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Riyadh Airports Company selects Cognizant to help enhance its digital transformation

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TEANECK, N.J., Dec. 27, 2023 /PRNewswire/ — Riyadh Airports Company (RAC) has appointed Cognizant to enhance the capabilities of RAC’s Enterprise Resource Planning (ERP) and business processes automation capabilities. The collaboration aims to revolutionize digital capabilities in the domains of finance, human resources, procurement, and planning, ultimately enhancing the traveler experience.

As RAC plays such an important role in shaping Saudi Arabia’s global image and is a key player in the country’s plans for the Saudi Vision 2030, Cognizant will help to improve RAC’s digital transformation by implementing cutting-edge automation and enterprise applications. This collaboration marks a significant step in RAC’s quest for efficiency, excellence, and seamless consumer satisfaction.

In the initial phase, Cognizant will leverage the SAP Appian framework to establish a robust process automation for airport operations. SAP has established a global standard for enterprise ERP software; and by complementing existing SAP and Appian programs, Cognizant will assist RAC in enhancing its back-office functions to streamline operations and elevate traveler satisfaction.

Saudi Arabia anticipates welcoming over 100 million visitors by 2030, and an important aspect of RAC’s strategy is the integration of smarter processes and advanced automation to reinforce its position as the busiest airport in the country.

“Establishing a strategic partnership with Cognizant is a transformative milestone for RAC,” said Mr. Osama Al Fawaz, Chief of ICT at RAC. “Cognizant’s expertise in automation and enterprise applications perfectly aligns with our aspirations, empowering us to extend a warm welcome to the world. Together, we are dedicated to creating an experience that benefits the airport’s stakeholders, business partners and airlines, further solidifying Saudi Arabia’s position as a leading global aviation destination.”

Tarek Zarg El Aioun, Saudi Arabia General Manager at Cognizant, commented, “Our collaboration with RAC exemplifies Cognizant’s commitment to helping raise global standards in digital engineering, airport operations, and customer experience within the aviation industry.” “We are excited to contribute to RAC’s vision for a technologically advanced and efficient airport management, enhancing the overall passenger and airline experience through innovative solutions.”

About Riyadh Airports Company

Riyadh Airports Company was established as a part of the privatization program of the aviation sector in Saudi Arabia. Riyadh Airports is now managing and operating King Khalid International Airport (KKIA) in the Saudi capital and is working on upgrading the KKIA infrastructure and expanding with new services and facilities. We in Riyadh Airports are committed to working closely with our partners and stakeholders on both local and global levels, to ensure that consumer satisfaction is exceeded by pleasant, safe, and efficient services.

  • Company: Riyadh Airports Company
  • Headquarters: Riyadh, Saudi Arabia
  • Industry: Logistics
  • Overview: Riyadh Airports Company was officially established on March 19, 2015, through a decision of the Board of Directors of the General Authority of Civil Aviation and commenced its operations on July 1, 2016, after it assumed responsibilities of King Khalid International Airport.

About Cognizant 

Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we’re improving everyday life. See how at www.cognizant.com or @Cognizant.

For more information, contact: 

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Americas / EMEA / APJ 

Christina Schneider 

[email protected] 

India 

Rashmi Vasisht 

[email protected]                         

 

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The Payments Group partners with HubPeople to bring cash payments to 100m daters

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Hundreds of online dating apps and sites now accepting cash payments

FRANKFURT, Germany, Nov. 11, 2024 /PRNewswire/ — The Payments Group (TPG), a new global payments company, has announced a deal with online dating giant, HubPeople. HubPeople is an AI-based software platform that powers many of the world’s top dating applications and websites, which have a combined 100m users worldwide. For the first time, anyone using a HubPeople powered dating brand will now be able to pay for their dating subscriptions in cash with TPG’s award winning CashtoCode service. Cash deposits can be made at 550,000 physical POS locations worldwide, including newsagents, petrol stations and supermarkets.

 

HubPeople needed a global payment partner that could help it manage transactions across international borders and in multiple currencies. TPG will initially accept 17 currencies in cash payments. Users can also pay for their dating services/subscriptions with TPG’s evoucher solution, a fast, secure service that closely resembles using an Amazon voucher or gift card.

The dating apps built on the HubPeople platform have a large and highly diverse global customer-base. Providing a new cash payment option was important to HubPeople because cash is still the most used and most widely accessible payment method worldwide. It needed a solution that would work reliably in emerging markets like LATAM and countries like Argentina where card adoption is still relatively low. The new cash option can be used by anyone with access to a smartphone or computer, as a secure, reliable payment solution for cash-first customers and the unbanked.

CashtoCode is also perfect for people who prefer to pay in cash, for privacy or security reasons. Dating subscriptions are often a payment that people want to make discretely. 

“We hope that TPG and HubPeople are a perfect match,” said Nick Orton at HubPeople. “Bringing cash payments to 100m customers is an exciting step for our platform, and we think that our brands will jump at the chance to market their services to a new dating demographic.”

“The cash customer is one of the biggest demographics on the planet,” said TPG founder and CEO, Jens Bader. “Unfortunately, they are often left behind by digital services, but that doesn’t need to be the case.  A CashtoCode integration is like instantly adding 550,000 new checkout options. There is a huge crossover between our USPs and the needs of the dating market. We are global, secure, discrete and reliable. It’s everything you need from a dating app payment method.” 

About The Payments Group
The Payments Group is a German stock-listed holding company that operates four Fintech providers and a venture capital arm based in Frankfurt. Its subsidiaries include Funanga AG (Germany), TWBS Ltd (Malta), Calida Financial Ltd (Malta) and Surfer Rosa Ltd (Isle of Man). The Payments Group Holding (TPG) is a fast-growing, vertically integrated e-Money business. It provides proprietary closed and open loop (branded and white-labelled) prepaid payment services to hundreds of online merchants worldwide. Its highly distinct yet complimentary subsidiary companies combine to position TPG as the future market leader in embedded finance and prepaid solutions.  

TPG employs more than 50 people worldwide. TPG customers can use more than 550,000 point of sale cash payment stations and a global online prepaid card network to process cash and cashless online payments.

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About HubPeople

HubPeople is a leading technology provider specialising in “Dating as a Service” platforms, empowering brand owners to effortlessly launch, market, and grow profitable dating brands. With a robust, cloud-based infrastructure, HubPeople supports thousands of social networks worldwide, delivering seamless solutions that drive high conversion rates, an ever-growing user base, and retention levels unmatched by competitors.

Headquartered in the Isle of Man, with additional offices internationally, HubPeople provides end-to-end services – from technical development and marketing expertise to 24/7 customer support in English and Spanish.

The company’s mission is to create vibrant, multi-dimensional communities for people who want to connect, learn, and feel empowered over a mutual interest. HubPeople is dedicated to creating engaging spaces that encourage meaningful connections, going beyond basic interactions with innovative, community-centred features tailored to niche interests.

HubPeople goes beyond the one-way exchange of user information by constantly innovating new community-based features to inspire engagement and connections that are relevant and meaningful to a particular niche or interest group.

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Newborn Town Joins MISA-Hosted Cultural Dinner at 8th Future Investment Initiative, Exploring New Investment Opportunities

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RIYADH, Saudi Arabia, Nov. 11, 2024 /PRNewswire/ — Newborn Town Inc., a leading global social entertainment company (Newborn Town or the Company, stock code: SEHK 9911), was invited by the Ministry of Investment of Saudi Arabia (MISA), one of the organizers of the 8th Future Investment Initiative (FII) conference, to attend the cultural gala dinner held in the historic city, Diriyah.

The FII conference, held this year from October 29 to 31, drew an impressive assembly of political and business leaders from around the globe, highlighting Saudi Arabia’s growing role in fostering international investment partnerships.

The gala dinner took place at Al-Turaif, a UNESCO World Heritage Site in Diriyah, home to the first capital of the Kingdom of Saudi Arabia. The dinner commenced with an impressive light show that beautifully portrayed the Kingdom’s profound history and vibrant cultural heritage. This was followed by welcome speeches delivered by prominent political and business leaders.

As one of the companies engaged in Saudi Arabia’s Regional Headquarters Program (RHQ), Newborn Town was honored to attend this cultural gathering and involved in profound discussions with esteemed leaders from the political and business sectors. Together, they reflected on the Kingdom’s illustrious past while exploring the dynamic investment opportunities that Saudi Arabia presents today.

Launched in February 2021, the Regional Headquarters (RHQ) Program is a collaborative initiative between the Ministry of Investment of Saudi Arabia (MISA) and the Royal Commission for Riyadh City (RCRC). Its objective is to invite multinational companies to set up their regional headquarters in the Kingdom of Saudi Arabia, underscoring the Kingdom’s commitment to economic diversification and its support for the ambitious “Vision 2030” goals.

Reports indicate that MISA has issued over 540 regional headquarters permits to foreign companies, already exceeding its 2030 target of 500 permits. In September, Newborn Town and MISA held an inauguration ceremony in Riyadh under the theme “To Connect, Explore, and Thrive Together,” celebrating Newborn Town as the first global social entertainment company to establish a regional headquarters in Saudi Arabia while looking forward to a promising future for the local online social entertainment industry.

Since 2017, Newborn Town has steadily expanded its footprint in the Middle East and North Africa (MENA) market, closely attuning to the social entertainment needs of local users. Through refined localization strategies, the company has built a robust ecosystem in MENA, offering a diverse social entertainment apps portfolio.

In late August, Newborn Town hosted the Interim Results presentation themed “The Arabian Nights” in Hong Kong, which embraced a Middle Eastern flair. The event focused on sharing the company’s strategies and achievements in the MENA region. CEO Li Ping said Newborn Town’s sustained investments in MENA over recent years have established substantial market barriers through localized operations. In the first half of 2024, the MENA region accounted for over 50% of Newborn Town’s social networking revenue.

With Vision 2030, Saudi Arabia is embracing vibrant economic growth and abundant investment opportunities. Newborn Town is committed to deepening its presence in Saudi Arabia and other MENA markets, growing alongside these key regions to unlock exceptional business opportunities and foster a prosperous future together.

Beyond commercial success, Newborn Town is dedicated to creating lasting social impact in Saudi Arabia and the MENA region. The company actively upholds its corporate social responsibilities by promoting local employment, supporting vulnerable groups—including children with cancer—and aiding disaster-affected areas. Through these efforts, Newborn Town stands with the community, contributing meaningfully toward realizing Saudi Arabia’s Vision 2030.

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Vantage Markets Wins “Best Multi-Asset Trading Platform” Award at Forex Expo Dubai

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PORT VILA, Vanuatu, Nov. 11, 2024 /PRNewswire/ — Multi-asset broker, Vantage Markets (or “Vantage”) is proud to announce its recent accolade as the “Best Multi-Asset Trading Platform” at Forex Expo Dubai 2024. This esteemed recognition highlights Vantage’s ongoing commitment to delivering a comprehensive and seamless trading experience across a range of asset classes, empowering traders around the globe.

Vantage Markets has been unwavering in its pursuit of trading excellence, continuously enhancing its platform to provide access to forex, indices, commodities, and CFDs, ensuring that traders are equipped with advanced tools and insights for navigating the financial markets. This award underscores the company’s dedication to building a versatile and reliable trading environment for its global user base.

“Over the last 15 years, we have focused on developing a platform that truly meets the demands of today’s traders,” said Marc Despallieres, spokesperson for Vantage Markets. “To be recognised as the ‘Best Multi-Asset Trading Platform’ at such a respected event as Forex Expo Dubai is a proud moment for our team. It reflects our commitment to continuous innovation and our mission to provide a platform that traders can trust and rely on.”

The Forex Expo Dubai is one of the region’s premier events, bringing together brokers, tech leaders, and traders to explore industry advancements and celebrate excellence. Vantage’s recognition at this event reaffirms its role as a leader in multi-asset trading, underscoring its reputation as a trusted choice for traders seeking performance and security.

This award marks another milestone in Vantage Markets’ journey, solidifying its position as a multi-asset broker dedicated to redefining industry standards and delivering a trading environment built for success.

About Vantage

Vantage Markets (or Vantage) is a multi-asset CFD broker offering clients access to a nimble and powerful service for trading Contracts for Difference (CFDs) products, including Forex, Commodities, Indices, Shares, ETFs, and Bonds.

With over 15 years of market experience, Vantage transcends the role of broker, providing a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that empowers clients to seize trading opportunities. Download the Vantage App on App Store or Google Play.

trade smarter @vantage

RISK WARNING: CFD trading carries significant risks. You could lose more than your initial investment.

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