EDUCATION TECHNOLOGY

Mathpresso, EdTech Leader, announces 7 million active users per month in over 50 countries.

businesswire | December 16, 2020

Today, Seoul-based EdTech startup Mathpresso declared that its math-solver application, QANDA has addressed over 1.3 billion inquiries and utilized by more than 7 million month to month dynamic clients, a 370% development inside 1 year.

Created by Korea's driving EdTech startup, Mathpresso, 'QANDA' is a portable application that empowers understudies, all things considered, to get moment arrangements and 1-on-1 help from a portion of the world's top-college mentors. Clients can snap a picture of a mathematical question, transfer it to the application, and afterward QANDA's AI-based optical character acknowledgment sweep will discover and tackle it in roughly five seconds. QANDA gives both the 1-on-1 Q&A highlight (human-based) and auto-search (AI-based) include, an exceptional cross breed that takes care of any numerical statements going from conditions to mathematical inquiries.

Since its dispatch in 2016, QANDA has tackled over 1.3 billion issues put together by understudies from more than 50 nations. In excess of 5 million inquiries are posed and looked through QANDA consistently. Since the COVID-19 pandemic, the organization has seen a flood popular for the e-learning stage, with its number of inquiries tackled expanding from 500 million in April 2020 to 1.3 billion today.

Right now, QANDA is utilized by more than 66% of the whole evaluation K-12 understudy populace in Korea, the nation with one of the most elevated school enlistment rates on the planet. QANDA additionally bested the instructive graphs in six nations, including Japan, Vietnam, Indonesia, and Thailand, prevailing upon driving instructive applications including Google Classroom and Photomath.

"Our competitive edge is that we provide both the AI-driven instant search function and human-driven Q&A function through tutors, while no other educational apps incorporate both features seamlessly,” said Ray Lee, CEO at Mathpresso. "We will continue to provide the most effective education for all students around the world.”

About Mathpresso

With the mission to provide most effective education for all, Mathpresso develops the world’s leading learning platform, QANDA, a mobile app that allows students of all levels to receive instant answers and customized learning sources at zero or minimal cost. Recognized for its technological advances, Mathpresso was selected as Forbes’ 30 Under 30 Asia 2020, national representative of Google AI for Social Good APAC event in 2018, and guest speaker at AWS Public Sector Summit ASEAN in 2019. Since 2015, Mathpresso has raised $55 million from investors including Legend Capital, SoftBank Ventures Asia, and Samsung Ventures. Headquartered in Seoul, Korea, Mathpresso has offices in Tokyo, Japan and Hanoi, Vietnam.

Spotlight

Online training has gradually taken over the mantle from traditional methods of training as the preferred mode of learning. The concept of Social Learning is a part of online training, but it has yet to become a widespread phenomenon. It involves the way learners comprehend data and apply it in their jobs. Learning can practically happen through on the job or via conventional training methods. According to the 70/20/10 Model for Learning and Development, 70% of the learning is obtained from actual job exposures, 20% from interactions with others, and just 10% from conventional training.

Spotlight

Online training has gradually taken over the mantle from traditional methods of training as the preferred mode of learning. The concept of Social Learning is a part of online training, but it has yet to become a widespread phenomenon. It involves the way learners comprehend data and apply it in their jobs. Learning can practically happen through on the job or via conventional training methods. According to the 70/20/10 Model for Learning and Development, 70% of the learning is obtained from actual job exposures, 20% from interactions with others, and just 10% from conventional training.

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EDUCATION TECHNOLOGY

K2 Integrity and DIFC Academy Partner to Offer the DOLFIN eLearning Platform in the UAE

K2 Integrity | October 01, 2021

K2 Integrity and the DIFC Academy announced a partnership agreement to promote and market subscriptions to K2 Integrity's eLearning platform, DOLFIN, the premier online working environment for the financial integrity community. Designed specifically for professionals working in counter-illicit finance and financial crimes compliance, the DOLFIN platform delivers a full suite of customizable online training, testing, and certification resources and risk management tools to mitigate financial crime and sanctions risks and help institutions meet regulatory requirements. For over a decade, Dubai International Financial Centre (DIFC), the leading global financial center in the Middle East, Africa, and South Asia (MEASA) region, has delivered professional development and higher education courses to the financial services industry. The DOLFIN platform offers comprehensive resources on anti-money laundering (AML), sanctions, export controls, terrorism and proliferation financing, anti-bribery and corruption (ABC), and fraud. It also tracks illicit financing trends and regulatory developments in key jurisdictions around the world and provides users with daily content across the spectrum of financial crime topics. The partnership will further compliance training opportunities for professionals operating in the DIFC and support the Centre's vision to drive the future of finance. "Today's financial crimes compliance issues are evolving at a breathless pace, and it is more important than ever to develop the most innovative solutions—training and continued learning cannot be left behind. DOLFIN is designed and delivered by world-class financial crimes risk and compliance experts, including framers of the modern global counter-illicit financing regime," said Danny McGlynn, Senior Managing Director, K2 Integrity, and leader of the DOLFIN team. "This partnership allows us to introduce DOLFIN's unparalleled range of reference materials, tools, and analysis to the financial services industry across the MEASA region, and to provide access to reputable financial crimes compliance courses for UAE nationals, residents, and business partners. The K2 Integrity team looks forward to participating in programs throughout the UAE and the region, while introducing DOLFIN to over 3,200 companies registered in the DIFC ecosystem," McGlynn concluded. As the leading financial hub of the region, we also focus on strengthening the professional development of financial sector professionals to ensure they uphold the highest standards of integrity and governance in all their operations. In a constantly evolving industry, it is imperative that the financial professionals are up-to-speed with the new trends and challenges, especially in terms of compliance and risk issues. The partnership with K2Integrity further adds value to the DIFC Academy to bring world-class standards of AML and Compliance expertise and support the UAE's goal to build a knowledge-based economy Alya Al Zarouni, Executive Vice President of Operations and Head of DIFC Academy, DIFC Authority. About K2 Integrity K2 Integrity helps clients understand and manage risk so they can lead with confidence in a complex world—and build organizations that are safer, more transparent, and more resilient. By encouraging and enabling organizations to act with integrity, we can increase trust in institutions and promote prosperity and growth throughout the world. K2 Integrity has realized this promise in its role as the preeminent risk, compliance, investigations, and monitoring firm—built by industry leaders, driven by interdisciplinary teams, and supported by cutting-edge technology to safeguard clients' operations, reputations, and economic security. K2 Integrity represents the merger of K2 Intelligence, founded by Jeremy M. Kroll and Jules B. Kroll, the originator of the modern corporate investigations industry, and Financial Integrity Network (FIN), founded by Juan Zarate and Chip Poncy, former senior Treasury and U.S. government officials responsible for helping shape the modern AML/CFT regime. About Dubai International Financial Centre Dubai International Financial Centre (DIFC) is one of the world's most advanced financial centres, and the leading financial hub for the Middle East, Africa and South Asia (MEASA), which comprises 72 countries with an approximate population of 3 billion and a nominal GDP of USD 7.7 trillion. 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HarperCollins Leadership Launches New Professional Development eCourse Series Hosted By Dennis Miller

prnewswire | October 12, 2020

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EDUCATION TECHNOLOGY

Learning Unlocked from OpenSesame showcases unique perspectives on learning and leading

businesswire | November 10, 2020

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