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Mapping Out 2024: Alchemy Pay Roadmap

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SINGAPORE, March 1, 2024 /PRNewswire/ — As we embark on a new year filled with promise, which kicked off on a high note by the BTC ETF approval and features upcoming milestones like ETH‘s Dencun Upgrade and the quadrennial Bitcoin halving, the stage is set for remarkable achievements, and we’re in for this thrilling year.

In 2024, our key priorities revolve around:

Advancing our ramp serviceEnhancing the crypto cardIntroducing the innovative Web3 bank accountSecuring essential regulatory licenses

In the exciting journey ahead, Alchemy Pay is ready to make a lasting impact. We’re steadfast in our dedication to growing payment options, investing in compliance for the future, and smoothly bringing millions into the dynamic world of cryptocurrency.

Enhanced Ramp Solution for Increased Scope

Achieving 100% Global Payment Coverage

As a leading global crypto payment service provider, our commitment extends to connecting fiat and crypto in every country that is accessible. We actively strive to expand our footprint, ensuring our services reach everyone across the globe.

With our existing coverage spanning 173 countries and regions, we are now poised to embark on a greater vision in 2024: Beyond traditional global payments like credit cards, we are determined to integrate local payments as an alternative for every country where crypto usage is non-restricted. That means, we aim to attain 100% complete coverage of local payments on a global scale, with plans to introduce 40+ new payment channels and methods to enhance our ramp service, including Revolut and N26 in the UK, Trustly in Europe, and multi local payment methods across Asia.

Localization stands as one of Alchemy Pay’s distinct advantages. While it presents its own set of challenges, our dedicated team is prepared to enhance payment capabilities, catering to global users, and making significant strides in onboarding the next millions of users. Our pursuit of this vision shows our commitment to providing inclusive and accessible crypto payment solutions worldwide.

Comprehensive Blockchain and Network Support

In our commitment to enhance services for business partners and enable their users to engage with Web3 projects through fiat-crypto transactions, our ramp solution will achieve universal blockchain support for ALL tokens.

Our aim is twofold – not only to provide users with a smooth and effortless experience in embracing cryptocurrencies but also to empower crypto entrepreneurs. This empowerment involves ensuring fair and equal access to financial capabilities within the dynamic landscape of the blockchain realm, fostering an environment of inclusivity and opportunity for all.

Upgraded Crypto Card: Popular Payment Methods, More Fiat Options

Officially launched in June 2023, our innovative crypto card was available on the Binance Marketplace through the “Crypto Card” mini app last December. The astounding success of attracting over 500,000 users within just six months underscores the growing demand for crypto cards and the daily use of crypto for spending.

In response to this growing demand, we are set to enhance the capabilities of our crypto card. This involves full compatibility with major card networks including Visa, Mastercard, American Express, Diners Club, JCB, and Discover. Additionally, our crypto card will integrate with popular digital payment platforms like Apple Pay, Google Pay, and Samsung Pay, allowing users to easily add the prepaid virtual card to their wallet apps for seamless transactions with these widely used digital payment methods .

Furthermore, the virtual crypto card is set for ongoing enhancements, with upcoming updates that will broaden its support to encompass additional fiat currencies like HKD and EUR. This ensures a flexible and user-friendly experience for our customers.

Innovative Web3 Digital Bank 

Alchemy Pay is collaborating with crypto-friendly banks in Europe to seamlessly integrate their account opening capabilities into our product. Upon obtaining the anticipated UK Authorised Payment Institution (API) license, we will be equipped to provide various services including remittance, payment processing, and the management of payment accounts.

This integration will allow individual users to directly open personal accounts denominated in EUR and USD through our platform. Furthermore, our innovative Web3 digital bank is geared towards Web3 companies, offering the option to open multi-currency accounts. What sets this apart is that users can easily convert between USD and EUR, multiple fiat currencies and crypto, such as EUR/USD and USDT/USDC, in real time, making it easier to navigate between the traditional financial world and the crypto world.

As a company rooted in payment capabilities, our aim extends beyond user-friendly ramp services. We aspire to offer banking services that match the depth of our business. Envision Alchemy Pay as a product harmonizing on-chain wallet services with real-world bank accounts—opening the door to limitless possibilities in a future where web2 and web3 seamlessly converge!

Regulatory Licenses for Enhanced Compliance and Security

In 2024, Alchemy Pay anticipates the submission and acquisition of over 20 licenses globally. This strategic move is aimed at facilitating the deployment of our products and services in a compliant manner across diverse countries and regions. Additionally, it provides a more secure payment experience for both users and partners while enhancing our competitive edge and reinforcing safeguards for a payment gateway in this industry.

Apart from the already planned locations like Hong Kong, the U.S., and the U.K., we are actively pursuing compliant certifications in additional regions such as Australia, South Korea, Singapore, and Europe, where a regulatory framework for the crypto asset market is on the horizon.

The list of licenses we plan to apply for and obtain is as follows: the Authorised Payment Institution License (API) in the UK, the Money Transmitter License (MTL) across various states in the US, the Money Service Operator License (MSO) in Hong Kong, the Virtual Asset Service Providers License (VASP) in Korea, the Digital Currency Exchange Providers License (DCEP) in Australia, and the Digital Payment Token License (DPT) in Singapore.

Moreover, we are diligently seeking compliance-related applications and approvals to align with latest regulatory standards and improve our crypto payment operations. This includes applying Information Security Management Systems (MIMS) in Korea, complying with Markets in Crypto-Assets Regulation in Europe, and adhering to Financial Service Standards Association (VQF) regulations in Switzerland.

Compliance holds significant importance for us, opening up a broader spectrum of business opportunities, reducing operating costs, and ensuring enhanced security in payments for our users. Our consistent emphasis on compliance underscores Alchemy Pay’s commitment to long-termism and active participation in the growth of the crypto industry. 

Stay Tuned for Our Big News

Not enough for these? In a whispering voice: We are making a bold move and launching another major initiative for the new year.

Designed for fiat-crypto payments and borderless finance, it’s poised to revolutionize the industry and rewrite the rules. Brace yourself for the upcoming game-changer in payments!

Concluding our roadmap for 2024, we affirm our dedication to bridging the global fiat and crypto economies. Our focus is on crafting pioneering solutions in crypto payments and pushing the limits of what is achievable. Get ready for a year of unstoppable impact and growth as we strive to bring Alchemy Pay’s vision to life!

Try Now
Try our On & Off-Ramp to buy and sell crypto and local fiat currencies today
https://ramp.alchemypay.org/

Follow Alchemy Pay
Website Twitter LinkedIn Medium YouTube Telegram Discord

 

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SOURCE Alchemy Pay

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Ricoh and LG Announce Global Partnership to Enhance Workplace Experience Solutions

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Expanding communication services capability in the global B2B market

TOKYO, Sept. 20, 2024 /PRNewswire/ — Ricoh Company, Ltd. today announced that it has concluded a memorandum of understanding (MOU) with LG Electronics (LG), a trusted partner offering innovative products and customized solutions for diverse industries worldwide, to collaborate on digital solutions for workplaces. Pairing Ricoh’s communication services and LG’s display products, this partnership will deliver B2B customers in the global market an elevated user experience and exceptional customer value. Through this partnership, Ricoh will further enhance its capability in the Workplace Experience domain, one of its growth areas, and it aims to be the top global audiovisual (AV) integrator.

Partnering with LG, Ricoh will strive to enhance its communication services in the Workplace Experience domain. Integration of high-quality devices such as signages and displays into Ricoh solutions will enrich Ricoh’s product and service portfolio and achieve a stable global supply. In addition, the two companies will jointly drive associated sales and marketing efforts and explore new business opportunities as the partnership unfolds.

Takahiro Irisa, Senior Corporate Officer and President of Ricoh Digital Services and Paik Ki-Mun, Senior Vice President and Head of the Information Display Business Unit of LG Business Solutions Company, present the signed memorandum of understanding.

As its mid-term vision, Ricoh aims to provide consistent global services as a workplace services provider in the changing workplace. In the Workplace Experience domain, Ricoh provides solutions enabling seamless collaboration in offices and other workplaces where hybrid work has become commonplace, enhancing people’s creativity. Ricoh empowers customers to focus on value adding, creative tasks and achieve organizational growth through its integrated solution propositions of hardware, software, and managed services that comfortably utilize them.

“The pairing of Ricoh’s office solutions with LG’s advanced display products will deliver impressive value to customers and further establish LG as one of the most trusted providers of integrated solutions in the B2B market,” said Paik Ki-Mun, Senior Vice President and Head of the Information Display Business Unit of LG Business Solutions Company. “LG will continue to pursue strategic partnerships with innovative global companies to create customized solutions for today’s business environment.”  

Takahiro Irisa, Senior Corporate Officer and President of Ricoh Digital Services Business Unit, Ricoh Company, Ltd. said “We firmly believe that this global strategic partnership with LG will accelerate Ricoh’s Workplace Experience business. Through the synergy between LG’s advanced display products and Ricoh’s communication services, we will continue to offer optimal workplace to our customers as a workplace services provider. Ricoh will continue to execute strategic partnerships to empower our customers to achieve fulfilment through work.”

 

 

| About Ricoh |

Ricoh is a leading provider of integrated digital services and print and imaging solutions designed to support the digital transformation of workplaces, workspaces and optimise business performance.

Headquartered in Tokyo, Ricoh’s global operation reaches customers in approximately 200 countries and regions, supported by cultivated knowledge, technologies, and organisational capabilities nurtured over its 85-year history. In the financial year ended March 2024, Ricoh Group had worldwide sales of 2,348 billion yen (approx. 15.5 billion USD).

It is Ricoh’s mission and vision to empower individuals to find ‘Fulfillment through Work’ by understanding and transforming how people work so we can unleash their potential and creativity to realise a sustainable future.

For further information, please visit www.ricoh.com

 

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© 2024 RICOH ASIA PACIFIC PTE LTD. All rights reserved. All referenced product names are the trademarks of their respective companies.

 

 

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SOURCE Ricoh Asia Pacific Pte Ltd

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Wright, Moore, DeHart, Dupuis & Hutchinson Provides Notice of Data Security Incident

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LAFAYETTE, La., Sept. 19, 2024 /PRNewswire/ — Wright, Moore, DeHart, Dupuis & Hutchinson (“WMDDH”) has become aware of a data security incident that may have involved individuals’ personal information. WMDDH is providing notification to the potentially involved individuals about this incident, providing steps they can take to help protect their personal information, and offering the opportunity to enroll in complimentary credit monitoring and identity protection services.

What Happened. On or around July 11, 2023, WMDDH became aware of unusual network activity and immediately took steps to secure our systems. We launched an investigation with the assistance of leading cybersecurity experts to determine what happened and whether sensitive or personal information may have been affected during the incident. As a result of the investigation, we identified that certain WMDDH data may have been acquired without authorization. WMDDH then engaged an independent team to conduct a comprehensive review of all potentially affected data, and on May 8, 2024, that review determined that personal information may have been affected. WMDDH then worked diligently to identify contact information to effectuate notification and prepare the services being offered to affected individuals, as provided in more detail below. This process was completed on July 18, 2024.

What Information Was Involved. The information involved may have included individuals’ names, Social Security numbers, driver’s license numbers, financial account numbers, passport numbers, and/or medical/treatment information.

What We Are Doing. As soon as WMDDH learned of the incident, we took the measures described above and implemented additional security features to reduce the risk of a similar incident occurring in the future. We are also providing information about steps individuals can take to help protect their personal information.

Additionally, we are offering impacted individuals the opportunity to enroll in credit monitoring and identity protection services through Equifax®.

What You Can Do. Please review this notice carefully, along with the guidance included with this notice about additional steps that can be taken to protect your information.

WMDDH takes the security of information in its possession very seriously and has taken steps to prevent a similar event from occurring in the future. We deeply regret any concern or inconvenience this may cause.

Additional information is also available via WMDDH’s website.

View original content:https://www.prnewswire.com/news-releases/wright-moore-dehart-dupuis–hutchinson-provides-notice-of-data-security-incident-302253769.html

SOURCE Wright, Moore, DeHart, Dupuis & Hutchinson

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AIE Graduates create visual effects for Academy-nominated film

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NAWI, a feature film whose visual effects were created by graduates from the Academy of Interactive Entertainment (AIE), has been officially nominated by Kenya for entry into the 97th Academy Awards in the category of Best International Feature Film. NAWI is a heartfelt story about a young girl’s journey towards empowerment and aims to shed light on a pressing issue that affects countless young women in the Turkana region of Kenya.

CANBERRA, Australia, Sept. 19, 2024 /PRNewswire-PRWeb/ — NAWI, a feature film whose visual effects were created by graduates from the Academy of Interactive Entertainment (AIE), has been officially nominated by Kenya for entry into the 97th Academy Awards in the category of Best International Feature Film. NAWI is a heartfelt story about a young girl’s journey towards empowerment and aims to shed light on a pressing issue that affects countless young women in the Turkana region of Kenya.

“The film has a very important social message to tell so it was rewarding in many ways to be able to contribute to this project. NAWI was a fantastic opportunity for our graduates to put their skills to the test on a full-length feature film,” said Tom Pugh.

AIE graduates and teachers were given the opportunity to work on the film’s visual effects through AIE’s ongoing partnership with Learning Lions, who produced the film with Film Crew & Baobab Pictures. AIE is proud to support Learning Lions non-profit mission to enable young adults in marginalised rural communities of East Africa to become digital creatives by providing game development training and technology.

The visual effects for NAWI were brought to life by AIE teachers and experienced industry professionals, Thomas Magill and Tom Pugh, who were tasked with supervising the visual effects and liaising with the film’s Directors, Apuu Mourine, Kevin Schmutzler, Tobias Schmutzler and Toby Schmutzler. They assembled a team of recent AIE graduates and worked out how to create the effects required to immerse audiences in Nawi’s world.

“Graduates were able to take the skills they had learnt in class and apply them to cinema-quality footage. There was even a bit of nervous excitement working with professional expectations and deadlines,” said Tom Pugh.

Thomas Magill explained that most of the work involved compositing such as fixing blemishes, removing unwanted folds in clothing, changing pages in a book and removing background actors that were in the wrong place.

“We had a river shot where there was only a sandbank, and we had to create an entire island! There were several shots filmed in a dry riverbed which required us to create floodwater. We had to draw upon various disciplines: not just digital compositing but also visual effects creation and fluid simulations,” said Thomas Magill.

Both teachers enthused that the directors were a pleasure to work with and the collaboration was smooth.

“The film has a very important social message to tell so it was rewarding in many ways to be able to contribute to this project. NAWI was a fantastic opportunity for our graduates to put their skills to the test on a full-length feature film,” said Tom Pugh.

Learning Lions and AIE look forward to seeing NAWI progress through two rounds of voting by members of the Academy of Motion Picture Arts and Sciences to narrow the list of submitted films down to five nominees for the Best International Feature Film.

About Academy of Interactive Entertainment (AIE)

AIE offers practical, career-focused courses delivered by industry-experienced teachers in 3D animation, game development, visual effects and film. Since 2019 AIE has sponsored scholarships to their Certificate and Diploma programs to Learning Lions student. AIE provided laptops and is supporting with opportunities at various gaming companies around the world for paid part-time and full-time work.

https://aie.edu.au/

About Learning Lions

Learning Lions is fighting poverty with digital opportunity. Established in 2015, Learning Lions equips local youth with essential IT and media skills, and empowering them to become entrepreneurs and self-sustaining individuals. By leveraging digital services, these aspiring entrepreneurs not only support themselves but also provide opportunities for others through employment and mentorship.

https://www.learninglions.org/

Media Contact

Neil Boyd, Academy of Interactive Entertainment, 61 434273190, neilb@aie.edu.au, https://aie.edu.au/

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View original content to download multimedia:https://www.prweb.com/releases/aie-graduates-create-visual-effects-for-academy-nominated-film-302252825.html

SOURCE Academy of Interactive Entertainment

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