Connect with us

Fintech

Top Companies Team Up With Federal Agencies And Nonprofit To Launch First-Of-Its-Kind Cyber Talent Initiative To Protect Against Cyberattacks

Published

on

Reading Time: 3 minutes

 

Mastercard (NYSE: MA), in collaboration with Microsoft, Workday and the nonprofit, nonpartisan Partnership for Public Service today launched the Cybersecurity Talent Initiative – a first-of-its-kind public-private partnership to recruit the nation’s best minds to defend against global cyberattacks. The launch of this initiative serves as a call to action for leading companies, federal agencies and higher education institutions to come together and help grow the talent pipeline of cybersecurity technologists to protect the nation and support our digital economy.

With more than 313,000 cybersecurity job openings in the U.S. between September 2017 and August 2018, the talent deficit is significant and the need for a skilled workforce is steadily expanding. The Cybersecurity Talent Initiative is a new program to help reduce the critical talent gap and support the next generation of motivated, mission-driven cybersecurity leaders.

A selective cross-sector opportunity for highly qualified, recent graduates in cybersecurity-related fields, the Cybersecurity Talent Initiative helps to jumpstart careers and provide the training and experience needed to lead the nation’s cyber defense across the public and private sectors. Participants selected for the program will be guaranteed a two-year placement at a federal agency with cybersecurity opportunities. Before the conclusion of their federal service, participants will then be eligible for full-time positions with the program’s private sector partners, and once hired, will receive up to $75,000 in student loan assistance.

The Cybersecurity Talent Initiative includes an unparalleled group of private sector companies and government agencies that play a vital role in protecting the nation and digital economy.

Founding partners in the program’s inaugural year include:

  • Mastercard
  • Microsoft
  • Workday

Participating federal agencies include:

  • Central Intelligence Agency
  • Department of Defense
  • Department of Energy
  • Department of Health and Human Services
  • Department of Veterans Affairs
  • Environmental Protection Agency
  • Federal Bureau of Investigation
  • Federal Election Commission
  • National Oceanic and Atmospheric Administration
  • Naval Intelligence
  • Small Business Administration

“Cybersecurity is a critical issue facing our world today. It will take a true collaboration between the public and private sectors to get the right resources in place to address the threat,” said Ron Green, chief security officer, Mastercard. “We invite more corporations and government agencies to join us in this critical endeavor and give the best and brightest talent an opportunity to get a step up, enhance their skills and pave their own career paths.”

Throughout the program, participants will engage with subject matter experts from the public and private sectors, build an interagency network of cybersecurity colleagues across government and attend leadership development sessions. By working for government organizations and innovative private sector companies, participants will gain an understanding of the complexity of cybersecurity challenges and develop the necessary skills needed to overcome threats to the nation’s digital infrastructure.

“The Army is pleased to join the Cybersecurity Talent Initiative and partner with top companies and universities across the country to develop cybersecurity talent and provide them with opportunities that help support our nation’s defense,” said Brig. Gen. Jennifer Buckner, director of headquarters Department of the Army’s Cyber, Electronic Warfare and Information Operations. “This program reflects not only our emphasis on, but also the immense value we see in public-private partnerships to collaboratively address the country’s cyberspace talent deficit.”

The federal government’s ability to deliver important services to the American people, protect privacy and safeguard classified information requires an effective and secure digital infrastructure overseen by highly skilled cybersecurity professionals. As of June 2018, only four percent of federal cybersecurity employees are under the age of 30, compared to nearly 14 percent of federal cybersecurity employees over the age of 60, according to federal workforce data.

“It is critical for our government to attract and hire highly skilled workers capable of securing federal computer networks and building defenses against the thousands of cyberattacks that occur every year,” said Max Stier, president and CEO of the Partnership for Public Service, the organization operating the new initiative. “The federal government has fallen more and more behind in the race for cyber talent, and this program will help get it back on track.”

“The Cybersecurity Talent Initiative is an important way for the George Washington University and other top universities to help build a first-class cybersecurity workforce,” said Thomas LeBlanc, president of The George Washington University. “This program offers a unique opportunity for our students to gain invaluable leadership skills and hands-on experience in the public and private sectors, while alleviating the burden of student loan debt.”

Candidates can apply now on the website through October 18. Agencies will make offers by spring 2020 and participants will start in the summer or fall of 2020.

Visit CyberTalentInitiative.org to become a corporate sponsor.

 

SOURCE Partnership for Public Service

Fintech

VersaPay Announces Dream Office REIT as Newest CRE Client

Published

on

 

VersaPay Corporation (TSXV: VPY) (“VersaPay”), a leading provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, automated accounts receivable, cash application and collections management, is pleased to announce that it has added Dream Office REIT (“Dream Office”) as its newest commercial real estate client.

“With our real estate portfolio expanding in Canada and the US, our objective is to enhance our tenants’ experience and provide them with a convenient web-based and mobile portal where they can access their account, retrieve invoices, communicate and make secure electronic payments,” stated Joanne Leitch, Vice President, Property and Operations Accounting at Dream Office. “We want to create efficiencies by eliminating manual processes, minimize errors and reduce the need for tenant account reconciliations. VersaPay offered the platform to make all of this possible.”

“Through our vendor selection process we searched for a company who could provide a platform with extensive functionality with whom we could partner to provide our tenants an improved experience. VersaPay provided what we were looking for in addition to a robust integration with our JD Edwards ERP to provide real-time AR and cash review,” stated Travis Vokey, Vice President and Head of Technology for Dream Office.

“We are so pleased to be working with Dream Office, a forward-thinking Commercial Real Estate company located right here in Toronto,” said Craig O’Neill, CEO of VersaPay. “Dream is a leader in its industry, offering high-quality central business district office properties to an impressive list of tenants. One of the keys to its success has been providing tenants with a market leading experience in all facets of the business, and we’re delighted to extend this to their tenants’ experience in billing and payments.”

 

SOURCE VersaPay Corporation

Continue Reading

Fintech

Xoom Rolls Out Domestic Money Transfer Services in the U.S.

Published

on

 

Xoom, PayPal’s international money transfer service, today rolled out the ability for customers to send money to recipients in the U.S. for the first time. Through strategic alliances with Walmart and Ria, Americans can now use Xoom to send money fast for cash pick-up typically in minutes at nearly 5,000 locations across the country*.

Xoom’s services potentially benefit more than 44 million foreign-born people in the U.S.1 who send remittances to family and friends in their home countries. With the introduction of domestic money transfer services, Xoom will now serve even more customers, including more than half of Americans who make domestic person-to-person (P2P) payments2. Using Xoom’s mobile app or website, consumers will have the ability to send money quickly and securely for cash pick-up at any Walmart or Ria-owned store in the U.S.

“Many of our customers in the U.S. already send money to loved ones in the country, and they usually prefer that the money is available right away,” shared Julian King, Xoom’s Vice President and General Manager. “This rollout reinforces our commitment to make money transfers fast, easy and affordable for everyone, whether they are at home or on-the-go.”

“At Ria, we are delighted to further consolidate our relationship with Xoom and Walmart,” said Juan Bianchi, CEO of Euronet’s Money Transfer Segment. “Our continued partnership is a fine example of how Ria’s technology can serve as an enabler between platforms, offering consumers and partners an added layer of security and compliance screening, in turn facilitating value creation within the Fintech ecosystem.”

Many consumers in the U.S. face personal, institutional and policy-related barriers to access the financial system. These underbanked consumers rely heavily on fringe financial service providers to conduct routine financial transactions and pay high fees in the process. With Xoom’s introduction of domestic transfers, Americans can send money at affordable rates for cash pick-up quickly at 4,684 Walmart stores and 175 Ria locations across the United States. For more information on store locations and eligible banks, visit xoom.com.

A pioneer in digital remittances, Xoom is a fast way to securely send money, pay bills and reload phones for loved ones in over 160 countries globally. These remittances serve as a lifeline for many people around the world and are used to pay for every day needs like utility bills, healthcare, and education costs, as well as emergencies. The largely cash-based system of sending money across borders is full of paperwork, high fees, standing in line and an ever-present uncertainty of when, and if, the money will arrive when it’s needed. By providing fast and more secure payment options for customers to seamlessly and securely send money across borders by going online or using a mobile device, PayPal and Xoom are helping to expand and improve the financial health of millions of people worldwide.

*Fees and Limitations apply

 

SOURCE PayPal, Inc.

Continue Reading

Fintech

SpeakEasy Awarded Cultivation, Processing and Cannabis Sales Licence by Health Canada

Published

on

 

SpeakEasy Cannabis Club Ltd. (CSE: EASY) (Frankfurt: 39H) (“SpeakEasy” or the “Company“) is pleased to announce that it has received Health Canada’s coveted licence for cultivation, processing and medical sales. The Company, situated on 290 acres of fertile land in the Okanagan’s renowned Golden Mile, has demonstrated adherence to the industry’s rigorous compliance standards, and can now grow and provide its high quality, small-batch cannabis to the burgeoning recreational and medical markets.

With the receipt of the licences, the Company has immediately begun cultivation of cannabis in its 10,000-square-foot, purpose-built, state of the art facility. The Company has aquired an extensive library of unique genetics that will be used as starting material for the cultivation of cannabis at the facility.

SpeakEasy’s outdoor cultivation site has also been completed and stands ready to receive these genetics for the 2020 growing season. SpeakEasy plans to submit its evidence package for the outdoor field and amend its licence to allow outdoor cultivation on its 60 acre field. “Receiving our licence at long last, is a dream come true for all of us in the SpeakEasy family. The support we have received from shareholders, employees, family and friends has been overwhelming and I appreciate you all more than I can say,” says Marc Geen, founder of SpeakEasy. “When it comes to producing phenomenal craft cannabis, farms will always be superior to factories and culture will always speak louder than corporations. Real people recognize authenticity and SpeakEasy intends to lead by example, sharing the story of our people through the excellence of our product.” With the anticipation of receiving its outdoor licence, SpeakEasy is positioned to become one of the largest cannabis producers in Canada with extremely low cost per gram outdoor grown flower and extremely high quality small batch indoor flower.

SpeakEasy recently completed the transformation of a 60 acre orchard into a custom built outdoor cannabis cultivation environment. The fertile agricultural land is expected to enable the farm to produce up to approximately 70,000kg of cannabis flower and the Company plans to double the output to up to approximately 150,000kg, pending approval of its outdoor cultivation licence.

Construction commenced in the fall of 2017 on the 80,000-square-foot SpeakEasy campus in anticipation of demand for SpeakEasy’s craft cannabis flower and value added products. Buildings two and three were completed to lock-up in the second quarter of 2019 and building four, another 26,600-square-foot facility commenced in the spring of 2019 and is also at the lock-up stage of its development. The anticipated use of building four is the processing of sun grown outdoor flower and biomass for extraction. SpeakEasy has accumulated an impressive library of unique genetics from sources outside existing licence holders, empowering the Company to develop new strains, unique to SpeakEasy, for both indoor and outdoor cultivation.

SpeakEasy founders and team members are long standing advocates for the value of community and harnessing the power of combined expertise through successful farming cooperatives. SpeakEasy now plans to apply the same values for cannabis farming. SpeakEasy’s innovative business model is designed to support industry-leading talent through shared knowledge, resources and passion, with a commitment to maintaining exceptional quality standards and developing unique cannabis strains. The Company empowers experienced growers and geneticists to operate independently with the freedom to develop each cultivar to perfection.

 

SOURCE Speakeasy Cannabis Club Ltd.

Continue Reading

Trending

Thefintechbuzz is a news publishing website which digests / hand picks the latest news about the financial industry industry, and serves them to you daily.

Contact us: pressroom@thefintechbuzz.com

© Thefintechbuzz.com 2019 - part of PICANTE Media. All rights reserved. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania