Yearly Archives: 2020

PR Newswire

Flexcil Inc. Releases Second Version of Advanced PDF Annotation and Note-taking App for the iPad and iPhone

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Featured on the App Store and an Editor’s Choice app, Flexcil is a study toolkit that allows PDF annotation, notes creation, and convenient sharing.

SEOUL, South Korea, Nov. 5, 2020 — To meet the rising demands of online teaching and learning during the COVID-19 pandemic, Flexcil Inc. has launched the second version of Flexcil, its all-in-one study tool for the iPad and iPhone that combines the best of a PDF reader and a digital notebook.

PDF annotation & note taking application Flexcil released it's new version supports iPad and iPhone
PDF annotation & note taking application Flexcil released it’s new version supports iPad and iPhone

Flexcil offers smooth and seamless digital note-taking and annotation that enhances the entire learning experience of reading books, organizing notes, reviewing, and sharing in the digital world. The intuitive PDF reader enables users to annotate PDFs and organize notes efficiently without interruption using natural, simple, and intuitive pen gestures. Since Flexcil supports the latest Apple Pencil and Double-tap function, users can simply highlight and underline text, select, add, move, or delete images and text, and take notes using pen gestures. The app also helps save time transcribing summaries with a touch pen. It includes an extended gesture menu for search and bookmark.

Users can view the PDF while dragging and dropping elements from it to a separate notepad and organize them easily. They can edit PDFs to their taste and edit notes as well. All the referenced information and resources (texts, images, notes) are linked systematically to find data easily and quickly. A Palm Rejection solution prevents unintentional palm and finger contact for precision and accuracy.

New features include Full-screen view with minimal UI and Document Switch button, Vertical Scroll for both PDF and pop-up note, and Multi-page view for up to 4 pages that is optimal for viewing PPT files. Compatible with the iPhone, the new version allows users to take notes anytime, anywhere.

Flexcil connects with various cloud storage services, including iCloud, Dropbox, OneDrive, and Google Drive. In addition to personalization through a variety of colorful covers and note templates such as Plain, Lined, Legal, and Cornell, it provides various study toolkits such as Shape, Capture, Ruler, and Lasso Tools.

"Flexcil has proven its quality by being selected as Apple’s App Store featured app and is pre-installed on iPads in Apple Stores worldwide. It has also been selected under C-Lab Outside, Samsung’s startup accelerator program," said Jung Koo Kwon, CEO of Flexcil Inc. "Through this new release, our app can provide an advanced user experience with full-screen view, vertical scroll, 4-page view, and more. It is ideal for students, educators, researchers, schools, and educational institutions."

For more information about the PDF Reader and note-taking app for the iPad and iPhone that combines the strengths of both the analog and digital study experience, visit https://www.flexcil.com. Flexcil is available on the App Store.

About Flexcil Inc.

Founded in 2015, Flexcil Inc. was the first winner of the in-house idea incubation program of Hancom Inc., one of the largest software companies in South Korea. The company’s mission is to bring out the best in both analog and digital education experience. It launched Flexcil, an iPad app that offers a seamless digital study experience by innovating the study environment like reading books, taking notes with a pencil, and reviewing them. Apple recognized and selected Flexcil as a demo app in Apple retail stores worldwide as well as a featured app in the App Store many times. Flexcil Inc. is now expanding its product to other environments such as Android and the iPhone. 

Related Links :

http://flexil.com

PR Newswire

Correction: WiMi Announces Acquisition of Fe-da Electronics Company Pte Ltd

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BEIJING, Nov. 5, 2020 — WiMi Hologram Cloud Inc. (Nasdaq: WIMI) ("WiMi" or the "Company"), a leading augmented reality ("AR") service provider in China, announces that its wholly-owned subsidiary, VIYI Technology Inc. ("VIYI Technology"), has entered into an agreement for the acquisition of 100% equity interests of Singapore-based Fe-da Electronics Company Pte Ltd. ("Fe-da Electronics") to accelerate the development of the Company’s semiconductor chip business. According to the financial statements provided by Fe-da Electronics, the revenues of Fe-da Electronics amounted to US$45,892,564 and US$70,770,218 for 2018 and 2019, respectively, both of which have exceeded the total revenues of WiMi in their respective periods. Through integrating Fe-da Electronics, the Company seeks to further optimize its financial model so as to improve its business growth and market size, and create more value for its investors.

The main businesses of Fe-da Electronics are the customization of central processing units ("CPU") for computers and servers and the production of storage devices, including SSD and RAM storage devices. After integrating Fe-da Electronics into VIYI Technology, the Company plans to both retain and strengthen Fe-da Electronics’ current team, fostering meaningful synergies in its development of central processing algorithm services. The Company also plans to utilize Fe-da Electronics’ existing artificial intelligence ("AI") and cloud computing technologies to further unlock its potential in the development of cloud service solutions.

Through the Company’s integration of Fe-da Electronics’ semiconductor businesses, the Company will further strengthen its central processing algorithm services, launch an integrated hardware-software system for enterprise and industrial data centers, and help better facilitate the digital transformation process by providing the entire industry, especially small- and medium-sized enterprises, with integrated cloud computing products and services. Furthermore, the Company will also leverage Fe-da Electronics’ resources to further establish its presence in Mainland China, Hong Kong, Taiwan, Southeast Asia, and other areas.

Mr. Shuo Shi, Chief Executive Officer of WiMi, commented, "Our acquisition of Fe-da Electronics marks a very important milestone in our journey to achieve our long-term goal of becoming a global leader in CPU AI algorithms. In addition, our integration with Fe-da Electronics will create significant synergies in the areas of technology, product development, and market coverage, helping us to seize those market opportunities in the field of central processing algorithm services and develop more unique competitive advantages. Going forward, we plan to leverage these advantages to capture related market opportunities, move closer towards the fulfillment of our long-term goals in both AI algorithms and cloud computing services, and create more value for our shareholders over the long term."

About WIMI Hologram Cloud Inc.

WiMi Hologram Cloud, Inc.(NASDAQ: WIMI), whose commercial operations began in 2015, operates an integrated holographic AR application platform in China and has built a comprehensive and diversified holographic AR content library among all holographic AR solution providers in China. Its extensive portfolio includes 4,654 AR holographic contents. The company has also achieved a speed of image processing that is 80 percent faster than the industry average. While most peer companies may identify and capture 40 to 50 blocks of image data within a specific space unit, WiMi collects 500 to 550 data blocks.

Safe Harbor / Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release, as well as the Company’s strategic and operational plans, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the expected growth of the AR holographic industry; and the Company’s expectations regarding demand for and market acceptance of its products and services. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable laws. 

Contacts

WIMI Hologram Cloud Inc.
Email: pr@wimiar.com

ICR, LLC
Sharon Zhou
Tel: +1 (646) 975-9495
Email: wimi@icrinc.com

PR Newswire

Nium Names Frederick Crosby as New Chief Revenue Officer

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Crosby will take on global responsibility and oversight for the company’s B2B sales, marketing and communication efforts.

SINGAPORE, Nov. 5, 2020 — Nium, a financial technology infrastructure platform, today announced the appointment of Frederick Crosby as its new Chief Revenue Officer. This comes as the company looks to expand and develop its global financial infrastructure to enter new markets, expand across the globe, and establish banking relationships to seamlessly move money around the world.

Nium Names Frederick Crosby as New Chief Revenue Officer
Nium Names Frederick Crosby as New Chief Revenue Officer

 

Frederick comes with nearly two decades of experience in pioneering and driving growth in the digital cross-border C2C, B2B and B2C payment space with some of the biggest names in the industry. At PayPal, he led a company-wide effort that made PayPal the payment method of choice in cross-border e-commerce around the world. As the Digital CRO at Western Union, he transformed the company into a digital remittance giant and market leader in every country they served. In his last role, Frederick was the Chief Revenue and Marketing Officer at Veem, a B2B global payment service backed by Kleiner-Perkins and GV (formerly known as Google Ventures), where he established Sales, Marketing and Business Development teams that drove customer count from under a thousand to over 170K in just four years.

Frederick said, "Designing and implementing go-to-market growth strategies for start-ups and enterprise companies has been at the heart of my professional career, and I cannot wait to combine my passion for global payments and FinTech with this new role at Nium. As the world has accelerated online adoption in the face of COVID-19, any smart business knows it is time to think global in its payment strategy if they want to grow in the upcoming years. Working together with colleagues, partners, and customers around the world, Nium continues its mission to be the leader in simplifying the cross-border payments experience and offer the right solution for businesses."

Prajit Nanu, Co-founder and CEO of Nium said, "I am super excited to welcome Frederick in this new position. With his extensive experiences in high-growth planning and execution, he is perfectly suited to lead the charge to break new ground, and ensure that we remain the platform partner of choice for enterprises."

This appointment follows the company’s recent expansion into Middle East and Africa, as well as a slew of new senior hires recently including Dana Nino as global Senior Vice President for Growth, Customer Success, and Partnership. Frederick will be reporting directly to Prajit Nanu, CEO and Co-Founder of Nium.

About Nium

Nium is a global financial technology platform redefining the way consumers and businesses send, spend and receive funds across borders. The company is continuously innovating to provide the most relevant and agile solutions to meet the needs of consumers and businesses, having evolved from solely focusing on consumer remittance via InstaReM, to also providing fintech solutions for businesses. Nium is regulated in Australia, Canada, European Union, Hong Kong, India, Indonesia, Japan, Malaysia, Singapore, United Kingdom and the United States of America, and processes billions of dollars a year for banks and payments institutions, the next generation of e-commerce players, OTAs and retail users across the world. Nium’s investors include Visa, BRI Ventures, Vertex Ventures, Vertex Growth, Fullerton Financial Holdings, GSR Ventures, Rocket Internet, Global Founders Capital, SBI Japan, FMO (Netherlands Development Finance Company), MDI Ventures, Beacon Venture Capital and Atinum Investment.

For more information, visit: http://www.nium.com.

Media Contact:

Gillian Loo
+65 9863 8120
Gillian.loo@nium.com

Related Links :

http://www.nium.com

PR Newswire

Wondershare Recognized as an Industry Leader in the G2 Crowd Fall 2020 Reports

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VANCOUVER, BC, Nov. 5, 2020 — Wondershare is proud to announce that several of its creativity and productivity software products have been recognized by the G2 Crowd Fall 2020 Reports.

Wondershare Recongized as an Industry Leader in the G2 Crowd Fall 2020 Reports
Wondershare Recongized as an Industry Leader in the G2 Crowd Fall 2020 Reports

These reports rank products by customer satisfaction, market presence, seller size, and social impact. Below are the ranks awarded to Wondershare products.

  • Wondershare Filmora: Leader in Video Editing
    Wondershare Filmora has been recognized as a leader in the field of video editing, along with other well-known names such as Adobe Premiere and Final Cut Pro X. The recently launched upgrade, Wondershare Filmora X, is designed to make it easy for new content creators to drag and drop their way to extraordinary videos.
     
  • Wondershare PDFelenment: Leader in Document Generation
    Wondershare PDFelement has been recognized as a leader in Enterprise Document Creation, Graphic Design, Desktop Publishing and Document Creation. PDFelement is the easiest way to create, edit, convert, and annotate forms and documents. Designed with simplicity in mind, PDFelement gives you all the elements you need to communicate easier, faster, and better.
     
  • Wondershare FilmoraPro: High Performer in Video Editing
    Wondershare FilmoraPro has been recognized as a High Performer in video editing. FilmoraPro provides powerful functions while remaining user-friendly. Features include: unlimited tracks, preset transitions, automatic stabilization and more. It is the best choice for the professionals.

"We’re honored to receive this recognition. It means a lot to our engineers and product managers who have been dedicated to providing the best experience for our users," said Tobee Wu, CEO of Wondershare. "We look forward to enhancing the product experience even further and continuing to invest in software innovation."

Wondershare Recoverit and Wondershare Dr.Fone were also recognized as being among the Top 50 products in IT management for 2020 based on positive user feedback for the year of 2019.

For all the latest Wondershare news and updates, follow us on YouTube, Instagram, Facebook and Twitter.

About Wondershare:

Founded in 2003, Wondershare is a global leader in software development and a pioneer in the field of digital creativity. Our technology is powerful, and the solutions we provide are simple and convenient. That’s why we’re trusted by millions of people in over 150 countries worldwide. We help our users pursue their passions so that, together, we can build a more creative world.  

www.wondershare.com

Media Contact
Ellen Cheng
Wondershare
ellenc@wondershare.com

Related Links :

http://www.wondershare.com/

PR Newswire

Frost & Sullivan Intelligent Mobility Summit 2020 to Spotlight Industry’s Digitally-driven Roadmap for Post-COVID Recovery, Resilience and Resurgence

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TOKYO, Nov. 5, 2020 — COVID-19 has affected the four cornerstones of connectivity, shared, electric and autonomous (C.A.S.E.) in the mobility industry, even as it continues to incubate new consumer behaviors, competitive responses, innovation strategies, and business models. The crisis has provided a massive impetus to digital initiatives across the mobility value chain. Stakeholders are accelerating digital transformation with innovative, digitally-driven business models and value-added services that will underpin the push towards a stronger, more resilient future.

Frost & Sullivan Intelligent Mobility Summit 2020 to Spotlight Industry’s Digitally-driven Roadmap for Post-COVID Recovery, Resilience and Resurgence
Frost & Sullivan Intelligent Mobility Summit 2020 to Spotlight Industry’s Digitally-driven Roadmap for Post-COVID Recovery, Resilience and Resurgence

To understand how digitization is reinventing the mobility landscape, the theme of this year’s Frost & Sullivan’s Intelligent Mobility Summit 2020 is "Intelligent Mobility: The Digital Acceleration".  The two-day online summit, scheduled to be held on November 24-25, 2020 will offer unique insights into the role of digital technologies in helping stakeholders, particularly across the Asia-Pacific region, navigate the new normal and shape the future of mobility in a post-COVID scenario.

To register your attendance at this premier, must-attend flagship Intelligent Mobility Summit, please visit: http://frost.ly/4su

This year’s complimentary event brings together Frost & Sullivan’s mobility experts and industry thought leaders, including Ashwani Gupta, Director, COO/CPO, Nissan Motor Co., Ltd.; Christopher Wehner, Managing Director, BMW Group Asia; Pras Ganesh, Project Executive Vice President, Toyota Daihatsu Engineering & Manufacturing Co., Ltd.; and. Juan Carbonell, Head of Solutions APAC, Moovit.

Panel discussions and industry presentations will focus on six thematic areas:

  • The Future of Connectivity
  • New Paradigms – New Business Models
  • Shared Mobility & Delivery on Demand Trends
  • Future of Electrification & Autonomous Driving
  • Digital Retailing in Automotive Industry
  • Future of Last Mile Delivery

As connectivity capabilities and services improve, the challenge will be to reconcile privacy and data security concerns with the need for more real-time vehicle information. Meanwhile, mobility companies will confront the dilemma of whether to adopt go-it-alone strategies or push for greater interoperability and open standards.

"New digitally empowered business models—usership-based, services-oriented or data monetization-driven, among them—are gaining momentum across the mobility value chain," notes Vivek Vaidya, Associate Partner and Senior Vice President, Mobility Practice, Asia Pacific, Frost & Sullivan. "Start-ups are upsetting traditional value chains, creating new use cases, and fostering novel ideas about value creation."

Participants in the hard hit shared mobility segment are evaluating new business approaches. For instance, several ride hailing, e-scooters, and e-hailing companies are repurposing their offerings by riding on the boom for last mile food and grocery deliveries.

Vehicle electrification and autonomy are long-term strategies that have remained largely insulated from the impacts of the pandemic.  Automakers are continuing to develop electric vehicle/ autonomous driving (EV/AD) platforms and architectures, while pushing forward on circular economy and innovating to zero practices.

Digital automotive retail has received a massive fillip during the pandemic. "Changing customer behaviors are compelling automakers to streamline the customer journey from vehicle purchase to delivery, and promote seamless access to contactless parts/services delivery and online retail finance," says Vaidya. "Simultaneously, evolving online-offline dynamics are altering dealership and distribution models."

Advances in enabling technologies are expanding the potential of urban air mobility (UAM) applications. Cargo drones are being spotlighted as last mile delivery solutions, while passenger UAM vehicles offer promise in resolving urban congestion woes. Continued innovation and regulatory oversight will be key to boosting market prospects.

About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:
Melissa Tan
Corporate Communications
T: +65 6890 0926
E: melissa.tan@frost.com

http://ww2.frost.com

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PR Newswire

Fuji Xerox Strengthens Synergies Within Fujifilm Group to Create Growth Globally

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Rebrands Asia Pacific Operations to Fujifilm from April 2021

TOKYO, Nov. 5, 2020 — Fuji Xerox announces that its Asia Pacific operations will change to the Fujifilm brand with the changing of Fuji Xerox Co., Ltd. corporate name to FUJIFILM Business Innovation Corp. on April 2021. This change is brought forth based on the company’s decision to end the Technology Agreement with Xerox Corporation on the agreement’s expiration date, March 31, 2021. The Technology Agreement provides for technology/brand licenses and sales territories applicable to each company.

Fuji Xerox and Xerox Corporation have a history of benefiting from the shared use of technologies each company independently developed. Fuji Xerox has thrived in the speed and level of product development and have been establishing its own technologies for many years. As such, Fuji Xerox is well positioned to continue developing and manufacturing its original products using its own, unique technologies after the expiration of the Technology Agreement with Xerox Corporation.

Fuji Xerox will also provide services and maintenances including managed print services to customers in full performance of current agreements with them, without regard to the expiration of the Technology Agreement with Xerox Corporation.

With affluent know-how accumulated to date and trust earned from customers, Fuji Xerox aims to foster innovation with the other companies in the Fujifilm Group by accelerating the market introduction of solutions and services that build on technologies related to the cloud, artificial intelligence, and the Internet of Things. Additionally, Fuji Xerox will work swiftly to strengthen its document and adjacent businesses as well as to expand into new business areas, and to bring about business innovations by supporting the use and sharing of knowledge that will enable office workers to further increase their productivity and efficiency.

Likewise, on April 1, 2021, the sales departments in Japan and all 31 domestic sales subsidiaries plus Fuji Xerox InterField will integrate as one to establish a new company, FUJIFILM Business Innovation Japan Corp.

The new corporate name represents Fuji Xerox’s commitment as part of the Fujifilm Group – which promotes "Value from Innovation" as its corporate slogan – to expand into a wide range of business areas going forward and to always continue delivering business innovations.

[List of major Asia Pacific affiliates]

Current company name

New company name after April 2021

Fuji Xerox Asia Pacific Pte Ltd

(Regional management of sales affiliates in Asia/Oceania countries and regions)

FUJIFILM Business Innovation Asia Pacific Pte. Ltd.

Fuji Xerox Asia Pacific Pte. Ltd. (Malaysia Operations)

(Sales and services of office equipment in Malaysia)

FUJIFILM Business Innovation Asia Pacific Pte. Ltd.  (Malaysia Operations)

Branch of Fuji Xerox Asia Pacific Pte Ltd (Cambodia)

(Sales and services of office equipment in Cambodia)

Branch of FUJIFILM Business Innovation Asia Pacific Pte. Ltd. (Cambodia)

Fuji Xerox Singapore Pte Ltd

(Sales and services of office equipment in Singapore)

FUJIFILM Business Innovation Singapore Pte. Ltd.

Fuji Xerox Australia Pty. Limited

(Sales and services of office equipment in Australia)

FUJIFILM Business Innovation Australia Pty Ltd.

Fuji Xerox New Zealand Limited

(Sales and services of office equipment in New Zealand)

FUJIFILM Business Innovation New Zealand Limited

Fuji Xerox (China) Limited

(Sales and services of office equipment in China)

FUJIFILM Business Innovation (China) Corp.

Fuji Xerox Taiwan Corporation

(Sales and services of office equipment in Taiwan)

FUJIFILM Business Innovation Taiwan Co., Ltd.

Fuji Xerox Korea Company Limited

(Sales and services of office equipment in Korea)

FUJIFILM Business Innovation Korea Co., Ltd

Fuji Xerox (Thailand) Co., Ltd.

(Sales and services of office equipment in Thailand)

FUJIFILM Business Innovation (Thailand) Co., Ltd.

Fuji Xerox Philippines Inc. 

(Sales and services of office equipment in the Philippines)

FUJIFILM Business Innovation Philippines Corp.

Note: Due to the registration processes of respective countries, the exact date as to when the new names will go in effect may vary per affiliate.

About Fuji Xerox

Founded in 1962, Fuji Xerox Co., Ltd. is a leading company in offering smarter ways to work with its document-related solutions and services, as well as with the world-class office multifunction devices, printers and production printers that we develop and manufacture for worldwide distribution.    

Fuji Xerox is a wholly owned subsidiary of FUJIFILM Holdings Corporation with direct sales force covering Japan and the Asia-Pacific region including China. As a U.S. 10 billion dollar enterprise, we employ approximately 40,000 people globally, with more than 80 domestic and overseas affiliates / sales subsidiaries. On April 1, 2021, Fuji Xerox will change its corporate name to FUJIFILM Business Innovation Corp.

Fuji Xerox Asia Pacific is the subsidiary of Fuji Xerox overseeing sales operations in the Asia-Pacific region. 

http://www.fujixerox.com

Xerox, Xerox and Design, as well as Fuji Xerox and Design are registered trademarks or trademarks of Xerox Corporation in Japan and/or other countries.

PR Newswire

Former Global Head of Trade Finance, Farooq Siddiqi, joins fintech platform #dltledgers as CEO

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SINGAPORE, Nov. 5, 2020 — Leading cross-border trade digitisation platform #dltledgers has hired veteran banker Farooq Siddiqi as its Co-CEO. Siddiqi, who has over 25 years of experience in transaction and corporate banking commenced his new role on 2nd November 2020. He will split responsibilities with the founder & CEO, Samir Neji. Based out of the company’s Singapore headquarters, the senior banking professional will focus on paving the path for the next phase of #dltledgers’ growth. His immediate plans include geographic expansion, deploying the company’s recently launched Trade Finance Registry, and leading the launch of SmartFIN, an SME financing programme. Future plans include introducing innovative transactional lending models for supplier financing and inventory financing, such that platform customers can immediately benefit from next-generation risk management models.

Farooq Siddiqi, Co-CEO of #dltledgers
Farooq Siddiqi, Co-CEO of #dltledgers

During the course of his career Siddiqi has held numerous senior leadership roles. In his most recent role as CEO, Asia Pacific at Falcon Group, he was responsible for formulating regional strategy and contributing to global business delivery. Prior to Falcon Group, Siddiqi had almost two decades of experience at Standard Chartered Bank, which he joined in 2000. At Standard Chartered Bank he ran trade finance globally, having worked his way up through various regional and global roles within trade and cash management.

Speaking on his appointment, Siddiqi says: "COVID-19 has impacted businesses dramatically, especially the small and medium sized companies. If these companies do not adopt more efficient, digitised solutions quickly, they are at real risk. Even large enterprises and banks suffer by sticking with traditional operating processes within trade finance. It is imperative for the industry to review newer models, especially those deploying blockchain technology, to bring about streamlined, transparent processes that benefit all stakeholders. I believe now is an opportune time to step up efforts to bring about these industry changes. Therefore, I am thrilled to be joining the team to help further this vision".

Over the past few months, #dltledgers has expanded rapidly. Several senior figures have been hired to help power its ongoing fintech innovation. Apart from trade finance and supply chain digitisation, the company has deployed a range of supplier finance and sustainability finance solutions. It recently made global headlines as the platform-provider for the Singapore government’s Trade Finance Registry pilot, which aims to tackle double financing fraud. The company’s focus on hiring senior trade finance professionals is no coincidence. While digitising trade execution processes is the current focus, the company’s longer-term objective is to leverage its data to create a more sophisticated framework for managing risk and liquidity within global trade finance.

"It’s always a delight to welcome banking leaders into the fintech sector. We are incomplete without their expertise" says Samir, CEO at #dltledgers. "We see huge expectation gaps between the seekers and financiers in the market, due to the volatility and risks involved in financing. Having an industry veteran like Farooq join our team in this critical post-COVID period will aid us immensely. We are striving to serve the growing aspirations of our customer, and to offer a better, safer, digital, experience for all stakeholders, while mitigating the trade finance gaps between lenders and buyers. Farooq is the perfect fit because he has global experience, is a strategic thinker, is customer-focused, and has the ability to execute. For him to join #dltledgers is as promising a signal as we could hope for. I am ecstatic to welcome him to the team".

Since its inception three years ago, #dltledgers has digitised over SGD 3 billion-worth of cross-border trades, powering trade flows spanning 28 countries on four continents. On the back of significant growth in 2019/20, including the opening of several global offices, the company is in the midst of its latest funding round, which will support further expansion in 2021.

About #dltledgers:   

#dltledgers is the leading, independent fintech platform for trade and supply chain digitisation and finance in blockchain. Based in Singapore, the platform facilitates inter-enterprise collaboration, connecting the "digital islands" across its value chain to create a trusted trade framework and supply chain ecosystem for its users, thus offering a risk model for lending. Network participants include buyers, sellers, trading companies, and finance providers, as well as carriers, logistics partners, insurers, ports, and a variety of certifying bodies and government agencies. The #dltledgers blockchain platform is a pioneer in enterprise blockchain, having executed $3 billion worth of live transactions, involving over 400 subscribed traders, 45 banks, and 4500+ ecosystem partners. 

PR Newswire

Meet DJI Mini 2, The Ultra-Light, Feature-Packed, Easy-To-Fly Drone You’ve Been Waiting For

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Weighing Under 249 Grams, DJI Mini 2 Now Has State-Of-The-Art OcuSync Transmission, Robust Motors, and a 4K Camera

SHENZHEN, China, Nov. 5, 2020 — Today, DJI, the global leader in civilian drones and creative camera technology, launched DJI Mini 2, a high-performance camera drone that packs impressive new features into a small, portable design in the safest drone category weighing less than 249 grams. The successor to DJI’s original Mavic Mini, DJI Mini 2 is easy to fly, with improved imaging capabilities, powerful flight performance, and significantly enhanced transmission technology for longer and more reliable connection. Intelligent, pre-programmed modes have been optimized so that you can capture eye-catching footage with just a few taps while beginner tutorials and learning tools help get new pilots up to speed on how to fly this fun new drone. Supported with a wide array of fun, safe, and creative accessories, DJI Mini 2 users can make the system their own with personalized items or show it off with the illuminated display case.

"Mavic Mini was a monumental breakthrough for DJI and for drone pilots across the world, as its unprecedented combination of weight, safety, performance, and overall value became the entry point for countless new drone pilots and fans," said DJI President, Roger Luo. "DJI Mini 2 enhances those key aspects, packing larger drone performance in an approachable, small design in the safest drone category that is perfect for beginners and will also impress more experienced pilots."

Mini Design, Impressive Results

Just like the original Mavic Mini, DJI Mini 2 features the iconic folding design that makes traveling with a drone incredibly easy. The lightweight system adds minimal weight to your bag and can easily be brought with you in case the opportunity to fly arises. Small yet mighty, DJI Mini 2 has impressive upgrades to vital flight performance features compared to the original version. OcuSync 2.0 transmission technology has now been incorporated. OcuSync 2.0 is DJI’s world-renowned transmission technology responsible for ensuring stable, long distance, and reliable connection between the remote controller and the drone. Dual-frequency technology[1] automatically switches between channels to help against interference. DJI Mini 2 has a maximum transmission range of 10[2] km[3], which is a 150% increase in transmission range when compared to the original Mavic Mini. Upgraded motors provide 31 minutes of flight time, faster acceleration and speed, along with the ability to withstand winds up to 24mph.

Surprisingly Easy to Fly, Reassuringly Safe

DJI Mini 2 was made to be fun to fly, simple to operate, and safe for everyday use, whether that is daily life or an exciting adventure. A live feed from the drone’s camera is sent to your mobile phone so that you can see exactly where Mini 2 is and what it sees. Simplified buttons and functions keep things streamlined and easy to understand compared to more advanced drones. Like all DJI drones, high-grade positioning and vision sensors help Mini 2 hover precisely in place. GPS keeps track of where the drone is while the vision sensors on the bottom map out the ground below it and assist automated landing. DJI drones are renowned for their safety features so that both new and experienced pilots can enjoy the flying experience. Some of these features include GEO fencing, which keeps drones out of sensitive areas like airports, Return to Home, a feature that can be activated so the drone returns to the pilot, and Altitude Lock, an adjustable limit on how high the drone can go. Together, these modes and features make DJI Mini 2 not only a thrill to fly but safe for all skill levels.

Vivid Photos, Steady Video Footage All At Your Finger Tips

Capture those moments in detail with the help of the 1/2.3-inch sensor capable of recording 12-megapixel images and a maximum video resolution of 4K/30fps @100 Mbps. Additionally, images can be saved in standard JPEG as well as RAW for advanced users who want to edit footage further. Shake-free, smooth footage is possible because of the class-leading 3-axis gimbal, which compensates for drone movement, wind, and more. While recording in 1080p resolution, pilots can get closer to their subject without actually having to move the drone thanks to the 4X Zoom (2X lossless in quality) option. Pre-programmed intelligent modes mean the drone does the hard work of capturing beautiful footage with set movements and imaging features. Make your content stand out with just a tap thanks to these pre-set modes including:

–  QuickShots: Pre-programmed movements and image capture modes.

  • Dronie: DJI Mini 2 flies backward and upward, with the camera tracking your subject. Set a height limit of 40, 60, 80, 100, or 120 ft.
  • Helix: DJI Mini 2 flies upward and away, spiraling around your subject. Set a height limit of 40, 60, 80, 100, or 120 ft.
  • Rocket: DJI Mini 2 flies straight up into the air with the camera pointing downward following your subject. Set a height limit of 40, 60, 80, 100, or 120 ft.
  • Circle: DJI Mini 2 will circle around your subject at a constant altitude and distance.
  • Boomerang: DJI Mini 2 flies a boomerang-like oval flight path around your subject, starting and stopping video in the same place.
  • – Panoramas: Capture a wider perspective with select pano modes.
  • Sphere: DJI Mini 2 automatically captures twenty-six images and stitches them together for a crystal-clear image.
  • 180°: Captures seven photos for sweeping landscape images.
  • Wide-Angle: Captures a wide 3×3 image consisting of nine images.

–  Image modes: Different photo modes for different scenarios.

  • AEB Triple Shot: Auto Exposure Bracketing (AEB) takes three images of varying exposure and merges them for a vivid image. This can be edited further to bring out a High Dynamic Range (HDR) image in post-processing.
  • Timed Shots: Give yourself a few extra seconds before taking that photo with timed shots.

Easy To Create, Easier To Share With The World

Sharing is caring, and the DJI Fly app and DJI Mini 2 have a ton of enhancements that make sharing immediately on social media easy and intuitive. Now, your cell phone can connect directly to the drone without the remote controller, and after capturing that shareable footage, download images at a high-speed rate of 20 MB/s once landed safely. Once the images are downloaded to your phone, apply your own edits with the dedicated editing tools in the DJI Fly app or use the new Enhanced Photo option, which applies edits automatically to make it pop. Video footage can take up a lot of space so now, pilots can choose to trim it before downloading using Trimmed Download. DJI Mini 2 is not only simple to fly and fun to operate, the footage you record with it can be shared with all your followers in a matter of seconds.

Add-Ons To Make DJI Mini 2 Your Own

New and updated accessories for DJI Mini 2 help get the most out of its size. These accessories include:

–  360° Propeller Guards: Make the DJI Mini 2 even safer with propeller guards that completely cover the full propellers.
–  DJI Mini Bag +: Colorful and fashionable, the new carrying bag adds flair to your outfit.
–  Charging Display Case: Show off your DJI Mini 2 in an illuminated clear, bell jar.
–  DIY Creative Kit: Personalize your Mini 2 with custom stickers or blank stickers to create your own artwork.
–  Snap Adapter: An adapter that snaps on to the top of the Mini 2 that allows for the attachment of a small LED screen that messages can be written on.             

DJI Care Refresh

DJI Care Refresh is now available for DJI Mini 2. For an additional charge, DJI Care Refresh offers comprehensive coverage as well as up to two replacement units within one year. The 2-year plan provides 3 replacement units in 2 years and extends the original warranty period by one more year[4]. Receive your replacement even sooner with DJI Care Refresh Express. DJI Care Refresh also includes VIP after-sales support, and free two-way shipping. For a full list of details, please visit https://www.dji.com/service/djicare-refresh.

Price and Availability

DJI Mini 2 is available for purchase today from store.dji.com and from authorized retail partners. DJI Mini can be purchased in two options. The standard package includes DJI Mini 2, remote controller and one battery for the retail price of $449. The Fly More Combo is also available, which includes three batteries, charging hub, DJI Mini 2, a carrying case and remote controller for the retail price of $599. Additional info here: https://store.dji.com/product/mini-2

Images and assets can be found at this link: https://bit.ly/2HKCYMZ

[1] Dual frequency not available in Japan and Russian regions.

[2] 6 km for regions using CE.

[3] DJI Mini 2 has a maximum range of 10 km when unobstructed, free of interference, and FCC-compliant. Maximum flight range specification is a proxy for radio link strength and resilience. Always fly your drone within visual line of sight unless otherwise permitted and check local laws and regulations in the region being operated.

[4] Additional 1-year warranty not available in European regions.

About DJI

DJI is a global leader in developing and manufacturing civilian drones and aerial imaging technology for personal and professional use. DJI was founded and is run by people with a passion for remote-controlled helicopters and experts in flight-control technology and camera stabilization. The company is dedicated to making aerial photography and filmmaking equipment and platforms more accessible, reliable, and easier to use for creators and innovators around the world. DJI’s global operations currently span across the Americas, Europe, and Asia, and its revolutionary products and solutions have been chosen by customers in over 100 countries for applications in filmmaking, construction, inspection, emergency response, agriculture, conservation, and many other industries.

For more information, visit our:

Website: www.dji.com  
Online Store: store.dji.com
Facebook: www.facebook.com/DJI
Instagram: www.instagram.com/DJIGlobal  
Twitter: www.twitter.com/DJIGlobal   
LinkedIn: www.linkedin.com/company/dji  
Subscribe to our YouTube Channel: www.youtube.com/DJI  
RoboMaster Competition: https://www.robomaster.com

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PR Newswire

Healthscope selects Adoreboard to improve Patient Experience in a Post-COVID World

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BELFAST, Ireland, Nov. 5, 2020 — AI is being used to understand patients’ emotions to help detect breaches in COVID-19 across 43 Healthscope hospitals in Australia with the deployment of Emotion AI technology Adoreboard.

As hospitals wrestle with the challenge of COVID-19, Healthscope a leading private healthcare provider, with 43 private hospitals across Australia and New Zealand treating 600,000 patients annually, has turned to Emotion AI platform Adoreboard to understand patient emotions.

Insights by Healthscope using Adoreboard shows that apprehension spiked by 33% during the lockdown period as patients came to terms with the pandemic with 12.5% of all COVID-19 related comments expressed concerns around social distancing in areas such as hospital lifts.  

It also pinpointed the need for multi-language signage with this issue alone driving patient sadness by 30%. In response, Healthscope’s patient experience and communications team rolled out innovative signage on social distancing instructions on thousands of meal trays across all hospitals with social distancing messaging for patients in multiple languages. A week after implementing the modifications they saw the positive changes in the patient feedback through the Emotion AI technology.

The software works by automatically integrating patient feedback from Qualtrics into Adoreboard’s Emotics platform which can detect 24 levels of emotional intensity. Adoreboard’s AI can detect recurring themes that trigger emotions such as Joy or Anger which in turn helps Healthscope prioritise what actions to take.

Jeffrey Woods, National Patient Experience Manager at Healthscope said: "Adoreboard’s Emotics helps our frontline staff connect the dots in far more meaningful and empathetic ways. This improves speed to insight and ultimately the patient outcome by enabling us to prioritise decisions based on emotional intensity in any feedback. The best in human experience should be at the heart of healthcare and that’s why we use Adoreboard."

The technology has also been deployed to detect other issues impacting patient experience by providing predictions on the outcome on its patient experience metrics if resolved. 

One such issue was the impact of blood monitoring cuffs which if fitted wrongly can cause discomfort to a patient’s arm. The AI identified this issue reduced patient trust by 33% and increased sadness by 88%. The analysis showed by fixing this issue gains in satisfaction levels of patient experience would increase by 18%.

Adoreboard is a Gartner Cool Vendor in Customer Analytics using AI.

 

PR Newswire

Passenger Vehicles in Latin America Will Host Next-gen Connected Services as Standard by 2025, says Frost & Sullivan

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Future growth in connected vehicles and services to be led by multimedia, infotainment, instrument panel, and HMI solutions

SANTA CLARA, Calif., Nov. 5, 2020 — Frost & Sullivan’s recent analysis, Connectivity Features Powering the Latin American Passenger Vehicles Market, 2020–2025, focuses on analyzing technologies and services that are and will be available in Brazil, Argentina, Colombia, Chile, and Peru. It forecasts that by 2025, connected services such as parking finder, real-time vehicle diagnostics, and onboard emergency alert systems would be standard fitment in passenger cars across all automotive OEMs in Latin America. The research reveals multimedia, infotainment, and instrument panels to be the key technologies leading the connectivity transformations in the region’s automotive industry, and identifies high-speed Internet, embedded modems, and human-machine interfaces (HMI) as the new focus areas for OEMs through 2025.

Passenger Vehicles in Latin America Will Host Next-gen Connected Services as Standard by 2025, says Frost & Sullivan
Passenger Vehicles in Latin America Will Host Next-gen Connected Services as Standard by 2025, says Frost & Sullivan

For further information on this analysis, please visit: http://frost.ly/4sr

"Automakers are no longer hardware manufacturers, but are evolving into technology companies, launching new products, technologies, services, and interfaces," said Guira Barretto, Intelligent MoSenior Consultant. "This new scenario is pushing OEMs to launch products and services much faster than before. Most of these solutions are in their initial stages of development. Each OEM can be observed following a different strategy for consolidation in this new market. A large number of multimedia and infotainment solutions are being launched initially in Brazil and Argentina, and later being deployed to other countries of Latin America."

Barretto added: "The next generation of connected services will use onboard internet as a key functionality to allow other connected services. It will enable OEMs to develop connected solutions that are not part of their business models, and partnerships with start-ups and marketplaces will drive robust and strong growth in this regard. OEMs and Tier-1 suppliers should utilize their capabilities to enhance and revamp their service offerings in short durations to increase consumer awareness and interest in the latest technology. Currently, Brazil is leading the connected services market in the region mainly due to the GM OnStar and other tests under development by Audi, Volkswagen, BMW and Ford."

In addition, OEMs and Tier-I manufacturers should follow these strategic recommendations to nurture growth:

  • User Experience: Partner with third-party AI-based assistants, build native intelligent assistants, or offer occupants multi-modal HMI interactions to transform user experience and reduce distractions.
  • Personalization: Develop solutions to improve communication with each of the occupants. Internet access inside the vehicle will be necessary to provide each passenger with a unique and personalized experience.
  • Connected Services: Develop new telematics data and solutions to improve the services offered. Acquiring or partnering with telematics service providers will be important to speed up the launch of these solutions.
  • Internet (4G/5G): Build strategic partnerships with telecom providers and communication module vendors to enhance on-road safety and provide data-rich in-vehicle services.
  • Multimedia, Infotainment, and Instrument Panel: Introduce improved multimedia and infotainment systems and instrument panels to attract and retain users. Larger screens with high-resolution graphics and air-gesture commands are some of the improvements that OEMs can offer.

Connectivity Features Powering the Latin American Passenger Vehicles Market, 2020–2025 is part of Frost & Sullivan’s global Automotive and Transportation Growth Partnership Service program.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Connectivity Features Powering the Latin American Passenger Vehicles Market, 2020–2025
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Contact:
Francesca Valente
Global Corporate Communications
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