Tag Archives: FIN

ADP Expands ADP SecurTime to the Philippines

MANILA, Philippines, Aug. 7, 2024 /PRNewswire/ — ADP, a global leader in payroll and human capital management solutions, announces the rollout of ADP SecurTime, its cloud-based time and attendance solution, in the Philippines. This rollout aims to streamline payroll and workforce management process capabilities for businesses across the Philippines.

ADP SecurTime, acquired by ADP in 2023, offers robust cloud-based time tracking, attendance management, and workforce management software. It provides businesses with a range of intuitive and insightful features, including:

  • Capture real-time attendance: Utilises biometrics, tablet or mobile phone for real-time tracking
  • Time fraud prevention: Features geo-tagging, geo-fencing, live tracking and alerts
  • Integrated payroll and time: Reduces potential pay inaccuracies and administrative time
  • Centralized dashboard: Offers reports and analytics to identify patterns and discrepancies

“We are proud to introduce ADP SecurTime to the Philippines, empowering businesses with a state-of-the-art time and attendance solution tailored to meet the unique challenges of managing a diverse workforce,” said Jessica Zhang, Senior Vice President of APAC at ADP.

“By integrating our robust payroll solutions with ADP SecurTime, businesses in the Philippines can enhance efficiency and accuracy in workforce management. This powerful combination reduces administrative burdens and saves costs, enabling companies to focus more on strategic growth and employee satisfaction.”

“The rollout also underscores our commitment to supporting businesses with innovative solutions that drive productivity and compliance,” added Zhang.  

ADP provides services to a wide range of businesses and industries, helping organizations manage their payroll, HR, time, tax, and benefits needs. Serving more than one million clients in 140 countries, ADP has the experience and scale to support businesses of all sizes – from small business to global enterprise – across all industries.  

About ADP (NASDAQ – ADP)
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential.  HR, Talent, Time Management, Benefits and Payroll.  Informed by data and designed for people.  Learn more at ADP.com

ADP, the ADP logo, and Always Designing for People are trademarks of ADP, Inc.

Copyright © 2024 ADP, Inc. All rights reserved.

Source: ADP, Inc.

EMTECH ANNOUNCES BEYOND COMPLIANCE PRODUCT FOR FINTECHS TO PROACTIVELY MANAGE RISK


NEW YORK and ACCRA, Ghana and LAGOS, Nigeria, July 31, 2024 /PRNewswire/ — Award-winning software provider, EMTECH has announced a new software product called Beyond Compliance, to help Financial Service Providers (FSPs) automate and manage regulatory compliance in one place. Regulatory Compliance is an imperative for FSPs as the fines for non-compliance can run into the billions of dollars. Beyond Compliance helps users stay ahead of regulatory issues before they result in fines, loss of a license, bankruptcy or closures.

EMTECH's Beyond Compliance software introduces a new way for fintechs to manage compliance and meet regulatory requirements.
EMTECH’s Beyond Compliance software introduces a new way for fintechs to manage compliance and meet regulatory requirements.

The ground-breaking Beyond Compliance product provides users with regulatory checklists and workflows to enable and guide them through compliance processes. By simply selecting their regulator or jurisdiction and providing a few details, users can standardize and automate compliance activities. EMTECH designed the compliance product to increase business efficiency and reduce labor costs while reducing fragmentation and manual processes.

As the incidences of fraud, digital identity theft and money laundering increase, a recent McKinsey & Company report, “The future of the payments industry: How managing risk can drive growth notes that service providers should “modify their risk management programs to protect their revenue and improve regulatory compliance. This may include enhancements to issue management, due diligence processes, risk appetite setting, or risk identification processes.”

“If fintech is to grow more resilient and effective at protecting consumers today and in the future, we have to rethink how compliance will be managed compared to how it’s done today. With highly fragmented regulatory requirements, risk monitoring and reporting methods, a more integrated compliance management platform is an essential tool for survival and growth” notes Carmelle Cadet, CEO and Founder of EMTECH.

The Beyond Compliance product provides “a great user experience, it is a customizable solution. The product is detailed and very effective in ensuring compliance to regulatory directives”, says beta user Kwasi Ofei, Head of Compliance at Juni Payments.

“Regulatory compliance can be a complex task for FSPs. EMTECH’s Beyond Compliance is designed to help fintechs manage their compliance requirements, in one or more markets, monitor their compliance status and provide a level of regulatory visibility that is required by Central Bankers and regulators,” says Steven Dickens, Chief Technology Advisor at The Futurum Group.

About EMTECH
EMTECH provides software, data and services that connect central banks to other regulators and financial services providers. EMTECH’s platforms power regulatory data exchange, compliance, supervision, currency issuance and currency movement in financial markets. The company is founded and led by a former IBM Blockchain Executive, Carmelle Cadet.

For more information visit the EMTECH website.

Media Contacts:

Linda Arroz, Makeover Media
Phone: 818.635.8753
email:linda.arroz@makeovermedia.com 

Mary Hall, Chief Marketing Officer, EMTECH
Email: Mary@EMTECH.com

Toss Securities Expands Global Footprint with Establishment of US Office

  • Toss Securities establishes its first global office in the U.S., aiming to expand its global presence
  • Kyungsoo (Peter) Kim, the current Head of Finance, will be appointed as the CEO for U.S. entity
  • Seungyeon Kim, CEO of Toss Securities says “The U.S. office will significantly accelerate the company’s business base in the market”

SEOUL, South Korea, July 30, 2024 /PRNewswire/ — In a strategic bid to extend its global footprint, Toss Securities, a securities firm with the largest data-driven investment platform in South Korea, is set to establish a new corporate office in the United States.

Toss Securities is a subsidiary of the South Korean fintech giant, Viva Republica, which operates the financial super app Toss. Its integrated account service allows customers to conveniently trade multiple financial instruments from one account without installing a separate app.

At a recent board meeting, the company unanimously voted to approve establishing a U.S. office under the name Toss Securities Americas (TSA), which is expected to be established during the second half of this year.

Kyungsoo (Peter) Kim, the current Head of Finance of Toss Securities, will be appointed as the CEO of its new wholly owned subsidiary, TSA. This will allow Toss Securities to bolster relationships with U.S. brokers and partners.

Toss Securities is also actively pursuing various non-financial business opportunities. One of its recent collaborations includes a marketing and partnership agreement with GraniteShares, one of the leading global ETF operators in the U.S. This partnership is part of the company’s efforts to identify and explore potential opportunities for business expansion.

“As a market leader in Korea for U.S. securities trading, it is a clear progression for Toss Securities to expand into the U.S. market,” said Seungyeon Kim, CEO of Toss Securities. “We are already working closely with our partners in the U.S., and this establishment will significantly accelerate our business base in the market.”

Toss Securities, which launched its mobile trading platform in March 2021, has been a trailblazer in the Korean investment industry as the first securities company of the mobile era. As of July 2024, the company has more than 6.1 million customers and over 3.2 million Monthly Active Users (MAU).

About Toss Securities

Toss Securities, a subsidiary company of Viva Republica, which operates the financial super app Toss, launched its customer service in March 2021. As a newly licensed securities company after 13 years, it provides user-centered services with UX/UI optimized for the mobile environment. In particular, it is the first in the industry to introduce an integrated account service that allows customers to conveniently trade multiple financial instruments from one account without installing a separate app, and as of July 2024, more than 6.1 million customers have used Toss Securities. Monthly Active Users (MAU) reach over 3.2 million to date. In addition to real-time overseas decimal stock trading, the company offers a variety of services such as community and customized content and is evolving into a data-driven investment platform.

Digital Garden Announces Premier Two-Day Tokyo Digital Infrastructure Summit in March 2025

TOKYO, July 17, 2024 /PRNewswire/ — Today, Digital Garden has unveiled plans for a premier two-day summit that will bring together global and Japanese leaders to collaborate towards cementing Japan as a global digital infrastructure leader. Digital Garden Tokyo convenes thought leaders and decision-makers from digital infrastructure owners and operators, government, investors and lenders, service and equipment providers, real estate, and end-users in a unique format meant to foster networking and enable further transactions and collaboration in the space to match the pace of growth in the industry.

Digital Garden Tokyo launches on March 17th and concludes on March 18th, 2025 at the Toranomon Hills Forum, one of the premier venues in Tokyo. The event offers multiple networking events as well as topical sessions on the most important issues in the digital infrastructure space, including Japan’s rise as a global AI and cloud hub, the investment and lending environment, advancements in fiber and power infrastructure, challenges and opportunities in construction and development, and government policies and subsidies aimed at advancing digital infrastructure. Multiple global and Japanese leaders have already confirmed attendance and initial speaker lineups will be announced in Fall 2024.

Daniel Cox, Chairman of Digital Garden and longtime Japan investment veteran, said, “Through my experience standing up digital infrastructure assets in Japan, it has become clear that both Japanese and global leaders are looking for increased opportunities to drive dealmaking and share mutual learnings and best practices. This conference comes from an overwhelming ask from all stakeholders for an event like this in Japan.”

Mike Owen, Vice Chairman of Digital Garden and Executive Director of ULI Japan, added, “Over my 20+ years running ULI Japan, my personal mission has been to successfully provide a venue for Japanese and global industry leaders to proactively network, study and learn; and consequently, for the organization to serve as a foundation for successful business collaborations. I am convinced ULI Japan did this for the real estate community, and Digital Garden will do it for the digital infrastructure community.”

Information on the conference will be updated regularly and for more information and registration details, interested parties are encouraged to visit www.digitalgarden.co.jp.

About Digital Garden Digital Garden is an innovative platform promoting collaboration among all stakeholders in the digital infrastructure space with a focus on transactions and achieving digital infrastructure growth goals in the Japanese and pan-Asian context. Digital Garden Tokyo is Digital Garden’s inaugural event. Daniel Cox, Chairman of Digital Garden, is a long-term Japan investment veteran, having previously served as Chief Representative Japan for Grosvenor, CEO at Niseko Village, and Head of Business Turnaround at Citigroup Principal Investments. Mike Owen, Vice Chairman, is the Executive Director of ULI (Urban Land Institute) Japan, having led the organization for over 20 years, and Founder of Transpacific Enterprises, the leading provider of information services for the real estate and investment communities in Japan.

DTGO partners with leading AI software company SenseTime to launch “DTLM”, a new trilingual LLM for Thai, Chinese, and English

BANGKOK, July 10, 2024 /PRNewswire/ — DTGO Corporation Limited, the parent group of MQDC, has partnered with SenseTime, a leading AI software company headquartered in Hong Kong, to develop DTLM (DTGO Large Language Model).

DTLM is a large language model (LLM) that leverages AI development expertise and ownership of DTGO and SenseTime’s big data for proficiency in three languages: Thai, Chinese, and English. The model is designed to efficiently meet multilingual requirements across these three languages, offering high-performance capabilities in each while understanding the local Thai language and culture.

Mr. Kittikun Potivanakul, Chief Technology Officer of DTGO, said that DTLM, DTGO’s first Thai LLM product, has been developed to accurately and thoroughly answer questions in Thai. It has achieved higher test results on the MMLU (Massive Multitask Language Understanding) benchmark than other Thai LLMs.

Through the collaboration with SenseTime, DTLM is an LLM that is built upon the company’s leading SenseNova Large Model Series. At the 2024 World Artificial Intelligence Conference (WAIC) in Shanghai last week, SenseTime unveiled its upgraded SenseNova 5.5 Large Model. Leveraging SenseNova 5.5’s significantly enhanced language capabilities, extensive knowledge database, and high information density, DTLM is able to engage in natural and responsive real-time conversations.

DTLM is the world’s first model to work efficiently in these three languages. Developed using machine learning technology that doesn’t rely solely on translation, DTLM provides an authentically local generative AI experience, including reading texts, asking questions, and responding naturally and quickly in real-time.

By empowering Thai customers with this innovative AI solution, DTLM aims to drive growth across various sectors and further enrich Thailand’s AI ecosystem, opening new opportunities and possibilities.

DTLM will initially focus on corporate clients, offering them cost-effective usage, helping control expenses efficiently, and incorporating a digital trust system for clients who require a highly dependable model.

DTLM can be applied in various ways, especially in vertical industries where internal organizational data can be used in conjunction with LLM to effectively answer questions about internal knowledge. It can also be used to develop services and external applications, such as in university libraries.

“We won’t stop here,” said Mr. Kittikun Potivanakul. “The world of technology is advancing rapidly, and we must develop to keep pace with industry advancements. In the near future, the DTLM model will be able to support usage for the general public as well. 

“DTGO established Quinnnova as a subsidiary because we saw the potential for IoT and AI development, as well as opportunities to develop it further into one of the high-potential businesses of the future.”

Professor Lin Da Hua, Co-Founder, Executive Director, Chief Scientist for AI Infrastructure and Large Model of SenseTime, said, “We are excited to introduce DTLM, our first large language model built upon the leading SenseNova Large Model Series and tailored for the Thai community. Coupled with DTGO’s deep expertise of the local landscape, we hope that DTLM’s ability to understand the Thai language and culture will better address the diverse needs of Thai customers and businesses. Together, we will continue to drive innovation with DTGO and deliver cutting-edge AI solutions for our clients in Thailand and Southeast Asia that are effective, cost-efficient, and sustainable.”

DTGO is active across various sectors and in societal contribution. The group’s main business is MQDC, a leading real estate developer. DTGO emphasizes the importance of implementing leading technologies and innovations in all aspects of its operations, whether under the group or its subsidiaries.

(From left to right): Mr. Jeff Shi, President of APAC of SenseTime; Professor Lin Da Hua, Co-founder, Executive Director, and Chief Scientist for AI Infrastructure and Large Model of SenseTime; Mr. Kittikun Potivanakul, Chief Technology Officer of DTGO Corporation Limited; and Mr. Songpol Polruth, President of Quinnnova Cooperation Limited, at the MOU signing ceremony between DTGO, Quinnnova Cooperation and SenseTime.
(From left to right): Mr. Jeff Shi, President of APAC of SenseTime; Professor Lin Da Hua, Co-founder, Executive Director, and Chief Scientist for AI Infrastructure and Large Model of SenseTime; Mr. Kittikun Potivanakul, Chief Technology Officer of DTGO Corporation Limited; and Mr. Songpol Polruth, President of Quinnnova Cooperation Limited, at the MOU signing ceremony between DTGO, Quinnnova Cooperation and SenseTime.


About Quinnnova Corporation
Quinnnova Corporation is a leading IT consulting company specializing in artificial intelligence (AI) and large language models (LLM) for enterprise use. It aims to transform businesses, reduce costs, and add value through cutting-edge solutions that enhance operational efficiency and decision-making quality across various industries. Additionally, Quinnnova offers ESG consulting services to help organizations implement sustainable business practices.

Quinnnova Corporation has been entrusted by DTGO as the sole distributor to deliver AI solutions, including DTLM (DTGO Language Model), an AI that excels in Thai-English-Chinese languages, as well as comprehensive AI solutions to enhance management efficiency, customer service, and data analysis for business organizations in Thailand.

About SenseTime:
SenseTime is a leading AI software company founded in Hong Kong SAR in 2014, focused on creating a better AI-empowered future through innovation. Upholding a vision of advancing the interconnection of the physical and digital worlds with AI, driving sustainable productivity growth and seamless interactive experiences, SenseTime is committed to advancing the state of the art in AI research, developing scalable and affordable AI software platforms that benefit businesses, people and society, and attracting and nurturing top talents, shaping the future together.

With our roots in the academic world, we invest in our original and cutting-edge research that allows us to offer and continuously improve industry-leading, full-stack AI capabilities, covering key fields across perception intelligence, decision intelligence, AI-enabled content generation and AI-enabled content enhancement, as well as key capabilities in AI chips, sensors and computing infrastructure. Our proprietary AI infrastructure, SenseCore, allows us to develop powerful and efficient AI software platforms that are scalable and adaptable for a wide range of applications.

Today, our technologies are trusted by customers and partners in many industry verticals including Generative AI, Traditional AI and Smart Auto.

SenseTime Group Inc. (stock code: 0020.HK) has successfully listed on the Main Board of the Stock Exchange of Hong Kong Limited (HKEX). We have offices in markets including Hong Kong SAR, Mainland China, Macau, Japan, Singapore, Saudi Arabia, the United Arab Emirates, Malaysia and South Korea, etc., as well as presence in Thailand, Indonesia and the Philippines. For more information, please visit SenseTime’s website as well as its LinkedIn, X, Facebook and YouTube pages.

Kuaishou Unveils Comprehensive AI Models, Reshaping Content and Commercial Ecosystem with AI

BEIJING, July 9, 2024 /PRNewswire/ — Kuaishou Technology (HKD Counter Stock Code: 01024 / RMB Counter Stock Code: 81024) (together with its subsidiaries and consolidated affiliated entities, hereinafter referred to as “Kuaishou” or the “Company”), a leading content community and social platform, made its first collective debut of AI models at a forum hosted on July 6th, titled “New AI • New Applications • New Ecosystem” (the “Forum”), as part of the 2024 World Artificial Intelligence Conference (“WAIC”). During the Forum, Kuaishou showcased its comprehensive AI model matrix, including advanced functionalities for its video generation model “Kling” (可灵) and image generation model “Kolors” (可图), among others.

At the Forum, the third upgrade of Kling was released following the release of the image-to-video and video extension functions within the past month. Kling is now accessible via web portal (https://klingai.kuaishou.com). Together with the high-definition version of Kling, the new features unveiled at WAIC include start and end frame control and shot control capabilities. Additionally, the duration for single text-to-video generation for creators has been extended to 10 seconds. Kolors has been officially open-sourced to foster industry vitality and build a more prosperous text-to-image model community ecosystem.

AI technology innovation has always been the driving force behind Kuaishou’s development, covering multiple areas such as content creation, understanding, and recommendation while also continuously advancing the smart operation level of Kuaishou’s commercial ecosystem. Mr. Gai Kun, Senior Vice President of Kuaishou and head of the User Growth and Operation Business and Community Science Line, stated, “Kuaishou will remain committed to investing in AI, vigorously driving technological innovation and bringing users the best AI technology.”

Kuaishou’s AI Models Debut: Reshaping Content Creation, Understanding and Recommendations

Mr. Gai outlined the Company’s AI model matrix, which includes the KwaiYii (快意) large language model, recommendation large model, and visual generation model as key components. These models span content creation, understanding, recommendation and other aspects, playing a crucial role in enhancing Kuaishou’s commercial ecosystem. Notably, the recommendation model, SIM (Search-based Interest Model), with its scale of 10 trillion parameters, is one of the world’s leading recommendation systems. Its next-generation architecture, ACT (Action Transformer), is expected to add hundreds of millions of minutes of daily user time spent on the Kuaishou App, significantly enhancing user engagement and activity.

“We are dedicated to investing in and innovating large model technology to extract true value from real-world scenarios to meet genuine user needs,” stated Mr. Zhang Di, Vice President of Kuaishou and head of the AI Model team. “Through large model technology, we aim to reshape Kuaishou’s business by enhancing understanding, innovating interaction and exploring content generation. In content creation, we will develop a new generation of Artificial Intelligence Generated Content (“AIGC”) creation tools to offer a user-friendly, smart content creation experience. Additionally, we will enhance Kuaishou’s content understanding and distribution system for an improved user experience.”

Drawing on the KwaiYii large model, Kuaishou has developed video script generation, real-time live streaming script generation, and advertising lead customer service, all integrated with digital human technology. These advancements help advertisers produce high-quality video and live streaming content affordably, thereby improving lead conversion efficiency. In June 2024, Kuaishou’s peak daily spending from clients utilizing AIGC marketing materials exceeded RMB20 million, showcasing the enormous commercial potential of large models.

Ms. Liu Xiao, head of Kuaishou’s External Commercialization and AI Products, highlighted the success of nearly 20,000 merchants who have leveraged smart operations using AI model capabilities on the Kuaishou platform over the past six months, resulting in significant returns. In June 2024, compared to January 2024, the number of monthly active AIGC customers increased eightfold, the monthly GMV expanded 64 times, and the platform’s AIGC advertising revenue scale increased 12 times. Ms. Liu emphasized the ongoing empowerment of merchants with new, innovative business tools like Magnetic Creation, Nuwa Digital Human, and Pi Digital Employee. She stated, “We will continue to deepen the application of AI technology in commercialization, constantly innovating and developing to deliver more value for our customers.”

Kling AI Web Version Unveiled, with Advanced Frame and Shot Control Features

Following the introduction of image-to-video and video extension functions, Kling has embraced its third major upgrade within a month. The web version is now officially online. During the Forum, Kuaishou announced a significant upgrade to Kling’s foundational AI model, introducing enhanced high-definition quality as well as new editing capabilities like start and end frame control and shot control. Additionally, the maximum duration for single text-to-video creations has been extended to 10 seconds, marking the longest duration available to ordinary users in the industry for the present.

Kling, the world’s first video generation large model truly available to ordinary users, launched its text-to-video function on June 6th. At the Conference on Computer Vision and Pattern Recognition, it unveiled additional new features including image-to-video and video extension capabilities, enabling the creation of videos up to approximately three minutes in length. Based on real-world physical laws, the videos produced by Kling exhibit cinematic quality and dynamic effects, simulating lifelike physical movements with large motion and surpassing the constraints of traditional video generation technologies. This breakthrough has not only garnered praise locally but has also sparked considerable international attention, heightening global interest in China’s advancements in AI technology.

To date, over 500,000 users have applied for access to Kling’s beta test, with the number of generated videos reaching 7 million. Popular creations such as “Old Photo Revival” have gone viral due to their emotional impact. Kuaishou will continue to focus on improving the model’s foundational quality, enhancing video clarity and introducing more innovative features to meet diverse user needs.

Mr. Wan Pengfei, head of Kuaishou’s Visual Generation and Interaction Center, stated that the latest release of Kling brings significant enhancements in seven areas: motion generation, generation duration, adherence to physical laws, video quality, command response, image-to-video conversion and video control. These upgrades enable the creation of clearer and more manageable videos of 10 seconds or longer.

Notably, the trailer for China’s first original AIGC fantasy short play, “Legendary Mirrors of Mountains and Seas: Splitting Waves,” premiered during the Forum, with Kling providing extensive technical support for the short play. The rapid advancement of AIGC technology has infused fresh vitality into the short play industry, significantly boosting the efficiency of short play production, creation, and operation.

Furthermore, to inspire AI enthusiasts, Kuaishou launched the inaugural Kling x KuaiYing (快影) video creation contest “A Surge of Inspiration” at the Forum. This contest, in collaboration with six top institutions, boasts a prize pool exceeding RMB300,000. Additionally, the contest launched the “Kling x Astral Short Plays (星芒短剧)” creator incubation program, inviting winners from each category to join a creator support program. This program offers notable visibility, cash rewards, and opportunities for direct engagement with industry professionals.

Kolors Goes Open Source to Foster a Thriving Ecosystem for Text-to-Image Models

In the field of image generation large models, Kuaishou’s Kolors is at the industry forefront, boasting several core advantages including advanced semantic understanding, high-quality photographic visuals, and multi-condition controllable stylized generation capabilities. In the evaluation conducted by China’s authoritative organization, the Beijing Academy of Artificial Intelligence Institute, Kolors scored 75.23, ranking second globally in the text-to-image model area.

Kolors integrates Kuaishou’s extensive expertise in large language models, trained on billions of Chinese-language data points, making it the most proficient Chinese text-to-image model available. Its overall performance outshines both open-source models like SDXL/SD3 and closed-source models like Midjourney, setting a new benchmark for image generation in Chinese contexts. During the Forum, Kuaishou announced that Kolors would be officially open-sourced, aiming to energize the industry and foster a more prosperous community ecosystem for text-to-image models.

Additionally, the China Computer Federation (CCF) announced a collaboration with Kuaishou to establish the “CCF-Kuaishou Large Model Explorer Fund,” with the fund application channel opening concurrently. This fund plans to launch 12 research projects by the end of 2024, with topics eligible for up to RMB300,000 in support. The fund aims to address the rapid development of AI technology and the industry’s urgent demand for cutting-edge technology, focusing on the key technical research and development of the next generation of large models.

Mr. Gai reaffirmed that going forward, “Kuaishou will remain committed to investing in AI, vigorously driving technological innovation and bringing users the best AI technology.”

About Kuaishou

Kuaishou is a leading content community and social platform with its mission to be the most customer-obsessed company in the world. Kuaishou has relentlessly been focusing on serving its customers and creating value for them through the continual innovation and optimization of its products and services. At Kuaishou, any user can chronicle and share their life experiences through short videos and live streams and showcase their talents. Working closely with content creators and businesses together, Kuaishou provides product and service offerings that address various user needs that arise naturally, including entertainment, online marketing services, e-commerce, online games, online knowledge-sharing, and more.

Forward-Looking Statements

Certain statements included in this press release, other than statements of historical fact, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may”, “might”, “can”, “could”, “will”, “would”, “anticipate”, “believe”, “continue”, “estimate”, “expect”, “forecast”, “intend”, “plan”, “seek”, or “timetable”. These forward-looking statements, which are subject to risks, uncertainties, and assumptions, may include our business outlook, estimates of financial performance, forecast business plans, growth strategies and projections of anticipated trends in our industry. These forward-looking statements are based on information currently available to the Group and are stated herein on the basis of the outlook at the time of this press release. They are based on certain expectations, assumptions and premises, many of which are subjective or beyond our control. These forward-looking statements may prove to be incorrect and may not be realized in the future. Underlying these forward-looking statements are a large number of risks and uncertainties. In light of the risks and uncertainties, the inclusion of forward-looking statements in this press release should not be regarded as representations by the Board or the Company that the plans and objectives will be achieved, and investors should not place undue reliance on such statements. Except as required by law, we are not obligated, and we undertake no obligation, to release publicly any revisions to these forward-looking statements that might reflect events or circumstances occurring after the date of this press release or those that might reflect the occurrence of unanticipated events.

For investor and media inquiries, please contact:

Kuaishou Technology
Investor Relations
Email: ir@kuaishou.com 

OceanBase announces its listing on Google Cloud Marketplace, expanding cloud database services to 80 availability zones worldwide

JAKARTA, Indonesia, June 27, 2024 /PRNewswire/ — During the inaugural OceanBase INFINITY tech conference in Jakarta, Indonesia, OceanBase unveiled that its comprehensive suite of cloud database products and services is now accessible on the Google Cloud Marketplace.

Evan Yang, CEO of OceanBase, at 2024 OceanBase INFINITY event in Jakarta, Indonesia
Evan Yang, CEO of OceanBase, at 2024 OceanBase INFINITY event in Jakarta, Indonesia

Charlie Yang, CTO of OceanBase, was sharing the product roadmap and unveiling upcoming releases and updates at 2024 OceanBase INFINITY event
Charlie Yang, CTO of OceanBase, was sharing the product roadmap and unveiling upcoming releases and updates at 2024 OceanBase INFINITY event

With this move, OceanBase further supports multi-cloud deployments, enhancing its ability to serve international customers with increased flexibility, scalability, performance, and cost-effectiveness. Demonstrating compatibility with major cloud environments such as Amazon Web Services, Google Cloud, Alibaba Cloud, and Tencent Cloud, OceanBase has scaled its services across over 30 geographical regions in Asia Pacific, Middle East, Africa, Europe and America, covering 80 availability zones.

As a solution for unlimited scalability and mission-critical tasks, OceanBase’s distributed database is designed to support data-intensive transactional workloads and real-time operational analytics, boasting ultra-fast performance that has once achieved world records in the TPC-C benchmark test. To date, OceanBase serves over 1,000 customers across the globe, such as SAIC Volkswagen, VIVO, Haidilao, Kwai, Trip.com, DANA, GCash, PalmPay, QiCard and the Saudi Cloud Computing Company, while also supporting all mission-critical systems in Alipay.

“We envision a unified database product strategy that brings customers a single database for the entire lifecycle of their organization at scale,” said Evan Yang, Chief Executive Officer of OceanBase. “OceanBase’s availability on Google Cloud Marketplace, coupled with our multi-cloud approach, further ensures efficient and resilient database management across diverse cloud environments, enabling customers to effectively resolve their critical business challenges.”

During the conference, OceanBase also announced strategic partnerships with leading local resellers to better serve customers in the Indonesian market.

Earlier, in May, OceanBase was recognized as an Asia/Pacific Customers’ Choice and also named a Strong Performer in the 2024 Gartner® Peer Insights™ Voice of the Customer report for Cloud Database Management Systems. It also received an Honorable Mention in the 2023 Gartner® Magic Quadrant™ for Cloud Database Management Systems.

About OceanBase

Launched in 2010, OceanBase is a distributed relational database. OceanBase’s strengths over alternative solutions include strong data consistency, high availability, high performance, cost effectiveness, elastic scalability, and high compatibility with mainstream relational databases. It enables transactions and analytical queries with just one set of data engines, empowering real-time business intelligence.

To learn more, please visit: https://en.oceanbase.com/

“Captain Tsubasa: Dream Team” 7th Anniversary Campaign: Season 1 Kicks Off with Limited Edition Superstars to Make a First Appearance in the Ultimate Anniversary Superstar Transfer

TOKYO, June 13, 2024 /PRNewswire/ — KLab Inc., a leader in online mobile games, announced that its head-to-head football simulation game Captain Tsubasa: Dream Team has celebrated its 7th anniversary since its release on June 13, 2024. To celebrate the 7th anniversary, events will be held as part of the 7th Anniversary Campaign: Season 1. See the original press release (https://www.klab.com/en/press/) for more information.

KLab Inc., a leader in online mobile games, announced that its head-to-head football simulation game Captain Tsubasa: Dream Team has celebrated its 7th anniversary since its release on June 13, 2024.
KLab Inc., a leader in online mobile games, announced that its head-to-head football simulation game Captain Tsubasa: Dream Team has celebrated its 7th anniversary since its release on June 13, 2024.

7th Anniversary: Big Thanks Present

Event Period: Thursday, June 13 16:00 until Saturday, August 31 15:59 (JST/UTC+9)

Login to the game during the event period to receive a new SSR Natureza wearing the latest Brazil National Team’s official uniform, 100 Dreamballs, three 7th Anniversary: Selectable SSR Transfer Tickets (1 SSR selectable from 10 random players), and more.

*Please note that the event period is subject to change.

Up to 100 Transfers! – 7th Anniversary Big Thanks: 1 SSR European Player Guaranteed ~FREE 10-Player Transfer~

Event Period: Thursday, June 13 16:00 until Saturday, July 13 15:59 (JST/UTC+9)

This 10-Player Transfer can be done for free once a day during the event period for up to a total of 100 Transfers.

One SSR European player is guaranteed for each 10-Player Transfer.

7th Anniversary Big Thanks: Freely Selectable SSR European Player Guaranteed Free Transfer

Event Period: Thursday, June 13 16:00 until Saturday, July 13 15:59 (JST/UTC+9)

In this Transfer, users can select one European player to receive for free during the event period.

*This Transfer can only be used once during the event period.

7th Anniversary: Ultimate Anniversary Superstar Transfer

Event Period: Thursday, June 13 16:00 until Monday, July 1 15:59 (JST/UTC+9)

Karl Heinz Schneider and Hermann Kaltz debut as new players wearing the latest German National Team’s kit.

Karl Heinz Schneider possesses the new Special Shot Skill, the Straight-Through Power Fire, and Hermann Kaltz possesses the new Special Pass Skill, the Hedgehog Ball-Keeping Pass.

One SSR player is guaranteed for each 10-Player Transfer.

*SP exchange enabled with a limit.

Overview of Captain Tsubasa: Dream Team

Supported OSes:                Android™ 6.0+, iOS 12.0+, HarmonyOS 2.0+
Genre:                                  Head-to-head football simulation game
Price:                                    Free-to-play (In-app purchases available)
Supported Regions:           Global (Excludes Japan and Mainland China)
Official Website:                  https://www.tsubasa-dreamteam.com/en
Official X Account:              @tsubasaDT_en
Official Facebook Page:      https://www.facebook.com/tsubasaDTen
Official YouTube Channel:   https://www.youtube.com/channel/UCTgOPO7kIQ35YzB7SBIQoWQ/ 
Official Discord Channel:    https://discord.gg/6tyEs48 
Copyright:                             ©Yoichi Takahashi/SHUEISHA
                                               ©Yoichi Takahashi/SHUEISHA/TV TOKYO/ENOKIFILM
                                               ©KLabGames

Download here:

App Store: https://itunes.apple.com/app/id1293738123
Google Play: https://play.google.com/store/apps/details?id=com.klab.captain283.global
AppGallery: https://appgallery.huawei.com/#/app/C105375049

Source: KLab Inc.

VentureBlick Launches ‘Discovery’: The First Global Networking Platform for Healthcare Innovation

Empowering key ecosystem players to find each other easily and work together

SINGAPORE, May 8, 2024 /PRNewswire/ — VentureBlick announces the launch of Discovery, a groundbreaking networking platform designed to connect healthcare innovators, advisors, investors, distributors, partners, and service providers worldwide.

VentureBlick Discovery networking platform for healthcare innovation
VentureBlick Discovery networking platform for healthcare innovation

Healthcare innovation is often associated with high barriers and risks, necessitating more cross-border and cross-sector collaboration for global impact. Discovery is the first-ever platform bringing together key stakeholders in healthcare innovation under one virtual roof.

It is free to join Discovery, which is line with the platform’s mission to foster openness, enhance visibility, and facilitate connections throughout the ecosystem.

Since its soft launch a few weeks ago, Discovery has attracted close to 3,000 members from across 50 countries, underscoring its global appeal and potential for growth.

Innovators, investors, and distributors alike stand to benefit from Discovery’s comprehensive suite of tools and resources. Innovators can showcase their breakthrough technologies on a global stage, connect with potential partners and investors beyond their home market, and access essential resources for growth and expansion. Investors can identify promising investment opportunities, gain valuable market intelligence, and engage directly with industry experts. Distributors can expand their product portfolios into new territories or new geographies and forge new partnerships.

One of Discovery’s distinguishing features is its exclusive access to a carefully curated list of advisors. These advisors are either practicing clinicians or industry experts with domain expertise and an innovative mindset, chosen to be part of the global VB Advisory Network. They undergo rigorous vetting to provide innovators with invaluable real-world feedback, clinical insights, and critical resources. VentureBlick is committed to prioritising medical value when it comes to validating and supporting healthcare innovation, making the VB Advisory Network an essential component of this mission.

Advisors can leverage Discovery to stay informed about the latest innovations in their specialty areas, connect with like-minded peers and industry experts, monetise their expertise through paid consulting engagements, and explore business opportunities.

Chris Lee, Founder & CEO of VentureBlick, expressed his enthusiasm for the launch of Discovery, stating, “Discovery was created with the simple purpose of helping people within the healthcare innovation ecosystem find each other and work together instead of relying on their own professional network, which can be limited.”

Discovery offers a range of features tailored to meet the diverse needs of its members, including user profiles and filtered directories, and direct messaging capabilities. More features including Open Innovation Search, 1-to-1 expert call on-demand, smart matching, and open Q&A forum will soon be introduced, further enhancing the platform’s utility and effectiveness.

For more information about VentureBlick and Discovery, please visit www.ventureblick.com.

About VentureBlick

VentureBlick is an all-in-one healthcare innovation engine, driving connections across borders to propel local innovations onto the global stage. Its suite of services includes the Super Incubator, Consulting, and the innovative Discovery networking platform. VentureBlick fosters collaboration among innovators, clinicians, investors, and ecosystem partners worldwide. Boasting a seasoned team and a network of 2,500 healthcare experts from 60 countries, VentureBlick is committed to prioritising medical value and driving impactful open innovation. Headquartered in Singapore and operating in Korea, Germany, India, and China, VentureBlick has a track record of guiding startups, SMEs, and corporations achieve their milestones through global market mapping, medical validation, market entry strategies, technology scouting, healthcare partnership, and beyond. Discover more at www.ventureblick.com.

Flash News: OKX Wallet Integrates with Side Protocol

SINGAPORE, April 27, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, today announced the integration of Side Protocol with the OKX Wallet. Side Protocol is a cross-chain middleware protocol designed to enable seamless communication and asset transfer between heterogeneous blockchains. Side Protocol aims to create a unified and interoperable blockchain ecosystem, breaking down the barriers between different networks.

With Side Protocol, OKX Wallet users can now effortlessly transfer assets across multiple blockchains, reducing friction and enhancing the overall user experience. This integration marks a significant step forward in promoting cross-chain interoperability and unlocking the true potential of a multi-chain future.

About OKX

A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:

  • OKX Wallet: The world’s most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, ‘written down’ seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
  • DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.
  • NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
  • Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

OKX partners with a number of the world’s top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.

As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.

To learn more about OKX, download our app or visit:okx.com

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