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

DALLAS, TX / ACCESSWIRE, Jul 14, 2021 – (ACN Newswire) – Trintech, a leading global provider of integrated Record to Report software solutions for the Office of Finance, today announced a new automated multi-way transaction matching feature in its Adra Suite to help mid-market organizations save time and reduce risk in the transaction matching process. With this new automated multi-way matching feature, customers can set up match scenarios and deploy intelligent rules to automatically review one-to-one, one-to-many, many-to-one, and many-to-many matches.

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

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

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

Just some of the benefits finance & accounting departments will gain include:

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

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

About Trintech

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

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

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

SOURCE: Trintech, Inc.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Shrinath Bolloju, Managing Director, CitiBank, India Joins KGiSL

India/Singapore, July 14, 2021: KG Information Systems Private Limited (KGiSL), a global IT Products, Solutions, and Services provider, today announced the appointment of three banking leaders with impeccable leadership and track record, to support its growth and strategic vision. These senior finance professionals, with considerable expertise and a wealth of global banking experience, will significantly help in driving this critical phase of KGiSL’s growth strategy of reaching INR 1000 crore turnover in the next three years.

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

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

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

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

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

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

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

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

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

About KGiSL: www.KGISL.com/gss

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

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

For further information, please contact:

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

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

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

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

Singapore, Jul 12, 2021 – (ACN Newswire) – The back-breaking year of the Covid-19 pandemic had just left economies to endure, markets crashed and some of the burgeoning industries wiped out entirely. But for the IT and digital transformation industry, Covid-19 was a blessing in disguise, a banner year. Particularly because Big Data & Data Analytics had an upward pre-Covid growth already.

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

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

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

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

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

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

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

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

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

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

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

About World Big Data & Analytics Show

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

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

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

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

SINGAPORE, Jul 8, 2021 – (ACN Newswire) – VFS Global, Affinidi's Unifier and Accredify have announced a strategic partnership to provide an end-to-end digital solution for COVID-19 (RT-PCR) testing for Singapore bound travellers from Indonesia. With the gradual easing of restrictions by countries while ensuring the safeguarding of public health and traveller safety, a smart and reliable COVID-19 testing and verification solution is now a prerequisite for restarting international travel. The partnership will provide a convenient solution for all travellers who are required to undergo pre-departure testing – a mandatory requirement for travellers entering Singapore from countries classified as high risk.

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

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

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

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

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

About VFS Global

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

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

About Affinidi

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

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

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

About Accredify

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

For more information, follow Accredify on LinkedIn @Accredify

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Nominations Open for W.Media Cloud & Datacenter Awards 2021

Singapore, Jul 7, 2021 – (ACN Newswire) – The 2021 W.Media Cloud & Datacenter Awards season is officially underway. Now is your chance to come together as an industry to celebrate the outstanding technological achievements of teams and individuals across the region.

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

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

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

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

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

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

About W.Media

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

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

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

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

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

INDIA, Jul 5, 2021 – (ACN Newswire) – The 9th edition of Big BFSI Future Tech Show with a special focus on the Indian BFSI tech ecosystem is set to take place virtually on 6 July 2021.

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

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

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

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

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

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

About Big BFSI Future Tech Show

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

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

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

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Shippit Inks Three New Deals with Leading Logistics Providers Janio, FedEx and Qxpress to Strengthen Domestic and International Capabilities

SINGAPORE, Jul 1, 2021 – (ACN Newswire) – Today, fast-growing e-Commerce fulfilment tech company Shippit announces it has signed three new delivery partner deals with integrated logistics solutions provider Janio, global logistics player FedEx, and e-Commerce logistics expert Qxpress. These deals come as part of Shippit's efforts to rapidly scale up its operations in Southeast Asia following its A$30 million Series B fundraise in December 2020.

Apart from strengthening Shippit's domestic delivery network in Singapore and Malaysia, Shippit's new partnership with Janio will allow Shippit to open up its delivery lanes with special rates in Southeast Asia, China, and the US. This enables merchants access to ship to more countries than before at lower costs. The partnership with Qxpress will help Shippit improve reliability and flexibility in domestic deliveries by offering new delivery options such as "same-day delivery" in Singapore, so parcels can reach end customers quickly.

With an estimated 40 million new users in Southeast Asia coming online because of the pandemic, e-Commerce spend has unsurprisingly surged; the industry is currently valued at US$62 billion and is expected to grow to US$172 billion by 2025. To support the increasing number of merchants moving online, Shippit has also added new integrations with some of the largest e-Commerce platforms such as WooCommerce and Magento to support a wider variety of merchants. WooCommerce and Magento join existing partner Shopify, allowing merchants a seamless integration with the Shippit platform.

Shippit has onboarded a variety of SMB and Enterprise clients in different product categories such as Seira Elves, Global Knives, Looqal, Sans & Sans, Hush Candles, Blender Bottle, Sterling Nutrition, and Boxgreen.

Mark Lancaster, Southeast Asian Business Development Lead at Shippit, said: "Shippit wants to be the platform of choice for growing, scaling and enterprise merchants across the region to support fulfilment and enable more last-mile choices. It's critical that we continue investing in carrier integrations, product enhancements that benefit our merchants to capitalise on this growth in the region. These recent carrier deals expand our network capability providing more domestic and international services to our growing merchant base."

"The growth of e-commerce in Southeast Asia has been phenomenal, and the need for robust technological and logistical infrastructure has never been higher. We are truly excited to be working with Shippit to collectively serve southeast Asia's merchants", said Senthil Kumar, Janio Group Head of Commercial.

Shippit recognises the negative environmental impact deliveries have and is committed to a future of sustainable retail. It is one of the only logistics SaaS platforms across APAC, that offsets 100% of the carbon emissions on deliveries made on Shippit's discounted rates, at no extra cost to the merchant. Shippit does this by partnering with the Carbon Neutral Group and purchasing carbon offsets to support projects that prevent and reduce greenhouse gas emissions. To date, the company has offset more than 278,000 kilometers of carbon footprint for its Singapore clients.

Shippit Co-founder and Co-Chief Executive Officer William On, said: "Southeast Asia presents a huge opportunity for Shippit; we think the region is set to become the world's largest e-Commerce market within the next five years! Since Shippit's launch in Southeast Asia in July 2020, we've seen our business grow quickly — and expect that it will continue to scale — which is why we are looking to improve our capabilities across the region and might consider expanding into other countries in the future."

Shippit was founded in Australia in 2014 with the intention of providing frictionless delivery options and enhanced customer experience. Shippit's software enables retailers to instantly ship with leading partner carriers, share seamless tracking and notifications, as well as provide dedicated delivery support.

Since the fast-growing logistic SaaS platform's expansion to Singapore less than a year ago, the company has announced partnerships with Shopify, SingPost, Ninja Van, DHL and Aramex and now powers more than 20,000 deliveries per month. Shippit serves more than 275 merchants across Southeast Asia and has a dedicated team of 7 people working across the region with a shared staff of 40 in product and customer service. Shippit is also present in Malaysia and is currently strengthening its offerings in Malaysia by partnering with local carriers and improving product capabilities.

About Shippit

Shippit is a fast-growing e-Commerce fulfilment technology company founded in Australia. Powering delivery for Asia's leading retailers like Sephora, Decathlon, UNIQLO, CottonOn, Harvey Norman, and JD Sports, Shippit's powerful shipping engine saves retailers time, money and provides better experiences for delivery recipients. By simplifying omni-channel fulfilment, enabling retailers to accept cash on delivery and removing friction from the cross-border shipping process, Shippit simplifies shipping for retailers so they can focus on growing their business. For more info, please visit: www.shippit.com/

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

MothersonSumi INfotech and Designs Ltd. (MIND) Announces the Opening of a New Office in Singapore, Expanding Global Operations

Singapore, Jul 1, 2021 – (ACN Newswire) – Mothersonsumi INfotech and Designs Ltd. (MIND) a technology and Industrial solutions division of Motherson Group, today announced the official opening of its new office in Singapore.

MIND's Singapore office will serve as the headquarters for the entire Southeast Asia region and will be an essential pillar in its geographic expansion strategy. MIND's Singapore business unit will offer a holistic gamut of IT service offerings, including digital transformation, Cloud Hosting and Migration, Next Gen IT Infrastructure, Smart Factory Automation and digital engineering services. With its Singapore base, MIND is looking to expand its best-in-class services to customers across Thailand, Vietnam, Indonesia, and Malaysia and to other countries in Far East.

"The launching of the MIND Singapore office is aligned with our commitment to drive clients' success in the region and worldwide. Given Singapore's position as the hub for economic activities in the Southeast Asia, it's a market we constantly evaluated and wanted to open an office to expand our presence in the market," said Rajesh Thakur, Chief Executive Officer, MIND.

He further added, "Today MIND is well-positioned to deliver technology-led transformations to fuel digital growth across the Southeast Asia region. MIND offers a customer-centric and consulting-led approach with an integrated portfolio of industry-leading solutions that encompass the entire enterprise value chain. Our technology-driven products and services are built on two decades of innovation, a strong culture of invention and co-innovation, and a relentless focus on the value chain."

About MothersonSumi INfotech & Designs Limited (MIND)

Founded in 2000, MothersonSumi INfotech & Designs Limited (MIND) is a joint venture between Motherson Group, India and Sumitomo Wiring Systems Ltd, Japan (SWS). We are a trusted technology partner to over 200+ clients globally across 41+ Global locations and have more than 20 years of experience in the areas of cloud, IoT, analytics, data science, smart ERP, infra managed services, and application development & maintenance services. We continue to deliver innovative and meaningful technology solutions to businesses enabling them to outpace the competition. Visit us at www.mind-infotech.com, or connect with us on LinkedIn, Twitter, or Facebook.

This announcement may contain forward-looking statements. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of MIND and are subject to significant risks and uncertainty. Readers are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and MIND undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although MIND believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve a variety of risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements.

Media Contact
Sachin Saini
Sachin.Saini@mind-infotech.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

MothersonSumi INfotech and Designs Ltd. (MIND) Announces the Opening of a New Office in Singapore, Expanding Global Operations

PallyCon unveils Robust Distributor Watermarking to Fortify Premium Content in the Distribution Phase

LOS ANGELES, CA., Jun 29, 2021 – (ACN Newswire) – PallyCon, a global leader in Multi DRM and content protection service provider, launches robust distributor watermarking to deter and combat premium content leaks in the distribution process.

Approved and audit passed, the solution protects the pre-release assets of original content owners, broadcasters, post-production houses and content aggregators by securing video content from proxy deliveries and leaks at every step during the post-production workflows.

Offering both visible and invisible watermarking options, it protects content creators, studios and content owners from potential leaks by applying distributor watermarking, enabling them to trace the point of leak back to the particular department or third party responsible for leaking the content.

Expressing his views on the launch, Mr James Ahn, Founder & CEO of INKA ENTWORKS said, "PallyCon's robust distribution watermarking is an evolution in the fight against pre-release leaks, ensuring a high degree of traceability which traditional content protection lacked. With the magnitude of the content generated, streamed and downloaded every day, the risk of proxy deliveries are prevalent. Our solution addresses the situation by inserting a secured layer of protection that pinpoints potential sources of breach and ensures the safety of premium video assets."

PallyCon's distributor watermarking for B2B streaming allocates a unique identification to each copy designated to different content aggregators and OTT platforms and matches it with the leaked video asset. The solution is resilient against various attacks like compression recording, collusion and re-encoding etc., showing a solid deterrent against leaking.

The solution supports mezzanine file formats (like ProRes and XDCAM) and interfaces easily with third-party workflow management.

The distributor watermarking service is a premium addition to the suite of PallyCon content protection, warehousing and forensic watermarking technologies designed to secure and guard apps and developers against various breaches and content piracy.

Details – https://pallycon.com/distributor-watermarking/

About PallyCon

PallyCon is a premium content protection service by INKA ENTWORKS trusted by 200+ customers globally, providing 360-degree, cloud-based end-to-end content security for OTT platforms, such as Multi DRM, Forensic Watermarking, Visible Watermarking, Distributor Watermarking, Anti-Piracy services, Anti-screen capture/Recorder, App Security with Quick and Simple integration. It is a ONE-IN-ALL solution for OTT owners.

For more information, please contact:
Parag Manikpure
+213-550-5473
obiz@inka.co.kr

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com