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Edison International Donation Brings Laptops, Internet Access to Schools Navigating COVID-19 Impacts

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Edison International today announced a $520,000 donation to the California Bridging the Digital Divide (BDD) Fund, a statewide effort to provide students with equitable access to quality public education during the COVID-19 pandemic. The donation will result in hundreds of refurbished laptops and expanded internet access for school districts in Los Angeles, Riverside, San Bernardino and Tulare counties.

Edison Internationals gift is comprised of an in-kind donation of 600 refurbished laptops, valued at $270,000, and $250,000 in cash grants.

The COVID-19 crisis in K-12 education is taking a disproportionate toll on students, families and educators in our communities, said Caroline Choi, senior vice president of Corporate Affairs at Edison International and Southern California Edison. This donation will equip school districts in our service area with needed resources to support distance learning for thousands of students and teachers.

The grants were paid using Edison International shareholder dollars, not SCE customer funds.

Two San Bernardino County schools Twentynine Palms High School of the Morongo Unified School District and Clement Middle School of the Redlands Unified School District will receive 400 and 200 laptops, respectively, with updated software for distribution to students. The laptops were previously used by SCE employees before they were refurbished.

The Farmersville Unified School District (Tulare County), Inglewood Unified School District (Los Angeles County) and Lake Elsinore Unified School District (Riverside County) will receive learning resources hot spots, laptops and notebook computers funded by Edison Internationals cash grants.

The California BDD Fund is a joint effort of the Governors Office, the State Board of Education, the California Department of Education and the Californians Dedicated to Education (CDE) Foundation. Edison International partnered with the CDE Foundation, which purchased the learning resources in bulk using funds from Edison Internationals cash grants. Based on initial survey data, the foundation identified the schools most in need and allocated the items accordingly.

The California BDD Fund seeks to address the digital divide to build more equitable teaching and learning environments, especially for special education, English learner, low-income and rural populations.

Elected officials responded positively to Edisons Internationals donation:

  • State Sen. Steven Bradford (D-35), whose district includes Inglewood, said, Inglewood students and their families have been working hard at the difficult task of adapting to distance learning, and I thank Edison for their meaningful support. The need for distance learning has proven that the digital divide is real in both rural and urban communities. As these students and Inglewood USD continue to respond to COVID-19 with safe, remote-learning methods, students deserve as much support as we can provide them. Edisons support of this community is much appreciated.
  • State Sen. Melissa Hurtado (D-14), whose district includes much of Tulare County, said, Keeping students connected to the internet and equipping them with laptops and technology is essential during the current pandemic. Edison’s donation to the California BDD Fund will help equip students in Tulare County with what they need to virtually attend school. Without their help, many kids in my district would be unable to learn and grow.
  • State Sen. Melissa Melendez (R-28), whose district includes Lake Elsinore, said, Californias response to COVID-19 has created many hardships, especially with regard to how we educate our children; families are not able to obtain the technology needed for virtual classrooms or have access to quality internet speeds. I thank Edison for their generous donation to ensure that children in the Lake Elsinore Unified School District have the tools they need so they can continue to learn.
  • State Assembly Member Devon Mathis (R-26), whose district includes most of Tulare County, said, When life throws you a curveball, it takes relationships and partnership between government and the community to get the job done. I couldn’t think of a better school district to receive this donation. Thank you to Edison and the (CDE) Foundation for giving these students a hand up.
  • State Assembly Member Chad Mayes (IND-42), whose district includes Twentynine Palms, said, Im very grateful for Edison Internationals effort to step up and help close the learning divide as we continue navigating the challenges of distance learning. These laptops will assist in our shared goal of equitable learning opportunities.

We need to use technology as a tool to educate and not just for distance learning. Devices are part of how we do schooling in the 21st century, said Wendy Dougherty, chief operating officer of the CDE Foundation. We look at this as an opportunity to bridge the digital divide. Hopefully, we have raised awareness of this critical issue for the long term.

About Edison International

Edison International (NYSE: EIX) is one of the nations largest electric utility holding companies, providing clean and reliable energy and energy services through its independent companies. Headquartered in Rosemead, California, Edison International is the parent company of Southern California Edison Company, a utility that delivers electricity to 15 million people across Southern, Central and Coastal California. Edison International is also the parent company of Edison Energy, a global energy advisory company delivering comprehensive, data-driven energy solutions to commercial and industrial users to meet their cost, sustainability and risk goals.

Media Contact: Denise Luu, (626) 302-2255

 

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Kount Partners With Snowflake to Deliver Actionable Customer Insights for eCommerce Providers to Improve Customer Experience, Lower Friction, Increase Conversions and Uncover Cross-sell and Upsell Opportunities

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Kount, the leader in identity trust and digital fraud protection, today announced a partnership with Snowflake, provider of Data Cloud, to offer actionable customer insights via Snowflake Data Marketplace. This new product, called Data on Demand, is the industrys first private data warehouse enriched with insights from Kounts Identity Trust Global Network, powered by advanced artificial intelligence and machine learning.

Hosted by Kount and fueled by Snowflake, Data on Demand gives enterprises the unprecedented ability to proactively employ data to increase revenue opportunities via customized upsell, cross-sell and downsell initiatives. Businesses can use Data on Demand to reduce friction, discover omnichannel customer behavior and evaluate fraud prevention initiatives.

In todays digital world, data is key to success. Data on Demand empowers businesses to easily combine all their company data with additional insights to gain deep analysis, access personalized reporting and create custom machine learning models.

Besides device, location and decision data, insights in Data on Demand can include:

  • Customer-collected payment details
  • Data from Kounts user-defined fields
  • Data from triggered rules, reviews and outcomes

Kounts Data on Demand is built on Snowflake. Snowflakes platform requires near-zero maintenance and separates compute from storage to enable businesses to quickly manipulate high volumes of data in the cloud with near-zero performance, concurrency or scale limitations. Snowflake Data Marketplace uses secure data sharing technology to provide a single source of truth for data from across an organization’s ecosystem, which can be combined with additional data sources for even deeper insights.

Kounts Data on Demand and Identity Trust Global Network leverage Snowflakes Data Marketplace to share data from across sources in a secure and governed way, said Matt Glickman, Snowflake VP of Customer Product Strategy, Data Marketplace. This partnership gives our joint customers the ability to more fully utilize their data to gain a deeper understanding of customer behavior, support fraud prevention and provide meaningful business value.

Snowflake and Kounts new partnership is a game changer in understanding true omnichannel customer behavior, as well as discovering new segmentation, cross-sell and upsell and customer retention strategies, said Gary Sevounts, Kount CMO. With unprecedented growth in digital commerce comes unprecedented opportunity to uncover new customer journey paths, reduce friction and take customer experiences to the next level. Data on Demand is the key to unlocking huge amounts of both new and existing data from many sources.

To learn more about Data on Demand, click here. Snowflake and Kount will share specific examples and uses of Data on Demand in an upcoming free webinar on December 15. Register here.

About Kount

Kounts Identity Trust Global Network delivers real-time fraud prevention and account protection and enables personalized customer experiences for more than 9,000 leading brands and payment providers. Linked by Kounts award-winning AI, the Identity Trust Global Network analyzes signals from 32 billion annual interactions to personalize user experiences across the spectrum of trustfrom frictionless experiences to blocking fraud. Quick and accurate identity trust decisions deliver safe payment, account creation and login events while reducing digital fraud, chargebacks, false positives and manual reviews. Kount.com

Lacey Briggs

Public Relations Manager

[email protected]

[email protected]

208-489-3334

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BlackRock Unveils New Offering to Power Investors’ Transition to Net Zero Emissions

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Building on BlackRocks strength in risk management through the Aladdin platform, BlackRock today announced it has created Aladdin Climate to meet the urgent need among financial institutions and investors to quantify climate risk in their portfolios as the physical toll of climate change mounts and the global transition to net zero emissions accelerates.

Aladdin Climate is the first software application to offer investors measures of both the physical risk of climate change and the transition risk to a low-carbon economy on portfolios with climate-adjusted security valuations and risk metrics. Using Aladdin Climate, investors can now analyze climate risk and opportunities at the security level and measure the impact of policy changes, technology, and energy supply on specific investments. Aladdin Climate is initially available as an add-on for existing Aladdin clients globally with asset class coverage rolled out gradually over the course of 2021.

There is no single issue that clients ask us more about than the impact of climate risk on their portfolio, said Rob Goldstein, BlackRocks Chief Operating Officer. Yet, while lots of people are talking about climate risk today, what investors need to make informed decisions is data tied to specific securities in their portfolio. Aladdin Climate is a dramatic step forward to begin filling the information gap necessary to build truly sustainable portfolios.

Evolution of ESG Data

Investors have long highlighted the need for improved ESG data to increase sustainable investing strategies. Now, the dramatic growth in relevant corporate disclosures and unstructured data has created unprecedented opportunities to enhance climate analytics. Today, more than 85% of S&P 500 companies disclose ESG data, compared to 20% ten years ago and Sustainability Accounting Standards Boards (SASB) disclosures have increased 288% since January.

More and more organizations seek to report on climate risk, whether for mandatory stress tests or voluntary disclosures such as the Task Force on Climate-related Financial Disclosures (TCFD) recommendations, but have lacked tools that quantify climate risk. Aladdin Climate will help clients stress test investments to estimate how they might perform in different climate scenarios like those outlined in the Paris Agreement.

We are building on BlackRocks strength in financial modeling and risk management to set a standard for climate risk analytics, said Mary-Catherine Lader, Head of Aladdin Sustainability at BlackRock. Aladdin Climate analyzes climate risk alongside traditional risk metrics for a holistic view of risk across the investment process, all integrated in existing Aladdin workflows. Investors can now analyze tough questions about rising sea levels potential impact on their portfolios, or how a rapid shift to low-carbon policies could affect specific companies.

Partnerships with Sustainalytics and Refinitiv

BlackRock has also expanded access to ESG data through new partnerships with leading data providers Sustainalytics and Refinitiv. Aladdin now offers over 1,200 key performance indicators to help portfolio and risk managers identify sustainability-related risks in their exposures and make informed asset allocation decisions. By providing all Aladdin clients a set of ESG scores across a broad universe of companies, BlackRock is making it easier for investors to incorporate ESG metrics in their investment process.

About Aladdin Aladdin is BlackRocks end-to-end investment management and operations platform used by institutional investors including asset managers, pension funds, insurers and corporate treasurers. It combines sophisticated risk analytics with comprehensive portfolio management, trading and operations tools on a single, unified platform. Also customized for wealth managers, Aladdin provides a common language across the investment lifecycle and enables a culture of risk transparency among users.

Logan Koffler

[email protected]

646.231.1904

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Viseon MaxView™ System Accelerates Adoption of Minimally Invasive Spine Surgery Procedures

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Viseon, Inc., a leader in minimally invasive spine surgery visualization technologies, today announced MaxView„¢ facilitates more rapid adoption of Minimally Invasive Spine Surgery procedures by providing an enhanced teaching and learning experience. MaxView„¢ is a state-of-the-art technology that provides a first-of-its-kind, unobstructed view into Minimally Invasive Spine Surgery procedures. This intraoperative view of the surgical site is displayed in high definition onto operating room monitors, allowing for a magnified see and be seen experience. Surgeon trainees now have the ability to observe the procedure in real time and trainers have the confidence to allow trainees to perform a greater portion of the surgery earlier in their training, intervening only when necessary. Gregory Mundis, MD, Co-Director of the San Diego Spine Fellowship Program at Scripps Green Hospital and Rady Childrens Hospital, commented, Viseons MaxView„¢ has enabled me to let go of the knife and trust my fellows months earlier in their training. They get to see very early in their training how I perform the procedures and subsequently I am able to directly observe and direct their hands through MaxView„¢ video assistance.

Teaching and learning Minimally Invasive Spine Surgery procedures has historically been challenging for many reasons, all of which remain barriers to adoption. The most significant challenge to adoption of these procedures is limited visualization, being that only one person can view the surgical site at any given time. As a result, many trainees leave residency, fellowship or industry-sponsored training with a lack of confidence to adopt the procedure in their practice. Learning a procedure and adopting a procedure are two totally different things. For the first time ever, MaxView„¢ is enhancing the trainer and trainee experience, ultimately resulting in surgeon confidence and increased adoption rates of Minimally Invasive Spine Surgery procedures, stated Matt Anderson, Viseon Vice President US Sales. As profound as it may sound, the surgeons enhanced ability to see accelerates adoption of advanced techniques, improves OR efficiency and minimizes risks of complications, added Mr. Anderson. The MaxView„¢ System provides superior visualization through minimally invasive access that is unobstructed by instrument handles and surgeon hands, and projects a real-time image onto the OR monitor, allowing the entire OR team to observe the highly magnified HD views. As a result, trainees leave training programs with a superior experience and increased confidence to more rapidly adopt advanced procedures into their practice.

About Viseon, Inc.

Viseon has developed a unique portfolio of devices to improve the procedural and clinical outcomes of many Minimally Invasive Spine Surgery procedures. In addition to rapid product development of its products, Viseon has assembled a world-class Clinical Advisory Board of leading MISS physicians, amassed a significant intellectual property portfolio, completed a large series of clinical use and is currently in phase-one of US commercialization. Viseon is a privately held medical device company founded in early 2017 as a spin-out from Rebound Therapeutics Corporation, and is located in Irvine, California.

Viseon, Inc.

Matt Anderson, VP Sales

949-662-3959

www.ViseonSpine.com

https://www.linkedin.com/company/viseon-spine

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Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
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