Thursday, December 18, 2025

HONG KONG’S NON-LIFE INSURERS SUSTAIN PROFITABLE UNDERWRITING - AM BEST



KUALA LUMPUR, Dec 18 (Bernama) -- Hong Kong’s non-life insurance industry has shown an ability to sustain profitable underwriting over the past five years, supported by the performance in the general liability and property damage lines of business, according to a new AM Best report.

The global credit rating agency said accident & health (A&H) coverage remained the largest contributor to gross written premiums (GWP) between 2020 and 2024, followed by general liability, which includes employees’ compensation, and property damage.

When combined with motor, these four lines accounted for nearly 89 per cent of Hong Kong’s non-life segment GWP of HK$100.5 billion (US$12.9 billion) in 2024, AM Best said in a statement. (US$1=RM4.07)

The report noted that the industry’s overall operating profit reached HK$8.1 billion in 2024, including HK$3.3 billion in undiscounted underwriting profits. The 10 largest direct non-life insurers generated a combined underwriting profit of HK$552.8 million, representing about 17 per cent of the market’s total underwriting profit.

“The overall performance of Hong Kong’s non-life market is driven by factors such as increased consumer awareness, ongoing regulatory initiatives, and the development of the Guangdong-Hong Kong-Macao Greater Bay Area project,” said AM Best senior financial analyst, Stephanie Mi.

She added that a stable economic environment has also contributed to the sector’s resilience.

Based on data by the Hong Kong Insurance Authority, AM Best’s analysis stated that the direct non-life segment remains highly competitive, with no single insurer holding more than a 10 per cent market share. The non-life segment has maintained a generally stable momentum, recording GWP growth of around three to eight per cent annually from 2020 to 2023.

A&H insurance continues to be a key growth area, driven by rising demand for travel insurance and group medical coverage, especially in the post-pandemic period.

AM Best cautioned that moderate economic expansion combined with external headwinds could increase capital market volatility, potentially affecting asset prices and financial stability.

-- BERNAMA

Sunday, December 14, 2025

Patton’s CopperLink CL-SFP Ethernet Extender Wins 2025 Innovators Award

KUALA LUMPUR, Dec 12 (Bernama) -- Patton, a United States-based networking and communications technology manufacturer, announced its CopperLink CL-SFP Ethernet Extender has won the 2025 Innovators Award from Cabling Installation & Maintenance magazine.

Judged by an esteemed and experienced panel of senior third-party experts from the cabling industry, award applications were evaluated based on innovation, value, sustainability, collaboration, and impact.

“Patton has been miniaturising communication technologies for decades. The new CL-SFP is the smallest form factor Ethernet Extender ever. We are honoured to accept the Innovators Award from Cabling Installation and Maintenance,” said its Senior Product Manager for Connectivity, Gary Portellas in a statement.

Meanwhile, Cabling Installation & Maintenance Chief Editor, Patrick McLaughlin said this competitive programme allowed the magazine to celebrate and recognise the most innovative products, projects, technologies, and programmes impacting the industry.

“On behalf of the Cabling Installation & Maintenance Innovators Awards, I would like to congratulate Patton on their gold-level honouree status,” added McLaughlin.

The CopperLink CL-SFP delivers high-speed, long-range Ethernet connectivity up to 20,000 feet over existing copper infrastructure. The product is a small form-factor pluggable (SFP) Ethernet extender that integrates with routers, switches, and media converters, extending connections up to 6.2 kilometres at speeds of up to 18 megabits per second (Mbps).

Patton recently secured NIST SP 800-171 and CMMC Level 2 compliance, assuring stakeholders that the company is committed and equipped to manage sensitive government data securely and responsibly.

-- BERNAMA

Datavault AI Inc. (NASDAQ: DVLT) Announces a Distribution Date of Dec. 24, 2025, for the Dream Bowl Meme Coin Tokens to All Eligible Record Equity Holders of Datavault AI and Holders of Common Stock of Scilex Holding Company

PHILADELPHIA, Dec 12 (Bernama-GLOBE NEWSWIRE) -- via IBN-- Datavault AI Inc. (NASDAQ: DVLT) (“Datavault AI” or the “Company”), a leader in data monetization, credentialing, and digital engagement technologies, today announced that its board of directors (the “Datavault Board”) has set Dec. 24, 2025, as the distribution date for the Dream Bowl 2026 Meme Coin token (the “Meme Coin”) to all eligible record equityholders of Datavault AI. Dec. 24, 2025, will also be the distribution date for Datavault AI’s voluntary distribution of Meme Coins to record holders of common stock of Scilex Holding Company (NASDAQ: SCLX), which is being made as a token of Datavault AI’s appreciation for Scilex’s relationship with Datavault AI as a significant stockholder of Datavault AI, licensing partner and co-sponsor of the Dream Bowl XIV event to be held on Jan. 11, 2026. The previously announced record date for the distribution of the Meme Coins was Nov. 25, 2025.

Datavault AI expects to begin mailing detailed instructions, on or about Dec. 12, 2025, regarding wallet setup, token access, and distribution procedures to stockholders of record of both Datavault AI and Scilex on the books and records of the transfer agents of Datavault AI and Scilex. Datavault AI also expects to file a Current Report on Form 8-K with the Securities and Exchange Commission on or about the same date outlining such instructions.   Any stockholders of Datavault AI and/or Scilex that hold their shares of common stock of Datavault AI and/or Scilex in “street name” through a brokerage firm, bank, dealer or other similar organization should receive such instructions and other information from their broker, bank, dealer or other similar organization once such organizations receive the instructions from Datavault AI.

In order to receive the Meme Coins, all eligible recipients will be required to open a digital wallet with Datavault AI and execute an Opt-In Agreement, pursuant to which such holders will agree, among other things, to the payment conditions set forth therein, and acknowledge that such holders understand the process for receiving the Meme Coins, that the Datavault Board can change the record date or payment date or revoke the distribution prior to the payment date, and that the Meme Coins may not have or maintain any value.

Datavault AI remains firmly committed to stockholder value creation and continuous innovation. Datavault AI will commemorate the upcoming Dream Bowl XIV through this one-time distribution of the Meme Coins to eligible record equity holders of Datavault AI and record holders of common stock of Scilex. Each holder will receive an exclusive commemorative digital collectible designed with utility features, including immutable proof of ownership, embedded ticketing details, and exclusive content related to invited athletes, game highlights, and event access. The Meme Coins will be airdropped to DataVault® wallets beginning on Dec 24, 2025, subject to recipients opening a digital wallet with Datavault AI and executing an Opt-In Agreement (including to provide any additional documentation requested by Datavault AI to verify any shares of common stock of Datavault AI and/or Scilex that are held in “street name” with a brokerage firm, bank, dealer or other similar organization).

The record date for the distribution may be changed by the Datavault Board for any reason at any time prior to the actual distribution date, and payment of the distribution is conditioned upon the Datavault Board not having revoked the distribution prior to the distribution date, including for a material change to the solvency or surplus analysis presented to the Datavault Board. 

The Meme Coin is a digital collectible intended solely for personal, non-commercial use in connection with the Dream Bowl XIV event to be held on Jan. 11, 2026. The Meme Coin does not: (i) represent or confer any equity, voting, dividend, profit-sharing, or ownership rights in Datavault AI or any other entity; (ii) provide any right to receive monetary payments, distributions, or appreciation; or (iii) create any expectation of profit or reliance on the managerial or entrepreneurial efforts of Datavault AI or others. The Meme Coin is not designed or intended to function as an investment, currency, or financial product, and it is not being offered, sold, or distributed for fundraising or capital-raising purposes. Use of the Meme Coin is limited to entertainment, event-access, and digital-collectible functions. Any transferability features are provided solely to support personal digital item portability and not to facilitate or imply investment or speculative use.

The Meme Coins will be tradeable on Datavault AI’s proprietary Information Data Exchange, which acts as a digital marketplace where registered buyers and sellers can securely exchange payment for data assets, including the Meme Coins. Datavault AI will notify holders of Meme Coins via email when they can commence trading the Meme Coins on the Information Data Exchange. Datavault AI currently anticipates that trading of the Meme Coins on such exchange will commence on or about Jan. 11, 2026. Holders of Meme Coins may also be able to export the Meme Coins to other digital wallets. While there will be no fees associated with an eligible holder of Datavault AI securities or Scilex common stock opening a digital wallet with Datavault AI for purposes of accepting the Meme Coins in the Distribution, trades of Meme Coins made on the Information Data Exchange will incur ordinary course trading fees that are based on transaction value and embedded within the terms of the applicable smart contract. Meme Coins that are exported to and traded on other trading platforms or digital exchanges may be subject to additional fees not imposed by Datavault AI.

About Datavault AI

Datavault AI™ (Nasdaq: DVLT) is leading the way in AI driven data experiences, valuation and monetization of assets in the Web 3.0 environment. The Company’s cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Science and Data Science Divisions. Datavault AI’s Acoustic Science Division features WiSA®, ADIO® and Sumerian® patented technologies and industry-first foundational spatial and multichannel wireless HD sound transmission technologies with IP covering audio timing, synchronization and multi-channel interference cancellation. The Data Science Division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation and secure monetization. Datavault AI’s cloud-based platform provides comprehensive solutions serving multiple industries, including HPC software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and more. The Information Data Exchange® (IDE) enables Digital Twins, licensing of name, image and likeness (NIL) by securely attaching physical real-world objects to immutable metadata objects, fostering responsible AI with integrity. Datavault AI’s technology suite is completely customizable and offers AI and Machine Learning (ML) automation, third-party integration, detailed analytics and data, marketing automation and advertising monitoring. The Company is headquartered in Philadelphia, PA. Learn more about Datavault AI at www.dvlt.ai.

Forward-Looking Statements

This press release contains “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws) about Datavault AI Inc. (“Datavault AI,” the “Company,” “us,” “our,” or “we”) and our industry that involve risks and uncertainties.  In some cases, you can identify forward-looking statements because they contain words, such as “may,” “might,” “will,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “goal,” “objective,” “seeks,” “likely” or “continue” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. The absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements, including, but not limited to, statements regarding future events, Datavault AI’s potential distribution of the Dream Bowl 2026 Meme Coin and the timing thereof (including that the Datavault Board may change the record date and, as a result, the payment date thereof), are necessarily based upon estimates and assumptions that, while considered reasonable by the Company and its management, are inherently uncertain. Readers are cautioned not to place undue reliance on these and other forward-looking statements contained herein.

Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: risks related to legal proceedings that may be instituted against the parties regarding the Meme Coin and the distribution thereof to Datavault AI’s eligible equity holders and/or Scilex holders of common stock; risks associated with the right of the Datavault Board to change the record date (and therefore the payment date) of, and/or to revoke, the distribution of the Meme Coin; changes in economic, market, or regulatory conditions; uncertainties regarding valuation methodologies and third-party reports; risks relating to evolving regulatory frameworks applicable to tokenized assets; risks associated with technological development and integration; and other risks and uncertainties as more fully described in Datavault AI’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including its Annual Report on Form 10-K for the year ended Dec. 31, 2024 and other filings that Datavault AI makes from time to time with the SEC, which are available on the SEC’s website at www.sec.gov, and could cause actual results to vary from expectations.

The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Datavault AI undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. Datavault AI may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on such forward-looking statements. Datavault AI’s forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures or investments it may make.

Investor Contact:
800.491.9665
Media Inquiries:
marketing@dvlt.ai
Corporate Communications:
IBN
Austin, Texas
www.InvestorBrandNetwork.com
512.354.7000 Office
Editor@InvestorBrandNetwork.com 

SOURCE: Datavault AI Inc. ​

DISCLAIMER: BERNAMA MREM 
are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

--BERNAMA

Friday, December 12, 2025

Dmitry Shubov Attends Premier FinTech Gathering at Hong Kong FinTech Week x StartmeupHK Festival

CEBU CITY, Philippines, Dec 11 (Bernama-GLOBE NEWSWIRE) -- Dmitry Shubov, founder of Dmitry Shubov Consulting, attended the Hong Kong FinTech Week x StartmeupHK Festival held in November 2025. This large and prestigious financial technology (fintech) exhibition unites the world's leading fintech players. These players share knowledge regarding trends, technologies, and chances for business partnerships and alliances.

Hong Kong FinTech Week x StartmeupHK Festival always draws a diverse crowd of finance technology professionals, policy makers, and investors. It is recognized as one of the most pivotal events that not only showcases current advancements in fintech but also promotes an engaging and inclusive ecosystem where startups can grow and network.

The event featured speeches from industry pioneers, panel discussions, and workshops focused on various aspects of fintech growth, from regulatory challenges to the integration of artificial intelligence and blockchain technology. Along with networking and knowledge sharing, the sessions cover regulations, investment, and the technology needed to scale up or enter new markets.

“It was inspiring to witness the level of innovation and collaboration at the Hong Kong FinTech Week. Hong Kong FinTech Week x StartmeupHK Festival highlighted the importance of business adaptation in today’s fast-paced fintech environment. Startups that look toward international expansion into markets, such as the US, can benefit greatly from the speakers and collaborators at this event,” says Dmitry Shubov, founder of Dmitry Shubov Consulting.

For legal technology startups in Southeast Asia that are looking to expand into the US market, attending Hong Kong FinTech Week x StartmeupHK Festival can be extremely beneficial. An additional resource is Dmitry Shubov Consulting, a consulting firm that specializes in the planning, investing, and guidance toward international business success.

Dmitry Shubov is hoping to leverage the knowledge and connections acquired from participating in the Hong Kong FinTech Week to help startups with international expansion. Contact Dmitry Shubov Consulting to learn more about how to address business expansion challenges.

About Dmitry Shubov Consulting

At Dmitry Shubov Consulting, our mission is to connect accredited investors with groundbreaking legal technology startups, fostering innovation and growth across Southeast Asia and helping Asian businesses enter the U.S. market. For more information, please visit our website or contact us directly.

Media Contact:
support@dmitryshubovconsulting.com 

SOURCE: Dmitry Shubov Consulting

--BERNAMA 

Thursday, December 11, 2025

EZVIZ brings unbeatable double 12 magic across Southeast Asia, celebrating smarter living with exclusive offers on smart home gadgets


KUALA LUMPUR, Malaysia, Dec 11 (Bernama-GLOBE NEWSWIRE) -- This festive season, EZVIZ, the trusted smart companion for families across Southeast Asia, is bringing a wave of joy and security with irresistible offers on its most popular smart products. As the year draws to a close, there’s no better time to refresh your home with EZVIZ’s innovative gadgets, ensuring you and your loved ones step into the new year wrapped in comfort, care, and protection.

Forget the stress of deal-hunting, EZVIZ has you covered with exclusive savings on the most sought-after smart cameras. Whether you want to fortify your home’s interior or bolster its outdoor security, EZVIZ’s thoughtfully crafted products make smart living more accessible than ever. Here are some must-have highlights:

H8c Outdoor Pan & Tilt Wi-Fi Camera
Ditch the outdated cameras and take your security seriously. The H8c’s 360-degree coverage leaves no corner unchecked, while smart person detection and auto-tracking follow every move, ensuring you never miss a thing. Built for all weather, it delivers crystal-clear video, day or night, and enables you talk directly to anyone through two-way communication. Easy to set up and use, because home security should work without any stress.

C6N G1 Indoor Outdoor Pan & Tilt Wi-Fi Camera
The C6N G1 is a no-brainer for anyone wanting full coverage at an affordable price. With 4K video and simple setup, security doesn’t get easier or smarter than this indoor camera. Its 350° pan and 85° tilt provide a complete view for tight spots or high mounting. Smart motion detection zooms in on what matters, giving only the alerts you need. The extra vertical tilt ensures you capture everything from top to bottom, whether it’s a visitor entering the room or the pet running around. Day or night, the video is crystal-clear, and two-way audio keeps you connected.

H7c Dual-Lens Indoor Pan & Tilt Wi-Fi Camera
Take your home security up a notch with the H7c Dual. It offers the best of both worlds: a wide-angle fixed lens for full-room coverage and a pan-and-tilt lens to zoom in on what matters. It guards with eyes and ears: with loud‑noise detection and smart human‑shape alerts, you’re notified only when it really counts. A quick tap starts two‑way talk for instant check in or response. With 2K+ video and color night vision, it sees clearly day and night, without complicated setup or a high price.

H9c Dual Lens Indoor Pan & Tilt Wi-Fi Camera
Ready to see your security as it should be? The H9c Dual gives you the answer: a wide-angle lens that blankets your space and a pan-and-tilt lens that zeroes in on the action. It’s intuitive, automatically tracking movement and focusing where it counts, so you never miss a detail. 2K clarity makes every frame crystal clear, while color night vision and spotlights ensure nothing stays hidden in the dark.

Contact: Charlene Li lixiaolan15@ezviz.com 

SOURCE: Hangzhou EZVIZ Network, Co, LTD.

Wednesday, December 10, 2025

Penguin Solutions Expands SMART Modular DDR5 SODIMM Memory Portfolio with New 64GB DDR5-6400 ECC CSODIMM for Next-Gen HPC

 

Table

Penguin Solutions new SMART Modular DDR5 SODIMM memory modules deliver rugged performance and extended temperature support for industrial, edge, and telecom applications.


High-capacity DDR5-6400 ECC CSODIMM delivers rugged performance and extended temperature support for industrial, edge, and telecom applications


FREMONT, Calif., Dec 10 (Bernama-BUSINESS WIRE) -- Penguin Solutions, Inc. (Nasdaq: PENG), a leading provider of high-performance computing and AI infrastructure solutions, today announced the release of its SMART 64GB DDR5-6400 ECC CSODIMM memory modules, the newest addition to its broad DDR5 SODIMM lineup.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251209435224/en/ 

Designed for high-performance computing (HPC) in industrial, edge, telecom, and networking systems, the new module supports both commercial-temperature (C-temp) and industrial-temperature (I-temp) options, engineered to provide reliable operation in harsh environments. The compact CSODIMM form factor delivers higher density and faster bandwidth with error correction capability (ECC) to meet the demanding requirements of next-generation platforms.

“Adding a 64GB DDR5-6400 ECC CSODIMM strengthens SMART’s leadership in ruggedized, high-performance memory solutions,” said Arthur Sainio, director of Integrated Memory DRAM product marketing at Penguin Solutions. “Industrial and networking customers now have access to both high-capacity and wide-temperature support in a very compact DDR5 SODIMM design.”

The CSODIMMs include a CKD (clock driver) that regenerates and amplifies the clock signal for maintaining signal integrity, synchronicity timing and reducing errors at high speeds.

With the introduction of the 64GB capacity point, SMART’s DDR5 SODIMM family now spans 16GB to 64GB, including capacities of 16GB, 32GB, 48GB, and now 64GB. This expansion enables system designers to choose the optimal memory density and performance profile for their application needs.

Key features of the SMART 64GB DDR5-6400 ECC CSODIMM include:
  • Capacity: 64GB (expanding DDR5 SODIMM portfolio from 16GB–64GB)
  • Data rate: up to 6400 MT/s
  • ECC support for improved reliability
  • Compact CSODIMM form factor for space-constrained systems
  • Available in C-temp and I-temp for harsh deployment conditions
Sampling of the new DDR5-6400 ECC CSODIMM is available now. For more information, visit www.penguinsolutions.com under Our Products - Integrated Memory.

SMART Modular Technologies is a trademark or registered trademark of Penguin Solutions, Inc. or its affiliates. All other trademarks are the property of their respective owners.

About Penguin Solutions, Inc.

SMART Modular Technologies, a Penguin Solutions brand, helps customers around the world enable high performance computing through the design, development and advanced packaging of integrated memory solutions with a portfolio that ranges from today’s leading edge memory technologies to standard and legacy DRAM and Flash storage products. For more information, visit: www.penguinsolutions.com.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20251209435224/en/

Contact

Product Marketing
Arthur Sainio
Director of Integrated Memory DRAM Product Marketing
Penguin Solutions
39870 Eureka Dr., Newark, CA 94560
1-510-364-3647
arthur.sainio@smartm.com

Media
Maureen O’Leary
Director of Communications
Penguin Solutions
1-602-330-6846
pr@penguinsolutions.com

Source : Penguin Solutions, Inc.

Vedanta Resources Posts Strong H1 Revenue, EBITDA Growth

KUALA LUMPUR, Dec 8 (Bernama) -- Vedanta Resources Limited (VRL), a global transition metals, critical minerals, energy and technology company, posted stronger financial performance in the first half of fiscal year 2026 (H1FY26), with revenue rising eight per cent to US$9.367 billion, driven by favourable commodity prices and operational efficiencies. (US$1=RM4.10)

The company also recorded a six per cent rise in earnings before interest, tax, depreciation and amortisation (EBITDA) to US$2.752 billion, while profit after tax before special items increased seven per cent to US$738 million.

VRL’s net debt to EBITDA ratio improved to 2.0 times, with cash and cash equivalents of US$2.628 billion. Return on capital employed held at about 23 per cent, which the company said reflected disciplined capital deployment across its portfolio.

In a statement, the company said it refinanced US$550 million of high-cost debt, reducing overall interest cost to around 10 per cent and extending its average maturity to roughly 4.5 years.

In the first half, the company invested nearly US$0.9 billion in growth capital expenditure (capex) and delivered record production across multiple segments. Aluminium output inched up one per cent to 1,222 kilotonnes (kt), alumina rose 19 per cent to 1,240 kt, and Zinc India’s mined metal production increased one per cent to 523 kt.

Konkola Copper Mines ramped up output following its restart, recording 41 kt of metal in concentrate and 51 kt of finished volumes.

Notably, the Vedanta group’s aluminium company, BALCO, produced its first metal from what VRL described as India’s most powerful 525-kiloampere smelter, while Lanjigarh in Odisha delivered the first alumina from its expanded refinery.

S&P Global and Moody’s upgraded VRL’s outlook to Positive, while Fitch affirmed its B+/Stable rating, citing an improved credit profile supported by refinancing progress and steady operational performance across subsidiaries.

-- BERNAMA

Monday, December 8, 2025

DIGITAL REALTY ADDS ORACLE CLOUD INFRASTRUCTURE FASTCONNECT ACCESS IN SINGAPORE

KUALA LUMPUR, Dec 8 (Bernama) -- Digital Realty, an Oracle Partner, has announced it will offer connectivity to an Oracle Cloud Infrastructure (OCI) FastConnect point-of-presence (PoP) within the Oracle Cloud Singapore West Region.

The company is also establishing an Oracle Solution Center in Singapore through its global data centre platform, PlatformDIGITAL, giving customers a secure environment to design, test and validate hybrid and artificial intelligence (AI) architectures.

“The launch of OCI FastConnect in Singapore marks an important step in our continued partnership with Oracle and ongoing commitment to helping customers deploy cloud and AI workloads with speed and confidence.

“Together with Oracle, we are enabling enterprises to seamlessly connect to the cloud, scale AI innovation, and future-proof their digital infrastructure in Asia Pacific and around the world,” said Digital Realty Managing Director and Head of Asia Pacific, Serene Nah in a statement.

The new connectivity will provide customers in Southeast Asia with low-latency access and improved redundancy by adding a second on-ramp to OCI in the region, while allowing customers to support hybrid, AI-enabled and cloud-adjacent workloads more effectively.

OCI offers best-in-class security, consistent high performance, predictable pricing and the tools needed to bring enterprise workloads to the cloud quickly and efficiently.

Its global network of more than 110 FastConnect partners provides dedicated connectivity to Oracle Cloud Regions and OCI services worldwide.

Earlier this year, Digital Realty participated as an ecosystem partner at the launch of the Oracle AI Centre of Excellence in Singapore, which was established to help organisations train teams, experiment in secure cloud environments, and gain the expertise needed to transform critical business operations.

-- BERNAMA

Saturday, December 6, 2025

UnionPay Hosts Global Partners Conference 2025 - Innovations in Open Payments: Sharing Success in Payment Connectivity, Building a Connected Global Payment Network with the New Four-Party Model

 

UnionPay hosts Global Partners Conference 2025. 


SHANGHAI, Dec. 4, 2025 /Xinhua-AsiaNet/--

On November 28, 11 cross-border payment cooperation documents were signed in Shanghai, China, between UnionPay and 11 major institutions, including the Bank of China, PayNet (Malaysia), Uzcard (Uzbekistan), HUMO (Uzbekistan), IPC (Kyrgyzstan), Hong Leong Bank (Malaysia), OCBC Bank (Singapore), Banco do Brasil (Brazil), FonePay (Nepal), and Bluecode (Austria).

These signings were key achievements of the UnionPay Global Partners Conference 2025 - Innovations in Open Payments: Sharing Success in Payment Connectivity. The event gathered representatives from 72 organizations worldwide, including central banks, commercial banks, and payment institutions to witness a broader range of achievements.

Bridging Borders: a Connected Global Payment Network

Amid evolving global trade and economic dynamics, a cross-border and connected payment systems has become an international consensus. Starting in Asia, UnionPay launched payment connectivity collaborations with partners in Thailand, Vietnam, Laos, Indonesia, Malaysia, Cambodia, and Singapore, later expanding to South America and Africa. In total, UnionPay is working with partners in about 50 countries and regions worldwide to build a connected global payment network.

As Mr. Dong Junfeng, Chairman of China UnionPay and UnionPay International stated in his remarks, tens of millions of micro, small, and medium-sized merchants worldwide now have access to UnionPay's inclusive and extensive global network, unlocking China's huge consumer markets, vitalizing global economic. Building a connected global network is a long-term, collective endeavor. UnionPay pursues mutually beneficial partnerships that leverage strengths of both issuing and acquiring sides for industry shared growth and fair profits distribution.

Shared Value: an Open and Inclusive New Four-Party Model

To adapt to the evolving payment industry, UnionPay has been building an open and inclusive New Four-Party Model. Integrating bilateral and multilateral connections, the new model incorporates extended stakeholders, including account providers such as wallet operators and mobile device manufacturers, as well as acceptance side players like acquiring service providers and aggregators.

The Industrial and Commercial Bank of China (ICBC) Card Center has long collaborated closely with UnionPay. In November 2025, it became the first bank to issue the UnionPay multi-currency card in Turkey. In the China-Vietnam QR payment linkage project, the two enabled reciprocal acceptance of merchant QR codes, exemplifying payments' role in advancing Bilateral exchanges.

Mr. Setiawan Cosmas Suwono, Head of Committee - International Payment Systems at the Indonesian Payment System Association (ASPI), noted that QRIS -- Indonesia's national QR code standard was launched in 2019. This year, ASPI and UnionPay signed an MOU and initiated system integration and mutual recognition of standards, enhancing cross-border payment speed and transparency.

As part of the ASPI project, Bank of China Jakarta Branch provides local currency settlement, exemplifying how stakeholders can play their roles in making international payments more efficient, secure, and convenient.

Mr. Sidney D. Massunaga, Head of Assets and Liabilities, Wealth and Personal Banking at HSBC, cited the HSBC Pulse UnionPay Dual Currency Diamond Credit Card and the PayMe wallet as iconic collaboration, drawing on their strengths in customer reach, use cases, and service capabilities to deliver smoother and more cost-effective payment solutions. HSBC will continue working with UnionPay to enhance payment connectivity.

During the Conference, Mr. Guo Dayong, Vice Chairman and President of China UnionPay, announced the Joint Initiative on Open Payments. 72 institutions committed to a connected and value-sharing global payment network upholding openness, mutual benefits, standards compatibility, security, and controllability.

For Future: AI Adoption in Payments

Efficiency and security are the twin pillars of payment requiring equal emphasis. While cross-border connectivity benefits tens of millions of small and medium-sized merchants, longer transaction chains and complex data pose new challenges to risk management. The risk profile of cross-border payments differs markedly from that of local transactions. Tracing high-risk activities such as money laundering and detecting fraud accurately have become a key concern for regulators and financial institutions around the world.

"UnionPay's solution is AI," said Mr. Dong Junfeng. Existing large AI models can verify merchant authenticity using a single photo, and outperform human judgment in monitoring high-risk transactions. By accurately reconstructing fund flows, such models have reduced the time to respond to cross-border fraudulent transactions from two or three days to just one day.

Also AI is profoundly transforming the entire payment value chain, making payments smarter, faster, and more efficient. UnionPay is fostering an AI ecosystem through joint innovation with research institutes, industry partners, and leading universities, sharing outcomes to drive industry-wide AI-powered growth.

Guided by the vision of "Trusted Ties, Shared Success", UnionPay will continue collaborating with global partners under the New Four-Party Model to build an efficient and secure connected global payment network. It aims to support global payment industry development and ensure the real economy and users worldwide can benefit from fast, safe, and reliable payment services.

Source: UnionPay

--BERNAMA


Thursday, December 4, 2025

Singapore Firms Shine At All About AI Tech4Good Awards In India

KUALA LUMPUR, Dec 4 (Bernama) -- Singapore Technologies Engineering (ST Engineering) and Singapore Smart Tech made a strong impact at the second edition of the All About AI Tech4Good Awards held in India, curated by Mint and Salesforce.

ST Engineering won Silver for Best Use of AI in Sustainability, while Singapore Smart Tech secured Silver for Best Use of AI in Health & Sanitation. Both companies were among 14 Southeast Asian winners demonstrating practical and ethical applications of artificial intelligence (AI) across critical sectors.

The 2025 edition received 293 entries across Asia, with Singapore submitting 46 entries. Participants spanned startups, research institutes, academia, and large enterprises, reflecting the country’s full innovation ecosystem, according to Mint in a statement.

“We stand at a pivotal moment where the confluence of human ingenuity and technological capability presents an unprecedented opportunity.

“Initiatives like Tech4Good help amplify this mission. Let us innovate with unwavering purpose and a clear vision for a better, brighter world,” said Salesforce South Asia President and Chief Executive Officer, Arundhati Bhattacharya.

The programme also featured a fireside chat between Bhattacharya and OpenAI Head of Education (India & Asia Pacific), Raghav Gupta, discussing the future of AI in learning, skilling, and workforce transformation.

Singapore’s strong performance at the Tech4Good Awards underscores its ambition to be a global hub for trusted AI. The nation continues to adopt AI across public services and invest in talent through universities and industry partnerships, supporting startups and deep-tech innovators.

As the Tech4Good platform expands across Southeast Asia, Singapore solidifies its role as a regional leader in ethical, transformative, and purpose-driven AI.

-- BERNAMA

Acuity Knowledge Partners rebrands to Acuity Analytics and launches new website

LONDON and NEW YORK, Dec 3 (Bernama-GLOBE NEWSWIRE) -- Acuity Knowledge Partners today announced its rebrand to Acuity Analytics, the new trading name for the firm. This change reflects the firm’s journey into a global leader in insight, analytics, data and AI-enabled solutions. The new brand is supported by a redesigned website that gives clients a clear and up to date view of the firm’s expanded capabilities and the integrated business that Acuity has become.

For 23 years, Acuity’s success has been driven by its people. The firm has been built on deep domain expertise, strong analytical judgement, insightful research and a commitment to delivering high-quality services for financial services clients. From this foundation, Acuity Analytics is growing into new industries, new capabilities and new markets, forging deep and long-standing partnerships with many of the world’s leading financial institutions.

As client needs and technology have evolved, so has the business. Acuity Analytics now brings together over 7,200 specialists across 28 global locations, supporting 800+ clients with research, analytics, data and operational solutions. The firm has also expanded its engineering, cloud and digital capabilities through the integration of PPA Group in 2024 and Ascent in 2025, strengthening its ability to deliver more complete, end-to-end support, aligned to evolving client needs.

Technology, and specifically AI, now play a central role in Acuity Analytics’ work, but people remain at the core. The firm’s strategy is built on the principle that AI is most effective when it is guided by specialists who deeply understand client data, workflows and decision-making. Acuity’s proprietary agentic AI platform, Agent Fleet, enhances delivery by automating routine tasks and improving speed and accuracy, while domain experts ensure every output meets the standards, bespoke requirements and judgement clients expect. This human in the loop approach is now fundamental to how the firm delivers insight, innovation and impact.

The new Acuity Analytics website reflects this evolution. Designed around client needs, it provides a clear structure, showcases the firm’s blend of talent, technology and capability, and makes it easy for clients to understand how Acuity Analytics can support their priorities, whether through dedicated teams, AI-enabled workflows or broader digital transformation.

Robert King, Chief Executive Officer, Acuity Analytics, said:

“Our people have always been the heart of this business. Their expertise and commitment are the reason we’ve grown to partnering with over 800 institutions globally. At the same time, we’ve recognised the opportunity that technology and AI bring to our work. This rebrand captures that journey; a business built on exceptional people, now strengthened by advanced technology. I’m incredibly proud of what Acuity Analytics has become and excited about what this next chapter means for our clients and our staff.”

Emma Crabtree, Chief Revenue Officer, Acuity Analytics, said:

“Clients want partners who understand their industry and can support them with both specialist talent and modern technology. Our evolution to Acuity Analytics reflects that. The new brand and website give clients a clearer view of our full capability and how we combine domain expertise, data, digital and AI to deliver measurable impact. This positions us to support clients even more effectively as their needs continue to evolve and we enable them on that journey.”

About Acuity Analytics

Acuity Analytics is the trading name of Acuity Knowledge Partners, a global leader in delivering bespoke research, data management, analytics and AI-enabled solutions to financial institutions and corporates. With more than 7,200 analysts, data specialists and technologists across 28 locations, the firm combines deep financial-services expertise with strong engineering, digital and AI capability. Acuity supports over 800 organisations in enhancing efficiency, improving insight and unlocking human potential.

Acuity was established as a separate business from Moody’s Corporation in 2019 following its acquisition by Equistone Partners Europe. In January 2023, funds advised by global private equity firm Permira acquired a majority stake, with Equistone remaining invested as a minority shareholder.

For more information, visit www.acuityanalytics.com

Media enquiries:

Stuti Das

Global Head of Communications and PR

Acuity Analytics

stuti.das@acuitykp.com

SOURCE: Acuity Knowledge Partners (UK) Limited

--BERNAMA

Wednesday, December 3, 2025

Teledyne announces Xtium3 PCIe Gen4 frame grabber series for ultra-fast image acquisition


MONTREAL, Dec 3 (Bernama-GLOBE NEWSWIRE) -- Teledyne DALSA, a Teledyne Technologies [NYSE: TDY] company, announces the release of the Xtium™3 PCIe Gen4 family, a next-generation frame grabber engineered to deliver maximum sustained throughput and ready-to-use image data for high-performance industrial applications.

Building on the proven Xtium2 platform, the first model, Xtium3-CLHS PX8 supports the Camera Link HS® (CLHS) standard over the PCI Express™ Gen 4.0 interface. This single-slot, single-cable solution accommodates up to seven CLHS lanes, each operating at 10.3125 Gbps (72.2 Gbps in total), enabling acquisition bandwidths of 8.6 GB/s and host transfer rates of up to 13.2 GB/s via a PCIe Gen4 x8 slot.

Key features and benefits:
  • High-speed data transmission  ̶ Utilizes CLHS X-protocol with over 97% packet efficiency and 64/66-bit encoding. Supports long cable lengths exceeding 30 meters using 7-lane AOC cables
  • Real-time data forwarding  ̶ Redistributes incoming data to up to 12 computers via standard AOC cables for distributed image processing
  • Optimized performance  ̶  PCIe Gen4 architecture delivers sustained throughput of 13.2 GB/s directly to host memory, reducing CPU load and accelerating image processing
  • Broad compatibility  ̶  Supports area and line scan, monochrome and color cameras, delivering exceptional performance for Camera Link HS (a future model will support CoaXPress®)
  • Advanced image processing  ̶  Enables multi-plane HDR processing for Teledyne’s Linea™ HS2 16K camera
  • Software support  ̶  Fully compatible with Teledyne’s Sapera™ LT Software SDKs and third-party software for seamless integration.
The Xtium3 series is designed to meet the demands of modern machine vision systems, offering robust performance, scalability, and flexibility for a wide range of industrial applications.

Fully supported by Teledyne’s Sapera LT Software SDKs, the Xtium3 series empowers developers and integrators to build robust, high-speed imaging systems with minimal overhead and maximum flexibility.

For more details, please visit the product page, and for sales enquiries, visit our contact page.

Teledyne Vision Solutions offers the world’s most comprehensive, vertically integrated portfolio of industrial and scientific imaging technology. Aligned under one umbrella, Teledyne DALSA, e2v CMOS image sensors, FLIR IIS, Lumenera, Photometrics, Princeton Instruments, Judson Technologies, Acton Optics, and Adimec form an unrivalled collective of expertise across the spectrum with decades of experience and best-in-class solutions. Together, they combine and leverage each other’s strengths to provide the deepest, widest sensing and related technology portfolio in the world. Teledyne offers worldwide customer support and the technical expertise to handle the toughest tasks. Their tools, technologies, and vision solutions are built to deliver to their customers a unique and competitive advantage.

Media Contact:
Jessica Broom
Jessica.broom@teledyne.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a834e18a-07c3-4500-a00e-14010390bd4f 


SOURCE: Teledyne DALSA

Thursday, November 27, 2025

‘More Than’ – Axi launches new campaign featuring Manchester City stars


SYDNEY, Nov 28 (Bernama-GLOBE NEWSWIRE) -- Axi, a financial leader in online CFD and FX trading, has unveiled their latest campaign – More Than, featuring Manchester City stars, Nathan Aké, Oscar Bobb, and Omar Marmoush.

Hannah Hill, Head of Brand and Sponsorship at Axi, shared her enthusiasm for the broker’s new campaign, saying: “Since partnering with Man City since 2020, these years have been nothing short of extraordinary both for the club and Axi. Man City are more than a football club, and Axi is more than a broker. We’re both driven by more than success; we’re powered by ambition, innovation, and passion. Being More Than is our way of life – and our new campaign brings it to life.”

As the Official Online Trading Partner of Manchester City, Axi has created compelling content through the years to showcase their brand. Last season, the broker’s ‘Four Years’ campaign celebrated their four years of collaboration with the club, reflecting on their achievements, and reaching new heights together.

In addition to its partnership with Manchester City, Axi is also the Official LATAM Online Trading Partner of LaLiga club, Girona FC and the Official Online Trading Partner of Brazilian club, Esporte Clube Bahia. In 2023, Axi also named England international John Stones as its Brand Ambassador – a collaboration that has recently been renewed, reaffirming the broker’s commitment to innovation, excellence, and the world of football.

Watch campaign here: https://youtu.be/tnMCx92MaZA

About Axi

Axi is a global online FX and CFD trading brand, with thousands of customers in 100+ countries worldwide. Axi offers CFDs for several asset classes including Forex, Shares, Gold, Oil, Coffee, and more.

For more information or additional comments from Axi, please contact:  mediaenquiries@axi.com

Learn more about Axi here: http://www.axi.com

About Manchester City Football Club:  

Manchester City FC was initially founded in 1880 as St Mark’s West Gorton and officially became Manchester City FC in 1894. Situated on the wider Etihad Campus, the Club’s footprint includes the 53,500 capacity Etihad Stadium, the 7,000 capacity Joie Stadium and City Football Academy, a state-of-the-art performance, training and youth development facility home to the Club’s men’s, women’s and academy teams.  

Ranked as the Most Valuable Football Club Brand in the Premier League by Brand Finance, Manchester City FC is currently developing a best-in-class fan experience and year-round entertainment and leisure destination at the Etihad Campus. The Club is committed to operating in a sustainable and socially responsible manner and ensures that equality, diversity and inclusion is embedded into its decision-making processes, culture and practices. 

71.25% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0196fa0f-43ca-4b62-a4bd-92aa0b95d284 

SOURCE: Axi Financial Services (UK) Limited

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