LiquidX Named Finalist for Singapore Global FinTech Awards 2021

LiquidX’s Digital Trade Credit Insurance platform was selected for recognition at the annual awards, which celebrate groundbreaking solutions that transform industry practices.

NEW YORK, Nov. 02, 2021 (GLOBE NEWSWIRE) — The Monetary Authority of Singapore (MAS) has named LiquidX Insurance Services (Singapore) Pte. Ltd. a finalist for the Singapore FinTech Festival (SFF) Global FinTech Awards 2021 in the Singapore Financial Institution category. The awards are a highlight of the annual festival, which takes place November 8-12, 2021.

The SFF Global FinTech Awards, supported by PwC Singapore, recognize ground-breaking solutions that have enabled the financial sector to rebound from the impact of the pandemic, including initiatives that have helped create new growth opportunities, transform industry practices, and promote financial inclusion. The theme for this year’s Awards is “Emerging from a pandemic, the road to recovery.”

The Singapore Financial Institution award is granted to a regulated Singapore institution whose Singapore office must have contributed to the implementation/deployment of the solution in at least one ASEAN country in the past three years.

The LiquidX Digital Credit Insurance solution is a platform for Trade Credit Insurance policy quoting, policy management, and risk monitoring, saving policyholders, carriers, and brokers time and effort. LiquidX digitizes and optimizes the management of Trade Credit Insurance policies by cross-referencing policy terms and conditions, authenticating the eligibility of endorsed buyers, and automating policy reporting requirements to help ensure policy compliance.

“On behalf of the entire LiquidX team, we would like to express our sincere appreciation to the panel for recognizing our achievements,” said Alex Bursak, Director and Regional Head of Insurance Asia Pacific at LiquidX. “We are really proud of our momentum in Singapore in 2021. In June we were granted our insurance brokerage license by MAS, in August the first Singapore-based insurer joined our platform, and in October we launched the pilot of our groundbreaking InBlock Digital Trade Credit Insurance solution. We are confident our innovative solutions will benefit companies, insurers, and insurance brokers in Singapore and across the region.”

Todd Lynady, Global Head of Insurance, added, “We are especially proud of this recognition given Singapore’s position as a major hub for FinTechs and InsurTechs globally. InBlock Digital Policy Management is truly a game-changer for the Trade Credit Insurance industry.”

Winners of the Singapore FinTech Festival Global FinTech Awards 2021 will be announced November 11.

About LiquidX
LiquidX is a leading global technology company that enables finance professionals to transact faster, smarter, and cheaper by digitizing and automating their trade finance and working capital management. Headquartered in New York with offices in Boston, London, and Singapore, LiquidX delivers the industry-leading ecosystem for working capital optimization to its diverse network of global participants including corporations, banks, institutional investors, and insurance providers. LiquidX incorporates blockchain technology and machine learning analytics to greatly enhance transparency, reporting, and forecasting across financial ecosystems. To learn more about our next-generation solutions, please visit liquidx.com.

Media Contact: Sue Hinton
shinton@liquidx.com | +1 917-362-4518

Synchronoss Names Taylor C. Greenwald Chief Financial Officer

Finance leader brings more than 20 years of public company experience to Synchronoss

BRIDGEWATER, N.J., Nov. 02, 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital products and platforms, today announced that Taylor C. Greenwald is appointed Executive Vice President and Chief Financial Officer, effective immediately. In his new role at Synchronoss, Greenwald will oversee global financial operations for the company, including accounting, treasury, business planning and analysis, corporate development, and investor relations.

Greenwald brings to Synchronoss extensive experience managing all financial functions of large global public organizations. He most recently served as Senior Vice President Finance and Chief Financial Officer, Web Presence for Endurance International Group, an IT services company. Prior to that, he spent 18 years with Convergys Corporation where he held several senior leadership roles, including Senior Vice President Finance, Controller and Chief Accounting Officer.

“I am pleased to welcome Taylor to our senior leadership team,” said Jeff Miller, President and CEO of Synchronoss. “Taylor brings to the table significant experience driving revenue growth and profitability for large companies in the technology and business service industries. In addition, he offers deep corporate development knowledge, including acquisitions and divestitures, proven proficiency with turnaround strategies, and a strong technical background. I’m confident his expertise and financial acumen will make an immediate impact as we continue to position Synchronoss for the future and ensure our customers across the globe have the resources they need to connect with subscribers in trusted and meaningful ways.”

Miller added that Lou Ferraro, who had been serving as Acting Chief Financial Officer for the last quarter, will remain with the company as Executive Vice President of Financial Operations and Chief Human Resources Officer, reporting to Taylor. “Lou did a fantastic job after being asked to take on the acting CFO role earlier this summer in addition to his other responsibilities. The board and I look forward to his ongoing leadership with us going forward,” Miller said.

Greenwald said he is excited to be joining the company. “The work that Synchronoss has accomplished in the past year to improve its business trajectory is impressive, and I’m honored to join the company at such an important time. I look forward to helping Synchronoss build momentum for revenue growth and deliver on its strategic goals for customers and its other stakeholders,” he said.

Greenwald earned his MBA from the Massachusetts Institute of Technology – Sloan School of Management, and his bachelor’s degree in engineering from Georgia Institute of Technology.

About Synchronoss
Synchronoss Technologies (NASDAQ: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market. Hundreds of millions of subscribers trust Synchronoss products to stay in sync with the people, services and content they love. That’s why more than 1,500 talented Synchronoss employees worldwide strive each day to reimagine a world in sync. Learn more at www.synchronoss.com

Media Contacts

For Synchronoss:
Anais Merlin, CCgroup UK
Diane Rose, CCgroup US
E: synchronoss@ccgrouppr.com

Investor Contact
For Synchronoss: Todd Kehrli/Joo-Hun Kim, MKR Investor Relations, Inc., E: investor@synchronoss.com

Strong Growth Figures Hotel Industry good for investors

DUBAI, United Arab Emirates, Nov. 02, 2021 (GLOBE NEWSWIRE) — Barrows, the provider of hotel investment and advisory services for hotels in the Middle East, is very positive for the global hotel industry and sees huge opportunities for investors and developers.

Last year, the company noticed lower sales due to restrictions imposed by travel restrictions and declining demand for global hotel bookings. The turnover decline in hotel room sales was a fact, but the differences with the advisory branch of the company were very large. Never has the company managed to achieve such significant growth.

Many Hotels across the globe had massive problems and hired Barrows as their regular advisory partner. Today, the development of new hotels and the sales of hotel rooms are stronger than ever before. Investors are massively signing up for new hotel projects and they really come from all over the world.

The company expects strong growth in the hotel industry for the last quarter of this year and for 2022. “The economies are slowly closing, and world trade is returning back strongly,” said Barrows Hotel Enterprises Chairman – Erwin Jager. The market has been recovering for a few months now and hotels are opening their doors to the public again, which is giving a huge boost to employment.

Barrows Hotel Enterprises internationally manages more than 10,000 hotel rooms in more than 10 countries. The company started in 2008 as a real estate investor in the residential market in Dubai. Since 2012, Barrows has changed its strategy and the company is fully focused on the fast-growing hotel industry in the Middle East and Africa.

For more information
media@barrowshotels.com

Cavli Wireless Recognized as the ‘Overall M2M Solution Provider of the Year’ at the 2021 Mobile Breakthrough Awards

Hubble99, the first ever IoT subscription plan that bundles IoT hardware, wins Cavli yet another laurel

Featured Image for Cavli Wireless

Featured Image for Cavli Wireless

SAN JOSE, Calif., Nov. 02, 2021 (GLOBE NEWSWIRE) — Cavli Wireless has been named “Overall M2M Solution Provider of the Year” in the 5th annual Mobile Breakthrough Awards by Mobile Breakthrough, a leading independent market intelligence agency that recognizes the top companies, technologies and products in the global wireless and mobile market today.

Scaling an IoT-enabled/Smart-connected solution across geographies has many industrial and economic challenges. Apart from hefty investments for product development, solution makers have to deal with network providers, semiconductor manufacturers, and policy changes to launch their devices worldwide.

Cavli Wireless has eliminated these impediments, facilitating the global deployment of IoT devices in the most flexible and cost-effective way. Cavli’s eSIM integrated cellular modules, powered by a comprehensive cloud management platform, Cavli Hubble, enables OEMs to launch their devices across borders. Cavli Hubble is coupled to Cavli smart modules by a proprietary layer of software that runs on the module called “Hubble Stack,” enabling the Cavli Hubble IoT platform to orchestrate and control millions of Cavli smart modules deployed worldwide. With network partnerships in over 150+ countries with 60+ operators, Cavli enables access to local IoT networks in any part of the world.

The disruptive proposition that Cavli has introduced is the world’s first-ever hybrid IoT subscription plan – “Hubble 99,” which marks the entry of IoT into the subscription economy age. It provides the IoT Solution makers with Cellular modules, eSIM & Data connectivity, Device management cloud platform, all at the cost of 99 cents/per device/per month.

“At Cavli, we are excited to be receiving this recognition from an agency that closely watches our industry and tracks innovation in real time. To be positioned alongside industry heavyweights with equal measure bears testimony to the impactful journey we have had so far. A big thanks to our technology partners, associates and customer partners for the strides we have taken so far and will continue to take,” said Tarun Thomas George, COO, Cavli Wireless.

About Cavli Wireless

Cavli Wireless is a cellular IoT module manufacturer that combines IoT connectivity and data management into one single platform. Cavli designs and manufactures industrial-grade cellular IoT smart modules that improve equipment reliability and expedite development processes for a variety of applications. Cavli’s smart modules are equipped with global cellular connectivity through integrated eSIM functionality that provides users with affordable global data pricing, simplified device management, and centralized subscription management through the proprietary cloud-based platform Cavli Hubble.

Read more: https://bit.ly/3nWrjwm

About Mobile Breakthrough

The Mobile Breakthrough Awards program is devoted to honoring excellence in mobile and wireless technology companies, products and people. They provide a platform for public recognition around the achievements of breakthrough mobile companies and products in categories including Cloud Computing, IoT, WLAN, WiFi and more.

CONTACT:

Ajit Thomas, CMO, Cavli Wireless
ajit@cavliwireless.com
+1-650-535-1150

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OKEx เปิดตัวระบบ Portfolio Margin ที่เหมือนกับ CME สำหรับอุตสาหกรรมคริปโต

วิคตอเรีย, เซเชลส์, Nov. 03, 2021 (GLOBE NEWSWIRE) — OKEx ได้ประกาศเปิดตัวโหมดการซื้อขายขั้นสูงแบบใหม่สำหรับผู้ซื้อขายมืออาชีพและแบบสถาบัน Portfolio Margin ซึ่งเป็นส่วนหนึ่งของความพยายามในการสร้างแพลตฟอร์มการซื้อขายที่ทรงพลังที่สุดของโลกสำหรับผู้ซื้อขายคริปโต สามารถใช้โหมดการซื้อขายใหม่บนเว็บของแพลตฟอร์ม และเวอร์ชัน API สำหรับผู้ซื้อขายในปริมาณมาก ณ วันที่ 1 พฤศจิกายนPortfolio Margin บน OKEx นั้นถูกออกแบบมาสำหรับผู้ซื้อขายมืออาชีพในปริมาณมาก รวมถึงผู้ดูแลสภาพคล่องและสถาบัน ที่ต้องการลดความต้องการเงินทุนลงอย่างมาก โหมดนี้ช่วยให้ผู้ซื้อขาย และโดยเฉพาะอย่างยิ่งผู้ดูแลสภาพคล่องสำหรับคริปโตเคอเรนซี่ฟิวเจอร์สและออปชั่น ซึ่งช่วยลดการคำนวณมาร์จิ้นลงอย่างมาก โดยเฉพาะอย่างยิ่ง OKEx มองว่าคุณสมบัติใหม่นี้เป็นวิธีแก้ไขปัญหาสภาพคล่องที่กระจัดกระจายในตลาดคริปโตออปชั่นในปัจจุบัน

ระบบการจัดการความเสี่ยงที่คล้ายกับ Portfolio Margin อย่างการวิเคราะห์ความเสี่ยงพอร์ตลงทุนที่ได้มาตรฐาน หรือ SPAN ถูกสร้างขึ้นมาสำหรับผู้มีส่วนร่วมทางการเงินแบบดั้งเดิมโดย CME Group ซึ่งเป็นตลาดซื้อขายสัญญาซื้อขายล่วงหน้าที่ใหญ่ที่สุดในโลก การเปิดตัวโหมด Portfolio Margin ใหม่บน OKEx ทำให้แพลตฟอร์มนี้เป็นผู้นำในอุตสาหกรรมคริปโตเคอเรนซี่ ด้วยการเปิดตัวเครื่องมืออันทรงพลังนี้เพื่อเพิ่มประสิทธิภาพเงินทุนและการจัดการความเสี่ยง

โหมดการซื้อขายของ OKEx นั้นโดดเด่นกว่าคู่แข่งด้วยการอนุญาตให้มีมาร์จิ้นพอร์ตหลายสกุลเงิน ซึ่งหมายความว่าผู้ซื้อขายจะสามารถเปิดสถานะอนุพันธ์ด้วยความต้องการมาร์จิ้นที่ลดลงอย่างมาก ในหลายสกุลเงินในเวลาเดียวกัน

โหมด Portfolio Margin ใหม่ และสภาพคล่องชั้นนำของอุตสาหกรรม ช่วยให้ OKEx แสดงให้เห็นถึงความมุ่งมั่นต่อการจัดหาเครื่องมือที่ทันสมัยที่สุด และประสบการณ์การซื้อขายที่ดีที่สุดให้กับลูกค้า

เกี่ยวกับ OKEx

OKEx ก่อตั้งขึ้นในปี 2017 เป็นหนึ่งในจุดแลกเปลี่ยนสกุลเงินคริปโตเคอเรนซี่และอนุพันธ์ชั้นนำของโลก OKEx ได้นำเทคโนโลยีบล็อกเชนมาใช้ในเชิงนวัตกรรม เพื่อเปลี่ยนโฉมระบบนิเวศทางการเงิน และนำเสนอผลิตภัณฑ์ที่หลากหลายและซับซ้อนที่สุดในตลาด รวมถึงระบบนิเวศ DeFi ที่เปิดตัวเมื่อไม่นานมานี้และ NFT Marketplace

บริษัทได้รับความไว้วางใจจากผู้ใช้มากกว่า 20 ล้านคนในกว่า 180 ภูมิภาคทั่วโลก โดยมีภารกิจคือการเพิ่มศักยภาพให้กับทุกคนด้วยการส่งเสริมและการพัฒนาคริปโตเคอเรนซี่ทั่วโลก

Andrea Leung
andrea.leung@okex.com

Open Society Names Natalie Samarasinghe as Global Director for Advocacy

New York, Nov. 02, 2021 (GLOBE NEWSWIRE) — The Open Society Foundations today named Natalie Samarasinghe as their first global director of advocacy, as part of their drive to speak with a powerful  international voice for justice, equity, and free expression.

Samarasinghe joins Open Society with more than 15 years of advocacy and management experience, most recently as CEO of the United Nations Association-UK. She will assume her new role on January 18, 2022.

“Natalie is a respected thought leader on the subjects of human rights, multilateralism, and civil society. She is well-positioned to build a powerful global advocacy department that magnifies our impact,” said Mark Malloch-Brown, president of Open Society Foundations.

Samarasinghe transformed the United Nations Association-UK into a global innovator and campaigner on UN issues with over 120 branches and 1,000 civil society partners worldwide. There, she advised NGOs and governments on advocacy strategies, and was one of the co-founders of both the 1 for 7 Billion campaign for transparency in international appointments, and the Together First movement for inclusive global governance. Samarasinghe also worked for the United Nations in the office of the President of General Assembly, and as chief of strategy for the organization’s 75th anniversary initiative.

Samarasinghe has also advised governments on UN policy, and supported NGOs such as the Sri Lanka Campaign and Brazilian Igarapé Institute.

“I look forward to helping lead the Foundations’ advocacy priorities and being part of an impressive legacy that continues to shape laws, policies, practices, and attitudes in support of open society,” said Samarasinghe.

Office of Communications
Open Society Foundations 
media@opensocietyfoundations.org

Revising prosecutor law can strengthen system, institution: legislator

House of Representatives member Arteria Dahlan has said that revisions to Law No. 16 of 2004 concerning the Prosecutor’s Office of Indonesia can optimize the prosecution system and institution in the country.

“Indonesia must make regulatory improvements. Through the revision of the prosecutor’s office law, it is expected that the strengthening of this system and institutions can be very optimal,” Dahlan remarked in a podcast streamed on the Indonesian Prosecutor’s Office YouTube channel here on Wednesday.

Thus, the revisions will firmly declare the authority of the Indonesian Prosecutor’s Office, such as the principle of dominus litis, where a case prosecutor can realize the ideals of just law enforcement in the country, he said.

When prosecutors’ authority is increased, there will be other positive impacts. One of them is the obligation for the Prosecutor’s Office to bring forth great prosecutors, he pointed out.

According to Dahlan, a great prosecutor performs the duty and function of ensuring fair law enforcement for the people of Indonesia, on behalf of the Republic of Indonesia.

“If the authority has been added, great prosecutors must also exist. Not only do they have the capacity and competence, but they know they are Indonesian prosecutors who serve for good,” he said.

To emerge as a great prosecutor, maximum coaching and career path clarity are necessary, Dahlan pointed out.

The policies of mutation, demotion, and shift to lower position can be realized if the regulatory system in the prosecutor law is improved, he added.

He also said that the revision of the prosecutor law is one of the right solutions for improving legal development in Indonesia.

Revisions to the prosecutor’s office law are still in process under the House’s initiative, which is considering suggestions from several related parties, such as the Prosecutor’s Office Commission, he added.

In general, the revision will improve the duties and authority of the Prosecutor’s Office in enforcing justice in Indonesia, he remarked.

Source: Antara News

XVI Papua Peparnas torch reaches Jayapura Mayor Office

The torch of the XVI Papua National Paralympic Week (Peparnas) was carried from Genyem village, Grime Valley, Nimboran sub-district, Jayapura district to Jayapura Mayor’s Office, Papua province, where it will remain on Wednesday night.

According to a press release from the Communication and Informatics Ministry’s media center, the second day of XVI Papua Peparnas began with a series of ceremonies at the head of Jayapura district’s office in Doyo Baru village, Sentani sub-district on Wednesday morning.

The torch relay entourage was dispatched by the district head, Mathius Awoitauw, along with several district officers and members from the local community.

The entourage carried the torch 500 meters from the office and then continued the journey by bus. The buses transporting them were warmly welcomed along the road.

The chosen route passed along Lake Sentani and the Lukas Enembe Sports Complex in Harapan village, East Sentani sub-district, Jayapura district.

The journey from the sports complex to the Jayapura Mayor’s office took about an hour. The mayor, Benhur Tomi Mano, welcomed the group himself.

The torch will be kept overnight at the office before being relayed to the Papua Governor’s office on Thursday.

The torch will be used to ignite the cauldron at the Mandala Stadium, Jayapura city, at the opening ceremony of the XVI Papua Peparnas, which will be attended by Vice President Ma’ruf Amin on Friday.

Meanwhile, President Joko Widodo is scheduled to close the national event on November 13, 2021 at the same venue.

A total of 3,609 athletes from provinces across Indonesia, except West Sulawesi, will compete in 12 sports at 12 venues in Jayapura city and Jayapura district.

The 12 sports are powerlifting, athletics, boccia, badminton, chess, judo, shooting, archery, swimming, cerebral palsy soccer, wheelchair tennis, and table tennis.

There will be 2,812 medals contested, comprising 861 gold medals, 861 silver medals, and 1,090 bronze medals, in 640 events

Source: Antara News