CLOUDERA UNVEILS NEW AI ASSISTANT TO HELP SUPERCHARGE EFFICIENCY FOR DATA PRACTITIONERS

Cloudera Copilot for Cloudera AI accelerates productivity, enhances collaboration, and supports continuous learning to improve project outcomes for data scientists, engineers, and developers

SANTA CLARA, Calif. and PARIS, Nov 14 (Bernama-GLOBE NEWSWIRE) -- Cloudera, the only true hybrid platform for data, analytics, and AI, today announced at EVOLVE24 Paris, Cloudera Copilot for Cloudera AI, introducing secure and intelligent assistant capabilities that help to supercharge productivity and streamline data workflows. Built to meet the needs of data scientists, engineers, and developers, Cloudera Copilot improves reproducibility across projects, ultimately helping to enable enterprises to get trusted data, analytics, and AI applications into production faster than ever.

At the forefront of digital transformation and AI journeys, data practitioners face an increasingly complex web of productivity, collaboration, and duplication challenges. AI assistants overcome these challenges by enhancing the user experience for data practitioners, while providing IT leaders seeking secure AI-enhanced tools for peace of mind. By embedding an AI-powered assistant directly into Cloudera, Cloudera Copilot helps users write high-quality, consistent code and focus on innovation more effectively and securely.

Cloudera is one of the first data and analytics platform vendors to deliver an AI assistant specifically tailored for data practitioners, offering deep integration within data workflows in a secure, enterprise-grade platform that prioritizes compliance and governance. Cloudera Copilot operates within an AI ecosystem, delivering robust, AI-driven coding assistance while also providing on-demand support, reinforcing Cloudera’s position as a trusted data partner and the leader in secure, hybrid AI solutions.

Specifically, Cloudera Copilot:

· Automates code generation, data transformation, and troubleshooting, enabling data practitioners to focus on high-impact tasks and innovation.
· Provides consistent coding assistance, empowering teams to work more effectively across diverse languages, libraries, and workflows.
· Includes on-demand guidance, optimal solutions, and insights for users to maintain high coding standards, ultimately reducing errors and improving project outcomes.

“Data practitioners are the lifeblood of an enterprise and giving them AI-powered tools specifically designed to enhance their job performance offers benefits to a business as a whole,” said industry analyst, Sanjeev Mohan. “AI assistants like Cloudera Copilot expand the scope of employees who can access AI tools so an entire organization can capitalize fully on the benefits of AI. This unlocks greater visibility, efficiency, and productivity.”

“Cloudera is continuously modernizing our AI solutions to give our customers deeper access to data-driven insights at scale,” said Dipto Chakravarty, Chief Product Officer at Cloudera. “Today, Cloudera provides one of the fastest routes to achieving trusted AI initiatives, and Cloudera Copilot further accelerates enterprise’s ability to derive business value from their data via actionable insight.”

Visit our Cloudera blog to learn more about Cloudera Copilot for Cloudera AI.

About Cloudera
Cloudera is the only true hybrid platform for data, analytics, and AI. With 100x more data under management than other cloud-only vendors, Cloudera empowers global enterprises to transform data of all types, on any public or private cloud, into valuable, trusted insights. Our open data lakehouse delivers scalable and secure data management with portable cloud-native analytics, enabling customers to bring GenAI models to their data while maintaining privacy and ensuring responsible, reliable AI deployments. The world’s largest brands in financial services, insurance, media, manufacturing, and government rely on Cloudera to use their data to solve what was impossible—today and in the future.

To learn more, visit Cloudera.com and follow us on LinkedIn and X. Cloudera and associated marks are trademarks or registered trademarks of Cloudera, Inc. All other company and product names may be trademarks of their respective owners.

Contact
Jess Hohn-Cabana
cloudera@v2comms.com

SOURCE: Cloudera, Inc.

--BERNAMA

MEDIDATA SECURES HIGHEST LEADERSHIP POSITION IN EVEREST GROUP'S FIRST LIFE SCIENCES CLINICAL TRIAL MANAGEMENT SYSTEM PRODUCTS PEAK MATRIX® ASSESSMENT

NEW YORK, Nov 14 (Bernama-BUSINESS WIRE) -- Medidata, a Dassault Systèmes brand and the leading provider of clinical trial solutions to the life sciences industry, has been recognized as a leader in Everest Group's first-ever Life Sciences Clinical Trial Management System Products PEAK Matrix® Assessment 2024. The report assessed 13 providers based on the market impact of their products and their ability to deliver successful, high-quality offerings.

Medidata Rave CTMS leads the industry by providing seamless, real-time patient data outputs that transform enrollment tracking and enable faster, data-driven decisions. Offering instant visibility for study teams, Rave CTMS streamlines collaboration, eliminates manual data entry, and accelerates trial timelines with exceptional accuracy.

“We are honored to be recognized as the highest leader in CTMS by Everest Group,” said Tom Doyle, chief technology officer, Medidata. “This accolade underscores our unwavering commitment to transforming research and reaffirms our strategy to deliver new, AI-powered experiences that reshape how organizations design, plan, and manage trials end-to-end with the greatest impact.”

Added Doyle, “In 2025, Medidata will embed AI-driven insights within study planning and execution solutions, enabling simulation of trial design, process simplification, and enhanced efficiency.”

Medidata is the only provider to be named a leader in Everest Group’s CTMS, electronic data capture (EDC) and decentralized clinical trial (DCT) assessments for its Medidata Rave EDC, Medidata Platform, and its work in DCT.

For more information, visit our website.

About Medidata

Medidata is powering smarter treatments and healthier people through digital solutions to support clinical trials. Celebrating 25 years of ground-breaking technological innovation across more than 34,000 trials and 10 million patients, Medidata offers industry-leading expertise, analytics-powered insights, and the largest patient-level historical clinical trial data set in the world. More than 1 million registered users across approximately 2,200 customers trust Medidata’s seamless, end-to-end platform to improve patient experiences, accelerate clinical breakthroughs, and bring therapies to market faster. A Dassault Systèmes brand (Euronext Paris: FR0014003TT8, DSY.PA), Medidata is headquartered in New York City and has been recognized as a Leader by Everest Group and IDC. Discover more at www.medidata.com and follow us @Medidata.

About Dassault Systèmes

Dassault Systèmes is a catalyst for human progress. We provide business and people with collaborative virtual environments to imagine sustainable innovations. By creating virtual twin experiences of the real world with our 3DEXPERIENCE platform and applications, our customers can redefine the creation, production and life-cycle-management processes of their offer and thus have a meaningful impact to make the world more sustainable. The beauty of the Experience Economy is that it is a human-centered economy for the benefit of all – consumers, patients and citizens. Dassault Systèmes brings value to more than 350,000 customers of all sizes, in all industries, in more than 150 countries. For more information, visit www.3ds.com.

© Dassault Systèmes. All rights reserved. 3DEXPERIENCE, the 3DS logo, the Compass icon, IFWE, 3DEXCITE, 3DVIA, BIOVIA, CATIA, CENTRIC PLM, DELMIA, ENOVIA, GEOVIA, MEDIDATA, NETVIBES, OUTSCALE, SIMULIA and SOLIDWORKS are commercial trademarks or registered trademarks of Dassault Systèmes, a European company (Societas Europaea) incorporated under French law, and registered with the Versailles trade and companies registry under number 322 306 440, or its subsidiaries in the United States and/or other countries. All other trademarks are owned by their respective owners. Use of any Dassault Systèmes or its subsidiaries trademarks is subject to their express written approval.

About Everest Group

Everest Group is a leading global research firm helping business leaders make confident decisions. Everest Group's PEAK Matrix® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products and solutions within various market segments. Likewise, providers of these services, products, and solutions look to the PEAK Matrix® to gauge and calibrate their offerings against others in the industry or market. Find further details and in-depth content at www.everestgrp.com.

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Contact

Medidata PR
Medidata.PR@3ds.com

Analyst Relations
Medidata.AR@3ds.com

Source : Medidata

--BERNAMA

VRAD UNVEILS TWO VIRTUAL REALITY-BASED MEDICAL SIMULATORS FOR GLOBAL MARKETS

KUALA LUMPUR, Nov 13 (Bernama) -- VRAD Co Ltd has announced its entry into international markets by launching two widely recognised Korean-developed virtual reality (VR)-based simulators, NS_Core, a nursing skills education simulator, and IP_Trauma, a trauma patient care simulator.

According to VRAD in a statement, these products support a broad range of languages, including Korean, English, Vietnamese, Thai, Indonesian, Chinese, Japanese, Kazakh, and German, with Spanish and French language support anticipated by the end of the year.

NS_Core is an immersive clinical simulation solution designed for nursing skill training using Meta's virtual reality headset, allowing users to perform a variety of clinical exercises in a VR environment with simulated patients.

This solution offers an innovative approach to addressing the challenges of hands-on medical training within nursing school curricula by providing a metaverse-based virtual training space.

Developed through a collaboration between general hospitals and university nursing departments, NS_Core enables intensive, repetitive practice on 20 essential nursing skills, significantly enhancing clinical performance among nursing students.

Meanwhile, IP_Trauma offers a comprehensive VR training environment for medical personnel to acquire and refine essential trauma care skills, areas traditionally challenging to practice effectively.

Developed in partnership with several prominent Korean universities and hospitals, it is an immersive clinical simulation platform featuring reactive scenario simulations, where outcomes vary based on the user’s choices and actions. It also adheres to the globally recognised Advanced Trauma Life Support (ATLS) protocol standards.

Within the IP_Trauma simulator, multiple users can communicate in real time, practicing critical decision-making and trauma care techniques in a virtual environment. The simulation covers over 40 procedural steps, from pre-hospital preparation to patient transfer to the operating room.

Currently recognised as a leading VR medical technology provider in Korea, VRAD’s products are actively used in over 90 medical and educational institutions, both domestically and internationally.

-- BERNAMA

ATRC'S VENTUREONE LAUNCHES QUANTUMGATE TO SECURE DATA FOR THE QUANTUM ERA AT CYBERQ

 

ATRC’s VentureOne Launches QuantumGate to Secure Data for the Quantum Era at CyberQ (Photo: AETOSWire)

· New venture unveils an advanced suite of data security products to protect data assets against increasing cyber threats
· Its proprietary technology was developed by experts at Abu Dhabi’s Technology Innovation Institute

ABU DHABI, United Arab Emirates, Nov 13 (Bernama-BUSINESS WIRE) -- The Advanced Technology Research Council’s commercialization arm, VentureOne, has launched QuantumGate, a new venture that offers a suite of advanced data security products to protect organizations’ data assets in the quantum era, at CyberQ in Abu Dhabi today.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20241112430830/en/

H.E. Faisal Al Bannai, the Secretary General of ATRC, said, “The quantum era isn’t a distant threat—it is here. The launch of QuantumGate is a pivotal step in safeguarding invaluable data assets against ever-increasing cybersecurity threats. QuantumGate’s sovereign solutions will ensure our country’s and our organizations’ sensitive information stays safe.”

“Cryptographic algorithms are used by virtually all organizations to encrypt and protect data,” said Dr. Najwa Aaraj, the CEO of the Technology Innovation Institute. “But advancements in quantum computing will render many of them obsolete in as little as five to 10 years. Even with current security measures, bad actors can collect and store organizational data to decrypt it later, when quantum computers are more widely available. This means the risk is imminent—organizational data is already at risk.”

QuantumGate’s data security products are based on proprietary technology from the Technology Innovation Institute that will allow organizations to protect their data assets against current and emerging threats while also ensuring compliance with upcoming cryptographic regulations. The product suite includes the following:

· QSphere, which consists of a post-quantum VPN and a post-quantum email, file folder, and text encryption and decryption application.
· Salina, an identity and access management tool designed to simplify the authentication processes by eliminating the need to use passwords.

"With recent advancements in quantum computing, it is obvious to all security professionals that today's crypto solutions will be soon seriously challenged,” said Reda Nidhakou, the Acting CEO of VentureOne, QuantumGate’s parent company. “To prevent catastrophic losses, it’s critical for sensitive businesses to transition now to post-quantum security systems. Our mission is to make this process as seamless as possible through resilient, agile, state-of-the-art solutions.”

In addition to offering data security products, QuantumGate will offer advisory services to support organizations in their transition from classic to post-quantum cryptography, while ensuring minimal disruption to operations.

QuantumGate is the third venture launched by VentureOne. SteerAI, which develops autonomous mobility technology, launched in October 2024. AI71, which creates business solutions using the Falcon generative AI models, launched in 2023.

LinkedIn

Source: AETOSWire

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Contact

Menna Massoud
Menna.massoud@edelman.com

Source : QuantumGate

--BERNAMA

FORMER SKYSCANNER EXECUTIVE FILIP FILIPOV JOINS OAG AS CHIEF OPERATING OFFICER

LONDON, Nov 13 (Bernama-BUSINESS WIRE) -- OAG, the world’s leading data platform for the global travel industry, is delighted to announce Filip Filipov as the company’s new Chief Operating Officer.

Filipov, formerly VP of Product and Strategy at Skyscanner, played a key role in accelerating growth at the digital travel company and led a range of teams during his tenure. He brings a wealth of insight from the travel and technology sector alongside valuable scale up experience.

As COO of OAG, Filipov will focus on optimizing business operations, enhancing performance whilst developing the company’s long term strategic vision. This appointment aligns with OAG's accelerated growth strategy, bolstered by its acquisition of Infare in July 2023. The acquisition added airfare data to OAG's intelligence platform, enabling the company to offer comprehensive data solutions across the supply, demand, and pricing value chain.

Filip has held senior management positions across venture capital and strategy consulting including Opera Solutions in New York and London.

CEO of OAG, Phil Callow, said: “Filip brings a deep understanding of the travel and technology sector. As OAG continues to expand, his expertise will be invaluable in guiding us through an ambitious phase of growth. His passion for data and the aviation industry makes him an excellent fit for our customer-centric and quality-driven culture.”

Commenting on his new appointment, Filip said:

“I am delighted to join OAG. I’ve been struck by the depth of talent and ambition throughout the organisation. Now with its unique ability to combine supply, demand, and pricing data I am excited to build on what’s already been achieved and to apply my scale-up experience across all operations to the benefit of our customers.”

This appointment follows the addition of Shane Corstorphine, former Skyscanner CFO, as NED in July.

About OAG

OAG is the leading data platform for the global travel industry, powering the growth and innovation of the air travel ecosystem. It has the world’s largest network of flight information.

For more information on how OAG visit www.oag.com.

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Contact

pressoffice@oag.com

Source : OAG

--BERNAMA

LREIT REPORTS 11.4 PCT RETAIL RENTAL REVERSION IN 1Q FY2025

KUALA LUMPUR, Nov 12 (Bernama) -- Managed by Lendlease Global Commercial Trust Management Pte Ltd (Manager), Lendlease Global Commercial REIT (LREIT), has posted a positive rental reversion of 11.4 per cent in its first quarter (1Q) business update for fiscal year 2025 (FY2025).

LREIT, in a statement, said its portfolio committed occupancy continued to improve in 1Q FY2025 to 89.5 per cent from 89.1 per cent in the fourth quarter for fiscal 2024 (FY2024).

In the first three months of FY2025, the lease expiry profile remained well-staggered, with 6.4 per cent by net lettable area (NLA) and 12.1 per cent by gross rental income (GRI) due for renewal in FY2025.

LREIT has maintained a long portfolio weighted average lease expiry (WALE) of approximately 7.4 years by NLA and 4.7 years by GRI, respectively.

The committed occupancy for its retail portfolio remained high at 99.9 per cent, with a positive rental reversion of 11.4 per cent and a healthy tenant retention rate of 90.0 per cent as at Sept 30. Tenant sales in 1Q FY2025 continued to trend above pre-COVID-19 average levels.

Notwithstanding the high occupancy rate, the Manager stays focused on strengthening the tenancy mix and bringing in new offerings to rejuvenate the malls. New tenants brought onboard include Tims Signature, Eclaire & Savoir Cafe and Slow Green.

As at Sept 30, office tenants accounted for approximately 21 per cent of portfolio GRI with a long WALE of 12.2 years by NLA and 14.5 years by GRI.

The Manager continues to see good leasing interests for Building 3 of Sky Complex. For the quarter, committed occupancy rate for Sky Complex improved to 75.0 per cent and the Manager is in advanced negotiations with potential tenants as it continues to drive leasing of Building 3 at market rental.

Meanwhile, interest coverage ratio (ICR) as at the period end was 2.9 times, providing a sufficient buffer from its debt covenants of 2.0 times. Approximately 70 per cent of borrowings are hedged to fixed rates as at Sept 30 with a weighted average cost of debt of 3.74 per cent per annum, mainly due to the replacement of EURIBOR interest rate hedge at a higher rate in October 2023.

Moreover, LREIT achieved first position in GRESB Asia Retail (Listed) category for five consecutive years since listing for its environmental, social and governance (ESG) performance and strong leadership in sustainability.

-- BERNAMA

HCLTECH INTEGRATES AI FORCE WITH GITHUB COPILOT TO ENHANCE SOFTWARE DEVELOPMENT LIFECYCLE

KUALA LUMPUR, Nov 11 (Bernama) -- HCLTech, a global technology company, has launched its AI Force extension for GitHub Copilot on the Visual Studio Marketplace, the world’s most widely adopted artificial intelligence (AI) developer tool.

“With the AI Force extension, our clients will achieve benefits beyond enhanced coding experiences such as improved efficiencies, greater productivity and time-to-market acceleration.

“This integration helps them reduce technical debt and develop better quality software that is easier to maintain,” said HCLTech Senior Vice President and Global Lead, GenAI Practice, Apoorv Iyer in a statement.

This integration aims to streamline software development workflows, enhance developer flexibility and optimise code performance, positioning HCLTech among the first India-headquartered technology service providers to collaborate with Microsoft for creating a GitHub Copilot Extension.

Through its AI Force, the company aims to help clients automate tasks and incorporate intelligence throughout every phase of the engineering lifecycle.

Integrated with GitHub Copilot Chat, the HCLTech AI Force extension enhances extensibility and covers a broad range of use cases, including legacy modernisation, migration, development, development operations (DevOps), automation, support, operations, continuous feedback, and end-to-end benefits measurement.

-- BERNAMA

URGENT CALL FOR TRANSPARENCY AS INDUSTRY, POLICY MAKERS CONFRONT WITH FOOD POLYCRISIS - ATNI

KUALA LUMPUR, Nov 8 (Bernama) -- One in five deaths globally is associated with a poor diet, while one out of eight adults are affected by obesity as revealed by Access to Nutrition Initiative (ATNi) in its latest findings.

The fifth edition of the Global Access to Nutrition Index, the largest yet, found that 150 million children are too short for their age because of poor nutrition, and close to a third of women of reproductive age, and half of children, consume inadequate micronutrients.

In a statement, ATNi said the index assessed the world’s 30 largest food and beverage manufacturers and over 52,000 products, representing 23 per cent global market share.

ATNi Executive Director, Greg S. Garrett said: “'Health is wealth'. We know this is true, but most food companies have not yet placed nutrition as core to their business. There is progress, but our findings show overall subpar performance and weaknesses in the market.”

More companies are setting targets to improve their portfolio healthiness, now using internationally recognised Nutrient Profiling Models (NPMs) to classify products as ‘healthier’ but, overall, there have been only marginal improvements in key metrics such as healthiness of product portfolios.

Concurrently, the estimated sales values of company’s healthier products have increased, showing consumers are increasingly purchasing healthier products. Worryingly, product portfolio healthiness was found to be lowest in low-income countries, highlighting disparities in product offerings across different markets and income groups.

Hence, ATNi calls on companies to voluntarily stop marketing to children under 18, improve product portfolio healthiness and fully disclose sales from healthy and unhealthy products using an internationally recognised NPM.

Meanwhile, governments are urged to regulate and build an enabling environment that helps companies protect public health. Well-designed fiscal policies are also needed to make healthier foods more affordable and less healthy foods more expensive.

Responsible investors play a key role in holding companies accountable by investing in those that act ethically, taking into account the long-term financial costs of ill health caused by the current food environment and products.

-- BERNAMA

LRN Corporation Bags Best Compliance Training Initiative In Fraud And Financial Crime

KUALA LUMPUR, Nov 5 (Bernama) -- LRN Corporation, a global leader in ethics and compliance solutions, has won the Best Compliance Training Initiative/Provider in the Fraud and Financial Crime category at the prestigious seventh annual Regulation Asia Awards for Excellence.

Presented in Singapore, the award recognising LRN’s commitment to transforming compliance training through its innovative, comprehensive software as a service (SaaS) platform, LRN Catalyst.

“Receiving this accolade from Regulation Asia underscores LRN’s commitment to excellence in compliance training, especially in the Asia Pacific region, which is an incredibly dynamic and evolving market for ethics and compliance.

“This recognition highlights our dedication to creating impactful solutions that address today’s most pressing regulatory challenges,” said LRN senior vice president, APAC, Dean Rogers in a statement.

This year’s Regulation Asia Awards saw a record 190 submissions, evaluated by a distinguished panel of senior industry experts and Regulation Asia’s editorial teams.

Amid this intense competition, LRN stood out for its ethics & compliance training and management platform, LRN Catalyst, which equips organisations worldwide with powerful tools for building strong compliance cultures.

The Regulation Asia Awards for Excellence celebrates the efforts of leading financial institutions, market infrastructures, technology firms, service providers, advisory firms, and industry bodies across Asia Pacific (APAC).

This awards programme is recognised as the most rigorous and comprehensive awards focused on the APAC risk, regulatory, and compliance community.

This accolade follows LRN’s recent success at the Brandon Hall Group HCM Excellence Awards, where the company won five awards. These achievements collectively reinforce the company’s leadership in advancing ethics and compliance education and its unwavering commitment to helping organisations foster principled performance.

-- BERNAMA

PANGEA LAUNCHES TWO NEW ADVANCED MATERIALS

Pulvera & Verita Offer Industry-Leading Luxury with Reduced Environmental Impact 


ROCHESTER, Mich., Nov 6 (Bernama-GLOBE NEWSWIRE) -- Pangea, a leading innovator in sustainable materials for the automotive industry, proudly announces the launch of two groundbreaking products: Pulvera and Verita. These advanced automotive leathers represent a bold step in Pangea's ongoing commitment to sustainability and responsible manufacturing practices, aligning with the company's vision of creating eco-friendly materials that meet the needs of a changing world.

In 2024, Pangea's global teams set out to design a new class of leather materials specifically for the automotive industry. These products are not only nearly 90% bio-based in their finished state but also actively divert materials from landfills, dramatically reducing waste in an innovative way.

“Nothing Replaces Real: Charting the Path to a Zero-Waste Future”
As part of the Pangea Corporate Trend Show series, Pangea introduced "Chart the Path," a key chapter in the company's sustainability journey. Engaging with customers, Pangea outlined how durable, natural materials are transforming the automotive industry while aligning with global sustainability goals. The highlight of the series was the launch of Pulvera and Verita, two new product offerings that set new benchmarks for lower environmental impact, innovative recycled chemistry, and reduced Global Warming Potential (GWP).

Introducing Pangea Pulvera: Ecological Leather with a Circular Process
Pulvera is a full-bodied leather that embraces a circular manufacturing process. By incorporating a recycled compound made from buffing waste, Pulvera significantly reduces its environmental footprint. This unique process, which utilizes water and renewable energy, transforms leather waste into a valuable resource that replaces nearly half of the chemicals used in dyeing and softening the leather.

• Renewable Chemistry: 29% of all chemicals used
• Recycled Chemistry: 37% in the retanning process; 16% of all chemicals overall
• Environmental Impact: Global Warming Potential (GWP) impact up to 40% lower than traditional retanning processes

Pulvera stands out as a luxurious, sustainable material that exemplifies Pangea's commitment to eco-friendly innovations in automotive interiors.

Introducing Pangea Verita: Lavish, Compostable Leather with Low Environmental Impact

Pangea Verita elevates the art of leather craftsmanship by creating a compostable substrate through an alternative metal-free tanning process. This semi-aniline material highlights the natural beauty of the animal hide with minimal coating, emphasizing its unique characteristics while maintaining a lower environmental footprint.

• Renewable Chemistry: 45% of all chemicals used
• Global Warming Potential (GWP): Up to 12% lower than standard chrome-tan substrates
• Biogenic Carbon: 92% bio-based as a finished product

Verita's innovative design and sustainable chemistry enable a higher biogenic carbon content, enhancing its alignment with a circular economy and reducing its overall impact on the environment.

Building a Sustainable Future with Bio-Based Materials
Pangea's new products, Pulvera and Verita, showcase how high bio-based content materials can revolutionize the automotive industry without compromising performance. With traditional Pangea leathers already achieving 80-85% bio-based content, Pulvera and Verita push these boundaries further, reaching up to 92% bio-based in their end products.

These advancements reinforce Pangea's belief that leather, as a natural and highly renewable material, plays a vital role in creating a more sustainable future for the automotive industry. By increasing the use of bio-based resources, Pangea is dedicated to reducing the carbon footprint of its products and contributing to a healthier planet.

About Pangea

Pangea is a global leather supplier to the world’s leading automotive brands, providing sustainable solutions that drive the future of interiors. Headquartered in Rochester Hills, Michigan, Pangea serves its customers on four continents with 3,000 team members. For more information, visit www.pangeamade.com, and follow us on LinkedIn.

Media Contact

Jacquelyn Smith, Pangea
248-436-2200
jsmith@pangeamade.com


Media Attachments 

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/f2c32e02-b825-4e44-b87b-5fcfbc759fb9

https://www.globenewswire.com/NewsRoom/AttachmentNg/cfcc917f-8319-4571-abc1-dcaf4ace7bd1

https://www.globenewswire.com/NewsRoom/AttachmentNg/15726cd1-c6fc-4161-ba24-17c08a2649d8

A video accompanying this announcement is available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/0f84f732-42fd-47eb-8f17-dd74c3bfdb4a    


SOURCE : Pangea

AM Best Withdraws Generali Life Hong Kong’s Ratings

KUALA LUMPUR, Nov 4 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a+” (Excellent) of Generali Life (Hong Kong) Limited (Generali Hong Kong).

A subsidiary of Italy’s Assicurazioni Generali S.p.A. (Generali), the outlook of Generali Hong Kong’s credit ratings (ratings) is stable, said AM Best in a statement.

Concurrently, the credit rating agency has withdrawn these ratings as the entity has requested to no longer participate in its interactive rating process.

The ratings reflect Generali’s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, very favourable business profile and appropriate enterprise risk management.

In addition, the ratings also factor in the strategic importance of Generali Hong Kong to Generali.

Headquartered in the United States, AM Best does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City.

-- BERNAMA

18TH GLOBAL CITIZENSHIP CONFERENCE TO BE HELD IN SINGAPORE

LONDON, Nov 5 (Bernama-GLOBE NEWSWIRE) -- More than 400 delegates from over 50 countries are expected to attend the 18^th annual Global Citizenship Conference, which takes place 27–29 November in Singapore.

Hosted by world-leading international citizenship and residence advisory firm Henley & Partners, this annual event has become the world’s largest and most significant conference on investment migration, bringing together presidents and prime ministers, other senior government ministers and officials, and leading academics, as well as top-tier private client advisors and wealth management professionals, and financial and business media.

The 2024 conference program features sophisticated content on the dynamics shaping the mobility options of wealthy families today. The conference will explore legal and economic developments and their implications, societal impacts relevant to global citizens, and trends in investment and wealth migration, along with regulatory and tax changes and the evolving concept of citizenship. Delegates will have the opportunity to engage with some of the world’s finest minds and latest ideas around global citizenship and interconnectivity and discover how to harness the power of global mobility.

Dr. Christian H. Kalin, Group Chairman of Henley & Partners, emphasizes the timely relevance of connecting across borders as global citizens. “The Great Wealth Migration, as we call it, reflects a global trend fueled by geopolitical instability, economic uncertainty, the climate crisis, and technological disruption. Wealthy individuals are increasingly recognizing that, in an interconnected world, relying solely on any one nation as a place of residence or citizenship — even a prosperous, democratic one — can be a risk they are no longer willing to take. As they consider their options, however, there is a crucial opportunity to reflect on the broader implications of their decisions. How can wealth be used not only for personal advantage but also to create positive social impact? Global citizenship, at its core, is the belief that we have responsibilities that extend beyond our own borders — to our communities and to the world as a whole. This conference seeks to broaden our perspectives through shared global learning, empowering us to drive meaningful change on both a local and a global scale.”

Notable key speakers at the conference include the Hon. Dickon Mitchell, Prime Minister of Grenada, and the Hon. Dr. Terrance Drew, Prime Minister of St. Kitts and Nevis. The Hon. Mohamed Nasheed, former President of the Maldives and current Secretary-General of the Climate Vulnerable Forum, will also share his insights along with senior government officials from Indonesia, Montenegro, and the South Pacific.

Legendary global investor and best-selling author, Jim Rogers, will offer his perspective on global financial trends. Other distinguished speakers include Dr. Parag Khanna, Founder and CEO of Climate Alpha, Prof. Mehari Taddele Maru of the European University Institute and John Hopkins University, Irene Mia, Senior Fellow at the International Institute for Strategic Studies, and Balaji Srinivasan, American tech entrepreneur, investor, and author of The Network State.

A conference highlight will be the 2024 Global Citizen Award Dinner on 28 November, where a remarkable individual working to advance one of the global challenges affecting humanity today, will be honored. This year’s laureate will be announced at the gala event hosted in collaboration with the Swiss non-profit humanitarian organization Andan Foundation, which focuses on promoting the self-reliance of refugees through education, entrepreneurship, and employment, and to which the net proceeds of the evening will be donated.

For further information and media accreditation to attend the 18^th annual Global Residence and Citizenship Conference, please contact:

Sarah Nicklin
Group Head of Public Relations
sarah.nicklin@henleyglobal.com 


SOURCE : HENLEY & PARTNERS GROUP HOLDINGS LTD

STANDARD CHARTERED PARTNERS WITH WISE PLATFORM TO TRANSFORM INTERNATIONAL PAYMENTS EXPERIENCE

SINGAPORE, Nov 5 (Bernama-BUSINESS WIRE) -- In a significant move to strengthen its retail cross-border payments offering, leading global bank Standard Chartered has announced a partnership with Wise Platform, Wise’s global payments infrastructure for banks, to power faster and cheaper international payments for the bank’s cross-border payment service, SC Remit.

The partnership will allow Standard Chartered’s SC Remit customers in Asia and in the Middle East to send money in 21 currencies including USD, CAD, EUR, GBP, SGD, HKD, JPY in a matter of seconds all while being fully transparent on pricing — customers getting the mid-market rate with no markups.

Standard Chartered will integrate Wise’s infrastructure through the Wise Platform API to provide this experience to SC Remit customers over the coming quarters, with a further expansion on the horizon both in the number of currencies supported as well as more markets where Standard Chartered operates. This underscores Standard Chartered’s commitment to deliver a world-class international banking experience to meet the needs of customers who value fast, low-cost and convenient payments.

Standard Chartered joins the strong roster of partners choosing Wise Platform to make cross-border payments more efficient and bring convenient, fast, secure and transparent transactions to their customers, improving the end-to-end experience and driving customer loyalty.

With 65+ licences and 6 direct connections to payment systems, 63% of Wise’s cross-border payments are completed instantly, under 20 seconds. Additionally, Wise Platform partners benefit from the expertise of a global engineering team and dedicated specialists in implementation, compliance and 24/7 support, all working collaboratively to seamlessly and safely integrate the Wise APIs into partner dashboards and user interfaces to make integrations easy and quick.

Samir Subberwal, Global Head, Wealth Solutions, Deposits and Mortgages, and Chief Client Officer, Standard Chartered said: “We’re continually improving how we deliver exceptional banking experiences for our clients. We chose to partner with Wise Platform due to their extensive currency coverage and stellar cross-border payments experience they are known for. This collaboration is a key step in enhancing our international payment services as we offer an even more seamless, faster, and efficient digital global payments experience to our clients.”

Steve Naudé, Managing Director of Wise Platform said: “The partnership with Standard Chartered, one of the biggest global banks, marks a significant milestone in financial institutions investing in building better international payment experiences for customers. Wise and Standard Chartered share the same vision for creating frictionless payment experiences for customers, and we are thrilled to be working together to help SC Remit customers access fast, secure and low-cost international payments.”

Naudé continued: “With Wise Platform, Standard Chartered gains access to Wise’s global payments infrastructure, including our extensive licence network, 6 direct connections, payment operations expertise and proven capabilities in treasury management. All these enable us to deliver fast, secure and transparent payments around the world.”

About Wise Platform

Wise is a global technology company, building the best way to move and manage the world’s money. Over the last 14 years, Wise has built an entirely new network for the world’s money.

Thanks to Wise Platform, banks and large companies can leverage Wise’s payments infrastructure and embed the best way to send, receive, and manage money internationally into their existing infrastructure. With a wide variety of partners worldwide, Wise Platform saves banks and businesses time and money by allowing them to seamlessly offer fast, cheap, transparent and convenient cross-border payments to their customers.

Standard Chartered

We are a leading international banking group, with a presence in 52 of the world’s most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.

Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.

For more stories and expert opinions please visit Insights at sc.com. Follow Standard Chartered on X, LinkedIn, Instagram and Facebook.

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Contact

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Source : Wise Platform

PAKISTAN SEES MAIDEN ISLAMIC NANO FINANCING PRODUCT BY WALEE FINANCIAL SERVICES

KUALA LUMPUR, Nov 4 (Bernama) -- Walee Financial Services Pvt Ltd has introduced Pakistan’s first Islamic nano-financing product, offering interest-free (riba-free) nano-finance through a unique commodity-based trade structure under its fintech brand Hakeem.

With this powerful message, Walee aims to provide accessible financial solutions that empower individuals and promote sustainable economic growth, with the goal of providing an ethical financial alternative to individuals, promoting equitable financial inclusion in Pakistan.

Walee Financial Services, Head of Shariah, Dr Rashid Mansoor said this is a momentous achievement in rolling out Islamic Nano-Finance.

“It has been made possible through the grit, passion, and unwavering faith of our founding team in Islamic finance, highlighting the benefits to society at large. True Shariah compliance has been achieved through cutting-edge technology, supported by esteemed Muftis and Shariah scholars,” he said a statement.

At the heart of Walee Financial Services’ Islamic nano-financing product lies a Tawarruq-based structure that is executed in an unorganised form. In this model, customers participate in a commodity trade process to secure financing without the involvement of interest.

This innovative product ensures that all transactions are free from riba, aligning with the principles of fairness and transparency advocated by Islam, as the passage of the 26th Constitutional Amendment Bill, 2024, sets a clear deadline of Jan 1, 2028, for the complete elimination of riba in Pakistan’s financial system.

By offering Shariah-compliant financing facilities, Walee Financial Services is actively contributing to the country's mission to transition toward a Shariah-compliant economy, aligning with the Federal Shariat Court’s ruling that abolishing riba is fundamental for an Islamic financial system, and supporting the State Bank of Pakistan’s efforts to promote Islamic finance across the country.

As Pakistan moves towards a riba-free economy, Walee Financial Services leads this transformation. With Hakeem, Walee offers a groundbreaking financial solution while actively supporting the government's agenda to eliminate interest-based financial practices.

By fostering ethical, Shariah-compliant finance, Walee contributes to sustainable economic growth and financial inclusion, ensuring that Islamic finance serves the needs of Pakistan's diverse population.

-- BERNAMA

MELTWATER, CYABRA JOIN FORCES TO TACKLE DIS- AND MISINFORMATION THREATS TO BRANDS

KUALA LUMPUR, Nov 4 (Bernama) -- Meltwater, a media, social, and consumer intelligence global provider, announced a new strategic partnership with Cyabra, whose AI shields companies and government agencies from dis- and misinformation by uncovering fake profiles, harmful narratives, and generative artificial intelligence (Gen AI) content.

Together, Cyabra and Meltwater will enable customers with a powerful solution to protect brand reputation from online disinformation attacks, manage crises effectively, and enhance the quality of insights on genuine consumer sentiment.

This holistic framework complements Meltwater’s existing social intelligence solutions and allows for a deeper understanding of dis- and misinformation amplified by malicious actors through fake accounts, according to a statement.

“Cyabra’s leading technology gives teams advanced tools to be able to detect, manage, and counter harmful narratives in real time and protect brand reputation, and we are proud they have chosen to partner with Meltwater to advance this mission,” said Meltwater senior vice president (SVP) of Global Alliances and Partnerships, Doug Balut.

Meanwhile, Cyabra SVP of Revenue, Emmanuel Heymann said: “By joining forces with Meltwater, we are extending our capabilities to offer a comprehensive solution to a wider audience.

“Meltwater’s suite of tools, combined with Cyabra’s advanced technology, empowers businesses to better identify and counter online threats. Together, we provide a powerful solution for safeguarding brand reputation and building consumer trust in the digital age.”

Through this partnership, joint customers of Meltwater and Cyabra will receive real-time alerts about emerging threats in order to improve decision-making and strategic planning.

With this partnership, Cyabra has joined the Meltwater Partner Program, a fast-growing ecosystem of top technology and services providers. By joining the programme, Meltwater partners gain access to a broad range of programmes, including access to innovative technologies and exclusive co-marketing opportunities to amplify their brand and accelerate revenue growth.

-- BERNAMA

TEAMLAB PLANETS TOKYO PURSUING SIGNIFICANT EXPANSION, TO UNVEIL NEW ARTWORKS JANUARY 2025

 

teamLab, Sfera Melantun Berpusing Pantas di Rumah Caterpillar, Sumbangan teamLab Borderless, Jeddah (c) teamLab

KUALA LUMPUR, Nov 4 (Bernama) -- Internationally acclaimed and popular art museum, "teamLab Planets TOKYO DMM" (teamLab Planets) in Toyosu, Tokyo is set to unveil a large-scale expansion on Jan 22, next year.

According to a statement, the expansion increases teamLab Planets' area by 1.5 times, introducing an extensive space themed around educational projects.

The new additions include Athletic Forest, a complex, multi-dimensional creative athletic space; Catching and Collecting Extinct Forest where visitors can capture and study extinct animals; and Future Park, a collaborative space for co-creation, featuring over 10 new artworks across these spaces.

Unlike the existing Water Area and Garden, where visitors experience the artworks barefoot, visitors in Athletics Forest, Catching and Collecting Extinct Forest, and Future Park will explore the complex, three-dimensional spaces wearing comfortable shoes.

Additionally, a new Sketch Factory will be established, allowing visitors to take home original products (such as tin badges, hand towels, T-shirts, tote bags, and paper crafts) featuring the drawings they create within the artwork spaces. Furthermore, the outdoor areas will also undergo a major renewal.

Tickets for visits until February 2025 are now available for purchase on the official website.

A museum where visitors walk through water, and a garden where they become one with the flowers, teamLab Planets comprises four large-scale artwork spaces and two gardens created by art collective teamLab.

-- BERNAMA

Naptha AI Raises US$6 Mln To Spearhead AGI Development

KUALA LUMPUR, Nov 1 (Bernama) -- Naptha AI, a cutting-edge platform that orchestrates multiple artificial intelligence (AI) agents to optimise performance and drive innovation, announced a US$6 million pre-seed raise, co-led by Arche Capital and Cyber Fund. (US$1=RM4.37)

This pre-seed raise is substantial for an initial fundraise of outside capital, positioning Naptha AI at the forefront of the next evolution of AI.

The round also includes participation from several other prominent industry angels and venture capitalists (VCs), such as Seed Club Ventures, the first investor in Stability AI, the company behind the groundbreaking open-source AI model Stable Diffusion, as well as Polymorphic Capital, GnosisDAO, and Halo Capital, among others.

This funding round is a crucial step in advancing the next evolution of AI, transitioning from a focus on isolated large language models to interconnected and specialised multi-agent systems creating collaborative, adaptive, and economically beneficial agentic networks utilising Multi-Agent Universal Intelligence (MAUI).

Naptha AI Chief Scientific Officer and Co-Founder, Richard Blythman the future of AI is not just about more powerful models but it is about intelligent collaboration between diverse networks of agents.

“We are at the forefront of a new paradigm in AI development, where diversity, scale and decentralisation of multi-agent systems will drive performance and efficiency.

“Our vision is to create a system where developers can seamlessly build on each other's work, creating a truly interconnected AI ecosystem that will transform industries and benefit stakeholders of all sizes," he said in a statement.

Unlike mainstream AI approaches that aim to develop artificial general intelligence (AGI) as a single, monolithic entity, Naptha AI envisions AGI as a network of billions to trillions of agents working together, offering developers a platform for building and deploying large systems of cooperating intelligent agents.

The platform will allow for decentralised, multi-agent orchestration in a scalable, trustless, and cooperative environment, shifting the narrative of AI from a singleton to a dynamic, interconnected system of entities.

By allowing developers to build within existing agent frameworks or bring their own, the Naptha platform meets developers where they are while leveraging the benefits of the the company’s network, including seamless integrations with decentralised infrastructure and economic systems for agentic networks, allowing developers to create systems that solve complex tasks far more effectively than traditional AI models.

-- BERNAMA

API Security At Breaking Point Exposing Vulnerabilities, Emerging Threats - Traceable AI

KUALA LUMPUR, Nov 1 (Bernama) -- Traceable AI, an application programming interface (API) security company, in its second annual research report, the 2025 Global State of API Security found that organisations are failing to protect their APIs despite persistent breaches and increased awareness of security risks.

Key findings examine the most pressing API security issues organisations face today such as increasing bot attacks and fraud, risks from third-party APIs, and the new security implications of generative artificial intelligence (Gen AI) applications, according to a statement.

This comprehensive study, incorporating insights from over 1,500 information technology and cybersecurity experts across the United States, the United Kingdom, and Europe, Middle East, and Africa (EMEA), reveals fundamental weaknesses in API security strategies and tracks how these issues have shifted since its inaugural report.

Its Chief Security Officer, Richard Bird said organisations keep deploying the same solutions, Web Application Firewalls, API gateways, and lifecycle tools, yet only a small percentage report any real success.

"API breaches are rampant, and the industry is in denial. The truth is, these traditional defences are failing, and the more companies rely on them, the more they expose themselves to devastating attacks.

“We are also seeing a surge in bot attacks, increasing instances of API fraud, and new vulnerabilities emerging from the rapid adoption of Gen AI applications. Without a fundamental shift in how they secure APIs, breaches and their consequences will continue to escalate,” he said.

The report also revealed that API-related data breaches continue to wreak havoc with 57 per cent of organisations having suffered an API-related data breach in the past two years, with a staggering 73 per cent of these experiencing three or more incidents.

Despite deploying an array of security tools, only 19 per cent of organisations rate their defences as highly effective while 65 per cent of organisations state that Gen AI applications pose a serious to extreme risk to APIs.

It also found that 53 per cent of organisations have experienced one or more bot attacks involving their APIs. Organisations now use an average of 131 third-party APIs, up slightly from last year's 127.

Traceable conducts this annual research to provide organisations with an objective assessment of API security risks and trends to ensure that as APIs continue to be central to business operations, organisations have the insights they need to protect their critical assets.

-- BERNAMA

NatureAlpha Unveils AI-driven Platform With Private Assets Functionality

KUALA LUMPUR, Nov 1 (Bernama) — NatureAlpha has launched an artificial intelligence (AI)-powered solution for investors, allowing them to comprehensively assess the biodiversity and nature impacts of their investments across all their asset classes for the first time with the addition of new private assets functionality.

According to a statement, the full private assets functionality incorporates geospatial (Geo)-AI for first-of-a-kind risk and impact insights for investors spanning multiple asset classes.

“We want to serve both our clients and global goals through enabling further expansions in data and coverage, built on cutting edge human-in-the-loop AI and Geo-AI. This is a next step in what will become an increasingly rapid product and adoption journey,” said its chief executive officer, Nick Hough-Robbins in a statement.

As Task Force for Nature-related Financial Disclosures (TNFD) adoption reaches a milestone of companies represented by financial institutions adopting the framework across 54 jurisdictions and 62 sectors, demand for consistent, science-based nature risk analysis is driving a tipping point in demand for best-in-class solutions across multiple asset classes and at institution level.

The Geoverse platform provides multi-dimensional, science-based nature risk assessments at both site and company levels for 11,500 public equities, over 1.2 million bonds, and private assets, aligning with the TNFD framework.

Powered by NatureSense, NatureAlpha’s geospatial engine, nature-related risks are calculated based on asset locations, multiple geospatial layers and corporate information to evaluate potential sensitivity, as well as the state of nature.

Using curated datasets from the world’s most authoritative scientific, regulatory, corporate and governmental sources, the data draws from and delivers to internationally agreed goals as detailed in the Convention for Biological Diversity (CBD), the International Union for Conservation of Nature (IUCN), and in line with the TNFD framework.

This new capability comes at a critical time for the investor community given the aims of the Global Biodiversity Framework at the COP16 Conference in Cali, which emphasises the role of companies and financial institutions in disclosing nature risks and impacts, and TNFD adoption.

NatureAlpha provides AI and data-driven insights to support a range of solutions including nature and biodiversity metrics, index products, and reporting tools.

-- BERNAMA

Jumio's Cutting-edge Liveness Detection Guarantees Users Are Real, Not A Spoof

KUALA LUMPUR, Oct 29 (Bernama) -- Jumio, an automated, artificial intelligence (AI)-driven identity verification, risk signals and compliance solutions provider, has unveiled Jumio Liveness, an enhanced, in-house technology designed to address increasingly sophisticated fraud tactics at Money20/20 USA.

This cutting-edge solution expands beyond traditional presentation attacks, such as paper or screen copies, and employs sophisticated AI models to block advanced threats like injection attacks and deepfakes.

Its Chief Product and Technology Officer, Bala Kumar said Jumio Liveness is designed to address the growing sophistication of fraud tactics while keeping the user experience simple.

“Our goal is to help businesses stay ahead of threats like deepfakes and ensure that legitimate users can securely access services without added complexity,” he said in a statement.

Jumio Liveness takes fraud detection to the next level by checking if more than one person is present throughout the selfie-capture process or if someone is being forced to undergo the identity verification process.

It also prevents the registration of unconscious individuals, such as those who are sleeping. These measures help ensure that only genuine, consenting users are able to access services, dramatically reducing fraud risks.

Jumio has established a comprehensive multi-layer defense strategy to tackle a wide range of attack types, both current and emerging. By combining liveness detection, AI-driven fraud detection, and anti-spoofing technologies, its system is designed to defend against existing threats while staying agile enough to address future attacks.

This robust strategy is backed by an expansive patent portfolio spanning nearly 100 unique patent families and ensures that businesses using the company’s services remain protected in an ever-evolving fraud landscape.

In addition, Jumio has mechanisms in place to constantly monitor for anomalies and suspicious activities. These systems continuously review daily traffic to identify new attack vectors as they emerge.

Any new insights are fed directly into the AI model’s training pipeline, creating a real-time feedback loop that enables Jumio’s technology to adapt rapidly, ensuring that its defense mechanisms remain updated and highly effective against evolving and sophisticated threats.

-- BERNAMA

BLACK & VEATCH TOUTS SUSTAINABLE WATER MANAGEMENT PRACTICES AT IMARC 2024

KUALA LUMPUR, Oct 29 (Bernama) -- Asia Pacific’s mining industry can accelerate the adoption of more sustainable water management practices to protect freshwater resources for the local community while ensuring a more resilient and reliable water future, according to Black & Veatch, a global leader in critical human infrastructure solutions.

For example, in Australia, national science agency, Commonwealth Scientific and Industrial Research Organisation (CSIRO) estimates that mining and other industries use about 20 per cent of all water consumed in Australia.

“Proven and readily available water solutions, such as desalination and water recycling, can be designed and engineered to achieve greater energy efficiency, and reduce operational costs and carbon emissions for Asia Pacific’s mining sector, offsetting significant strategic risks,” he said.

“Partnering to implement these solutions will benefit the environment, local communities, mining companies and the industry overall,” said Black & Veatch vice president, director, Australia Pacific, Mick Scrivens in a statement.

As a result, at the International Mining and Resources Conference (IMARC) 2024, Black & Veatch is convening the conference’s only dedicated session on water management in the mining industry on Oct 30.

Hosted by Scrivens and featuring industry leaders and Black & Veatch experts, the session will explore how more resilient sustainability results can be achieved by integrating water planning across all stages of the mine lifecycle.

The session will also explore more targeted and affordable investments in appropriate technologies and solutions, and meaningful inclusion of critical stakeholders in the planning and design phases of projects.

In Australia, Black & Veatch has a strong track record of partnering with clients and communities to deliver quality services to water utilities, including award-winning projects such as the Bundamba Advanced Water Treatment Project that supported the nation’s response to the millennium drought.

-- BERNAMA

DUBAI PHILANTHROPIST ANOSH AHMED DONATES 10 MLN GBP TO LEBANON'S VULNERABLE COMMUNITIES

KUALA LUMPUR, Oct 29 (Bernama) -- Dubai billionaire and Private Family Office Anosh Ahmed (PFOAA) founder, Anosh Ahmed and its foundation, announced donation of essential food worth 10 million GBP to Lebanon. (1GBP = RM5.65)

In a statement, Anosh said this donation is a step toward bringing nourishment, hope, and dignity to those in need.

“In times of hardship and recovery, no one should face hunger alone. As Lebanon heals from the recent conflict, we are standing with the most vulnerable, children and women, who have been impacted the most.

“Together, we can help restore not just meals, but a sense of comfort and compassion in the lives of those who need it most. May this support bring warmth and strength to those rebuilding their lives,” he said.

Anosh’s remarkable rise from a modest US$4,000 investment to a billionaire agripreneur demonstrates how ambition, innovation, technology, and sustainability can transform the agricultural sector.

At present, he is recognised as one of the largest leaseholders of agricultural land across Asia, Africa, and the Middle East.

Over 22 years, his agribusiness has grown to a valuation of US$1.8 billion, managing over 50 billion square feet of land and generating diversified revenue streams from farming, processed goods, agri-tech ventures, and long-term real estate leases.

Anosh remains committed to his roots, in which he established a foundation that provides small-scale farmers with training, technology, and financial support, alongside creating a network of farmer cooperatives to ensure fair pricing and global market access.

His legacy has inspired a new generation of farmers to embrace sustainable, modern agriculture, and via workshops, documentaries, as well as his forthcoming autobiography titled From Soil to Success, Anosh continues to share his knowledge and passion, making him a beacon of hope and transformation in the agricultural sector.

-- BERNAMA

XSOLLA SIGNIFICANTLY EXPANDS PAYMENT SOLUTIONS IN CAMBODIA AND INDONESIA TO MAXIMIZE GAME DEVELOPERS' REACH ACROSS SOUTHEAST ASIA LOCAL MARKETS

 

Xsolla Introduces 8 New Local Payment Methods in Cambodia and 12 New Payment Options in Indonesia, Supporting Game Developers in Reaching Growing Markets Across Southeast Asia

LOS ANGELES, Oct 25 (Bernama-BUSINESS WIRE) -- Xsolla, a global video game commerce company, is pleased to announce the expansion of its payment solutions in Cambodia and Indonesia, providing access to localized payment methods tailored to each region. This initiative aligns with Xsolla's broader strategy to strengthen its presence across Southeast Asia (SEA) and support game developers in effectively monetizing and distributing their games in these rapidly growing markets.

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In Cambodia, Xsolla introduces eight new payment methods, including Internet banking options and digital wallets, tailored to the preferences of Cambodian users. This strategic expansion covers up to 90% of the payments market, ensuring that nearly every player in Cambodia can pay using their preferred method. For example, Bakong KHQR, a QR code-based payment system, holds 45% of the market share, while Acleda Bank accounts for 15%. Supported by the country’s ongoing digital transformation, with digital payment transactions surging by 28.7%, these solutions, including Wing Money, Pi Pay, and others, will enable game developers to reach nearly 2 million gamers in Cambodia, facilitating seamless checkout experiences and boosting sales.

In Indonesia, Xsolla is introducing several new payment methods to help game developers tap into the country’s vast gaming market, with over 185 million gamers out of a 275 million-strong population. Approximately 80% of consumers in Indonesia are unbanked or underbanked. With smartphone penetration reaching up to 80%, Alternative Payment Methods (APMs) are the most preferred option in Indonesia. By integrating these APMs, Xsolla can cover up to 90% of the market. This includes E-wallets, which account for 39% of the market, Bank Transfers at 27%, Cards at 17%, and Cash at 11%. Popular platforms such as ShopeePay, Jenius, and Akulaku are among the new payment options, simplifying transactions for Indonesian gamers and boosting market reach for game developers in one of the fastest-growing digital markets globally.

“Xsolla's commitment to empowering game developers to access new markets is central to our mission. By introducing localized payment methods in Cambodia and Indonesia, we provide our partners with the tools they need to succeed in these dynamic and rapidly growing gaming environments. This expansion is part of our ongoing efforts to support developers globally and help them overcome payment challenges,” said Chris Hewish, Chief Strategy Officer of Xsolla.

The gaming market in Cambodia is projected to reach $75.21 million by 2027, with mobile games accounting for 66% of the revenue in 2023. In Indonesia, digital transformation opens up significant opportunities for game developers, mainly through localized payment solutions that reduce friction and improve transaction success rates.

For more information about Xsolla’s payment solutions and how they can enhance your monetization strategy in Cambodia, Indonesia, and beyond, visit xsolla.pro/psrw 

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​JUMIO NAMED A LEADER IN THE 2024 GARTNER® MAGIC QUADRANT™ FOR IDENTITY VERIFICATION

 

(Graphic: Business Wire)

Jumio recognized based on its Ability to Execute and Completeness of Vision

SUNNYVALE, Calif., Oct 25 (Bernama-BUSINESS WIRE) -- Jumio, the leading provider of automated, AI-driven identity verification, risk signals and compliance solutions, has been recognized as a Leader in the first-ever 2024 Gartner Magic Quadrant for Identity Verification¹, published on October 21, 2024.

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Jumio was named a Leader among other identity verification vendors, and the evaluation was based on specific criteria that analyzed the company’s overall Completeness of Vision and Ability to Execute.

As defined in the Magic Quadrant, “Leaders deliver a broad and comprehensive IDV product that addresses a wide range of use cases and customer needs. They have successfully built a significant installed customer base and revenue stream. Leaders demonstrate a superior vision that goes beyond simply doing more of the same at a larger scale. They also demonstrate strong execution to bring that vision to fruition. They anticipate IDV requirements and in some ways help shape the market.”

This inaugural Gartner Magic Quadrant for Identity Verification replaces the Gartner Market Guide for Identity Verification, which repeatedly recognized Jumio as a Representative Vendor. Gartner produced this Magic Quadrant in response to identity verification market conditions.

“Gartner has observed that the number of vendors in the IDV market continues to grow, and is currently tracking over 100 vendors. While the core IDV process offered by them all is seemingly similar, there are many differences between vendors,” the report states.

“As the identity verification market continues to expand, it can become increasingly challenging for modern enterprises to sort through endless offerings to find an innovative solution to suit their needs,” said Anna Convery, Jumio CMO. “To be named a Leader in the first-ever Magic Quadrant is an honor and we believe this demonstrates that Jumio’s end-to-end approach to establishing and maintaining trust resonates with the market.”

The Jumio Platform is an end-to-end solution that verifies the identities of new and existing users, fights fraud and helps modern enterprises meet compliance mandates. With over 1 billion transactions processed worldwide, supporting 5,000+ types of ID documents across more than 200 countries and territories, Jumio leads the industry in global coverage.

To read the entire 2024 Gartner Magic Quadrant for Identity Verification, click here.

¹Source: 2024 Gartner Magic Quadrant for Identity Verification, Akif Khan, James Hoover, Nayara Sangiorgio, 21 October 2024.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in our research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Jumio

Jumio helps organizations to know and trust their customers online. From account opening to ongoing monitoring, the Jumio Platform provides advanced identity verification, risk signals and compliance solutions that help you accurately establish, maintain and reassert trust.

Leveraging powerful technology including automation, biometrics, AI/machine learning, liveness detection and no-code orchestration with hundreds of data sources, Jumio helps you fight fraud and financial crime, onboard good customers faster and meet regulatory compliance including KYC and AML. Jumio has processed more than 1 billion transactions spanning over 200 countries and territories from real-time web and mobile transactions.

Based in Sunnyvale, Jumio operates globally with offices and representation 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 www.jumio.com.

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Contact

U.S. Media Contact
Allison Knight
10Fold Communications
jumio@10fold.com
806-570-9819

Europe Media Contact
Harriet King
FleishmanHillard UK
harriet.king@fleishman.com
+44 7765673794

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

Source : Jumio

--BERNAMA

8x8 CPaaS Chosen To Support CareMonitor Telehealth Infrastructure

KUALA LUMPUR, Oct 24 (Bernama) -- Business communications, customer experience (CX), and communications platform as a service (CPaaS) platform provider, 8x8 Inc announced that CareMonitor has deployed 8x8 CPaaS to support critical patient interactions.

In a statement, 8x8 said CareMonitor integrated 8x8 Jitsi as a Service (JaaS) and 8x8 SMS API into its solution to support over 5,000 unique patient interactions each day.

8x8 Chief Product Officer, Hunter Middleton said seamless and consistent communication is undoubtedly important when it comes to healthcare and patient interactions.

“We are very proud of the work we are doing with CareMonitor, ensuring that its customers have the resources and tools they need to provide stress-free patient interactions time and time again,” he said.

Meanwhile, CareMonitor Chief Executive Officer, Deepak Biswal said: “By partnering with 8x8, we have reduced development time by 30 per cent while consistently delivering critical healthcare notifications at scale and providing a seamless telehealth experience for both patients and clinicians.”

With 8x8, CareMonitor has improved patient interactions by enabling timely health notifications that provide the option for the patient to start a two-way conversation, all via short message service (SMS).

In addition, 8x8 JaaS ensures Health Insurance Portability and Accountability Act (HIPAA)-compliant, secure telehealth capabilities between healthcare providers and patients across multiple devices.

Moreover, CareMonitor was able to drive cost optimisations, reducing total spend by 53 per cent and allowing the organisation to leverage these savings to accelerate further platform innovation.

Additional benefits since integrating 8x8 CPaaS include improved patient outcomes; scalability and reliability; out of the box functionality; and readily available support.

Served as a key enabler of business communications and CX in an ever-evolving digital transformation, 8x8 CPaaS includes SMS, messaging apps, voice, video interaction and video conferencing.

-- BERNAMA

YUNNAN'S DALI SHOWCASES ECOLOGICAL ACHIEVEMENTS AT THE ERHAI FORUM, GAINING INTERNATIONAL RECOGNITION

The beautiful autumn scenery in Shangguan town, Dali, Yunnan, China. (Photo: Business Wire)


DALI, China, Oct 23 (Bernama-BUSINESS WIRE) -- The 2024 Erhai Forum on Global Ecological Civilization Construction, themed "Working Together to Promote Eco-Friendly Modernization," was successfully held on October 19 in Dali, Yunnan in Southwestern China. As the host, Dali emphasized its ecological civilization initiatives, drawing nearly 300 guests from China and abroad, and garnering international attention.

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This year's forum placed particular emphasis on cross-border collaboration and project implementation, aiming to extend its impact beyond Dali and the Erhai region.

Notably, on September 24, 2024, the forum held its first European side event in Geneva, Switzerland, where China's "Erhai Experience" was shared internationally, fostering mutual learning with Switzerland's water management practices at Lake Geneva. This exchange further enhanced the forum’s influence, reputation, and global recognition.

Over the years, Dali has actively implemented the "Beautiful China" initiative, with a focus on precise governance to protect Erhai Lake. These efforts have created a new development model where environmental protection and economic growth go hand in hand, achieving the dual goals of ecological beauty and sustainable development.

By 2023, the pollution load entering Erhai Lake had significantly decreased, with all 27 major rivers flowing into the lake meeting excellent water quality standards.

This year, the "Digital Erhai" initiative was selected as a model case for China's digital development, and the "SF Express Erhai Model" became the only project from Yunnan that was recognized as one of the first pollution and carbon reduction cases in the Asia-Pacific region under the Basel Convention’s "Zero-Waste Cities" initiative.

In Jianchuan County, Jianhu Lake serves as a critical habitat for migratory birds traveling along the Hengduan Mountains corridor in Northwestern Yunnan. Meanwhile, early autumn brought the return of the endangered Cibi flower, blooming once again near Cibi Lake in Eryuan County.

In Yousuo Town, Eryuan County, freshly harvested water caltrops are being shipped to major cities such as Beijing, Shanghai, and Guangzhou.

Along the Erhai ecological corridor, the beautifully restored landscapes have driven the growth of eco-tourism around the lake. Additionally, a series of ecological agriculture projects are taking shape, providing job opportunities for local people and promoting sustainable agricultural development.

Through strengthened international cooperation and by sharing its successful practices in protecting Erhai Lake, Dali aims to provide Chinese wisdom and solutions for the global effort to build an ecological civilization.

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Eason Zhou, evisionsinfo@gmail.com

Source : Dali Information Office

--BERNAMA