Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Fintech PR

Prime Minister of the Republic of Singapore Intrigued by WeBank’s Fintech-powered Services at SFF x SWITCH

Published

on

 

WeBank showcased a series of new generation fintech capabilities at the Singapore Fintech Festival. On Nov. 12, Lee Hsien Loong, Prime Minister of the Republic of Singapore, visited WeBank’s booth and communicated with Henry Ma, Executive Vice President and Chief Information Officer of WeBank. Henry introduced how WeBank adopted fintech capabilities in the areas of ABCD (AI, blockchain, cloud computing and big data) to promote financial inclusion as China’s first digital bank. He suggested that by leveraging these technologies, WeBank was enabled to increase operational efficiency, reduce costs, and scale faster. Then Henry intrigued the Prime Minister with a demonstration of real user journey of WeBank’s fintech-powered microloan service.

As a world’s leading digital bank, WeBank reaches out for international collaborations on promoting financial inclusion through fintech. Alan Ko, Head of Fintech Innovation (international) at WeBank, addressed WeBank’s open mindset towards promoting digital financial inclusion at the festival. “Fintech holds the potential to revolutionize future financial services, that is why our fintech solutions have garnered so much attention here at the event, especially our showcases in fields like AI, blockchain, cloud computing and big data. As a technology innovator in the world’s leading digital bank league, we are actively looking for partnership and collaboration to take a step further in promoting financial inclusion through new technologies.

To provide partners more effective and low-cost approaches to tackle fintech problems in their businesses, WeBank’s professionals presented solutions from four major areas-AI, blockchain, cloud computing and big data:

In terms of AI, WeBank is building a series of advanced AI applications for financial inclusion scale-up and technology-driven financial ecosystem. One of them is Federated AI Technology Enabler (FATE), China’s first industrial level federated learning platform open sourced by WeBank. FATE helps businesses and organizations build AI models effectively and collaboratively, by using data in accordance with user privacy protection, data security, data confidentiality and government regulations. So far, it has already been applied in credit, insurance, supervision and retails.

WeBank also provides comprehensive blockchain solutions including the infra platform FISCO BCOS, middleware kits WeBase, and applications including WeIdentity and WeEvent:

  • FISCO BCOS (Be Credible, Open & Secure) is an open consortium chain platform, built with an aim to facilitate partnerships and inspire collaboration amongst businesses. It is the largest open source consortium chain ecosystem in China with 10,000+ members (500+ enterprise members). And it has launched more than 60 applications in interbank reconciliation, tourism finance, supply chain finance, judiciary services, copyright protection, entertainment & gaming, and social management & public services.
  • WeBASE (WeBank Blockchain Application Software Extension) is a bridge connecting applications with the blockchain infrastructure.
  • WeIdentity is an open source solution which offers a safe and efficient solution for identity authentication and data cooperation based on blockchain.
  • WeEvent is a distributed event-driven architecture developed for cross-institutional and cross-platform event notifications in loosely coupled systems that support the Collaborative Business models.

WeBank adopted and reinvented many cloud-based technologies including Fintech Sandbox and WeCube. WeBank FinTech Sandbox is a virtual innovation lab designed for individual developers, as well as technology and business partners. It provides a testing ground to build, demonstrate, share, augment and test cutting edge financial technologies, reference implementations as well as various other business applications and solutions. We encourage fintech innovators to build their own disruptive business models based on technologies which have been tested and proven at scale and applicable for a multitude of use cases including virtual banking, supply chain finance, mobile payment, smart retail, and others.

WeCube tackles the challenges of managing a fully distributed architecture require smart ops & maintenance tools for higher efficiency. It is the all-in-one tool to address the issue as being an open-sourced and self-evolving working platform.

In the big data area, WeBank extracts the essence of its financial-grade data technologies and designed WeDataSphere. It is a platform with financial grade computing, data storage and exchange, and machine learning capabilities developed based on various open-source components like Hadoop, spark, HBase, KubeFlow and FFDL. Enormous enhancements and reinforcement efforts were made by WeBank on top of the open-source components to tackle financial application issues related to security, performance, high availability, and traceability.

To find more WeBank Fintech solutions, follow their official website at fintech.webank.com/en.

 

Advertisement

SOURCE WeBank

 

Fintech PR

ITG and Sundogs partner to transform creative efficacy through AI

Published

on

itg-and-sundogs-partner-to-transform-creative-efficacy-through-ai

LONDON, March 31, 2025 /PRNewswire/ — Inspired Thinking Group (ITG), the AI-enabled, agile content business, has announced a strategic partnership with creative intelligence startup Sundogs, leveraging AI to deliver greater creative performance for its global clients.

The partnership harnesses Sundogs’ deep expertise in AI-driven consumer understanding, combining AI with data and creative capabilities to see inside ads and maximize creative performance. This methodology directly feeds and influences ITG’s own AI-enabled, agile content model.

Joining forces with Sundogs empowers ITG to know what content to create to resonate most effectively with different audience segments, on different channels, and in different markets — ensuring that content is crafted to maximize creative performance, from the point of production.

“This feels like a very natural meeting of our two companies, given Sundogs’ unique ability to enhance creative effectiveness through AI, which marries perfectly with our own AI-enabled, agile content model,” said Andrew Swinand, ITG CEO. “Partnering with Sundogs makes us better and smarter in the way we craft content, equipping our clients with a deeper understanding of their audience, and the ability to deliver intelligent creative campaigns at speed — with each asset tailored to meet the requirements of every possible customer interaction.”

Already working with global clients such as Microsoft, Jaguar Land Rover (JLR), PUMA, KFC and more, ITG’s partnership with Sundogs will uncover new opportunities for creative effectiveness, including the development of a scoring system to identify assets most likely to drive performance, and enhanced templates for content automation through its Gartner-recognized Storyteq platform.

Storyteq was named a Leader in the 2025 Gartner® Magic Quadrant™ for both Content Marketing Platforms and Digital Asset Management — the only vendor worldwide to be recognized as a Leader in both categories.

Ben Jones, Sundogs CEO & Founder, commented, “What’s happening inside of video content is the new frontier of performance. We know more about how people take in information, what moves them, and what creates lasting business impact than ever before.  Making sure that is applied at scale and speed is what makes this partnership with ITG so exciting.”

About Inspired Thinking Group (ITG)
ITG is the leading Halo content partner to businesses around the world. It eliminates marketing complexity and delivers AI-enabled, agile content at speed and scale to drive business growth and reduce marketing costs. Clients include Heineken, Microsoft, Samsung, Haleon, KFC, John Lewis Partnership and more. ITG employs over 2,000 people throughout its global offices and its Storyteq platform is recognized by Gartner as a global Leader.

About Sundogs
Sundogs was founded by Ben Jones, who pioneered creative guidance as the founder of Unskippable Labs at Google, and entrepreneur Jonathan Savitch, who brought rich content to flight shopping at Routehappy, and acquired by ATPCO. Leveraging the power of creative storytelling, data, and AI, Sundogs delivers outstanding creative, backed by its team of Cannes-winning creatives, leading data scientists, and content strategists.

Inspired Thinking Group (ITG) Logo

Photo – https://mma.prnewswire.com/media/2654277/Inspired_Thinking_Group__ITG_x_Sundogs_announce_strategic_partnership.jpg
Logo – https://mma.prnewswire.com/media/2643068/Inspired_Thinking_Group_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/itg-and-sundogs-partner-to-transform-creative-efficacy-through-ai-302415982.html

Advertisement
Continue Reading

Fintech PR

Repurchases of shares by EQT AB during week 13, 2025

Published

on

repurchases-of-shares-by-eqt-ab-during-week-13,-2025

STOCKHOLM, March 31, 2025 /PRNewswire/ — Between 24 March 2025 and 28 March 2025 EQT AB (LEI code 213800U7P9GOIRKCTB34) (“EQT”) has repurchased in total 571,000 own ordinary shares (ISIN: SE0012853455).

The repurchases form part of the repurchase program of a maximum of 4,931,018 own ordinary shares for a total maximum amount of SEK 2,500,000,000 that EQT announced on 11 March 2025. The repurchase program, which runs between 12 March 2025 and 16 May 2025, is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 and the Commission Delegated Regulation (EU) No 2016/1052.

EQT ordinary shares have been repurchased as follows:

                                   

                                   

Date:

                                   

Aggregated volume

(number of shares):

                                   

Advertisement

Weighted average

 share price per day

(SEK):

                                   

Aggregated

 transaction value

 (SEK):

                                               

                                   

24 March 2025

Advertisement

 

106,000

331.7656

 

 

35,167,153.60

 

                                   

25 March 2025

 

Advertisement

110,000

328.5135

 

 

36,136,485.00

 

                                   

26 March 2025

 

115,000

Advertisement

321.9059

 

 

37,019,178.50

 

                                   

27 March 2025

 

115,000

311.4573

Advertisement

 

 

35,817,589.50

 

                                   

28 March 2025

 

125,000

313.7998

 

Advertisement

 

 

39,224,975.00

                                   

Total accumulated

over week 13

 

571,000

321.1303

 

Advertisement

 

183,365,381.60

 

                                   

Total accumulated

during the

repurchase program 

 

1,440,966

317.4781

Advertisement

 

 

457,475,190.19

 

All acquisitions have been carried out on Nasdaq Stockholm by Skandinaviska Enskilda Banken AB on behalf of EQT.

Following the above acquisitions and as of 28 March 2025, the number of shares in EQT, including EQT’s holding of own shares is set out in the table below.

                                   

Ordinary shares

         Class C shares1                           

 

Advertisement

                                   

Total

                                               

                                   

Number of issued

shares2

 

1,241,510,911

496,056

 

Advertisement

 

1,242,006,967

 

                                   

Number of shares

owned by EQT AB3 

 

61,365,157

 

Advertisement

 

61,365,157

 

                                   

Number of outstanding 

shares

 

1,180,145,754

496,056

 

Advertisement

 

1,180,641,810

 

1) Carry one tenth (1/10) of a vote
2) Total number of shares in EQT AB, i.e. including the number of shares owned by EQT AB
3) EQT AB shares owned by EQT AB are not entitled to dividends or carry votes at shareholders’ meetings

A full breakdown of the transactions is attached to this announcement.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/repurchases-of-shares-by-eqt-ab-during-week-13–2025,c4128158

The following files are available for download:

https://mb.cision.com/Main/87/4128158/3357232.pdf

Advertisement

EQT Transactions 20250324 to 20250328

https://news.cision.com/eqt/i/eqt-ab-group,c3393539

EQT AB Group

View original content:https://www.prnewswire.co.uk/news-releases/repurchases-of-shares-by-eqt-ab-during-week-13-2025-302415976.html

Continue Reading

Fintech PR

K9 Finance DAO Joins Google for Startups Cloud Program

Published

on

k9-finance-dao-joins-google-for-startups-cloud-program

PANAMA CITY, March 31, 2025 /PRNewswire/ — K9 Finance DAO, the leading liquid staking platform and largest validator on the Shiba Inu Layer-2 blockchain, Shibarium, is joining the Google Cloud for Startups Program, which will allow it to utilize Google Cloud credits and access Google Cloud’s infrastructure and technologies.. This will power the development of critical infrastructure on Shibarium by enhancing the ecosystem’s scalability, security, and liquidity through innovative decentralized finance (DeFi) solutions. Additionally, K9 Finance DAO’s membership in the Google for Startups Cloud Program will support the creation of AI-powered DAO governance and operational tools, such as an AI agent to streamline community participation, further strengthening K9 DAO’s role in the Shiba Inu ecosystem.

“We’re honored to join the Google for Startups Cloud Program,” said Buzz, K9 DAO lead. “This accelerates our mission to bring advanced decentralized finance tools to Shibarium’s infrastructure. It also gives significant room to innovate in the AI sector for the Shiba Inu community.”

K9 Finance DAO enables users to stake their BONE tokens, receiving liquid tokens in return that unlock a range of DeFi opportunities while keeping assets accessible.

As the largest validator on Shibarium, K9 Finance DAO secures the network with over 2.5 million BONE tokens delegated to its validator, maintaining a perfect 100% uptime, according to Shibarium’s validator data. This leadership role reinforces Shibarium’s decentralization and reliability. Additionally, K9 Finance holds the highest Total Value Locked (TVL) on Shibarium, currently at $1.31 million, as reported by DeFiLlama and https://defillama.com/chain/Shibarium, highlighting its dominance in the ecosystem’s DeFi landscape.

K9 DAO has also open-sourced all Shibarium blockchain data using Google’s BigQuery to give further transparency to the ecosystem and give future builders the tools they require to create a decentralized financial future within the Shib Inu community.

About K9 Finance DAO

K9 Finance DAO is the official liquid staking platform and largest validator on Shibarium, committed to advancing DeFi within the Shiba Inu ecosystem. By allowing BONE holders to stake their tokens, earn rewards, and participate in governance with liquid assets, K9 Finance drives innovation and strengthens Shibarium’s infrastructure. Learn more at https://www.k9finance.com.

Photo – https://mma.prnewswire.com/media/2654032/K9_Finance.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/k9-finance-dao-joins-google-for-startups-cloud-program-302415906.html

Continue Reading

Trending