SEOUL, South Korea, Dec. 17, 2024 /PRNewswire/ — TuniTuni, the leading storytelling physical education program for toddlers, is expanding internationally while emphasizing the importance of physical movement in early childhood development. Since its founding in 2003, TuniTuni, the early childhood physical education brand under Daekyo, has been making waves in South Korea, offering a unique combination of engaging stories and physical activity for children aged 12 to 36 months.

Global Expansion: TuniTuni’s Reach Beyond South Korea

TuniTuni’s global reach continues to expand. The brand opened its first international center in Vietnam in 2022, marking the start of its global journey. In June 2024, TuniTuni furthered its expansion with the opening of its first direct-operated center in Hong Kong, followed by a second center in Kuala Lumpur, Malaysia, in October.

In the United States, TuniTuni classes were previously held in New York and New Jersey, and are currently taking place in Philadelphia. Looking ahead, a TuniTuni directly-operated center is set to open in Fort Lee, New Jersey, in March next year.

To celebrate the opening of the Kuala Lumpur center, TuniTuni Malaysia is offering exclusive December promotions. Parents who register this month can enjoy special offers, including TuniTuni dolls, balls, and other educational props.

Why Physical Movement is Essential for Toddlers 

Physical movement between the ages of 24 and 36 months plays a critical role in stimulating brain development, helping toddlers build motor skills, language abilities, and emotional regulation. TuniTuni’s weekly themed lessons and interactive props ensure that children are engaged and entertained while developing essential physical skills in a playful and enjoyable way.

TuniTuni’s Innovative Approach to Early Childhood Development

Each week, TuniTuni introduces a new, fun-filled theme, incorporating diverse physical movements and imaginative storytelling. This approach not only keeps children excited and motivated but also nurtures curiosity, laying a foundation for healthy physical and cognitive development.

Why Choose TuniTuni for Your Child’s Physical Development?

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TuniTuni stands out for its unique integration of physical education and storytelling, providing children with a fun and engaging way to build confidence, enhance motor skills, and develop a lifelong love for physical activity. This innovative approach is designed to give young children a strong, well-rounded start in life through play and movement.

TuniTuni’s program continues to attract global attention, setting a new standard for early childhood development with its proven ability to foster both physical and cognitive growth.

About TuniTuni

TuniTuni is a leading early childhood physical education brand under Daekyo, a renowned educational company in South Korea. With a focus on promoting physical activity and development through interactive storytelling, TuniTuni has impacted the lives of one in six children in South Korea, shaping the next generation’s growth through play. For more detailed information, please visit tunituniglobal.com.

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The chief technology officer at Foot Locker, Butler brings more than 25 years of leadership experience across all areas of technology to the Board

NORFOLK, Va., Dec. 17, 2024 /PRNewswire/ — PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that Adrian Butler has been elected as an independent director of the company, effective January 1, 2025.

Butler is the chief technology officer (CTO) of Foot Locker, Inc., a leading global footwear and apparel retailer with approximately 2,450 retail stores in 26 countries across North America, Europe, Asia, Australia and New Zealand, and a licensed store presence in the Middle East and Asia. As Foot Locker’s CTO, Butler is responsible for driving technology strategy, innovation and delivery across their digital, data and analytics, supply chain/merchandising and omni-channel experiences. Prior to this role, he was chief information officer at Casey’s General Stores, Inc., and senior vice president of information technology and chief information officer at Dine Brands Global, Inc., the parent company of Applebee’s and IHOP restaurants. He also served as vice president in the technology services division at Target Corporation.

In addition to serving on boards such as Potbelly Corporation and Grambling University Foundation, his alma mater, Butler is the recipient of numerous awards and recognitions, including Los Angeles Business Journal’s CIO of the Year, CIO Magazine’s CIO 100, Computerworld’s Premier 100 IT Leaders, Board Prospects’ 50 Military Veteran Board Members Making a Difference and the 500 Most Powerful Business Leaders in Dallas-Fort Worth.

“We are thrilled to welcome Adrian to the Board,” said Steve Fredrickson, PRA Group Board chairman. “Adrian is an experienced public company board member and business leader with demonstrated success driving technology innovations to transform large global organizations across multiple industries after serving as captain in the United States Air Force. His business and technology insights and expertise will be invaluable to the Board and management as we continue to advance our IT strategy and preparedness in support of initiatives that drive profitable growth.”

“I am honored to join the talented Board at PRA Group as a strategic business partner and contribute my experience to support its continued growth and success around the globe,” said Butler.

About PRA Group
As a global leader in acquiring and collecting nonperforming loans, PRA Group, Inc. returns capital to banks and other creditors to help expand financial services for consumers in the Americas, Europe and Australia. With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt. For more information, please visit www.pragroup.com.

News Media Contact:
Elizabeth Kersey
Senior Vice President, Communications and Public Policy
(757) 641-0558
[email protected]

Investor Contact:
Najim Mostamand, CFA
Vice President, Investor Relations
(757) 431-7913
[email protected]

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The Ever-Evolving Landscape of Fintech: Top Stories Today

The fintech world continues to thrive with new developments shaping its future. Today’s highlights cover Revolut’s enhanced crypto fraud protections, Bestow’s recognition as a leading fintech company, Advyzon’s CEO receiving a prestigious award, Tyme Group’s global expansion supported by Nubank, and the rise of Israeli fintech startups. Let’s dive into the details and explore the broader implications.

Revolut Steps Up Crypto Fraud Protection

In a significant move to fortify customer trust, Revolut has announced enhancements to its crypto fraud protection systems. Leveraging advanced security risk scores, the company aims to shield users from the growing menace of crypto-related scams. The platform’s new measures will involve deeper scrutiny of transactions, sophisticated algorithms to flag potential fraud, and proactive alerts for unusual activities.

Revolut’s focus on fraud protection reflects the escalating challenges faced by fintech firms operating in the crypto space. As digital currencies gain traction, fraudsters continue to exploit vulnerabilities, necessitating robust security mechanisms. Revolut’s initiative could set a precedent for the industry, emphasizing that user safety is as critical as innovation. However, the success of these measures will depend on striking the right balance between security and user experience.

Source: Coindesk

Bestow Earns a Spot Among Top 100 Financial Technology Companies of 2024

Bestow, a digital life insurance innovator, has been named one of the Top 100 Financial Technology Companies of 2024. This recognition highlights Bestow’s transformative approach to life insurance, combining cutting-edge technology with customer-centric solutions. By simplifying the traditionally cumbersome insurance process, Bestow has made life insurance more accessible and affordable.

The accolade underscores the growing importance of insurtech in the broader fintech ecosystem. Bestow’s achievements signal a shift in consumer expectations—convenience, transparency, and technology-driven solutions are becoming non-negotiable. As insurtech continues to disrupt traditional insurance models, the emphasis will likely shift from mere digital transformation to delivering personalized and predictive services.

Source: PR Newswire

Advyzon CEO Hailin Li Wins ThinkAdvisor 2024 Luminaries Award

Hailin Li, CEO of Advyzon, has been honored with the ThinkAdvisor 2024 Luminaries Award for Fintech Executive of the Year. This award recognizes his exceptional leadership and Advyzon’s commitment to empowering financial advisors with innovative tools. Under Li’s stewardship, Advyzon has excelled in providing comprehensive technology solutions, enabling advisors to deliver superior client experiences.

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Li’s recognition highlights the pivotal role of leadership in driving fintech innovation. Advyzon’s success is a testament to how visionary leadership can redefine financial advisory services. As advisors increasingly rely on technology to navigate complex markets, platforms like Advyzon are becoming indispensable. The award also serves as a reminder that the human element—inspired leadership—remains crucial even in a tech-driven industry.

Source: Business Wire

Nubank Backs Tyme Group’s International Expansion

In a strategic move, Nubank has announced an investment in Tyme Group, a digital bank with operations in South Africa and the Philippines. This partnership aims to accelerate Tyme’s growth in emerging markets, leveraging Nubank’s expertise in scaling digital banking operations. Tyme’s unique business model focuses on financial inclusion, catering to underserved populations in developing economies.

Nubank’s investment signifies a growing trend among fintech leaders to expand their footprint in emerging markets. The collaboration between Nubank and Tyme underscores the potential of digital banking to bridge financial inclusion gaps. However, challenges such as regulatory complexities and technological infrastructure limitations in these regions must be addressed to ensure sustainable growth.

Source: Business Wire

Israeli Fintech Startups Gaining Global Momentum

Israel’s fintech ecosystem is making waves internationally, with startups leveraging the country’s robust tech culture and innovation-driven mindset. From payment solutions to cybersecurity for financial services, Israeli fintech firms are attracting significant investments and partnerships globally. This trend reflects the country’s position as a hub for technological advancement and entrepreneurial spirit.

The rise of Israeli fintech startups is a testament to the country’s ability to harness innovation for global impact. However, scaling these ventures beyond local markets remains a challenge. Strategic partnerships and a focus on addressing global financial challenges will be crucial for these startups to cement their position on the world stage.

Source: Calcalist Tech

Broader Implications for the Fintech Industry

1. Enhanced Security in Crypto: Revolut’s initiative highlights the need for continuous advancements in fraud prevention. The increasing complexity of scams calls for adaptive security measures that can evolve with emerging threats.
2. Recognition Drives Innovation: Bestow’s accolade and Hailin Li’s award demonstrate the power of recognition in fostering innovation. Industry acknowledgment not only boosts morale but also sets benchmarks for others to emulate.
3. Global Collaborations: Nubank’s partnership with Tyme Group underscores the importance of cross-border collaborations in fintech. As markets globalize, such alliances will play a pivotal role in shaping the future of financial services.
4. Emerging Market Opportunities: Investments in developing economies highlight the untapped potential of these regions. Fintech companies must focus on understanding local needs and challenges to create impactful solutions.
5. Tech Hubs as Catalysts: The success of Israeli fintech startups emphasizes the role of regional tech hubs in driving industry growth. Policymakers and stakeholders must nurture these ecosystems to sustain innovation.

The post Fintech Pulse: Your Daily Industry Brief (Revolut, Bestow, Advyzon, Tyme Group, Nubank) appeared first on News, Events, Advertising Options.

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