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PR Newswire

Algorand Selected For Official Chess Ratings As FIDE Online Arena Launches First Ever Digital Games

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World Chess leverages Algorand to remove friction in new era of decentralized and transparent gaming; expands access to players globally

BOSTON, June 18, 2020 — Algorand, a world-class blockchain powering secure and efficient frictionless exchange, today announced official ratings and titles data from World Chess players will be recorded on Algorand’s decentralized blockchain network in real-time, bringing reliability and transparency to the rating system of digital chess.

Coming on the launch of digital chess games by FIDE Online Arena, millions of chess ratings from players all around the world will be recorded on the Algorand blockchain for the first time ever, and universally accessible to all other chess platforms and media sites, making this a momentous event for both the digital chess and blockchain communities.

Algorand’s open, public blockchain brings full transparency and automation to the digital chess ecosystem. As player ratings will be verified on the blockchain, results reporting will be reliable and secure from fraudulent activity. With the Algorand protocol removing friction from the existing model, millions of global chess players will have access to transparent reporting to one of the world’s most popular games. Algorand’s public ledger provides enterprise-grade scalability to accommodate digital chess organizations’ need to verify ratings for the hundreds of millions of chess players globally. The combination of transparency, security and scalability make Algorand the preferred platform for reliable and transparent reporting in the digital gaming ecosystem.

“We are beyond thrilled to partner with FIDE Online Arena and World Chess to bring digital chess ratings onto the Algorand blockchain for the first time,” said Sean Ford, COO of Algorand. “This historic moment brings the blockchain community one step closer to mainstream adoption, as a widely popular competitive game like chess leverages distributed ledger technology to serve as the official record for trust of millions of online chess players and fans.” 

Six months after World Chess, the designer of the online chess experience and the company that organized the 2016 and 2018 Championship matches, announced a hybrid IPO on Algorand, World Chess is leveraging the Algorand blockchain to further develop inclusive and modern gaming opportunities for millions of chess players around the world, including rewards and incentives for the chess community, internal currency and blockchain-based live betting.

“It’s exciting to continue bringing innovation to chess,” said Ilya Merenzon, CEO of World Сhess.  “The advent of digital games on the internet made chess more popular than before, and now we can’t wait to further explore blockchain innovation for digital chess.”

World Chess will be hosting a virtual game on June 17 where renowned player Sergey Karjakin and Turing Award-winning cryptographer and Algorand Founder, Silvio Micali will face off in a match. Viewers will be able to witness the first-ever recorded digital chess ratings on the blockchain. To view this historic event please visit: www.worldchess.com.

About Algorand Inc.
Algorand Inc. built the world’s first open source, permissionless, pure proof-of-stake blockchain protocol for the next generation of financial products. This blockchain, the Algorand protocol, is the brainchild of Turing Award-winning cryptographer Silvio Micali. A technology company dedicated to removing friction from financial exchange, Algorand Inc. is powering the DeFi evolution by enabling the creation and exchange of value, building new financial tools and services, bringing assets on-chain and providing responsible privacy models. For more information, visit https://www.algorand.com/

About FIDE Online Arena
FIDE Online Arena – the official online chess platform which awards official online ratings and titles. It hosts rated tournaments and games 24 hours per day. The platform’s fairplay is supported by advanced FIDE-approved anti cheating software. The platform was launched in June 2020. https://arena.myfide.net/.

About FIDE
The International Chess Federation or Fédération Internationale des Echecs (FIDE), is recognized by its members and the International Olympic Committee as the international federation in the domain of chess, the supreme body responsible for the sport of chess and its Championships. FIDE has the sole rights to organize the World Chess Championships and the Chess Olympiads. www.fide.com

About World Chess
World Chess is a London-based media company. It’s official broadcaster of the World Chess Federation events and a commercial partner of the World Chess Federation (FIDE). World Chess organized the World Championship Matches in Russia, USA, and the UK. It revolutionized chess by signing the biggest media partnerships in the history of chess. World Chess is also developing Armageddon, the chess league designed for television. It operates worldchess.com.

Contact:
Anastasia Golovina
anastasia@dittopr.co   

Related Links :

https://www.algorand.com

PR Newswire

Ribbon Enhances Analytics Portfolio with Advanced VoLTE and 5G-Ready Service Assurance Capabilities

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New release provides enhanced intelligent network management, security and service troubleshooting with actionable insights; reducing overall costs while improving the customer experience

WESTFORD, Massachusetts, June 18, 2020 — Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and network solutions to service providers, enterprises, and critical infrastructure sectors, today announced the general availability of the latest release of its market-proven Analytics portfolio. Ribbon’s enhanced Analytics portfolio is specifically designed to help mobile network operators and service providers deliver advanced voice service quality insights down to the application, subscriber, device, and service level over their VoLTE networks. The Ribbon Analytics portfolio is based on the latest in cloud-based technology that easily scales vertically and horizontally to deliver numerous out of the box capabilities to address critical VoLTE network and service related problems.

As mobile providers begin to deploy 5G network data services, they are still heavily reliant on VoLTE/IMS-based architectures to support voice services. Ribbon’s Analytics portfolio enables advanced support for VoLTE networks and subscriber service assurance to help service providers monitor and isolate voice and rich communications services issues as they build out their 5G networks.

The Ribbon Analytics portfolio also delivers advanced real time communications security enforcement capabilities to support on-demand mitigation of fraud and nuisance calling at the edge of the network.  Service providers can now apply security mitigation policies to an entire network or to specified devices at any time. They can also easily apply network-wide policies, such as access control list rules before any security incidents have been raised. 

"Today’s communications networks are extremely large and complex and will become even more so with the increased adoption and deployment of new 5G and IoT services," said Charlotte Patrick, Senior Industry Analyst and Founder of Charlotte Patrick Consult. "This will not only necessitate that service providers have the advanced analytics toolsets required to reduce operational costs and network complexities while improving the customer experience, but they must also leverage intelligent service assurance capabilities that allow them to quickly identify, isolate, diagnose and proactively resolve network issues before they escalate."

"Our customers are faced with numerous network operational challenges including service complexity, security threats, and rising costs," said Tony Scarfo, Executive Vice President and General Manager, Cloud and Edge Business Unit at Ribbon. "The Ribbon Analytics portfolio underpins and addresses these issues by leveraging a single pane of glass for one unified view of the network. More importantly, it is designed to help our customers better understand their end-user customers and model their network and services to better support and protect them."

Ribbon Analytics Benefits:

  • Provides a 360-degree view and understanding of real time communications usage enabling service providers to extract greater value for end-users, their services and their networks.
  • Enables service providers and businesses to expedite troubleshooting, intelligently manage their networks, and deliver advanced insights reducing operational expenditures while improving the overall subscriber experience.
  • Delivers actionable insights to quickly detect and mitigate security threats.
  • Enables operators to seamlessly deploy new and growing technologies such as 5G.
  • Provides expanded real time communications security policy enforcement towards the network edge.
  • Offers extended monitoring and security enforcement applications support for fixed network transformation deployments.

For more information on Ribbon’s VoLTE Service Assurance offering click here.

About Ribbon
Ribbon Communications (Nasdaq: RBBN), which recently merged with ECI Telecom Group, delivers global communications software and network solutions to service providers, enterprises and critical infrastructure sectors. We engage deeply with our customers, helping them modernize their networks for improved competitive positioning and business outcomes in today’s smart, always-on and data-hungry world. Our innovative, end-to-end solutions portfolio delivers unparalleled scale, performance, and agility, including core to edge IP solutions, UCaaS/ CPaaS cloud offers, leading-edge software security and analytics tools, as well as packet and optical networking leveraging ECI’s Elastic Network technology.  To learn more about Ribbon visit rbbn.com and for more information about our packet and optical networking portfolio visit ecitele.com.

Important Information Regarding Forward-Looking Statements  
The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties, including statements regarding enhancing Ribbon’s Analytics portfolio with advanced VoLTE service assurance and new security capabilities for the edge. All statements other than statements of historical facts contained in this release are forward-looking statements. The actual results of Ribbon Communications may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications’ business, please refer to the "Risk Factors" section of Ribbon Communications’ most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications’ views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications’ views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.

Investor Relations

APAC, CALA & EMEA Press

Monica Gould

Catherine Berthier

+1 (212) 871-3927

+1 (646) 741-1974

IR@rbbn.com        

cberthier@rbbn.com 

North American Press                  

Analyst Relations

Dennis Watson

Michael Cooper

+1 (214) 695-2224

+1 (708) 383-3387

dwatson@rbbn.com 

mcooper@rbbn.com

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Related Links :

http://www.ribboncomm.com

PR Newswire

Herta Awarded the Highly Competitive “COVID-19 Response Seal of Excellence” From the European Commission

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BARCELONA, Spain, June 18, 2020 /PRNewswire/ — In May 2020, Herta was awarded with the COVID-19 Seal of Excellence certificate delivered by the European Commission (EC) for the project AWARE.

Seal Of Excellence Herta
Seal Of Excellence Herta

AWARE was sent for evaluation to the European Innovation Council (EIC) Accelerator Pilot. As stated by the EC, the EIC Accelerator Pilot offers Europe’s brightest and boldest entrepreneurs the chance to step forward and request funding for breakthrough ideas with the potential to create entirely new markets or revolutionize existing ones. Highly innovative SMEs with a clear commercial ambition and a potential for high growth and internationalization are the prime target. The 20th of March 2020, the EC made an urgent call through the EIC Accelerator Pilot for technologies and innovations that could help in treating, testing, monitoring or other aspects of the Coronavirus outbreak.

The COVID-19 Seal of Excellence is a highly competitive quality label awarded to project proposals which were evaluated to have a high excellence and impact to deserve funding in this special call, but did not receive it due to current EC’s budgetary constraints.

AWARE proposes a hybrid edge and distributed solution for advanced video analytics, including real-time face recognition and crowd behaviour analysis. Part of the computing pipeline is executed on-premise, on low-power and small-size edge stations using Deep Neural Network accelerator hardware. This allows saving costs and increasing system’s scalability, efficiency and ease-of-installation. HERTA’s cutting-edge algorithms, which are able to identify people even when wearing masks and monitor crowd density, are integrated in the solution. The automatic control of social distancing and the identification of persons in access controls without the need of removing masks become vitally important to control the spread of COVID-19, and are Herta’s main focus to fight against the pandemic.

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PR Newswire

Signals Analytics Lauded by Frost & Sullivan for Enabling Transformative Business Decisions with its Novel Analytical Platform

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Signals Analytics’ platform can harmonize varied data sources in an automated, configurable manner to derive deep contextual insights

SANTA CLARA, Calif., June 17, 2020 /PRNewswire/ — Based on its recent analysis of the North American health analytics market, Frost & Sullivan recognizes New York-headquartered Signals Analytics with the 2020 North America Enabling Technology Leadership Award for its novel analytical platform that can harmonize varied data sources in an automated, configurable manner to derive deep contextual insights using natural language processing (NLP) core technology. The platform can be applied in various life sciences, pharmaceuticals, and consumer care industries to help drive data-driven business decisioning and successful business outcomes. It addresses key unmet industry needs for connecting and analyzing vast, unstructured data to extract meaningful insights that can be applied in real-world scenarios, including the current COVID-19 pandemic. To access the full award report, click here.

Signals Analytics
Signals Analytics

“Unlike competitors that offer analytics that require data collection and customization, Signals Analytics delivers a configurable data platform that has already ingested more than 13,000 different data sources. It includes curated taxonomies and more than 100 analytic models, all of which can be adapted to the needs of the business,” said Vandana Iyer, Industry Manager. “The company employs a rich NLP core to facilitate contextual research insights that can drive critical business decisions in a more timely and accurate manner. In the pharmaceutical arena, some of the data sources that are harmonized for analysis include clinical trial data, research publications, patents, company profiles, products, and financials; in the consumer goods space the data sources also including e-commerce product listings and reviews, social media, Key Opinion Leaders and more.”

Signals Analytics leverages the power of lexico-syntactic and semantic extraction modeling, deep learning, swarm intelligence, synthetic control frameworks, and neural networking concepts, which enable deep and broad coverage of otherwise disconnected data sources. Furthermore, it can efficiently cut the noise from the data repertoire to extract actionable intelligence.

The company has also created a COVID-19 Playbook to help pharmaceutical companies, biotechs, and public health agencies extract key insights to accelerate drug and vaccine development and repurpose existing drugs to combat the virus. All of the insights generated by the platform can be updated by expanding data sources to include more information and obtain insights pertaining to the progress of the clinical trials.

“Signals Analytics has been serving many large pharma companies with its advanced analytics platform and has received a further boost by its association with renowned consumer brands such as Nomad Foods and partners such as Informa and Nielsen,” noted Iyer. “Frost & Sullivan applauds Signals Analytics’ remarkable business growth and commends its ability to enable transformative business decisions for its rapidly growing client base.”

Each year, Frost & Sullivan presents this award to a company that has developed a pioneering technology that not only enhances current products, but also enables the development of new products and applications. The award recognizes the high market acceptance potential of the recipient’s technology.

“We are honored to receive the Enabling Technology Leadership Award for Healthcare Analytics, and thank the Frost & Sullivan analyst team for recognizing our position in the market as drivers of digital transformation and impact when it comes to the way businesses leverage big data,” said Gil Sadeh, Co-Founder and CEO of Signals Analytics.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become 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:

Lindsey Whitaker
P: 210.477.8457
E: lindsey.whitaker@frost.com

About Signals Analytics

With next-generation advanced analytics, Signals Analytics powers the future of market intelligence with the scale and speed of AI. The configurable data platform connects and classifies countless rich, external sources into unified contextual data, and augments analytic applications with unparalleled accuracy and scale. Patented machine learning, NLP and data automation technologies leapfrog traditional approaches of data collection and management to help organizations maximize the impact of advanced analytics and harness the power of external data to drive successful business outcomes. Business users, consumer and market insights teams and data & analytics organizations leverage the platform to surface powerful trends and predictive insights and benefit from business-ready applications and integrations of the data into their business intelligence environments. Trusted by an impressive roster of global brands including Procter & Gamble, Nestle, Johnson & Johnson, Bayer, Roche, Mars and others who experience higher sustainable growth, faster time to insight and other data-driven benefits, Signals Analytics is redefining the world of market intelligence. For more information visit www.signals-analytics.com

Contact:

Chris Thatcher
P: 646-430-5161
E: cthatcher@5wpr.com

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PR Newswire

Value Xd Changes the Face of Impact Investing With the Launch of Value Xd Impact Platform

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Firm has created the first analytical ecosystem for sustainable impact investment 

EXETER, England, June 15, 2020 /PRNewswire/ — Value Xd, the cutting edge and unique cloud-based analytics platform with analytical technology that reinterprets and covers the entire value chain, has today announced the launch of Value Xd Impact – the world’s first analytical ecosystem for sustainable impact investing at the Responsible Investor Digital Festival. 

Armen Papazian, Founder and Chief Executive, Value Xd
Armen Papazian, Founder and Chief Executive, Value Xd

Dr Armen Papazian, Founder and Chief Executive, Value Xd: “Since the Paris Climate Agreement in 2016 and the conception of the UN Sustainable Development Goals investors have been tasked with aligning their investments with these new targets and objectives. As such, they need flexible and efficient platforms to achieve this, which is why we developed a private analytical ecosystem dedicated to impact investing. The time is now to try and stem the effects of climate change for future generations, and Value Xd Impact can play an integral role.” 

This groundbreaking platform provides investors with unique modules that create the ability to design their impact responsibly. Value Xd Impact reinterprets the analytical value chain, allowing investors to transfer their ESG and sustainability values to analytical tools in order to maximise their impact and help them deliver on their responsibilities. By doing so, it creates greater efficiency, transparency and effectiveness for investors. 

Data is the raw material in all analytical projects; equations and algorithms are the analytical actions that are applied to data, with the outputs then used to make decisions in business and finance. However, in the most commonly used analytics software, equations sit behind the raw material, creating a fundamental architectural issue. Value Xd’s platforms are game changers because the equations sit above and in front of the raw material, as universal abstract tools that can be applied and shared globally at any time. Furthermore, equations on the Value Xd platform are always written in mathematical language, and not coder invented abbreviations. Value Xd Impact breaks the boundaries of responsible, sustainable impact investing and takes it to the next level. 

Alex Grigoryan, Founder and Chief Technology Officer, Value Xd: “The technology we have developed is unique and unparalleled. Through innovative coding work, we transformed many of the elements of analytical modelling and presentation, introducing flow and efficiency where there was only tediousness, providing a unique user experience that makes analytics more effective.” 

Value Xd Impact also provides the user a diverse set of pre-designed and pre-assembled tools. These are offered through the Add-On library which is a living library of downloadable and applicable models serving a specific analytical purpose. These Add-Ons cover a wide variety of topics and fields, relevant to investors and their investee companies, including conventional and commonly used tools along with other new and more holistic ones, such as space value optimisation and other emissions calculators and projectors. 

Papazian concludes: “The Covid-19 pandemic has triggered an intense stage in the already ongoing process of digital transformation. What makes this phase very special is that this digital deepening is accompanied by a change of mantra, forcing a radical change in philosophy and approach. From a world that was often driven to compete, we now find ourselves in a world keen to collaborate. 

“Indeed, this change of attitude was a critical requirement for our global response to climate change. In this new chapter, technology has become a central conduit of trust, and a cornerstone for value creation, sharing and exchange. Value Xd Impact is designed as an analytical ecosystem for sustainable impact investing, a universe that facilitates and enhances the creation and sharing of analytical intelligence on a global scale.” 

Click here for a virtual tour of Value Xd Impact 

About Value Xd:

Value Xd Ltd is a UK HQ-ed and registered cloud-based analytics platform provider. Value Xd was recently listed as one of the Top 33 Tech Start-ups in the UK by Tech Nation and was ranked 14th in the South West Tech Innovation rankings by Business Cloud.

https://valuexd.com/

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PR Newswire

Miaozhen Systems Announces Its Focus on Omni Measurement & Business Intelligence

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BEIJING, June 12, 2020 /PRNewswire/ — China’s leading omni measurement and business intelligence analytics solutions provider Miaozhen Systems, a part of Mininglamp Technology Group, has unveiled its rebranding. The change includes an expanded range of products and services, with a new positioning of omni measurement and business intelligence analytics, as well as an updated visual language.

Miaozhen Systems was established in 2006 by Minghui Wu, serial entrepreneur and Mininglamp Technology Group’s founder, chairman, and CEO. Since its founding, Miaozhen Systems has been committed to helping enterprises accurately measure and optimize their marketing effectiveness. It has also been instrumental in increasing transparency in the China digital marketing industry. 

Miaozhen Systems’ rebranding marks an expanded focus on omni measurement and business intelligence instead of its historical focus on ad and marketing measurement. Miaozhen Systems will be able to use omni measurement to analyze every touch point between business and consumer across multiple platforms and media types, and harness Mininglamp Technology Group’s AI capabilities to mine big data for business intelligence. With these technologies, Miaozhen Systems will be able to help enterprises make optimized, customer-centric business decisions and stay ahead of the curve. 

After rebranding, Miaozhen Systems will have two major service unites:

Omni-marketing Intelligence (OMI): Miaozhen Systems’ service unit focused on omni-measurement and marketing optimization. Uses big data and AI technology to provide businesses with digital measurement, evaluation, and optimization solutions for advertising, marketing, and business. Helps enterprises make decisions based on real & accurate data and empowers high-speed growth.

Business Intelligence & Analytics (BIA): Miaozhen Systems’ service unit focusing on business intelligence and analytics. Provides BIA services using big data and AI technology and based on real-time, accurate, comprehensive ad, social, and e-commerce data. Helps enterprises predict trends in the market, optimize business decisions, and achieve commercial value.

Miaozhen Systems’ new brand positioning is also reflected in its new visual identity. The concentric radiating circles and markings suggest its focus on broader measurement and deeper analytics. They also bring to mind a rotating engine, symbolizing continuous empowerment of its clients to create commercial value.

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PR Newswire

FICO Survey: Philippine Consumers more Comfortable Opening Bank Accounts with Smartphones than Americans and British

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26 percent of Filipinos prefer to open a bank account on their phone compared to 18 percent in the US and 25 percent in the UK

MANILA, Philippines, June 12, 2020 /PRNewswire/ —

Do Identity Checks by Philippine Banks Turn Away Customers?
Do Identity Checks by Philippine Banks Turn Away Customers?

Highlights:

  • The FICO Consumer Digital Banking Survey examines the preferences Filipino consumers have with digital bank account opening
  • The study found 26 percent of Filipinos prefer to open a bank account on their phone compared to 18 percent in the US and 25 percent in the UK
  • 76 percent of Filipino consumers said they would open a financial account online
  • Identity verification with too much friction could cost organizations over 40 percent of new account openings

More information: https://www.fico.com/identity

FICO, a global analytics software firm, has released its Consumer Digital Banking Survey which found Philippine consumers are more comfortable opening bank accounts on their smartphones than consumers in the US and the UK.

The study showed that 26 percent of Filipinos prefer to open a bank account on their phone, compared to 18 percent in the US and 25 percent in the UK.

“Filipino consumers are digital natives,” said Subhashish Bose, FICO’s lead for fraud, security and compliance in Asia Pacific. “Around 40 percent of Filipinos have a smartphone and according to a recent study they rank in the top 10 mobile internet users globally, spending an average of 4.58 hours a day on their phones.”

The study showed that digital account opening is rapidly becoming the norm in the Philippines, with 76 percent of consumers saying they would open some kind of financial account online.

Of those that would open a financial account online, 40 percent would consider doing so for an everyday transaction account, 38 percent for a credit card and 33 percent for a personal loan.

Bucking expectations, it was older consumers in the Philippines who were more likely to be leading the digital push with the youngest Filipinos being the laggards.

  • 46 percent of those over 55 years of age said they would open a bank account online
  • 40 to 45 percent of 25-34, 35-44 and 45-54 year-olds said they would do the same
  • While just 28 percent of 18-24-year-olds would open a bank account online

“The truth in the numbers here is far more nuanced,” explained Bose. “Younger Filipinos are adept at using smartphones and computers, however, many do not have the required identification forms to open bank accounts at a young age, don’t have regular income or are presented with bank account options that are not appealing. For example, many bank accounts in the Philippines require a minimum balance to avoid monthly account-keeping fees.

“As consumers’ reliance on online services grows in response to COVID-19, we expect further shifts in adoption and indeed an acceleration and acceptance in opening bank accounts digitally. It is important that banks closely examine any points of friction in their application process to ensure consumers are not abandoning a process or switching to a competitor,” said Bose.

Filipinos expect account opening to be fully digital

The survey found that a large percentage of Filipinos had an expectation that they should be able to complete all aspects of account opening online or on their phone.

Out of the regular identity checks needed to open an account, 67 percent of Filipinos thought they should be able to prove their identity by scanning documents or providing a selfie, 47 percent expected to prove where they live without going offline and 45 percent said they should be able to set up a biometric such as a fingerprint scan at account opening.

If all actions required to complete an account opening cannot be accomplished in-session, only 41 percent of respondents said they would carry out the necessary offline actions as soon as possible.

Around 33 percent thought they would eventually complete offline actions such as taking a phone call, posting documents, or visiting a branch. A further 13 percent said they would try a competitor while 5 percent said they would give up completely. Overall findings demonstrated that financial institutions in the Philippines that don’t facilitate a completely digital account opening experience could lose over 40 percent of their new business.

“There is research to show that only 6 to 9 percent of applicants move through the funnel and complete the process,” said Bose. “Banking executives should review the application completion for authenticated versus non-authenticated applications, as well as how many applicants with saved or abandoned applications return to complete the process.”

FICO’s Consumer Digital Banking Survey was produced using an online, quantitative poll of 5,000 adults (over 18) across 10 countries carried out on behalf of FICO by an independent research company. The countries surveyed were: Brazil, Canada, Germany, Malaysia, Mexico, Philippines, Sweden, UK and the USA.

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.

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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PR Newswire

NS8 Raises $123 Million Series A, Now Among Fastest Growing Fraud Prevention Platforms in the World

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Latest Raise Led by Lightspeed Venture Partners and AXA Venture Partners

LAS VEGAS, June 12, 2020 /PRNewswire/ — NS8, an online fraud prevention company, announced the company has successfully closed $123 million in venture funding led by Lightspeed Venture Partners and AXA Venture Partners (AVP).

With this investment, NS8 will accelerate product development and expand its global reach with an increased focus on growing its vast partner network. The company has grown from 50 to over 200 employees within the last year, and hiring continues across sales, engineering, marketing, and infrastructure.

Lightspeed’s investment provides NS8 with access to the firm’s expansive global network, as well as a team of operators and advisors to help navigate challenges, build world-class teams, and support the company’s continued growth at all stages. 

“Online fraud prevention has grown rapidly due to the acceleration of ecommerce adoption by merchants and, with it, an increased threat of those seeking to attack online stores. Merchants of all sizes need to invest in security products to ensure a safe and secure online experience,” said Bradley Twohig, Partner at Lightspeed Venture Partners. “NS8’s platform allows its partners and their merchants to stand up a full-service fraud prevention hub, in a matter of a day, across almost every ecommerce platform. The time to value is simply best in class.”

AVP has significant experience helping scale companies that leverage differentiated technology and efficient business models to drive innovation in enterprise software, fintech, consumer and digital health. With offices in North America, Europe, and Asia, AVP can also help NS8 accelerate its global expansion.

“NS8 has built a market-leading fraud detection and prevention platform combining advanced data analytics with real-time scoring. NS8’s rapid growth is a testament to the strength of the company’s product and the value NS8 delivers to its customers,” said Alex Scherbakovsky, General Partner at AXA Venture Partners and NS8 board member. “We are excited to partner with Adam and the NS8 team to scale the business globally.”

Throughout the recent global pandemic, NS8 continues to emerge as the fastest growing industry leader, with year-over-year revenue growth of 200 percent and a dedicated focus on aiding online vendors to make fraud decisions that protect their customers and their bottom line.

“Thanks to this investment from Lightspeed, AXA Venture Partners, and our full backing group, we can continue to scale to meet the growing demand for fraud prevention technology in the global marketplace,” said NS8 CEO Adam Rogas. “This partnership positions NS8 to empower even more businesses with enterprise-level fraud defenses, regardless of size or industry.”

About NS8
NS8 is a comprehensive fraud prevention platform that combines behavioral analytics, real-time scoring, and global monitoring to help online businesses minimize risk. Its patented scoring technology provides actionable data about the type, quality, and trustworthiness of transactions, which businesses leverage to automate fraud management workflows to suit their individual needs. NS8 is headquartered in Las Vegas, with regional offices located in San Francisco, San Ramon, Miami, Amsterdam, Singapore, and Melbourne. www.ns8.com

Crowell & Moring LLP served as legal counsel to NS8 in the fundraising transaction.

About Lightspeed Venture Partners
Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the Enterprise and Consumer sectors. Over the past two decades, the Lightspeed team has backed hundreds of entrepreneurs and helped build more than 400 companies globally, including Snap, Nest, Nutanix, AppDynamics, MuleSoft, OYO, Guardant, StitchFix, and GrubHub. Lightspeed and its affiliates currently manage $10.5B across the global Lightspeed platform, with investment professionals and advisors in Silicon Valley, Israel, India, China, Southeast Asia, and Europe. www.lsvp.com

About AXA Venture Partners
AXA Venture Partners (AVP) is a global venture capital firm investing in high-growth, technology-enabled companies. AVP has built, in less than five years, a unique investment platform specialized in tech investments with $800 million of assets under management through three pillars of investment expertise: early stage, growth stage, and fund of funds. To date, AVP has invested in more than 45 companies and more than 15 funds. The AVP team operates globally with offices in San Francisco, New York, London, Paris, and Hong Kong. Beyond investments, AVP provides unique access to business development opportunities helping portfolio companies to scale globally and accelerate their growth. www.axavp.com

LinkedIn: @ns8               Twitter: @ns8inc               NS8.com

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Source: NS8, Inc.

PR Newswire

Infosys Launches ‘Return to Workplace’ Solutions to Help Enterprises Build Safe, Nurturing and Resilient Workplaces

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BENGALURU, India, June 11, 2020 /PRNewswire/ — Infosys (NYSE: INFY), the global leader in next-generation digital services and consulting, today announced the launch of its enterprise-grade ‘Return to Workplace’ solutions to help clients ensure safety and wellness of their employees as they adapt to new ways of working amid the COVID-19 pandemic.

The cloud and edge-based solutions offer a comprehensive framework that enables enterprises to implement:

  • Elevated Body Temperature (EBT) screening – Leverages automation and AI on Edge to help enterprises screen their workforce or visitors in real-time for possible infection to isolate them and prevent them from entering the establishment.
  • Contact Tracing – Redefining the contact tracing category using proven technologies like GPS and BLE (Bluetooth Low Energy) to provide completely voluntary and Opt-In basis for building traceability.
  • Mask Compliance / Social Distancing Compliance – Video analytics algorithms to provide alerts when masks are not detected, or the distance between people walking together or gathering at a place is not sufficient. Smart wearables can also be incorporated based on the specific situations.
  • COVID-19 Chatbot – An AI-powered Digital Assistant solution to help answer employee queries related to return to work scenarios
  • Contactless biometrics – Ensures employees and visitors enter workplaces in a safe manner
  • Occupancy and workspace analytics – To help real estate teams track metrics on floor occupancy, density and automate sanitation routines in common areas. Contactless elevator workflows, HVAC refresh cycles and many more solutions towards ongoing workplace wellbeing.

These solutions do not collect any Personally Identifiable Information (PII) and use the power of AI, IOTVision Analytics, Edge Computing, 5G, RFID, Biometrics and Gesture controls to reduce the need for human intervention and enable data-driven decision making. The underlying platform ensures ease of maintenance and compliance reporting as required in various geographies.

Nitesh Bansal, SVP and Head- Engineering Services, Infosys, said, “The future of work will demand innovative solutions that enterprises can deploy rapidly, and at scale to ensure safety of their workforce while at the same time nurture collaboration and productivity. We are pleased to launch our ‘Return to Workplace’ offering that is aimed at positively impacting the re-opening of workspaces in a seamless, automated, and systematic manner. We are implementing some of these solutions, starting with EBT checks, across five million sq. ft. of our own office spaces as we prepare for 20,000 Infosys employees to return to their workplaces in a phased manner. We are confident that these solutions will reassure enterprises and employees that their workplaces are safe, collaborative, yet non-intrusive.”

These solutions adhere to data privacy standards and practices with FDA, FCC, ISO, and IEC compliance.

Mukesh Dialani, Program Director of Product Engineering and Operations Technology/Services, IDC, said, “Infosys’ scalable and flexible ‘Return to Workplace’ solution is timely and well thought out. Adhering to data privacy standards and built on a foundation of digital engineering elements including computer vision, edge and AI, it will provide customers with processes and solutions to restart their operations in a safe and resilient manner.”

To know more on how ‘Return to Workplace’ solutions came about, and watch Nitesh Bansal tell the story, click here: https://www.infosys.com/newsroom/infytv/making-our-way-back-to-workplace.html

About Infosys Ltd.

Infosys is a global leader in next-generation digital services and consulting. We enable clients in 46 countries to navigate their digital transformation. With nearly four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.

Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2019. These filings are available at www.sec.gov . Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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PR Newswire

BAT Named in The Gartner Supply Chain Top 25 for 2020

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BAT believes company transformation and focus on ESG has driven elevation to 21st position.

LONDON, June 11, 2020 /PRNewswire/ — BAT has been recognised by Gartner in The Gartner Supply Chain Top 25 for 20201  ranking for the first time. The ranking identifies supply chain leaders and BAT has moved from outside the 25th position to 21st position in 2020. BAT believes this reflects the great progress in its supply chain maturity journey, its strong financial performance and the fact that ESG is front and centre of everything BAT does, particularly in relation to the company’s supply chain. 

Alan Davy, BAT Group Operations Director, said:

“We are delighted to receive this recognition which I believe is confirmation of our efforts to deliver a world-class supply chain as part of our journey towards A Better Tomorrow. To us, it not only acknowledges the achievements of our colleagues who have succeeded in transforming our business, but also the partners, suppliers and communities we work alongside. 

“The supply chain integration and synchronisation steps taken over the last few years built greater Resilience and Agility. Furthermore, Sustainability is front and centre of everything we do – it sits at the heart of our supply chain, has driven many of the investment decisions we have made, and will be a key element of our plans for the future as we build on this success.”

In recent years, BAT has implemented a single ERP platform, has invested in building people’s capabilities, as well as increased automation of certain business processes.  Crucially, the quality of data the company now uses for decision making has been transformed. AI and Machine Learning based platforms have been used to improve how BAT’s transportation and logistics networks are managed. This has built additional resilience and much needed agility and has contributed to the way BAT continues to navigate the Covid-19 situation. Further improvements and efficiencies are planned for 2020 and beyond.

According to Gartner, “three key trends stand out this year for these leaders that are accelerating their capabilities, separating them further from the rest of the pack.”

Purpose-driven organisations

“Even before the pandemic occurred, supply chain teams at leading companies defined their work using the language of purpose. These companies recognize that solving the world’s largest problems only works through partnership with others in the broader community, as well as through their own radical transparency.”

Business model transformers

“One of the largest external forces impacting corporate supply chains is a dynamic competitive landscape that is driven by a combination of expanded customer expectations, new market entrants from existing industry ecosystems and the emergence of non-traditional competitors.” Further, “leading supply chains have positioned themselves as the disruptors to traditional business models, either through reinvention of their offerings and the ability to deliver them or by acquiring start-ups that offer the expertise and DNA necessary to compete in new and reinvented markets.”

Digital orchestrators

“Leading companies on the Supply Chain Top 25 are early, and frequent, adopters of digital technologies. More importantly, these investments enable business capabilities and outcomes that allow them to thrive in even the harshest economic conditions.”

The Gartner report states that:

“In our 16th edition of the Supply Chain Top 25, we have an impressive group of leaders with new lessons to share, including a diverse set of six new entrants.” It further mentions that, “with substantial portions of the economy closed due the COVID-19 pandemic, we are seeing unemployment and negative economic growth rates on a scale not seen since the early 20th century in some cases.” Further, “leaders need an agile, or adaptive, strategy that allows the supply chain organisation to sense and respond to changes in the business context as they happen.”

Regarding the Supply Chain Top 25 Methodology, Gartner states, “the ranking comprises two main components – business performance and opinion. Business performance, in the form of public financial and ESG data, provides a view into how companies have performed in the past. The opinion component offers an eye to future potential and reflects leadership in the supply chain community. These two components are combined into a total composite score. We derive a master list of companies from a combination of the Fortune Global 500 and the Forbes Global 2000. In an effort to maintain the list of companies evaluated at a manageable level, we apply a general annual revenue threshold of $12 billion.”

Gartner, “The Gartner Supply Chain Top 25 for 2020”, Mike Griswold et al, 19 May 2020

1.  Gartner subscription required

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