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Vantage Foundation supports education activities of the UNESCO South Asia Regional Office in New Delhi in India
SINGAPORE, April 24, 2024 /PRNewswire/ — The global imperative to improve access to and the quality of education continues to be paramount. In this regard, independent charity Vantage Foundation notes that India has made significant strides in its education system, with strong indicators pointing to the country’s notable efforts to enhance learning outcomes.
Notably, Vantage Foundation recognises the pivotal role played by the United Nations Educational, Scientific, and Cultural Organization (UNESCO) in facilitating India’s transition toward a digitally empowered society. UNESCO’s profound insights, showcased through the State of Education Report (SOER) published by the UNESCO New Delhi Office, serve as a testament to its commitment to driving positive educational reforms.
“UNESCO New Delhi produces our flagship report on the issues relating to the domain of education in India such as artificial intelligence in education, technical and vocational education, climate education etc.,” explains Joyce Poan, Programme Specialist and Chief of Sector for Education, UNESCO New Delhi. “We collaborated with Vantage on the topic of artificial intelligence and education. These reports are useful to policymakers because they provide updated information and ten concrete recommendations, specific to India.”
“The SOER was the result of meticulous research by experts and designed for practical application. As such, we can bear witness to its tangible effects in India today,” says Steven Xie, Executive Director of Vantage Foundation. “More importantly, its universal insights have the potential to transcend borders, offering far-reaching benefits that extend beyond India.”
Joyce also highlights the reports’ wide-ranging use cases. “Our reports serve as an essential compilation of best practices, going beyond merely informing policymakers. They also represent an important repository of knowledge on the chosen topic, aimed at educating teachers, students, and the public alike,” she explains.
When asked about the future updates to its knowledge base, Joyce explains, “This year, UNESCO New Delhi will prioritise cultural and arts education in India. Our upcoming report will spotlight best practices from different Indian states and strategies for enhancing cultural and arts education across the country.”
Through their collaborative efforts, Vantage Foundation and UNESCO New Delhi exemplify a shared dedication to nurturing educational excellence and societal progress. These initiatives are crafted to inspire the next generation to strive for greater accomplishments, both within India and on a global scale.
About Vantage Foundation
Vantage Foundation is an independent charitable organisation launched at the McLaren Technology Centre in the UK with the support of the UN Refugee Agency (UNHCR), and the NEOM McLaren Extreme E team in 2023. For more information, please visit www.vantage.foundation
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Lydia, a prominent French fintech company known for its innovative financial solutions, has taken a significant leap forward with the launch of its new digital banking app, Sumeria. This development marks a strategic expansion for Lydia as it continues to redefine the financial landscape in Europe and beyond.
About Lydia
Since its inception, Lydia has been at the forefront of fintech innovation in France, providing users with seamless and user-friendly payment solutions. The company has built a strong reputation for its mobile payment app, which allows users to send and receive money, pay for goods and services, and manage their finances with ease. With millions of users and a robust platform, Lydia is well-positioned to venture into the digital banking space.
Introducing Sumeria
Sumeria is Lydia’s latest offering, designed to cater to the growing demand for comprehensive digital banking solutions. The app aims to provide users with a full suite of banking services, all accessible from their smartphones. Key features of Sumeria include:
- Personal and Business Accounts: Sumeria offers both personal and business accounts, enabling users to manage their finances efficiently. The app supports a range of functionalities tailored to meet the needs of individual users and small to medium-sized enterprises (SMEs).
- Intuitive Interface: True to Lydia’s commitment to user experience, Sumeria boasts an intuitive and easy-to-navigate interface. Users can quickly access account information, transaction history, and various banking services with just a few taps.
- Comprehensive Financial Tools: Sumeria provides a range of financial tools designed to help users better manage their money. Features such as budgeting, expense tracking, and personalized financial insights empower users to make informed financial decisions.
- Security and Privacy: Lydia places a high priority on security, and Sumeria is no exception. The app incorporates advanced security measures, including biometric authentication and end-to-end encryption, to ensure that users’ financial data is protected.
- Integrated Payments: Leveraging Lydia’s expertise in payments, Sumeria integrates seamless payment solutions, allowing users to send and receive money instantly, pay bills, and make purchases directly from the app.
Strategic Implications
The launch of Sumeria represents a strategic move for Lydia, positioning the company as a formidable player in the digital banking arena. By expanding its product offering, Lydia aims to capture a larger share of the market and meet the evolving needs of its users. This initiative also reflects a broader trend in the fintech industry, where traditional payment service providers are evolving into comprehensive financial service platforms.
Market Impact
Sumeria’s entry into the market is poised to have a significant impact. With its user-centric design and robust feature set, the app is likely to attract a diverse user base, from tech-savvy millennials to SMEs seeking efficient banking solutions. Moreover, Sumeria’s integration with Lydia’s existing payment infrastructure provides a seamless transition for current Lydia users, further boosting its adoption.
Future Prospects
Looking ahead, Lydia plans to continually enhance Sumeria by adding new features and expanding its services. The company’s focus on innovation and customer satisfaction will be key drivers of Sumeria’s growth. Additionally, Lydia’s potential to scale Sumeria across other European markets presents a substantial opportunity for further expansion.
Source: fintechfutures.com
The post French fintech Lydia launches digital banking app Sumeria appeared first on HIPTHER Alerts.
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