Fintech PR

GASA Extends Global Anti-Scam Summit (Asia) to Singapore on October 21-22

Published

2 days ago

October 15, 2024

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– Follows the success of the first GASA Asia Summit held in Taipei in 2023 which gathered more than 300 participants from the public and private sectors.
– According to the upcoming GASA Asia Scam Report 2024, nearly half of Asians experience scams at least once a month.

SINGAPORE, Oct. 15, 2024 /PRNewswire/ — The Global Anti-Scam Alliance (GASA) has announced the extension of the Global Anti-Scam Summit (Asia) to Singapore on October 21-22. Supported by the Ministry of Home Affairs (MHA), the Singapore Police Force (SPF) and the Ministry of Digital Development and Information, the Summit is the largest gathering of anti-scam stakeholders across sectors. Participants from across Australia, Hong Kong SAR, India, Japan, Malaysia, New Zealand, Singapore, Taiwan Region, Thailand, The Netherlands, the Philippines, United Kingdom, United States and beyond will focus on the theme “The Network to Defeat a Network,” aiming to foster collaboration and develop strategies to protect the public from scams. Participants can look forward to sharing sessions by private stakeholders and experts from GASA, major global companies like Amazon, Gogolook, Google, Mastercard, and Meta, as well as Government officials, law enforcement agencies, financial authorities, and non-profit organisations.

Ms Sun Xueling, Minister of State, Ministry of Home Affairs and Ministry of Social and Family Development, is the Guest-of-Honour for the event, and will be delivering an opening address. GASA Singapore’s Patron, Mr Tan Kiat How, Senior Minister of State, Ministry of Digital Development and Information & Ministry of National Development, will also launch GASA’s industry awards and engage participants in a fireside chat.

According to the upcoming Asia Scam Report 2024, published by GASA, nearly half of Asians experience scams at least once a month. In Singapore, scams continue to be of grave concern, with more than 26,000 reported cases and more than $350 million lost to scams in the first half of 2024 alone. In other parts of the region, Thailand and South Korea reported the largest increase in scams. Scams are a transnational crime affecting all countries, where criminals act across borders. To address this growing threat, it is essential for governments and industries to unite. Accordingly, the Global Anti-Scam Summit – Asia 2024, supported by the Singapore public sector, will collaborate to combat these growing threats in Asia. Participants include members from the Singapore Chapter, Mastercard as Chair, and Amazon as Vice-Chair, with partners including Feedzai, Gogolook, Google, Meta, Nanyang Technological University, ScamAdviser and Trend Micro.

“Scam cases have risen exponentially in recent years, and is a global problem – no country is spared. Fighting scams requires a collective global effort, and we need to work across borders, with international partners, to be able to disrupt scammers’ operations and protect our local population. International collaborations can range from strengthening operational processes between law enforcement agencies to act against scam syndicates and recover scam proceeds, to collectively raising our security measures and safeguards to prevent scams”, said Ms Sun Xueling, Minister of State, Ministry of Home Affairs and Ministry of Social and Family Development. “I am heartened that our friends and counterparts from all around the world will be taking part in this Summit which is being helmed by Singapore for the first time. The networks we build at this Summit and our understanding of each others’ work processes will enhance our collective response against scams.”

“As we build on last year’s successful summit in Taiwan with Gogolook, we are excited to expand this annual Anti-Scam Summit – Asia to Singapore, where we will continue fostering cross-sector partnerships to tackle the global issue of scams,” said GASA Managing Director Jorij Abraham. “We are honored to collaborate with the Singapore government on this summit. Alongside the event, we are also releasing The State of Scams Asia report, offering a comprehensive analysis of the growing threats across Asian countries.”

Rajat Maheshwari, Chair of GASA Chapter Singapore and Vice President, Security Solutions Mastercard said, “Cybercrime continues to grow aggressively around the world, and a unified approach is key to fighting scam and protecting consumers. The formation of the first Asia chapter of GASA in Singapore not only demonstrates the industry’s willingness to collaborate against cyber fraud, but also showcases Singapore’s success in fostering public-private cooperation to tackle one of the biggest challenges of the day.”

Shze Min Yah, Vice Chair of GASA Singapore Chapter and Public Policy Manager at Amazon, said, “Scams are a cross-industry issue, which is why knowledge sharing and partnerships between stakeholders in the public and private sectors are key to protect consumers.”

Over the two days, keynote speakers and interactive panels will share invaluable perspectives on scam prevention, regulatory advancements, and public awareness campaigns. The speakers include representatives from the Singapore Ministry of Home Affairs and the

Singapore Police Force, as well as leading tech companies such as Amazon, Gogolook, Google, Mastercard, and Meta. Officials from various law enforcement and government agencies will also attend panel discussions under the topic of Artificial Intelligence, Bank Collaboration, Cybersecurity, Data Sharing, Financial Services, Global Collaboration and Telecom & Communication.

The Global Anti-Scam Summit – Asia will also unveil the latest findings from the Asia Scam Report, aimed at raising public awareness of digital scams and laying the groundwork for future policy development and advocacy in global anti-scam initiatives and AI applications. In addition to the Asia Scam Report, area-specific reports will also be distributed, offering an in-depth exploration of the scam landscape in Japan, Hong Kong SAR, Malaysia, South Korea, Taiwan Region, Thailand and the Philippines.

The event taking place at Suntec Singapore on October 20-21, will offer both in-person and virtual participation. To be part of the Global Anti-Scam Summit – Asia, please visit the official website: https://www.gasa.org/gass-2024-asia

The release is sent by Constellar on behalf of Global Anti Scam Alliance (GASA) Singapore Chapter.

To attend the Summit, please RSVP to [email protected].

About GASA

The Global Anti Scam Alliance’s (GASA) mission is to protect consumers worldwide from scams by raising awareness, enabling hands-on tools, facilitating knowledge sharing, organizing research, and offering training and education.

For more information, please refer to: https://www.gasa.org/

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Fintech PR

FP Markets Team Attends Forex Expo Dubai 2024 And Brings Home Two Awards

Published

5 hours ago

October 16, 2024

CISION (PR Newswire)

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SYDNEY, Oct. 16, 2024 /PRNewswire/ — FP Markets, a global multi-asset Forex and CFD broker, participated in the Forex Expo Dubai 2024 earlier this month. The largest trading event in the Middle East took place in Dubai, UAE, from 7-8 October and drew an impressive 18,000 visitors this year.

The FP Markets Team was invited to participate in two segments: ‘Future Trends in Financial Technology’ and ‘Women in Forex’. Martin Stoilov, Head of Customer Experience at FP Markets, delivered an insightful talk on how Artificial Intelligence and the human element can work together to create authentic customer experiences. Additionally, and as part of the event’s newly-inaugurated segment ‘Women in Forex’, Global Head of Marketing, Andria Phiniefs, led a panel discussion on the crucial part women play in the industry, the challenges they face, and how they can be empowered to take on more leadership roles.

The event concluded with an awards ceremony on Tuesday evening during which the FP Markets Team received two outstanding achievement accolades. Andria Phiniefs was recognised as ‘Mentor of the Year’, and the FP Markets Research Team, headed by Market Analyst Aaron Hill, was presented with the ‘Excellence in Technical Analysis’ award.

Commenting on FP Markets’ presence and achievements at the Forex Expo Dubai 2024, Global Head of Marketing, Andria Phiniefs, stated: ‘For the Team to be invited to talk as experts in their respective fields, as well as awarded for outstanding contributions, is testament to our brand’s culture. We are proud to be part of an ecosystem that encourages agility and adaptability, pushing the boundaries of innovation forward. At FP Markets, our belief in the power of knowledge extends to both our Clients and Team: knowledge sharing happens internally and externally. Striving to be more than just another broker, all our efforts will continue to focus on furthering our Clients’ trading knowledge and delivering a superior investing experience’.

Notes to Editors

About FP Markets:

FP Markets is a Multi-Regulated Forex and CFD Broker with over 19 years of industry experience.
The company offers highly competitive interbank Forex spreads starting from 0.0 pips.
Traders can choose from leading powerful online trading platforms, including FP Markets’ Mobile App, MetaTrader 4, MetaTrader 5, WebTrader, cTrader, Iress and TradingView.
The company’s outstanding 24/7 multilingual customer service has been recognised by Investment Trends and awarded ‘The Highest Overall Client Satisfaction Award’ over five consecutive years.
FP Markets was awarded ‘Best Value Broker – Global’ for six consecutive years (2019, 2020, 2021, 2022, 2023, 2024) at the Global Forex Awards.
FP Markets was awarded the ‘Best Broker – Europe‘ and the ‘Best Forex Partners Programme – Asia‘ at the Global Forex Awards (2022, 2023, 2024).
FP Markets was awarded ‘Best Trade Execution’, and ‘Most Trusted Broker’ and ‘Best Trade Execution’ at the Ultimate Fintech Awards in 2022 and 2023, respectively.
FP Markets was crowned ‘Best CFD Broker – Africa‘ at the 2023 FAME Awards.
FP Markets was awarded ‘Best Trade Execution’ and ‘Most Transparent Broker’ at the Ultimate Fintech Awards APAC 2023.
FP Markets was awarded the ‘Best Price Execution’ at the Brokersview Awards 2024, Singapore.
FP Markets was awarded the ‘Best Trading Experience – Africa‘ at the FAME Awards 2024.
FP Markets was awarded ‘Most Transparent Broker’ and ‘Best Trading Conditions’ at the Global Ultimate Fintech Awards 2024.
FP Markets was awarded ‘Best Forex Spreads APAC’ and ‘Best Trading Experience APAC’ at the 2024 Finance Magnates Pacific Summit.
FP Markets regulatory presence includes the Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA) of South Africa, the Financial Services Commission (FSC) of Mauritius, the Cyprus Securities and Exchange Commission (CySEC), the Securities Commission of the Bahamas (SCB), and the Capital Markets Authority (CMA) of Kenya.

For more information on FP Markets’ comprehensive range of products and services, visit https://www.fpmarkets.com/

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Fintech PR

Birla Carbon Announces the Launch of its first Asia Post Treatment Plant in India

Published

7 hours ago

October 16, 2024

CISION (PR Newswire)

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The state-of-the-art plant will provide specialty products for the coatings and inks markets from India

MUMBAI, India, Oct. 16, 2024 /PRNewswire/ — Birla Carbon, one of the leading manufacturers and suppliers of high-quality carbon-based solutions, announced the launch of its first Asia Post Treatment (APT) Plant in India. The brownfield initiative is located at the Patalganga unit, in the state of Maharashtra, India. This cutting-edge facility, equipped with the latest treatment technology, is set to revolutionize the carbon black industry by offering the highest levels of flexibility, efficiency, and precision. The plant will serve the fast-growing demand for high-performance carbon black grades in key industries like coatings and inks.

Sharing his thoughts on the launch, Rajeev Sonthalia, Director, Birla Carbon, said, “The launch of the Asia Post-Treatment Plant at Patalganga marks a significant milestone in Birla Carbon’s journey toward creating and deploying cutting-edge technology solutions for our customers. Asia is an emerging market for the carbon black industry and the strategic location of this plant will encourage innovation with our partners.” He further added, “This brownfield facility will enable Birla Carbon to leverage its global reactor capabilities, operating at the highest yields and efficiency. The precision in the manufacturing technology ensures that our products meet the highest standards of quality and performance, catering to the specific needs of our diverse customers, both regionally and globally. And by doing so, we enrich the lives of our consumers and inspire trust with our partners.”

The Asia Post Treatment Plant facility’s advanced technology ensures precise control over reaction times, facilitating the production of ultra-high-performance grades that are tailored to specific customer needs. With its ability to meet stringent clean product standards, the APT facility offers a distinct advantage over traditional products, positioning Birla Carbon as a market leader in delivering sustainable, high-quality solutions.

Sharing his thoughts on this new milestone, John Loudermilk, President and Chief Executive Officer, Birla Carbon, said, “The launch of our Asia Post Treatment Plant reflects our long-term commitment towards the industry and the businesses we serve. This facility enables us to support our customers more effectively while reinforcing Birla Carbon’s position as a thought leader in developing sustainable, high-performance carbon-based solutions for the future.” He further added, “This treatment facility strengthens our commitment to meeting global demand in high-growth sectors and leading the carbon black industry towards greater sustainability and efficiency. By prioritizing innovation and sustainability in every aspect of our operations, we are not just responding to current needs; we are anticipating future demand and setting new standards for quality, reliability, and environmental responsibility. Thus living our purpose to ‘Share the Strength’”.

In addition to its broader range of applications, including packaging inks and automotive and industrial coatings, the ATP facility is strategically designed to tap into niche markets such as toys and tool coatings, where the demand for low PAH products is rapidly growing.

Located in Patalganga, India, the plant provides key advantages such as proximity to emerging Asian markets. It serves as a key backup to Birla Carbon’s North Bend facility in the USA.

About Birla Carbon

Birla Carbon is one of the leading global suppliers of carbon-based solutions. As one of the flagship businesses of the leading Indian multinational conglomerate, the Aditya Birla Group, Birla Carbon provides innovative, sustainable carbon black solutions that enhance the performance of paints and coatings, inks and toners, plastics, adhesives, sealants, textile fibers, mechanical rubber goods, and tires, Energy Systems, Carbon Nanotubes, and Sustainable Carbonaceous Material. The company operates in 14 countries, boasting 17 manufacturing facilities and three cutting-edge technology centers in Marietta (USA), Taloja (India), and Sambreville, Belgium, showcasing forefront innovation in the industry. Birla Carbon’s Sustainability Strategy – Share the Future report focuses on employee safety, environmental stewardship, efficient use of carbon sources, and operating in a socially and ethically responsible manner.

For more information, visit https://www.birlacarbon.com or follow us on LinkedIn, Twitter, Facebook, or Instagram.

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Fintech PR

Precisely Celebrates Customer Achievements with Precisely Data Integrity Awards

Published

8 hours ago

October 16, 2024

CISION (PR Newswire)

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BMW Group, Chamberlain Group, FERC, Generali Real Estate, and NZ Super Fund Honored at Trust ’24

BURLINGTON, Mass., Oct. 16, 2024 /PRNewswire/ — Precisely, the global leader in data integrity, today announced the winners of the inaugural Precisely Data Integrity Awards at Trust ’24, the company’s annual Data Integrity Summit. The award ceremony took place at Drexel University’s LeBow College of Business in Philadelphia on October 8, with recipients from around the world recognized for their outstanding achievements in AI Impact, Business Impact, and Societal Impact categories, using Precisely software, data, and services.

The Data Integrity Awards recognize Precisely customers who have achieved excellence in data integrity through innovative use cases and demonstrated results. The winners include:

BMW Group: World-leading premium manufacturer of cars and motorcycles uses the Precisely Data Integrity Suite to seamlessly connect its extensive mainframe environment to modern cloud technologies and platforms such as Kafka. Achieving outstanding performance and near real-time replication for automating data pipelines to support over 600 applications, BMW is modernizing its mainframe systems while maintaining operational integrity.
Chamberlain Group: Global leader in intelligent access uses Precisely Automate solutions to simplify and govern its SAP workflows, querying real-time information for data validation. The company experienced an 87% improvement in time savings, resulting in greater productivity and generating noteworthy benefits for its customer care team.
FERC (Federal Energy Regulatory Commission): This independent US agency uses the Precisely Data Integrity Suite to centralize and automate data cataloging and stewardship, replacing their legacy system with modern tools that streamline asset registration and governance processes. FERC has significantly reduced time and resources for maintaining the catalog, while enhancing data stewardship and improving data-driven decision-making across the commission.
Generali Real Estate – City Forward: One of the first real estate asset managers to establish a dedicated AI and machine learning innovation division uses high-integrity enrichment data from Precisely to train their models, reduce bias, and deliver more contextually relevant results for its City Forward® platform. This enables the business to make smarter decisions powered by highly accurate AI-driven insights, disrupting the traditional decision-making processes that inform investment strategies.
New Zealand Superannuation Fund (NZ Super Fund): New Zealand’s sovereign wealth fund is using the Precisely Data Integrity Suite to enable users to find, understand, and access their data. The organization has empowered their investment analysts and teams with trusted data to make more confident business decisions.

“We are incredibly proud to honor these exceptional organizations for the impressive achievements they have accomplished on their journey to data integrity,” said Kevin Ruane, CMO at Precisely. “As our first-ever Data Integrity Awards it was exciting to see the enthusiasm and passion from Precisely customers around the globe. Each company has a unique data story to tell, and it was truly a pleasure to recognize and celebrate with our customers at Trust ’24.”

About Precisely

As a global leader in data integrity, Precisely ensures that your data is accurate, consistent, and contextual. Our portfolio, including the Precisely Data Integrity Suite, helps integrate your data, improve data quality, govern data usage, geocode and analyze location data, and enrich with complementary datasets for confident business decisions. Over 12,000 organizations in more than 100 countries, including 93 of the Fortune 100, trust Precisely software, data, and strategy services to power AI, automation, and analytics initiatives. Learn more at www.precisely.com.

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