Fintech PR
Abeille Assurances Relies on Location Intelligence and Data Enrichment from Precisely to Manage Climate Risks and Enhance Customer Experience
Leading French insurer leverages spatial analytics and location data to improve claims processes and empower confident decision-making across the business
BURLINGTON, Mass. and PARIS, April 2, 2025 /PRNewswire/ — Precisely, the global leader in data integrity, today announced that Abeille Assurances, a leading insurance provider in France, leverages a powerful combination of its location intelligence and data enrichment solutions, including Precisely Spectrum Spatial, Precisely Spectrum Geocoding, and highly curated address and property datasets, to strengthen risk mitigation, optimize underwriting, and enhance customer experiences.
The importance of location intelligence and data enrichment to the insurance industry has grown significantly in recent years. This need has been driven by the increasing impacts of extreme weather events caused by climate change – with geospatial and data-driven insights playing a crucial role in predicting and mitigating risks to buildings, infrastructure, ecosystems, and human health. According to the European Environmental Agency, extreme weather has resulted in more than half a trillion euros in economic damage over the past four decades. In particular, flooding risks are escalating in France and across Europe, where volatile weather patterns threaten large populations and critical infrastructure.
“As climate-related risks continue to evolve, it has become essential to enrich our data with spatial information – not only for prevention but also for effective risk management,” said Rosine Gergaud, Geomatics Project Manager and Head of the GeoAnalytics team at Abeille Assurances. “In order to ensure access to accurate, automated geographic information, the GeoAnalytics team was established to develop spatial analysis for all entities of our business. I’m extremely proud to have been involved in this project for so many years and to see positive results for Abeille Assurances’ teams.”
Enhancing climate risk management with advanced geospatial solutions
With a decade-long partnership already in place, the GeoAnalytics team trusted Precisely for its expertise in spatial analytics and data enrichment. By using Spectrum Spatial alongside its existing Spectrum Global Geocoding implementation, the team can support its Climate Exposure and Underwriting functions. This enables the team to dynamically visualize policyholders and nearby risks with precision, delivering highly accurate exposure assessments.
“Spectrum Spatial satisfied all our various needs to better monitor and take ownership of our exposures,” said Delphine Jeanneau-Bernard, Exposures Management Project Manager and Head of Damage Exposures and Climate Risks at Abeille Assurances. “The big benefit is its flexibility, which is the opposite of the ‘black box’ tools that we’re used to seeing on the market. We were able to implement it very quickly, integrate our own maps and data, and develop a custom module that was eagerly awaited by our underwriting teams.”
With the new capabilities, the GeoAnalytics team expanded its reach, enabling new use cases across departments. For example, claims teams can now visualize Abeille Assurances’ entire network of partners, such as approved garages and service providers, helping claimants receive faster and more efficient support. This expanded functionality also freed up the GeoAnalytics team to focus on creating new projects and web services while maintaining efficient tool administration. Additionally, automated updates and streamlined processes ensure users can independently access critical geographic information – empowering confident decision-making across the business.
Leveraging highly curated location data for even greater accuracy
In addition, Abeille Assurances recently purchased Base Immeubles from Precisely, comprehensive data containing 24 million addresses, 50 million buildings, and 94 million parcels across metropolitan France and its overseas territories. This data provides precise address and property information and building-level details, such as construction year and parcel attributes – helping the team in all stages of the customer lifecycle, from underwriting to claims management.
“As extreme weather events become more frequent and severe, insurers must leverage precise location intelligence to assess risks accurately and protect their policyholders. Abeille Assurances is a prime example of how advanced geospatial analytics and data can drive smarter underwriting, enhance claims management, and improve customer experiences,” said Clarence Hempfield, Senior Vice President – Location Intelligence at Precisely. “We’re proud to support their continued innovation with our location intelligence and data enrichment solutions and be the partner of choice for leading insurance companies around the world.”
Learn more about how Precisely and Abeille Assurances are working together—and why 8 of the world’s 10 leading insurance companies trust Precisely for location intelligence and data enrichment.
About Abeille Assurances
A major French insurance company with 4,200 employees and nearly 170 years of experience, Abeille Assurances offers a wide range of insurance, protection, savings and retirement products and services to over 3.1 million customers. Abeille Assurances offers its products through a multi-channel approach tailored to customer needs: a distribution network covering the whole of France (nearly 1,000 tied agents, 1,800 brokers, 110 Albéa Patrimoine advisors), a dedicated wealth management advisory entity (Union Financière de France with some 20 sites in France and 550 advisors) and distribution via the Direct channel, notably under the Eurofil brand, with more than 230 telephone advisors. Abeille Assurances is also the long-standing partner of AFER, France’s leading savings association (with over 748,000 members and 55 billion euros in assets under management). Learn more at www.abeille-assurances.fr.
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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New collaboration enables convenient and secure remittances to Weixin Pay users in China
SINGAPORE, April 9, 2025 /PRNewswire/ — Starting today, Weixin Pay users can now receive cross-border transfers from Xoom, a PayPal service and a pioneer in digital remittances. This new partnership between Tenpay Global, Tencent’s cross-border payment platform, and Xoom allows Weixin Pay users to receive money directly into their Weixin Pay Wallet Balance or bank accounts linked to Weixin Pay through Xoom or PayPal’s mobile app and website.
Xoom and PayPal users in United States, Canada and Europe can now access reliable and affordable cross-border money transfers to their own or family members’ Weixin Pay accounts, with additional countries to come in the future. Weixin Pay users can receive the funds frictionlessly, typically in as fast as a few minutes, for flexible use within the Weixin app for transfers, top-ups and shopping.
“Xoom has long been known as a fast, easy, inexpensive way to send money to friends and family across borders – and now, being able to send funds to Weixin Pay users from the US, Canada and Europe, we’re continuing to connect users wherever they might be and for what they might need funds for,” said Paul Bances, Vice President of Market Development for Xoom.
“This partnership reaffirms Tenpay Global’s commitment to not only bridging the Weixin ecosystem with the global markets but also enhancing user value through streamlined and secure cross-border remittances. By addressing everyday needs—from family support to daily expenses—we aim to create meaningful value in our users’ lives beyond mere transactions,” said Wenhui Yang, CEO of Tenpay Global (Singapore).
The service is now live and available through the Xoom and PayPal mobile app. Users may also visit Xoom.com or PayPal.com to start the remittance experience.
About Xoom
A pioneer in digital remittances, Xoom is a fast and easy way to send money, pay bills and reload phones for friends and family in approximately 160 countries globally. With Xoom, customers can access a fast and reliable way to send money, by simply downloading the Xoom or PayPal mobile app, or visiting Xoom.com or PayPal.com.
About Tenpay Global
Tenpay Global, the cross-border payment platform of Tencent, is the gateway to seamless cross-border payment solutions for businesses and individuals. Tenpay Global offers scenario-based services for different customer groups, including cross-border consumption, cross-border remittances, and cross-border commerce scenarios. Together with global partners, Tenpay Global is committed to bridging the world’s payment networks with Weixin’s ecosystem in China.
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View original content:https://www.prnewswire.co.uk/news-releases/paypals-xoom-partners-with-tenpay-global-to-offer-cross-border-remittances-to-weixin-302424122.html
Fintech PR
CE-LINK Unveils Next-Gen Solid-State Battery Power Bank, Leading a New Era of Mobile Charging
HONG KONG, April 9, 2025 /PRNewswire/ — CE LINK LIMITED (“CE-LINK”), a leading manufacturer of consumer electronics, is thrilled to introduce its latest generation of power banks, featuring revolutionary solid-state battery technology, redefining safety and performance. From April 11-14, visit booth 3A-02, Hall 3 at AsiaWorld–Experience this game-changer at the upcoming Global Sources Electronic Show in Hong Kong.
Advancing Safety and Performance with Solid-State Technology
CE-LINK’s next-gen power banks replace liquid lithium-ion batteries with advanced solid-state lithium-ion polymer batteries for superior benefits:
- Superior Safety: The non-flammable solid electrolyte eliminates fire and explosion risks of traditional liquid batteries. Tested under extreme conditions—steel needle puncture, extrusion, drop, overcharge, and overdischarge—these power banks ensure unmatched safety.
- Extended Lifespan: Solid-state batteries far exceed the life cycle of traditional lithium batteries, making them a more sustainable choice. These power banks retain over 80% of their original capacity even after 500 charge cycles.
- Wider Operating Temperature: Supports 0°C to 45°C for charging and -20°C to 60°C for discharging. They maintain stable performance in both hot and cold environments, making them ideal for outdoor exploration and polar scientific research scenarios.
Versatile Power Bank Series to Meet Diversified Needs
CE-LINK’s new power bank lineup caters to diverse user scenarios with multiple models:
- PD Slim Power Bank (5000mAh & 10000mAh): Ultra-thin 10.8mm design fits easily in pockets and bags. The storable USB-C lanyard cable makes it perfect for commuting and short trips.
- Built-in Retractable Cable Power Bank (5000mAh/10000mAh): Features a patented 75cm USB-C retractable cable, tested for 10,000 uses. With a gentle pull, the cable retracts smoothly from any length—ideal for frequent travelers.
- USB-C Power Bank (5000mAh): A push-slip design extends and stows the USB-C port for charging and protection. Rigorously plugging and pulling tested 10,000+ times, ensuring durability. Built-in zinc alloy bracket adds usage flexibility.
- 67W 2-in-1 Power Bank (10000mAh): Combines a GaN charger and power bank, with a foldable AC pin supporting global voltage. The intelligent LCD screen shows real-time output power of each port, and 67W output charges laptops, tablets, and phones simultaneously—ideal for business professionals.
CE-LINK remains dedicated to pioneering cutting-edge charging solutions that enhance user experience. “Solid-state battery technology is the future of power banks,” said Erica, Product Manager at CE-LINK. “This launch not only brings unparalleled safety and performance to users but also drives the industry towards more efficient and reliable power solutions.”
About CE-LINK
Founded in 2004, CE-LINK is a leading OEM and ODM company dedicated to developing cutting-edge consumer electronics solutions. With over 20 years of precision manufacturing expertise, CE-LINK leads innovation, focusing on research, development, and sustainability to deliver next-gen technologies that meet the evolving needs of global consumers and businesses.
For more information on CE-LINK, please visit www.ce-link.com.
Or following them on:
LinkedIn: www.linkedin.com/company/ce-link
Facebook: www.facebook.com/CELINK.ELECTRONICS
Media Contact: market@ce-link.com
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View original content:https://www.prnewswire.co.uk/news-releases/ce-link-unveils-next-gen-solid-state-battery-power-bank-leading-a-new-era-of-mobile-charging-302423229.html
Fintech PR
Hex Trust Partners with IDA to Provide Institutional-grade Custody for Stablecoin Products
HONG KONG, April 9, 2025 /PRNewswire/ — Hex Trust, a leading digital assets financial institution specializing in custody, staking, and markets services has partnered with IDA, a premier HK-based fintech company. Through this collaboration, Hex Trust will provide licensed, institutional-grade custody services for IDA’s stablecoin products, enabling compliant and seamless cross-border commerce and digital payments.
With its multi-jurisdictional licenses, and deep institutional expertise, Hex Trust will ensure secure and compliant custody solutions that uphold regulatory standards and enhance security for all transactions with IDA. Furthermore, IDA and Hex Trust will collaborate to explore real-world use cases for cross-border trade, aiming to enhance payment efficiency while ensuring regulatory requirements.
“The stablecoin initiative will strengthen Hong Kong’s competitive edge as a global financial hub,” said Giorgia Pellizzari, Managing Director and Head of Custody of Hex Trust. “Our role as an institutional-grade custodian reflects our commitment to fostering a secure and compliant financial ecosystem for digital assets. We’re excited to partner with IDA to propel the success of this innovative product.”
Sean Lee, Co-Founder and CSO of IDA, stated, “This marks just the beginning of our partnership. Beyond custody, we are exploring new opportunities to unlock global trade and commerce, enabling smoother transactions in collaboration with Hex Trust.”
In addition to the stablecoin solution, IDA is developing a comprehensive financial infrastructure to bridge stablecoin operations with enhanced connectivity between blockchain networks and traditional financial systems. Hex Trust and IDA are also exploring deeper collaborations, including FX features, on this robust platform to foster a thriving stablecoin ecosystem.
About Hex Trust
Established in 2018, Hex Trust offers regulated institutional digital asset custody, staking, and markets services to builders, investors, and service providers. Get access to our comprehensive, secure, and regulated suite of services built on our proprietary and fully integrated infrastructure. For more information, visit Hextrust.com or follow Hex Trust on LinkedIn, X, and Telegram.
About IDA Finance Hong Kong Limited (IDA)
IDA is the premier digital asset technology company to spearhead the widespread adoption of blockchain finance and to empower businesses to seamlessly integrate between Web2 and Web3.
IDA will launch a stablecoin product which is designed to drive enhanced connectivity of digital currency for seamless commerce and payments between Hong Kong and global markets, 24/7/365. To maintain the highest level of security and stability, all circulating stablecoins will always be fully backed by at least 100% reserve assets in regulated Hong Kong based authorized institutions.
More information can be found at idafi.xyz / LinkedIn / X
Disclaimer:
This post is for informational purposes only and is not financial, investment or other advice, nor a recommendation, endorsement, offer, solicitation or sale of any kind in any jurisdiction. As always, users should do their own research and are urged to seek independent financial, investment and other advice before taking any initiative in connection with the information contained herein. The information contained in this article is intended to be current at the time of publication, but may not remain so indefinitely. Products or services mentioned in this material are subject to legal and regulatory requirements in applicable jurisdictions and may not be available in all jurisdictions nor to all persons.
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View original content:https://www.prnewswire.co.uk/news-releases/hex-trust-partners-with-ida-to-provide-institutional-grade-custody-for-stablecoin-products-302423239.html
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