WOKING, England, Oct. 12, 2023 /PRNewswire/ — Vantage Markets are proud to announce the Official Launch of the Vantage Foundation at the McLaren Technology Centre, bringing together the worlds of motorsport and advocacy on a global scale.

Vantage Foundation launches new charity to raise awareness of invisible challenges with support from McLaren Electric Racing and UNHCR

The Foundation’s primary mission is to raise awareness and advocacy of invisible challenges on a global scale. These often-invisible challenges, including depression, anxiety and loneliness, play a role in social immobility and struggle.

The non-profit organization was founded with funds raised by auctioning off used Extreme E car bodywork and driver overalls donated by the NEOM McLaren Extreme E Team.

"Loneliness is another societal challenge that is often overlooked, underappreciated and unacknowledged. The irony that we are facing an epidemic of loneliness in an age of connectedness speaks to the urgency of addressing this threat to mental and physical health." said Steven Xie, Executive Director of Vantage Foundation.

One of Vantage Foundation’s key partners is UNHCR, the UN Refugee Agency. For World Refugee Day, Vantage Foundation and UNHCR collaborated to educate groups on the struggles refugees face every day, including the denial of basic rights.

Lydia Piddock, Director of Strategy & Growth at UK for UNHCR explains, "For refugees, finding safety is just the start, sadly many are denied their basic rights. Through our partnership with Vantage Foundation, we will connect people to the experience of refugees, encouraging us all to look past stereotypes and learn more about the refugee cause. UNHCR works across 135 countries to safeguard their rights, and we welcome organizations like Vantage Foundation to help spread our message."

In another initiative planned for the upcoming holiday season, volunteers will distribute Christmas presents to disadvantaged children in six countries around the world: Singapore, Malaysia, India, United Kingdom, Brazil and Nigeria.

Ian James, Managing Director of NEOM McLaren Electric Racing explains, "Our partnership with Vantage Markets in Extreme E helps to raise awareness of the impact of climate change by racing sustainably. We are proud to play a part in the launch of The Foundation, looking to raise awareness of other important challenges on a global scale."

About Vantage Foundation

The Vantage Foundation is an independent charitable organization dedicated to raising awareness about invisible disadvantages. For more information, please visit www.vantage.foundation

Source : Introducing the Vantage Foundation: A New Charity Racing to Raise Awareness of Invisible Challenges

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Leading Indonesian Fintech JULO Redefines Convenience in Financial Inclusion with the Innovative Apply Once, Use Forever Feature.

CISION PR Newswire

Oct 12, 2023

JAKARTA, Indonesia, Oct. 12, 2023 /PRNewswire/ — Focused on driving financial inclusion through digital credit, leading Indonesian fintech company JULO‘s innovative Forever Credit feature – encapsulated in Indonesian language as #BisaTerusPakaiJULO – provides a whole new level of convenience to users across Indonesia.

Convenient User Credit Limit Registration through JULO App

Through the Forever Credit feature, customers only need to apply once and can keep reusing their digital credit limit flexibly as the limit is restored on an ongoing basis. The Forever Credit benefit eliminates the inconvenience of going through a reapplication process or providing additional details for repeat digital credit use, thereby granting continuous financial empowerment and enabling ongoing utilization.

With this feature, every time eligible customers repay their digital credit, their limit is auto-restored. This allows customers to use their limit also for their day to day expenses such as mobile phone top-ups, utility bill payments, e-commerce payments and education payments for them and their family besides their financial needs.

"We have indigenously developed this feature using event based processing that allows for limit restoration and usage of the restored limit seamlessly as and when the payment arrives for eligible users." said Manoj Awasthi, Chief Technology Officer of JULO.

Ardian from Nias, North Sumatra, shared his experience while using JULO. "JULO makes my life quite convenient with its features. I first used JULO to pay for my child’s tuition fee. Shortly afterwards, I found that my limit was restored and I was able to use it for my child’s allowance by doing an ewallet top-up." Henny, another JULO user from Jakarta said, "After getting instant approval from JULO, I directly paid my child’s outstanding tuition fee with its education feature. In addition to this, my limit was conveniently restored and I could use the rest to pay for the graduation ceremony. Since having JULO, It’s been easier for me to manage my family’s finances".

"This Forever Credit feature is another small step forward towards our vision of making financial inclusion more convenient and more accessible. In many cases, the limit is not just restored but is actually increased, thereby making life even more easier for our valued customers", said Nimish Dwivedi, Chief Business Officer of JULO Group. Christian, a JULO user since 2022 shared, "I have been using JULO for developing my business. Thanks to the low interest rate from JULO, I have had no difficulty in making repayments and my credit limit has been upgraded from 15 million to 30 million IDR. Now I can use my limit to both purchase new smartphones and to grow my business further".

The #BisaTerusPakaiJULO feature exemplifies JULO’s vision of democratizing access to financial services by providing customers unprecedented convenience of applying only once and using forever. Established in 2016, JULO remains dedicated to customer-centric product innovation – including five-minute credit access with JULO Turbo and JULO Education which provides education financing in a few clicks for any school, college or online course in Indonesia.

About JULO

JULO is a leading fintech company that is revolutionizing access to ﬁnancial products for millions of emerging consumers in Indonesia. The company is one of the first to develop a digital data-driven credit underwriting and risk assessment platform to process consumer credit applications and determine their creditworthiness using its mobile app.

Founded in 2016, JULO has expanded nationwide. JULO is based in Jakarta and is backed by leading investors including Credit Saison, Skystar Capital, Saratoga Investama, East Ventures, Quona Capital, Central Capital Ventura, MDI Ventures, Gobi Partners and others. JULO has been officially licensed as the provider under OJK circulation No KEP-16/D.05/2020 on 19 May 2020. JULO has been downloaded more than 10 million times and has facilitated credit access to more than 1 million of customers.

Our portfolio includes JULO Digital Credit, JULO Turbo and JULO Education. Our commitment and contribution to the society, business ecosystem and the business landscape have been recognized with numerous awards and recognitions. JULO has won several awards namely; Winner of Indonesia Fintech Festival (2016), Winner of UN Fintech Challenge (2018), and Winner of Inclusive Fintech 50 (2019). For more information, visit https://www.julo.co.id

Source : Leading Indonesian Fintech JULO Redefines Convenience in Financial Inclusion with the Innovative Apply Once, Use Forever Feature.

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Altoo harnesses the world of knowledge around wealth management and introduces Altoo Insights

CISION PR Newswire

Oct 12, 2023

Altoo Insights brings existing and future clients, as well as the general public globally, closer to Altoo online A digital news offering covering wealth management and lifestyle features for the ultra-wealthy and those supporting them Over 500 original and high-quality articles in English, German, and French already accessible Newsletter subscription available

ZUG, Switzerland, Oct. 12, 2023 /PRNewswire/ — Altoo AG, a Swiss-based fintech that empowers investment professionals, family offices and individual ultra-high-net-worth clients to conveniently oversee their wealth through the cutting-edge Altoo Wealth Platform, announces the introduction of Altoo Insights. The news and features channel on the company’s website aims to bring clients and the broader public closer to Altoo digitally and worldwide.

Altoo Insights is designed in line with the company’s mission to deliver "Simplicity for Complex Wealth". Altoo Insights not only details information about the Altoo Wealth Platform but also serves as a comprehensive source for news and stories within the field of wealth management and beyond. They get macroeconomic updates and explore articles on ESG investing and philanthropy. Furthermore, art, travel, vehicles, and timepieces are among the lifestyle features that might assist affluent people enjoy their wealth. Readers will also delve into the cutting-edge topics of IT security and software-based digital wealth management solutions. Visitors can currently read almost 500 articles in English, German, and French.

Meeting client needs

Founded in 2017, the Zug-based wealth-tech company Altoo has been recognised as one of the best Digital Family Office Softwares in 2022 according to Forbes Magazine and a Top 5 "Growth Start-up" at the Swiss Fintech Awards 2023. During its six years of operation, Altoo established a clientele from over 20 countries and has become an industry-leading provider of digital wealth management services.

Its continuous improvement and service evaluation revealed that the majority of Altoo customers’ data consumption habits have shifted over time; they prefer to access information digitally and thus value additional wealth management information explained in digestible news format, as well as receiving regular updates on Altoo’s business mission.

Newsletter subscription now available

Additionally, any Altoo website visitor may subscribe to the weekly email newsletter Altoo Insights Weekly News in Brief, which provides information about the company, the wealth management industry, and other relevant topics. Each Friday, this newsletter features a hand-picked list of the week’s most interesting wealth and financial topics from across the world as well as content specifically curated for the ultra-wealthy.

For more about Altoo, visit www.altoo.io.

Media Contact:
Alexandra Sabolova
[email protected]
+41 58 502 25 25

Link collection
Company website: The Altoo Wealth Platform | Altoo AG
Altoo Insights: Insights | Altoo AG
Newsletter Subscription: Subscribe | Altoo AG

Source : Altoo harnesses the world of knowledge around wealth management and introduces Altoo Insights

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

DHL survey finds 94% of Asia Pacific online shoppers abandon shopping cart if delivery options are not flexible

Corporate News Media OutReach

Oct 12, 2023

DHL survey finds 94% of Asia Pacific online shoppers abandon shopping cart if delivery options are not flexible

Ability to re-direct shipment deliveries or manage delivery locations and dates are important to online shoppers
High smartphone penetration rate has propelled social media to be a source for online shopping
Greener delivery options are becoming vital considerations for e-commerce consumers

SINGAPORE – Media OutReach – 12 October 2023 – The new online shopper survey “Global Online Shopper Survey 2023” by DHL eCommerce has found that 94% of the e-commerce shoppers in Asia Pacific will abandon their shopping carts if they were not offered their preferred delivery options. This includes different delivery locations, the ability to redirect the shipment or a change of delivery date. Nearly one in five shoppers in Asia Pacific frequently abandon their shopping carts, highlighting the importance of making flexible delivery options available.

Infographic - DHL eCommerce Online Shopper Survey_Asia Pacific_page-0001.jpg

Commissioned by DHL eCommerce, the study examines the shopping behaviors of 11,500 e-commerce customers from 13 countries worldwide, including Australia, China, India, Malaysia and Thailand. The survey participants answered questions on their attitude towards cross-border shopping, delivery and returns and sustainability. It aims to provide insights into the international e-commerce industry, consumer expectations from e-commerce businesses, and delivery providers.

Asia Pacific online shoppers want flexible shipping options

Visibility of the shipment’s journey from purchase to delivery is important to online shoppers in Asia Pacific. Almost 82% expressed their desire to have end-to-end tracking of all their shipments, regardless of value or origin. Additionally, while most still prefer home deliveries, about 18% want other delivery options. This is especially evident in China with 45% preferring to have the option of leaving their parcel with a neighbor or other safe place, parcel locker or parcel shop.

About half of the survey respondents in the region also indicated that they are frustrated when delivery times are long (53%) and costs are high (52%) whenever they shop online. These figures are slightly higher than the global average of 45% and 52%. To improve these sentiments, one in two respondents in Asia Pacific indicated that they want faster delivery of their purchases. Additionally, 65% of respondents preferred free delivery, while 41% expected free returns.

“People’s online shopping behaviors are changing. As they shop more online domestically and internationally, they are exposed to many more options and want to have a sense of control over their purchases. They now have even higher expectations towards e-commerce companies as well as delivery providers, including how they want the shipments to be delivered and the industry’s stance towards sustainability. This survey equips us with insights so that we can pinpoint where the gaps are to offer more current and valuable solutions to customers,” said Pablo Ciano, CEO for DHL eCommerce.

Inclination to shop cross-border

As cross-border e-commerce continues to gain traction, consumers are increasingly open to purchasing from international retailers. The survey finds that 52% of Asia Pacific consumers buy from overseas frequently. The Chinese and the Thais shop most frequently internationally, with 20% of Chinese and 23% of Thai shoppers buying at least once daily.

Asia Pacific respondents voted better quality products (44%) as the top reason for buying cross-border, followed by the lack of product or brand in their country (43%). On the other hand, the barriers to cross-border shopping for Asia Pacific online shoppers are long delivery times (55%) and fear of fraud (49%). This means that online retailers and delivery providers need to be able to give shoppers the confidence their purchases will arrive safely and quickly.

Turning to social media to shop

Asia Pacific is seeing a growing interest in social media commerce. Already, an average of 48% of online shoppers in Australia, India, Malaysia and Thailand have purchased from Facebook. Yet, TikTok is more popular in Malaysia and Thailand, where 57% and 52% respectively indicated that they are using the platform. In China, Douyin and WeChat are preferred, with 70% of online shoppers shopping on Douyin and 47% on WeChat.

This trend is driven by various factors including the region’s large Gen Z population. By 2025, Gen Z consumers (born 1996–2012) are expected to make up a quarter of the region’s population. This segment of consumers actively consumes content on social media platforms, making it the channel to watch for businesses to tap into for cross-border selling. The other factor is the strong smartphone penetration in the region where adoption rate was at 76% in 2022, resulting in 78% of consumers shopping using their smartphones.

Sustainability matters to consumers

There is a growing prominence of sustainable and eco-friendly delivery solutions in consumers’ shopping considerations, with 77% of the region’s respondents saying so – surpassing the global average of 71%. Moreover, respondents from India (92%) and Thailand (87%) are among the top three countries concerned with sustainability when shopping online, after Nigeria (96%).

More than one in three (38.8%) online shoppers in the region are also more willing to pay more for sustainable packaging compared to the global average of 28%. Similarly, 38% are also prepared to pay more for a greener delivery option. These observations underscore the need for e-commerce retailers to incorporate sustainability into their product offerings or work with sustainable delivery providers.

The DHL Online Shopper Survey 2023 is available for free download at:
2023 Online Shopper Survey

Hashtag: #DHLeCommerce #OnlineShopperSurvey #Ecommerce

https://www.linkedin.com/company/dhlecommerce/

The issuer is solely responsible for the content of this announcement.

DHL – Excellence. Simply delivered.

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 395,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of DHL Group. The Group generated revenues of more than 94 billion euros in 2022. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. DHL Group aims to achieve net-zero emissions logistics by 2050.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author's own and do not reflect the view of Siam News Network.

Respond.io to Showcase New AI-powered Solutions at GITEX Global 2023

Corporate News Media OutReach

Oct 12, 2023

Respond.io to Showcase New AI-powered Solutions at GITEX Global 2023

DUBAI, UAE – Media OutReach – 12 October 2023 – Respond.io, a pioneering customer conversation management provider, is set to showcase its new AI-powered solution at GITEX Global 2023, hosted at the Dubai World Trade Center from October 16th to 20th. This milestone marks respond.io‘s inaugural participation in one of the world’s largest tech exhibitions.

At the respond.io booth, a team of seasoned experts will demonstrate how respond.io‘s advanced chat automation, flexible integrations and comprehensive reporting module streamline customer conversations and create great customer experiences across multiple sectors, including healthcare, IT and SaaS, logistics, e-commerce and education.

Concurrently, respond.io will also participate in Expand North Star Dubai, the world’s largest global startup event, held at Dubai Harbour in conjunction with GITEX Global 2023.

Gerardo Salandra, respond.io‘s Chief Executive Officer, expressed his enthusiasm, stating, “GITEX Global 2023 is our stage to unveil the evolution of customer communication, especially in the thriving Middle East market. With respond.io‘s innovative solutions, we’re setting a new standard for seamless interactions in a region that holds tremendous potential.”

He further emphasized that respond.io‘s vision aspires to inspire, empower and revolutionize the way businesses engage with their customers in the Middle East.

In addition to introducing Respond AI — an answer for more intelligent and effective customer conversations — Salandra will take the stage for two speaking engagements. His first discourse will delve into the vast possibilities of Generative AI (genAI) and Large Language Models (LLM) in customer conversations to create opportunities and drive business results.

Moreover, Salandra will be a distinguished speaker at the DEX Fireside Chat, where discussions will revolve around the challenges and opportunities encountered by emerging tech icons.

“We look forward to inviting all GITEX Global and Expand North Star Dubai attendees to embark on a journey of discovery with our industry-leading solutions, participate in engaging discussions, explore partnership opportunities and witness the future of customer communication powered by AI firsthand,” Salandra said.

To add an extra layer of excitement, respond.io will hold a lucky draw at its booth, offering attendees the chance to win fantastic prizes while exploring new collaboration opportunities.

Visit the respond.io booth at Hall 9-A30 at the Dubai World Trade Center during GITEX 2023.

Catch Gerardo Salandra at the following speaking engagements:

Conversational AI: How GenAI and LLM are Redefining the Landscape of Global Business Conversations

Date: October 17th
Venue: Dubai World Trade Center
Location: Hall 7, Tech Talk 7
Time: 15:20-15:40

Navigating the Digital Frontier – Unleashing the Potential of Emerging Tech Icons in the Global Digital Economy

Date: October 18th
Venue: Dubai Harbour
Location: Hall 3, Spotlight Stage
Time: 13:30-14:00

Hashtag: #respondio #GITEX2023 #AI

https://www.linkedin.com/company/respondio
https://www.facebook.com/getrespondio/
https://www.instagram.com/respond.io
https://www.youtube.com/@Respondio

The issuer is solely responsible for the content of this announcement.

About respond.io

Respond.io is an AI-powered customer conversation management software that enables teams of all sizes to respond to messages on any channel from a centralized dashboard. Its advanced chat automation, flexible integrations and comprehensive reporting facilitate efficient operations and great customer experiences at scale. The platform is trusted by over 10,000 brands across 86 countries, including British Airways, Toyota, Decathlon, Roche and Klook.

In 2022, respond.io raised $7 million in Series A funding led by Headline Asia and achieved the prestigious status of a WhatsApp Business Solution Provider (BSP) in April 2023. From its headquarters in Malaysia, respond.io continues to innovate and advance the future of customer conversations.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author's own and do not reflect the view of Siam News Network.

DMCC AWARDED GLOBAL FREE ZONE OF THE YEAR 9TH YEAR IN ROW

CISION PR Newswire

Oct 12, 2023

DMCC – the world’s flagship free zone and Government of <span>Dubai</span> Authority on commodities trade and enterprise – has been named ‘Global Free Zone of the Year 2023’ by the Financial Times’ FDI Magazine for a record ninth consecutive year.

The Financial Times’ FDI Magazine awards DMCC ‘Global Free Zone of the Year 2023’ over 68 other nominees Ninth consecutive win endorses DMCC as the world’s leading business district DMCC also recognised with six other awards for Regional Winner (Middle East), Large Tenant Winner (Global), Large Tenant Winner (Middle East), SME Highly Commended (Middle East), Excellence Award for Governance Winner (Global), and Excellence Award for Infrastructure Investment Winner (Global)

DUBAI, UAE, Oct. 12, 2023 /PRNewswire/ — DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has been named ‘Global Free Zone of the Year 2023′ by the Financial Times’ FDI Magazine for a record ninth consecutive year.

DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has been named ‘Global Free Zone of the Year 2023’ by the Financial Times’ FDI Magazine for a record ninth consecutive year.

A total of 69 nominees were assessed against a comprehensive set of criteria, updated this year to increase scope and difficulty, by the Financial Times’ editorial team and a panel of independent judges, making the award one of the most prestigious accolades that a free zone can earn.

The central methodology of the assessment focused on understanding the strength of the investment environments and the company expansion prospects that the free zone enables. Given its core focus on increasing the ease of doing business and the fact that DMCC contributes towards 11% of Dubai’s foreign direct investment (FDI), DMCC scored particularly highly in these two areas.

Further recognising the leading business district and trade hub that DMCC has established, it was also awarded:

Free Zone of the Year – Middle East Large Tenant Free Zone of the Year – Global Large Tenant Free Zone of the Year – Middle East Highly Commended SME Free Zone of the Year – Middle East Excellence Award for Governance – Global Excellence Award for Infrastructure Investment – Global

Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said: "DMCC’s success is testament to the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai who laid the foundation for a world-class trade centre and business district. Through the development of national infrastructure, particularly multimodal transportation links and logistics hubs, DMCC has exceeded expectations to become a global leader in several classes of commodities, and is now accountable for 11 per cent of Dubai’s FDI. As a result, DMCC continues to expand, with its fully-leased Uptown Tower being the latest example of its ongoing demand. DMCC’s greatest strength is based on providing exceptional value, a proposition we will continue to champion in today’s evolving regulatory environment."

Record-breaking performance and attracting FDI

2022 saw DMCC’s most successful year on record, attracting 3,049 new businesses to its business district. This was followed by a near identical six-month performance in H1 2023 in which DMCC registered 1,469 new companies to take its total member count to over 23,000. The large influx of foreign businesses has also solidified DMCC’s role as a central driver of FDI, contributing significantly to the UAE’s economic development.

Driving trade

2023 also marks the year that DMCC sought to activate its diamond expertise to support global trade within lab-grown diamonds (LGD) and coloured gemstones. It held the region’s first symposium dedicated to advancing the LGD industry and also hosted the International Coloured Gemstone Association annual congress.

DMCC continued to facilitate trade across a wide range of verticals, including strategically important commodities such as gold, diamonds, precious metals and stones, tea and coffee, supporting the advancement of the global commodities market and cementing the position of Dubai as a leading hub for commodities trade.

Setting the benchmark for mixed-use communities

DMCC was recognised for its Jumeirah Lakes Towers (JLT) business district, and the range of upgrades and enhancements made to further the community’s standing as a world-class destination to live, work and visit. This included an update on its solar car park sunshades project, which will result in a saving of 7,612 MWh of energy each year.

Attention also turned to DMCC’s Uptown Tower, which recently welcomed its first phase of commercial tenants, launch of the SO/ Uptown Dubai branded residences, and the opening of the urban luxury SO/ Uptown Dubai hotel. Details on the development of the next phase of DMCC’s Uptown Dubai district will be announced in due course, adding further capacity to the business district and significantly bolstering its F&B, retail, entertainment, and cultural offering.

Dedicated ecosystems

The Financial Times also noted DMCC for the strategic partnerships it forms with key local and global entities as part of its remit to build specialised interconnected business ecosystems, such as the DMCC Crypto Centre and the DMCC Gaming Centre. These allow for the exchange of knowledge and resources, and incubation and acceleration, opening new trade corridors in support of DMCC’s member growth. Recent examples include agreements with Bybit and TDeFi (Web3), Czech Mint (gold) and BSAF (agri commodities).

About DMCC

Headquartered in Dubai, DMCC is the world’s most interconnected Free Zone, and the leading trade and enterprise hub for commodities. Whether developing vibrant neighbourhoods with world-class property like Jumeirah Lakes Towers and the much-anticipated Uptown Dubai, or delivering high performance business services, DMCC provides everything its dynamic community needs to live, work and thrive. Made for Trade, DMCC is proud to sustain and grow Dubai’s position as the place to be for global trade today and long into the future. www.dmcc.ae

Source : DMCC AWARDED GLOBAL FREE ZONE OF THE YEAR 9TH YEAR IN ROW

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Infobip identifies five frauds impacting the messaging ecosystem

Corporate News Media OutReach

Oct 12, 2023

Infobip identifies five frauds impacting the messaging ecosystem

New report outlines the five common security challenges impacting mobile users and the steps enterprises and MNOs can take to combat them

KUALA LUMPUR, MALAYSIA – Media OutReach – 12 October 2023 – Global cloud communications platform Infobip has identified five common frauds impacting mobile users in the messaging ecosystem. Infobip explains the security challenges enterprises and mobile network operators (MNOs) face in the application-to-person (A2P) messaging ecosystem. Company also explains its role as a co-guardian of the A2P ecosystem with MNOs, helping protect brands and mobile users with its firewall.

With more and more brand-to-consumer interactions moving to digital channels, ensuring the security and privacy of this communication is vital to deliver a great customer experience. But, while the A2P market will grow to $29 billion by 2024, fraud and the revenues lost to fraud are also increasing. So, now more than ever, all organizations in the A2P ecosystem must protect mobile users and consumers by providing secure communication.

Infobip, which operates a state-of-the-art omnichannel firewall, has identified five critical security challenges MNOs and enterprises need to tackle:

Artificially inflated traffic: Artificial inflation of traffic fraud uses bots to generate one-time PIN requests to generate undue costs and financially benefit the fraudster
Flubot: spreading like flu, flubot starts with a fraudulent link leading users to a malicious site to download an app or security update, which infects a phone with malware
Smishing: SMS phishing, or smishing, is where fraudsters deceive consumers into revealing sensitive data which is misused. It costs consumers $10.1bn, according to RoboKiller
Grey routes: routes that bypass MNO’s charging systems to deliver messages to end users, costing MNOs revenue and leaving mobile users unprotected from security and privacy risks
Spam: unsolicited messages have been plaguing mobile users and consumers for some time

Cédric Gonin, VP Global Business Support at Orange International Carriers, said: “As a leading connectivity wholesaler catering to the needs of operators and content providers globally, Orange International Carriers has been securing its customers’ and partners’ international voice and messaging traffic for decades. And we’ve witnessed a steady increase in the number of attacks over the years, with fraudsters getting smarter and new types of fraud emerging, causing financial and reputational losses to telcos and businesses but also emotional distress for the end-user. Orange and Infobip/Anam therefore took advantage of their joint expertise in telecommunications security to develop a robust A2P SMS protect solution, which identifies current and emerging risks, and proactively safeguards telcos, businesses, and end-users on most channels.”

To help protect consumers, Infobip recommends MNOs work with well establish Messaging providers who have direct relationships with the large brands and also introduce technically superior firewall solutions to their networks to protect the A2P ecosystem. Infobip also calls for regulatory change to remove the restrictions on MNOs using particular modules like content analysis to protect the end users from different fraud scenarios, particularly in Europe. Content analysis is crucial for improving security standards while maintaining high privacy norms. For Enterprises, Infobip recommends using Messaging providers who have direct connections with MNO’s, protecting consumers security and privacy through established communications platforms with global infrastructure.

Matija Ražem, Vice President of Business Development at Infobip, said: “As the largest player in the SMS firewall market, we take our responsibility to protect MNO, enterprises, and consumers seriously. But we are all co-guardians of the A2P messaging ecosystem. While fraudsters are becoming ever more sophisticated, we can reduce AP2 fraud with a combined effort from all involved. The system is only as strong as its weakest link, so MNOs and enterprises should invest in their security and adopt the latest technology to combat fraudsters and protect their customers and business. That is why we have developed features like data anonymization, where our firewall separates sensitive customer data from the content, so customer’s privacy can’t be compromised.”

Infobip has been voted the number one SMS Firewall for four years straight, as voted by MNOs. Its Anam Protect firewall helps protect some 120 MNO networks and safeguards 1.2 billion mobile users combined with MNOs as co-guardians of the messaging ecosystem. Infobip processes around 63 billion transactions over its firewall solutions and blocks more than one billion fraudulent messages monthly every month. Infobip has more than 800 direct connections to mobile network operators, enabling higher security and quality connectivity for their customers. Apart from its SMS Firewall, Infobip have launched officially its Signals as part of its telco security portfolio, which stands out by using advanced technologies like machine learning to detect and blocking fraudulent traffic precisely.

Hashtag: #Infobip

The issuer is solely responsible for the content of this announcement.

About Infobip

Infobip is a global cloud communications platform that enables businesses to build connected experiences across all stages of the customer journey. Accessed through a single platform, Infobip’s omnichannel engagement, identity, user authentication and contact centre solutions help businesses and partners overcome the complexity of consumer communications to grow business and increase loyalty. With over a decade of industry experience, Infobip has expanded to 75+ offices globally. It offers natively built technology with the capacity to reach over seven billion mobile devices and ‘things’ in 6 continents connected to over 9,700+ connections of which 800+ are direct operator connections. Infobip was established in 2006 and is led by its co-founders, CEO Silvio Kutić, Roberto Kutić and Izabel Jelenić.

Recent award wins include:

Infobip named a Leader in the Gartner Magic Quadrant™ for the Communications Platform as a Service (CPaaS) 2023 Report
Infobip named a Leader in the IDC MarketScape: Worldwide Communications Platform-as-a-Service (CPaaS) 2023 Vendor Assessment (doc #US50607923, May 2023)
Infobip named a leader in the CPaaS Leaderboard, Juniper Research (Feb 2023)
Infobip named a leader in the CCaaS Leaderboard, Juniper Research (Aug 2022)
Omdia Ranks Infobip as Leader in CPaaS Universe Report (May 2022)
Ranked the leading service provider in CPaaS by Juniper Research in its new Competitor Leaderboard CPaaS Vendors (October 2021)
Infobip named a Leader in the IDC MarketScape: Worldwide Communications Platform-as-a-Service (CPaaS) 2021 Vendor Assessment (doc #US46746221, May 2021)
Best A2P SMS provider for the fourth year running by mobile operators and enterprises in ROCCO’s annual Messaging Vendor Benchmarking Report
Best CPaaS Provider of the Year, Best RCS Provider of the Year, and Mover & Shaker in Telco Innovation at the 2021 Juniper Digital Awards

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This content was prepared by Media OutReach. The opinions expressed in this article are the author's own and do not reflect the view of Siam News Network.

Highly Anticipated 'Tokyo Ghoul: Break the Chains' Set to Unleash Its Dark Power on November 9th, Garnering Over 500,000 Pre-Registrations!

CISION PR Newswire

Oct 12, 2023

SINGAPORE, Oct. 12, 2023 /PRNewswire/ — The officially authorized strategy card battle mobile game "Tokyo Ghoul: Break the Chains" will be officially launched on 9 November 2023. Pre-download will, however, be available by 8 November 2023 on the official website, App Store and Google Play. More info will be updated on the official website or on official social media accounts.

Highly Anticipated ‘Tokyo Ghoul: Break the Chains’ Set to Unleash Its Dark Power on November 9th, Garnering Over 500,000 Pre-Registrations!

Currently, the number of pre-registrations has reached half a million. After the official launch, players can enter the game to receive great rewards including summon tickets, gold, and Ken Kaneki (Main Page).

Many popular characters from different organizations like; Ken Kaneki, Rize Kamishiro, Toka Kirishima, Juzo Suzuya, Kotaro Amon; will all appear in the game. Classic lines from the animation will reappear, indulging players in the mesmerizing world of Tokyo Ghoul! Players can also create the most powerful teams using different combinations. They can follow their familiar characters and return to this Tokyo Ghoul world full of contradictions and charm!

In addition to the strategic card battles, the game also implements a lot of other gameplay content – players can cooperate with friends to defeat powerful bosses, experience the ever-changing Arena gameplay, defeat random powerful enemies in the exciting Exploration gameplay, and much more.

Additional event info and the latest news will be updated on the official community website. Players who are interested will have to follow the official sites!

Official Website: https://tokyoghoulbtc-en.komoejoy.com/ Official Facebook Page: https://www.facebook.com/breakthechainsEN.KOMOE Official Twitter Page: https://twitter.com/TokyoGhoulBtCEN Google Play & App Store (Mobile users can click for automatic redirection): https://tokyoghoul.onelink.me/McUx/3n7b87ea KOMOE GAME: https://www.komoejoy-sea.com /about https://platform.twitter.com/widgets.js

Source : Highly Anticipated 'Tokyo Ghoul: Break the Chains' Set to Unleash Its Dark Power on November 9th, Garnering Over 500,000 Pre-Registrations!

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