KUALA LUMPUR, June 26 -- Flywire, a high-growth vertical payments company has announced new enhancements to its market-leading digital education platform that improve tuition affordability.
Flywire’s new international payment plan options empower institutions worldwide to provide students more flexible funding options to help them better manage their education expenses during a period of unique financial constraint.
As part of Flywire’s comprehensive receivables solution, this functionality builds on Flywire’s existing offerings and is customised to meet the needs of institutions worldwide with a high ratio of foreign students.
Due to the ongoing rise in education costs, many foreign students cannot afford to pay their tuition and fees in full upfront prior to starting or returning to school, according to a statement.
COVID-19 is exacerbating this affordability crisis, placing unprecedented financial strain on students, many of whom remain on campus due to the high cost of returning home at the outset of the pandemic.
Flywire’s international payment plan options address the needs of students and families to make education costs more manageable with capabilities that include preferred payment options, flexibility of choice and personalised installment options.
More details at www.flywire.com.
-- BERNAMA
Tuesday 30 June 2020
Monday 29 June 2020
BEST'S MARKET SEGMENT REPORT: STOCK MARKET VOLATILITY PUTS FOCUS ON EQUITY PRICE RISKING JAPAN'S NON-LIFE INSURANCE MARKET
HONG KONG, June 29 (Bernama-BUSINESS WIRE) -- High common stock leverage among each of Japan’s major non-life insurers brings systematic equity price risk into greater consideration, given the current COVID-19-driven stock market volatility, according to an AM Best special report.
BEST'S MARKET SEGMENT REPORT: STOCK MARKET VOLATILITY PUTS FOCUS ON EQUITY PRICE RISKING JAPAN'S NON-LIFE INSURANCE MARKET
BEST'S MARKET SEGMENT REPORT: STOCK MARKET VOLATILITY PUTS FOCUS ON EQUITY PRICE RISKING JAPAN'S NON-LIFE INSURANCE MARKET
Thursday 25 June 2020
Nanox Enters Asia Pacific: Signs Strategic Agreement With Golden Vine International for the Deployment of 500 Nanox.ARC Systems in Taiwan and Singapore
Radical plan aims Taiwan to become a country-wide center of excellence for 21st century early-detection imaging methodologies implementing AI-based diagnostics for advanced preventive healthcare
NEVE ILAN, Israel & TAIPEI, Taiwan, June 24 (BUSINESS WIRE) --
NANO-X IMAGING LTD (www.nanox.vision) (“Nanox” or the “Company”), an innovative medical imaging technology company, announces it has signed an exclusive distribution agreement with Golden Vine International (廖佩玲) (“Golden Vine”), for the introduction of affordable advanced medical imaging services in Taiwan and Singapore.
Golden Vine is led by Ms. Pepi Liao, a second generation of the Liao Wan Lung (廖萬隆), family, who is the founder and chairman of CB CERATIZIT – one of the largest global suppliers of Tungsten Carbide to leading medical imaging vendors such as Siemens, Fuji Seiko, Samsung and others.
Medical imaging is presently the primary non-invasive diagnostic tool in Taiwan according to the Taiwanese National Center for High-Performance Computing and the Nanox System is expected to help address increased accessibility and diagnostics needs of an aging society and growing number of patients that are being handled by fewer healthcare staff. The Nanox System aims to offer a range of medical imaging services, from 2D X-ray to 3D Tomosynthesis computed tomography. The services are planned to be operated on a pay-per-scan business model.
Following required regulatory approvals and acceptance test clearance, the parties will collaborate on the deployment and operation of 500 Nanox Systems comprised of the Nanox.ARC and the Nanox.CLOUD. The partnership aims to provide medical imaging services across Taiwan at affordable prices for communities of varying socio-economic status.
According to the agreement Golden Vine will commit to a minimum annual service fee of $28.9 million to Nanox. The payment is expected to be guaranteed by a standby letter of credit in favor of Nanox.
"Taiwan is one of the most advanced countries in the world for innovative healthcare,” says Ran Poliakine, Founder and Chief Executive Officer of Nanox. “Our collaboration with Golden Vine and Ms. Liao is aimed to create a country-wide center of excellence for 21st century early-detection imaging methodologies and use of AI for preventive healthcare. Taiwan has surpassed many other countries in national medical data use for early-detection and higher standard of care. I believe we will drive significant innovation through this partnership and look forward to making a real difference for providing better healthcare for all.”
“Nanox brings a message of hope,” says Ms. Pepi Liao, CEO of Golden Vine, “It has the potential to introduce a groundbreaking ability to deploy high-quality imaging system in mass. Medical centers, small local clinics, nursing homes…. all of these represent a vast market that presently has no access to such equipment. We believe Nanox can provide a strong solution for mass-population screening and in special situations, such as COVID-19, Nanox can be the game changing factor where millions of people need to undergo imaging in a short time and are facing an insufficient install base to accommodate such a scenario. We have many challenges ahead, but our aim is to become a prime service provider for preventive healthcare and drive innovation throughout the Asia Pacific.”
About Nanox:
Nanox, founded by the serial entrepreneur Ran Poliakine, is an Israeli corporation that is developing a commercial-grade digital X-ray source designed to be used in real-world medical imaging applications. Nanox believes that its novel technology could significantly reduce the costs of medical imaging systems and plans to seek collaborations with world-leading healthcare organizations and companies to provide affordable, early detection imaging service for all. For more information, please visit www.nanox.vision.
Forward-Looking Statements
This press release may contain forward-looking statements that are subject to risks and uncertainties. All statements that are not historical facts contained in this press release are forward-looking statements. Such statements include, but are not limited to, any statements relating to the initiation, timing, progress and results of Nanox's research and development, manufacturing and commercialization activities with respect to its X-ray source technology and the Nanox.Arc. In some cases, you can identify forward-looking statements by terminology such as “can,” “might,” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “should,” “could,” “expect,” “predict,” “potential,” or the negative of these terms or other similar expressions. Forward-looking statements are based on information Nanox has when those statements are made or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Factors that could cause actual results to differ materially from those currently anticipated include: risks related to Nanox's ability to develop and produce a working prototype of the Nanox.Arc; Nanox's ability to successfully demonstrate the feasibility of its technology for commercial applications; Nanox's expectations regarding the necessity of, timing of filing for, and receipt and maintenance of, regulatory clearances or approvals regarding its X-ray source technology and the Nanox.Arc from regulatory agencies worldwide and its ongoing compliance with applicable quality standards and regulatory requirements; Nanox's ability to enter into and maintain commercially reasonable arrangements with third-party manufacturers and suppliers to manufacture the Nanox.Arc; the market acceptance of the Nanox.Arc and the proposed pay-per-scan business model; Nanox's expectations regarding collaborations with third-parties and their potential benefits; and Nanox's ability to conduct business globally, among others. Except as required by law, Nanox undertakes no obligation to update publicly any forward-looking statements after the date of this press release to conform these statements to actual results or to changes in Nanox's expectations.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200623005803/en/
Contact
Media contact:
ReBlonde for Nanox
Alona Stein
alona@reblonde.com
Source : Nanox
NEVE ILAN, Israel & TAIPEI, Taiwan, June 24 (BUSINESS WIRE) --
NANO-X IMAGING LTD (www.nanox.vision) (“Nanox” or the “Company”), an innovative medical imaging technology company, announces it has signed an exclusive distribution agreement with Golden Vine International (廖佩玲) (“Golden Vine”), for the introduction of affordable advanced medical imaging services in Taiwan and Singapore.
Golden Vine is led by Ms. Pepi Liao, a second generation of the Liao Wan Lung (廖萬隆), family, who is the founder and chairman of CB CERATIZIT – one of the largest global suppliers of Tungsten Carbide to leading medical imaging vendors such as Siemens, Fuji Seiko, Samsung and others.
Medical imaging is presently the primary non-invasive diagnostic tool in Taiwan according to the Taiwanese National Center for High-Performance Computing and the Nanox System is expected to help address increased accessibility and diagnostics needs of an aging society and growing number of patients that are being handled by fewer healthcare staff. The Nanox System aims to offer a range of medical imaging services, from 2D X-ray to 3D Tomosynthesis computed tomography. The services are planned to be operated on a pay-per-scan business model.
Following required regulatory approvals and acceptance test clearance, the parties will collaborate on the deployment and operation of 500 Nanox Systems comprised of the Nanox.ARC and the Nanox.CLOUD. The partnership aims to provide medical imaging services across Taiwan at affordable prices for communities of varying socio-economic status.
According to the agreement Golden Vine will commit to a minimum annual service fee of $28.9 million to Nanox. The payment is expected to be guaranteed by a standby letter of credit in favor of Nanox.
"Taiwan is one of the most advanced countries in the world for innovative healthcare,” says Ran Poliakine, Founder and Chief Executive Officer of Nanox. “Our collaboration with Golden Vine and Ms. Liao is aimed to create a country-wide center of excellence for 21st century early-detection imaging methodologies and use of AI for preventive healthcare. Taiwan has surpassed many other countries in national medical data use for early-detection and higher standard of care. I believe we will drive significant innovation through this partnership and look forward to making a real difference for providing better healthcare for all.”
“Nanox brings a message of hope,” says Ms. Pepi Liao, CEO of Golden Vine, “It has the potential to introduce a groundbreaking ability to deploy high-quality imaging system in mass. Medical centers, small local clinics, nursing homes…. all of these represent a vast market that presently has no access to such equipment. We believe Nanox can provide a strong solution for mass-population screening and in special situations, such as COVID-19, Nanox can be the game changing factor where millions of people need to undergo imaging in a short time and are facing an insufficient install base to accommodate such a scenario. We have many challenges ahead, but our aim is to become a prime service provider for preventive healthcare and drive innovation throughout the Asia Pacific.”
About Nanox:
Nanox, founded by the serial entrepreneur Ran Poliakine, is an Israeli corporation that is developing a commercial-grade digital X-ray source designed to be used in real-world medical imaging applications. Nanox believes that its novel technology could significantly reduce the costs of medical imaging systems and plans to seek collaborations with world-leading healthcare organizations and companies to provide affordable, early detection imaging service for all. For more information, please visit www.nanox.vision.
Forward-Looking Statements
This press release may contain forward-looking statements that are subject to risks and uncertainties. All statements that are not historical facts contained in this press release are forward-looking statements. Such statements include, but are not limited to, any statements relating to the initiation, timing, progress and results of Nanox's research and development, manufacturing and commercialization activities with respect to its X-ray source technology and the Nanox.Arc. In some cases, you can identify forward-looking statements by terminology such as “can,” “might,” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “should,” “could,” “expect,” “predict,” “potential,” or the negative of these terms or other similar expressions. Forward-looking statements are based on information Nanox has when those statements are made or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Factors that could cause actual results to differ materially from those currently anticipated include: risks related to Nanox's ability to develop and produce a working prototype of the Nanox.Arc; Nanox's ability to successfully demonstrate the feasibility of its technology for commercial applications; Nanox's expectations regarding the necessity of, timing of filing for, and receipt and maintenance of, regulatory clearances or approvals regarding its X-ray source technology and the Nanox.Arc from regulatory agencies worldwide and its ongoing compliance with applicable quality standards and regulatory requirements; Nanox's ability to enter into and maintain commercially reasonable arrangements with third-party manufacturers and suppliers to manufacture the Nanox.Arc; the market acceptance of the Nanox.Arc and the proposed pay-per-scan business model; Nanox's expectations regarding collaborations with third-parties and their potential benefits; and Nanox's ability to conduct business globally, among others. Except as required by law, Nanox undertakes no obligation to update publicly any forward-looking statements after the date of this press release to conform these statements to actual results or to changes in Nanox's expectations.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200623005803/en/
Contact
Media contact:
ReBlonde for Nanox
Alona Stein
alona@reblonde.com
Source : Nanox
EXAMINATION PREP SCHOOL OPERATOR, AZURITESTYLE CO. NEWLY DEVELOPS COOL ANTIBACTERIAL FACE MASK THAT ENABLES NASAL BREATHING, BEGINS OVERSEAS SALES ON JUNE 20
YOKOHAMA, Japan, June 24, 2020 /Kyodo JBN,AsiaNet/ --
Examination prep school operator, AzuriteStyle Co., Ltd. has developed a cool antibacterial face mask that enables nasal breathing. Due to the coronavirus epidemic, students have been wearing a variety of masks, and lecturers' concerns that "breathing difficulties were preventing sustained concentration" and that "poor quality meant declining brain functions" led to the development of this mask. "AzuriteStyle" is a completely original brand that prioritizes "Made in Japan" from planning to sewing. Overseas sales began on June 20 in 30 major countries, including educationally advanced countries in Europe and Asia, as well as in the U.S., which is highly attentive to nasal breathing.
(Images: https://kyodonewsprwire.jp/release/202006231187?p=images)
EC site URL: http://www.azurite-style.com
Disposable masks, made from stuffy materials, feature low oxygen permeability. Masks of various fabrics are sold, but most employ 3-dimensional designs that save labor and costs during manufacturing. However, AzuriteStyle has determined that 3-dimensional designs cannot create enough space to preserve nasal breathing. The company focused on creating a pleated design that guarantees an unoppressive breathing space with a long-lasting fit for any facial or nasal type. This original design not only takes more time and effort to create, but also makes it impossible to properly manufacture without precise technology. The AzuriteStyle mask also features carefully selected Japanese-made fabrics that do not deteriorate when washed.
As the mask will be worn during the hot summer, the company added a "cool-to-the-touch" feature. It carefully selected multi-functional fabrics with attributes including "antibacterial," "UV-cutting," "cool-to-the-touch," "water-absorbing and quick drying," "temperature rise-suppression effects," and "comfortable texture." The mask eliminates causes of rough skin stemming from stuffiness and bacterial growth. An organic type is also available for those with allergy-sensitive skin.
The mask also comes with a sheet that becomes cold to the touch just by wetting and shaking it. If the user inserts this sheet into the inner pocket, it cools the inside of the mask. The company's lineup of small, medium and large masks features sizes compatible with everyone from babies to adults.
Please check the following site to view the original release.
https://kyodonewsprwire.jp/prwfile/release/M106117/202006231187/_prw_PA1fl_nkFm1eY9.pdf
Source: AzuriteStyle Co., Ltd.
http://mrem.bernama.com/viewsm.php?idm=37612
Examination prep school operator, AzuriteStyle Co., Ltd. has developed a cool antibacterial face mask that enables nasal breathing. Due to the coronavirus epidemic, students have been wearing a variety of masks, and lecturers' concerns that "breathing difficulties were preventing sustained concentration" and that "poor quality meant declining brain functions" led to the development of this mask. "AzuriteStyle" is a completely original brand that prioritizes "Made in Japan" from planning to sewing. Overseas sales began on June 20 in 30 major countries, including educationally advanced countries in Europe and Asia, as well as in the U.S., which is highly attentive to nasal breathing.
(Images: https://kyodonewsprwire.jp/release/202006231187?p=images)
EC site URL: http://www.azurite-style.com
Disposable masks, made from stuffy materials, feature low oxygen permeability. Masks of various fabrics are sold, but most employ 3-dimensional designs that save labor and costs during manufacturing. However, AzuriteStyle has determined that 3-dimensional designs cannot create enough space to preserve nasal breathing. The company focused on creating a pleated design that guarantees an unoppressive breathing space with a long-lasting fit for any facial or nasal type. This original design not only takes more time and effort to create, but also makes it impossible to properly manufacture without precise technology. The AzuriteStyle mask also features carefully selected Japanese-made fabrics that do not deteriorate when washed.
As the mask will be worn during the hot summer, the company added a "cool-to-the-touch" feature. It carefully selected multi-functional fabrics with attributes including "antibacterial," "UV-cutting," "cool-to-the-touch," "water-absorbing and quick drying," "temperature rise-suppression effects," and "comfortable texture." The mask eliminates causes of rough skin stemming from stuffiness and bacterial growth. An organic type is also available for those with allergy-sensitive skin.
The mask also comes with a sheet that becomes cold to the touch just by wetting and shaking it. If the user inserts this sheet into the inner pocket, it cools the inside of the mask. The company's lineup of small, medium and large masks features sizes compatible with everyone from babies to adults.
Please check the following site to view the original release.
https://kyodonewsprwire.jp/prwfile/release/M106117/202006231187/_prw_PA1fl_nkFm1eY9.pdf
Source: AzuriteStyle Co., Ltd.
http://mrem.bernama.com/viewsm.php?idm=37612
Wednesday 24 June 2020
Updated CyberLink FaceMe® to assist post-COVID-19 economic reopening
KUALA LUMPUR, June 23 -- CyberLink Corp recently announced new updates to its landmark facial recognition software development kit, designed to assist global economy reopening as the world curtails the COVID-19 pandemic.
Available immediately, FaceMe® can detect whether individuals are wearing a face mask, and if they are wearing it properly fully covering the mouth and nose, while also being able to perform facial recognition.
According to a statement, the features work for assorted types of mask, including but not limited to medical, cloth, fibre or N95 masks, and can do so for all faces and through various angles.
FaceMe® is one of the world’s most accurate facial recognition engines as deemed by the world standard NIST Facial Recognition Vendor Test.
The FaceMe® platform can now be integrated into retail point-of-sales systems, security cameras, digital signage and other connected devices to determine that individuals in required areas are wearing a face mask and notifying pre-designated personnel if they are not.
Further, the new updates allow it to precisely perform facial recognition on people wearing masks and verify their credentials, enabling a wide range of ‘contactless solutions’.
Over the next months, CyberLink will also introduce thermal body imaging and crowd counting to FaceMe®, to assist in distanced temperature detection of individuals as well as the density of people in public venues.
More details at www.cyberlink.com/faceme
-- BERNAMA
FLYWIRE ANNOUNCES CHARITABLE FOUNDATION TO HELP IMPROVE GLOBAL EQUALITY
Flywire’s 501(c)(3) aims to improve equality, access and affordability for underrepresented individuals and communities
As its inaugural initiatives, Flywire Charitable Foundation launches four academic scholarships for students studying global health as well as those studying social justice
Foundation will continue to invest in programs that support its vision to remove the access and affordability gap for marginalized individuals and communities
BOSTON, June 24 (Bernama-GLOBE NEWSWIRE) -- Today, Flywire, a high-growth vertical payments company, announced the Flywire Charitable Foundation, a 501(c)(3) focused on improving equality, access, and affordability for underrepresented individuals in the global communities in which Flywire operates. As its inaugural pledge, the Foundation is launching academic scholarships that will be awarded to students in two distinct academic categories: global health and medicine, as well as social justice. Applications are available immediately through July 31st to all undergraduate and graduate students.
“As a global organization, Flywire was built on the principles of equality, acceptance and partnership,” said Mike Massaro, Flywire CEO. “In light of current events, it’s our responsibility to take direct action to extend these qualities for the benefit of the communities we serve. We’re very proud to launch the Flywire Charitable Foundation to do our part in addressing the access and affordability gaps for those facing unique hardship.”
“The academic scholarships we’ve launched are part of Flywire’s ongoing commitment to creating better opportunities for those seeking high quality healthcare, education and global culture. This is just a first step and the Flywire Charitable Foundation commits to doing much more to build a more just, inclusive and equitable society.”
The Flywire Charitable Foundation scholarships will be awarded to students in need to help them better manage costs associated with their education. Applications are open to students who have academic pursuits in the following disciplines:
· Global health and medicine: The devastation caused by the COVID-19 pandemic reveals an urgent need to accelerate the world’s focus on improving public health. These scholarships aim to help train the next generation of highly-skilled health and medical experts.
· Social justice: Continued racism against minority communities around the world underscores the need for significant social justice reform. These scholarships aim to support tomorrow’s leaders who will commit to eradicating racism, violence and other acts of intolerance against minorities.
FLYWIRE ANNOUNCES CHARITABLE FOUNDATION TO HELP IMPROVE GLOBAL EQUALITY
As its inaugural initiatives, Flywire Charitable Foundation launches four academic scholarships for students studying global health as well as those studying social justice
Foundation will continue to invest in programs that support its vision to remove the access and affordability gap for marginalized individuals and communities
BOSTON, June 24 (Bernama-GLOBE NEWSWIRE) -- Today, Flywire, a high-growth vertical payments company, announced the Flywire Charitable Foundation, a 501(c)(3) focused on improving equality, access, and affordability for underrepresented individuals in the global communities in which Flywire operates. As its inaugural pledge, the Foundation is launching academic scholarships that will be awarded to students in two distinct academic categories: global health and medicine, as well as social justice. Applications are available immediately through July 31st to all undergraduate and graduate students.
“As a global organization, Flywire was built on the principles of equality, acceptance and partnership,” said Mike Massaro, Flywire CEO. “In light of current events, it’s our responsibility to take direct action to extend these qualities for the benefit of the communities we serve. We’re very proud to launch the Flywire Charitable Foundation to do our part in addressing the access and affordability gaps for those facing unique hardship.”
“The academic scholarships we’ve launched are part of Flywire’s ongoing commitment to creating better opportunities for those seeking high quality healthcare, education and global culture. This is just a first step and the Flywire Charitable Foundation commits to doing much more to build a more just, inclusive and equitable society.”
The Flywire Charitable Foundation scholarships will be awarded to students in need to help them better manage costs associated with their education. Applications are open to students who have academic pursuits in the following disciplines:
· Global health and medicine: The devastation caused by the COVID-19 pandemic reveals an urgent need to accelerate the world’s focus on improving public health. These scholarships aim to help train the next generation of highly-skilled health and medical experts.
· Social justice: Continued racism against minority communities around the world underscores the need for significant social justice reform. These scholarships aim to support tomorrow’s leaders who will commit to eradicating racism, violence and other acts of intolerance against minorities.
FLYWIRE ANNOUNCES CHARITABLE FOUNDATION TO HELP IMPROVE GLOBAL EQUALITY
Tuesday 23 June 2020
Expereo acquires Comsave to hasten global Internet access services
KUALA LUMPUR, June 23 -- Expereo, the global provider of managed Internet, Cloud access and SD-WAN solutions has acquired Comsave to accelerate automation of sourcing and provisioning of its suite of global Internet access services.
Comsave, the connectivity intelligence platform pioneers an industry-disruptive e-commerce platform, automating the sourcing and provisioning of Internet and last-mile access services across multiple service providers.
According to a statement, the acquisition reflects Expereo's commitment to simplify global networking for multinational enterprises and service providers.
It also accelerates the establishment of its digital platform expereo.one as the platform of choice for sourcing and managing global Internet, Cloud access and SD-WAN solutions, putting control in customers' and partners' hands with full insights in connectivity and application performance.
"Our combined capabilities are simplifying the complex and costly access component in architecting and sourcing global connectivity solutions for our partners and customers,” said Expereo chief executive officer, Irwin Fouwels.
“With Comsave's people, technology and know-how, we can radically simplify and reduce the cost of managing a multitude of access suppliers, therefore accelerating our partners' and customers' digital transformation.”
Expereo’s investment is driven by a shared vision between both companies towards digitally transforming the fragmented ‘last mile’ supplier landscape, giving customers and partners control over this last piece in the global connectivity puzzle.
-- BERNAMA
Comsave, the connectivity intelligence platform pioneers an industry-disruptive e-commerce platform, automating the sourcing and provisioning of Internet and last-mile access services across multiple service providers.
According to a statement, the acquisition reflects Expereo's commitment to simplify global networking for multinational enterprises and service providers.
It also accelerates the establishment of its digital platform expereo.one as the platform of choice for sourcing and managing global Internet, Cloud access and SD-WAN solutions, putting control in customers' and partners' hands with full insights in connectivity and application performance.
"Our combined capabilities are simplifying the complex and costly access component in architecting and sourcing global connectivity solutions for our partners and customers,” said Expereo chief executive officer, Irwin Fouwels.
“With Comsave's people, technology and know-how, we can radically simplify and reduce the cost of managing a multitude of access suppliers, therefore accelerating our partners' and customers' digital transformation.”
Expereo’s investment is driven by a shared vision between both companies towards digitally transforming the fragmented ‘last mile’ supplier landscape, giving customers and partners control over this last piece in the global connectivity puzzle.
-- BERNAMA
JUMIO ADDS AAMVA DRIVER'S LICENSE DATA VERIFICATION SERVICE TO ITS GROWING SUITE OF DATA-DRIVEN SOLUTION
Leading identity verification service adds additional fraud signals that verify information on driver’s licenses, provide proof of address and sniff out synthetic identity fraud
PALO ALTO, Calif., June 23 (Bernama-BUSINESS WIRE) -- Jumio, the leading provider of AI-powered end-to-end identity verification and authentication solutions, today announced the launch of a suite of data-driven services including address validation, proof of residence and a new partnership with the American Association of Motor Vehicle Administrators (AAMVA). These new data services, when coupled with Jumio’s identity verification solutions, deliver powerful fraud signals that help organizations better detect new account and synthetic fraud attempts.
JUMIO ADDS AAMVA DRIVER'S LICENSE DATA VERIFICATION SERVICE TO ITS GROWING SUITE OF DATA-DRIVEN SOLUTION
PALO ALTO, Calif., June 23 (Bernama-BUSINESS WIRE) -- Jumio, the leading provider of AI-powered end-to-end identity verification and authentication solutions, today announced the launch of a suite of data-driven services including address validation, proof of residence and a new partnership with the American Association of Motor Vehicle Administrators (AAMVA). These new data services, when coupled with Jumio’s identity verification solutions, deliver powerful fraud signals that help organizations better detect new account and synthetic fraud attempts.
JUMIO ADDS AAMVA DRIVER'S LICENSE DATA VERIFICATION SERVICE TO ITS GROWING SUITE OF DATA-DRIVEN SOLUTION
Anomali partners OneWorld InfoTech for optimised cyber threat intelligence in Bangladesh
KUALA LUMPUR, June 22 -- Anomali and OneWorld InfoTech have entered into a partnership, giving OneWorld InfoTech, a technology provider and IT security solutions distributor in Bangladesh, the ability to deploy and support Anomali threat intelligence management solutions nationwide.
“Organisations recognise that without a high level of visibility over cyberthreats, there is no way to detect and respond to the constant attacks hitting their organisations,” said Anomali Vice-President (Asia Pacific), Geoff Noble in a statement.
“We are excited to partner with the top cybersecurity provider in Bangladesh, OneWorld InfoTech, to help customers there gain access to integrated cyber threat intelligence (CTI) solutions that will help them to improve security and reduce risk.”
OneWorld InfoTech, Global Director of Technology and Services, Maruf Ahmed said: “Anomali brings a unique approach to connect external data with internal knowledge to operationalise a unified intelligence picture for organisations to reduce risk across their environments.
“By expanding our IT security portfolio offering with Anomali, we expect to assist organisations in Bangladesh private and public sectors in building effective cyber threat intelligence programme and threat sharing communities to bolster defences exponentially.”
Anomali and OneWorld InfoTech joint customers receive the most advanced, comprehensive and easy-to-use CTI solutions available in the market today.
The Anomali delivers Anomali Lens, Anomali Match and Anomali ThreatStream.
-- BERNAMA
“Organisations recognise that without a high level of visibility over cyberthreats, there is no way to detect and respond to the constant attacks hitting their organisations,” said Anomali Vice-President (Asia Pacific), Geoff Noble in a statement.
“We are excited to partner with the top cybersecurity provider in Bangladesh, OneWorld InfoTech, to help customers there gain access to integrated cyber threat intelligence (CTI) solutions that will help them to improve security and reduce risk.”
OneWorld InfoTech, Global Director of Technology and Services, Maruf Ahmed said: “Anomali brings a unique approach to connect external data with internal knowledge to operationalise a unified intelligence picture for organisations to reduce risk across their environments.
“By expanding our IT security portfolio offering with Anomali, we expect to assist organisations in Bangladesh private and public sectors in building effective cyber threat intelligence programme and threat sharing communities to bolster defences exponentially.”
Anomali and OneWorld InfoTech joint customers receive the most advanced, comprehensive and easy-to-use CTI solutions available in the market today.
The Anomali delivers Anomali Lens, Anomali Match and Anomali ThreatStream.
-- BERNAMA
Saturday 20 June 2020
Align Technology, MedTech Innovator partnership to advance Asia Pacific health solutions
KUALA LUMPUR, June 19 -- Align Technology Inc has partnered with MedTech Innovator, the premier nonprofit startup accelerator in the medical technology industry.
According to a statement, the Los-Angeles based MedTech Innovator matches healthcare industry leaders with innovative medtech startups for mentorship and support.
This year, MedTech Innovator will select 20 startups to participate in its Asia Pacific Showcase programme and will award over US$300,000 in cash prizes, scholarships and in-kind services to its participants. (US$1 = RM4.283).
Align Technology will work with MedTech Innovator Asia Pacific to mentor and foster the growth of promising early to mid-stage companies selected for the 2020 Showcase programme and provide financial support to MedTech Innovator.
The support for the programme underscores Align Technology’s commitment to advancing health solutions and improving the lives of patients in the Asia Pacific region.
The MedTech Innovator Asia Pacific Program is held in partnership with the Asia Pacific Medical Technology Association.
-- BERNAMA
According to a statement, the Los-Angeles based MedTech Innovator matches healthcare industry leaders with innovative medtech startups for mentorship and support.
This year, MedTech Innovator will select 20 startups to participate in its Asia Pacific Showcase programme and will award over US$300,000 in cash prizes, scholarships and in-kind services to its participants. (US$1 = RM4.283).
Align Technology will work with MedTech Innovator Asia Pacific to mentor and foster the growth of promising early to mid-stage companies selected for the 2020 Showcase programme and provide financial support to MedTech Innovator.
The support for the programme underscores Align Technology’s commitment to advancing health solutions and improving the lives of patients in the Asia Pacific region.
The MedTech Innovator Asia Pacific Program is held in partnership with the Asia Pacific Medical Technology Association.
-- BERNAMA
Friday 19 June 2020
ASPIRE LEADERBOARD 2020: ASSENTIS POSITIONED AS A LEADER IN CCM
Aspire, a research company specializing in Customer Communication Management (CCM), has just updated the CCM Leaderboard for 2020, placing Assentis as one of the leaders in CCM in Europe and Asian markets.
ROTKREUZ, Switzerland, June 19 (Bernama-GLOBE NEWSWIRE) -- Aspire has made several adjustments to the analysis criteria in the CCM Leaderboard 2020. Among other changes, the default critical capabilities weighting is now more focused on "communication composition", reflecting its growing importance in the CCM field. This includes capabilities such as interactive creation, digital communication, online design and business authoring. In addition, the market presence in relation to both dimensions, i.e. "Capabilities" and "Strategic Direction" has now been incorporated. Due to these changes and new criteria, a direct comparison with last year's model is not possible. Nevertheless, a detailed analysis shows that Assentis has made the greatest positive year-on-year change, moving from Aspirational to the Leader quadrant.
ASPIRE LEADERBOARD 2020: ASSENTIS POSITIONED AS A LEADER IN CCM
ROTKREUZ, Switzerland, June 19 (Bernama-GLOBE NEWSWIRE) -- Aspire has made several adjustments to the analysis criteria in the CCM Leaderboard 2020. Among other changes, the default critical capabilities weighting is now more focused on "communication composition", reflecting its growing importance in the CCM field. This includes capabilities such as interactive creation, digital communication, online design and business authoring. In addition, the market presence in relation to both dimensions, i.e. "Capabilities" and "Strategic Direction" has now been incorporated. Due to these changes and new criteria, a direct comparison with last year's model is not possible. Nevertheless, a detailed analysis shows that Assentis has made the greatest positive year-on-year change, moving from Aspirational to the Leader quadrant.
ASPIRE LEADERBOARD 2020: ASSENTIS POSITIONED AS A LEADER IN CCM
HIBIKI PATH ADVISORS' ENGAGEMENT WITH ACCORDIA GOLF TRUST
SINGAPORE, June 19 (Bernama-BUSINESS WIRE) -- We, Hibiki Path Advisors Pte. Ltd. (“Hibiki”) manages and/or advises certain entities with aggregate holding of 7.6% of Accordia Golf Trust (“AGT”) shares as of 17th June, 2020. As one of the minority non-conflicted unitholders of AGT, Hibiki is currently actively engaging the trustee manager of AGT, Accordia Golf Trust Management (“AGTM”), expressing our deep concern on current situation.
HIBIKI PATH ADVISORS' ENGAGEMENT WITH ACCORDIA GOLF TRUST
HIBIKI PATH ADVISORS' ENGAGEMENT WITH ACCORDIA GOLF TRUST
Thursday 18 June 2020
Milrem Robotics leads consortium to develop European standardised unmanned ground system
KUALA LUMPUR, June 17 -- A consortium led by Milrem Robotics has received 30.6 million euros from the European Commission’s European Defence Industrial Development Programme to develop a European standardised unmanned ground system. (Euro 1 = RM4.82)
According to a statement, the consortium comprises several major defence, communication and cybersecurity companies as well as high technology SMEs.
The total cost of the project, titled integrated Modular Unmanned Ground System (iMUGS) is 32.6 million euros of which 30.6 million euros will be provided by the European Commission.
“iMUGS is an excellent example of how Europe can utilise and develop high-end technologies as a joint effort while avoiding scattering activities and resources,” said Milrem Robotics chief executive officer, Kuldar Väärsi.
The project will develop a modular and scalable architecture for hybrid manned-unmanned systems, standardising a European wide ecosystem for aerial and ground platforms, command, control and communication equipment, sensors, payloads and algorithms.
The prototype system will utilise an existing unmanned ground vehicle – Milrem Robotics’ THeMIS – and a specific list of payloads.
The project outcome will be demonstrated in operational environments and relevant climatic conditions as part of participating member states military exercises or at separate testing grounds.
State-of-the-art virtual and constructive simulation environments will also be set up.
-- BERNAMA
According to a statement, the consortium comprises several major defence, communication and cybersecurity companies as well as high technology SMEs.
The total cost of the project, titled integrated Modular Unmanned Ground System (iMUGS) is 32.6 million euros of which 30.6 million euros will be provided by the European Commission.
“iMUGS is an excellent example of how Europe can utilise and develop high-end technologies as a joint effort while avoiding scattering activities and resources,” said Milrem Robotics chief executive officer, Kuldar Väärsi.
The project will develop a modular and scalable architecture for hybrid manned-unmanned systems, standardising a European wide ecosystem for aerial and ground platforms, command, control and communication equipment, sensors, payloads and algorithms.
The prototype system will utilise an existing unmanned ground vehicle – Milrem Robotics’ THeMIS – and a specific list of payloads.
The project outcome will be demonstrated in operational environments and relevant climatic conditions as part of participating member states military exercises or at separate testing grounds.
State-of-the-art virtual and constructive simulation environments will also be set up.
-- BERNAMA
PubMatic OpenWrap OTT offers seamless TV-like viewer experiences
KUALA LUMPUR, June 17 -- Premium digital technology company, PubMatic has launched OpenWrap OTT, a header bidding solution that centralises 100 per cent of direct and programmatic demand while preserving a seamless TV-like viewer experience.
PubMatic has delivered over eight years of header bidding technology, and Prebid Server-based OpenWrap OTT helps publishers and advertisers realise the full economic potential of programmatic by optimising monetisation and viewer experience across the entire ad pod.
Clients including Kidoodle.TV®, Limpid, Glewed TV, Interpublic Group and MediaMath have already signed on to use OpenWrap OTT. Early performance results show an increase in fill rates for initial partners of more than 6x over tag integrations.
OpenWrap OTT includes full support for connected TV (CTV), mobile and desktop devices as well as implementations like Server-Side Ad Insertion which are often used by premium video publishers and key to provide viewers a true TV-like experience.
According to a statement, the technology is particularly valuable for the emerging OTT market because it removes many cumbersome dynamics of traditional TV buying and even fixed programmatic auctions.
The first globally available, scaled OTT header bidding solution powered by Prebid, OpenWrap OTT flattens the waterfall to increase buyer competition and drive incremental monetisation, while also solving for pervasive ad pod challenges like frequency capping, competitive exclusions and back-to-back ads.
The expansion of OpenWrap technology to OTT and CTV inventory is the latest innovation from PubMatic. With more than a decade of omnichannel monetisation expertise, PubMatic has pioneered the use of Prebid to power header bidding technology for display, video, mobile apps with OpenWrap SDK, and now CTV and OTT.
-- BERNAMA
PubMatic has delivered over eight years of header bidding technology, and Prebid Server-based OpenWrap OTT helps publishers and advertisers realise the full economic potential of programmatic by optimising monetisation and viewer experience across the entire ad pod.
Clients including Kidoodle.TV®, Limpid, Glewed TV, Interpublic Group and MediaMath have already signed on to use OpenWrap OTT. Early performance results show an increase in fill rates for initial partners of more than 6x over tag integrations.
OpenWrap OTT includes full support for connected TV (CTV), mobile and desktop devices as well as implementations like Server-Side Ad Insertion which are often used by premium video publishers and key to provide viewers a true TV-like experience.
According to a statement, the technology is particularly valuable for the emerging OTT market because it removes many cumbersome dynamics of traditional TV buying and even fixed programmatic auctions.
The first globally available, scaled OTT header bidding solution powered by Prebid, OpenWrap OTT flattens the waterfall to increase buyer competition and drive incremental monetisation, while also solving for pervasive ad pod challenges like frequency capping, competitive exclusions and back-to-back ads.
The expansion of OpenWrap technology to OTT and CTV inventory is the latest innovation from PubMatic. With more than a decade of omnichannel monetisation expertise, PubMatic has pioneered the use of Prebid to power header bidding technology for display, video, mobile apps with OpenWrap SDK, and now CTV and OTT.
-- BERNAMA
Wednesday 17 June 2020
ABC TECHNOLOGY RECOGNISED AS TECHNOLOGY PIONEER BY WORLD ECONOMIC FORUM
SINGAPORE, June 16 (Bernama-BUSINESS WIRE) -- Fintech innovator ABC Technology today announced its recognition as a Technology Pioneer by the World Economic Forum (WEF). It is one of just 15 Asian companies to receive this prestigious award. Selected from hundreds of candidates, it has distinctively set itself apart as a leading artificial intelligence (AI)-powered company that provides automation tools that significantly transform the way businesses work.
The WEF Technology Pioneer status is accorded to a select group of early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society. Past recipients include Airbnb, Google, Kickstarter, Mozilla, Spotify, TransferWise, Twitter, and Wikimedia.
“ABC Technology and its fellow pioneers are developing cutting edge technologies all over the world. Beyond their innovations, these firms are contributing greatly to improving the state of the world,” said Susan Nesbitt, Head of WEF’s Global Innovators Community, of which the Technology Pioneers community is an integral part of.
This acknowledgment comes hot on the heels of ABC Technology being named by research firm IDC as among the 101 fastest growing fintech companies in the Asia-Pacific region (excluding Japan) in April.
“We are honoured to be selected as a Technology Pioneer and to be counted among past luminaries. It is a solid endorsement of us as a thought leader in the AI space. Our AI platform combines computer vision and natural language processing to allow businesses to automate data processing and analysis, dramatically transforming the way they work,” said Mason Yang, CEO of ABC Technology.
ABC Technology has a strong focus in the institution banking and fund management sector. With its robust AI solution, unstructured document and financial statements that were once labour-intensive to extract and analyse can now be automated.
“We are continually working with businesses across industries to increase automation of data processing to save time and increase efficiency. On a global front, ABC Technology is on a growth momentum and is actively seeking partners to help bring our technology to organisations around the world,” said Tay Lip Sing, Vice President of International Business of ABC Technology.
About ABC Technology
Founded in 2017, ABC Technology (www.abcfintech.com) is a financial technology solution provider with offices in China, Hong Kong and Singapore.
http://mrem.bernama.com/viewsm.php?idm=37559
The WEF Technology Pioneer status is accorded to a select group of early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society. Past recipients include Airbnb, Google, Kickstarter, Mozilla, Spotify, TransferWise, Twitter, and Wikimedia.
“ABC Technology and its fellow pioneers are developing cutting edge technologies all over the world. Beyond their innovations, these firms are contributing greatly to improving the state of the world,” said Susan Nesbitt, Head of WEF’s Global Innovators Community, of which the Technology Pioneers community is an integral part of.
This acknowledgment comes hot on the heels of ABC Technology being named by research firm IDC as among the 101 fastest growing fintech companies in the Asia-Pacific region (excluding Japan) in April.
“We are honoured to be selected as a Technology Pioneer and to be counted among past luminaries. It is a solid endorsement of us as a thought leader in the AI space. Our AI platform combines computer vision and natural language processing to allow businesses to automate data processing and analysis, dramatically transforming the way they work,” said Mason Yang, CEO of ABC Technology.
ABC Technology has a strong focus in the institution banking and fund management sector. With its robust AI solution, unstructured document and financial statements that were once labour-intensive to extract and analyse can now be automated.
“We are continually working with businesses across industries to increase automation of data processing to save time and increase efficiency. On a global front, ABC Technology is on a growth momentum and is actively seeking partners to help bring our technology to organisations around the world,” said Tay Lip Sing, Vice President of International Business of ABC Technology.
About ABC Technology
Founded in 2017, ABC Technology (www.abcfintech.com) is a financial technology solution provider with offices in China, Hong Kong and Singapore.
http://mrem.bernama.com/viewsm.php?idm=37559
Tuesday 16 June 2020
FPT-Mila partnership set to enhance AI expertise, capabilities
KUALA LUMPUR, June 15 — Vietnam’s largest IT service provider, FPT has signed a strategic partnership agreement with Quebec-based research centre, Mila in an attempt to enhance Artificial Intelligence (AI) expertise and capabilities.
Located in the heart of Quebec’s AI ecosystem, Mila is the world’s largest academic lab specialised in deep learning with a community of 450 researchers dedicated to scientific excellence and innovation.
According to a statement, FPT is the first company in Southeast Asia to enter the Mila partner network, joining industry giants including Google, Microsoft and Facebook.
The three-year agreement which was signed virtually, will see the two sides collaborate on a number of areas, including strengthening FPT’s AI expertise and capabilities, strategic consulting to help FPT develop its AI centre in central Vietnam, training and exchange of AI talents.
The partnership is expected to help FPT deliver many more real-world AI applications such as those in natural language processing, smart factory, healthcare and agriculture, among others.
According to FPT Chairman, Truong Gia Binh, the partnership is aligned with FPT’s strategic goal of becoming the world’s leading digital transformation services provider.
“With Mila’s extensive experiences and our determination, we are positive that our AI solutions will be upgraded constantly to help businesses enhance operations, transform themselves, and leap forward in the new normal.”
As the region’s leading ICT corporation, FPT has been active in research and development of core advanced technologies such as AI, Big Data, Cloud Computing and Robot Processing Automation.
More details at https://www.fpt-software.com/
— BERNAMA
BIGSPRING AWARDED AS TECHNOLOGY PIONEER BY WORLD ECONOMIC FORUM
· The World Economic Forum announced its selection of over 100 of the most promising Technology Pioneers of 2020, who are shaping industries from agriculture to healthcare while also working on sustainability issues and much more.
· Many Technology Pioneers are also using their tech to support COVID-19 responses around the world.
· BigSpring, a mobile platform that offers lifelong learning for every worker and every job, was selected for enabling rapid deployment of market-relevant skills with measurable ROI - well-suited to solve the global skilling crisis, magnified by COVID-19.
· The full list of recognized Technology Pioneers can be viewed here.
BIGSPRING AWARDED AS TECHNOLOGY PIONEER BY WORLD ECONOMIC FORUM
· Many Technology Pioneers are also using their tech to support COVID-19 responses around the world.
· BigSpring, a mobile platform that offers lifelong learning for every worker and every job, was selected for enabling rapid deployment of market-relevant skills with measurable ROI - well-suited to solve the global skilling crisis, magnified by COVID-19.
· The full list of recognized Technology Pioneers can be viewed here.
BIGSPRING AWARDED AS TECHNOLOGY PIONEER BY WORLD ECONOMIC FORUM
HEYHI SELECTS VONAGE TO POWER GLOBAL ONLINE EDUCATION PLATFORM
· Vonage’s Video APIs are embedded within HeyHi’s online educational solutions
· Digital communications now a critical means of providing educational services in response to COVID-19SINGAPORE, June 16 (Bernama-BUSINESS WIRE) -- Singapore-based HeyHi, an interactive online educational platform, has chosen Vonage (Nasdaq: VG), a global leader in cloud communications helping businesses accelerate their digital transformation, to power outstanding online classroom learning experiences to schools, learning centers, tuition centers and private tutors in Asia and North America.
HeyHi’s platform offers a fully interactive whiteboard with unlimited writing space and multiple screens, designed for interactive real-time, online learning. With an easy-to-use interface that simplifies the learning process using video, screen sharing, and instant messaging, it is compatible with any device and suitable for students of all ages.
HEYHI SELECTS VONAGE TO POWER GLOBAL ONLINE EDUCATION PLATFORM
· Digital communications now a critical means of providing educational services in response to COVID-19SINGAPORE, June 16 (Bernama-BUSINESS WIRE) -- Singapore-based HeyHi, an interactive online educational platform, has chosen Vonage (Nasdaq: VG), a global leader in cloud communications helping businesses accelerate their digital transformation, to power outstanding online classroom learning experiences to schools, learning centers, tuition centers and private tutors in Asia and North America.
HeyHi’s platform offers a fully interactive whiteboard with unlimited writing space and multiple screens, designed for interactive real-time, online learning. With an easy-to-use interface that simplifies the learning process using video, screen sharing, and instant messaging, it is compatible with any device and suitable for students of all ages.
HEYHI SELECTS VONAGE TO POWER GLOBAL ONLINE EDUCATION PLATFORM
Friday 12 June 2020
BEST'S MARKET SEGMENT REPORT: INSURERS' SOLID CAPITAL LEVELS, GROWTH PROSPECTS SUPPORT STABLE OUTLOOK ON VIETNAM NON-LIFE SECTOR
SINGAPORE, June 12 (Bernama-BUSINESS WIRE) -- AM Best has assigned a stable market segment outlook to Vietnam’s non-life insurance segment, citing solid risk-adjusted capitalisation levels among market participants, supported by conservative investment portfolios, and demographic and demand factors that support medium- to long-term growth prospects. Spillover effects of the ongoing U.S.-China trade war, which likely will benefit Vietnam, is also a factor that supports the stable outlook.
A new Best’s Market Segment Report, titled, “Market Segment Outlook: Vietnam Non-Life,” states that Vietnam’s non-life insurance market grew by 12% in 2019 to VND 52.3 trillion (USD 2.2 billion) in terms of direct premiums written (DPW). The health and personal accident and fire classes of business recorded remarkable growth of 20% and 30%, respectively, in 2019, supporting the sector’s overall strong growth. Notably, the primary drivers of business growth have been the health and motor insurance businesses, which registered robust 10-year compound annual growth rates of 27% and 18%, respectively.
BEST'S MARKET SEGMENT REPORT: INSURERS' SOLID CAPITAL LEVELS, GROWTH PROSPECTS SUPPORT STABLE OUTLOOK ON VIETNAM NON-LIFE SECTOR
A new Best’s Market Segment Report, titled, “Market Segment Outlook: Vietnam Non-Life,” states that Vietnam’s non-life insurance market grew by 12% in 2019 to VND 52.3 trillion (USD 2.2 billion) in terms of direct premiums written (DPW). The health and personal accident and fire classes of business recorded remarkable growth of 20% and 30%, respectively, in 2019, supporting the sector’s overall strong growth. Notably, the primary drivers of business growth have been the health and motor insurance businesses, which registered robust 10-year compound annual growth rates of 27% and 18%, respectively.
BEST'S MARKET SEGMENT REPORT: INSURERS' SOLID CAPITAL LEVELS, GROWTH PROSPECTS SUPPORT STABLE OUTLOOK ON VIETNAM NON-LIFE SECTOR
Thursday 11 June 2020
GIKEN LTD receives first place in Amsterdam’s Innovation Partnership Quay Wall project
KUALA LUMPUR, June 10 -- GIKEN LTD, based in Kochi, Japan, and group company Giken Europe B.V. of Almere, the Netherlands, have been awarded first place in the Innovation Partnership Quay Wall project for its innovation in construction methodology proposal on the wall renovation for a World Heritage-listed canal district in Amsterdam.
GIKEN and its G-Kracht (G Force) partners, Gebr. De Koning BV and Van Gelder Group BV were selected for first place from a field of 16 international parties and have entered into a partnership agreement with the Amsterdam City Government.
Amsterdam owns and manages a network of 400-year-old bridges and quays which are vulnerable due to advanced age. Traditional construction methodologies for quay wall repair require the construction and use of temporary work platforms and removal of existing structures prior to the construction of a new wall.
The process is complex, time-consuming and costly. The Amsterdam Government, moving away from traditional approaches, put an international call out for innovations that could shorten construction times and minimise environmental impacts while protecting the cityscape.
GIKEN’s Gyropress (TM) Method enables the installation of piles directly through the existing canal structure, eliminating the need for demolition and temporary works, while Giken GRB (TM) System enables construction equipment to ‘walk’ along the installed pile wall, eliminating temporary work platforms and minimising the construction footprint.
Following further detailed design work and project-specific product development, the pilot installation phase is to commence in 2021. Once demonstrated, the methodology is expected to be adopted as a standard construction method for the more than 200km of quay wall renovation scheduled for Amsterdam.
-- BERNAMA
GIKEN and its G-Kracht (G Force) partners, Gebr. De Koning BV and Van Gelder Group BV were selected for first place from a field of 16 international parties and have entered into a partnership agreement with the Amsterdam City Government.
Amsterdam owns and manages a network of 400-year-old bridges and quays which are vulnerable due to advanced age. Traditional construction methodologies for quay wall repair require the construction and use of temporary work platforms and removal of existing structures prior to the construction of a new wall.
The process is complex, time-consuming and costly. The Amsterdam Government, moving away from traditional approaches, put an international call out for innovations that could shorten construction times and minimise environmental impacts while protecting the cityscape.
GIKEN’s Gyropress (TM) Method enables the installation of piles directly through the existing canal structure, eliminating the need for demolition and temporary works, while Giken GRB (TM) System enables construction equipment to ‘walk’ along the installed pile wall, eliminating temporary work platforms and minimising the construction footprint.
Following further detailed design work and project-specific product development, the pilot installation phase is to commence in 2021. Once demonstrated, the methodology is expected to be adopted as a standard construction method for the more than 200km of quay wall renovation scheduled for Amsterdam.
-- BERNAMA
Tuesday 9 June 2020
ELEVAT8 CREATES A NEW ONLINE FINANCIAL PLANNING PROGRAM FOR SME & COMPANIES OPERATING IN MALAYSIA
From left: Natasha Idayu, financial planner working with Sabrina Tan, COO and Lim Yee Von CEO of Elevat8 to understand and assess their client's financial planning goals.
KUALA LUMPUR, June 9 (Bernama) -- The current COVID-19 pandemic has prompted Lim Yee Von and Sabrina Tan, the two young financial planners to create Elevat8, a platform to facilitate and help professionals and companies to have a better understanding on financial planning.
Elevat8 provides complimentary financial planning advisory to all the employees and management of SME and companies operating in Malaysia. The first uniquely designed Financial Fitness Program (FFP) focusses on financial assessment in family protection or restructuring protection, cash liquidity planning during emergency or crisis and children education planning. It is a custom made program in personal financial planning that will provide better understanding on how to manage their cash flow especially during crisis.
This program initially was designed for a face-to-face consultation but due to the lockdown, Elevat8 quickly transform the whole program to online.
“We took a leap of faith to go for digital transformation. We were so used to using the conventional methods of doing financial planning and we discovered there were limitation. Online and digital transformation has opened up many possibilities for us to reach out to our existing and potential clients.” says Lim Yee Von, CEO of ELEVAT8.
There were some resistance from their fellow peers in the beginning but as soon as they witnessed Elevat8 profound success in transforming their activities to online and digital, they received many positive feedbacks and many has started following their footsteps.
Elevat8 COO Sabrina Tan added: “We are dealing with unprecedented levels of stress and anxiety in responding towards COVID-19. What employees and coworkers might need right now will be the ability to first manage their financial. With this program we believe it will further strengthen your whole organization when the employees and staffs have a better understanding on how they should manage their financial properly.”
Recently they both have successfully assisted few companies during this MCO and CMCO by engaging their management and staffs through an online conference session. The engagement was very encouraging and we manage to provide guidance and solutions for their workforce to better manage their financials.
During MCO, both Yee Von and Sabrina has organized numerous webinars for the public that reaches thousands of audience with key industry leaders and celebrities as their panelists. Most of the topics of discussion focusses on how business owners can weather this COVID-19 mostly through innovation and financial management.
Bon Zainal bin Harun, President of Malaysian Bumiputra Designer Association complimented their efforts. “Both Sabrina and Yee Von provided a very good platform to educate the public on branding and personal finance management.”
While Datin Winnie Loo, Deputy President of Branding Association of Malaysia applauded their efforts “All I wanted was to accept FB live interviews to encourage more people out there to stay strong and not allowing this crisis to dampen their spirit and wellbeing. I like the initiatives provided by both Yee Von and Sabrina to reach out more to the public.”
CEO of Elevat8, Lim Yee Von added: “This Financial Fitness Program (FFP) is for anyone who wants to learn to manage their financials and have a better understanding how to manage their cash flow.”
https://www.facebook.com/elevat8.me/
SOURCE: INTESTARS BUSINESS VENTURES
Friday 5 June 2020
Infusive Asset Management's UCITS Fund now available to UBS private clients
KUALA LUMPUR, June 3 -- Infusive Asset Management recently announced that its UCITS Fund has become available to UBS Wealth Management, the world’s largest private wealth manager.
According to a statement, the fund, which has been approved for investment globally, is now available to UBS private clients.
Infusive chief executive officer, Andrea Ruggeri said: “UBS has a worldwide reputation for excellence, and having them put their faith in our fund is truly exciting and a step forward in our efforts to share our unique investing approach with industry professionals and private clients globally.”
Infusive’s portfolio is accessible via its ETF (NYSE: JOYY), consists of a carefully vetted list of public companies that derive the majority of their revenue from goods or services that are based on desires and impulses that drive consumer decisions.
In addition to their investment strategy, Infusive believes its Risk Mitigation Program works to minimise short-term market volatility to help Infusive beat market average and deliver consistent return, even in times of unpredictable market behaviour.
-- BERNAMA
According to a statement, the fund, which has been approved for investment globally, is now available to UBS private clients.
Infusive chief executive officer, Andrea Ruggeri said: “UBS has a worldwide reputation for excellence, and having them put their faith in our fund is truly exciting and a step forward in our efforts to share our unique investing approach with industry professionals and private clients globally.”
Infusive’s portfolio is accessible via its ETF (NYSE: JOYY), consists of a carefully vetted list of public companies that derive the majority of their revenue from goods or services that are based on desires and impulses that drive consumer decisions.
In addition to their investment strategy, Infusive believes its Risk Mitigation Program works to minimise short-term market volatility to help Infusive beat market average and deliver consistent return, even in times of unpredictable market behaviour.
-- BERNAMA
Thursday 4 June 2020
PVH Corp appoints Martijn Hagman as Tommy Hilfiger Global & PVH Europe CEO
KUALA LUMPUR, June 3 -- PVH Corp has announced that Martijn Hagman will succeed Daniel Grieder as Tommy Hilfiger Global & PVH Europe chief executive officer (CEO), effective June 2.
According to a statement, Grieder is stepping down after 23 years in various management roles within the organisation, to pursue other interests.
Hagman is currently Tommy Hilfiger Global & PVH Europe chief operating officer and Tommy Hilfiger Global chief financial officer, overseeing operations, finance, digital business transformation, technology, business development and the Tommy Hilfiger global sustainability programme.
He is a 12-year veteran of the Tommy Hilfiger leadership team and has been instrumental in Tommy Hilfiger’s impressive global expansion and the strategy that has led to PVH Europe’s consistent year-over-year growth.
Under Grieder’s entrepreneurial leadership, Tommy Hilfiger has been positioned as a leading lifestyle company with best-in-class product, consumer engagement, digitalisation and corporate responsibility initiatives.
Since Grieder became CEO in 2014, the Tommy Hilfiger business grew from US$6 billion to over US$9 billion in retail sales in 2019, and the Calvin Klein European business more than doubled in revenues and earnings. (US$1 = RM4.25)
Grieder will help transition his responsibilities over the next few months to ensure a smooth and successful transition.
Both Grieder and Hagman have worked side by side with the brand’s founder and principal designer, Tommy Hilfiger for many years.
-- BERNAMA
According to a statement, Grieder is stepping down after 23 years in various management roles within the organisation, to pursue other interests.
Hagman is currently Tommy Hilfiger Global & PVH Europe chief operating officer and Tommy Hilfiger Global chief financial officer, overseeing operations, finance, digital business transformation, technology, business development and the Tommy Hilfiger global sustainability programme.
He is a 12-year veteran of the Tommy Hilfiger leadership team and has been instrumental in Tommy Hilfiger’s impressive global expansion and the strategy that has led to PVH Europe’s consistent year-over-year growth.
Under Grieder’s entrepreneurial leadership, Tommy Hilfiger has been positioned as a leading lifestyle company with best-in-class product, consumer engagement, digitalisation and corporate responsibility initiatives.
Since Grieder became CEO in 2014, the Tommy Hilfiger business grew from US$6 billion to over US$9 billion in retail sales in 2019, and the Calvin Klein European business more than doubled in revenues and earnings. (US$1 = RM4.25)
Grieder will help transition his responsibilities over the next few months to ensure a smooth and successful transition.
Both Grieder and Hagman have worked side by side with the brand’s founder and principal designer, Tommy Hilfiger for many years.
-- BERNAMA
Wednesday 3 June 2020
WORKING VISIT OF MINISTER OF SCIENCE, TECHNOLOGY AND INNOVATION TO TECHNOLOGY PARK MALAYSIA
YB Khairy viewing TPM’s rehabilitation robot used in the recuperation process of disabled patients during his visit to TPM.
KUALA LUMPUR, June 3 (Bernama) -- The Minister of Science, Technology and Innovation (MOSTI), YB Khairy Jamaluddin and his deputy, Tuan Haji Ahmad Amzad Hashim undertook a working visit to Technology Park Malaysia (TPM) in Bukit Jalil on 2 June 2020. This is their first visit to TPM since assuming the post of MOSTI Minister and Deputy Minister.
During the visit, they met TPM Corporation’s Chairman, YB Datuk Abu Samah Bachik and Acting Chief Executive Officer, Sharbani Harun to discuss progress and expansions of the park, as well as issues of mutual interests.
The minister and his entourage also paid a visit TPM incubate, BNetworks Sdn.Bhd that develops, manufactures and provides end-to-end Internet of Things (IoT) solution for smart city, smart living, connected hospitality and assisted living market segments. Their bWave Universal IoT solution is a multiple award winning locally manufactured and the 1st commercialized IoT solution in Malaysia.
This visit provided an opportunity to monitor and analyse agencies’s developments, strengthen the existing strong MOSTI-agency relations and to uphold MOSTI’s mission and interests.
Technology Park Malaysia, an agency of the Ministry of Science, Technology and Innovation, has an integrated infrastructure, facilities and support services to assist technopreneurs who are keen to commercialize their ideas in the four industry clusters, namely, ICT, Engineering, Biotechnology and Green Technology.
Issued by:
Corporate Communications Department
Technology Park Malaysia Corporation Sdn Bhd
SOURCE : Technology Park Malaysia Corporation Sdn Bhd
OMERS Announces Blake Hutcheson As New CEO To Continue Global Expansion
TORONTO, June 2 (Bernama-GLOBE NEWSWIRE) -- OMERS is pleased to announce the official appointment of Blake Hutcheson as President and CEO, effective today. Mr. Hutcheson, currently OMERS President, succeeds Michael Latimer as CEO. His appointment supports OMERS long-term plans for continued global expansion and completes the leadership transition announced in December 2019.
“Since its founding in 1962, OMERS has lived its purpose as a defined benefit pension plan to meet the retirement income needs of its members which consists of employees of municipal governments and local agencies and boards in the Province of Ontario,” said Mr. Hutcheson. “Right now, many OMERS members are working directly on the frontlines of Ontario’s response to the pandemic. I am deeply honoured and humbled to have the opportunity to work every day for them and all of our more than 500,000 members, and 1,000 employers.”
“It is a privilege to lead this purpose-driven organization. I am blessed to be surrounded by an outstanding, world-class team of deeply committed senior executives who put the best interests of our members above all else. Together, we will position OMERS to meet current and emerging challenges, find new opportunities to grow and deliver on our promise to our members,” Mr. Hutcheson added.
“On behalf of the OMERS Administration Corporation’s (AC) Board of Directors, I want to express our support for Blake as CEO. Throughout my career, I have worked with many successful CEOs, and I cannot think of anyone better suited to lead us at this point in our journey,” said George Cooke, Chair of the OMERS AC Board. “Canadian defined benefit pension plans, such as OMERS, have over time become globally-significant investors, active across various asset classes. In our case, OMERS world-wide investment footprint now stretches from Singapore to Stockholm to Santiago de Chile. This speaks to the strong foundation patiently constructed by Blake’s predecessors and given his more than 10-year track record with OMERS, we know Blake will skillfully build on that foundation, delivering on plans for further expansion,” he added.
Additional Background on Blake Hutcheson:
Blake Hutcheson is now officially President and CEO of OMERS. He is responsible for the overall leadership and performance of the OMERS enterprise. Prior to that, he was OMERS President and Chief Pension Officer. He previously served as President and CEO of Oxford Properties Group from 2010 to June of 2018.
Prior to OMERS, Mr. Hutcheson headed Global Real Estate with Mount Kellett Capital Management, an international private equity firm, and prior to that he was Chairman and President of the Canadian, Latin American, and Mexican operations for CB Richard Ellis, the world’s largest real estate services company.
A former recipient of Canada’s Top 40 Under 40, Mr. Hutcheson is a graduate of the University of Western Ontario. He also completed a Graduate Diploma in International and Comparative Politics at the London School of Economics (with Distinction) and a Master’s Degree in Real Estate Development at Columbia University (from which he received the Distinctive Alumni Award in 2017).
Additional biographical details are available via:
https://www.omers.com/About-OMERS/Leadership/Blake-Hutcheson
http://mrem.bernama.com/viewsm.php?idm=37463
“Since its founding in 1962, OMERS has lived its purpose as a defined benefit pension plan to meet the retirement income needs of its members which consists of employees of municipal governments and local agencies and boards in the Province of Ontario,” said Mr. Hutcheson. “Right now, many OMERS members are working directly on the frontlines of Ontario’s response to the pandemic. I am deeply honoured and humbled to have the opportunity to work every day for them and all of our more than 500,000 members, and 1,000 employers.”
“It is a privilege to lead this purpose-driven organization. I am blessed to be surrounded by an outstanding, world-class team of deeply committed senior executives who put the best interests of our members above all else. Together, we will position OMERS to meet current and emerging challenges, find new opportunities to grow and deliver on our promise to our members,” Mr. Hutcheson added.
“On behalf of the OMERS Administration Corporation’s (AC) Board of Directors, I want to express our support for Blake as CEO. Throughout my career, I have worked with many successful CEOs, and I cannot think of anyone better suited to lead us at this point in our journey,” said George Cooke, Chair of the OMERS AC Board. “Canadian defined benefit pension plans, such as OMERS, have over time become globally-significant investors, active across various asset classes. In our case, OMERS world-wide investment footprint now stretches from Singapore to Stockholm to Santiago de Chile. This speaks to the strong foundation patiently constructed by Blake’s predecessors and given his more than 10-year track record with OMERS, we know Blake will skillfully build on that foundation, delivering on plans for further expansion,” he added.
Additional Background on Blake Hutcheson:
Blake Hutcheson is now officially President and CEO of OMERS. He is responsible for the overall leadership and performance of the OMERS enterprise. Prior to that, he was OMERS President and Chief Pension Officer. He previously served as President and CEO of Oxford Properties Group from 2010 to June of 2018.
Prior to OMERS, Mr. Hutcheson headed Global Real Estate with Mount Kellett Capital Management, an international private equity firm, and prior to that he was Chairman and President of the Canadian, Latin American, and Mexican operations for CB Richard Ellis, the world’s largest real estate services company.
A former recipient of Canada’s Top 40 Under 40, Mr. Hutcheson is a graduate of the University of Western Ontario. He also completed a Graduate Diploma in International and Comparative Politics at the London School of Economics (with Distinction) and a Master’s Degree in Real Estate Development at Columbia University (from which he received the Distinctive Alumni Award in 2017).
Additional biographical details are available via:
https://www.omers.com/About-OMERS/Leadership/Blake-Hutcheson
http://mrem.bernama.com/viewsm.php?idm=37463
Black & Veatch to investigate Tai Po Sewage Treatment Works upgrade
KUALA LUMPUR, June 2 -- The Drainage Services Department (DSD) of the Government of the Hong Kong Special Administrative Region has selected Black & Veatch to conduct a three-year investigation into upgrading the Tai Po Sewage Treatment Works (STW).
According to a statement, Hong Kong is improving resource efficiency, meeting resource recovery targets, while optimising infrastructure lifecycle opportunities.
“Black & Veatch is committed to support our clients, like DSD, through infrastructure lifecycle opportunities. Black & Veatch specialises in the design of integrated wastewater treatment and resource recovery facilities,” said Black & Veatch Asia North Managing Director, Andy Kwok.
“Our professionals have worked on many advanced STW projects worldwide which required innovative approaches to overcome constraints that are similar to those in Tai Po STW.”
One objective of the Tai Po STW upgrade is to increase the capacity of sewage treatment, biosolids management, energy recovery and sewage discharge disposal to support the housing and economic needs of the Tai Po District.
Black & Veatch is tasked to provide review, site investigation, impact assessments and preliminary design for the upgrading of Tai Po STW.
Core innovations that will be assessed for the Tai Po STW upgrade include uncertainty-based dynamic process modelling, low-energy solutions and high solids digestion.
Black & Veatch is a world leader in the design, construction, testing, start up, commissioning, and operation of advanced sewage treatment facilities. More details at www.bv.com.
-- BERNAMA
According to a statement, Hong Kong is improving resource efficiency, meeting resource recovery targets, while optimising infrastructure lifecycle opportunities.
“Black & Veatch is committed to support our clients, like DSD, through infrastructure lifecycle opportunities. Black & Veatch specialises in the design of integrated wastewater treatment and resource recovery facilities,” said Black & Veatch Asia North Managing Director, Andy Kwok.
“Our professionals have worked on many advanced STW projects worldwide which required innovative approaches to overcome constraints that are similar to those in Tai Po STW.”
One objective of the Tai Po STW upgrade is to increase the capacity of sewage treatment, biosolids management, energy recovery and sewage discharge disposal to support the housing and economic needs of the Tai Po District.
Black & Veatch is tasked to provide review, site investigation, impact assessments and preliminary design for the upgrading of Tai Po STW.
Core innovations that will be assessed for the Tai Po STW upgrade include uncertainty-based dynamic process modelling, low-energy solutions and high solids digestion.
Black & Veatch is a world leader in the design, construction, testing, start up, commissioning, and operation of advanced sewage treatment facilities. More details at www.bv.com.
-- BERNAMA
Tuesday 2 June 2020
Ceridian Completes Acquisition Of Singapore-based Excelity Global
MINNEAPOLIS and TORONTO and SINGAPORE, June 1 (Bernama-GLOBE NEWSWIRE) — Ceridian (NYSE: CDAY; TSX: CDAY), a global leader in human capital management (HCM) technology, today announced it has completed the acquisition of Excelity Global Solutions Pte Ltd. (Excelity), an Asia-based HCM service provider from the Everstone Group. The acquisition was previously announced on May 5, 2020 and closed and became effective today.
“The acquisition of Excelity is an important next step in our global expansion and builds on our recent investment in Australia and New Zealand. We welcome our new colleagues, customers and partners, and we look forward to extending our HCM leadership in the Asia Pacific Japan region,” said David Ossip, Chairman and CEO, Ceridian. “Ceridian has 4,480 customers on the Dayforce cloud platform, and we are excited to bring the full power of Dayforce to customers in the APJ region.”
“As we welcome the Excelity team to Ceridian, we are strengthening our commitment to our customers in the highly attractive APJ region,” said Stephen Moore, Head of Asia Pacific Japan, Ceridian. “Now more than ever, organizations need to make intelligent decisions that deliver hard dollar value, and Ceridian is uniquely positioned to help organizations deliver quantifiable value and create simple, modern experiences that employees will love.”
Founded in 1997, Excelity works with more than 300 customers across the APAC region. It operates its proprietary native payroll platform in India, China, Hong Kong, Indonesia, Japan, Malaysia, the Philippines, Singapore, South Korea, Taiwan, Thailand, Australia, and New Zealand delivered through the Managed Services, Platform as a Service (PaaS) and Software as a Service (SaaS) models. A leading HR outsourcing services partner in the region, Excelity delivers over 1.2 million payslips per month. Customers include Forbes, Volvo, Emerson, Oracle, QBE, Palo Alto Networks, Mammoet, Lufthansa, Uber, and Mondelez.
http://mrem.bernama.com/viewsm.php?idm=37459
“The acquisition of Excelity is an important next step in our global expansion and builds on our recent investment in Australia and New Zealand. We welcome our new colleagues, customers and partners, and we look forward to extending our HCM leadership in the Asia Pacific Japan region,” said David Ossip, Chairman and CEO, Ceridian. “Ceridian has 4,480 customers on the Dayforce cloud platform, and we are excited to bring the full power of Dayforce to customers in the APJ region.”
“As we welcome the Excelity team to Ceridian, we are strengthening our commitment to our customers in the highly attractive APJ region,” said Stephen Moore, Head of Asia Pacific Japan, Ceridian. “Now more than ever, organizations need to make intelligent decisions that deliver hard dollar value, and Ceridian is uniquely positioned to help organizations deliver quantifiable value and create simple, modern experiences that employees will love.”
Founded in 1997, Excelity works with more than 300 customers across the APAC region. It operates its proprietary native payroll platform in India, China, Hong Kong, Indonesia, Japan, Malaysia, the Philippines, Singapore, South Korea, Taiwan, Thailand, Australia, and New Zealand delivered through the Managed Services, Platform as a Service (PaaS) and Software as a Service (SaaS) models. A leading HR outsourcing services partner in the region, Excelity delivers over 1.2 million payslips per month. Customers include Forbes, Volvo, Emerson, Oracle, QBE, Palo Alto Networks, Mammoet, Lufthansa, Uber, and Mondelez.
http://mrem.bernama.com/viewsm.php?idm=37459
Subscribe to:
Posts (Atom)