Capital Markets Veteran and Fintech Pioneer Kelley Millet Formally Joins Prontoblock as CFO and Member of the Board

NEW YORK, Jul 15, 2022 – (ACN Newswire) – Prontoblock, today announced the appointment of Kelley Millet as the company's Chief Financial Officer and Board Member, effective July 15, 2022. Mr. Millet brings more than 20 years' experience in driving growth, and has a proven track record building and scaling high performance teams. He has served – as Managing Director and Global Head of Debt Capital Markets with JPMorgan, President and Member of the Board of Directors of Market Axess, and President of Millennium Advisors.

Mr. Millet's extensive experience in capital markets and the fintech sector will accelerate Prontoblock's traction as a bridge to DeFi serving banks and other financial institutions across the tokenization of fixed income assets, commodities and collateral. He was a leader in the first wave of innovation in the electronic trading of fixed income instruments, taking them from telephone to electronic and straight through processing. With the current repricing and disruption in the equity, fixed income and cryptocurrency markets, Mr. Millet sees an even larger opportunity in migrating these markets – especially the $52 trillion fixed income market – to a Web3 infrastructure.

Mr. Millet's experience will ensure that Prontoblock solutions accurately address, digitize and make more efficient existing trading activity in fixed income markets. Prontoblock solutions effectively address the inefficiencies that persist when issuing and trading those securities.

Prontoblock's vision is to serve both the institutional and retail sectors participating in financial markets. In addition to his experience overseeing internal financial functions, Mr. Millet brings experience across both the executive and board levels to the role.

Currently, enabled by Web3 infrastructure, the fixed income assets tokenized by Prontoblock's platform facilitate greater market access by means of increased efficiency via the blockchain and fractionalized ownership – in the process increasing liquidity and decreasing the cost of capital. The ticket size of such transactions and the associated costs in brokering them make them unavailable to many potential investors. If tokenized as digital assets, either as utility tokens or NFTs, the fixed income market could be opened up to many more investors, and in the process deepening liquidity.

About Prontoblock

Prontoblock provides innovative solutions to financial intermediaries, and ultimately everyday people. Our products open up both traditional and digital asset markets and streamline investment instrument operations using DeFi protocols. The Prontoblock platform tokenizes, hosts and maintains securities issued by clients. It powers a smart-contract solution that fully automates due diligence, establishes reliable records of current stakeholders and compliance, and significantly improves efficiency by reducing administrative friction.

Media Contact:
Alex Gault
alex@prontoblock.com
415-830-6739

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Quantum Generation and Plato collaborate to deploy a Fully decentralized Space base quantum Network by 2027

Raleigh, NC, Jul 15, 2022 – (ACN Newswire) – Quantum Generations Qubit Blockchain The first testing node was launched to low Earth orbit in 2018 on SpaceX and was the first generation of Blockchain to engage in the space race and quantum space revolution. Schedule to deploy the Plato Blockchain nodes in the 1st quarter of 2023.

The partnership between the space industry and Blockchain is mutually beneficial. Conducting transactions via satellites will provide an even higher level of security and decentralization to distributed ledger technologies like Plato and Qubit Blockchain. Consequently, the quantum infrastructure is protected against any physical intrusion.

Plato's robust WEB3 platform and data execution, coupled with Quantum Generations' quantum communications, data storage technology, and space-based Quantum Internet, will transform the digital economy and open up the last mile.

Additionally, the collaboration will present a chance to advance space technology. We have opened up an exclusive membership program for the QG Community. Every new member will receive a Web3 address from the Plato's platform and be placed on the priority list for the QPhone and other products and services. "We are thrilled to be a part of such significant industry advancements. Furthermore, we are pleased to collaborate with a distinctive partner in Plato, which will now be the Fourth Blockchain to participate in this space race," said Larry Castro, CEO of Quantum Generation.

The partnership represents a huge step toward the quantum space revolution and a new frontier.

About Quantum Generation

Quantum Generation is developing 24/7 access with new sovereignty worldwide under a decentralized, incentivized, secure, and private platform. Space-Based Quantum Ecosystem QUBIT Blockchain Satellites and Quantum Generation Quantum Mesh Network. Creating the QG (Quantum Generation) Space-Based Social Community. QGWave (Quantum Frequency), transforming our global infrastructure in quantum communications, space-based banking, exchange, data storage, Decentralized social platforms, and more with QSAT quantum secure satellite constellation.

Video: https://youtu.be/Wskld60-dc0
Web: https://quantumgeneration.io

About Plato

Plato is an open intelligence repository and platform that curate's the latest data intelligence across the innovation economy. The platform is designed to provide a safe and secure environment to consume sector-specific real-time data intelligence while delivering fully secure Web3 connectivity. Plato covers 27 Market Verticals across 27 languages. Plato's mission is to drive the shift to Web3 by organizing the technology sector via real-time research access across multiple data sets including an organized taxonomy consisting decentralized directories; news and intelligence, regulatory information, company fundamentals, pricing and liquidity, data analytics, OnChain data, people directory, dApp directory and GitHub contributions to the registry. Plato was designed to seamlessly connect users with thousands of Defi specific applications

Web: https://platodata.ai
Video: https://vimeo.com/557585798

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Quantum Generation and Plato collaborate to deploy a Fully decentralized Space base quantum Network by 2027

ING spins out Pyctor digital assets technology to GMEX Group

London and Amsterdam, Jul 12, 2022 – (ACN Newswire) – ING announced today that it has spun out Pyctor to GMEX Group ("GMEX"), a leader in digital business and technology solutions for exchanges and post-trade market infrastructure.

Pyctor's digital post-trade market infrastructure technology is designed for firms operating in regulated environments. It provides highly secure digital custody and transactional network services for a broad range of digital assets, as well as delivering interoperability between permissioned and public blockchains. Pyctor was incubated in ING Neo's Amsterdam innovation lab, in collaboration with major financial institutions and regulators.

Pyctor is now a service offering within GMEX. Hirander Misra is appointed Chairman of Pyctor with other senior appointments to be announced in due course. ING will continue its relationship with Pyctor and collaborate through ING's digital assets team.

Olivier Guillaumond, Global head of innovation Labs & Fintechs, ING commented: "After spinning out Stemly last year from ING Labs Singapore, Pyctor has been another innovation success story at ING Neo. ING Labs incubated Pyctor leveraging ING's DLT expertise, deep digital assets knowledge and continuous feedbacks from regulators and network participants. We now have found the right partner in GMEX to scale Pyctor to the next stage. It brings the ideal connectivity between multiple trading parties and digital assets custodians, while addressing interoperability issues experienced in the market."

Hirander Misra, CEO of GMEX Group said: "Pyctor's decentralized network of institutional participants and Multi-Party Computation (MPC) proprietary custody technology offering compliments and strengthens the breadth of GMEX's MultiHub 'global network of networks' as part of our strategic ethos of stimulating growth in the digital assets market". He added: "With this acquisition, GMEX Group consolidates its position as the first platform to offer an end-to-end multi-asset, multi-sector Hybrid Finance (HyFi) solution that bridges the gap between off-chain Traditional Finance (TradFi) and on-chain Decentralized Finance (DeFi) across jurisdictions."

Combining the Pyctor digital assets post-trade market infrastructure for global custodians, institutional issuers and other capital market actors with GMEX's MultiHub will empower financial markets participants to securely issue, access, manage, store and transact digital assets in a regulatory compliant manner alongside their traditional assets.

About ING

ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ING Bank's more than 57,000 employees offer retail and wholesale banking services to customers in over 40 countries.

ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

Sustainability forms an integral part of ING's strategy, evidenced by ING's leading position in sector benchmarks.

ING's ESG rating by MSCI was upgraded to 'AA' in December 2020. ING Group shares are included in major sustainability and Environmental, Social and Governance (ESG) index products of leading providers STOXX, Morningstar and FTSE Russell. In January 2021, ING received an ESG evaluation score of 83 ('strong') from S&P Global Ratings.

For further information on ING, please visit www.ing.com. Frequent news updates can be found in the Newsroom or via the @ING_news Twitter feed.

About GMEX Group

GMEX is a global market infrastructure vendor providing multi-asset trading, exchange matching engine and post-trade business solutions, and Ecosystem-as-a-Service (EsaaS) technology.

These include, the GMEX MultiHub, which is a cloud based trading and post trade digital market infrastructure platform that as a 'multi-asset network of networks' facilitates a first of its kind collaboration across major institutions, regulatory regimes and start-ups with the goal of bringing digital assets to a wider audience.

For more information visit www.gmex-group.com or Twitter @GMEX_Group

About Pyctor

Pyctor is an institutional-grade custody solution for the digital asset ecosystem.
It provides safekeeping and transaction services for any digital assets, by utilising its patent-pending multi-signatory and multi-party approval protocol.

The solution implements a decentralized operating model that leverages upon hardware technologies like Hardware Security Module (HSM), as well as proprietary Multi-Party Computation (MPC) software. The benefits of this approach are increased security, resilience, 24/7 availability and risk mitigation.

Pyctor's Travel Rule Module (Pyxis), offers FATF Rule 16 compliance and is compatible with the Travel Rule Protocol (TRP). It enables regulated DeFi and digital assets AML compliance.

For more information visit https://www.pyctor.com/

Media Contacts

GMEX Group & Pyctor
Helen Disney
The Realization Group
Tel: +44 (0)7792 376 546
Helen.disney@therealizationgroup.com
pr@gmex-group.com

ING Group
Marc Smulders
Tel: +31 (0)20 5762847
marc.smulders@ing.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

TrueFi powers WOO X’s institutional services through decentralized loans to verified clients

SAN FRANCISCO, CA, Jul 12, 2022 – (ACN Newswire) – TrustToken, the core team responsible for building the leading unsecured lending protocol TrueFi unveils its collaboration with WOO X, a zero-fee digital asset trading platform incubated by Kronos Research, the leading digital asset quant company and market maker. WOO X will use TrueFi to support its institutional services by issuing loans to its clients through the protocol.

The amount of value locked into the smart contracts powering decentralized finance (DeFi) services soared in 2021, and despite some fluctuations in the first months of 2021, the ecosystem is still very much in the green year-on-year. While lending has emerged as one of the most lucrative DeFi applications for both retail and institutional clients, decentralized lending protocols still largely have to rely on over-collateralization to avoid risks, which makes the service capital-inefficient. With its total of more than $1 billion loans originated in 2021, TrueFi ups the DeFi lending game by enabling loans to verified institutional borrowers through its lending protocol.

WOO X will rely on TrueFi as the lending protocol of choice for uncollateralized loans to its institutional clients in its native WOO token, making it TrueFi's first non-stablecoin portfolio. WOO DAO, a decentralized autonomous organization working to foster the growth of the WOO Network, will provide the tokens for the loans, with all yields returning to the WOO DAO. The financial institutions trading on the WOO X platform have been verified through KYC measures, and the loan principal will only be released into their WOO X wallets. Due to TrueFi's protocol technology, this type of transparency will show WOO token holders where DAO funds are moving.

The uncollateralized lending program follows an update of WOO X's staking program, which now allows institutional clients to stake 600,000 WOO tokens to trade without fees through the platform's API. The update has prompted demand for WOO loans among financial institutions looking to gain access to the service fast and with reduced risk exposure.

"Uncollateralized on-chain lending is the most capital-efficient credit a financial institution can get," says Rafael Cosman, CEO of TrustToken. "Our first non-stablecoin portfolios are further testimony for how versatile TrueFi lending can be, supporting any digital assets at all–Bitcoin, Ether, and other top coins are also very much a possibility. We are excited to be reimagining loans for the 21st century as we work to push TrueFi's total originated loans to $10 billion."

"The institutional interest for crypto is soaring, and readily-available capital is one of the key conditions for big players to delve deeper into the space, especially in the current climate," says Ran Yi, Chief of Ecosystem at WOO Network. "We are thrilled to be partnering with TrueFi to grant institutions fast and efficient credit through DeFi's first uncollateralized lending protocol. By giving traders more flexibility, we enable more usage of the network, which ultimately benefits the entire ecosystem."

About TrustToken

TrustToken is building the protocol for global lending. TrustToken's TrueFi protocol brings uncollateralized lending and credit scoring on-chain, offering borrowers the highest possible capital efficiency at competitive rates, while offering lenders the broadest marketplace of financial products in DeFi. TrueFi has completed over $1B in loan originations with a perfect record of repayment.

The company's TrueCurrencies are the world's first independently-verified, fully collateralized stablecoins, trading on top exchanges like Binance, Huobi, and OKEx, generating billions in monthly trade volume. TrueCurrency users enjoy lightning-fast transactions, the lowest transaction costs of any stablecoin, easy exchange to and from fiat currency, and obsessive customer service.

Start using TrueFi at https://truefi.io, or learn more about TrustToken products at https://trusttoken.com.

For interested borrowers or asset managers looking to build financial products on TrueFi, please contact ryan.rodenbaugh@trusttoken.com.

About Kronos Research

Kronos Research is a leading quantitative trading company and cryptocurrency market maker, headquartered in Taipei. Founded in 2018, it grew its daily trading volume to about $5 billion per day while working to build an infrastructure for democratizing investment and trading with both traditional and crypto-assets. WOO X is its digital asset trading platform listing a wide array of coins and tokens, as well as futures contracts pairing $PERP against a variety of popular digital assets. The exchange relies on the WOO Network for liquidity, with WOO DAO working to foster the development of the ecosystem.

For more information, visit https://kronosresearch.com/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Quantum Generation Announces Partnership with Plato Technologies and the Quantum Space Revolution

Quantum Generation® is pleased to announce an orbital and terrestrial technology partnership with Plato Technologies. The partnership allows the development of the quantum space-based infrastructure. We are building the quantum incentivized network and integrating the technologies in the space-based QPhone.

Quantum computers and communications promise to operate millions of times faster than traditional technologies. Quantum Generation® is deploying the QG® waves technologies with quantum frequency stronger than 5G or 6G. Integrating Plato Blockchain with Quantum Generation® key distribution will ensure it is secure and anonymous. Utilizing the quantum generation repeaters and QSAT™ satellites, Plato Blockchain provides the fastest and most secure platform in the world.

Quantum repeaters are a vital component of quantum mesh network. The Plato and QUBIT space “nodes” can receive and transmit quantum data to and from the ground via free-space optical communications.

Plato and Quantum Generation® building the viability of technologies with self-healing P2P orbiting nodes to connect quantum transmitters and receivers over great distances securely. These nodes must produce and detect pairs of entangled photons with the Quantum Generation® Repeaters. They are eventually transmitting such photons for quantum cloud computing, the internet, communications, and fintech –exchanging quantum data regardless of where the nodes are located.

Quantum Generation’s® exclusive QG® 369 community is growing worldwide and has seen an increase in its memberships platform and look forward to building on with the Plato community and creating new ideas, investments, and technologies.

About Quantum Generation: Space Based Quantum Ecosystem

About Quantum Generation: Space-Based Quantum Ecosystem™ QUBIT Blockchain® Satellites and Quantum Generation® Quantum Mesh Network™. Creating the QG® (Quantum Generation®) Social Community. For more information, visit https://quantumgeneration.io.

About Plato

Plato is an open intelligence repository and browser that unlocks the power of Vertical Search in a highly scalable and value driven way. The Platform is designed to provide an ultra-secure environment to consume specific real-time data intelligence across 27 Languages and through an intuitive and immersive user experience. For more information, visit https://Platodata.ai.

Source: Plato Data Intelligence

ASEAN’s most influential fintech event – WFIS, now ready to disrupt Philippines’ FSI market

MANILA, Jul 5, 2022 – (ACN Newswire) – The launch of 'Digital Payments Transformation Roadmap 2020-2023' by the Central bank of the Philippines (BSP) has been driving major fintech investments in the country. To give an estimate, the first half of 2021 witnessed a total funding of $342 million garnered by the country's fintech firms, more than double of what was raised throughout 2020.

To provide a common networking and intelligence sharing platform to Philippines' burgeoning FSI community, Tradepass is hosting World Financial Innovation Series (WFIS) for the first time in the Philippines at Sofitel Philippine Plaza in Manila on 16-17 August 2022.

The event will attract 600+ technology and business heads from the leading Banks, Insurance & Micro-Finance institutions across the Philippines.

In a statement issued, following her participation announcement as a speaker, Dr. Adrienne Heinrich (Vice President & Head of AI Center of Excellence, Union Bank of the Philippines) explained the pivotal nature of AI in her organisation, "AI is a major driver of the Aboitiz Group's Great Transformation into being the Philippines' first techglomerate. At Union Bank of the Philippines, an Aboitiz-led universal bank, we leverage technologies like AI to deliver innovative models and solutions allowing us to provide tailor-fit recommendations on products and services that truly address our customers' needs. AI also enables us to unlock new potential and opportunities across industries in the Group including banking and financial services, power, manufacturing, and beyond."

WFIS 2022 – Philippines, will host the top 30+ thought leaders and experts from the industry who will shed light on the most pressing FSI topics focused on the latest tech innovations. The two-day event will also feature live showcase of the best FSI solutions from the leading organizations and a lot more.

One of the confirmed speakers, Lito Villanueva (Executive Vice President and Chief Innovation & Inclusion Officer, Rizal Commercial Banking Corporation) while taking about the event expressed, "The bridge between the now and the future can only be built by disrupting the current conversation on technology and finance. These conversations spark limitless collaboration between leaders and trailblazers that create boundless innovation. The event is an opportunity to create not only innovation and disruption, but 'disrup-innovation'."

Roy Joseph Roberto (Assistant Vice President (AVP) for Digital Transformation, Citibank Philippines) while appreciating the WFIS platform to address crucial CX challenges mentioned, "CX has now become the key differentiator while choosing a financial service platform. Realizing its inseparable nature with data science and AI, the financial services industry is gearing up with bigger investments in AI-enabled solutions. In that regard, World Financial Innovation Series serves as an ideal avenue for business and tech leaders to address the most pressing CX challenges and share how disruptive tech like AI can help bridge these gaps and transform DCX as we know it."

Organizer and CEO of Tradepass, Sudhir Jena, expressed, "With the Philippines witnessing record high investments in fintech and the Filipinos becoming more and more savvy with digitization, WFIS 2022 – Philippines will be the perfect opportunity for the fintech providers to collaborate with the traditional financial institutions and other seeking organizations that want to incorporate fintech into their core infrastructure."

Some of the confirmed speakers from the event include: DR. ADRIENNE HEINRICH, Vice President and Head of AI Center of Excellence, Union Bank of the Philippines; DHARMESH PATEL, Chief Data and Analytics Officer, East West Bank; LITO VILLANUEVA, EVP and Chief Innovation & Inclusion Officer, Rizal Commercial Banking Corporation; RONALDO BATISAN, Vice President – Customer Experience, Union Bank of the Philippines; ARIVUVEL RAMU, Group Chief Technology Officer, Tonik (Digital Bank); CARLOS TENGKIAT, Chief Information Security Officer, Rizal Commercial Banking Corporation and many others.

About Tradepass:

Providing access to the global emerging markets, Tradepass brings together people, products and solutions to power events for unparalleled business and networking opportunities. Being the most accredited event company, it helps organizations: enter new markets, grow sales pipeline, close prospects, raise capital and identify the right solution-providers. As a deal facilitator, Tradepass is always determined about exposing the most agile liquid growth markets, to enable all-round scalability and growth.

For more information about the event, log on to:
https://philippines.worldfis.com/

Media contact:

Riya J
PR & Communication Lead, Tradepass
riyaj@tradepassglobal.com
+(91) 80 6166 4401

Mohammed Raiyan
Tradepass Global
+91 79964 11687

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Apptio reinforces commitment to Asia with strategic hire

SINGAPORE, Jun 24, 2022 – (ACN Newswire) – Apptio, the leading provider of technology business management (TBM) applications, has appointed Tarun Kumar Kalra as Regional Vice President – Asia. Tasked with strengthening and establishing new strategic engagements in the region to help organizations make informed, data-driven technology business decisions, Tarun will focus on creating incremental value for Apptio's customers and partners and expanding the company's presence across Asia.

Tarun Kumar Kalra

"Tarun joins us at a time of exceptional possibility in Asia and we are leaning on his experience and leadership to grow Apptio's presence across the region. CIOs are being asked to do more with less, and to be accountable for their spending. Apptio equips them with the data and insights to better manage their IT investments and align them to business outcomes, through the implementation of the Technology Business Management (TBM) and FinOps disciplines," Ben Allard, Apptio Vice President and General Manager, Asia Pacific remarked. "Tarun will be instrumental in leading the execution of Apptio's vision and the adoption of TBM, FinOps and agile disciplines in the region,"

Kalra observes that, "Asian economies continue to witness consumption-driven growth, fueled by governmental and private enterprises driven capital expenditure (CapEx) expansion cycles. Organizations that are 'born in the cloud' are altering customer engagement models and technology consumption patterns. For that reason, cloud computing is the cornerstone of technology innovation, ensuring organizational resilience."

He adds, "Clients are seeking frictionless engagement models to give them the ability to scale new products and services to support their market expansion strategies. That requires nimble and agile technology organizations."

Kalra expects growth in the technology sector to continue with further advances being made in digital banking, healthtech, insurtech, and ecommerce. He says "Such organizations, along with large enterprises and government departments are grappling with ballooning technology costs while struggling with a limited view on a single pane and single source of truth on their returns on technology investments. Apptio is uniquely positioned with a proven solution to help these organizations derive deeper financial accountability and effectively allocate resources to areas of greater ROI and innovation."

About Apptio

Apptio gives you the power of trusted, actionable insights to connect your technology investment decisions to drive better business outcomes. More than 60 percent of Fortune 100 enterprises trust Apptio to manage spend across the entire IT portfolio and beyond, so they can focus on delivering innovation. Apptio automatically ingests and intelligently structures vast amounts of enterprise and technology-specific spend and operational data. Apptio enables users across disciplines to report, analyze, plan, and govern their investments collaboratively, efficiently, and with confidence. Learn more at Apptio.com.

NOTES TO EDITORS

1. Apptio's solutions help IT leaders in large, complex enterprises and governments better manage the business of IT, so they can deliver better products and services, and improve the customer's experience.

2. IT leaders need better insights into their technology portfolio and spending to be able to make real-time decisions and align their IT investments to business value. Apptio empowers them with the data and insights to appropriate their resources wisely, elevating them to be accountable at the board level.

3. With Apptio, it is easier to make decisions when managing cloud services – whether multi-cloud or hybrid – reduce waste and avoid cloud overspend, with a view to improve operational expense (OpEx) and capital expenditure (Capex) management.

4. Over the past few years, Apptio has expanded their presence in Asia to support customers on the ground in Singapore, Indonesia, Malaysia, the Philippines, and Vietnam, where there is hypergrowth in companies moving to the cloud, driving agile transformation and aiming for greater business agility.

5. To support the customers and partners in the region, Apptio has doubled its number of employees in Southeast Asia, nearly half of whom are women. The company is justly proud of its track record of hiring for diversity and inclusion in the region.

MEDIA CONTACT
Windy Oktaviani
Associate, PINPOINT PR
windy@pinpointpr.sg
WhatsApp: +62 811 910 9266

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CIMB Niaga and JCB launch JCB Digital Credit Card in Indonesia

TOKYO & JAKARTA, Jun 22, 2022 – (ACN Newswire) – PT Bank CIMB Niaga Tbk (CIMB Niaga) and PT JCB International Indonesia (JCB), as a subsidiary of JCB International Co. Ltd., launched the CIMB Niaga JCB OCTO Card Digital Credit Card in Jakarta, on 22nd June 2022. This credit card with digital or virtual technology was developed in line with the rapid growth of demand for online transactions and credit card technology. The Digital Credit Card provides a number of improvements. It enables the user to apply for CIMB Niaga JCB OCTO Card Digital Credit Card anytime and anywhere, and it also provides a safer and easier payment method for online transactions by using a one-time password (OTP).

Director of Consumer Banking CIMB Niaga Noviady Wahyudi said, "CIMB Niaga continues to innovate to develop digital customer experience by integrating various products and services into the OCTO Mobile Super App, making it easier for people to meet their financial needs. Recently, we innovated to present the CIMB Niaga JCB OCTO Card Digital Credit Card, which provides a comprehensive digital transaction experience for users," said Noviady.

Meanwhile, President Director of PT JCB International Indonesia, Takumi Takahashi, said, "The launching of this new Digital Credit Card shows our successful collaboration with CIMB Niaga and our commitment to cater to the demand for digital transactions in Indonesia. We believe with this new Digital Credit Card, customers can experience the uniqueness of JCB."

The issuance of the CIMB Niaga JCB OCTO Card Digital Credit Card is an initiative of CIMB Niaga and JCB to provide an easier, faster and safer online transaction experience. All transactions will be verified by entering a random two (2) digit OCTO Mobile PIN, and online transactions at most online merchants that have implemented 3D secure security are protected by a one time password (OTP) sent to a mobile phone number registered with the Bank. These features minimize the risk of online fraud and losses due to card theft. Customers also have the option to immediately block their CIMB Niaga JCB OCTO Card Digital Credit Card via the CIMB Niaga OCTO Mobile.

With the fast online application process for the Digital Credit Card, customers will have easier and instant access to their credit cards at the time of payment, without the hassle of carrying a physical credit card. Overall, this new Digital Credit Card is a convenient and hassle-free way to do transactions instantly.

The main features and benefits of this Digital Credit Card include 10% cash back for online transactions through the CIMB Niaga OCTO Mobile, a free installment fee with a 3 month tenor for minimum retail transactions of Rp 500,000, and a free annual fee. For detailed information, please visit: https://www.cimbniaga.co.id/id/personal/kartu-kredit/octo-card.

CIMB Niaga JCB OCTO Card Digital Credit Card customers can use the Card with the above features and benefits at more than 100 thousand offline and online merchants in Indonesia.

About CIMB Niaga

CIMB Niaga was established under the name of Bank Niaga in 1955. Approximately 92.5% of CIMB Niaga's shares (including those owned by PT Commerce Kapital of 1.02%) are owned by the CIMB Group. CIMB Niaga offers complete banking products and services, both conventional and Sharia, through a 428 office network as of 30 June 2021, consisting of 358 branch offices, 37 Digital Lounges and 33 Mobile Branches. CIMB Niaga has 12,389 employees (consolidated) as of June 30, 2021.

CIMB Group is the second largest financial services provider in Malaysia and one of the leading universal banking groups in ASEAN. The products and services it offers include consumer banking products and services, investment banking, Islamic banking, asset management and insurance. CIMB Group is headquartered in Kuala Lumpur, and operates in all ASEAN member countries (Malaysia, Indonesia, Thailand, Singapore, Cambodia, Brunei, Vietnam, Myanmar, Laos, and the Philippines). In addition to the ASEAN region, CIMB Group has also established offices in China, Hong Kong, India, Sri Lanka, the United States, the United Kingdom, and Korea. CIMB Group's shares are listed on Bursa Malaysia through CIMB Group Holdings Berhad. As of 30 June 2021, the group has a market capitalization value of USD 11.1 billion.

About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 39 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/

Contact
Ayaka Nakajima
Corporate Communications
Tel: +81-3-5778-8353
Email: jcb-pr@jcb.co.jp

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Catalyst Blockchain Platform Launches on Corda

BRUSSELS, BELGIUM, Jun 10, 2022 – (ACN Newswire) – Catalyst Blockchain Platform is now available on Corda, the leading distributed ledger technology platform from R3, created specifically for highly-regulated markets. Users benefit from both Corda Community Edition and Corda Enterprise Edition, using Catalyst's highly-automated processes and intuitive user interface to streamline the development, deployment, and maintenance of their Corda networks and applications.

On Corda, privacy is paramount. The protocol enables scalable, secure data transactions between network participants while ensuring the highest level of privacy and security. Corda employs a unique peer-to-peer architecture that maximizes confidentiality, while Corda distributed applications offer exceptional flexibility and interoperability.

These features together make Corda ideal for deployment by financial institutions and financial service providers, governments, healthcare providers, insurers, and other regulated organizations.

"On Corda, Catalyst Blockchain Platform brings a whole new frontier of data privacy and ease of use to blockchain network development. It is especially relevant for those operating in challenging regulatory contexts, and we are extremely proud to be able to offer these organizations an easy pathway to blockchain adoption," said Yana Koldra, Head of Product Management, IntellectEU.

Catalyst Blockchain Platform on Corda takes all of the strengths of the protocol and renders them easier and faster to work with by removing the technical barriers to entry. With Catalyst, users can build complex Corda infrastructure with just a few clicks, zero coding, and highly automated and optimized processes. To learn more about the protocol, visit www.catalyst.intellecteu.com/corda/.

Catalyst Blockchain Platform is developed by IntellectEU, a leader in distributed finance. Visit www.catalyst.intellecteu.com to learn more about the platform.

About IntellectEU

IntellectEU is a SWIFT partner and global leader in emerging technologies and digital finance. The company has a reputation for deep expertise in financial messaging and integration, however, in recent years IntellectEU has pushed the frontier of blockchain technology, becoming a founding member of the Linux Foundation's Hyperledger in 2016. IntellectEU is a Certified Hyperledger Service Provider and the company has a partnership with leading protocol creator R3, retaining an experienced team of R3 Corda-certified developers. For more information about IntellectEU and what the company can do for you, please visit www.intellecteu.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com