STREAMWIDE expands its Team on the run (TOTR) software solutions on Amazon Web Services Singapore

SINGAPORE, Feb 28, 2023 – (ACN Newswire) – STREAMWIDE (Euronext Growth: ALSTW – FR0010528059), a leading provider of secure communication and collaboration software, announced today the expansion of its cloud-based Team on the run (TOTR) software solutions on Amazon Web Services (AWS) Asia Pacific (Singapore) Region.

This move is in response to the growing demand for the company's TOTR solutions offered on a software-as-a-service (SaaS) model in the Asia-Pacific region, and it provides organizations in the region with the speed, security and scalability of the AWS cloud as well as data sovereignty.

"We are proud to be expanding our presence on AWS Asia Pacific (Singapore)," said Lindy Wong, General Manager, APAC, of STREAMWIDE. "The Asia-Pacific region is a key market for us, and this move will allow us to better serve our customers, providing them with the benefits of our TOTR solutions on the AWS platform."

TOTR provides organizations in both public and private sectors with a powerful suite of business-critical communication solutions to manage their remote teams' communication and collaboration efficiently with unparalleled scalability and security. The code-free digital workflow builder enables organizations to accelerate their digital transformation process.

Integrated with geolocation tracking, digital workflow automation and emergency features, TOTR empowers organizations to manage field operations effectively with real-time status overview. TOTR service is accessible via web browsers and is in synced with the mobile app running on either Android or iOS devices, allowing users to access all data, files and conversations seamlessly. Designed to work in both on-line and off-line mode, TOTR allows organizations to handle diverse range of field operation situations.

The suite of services available on the AWS Asia Pacific (Singapore) platform includes:
– Secure messaging and collaboration
– Advance telephony
– VoIP and Push-to-Talk (PTT)
– Code-free workflow automation and scheduling
– Field service management
– Tracking and geofencing
– Emergency alerts.

The expansion of STREAMWIDE's TOTR on AWS platform is part of the company's on-going commitment to delivering secured communication and collaboration solutions around the world.

For more information on STREAMWIDE's TOTR, please visit https://www.streamwide.com/en/team-on-the-run/.

About STREAMWIDE (Euronext Growth: ALSTW – FR0010528059)
A major player for 20 years in the critical communications market, STREAMWIDE has successfully developed its Team on mission (mission critical) and Team on the run (business critical) software solutions for administrations and businesses. These solutions for smartphones and PCs, offered in a SaaS model or on Premise, benefit from numerous functionalities such as the multimedia group discussions, VoIP, push-to-talk (MCPTT and MCx new generation 4G / 5G LTE), geolocation, digitization and automation of business processes. These innovative solutions meet the growing needs for digital transformation and real-time coordination of interventions. They allow field teams to transform individual contributions into collective successes and to act as one in the most demanding professional environments.

STREAMWIDE is also present on the Value-Added Services software market for telecom operators (visual voice messaging, billing and charging of calls in real time, interactive voice servers, applications and announcements) with more than 130 million end users all over the world.

Based in France and present in Europe, USA, Asia and Africa, STREAMWIDE is listed on Euronext Growth (Paris) – ALSTW FR0010528059. For more information, visit http://www.streamwide.com, connect on LinkedIn @streamwide and follow on Twitter @streamwide.

Contacts
Lindy Wong | Michelle Chia
General Manager, APAC | Business Development Consultant, APAC
STREAMWIDE Pte Ltd
E: Inforequest-apac@streamwide.com
T: +65 8205 1738

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Kingworld Medicines Earns “Shenzhen Time-honored Brand” Title Again

HONG KONG, Feb 28, 2023 – (ACN Newswire) – Headquartered in Shenzhen, Kingworld Medicines Group Limited (stock code: 01110.HK) is a distributor and the agent of many well-known and high-quality health products, providing channels and supply chains to the products. It has helped brands establish professional image and achieved good sales performance in the Mainland China, Hong Kong and Macau markets, gaining the endorsement of partners at home and abroad. As an industry leader of more than two decades, Kingworld Medicines has won market acclaims and was again named a "Shenzhen Time-honored Brand".

The Company's own medicine brand Kingworld Imada Red Flower Oil recently made the official topical oil at the Shenzhen Bao'an Marathon. The topical oil is among the best of Kingworld's own brand medicines, known for improving circulation, fending off coldness and reducing swelling and pain. Made of precious Chinese medicines, including safflower and dragon's blood, the topical oil can be used to treat symptoms of such as arthritis, and bruises and pain, backache and mosquito bites, among others.

The Shenzhen Bao'an Marathon was suspended for [a year/two years] due to the COVID-19 pandemic. It will resume this year and is scheduled to be held on 19 March. The major sports event in China was first held in December 2016. It features two races – the full marathon and half marathon – welcoming 18,000 participants, of whom 8,000 to the full marathon and 10,000 to the half marathon. In recent years, the Company has provided Kingworld Imada Red Flower Oil to athletes at various sporting events to help in their recovery. The product has also been well-received by consumers, who have spontaneously recommended it to their friends via WeChat.

Kingworld Medicines will send teams to take part in the event. On the day, a service zone will be set up at the starting point and the end point to help athletes [get ready for and] recuperate after the races. Moreover, it will offer interactive games with prizes at the event to spur the joyous atmosphere of the marathon.

The medicines, health care products and beauty products sold by Kingworld Medicines as a distributor and agent included: the Nin Jiom Product series, Taiko Seirogan, Culturelle probiotics, CARMEX, Life's DHA Algae, among others, all products familiar to the market. The Company also carries out R&D and production of medical devices such as infrared body temperature monitors, and distributes medical supplies and surgical masks. Last year, it acquired equity interest in the French company Innopharm to prepare for exploring and making deployment in overseas market.

The Company is building the Longde Health Industrial Park in Shenzhen. The industrial park was topped out at the end of last year and will start recruiting tenants this year, targeting companies in medical device and biomedicine businesses. With the Longde Health Industrial Park giving it support, Kingworld will build an integrated intelligent pharmaceutical supply chain service platform and optimize its comprehensive health business system.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Institutional Analyst: Our Number #1 Internet Company, Society Pass (Nasdaq: SOPA), Holds Appeal for Both Traders and Long-Term Investors

NEW YORK, Feb 28, 2023 – (ACN Newswire) – Institutional Analyst Inc ("Institutional Analyst") issues Equity Research Report on Society Pass Incorporated ("SoPa") (Nasdaq: SOPA), Southeast Asia's (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem.

Click here to view the full Institutional Analyst Equity Research Report. https://internetstockreview.com/sopa-report-ii/

Summary Points:

– Compelling investment thesis – With near $20 million of cash in the bank, versus a $28 million current market capitalization, and with four Wall Street firms price targets averaging $6.60 (500% higher) and their revenue projections ranging from $40 to $60 million in 2023, SoPa can only be defined as compelling.

– SoPa is building a portfolio of eCommerce start-ups and has all the ingredients in a major winner:
— Easy to Understand Business Model
— Underfollowed
— Scaleable Sector, Offering 100X Growth Potential
— Offers US Investors Back Door Entry Into Fast Growing SE Asia
— Market Capitalization Under $500 Million
— Financially Sound
— Management Team With Both Financial and eCommerce Expertise
— Summary and How to Trade and Invest in SOPA
— Wall Street Coverge

– Sustainable incubator business model – While still early (bottom of the first inning), the Society Pass business model is off to an excellent start, with six acquisitions last year alone. Institutional Analyst views incubators and accelerators as having the most 'durable' model of any in the technology sector, in that they are on a constant search for early-stage companies that are creating the latest and most innovative technologies or services.

– Underfollowed – At $1.00 currently, Society Pass has a market value of $28 million with only 28 million shares outstanding. While we consider Society Pass to be under-followed, by no means is it un-followed. There are four Wall Street firms that have initiated coverage with lengthy research reports, totaling over 70 pages, including this report. With price targets averaging $6.60 or better than 500% higher than where it is currently trading, we could have headlined this section, "Loved But Under-followed".

– Easy to Understand Game Plan – SoPa doesn't buy and fix. It buys or partners, and then supercharges or scales early technology start-ups. Led by former investment banker Dennis Nguyen, SOPA looks for visionary founders with three to four years of experience under their belt. Companies that may be growing at 50-70% a year. These are not companies needing to be fixed. Investing in SoPa is very much like investing in the experienced manager of a venture capital firm. Not investing in the venture capital fund – but in the experienced manager of the fund. This is where the Society Pass business attractiveness comes in. There are hundreds of viable acquisition candidates in SE Asia and any single one has the potential to be the next Tik-Tok (Tik-Tok after all didn't know it was going to be the next Tik-Tok, when it was started in a three-bedroom apartment).

– Scaleable Sector Offering 100X Growth Potential – There are very few limitations to the scalabilty of the Society Pass business plan. They need analysts and deal-makers to bring the acquisition targets under the SOPA umbrella. And they need to ensure the acquired companies understand the benefits of integrating with SOPA's Loyalty program called 'Society Points', a digital wallet, and a defacto currency. It will tie all of its acquired companies together, enabling data integration (who's buying what) leading to enhancing revenues for all its controlled properties and outlets. They're not looking to grow this operation to 10x or 20x. They're looking to expand this 100-fold.

– Offers US Investors Back Door Entry Into Fast Growing SE Asia – Investing in Society Pass offers US investors a back door entry into these fast-growing start-ups, with considerably less risk, as we can rely on an experienced management team to do all the hard work for us. The CEO is an entrepreneur who has taken six companies public. As a former investment banker, he can identify thousands and acquire scores of start-ups. We believe he is well-suited to guide us through a maze of opportunities.

– Deep Management Team With Both Financial and eCommerce Expertise – The company is run by a deep bench of C-suite executives, country managers and business unit heads.

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, 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.ph, a leading local restaurant delivery service in Philippines.

For more information on Society Pass, please visit:
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

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Tanla Platforms unveils phishing protection platform Wisely ATP at Mobile World Congress, Barcelona 2023

P. D. Vaghela, Chairman, TRAI, launches Wisely ATP at Mobile World Congress 2023
Wisely ATP is an end-to-end solution aimed to combat the global challenge of SMS phishing
Single platform to bring together all critical stakeholders in digital communications ecosystem to protect the end users

Hyderabad/Barcelona, Feb 28, 2023 – (ACN Newswire) -Tanla Platforms Limited (NSE: TANLA; BSE:532790), India’s leading digital interactions company, today announced the launch of Wisely ATP – an innovative solution for protection against SMS phishing – at Mobile World Congress (MWC) Barcelona 2023. Wisely ATP is a one-stop platform to combat the challenge of SMS phishing comprehensively.

Phishing is a global challenge. With 4.7 billion internet users (nearly 60% of the global population) now spending nearly 7 hours online daily, the global economy continues to digitalize at an increasing rate – and crime is following quickly. According to the Global Anti Scam Alliance (GASA), online scams are now the most common type of crime, amounting to a loss of nearly USD 55 billion per year globally – 96% of Australians claim to have been exposed to an online scam in the last five years; 61% of French claim to have been exposed to “alternative investment offer” phishing attempt; 50% of UK citizens claim to have received a phishing email, SMS or social media message in one month.

India ranks among the largest markets for SMS phishing, with over 6 million citizens scammed annually and an estimated loss of nearly INR 15,000 Cr. The country’s growing mobile user base and low SMS rates have led to SMS phishing becoming one of the most prevalent forms of scam. Our analysis shows that over 5 billion SMS phishing attempts are made in India annually.

Despite the magnitude and criticality of the problem, no established solution currently exists to solve the phishing problem end-to-end. Current solutions are reactive, thus – unable to curb the issue comprehensively. Staying true to its track record of developing revolutionary products, Tanla is launching Wisely ATP to combat this issue. This once-in-a-generation product promises to reimagine the safety of digital communication channels.

Uday Reddy, Chief Executive Officer, Tanla

“Phishing has now become an organized industry: scammers are becoming faster and more sophisticated, consistently finding new ways and clever pretexts to get users to disclose sensitive information. The problem is real. The problem is huge. Now is not the time to experiment. To grow in this digital-first world, it is critical that enterprises urgently take steps to enhance customer safety and build trust. Wisely ATP is a first-of-its-kind revolutionary solution that acts as a single platform to solve the phishing problem end-to-end. It protects the user, disables the scam and eliminates the scammer. It enables brands to always be three steps ahead of the fraudster,” said Uday Reddy, Chief Executive Officer, Tanla.

Regulators across the globe are starting to realize the impact of phishing on society and are seeking solutions that can help mitigate this challenge. In India as well, the Telecom Regulatory Authority of India (TRAI) has been closely watching this space. It recently conducted a regulatory sandbox that successfully validated the effectiveness of Wisely ATP.

“TRAI was the first regulator to introduce blockchain-based DLT solution to curb the menace of spam. Tanla had been a key player in providing the solution. Last year, at our 25 years of TRAI celebration – we announced our focus on phishing problem in the country. I thank Tanla for again stepping up to solve this problem. I had an opportunity of seeing the solution today, and I am genuinely amazed by the initial insights. I commend the efforts by Tanla developers and their product team and I’am sure the product will be a major success in India and worldwide,” said Dr. P.D. Vaghela, Chairman TRAI

Building customer trust with cutting-edge offerings

As phishing events rise across the country, enterprises, telcos, and regulators, have been asking for technology-based solutions that make the digital ecosystem safer. Tanla is responding with Wisely ATP.

Built ground up at Tanla’s innovation and experience centre, this made-in-India solution leverages cutting-edge AI technology to combat phishing. Wisely ATP is a proprietary (patent pending) platform that can process over 1 trillion transactions annually in real-time with an accuracy of over 99%. It processes a transaction in <20 milliseconds, ensuring no impact on user experience. The platform addresses phishing end to end – from protecting the user to disabling the scam and eliminating the scammer.

Wisely ATP comprises of 3 modules:

Identification: Leveraging best-in-class Artificial Intelligence (AI) algorithms, Wisely ATP comprehensively detect phishing messages in real-time. This is enabled by four proprietary (patent pending) engines powered by large language models, natural language processing, web of trust and deep-learning algorithms
Prevention: Wisely ATP ensures messages identified as phishing are dropped from being delivered. Additionally, it can proactively sends warning alerts to users and generates actionable insights for the entire ecosystem
Elimination of root cause: Wisely ATP will provide evidence to all the ecosystem stakeholders (technology giants, law enforcement, regulators etc.) enabling them to eliminate the root cause of SMS phishing

Wisely ATP acts as a single thread connecting all critical stakeholders to deliver an end-to-end solution. It is powered by a global network of threat intelligence and is built 100% on the cloud – as a true SaaS platform enabling quick and easy global scalability.

“In this highly sophisticated and rapidly evolving phishing landscape, traditional solutions such as rule- based firewall deployments have proven to be ineffective. Before Wisely ATP, there was no real established solution. Wisely ATP is an AI-based solution to eliminate phishing completely. After identifying the scam, the Wisely ATP also helps eliminate fraudulent assets (such as fake URLs, WhatsApp accounts etc.) and provides evidence to apprehend the fraudster. It is a true end-to-end solution,” said Sunil Bajpai, Chief Trust Officer, Tanla.

What customers are saying about Wisely ATP HDFC Bank

“At HDFC Bank, we obsess over customer safety and security,” said Ravi Santhanam, Chief Marketing Officer. “With the rising threat of phishing in India, the bank has been raising customer awareness through two large public campaigns. Taking another step in this direction, we are delighted to partner with Tanla to curb phishing at the source and offer end-to-end protection to our customers.,” he added

About Tanla

Tanla transforms the way the world collaborates and communicates through innovative CPaaS solutions. Founded in 1999, it was the first company to develop and deploy A2P SMSC in India. Today, as one of the world’s largest CPaaS players, it processes more than 800 billion interactions annually and about 63% of India’s A2P SMS traffic is processed through Trubloq, making it the world’s largest Blockchain use case.

Wisely, our patented enterprise grade platform offers private, secure, and trusted experiences for enterprises and mobile carriers. Tanla Platforms Limited is headquartered in Hyderabad. Tanla is listed on two national exchanges, the NSE and BSE, (NSE: TANLA; BSE:532790) and included in prestigious indices such as the Nifty 500 and BSE 500, Nifty Digital Index, FTSE Russell and MSCI.

For additional information, please contact:
Ritu Mehta
Director- Investor relations
ritu.mehta@tanla.com

Chandra Sekhar. K
Head-Media relations
chandrasekhar.k@tanla.com

Safe Harbor

This document contains “forward-looking” statements, and these statements involve substantial risks and uncertainties. All statements other than statements of historical fact could be deemed forward-looking, including, but not limited to, expectations of future operating results, market size and growth opportunities, the calculation of certain of our key assumptions relating to resolving future challenges operating metrics, estimated figures, plans for future operations, competitive position, technological capabilities, and strategic relationships, as well as assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quanti- fied. In some cases, you can identify forward-looking statements by terminology such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “plan,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall,” and variations of these terms or the negative of these terms and similar expressions. You should not put undue reliance on any forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all.

Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. Our actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors. If the risks or uncertainties ever materialize or the assumptions prove incorrect, our results may differ materially from those expressed or implied by such forward-looking statements. We assume no obligation and do not intend to update these forward-looking statements or to conform these statements to actual results or to changes in our expectations, except as required by law.

This document contains statistical data, estimates and forecasts that are based on independent industry publications or other publicly available information, as well as other information based on our internal sources. This information involves many assumptions and limitations, and you are cautioned not to give undue weight to these estimates. We have not independently verified the accuracy or completeness of the data contained in these industry publications and other publicly available information. Accordingly, we make no representations as to the accuracy or completeness of that data nor do we undertake to update such data after the date of this document.

By receiving this document, you acknowledge that you will be solely responsible for your own assessment of the market and our market position and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of our business.

Any logos or trademarks (other than Tanla, Karix, Gamooga. Trubloq & Wisely) included herein are the property of the owners thereof and are used for reference purposes only.

Spearheading Banking Transformation in the MENA region

DUBAI, UAE, Feb 27, 2023 – (ACN Newswire) – Following the success of Verve Management's first summit within the digital banking space, the 2nd Annual Future Banks Summit MENA 2023 taking place on March 7-8, in Dubai, UAE will highlight the magnitude of the role digitalization plays in reshaping the future of banking. The pandemic has forced digital acceleration at a massive scale, leading banks to look into institution-wide transformation, while reimagining the industry as a whole.

This initiative holds one clear motive – to allow pioneers within the industry to recognize this transformational shift in banking, and work collectively to paint a clearer picture of this landscape, in the long run. With an invigorating array of topics up for discussion, the summit will present an opportunity for like-minded professionals within the fintech and banking space in the region, to delve into thought- provoking discussions stemming from ideas surrounding automation excellence, the direction of future payments, cloud computing, and digital currency, to name a few.

Throughout the course of the two-day affair, delegates will experience a power-packed agenda consisting of presentations, scintillating panel discussions, and keynotes from globally and regionally renowned executives within the fintech sector.

At this year's 2nd Annual Future Banks Summit MENA, get ready to be in the presence of some of the MENA region's most renowned fintech pioneers:
– Aditya Baswan – Vice President – Agile Governance at Bank FAB
– Finali Fernando – Managing Director, Regional Head of Products, GPS, MENAT at HSBC
– Dimi Krylov – Head of BAAS at Banque Saudi Fransi
– Anand Sampath – Head of Global Payments & Receivables at GTB
– Issa Al-Hurimmees – Group Chief Retail Risk Officer at Al Rajhi Bank

With that being said, Verve Management is beyond excited to have every single one of its attendees in the presence of networking amongst the ranks of the brightest minds in the industry.
Witness some of the most renowned experts and thought leaders provide best practices and ideas to help expedite the digital transformation process, and explore MENA's financial landscape which will be driven by innovation and technological advancement.
Register now to get your exclusive all-access pass to the summit:
mena.futurebanksummit.com/register/

Verve Management
Isha (isha@verve-management.com)
Marketing Executive
Dubai, UAE

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CleverTap’s Fintech Benchmark Report: Only 1 in 5 users that install fintech apps sign up within week one

MOUNTAIN VIEW, Calif. and MUMBAI, India, Feb 27, 2023 – (ACN Newswire) – CleverTap, the modern integrated retention cloud, released its Industry Benchmark Report for Fintech Apps 2022. As fintech apps continue to grow more popular, the number of players vying for market share has increased. This has subsequently reduced customer retention and "stickiness" for any one brand. Therefore, today more than ever, it is crucial that fintech companies find ways to drive customer "stickiness" by engaging users in effective ways that eventually drive transactions and fuel growth. The report reflects data collected from Asia-Pacific, Europe, India, Latin America, Middle-East, and North America. The report gives marketers a truly holistic view of key metrics within the fintech app landscape. It also spans a wide variety of fintech apps, including, but not limited to, mobile payment apps, cryptocurrency, and block chain services, along with banking and insurance among others.

Jacob Joseph, VP-Data Science, CleverTap

These insights will not only serve as a helpful starting point for developing successful engagement strategies, but also assist in understanding how an app fares in comparison to global averages. Some of the key metrics in the report include:

– Install to sign-up rate: Only 1 in 5 users that install fintech apps (21%) end up signing up within the first week.
– Average time to sign-up: 70% of the users that sign-up, do so within 75 seconds of launching the app for the first time.
– Sign-up to conversion rate: 95% of newly signed-up users make at least one financial transaction in the first month.
– Average time to to convert: 76% of newly signed-up users move from onboarding to deeper-in-the-funnel engagement within an average of 7 days.
– Session frequency: On average, fintech app users launch their app around 11 times a month.
– Average repeat transaction rate for new users: 15% of newly signed-up users complete more than one transaction in the first week.
– Average click through rate for push notifications: On average, 9% of Android users and 6% of iOS users will click on and interact with push notifications.
– Average click through rate for in-app notifications: The click through rate for in-app notifications is 24%, that's about 3 times more than that of push notifications.
– Average email open rate: 34% users open emails sent by fintech companies.
– Average Stickiness Quotient: Fintech apps enjoy a stickiness quotient of 22%, that indicates nearly one-quarter of MAUs consistently return to their fintech apps.

"The fintech industry has seen exponential growth in the last few years. Given the relentless competition within the space, fintech platforms need to step up their Omnichannel engagement efforts to better retain customers", said Jacob Joseph, VP-Data Science, CleverTap. "The benchmark metrics laid out in our report provide a great starting point for growth marketers looking to develop effective marketing strategies. They will be able to compare numbers against global averages and pinpoint which aspects they are excelling at and which areas could use some attention or innovation."

95% of new fintech users complete a monetary transaction in the first month. This shows that while users see value in fintech apps, it's important to adopt customized user engagement strategies to boost retention on the platform. Today there is a real need for fintech brands to bake-in effective marketing strategies within their apps. Users will remain responsive as long as the experience is engaging and seamless. The benchmark report helps fintech apps understand how to build successful mobile communication campaigns, and also allows growth marketers to discover areas that require greater focus.

The report can be downloaded here. https://clevertap.com/insights/mobile-payment-apps-benchmarks-report/

About CleverTap

CleverTap is the World's #1 Retention Cloud that helps app-first brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product.

The platform is powered by TesseractDB(TM) – the world's first purpose-built database for customer engagement, offering both speed and economies of scale.

CleverTap is trusted by 2000 customers, including Gojek, Electronic Arts, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa Johns, and Tesco.

Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, Sao Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta.

For more information, visit clevertap.com or follow on LinkedIn and Twitter.

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:
SONY SHETTY
Director, Public Relations, CleverTap
+91 9820900036
sony@clevertap.com

IPSHITA BALU
Consultant
Archetype
+91 95901 11798
ipshita.balu@archetype.co

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SCIB Posts Higher Revenue of RM66 Million in 1H FY2023

KUCHING, MALAYSIA, Feb 27, 2023 – (ACN Newswire) – Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Group's revenue increased by 2.6% to RM66.3 million for the six months ended 31 December 2022 (1H FY2023) compared with RM64.6 million registered in the corresponding period of the previous financial year (1H FY2022).

En. Rosland bin Othman, Group Managing Director and Chief Executive Officer of SCIB

The Company recorded a narrower loss before tax (LBT) of RM3.7 million in 1H FY2023 compared with LBT of RM4.0 million in 1H FY2022.

For the second quarter ended 31 December 2022 (2Q FY2023), the Company's revenue decreased 5.6% to RM36.0 million compared with RM38.1 million in 2Q FY2022, while LBT widened to RM2.8 million compared with RM1.3 million reported in 2Q of the previous financial year.

Revenue contribution from the manufacturing business increased 6.9% to RM45.7 million in 1H FY2023 compared with RM42.8 million in 1H FY2022, while revenue contribution from the engineering, procurement, construction, and commissioning (EPCC) business decreased marginally to RM20.2 million compared with RM21.4 million. For 2Q FY2023, the manufacturing business contribution to revenue decreased to RM21.6 million compared with RM23.7 million in 2Q FY2022, while EPCC business revenue contribution remained stable at RM14.0 million.

Group Managing Director of SCIB, Encik Rosland bin Othman said, "Our key manufacturing arm, the leading precast concrete and Industrialised Building System (IBS) producer in Sarawak and Sabah, continues to be the mainstay in terms of revenue contribution. Manufacturing saw an increase in profit before tax (PBT) to RM2.0 million in 1H FY2023 compared with RM0.3 million in 1H FY2022 while manufacturing PBT for the current quarter under review doubled to RM1.0 million compared with RM0.5 million in the corresponding quarter last year."

"The Malaysian economy began 2023 with good momentum, as the economic outlook gradually improves following strong growth in 2022. The construction sector grew 8.8% for the whole of 2022 supported by all subsectors, with the civil engineering subsector turning around to positive growth of 2.7%. Based on these latest developments, we are cautiously optimistic and will continue to leverage on our strength as the leading precast and IBS manufacturer in Sarawak and Sabah complemented with our track record in EPCC projects to bid for jobs."

As of January 2023, the Company has an order book of RM387.96 million with earnings visibility until 2026.

Sarawak Consolidated Industries Bhd: 9237 [BURSA: SCIB], http://scib.com.my

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

The 8th Edition REITS Asia Pacific 2023 held on 16th March 2023

Singapore, Feb 27, 2023 – (ACN Newswire) – Asia's highly established REITs and real estate securitization event, REITs Asia Pacific 2023 is back again for the 8th edition. The prior REITs Asia Pacific conferences were trailblazers and were instrumental in developing investor interest in the Singapore REIT market. Next year, the event will continue to play host to the Asia Pacific REIT industry recognition event – The Asia Pacific "Best of the Breeds REITS Awards" 2023.

Investors today face concerns over rising inflation and higher interest rates. This is in stark contrast to the past few decades of low interest rates. Nevertheless, there are still attractive opportunities in Asian REITs where new growth drivers are emerging.

There are new growth drivers in the Asian REIT market, such as the growth of e-commerce and logistics, which are driving demand for warehouses and distribution centres. Additionally, the rapid urbanization in Asia has resulted in increasing demand for residential and commercial properties, providing significant investment opportunities for REITs.

Meanwhile the rising adoption of cloud-based services is driving the construction of hyperscale data centres in Asia. The data centre market in Southeast Asia is expected to grow at a compounded average growth rate of 6% from 2019-2025, with Singapore having the greatest potential followed by Indonesia, Malaysia, Thailand and Vietnam.

Across Asia, demand for technology parks is also surging, in part driven by government policies seeking to leverage on innovation to drive economic growth. In India, new technology parks are being positioned to be production hubs aimed at both domestic and international markets. In China, demand for technology parks is rising amid the government's push for greater technological self-reliance.

With increasing awareness and understanding on Environmental, Social and Governance (ESG) and sustainable investing, investors are starting to appreciate how sustainability impacts the valuation of the REITs they are investing in. The bottom lines of REITs are closely linked to how its operations are managed. Sustainable REITs are able to better manage their energy usage and greenhouse gas emissions while enjoying better tenant retention and higher occupancy rates. The demand for sustainable buildings in Asia Pacific currently exceeds supply, allowing landlords to charge a premium above prevailing rents.

The diversity within Asia's REITs markets means that active managers can leverage on the unique characteristics of the different segments and their cyclical dynamics to increase portfolio yield.

The Asia Pacific Best of the Breeds REITs Awards 2023 features some of the market's most influential market makers and thought leaders and will celebrate the crowing of Asia's most outstanding players in the REITs market.

Choices Of Award Categories:
– Retail REIT
– Office REIT
– Industrial REIT
– Hospitality REIT
– Healthcare REIT
– Islamic REIT
– Alternative Asset Class REIT
– Retail & Office Hybrid
– Best CEO (Asia Pacific)
– Best CFO (Asia Pacific)
– Best Investor Relations (Asia Pacific)
– Best Real Estate IT software Award
– Diversified REITS

For media partnerships and media passes please contact:
Mandy Koh
Email: marketing@pinnaclegroup.global
Tel: +65 6444 9049 / +65 6444 6549

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Axonect Enterprise Enabler powers Axiata’s first metaverse concert in Sri Lanka and Indonesia

COLOMBO, LK, Feb 27, 2023 – (ACN Newswire) – Axiata Digital Labs (ADL), a telco-focused software and solutions provider, is pleased to announce its Axonect Enterprise Enabler delivered Axiata Group's first-ever immersive music concert: MetaStage powered by Dialog Futureverse, designed in association with GSMA Open Gateway APIs. Hosted by Sri Lanka's Dialog Axiata and Indonesia's XL Axiata as a proof-of-concept of GSMA's Open Gateway initiative, the concert showcased the opportunity for mobile operators to enhance existing services and deploy new services to their customers.

"We are delighted to have played a key role in powering Dialog MetaStage, the first metaverse concert in Sri Lanka," said Namal Jayathilake, Chief Technology Officer, Axiata Digital Labs. "Our Axonect Enterprise Enabler platform has once again demonstrated its potential as a powerful tool for digital innovation and transformation. We look forward to working with more mobile operators to bring new and exciting services to their customers."

Axonect Enterprise Enabler is a TM Forum ODA-compliant digital transformation platform that enables mobile operators to transform into Digital Telcos by seamlessly exposing mobile operator capabilities within a consistent federated and commercial framework via universal CAMARA APIs and TM Forum Open APIs.

"We are thrilled to have partnered with Axiata Digital Labs to bring new and exciting opportunities to our customers," said Viranga Seneviratne, Senior General Manager at Ideamart, Dialog Axiata. "The success of Dialog MetaStage is a testament to the power of collaboration and innovation, and we look forward to working with Axiata Digital Labs to continue pushing the boundaries of what's possible in the mobile industry."

"ADL's Axonect Enterprise Enabler platform has provided us with the tools we need to innovate and stay ahead of the curve in the mobile industry," said Yessie D Yosetya, Director & Chief Digital Transformation & Enterprise Business Officer, XL Axiata. "Together with ADL, we have been able to deliver a world-class concert experience to our customers, and we are excited to continue working together to develop new services and experiences that leverage the power of mobile technology."

The concert, held on February 17, featured Sri Lankan and Indonesian artists performing in front of a virtual audience (https://futureverse.dialog.lk). The Axonect Enterprise Enabler acted as the gateway for the concert orchestrating Open Gateway APIs and TM Forum APIs, enabling users from both countries to experience a customized concert.

Axiata Digital Labs will be at MWC Barcelona 2023 showcasing its Axonect Product Suite from 27 Feb to 02 March, Booth 7H17, Barcelona. Book a meeting at https://axonect.com/mobile-word-congress/.

About Axonect
Axonect is a robust, full-stack, product suite that supports rapid service delivery, improves agility, accelerates partnerships and transforms the enterprise landscape, seamlessly connecting northbound and southbound systems, allowing enterprises to be agile, digital service providers. Axonect products are built by the innovative engineering team at Axiata Digital Labs. Visit https://axonect.com.

About Axiata Digital Labs
Axiata Digital Labs (ADL) is an innovative software services and solutions provider, helping businesses globally advance in the digital era. Our convergent digital design experiences, innovative platforms and reusable assets connect numerous technologies to deliver tangible business value and experience. The technology hub of Axiata Group Bhd Malaysia, with 1300 professionals across Malaysia, Indonesia and Sri Lanka, ADL helps customers in telecom, digital & financial services. Visit https://axiatadigitallabs.com.

Media Contact:
Jamien Boulton
jamien@prwiresl.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Fight Zone’s First Franchised Outlet at Suntec City Opens, with Six More Outlets to Come in 2023

SINGAPORE, Feb 27, 2023 – (ACN Newswire) – Fight Zone, a born-in-Singapore fitness brand has opened its first franchised outlet at Suntec City. The official opening was attended by more than 50 members of the public and current Fight Zone members on 25 February on a bust Saturday afternoon. Located in the heart of Singapore's business district, the Fight Zone Performance Centre outlet is the first to focus on physical transformation of clients and muaythai, moving away from just providing high-intensity training.

The Fight Zone Performance Centre at Suntec City is the first of six franchised Fight Zone fitness centres which will open in 2023, as the fitness brand aggressively expands its presence within Singapore.

Apart from personal training with authentic muaythai, the Performance Centre will also feature specialised kettlebell classes and Suples Bulgarian Bag strength and conditioning classes with the sole aim of helping members undergo their fitness and transformation programmes at the Suntec City outlet, with the brand especially targeting busy executives who work within the area.

Said Sasidharan Unnithan, Chief Executive Officer and Founder of Fight Zone, "The Fight Zone Performance Centre at Suntec City aims to help the busy working executive who work and live near the area to transform their lives and to maintain a healthy lifestyle. We are proud that our first franchised outlet is located at Suntec City, the venue where we started building the brand from scratch in 2017. Our next step for Fight Zone would be to take the brand regional to the neighbouring Southeast Asian cities like Kuala Lumpur, Jakarta and Bangkok."

Fight Zone opened its first outlet in Suntec City in 2017 and have added two more outlets at Velocity at Novena and AMK Hub at Ang Mo Kio since then. The newly opened Fight Zone Performance Centre with its muaythai focus will also help develop the popularity of muaythai as a sport, while it also offers personal training for members.

Added Mr Su YunPeng, owner of the first franchised outlet, "It is an honour for us to own the first franchised outlet of a fast-growing brand like Fight Zone. Fitness is an important aspect of maintaining one's mental wellbeing. With executives headed back to work following a few years of living with a pandemic, it is our hope that we can provide them with an opportunity to maintain their fitness or transform their lives through personal training."

Members of the public can sign up as members of the all-new Fight Zone Performance Centre or at any of their other outlets here ( https://www.fightzonesg.com/book-a-trial/ ). Potential business owners looking to start their own Fight Zone franchise outlets can connect with the team here ( https://www.fightzonesg.com/contact/ ).

About Fight Zone

Fight Zone was first conceptualised in 2017 and began with its first fitness outlet in Suntec City. The brainchild of CEO and Founder Sasidharan Unnithan, it was conceptualised with the objective of giving working professionals and fitness buffs an innovative way of keeping fit without taking much too mu h of their daily time. Fight Zone uses various techniques and fitness forms to keep enthusiasts and members engaged throughout their workout.https://www.fightzonesg.com/

Media Contact:
hello@swstrategies.org

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com