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O2 Telefónica and Nokia roll out 5G standalone core on Amazon Web Services in the cloud

Retrieved on: 
Wednesday, May 8, 2024

Espoo, Finland – O2 Telefónica in Germany and Nokia announced today the deployment of 5G standalone core software on Amazon Web Services (AWS).

Key Points: 
  • Espoo, Finland – O2 Telefónica in Germany and Nokia announced today the deployment of 5G standalone core software on Amazon Web Services (AWS).
  • The rollout provides O2 Telefónica with ultra-low latency to deliver advanced 5G services, like extended reality and network slicing, which require instant availability and greater bandwidth capacity.
  • Fabio Cerone, General Manager Telecom EMEA at Amazon Web Services, said: “We’re thrilled to be selected for the 5G Cloud Core network deployment of O2 Telefónica and to realize their vision of the network of the future.
  • By using Nokia 5G Core network on AWS, O2 Telefónica is redefining its operating model through full automation and elasticity at scale.

NICE Actimize Recognized as Category Leader in the Chartis 2024 CLM Solutions for Corporate and Investment Banking Vendor Landscape Report

Retrieved on: 
Wednesday, May 8, 2024

NICE Actimize, a NICE (NASDAQ: NICE) business, has been recognized by Chartis Research as a Category Leader in its recently released 2024 CLM Solutions for Corporate and Investment Banking Market Update and Vendor Landscape Report.

Key Points: 
  • NICE Actimize, a NICE (NASDAQ: NICE) business, has been recognized by Chartis Research as a Category Leader in its recently released 2024 CLM Solutions for Corporate and Investment Banking Market Update and Vendor Landscape Report.
  • The Chartis CLM (Client Lifecyle Management) RiskTech Quadrant® rated vendors across Market Potential and Completeness of Offering criteria and covered nine vendors of CLM solutions in this report.
  • NICE Actimize achieved industry-leading scores across various vendor capabilities for the categories of entity management, workflow and automation and system interfaces and APIs.
  • “NICE Actimize has extended its CLM capabilities considerably alongside its ability to onboard and monitor complex corporate clients,” said Ahmad Kataf, Senior Research Specialist at Chartis.

WaFd Bank to Streamline Payments for Small Businesses with CashFlow Central from Fiserv

Retrieved on: 
Wednesday, May 8, 2024

Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial technology, announced today that WaFd Bank has selected CashFlow CentralSM from Fiserv to enhance their robust small business banking offerings.

Key Points: 
  • Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial technology, announced today that WaFd Bank has selected CashFlow CentralSM from Fiserv to enhance their robust small business banking offerings.
  • “WaFd Bank has a common-sense, disciplined approach that resonates with our small business customers,” said Jill Boyle, Senior Vice President and Head of the Commercial Product & Treasury Solutions Group at WaFd Bank.
  • “By taking a holistic approach to serving their small business clients, WaFd Bank is helping them streamline operations and improve cash flow to enable their long-term success.”
    The addition of CashFlow Central is the latest example of the WaFd Bank commitment to being the best bank for small businesses.
  • Fiserv continues to expand access to CashFlow Central, with integration into Commercial Center from Fiserv, an end-to-end treasury management offering, expected in Q4 2024.

Fiserv Small Business Index™ for April 2024: Sales at Retail and Service Businesses Grow, Discretionary Spend Slows

Retrieved on: 
Friday, May 3, 2024

Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, has published the Fiserv Small Business Index™ for April 2024.

Key Points: 
  • Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, has published the Fiserv Small Business Index™ for April 2024.
  • The Fiserv Small Business Index is an indicator of the performance of small businesses in the United States at national, state, and industry levels.
  • View the full release here: https://www.businesswire.com/news/home/20240503876127/en/
    Fiserv Small Business Index Dashboard: April 2024 (Graphic: Business Wire)
    Nationally, the seasonally adjusted Fiserv Small Business Index increased 4 points to 145.
  • “Retail was also a bright spot in April, with small retailers seeing 7.7% year-over-year sales increases compared to 2023.”
    Nationally, small business retail sales rebounded nicely from a sluggish March.

First Nokia Buy America-Compliant products roll off Sanmina manufacturing line

Retrieved on: 
Wednesday, April 24, 2024

Nokia is the first technology vendor to announce the availability of Buy America-compliant products for use in critical broadband infrastructure projects focused on closing the digital divide.

Key Points: 
  • Nokia is the first technology vendor to announce the availability of Buy America-compliant products for use in critical broadband infrastructure projects focused on closing the digital divide.
  • Pleasant Prairie, Kenosha County, Wisconsin – Nokia today announced that the first Buy America-compliant products have rolled off the Sanmina manufacturing line.
  • After announcing its plans with Sanmina, Nokia was able to deliver on its commitment to manufacture Buy America-compliant products in the United States in a record-breaking time.
  • The first Nokia products to come off the Sanmina manufacturing line are its Optical Line Terminal (OLT) cards, which help connect users to fast, reliable gigabit data services.

Nokia Corporation Interim Report for Q1 2024

Retrieved on: 
Thursday, April 18, 2024

As expected, a slow start to 2024 with net sales declining 19% y-o-y in constant currency (-20% reported) in Q1.

Key Points: 
  • As expected, a slow start to 2024 with net sales declining 19% y-o-y in constant currency (-20% reported) in Q1.
  • This is a summary of the Nokia Corporation Interim Report for Q1 2024 published today.
  • Driven by the patent licensing deals signed in Nokia Technologies, we achieved a comparable operating margin of 12.8% in Q1, compared to 8.2% the year before.
  • Globally, we expect Q1 to mark the low point in demand with activity then progressively picking up through the remainder of 2024 consistent with more normal seasonality.

Nokia and nbn show world’s first 10G, 25G, 50G and 100G speeds over live fiber broadband network

Retrieved on: 
Wednesday, April 17, 2024

Nokia and nbn show world’s first 10G, 25G, 50G and 100G speeds over live fiber broadband network

Key Points: 
  • Nokia and nbn show world’s first 10G, 25G, 50G and 100G speeds over live fiber broadband network
    Nokia and nbn show record-breaking multiple broadband speeds over live fiber network.
  • nbn uses Nokia’s Lightspan MF fiber access platform, designed for delivering next-generation passive optical network (PON) at scale.
  • Espoo, Finland – Nokia today announced that NBN Co, Australia’s largest wholesale broadband provider, has successfully completed the world’s first live network demonstration of multiple next-generation PON technologies.
  • Leveraging Nokia’s fiber access platform, nbn was able to deliver 10G, 25G, 50G and 100G broadband speeds over its existing fiber network.

Former Intel executive Thomas Lantzsch joins Canatu’s Board of Directors

Retrieved on: 
Tuesday, April 16, 2024

VANTAA, FINLAND, April 16, 2024 (GLOBE NEWSWIRE) -- Canatu, the global leader in developing advanced carbon nanotubes (Canatu CNTs) and manufacturing equipment for the semiconductor and automotive industries, today announced the appointment of former Intel executive Thomas Lantzsch to Canatu’s Board of Directors.

Key Points: 
  • VANTAA, FINLAND, April 16, 2024 (GLOBE NEWSWIRE) -- Canatu, the global leader in developing advanced carbon nanotubes (Canatu CNTs) and manufacturing equipment for the semiconductor and automotive industries, today announced the appointment of former Intel executive Thomas Lantzsch to Canatu’s Board of Directors.
  • Prior to Intel, Lantzsch worked at ARM Holdings PLC for ten years, where he held various roles in strategy, corporate development, and marketing, serving most recently as the Executive Vice President of Strategy.
  • This clearly showcases the significant advantages of Canatu CNTs over traditional materials," said Tom Lantzsch, Board of Directors, Canatu.
  • "I’m honored to join the Board of Directors to continue to drive innovation and advance the field with Canatu's unparalleled technology."

Faron Confirms Plans for the Coming Months Under New Leadership

Retrieved on: 
Tuesday, April 16, 2024

This data readout will be important for ongoing partnering discussions and the major upcoming industry events that Faron will be attending, including the American Society for Clinical Oncology (ASCO) annual meeting and the Bio International Convention, taking place in June 2024.

Key Points: 
  • This data readout will be important for ongoing partnering discussions and the major upcoming industry events that Faron will be attending, including the American Society for Clinical Oncology (ASCO) annual meeting and the Bio International Convention, taking place in June 2024.
  • “2024 is set to be a pivotal year for Faron in the delivery of key milestones that will be critical to the further development of bexmarilimab,” said Dr. Juho Jalkanen, Faron’s incoming Chief Executive Officer.
  • “In my new role as CEO, I am excited to start executing on some of these key activities and accelerating important discussions with the FDA as we map our future plans for bexmarilimab together.
  • There is a tremendous need for an effective treatment in HMA-failed MDS patients, and so we are very keen to ensure we get this treatment option to patients as soon as we can.”
    For more information please contact:

Nokia and SURF reach 800Gb/s transmission on existing fiber to prepare for massive upgrade to CERN's Large Hadron Collider

Retrieved on: 
Monday, April 15, 2024

The trial was conducted over a 1648 km point-to-point fiber link connecting Amsterdam and Geneva, crossing Belgium and France.

Key Points: 
  • The trial was conducted over a 1648 km point-to-point fiber link connecting Amsterdam and Geneva, crossing Belgium and France.
  • The fiber link is part of the SURF-network, which connects national research and education institutes in the Netherlands, such as Nikhef.
  • The LHCOPN provides access to data at the Large Hadron Collider (LHC) at CERN, the world's largest and most powerful particle accelerator.
  • SURF is preparing its network for CERN’s LHC upgrade to the HL-LHC that will become operational in 2029.