Rt Hon Boris Johnson, former Prime Minister of the United Kingdom

Brooke Shields, actress, New York Times bestselling author, and founder of Commence

H.E. Fahd bin Abdulmohsan Al-Rasheed, Advisor, General Secretariat of the Council of Ministers, Kingdom of Saudi Arabia

Salome Agbaroji, U.S. National Youth Poet Laureate

NEW YORK, Nov. 7, 2024 /PRNewswire/ — Fortune announced today additional confirmed speakers for the 2024 Fortune Global Forum, the premier gathering of CEOs and leaders of the world’s largest multinational companies to explore global business, convening November 11-12, 2024, in New York City at Jazz at Lincoln Center.

Boris Johnson, Prime Minister of the United Kingdom (2019-2022), U.K. Foreign Secretary (2016-2018) and Mayor of London (2008-2016) will conclude Day 1 of the Fortune Global Forum with an expansive discussion focusing on the U.K.’s evolving role in global trade, the economic impact of Brexit, the rise of AI, the challenges of attracting foreign investment amid shifting global alliances, and ongoing conflicts in the Middle East and Eastern Europe. In the discussion, moderated by Fortune Senior Editor-at-Large Geoff Colvin, Johnson will also address what role decisions made by the U.S. and other major economies play in the global landscape and the U.K.’s future.

“As the first major gathering of global business leaders and policy experts since the historic U.S. Presidential elections, the 2024 Fortune Global Forum is more relevant than ever,” said Fortune CEO Anastasia Nyrkovskaya.

Brooke Shields, actress, New York Times bestselling author, and founder of Commence, will be the special guest and featured speaker at the Fortune Most Powerful Women Breakfast on Tuesday, November 12, co-hosted by Alyson Shontell, Fortune Editor-in-Chief; Diane Brady, Executive Editorial Director, Fortune Live Media; Ellie Austin, Deputy Editorial Director, Most Powerful Women, Fortune Live Media; LaFawn Davis, Chief People and Sustainability Officer, Indeed; and Fortune’s Anastasia Nyrkovskaya. Shields will share her thoughts on aging and longevity, as well as her long career in acting, modeling and entrepreneurship, in an interview with Fortune Live Media Editorial Director Kristin Stoller.

H.E. Fahd bin Abdulmohsan Al-Rasheed, Advisor to the General Secretariat of the Council of Ministers, Kingdom of Saudi Arabia, will speak with Fortune’s Diane Brady about Saudi Arabia’s ambitious Vision 2030 plan to create and transform industries of the future, social systems, and urban development.  

The program will also feature a special performance by 2023 U.S. National Youth Poet Laureate and Harvard University student Salome Agbaroji. Additional speakers added to the lineup include:

Advertisement

• Carme Artigas, Co-Chair, U.N. AI Advisory Body; Senior Fellow, Belfer Center Harvard University
• Eric Clark, CEO, North America, NTT Data
• Abby Joseph Cohen, Professor, Columbia University Graduate School of Business
• Isabelle Freidheim, Founder and Managing Partner, Athena Capital
• Lan Guan, Chief AI Officer, Accenture
• Noosheen Hashemi, CEO, January AI
• Elizabeth Kelly, Director, U.S. Artificial Intelligence Safety Institute
• Lynn Martin, President, NYSE Group
• Malina Ngai, Group CEO and Managing Director, AS Watson
• Jennifer Nuckles, CEO, R-Zero
• Robert S. Tucker, Commissioner, New York City Fire Department
• Jing Ulrich, Managing Director and Vice Chairman of Investment Banking, JPMorgan Chase

They join previously confirmed speakers, including football legend and entrepreneur Tom Brady as well as CEOs of major companies such as Alex Chriss of PayPal, Chris Cocks of Hasbro, Brian Cornell of Target, Joanne Crevoiserat of Tapestry, Jim Fitterling of Dow, Paul Hudson of Sanofi, Barbara Humpton of Siemens U.S., Chris Hyams of Indeed, Vimal Kapur of Honeywell, Kristin Peck of Zoetis, John Stankey of AT&T, and C.S. Venkatakrishnan of Barclays, among many others.

Also confirmed to speak are former U.S. CIA Directors Mike Pompeo and Leon Panetta; Adena Friedman, Chair and CEO, Nasdaq; Gita Gopinath, First Managing Director, International Monetary Fund; Josh Kushner, Founder and CEO, Thrive Capital; Rob Manfred and Adam Silver, the commissioners of Major League Baseball and the National Basketball Association, respectively; and more.

The 2024 Fortune Global Forum Co-Chairs are Diane Brady, Executive Editorial Director of Fortune Live Media and the Fortune CEO Initiative; Clay Chandler, Fortune Executive Editor, Asia; and Matt Heimer, Fortune Executive Editor, Features. For more information, including the full agenda and speakers list, visit the event website here.

About the Fortune Global Forum: Since 1995, the Fortune Global Forum has been hosted by the editors of Fortune in great cities on the dynamic frontiers of global business. The Forum convenes leaders from companies that span industries across the globe – the chairmen, presidents, and CEOs of the world’s largest multinational companies. Participation in the Fortune Global Forum is by invitation only.

About Fortune:

Fortune is a global multi-platform media company built on a legacy of trusted, award-winning reporting and information for those who want to make business better. Independently owned, Fortune tells the stories of the world’s biggest companies and their leaders as well as a new generation of innovators who are moving business forward. Digitally and in print, Fortune measures corporate performance through rigorous benchmarks, and holds companies accountable, in regions around the world. Its iconic rankings include Fortune 500, Fortune Global 500, Most Powerful Women, and World’s Most Admired Companies. Fortune builds world-class communities by convening industry thought leaders for exclusive summits and conferences, including the Fortune Global Forum, Brainstorm Tech, and Fortune Most Powerful Women. For more information, visit fortune.com.

Media Contacts:
Patrick Reilly
Fortune
[email protected]

Chelsea Hudson
Fortune
[email protected]

Logo – https://mma.prnewswire.com/media/2167808/Fortune_Media_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/fortune-adds-prestigious-dynamic-speakers-to-global-forum-agenda-302299443.html

SCOTTSDALE, Ariz., Nov. 7, 2024 /PRNewswire/ — Flack Global Metals (FGM), a diversified platform specializing in the buying, selling, manufacturing, trading and investing in flat rolled steel, announced today the execution of the first European hot rolled steel options trade, further cementing its status as a first-mover across the steel ecosystem.

While this is the first options trade recorded, Flack Metals Trading SA, the global trading arm of FGM, based in Lugano, Switzerland, already trades futures and is confident that this first options trade will create further liquidity and price discovery.

“We are excited to be party to the first European hot rolled steel options trade. This contract demonstrates our market leadership in spurring new markets and will act as an effective risk management tool for our international trading arm, which merchants ferrous and non-ferrous material globally,” said Gianpiero Repole, Managing Director of Flack Metal Trading.

The trade was cleared on the Chicago Mercantile Exchange, part of CME Group, the world’s largest derivatives marketplace.

About Flack Global Metals
Launched in 2010, Flack Global Metals (“FGM”) is a hybrid industrial organization specializing in the buying, selling, manufacturing, trading and investing in flat rolled steel. FGM is creating an innovative platform based on risk management and hedging practices combined with a culture of innovation to reduce friction and provide optionality in the volatile steel industry, ultimately increasing enterprise value for all members. With headquarters in Scottsdale, Arizona, FGM has additional offices in Cleveland, Chicago, Atlanta, Lugano, and London.

Media Contact
Haley Rowland, FGM
Director of Marketing & Communications
678-995-4156
[email protected] 

Logo – https://mma.prnewswire.com/media/460275/Flack_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/flack-global-metals-executes-first-options-trade-in-european-hot-rolled-steel-302299102.html

In today’s dynamic fintech landscape, developments range from notable appointments to industry conferences, global ranking achievements, and the ongoing struggle between digital innovation and traditional cash reliance. This op-ed-style daily briefing dives into key updates and their potential impacts on the fintech industry, touching on politics, corporate shifts, and emerging trends.

1. Trump’s Potential Impact on Fintech: Policy Shifts and Market Reactions

As Donald Trump continues to be a central figure in U.S. politics, his stance on financial regulations and fintech could significantly influence the sector’s future. Historically, Trump has advocated for deregulation, which benefited banks and other financial services firms. His policies were known to relax certain compliance requirements, which made it easier for fintech companies to expand.

Under Trump’s administration, fintech firms might anticipate reduced regulatory constraints, particularly for newer sectors such as crypto and online lending. This relaxed stance could lower compliance costs for startups, allowing more resources to flow into technology and product innovation. However, a deregulated environment also increases the risk of market manipulation and consumer harm, raising concerns among advocates for tighter oversight.

The question remains whether a Trump-influenced regulatory environment would favor long-term fintech innovation or lead to an environment that could increase risks for both investors and consumers. As debates continue, fintech companies may need to be agile in adjusting to potential policy changes.
Source: Forbes

2. Hong Kong’s Love for Cash: Fintech Growth Stymied by Cultural Preferences

Hong Kong’s journey toward a cashless society faces a unique cultural hurdle—its residents’ affinity for cash, particularly among taxi drivers. Despite the proliferation of digital wallets and payment platforms in Asia, cash remains king in this metropolis. The attachment to cash among certain groups, especially cab drivers, poses a significant challenge for fintech companies aiming to promote mobile and digital payments in Hong Kong.

This resistance to cashless options highlights the complexities of fintech adoption, where technology alone cannot drive transformation without aligning with user behavior. For Hong Kong, overcoming this challenge may require fintech firms to develop hybrid solutions that incorporate cash with digital functionality or offer incentives for digital adoption. Until then, Hong Kong’s fintech ambitions will remain somewhat constrained by the cultural fondness for cash.

This preference for cash also has implications for Hong Kong’s broader economy. If the city cannot shift toward digital transactions, it may fall behind other financial hubs in terms of fintech innovation and integration.
Source: Bloomberg

3. Dave Inc. Joins the KBW Fintech Conference: Setting the Stage for New Partnerships

Next week, Dave Inc. is set to participate in KBW’s annual Fintech Conference, a major industry event in New York City. Scheduled for November 14, the conference will bring together industry leaders, investors, and innovators. Dave Inc.’s involvement underscores its ongoing commitment to establishing new partnerships and tapping into emerging fintech trends.

Advertisement

For Dave, a prominent U.S.-based neobank, participating in high-profile conferences like this not only enhances visibility but also presents networking opportunities with potential investors and partners. The company’s growth strategy focuses on making financial services more accessible and affordable for underserved communities. With industry leaders present, the conference may foster collaborative efforts, especially in areas such as lending, personal finance, and digital banking.

The KBW Fintech Conference could provide Dave Inc. with critical insights and alliances to further its mission, potentially accelerating product innovation and geographical expansion.
Source: GlobeNewswire

4. MeridianLink’s Recognition in IDC Fintech Rankings: A Boost in Reputation

MeridianLink has recently been recognized in IDC’s Global Fintech Rankings, securing a spot in the Top 50. This accolade acknowledges the company’s commitment to digital transformation within the financial services sector, where it focuses on providing cloud-based software solutions for banks, credit unions, and financial institutions.

Being named to this prestigious list elevates MeridianLink’s reputation within the fintech community. This recognition could help MeridianLink secure more significant contracts with major financial institutions, as industry recognition often leads to increased trust among potential clients. Additionally, this placement in the IDC rankings may serve as a strategic advantage when pursuing funding and partnerships in a competitive market.

This recognition is a testament to MeridianLink’s innovation in fintech, showing how its cloud-based solutions align with industry trends toward digital-first financial services.
Source: Business Wire

5. Leadership Change at Alliant Credit Union: Navigating Transition with New Interim CEO

Alliant Credit Union has named Ken Schaafsma as the interim CEO following the departure of Dennis Devine. Schaafsma, who was previously the CFO, will guide the organization through this transitional phase as it searches for a permanent CEO. Leadership changes in financial institutions often signal shifts in strategic focus or operational adjustments, and Schaafsma’s background in finance could mean an emphasis on fiscal discipline and profitability.

As a credit union with a significant member base, Alliant’s choice of leadership may influence its approach to digital services and customer engagement. With Schaafsma’s familiarity with the organization’s financial health, his interim tenure may bring stability during this transitional period.

In an industry undergoing rapid digital transformation, Alliant Credit Union’s ability to maintain a clear strategic vision and leadership stability will be crucial in keeping pace with fintech competitors.
Source: Fintech Futures

The post Fintech Pulse: The Latest Trends and Insights Shaping Fintech appeared first on HIPTHER Alerts.

Advertisement