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Finalists announced for PayTech Awards 2024

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We are thrilled to announce the shortlist for the esteemed PayTech Awards 2024 by FinTech Futures. Congratulations to all the finalists!

You can view the full shortlist on informaconnect.com/paytech-awards/the-shortlist.

After a rigorous evaluation process, a select group of contenders has emerged, representing the pinnacle of achievement in payment technology. From groundbreaking digital initiatives to transformative partnerships, the finalists showcase excellence and ingenuity across various categories.

This year marks the seventh edition of the PayTech Awards, a prestigious platform dedicated to honoring the trailblazers shaping the future of payments. With categories ranging from ‘Top Innovation in Payments’ to ‘Best Business Payment System’, the awards highlight the diverse talent and creativity driving the industry forward.

The awards ceremony is scheduled to take place at the magnificent Merchant Taylors’ Hall in London on 28 June. Over 200 esteemed guests, including industry leaders, innovators, and visionaries, will gather for an evening of celebration, networking, and inspiration.

Attendees can expect an unforgettable experience, complete with gourmet dining, captivating entertainment, and an engaging inspirational speaker.

For those eager to secure their presence at this prestigious event, a range of seating options and packages are available, catering to every preference and budget. Explore the available packages and book your place at the PayTech Awards ceremony here.

Additionally, organizations interested in elevating their brand presence and aligning with the spirit of innovation are invited to explore sponsorship opportunities. By partnering with the PayTech Awards, companies can showcase their commitment to driving progress and fostering excellence within the payment technology landscape.

Source: fintechfutures.com

The post Finalists announced for PayTech Awards 2024 appeared first on HIPTHER Alerts.

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Lucinity Wins the Microsoft Partner Awards for 2024 for Partner of the Year – Iceland and Sustainability and Social Impact

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REYKJAVÍK, Iceland, May 28, 2024 /PRNewswire/ — Lucinity, a leading AI company for financial crime prevention, won two awards at the Microsoft Partner Awards for 2024, including Partner of the Year – Iceland and Sustainability and Social Impact, highlighting Lucinity’s innovations and contribution to positive societal change. 

“Congratulations to Lucinity for being recognized as the Partner of the Year – Iceland 2024! Lucinity is leading digital transformation and delivering innovative products in their domain,” says Microsoft’s leadership.

For the past year, they have played a key role with their offerings, skilled resources, and their ability to drive change and innovative solutions both locally in Iceland and across the globe. Lucinity has had significant social impact and growth while supporting our joint customers in their AI-transformation journeys.”

In June 2023, Lucinity launched the world’s first copilot for FinCrime prevention powered by Microsoft Azure OpenAI called Luci. Luci stands out in the financial services industry with specialized skills for FinCrime prevention such as adverse media checks, case analysis, and SAR writing. 

Built on the robust and scalable Microsoft Azure platform, Lucinity offers customers a trusted SaaS product. Additionally, Lucinity’s presence on the Microsoft Azure Marketplace allows companies to leverage their Microsoft Azure credits to access the platform. 

The seamless integration with Microsoft’s Azure stack has enabled Lucinity to implement advanced AI capabilities, fostering rapid innovation and enabling banks and fintech companies to utilize AI securely and audibly. Furthermore, Luci significantly reduces investigation times from 2.5 hours to just 25 minutes, saving Tier 1 banks an estimated $25 million annually.

Guðmundur Kristjánsson (GK)Lucinity’s Founder and CEO comments, “These awards are a testament to the strength and reliability of our solutions, made possible by our strategic partnership with Microsoft. Utilizing Microsoft Azure, we have been able to drive rapid innovation and create a robust, scalable platform that meets the rigorous requirements of compliance teams.” 

On the Sustainability and Social Impact Partner Award, Microsoft says, “Lucinity, with their innovative AI solutions, has really tried to combat this huge global challenge. They use ‘Human AI’ to enhance financial crime prevention, combining AI with human expertise for efficient, user-friendly solutions. Additionally, Lucinity has developed a tool called Luci, an AI-powered copilot that helps transform financial crime prevention from a process that took hours to one that takes minutes.”

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2024 Hengqin Global Investment Promotion Conference Kicks Off

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HENGQIN, China, May 28, 2024 /PRNewswire/ — The Hengqin 2024 Global Investment Promotion Conference and sharing sessions opened on 26 May. Liu Xianfa, Commissioner of China’s Foreign Ministry in the Macao SAR; Lei Wai Nong, Director of the Executive Committee of the Guangdong-Macao In-Depth Cooperation Zone in Hengqin (hereinafter referred to as the “Cooperation Zone”); Huang Zhihao, Deputy Secretary of the CPC Zhuhai Municipal Committee and Mayor of Zhuhai; Nie Xinping, Fu Yongge, Su Kun, Deputy Directors of the Executive Committee of the Guangdong-Macao In-Depth Cooperation Zone in Hengqin attended the event. It also attracted more than 1,000 investors from Macao’s business associations and renowned enterprises at home and abroad. Guests attending the event came from 42 countries and regions, including Portugal, Brazil, Singapore and Malaysia, and the scale of participation was greatly enlarged compared with that of last year.

Lei Wai Nong said in his speech that Hengqin is currently entering into its “prime time” of trade and investment opportunities. He invited all entrepreneurs from home and abroad to invest in Hengqin and embrace the new development opportunities together.

Su Kun introduced the open investment environment of the Cooperation Zone and highlighted that the four new industries have seen significant progress and new development opportunities since the implementation of tier-specific management.

The event featured presentations on investment and development in Hengqin by representatives of Wisewave (Zhuhai) Technology Co., Ltd. and Airbus Helicopters China.

Nine research experts, scholars, and entrepreneurs from Macao and Hengqin have been invited to serve as “Ambassadors for Hengqin”. Together with six “Advocates for Hengqin” they are expected to promote Hengqin to the world. The video series “Ambassadors for Hengqin” will be rolled out in June.

Highlights of this year’s conference included an exhibition on the four new industries in the Cooperation Zone, showcasing the fruits of development in recent years. As of the end of the event on 26 May, more than 69,000 audience watched the online broadcasts.

On 27 May, a series of sharing sessions were held for in-depth discussions on integrated circuits, traditional Chinese medicine, branded industries, modern finance, cultural tourism, conventions and exhibitions, trade, and cross-border e-commerce, with the aim of building a bridge for dialogue and cooperation in these industries. 

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TraceLink and RSM Announce a New Strategic Business Alliance to Digitalize the End-to-End Healthcare and Life Sciences Supply Chain

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Forging a New Era in Health and Life Sciences Digitalization 

BOSTON, May 28, 2024 /PRNewswire/ — In a strategic alliance poised to accelerate the digital transformation of the global Healthcare and Life Sciences (HLS) industry, TraceLink’s Opus Platform Partner Program has welcomed RSM US LLP (“RSM”) – the leading provider of assurance, tax and consulting services for the middle market. Through this collaborative engagement, HLS leaders in supply chain, finance, and information technology gain access to a unified capability for rapidly linking their enterprise systems with a pre-authenticated digital network of more than 290,000 entities across the Healthcare and Life Sciences supply chain. By combining TraceLink’s proven platform for end-to-end network integration, collaboration, and supply chain intelligence with RSM’s specialized consulting, a streamlined “single-vendor approach” can be leveraged to acquire access to the real-time supply chain information needed to accelerate new products to market, reduce manufacturing costs and working capital requirements, and optimize the efficiency of global, multi-enterprise workforces.

“Through my engagements with senior executives at leading Pharmaceutical, Life Sciences, and Healthcare organizations, it’s clear that leaders recognize that, despite billions of dollars in enterprise system investments over the last decade, there is a critical need to acquire real-time, end-to-end supply chain intelligence and visibility to mitigate supply disruptions and ensure the continuous availability of products for patients,” said Shabbir Dahod, President and CEO, TraceLink. “Our business alliance with RSM unlocks the ability for our joint customers to rapidly orchestrate their end-to-end supply chain digitalization strategies by connecting their ERP, QMS, WMS, and other enterprise system deployments with clean, real-time supply chain intelligence acquired through multi-enterprise connections with companies that have been integrated to the TraceLink network for more than a decade.”

The digital transformation of the Healthcare and Life Sciences supply chain has taken a significant leap forward with the integration of TraceLink’s Opus platform with leading ERP systems like NetSuite and Microsoft Dynamics 365. Using TraceLink’s platform applications like Multienterprise Information Network Tower (MINT), customers can deploy proven B2B integration and process orchestration capabilities enabled by Opus to empower a range of teams, including Supply Chain Planning, External Manufacturing and Supplier Management, Sales & Marketing, and Clinical Supply departments, to navigate everyday challenges rooted in the inability to share data across the boundaries that exist among siloed enterprises.

“We are incredibly excited about teaming up with TraceLink,” said Joe Goldberg, management consulting partner and life sciences advisory practice leader with RSM US LLP. “This alliance allows us to combine our deep industry experience and service offerings with TraceLink’s advanced supply chain orchestration technologies, providing our clients with unparalleled service and capabilities. We’re looking forward to continuing to offer holistic, innovative solutions to the life sciences industry and are excited about the positive impact this collaboration will have on our clients’ businesses and the industry as a whole.”

This collaboration offers an accelerated pathway to drug market entry, combining TraceLink’s supply chain orchestration with RSM’s knowledge of seamless ERP integration and financial reconciliation, ensuring streamlined operations, and enhanced decision-making through collective intelligence. Key elements include:

  • Unified Integration and Collaboration: Embrace TraceLink’s Integrate-Once, Interoperate with Everyone™ approach through MINT, providing a single point of integration for all supply chain partners, which, when combined with RSM’s comprehensive knowledge, streamlines operations and strengthens inventory control.
  • Accelerated Market Entry: TraceLink and RSM jointly facilitate rapid drug commercialization, merging RSM’s launch support with seamless ERP integration for faster development-to-market transitions.
  • Enhanced Decision-Making and Efficiency: Integrate a complete supply chain view into your ERP systems, supported by RSM’s specialized consulting, for superior decision-making and peak operational efficiency.
  • Experience in Compliance and Performance: Ensure adherence to international regulations, including US Drug Supply Chain Security Act and EU Falsified Medicines Directive, while accessing expert advice for system optimization.
  • Optimized Financial Operations: RSM’s Financial Reconciliation services, supercharged with real-time supply chain information sourced from the TraceLink network, including chargebacks, enhance financial transparency and efficiency, completing the offering’s comprehensive nature for holistic supply chain management.

About TraceLink
TraceLink is a leading provider of digital supply chain solutions that deliver unprecedented visibility, enabling companies to protect patients, ensure compliance, and optimize their supply chain operations. The TraceLink cloud-based platform provides a single point of information sharing and collaboration for all supply chain partners, leveraging advanced analytics and machine learning to drive actionable insights. With TraceLink, businesses can achieve end-to-end supply chain visibility and forge stronger connections with their partners, ensuring the availability and integrity of lifesaving medications for patients worldwide. For more information visit tracelink.com.

About RSM US LLP
RSM is the leading provider of professional services to the middle market. The clients we serve are the engine of global commerce and economic growth, and we are focused on developing leading professionals and services to meet their evolving needs in today’s ever-changing business landscape. Our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential.

RSM US LLP is the U.S. member of RSM International, a global network of independent assurance, tax, and consulting firms with 64,000 people in 120 countries. For more information visit rsmus.com, like us on Facebook, follow us on X and/or connect with us on LinkedIn.     

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