Society Pass Inc (Nasdaq: SOPA) / Thoughtful Media Group Inc Launches 1st Ever MediaGram to Build Indonesia Online Fitness Community

BANGKOK, Oct 17, 2023 – (ACN Newswire) – Thoughtful Media Group Inc (“Thoughtful Media” or “TMG”), the Thailand-based social commerce-focused, premium digital advertising network of Society Pass Incorporated (“SoPa”) (Nasdaq: SOPA), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, today announces a launch of first ever MediaGram, entitled “Sit Up”, in partnership with Indonesian superstar actor and producer, Chicco Jerihko, to develop online fitness centric community promoting health focused lifestyle in Indonesia. TMG expects new revenue models with fitness clubs and clothing retailers to emerge as result of this partnership.

“MediaGram” is an Instagram page used as a media platform to build communities in collaboration with individuals and/or companies. TMG Group aims to launch 3 Mediagram partnerships per quarter for the rest of 2023 and in 2024 across SEA to continuously develop innovative advertising channels promoting brands and services.

A household name in Indonesian entertainment landscape, Chicco Jerihko’s popularity derives from acting in and producing movies, TV shows and web series. Chicco has previously been nominated for and awarded prestigious awards for his roles in cinema, including Best Actor and Best Film by Festival Film Indonesia. Due to his on-screen success, Chicco Jeihko has amassed over 3+ million followers on social media. Chicco Jerihko comments, “Since 2003, I have been building these healthy habits to meet career demands and personal priorities. I am thrilled to share these habits and best practices with the wider online community and collaborating with renowned digital advertising firm, Thoughtful Media, on this endeavour”.

Kriangkrai Chaimongkol, TMG Chief Executive Officer, explains, “MediaGram is a direct result of our innovative methodology of growing the SEA digital creator economy and we are proud to present our first collaboration with Chicco Jerihko. We strongly believe that collaboration between TMG and SEA celebrities will have a significant positive impact on the regional social media market. We expect this ground-breaking platform to chart a fresh path for local celebrities to engage with and develop bigger audiences for our brands to market to. As we expand this exciting business to other parts of SEA in 2023 and 2024, and with innovative revenue models just emerging, we project our high margin, MediaGram revenues to contribute over 20% of Group revenues in 2024. TMG continues to create value-added services for our strategic celebrity partners, brands and the wider SEA creator community”.

About Thoughtful Media Group Inc.

Founded in 2010, Thoughtful Media Group is the leading digital advertising platform in SEA. Through our network of more than 10,000 talented creators across multiple industries in Thailand, Vietnam, Indonesia and Philippines, we help brands maximise marketing budgets and achieve business objectives through some of the most innovative marketing campaigns in the region.

In July 2022, Society Pass (Nasdaq: SOPA), the next generation acquisition-focused fintech and e-commerce ecosystem in SEA, acquired TMG. Since then, TMG has fully evolved into a digital-first and fully integrated advertising powerhouse, servicing creators and advertisers in SEA.

For more information on TMG, please visit:
Website at www.thoughtfulmedia.com or
LinkedIn at https://www.linkedin.com/company/thoughtful-media-group-inc or
Instagram at https://www.instagram.com/thoughtfulmedia/ or
Facebook at https://www.facebook.com/thoughtfulmediaasia or
Twitter at https://twitter.com/ThoughtfulMedia.

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 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 3.6 million registered consumers and over 650,000 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; VLeisure, Vietnam’s leading provider of hotel management and payment solutions; Gorilla Global, a Singapore-based, mobile network operator; Leflair.com, Vietnam’s leading lifestyle e-commerce platform; and NextGen Retail, a Indonesia-based e-commerce platform.

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:
Rokas Sidlauskas
Chief Marketing Officer
rokas@thesocietypass.com

DATE Fintech Show: Scripting a new chapter in Saudi Arabia’s Fintech Revolution

RIYADH, Oct 16, 2023 – (ACN Newswire) – With the MENA region amid its economic diversification journey, Fintech emerges as a core sector driving transformation. According to a Mordor Intelligence report, Saudi Arabia’s fintech sector is projected to grow from US$ 39.04 million in 2023 to US$ 69.23 million by 2028, with a CAGR of 12.14%.

DATE Fintech Show, co-located with DATE AI Show, is scheduled to take place at the JW Marriott Hotel in Riyadh on December 11th and 12th, 2023. The two-day event hosted at the prestigious JW Marriott Hotel will bring global fintech innovators, industry leaders, investors, and policymakers together to help reshape the fintech ecosystem in the Kingdom by showcasing the latest transformative innovations and fostering a spirit of innovation.

As the sector maintains its expansion, Saudi Arabia is poised to establish itself as a significant player among the prominent fintech ecosystems in the MENA region. Presently, there are more than 147 fintech startups operating within Saudi Arabia, aligning with its goal of hosting 525 active fintech companies by 2030.

With the latest innovations and rapid adoption of fintech solutions in the region, this one-of-a-kind event will provide a platform for both traditional and non-traditional players to learn about the latest trends and navigate the current challenges while driving the sector toward unprecedented growth.

Naveen Bharadwaj, Group CEO of Trescon, while sharing his excitement about the event, said, “In today’s evolving technological landscape, embracing smart solutions isn’t an option anymore but essential to survival. The growing innovation climate in the MENA region sets the perfect foundation for Saudi Arabia to propel its economy forward. At the DATE Fintech Show in Riyadh, we delve into the transformative impact of Fintech solutions, reshaping Saudi Arabia’s financial future.

Notable speakers present at the event include:

Dr. Wissam Fattouh, Secretary General, Union of Arab Banks
Fadi Ghandour, Executive Chairman, Wamda
Aiedh Al-zahrani, Chief Operating Officer, Arab National Bank
Essam Al Bakir, Chief Executive Officer, Ejada capitalIssa Nasser Al
Issa, Chief of Business Development, Wamid (Tadawul – Saudi Exchange)
Alain Godard, Chairman & Managing Director, European Digital Sovereignty Fund
Jessica Renier, Managing Director, Digital Finance, Institute of International Finance
Hubertus Väth, Managing Director, Frankfurt Main Finance e.V.
Jonathan Larsen, Chief Executive Officer, PingAn Global Voyager Fund
Monica Brand Engel, Managing Partner, Quona Capital
Dr. Jonathan Doerr, Partner, Antler
Bryan Stirewalt, Senior Managing Director, K2 Integrity
William Bao Bean, Managing Director, Orbit Startups
Dr. Fatmah Baothman, Board President, AI Society

The DATE Fintech Show is supported by:

Lead Sponsor: Mastercard
Strategic Fintech Partner: MENA Fintech Association
Association Partner: Fintech Association of Sri Lanka
Silver Partners: M2, Stockgro
Exhibitor: Triterras
Startup Exhibitors: Monak e-Services, Sapid Blue, SDK.finance

Don’t miss the chance to get involved with the DATE Fintech Show in Riyadh on 11th and 12thDecember 2023 at JW Marriott Hotel in Riyadh. Take the opportunity to network, collaborate and explore the latest innovations that are transforming the global fintech sector. To know more about the event, visit our website: Datewithtech.com/ksa/fintech

About Trescon

Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership. Its summits, expos, and conferences create real economic impact by connecting and empowering key stakeholders, including government organizations, regulators, enterprises, corporates, and more. With a team of over 250 employees across offices in 6 countries, Trescon has helped clients achieve exponential growth, accelerate market entry, and build valuable partnerships. For more information about Trescon, visit: www.tresconglobal.com

For media partnership or coverage or any inquiries please get in touch with:
Shadi Dawi
Director, PR & Partnership, MENA
+971 55 498 4989
shadi@tresconglobal.com

Society Pass Inc (Nasdaq: SOPA) Announces Equity Line of up to $40 Million to Invest into Operating Subsidiaries Projected to Go Public in 2024

NEW YORK, Oct 12, 2023 – (ACN Newswire) – Society Pass Inc. (Nasdaq: SOPA) (“SoPa” or the “Company”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, announced that it entered into a structured financing agreement for an equity line of credit with Strattners FZCO (“Strattners”) to efficiently access capital.

SoPa shall have the right, but not the obligation, to sell to Strattners up to $40,000,000 of SoPa’s common stock at SoPa’s request over the next 36 months, subject to certain limitations. For instance, the amount that may be sold under the agreement will be subject to Instruction I.B.6 to Form S-3, which is referred to as the “baby shelf rules”. When the Company’s public float is less than $75,000,000, it may not sell more than the equivalent of one-third of its public float during any twelve consecutive months pursuant to the baby shelf rules. The shares of the Company’s common stock will be issued at a 6% discount to the lowest volume-weighted average price during the three trading days following the date of the Company’s request.

Raynauld Liang, CEO of SoPa, explained, “By raising this capital from Strattners, without paying large commissions and fees, we will generate shareholder value by efficiently deploying such capital into our operating subsidiaries, such as our spinout candidates, Thoughtful Media Group Inc and NusaTrip Inc.” Mr. Liang continued, “This financing strategy also allows us to opportunistically invest in acquisitions as well as bolster our working capital and shall be used judiciously when market conditions for our common stock are favorable.”

About Society Pass Inc.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.

About Thoughtful Media Group Inc.

In July 2022, Society Pass (Nasdaq: SOPA), the next generation acquisition-focused fintech and e-commerce ecosystem in SEA, acquired Thoughtful Media Group Inc. Since then, TMG has fully evolved into a digital-first and fully integrated advertising powerhouse, servicing creators and advertisers in SEA.

About NusaTrip

Founded in 2013, NusaTrip is a Jakarta, Indonesia-based, IATA-licensed online travel agency that serves both local and global customers and partners by optimizing cutting-edge technology and providing 24/7 customer-centric support team-as-a-service. With its first mover advantage, NusaTrip has onboarded +1.2 million registered users, +500 airlines and +650,000 hotels around the world as well as connected with over 80 million unique visitors.

NusaTrip is now an integral member of Society Pass (Nasdaq: SoPa) ecosystem.

For more information on NusaTrip, please visit:
Website at https://www.nusatrip.com.
LinkedIn at https://www.linkedin.com/company/nusatrip/ or
Instagram at https://www.instagram.com/nusatrip/ or
Facebook at https://www.facebook.com/nusatrip.travel or
Twitter at https://twitter.com/nusatrip.

Cautionary Note Concerning Forward-Looking Statements

Media Contact:
Rokas Sidlauskas
Chief Marketing Officer
rokas@thesocietypass.com

Society Pass Inc (Nasdaq: SOPA) Announces Plans to Spinout Two Profitable Business Units Into New Publicly-Traded Companies via Nasdaq IPOs in 2024

NEW YORK, Oct 10, 2023 – (ACN Newswire) – Society Pass Inc. (Nasdaq: SOPA) (“SoPa” or the “Company”), Southeast Asia’s (“SEA”) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, announces that its Board of Directors, together with its financial and legal advisors, have evaluated a comprehensive range of strategic restructuring options to unlock shareholder value. As a result of these discussions, SoPa will pursue a spinout and initial public offering on Nasdaq in 2024 for its digital advertising ecosystem, Thoughtful Media Group Inc (“TMG”), and for its online travel platform, NusaTrip Inc (“NusaTrip”).

Thailand-based TMG, the premier digital advertising network in SEA, operates in Thailand, Vietnam, Indonesia, and Philippines and connects advertisers/brands/merchants with over 10,000 influencers to targeted audiences in SEA via its social media-focused advertising ecosystem. TMG delivers significant returns on investment on advertising spend for its clients by more efficiently and effectively generating additional revenues across thousands of creator channels in industries such as fashion & beauty, lifestyle, video games, cooking, automotive, travel, luxury, and sports.

Nusatrip, a leading Indonesia-based online travel agency, offers a comprehensive range of airlines and hotels on its travel platform for corporate and retail customers across SEA. With its first mover advantage, NusaTrip has onboarded over 1.2 million registered users, over 500 airlines and over 650,000 hotels around the world as well as connected with over 80 million unique visitors. Initially only focused on the Indonesian market, NusaTrip has expanded to other SEA countries to become a first-choice travel provider throughout SEA.

SoPa believes that its separately-traded TMG and NusaTrip subsidiaries will increase SoPa shareholder value as investors can more clearly evaluate the performance and future potential of these profitable businesses on a standalone basis, whilst allowing each business to pursue its own distinct strategy and capital allocation policy. Both TMG and NusaTrip are managed by separate executive teams.

“We believe that separating and listing our principal businesses in 2024 will improve our ability to unlock hidden value for all our stakeholders,” says Raynauld Liang, the Chief Executive Officer of SoPa. “Both TMG and NusaTrip are profitable and have large and growing market opportunities. This new proposed group structure will further increase both their operational agility and ability to focus on delivering exceptional solutions to their customers.”

Mr. Liang further notes, “SoPa’s actions follow the leads of both Johnson & Johnson (JNJ) and Kellogg’s (K) spinning out operating subsidiaries and we plan on having the same success.”

About Society Pass Inc.

Society Pass completed an initial public offering and began trading on Nasdaq under the ticker SOPA in November 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 3.6 million registered consumers and over 650,000 registered merchants and brands. For the past 2+ years, it has invested in building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.

About Thoughtful Media Group Inc.

In July 2022, Society Pass (Nasdaq: SOPA), the next generation acquisition-focused fintech and e-commerce ecosystem in SEA, acquired Thoughtful Media Group Inc. Since then, TMG has evolved into a digital-first and fully integrated advertising powerhouse, servicing creators and advertisers in SEA.

About NusaTrip

Cautionary Note Concerning Forward-Looking Statements

This press release may include “forward-looking statements,” within the meaning of applicable securities laws. 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, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements consist of not purely historical statements, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. 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, including, but not limited to, the ability of the Company to complete the proposed spinout successfully. A discussion of these and other factors, including risks and uncertainties with respect to the Company, is detailed in the Company’s filings with the Securities and Exchange Commission (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. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and while the Company may elect to update these forward-looking statements at some point in the future, it assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, subject to applicable law. The Company does not give any assurance that it will achieve its expectations.

Media Contact:
Rokas Sidlauskas
Chief Marketing Officer
rokas@thesocietypass.com

Zumo First to Launch Platform Built to Meet the Tech Requirements of the FCA’s New Financial Promotions Regime for Crypto Assets

London/Edinburgh, Oct 6, 2023 – (ACN Newswire) – Zumo, the UK-based digital-asset-as-a-service platform, has announced a significant industry milestone as it becomes the first digital asset platform to have integrated tech based requirements of the Financial Conduct Authority’s (FCA’s) new financial promotions regime for cryptoasset firms, set to take effect from 8 October 2023.

This early compliance underscores Zumo’s unwavering commitment to setting the highest standards in regulatory alignment and consumer protection.

“The rigorous adherence to regulatory frameworks is not just about compliance but is a testament to our commitment to be the trusted and sustainable partner for digital assets, ensuring the safety and the integrity of the digital asset industry,” said Nick Jones, CEO, Zumo.

The new regulation by the FCA mandates enhanced consumer protection measures, a development that Zumo has seamlessly integrated, ensuring consumer confidence and security amidst a volatile backdrop where major players have paused their UK operations. The FCA recently expressed concern that many of the 150 or so unregistered crypto firms with UK customers have yet to even respond to the regulator.

Zumo’s readiness serves as a timely example to other fintech and crypto firms navigating the new financial promotions landscape, and is characterised by a seamless user experience enriched with enhanced safety protocols. Zumo’s financial promotions technical flow is now also available through the company’s B2B API to support unregistered firms with remaining compliant after 8 October 2023.

“We didn’t just beat the deadline; we are striving to set the standard for others in the industry,” added Michael Johnson, Head of Compliance, Zumo. “Our early compliance demonstrates not just our technical and ethical rigour but underscores our commitment to leading the industry in transparency, innovation and consumer protection.”

“With some operators pausing their UK operations, there will be many customers holding crypto who will be unable to buy or trade from 8th October. We’re fully committed to working with our partners to provide a compliant environment in which they can continue their digital asset journey.”

For a deeper look at Zumo’s industry-leading compliance journey and enhanced consumer experience, visit: https://zumo.tech/navigating-the-uks-financial-promotions-regime-with-zumo/

About Zumo

Zumo believes everyone should have access to sustainable finance, and that blockchain has the power to deliver this globally. Its mission is to provide a better planet for digital assets, delivering sustainable, accessible and secure ways to unlock the benefits of web3.

As an enterprise-focused digital-asset-as-a-service platform, Zumo’s turnkey, API-based infrastructure offers a fast, flexible and compliance-sensitive route to market, empowering fintechs, banks, asset managers and brands to offer their clients the tools of the future simply, securely and sustainably while also opening up new revenue streams, attracting new customers and supporting customer retention.

A values-driven business, Zumo has underlined its commitment to a fairer society and a sustainable planet with an ambitious 2030 net zero strategy encompassing its own business; the blockchains it works with; and the wider digital asset ecosystem. Carbon-neutral since inception, the business is committed to ongoing collaboration in the decarbonisation of the digital assets industry. Zumo was an early signatory of the Crypto Climate Accord, the first digital asset business to receive UK government funding from the UK’s national innovation agency, Innovate UK, to further its applied work on the decarbonisation of digital assets, and is now a key contributor to industry guidance on the energy consumption of blockchain, working in tandem with the World Economic Forum and the GBBC Digital Finance.

More information at: zumo.tech

For media requests/interview, please contact:
Amelie Arras
Zumo’s Marketing Director
amelie@zumo.tech
07546 105548

ORIGYN Technology Empowers Creation of Digital Certificates for Metalor Gold Bars

NEUCHATEL, SWITZERLAND, Oct 5, 2023 – (ACN Newswire) – ORIGYN Foundation, the Swiss nonprofit dedicated to creating powerful biometric digital certificates that prove authenticity, identity and ownership of valuable assets, today announced a collaboration with Metalor to certify the authenticity and ownership of select physical gold bars.

ORIGYN’s Digital certification enables the gold industry, in collaboration with Metalor and Yumi.io marketplace, to redefine how businesses and consumers certify, transact and own precious metals. The ORIGYN Digital Certificate powers this process through unprecedented certificate storage and security, as well as the underlying non-fungible token (NFT) technology that ties physical objects immutably to asset data and digital experiences.

Metalor, one of the world’s most trusted gold refiners since 1852, refines gold in accordance with the highest industry standards. Metalor sources gold from selected countries and sustainably refines the precious metal into 99.99% pure gold bars from one of the five Metalor refineries all LBMA-certified across three continents. The end result is a traceable gold bar-complete with grading, weight, certification and sourcing information-all stamped directly on the physical asset. Now, leveraging ORIGYN’s powerful certification technology for select gold bars, this information will be securely recorded in a permanent, immutable digital certificate.

ORIGYN offers the most powerful digital certificate solution in the market, storing up to 3.5GB of data. This includes documents and technical information, as well as multimedia elements such as video, high-resolution images and entire applications.

ORIGYN Digital Certificates are stored entirely on the blockchain, meaning they cannot be tampered with, lost or falsified. They also enable a host of value-added services, including applications to engage with consumers, insurance information, warranties, lost and stolen alerts, financing and collateralization, bequeathals, proof of heritage, appraisal history, services records and more.

ORIGYN’s digital certificate continues to uncover novel use cases across industry in response to the growing demand for digital certification. In the case of gold certification, the newly launched gold project, GLD NFT, is now selling the digitally-certified Metalor gold bars on Yumi.io marketplace, increasing access to and transparency across the gold market.

The certificate for the GLD NFT project includes two high-resolution images of the gold bar, its unique serial number, technical information on weight, purity, dimension and hardness, stock audit verification from globally recognized auditors and a certificate of authenticity.

“Digital certificates have the power to transform entire industries and revolutionize investment opportunities by providing secure, transparent and accessible ways to verify ownership and authenticity. By leveraging blockchain technology, ORIGYN is at the forefront of this transformation, creating a new standard for how physical assets are bought, sold, owned and transacted,” said ORIGYN Co-Founder Gian Bochsler, who also spearheads the independent GLD NFT project. “We believe this technology has the potential to unlock tremendous value and opportunities across the entire precious metals sector.”

Contact Information:

Silvia Biestro silvia@origyn.ch

Commercial Bank of Dubai Co-Hosts Future Sustainability Forum for a Greener Tomorrow

DUBAI, Sept 29, 2023 – (ACN Newswire) – As the UAE prepares to host the COP28 Summit later this year, the Future Sustainability Forum is poised to serve as the ideal platform for global sustainability leaders and innovators. They will assess emerging technologies while exploring avenues for cooperation to enhance capital flow toward sustainable financing.

The forum co-hosted by the Commercial Bank of Dubai will invite eminent leaders from the public and private sectors to engage in ground-breaking discussions on sustainability’s impact on the global financial market.

The collaboration will further invigorate the regional innovation ecosystem, propelling industrial sectors towards adopting ESG measures and steering the region towards a low-carbon and climate-resilient future. The collaborations further establishes a longstanding partnership between CBD and DIFC to promote innovation in the region.

As one of the longest established financial institutions in the United Arab Emirates, Commercial Bank of Dubai plays a pivotal role in reshaping the regional financial sector, especially with the increasing demand for sustainable financial instruments. Commercial Bank of Dubai’s dedication to the UAE’s pursuit of a climate-neutral economy and the adoption of ESG policies is underscored by its sustainable financing framework. The successful issuance of its inaugural green bonds further reflects the growing confidence of investors in the financial sector’s transition toward a greener future.

Commenting on the partnership with DIFC, Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai said: “Commercial Bank of Dubai is proud to co-host the Future Sustainability Forum, a platform that aligns perfectly with our commitment to sustainability and responsible finance.

As a longstanding financial institution in the UAE, we recognize the importance of driving the transition towards a greener future. Our sustainable financing framework and the successful issuance of our inaugural green bond demonstrate our dedication to supporting the UAE’s journey towards a climate-neutral economy.

Through collaboration with the Dubai International Financial Centre, we aim to highlight the future of sustainable finance, furthering our collective mission to promote sustainable and responsible financial practices in the region.”

With the pivotal COP28 Summit on the horizon, the forum will underscore the shared commitment and efforts aimed at showcasing UAE’s unwavering dedication to advancing the United Nations Sustainable Development Goals.

By nurturing a sustainable and innovative ecosystem, the Future Sustainability Forum encourages collective action against climate change and mobilizes towards this critical cause. To learn more about this event and to secure your registration, please visit: www.futuresustainabilityforum.com.

About Trescon

Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership. With a deep understanding of the realities and requirements of the growth markets we operate in – we strive to deliver innovative and high-quality business platforms for our clients.

For media inquiries and further information, please contact:
Shadi Dawi
Director, Public Relations & Partnerships – MENA
shadi@tresconglobal.com
+971 55 498 4989

WFIS to facilitate Indonesia’s most disruptive integration of Technology & FSI

JAKARTA, Sept 27, 2023 – (ACN Newswire) – Tech innovations are transforming organizations across sectors and are especially causing massive paradigm shifts in the financial services industry. In the wake of the situation, the world’s largest archipelago is propelling forward with its digital economy and has already produced multiple fintech unicorns.

While the 90 million unbanked Indonesians are the sure catalysts behind fintech’s growth, more and more companies are now also leveraging the favorable regulatory changes brought in by Bank Indonesia and the Financial Services Authority (OJK). The latter has even launched “Master Plan for the Indonesian Financial Services Sector (MPSJKI) 2021-2025” to further favor the developments.

Imbibing the opportunities arising from Indonesia’s current situation and to provide a direct gateway to its flourishing fintech market, the country’s most reputed annual FSI event, World Financial Innovation Series (WFIS) is coming back on 24 – 25 October 2023 at The Ritz-Carlton Jakarta, Pacific Place along with an Awards & Gala Night to reward and celebrate the best of FSI.

With all major financial institutions looking to upgrade their structure with added digital offerings, Indonesia has now become a utopia for technology vendors. This is where WFIS comes across as the best fit for bridging the gap between financial institutions and technology organizations.

As for the upcoming 5th annual edition, the platform will host more than 700 technology & business heads from the leading Banks, Insurance & Micro-Finance institutions across the country. On the other side to calm the massive number of inquisitive delegates, majority of whom are seen procuring solutions every year, the platform will feature the most cutting-edge fintech solutions showcased by none other than the leading industry players.

Some of the exhibiting companies who have already confirmed their spot at the platform include Newgen, 8×8, iProov, Provenir, OutSystems, Perkasa, FEITIAN Technologies, IntellectAI, OpenText™ AI Cloud, Reward360 and others.

While expressing his views on the current status of the Financial Services Industry, one of the key speakers for the platform, Samuel Mulyono (Chief Data Protection Officer (CDPO) and Head of Cyber & Product Risk Assurance Group, Nobu Bank) stated, “While technology is an important part of digital transformation in Banking and Financial Services, solutions implemented in the past often focused on poorly designed and implemented technology resulting in high costs and limited value. Organizations often struggle to meet compliance demands and threats, and solutions are limited. I believe that today Financial Services are interconnected and related to global risks that may be inside or outside the information system. Cybersecurity and Data Privacy in Financial Services require innovation-based solutions.”

He further added, “I see that this conference is necessary for professionals who are increasingly dealing with many interconnected digital and global innovations.”

With a carefully tailored agenda, the event will also power a conference hall for companies and experts to project their thought leadership in the region and address the most pressing issues faced by the industry.

Another key speaker, Edisono Limin (Executive Director, Country Head of Channels & Digitalisation, UOB) gave a brief comment on the platform, “Attending World Financial Innovation Series is a good opportunity to absorb the latest information and knowledge from experts and help us on our digital transformation journey”.

The curation of topics for the conference has always been an important highlight. Some of the next-gen topics being covered this year include, ‘Future-proofing Indonesia’s Digital Banking Strategy’, ‘Empowering FIs with Cloud’, ‘Full-Suite Mobile Banking’, ‘Neo-Banks’, ‘Increasing Adoption of Biometrics’, ‘Transforming Banking with Low-Code No-Code’ and many others.

When asked about how Indonesia has shaped up to become one of the most favorable grounds for WFIS, Organizer & CEO of Tradepass, Sudhir Ranjan Jena expressed, “Indonesia is a live testimony to the platform’s continuous efforts towards fostering collaboration between the biggest financial institutions and the best-in-class technology providers. The active participation of key government officials, most renowned FSI personalities and the leading technology experts to forge a synergetic environment is the reason why World Financial Innovation Series returns every year to the archipelagic state.”

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

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.

Media contact:
Shrinkhal Sharad
PR & Communication Lead
shrinkhals@tradepassglobal.com
+ (91) 80 6166 4401
Tradepass

Zilliqa partners with GMEX ZERO13 to launch consumer-focused carbon offset platform

LONDON, Sept 27, 2023 – (ACN Newswire) – Zilliqa, a leading layer-1 blockchain offering high-performance, high-security and low-fee solutions, today announces a partnership with GMEX Group and its initiative ZERO13, the digital climate fintech aggregation ecosystem, to launch the first-of-its-kind carbon offset platform that will transform the way that retail customers engage with corporate environmental initiatives.

Together, Zilliqa Group and GMEX ZERO13 will deliver a cutting-edge platform that uses the blockchain-based currency, EVP, to represent carbon credit offsets. When they purchase goods or services, customers of brands partnered with Zilliqa will receive EVP tokens on the Zilliqa blockchain, enabling them to offset their carbon footprint directly through funding various environmental initiatives.

Through this innovative platform, users can channel these tokens towards funding specific carbon-credit offset initiatives, granting them direct influence over which environmental projects their offsets fund. The platform empowers consumers to have a tangible input in carbon neutrality efforts and make better-informed purchasing decisions.

The EVP tokens come with programmable features, such as expiry conditions. If the EVP is not allocated to a carbon offset program by a set deadline, the token is either burned or reverted to the original owner, encouraging timely contributions to sustainability efforts.

For producers of carbon credits, this system not only amplifies the visibility of their projects but also introduces an innovative way to garner support and raise funds. The platform acts as a bridge, digitally connecting these initiatives with conscious consumers eager to contribute to tangible environmental solutions.

The platform offers businesses an opportunity to lead in corporate sustainability, providing complete transparency in how they – and their customers’ – carbon offsets are allocated. In a market that is increasingly environmentally aware, this boosts consumer trust and strengthens brand credibility.

The partnership leverages the combined strengths of Zilliqa Group’s integrated vertical infrastructure and eco-friendly blockchain and GMEX’s multi-asset trading capabilities to create a seamless, transparent, and responsible platform. It builds upon GMEX’s existing services, including its integration with ZERO13, an automated AI and blockchain-driven international carbon exchange, registry and aggregation hub and asset settlement network ecosystem.

Speaking on today’s announcement, Zilliqa Group CEO Matt Dyer, said:

“In the age of information and digital transformation, our partnership with GMEX ZERO13 represents a conscious step towards a greener future. Through this platform, every individual can be a stakeholder in the global fight against climate change. By bridging the gap between carbon credit producers and environmentally conscious consumers, we are ushering in a new era of sustainability. Leveraging Zilliqa’s eco-friendly blockchain, we aim to redefine the consumer experience, making carbon offsetting not just accessible but also engaging and empowering.”

Also commenting, GMEX Group and ZERO13 Chairman & CEO Hirander Misra, said:

“The current way of transacting carbon credits is opaque, manual and fragmented, and has to change to instill trust in the market in a way that both businesses and their consumers can align more effectively to create tangible positive impact to address climate change.” He added, “Our partnership with Zilliqa helps achieve exactly that to transparently digitally connect high quality supply side projects with consumer led and associated corporate demand in a way that restores trust in the market and introduces innovation not previously seen.”

Also commenting, Zilliqa Group Chairman Mark Hemsley added:

“The collaboration between Zilliqa and GMEX ZERO13 brings to the fore a transformative solution in the climate tech domain. We are not just setting new benchmarks for corporate sustainability but also democratizing the process of carbon offset. Our vision at Zilliqa has always been to drive impactful technological solutions. The era of passive consumerism is behind us and our partnership with GMEX ZERO13 crystallizes this vision, offering a direct, transparent and impactful way for consumers to play a part in the larger environmental narrative.”

About Zilliqa Group

Zilliqa Group provides world-class Web3 and blockchain infrastructure as its core. The Group’s mission is to facilitate industries, governments, and entrepreneurs’ seamless transition into Web3 and the spatial web, delivering secure and sustainable solutions that drive the creation of immersive products and experiences.

About Zilliqa blockchain

Zilliqa is a high-performance, high-security, and low-fee layer-1 blockchain platform. Engineered by The Zilliqa Group, the blockchain serves as a versatile foundation that facilitates a broad array of web3 applications and services across a multitude of sectors, providing a robust platform for emerging developers and established enterprises alike.

About GMEX Group

GMEX Group (GMEX) offers sustainable digital solutions for the new age of global markets. The firm is a leading global provider of multi-asset exchange trading and post-trade software/software as-a-Service (SaaS) market infrastructure solutions and ‘network of networks’ digital platform services. GMEX addresses end-to-end regulatory and contract environment needs for issuance, trading, clearing and settlement across exchanges and across multiple asset classes including traditional, digital and hybrid assets, as well as digital carbon credits and ESG real-world assets.

About ZERO13

ZERO13, a venture by GMEX, is an automated AI and blockchain-driven international carbon exchange, registry and aggregation hub ecosystem. The ZERO13 Hub provides a Platform-as-a-service, which offers a distributed point of entry for digital issuance, trading and settlement of carbon credits and real-world assets such as ESG securities. ZERO13 Hub connects multiple international carbon exchanges, registries, custodians and ESG project owners globally for supply verification, transparent pricing and real-time settlement using APIs and across blockchains enabled by ZERO13 Chain (‘Pyctor’).

Press Contacts:

For Zilliqa
Alex Speirsaspeirs@zilliqa.com

For GMEX Group and ZERO13
Alice Ellman-Brown, The Realization Group
alice.ellman-brown@therealizationgroup.com
+44 (0)7365 224804
pr@gmex-group.com

The Philippines unveiled FSI’s leading talents at WFIS Awards 2023

MANILA, Sept 25, 2023 – (ACN Newswire) – With technology innovations in the financial sector expanding by leaps and bounds, the Philippines is now pacing towards financial inclusion. While the archipelagic country still houses over 30 million unbanked Filipinos, the equation is fast changing as access to financial services has become way simpler with the advent of fintech.

At a time when Philippines’ banks and other financial institutions have grabbed everyone’s attention with their commendable work, it is but obvious that behind the massive transition towards digital, there are few exceptional personalities from various domains that have disrupted the industry with their exceptional contributions.

To shine a spotlight on these profiles and bestow honour upon their work, Tradepass hosted World Financial Innovation Series (WFIS) Awards 2023 in Manila on 24 August 2023 at the Manila Marriott Hotel from 5 pm to 9 pm. Referred to as the country’s most glamorous awards night for the financial services industry, the platform declared the winners from 9 competitive categories. Below are the details.

GRC Advocate of the Year – Ingrid Rose Ann Berona (Chief risk Officer, Gcash)
Data & Analytics Leader of the Year – Josh Bosiños (Head of Data Science and AI, Robinsons Bank Corporation)
Tech Innovator of the Year – Kenneth Catugas (Head IT, ING)
CMO of the year – Janette Y. Abad Santos (First Vice President, Head – Marketing Group, Robinsons Bank)
Excellence in Retail Banking – Frederick Ian B. Dela Cruz (Card System Management Head, Philippines National Bank)
Fintech Provider of the year – Oscar Enrico Reyes, Jr. (President/CEO, G-Xchange, Inc)
Cyber Practitioner of the year – Marlon Sorongon (CISO, MayBank)
CX Innovator of the year – Lionel Gacad (Chief Experience Officer, GoTyme Bank)
Women Influencer in FSI – Catherine Urtola (Chief Compliance Officer, UNO Digital Bank)

“This recognition was made possible because of the strong collaboration of the various teams that worked on this project,” said Frederick Ian Dela Cruz, Head of Cards System Management Department of PNB’s Cards and Payments Solutions Group. “At Philippine National Bank, we constantly adhere to the highest standards of excellence in our retail banking business. Our goal is to provide our customers with relevant banking services – where they need it, when they need it.”

While the industry applauded the sheer genius of these stellar personalities, the titles were conferred on them by none other than industry’s most renowned thought leaders – Balaji Viswanathan (Managing Director & CEO, Expleo Solutions Limited); Imelda Tiongson (Chairperson, Pru Life UK); Rico Bautista (President and CEO, Etiqa Life & General Assurance Philippines, Inc); David Gyori (CEO, Banking Reports, London); and Arvie De Vera (Co-Founder & Board Director, Fintech Association Of The Philippines).

Having an enthralling vibe, the awards night had a very gaudy appearance with some mesmerizing champagne ladies to lift the spirits. Also, labelled as a Black Tie event, the night witnessed stunning performances by IOX Entertainment Dance Troop that got the audience on their toes.

WFIS Awards 2023 – Philippines, ensured that other than uplifting the entire cybersecurity community, every single attendee felt appreciated as there was an impeccable spread of scrumptious gourmet dishes coupled with an exotic range of cocktails for them to have a great time.

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

About Tradepass

As a deal facilitator, Tradepass is always determined about exposing the most agile liquid growth markets, to enable all-round scalability and growth.

Media contact:
Shrinkhal Sharad
PR & Communication Lead
shrinkhals@tradepassglobal.com
+(91)8061664401
Tradepass