NX EUROPE, LUFTHANSA CARGO COMPLETE SAF AGREEMENT

KUALA LUMPUR, June 30 (Bernama) -- A group company of Nippon Express Holdings Inc, Nippon Express Europe GmbH (NX Europe) and Lufthansa Cargo AG (Lufthansa Cargo) contractually agreed on June 20, to advocate the use of Sustainable Aviation Fuel (SAF) when transporting airfreight shipments.

NX Europe Managing Director, Shinichi Kakiyama said this agreement to advocate using SAF represents a step in the right direction on the way to a greener future.

“Together with Lufthansa Cargo, we are honoured to embark on this journey to meet our sustainability goals and fulfil our ongoing commitment to combat climate change,” he said in a statement.

Meanwhile, Lufthansa Cargo Chief Executive Officer, Ashwin Bhat said: “The more Sustainable Aviation Fuel is used in the transportation of goods by air freight, the more likely we are to succeed in moving away from fossil fuels, making the entire air freight industry more sustainable.”

The environmentally friendly aviation fuel will enable the Nippon Express Group to achieve emission savings of approximately 3,150 tonnes within one year.

Furthermore, the agreement reached with Lufthansa Cargo includes contributing to high-quality and certified climate protection projects for the so-called well-to-tank emissions that arise during the production and supply of SAF.

The Nippon Express Group has set the goal of a 50 per cent reduction in SCOPE 1 and 2 emissions by 2030 compared to 2013 as a response to climate change, and of contributing to the realisation of a carbon-neutral society by 2050.

Nippon Express Co Ltd aims to reduce emissions by 350,000 tonnes by 2023, equivalent to a 30 per cent reduction from 2013 levels. In May 2023, Nippon Express Holdings Inc submitted a Letter of Commitment to be certified as a Science Based Targets (SBT) company, and the entire group is working together to achieve a carbon neutral society by 2050.

-- BERNAMA

QUANT TECHNOLOGY USED IN BANK OF ENGLAND'S CBDC PROJECT NOW AVAILABLE TO ANY BUSINESS

LONDON, June 28 (Bernama-BUSINESS WIRE) -- Quant, the blockchain for finance pioneer, today unveiled Overledger Platform: the infrastructure used in Project Rosalind - the Bank of England and Bank for International Settlements’ retail CBDC project – available to all via software-as-a-service. Overledger Platform makes the same enterprise-grade technology, the same interoperability core, the same secure smart contracts and the same issuance, secure bridging and atomic settlement functionality that have underpinned Quant’s projects with institutional and central bank customers to-date, accessible to large enterprises, SMEs and developers for the first time.

Overledger Platform establishes a new benchmark for enterprise blockchain, universal interoperability and ease of use. It’s a low code SaaS that allows customers to issue digital money and interoperable assets with just a few clicks, move them from one blockchain network to another, write new apps that will run on any network, create secure smart contracts that will execute on any blockchain, and use simple APIs to integrate with their existing systems. With Overledger, this can take a developer minutes, rather than being a months-long project that can only be delivered by specialised blockchain experts.

The launch of Overledger Platform comes at a critical time for the financial services industry. Although the unregulated crypto experiment has failed, blockchain-based infrastructure and systems, regulated tokenised money and digital assets are still central to innovation. In tandem, it is expected that the value of tokenised assets will reach $4 trillion by 2030 but businesses are scrambling to hire the right expertise or a plethora of developers to capitalise on the opportunity presented by this new technology.

Quant’s platform solves this problem by allowing any business to access blockchain and unlock its benefits. As Quant continues to work on projects with financial institutions worldwide, its platform is updated regularly, ensuring that all Overledger customers, big or small, benefit from new innovations as they are developed.

“From central banks to their commercial counterparts, from issuers to asset managers, the financial world is now wise to the transformational value of blockchain. Already used in some of the most demanding use cases in finance, Overledger is the grown-up approach to implementing this technology, one that any developer or business can now use to expand their offering, getting to market at speed and with ease,” comments Gilbert Verdian, founder and CEO. “We think this is a game-changer for anyone that wants to build a business in the blockchain economy.”

Martin Hargreaves, Chief Product Officer, says: “Until now, businesses have struggled to capitalise on the benefits provided by blockchain because it’s a complex technology requiring specialist skills. Overledger Platform changes all that. It’s simple to use, continually updated, and integrates seamlessly with your existing systems. That’s how it unlocks the power of blockchain for everyone.”

Notes to editors

About Quant

Quant is the foundation of the blockchain economy.

Assets of all kinds, from currencies to carbon credits, are being tokenised on blockchain, making their ownership immutable, their provenance traceable and their use easy to manage. Our patent-pending technology makes this simple, trusted and future-proof.

We work with financial institutions and other enterprises to dramatically reduce their time-to-market, create new revenue lines, and mitigate risk by delivering enterprise-grade solutions built with security and compliance front of mind.

Founded in 2018, Quant is UK-based with a US presence. We spearheaded the Blockchain ISO Standard TC307 adopted by 57 countries and solved interoperability with the creation of the world’s first interoperable blockchain platform, Overledger.

To find out more, visit quant.network.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230627582803/en/

Contact

Media contact
Andrew Carrier
Chief Marketing Officer
Quant
andrew.carrier@quant.network
@andrewcarrier

Source : Quant

IIJ LAUNCHES API SECURITY PROTECTION AS PART OF ITS "SAFOUS" ZERO-TRUST SECURITY SERVICE SUITE

TOKYO, June 26, 2023 /Kyodo JBN-AsiaNet/ --

- "Safous WAAP" Eliminates API Endpoint Vulnerabilities with Zero-Trust Access Technology -
 
Internet Initiative Japan Inc. (hereinafter "IIJ," TSE Prime:3774), one of Japan's leading internet access and network solutions providers, announced on
June 26, 2023, the launch of its new application programming interface (API) security service, Safous WAAP (
https://www.safous.com/services/web-application-and-api-protection ), as part of its zero-trust security service suite, Safous ( https://www.safous.com/ ).
 
Safous WAAP is the world's first API protection designed to eliminate vulnerabilities using zero-trust access technology. Its initial release will focus on securing API connections from mobile apps, and IIJ's ultimate goal for the service is to eliminate API endpoint vulnerabilities with complete protection against zero-day attacks that are inevitable with existing WAAPs.
 
"We're thrilled to announce our first-of-its-kind security service, Safous WAAP," said Miki Tanaka, Global Service Director, IIJ. "The reliance on APIs for collaboration between workplace applications and devices has led to an uptick in API-based attacks targeting businesses every year, which causes damage such as data leakage and unauthorized application access. Safous WAAP combines our expertise in developing DDoS protection and WAF services with zero-trust access technology to protect customers' APIs in a way never seen before."
 
APIs that substantially contribute to businesses' digital transformation are exposed to malicious parties, resulting in a 400% increase in attacks targeting APIs over the past six months (*). Many businesses have had to slow the rollout of new applications due to API security concerns, highlighting the need for developers to implement more robust application access controls and risk mitigation measures.
 
Safous WAAP hides API endpoints from the public internet using an authentication-based, zero-trust access approach with DDoS protection and WAF functionality, freeing developers from vulnerability risks and zero-day attacks for less than half the price of a full WAAP from other companies.
 
IIJ plans to extend use cases to general-purpose API and IoT applications by providing a wide variety of SDKs and will also add general web application protection for complete WAAP coverage.
 
Note:
(*) Reference:
https://www.infosecurity-magazine.com/news/api-attacks-increase-400-last-six/
 
About Internet Initiative Japan Inc.
Founded in 1992, IIJ is one of Japan's leading internet access and comprehensive network solutions providers. IIJ and its subsidiary companies provide total network solutions that mainly cater to high-end corporate customers. IIJ's services include high-quality internet connectivity, system integration, cloud computing, security, and mobile services. IIJ has built one of the largest internet backbone networks in Japan that is connected to the United States, the United Kingdom, and Asia. IIJ was listed on the Prime Market of the Tokyo Stock Exchange in 2022.
For more information about IIJ, visit the official website:
https://www.iij.ad.jp/en/
 
The statements within this release contain forward-looking statements about IIJ's future plans that involve risk and uncertainty. These statements may differ materially from actual future events or results.
 
*All company, product, and service names used in this press release are the trademarks or registered trademarks of their respective owners.
 
 
Source: Internet Initiative Japan Inc.

ROBERT YUSIN IS OPTOMEC NEW CEO

KUALA LUMPUR, June 22 (Bernama) -- The Board of Directors at Optomec, a leading manufacturer of Digital Manufacturing solutions has announced Robert Yusin as the new Chief Executive Officer (CEO).

“We are delighted that Robert Yusin has accepted the position. The timing is perfect for a person like Robert to take Optomec’s proven technology and solutions successes to the next level for our customers,” said interim CEO and Board Member, Mike Barry.

According to a statement, the Board is confident that the timing is right for Optomec in entering its next phase of growth to add Yusin’s proven skillset to advance the company’s position in the market.

Yusin has achieved a string of successes in bringing innovative companies with solid technology to the next level of revenue growth through strategic investments and creative go-to-market strategies that have transformed their outcomes.

Previously, Yusin was CEO at ParaMatters, a software company providing end to end manufacturing software. He re-visioned the company to serve a broader base of manufacturing processes, which ultimately led to the purchase by Carbon.

Prior to that, Yusin co-founded Oqton, which delivered cloud-based, artificial intelligence-powered manufacturing solutions for factory operations.

-- BERNAMA

Smartly.io’s Innovation Hub To Turn Marketers' Ideas Into Ads With Intelligence

KUALA LUMPUR, June 20 (Bernama) -- Smartly.io, one of the world’s largest Software-as-a-Service (SaaS) digital advertising platforms, has launched Smartly.io AI Lab, an innovation hub which serves as a meeting point for artificial intelligence (AI) and marketing expertise.

This hub drives advancements in Generative AI and other AI technologies to simplify campaign management and enhance creative scalability without compromising marketers’ brand governance.

“What Smartly.io AI Lab is building is already feeding the infrastructure that marketers, creators and even designers use, and increasing simplicity without sacrificing ideas and quality.

“The companies that seamlessly adopt generative AI into their platforms will be the early winners in a decades-long race. Smartly.io is poised to be among them,” said Smartly.io Chief Executive Officer, Laura Desmond in a statement.

Meanwhile, Head of Smartly.io AI Lab, Arto Tolonen said: “Our mission is to empower marketers to take ideas to ads with intelligence while maximising their return on investment.”

The Smartly.io AI Lab launch represents the company's commitment to empowering marketers to unlock greater value from their digital investments without sacrificing their brand governance.

By advancing the state-of-the-art in Generative AI and other AI areas, the company is poised to provide marketers with a significant advantage, simplifying creative scale while enabling agile campaigns and unified workflows across the evolving social and digital advertising landscape.

From scene generation that enhances a brand's product photos to image generation from scratch and video ad assembly and iteration, the Smartly.io AI Lab is equipping marketers with the tools to get to use cases faster and transform their creative quality and time to campaign.

-- BERNAMA

NIPPON EXPRESS EUROPE PARTICIPATES IN "TRANSPORT LOGISTIC 2023"

TOKYO, June 21, 2023 /Kyodo JBN-AsiaNet/ --

Nippon Express Europe GmbH (hereinafter "NX Europe"), a group company of NIPPON EXPRESS HOLDINGS, INC., participated for the second time in "transport logistic 2023" held in Munich, Germany, from Tuesday, May 9, to Friday, May 12.   Logo: https://kyodonewsprwire.jp/img/202306136300-O1-VS0Q9pbS   Photo: Inside NX Europe booth https://cdn.kyodonewsprwire.jp/prwfile/release/M103866/202306136300/_prw_PI2fl_7lnV7TjL.jpg?_ga=2.106673859.1997240702.1686531031-1438572707.1685531252 transport logistic 2023 is the world's largest international exhibition dedicated to introducing the latest products, services, and innovations in logistics, transport, information technology, and supply chain management. This year's event attracted 2,320 exhibitors from more than 120 countries and regions, with over 75,000 visitors attending the exhibition. NX Europe's booth showcased the strengths of the Nippon Express Group's global network and logistics services while also underscoring sustainability as one of its themes by utilizing environmentally friendly promotional items, such as bamboo business cards, wild flower seed bags, re-usable water bottles and pencils with plant seeds, as gifts to highlight the Group's efforts to realize a sustainable society. During the four days of the exhibition, Nippon Express Group staff and clients actively exchanged views on new ideas, technologies and business solutions, and discussed possibilities for the near future. The Nippon Express Group will continue meeting the logistics expectation of its customers in Europe and supporting their business expansion through its global network and accumulated advanced logistics know-how.   Nippon Express website: https://www.nipponexpress.com/ Nippon Express Group's official LinkedIn account: https://www.linkedin.com/company/nippon-express-group/ Source: NIPPON EXPRESS HOLDINGS, INC. --BERNAMA

U.S. POLO ASSN. ANNOUNCED AS FINALIST FOR BEST SPORTS LICENSED BRAND AT 2023 LICENSING INTERNATIONAL EXCELLENCE AWARDS IN LAS VEGAS

WEST PALM BEACH, FL, June 21, 2023 / ACCESSWIRE - AsiaNet / --

U.S. Polo Assn. (https://pr.report/hp1M9blk), the official brand of the United States Polo Association (USPA), is pleased to announce the brand's nomination as a finalist for the prestigious 2023 Licensing International Excellence Awards for Best Sports Licensed Brand. The Licensing International Excellence Awards honor the way brands use licensing in innovative and creative methods to further their goals, products, and marketing around the globe. https://pr.report/t4GqBR9p Related Image: https://cdn.newswire.com/files/x/6e/4f/3ff14d91d22d1dbacdc2785f3672.png Winners in 30 categories were selected by an expert global judging panel and voted on by members of the licensing industry at large from more than 200 finalists around the world. With more than 850 entries received, U.S. Polo Assn. was among notable brands, such as Formula 1, Head, The NFL Players Association (NFLPA), Starting Lineup, Ultimate Fighting Championship (UFC), and Yale University. Ultimately, the NFLPA was recognized as the finalist in the category for Best Sports Licensed Brand. The multi-billion-dollar U.S. Polo Assn. brand continued to enhance its authentic connection to the sport of polo in 2022 through outstanding storytelling, partnerships, sponsorships, and philanthropic endeavors. The Licensing International nomination acknowledged U.S. Polo Assn.'s growth and achievements, which include delivering a record $2.3 billion in global retail sales spanning 190 countries in over 1,100 retail stores, as well as department stores, sporting goods stores, and e-commerce. "We are honored that U.S. Polo Assn. was nominated for the Best Sports Licensed Brand alongside other industry-leading organizations for the 2023 Licensing International Excellence Awards," says J. Michael Prince, CEO & President of USPA Global Licensing, the company that oversees the multi-billion-dollar U.S. Polo Assn. brand. "Our global team alongside our licensing and retail partners work tirelessly to bring the spirit of the sport of polo to life in our brand around the world. Receiving this nomination is recognition for this global effort." Prince also wishes to congratulate The NFLPA for their performances this year and their win. The brand also built on its successful digital strategies to generate record growth with some 50 brand sites in 20 languages and over 7 million social media followers in 2022. Moreover, U.S. Polo Assn. signed a global partnership with ESPN to air some of the top polo championships in the world, including the XII Federation of International Polo (FIP) World Polo Championship, the prestigious Westchester Cup, and the U.S. Open Polo Championship(R) for sports fans and consumers to enjoy. This year's Excellence Awards were held at The Luxor on June 12, 2023, in Las Vegas, Nevada, to celebrate the best of the global licensing industry. Attending the event this year on behalf of U.S. Polo Assn. was Chris Affolter, VP of Global Operations, and Jeff Nichols, Senior Director of Finance & Strategy.  http://mrem.bernama.com/viewsm.php?idm=46432

ZIMMER BIOMET LAUNCHES NEW OFFICE AND INTRODUCES APAC GLOBAL BUSINESS SERVICES CENTRE IN GREATER KUALA LUMPUR

^{From left –
 • Sang Yi, Group President, Asia Pacific of Zimmer Biomet;
 • Suketu Upadhyay, Executive Vice President and Chief Financial Officer of Zimmer Biomet;
 • YBhg. Datuk Muhammad Azmi Zulkifli, Chief Executive Officer of InvestKL;
 • Bryan Hanson, Chairman, President, and Chief Executive Officer of Zimmer Biomet;
 • Keri P. Mattox, Senior Vice President, Chief Communications and Administration Officer of Zimmer Biomet.}



KUALA LUMPUR, June 22 (Bernama) -- A global leader in medical technology, Zimmer Biomet Holdings Inc. celebrated the official launch of its new office and APAC Global Services Centre (GBS) in Greater Kuala Lumpur (Greater KL). The momentous event was officiated by Datuk Muhammad Azmi Zulkifli, Chief Executive Officer of InvestKL and Bryan Hanson, Chairman, President, and Chief Executive Officer of Zimmer Biomet.

Hanson in his speech said, “Zimmer Biomet has more than 90 years of trusted leadership and proven expertise in the musculoskeletal healthcare and medical technology industry, as well as a sales presence in more than 100 countries worldwide. We are proud to seamlessly transform the patient experience through our innovative products and suite of integrated digital and robotic technologies that leverage data, data analytics and artificial intelligence.”

The new office marks a significant milestone in the company’s commitment to delivering cutting-edge healthcare solutions and services to the Asia Pacific region. 

Hanson added, “Over the past two decades, Zimmer Biomet has been proud to have a presence in Malaysia and to partner with our customers and provide innovative and high-quality products and services to the healthcare industry as we deliver on our mission to alleviate pain and improve the quality of life for people around the world. With our Zimmer Biomet Malaysian team, we will continue to run our business efficiently, investing time in our local team, in partnering with customers and in innovating new technologies.” 

Datuk Muhammad Azmi Zulkifli, CEO of InvestKL in his speech expressed "We are delighted to witness the growth of Zimmer Biomet in Greater KL. The company's investment and dedication to advancing healthcare and medical technology aligns perfectly with our mission to position Greater KL as a top investment destination for leading global companies in the health-tech sector." 
                                 
“Zimmer Biomet's decision to expand its office and introduce APAC GBS reflects the confidence they have in our thriving ecosystem, availability of talent, and the immense opportunity Greater KL has as a strategic hub for the healthcare industry. We look forward to further collaborations and contributions from Zimmer Biomet as we strive to elevate healthcare standards, drive innovation, and improve the well-being of our communities.”
Currently, Zimmer Biomet boasts a workforce of 100 employees in Greater KL. With the establishment of the new office, the company will continue to expand and create high-skilled job opportunities for Malaysians.

InvestKL an agency under the Ministry of Investment, Trade and Industry (MITI) focused on attracting leading global companies to establish their footprint in Greater KL. In 2022, the agency has secured a total of RM21.52 billion in investments, over the RM35 billion it is to achieve by 2030. This has led to the creation of over 19,000 high-skilled executive jobs with an average monthly salary of RM13,000 by 130 investors under its wing who have called Greater KL home.

Group President for Asia Pacific of Zimmer Biomet, Mr. Sang Yi, who was also present at the event said, “it is an exciting time for Zimmer Biomet in the Asia Pacific region, and Malaysia is at the forefront playing an important role. As a centre of excellence and a launchpad for enhanced innovation in the APAC region, the newly opened GBS Center in Malaysia has an enthusiastic and growing team. It also has a world-class collaboration space where team members can serve Zimmer Biomet's businesses and increase our efficiency in the Asia Pacific region. As our Commercial Team and the GBS Center in Malaysia continue to grow, we are looking for talented people who want to contribute to improving the quality of life for Malaysians and achieving our Zimmer Biomet mission both globally and locally." 

About InvestKL

InvestKL is the investment promotion agency for Greater Kuala Lumpur (Greater KL) under the Ministry of Investment, Trade and Industry (MITI). Guided by the National Investment Aspirations (NIA) framework, InvestKL attracts and facilitates the establishment of global services hubs by the world‘s leading companies. As a holistic partner, InvestKL is involved in every stage of the investment process, from a partner in early project implementation to post-investment services. InvestKL supports Malaysia’s ambition to become a technology-driven green nation through quality investments, transfer of knowledge, and the creation of high-skilled executive jobs for Malaysians.
 
SOURCE :  InvestKL

GLOBAL SEAFOOD TRADE FAIR: UNVEILING NEW BUSINESS OPPORTUNITIES FOR CHINESE AQUATIC PRE-COOKED DISHES IN OVERSEAS MARKETS

GUANGZHOU, China, June 21 (Bernama-GLOBE NEWSWIRE) -- The Global Seafood Trade Fair Co-Located with The 3^rd Liang Zhi Long Cantonese Cuisine E-Commerce Fair 2023 will be held from June 28th to June 30th, 2023 by Wuhan Shihedao Network Technology Co., Ltd.

With an impressive exhibition area of 40,000 m², featuring over 800 exceptional exhibitors, and expected to attract more than 50,000 trade visitors. The Global Seafood Trade Fair will showcase various fishery and aquatic products, including live seafood, dry goods, pre-cooked dishes, raw material processing and catering packaging equipment, refrigeration equipment, and so on. Furthermore, the event will bring together international enterprises and suppliers from Thailand, Ecuador, the United States, Australia, France, other countries and regions, who will showcase feature seafood products from around the world.

According to global market statistics for pre-cooked dishes, the industry was valued at US$148.67 billion in 2022 and is expected to reach US$214.71 billion by 2030. As global trade recovers, the demand for pre-cooked dishes will continue to grow. The exhibition will specially set up a pavilion to showcase popular pre-cooked dishes for exhibitors and provide valuable insights into the global pre-cooked dishes market.

In addition to the seafood exhibition, over 20 wonderful activities, including food-tasting sessions, category promotions, and cooking competitions, will be held during the Global Seafood Trade Fair. These include the Opening Ceremony of the Feast of Hot Pot Delights and the China Artistic Seafood Presentation: Artistic Cold Dish Competition. Notably, a series of industry summit forums will also take place, such as the First Edition Pre-cooked Dishes Export Forum of the Greater Bay Area Pre-cooked Dishes (Nansha) Export Zone, the 18th Tilapia Industry Development Forum, Sustainable Development Technology Forum for Aquatic Food Ingredients, and Deep Sea Aquaculture and Seafood Market Summit 2023. These forums will empower the discussion and the development of the seafood and aquatic pre-cooked dishes industry.

The Global Seafood Trade Fair extends a warm invitation to visitors and traders to attend and explore the event in Zone D of the China Import and Export Fair Complex in Guangzhou from June 28th to 30th.

Media contact:
Ms. Rachel CHEN
Mobile: +86-136 3232 6056

E-mail:
rachelchen@chinascj.com
service@globalseafoodex.com
Website: www.globalseafoodex.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0a138bdc-f09a-4c2a-a844-5f245ad57060 

SOURCE : Wuhan Shihedao Network Technology Co., Ltd.

MFPC SEES NEW PRESIDENT AND BOARD OF LINEUP FOR 2023-2025

KUALA LUMPUR, June 21 (Bernama) -- Malaysian Financial Planning Council (MFPC), an organisation formed at the initiative of the Government in the year 2004, has named Andy Ng Yen Heng, Head of Great Eastern Life Assurance, Centre of Excellence as the Council’s President at the 9th Election held during the Council’s 19th Annual General Meeting. Andy is a familiar face in the insurance industry for many years in Malaysia and was the Council’s former Secretary in the 2021-2023 term. Effective immediately, Andy Ng will assume responsibility with other newly elected office bearers in the National Council for the term 2023-2025.

The Council practices an independent two-year term of office or a maximum of four years for each appointed member. The representatives are from the various financial services industry including unit trust, insurance, banking, takaful, independent financial advisors and planners’, as well as notable academicians in their line-up.

Having developed chapters in Johor, Sarawak and Penang, the MFPC will be launching its Sabah Chapter in July 2023 and in October 2023 its East Coast Chapter, in-conjunction with the National Financial Literacy month.

Actively providing financial planning professional courses, MFPC also provide expert opinion on matters concerning financial planning through its Council members. Purposed to enhance the financial well-being of Malaysians, especially those from middle- and lower-income groups, MFPC will intensify efforts to improve their basic financial literacy. The conceptualisation of Madani by our current Government focuses on aspirations beyond purely monetary outcomes and focuses on values. MFPC is determined to follow this path. Our UNESCO award winning literacy programme, My Money & Me will continue to deliver social impact. Malaysians should be able to identify the upward mobility of their lives and the improvement of livelihood will best occur by adopting the right financial behaviour.

As MFPC looks forward to mark its 20th anniversary in 2024, it hopes that with a steady growth of qualified financial planners, and the new board in place, the Council can continue to innovate and provide game-changing initiatives for financial literacy education.


Malaysian Financial Planning Council (MFPC)

The Malaysian Financial Planning Council (MFPC) was set up in in 2004 with the objective of promoting nationwide development and enhancement of the financial planning profession. We conduct professional programmes leading to the Registered Financial Planner and Shariah Registered Financial Planner designations. Both qualifications are approved by Bank Negara Malaysia (BNM) as a prerequisite to apply for a Financial Adviser’s Licence and a Financial Adviser’s Representative Licence. The qualifications are also approved by Securities Commission Malaysia for the Capital Market Services Representative Licence (CMSRL). Our mission has extended to include raising the financial literacy of all Malaysians by being at the forefront of efforts to provide financial education to Malaysians from all walks of life. We do this by continuously conducting numerous financial education programmes for the public at no cost, reflecting our contribution and commitment to the positive development of Malaysians and ultimately the nation.

SOURCE : Malaysian Financial Planning Council (MFPC)

MCO REINFORCES COMMITMENT PROVIDING CUTTING-EDGE SOLUTIONS VIA FAIRWORDS ACQUISITION

KUALA LUMPUR, June 13 (Bernama) -- MyComplianceOffice Inc (MCO), a conduct risk and compliance technology provider, announced the acquisition of Fairwords, a pioneer in artificial intelligence (AI)-powered electronic communications software.

According to MCO in a statement, the acquisition reinforces its commitment to providing cutting-edge solutions that enable organisations to effectively manage compliance.

By integrating Fairwords' AI-powered communications protection software into its comprehensive suite of offerings, MCO solidifies its position as a leader in the global compliance technology market.

“With this acquisition, we will further augment our solution for exceptional integrated surveillance capability across all transactions, employees and third-party entities. We are thrilled to welcome Fairwords, its talented team and customers to the MCO family,” said MCO Chief Executive Officer (CEO), Brian Fahey.

Meanwhile, Fairwords CEO, Tom Bubeck said: “Throughout the due diligence process, we concluded that MCO's dedication and investment in the surveillance space make it the ideal home for our team and clients. I have no doubt that our customers will be extremely satisfied with MCO for many years to come.”

Fairwords' communications compliance software provides compliance leaders and teams with proactive training, analytics, and archiving to mitigate communications risks and prevent compliance crises and lawsuits.

The software also provides firms with a streamlined solution for monitoring and flagging risky communications, while ensuring the archival of digital messages in compliance with regulatory requirements.

The acquisition will expand MCO's integrated surveillance solution to encompass digital communications, thus strengthening its ability to identify potential compliance issues.

In addition, it will enhance MCO customers' ability to ensure communications compliance across various channels while fostering a robust culture of compliance within their organisations.

-- BERNAMA

DUCK CREEK TECHNOLOGIES RATED A LUMINARY IN CELENT'S 2023 INSURER STAND-ALONE RATING ENGINES NORTH AMERICA AND GLOBAL REPORTS

Boston, June 9 (Bernama-GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of Property and Casualty (P&C) and general insurance, earns Luminary status in Celent’s 2023 North America and global reports, Insurer Stand-Alone Rating Engines. Duck Creek’s rating solutions have been recognized in the report’s highest-ranking category for advanced technology and breadth of functionality.

This report provides an overview of Duck Creek Rating, which enables customers to rate 583,000 quotes per hour/per server of complex personal lines policies in a 100% horizontally scalable manner. In North America and across the globe, Duck Creek maintains an open platform and open ecosystem philosophy, offering over 100 pre-built and validated integration accelerators. This includes Duck Creek Rating Anywhere Integrations with Coherent, Akur8, AAIS, and Verisk. Celent’s report profiles key stand-alone rating engines and provides an overview of their functionality and technology. The report equips P&C insurance carriers with the knowledge and insights to evaluate the market’s best stand-alone rating engines for their business.

“Duck Creek is proud to continue to earn Celent’s highest Luminary ranking in North America and globally for our rating solutions,” said Jess Keeney, Chief Product & Technology Officer, Duck Creek Technologies. “We are continuously seeking ways to modernize our technology and create evergreen solutions that cultivate a better user experience for our customers. Deploying frequent, fully automated updates with configurability enables us to do this.”

“Duck Creek was one of only two named Luminaries in the report, which is our highest designation,” said Karlyn Carnahan, Head of Insurance for Celent. “Not only does the distinction celebrate the most advanced technology in the rating space, but it also recognizes the solutions with the most expansive functionality. Duck Creek’s solution ranked high in both categories.”

About Celent

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is a wholly owned subsidiary of Marsh McLennan Companies. [NYSE: MMC]. For more information, visit www.celent.com. Follow Celent on Twitter @Celent_Research.

About Duck Creek Technologies

Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and Twitter. 

http://mrem.bernama.com/viewsm.php?idm=46311

MedTech Innovator Asia Pacific Names 24 Startups to Annual Accelerator

LOS ANGELES & SINGAPORE, June 8 (BUSINESS WIRE) --

MedTech Innovator, the world’s largest accelerator of medical technology companies announced today that 24 medtech companies will participate in the fourth annual Asia Pacific Accelerator program.

MedTech Innovator Asia Pacific offers best-in-class startups opportunities to work with investors, business leaders and allied service professionals in the medtech industry to help drive commercialization of life-changing technologies throughout the region. The 2023 cohort companies will also compete for up to US$ 300,000 in cash prizes and awards.

“As the world’s largest accelerator of medtech companies, MedTech Innovator established the Asia Pacific Program in 2019 because of the incredible innovation in the region. We look forward to working with our partners to support this year’s cohort of companies and to help them advance their technologies,” said Paul Grand, CEO of MedTech Innovator.

Over 400 companies applied for the Asia Pacific program this year, and after a rigorous selection process, 60 companies were invited to pitch, 24 of which were named to the 2023 cohort. In early December, four startups from the 2023 Asia Pacific cohort will advance to compete in the Grand Finals to be held at APACMed’s Medtech Forum 2023 in Singapore. Attended by health care industry leaders, health care providers, and investors from across the region, the MedTech Forum will also showcase solutions from all 24 Accelerator cohort companies. The winning company, which will be determined by audience vote, stands to win a non-dilutive cash prize and the title of the 2023 MedTech Innovator Asia Pacific Winner.

For the first time, MedTech Innovator Asia Pacific’s 2023 cohort will include four shortlisted companies that are part of the inaugural Olympus Asia Pacific Innovation Program (OAIP). This program focuses on minimally invasive care and new ways to detect, monitor, and treat conditions and diseases. The winning innovator will receive grant funding of US$ 75,000 as well as an exclusive mentorship program with key thought leaders from within Olympus.

The 24 companies selected to the 2023 MedTech Innovator Asia Pacific Accelerator are:

1. Accuster Technologies (India)
2. Astron Medtech (US)
3. Biotome (Australia)
4. Flexperc Medical (US)
5. Gbrain (South Korea)
6. GenLight Medical (China)
7. Healium Medical (Israel)
8. Jdot (Changzhou) Medical Technology (China)
9. Kinexcs (Singapore)
10. Lifespans (Hong Kong, China)
11. Medipixel (South Korea)
12. MedySapiens (South Korea)
13. Module Innovations (India)
14. Neurowyzr (Singapore)
15. NICE Surgical Solutions (Singapore)
16. Ossfila Technology (Hong Kong, China)
17. PrimaNova Technologies (Hong Kong, China)
18. Thrixen (Singapore)
19. Vivo Surgical (Singapore)
20. Weinnovate Biosolutions (India)

The companies shortlisted for the OAIP are:

1. BioCliq (India)
2. NDR Medical (Singapore)
3. Sonire Therapeutics (Japan)
4. Vesica Corporation (US)

MedTech Innovator’s 2023 Asia Pacific program sponsors include Johnson & Johnson, Olympus, Teleflex, Siemens Healthineers, B Braun Medical, Cambridge Consultants, JABIL Healthcare and Enterprise Singapore. The MedTech Innovator Asia Pacific Program is held in partnership with APACMed.

About MedTech Innovator

Based in Los Angeles, MedTech Innovator is the world’s largest accelerator of medical technology companies and the premier nonprofit startup accelerator in the medical technology industry. Its mission is to improve the lives of patients by accelerating the growth of companies that are transforming the healthcare system. Since 2013, MedTech Innovator has reviewed more than 9,000 startups and graduated 509 companies that have gone on to raise more than $6.8 billion in follow-on funding.

MedTech Innovator works closely with stakeholders across the industry to promote the growth of early and mid-stage startups. In collaboration with 35 corporate partners, as well as a broader network of more than 1,000 industry executives including investors, business development representatives, and other stakeholders, MedTech Innovator provides startups with individualized mentorship and feedback, funding opportunities, and continual engagement with peers and advisors.

For more information about MedTech Innovator, visit the website, and follow them on LinkedIn and Twitter. Follow MedTech Innovator Asia Pacific on LinkedIn.

About Asia Pacific Medical Technology Association (APACMed)

Founded in 2014 and headquartered in Singapore, APACMed represents manufacturers and suppliers of medical equipment, devices and in vitro diagnostics, industry associations and other key stakeholders associated with the medical technology industry in Asia Pacific.

Providing a unified voice for the medical devices and in-vitro diagnostics industry in Asia Pacific, APACMed works proactively with bilateral, regional and local government bodies to shape policies, demonstrate the value of medical technology and promote regulatory harmonization. We strive to promote digital health innovation and impact policy that advances healthcare access for patients by engaging with medical device associations and companies in Asia Pacific.

APACMed is also host to the annual Asia Pacific MedTech Forum. www.apacmed.org

Contact

Joe Duraes
Pazanga Health Communications
jduraes@pazangahealth.com
(917) 687-6419

Source : MedTech Innovator 

QUECTEL WIRELESS SOLUTIONS SHOWCASES EXTENSIVE RANGE OF IOT SOLUTIONS AND FIRST MMWAVE 5G ANDROID GAMING DEVICE AT COMMUNICASIA

 

Quectel Wireless Solutions Showcases extensive range of IoT solutions and first mmWave 5G Android gaming device at CommunicAsia (Photo: Business Wire) 

SINGAPORE, June 7 (Bernama-BUSINESS WIRE) -- Quectel Wireless Solutions, a global IoT solutions provider, today announces its participation in the CommunicAsia event held in Singapore, where it will present its range of products and services, designed to empower customers in building a smarter world. 
 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230606005960/en/ 

Quectel will be showcasing a wide range of customer end user devices at CommunicAsia including the very latest handheld Android gaming device, the Razor Edge, as well as pet tracking devices, routers, point-of-sale terminals, and metering devices. Razer, the world's leading lifestyle and technology brand for gamers, has selected the Quectel RM510Q mmWave 5G module for use in its Razer Edge Android gaming handheld, the first 5G-enabled gaming handheld to the market, to enable gaming-grade connectivity in the US region.

“We’re delighted to be at CommunicAsia this year, showcasing some of our latest IoT products and services,” said Michael Wallon, Senior Vice President of APAC and ANZ Sales. "Quectel continues to innovate in the IoT industry and being able to exhibit the Razor Edge handheld gaming device at the show demonstrates how we have the experience, skills and capabilities to accelerate and support the development of this much-anticipated product.” 

Customers will find an immersive experience at the Quectel booth during CommunicAsia, where cutting-edge IoT products and services will be unveiled, demonstrating Quectel's commitment to shaping the future of the industry. 

· Amazon Sidewalk – the KG100S module, and comprehensive range of matching antennas, offers seamless compatibility with Amazon Sidewalk. This integration streamlines the deployment and management of connected IoT devices and solutions, presenting a faster, more convenient, and cost-effective approach. Specifically designed to provide persistent connectivity, the KG100S module enables devices located beyond the coverage of conventional home IoT networks to stay seamlessly connected.
· Satellite - The CC200A-LB satellite module, specifically developed for IoT industries, has been launched recently. This module uses satellite IoT connectivity, which is provided by ORBCOMM, a renowned global IoT communications and solutions provider. It is designed to offer cost-effective global coverage and connectivity, along with ultra-low latency, making it a perfect fit for a variety of applications such as transportation, maritime, heavy equipment, agriculture, mining, and oil and gas monitoring.
· Wi-Fi/Bluetooth - The FGH100M Wi-Fi HaLow module is a new offering that delivers long-range data transmission, low power consumption, reduced complexity, and improved penetration through walls and obstructions, making it ideal for various IoT applications. It leverages the IEEE 802.11ah wireless networking protocol, also known as Wi-Fi HaLow, operating within the license-exempt Sub-1 GHz range, making it perfectly suited for the unique requirements of the Internet of Things (IoT).
· Smart Modules - Quectel offers a comprehensive range of smart modules, with extensive product families of variants to support deployment regions and a range of interfaces and connection options and will be showcasing smart modules from the entry level through to high end.
· GNSS – Quectel GNSS modules encompass a wide range of functionalities, including standard precision, high precision, dead reckoning, and timing. Designed with compactness and energy efficiency in mind, these modules are well-suited for an array of applications such as ADAS and self-driving vehicles, unmanned flight, and smart agriculture. At CommunicAsia, Quectel will showcase the latest GNSS module offerings, including the LC79H, LC86G and LC29H modules. These cutting-edge modules have been meticulously designed to deliver exceptional performance, accuracy, and reliability. Notably, they stand out as some of the smallest and most power efficient GNSS modules available in the market today.
· Antennas - Quectel is excited to showcase its latest antenna offerings at the upcoming CommunicAsia exhibition. These high-performance antennas come in both embedded and external solutions, fitting a range of applications, mounting options, combinations, and environmental requirements. In addition, Quectel’s new Combo antennas, such as the YB0027AA, combine high-performance cellular, Wi-Fi, Bluetooth, and GNSS antennas, enabling high-performance connectivity and are ideal for use with Quectel's 5G, 4G, Wi-Fi, and GNSS modules. Visitors can also expect to see our 5G YE0007AA, 4G/LTE YB0016AA, Wi-Fi/BT YF0026AM, and GNSS YC0013AAEVB antennas at the show.
· 5G - Discover the latest Quectel 5G modules with the full range of modules on display at the upcoming exhibition, including the newly announced RedCap (Reduced Capability) modules, also known as NR-Light. The Rx255C series is built on Qualcomm Technologies, Inc.'s Snapdragon^® X35 5G Modem-RF System, offering exceptional wireless performance and low-latency communication with 5G. Moreover, these modules provide significant improvements in size, energy efficiency, and cost-effectiveness. 

http://mrem.bernama.com/viewsm.php?idm=46283

ECI HIRES JEFF SCHMIDT AS CEO TO LEAD NEXT PHASE OF GROWTH

KUALA LUMPUR, June 7 (Bernama) -- ECI, the leader in managed services and cybersecurity for the global financial services industry, has appointed Jeff Schmidt as president and chief executive officer (CEO).

According to a statement, outgoing CEO of ECI, David Andrade will consult with Schmidt and the company during a transition period.

“I personally thank David for nearly two decades of exemplary service, including the past three years as CEO. David's contributions have helped build ECI into the powerful firm it is today and underpin the strong relationships and trust we enjoy with our clients and partners,” said Executive Chairman of ECI's Board of Directors, John Cahaly.

Schmidt is a leader in managed services, technology, and cybersecurity with a long track record of growing sales, increasing profits, managing complex acquisitions and integrations, building world-class teams, and boosting customer service and retention.

He joins ECI as the firm embarks on a new stage of growth to further secure its dominant role in the sector.

Meanwhile, Schmidt said: “ECI has more than two decades of experience solving its customers’ toughest challenges and helping them adopt new technology in an ever-changing environment.

“We will continue to answer the call from our customers and uphold our mission to be the most transformative business partner you will ever engage, as we grow our product offerings and expand our services into adjacent sectors.”

Most recently, Schmidt was the founding CEO of Avertium, a leading provider of cybersecurity services, where he tripled revenues over five years. Earlier, he held management positions of increasing responsibility at SQS, All Covered, and British Telecom.

-- BERNAMA

Jumio Global Survey Suggests Consumers Overestimate Ability Detecting Deepfakes

 

(Graphic: Business Wire) 

KUALA LUMPUR, June 6 (Bernama) -- Jumio, the leading provider of automated, end-to-end identity proofing, risk assessment and compliance solutions, has released the Jumio 2023 Online Identity Study, the second installment of its annual global consumer research.

This year’s results highlight an understanding among consumers around how generative artificial intelligence (AI) and deepfake technologies could accelerate identity fraud, and the subsequent need for digital identities for online verification and authentication.

According to Jumio in a statement, consumers also appear to overestimate their ability to spot deepfakes, which can render them even more vulnerable to attack.

Conducted by Censuswide, the study examined 8,055 adult consumers split evenly across the United Kingdom (UK), United States (US), Singapore and Mexico, in which the fieldwork took place from April 4-6.

Over two-thirds (67 per cent) say they are aware of generative AI tools, such as ChatGPT, DALL-E and Lensa AI, which can produce fabricated content, including videos, images and audio. Awareness was highest among consumers in Singapore (87 per cent) and lowest among those in the UK (56 per cent).

In addition, awareness of generative AI and deepfakes among consumers is high with 52 per cent of respondents believe they could detect a deepfake video. This sentiment reflects over-confidence on the part of consumers, given the reality that deepfakes have reached a level of sophistication that prevents detection by the naked eye.

As consumers become more aware of these technologies, there is also an emerging understanding of how they could be used to fuel identity theft.

Over half (57 per cent) believe that online identity theft will become easier as a result, and consumers in Singapore showed the highest level of understanding of their potential harmful use (73 per cent). These levels decrease among consumers in Mexico (62 per cent), the US (49 per cent) and the UK (43 per cent).

The survey also found that over two-thirds (68 per cent) of consumers are open to using a digital identity to verify themselves online. The top sectors where they would prefer a digital identity over a physical ID (like a driver’s licence or passport) are financial services (43 per cent), government (38 per cent) and healthcare (35 per cent).

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

-- BERNAMA

TDCX’s AI Consulting Arm To Steer Innovation In Customer Experience

KUALA LUMPUR, May 30 (Bernama) -- TDCX, a digital customer experience (CX) solutions provider for technology and blue-chip companies, has launched its artificial intelligence (AI) consulting arm, TDCX AI.

According to TDCX in a statement, through the specialised division, the company aims to leverage the power of AI to analyse big data, generate insights, and unlock opportunities for stronger predictive capabilities and process improvements in the area of CX.

TDCX Chief Executive Officer and Founder, Laurent Junique said: “Through our latest initiative, TDCX AI, we will collaborate even more closely with our clients to extract actionable insights to optimise operations and enhance decision-making processes with accuracy and speed.

“The integration of generative AI in the CX industry has the potential to not only transform the customer experience but also create better job opportunities for humans. By leveraging AI technologies to automate repetitive tasks and streamline processes, we empower our employees to focus on more meaningful and complex interactions with customers.

“Our commitment to combining the power of generative AI with human expertise ensures that our employees thrive in a dynamic and rewarding work environment, fostering professional growth and job satisfaction.”

TDCX AI, led by its Senior Vice President, Ben Sun who has more than 20 years of experience in AI strategy, CX digital transformation, corporate venture building, innovation and CX organisation design, brings together TDCX’s expertise in leveraging AI in CX applications.

One area of focus for TDCX AI is the leveraging of generative AI to deliver hyper-personalised CX. Through comprehensive analysis of customer data, the TDCX AI team can help clients identify preferences, habits, and behaviours, thereby enabling the creation of tailored CX journeys and targeted marketing strategies, which will drive customer loyalty and revenue growth.

To help clients explore the possibilities of integrating generative AI in their CX delivery model, TDCX AI has developed an AI Maturity Program, in which it takes a structured approach to assessing a client’s capabilities across multiple areas.

By combining human intelligence and AI, TDCX’s employees will be able to retrieve critical data, perform comprehensive analyses, and make informed decisions swiftly and accurately, thus leading to faster response times and better one-time resolution for customers.

-- BERNAMA