GMEX Group Wins Best Development in FinTech of the Year ACN Newswire

GMEX Group Wins Best Development in FinTech of the Year

November 28, 2022
LONDON, Nov 28, 2022 - (ACN Newswire via SEAPRWire.com) - GMEX Group ('GMEX'), a leader in digital business and technology solutions for capital markets, is proud to announce that it has been awarded Best Development in FinTech of the Year by Crypto AM for its GMEX Pyctor institutional-grade digital assets technology. These coveted awards are judged by an independent, expert panel of industry leaders. GMEX competed with other finalists including Revolut to win.GMEX Pyctor ('Pyctor') was acquired earlier this year by GMEX after being successfully incubated in ING Neo's innovation lab. It has been jointly developed in collaboration with multiple blue-chip financial institutions (both asset managers and banks) and regulators. This leading fintech provides regulatory compliant digital assets network and digital custody technology, and is designed for firms operating in regulated environments. It offers highly secure digital custody and transactional network services for a broad range of digital assets, as well as delivering interoperability between permissioned and public blockchains.GMEX Group is in its tenth anniversary year. While its business started in traditional finance, developing exchange matching engines, clearing, settlement and custodial solutions, the firm was early to get involved in the digital assets space in 2017 with the subsequent launch of the GMEX Fusion, a unique centralised and distributed ledger market infrastructure suite for exchanges and post trade operators. It now has multiple solutions as part of an overall technology fabric, including its MultiHub 'network of networks' service, which interfaces with Pyctor, removing the need to integrate with multiple trading parties, trading venues and digital custodians. Sitting at that intersection, GMEX is a hybrid finance specialist, addressing the interoperability issues experienced in the market to bridge traditional and digital assets activity aligned with current and evolving regulations.Hirander Misra, CEO of GMEX Group said: "The current environment will lead to increased regulations and an institutional digital flight to quality, creating a need for an offering which makes it easier navigate this with the right governance, control, security and risk management."He continued, "GMEX Group is the first company to offer an end-to-end multi-asset, multi-sector Hybrid Finance solution designed for regulated environments, which bridges the gap between off-chain Traditional Finance (TradFi), Centralized Finance (CeFi) and on-chain Decentralized Finance (DeFi) across jurisdictions. We are pioneering in the domain of Hybrid Finance (HyFi) and are thrilled to have our success in developing unique solutions to address industry challenges formally recognised with this highly prestigious award."Media Contact:GMEX GroupHelen DisneyThe Realization Group Tel: +44 (0)7792 376 546Helen.disney@therealizationgroup.compr@gmex-group.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Late heartbreak for TOYOTA GAZOO Racing in dramatic season finale JCN Newswire

Late heartbreak for TOYOTA GAZOO Racing in dramatic season finale

November 14, 2022
TOKYO, Nov 14, 2022 - (JCN Newswire via SEAPRWire.com) - The TOYOTA GAZOO Racing World Rally Team experienced late heartbreak in its goal of closing out the 2022 FIA World Rally Championship season with a victory at home in Japan.Car 1 (Sebastien Ogier, Vincent Landais)The return of Rally Japan to the WRC calendar for the first time since 2010 was highly challenging for teams, drivers and co-drivers, with an entirely new event held on demanding and twisting asphalt roads in the mountains of the Aichi and Gifu prefectures. The GR YARIS Rally1 HYBRID performed strongly from the beginning, and would win 11 out of 16 stages over the weekend. Unfortunately, a handful of small incidents on the tricky roads proved costly in terms of time and ultimately ended the team's chances of victory.Elfyn Evans produced one of his strongest performances of the season to fight for the victory down to the final day, which he began only four seconds from the lead ahead of a long loop of five stages totalling 69.82 kilometres. In the day's first stage he reduced that gap to just 0.6s with a fourth stage win of the weekend for himself and co-driver Scott Martin. However, in the next test they had to stop and change a wheel and tyre after running wide in a downhill right-hander, dropping them to fourth overall.This misfortune for Evans did promote Takamoto Katsuta into third position on his home rally in his TGR WRT Next Generation entry. Heavy rain hit for the final two stages of the event but Katsuta safely made it through the treacherous conditions to clinch a special podium finish, his second of the season together with co-driver Aaron Johnston.Sebastien Ogier showed excellent speed all weekend with his new co-driver Vincent Landais, and may have won had the pair not dropped 2m44s in Friday's first stage where they had to stop and replace a tyre. Fastest of all through both Saturday and Sunday's legs, Ogier fought back from last position to finish fourth overall ahead of Evans, only 2m24s from the winner and taking five stage wins along the way.After a record-breaking season where he became the youngest ever WRC champion, Kalle Rovanpera was also in the fight for victory until Saturday morning when he slid wide in one corner and made contact with a wall, forcing he and co-driver Jonne Halttunen to also stop and change a wheel. After losing significant time, they treated the rest of the rally as a valuable opportunity to test different car setups for the event's unique characteristics.Quotes:Jari-Matti Latvala (Team Principal)"In the end we did not have the weekend that we wanted to have here at Rally Japan. We can see that we had the speed as Seb was probably the fastest driver through the event and Elfyn was leading for much of the rally. It was just these incidents for each driver which were unfortunately counting against us. The stages here were very demanding and so narrow, so it was easy for these things to happen. At the end of this season we can be very satisfied to have reached our goals by winning all three championships, which is fantastic. Winning the home rally of TOYOTA GAZOO Racing would have been very special, but to have Taka on the podium of his home event feels almost just as good. In rallying, every event is bringing a different challenge and you cannot win every one."Sebastien Ogier (Driver car 1)"It was a challenging end to the rally today with the rain which we knew was coming. It was a tough tyre choice this morning with some stages to be driven in the dry and some in the wet so we had to go with a compromise. I think we had the correct choice overall as we were fastest again over the day. It's been a good weekend in terms of the performance and speed we showed again this weekend, and the first time with Vincent who has done a perfect job. Of course it would have been even better if we were rewarded with the result that I think we deserved, but some bad luck hit us again this weekend. We are all happy to see Taka on the podium at home and it's been great to have so much support here in Japan."Elfyn Evans (Driver car 33)"Naturally I'm massively disappointed about today. It's been a tough season personally and we had a chance here and threw everything at it. Today started really well, we had a good rhythm in the car and things were working well. But on the second stage we ran marginally wide and damaged the tyre. It was a big penalty for a small error but that's the nature of the game. It's really busy on the stages here so it was easily done. After that the battle for the win was over and then the rain came and the tyres we had left were not optimal for that. I'm really happy for Taka to be on the podium at his home event: He's worked hard all year and really deserves it."Kalle Rovanpera (Driver car 69)"This has been a tough rally and a challenging one just as we expected. It didn't go our way this weekend but sometimes it's like this. The main thing is we got to the end of the rally and learned some things for the future. Again we were using today as a test day and we wanted to keep the balance with the tyres consistent for the dry stages so that we could try some more things with the setup. I think we made a positive step and found some things which were nice to drive and at least we know the direction for the future. Overall we've had a really good season so we can be very happy with that and thanks to the team and everybody who made it possible."PROVISIONAL FINAL CLASSIFICATION, RALLY JAPAN1 Thierry Neuville/Martijn Wydaeghe (Hyundai i20 N Rally1 HYBRID) 2h43m52.3s2 Ott Tanak/Martin Jarveoja (Hyundai i20 N Rally1 HYBRID) +1m11.1s3 Takamoto Katsuta/Aaron Johnston (Toyota GR YARIS Rally1 HYBRID) +2m11.3s4 Sebastien Ogier/Vincent Landais (Toyota GR YARIS Rally1 HYBRID) +2m23.6s5 Elfyn Evans/Scott Martin (Toyota GR YARIS Rally1 HYBRID) +4m05.1s6 Gus Greensmith/Jonas Andersson (Ford Puma Rally1 HYBRID) +4m07.4s7 Gregoire Munster/Louis Louka (Hyundai i20 N Rally2) +7m50.8s8 Teemu Suninen/Mikko Markkula (Hyundai i20 N Rally2) +8m12.4s9 Emil Lindholm/Reeta Hamalainen (Skoda Fabia Rally2 evo) +8m25.6s10 Heikki Kovalainen/Sae Kitagawa (Skoda Fabia Rally2 evo) +8m59.8s11 Kalle Rovanpera/Jonne Halttunen (Toyota GR YARIS Rally1 HYBRID) +10m40.8s(Results as of 15:30 on Sunday, for the latest results please visit www.wrc.com)For more information, visit https://toyotagazooracing.com/wrc/release/2022/rd13-day4/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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SNS Network Technology Rolls Out Affordable Device Deals for Students as Schools Adopt Hybrid Learning ACN Newswire

SNS Network Technology Rolls Out Affordable Device Deals for Students as Schools Adopt Hybrid Learning

November 1, 2022
IPOH, Malaysia, Nov 1, 2022 - (ACN Newswire via SEAPRWire.com) - SNS Network Technology Berhad (Bursa: SNS, 0259), an ICT system and solutions provider, is pleased to announce the launch of a special device deal for students who are increasingly learning in online classrooms and need the tools to facilitate access for online learning.iTworldManaging Director of SNS, Ko Yun HungKo Yun Hung, Managing Director of SNS (Link) Managing Director of SNS, Ko Yun Hung, said, "This special deal is timely as the perfect tool for online classroom learning or hybrid learning given that the government launched the Hybrid Classrooms Pioneer Project. We believe that this special deal makes the devices very accessible to students and levels the playing field for virtual learning situations.""These devices are highly adaptable for students to browse through their coursework, take their tests onscreen or maintain a schedule; all while ensuring a smooth experience for classroom interactions. Students will not have to feel that non-physical interactions will make their experiences with teachers and fellow students any less.""We are also offering JOI, our smart classroom solution providing a flexible learning approach ideal for hybrid learning and emphasising critical skills such as communication, collaboration, critical thinking, and creativity. JOI devices are also compatible with the suite of Microsoft Office tools that unlocks the power of creativity and collaboration vital for online learning," Ko added.Starting from September 2022, 550 classrooms in 110 schools across the country will adopt the Hybrid Classrooms Pioneer Project as part of initiatives by the Ministry of Education (MOE) to accelerate digitalisation and adopt information and communication technology (ICT) in the public education system.MOE has also embarked on a three-phase RM1.3 billion programme to improve and replace ICT equipment and infrastructure including desktops and laptops, printers, projectors and charging ports, using the lease-to-use approach, in schools nationwide. The first phase involving RM411.8 million for 3,900 schools is almost complete, with the second phase to replace devices at 3,455 schools with an allocation of RM460.0 million will be completed by early 2023 while the third phase for 3,400 schools with an allocation of RM430.0 million is scheduled to be completed by the end of 2023.The special deals cover HP devices from as low as RM599, with savings of RM400 and Lenovo devices from as low as RM1,249 with savings of RM200. These modern devices fit for school-going kids comes in various form factor such as thin and light, rugged & 360 degrees flexible rotating device powered by Intel(R) Core(TM) processors & running latest Windows operating system. Devices equipped with JOI are also going for as low as RM599 with savings of RM600.Besides the special deals, premium devices are also available with options of iPad, MacBook Air, MacBook Pro and Microsoft Surface. Other models available include AVITA and Huawei MatePad.For more information on the product offerings, visit https://www.gloo.com.my/education-store for online purchases or locate their retail stores for in-store purchases - https://www.itworld.com.my/about-us and www.gloo.com.my/about-us.SNS Network Technology: 0259 [BURSA: SNS], https://www.sns.com.my/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Mitsubishi Motors’ New Generation ASX for Europe Premieres Online JCN Newswire

Mitsubishi Motors’ New Generation ASX for Europe Premieres Online

September 21, 2022
TOKYO, Sep 21, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Motors Corporation announced that Mitsubishi Motors Europe B.V., Mitsubishi Motors' subsidiary in Europe, premiered the new generation ASX for European market at an online event.New ASX ASX (RVR or Outlander Sport in some markets), a compact SUV, is one of Mitsubishi Motors' core models which was introduced to Europe in 2010. Based on the Renault-Nissan-Mitsubishi Alliance CMF-B platform, the new ASX is a compact SUV supplied by Renault and developed specifically for the European market. The model will be manufactured at Renault's Valladolid plant in Spain and will be in Mitsubishi Motors' showrooms in select European markets from March 2023. The new ASX features a flowing silhouette from the front to the rear, and the character line which rises toward the rear combines with the floating roof to give the vehicle a dynamic styling that expresses its agile driving. An element of Mitsubishi Motors' Dynamic Shield design concept is added to the front face, with a robust grille staging the iconic three-diamond logo. Further, sleek body sides and wide shoulders emphasize the powerfulness of the vehicle as it firmly grips the ground. The new generation ASX features a wide range of powertrain options to match today's varying needs in Europe. Topping the line-up will be the plug-in hybrid (PHEV) model with a 1.6-liter gasoline engine, two electric motors (an alternator-starter and a main motor), an automatic, multi-mode gearbox, and a 10.5 kWh battery. The full hybrid (HEV) model is comprised of a 1.6-liter gasoline engine with two electric motors, an automatic, multi-mode gearbox, and a 1.3 kWh battery. The mild hybrid model combines a 1.3-liter direct injection turbo with a 6-speed manual transmission or a 7-speed double-clutch automatic transmission (7DCT), and the entry model is available with a 1.0-liter turbocharged gasoline engine and a 6-speed manual transmission. Inside, a spacious cargo area and sliding rear bench enhance convenience for users. A Smartphone-link Display Audio (SDA) is located at the center of the instrument panel, and the Multi-Sense system controlled via the SDA allows the driver to select the drive mode that best suits their preference. In addition, advanced driver assistance systems such as MI-PILOT single-lane driver assistance technology for highways, which integrates Adaptive Cruise Control (ACC) and Lane Centering Assist (LCA), are available to support safe driving. About Mitsubishi MotorsMitsubishi Motors Corporation (TSE:7211) --a member of the Alliance with Renault and Nissan--, is a global automobile company based in Tokyo, Japan, which has about 30,000 employees and a global footprint with production facilities in Japan, Thailand, Indonesia, mainland China, the Philippines, Viet Nam and Russia. Mitsubishi Motors has a competitive edge in SUVs, pickup trucks and plug-in hybrid electric vehicles, and appeals to ambitious drivers willing to challenge convention and embrace innovation. Since the production of our first vehicle more than a century ago, Mitsubishi Motors has been a leader in electrification--launched the i-MiEV --the world's first mass-produced electric vehicle in 2009, followed by the Outlander PHEV --the world's first plug-in hybrid electric SUV in 2013. The company announced a three-year business plan in July 2020 to introduce more competitive and cutting-edge models, including the Eclipse Cross (PHEV model), the all-new Outlander and the all-new Triton/L200.For more information on Mitsubishi Motors, please visit the company's website at www.mitsubishi-motors.com/en/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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We need to talk about cybersecurity in hybrid IT ACN Newswire

We need to talk about cybersecurity in hybrid IT

July 15, 2022
MANILA, Jul 15, 2022 - (ACN Newswire via SEAPRWire.com) - It is imperative to take the required measures and have the appropriate protections in any hybrid work environment due to the rise in the usage of personal devices for work, network access through insecure connections, and targeted phishing efforts. The danger of a breach will grow with the adoption of a hybrid working model, even with appropriate cybersecurity safeguards for remote workers in place.Mr. Chito Jacinto, Vice President of ISOG and Board Member of ISACA Manila, gave some of his insights on growing cybersecurity in a hybrid environment. In our interview, he used the banking industry as an example of how organisational structures and accountability must adapt in order to scale up cybersecurity. As the most highly regulated business in the world, rising regulatory fragmentation can be seen not just from banking regulators but also from overall governmental authorities, making these institutions more exposed to cyber attacks. Mr. Jacinto advised that instead of a fragmented approach by concerned or operational units, a unified organisational or bank-wide strategy in response to cybersecurity-related requirements is required.According to him, a hybrid workplace poses hazards since present IT infrastructures were not built to meet the demands of a hybrid workplace, let alone a totally remote operation. This creates a situation in which multiple users, including both hardware and software security technologies, are not under the authority of the organisation's network.Mr. Chito Jacinto will facilitate an EDXchange session at the DX Leaders Strategy Forum Philippines on August 24-25, 2022. To join his roundtable, invitations are requested at Request Invitation - DX - Philippines 2022 (edxevents.com) (https://philippines2022.edxevents.com/request-invitation/). Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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