Fintech PR

Almawave (a subsidiary of the AlmavivA Group) Recognized by Frost & Sullivan for its Customer Experience Management Solutions

Published

5 years ago

April 2, 2019

Newsfile

Reading Time: 2 minutes

Based on its recent analysis of the European customer management BPO market, Frost & Sullivan recognises Almawave, a subsidiary of the AlmavivA Group, with the 2019 Enabling Technology Leadership Award in Europe.

While the AlmavivA Group offers a comprehensive set of IT services that embrace complex systems and emerging technologies (the Internet of Things, blockchain, artificial intelligence, and cyber security), Frost & Sullivan notes that Almawave’s modular, people-centered technology platform deserves particular recognition.

Almawave’s natural language conversational solution improves the Customer Experience (CX) in 30 languages through the use of machine and deep learning. In the context of quality monitoring (QM), Almawave technology can analyze 100% of a conversation or pieces of a conversation with a high degree of accuracy. And the company’s robotic process automation (RPA) capabilities can be implemented on the agent desktop in order to help simplify agent interactions. Almawave’s rules-based approach augments business analysis, helping clients solve an array of contact center challenges.

“Almawave leverages technology to push for the transformation of Customer Experience Management while enhancing IT services and solutions,” said Frost & Sullivan analyst Stephen Loynd. “While the AlmavivA Group is already a prominent brand across both Europe and Latin America, Almawave’s profile continues to grow.”

Almawave also offers intelligence and engagement solutions that seek to improve the effectiveness of public services, starting with the voice of the citizen. Its Smart City Control Platform is based on proprietary technology that meets the needs of citizens and institutions alike, via connected devices and Big Data. It’s a set of public administration solutions encompassing healthcare, info-mobility, and tourism.

Almawave’s unique approach to technological innovation includes collaboration with universities, scientific partners, and research institutes, enabling the transfer of ideas from academic research to the practical application of those ideas to industry. Almawave’s work with FBK, a leading European research organization, is evolving rapidly and extends over different areas of artificial intelligence applied to the understanding of interactions of written and spoken natural language. Meanwhile, collaboration with Italy’s University of Trento focuses on advanced research aspects of both ‘human-to-human’ and ‘human-to-machine’ dialog management. Almawave is also a partner of the Data Science Industrial Liaison Program of the La Sapienza University of Rome and is involved in several European research projects in the same fields.

“While Almawave develops its own artificial intelligence (AI) capabilities, the company also partners with larger tech giants when appropriate,” added Loynd. “Its partnership with Microsoft Azure is an excellent example, a case where combined strengths result in creative solutions for clients.”

Each year, Frost & Sullivan presents this award to a company that has developed a pioneering technology that not only enhances current products, but also enables the development of new products and applications. The award recognizes the high market acceptance potential of the recipient’s technology.

Frost & Sullivan Best Practices awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

SOURCE Frost & Sullivan

Fintech PR

Shareholders request EGM to appoint new Board of Directors of B2 Impact ASA

Published

40 mins ago

November 28, 2023

CISION (PR Newswire)

OSLO, Norway, Nov. 28, 2023 /PRNewswire/ — Shareholders representing approximately 24% of the shares and votes of B2 Impact ASA request an Extraordinary Shareholders Meeting to elect new Board of Directors.

A group of shareholders in B2 Impact ASA (the “Company”) including the founding partner Jon Harald Nordbrekken and associated companies; Valset Invest AS and F2Kapital AS together with Gulen Invest AS (the “Shareholders”) have today, in accordance with section 5-7 (2) of the Norwegian Public Limited Liability Companies Act, jointly requested that the board of directors of the Company convenes an Extraordinary General Meeting in the Company to resolve on the election of new members of the Board until the next annual general meeting in 2024. Prioritet Group AB, the largest shareholder in the Company also supports the request for appointment of a new board. Jointly, the request is put forward by shareholders representing approximately 24% of the Company’s shares.

Following the election, the new board is proposed to be composed of four new Directors, including Anders Engdahl as Chairman, Jon Harald Nordbrekken as Vice Chairman, Ellen Hanetho as Director, Nils Wiberg as Director and re-election of Jessica Sparrfeldt.

“I am very pleased that we are able to propose such an experienced board with over hundred years of combined industry experience. The debt collection industry is facing a number of critical challenges posed by rising interest rates, inflation as well as rapid technological change. At the same time, it also presents a number of attractive opportunities as many competitors struggle to adapt to this new environment. For B2 Impact ASA to capitalize on these opportunities we believe it is the right time to appoint new leadership and for the owners to take a more active role in the transformation of the business. To support this change, I will assume an active role on the Board of Directors to help realize the full potential of the business,” says Jon Harald Nordbrekken, founding partner and shareholder of B2 Impact ASA.

The Shareholders are of the view that the Company needs to reconsider its strategy and focus on the following core areas:

Reduce Cost and Complexity: Structurally reduce group common and local overhead costs through simplified decentralized governance and removing all non-value added activities.
Enhance Focus: Reduce geographic footprint, build volume and leverage in-market scale. Going forward, the company should focus on collection of unsecured consumer receivables.
Reduce Indebtedness: Adopt capital light strategy including a partnership with an international investment fund to invest in portfolios outside the Company’s balance sheet, release capital, reduce indebtedness and interest expenses and drive servicing fees.
Invest in Technology: Accelerate digital adoption by investing into modern collection system technology that could substantially lower cost-to-collect through automated workflows and smarter processes.
Deliver Profitable Growth: Create profitable organic servicing revenue growth through co-operation with portfolio investors and banks in selected markets as well as acquisitions of businesses that allow the Company to leverage economies of scale.

“I am honoured and excited to be proposed as new Chairman of B2 Impact ASA. I expect to work closely with the new Board of Directors and management to lead the re-orientation of the Company. I believe that if adopting a capital light strategy, the Company is well positioned to take advantage of the emerging opportunities and supportive NPL cycle that can deliver substantial value to shareholders over next few years,” says Anders Engdahl, proposed Chairman of the Board.

In addition, it has been proposed that the following members shall be elected to the Nomination Committee until the annual general meeting in 2024: Frode Foss-Skiftesvik as Chairman, Kjetil Andreas Garstad as Member and Niklas Wiberg as Member.

Background on the proposed board members:

Anders Engdahl, Chairman

Anders Engdahl is a seasoned NPL investment and servicing executive with over 25 years financial services experience. Until Aug 2022, Anders was the CEO of Intrum AB, Europe’s largest debt collector where he spent in total eight years in several roles including CEO, CFO and CIO. Prior to joining Intrum, Anders was Managing Director at Morgan Stanley’s Financial Institutions Group. Anders started his career with Goldman Sachs in London in 1997. He graduated with an M.Sc. In Economics and Managerial Finance from the Stockholm School of Economics.

Jon Harald Nordbrekken, Deputy chairman and board member

Jon Harald Nordbrekken is a founder and the third largest shareholder in B2 Impact ASA. After four years as CEO of Intrum Justitia Norway, Nordbrekken founded Aktiv Kapital in 1991, where he stayed on as CEO until 1999 and as Chair from 1999 to 2004. In 2005, he founded B2Holding AS, now B2 Impact ASA, parent to both Gothia Financial Group and Bank2. Gothia was sold to Herkules in 2008 and Nordbrekken stepped down as Chair of the Board of Bank2 in 2010, before establishing the “new” B2Holding the following year. Nordbrekken was the Chair of the Board of B2 Impact ASA until 2020.

Ellen Hanetho, Board member

Ellen Merete Hanetho has 20 years of experience from investment banking and private equity as a finance and business development executive in corporations such as Frigaard Invest, Credo Partners, Goldman Sachs Investment Banking Division in London and the Brussels Stock Exchange and Citibank in Brussels. She is founder and chairperson of Cercis, a cleantech investment company established in 2020. Ellen holds a BSBA from Boston University, US and an MBA from Solvay University, Belgium in addition to executive training from INSEAD, France and Harvard Business School, US.

Nils Wiberg, Board member

Nils Wiberg is the founder and CEO of Prioritet Group AB. Nils has a very long and solid career within the financial services industry. Nils joined Nordbanken 1986 (currently Nordea) and became CEO of Nordbanken Inkasso focused on debt collection and debt restructuring within the private and corporate sector. Nils was with Nordbanken until 1997. In 1981 Nils founded Prioritet Group which focuses on financial services and asset management. Prioritet Group is the largest shareholder of B2 Impact ASA and wholly owned by Nils Wiberg.

View original content:https://www.prnewswire.co.uk/news-releases/shareholders-request-egm-to-appoint-new-board-of-directors-of-b2-impact-asa-301998953.html

Fintech PR

Runergy Ranked as a BloombergNEF Tier 1 PV Module Manufacturer

Published

40 mins ago

November 28, 2023

CISION (PR Newswire)

runergy-ranked-as-a-bloombergnef-tier-1-pv-module-manufacturer

SHANGHAI, Nov. 28, 2023 /PRNewswire/ — Runergy has achieved a significant milestone by being included in the latest BloombergNEF Tier 1 PV Module Manufacturers list for Q4 of 2023. This recognition is a testament to the exceptional quality and reliability of Runergy’s products, its outstanding performance in global projects, and its strong bankability.

BloombergNEF (BNEF) is renowned as one of the most reputable industry research institutions in the global new energy sector. BNEF has developed a tiering system for PV module products based on bankability, with the goal of creating transparent differentiation between the hundreds of manufacturers of solar modules on the market. To qualify as a Tier 1 PV module manufacturer, companies must demonstrate the production of self-owned brand PV modules for six different projects, financed by six different commercial banks.

Runergy’s high-efficiency N-type double-glass module products are built on the latest generation of ultra-high efficient N-type cell technology developed by the Photovoltaic R&D Institute established by Runergy. These modules offer several advantages, including lower LCOE, better BOS cost, higher power efficiency, and are widely utilized in large-scale ground-mounted projects and tracking systems, C&I projects, and residential roofs. Runergy is committed to meeting the diverse needs of global customers and delivering higher returns for them. Since entering the PV module business in 2022, Runergy’s module products have been exported to numerous countries and regions worldwide, with increasing shipments. The company has established extensive partnerships in key markets such as the United States, South America, Europe, and Southeast Asia, and has implemented PV power projects in various locations. One of Runergy’s flagship products is the N-type Double Glass 144-Piece Module, which has received recognition as the RETC “Overall Highest Achiever”, demonstrating exceptional performance in rigorous tests of quality, performance, and reliability.

Currently, Runergy is strategically expanding its vertical industrial chain, covering polysilicon, cells, modules, and power systems. The company has established independent production sites in multiple locations worldwide. Runergy implements stringent management practices in intelligent manufacturing, quality control, and after-sales support to ensure the delivery of efficient and high-quality products and services to customers, with the commitment of becoming the most reliable global solar solution partner. In response to the global energy transformation and evolving market trends, Runergy will accelerate the development of its entire industry chain, focus on module business growth, and establish a stable and trustworthy module production supplier brand.

Photo – https://mma.prnewswire.com/media/2286967/image_5027829_29292431.jpg

View original content:https://www.prnewswire.co.uk/news-releases/runergy-ranked-as-a-bloombergnef-tier-1-pv-module-manufacturer-301998949.html

Fintech PR

Bybit Celebrates 5 Years of Disrupting the Game with 20 Million Users Milestone

Published

40 mins ago

November 28, 2023

CISION (PR Newswire)

bybit-celebrates-5-years-of-disrupting-the-game-with-20-million-users-milestone

DUBAI, UAE, Nov. 28, 2023 /PRNewswire/ — B ybit, a top-three crypto exchange, is pleased to announce a new milestone in its growth journey: surpassing 20 million registered users. This landmark underscores Bybit’s position at the forefront of the crypto industry, celebrating its 5th anniversary this December.

Since its inception, Bybit has offered innovative trading solutions, user-friendly platforms, and 24/7 customer service in multiple languages. The achievement of over 20 million registered users is a testament to the trust and confidence the global trading community places in Bybit.

“Bybit has proved itself as a safe, highly effective crypto hub,” said Ben Zhou, co-founder and CEO. “Reaching 20 million registered users is not just a number for us; it represents the faith and enthusiasm of a community that believes in the potential of crypto and trusts Bybit as their preferred platform.”

Bybit attributes its rapid growth to its constant innovation in the crypto space, including introducing AI-powered trading bots, a sophisticated options market, and a thriving copy trading community. Prudent risk management and enhanced AML compliance have led Bybit to gain licenses in the UAE, Kazakhstan, and Cyprus.

“We are more than just a trading platform; we are the Crypto Ark and a gateway to Web3: the next generation of the internet,” added Ben Zhou. “Our commitment to our users remains stronger than ever, and we look forward to introducing more innovative features and services in the near future.”

As Bybit continues to expand its offerings and reach new heights, the company is poised to play a pivotal role in shaping the future of the crypto industry.

#Bybit #TheCryptoArk #High5Bybit

About Bybit

Bybit is a top-three cryptocurrency exchange by volume with 20 million users established in 2018. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For media inquiries, please contact: [email protected]

For more information please visit: https://www.bybit.com

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