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Nagad promotes mainstreaming of persons with disabilities

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DHAKA, Bangladesh, Dec. 5, 2023 /PRNewswire/ — Nagad, a popular mobile financial service provider based in Bangladesh, is making significant strides to champion the mainstreaming of persons with disabilities – the initiatives that align with the United Nations Sustainable Development Goals (SDGs).

In a commitment to SDG 10, which calls for reduced inequalities, the world’s fastest-growing mobile money operator is actively working towards building a more inclusive financial ecosystem that leaves no one behind.

The MFS company has digitalised disbursements of social safety allowances meant for marginalised and impoverished people, including persons with disabilities, making sure such financial aid reaches actual beneficiaries promptly.

According to the Bangladesh Bureau of Statistics, the nationwide count of individuals with disabilities stands at approximately 4.8 million, with a significantly higher prevalence in villages than in urban areas. In the last four fiscal years up to FY2023-24, the government allocated BDT 8,000 crore – equivalent to around $802 million – for over 9 million such beneficiaries. Every year 75 percent of the total social safety allowances are successfully disbursed through Nagad.

As part of its dedication to SDG 8, promoting decent work and economic growth, Nagad has created opportunities for insolvent persons with disabilities to become its Uddokta (agents) – thus fostering independence and breaking free from reliance on others. In times when support seemed elusive, Nagad stepped forward, becoming a beacon of empowerment for those often marginalised in society.

In terms of SDGs, Bangladesh has had positive outcomes in areas, such as poverty eradication, education, health, employment, gender equality, and financial inclusion, with Nagad being instrumental in speeding up the country’s journey towards achieving SDGs.

On 3 December, the world observed the “International Day of Persons with Disabilities” intending to promote the inclusion of disabled individuals in all facets of society. The forward-thinking mobile financial service provider takes pride in its commitment to improving their lives and livelihoods by ensuring equitable access to financial resources.

Tanvir A Mishuk, founder and managing director of Nagad Ltd., “From the beginning of our journey, we have been working to improve people’s lifestyles by bringing them into the fold of digital financial inclusion. We have also taken initiatives to mainstream persons with disabilities, which resonate with multiple SDGs. By fostering inclusivity, we contribute to a world where financial services are accessible to all, irrespective of ability.”

“We believe that the SDGs can be a stepping stone to reach our goal of Smart Bangladesh by 2041, and Nagad will be a powerful tool,” he added.

About Nagad Ltd (https://www.nagad.com.bd/)

Nagad Limited is one of the leading MFS operators in Bangladesh’s payment industry with 85 million registered customers and an average daily transaction of about USD 112 million. The digital payment platform, known as a successful public-private partnership between Bangladesh Postal Department and the private sector, was inaugurated in 2019 by Prime Minister Sheikh Hasina of the people’s republic of Bangladesh. 

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MIAX Named Best Trading Platform at the Fund Intelligence Operations and Services Awards 2024

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PRINCETON, N.J., Feb. 22, 2024 /PRNewswire/ — Miami International Holdings, Inc. (MIH), owner of Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), MIAX Sapphire, LLC (MIAX SapphireTM), Minneapolis Grain Exchange, LLC (MGEXTM), LedgerX LLC (LedgerX), The Bermuda Stock Exchange (BSX), and Dorman Trading, LLC (Dorman Trading), today announced that MIAX has been named the “Best Trading Platform” at the Fund Intelligence Operations and Services Awards 2024.

“We are honored to be recognized for the second year in a row as recipients of the award for ‘Best Trading Platform,'” said Thomas P. Gallagher, Chairman and Chief Executive Officer of MIAX. “The members of our technology team are regarded as some of the best in the exchange industry and this award is a testament to their talents.”

Since 2016, MIAX has been named a winner every year at the Fund Intelligence Operations and Services Awards. MIAX won the “Most Innovative Technology” for the years 2017 through 2020, received the “Best Options Trading Platform” award for 2021, and the “Best Trading Platform” award for 2022.

“Our in-house built, proprietary technology has been an integral part of MIAX’s successful track record, and we continually evaluate and refine our infrastructure to support the increasing demands of the exchange industry,” said Matthew J. Rotella, Senior Vice President and Chief Technology Officer of MIAX. “MIAX Exchange trading platforms have been fully operational 99.999% of the time since we launched our first exchange in 2012, even as trading volumes have surged and financial markets have experienced multiple periods of elevated market volatility. We remain dedicated to delivering world-class speed and reliability to our customers in 2024 and beyond.”

For over 20 years, the Fund Intelligence Operations and Services Awards have recognized and rewarded the outstanding skills and talents of the vendor community servicing the complex and evolving needs of asset managers and their clients.

About MIAX
MIAX’s parent holding company, Miami International Holdings, Inc., owns Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), MIAX Sapphire LLC (MIAX SapphireTM), Minneapolis Grain Exchange, LLC (MGEX™), LedgerX LLC (LedgerX), The Bermuda Stock Exchange (BSX) and Dorman Trading, LLC (Dorman Trading).

MIAX, MIAX Pearl and MIAX Emerald are national securities exchanges registered with the Securities and Exchange Commission that are enabled by MIAX’s in-house built, proprietary technology. MIAX offers trading of options on all three exchanges as well as cash equities through MIAX Pearl Equities™. The MIAX trading platform was built to meet the high-performance quoting demands of the U.S. options trading industry and is differentiated by throughput, latency, reliability and wire-order determinism. MIAX also serves as the exclusive exchange venue for cash-settled options on the SPIKES® Volatility Index (Ticker: SPIKE), a measure of the expected 30-day volatility in the SPDR® S&P 500® ETF (SPY).

MGEX is a registered exchange with the Commodity Futures Trading Commission (CFTC) and offers trading in a variety of products including Hard Red Spring Wheat Futures. MGEX is a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) under the CFTC, providing DCM and DCO services in an array of asset classes.

LedgerX is a CFTC regulated exchange and clearinghouse and is registered as a Designated Contract Market (DCM), Derivatives Clearing Organization (DCO) and Swap Execution Facility (SEF) with the CFTC.

BSX is a fully electronic, vertically integrated international securities market headquartered in Bermuda and organized in 1971. BSX specializes in the listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants, and insurance linked securities.

Dorman Trading is a full-service Futures Commission Merchant registered with the CFTC.

MIAX’s executive offices and National Operations Center are located in Princeton, N.J., with additional U.S. offices located in Miami, FL. MGEX offices are located in Minneapolis, MN. LedgerX offices are located in Princeton, N.J. BSX offices are located in Hamilton, Bermuda. Dorman Trading offices are located in Chicago, IL.

To learn more about MIAX visit www.miaxglobal.com.

To learn more about MGEX visit www.miaxglobal.com/mgex.

To learn more about LedgerX visit www.ledgerx.com.

To learn more about BSX visit www.bsx.com.

To learn more about Dorman Trading visit www.dormantrading.com.

Disclaimer and Cautionary Note Regarding Forward-Looking Statements
The press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities of Miami International Holdings, Inc. (together with its subsidiaries, the Company), and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer; solicitation or sale would be unlawful. This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

All third-party trademarks (including logos and icons) referenced by the Company remain the property of their respective owners. Unless specifically identified as such, the Company’s use of third-party trademarks does not indicate any relationship, sponsorship, or endorsement between the owners of these trademarks and the Company. Any references by the Company to third-party trademarks is to identify the corresponding third-party goods and/or services and shall be considered nominative fair use under the trademark law.

Media Contact:
Andy Nybo, SVP, Chief Communications Officer
(609) 955-2091
[email protected]

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Pentera Launches Global Partner Program to Accelerate Growing Channel

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Pentera’s program empowers ecosystem partners to accelerate their growth across more than 50 countries globally

BOSTON, Feb. 22, 2024 /PRNewswire/ — Pentera, the leader in Automated Security Validation, today announced the launch of its new Partner Program. The global program reinforces Pentera’s channel-first go-to-market strategy and offers its channel partners a more lucrative and systematic approach to creating, managing, and growing sales opportunities.

From the moment they join the program, Pentera partners have access to the company’s complete portfolio of award winning Automated Security Validation solutions, including Pentera Core, Pentera Surface, RansomwareReady™, and Credential Exposure. Pentera’s one-day Proof of Value (PoV), empowers partners to rapidly prove product value, and shorten traditional sales cycles to drive revenue.

“Partnering with Pentera was an excellent decision. Their swift response times and efficient onboarding have made collaboration smooth sailing,” said Alexander Stemper, VP of Security Sales at NTT DATA Deutschland. “Pentera’s automated security validation solution integrates seamlessly into our offering and has strengthened our ability to shield our clients from evolving threats. We are excited for the new partner program and looking forward to the next chapter of our successful partnership to protect businesses worldwide.”

The Pentera Partner Program meets a range of partner needs while rewarding them for the value they deliver throughout the customer lifecycle. The program is based on three tiers of participation – Associate, Premier, and Elite. Each tier offers progressively more lucrative financial incentives and discount structures, as well as more advanced training opportunities, sales tools, and marketing support. The program features:

  • Onboarding sessions, including in-person and online sales and technical workshops
  • Deal registration incentives and price protection
  • Personal training and certification program options
  • A digital resource portal, including sales toolkits, email templates, materials for co-branding, demos, and on-demand trainings
  • Access to demo and lab environments
  • Access to PoV licenses

Pentera has been doubling its business year-over-year since going to market in 2018. The company is a global market leader with customers in over 50 countries and regional offices across 18 countries in North America, EMEA, APAC, and LATAM.

“Since going to market, Pentera has established itself as the unquestioned leader in Automated Security Validation across every metric,” said Kirt Jorgenson, VP Global Channel at Pentera. “The introduction of the Pentera Global Partner Program represents a significant investment from Pentera in the success of its partners and will enable our partner ecosystem to play an even larger role in our channel-first go-to-market strategy. As Pentera continues to grow, we will continue to increase our investment in the channel to power the mutual growth of both Pentera and our global partner ecosystem.”

About Pentera

Pentera is the category leader for Automated Security Validation, allowing every organization to test with ease the integrity of all cybersecurity layers, unfolding true, current security exposures at any moment, at any scale. Thousands of security professionals and service providers around the world use Pentera to guide remediation and close security gaps before they are exploited. For more info, visit: pentera.io

Media contact for Pentera
Noam Hirsch
Senior PR Manager
[email protected]

 

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SOUTH AFRICAN MOBILE OPERATORS ANNOUNCE NEW SERVICES TO COMBAT FRAUD, AS PART OF GSMA OPEN GATEWAY INITIATIVE

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Telecommunications operators Cell C, MTN, and Telkom welcome launch of two universal network APIs, that will be available in South Africa, to help combat fraud and digital identity theft in sectors including banking, finance, insurance, and retail

JOHANNESBURG, Feb. 22, 2024 /PRNewswire/ — As part of the global GSMA Open Gateway initiative, South African operators will now be able to implement world-class Number Verification and SIM Swap – Application Programme Interfaces (APIs) – to coincide with the start of MWC 2024. They will be available to all mobile commerce, financial institutions, and developers to create new services to combat digital fraud and protect South Africa’s 47 million mobile subscribers.

South Africa saw a 24% surge in reported incidents of digital banking fraud in 2022, according to a report published last year by the South African Banking Risk Information Centre (SABRIC). The rise, which resulted in cybercriminals stealing over R740 million from unsuspecting victims, was primarily attributed to the growing number of fraud cases related to banking applications and online banking.

Given the alarming surge in digital banking fraud in South Africa, standardizing APIs by Mobile Network Operators (MNOs) presents a promising avenue for mitigating such threats. By leveraging their infrastructure and expertise, MNOs can enhance security measures within banking applications and online banking platforms. They are also able to implement robust fraud detection and prevention mechanisms, bolstering overall resilience of digital banking systems against cyber threats.

The standardization of APIs allows developers to implement:

  • Number Verification – offers seamless verification of a user’s mobile number by providing the next generation of strong authentication and user experience. It is a simple evolution path for any business that uses mobile numbers and SMS One-Time-Passwords. Instead of relying on SMS, Number Verification can be seamlessly and automatically activated to verify a user’s identity.
  • SIM Swap – used to check whether a given phone number has recently changed SIM cards. This helps to prevent account takeover attacks, in which fraudsters take control of the account owner’s SIM card using social engineering techniques and stolen personal data. For example, at the time of a financial transaction, a financial institution can check whether the relationship between the customer’s phone number and SIM card has recently been changed, helping them to decide whether to approve the transaction or not.

Continue reading the full press release here.

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