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Project CO2MENT Rolls On in Spite of 2020’s Challenges

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Lafarge Canada Inc. (Lafarge), Svante Inc. (Svante), and Total S.A. (Total) have reached a major milestone of Project CO2MENT, a first of its kind partnership to capture industrial levels of CO2 emissions from a cement plant. The multi-phase project celebrates the completion of Phase II, construction to have the technology to capture and filter the CO2 from the flue gas. This is a crucial component to achieve the next stage of capturing CO2 flow at the Lafarge Richmond Cement facility in British Columbia.

This has been a turbulent year for business and people due to the COVID-19 pandemic with many large scale projects being put on hold, but the perseverance that the people working at the Richmond Cement plant continue to show is evident in the success of Project CO2MENT, stated Brad Kohl, President, and CEO of Lafarge Western Canada. To continue leading change in the building materials industry means we are always looking to partner with like-minded thought leaders such as Svante and Total. This partnership is showcasing our drive towards a net-zero future, and we are seeing this vision become a reality, right now with the completion of this phase, added Kohl.

Claude Letourneau, President & CEO of Svante, noted, When we think about the fight against climate change, we know there has been work on energy efficiencies, renewables, but no major developments on capturing and cost-effectively using CO2 emissions from industrial sources, until now. The last piece of this problem is essential because it is the part that allows us to transition to a carbon-neutral marketplace. Our partnership with Lafarge is building a new net-zero economy, and that is a very positive message we are sending to the world – it can be done.

The Svante capture unit, a carbon capture technology designed to trap CO2 produced from industrial processes, is now installed at the Richmond Cement Plant. The completion of this phase allows the cement facility to capture the CO2 contained in its cement flue gas and to reuse it for CO2-cured concrete, thus storing it permanently. Coupling this equipment with the alternative fuels used at the plant creates the worlds first full-cycle solution to capture and reuse CO2 from a cement plant. The carbon-efficient examples achieved here are leading the way to a near-zero emissions cement facility.

Phase III, scheduled for work over the next 3 years, will include the installation of a liquefaction unit and the development of an expansion project to further reduce emissions, as well as a business case review for further expansion across the Lafarge network. The technology and implementation of Project CO2MENT are transformative and have not been used in a cement plant before in the world. The results and success of Phase III will contribute to a fundamental shift in the manufacturing of sustainable building materials both in Canada and around the world.

About Lafarge Canada Inc.

Lafarge is Canadas largest provider of sustainable construction materials and a member of the global group, LafargeHolcim. With 6,000 employees and 350 sites across Canada, our mission is to provide construction solutions that build better cities and communities. The cities where Canadians live, work and raise their families along with the communitys infrastructure benefit from the solutions provided by Lafarge consisting of aggregates, asphalt and paving, cement, precast concrete, ready-mix concrete, and road construction. www.lafarge.ca

About Svante

Svante offers companies in emissions-intensive industries a commercially viable way to capture largescale CO2 emissions from existing infrastructure, either for safe storage or to be recycled for further industrial use in a closed-loop. With the ability to capture CO2 directly from industrial sources at less than half the capital cost of existing solutions, Svante makes industrial-scale carbon capture a reality. Svantes Board of Directors includes Nobel Laureate and former Secretary of Energy, Steven Chu and ; CEO of OGCI Climate Investments Pratima Rangarajan. www.svanteinc.com

About Total

Total is a major energy company that produces and supplies oil, natural gas, and low-carbon electricity. Our 100,000 employees are committed to better energy that is safer, cleaner, more affordable, more innovative, and accessible to all. With operations in more than 130 countries, our aim is to become the worlds leading responsible energy major.

Lafarge Canada Inc.

Jill Truscott, Manager of Communication – Western Canada

[email protected]

Aleya Adams, Coordinator Environment & Public Affairs

[email protected]

Svante

Julia McKenna

[email protected]

778-985-5722

Total

Press Relations: +33 (0)1 47 44 46 99 l [email protected] l @TotalPress

Investor Relations: +44 (0)207 719 7962 l [email protected]

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Falls Fintech to Launch Cohort 3

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SIOUX FALLS, S.D., Feb. 26, 2021 /PRNewswire-PRWeb/ — Falls Fintech, the fintech accelerator founded by Central Payments in 2019, is excited to announce the five companies that make up its third cohort of fintech startups. The 12 week program kicks off on March 1, 2021. Falls Fintech is a business accelerator program geared towards early-stage fintech companies and concludes with a partnership with Central Payments.

“Our third cohort of entrepreneurs are developing fresh approaches to user experience and technology in order to bring greater transparency and cost savings to financial activities. Our Falls Fintech team is eager to spend time working alongside these companies and help prepare them for market launch,” said Nikkee Rhody, Managing Director of Falls Fintech.

This Falls Fintech session will once again have an Entrepreneur in Residence (EIR) who has already overcome many of the challenges of starting a company and can collaborate with other fintech founders. Cohort 3 EIRs are Karen Rios and Corey Beebe, founders of Lifesaver. As the EIRs, Lifesaver will take part in the Falls Fintech curriculum, mentor other cohort participants, and simultaneously integrate with Central Payments for a market launch soon after completion of the spring session.

Trent Sorbe, President and Founder of Central Payments and Co-Founder of Falls Fintech, said “We're delighted about the opportunity to support the next generation of financial services companies and look forward to bringing their innovative products to market at the end of their Falls Fintech experience through Central Payments.”

All are welcome to join the virtual watch party to meet and hear from the spring 2021 cohort. Register here:
https://us02web.zoom.us/webinar/register/WN_8KN2ACyKQIW_Lbo2WeJZcg
Thursday, March 3, 3:00pm4:00pm CST

The full line-up of impressive participants in cohort 3 are:

1) Lifesaver
CEO: Karen Rios
CTO: Corey Beebe
HQ: New York, NY
GetLifesaver.com
Lifesaver is the universal banking platform that prioritizes financial health for consumers and automates cross-selling for banks.

2) Draft Fuel
CEO: Tom Mangan
COO: Alex Cullingford
HQ: Philadelphia, PA
Draftfuel.com
DraftFuel is a bankroll management app that connects to a user's existing bank accounts and credit cards for the purpose of monitoring and rounding-up to save the spare change from their daily purchases. It also allows users to save a fixed percentage of their bank deposits into an app-integrated, re-loadable, pre-paid virtual debit card to connect and play with on their favorite gaming platforms (Ex: Draftkings, Fanduel, BetMGM, etc.).

3) Frich
CEO: Katrin Kaurov
CPO: Aleksandra Medina
HQ: New York, NY
Getfrich.com
Frich is the first social finance app using gamification and social media elements that empower Gen Z to take control of their social life spending through goal setting with friends.

4) Frugl
CEO: Michael Gauthier
HQ: Toronto, CAN
Frugl.ca
Frugl gives you more confidence in your financial future by empowering you to automatically put away more savings, in ways that work for your lifestyle.

5) Slyde
CEO: David Gertner
President: Ben Gertner
HQ: Boston, MA
Slydemoney.com
Slyde is a consumer fintech company saving users time and money on bill and subscription payments. We make it easy to track, manage, and pay recurring bills and subscriptions from a single place while helping users avoid unnecessary fees and take control of their financial lives.

About the Program: Falls Fintech is a custom, 12-week program designed to accelerate market readiness for early-stage financial technology startups. The high-intensity curriculum is delivered by a distinguished group of payments, technology, and banking professionals. In addition to a financial investment of $15,000, at the conclusion of Falls Fintech, successful companies will have completed all the necessary steps to come to market with a bank partnership and access to the payments ecosystem through Central Payments and its Open*CP platform.

About Central Payments and Central Bank of Kansas City
Central Payments is the payments subsidiary of Central Bank of Kansas City (CBKC) and is headquartered in Dell Rapids, South Dakota. Central Payments administers payment card and funds disbursement programs via retail, employer/payroll, and online outlets nationwide through Open*CP Fintech API Marketplace, one of the only true bank-as-a-service payments platforms and the technology responsible for Central Payments' rise to the fastest growing prepaid card issuer since 2015.*

CBKC is a 68-year-old family-owned bank located in the heart of Kansas City, Missouri and one of 135 financial institutions in the country certified by the U.S. Treasury as a Community Development Financial Institution. CBKC and Central Payments share the mission to provide high-quality financial products to consumers of modest means who historically have not enjoyed the benefits of affordable and accessible financial services. “Treat Each Customer's Balance as Though It's All They Have” guides our approach to product design, customer service, and affordability. Visit central-payments.com, fallsfintech.com, or centralbankkc.com for more information. Member FDIC.

  • Source: The Nilson Report, 2015 to 2019.

Media Contact

Nikkee Rhody, Falls Fintech, +1 (605)521-7080, [email protected]

Melissa Otten, Central Payments, (605)354-5451, [email protected]

Twitter

 

SOURCE Falls Fintech

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SWBC Named Best Companies to Work for in Texas

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SAN ANTONIO, Feb. 26, 2021 /PRNewswire/ — SWBC is excited to announce that it was recently named as one of the 2021 Best Companies to Work for in Texas. The awards program is a project of the Texas Association of Business (TAB), Texas Society for Human Resource Management, and Best Companies Group. This statewide survey and awards program was designed to identify, recognize, and honor the best places of employment in Texas, benefiting the state's economy, workforce, and businesses. The 2021 Best Companies to Work for in Texas list is made up of 100 companies.

With this news, and growth in a number of our divisions, SWBC is looking to fill more than 150 full- and part-time positions across the company, with the majority of the positions based in San Antonio.

Current openings include the following areas – just to name a few:
Claims  
Collections                                                                 
Customer Service  
Information Technology   
Mortgage      
PEO                                            

Benefits include:
Generous 401(k) match
Lucrative wellness programs
Excellent corporate culture and work environment
Professional development and growth opportunities
Tuition reimbursement program

Interviews for open positions will be conducted via phone or video. SWBC has put in place a number of significant measures in collaboration with medical professionals to ensure the safety of our applicants and employees during the COVID-19 pandemic, and will continue to follow the guidelines set forth by our local government and the Center for Disease Control (CDC).

We encourage individuals looking to start or grow their career to visit swbc.com/careers for a list of all available openings and to apply online.

About SWBC
As a diversified financial services company, SWBC provides financial institutions, businesses, and individuals a wide range of services, including insurance, mortgages, wealth management, employee benefits, and more. Headquartered in San Antonio, Texas, SWBC has partners and divisions across all 50 states and manages business around the world. No matter how wide its reach, SWBC always listens to its customers' needs, analyzes their current situations, and recommends customized solutions. For more information about our innovative approach to personalized service, visit SWBC's website at swbc.com.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/swbc-named-best-companies-to-work-for-in-texas-301236603.html

SOURCE SWBC

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FICO Launches Small Business Credit Score with Quod in Brazil

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SAO PAULO, Feb. 26, 2021 /PRNewswire/ — Today, FICO, a global predictive analytics and decision management software leader, and Quod, one of the largest data intelligence companies in Brazil, jointly launched a solution for credit risk assessment of small and medium-sized companies (SMEs). To perform the analysis, the Quod Score PJ PME by FICO uses innovative data sources, such as data from the Positive Credit Registry and information about the company and its partners, designed to be in full compliance with the General Data Protection Law (LGPD).

FICO_Logo

Similar to a consumer credit score, the Quod Score PJ PME by FICO converts the SME's credit profile data into a numerical score that is designed to predict the probability of future payment. Based on the characteristics of the company and its partners, it incorporates registration data and credit behavior data to refine the risk forecast – its integrated vision adds value, making analysis faster and more accurate.

The solution can be applied to SME credit products, loans, and leases across the life cycle from acquisition and account management to collections as well as cross-selling.

“As we expand into additional countries, FICO brings a depth of global analytic and scoring experience to enable faster, more precise credit decisions.  With the introduction of Quod Score PJ PME by FICO, we continue to safely expand credit access for small and medium-sized businesses in this key region,” says Alexandre Graff, vice president and general manager of FICO Latin America and the Caribbean.

“Small and medium-sized companies are of great importance for job creation and the economy's resumption. However, the credit risk assessment process of these companies can often be expensive and time-consuming, which means that many loans are denied. In this scenario, the Quod Score PJ PME by FICO acts in an agile and consistent manner, enabling creditors to expand their SME credit portfolios and control risk with confidence,” says Ricardo Thomaziello, Chief Data Officer at Quod.

The new score launch in Brazil further highlights FICO's global innovation and momentum.  FICO is now present in over 30 countries including Mexico, the Philippines, African countries, India, and additional countries around the world.

About FICO
A world leader in predictive analysis software, FICO specializes in examining data and applying technologies such as artificial intelligence, machine learning and analytics to predict consumer behavior, optimizing companies' interactions with their customers. Operating in more than 100 countries, the company has developed a cloud platform that contributes to making more than 10 billion business decisions a year and that protects 2.6 billion cards against fraud. FICO brings together more than 195 global patents on technologies that increase profitability and customer satisfaction, contributing to the growth of companies in various segments, such as finance, insurance, retail, telecommunications, among others. Founded in 1956 and headquartered in Silicon Valley, FICO opened its office in Brazil in 1998.

About Quod
Quod is one of the largest data intelligence companies in Brazil, authorized by the Central Bank to operate the Positive Data. Combining a large data set of its own, partner's data and cutting-edge technology, the company develops decision-making solutions for several purposes: customer prospecting, credit risk management, customer portfolio management, fraud prevention, compliance and collections intelligence. The company started operations in late 2018 and serves customers from all sectors of the economy, including financial institutions, insurance companies, retailers, telecommunications operators and small and medium-sized companies.

Cision View original content:http://www.prnewswire.com/news-releases/fico-launches-small-business-credit-score-with-quod-in-brazil-301236602.html

SOURCE FICO

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