Tuesday, June 10, 2025
AI-Media Transforms Multilingual Accessibility With LEXI VOICE At InfoComm 2025
Monday, June 9, 2025
STELLAR CYBER NAMED CHALLENGER IN GARTNER’S MAGIC QUADRANT FOR NDR
KUALA LUMPUR, June 10 (Bernama) -- Stellar Cyber, the cybersecurity illumination company, announced it has been positioned by Gartner Inc in the Challenger Quadrant of the inaugural Magic Quadrant for Network Detection and Response (NDR).
According to a statement, Stellar Cyber stands out as the only vendor to be positioned in the Challengers Quadrant, underscoring its unique position in the evolving NDR landscape.
Stellar Cyber chief executive officer, Changming Liu emphasised that being recognised as a Challenger by Gartner highlights the strength of its platform and strategic vision.
He noted that the recognition validates the company's commitment to providing innovative, user-friendly, and cost-effective cybersecurity solutions tailored to the needs of midmarket organisations.
The company’s NDR technology is natively built into its award-winning Open XDR platform, delivering a fully unified experience for end users. This integration offers security teams live, real-time visibility into user and system behaviour.
Stellar Cyber’s live network traffic analysis capabilities include correlated insights of network, endpoints, cloud, and identity data; artificial intelligence or machine learning for automated triage, alert noise reduction, and root cause analysis; and a unified dashboard enabling detection, investigation, and response in a single interface.
-- BERNAMA
Tuesday, June 3, 2025
Grow Your IB and Affiliate Business with Axi at the 2025 Money Expo Colombia
Event attendees will have the opportunity to explore how they can grow their IB and Affiliate business. “We invite all traders to visit our booth and connect with our team,” says Santiago Vazquez-Munoz, Regional Head for UK, Europe, and LATAM, before adding, “We look forward to showcasing how our exceptional partnership opportunities can help traders elevate their business. Attendees at the expo will also have access to exclusive deals available only during the event.” Furthermore, attendees will also have the opportunity to learn about Axi Select, Axi’s capital allocation program featuring zero registration or registration fees, capital funding up to $1,000,000 USD, the opportunity to earn up to 90% of the profits, and advanced tools to accelerate traders’ trading potential.
Football enthusiasts can also visit Axi’s booth to get an inside look at the broker’s longstanding partnership with Manchester City, Premier League Champions. Manchester City memorabilia and the club’s mascots will be on-site for photo opportunities, and attendees will have the chance to win exciting prizes from the broker – including signed player shirts and other merchandise.
The broker has a longstanding partnership with Manchester City FC, Girona FC, and Esporte Clube Bahia. In 2023, they also announced England international John Stones as their Brand Ambassador. In 2024, the broker was recognised with the ‘Innovator of the Year’ award at the Dubai Forex Expo, and was honoured by Finance Feeds with the titles of ‘Most Reliable Broker’, ‘Broker of the Year’ and ‘Most Innovative Proprietary Trading Firm’.
Watch video : https://youtu.be/92qBSHsGHMM?si=0pdt_bV7sAdQVOsB
About Axi
Axi is a global online FX and CFD trading company, with thousands of customers in 100+ countries worldwide. Axi offers CFDs for several asset classes including Forex, Shares, Gold, Oil, Coffee, and more.
For more information from Axi, please contact: mediaenquiries@axi.com
The Axi Select program is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available to AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees and minimum deposit apply.
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
SOURCE : AxiTrader Limited
Tuesday, May 13, 2025
CAKE DIGITAL BANK ACHIEVES HIGHEST-LEVEL IBETA FACIAL BIOMETRIC CERTIFICATION
KUALA LUMPUR, May 13 (Bernama) -- Cake Digital Bank has made history as the first digital-only bank in Southeast Asia to secure ISO/IEC 30107-3 Level 2 certification from iBeta for its facial biometric solution, Cake Face Authen.
According to the bank in a statement, this certification represents the highest level of facial spoofing protection recognised by iBeta in this technology category.
Its chief executive officer, Nguyễn Hữu Quang expressed pride in the achievement, noting it underscores the bank’s independence in technology development and its dedication to global security standards.
He emphasised that Cake's innovations not only safeguard users but also contribute to the digital transformation of Vietnam’s financial industry.
Developed entirely by Cake’s Vietnamese engineering team, Cake Face Authen uses Passive Liveness Detection to verify a user's identity without requiring physical movements such as blinking, head movements, or facial gestures.
This approach allows for a seamless and secure experience during sensitive tasks like account openings, transaction approvals and spending limit upgrades.
iBeta’s testing showed Cake’s system successfully detected advanced spoofing attempts using 3D printers and resin masks, achieving a flawless performance with zero per cent error in distinguishing real from fake inputs. This places Cake among the only five banking, financial services, and insurance (BFSI) organisations in Vietnam to hold this top-tier certification.
The solution has been fine-tuned using extensive datasets of Vietnamese users, ensuring both cultural relevance and compliance with security standards set by the State Bank of Vietnam. Its broad integration capabilities allow it to be used beyond banking—for security access, attendance tracking and fraud detection in large-scale applications.
In addition to facial recognition, Cake incorporates the FIDO2 passwordless authentication standard and advanced encryption to protect user accounts. As part of its “Next GenAI Bank” vision, the bank uses over 80 artificial intelligence (AI) models for everything from customer service to credit risk management and meets the highest level of payment security under PCI DSS 4.0 Level 1.
-- BERNAMA
Friday, May 9, 2025
AM BEST AFFIRMS VIETNAM NATIONAL REINSURANCE CORPORATION CREDIT RATINGS
KUALA LUMPUR, May 9 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb+” (Good), and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Vietnam National Reinsurance Corporation (VINARE), with a stable outlook.
In a statement, the global credit rating agency said these credit ratings (ratings) reflected VINARE’s very strong balance sheet strength, strong operating performance, neutral business profile and appropriate enterprise risk management (ERM).
VINARE’s balance sheet strength is supported by its risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio, which is expected to remain at the strongest level over the medium term. The reinsurer’s regulatory solvency position also remains well above the minimum requirement.
However, moderating factors include VINARE’s moderate investment risk due to equity holding and a high dividend payout ratio. The company’s moderate reliance on retrocession for underwriting large commercial risks is partly offset by the good credit quality of its retrocession panel.
VINARE’s operating performance is assessed as strong, backed by a five-year average return on equity of 10.6 per cent from 2020 to 2024. In 2024, the company reported a combined ratio of 96.8 per cent, driven by lower expenses but impacted by higher losses from Typhoon Yagi in September.
Investment income remained a key earnings contributor, with a net investment yield of 7.8 per cent in 2024.
AM Best expects VINARE to maintain strong operating performance, supported by favourable underwriting in core commercial lines and robust investment returns.
The company’s business profile is considered neutral, reflecting its position as Vietnam’s national reinsurer with long-standing relationships with local cedants and a well-diversified underwriting portfolio.
VINARE’s ERM is deemed appropriate, underpinned by a developed reporting system and prudent risk management, further supported by technical expertise from its second-largest shareholder, Swiss Reinsurance Company Ltd.
-- BERNAMA
Monday, May 5, 2025
3Degrees Grows Carbon Asset Development Capabilities in Singapore
- 3Degrees will be expanding its carbon asset development capabilities in Singapore with plans to build a pipeline of high-integrity Article 6 carbon projects across Southeast Asia and beyond, supporting the region’s growing demand for trusted climate solutions.
- The expansion will be supported by the Singapore Economic Development Board (EDB)’s pilot Carbon Project Development grant that seeks to catalyze a new wave of early-stage carbon projects, aligned with Article 6 of the Paris Agreement.
- The initiative reinforces Singapore’s position as a global hub for high-integrity climate solutions and marks a key milestone in 3Degrees’ continued expansion in Asia Pacific.
SINGAPORE, May 5 (Bernama-BUSINESS WIRE) -- 3Degrees, a leading global climate solutions provider, announced today that it will be expanding its carbon asset development capabilities in Singapore. The move will see the company developing a pipeline of projects that are aligned with Article 6 of the Paris Agreement across Southeast Asia and beyond, supporting the region’s growing demand for credible, science-based climate action. The company brings nearly two decades of market experience and technical expertise to the region and is well-positioned to help operationalize Article 6 through high-integrity, scalable project development—enabling both environmental impact and market confidence.
This expansion will be supported by the Singapore Economic Development Board (EDB)’s Carbon Project Development grant. The grant aims to support early-stage carbon project development and financing activities for Article 6 carbon credit projects. The initiative reinforces Singapore’s position as a global hub for high-integrity climate solutions and marks a key milestone in 3Degrees’ continued expansion in Asia Pacific.
This collaboration represents a key pillar in 3Degrees’ broader Asia Pacific strategy. As regional buyers await greater clarity around compliance schemes, many remain cautious in the voluntary carbon market. By proactively developing high-quality, compliance-aligned credits, 3Degrees is helping to unlock market participation while cultivating local talent and delivering tailored solutions to new and existing clients.
The company’s strong track record in carbon project development—including methane management programs with significant untapped potential in Asia—is supported by in-house policy experts, deep origination and trading experience, and an established network of on-the-ground partners. This end-to-end value chain expertise enables 3Degrees to meet the evolving needs of its global clientele of corporate buyers and multinationals in Asia, project developers, and policymakers alike.
“As countries move to operationalize Article 6, trust and technical rigor will be essential,” said Philippe Vedrenne, CEO, 3Degrees. “Singapore has emerged as a leader in building a transparent, high-integrity carbon ecosystem—and we are honored to support that vision. With EDB’s partnership, 3Degrees is committed to building a pipeline of transformative carbon projects across Southeast Asia that deliver real impact, both for the climate and local communities.”
Mr Lim Wey-Len, Executive Vice President, EDB, said, “3Degrees’ investment in Singapore reinforces our position as an attractive carbon services and trading centre in the heart of Asia. 3Degrees’ experience in carbon project development will also support the development of such skillsets in Singapore and create good jobs for Singaporeans. We welcome more leading project developers and corporates to tap on growth opportunities in Singapore and the region.”
Singapore’s status as a base for multinational corporations and its leadership in carbon policy and innovation make it an ideal platform for regional market enablement. Through this initiative, 3Degrees will deepen engagement with local stakeholders to scale both nature-based and technology-driven carbon solutions across Southeast Asia.
The partnership was formally recognized at a signing ceremony held on 5 May 2025 at Marina Bay Sands, Singapore, where 3Degrees’ Board Chair and Co-Founder Dan Kalafatas joined Mr Jermaine Loy, Managing Director of EDB, and Mr Lim Wey-Len, Executive Vice President at EDB, to commemorate the collaboration.
About 3Degrees
3Degrees is a leading global climate solutions provider, pioneer of environmental markets, and Certified B Corporation with offices across Asia, North America, and Europe. Our work is driven by the need for urgent climate action and has been for nearly 20 years. We deliver a full suite of clean energy and decarbonization solutions to help global Fortune 500 companies, utilities, and other organizations achieve their climate goals and address emissions in the fight against climate change. The 3Degrees team brings a commitment to integrity and deep expertise in climate strategy and implementation across scopes 1, 2, and 3 emissions, including global environmental commodities, renewable energy and carbon project development, and supply chain decarbonization. We help develop and deploy impactful climate solutions that make good business sense and advance an equitable transition to a low-carbon future. Learn more at 3Degrees.com or follow us on LinkedIn.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20250504940712/en/
Contact
Joscelin Tay
Marketing Manager, APAC
jtay@3degrees.com
+65 9848 271
Source : 3Degrees
Monday, April 28, 2025
AM Best Affirms Credit Ratings of Tower Limited
The ratings reflect Tower’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
Tower’s balance sheet strength assessment is underpinned by its risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio (BCAR), which was at the strongest level at fiscal year-end 2024 (30 September 2024). Following a dividend payment and share buyback in the first half of fiscal year (FY) 2025, AM Best expects Tower’s risk-adjusted capitalisation to decline but remain at least at the very strong level over the medium term, supported by retention of earnings. In addition, Tower’s regulatory solvency capital under the latest Interim Solvency Standard is expected to maintain a healthy capital buffer above the minimum requirements. Other supporting factors include strong financial flexibility, a prudent reinsurance programme and a conservative investment strategy.
AM Best assesses Tower’s operating performance as adequate. The company has a track record of adequate operating performance, albeit with a moderate level of volatility due to catastrophe events. Tower’s operating earnings are driven predominantly by technical performance coupled with modest investment income. In FY 2024, the company reported a return-on-equity ratio of 22.6% and a net/net combined ratio of 83.1%. AM Best expects Tower to report positive underwriting and operating results over the medium term, supported by appropriate risk selection, pricing and positive investment returns.
Tower is a medium-sized non-life insurer that operates predominantly in New Zealand, with some operations in the Pacific Islands. Tower’s core product offerings include domestic home and motor insurance, typically distributed through direct channels and partnerships. Whilst the market share in the overall non-life market is modest at approximately 5%, the company has a solid market position in its core insurance segments in New Zealand.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.
AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20250425357862/en/
Contact
Ken Lau
Senior Financial Analyst
+65 6303 5023
ken.lau@ambest.com
Yi Ding
Associate Director
+65 6303 5021
yi.ding@ambest.com
Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com
Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com
Source : AM Best