Member Driven Technologies launches new data analytics division to help credit unions

Member Driven Technologies (MDT), a CUSO company that primarily hosts the Episys core processing system from Symitar that provide a private cloud alternative for core processing and IT needs, in a recent announcement has stated the launch of its data analytics division which will help credit unions to organize their data better and make it more actionable. MDT has also hired a team of specialists focused on hosting Symitar's Advanced Reporting for Credit Unions™ (ARCU) clients.

ARCU combines and integrates the present data analytics from multiple sources that improve visibility and track crucial business indicators. MDT will install and support a business intelligence solution for credit union clients and offer additional reporting capability to its users very soon. The firm now no longer has to spend time on maintaining data warehousing, which frees resources for other member-facing initiatives.

With the new offering, MDT will help credit unions leverage data to understand the users' unique needs and provide the personalized experiences they expect. The company will continue to be an increasingly important foundation for credit unions' operational and member service strategy. It will expand its business to help its clients with critical initiatives.

 

Men&Mice unleash the all-new Micetro 10.0 to provide sustainable networking for enterprises

Men&Mice, the leading network management expert in a recent press meet, has announced that Micetrro 10.0, the latest version of its unified DNS, DHCP, and IP address management (DDI) orchestration software. It is primarily aimed to establish sustainable networking best practices that are diverse and heterogeneous in the current global enterprise networks—Micetro 10.0, formerly known as the Men&Mice Suite.

It comes with the company's new branding, and it is focused on creating a robust and unified user experience. Micetro 10.0 is a big step, and it is on the way to becoming the world leader in sustainable networking. The company streamlined the vision for the product as well as the company. The company is renaming the product and infusing a new interface with its new brand identity.

The product creates consistency for the user, strengthens the company's mission to provide a single pane of glass orchestration paradigm, and reinforces the core values of the new brand. Micetro 10.0 supports the latest version of ISC's, including its enterprise-grade high availability configuration to diversify and strengthen network resilience. It is delivering official support for the PostgreSQL database and high availability features to maintain the network environment's fault tolerance.

 

Koch Industries Embraces Networking as a Service Delivered Via Alkira

Koch Industries, Inc., an American multinational corporation, has joined a growing list of organizations and enterprises where the IT organization is evolving to become a general manager of IT that is consumed as a service rather than being built on platforms that are maintained by an internal IT team. With this shift, even Koch Industries, which encompasses cloud platforms and network services, is starting to rely on interconnect.

Rather than securing, deploying, and maintaining routers and firewalls to deliver enterprise-class networking services, the company is becoming economically efficient to consume networking services like any other cloud service. Akira, a provider of wide-area network (WAN) service to Koch Industries, has constructed Alkira Cloud Services Exchange (CSX) using $76 million it raised from Koch Disruptive Technologies (KDT) to aggregate multiple points-of-presence provisioned through a console that Alkira customers access as a cloud service.

The decision made by Koch Industries to employ the Alkira networking service is part of a more extensive series of initiatives. The Alkira approach eliminates the need to acquire networking infrastructure and hire specialists to maintain it. Koch Industries is now primarily focusing on its internal resources on building applications that make a strategic difference in the networking sector. The company aims to elevate the role of an internal IT organization.

 

Northvolt Partners With Fluence to Develop Grid-Scale Battery Storage Technology

 

Northvolt, a battery gigafactory startup, has stated that it will form a partnership with Fluence, an energy storage technology provider, to develop next-generation battery technology for grid-scale storage applications. The co-development of grid storage technology will draw on Fluence's long-standing experience in the sector. It has already been the space for almost a decade as AES Energy Storage. It has since gone on to become one of the leading players in the energy storage system integration and technology space.

This partnership between Northvolt and Fluence will see them developing battery hardware and battery management systems (BMS) optimized for energy storage solutions. Both the companies aim to lower the cost of energy storage using digital intelligence integrated into the full battery lifecycle. As grid-scale energy storage will play a crucial role in transforming energy storage, this partnership will deliver technology with significant societal and environmental benefits.

Both the companies have stated that as part of the agreement, Fluence will also buy batteries produced by Northvolt, which aims to produce 150GWh of cells annually by 2030. This deal will help Fluence avoid potential pitfalls for its rivals in the stationary energy storage system (ESS) industry. Northvolt has also said that it intends to have the most sustainably produced batteries of its manufacturer, which could help its ESS partner meet growing requirements.

 

Bitcoin Price Slumps 14 percent days after reaching an all-time high

The price of Bitcoin, the world's biggest cryptocurrency, tumbled over the weekend and was down as much as 14 percent from record highs posted by the popular cryptocurrency in the past week.  Bitcoin dropped as low as $52,148.98 on Sunday morning after reaching an all-time high above $64,800 on Wednesday, according to CoinDesk. It was the last trading, just over $55,795.

Other cryptocurrencies like ether and dogecoin also took a hit over the weekend. The price of ether, the second-biggest token by market value, dropped as much as 18% and fell below $2,000 on Sunday before more recently trading at over $2,150. Meanwhile, dogecoin, which soared more than 400% at one point last week and hit an all-time high of 45 cents, dropped as low as 24 cents this weekend.

The cryptocurrencies hit record highs this past week. Despite those record prices, some investors have been concerned that cryptocurrencies like Bitcoin are experiencing a bubble. Many cryptocurrency markets operate 24/7, setting the stage for price swings at unpredictable hours. Historically, retail and day traders have driven the moves.

 

 

Ioxt Alliance Expands Its Compliance Program to Mobile Apps and VPNs to Increase Transparency

The ioXt Alliance, in a recent announcement, has stated that it will expand its ioXt compliance program with a brand new mobile application profile which will have added requirements for virtual private networks (VPN) applications. The ioXt alliance compliance program partners with some global leading compliance and governance companies such as NowSecure, NCC Group, DEKRA, Onward Security, and 7layersto set new security standards for the mobile app and VPN markets.

The company aims to bring transparency and visibility to consumer and enterprise buyers to provide advanced security in the IoT sector. Besides, expanding the ioXt certification program into the mobile application platform protects the data from potential security risks. This initiative, led by mobile security pioneer NowSecure, will enable automatic scans of all applications submitted through the Certification Portal.

The ioXT compliance program will make the internet a safe place to safeguard all important data and VPNs' reputation. The program ensures users can safely avoid risks and can enjoy the digital safety consortium. This program will also provide consumers more control and confidence in choosing solutions for protecting themselves and their organizations online. It sets baseline security requirements for a safer and more secure IoT world.