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Hong Kong’s first listed social responsibility index release “Hong Kong Main Board Listed Companies Social Responsibility Index”

Sodata Index, Blue Chip Sodata Index And Hang Seng Index

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On October 2, Rising Glory Financial limited company, with Sodata Analytics Foundation Association and LBS Communications Consulting Limited, jointly released the Hong Kong Main Board Listed Companies Social Responsibility Index Series, which establish a standardized and intuitive assessment method to quantitatively evaluate the company performance in social responsibility and governance.

With a number of social issues such as global warming, resource depletion and environmental pollution continuously emerging, more and more investors are aware of the impact of these non-financial factors on the operating stability and stakeholder values of the companies. Hence, Environment, Social Responsibility, Corporate Governance (“ESG”) factors have received extensive attention from the public. ESG is a standard used by investors to screen social-responsible investment targets and make investment decisions. The environmental factor examines the environmental protection concerns of companies; the social factor studies the ability of companies managing their relationship with the employees and communities around; corporate governance involves executive compensation, the corruption and litigation issues.

At present, international index developers have launched a number of ESG indices and derivative ETF investment products. The MSCI KLD 400 Social Index was created in May 1990 and is the world’s first ESG index. The most influential indices are the MSCI ESG Series Index (Global/US/Emerging Markets), the FTSE4Good Series Index, and The Dow Jones Sustainability Series Index. The ESG-themed fund is also part of the relevant investment products issued by the international mainstream fund companies. Among them, BlackRock’s MSCI US ESG ETF fund and Vanguard’s FTSE Social Fund are among the most famous.

Traditional ESG evaluation requires a lot of effort to study and evaluate environmental governance and business management of different companies from different industries, and it is difficult to give a standardized evaluation through a uniform method. In addition, many aspects of ESG, such as environmental indicators, employee management indicators, etc., are mandatory indicators. Only the social responsibility is a voluntary one, which we see as an alternative useful indicator to reflect corporate social responsibility. For example, many companies will voluntarily invest a lot of human and financial resources into environment, education, health care and other charitable causes.

The Hong Kong Main Board Listed Companies Social Responsibility Index (Sodata Index) selects 100 stocks from the underlying stocks in Hong Kong’s main board with higher social score ratings as index components. The social score rating consists of RGF self-developed evaluation factors such as the amount of donations, the growth rate of donations and the coefficient of sustainable donations which is the measurement of the implementation of charitable activities by enterprises on a continuing basis. The coefficient is based on the performance of the enterprise’s continuous contributions on an exponential weighted average basis, thus reflecting better scoring for enterprises with sustainable contributions. The Hong Kong Blue Chip Listed Companies Social Responsibility Index (Blue Chip Sodata Index) selects the constituent stocks of the Hong Kong Hang Seng Index as index components and adjusts the market capitalization weight according to the social score ratings.

As the first index based on the social score rating of listed companies in Hong Kong, the Sodata index started on June 2, 2015 as the base date, with a base point of 1,000 points. Comparing the performance of the Sodata Index, since June 2, 2015, the Sodata Index has increased by 7.08%, while the Hang Seng Index has fallen by 5.45%. Since January 2, 2019, the Sodata Index has fallen by 2.94%, and the Hang Seng Index has risen during the same period 3.83%. Comparing the performance of the Blue Chip Sodata Index, since June 2, 2015, the Blue Chip Sodata Index has increased by 18.10%. Since January 2, 2019, the Blue Chip Sodata Index has increased by 2.48%.

Michael Yip, one of the founders of the Sodata Analytics Foundation Association, said: “ESG is the new darling of the current investment community. In 2018, almost a quarter of global funds has adopted ESG standards for investment decisions. As ESG and related regulations become more sophisticated, ESG Investment has a huge positive effect on the market, companies, investors and government regulators. According to the Hong Kong Sodata Analytics Foundation research, the top 100 corporate social responsibility (CSR) in the past three years, has demonstrated a relatively high return on alpha and lower volatility. It is believed that the Sodata Index would be a better tool to track the stock movements of companies with higher social responsibility in the Hong Kong main board market.”

Joanne Chan, Managing Director of LBS Communications Consulting Limited, said: “The Principles for Responsible Investment (PRI) supported by United Nations reflect the relationship between ESG and the capital markets, and provides a framework for global investors to make a long term and sustainable investment decision. It also facilitates the development of a stable capital market. PRI is in line with the long-term interests of investors and global capital markets. It is also in line with the long-term interests of environmental and societal causes, a redefinition of current investment behavior. The ESG investment concept is gradually gaining widespread recognition from global asset owners, investment institutions, regulators and other investors. According to UN PRI data, as of August 2018, more than 2,000 organizations around the world signed up with assets of more than 80 trillion US dollars. PRI has had a profound impact on the long-term and sustainable development of capital markets. ”

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DNA Behavior International Takes its API to the Next Level by Enabling it with AI

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For some time now DNA Behavior has been using its API to help a variety of organizations quickly “plug in” its behavioral chip to discover and leverage behavioral insights already within their people and systems. Now, DNA Behavior is taking that effort to the next level, by leveraging a suite of enterprise-ready AI services, applications, and toolsets to accelerate the adoption of behavioral insights across large financial services enterprises.

“Banks and large wealth management firms are leveraging behavioral finance to gain a competitive edge,” says Hugh Massie, CEO of DNA Behavior International. “To date, behavioral finance initiatives have been pinpointed and targeted toward specific client and employee groups. By utilizing AI and additional apps and toolsets, DNA Behavior is poised to implement the worlds’ largest behavioral finance initiatives for banks and wealth management firms. In short, rapid application of BeFi across larger organizations.”

DNA Behavior’s focus and specialty is revealing 200+ behavioral insights and the action steps needed to aid employees and clients in investing, working, spending and living smarter. Leveraging these additional technologies in addition to DNA’s API help meet industry demands to create rich omnichannel experiences by applying behavioral insights to enterprise-wide datasets.

“We’re using linguistic analytics to deepen our – and our clients’ – understanding of individual’s personality characteristics,” Massie says. “The linguistic and tone patterns individuals use in their speech or written communication have inherent connections to their instinctive behaviors. Revealing these linguistic and tone patterns will aid in DNA Behavior’s core offering, which is validated, robust, consistent and practical behavioral insights and customized experiences they can “plugin” to their own systems. These latest additions amp up that offering, expanding the possibilities, both in terms of speed and volume,”

As examples of its new AI-enabled API, Massie offers three scenarios:

  • Use natural language recognition capabilities to discern the intent of what a user is saying, to respond to inquiries and requests. The problem is, most chatbots and automated support systems use a one-size-fits-all approach to respond to inquiries. DNA is powering current technologies to customize these existing engagements at scale.
  • Measure emotions, fears and excitement for investors and relaying this intelligence to advice teams along with the communication steps and a playbook to behaviorally manage clients.
  • Use linguistic analytics to infer individuals’ personality characteristics, from digital communications such as email, blogs, tweets, and forum posts. This enables an organization to better parse a user’s inclination to create a customized marketing playbook for each client. Organizations armed with this information will optimize their marketing spend for steak dinners, theater tickets, gifts and professional sporting events.

 

SOURCE DNA Behavior International

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Post-fundraising update: YouTrip Secures Principal Licence From Mastercard To Fuel Rapid Growth in Singapore

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YouTripSingapore’s first multi-currency mobile wallet with a prepaid Mastercard, has announced that it has secured a Principal Licence from Mastercard and will be assuming the primary role of issuer and stored value facility holder of YouTrip accounts. This will allow YouTrip to deliver improved and additional features directly to its users, as well as enable it to provide a more robust and dedicated payment security setup in anticipation of The Payment Services Act targeted to commence in 2020.

Having partnered with Mastercard and EZ-Link to launch in Singapore in August 2018, YouTrip will be taking over the role of issuer and holder of stored value accounts from EZ-Link while continuing the current brand partnership. This is part of YouTrip’s wider ambitions to develop its platform and new features for its users, as it readies itself for expansion. Since YouTrip announced its record pre-Series A fundraise earlier this year, it has doubled the number of app downloads to over 400,000 from 200,000 in May and grown its team beyond 100 people across its offices in Singapore and Hong Kong.

Caecilia Chu, co-founder and CEO of YouTrip said, “We have come a long way since we launched a year ago. The tremendous support we have received from our users is truly humbling, and also a testament to their belief and confidence in our mission to transform overseas travel spending. Securing a Principal Licence from Mastercard marks another significant milestone in our growth journey as it will allow us to operate and deliver additional features directly to our users, as well as accommodate more sign-ups. As the regional fintech space continues to develop dynamically, this licence will provide the ideal springboard for the development and expansion plans we have in the pipeline.”

YouTrip also recently obtained a remittance licence from MAS to cater for future product development. This will be key to its expansion plans as more regulators identify fintech as a major growth area and introduce progressive policy measures to facilitate innovation and the broadening usage of such services.

 

SOURCE YouTrip

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POS Terminal Market to Soar Owing to Massive Demand for Cost-Effective Technologies to Manage Payment Systems by 2023: Radiant Insights, Inc.

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Global POS Terminal Market is anticipated that the market will witness a higher CAGR during the forecast period. Retail payment systems account for an essential position in the smooth functioning of any economy. In the past years the growing popularity of the device across different verticals is enabling the industry growth. Inception of cloud technology and related benefits are more likely to deliver robust technology for payment systems in the near future. Further, major development in the POS device such as size and technology compatibility for small-scale business, and greater flexibility.

Driving factors comprise massive demand for cost-effective technologies to manage payment systems within different verticals. POS terminal offers convenience and features in various application segments. In addition, the proliferation of smartphones and modernization of app technology provide payment service to customers in the consumer market is adding more.

In addition, inception of big data backed by software which is integrated with other software systems is contributing more to the utility value. Hence, greater CRM functionality aligned with customer relations and the use of predictive analysis for client and customers in the B2C space accounts for a massive growth during the forecast period.

Download PDF to know more details about “Global POS Terminal Market” Report 2023.

Fixed and wireless POS form as product segments while hardware and software form the component category for POS terminal market. The Asia Pacific dominates the global scenario owing to the vast presence of customer base and digitalization of payment technologies at large. In addition, inception of start-up technology in India and China acts as a catalyst in strengthening the industry growth in APAC.

The key players are Mswipe Technologies Pvt Ltd, Shenzhen Xinguodu Technology Co Ltd, SMIT Fintech Co Ltd, Fuijan Newland Payment Technology Co Ltd, SZZT Electronics Shenzhen Co Ltd and VeriFone Holdings Inc.

The ‘Global POS Terminal Market Outlook 2018-2023’ offers detailed coverage of POS terminal industry and presents main market trends. The market research gives historical and forecast market size, demand, end-use details, price trends, and company shares of the leading POS terminal producers to provide exhaustive coverage of the market for POS terminal. The report segments the market and forecasts its size, by volume and value, on the basis of application, by products, and by geography.

The report has been prepared based on an in-depth market analysis with inputs from key industry participants. The global POS terminal market has been segmented into five major regions, namely, North America (U.S., Canada, and others), Europe (U.K., FranceGermanyRussia, and others), Asia-Pacific (ChinaJapanIndiaAustralia, and others), South America (BrazilArgentina, and others), and Middle East & Africa (South AfricaSaudi Arabia, and others). Furthermore, the report also includes an in-depth competitive analysis of the key vendors operating in this market.

Access 143 page research report with TOC on “Global POS Terminal Market” available with Radiant Insights, Inc. @: https://www.radiantinsights.com/research/global-pos-terminal-market-outlook-2018-2023

Market Segmentation:

  • Key Regions
    • North America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • South America
  • Key Vendors
    • Fujian Newland Payment Technology Co., Ltd.
    • Mswipe Technologies Pvt Ltd
    • Shenzhen Xinguodu Technology Co., Ltd.
    • SMIT Fintech Co., Ltd.
    • SZZT Electronics Shenzhen Co., Ltd.
    • VeriFone Holdings, Inc.
  • Key Questions Answered in This Report
    • Analysis of the POS terminal market including revenues, future growth, market outlook
    • Historical data and forecast
    • Regional analysis including growth estimates
    • Analyzes the end user markets including growth estimates.
    • Profiles on POS terminal including products, sales/revenues, and market position
    • Market structure, market drivers and restraints.

Browse reports of similar category available with Radiant Insights, Inc.:

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