SYDNEY--(BUSINESS WIRE)--Nov 21, 2024-- BoomiTM , the intelligent integration and automation leader, today announced that Australian precious metals and jewellery company Pallion Group has bolstered resilience and customer experience (CX) across its brands, and laid a foundation for generative AI using the Boomi Enterprise Platform as the baseline for its data strategy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241121138990/en/ Pallion Group Welds Resilience and Customer Experience Into Dynamic Gold and Jewellery Business With Boomi (Graphic: Business Wire) Sydney-headquartered Pallion comprises six brands that source, manufacture, distribute, sell, and provide secure storage for gold, silver, and custom jewellery to organisations and individuals in Australia, Hong Kong, and China. The company implemented Boomi’s integration platform as a service (iPaaS) to simplify and improve connectivity between its technology systems and establish visibility over highly sensitive financial, commercial, and product supply data. “Pallion supplies high-value precious metals and jewellery subject to dynamic, fast-changing pricing, with strict compliance requirements around them. We’re handling people’s and companies’ money after all – that includes banks, superannuation funds and major retailers,” said Simon Smith, Group Chief Information Officer (CIO) at Pallion Group. “This means we need consistent uptime of and between our systems so that data flows back and forth in real time, while giving our teams a consolidated view of customer information on one screen. Boomi powers our data strategy by giving us a clean, hub-and-spoke integration framework to connect business-critical platforms and centralise data to make this possible.” Pallion implemented the Boomi Enterprise Platform in February 2024 to support the foundations of its digital transformation and replace a “spaghetti mess” of hundreds of outdated point-to-point integrations, according to Smith. The Boomi platform has already been used to connect Pallion’s Microsoft Dynamics 365 enterprise resource planning (ERP) stack, and its finance and human resources (HR) systems, and the company affirms its use of iPaaS will scale up as its digital transformation strategy progresses. Meanwhile, data ingested by Pallion’s systems is already centralised in Boomi DataHub. “Boomi has fostered an environment we know we can trust to get data across to the right people and places securely with no downtime – spanning production operations through to the websites our customers use to buy precious metals and jewellery,” said Smith. “This has amplified CX, as the information buyers and our teams see is always accurate. If there are ever any issues, Boomi’s integration model allows us to rapidly pinpoint and resolve the issue – a process that could formerly take days is now completed in a few hours.” Pallion has also seen dramatic productivity gains as Boomi helped the company strip away countless hours previously spent maintaining and fixing point-to-point integrations. In addition, the Boomi Enterprise Platform serves as an “abstraction layer,” said Smith, ensuring new technology investments are rapidly and seamlessly integrated into the group of companies, with data readily available through Boomi DataHub. This will be pivotal in Pallion’s strategic roadmap, with the company planning to introduce generative AI for its employees to query the company’s data using natural language, and ultimately expedite internal processes and customer service. David Irecki, Chief Technology Officer, APJ at Boomi, said, “Pallion Group serves some of the most prolific retail brands – from Tiffany & Co to Michael Hill Jewellery – as well as Australian financial institutions and citizens. It has even worked on the Melbourne Cup and Australian Open trophies, and Queen Elizabeth II’s Coronation Carriage. Its clientele expect seamless experiences when making significant purchasing decisions. Boomi has helped Pallion establish a reliable and resilient technology environment across its brands to optimise CX, all the while supporting the stringent compliance obligations under which the group operates.” Additional Resources About Boomi Boomi, the intelligent integration and automation leader, helps organizations around the world automate and streamline critical processes to achieve business outcomes faster. Harnessing advanced AI capabilities, the Boomi Enterprise Platform seamlessly connects systems and manages data flows with API management, integration, data management, and AI orchestration in one comprehensive solution. With a customer base exceeding 20,000 companies globally and a rapidly expanding network of 800+ partners, Boomi is revolutionizing the way enterprises of all sizes achieve business agility and operational excellence. Discover more at boomi.com . © 2024 Boomi, LP. Boomi, the ‘B’ logo, and Boomiverse are trademarks of Boomi, LP or its subsidiaries or affiliates. All rights reserved. Other names or marks may be the trademarks of their respective owners. View source version on businesswire.com : https://www.businesswire.com/news/home/20241121138990/en/ CONTACT: Media: Jasmine Ee Head of Influencer Relations, APJ jasmine.ee@boomi.com KEYWORD: AUSTRALIA/OCEANIA AUSTRALIA ASIA PACIFIC INDUSTRY KEYWORD: JEWELRY LUXURY RETAIL TECHNOLOGY ARTIFICIAL INTELLIGENCE SOURCE: Boomi Copyright Business Wire 2024. PUB: 11/21/2024 05:00 PM/DISC: 11/21/2024 05:01 PM http://www.businesswire.com/news/home/20241121138990/enBuilding wealth by investing in the stock market might be risky if you focus on speculative or overly stocks. For conservative investors with a low-risk appetite, offer a more stable and dependable approach. Many blue-chip stocks also reward their investors with regular , making them a great choice for investors seeking steady income alongside the potential of capital appreciation in the long run. This is one of the key reasons why conservative investors should consider adding some blue-chip stocks to their portfolios. In this article, I’ll explore two of the top Canadian blue-chip stocks that can help you build enduring wealth that lasts for decades. Let’s get started! TC Energy stock With a of $71.5 billion, ( ) is one of Canada’s largest energy infrastructure companies, which could be a top pick for conservative investors seeking stability and reliable income from their investments. TRP stock has outperformed the broader market by a wide margin this year as it has risen over 46% compared to the ’s 22% increase. With this, it currently trades at $68.91 per share and offers an attractive 4.8% annualized dividend yield. TC Energy’s robust growth outlook further enhances its appeal to long-term investors. At its recently held 2024 Investor Day event, the company outlined several key initiatives that could accelerate its growth in the coming years. For example, it announced four new projects, collectively representing $1.5 billion in capital expenditures. As the demand for natural gas and nuclear power generation continues to rise, these projects could place TC Energy in a strong position to benefit from North America’s growing energy needs. Interestingly, its Southeast Gateway pipeline project, which is on track for commercial in-service by mid-2025, has already achieved significant cost optimization, with expenditures reduced by 11% compared to earlier expectations. Given these positive developments, TRP could continue to generate reliable returns for its investors for years to come. Scotiabank stock ( ), or Scotiabank, is another trustworthy blue-chip stock Canadian investors can buy now and hold for the long term. Currently trading with nearly 21% year-to-date gains, BNS stock trades at $77.80 per share with a market cap of $96.8 billion. It has an annualized dividend yield of 5.5% at this market price. Scotiabank was recently in the news when its stock dived by 3.4% in a single day after announcing the financial results for the fourth quarter of its fiscal year 2024 (ended in October). Notably, negative factors such as higher provisions for credit losses and one-time impairment charges related to its investment in China affected its performance during the quarter. However, these factors do not overshadow the bank’s underlying performance and strong long-term potential. Scotiabank reported a solid adjusted net profit of $8.63 billion for fiscal 2024, reflecting a steady 3.2% increase from the previous year. This growth was supported by higher revenues across its Canadian and international banking divisions, along with disciplined cost management that resulted in positive operating leverage. Besides its solid track record of increasing dividends, Scotiabank’s strategic focus on strengthening its presence in key North American markets to drive profitable growth makes it a safe blue-chip stock for Canadian investors.
NoneBack in 2023, Elon Musk claimed that “ESG is the devil” after Tesla received a lower environmental, social and governance (ESG) score than Philip Morris International, a cigarette manufacturer on the S&P 500 Sustainability Screened Index. Is Musk correct to push back on the concept of ESG? Musk, like so many other vocal critics of ESG, seems to misunderstand the difference between ESG and impact investing. ESG is good for business and provides a more profitable investment. But it’s impact investing that assesses social and environmental benefits too. It is well that investing with an ESG lens is correlated with higher financial returns. Broadly speaking, if companies have strong ESG scores, they tend to be resource-efficient, have a healthier and more productive employee base and be composed of more diverse leadership that generates stronger strategic decision-making. There is clear a link between high ESG scores, decreased risk and higher profitability levels. What’s not to like? Impact investing, however, offers even greater promise. Impact investing is an investment philosophy that aims to generate social and environmental benefits as well as financial returns. The two important investment approaches are cousins, but impact investing is the more ambitious of the two. Broadly, ESG is a tool that helps understand the internal workings of a company. ESG can paint a relatively decent picture of how a company operates — like employee compensation or board composition — but not necessarily what it actually does. For that, impact investing is a more appropriate measure. Impact investing tends to focus not just on the fairness of internal operations but also on the actual products and services of a company. Is a company providing products and services that actively contribute to the solutions of the world’s most pressing social and environmental challenges? Analyzing internal ESG factors might not answer that question, but assessing the positive outcomes tied to revenue of products and services streams will. Musk asked, “How could cigarettes, which kill over eight million a year be deemed a more ethical investment than electric cars?” The answer is that Philip Morris may have stronger and fairer internal operations compared to Tesla — which led to a higher ESG score, despite the negative effects of cigarettes and the mostly positive outcomes of electric vehicles. Impact investing would look at the two companies differently, taking into account the long-term social and environmental benefits, as well as the financial returns, of the companies. Philip Morris isn’t the only company that scores highly on ESG but may score quite differently in an impact investment assessment. At first glance, TC Energy might not seem like it would do well among ESG investors. After all, the Coastal GasLink pipeline, which it owns, ships natural gas on a 670-kilometre route through B.C. Despite the pipeline project securing agreements with 20 elected Indigenous bands, hereditary chiefs of the Wet’suwet’en First Nation in B.C.‘s interior recently called on investors to boycott its $5-billion bond offering over social, environmental and cultural concerns. In fact, TC energy is an above average ESG performer in the Canadian market. How does a company that seemingly perpetuates serious social and environmental challenges, like pollution, end up with a high ESG score? Many banks and fossil fuel companies have strong internal operations that include fair environmental, social and governance factors — all important attributes. But these companies mostly don’t provide products and services that contribute solutions to the country’s most significant social and environmental challenges. From an ethical perspective, is it good enough to invest in companies with high ESG scores whose products and services are harmful to people or the planet? The answer lies with the individual investor and their goals. Both ESG and impact investing offer higher profitability levels. You can make money and reward positive values at the same time. But there is an important distinction between ESG and impact investing. If you want a portfolio committed to companies that perform well both on ESG and environmental and social footprints, impact investing is the strategy you are after. ESG isn’t the devil. The devil is actually in the details.
Currently, the Dallas Mavericks (9-7) have three players on the injury report, including Luka Doncic, in their matchup with the Atlanta Hawks (7-10) at State Farm Arena on Monday, November 25 at 7:30 PM ET. The Hawks have one player on the injury report. Watch the NBA, other live sports and more on Fubo. What is Fubo? Fubo is a streaming service that gives you access to your favorite live sports and shows on demand. Use our link to sign up for a free trial. The Hawks fell in their most recent game 136-122 against the Bulls on Friday. Jalen Johnson totaled 25 points, 13 rebounds and five assists for the Hawks. The Mavericks enter this contest following a 123-120 victory over the Nuggets on Friday. In the Mavericks’ win, Naji Marshall led the team with 26 points (adding one rebound and one assist). Sign up for NBA League Pass to get live and on-demand access to NBA games. Get tickets for any NBA game this season at StubHub. Catch NBA action all season long on Fubo. Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER .Montana women's basketball suffers blowout loss at undefeated MinnesotaRené Bennett | (TNS) Bankrate.com If you’re an iPhone user, you might not realize that you already have access to Apple Cash. It’s a digital cash card that’s built into Apple devices and can be found in the default Wallet app. (Note: You must link an eligible debit card to use this service.) The main function of Apple Cash is to make it easier for Apple device users to send money to one another, including sending money through the iMessage app. But Apple Cash is more than just a peer-to-peer (P2P) payment service — it can be used to shop online, in stores or to make in-app purchases. Apple Cash is a convenient way to transfer money between friends and family. Once it’s set up, a user can simply open the iMessage app and send money to a contact through their chat. It’s also useful for those who use Apple Pay, a separate service that allows Apple device users to make contactless payments with any linked card, including an Apple Cash card. Here are some important things to know about setting up and using Apple Cash. Apple Cash is a digital cash card that’s stored in the Wallet app of Apple devices, and it can be used for making P2P payments, as well as purchases through Apple Pay. When you receive money from another Apple Cash user, that money appears in your Apple Cash balance. The balance can then be spent or transferred to a linked bank account or debit card. Sending money to peers with Apple Cash can be done either directly from the digital Apple Cash card (in the Wallet app) or through the iMessage app. You can send or receive anywhere between $1 and $10,000 per message. The money shows up on the recipient’s Apple Cash card instantly, but it may take from one to three days for the balance to be transferred to a bank account. Instant transfers to a bank account are possible, but it comes with a 1.5% fee. There’s also an option to set up Apple Cash Family for children who are under 18 years old. This option limits the amount a child can send to $2,000 per message. Those younger than 18 also cannot add money to their Apple Cash card from a bank account; rather, their balance only grows when they receive money from another Apple Cash user. Apple Cash is a digital card within your Wallet that allows you to spend your Apple Cash online, in stores and in apps as well send and receive money. Apple Pay, however, allows you to make purchases using any credit card or debit card you have stored in your Wallet — including Apple Cash. With Apple Pay, you add credit and debit cards to your Wallet and then have the ability to pay right with your phone (or other Apple product). To set up Apple Cash, you’ll need three things: —A compatible Apple device. —Two-factor authentication enabled for your Apple ID (this can be done in Settings). —An eligible debit card to load funds onto the Apple Cash card. In the Settings app, you can turn on Apple Cash in the Wallet and Apple Pay section. Tap on the Apple Cash card icon and follow the instructions on the screen. You’ll be asked to agree to the terms and conditions, after which your device will set up Apple Cash for you. The Apple Cash card, once set up, can be found in your device’s Wallet app. If you want to set up Apple Cash Family, you’ll first need to have Family Sharing turned on, which can be done in Settings. The family organizer can add children to Apple Cash in the Family Sharing section of Settings. You’ll need to have a debit card linked to your digital Wallet to add money to an Apple Cash card. You can add a debit card to Wallet in the same place where you set up Apple Cash — the Wallet and Apple Pay section of Settings. Once a debit card is linked to your Wallet, open Wallet and tap on the Apple Cash card. Then, tap the More button (an icon with three dots). This will open a page where you can see your Apple Cash balance, add money and transfer funds to a bank account. Tap Add Money and enter the amount you’d like to add (the minimum is $10). You’ll be asked to confirm which debit card you want to use to fund the Apple Cash balance, and then the money is added to the Apple Cash card. There are two ways to send a payment to someone using Apple Cash: directly from your Wallet or in the iMessage app. Both the sender and recipient need Apple Cash to send or receive money. To send money from Wallet, simply tap the Apple Cash card in Wallet and then tap Send. Type in the contact name or phone number of the recipient. Enter the amount you’d like to send (between $1 and $10,000), then review the payment and confirm it with Face ID, Touch ID or a passcode. In iMessage, open the conversation with who you’d like to send money to, or start a new one. Tap on the app button, which appears next to the type bar, and then tap on the Apple Cash icon. You’ll be prompted to enter an amount (between $1 and $10,000). Once you’ve reviewed the amount, tap Send and confirm with Face ID, Touch ID or a passcode. The first time money is sent to someone, the recipient will need to accept the payment within seven days for it to go through. After the first instance, payments are automatically accepted. If you’re using Apple Cash to make a purchase either online or in a store, you’ll need to pay using Apple Pay. To request money from your iPhone, open the conversation in the Messages app. Tap the plus icon, followed by Apple Cash. Then, tap Request. Tap the send button to send your payment request. Once the request is sent, the person you sent it to can confirm or change the amount they send to you. You can also request money from your Apple watch. Open your messages app, choose a conversation, tap the plus icon and then choose Apple Cash. Once you enter the amount you are requesting, swipe left on the Send button. Tap Request. As you start to accumulate money on the Apple Cash card, you may want to move it to a debit card or a bank account . This can be done by going to the same place where you added funds to the card, by clicking the icon with three dots next to your digital card. Enter an amount to be transferred, then tap Next. You’ll be asked whether you want to do an instant transfer (for a 1.5% fee) or a transfer in one to three business days for free. After making a selection, the screen will instruct you to set up a bank account if you don’t already have one set up. You’ll confirm the payment, and the transfer is initiated. Instant transfers can only be made to an eligible debit card, not a bank account. Money is sent within 30 minutes when you select instant transfer. —Zelle: If your bank is offers Zelle, it might be a good idea to take advantage of the P2P payment service. Zelle can be accessed directly from your bank’s mobile app, and it allows you to send instant transfers at no extra cost. —Venmo: Anyone can use Venmo, as long as they’ve downloaded the app. Unlike Apple Cash or Zelle, it’s a standalone P2P payment app. Venmo comes with a social element — users can follow each other and add fun emojis to their payments, although they can also keep their account activity private. —PayPal: This P2P payment service is a good option if you want to send money internationally. It also offers a PayPal Debit card, which, like the Apple Cash card, can be used to make purchases online or in stores. —Samsung Pay Cash: Samsung device users can use this option instead of Apple Cash. Similar to Apple Cash, it is a digital wallet that you can access from a Samsung mobile device. However, to take full advantage of Samsung Pay Cash, users will need to undergo an extra registration process to upgrade to a Full Card Account. Apple Cash makes it easy for Apple device users to send money to each other. Users can simply tap the Apple Cash icon in their text messages to send money through iMessage. It can also be used as an extra repository for spending money and can be used for purchases anywhere Apple Pay is accepted. With that said, only Apple device users can send and receive money using Apple Cash, so those looking for a more universal payment service may want to consider other P2P payment apps . ©2024 Bankrate.com. Distributed by Tribune Content Agency, LLC.
