SMARTTRADE ACCELERATES ELECTRONIC TRADING INNOVATION

KUALA LUMPUR, April 22 (Bernama) -- smartTrade Technologies has announced that four months after its acquisition of Toronto-based TickTrade Systems, the companies are now working together as one unified group.

Operating under the smartTrade name, the combined company delivers industry-leading FX trading technologies to a global client base across Europe, North America and Asia

For the past four months, smartTrade’s 280+ eFX experts across the globe have pooled their collective knowledge to re-invent electronic trading to meet today’s new market structure challenges whilst anticipating the ever more digital trading world of tomorrow.

As part of this ongoing commitment to innovation, smartTrade is now releasing a combined LiquidityFX next-generation (LFX-NG) platform combining the best of both pre-existing solutions, according to a statement.

LFX-NG relies on the award-winning secure, reliable, and scalable ultra-low latency cloud platform on which smartTrade has built its reputation for excellence. Combining innovation from both companies’ pre-existing solutions, LFX-NG offers a wide range of modules from AI-driven analytics to state-of-the-art cryptocurrencies trading through advanced workflows for all client segments.

Financial institutions can customise and tailor their trading and post-trade workflows to the exacting needs of their client, be it a large institutional buy-side, a Fortune 500 corporate, a regional corporate, SME or a retail consumer. With fully integrated workflows covering spot, forward, NDF’s, Options, Cryptocurrencies, Payment Routing all underpinned by AI predictive analytics; the LFX-NG solution can be deployed as a full stack or individual modules meaning it’s never been easier to integrate.

The flexibility and agility of LFX-NG allows for tailored pricing and trading strategies to be developed and rolled out in a matter of months. This agile deployment is made possible by smartTrade’s in-house team of eFX experts supported by a proven standardized implementation methodology.

David Vincent, CEO of smartTrade, said: “I am very proud of what we have achieved in such a short time. Our relentless passion to serve our customers and wider industry participants has allowed us to deliver an extremely compelling next generation platform.

“LFX-NG brings leading innovation and technologies together, each complementing the other, creating a unique breadth and depth of electronic capabilities for all types of financial institution.”

For more information, visit www.smart-trade.net.

-- BERNAMA

JUMIO SEES 2022 TO ANOTHER RECORD START

KUALA LUMPUR, April 22 (Bernama) -- Jumio, the leading provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, has announced a record-breaking Q1, with sales growing more than 140 per cent, with the growth spanning the globe and multiple industries, including government, financial services and mobility.

Public agencies and private organizations alike share a common need to know, then trust, their end users online. The Jumio KYX Platform makes this possible by establishing the identity and risk of new users, authenticating and monitoring existing users, and detecting suspicious transactions to meet compliance mandates.

“Government agencies are changing their mindset and now truly understand the need to implement cutting-edge identity verification technology in order to prevent scammers from impersonating unknowing citizens and to know with a high level of assurance that only legitimate end users are accessing benefits and services,” said Jumio CEO, Robert Prigge in a statement.

One of the notable achievements in the first quarter was Gartner Representative Vendor, whereby, Jumio was recognised as a Representative Vendor for the fourth consecutive time in the latest Gartner Market Guide for Identity Proofing and Affirmation, published in March.

The Guide also lists Jumio among orchestration vendors that “connect to a range of identity proofing and affirmation vendors, as well as vendors focusing on fraud detection and user authentication.”

Based in Palo Alto, Jumio operates globally with offices in North America, Latin America, Europe and Asia Pacific, and is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners.

For more information, please visit www.jumio.com.

-- BERNAMA

MILKY WAY: YILI-CASC COLLABORATION TO ESTABLISH SPACE LAB FOR FUTURE DAIRY

KUALA LUMPUR, April 22 (Bernama) -- On April 17, a day after China's Shenzhou 13 crew returned to Earth, dairy giant Yili Group announced at a press conference to collaborate with the China Center for Aerospace Science and Technology International Communications (CCASTIC), which is an affiliation of China Aerospace Science and Technology Corporation (CASC).

The collaboration will include establishing a Space Lab for Future Dairy, aimed at leveraging space technology to bring new transformative innovations to the health sector.

Yu Dengyun, Deputy Director of the Science and Technology Committee of CASC and Academician of the Chinese Academy of Sciences, noted the two sides would focus on boosting the dairy industry through space technology.

He said that research on space biology and new space materials would introduce new solutions to upgrade the dairy industry.

“Yili will strive to develop more healthy dairy products that fulfill consumers' nutritional demands and meet strict quality standards. We will drive and contribute to the upgrading of the dairy industry through space technology,” said Yili Group CEO, Zhang Jianqiu.

According to a statement, the two sides will work closely with related space institutes on scientific research, technology transfers and product development.

Through joint efforts in packaging using new space materials, bacterial strains in space, TanSat-based pasture monitoring, and health and nutritional care, they are committed to upgrading dairy products to a higher level.

The Lab marks a step forward towards further empowering industries with space technology and improving consumers' health and nutritional status.

Dr Situ Wenyou, a scientific research expert of the Innovation Center of Yili, hoped this inter-disciplinary cooperation would bring about lighter, safer and more environmentally friendly food packaging materials, as well as nutrition and health products tailored for special segments of the population, with the aim of enabling consumers to enjoy advanced technologies and products in their daily lives.

-- BERNAMA

Glamhive returns with First International LIVE Style & Beauty Summit in London

KUALA LUMPUR, April 21 (Bernama) -- What started out as a way for the style community to come together during the pandemic has grown into one of the largest gatherings of influencers, beauty experts, and fashion icons worldwide.

Glamhive and Mary Kay Global Design Studio are launching this summit as a hybrid physical/digital experience with guests attending in-person and virtually, all from the ultra-chic Bulgari Hotel in London on April 23.

This will be Glamhive’s eighth summit featuring six panels with over 20 speakers. The star-studded event will be co-hosted by Stephanie Sprangers (Founder & CEO of Glamhive) and Nicole Chavez (Celebrity Stylist to Kristen Bell and Jessica Simpson).

According to a statement, a variety of trending topics will be covered by the all-star speaker line-up including rising stylists in the industry, fashion futurists, beauty and fashion entrepreneurs, and world known TikTok influencers.

Topics include The London Perspective; Unstoppable: Ladies Who Launch; Tea With British Vogue’s Dena Giannini; Brand Yourself: Growing Your Personal Brand; Behind The Seams—The People Behind Your Favorite Red Carpet Looks; and, The Future of Fashion.

Speakers include celebrity stylists, makeup artistes, and image-makers who work with the biggest names in Hollywood and beyond.

They are Celebrity Stylists (Nicole Chavez, Zadrian Smith, & Holly White); Celebrity Beauty (Christian Wood & Tania Grier); Editors (Dena Giannini, British Vogue & Brian Underwood, Oprah Daily); Fashion Futurist & Trend Forecaster (Geraldine Wharry); and, TikTok Fashion Influencers (Benji Park, Ambika Dhir).

Tickets to the conference are £149 GBP for an all-day in-person ticket and £45 GBP for a virtual ticket. Presenting sponsor for the Glamhive LIVE Spring Style & Beauty Summit is Mary Kay and its Mary Kay Global Design Studio and Bulgari Hotel London. (£1 = RM5.591)

More details at https://www.glamhive.com/live

-- BERNAMA

Mary Kay Inc declares NFTE World Series Of Innovation Challenge winners

In celebration of Creativity and Innovation Day, Mary Kay is proud to announce STEMinists as the winner of the NFTE World Series of Innovation Challenge addressing SDG 5: Gender Equality. (Photo: Mary Kay Inc.)

KUALA LUMPUR, April 22 (Bernama) -- Mary Kay Inc, a leading corporate advocate of women’s empowerment and entrepreneurship, has announced its second World Series of Innovation (WSI) Challenge in partnership with Network for Teaching Entrepreneurship (NFTE).

The global educational experience invites young people ages 13-24 to channel their critical thinking and problem-solving skills to find solutions for the biggest challenges facing the world today and help advance the UN Sustainable Development Goals (SDGs) while fostering an entrepreneurial mindset.

Mary Kay’s World Series of Innovation Challenge encourages young people from around the world to submit innovative solutions to address Sustainable Development Goal 5: Gender Equality. Specifically, this challenge asked students to think about ways to promote workplace equality and ensure equal access to economic opportunity for women and girls. Pre-COVID, decades of data demonstrated the rise of women in the workforce.

Even though the wage gap persisted, more women were joining the labour market every year. But pandemic job losses disproportionately impacted women, and since 2020, the uphill climb to workforce equality has grown even steeper.

“Congratulations to the winners of this year’s World Series of Innovation Challenge! Mary Kay knows the importance of entrepreneurship and the role it plays in the world today and in the future, which is why we invest annually in programmes and initiatives to help empower women and girls around the world,” said Deborah Gibbins, Chief Operating Officer for Mary Kay Inc in a statement.

More than 400 students participated in the Mary Kay-sponsored challenge. The three winners of Mary Kay’s 2021 Challenge are:

· First Place: STEMinists created an online portal that connects female professionals to young female STEM students as mentors to bolster female success in STEM fields. Developed by 15-year-old Misaki Nguyen of Silver Creek High School in San Jose, California;

· Second Place: Pads for Peace, a feminine product subscription box service, donates a box to homeless shelters for every box purchased. Developed by 14-year-olds Ashley Cohen, Olivia Mooney and Ashley Simonian of Brentwood School in Los Angeles;

· Third Place: Black Girls Mean Business, a virtual summer business programme for Black high school girls, matches young professionals with mentors from industry leading businesses. Developed by 17-year-olds Brianna Holmes, Alyssa Torres, Rachel Holmes, and 18-year-old Cherry Zhang of Silver Creek High School in San Jose, California.

-- BERNAMA

ONE IBC BUILDS TRUST BASED ON HIGH LEVEL OF CUSTOMER SATISFACTION

 

^{One IBC’s dedicated team always strives for excellence in customer service (Photo: Business Wire)}


SINGAPORE, April 22 (Bernama-BUSINESS WIRE) -- Among many corporate service providers, One IBC stands out to be a reliable business partner based on recommendations from thousands of its clients.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220421005442/en/

 

One of the ultimate goals of One IBC is to provide business support services to other firms, whether in offshore company formation, tax planning or legal liabilities by using advanced technology, solid experience, and well-thought-out planning to assist the customers in doing international business.

Up-to-Date Compliance Knowledge

The governing laws and regulations in the offshore sector are constantly evolving. For instance, some jurisdictions are very strict on annual tax returns and audits, while others allow offshore companies to be tax-exempt with no audit required. For new offshore businesses which first get their feet in the door, the lack of up-to-date compliance knowledge can lead them to severe mistakes and penalties.

Even a big corporation will struggle to keep up with all the regulatory changes. One IBC - a Singapore-based corporate service provider, on the other hand, has the necessary resources to stay afloat. “We have a dedicated in-house department to monitor the business news in 27 jurisdictions in order to stay on top of these changes and then guide our customers on how to comply with them smoothly. As a result, we are well-positioned to provide impeccable services”, said Jimmy Lee - CEO of One IBC Group.

One IBC - a reputed global corporate service provider

It is not hard to find a corporate service provider in the market nowadays. However, finding a reputable one that specializes in the offshore sector is not easy. The reputation of One IBC is proven by thousands of businesses they have incorporated for the customers, leading them to achieve more recognition on the way of doing international business.

“This is a serious business for serious people. Services are excellent and competent. They are on time every time. They are also very responsive to your requirements. I've been working with them for a long time, and they have always been flexible and patient with my requests.” - feedback from a client of One IBC on Trustpilot. As One IBC is committed to transparency, efficiency and maximum support for business owners, its reputation has been built up from time to time ever since it was founded.

One IBC is entrusted by customers with proactive, and professional services. This corporate service provider has a team of qualified specialists in company incorporation, overseas bank account consultancy, tax and accounting, which are capable of supporting the customers in corporate compliance, accounting, and tax filing needs.

Find out more about One IBC

Founded in 2009, One IBC has become the premier one-stop corporate service provider for entrepreneurs looking to register an overseas business. Its range of services includes business consultancy, offshore company formation, bank account opening, merchant account, taxes and accounting services, business license registration, virtual office, etc. One IBC promises to bring the most cost-effective services while maintaining the highest level of satisfaction.

Furthermore, in 2021, One IBC first-time introduced its best app for doing international business, which is expected to give all customers a better experience in operating their offshore companies.

Looking for a professional to support you in expanding your overseas business - You can get started with One IBC right away!

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220421005442/en/

Contact

Tyler Wong
Operations Director
tyler.wong@oneibc.com
Phone: +852 81999249
https://www.oneibc.com/

Source : One IBC

JUNIPER RESEARCH: REGTECH TO ACCOUNT FOR OVER 50% OF REGULATORY COMPLIANCE SPEND GLOBALLY BY 2026, AS AI RESHAPES DIGITAL ONBOARDING

BASINGSTOKE, England, April 21 (Bernama-BUSINESS WIRE) -- A new study from Juniper Research has found that global regtech spend will exceed $204 billion by 2026; accounting for over 50% of all regulatory compliance spend for the first time. This spend will grow from $68 billion in 2022; representing growth of over 200% over the next four years. The report identified the integration of regtech services with BaaS (Banking-as-a-Service) models as key to realising this future market growth.

The new research, Regtech: Emerging Trends, Regulatory Impact & Market Forecasts 2022‑2026, predicts that BaaS models, which include outsourcing regtech services such as digital onboarding, will be key in accelerating AI-based automation for online document verification and KYC (Know Your Customer) processes.

For more insights, download the free whitepaper: Regtech ~ Evolving Trends Amidst Digital Transformation

Banking-as-a-Service to Facilitate AI-based Regtech

AI-powered onboarding enables financial institutions to benefit from real-time progress reporting and automation, which help meet rising client expectations and reduce compliance cost. According to the research, 26% of digital onboarding processes in the banking market will use AI systems by 2026, compared to just 8% in 2022. Beyond digital onboarding, the report suggests that regtech will leverage BaaS models to swiftly expand the use of AI in banking for more comprehensive tasks, including fraud detection and mitigation.

Research author Harshada Thok explains: “Whilst the current benefits of AI are clear to regtech vendors, the immediate focus must be on ensuring the algorithms are fed the most relevant data to maximise their efficiency in verifying digital identities and future use cases. In turn, this will provide a differentiation point for regtech vendors in an increasingly competitive market.” 

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