Friday, 22 February 2019
Women entrepreneurs empowered via ASEAN-Japan Linkage Programme
KUALA LUMPUR, Feb 19 (Bernama) – The ASEAN-Japan Centre (AJC) recently organised the 3rd ASEAN-Japan Women Entrepreneurs’ Linkage Program (AJWELP), co-hosted by SME Corporation Malaysia here.
The governments of the ASEAN Member States and Japan are committed to promote development of micro, small and medium enterprises, including women entrepreneurs’ empowerment to enhance more gender equality societies.
To boost the effort, AJC launched AJWELP, a support programme for women entrepreneur start-ups in ASEAN Member States to forge linkages among start-ups, companies and mentors.
AJWELP was first held in Manila, the Philippines in 2016, followed by Jakarta, Indonesia in 2017.
Malaysia’s Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail delivered a keynote address, sharing facts of women-owned SMEs in Malaysia and how the Malaysian Government supported them.
Dr Wan Azizah, who is also women, family and community development minister, said the programme would have greater success in empowering women within the ASEAN region as it was already in its third consecutive year of implementation.
The programme highlighted a business presentation where start-ups from the 10 ASEAN Member States presented their businesses and challenges. Representatives of companies and mentors, who are also senior entrepreneurs attended the presentation.
After the event, company representatives decided which start-ups they would support, in line with company businesses.
The co-founder of Kloth Malaysia, Nik Suzila Nik Hassan is the finalist for Malaysia. Kloth Malaysia is a textile recycling company.
Meanwhile, Hernan Corporation Sdn Bhd Group Chief Executive Officer, Anna Teo is the Malaysian mentor in the programme.
AJC is an inter-governmental organisation, established by the ASEAN Member States and Japan in 1981. It has been promoting exports from ASEAN to Japan while revitalising investment, tourism as well as people-to-people exchanges.
-- BERNAMA
Strategy implementation firm, BTS named Top 20 Assessment and Evaluation Company
KUALA LUMPUR, Feb 20 (Bernama) -- BTS, a leading global strategy implementation firm, was named a Top 20 Assessment and Evaluation Company by Training Industry, marking its 32nd award in 2018.
BTS has decades of experience in the assessment and industrial/organisational psychology space. Its wide range of cutting-edge assessments combine traditional techniques with customised leadership and business simulation exercises.
The company has also developed a new approach to situational judgement tests, evaluating an employee’s behavioural judgement during critical moments throughout the day.
“It is an honour to be named as Training Industry’s Top 20 Assessments and Evaluation Companies,” said BTS Assessments Partner and Head, Dr Sandra Hartog.
“BTS has a wide range of solutions that can be used across the employee lifecycle, from selection to development at all levels. We are excited to continue developing new technologies and advancing these capabilities in the future,” she said.
Selection was made based on company’s diversity of assessment capabilities, quality and innovativeness of evaluation techniques, company size and growth potential, quality and number of clients or users, as well as awards, recognition and competitive differentiation.
Full list of the winners is available at https://trainingindustry.com.
-- BERNAMA
SUN LIFE MALAYSIA TAKAFUL JOIN HANDS TO RAISE AWARENESS ABOUT TAKAFUL
KUALA LUMPUR, Feb 21 (Bernama) -- Sun Life Malaysia Takaful Bhd has pledged its support to the Race for Cover Towards Takaful 2020 (RFCTT 2020) Programme organised by the Malaysian Takaful Association since July 2018 until Dec 2020.
RFCTT 2020 is aimed at raising awareness about takaful (Islamic insurance) to Malaysians, especially Family Takaful coverage within the community, increasing takaful penetration rate and reducing the protection gap in the country.
“During the tenure of the RFCTT Programme, the key takaful product that will be promoted via our main bank distributor is Takaful Mulia,” Sun Life Malaysia Takaful chief executive officer Muhammad Fikri Mohamad Rawi said in a statement today.
“Takaful Mulia is one of our most innovative products as it provides the right balance between protection, savings and spiritual fulfilment.
“It helps Malaysians to not only leave something for their loved ones upon their demise, but also fulfill their religious obligations of waqf (endowment), zakat (tithe), and sadaqah (charity),” he said.
Based on Bank Negara Malaysia’s Financial Stability and Payments Report 2016, even among the insured or covered population, there is an estimated average protection gap of RM553,000 to RM723,000 per family, which is the amount needed for them to maintain their existing standard of living if a primary wage earner passed away.
This translates into a shortfall in takaful coverage of RM200,000 per individual.
Muhammad Fikri said Takaful Mulia provides two types of benefits, namely financial and protection, as well as spiritual benefits.
For the former, some of the Takaful Mulia’s benefits are a lump sum amount of 100 per cent of the sum covered plus the value of universal account in the event of death/ total permanent disability (TPD).
An additional lump sum amount of 100 per cent of sum covered will be provided in the event of accidental death/TPD at the mosque/surau or while performing the haj/umrah.
As for the spiritual benefits, among others, Takaful Mulia offers a regular waqf contribution (3.0 per cent from total contribution) payable to the appointed waqf body, an additional 10 per cent of the sum covered payable to the appointed waqf body in the event of death/TPD.
Takaful Mulia is available at all CIMB Bank and CIMB Islamic branches nationwide.
-- BERNAMA
RFCTT 2020 is aimed at raising awareness about takaful (Islamic insurance) to Malaysians, especially Family Takaful coverage within the community, increasing takaful penetration rate and reducing the protection gap in the country.
“During the tenure of the RFCTT Programme, the key takaful product that will be promoted via our main bank distributor is Takaful Mulia,” Sun Life Malaysia Takaful chief executive officer Muhammad Fikri Mohamad Rawi said in a statement today.
“Takaful Mulia is one of our most innovative products as it provides the right balance between protection, savings and spiritual fulfilment.
“It helps Malaysians to not only leave something for their loved ones upon their demise, but also fulfill their religious obligations of waqf (endowment), zakat (tithe), and sadaqah (charity),” he said.
Based on Bank Negara Malaysia’s Financial Stability and Payments Report 2016, even among the insured or covered population, there is an estimated average protection gap of RM553,000 to RM723,000 per family, which is the amount needed for them to maintain their existing standard of living if a primary wage earner passed away.
This translates into a shortfall in takaful coverage of RM200,000 per individual.
Muhammad Fikri said Takaful Mulia provides two types of benefits, namely financial and protection, as well as spiritual benefits.
For the former, some of the Takaful Mulia’s benefits are a lump sum amount of 100 per cent of the sum covered plus the value of universal account in the event of death/ total permanent disability (TPD).
An additional lump sum amount of 100 per cent of sum covered will be provided in the event of accidental death/TPD at the mosque/surau or while performing the haj/umrah.
As for the spiritual benefits, among others, Takaful Mulia offers a regular waqf contribution (3.0 per cent from total contribution) payable to the appointed waqf body, an additional 10 per cent of the sum covered payable to the appointed waqf body in the event of death/TPD.
Takaful Mulia is available at all CIMB Bank and CIMB Islamic branches nationwide.
-- BERNAMA
Thursday, 21 February 2019
FEATURESPACE LAUNCHES INTERNATIONAL BEHAVIOURAL ANALYTICS FRAUD TECHNOLOGY INTO SINGAPORE
- Featurespace’s real-time ARIC™ Adaptive Behavioural Analytics anti-fraud and risk management platform available in Singapore for the first time
- Using world-leading technology first developed at Cambridge University, the firm will work with Singapore financial institutions to outsmart fraud and mitigate risk
- Solution meets the demands of Singapore’s Anti-Money Laundering and Countering the Financing of Terrorism Industry Partnership (ACIP) data analytics initiative
- UK firm realising global expansion after a successful US$32.3m funding round
CAMBRIDGE, England, Feb 21 (Bernama-BUSINESS WIRE) -- Featurespace, a leading international provider of Adaptive Behavioural Analytics for fraud detection and risk management, has launched its ground-breaking anti-fraud technology into the Singapore market.
Its technological platform – which uses machine learning to detect anomalies in individual behaviour for fraud and risk management – was first developed by world-leading computer scientists in the laboratories of Cambridge University. With the rise of more sophisticated fraud schemes, Featurespace uses its decades of experience to get out ahead and outsmart the criminals.
Martina King, Featurespace CEO, commented: “Featurespace is the world leader in Adaptive Behavioural Analytics technology, which helps financial institutions stop fraud faster. Millions of Singapore’s citizens have been victim of many large-scale fraud attacks in the recent past – by implementing machine learning technology, we can help banks and credit card providers outsmart the criminals and build a safer banking infrastructure.
“Our financial services customer base is growing fast, and we are now are working with 17 banks across continental Europe, the UK, US and Latin America. Our technology is also being embedded by payment processors and merchant acquirers who use our real-time fraud prevention technology in their anti-fraud solutions.
"Singapore’s banking community has made it clear to us that it believes that the smart use of data is paramount in combatting and mitigating fraud. We look forward to sharing our proven capabilities and deep knowledge with the financial institutions of Singapore.”
Singapore currently has one of the highest rates of card fraud in the world. To combat this, in 2017 Singapore’s financial industry came together to commit to data analytics as a means of fighting financial crime.
In 2017, a report released by the Anti-Money Laundering and Countering the Financing of Terrorism Industry Partnership (ACIP), which is made up of Singapore's banks, financial regulator and police, found that lenders are looking at using data analytics to detect suspicious transactions, because current systems mistakenly identify fraud, resulting in declined transactions. Further, DBS Group Holdings, one of Singapore's three major banks, reported in 2018 that the current situation yields a false positive in nine out of 10 cases.1
Featurespace’s real-time ARIC™ platform uses Adaptive Behavioural Analytics to self-learn and continuously responding to new customer data. By understanding the behaviour of each individual banking and credit card customer, ARIC identifies new and known attacks, and blocks fraud at the moment it occurs while accepting more genuine business. As such, ARIC reduces false positives, by 70%, increasing revenue and reducing customer friction.
Earlier this year, Featurespace raised US$32.3 million from a funding round to support its international expansion and continued development of the company’s software capabilities.
ENDS
Headquartered in the U.K. and U.S. and with offices in Cambridge, London and Atlanta, Featurespace™ is the world-leader in fraud prevention and creator of the ARIC™ platform, a real-time AI machine learning software that risk scores transactions and other events in more than 180 countries.
Featurespace was created out of Cambridge University’s Engineering Department, co-founded by world-renowned experts in applied statistics, the late Professor Bill Fitzgerald and Dave Excell, Featurespace CTO.
The ARIC platform combines adaptive behavioral analytics and anomaly detection to automatically identify risk and catch new attacks as they happen. The increased accuracy of understanding behavior strikes the balance between improving fraud detection and operational efficiencies, while also reducing the number of genuine transactions that would be incorrectly declined due to traditional rules by as much as 70 percent. www.featurespace.com
1 Adopting Data Analytics Methods for AML CFT;
View source version on businesswire.com: https://www.businesswire.com/news/home/20190220005674/en/
Contact
Featurespace
Matt Mills
Chief Commercial Officer
matt.mills@featurespace.co.uk
+44 (0) 1223 345940
Source : Featurespace
--BERNAMA
Delhi High Court issues injunction against Sinopharm Weiqida Pharmaceuticals
KUALA LUMPUR, Feb 20 (Bernama) -- Centrient Pharmaceuticals (Centrient) today announced the Delhi High Court in India granted an injunction against Sinopharm Weiqida Pharmaceuticals and Sinopharm India - blocking the export, importation and sale of their amoxicillin active ingredient into India.
Weiqida was also found in contempt of the Delhi High Court’s original preliminary injunction order granted in April 2017, through its continued importation and sale of its amoxicillin trihydrate active pharmaceutical ingredient (API) in India.
Centrient will seek monetary compensation for the damage sustained by the illegal shipments, in violation of the preliminary injunction since April 2017.
It wishes to put all buyers of Weiqida’s amoxicillin trihydrate API in India on notice (even if such API transits through India under advanced licence) to be aware of the above orders of the Delhi High Court.
Centrient shall ensure full compliance of the orders of the court and will notify the Indian Customs Authority and other authorities to seize all future Weiqida amoxicillin shipments at the relevant customs facilities.
Centrient Chief Executive Officer, Karl Rotthier said Centrient held world-class intellectual property portfolio relating to its innovative, sustainable and environmentally-friendly amoxicillin technology.
“We will continue to rigorously defend our Intellectual Property assets worldwide as we continue to invest in our innovative R&D programmes directed to enzymatically produce, sustainable antimicrobials and statins,” he said.
Centrient, the leading manufacturer of beta-lactam antibiotics and provider of next generation statins and anti-fungals, is headquartered in Rotterdam, the Netherlands. More details at www.centrient.com
-- BERNAMA
Wednesday, 20 February 2019
DOUBLEVERIFY ACQUIRES DIGITAL VIDEO TECHNOLOGY COMPANY, ZENTRICK
Solving 30% breakage in video ad delivery
NEW YORK and GHENT, Belgium, Feb 20 (Bernama-GLOBE NEWSWIRE) --DoubleVerify, the leading independent provider of marketing measurement software and analytics, today announced that it has acquired Zentrick, a digital video technology company that provides middleware solutions to drive the seamless execution and performance of online video advertising for the world’s largest brands, platforms and publishers. The Zentrick engineering teams will continue to operate from offices in Ghent, Belgium. The transaction was completed as an all cash, all stock offer on February 15, 2019.
Video advertising spend soared to $28 Billion in 2018. However, the ecosystem necessary to support the growth in video ad delivery has become highly fragmented. Today over 30% of video ads that are sold are unable to be delivered by publishers due to various forms of technical ‘breakage’ in the ad delivery chain – an issue that’s particularly acute in the key areas of mobile app and connected TV. Breakage results from incompatibility of multiple playback standards and latency delays in the video ad load.
Zentrick Streamlines Video Ad Delivery and Improves Performance
Zentrick middleware reduces video breakage by more than 50%, by shortening load times and eliminating multiple forms of latency that can prevent a video ad from delivering. Greater ad delivery maximizes performance for advertisers and revenue yield for publishers. Zentrick software further enables publishers to detect and resolve issues behind breakage as they occur.
Zentrick Middleware Benefits the Entire Video Advertising Ecosystem
For media platforms and publishers, Zentrick middleware eliminates the technical overhead and latency associated with supporting multiple third-party data integrations (e.g., measurement, attribution and audience providers). Third-party service providers benefit from seamless platform activation and equal access to the video playback data necessary to power their services.
“DV’s mission is to power the new standard of marketing performance, giving advertisers clarity and confidence in their digital investment,” said Wayne Gattinella, DoubleVerify CEO. “Eliminating ad breakage has a direct effect on the performance of online advertising that will resonate throughout the ecosystem.”
“The entire Zentrick team is thrilled to join forces with DoubleVerify – a rapidly expanding, global organization with a best-in-class verification offering,” said Pieter Mees, Zentrick Co-Founder. “Integrating Zentrick’s digital video technology and expertise with DV’s industry-wide platform will accelerate our efforts to simplify and streamline ad performance.”
“In 2018, Zentrick accelerated the delivery of more than 150 billion video ads,” said Frederik Neus, Zentrick Co-Founder. “Through integration with DoubleVerify, we anticipate scaling our solution to better service both advertisers and publishers, while driving even greater positive impact throughout the ecosystem.”
About DoubleVerify
DoubleVerify is the leading independent provider of marketing measurement software, data and analytics that authenticates the quality and effectiveness of digital media for the world's largest brands and media platforms. DV provides media transparency and accountability to deliver the highest level of impression quality for maximum advertising performance. Since 2008, DV has helped hundreds of Fortune 500 companies gain the most from their media spend by delivering best in class solutions across the digital ecosystem, helping to build a better industry. Learn more at www.doubleverify.com.
Media Contact
Chris Harihar of Crenshaw Communications, on behalf of DoubleVerify
chris@crenshawcomm.com
212.367.974
Source: DoubleVerify
--BERNAMA
NEW YORK and GHENT, Belgium, Feb 20 (Bernama-GLOBE NEWSWIRE) --DoubleVerify, the leading independent provider of marketing measurement software and analytics, today announced that it has acquired Zentrick, a digital video technology company that provides middleware solutions to drive the seamless execution and performance of online video advertising for the world’s largest brands, platforms and publishers. The Zentrick engineering teams will continue to operate from offices in Ghent, Belgium. The transaction was completed as an all cash, all stock offer on February 15, 2019.
Video advertising spend soared to $28 Billion in 2018. However, the ecosystem necessary to support the growth in video ad delivery has become highly fragmented. Today over 30% of video ads that are sold are unable to be delivered by publishers due to various forms of technical ‘breakage’ in the ad delivery chain – an issue that’s particularly acute in the key areas of mobile app and connected TV. Breakage results from incompatibility of multiple playback standards and latency delays in the video ad load.
Zentrick Streamlines Video Ad Delivery and Improves Performance
Zentrick middleware reduces video breakage by more than 50%, by shortening load times and eliminating multiple forms of latency that can prevent a video ad from delivering. Greater ad delivery maximizes performance for advertisers and revenue yield for publishers. Zentrick software further enables publishers to detect and resolve issues behind breakage as they occur.
Zentrick Middleware Benefits the Entire Video Advertising Ecosystem
For media platforms and publishers, Zentrick middleware eliminates the technical overhead and latency associated with supporting multiple third-party data integrations (e.g., measurement, attribution and audience providers). Third-party service providers benefit from seamless platform activation and equal access to the video playback data necessary to power their services.
“DV’s mission is to power the new standard of marketing performance, giving advertisers clarity and confidence in their digital investment,” said Wayne Gattinella, DoubleVerify CEO. “Eliminating ad breakage has a direct effect on the performance of online advertising that will resonate throughout the ecosystem.”
“The entire Zentrick team is thrilled to join forces with DoubleVerify – a rapidly expanding, global organization with a best-in-class verification offering,” said Pieter Mees, Zentrick Co-Founder. “Integrating Zentrick’s digital video technology and expertise with DV’s industry-wide platform will accelerate our efforts to simplify and streamline ad performance.”
“In 2018, Zentrick accelerated the delivery of more than 150 billion video ads,” said Frederik Neus, Zentrick Co-Founder. “Through integration with DoubleVerify, we anticipate scaling our solution to better service both advertisers and publishers, while driving even greater positive impact throughout the ecosystem.”
About DoubleVerify
DoubleVerify is the leading independent provider of marketing measurement software, data and analytics that authenticates the quality and effectiveness of digital media for the world's largest brands and media platforms. DV provides media transparency and accountability to deliver the highest level of impression quality for maximum advertising performance. Since 2008, DV has helped hundreds of Fortune 500 companies gain the most from their media spend by delivering best in class solutions across the digital ecosystem, helping to build a better industry. Learn more at www.doubleverify.com.
Media Contact
Chris Harihar of Crenshaw Communications, on behalf of DoubleVerify
chris@crenshawcomm.com
212.367.974
Source: DoubleVerify
--BERNAMA
VISTAJET PARTNERS WITH SCUDERIA FERRARI MISSION WINNOW FOR THE 2019 FORMULA ONE WORLD CHAMPIONSHIP
Supporting the team with the most efficient global travel solution
LONDON, Feb 20 (Bernama-GLOBE NEWSWIRE) -- VistaJet, the first and only global business aviation company, announces its partnership with the Scuderia Ferrari Mission Winnow team as its Official Supplier of private jet travel.
With the tight schedule of the race calendar and often only days between Grands Prix, VistaJet will support the team to optimize their travel and transfer times throughout the 2019 Formula One season. In an industry where speed and efficiency are fundamental, the Scuderia Ferrari Mission Winnow team will further utilize time off track to arrive in optimum condition.
Having raced competitively with Ferrari for many years and as an official driver in the FIA World Endurance Championship, WEC, VistaJet’s Founder and Chairman Thomas Flohr knows the demands of racing and the intense focus required to perform under such pressure. With his Ferrari 488 GTE, Thomas achieved second place at the 24h of Le Mans 2018, alongside his fellow drivers Giancarlo Fisichella and Francesco Castellacci.
Announcing the partnership, Thomas Flohr said: “I am incredibly proud to support the most iconic and successful racing team in the world. Innovation, technology and a focus on efficiency are values we both share. VistaJet will provide Scuderia Ferrari Mission Winnow with seamless travel, to ensure their focus is on what is important – the competition on track.”
VistaJet places the utmost importance on service and operational excellence. On its owned fleet of over 70 aircraft, VistaJet has completed over 146,000 flights globally, safely flying over 360,000 passengers to more than 1,900 airports worldwide.
Thomas Flohr adds: “A new season is starting, a new team will be driving, and we will all be there cheering for Sebastian Vettel, Charles Leclerc and all at Scuderia Ferrari Mission Winnow.”
www.vistajet.com/ferrari
Information
Jennifer Farquhar | VistaJet | T: +44 203 617 3077 | jennifer.farquhar@vistajet.com
About VistaJet
VistaJet is the first and only global aviation company. On its fleet of over 70 silver and red business jets, VistaJet has flown corporations, governments and private clients to 187 countries, covering 96% of the world. Founded in 2004 by Thomas Flohr, the company pioneered an innovative business model where customers have access to an entire fleet whilst paying only for the hours they fly, free of the responsibilities and asset risks linked to aircraft ownership. VistaJet’s signature Program membership offers customers a bespoke subscription of flight hours on its fleet of mid and long-range jets, to fly them anytime, anywhere. Customers can also request Direct one-off flights through the industry’s first end-to-end booking app or a 24/7 global team.
VistaJet is part of Vista Global Holding – the world leader in business flight solutions, integrating a unique portfolio of companies offering asset lite solutions to cover all key aspects of business aviation.
More VistaJet information and news at vistajet.com
http://mrem.bernama.com/viewsm.php?idm=33827
LONDON, Feb 20 (Bernama-GLOBE NEWSWIRE) -- VistaJet, the first and only global business aviation company, announces its partnership with the Scuderia Ferrari Mission Winnow team as its Official Supplier of private jet travel.
With the tight schedule of the race calendar and often only days between Grands Prix, VistaJet will support the team to optimize their travel and transfer times throughout the 2019 Formula One season. In an industry where speed and efficiency are fundamental, the Scuderia Ferrari Mission Winnow team will further utilize time off track to arrive in optimum condition.
Having raced competitively with Ferrari for many years and as an official driver in the FIA World Endurance Championship, WEC, VistaJet’s Founder and Chairman Thomas Flohr knows the demands of racing and the intense focus required to perform under such pressure. With his Ferrari 488 GTE, Thomas achieved second place at the 24h of Le Mans 2018, alongside his fellow drivers Giancarlo Fisichella and Francesco Castellacci.
Announcing the partnership, Thomas Flohr said: “I am incredibly proud to support the most iconic and successful racing team in the world. Innovation, technology and a focus on efficiency are values we both share. VistaJet will provide Scuderia Ferrari Mission Winnow with seamless travel, to ensure their focus is on what is important – the competition on track.”
VistaJet places the utmost importance on service and operational excellence. On its owned fleet of over 70 aircraft, VistaJet has completed over 146,000 flights globally, safely flying over 360,000 passengers to more than 1,900 airports worldwide.
Thomas Flohr adds: “A new season is starting, a new team will be driving, and we will all be there cheering for Sebastian Vettel, Charles Leclerc and all at Scuderia Ferrari Mission Winnow.”
www.vistajet.com/ferrari
Information
Jennifer Farquhar | VistaJet | T: +44 203 617 3077 | jennifer.farquhar@vistajet.com
About VistaJet
VistaJet is the first and only global aviation company. On its fleet of over 70 silver and red business jets, VistaJet has flown corporations, governments and private clients to 187 countries, covering 96% of the world. Founded in 2004 by Thomas Flohr, the company pioneered an innovative business model where customers have access to an entire fleet whilst paying only for the hours they fly, free of the responsibilities and asset risks linked to aircraft ownership. VistaJet’s signature Program membership offers customers a bespoke subscription of flight hours on its fleet of mid and long-range jets, to fly them anytime, anywhere. Customers can also request Direct one-off flights through the industry’s first end-to-end booking app or a 24/7 global team.
VistaJet is part of Vista Global Holding – the world leader in business flight solutions, integrating a unique portfolio of companies offering asset lite solutions to cover all key aspects of business aviation.
More VistaJet information and news at vistajet.com
http://mrem.bernama.com/viewsm.php?idm=33827
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