Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 344

Archive for 7 settembre 2018

The Banking Industry in South Africa 2018

Posted by fidest press agency su venerdì, 7 settembre 2018

The South African banking sector which has total assets of R5.14-trillion, remains highly concentrated with the five largest banks holding 91% of total assets as of 31 December 2017.While the country’s big banks dominate, the sector is also diversified with 36 South African banking institutions registered with the Reserve Bank and 30 foreign banks with approved representative offices in South Africa. There are over 6,000 credit providers registered with the National Credit Regulator.The banking landscape is changing rapidly as banks face increasing competition from technology-based financial services – from newly established banks to retailers offering mobile transactional banking accounts.Competition coming from newly-licensed commercial banks and growing credit granting from other credit providers is likely to encourage the big four banks to place increasing emphasis on growing customer numbers with innovative product offerings, especially to attract lower-income earners.Competition from newly established Discovery Bank, Bank Zero and TymeDigital, which aim to disrupt the sector, may force big banks to intensify efforts to modernise technology platforms to satisfy customers’ demand.

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Transcat Acquires Angel’s Instrumentation Inc.

Posted by fidest press agency su venerdì, 7 settembre 2018

Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it has acquired substantially all of the assets of Angel’s Instrumentation Inc. (“Angel’s Instrumentation” or “AI”), effective August 31, 2018. The purchase price was $4.7 million and is subject to certain customary holdback provisions. Established in 2000, AI provides in-house and on-site calibrations nationally to the manufacturing and maritime industries from its Chesapeake, Virginia calibration laboratory. With approximately $4 million in annual revenue, AI’s comprehensive service offerings include RF & electronic test equipment, physical, dimensional, thermal, flow and torque calibrations. AI is accredited by the American Association of Laboratory Accreditation (“A2LA”) in accordance with the recognized International Standard ISO/IEC 17025:2005 General requirements for the competence of testing and calibration laboratories, and also meets the requirements of ANSI/NCSLI Z540-1-1994 and the requirements of ANSI/NCSLI Z540.3-2006 and R205.“Angel’s Instrumentation is a good strategic fit for us as it strengthens our position in the mid-Atlantic region and expands our customer base. We also plan to leverage our national footprint to lower AI’s cost of service to its national customers,” commented Lee D. Rudow, President and Chief Executive Officer of Transcat. “Importantly, Angel’s Instrumentation shares our deep commitment to quality and customer service and we welcome the entire team to the Transcat family.”

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Trend Micro Teams Up with Moxa to Secure and Accelerate Industrial Internet of Things Applications

Posted by fidest press agency su venerdì, 7 settembre 2018

Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, has announced a new partnership with Moxa Inc., a leader in industrial communication and networking, as part of its Technology Alliance Partner Program to jointly develop state-of-the-art solutions to protect Industrial Internet of Things (IIoT) environments like smart manufacturing and smart energy.IIoT projects offer organizations across a range of sectors the opportunity to become more agile, efficient and cost effective. In manufacturing, oil and gas, and transportation, adoption of solutions is estimated to have reached 86 percent1. Surging interest in IIoT is also driving a rapidly growing smart city market predicted to be worth over $2.5 trillion by 20252.
However, IIoT cyber risk continues to grow and threaten the success of IIoT applications. Insecure devices and networks can be exploited to sabotage industrial equipment, leveraged to cause damaging ransomware outages, or used to reach sensitive stores of corporate data elsewhere on enterprise networks. Many organizations struggle with securing their IIoT devices because these devices are at the crossroads of IT and OT organizations. The responsibility for their security is often unclear.To provide the security necessary for edge connectivity, device management and product longevity for IIoT applications, the initial joint offering will focus on endpoint lockdown, firewalls for operational technology (OT) networks, and embedded security to add value for asset owners and plant operators across the globe.Trend Micro identified the potential challenges faced by IIoT stakeholders early on and has been working on several fronts to secure the entire ecosystem, from data center to device. This includes developing and gathering intelligence on new vulnerabilities, collaborating closely with ISPs on Virtual Network Function-based security, and working on innovative new solutions with embedded computing developers and device manufacturers.

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BringCom Completes Acquisition of Uganda Privately Owned Network Service Provider, Datanet

Posted by fidest press agency su venerdì, 7 settembre 2018

BringCom Incorporated, a leading provider of connectivity solutions to developing countries, announced that it has completed the acquisition of Datanet.Com, LLC in Uganda after receiving final approval from the regulatory authority (Uganda Communications Commission). Established in 1999, Datanet is a network service provider operating in Uganda and offering corporate network connectivity as well as secure and reliable wholesale access services. Datanet was the first company in the East African region to enroll in the MEF Services Interconnect program with the aim of establishing standardized Carrier Ethernet access services and networks. It also launched EP-LAN service over its Carrier Ethernet network between Uganda and Kenya powering multi-branch interconnectivity/operations and LAN extensions. More recently, the company announced its MEF CE 2.0 E-Access certification. Datanet provides the East African region MEF certified access circuits and services as well as ENNI interconnections to expand further the global reach of standardized Carrier Ethernet services. “Datanet’s acquisition reflects BringCom’s strategy to expand its pan-African Carrier Ethernet network and global connectivity services,” said Fabrice Langreney, President and CEO of BringCom. “Our team is excited to formally welcome our new colleagues to the BringCom family.” Datanet will allow BringCom to test its next-generation SDN/NFV platform in Uganda before the planned global rollout. BringCom’s SDN/NFV platform will improve its ability to support international carriers’ connectivity within Africa and competitively service the requirements of enterprises in the region.

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Ethoca Wins Three Honors at Australian Fraud Awards 2018

Posted by fidest press agency su venerdì, 7 settembre 2018

Ethoca, the industry standard for collaboration-based technology solutions that enable card issuers and online merchants to improve customer experience, increase card acceptance and stop ecommerce fraud and disputes, announced today that it has won ‘Most Innovative Online Solution’, ‘Vendor of the Year’ and ‘Best Collaborative Solution – Highly Commended’ at the 2018 Australian Fraud Awards. Hosted by Retail Risk, a global conference series attended by loss prevention professionals, the Fraud Awards celebrate the best anti-fraud and security technologies on the market today.Judges highlighted the innovative nature of Ethoca’s recently released Integrated Solution Suite. Comprised of three products working in sequence – Ethoca Eliminator, Ethoca Alerts and Enhanced Representments – this layered defensive system improves the customer experience while simultaneously reducing fraud and chargebacks and boosting transaction acceptance.
Speaking on the triple award win, Brett Small – Ethoca’s Regional Director for Asia Pacific – commented: “We’re delighted to be recognized not once, but three times at this year’s Australian Fraud Awards. The card-not-present industry in APAC is faced with increasing levels of criminal fraud and friendly fraud (also known as ‘false claims’), leading to significant pain for merchants, issuers and cardholders alike. In sectors like digital goods, false claims now reach upwards of 90% of all fraud volumes, which is having a significant impact on card acceptance.
The first layer of defense in Ethoca’s Integrated Solution Suite is Ethoca Eliminator. Eliminator resolves incoming friendly fraud disputes on the spot by providing cardholders with instant access to real time merchant intelligence the moment they call in to their bank, or directly via their desktop or mobile banking app. With cardholders now able to recognize their purchases through extended data including the digital receipt and rich order details, disputes are ‘deflected’ instantly and cardholders enjoy a much better experience.If cardholders continue to dispute a transaction, Ethoca Alerts then kicks in, sharing direct-from-source issuer data with merchants. This reduces the time it takes for merchants to be alerted to fraud and customer disputes from weeks to as little as a few minutes. Critically, it provides a unique opportunity to stop fulfillment and resolve the dispute through direct refund to the cardholder – avoiding chargebacks entirely.Merchants with high friendly fraud rates and the necessary compelling evidence may choose to fight their chargebacks to recover their revenue. Enhanced Representments is Ethoca’s flexible platform that leverages the know-how of Ethoca’s chargeback experts and automates the representment process so merchants get their money back faster and more efficiently – recovering revenue on up to 80% of all represented chargebacks. Ethoca’s presence in Asia-Pacific continues to expand, with customers now spanning 13+ countries in the region. This includes 18 leading card issuers and many of the area’s biggest ecommerce and retail brands – making Ethoca the largest and most wide-spread source of actionable customer dispute and fraud data in APAC.

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Philippine Veterans Bank Embarks on Digital Transformation to Serve Customers in New Ways

Posted by fidest press agency su venerdì, 7 settembre 2018

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Philippine Veterans Bank has selected Fiserv to help enable the bank’s digital transformation. The bank will launch digital banking capabilities for the first time as it focuses on delivering a unified customer experience that spans physical and digital channels. The bank will use DigitalAccess from Fiserv for online and mobile banking, extending the customer experience in new ways. DigitalAccess, which will integrate with the bank’s core account processing platform, enables digital onboarding to allow customers to open bank accounts and apply for loans and other banking products without having to visit a bank branch. Additional features include personal financial management tools, online mobile phone top-up capabilities, biometric authentication, actionable push notifications, and ATM and branch location searches.
In the future, as bank customers interact through branch and digital channels, they will be able to get the most up-to-date account information no matter which channels they use.“To support the growing needs of more mobile and digitally savvy customers, more financial institutions are embarking on the path of digital transformation,” said Marc Mathenz, managing director, Asia Pacific, Fiserv. “Veterans Bank is reinforcing their commitment to serving their customers with their decision to move to new technology that will facilitate interactions across physical and digital channels, allowing the bank to provide seamless financial services to customers.” Fiserv solutions enable clients to achieve best-in-class results in 16 countries across Asia Pacific. Fiserv provides a range of solutions to clients, including some of the largest banks in Australia, Thailand, and Indonesia, through its more than 6,000 associates in the region and offices in Sydney and Singapore. Worldwide, Fiserv supports more than 12,000 clients in over 80 countries with nearly 24,000 associates.Available to financial institutions outside the United States, DigitalAccess is designed to help meet the needs of new and growing financial institutions that require a solution with packaged and easy to deploy functionality. DigitalAccess offers the agility to meet fast-changing business and customer requirements, including the ability to scale as the business grows.In a world moving faster than ever before, Fiserv helps clients deliver solutions in step with the way people live and work today – financial services at the speed of life.

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GA-ASI Expands Team Reaper Australia

Posted by fidest press agency su venerdì, 7 settembre 2018

General Atomics Aeronautical Systems, Inc. (GA-ASI), the world’s leading manufacturer of Remotely Piloted Aircraft (RPA) systems, today announced the further expansion of Team Reaper Australia. Sentient Vision Systems, Team Reaper Australia’s newest member, is the only Australian provider of Intelligence, Surveillance, and Reconnaissance (ISR) solutions that has been an integral part of every Australian Unmanned Aerial System (UAS) program to date. The inclusion of Sentient Vision further reinforces Team Reaper Australia as the only viable solution to meet the Project Air 7003 requirement, which now consists of ten Australian companies providing a range of innovative sensor, communication, manufacturing and life-cycle support capabilities.
“General Atomics recognizes the importance of having a robust team of Australian industry partners to support the Air 7003 requirements,” said Linden Blue, CEO of GA-ASI. “We continue to be committed to partnerships with Australian industry and to providing a capable, affordable RPA system to the Australian Defence Force.””Sentient is proud of our close collaboration with the Australian Government. From our foundations of the Defence Science and Technology Group’s Capability and Technology Demonstrator (CTD) program, to our proud history of deployments in support of the Australian warfighter, Sentient sees the inclusion of our ViDAR wide area motion imagery payload as a part of Team Reaper Australia in support of the Air 7003 requirement as a reinforcement of Australian leadership in advanced autonomy,” said Simon Olsen, director of Business Development, Strategy and Partnerships at Sentient Vision Systems.Team Reaper Australia, originally consisting of Cobham, CAE Australia, Raytheon, and Flight Data Systems, was first announced at the Australian International Aerospace and Defence Exposition (AVALON 2017) by Linden Blue and Air Chief Marshal Sir Angus Houston, AK, DFC of Defence South Australia. Since Avalon 2017, Team Reaper Australia has expanded to ten companies, and now includes Cobham Australia, CAE Australia, Raytheon Australia, Flight Data Systems, TAE Aerospace, Rockwell Collins, Ultra Electronics Australia, Airspeed, Quickstep Holdings Ltd and Sentient Vision Systems.Project Air 7003 will provide the Australian Defence Force with an Armed MALE RPA system that will include aircraft and Ground Control Stations (GCS) that will be fully inter-operable with Australia’s allies.

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Pharmacovigilance Aspects of Licensing Agreements Programme

Posted by fidest press agency su venerdì, 7 settembre 2018

The “Pharmacovigilance Aspects of Licensing Agreements” conference has been added to ResearchAndMarkets.com’s offering.This programme will be of interest to all personnel involved in business development and licensing agreements aspects of pharmacovigilance.Whilst licensing agreements involving medicines are primarily driven by commercial considerations, the successful handling of pharmacovigilance obligations is a critical, but frequently overlooked, consideration. Negotiating the safety arrangements to ensure regulatory compliance by both partners can be a complex process. This is further compounded by lack of harmonisation and clarity of the regulations around the world.This seminar will review the existing global requirements relating to pharmacovigilance in contractual agreements. The emphasis will be on practical advice as to how to remain compliant with the legal obligations, how to satisfy good pharmacovigilance practice and quality management requirements, as well as how to promote harmonious business partnerships. This programme will be of interest to all personnel involved in business development and licensing agreements, including those working in drug safety and pharmacovigilance, regulatory affairs and drug registration, medical directors, R&D directors and company lawyers.

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