Sunday, July 31, 2022

EXPENSICON, THE WORLD'S ONLY ACCOUNTING AND FINTECH FESTIVAL HOSTED BY EXPENSIFY, IS BACK IN ITALY FOR 2023

The invite-only, all-expenses-paid event at Borgo Egnazia in Puglia will bring together 100 of the top accounting firms and fintech players from around the globe to kickstart the creation of an industry-changing community

PORTLAND, Ore., July 27 (Bernama-BUSINESS WIRE) -- Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today announced the return of ExpensiCon on May 18-22, 2023, in Puglia, Italy. An exclusive group of world-class accountants and fintech titans are invited to the Italian countryside for five days of community building, thought leadership, networking, roundtable sessions, and surprise events amongst the olive groves. Previous ExpensiCons in Bora Bora and Maui included attendees from PwC, Deloitte, BDO, CLA, Baker Tilly, and EisnerAmper, as well as fireside chats with Travis Kalanick of Uber, Zach Nelson of NetSuite, and Rod Drury of Xero.
 
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220725005172/en/

"ExpensiCon is how we share our motto 'Live Rich, Have Fun, and Save The World' with our top partners and industry thought leaders to build a new type of community that’s laser focused on the future,” says David Barrett, founder and CEO of Expensify. “And what better place to kick things off than a five-star luxury retreat, worlds away from the distractions of everyday life? It’s the perfect environment to grow productive relationships with the most brilliant minds, and focus on solving the industry’s most pressing problems.”

The event will include a mix of keynotes, roundtable discussions, fireside chats, 1-on-1 networking opportunities and strategy sessions, and VIP events. In addition, attendees and their guests will also experience the beauty of Puglia on curated relationship-building excursions throughout the region that feature pasta making,yacht tours, and more. 

Saturday, July 30, 2022

Automox expands into Europe and Australia

KUALA LUMPUR, July 28 (Bernama) -- Cloud-native Information Technology Operations (ITOps) provider Automox has expanded into the United Kingdom (UK) and Australian markets through a new partnership with QBS Group.

The company also plans to further expand into the Middle East and Singapore, a statement from Automox said.

Its various expansion plans are driven by global customer demand for cloud-native solutions that make it easy to keep every endpoint updated and secure from anywhere in the world.

The company’s foray into different parts of the world also strengthens Automox’s Rapid7 partnership, as QBS Group is one of Rapid7’s largest partners, the statement said.

“The UK and Australian markets present a great opportunity for Automox as we continue to grow and expand our customer base,” Automox chief executive officer Tim Lucas said, adding that the company has strong relationships with its partner community, including Rapid7.

Automox is also excited to broaden that network with its new partnership with QBS Group.

Earlier this year, Automox announced the availability of its new automated vulnerability remediation (AVR) solution. QBS Group will now have the ability to better serve its global partners and customers with the availability of AVR and Automox’s full suite of ITOps solutions.

More details at www.automox.com.

-- BERNAMA

Friday, July 29, 2022

HPTN STUDY: SUSTAINED EFFICACY OF LONG-ACTING CABOTEGRAVIR FOR PREP AMONG CISGENDER WOMEN



KUALA LUMPUR, July 29 (Bernama) -- New findings from the HPTN 084 long-acting cabotegravir (CAB) for pre-exposure prophylaxis (PrEP) study has revealed that reductions in Human Immunodeficiency Virus (HIV) incidence were sustained in the 12 months following trial unblinding (Nov 5, 2020 through Nov 5, 2021).

Researchers from the HIV Prevention Trials Network (HPTN) presented the updated results of the study at the AIDS 2022 conference in Montreal, Canada, HPTN said in a statement.

“These results are encouraging as CAB efficacy was sustained during the 12 months following unblinding, confirming a high level of protection against HIV acquisition among study participants assigned female at birth,” said Dr. Sinead Delany-Moretlwe, HPTN 084 protocol chair, director of research at Wits RHI, and research professor at the University of the Witwatersrand in Johannesburg, South Africa.

HPTN 084 is an ongoing Phase 3 randomised, controlled trial that previously demonstrated the superiority of ViiV Healthcare’s CAB compared to daily oral tenofovir/emtricitabine (TDF/FTC) for HIV prevention in individuals assigned female at birth.

HPTN 084 enrolled 3,223 cisgender women at research sites in Botswana, Eswatini, Kenya, Malawi, South Africa, Uganda, and Zimbabwe.

Meanwhile, Dr Myron Cohen, HPTN co-principal investigator, and director of the Institute for Global Health at the University of North Carolina in Chapel Hill, said: “HIV infection continues to threaten the health of women worldwide.

“Empowering women with safe and effective PrEP options is critical to reducing HIV as a global health threat.”

HPTN is a worldwide collaborative clinical trials network that brings together investigators, ethicists, community members, and other partners to develop and test the safety and efficacy of interventions designed to prevent the acquisition and transmission of HIV.

-- BERNAMA

AGC Biologics announces new partnership with Altheia Science

KUALA LUMPUR, July 29 (Bernama) -- AGC Biologics, a leading global Biopharmaceutical Contract Development and Manufacturing Organisation, has announced a new partnership with gene therapy company, Altheia Science.

“We are pleased that Altheia Science has placed their trust in our cell therapy and viral vector services, and our Milan site, at this important stage in their product’s lifecycle,” said AGC Biologics chief business officer JB Agnus in a statement.

Through this partnership, Altheia Science will advance its development of autoimmunity treatments.

“The AGC Biologics Milan site has a long-standing expertise in successfully developing stem cell-based gene therapies, from clinical testing up to commercialisation,” said Altheia Science chief executive officer Paolo Rizzardi.

“We believe this partnership is key in supporting our gene therapy programmes and making these innovative therapies available to patients.”

The AGC Biologics Milan facility has one of the strongest development and manufacturing track records in the global cell and gene industry, working with virtually any cell type and lentiviral, retroviral and adeno‐associated viral vectors.

AGC Biologics’ cell therapy services and viral vector capabilities leverage the latest technology and processes, including proprietary platforms developed to address the evolving advanced therapies industry.

More details at www.agcbio.com.

-- BERNAMA

Thursday, July 28, 2022

NIPPON EXPRESS (CHINA) BEGINS PROVIDING CONSOLIDATED TRANSPORT SERVICE USING SCHEDULED RORO VESSEL BETWEEN QINGDAO AND OSAKA

 

AsiaNet 97215

TOKYO, July 28, 2022 /Kyodo JBN-AsiaNet/ --

Nippon Express (China) Co., Ltd. (hereinafter "NX China"), a group company of Nippon Express Holdings, Inc., launched its own consolidated transport service between Qingdao and Osaka on June 11 using a scheduled RORO vessel known for its speed and punctuality.
 
Logo: https://kyodonewsprwire.jp/img/202207254265-O3-TrMAc08G
 
Image1:
https://kyodonewsprwire.jp/prwfile/release/M103866/202207254265/_prw_PI7fl_VH5yKfYU.jpg
 
 
Image2:
https://kyodonewsprwire.jp/prwfile/release/M103866/202207254265/_prw_PI8fl_cwi8Z62F.jpg
 
 
With the Regional Comprehensive Economic Partnership (RCEP) agreement (*) having gone into effect this past January, trade between Japan and China has picked up and demand for cross-border electronic commerce (EC) products, fresh foods and other consumer goods has risen rapidly.
 
To provide its customers with better transport options, NX China has developed its own consolidated transport service offering speed and punctuality via a scheduled RORO vessel operated by China's Dongchen Line Co., Ltd. (DCL), to connect Qingdao and Osaka in three days. The lead time is comparable to that of air transport while being much less expensive. This service is available not only for container cargo but for special-sized and long-length bulk cargo as well.
 
(*) Regional Comprehensive Economic Partnership (RCEP) agreement
Fifteen countries -- Japan, China, South Korea, the 10 ASEAN member states, Australia and New Zealand -- have signed this economic cooperation agreement covering a region accounting for about 30% of the world's GDP, total trade and population and about 50% of Japan's total trade (as of April 2022).
 
The NX Group will continue meeting the diversifying logistics needs of its customers with the aim of "creating new ideas and value that expand the field of logistics" as stated in its corporate philosophy.
 
Service overview and features
-Frequency: One sailing per week (using DCL's scheduled RORO vessel)
-Lead time: Transport between Qingdao Port and Osaka Port in three days
*Air transport requires two days and conventional ocean transport six days (for transport arranged by NX China).
-Quality: Safe and high-quality transport service is provided through a seamless transport system managed from departure to destination by the NX Group.
-Cost performance: About one-fourth the cost of air freight for shipments of 150 kg or more
 
Nippon Express website: https://www.nipponexpress.com/
 
NX Group's official LinkedIn account:
https://www.linkedin.com/company/nippon-express-group/
 

Source: Nippon Express Holdings, Inc.

Wednesday, July 27, 2022

Herbal Square launches B2B marketplace for herbal, aromatherapy products

KUALA LUMPUR, July 27 (Bernama) -- Herbal Square Ltd, headquartered in Yokohama, Kanagawa Prefecture, has officially launched HerbaromaTrade -- an online business-to-business (B2B) marketplace dedicated to herbal and aromatherapy products -- on July 22, 2022.

Since the start of a prelaunch service on June 11, global suppliers from 21 countries have registered some 500 products, and strong demand for this service was confirmed through various hearings.

Thus, Herbal Square decided to officially launch HerbaromaTrade as originally planned, according to a statement.

In the coming months, HerbaromaTrade plans to enhance the service. It aims to get registrations for 4,000-5,000 products at the end of September 2022 and focus on attracting buyers from October to December 2022.

HerbaromaTrade’s basic function is available for free of charge while paid members are eligible for upgraded functions. Suppliers have the opportunity to showcase their products to global buyers.

More details are available at https://herbaroma-trade.com/

-- BERNAMA

Rajant achieves certification for Komatsu's FrontRunner Autonomous Haulage Solution

KUALA LUMPUR, July 27 (Bernama) -- Rajant Corporation, the pioneer of Kinetic Mesh® wireless networks, and Komatsu have achieved Rajant certification for Komatsu’s FrontRunner® Autonomous Haulage Solution (AHS).

Komatsu is a developer and supplier of heavy equipment and services for the construction, mining, forklift, industrial, and forestry markets.

Validation for FrontRunner AHS was completed in just six months, according to a statement.

“Achieving Rajant certification with Komatsu reflects the work of many individuals and addresses a key request from our mutual customers to continue utilising both companies’ advanced solutions,” said Rajant Corporation’s Vice President of Sales - Americas, Sagar Chandra.

Meanwhile, Komatsu’s product manager for autonomous systems, David Haukeness said: “Reliable communications networks that offer continuous mobile connectivity are crucial to successful autonomous haulage operations.”

“Rajant’s low-latency Kinetic Mesh and support for LTE and WiFi make their network a key part of our efforts to help our customers achieve their autonomous goals.”

Rajant Kinetic Mesh® machine-to-machine (M2M) InstaMesh® technology provides autonomous solutions like Komatsu’s FrontRunner AHS with higher reliability and network resiliency with low latency, which is critical to maintaining ‘always-on’ connectivity for autonomous machines.

Rajant is already co-deployed on Komatsu mining equipment in more than 100 mines globally and is now ready to support Komatsu’s autonomous solutions.

-- BERNAMA

SMART MODULAR TECHNOLOGIES UNVEILS NEW SSD PRODUCTS



KUALA LUMPUR, July 26 (Bernama) -- SMART Modular Technologies Inc (SMART), a global leader in memory solutions, solid-state drive (SSD) and hybrid storage products, has announced the DuraFlash™ MP3000 portfolio of PCIe NVMe products, which includes M.2 2280, M.2 22110 and E1.S form factors.

These SSDs are available in both industrial and commercial temperature grades, with versions that implement SMART’s SafeDATA™ power-loss, data-protection technology to ensure adept handling of power fluctuations and sudden power loss events.

“We are excited to announce this new series of DuraFlash PCIe NVMe SSD products, which will enable our customers to take advantage of next-gen PCIe Gen 4 x4 compatibility,” said SMART’s Director of Flash products Victor Tsai in a statement.

“Available in three form factors, SMART’s MP3000 line provides options for server and client platforms in both industrial and enterprise environments with capacities ranging from 240GigaBytes to 1920GigaBytes.”

The MP3000 offers speeds up to 3500MB/s Sequential Read and 2000MB/s Sequential Writes. It is compliant to NVMe v1.4 specification with supported enterprise SSD features.

SMART Modular builds upon its decades of experience in supporting demanding environments -- in networking, telecommunications, factory automation, military and industrial -- to bring a solution such as the DuraFlash MP3000 portfolio that meets all of the latest industry standards for performance, security and power-loss protection.

-- BERNAMA

WOLTERS KLUWER FRR WINS THREE AWARDS FOR APAC BUSINESS EXCELLENCE AND INNOVATION

KUALA LUMPUR, July 26 (Bernama) -- Wolters Kluwer Finance, Risk and Regulatory Reporting (FRR) has won three independently judged awards celebrating the excellence and innovation of its Asia Pacific (APAC) business.

As well as winning plaudits for the strength of its risk and regulatory reporting capabilities, Wolters Kluwer FRR APAC managing director Rainer Fuchsluger won an executive management accolade for leading the business in the region.

According to a statement, APAC Insider magazine named the company both Best Risk Firm and Best Regulatory Reporting Firm in its 2022 South East Asia Business Awards.

The South East Asia Business Awards aim to celebrate companies who have strived for excellence in their sector, through dedication, perseverance, and merit, the statement added.

The magazine has also recognised the regional leadership of Fuchsluger, naming him RegTech Executive Leader of the Year, APAC, in the same awards series. 

With more than 20 years of experience in leading various financial services teams, Fuchsluger joined Wolters Kluwer in 2018 from SS&C Technologies where he was regional managing director, Asia, of the Institutional and Investment Management business.

The company’s OneSumX for FRR solution is a best-in-class integrated regulatory compliance and reporting suite, which establishes a single source of data for finance, risk and regulatory reporting that is enriched with value-added content from in-house experts.

Wolters Kluwer FRR, which is part of the company’s governance, risk and compliance (GRC) division, is a global market leader in the provision of integrated regulatory compliance and reporting solutions. 

It supports regulated financial institutions in meeting their obligations to external regulators and their own board of directors.

Wolters Kluwer’s GRC division provides an array of expert solutions to help financial institutions manage regulatory and risk obligations. 

-- BERNAMA

NielsenIQ and Gorillas ink cooperation agreement

​KUALA LUMPUR, July 26 (Bernama) -- Global information services company NielsenIQ and Gorillas have announced a cooperation agreement to connect the agility of the quick-delivery and the power of the big data.

The cooperative relationship will bring manufacturers more detailed insights to enable their businesses to thrive and accelerate with the required velocity and granularity.

“We are thrilled that Gorillas has chosen NielsenIQ to supply them with the most comprehensive consumer data available,” says president, global retail at NielsenIQ, David Johnson.

“Innovation in grocery ecommerce and last mile delivery is moving at lightning speed and our data cooperation will allow for better decisions at Gorillas and with manufacturers, something the industry is excited about.”

With this alliance, NielsenIQ will become Gorillas preferred data and analytics provider in Germany, France, UK, the Netherlands and the US, according to a statement.

NielsenIQ will provide Gorillas with a combination of industry leading analytics, including consumer-sourced panel data and custom retail analytics.

NielsenIQ's combined consumer panel and analytics, the only integrated data set of this capacity available to the industry, brings forth a deeper view of shopper panel data.

With access to the detailed read of sales from Gorillas, NielsenIQ’s benchmarks will be enhanced with the detailed performance read coming straight to clients from the trending quick-commerce industry leader in Europe.

-- BERNAMA

upGrad Announces Merger With Harappa Education

KUALA LUMPUR, July 25 (Bernama) -- upGrad, Asia’s largest integrated higher edtech major, has announced a 100 per cent merger with Harappa Education at a value of US$38 million (RM168.3 million). 

According to a statement, upGrad closed this transaction with the present Harappa shareholders - Bodhi Tree Systems, (a newly formed platform between James Murdoch & Uday Shankar) and co-founders Pramath Raj Sinha and Shreyasi Singh.

Co-founders of upGrad, Ronnie Screwvala & Mayank Kumar said: “We see strong demand from our clients and with Harappa coming in, we believe we’ll be able to grow exponentially within the segment as we cross-leverage the synergies.”

“Pramath and Shreyasi come with a strong business legacy, which in turn, further fuels our ambition of becoming the global edtech leader.”

Meanwhile, Pramath Raj Sinha and Shreyasi Singh: “As a combined force, Harappa and upGrad will anchor our purpose and conviction to create a truly wholesome learning ecosystem for lifelong learners in India and abroad, with our time-tested pedagogy, flagship programmes and rich partnerships to guarantee unmatched outcomes for our learners and clients.”

Harappa Education, the New Delhi-based online learning institution offers self-paced courses to address the spiralling problem of poor employability, inadequate leadership and an ill-equipped workforce. Harappa has an active clientele of 100 mid-large sized organisations.

Started in 2015 as a pioneer in the online education revolution, upGrad has offices in the UK, United States, Middle East, India, Singapore and Vietnam, and with a presence in many more countries.

-- BERNAMA


Boomi's intelligent integration platform to modernise EssilorLuxottica's order processing





KUALA LUMPUR, July 26 (Bernama) -- Boomi™, the intelligent connectivity and automation leader, announced that EssilorLuxottica, a global leader in the eyewear market, has implemented its integration platform as a service (iPaaS) tool.

This is to expedite order processing to meet the higher demand for EssilorLuxottica’s products across ASEAN, the Middle East, Turkey, Africa, India, and Australia and New Zealand (AMERA), Boomi said in a statement.

“Organisations of all sizes in various sectors are under pressure to accelerate transformation to achieve business goals,” said Ajit Melarkode, vice president of business development, Asia Pacific and Japan, at Boomi.

“Boomi's platform and services not only support complex, global systems, making it simpler and more cost-effective to scale operations, but also afford businesses flexibility to integrate additional tools, as it did with EssilorLuxottica AMERA.”

Using the Boomi AtomSphereTM Platform, EssilorLuxottica quickly and easily integrated internal applications and customer orders from a variety of channels in real time, unlocking significant efficiencies and savings.

Unifying data formats and improving data integration between all internal applications became an urgent business need, prompting EssilorLuxottica AMERA to deploy the Boomi AtomSphere Platform, including Boomi’s electronic data interchange (EDI), and API (Application Programming Interface) Management tools.

Running a host of enterprise resource planning systems (ERP), EssilorLuxottica is keen to achieve ERP modernisation and drive the efficiency of its Next GenerationOrder to Cash processing platform, which handles approximately 70,000 to 80,000 orders daily.

Boomi’s iPaaS is trusted by more than 20,000 customers globally for its speed, ease-of-use, and lower total cost of ownership.

More details at http://www.boomi.com.

-- BERNAMA


BUDDHIST LEADER URGES STATES' COMMITMENT IN ADVANCE OF NPT MEETING

KUALA LUMPUR, July 27 (Bernama) -- On July 26, ahead of the Tenth NPT (Treaty on the Non-Proliferation of Nuclear Weapons) Review Conference that will open on Aug 1, Soka Gakkai International (SGI) President Daisaku Ikeda has called on the five nuclear-weapon states to declare that they will never be the first to use nuclear weapons in a conflict: the principle of “No First Use”.

Ikeda urges the five nuclear-weapon states under the NPT to give substance to a joint statement made by their leaders on Jan 3, 2022, that "a nuclear war cannot be won and must never be fought”, by declaring policies of No First Use.

According to a statement, he has proposed three points included in the Final Document of the Review Conference.

The point include that the five nuclear-weapon states pledge to continue to abide by their January Joint Statement, immediately pursuing measures to reduce the risks posed by nuclear weapons in accord with their Article VI nuclear disarmament commitments.

Ikeda, a passionate campaigner for nuclear abolition for over 60 years, also argues that commitment to No First Use would also free resources to protect people from shared threats such as the COVID-19 pandemic and climate change.

During the NPT Review Conference on Aug 4, the SGI will hold a side event promoting No First Use together with other like-minded organisations.

-- BERNAMA

JUMIO ANNOUNCES HIGHEST SALES QUARTER EVER POWERED BY FINANCIAL SERVICES AND HEALTHCARE INITIATIVES

 


Jumio, the leading provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, today announced the highest sales of any quarter in the history of the company. (Graphic: Business Wire)

Jumio, the leading provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, today announced the highest sales of any quarter in the history of the company. (Graphic: Business Wire)


Q2 highlights include launch of San Diego Innovation Lab, key executive hires and industry recognition for KYX Platform

PALO ALTO, Calif., July 27 (Bernama-BUSINESS WIRE) -- Jumio, the leading provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, today announced the highest sales of any quarter in the history of the company. This was fueled by an ongoing need for modern enterprises across all industries and geographies to know and trust their online users, from onboarding to ongoing monitoring.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220726005318/en/
 
This success correlates with the company’s global research, which found that 80% of consumers prefer identity verification measures when choosing online brands, and that financial services (75%) and healthcare (57%) are the most important industries for online identity verification when opening a new account.

The Jumio KYX Platform makes it easy to establish the identity and risk of new users, authenticate and monitor existing users, and detect suspicious transactions to meet increasingly complex compliance mandates.

“As customer choice and satisfaction increasingly relies on an organization’s ability to protect the customer’s identity and data, leading enterprises are entrusting Jumio with the protection of their digital ecosystems more than ever,” said Jumio CEO Robert Prigge. “Our relentless focus on innovation enables our customers and partners to deliver an intuitive and cutting-edge online experience to their end users.”

Other notable achievements in the second quarter included:
  • Key Executive Hires: Susan Walker joined Jumio as chief financial officer in May, bringing more than 25 years of corporate, Wall Street and business strategy experience. Jumio CTO Stuart Wells joined in April after nearly a decade at FICO, where he served as executive vice president and chief product & technology officer.
  • Innovation Lab: Also in April, Jumio unveiled its new Innovation Lab in San Diego, focusing on research and development for the broader technology landscape and enabling Jumio to facilitate innovation on a larger, long-term scale.
  • Industry Recognition: The Jumio KYX Platform was named a gold winner for access compliance and risk management innovation in the 2022 Golden Bridge Business and Innovation Awards.
To learn more about Jumio’s award-winning, AI-powered solutions, visit jumio.com.

About Jumio

When identity matters, trust Jumio. Jumio’s mission is to make the internet a safer place by protecting the ecosystems of businesses through a unified, end-to-end identity verification, eKYC and AML platform. The Jumio KYX Platform offers a range of identity proofing and AML services to accurately establish, maintain and reassert trust from account opening to ongoing transaction monitoring.

Leveraging advanced technology including AI, biometrics, machine learning, liveness detection and automation, Jumio helps organizations fight fraud and financial crime, onboard good customers faster and meet regulatory compliance including KYC, AML and GDPR. Jumio has carried out more than 500 million verifications spanning over 200 countries and territories from real-time web and mobile transactions.

Based in Palo Alto, Jumio operates globally with offices in North America, Latin America, Europe, Asia Pacific and the Middle East and has been the recipient of numerous awards for innovation. Jumio is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners.

For more information, please visit jumio.com.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220726005318/en/

Contact

U.S. Media Contact
Diana Gallagher
10Fold Communications
jumio@10fold.com
408-656-9699

Europe Media Contact
Gemma Lingham
FleishmanHillard UK
gemma.lingham@fleishman.com
+44-752-569-9347

APAC Media Contact
Luke Nazir
FINN Partners
Luke.Nazir@finnpartners.com
+65 8139 2504

LATAM Media Contact
Karina Durán
Nasci Comunicación
karina@nasci.com.mx
+52 55 5139 5482

Source : Jumio

KEPLER GROUP APPOINTS RUCHI PRASAD AS CHIEF LEGAL COUNSEL



KUALA LUMPUR, July 27 (Bernama) -- Kepler Group, a global digital marketing services pioneer, has hired Ruchi Prasad as general counsel to bolster its corporate development and sales partner solutions efforts.

This strategic hire positions Kepler to help clients navigate increasingly complex privacy and regulatory requirements, and to meet increased demand for first-party data solutions, the group said in a statement.

“As we continue to invest in our international expansion and burgeoning partner relationships, Ruchi is exactly the right person to strategically inform these opportunities,” said Kepler’s recently-promoted global chief executive officer, Joshua Lerman.

Ruchi will lead legal affairs for both Kepler, the group’s media activation and marketing strategy arm, and Napkyn, its recently acquired full-stack Google marketing platform sales partner business.

“I am thrilled to join Kepler Group and help catalyse this next stage of growth.

“Kepler and Napkyn leadership teams have built a robust foundation and, as the company continues to innovate and evolve, I look forward to using my experience in global expansion, legal operations, regulatory matters, and data privacy,” she said.

Ruchi brings over 12 years of legal experience in global, high-tech markets, most recently as general counsel for the Americas at Media.Monks and global general counsel for MightyHive.

In addition to responsibility for all aspects of Kepler and Napkyn’s global legal affairs, she will act as an advisor to the firm’s executive leadership on strategic growth initiatives.

-- BERNAMA

Monday, July 25, 2022

JUNIPER RESEARCH: DIGITAL DOMESTIC MONEY TRANSFER TRANSACTION VOLUME TO SURPASS 300 BILLION GLOBALLY BY 2026

 

Superapps Accelerating Digital Domestic Money Transfer Growth


BASINGSTOKE, England, July 25 (Bernama-BUSINESS WIRE) -- A new study from Juniper Research has found the volume of digital domestic money transfer payments will exceed 300 billion globally for the first time in 2026, from 207 billion in 2022; representing growth of nearly 50%.
  • Key Drivers: Superapps, where multiple services including payment and financial transaction processing are available in one app, are driving digitisation of previously cash-based payments, by including messaging and access to other services alongside payments.
China, US and India to Account for 74% of Global Transactions by 2026

The research predicts the top three countries will account for just under 74% of global digital domestic money transfer transactions in 2026, identifying the top three markets for usage as:
  1. China
  2. US
  3. India
The appeal of social payments, where payments are integrated into social platforms, has driven transactions in these three countries. WeChat Pay in China and Venmo in the US were cited by the research as examples of how social payments are driving domestic money transfer. The report recommends money transfer vendors identify the most popular social platforms in each country and aim to create partnerships that enable social payments.

Research co-author Damla Sat explained: “Money transfer vendors should focus on highest growth markets to secure the best return on investment, with Latin America and West Europe identified as having the strongest forecast growth rates.”

Differentiation Challenging in a Highly Competitive Market

The research identified differentiation as a key challenge for money transfer apps, particularly given the highly competitive market landscape. The report identified the superapp approach, where a marketplace of different services is offered in-app, as key to creating money transfer apps that offer greater value for users. Therefore, it recommends vendors onboard other financial service providers and eCommerce merchants, to boost the unique user value their apps represent.

Digital Money Transfer & Remittances market research: https://www.juniperresearch.com/researchstore/fintech-payments/digital-money-transfer-research-report

Download the whitepaper: https://www.juniperresearch.com/whitepapers/three-key-trends-transforming-digital-money

Juniper Research provides research and analytical services to the global hi-tech communications sector; providing consultancy, analyst reports, and industry commentary.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220724005003/en/

Contact

Sam Smith, Press Relations
T: +44(0)1256 830002
E: sam.smith@juniperresearch.com

Source : Juniper Research

Friday, July 22, 2022

BOOMI HASTENS GLOBAL EXPANSION WITH FURTHER INVESTMENT IN JAPAN



KUALA LUMPUR, July 21 (Bernama) -- Boomi™, the intelligent connectivity and automation leader, has announced the expansion of its cloud data centre footprint in Japan to accelerate the deployment of its category-leading integration platform as a service (iPaaS) solutions as demand across Asia-Pacific continues to grow. 

“The expansion of Boomi’s cloud data centre footprint in Japan underscores our commitment to deliver timely, cloud-based integration services to a growing market,” said Head of Business Development, Japan at Boomi, Kazunori Hori.

“With this investment, Boomi will further drive better business outcomes for customers across the region.”

Boomi’s significant expansion in Japan addresses an increased demand in integration and business automation needs across the region, and enhances localisation and support of its award-winning products and services for its more than 20,000 customers and 800 partners worldwide.

The company will also further strengthen its 100,000-strong Boomiverse user community with tailored, regional information and resources as it aims to make the world a better place by connecting everyone to everything, anywhere, according to a statement.

Boomi’s Japanese cloud data centre provides a dedicated location to advance the deployment of the Boomi AtomSphereTM Platform and Master Data Hub service, a cloud-native master data management (MDM) solution that also provides enhanced compliance and data sovereignty for existing customers.

Notable global brands and recognised Japanese companies including Dell Technologies, DNP Information Systems, JERA Corporation, and many other organisations across industries, rely on Boomi’s cloud-native platform to meet their system integration, connectivity, and automation needs.

More details at http://www.boomi.com.

-- BERNAMA

Fastly appoints Vaughan Woods to spearhead ASEAN growth

KUALA LUMPUR, July 21 (Bernama) -- Fastly Inc, the world’s fastest global edge cloud platform, has announced the appointment of Vaughan Woods as area vice president – ASEAN.

Based in Singapore, he will be responsible for charting Fastly’s overall growth strategy and presence in the ASEAN region.

“Our ASEAN expansion from a Singapore base is part of Fastly’s broader commitment to international growth,” senior vice president – international Noel Penzer said in a statement.

“In Asia-Pacific, we are also investing in Australia, Japan, Malaysia, New Zealand, Philippines, South Korea, and Thailand to support both ASEAN customers and our major global customers in those regions.

“Vaughan’s deep expertise in go-to-market strategy, talent development and scaling high-performance organisations will help propel us to the next level of market relevance” he added.

Meanwhile, Woods said: “I’m excited to be joining Fastly at this point in time, as we expect to see the demand for high-performance edge computing and unified web app and API security growing exponentially on a global scale.

“I’m looking forward to helping customers leverage our unique architecture while tailoring solutions specific to their needs and what is critical for their businesses to thrive.”

An industry veteran with over 20 years of sales management and leadership experience in the information technology industry, Woods has previously worked at 3PAR and IBM supporting hundreds of customers throughout the ASEAN region on expanding their digital adoption and presence.

More details can be found at https://www.fastly.com.

-- BERNAMA




Wednesday, July 20, 2022

BOOMI AND NOMURA RESEARCH INSTITUTE PARTNER TO SUPPORT JAPAN'S IT MODERNISATION




KUALA LUMPUR, July 20 (Bernama) -- Boomi, the intelligent connectivity and automation leader, has announced a new partnership agreement with Nomura Research Institute (NRI) Ltd, a leading think-tank and systems integrator in Japan.

According to a statement, Boomi and NRI have launched services for information technology (IT) modernisation and data integration use cases in all industries, based on a mutual understanding of the value of integration platform as a service (iPaaS) for business operations in today’s digital economy.

“As the use of cloud services expands in Japan, legacy integration tools falter, and demand for iPaaS continues to grow rapidly.

“Boomi will boost NRI’s consulting and system implementation support services to help clients quickly and effectively reform their corporate operations,” said Boomi head of business development, Japan, Kazunori Hori.

Meanwhile, NRI, DX Platform Division, senior managing director, Hideki Saito said: “The Boomi AtomSphere Platform will help our clients meet their IT modernisation and data integration needs, and together, we will contribute to solving many of their most pressing business challenges.”

NRI supports corporate business transformation by combining software as a service (SaaS) products and believes integration platforms are increasingly important for businesses to harness the value of their data.

Throughout an enterprise environment, data becomes dispersed and stored among various systems, applications, and siloed workflows, making it essential to use iPaaS for data integration and integrated data management.

After comparing various iPaaS products, NRI selected the Boomi AtomSphere Platform based on its clear licensing structure, ease of development and learning, and stability.

More details at http://www.boomi.com.

-- BERNAMA

OAG DELIVERS ACCESS TO ENTIRE FLIGHT LIFECYCLE THROUGH VERSATILE DATA PLATFORM

 Holistic Flight and Travel Data Creates View of the Whole Passenger Experience, Providing Unmatched Insights for Customers in an Age of Volatility


LONDON, July 20 (Bernama-BUSINESS WIRE) -- OAG, the world’s leading provider of travel data and insight, announces the release of Flight Status Data into its Flight Info Direct solution, delivering instant access to the full lifecycle of a flight. Powered by its Snowflake-enabled data platform OAG Metis, Flight Info Direct currently provides instant access to OAG’s high-value database, including Global Airline Schedules Data, Emissions Data, and Connections Data. Starting today, the release of Flight Status Data will give customers a seamless view of a flight – from its planned schedule to when it lands at its destination.

As demand for high-value insights and operational data soars, being able to view flight data as one by accessing, integrating and blending it into other sources will deliver valuable business benefits and efficiencies to customers, such as removing the silos of legacy systems, delivering end-to-end journey data, and rectifying reconciliation and quality issues.

“Our accelerated solutions and partnerships with leading technology platforms Snowflake and Microsoft Azure make us the perfect partner to help our customers rise above a complex legacy technology landscape,” said Phil Callow, CEO at OAG. “The scale of data-driven opportunities across the entire travel ecosystem – search and booking, hospitality, payments and retail, and more – is enormous. Our versatile, cloud-based data platform seamlessly connects the ecosystem together, and all in one view, to help our customers grow, streamline their operations, and work flexibly at scale.”

This recent release of data onto the platform is the latest evolution of OAG’s product-led growth journey to connect ecosystems and markets with data that empowers better decision-making and innovation.

Callow adds, “We are moving the industry forward by providing frictionless access to high-quality travel data. Being able to view holistic flight data information with the best technology available is a sizeable shift away from the old schedules and status silos of the past.”

OAG has customers across the entire travel ecosystem and is embedded in booking engines, travel and hospitality apps, airline apps, online travel agencies, metasearch, search engines, and flight tracking apps.

To learn more about Flight Status Data, visit https://www.oag.com/status-direct

About OAG

OAG is the leading data platform for the global travel industry, powering the growth and innovation of the air travel ecosystem since 1929. Headquartered in the UK, OAG has operations in the USA, Singapore, Japan, China and Lithuania., Visit: www.oag.com and follow us on Twitter @OAG Aviation.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220719005065/en/

Contact

Media:
Glenn Simpson - Harvard for OAG
pressoffice@oag.com

Source : OAG

INTELLIGENT AUTOMATION LEADER LAIYE APPOINTS BRAHAM SHNIDER TO LEAD GLOBAL STRATEGY AND ECOSYSTEM

 



BEIJING, July 20 (Bernama-BUSINESS WIRE) -- Laiye, a leading global Intelligent Automation provider, is pleased to announce the appointment of Mr. Braham Shnider as Chief Strategy and Ecosystem Officer following its $160 million Series C funding and 7th anniversary celebration.

As Chief Strategy and Ecosystem Officer, Braham will lead the global strategy, M&A, new business incubation, strategic initiatives, ecosystem, developers and partners, accelerating Laiye's presence and ecosystem in the global market. Laiye will continue to revolutionize work in this new era of Artificial Intelligence.

Braham has over 30 years of success in global Sales & Go To Market (GTM) experience with Technology Companies and has worked in over 30 countries. Clients that he has personally assisted include Cisco, Citrix, EMC, Google, HP, IBM, Microsoft, Oracle, Palo Alto Networks, Pure Storage, Red Hat, SAP, VMware & many large, mid and small cap companies.

"We are delighted to have Braham's expertise to further our global strategy and believe that with his leadership and experience, Laiye will address the work execution gap where human workforce needs to be complemented by digital workforce and individual workers need to be up-skilled with intelligent technologies and tools to liberate them from manual and repetitive work. Additionally, Laiye will continue to recruit world-class talent to unlock new opportunities globally." said Guanchun Wang, Chairman and CEO of Laiye.

"I'm looking forward to leading an experienced, passionate and diverse team at Laiye on global strategy, category creation and ecosystem. As we now live in a world of more hybrid workplaces, increasingly distributed workforces and more frequent operational or supply chain disruptions, Laiye is better positioned to make work less work and make human more human." said Braham.

In the last year, Laiye accelerated its international expansion despite the pandemic and is now serving a growing customer base that includes Fortune 500 companies, government agencies, and SMBs. It offers the customer an integrated intelligent automation platform that unifies Conversational AI, Intelligent Document Processing, RPA and Process Mining capabilities to help customers effectively and efficiently execute their business operations.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220719005672/en/

Contact

Crystal Wu, crystalwu@laiye.com

Source : Laiye

Intelly launches innovative real estate investment platform on July 20




KUALA LUMPUR, July 19 (Bernama) -- Blockchain fintech company Intelly is launching a fractional NFT (F-NFT) real estate investment platform on July 20.

Intelly Chief Executive Officer, Ismet Tasceken said: “Switzerland’s outstanding business environment provides stability and predictability essential for fintechs who are active in transforming assets like real estate using blockchain technology.

“We plan to leverage our 30+ years of experience, industry connections, and the power of blockchain to unlock the potential of a new era of real estate investing.”

According to a statement, investors will be given access to property investments worldwide using Intelly’s INTL token to purchase fractional real estate assets on its decentralised real estate investment platform.

Intelly has successfully completed its initial coin offering at the beginning of 2022 and established the Intelly Exchange - a liquid real estate market in which investors can trade F-NFTs priced by market participants based on the underlying asset’s profitability.

Investing in real estate is profitable in the long term but requires a significant initial down payment, which could be a barrier to entry for many investors. Intelly’s F-NFT platform eliminates many steps needed to participate in property investing.

More details at https://intelly.tech.

-- BERNAMA

Tuesday, July 19, 2022

LeddarTech appoints David Torralbo as Chief Legal Officer

KUALA LUMPUR, July 19 (Bernama) -- LeddarTech®, a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, has announced the appointment of David Torralbo as Chief Legal Officer on June 20, 2022.

“It is a pleasure to welcome David Torralbo as our Chief Legal Officer,” said LeddarTech’s Chief Executive Officer, Charles Boulanger, in a statement.

“David’s expertise in mergers and acquisitions as well as his vast experience and passion for practicing law in the private and public sectors make him an excellent addition to our executive team.”

Torralbo has over 20 years of experience specialising in corporate and securities law, public and private M&A, corporate governance, litigation and risk management.

Most recently, he served as Chief Legal Officer at Nouveau Monde Graphite and, before that, as Chief Legal Officer of Atrium Innovations from 2011-2019.

Before Atrium, Torralbo was a partner in the corporate group at Davies, Ward, Phillips & Vineberg. Earlier in his career, Torralbo was an associate in the London, UK office of Clifford Chance and a member of its debt and capital markets team.

Torralbo earned his Bachelor of Civil Law (LL.L.) and common law (LL.B.) at the University of Ottawa and has a Bachelor of Commerce (B.Com) from McGill University.

Founded in 2007, LeddarTech is a comprehensive end-to-end environmental sensing company that enables customers to solve critical sensing, fusion and perception challenges across the entire value chain.

-- BERNAMA