main navigation
my pace

NYC

Associated Colleges
Available Graduate Degrees
Class Locations

News & Events

Sort/Filter

Filter Newsfeed

News Item

American Banker: "Small Banks Should Team Up to Fight Cyberattacks"

07/08/2014

American Banker: "Small Banks Should Team Up to Fight Cyberattacks"

"While major cybersecurity breaches like the recent attack on Target tend to grab headlines, smaller banks are actually much more vulnerable to cyberattacks than their larger peers," writes Darren R. Hayes, assistant professor and director of cybersecurity at Pace University’s Seidenberg School of Computer Science and Information Systems.  "Yet many community banks have failed to invest sufficiently in security."

Read more: http://www.americanbanker.com/bankthink/small-banks-should-team-up-to-fight-cyberattacks-1068423-1.html
 

News & Events

Sort/Filter

Filter Newsfeed

News Item

Pace University and the Association of International Bank Auditors announce new cycle of Certified Compliance and Regulatory Professional program

07/07/2014

Pace University and the Association of International Bank Auditors announce new cycle of Certified Compliance and Regulatory Professional program

New sessions to focus on corporate governance, cybercrime, risk management, pertinent regulations like Bank Secrecy Act/Anti-Money Laundering, Office of Foreign Assets Control, Foreign Corrupt Practices Act, and the evolving Dodd-Frank Act, Basel III, and Foreign Account Tax Compliance Act

New York, NY – July 7, 2014 — Today’s regulatory environment is ultra-complex and rapidly evolving. The Center for Global Governance, Reporting and Regulation at Pace University and the Association of International Bank Auditors announce a new sixth cycle of the Certified Compliance and Regulatory Professional (CCRP®) certificate program, designed to develop the critically important proficiencies essential for today’s financial services and other industry professionals.

The new cycle begins September 18, 2014, and continues to March 5, 2015. Classes will be held at Pace University’s Midtown Center in the historic Fred French Building at 551 Fifth Avenue between 45th and 46th Streets.

Recognized as the ‘standard’ for training and development courses by bank executives and regulators, the CCRP® program offers a 26-week session with intense and in-depth exposure to key aspects of governance, risk management, regulatory strategy, and relevant regulations taught by industry professionals and Pace professors. The program includes coverage of regulations in key foreign countries in a comparison with U.S. practices.

“Our CCRP® Program is designed to be unique and comprehensive, with participants from banks, brokerages, asset management and trading firms, and supporting professions including law and consulting firms,” says Robert J. Chersi, the former CFO of Fidelity Investments who was recently named Executive Director of the Center at Pace’s Lubin School of Business.

Sessions include detailed discussions of current compliance and regulatory issues, and examinations of real-life case studies. Team presentations provide experience in applying coursework to actual business problems.

The CCRP® at Pace provides growth opportunities and positions global financial services professionals as leaders in the compliance community, giving them an edge in a very competitive job market. The program has been designed with the rigorous content demanded by an academic agenda while stressing the important practical dimensions of real-world experience in the compliance field. Professors from Pace University, all with distinguished prior careers in the private sector, created the syllabus alongside veteran compliance professionals from some of the world’s leading international banks and their regulators.

Guest speakers drawn from prestigious New York law firms, Big Four Accounting firms, and the regulatory community will complement the joint Pace-AIBA team.

The Center also has expanded its other professional development offerings, including “boot camps” that can be customized to an institution’s desired location, topics, and duration, as well as on-line videos and publications that enable distance learning.

The CCRP® at Pace has been approved for Continuing Professional Education (CPE) credit by New York State.

More information about the CCRP® program is available at www.pace.edu/ccrp, and for all of the programs by contacting the Center’s Chairman Emeritus Jack James at jjames@pace.edu or Executive Director Bob Chersi at rchersi@pace.edu.

About the Lubin School of Business at Pace University: Globally recognized and prestigiously accredited, the Lubin School of Business integrates New York City’s business world into the experienced-based education of its students at Pace’s suburban and downtown campuses, implemented by the region’s largest co-op program, team-based learning, and customized career guidance. Its programs are designed to launch success-oriented graduates toward upwardly mobile careers.  www.pace.edu/lubin

About the Association of International Bank Auditors: The AIBA membership consists of internal audit, compliance and internal control professionals of nearly 100 U.S. branches and agencies of foreign banks.  The mission of the AIBA is to foster the professional standing of its members by increasing their knowledge and capacities to carry out their responsibilities with respect to international banking.

Media contact:  Bill Caldwell, Pace, 212-346-1597, wcaldwell@pace.edu

# # #

News & Events

Sort/Filter

Filter Newsfeed

News Item

The Hill's Congress Blog: "Iraq-Syria conflict: An enigma, or the dawn of a Jaziran state?"

07/07/2014

The Hill's Congress Blog: "Iraq-Syria conflict: An enigma, or the dawn of a Jaziran state?"

"As on Syria, Congress should continue with its prudent policy of not rushing into intervention nor force the hands of the president to do just that," writes Michael Izady, a professor of Middle Eastern and Western history at Pace University in New York. "The debate in Washington about U.S. policy on Iraq and Syria and the possibility of the emergence of an al-Qaeda run state in the area should be informed instead by lessons learned from our past interaction with the complex cultures of the two countries and their myriad ethnicities, priorities and collective memories."

News & Events

Sort/Filter

Filter Newsfeed

News Item

Advertising Age: "Will Brand Dollars Ever Come to App-Install Ads?"

07/07/2014

Advertising Age: "Will Brand Dollars Ever Come to App-Install Ads?"

. . . Most industry insiders agree the phenomenal growth of the app-install business will soon peter out. In their latest moves on mobile, Facebook and Twitter are grabbing land and technology in the hopes it paves the way for major brand advertisers to jump aboard the format eventually.

"I believe that we're going to see it; there's so much riding on its success," said Larry Chiagouris, marketing professor at Pace University's Lubin School of Business. "Otherwise, Twitter is going to go away."

"Even Facebook has got to be nervous about how things are unfolding," he added.

Read more: http://adage.com/article/digital/brand-dollars-booming-app-install-busin...

News & Events

Sort/Filter

Filter Newsfeed

News Item

GeriJoy and Pace University Win Pilot Health Tech NYC Award to Introduce Avatar-Based Caregivers to Mount Sinai Hospital System

07/07/2014

GeriJoy and Pace University Win Pilot Health Tech NYC Award to Introduce Avatar-Based Caregivers to Mount Sinai Hospital System

Avatar pets to provide companionship and record vital healthcare data for patients with dementia

NEW YORK – GeriJoy, a leading provider of avatar-based elder care services, and Pace University have been awarded a $100,000 grant from Pilot Health Tech NYC to introduce virtual senior care companions to Mount Sinai Queens Hospital. The interdisciplinary gerontechnology experts at Pace University will facilitate a clinical study involving up to 500 inpatients. Expected benefits of GeriJoy’s 24x7 companionship, oversight, and health coaching include reduction in duration of hospital stays for older adults with dementia or delirium, as well as reductions in readmission rates within a 30 day period for such patients.

After a highly competitive screening process, Pilot Health Tech NYC, a partnership between New York City Economic Development Corporation (NYCEDC) and Health 2.0, announced $1 million in grants to fund the adoption of innovative healthcare technologies in New York. GeriJoy and Pace University are among 11 award-winning innovator/provider pairs. GeriJoy and Pace will conduct a pilot, budgeted at close to $250,000, to introduce avatar-based care services to Mount Sinai Queens Hospital.

"We are honored to have been chosen by NYCEDC, Health 2.0, and their panel of experts for this award, and we are thankful for our continued partnership with the outstanding team at Pace University," said GeriJoy CEO Victor Wang. “The city of New York is a hotbed for healthcare information technology and entrepreneurial activity, and with the phenomenal support that we are receiving through Pilot Health Tech NYC, I know that GeriJoy will make a great impact on the healthcare and startup ecosystem in NYC."

GeriJoy provides virtual care services through the GeriJoy Companion, which appears as a lovable dog or cat in a specially configured tablet device, available to an elderly person round the clock. Through the live support of GeriJoy's remote care staff, who see and hear through the camera and microphone on the tablet, the pet talks with the older adult intelligently and compassionately about topics including family photos, news, and daily routines, providing companionship, stimulation, and family connection with no technical abilities required of the older adult.

The GeriJoy Companion reports back to caregivers to provide increased clinical insight and awareness of the patient’s condition. One of the aims of the Pilot Health Tech NYC project is to harness GeriJoy’s cost-effective, round-the-clock companionship and oversight to help mitigate danger due to delirium, the most common complication of hospitalization of older adults. Studies show that total direct healthcare costs attributable to delirium may range from $38 to $152 billion per year in the US.

“This simple to use avatar-based technology is a one-of-a-kind 24/7 companion to older adults, especially successful for dementia and delirium patients as we found in our beta pilot studies,” said Professor Jean Coppola, PhD, of Pace’s Seidenberg School of Computer Science and Information Systems. “Families showed extreme gratitude for the virtual companionship for their loved one with the tablet-based cat or dog. Live, behind-the-scenes, well-trained staff members offer families peace of mind.”

"GeriJoy has proven itself to have a major impact on quality of life for older adults," said nursing professor Sharon Wexler, PhD, RN, of the College of Health Professions at Pace. "We are very excited to bring this cutting edge technology to older adults hospitalized at Mount Sinai Queens."

During the pilot at Mount Sinai Queens, inpatients who enjoy their GeriJoy Companion during their hospital stay will have the option to take their GeriJoy Companion home, where, in addition to providing general companionship and oversight, it will serve as a health coach to prevent readmission to the hospital. Under GeriJoy’s new CORE (Clinical Observation, Reporting, and Evaluation) Program, GeriJoy Companions can be assigned to ask patients specialized questions about their daily behavior, tailored to their clinical risk factors. The CORE Program focuses on three primary risk factors for preventable hospital readmissions, which hospitals are penalized for under the Affordable Care Act: heart failure, acute myocardial infarction (heart attack), and pneumonia.

For example, propping up the legs of a congestive heart failure patient when sitting is an effective way to reduce risk for further complications, and one of the questions asked by the GeriJoy CORE Program of heart failure patients is, “Have you been propping up your legs when you sit down?” The data resulting from these friendly coaching conversations are analyzed by GeriJoy and reported to clinicians such as registered nurses or care managers, who use the insight from real-time alerts as well as weekly summaries and trends to better evaluate and mitigate risk factors for hospital readmission. PricewaterhouseCoopers reports that preventable hospital readmissions cost the U.S. health care system an estimated $25 billion annually.

 

Pace and GeriJoy were originally introduced through Pilot Health Tech NYC’s matchmaking events in 2013. Pace had already completed a pilot study investigating the therapeutic and quality of life benefits of the GeriJoy Companion for the elderly, using resources from a Verizon Foundation grant it received to support innovative technologies. The study, entitled "I Am Dougie, Your Virtual Service Dog: An Intervention to Address Loneliness in Older Adults," was conducted with home-bound seniors at Henry Street Settlement in Lower Manhattan. Findings included “improvement in speech, attitude, outlook, and behavior” of the older adults, who were originally “apprehensive,” “uncooperative,” and “belligerent.” Results were presented at the Aging in America 2014 conference and published in IEEE LISAT (Long Island Systems, Applications, and Technologies) 2014.

“Victor Wang, whose genius created the GeriJoy, has been listening to our feedback and continuously improving upon his amazingly creative and insightful technology which uses a tablet computer to connect isolated older adults with live human responders 24/7,” said nursing professor Lin Drury, PhD, RN, of Pace University’s College of Health Professions. “In our upcoming Pilot Health 2014 project the virtual service dog not only serves as a companion, but as a good natured health coach.”

About GeriJoy:

GeriJoy Inc. was founded by MIT researchers Victor Wang and Shuo Deng to improve quality of life for seniors and caregivers through friendly technology. The GeriJoy Companion, their flagship service, is a virtual, talking pet that is backed by GeriJoy’s worldwide team of 24/7 care staff. These dementia-trained remote caregivers guide the pet’s speech to provide elders with the experience of having an always-available conversational companion and friend. In addition to improving mental health for elders, the GeriJoy Companion provides peace of mind and valuable care management insight for family members and caregivers, through the web-based GeriJoy Family Portal. GeriJoy has been recognized by organizations like AARP, TEDMED, and the US Senate as a leading innovator in senior care. For more information, please visit http://GeriJoy.com.

About Pace University:

A private university, Pace has campuses in Lower Manhattan and Westchester County, N.Y., enrolling nearly 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, College of Health Professions, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. The gerontechnology research team at Pace University is led by a multidisciplinary group of professors including Sharon Wexler, PhD, RN, and Lin Drury, PhD, RN, with the College of Health Professions; and Jean Coppola, PhD, with the Seidenberg School of Computer Science and Information Systems. Together, they combine computer science and information technology with public health and geriatric nursing expertise along with students who learn through working with providers in New York City such as Mount Sinai Queens Hospital, where Wexler is also on staff. For more information, visit www.pace.edu.  

About Pilot Health Tech NYC:

A program designed to dramatically increase innovation and collaboration within New York City’s health technology sector, Pilot Health Tech NYC is a partnership between New York City Economic Development Corporation (NYCEDC) and Health 2.0 that pilots and advances new health technologies by partnering early-stage companies with key New York City healthcare service organizations and stakeholders.  The Pilot program provides a total of $1 million annually to fund at least 10 innovative pilot projects in New York City. Now in its second year, the inaugural class of 10 Pilot companies has already raised over $150 million in private investment since winning. For more information, please visit http://PilotHealthTechNYC.com

News & Events

Sort/Filter

Filter Newsfeed

News Item

E-Commerce Times: "Emotional Backlash Unlikely to Unsettle Facebook"

07/02/2014

E-Commerce Times: "Emotional Backlash Unlikely to Unsettle Facebook"

 . . . "The News Feed is an important product offering they provide people. What responsible marketer doesn't do experiments to find out what people like about their products? Most do," said Larry Chiagouris, a marketing professor at Pace University.

Read more: http://www.ecommercetimes.com/story/Emotional-Backlash-Unlikely-to-Unsettle-Facebook-80681.html#sthash.pMb8J5ca.dpuf

News & Events

Sort/Filter

Filter Newsfeed

News Item

Business Insider: "GM Recalls 28 Million Cars"

07/02/2014

Business Insider: "GM Recalls 28 Million Cars"

. . . As investigators and CEO Mary Barra delve deeper into GM's history, more and more of the company's past sins have come to light. These revelations of past missteps, along with repeated recall announcements, could severely erode both consumer and investor confidence in the company, said Professor John Alan James, Chairman Emeritus of the Center for Global Governance, Reporting, and Regulation at Pace University's Lubin School of Business.

"This isn't the last of it. Odds are there will be more recalls," James told Business Insider. "GM's management have repeatedly shown themselves to the world to be screwups. They knew about the risk for years and yet model after model, year after year, they put out the same cars with the same defective part."

Read more: http://www.businessinsider.com/gm-recall-investor-response-2014-7#ixzz36LGQ8GfW

 

News & Events

Sort/Filter

Filter Newsfeed

News Item

AllAfrica: Remembering Maya Angelou - 1928-2014

06/16/2014

AllAfrica: Remembering Maya Angelou - 1928-2014

"The outpouring of love across the country and on both sides of the ocean for poet Maya Angelou is a global expression of deep appreciation for an activist, author and world traveler, who in her lifetime, made this world a better world," writes Ellease Ebele Oseye, Professor of African Literature at Pace University. "In more than a thousand pages the writer records her amazing life in ways that bring the reader to higher ground while keeping us well grounded."

Read more: http://allafrica.com/stories/201406162089.html

News & Events

Sort/Filter

Filter Newsfeed

News Item

Crain's New York Business: "Owners get squeezed"

06/10/2014

Crain's New York Business: "Owners get squeezed"

. . . as in the nation as a whole, median household income in the New York area has declined recently. As a result, these consumers are watching their pennies—and the companies serving them are feeling it. "The middle-class income squeeze is definitely hurting small businesses," said Bruce Bachenheimer, clinical professor of management and director of the Entrepreneurship Lab at Pace University.

The situation is particularly acute in New York. "Because of the high cost of living in general in New York, you see these pressures on the middle class even more," said Mr. Bachenheimer.

Read more: http://www.crainsnewyork.com/article/20140610/SMALLBIZ/306089995/owners-get-squeezed

Pages