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5 STEPS TO GET THE MOST OUT OF YOUR VIRTUAL INTERNSHIP PROGRAM

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For an employer, a virtual intern will help him cut costs more than a traditional one. This is because there won’t be a need to provide an extra office space or computer for them. It is especially useful for small companies and the fact that the present generation is getting more computer savvy these days, it appeals to the employers to just stick to remote training and evaluation. This decision may come with mixed feelings for those looking to intern who would have hoped for a more physical experience in an office environment. They also feel that being in the office could get them a more detailed evaluation and appraisal. Well, perhaps you should read through these tips which can help you get exactly what you are looking for virtually.

 

1. Create the ideal work environment at home

Part of your concerns is not being in an office environment. Well, why don’t you create one at home? It will be beneficial to replicate a typical office environment at home by looking for some quiet space and doing some rearranging and restructuring to create a different aura of being away from home. Your dressing here too matters as you would be collaborating mostly on video calls and need to be professionally dressed. Distraction at home is real and if you don’t set a serious work environment and follow it strictly, you will be lacking the basic experience that should be helping you get the most out of your virtual internship program. Creating an ideal workspace at home helps you have a feeling of being away from home. It will help you concentrate on your internship like you were actually at the office.

2. Link up frequently with your coworkers and supervisors for help

To get your work done effectively, you will have to learn as much as you can from everyone possible. During your onboarding, you can take note of the departments in which you will want to be more involved and those at the helm of affairs. You can signify your intent to the departments and have people from there mentor you directly. The office may have its own communicative app for everyone to keep in touch. Use that medium to reach out to the veterans in the company who you want to learn from. This move could get you enrolled in different projects and have aspects of them dedicated to you. You can also ask any of your colleagues for help if you have any issues with carrying out your job. For example, if you want to send a mail to someone that requires sending large files and you do not know how to go about it, you can ask anyone on the communication app for guidance.

When you regularly connect with your team, it will create a positive relationship with them and they will always be willing to help you with anything. Getting a job there in the future could also be easier.

3. All the office tools you need should be available to you

There is nothing as bad as not delivering on an assignment or getting the best from training just because you didn’t have the necessary tools. What you will be needing to effectively carry out your duties as an intern would have been revealed to you during the onboarding process. Some would be provided by your office while others, you may have to get on your own in some cases. You need to make sure you have all these equipment or items within reach since you would be by yourself and not at the office where you can easily find an alternative.

During your job as an intern, you might need different tools, among them a VPN connection to establish a secure connection between you and the internet. You can ask for help from your colleagues to know what VPN they use within the company, or together you can go through a list of best VPNs and choose the one that fits you best.

You will need a stable internet, computer system, a piece of simultaneous translation equipment (if you would be communicating with people whose first languages are different from yours), and other items recommended. When all you need to work is available to you, it gives you a mindset of being prepared to carry out all your duties without hitches. This is necessary for you to have a rewarding virtual internship.

4. Accept Criticisms

This is one difficult aspect of working in an office whether remotely or physically. It is usually difficult to accept criticisms whether as a new staff member or an intern. You need to understand that you are learning in a new environment and are bound to make mistakes. So, you don’t have to be too upset if your actions didn’t go well with your superior at work. Your progress would depend on how well you can accept things like this and use them to realign your path in the right direction. You can do a video call to know exactly how the person calling you out feels about the situation. Criticisms are part of the learning process as an intern and it is necessary to put you in check, so you don’t feel too comfortable and take things for granted.

5. Attend series of training and workshops

For you to get a hang of things in your office and be properly equipped with the know-how of the company’s business, you will need to attend a series of training and workshops. You can talk with your manager to help you select which ones will be relevant to the departments you are attached to. These training and workshops will better equip you with the tools you need and the processes required for handling your job properly. Since you are on a virtual internship, it is only certain that these training sessions would be held virtually. Your mindset towards the workshops would determine how much knowledge you get. It will be practically impossible to grasp everything from possibly an hour or more of training so it would be good to take down notes  which you can refer to at a later time. Training and workshops help you become more confident about handling your office duties. They can even help you learn email and phone etiquettes as well as how to behave yourself professionally in an office environment.

 

Final word

Having a virtual internship may not be what you had hoped for but it could be worth the while if you are able to follow these steps and any other ones your supervisor lays down for you. It is possible not to have criticisms at all but if it ever comes, make sure it doesn’t deter you. Remain focused and you would have a rewarding virtual internship.

 

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TINTRA PLC FINALISES JOINT VENTURE WITH ARTIFICIAL INTELLIGENCE PARTNER TO BUILD INDUSTRY CHANGING REGULATORY TECHNOLOGY

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TINTRA PLC FINALISES JOINT VENTURE WITH ARTIFICIAL INTELLIGENCE PARTNER

Innovative fintech company, Tintra PLC(https://tintra.com/), has formed a joint venture with award-winning Artificial Intelligence and Machine Learning business, TMC2, via its subsidiary Finsensr.

The Joint Venture will utilise or create advanced, end-to-end AI tech – some already patented – to revolutionise how compliance between developed and emerging market economies works. This exciting tech stack includes the utilisation of lightning-fast large scale predictive modelling and semantic embeddings of financial data; together with the development of scalable efficient solutions based on customised shallow classifiers, deep learning, and Bayesian inference for robust and explainable predictive modelling.

Tintra is focused on enabling financial institutions, EMI’s, multi-nationals, and large corporates in the emerging world to gain access to banking systems that understand their geographic need. Using pioneering payments technology and compliance infrastructure will evolve the global banking industry. Where other fintech’s iterate, Tintra will innovate across the space.

In forming a joint venture with TMC2 – the team behind Mashtraxx, the AI engine being used to power a multi-billion dollar US based social media platform – Tintra aims to eliminate or radically improve the well documented emerging market issues of KYC & AML. The mission is to utilise these solutions to democratise financial regulation and level the playing field for all markets and make access to the global market place as seamless in Africa or Asia as it is in Europe or the United States.

 

Gary Wright, lead for TMC2 in the transaction stated, said “We are extremely excited to enter into this long-term partnership with Tintra to support the expansion of its business through the use of our leading-edge artificial intelligence. 

Our in-house team includes PHDs in Artificial Intelligence & Machine Learning. A Senior Executive Team with experience in the financial sector across financial services, Technology, Corporate banking, Investment management, Fund Management, and transaction services. With our key personnel gaining experience in institutions including Sungard, Mann Group, Royal Bank of Scotland, M&G, Prudential, Simplex Technology amongst a host of others

We are setting out to create the next generation of intelligent automated AI RegTech that we are confident will help power another billion-dollar unicorn, like Mashtraxx before it. We hope that this will revolutionise how the financial services industry fulfils the complex demands of KYC and AML compliance and regulatory legislation”

Tintra PLC is publicly listed on the AIM market of the London Stock Exchange and also available on the OTCQB Venture Market in New York.

In early November 2021, the PLC unveiled plans to raise additional capital to accelerate its growth strategy.

 

For more about Finance Derivative.

 

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CELLPOINT DIGITAL PARTNERS WITH VYNE TO ENABLE INSTANT OPEN BANKING PAYMENTS FOR MERCHANTS

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CELLPOINT DIGITAL PARTNERS WITH VYNE TO ENABLE INSTANT OPEN BANKING PAYMENTS FOR MERCHANTS

The partnership will allow CellPoint Digital customers to incorporate Vyne into its payment ecosystem and access instant payments without a need for direct integration.

 

Payment orchestration leader CellPoint Digital today announces a partnership with full stack account-to-account (A2A) payments specialist, Vyne. This partnership allows the Vyne platform to offer instant payments to CellPoint Digital’s merchant customers, allowing users to check-out faster than ever before and reducing merchant transaction costs.

Through CellPoint Digital’s Velocity Payment Orchestration Platform, merchants can easily incorporate Vyne into their payment ecosystem, providing all the speed and convenience of instant payments without the need for a direct integration with an open banking provider. With transactions intelligently routed and monitored in real-time, merchants can analyse performance and use data to cut costs, boost acceptance rates, and simplify operations via automated reconciliation.

By partnering with Vyne, CellPoint Digital’s merchants can now access improved payment experiences too. Harnessing open banking technology, the Vyne solution allows online shoppers to check out in as few as three clicks and offers settlements within seconds.

 

CellPoint Digital CEO, Kristian Gjerding, said: “The partnership with Vyne represents a significant addition to CellPoint’s payments offering. Merchants currently using our Velocity Payment Orchestration Platform can utilise all the benefits of the Vyne platform within their payments ecosystem and this will provide merchants with a greater opportunity to grow their business.

“At CellPoint, we put much stock into our partnerships. To us, they are more than simply functional and with Vyne being fellow innovators in the payments space with a track-record of supplying top tier merchants, we look forward to developing a long-lasting, collaborative relationship.”

The Vyne solution functions by using a customer’s existing online banking app to initiate and authenticate a transfer. As a result, the customer does not need to enter their account information online and sensitive financial details are never held by the merchant, resulting in a more secure process for both parties. By enabling a payment method that can be completed in just three clicks, the platform provides a simple and seamless experience that can help to reduce cart abandonment.

 

Vyne CEO, Karl MacGregor, said: “Existing payments and banking solutions are broken, and stacked against the merchants and consumers that use them. Payment methods come with a variety of settlement formats and can take anything from days to weeks to complete with customer conversions impacted by manual card data entry.

Vyne provides a new, alternative payment method for merchants and their customers and we’re delighted that more people will benefit from it through this partnership. CellPoint merchants will now experience instant fund settlement and their customers will be able to complete payments through their own banking apps in just a few taps with no card details needed. Merchants can also engage customers at the right time, through the right channels, using pay by link or QR codes, which can be sent via email, SMS, in app or used for in person sales.

“We look forward to working closely with CellPoint and empowering merchants with a level of payments functionality that can drive real, measurable growth.”

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