Monthly Archives: July 2018

Mortgage decision-making for U.S. Bank

Posted on July 8, 2018

The fifth largest commercial bank in the US – U.S. Bank – has selected DECISION Manager from Israel’s Sapiens International to help service its mortgage customers. U.S. Bancorp has 74,000 employees and will use DECISION within its Home Mortgage group. … Continue reading →

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Mindspace expands to Romania

Posted on July 8, 2018

I reported previously (21st May) that Israeli co-working real estate company Mindspace had opened business in a sixth country (the Netherlands). It didn’t take long for Mindspace to move into a seventh country – it has just leased 3 offices … Continue reading →

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Round three of Barclays accelerator program

Posted on July 8, 2018

I reported previously (Oct 2015) about multinational bank Barclays and its financial startup accelerator. Barclays has just initiated the 3rd cycle of its RISE program, now mentoring 10 startups from Israel and overseas. https://www.timesofisrael.com/10-startups-pick-up-the-pace-in-barclays-tel-aviv-accelerator-program/

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Where submarine technology is going

Posted on July 8, 2018

I reported previously (May 2017) on Israeli startup Tevva Motors and its UK-based electric trucks that use Israeli submarine technology. Auto component giant Bharat Forge has just invested $13 million in the company, aiming to bring the concept to India. … Continue reading →

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15 Israel startups pitch to 200 UK corporates

Posted on July 8, 2018

I previewed (24th Jun) Innovate Israel 2018, hosted by UK Israel Business (UKIB) on 3rd July. The 15 Israeli startups covered the areas of artificial intelligence (AI), vison enhancement, drones, big data, cybersecurity, marketing technologies and nanosatellites. https://www.timesofisrael.com/israeli-startups-showcase-their-tech-to-uk-corporates/

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Cutting Chinese diamonds

Posted on July 8, 2018

The Shanghai Diamond Exchange has agreed with the Israel Diamond Exchange to transfer the processing of large stones to Israel. Many Chinese diamond processing companies may transfer some of their processing to Israel and some Chinese diamond cutters will relocate … Continue reading →

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Easier US-Israel travel for new business investors

Posted on July 8, 2018

The US and Israel have agreed mutual visa arrangements for potential investors to visit each other’s country. The US E-2 Investor visa and the Israeli B-5 equivalent are to be launched imminently. http://www.israelhayom.com/2018/06/19/u-s-investor-visa-for-israelis-soon-to-become-reality/

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Numbers of advanced math students double

Posted on July 8, 2018

In just three years, Israel has doubled the number of advanced math students in Israeli high schools, particularly in the periphery. There are now 18,000 students studying math at the highest level – crucial for the future of the State … Continue reading →

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Faster and faster

Posted on July 8, 2018

The InfiniBand systems from Israel’s Mellanox now support 43% of the World’s 500 fastest supercomputers including the top three.  The 216 include Astra, supporting the US Dept of Energy’s National Nuclear Security Administration (NNSA), and Summit – the fastest computer … Continue reading →

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Proving the Concept

Posted on July 8, 2018

I reported previously (Jan 2017) on Israel’s ProoV’s service that allow companies to perform Proof of Concept (PoC) testing on new technology. ProoV has now expanded its strategic partnership with Deloitte to become the testing arm of its Innovation Tech … Continue reading →

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