Fintech PR
NEC and Ceragon Collaborate to Expand 5G Wireless Backhaul Business Globally


NEC Corporation (NEC) (TSE: 6701) and Ceragon Networks Ltd. (Ceragon) (NASDAQ: CRNT) today announced they have entered into a collaboration agreement to further expand their global wireless backhaul business footprint.
With the increased pace of 5G deployments, networks are becoming more sophisticated and complex, requiring advanced wireless backhaul solutions that resolve 5G network challenges by enhancing network intelligence and simplifying network rollouts. The agreement calls for a development program, wherein the companies will leverage both parties’ rich experience and unique capabilities in microwave and millimeter-wave communications, to develop advanced technologies which will further accelerate innovation and deliver premium cutting-edge solutions for 5G wireless backhaul. NEC and Ceragon will each provide their own differentiated solutions based on these advanced technologies.
“NEC and Ceragon will collaborate to further develop and provide more attractive technologies for communications service providers,” said Akihiko Kumagai, Senior Executive Vice President, NEC Corporation. “NEC has more than 80 years of experience in the microwave radio market, and this partnership is one part of NEC’s long-term commitment to and strategy for the market. It will help NEC to continue to grow as a global leader in the wireless backhaul business,” he added.
“This collaboration reaffirms Ceragon’s commitment to continue aggressively developing next generation technologies,” said Ira Palti, President & CEO of Ceragon Networks. “The agreement will allow Ceragon to increase its market leadership by spearheading innovation that delivers elite technological advancements in the 5G wireless backhaul market, allowing service providers to stay well ahead of the curve.”
SOURCE NEC Corporation; Ceragon Networks Ltd
Fintech PR
Aily Labs Expands Board and Advisory Board with AI and Industry Heavyweights to Accelerate Agentic AI Adoption Across the Fortune 500

- Aily Labs welcomes Amy Chang, a technology visionary and current board member of Disney and Procter & Gamble, to its Board of Directors and Advisory Board, bringing exceptional innovation and technology-scaling leadership
- Joseph Jimenez, Co-Founder and Managing Director of Aditum Bio and former CEO of Novartis, joins Advisory Board offering deep executive leadership expertise in pharmaceutical and CPG
- Derica Rice, former EVP of CVS Health, President of CVS Caremark, and CFO of Eli Lilly joins Advisory Board to guide AI adoption across healthcare, CPG, retail, and more
- Chang, Jimenez, and Rice’s appointments reinforce Aily Labs’ mission to reshape how the world’s most influential companies apply agentic AI at scale for decision-making
NEW YORK, April 24, 2025 /PRNewswire/ — Aily Labs GmbH, pioneer of the first-and-only AI-native Decision Intelligence App for global enterprises, today announced the appointment of Amy Chang to its Board of Directors and Advisory Board and Joseph Jimenez and Derica Rice to its Advisory Board. These appointments mark a bold inflection point as Aily Labs scales its platform globally — powered by an always-on, agentic AI suite, including a new autonomous AI agent designed to deliver forward-thinking, personalized recommendations to corporate leaders — to help enterprises move faster, operate more sharply, and stay ahead.
“Amy, Joe, and Derica are exceptional enterprise business leaders and transformational role models. Welcoming them to Aily Labs exemplifies our shared commitment to build a new category of AI-first decision intelligence for Fortune 500 leaders,” said Bianca Anghelina, Founder and CEO of Aily Labs. “Together, we’re not just augmenting decisions, we’re reshaping how the world’s most influential companies apply AI at scale for decision making.”
Amy Chang Appointed to Aily Labs’ Board of Directors and Advisory Board
Ms. Chang serves on the Boards of Disney and Procter & Gamble (P&G), bringing a proven track record in digital transformation, product innovation, and scaling high-growth technology companies. She was the founder and CEO of Accompany, Inc., acquired by Cisco, where she later led its multi-billion-dollar Collaboration business. Previously, she held board roles at Cisco, Splunk, Informatica, and Marqeta — representing nearly $1 trillion in combined market capitalization.
“It’s an incredibly exciting time to be advising Aily Labs as they stand at the forefront of the AI revolution, transforming all facets of business from finance resource allocation to supply chain optimization – all of it with single-day integration for customers,” said Ms. Chang. “Aily Labs’ vision to shift enterprises from passive data to active, agent-driven action is bold, and I am thrilled to be part of this journey shaping the future of work with agentic AI.”
Joseph Jimenez Appointed to Aily Labs’ Advisory Board
Mr. Jimenez brings decades of executive leadership and healthcare innovation, advising on strategic growth across industries. He currently serves as Co-Founder and Managing Director of Aditum Bio, sits on the Boards of P&G and General Motors, and previously served as the CEO of Novartis.
“As CEO of Novartis, I made capital allocation decisions across dozens of business units. In pharma and biotech, speed and precision save lives. Aily Labs is applying that same urgency and accuracy to enterprise decision-making, using agentic AI to drive faster, smarter outcomes,” said Mr. Jimenez. “This is the AI platform every leadership team needs.”
Derica Rice Appointed to Aily Labs’ Advisory Board
Mr. Rice, former EVP of CVS Health and President of CVS Caremark, brings extensive experience from senior roles in healthcare and finance. Previously at Eli Lilly, he served as EVP and Chief Financial Officer, helping shape long-term corporate strategy. He currently serves on the Boards of Disney, Target, Bristol Myers Squibb, and The Carlyle Group.
“Aily Labs is unlocking a new level of enterprise productivity, enabling people and AI agents to work seamlessly together, eliminate inefficiencies, and act with precision,” said Mr. Rice. “I’m excited to support the scaling of AI decision intelligence across industries, where it has the potential to transform how leaders operate, prioritize, and deliver impact at speed.”
Aily Labs
Aily Labs transforms business needs into applied AI use cases, embedding them into an easy-to-integrate, simple-to-use app. Its AI-powered platform and AI agent suite combine the latest advancements in large language models and business data with AI decision intelligence to supercharge enterprises with real-time insights and actionable data. This intuitive platform enables Fortune 500 organizations to achieve unmatched efficiency, drive innovation, and fuel unstoppable growth.
Founded in 2020, Aily Labs is an AI Software company and on a mission to transform ways of working by empowering businesses with meaningful AI. Aily Labs accelerates the digital journeys of large, global organizations, supported by an experienced team of digital specialists and data scientists. For more information, visit ailylabs.com.
Aily Labs Contact
Ken Huang
Ken.Huang@AilyLabs.com
Jessica Muldoon
AilyLabs@ruderfinn.com
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Top 10 Bank Chooses IR to Power High Value Payments Intelligence

SYDNEY, April 24, 2025 /PRNewswire/ — Integrated Research (IR) (ASX:IRI), the world’s most trusted independent provider of observability for business-critical IT ecosystems, today announced that a top 10 global bank has deployed IR’s High Value Payments solution to enable real-time visibility and control across its high value payments environment.
This deployment marks a significant milestone in IR’s growing role in supporting global financial institutions to reduce risk, meet rising regulatory demands, and modernize complex payments systems.
The bank turned to IR to strengthen end-to-end oversight of the hundreds of thousands of high value transactions it processes daily across payment systems including Fedwire, SWIFT and CHIPS. By monitoring payment queues, system performance, and transaction flows in real time, the institution can proactively anticipate issues, minimize delays, and strengthen compliance and liquidity risk management.
“Efficiently processing high value payments is critical to the success of the global financial system – when those transactions are delayed or non-compliant, the consequences are serious,” said Ian Lowe, CEO at IR. “As a top 10 global bank, this client needed more than just monitoring. They needed real-time, actionable insight from origination to settlement across every major clearing network to mitigate risk, stay compliant, and protect their operations. That’s what they get with IR.”
IR will be attending the Nacha Smarter Faster Payments conference in New Orleans from April 27 – 30. Visit booth 1054 for a demo of the High Value Payments solution and discover how IR supports mission-critical payments environments for financial leaders worldwide. Or visit ir.com to find out more.
About Integrated Research (IR)
Integrated Research (IR) is the world’s most trusted independent provider of observability solutions for critical IT infrastructure, payments and communications ecosystems.
IR’s Prognosis platform provides the visibility and insight organizations need to optimize performance of their business-critical technology, deliver exceptional user experiences and drive growth through innovation.
Discover better with IR.
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View original content:https://www.prnewswire.co.uk/news-releases/top-10-bank-chooses-ir-to-power-high-value-payments-intelligence-302436694.html
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Binance Launches Fund Accounts – the First Crypto Exchange Solution Lowering the Entry Barrier to Crypto for Fund Managers

Mirrored on traditional finance account infrastructure, fund managers can now set up omnibus accounts on Binance to streamline investment trading strategies and focus on growth
DUBAI, UAE, April 24, 2025 /PRNewswire/ — Binance, the global blockchain ecosystem trusted by over 270 million users worldwide, today announced Fund Accounts, the first digital asset exchange technological solution for fund managers to facilitate pooling of their investors’ assets to streamline fund management operations and enhance trading efficiency. Powered by Binance’s robust account management infrastructure and technology, Fund Accounts reduces friction for fund managers with a new and efficient way to manage investor capital on the world’s largest cryptocurrency exchange by trading volume.
Mirrored on account infrastructure available in traditional finance, Binance Fund Accounts allows fund managers to consolidate externally-raised investor funds into one or multiple omnibus Fund Accounts based on their preferred trading strategies. This plug-and-play account infrastructure enables fund managers to operate with greater flexibility and efficiency, freeing them to focus on strategy execution to deliver for their investors. Until now, fund managers trading on crypto exchanges could only manage each of their investor’s assets individually in segregated trading accounts, limiting the managers’ ability to streamline and scale for performance as they usually do in traditional fund management.
Bringing TradFi user experience and trust to crypto asset management
Binance Fund Accounts introduce a universal net asset value (NAV) per unit concept widely used in TradFi to provide a clear and trackable profit-and-loss (PnL) for each fund and will address the lack of a common market standard in crypto asset management. The NAV per unit calculation will give transparency to fund managers and their investors, and also ensure that each respective investor is only able to withdraw the assets that they’re entitled to.
Fund managers will have trading capabilities over the fund accounts while deposits and withdrawals are limited to their investors, giving investors the confidence their assets are securely kept on Binance. This will foster trust in the growing crypto asset management sector and remove barriers for emerging fund managers to address counterparty risk concerns of investors.
Investors and fund managers would need to enter into a separate agreement regarding subscription and redemption, ensuring transparency and clarity in the asset management process. This framework is modeled after traditional finance to provide fund managers with more cohesive management of investor capital and reduces complexity, offering fund managers and their investors a TradFi-like user experience they are familiar with.
Head of Binance VIP & Institutional, Catherine Chen, says: “Fund managers are seeking efficient, scalable solutions to adapt their strategies to the ever-evolving crypto landscape. Binance Fund Accounts is a plug-and-play tool that lets fund managers streamline investment management, allowing them to focus on strategy execution and efficient capital deployment. Our technology solution empowers fund managers to offer a more seamless and flexible approach to digital asset management while ensuring that their investors can benefit from the security and deep liquidity Binance is known for. We are excited to continue leading the way in transforming how institutional clients engage with digital assets.“
Key benefits of Fund Accounts include:
- Streamlined Portfolio Management: Fund Accounts significantly reduces the operational complexity associated with managing multiple accounts by consolidating investor assets into a single omnibus account. This enables fund managers to execute strategies more efficiently, reducing time and effort spent on individual account adjustments.
- Flexibility in Strategy Execution: The flexibility to create multiple fund accounts allows managers to deploy different trading strategies tailored to each fund while maintaining an efficient, centralized structure for all investor assets. This enables fund managers to focus on strategic decision-making rather than operational overhead.
- Investor Diversification: With the functionality of setting up multiple fund accounts, fund managers can attract a variety of investors based on their risk appetite and thus set up fund accounts with tailored trading strategies accordingly.
- Net Asset Value (NAV) Per Unit standard: Fund Accounts introduces a universal NAV per unit concept widely used in TradFi to provide a clear and trackable PnL for each fund, setting a common standard for the crypto asset management market. The NAV per unit standard provides transparency for both fund managers and their investors, makes it easier for managers to communicate fund performance, and enables the calculation and tracking of each investor’s entitlement in each investment fund.
- Foster Trust between Fund Managers and Investors: Binance’s robust account management infrastructure ensures investors’ assets are securely kept on the world’s largest crypto exchange, while enabling fund managers flexibility and scalability in their trading execution and operations. This will cultivate trust in the growing crypto asset management sector and remove barriers for emerging fund managers to compete.
- Business Growth and Scaling: Fund managers can now effectively scale up their fund size exponentially without incurring incremental operational costs as the funds are pooled for efficient management and execution. This addresses a long-standing pain point for fund managers when investing in digital assets, given that it is difficult and expensive to scale when managing multiple segregated accounts.
Binance continues to lead the market in meeting demand for solutions that bridge the gap between crypto and TradFi for institutional users. Other first-in-market solutions pioneered by Binance include banking triparty to address counterparty risk concerns, and Binance Wealth which enables wealth managers to support their high-net-worth clients’ crypto journey.
Disclaimer: The products and services referred to herein may be restricted in certain jurisdictions or regions or to certain users, in accordance with applicable legal and regulatory requirements. These materials are intended only for those users who are permitted to access and receive the products and services referred to and are not intended for users to whom restrictions apply. Binance offers the Fund Account function as a purely technological solution to meet the needs of fund managers and investors. Binance is not a party to any contract entered into between the fund managers and investors. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. Past performance is not a reliable indicator of future performance. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.
About Binance
Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 270 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means.
For more information, visit: https://www.binance.com
About Binance VIP & Institutional
Binance VIP & Institutional empowers institutions and private wealth clients with robust asset management infrastructure, personalized VIP services and advanced end-to-end institutional trading tools on the world’s largest cryptocurrency exchange by trading volume and registered users. With deep financial services experience in both traditional and crypto markets, its global team of trusted experts provides VIP & Institutional clients with the support they need to confidently capitalize on the industry’s deepest liquidity and tightest markets.
For more information, visit: https://www.binanceinstitutional.com
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View original content:https://www.prnewswire.co.uk/news-releases/binance-launches-fund-accounts—the-first-crypto-exchange-solution-lowering-the-entry-barrier-to-crypto-for-fund-managers-302437234.html
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