Top 10 French start-ups to work for in 2018: LinkedIn

France may be home to an abundance of luxury and fashion brands, but when it comes to start-ups, the company that’s winning over talent in 2018 is based in the technology space. PayFit has been crowned as this year’s most in-demand French start-up, according to LinkedIn. CNBC looks at which start-ups won over workers in France this year — and successfully notched a spot in the top 10. To ensure product quality is maintained, the platform has teamed up with over 170 certified repackers and partne


France may be home to an abundance of luxury and fashion brands, but when it comes to start-ups, the company that’s winning over talent in 2018 is based in the technology space. PayFit has been crowned as this year’s most in-demand French start-up, according to LinkedIn. CNBC looks at which start-ups won over workers in France this year — and successfully notched a spot in the top 10. To ensure product quality is maintained, the platform has teamed up with over 170 certified repackers and partne
Top 10 French start-ups to work for in 2018: LinkedIn Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-15  Authors: alexandra gibbs, brady baker, eyeem, getty images, courtesy of back market, courtesy of tiller systems, courtesy of aircall, photo credit, michal gounon courtesy of navya group, courtesy of shadow
Keywords: news, cnbc, companies, french, workers, refurbished, having, won, startups, list, france, work, 2018, company, talent, linkedin, market


Top 10 French start-ups to work for in 2018: LinkedIn

France may be home to an abundance of luxury and fashion brands, but when it comes to start-ups, the company that’s winning over talent in 2018 is based in the technology space.

PayFit has been crowned as this year’s most in-demand French start-up, according to LinkedIn.

It’s not the only tech-based firm to receive high praise however, with Aircall and Tiller Systems also appearing in the top 10 list.

To be eligible in this year’s top 25 list, businesses must be no older than seven years, have at least 50 employees and be privately held.

LinkedIn examined the actions of its 550 million-plus users, to distinguish the level of employee growth a company has, along with job seeker interest, engagement and ability to attract top talent from renowned firms featured on the top companies list.

CNBC looks at which start-ups won over workers in France this year — and successfully notched a spot in the top 10.

10. Back Market

Global Headcount: 100+

Headquarters: Paris

At Back Market, the company is all about giving devices a second life, with the marketplace letting individuals purchase refurbished consumer goods, like smartphones and laptops. To ensure product quality is maintained, the platform has teamed up with over 170 certified repackers and partner factories altogether, and will only list refurbished products that have a guarantee of 6 months or more.

Concerning company values, Back Market is all about having ambitious team members who show respect and kindness, while having humility and humor.


Company: cnbc, Activity: cnbc, Date: 2018-10-15  Authors: alexandra gibbs, brady baker, eyeem, getty images, courtesy of back market, courtesy of tiller systems, courtesy of aircall, photo credit, michal gounon courtesy of navya group, courtesy of shadow
Keywords: news, cnbc, companies, french, workers, refurbished, having, won, startups, list, france, work, 2018, company, talent, linkedin, market


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Saudi king orders probe in Khashoggi case, Turkey to search consulate

Saudi Arabia’s King Salman on Monday ordered an internal probe into the unexplained disappearance of prominent journalist Jamal Khashoggi as a joint Turkish-Saudi team was set to search the Saudi consulate in Istanbul where he was last seen on Oct. 2. “The King has ordered the Public Prosecutor to open an internal investigation into the Khashoggi matter based on the info from the joint team in Istanbul,” a Saudi official, not authorized to speak publicly, told Reuters. Asked when the public pros


Saudi Arabia’s King Salman on Monday ordered an internal probe into the unexplained disappearance of prominent journalist Jamal Khashoggi as a joint Turkish-Saudi team was set to search the Saudi consulate in Istanbul where he was last seen on Oct. 2. “The King has ordered the Public Prosecutor to open an internal investigation into the Khashoggi matter based on the info from the joint team in Istanbul,” a Saudi official, not authorized to speak publicly, told Reuters. Asked when the public pros
Saudi king orders probe in Khashoggi case, Turkey to search consulate Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-15
Keywords: news, cnbc, companies, turkey, orders, probe, consulate, case, search, allies, prosecutor, ordered, king, saudi, work, team, investigation, public, khashoggi


Saudi king orders probe in Khashoggi case, Turkey to search consulate

Saudi Arabia’s King Salman on Monday ordered an internal probe into the unexplained disappearance of prominent journalist Jamal Khashoggi as a joint Turkish-Saudi team was set to search the Saudi consulate in Istanbul where he was last seen on Oct. 2.

A Turkish diplomatic source said investigators would inspect the consulate on Monday afternoon, following delays last week when the two countries agreed to work together to find out what happened to Khashoggi, a critic of the Kingdom’s policies.

“The King has ordered the Public Prosecutor to open an internal investigation into the Khashoggi matter based on the info from the joint team in Istanbul,” a Saudi official, not authorized to speak publicly, told Reuters.

Asked when the public prosecutor could make an announcement about the investigation, the official said: “He was instructed to work quickly.”

Khashoggi, a U.S. resident, disappeared after entering the consulate to get marriage documents. Turkey believes he was murdered and his body removed, while Saudi Arabia has denied the allegations.

The case has provoked an international outcry, with U.S. President Donald Trump threatening “severe punishment” if it turns out Khashoggi was killed in the consulate and European allies calling for “a credible investigation” and accountability for those responsible.

Saudi Arabia has responded by saying it would retaliate against any pressure or economic sanctions “with greater action”, and Arab allies rallied to support it, setting up a potential showdown between the global oil superpower and its main Western allies.


Company: cnbc, Activity: cnbc, Date: 2018-10-15
Keywords: news, cnbc, companies, turkey, orders, probe, consulate, case, search, allies, prosecutor, ordered, king, saudi, work, team, investigation, public, khashoggi


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Maine is providing student debt relief to people willing to work there

Maine is offering student debt relief to graduates who live and work in the state. To attract younger workers, Maine is providing tax credits to student loan borrowers. “We don’t have enough people in Maine to satiate our long-term workforce needs,” said Nate Wildes, engagement director of Live and Work in Maine, which markets the campaign. “The fact that you have debt and the fact that you’ve graduated indicate you have something to offer to the economy.” The state government shelled out $13.1


Maine is offering student debt relief to graduates who live and work in the state. To attract younger workers, Maine is providing tax credits to student loan borrowers. “We don’t have enough people in Maine to satiate our long-term workforce needs,” said Nate Wildes, engagement director of Live and Work in Maine, which markets the campaign. “The fact that you have debt and the fact that you’ve graduated indicate you have something to offer to the economy.” The state government shelled out $13.1
Maine is providing student debt relief to people willing to work there Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-15  Authors: annie nova
Keywords: news, cnbc, companies, million, willing, maine, debt, providing, student, tax, relief, work, state, fact, loan, live


Maine is providing student debt relief to people willing to work there

Maine is offering student debt relief to graduates who live and work in the state.

Known for its lobster and lighthouses, Maine also has one of the oldest populations in the U.S. — the median age in the state is 43, around five years older than the rest of the country. To attract younger workers, Maine is providing tax credits to student loan borrowers.

“We don’t have enough people in Maine to satiate our long-term workforce needs,” said Nate Wildes, engagement director of Live and Work in Maine, which markets the campaign. “The fact that you have debt and the fact that you’ve graduated indicate you have something to offer to the economy.”

The state government shelled out $13.1 million in tax credits to 7,290 student loan borrowers in 2016, up from around $6.7 million to 4,666 borrowers in 2014.


Company: cnbc, Activity: cnbc, Date: 2018-10-15  Authors: annie nova
Keywords: news, cnbc, companies, million, willing, maine, debt, providing, student, tax, relief, work, state, fact, loan, live


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Facebook early exec Sean Parker: Why he left consumer tech for health

Sean Parker, founder of Napster and the first president of Facebook, pivoted to medical technology because he worried about how his social media and consumer internet products were impacting society. “You’re not 100 percent sure if you’re having a totally positive or totally negative impact in the world when you’re working in consumer internet,” Parker explained at the Wired25 conference in San Francisco on Monday. In 2016, he started the Parker Institute for Cancer Immunotherapy (PICI) to devel


Sean Parker, founder of Napster and the first president of Facebook, pivoted to medical technology because he worried about how his social media and consumer internet products were impacting society. “You’re not 100 percent sure if you’re having a totally positive or totally negative impact in the world when you’re working in consumer internet,” Parker explained at the Wired25 conference in San Francisco on Monday. In 2016, he started the Parker Institute for Cancer Immunotherapy (PICI) to devel
Facebook early exec Sean Parker: Why he left consumer tech for health Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-15  Authors: michelle castillo, matt winkelmeyer, getty images
Keywords: news, cnbc, companies, products, having, tech, internet, youre, parker, impact, early, health, facebook, exec, important, sean, consumer, work, world, left


Facebook early exec Sean Parker: Why he left consumer tech for health

Sean Parker, founder of Napster and the first president of Facebook, pivoted to medical technology because he worried about how his social media and consumer internet products were impacting society.

“You’re not 100 percent sure if you’re having a totally positive or totally negative impact in the world when you’re working in consumer internet,” Parker explained at the Wired25 conference in San Francisco on Monday.

“You’re spending a lot of time trying to make your products as addictive as possible. Transitioning to life sciences is incredibly refreshing, because you really feel as though the energy and time you are putting into it are helping people. It’s about saving lives, really changing people’s lives, advancing medicine.”

Parker said he could never have predicted the impact Facebook would have on today’s world, pointing out the move to mobile made it “ubiquitous” and “rewire(d) the fabric of society.” In 2016, he started the Parker Institute for Cancer Immunotherapy (PICI) to develop better cancer treatments.

“I, at some point, got a little bit frustrated with the monoculture of the consumer internet world,” Parker said. “It feels somewhat unsatisfying to constantly make products for teenage girls…. You worry about what this effect may be having on their development and on society.”

It was refreshing to work with scientists instead of Silicon Valley entrepreneurs, he said.

“Every 22-year- old shows up at your doorstep with this sort of belief that they are going to be the next Mark Zuckerberg, and they deserve to be a billionaire, and their company deserves an absolutely obscene valuation,” Parker said.

Scientists find the work itself “the true reward,” Parker said. His new work reminds Parker of the early days working on the Internet when people like him were more interested in making products that were “great for the world.”

“Scientists have a level of humility where they have quite a bit of pride in their work, and being published is important, and being recognized by your peers is important, and having an impact on patients is important – but scientists aren’t running around trying to get rich and don’t have the same distorted expectations about how rich they are going to become,” he pointed out.


Company: cnbc, Activity: cnbc, Date: 2018-10-15  Authors: michelle castillo, matt winkelmeyer, getty images
Keywords: news, cnbc, companies, products, having, tech, internet, youre, parker, impact, early, health, facebook, exec, important, sean, consumer, work, world, left


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Disappearance of Jamal Khashoggi undermines Saudi Arabia’s PR effort

Now, after the disappearance of Khashoggi, the question has become: Can any amount of money protect Saudi Arabia’s careful image building? Even one of Saudi Arabia’s lobbying firms in the U.S., the Harbour Group, terminated its $80,000 a month contract with the country. Freeman said that countries seeking to hire American lobbying firms generally have to pay increased rates if they could pose a problem for the company’s reputation. “There is a correlation with the value of the contract and the t


Now, after the disappearance of Khashoggi, the question has become: Can any amount of money protect Saudi Arabia’s careful image building? Even one of Saudi Arabia’s lobbying firms in the U.S., the Harbour Group, terminated its $80,000 a month contract with the country. Freeman said that countries seeking to hire American lobbying firms generally have to pay increased rates if they could pose a problem for the company’s reputation. “There is a correlation with the value of the contract and the t
Disappearance of Jamal Khashoggi undermines Saudi Arabia’s PR effort Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-12  Authors: tucker higgins, mandel ngan, afp, getty images
Keywords: news, cnbc, companies, yemen, work, undermines, contract, jamal, freeman, saudi, lobbying, pr, effort, riyadh, disappearance, arabias, firms, graham, khashoggi


Disappearance of Jamal Khashoggi undermines Saudi Arabia's PR effort

Now, after the disappearance of Khashoggi, the question has become: Can any amount of money protect Saudi Arabia’s careful image building?

While the war in Yemen, or the specter of businessmen locked away in a Riyadh Ritz Carlton, have sparked public outcry, no issue has been as relatable as the case of Khashoggi, the Center for International Policy’s Freeman said.

“I think from what I’ve heard this story has certainly broken through, and touched people who might not have been aware of everything that was happening in Yemen,” said Lydia Dennett, who researches foreign influence for the nonpartisan watchdog Project On Government Oversight.

“With Jamal, we get this heartbreaking story,” Freeman said. “He was making wedding plans. He was just hoping to get some paperwork so these two lovers could happily get married. And he just doesn’t come out, and she is waiting there for him.”

The fallout from Kashoggi’s disappearance has been unlike previous criticism of the Saudi government. A number of media organizations, including The New York Times and CNBC, have dropped out of an investment conference scheduled to take place in Riyadh later this month.

Even one of Saudi Arabia’s lobbying firms in the U.S., the Harbour Group, terminated its $80,000 a month contract with the country.

Freeman said that countries seeking to hire American lobbying firms generally have to pay increased rates if they could pose a problem for the company’s reputation.

Saudi Arabia, he said, was already paying that premium before Khashoggi disappeared, largely because of its actions in Yemen, where more than 1,200 children have been killed since 2015, according to UN figures.

“There is a correlation with the value of the contract and the terribleness of the government on the other end of that contract,” Freeman said. “There reaches a point where that cost benefit analysis, there is not an amount of money that a foreign government could pay these firms, that it would justify this reputational hit.”

There is precedent for such a scenario, in which lobbying firms simply abandon ship. By the end of the reign of Muammar Gaddafi, for example, few lobbying outfits were willing to work on behalf of the Libyan government. In 2011, zero Washington lobbying shops publicly admitted to holding such a contract.

Lobbying firms are notorious for keeping their cards close to their chest, and it will not be possible to determine for months whether any other contracts have been cancelled, unless the companies issue statements. But the outcry on Capitol Hill suggests that even if the firms continue their work, it will prove difficult.

Asked for comment on Friday, a spokesperson for Graham pointed CNBC to remarks Graham made on CNN earlier this week. Graham was asked whether he agreed with President Donald Trump, who said that blocking arms sales to Saudi Arabia would be a “tough pill to swallow.”

“Everything would be on the table,” Graham said.

WATCH: Saudi Prince Salman has instituted social reform against a backdrop of oppression


Company: cnbc, Activity: cnbc, Date: 2018-10-12  Authors: tucker higgins, mandel ngan, afp, getty images
Keywords: news, cnbc, companies, yemen, work, undermines, contract, jamal, freeman, saudi, lobbying, pr, effort, riyadh, disappearance, arabias, firms, graham, khashoggi


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Walmart makes reducing health-care costs a top priority — for customers, too

Walmart is looking for ways to reduce health-care costs — for its customers in addition to its employees — as the nation’s largest employer and retailer makes it a top priority this year. Walmart customers will need to spend an estimated $750 billion more on out-of-pocket health-care costs in five years than they do today, compared with $250 billion in additional estimated spending on retail goods, Flees said. When consumers spend more of their paychecks on health care, they have less money to s


Walmart is looking for ways to reduce health-care costs — for its customers in addition to its employees — as the nation’s largest employer and retailer makes it a top priority this year. Walmart customers will need to spend an estimated $750 billion more on out-of-pocket health-care costs in five years than they do today, compared with $250 billion in additional estimated spending on retail goods, Flees said. When consumers spend more of their paychecks on health care, they have less money to s
Walmart makes reducing health-care costs a top priority — for customers, too Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-12  Authors: angelica lavito, callaghan ohare, bloomberg, getty images
Keywords: news, cnbc, companies, need, work, care, makes, health, flees, priority, walmarts, spend, healthcare, customers, walmart, stores, reducing, costs


Walmart makes reducing health-care costs a top priority — for customers, too

Walmart is looking for ways to reduce health-care costs — for its customers in addition to its employees — as the nation’s largest employer and retailer makes it a top priority this year.

Insuring its 2.2 million workers across the world is the company’s second-largest expense on its profit and loss statement, behind wages, company executive Lori Flees said this week at the Manova Summit in Minneapolis.

Rising health costs are also cutting into its potential sales, she said, because customers have to spend more of their income on medicine and doctor’s visits than on backpacks and home goods. Walmart customers will need to spend an estimated $750 billion more on out-of-pocket health-care costs in five years than they do today, compared with $250 billion in additional estimated spending on retail goods, Flees said.

When consumers spend more of their paychecks on health care, they have less money to spend at Walmart. And when people use Walmart’s pharmacy or health services, she said, they tend to shop for other items in stores, too.

Retailers are searching for ways to differentiate their stores as consumers increasingly shop online. Some of them are teaming up with pharmacy companies, adding health clinics and expanding drug aisles to draw more customers into the stores. Meanwhile, health expenses are rising at a rapid clip, pressuring both employers and employees.

“So these are the things that drive us to be interested in health care: Our customers need help. Our associates need and want to be healthy. And it’s good for our business,” she said.

Walmart’s competitors are also investing in health care. CVS Health wants to add more options at its retail clinics, known as MinuteClinics, once it closes its acquisition of health insurer Aetna. Walgreens is testing a number of partnerships, including one with UnitedHealth Group to add urgent care centers to some drugstores.

Walmart earlier this year was looking to deepen its partnership with Humana, people familiar with the matter told CNBC. Flees said partnerships are “an essential part” of the strategy to lower the cost of health care and to improve the health of the country.

“If you take the expertise that lies in the industry and you combine it with Walmart’s footprint, it really is an opportunity to have a positive impact at scale,” she said.

Americans worry more about the availability and affordability of health care than other issues, including crime, homelessness and illegal immigration, according to a Gallup poll conducted this year. When you dig deeper, Flees said, you find about 67 percent of households are concerned about access and quality of health care.

Walmart views itself as uniquely positioned to address Americans’ health needs. Those households typically are in either suburban or rural areas where necessary care is not as good as in urban areas and tend to earn less than $75,000 per year, she said. Walmart’s core shoppers tend to be in both of those demographics, Flees said.

“So when our customers tell us they’re concerned about health, the cost of health and access of good health-care services, we believe we have a responsibility to do more,” she said.

Walmart can make health-care more affordable, accessible, personalized and transparent, Flees said. She pointed to Walmart’s decision in 2006 to slash the price of some generic drugs to $4. This helped people without insurance afford prescription medications, she said.

Walmart is positioned as the nation’s largest retailer to reach huge numbers of people, she said, with 140 million customers coming into their U.S. stores every week and 100 million shopping online.

Currently, Walmart operates 19 health clinics, according a spokeswoman. The retailer also offers pharmacies, vision centers and hosts screening events. Walmart partners with health plans, including Humana, to encourage people to buy healthier foods at Walmart, which is also the nation’s largest grocer.

“We know that our customers need and want a solution, and we think that our brand stands for affordability and access, and therefore it’s resonating,” she said.

As an employer, Walmart directly contracts with providers for its Centers of Excellence program. Walmart pays for associates to visit world-renowned centers like the Mayo Clinic and the Cleveland Clinic for some conditions and procedures.

“The reality is with Walmart, you have to test and learn, and there are many things that will work and many things that won’t,” she said. “And figuring out what will work or what doesn’t work and how to iterate to make it work then and then scaling it as fast as possible is really our plan.”

Correction: This story was revised to correct the number of Walmart clinics. It’s 19.


Company: cnbc, Activity: cnbc, Date: 2018-10-12  Authors: angelica lavito, callaghan ohare, bloomberg, getty images
Keywords: news, cnbc, companies, need, work, care, makes, health, flees, priority, walmarts, spend, healthcare, customers, walmart, stores, reducing, costs


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Boston Dynamics is putting its robotic dog, Spot, to work on construction sites

Boston Dynamics is testing its robotic dog for commercial uses. The company released a new video showing Spot autonomously navigating around construction sites in Tokyo. Boston Dynamics, which is owned by Softbank, said that SpotMini is in preproduction and plans to build about 100 of the robots in the next year. The Spot robot will be available to purchase in the second half of 2019 for a variety of applications. The company also released a video of its humanoid robot Atlas performing new trick


Boston Dynamics is testing its robotic dog for commercial uses. The company released a new video showing Spot autonomously navigating around construction sites in Tokyo. Boston Dynamics, which is owned by Softbank, said that SpotMini is in preproduction and plans to build about 100 of the robots in the next year. The Spot robot will be available to purchase in the second half of 2019 for a variety of applications. The company also released a video of its humanoid robot Atlas performing new trick
Boston Dynamics is putting its robotic dog, Spot, to work on construction sites Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-12  Authors: erin black, jeniece pettitt, boston dynamics
Keywords: news, cnbc, companies, spot, video, boston, variety, work, dynamics, company, uses, putting, dog, robot, robotic, sites, released, tricks, construction


Boston Dynamics is putting its robotic dog, Spot, to work on construction sites

Boston Dynamics is testing its robotic dog for commercial uses. The company released a new video showing Spot autonomously navigating around construction sites in Tokyo. The robot is shown carrying specialized equipment that can survey work progress and it has a camera in its hand to perform detailed inspections.

Boston Dynamics, which is owned by Softbank, said that SpotMini is in preproduction and plans to build about 100 of the robots in the next year. The Spot robot will be available to purchase in the second half of 2019 for a variety of applications.

The company also released a video of its humanoid robot Atlas performing new tricks Thursday.


Company: cnbc, Activity: cnbc, Date: 2018-10-12  Authors: erin black, jeniece pettitt, boston dynamics
Keywords: news, cnbc, companies, spot, video, boston, variety, work, dynamics, company, uses, putting, dog, robot, robotic, sites, released, tricks, construction


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Navigating fintech’s rise: IMF, World Bank launch guide for policymakers

The International Monetary Fund and the World Bank jointly released a paper that will guide policymakers around the world in their handling of the rise of financial technology — commonly known as fintech. The paper, called the Bali Fintech Agenda, was launched on Thursday on the Indonesian island where the IMF and the World Bank are holding their annual meetings. Fintech has the potential to reach the 1.7 billion adults in the world that don’t have access to financial services, IMF Managing Dire


The International Monetary Fund and the World Bank jointly released a paper that will guide policymakers around the world in their handling of the rise of financial technology — commonly known as fintech. The paper, called the Bali Fintech Agenda, was launched on Thursday on the Indonesian island where the IMF and the World Bank are holding their annual meetings. Fintech has the potential to reach the 1.7 billion adults in the world that don’t have access to financial services, IMF Managing Dire
Navigating fintech’s rise: IMF, World Bank launch guide for policymakers Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-11  Authors: yen nee lee
Keywords: news, cnbc, companies, policymakers, navigating, bank, fintechs, technology, financial, work, paper, services, world, launch, fintech, systems, imf, rise, guide


Navigating fintech's rise: IMF, World Bank launch guide for policymakers

The International Monetary Fund and the World Bank jointly released a paper that will guide policymakers around the world in their handling of the rise of financial technology — commonly known as fintech.

The paper, called the Bali Fintech Agenda, was launched on Thursday on the Indonesian island where the IMF and the World Bank are holding their annual meetings.

The paper outlines 12 “elements” or considerations that the IMF, the World Bank and governments can keep in mind when designing policies and regulations that can maximize the benefits of fintech while keeping financial systems sound.

Those “elements” include using fintech to promote financial inclusion, allowing new technology players to have level playing fields with existing companies and having countries work together to protect the global financial system.

Fintech has the potential to reach the 1.7 billion adults in the world that don’t have access to financial services, IMF Managing Director Christine Lagarde said in a statement.

But, new technology could threaten existing financial systems. For example, volatility in the price of cryptocurrencies has raised concerns about investor protection, according to the paper.

“Fintech can have a major social and economic impact for them and across the membership in general. All countries are trying to reap these benefits, while also mitigating the risks,” Lagarde said.

“We need greater international cooperation to achieve that, and to make sure the fintech revolution benefits the many and not just the few,” she added.

World Bank Group President Jim Yong Kim said fintech would be particularly helpful to low-income countries, where access to financial services is low.

Both organizations said the paper doesn’t represent current work, nor does it aim to provide specific guidance or policy advice. They will, however, start to develop specific programs on fintech.

The IMF will focus initially on the implications on monetary and financial stability and how international monetary systems and global financial safety nets evolve. The World Bank will work on using fintech to deepen financial markets, enhance responsible access to financial services, and improve cross-border payments and remittance transfer systems.


Company: cnbc, Activity: cnbc, Date: 2018-10-11  Authors: yen nee lee
Keywords: news, cnbc, companies, policymakers, navigating, bank, fintechs, technology, financial, work, paper, services, world, launch, fintech, systems, imf, rise, guide


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Slack CEO Stewart Butterfield says company will be ‘many times larger’

Even if work messaging company Slack totally blows it, the company will still be many times larger than it is today, CEO Stewart Butterfield said in an interview with The Wall Street Journal. With terrible execution, we will still be many times larger than we are today and a massive success,” Butterfield said in the interview, which was published Wednesday, when asked about selling the company. With “good execution,” the company could grow anywhere from 10 to 100 times, he said. That, and “it’s


Even if work messaging company Slack totally blows it, the company will still be many times larger than it is today, CEO Stewart Butterfield said in an interview with The Wall Street Journal. With terrible execution, we will still be many times larger than we are today and a massive success,” Butterfield said in the interview, which was published Wednesday, when asked about selling the company. With “good execution,” the company could grow anywhere from 10 to 100 times, he said. That, and “it’s
Slack CEO Stewart Butterfield says company will be ‘many times larger’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-11  Authors: sara salinas, adam galica
Keywords: news, cnbc, companies, stewart, execution, messaging, interview, slack, larger, work, wsjcom, butterfield, company, ceo, today, times


Slack CEO Stewart Butterfield says company will be 'many times larger'

Even if work messaging company Slack totally blows it, the company will still be many times larger than it is today, CEO Stewart Butterfield said in an interview with The Wall Street Journal.

“We think we’re a small percentage of the way penetrated into the big opportunity, so it would be foolish. With terrible execution, we will still be many times larger than we are today and a massive success,” Butterfield said in the interview, which was published Wednesday, when asked about selling the company.

With “good execution,” the company could grow anywhere from 10 to 100 times, he said. That, and “it’s also more fun” to stay private and avoid a sale, Butterfield said.

The company sells enterprise access to the popular business messaging app and is valued at more than $7 billion after a recent funding round in August. Butterfield told the Journal that much of the company’s raised capital is still in the bank.

Read the full interview at WSJ.com.


Company: cnbc, Activity: cnbc, Date: 2018-10-11  Authors: sara salinas, adam galica
Keywords: news, cnbc, companies, stewart, execution, messaging, interview, slack, larger, work, wsjcom, butterfield, company, ceo, today, times


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Top officials praise the Fed and its independence, after new attacks from President Trump

Prominent officials have praised the U.S. Federal Reserve, its chairman and its independence, amid new attacks from President Donald Trump. “That’s an incredible advantage for the system at a time that the system is changing, to have someone in his position who has that level of technocratic expertise,” Carney told CNBC’s Geoff Cutmore. Powell has been criticized several times for his work at the U.S central bank by the president. On Wednesday, Trump told reporters that “the Fed is going loco (c


Prominent officials have praised the U.S. Federal Reserve, its chairman and its independence, amid new attacks from President Donald Trump. “That’s an incredible advantage for the system at a time that the system is changing, to have someone in his position who has that level of technocratic expertise,” Carney told CNBC’s Geoff Cutmore. Powell has been criticized several times for his work at the U.S central bank by the president. On Wednesday, Trump told reporters that “the Fed is going loco (c
Top officials praise the Fed and its independence, after new attacks from President Trump Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-11  Authors: silvia amaro, alex wong, getty images
Keywords: news, cnbc, companies, bank, work, chairman, president, independence, system, praise, attacks, rates, officials, fed, trump, told, carney


Top officials praise the Fed and its independence, after new attacks from President Trump

Prominent officials have praised the U.S. Federal Reserve, its chairman and its independence, amid new attacks from President Donald Trump.

During a CNBC-moderated panel at the IMF-World Bank meetings in Bali Thursday, Bank of England Governor Mark Carney said that Fed Chairman Jay Powell “is an individual that really understands the plumbing of the U.S. and global financial systems.”

“That’s an incredible advantage for the system at a time that the system is changing, to have someone in his position who has that level of technocratic expertise,” Carney told CNBC’s Geoff Cutmore.

Powell has been criticized several times for his work at the U.S central bank by the president. On Wednesday, Trump told reporters that “the Fed is going loco (crazy)” by increasing interest rates. Trump also said that he is “not happy” with the decisions to hike rates.


Company: cnbc, Activity: cnbc, Date: 2018-10-11  Authors: silvia amaro, alex wong, getty images
Keywords: news, cnbc, companies, bank, work, chairman, president, independence, system, praise, attacks, rates, officials, fed, trump, told, carney


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