The digital bank ONE ZERO still does not allow anyone who wants to join it to open a bank account, but published for the first time for pre-registered registrants a peek at its app. The bank has also revealed its business model, at least when it comes to commissions charged to customers. The bank, which was founded by Prof. Amnon Shashua, promises a global fee model that will include all banking operations, but did not disclose what the rate will be that they will charge customers – and it will only be announced near the public launch.
Globes has learned that the bank intends to build several packages of subscription fees at different rates so that the customer can choose the one that suits him. For example, a customer who does not perform securities transactions will be able to choose a more limited package and thus reduce the subscription fee for himself.
According to ONE ZERO, the monthly subscription fees include personal finance managers and are also exempt from most of the fees that are regularly charged at the bank, far beyond the exemption from current fees and debit card fees. Bank guarantee, exemption from credit allocation fee, exemption from loan handling fee and a number of other fees whose costs amount to thousands of shekels per year.
On Tuesday, ONE ZERO sent to its waiting list, numbering over ONE ZERO over 75,000 people, a first look at the bank app. The application is designed to enable a continuous interface between the bank and the customer and through it the bank will offer tools and tips on how to save and manage money on a regular basis.
The bank explained this with a few examples, such as checking the customer’s desired savings targets against its predicted monthly cash flow, identifying based on historical conduct patterns that the customer is expected to enter a temporary minus in the account when a few days later, when the salary comes in. Minus, a scan of credit card activity that will indicate an increase in a fixed monthly payment as a result of the termination of a benefit and more.
Roy Weinberger
Industrial Zone
Research collaboration between Israel and the Emirates
The first genetic study of its kind, the result of a joint study by the Kahn Purple Maccabi Research and Innovation Institute (KSM) and G42 Health from the UAE, will examine the link between vitamin D deficiency, which is typical of the Middle Eastern population, and the risk of chronic diseases.
The researchers will examine strategic plans for the prevention and treatment of chronic diseases related to vitamin deficiency in two stages. First, genomic flooring will be performed on a group of patients suffering from vitamin D deficiency among the Israeli and emirate population. Next, links between genetic traits and additional morbidity will be examined.
According to Dr. Tal Fatalon, Director of the KSM Institute, “This is a strategic collaboration between the countries and the construction of a bridge for joint research and the development of the ecosystem in the field of medical innovation.” The action as part of this will form the infrastructure for a healthier future for the residents of the area. “
The study was conducted with the help of USAID’s MERC program, which funds research by researchers from Israel and Arab countries in a variety of fields.
The golden parachute
Alon Hever has been appointed Deputy CEO and CFO of the income-producing real estate company Efi Capital.
Tom Moshe has been appointed Data Products Manager at aQurate, a provider of data management solutions.
Shmulik Antebi will serve as regional vice president at VMware, which develops imaging software.
Ronit Tischler Piti, 41, will serve as VP of operations at the ISA.
Dana Ofir, 39, has been appointed director of the Southern Region of the Manufacturers Association.
Ravit Danieli, 48, has been appointed Director of Integration Solutions at Matrix Digital and Fintech.
Sivan Avihud has been appointed Global Vice President at Next Insurance.
Karin Ziegler has been appointed EMEA Sales Manager at Demostack.
Uri Bitton has been appointed director of the youth department at the Teenk advertising agency.
good news
The Pethon Lev organization inaugurated the new logistics center in Rishon Lezion, with an investment of about NIS 1.5 million. The organization notes that the move will make it possible to expand the scope of assistance to the needy sixfold.