Category: Digitalization

Alexander Bojer is appointed new CEO of Inacta AG as of January 2023

The Board of Directors of Inacta Group AG (“Inacta”) has elected Alexander Bojer as a new member of Inacta’s group management. He joins Ralf Glabischnig and Marco Bumbacher on the management team from 1 January 2023.

As CEO of Inacta AG, Alexander will continue to drive forward Inacta’s core operating businesses of consulting and product development. Ralf Glabischnig will focus on the further growth of Inacta Ventures and take care of the overall development of the group. Marco Bumbacher will continue to manage the corporate functions of the Inacta Group and act as COO of Inacta AG.

Founded in 2009 by Marco Bumbacher and Ralf Glabischnig, Inacta AG is an expert partner for digital transformation and innovation. Leading Swiss companies rely on Inacta’s digitalisation know-how and products. For the past five years, Inacta has additionally focussed on blockchain and related areas of innovation, where it plays a pioneering role.

Inacta Ventures is the Inacta Group’s own venture-building structure that identifies new business models, designs business models and transfers them into its own start-ups or joint ventures. At the end of 2021, Inacta included 15 majority-owned companies and more than 40 minority-owned companies. In addition, expansion into the Middle East was pursued and a new investment company, Crypto Oasis Sentio, was founded in Dubai, which has already made over 30 investments in start-ups.

From 2002 to 2013, Alexander Bojer held a number of roles, including as a management consultant at Accenture and The Boston Consulting Group (BCG). Since 2014, he has co-founded several technology start-ups and was most recently responsible for building the health start-up, Well Gesundheit, AG as its CEO.

Alexander Bojer says, “I am very much looking forward to shaping the great success story of Inacta together with the two founders, the board of directors, the management team and all employees.”

Ralf Glabischnig says, “With these new structures we have the right people in key positions to continue to successfully drive the Inacta Group forward. Thanks to this new management organisation I have the opportunity to focus even more on strengthening and growing Inacta Ventures at home and abroad.”

Daniel Sauter, Chairman of the Board of Directors of Inacta Group AG: “With Alexander, we have been able to gain a competent and experienced CEO. With his broad expertise as an entrepreneur and consultant, he will further advance our core business of consulting services and product development.”

About Inacta Group

Inacta Group stands out from its peers with its innovative services and products related to digital transformation, blockchain-based business models and information management and is involved in the international venture business with offices in Switzerland and the United Arab Emirates. The Inacta Group emerged from the fast-growing Inacta AG – an independent Swiss IT company founded in Zug in 2009. It owns stakes in international start-ups and service providers with a focus on blockchain, digital assets, fintech and artificial intelligence.

Press contact:
Jennifer Arman
+41 41 725 08 86
jennifer.arman@inacta.ch

16th Edition BFSI IT Summit South Africa

After successful 15 editions of BFSI IT Summit, Exito is all set to host another milestone event – which serves as an ideal platform to enhance the experience to latest insights in “Future Proofing BFSI In Africa”. The South African banking industry has widely been regarded as one of the best banking systems in the world. South Africa also boasts of a FinTech sector that plays an integral role, not only for the country, but for the African continent as a whole. The country has historically been a major trade and investment commercial hub for the African continent to do business globally. Digital has been on the executive agenda of South Africa’s financial services industry for the past decade. It has been the major driving force behind tremendous changes across the industry, allowing innovation and healthy competition to flourish. As the sector continues to drive innovation, BFSI technology leaders find themselves looking for new ways to redefine their strategy comprehensively, outgrow competition and remain resilient. Customer-centric approaches, digitization, automation of processes and data security continue to be priority for IT leaders from the BFSI sector.

The 16th Edition BFSI IT Summit, is an in-person conference bringing together the top technology leaders from the fraternity. The Summit aims to be a learning and networking platform curated to deep dive into the imminent challenges faced by the BFSI sector and indentify best practices to overcome the same.

The summit is an ideal platform for Technology and Innovation leaders to Meet, Interact and Gain new insights on the digital transformation and innovations from the Banking and Financial Services Industry. At BFSI IT Summit South Africa, you will hear from top IT experts on strategy, action plans and best practices towards building an agile digital organization.

The summit will bring together 150+ IT Leaders, CIO, CTO, VP/ AVP-IT, Director IT, CDO, General Manager IT to discuss the best practices in Cyber Security and engaging in panel discussions, industry keynotes and solution showcases that will enable IT leaders to chart out the optimal strategic path.

Speakers like John Bosco Arends- Chairperson Chartered CIO council, Group Head Information and Network Technology Operations City of Johannesburg, South Africa, Kumaran Selvarajalu-Senior General Manager: Payments, Payments Division, The Banking Association South Africa, Shergeran Naidoo- Head: Stakeholder Engagement BankservAfrica, Thembelani Mkhize CA(SA)- Head: Finance, Hollard Investments, Shoaib Nathie- Chief Information Officer, CIB, Dr. Sizwe Gwala- Head of Data Governance: Group Compliance, Absa Group, Sanele Samuel Mtshotana- Associate Financial Markets Specialist South African Reserve Bank, Paul Morley- Executive: Group Data Services, Nedbank Group Technology, Megaree Naraidoo- Enterprise Architect, AVBOB will be sharing their experiences and expertise at the Summit.

Event registration has commenced for Delegates and Sponsors.

– The delegates will be exposed to in-depth, trend-forward sessions & workshops-practical takeways and ideas to keep you ahead in the digital economy.
– The sponsors will be able to create an overwhelming branding in the event along with meeting their prospects and displaying the products.
– Hundreds of seasoned marketers, strategists, designers, and more to network and connect with. Meet your customers, vendors, experts resources, friends and colleagues on the 17th of November 2022.

Register Today to engage at this grand event as the slots are filling up fast.

To know more about the event, https://bfsiitsummit.com/africa/

About Exito

We are a global B2B business events company focused on crafting bespoke solutions and contexts by designing platforms that create new business opportunities for our clients across concepts and industries. We cherish the trust over the last 12 years garnered from our partnering organizations globally, and with a growing team of young, vibrant, and creative individuals, Exito aims at success and perfection!

Society Pass Inc (Nasdaq: SOPA) Awarded Game Changer Award from Alibaba Cloud AsiaStar 10×10 2022

On Friday, 04 November 2022 during the Apsara Conference, Alibaba Cloud awarded Society Pass Incorporated (“SoPa”) (Nasdaq: SOPA), Southeast Asia’s (“SEA”) leading data-driven fintech and e-commerce ecosystem, the Game Changer Award in recognition of companies that set precedents or broke records in Southeast Asia (SEA).

Initiated by Alibaba Cloud in 2009, the Apsara Conference witnesses the development of digital intelligence and technological innovation and 2022 marks the 13th edition of the conference. Known as AsiaStar 10×10, along with tech ecosystem partners, Alibaba Cloud recognises companies, communities, and projects in ten categories across SEA. The awardees are selected from the representatives of Alibaba Cloud, government agencies, investors, industry experts, and media outlets.

Raynauld Liang, Chief Financial Officer of Society Pass, explained, “Society Pass is building the next generation digital ecosystem in SEA. On behalf of our company, I would like to thank Alibaba for this recognition of SoPa’s paradigm shifting, game changing business model. With the digital platform we are building, Society Pass looks forward to closely working with Alibaba in the months and years ahead.”

About Society Pass Inc

Founded in 2018 as a data-driven loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.

SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa’s data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam’s leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan, a leading local restaurant delivery service in Philippines.

For more information on Society Pass, please check out:
Website at https://www.thesocietypass.com or
LinkedIn at https://www.linkedin.com/company/societypass or
Facebook at https://www.facebook.com/thesocietypass or
Twitter at https://twitter.com/society_pass or
Instagram at https://www.instagram.com/societypass/.

Cautionary Note Concerning Forward-Looking Statements

This press release may include “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate”, “believe”, “estimate”, “expect”, “intend” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus relating to the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Media Contacts:
PRecious Communications
sopa@preciouscomms.com

Trintech Client Serco Named Winner in 15th Annual Ventana Research Digital Leadership Awards

Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, announced today that its customer, Serco, a leading provider of professional, technology, engineering and management services, has been named the winner in the “Office of Finance” category of the 15th annual Ventana Research Digital Leadership Awards. Serco’s win is attributed to its innovative use of Trintech’s Cadency Platform to standardize and automate its reconciliation and financial close processes.

“We want to congratulate Serco for its use of Trintech’s solution in applying automation in its accounting close to speed processes in a complex business, enable staff to focus more of their time on high-value efforts and promote greater confidence in the integrity of its financial statements,” remarked Robert Kugel, Senior Vice President and Research Director at Ventana Research.

Following the successful roll-out of Cadency, Serco has achieved a single, standardized approach to balance sheet management on a global scale. Reconciliations now require less manual effort thanks to increased automation and the application of a risk-based strategy. In addition, the use of a centralized global solution has provided greater insight into the total number of reconciliations performed as well as their timeliness and accuracy.

“I am honored to accept this award on behalf of the Project Team who implemented Cadency and the BAU team who continues to use and promote continuous improvement within our reconciliation process,” said Paul Adams, Head of New Business & R2R at Serco. “The transformative success our team has been able to achieve with Trintech’s Cadency solution has been remarkable and we look forward to additional successes as we continue our financial transformation journey with Trintech.”

Automation has not only reduced Serco’s cost but also allows their team to focus on more value-added tasks. “Competition for talent is a big focus and challenge for many organizations today,” continued Adams. “Automation can help retain your resources by allowing them to focus on value-added tasks instead of the manual, transactional processes.”

Today, Serco is running 5,000 balance sheet reconciliations through Cadency on a monthly basis. In addition, they are auto-reconciling 15,000 accounts which has saved their team a total of 500 hours per month. To gain even further efficiencies, Serco also utilizes Trintech’s pre-built Cadency SAP(R)-Certified Connector. “This connector automatically interfaces data flows from our SAP instance into Cadency so our team can begin analyzing it within minutes. Having the direct interface from SAP also gives confidence in the data matching between the two systems,” continued Adams. From a reporting perspective, Serco’s leadership team also now has full visibility into a Reporting dashboard that allows them to drill-down into any account and identify risk on the balance sheet.

Looking ahead, Serco is looking to continue to expand its automation strategy to gain further efficiencies across their processes. “If it is a repeatable process, the benefits of having technology doing it is far superior to any human. Automation is vital for process efficiency and cost-effectiveness,” concluded Adams.

About Trintech

Trintech Inc., a pioneer of financial corporate performance management software, combines 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), Adra(R), and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Trintech’s excellence in both innovation and client support have been recognized with a variety of awards over the years including most recently “Easiest to Do Business With” and “Fastest Implementation” in G2’s Fall 2022 Report. 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 Nordic countries, 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:
Kelli Shoevlin
Sr. Manager, Global Corporate Marketing & Communications
kelli.shoevlin@trintech.com

SOURCE: Trintech, Inc.

Trintech Expands Partner Program with the Launch of Adra Partner Accreditation

  • Partners to Advance Product Knowledge with New NASBA-Certified CPE Learning Courses

Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, today announced the expansion of its partner offerings with the launch of its Adra Partner Accreditation Program. This new program builds upon the already extensive training offerings within the Trintech Partner Success Center, a training and accreditation platform designed to empower Trintech partners to advance their knowledge of its portfolio of financial solutions, including Cadency (for large enterprises) and Adra (for mid-market organizations).

“The demand for reconciliation and financial close automation solutions continue to rise as organizations around the world look to reduce costs, drive efficiencies and mitigate risk across their financial close processes,” said Mekaela Davis, VP, Partner Ecosystem Success & Global Advisory at Trintech. “As the Office of Finance has evolved in recent years, so too has the partner ecosystem that works together to provide a holistic business vision and strategy. Together, Trintech and our Partners share a common goal in helping Finance & Accounting teams solve these challenges which is why we are committed to providing our partners with the necessary resources to deepen their product knowledge to better meet the needs of our customers.”

Over the past year, Trintech has seen a 315% increase in Partner Training consumption within the Trintech Partner Success Center by Global Advisory & Consulting firms, Global System Integrators, and in-region specific consulting partners. The Trintech Partner Success Center offers comprehensive online, NASBA-certified courses that provide training for all partner skill levels and roles including sales, pre-sales, and implementation. The eLearning curriculum is just one way Trintech Partners can effectively build knowledge while adopting best practices with its’ solutions. Trintech’s Partner Enablement team also provides “Office Hours” twice a week, which encourages regular dialogue to build upon Trintech’s training and certification programs and allows Partners to collaborate 1:1 with Trintech team members. Monthly training webinars also provide opportunities to dive deep into product features so partners can continually adopt additional functionality and drive toward optimization.

Over 3,500 clients across industries such as, retail, food and beverage, financial services, insurance, manufacturing, and software rely on Trintech’s solutions to increase their efficiency and effectiveness, reduce costs, and improve governance and transparency across their finance and accounting processes. When you partner with Trintech, you are not getting a ‘one-size-fits-all’ approach. You are getting a complete solution, designed for the customers’ unique needs, and a team of experienced professionals who will work hands-on to achieve fruitful partnerships underscored by successful client outcomes. Interested in becoming a Trintech Partner? Learn more here. https://www.trintech.com/about/partners/become-a-partner/

Trintech, Inc., is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org.

About Trintech
Trintech Inc., a pioneer of financial corporate performance management software, combines 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. Trintech’s excellence in both innovation and client support have been recognized with a variety of awards over the years including most recently “Easiest to Do Business With” and “Fastest Implementation” in G2’s Fall 2022 Report. 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 Nordic countries, 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:
Kelli Shoevlin
Sr. Manager, Global Corporate Marketing & Communications
kelli.shoevlin@trintech.com

SOURCE: Trintech, Inc.

Digital Nigeria 2022: NITDA Director General tasks Tech Innovators with Problem Solving

  • Kashifu Inuwa challenges entrpreneurs to identify then solve problems, during Day 3 of the Digital Nigeria 2022 International Conference

The Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa, CCIE has challenged Nigerian tech innovators and entrepreneurs to identify problems bedeviling the nation with the view to proffering solutions because the government has provided a level playing field for them to achieve just that.

NITDA Director General and conference host Kashifu Inuwa, CCIE, challenged Nigerian tech innovators and entrepreneurs to identify the problems bedeviling the nation, …with a view to proffering solutions. [Image: NITDA]
Day Three of the Digital Nigeria 2022 International Conference, tagged “Start-Up and Innovation Ecosystem Day”, four enlightening Panel Discussions before “The Future is Tech”. [Image: NITDA]
Minister of Comms & Digital Economy, Professor Isa Pantami, inaugurated the Digital Economy Industry Working Group (DEIWG) to accelerate the digital economy agenda in the country. [Image: NITDA]
Tech-drivers, the Digital Nigeria Family at the conclusion of the three-day Digital Nigeria 2022 International Conference & Exhibitions in a group photograph for the ages. [Image: NITDA]

Inuwa stated his challenge during Day 3 of the Digital Nigeria 2022 International Conference, held in Abuja. Inuwa noted that for Nigeria to succeed, the tech ecosystem needs every stakeholder on board to play their roles as required of them. “To build a very strong tech ecosystem, we need the government, the higher institutions, we need the entrepreneurs, the risk capitalists and corporate organisations, everybody has its own role to play.”

He stated that the government is playing its role by creating a level playing ground by formulating policies, legal framework, regulations and intervening in providing infrastructure to the underserved and unserved communities, reiterating that the government is doing more than enough in these regards.

“The government needs you, needs your commitment the same way the government is committed. For the higher institutions, we need you to produce high quality education to the people because innovation, digital economy or knowledge-based economy are all human capital economy.”

“Your greatest resources are not the mineral resources but it is what you have in your brain; we need higher institutions to produce the right skill, talents and people with entrepreneurial skills,” Inuwa noted. He claimed that the government is doing more than enough in terms of building human capital and “this is beyond conventional educational systems.”

The government has several initiatives to achieve the 90% digital literacy, which would go a long way in building the tech ecosystem. He said, “We need the numbers. We need people to have skills to use in the digital based technological environment, and that is why we are training people on high earned skills to build the digital service, because digital service is a product-based economy.”

He listed part of government initiatives to include the partnership between the Nigerian government and Microsoft to train 5 million Nigerians, the partnership with COUSERA to train 24,000, and several others which aimed at positioning Nigeria to be the global talent factory.

“One of the digital prints we need in the ecosystem is the legal framework. Just last week the President signed the Nigeria Start up bill into law so all these are to level the playing field for you.”

“For the entrepreneurs, now you have the playing field; it is left for you to take your ideas from invention to impact and in Nigeria and even Africa in general, we have a lot of problems awaiting solutions. And technology can serve as inspiration for you to solve these problems so all you need is to explore how you can solve the problems and impact lives,” he said.

While decrying the imbalance in the distribution of global wealth and prosperity, Inuwa maintained that with the thriving tech ecosystem, the imbalance would be corrected. He added that successful countries have three things in common, namely innovation, entrepreneurship and a good ecosystem, as nobody succeeds in isolation.

“Even in Nigeria,” said he, ‘if you look at the ecosystem, Lagos alone is contributing almost one quarter of the Nigerian Gross Domestic Product (GDP), and when you talk about the tech ecosystem, Lagos attracts more than 50%; so why?”

He however sued for replication of the feat in all other parts of the country. “We can build this kind of ecosystem across the country because every part of the country has its strength and weakness. If we can leverage on the strength, we can build the same ecosystem to engender prosperity, because innovation is the only thing that can lead any nation to prosperity.”

Day 3 of the Digital Nigeria 2022 International Conference, which was tagged “Start-Up and Innovation Ecosystem Day”, witnessed various enthralling discussions with the lead speech on “Innovative Ecosystem and Investors’ Perspectives” presented by Satesh Elwani, Managing Director, Melsons Group.

The panel sessions focused on: “Building a Thriving and Sustainable Start-up and Innovation Ecosystem for Nigeria’s Digital Economy;” “A Tent Approach to Addressing the Talent Gap Issues;” “Exploring the Funding Opportunities for Nigerian Start-ups” and “Unlocking Nigeria’s Innovation Potential for Economic Growth and Prosperity.”

About Digital Nigeria
The Digital Nigeria International Conference & Exhibition is the flagship annual awareness program of the Digital Economy. Formerly eNigeria Conference & Exhibitions, the event was re-branded to expand in line with the National Digital Economy Policy & Strategy (NDEPS). It aims to brainstorm on contemporary issues of relevance from across the globe in order to address the Nigerian challenges for sustainable socioeconomic development. It is a platform for creating Information and Communications Technology (ICT) awareness, for associated framework development, and for charting best practices. Learn more at www.digitalnigeria.gov.ng.

15th Edition of BFSI IT Summit Saudi Arabia Physical Conference on 7th November 2022

After successful 14 editions of BFSI IT Summit, Exito is all set to host another milestone event – which serves as an ideal platform to enhance the experience to latest insights in “Re-Imagining the Future of BFSI in KSA”. Accelerated digital transformation and fast changing business environments have been playing an important role in re-shaping the BFSI sector in Saudi Arabia. As the sector continues to drive innovation, the IT leaders find themselves looking for new ways to define their digital transformation strategy comprehensively, outgrow competition and stay relevant. With the risk of real challenges but great potential rewards, customer-centric approaches, automation of processes and security concerns continue to be top of mind for the IT leaders from the BFSI sector.

The 15th Edition of the BFSI IT Summit: Saudi is an in-person conference bringing together the top IT Leaders from the fraternity. It aims to be a learning and networking platform curated to deep dive into the imminent challenges in BFSI and the best practices to overcome the same. The key focus will be around Automation, Digital Customer Experience, Minimizing Evolving Cyber Security Threats in Enhancing the Customer Journey.

The summit is an ideal platform for Technology and Innovation Leaders to Meet, Interact and Gain new insights on the digital transformation and innovations from the Banking and Financial Services Industry. At BFSI IT Summit Saudi, you will hear from top IT experts on strategy, action plans and best practices towards building an agile digital organization.

The summit will bring together 150+ IT Leaders, CIO, CTO, VP/ AVP-IT, Director IT, CDO, General Manager IT to discuss the best practices in Cyber Security and engaging in panel discussions, industry keynotes and solution showcases that will enable IT leaders to chart out the optimal strategic path.

Advisory board:

  • Sanjeev Nawani– Digital Business Servicesleader for all portfolio companies, Public Investment Fund, Kingdom of Saudi Arabia.
  • Younes AlMogerah– IT & Digitalization Director Zakat, Tax and Customs Authority Kingdom of Saudi Arabia.
  • Ramyan Alramyan– Chief Risk Officer, Saudi Tadawul Group: Securities, Clearing Center Company “Muqassa”, Kingdom of Saudi Arabia.

Speakers like Sanjeev Nawani– Digital Business Servicesleader for all portfolio companies, Public Investment Fund, Kingdom of Saudi Arabia,Younes AlMogerah– IT & Digitalization Director Zakat, Tax and Customs Authority Kingdom of Saudi Arabia,Ramyan Alramyan– Chief Risk Officer, Saudi Tadawul Group: Securities, Clearing Center Company “Muqassa”, Kingdom of Saudi Arabia, Issa Al Hurimmees– Group Chief Retail Risk Officer, Al Rajhi Bank, Osama Bukhari– Head of Banking Commission, The Saudi International Chambers of Commerce, Imran H hashim- IT Infrastructure Director, Medgulf Saudi Arabia, Dr. Ahmed Darwish– Head of Digital Delivery,Bank Albilad among many others will be sharing their experiences and expertise at the Summit.

Event registration has commenced forDelegates and Sponsors.

  • The delegates will be exposed to in-depth, trend-forward sessions & workshops – practical takeaways and ideas to keep you ahead in the digital
  • The sponsors will be able to create an overwhelming branding in the event along with meeting their prospects and displaying the products.
  • Hundreds of seasoned marketers, strategists, designers, and more to network and connect with. Meet your customers, vendors, expert resources, friends and colleagues on the 7th of November

Register Today to engage at this grand event as the slots are filling up fast.

To know more about the event, www.bfsiitsummit/saudi/

About Exito

We are a global B2B business events company focused on crafting bespoke solutions and contexts by designing platforms that create new business opportunities for our clients across concepts and industries. We cherish the trust over the last 12 years garnered from our partnering organizations globally, and with a growing team of young, vibrant, and creative individuals, Exito aims at success and perfection!


Society Pass (Nasdaq: SOPA) to Present at the Singapore Fintech Festival on 02-04 November 2022

Society Pass Incorporated (Nasdaq: SOPA) (SoPa or the Company), Southeast Asia’s (SEA) leading data-driven loyalty and e-commerce ecosystem, today announces that SOPA management has been invited to present at the Singapore Fintech Festival (SFF), to be held on Wednesday, 02 November to Friday, 04 November 2022. The in-person venue for the event is Singapore Expo located at 1 Expo Drive, Singapore 486150.

SOPA management will present at the SFF at the following times:
Day 2 (Thursday, 03 November)
1645 – 1700 – Rokas Sidlauskas (SOPA Chief Marketing Officer)
1700 – 1715 – Raynauld Liang (SOPA’s Chief Financial Officer)

Day 3 (Friday, 04 November)
1545 – 1600 – Rokas Sidlauskas (SOPA Chief Marketing Officer)
1600 – 1615 – Loic Gautier (Leflair Inc Chief Executive Officer)

About Society Pass Inc
Founded in 2018 as a digitally-focused loyalty and data marketing ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused e-commerce holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.

SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa’s data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam’s leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan, a leading local restaurant delivery service in Philippines. For more information on Society Pass, please check out:

Website at https://www.thesocietypass.com or
LinkedIn at https://www.linkedin.com/company/societypass or
Facebook at https://www.facebook.com/thesocietypass or
Twitter at https://twitter.com/society_pass or
Instagram at https://www.instagram.com/societypass/.

Cautionary Note Concerning Forward-Looking Statements
This press release may include “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate”, “believe”, “estimate”, “expect”, “intend” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus relating to the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Media contact
PRecious Communications for SoPa
sopa@preciouscomms.com

SMI Vantage Introduces AI-inspired F&B concept – Robochef

SMI Vantage Limited, an investment and management company listed on the mainboard of the SGX, today announced it has entered into a binding multi-year franchise agreement with Dutch Oriental Restaurant LLC, to open Robochef F&B outlets in Singapore.

This breakthrough AI-driven Robochef will feature machines that will prepare and cook meals that are freshly made on the spot, fast and hassle-free, and importantly, consistent in taste every single time. It will be introduced to malls and residential locations across Singapore and will feature 10-15 rice, noodles, meat and vegetarian dishes to cater to a wide variety of tastes. The menu will be constantly refreshed, depending on the availability of fresh local ingredients, responding to the needs and requirement of local consumers.

Artificial Intelligence plays a significant role in the way the dishes are prepared, providing precise cooking times, temperature control, ingredient selection and seasoning, all programmed to produce the perfect dish each time.

“I am delighted that we are moving forward with this powerful F&B concept, which I believe will excite the marketplace and is entirely consistent with the announcements made on SMI Vantage’s new business direction,” said Mark Bedingham, President and Chief Executive Officer. “This will be a platform, building on the extensive F&B knowledge and experience within SMI Vantage, and will offer the opportunity for us to grow this business from our Singapore base. In a high labour-cost environment such as Singapore, Robochef is able to keep running costs down and help alleviate manpower constraints and is thus an ideal solution for both customer-facing outlets as well as for central kitchen operations.” he added.

“We are honoured to be in partnership with SMI for our AI Robochef. SMI’s strong market and business network would enable our rapid expansion into key markets in Asia Pacific starting with Singapore. Robochef is the world’s first Artificial Intelligence-enabled Cloud based system. It not only stores famous creations from global celebrity chefs; but learns, adapts and personalises different cooking styles for localisation. Simply, imagine digital music app store, download your favourite recipe anytime and anywhere to whip up a freshly cooked dish at a touch of a button in no time,” said Sandy Tan, Vice President (Asia Pacific), Robochef AI Tech, Dutch Oriental Group of Companies.

About SMI Vantage

SMI Vantage Limited is an investment and management company focused on capitalising on strong trends in the new economy including technology-based SaaS services and other high-tech platforms. Listed on the Main Board of the Singapore Stock Exchange, SMI Vantage Limited has a highly capable and experienced management team with a proven track record in building strong business partnerships and alliances. https://www.smivantage.com/

About Dutch Oriental

Headquartered in Dubai, Dutch Oriental is focused on Robotics, AI Technology in hospitality and F&B. Dutch Oriental is also the Builder and Operator of the Largest & Most Luxurious Mega Yachts, Super Yachts and Cultural Boat Fleets in the United Arab Emirates (UAE). https://dutchoriental.com/

For media queries, please reach out to:
Waterbrooks Consultants Pte Ltd
Wayne Koo – wayne.koo@waterbrooks.com.sg +65 9338-8166
Derek Yeo – derek@waterbrooks.com.sg +65 9791-4707

Proud Investor Relations partner:
https://www.waterbrooks.com.sg/ and https://www.shareinvestorholdings.com/

Digital Nigeria 2022, Day#2: Blockchain Adoption Can Increase Nigeria’s GNP, If…

Developing nations like Nigeria stand a chance to benefit from the US$ 1.76 trillion market, if they can position themselves to adopt and leverage Blockchain technologies. Kashifu Inuwa, Director General of the National Information Technology Development Agency (NITDA), made this case today, Day 2 of the Digital Nigeria 2022 International Conferences, Exhibitions and Awards.

The NITDA boss said “Developing countries like Nigeria, if we position ourselves, we can increase our GDP by at least 0.5 percent, which is almost US$ 25 billion. So today we are here to explore how we can position ourselves. The government has been doing it. It is in site. We have developed blockchain adoption strategies.”

He revealed the NITDA Blockchain adoption strategy has four initiatives. “Firstly, to establish a consortia that will build the ecosystem. And today we are here to build that ecosystem and community! Secondly, to strengthen the regulatory instruments and have legal framework. and last week, the president signed the Nigerian startup Bill into law, now the Nigeria Startup Act 2022, which is going to provide legal instruments for all emerging technologies, including blockchain.”

Inuwa noted “Thirdly, initiatives to incentivize the ecosystem which would encourage the building of use cases using blockchain, adding that the Start Up Act would to achieve that as well. And, fourthly is to build sandbox. We are going to work with you to develop sandbox for proof of concept and proof of value around blockchains. So, all that this government is doing, aims to make Nigeria attractive to blockchain investment.”

He listed the benefits of Blockchain to include “Tracking and tracing. We can use it to solve our supply chain challenges. We can use it to track records like land titles. We can use it to track certificate, vaccine, and so many things, anything you can think of that needs that trust. Technology can also address payment system challenges and financial inclusion, adding that it can also be used to strengthen our identity management.

“Not only personal identity, but even things’ identities. We’re talking about the Internet of Things. That means everything connected to internet needs to be identified. With Blockchain, you can achieve that when you use blockchain and IoT. You can even use it to manage government spending. In the budgeting process, you can use it to attach every single Naira to what it is budgeted for. You can trace it, and make sure there is traceability for every Naira spent by the government.”

Blockchain Summit @ Digital Nigeria 2022: And then some..

The session witnessed panel discussions on Prioritizing Blockchain Technology, Implications for Digital Asset Innovation, Impacts of Blockchain on the Digital Economy: the Myth, the Truth and the Opportunities, and, One World Connected with Blockchain. The highlights of the summit were the inauguration of the Blockchain Campus Ambassadors and evolution of Blockchain Technology in Nigeria, in story-book form.

“Blockchain is here to stay, and we are rapidly moving away from traditional process to the Digital Transformation process,” concluded Ibrahim Jega, Co-Founder of Domineum Blockchain Solutions, who together with the NITDA had hosted nearly 2000 guests at this year’s Blockchain Summit @ Digital Nigeria 2022.