Two Stringers http://twostringers.com/ Sat, 25 Sep 2021 04:31:57 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://twostringers.com/wp-content/uploads/2021/06/cropped-icon-32x32.png Two Stringers http://twostringers.com/ 32 32 Four principles on the design, development, governance and use of technology https://twostringers.com/four-principles-on-the-design-development-governance-and-use-of-technology/ https://twostringers.com/four-principles-on-the-design-development-governance-and-use-of-technology/#respond Sat, 25 Sep 2021 03:20:12 +0000 https://twostringers.com/four-principles-on-the-design-development-governance-and-use-of-technology/

The Quad countries (Australia, India, Japan and the United States of America) say that the way technology is designed, developed, governed and used must be shaped by our common democratic values ​​and respect for universal human rights. Technology is expected to make the lives of our citizens safer, more prosperous and more rewarding, addressing some of the world’s greatest common challenges, such as equitable growth, climate change, energy security and pandemics. We are committed to fostering an open, accessible and secure technological ecosystem, based on mutual trust, and we invite all nations to support the following principles:

Support universal values.

  • We are committed to developing critical and emerging technologies that deliver tangible benefits to society, developed through an adaptive, dynamic, multi-stakeholder approach aligned with universal values, including respect for freedom of expression and privacy.
  • We support approaches to technological design, development, governance and use that promote our common values, including autonomy, agency and the dignity of individuals.
  • The design, development, governance and use of technology must be a fair and inclusive process that does not involve or result in unfair discriminatory action.
  • Technology should not be misused for malicious activities such as authoritarian surveillance and oppression, for terrorist purposes, or to spread disinformation.

Develop trust, integrity and resilience.

  • Technology ecosystems built on trust, integrity and resilience foster innovation.
  • We support openness and interoperability to enable collaboration and welcome innovators who are diverse in their gender, race and ethnicity, as well as in the size, structure and age of their organizations.
  • We expect technology providers, vendors and distributors to produce and maintain secure systems, and to be trustworthy, transparent and accountable in their practices. Technology developers should also incorporate safety and security approaches by design so that sound safety and security practices are part of the technology development process. Illicit transfer or theft of technology is a common challenge that undermines the very foundations of global technological development and must be addressed.
  • Resilient, diverse and secure technology supply chains – for hardware, software and services – are vital to our common national interests. Close cooperation on supply chains with allies and partners who share our values ​​will enhance our security and prosperity, and strengthen our ability to respond to international disasters and emergencies.

Foster healthy competition and international collaboration to advance the frontier of science and technology.

  • A fair and open market is the cornerstone of innovation and inclusive prosperity.
  • We support free and fair market competition in which the best technical solutions succeed, including through transparent public incentives.
  • We encourage the development of competitive technology ecosystems that welcome new market entrants, including start-ups, and enhance innovation, resilience and sustainability.
  • We recognize and affirm the importance of multi-stakeholder, industry-led, consensus-based approaches to the development of international standards that promote interoperability, compatibility and inclusiveness.
  • We are committed to reducing barriers to sharing data and knowledge for research projects and to greater innovation, while protecting the security of research.
  • We are also committed to facilitating the exchange of researchers and the movement of highly qualified personnel in order to improve scientific and technological collaboration.
  • We are committed to developing shared research and development agendas, including joint projects and joint capacity building where possible, which align with fundamental science principles, advance our common values ​​and foster diversity and workforce education.
  • Together, we will continue to keep pace with changes in the global economy and innovation processes by monitoring future trends and exploiting opportunities to advance technologies to achieve many of our common goals: security and resilience, sustainability, economic inclusion, health and well-being.
  • We are committed to fostering technological development that accelerates economic progress and meets the needs of all of our citizens.

We invite all nations to join us in pursuing this common vision of technology, guided by these principles.

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Agencies Join To Offer Free Home Construction And Repair Training – WISH-TV | Indianapolis News | Indiana weather https://twostringers.com/agencies-join-to-offer-free-home-construction-and-repair-training-wish-tv-indianapolis-news-indiana-weather/ https://twostringers.com/agencies-join-to-offer-free-home-construction-and-repair-training-wish-tv-indianapolis-news-indiana-weather/#respond Sat, 25 Sep 2021 00:00:10 +0000 https://twostringers.com/agencies-join-to-offer-free-home-construction-and-repair-training-wish-tv-indianapolis-news-indiana-weather/

INDIANAPOLIS (WISH) – Free construction training aims to attract 1,000 new workers to the field – and pays special attention to Hoosiers who have faced barriers to economic mobility.

BY Plus construction and NeighborLink organizations meet for the first time and offer a free eight-week construction course.

A representative of the groups said communities will always need construction jobs, so this partnership will not only provide skill, but also help some of the city’s low-income seniors and people with disabilities.

“I am surrounded by great people every day. Classmates, teachers, instructors – this is a wonderful course and I wouldn’t trade it for anything, ”said student Deon Maxwell.

BY plus Training offers hands-on experience and certification through the paid program.

“It’s really about providing services in order to bring people who have barriers that might have had difficulty in their lives on a path to being able to access one of those high paying jobs in the health care industry. construction, ”said Nate Klinck of Indiana Construction Roundtable Foundation.

Some students are just starting to learn the trade by following the basics. Others like Maxwell have experience but hope to gain some more financial security by achieving OSHA certification.

“It gives me more credibility and opens up more doors and ideas for me,” said Maxwell.

The BY program has been around since 2018, but this is the first time it has partnered with the nonprofit NeighborLink, which does repairs for low-income seniors and people with disabilities – and now helps those with disabilities. students to gain experience.

“They end up being part of a community donation, the way we think about it,” Klinck said.

Although this course is ending, the next one starts in October and registration is open. Applicants must be 18 years of age or older.

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An angular mid-century modern house for sale in Ardsley https://twostringers.com/an-angular-mid-century-modern-house-for-sale-in-ardsley/ https://twostringers.com/an-angular-mid-century-modern-house-for-sale-in-ardsley/#respond Fri, 24 Sep 2021 19:45:00 +0000 https://twostringers.com/an-angular-mid-century-modern-house-for-sale-in-ardsley/

Photo: HomeTourVision, courtesy of Amy Via and Todd Goddard of the Architectural Homes NY team at Houlihan Lawrence

On a heavily wooded cul-de-sac in Ardsley – a small village adjacent to Dobbs Ferry in Westchester County – is a particularly unusual 60s cabin. Designed by Davis, Brody and Wisniewski (now Davis Brody Bond, the company behind the 9/11 Memorial & Museum and the National Museum of African American History and Culture) and on the market for the first time since its construction, the house resembles a little to an A frame lying on stilts. Its roofline tilts dramatically but asymmetrically, like a wedge, and there are massive angular cutouts for windows embedded throughout the facade.

Inside there is a cathedral-style living room with original redwood walls and ceilings (the panels are positioned diagonally for better acoustics), a gigantic brick fireplace, and expansive sliding glass doors. ‘opening onto a terrace (which occupies the entire width of the room, nearly 24 feet). A wooden staircase leads to the second level, which houses the two original bedrooms, each with a walk-in closet.

Photo: HomeTourVision

To accommodate their growing family, the owners added a one-story, three-bedroom children’s wing in 1971. It was also at this time that they enlarged part of one side of the original structure to accommodate them. create a solarium-style dining room with a wall of large windows supported by wooden arches.

Listing agent Amy Via of the Architectural Homes NY team in Houlihan Lawrence says she has had 15 screenings since the open house, which was inundated with around 50 people – most of those who seemed interested in putting implementing the “immense” amount of home work will require (the kitchen is “gut work,” Via says, and the baths, electrical system, and outdoor property will also need updates). The open house was also where Via found out that the house’s vintage NuTone intercom and wall-mounted radio system was still working. She turned on the kitchen radio and the music reverberated through the bedrooms.

Photo: HomeTourVision

Photo: HomeTourVision

Photo: HomeTourVision

Photo: HomeTourVision

Photo: HomeTourVision

Photo: Amy Via and Todd Goddard of the Architectural Homes NY team in Houlihan Lawrence

Photo: Amy Via and Todd Goddard of the Architectural Homes NY team in Houlihan Lawrence

Photo: Amy Via and Todd Goddard of the Architectural Homes NY team in Houlihan Lawrence

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Industry leader Swinerton is one of the first construction companies to have in-house operators trained in dusty robotics https://twostringers.com/industry-leader-swinerton-is-one-of-the-first-construction-companies-to-have-in-house-operators-trained-in-dusty-robotics/ https://twostringers.com/industry-leader-swinerton-is-one-of-the-first-construction-companies-to-have-in-house-operators-trained-in-dusty-robotics/#respond Fri, 24 Sep 2021 13:09:46 +0000 https://twostringers.com/industry-leader-swinerton-is-one-of-the-first-construction-companies-to-have-in-house-operators-trained-in-dusty-robotics/

Swinerton is one of the first contractors to have in-house operators for Dusty Robotics, a state-of-the-art shop floor automation robot that transfers CAD files to construction sites.

General Contractor Swinerton is officially the first construction company with fully trained in-house operators for Dusty Robotics, a developer of robotic tools for the modern construction workforce.

Swinerton was one of the first to adopt FieldPrinter from Dusty Robotics. Swinerton’s innovation and self-performing drywall departments partnered with Dusty Robotics during their prototyping development phase, providing access to projects for testing and valuable feature feedback. Through our R&D partnership with Dusty Robotics, Swinerton has successfully used FieldPrinter on construction projects in San Francisco, San Jose, Beverly Hills and Los Angeles, CA; Austin, Texas; and Leesburg, Virginia.

“Now, with two internally trained operators, Swinerton is working to roll out FieldPrinter across the company, already seeing great strides in productivity. We look forward to each iteration of this robot and the positive impact it will have on our industry, ”said Bardo Ponce, Director of Drywall Operations at Swinerton.

“Swinerton is proud to lead the way in integrating a more advanced robotic tool into our field environment, not as an additional service, but rather as a tool that our sales and administration employees can use to augment their work. We provide our employees with the most advanced cutting edge tools possible, and empowering them with the knowledge to use them, ”added Tristen Magallanes, Innovation Analyst at Swinerton.

“Having the operational skills of Dusty Robotics in-house means that Swinton is always equipped to provide better service to our projects and customers by making our own operators available to our project teams. improve quality by taking BIM models and turning them into an accurate and constructable layout, ”said Jim Watson, vice president of Swinerton and division head of self-execution services.

“Dusty is excited to be working with Swinerton to enable its workforce to take advantage of robotic layout on projects across the United States. Through this partnership, we have shown that the robotic layout is something that will benefit the entire industry and that it is a tool that can be adopted by entrepreneurs today. We are now expanding our training program, with several dozen operators having already been trained to successfully use the FieldPrinter robotic layout system and increase production. I want to see a FieldPrinter on every major construction site in late 2022, ”said Tessa Lau, PhD, Founder and CEO of Dusty Robotics.

About Swinerton
Swinerton provides commercial construction and construction management services across the United States and is a 100% employee-owned company. Nationally recognized since 1888, Swinerton is the preferred builder and trusted partner in every market it serves — proudly leading with integrity, passion and excellence. For more information, please visit: https://swinerton.com/

About Dusty Robotics
Founded in 2018, Dusty Robotics develops robotic tools for the modern construction workforce, accelerating the digital transformation of the construction industry by extending digitization to the jobsite. Dusty’s advanced construction automation tools synchronize building information modeling (BIM) models with the terrain, eliminating manual steps and ensuring quality and accuracy. Dusty’s flagship product is FieldPrinter, an autonomous mobile robot that works with existing BIM designs to print blueprints directly on construction site floors. Founded by serial entrepreneurs and roboticists who have created several successful robotics companies, Dusty is backed by leading venture capitalists Canaan Partners, NextGen Venture Partners, Baseline Ventures, Root Ventures and Cantos Ventures. For more information, please visit: http://www.dustyrobotics.com.

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UB receives grant from Siemens for advanced manufacturing software https://twostringers.com/ub-receives-grant-from-siemens-for-advanced-manufacturing-software/ https://twostringers.com/ub-receives-grant-from-siemens-for-advanced-manufacturing-software/#respond Fri, 24 Sep 2021 12:04:42 +0000 https://twostringers.com/ub-receives-grant-from-siemens-for-advanced-manufacturing-software/

UB students will benefit from an innovative public and private workforce development collaboration, through the Siemens Digital Industries Software Academic Program, which will provide the university with an in-kind software grant of tools for computer aided design, simulation, manufacturing planning, robotics, product lifecycle management and more.

Siemens will also bring its expertise to help shape the corresponding curriculum to best prepare UB students for highly demanded roles in the industrial sector.

Through this partnership, UB students of the School of Engineering and Applied Sciences, School of Management and School of Architecture and Planning will receive in-depth and practical knowledge of the latest software tools used by hundreds of leading companies. industrial companies around the world. – including more than 330 companies in New York State. It will prepare students for the highly skilled positions that companies in Western New York State and the Greater New York City area and beyond are seeking to fill.

“We are extremely grateful to Siemens for this generous and impactful donation to our university community,” said President Satish K. Tripathi. “As we prepare our students to lead in the 21st century, our collaboration with Siemens will improve the competitiveness of our students and provide them with cutting-edge knowledge and skills, enabling them to meaningfully serve industries and communities across the region,” of the state and of the world.

“The University of Buffalo is committed to contributing to the economic development and vitality of our region and beyond, and we deeply appreciate that Siemens, as evidenced by this important partnership, shares this commitment.

“At UB, we provide exceptional educational experiences for our students,” says A. Scott Weber, President and Executive Vice President for Academic Affairs. “This grant will provide students with access to cutting-edge software tools used by manufacturing and industrial companies around the world, enabling them to immediately move from theory to practice, deepen their skills and prepare them for success.” future.”

“Siemens strongly believes that partnership across the educational ecosystem is essential to best prepare a future workforce, and we are delighted to expand our efforts in the New York area by providing this grant. at the University of Buffalo which will help ensure that companies here in Buffalo and around the world have access to a diverse and incredibly skilled talent pool, ”said Barbara Humpton, CEO of Siemens USA.

“We are witnessing a real shift in the manufacturing sector, where companies are adopting digital tools to evolve, innovate and compete on the global stage. But these tools are only as powerful as the people behind them, so our mission remains to best prepare the next generation of people who will propel manufacturing even further into the future, ”said Del Costy, senior vice president of Siemens. Digital Industries. Software.

Manufacturing software tools are already in use by several companies in western New York State that have large numbers of UB graduates in their workforce. These companies include local innovators such as Moog Inc., a designer, manufacturer and integrator of precision control components and systems for aerospace, defense, industrial and medical applications, established for 65 years in the region of Buffalo. Moog, a longtime partner of the Siemens Digital Industries software suite, will benefit from the new Siemens and UB company to help ensure a cohesive pipeline of talent to strengthen its footprint.

“As a global leader in the development of motion controls for mission critical applications, Moog understands the important role advanced engineering tools play in development and production processes,” said George Small, CTO de Moog and graduated from UB. “We have 20 years of experience using Siemens tools to provide solutions to our customers’ most complex technical challenges. And as a long-time UB partner, we appreciate the value of the Siemens grant and the positive impact it will have both now and in the future.

“We value partnerships with forward-looking companies like Siemens and Moog,” says Kemper Lewis, Dean and Moog Professor of Innovation at the School of Engineering and Applied Sciences. “For companies of this caliber to recognize the benefits of working with our students and faculty to drive workforce innovation is an honor and a tribute to the talented and motivated faculty and students of our UB community. “

This grant to UB is one of more than 1,000 partnerships in the Siemens Digital Industries Software Academic Partner Program, an initiative designed to empower the next generation of digital talent. The grant also supports the university’s comprehensive Boldly Buffalo campaign, which seeks to raise $ 1 billion to support UB students, enhance and enable faculty research, and improve outcomes worldwide.

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America is finally taking the fight against China in Asia seriously https://twostringers.com/america-is-finally-taking-the-fight-against-china-in-asia-seriously/ https://twostringers.com/america-is-finally-taking-the-fight-against-china-in-asia-seriously/#respond Fri, 24 Sep 2021 06:46:36 +0000 https://twostringers.com/america-is-finally-taking-the-fight-against-china-in-asia-seriously/

AMORE THAN TEN Years ago, President Barack Obama visited the Australian parliament to announce a pivot to Asia. “The United States is a power of the Pacific and we are here to stay,” he said. This week, the White House will echo similar sentiments, as the leaders of the Quad countries – America, Australia, India and Japan – meet in person for the first time. We will speak of a “free and open Indo-Pacific”, a code to face an assertive China. The rhetoric will be familiar, but the reaction may not be: this time, friend and foe may actually believe it.

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The reason is AUKUS, an agreement announced last week for America and Britain to supply Australia with at least eight nuclear-powered submarines. The deal caused waves because of its enormous size and because it sparked an unseemly feud with France, which had its own submarine contract with Australia which has now been scrapped.

This belies AUKUSthe real meaning of, which is like a step towards a new balance of power in the Pacific. In a region where alliances have sometimes seemed fragile, especially under the presidency of Donald Trump, AUKUS marks a hardening of American mentalities. It’s a decades-long and deep commitment: America and Britain are transferring some of their most sensitive technologies. The cooperation of the three countries promises to embrace cyber capabilities, artificial intelligence, quantum computing and much more.

For this, the Biden administration deserves to be congratulated. And yet, the deal is still only half a strategy. America’s relationship with China involves more than a military standoff. In the pursuit of coexistence, America must also combine collaboration on issues such as climate change with rules-based economic competition. The missing parts relate to all of Southeast Asia, which is home to some of the countries most vulnerable to Chinese pressure. And here, American politics are still in trouble.

Lest it sound reluctant, consider first AUKUSthe merits. After Mr. Obama’s pivot, America’s friends in Asia have suffered a decade of disappointment. China has seized and fortified rocks and reefs in the South China Sea, despite competing claims from countries like the Philippines and Vietnam. Last year, its soldiers clashed with those from India on the border. Its fighter jets and battleships are constantly increasing the pressure on Taiwan, which it regularly hints it could invade. China has punished South Korea for perceived slights through ruinous trade boycotts. Many Asian countries were beginning to fear that America was too inconsistent and lukewarm to provide a counterweight.

AUKUS offers a rebuttal. One dimension is military. Amid the sea lanes and islands that are hot spots with China, nuclear submarines are more versatile than diesel-electric submarines. They can gather intelligence, deploy special forces and hide for months in the deep waters of the Pacific or Indian Ocean, a threat Chinese planners will need to heed. What’s more, AUKUS clears the way for US forces to operate around Australia, which could serve as a safe haven against increasingly threatening missiles from China. The fact that Australia has abandoned the French agreement for the Anglo-American agreement is proof of strategic seriousness.

AUKUSThe other dimension is diplomatic. In recent times, Australia has borne the brunt of aggressive Chinese tactics, particularly after calling for an investigation into the possibility that covid-19 escaped from a Chinese lab. As punishment for this and other grievances, China has imposed an unofficial embargo on a series of Australian exports. China’s belligerence is typical of the “wolf warrior” diplomacy that has sown consternation across Southeast Asia and beyond. By strengthening Australia, AUKUS sends a signal to the region that America has no qualms about supporting allies who resist Chinese intimidation.

The question is how America should supplement the hard power of AUKUS with the commitment to trade and work with China. President Joe Biden expressed his aspirations this week in his address to the UN General Assembly in New York. Stating that he did not want a cold war with China (although he did not mention it by name), the president called for “relentless diplomacy” to solve the world’s problems.

All in front AUKUS threatens this objective. And yet, in the long run, China will join global efforts to tackle global warming not as a boost to America, but because it sees them in its best interests. Just this week, China announced it would stop funding overseas coal-fired power plants. It was an easy promise, as that funding had already declined, but it was a promise China could have turned down to signal its anger.

It will be more difficult to find the balance on business competition. Mr. Biden’s economic policy towards China aims to increase national security by creating jobs in the country, with a Maginot line of industrial goals, regulation and government intervention. His Build Back Better World, a development finance mechanism (whose name he verified at UN) is a pale imitation of the Chinese Belt and Road Initiative.

Meanwhile, China, already the largest trading partner of most countries in the region, is strengthening its ability to shape the global economic and trade architecture. It places its employees in important positions in international institutions. It exports its national regulatory standards, such as, for example, its claim to jurisdiction over international legal disputes. This week, he asked to join the successor to the Trans-Pacific Partnership (TPP), a trade pact that America defended to counter China, then withdrew from Donald Trump.

Southeast Asia looks to China for its prosperity, so for America to act as a counterweight, it takes skill and imagination. A sign of America’s insufficiency is that even the most obvious path – to join the successor of the TPP– is seen in Washington as hopelessly ambitious. Almost as disturbing, as America attempts a fiercely complex balancing act, Mr. Biden’s diplomacy with France on AUKUS and its European allies on the withdrawal from Afghanistan were incompetent.

Celebrate AUKUS so. By signaling to China that its assertiveness has consequences, the pact aims to make Southeast Asia more secure. But remember that an agreement on nuclear-powered submarines is just a down payment on a larger Chinese strategy that, from now on, will become increasingly difficult to implement.

This article appeared in the Leaders section of the print edition under the title “Resurfacing”

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Dennis Trillo builds nursing home with Jennylyn Mercado https://twostringers.com/dennis-trillo-builds-nursing-home-with-jennylyn-mercado/ https://twostringers.com/dennis-trillo-builds-nursing-home-with-jennylyn-mercado/#respond Fri, 24 Sep 2021 03:13:06 +0000 https://twostringers.com/dennis-trillo-builds-nursing-home-with-jennylyn-mercado/

In an interview with PEP.ph, actor Dennis Trillo revealed he is building a nursing home with his longtime girlfriend, actress Jennylyn Mercado. The couple – who are extremely low-key about their relationship – hope to complete renovations to their Rizal nursing home by December of this year.

While they can sometimes post photos of each other on Instagram, the couple generally refrain from sharing their life together too much.

Although he reportedly broke up once in 2011, the couple appear to be doing well, especially with the news of their recent investment in a nursing home.

During the recent Venice Film Festival, Trillo gladly shared photos of himself with directors Boon Joon-ho and Chloe Zhao of Parasite and Nomadland respectively.

At the event, Trillo was seen handsome in an embroidered white blazer. In another photo, he was instead wearing an almost identical outfit with laser-cut designs.

Are you looking to upgrade your look in the future? Adding a third piece will easily enhance the proven jeans and t-shirt combination. Here is a selection of jackets that you will love.

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1. Levi’s Trucker Jacket for Men

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2. Korean style men’s fitted jacket

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Elevate Credit eclipses $ 500 million in combined loans receivable by 25% https://twostringers.com/elevate-credit-eclipses-500-million-in-combined-loans-receivable-by-25/ https://twostringers.com/elevate-credit-eclipses-500-million-in-combined-loans-receivable-by-25/#respond Thu, 23 Sep 2021 21:48:00 +0000 https://twostringers.com/elevate-credit-eclipses-500-million-in-combined-loans-receivable-by-25/

FORT WORTH, Texas – (COMMERCIAL THREAD) – The title of the release should read: Elevate Credit eclipses $ 500 million in combined loans (instead of Elevate Credit eclipses $ 500 million in combined loans at 25%).

The post’s caption should read: 25% increase from end of 2sd Quarter (instead of the increase from the end of the 2nd quarter).

The updated version reads as follows:

ELEVATE CREDIT ECLIPSE 500 MILLION DOLLARS IN COMBINED LOANS RECEIVABLE

25% increase from the end of the 2ndsd Trimester

Elevate Credit, Inc. (NYSE: ELVT) (“Elevate” or the “Company”), a leading technology provider of innovative and responsible online lending solutions for unprivileged consumers, today announced that combined loans – principal arrears recently exceeded $ 500 million.

Chief Executive Officer Jason Harvison said, “We, and the banks we back, are proud to have eclipsed half a billion in outstanding loans during the peak of the summer demand season in 2021. Consumer credit has recovered faster and stronger than initially expected. and we now expect the combined loan receivable and principal balances to end in 2021 in the range of $ 545 million to $ 575 million compared to our previous outlook of $ 475 million to $ 500 million. ”

“Elevate continues to build momentum and execute our strategic growth initiatives. Our new Blueprint platform has enabled strong growth for all three products. The three-tier marketing plan we developed earlier this year to re-engage alumni Partner channel expansion has proven to be very successful in 2021, and we’re excited to continue to reach underprivileged Americans who aren’t. not sufficiently served by traditional banks, ”continued Mr. Harvison.

Chad Bradford, Acting CFO, added: “During the peak credit demand season this spring and last summer, we were delighted to increase the volume of loans within our business unit. targeted. While this growth has increased the initial costs associated with origination, such as provisioning, we expect to meet our performance targets on significantly scaled volumes. We plan to provide an update of our financial outlook for the year 2021 on therd November quarter results conference call. ”

Forward-looking statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements contain words such as “may”, “will”, “could”, “expect”, “believe”, “anticipate”, “could”, “could”, “estimate”, “continue”, “Pursue”, or the negative thereof or comparable terminology, and may include (without limitation) information regarding the expectations, goals or intentions of the Company regarding future performance. These statements may include words such as “anticipate”, “estimate”, “expect”, “plan”, “plan”, “intend”, “believe”, “can”, “will”, “Should”, “likely” and other words and terms with similar meanings. Forward-looking statements include statements regarding: our expectations for future financial performance, including our outlook for the full year 2021; our potential for long-term earnings growth; and our expectation of continued high earnings through 2021. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in such statement. These risks and uncertainties include, but are not limited to: the effect of the COVID-19 pandemic and various policies implemented to prevent its spread on the business, financial condition and results of operations of the Company; the Company’s limited operating history in an evolving industry; the Company’s ability to increase its revenues and maintain or achieve consistent profitability in the future; new laws and regulations in the consumer lending industry in many jurisdictions that could restrict the consumer lending products and services offered by the Company, impose additional compliance costs on the Company, make the current operations of the Company unprofitable or even prohibit the current operations of the Company; scrutiny by regulators and payment processors of certain online lenders’ access to the automated clearinghouse system to disburse and collect loan proceeds and repayments; a lack of sufficient debt financing at acceptable prices or disruption in credit markets; the impact of competition in our industry and the innovation of our competitors; our ability to prevent security breaches, downtime and comparable events that could compromise personal and confidential information held in our data systems, reduce the attractiveness of our platform or negatively impact our ability to honor loans; and other litigation, compliance and regulatory risks. Additional factors that could cause actual results to differ are discussed under the heading “Risk Factors” and in other sections of the Company’s most recent annual report on Form 10-K, as well as in other current reports. and Company periodicals deposited from time to time with the latter. All forward-looking statements contained in this press release are made as of the date hereof, based on information available to the Company as of the date hereof, and the Company assumes no obligation to update any forward-looking statements.

About the elevation

Elevate (NYSE: ELVT), working with the banks that license its marketing and technology services, has to date granted $ 9.2 billion in unprivileged credit to more than 2.6 million non-privileged consumers. privileged customers and has saved its clients over $ 8.5 billion over the cost of payday loans. Its responsible and technological online lending solutions provide immediate relief to today’s customers and help them build a brighter financial future. The company is committed to rewarding borrowers for good financial behavior with features like interest rates that may drop over time, free financial education, and free credit monitoring. Elevate’s suite of revolutionary credit products include RISE, Elastic and Today Card. For more information, please visit http://corporate.elevate.com.

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Elevate Credit eclipses $ 500 million in combined loans receivable by 25% | National company https://twostringers.com/elevate-credit-eclipses-500-million-in-combined-loans-receivable-by-25-national-company/ https://twostringers.com/elevate-credit-eclipses-500-million-in-combined-loans-receivable-by-25-national-company/#respond Thu, 23 Sep 2021 20:17:21 +0000 https://twostringers.com/elevate-credit-eclipses-500-million-in-combined-loans-receivable-by-25-national-company/

FORT WORTH, TX – (BUSINESS WIRE) – Sep 23, 2021–

Elevate Credit, Inc. (NYSE: ELVT) (“Elevate” or the “Company”), a leading technology provider of innovative and responsible online lending solutions for unprivileged consumers, today announced that combined loans – principal arrears recently exceeded $ 500 million.

Chief Executive Officer Jason Harvison said, “We, and the banks we back, are proud to have eclipsed half a billion in outstanding loans during the peak of the summer demand season in 2021. Consumer credit has recovered faster and stronger than initially expected. and we now expect the combined loan receivable and principal balances to end in 2021 in the range of $ 545 million to $ 575 million compared to our previous outlook of $ 475 million to $ 500 million. “

“Elevate continues to build momentum and execute our strategic growth initiatives. Our new Blueprint platform has enabled strong growth for all three products. The three-tier marketing plan we developed earlier this year to re-engage alumni Partner channel expansion has proven to be very successful in 2021, and we’re excited to continue to reach underprivileged Americans who aren’t. not sufficiently served by traditional banks, ”continued Mr. Harvison.

Chad Bradford, Acting CFO, added: “During the peak credit demand season this spring and last summer, we were delighted to increase the volume of loans within our business unit. targeted. While this growth has increased the initial costs associated with origination, such as provisioning costs, we expect to meet our target returns on large-scale volumes. We plan to provide an update on our financial outlook for full year 2021 during the third quarter earnings conference call in November.

Forward-looking statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements contain words such as “may”, “will”, “could”, “expect”, “believe”, “anticipate”, “could”, “could”, “estimate”, “continue”, “Pursue”, or the negative thereof or comparable terminology, and may include (without limitation) information regarding the expectations, goals or intentions of the Company regarding future performance. These statements may include words such as “anticipate”, “estimate”, “expect”, “plan”, “plan”, “intend”, “believe”, “can”, “will”, “Should”, “likely” and other words and terms with similar meanings. Forward-looking statements include statements regarding: our expectations for future financial performance, including our outlook for the full year 2021; our potential for long-term earnings growth; and our expectation of continued high earnings through 2021. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in such statement. These risks and uncertainties include, but are not limited to: the effect of the COVID-19 pandemic and various policies implemented to prevent its spread on the business, financial condition and results of operations of the Company; the Company’s limited operating history in an evolving industry; the Company’s ability to increase its revenues and maintain or achieve consistent profitability in the future; new laws and regulations in the consumer lending industry in many jurisdictions that could restrict the consumer lending products and services offered by the Company, impose additional compliance costs on the Company, make the current operations of the Company unprofitable or even prohibit the current operations of the Company; scrutiny by regulators and payment processors of certain online lenders’ access to the automated clearinghouse system to disburse and collect loan proceeds and repayments; a lack of sufficient debt financing at acceptable prices or disruption in credit markets; the impact of competition in our industry and the innovation of our competitors; our ability to prevent security breaches, downtime and comparable events that could compromise personal and confidential information held in our data systems, reduce the attractiveness of our platform or negatively impact our ability to honor loans; and other litigation, compliance and regulatory risks. Additional factors that could cause actual results to differ are discussed under the heading “Risk Factors” and in other sections of the Company’s most recent annual report on Form 10-K, as well as in other current reports. and Company periodicals deposited from time to time with the latter. All forward-looking statements contained in this press release are made as of the date hereof, based on information available to the Company as of the date hereof, and the Company assumes no obligation to update any forward-looking statements.

About the elevation

Elevate (NYSE: ELVT), working with the banks that license its marketing and technology services, has to date granted $ 9.2 billion in unprivileged credit to more than 2.6 million non-privileged consumers. privileged customers and has saved its clients over $ 8.5 billion over the cost of payday loans. Its responsible and technological online lending solutions provide immediate relief to today’s customers and help them build a brighter financial future. The company is committed to rewarding borrowers for good financial behavior with features like interest rates that may drop over time, free financial education, and free credit monitoring. Elevate’s suite of revolutionary credit products include RISE, Elastic and Today Card. For more information, please visit http://corporate.elevate.com.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210923005924/en/

CONTACT: Investor Relations:

Solebury Trout

Sloan Bohlen, (817) 928-1646

Investors@elevate.com or Media inquiries:

Solebury Trout

Laurie Steinberg, (845) 558-6370

lsteinberg@soleburytrout.com

KEYWORD: TEXAS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: FINANCING OF PROFESSIONAL BANKING SERVICES

SOURCE: Elevate Credit, Inc.

Copyright Business Wire 2021.

PUB: 23/09/2021 16:15 / DISC: 23/09/2021 16:17

http://www.businesswire.com/news/home/20210923005924/en

Copyright Business Wire 2021.

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Space Force will share internal digital models with industry https://twostringers.com/space-force-will-share-internal-digital-models-with-industry/ https://twostringers.com/space-force-will-share-internal-digital-models-with-industry/#respond Thu, 23 Sep 2021 19:33:47 +0000 https://twostringers.com/space-force-will-share-internal-digital-models-with-industry/

NATIONAL HARBOR, Md. – The US Space Force invites industry to view and comment on new digital models that will lead to the further development of the service’s capabilities, officials said at the 2021 Air, Space and Cyber ​​conference .

The service will host a trade show on October 27, said Space Warfighting Analysis Center director Andrew Cox. While the classified event will focus on SWAC’s first force design, which relates to the military space missile warning and tracking business, Cox said the event is intended to bring the industry into the development process earlier while introducing businesses to the new digital approach to service for requirements and engineering.

“We’re going to reveal our thought process on how we think the future design of the force will look,” Cox said.

The aim of the new process is to reduce lengthy requirements procedures. This lengthy effort, according to Lt. Gen. William Liquori, deputy chief of space operations for strategy, plans, programs, requirements and analysis, often takes a year or two, resulting in a voluminous document. Such a process is far too long for the rapidly changing space environment, he added.

The revamped process kicks off with SWAC, which develops a force design using high-fidelity digital models of the space environment and counter-space threats posed by perceived adversaries. This conception of force is then passed on to Liquori’s office, which translates it into a set of digital requirements which in turn is passed on to the Acquisitions team. The Space Force Acquisitions team then works with industry, using digital engineering to create models of space systems that can meet these requirements.

The digital twins of these models are shared with the SWAC, where they are connected to the high-fidelity simulation that was used to design the test requirements. That way, Space Force officials can see how the proposed satellites will perform in a contested environment in a high-fidelity simulation before manufacturing begins.

The industry will get its first look at SWAC’s models at the Oct. 27 business show, Cox said.

“I’m going to provide you with all of our threat models (and when I say ‘threat’ I mean all the terrestrial and space counter-space threats that we expect to see in the 2030s), targets (which means what that we are trying to detect) and the force designs that we believe best detect these targets while surviving in this threat environment that I just gave you. have never had it before, ”Cox added.

Chief of Space Operations Gen. Jay Raymond announced earlier this year that the Space Force wanted to be the world’s first fully digital service, but this is one of the first times that officials have explained in detail how that process will work and what they will share. with industry.

The Space Force has already introduced digital engineering requirements into its contracts, starting with the next block of next-generation persistent infrared missile warning satellites. The contractors have been tasked with designing digital models of satellites, which will be tested in a new orbital regime that could significantly change the architecture of the national missile warning company.

Last month, Space Force officials claimed the service was making progress in building its digital engineering infrastructure. Lt. Gen. Mike Guetlein, who heads the new Space Systems Command, said the acquisitions community is fully embracing digital.

“These data standards are under development. The platform is under development. The hardware stack is under development, so that we can all communicate on a common framework, ”Guetlein said at the Space Symposium in Colorado Springs. “And now we’re starting to talk about: what does this digital platform look like that’s going to take us forward? “

“And now, with the creation of the Space Warfighting Analysis Center, we’re actually sharing the models that we use to do our simulations and the models that we expect your digital twins to connect to,” he added. “So the industry can now play with their designs and understand the environments that we believe will be challenged in space. “

Nathan Strout covers space, unmanned and intelligence systems for C4ISRNET.

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