Connect with us
European Gaming Congress 2024

Fintech PR

RISKTHINKING.AI AWARDED 2ND PLACE IN HKMA’S GREEN FINTECH COMPETITION

Published

on

riskthinking.ai-awarded-2nd-place-in-hkma’s-green-fintech-competition

Amongst 85 submissions from 70 companies, innovative climate risk start-up Riskthinking.AI is named a finalist amongst a distinguished group of companies.

TORONTO, Dec. 14, 2023 /CNW/ – Riskthinking.AI, a Toronto-based climate risk data and analytics provider, proudly announces its achievement of securing second place in the Hong Kong Monetary Authority (HKMA) Green Fintech Competition, held as part of the Green and Sustainable Banking Conference.

HKMA announced Riskthinking.AI’s award on December 11, 2023, at its Green and Sustainable Banking Conference. This event brought together more than 300 Hong Kong banks, technology firms, and regulatory authorities focused on accelerating the net-zero transition and investing in climate resilience through innovative technology.

The HKMA Green Fintech Competition was a central focus of the conference. The competition sought market-ready solutions in four categories: Net-zero Transition, Climate Risk Management, Green and Sustainable Finance, and Sustainability or Climate-related Disclosure and Reporting.

Riskthinking.AI was selected among more than 80 applications as the first runner-up in the Climate Risk Management category.

The judging panel was impressed by the company’s solution and its potential to address the pain points of the Hong Kong banking sector,” an HKMA representative said when communicating the result of the competition.

At the conference, Riskthinking.AI showcased its enterprise solution to support Hong Kong market participants in measuring and managing climate-related financial risk. The company’s submission featured its DigitalClimateEarthTwin™, a global platform and modelling engine that includes trillions of physical asset, climate, and economic data points, and VELO®, a web-based product for visualizing and analyzing climate-related financial risk.

HKMA’s recognition of Riskthinking.AI in the Green Fintech Competition underscores its achievement in innovating accessible, comprehensive, and dependable solutions for measuring climate-related financial risk worldwide, including in Asia.

“Riskthinking.AI is humbled and honoured to be placed amongst HKMA’s distinguished group of finalists and to be recognized at such an important event. HKMA’s leadership in sustainable finance and green fintech is admirable and our team is so proud to support institutions in Hong Kong navigate the uncertainty of climate risk.”, said Ron Dembo, Founder and CEO of Riskthinking.AI.”We’re a new Canadian company with big ambitions. Our mission is to reprice financial markets with the full reality of climate change.”

Rather than increase their carbon footprint by making the trip from Toronto, Riskthinking.AI was grateful to be represented at the conference by colleagues from Bloomberg L.P., an official partner of Riskthinking.AI, who are based in Hong Kong.

Advertisement

Riskthinking.AI stands at the forefront of innovation as a leading data and analytics provider dedicated to guiding their customers through the financial impact of the evolving climate.

Sign up for a free trial of VELO on their website: www.riskthinking.ai

ABOUT RISKTHINKING.AI

Founded by financial risk pioneer Dr. Ron Dembo, Riskthinking.AI is a leading data and technology company that is repricing financial risk with the reality of climate change. Their innovative algorithms are used to generate, curate, and maintain a detailed physical asset, infrastructure, and commodities database that covers more than a quarter million companies. This data, combined with Riskthinking.AI’s patented stochastic and multifactor climate risk analytics, empowers financial institutions, corporates, and governments to capture unforeseen impacts of climate change that current models miss. Riskthinking.AI has operations in North America and Europe and provides its services globally. For more information, please visit www.riskthinking.ai.

CONTACT: Riskthinking.AI, Dr. Ron Dembo, Founder & CEO, 416-294-3144, [email protected], John White, Managing Director, EMEA, +44 778 0003337, j.white@riskthinking.ai

Photo – https://mma.prnewswire.com/media/2301475/riskthinking_ai_RISKTHINKING_AI_AWARDED_2ND_PLACE_IN_HKMA_S_GREE.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/riskthinkingai-awarded-2nd-place-in-hkmas-green-fintech-competition-302016030.html

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fintech PR

Board the TOKEN2049 Treasure Express With Bybit and Dive Into an $80,000 Prize Pool

Published

on

board-the-token2049-treasure-express-with-bybit-and-dive-into-an-$80,000-prize-pool

DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, set out to make the community’s TOKEN2049 journey more rewarding. Gearing up for the most anticipated blockchain and Web3 event in the region, Bybit is thrilled to announce three bonus events to enable both attendees and remote fans to both be part of the experience.

The winning opportunities are open to both attendees of TOKEN2049 and followers from afar. Through trading and offline events, participants stand to get free tickets, a share of the $80,000 prize pool in airdrops and coupons, and Bybit merchandise.

Event 1: TOKEN2049 Treasure Express 

From now to Sep. 26, 2024, Bybit users may register for the event and complete tasks by depositing and trading assets to earn lucky draw tickets. The wheel of fortune will turn to one of the three prizes:

1. A pair of tickets to TOKEN2049;
2. A share of the airdrop prize pool valued at $50,000 featuring the hottest tokens, including DOGS, PEPE, SOL, XRP, TON and USDT; or
3. Up to 50 USDT in spot coupons.

Even more rewards await in referrals and social media giveaways. For details, visit: TOKEN2049 Treasure Express

Event 2: Share and Unlock

From now to Sep. 30, 2024, unleash your social media magic for a chance to win a 10 USDT spot trading coupon. Share a Bybit blog link and your thoughts on Bybit and Web3. Remember to tag @Bybit_Official and use the hashtag #UnlockWeb3Future and submit the form with us here: #UnlockWeb3Future at TOKEN2049 with Bybit

Event 3: Meet us offline at TOKEN2049

Spot our logo at TOKEN2049 and capture a photo at the Bybit booth (M50) to win Bybit merchandise. Remember to share to your social media channels and use the right hashtag. For details, visit: #UnlockWeb3Future at TOKEN2049 with Bybit

Advertisement

An advocate for a sustainable Web3 ecosystem, Bybit will be featured prominently at TOKEN2049 on a series of keynote panels, thought leadership and community events, and booth M50.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides 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 more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/board-the-token2049-treasure-express-with-bybit-and-dive-into-an-80-000-prize-pool-302240594.html

Continue Reading

Fintech PR

Bybit Expands Global Reach, Receives Formal Consent for Full Authorization in Kazakhstan

Published

on

bybit-expands-global-reach,-receives-formal-consent-for-full-authorization-in-kazakhstan

DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce it’s among the first to be granted consent to a full authorization by the Astana Financial Service Authority (AFSA). This milestone brings Bybit closer to becoming a fully regulated Digital Asset Trading Facility (DATF).

As part of a rigorous process, Bybit Kazakhstan has passed a full AML check, business conduct audit, and detailed compliance inspections. This is part of Bybit’s focus on securing new user opportunities in Kazakhstan and the broader Commonwealth of Independent States (CIS) region.

Kazakhstan has become a key player in the global crypto ecosystem, and we are thrilled to be expanding our services in such a dynamic market,” said Ben Zhou, co-founder and CEO of Bybit. “We are committed to bringing our cutting-edge technology, security, and transparency to crypto traders in Kazakhstan, ensuring they can access the best possible tools and services to thrive in this fast-growing industry.”

Once the full license is in place, Bybit Kazakhstan will offer various digital assets related products and services. The expansion into Kazakhstan aligns with Bybit’s mission to provide reliable and transparent services, catering to the unique needs of crypto traders and investors in the region.

This development follows Bybit’s receipt of its initial operating and custody licenses from AFSA in June 2023, reinforcing its commitment to local regulatory requirements. Bybit’s ongoing efforts to strengthen its presence in Kazakhstan underscore its belief in responsible growth and ensuring a compliant and secure trading environment.

Kazakhstan has quickly emerged as a hub for crypto innovation, and Bybit is proud to play a leading role in fostering this development. For example, Bybit hosted a “Foundations of Blockchain, Web3 and Crypto Exchange Activities” course for Banks of Kazakhstan in 2024. This event was part of Bybit’s drive to make blockchain education more accessible in the CIS region.

By securing this full authorization, Bybit is poised to enhance crypto adoption, provide institutional-grade security, and offer advanced trading features to its growing regional user base.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides 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.

Advertisement

For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/bybit-expands-global-reach-receives-formal-consent-for-full-authorization-in-kazakhstan-302240634.html

Continue Reading

Fintech PR

Integrum ESG and CSRHub enable fund managers to monitor both long-term trends and short-term movements in ESG ratings for companies, across a 10-year time series

Published

on

integrum-esg-and-csrhub-enable-fund-managers-to-monitor-both-long-term-trends-and-short-term-movements-in-esg-ratings-for-companies,-across-a-10-year-time-series

LONDON, Sept. 6, 2024 /PRNewswire/ — Integrum ESG, the leading alternative ESG data provider, has today announced the launch of their Consensus ESG Ratings module.

Just as investors monitor movements in consensus earnings estimates or credit ratings, investors now are aware of the demand for the ability to monitor long-term trends and short-term movements in consensus ESG ratings.

This new feature enables Integrum ESG’s asset manager clients to now see the consensus ESG score for any company, either as an absolute rating or a relative percentile ranking, across a 10-year time series.

These scores will indicate to any investor what the capital markets have ‘priced in’ for a company’s ESG performance, allowing users to quickly understand the market’s view on a company and easily conduct relative ESG analysis on the positions they hold within their Portfolio.

This regularly updated data is provided by CSRHub, the world’s leading provider of consensus ESG ratings. CSRHub has spent years aggregating and normalising a vast range of licensed sources – from large ESG ratings firms such as MSCI, ISS, S&P Global, and Sustainalytics to specialists such as CDP and Better World Companies.

Shai Hill, Founder and CEO of Integrum ESG, commented: “Many investors have told us they want a sense of ‘what is priced in’ in terms of a company’s ESG performance, so they can compare this to what anyone ESG ratings firm is saying. CSRHub is the only firm to have credibly achieved this, thanks to a model refined over years and a vast data lake – so we are delighted to be partnering with them.”

Bahar Gidwani, Co-Founder of CSRHub, added: “Investors need to fine tune their ESG-related investment strategies to improve their returns and better match the preferences of their clients. Combining CSRHub’s expert outside-in, consensus view of ESG with Integrum ESG’s detailed real-time data stream provides a strong solution for these needs.”

About Integrum ESG

Integrum ESG is the leading alternative ESG data and ratings platform for investors, blending human analysis and award-winning artificial intelligence models to capture, verify and display granular and relevant ESG data for analysis and assessment. Their Platform allows clients to dissect ESG scores, real-time sentiment, and more with a variety of unique-to-market features, empowering industry professionals and investors and giving them complete oversight of ESG risk across their portfolio.

For more information, visit www.integrumesg.com

Advertisement

About CSRHub

CSRHub offers the most comprehensive global set of Consensus ESG (Environmental, Social, and Governance) ratings, information, and tools. CSRHub’s business intelligence system measures the ESG business impact that drives corporate and investor sustainability decisions. Founded in 2007, CSRHub covers 56,545 public and private companies, and provides ESG performance scores on over 37,899 companies from 135 industries in 210 countries. Our Big Data platform uses algorithms to aggregate, normalize and weight ESG metrics from 957 sources to produce a strong consensus signal on corporate sustainability performance.

For more information, visit www.csrhub.com

Media Contact
Harish Karunalingam
Integrum ESG
[email protected] 

View original content:https://www.prnewswire.co.uk/news-releases/integrum-esg-and-csrhub-enable-fund-managers-to-monitor-both-long-term-trends-and-short-term-movements-in-esg-ratings-for-companies-across-a-10-year-time-series-302240581.html

Continue Reading

Trending