Tuesday, 3 October 2017

FINTECH TINUBU SQUARE SECURES €53M INVESTMENT FROM LONG ARC CAPITAL & BPIFRANCE

PARIS, Oct 3 (Bernama-BUSINESS WIRE) -- Tinubu Square, a leading provider of trade credit risk management solutions, announces the investment of €53 million from Long Arc Capital and Bpifrance to accelerate the development of its technology solutions for credit and surety insurers, trade finance banks and export credit agencies. With this capital injection, US-based investment firm Long Arc Capital takes a majority stake in Tinubu Square, while Bpifrance, a shareholder since 2011, reaffirms its role as a long-term shareholder by participating in this strengthening of equity capital through its fund Large Venture.
 
A key step in the evolution of Tinubu Square, enabling digital transformation of the trade credit industry.
 
http://mrem.bernama.com/viewsm.php?idm=30202

ETHERPARTY THWARTS SITE ATTACK ON SUCCESSFUL ICO LAUNCH DAY


Company will compensate affected contributors with FUEL tokens

VANCOUVER, British Columbia, Oct 2 (Bernama-GLOBE NEWSWIRE) --Vancouver-based Etherparty today launched the official public crowdsale for their FUEL token, the cryptocurrency that will power self-executing digital agreements on the user-friendly smart contract platform. One hour after the ICO officially went live, the company identified a potential security issue, caused by a fraudulent contribution address, and temporarily shut down the website to protect all participants.

Etherparty’s site was later restored after the issue was resolved at 11:35 A.M. PDT, after going offline for 90 minutes. The blockchain company has promised to compensate any affected contributors, with its proprietary FUEL token, prior to the temporary website shutdown at 10 A.M. PDT.

“We have received overwhelming support from our investors, partners and the community throughout the fine-tuning process for Etherparty,” said Kevin Hobbs, CEO of Etherparty. “Unfortunately, this also means unwanted attention in the form of phishing and hacking attempts despite the vigilance of our tech and support team.”

“Our team has been consistently and successfully thwarting potential security issues to avoid further escalation,” commented Lisa Cheng, Founder of Etherparty. “However, we do acknowledge and apologize for the temporary disruption to our otherwise successful launch day. Etherparty is eager and committed to compensating all affected contributors for the inconvenience.” 

Monday, 2 October 2017

ASSIA'S CLOUDCHECK(R) MOBILE APP FOR SERVICE PROVIDERS

Announcing Enhanced Field Technician Tools to Increase Dispatch Effectiveness and Improve Subscriber Wi-Fi

REDWOOD CITY, Calif., Sept 29 (Bernama-GLOBE NEWSWIRE) -- Adaptive Spectrum and Signal Alignment, Inc. (ASSIA®).  ASSIA, the market leader in software solutions that deliver reliable fast broadband and optimized Wi-Fi to the home, introduces enhanced Wi-Fi mobile tools for field technicians.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/034dbf23-8fa8-4a37-b33d-ceae1983d837

The CloudCheck® Wi-Fi optimization platform enables visibility, control, and self-healing of residential Wi-Fi networks.  The CloudCheck mobile APP provides a set of powerful and easy-to-use diagnostics tools for field techs and subscribers to validate, diagnose, and resolve Wi-Fi and broadband problems at the customer premise.  As a result, operators can improve the efficiency and effectiveness of customer dispatches.

The new enhanced tools in the CloudCheck app allow field techs and subscribers to perform essential self-care functions:

  • PERFORMANCE - Broadband and Wi-Fi Performance Testing:
    Quickly and easily measure BOTH broadband and Wi-Fi speeds to detect performance bottlenecks occurring in the subscriber’s home.  CloudCheck is the only solution to measure actual Wi-Fi throughput separately from Broadband.  In addition, test results can also be saved and accessed when needed by the operator care center.
     
  • INSTALL ASSIST - Wi-Fi Repeater and Extender Installation Assist:
    Homes experiencing severe coverage issues may be candidates for a repeater or extender to improve coverage.  The CloudCheck Sweetspots® tool measures, saves, and compares Wi-Fi speed and coverage throughout the entire house, guiding the installer in determining the best location to install a repeater or extender.
       
  • Wi-Fi HEALTH - Wi-Fi Device Diagnostics and Optimization:
    Identifies and resolves issues affecting the Wi-Fi and broadband network with diagnostics, optimization, and guided recommendations.  View the Wi-Fi health for every device connected to the subscriber’s network with remote access capability. 

CGAP LAUNCHES GUIDE FOR FINANCIAL SERVICE PROVIDERS TO BETTER MEET THE NEEDS OF LOW-INCOME CUSTOMERS

Washington, D.C., Sept 29 (Bernama-GLOBE NEWSWIRE) -- CGAP today launched the Customer-Centric Guide, a web-based collection of toolkits and experiments to help financial service providers deliver products and services that better meet the needs of low-income customers.

The number of people with a financial account grew by 721 million between 2011 and 2014, reducing the ranks of the unbanked by 20 percent to 2 billion. While the number of people with formal financial accounts is growing worldwide, many poor people seldom use them, suggesting they find the accounts have little value.  According to the World Bank’s Global Findex report, in developing countries about 20 percent of adults left their accounts unused for at least a year. For banks, mobile money services and other financial providers, this represents a lost business opportunity after spending an estimated $13.3 billion to open these accounts. For poor customers, it limits their opportunities to build financial resilience, make choices and improve their lives.

The CGAP Customer-Centric Guide is designed to help bridge this gap between financial access and usage.

“In a world where low-income customers make little use of financial services, providing value is the missing part of the puzzle,” said Gerhard Coetzee, Lead Financial Sector Specialist at CGAP. 

Customer centricity is not a new business concept, but learning how to better understand poor people and offer the financial products and services they want and will use is a crucial way to extend business value and support financial inclusion. Coetzee said, “Every interaction a customer has with your organization, products or services, in person or online, is an important part of a customer experience. When an offering is intuitive, speaks to customers’ needs and is easy to use, value increases. Customers who are poor and often marginalized will feel empowered, and it helps them to move towards economic freedom.”

CGAP has begun testing various tools and approaches outlined in the Guide with over 15 partners in Africa and Asia, increasing its potential to help low-income customers.  Among them is Zoona, a financial technology startup that offers mobile-based money transfer, payments and accounts in southern Africa.  One of its largest branches is in Zambia, where Zoona has credited CGAP’s customer segmentation exercises for helping it recognize that agents are an important customer base and part of improving the overall customer interaction and experience. In the Philippines, with CGAP’s help CARD Pioneer Microinsurance Inc. has adopted a customer journey mapping process to better understand their low-income customers.  

Greta Bull, CGAP CEO said, “CGAP works with its partners to generate insights that are actionable, can be practiced, refined, improved and embedded in the institution. It is about creating a feedback loop and understanding what the barriers are to using a service for poor people. It is about being aware of what is driving that and how you overcome those barriers so that as a business you can add value to your firm and to your customers.”

The CGAP Customer-Centric Guide provides a wealth of knowledge, practical resources and real-life case studies on ways businesses can improve the customer experience, better serve low-income customers, and at the same time improve their business performance.  Its four main sections are:
  1. Why Go Customer-Centric: Put customers at the center and move your organization toward long-term competitive advantage.
  2. Learn from Customers: Learn how to understand your customers’ behaviors, needs and wants and generate the insights you need to start delivering the right solutions.
  3. Design Solutions: Build products and services with customers in mind. Once you draw insights from your customers, you can design for better adoption and use.
  4. Organize for Delivery: When customer insights drive strategy, products, and experiences, your organization can be fully customer-centric.
Explore the CGAP Customer-Centric Guide:
http://customersguide.cgap.org/

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/f79d4f28-ea97-4783-b969-ff14dcd37f12

Esther Lee Rosen
CGAP
+1 202 458 0147
erosen@worldbank.org

Source : CGAP

--BERNAMA

PUBMATIC APPOINTS NICHOLAS KOVAC AS NEW JAPAN COUNTRY MANAGER

Adds senior executive to Japan leadership team

TOKYO, Oct 2 (Bernama-BUSINESS WIRE) -- PubMatic, a publisher-focused sell-side platform for an open digital media future, announced today the appointment of Nicholas (Nick) Kovac to the role of Country Manager Japan. Kovac joined the company to further develop its growing portfolio of Japan based accounts and strategic partnerships. Kovac comes with a wealth of experience within the industry, having worked with OpenX, A9 (an Amazon Company) and Google to launch ad technology solutions into the Japanese market. Kovac will be based in Tokyo and report into Jason Barnes, Vice President of Asia Pacific at PubMatic, based in Singapore.

http://mrem.bernama.com/viewsm.php?idm=30193

PDL COMMUNITY BANCORP ANNOUNCES COMPLETION OF THE REORGANIZATION OF PONCE DE LEON FEDERAL BANK AND ITS STOCK OFFERING

NEW YORK, Oct 2 (Bernama-GLOBE NEWSWIRE) -- PDL Community Bancorp (the “Company”), the federally-chartered holding company for Ponce Bank (the “Bank”), announced today that the reorganization of Ponce De Leon Federal Bank into a mutual holding company structure and the Company’s stock offering in connection with the reorganization has been completed.

The Company issued and sold 45.0% of its outstanding shares to subscribers in the stock offering, which includes the Bank’s Employee Stock Option Plan (“ESOP”).  Additionally, the Company issued 3.3% of its outstanding shares to the newly-formed charitable foundation, the Ponce De Leon Foundation, a charitable foundation formed in connection with the reorganization and dedicated to supporting charitable organizations operating in the Bank’s local communities. The remaining 51.7% of the Company’s outstanding shares were issued to Ponce Bank Mutual Holding Company, the Company’s federally-chartered mutual holding company.

http://mrem.bernama.com/viewsm.php?idm=30190

MIRAIT TECHNOLOGIES CORPORATION ESTABLISHES A BRANCH OFFICE IN SINGAPORE

TOKYO, Sept 29 (Bernama-BUSINESS WIRE) -- MIRAIT Technologies Corporation (Head office: Nishi-Ku, Osaka, President: Kouichi Takahatake) is proud to announce the opening of branch office in Singapore.

(Purpose of the new Branch Office)

MIRAIT Technologies Corporation (MTC), a telecommunication engineering company is expanding its business in Asia Pacific region. MTC actively collaborates with APAC Partners to create new market for IT engineering and service sector focusing on design, construction, system integration and maintenance of communication facility.
http://mrem.bernama.com/viewsm.php?idm=30180