KUALA LUMPUR, July 29 -- Grid resilience and renewable energy integration remain core investment areas in Asia as the region continues to increase power grid capacity to support surging energy demand, created by industrialisation and economic developments.
“Asia’s power leaders are reassessing their energy transition strategies in view of the ongoing global pandemic,” said Adrian Tan, Vice-President for Sales & Marketing for Black & Veatch, Power Business Asia.
“While decarbonisation and decentralisation expand the complexity of the grid across business models, engineering and technology, they are also presenting opportunities for the regional power sector.”
In a statement, Tan identifies the key opportunities for Asia’s power sector.
As integrated power infrastructures continue to meet Asia’s electrification demands, the opportunity is to tap into distributed generation, like microgrids and rooftop solar to achieve remote electrification and sustainability targets in archipelagic countries, like Indonesia and Philippines.
In addition, Battery Energy Storage Systems (BESS) increase grid stability, enhancing Asia’s energy security. The opportunity is to balance variable renewable energy generation with BESS and larger transmission capacities to stabilise the grid.
Asia power sector also accelerates digital transformation adoption which presents opportunities to address core challenges of grid stabilisation, peak load management, system flexibility and reliability in a holistic manner.
Based in Bangkok, the newly-appointed Tan is responsible for delivering solutions to clients across the full range of EPC services in conventional, renewable, and distributed power generation, transmission and distribution, microgrids and behind-the-metre services.
-- BERNAMA
Wednesday 29 July 2020
Tuesday 28 July 2020
Thought Machine continues international, APAC expansion with series B funding round
KUALA LUMPUR, July 28 -- Thought Machine, the cloud native core banking technology firm, with APAC headquarters in Singapore, has entered the Asia Pacific market by announcing the signing of an additional US$42 million in funding for series B round. (US$1 = RM4.245)
According to a statement, this round extension will close in early August and is led by Eurazeo Growth, with British Patient Capital and SEB also coming in as new investors.
This brings the round’s total value to US$125 million following US$83 million secured in March led by Draper Esprit and joined by Lloyds Banking Group, IQ Capital, Backed and Playfair Capital.
The company, headquartered in London and with its second largest office in Singapore, has announced this round of funding would support the transformation of the APAC retail banking market with cloud native technology, solving bank reliance on legacy IT.
Over the last months, the company has scaled up international hiring, adding 100 employees in the first two quarters of 2020 across three regions. It also expanded product compatibility to all major cloud providers and will make major client announcements in the coming months.
With this new round of financing, Thought Machine will continue to invest in growing its business at international scale – hiring key roles in APAC, US and Australia - while continuing to develop new products and features, including its upcoming advanced payments solution.
Thought Machine publicly names SEB, Lloyds Banking Group, Atom bank and Standard Chartered Bank as clients. Over the coming months, it will be naming several new leading European fintech companies as clients.
-- BERNAMA
According to a statement, this round extension will close in early August and is led by Eurazeo Growth, with British Patient Capital and SEB also coming in as new investors.
This brings the round’s total value to US$125 million following US$83 million secured in March led by Draper Esprit and joined by Lloyds Banking Group, IQ Capital, Backed and Playfair Capital.
The company, headquartered in London and with its second largest office in Singapore, has announced this round of funding would support the transformation of the APAC retail banking market with cloud native technology, solving bank reliance on legacy IT.
Over the last months, the company has scaled up international hiring, adding 100 employees in the first two quarters of 2020 across three regions. It also expanded product compatibility to all major cloud providers and will make major client announcements in the coming months.
With this new round of financing, Thought Machine will continue to invest in growing its business at international scale – hiring key roles in APAC, US and Australia - while continuing to develop new products and features, including its upcoming advanced payments solution.
Thought Machine publicly names SEB, Lloyds Banking Group, Atom bank and Standard Chartered Bank as clients. Over the coming months, it will be naming several new leading European fintech companies as clients.
-- BERNAMA
Cloudflare Workers Unbound offers flexible, secure serverless computing platform
KUALA LUMPUR, July 28 -- Cloudflare Inc has released Cloudflare Workers® Unbound, offering a serverless platform for developers with unparalleled flexibility, performance, security, ease of use and pricing.
According to a statement, the platform allows developers to run complicated computing workloads across the Cloudflare network and pay only for what they use.
In addition to being more flexible, Cloudflare Workers Unbound can save users up to 75 per cent for the same workloads running on legacy, centralised serverless platforms such as AWS Lambda.
Developers can update their code and have it live globally in 15 seconds, compared with the minutes it can take to update on other serverless platforms.
The platform also supports broad language. Developers can write code in the languages including JavaScript, C, C++, Python, Go, Rust, Scala, Kotlin and even COBOL.
Cloudflare Workers Unbound now allows the hundreds of thousands of developers using the Cloudflare Workers platform to create even more complex applications without having to worry about overly restrictive limits.
According to Cloudflare co-founder and chief executive officer Matthew Prince, Cloudflare Workers Unbound is the most compelling serverless platform available.
“I challenged our team to build a platform that didn't just compete with niche edge computing solutions, but would provide developers the fastest, most secure, most flexible, and most cost-effective general-purpose serverless offering.”
Workers Unbound is currently a private beta. Developers can sign up for details at www.cloudflare.com
-- BERNAMA
According to a statement, the platform allows developers to run complicated computing workloads across the Cloudflare network and pay only for what they use.
In addition to being more flexible, Cloudflare Workers Unbound can save users up to 75 per cent for the same workloads running on legacy, centralised serverless platforms such as AWS Lambda.
Developers can update their code and have it live globally in 15 seconds, compared with the minutes it can take to update on other serverless platforms.
The platform also supports broad language. Developers can write code in the languages including JavaScript, C, C++, Python, Go, Rust, Scala, Kotlin and even COBOL.
Cloudflare Workers Unbound now allows the hundreds of thousands of developers using the Cloudflare Workers platform to create even more complex applications without having to worry about overly restrictive limits.
According to Cloudflare co-founder and chief executive officer Matthew Prince, Cloudflare Workers Unbound is the most compelling serverless platform available.
“I challenged our team to build a platform that didn't just compete with niche edge computing solutions, but would provide developers the fastest, most secure, most flexible, and most cost-effective general-purpose serverless offering.”
Workers Unbound is currently a private beta. Developers can sign up for details at www.cloudflare.com
-- BERNAMA
Sunday 26 July 2020
BOSSA-Flywire partnership expands China's cross-border tuition payment services
KUALA LUMPUR, July 22 -- BOSSA, China’s international education industry association, and Flywire have announced a strategic partnership to expand availability of Flywire’s cross-border payment services to Chinese students travelling abroad.
The US-based high-growth vertical payments company, in a statement said, the initiative also provided a secure and trusted international tuition payment channel for education recruitment agents, schools and students.
In a separate announcement, Flywire also launched new enhancements to its digital payment platform to better serve education recruitment agents and institutions worldwide.
BOSSA (the Beijing Overseas Study Service Association) is a non-profit, government-supported organisation that supports member agents across China that recruit students for study abroad.
Flywire’s solution enables institutions to offer students a highly-tailored, convenient and secure online payment experience – customised by school, country, and currency – while also accelerating fund flow, easing reconciliation and streamlining operational expenses.
The company has a long history of working with education recruitment agents in China, which is the leading source of international students for universities worldwide.
BOSSA plays a critical role in student recruitment and service for those students and BOSSA’s 300 member agents are responsible for recruiting and advising approximately two-thirds of all Chinese students studying abroad each year.
-- BERNAMA
The US-based high-growth vertical payments company, in a statement said, the initiative also provided a secure and trusted international tuition payment channel for education recruitment agents, schools and students.
In a separate announcement, Flywire also launched new enhancements to its digital payment platform to better serve education recruitment agents and institutions worldwide.
BOSSA (the Beijing Overseas Study Service Association) is a non-profit, government-supported organisation that supports member agents across China that recruit students for study abroad.
Flywire’s solution enables institutions to offer students a highly-tailored, convenient and secure online payment experience – customised by school, country, and currency – while also accelerating fund flow, easing reconciliation and streamlining operational expenses.
The company has a long history of working with education recruitment agents in China, which is the leading source of international students for universities worldwide.
BOSSA plays a critical role in student recruitment and service for those students and BOSSA’s 300 member agents are responsible for recruiting and advising approximately two-thirds of all Chinese students studying abroad each year.
-- BERNAMA
Guotai Junan International’s BBB+ long-term issuer rating reaffirmed
KUALA LUMPUR, July 24 -- Guotai Junan International Holdings Limited (Guotai Junan International, the Company) has announced that Standard & Poor’s (S&P) updated its credit rating report on the parent group Guotai Junan Securities and its subsidiary Guotai Junan International recently.
According to a statement, global credit rating agency, S&P has reaffirmed Guotai Junan International’s BBB+ long term and A-2 short-term issuer ratings with a stable outlook.
Early this year, Moody’s Investor Service also reaffirmed Guotai Junan International’s Baa2 long term issuer rating.
Currently, the Company enjoys an industry-leading credit rating level among Chinese securities companies in Hong Kong.
In the report, S&P states Guotai Junan International is a core subsidiary of the parent group Guotai Junan Securities and makes contribution to the parent to a relatively great extent. S&P equalised their ratings on Guotai Junan International with that on the parent.
It is also stated that the Company could benefit indirectly from potential extraordinary support from Shanghai government through the parent.
As the core international platform within the parent group, Guotai Junan International played an important role in sponsoring the parent’s Hong Kong IPO.
As at 2019-end, the parent group Guotai Junan Securities maintained its ownership of the Company at 68.48 per cent. It is expected that Guotai Junan International’s contribution to the parent will keep going up in the next one to two years.
More details at http://www.gtjai.com.
-- BERNAMA
According to a statement, global credit rating agency, S&P has reaffirmed Guotai Junan International’s BBB+ long term and A-2 short-term issuer ratings with a stable outlook.
Early this year, Moody’s Investor Service also reaffirmed Guotai Junan International’s Baa2 long term issuer rating.
Currently, the Company enjoys an industry-leading credit rating level among Chinese securities companies in Hong Kong.
In the report, S&P states Guotai Junan International is a core subsidiary of the parent group Guotai Junan Securities and makes contribution to the parent to a relatively great extent. S&P equalised their ratings on Guotai Junan International with that on the parent.
It is also stated that the Company could benefit indirectly from potential extraordinary support from Shanghai government through the parent.
As the core international platform within the parent group, Guotai Junan International played an important role in sponsoring the parent’s Hong Kong IPO.
As at 2019-end, the parent group Guotai Junan Securities maintained its ownership of the Company at 68.48 per cent. It is expected that Guotai Junan International’s contribution to the parent will keep going up in the next one to two years.
More details at http://www.gtjai.com.
-- BERNAMA
Friday 24 July 2020
BigSpring welcomes Chief Technology Officer Arun Nagarajan
KUALA LUMPUR, July 24 -- BigSpring, a mobile learning and productivity platform provider has welcomed Arun Nagarajan as Chief Technology Officer, responsible for building and managing the company’s engineering and product teams.
“We are a platform committed to catering to every worker and all enterprises, small and large. Arun’s vast experience in building a marketplace around SMBs and gig workers at Uber Eats, as well as enterprise solutions like Google Apps, will be instrumental in executing on BigSpring’s vision,” said BigSpring chief executive officer and founder, Bhakti Vithalani.
Mobile-first, BigSpring is capable of reaching workers, wherever and whoever they are, enabling learners to create cloud-based skill portfolios to showcase proficiency, engage in learning communities comprising peers and coaches, and measure employability in real-time.
With BigSpring, employers are able to measure ROI from learning. Research and Markets forecasts the online education market as US$350 billion by 2025—now, potentially even larger as a result of COVID-19. (US$1 = RM4.255)
BigSpring’s differentiated approach has resonated with leading clients such as Google, Uber, United Technologies, Tata Steel and others, according to a statement.
Nagarajan joins BigSpring from Uber, where, as an Engineering Director, he led engineering teams for five years and was part of the leadership team that built and scaled Uber Eats. He served as Engineering Site Lead for Uber’s New York Engineering centre.
-- BERNAMA
“We are a platform committed to catering to every worker and all enterprises, small and large. Arun’s vast experience in building a marketplace around SMBs and gig workers at Uber Eats, as well as enterprise solutions like Google Apps, will be instrumental in executing on BigSpring’s vision,” said BigSpring chief executive officer and founder, Bhakti Vithalani.
Mobile-first, BigSpring is capable of reaching workers, wherever and whoever they are, enabling learners to create cloud-based skill portfolios to showcase proficiency, engage in learning communities comprising peers and coaches, and measure employability in real-time.
With BigSpring, employers are able to measure ROI from learning. Research and Markets forecasts the online education market as US$350 billion by 2025—now, potentially even larger as a result of COVID-19. (US$1 = RM4.255)
BigSpring’s differentiated approach has resonated with leading clients such as Google, Uber, United Technologies, Tata Steel and others, according to a statement.
Nagarajan joins BigSpring from Uber, where, as an Engineering Director, he led engineering teams for five years and was part of the leadership team that built and scaled Uber Eats. He served as Engineering Site Lead for Uber’s New York Engineering centre.
-- BERNAMA
Wednesday 22 July 2020
FLYWIRE HELPS EDUCATION AGENTS AND INSTITUTIONS STREAMLINE INTERNATIONAL TUITION PAYMENTS
Agent platform enhancements provide real-time visibility and elevate service levels agents can offer to students and their families
BOSTON, July 22 (Bernama-GLOBE NEWSWIRE) -- Flywire, a high-growth vertical payments company, today announced new enhancements to its digital payment platform to better serve education recruitment agents and institutions worldwide. As part of its comprehensive receivables solution, the platform enhancements will help agents better manage student information and streamline payment tracking while also enabling education institutions to optimize agent relationships and minimize potential fraud.
In a related announcement, the company also reported a new strategic partnership with BOSSA (the Beijing Overseas Study Service Association), a non-profit, government-supported organization that supports member agents across China that recruit students for study abroad.
Flywire is the payment provider of choice for students and education institutions around the world. Its solution enables institutions to offer students a highly-tailored, convenient and secure online payment experience – customized by school, country, and currency – while also accelerating funds flow, easing reconciliation and streamlining operational expenses. The solution also enables institutions to create custom payment plans to provide students and families with greater flexibility.
The company already partners with hundreds of certified education agents that work on behalf of institutions to recruit international students including ACIC, AUG Study, Global Education Alliance, Global Reach, iae Global, IDP Education and KC Overseas Education.
Flywire’s enhanced agent platform connects agents, students and schools to simplify the payment process and provide real-time visibility. New enhancements include a customizable dashboard providing agents with the ability to directly send payment reminders to students. It also provides real-time visibility into the status of all student payment requests; status of all payments made to institutions including payment methods; and easy, secure access to all student payment details including refunds and download receipts. These capabilities offer important benefits for both agents and schools.
For agents, the platform:
BOSTON, July 22 (Bernama-GLOBE NEWSWIRE) -- Flywire, a high-growth vertical payments company, today announced new enhancements to its digital payment platform to better serve education recruitment agents and institutions worldwide. As part of its comprehensive receivables solution, the platform enhancements will help agents better manage student information and streamline payment tracking while also enabling education institutions to optimize agent relationships and minimize potential fraud.
In a related announcement, the company also reported a new strategic partnership with BOSSA (the Beijing Overseas Study Service Association), a non-profit, government-supported organization that supports member agents across China that recruit students for study abroad.
Flywire is the payment provider of choice for students and education institutions around the world. Its solution enables institutions to offer students a highly-tailored, convenient and secure online payment experience – customized by school, country, and currency – while also accelerating funds flow, easing reconciliation and streamlining operational expenses. The solution also enables institutions to create custom payment plans to provide students and families with greater flexibility.
The company already partners with hundreds of certified education agents that work on behalf of institutions to recruit international students including ACIC, AUG Study, Global Education Alliance, Global Reach, iae Global, IDP Education and KC Overseas Education.
Flywire’s enhanced agent platform connects agents, students and schools to simplify the payment process and provide real-time visibility. New enhancements include a customizable dashboard providing agents with the ability to directly send payment reminders to students. It also provides real-time visibility into the status of all student payment requests; status of all payments made to institutions including payment methods; and easy, secure access to all student payment details including refunds and download receipts. These capabilities offer important benefits for both agents and schools.
For agents, the platform:
- centralizes student information in one place to easily store, manage, import and export data
- provides access to fair-market foreign exchange rates to protect students from unnecessary costs
- delivers payments securely to education institution accounts
- enables easy delivery of payment notifications to one or multiple students
- tracks payments in real time to provide transparency
- provides split payment functionality (one transaction, multi-payouts)
For education institutions, the platform:
- enables receipt of payments in full and reduces unidentified and short-balance transactions
- automates the reconciliation process to save time
- secures account data to prevent vendors from acting as agents without authorization
- tracks payments in real time to provide transparency
- centralizes all relevant agent and student information in one place to streamline operations
“Flywire has set the gold standard for cross-border payments in the international education space,” said Mark Lukas, founder and managing director of iae Global. “Their ability to connect schools, agents and students throughout the entire payment process enables a trusted and seamless experience for all involved. As a result, we’re able to create stronger relationships between the students and the schools we represent.”
"Education agents play a very important role in the relationship between institutions and their international students,” said Sharon Butler, EVP of Education, Flywire. “Their ability to represent education institutions locally can make a big difference in how a school is viewed by prospective students. By enhancing our agent platform, we are helping to not only streamline the international student recruitment process, but also optimize the way agents engage with both students and schools worldwide.”
About Flywire
Flywire is a high-growth vertical payments company trusted by organizations around the world to deliver on their customers’ most important moments. Unlike other companies, Flywire is proven to solve vertical-specific payment and receivables problems for organizations that deliver high-value services. Whether in education, healthcare, travel or technology, Flywire has vertical-specific insight and technology that allows organizations to optimize the payment experience for their customers while eliminating operational challenges. To date Flywire has processed over $16 billion in total payments volume for over 2,000 clients around the world. The company is headquartered in Boston, MA, USA and has offices around the world. For more information, visit www.flywire.com. Follow Flywire on Twitter, LinkedIn and Facebook.
Media Contacts:
for Flywire US
Tim Walsh
timw@walshgroupmarketing.com
+1 617.512.1641
for Flywire UK
CC Group
flywire@ccgroup.com
SOURCE : Flywire Corporation
"Education agents play a very important role in the relationship between institutions and their international students,” said Sharon Butler, EVP of Education, Flywire. “Their ability to represent education institutions locally can make a big difference in how a school is viewed by prospective students. By enhancing our agent platform, we are helping to not only streamline the international student recruitment process, but also optimize the way agents engage with both students and schools worldwide.”
About Flywire
Flywire is a high-growth vertical payments company trusted by organizations around the world to deliver on their customers’ most important moments. Unlike other companies, Flywire is proven to solve vertical-specific payment and receivables problems for organizations that deliver high-value services. Whether in education, healthcare, travel or technology, Flywire has vertical-specific insight and technology that allows organizations to optimize the payment experience for their customers while eliminating operational challenges. To date Flywire has processed over $16 billion in total payments volume for over 2,000 clients around the world. The company is headquartered in Boston, MA, USA and has offices around the world. For more information, visit www.flywire.com. Follow Flywire on Twitter, LinkedIn and Facebook.
Media Contacts:
for Flywire US
Tim Walsh
timw@walshgroupmarketing.com
+1 617.512.1641
for Flywire UK
CC Group
flywire@ccgroup.com
SOURCE : Flywire Corporation
Grand Seiko Studio Shizukuishi opens doors, presents mechanical watches
KUALA LUMPUR, July 22 -- Seiko Watch Corporation opened a new chapter in the 60-year history of the Grand Seiko brand with the inauguration of an entirely new studio, dedicated for Grand Seiko's mechanical watch production.
The studio was declared open on July 20, in a ceremony that took place simultaneously at the Wako building, a retail establishment of Seiko Holdings Corporation in Tokyo and at the studio in Shizukuishi, Iwate Prefecture.
In Tokyo, Seiko Watch Corporation Chairman and CEO, Shinji Hattori was joined by the studio's architect, Kengo Kuma, while in Shizukuishi, the Governor of Iwate Prefecture, Takuya Tasso, participated alongside the studio's directors.
Hattori said: “The studio provides the ideal environment for our craftsmen and women to bring Grand Seiko's mechanical watches to life and for the next generation of watchmakers to be trained and their skills developed.”
Explaining his design, Kuma said: “Grand Seiko's view of the importance of nature is reflected in every corner of its design and construction. I greatly enjoyed the challenge of making the clean room, where watches of the highest precision are assembled, from wood.”
The studio also incorporates an exhibition space where visitors can immerse themselves in Grand Seiko's history and explore the manufacturing characteristics of Grand Seiko's mechanical watches.
Events will be held at which visitors can try their hand at assembling a mechanical watch in a dedicated space known as the Studio Seminar Room.
In addition, a Grand Seiko watch made exclusively for, and at the studio, will be presented and available for purchase. It is a limited-edition Hi-beat 36000.
More details at https://www.grand-seiko.com/global-en/special/studio-shizukuishi/
-- BERNAMA
The studio was declared open on July 20, in a ceremony that took place simultaneously at the Wako building, a retail establishment of Seiko Holdings Corporation in Tokyo and at the studio in Shizukuishi, Iwate Prefecture.
In Tokyo, Seiko Watch Corporation Chairman and CEO, Shinji Hattori was joined by the studio's architect, Kengo Kuma, while in Shizukuishi, the Governor of Iwate Prefecture, Takuya Tasso, participated alongside the studio's directors.
Hattori said: “The studio provides the ideal environment for our craftsmen and women to bring Grand Seiko's mechanical watches to life and for the next generation of watchmakers to be trained and their skills developed.”
Explaining his design, Kuma said: “Grand Seiko's view of the importance of nature is reflected in every corner of its design and construction. I greatly enjoyed the challenge of making the clean room, where watches of the highest precision are assembled, from wood.”
The studio also incorporates an exhibition space where visitors can immerse themselves in Grand Seiko's history and explore the manufacturing characteristics of Grand Seiko's mechanical watches.
Events will be held at which visitors can try their hand at assembling a mechanical watch in a dedicated space known as the Studio Seminar Room.
In addition, a Grand Seiko watch made exclusively for, and at the studio, will be presented and available for purchase. It is a limited-edition Hi-beat 36000.
More details at https://www.grand-seiko.com/global-en/special/studio-shizukuishi/
-- BERNAMA
Monday 20 July 2020
Guotai Junan International bags 3 Bloomberg Businessweek awards
KUALA LUMPUR, July 20 -- Guotai Junan International Holdings Limited (GTJAI or Group) has won three ‘Excellence Awards’ (Ranked 1st) from ‘Financial Institution Awards 2020’ held by the Bloomberg Businessweek, in aspects of FICC services, Initial Public Offerings (IPO) Sponsorship and Risk Management.
This is GTJAI’s 4th consecutive year receiving several awards, according to a statement.
The Group has always been growing with corporates and financial institution clients and offering quality investment banking services and solutions. Its solid risk management has won recognitions among the industry.
Being one of the Group’s rapidly developing businesses, the FICC division’s bond underwriting business began in 2012.
With the team's accurate control of the bond market trends, highly efficient execution capabilities, prudent selection of projects and diversified distribution channels, the Group’s fixed income business gains a high reputation in the industry and among market participants.
Last year, the Group’s corporate finance team secured its presence in major sectors including energy, real estate, property management and finance and completed eight IPO sponsorship projects.
This month, the Group successfully assisted Financial Street Property Co Limited in its listing on the Mainboard of the Stock Exchange of Hong Kong, playing major roles including sole sponsor, sole global coordinator, joint bookrunner and joint lead manager.
In 2016, the Group introduced the development philosophy of ‘Risk Management Creates Value’ ahead of its Hong Kong peers, advocating earning growth indicators including risk-adjusted return on capital.
More details at http://www.gtjai.com.
-- BERNAMA
This is GTJAI’s 4th consecutive year receiving several awards, according to a statement.
The Group has always been growing with corporates and financial institution clients and offering quality investment banking services and solutions. Its solid risk management has won recognitions among the industry.
Being one of the Group’s rapidly developing businesses, the FICC division’s bond underwriting business began in 2012.
With the team's accurate control of the bond market trends, highly efficient execution capabilities, prudent selection of projects and diversified distribution channels, the Group’s fixed income business gains a high reputation in the industry and among market participants.
Last year, the Group’s corporate finance team secured its presence in major sectors including energy, real estate, property management and finance and completed eight IPO sponsorship projects.
This month, the Group successfully assisted Financial Street Property Co Limited in its listing on the Mainboard of the Stock Exchange of Hong Kong, playing major roles including sole sponsor, sole global coordinator, joint bookrunner and joint lead manager.
In 2016, the Group introduced the development philosophy of ‘Risk Management Creates Value’ ahead of its Hong Kong peers, advocating earning growth indicators including risk-adjusted return on capital.
More details at http://www.gtjai.com.
-- BERNAMA
Apifiny appoints Thomas Trepanier as Director of Business Development, Roxe
KUALA LUMPUR, July 17 -- Apifiny, a global liquidity and financial value transfer network has appointed Thomas Trepanier as Director of Business Development, Roxe to lead the growth of Roxe™ global settlement and liquidity solutions for banks, central banks and digital asset exchanges.
Trepanier brings over 20 years of experience in financial services and fintech, serving banks, central banks, stock exchanges, central securities depositories and asset managers, according to a statement.
Apifiny Chief Business Officer, Josh Li said Trepanier’s success in both traditional and digital finance was a powerful combination that would bring tremendous value to the bank and central bank partners and help execute the company’s vision to accelerate the financial value transfer, anytime, anywhere.
His experience includes key business development and sales roles with Global Accelerated Ventures (GAV), Society for Worldwide Interbank Financial Telecommunications (SWIFT) and Omgeo (a DTCC company), among others.
At GAV, Trepanier led customers’ onboarding of innovative methodologies and technologies. He was also the head of payments and securities market infrastructure strategy at SWIFT.
Prior to SWIFT, Trepanier was director of Americas relationship management and Latin America sales at Omgeo. He led sales executives and relationship managers in the US and Canada, and successfully launched Omgeo’s presence in Latin America.
More details at https://www.apifiny.com/
-- BERNAMA
Trepanier brings over 20 years of experience in financial services and fintech, serving banks, central banks, stock exchanges, central securities depositories and asset managers, according to a statement.
Apifiny Chief Business Officer, Josh Li said Trepanier’s success in both traditional and digital finance was a powerful combination that would bring tremendous value to the bank and central bank partners and help execute the company’s vision to accelerate the financial value transfer, anytime, anywhere.
His experience includes key business development and sales roles with Global Accelerated Ventures (GAV), Society for Worldwide Interbank Financial Telecommunications (SWIFT) and Omgeo (a DTCC company), among others.
At GAV, Trepanier led customers’ onboarding of innovative methodologies and technologies. He was also the head of payments and securities market infrastructure strategy at SWIFT.
Prior to SWIFT, Trepanier was director of Americas relationship management and Latin America sales at Omgeo. He led sales executives and relationship managers in the US and Canada, and successfully launched Omgeo’s presence in Latin America.
More details at https://www.apifiny.com/
-- BERNAMA
Friday 17 July 2020
HKSTP'S INAUGURAL GLOBAL MATCHING 2020 SHOWS SOLID INVESTOR AND CORPORATE CONFIDENCE IN CITY'S I&T BACKED BY STRONG REGISTRATION
HONG KONG, July 17 (Bernama-BUSINESS WIRE) -- Hong Kong Science and Technology Parks Corporation (HKSTP) launched the inaugural Global Matching 2020. The six-day business-and-investment matching programme has attracted more than 180 pre-registered world-class corporates and regional investors with an array of local and overseas technology ventures looking to grow their business.
Under the theme of “One Stop to a World of Innovations”, the virtual programme is gathering 160 startups and technology ventures from 29 economies, including Mainland China, Singapore, the US, and Brazil. From July 16 to 23, these companies will be attending more than 220 one-on-one matching meetings pre-scheduled by the corporates and the investors who are searching for innovation and opportunities, as well as solutions that will address problems in eight industry verticals. The industry verticals are Consumer and Retail, Education, Logistics and Manufacturing, Travel and Hospitality, Finance and Insurance, Healthcare, Real Estate and Construction, and Smart City and Government.
Albert Wong, CEO, HKSTP, said: “HKSTP is thrilled to see the broad level of support and bold intent of different parties to fast-track innovation with the goal of realising local and global business opportunities at Global Matching 2020. This event demonstrates our successful efforts to ramp up innovation and investment, as well as Hong Kong’s resilience, strengths, diversity and scale of tech venture opportunities in light of market challenges.
Innovation and technology (I&T) is an important growth engine for the city’s future economic development. As Hong Kong’s flagship incubation and R&D centre, HKSTP is at the forefront of driving the development of I&T and working in step with our innovators, investors and corporate partners. We look forward to seeing the collaboration and the co-creation that will propel Hong Kong to become an international I&T hub.”
With support from InvestHK, HKSTP Startups Alumni Association, and Hong Kong Business Angel Network, along with EventXtra, Global Matching 2020 provides opportunities for the corporates to seek disruptive solutions; the investors to discover new avenues of opportunities; and the technology ventures to seek funding and partnership. Also, the highlight of the programme includes online plenary sharing on global innovations by industry leaders and investors on day one (July 16) and a two-minute sales pitch by the technology ventures who introduce their innovative solutions addressing the industry challenges.
Key facts for Global Matching 2020:
Under the theme of “One Stop to a World of Innovations”, the virtual programme is gathering 160 startups and technology ventures from 29 economies, including Mainland China, Singapore, the US, and Brazil. From July 16 to 23, these companies will be attending more than 220 one-on-one matching meetings pre-scheduled by the corporates and the investors who are searching for innovation and opportunities, as well as solutions that will address problems in eight industry verticals. The industry verticals are Consumer and Retail, Education, Logistics and Manufacturing, Travel and Hospitality, Finance and Insurance, Healthcare, Real Estate and Construction, and Smart City and Government.
Albert Wong, CEO, HKSTP, said: “HKSTP is thrilled to see the broad level of support and bold intent of different parties to fast-track innovation with the goal of realising local and global business opportunities at Global Matching 2020. This event demonstrates our successful efforts to ramp up innovation and investment, as well as Hong Kong’s resilience, strengths, diversity and scale of tech venture opportunities in light of market challenges.
Innovation and technology (I&T) is an important growth engine for the city’s future economic development. As Hong Kong’s flagship incubation and R&D centre, HKSTP is at the forefront of driving the development of I&T and working in step with our innovators, investors and corporate partners. We look forward to seeing the collaboration and the co-creation that will propel Hong Kong to become an international I&T hub.”
With support from InvestHK, HKSTP Startups Alumni Association, and Hong Kong Business Angel Network, along with EventXtra, Global Matching 2020 provides opportunities for the corporates to seek disruptive solutions; the investors to discover new avenues of opportunities; and the technology ventures to seek funding and partnership. Also, the highlight of the programme includes online plenary sharing on global innovations by industry leaders and investors on day one (July 16) and a two-minute sales pitch by the technology ventures who introduce their innovative solutions addressing the industry challenges.
Key facts for Global Matching 2020:
- 220+ One-on-one business and investment matching meetings
- 160 Local and overseas technology ventures
- 120+ World-class industry corporates
- 60+ Regional investors
- 100+ Pitching presentations by technology ventures
- 24x7 Innovation channel showcasing innovation
Registration for the plenary sharing by industry leaders and investors is open to members of the public.
About Hong Kong Science and Technology Parks Corporation
Comprising Science Park, InnoCentre and Industrial Estates, Hong Kong Science & Technology Parks Corporation (HKSTP) is a statutory body dedicated to building a vibrant innovation and technology ecosystem to connect stakeholders, nurture technology talents, facilitate collaboration, and catalyze innovations to deliver social and economic benefits to Hong Kong and the region.
Established in May 2001, HKSTP has been driving the development of Hong Kong into a regional hub for innovation and growth in several focused clusters including Electronics, Information & Communications Technology, Green Technology, Biomedical Technology, Materials and Precision Engineering. We enable science and technology companies to nurture ideas, innovate and grow, supported by our R&D facilities, infrastructure, and market-led laboratories and technical centres with professional support services. We also offer value added services and comprehensive incubation programmes for technology start-ups to accelerate their growth.
Technology businesses benefit from our specialised services and infrastructure at Science Park for applied research and product development; enterprises can find creative design support at InnoCentre; while skill-intensive businesses are served by our three industrial estates at Tai Po, Tseung Kwan O and Yuen Long. More information about HKSTP is available at www.hkstp.org.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200717005135/en/
Contact
Media:
Hong Kong Science and Technology Parks Corporation
Helen Yu
Tel: +852 2629 7904
Email: helen.yu@hkstp.org
Edelman
Janice Wong
Tel: +852 2837 4775
Email: Janice.Wong@edelman.com/
Edelmanhkstppr@edelman.com
Source : Hong Kong Science and Technology Parks Corporation
About Hong Kong Science and Technology Parks Corporation
Comprising Science Park, InnoCentre and Industrial Estates, Hong Kong Science & Technology Parks Corporation (HKSTP) is a statutory body dedicated to building a vibrant innovation and technology ecosystem to connect stakeholders, nurture technology talents, facilitate collaboration, and catalyze innovations to deliver social and economic benefits to Hong Kong and the region.
Established in May 2001, HKSTP has been driving the development of Hong Kong into a regional hub for innovation and growth in several focused clusters including Electronics, Information & Communications Technology, Green Technology, Biomedical Technology, Materials and Precision Engineering. We enable science and technology companies to nurture ideas, innovate and grow, supported by our R&D facilities, infrastructure, and market-led laboratories and technical centres with professional support services. We also offer value added services and comprehensive incubation programmes for technology start-ups to accelerate their growth.
Technology businesses benefit from our specialised services and infrastructure at Science Park for applied research and product development; enterprises can find creative design support at InnoCentre; while skill-intensive businesses are served by our three industrial estates at Tai Po, Tseung Kwan O and Yuen Long. More information about HKSTP is available at www.hkstp.org.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200717005135/en/
Contact
Media:
Hong Kong Science and Technology Parks Corporation
Helen Yu
Tel: +852 2629 7904
Email: helen.yu@hkstp.org
Edelman
Janice Wong
Tel: +852 2837 4775
Email: Janice.Wong@edelman.com/
Edelmanhkstppr@edelman.com
Source : Hong Kong Science and Technology Parks Corporation
Thursday 16 July 2020
China health authority approves LintonPharm evaluating catumaxomab in advanced gastric cancer
KUALA LUMPUR, July 16 -- The China National Medical Products Administration recently authorised LintonPharm Co Ltd to proceed with a Phase III trial for catumaxomab in patients with peritoneal carcinomatosis.
According to a statement, peritoneal carcinomatosis is a form of advanced gastric cancer that has spread to the tissue that lines the abdominal cavity.
The two-stage, multi-centre, open-label, randomised, controlled registrational clinical trial will evaluate the safety and efficacy of an intraperitoneal infusion of the bi-specific antibody catumaxomab into the abdominal cavity.
In addition, LintonPharm recently received Clinical Trial Application authorisation for the same indication from the Taiwan Ministry of Health and Welfare and the Korea Ministry of Food and Drug Safety.
“Gastric cancer is the sixth most common cancer globally. Approximately, 70 per cent of patients are located in China and the majority of these patients are diagnosed with late stage disease,” said LintonPharm co-founder and Chief Scientific Officer, Dr Horst Lindhofer.
“Given this high unmet need, we are hopeful that catumaxomab will offer a new treatment option to gastric patients.”
Based in China, LintonPharm is a clinical-stage, research-oriented biopharmaceutical company, developing innovative T cell engaging bispecific antibodies with the goal of turning malignant cancers into manageable and possibly, curable diseases.
-- BERNAMA
According to a statement, peritoneal carcinomatosis is a form of advanced gastric cancer that has spread to the tissue that lines the abdominal cavity.
The two-stage, multi-centre, open-label, randomised, controlled registrational clinical trial will evaluate the safety and efficacy of an intraperitoneal infusion of the bi-specific antibody catumaxomab into the abdominal cavity.
In addition, LintonPharm recently received Clinical Trial Application authorisation for the same indication from the Taiwan Ministry of Health and Welfare and the Korea Ministry of Food and Drug Safety.
“Gastric cancer is the sixth most common cancer globally. Approximately, 70 per cent of patients are located in China and the majority of these patients are diagnosed with late stage disease,” said LintonPharm co-founder and Chief Scientific Officer, Dr Horst Lindhofer.
“Given this high unmet need, we are hopeful that catumaxomab will offer a new treatment option to gastric patients.”
Based in China, LintonPharm is a clinical-stage, research-oriented biopharmaceutical company, developing innovative T cell engaging bispecific antibodies with the goal of turning malignant cancers into manageable and possibly, curable diseases.
-- BERNAMA
Nippon Express (Australia) relocates, expands Melbourne facility
KUALA LUMPUR, July 15 -- Nippon Express (Australia) Pty Ltd (NE Australia), a local subsidiary of Nippon Express Co Ltd has relocated and expanded one of its facilities in Melbourne, Victoria, relaunching operations at the new location recently.
Situated in southeastern Australia, the State of Victoria has a robust manufacturing and IT/software industrial base, and it drives Australian industry in life science sectors such as pharmaceuticals and biotechnology.
Major Japanese automobile manufacturers have opted to set up operations in the state capital of Melbourne, which has consequently attracted numerous associated suppliers, according to a statement.
The Melbourne Logistics Centre consolidates two pre-existing warehouse locations into one, giving the new facility about 1.5 times more total warehouse/office space.
In addition to being close to the city of Melbourne, the Centre is about 20 minutes from Melbourne International Airport and 15 minutes from Melbourne Port, making it an excellent location for handling air and ocean cargo transport.
NE Australia's primary targets in opening this Centre are after-sales automotive parts and electrical device companies, and it is committed to strengthening its logistics functions, and provide customers with optimal transport services.
More details at http://www.nipponexpress.com/
-- BERNAMA
Situated in southeastern Australia, the State of Victoria has a robust manufacturing and IT/software industrial base, and it drives Australian industry in life science sectors such as pharmaceuticals and biotechnology.
Major Japanese automobile manufacturers have opted to set up operations in the state capital of Melbourne, which has consequently attracted numerous associated suppliers, according to a statement.
The Melbourne Logistics Centre consolidates two pre-existing warehouse locations into one, giving the new facility about 1.5 times more total warehouse/office space.
In addition to being close to the city of Melbourne, the Centre is about 20 minutes from Melbourne International Airport and 15 minutes from Melbourne Port, making it an excellent location for handling air and ocean cargo transport.
NE Australia's primary targets in opening this Centre are after-sales automotive parts and electrical device companies, and it is committed to strengthening its logistics functions, and provide customers with optimal transport services.
More details at http://www.nipponexpress.com/
-- BERNAMA
Wednesday 15 July 2020
Seabras Group subsidiaries emerge from Chapter 11
KUALA LUMPUR, July 13 -- The US Bankruptcy Court for the Southern District of New York, in a recent hearing, has confirmed the joint Plan of Reorganization (the Plan) of Seabras 1 USA LLC and Seabras 1 Bermuda Ltd (the Companies).
Based on a statement, on July 7, the Companies consummated their financial restructuring process and emerged from Chapter 11.
Under the terms of the approved Plan and attendant restructuring, the total outstanding debt of the Companies has been reduced and the debt maturity, extended by approximately six years to September 2028.
The debt amortisation has been re-shaped, and the debt covenants have been revised, all in a way that provides a solid basis for the continued growth of the business going forward.
Seabras Group LLC and investment vehicles advised by Partners Group redeemed and acquired all of the Class A Units of Seabras Group LLC previously held by a subsidiary of SNH Networks LLC (SNH).
This resulted in 100 per cent equity ownership of Seabras Group LLC and its subsidiaries, including the Companies, (the Seabras Group) now being held by entities managed by Partners Group on behalf of its clients.
Coincident with the consolidation and Chapter 11 emergence, Larry Schwartz, Seaborn former Chief Executive Officer (CEO), and Roger Kuebel, Seaborn former CFO have left Seaborn and the Seabras Group.
Pete Hayes and Don Shassian, Partners Group-appointed Board members, will serve as Interim CEO and Interim CFO, respectively, of the Seabras Group, while Andy Bax will remain as Seaborn Chief Operating Officer.
-- BERNAMA
Based on a statement, on July 7, the Companies consummated their financial restructuring process and emerged from Chapter 11.
Under the terms of the approved Plan and attendant restructuring, the total outstanding debt of the Companies has been reduced and the debt maturity, extended by approximately six years to September 2028.
The debt amortisation has been re-shaped, and the debt covenants have been revised, all in a way that provides a solid basis for the continued growth of the business going forward.
Seabras Group LLC and investment vehicles advised by Partners Group redeemed and acquired all of the Class A Units of Seabras Group LLC previously held by a subsidiary of SNH Networks LLC (SNH).
This resulted in 100 per cent equity ownership of Seabras Group LLC and its subsidiaries, including the Companies, (the Seabras Group) now being held by entities managed by Partners Group on behalf of its clients.
Coincident with the consolidation and Chapter 11 emergence, Larry Schwartz, Seaborn former Chief Executive Officer (CEO), and Roger Kuebel, Seaborn former CFO have left Seaborn and the Seabras Group.
Pete Hayes and Don Shassian, Partners Group-appointed Board members, will serve as Interim CEO and Interim CFO, respectively, of the Seabras Group, while Andy Bax will remain as Seaborn Chief Operating Officer.
-- BERNAMA
Mary Kay celebrates 10-year anniversary of Women's Empowerment Principles
KUALA LUMPUR, July 15 -- Mary Kay has celebrated the 10-year anniversary of Women’s Empowerment Principles (WEPs) with continued commitment to women’s leadership and inclusion.
As global workplaces gradually re-open amidst COVID-19 concerns, the fight for women’s empowerment in the public and private sectors must continue.
“I challenge our peers in business to make a public pledge to become gender equal. How? By hiring, developing, and promoting women and by encouraging female leadership throughout their organisations,” said Mary Kay Inc Chief Operating Officer, Deborah Gibbins, in a statement.
“As the world gradually rebuilds and recovers from the impact of COVID-19, back to business should, more than ever, mean inclusive business.”
Meanwhile, UN Women Executive Director Phumzile Mlambo-Ngcuka congratulated Mary Kay for taking the first step in their WEPs journey.
“We consider Mary Kay a key partner in closing the gender gaps in the workplace, marketplace and community, and in advancing the Sustainable Development Goals,” she added.
As of June this year, the female percentage for global workforce and leadership at Mary Kay comprises employees (61 per cent); exec team (50 per cent); vice-presidents and above (52 per cent); directors and above (59 per cent); managers and above (58 per cent); market leaders (64 per cent); and, top 10 markets (60 per cent).
-- BERNAMA
As global workplaces gradually re-open amidst COVID-19 concerns, the fight for women’s empowerment in the public and private sectors must continue.
“I challenge our peers in business to make a public pledge to become gender equal. How? By hiring, developing, and promoting women and by encouraging female leadership throughout their organisations,” said Mary Kay Inc Chief Operating Officer, Deborah Gibbins, in a statement.
“As the world gradually rebuilds and recovers from the impact of COVID-19, back to business should, more than ever, mean inclusive business.”
Meanwhile, UN Women Executive Director Phumzile Mlambo-Ngcuka congratulated Mary Kay for taking the first step in their WEPs journey.
“We consider Mary Kay a key partner in closing the gender gaps in the workplace, marketplace and community, and in advancing the Sustainable Development Goals,” she added.
As of June this year, the female percentage for global workforce and leadership at Mary Kay comprises employees (61 per cent); exec team (50 per cent); vice-presidents and above (52 per cent); directors and above (59 per cent); managers and above (58 per cent); market leaders (64 per cent); and, top 10 markets (60 per cent).
-- BERNAMA
Tuesday 7 July 2020
EMQ-AMK partnership to boost cross-border money transfers across Asia
KUALA LUMPUR, July 7 -- EMQ, a global financial settlement network and AMK, Cambodia-based microfinance services provider have partnered to facilitate cross-border money transfers across Southeast Asia.
This partnership enables AMK to integrate with EMQ’s extensive global network for secure, compliant and cost-effective cross-border solutions, making financial services more accessible and inclusive for their customers and families across the region.
“By connecting AMK directly to our global network, we are offering our customers the best possible choices and flexibility to send money home effortlessly within minutes,” said EMQ co-founder and chief executive officer, Max Liu in a statement.
“We are excited to partner with AMK to make a positive impact in Cambodia and beyond.”
Powered by EMQ’s global financial settlement network and AMK’s capabilities, customers in Cambodia can seamlessly transfer money, in real-time and enjoy full range of payout options.
These include instant cash pick-up, bank deposits to the partnered banks, deposit into a mobile wallet, or home delivery of cash to support their families back home across Southeast Asia.
This will create a more inclusive economy for a region, where only 27 per cent of the population have access to financial services.
-- BERNAMA
This partnership enables AMK to integrate with EMQ’s extensive global network for secure, compliant and cost-effective cross-border solutions, making financial services more accessible and inclusive for their customers and families across the region.
“By connecting AMK directly to our global network, we are offering our customers the best possible choices and flexibility to send money home effortlessly within minutes,” said EMQ co-founder and chief executive officer, Max Liu in a statement.
“We are excited to partner with AMK to make a positive impact in Cambodia and beyond.”
Powered by EMQ’s global financial settlement network and AMK’s capabilities, customers in Cambodia can seamlessly transfer money, in real-time and enjoy full range of payout options.
These include instant cash pick-up, bank deposits to the partnered banks, deposit into a mobile wallet, or home delivery of cash to support their families back home across Southeast Asia.
This will create a more inclusive economy for a region, where only 27 per cent of the population have access to financial services.
-- BERNAMA
Friday 3 July 2020
VistaJet expands onboard medical, safety support for global customers
KUALA LUMPUR, July 3 -- Global business aviation company, VistaJet has worked with RDT, a Philips company, and MedAire, to be the first charter operator to embed Tempus IC2 monitors within its entire Global fleet, granting access to leading medical support anytime, anywhere.
According to a statement, Tempus IC2 is a vital signs monitor with integrated telemedicine, designed for use in remote medical emergencies by non-medical experts.
Having RDT’s Tempus IC2 monitors on VistaJet Global flights provides reassurance and assistance for aircraft passengers and crew.
The monitor allows VistaJet crew to measure and transmit vital clinical data and images, alongside real-time voice and video, securely and directly to MedAire’s ground-based medical team 24/7, anytime, anywhere.
Via VistaJet’s secure onboard connection, Tempus IC2 expedites time to care for passengers experiencing medical issues during flight, allowing crew to easily capture important diagnostic information and transmit it to MedAire’s medical advisory service, MedLink, for expert advice and assistance.
The direct link to MedAire health experts along with the vital signs data can additionally contribute to the reduction of the personal risks which are often associated with misdiagnosis, avoiding unnecessary and costly medical evacuations or diversions.
All aviation companies have a duty to passengers to provide comprehensive medical back-up and VistaJet’s adoption of the latest medical teleconsultation services will secure a more convenient and timely care, minimising disruption to travel plans.
-- BERNAMA
According to a statement, Tempus IC2 is a vital signs monitor with integrated telemedicine, designed for use in remote medical emergencies by non-medical experts.
Having RDT’s Tempus IC2 monitors on VistaJet Global flights provides reassurance and assistance for aircraft passengers and crew.
The monitor allows VistaJet crew to measure and transmit vital clinical data and images, alongside real-time voice and video, securely and directly to MedAire’s ground-based medical team 24/7, anytime, anywhere.
Via VistaJet’s secure onboard connection, Tempus IC2 expedites time to care for passengers experiencing medical issues during flight, allowing crew to easily capture important diagnostic information and transmit it to MedAire’s medical advisory service, MedLink, for expert advice and assistance.
The direct link to MedAire health experts along with the vital signs data can additionally contribute to the reduction of the personal risks which are often associated with misdiagnosis, avoiding unnecessary and costly medical evacuations or diversions.
All aviation companies have a duty to passengers to provide comprehensive medical back-up and VistaJet’s adoption of the latest medical teleconsultation services will secure a more convenient and timely care, minimising disruption to travel plans.
-- BERNAMA
Jumio penetrates France's identity verification market via new portfolio, appointment
KUALA LUMPUR, July 2 -- Jumio recently announced the launch of a French solutions portfolio and appointment of Frederic Ly as first sales leader for the region.
According to a statement by the leading provider of AI-powered end-to-end identity verification and authentication solutions, the expansion comes at a time when COVID-19 is expediting digital transformation efforts globally.
The new portfolio helps organisations fight fraud, maintain compliance and onboard customers faster, to quickly and reliably verify a user’s online identity and definitively answer if they are who they claim to be.
On the other hand, Ly, who will be based in Paris, will spearhead the company’s regional expansion and build on Jumio’s long-standing commitment to serve financial service organisations, telcos and the sharing economy.
This is by establishing a French regional sales centre to strategically serve those sectors and deliver localised solutions to French-speaking markets.
With a background in artificial intelligence and technology sales, Ly will focus on expanding the company’s client base, growing relationships with existing clients and cultivating a sustainable network of channel and technology partners.
Based on Le Conseil National du Numérique’s report, while the French Government aims to fully digitise all of its administrative processes by 2022, it is essential to build secure digital identity processes and facilitate people's access to digital services.
Jumio’s answer is a biometric solution where face is password and online identity verification is as easy as a selfie.
-- BERNAMA
According to a statement by the leading provider of AI-powered end-to-end identity verification and authentication solutions, the expansion comes at a time when COVID-19 is expediting digital transformation efforts globally.
The new portfolio helps organisations fight fraud, maintain compliance and onboard customers faster, to quickly and reliably verify a user’s online identity and definitively answer if they are who they claim to be.
On the other hand, Ly, who will be based in Paris, will spearhead the company’s regional expansion and build on Jumio’s long-standing commitment to serve financial service organisations, telcos and the sharing economy.
This is by establishing a French regional sales centre to strategically serve those sectors and deliver localised solutions to French-speaking markets.
With a background in artificial intelligence and technology sales, Ly will focus on expanding the company’s client base, growing relationships with existing clients and cultivating a sustainable network of channel and technology partners.
Based on Le Conseil National du Numérique’s report, while the French Government aims to fully digitise all of its administrative processes by 2022, it is essential to build secure digital identity processes and facilitate people's access to digital services.
Jumio’s answer is a biometric solution where face is password and online identity verification is as easy as a selfie.
-- BERNAMA
Wednesday 1 July 2020
[INVNT GROUP]™ launches in APAC to help brands drive deeper audience connections
KUALA LUMPUR, July 1 -- [INVNT GROUP], THE GLOBAL BRANDSTORY PROJECT™ has been launched, a portfolio of disciplines that serves clients at every and any stage of the storytelling cycle to help brands drive deeper audience connections.
Its offering enables organisations to weave a consistent, meaningful, well-articulated BrandStory through every interaction with their audiences, irrespective of platform, according to a statement.
The portfolio, poised to expand ongoing, comprises FOLK HERO, a modern brand strategy firm; HEVĒ, a branded content and digital marketing studio; INVNT, the global live brand storytelling agency™; and, MEANING, a creative-led culture consultancy.
Available globally, it is headed by Laura Roberts locally. She has been named [INVNT GROUP] Managing Director in APAC and remains Managing Director of INVNT APAC.
In these dual roles, Roberts will continue to oversee INVNT’s rapidly growing expansion in the region, ensuring clients receive the high-quality live brand storytelling counsel and expertise INVNT is known for.
The launch also sees an additional two senior appointments in the region. INVNT's Executive Creative Director, Adam Harriden has been named Executive Creative Director for [INVNT GROUP] APAC, and Fiona Pullen is stepping up from Executive Producer to Director of Production, INVNT APAC.
More details at www.invntgroup.com/
-- BERNAMA
Its offering enables organisations to weave a consistent, meaningful, well-articulated BrandStory through every interaction with their audiences, irrespective of platform, according to a statement.
The portfolio, poised to expand ongoing, comprises FOLK HERO, a modern brand strategy firm; HEVĒ, a branded content and digital marketing studio; INVNT, the global live brand storytelling agency™; and, MEANING, a creative-led culture consultancy.
Available globally, it is headed by Laura Roberts locally. She has been named [INVNT GROUP] Managing Director in APAC and remains Managing Director of INVNT APAC.
In these dual roles, Roberts will continue to oversee INVNT’s rapidly growing expansion in the region, ensuring clients receive the high-quality live brand storytelling counsel and expertise INVNT is known for.
The launch also sees an additional two senior appointments in the region. INVNT's Executive Creative Director, Adam Harriden has been named Executive Creative Director for [INVNT GROUP] APAC, and Fiona Pullen is stepping up from Executive Producer to Director of Production, INVNT APAC.
More details at www.invntgroup.com/
-- BERNAMA
HAIER STARS AS IOT ECOSYSTEM BRAND AMONG BRANDZ TOP 100 MOST VALUABLE GLOBAL BRANDS 2020
(Graphic: Business Wire)
LONDON, July 1 (Bernama-BUSINESS WIRE) -- China’s home appliance giant Haier has ranked in the list of the BrandZ Top 100 Most Valuable Global Brands 2020 as the only IoT (Internet of Things) ecosystem brand on June 30.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200630005460/en/
Unveiled by the world’s largest communications services group WPP and its consulting company Kantar, the BrandZ ranking is the only one that incorporates consumer insights, making it a barometer in the global brand landscape.
This year, Haier’s global ranking in the BrandZ Top 100 Most Valuable Global Brands 2020 rose to 68th from the 89th last year, with its brand value increasing from 16.3 billion U.S. dollars in 2019 to 18.7 billion U.S. dollars in 2020.
Kantar has created the category of IoT ecosystem brand since 2019, and granted it to Haier for the second time this year, showing its continuous recognition on Haier’s leading place in the IoT sector.
Haier has demonstrated the charm and value of an IoT ecosystem brand through its outstanding response to global challenges, including the COVID-19 pandemic.
In 2019, Haier Smart Home, a smart home ecological brand of Haier Group, managed to achieve growth in revenue and net profit despite the overall decline in the global household appliance industry. Among them, its ecosystem revenue reached 4.8 billion yuan, up 68 percent year on year.
Haier Biomedical, a pioneer in applying chilled storage technology to biosafety and IoT, reached a growth of 32.74 percent in revenue in the first quarter of 2020, and a 92.6 percent year-on-year increase in overseas income.
Meanwhile, Haier’s COSMOPlat, a standard-setter in the global mass customization space, has delivered enormous value in fighting against the COVID-19 pandemic, facilitating the resumption of work and production, and accelerating business transformation of SMEs.
Haier attributes its robust development as an ecosystem brand to a concept called “Rendanheyi Model” which was conceived by its founder Zhang Ruimin, encouraging each employee to maximize personal value by creating maximum value for customers.
As a use-scenario brand, Haier is committed to providing users with enabling solutions for their pursuit of a better life. And as an ecosystem brand, Haier is engaged to empower other industries and businesses to build an evolving ecosystem.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200630005460/en/
Contacts
http://www.haier.net/cn/
Liu Xiaoyi
+86 532-88936865
liuxiaoy@haier.com
Source: Haier
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