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INTO THE VENUSVERSE: NEW STARTUP EMPOWERS WOMEN TO LEARN, CREATE AND CONNECT IN THE DIGITAL WORLD
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A pair of prominent women in Waterloo Region announced the launch of Venusverse, the first Canadian female founded, female focused educational program, incubator and NFT collection. Addressing the gender gap and removing barriers to entry for women in NFTs, cryptocurrency and Web3, co-founders Janelle Chalouhi and Natalie Dumond created Venusverse to be an inclusive space for women.
The program focuses on educating women about NFTs, cryptocurrency and Web3 by providing insight into digital assets, creating digital collections, building digital brands, developing partnerships, and increasing digital financial literacy. The duo plans to launch the first Venusverse NFTs, the Venusverse Genesis Collection, in mid-February.
“Women account for only five per cent of all cryptocurrency and NFT owners in Canada,” said Janelle Chalouhi, co-founder and CEO of Venusverse. “We are enabling women to be at the forefront of change and evolution as we move into the rapidly evolving world of Web3.”
“We’ve combined over six months worth of discovery and distilled it into one-hour workshops for women to learn, connect and build within the NFT and Web3 spaces, closing the gender gap in crypto and blockchain technology,” said Natalie Dumond, co-founder and Facilitator of Venusverse.
To make an even greater impact in gender equity, the founders of Venusverse are collaborating with Profound Impact Corporation and CivicAction, to build a community where women are empowered with the knowledge required to advance successfully in the next-generation wealth economy.
In true community-building fashion, Chalouhi will join Profound Impact Corporation as an advisor in partnership engagement. Profound Impact is a Toronto-Waterloo innovation corridor-based startup that helps education, research and social impact community organizations leverage data to measure program impact, tell their stories and inform strategies.
“Our collaboration with Venusverse aligns perfectly with our long-term stakeholder engagement strategy,” said Sherry Shannon-Vanstone, founder and CEO of Profound Impact Corporation. “Venusverse will use Profound Impact’s business intelligence and engagement tools to measure the increased involvement of women in NFT, Web3 and crypto. Our shared goal is to measure the global impact of connecting great people to do great work in these growing fields.”
With the support of CivicAction, Venusverse is working to break the systemic barriers that hold women back from fully engaging in and benefitting from the new economy.
“It is critical that our economic recovery be inclusive,” said Leslie Woo, CEO of CivicAction. “This is why it’s important to provide an entry point for women of all intersectionalities. Through education, Venusverse is supporting the comfort and confidence of women, enabling them to be greater beneficiaries in this growth economy.”
Upon the launch of the Venusverse Genesis Collection of 2,022 NFTs in mid-February, 10 per cent of revenue will be donated to the CivicAction Leadership Foundation in support of women in the organization’s leadership programs, including the DiverseCity Fellows and the Emerging Leaders Network.
The launch of Venusverse marks a new era in digital innovation in Waterloo Region – one of the world’s fastest growing tech sectors, and the birthplace of the Ethereum blockchain technology.
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Mashreq Partners with Silent Eight for Compliance Alert Adjudication
- Leading financial institution in MENA region selects AI-based platform to process and resolve customer screening alerts related to anti-money laundering and sanctions requirements.
- Silent Eight’s groundbreaking platform allows financial institutions to reduce manual workloads and risk while maintaining sustainable growth plans.
DUBAI, UAE and SINGAPORE, May 8, 2024 /PRNewswire/ — Mashreq, a leading financial institution in the MENA region, today announced that it has selected Silent Eight to provide Name Screening and Adverse Media Alert Adjudication automation capabilities related to sanctions and anti-money laundering regulatory requirements.
Silent Eight is a pioneering RegTech company whose artificial intelligence-based platform offers solutions across the compliance workflow. This strategic partnership will allow for Mashreq to maintain its innovative solution offerings, reduce workflow and resolution times for compliance alerts, and identify true risks in a faster and more efficient way.
Under the partnership announced today, Silent Eight will provide Mashreq with a solution for Alert Adjudication, in which alerts related to potentially risky or proscribed customers are evaluated, false positives are quickly investigated and closed, and potential true positive alerts are more quickly escalated to Mashreq analysts. Through the efficiency gains offered by Silent Eight’s platform, Mashreq will easily be able to improve its processing rates and reduce friction at the time of customer onboarding.
The multi-year partnership aligns with Mashreq’s core strategy of leveraging digital tools and other innovations in order to enhance convenience for customers and also significantly reduces the bank’s environmental footprint. Thanks to the power of Silent Eight’s AI platform, Mashreq’s compliance and risk professionals will be able to easily identify and investigate alerts that represent genuine financial crime risk.
“Mashreq has stood out amongst financial institutions in the Middle East and North Africa for its commitment to innovative banking solutions, as well as strengthening the overall safety of the global banking system,” said Ben Rayner, Regional Head of UK & EMEA for Silent Eight. “Our Name and Adverse Media Adjudication Platform is perfectly tailored to the compliance and business needs of fast-growing financial institutions, and we’re excited to help support Mashreq’s current and future ambitions.”
“At Mashreq, we are committed to maintaining the highest standards of compliance and regulatory adherence as well as leveraging cutting-edge solutions, and our partnership with Silent Eight is a testament to this commitment,” said Scott Ramsay, Group Head of Compliance & Bank MLRO, Mashreq. “With increasing regulatory requirements surrounding sanctions and anti-money laundering, it is crucial for us to adopt innovative technologies that can effectively and efficiently identify potential risks. Silent Eight’s automation capabilities and AI-driven approach will enable us to stay ahead of evolving threats, ensuring compliance and safeguarding our customers’ interests.”
About
Silent Eight
Silent Eight is a RegTech company that partners with financial institutions to create solutions blending the best of humans and the best of technology, leveraging artificial intelligence. SilentEight’s solution, automates the alert screening, investigation and adjudication process byreplicating human reasoning and decision making based on historical case data and continuouslearning. Silent Eight enables financial institutions to reduce false positives, increase accuracy,and enhance auditability of their compliance operations. Silent Eight works with some of thelargest banks and insurance companies in the world, including Standard Chartered, HSBC, FirstAbu Dhabi Bank and Emirates NBD. Silent Eight is headquartered in Singapore and has officesin New York, London, Warsaw, and Bangalore. For more information, visit www.silenteight.com.
About Mashreq
Mashreq is a more than half-century old bank, yet proudly thinks like a challenger, startup, and innovator. Mashreq pioneered key innovations and developments in banking, starting with entry-level digital-first customers, all the way to powering some of the region’s most prominent corporations and wealth accounts.
The bank’s mandate is to help customers find their way to Rise Every Day, partnering through the highs and lows to help them reach fulfillment, achieve financial goals, and unlock their vision of success.
Reassuringly present in major financial centres of the world, Mashreq’s home and global HQ remains in the Middle East, offering services whenever and wherever opportunity takes its customers.
Find your way to Rise Every Day at www.Mashreq.com/RiseEveryDay.
View original content:https://www.prnewswire.co.uk/news-releases/mashreq-partners-with-silent-eight-for-compliance-alert-adjudication-302137038.html
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