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PR Newswire

GLN and KB Join Forces to Establish Global Payment Network

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–         KB Kookmin Bank to join GLN network to expand Korea-driven global payment network

–         Korean financial groups cooperate to strengthen global payment network and lead the future financial ecosystem

–         KB Kookmin Bank to provide mobile payment and ATM withdrawal service to customers in Thailand, Taiwan, Singapore, Japan, Vietnam, Laos, Hong Kong, Guam and others through GLN

SEOUL, South Korea, Dec. 19, 2022 /PRNewswire/ — GLN International (GLN), the global payment network company established by Hana Financial Group, signed MOU with KB Kookmin Bank to join the global payment network.

One of the largest Korean bank which has fiercely competed in a global market, decided to cooperate with GLN to expand the network together.

GLN (Global Loyalty Network) is global payment network service provider which connects international financial companies, distribution channels and reward point providers so that users can enjoy cross-border mobile payment, ATM withdrawal service and remittance.

Hana Bank first introduced GLN in April, 2019 by launching the global mobile payment service and spun off ‘GLN International’ in July, 2021, to facilitate network business and secure independence from its mother company.

GLN’s service is provided through Hana 1Q, the mobile banking application of Hana Bank, which offers mobile payment service in Thailand, Taiwan, Singapore, Vietnam, Japan, Laos, Hong Kong, Guam and mobile ATM withdrawal service in Japan, Vietnam, Laos, thanks to the partnership between GLN and local partners.

KB Kookmin Bank’s application KB Starbanking, LiivNext, KB Wallet users will also be able to use GLN’s cross-border mobile payment and withdrawal service, based on MOU signed between GLN and KB.

GLN International’s CEO Han Jun-Seong said, “To succeed in a global business, the mutual cooperation among Korean financial companies is requisite. KB Kookmin Bank decided to join GLN network as agreed on needs to provide Korea-driven payment service to customers whereas previously having to rely on foreign-driven network processors”.  

As KB Kookmin Bank joins GLN’s network, other financial companies in Korea are also expected to participate in the group. More companies joining the network will strengthen the competitiveness of GLN, and Korean financial market as a whole.

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PR Newswire

Superior Plus Propane Continues to Lead in Innovation by Choosing Acterys as their Preferred xP&A Platform

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Superior Plus Propane adds Acterys to its fintech stack to streamline xP&A processes and optimize daily reporting of their distribution channels.

NEW YORK, Dec. 16, 2022 /PRNewswire/ — Superior Plus Propane, a leading distributor of propane and related products in the U.S., has selected Acterys as their partner to transform extended Planning & Analysis (xP&A) processes.

The team was looking for a solution that can provide instantaneous data refresh capabilities and integrate directly into Power BI, allowing them to see updates in real-time on their dashboards. After trying to achieve the same with PowerApps, they realized how complicated the entire process was due to its lack of flexibility.

Superior Plus Propane found Acterys to be the most suitable solution to help simplify and automate propane distribution reporting, planning, and forecasting with its Power BI writeback capabilities. The performance management platform offered superior functionality and ease of use, allowing the propane distribution giant to leverage their existing Microsoft tech stack and expertise.

“Acterys has been a great partner for us and gets us one step closer to reaching our analytics goal as a company. The implementation was really streamlined, thanks to the support from the Acterys team. We are just at the tip of the iceberg of what this great tool is capable of, and so far, the feedback from our end users has been great. Acterys has been a key part of our team’s shift towards a more data-driven organization.”

– Chad Lovelady, Manager of Data Analytics 

Acterys delivers unparalleled reporting, planning, and analytics in popular front-end interfaces, like Tableau, Power BI, and Excel, and complements the functionality with a robust backend data infrastructure in Azure/SQL. It offers connectivity to any data source, automated data integration, and modeling. Workflows can be set up to automatically refresh data – something that is very complicated to do with solutions like PowerApps.

“Our enthusiasm for the journey ahead with Superior Plus Propane only grows as we look at how they are using Acterys today. Leveraging real-time data, SPP will be empowered to make informed decisions companywide – a whole new level of progress! Can’t wait to see what comes next!”

– Mike Zack, COO of Acterys

About Superior Plus Propane

Superior Plus Propane is a leading U.S. distributor and marketer of propane and distillates and related products and services, servicing approximately 500,000 customer locations.

About Acterys

Acterys enables instant clarity for present & future through end-to-end analytics & planning solutions for major ERP and SaaS solutions. On top of the single version of the truth data model, the solution offers out of the box templates for all performance management aspects that can be easily customized by business users in their familiar environments like Power BI & Excel. This typically guarantees significant cost savings as multiple disparate CPM solutions e.g., separate applications for data analytics, consolidation, and planning, are consolidated on a single platform based on Microsoft standard technologies. For more info, please visit https://www.acterys.com/

Mike Zack
Acterys
sales@acterys.com
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PR Newswire

Moomoo wins Best Investment Research Tech at the Benzinga Global Fintech Awards

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Moomoo Recognized for 2nd Straight Year at Benzinga Global Fintech Awards

PALO ALTO, Calif., Dec. 16, 2022 /PRNewswire/ — Moomoo, the tech-driven online financial services platform, was named Best Investment Research Tech at the 2022 Benzinga Global FinTech Awards.

Best Investment Research Tech 2022
Best Investment Research Tech 2022

For the second year, moomoo was named to the Benzinga Fintech Listmakers in the categories of Best Investment Research Tech and Best Trading Technology. Winning the Best Investment Research Tech resonates with moomoo’s commitment to enabling smarter trading through its digital financial services platform with comprehensive data, strategic insights and advance tools.

“We are grateful to Benzinga and their panel of judges comprised of their editorial staff, industry leaders and advisors for recognizing moomoo once again at this year’s Global FinTech Awards,” said Justin Zacks, moomoo’s VP of Strategy. “This recognition validates our relentless dedication to technology that transforms the investor experience.”

Moomoo’s investment research tools are good for investors and traders at different levels. These professional and easy-to-use tools provide powerful fundamental and technical analysis allowing users to:

  • Follow and pick stocks with features like the stock screener with 100+ indicators, heat map, heat ranking by different categories, 16 individual industrial chains, earning report calendar, and institutional tracking.
  • Analyze individual stocks with visualized financial data, short sale analysis and short interest, technical indicators interpretations, and visualized fundamental analysis.
  • Utilize advanced charting with 63 technical indicators and 38 line drawing tools.
  • AI features that find similar charts to a chosen stock and identify stocks with large price and volume changes in real-time.

Moomoo’s mission is to provide investors at all levels of experience with an intuitive and powerful investing platform leveraging the power of technology. Moomoo users have access to real-time and in-depth data including pre-market and after-market quotes, Level 2 data, and real-time options chains. Additionally, users have access to market news and insights from around the globe, educational courses and content, and the ability to connect with over 19 million global users through moomoo and its sister brand Futubull.

About Benzinga Best Investment Research Tech Award

This accolade of Best Investment Research Tech is given to the best solution provider for long-term or passive investors looking to understand their holdings and discover new opportunities. A seasoned group of judges comprised of Benzinga staff, industry leaders and advisors in the space vetted all the nominees carefully and scored them on a range of topics including company background, accomplishments, successes and more. For a full list of Benzinga’s 2022 Listmakers and winners, please visit: https://www.benzinga.com/events/fintech-awards/winners/ To learn more about the award and selection process: https://www.benzinga.com/events/fintech-awards/ – faq

About Moomoo

Moomoo is a next-generation one-stop digital financial services platform created by Moomoo Technologies Inc., a fintech company based in Palo Alto, California.

Moomoo integrates trading, market data, and social networking with advanced features, such as AI-powered analytics and anomaly detection functions. It supports free online account-opening and provides access to trade stocks and ETFs in multiple global markets such as the United States, Hong Kong SAR, Singapore, and Australia. Moomoo and its brand affiliates also offer rich investor education content and an interactive online community with over 19 million users in more than 200 countries globally.

Moomoo’s parent company is the Nasdaq-listed fintech company Futu Holdings Limited (“Futu”), which is headquartered in Hong Kong SAR. Futu’s subsidiary is also one of the largest brokerages in Hong Kong SAR. On March 8, 2019, Futu was listed on Nasdaq (stock symbol: FUTU).

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC. Past investment performance does not guarantee future results. Investing involves risk and the potential to lose principal.

Accolades are not indicative of future performance. Moomoo Technologies Inc. is not affiliated with Benzinga. For additional information, please visit: https://www.benzinga.com/events/fintech-awards/winners/

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Source: Moomoo Technologies Inc.

PR Newswire

PureSoftware announces partnership with Databricks to empower businesses to unlock the power of integrated data ecosystem

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SINGAPORE, Dec. 13, 2022 /PRNewswire/ — PureSoftware, a global software products and services major announced its partnership with Databricks, a lakehouse company, excelling in enabling businesses to unify data and AI seamlessly to take data analytics potential to a new level. The Databricks Cloud Platform is designed for organizations that require an integrated view of data across multiple clouds and hybrid deployments, allowing businesses to make better decisions faster.

As a Databricks system integration partner, PureSoftware will combine the platform capabilities of Databricks with its data and AI expertise to create an integrated data ecosystem for both multi-cloud and hybrid cloud business models. The partnership will assist businesses to leverage the best of both worlds – Data lakes and Data warehouses, to simplify structural complexities in data governance, data engineering, data sharing, data streaming, and data science besides managing large-scale data pipelines to access real-time insights.

About PureSoftware

PureSoftware is a global software products and digital services company that has been driving transformation for the world’s top organizations across multiple verticals, such as banking and financial services, telecom, healthcare, gaming, and entertainment. Arttha, by PureSoftware, is a globally trusted financial technology platform. It helps businesses embrace digital solutions in the areas of consumer and MSME banking, agency/ branchless banking, digital lending, payments, BNPL and merchant management. Arttha5G, by PureSoftware is an ORAN-compliant 5G platform that enables companies to deploy digital RF front-end solutions for enhanced connectivity.

For more information, visit https://puresoftware.com/.

Media Contact:

Amitabh Chaudhary
amitabh.chaudhary@puresoftware.com 

PR Newswire

Affinidi and FilPass Sign MOU to Mitigate Risk of Fraudulent Identification Claims in the Philippines

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SINGAPORE, Dec. 7, 2022 /PRNewswire/ — Affinidi, a decentralised identity solutions provider founded by global investment company Temasek, today announced the signing of a Memorandum of Understanding (“MOU“) with Filipino company FilPass to jointly establish and issue verifiable credentials (“VCs“) in the Philippines.

Varsha Jagdale, General Manager of Financial Services in Affinidi (left) and Ryan Soh, Founder and Chief Executive of FilPass (right) sign MOU to mitigate risk of fraudulent identification claims in the Philippines
Varsha Jagdale, General Manager of Financial Services in Affinidi (left) and Ryan Soh, Founder and Chief Executive of FilPass (right) sign MOU to mitigate risk of fraudulent identification claims in the Philippines

This collaboration aims to make it easier for individuals to transact with businesses online by leveraging cryptography and decentralised technologies to issue, verify, and authenticate identities and credentials.

Under the MOU, Affinidi will provide its expertise in digital credentialing through its mobile app and digital wallet Ceal, where users will be able to promptly receive their VCs and store them securely on their mobile phones. Users can also build and manage their digital identity on the Ceal platform and control what information they would like to share with others and when to share it. Likewise, FilPass will bring its capabilities in issuing and verifying credentials and fraud detection through blockchain, enabling faster and safer online transactions.

The MOU was inked against the backdrop of the pandemic normalising exchange of information digitally. According to a study conducted by ResumeLab, an alarming 93% of people know someone who has lied on their resumes.

The collaboration between FilPass and Affinidi enables organisations to access and verify credentials of their job applicants easily. As VCs can be verified digitally, as opposed to manually checking hard copy documents and certificates, this reduces the need for companies to contact users to verify individual credentials.  

Users are given control over their VCs and digital identity, including the ability to choose what, when, and with whom they share their VCs. Once they have claimed their VCs on their Affinidi’s proprietary Ceal Wallet, users can then access its services marketplace by using their VCs to apply for jobs and more.

“This is an important collaboration empowering the entire talent acquisition ecosystem,” said Varsha Jagdale, General Manager of Financial Services in Affinidi. “Verifiable credentials enable employers to trust the information shared by applicants, while reducing the time and cost for verification. Candidate experience is tremendously improved as they get autonomy and do not have to gather information from different sources and share that with employers. We are excited to begin this journey with FilPass to bring disruptive innovation to the Philippines workforce.”

“This collaboration with Affinidi is timely as FilPass gains its momentum onboarding clients from both private and public sectors in the Philippines. With the recovering economy, more jobs will be available locally and abroad which allows FilPass end users to apply for them via Ceal,” said Ryan Soh, Founder and Chief Executive of FilPass. “FilPass is also preparing to close our Pre-Series A funding round as we accelerate our growth locally and gear up for regional expansion.”

About Affinidi

Affinidi is a core technology company that enables the creation, sharing, and verification of digital credentials that are portable and verifiable. Affinidi’s solutions empower trusted institutions to issue verifiable credentials to users, who can provide consent to share their credentials with other institutions, applications, or service providers, for verification. By sharing these verifiable data credentials, users can access valuable products and services across platforms and geographies in a trusted, open and interoperable manner.

About FilPass

FilPass is a digital identity that allows people and companies to operate with agencies online in a secure manner. Designed to be mobile-friendly, FilPass is equipped with security capabilities such as 2-stage verification (also known as 2FA) for digital transactions involving sensitive data. With 2FA, users will need to enter their FilPass ID and password, followed by entering a passcode in-app notification to allow access. This serves as an additional layer of security.

PR Newswire

Yiren Digital Successfully Regains Compliance with NYSE Minimum Share Price Listing Requirement

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BEIJING, Dec. 3, 2022 /PRNewswire/ — Yiren Digital Ltd. (“Yiren Digital” or the “Company”) (NYSE: YRD), a leading digital personal financial management platform in China, today announced that it has received a letter dated December 1, 2022 from the New York Stock Exchange (the “NYSE”) informing that the Company has successfully regained compliance with the NYSE’s continued listing standard that requires a minimum average closing price of $1.00 per share over a consecutive 30 trading-day period.

On November 7, 2022, the Company was notified by the NYSE that it had fallen below the minimum share price listing requirement in connection with the performance of trading price of its American depositary shares (the “ADSs”), and that the Company had six months following receipt of the notice to regain compliance with the minimum share price requirement.

At the closing of trading on November 30, 2022, the average closing price of the Company’s ADSs for the previous consecutive 30 trading-day period was above $1.00 per ADS. Accordingly, the Company has regained compliance with the NYSE minimum share price listing requirement.

About Yiren Digital

Yiren Digital Ltd. is a leading digital personal financial management platform in China. The Company provides customized, asset allocation-based holistic wealth solutions to China’s mass affluent population as well as provides retail credit facilitation services to individual borrowers and small business owners.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “target,” “confident” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Yiren Digital’s control. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in any such statements. All information provided in this press release is as of the date of this press release, and Yiren Digital does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

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PR Newswire

MSCI Uplifted GTJAl’s ESG Rating, Stating That Its Corporate Governance Leads Global Peers

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SHANGHAI, Dec. 3, 2022 /PRNewswire/ — On 25 November, 2022, Morgan Stanley Capital International (MSCI), an international authoritative indexing organization, released the latest annual Environmental, Social and Governance (ESG) rating. The MSCI ESG rating of Guotai Junan International Holdings Limited (“Guotai Junan International”, the “Company” or “GTJAI”, Stock Code: 1788.HK) has been upgraded to “BBB”, a leading rating for securities firms in Hong Kong, referring to its excellent ESG management performance. MSCI stated that the Company’s improved responsible investment practices and the strengthened ethics policies are the primary drivers of the upgrade.

In the assessment of the overall strengths of GTJAI, MSCI stated that the Company leads global peers in corporate governance and in business ethics framework. GTJAI’s fully independent audit committee helps provide financial and risk control oversight. Meanwhile, the Company has a disclosure of its anti-corruption policies and a whistleblowing mechanism. Furthermore, GTJAI expanded its involvement in underwriting green/sustainable bonds, which amounted to USD 10.9 billion, as of 2021.

ESG performance of listed companies around the world is increasingly valued by financial regulations and international investors. High ESG ratings reflect stronger business management and corporate governance. With ESG-oriented investments becoming an important investment strategy in global financial markets, ESG ratings have become an important basis for measuring the value of investments in listed companies in the international market. The upgraded rating is a high recognition and full acknowledgment of GTJAl’s ESG management achievements by international authorities and the international capital market.

GTJAI adheres to the philosophy of “Finance for Good” and “Finance for the People” and believes that sustainability is one of the most important foundations of its long-term development. In the future, GTJAI will continue to strengthen the implementation of the Company’s sustainable development strategy, and increase its investment in environmental protection (including the impact of climate change), corporate governance, employee care and social contribution. Through a wide range of green financial services and products, GTJAI marches on low-carbon development for customers and society.

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PR Newswire

The Central Bank Counterfeit Deterrence Group and Digimarc Corporation Extend Agreement

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BEAVERTON, Ore., Dec. 2, 2022 /PRNewswire/ — Digimarc Corporation (Nasdaq: DMRC) is pleased to announce a five-year extension of its agreement with the Central Bank Counterfeit Deterrence Group (CBCDG). The agreement, which was renewed two years early, is effective 1 January 2023 through 31 December 2029.

“Digimarc is honored to be part of the worldwide counterfeit deterrence program and thrilled to extend our agreement with the CBCDG through the end of this decade,” says Riley McCormack, Digimarc Chief Executive Officer. “The mission-critical, highly-scaled and global nature of this program is more than just a validation of our company.  It is a vitally important program we take great pride in supporting, with long-standing, deeply-valued customers – the central banks – with whom we are excited to continue to partner.”

“Digimarc has been a key, long-term partner in the central banks’ worldwide effort to deter counterfeiting of currency and a major contributor to the program’s success. We are pleased to have renewed our agreement with Digimarc two years before expiry and to have Digimarc’s continued support for this important work,” states Erick Lacourrège, Executive Committee Chairman, CBCDG.

About the CBCDG

The CBCDG is a group of 35 central banks organized at the request of the Governors of the G10 central banks. Its mission is to investigate the common emerging threats to the security of banknotes, and to propose solutions for implementation by issuing authorities.

About Digimarc

Digimarc is a global leader in product digitization, delivering business value across industries through unique identifiers and cloud-based solutions. A trusted partner in deterring counterfeiting of global currency for more than 20 years, Digimarc reveals a product’s journey to provide intelligence and promote a prosperous, safer, and more sustainable world. With Digimarc, you can finally see everything. And when you see everything, you can achieve anything. For more information, visit us at digimarc.com.

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PR Newswire

Investor Communications firm Pedrosa Richardson will service global listed companies from London

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LONDON, Nov. 30, 2022 /PRNewswire/ — Investor Relations and Financial Communications firm Pedrosa Richardson started trading internationally from London today, with the purpose of supporting leading, global listed companies.

Company principals Max Richardson and Ramon Pedrosa-Lopez.
Company principals Max Richardson and Ramon Pedrosa-Lopez.

It has already secured half a dozen listed organizations as initial clients, and aims to build on its strong, established partnerships with key stock exchanges, including OTC Markets, where it is qualified as a Premium Provider in Investor Relations – as well as Euronext, Aquis in London, and BIVA in Mexico.

Its mission is to raise the profile and disseminate the financial narratives of public corporations before the investor community in the American, British, and European markets, hence driving growth and value.

Headquartered in London, Pedrosa Richardson is present in New York City (USA), Madrid (Spain) from where it oversees its EU operations, and Almaty (Kazakhstan) as it works to develop its services across Central Asia.

“We believe the key differentiator of publicly traded corporations, beyond a solid financial position, is having a strong public profile. Investor communications efforts clearly drive up market value in today’s capital markets “, said Max Richardson, the company’s principal. “And our growing client list speaks volumes.”

The management of Pedrosa Richardson has developed a proven blend of strategy and technology over the years, to advise senior management and boards of listed issuers and pre-IPO companies, envisaging a leap into the international capital markets.

Harnessing an agile, fast-moving, and digital model, the founders work upon the premise that investor communications and IR strategies demand AI, machine learning, and data analysis expertise.

The firm’s principals, Ramon Pedrosa-Lopez and Max Richardson are specialists in their respective fields, with over four decades of combined experience developing and executing campaigns for issuers listed on the LSE, OTC Markets, Euronext, and other capital markets.

Seen as a top strategist in the industry, Pedrosa’s insights have been featured in The New York Times and Forbes. He has advised private corporations in their public outreach and IR strategies and worked out of London, Hong Kong, Tokyo, Madrid, Valletta, Jakarta, Kuala Lumpur, and Mexico City. He holds the highest qualifications achievable in the IR industry.

Richardson firmly established himself in the communications industry, coordinating global profile raising efforts for NASDAQ issuers, award-winning European banks, infrastructure conglomerates, and international energy and mining corporations.

www.pedrosa-richardson.uk

PR Newswire

ZOLOZ ranked among Top 100 RiskTech Providers in the 2023 Chartis RiskTech100® Annual Report

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SINGAPORE, Nov. 24, 2022 /PRNewswire/ — ZOLOZ, a global leading technology service provider of AI-powered Digital Identity Verification Solution, has been recognized by Chartis Research as one of the top 100 RiskTech providers in the world. 

RiskTech100® is acknowledged as the most comprehensive independent study of the world’s major players in risk and compliance technology. Rankings are based on classifications including functionality, core technology, strategy, customer satisfaction, market presence and innovation, and focus on solutions, industry segments and success factors.

“Zoloz is a strong new entrant to the RiskTech100 this year, on the back of a complete KYC solution and APAC geographic focus,” said Phil Mackenzie, Research Principal at Chartis. “Part of the strength of its solution is based on the effective use of technologies such as explainable AI and penetration attack detection, which will help to secure its place in the market.”

“With our innovative technologies and deep industry insights, ZOLOZ helped more than 70 partners in more than 14 countries and regions including China, Indonesia, Malaysia, and the Philippines in their digital transformation journeys, providing security, assurance and trusted solutions,” said Yuan Yuan (Ida), Business Director of ZOLOZ.

Major e-wallet operators and financial institutions including GCash in the Philippines, TnGD and Maybank in Malaysia, Dana in Indonesia, TrueMoney in Thailand, and Mandiri Bank in Indonesia, use ZOLOZ’s e-KYC (electronic Know-Your-Customer) solutions. The adoption of ZOLOZ’s e-KYC solutions helps clients reduce end user authentication time from days to around three minutes, while improving the authentication success rate from 65% to above 90%.

To read the entire report, click here.

About ZOLOZ

ZOLOZ is a global leading technology service provider of AI-powered Digital Identity Verification Solution. ZOLOZ is committed to supporting clients to make trust simple throughout the full circle of serving end users, from remote account opening to on-going transaction protection. ZOLOZ’s world leading digital identity products, powered by proprietary anti-spoofing algorithms, have been widely used by financial institutions to meet compliance requirements including KYC and AML, as well as detect transactional anomalies and precent fraud. ZOLOZ is in compliance with key industry standards, including PCI-DSS, ISO27001, and ISO27701.In 2022, ZOLOZ completed the Service Organization Control (SOC) 2 Type II audit process, in accordance with attestation standards established by the American Institute of Certified Public Accountants (AICPA).

To learn more, please visit: https://www.zoloz.com/