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CannTrust submits remediation plan; temporarily laying off 1/4 workforce – Article...
CannTrust Holdings Inc. has submitted a remediation plan to Health Canada as part of its efforts to regain the regulator’s trust and return to compliance. The embattled cannabis producer says it’s aiming to complete all of the activities detailed within the plan by the end of the first quarter of next year, according to a…
Financial institutions’ investments in crypto firms are on pace for a...
This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. To receive the full story plus other insights each morning, click here. Major financial institutions (FIs) and tech firms are investing heavily in startups building technology to develop the crypto market, despite steering clear of investing in the nascent…
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Evervault raises $3.2M from Sequoia, Kleiner for an API to build apps with privacy baked in
Data privacy for apps is typically part of the purview of compliance teams — a model that isn’t always perfect, judging by the number of breaches and the extensive regulation that’s been (and is still being) put in place to force companies and organizations to behave better. Now, in an effort to improve how apps…
We spoke with the head of Uber Health about how his team built a healthcare organization within a $70 billion tech company (UBER)
Although the healthcare industry has been notoriously resistant to change, its transformation at the hands of digitization has recently picked up pace. With that shift, nontraditional players are starting to see new openings to establish a presence in the lucrative industry. Head of Uber Health Dan Trigub Dan Trigub One such area where these firms…
The Latest: US gives time for Venezuela sanctions compliance
Venezuelan opposition leader Juan Guaido, who has declared himself interim president, greets supporters at the end of a rally to commemorate International Women's Day in Caracas, Venezuela, Friday, March 8, 2019. (AP Photo/Ariana Cubillos) CARACAS, Venezuela (AP) -- The Latest on the political crisis in Venezuela (all times local):7:10 p.m.The 48 member countries of the…
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Wells Fargo’s head of cards and retail services is out, and the bank told us there’s no permanent successor yet. That comes as Wells’...
Beverly Anderson, who was Wells Fargo's head of cards and retail services, will start at Equifax on Dec. 2., according to a statement earlier this month from Equifax.She had reported to Wells veteran Avid Modjtabai, head of payments and a member of the bank's operating committee. Wells Fargo has named an interim leader for its cards…
A New Lens Into The Customer 360 View
Customer 360 is a practice that involves gaining a comprehensive view of customer behaviors and preferences by aggregating data from all sources, including multichannel touch points, between a customer and a business entity. The idea is so simple and yet, so grand, so obvious and, in this multichannel operating environment, so necessary. Unfortunately, it's also…
Want a Killer Culture Like the Top Tech Firms? Start Some Company Rituals.
Company Culture If your workplace culture isn't alive with positive rituals, you may be losing top talent and street cred. Image credit: Tempura | Getty Images May 23, 2019 6 min read Opinions expressed by Entrepreneur contributors are their own. A recent Blind survey revealed that LinkedIn has the happiest employees in tech, with 83.25…
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Securing SQL Server: DBAs Defending the Database 2nd Edition-P2P
Protect your data from attack by using SQL Server technologies to implement a defense-in-depth strategy for your database enterprise. This new edition covers threat analysis, common attacks and countermeasures, and provides an introduction to compliance that is useful for meeting regulatory requirements such as the GDPR. The multi-layered approach in this book helps ensure that…
RBC, TD currency traders shared confidential customer data, OSC alleges as it pursues settlements...
The Ontario Securities Commission is pursuing settlements with Royal Bank of Canada and Toronto-Dominion Bank in the first major Canadian regulatory action as part of global investigations into foreign-exchange traders. From 2011 to 2013, employees at both banks used electronic chat rooms “many hundreds” of times to share confidential customer information with foreign-exchange traders at…
Eight Obstacles To Watch For In The Early Stages Of A Business (And How...
Starting a new business is always a whirlwind venture. There’s so much to do that organization and communication quickly become critical to continued success. Even if you planned for every outcome, there are bound to be new problems that need your immediate attention. Overcoming these challenges is how an entrepreneur tests his or her mettle.…
U.S. Senator and consumer advocacy groups urge FTC to take action on YouTube’s alleged...
The groups behind a push to get the U.S. Federal Trade Commission to investigate YouTube’s alleged violation of children’s privacy law, COPPA, have today submitted a new letter to the FTC that lays out the appropriate sanctions the groups want the FTC to now take. The letter comes shortly after news broke that the FTC…
Ethical research — the long and bumpy road from shirked to shared
In the autumn of 1869, Charles Darwin was hard at work revising the fifth edition of On The Origin of Species and drafting his next book, The Descent of Man, to be published in 1871. As he finished chapters, Darwin sent them to his daughter, Henrietta, to edit — hoping she could help to head…
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Jailed French executive who felt force of US bribery law
Image copyright Brigitte Baudresson Image caption Pierucci's five-year ordeal is a cautionary tale for globe-trotting executives In April 2013, as Frédéric Pierucci stepped off a plane at New York's JFK airport during a routine business trip, he was seized and handcuffed by uniformed men. The 45-year-old executive for Alstom, a French energy and transport group,…
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Tell Me More: A Bar Where You Pay By The Hour,...
Open Concept is a new bar in St. Louis, Missouri where patrons pay for how long they stay and not on a per-drink basis. $10/hour gets you basic domestic Budweiser beers and well drinks, and $20/hour for the fancier beers and top-shelf booze. Some more details while I plan to single-handedly put them out of…
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BUSINESS PEOPLE – Sarasota Herald-Tribune
Monday May 11, 2020 at 6:38 AM Realize Bradenton, a nonprofit organization that brings people together, selected Jeanie Kirkpatrick and Joey Brannon to serve three-year terms on its board of directors.The board promotes redevelopment and economic growth in downtown Bradenton by transforming public places and engaging people using arts, culture, heritage and food.Kirkpatrick is the board vice chair of the…
Debunking The Myth That Greater Compliance Makes IT More Secure
Getty Bottom Line: Excelling at compliance doesn't protect any business from being hacked, yet pursuing a continuous risk management strategy helps. With a few exceptions (such as spearphishing), cyberattacks are, by nature, brutally opportunistic and random. They are driven to disrupt operations at best and steal funds, records, and privileged access credentials at worst. Conversely,…
Explained: Why is the Companies Act being changed?
Written by Karunjit Singh , Edited by Explained Desk | New Delhi | Updated: May 21, 2020 8:30:17 pm Union Finance Minister Nirmala Sitharaman addresses a press conference on COVID-19 economic package, in New Delhi. (PTI Photo: Vijay Verma) Finance and corporate affairs minister Nirmala Sitharaman on Sunday announced that the government was moving to…
New Jersey Nonessential Business Owners Concerned About ‘Selfish Behavior,’ Social Distancing Guidelines As They...
COLLINGSWOOD, N.J. (CBS) — Starting next week, curbside pickup will be available for nonessential businesses. Nonessential construction projects can also resume. The plan could help more than 1 million New Jerseyans who are out of work. As restrictions begin being lifted for nonessential businesses, owners are gearing up to reopen Monday and making sure they’re…
Blockchain’s next frontier: Shaping the business model
The story of blockchain market adoption closely resembles the path taken by other disruptive technologies: an initial industry explores what is possible, others give form and substance to what is plausible, and the marketplace helps define what is practical. It’s no longer a question of whether the technology will work—it does work. What’s at play…
POWER PLAYERS: Meet the 8 PayPal execs shaping the payment giant’s future as its...
This story is available exclusively on Business Insider Prime. Join BI Prime and start reading now. Digital payments have taken off amid the coronavirus pandemic, with consumers and merchants alike looking for more ways to digitize the way they pay, both online and in-person.PayPal has seen record transaction volumes and sign-ups this year."The steps we've…
LinkedIn has a new CEO. Here are 30 power players and rising stars now...
This story is available exclusively on Business Insider Prime. Join BI Prime and start reading now. As of today, LinkedIn has a new CEO.Ryan Roslansky, formerly LinkedIn's senior vice president of product, takes over for longtime CEO Jeff Weiner, who is now the company's executive chairman.Business Insider identified 30 power players and rising stars who…
Cuomo says New York has passed through a “hellish journey” as state reports lowest...
Visit Business Insider's homepage for more stories.New York reported 207 new deaths due to the novel coronavirus on Sunday, the lowest since early March, according to Gov. Andrew Cuomo at his daily press briefing. The state also reached its lowest new daily case count — 521 — since about March 20, Cuomo said, adding that, "521…
Share Other Health Data In Real-Time Like It’s A Pandemic
What is the value of real-world health data? COVID-19 is telling us. Near real-time data-sharing on the COVID-19 cases as they come in — has been at the forefront of the fight against the pandemic. Particular countries without the privacy restrictions of the U.S. or Europe are sharing detailed patient information, not only with physicians,…
COVID-19: DOJ Business Review Letters & Price Gouging Compliance – The National Law Review
In response to the current pandemic, antitrust enforcers at the Department of Justice have been issuing business review letters at record pace. One of these business review letters addressed an inquiry from the pork industry about reducing supply based on the COVID-19 pandemic disruption. This raises the question as to whether the DOJ letter about antitrust has…
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President Vicente Fox Wants To Legalize Cannabis
The former Mexican president is one of legal cannabis's most ardent supporters. He's also a stakeholder. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! Will be used in accordance with our Privacy Policy Image credit: Tim Sloan | Getty Images Jonathan Small Magazine Contributor Editor in Chief of Green…
