NEW YORK, Sept. 27, 2024 /PRNewswire/ — MyExpatTaxes, the leading tax filing platform for American expats, has found that nearly 60% (58.4%) of expats would give up their right to vote in exchange for not having to file U.S. taxes while living abroad amidst the increasingly complex filing requirements imposed on them.

“We are seeing a very notable shift in the attitude of American expats,” said MyExpatTaxes CEO Nathalie Goldstein. “As tax requirements become more onerous and expensive, especially against the backdrop of historic political polarization and the perception of getting less value in return for taxes paid, we are seeing more Americans than ever questioning whether to remain U.S. citizens.”

There are now 5.9M Americans living outside the United States.

The filing requirements as an American expat have become so daunting that MyExpatTaxes’ survey found 46.7% of respondents considered actually renouncing their US citizenship due to the complexities of filing.

Many first time expats are in fact surprised to learn that even income earned from working a job located in a foreign country is still subject to U.S. tax filing requirements– and adding additional forms and documentation along the way.

The shifting attitude of American expats seems to not merely be a referendum on taxation itself, but rather a dissatisfaction with the value realized from those taxes. Just about 90% of respondents indicated that their quality of life had improved since moving abroad. Perhaps as a nod to the taxation systems in other countries such as across Europe, 88% stated that they are agreeable with paying higher taxes if it means better access to healthcare and social safety nets.

The survey, the largest of its kind ahead of the 2024 U.S. presidential election, polled 1,500 expats living in 89 different countries. The findings also illuminated the potential impact of expat voters with just over 27% of respondents admitting that they have not voted while living abroad. Of those polled, 15% hail from swing states.

As the U.S. remains one of two countries that enforce citizen-based taxation, Goldstein, an American expat herself, encourages all U.S. citizens living abroad to vote in the upcoming 2024 election. “It’s important that Americans abroad are seen as a sizable community, so that those making changes to U.S. taxation laws keep them in mind.”

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SOURCE MyExpatTaxes

Industry Luminaries Join Speaker Roster to Discuss AI Use Cases that Drive Economic Growth.

MARINA DEL REY, Calif., Sept. 27, 2024 /PRNewswire/ — Spring Labs, the intelligent AI powerhouse solution for financial services, today announced it has deepened its bench of speakers to present at the inaugural Artificial Intelligence (AI)-Native Banking and Fintech Conference, Monday, October 7, 2024, at the University of Utah in Salt Lake City, Utah—an epicenter for AI innovation.

The AI-Native Banking and Fintech Conference, which will include an address from Utah Governor Spencer J. Cox, will be co-hosted by the University of Utah, the Utah Bankers Association (UBA), the Governor’s Office of Economic Opportunity (GOEO) and American Fintech Council. In a collaborative setting, leading banks, fintechs, and AI providers will hear about the AI use cases and value-added ideas that translate into real-world applications that drive economic growth.

“When we first announced this event, we were met with a huge wave of enthusiasm from the financial service and fintech ecosystem,” says John Sun, CEO and Co-Founder of Spring Labs. “Our updated roster of speakers includes some of the most prominent names in the industry, and we’re delighted to host them as they collaborate with and inspire our audience on the practical and ethical development and applications of AI.”

“As an organization who is focused on accelerating fintech growth, it’s great to work with organizations like Spring Labs, which are committed to innovation and excellence in fintech and AI,” says Ryan Christiansen, Executive Director of the Stena Center for Financial Technology. “The conference agenda highlights the fantastic financial services ecosystem here in Utah, and we’re excited to participate.”

New speakers added to the line-up include:

Travis Hill, Vice Chairman of the Federal Deposit Insurance Corporation (FDIC)Brian Brooks, Former Comptroller of the Currency, OCCDan Pillemer, President and CEO at CardWorksKirk Cullimore, Utah State Senator, Sponsor of the AI Policy Act (SB 149)Zach Boyd, PhD, Director, Office of Artificial Intelligence Policy, State of Utah

Additionally, we will be joined by senior leaders from regulatory agencies such as the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the Federal Reserve, the Utah Department of Financial Institutions, C-Suite leaders from prominent fintech banks and fintech companies, academics studying the AI space, and top media outlets covering AI in banking and fintech.

Visit the conference website for further details on the event and/or to purchase tickets.

About Spring Labs
Spring Labs is the creator of Zanko, the intelligent AI copilot for financial institutions. Zanko streamlines customer support and compliance operations by automating tasks, enabling robust self-service options, boosting team efficiency and enhancing the customer experience. For more information, visit: https://www.springlabs.com/.

Media Contact: Kristina LeBlanc, kristina@notablypr.com

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SOURCE Spring Labs

DELRAY BEACH, Fla., Sept. 27, 2024 /PRNewswire/ — The global anti-drone market was valued at USD 2.16 billion in 2024 and is projected to reach USD 7.05 billion by 2029; it is expected to register a CAGR of 26.7% during the forecast period according to a new report by MarketsandMarkets™. Increasing government spending on counter-drone technologies, rising incidence of critical infrastructure security breaches by unauthorized drones, and surge in adoption of aerial remote sensing technologies to safeguard critical infrastructure are attributed to the demand for anti-drone.

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Browse in-depth TOC on “Anti-Drone Market” 
178 – Tables
61 – Figures
253 – Pages

Anti-Drone Market Report Scope:

By System Type: Hybrid systems to account for the larger market share in the forecasted year.

The hybrid segment accounted for the largest share of the anti-drone market in 2029. The trends of integrating multiple anti-drone technologies are rising since they are most effective in detecting, tracking, and neutralizing drone threats. These systems merge electronic, kinetic, and lasers, providing a comprehensive defense solution against UAVs. Hybrid systems use electronic, kinetic, and laser-based countermeasures to offer optimum protection against drones. These systems are designed to detect, track, identify, categorize, and mitigate drones at operational wide ranges ranging from a few km up to tens of km.

By Platform: The ground-based segment accounted for the largest market share in the forecast year.

The ground-based segment will hold a major share of the anti-drone market in 2029. Many ground-based anti-drone systems use several electronic technologies, such as radar, IR sensors, acoustic systems, and RF & GNSS jammers. MESA radar solutions are used mostly for counter-UAS purposes, protecting critical infrastructure, military camps, and other security-sensitive sites from unauthorized drones. One such solution is EchoGuard, a ground-based airspace management solution that contains a software-defined 3D radar that can be specific to the site. This system can identify single or multiple off-chance drones, including swarms in unauthorized areas. They provide accurate and sustained airspace surveillance for the field of view (FOV) they are configured, and both human and AI-monitored visual checks. The system can be easily transported and integrated directly with the command-and-control centers or another identification sensor for portable use, and multiple units of the system can be combined to cover vast areas or lengths of borders. Major providers of ground-based counter-drone systems include companies like EchoDyne Corporation, DeTect, Meteksan Defense, and WhiteFox Defense. Acoustics-based Discovair G2 utilizes patented microphone arrays. With 128 interconnected microphone elements, the Discovair sensor units can establish azimuth and elevation to the target in real-time using advanced digital signal processing.

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By Region: Americas are expected to hold the largest share of the anti-drone market during the forecast period.

Americas is expected to capture the largest share in the anti-drone industry during the forecast period. The growth can be attributed to protecting crucial infrastructure in the region. Governments, particularly in the US, invest in anti-drone systems for military bases, borders, and critical infrastructure. For Instance, in April 2023, RTX secured a USD 237 million contract from the US Army to provide Ku-band Radio Frequency Sensors (KuRFS) and Coyote effectors. These systems are designed to detect and neutralize unmanned aircraft systems (UAS). The contract includes stationary and mobile systems and a specified quantity of effectors, all aimed at enhancing the Army’s operations within the US Central Command region.

Key Players-

The key companies offering anti-drone companies include RTX (US), Lockheed Martin Corporation (US), Leonardo S.p.A. (Italy), Thales (France), and IAI (Israel).

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

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About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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