KUALA LUMPUR, Oct 29 -- VaultID Group Ltd has created a financial and digital footprint for the ‘unbanked’ population via its application ‘myVault’, allowing remittance transfers to Timor-Leste.
The application enables the onboarding of potential consumers via a mix of traditional KYC/AML systems, enhanced with biometric image to document scanning and in-government official witness attestation.
Approximately one-third of the Timor-Leste population, currently excluded from participation due to lack of identification, can now be onboarded to allow seamless, verification remittance transfers.
This will be powered by ‘myVault’ biometric and witness attestation verification products which include facial matching and optical character recognition biometrics.
VaultID Group Ltd chief executive officer, Jason Edwards said: “Through ‘myVault’, we have extended traditional KYC to a new eKYC offering which includes Self-Sovereign Identity; the consumer has control, sole ownership and management of their digital identity as well as how their data is stored, shared or used for verification.
“With accurate consumer details, official attestation, biometric matching and traditional documentation, myVault is a new paradigm in APAC consumer onboarding for financial service providers.”
-- BERNAMA
Thursday, October 31, 2019
Tuesday, October 29, 2019
NETWORK CRITICAL JOINS ENDACE FUSION PARTNER PROGRAM
Network Visibility Specialists Endace and Network Critical Partner to Provide Deeper Insight into Network Traffic
AUCKLAND, New Zealand & LONDON, Oct 23 (Bernama-BUSINESS WIRE) -- Endace, a world leader in high-speed network recording, playback and analytics hosting, and Network Critical, which produces industry-leading network TAPs and packet brokers, announced today that Network Critical has joined the Endace Fusion Partner Program.
The partnership brings together the EndaceProbe™ Analytics Platform and Network Critical's SmartNA PortPlus™ Packet Brokers, to combine maximum deployment flexibility and streamlined, scale-out expansion capabilities with simple management.
The SmartNA PortPlus can scale from 54 to 194 ports and handle 1/10/25/40/100G traffic speeds, making it easy to match link speeds to sensor capability. Network Critical’s innovative Drag-n-Vu™ Graphical User Interface controls all deployment and management operations with simple drag and click functionality. Users can even develop and implement new filters and port maps in minutes, further simplifying and accelerating deployment and configuration processes.
By combining Network Critical TAPs and packet brokers with EndaceProbes, customers can direct traffic to EndaceProbes for recording to disk and streaming to security analytics solutions hosted in the EndaceProbe’s Application Dock™ hosting environment. With a complete record of every packet on the network, security operations (SecOps) and network operations (NetOps) teams can quickly drill down to full packet capture for fast, definitive issue investigation and resolution.
Endace’s Director of Business Development, Michael Morris, said, “Network Critical’s solutions are a great complement to our EndaceProbe platform. They give customers powerful, precise control over how traffic is directed on the network, and make changing configurations and managing highly scaled, multi-appliance architecture simple.”
“Endace’s ability to accurately record every packet off the wire at full line rate and scale to accommodate very large, fast networks and deep storage requirements is market leading,” said Alastair Hartrup, CEO of Network Critical. “Combined with our solutions, it gives enterprise NetOps and SecOps teams true visibility into what’s happening on their networks.”
Endace and Network Critical are represented in Japan by Nihon Cornet Technology. Visit http://www.nihon-cornet.co.jp/ for more information.
About Endace
Endace’s multifunctional Analytics Platform can host 3rd-party network analytics applications while simultaneously recording a 100% accurate Network History, enabling fast, accurate detection, investigation and analysis of network security and performance issues.
For more information see www.endace.com or follow Endace on Twitter and LinkedIn.
About Network Critical
Network Critical provides the packet-level access needed to deliver scale-out visibility across your entire dynamic network. More than 5,000 companies worldwide across telecom, financial services, retail, healthcare, sports, technology and more depend on Network Critical packet brokers and TAPs for the network traffic insight needed to control changing infrastructure without compromising operations or security. To learn how the company’s unique scale-out visibility layer is helping companies implement software-defined networking, virtualization, edge computing, intent-based policy management and more, visit www.networkcritical.com.
AUCKLAND, New Zealand & LONDON, Oct 23 (Bernama-BUSINESS WIRE) -- Endace, a world leader in high-speed network recording, playback and analytics hosting, and Network Critical, which produces industry-leading network TAPs and packet brokers, announced today that Network Critical has joined the Endace Fusion Partner Program.
The partnership brings together the EndaceProbe™ Analytics Platform and Network Critical's SmartNA PortPlus™ Packet Brokers, to combine maximum deployment flexibility and streamlined, scale-out expansion capabilities with simple management.
The SmartNA PortPlus can scale from 54 to 194 ports and handle 1/10/25/40/100G traffic speeds, making it easy to match link speeds to sensor capability. Network Critical’s innovative Drag-n-Vu™ Graphical User Interface controls all deployment and management operations with simple drag and click functionality. Users can even develop and implement new filters and port maps in minutes, further simplifying and accelerating deployment and configuration processes.
By combining Network Critical TAPs and packet brokers with EndaceProbes, customers can direct traffic to EndaceProbes for recording to disk and streaming to security analytics solutions hosted in the EndaceProbe’s Application Dock™ hosting environment. With a complete record of every packet on the network, security operations (SecOps) and network operations (NetOps) teams can quickly drill down to full packet capture for fast, definitive issue investigation and resolution.
Endace’s Director of Business Development, Michael Morris, said, “Network Critical’s solutions are a great complement to our EndaceProbe platform. They give customers powerful, precise control over how traffic is directed on the network, and make changing configurations and managing highly scaled, multi-appliance architecture simple.”
“Endace’s ability to accurately record every packet off the wire at full line rate and scale to accommodate very large, fast networks and deep storage requirements is market leading,” said Alastair Hartrup, CEO of Network Critical. “Combined with our solutions, it gives enterprise NetOps and SecOps teams true visibility into what’s happening on their networks.”
Endace and Network Critical are represented in Japan by Nihon Cornet Technology. Visit http://www.nihon-cornet.co.jp/ for more information.
About Endace
Endace’s multifunctional Analytics Platform can host 3rd-party network analytics applications while simultaneously recording a 100% accurate Network History, enabling fast, accurate detection, investigation and analysis of network security and performance issues.
For more information see www.endace.com or follow Endace on Twitter and LinkedIn.
About Network Critical
Network Critical provides the packet-level access needed to deliver scale-out visibility across your entire dynamic network. More than 5,000 companies worldwide across telecom, financial services, retail, healthcare, sports, technology and more depend on Network Critical packet brokers and TAPs for the network traffic insight needed to control changing infrastructure without compromising operations or security. To learn how the company’s unique scale-out visibility layer is helping companies implement software-defined networking, virtualization, edge computing, intent-based policy management and more, visit www.networkcritical.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20191022005387/en/
Contact
Endace
Email: pr@endace.com
Asia Pacific: Mark Evans, VP Marketing
+64-21-494 850
Network Critical
Email: ajcogswell@voxuspr.com
EMEA: Anthony Cogswell
(253) 444-5980
Source : Endace
--BERNAMA
Contact
Endace
Email: pr@endace.com
Asia Pacific: Mark Evans, VP Marketing
+64-21-494 850
Network Critical
Email: ajcogswell@voxuspr.com
EMEA: Anthony Cogswell
(253) 444-5980
Source : Endace
--BERNAMA
Monday, October 28, 2019
JUMIO RECOGNISED AGAIN IN GARTNER’S 'MARKET GUIDE FOR IDENTITY PROOFING AND CORROBORATION'
KUALA LUMPUR, Oct 22 (Bernama) -- Jumio, the leading AI-powered trusted identity as a service provider has been recognised as a Representative Vendor in Gartner’s latest ‘Market Guide for Identity Proofing and Corroboration’ for the second consecutive year.
Representative Vendors were selected on the basis of one or both of the following: frequent inquiry by Gartner clients about that vendor for identity proofing use cases, vendor offers capabilities supporting identity proofing and corroboration in a way that is unique, innovative and/or demonstrates a forward-looking product strategy.
A key finding of the Market Guide states: “Unrelenting breaches of personal data, as well as usernames and passwords, continue. Given this trend and emerging attack vectors such as synthetic identity fraud, enterprises must move to continuous, risk-based assessment of any claimed identity, both at the establishment of a relationship and in every subsequent interaction.”
Another important finding within the report notes: “There continues to be increased overlap between authentication, identity proofing and fraud detection use cases, leading to blurred lines in terms of internal responsibilities and vendor capabilities.”
Jumio enables modern enterprises to leverage the same biometric — a 3D face map — for initial identity proofing and ongoing user authentication, offering a viable alternative to knowledge-based verification and authentication methodologies.
By using the same biometric upfront and an ongoing basis, organisations can more effectively establish an identity corroboration hub and reliably assess the digital identities of remote users.
More information at https://www.jumio.com.
-- BERNAMA
Sunday, October 27, 2019
Unlikely, mega typhoons affect Japan's major insurance group capitalisation
KUALA LUMPUR, Oct 18 -- The recent mega typhoons in Japan are unlikely to affect the financial stability of the country’s three major non-life insurers due to appropriate catastrophe risk management and strong capitalisation levels.
This is according to a new AM Best commentary titled, ‘Typhoons Faxai and Hagibis Unlikely to Impact Japanese Insurers’ Capitalization’.
AM Best states that net of reinsurance, the total catastrophe loss impact of Typhoon Faxai on MS&AD Insurance Groups Holdings Inc, Sompo Japan Nipponkoa Insurance Inc and Tokio Marine & Nichido Fire Insurance Co Ltd is unlikely to exceed JPY 200 billion. (JPY 100 = RM3.86)
AM Best believes that the losses from Typhoon Hagibis will be largely driven by flood impact, rather than wind damage.
The global rating agency expects the three mega insurance groups’ gross losses from Typhoon Hagibis to be as significant as that from Typhoon Faxai, albeit possibly less severe than Typhoon Jebi last year.
In AM Best’s view, the underwriting profit generated by the domestic business of the three mega insurers this year should be sufficient to cover the expected net losses from typhoons Faxai and Hagibis, although claims from Typhoon Hagibis may result in it exceeding its domestic catastrophe loss budget for the year.
AM Best will continue to monitor the financial impact of typhoons Faxai and Hagibis on its rated entities and provide updates on ratings as necessary.
-- BERNAMA
This is according to a new AM Best commentary titled, ‘Typhoons Faxai and Hagibis Unlikely to Impact Japanese Insurers’ Capitalization’.
AM Best states that net of reinsurance, the total catastrophe loss impact of Typhoon Faxai on MS&AD Insurance Groups Holdings Inc, Sompo Japan Nipponkoa Insurance Inc and Tokio Marine & Nichido Fire Insurance Co Ltd is unlikely to exceed JPY 200 billion. (JPY 100 = RM3.86)
AM Best believes that the losses from Typhoon Hagibis will be largely driven by flood impact, rather than wind damage.
The global rating agency expects the three mega insurance groups’ gross losses from Typhoon Hagibis to be as significant as that from Typhoon Faxai, albeit possibly less severe than Typhoon Jebi last year.
In AM Best’s view, the underwriting profit generated by the domestic business of the three mega insurers this year should be sufficient to cover the expected net losses from typhoons Faxai and Hagibis, although claims from Typhoon Hagibis may result in it exceeding its domestic catastrophe loss budget for the year.
AM Best will continue to monitor the financial impact of typhoons Faxai and Hagibis on its rated entities and provide updates on ratings as necessary.
-- BERNAMA
Saturday, October 26, 2019
Hyland expands services, leading evolving industry needs across Asia
KUALA LUMPUR, Oct 18 -- Hyland, a leading content services provider for global organisations has expanded and tailored to the company’s solutions to match changing needs in Singapore.
The evolution is in line with Gartner's repositioning of the sector in recent years.
Hyland (Asia-Pacific) director Eugene Chng said: “Nearly two years ago, Gartner saw that typical reference points to traditional content solutions, such as the Enterprise Content Management platform, were no longer relevant.
“Gartner foresaw that cloud adoption and increased integration was going to drive more flexible, holistic tools.
“It marked a shift in our industry and we now refer to our offerings as Content Services, an umbrella term for the complete range of technologies and tools an enterprise requires for safe, fast, accurate capture, case management, workflow, multi-channel customer communications and document lifecycle management.”
Hyland’s Brainware Intelligent Capture is now being deployed across many industries in the Asia Pacific region to accurately capture paper and electronic documents and seamlessly index content to core business applications.
Use of such solutions and services is allowing organisations to reduce costs and improve speed, accuracy and transparency by minimising repetitive, manual tasks at the same time as removing process bottlenecks.
Customer retention is key in this connected economy and customer communication management solutions ensure that businesses have an effective way to create high quality content to achieve effective, personalised communications with their customers.
-- BERNAMA
The evolution is in line with Gartner's repositioning of the sector in recent years.
Hyland (Asia-Pacific) director Eugene Chng said: “Nearly two years ago, Gartner saw that typical reference points to traditional content solutions, such as the Enterprise Content Management platform, were no longer relevant.
“Gartner foresaw that cloud adoption and increased integration was going to drive more flexible, holistic tools.
“It marked a shift in our industry and we now refer to our offerings as Content Services, an umbrella term for the complete range of technologies and tools an enterprise requires for safe, fast, accurate capture, case management, workflow, multi-channel customer communications and document lifecycle management.”
Hyland’s Brainware Intelligent Capture is now being deployed across many industries in the Asia Pacific region to accurately capture paper and electronic documents and seamlessly index content to core business applications.
Use of such solutions and services is allowing organisations to reduce costs and improve speed, accuracy and transparency by minimising repetitive, manual tasks at the same time as removing process bottlenecks.
Customer retention is key in this connected economy and customer communication management solutions ensure that businesses have an effective way to create high quality content to achieve effective, personalised communications with their customers.
-- BERNAMA
Friday, October 25, 2019
World wants bigger chunk of fresh meat, forecast annual growth
KUALA LUMPUR, Oct 17 -- Fresh meat represents 89 per cent of the total volume of meat sold globally and it is projected to grow by two per cent annually through 2023.
Euromonitor International has released the findings during its webinar ‘The future of meat: is consumption really decreasing?’, according to a statement.
“While environmental, health and ethical motives are driving consumers to cut back on meat in some developed markets, global meat sales are growing, mostly driven by demand in developing nations,” said Euromonitor International industry manager (food and nutrition), Tom Rees.
According to Euromonitor International’s health and nutrition survey, 21 per cent of the surveyed global consumers are trying to limit their meat intake, driving sales of global meat substitutes to reach US$23 billion by 2023. (US$1 = RM4.19)
Western Europe shows the slowest growth in total volume sales, both in fresh and processed meat, at 0.1 per cent and -0.1 per cent, respectively, through 2023.
In addition, Middle East and Africa recorded the most impressive growth at over four per cent through 2023, while in Asia Pacific, demand continues to grow as consumers relate meat consumption to health and social status.
Euromonitor International is the world’s leading provider for global business intelligence, market analysis and consumer insights. More information at https://www.euromonitor.com.
-- BERNAMA
Euromonitor International has released the findings during its webinar ‘The future of meat: is consumption really decreasing?’, according to a statement.
“While environmental, health and ethical motives are driving consumers to cut back on meat in some developed markets, global meat sales are growing, mostly driven by demand in developing nations,” said Euromonitor International industry manager (food and nutrition), Tom Rees.
According to Euromonitor International’s health and nutrition survey, 21 per cent of the surveyed global consumers are trying to limit their meat intake, driving sales of global meat substitutes to reach US$23 billion by 2023. (US$1 = RM4.19)
Western Europe shows the slowest growth in total volume sales, both in fresh and processed meat, at 0.1 per cent and -0.1 per cent, respectively, through 2023.
In addition, Middle East and Africa recorded the most impressive growth at over four per cent through 2023, while in Asia Pacific, demand continues to grow as consumers relate meat consumption to health and social status.
Euromonitor International is the world’s leading provider for global business intelligence, market analysis and consumer insights. More information at https://www.euromonitor.com.
-- BERNAMA
TomTom launches second generation Road Event Reporter
KUALA LUMPUR, Oct 17 -- TomTom, the location technology specialist has launched its second generation, Road Event Reporter for reporting road closures, works and events.
The TomTom Road Event Reporter is an easy-to-use web-based application that allows road authorities and trusted partners to help drivers avoid unnecessary delay and frustration by reporting current and upcoming road events.
The free-to-use application is a map-based tool which allows the visualisation of traffic flow and incidents. It is available in the 81 countries where TomTom provides real-time traffic information.
According to TomTom Traffic and Travel Information vice-president, Ralf-Peter Schäfer, government agencies, automotive and logistics customers, as well as drivers in general, rely on its real-time traffic information to keep moving.
“That’s why we’ve developed our next-generation Road Event Reporter tool which is even more intuitive for cities and road authorities to use,” said Schäfer.
With Road Event Reporter, cities and road authorities can announce roadworks in time for drivers to find new routes and prevent congestion from forming.
It also enables event organisers to announce races, festivals or street markets that might disrupt traffic.
Headquartered in Amsterdam with offices in 30 countries, TomTom’s technologies are trusted by hundreds of millions of people worldwide. More information at https://www.tomtom.com.
-- BERNAMA
The TomTom Road Event Reporter is an easy-to-use web-based application that allows road authorities and trusted partners to help drivers avoid unnecessary delay and frustration by reporting current and upcoming road events.
The free-to-use application is a map-based tool which allows the visualisation of traffic flow and incidents. It is available in the 81 countries where TomTom provides real-time traffic information.
According to TomTom Traffic and Travel Information vice-president, Ralf-Peter Schäfer, government agencies, automotive and logistics customers, as well as drivers in general, rely on its real-time traffic information to keep moving.
“That’s why we’ve developed our next-generation Road Event Reporter tool which is even more intuitive for cities and road authorities to use,” said Schäfer.
With Road Event Reporter, cities and road authorities can announce roadworks in time for drivers to find new routes and prevent congestion from forming.
It also enables event organisers to announce races, festivals or street markets that might disrupt traffic.
Headquartered in Amsterdam with offices in 30 countries, TomTom’s technologies are trusted by hundreds of millions of people worldwide. More information at https://www.tomtom.com.
-- BERNAMA
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