ACROFAN

2020 India Online Edition of Break The Ceiling Touch The Sky® to Focus on New Skills Needed in a Vuca World

McKay Brothers launches Illinois-Busan and Tokyo-Busan bandwidth at lowest known latency

Winners in 2020 Asia-Pacific Stevie® Awards Announced

VIISA Acceleration Program Batch 7 graduated

Cromwell Property Group and Cromwell European REIT Partner with EXS and Stratus for New Data Centre Property Platform

China Everbright Limited and Terminus Technologies Launch A 10-Billion AI Economy Fund

Xinhua Silk Road: Shanghai ranks among top 3 international shipping centres

Mercurity Fintech Holding Inc. Announced Changes to Board Composition

China Rapid Finance Announces Change of its NYSE Ticker Symbol to "SOS" to Highlight Emergency Rescue Services Business

CFLD Named in World's Top 10 Most Valuable Real Estate Brands by Brand Finance

BEIJING, July 10, 2020 /PRNewswire/ -- China Fortune Land Development (CFLD) has been valued as one of the World's Top 10 Most Valuable Real Estate Brands in Brand Finance's 2020 report. Chinese brands took 20 of the 25 places, with Evergrande, Country Garden and Vanke dominating the top spots. Brand Finance has included CFLD in the list with an "A+" rating for three consecutive years, raising its ranking from 11th in 2019 to 10th in 2020. Brand Finance's latest report also now estimates the developer's brand value to be worth $4.953 billion, a remarkable 10.4 percent increase since 2019. Brand Finance is a leading global independent brand valuation consultancy, based in London, England. Its research is regarded as a reliable predictor of brand strength and stock market performance. It revealed that investing in highly branded companies can result in a return that is almost double the average return of all S&P 500 companies. "The real estate sector is one of the few sectors that should suffer limited impact as a result of the COVID-19 pandemic," remarks Richard Haigh, Managing Director of Brand Finance. He remains positive about the top 25 most valuable real estate brands increasing their financial advantages. This also holds true for CFLD's market performance. As China's renowned New Industry Cities developer and operator, CFLD has maintained steady growth over the years. According to its 2019 Annual Report, the company's operating revenue climbed to 105.21 billion yuan, a year-on-year increase of 25.6 percent. The net profit attributable to the listed company's shareholders reached 14.61 billion yuan, a year-on-year increase of 24.4 percent. CFLD has been committed to developing core metropolitan areas and industry-city integration, a strategy proving to be stable and reliable. Thanks to its unique Developmental PPP model, the company possesses key advantages in operating New Industry Cities. Moreover, CFLD has rapidly advanced into the fields of retail property, office buildings and other commercial real estate, and explored new real estate avenues such as healthcare facilities, public housing, and communities for scientists. In addition to being recognized by Brand Finance, CFLD also ranked 473rd on Forbes's "GLOBAL 2000 – The World's Largest Public Companies" list for 2020.

OKChain Testnet Updates to v0.10.9, Spot Leverage Trading and OpenDEX-Desktop Go Live

VALLETTA, Malta, July 10, 2020 /PRNewswire/ -- OKChain testnet, the commercial public chain developed by OKEx (www.okex.com), a world-leading cryptocurrency spot and derivatives exchange, has recently updated to v0.10.9. At the same time, the OpenDEX-Desktop and UI have gone open-source while the spot leverage trading function has reached 100% completion and OKChainSWAP's model design has also been completed. In addition, according to OKChain's latest Monthly Report — June 2020, OKChain-Wasm single-node testnet — running on the WebAssembly, or Wasm, virtual machine — completed deployment of a single-node network. The CosmWasm-simulate tool was also completed, a tool developed for Cosmos' Wasm-based smart contracting platform, CosmWasm. "As one of the most important infrastructures in the blockchain world, the development of OKChain has been advancing steadily," said Jay Hao, CEO of OKEx, continuing: "With more and more code going open-source, we are happy to see many excellent nodes and developers join the OKChain ecosystem, adding vitality to blockchain technology and OKChain. Recently, the stability test was completed. OKEx will continue to collaborate with the global community to roll out the OKChain mainnet soon." One of the most eye-catching updates is the spot leverage trading function. As of now, the demo version has been live and the UT (unit test) coverage rate, an indicator to measure the adequacy of the test, is higher than 95%. Besides, OpenDEX-Desktop, the first desktop program of OKChain, is open-source and has released Version 0.0.1. Users now can experience the transaction and wallet functions provided by the okex.com, and issue tokens and trading pairs on the testnet through the desktop. Besides, the OKChain-wasm single-node testnet has completed mirror compilation, deployment and the test of a single-node network. At the same time, the development of the CosmWasm-simulate tool has been completed and has been uploaded to the CosmWasm community. With the open-source code and continuous improvement of functions, more and more applications are on the way. During the Hackathon campaign, as of June 30, 23 teams and two independent developers have participated and 16 entries have been received. According to on-chain data, the block height on OKChain is 7,410,206 (as of June). 10,974,688 transactions have been processed and each block contains 10–20 transactions, showing a high degree of stability. About OKEx A world-leading cryptocurrency spot and derivatives exchange, OKEx offers the most diverse marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks. We provide spot and derivatives trading — including futures, perpetual swap and options — of major cryptocurrencies, offering investors flexibility in formulating their strategies to maximize gains and mitigate risks. Logo - https://photos.prnasia.com/prnh/20200526/2813046-1-LOGO?lang=0

Boao Forum for Asia Launched Asian Index of Financial Inclusion Ecosystem (AIFIE)

BEIJING, July 10, 2020 /PRNewswire/ -- The sudden outbreak of the COVID-19 at the beginning of this year has taken unprecedented tolls on people's lives and global economy. The prolonged interruption in consumption and production has resulted in severe economic contraction and massive job losses worldwide, and the social inequality has further aggravated the social conflict. To face the challenges brought by the worst recession since World War II, many Asian countries have attached increasing importance to the role of financial inclusion in serving the real economy, supporting micro-,small & medium enterprises (MSMEs) ,creating jobs, reducing poverty, protecting vulnerable groups and alleviating social contradictions. In recent years, the development of financial inclusion in Asia has reached or surpassed the average world level. The term "financial inclusion" or "inclusive finance" was first proposed by the United Nations in 2005 "International Year of Microcredit", referring to a state in which all people with financial needs have access to a full suite of quality financial services, provided at affordable prices, in a convenient manner, and with dignity for the clients. The concept has since attracted widespread attention from organizations and countries around the world and hence been continuously developed and refined. In the past, traditional financial inclusion services mainly focused on availability and cost of credits obtained by MSMEs and households. But now, thanks to the rapid adoption of digital technology, digital financial inclusion not only greatly extends the service radius of financial businesses, but also broadens the categories of the services to a much larger extent, from account opening, payments, deposits, wealth management to loans, insurance and even commodity futures trading. The basic and upgraded financial needs are all covered, and can almost be executed through mobile phones while staying at home. Amidst social distancing caused by the Pandemic, digital financial inclusion has demonstrated strong advantages. It is expected that, after the pandemic, clients will be more adapted to contact-free financial services, and their digitization will be further accelerated. To further promote the development of financial inclusion in Asia, the Boao Forum for Asia (BFA) and the Asian Financial Cooperation Association (AFCA) jointly held the "Roundtable on Ecosystem Building and Digital Development of Financial Inclusion in Asia" and launched the BFA flagship report "Asian Financial Development Report on Financial Inclusion" on July 2 in Beijing, with support of Institute of Digital Finance (IDF) of Peking University. This report reviews the developmental experiences of financial inclusion in Asian countries and introduces "Asian Index of Financial Inclusion Ecosystem (AIFIE)" for the first time. The index is compiled with data from the World Bank and the World Economic Forum, and it objectively evaluates the comprehensive situation of the financial inclusion ecosystem in 27 Sample Asian countries from the 6 perspectives of "Business Environment and Government Efficiency", "Economic and Financial Environment", "Access to credit", "Digital Infrastructure", "Financial Consumer Literacy", "Current Development of Inclusive Finance". According to the overall index, high performers based on the index include Singapore, South Korea, the United Arab Emirates, Israel, Japan, Malaysia, China, Thailand, Bahrain, Kazakhstan, etc. The report also shares the experience and practical cases of Asian countries in developing financial inclusion, such as China's efforts in national strategy, monetary credit supply, fiscal and tax policies, governance framework and institutional capacity; Cambodia's achievements in constructing the credit registration system; Mongolia and South Korea's efforts in promoting financial literacy, insurance awareness, and protection of the people; Japan is a three-dimension policy financing supply system formed by the Japan Finance Corporation (JFC), the Credit Guarantee Corporation (CGC), and the Shoko Chukin Bank; Cambodia CBC Credit Information System; India UPI Electronic Payment System; China Utilizing Moveable Assets in SMEs Financing, etc. BFA Vice Chairman Mr. ZHOU Xiaochuan, Nobel Prize Winner Professor Muhammad Yunus and other important representatives from the industry and academia attended the event. Full report download:English: http://english.boaoforum.org/u/cms/www2/202007/02204130ly0a.pdf Chinese: http://www.boaoforum.org/u/cms/www/202007/0220425444v5.pdf The Boao Forum for Asia is a non-government and non-profit international organization jointly initiated by 29 countries. It is committed to promoting regional cooperation in Asia and pooling positive energy for the development of Asia and the world. For media inquiries, please contact us at:Ms.Li: press2@boaoforum.org Related Links :http://www.boaoforum.org/

36Kr launched the "8-minute Conference" to help entrepreneurs connect with partners

BEIJING, July 10, 2020 /PRNewswire/ -- In April 2020, in order to help entrepreneurs effectively connect with investors and potential partners through online communication platform, 36Kr, a NASDAQ-listed company with the ticker of KRKR, launched the "8-minute Conference". The 8-minute Conference invites entrepreneurs to focus on introducing their new projects and new products in 8 minutes based on a one-page plan. Potential partners can also communicate with the entrepreneurs online synchronously to achieve more follow-up cooperation. The project introduction time is limited to 8 minutes, hoping that entrepreneurs will show the core highlights of the project. The 8-minute Conference process includes 15-minute theme share by industry experts, 3-minutes project description and 5-minute online interaction with investors or partners, 7-minute dialogue with 36Kr's senior analysts to discuss the key issues in depth. 8-minute Conference has helped 40 outstanding entrepreneurs publish their new projects through live broadcasts, which has attracted the attention of more than 600,000 people in 2 months. More than 1,000 investors have visited the 8-minute Conference live broadcast room to watch the project release. On average, an independent project can get about 35 accurate dockings. Founded in 2010, 36Kr is a pioneering and well-recognized brand in New Economy service field in China. Bolstered by the premium content and resources, 36Kr has expanded its types of business to online advertising services, enterprise value-added services, as well as subscription services. Enterprise value-added services business has become the fastest-growing and most promising segment in recent years. In the fiscal year 2019, the revenue of 36Kr's Enterprise value-added services increased by 218.7% year-on-year to RMB320 million (US$45.9 million), which accounted for 48.8% of the total revenue, as the most significant contributor. On May 6, 2020, 36Kr announced that the board of directors of the Company approved a share repurchase program, under which 36Kr is authorized to repurchase up to a total of 1,000,000 of its ADSs, each representing 25 Class A Ordinary Shares. The boutique Investment Bank Needham recently remained its Buy rating of 36Kr, with a target price of $8/ADS.

Ping An Bank Ranks 46th on Top 1000 World Banks

HONG KONG and SHANGHAI, July 10, 2020 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or the "Group", HKEx: 2318; SSE: 601318) is pleased to announce that its subsidiary Ping An Bank Co., Ltd. ("Ping An Bank") is ranked 46th in The Banker's Top 1000 World Banks, up nine places from last year. The Banker, owned by Financial Times, is the world's premier banking and finance resource, read in over 180 countries. It is the key source of data and analysis for the industry. The Top 1000 World Banks list is published annually, recognizing global leaders in the industry for their achievements. Banks are assessed by Tier 1 capital, assets, capital/asset ratio, real profit growth, profit on average capital and return on assets. The Banker commented, "We can see that China has outperformed even more spectacularly in terms of absolute growth, compared to other Asian countries." Other top banks on the 2020 list include: Industrial and Commercial Bank of China, Bank of China, JP Morgan Chase & Co., Bank of America, Wells Fargo & Co., Citigroup and HSBC Holdings. Maintaining stable and healthy business growth In 2019, Ping An Bank realized a net profit of RMB28,195 million, up 13.6% year on year, and the growth rate was the highest for the past three years. Ping An Bank made significant progress in its strategic transformation to a retail banking focus. Retail banking's revenue and net profit recorded 29.2% and 13.8% growth year-on-year, accounting for 58.0% and 69.1% of Ping An Bank's revenue and net profit, respectively. Leveraging technology advantages to combat COVID-19 Amid the COVID-19 epidemic, Ping An Bank quickly resumed business through online digital operations. In the first three months of 2020, revenue increased by 16.8% year-on-year to RMB37,926 million. Net profit rose 14.8% year on year to RMB8,548 million. The cost-to-income ratio declined by 1.68 percentage points year on year to 27.94%. Benefiting from powerful big data credit investigation capabilities and a platform for a risk control model for digital finance, Ping An Bank enables 24-hours-a-day, seven-days-a-week online service and processing via a variety of contactless service channels for mainstream financing products, such as credit, guarantee and mortgage products. Ping An Bank also carried out thorough research among enterprises to implement emergency credit approval procedures for the emergency funding requirements of medical institutions, pharmaceutical and equipment production and supply, construction, material production and supply and transportation enterprises related to epidemic prevention and control. It introduced a fast credit approval process, reserved a special credit scale and offered preferential loan pricing terms to protect the capital needs of enterprises that support coronavirus infection prevention and control. Supporting sustainable development through green credit systemTo support sustainable development, including green industries that drive the low-carbon economy and emission reduction, Ping An Bank has enhanced support for innovation of green financial products. As of the end of 2019, the total green credit line granted by Ping An Bank reached more than RMB57 billion and the loan balance totaled approximately RMB25 billion. Ping An Bank has continually strengthened compliance inspections and post-loan management for environmental risk customers. It also incorporated the implementation of green credit in the scope of internal control compliance inspections and internal audits. It has also been improving Ping An Bank's own environmental management, conducting dynamic monitoring and regular analysis of the credit situation for energy savings, emission reduction and elimination of outdated production capacity across Ping An Bank. Ping An Bank also incorporates verification environmental protection information into the overall credit management process. Mr. Xie Yonglin, President and Co-CEO of Ping An Group, Chairman of Ping An Bank said, "Founded in Shenzhen, Ping An Bank has benefited from the opportunities brought by China's economic reform. It has achieved rapid development and emerged into a commercial bank with unique retail characteristics and leading technological capabilities. Going forward, leveraging on the two advantages of Ping An Group in integrated finance and technology, we will continue to consolidate our position as a digital bank, an eco-bank and a platform bank, in order to achieve further advancement. We will employ more professional and more inclusive financial services to support the real economy and people's livelihoods, to remain true to our original aspiration and fulfill our responsibility as a financial institution." About Ping An Group Ping An Insurance (Group) Company of China, Ltd. ("Ping An") is a world-leading technology-powered retail financial services group. With over 204 million retail customers and 534 million Internet users, Ping An is one of the largest financial services companies in the world. Ping An has two over-arching strategies, "pan financial assets" and "pan health care", which focus on the provision of financial and healthcare services through our integrated financial services platform and our five ecosystems of financial services, health care, auto services, real estate services and smart city services. Our "finance + technology" and "finance + ecosystem" strategies aim to provide customers and internet users with innovative and simple products and services using technology. As China's first joint stock insurance company, Ping An Group is committed to upholding the highest standards of corporate reporting and corporate governance. The Company is listed on the stock exchanges in Hong Kong and Shanghai. In 2020, Ping An ranked 7th in the Forbes Global 2000 list. In 2019, Ping An ranked 29th on the Fortune Global 500 list. Ping An also ranked 38th in the 2020 WPP Kantar Millward Brown BrandZTM Top 100 Most Valuable Global Brands list. For more information, please visit www.pingan.cn.Related Links :http://www.pingan.cn

EQT Infrastructure Enters Into a New Scheme Implementation Agreement With Metlifecare

APVG, an entity owned by EQT Infrastructure has entered into a new Scheme Implementation Agreement to acquire 100 percent of Metlifecare's shares The transaction consideration of NZD 6.00 per share gives a total consideration of approximately NZD1.3 billion Metlifecare's largest shareholder, NZ Super, which holds 19.86 percent of Metlifecare's shares, has committed to vote in favor of the Scheme Metlifecare and APVG have agreed to discontinue the court litigation and settle all disputes in respect of the previous SIA STOCKHOLM, July 10, 2020 /PRNewswire/ -- Asia Pacific Village Group Limited ("APVG"), an entity owned by EQT Infrastructure IV ("EQT Infrastructure" or "EQT") and managed by EQT Fund Management S.à r.l. has entered into a new Scheme Implementation Agreement ("SIA") with Metlifecare, to acquire 100 percent of Metlifecare's shares by way of a scheme of arrangement ("Scheme"), subject to certain conditions. The parties have agreed to discontinue the court litigation and settle all disputes in respect of the SIA dated 29 December 2019, with the parties to bear their owns costs in relation to the litigation. Metlifecare is a leading New Zealand owner and operator of retirement villages, providing rewarding lifestyles and outstanding care to more than 5,600 New Zealanders. Established in 1984, it currently owns and operates a portfolio of 25 villages in areas with strong local economies, supportive demographics and high median house prices, located predominantly in New Zealand's upper North Island. APVG has entered into a voting deed with Metlifecare's largest shareholder, New Zealand Superannuation Fund Nominees Limited ("NZ Super") which holds 19.86 percent of Metlifecare's shares. Under the voting deed NZ Super has agreed, among other things, to vote in favor of the Scheme subject to certain terms and conditions. A copy of that voting deed has been released to the market through the substantial product holder notice issued by APVG and EQT Infrastructure. Fabian Gröne, Partner at EQT Partners and Investment Advisor to EQT Infrastructure, said: "Metlifecare is a well-respected operator of high-quality retirement villages known for its provision of exceptional care. Metlifecare's growth pipeline will be accelerated by EQT's support and investment horizon that looks beyond the current environment. EQT Infrastructure is pleased that NZ Super, Metlifecare's largest shareholder, and the board are supportive of the revised offer. EQT would also like to acknowledge the incredible efforts of all of Metlifecare's staff in keeping the residents of Metlifecare's villages safe and healthy during this extraordinary period." The investment in Metlifecare is in line with EQT's thematic approach guided by the United Nations Sustainable Development Goals, specifically SDG 3, "Good health and well-being" and SDG 11, "Sustainable cities and communities". The transaction will be implemented by a scheme of arrangement, a court-supervised process under which a meeting of shareholders will be held to vote on the transaction. The Scheme is subject to customary conditions including shareholder approval, High Court approval and Overseas Investment Office consent and there being no prescribed occurrence (as defined in the SIA). The Scheme is not however subject to a material adverse change condition. It is currently contemplated that the Scheme will be implemented in late October 2020. The Scheme also contains customary exclusivity provisions in favor of APVG, including "no shop, no talk, no due diligence" restrictions. These restrictions are subject to exclusions which permit Metlifecare's board to engage on a competing proposal which is (or is reasonably capable of becoming) a superior proposal, subject to notifications being made to APVG and APVG's right to match any such proposal. APVG and EQT Infrastructure IV are being advised by Goldman Sachs, Bell Gully, King & Wood Mallesons, Simpson Thacher & Bartlett, EY and Colliers. With this transaction, EQT Infrastructure is expected to be 80-85 percent invested (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication), subject to shareholder and Court approval. About EQT EQT is a differentiated global investment organization with more than EUR 62 billion in raised capital and around EUR 40 billion in assets under management across 19 active funds. EQT funds have portfolio companies in Europe, Asia-Pacific and North America with total sales of more than EUR 27 billion and approximately 159,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.More info: www.eqtgroup.com Follow EQT on LinkedIn, Twitter, YouTube and Instagram About Metlifecare Metlifecare is a leading New Zealand owner and operator of retirement villages, providing rewarding lifestyles and outstanding care to more than 5,600 New Zealanders. Established in 1984, it currently owns and operates a portfolio of 25 villages in areas with strong local economies, supportive demographics and high median house prices, located predominantly in New Zealand's upper North Island. More info: www.metlifecare.co.nz Contact: International media inquiries: EQT Press Officepress@eqtpartners.com +46-8-506-55-334 New Zealand media inquiries: David Lewisdavid@thompsonlewis.co.nz+64-21-976-119 Australian media inquiries:Jim Kellyjim@domestiqueconsulting.com.au+61-412-549-083 This information was brought to you by Cision http://news.cision.com https://news.cision.com/eqt/r/eqt-infrastructure-enters-into-a-new-scheme-implementation-agreement-with-metlifecare,c3152005 The following files are available for download: https://mb.cision.com/Main/87/3152005/1277481.pdf Press release EQT Infrastructure IV Metlifecare 200710

ZhongAn Successfully Priced Inaugural US$600 million 5-year Senior Unsecured Notes Issue

Received a Baa1 IFSR Rating of the Company and Baa2 Rating of the Senior Notes with Oversubscription Exceeding 6 Times at Orderbook PeakHONG KONG, July 10, 2020 /PRNewswire/ -- ZhongAn Online P & C Insurance Co., Ltd. ("ZhongAn Online" or "ZhongAn" or the "Company", HKEx: 6060), a leading online InsureTech company in China, today announced the successful pricing of its US$600 million 5-year 3.125% senior unsecured notes (the "Notes") on July 9, 2020, which are expected to be listed on the Hong Kong Stock Exchange. The Joint Global Coordinators and Joint Bookrunners of this issuance are J.P. Morgan, Credit Suisse, China International Capital Corporation and Morgan Stanley. This marks ZhongAn's inaugural public bond issuance in the offshore capital markets. Moody's Investors Service, a leading international credit rating agency, has assigned a Baa1 insurance financial strength rating (IFSR) to the Company with Stable outlook, and a Baa2 rating to the Notes. Moody's noted in its rating report that, ZhongAn's Baa1 IFSR reflects its market presence as the leader in China's online insurance sector, its strong capitalization, improved product diversification, and low high-risk asset leverage. With stable outlook, Moody's expects that ZhongAn will continue to maintain strong capitalization and gradually improve its underwriting profitability. Such rating of the Notes does not constitute a recommendation to buy, sell or hold the Notes, does not address the likelihood or timing of prepayment and may be subject to revision, qualification, suspension or withdrawal at any time by Moody's. The issuance garnered significant interest from international investors. With an oversubscription exceeding 6 times at orderbook peak, the final price was 285 basis points above the on-the-run 5-year U.S. Treasury bond, tightening by 45 basis points from initial price guidance. In addition, the financing scale of US$600 million is the largest debut USD bond offering by Asian corporates in 2020YTD, and also ranks No. 1 in global InsureTech debt financing. This demonstrates the confidence the capital markets investors have in ZhongAn's competitive strengths, business model and growth prospects. Net proceeds from the issuance is intended to be used by the Company for working capital and general corporate purposes. In embracing the "Insurance + Technology" dual engine strategy, ZhongAn will continue to explore numerous application scenarios and capitalize on the vast growth potential of the InsureTech market. Throughout the COVID-19 epidemic, insurance technology has played a significant role in the digital transformation of health insurance and the entire insurance industry. This trend is in line with ZhongAn's plans for strategic development. Recently, ZhongAn announced a positive profit alert and expected net profit attributable to owners of the Company of the first half of 2020 (the "Period") to increase by no less than 100%. During the Period, the Company's gross written premiums increased steadily and combined ratio further improved, thus narrowing underwriting loss. This demonstrates the great efforts of the Company to further improve its financial performance. With the issue of the Notes, ZhongAn believes it will better finance its business development initiatives, while optimizing its capital structure and enhancing international credibility. ZhongAn also believes that its access to diversified financing channels in the future will help sustain the Company's stable and long-term growth. In addition, the Company believes that the successful notes issue is a positive sign for ZhongAn to strengthen its brand recognition and further expand its international footprint. About ZhongAn Online P&C Insurance Co., Ltd (HKEx: 6060) ZhongAn Online P & C Insurance Co., Ltd. ("ZA Online" or "the Company") is a leading InsureTech company in China. Incorporated on 9 October 2013, the Company primarily offers insurance products and solutions in the context of five major ecosystems: health ecosystem, lifestyle consumption ecosystem, consumer finance ecosystem, auto ecosystem, and travel ecosystem. ZA Online has proved and enhanced its technology strength through the operations of its insurance business and exports its advanced experience and technologies to domestic and overseas clients. On 28 September 2017, ZA Online became the first Fintech company to be listed on the HKEX (Stock Code: 6060) and from 2018 onwards, the Company started to explore international business development, cooperation and investment opportunities in relation to Fintech and InsureTech businesses in overseas markets. Media Inquiry ChristensenShirley ChanTel: +852 2232 3933Email: schan@christensenir.com

SpaceTravel to partner with UnionPay, The Embassy of the Republic of Indonesia & Bali Tourism Promotion Board to Bolster Bali Tourism Industry through

Unlocking Post Covid Tourism Potential Through Digital TransformationBALI, Indonesia, July 10, 2020 /PRNewswire/ -- SpaceTravel, UnionPay International, and the Bali Tourism Promotion Board, supported by the Embassy of the Republic of Indonesia in Singapore, yesterday officially kicked off their partnership to offer BUBU, a lifestyle app for tourists in Bali. Singapore-based startup, SpaceTravel, will develop this app as this partnership hopes to embrace digitisation to bolster the Bali tourism industry through its recovery. This partnership was announced at a webinar yesterday "Digitisation to Unlock Tourism Potential Post-Covid". The event was attended by His Excellency Ngurah Swajaya, the Ambassador of the Republic of Indonesia to Singapore, Mr. Muhammad Neil El Himam, Director for Application & Governance of Digital Economy – Ministry of Tourism and Economy Creative of the Republic of Indonesia, Dr. Putu Saroyini, Vice-Chair Bali Tourism Promotion Board, Mr. Wenhui Yang, General Manager, UnionPay International (UPI) Southeast Asia, Mr .Ping Teck Huat, CEO of SpaceTravel Pte Ltd, and other distinguished guests. BUBU is an all in one application that allows tourists to Bali to navigate, book accommodation, transport and look for merchant offers, whilst giving merchants the ability to gain insights about and reward consumers when they spend. In his opening address, Ambassador Ngurah said that since the pandemic Covid-19, the government has developed and rolled out a comprehensive strategy for the development of the Indonesian Tourism in line with the Cleanliness, Health, and Safety (CHS) protocol. "The plan to reopen is gradual and emphasizes the importance of developing confident, safety, and quality tourism. Reopening borders has been discussed in the ASEAN context," he said. Following him, Mr. Neil El Himam shared with attendees several marketing strategies which tapped on digitisation to increase quality tourist visits to Indonesia in the future. This included Indonesia Care, which taps on VR, Big Data, and blockchain to promote virtual, seamless tourism to future tourists to Bali. "While we don't hope to replace the in person experience, tourists can now preview what they will be seeing on the trip before they embark on it," he remarked. Similarly, Dr. Putu Saroyini stressed the use of mobile applications to engage the Chinese tourist market, which accounted for close to 20 percent of the country's 18,000 daily visitors pre-Covid. Dr. Putu highlighted that the BUBU App taps on the human desire to gain rewards for their actions, which will encourage them to spend while travelling. "This gamification feature will promote a higher user engagement, which I believe will make it the ideal choice for travellers when they come to Bali," she said. This was a sentiment echoed by Mr. Ping, who urged offline businesses to be quick in adopting digitisation to reach out to potential tourists while observing safety. "With the help of local tourism boards and UnionPay, we are able to engage these merchants directly and connect them with potential customers in a contactless and hygienic way," he said. Mr. Wenhui Yang, General Manager of UPI Southeast Asia further added, "We are pleased to be part of this partnership, to bring more value to our Cardholders, merchant acquirers, and Bali merchants alike. "This app makes it easier for tourists to not only find their way around Bali, but to easily find and pay for exciting merchant offers when visiting the famed island of the Gods," he said. In Bali, the province's success in fighting COVID-19 has resulted in the Indonesian government expressing interest in reopening its door on 11 September 2020. This has caused much excitement for industry players, who see this as an opportunity for business recovery and even growth. UnionPay is accepted at almost all merchants in Bali now, and in many parts of Indonesia. UnionPay serves the world's largest Card base of over 8 billion and is one of the fastest growing international payment networks, now accepted in 179 countries and regions. SpaceTravel also plans to conduct other webinars like best practices for businesses to stay connected to consumers during this challenging time, dialogues with local businesses on how they pivoted to ensure the proper roll-out of the COVID-19 safe distancing measures, and training on tools across the Facebook platform. Technical support for BUBU is provided by Huawei Cloud.Related Links :http://www.unionpayintl.com

Bentley Systems’ Acceleration Fund Announces the Launch of Virtuosity, a Bentley Company

Bentley Systems, Incorporated, a leading global provider of comprehensive software and digital twins services for advancing the design, construction, and operations of infrastructure, today announced that its Acceleration Fund has invested in launching Virtuosity, a Bentley company. Virtuosity exclusively offers Virtuoso Subscriptions that bundle — with a Bentley infrastructure modeling, simulation, or construction application — the virtually delivered services of Virtuosity’s experts to accelerate and advance the success of an infrastructure practitioner. Virtuoso Subscriptions are now available, at virtuosity.com, for Bentley applications including MicroStation, OpenBridge, OpenBuildings, OpenFlows, OpenRail, OpenRoads, OpenSite, OpenTower, OpenWindPower, AutoPIPE, ContextCapture, LEGION, MOSES, PLAXIS, RAM, SACS, SoilVision, STAAD, and SYNCHRO, and Bentley’s iTwin Design Review cloud service. Virtuosity’s expert services, accessible through Virtuoso Subscription “keys,” include a range of training and one-to-one mentoring activities, and on-demand learning and content, increasingly integrated during actual application usage. Allan Murphy, Virtuosity CEO, said, “The world’s infrastructure professionals have all gained a new appreciation for what can be achieved through online collaboration. We think this is the perfect time to inaugurate our commercial innovation: a virtuoso subscription that enhances the functionality of a software application through intrinsic assistance from subject matter experts. We’re marshalling and virtualizing our domain expertise to help every infrastructure practitioner perform with the confidence of a virtuoso!” Werner Felber, Managing Partner, Boley Geotechnick GmbH, Beratende Ingenieure, said, “With Virtuoso Subscriptions, professionals across our international teams can support projects more effectively. Virtuosity’s experts will help keep us current in going digital by constantly leveraging what’s new in Bentley’s applications to ensure our competitiveness in the market and the best results for our customers.”

Q Division Bringing Emerging Technology Expertise to Advanced Materials Pandemic Task Force

DAYTON, Ohio, July 9, 2020 /PRNewswire/ -- Q Division today announced their participation as commercial retail experts in the global Advanced Materials Pandemic Task Force (AMPT) - an international public-interest initiative focused on using Advanced Materials to solve some of humanity's most pressing challenges such as the current global health crisis. AMPT brings together experts from multidisciplinary domains and will rely on deep insights into emerging technology from Q Division's Manolo Almagro and Ben Gauthier. The Task Force will establish a framework to develop strategies, coordinate activities and bring together critical mass and resources from multidisciplinary domains, including academia, engineering, life and health sciences, public health, economics and social sciences. This global network will identify current and future needs to develop and implement innovative solutions based on advanced materials in the pandemics and post-pandemics era using a resource and knowledge-sharing approach. Q Division will provide the team with critical insights on how evolving consumer behavior will impact areas such as; contactless transactions, supply chain, package design and COVID safety compliance. "Q Division's domain expertise in commercializing emerging technology across various industries will be a critical contribution to helping build the AMPT global roadmap," said Dr. Zina Jarrahi Cinker, Director General at AMPT. The Task Force will formulate a roadmap delineating how advanced materials solutions can be deployed at different phases of a pandemic such as COVID19 by creating a library of knowledge, extensive mapping of user-centric needs, an expansive network of scientific labs, advanced material companies and testing facilities. "I am truly honored to be working with this international task force. Since the COVID outbreak, Q Division has been tracking both the short- and long-term impacts that emerging technology will have across several industry verticals. Consumer behavior, commerce and operations are evolving. We're providing our teams with critical insights on adding consumer and employee safety and helping inform the AMPT workstreams," said Manolo Almagro, Managing Partner at Q Division. "Our participation in this global effort is vital in surfacing opportunities between retailers, brands, and those studying the properties of the advanced materials," said Ben Gauthier, Technology and Commerce Partner at Q Division. "As a team, we will be able to more rapidly uncover applications of advanced technology in a new world post pandemic." Learn more about the AMPT here: www.amptnetwork.com About Q DivisionQ Division is a global team of business management consultants, commerce experts and transformative engineers who help companies develop strategies for digital transformation. We help companies: Choose the best strategies, find the right technology and accelerate transformation. Learn more about Q Division by visiting www.qdivision.us. Follow us on LinkedIn and Twitter. Photo - https://mma.prnasia.com/media2/1202306/q_division.jpg?p=medium600 Logo - https://mma.prnasia.com/media2/728966/Q_Division_Logo.jpg?p=medium600 Related Links :http://www.qdivision.us

PSP Investments Posts 8.5% 10-year Annualized Rate of Return for Fiscal Year 2020

Focus on long-term horizon and diversification safeguards pensions of contributors and beneficiaries who dedicate their professional lives to public service. Highlights: Ten-year net annualized return of 8.5%--above the return objective of 5.7%--generated $32.9 billion of cumulative excess net investment gains. Over the last 10 years, PSP Investments' performance exceeded the performance of the Reference Portfolio by 1.3% per year without incurring more pension funding risk. Five-year net annualized return of 5.8% exceeded the policy portfolio benchmark of 5.1%. MONTREAL, July 9, 2020 /PRNewswire/ -- The Public Sector Pension Investment Board (PSP Investments) ended its fiscal year March 31, 2020, with a five-year net annualized return of 5.8% and a 10-year net annualized return of 8.5% on its investments. During the same period, PSP Investments generated $32.9 billion of cumulative net investment gains above the return objective over the past 10 years. The one-year total portfolio net return was -0.6%, reflecting severe market declines due to the global COVID-19 pandemic in the weeks preceding the March 31, 2020 year-end. Nonetheless, this result exceeded the reference portfolio's1 one-year return of -2.2%. The pension investment manager reported $169.8 billion in net assets under management, compared to $168.0 billion the previous fiscal year, an increase of 1.1%. "I want to thank the PSP Investments team for their work safeguarding the investments made on behalf of the public sector pension plans, many of whose members are among the frontline heroes actively supporting Canadians during the COVID-19 pandemic," said Neil Cunningham, President and Chief Executive Officer at PSP Investments. "Despite the decline in equity markets before the year-end, we were able to exceed the reference portfolio for the fiscal year and maintain a long-term return of 8.5%, which outperformed both the 10-year reference portfolio return of 7.2% and the 5.7% long-term return objective," Mr. Cunningham added. "Strong returns over the past years have helped bring the pension plans into a favourable funding position." "Our focus on the long-term horizon has served us well during the global pandemic and has become more important than ever," said Eduard van Gelderen, Senior Vice President and Chief Investment Officer at PSP Investments. "Before the pandemic, we were preparing for an eventual market downturn after many years of sustained growth in order to be able to respond quickly if a crisis occurred. Our strategies have proven their effectiveness in maintaining our portfolio's stability and liquidity during tumultuous times." __________________________________ 1 PSP's Reference Portfolio is a simple portfolio composed of publicly traded securities that could be passively managed at minimal cost. The Reference Portfolio is designed in such a way that, based on our long-term capital market assumptions, it is expected to deliver the Return Objective over the long-term with minimum investment risk. ASSET CLASS NET ASSETS UNDER MANAGEMENT* (billion $) ONE-YEAR RETURN FIVE-YEAR RETURN % OF TOTAL NET ASSETS PMARS** $81.1B (3.0)% 4.3% 47.8% Private Equity $24.0B 5.2% 7.2% 14.2% Credit Investments $13.3B 4.3% 11.8%*** 7.8% Real Estate $23.8B (4.4)% 8.3% 14.0% Infrastructure $18.3B 8.7% 12.1% 10.8% Natural Resources $7.6B (5.2)% 6.6% 4.5% *This table excludes Cash and Cash equivalents and the Complementary Portfolio. **Public Markets and Absolute Return Strategies. ***Annualized return since inception (4.3 years). As at March 31, 2020: PMARS, which is composed of Public Market Equities (excluding cash and cash equivalents) and Fixed Income, ended the fiscal year with $81.1 billion of net assets under management, an increase of $0.3 billion from fiscal year 2019. Overall, the group incurred a performance loss of $2.4 billion, for a one-year return of -3.0%. PMARS generated a five-year annualized return of 4.3%. Public Market Equities faced a volatile and challenging environment through the weeks ending the fiscal year: in fewer than five weeks, many of the indices lost approximately 30% of their value, experiencing one of the fastest and most significant stock market declines ever recorded. Fixed Income's assets under management ended the year at $32.7 billion, up from $29.8 billion in 2019. Private Equity ended the fiscal year with net assets under management of $24.0 billion, $0.5 billion more than in fiscal year 2019, and achieved a one-year return of 5.2%. Performance income reached $1.1 billion despite significant unrealized valuation losses across the portfolio due to the COVID-19 pandemic. Fiscal year 2020 was marked by continued strong deployment across the U.S. and Europe, largely offset with another record year of dispositions resulting from active monetization of significant direct investments. New co-investments totaling $3.4 billion were made primarily in the health care, financials and technology sectors including, among others, the acquisition of significant interests in Convex, a de novo specialty property and casualty insurance company; Galderma, a leading global provider of skin health products, headquartered in Switzerland; Lytx, a US-based leading provider of video telematics solutions for commercial and public-sector fleets; and Ceva Sante Animale, a French global veterinary health company well positioned to tackle issues related to feeding a growing population. Credit Investments ended the fiscal year with net assets under management of $13.3 billion, an increase of $2.8 billion from the prior fiscal year, and generated performance income of $488 million, resulting in a 4.3% one-year return that exceeded the benchmark return of -3.7%. The group made $7.2 billion in acquisitions, which were partially offset by $3.9 billion in dispositions driven by the higher churn of its maturing portfolio and opportunistic selling prior to the COVID-19 pandemic and net valuation losses of $1.4 billion. The portfolio is well diversified across asset types, geographies, industries and equity sponsors. Benefitting from strong credit selection, the group has been able to deliver interest income that exceeds that of the benchmark since inception. Real Estate ended the fiscal year with $23.8 billion in net assets under management, up by $0.3 billion from the previous fiscal year, and incurred a performance loss of $1.0 billion, resulting in a -4.4% one-year return. The 8.3% five-year annualized return exceeded the 6.1% benchmark return. Performance for the current year was affected by COVID-19, which generally had a negative effect on the overall portfolio. The pandemic significantly impacted the value of the global retail portfolio and more specifically the malls in the U.S. The Alberta office portfolio was particularly impacted by the pandemic and the drop in oil prices that exacerbated the negative sentiment on the Alberta economy. The impact on our global industrial assets was more subdued as the sector produced a positive return. Real Estate maintained its focus on building a world-class portfolio of assets in major international cities and deploying into high-conviction sectors. Acquisitions included a large multi-family portfolio in seven U.S. cities in partnership with Berkshire Group, a large industrial portfolio in Mexico with Advance Real Estate and a multi-family portfolio with Starlight Investments in Canada. The group also made strategic disposals of core assets that had attained their objectives in the office sector. Infrastructure ended the fiscal year with $18.3 billion in net assets under management, a $1.5 billion increase from the prior fiscal year, and generated $1.4 billion of performance income, leading to an 8.7% one-year return exceeding the benchmark of -3.2%. Infrastructure deployment was mostly across North America and Australia and included new direct and co-investments totalling $2.3 billion. Key investments included the take-private of AltaGas Canada, a large Canadian company with natural gas distribution utilities and renewable power generation assets. The group also acquired an interest in AirTrunk, the largest independent operator of hyperscale datacentres in the Asia Pacific region. Natural Resources ended the fiscal year with net assets under management of $7.6 billion, an increase of $0.8 billion from the previous fiscal year, and incurred a performance loss of $0.4 billion, for a one-year return of -5.2%, exceeding the -5.8% benchmark return. The five-year return for the group was 6.6%, exceeding its benchmark of 1.9%. Since-inception return also remains positive and the group has consistently exceeded its annual benchmark. Performance for the current year was dampened by COVID-19, which significantly impacted the carrying value of the group's non-core oil and gas assets. The crisis did not have a significant impact on our core agriculture and timberland investments. The year was marked by continued strong deployment of $3.2 billion, mainly in agriculture in both Australia and North America. Notable agriculture investments included the board-supported take-private of one of Australia's leading agribusinesses, and a buy-and-lease transaction on ~ 11,500 hectares of mature almond orchards and associated water entitlements located in Victoria, Australia. On the timber front, the group increased its exposure to Canadian timberlands in a high-quality asset with a trusted and proven management team. Total Costs Over the past five years, PSP Investments has been building the organization and ramping up capabilities to achieve our Vision 2021 Strategic Plan. The business units, strategies and portfolio have undergone significant transformations. We have also continued to pursue internal active management where we have increased the allocation of the portfolio toward more private market asset classes. Finally, we have opened international offices to build local presence in London, New York and Hong Kong. All such efforts have already started to yield benefits indicating that associated costs will pay off. Expressed in bps of AUM, our total cost ratio is slightly above that of fiscal year 2019. Similarly, the operating costs ratio, a component of our total costs, remained almost at the same level as that of fiscal 2019. Worth noting is that, absent the COVID-19 pandemic's impact on AUM, both, the total cost ratio as well as the operating costs ratio would have been more favourable. In fact, the operating costs ratio would have been lower in fiscal year 2020 than in fiscal year 2019. Corporate Highlights Our risk management and monitoring system prompted PSP Investments to assemble a COVID-19 Task Force in mid-January. This contributed to PSP Investments being one of the early movers in response measures and created a seamless shift to working from home starting March 2020. Some of the actions taken to support management's cost-saving measures included suspending an increase in Directors' compensation and temporarily freezing external hiring and annual salary increases. Moreover, PSP Investments established a special COVID-19 Emergency Relief Initiative, which raised over $700,000 for charity, of which the executive team and the Board Directors contributed $300,000. The funds will help the Red Cross, United Way, Community Foundations of Canada and HealthPartners. In addition, PSP Investments' CEO, Neil Cunningham, donated 50% of his FY20 salary to COVID-19-related charities. In fiscal year 2020, we advanced our total fund investment approach as part of our One PSP vision and five-year Vision 2021 strategic plan. Our Chief Investment Office launched several initiatives to enhance our ability to apply a total fund perspective when crafting investment strategies, making business decisions and managing risk, leverage and liquidity. Our Total Fund approach continued to evolve as we shifted to anchoring our performance and programs to our Reference Portfolio, which will be operationalized in fiscal year 2021. We continued to deliver on our optimization program and seamlessly transitioned to a new custodian bank to support our global expansion in a cost-efficient manner. We also advanced our digital strategy to be more effective and scaled and secured technology to gain better portfolio insights and enable robust analytics and data-driven investing. We further ingrained innovation within the organization, with new investment strategies being incubated in all asset classes that leverage long-term market trends and disruptive technologies. We ramped up operations in our Asian hub, with our team there successfully deploying our Asian strategy and establishing solid relationships with local partners. We expanded our presence locally with additions to our local Private Equity and Infrastructure teams. We continued to develop our talent and enhance the employee experience. As part of our suite of development programs called The PSP Way, we created a new curriculum for first-time managers and launched the Leadership Journey program for senior leaders. We continued to prioritize inclusion and diversity through our eight affinity groups whose initiatives included a one-week forum offering 18 sessions with over 600 employees participating. Our employee engagement consistently scored well above industry norms. We continued to embed environmental, social and governance considerations into every aspect of the investment process, across all asset classes. Accomplishments included significant progress on assessing the investment portfolio's exposure to climate change risks and opportunities to ensure the resilience of PSP Investments long-term asset allocation. Our fourth annual Responsible Investment Report can be consulted here. "In these difficult times, we want to reassure contributors and beneficiaries about our solid long-term financial performance that sustains the pensions of those who have served our country," said Neil Cunningham, President and Chief Executive Officer at PSP Investments. "We built our investment portfolio and organization to be resilient and diversified. This approach has made a difference during the health crisis the world is currently experiencing." "Looking to the future, fiscal year 2021 marks the last year of our Vision 2021 strategic plan," added Mr. Cunningham. "We will now work to consolidate the foundation we've built to support our future growth, resilience and stability in an increasingly changing investment environment. As we start to develop the next iteration of PSP Investments' strategy, I would like to express my thanks to our team around the world for rising to each new challenge and continuing to spot opportunities that emerge." For more information on PSP Investments' fiscal year 2020 performance, visit www.investpsp.com or download the annual report here. About PSP InvestmentsThe Public Sector Pension Investment Board (PSP Investments) is one of Canada's largest pension investment managers with $169.8 billion of net assets under management as of March 31, 2020. It manages a diversified global portfolio composed of investments in public financial markets, private equity, real estate, infrastructure, natural resources and credit investments. Established in 1999, PSP Investments manages net contributions to the pension funds of the federal Public Service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montreal and offices in New York, London and Hong Kong. For more information, visit www.investpsp.com or follow us on Twitter and LinkedIn. Media Contacts, Maria Constantinescu, PSP Investments, Canada: 514-218-3795, Toll free: 1-844-525-3795, Email: media@investpsp.ca Logo - https://mma.prnasia.com/media2/1202361/PSP_Investments_PSP_Investments_Posts_8_5__10_year_Annualized_Ra.jpg?p=medium600 Related Links :http://www.investpsp.ca/

Intellectual Ventures Names Arvin Patel to its Invention Investment Fund as Chief Operating Officer

IP industry veteran to lead commercialization strategy and execution, business development BELLEVUE, Washington, July 9, 2020 /PRNewswire/ -- Today, Intellectual Ventures (IV) announced Arvin Patel as the company's Chief Operating Officer for its Invention Investment Fund (IIF). Patel will lead commercialization strategy and execution, business development, and partnerships across the fund's vast patent portfolio. Patel is expected to start in September, reporting to IIF Executive Vice President, Mathen Ganesan. Arvin Patel will be joining Intellectual Ventures as Chief Operations Officer for the Invention Investment Fund leading commercialization strategy and execution, business development and partnership efforts across the fund's portfolio. "Arvin is a seasoned and respected thought leader with decades of experience in technology, intellectual property, and public policy," said Nathan Myhrvold, Founder and CEO of Intellectual Ventures. "His deep IP expertise strengthens our mission to support a robust ecosystem where impactful invention can thrive." "I'm thrilled to have Arvin join the team," said Mathen Ganesan, IIF Executive Vice President. "His proven track record in IP commercialization and patent litigation strategies will be a huge benefit as we look to take our commercial activity to the next level, building on the licensing successes of the last three years. Arvin is a true advocate of a nimble, multidisciplinary, and collaborative team approach that complements our culture here at IV." Previously, Patel served as the Executive Vice President and Chief Intellectual Property Officer at TiVo, now an Xperi company. At TiVo, he oversaw the annual $400 million IP business, including the company's industry-leading portfolios of approximately 6,000 issued and pending patents worldwide. Within the IP business, Patel led TiVo's global organization of IP professionals tasked with ongoing portfolio development and management, licensing, strategic patent acquisition, policy, and the company's long-term innovation strategy. At TiVo, Patel forged collaborative relationships with leading universities and Silicon Valley companies. He will continue to evolve and advance innovative IP licensing collaboration models at IV. "Intellectual Ventures is one of the most forward-thinking innovation companies in the world. I'm honored to join this exceptional team," said Arvin Patel. "I hope to continue to build on the mission of impact invention at IV and bring real change not only to the technology industry but in the way that innovation is created and distributed around the world." About Intellectual Ventures Intellectual Ventures (www.IntellectualVentures.com) is a global invention and investment business that creates, incubates and commercializes impactful inventions. Led by avid inventor and technology leader Nathan Myhrvold, IV has created more than 15 companies with the power to transform industries. At the edge of technological advances to serve both the developed and developing world, IV works with many of the world's top inventors to push innovation forward. Photo - https://mma.prnasia.com/media2/1201487/arvin_patel_9550.jpg?p=medium600 Related Links :https://www.intellectualventures.com/

Frost & Sullivan Recognizes DrFirst for Solutions Providing Secure Communication, Collaboration, and Real-Time Access to Patient Information at the Po

DrFirst wins Digital Health Data Industry New Product Innovation Award for its suite of products that improve healthcare providers' clinical view of patients' medical information and drug regimens SANTA CLARA, California, July 9, 2020 /PRNewswire/ -- Providers across multiple care settings require technology that supports clinical collaboration (including telehealth), medication and clinical management, medication reconciliation, and medication adherence. After an extensive review of the U.S. digital health data market, Frost & Sullivan recognizes DrFirst for its range of technology solutions that address these four main healthcare challenges, drive safer care, and foster better health outcomes. DrFirst Specifically, Frost & Sullivan has named DrFirst the winner of its 2020 U.S. New Product Innovation Award in recognition of how the company continuously evolves its technology to lead in response to healthcare needs. This year, DrFirst has introduced offerings that bridge the information gap to payer clinical data and added telehealth, e-signature, and form support to meet the needs of physicians, pharmacists, dentists, patients, payers, and electronic health record (EHR) and electronic medical record (EMR) solution providers. "DrFirst is well-positioned across the healthcare industry, both as a direct supplier or a partner, to address the need for better access not only to data but to usable information that improves the delivery of patient care," said Victor Camlek, Frost & Sullivan research manager. "The recent COVID-19 pandemic has changed healthcare forever. Over the next decade, every sector within healthcare will have an increased need for new and innovative products and services that close gaps between information and people. DrFirst's strategy to lead the evolution of healthcare by securely connecting people at every touchpoint of care will give the company a significant edge in the long term." In its award report, Frost & Sullivan acknowledges the unique benefits of DrFirst's solutions, among them: Backline care collaboration platform, which enables telehealth, instant sharing of clinical data and documents, patient updates, and provider instructions among a patient's care team and the patient. Clinicians can engage patients via telehealth; collaborate with the care team via secure chat; share HIPAA-compliant messages, images, files, and videos; complete and manage e-forms, and send patient reminders. Unlike other telehealth options, Backline maintains continuity of care by connecting patients with their current medical team, rather than with a random telehealth physician. CareComplete, which gives providers actionable information from payers at the point of care within EHR workflow without logging into multiple external portals. Doctors see patient-specific benefits and price transparency, as well as clinical and prior authorization information in near real-time, to better understand a patient's health plan benefits as well as medical and medication history. iPrescribe (mobile), Rcopia (in-office), and EPCS Gold medication management systems, which give clinicians e-prescribing capabilities within EHR workflows, provide access to medication histories and formularies, deliver drug interaction alerts, and support the electronic prescribing of controlled substances. The iPrescribe mobile app allows clinicians to prescribe whenever and wherever they are and can be used in conjunction with any EHR, or none at all. Rcopia can be used alone or integrated into more than 320 EHR platforms. EPCS Gold was the first-ever solution for controlled substance e-prescribing in the U.S. MedHx, which increases the accuracy of imported medication history, reducing the risk of dangerous medication errors and adverse drug events due to missing and poor-quality prescription data and keyboard errors. SmartSig, a patented AI technology used within MedHx translates, infers, and normalizes prescription instructions into structured and discrete components that can be used by hospitals' electronic health record systems. Each year, Frost & Sullivan presents its U.S. New Product Innovation Award to a company that has developed an innovative element in a product by leveraging leading-edge technologies. The award recognizes the value-added features and benefits of the product and the increased return on investment it affords customers, which, in turn, raises customer acquisition and market penetration potential. Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry. About Frost & Sullivan For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. About DrFirst Since 2000, DrFirst has pioneered healthcare technology solutions and consulting services that securely connect people at touchpoints of care to improve patient outcomes. We create unconventional solutions that solve care collaboration, medication management, price transparency and adherence challenges faced in healthcare. We unite the Healthiverse—the interconnected healthcare universe—by providing our clients with real-time access to the information they need, exactly when and how they need it – so patients get the best care possible. DrFirst solutions are used by nearly 300,000 healthcare professionals, including more than 100,000 prescribers, nearly half the EHRs in the U.S., and more than 1,400 hospitals in the U.S. and Canada. To learn more, visit DrFirst.com and follow @DrFirst. Frost & Sullivan Contact:Kristen MooreP: 210.247.3823E: kristen.moore@frost.com DrFirst Media ContactSofia KosmetatosAmendola Communications646-431-8423skosmetatos@acmarketingpr.com Photo - https://mma.prnasia.com/media2/1202108/frost_sullivan_drfirst.jpg?p=medium600 Related Links :http://www.frost.com

CoinPayments Appoints Veteran Tech Marketer Ray Torresan as CMO to Drive New Branding & Global Growth

GEORGE TOWN, Cayman Islands, July 9, 2020 /PRNewswire/ -- CoinPayments, the world's leading cryptocurrency payments processor, today announced veteran tech marketer and entrepreneur Ray Torresan as Chief Marketing Officer. Under Mr. Torresan's direction, CoinPayments is embarking upon a complete rebrand and will greatly increase its ongoing marketing activities to support exponential revenue growth targets. CoinPayments "Ray and I go back a long time and it's great to be working with him again," said CoinPayments CEO Jason Butcher. "His deep understanding of qualitative and quantitative marketing and his mastery of brand dynamics is unparalleled. CoinPayments will benefit greatly from Ray's leadership and expertise as we work toward aggressive growth plans this year." Mr. Torresan brings decades of technology marketing experience to CoinPayments. In 1998 he co-founded and managed MindfulEye, an artificial intelligence company whose technology was a first for determining the sentiment of information disseminated online. He later co-founded institute B, a prominent Vancouver-based social enterprise incubator. Mr. Torresan also founded and ran Torresan|TCI Communications, one of Vancouver's best-known public relations companies. Most recently, he built and exited Archive Digital, a marketing agency specializing in e-commerce. "CoinPayments is one of the most ambitious companies I've ever worked with, and the opportunity to build on this global foundation is truly compelling," explained Mr. Torresan. "2020 will be a year with dozens of milestones: from top-tier partnerships to a refreshed brand and a renewed focus on data-driven marketing. My goal is to tie all of those elements together into a cohesive marketing strategy that will meet the significant growth goals we've set as a firm." Mr. Torresan's appointment is effective immediately. About CoinPaymentsCoinPayments is the easiest, fastest and most secure way for merchants worldwide to transact in cryptocurrencies. It is the first and largest cryptocurrency payments processor with more than US $5 billion in total transactions to date, while supporting more than 1,900 coins, and is the preferred cryptocurrency payment solution for merchants and eCommerce platform providers worldwide. Founded in 2013, CoinPayments is dedicated to providing clients with fast, secure and user-friendly crypto payment APIs, shopping cart plugins, digital wallets, and a host of other solutions supporting cryptocurrency payment applications. Learn more at: https://www.coinpayments.net/ Logo - https://mma.prnasia.com/media2/1202192/coinpayments_coinpayments_appoints_veteran_tech_marketer_ray_tor.jpg?p=medium600

Alan Burr Joins Sucden Financial for LME Metals and Options in Hong Kong

LONDON, July 9, 2020 /PRNewswire/ -- Sucden Financial, the global multi-asset execution, clearing and liquidity provider, has appointed Alan Burr for LME metals and options trading at its Hong Kong subsidiary. The appointment of Burr will help enhance the Hong Kong hub's market making to add liquidity in the region. He will primarily focus on LME metal products, including options and average price contracts, working directly with the category one LME member's London trading team. In time, Burr will look to add precious metals and iron ore. Prior to joining Sucden Financial, Burr was Director and Head of Metals Trading at Société Générale in Hong Kong and Singapore where he was responsible for trading and providing market making of metals products, covering base and precious metals and iron ore. He began his career at Natixis Commodity Markets Limited in 1995 and became a floor dealer in 1999 before moving to Natixis Asia Limited as Director and Head of Metals Asia in Hong Kong. In 2012 he moved to Newedge Financial Hong Kong Limited where he was Director and Head of Metals, establishing a new team across sales, trading and E-business. Marc Bailey CEO of Sucden Financial said, "I am delighted to welcome Alan, who brings a wealth of on-the-ground experience dealing with clients in the Asia region. His appointment will boost our already established presence in the area, as we continue to grow our international business during these unprecedented times." About Sucden Financial With a history and heritage in commodity futures and options trading, Sucden Financial has evolved and diversified to become a leading global multi-asset execution, clearing and liquidity provider across FX, fixed income and commodities. Sucden Financial has a proven track record of over 45 years in financial markets. Since its foundation in 1973, it has been supported by its parent, Sucden, one of the world's leading soft commodity trading organisations, while remaining fully independent in its day-to-day trading operations. Sucden Financial has headquarters in London, with offices in Moscow and subsidiaries in Hong Kong and New York, providing a global reach and a local service to clients around the clock. Sucden Financial Limited is authorised and regulated by Financial Conduct Authority Sucden Financial (HK) Limited is licensed by the Securities and Futures Commission (SFC). Logo: https://mma.prnasia.com/media2/1134362/Sucden_Financial_Logo.jpg?p=medium600 Related Links :http://www.sucdenfinancial.com

Danke Partners with SF.Freight, Huolala to Provide One-click Moving Service for China College Grads

BEIJING, July 9, 2020 /PRNewswire/ -- Phoenix Tree Holdings Limited ("Danke" or the "Company") (NYSE: DNK), one of the largest co-living platforms in China with the fastest growth, has teamed up with leading logistics service provider SF.Freight and on-demand delivery provider Huolala to offer one-click moving service for college graduates in China. With the impact of the COVID-19 pandemic and resulting travel restrictions, college graduates face many challenges in moving their belongings out of their on-campus dorms. To help college graduates move out smoothly, Danke is offering coupons valued at up to RMB100 for shipment of oversized packages using SF.Freight, and for moving services provided by Huolala, respectively. Whether for an intra-city move, or for shipping long distance or across the country, these services are extremely helpful and therefore in high demand among college graduates. The launch of Danke's one-click moving service, in collaboration with SF.Freight and Huolala, guarantees a hassle-free moving experience for recent college graduates, while also providing a measure of financial support. To help college graduates find affordable apartments and settle down in their desired cities after graduation, Danke provides a complete rental solution, including high-quality standardized and furnished apartments, best-in-class services, and online/offline community activities through its Starling Project. More than one million graduates from over 2,000 colleges and universities have benefited from the project over the past four years. As a leading co-living platform in China, Danke pioneered an innovative ''new rental'' business model, which features centralization, standardization and online experience to address the numerous pain points suffered by both individual property owners and renters. Founded in 2015, Danke now operates in 13 major cities around the country and provides its young and well-educated residents with affordable, comfortable and stylish apartments. ABOUT DANKE Danke, one of the largest co-living platforms in China with the fastest growth, is redefining the residential rental market through technology and aims to help people live better. Empowered by data, technology, and a large-scale apartment network, Danke's vibrant and expanding ecosystem connects and benefits property owners, residents, and third-party service providers, and delivers quality and best-in-class services through an innovative "new rental" business model featuring centralization, standardization, and a seamless online experience. Danke was founded in 2015 and is headquartered in Beijing, China. For more information, please visit ir.danke.com. CONTACTS Danke PREmail: pr@danke.com Edmond LococoICR, Inc.Email: DankePR@icrinc.com Phone: +86 138-1079-1408 Related Links :http://ir.danke.com

Mastercard partners with tonik, Philippines' first digital-only neobank, to accelerate financial inclusion

The partnership reinforces Mastercard's leadership position as a fintech accelerator, with tonik officially licensed as a Mastercard issuer and integrated into Mastercard's global payment network.MANILA, Philippines, July 9, 2020 /PRNewswire/ -- Mastercard today announced a new partnership agreement with tonik, a two-year-old startup which recently received a bank license in the Philippines. Through this partnership, Mastercard will further enhance tonik's market proposition by enabling the latter to issue a range of electronic payments products that taps into Mastercard's global network and extensive business intelligence when tonik launches operationally later this year. tonik and mastercard partnership Internet penetration in the Philippines is at 67 percent[1], and one third of the population is millennials[2]—many of whom are digital natives. However, according to the 2017 Financial Inclusion Survey by Bangko Sentral ng Pilipinas (BSP), over 70 percent of the country's population is unbanked[3]. At the same time, 60 percent of Filipinos who are either in the formal banking system or can become part or the system, are willing to use offerings that are digitally focused[4]. Achieving financial inclusion by leveraging financial technology has been top on the agenda for Bangko Sentral ng Pilipinas, which has set the goal of doubling the number of Filipinos with formal bank accounts by 2023[5]. Driving digital financial inclusion and expanding access to formal financial services for the unserved and underserved population is one of the cornerstones of tonik's proposition. As a mobile-only digital bank, tonik is able to develop highly customized, scalable banking solutions that fit the needs of a customer base that is incredibly diverse, ranging from people who are just making their first forays into the formal banking system, through to customers who have held accounts and used financial products for most of their adult lives. Because of its digital-first approach, tonik is well placed to meet consumers' needs and demands irrespective of where they live, work and do business. "We want to empower the underserved and unserved Filipinos by giving them simple, accessible, and fast digital banking experiences. We want our customers to easily gain familiarity with transacting and banking digitally in order to help them harness the full potential of the rapidly changing digital economy. Our partnership with Mastercard is about injecting more speed, scale, and performance into all facets of our business. Having immediate access to Mastercard's global payment network, safety & security technology, data and analytics services, AI technology, and cybersecurity capabilities will be essential to tonik's growth and success in today's digital-first reality," said Greg Krasnov, CEO & Founder, tonik. Orchestrating this partnership is Mastercard Fintech Express, a tailored program which provides fintechs such as tonik with increased speed-to-market, access to a suite of digital-first products, and a cross functional team of experts to provide strategic counsel and advisory across product, partnerships, licensing and legal to be able to successfully build their offerings. "The entire payments ecosystem thrives when fintechs have access to the technology they need to reach scale and make finances widely accessible. tonik exemplifies an agile and innovative fintech whose ambition of driving financial inclusion in the Philippines through digital-first products and seamless consumer experiences is closely aligned with Mastercard's mission to connect and power an inclusive, digital economy that benefits everyone. tonik's ability to secure a bank license as a startup is nothing short of exceptional and Mastercard is delighted to partner with them to enhance the Philippines' digital banking space and to boost the nation's financial inclusion journey," said Rama Sridhar, Executive Vice President, Digital & Emerging Partnerships and New Payment Flows, Asia Pacific, Mastercard. tonik will launch with a full range of banking services including a transactional savings account with a debit card, savings and term deposit accounts with attractive interest rates, as well as a range of consumer loans in Q3 2020. Debit Mastercard cards will be available to customers at the end of the year and will allow customers to transact and withdraw cash from everywhere Mastercard is accepted. Additional services such as loans, credit cards, and fund transfer categories will be made available in the course of 2021. - The End - About tonik tonik (www.tonikbank.com) is the first digital-only neobank in the Philippines, on a mission to revolutionize the way money works. It provides deposit, loan, payment, and card products to consumers on a highly secure digital banking platform. tonik is led by a veteran senior team who have previously built and scaled multiple digital and retail banks and fintechs across global emerging markets. Founded in 2018, tonik is launching operationally in 2020 in the Philippines on the basis of its own bank license, with support and R&D functions based in Singapore and Chennai, India. About Mastercard (NYSE: MA), www.mastercard.comMastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all. [1] Digital 2020: The Philippines, We are Social, Hootsuite [2] Decoding Millennials, Philippine Association of National Advertisers [3] 2017 FINANCIAL INCLUSION SURVEY Moving Towards Digital Financial Inclusion, Bangko Sentral ng Pilipinas [4] Fintech and Digital Banking 2025, Asia Pacific, IDC, Backbase [5] BSP targets to double number of Filipinos with bank accounts, The Philippine Star Photo - https://photos.prnasia.com/prnh/20200708/2851831-1?lang=0

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