and market makers globally, Aer’s software brings robust controls to this world of emerging risks. As regulators increase their scrutiny of cryptocurrency, Aer is the essential way to ensure appropriate measures are in place to protect both the firm and its employees. Aer’s US federal public sector work further informs its cutting-edge approach to compliance. You can find out more about the solution at www.aercompliance.com

About StarCompliance

StarCompliance (Star) is a leading provider of employee compliance technology solutions. Trusted for over 25 years by over a million users in 114 countries, Star’s next-generation platform and user-friendly interface delivers the data, technology, and actionable insights needed to proactively mitigate risk, monitor conflicts globally, and support complex whistleblowing regulations. Visit www.starcompliance.com to discover the comprehensive security and unparalleled assurance you need to build a culture of compliance today. 

Media Contact:
Greg Tarmin
+1 917-868-7791
[email protected]

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London Blockchain Summit: Blockchain in Government and Public Sector Successfully Convenes at the House of Lords

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LONDON, Nov. 26, 2024 /PRNewswire/ — London Blockchain Conference (LBC) is proud to announce that the London Blockchain Summit: Blockchain in Government and Public Sector was held in the House of Lords, UK Parliament on Monday, 25th November.

This exclusive, invite-only gathering brought together leading policymakers, technology pioneers, and industry experts to explore the critical intersection of blockchain technology and governance frameworks. The event provided a unique opportunity to discuss DEI strategies, the power of blockchain and AI to reduce bias, and how Web3 and blockchain can drive more equitable access.

The summit kicked off with an introduction by Lord Wharton of Yarm and Baroness Charlotte Owen setting the tone for an evening of meaningful conversations around the potential of blockchain.

The key highlight of the summit was the “Driving Inclusive Innovation: DEI Strategies for Blockchain, Web3, and AI in the UK” panel discussion. The panellists included:

The panel, moderated by Alex Stein, Conference Director for LBC, was structured into three segments: Policy Frameworks for Diversity, Equity and Inclusion (DEI), Addressing Bias in AI, and Equitable Access in Web3 and Blockchain. The discussion delved into importance of embedding DEI into tech policy frameworks, addressing systematic AI biases through ethical benchmarking, the role of blockchain in ensuring transparency and equitable access to data, the importance of partnerships in funding, digital literacy programs, and democratising access with secure technology solutions. The panellists emphasised fostering innovation through diverse leadership, leveraging data to drive impactful decisions and tackling challenges such as digital poverty and gender disparity in the tech space.

Some of the additional key discussion points were:

  • Less than one-third of the tech workforce comprises women, highlighting the gender divide that must be addressed to bring more women into tech and blockchain
  • Education systems need disruptive innovation to integrate technology and blockchain to foster equitable digital literacy, especially for under-represented groups
  • AI and blockchain together can help reduce bias, but frameworks and accountability are needed to ensure ethical implementation and equitable access
  • Organisations must adopt operational practices and blockchain-based solutions that support DEI and encourage diversity of thought to foster innovation

The panel also highlighted actionable strategies such as using procurement processes to prioritise DEI, creating inclusive AI training datasets, and establishing equitable educational opportunities across demographics. They also discussed strategic interventions that organisations should prioritise to create equitable opportunities in Web3 and blockchain.

The London Blockchain Summit was a resounding success with engaging conversations and insights from both the panellists and the audience, that are set to shape the future of blockchain technology in government and public services.

About the London Blockchain Conference

UNITING ENTERPRISE, AI & WEB3 

At the London Blockchain Conference, we show how Blockchain will change the world and help people see another way to manage data, build scalable on-chain solutions and achieve great things. We do this by creating valuable, insightful, and engaging events that educate and inform, allowing you to connect and network to build strong business relationships. Our conference is the best avenue to see blockchain innovations, big ecosystem announcements, new product launches, technology updates, keynote speeches, panels, and fireside chats from blockchain leaders. Join us and experience it for yourself. 

Notes to Editors:

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Dr. Maxine Room, CBE, a trailblazer in education and equality, diversity, and inclusion. With an extensive career leading Further Education colleges and a passion for anti-racism and mentoring, Maxine now applies her expertise to innovative technologies like blockchain and digital literacy.

Chrissy Hill is the General Counsel at Parity Technologies and a champion for diversity of thought. Chrissy has an impressive background spanning law, investment banking, and Web3, and she’s dedicated to creating inclusive, long-lasting business solutions—always with a smile.

Stephanie Ramezan is a seasoned entrepreneur and thought leader in the digital assets space. As the former CEO of Gemini UK and one of the ‘Most Influential Women in Blockchain,’ Stephanie is passionate about empowering female founders and driving equitable opportunities in emerging tech.

Jo Stansfield is the founder of Inclusioneering and a Business Psychologist with a deep background in engineering. Jo’s focus is on embedding diversity and inclusion into the technology and engineering sectors, drawing on her experience and her groundbreaking research into gender and racial diversity.

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