Tuesday, June 30, 2020

COVID-19: Flywire unveils payment plan options to improve tuition affordability

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

Wednesday, June 24, 2020

ANOMALI PARTNERS WITH ONEWORLD INFOTECH TO BRING OPTIMIZED CYBER THREAT INTELLIGENCE TO BANGLADESH

DHAKA, Bangladesh, June 22 (Bernama-GLOBE NEWSWIRE) -- Anomali, a provider of intelligence-driven cybersecurity solutions, and OneWorld InfoTech, the leading technology provider and IT security solutions distributor in Bangladesh, today announced that the companies have entered into a partnership, giving OneWorld InfoTech the ability to deploy and support Anomali threat intelligence management solutions across the country.

“Organizations recognize that without a high level of visibility over cyberthreats, there is no way to detect and respond to the constant attacks hitting their organizations,” said Geoff Noble, VP, Asia Pacific, Anomali. “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.”

“Anomali brings a unique approach to connect external data with internal knowledge to operationalize a unified intelligence picture for organizations to reduce risk across their environments. By expanding our IT security portfolio offering with Anomali, we expect to assist organizations in Bangladesh private and public sectors in building effective cyber threat intelligence program and threat sharing communities to bolster defenses exponentially,” said Maruf Ahmed, Global Director of Technology and Services, OneWorld InfoTech.

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 - This first-of-its-kind technology allows anyone to automatically and immediately know if their organizations are being attacked, who adversaries are, and if the attacks have been successful. With one click, Anomali Lens scans web-based content, detects and highlights all threats identified within, provides easy-to-understand details about the threats and tells users if any threats are already present in their networks. Structured and unstructured web content Anomali Lens scans include news, blogs, research, bulletins, SIEM logs, other security logs, IR reports, Twitter and other social networks.

Anomali Match - Anomali Match integrates CTI, MISP data, OSINT, SIEM logs, vulnerability assessment tools, and other big data sources to match billions of indicators of compromise (IOCs) and threats against any that are present in customers’ networks. By providing automated, retrospective analysis for extended periods, users detect threats and compromises that have been present for short and long durations.

http://mrem.bernama.com/viewsm.php?idm=37592

Tuesday, June 23, 2020

PayID to simplify process of sending, receiving money globally

KUALA LUMPUR, June 19 -- Leading technology, finance and nonprofit companies have joined forces to launch PayID, a universal payment ID to simplify the process of sending and receiving money globally, across any payment network and currency.

According to a statement, GoPay, Ripple, Blockchain.com, BitPay, Brave, Flutterwave, Mercy Corps and others have collaborated on the development of PayID through the Open Payments Coalition, a multinational alliance of industry leaders.

PayID brings together companies across all industries with an open solution for payments, marrying traditional finance, and the new world of fintech under one standard.

Over 40 global companies and nonprofits reaching more than 100 million consumers worldwide have joined the Open Payments Coalition to break down the proprietary silos and standards that exist in payments, accelerate the adoption of digital payments, and change the way money is sent worldwide.

With support from companies across industries, PayID is the first global solution to address the biggest pain point in payments, uniting the many, closed payment networks that exist today.

Whether a bank, payment provider or processor, digital wallet, or remittance provider, PayID is designed for any business that sends or receives money. Implementing PayID is simple, and makes it possible for companies to access more networks, consumers and currencies to expand businesses globally.

In addition, PayID provides an end-to-end Travel Rule compliance solution for satisfying both FinCEN requirements and FATF recommendations.

More details at www.payid.org.

-- BERNAMA

Saturday, June 20, 2020

Wittkieffer Singapore office as executive search hub for Asia-Pacific market

KUALA LUMPUR, June 18 -- Global executive search firm, WittKieffer has expanded into the Asia-Pacific market with the opening of an office in Singapore, headed by Managing Director, Anissa Low.

The Singapore office will allow WittKieffer to operate seamlessly on a global scale, to source talent across continents and serve clients in healthcare, education and life sciences wherever they are located.

According to a statement, WittKieffer selected Singapore as the regional hub for its Asia-Pacific services as part of its commitment to support multinational clients with comprehensive access to the global talent pool.

“Under the leadership of Anissa Low, WittKieffer’s clients will receive the focused attention and exceptional service they expect of our firm, along with localised insights needed to remain competitive in a tight executive talent market,” said WittKieffer President and Chief Executive Officer, Andrew Chastain.

Low will oversee all Southeast Asia operations. Her depth of expertise in the Asian marketplace - nearly 15 years of executive search experience in healthcare and life sciences  - will benefit clients seeking comprehensive, strategic approaches to securing executive talent.

Prior to WittKieffer, Low served as Director of Healthcare & Life Sciences, Consumer & Industrial for a leading global executive recruiting firm.

More details at wittkieffer.com

-- BERNAMA

Friday, June 12, 2020

COVID-19: Pulse Secure extends Pulse Cares programme to assist global WFH initiatives

KUALA LUMPUR, June 11 -- Pulse Secure is extending its offer to help customers support ongoing work-from-home (WFH) initiatives and bolster new online business services via the Pulse Cares programme.

The programme will be offered through Sept 30, providing flexible licensing and enabling expedited deployment and capacity enhancement to support business continuity in the wake of the COVID-19 global health crisis.

According to a statement, the programme is designed to expedite sales and service response to ensure customer business resiliency.

The Pulse Cares programme will now offer organisations Pulse vADC temporary licences for up to a 90-day duration, enabling enterprises to increase application performance for WFH productivity and the launch of new online applications and online services.

Since its introduction earlier this year, Pulse Secure has provided temporary licences to over 1,500 enterprise accounts that needed immediate support to eliminate deployment delay during their procurement of permanent licences.

According to an upcoming Enterprise Management Associates ‘Application Delivery Infrastructure for Cloud-Forward Enterprises’ report, 40 per cent of organisations needed to increase their application infrastructure to support increased WFH workloads.

Sign up at https://www.pulsesecure.net/pulse-cares/

-- BERNAMA

Biotalys strengthens North America presence with executive team expansion, new US headquarters

KUALA LUMPUR, June 10 -- Biotalys NV, a transformative food and crop protection company has announced expansion of its executive team and establishment of its new United States (US) headquarters for Biotalys Inc, to be located in Research Triangle Park, North Carolina.

Appointing Diego Angelo to the newly created role of Chief Business Officer and Head of the US subsidiary, Biotalys Inc, Biotalys is preparing for the commercial launch of its lead biofungicide BioFun-1, the first from its breakthrough platform of biocontrol solutions for safe and sustainable crop protection and food waste reduction.

Reporting to the Chief Executive Officer, Patrice Sellès, and working with the executive team, Angelo will focus on putting a strong team in place while leading global business development, go-to-market activities, competitive intelligence and alliance management for the company’s protein-based biocontrol solutions.

In the US, Angelo will manage operations for Biotalys Inc as well as the corporate development strategy and execution.

As part of its global expansion, Biotalys will continue recruiting efforts to strengthen its presence beyond North Carolina in multiple states with strong fruit and vegetable businesses, according to a statement.

In addition, earlier this year, Carlos Reyes joined Biotalys to lead the field development programme of BioFun-1. Reyes is based in Sacramento, California.

Following the recent closing of the Series C round, Biotalys is finalising its next field trial programme and preparing to submit the regulatory dossier for its lead biofungicide, aiming to deliver a broad lineup of products that safely and reliably address key crop pests and diseases across the ag and food value chain.

More details at www.biotalys.com.

-- BERNAMA

Friday, June 5, 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

Wednesday, June 3, 2020

Fujitsu unveils 7 enterprise notebooks for remote work





KUALA LUMPUR, June 2 -- Fujitsu, a Japanese information and communication technology (ICT) company has launched seven models of Notebook LIFEBOOK with Windows 10 and the latest 10th generation Intel Core Processor.

By expanding its lineup of superior mobile products, Fujitsu will continue to support initiatives on remote work, as part of the customers’ workstyle transformation, according to a statement.

The new LIFEBOOK U7310 (13.3”), LIFEBOOK U7410 (14”) and LIFEBOOK U7510 (15.6”) models are enterprise-ready with common port replicators that provide best-in-class connectivity.

For ultra-mobile 13.3” notebooks, Fujitsu will offer LIFEBOOK U9310 in extraordinarily lightweight design and the convertible LIFEBOOK U9310X featuring a 360 degree display and pen input.

The five LIFEBOOK U series models are certified Microsoft Secured-core PC3, offering the most secure Windows 10 with integrated hardware, firmware, software and identity protection by Fujitsu PalmSecure™ technology.

Meanwhile, LIFEBOOK E series offers a LIFEBOOK E5410 (14”) and LIFEBOOK E5510 (15.6”) with the latest 10th generation Intel Core Processor, maximum memory capacity of 64 GB, scalability of up to 1 TB self-encrypted solid-state drive and support the latest high-speed Wi-Fi 6 and Bluetooth 5.0.

Every Fujitsu notebook delivers the highest reliability, driven by a unique combination of precision engineering and Japanese quality supported by over 30 years of experience to empower business computing needs.

More details at www.fujitsu.com.

-- BERNAMA


Monday, June 1, 2020

AM Best revises South Korea's non- life insurance market outlook amid COVID-19 pandemic

KUALA LUMPUR, May 28 -- AM Best has revised its market segment outlook to negative from stable on South Korea’s insurance industry’s non-life insurance sector.

Key factors underpinning the revised outlook include the sector’s deteriorated loss ratios in major business lines, escalated pressure on investment earnings amid a historic low interest rate environment and increased asset risk due to capital market volatility.

A new Best’s Market Segment Report, ‘Market Segment Outlook: South Korea, Non-Life’ states that South Korea’s non-life insurance segment went through a difficult year in 2019, particularly in terms of underwriting performance.

Since the outbreak of COVID-19, South Korea’s government has introduced various economic stimulus measures, including a sharp base interest rate cut of 50 basis points to 0.75 per cent in March, the lowest level in the country’s history.

According to a statement, although the stock market has partially recovered from bottoming out in mid-March, it has not fully recovered to pre-pandemic levels.

At present, non-life insurers already face heightened asset risks through their investment exposure to industries that have been impacted directly by the COVID-19 pandemic.

Additionally, although the full severity and longevity of impacts from COVID-19 are yet to be determined, AM Best expects the pandemic’s impact on the real economy will inevitably result in greater credit risks from a broader range of assets, including direct and indirect investments in real estate.

More details at www.ambest.com

-- BERNAMA