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PR Newswire
ChipMOS to Present at Investor Conference Hosted by the Taiwan Stock Exchange and SinoPac Securities Corp.

HSINCHU, June 4, 2020 /PRNewswire-FirstCall/ — ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today announced that it will present at the Taiwan Double Good Forum hosted by the Taiwan Stock Exchange and SinoPac Securities Corp. The virtual conference will take place on Wednesday, June 10, 2020.

Management from the Company, including Jesse Huang, Vice President of Strategy and Investor Relations, will discuss the Company’s recent financial results, business trends and growth opportunities. The Company’s investor update is currently available on the investor relations’ section of its website at www.chipmos.com.

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (https://www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS provide assembly and test services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries.

Forward-Looking Statements

This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, among other things, strategy, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors.  Further information regarding these risks, uncertainties and other factors are included in the Company’s most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange commission (the "SEC") and in the Company’s other filings with the SEC.

Contacts:

In Taiwan

Jesse Huang

ChipMOS TECHNOLOGIES INC.

+886-6-5052388 ext. 7715

[email protected]

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

[email protected]

Related Links :

http://www.chipmos.com

PR Newswire
IBM Services Collaborates with Lotte Card to Adopt A Hybrid Cloud Strategy To Help Transform Core Financial Accounting Systems

Lotte Card to Modernize Core Functions with IBM Cloud to Help Drive Innovative Services for Cardholders

ARMONK, New York, June 4, 2020 /PRNewswire/ — IBM (NYSE: IBM) announced today that the Korean credit card company, Lotte Card, which services a wide network of retailers including department stores, hypermarkets and cinemas, is collaborating with IBM Services to transition its entire enterprise system, including mission critical and core financial accounting systems, to a hybrid cloud environment. By using cloud native technology from IBM and Red Hat Openshift to migrate its core business applications to a managed private cloud, Lotte Card aims to achieve greater visibility, scalability, security and speed while reducing costs, risk and complexity to its IT infrastructure so it can deliver innovative services to its clients.

Lotte Card to Modernize Core Functions with IBM Cloud to Help Drive Innovative Services for Cardholders
Lotte Card to Modernize Core Functions with IBM Cloud to Help Drive Innovative Services for Cardholders

With several economic, demographic, regulatory and technological factors in play, the Cards & Payments industry is witnessing rapid innovation across the value chain. Additionally, today’s tech-savvy consumers are using various payment options like simple payment service. To meet the need for innovation with speed, as well as deliver applications and services with minimal cost and risk, Lotte Card plans to leverage open, hybrid cloud technologies from IBM and Red Hat to introduce a diverse set of new digital services for its Korean customer base.

With its hybrid cloud strategy, Lotte Card plans to deliver new technologies to support customer service, such as the expansion of the Lotte Card LIFE application that offers a super-personalized service and gives its mobile users a 360-degree purview of all the Group’s best benefits and services in one platform. The flexibility of using cloud technologies over a traditional IT infrastructure, can allow Lotte Card to respond with greater agility to rapidly changing market conditions and competition, to help serve their customers better in near real time.

Lotte Card previously migrated its mobile application to the cloud in order to build a scalable and flexible system foundation that can actively cope within an enterprise grade mobile environment. With this project, Lotte Card experienced very positive results throughout its business, such as improvement of customer satisfaction, and enhanced performance of its mobile apps as well as a reduction in total cost of ownership (TCO). Based on this initial success, Lotte Card decided to work with IBM to adopt a hybrid cloud strategy to migrate and manage its additional enterprise systems, including the account system.

"We look forward to bringing the power of IBM’s hybrid cloud capabilities and financial services industry experience to Lotte Card’s mission-critical infrastructure," said Archana Vemulapalli, GM IS Offering Strategy, Management and Development, IBM Services. "IBM is intently focused on working with our financial services clients all over the world to help them address critical requirements and enable industry innovation so they can service the public, while addressing the industry standards for regulatory compliance, security and resiliency."

To power the program with Lotte Card, IBM has introduced DevOps-based agile methodology in order to speed up the development, testing, modification and release of new software or services in the cloud. IBM will also provide Lotte Card with automation tools designed for strong security and efficient system operation.

IBM has the capability and knowledge to provide end-to-end cloud services from cloud consulting, to building, migrating and managing cloud. It also has experience with regulation, security and open innovation provisions.

This agreement was signed during IBM’s Q1, 2020.

Media Contact:

Tricia Vuiton
Communications, IBM
[email protected] 
+1 (914) 765-4980

Photo – https://techent.tv/wp-content/uploads/2020/06/ibm-services-collaborates-with-lotte-card-to-adopt-a-hybrid-cloud-strategy-to-help-transform-core-financial-accounting-systems-1.jpg  
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PR Newswire
Companies can Now Sign Legally Binding Documents on Live Video Calls

AUCKLAND, New Zealand, June 3, 2020 /PRNewswire/ — A new live video signing feature protects companies against fraud and contract disputes while maintaining social distancing.

Secured Signing’s Video Signing all-in-one platform
https://www.youtube.com/watch?v=2Z0kzDfIJe0

Secured Signing, one the world’s most trusted digital signature providers, today launched live Video Signing. This gives companies the power to sign legally binding documents on a video call.

Mike Eyal, the Managing Director of Secured Signing, said data showed companies were shifting more of their work online due to COVID-19. This shift has been driven by many countries updating their electronic signatures acts to allow documents to be signed and witnessed over video calls.     

"What we are now seeing is that COVID-19 is changing everything about how most businesses operate. There is a sharp rise in remote work, and companies are no longer able to meet in person to witness and sign contracts. With Secured Signing Video Signing, the entire signing process takes place on a live video call."

Digital signatures provide built-in proof of the signer’s identity and intent. Live Video Signing comes with even stronger identity verification features, making it difficult to dispute contracts. This protection, known as non-repudiation, means the identities & intent of everyone signing the document are confirmed and recorded. So, no one can later deny signing the document.

Secured Signing’s Video Signing also delivers a better customer experience with the signing meetings on the all-in-one platform able to be setup in seconds allowing more time to go through details of the contract and clearly explain them. The whole process is easy, fast, and safe, added Eyal.

"You’ll now be able to sign documents using video signing, from any device, anywhere in the world. So, for example, now notaries or lawyers or financial advisors can start a video conference with the document they need signed and walk the signee through the document in a live, recorded video with the final signature added at the end of the conference call."

Eyal said the goal was to provide simple, secure signing in one easy-to-use tool.

"Our customers won’t need any additional video conference software. The signed document has an access link to video session recording that is password protected and can be viewed after signing meeting has ended".

"COVID-19 has disrupted our lives. It’s not business as usual right now. Organizations are responding in their own way, and there’s a lot of doubt and uncertainty. One thing is certain is that we have to adapt, and technology makes that process a lot easier. We hope our video signing feature will give businesses the tools they need to finalize documents safely online," said Eyal.

Find out more about Secured Signings new Video Signing feature here: https://securedsigning.com/products/video-signing

About Secured Signing

Secured Signing provides a one-stop digital signature service that delivers a full range of form completion and eSigning capabilities. Using advanced, personalised X509 PKI Digital Signature technology it is more secure than a plain electronic signature. Secured Signing enables its users to use any device to capture their graphical signature, fill-in, sign, seal and verify documents anywhere, anytime. The solution streamlines business processes, cuts back on expenses, expedites delivery cycles, improves staff efficiency and enhances customer service in a green environment. To learn more about Secured Signing, visit www.securedsigning.com

PR Newswire
Cheetah Mobile to Report First Quarter 2020 Financial Results on June 10, 2020

BEIJING, June 3, 2020 /PRNewswire/ —  Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading mobile internet company with global market coverage, today announced that it plans to release its first quarter 2020 financial results before the market opens on Wednesday, June 10, 2020. The earnings release will be available on the Company’s investor relations website at http://ir.cmcm.com.

Cheetah Mobile’s management will hold a conference call on Wednesday, June 10, 2020 at 8:00 A.M. Eastern Time or 8:00 P.M. Beijing Time to discuss the financial results. Listeners may access the call by dialing the following numbers:

International:

+1-412-902-4272

United States Toll Free:

+1-888-346-8982

Mainland China Toll Free:

4001-201-203

Hong Kong Toll Free:

800-905-945

Conference ID:  

Cheetah Mobile

The replay will be accessible through June 17, 2020 by dialing the following numbers:

International:

+1-412-317-0088

United States Toll Free:

+1-877-344-7529

Access Code:

10144811

A live and archived webcast of the conference call will also be available at the Company’s investor relations website at http://ir.cmcm.com.

About Cheetah Mobile Inc.

Cheetah Mobile is a leading mobile Internet company with global market coverage. It has attracted hundreds of millions of monthly active users through its mobile utility products such as Clean Master and Cheetah Keyboard, casual games such as Piano Tiles 2 and Bricks n Balls. The Company provides its advertising customers, which include direct advertisers and mobile advertising networks through which advertisers place their advertisements, with direct access to highly targeted mobile users and global promotional channels. The Company also provides value-added services to its mobile application users through the sale of in-app virtual items on selected mobile products and games. Cheetah Mobile is committed to leveraging its cutting-edge artificial intelligence technologies to power its products and make the world smarter. It has been listed on the New York Stock Exchange since May 2014.

Investor Relations Contact

Cheetah Mobile Inc.
Helen Jing Zhu
Tel: +86 10 6292 7779 ext. 1600
Email: [email protected]

ICR, Inc.
Xinran Rao
Tel: +1 (646) 417-5395
Email: [email protected]

 

Related Links :

https://www.cmcm.com/

PR Newswire
China Online Education Group Announces Proposed Follow-on Public Offering of American Depositary Shares

BEIJING, June 3, 2020 /PRNewswire/ — China Online Education Group ("51Talk" or the "Company") (NYSE: COE), a leading online education platform in China, with core expertise in English education, today announced the commencement of a proposed registered underwritten public offering by the Company and certain selling shareholders of American depositary shares (the "ADSs"), each representing fifteen (15) Class A ordinary shares of the Company. The Company proposes to offer 428,571 ADSs (the "Primary ADS Offering"), and the selling shareholders propose to offer 1,000,000 ADSs (the "Secondary ADS Offering" and, together with the Primary ADS Offering, the "ADS Offering"). The underwriters in the ADS Offering will have a 30-day option to purchase up to 214,285 additional ADSs from the Company and certain selling shareholders solely for the purpose of covering overallotment.

Morgan Stanley & Co. LLC and Needham & Company, LLC are acting as the joint book-running managers for the ADS Offering.

The ADSs will be offered pursuant to the Company’s shelf registration statement on Form F-3 (the "Form F-3"), as amended, which was originally filed with the U.S. Securities and Exchange Commission (the "SEC") on April 6, 2020 and became effective on May 8, 2020. A preliminary prospectus supplement related to the proposed ADS Offering will be filed with the SEC. The Form F-3 and the preliminary prospectus supplement will be available at the SEC website at: http://www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus may be obtained from (1) Morgan Stanley & Co. LLC, Prospectus Department, 2nd Floor, 180 Varick Street, New York, NY, 10014, United States of America, or by calling 1-866-718-1649, or by email at [email protected]; (2) Needham & Company, LLC, Attention: Syndicate Prospectus Department, 250 Park Avenue, 10th Floor, New York, New York 10177, or by calling 800-903-3268, or by email at [email protected].

This announcement shall not constitute an offer to sell, or a solicitation of an offer to buy, any securities, nor shall there be any offer, solicitation or sale of the securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

This press release contains information about the pending offering of the ADSs, and there can be no assurance that the offering will be completed.

About China Online Education Group

China Online Education Group (NYSE: COE) is a leading online education platform in China, with core expertise in English education. The Company’s mission is to make quality education accessible and affordable. The Company’s online and mobile education platforms enable students across China to take live interactive English lessons with overseas foreign teachers, on demand. The Company connects its students with a large pool of highly qualified foreign teachers that it assembled using a shared economy approach, and employs student and teacher feedback and data analytics to deliver a personalized learning experience to its students.

Safe Harbor Statement

This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "aims", "future", "intends", "plans", "believes", "estimates", "likely to" and similar statements. 51Talk may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about 51Talk’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: 51Talk’s goals and strategies; 51Talk’s expectations regarding demand for and market acceptance of its brand and platform; 51Talk’s ability to retain and increase its student enrollment; 51Talk’s ability to offer new courses; 51Talk’s ability to engage, train and retain new teachers; 51Talk’s future business development, results of operations and financial condition; 51Talk’s ability to maintain and improve infrastructure necessary to operate its education platform; competition in the online education industry in China; the expected growth of, and trends in, the markets for 51Talk’s course offerings in China; relevant government policies and regulations relating to 51Talk’s corporate structure, business and industry; general economic and business conditions in China, the Philippines and elsewhere and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in 51Talk’s filings with the SEC. All information provided in this press release is as of the date of this press release, and 51Talk does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

China Online Education Group
Investor Relations
+86 (10) 8342-6262
[email protected]  

The Piacente Group, Inc.
Brandi Piacente
+86 (10) 6508-0677
+1 (212) 481-2050
[email protected] 

PR Newswire
Cellwize Lauded by Frost & Sullivan for its Cloud-based, AI open RAN automation platform, Chime

Cellwize’s automation platform successfully reduces the operator’s operating expenditure and the time-to-market of its 5G deployment and creates an open ecosystem for network deployments

SANTA CLARA, California, June 1, 2020 /PRNewswire/ — Based on its recent analysis of the global radio access network (RAN) automation market, Frost & Sullivan recognizes Cellwize with the 2020 Global Product Line Strategy Leadership Award for its Chime platform. Cellwize has pushed the envelope by engineering a solution that is easy to integrate into a multi-vendor RAN environment, and which enhances the level of automation and management.

Cellwize
Cellwize

"Cellwize has expanded its focus from optimizing the RAN to managing and automating the RAN itself, including implementing automation principles across the heterogeneous network and application layers. This vision resulted in the development of its flagship RAN management and automation platform, Cellwize Chime," said Rohan Joy Thomas Industry Analyst. "Cellwize Chime utilizes AI and ML and is completely cloud-based and vendor-agnostic, has an open micro-services based architecture to address many key use cases, and is commercialized via flexible business models, including a pay-as-you-use model."

Cellwize forges unique partnerships with other technology firms, which allows it to customize its go-to-market strategy according to the region. For instance, one of its notable partners, Tech Mahindra, is recognized for its technology consultancy expertise in the global telecommunications industry. Cellwize has leveraged this partnership to build its go-to-market strategies that are custom to the technological maturity of both the network operator and the region in which the network operator is located. Similarly, its partnership with Deloitte helps network operators with change management, which is essential during the deployment phase of the automation stack as well as throughout the value realization path.

Significantly, Cellwize Chime has enhanced Artificial intelligence  and machine learning capabilities, which change the information collected from external sources into a unified and open data model and exposes that data to Cellwize’s open application programming interfaces (APIs). It then passes the information to the operator’s many different applications that are deployed on the legacy Radio Access Technologies such as 2G, 3G, 4G, and the upcoming 5G deployment. On average, the platform helps network operators save 60 percent of their OPEX, which would have otherwise been spent on getting the RAN operational.

"Cellwize Chime moves from a static radio network policy to one that is adaptive through an enhanced AI/ML-type of governance, which provides carriers with significant flexibility to avoid vendor lock-ins, without going to their incumbent vendor for solutions," noted Thomas. "In a multi-cloud environment that consists of edge compute and centralized clouds, Cellwize Chime can seamlessly integrate different components with each other across different environments."

Each year, Frost & Sullivan presents this award to the company that has developed a comprehensive product line that caters to the breadth of the market it serves. The award recognizes the extent to which the product line meets customer base demands, and the overall impact it has in terms of customer value and increased market share.

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: +1 (210) 477-8457
E: [email protected]

About Cellwize

Cellwize is all about accelerating carriers’ 5G business through powerful mobile access automation, which will allow them to shorten TTM of their Next Gen Networks. Its cloud-native, AI-driven open platform enables mobile network operators (MNOs) to automate the configuration, management and optimization of networks and services; and with an advanced set of APIs, they can connect to any application and any vendor, as well as co-create on top of the platform. With Cellwize, MNOs gain unprecedented ease, speed and agility to accelerate the ROI on their network investments as well as time to market – even in the most complex and dynamic network environments, charging ahead with 5G, and always ready for the services and networks of tomorrow. Cellwize solutions are enabling the 5G journey for customers across North America, Latin America, Europe and APAC. For more information, visit www.cellwize.com.

Media Contact
Laura Raanan
GK for Cellwize
[email protected]     
+972-50-6711772

Related Links :

http://www.frost.com

PR Newswire
Singaporeans Can Win Cash Worth Up To $1,000 And Donate Credits To Healthcare Workers With PolicyPal’s MoneyBag Game
  • COVID-19 has infected more than 30,000 in Singapore and resulted in a slew of Circuit Breaker measures to protect our health and safety.
  • PolicyPal announces a new savings game in their mobile app with a cash prize of $1,000.
  • PolicyPal also offers the use of in-app credits they earn to be donated to vulnerable frontline healthcare workers.

SINGAPORE, June 1, 2020 /PRNewswire/ — The total number of COVID-19 cases has skyrocketed in Singapore with more than 30,000 infected since our first reported case on 29 February. This has caused the government to enact stricter safe-distancing guidelines to curb the spread of the disease. These measures have affected many people’s livelihood as they are no longer to operate, as usual, resulting in challenging cash flow issues.

MAS-licensed Insure-Tech, PolicyPal, announces cash prizes of $1,000 when users play MoneyBag. The MoneyBag game is a virtual savings game that encourages users to motivate each other to hit their saving goals together. This is a fun and collaborative financial management game that is simple to understand.

PolicyPal developed this game so that people can learn how to better manage their finances during the circuit breaker times. This game also offers $50,000 worth of vouchers from partners such as foodpanda, Shopee, Zenyum, IUIGA, Revolut, GoldenDuck, CirclesLife, Grain, TheFreshLab and Tiq.

Singaporeans Can Win Cash Worth Up To $1,000 And Donate Credits To Healthcare Workers With The MoneyBag Game
Singaporeans Can Win Cash Worth Up To $1,000 And Donate Credits To Healthcare Workers With The MoneyBag Game

PolicyPal users can increase the amount of in-app credits they have by inviting players to join them in playing the MoneyBag game. They can then donate their credits to medical frontline workers in the Reward marketplace.

The credits donated will be used to support COVID-19 insurance coverage for medical frontline workers, with any excess contribution donated to registered medical charities.

Singaporeans and Singaporean Permanent Residents that are registered medical frontline workers can apply for complimentary COVID-19 insurance coverage with PolicyPal.

ABOUT POLICYPAL

Founded in 2016, PolicyPal is an insurance platform that helps people make the right choice for their financial needs and rewards them with lower insurance premiums through predictive analytics. PolicyPal connects advisers across different insurers and empowers advisers with everything they need to provide financial advice to consumers – from quotations, marketing, customer service to data analytics. With over 50,000 consumers on the platform, PolicyPal is building technology to transform protection and financial services for consumers, advisers and insurers across the entire insurance industry. For more information about PolicyPal, please visit www.policypal.com.

PolicyPal’s Social Media Platforms

Facebook: @hipolicypal
Instagram: @policypal
Website: www.policypal.com

Photo – https://photos.prnasia.com/prnh/20200529/2816910-1?lang=0

Related Links :

http://www.policypal.com

PR Newswire
FP Markets Celebrates Its 15 Year Anniversary

– A milestone that confirms FP Markets as one of the most well-established Forex & CFD brokers in the world. 

SYDNEY, June 1, 2020 /PRNewswire/ — – FP Markets celebrates its 15th anniversary today and to coincide with this momentous milestone announces the launch of its new website with a variety of new look features and functionality.  Regulated since 2005 by the Australian Securities and Investment Commission (ASIC), FP Markets is a globally-renowned company in the industry and the winner of over 40 awards since it was founded.

FP MARKETS CELEBRATES ITS 15 YEAR ANNIVERSARY
FP MARKETS CELEBRATES ITS 15 YEAR ANNIVERSARY

FP Markets offers over 10,000 trading instruments offering traders access to CFDs across Forex, Indices, Commodities, Stocks and Cryptocurrencies, making it one of the largest offerings in the industry and offers 8 platforms including MT4, MT5 & Iress.

Over the past 15 years,  FP Markets has learnt that the combination of consistently tight spreads and fast execution, coupled with  cutting-edge platforms, a wide product range and first-rate customer support are the key ingredients that give serious traders the confidence to trade.

FP Markets was founded in May 2005 and pioneered the Direct Market Access (DMA) Contracts for Difference (CFD) model in Australia which promotes fair and transparent pricing and focuses on the optimum order execution for clients.  FP Markets is still committed to providing DMA pricing for products where a centralized exchange is present For products such as Forex where there is no centralized exchange, FP Markets provides tight Raw Spreads using ECN (Electronic Communication Network) pricing.

Matt Murphie, Managing Director of FP Markets commented: "We are extremely proud to celebrate this momentous milestone which we like to summarise as "15 years of continual innovation".  We were one of the first companies in the world to offer DMA/ECN pricing and we have always ensured that we have stayed at the forefront of technology and innovation. We provide traders with a wide range of products with some of the tightest spreads available anywhere in the world which has led us to become the default choice for many serious traders."

"I am delighted to be leading an extraordinarily talented team and look forward to the next chapter as we continue to expand globally."

A new website reflecting 15 years of technological innovation and evolution

FP Markets’ strong identity, continuous innovations and investment in technology are reflected in the new-look website which complements the recently launched bespoke client portals.

The re-designed website features a clean design and improved functionalities which offer quick and easy access to information about the wide-range of products on offer. There are new sections on Partners plus the Traders Dashboard showing real-time trading sentiment as well as the new trading information resource – Traders Hub which is packed full of the latest data and analysis.

Craig Allison, Head of EMEA at FP Markets added "We are delighted with our new website which provides both functionality and content that informs and educates our traders worldwide. It signifies FP Markets as a forward-thinking company which is always thinking of fresh and innovative ways to look after its customers. Our research tells us that they are looking for fast ways to effectively trade within a premium and safe environment, and we believe that the refreshed website ticks those boxes as well as being a landmark to celebrate our 15th year."

Notes to Editors

About FP Markets:

  • FP Markets is an Australian Regulated global CFD and Forex provider with more than 15 years of industry experience. 
  • The company’s vision has always been to deliver the ultimate trading destination for clients by combining the best trading conditions, technology, product range, pricing and client services available to those wanting to trade the markets.
  • FP Markets offers highly competitive interbank Forex spreads available from 0.0 pips and leverage up to 500:1.
  • Clients can also trade on-the-go from their mobile devices across several powerful online platforms like MetaTrader 4, MetaTrader 5, WebTrader and IRESS.
  • The company’s outstanding 24/5 multilingual service has been recognised by Investment Trends as home to some of the most content clients in the industry, having been awarded ‘The Highest Overall Client Satisfaction Award,’ five years running from Investment Trends.

For full details of our wide-ranging offering,  please visit  https://www.fpmarkets.com

First Prudential Markets Pty Ltd
Level 5, Exchange House 10 Bridge St Sydney NSW 2000 AUSTRALIA

Photo – https://techent.tv/wp-content/uploads/2020/06/fp-markets-celebrates-its-15-year-anniversary.jpg
Logo – https://techent.tv/wp-content/uploads/2020/06/fp-markets-celebrates-its-15-year-anniversary-1.jpg

PR Newswire
Optimization of Business Environment Stimulates the Recovery of the Economy in Changsha, China

CHANGSHA, China, May 29, 2020 /PRNewswire/ — Changsha, the capital city of Central China’s Hunan province, issued multiple policies on optimization of business environment to stimulate a strong economic and social recovery.

The manufacturing shop of Hunan Yanjin Puzi Holding Co., Ltd.
The manufacturing shop of Hunan Yanjin Puzi Holding Co., Ltd.

 

Xianing port area in Changsha new port
Xianing port area in Changsha new port

According to Changsha Business Environment Optimization Coordination Center, since the year of 2019, Liuyang city (under the jurisdiction of Changsha city) has released a number of supportive policies, such as "Twelve Measures on Optimizing Enterprise Services of Liuyang" and "Implementation Opinions on Advancing Economic Development on Night-time, Rural and Network Scale". "Regulations on Optimizing Business Environment of Changsha " is planned to be implemented on June 1st, 2020. Enterprises’ enthusiasm for innovation and entrepreneurship has been stimulated significantly, thanks to these favorable policies.

Hunan Yanjin Puzi Holding Co., Ltd. (Yanjin Puzi), with its headquarter in Liuyang, is a listed company specializing in research, development, production and sales of leisure snacks. It has enjoyed a reputation as "the first enterprise in self-producing leisure snacks in China". "From a small candied fruit workshop with less than 10 workers, to a large-scale listed enterprise in food industry today, the brand ‘Yanjin Puzi’ has been popularized from Changsha to the whole nation, even to the whole world. We cannot reach so far without the favorable business environment of Changsha," the Chairman of Yanjin Puzi, Zhang Xuewu said.

The financial report shows that Yanjin Puzi has reached 464 million revenues and 57.2 million net profit in the first quarter of 2020, increasing 35.43% and 100.8% respectively quarter-on-quarter. From January 2nd to May 15th, the stock price has risen by as much as 151%.

The "Double-Channel Reform" in Yuhua district, Changsha, has enabled the procedures including processing of license, taxation, social insurance, official seals and account-opening to be handled within 2 hours. Since the implementation of the policy of "zero-meeting" acceptance, "zero-threshold" audit and "zero-cost" certification, 3,275 new enterprises have been established, seeing a growth of 31.3% year-on-year. The total number of market entities in Yuhua district ranked first among China’s central provincial capitals, thus being rated as one of the top 100 national investment potential regions in 2019.

As one of the three critical parks in China (Changsha) Cross Border E-commerce Comprehensive Pilot Zone, Changsha Huanghua Comprehensive Bonded Zone has been proactively supporting cross border e-commerce and firmly increasing "1210" imported bonded e-commerce business values. Since March, 2020, a great increase has been witnessed in imported products like fresh aquatic products, daily chemicals, high-tech and mechanical and electrical products in Changsha, under the impetus of domestic demand.

Changsha Cross Endless E-commerce Co.,Ltd. has set up its nationwide largest bonded warehouse in Huanghua Comprehensive Bonded Zone; more than 50% products of China are shipped from here. From January 1st to May 21st, 2020, ordering numbers exceeded 870,000, and import and export volume reached nearly 300 million, which marked a 5.1 times of growth of annual total volume and a 2.4 times of growth of import and export volume in 2019.

Another cross border e-commerce named Changsha Fengmai Cross Border E-commerce Co., Ltd. is mainly engaged in Russia business. Products are shipped to Russia via Erenhot three times a week by air. By May 25th, over 3.3 million orders, with a total value of US$22 million have been sent to Russia. With the end of the epidemic, two more shifts will be added to this route once a week.

In order to effectively mitigate the impact of the epidemic and to support the development of freight routes, Huanghua Airport Customs has further simplified the speed-up process and shortened the clearance time. The "24-hour Green Channel" provides opportunities for "zero-waiting" and "zero-latency". This year, international freight routes from Changsha to North America, European, Africa and other regions will be open.

Image Attachments Links:

Link: http://asianetnews.net/view-attachment?attach-id=364390
Caption: The manufacturing shop of Hunan Yanjin Puzi Holding Co., Ltd.

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Caption: Xianing port area in Changsha new port

PR Newswire
FICO Survey: Malaysian Consumers more Comfortable Opening Bank Accounts with Smartphones than Americans and Canadians

23 percent of Malaysians prefer to open a bank account on their phone compared to 18 percent in the US and 16 percent in Canada

KUALA LUMPUR, Malaysia, May 29, 2020 /PRNewswire/ —

Do Identity Checks By Malaysian Banks Turn Away Customers?
Do Identity Checks By Malaysian Banks Turn Away Customers?

Highlights:

  • The FICO Consumer Digital Banking Survey examines the preferences Malaysian consumers have with digital bank account opening
  • The study found 23 percent of Malaysians prefer to open a bank account on their phone compared to 18 percent in the US and 16 percent in Canada
  • 78 percent of Malaysian 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 Malaysian consumers are more comfortable opening bank accounts on their smartphones than consumers in the US and Canada.

The study showed that 23 percent of Malaysians prefer to open a bank account on their phone compared to 18 percent in the US and 16 percent in Canada.

"It is not surprising that Malaysian consumers are digital natives," said Subhashish Bose, FICO’s lead for fraud, security and compliance in Asia Pacific. "It is demographically a young country, with 80 percent of the population under the age of 50. Plus, the Malaysian government is actively encouraging development and investment in the digital economy which makes up about a fifth of the country’s GDP. These factors have promoted a digital-first consumer base."

The study showed that digital account opening is rapidly becoming the norm in Malaysia with 78 percent of consumers saying they would open some kind of financial account online.

Of those that would open a financial account online, 65 percent would consider doing so for an everyday transaction account, 45 percent for a credit card and 28 percent for a personal loan.

Leading the digital push were 25-34-year-olds, with 76 percent of them saying they would open a bank account online. This dropped to 49 percent when it came to consumers 45-55 years-old, but interestingly climbed back up to 61 percent for those over 55 years of age.

"Malaysian households are often multi-generational," explained Bose. "So, this finding might be explained by younger generations helping their grandparents with their banking, especially if they are less mobile and can’t get to a branch.

"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.

Malaysians expect account opening to be fully digital

The survey found that a large percentage of Malaysians 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, 78 percent of Malaysians thought they should be able to prove their identity by scanning documents or providing a selfie, 46 percent expected to prove where they live without moving offline and 40 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 45 percent of respondents said they would carry out the necessary offline actions as soon as possible and 23 percent said they would abandon opening the account. Overall findings demonstrated that financial institutions 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 6-9 percent of applicants move through the funnel and complete the process," said Subhashish. "The most important metric that banking executives need to understand is the difference between 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 the results of an online, quantitative survey of 5,000 adults (over 18) across 10 countries carried out on behalf of FICO by an independent research company.

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 200 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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