BEST’S COMMENTARY: AI MODEL DEEPSEEK COULD IMPROVE OPERATING EFFICIENCY AMONG CHINA’S INSURERS, ALBEIT WITH RISKS

 

HONG KONG, March 24 (Bernama-BUSINESS WIRE) -- The use of the artificial intelligence model DeepSeek among mainland China insurance companies has the potential to help small to medium-sized carriers improve operational efficiencies. Overall, according to its new commentary, AM Best views the use of DeepSeek as being credit neutral for China’s insurance industry over the short term.

Several of China’s insurers have announced the deployment of DeepSeek for their operations. In its Best’s Commentary, “DeepSeek Could Improve Operating Efficiency of Mainland China Insurers, Albeit with Risks,” AM Best states that it remains optimistic about the opportunities and risks arising from AI technology and views the potential impact of DeepSeek on the country’s insurance industry as being credit neutral.

“DeepSeek could help China’s smaller insurers become more competitive and narrow the technology gap between them and larger players,” said Lucie Huang, senior financial analyst, AM Best. “Other positives for companies’ business profiles could include higher revenue growth, improved data analytics and better customer experience.”

However, the commentary also notes that DeepSeek could have a negative impact on insurers’ ERM. The carriers that fail to identify risks associated with AI models or fail to build appropriate risk frameworks may see a negative impact on their business, particularly with regards to regulatory risk, execution risk and model risk.

The use of DeepSeek also could have a mixed impact on insurers’ operating performance, as significant spending on systems, talent or processes without tangible results could dampen performance. “Outcomes will largely depend on insurers’ ability to allocate resources strategically and in proportion to their operational scale and financial capacity,” said Huang. “Insurers that successfully execute their innovation strategies and manage the balance between short- and long-term profitability will be better positioned from a credit perspective.”

To access the full copy of this commentary, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=352374.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in New York, London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2025 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20250323195675/en/

Contact

Lucie Huang
Senior Financial Analyst
+852 2827 3414
lucie.huang@ambest.com

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Cynthia Ang
Senior Industry Research Analyst
+65 6303 5026
cynthia.ang@ambest.com

Source : AM Best

TELEDYNE UNVEILS TETRA LINE SCAN CAMERA FOR COST-SENSITIVE APPLICATIONS

KUALA LUMPUR, March 21 (Bernama) -- Teledyne DALSA, a Teledyne Technologies company and global leader in machine vision, has unveiled the new Tetra line scan camera family for cost-sensitive applications.

Designed for a wide range of machine vision applications, Tetra leverages Teledyne’s latest multiline CMOS image sensor technology and builds on the success of the original Linea series of high-value line scan cameras.

According to Teledyne DALSA in a statement, the Tetra camera family offers a high performance-to-cost ratio through its 2.5 GigE Vision interface, which ensures highly reliable data transmission over long cable lengths.

Available in 2k, 4k, and 8k resolutions with a line rate of up to 150 kilohertz (kHz), the camera comes in both monochrome and colour versions, with power consumption under six watts.

The monochrome models deliver excellent image quality with options for single monochrome or dual-line HDR mode, while the colour models provide true red, green, and blue colours without any data interpolation.

Tetra includes essential line scan features such as multiple regions of interest, programmable coefficient sets, and power over internet, in which its 2.5 GigE Vision interface makes it ideal for applications such as electronics inspection, optical sorting, and packaging inspection.

The Tetra line scan camera family will be showcased at Vision China, Shanghai, from March 26 to 28.

-- BERNAMA

EXTENDED VERSION OF AMTD’S THE LAST DANCE MOVIE TO RELEASE ON APRIL 4

KUALA LUMPUR, March 19 (Bernama) -- AMTD Group Inc (AMTD), alongside World Media and Entertainment Universal Inc (WME), a subsidiary of the group under AMTD Digital, jointly announced that AMTD’s latest movie, "The Last Dance: Extended Version", will be released to the public on April 4.

The extended version of The Last Dance will feature an additional 15 minutes of footage, including new scenes with acclaimed actors Kaki Sham and Vincent Kok, as well as additional scenes of Catherine Chau and Dayo Wong.

According to a statement, the additional footage enriches the story by delving deeper into the family background issues faced by Wong's character, Dominic Ngai.

As of the date of the announcement, the movie has achieved a global box office of US$50.7 million, becoming the highest-grossing Chinese-language film ever in Hong Kong history. (US$1=RM4.44)

Continuing to enjoy widespread acclaim following its original release in November last year, The Last Dance is also a clear front runner for various international film festivals, including 18 nominations in the 43rd Hong Kong Film Awards, the 18th Asian Film Awards; and the Hong Kong Film Directors' Guild Awards.

AMTD Group is a conglomerate with a core business portfolio spanning across media and entertainment, education and training, and premium assets and hospitality areas.

Meanwhile, jointly established by AMTD Group, AMTD IDEA Group, and AMTD Digital Inc, World Media and Entertainment focuses on global strategies and developments in multimedia, entertainment, and cultural affairs worldwide.

-- BERNAMA

HONG KONG SUPER MARCH HEATS UP WITH 2025 SEVENS AT ICONIC KAI TAK STADIUM

KUALA LUMPUR, March 19 (Bernama) -- Hong Kong Super March is in full swing, with 10 world-class events across sports, art, culture, and entertainment taking over the city this month.

The most anticipated event is the Cathay/HSBC Hong Kong Sevens 2025, scheduled from March 28 to 30 at the newly inaugurated Kai Tak Sports Park, according to the Hong Kong Tourism Board (HKTB) in a statement.

This year’s tournament marks a thrilling new chapter for the Hong Kong Sevens as it moves to the state-of-the-art, 50,000-seat Kai Tak Stadium, which opened its doors on March 1. The new venue promises to elevate the fan experience to new heights and reinforce Hong Kong’s status as a global hub for major events.

The Hong Kong Sevens will feature cutting-edge technology and increased capacity, providing fans with an unforgettable experience. The stadium is equipped with a retractable roof and an innovative bowl cooling system to ensure comfort for everyone, while The Champion sports bar, one of Asia's largest, offers an exciting atmosphere and a full Sevens experience.

Returning to the Sevens is the legendary South Stand, which is now bigger and better than ever. The upgraded South Terrace, featuring a panoramic glass wall with views of Victoria Harbour, provides a thrilling viewing experience. Fans can also enjoy free-flowing drinks with the South Stand SuperPass, available on a first-come, first-served basis.

This year’s Sevens will not only feature intense rugby action but also a spectacular entertainment lineup, including live performances by British rock band Kaiser Chiefs, DJ Pete Tong, and Italian singer GALA. The event will also feature a mesmerising laser and pyrotechnic show that promises to make the opening and closing ceremonies the biggest yet.

Beyond rugby, Kai Tak Sports Park offers a wealth of entertainment options. The nearby Kai Tak Mall boasts over 200 retail outlets and nearly 70 dining options, ideal for post-game relaxation.

Hong Kong Super March continues with other exciting events, including Art Basel Hong Kong, Art Central, and the international ComplexCon. Visitors can take advantage of over 160 deals across dining, attractions, and hotels.

-- BERNAMA

YeaH1 Group Reality Show Revolutionises Vietnam's Entertainment Industry

KUALA LUMPUR, March 14 (Bernama) -- In alignment with the Vietnamese government's directive to boost the cultural and creative industries, YeaH1 Group's reality music show, titled "Anh Trai Vuot Ngan Chong Gai", has emerged as a transformative force in the country’s entertainment sector.

An adaptation of MangoTV’s Call Me By Fire, this Vietnamese version became Vietnam Television’s highest-rated programme in 2024, topping YouTube’s trending charts, marking a significant leap towards establishing a globally recognised cultural industry that embraces innovation, nurturing talent, and meeting international standards.

Bringing together 33 distinguished men over the age of 30—including prominent figures in music, dance, film, sports, and photography—the show has transcended traditional reality competitions to become a cultural and social movement, according to a statement.

Through its innovative production, it has revitalised traditional Vietnamese art forms such as "Cheo" and "Cai luong", making the heritage more accessible to modern audiences, with one emotionally resonant performance contributing to raising funds for over 100 life-saving heart surgeries.

The show has set new standards in production quality, staging, and lighting, rivalling international counterparts, and has also reignited a passion for Vietnamese music among younger audiences, creating a new wave of music fandom.

With record-breaking television ratings and sweeping multiple national awards, the programme has garnered critical acclaim from industry experts and audiences alike and has been acknowledged by Vietnam’s Prime Minister, reflecting the government’s commitment to fostering a sustainable cultural industry.

Beyond television, the show has left a profound economic impact on Vietnam’s live entertainment sector. Concert tickets for four nights sold out within 90 minutes, with over 140,000 fans expected to attend—setting an industry record.

The programme has also spurred fan-led activities, charitable initiatives, and boosted related sectors such as tourism and advertising. On March 22, at Concert Day 3 in Ho Chi Minh City, fans will attempt to set a Guinness World Record for the Largest Gathering of People Wearing Traditional Vietnamese Clothing, further cementing its role in cultural preservation.

Further amplifying its influence, “Anh Trai Vuot Ngan Chong Gai - The Movie” will offer a cinematic tribute to the production team and participants. The documentary will capture raw and heartfelt moments, preserving the spirit of the show while contributing to the evolution of Vietnam’s entertainment industry.

As Vietnam accelerates efforts to build a dynamic entertainment sector, the show serves as a testament to how strategic investments, artistic excellence, and cultural preservation can enhance the nation’s global presence.

-- BERNAMA

GRADIANT WINS SECOND SEMICONDUCTOR WATER TREATMENT PROJECT IN DRESDEN AS H+E FULLY INTEGRATES UNDER ONE BRAND

 

Gradiant, a global leader in advanced water and wastewater treatment, announced a major contract to design and build an ultrapure water (UPW) facility for one of the world’s largest semiconductor manufacturers in Dresden, Germany. (Graphic: Business Wire) 

BOSTON, March 12 (Bernama-BUSINESS WIRE) -- Gradiant, a global leader in advanced water and wastewater treatment, today announced a major contract to design and build an ultrapure water (UPW) facility for one of the world’s largest semiconductor manufacturers in Dresden, Germany. This marks Gradiant’s second major semiconductor water treatment project in the city, reinforcing its position as the partner of choice for mission-critical water infrastructure in the world’s most advanced industries.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250311613693/en/

The project will be led by Gradiant’s Germany-based team, supported by its global process and project delivery experts in the United States, Taiwan, and Singapore. The new semiconductor manufacturing plant serves a key role in strengthening Europe’s semiconductor supply chain to meet the region’s growing demand for advanced chips.

In parallel, Gradiant announced the full integration of H+E into the Gradiant brand. The transition unites H+E’s century-long legacy in ultrapure and industrial water treatment with Gradiant’s advanced technology portfolio, solidifying Gradiant’s position as the premier provider of sustainable water solutions worldwide.

Since joining Gradiant in October 2023, H+E has signed and delivered several cutting-edge plants for essential industries. By creating strategic and operational synergies, bolstering financial strength and expanding the technology portfolio, Gradiant has been the ideal foil for H+E's rapid growth.

Over the past 18 months, the companies have successfully combined H+E’s engineering expertise in Europe with Gradiant’s differentiated solutions in water and wastewater treatment, PFAS removal and destruction, resource recovery of lithium and critical minerals, and green hydrogen production. The integration reflects Gradiant’s commitment to delivering a seamless client experience while accelerating the adoption of innovative and sustainable water technologies to all corners of the world.

"Water is the lifeblood of every major industry. The transition of H+E to Gradiant is a natural step in our journey to elevate water for the world’s essential industries," said Prakash Govindan, COO of Gradiant. "By uniting under one identity, we create greater potential to serve our customers with an unmatched portfolio of advanced technologies, end-to-end water solutions, and global expertise."

The transition will be fully completed by April 1, 2025, with all H+E operations and communications aligning under the Gradiant identity. Clients will continue to receive the same high-quality service from their trusted teams, backed more than ever, by Gradiant’s global network of expertise and resources.

This milestone underscores Gradiant’s leadership in delivering mission-critical infrastructure for the most advanced industries – at a global scale – and demonstrates its ability to create exponential value through strategic acquisitions.

About Gradiant

Gradiant is a Different Kind of Water Company. With a full suite of differentiated and proprietary end-to-end solutions for advanced water and wastewater treatment powered by the top minds in water, the company serves its clients' mission-critical operations in the world's essential industries, including semiconductors, pharmaceuticals, food & beverage, lithium and critical minerals, and renewable energy. Gradiant's innovative solutions reduce water used and wastewater discharged, reclaim valuable resources, and renew wastewater into freshwater. The Boston-headquartered company was founded at MIT and has over 1,200 employees worldwide. Discover us at gradiant.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250311613693/en/ 

Contact

Corporate
Felix Wang
Gradiant, Global Head of Brand
fwang@gradiant.com 

Source : Gradiant

--BERNAMA

XSOLLA LAUNCHES LOYALTY AS A SERVICE FOR GAME DEVELOPERS TO BUILD STRONGER CONNECTIONS WITH PLAYERS

 

^{Graphic: Xsolla}


Empowering Developers With Tools To Boost Retention, Increase Revenue, And Foster Deeper Engagement On Their Terms


LOS ANGELES, March 12 (Bernama-BUSINESS WIRE) -- Xsolla, a leading global video game commerce company, announces the launch of an innovative, customizable loyalty as a service solution designed to help developers seamlessly integrate rewards into their games’ purchase flows. This solution empowers developers to increase LTV and convert more non-paying players by enabling them to earn and redeem points, boosting engagement, retention, and recurring revenue while requiring minimal setup. The developers’ loyalty programs can be set up across direct-to-consumer stores, web shops, and Xsolla Pay Station for a seamless checkout experience for players.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250311773400/en/ 

Unlike programs offered by third-party platforms, Xsolla’s solution ensures developers retain complete control over user data and relationships while providing expert guidance and best practices to maximize efficiency. The program is fully customizable, allowing developers to tailor loyalty point titles, icons, and configurations to align with their games’ brand identity and player behavior.

Developers can create programs suited to their unique goals with features such as:

• Cashback Rewards: Offer players a percentage of their purchases as cashback points for discounts on future purchases
• Loyalty Points: Sell items players can exclusively redeem using points seamlessly integrated into direct-to-consumer platforms, like web shops, for mobile, PC, and web games
• Cross-Title Loyalty Programs: Publishers with multiple games can drive cross-marketing efforts by rewarding players across their entire catalog
• Tier-Based Rewards: Encourage players to reach spending milestones with rewards such as discounts, content, or personalized welcome gifts

These features ensure players can redeem loyalty points for discounts, exclusive content, or partial payments, creating a seamless and rewarding experience.

“While platforms are focused on building and maintaining their relationships with games, Xsolla is giving developers the tools to create personalized loyalty programs for direct-to-consumer journeys,” said Chris Hewish, Chief Strategy Officer at Xsolla. “It enables developers to drive player retention, increase revenue, and build stronger player relationships—all while maintaining complete control over the loyalty program mechanics.”

The Loyalty as a Service solution is designed to be easy to integrate via the Xsolla Publisher Account, eliminating the need for coding and accelerating time-to-market. Developers already accepting payments with Pay Station are offered a one-click experience to launch the solution for their stores, in-game or in-app.

For more information or to sign up for a Publisher Account, visit: xsolla.pro/rws25las

About Xsolla

Xsolla is a leading global video game commerce company with a robust and powerful set of tools and services designed specifically for the industry. Since its founding in 2005, Xsolla has helped thousands of game developers and publishers of all sizes fund, market, launch, and monetize their games globally and across multiple platforms. As an innovative leader in game commerce, Xsolla’s mission is to solve the inherent complexities of global distribution, marketing, and monetization to help our partners reach more geographies, generate more revenue, and create relationships with gamers worldwide. Headquartered and incorporated in Los Angeles, California, with offices in London, Berlin, Seoul, Beijing, Kuala Lumpur, Raleigh, Tokyo, Montreal, and cities around the world.

For more information, visit xsolla.com

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20250311773400/en/

Contact

Media Contact
Derrick Stembridge
Vice President of Global Public Relations, Xsolla
d.stembridge@xsolla.com

Source : Xsolla

SALESFORCE INVESTS US$1 BLN IN SINGAPORE TO DRIVE AI, DIGITAL TRANSFORMATION

KUALA LUMPUR, March 12 (Bernama) -- Salesforce, a global leader in artificial intelligence (AI)-powered customer relationship management (CRM), has announced a US$1 billion investment in Singapore over the next five years with the goal of accelerating digital transformation and Agentforce adoption. (US$1=RM4.40)

This investment underscores Salesforce's commitment to supporting Singapore’s National AI Strategy 2.0 and the nation’s role as a global AI innovation hub, according to Salesforce in a statement.

Salesforce Chair and Chief Executive Officer, Marc Benioff said: “Singapore is at the forefront of this shift, and we are excited to expand our work with the business community and our longtime partners to drive innovation, productivity and growth.”

The investment comes at a time when the global digital labour market, valued at US$6 trillion, is rapidly expanding. As Singapore faces a slowing labour force, Salesforce’s Agentforce platform presents an opportunity to enhance workforce capabilities, particularly in key service and public sector roles.

Salesforce plans to work closely with Singapore’s business community to enhance productivity, innovation, and growth through Agentforce. In addition to Agentforce, the company will support local enterprises by providing exclusive discounts, simplified integrations, and scalable solutions to help build digital workforces.

The company has been investing in Singapore for nearly 20 years, contributing to the development of groundbreaking AI technologies. The Singapore AI Research hub, launched in 2019, has played a pivotal role in the advancement of Salesforce's AI models and innovations, helping to shape future product developments.

Additionally, Salesforce is expanding its services on Hyperforce, its next-generation cloud architecture, to provide data residency for Data Cloud, Agentforce, and Unified Marketing Applications (UMA) by next month, ensuring compliance with data security regulations.

Salesforce is also committed to workforce development, partnering with local educational institutions to provide AI and CRM training through its Trailhead platform. As part of its corporate philanthropy, Salesforce has been actively contributing to local non-profits, dedicating time and resources to community initiatives.

-- BERNAMA

VEEMS CYPS

XSOLLA GOLD GIFT CARD TO ENHANCE PAYMENT FLEXIBILITY, BOOST DEVELOPER REVENUE

KUALA LUMPUR, March 11 (Bernama) -- Xsolla, a global video game commerce company, has launched the Xsolla Gold Gift Card, a flexible payment solution designed to enhance how gamers purchase, gift, and redeem virtual goods.

According to Xsolla in a statement, the Xsolla Gold Gift Card is available in physical and digital formats, providing players with an accessible and convenient way to engage with their favourite games across multiple platforms.

“We are excited to offer a gift card to help simplify how players purchase and share virtual goods while helping developers increase player retention and engagement through strategic integrations.

“The Xsolla Gold Gift Card allows us to continue innovating, enhancing how players interact with their favourite games and how developers can reach a broader audience,” said Xsolla Chief Strategy Officer, Chris Hewish.

Offering a seamless way for players to acquire in-game items, gift content to friends, and redeem rewards, the solution enriches players gaming experience and unlocks new revenue streams for developers while also enhancing brand visibility.

A game-changer for players and developers, the Xsolla Gold Gift Card offers flexible distribution options that include physical and digital cards, ensuring broad accessibility for players worldwide.

The payment solution also encourages players to share gaming experiences through gifting, fostering deeper connections within gaming communities. In addition, it provides monetisation opportunities, allowing for cross-promotions, retail brand partnerships, and exclusive offers that can drive revenue and player engagement.

Furthermore, the gift card is compatible with multiple platforms and games, catering to a diverse player base with various spending preferences.

The Xsolla Gold Gift Card will be available in various denominations, adapting to different player needs, whereby developers can integrate these cards into their ecosystems to enhance player engagement and drive monetisation via tailored campaigns and promotions.

-- BERNAMA

QUANTEXA UNLEASHES WAVE OF NEXT-GEN AI DECISION INTELLIGENCE AT QUANCON25

 

UK AI Leader makes a series of announcements to help customers and partners capitalize on the Operational Revolution of Data and AI at QuanCon25


LONDON, March 7 (Bernama-GLOBE NEWSWIRE) -- Quantexa, a global leader in Decision Intelligence solutions for the public and private sectors, today announced a series of innovative updates and launches across its platform at QuanCon25, its annual customer and partner ecosystem event. Hosted in London at Tobacco Dock, Quantexa highlighted its continued commitment to helping its customers get their data AI-ready, break down organizational silos, and transform decision-making in the era of AI.

A New Era of Decision Intelligence

At the heart of Quantexa’s innovations is its Decision Intelligence Platform, where its Contextual Fabric, is helping customers:

• Unify fragmented data using industry-leading entity resolution and graph technology.
• Enrich data with critical contextual insights to build a real-world representation of how data connections and relationships are impacting an organization.
• Empower their organizations to run contextual analytics that strengthen Gen AI efforts to drive smarter, more transformative decision-making at all levels of the enterprise.

Dan Higgins, Quantexa’s Chief Product Officer, also announced new Decision Intelligence platform capabilities, including:

• Advanced Language Parsers: Now supporting non-Latin scripts such as Japanese—with Chinese and Arabic capabilities on the horizon—enabling organizations to process multilingual data with ease.
• Scalable Knowledge Graphs: Capable of connecting over one billion nodes, these graphs provide deep insights into hidden risks and growth opportunities.
• Real-Time Entity Streaming: Delivering up-to-date insights for fraud detection, know-your-customer (KYC), and master data management (MDM) through ultra-high volume data streaming.
• Enhanced User Experiences: A revamped search and localization interface that ensures users can interact with the platform in their native language, thereby reducing onboarding times and driving engagement.

Higgins also gave a sneak peek into significant platform innovations coming in 2025, which include:

More Support for Unstructured & Expanded Data Formats

• New Natural Language Processing (NLP) pipeline to manage and analyze unstructured data at scale and in multiple languages.
• Contextual insights extracted from internal documents, which incorporate unstructured data from intelligence reports, open-source intelligence (OSINT), and news content.
• The ability to leverage distillation and fine-tuning to deliver hyperscale LLM performance at the efficiency of small local models.

New Workflow and Case Management Capabilities

• A new end-to-end workflow builder to enhance decisioning processes with consistency, traceability, and collaboration.
• The ability to streamline processes for use cases such as data stewardship, escalation decisions, suspicious activity report (SAR) filing, and claims processing.
• Designed for highly regulated environments with improved alerting and reporting capabilities.

Revolutionizing Data Management

• Evolving from traditional methods to a modern, contextual fabric that provides trusted, current, and universally accessible data.
• AI-powered quality assessment and automated root cause analysis for critical source data.

Delivering Tangible Business Impact

To understand its return-on-investment (ROI), Quantexa commissioned a Total Economic Impact study with leading industry analyst house Forrester and a diverse portfolio of customers spanning banking, insurance, telecommunications, and the public sector. The study found that Quantexa’s Decision Intelligence Platform has delivered measurable benefits per use case, including:

• Nearly $8 million in data management efficiency savings.
• Approximately $15 million in operational efficiencies.
• Over $19 million in risk reduction and compliance savings.

Quantexa Founder & CEO, Vishal Marria said: “These results demonstrate that when your data is trusted and contextual, it drives better decision-making and significant bottom-line impact in the era of AI.”

Breaking New Ground with AI and Cloud Solutions

Two major announcements further cemented Quantexa’s Decision Intelligence leadership:

• Q Assist: A context-aware generative AI solution suite designed to democratize access to trusted data, augment decision-making, and provide real-time insights to front-line teams will be available for Early Access in April 2025.
• Quantexa Cloud: A comprehensive suite of native SaaS industry solutions, launching with Quantexa Cloud AML on Microsoft Azure, is available for Customer Preview. This innovative solution, developed in close collaboration with community and mid-size banks in the US, streamlines and modernizes anti-money laundering workflows for faster time to value and strengthened compliance.
• Jamie Hutton, Quantexa’s Chief Technology Officer, highlighted live demonstrations illustrating how these solutions are revolutionizing financial crime detection and operational intelligence by connecting disparate data sources into actionable insights.

Strengthening Strategic Partnerships

Quantexa also highlighted its growing partnership with Microsoft, a collaboration that has delivered transformative industry solutions on the Azure Marketplace. Key initiatives include:

• The public and private preview launch of Quantexa Unify Workload for Microsoft Fabric, empowering organizations to enhance data quality and eliminate silos in a unified, scalable platform.
• Success stories from marquee customers including HSBC, Novobanco, and RSA, who are leveraging Microsoft and Quantexa technology to accelerate their data and AI transformation journeys.

Looking Ahead: The Launch of Q Labs

Quantexa detailed the official launch of Q Labs, a dedicated hub to accelerate groundbreaking ideas and provide a path from concept to commercialization including exploring emerging technologies, accelerating product innovation, and solving complex customer challenges.

Q Labs is currently developing several exciting projects, including:

• Simulation Lab: Helping businesses model real-world scenarios before making critical decisions.
• Supply Chain Intelligence: Leveraging AI to create smarter, more resilient supply chains.

Parsa Ghaffari, Head of Product Innovation, said: “Working hand-in-hand with our engineering and GTM organizations, we turn breakthrough ideas into real-world impact —propelling our customers and partners to their next bold step faster than ever before."

Recognizing Our Partners

The company also took a moment to honor its key strategic partners. The event featured the presentation of the Innovation Partner of the Year Award to Accenture, whose visionary approach has powered groundbreaking generative AI solutions, and the Growth Partner of the Year Award to KPMG, whose collaborative efforts have significantly expanded Quantexa’s global footprint. Quantexa were thrilled to be joined by their sponsoring partners at this year’s QuanCon25 - PWC, Microsoft, Databricks, Moody’s and Dun & Bradstreet.

To watch QuanCon25 on-demand, please visit https://www.quancon.com/.

About Quantexa
Quantexa is a global AI, data and analytics software company pioneering Decision Intelligence to empower organizations to make trusted operational decisions with data in context. Using the latest advancements in AI, Quantexa’s Decision Intelligence platform helps organizations uncover hidden risk and new opportunities by unifying siloed data and turning it into the most trusted, reusable resource. It solves major challenges across data management, customer intelligence, KYC, financial crime, risk, fraud, and security, throughout the customer lifecycle. 

The Quantexa Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. An independently commissioned Forrester TEI study on Quantexa's Decision Intelligence Platform found that customers saw a three-year 228% ROI. Founded in 2016, Quantexa now has over 800 employees and thousands of platform users working with billions of transactions and data points across the world. 

Media Enquiries 

C: Stephanie Crisp, Fight or Flight  

E: Quantexa@fightorflight.com 

OR 

C: Adam Jaffe, SVP of Corporate Marketing 

T : +1 609 502 6889 

E : adamjaffe@quantexa.com   


SOURCE : Quantexa Limited

PLANTO WINS ADB’S AWARD, EMPOWERING SOUTHEAST ASIA’S SMES WITH AI-DRIVEN FINANCIAL SOLUTIONS

KUALA LUMPUR, March 6 (Bernama) -- Planto, a Hong Kong-headquartered fintech company, has been recognised as a winner of the AI for SMEs Challenge by the Asian Development Bank (ADB).

This recognition reinforces the company’s dedication to empowering small and medium enterprises (SMEs) in Southeast Asia with artificial intelligence (AI)-driven financial solutions that make a real impact, according to Planto in a statement.

Planto Chief Executive Officer and Co-founder, Ankit Suri emphasised the transformative power of AI in improving financial access for SMEs, furthering the company's mission to provide smarter solutions for businesses.

Meanwhile, its Co-founder, Apinun Narkhan added that the recognition highlights the potential for collaboration between fintechs and financial institutions to drive lasting positive impacts for SMEs in the region.

Planto’s approach is centred on enhancing credit assessment and expanding funding access for SMEs by ensuring fair, data-driven evaluations. The company also supports financial management and education, equipping business owners with tools to navigate their financial journey with confidence.

By leveraging large language models (LLMs) for digitisation, Planto streamlines financial processes and reduces friction for SMEs, all while preparing them for the future of Open Finance.

Going forward, Planto will be enabled by ADB Digital Learning Labs, sharing various insights with ADB staff and partner banks across Southeast Asia with an aim to strengthen financial inclusion and build a more resilient SME ecosystem.

The grant fund for the fintech innovation challenges was received from the High-Level Technology Fund financed by the Government of Japan and administered by ADB.

-- BERNAMA

TWILIO PARTNERS WITH SINGTEL TO DELIVER SECURE, BRANDED RCS MESSAGING FOR BUSINESSES IN SINGAPORE

Interactive and trusted messaging builds trust and strengthens customer engagement

SINGAPORE, March 3 (Bernama-BUSINESS WIRE) -- Twilio (NYSE: TWLO), the customer engagement platform that drives real-time, personalised experiences for today’s leading brands, is partnering with Singtel, Asia’s leading communications technology group to offer businesses in Singapore a platform to connect with their customers through secure and branded messaging, directly in their mobile inboxes.

With consumer expectations around data privacy and security on the rise, businesses worldwide need to establish trust with customers when interacting with them – and Rich Communications Services (RCS) Business Messaging has emerged as an avenue for brands to accomplish that. In Singapore, Twilio’s 2024 Consumer Preferences report found that nearly 8 in 10 Singapore consumers (79%) will trust a brand’s communication more if it includes a verification badge, while almost 7 in 10 (68%) report that receiving a branded text message will make a brand more trustworthy.

“As consumers grow increasingly savvy and discerning, they demand trusted and immersive experiences at every touchpoint. RCS messaging offers an enhanced alternative to SMS and bridges the gap between traditional messaging and the interactive experiences offered by over-the-top channels. It provides the perfect solution to deliver interactive, dynamic communications while assuring customers of the sender’s identity,” said Robert Woolfrey, Vice President, APJ, Communications at Twilio. “We’re thrilled to partner with Singtel to empower businesses in Singapore to deliver exceptional customer experiences and foster trusted, meaningful relationships.”

“Businesses in Singapore must adapt to the evolving expectations of consumers who are seeking more immersive interactions, especially through their mobile devices. Our partnership with Twilio, enables businesses in Singapore to tap on RCS messaging to deliver rich and interactive communications that can improve their engagement with their customers in new and exciting ways,” said Terence Lai, VP of Digitalisation, Products and Partnerships at Singtel.

Twilio makes it simple to start leveraging and benefitting from RCS:

· Automatic upgrade: Twilio intelligently upgrades SMS messages to RCS on supported devices. RCS messages up to 160 UTF-8 characters are priced the same as standard SMS making it a cost-effective upgrade.
· Immediate testing: Branded profiles can be built directly in the Twilio Console to begin testing with designated devices immediately.
· Zero code changes: Once the sender is approved, it can be activated in the Console without any code modifications, API integrations, or changes in configurations. Twilio manages registration and onboarding with international carriers, capability checks, and provides tools to ensure messages are delivered over SMS when RCS is not available.
· Improved Metrics: Businesses can leverage valuable data and insights into customer engagement including RCS read receipts within existing Twilio dashboards.
 
Singapore marks the first Asian country where Twilio is offering RCS Business Messaging (RBM). Businesses across diverse sectors in the United States, France, Germany, the United Kingdom, Mexico, Brazil, and other countries are already using Twilio's RBM solutions to improve customer engagement. This expansion into Singapore underscores Twilio's commitment to bringing rich, interactive messaging capabilities to more businesses globally.

For more information on Twilio’s RCS services and how they can empower your brand to deliver trusted, personalised communications at scale, please visit Twilio’s website.

About Twilio

Today's leading companies trust Twilio's Customer Engagement Platform (CEP) to build direct, personalized relationships with their customers everywhere in the world. Twilio enables companies to use communications and data to add intelligence and security to every step of the customer journey, from sales to marketing to growth, customer service and many more engagement use cases in a flexible, programmatic way. Across 180 countries, millions of developers and hundreds of thousands of businesses use Twilio to create magical experiences for their customers. For more information about Twilio (NYSE: TWLO), visit: www.twilio.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250227016336/en/ 

Contact

Shelina Mahtani (APJ PR Lead)
smahtani@twilio.com

Source : Twilio

--BERNAMA

MAVENIR AND E& UAE ANNOUNCE MULTI-YEAR STRATEGIC TECHNOLOGY PARTNERSHIP AT #MWC25 STARTING WITH COLLABORATION IN CONVERGED 5G PACKET CORE

 

BARCELONA, Spain, March 5 (Bernama-GLOBE NEWSWIRE) -- Mavenir, the cloud-native network infrastructure provider, and e& UAE, telecom arm of global technology group e&, announced a collaboration to advance e& UAE’s future of cloud-native converged packet core networks across 4G, 5G (NSA and SA) at Mobile World Congress in Barcelona. This marks a significant milestone in the journey towards next-generation connectivity and digital transformation.

This long-term partnership leverages cutting-edge technologies and advanced features, including AI-enabled 5G services, automation, and orchestration. This robust infrastructure is designed to support a wide range of future use cases, from enhanced mobile broadband and ultra-reliable low-latency communications to massive machine-type communications.

With Mavenir and e& UAE coming together, it sets the stage for innovative use cases, including smart cities, autonomous vehicles, industrial IoT, and immersive AR/VR experiences using the latest AI technology. The converged packet core environment ensures seamless transition and readiness for 6G capabilities, paving the way for future advancements in connectivity supporting the expanding business needs of e& UAE.

Pardeep Kohli, President and CEO of Mavenir: "We are thrilled to partner with e& UAE in deploying a state-of-the-art 5G core network. This collaboration underscores our commitment to driving innovation and delivering cutting-edge solutions that empower our customers. The advanced features and technologies integrated into this network will unlock new possibilities and set the foundation for future 6G capabilities."

Khaled Al Suwaidi, core networks and platforms, e& UAE, said: "Our successful collaboration with Mavenir marks a significant step forward in our mission to provide world-class connectivity and digital services to our customers. The deployment of this advanced 5G core network not only enhances our current offerings but also positions us at the forefront of technological innovation. We look forward to exploring new areas together in AI, automation, orchestration, digital BSS, and RCS, to continue delivering exceptional value to our customers."

Mavenir and e& UAE are committed to ongoing collaboration in various domains to drive continuous innovation and deliver transformative digital experiences to customers across the region.

About Mavenir

Mavenir is building the future of networks today with cloud-native, AI-enabled solutions which are green by design, empowering operators to realize the benefits of 5G and achieve intelligent, automated, programmable networks. As the pioneer of Open RAN and a proven industry disruptor, Mavenir’s award-winning solutions are delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ Communications Service Providers in over 120 countries, which serve more than 50% of the world’s subscribers. For more information, please visit www.mavenir.com

About e& UAE

e& UAE is the flagship telecom arm of e& in the UAE, built on a 5-decades legacy of connectivity excellence. Our mission is to deliver world-class superior connectivity experiences that fuel the UAE’s future-focused innovation.

Leveraging the latest world-class technologies, e& UAE aims to transform lives and industries, turning every connection into an opportunity for growth and every interaction into a transformative possibility.

We are focused on expanding our core services and digital marketplaces by enriching consumer value propositions that cater to new lifestyles and emerging demands beyond core telecom services, including health, insurance and gaming.

As a trusted enterprise partner, e& UAE continues to power entire industries with 5G and AI, delivering a tailored ecosystem of solutions to meet their connectivity needs and more, empowering them to automate, innovate, transform, and scale.

Strengthening our leadership position as an AI-powered telco, e& UAE delivers seamless connectivity, cutting-edge AI solutions, and sustainable innovation to uplift people and communities, and empower businesses and industries, so everyone thrives in a digital-first world.

To learn more about e& UAE, please visit: https://www.etisalat.ae

Media Contacts

For more information, please contact:

• Mavenir Media Relations: pr@mavenir.com
   
• e& UAE Media Relations: mediaoffice@eand.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5719a435-212f-48b7-b56f-e318b5f9a125 


SOURCE : Mavenir Systems, Inc.