Bringing Outside Thinking into Banks & Auto Management — Ingest Citi Ventures Exec on The Future of VC and Fintech

What you should do:

Lis­ten, watch & take in what Vanes­sa Col­lela of Citi Ven­tures is say­ing:

What to look for:

Biggest chal­l­lenge to Auto Man­age­ment: Bring in out­side think­ing

Many great ideas but how to adopt, nav­i­gate, & posi­tion

Fin­tech infra­struc­ture involves cyber­se­cu­ri­ty, machine learn­ing

Block chain may be panacea for bank prob­lems & future

Entre­pre­neurs bring­ing in new ideas and solu­tions

News You Need to Know

2018 Southern California E-Commerce and Logistics Summit

Right-Now How To for Men in Automotive: Men Learn How to Be ‘Allies,’ Without Fear, to Female Colleagues

Men, Managers, & #MeToo in Automotive:

Here is an article that was published in the WSJ on April 5
Timeley input based on the @Metoo movement outside the auto sector
Automotive conferences for Women are featuring Sexual harassment & discrimination

The Significance of More #MeToo in Automotive Sector:

The content in this Journal article seeks to help men in automotive
Seeks to coach males on how to mentor, listen to, & acknowledge women
Gives men practices & new approaches to include and follow women leadership

See the entire Wall Street Journal content about how men learn how to be allies to women colleagues

Auto Industry Crisis Or Not?–57M Vehicles on the Road With Open Recalls

Why is this a potential BIG problem for OEMs & Owners:

Scary Fact: One out of every five cars that you pass are on Recall
OEMs & Dealers seem to accept this situation
Is this a crisis or an accident waiting to happen.
Carfax keeps talking about effort to get vehicle back to dealership
Busy owners with life balance issues is excuse for not responding

The Possible Implications of the Continued DisInterest by OEMs:

What about law suits over an accident with Recall vehicles
Is Industry, OEMs. & Dealers not taking action? Lawyers?
Crisis in the making? How do we wake people up?

Action: See Carfax Release and Take the List seriously at your own peril
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Industry People

Sugato ChattopadhyayDirector of ITUpdatePromise - 12/31/1969

Mr. Chattopadhyay joins the UpdatePromise team with over 25 years of Global IT experience with Companies such as HP, Apple, Cognizant and Accenture.

Chattopadhyay will leverage his knowledge and experience in areas such as artificial intelligence, blockchain and other leading-edge technologies to further the mission of UpdatePromise, which is to positively impact millions of consumers’ lives, one industry at a time.

  The addition of Chattopadhyay to the UpdatePromise team is one of several key strategic plays the company has made in recent months as it continues to execute on its Global Consumer Experience vision.

CEO and President Curtis Nixon said:

“We are excited to have Mr. Chattopadhyay join our team. His commitment to improving products, services and companies through innovative and cutting-edge technology is directly in line with our mission here at UpdatePromise.” 

  How Mr. Chattopadhyay view his new position:

“If you look at today’s world, it’s all about innovation through data—it goes into everything, whether it’s IOT or just plain internet, and it’s what you make out of the data to better serve your customers that differentiates great companies from average companies.”
“Research and development is something I love doing, and that’s one of the things that attracts me [to UpdatePromise], because there’s so much scope for innovation, which is my passion as well as the company’s, to innovate side by side with our clients and consumers.”

  Mr. Chattopadhyay will lead UpdatePromise’s upcoming launch of the next round of innovation to be released at National Automotive Dealers Association (NADA) Expo
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Weekly Industry News Poll

What Should Equifax do about the Hack of Consumer Credit Files?

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