Category: Cloud & Enterprise

AppsFlyer Welcomes New Senior Marketing Director; Strengthening Its Commitment to APAC

Today, AppsFlyer, the global attribution and marketing analytics leader, announces that strategic technology marketing veteran Sam Chiu will head AppsFlyer’s marketing team as its new Senior Director of Marketing, Asia-Pacific (APAC). Sam will report to Ronen Mense, President and Managing Director, AppsFlyer APAC.

Sam Chiu, Senior Director of Marketing, APAC, AppsFlyer

This latest appointment follows the company’s recent senior hire of ex-Oracle Sales Vice President Joen van Driel as AppsFlyer’s VP of Sales for APAC earlier this year. With app install ad spend in the region poised to reach $61 billion in 2022, these key hires highlight AppsFlyer’s strengthening commitment to the region, signaling its plan to cement its leadership position in APAC’s marketing attribution and analytics space.

Sam Chiu, Senior Director of Marketing, APAC, AppsFlyer, said: “AppsFlyer is experiencing phenomenal growth, not only in APAC but globally, and I am honored to work alongside talented individuals in the team to further advance our marketing efforts and assert AppsFlyer’s dominance in the region. AppsFlyer is well-positioned to help marketers transform their businesses, and the mobile marketing industry continues to expand with the use of mobile apps wildly increasing day by day. I am excited about what lies ahead.”

In his new role, Sam will spearhead AppsFlyer’s brand awareness, strategic marketing strategies, and demand generation for the company, driving engagement strategies, supporting the current customer base and working with high-performing teams across countries to strengthen AppsFlyer’s presence. Currently based out of Hong Kong, Sam will relocate to AppsFlyer’s SEAPAC hub in Bangkok, where he will play a critical role in driving AppsFlyer’s go-to-market strategy for over 22 markets across ASEAN, South Asia (including India and Pakistan), Japan, Korea, and ANZ.

Ronen Mense, President and Managing Director, AppsFlyer APAC says, “Throughout the last twelve months we have continued to focus on growing AppsFlyer, not only in APAC, but globally. In a crucial time of AppsFlyer’s expansion, Sam brings in a wide range of experience, having worked at an array of established players in the industry. His role will drive key business goals in the region.”

Sam brings an extensive amount of experience with close to twenty years of digital transformation and omni-channel strategy implementation to AppsFlyer’s Southeast Asia-Pacific (SEAPAC) team. His full stack marketing tech career spans Boston, New York City and Hong Kong across agencies (iProspect), publishers and ad networks (Microsoft, Yahoo), and B2C & B2B advertisers (DFS/LVMH, SAS), with deep experience driving campaign results for various Fortune 500 firms.

About AppsFlyer

AppsFlyer, the global attribution leader, empowers marketers to grow their business and innovate with a suite of comprehensive measurement and analytics solutions. Built around privacy by design, AppsFlyer takes a customer-centric approach to help 12,000+ brands and 8,000+ technology partners make better business decisions every day. To learn more, visit www.appsflyer.com

Media Contacts
PRecious Communications on behalf of AppsFlyer
appsflyer@preciouscomms.com

NexWEB Technologies Chooses Butterfly Protocol for Powering its Blockchain Domain-Based NFT Platform

NexWEB Technologies, delivering technology innovation since 2012, is pushing into the decentralized and distributed web space by utilizing the Butterfly Protocol, the premiere community-driven blockchain domain provider. Building upon the open-source toolset that Butterfly provides, NexWEB will create additional tools to enable NFT (non-fungible token) marketplaces to be developed and deployed quickly.

The Butterfly Protocol is the world’s leading community-driven blockchain domain provider. It allows anyone to sponsor a blockchain top-level domain (bTLD) for use by the community or private use by using BFLY tokens to create the bTLD. Sponsors can acquire BFLY tokens via several DEFI exchanges, including the Uniswap platform. Once BFLY are used to sponsor a bTLD, they are burned and removed from the finite supply.

Eddie Quiroz, Founder of NexWEB, stated that, “The world of the decentralized and distributed web has reached the tipping point of use as decentralized finance and markets around digital assets drive growth. The Butterfly Protocol provides NexWEB with a baseline for using a naming system that replaces traditional DNS for the centralized world of the internet. By using Butterfly, we can build a robust ecosystem of tools for this emerging space that allows developers to create rather than invent.”

In addition to the bTLD, .nex, NexWEB has acquired .sandbox as a testing area for developers to expand on the provided toolsets. The. sandbox bTLD will be offered as a working space on the decentralized web and open for registered developers without a fee except for gas transaction costs.

The NEXW utility token will be used to access advanced tools and usage of services that require management and monitoring. It will also be used to acquire blockchain domains under NexWEB’s premium domain services. In addition to the Ethereum blockchain, NexWEB will expand the toolset and access via other chains to create interoperability and efficient resource usage.

NFT platforms have increased over the past six months as owners of digital assets such as art and music race to put their works up for purchase or lease. NexWEB is creating the best-in-class set of tools to choose from for a fully contained system, including payment processing, digital water-marketing, fraud prevention, identity authentication, and more.

About NexWEB (https://NexWEB.com/)
NexWEB is an information technology firm that provides website and database application development, intranet/extranet solutions, eCommerce development, cloud computing services, mobile application development, and website maintenance services.

About Butterfly Protocol (https://www.butterflyprotocol.io/)
Butterfly Protocol is a decentralized autonomous organization (DAO) that aims to replace the Domain Name System (DNS) system and change the economics of domain ownership.

Source: PlatoData Intelligence https://zephyrnet.com/ (bit.ly/3hREFbp)

Shrinath Bolloju, Managing Director, CitiBank, India Joins KGiSL

KG Information Systems Private Limited (KGiSL), a global IT Products, Solutions, and Services provider, today announced the appointment of three banking leaders with impeccable leadership and track record, to support its growth and strategic vision. These senior finance professionals, with considerable expertise and a wealth of global banking experience, will significantly help in driving this critical phase of KGiSL’s growth strategy of reaching INR 1000 crore turnover in the next three years.

Shrinath Bolloju joins KGiSL as Chief Strategy Officer, Ramesh Nagesh as Chief Operating Officer, and Noor Hayati Ahmad as Senior Vice President & Country Head, KGiSL Singapore.

Welcoming the three banking stalwarts, Dr. Ashok Bakthavathsalam, Managing Director, KGiSL said, “The addition of these three well-established, seasoned leaders to the existing vibrant leadership of KGiSL supports our vision and strategy to become a strong player in the BFSI segment, especially in the banking domain. Their experience will help the accelerated growth plan we have, for the next 3 years.”

Commenting on the new additions to the leadership team, Prassadh Shanmugam, Director & Chief Executive Officer, KGiSL, said, “We are really fortunate to have all three of them join the leadership team at KGiSL: Shrinath with a proven track record in the banking industry is probably at his peak of his career; Ramesh, known for his technology & Operation skillsets in the banking Industry, probably has not even reached his peak yet and Hayati, a seasoned banking veteran has deep connections in the industry in Singapore and globally. The three of them could have continued what they were doing, or could have chosen any number of BFSI opportunities. Instead, they chose to join us, believing in the vision, strategy, and execution strength of KGiSL. This really adds momentum to our goals.”

An accomplished business leader with close to three decades of experience in financial services, Shrinath Bolloju joins KGiSL as Chief Strategy Officer (CSO). Shrinath’s experience straddles sales, product management, technology, operations and governance in different geographies, and banking and financial products. He most recently served as Managing Director and South Asia Operations & Technology Head at Citi Bank. Previously, he has been part of the leadership team with Deutsche Bank and RBL Bank, driving transformation and digitization. As CSO at KGiSL, Shrinath will be based out of Mumbai, India. In this role, Shrinath will work closely with the senior leadership at KGiSL to drive sustained and accelerated growth across key markets and sectors.

Ramesh Nagesh joins KGiSL as Chief Operating Officer (COO) and will be based in Bangalore, India. He comes with over three decades of experience in managing regional and global operating units. He joins KGiSL after serving as COO of the Anglo Gulf Trade Bank, Abu Dhabi where he was involved in setting up the world’s first digitally-enabled, data-driven Trade Bank from the ground up. Ramesh has been part of the leadership team with top multi-national banks like Deutsche Bank, ABN-AMRO Bank, ANZ, Standard Chartered and RBS.

Noor Hayati Ahmad  joins KGiSL as  Senior Vice President & Country Head, KGiSL Singapore. She brings in over 35 years of experience, including 25 years of international banking, particularly in Global Transaction Banking, Money Markets, FX, Finance, and Retail. Having worked with global banks and leading technology organizations in Singapore, she understands the local market, technology trends and functional needs of the financial services sector. She has previously been part of the senior leadership teams at Deutsche Bank, Hatstand, Sonic, and Kashtec Technology Pte Ltd.

On his appointment, Shrinath Bolloju, Chief Strategy Officer, KGiSL, said “KGiSL has a proven track record of building robust products and solutions that have ensured long-lasting engagements with clients. I am delighted to join this seasoned and committed team, and look forward to work with them to scale up our offering, while continuing to operate as a trusted solutions provider to our clients, worldwide.”

Further to his new engagement, Ramesh Nagesh, Chief Operating Officer, KGiSL, said, “KGiSL is truly a unique and talented organization with deep-rooted capabilities in building top class products and solutions. I am honoured to work with such a culturally diverse, committed, and seasoned talent pool, and I look forward to collaborate with the team to unlock their full potential and enhance delivery capabilities.”

Noor Hayati Ahmad, Senior Vice President & Country Head, KGiSL Singapore, said, “I am truly excited to be a part of KGiSL, Singapore and I look forward to working with this highly professional team to further accelerate our ambitious growth strategy. Today, Singapore is among the top three financial hubs in the world, behind London and New York, and it is imperative that we showcase our products and services in the banking and financial sector and grow our presence in this area.”

About KGiSL: www.KGISL.com/gss

KG Information Systems Private Limited (KGiSL) is a global IT Services, Consulting and Business Solutions provider in the BFSI space. KGiSL offers Software Products, Solutions and Services in Intelligent Automation, ERP (SAP), CRM, Business Intelligence and Analytics, Quality Engineering, IT Infrastructure Management and Application Development. KGiSL has offices in India, US, Malaysia, Singapore, Australia and Thailand.

KGiSL is part of the $750 million business conglomerate KG Group with interest in Textiles, Engineering, Healthcare, Education, Real Estate, Entertainment, Software and Business Support Services. The Group employs over 25000 people and is known for its philanthropic services to the community for over 8 decades.

For further information, please contact:

KGiSL: Sampathkumar S | sampathkumar.s@KGISL.com | +91 9940069884

Adfactors PR (India):
Bhargav TS | bhargav.ts@adfactorspr.com | 9884883350
Shamitha Hegde | shamitha.hegde@adfactorspr.com | 9003107361

Adfactors PR (Singapore):
Namrata Sharma | namrata.sharma@adfactorspr.com | +65 8138 3034

Mid-Market Organizations Gain Robust Multi-Way Matching Capabilities with Adra(R) by Trintech

Trintech Announces Robust Transaction Matching Feature in a Solution Built and Priced Specifically for Mid-Market Businesses

Trintech, a leading global provider of integrated Record to Report software solutions for the Office of Finance, today announced a new automated multi-way transaction matching feature in its Adra Suite to help mid-market organizations save time and reduce risk in the transaction matching process.

With this new automated multi-way matching feature, customers can set up match scenarios and deploy intelligent rules to automatically review one-to-one, one-to-many, many-to-one, and many-to-many matches.

“As companies continue to grow, expand and adapt, specifically companies in the eCommerce and restaurant industries, they begin to realize that a manual multi-way matching process cannot effectively scale to handle reconciling new sources and higher volumes of data,” said Darren Heffernan, President, Mid-Market at Trintech. “With our robust matching engine that is not typically found in a solution designed and priced for the mid-market, matching can happen daily, so transactions don’t accumulate at month-end when you need time for higher-value tasks like analysis and reporting.”

With Adra, matching transactions with bank statements, credit card statements, point of sale, merchant, 3rd party delivery services, and other external sources happen in a fraction of the time that manual spreadsheet or paper-based processes take, allowing F&A teams more time to spend on unmatched transaction exceptions – improving the accuracy and reliability of your close.

“The time savings isn’t just during the close process, we also see it from a day-to-day perspective,” said Shelly Traylor, Sr. Treasury Analyst at Torchy’s Tacos. “We are no longer spending time manually matching accounts because we now let Adra do the matching automatically so we can spend our valuable time focused on the exceptions.”

Just some of the benefits finance & accounting departments will gain include:
– Focus only on exceptions to start your day
– Utilize automated multi-way matching (3-way, 4-way, etc.) that scales with business growth
– Save time by continuously processing transactions so they don’t pile up
– Effortlessly import new data types and sources
– Record all activities in an audit-ready format
– Illuminate potential mismatches and generate exception reports that mitigate risk

For more information on how Adra by Trintech can save you time and reduce risk in your transaction matching process, please click here. https://www.trintech.com/adra/suite/adra-matcher/

About Trintech
Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech’s portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company’s cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

Media Contact:
Kristina Pereira Tully
Vested
650-464-0080
trintech@fullyvested.com

SOURCE: Trintech, Inc

ASEAN’s data and analytics leaders alongside key players to digitally converge and discuss strategies for the future

The back-breaking year of the Covid-19 pandemic had just left economies to endure, markets crashed and some of the burgeoning industries wiped out entirely. But for the IT and digital transformation industry, Covid-19 was a blessing in disguise, a banner year. Particularly because Big Data & Data Analytics had an upward pre-Covid growth already.

Factors that made this a reality included the growing size of early adopters, prioritising digital transformation, rise in investments in big data and data analytics, increasing focus on remote working, increasing adoption of online payments, and some of the top factors to drive the adoption of this future-tech.

To dive deep into these and to help ASEAN countries digitize at speed and scale, experts and key players are gathering virtually at World Big Data & Analytics Show taking place virtually on 13 July 2021.

The show will feature eye-opening keynotes, government and enterprise use-case presentations, exciting product showcase, panel discussions and tech talks to discuss the latest challenges and explore the latest applications in data-powered solutions.
As per industry reports, in the post-Covid-19 scenario, the global big data security market size is projected to grow from USD 17.5 billion in 2020 to USD 35.3 billion by 2026, recording a Compound Annual Growth Rate (CAGR) of 12.4 per cent from 2020 to 2026.

“Democratizing data is now more challenging than ever as information architectures are getting more complex, both through the diversity of the data sources and the data distribution. Data Virtualization is a modern approach to data integration with real-time access to the required data, enabling users to gain faster decision-making and business agility while providing a consistent enterprise-wide governance and security framework,” states Chris Day, Director, APAC Sales Engineering at Denodo.

Rahul Saxena, Group IT Director – Commercial, Digital Commerce & Analytics, at Coca-Cola stated, “Organisations which build their future business models around data will be more successful than organisations that only use data to optimise existing business models.”

Dr Meri Rosich, Chief Data Officer at Standard Chartered Bank said, “Data is a strategic asset and organizations that succeed in leveraging it will lead the way in the new competitive environments of the future.”

The event will focus on topics such as Future of Data Automation; Data at the centre of ‘everything’; Data Security, Privacy and Ethics; Predictive and Prescriptive Analytics; Power of Visualization in Analyzing Data; How is Big Data Analytics shaping up the Internet of Things; and much more.

The show will feature a groundbreaking collaboration of experts such as:
– Dr Meri Rosich – CDO, Standard Chartered Bank
– Juan Intan Kanggrawan – Head of Data Analytics, Jakarta Smart City
– Geoff Soon – MD, Snowflake
– Varun Verma – APAC Head of Data & Analytics, The Heineken Company
– Dietmar Bohmer – CAO, Tyme
– John Funtanilla – AVP, Advanced Analytics Lead, Nestle
– Carol Hargreaves – Director of Data Analytics Consulting Centre, National University of Singapore
– Alex a Ustaris – Group CIO and CTO & Head of Shared Services Center, Hijo Resources Corporation
– Philipp Gschopf – Director of Data Science, Prudential plc
– Sonny Supriyadi – Head, Pricing and Data Analytics, Maybank; to name a few.

“The pandemic’s disruptions have driven firms to explore Big Data and Analytics solutions as a means of identifying major technology trends and prioritizing those that have the greatest influence on their competitive advantage. The World Big Data & Analytics Show is a great place to discuss and learn about the newest strategies, challenges, and trends that are driving ASEAN’s data-driven devices and services,” stated Mithun Shetty — CEO, Trescon.

The show will be hosted on the virtual events platform Vmeets to help participants network and conduct business in an interactive and immersive virtual environment. Participants can also engage with the speakers during Q&A sessions and network with solution providers/sponsors at their virtual exhibition booths, private consultation rooms and meeting tables.

World Big Data & Analytics Show is officially sponsored by Platinum Sponsor — Dataiku; Premium Gold Sponsors — Snowflake; Gold Sponsors — Denodo and Talend; Silver Sponsors — Qubole.

About World Big Data & Analytics Show

World Big Data & Analytics Show is a thought-leadership-driven, business-focused, global series of events that takes place in strategic locations across the world.
The show features exciting keynotes, government and enterprise use-case presentations, product showcase, panel discussions and tech talks to discuss the latest challenges and explore the latest applications in data-powered solutions.

For further details, please contact:
Monith M Shetty
Corporate Communication Executive
marketing@tresconglobal.com

Study: More than half of the world’s population will use mobile wallets by 2025

The biggest report ever on the growth of mobile wallets projects that one in two people will use a mobile wallet by 2025. At the end of 2020, there were over 2.8 billion mobile wallets in use. That number is projected to increase by nearly 74% to reach 4.8 billion mobile wallets in use by the end of 2025 – nearly 60% of the world’s population. The fastest-growing markets are Southeast Asia, Latin America, and Africa & Middle East where mobile wallets are displacing cash and cards for more convenient digital payments.

Boku, a fintech pioneering the world’s first global mobile payments network, has released its 2021 Mobile Wallets Report in partnership with digital technology analyst house Juniper Research, which provides insight into mobile wallet adoption and use in leading markets across the globe. In 2019, mobile wallets overtook credit cards to become the most widely used payment type globally and the shift to online driven by the pandemic has accelerated adoption. Mobile wallets use is growing rapidly across the world with emerging markets leading the way.

Key findings

– Southeast Asia is the fastest-growing mobile wallet region
Mobile wallet use will grow by 311% between 2020-2025, reaching up 439.7 million wallets in use across Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam from 141.1 million in 2020. The rise in e-Commerce and the dominance of super-apps like Grab and Gojek, particularly in markets like the Philippines and Indonesia, is driving accelerated mobile wallet adoption.

– China reaches maturity but Japan, Korea and Taiwan set for hyper-growth
The Far East and China continue to be the largest mobile wallet region in the world with 1.34bn users in 2020. Market saturation is resulting in slowing growth in China with a CAGR of just 2.2% per year. Meanwhile, markets including Japan, Korea and Taiwan will continue to see accelerated adoption of mobile wallets with 98.4% market penetration by 2025.

– Africa & Middle East is the second biggest mobile wallet market
The second-biggest mobile wallet market is set to grow by 147% between 2020-2025. This is driven by expanded usage of mobile money services such as M-Pesa which are increasingly offering additional services such as access to eCommerce.

– Latin American growth is being supercharged by eCommerce
This region is set to increase mobile wallet use by 166% between 2020-2025. Long-held back by consumers’ preference for cash-based payments and comparatively lower smartphone penetration, this is fast-changing, and the region’s eCommerce growth is supercharging mobile wallet use.

– Slow growth in Western Europe and North America
With 65% growth in Western Europe and 50% in North America by 2025, these regions will see the least amount of mobile wallet growth in the next five years. However, markets such as the UK are seeing a rise in card-based mobile wallets due to the adoption of contactless spurred on by the pandemic and shift towards cashlessness.

“While mobile wallets are being used on a global basis, we see two distinct types being used today. One is card-based mobile wallets, like Apple Pay and Google Pay, which provide an easier way to pay with cards people already have. The other is stored value mobile wallets, like AliPay and GrabPay, that enable consumers to transact with digital cash and are popular in emerging markets with fast-growing e-Commerce sectors,” said Adam Lee, Chief Product Officer at Boku. “The markets that are set to grow the fastest are those with the lowest levels of card penetration, stored value wallets are thriving. In North America and Western Europe, which are dominated by card-based mobile wallets, we are seeing the slowest growth in mobile wallet adoption, as the technology provides merely incremental benefit.”

“We are seeing a clear bifurcation in the market between card-based mobile wallets in developed markets and stored value mobile wallets that are ubiquitous in Asia and rapidly growing in all emerging markets,” concluded Lee.

“Southeast Asia is one of the most rapidly digitalizing regions in the world. In 2020, the region added 400 million new internet users, with 70% of the region now online. Together with consumption trends brought about due to lockdowns during the pandemic, that has led to a familiarity with e-Commerce and an exponential rise in mobile wallet use,” said Loke Hwee Wong, Vice President and General Manager, APAC at Boku. “This is also because the region was heavily dependent on cash and bank transfer before mobile wallet use, and the convenience and accessibility, especially with stored value mobile wallets, will see Southeast Asia leapfrog the rest of the world in mobile payment adoption.”

The growth and bifurcation of mobile wallet use present both an opportunity and challenge for merchants. The number of mobile wallets transacting over $1 billion per year is set to grow by 27% from 54 wallets in 2020 to 69 wallets by 2025. This provides a lucrative opportunity for merchants looking to acquire valuable customers, many of whom only use mobile wallets. However, not only are consumers using mobile wallets more, they are using more mobile wallets. Consumers in high-growth markets such as India and Indonesia use an average of 2.74 wallets. This means that not only do merchants need to accept wallets but they need to ensure broad coverage across each target market.

“We are witnessing a paradigm shift in payments driven by mobile wallets. Mobile wallets have lowered the barrier to making digital payments and in parallel ushered billions of new consumers into eCommerce. These consumers are not in North America or Western Europe, they are in emerging markets, and while they don’t have credit cards, they overwhelmingly have mobile wallets,” said Jon Prideaux, CEO at Boku. “For global merchants, mobile payment acceptance is not about accepting one type of mobile wallet or another, but ensuring that consumers in every market will have the required selection on payment types in order to monetize transactions.”

To download the 2021 Mobile Wallets Report please visit our website. 

About Boku

Boku Inc. (AIM: BOKU) is a fintech pioneering the world’s first global, mobile payments network. With 45% of global consumers using mobile payment methods to buy goods online, compared to 18% using credit cards, the future of commerce is mobile-first. Boku’s technology platform helps the world’s most demanding merchants attract, convert, and retain customers using mobile payments. By turning payments infrastructure into a source of sustainable competitive advantage, Boku safely activates a range of new merchant business models – from bundling to subscriptions.

Boku’s platform is used in over 70 countries with more than a billion verified transactions in 2020, contributing $8.5 billion to the digital economy. Customers that trust Boku to simplify sign-up, acquire new paying users and prevent fraud include global leaders such as Apple, DAZN, Facebook, Google, Microsoft, Netflix, PayPal, Sony, Spotify and Tencent.

Boku Inc. was incorporated in 2008 and is headquartered in London, UK, with offices in Brazil, China, Estonia, France, Germany, India, Indonesia, Japan, Singapore, Spain, Taiwan, Vietnam, and the US. To learn more about Boku please visit our website. 

About Juniper Research

Juniper Research provides research and analytical services to the global hi-tech communications sector, providing consultancy, analyst reports and industry commentary.

Inquiries:
PRecious Communications for Boku, Inc.
Singapore/Asia Pacific: Clarence Lim, boku@preciouscomms.com

Boku in Asia

In Asia, Boku’s payment partners for Mobile Wallets include: AliPay, Dana, GCash, GoPay, GrabPay, KakaoPay, LINE Pay, Ovo, PayMaya, PayPay, Toss, Touch ‘n Go, Truemoney.

Boku also partners with payment partners to offer Direct Carrier Billing: AIS, BSNL, Celcom, Digi, dtac, Globe, Indosat Ooredoo, Jio, Korea Telecom, KDDI, LG U+, Maxis, M1, NTT Docomo, StarHub, Singtel, Softbank, SK Telecom, Smart, Smartfren, Tata Docomo, Telkomsel, Three, TrueMove, Vodafone, XL (amongst others).

Additional insights from the Mobile Payments Report 2021

Other insights from the Southeast Asian region include:
1. Indonesia represents one of the greatest opportunities for merchants accepting mobile payments: its mobile wallet penetration is at 25.6% in 2020, and set to triple to 76.5% by 2025. The report also expects that mobile wallet transactions will increase by volume to 16 billion transactions in 2025 (from 1.7 billion in 2020), and $107 billion in 2025 (from $28 billion in 2020) – the highest in the region.
2. Malaysia mobile payment adoption is behind other Southeast Asian countries currently, at a 31.7% penetration rate, but is poised for hyper-growth over the next five years to 93.9%.
3. Philippines has one of the lowest levels of mobile wallet penetration at 22.4% of the population, but expected to grow to 63.4% by 2025 with a mobile wallet transaction value of $63.4 billion by 2025 (from $15 billion in 2020).
4. Singapore is set to reach mobile wallet penetration of nearly 95% by 2025 from 30.4% in 2020 – the highest in the Southeast Asian region, and with mobile wallet transactions projected to increase by 11x (from 101 million transaction volume in 2020, to 1.1 billion in 2025).
5. Mobile wallet penetration in Thailand is at 21.4% in 2020 and set to grow to 63.4% in 2025. The country is also set to hit $36.7 billion in transaction value in 2020 (from $10.6 billion in 2020).
6. Vietnam is primed for massive mobile payments growth – with mobile wallet transaction growth of 7x expected to 5 billion by 2025 from 674 million in 2020, and a mobile wallet penetration rate of 55.5% in 2025 (from 19.7% in 2020).

As part of the Mobile Payments Report 2021, Boku also conducted an in-depth consumer survey of 1035 respondents in Indonesia, during May 2021, which showed that:
1. Consumers use an average of 3.2 wallets in use per respondent, one of the highest in the world after India. The top reason for using more than one type of mobile wallet included different wallets giving different benefits (63%).
2. Cash was the payment type that is most in use prior to mobile wallets (at 66%), followed by bank transfers (63%) and debit cards (44%), which can likely be attributed to the extremely low credit card penetration rate in Indonesia.

VFS Global, Unifier and Accredify announce strategic partnership in digital health credentials for a seamless and safe cross-border travel experience

— Partnering to provide a digital solution for COVID-19 (RT-PCR) testing required of cross-border travel —

VFS Global, Affinidi’s Unifier and Accredify have announced a strategic partnership to provide an end-to-end digital solution for COVID-19 (RT-PCR) testing for Singapore-bound travellers from Indonesia. With the gradual easing of restrictions by countries while ensuring the safeguarding of public health and traveller safety, a smart and reliable COVID-19 testing and verification solution is now a prerequisite for restarting international travel. The partnership will provide a convenient solution for all travellers who are required to undergo pre-departure testing – a mandatory requirement for travellers entering Singapore from countries classified as high risk.

VFS Global, Accredify and Affinidi’s Unifier are leveraging their strengths and capabilities in the healthcare, travel and technology space to provide a secure and reliable solution to stakeholders within the travel ecosystem. This starts from enabling travellers to seamlessly book their mandatory pre-departure COVID-19 swab test and keep a copy of the swab’s results online via VFS Global’s network of accredited laboratories. With Accredify’s tamper-proof HealthCert solution, the traveller’s test results can be used for verification purposes by relevant authorities. Unifier then enables airlines and immigration authorities to digitally verify the authenticity of the COVID-19 test results using a simple QR code scan and matching the health credentials against entry requirements of the destination country.

Commenting on the partnership, Mr Jiten Vyas, Regional Group COO, VFS Global, “A convenient and reliable pre-departure COVID-19 testing solution will be a catalyst in the recovery process of international travel as the restrictions continue to be stringent compared to domestic travel. We are pleased to partner with Affindi and Accredify to provide a seamless booking system to get a reliable COVID swab result that is accepted by airlines and immigration authorities to verify an individual’s COVID health status. We now offer ease of access to a much-needed and verified solution and also support a safe restart of international travel in the coming months.”

Ms Gina Chiang, Affinidi’s VP & General Manager, Safe Travel Initiatives said “As borders re-open, we have seen an explosion of different technologies, standards and formats for the verification of health credentials. Our aim with Affinidi’s Unifier is to provide an interoperable solution that enables immigration authorities and airlines to verify COVID-related health credentials in an efficient, accurate and privacy-preserving manner, while also enhancing traveller experience. We are committed to working with global stakeholders to build a trusted global ecosystem for international travel, and we are pleased to be collaborating with VFS Global and Accredify on this important initiative.”

Mr Quah Zheng Wei, CEO & Co-founder, Accredify, noted “Following IATA’s announcement that personal travel could return in the second half of 2021, there is a need for services which provide travellers with a seamless process of pre-travel preparation and authorities with an efficient solution to facilitate the regulated health screening of travellers. We’re delighted to partner with VFS Global to realise this solution for both travellers and authorities, beginning with the Southeast Asian and East Asian region.”

With the use of Unifier and HealthCerts tamper-proof swab result, the duration it takes for airline staff and immigration authorities to verify a passenger’s COVID-19 test result is greatly reduced while awarding assurance to authorities within seconds. This enables a more efficient and convenient travel experience for both travellers and border authorities. Unifier, a web-based application by Affinidi, enables airlines and immigration authorities to authenticate digitally verifiable test results using a QR code scan. HealthCerts was co-developed by Accredify to resolve the issue of fraudulent COVID-19 test results as well as black markets selling COVID-negative test results and to provide an internationally recognisable standard to verify a traveller’s COVID health status. As governments, airlines and local authorities require support with implementing COVID-19 testing, VFS Global offers seamless service for travellers through its network of strategic medical partners and authorised laboratories, accredited by Governments, across 270 cities in 45 countries by leveraging the Validated Digital Health Credential solution that was introduced last year.

About VFS Global

VFS Global is the world’s largest outsourcing and technology services specialist for governments and diplomatic missions worldwide. With 3498 Application Centres, operations in 144 countries across five continents and over 229 million applications processed (since inception in 2001) as on 31 May 2021, VFS Global is the trusted partner of 63 client governments. The company manages non-judgmental and administrative tasks related to applications for visa, passport and consular services for its client governments, enabling them to focus entirely on the critical task of assessment.

VFS Global is majority owned by the global investment organisation EQT. The Swiss-based Kuoni and Hugentobler Foundation holds a minority stake in VFS Global. EQT is a global investment organisation with offices in Europe, North America and Asia-Pacific and with a 27-year track-record of consistent investment performance across multiple geographies, sectors, and strategies. EQT AB Group is listed on the Nasdaq Stockholm stock exchange.

About Affinidi

Affinidi is a core technology company that enables creating, sharing and verification of digital credentials that are portable and verifiable. Affinidi’s solutions empower trusted institutions to issue verifiable credentials to users, who can provide consent to share their credentials with other institutions, applications or service providers, for verification. By sharing these verifiable data credentials, users can access valuable products and services across platforms and geographies in a trusted, open and interoperable manner.

Headquartered in Singapore with a hub in Berlin, Germany, Affinidi works with stakeholders and partners globally to realize the shared goal of driving transformational change and new business models.

As part of its Safe Travel initiative, Affinidi’s Unifier offers a universal, privacy-preserving solution to simply and securely verify digital health credentials to address the increasingly complex environment for international travel. Affinidi is also building an ecosystem that provides services to consumers across India using verifiable data, powered by Affinidi’s verifiable credential system. In addition, Affinidi’s Global Developer Ecosystem enables developers to utilize verifiable credentials to create innovative solutions and new use cases that will foster digital trust globally.

About Accredify

Founded in 2019, Accredify is pioneering the adoption of verifiable data by providing organisations with an end-to-end solution to create and issue verifiable documents. With a presence in more than eight markets serving 800 clients globally, documents issued by Accredify have been verified close to 6 million times. With a dedicated team that embraces the highest standards of customer service, security, and privacy, Accredify’s objective is to be the trusted solution for managing and verifying documents anywhere and anytime.

For more information, follow Accredify on LinkedIn @Accredify

Nominations Open for W.Media Cloud & Datacenter Awards 2021

The 2021 W.Media Cloud & Datacenter Awards season is officially underway. Now is your chance to come together as an industry to celebrate the outstanding technological achievements of teams and individuals across the region.

Nominees will have the opportunity to compete across 61 categories in 4 different regions. The Awards categories highlight outstanding projects that have had a defining impact on the cloud, datacenter, and IT industries within the past 18 months.

Categories include, but are not limited to Hyperscale Innovation to Sustainable Design & Build to Cybersecurity Implementation. These categories will exist in 4 Different Awards Regions: Northeast Asia, Southeast Asia, South Asia, and Australasia, and the nomination window is open until 31 July 2021.

All submissions will be reviewed by the Awards Judging Panel, which comprises of independent and reputable industry leaders who will announce the shortlisted finalists for each of the four geographic awards regions in September and October of this year.

After the Nomination Windows close, we will be hosting a series or digital regional summits to further explore the incredible innovations we’ve seen this year. The W.Media Cloud & Datacenter Awards season will conclude at the end of the year with black-tie galas hosted across the APAC region.

There are many ways to get involved with the W.Media Awards season–from nominations to digital summits to the end-of-year galas. Participation and Sponsorship slots available for each stage of the Awards season from now until December 2021.

More information can be found by emailing awards@w.media or by visiting https://w.media/awards/

About W.Media

W.Media is a global B2B technology marketing agency specialising in PR, Media, and Events. It is the anchor of the cloud, datacenter and cybersecurity communities in Asia Pacific, combining market knowledge and network to uplift brands via targeted communication. W.Media educates both industry stakeholders and the public on the latest developments in these industries through personalized engagement with the marketplace.

From its founding in 2018, W.Media began organising Cloud & Datacenter Conventions throughout the APAC region, in countries such as Vietnam, Malaysia, Indonesia, Thailand, Singapore and South Korea. In 2020, W.Media complemented its in-person events offerings by launching a series of webinars to connect top industry professionals in the three pillars driving tech today: Cloud, Cybersecurity, and Datacenters.

Beyond events, W.Media works closely with its clients to curate effective content marketing, editorial coverage, and digital advertising campaigns. This expertise and expansive regional network make W.Media a key player in Asia’s Cloud and Datacenter market.

CETIN, NEC and Fortinet Join Forces to Modernize Large-scale Network in Four Countries

CETIN a.s. and NEC Europe Ltd., a wholly owned subsidiary of NEC Corporation, announced today the signing of a large network security project. Based on solutions of Fortinet and Cellusys, NEC will provide end-to-end services ranging from installation and commissioning to modernizing CETIN Group’s network in Serbia, Hungary and Bulgaria as well as Telenor’s network in Montenegro.

CETIN Group’s extensive, 24/7 supervised networks provide superior voice, data, TV, video, IT, and cybersecurity services to wholesale customers in the region and internationally. This project was initiated to enhance CETIN’s network in their major territories in Central and South Eastern Europe.

NEC, a leader in IT and network integration, has a rich history, comprehensive expertise and proven footprint in the network business all around the world. Relying on Fortinet, a global leader in broad, integrated and automated cybersecurity solutions, and Cellusys, a leader in signaling security solutions, NEC has been selected as the system integrator to provide end-to-end services, including design, installation, commissioning, support and maintenance of diverse network security solutions such as:

– Telco Cloud Core security solutions with capabilities to provide protection and zone segmentation between the Cloud Core VNFs
– Management security solutions providing security for the management of traffic, both within Telco and Enterprise parts of the network
– Telco Gi Firewalls as a perimeter security solution for the mobile data network, providing security protection of the Gi/SGi interface, and CG-NAT solution for mobile customers
– Telco Signaling and GRXs security solution focusing on GTP, SS7, Diameter, SIP, RTP Inspection, providing security between the Core network and other operators for interconnect solutions, such as IP-based interconnect and GPRS Roaming exchange
– Enterprise network security solutions with threat prevention capabilities for corporate offices and IT BSS systems as perimeter defense between the Internet and internal systems
– VPN Gateway solution for remote access by employees, corporate partners and customers

By implementing solutions as part of the industry-leading Fortinet Security Fabric, CETIN Group is able to secure critical devices, data, applications, and connections ranging from the data center to the cloud to the home office. The platform delivers broad, integrated, and automated protections across the entire digital attack surface. In addition, Fortinet’s Security-Driven Networking approach provides tight integration between its network infrastructure and the security architecture.

“With millions of individual users and whole sectors of national economies depending on our communications solutions, security is a key element in designing, building and operating our critical infrastructure. We are happy to choose NEC as a best in class network security solution provider to further improve our existing network. Their unique capability and proven case study of system integration was a decisive factor behind our decision,” said Juraj Sedivy, CEO, CETIN Group.

“NEC is very excited to collaborate with CETIN Group for this large-scale network security project. We believe our strong portfolio and rich history of network business in the global market will be an asset to enhance CETIN’s advanced security network. Together with our innovative technology partners, Fortinet and Cellusys, we are aiming to contribute safe and secure network solutions to improve the current infrastructure,” said Chris Jackson, President & CEO of NEC Europe.

About CETIN Group
CETIN companies are wholesale providers of fixed and mobile telecommunications infrastructure to all operators on equal and transparent footing.

Founded as a result of innovation and true entrepreneurship, CETIN was formed in 2015 after a successful structural separation between O2 Czech Republic and its spin off CETIN. In 2020, a similar separation of retail and infrastructure business of three Telenor branded operators occurred in Bulgaria, Hungary and Serbia, making the CETIN Group one of the CEE’s largest wholesale providers of telecommunications infrastructure services.

CETIN Group is part of an international investment group PPF.
https://www.cetin.eu/
https://www.ppf.eu/en/homepage

About NEC Europe Ltd.
NEC Europe Ltd. is a wholly owned subsidiary of NEC Corporation, a leader in the integration of IT network technologies that benefit businesses and people around the world. NEC Europe Ltd. is building upon its heritage and reputation for innovation and quality by providing its expertise, solutions and services to a broad range of customers, from telecom operators to enterprises and the public sector. For additional information, please visit the NEC Europe Ltd. home page at: http://uk.nec.com/

About NEC Corporation
NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.

Trescon’s Big BFSI Future Tech Show to unearth and navigate the potential of emerging tech in India

The 9th edition of Big BFSI Future Tech Show with a special focus on the Indian BFSI tech ecosystem is set to take place virtually on 6 July 2021.

Be it through mobile banking or digital modes of payments, technology is gradually transforming the banking/non-banking and financial service sectors in India and across the globe. As we move deeper into the digital age, we foresee more ground-breaking, technology-driven, innovative banking solutions with customers at the focus of all strategic actions.

The event will focus on need-of-the-hour topics such as:
– Future of Open Banking in India
– Rise of Regulatory Sandbox in India
– Security challenges in evolving Fintech landscape
– Safeguarding and building the Digital trust
– RPA in Banking: Building a Virtual Workforce with RPA
– Chatbots backed by AI abilities
– The Future of Data Center and Cloud
– Need for Cloud Data Protection Systems and much more.

The show will feature a ground-breaking collaboration of experts such as:
– Dr Amitabh Rajan, Chairman, Services Board, RBI
– Amit Saxena, Global Dy. CTO, SBI
– Sachin Sawant, CTO Ambassador, Dell Technologies
– Ajay Koul, Sales lead — BFSI, AMD Inc
– Ripu Bajwa, Director & GM — Data Protection Solutions, Dell Technologies
– Sridhar S, VP, Managed Services — Cloud, Hosting and Security, Tata Communications Ltd
– Rajesh Awasthi, Global Head of Cloud and MHS, Tata Communications Ltd
– Devika Nayyar, Country Manager- BFSI, Hewlett Packard Enterprise
– Vikram K, Sr Director, Industry Verticals, Hewlett Packard Enterprise
– Ravi Shankar, SVP and CMO, Denodo
– Jagdish Narayanan, CIO, Reliance Jio Payments Bank & Financial Services
– Anuj Bhansali, Head of Trust and Safety, PhonePe
– Ekhlaque Bari, CTO, Fullerton India
– Kirti Patil, Joint President and CTO, Kotak Mahindra Life Insurance; to name a few.

“In the challenging times of work from home and customers moving online, it is high time for BFSI tech leaders to revisit the tech strategy to stay ahead of the next disruption. The 9th edition of Big BFSI Future Tech Show is designed to address these issues and pave the way to move ahead,” stated Mithun Shetty – CEO, Trescon.

The show will be hosted on the virtual events platform Vmeets to help participants network and conduct business in an interactive and immersive virtual environment. Participants can also engage with speakers in Q&A sessions and network with solution providers in virtual exhibition booths, private consultation rooms and private networking rooms.

Big BFSI Future Tech Show is officially sponsored by — Presenting Sponsor — Dell Technologies and AMD; Powered By Sponsor — TATA Communication; Co-Powered By Sponsor – Hewlett Packard Enterprise and Archon; Headline Sponsor — Denodo Technologies; Exhibitor — NeoSoft.

About Big BFSI Future Tech Show

Big BFSI Future Tech Show is a thought-leadership-driven, business-focused initiative that provides a platform for tech leaders who are looking to explore and adopt new-age future-tech within their organization.

The show is virtually hosting tech leaders from across India, who will meet, network, learn and engage with some of the world’s renowned technology thought-leaders, subject matter experts and technology innovators in a constructive, open-dialogue environment to find solutions for issues hindering their operations and services.

For further details, please contact:
Monith M Shetty
Corporate Communication Executive
marketing@tresconglobal.com