Axiata Digital Labs (ADL) to collaborate with AWS to drive Telco Industry TechCo Evolution

COLOMBO, LK, Mar 2, 2023 – (ACN Newswire) – Axiata Digital Labs (ADL) has announced a collaboration with Amazon Web Services (AWS) to provide its cutting-edge Digital Telco services to AWS customers. The collaboration will benefit the telco industry by providing a seamless and enhanced experience with ADL's innovative Axonect Product Suite running on AWS.


Back row (L-R): Vikram Rao, Head of Enterprise, ASEAN, AWS; Jayanth Nagarajn, Head, Telecommunications Industry, Asia Pacific & Japan, AWS; Haris Izmee, Managing Director, ASEAN Growth Markets, AWS – Front row (L-R): Namal Jayathilake, Chief Technology Officer, Axiata Digital Labs; Thushera Kawdawatta, Chief Executive Officer, Axiata Digital Labs


ADL will provide customers with its suite of systems and tools, such as its Digital Business Support System (BSS), 5G and cloud optimized business-to-business (B2B) and business-to-consumer (B2C) platforms, and multi-domain orchestrators on AWS. By collaborating with AWS, ADL's customers will have access to AWS's global infrastructure and breadth and depth of cloud capabilities.

Communication Service Providers (CSPs) will also be better supported as they embark on the transformational journey along the Telco to TechCo continuum, moving beyond traditional connectivity to platform-based products and services as part of an ecosystem, thereby reaping benefits such as improved performance, competitive advantage in big data, and new revenue streams. As a result, telcos can reduce costs and resources, and provide customers with an enhanced digital experience and improved time to market for their end customers.

This collaboration marks an important milestone for ADL as it continues to innovate in the Digital Telco space and pioneer new technologies that will pave the way for telcos to become more agile, innovative, efficient, and profitable. As member of the AWS Partner Network, as well as the AWS Select Tier and AWS Solution Provider programs, ADL will continue to invest in new technologies to help telcos drive their transformation objectives.

As part of this collaboration, ADL's product suite passed the AWS Foundational Technical Review This certification, involving rigorous testing and evaluation, demonstrates that Axiata Digital Labs' innovative middleware platforms and products can seamlessly integrate with and be deployed on AWS, and conforms with AWS's cloud-native best practices and frameworks. Customers can now confidently use Axonect products to build and deploy their applications using AWS services, including Amazon Elastic Compute Cloud (Amazon EC2), which provides secure, resizable compute in the cloud; Amazon Elastic Kubernetes Service (Amazon EKS), a managed service and certified Kubernetes conformant to run Kubernetes on AWS and on- premises; Amazon Relational Database Service (Amazon RDS), a distributed relational database service; and native security services, making them fully optimized for the cloud environment.

"We are thrilled to collaborate with AWS and help our customers bring a digital telco experience like never before to consumers," said Thushera Kawdawatta, CEO of Axiata Digital Labs. "This further solidifies our commitment to providing our customers with the best and most advanced technology solutions available on the market today. Our collaboration with AWS will enable us to leverage their expertise and technology to provide customers with the services they need to meet their changing needs and expectations."

Axiata Digital Labs launched the Axonect Product Suite as a robust, full-stack product suite that supports rapid service delivery, improves agility, accelerates partnerships, and transforms the enterprise landscape. With the added compatibility of AWS, customers will experience improved global reach, performance, scalability, and reliability.

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 telecommunications, digital and financial services. For more information visit https://axiatadigitallabs.com.


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

17th Edition of Digital Transformation Summit: Qatar

QATAR, UAE, Mar 1, 2023 – (ACN Newswire) – Exito Media Concepts is organizing a tech summit which is aligned with the Qatar's National Vision 2030 that is driving significant advancements in the country.

The 17th Edition of Digital Transformation Summit Qatar is taking place on 16th of March 2023 at The Westin Doha Hotel & Spa. The summit will bring together senior government representatives, thought leaders, and leading industry experts to share their knowledge and experience on the latest technologies and trends shaping industries in the region.

At the summit, you will hear from top IT experts on emerging technologies, strategies, action plans and best practices towards building an agile digital organization. We will have panel discussions, industry keynotes and solution showcases that will enable IT leaders to chart out the optimal strategic path. The Summit is taking place with the support of The London Institute of Banking & Finance (LIBF).

The event will focus on topics like 5G, Cloud Technology, IoT, Cyber Security, Smart Cities, Intelligent Automation and others helping in transforming organizations into digital businesses.

Experts joining the conference are:

– Kareem Refaay, Managing Director, The London Institute Of Banking & Finance MENA
– John Mankarios, Vice President – IT, QInvest LLC
– Dr Mohamed Elhindi, CIO, Hamad Bin Khalifa University (HBKU)
– Amr Metwally, Assistant Executive Director, ITQAN, Clinical Simulation And Innovation Centre, Hamad Medical Corporation
– Alexey Sidorov, Data Management Director & Chief, Evangelist Middle East'S, Denodo
– Santiago Banales, Managing Director – Iberdrola Innovation Middle East
– Imran Chowdhury, Global Head Of Data Protection & Governance, Al Jazeera Media Network
– Hamid Menouar,Senior R&D Expect And Product Manager, Qatar Mobility Innovations Center (QMIC)
– Najmul Haque, Head of PMO, Public Works Authority 'Ashghal'
– Hamdan Merchant, Sr Director Innovation, IT & Operational Excellence, GWC
– Faizal Babu Kavungal, Head Of Enterprise Risk Management & Governance, Gulf Drilling International Ltd (Q.S.C.)

"Organizational digital transformation is a key driver of economic growth and diversification that is in line with Qatar's 2030 National Vision. Now in its 17th Edition, the Digital Transformation Series is coming to Qatar and is the ideal summit that will enable the public and private sectors to embrace technologies that will foster change and unlock operational efficiencies," said Rishikesh Shetty, CEO, of Exito Media Concepts, the organizer of the event.

The summit is expected to attract 150+ attendees from across the region, making it a must-attend event for everyone in the industry.

For more information and to register for the event, Visit: http://www.digitaltransformationsummit/qatar

About Exito

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

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

SCIKIQ Accelerates SCIKIQ-Control, a Data Management Solution to Streamline Data Governance and Compliance

Monroe NJ, Mar 1, 2023 – (ACN Newswire) – SCIKIQ, a leading provider of data management solutions, accelerates SCIKIQ-Control, aimed at helping businesses streamline Data Governance and Compliance. Recognized by Forrester in its Augmented Business Intelligence Report 2023, SCIKIQ complements data privacy and simplifies data access and management for businesses of all sizes.


Gaurav Shinh, Founder & CEO of SCIKIQ


"SCIKIQ-Control is designed to help organizations contextualize their data better while ensuring compliance with regulatory requirements," said Gaurav Shinh, Founder and CEO of SCIKIQ.

SCIKIQ-Control addresses critical gaps of current deployment, including:

– Data Quality: With built-in AI/ML models, the solution performs advanced functions like auto-recommendation such that enterprises' can leverage its data assets to maximize benefit.

– Data Governance and Compliance: The solution provides automated data management workflows and controls to meet regulatory requirements, including GDPR and HIPAA.

– Comprehensive solution includes Data Catalog, Data Lineage, Active Metadata and Observability: The solution empowers the enterprise to implement end-to-end data stewardship and helps rebuild trust in consumption data for increasing adoption of data analytics in enterprise, which currently languishes at less than 40%.

Siddhartha Mishra, CRO of SCIKIQ, said, "SCIKIQ-Control is a user-friendly and scalable solution designed to enhance visibility and re-instate trust in enterprise data assets for frictionless collaboration to spark data democratization at scale."

SCIKIQ-Control launch comes at a crucial time as business grapple with challenges of managing large amounts of varied data while staying compliant with ever-changing regulations and market dynamics. According to a recent study by Gartner, Data management in general and Data Quality in particular are top concerns for CIOs, who must ensure their organizations can effectively manage, protect, and leverage data.

SCIKIQ is committed to helping businesses overcome these challenges with SCIKIQ-Control. The solution is available now and can be customized to fit the unique needs of any organization.

About SCIKIQ

SCIKIQ is a leading provider of data management solutions. The company's mission is to simplify data management and contextualize data for business decisions. It leverages automation & AI capabilities for faster implementation and cost savings and eliminates the need for multiple data vendors – all at a fraction of the cost and time of traditional solutions. SCIKIQ's platform is built to be flexible and scalable, allowing it to be tailored to the unique needs of each business. https://scikiq.com/

For more information, please contact:
Gaurav Shinh
Gaurav@SCIKIQ.com
Phone: +1(862) 414 0862

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

ZeroBounce Releases The Email List Decay Report for 2023

SANTA BARBARA, CA, Feb 28, 2023 – (ACN Newswire) – ZeroBounce announces the release of The Email List Decay Report for 2023, unveiling the latest statistics about the lifecycle of email databases. In the report, ZeroBounce shares data trends it gathered after validating more than six billion email addresses.


The ZeroBounce Email List Decay Report for 2023 –
ZeroBounce announces the release of The Email List Decay Report for 2023.


The findings are eye-opening for email marketers and companies relying on email for vital communications. At least 22.71% of the average email list degrades annually, the ZeroBounce report shows. At 20.19%, invalid email addresses made up most of the obsolete data processed by the email validation and deliverability company. Also prevalent were catch-all, disposable, abuse, spam trap, and toxic email addresses. In total, only 57.21% of all the emails ZeroBounce verified were valid and safe to use.

"Any database can acquire poor-quality email addresses which cause email deliverability to plummet," says ZeroBounce founder and CEO Liviu Tanase. "Reaching the inbox is getting increasingly difficult, and using a healthy email database is a must. This report paints a clear picture of how fast email data degrades. The good news is that email marketers can stay on top of their email list health so they can be in the inbox and increase revenue."

The Email List Decay Report for 2023 also reveals how likely users are to misspell their email addresses when filling out a sign-up or registration form. In just one year, ZeroBounce detected more than 10 million typos via its real-time email verification API. The software thus prevents potential bounces and continues to ensure companies build more reliable lead acquisition programs.

"Letting go of obsolete data makes an email list more responsive and more likely to convert. While so many companies focus on quantity, those who pay attention to data quality will see a boost in email ROI," says ZeroBounce Chief Operating Officer Brian Minick.

To create the report, ZeroBounce analyzed the data it processed between January and December 2022. The benchmarks apply to companies of all sizes, across various industries, as ZeroBounce's customers range from solo business owners to Fortune 500 companies.

Read the complete Email List Decay Report for 2023 at https://www.zerobounce.net/email-list-decay.html.

Recently, ZeroBounce relaunched its platform, now offering 99% accurate email validation, increased security, and a more modern and intuitive user experience.

About ZeroBounce

ZeroBounce is an email verification and deliverability platform helping 200,000+ customers land more emails in the inbox. The service removes email typos, nonexistent and abuse email accounts, spam traps, and other risky email addresses. ZeroBounce's email deliverability toolkit further supports inbox placement. The company has recently attained the SOC 2 Type 2 and ISO 27001 certifications. ZeroBounce has validated more than 18 billion emails. Some of the companies it serves are Amazon, Disney, and Netflix. In 2022, ZeroBounce founded Email Day (April 23), now an international holiday honoring email inventor Ray Tomlinson. For more information, visit https://www.zerobounce.net/.

Contact Information:
Corina Leslie
PR Manager
support@zerobounce.net
+1-888-500-9521

SOURCE: ZeroBounce

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:

  1. 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
  2. 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
  3. 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.



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

Logory Logistics Technology (02482.HK) Announces its Global Offering

HONG KONG, Feb 27, 2023 – (ACN Newswire) – The operator of one of the largest digital freight platforms in China – Logory Logistics Technology Co., Ltd. ("Logory" or the "Company"; 02482.HK), announces details of its Global Offering and listing of H Shares on the Main Board of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange").

Highlights of the Global Offering:
— Number of Offer Shares under the Global Offering: 43,211,000 H Shares (subject to the Over-allotment Option);
— Number of Hong Kong Offer Shares: 4,322,000 H Shares (subject to adjustment);
— Number of International Offer Shares: 38,889,000 H Shares (subject to adjustment and the Over-allotment Option);
— Offer Price Range: HK$2.9 to HK$3.5 per H Share;
— The Hong Kong Public Offering is expected to close at 12:00 noon (at 11:30 a.m. for completing electronic applications under the White Form eIPO service) on Thursday, 2 March 2023;
— Dealings in the H Shares on the Main Board of the Hong Kong Stock Exchange are expected to commence on Thursday, 9 March 2023;
— Haitong International Capital Limited is the Sole Sponsor.

In 2002, the predecessor of Logory was established in Beijing. The Company has successfully built a digitalized ecosystem for road freight transportation in China. According to China Insights Industry Consultancy Limited ("CIC"), the Company operates one of the largest digital freight platforms in China in terms of Online GTV during the three years ended 31 December 2019, 2020 and 2021 and the nine months ended 30 September 2022. The Company provides digital freight services and solutions to shippers, such as logistics companies and cargo owners, as well as truckers. In recent years, the Company's business scale has recorded a general trend of growth. From 2019 to 2021, the Online GTV of shipping orders completed on the Company's digital freight platform was RMB23.4 billion, RMB27.9 billion and RMB38.0 billion respectively. The Company had served over 11,600 shippers and 2.7 million truckers who had completed an aggregate of over 36.2 million shipping orders on the Company's digital freight platform as of 30 September 2022.

In addition, the Company also operates Trucker Community, an "online + offline" community for truckers, and Truck Plus, a comprehensive portfolio of truck sales and aftermarket solutions. According to CIC, Trucker Community is the largest community for truckers in China and the largest community in the logistics industry in China, in terms of the number of registered users as of 31 December 2021. Trucker Community and Truck Plus business provide strategic value complement to the Company's digital freight business and generate strong synergies.

Logory plans to offer an aggregate of 43,211,000 H Shares (subject to the Over-allotment Option), of which 4,322,000 H Shares (subject to adjustment) will be offered in the Hong Kong Public Offering, and 38,889,000 H Shares (subject to adjustment and the Over-allotment Option) will be offered by way of International Offering. The Offer Price will not be more than HK$3.5 per H Share and is currently expected to be not less than HK$2.9 per H Share.

The Hong Kong Public Offering commenced on Monday, 27 February 2023 and is expected to close at 12:00 noon (at 11:30 a.m. for completing electronic applications under the White Form eIPO service) on Thursday, 2 March 2023. Dealings in the H Shares on the Main Board of the Hong Kong Stock Exchange are expected to commence on Thursday, 9 March 2023. The H Shares will be traded in board lots of 1,000 H Shares each.

Assuming an Offer Price of HK$3.2 per H Share (the mid-point of the indicative Offer Price range) and assuming no exercise of the Over-allotment Option, the Company estimates that it will receive net proceeds from the Global Offering of approximately HK$75.9 million after deducting underwriting commissions, fees and estimated expenses payable in connection with the Global Offering. The Company currently intends to use these net proceeds from the Global Offering to 1) further upgrade and enhance its digital freight business, with a goal to address more in-depth demands from customers under more diversified business scenarios and to relentlessly improve the user experience for digital freight business; 2) further expand Trucker Community and Truck Plus solutions; 3) enhance research and development efforts and to strengthen technological capabilities; 4) recruit additional sales, marketing and operational personnel so that its reserve of talents is commensurate with the growth of business; 5) use as working capital and other general corporate purposes.

Cornerstone investors of the Company, Hefei Gaoxin Development & Investment Group Co., Ltd. and XINGTAI HOLDING COMPANY (HONG KONG) LIMITED have agreed to subscribe for such number of Offer Shares, which may be purchased with an aggregate amount of approximately HK$68.16 million.

Haitong International Capital Limited is the Sole Sponsor. Haitong International Securities Company Limited is the Overall Coordinator, Sole Global Coordinator, Joint Bookrunner and Joint Lead Manager. CLSA Limited is the Joint Bookrunner and Joint Lead Manager. Valuable Capital Limited, SDHG International Securities Limited and Sinomax Securities Limited are the Joint Lead Managers.

About Logory

In 2002, the predecessor of Logory was established in Beijing. The Company has successfully built a digitalized ecosystem for road freight transportation in China. According to China Insights Industry Consultancy Limited, the Company operates one of the largest digital freight platforms in China in terms of Online GTV during the three years ended 31 December 2019, 2020 and 2021 and the nine months ended 30 September 2022. The Company provides digital freight services and solutions to shippers, such as logistics companies and cargo owners, as well as truckers. In recent years, the Company's business scale has recorded a general trend of growth. From 2019 to 2021, the Online GTV of shipping orders completed on the Company's digital freight platform was RMB23.4 billion, RMB27.9 billion and RMB38.0 billion respectively. The Company had served over 11,600 shippers and 2.7 million truckers who had completed an aggregate of over 36.2 million shipping orders on the Company's digital freight platform as of 30 September 2022. In addition, the Company also operate Trucker Community, an "online + offline" community for truckers, and Truck Plus, a comprehensive portfolio of truck sales and aftermarket solutions. The Company seeks to benefit and empower the participants in the ecosystem of road freight transportation industry, to enhance transparency and synergy in such collaboration through its digitalized services, and to help such participants establish more balanced and reciprocal relationships through repeated transactions, so as to contribute to the standardization and sustainable development of China's road freight transportation industry.


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

Trintech’s Cadency V10.3 for SAP ERP Achieves SAP(R) Certified Integration with SAP NetWeaver(R)

DALLAS, TX, Feb 24, 2023 – (ACN Newswire) – Trintech, a leading global provider of cloud-based financial close solutions, today announced that its Cadency V10.3 for SAP ERP solution has achieved SAP-certified integration with the SAP NetWeaver(R) technology platform. Bi-directional in nature, Cadency reduces the cost, time, and risk of data integration with SAP, by automatically retrieving the data required for the reconciliation and close processes, as well as directly validating and posting journal entries in real-time.

"We are thrilled to announce the renewed certification of our Cadency V10.3 for SAP ERP as integrated with SAP NetWeaver," said Michael Ross, Chief Product and Technology Officer at Trintech. "This integration brings enhanced control, automation and data integrity to finance and accounting departments around the world, while also helping to ensure that data flowing to and from their SAP solutions is as seamless as possible."

The SAP Integration and Certification Center (SAP ICC) has certified that the integration software for the product Trintech's Cadency V10.3 for SAP ERP solution integrates with SAP NetWeaver, bringing elevated visibility and control to hundreds of finance and accounting departments around the world. Furthermore, it eliminates the need to develop custom code, making the integration between SAP and Cadency less expensive, quicker, and more efficient. This capability also reduces the dependency on internal IT maintenance services, as the certification helps ensure that all appropriate data is integrated into Cadency.

Trintech has hundreds of customers, such as HP, Boston Scientific, and Serco, running SAP solutions alongside its enterprise platform, Cadency. For example, Serco is running 5,000 balance sheet reconciliations through Cadency on a monthly basis. In addition, it is auto-reconciling 15,000 accounts, saving it 500 hours per month. To gain even further efficiencies, Serco also utilizes Trintech's SAP connector.

"This connector automatically interfaces data flows from our SAP instance into Cadency so our team can begin analyzing it within minutes. Having the direct interface from SAP also gives confidence in the data matching between the two systems," said Paul Adams, Head of New Business and R2R at Serco. From a reporting perspective, Serco's leadership team also now has full visibility into a reporting dashboard that allows them to drill-down into any account and identify risk on the balance sheet.

To learn more on how Trintech can help maximize your investment and close faster each month, please contact us here. https://www.trintech.com/book-a-demo/

About Trintech

Trintech Inc., a pioneer of financial corporate performance management software, combines technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Trintech's excellence in both innovation and client support have been recognized with a variety of awards over the years including most recently "Easiest to Do Business With" and "Fastest Implementation" in G2's Fall 2022 Report. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

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

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

Media Contact:
Kelli Shoevlin
Sr. Manager, Global Corporate Marketing & Communications
kelli.shoevlin@trintech.com

SOURCE: Trintech, Inc.

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

Trintech Announces New Chief Revenue Officer

DALLAS, TX, Feb 22, 2023 – (ACN Newswire) – Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, today announced the appointment of Piotr Marczewski as Chief Revenue Officer (CRO) of Trintech. Marczewski will be responsible for driving integration and alignment between revenue-related functions across all global distribution channels for Trintech.

"I am thrilled to welcome Piotr as Trintech's new CRO who has a proven track record of scaling and overseeing successful sales organizations and ensuring a best-in-class customer experience," said Darren Heffernan, President & Chief Operating Officer of Trintech. "As we continue to grow the business and drive our core strategy of helping organizations of all sizes simplify and transform their reconciliation and financial close processes, Piotr will have an integral part in leading our ongoing success."

Marczewski brings over two decades of experience in driving customer impact, transformation, and revenue acceleration in Software as a Service (SaaS), Information and News businesses, serving professional markets in the US and internationally. Prior to joining Trintech, Marczewski served as SVP Americas at Cision Inc, and as Chief Operating Officer at Underline Science Inc. Before that, he worked at Thomson Reuters in various senior roles, including President Corporates Customer Market. Piotr worked closely with customers, delivering commercial outcomes, developing new markets, and expanding company's customer bases, content, and platforms. Marczewski received a Master of Science Degree in International Economics from SGH Warsaw School of Economics. He also studied at Bocconi University in Milan (Italy) and holds a Community of European Management Schools (CEMS) Master's Degree in International Management.

"I am excited to be joining the team as Trintech's new CRO and I'm looking forward to accelerating our global growth and customer success," said Piotr Marczewski, Chief Revenue Officer of Trintech. "Trintech's solutions, and its collaborative, customer-centric approach, sets it apart from others in this space who employ a "one-size-fits-all" strategy to tackle the complex challenges of financial close automation. This is evident by the marquee brands (majority of the Fortune 100 companies) who have already partnered with Trintech to transform their processes. As Trintech embarks on its next phase of growth, I am excited to help Trintech further its reputation as a trusted partner for the Office of Finance globally."

About Trintech

Trintech, a leading global provider of cloud-based, integrated reconciliation and financial close solutions for Finance & Accounting departments. From high volume transaction matching, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, close management tasks, to governance, risk and compliance – Trintech's portfolio of financial solutions, including its Cadency(R) Platform (for large enterprises) and Adra(R) Suite (for mid-market organizations), help manage all aspects of the reconciliation and financial close processes. Trintech's excellence in both innovation and client support have been recognized with a variety of awards over the years including most recently "Easiest to Do Business With" and "Fastest Implementation" in G2's Fall 2022 Report. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on Trintech's solutions to enable their F&A operation to become a strategic partner to the business by controlling risk, driving efficiencies, and providing strategic insights.

Headquartered in Plano, 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, Twitter and Instagram.

Media Contact:
Kelli Shoevlin
Sr. Manager, Global Corporate Marketing & Communications
kelli.shoevlin@trintech.com

SOURCE: Trintech, Inc.

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