8x8 Solution Supercharges King Power's E-commerce Platform

KUALA LUMPUR, March 6 (Bernama) -- 8x8 Inc announced that King Power Corporation has integrated the company’s SMS API solution into their e-commerce platform to enhance customer experiences while effectively reducing 30 per cent operational costs by driving efficiency and cost savings.

“At 8x8, we remain committed to delivering cutting-edge communication solutions that empower businesses to achieve their operational objectives efficiently and drive impressive cost-savings initiatives such as King Power Corporation was able to achieve,” said 8x8 Inc General Manager, CPaaS, Stephen Hamill in a statement.

Meanwhile, King Power Corporation Vice President of Digital Delivery Management, Boonthavee Jarudomrongsak said: “With 8x8, we are able to provide our customers with an elevated e-commerce experience they want and have come to expect from King Power Corporation, both on our website and the app.”

King Power Corporation, one of the largest duty-free retailers in the world, sought a strategic partner to optimise its e-commerce operations by elevating customer and employee communication experiences.

Additionally, the company needed a communications solution that provided scalable and cost-effective support, hence it selected the 8x8 SMS API, enabling it to efficiently reach customers anywhere, anytime by automating notifications, one-time passwords, reminders and alerts.

Since deploying the 8x8 SMS API, King Power Corporation has experienced improvements in short message service (SMS) delivery rates, further optimised its e-commerce platform by facilitating smoother processing of orders, customer verifications, and timely SMS notifications via its e-commerce platform.

8x8 Communications Platform as a Service (CPaaS), which includes SMS, messaging apps, voice, and video interaction, serves as a key enabler of business communications and customer experience in an ever-evolving digital transformation.

-- BERNAMA

WOLTERS KLUWER WINS BEST REGULATORY COMPLIANCE SOLUTION FOR IFRS 9 AT THE REGTECH INSIGHT APAC AWARDS

Finance, Risk and Regulatory Reporting’s OneSumX product recognized for its IFRS 9 innovations

SINGAPORE, March 6 (Bernama-BUSINESS WIRE) -- Wolters Kluwer, a global leader in professional information, software solutions and services, today announced that its Finance, Risk and Regulatory Reporting (FRR) business has been recognized by RegTech Insight, with OneSumX winning the Best Regulatory Compliance Solution for IFRS 9, in its APAC Awards, 2024.

OneSumX IFRS 9, part of FRR’s OneSumX product, supports clients with the implementation of the full International Financial Reporting Standard 9 (IFRS 9). The solution provides a solid framework to capture and store all information at the contract level. It helps to manage events and transactions, IFRS calculations, accounting generation and processing up to the delivery of the disclosures.

Jeroen Van Doorsselaere, Vice President, Product and Platform Management, Wolters Kluwer FRR, said: “Our OneSumX IFRS 9 solution supports regulatory disclosures from local supervisors across the globe and offers powerful reporting tools. We are proud to be recognized for innovation and product excellence and a leader in regulatory compliance solutions.”

The awards program recognizes those “RegTech solutions that have successfully improved firms’ ability to respond to evolving and ever more complex regulatory requirements across the global financial services industry.” The RegTech Insight Awards Advisory Board, which includes senior executives from Credit Suisse, DBS Bank, HSBC, OCBC Bank and Standard Chartered, reviews nominations in collaboration with the publication’s editors.

Angela Wilbraham, CEO at A-Team Group, and host of the 2^nd annual RegTech Insight Awards APAC 2024, commented: “These awards celebrate providers of leading RegTech solutions, services and consultancy across Asia-Pacific. The winners were selected by A-Team Group’s RegTech Insight community and demonstrated exceptional creativity in building solutions that solve regulatory challenges. Our congratulations go to Wolters Kluwer for winning Best Regulatory Compliance Solution for IFRS 9.”

Wolters Kluwer also won the RegTech Insight honor in 2022. Other recent accolades for OneSumX for FRR include securing Category Leader positions in all four categories of the ALM (Asset Liability Management) Market Update and Vendor Landscape report, published by Chartis Research.

FRR’s OneSumX is part of Wolters Kluwer’s Corporate Performance & ESG (CP & ESG) division, headed by CEO Karen Abramson. Wolters Kluwer CP & ESG is the world’s leading provider of integrated software solutions for EHS, Environmental, Social, and Governance (ESG), and Governance, Risk and Compliance (GRC).

About Wolters Kluwer

Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.

Wolters Kluwer reported 2023 annual revenues of €5.6 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,400 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.

For more information, visit www.wolterskluwer.com, follow us on LinkedIn, Facebook, YouTube and Instagram. 

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XSOLLA UNVEILS WEB SHOP 2.0, A LEADING SOLUTION FOR WEB PURCHASES, TO POWER PROFITABLE DIRECT-TO-CONSUMER SALES FOR GAME DEVELOPERS

^{(Graphic: Xsolla)}


Web Shops are white label digital stores where players purchase in-game items, currencies, and top up their accounts, all from the developers branded website

LOS ANGELES, March 6 (Bernama-BUSINESS WIRE) -- Xsolla, a video game commerce company, has introduced Xsolla Web Shop 2.0. Since Xsolla's focus on web monetization began in 2021, Xsolla has launched 210+ Web Shops for leading mobile studios worldwide across multiple genres. Drawing on this extensive experience, Xsolla has been building a new, innovative version of its flagship solution, Web Shop, designed to help mobile game developers construct direct-to-consumer monetization strategies to increase revenue by motivating gamers to pay on the web.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240305610432/en/

 

"Xsolla Web Shop 2.0 is a testament to our commitment to evolving with the mobile gaming industry's needs. This innovation results from launching over 200 Web Shops, including 40 of the top 100 highest-grossing mobile games worldwide. This extensive real world application with customer feedback has been pivotal in expanding the Web Shop solution for mobile games. We continue to focus on actual market needs and provide tailored solutions, setting us apart in the industry," said David Stelzer, President of Xsolla. "Xsolla Web Shop is our strategic innovation to meet the evolving demands of the mobile gaming industry. By emphasizing user-level personalization and instant web shop launch, we enhance how developers engage with players and maximize their revenue."

With this release, Xsolla is unveiling the Instant Web Shop, a templatized online store fully functional to power web purchases in as little as 24 hours. This rapid deployment tool for starting immediate revenue collection improves user awareness of the advantages of making purchases on the web. As a next step, once the value hypothesis is validated, developers can build a comprehensive LiveOps system with Web Shop LiveOps tools for sales management.

Xsolla Web Shop 2.0 Features:

• Advanced LiveOps Tools: Includes A/B testing, featured offers, first purchase offers, secret shop promotions, coupons, promo codes, and both time-limited and number-limited offers. These tools enable developers to craft highly valuable player experiences.
• Personalization and Engagement: Through personalized offers, discount promotions, bonus promotions, a loyalty program, and a reward system developers can significantly increase player engagement and loyalty.
• Expert Guidance and Support: Xsolla provides expert guidance in navigating the intricacies of web shop management, empowering partners to maximize their earnings.
• Improved User Flow: seamless, one-click payments with Xsolla Wallet, PWA (Progressive Web Application) and Deeplink Authentication.

The upcoming enforcement of the Digital Markets Act (DMA) on March 6th marks another step in the market shift towards digital e-commerce freedom. The current state of the alternative billing in-app does not offer flexibility or a real discounted rate for game developers, which makes Web Shop the best method for mobile game success.

For more information about Xsolla Web Shop 2.0 and its features, please visit: xsolla.pro/webshop-2 

About Xsolla

Xsolla is a 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, and cities around the world, Xsolla supports major gaming titles like Valve, Twitch, Roblox, Epic Games, Take-Two, KRAFTON, Nexters, NetEase, Playstudios, Playrix, miHoYo, and more.

For additional information and to learn more, please visit: xsolla.com

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20240305610432/en/

Contact

Derrick Stembridge
Global Director of Public Relations, Xsolla
d.stembridge@xsolla.com

Source : Xsolla

ETT INKS US$1.2 BLN DEAL WITH KNIGHTSBRIDGE ADVANCING DIGITISATION, FINTECH SOLUTIONS

KUALA LUMPUR, March 5 (Bernama) -- Economic Transformation Technologies “ETT | iByond” (ETT) and Knightsbridge Group have sealed a monumental deal projected to be worth as much as US$1.2 billion, marking a significant stride in advancing digitisation and fintech solutions globally. (US$1=RM4.72)

The collaboration signifies a pivotal moment in harnessing cutting-edge technologies to drive innovation and transformation across industries, according to ETT in a statement.

"This partnership with Knightsbridge emphasises ETT's dedication to being proactive at the forefront of digital innovation and reinforcing its position to global growth and the rapidly evolving Asian market," said ETT Chairman and Chief Executive Officer, Christopher Condon.

Meanwhile, Knightsbridge Group Managing Director, Issaree Suwunnavid said he is delighted with the joint venture and it fills him with immense pride to establish Thailand as the home of this transformative technology, empowering businesses and individuals across the region with innovative financial services.

Under the agreement, both companies will join forces to spearhead digital initiatives and revolutionise financial technology offerings.

Leveraging iByond's expertise in the burgeoning artificial intelligence (AI) landscape and Knightsbridge's global network and resources, the partnership aims to deliver unparalleled solutions tailored to meet the evolving needs of businesses and consumers worldwide.

This joint venture will leverage ETT’s state-of-the-art data management and AI infrastructure and Knightsbridge Group's advanced market technologies to deliver a comprehensive fintech platform that offers unparalleled efficiency, security, and scalability.

ETT Asia Division has executed a five year software services and licensing agreement with Knightsbridge that is valued at US$683 million to ETT and over US$500 million to Knightsbridge, in which this partnership aims to revolutionise the financial services industry through cutting-edge digital transformation solutions.

-- BERNAMA

REVIV, The DRIPBaR Team Up To Revolutionise Iv Therapy Globally

KUALA LUMPUR, March 4 (Bernama) -- Wellness market leaders, REVIV and The DRIPBaR have joined forces, redefining the intravenous (IV) therapy industry standards due to the recent surge in demand for the treatment on a worldwide scale.

The partnership creates an unrivalled offering by bringing together the specialties of two industry heavyweights boasting over 200 locations across six continents, with plans to add thousands more locations in the coming years.

With an extensive pipeline boasting over 450 franchisees in the United States (US), The DRIPBaR's decision to integrate REVIV's proprietary technology-backed proposition, REVIV X, validates its commitment to provide personalised and precision nutrition solutions for its customers. 

REVIV Global Founder and Chief Executive Officer (CEO), Sarah Lomas highlighted the transformative impact of the partnership stating that The DRIPBaR's alignment with REVIV underscores its joint dedication to innovation and safety in the IV therapy market.

“This strategic alliance between REVIV and The DRIPBaR marks a pivotal moment in the IV therapy industry and multi-modality sectors, advancing the delivery of safe, effective, and tailored wellness solutions to customers across the United States and beyond,” she said in a statement.

Meanwhile, The DRIPBaR CEO, Ben Crosbie said: “The REVIV X proposition, coupled with its accredited IV Academy training course, sets a global benchmark for excellence in our field, empowering us to maintain industry leadership.”

This partnership empowers The DRIPBaR to leverage REVIV's 10 years of intellectual property and life science expertise, utilising objective data from blood tests and DNA analysis to tailor IV therapies to individual needs. 

Through REVIV X, The DRIPBaR is poised to revolutionise the wellness landscape in the US, offering patient-focused solutions that optimise health outcomes that will solidify its position as a leader in innovation.

As the IV therapy market continues its rapid expansion, with safety and compliance at the forefront, REVIV X emerges as the solution of choice for IV therapy operators, creating the opportunity for existing multi-modality businesses to access REVIV's innovative solutions and maintain their position at the forefront of wellness innovation and industry standards.

-- BERNAMA

NTT COM LAUNCHES COMMERCIAL SALES OF ACTIVE MULTI-ACCESS SIM™ FOR CARRIER REDUNDANCY IN DIVERSE IOT DEVICES

Users only need to buy one autonomously switchable carrier-redundant SIM card

TOKYO, March 4 (Bernama-BUSINESS WIRE) -- NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT group, announced that it began commercial sales of its Active Multi-access SIM™,¹ which had been offered on a trial basis since March 28, 2023, from January 31. The new SIM and associated service will enable diverse IoT devices to switch between a network’s main and sub-carriers in the event of network failure, achieving network redundancy with a single SIM on a fully automatic basis without the need to monitor networks or initiate switching on the device terminal side.

The service offers three key benefits, starting with automatic fault detection and carrier switching, both of which are patent pending. If communication fails,² the applet³ in the SIM automatically detects the failure, switches to a sub-carrier and then back to the main carrier after a fixed period of time. The user does not need to perform any manual operation or configure complicated settings.

The second benefit is compliance with European Telecommunications Standards Institute (ETSI) and 3rd Generation Partnership Project (3GPP) standards for compatibility with a wide range of devices using the SIM Toolkit standard, which allows SIM applets to issue commands to these devices.⁴

The third advantage is convenience and operability:

• Centralized contracts, support, etc.
  The main and sub-carriers are both provided by NTT Com, which is less complicated and more reasonable than contracting with a separate sub-carrier.

• Optimized costs
  Main carriers offer a variety of plans based on data usage. They also support capacity sharing and SIM lifecycle management⁵ to reduce costs during market inventory and usage outages.

• Centralized management of lines via portal/API
  Multi-carrier SIMs can be purchased from a single card, and line management activities (ordering, activating, suspending and terminating) can be performed via the web.

• Enhanced data usage and business building via Smart Data Platform⁶
  The service is available on the Smart Data Platform as a IoT Connect Mobile^® Type S⁷ plan for enhanced data usage. Companies can take advantage of highly available circuits for purposes such as the construction of data-utilization infrastructure on the platform. Companies offering services combining IoT devices and SIMs for end-user customers will be able to manage user contracts and privileges via a convenient portal.

For more about usage fees, please visit https://sdpf.ntt.com/services/icms/pricing/ (in Japanese only). To learn how to apply, users should contact NTT Com via the online inquiry form or any NTT Com sales representative.

Going forward, NTT Com will consider expanding the Active Multi-access SIM™ service with additional features, such as closed area connections.

In recent years, as companies have increasingly adopted IoT solutions for business expansion, the demand has grown for highly reliable networks offering robust redundancy in the form of multiple carriers. In response, NTT Com has developed a service that achieves a high level of network redundancy independent of IoT devices, which it has been offering on a trial basis since March 28, 2023. Based on feedback from clients during the trial period, NTT Com has improved various functions and is now launching the service.

A number of NTT Com clients have endorsed the service, as follows.

CENTURY SYSTEMS Co.,Ltd.
Mr. Susumu Tanaka, Representative Director
“Our company welcomes the commercialization of NTT Com's Active Multi-access SIM™. This innovative SIM technology will greatly enhance the capabilities of our LTE routers and IoT gateways, providing reliable connectivity that we will leverage to offer optimal solutions to customers. This advanced SIM will realize new possibilities by increasing communications redundancy and efficiency in the IoT sector.”

Fibocom Wireless Inc.
Mr. Ronald Chan, VP of APAC Sales Department
“Connectivity is a fundamental technology for digital transformation leveraging the IoT, and NTT Com's innovative SIM solution improves the availability of wireless connectivity. As a global wireless solutions provider, Fibocom is confident that we can provide reliable and robust wireless connectivity services to our customers with solutions that integrate the SIM into our cellular module portfolio.”

MeiLink Co., Ltd
Mr. Turbo Fukazawa, General Manager, Sales Department.
“IoT is rapidly being utilized in various industries, so we feel there is a growing demand to establish more stable communications. We hope that the Active Multi-access SIM™ announced by NTT Com will be a solution to this problem and provide an opportunity for further market expansion.”

¹ For data communication only (but neither voice nor SMS services). Companies seeking carrier redundancy that includes voice services for smartphones, etc., should consider a sub-line service.
² In addition to line failure, also includes conditions rendering data communication impossible, such as being out of range, etc.
³ A small program written in Java and embedded in another application for execution.
⁴ Please visit Smart Data Platform Knowledge Center(in Japanese only) for devices tested for compatibility (to be updated periodically). We recommend that clients verify compatibility with this service on a per-device basis. Please contact NTT Com to request a temporary SIM to confirm compatibility.
⁵ Management of line status, such as opening, suspending, resuming and terminating.
⁶The Smart Data Platform enables enterprise customers to accelerate their digital transformations with one-stop functions for data collection, storage, management and analysis as well as infrastructure. Please visit https://www.ntt.com/business/sdpf/
⁷ IoT mobile communication services, available in Japan and globally, that use eSIMs and full MVNO infrastructure.

"IoT Connect Mobile^® " is a registered trademark of NTT Communications.
"Active Multi-access SIM™ " is a trademark of NTT Communications. 

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ST KITTS AND NEVIS TO HOST MAIDEN INVESTMENT GATEWAY SUMMIT TOWARDS A SUSTAINABLE FUTURE

KUALA LUMPUR, March 1 (Bernama) -- The Government of St Kitts and Nevis announced its inaugural Investment Gateway Summit, set to take place from May 11 to 15, marking a historical moment in the country’s journey towards fulfilling the Sustainable Island State Agenda.

According to a statement, this unprecedented initiative aimed at fostering collaboration and investment to propel the twin-federation into a prosperous future.

This pivotal moment not only signifies a significant stride towards sustainability but also underscores the Government's visionary approach to uniting its global citizens.

In an extraordinary display of inclusivity, St Kitts and Nevis extends its arms to every citizen worldwide, ushering them to partake in shaping the nation's trajectory.

Prime Minister, Honourable Dr Terrance Drew extends a personal invitation, focusing the significance of this occasion as an unique platform to unlock new ventures for growth throughout various sectors of the country’s economy, including agriculture, information technology, renewable energy and tourism.

The summit is designed to be an engaging and interactive experience for St Kitts and Nevis citizens, discerning investors, high-net-worth individuals (HNWIs), prospective Citizenship by Investment (CBI) applicants, entrepreneurs, C-Suite business leaders as well as the wider investor immigration community.

This is not just a unique investment opportunity in a tropical Caribbean country, it is a meeting of minds to form meaningful connections, through engaging workshops and insightful panel discussions. Additionally, the Government aims to build strong communities with shared values of excellence. 

From diverse panel discussions and networking opportunities to exclusive investment highlights and site visits, the summit is crafted to connect, collaborate and celebrate the country and its global citizens.

To showcase St Kitts and Nevis’ commitment to the agenda, the summit will highlight initiatives that global investors can participate in to nurture community development, empower businesses and foster growth and development.

-- BERNAMA