Category Archives: PR Newswire

MoneyGram Expands Digital Network and Mobile Wallet Capability by Integrating with Global Payment Network, Thunes

JOHANNESBURG and SINGAPORE, Aug. 26, 2020 — MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced a partnership with leading fintech payment network, Thunes, which will enable MoneyGram’s customers to seamlessly send money directly to mobile wallets and bank accounts globally through the MoneyGram platform.

MoneyGram Expands Digital Network and Mobile Wallet Capability by Integrating with Global Payment Network, Thunes
MoneyGram Expands Digital Network and Mobile Wallet Capability by Integrating with Global Payment Network, Thunes

The global partnership will see additional payment services progressively rolled out in two phases. The first will be in Africa where countries such as Kenya, Tanzania and Uganda lead the continent in mobile wallet usage, while the second will focus on the Asia Pacific region and Latin America.

"This partnership marks an important milestone for us. Through this tie-up, Thunes can connect MoneyGram to over 30 markets in Africa, enabling us to significantly expand our reach into the region," said John Gely, Head of MoneyGram Africa. "We are continuously investing in key markets and accelerating digital growth through the integration of mobile wallets and banks, and we believe our partnership with Thunes will further support our strong expansion."

MoneyGram recently reported that account deposit and mobile wallet transactions increased 165% in July, which is an acceleration from the second quarter where the company reported 148% year-over-year transaction growth. This partnership is expected to further support this strong growth globally and further strengthen MoneyGram’s leading position in Africa.

"Thunes aspires to bridge the last mile in terms of access to financial services, particularly in emerging markets, and as such, this partnership is a strong fit," said Peter De Caluwe, CEO of Thunes. "Our robust technological capabilities will enable MoneyGram to achieve greater efficiencies which will bring about significant benefits for MoneyGram customers. In working together with MoneyGram, we strive to help them extend their reach worldwide. Beyond Africa, our next step is to facilitate MoneyGram’s expansion into Asia and Latin America."

According to the GSMA’s 2019 State of the Industry Report on Mobile Money, the mobile money industry is recording astonishing growth with roughly $730 billion global transactions in 2019. The organization reports Africa as one of the fastest growing mobile money transaction continents in the world with an estimated 190 million active wallets.

The COVID-19 outbreak had served to accelerate the trend towards digital payments as people shift away from cash and towards card and contactless payments for health and safety reasons.

"Like MoneyGram, it is important to us that we continue to make essential financial services more inclusive worldwide," said Serigne Dioum, Head of Mobile Money at MTN Group. "MoneyGram’s partnership with Thunes is already enabling our customers located across the African continent to receive payments quickly from MoneyGram straight to their mobile phones. This is significant, especially in times where the use of cash has been adversely impacted."

About MoneyGram International, Inc.

MoneyGram is a global leader in cross-border P2P payments and money transfers. Its consumer-centric capabilities enable family and friends to quickly and affordably send money in more than 200 countries and territories, with over 70 countries now digitally enabled.

MoneyGram leverages its modern, mobile, and API-driven platform and collaborates with the world’s leading brands to serve millions of people each year through both its walk-in business and its direct-to-consumer digital business.

With a strong culture of innovation and a relentless focus on utilizing technology to deliver the world’s best customer experience, MoneyGram is leading the evolution of digital P2P payments.

For more information, please visit MoneyGram.com and follow @MoneyGram

About Thunes

Thunes is a B2B cross-border payments network that enables corporates and financial institutions to move funds and provide financial services in emerging markets. Our global platform connects mobile wallet providers, banks, technology companies and money transfer operators in more than 100 countries and 60 currencies. Thunes is headquartered in Singapore with regional offices in London, Shanghai and New York.

For more information, visit www.thunes.com

About MTN Group

Launched in 1994, the MTN Group is a leading emerging markets operator with a clear vision to lead the delivery of a bold new digital world to our 240 million customers in 21 countries in Africa and the Middle East. We are inspired by our belief that everyone deserves the benefits of a modern connected life. The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code "MTN". We are pursuing our BRIGHT strategy with a major focus on growth in data, fintech and digital businesses.

For more information, visit www.mtn.com or www.mtn.co.za

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ASUS ZenFone 7 Series Flagship 5G Smartphone Delivers Stunning Visuals with Pixelworks Display Technology

Leading color accuracy, DC dimming and HDR tone mapping enable a truly cinematic video experience in consumers’ hands

SAN JOSE, Calif., Aug. 26, 2020Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of innovative video and display processing solutions, today announced that the new flagship smartphone ASUS ZenFone 7 series utilizes the Company’s leading HDR Tone Mapping, patented high efficiency color calibration and DC Dimming technology to make on-screen entertainment come to life for ASUS mobile users. With HDR certification, ZenFone 7 users can enjoy the most immersive new content from popular streaming sites, such as Amazon, Netflix and YouTube.

Leveraging Pixelworks technology, the new ZenFone 7 delivers more vibrant colors and absolute color accuracy for true-to-life videos and photos, with greater contrast and detail, even when viewing in darker environments. The Company’s innovative DC dimming feature reduces flicker sometimes associated with screen dimming in dark environments, improving eye comfort while maintaining superior viewing clarity.

Built on a Samsung 6.67" OLED display with a 90 Hz refresh rate, the ZenFone 7 supports a resolution of 1080 x 2400 pixels. The phone’s premium visual display, powered by Pixelworks technology, makes photos and videos taken with the ZenFone 7’s new triple front and rear cameras mounted in the unique Flip Camera module to expose impeccable color reproduction across all viewing modes.

The flagship ZenFone 7 delivers superior display performance based on visual processing technologies by Pixelworks, including the following:

  • Absolute Color Accuracy – Every ZenFone 7 is factory tuned with the Company’s patented, high-efficiency calibration software and runs Pixelworks color management software to optimize power while delivering color accuracy for all apps and content spanning the sRGB and DCI-P3 color gamuts.
  • DC Dimming – Reduces eye strain and visual sensitivity that can occur at low brightness on Samsung OLED screens. To dim the screen, the Pixelworks solution dynamically adjusts the display’s current to reduce the screen flickering associated with conventional Pulse Width Modulation (PWM) dimming.
  • High-Efficiency Calibration – Each device is efficiently tuned during production using Pixelworks technology and a rapid, high-precision color checker to calibrate for standard sRGB and DCI-P3 color gamuts in a fraction of the time of other approaches.
  • Industry-leading HDR – The Company’s precision HDR tone mapping provides exceptional contrast and color depth with up to 1 billion hues and access to more HDR content with certification from top content providers, including Amazon, Netflix and YouTube.

"Our latest flagship ZenFone 7 series delivers true premium quality to consumers with a display that is performance-optimized using some of the industry’s most advanced visual processing technology from Pixelworks," said Bryan Chang, General Manager, Smartphone Business Unit at ASUS. "For effortless access to the richest high-bandwidth HDR content and applications, the ZenFone 7 series combines powerful performance with Pixelworks display technology to transform consumer entertainment into breathtaking cinematic experiences they can enjoy anywhere they go."

"ASUS offers a full lineup of new phones that continue to elevate the visual experience for consumers," said Todd DeBonis, President and CEO, Pixelworks. "We are excited to partner with ASUS on the ZenFone 7, as this product truly demonstrates the company’s ongoing commitment to deliver compelling flagship quality and value for consumers for all visual content. We look forward to continued expansion of our partnership with ASUS."

With over 20 years of visual processing experience, Pixelworks is committed to advancing the smartphone viewing experience across all product tiers around the globe, especially for video, gaming and user generated content.

Availability

ASUS announced and officially launched the ZenFone 7 series on August 26, 2020 to the global markets and is expected to be commercially available in Q3 2020.

About ASUS

ASUS is a multinational company known for the world’s best motherboards, PCs, monitors, graphics cards and routers. Along with an expanding range of superior gaming, content-creation and AIoT solutions, ASUS leads the industry through cutting-edge design and innovations made to create the most ubiquitous, intelligent, heartfelt and joyful smart life for everyone. With a global workforce that includes more than 5,000 R&D professionals, ASUS is driven to become the world’s most admired innovative leading technology enterprise. Inspired by the In Search of Incredible brand spirit, ASUS won more than 11 awards every day in 2019 and ranks as one of Forbes’ World’s Best Regarded Companies and Fortune’s World’s Most Admired Companies.

About Pixelworks

Pixelworks provides industry-leading content creation, video delivery and display processing solutions and technology that enable highly authentic viewing experiences with superior visual quality, across all screens – from cinema to smartphone and beyond. The Company has a 20-year history of delivering image processing innovation to leading providers of consumer electronics, professional displays and video streaming services. Pixelworks is headquartered in San Jose, CA. For more information, please visit the company’s web site at www.pixelworks.com.

Note: Pixelworks and the Pixelworks logo are registered trademarks of Pixelworks, Inc. All other trademarks are the property of their respective owners.


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CNN’s ‘Tech for Good’ meets inspiring people who are using technology to overcome adversity

HONG KONG, Aug. 26, 2020 — In the second episode of CNN’s new series ‘Tech For Good’, anchor and correspondent Kristie Lu Stout meets five inspiring people from across the globe who are using technology to beat the odds and excel in everything from sport, to cultural preservation, to gaming.

CNN’s ‘Tech for Good’ meets inspiring people who are using technology to overcome adversity
CNN’s ‘Tech for Good’ meets inspiring people who are using technology to overcome adversity

CNN first speaks with South African surfer and swimmer Caleb Swanepoel, who was back in the water just three weeks after losing his leg in a shark attack, with the help of a state-of-the-art prosthetic limb. Designed by German company Ottobock, the prosthetic is computerized and uses sensors to mimic a natural gait – allowing Swanepoel to continue doing what he loves most, and even compete in international championships.

Wearable technology is helping British ultramarathoner Simon Wheatcroft stay on track. Faced with the challenges of mobility that came with losing his eyesight as a teenager, Wheatcroft helped to develop technology that could enable him to run without a guide. Stout learns how he uses the Wayband, a watch-like haptic device by WearWorks which sends pulses to his wrists whenever he veers off-course. He hopes the technology will enable a new level of independence for the visually-impaired community. 

Archaeologist Solsiré Cusicanqui uses technology to conduct drone surveys and 3D modelling to unearth the secrets of a pre-Hispanic civilization that prospered in the Andes Mountains in Peru. She explains to CNN how such discoveries have helped instill a sense of identity and pride in the local communities of Peru’s northern highlands, and shares how technology has empowered her as a female archaeologist.

Stout then meets Adonian Chan, a graphic and type designer with an ambition to preserve an endangered calligraphy style native to his hometown of Hong Kong. Chan is using software called Glyphs to digitize the style – called Beiwei Kaishu – into a contemporary typeface which could eventually be installed on phones and computers. He says the technology allows him to adapt this ancient writing style to the needs of modern society, preventing its extinction.

Finally, ‘Tech for Good’ catches up with Ryan Hart – also known as ‘Robotnik’ – a professional video gamer from the UK. Hart reveals that he found a community in arcades after becoming homeless when he was 18, and that he turned to competitive gaming as a form of creative expression. He has since won hundreds of events around the world, and is now considered one of Europe’s best players.

Tech for Good Episode 2 trailer: https://bit.ly/2CW4bKR 
Tech for Good Episode 2 images: https://bit.ly/2E9Rr3N 
Tech for Good microsite: https://cnn.it/2ECCs23 

Airtimes for 30-minute special:
Saturday, August 29 at 1:00pm and 6:00pm HKT
Sunday, August 30 at 10:00am HKT
Monday, August 31 at 12:00am HKT

About CNN International 

CNN’s portfolio of news and information services is available in seven different languages across all major TV, digital and mobile platforms, reaching more than 475 million households around the globe. CNN International is the number one international TV news channel according to all major media surveys across Europe, the Middle East and Africa, the Asia Pacific region, and Latin America and has a US presence that includes CNNgo. CNN Digital is a leading network for online news, mobile news and social media. CNN is at the forefront of digital innovation and continues to invest heavily in expanding its digital global footprint, with a suite of award-winning digital properties and a range of strategic content partnerships, commercialised through a strong data-driven understanding of audience behaviours. CNN has won multiple prestigious awards around the world for its journalism. Around 1,000 hours of long-form series, documentaries and specials are produced every year by CNNI’s non-news programming division. CNN has 36 editorial offices and more than 1,100 affiliates worldwide through CNN Newsource. CNN International is a WarnerMedia company.

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FICO Survey: 73% of Philippine Banks Believe AI Will Stop More Money Laundering

36 percent currently experience significant struggles modifying their existing rules-based anti-money laundering (AML) compliance system

MANILA, Philippines, Aug. 26, 2020

Highlights:

  • 73 percent of Philippine banks believe AI will stop more money laundering.
  • 95 percent of Philippine banks still believe in older rules-based technology for AML compliance, despite 36 percent saying that they experience significant struggles modifying these systems.
  • In the Philippines, 100 percent of banks said they will invest in financial crime compliance in the year ahead and 41 percent plan to significantly increase this investment in 2021.      

More information: https://www.fico.com/en/latest-thinking/executive-brief/adopting-integrated-approach-aml-compliance

A recent survey by global analytics software firm FICO has revealed that while 73 percent of Philippine banks believe AI will strengthen anti-money laundering efforts, many remain unsure how to operationalize the advanced technology.

Conversely, when asked about the efficacy of much older rules-based technology, 95 percent of Philippine banks say they still believe in the ability of these AML systems, despite 36 percent saying they experience significant struggles modifying them.

"Rules-based compliance systems continue to the be the workhorse for banks in Asia Pacific when fighting financial crime," said Timothy Choon, FICO’s Financial Crimes Leader in Asia Pacific. "However, some early adopters are starting to embrace the new world of AI and realize that the decade-old rules-based systems can’t keep up with sophisticated threats on their own.

"The secret sauce is operationalizing advanced AI technology and making it work side-by-side with the rules-based systems. In fact, 20 percent of respondents picked this as their principal obstacle in meeting financial crime risk mitigation targets."

The survey showed that the key challenges for existing AML compliance solutions regionally were: the ability to meet new types of compliance risks in channels and products; the capacity to provide an end-to-end integrated compliance solution; and the facility to update quickly to changes in regulation.

Across Asia Pacific, larger multinational banks were more likely to use a vendor solution for AML, while the use of an in-house system was more common with domestic banks.

Key drivers of financial crime strategy

One of the leading indicators driving change in financial crime strategy is customer experience. Over two-in-five respondents ranked this in their top considerations with 17 percent of Asia Pacific banks citing it as the primary factor behind their current and future approach.

"We can see that addressing the competing needs of regulatory compliance and customer experience remains a balancing act for most institutions," said Choon. "Banks are challenged by the need for more information to deal with high rates of alerts from ineffective systems, while not vexing customers with incessant due diligence questions."

Additional considerations ranked second and third by banks included, reputation damage and direct financial losses. When it came to financial crime challenges almost half of respondents cited the speed of responding to new threats, while a third believe achieving accurate detection remains a significant test.

FICO’s comprehensive compliance solution incorporates advanced machine learning techniques designed to address these challenges by significantly improving detection accuracy through patented advanced analytics models such as Soft Clustering Misalignment and Threat Score which can help financial institutions operationalize AI within their existing compliance strategies.

Investment in compliance technology

A significant majority of banks (93%) across Asia Pacific are likely to continue their technology spend on either upgrading or enhancing their compliance systems. However, in the key regional financial centres of Singapore and Hong Kong only two-thirds of respondents indicated that their banks are likely to start new investments in compliance technology, likely due to their more significant spend in this area in recent years.

In the Philippines, 100 percent of banks said they will continue to invest in compliance in the year ahead and 41 percent plan to significantly increase this investment in 2021.

Overall levels of investment in compliance technology by banks in Asia Pacific are expected to rise in 2021. 49 percent of respondents said budgets will increase, with an additional 34 percent expecting a significant increase. Interestingly, foreign banks are more inclined towards new spend compared with domestic counterparts. Indonesia, Australia, Thailand and the Philippines were the markets that said they would invest the most in 2021.

"This survey, conducted in May, shows that even in the recent economic downturn triggered by the pandemic, banks remain committed to targeted spending that boosts their AML compliance defenses," said Choon. "There is an increased willingness to perceive compliance and fraud as a common financial crime risk – a fraudster is more likely to launder money, and vice versa.

"This convergence is a global trend. Banks in the US and UK are well on their way to fully integrating their compliance and fraud functions, bringing together teams, leaders and technologies.  We believe banks in Asia Pacific are looking to these markets to see what will work, with plans to follow quickly in the next 24-36 months."

FICO’s Integrated AML Compliance Survey was produced in May 2020 using an online, quantitative poll of 256 senior executives from banks across eleven countries carried out on behalf of FICO by an independent research company. The countries and regions surveyed were Australia, Hong Kong, Indonesia, Malaysia, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam.

About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 195 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, manufacturing, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.

Learn more at www.fico.com.

Join the conversation on Twitter at @FICOnews_APAC.

FICO is a registered trademark of Fair Isaac Corporation in the US and other countries

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First Rapid Corona Antigen Test Approved for Clinical Study in Germany

The health tech company Digital Diagnostics AG from Mainz, Germany, has received approval for clinical trials from a German ethics committee and the Federal Institute for Drugs and Medical Devices (BfArM). This is a crucial regulatory step in the ongoing approval process for the Digid Cantisense™ SARS-CoV-2 test in Germany. The aim of the clinical trials is to demonstrate the reliability of the new technology in comparison with conventional PCR tests. The new test is particularly suitable for access control at airports or at large-scale event

MAINZ, Germany, Aug. 26, 2020 — In June 2020, the health technology company Digital Diagnostics AG from Mainz, applied for approval of the Digid Cantisense™ SARS-CoV-2 test for Germany at the German Federal Institute for Drugs and Medical Devices (BfArM). BfArM has now permitted the conduct of clinical trials in accordance with Section 20 (1) of the German Medical Devices Act (MPG). Meanwhile, the ethics committee of the Rheinland-Pfalz Medical Association (Landesärztekammer) has also given a positive vote.

Completion of the clinical evaluation of the Digid biosensor and the accompanying reading device is expected in October 2020. If the results meet expectations, the rapid Cantisense™ test shall be approved in short succession. Digital Diagnostics AG will then be able to launch the tests on the market in millions. The company currently develops the necessary production capacities, ready for use in time right after the approval.

The leading center to carry out the clinical trials is PFÜTZNER Science & Health Institute in Mainz, which works closely with scientists and MDs from corona test centers and clinics throughout Germany. It is planned to perform the study locally as well as in known German corona hotspots.

In the study, patients are tested in parallel with a standard PCR method and with the Digid Cantisense™ SARS-CoV-2 test. Like with all common SARS-CoV-2 determinations, medical staff takes a throat swab from the patient. The sample is analyzed directly on site with the Digid rapid test system and afterwards compared with the result of a PCR test from a reference laboratory to demonstrate the accuracy of the Digid Cantisense™ SARS-CoV-2 test. The design of the study complies with FDA and EU Commission guidelines for in-vitro measurement procedures to detect SARS-CoV-2.

One key advantage of the Digid Cantisense™ SARS-CoV-2 test is that it directly detects the presence of the virus in the sample, while other available rapid tests mostly detect antibodies. Patients only develop these antibodies if they have had an infection for several days, a time during which they were contagious and might unknowingly have infected others. With the unique combination of immediate on-site detection of the virus in tested patients, the Digid Cantisense™ SARS-CoV-2 test is particularly useful to contain the spread of the pandemic and suitable for on-site access control and rapid testing, for example at airports, in hospitals or at large-scale events.

Press contact

Thomas Huber
semanticom GmbH
+49 30 275 80 81 11
digid-pr@semanticom.eu

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DJI Drives The Future Of Commercial Drones At AirWorks 2020

New Sensors And Systems Enable Drone Solutions For The Coronavirus Era

SHENZHEN, China, Aug. 26, 2020 — DJI, the world’s leader in civilian drones and aerial imaging technology, today revealed new sensor systems and data integrations for its professional drone platforms at the fifth annual AirWorks conference, as the global coronavirus pandemic spurs massive adoption of drone technology for tasks that must now be performed remotely.

In online AirWorks sessions, industry-leading DJI customers and partners including Shell, Southern Manatee Fire & Rescue and FLIR Systems illustrated how drone technology has enabled people and businesses to be more resilient during the COVID-19 era, helping them follow new requirements for social and physical distancing while addressing the growing need for critical services like contactless inspections that drones provide.

"COVID-19 has challenged drone innovators around the world to rapidly develop and scale new ways of working, and DJI is proud to showcase some of the best ideas demonstrating how the drone industry has responded to the pandemic and how we can chart a course to even more beneficial drone uses," said Christina Zhang, Senior Director of Corporate Strategy and Communication at DJI. "This year’s virtual conference format for AirWorks allows more drone industry partners to attend sessions, exchange ideas, hear from experts and find new inspiration for how drone technology is changing everything about work."

DJI executives detailed their vison for the future of DJI’s technology and how the commercial drone ecosystem can benefit from new technical achievements. DJI drones will become optimized for integration into leading geospatial information systems (GIS) and gain new sensors that enable the creation of precise digital twin assets that precisely represent the real world. Additionally, DJI’s drone software and developer tools are becoming more robust to support advanced flight operations and industry-specific applications. Included in these key improvements are new partnerships and product features:

  • Drone-based LiDAR Sensors – DJI has been investing directly in lidar technology through its open innovation program that incubated Livox Technology Company. Livox’s new 498 grams lightweight Avia lidar sensor is compact, capable and able to be attached directly to the DJI Matrice 200 and Matrice 300 series drones to enable highly accurate 3D aerial mapping. It features long-distance detection range up to 460 meters, high-density point clouds and supports up to three returns. By bringing this affordable and scalable lidar solution to the skies, use cases will extend well beyond the architecture, engineering, and construction (AEC) industry and open new ways for public safety professionals, utility inspectors, and more to digitize their operations with the power of drone and lidar technology.
  • GIS System Integration – As the leading provider of survey-grade drone hardware, DJI announced today that we have partnered with ESRI, the global leader in location intelligence, to provide advanced enterprise solutions to our shared user-base. Through a direct integration between DJI hardware and ESRI’s Site Scan for ArcGIS, we will be advancing joint-developments of highly integrated solutions for the AEC, urban planning, public safety, and energy industries.
  • New Mission Management Platform – DJI’s FlightHub software will evolve from a fleet and pilot management tool into a comprehensive mission management platform centered around flight operations. With the new system, drones will deliver live data on top of an enhanced reality model for better coordination between field operators and command centers.
  • New Developer Tools – With 20,000 active developers and more than 1,000 published apps compatible with DJI drones, DJI announced improvements to its software development kit (SDK) tools that will enable third-party developers to create industry-specific applications, providing more access to DJI’s resources, and exploring and testing new cooperation methods. DJI’s new UX SDK changes the way developers and enterprises interact with DJI’s software and gives them more control over their DJI drone fleet – enabling them to meet stringent security requirements and ship unique, integrated software that meets the most demanding enterprise requirements.

Throughout the conference, leading DJI partners and customers will highlight their unique approaches to integrating and innovating drone technology to help organizations save time and money and improve worker safety.

  • FLIR Systems introduced the FLIR Vue® TZ20, the industry’s first dual-thermal payload for small UAS platforms. Developed on DJI’s Payload SDK, the Vue TZ20 is compatible with the DJI Matrice 200 and Matrice 300 series drones and features a wide 95-degree, and narrow 18-degree field of view FLIR Boson® sensor, allowing drone pilots to better maintain full situational awareness while keeping focused on their objective.
  • Shell Deer Park has become a DJI Solution Development Partner and showcased how DJI drones are used at the Shell Deer Park Manufacturing Complex for mission critical inspections of flare stacks, external floating roof tanks, and response to emergency operations.
  • Southern Manatee Fire & Rescue demonstrated its leadership in the fire service community to keep emergency responders safe during hazardous materials incident response using DJI’s Matrice 300 drone technology.

About AirWorks

AirWorks is the premier venue for exchanging ideas, learning about the latest developments in commercial drone technology, and steering the future development of the industry. It draws attendees from a diverse set of backgrounds who are using drones every day within the agriculture, construction, energy, infrastructure and public safety industries for engaging presentations, workshops, training sessions and networking opportunities. In addition to industry-specific sessions, attendees will hear from prominent leaders in the drone industry during lively panel discussions dedicated to current and future industry trends and drone regulations. The complete AirWorks agenda and more information about the conference can be found at www.djiairworks.us.

For additional information, please contact:
pr@dji.com

About DJI

DJI, the world’s leader in civilian drones and aerial imaging technology, 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 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

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Infortrend Provides Chinese Radio and TV Broadcasting Station with Storage Solution for NLE and Media Library

TAIPEI, Aug. 25, 2020 — Infortrend® Technology, Inc. (TWSE: 2495), the industry-leading enterprise storage provider, enabled Chinese radio and TV broadcasting station with a reliable and high throughput EonStor GS storage solution for their non-linear editing (NLE) workflows and media asset management (MAM) system.

This Chinese radio and TV broadcasting station has been developing in line with the cultural reform by seamlessly combining traditional media with emerging media trends. As a result, the growing data volume and daily media workloads needed a modernized high throughput storage solution compatible with the already existing sophisticated hardware and software IT infrastructure. The station planned to deploy an easy-to-use storage with data protection functions. It was required to provide a foundation for media resource management and realization of the content ingestion, editing, and storage for release of radio and TV programs and further content archiving.

Infortrend’s EonStor GS 2000 with JB3000 expansion enclosure was chosen as it perfectly conformed to the project objectives. It can deliver up to 5.5GB/s throughput to handle workflow from 10 HD editing workstations through 10GbE. With such bandwidth, GS ensures that NLE workflows, e.g. editing, color correction, audio adjusting and subtitling, are smoothly and concurrently performed for on-time high quality program production. 100TB of usable space and smooth integration with the MAM-system allowed for unified and centralized management of all the media in the station. Data protection measures, such as RAID6 disk protection, snapshots, remote replication, and cloud backup, secure integrity of media content. Importantly, the user-friendly management software EonOne allows non-IT employees to easily set up and manage the system. For future development in 4K and 8K content production, maximum storage capacity can be expanded to more than 10PB.

Learn more about EonStor GS

About Infortrend

Infortrend (TWSE: 2495) has been developing and manufacturing storage solutions since 1993. With a strong emphasis on in-house design, testing, and manufacturing, Infortrend storage delivers performance and scalability with the latest standards, user friendly data services, personal after-sales support, and unrivaled value. For more information, please visit www.infortrend.com

Infortrend® and EonStor® are trademarks or registered trademarks of Infortrend Technology, Inc.; other trademarks are the property of their respective owners.

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Private Trade Finance Firm, USEC, Issues Limited Private Placement Offering to Expand Trade Operations


GENEVA, Switzerland, Aug. 25, 2020Geneva based international investment firm, United Securities Equity Corp (USEC)  has recently issued a new limited private placement offering in order to further strengthen its investment portfolio and stimulate trade activity in light of the widespread slowdown due to the corona virus pandemic.  USEC provides a specialized range of trade finance solutions to businesses across the globe.  This offering moves USEC closer to its goal of expanding their trade finance operations, potentially valued at $850M USD.

 

 

With the support and guidance of the ICC (International Chamber of Commerce), USEC positions itself as a unique conduit to trade finance and investment opportunities for companies during this period of economic uncertainty. The ICC wishes to effectively alleviate some of the key disruptions caused by the novel coronavirus (COVID-19) pandemic.

In its April 6th 2020 memo the ICC is "calling on governments and central banks to immediately void the legal requirement for paper-based documentation, and to adopt the UNCITRAL Model Law on Electronic Transferable Records."  ICC’s Secretary-General John W.H. Denton AO further clarified that, "The trade finance market is systemically important to the functioning of the global economy."

To this end, USEC is working diligently to fulfill the ICC’s objective, by offering its services to businesses in search of non-traditional funding in the goal of helping with a speedy global economic recovery.  "As the global economy gradually recovers and opens for business again, trade companies may meet with funding constraints and require assistance to transact effectively," said Edgar Burke, USEC Chief Investment Officer.

USEC has enlisted the services of international advisory firm Mainsail Capmarkets who will operate in the capacity of Exclusive Distributor for the Private Placement.

United Securities Equity Corp (USEC) is a Geneva based international investment firm, providing businesses across the globe with a specialized range of trade and finance solutions.

If you would like more information about this topic, please contact Media Relations, Nelson Abraham, at +41 22 531 0013 or email media@usecinvest.com.

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COOCAA and Clip TV to Bring Big Innovation and Big Star Power to Sept. 3 Product Launch featuring JustaTee

HO CHI MINH CITY, Vietnam, Aug. 25, 2020 — Recently, smart television brand COOCAA announced a new strategic partnership with Clip TV, one of Vietnam’s largest video streaming platforms. On September 3 at 8:00PM (GMT +7), the two companies will co-host a product launch to celebrate the debut of their first co-branded product in Vietnam, which will feature Vietnamese hip-hop star JustaTee! This new line of smart televisions will also come with a free lifetime membership to Clip TV and a 3-year warranty!

COOCAA and Clip TV Announce New Strategic Partnership & Co-Branded Smart TV Package
COOCAA and Clip TV Announce New Strategic Partnership & Co-Branded Smart TV Package

About COOCAA:

  • COOCAA is a subsidiary of SKYWORTH, which has 31 years of experience in the home electronics industry. Its strong manufacturing infrastructure ensures that COOCAA televisions are of the highest quality.
  • COOCAA entered the Vietnamese market in 2016, and since then, it has consistently ranked among the top 3 home electronics merchants in sales volume on Lazada Vietnam.
  • For three consecutive years, COOCAA has been a joint business partner of Lazada. Through its cutting-edge technology, reliable products, outstanding after-sales service, and affordable prices, COOCAA continues to win over more and more families.

This new line of 40-65 inch Android smart televisions features three key innovations:

  1. The large-screen AIoT television can serve as the base for a smart home ecosystem.
  2. Android TV OS supports voice control and one-touch access to an endless selection of video content.
  3. A free Clip TV membership for the whole family to enjoy

The standard monthly subscription fee for a Clip TV account is VND 50,000; as the average life of a television is 6 years, users can save VND 3,600,000, meaning the television essentially pays for itself.

In the product launch on September 3, JustaTee will perform "Verse", a new song specially written to celebrate the partnership between Clip TV and COOCAA. "Verse" will make its official radio debut on September 27, but before then, JustaTee will announce a new TikTok challenge, and the fan who makes the most impressive video will have the chance to battle JustaTee on stage!

On September 4, starting at 00:00 (GMT +7), a limited supply of 1,000 COOCAA and Clip TV co-branded smart TVs will be available for purchase at a special discounted price on Lazada! More information is available at https://bit.ly/3hpjP0e

Photo – https://photos.prnasia.com/prnh/20200825/2895304-1?lang=0

Megvii partners with Storefriendly to deploy AI-powered unmanned warehouse storage solution in Singapore

Solution improves space utilization to 75%, more than three times that of traditional warehouses

BEIJING, Aug. 25, 2020 — Megvii Technology Limited has partnered with self-service storage operator Storefriendly to deploy an unmanned warehouse storage solution in Singapore. The solution leverages Megvii’s proprietary technology and smart logistics capabilities to provide more convenient, secure, and reliable self-storage services to customers. It is designed to optimize warehouse and storage space utilization, particularly amid growing demand for flexible storage options in densely populated communities and commercial hubs.

In operation for over a year, Storefriendly’s unmanned warehouse storage solution has been tested and proven to be effective. It is powered by Megvii’s smart logistics platform HETU, facial authentication solution FaceID, logistics robots, and e-lock capabilities. Megvii customized and deployed a cloud-based system for Storefriendly that allows storage managers to effectively oversee various warehouse processes, including real-time optimal path planning for logistics robots, inventory retrieval, and resource allocation. The solution also encompasses automatic user authentication and access control powered by FaceID, and real-time alerts for various emergencies that could occur in a warehouse setting, including security breaches, thefts, or fires. As a result, Storefriendly has been able to achieve a space utilization rate of 75%, more than three times that of traditional warehouses, with only 20% of the original labor expenditure.

"We are excited to help Storefriendly deploy a warehouse storage solution that leverages the power of smart logistics to strengthen operational efficiency and further enhance the customer experience," said Xu Qingcai, General Manager of Megvii Logistic Business Group. "This partnership underscores how our technology can solve tangible real-life problems and pain points encountered by businesses across the globe."

Marco Yip, Head of Sales and Marketing at Storefriendly, said, "This new 24/7 unmanned warehouse storage solution has played a pivotal role in optimizing cost, streamlining operational processes, and efficiently allocating resources across our warehouses. Leveraging Megvii’s proprietary technologies and capabilities, we will continue to focus on serving our customers across Singapore and providing them with an array of flexible, convenient storage options."

About Megvii

Established in 2011, Megvii is a world-class AI company with a core competency in deep learning. Leveraging its proprietary AI productivity platform Brain++, Megvii focuses on three key verticals: Personal IoT, City IoT, and Supply Chain IoT.

Related Links :

https://www.megvii.com/