Friday 29 July 2022

HPTN STUDY: SUSTAINED EFFICACY OF LONG-ACTING CABOTEGRAVIR FOR PREP AMONG CISGENDER WOMEN



KUALA LUMPUR, July 29 (Bernama) -- New findings from the HPTN 084 long-acting cabotegravir (CAB) for pre-exposure prophylaxis (PrEP) study has revealed that reductions in Human Immunodeficiency Virus (HIV) incidence were sustained in the 12 months following trial unblinding (Nov 5, 2020 through Nov 5, 2021).

Researchers from the HIV Prevention Trials Network (HPTN) presented the updated results of the study at the AIDS 2022 conference in Montreal, Canada, HPTN said in a statement.

“These results are encouraging as CAB efficacy was sustained during the 12 months following unblinding, confirming a high level of protection against HIV acquisition among study participants assigned female at birth,” said Dr. Sinead Delany-Moretlwe, HPTN 084 protocol chair, director of research at Wits RHI, and research professor at the University of the Witwatersrand in Johannesburg, South Africa.

HPTN 084 is an ongoing Phase 3 randomised, controlled trial that previously demonstrated the superiority of ViiV Healthcare’s CAB compared to daily oral tenofovir/emtricitabine (TDF/FTC) for HIV prevention in individuals assigned female at birth.

HPTN 084 enrolled 3,223 cisgender women at research sites in Botswana, Eswatini, Kenya, Malawi, South Africa, Uganda, and Zimbabwe.

Meanwhile, Dr Myron Cohen, HPTN co-principal investigator, and director of the Institute for Global Health at the University of North Carolina in Chapel Hill, said: “HIV infection continues to threaten the health of women worldwide.

“Empowering women with safe and effective PrEP options is critical to reducing HIV as a global health threat.”

HPTN is a worldwide collaborative clinical trials network that brings together investigators, ethicists, community members, and other partners to develop and test the safety and efficacy of interventions designed to prevent the acquisition and transmission of HIV.

-- BERNAMA

Thursday 28 July 2022

Prestige Biopharma partners Intas Pharmaceuticals to commercialise bevacizumab biosimilar

KUALA LUMPUR, July 27 (Bernama) -- Prestige Biopharma Limited (Prestige) and Intas Pharmaceuticals Limited (Intas) have entered into a binding agreement for the exclusive partnership and supply for the commercialisation of Prestige Biopharma’s bevacizumab biosimilar.

This is for commercialisation in the US, Europe, Canada, MENA, Brazil, Mexico, South Africa, Thailand, Vietnam, Philippines, Malaysia, Singapore, Indonesia, Kyrgyzstan and Tajikistan, according to a statement.

The partnership arrangement includes the exclusive rights for Intas and its affiliate Accord Healthcare that will commercialise the bevacizumab biosimilar in these countries.

This collaboration represents the successful execution of the company’s strategy to expand its market reach in Europe and Canada leveraging Accord’s strong global footprint and deep commercial expertise. 

Prestige Biopharma’s chief executive officer Lisa S. Park said: “We are delighted to establish a partnership with Intas for the key markets, the US and Europe.

“Accord is the ideal partner to commercialise our bevacizumab biosimilar in these territories. With this collaboration, we look forward to further strengthening the value of our biosimilar programmes in global markets.”

Prestige’s bevacizumab (HD204) is a mAb biosimilar to Roche’s Avastin®, an inhibitor of vascular endothelial growth factor (VEGF), which is used in combination with other therapies to treat patients with multiple forms of cancer.

Prestige’s HD204 with excellent cost competitiveness based on the company’s proprietary bevacizumab production technology will be providing affordable access to more patients in need.

More details at www.prestigebiopharma.com.

-- BERNAMA


NIPPON EXPRESS (CHINA) STARTS CONSOLIDATED TRANSPORT SERVICE USING RORO VESSEL



KUALA LUMPUR, July 28 (Bernama) -- Nippon Express (China) Co Ltd (NX China) launched its own consolidated transport service between Qingdao, China and Osaka, Japan in June 2022, using a scheduled roll-on/roll-off (RORO) vessel known for its speed and punctuality.

Providing customers with better transport options, NX China has developed its own consolidated transport service offering speed and punctuality via a scheduled RORO vessel operated by China’s Dongchen Line Co Ltd (DCL), to connect Qingdao and Osaka in three days.

The lead time is comparable to that of air transport while being much less expensive. This service is available not only for container cargo but for special-sized and long-length bulk cargo as well, according to a statement.

The NX Group will continue meeting the diversifying logistics needs of its customers with the aim of “creating new ideas and value that expand the field of logistics” as stated in its corporate philosophy.

NX China is a group company of Nippon Express Holdings Inc.

-- BERNAMA

Wednesday 27 July 2022

BUDDHIST LEADER URGES STATES' COMMITMENT IN ADVANCE OF NPT MEETING

KUALA LUMPUR, July 27 (Bernama) -- On July 26, ahead of the Tenth NPT (Treaty on the Non-Proliferation of Nuclear Weapons) Review Conference that will open on Aug 1, Soka Gakkai International (SGI) President Daisaku Ikeda has called on the five nuclear-weapon states to declare that they will never be the first to use nuclear weapons in a conflict: the principle of “No First Use”.

Ikeda urges the five nuclear-weapon states under the NPT to give substance to a joint statement made by their leaders on Jan 3, 2022, that "a nuclear war cannot be won and must never be fought”, by declaring policies of No First Use.

According to a statement, he has proposed three points included in the Final Document of the Review Conference.

The point include that the five nuclear-weapon states pledge to continue to abide by their January Joint Statement, immediately pursuing measures to reduce the risks posed by nuclear weapons in accord with their Article VI nuclear disarmament commitments.

Ikeda, a passionate campaigner for nuclear abolition for over 60 years, also argues that commitment to No First Use would also free resources to protect people from shared threats such as the COVID-19 pandemic and climate change.

During the NPT Review Conference on Aug 4, the SGI will hold a side event promoting No First Use together with other like-minded organisations.

-- BERNAMA

JUMIO RECORDS HIGHEST EVER SALES QUARTER




KUALA LUMPUR, July 27 (Bernama) -- Jumio, the leading provider of orchestrated end-to-end identity proofing, eletronic Know-Your-Customer (e-KYC) and anti-money laundering solutions, has achieved its highest ever sales quarter in its history.

According to its statement, the achievement was driven by the ongoing need for modern enterprises across all industries and geographies to know and trust their online users, from onboarding to ongoing monitoring.

The success correlates with the company’s global research, which found that 80 per cent of consumers prefer identity verification measures when choosing online brands and that financial services (75 per cent) and healthcare (57 per cent) are the most important industries for online identity verification.

It said the Jumio KYX Platform makes it easy to establish the identity and risk profile of new users, authenticate and monitor existing users, and detect suspicious transactions to meet increasingly complex compliance mandates.

“As customer’s choice and satisfaction increasingly rely on an organisation’s ability to protect the customer’s identity and data, leading enterprises are entrusting Jumio with the protection of their digital ecosystems more than ever.

“Our relentless focus on innovation enables our customers and partners to deliver an intuitive and cutting-edge online experience to their end users,” said Jumio chief executive officer, Robert Prigge.

Other notable achievements in the second quarter include key executive hires, such as the appointment of Susan Walker as chief financial officer in May and Stuart Wells as chief technology officer in April

The company also unveiled its new Innovation Lab in San Diego in April.

Based in Palo Alto, California, Jumio operates globally with offices in North America, Latin America, Europe, Asia Pacific and the Middle East.

-- BERNAMA

KEPLER GROUP APPOINTS RUCHI PRASAD AS CHIEF LEGAL COUNSEL



KUALA LUMPUR, July 27 (Bernama) -- Kepler Group, a global digital marketing services pioneer, has hired Ruchi Prasad as general counsel to bolster its corporate development and sales partner solutions efforts.

This strategic hire positions Kepler to help clients navigate increasingly complex privacy and regulatory requirements, and to meet increased demand for first-party data solutions, the group said in a statement.

“As we continue to invest in our international expansion and burgeoning partner relationships, Ruchi is exactly the right person to strategically inform these opportunities,” said Kepler’s recently-promoted global chief executive officer, Joshua Lerman.

Ruchi will lead legal affairs for both Kepler, the group’s media activation and marketing strategy arm, and Napkyn, its recently acquired full-stack Google marketing platform sales partner business.

“I am thrilled to join Kepler Group and help catalyse this next stage of growth.

“Kepler and Napkyn leadership teams have built a robust foundation and, as the company continues to innovate and evolve, I look forward to using my experience in global expansion, legal operations, regulatory matters, and data privacy,” she said.

Ruchi brings over 12 years of legal experience in global, high-tech markets, most recently as general counsel for the Americas at Media.Monks and global general counsel for MightyHive.

In addition to responsibility for all aspects of Kepler and Napkyn’s global legal affairs, she will act as an advisor to the firm’s executive leadership on strategic growth initiatives.

-- BERNAMA

Monday 25 July 2022

JUNIPER RESEARCH: DIGITAL DOMESTIC MONEY TRANSFER TRANSACTION VOLUME TO SURPASS 300 BILLION GLOBALLY BY 2026

 

Superapps Accelerating Digital Domestic Money Transfer Growth


BASINGSTOKE, England, July 25 (Bernama-BUSINESS WIRE) -- A new study from Juniper Research has found the volume of digital domestic money transfer payments will exceed 300 billion globally for the first time in 2026, from 207 billion in 2022; representing growth of nearly 50%.
  • Key Drivers: Superapps, where multiple services including payment and financial transaction processing are available in one app, are driving digitisation of previously cash-based payments, by including messaging and access to other services alongside payments.
China, US and India to Account for 74% of Global Transactions by 2026

The research predicts the top three countries will account for just under 74% of global digital domestic money transfer transactions in 2026, identifying the top three markets for usage as:
  1. China
  2. US
  3. India
The appeal of social payments, where payments are integrated into social platforms, has driven transactions in these three countries. WeChat Pay in China and Venmo in the US were cited by the research as examples of how social payments are driving domestic money transfer. The report recommends money transfer vendors identify the most popular social platforms in each country and aim to create partnerships that enable social payments.

Research co-author Damla Sat explained: “Money transfer vendors should focus on highest growth markets to secure the best return on investment, with Latin America and West Europe identified as having the strongest forecast growth rates.”

Differentiation Challenging in a Highly Competitive Market

The research identified differentiation as a key challenge for money transfer apps, particularly given the highly competitive market landscape. The report identified the superapp approach, where a marketplace of different services is offered in-app, as key to creating money transfer apps that offer greater value for users. Therefore, it recommends vendors onboard other financial service providers and eCommerce merchants, to boost the unique user value their apps represent.

Digital Money Transfer & Remittances market research: https://www.juniperresearch.com/researchstore/fintech-payments/digital-money-transfer-research-report

Download the whitepaper: https://www.juniperresearch.com/whitepapers/three-key-trends-transforming-digital-money

Juniper Research provides research and analytical services to the global hi-tech communications sector; providing consultancy, analyst reports, and industry commentary.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220724005003/en/

Contact

Sam Smith, Press Relations
T: +44(0)1256 830002
E: sam.smith@juniperresearch.com

Source : Juniper Research

Thursday 21 July 2022

YOHJI YAMAMOTO INC. LAUNCHES NEW CONCEPTUAL PROJECT "WILDSIDE YOHJI YAMAMOTO" GLOBALLY ON JULY 20

TOKYO, July 21 (Bernama) -- YOHJI YAMAMOTO Inc. launched a conceptual project, "WILDSIDE YOHJI YAMAMOTO," on Wednesday, July 20, 2022 on the online platform. WILDSIDE YOHJI YAMAMOTO, with its concept color as black -- the symbol of YOHJI YAMAMOTO, launched the collaboration in a wide range of genres, not only fashion, but also art, interior design, and lifestyle.

Logo: https://kyodonewsprwire.jp/prwfile/release/M107269/202207193946/_prw_PI2fl_WLqc2EOC.png

Image: https://kyodonewsprwire.jp/prwfile/release/M107269/202207193946/_prw_PI5fl_z8w27854.jpg

WILDSIDE YOHJI YAMAMOTO: https://wildside-online.com

Special items are launched for collaboration with such Japanese brands as "NEEDLES," "NOMA t.d.," "HYSTERIC GLAMOUR," "AMBUSH," and "MINEDENIM."

An original brand by YOHJI YAMAMOTO Inc., WILDSIDE YOHJI YAMAMOTO is also launched at the same time. With military, work, and sports as keywords, elements extracted from the essence of YOHJI YAMAMOTO are re-constructed with a casual taste. This is a unisex collection that has been updated with modern customization and functionality.

Photos: https://kyodonewsprwire.jp/release/202207193946?p=images

Collection: https://www.yohjiyamamoto.co.jp/collection/wildside-yohji-yamamoto/wildside-yohji-yamamoto-launch-collection/

In terms of art proposals, WILDSIDE YOHJI YAMAMOTO collaborates with galleries and artists who have a close affinity with YOHJI YAMAMOTO Inc. AKIO NAGASAWA Gallery presents photographs of Tadao Ando's architecture taken by photographer TAKAY. Taka Ishii Gallery presents "Tights," a representative work by photographer Daido Moriyama, and drawings by painter Tomoo Gokita. Also, a special one-of-a-kind painting by contemporary artist Takeru Amano for WILDSIDE YOHJI YAMAMOTO will be available soon.

In addition to "Fashion" and "Art," the online platform also features a third category, "Content," which includes interviews and dialogue articles with the collaborating brands. YOHJI YAMAMOTO Inc. will be releasing content from time to time that will help people enjoy the new WILDSIDE YOHJI YAMAMOTO project even more.

WILDSIDE YOHJI YAMAMOTO plans to open a flagship store in Japan in the fall of 2022 in pursuit of omni-channel operations.

WILDSIDE YOHJI YAMAMOTO
Launch: Wednesday July 20, 2022
Website: https://wildside-online.com

Instagram: @wildsideyohjiyamamotojp
https://www.instagram.com/wildsideyohjiyamamotojp/

Twitter: @wildsideyohjijp
https://twitter.com/WildsideYohjiJp

Source: YOHJI YAMAMOTO Inc.

--BERNAMA

ALVAREZ & MARSAL OPENS NEW OFFICE IN MALAYSIA



KUALA LUMPUR, July 21 (Bernama) -- Leading global professional services firm Alvarez & Marsal (A&M) has opened a new office in Malaysia and appointed Corporate Performance Improvement (CPI) managing director Tze Yann (Z) Tan as country leader.

According to a statement, the office extends the firm’s geographic footprint by leveraging its newly launched Southeast Asia and Australia (SEAA) business unit and fusing the firm’s strategic growth plans with its regional commitment.

Managing director and head of Alvarez & Marsal’s Emerging Markets practice, Luis De Lucio, said: “The Malaysia office opening represents the next phase of our Asia-Pacific (APAC) growth strategy.

“By aligning our operations in Singapore, Indonesia and Australia, we are furthering our ability to maximise value and drive change for clients as we lay the groundwork for a future office in Vietnam.”

In his new role, Tan will lead a team of about 20 A&M Malaysia professionals. He brings 20 years of experience in end-to-end operations performance improvement and supply chain management gained in both consulting and corporate roles.  

Tan will work with Utsav Garg, a managing director and head of A&M’s SEAA business unit, to marshal the firm’s CPI, Private Equity Performance Improvement, and Restructuring & Turnaround lines of service, both focused on addressing market concerns and solving regional clients’ complex problems.

Yoong Ming Chin, a senior director with Alvarez & Marsal’s Performance Improvement practice in Southeast Asia and Australia, will also join the Malaysia office.

Chin brings more than 13 years of strategy and operations consulting experience in the telecommunications, media and technology, financial services, payments, automotive, pharmaceutical, and retail industries across Southeast Asia.

-- BERNAMA

Wednesday 20 July 2022

BOOMI AND NOMURA RESEARCH INSTITUTE PARTNER TO SUPPORT JAPAN'S IT MODERNISATION



KUALA LUMPUR, July 20 (Bernama) -- Boomi, the intelligent connectivity and automation leader, has announced a new partnership agreement with Nomura Research Institute (NRI) Ltd, a leading think-tank and systems integrator in Japan.

According to a statement, Boomi and NRI have launched services for information technology (IT) modernisation and data integration use cases in all industries, based on a mutual understanding of the value of integration platform as a service (iPaaS) for business operations in today’s digital economy.

“As the use of cloud services expands in Japan, legacy integration tools falter, and demand for iPaaS continues to grow rapidly.

“Boomi will boost NRI’s consulting and system implementation support services to help clients quickly and effectively reform their corporate operations,” said Boomi head of business development, Japan, Kazunori Hori.

Meanwhile, NRI, DX Platform Division, senior managing director, Hideki Saito said: “The Boomi AtomSphere Platform will help our clients meet their IT modernisation and data integration needs, and together, we will contribute to solving many of their most pressing business challenges.”

NRI supports corporate business transformation by combining software as a service (SaaS) products and believes integration platforms are increasingly important for businesses to harness the value of their data.

Throughout an enterprise environment, data becomes dispersed and stored among various systems, applications, and siloed workflows, making it essential to use iPaaS for data integration and integrated data management.

After comparing various iPaaS products, NRI selected the Boomi AtomSphere Platform based on its clear licensing structure, ease of development and learning, and stability.

More details at http://www.boomi.com.

-- BERNAMA

OAG DELIVERS ACCESS TO ENTIRE FLIGHT LIFECYCLE THROUGH VERSATILE DATA PLATFORM

 Holistic Flight and Travel Data Creates View of the Whole Passenger Experience, Providing Unmatched Insights for Customers in an Age of Volatility


LONDON, July 20 (Bernama-BUSINESS WIRE) -- OAG, the world’s leading provider of travel data and insight, announces the release of Flight Status Data into its Flight Info Direct solution, delivering instant access to the full lifecycle of a flight. Powered by its Snowflake-enabled data platform OAG Metis, Flight Info Direct currently provides instant access to OAG’s high-value database, including Global Airline Schedules Data, Emissions Data, and Connections Data. Starting today, the release of Flight Status Data will give customers a seamless view of a flight – from its planned schedule to when it lands at its destination.

As demand for high-value insights and operational data soars, being able to view flight data as one by accessing, integrating and blending it into other sources will deliver valuable business benefits and efficiencies to customers, such as removing the silos of legacy systems, delivering end-to-end journey data, and rectifying reconciliation and quality issues.

“Our accelerated solutions and partnerships with leading technology platforms Snowflake and Microsoft Azure make us the perfect partner to help our customers rise above a complex legacy technology landscape,” said Phil Callow, CEO at OAG. “The scale of data-driven opportunities across the entire travel ecosystem – search and booking, hospitality, payments and retail, and more – is enormous. Our versatile, cloud-based data platform seamlessly connects the ecosystem together, and all in one view, to help our customers grow, streamline their operations, and work flexibly at scale.”

This recent release of data onto the platform is the latest evolution of OAG’s product-led growth journey to connect ecosystems and markets with data that empowers better decision-making and innovation.

Callow adds, “We are moving the industry forward by providing frictionless access to high-quality travel data. Being able to view holistic flight data information with the best technology available is a sizeable shift away from the old schedules and status silos of the past.”

OAG has customers across the entire travel ecosystem and is embedded in booking engines, travel and hospitality apps, airline apps, online travel agencies, metasearch, search engines, and flight tracking apps.

To learn more about Flight Status Data, visit https://www.oag.com/status-direct

About OAG

OAG is the leading data platform for the global travel industry, powering the growth and innovation of the air travel ecosystem since 1929. Headquartered in the UK, OAG has operations in the USA, Singapore, Japan, China and Lithuania., Visit: www.oag.com and follow us on Twitter @OAG Aviation.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220719005065/en/

Contact

Media:
Glenn Simpson - Harvard for OAG
pressoffice@oag.com

Source : OAG

INTELLIGENT AUTOMATION LEADER LAIYE APPOINTS BRAHAM SHNIDER TO LEAD GLOBAL STRATEGY AND ECOSYSTEM



BEIJING, July 20 (Bernama-BUSINESS WIRE) -- Laiye, a leading global Intelligent Automation provider, is pleased to announce the appointment of Mr. Braham Shnider as Chief Strategy and Ecosystem Officer following its $160 million Series C funding and 7th anniversary celebration.

As Chief Strategy and Ecosystem Officer, Braham will lead the global strategy, M&A, new business incubation, strategic initiatives, ecosystem, developers and partners, accelerating Laiye's presence and ecosystem in the global market. Laiye will continue to revolutionize work in this new era of Artificial Intelligence.

Braham has over 30 years of success in global Sales & Go To Market (GTM) experience with Technology Companies and has worked in over 30 countries. Clients that he has personally assisted include Cisco, Citrix, EMC, Google, HP, IBM, Microsoft, Oracle, Palo Alto Networks, Pure Storage, Red Hat, SAP, VMware & many large, mid and small cap companies.

"We are delighted to have Braham's expertise to further our global strategy and believe that with his leadership and experience, Laiye will address the work execution gap where human workforce needs to be complemented by digital workforce and individual workers need to be up-skilled with intelligent technologies and tools to liberate them from manual and repetitive work. Additionally, Laiye will continue to recruit world-class talent to unlock new opportunities globally." said Guanchun Wang, Chairman and CEO of Laiye.

"I'm looking forward to leading an experienced, passionate and diverse team at Laiye on global strategy, category creation and ecosystem. As we now live in a world of more hybrid workplaces, increasingly distributed workforces and more frequent operational or supply chain disruptions, Laiye is better positioned to make work less work and make human more human." said Braham.

In the last year, Laiye accelerated its international expansion despite the pandemic and is now serving a growing customer base that includes Fortune 500 companies, government agencies, and SMBs. It offers the customer an integrated intelligent automation platform that unifies Conversational AI, Intelligent Document Processing, RPA and Process Mining capabilities to help customers effectively and efficiently execute their business operations.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220719005672/en/

Contact

Crystal Wu, crystalwu@laiye.com

Source : Laiye

JUNIPER RESEARCH: TOKENISED PAYMENT TRANSACTIONS TO EXCEED 1 TRILLION GLOBALLY BY 2026; DRIVEN BY CLICK-TO-PAY

BASINGSTOKE, England, July 18 (Bernama-BUSINESS WIRE) -- A new study from Juniper Research has found the total number of tokenised payment transactions will exceed 1 trillion globally by 2026; rising from 680 billion in 2022. This represents growth of 58% over the next 4 years. It attributed this growth to the rise of ‘one-click’ solutions, such as Click-to-Pay, using card-on-file tokenisation to store a customer’s payment credentials; enabling them to auto-fill their checkout details and complete transactions via a single click.

Tokenisation protects customers’ payment credentials when stored; replacing sensitive data with token values that hold no intrinsic value. This prevents malicious actors from gaining access to payment data in the event of a data breach.

· Key Drivers: Tokenisation growth is being driven by increasing adoption of one-click solutions by merchants within eCommerce to reduce friction, and by card networks, who are encouraging mass adoption of tokenisation at the network level to improve payment approval rates.
· New research report: Payment Tokenisation: Key Opportunities, Segment Analysis & Market Forecasts 2022-2027
· Free whitepaper: How eCommerce Is Driving Tokenisation Growth
 
Drive for Frictionless Checkout Is Catalysing Growth

The new report predicts online and mobile eCommerce-tokenised volume will grow by 74% by 2026. This growth is driven by the increasing customer expectation of a frictionless checkout experience, which one-click solutions via tokenisation offer.

Growth will also be driven by benefits, including time savings for the end user by eliminating the need for customers to re-enter payment credentials when shopping online. 

Friday 15 July 2022

AROUND THE WORLD OF CARE: HYATT SHARES PROGRESS UPDATE ACROSS ENVIRONMENTAL, SOCIAL AND GOVERNANCE COMMITMENTS AND INITIATIVES


Progress includes 2030 science-based target to reduce greenhouse gas emissions and continued advancement toward 2025 DE&I goals


CHICAGO, July 15 (Bernama-BUSINESS WIRE) -- To share progress made across World of Care, the company’s Environmental, Social and Governance (ESG) platform, Hyatt Hotels Corporation (NYSE: H) today published its 2021 World of Care Highlights and Diversity, Equity and Inclusion (DE&I) Report to demonstrate how Hyatt is advancing care for the planet, people and responsible business.

“Caring for people so they can be their best has been at the core of Hyatt’s story for 65 years. Through World of Care, we embrace our responsibility and opportunity to work together to shape a more sustainable world and future,” said Margaret Egan, executive vice president and general counsel, Hyatt. “By intently focusing on driving progress against key ESG commitments like our environmental framework and Change Starts Here goals, we are holding ourselves accountable for continued action and progress in order to create the needed changes for our industry, society and planet.”

Hyatt Advances Diverse Workforce Representation

Following last year’s inaugural DE&I report, Hyatt’s 2021 workforce diversity data shows increased levels of representation of people of color across its U.S. workforce, as well as growth across nearly all races and ethnicities among colleagues, managers and leaders. Hyatt’s commitment to share progress annually serves as a critical benchmark to measure the strides made toward a more diverse, equitable and inclusive environment for colleagues.

Hyatt continues to work toward its 2025 DE&I goals around who it employs, supports and works with, outlined as part of its Change Starts Here commitments. With a focus on improving diverse vendor representation across its supply chain, Hyatt welcomed 220 new Black suppliers in 2021, with a continued focus on advancing progress looking ahead. For example, Revival Baltimore, which is part of the JdV by Hyatt brand, worked with Black-owned Black Acres Roastery to supply coffee to all hotel guestrooms and the property’s onsite coffee shop, ‘Dashery, and Hyatt Centric The Pike Long Beach recently welcomed Black-owned brewery Crowns & Hops to its Watercraft Lounge.

“At Hyatt, we believe in the power of belonging – of making people feel at home no matter where they are in the world. We constantly strive to reflect the world we care for with teams that achieve and grow together,” said Malaika Myers, chief human resources officer, Hyatt. “To advance our vision of a world of understanding and care, we must continue to prioritize DE&I across every dimension of our business and take action to make meaningful progress against our goals.”

Hyatt Announces Donation to Launch Human Trafficking Survivor Fund

In an effort to expand the hotel industry’s ongoing work to support human trafficking prevention and survivors, the Hyatt Hotels Foundation has announced a $500,000 donation to launch the “No Room for Trafficking Survivors Fund” in collaboration with the American Hotel & Lodging Association (AHLA). With the donation, and further support from the industry, the Survivors Fund will equip community-based organizations with the resources they need to engage and support survivors – from direct financial support of their short-term, baseline needs to career-related support that can empower and equip them on their path forward.

Hyatt Works to Advance Climate Action

Hyatt further accelerates its efforts to engage in more sustainable business practices as part of its environmental framework – focused on areas of climate change and water conservation, waste and circularity, responsible sourcing and thriving destinations.

In 2021, Hyatt received approval from the Science Based Targets initiative (SBTi) on its 2030 science-based target to reduce greenhouse gas emissions. Hyatt’s targets include reducing absolute scope 1 and 2 emissions, engaging key suppliers to set science-based targets by 2025, and decreasing additional scope 3 emissions.

Hyatt remains diligent in promoting initiatives that support progress toward its science-based target, which focus on energy conservation, efficient technology, building automation systems, advancing sustainable design considerations and more. An important ongoing focus will be on increasing the number of hotels that have on-site solar panels or are using one-hundred percent renewable electricity such as Hyatt Regency Amsterdam and Hyatt Regency Phoenix. Ongoing property efforts are also critical in achieving these targets, such as the ones displayed at Alila Villas Uluwatu through its on-site sustainability lab.

To learn more about Hyatt’s ESG efforts and progress, visit Hyatt.com/WorldofCare or browse the 2021 World of Care Highlights2021 DE&I Report and 2021 GRI Index.

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of March 31, 2022, the Company’s portfolio included more than 1,150 hotels and all-inclusive properties in 71 countries across six continents. The Company's offering includes the Park Hyatt®, Miraval®, Grand Hyatt®, Alila®, Andaz®, The Unbound Collection by Hyatt®, Destination by Hyatt™, Hyatt Regency®, Hyatt®, Hyatt Ziva™, Hyatt Zilara™, Thompson Hotels®, Hyatt Centric®, Caption by Hyatt, JdV by Hyatt™, Hyatt House®, Hyatt Place®, UrCove, and Hyatt Residence Club® brands, as well as resort and hotel brands under the AMR™ Collection, including Secrets® Resorts & Spas, Dreams® Resorts & Spas, Breathless Resorts & Spas®, Zoëtry® Wellness & Spa Resorts, Vivid Hotels & Resorts®, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Unlimited Vacation Club®, Amstar DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220713005967/en/

Contact

Megen DiSanto
megen.disanto@hyatt.com

Source : Hyatt Hotels Corporation

Thursday 14 July 2022

GMAC APPOINTS NEW MEMBERS TO BOARD OF DIRECTORS



KUALA LUMPUR, July 14 (Bernama) -- The Graduate Management Admission Council (GMAC), a global association of leading graduate business schools, has appointed six new members to its board of directors.

They are Isabelle Bajeux-Besnainou, dean and professor of Finance, Tepper School of Business, Carnegie Mellon University; W. Bruce DelMonico, assistant dean for Admissions, Yale School of Management, Yale University and Catherine Duggan, director (dean), Graduate School of Business, University of Cape Town.

The list also includes Anthony Wilbon, dean of the School of Business, Howard University; Mukesh Butani, founder and managing partner, BMR Legal Advocates; and Itziar de Ros, director of corporate marketing and communications, IESE Business School, University of Navarra.

“We are thrilled and grateful for the six outstanding individuals from the four continents joining the board, bringing their diverse and inspiring perspectives on graduate management education.

“As the industry continues to evolve and adapt in the face of the ever-changing landscape, their onboarding signals GMAC’s strong commitment to its global mission of connecting business schools and candidates in support of growing graduate business education,” said GMAC president and chief executive officer, Sangeet Chowfla in a statement.

GMAC has also announced the reappointment of Sanjiv Kapur, an independent consultant for a second term on the board.

Founded in 1953, GMAC provides world-class research, industry conferences, recruiting tools and assessments for the graduate management education industry, as well as resources, events, and services that help guide candidates through their higher education journey.

More details are available at www.gmac.com.

-- BERNAMA

Personetics provide personalized insights to regional bank customers partners with Japan’s leading innovator in digital banking, iBank



(Photo: Business Wire)


Personetics’ financial data-driven customer engagement platform will help create a more digitalized banking experience for iBank’s regional bank partners


FUKUOKA, Japan, July 14 (BUSINESS WIRE) --
Personetics, the leading global provider of financial data-driven personalization and customer engagement solutions for financial institutions, today announced a new partnership with iBank Marketing Co., Ltd., a subsidiary of Fukuoka Financial Group and widely recognized as Neobank in Japan. By adding Personetics’ capabilities to its offerings for regional banks, iBank with the support of TIS, a leading systems integrator in Japan, intends to help more of Japan’s regional banks move to the digital space and bring a digitalized banking experience to more Japanese bank customers.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220713005097/en/

iBank is one of Japan’s most innovative Neobank, with a mission to enhance customers’ daily lives with digital banking services. As a subsidiary of Fukuoka Financial Group (FFG), one of Japan’s largest regional banks, iBank will work with Personetics in a B2B2C (Business-to-Business-to-Consumer) business model to partner with other regional banks in Japan. By partnering with Personetics and TIS, iBank intends to help its Japan regional bank partners offer advanced hyper-personalization capabilities, but without requiring individual deployments from the other banks.

Personetics provides financial data-driven personalization for banks and financial institutions through its real-time artificial intelligence (AI) solutions. By cleansing, enriching, and analyzing customer financial transaction data, Personetics helps banks get a clearer view of how their customers manage money. By working with Personetics, banks can create personalized insights, relevant recommendations, and product-based advice to help improve their customers’ money management and financial wellness – for example, by setting smart budgets, creating financial goals, and saving more money automatically.

“We are excited to partner with FFG and iBank, who have always been at the forefront of digital innovation in Japan,” said Mr. David Sosna, CEO & Co-founder of Personetics. “By bringing Personetics data enrichment and personalized engagement capabilities to iBank’s regional bank partners, we can open new opportunities for Japan’s regional banks to support their customers. We can help Japan’s regional banks offer personalized engagement, based on their own customers’ financial transaction data. We can work together to create the future of digital banking with better money management, relevant financial advice, helpful product recommendations, and other solutions such as smart budgets and savings recommendations to make people’s financial lives better.”

Financial institutions also drive business impact from Personetics solutions by delivering an enhanced customer experience for higher customer engagement, better customer satisfaction, and more effective cross-sell targeting to help the institutions issue loans and open new accounts.

For more information, please visit Personetics.com.

About iBank Marketing Co., Ltd.

iBank Marketing Co., Ltd. is a subsidiary of Fukuoka Financial Group, Inc. (FFG). Widely recognized as Neobank in Japan., iBank has a mission to create innovative financial services. The company’s core product app, Wallet+, has been downloaded more than 2 million times. FFG also created and launched Minna Bank in 2021, the first Digital bank in Japan, that is targeted at digital natives; Minna Bank won several industry awards in 2021. iBank helps regional bank partners to deliver a more digitalized experience for Japan’s bank customers. Learn more at https://www.ibank.co.jp/.

About TIS Inc:

TIS Inc., a member of TIS INTEC Group, is a business partner to more than 3,000 companies in various sectors, including finance, industry, public services, and distribution services. It provides IT to support growth strategies, tackling various management challenges faced by its customers. Leveraging the industry knowledge and IT development capabilities it has cultivated over more than 50 years, TIS aims to realize a prosperous society by providing IT services that have been co-created with society and customers in Japan and the ASEAN region.

About Personetics

Personetics is the global leader in financial data-driven personalization, customer engagement, and advanced money management capabilities for financial institutions. Focused on enabling proactive engagement for banks, Personetics’ AI analyzes financial data in real time to understand customer financial behavior, anticipate customer needs and deliver a hyper-personalized experience. We are creating the future of “Self-Driving Finance,” where banks can proactively act on their customers’ behalf to help improve their financial wellness and achieve financial goals.

Our industry-leading data analytics solutions harness customer financial transaction data to provide day-to-day actionable insights, personalized recommendations, product-based financial advice, and automated financial wellness programs. Financial institutions use Personetics’ agile solutions to rapidly create their own personalization IP to serve the unique needs of their customers and differentiate themselves in the market. With Personetics offerings, financial institutions transform their digital banking experience into the center of the customers’ financial lives.

We offer solutions for mass market consumer banking, SMB banking, wealth management, and credit card issuers. Personetics drives business impact for financial institutions by improving relevant product targeting for accurate, efficient cross-selling and upselling. We help financial institutions deepen their customer relationships, increase core deposits and customer retention, expand share of wallet, and boost Customer Lifetime Value.

Personetics currently serves over 80 financial institutions spanning 30 global markets, reaching 120 million customers. We are backed by leading venture capital and private equity investors, with offices in New York, London, Tel Aviv, Singapore, Tokyo, Paris, Spain, and Australia.

Learn more at personetics.com

View source version on businesswire.com: 
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Contact

Dorel Blitz
Dorel.Blitz@personetics.com; +972-50-3837377

Source : Personetics