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Biosmart will move on to mass production of biometric payment cards based on ’ platform after Mastercard gave the go ahead. Based in South Korea, manufactures over 50 million payment cards every year. On Monday it obtained a Letter of Approval (LoA) from Mastercard for its biometric payment card built on the Idex Pay platform. “Making payments easier and more secure for consumers with biometric payment cards, based on the leading technology from Idex Biometrics, represents a massive opportunity,” says Henry Kang, chief sales officer at Biosmart. “The interest from banks in the region underpins the commercial opportunity ahead of us,” he added. But this is not the only recent Idex collaboration with a Korean company. Last week, IDEX Biometrics announced a commercial development agreement with smart card manufacturer (formerly ICK). The agreement covers the design, manufacture and marketing of biometric metal and PVC cards for bank and fintech launches in the U.S., Europe and Asia. Idex Biometrics now has full coverage across all four card manufacturers in , representing production capacity in excess of 100 million smart cards annually. “With Cellfie’s strong customer portfolio in USA and Europe and a CAGR of metal cards projected at close to 25 percent, the opportunity for Idex Biometrics is substantial,” says Catharina Eklof, CEO of Idex Biometrics. “As a world leading metal card manufacturer, Cellfie Global strengthens our growing portfolio of smart card makers globally and in South Korea with unique capabilities and an innovative competitive edge,” she continued. Cellfie Global has customers mainly in the U.S. and Europe, markets that represent 78 percent of the 40 million annual metal card shipments. “Biometrics cards are a must have for leading smart card providers like Cellfie,” comments Yoo Ki Jong, CEO of Cellfie Global. Idex has been from biometric cards, reporting only $60,000 in Q3, but CEO Catharina Eklof told in an interview last month that she sees biometric cards as . | | | | | |
INDIANAPOLIS , Dec. 29, 2024 /PRNewswire/ -- American Legion National Commander James A. LaCoursiere, Jr. , issued the following statement today concerning the passing of former President Jimmy Carter : "President Carter was a Legionnaire, a distinguished Navy veteran and a devout Christian. His commitment to human rights and community service was respected worldwide. He lived longer than any president in American history and made the most of his post-presidential years by strongly advocating for world peace and improving the lives of the disadvantaged. His energy, integrity and humility were admired by people across the political spectrum. President Carter's wife, Rosalynn, was a leader in mental health awareness. They will both be missed. Our condolences to the entire Carter family and the many lives that they have touched, especially in their home state of Georgia ." During an address to The American Legion's 1980 national convention, President Carter described his vision for America on the world stage. "We do not maintain our power in order to seize power from others. Our goal is to strengthen our own freedom and the freedom of others, to advance the dignity of the individual and the right of all people to justice, to a good life, and to a future secure from tyranny. In choosing our course in the world, America's strength serves American values," he said. About The American Legion The American Legion , the nation's largest veterans organization, is dedicated to the motto of "Veterans Strengthening America." Chartered by Congress in 1919, The American Legion is committed to mentoring youth and sponsoring wholesome community programs, advocating patriotism and honor, promoting a strong national security and continued devotion to service members and veterans. It has made suicide prevention its top priority through its Be the One mission . Nearly 1.6 million members in more than 12,000 posts across the nation and regions overseas serve their communities with a devotion to mutual helpfulness. Media contact: John Raughter , [email protected] , 317.630.1350 SOURCE The American Legion
North Carolina has interviewed former New England Patriots coach and six-time Super Bowl champion Bill Belichick for its head coaching position, two people with knowledge of the situation said Thursday. Both people spoke to The Associated Press on condition of anonymity because the school isn't commenting publicly on its search. Belichick's interview, first reported by Inside Carolina, comes a week after the school fired its winningest coach in College Football Hall of Famer Mack Brown. The school announced Nov. 26 that Brown wouldn't return for a seventh season in his second stint at the school, with Brown staying on to coach last weekend's rivalry loss to N.C. State. Former Cleveland Browns coach Freddie Kitchens is working as the interim coach for an upcoming bowl game as UNC conducts it search. Moving on from the 73-year-old Brown to hire the 72-year-old Belichick would mean UNC is turning to a coach who has never worked at the college level, yet had incredible NFL success alongside quarterback Tom Brady throughout most of his 24-year tenure with the Patriots that ended last season . In the time since, he had been linked to NFL jobs , notably the Atlanta Falcons in January. UNC’s opening comes at a time of rapid changes in college athletics with free player movement through the transfer portal and players able to cash in on their athletic fame with endorsement opportunities. There’s also the impending arrival of revenue sharing, part of a $2.8 billion antitrust settlement proposal that gained preliminary approval by a judge in October. “I think it's a great time for me to get out,” Brown said after Saturday's loss to the Wolfpack. “This isn't the game that I signed up for. It's changed so much.” In an UNC-produced podcast earlier this week, athletic director Bubba Cunningham said all the coaches the school is talking with about its job “are playing,” with college football having reached its conference title games before unveiling the 12-team College Football Playoff and bowl assignments. Cunningham said then that “fit” was the most important thing in finding Brown’s successor. “There's a certain person that’s best suited at the right time, at the right place,” he said. “And right now, that’s we’re looking for: Where are we today, who can lead us in the next three, five, 10 years?” Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballIt’s official: we now have perhaps the worst excuse from liberal media for Vice President Kamala Harris’s resounding defeat to Donald Trump. Since the election, Democratic Party operatives, liberal intellectuals and cable news hosts have served up a slew of excuses for the November disaster, everything from hate-fueled racism to plain old sexism . But Salon writer Amanda Marcotte has the worst excuse of them all: Kamala got shellacked because of Q-Anon-adjacent conspiracy theories. (Stream The Daily Caller’s Latest Documentary ‘ Cleaning Up Kamala ’ HERE) Marcotte writes that Americans who voted for Trump are addicted to conspiracy theories on social media, whereas the average Harris voter is someone who lives grounded in reality, consuming their news from establishment media outlets. Naturally, Americans who like to flirt with fringe theories like Q-Anon will go all in for the candidate who — allegedly — is the king of spreading lies and that dirty word, “disinformation.” “What quickly becomes evident about the median voters in an American focus group is how profoundly opposed they are to even the most basic factual information,” Marcotte claims. “On the contrary, it’s a community with a pathological aversion to reality, where people compulsively react to anything truth-shaped with hostility, running as hard as they can toward disinformation. They are addicted to BS. Of course they voted for Trump, the country’s most reliable dealer of their favorite drug.” Democratic presidential candidate, U.S. Vice President Kamala Harris and Democratic vice presidential candidate Minnesota Gov. Tim Walz clasp hands onstage after the end of a campaign rally at the Fiserv Forum on August 20, 2024 in Milwaukee, Wisconsin. Later this week Harris will accept her party’s presidential nomination at the Democratic National Convention in Chicago, Illinois. (Photo by Anna Moneymaker/Getty Images) Never mind that the Biden-Harris administration has been a slow-moving disaster since 2021. Never mind the inflation, the porous border, the foreign wars sucking up American tax dollars. Never mind the lunatic ideas embraced by the Democratic Party elites , such as sex changes for kids and sanctuary cities. Never mind the simple fact that Harris was one of the worst presidential candidates in modern political history, a witless clod who could barely handle a sit-down interview, who could barely handle a softball question without bursting out into a cackling fit. Never mind that her running mate, Tim Walz, was a Marxist Mr. Magoo who spent the final days of the campaign desperately, shamelessly pandering to the young men his party has alienated for years. (RELATED: Democrats Bud Lighted Their Entire Brand, And It’s Too Late To Save It) No, none of that matters! None of that explains her loss in the slightest. It’s all marginal. The real reason is that too many Americans are spending too much time on social media and spreading dangerous memes that undermine the regime’s propaganda. Unlike Marcotte, one Kamala Harris staffer, deputy campaign manager Rob Flaherty, had enough self-awareness to understand that her loss had far more to do with the party’s utter disconnect with regular Americans than those voters’ predilection for online memes and raw milk. “For the left, our amplification ecosystem is the mainstream media and Hollywood, and the mainstream media and Hollywood don’t really mess with us — they’re not actually allies. And they’re not where these voters who don’t want to pay attention to politics are. We are sitting here at Harvard at a big event with mainstream media. Voters out there that we actually needed to reach are not seeing this at all, and they’re not seeing mainstream media at all,” Flaherty said at a Harvard politics event Dec. 6. “I think, fundamentally, we have a mismatch between the amplification engine of the left and the media of this moment, which is increasingly alternative, anti-establishment ... that presents a real issue for us, the party of institutions, at a time when people really hate institutions,” he went on to say. Spot on. Although there might be a kernel of truth to the fact that Americans like conspiracy theories, it certainly was not a major factor, the factor, in this election. Marcotte also fails to see the very same dynamic on the left, that they are trapped within their own propaganda ecosystem, ensnared by their own delusions, the most damaging of which was the notion that Harris was actually a good candidate who could appeal to regular voters. Did you enjoy this post? Consider checking out John’s full weekly newsletter, Mr. Right, available here: MrRight.DailyCaller.com
NEW YORK (AP) — U.S. stocks closed at more records after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street. The S&P 500 rose 0.6% to reach another all-time high. The Dow Jones Industrial Average added 0.3% to its own record set the day before, while the Nasdaq composite rose 0.6% as Big Tech stocks helped lead the way. Stock markets abroad saw mostly modest losses, after President-elect Trump said he plans to impose sweeping tariffs on Mexico, Canada and China as soon as he takes office. U.S. automakers and other companies that could be hurt particularly by such tariffs fell. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — U.S. stocks are rising toward records Tuesday after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street, even if they could roil the global economy were they to take effect. The S&P 500 climbed 0.5% and was on track to top its all-time high set a couple weeks ago. The Dow Jones Industrial Average added 81 points, or 0.2%, to its own record set the day before, while the Nasdaq composite was 0.5% higher, with less than an hour remaining in trading. Stock markets abroad were down, but mostly only modestly, after President-elect Trump said he plans to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Stock indexes were down 0.1% in Shanghai and nearly flat in Hong Kong, while Canada's main index edged down by just 0.1%. Trump has often praised the use of tariffs , but investors are weighing whether his latest threat will actually become policy or is just an opening point for negotiations. For now, the market seems to be taking it more as the latter. Unless the United States can prepare alternatives for the autos, energy products and other goods that come from Mexico, Canada and China, such tariffs would raise the price of imported items all at once and make households poorer, according to Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics. They would also hurt profit margins for U.S. companies, while raising the threat of retaliatory tariffs by other countries. General Motors sank 8.2%, and Ford Motor fell 2.6% because both import automobiles from Mexico. Constellation Brands, which sells Modelo and other Mexican beer brands in the United States, dropped 3.9%. Beyond the pain such tariffs would cause U.S. households and businesses, they could also push the Federal Reserve to slow or even halt its cuts to interest rates. The Fed had just begun easing its main interest rate from a two-decade high a couple months ago to offer support to the job market . While lower interest rates can boost the overall economy and prices for investments, they can also offer more fuel for inflation. “Many” officials at the Fed's last meeting earlier this month said they should lower rates gradually, according to minutes of the meeting released Tuesday afternoon. Unlike tariffs in Trump's first term, his proposal from Monday night would affect products across the board. Trump’s tariff talk came almost immediately after U.S. stocks rose Monday amid excitement about his pick for Treasury secretary, Scott Bessent. The hope was the hedge-fund manager could steer Trump away from policies that balloon the U.S. government deficit, which is how much more it spends than it takes in through taxes and other revenue. The talk about tariffs overshadowed another set of mixed profit reports from U.S. retailers that answered few questions about how much more shoppers can keep spending. They’ll need to stay resilient after helping the economy avoid a recession, despite the high interest rates instituted by the Fed to get inflation under control. Kohl’s tumbled 17.6% after its results for the latest quarter fell short of analysts’ expectations. CEO Tom Kingsbury said sales remain soft for apparel and footwear. A day earlier, Kingsbury said he plans to step down as CEO in January. Ashley Buchanan, CEO of Michaels and a retail veteran, will replace him. Best Buy fell 4.7% after likewise falling short of analysts’ expectations. Dick’s Sporting Goods topped forecasts for the latest quarter thanks to a strong back-to-school season, but its stock lost an early gain to fall 1.4%. A report on Tuesday from the Conference Board said confidence among U.S. consumers improved in November, but not by as much as economists expected. J.M. Smucker jumped 5.4% for one of the biggest gains in the S&P 500 after topping analysts' expectations for the latest quarter. CEO Mark Smucker credited strength for its Uncrustables, Meow Mix, Café Bustelo and Jif brands. Big Tech stocks also helped prop up U.S. indexes. Gains of 2.8% for Amazon and 2% for Microsoft were the two strongest forces lifting the S&P 500. In the bond market, Treasury yields rose following their big drop from a day before driven by relief following Trump’s pick for Treasury secretary. The yield on the 10-year Treasury climbed to 4.30% from 4.28% late Monday, but it’s still well below the 4.41% level where it ended last week. In the crypto market, bitcoin continued to pull back after topping $99,000 for the first time late last week. It's since dipped back toward $91,600, according to CoinDesk. It’s a sharp turnaround from the bonanza that initially took over the crypto market following Trump’s election. That boom had also appeared to have spilled into some corners of the stock market. Strategists at Barclays Capital pointed to stocks of unprofitable companies, along with other areas that can be caught up in bursts of optimism by smaller-pocketed “retail” investors. ___ AP Business Writer Elaine Kurtenbach contributed. Stan Choe, The Associated Press
UConn's Geno Auriemma becomes all-time winningest D-I coach
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