Duck Creek Technologies Honours HDFC ERGO With Standard Of Excellence Customer Award

KUALA LUMPUR, June 10 (Bernama) -- Duck Creek Technologies has announced HDFC ERGO General Insurance Company Limited (HDFC ERGO) as a 2025 Standard of Excellence Customer Award winner at Formation ’25, its flagship customer conference held in Orlando, Florida. 

A digital-first company transforming into an artificial intelligence (AI)-first company, HDFC ERGO is a general insurer of India, which is known for introducing pioneering and futuristic tech solutions in the Indian insurance landscape to offer its customers the best-in-class service experience.

The Duck Creek Standard of Excellence Customer Awards recognise customers who have achieved the highest level of excellence through their implementation of Duck Creek solutions and who have a vision to advance their business while reimagining the future of insurance.

“As our first customer in the India market, we are thrilled to be HDFC ERGO’s strategic partner, with our suite of products helping drive meaningful business outcomes and value for the business, their customers, and shareholders.

“HDFC ERGO exemplifies the forward-thinking, customer-focused approach that defines the future of insurance. We congratulate them on this well-deserved recognition,” said Duck Creek Technologies Vice President and General Manager, APAC, Christian Erickson.

According to a statement, HDFC ERGO earned recognition for accelerating product launches, streamlining system integration, and increasing market agility using Duck Creek’s solutions, including Policy, Billing, Rating, and Insights.

The Indian insurance market is undergoing a major transformation with a growing customer demand and the need for hyper-personalised services. The Insurance Regulatory and Development Authority of India has also been encouraging the insurers to develop agile and customer-centric products.

HDFC ERGO’s adoption of Duck Creek’s low-code, highly configurable platform to design a pioneering AI-enabled, real-time policy issuance system marks a significant milestone, in which currently, the insurer has transformed the end-to-end process for its Health and Fire lines of business.

-- BERNAMA

Stellar Cyber Positioned in the Challenger Quadrant of the Gartner Magic Quadrant for Network Detection and Response

 

Evaluation based on the company's overall ability to execute and completeness of vision.

 

SAN JOSE, Calif., June 10 (Bernama-BUSINESS WIRE) -- Stellar Cyber, the cybersecurity illumination company, today announced that it has been positioned by Gartner, Inc. in the Challengers Quadrant of the inaugural Magic Quadrant for Network Detection and Response (NDR). Stellar Cyber is the only vendor to be positioned in the Challengers Quadrant in the report.

“Being named a Challenger in Gartner, Inc. Magic Quadrant for NDR is more than a logo on a slide. We feel it’s a testament to the performance, vision, and results that our platform delivers to the midmarket,” said Changming Liu, CEO of Stellar Cyber. “We consider our positioning by Gartner as a Challenger in a highly competitive space to be confirmation of our relentless innovation and commitment to providing open, modern, and cost-effective solutions that help our customers thwart cyberattacks faster.”

Stellar Cyber’s Network Detection and Response is natively built into its award-winning Open XDR platform, delivering a fully unified experience for end users. NDR gives security teams live, real-time visibility into user and system behavior. Stellar Cyber’s live network traffic analysis capabilities deliver the following benefits:

• Correlated insights across the entire attack surface, including network, endpoints, cloud, and identity data
• Built-in AI/ML for automated triage, alert noise reduction, and root cause analysis
• Single-pane-of-glass operations, where detection, investigation, and response all happen in one place

To download a complimentary copy of the Gartner, Inc. Magic Quadrant for Network Detection and Response, click here.

Gartner Magic Quadrant for Network Detection and Response, 29 May 2025, By Thomas Lintemuth, Esraa ElTahawy, John Collins, Charanpal Bhogal, Nahim Fazal

Gartner does not endorse any vendor, product, or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.

About Stellar Cyber

By shining a bright light on the darkest corners of security operations, Stellar Cyber empowers organizations to see incoming attacks, know how to fight them, and act decisively – protecting what matters most. Stellar Cyber’s award-winning open security operations platform includes NG SIEM, NDR / OT, Open XDR, and Multi-Layer AI™ under one license. With almost 1/3 of the top 250 MSSPs and over 14,000 customers worldwide, Stellar Cyber is one of the most trusted leaders in security operations. Learn more at https://stellarcyber.ai/.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20250609693656/en/ 

Contacts 

Michelle Barry
Chameleon Collective
+1 603-809-2748
michelle.barry@chameleon.co 

Source: Stellar Cyber

CAPCOM SETS COURSE FOR 2026 WITH SCI-FI ACTION-ADVENTURE PRAGMATA

KUALA LUMPUR, June 6 (Bernama) -- Capcom Co Ltd has officially confirmed that its upcoming sci-fi action-adventure game PRAGMATA is now slated for release in 2026. 

This original intellectual property (IP), set in a near-future lunar environment, introduces players to a gripping story featuring two protagonists—the spacesuit-clad Hugh and android girl Diana.

Together, they navigate a mysterious world in a gameplay experience that blends strategy and excitement.

As part of its ongoing investment in the creation of an all-new IP, Capcom in a statement said it is positioning PRAGMATA as a cornerstone of its future portfolio, aiming to establish it as a new brand alongside its existing franchises.

The company has committed additional resources to the development of this new IP and promises to share further details about the game's content and release date in the future.

Reinforcing its dedication to fans, Capcom emphasised its goal of delivering exceptional gaming experiences by drawing on its extensive development expertise.

Founded in 1983, Capcom is a developer, publisher and distributor of interactive entertainment for game consoles, personal computers, handheld and wireless devices.

-- BERNAMA

Twenty High-Potential Startups Selected for MedTech Innovator’s 2025 Asia Pacific Accelerator

Top medtech innovators from nine countries selected to join region’s leading commercialization platform and compete for USD 300,000 in non-dilutive cash prizes and awards

LOS ANGELES & SINGAPORE, June 3 (Bernama-BUSINESS WIRE) -- MedTech Innovator, the world’s largest accelerator of medical technology companies, today announced that 20 high-potential medtech companies will participate in the sixth annual Asia Pacific (APAC) Accelerator program.

“We’re incredibly proud to welcome this diverse and dynamic group of startups to the 2025 Asia Pacific Accelerator Program,” said Fredrik Nyberg, managing director, MedTech Innovator Asia Pacific. “This year’s cohort is tackling some of the most pressing challenges in healthcare with bold ideas and transformative technologies. We’re excited to support their journey, connect them with key industry partners, and accelerate their path to market, ultimately improving patient outcomes across APAC and globally.”

MedTech Innovator Asia Pacific unites best-in-class startups with investors, business leaders, and allied service professionals in the medtech industry to help drive the commercialization of life-changing technologies in the region. The 2025 cohort companies will also compete for up to USD 300,000 in non-dilutive cash prizes and awards.

More than 550 companies applied for the Asia Pacific program this year, and after a rigorous selection process, 60 companies were invited to pitch, 20 of which were named to the 2025 cohort. The Asia Pacific Accelerator 2025 Cohort will attend the program’s kick-off, joining the MedTech Innovator and the BioTools Innovator 2025 Cohorts at the invitation-only Innovator Summit on June 25-26 in Mountain View, California. This event connects the leadership teams from the latest cohorts with MedTech Innovator’s partners, alumni, and other industry leaders.

The 20 companies selected for the 2025 MedTech Innovator Asia Pacific Accelerator are:

· 2Strands Biosciences, Singapore
· Australis Scientific, Brisbane, Australia
· Belun Technology, Singapore
· B dot Medical, Tokyo, Japan
· Borns Medical Robotics Inc., San Jose, California, United States
· ClearCut Medical, West Asia
· F.MED, Fukuoka, Japan
· Hemotag, Boca Raton, Florida, United States
· Heuron Co., Seoul, South Korea
· HiCura Medical, Singapore
· Laronix, Brisbane, Australia
· MAXM Skate, Adelaide, Australia
· MEDICAL IP, Seoul, South Korea
· MedInTech Inc., Seoul, South Korea
· OsseoLabs, Bangkok, Thailand
· Pretect Devices, Perth, Australia
· Rosalind Dx, Singapore
· Sehat Kahani, Karachi, Pakistan
· SIMPLEX QUANTUM, Tokyo, Japan
· VesselSens, Bonn, Germany
 

MedTech Innovator Asia Pacific’s 2025 program sponsors include Johnson & Johnson MedTech, B. Braun Medical, Becton Dickinson, Teleflex, Siemens Healthineers, Cambridge Consultants, and Enterprise Singapore. The program will culminate with its first-ever self-hosted Showcase and Grand Finals in Singapore at the end of October. 

About MedTech Innovator

MedTech Innovator is the world’s largest accelerator of medical technology companies. Its mission is to improve human health by accelerating the growth of companies that are transforming care. MedTech Innovator has been a catalyst for groundbreaking healthcare solutions, reviewing well over 14,000 applicants and fostering the growth of 717 companies globally that have collectively raised over USD 9.5 billion in follow-on funding, transforming the lives of millions. 

For more information about MedTech Innovator Asia Pacific, its annual programs, portfolio of industry-leading startups, and insights on trends, visit MedTech Innovator Asia Pacific’s website, follow the U.S. organization on LinkedIn U.S. and its APAC program at LinkedIn APAC, and subscribe to its monthly newsletter. 
 

Contacts

Media Contact
Bernice Tan
Marketing & Events Manager, Asia Pacific
bernice@medtechinnovator.org

Source: MedTech Innovator

--BERNAMA

MoneyHero and RCBC Forge Strategic Partnership to Tap into the Philippines' Expanding Card Market

 

SINGAPORE, June 5 (Bernama-GLOBE NEWSWIRE) -- MoneyHero Limited (NASDAQ: MNY) (MoneyHero” or the “Company”), a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia, today announced a strategic partnership with Rizal Commercial Banking Corporation (“RCBC”), a trusted leader in Philippine banking known for its customer-focused innovation and inclusive financial services, through its card servicing entity, RCBC Bankard Services Corporation (“RCBC Credit Cards”). Through this collaboration, MoneyHero will integrate RCBC’s full suite of rewards, lifestyle, travel, and premium credit card products into its digital platform, enabling Filipinos to seamlessly discover, compare, and apply for cards that suit their personal financial needs.

This partnership significantly expands MoneyHero’s credit card offerings in the Philippines and reinforces its position as the leading digital acquisition partner for banks and personal finance aggregation and comparison platforms in the region. By combining MoneyHero’s digital conversion expertise with RCBC’s strong growth momentum in consumer finance and strategic focus on data-driven innovation, the strategic partnership will improve customer experience and expand access to personal financial solutions. Together, they will advance a more inclusive and digitally empowered financial ecosystem for Filipinos.

Rohith Murthy, CEO of MoneyHero, said: “We are excited to welcome RCBC as a partner on our platform. By combining MoneyHero’s aggregation technology with RCBC’s rich credit card portfolio, we are empowering Filipino consumers to make smarter financial decisions. This partnership continues our mission to simplify financial choices for consumers while supporting our bank partners in driving digital acquisition at scale. This partnership accelerates our penetration into regional markets, deepens user engagement, and highlights our asset-light, mutually-beneficially partnership-led growth model.”

Arniel Vincent B. Ong, RCBC Credit Cards President & CEO, said: “We’re excited to partner with MoneyHero to offer our full suite of credit cards directly to consumers through a seamless digital experience. Our credit card business has shown exceptional momentum, with credit card receivables growing 48% and cards in force increasing 21% in 2024 alone, underscoring strong consumer engagement. This rapid growth in credit cards will make us a powerful partner for MoneyHero’s expanding presence in the country. By integrating with MoneyHero’s platform, we’re making it easier for Filipinos to compare and apply for the card that best fits their needs, strengthening our commitment to innovation and financial inclusion.”​​​​​

About MoneyHero Group

MoneyHero Limited (NASDAQ: MNY) is a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia. The Company operates in Singapore, Hong Kong, Taiwan and the Philippines. Its brand portfolio includes B2C platforms MoneyHero, SingSaver, Money101, Moneymax and Seedly, as well as the B2B platform Creatory. The Company also retains an equity stake in Malaysian fintech company, Jirnexu Pte. Ltd., parent company of Jirnexu Sdn. Bhd., the operator of RinggitPlus, Malaysia’s largest operating B2C platform. MoneyHero had over 290 commercial partner relationships as at 31 December 2024, and had approximately 6.2 million Monthly Unique Users across its platform for the three months ended 31 December 2024. The Company’s backers include Peter Thiel—co-founder of PayPal, Palantir Technologies, and the Founders Fund—and Hong Kong businessman, Richard Li, the founder and chairman of Pacific Century Group. To learn more about MoneyHero and how the innovative fintech company is driving APAC’s digital economy, please visit www.MoneyHeroGroup.com.

About Rizal Commercial Banking Corporation

RCBC is a leading financial services provider in the Philippines offering a wide range of banking and financial products and services. RCBC is engaged in all aspects of traditional banking, investment banking, microfinance, retail financing (auto, mortgage and housing loans, and credit cards), remittance, leasing, foreign exchange, and stock brokering. RCBC is a member of the Yuchengco Group of Companies (YGC), one of the oldest and largest conglomerates in South East Asia. For more information, please visit https://www.rcbc.com.

About RCBC Bankard Services Corporation

RCBC Bankard Services Corporation (“RBSC”) manages credit cards, personal loans, and merchant payment solutions for Rizal Commercial Banking Corporation (“RCBC”). RCBC and RBSC are part of the Yuchengco Group of Companies, one of Southeast Asia’s oldest and largest conglomerates. RBSC provides innovative cashless payments and versatile add-on services. For more information about RBSC, please visit www.rcbccredit.com.

For MoneyHero inquiries, please contact:

Investor Relations:
MoneyHero IR Team
IR@MoneyHeroGroup.com

Media Relations:
MoneyHero PR Team
Press@MoneyHeroGroup.com

For Rizal Commercial Banking Corporation inquiries, please contact:

RCBC Credit Cards:
email@service.rcbcbankard.com 

SOURCE: MoneyHero Limited

Grow Your IB and Affiliate Business with Axi at the 2025 Money Expo Colombia

SYDNEY, June 4 (Bernama-GLOBE NEWSWIRE) -- Leading online FX and CFD broker Axi has announced that it will attend this year’s Money Expo Colombia, taking place June 25-26, 2025, in Bogota, Colombia.

Event attendees will have the opportunity to explore how they can grow their IB and Affiliate business. “We invite all traders to visit our booth and connect with our team,” says Santiago Vazquez-Munoz, Regional Head for UK, Europe, and LATAM, before adding, “We look forward to showcasing how our exceptional partnership opportunities can help traders elevate their business. Attendees at the expo will also have access to exclusive deals available only during the event.” Furthermore, attendees will also have the opportunity to learn about Axi Select, Axi’s capital allocation program featuring zero registration or registration fees, capital funding up to $1,000,000 USD, the opportunity to earn up to 90% of the profits, and advanced tools to accelerate traders’ trading potential.

Football enthusiasts can also visit Axi’s booth to get an inside look at the broker’s longstanding partnership with Manchester City, Premier League Champions. Manchester City memorabilia and the club’s mascots will be on-site for photo opportunities, and attendees will have the chance to win exciting prizes from the broker – including signed player shirts and other merchandise.

The broker has a longstanding partnership with Manchester City FC, Girona FC, and Esporte Clube Bahia. In 2023, they also announced England international John Stones as their Brand Ambassador. In 2024, the broker was recognised with the ‘Innovator of the Year’ award at the Dubai Forex Expo, and was honoured by Finance Feeds with the titles of ‘Most Reliable Broker’, ‘Broker of the Year’ and ‘Most Innovative Proprietary Trading Firm’.

Watch video : https://youtu.be/92qBSHsGHMM?si=0pdt_bV7sAdQVOsB

About Axi

Axi is a global online FX and CFD trading company, with thousands of customers in 100+ countries worldwide. Axi offers CFDs for several asset classes including Forex, Shares, Gold, Oil, Coffee, and more.

For more information from Axi, please contact: mediaenquiries@axi.com

The Axi Select program is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available to AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees and minimum deposit apply.


DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.​

SOURCE : AxiTrader Limited

AM BEST AFFIRMS EXCELLENT RATINGS FOR FUSURE REINSURANCE WITH STABLE OUTLOOK

KUALA LUMPUR, June 3 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Hong Kong’s FuSure Reinsurance Company Limited (FuSure), with a stable outlook for both credit ratings (ratings).

In a statement, the global credit rating agency said the ratings reflected FuSure’s very strong balance sheet, adequate operating performance, limited business profile and appropriate enterprise risk management.

The ratings also consider the explicit and implicit support provided by its ultimate parent, Tencent Holdings Limited (Tencent), which includes capital, business development, investment, risk management and operational support.

In March 2025, FuSure obtained its long-term reinsurance licence from the Hong Kong Insurance Authority, expanding its scope beyond general reinsurance and officially becoming a composite reinsurer.

To support its business expansion, FuSure received a third round of capital injection from shareholders, raising its paid-up capital to 2.68 billion Chinese yuan (US$367 million). AM Best expects the company’s risk-adjusted capitalisation to remain at the strongest level based on its latest business plan through 2028. (US$1=RM4.21)

FuSure has posted a net profit since 2022 and achieved a 5.5 per cent return on equity (ROE) in 2024. It projects mid-single-digit ROE with double-digit annual premium growth from 2025 to 2028.

Since its establishment in 2021, FuSure has focused on health and accident reinsurance in Greater China, supported by Tencent’s capabilities in distribution and product innovation. It is also expanding its underwriting portfolio geographically and intends to enter long-term medical, critical illness, and life insurance segments following its composite licensing.

Despite growth prospects, AM Best noted that execution risk remains a concern due to the company’s start-up status and high growth trajectory. However, this is mitigated by an experienced management team and strong support from Tencent.

Tencent currently holds 85.01 per cent of FuSure’s shares and is listed on the Hong Kong Stock Exchange. It has demonstrated continued commitment through capital infusions and operational support, contributing to the rating enhancement.

-- BERNAMA