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Tiger Brokers BOSS Debit Card Launches

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Tiger BOSS Debit Card: Introducing Singapore’s first debit card that rewards everyday spending with fractional shares

The debit card addresses myriad challenges faced by beginner investors such as low starting capital, and incorporates easy investing to everyday spending to promote greater investment awareness and financial literacy amongst investors, while empowering them to take control of their finances and investments #LikeABoss.The debit card is the first in Singapore to offer instant rewards in the form of cashback in fractional shares of popular stocks, on top of competitive foreign exchange rates, as well as a seamless digital-first experience through all mainstream Visa-supported e-wallets including Apple Pay and Google Pay.To supercharge sign-ups, users will receive 1% cashback in TSLA fractional shares, SGD 5 for every successful referral made and a chance to win SGD 888 for every three successful referrals.Tiger Brokers (Singapore) is committed to anticipating its customers’ evolving needs in line with Singapore’s ever-changing financial landscape, and seeks to continue rolling out targeted solutions for local investors.

SINGAPORE, March 5, 2024 /PRNewswire/ — Leading online brokerage firm Tiger Brokers (Singapore) has partnered with Wise Platform to unveil its Tiger BOSS debit card, designed with the needs of today’s investors in mind. This is the first debit card in Singapore that enables users to earn fractional shares for every dollar spent.

Mr Ian Leong, CEO of Tiger Brokers (Singapore), said: “We are delighted to be the first company to release such an innovative debit card solution in Singapore. With our deep understanding of the local market, we’ve developed the Tiger BOSS debit card to address the challenges faced by new investors, particularly limited capital. By linking everyday spending with the card, individuals can access pricier stocks without a large initial investment.”

“Furthermore, by offering fractional shares as rewards for everyday spending, we aim to introduce newcomers to investment, and foster awareness and confidence in financial markets. By providing the tools and resources necessary for financial growth, we are committed to democratizing investing and nurturing a generation of informed investors who can navigate the complexities of the market with ease and confidence #LikeABoss.”

Introducing fractional shares as a new mode of rewards

Compared to other reward types like cashback, loyalty points and miles, benefits earned in the form of fractional shares do not have a finite lifespan, with no expiry date or lock-up period, giving investors greater flexibility. Additionally, fractional rewards can inspire the joy of investing, allowing new investors to experience the financial world and its potential rewards through the power of compounding and the accumulation of wealth over time.

With the Tiger BOSS debit card, users can start deploying rewards earned into their investments of choice from the time when a transaction is approved. The shorter duration required to accrue or hold rewards means that investors can free up more capital and make regular investment contributions. This feature is especially useful for consumers who may not want to spend a minimum amount every month to accumulate rewards and reap the benefits only at a later point, as is commonly required for credit cards. 

Invest with convenience

Beyond financial gains, users can enjoy convenience, security and access to a wide range of investment opportunities. Alongside evolving digital lifestyles, more consumers now choose to use digital payments such as contactless cards and online payments to make everyday purchases.

Once activated, the Tiger BOSS debit card can be added to Apple Pay or Google Pay wallets for contactless payments. Fractional shares will also be instantly accrued once users begin to make eligible purchases on-the-go, without having to wait for a physical card to arrive before users start spending. By removing the hassle of making multiple transfers from their savings accounts into their Tiger Trade accounts, users stand to save time and reap the benefits of a seamless digital experience.

Details of approved transactions will be reflected online almost instantly. Meanwhile, rewards scored will be credited to users’ debit card account one working day after the spend has been made.

Invest with Tiger, grow with Tiger

Paired with the rich range of investment offerings and securities on the Tiger Trade platform, such as stocks, options, futures, ETFs, REITs, unit trusts and funds from various global markets, the launch of the debit card bolsters the group’s capabilities to offer an integrated, one-stop platform for users’ investment and lifestyle needs, available at the touch of one’s fingertips.

In addition, users of the Tiger BOSS debit card can take advantage of competitive foreign exchange rates when they spend overseas.

Mr Leong said: “The Tiger BOSS debit card stands as the latest testament to Tiger Brokers Singapore’s dedication to enhancing the local trading experience. As part of the broader Tiger Group, we have been working hard in democratising investing, particularly here in Singapore amongst novice investors for example. Our commitment is unwavering, focusing on the evolving needs of our local retail investors, positioning us as the trusted partner for Singaporeans in managing their wealth. Anticipate more exciting developments tailored for the investing community in Singapore, as we launch additional locally-focused products in the coming months.”

As part of a launch promotion, users who make an eligible transaction using their Tiger BOSS debit card by 30 April 2024 will receive 1% cashback in Tesla fractional shares and receive SGD 5 for every successful referral made. On top of that, users stand a chance to win SGD 888 for every three successful referrals. Terms and conditions apply.

Application for the card is free and instant, and there are no annual subscription fees. The Tiger BOSS Visa debit card is issued by Wise.

How to sign-up for the BOSS debit card

For existing Tiger Trade users (through the Tiger Trade app)

Step 1: Log in to the Tiger Trade app and tap on profileStep 2: Click on “APPLY NOW” after checking the terms & conditionsStep 3: Ensure your mailing address is correct and select “APPLY NOW”Step 4: We will receive your details and mail your physical card to you. In the meantime, you can start to use your virtual card instantly.Step 5: Top up your Tiger BOSS debit cardStep 6: Choose to top up from your linked bank account or from your Prime Account balance

For users new to Tiger Trade

New users will first need to create a Tiger Trade account, before they can apply for the debit card. The account will be opened within 1 to 3 business days of the account opening application being submitted (but may require more time for certain cases). After your account has been successfully opened, you will receive an SMS notification. Alternatively, you may log in to Tiger Brokers’ official website to check your account opening status.

Download the Tiger Trade app from the Apple App Store (for iOS users) or Google Play Store (for Android users), and follow these instructions to open an account today.

Customers also get to enjoy perks exclusive to new users, such as unlimited commission-free trades for up to one year and a 30-day interest bonus boosted to 8% p.a. Terms and conditions apply.

For more information, please visit https://www.tigerbrokers.com.sg/market/tiger-boss-debit-card. For queries relating to registration, please contact us via email at service@tigerbrokers.com.sg, or call / WhatsApp Chat us at +65 6331 2277.

Tiger Brokers (Singapore) Pte. Ltd. has partnered with Wise to provide card issuance and account issuing services. Wise is the trading name of Wise Asia-Pacific Pte Ltd, which is a company incorporated under the laws of Singapore with Unique Entity Number 201422384R.

Wise Asia-Pacific Pte Ltd is regulated as a Major Payment Institution by the Monetary Authority of Singapore (MAS) license: PS20200413. You can verify this information at the MAS website here. Consumers are advised to read this Customer Agreement carefully.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Any views shared with Prospective Clients (“Prospects”) are suggestive in nature and on a sample basis only. This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects’ investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers is not in a position to verify. Investment involves risk. The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, objectives, and circumstances.

About Tiger Brokers (Singapore) Pte Ltd.

Tiger Brokers (Singapore) Pte Ltd (“Tiger Brokers (Singapore)”) is a brokerage firm operating with a Capital Markets Services (CMS) License from the Monetary Authority of Singapore (MAS). Its trading platform, Tiger Trade – available on both online and mobile app (Apple App Store and Google Play Store) offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates. Its online and mobile app trading platform, Tiger Trade, offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates.

Through Tiger Trade, Tiger Brokers (Singapore) offers retail investors in Singapore access to six global exchanges in the US (NYSE, NASDAQ), China (Shanghai/Shenzhen-Hong Kong Stock Connect), Hong Kong (HKEX), Singapore (SGX) and Australia (ASX), with access to investment offerings such as Equities, Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, Callable Bull/Bear Contracts (CBBCs), Daily Leveraged Certificates (DLCs), and US-listed over the counter (OTC) equities, and Fund Mall.

Tiger Brokers (Singapore) is the Singapore entity of UP Fintech Holding Limited (NASDAQ: TIGR), known as “Tiger Brokers” in Asia, a leading online brokerage firm focusing on global investors. The group currently serves over 10 million users and over 2 million account holders worldwide on our flagship platform “Tiger Trade”, own 77 licenses and qualifications in different markets, and have over 1,000 employees on the team in Hong Kong, Singapore, New Zealand, the US, Australia, and Mainland China.

For its advanced digital capabilities and exemplary customer service, Tiger Brokers (Singapore) was conferred the Fintech – Financial Services at the 2023 SBR Technology Excellence Awards, and included for the second time in a row in the Singapore Best Customer Service Survey 2023/24 by The Straits Times and research firm Statista, in the sub-category of trading and brokerage services, under Real Estate and Banking. In recognition of the high quality of service and information provided to help retail investors to invest smartly, Tiger Brokers (Singapore) was selected as the “Winner” of the Best Retail Broker Award category, in the Securities Investors Association Singapore’s Investors’ Choice Awards 2023.

For more information, please visit https://www.tigerbrokers.com.sg/

About Wise Platform

Wise is a global technology company, building the best way to move and manage the world’s money. Over the last decade, Wise has built an entirely new network for the world’s money.

Thanks to Wise Platform, large companies and banks can leverage Wise’s technology and embed the best way to send, receive, and manage money internationally into their existing infrastructure. With a wide variety of partners worldwide, Wise Platform saves banks and businesses time and money by allowing them to seamlessly bring fast, cheap, transparent and convenient cross-border payments to their customers.

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IronNet Inc. and Asterion Partner to Strengthen Cybersecurity and Counter-UAS Defense Solutions

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WASHINGTON and MANAMA, Bahrain, Nov. 13, 2024 /PRNewswire/ — IronNet, the AI-based collective defense cybersecurity company, and Asterion, a leader in counter-UAS technology, announced today at the Bahrain International Airshow a partnership on the protection of critical infrastructure through the integration of AI-based cybersecurity and counter-UAS solutions.

This collaboration addresses the growing need for comprehensive and integrated defense strategies, representing a significant milestone in the evolution of air and space security. To enhance defense capabilities against unauthorized and hostile drones, the partnership integrates IronNet’s IronDome solution with Asterion’s advanced counter-UAS technology, delivering a layered defense framework that strengthens the protection of critical infrastructure, urban environments, and national borders.

The partnership integrates IronNet’s “IronDome” real-time cyber threat detection and coordinated response with Asterion’s drone detection and tracking systems, protecting airspace and critical assets from potential threats.

The methodology employs artificial intelligence, machine learning, and advanced sensor networks to analyze patterns and anomalies across a broad range of data sources. The result is a more robust and proactive defense system capable of identifying and mitigating threats before they can cause significant damage.

“Our partnership with Asterion represents a paradigm shift in how we approach critical infrastructure protection,” said Linda Zecher, CEO of IronNet. “By embracing the convergence of cyber and aerial threat detection and defense, governments and organizations can ensure a more comprehensive and effective approach to safeguarding critical infrastructure and national interests.”

“Together we’re creating a solution that addresses the multi-dimensional threats facing our clients today, including those originating from both ground, air and space-based sources,” said Andreas Mustert, Asterion Founder and CTO

About IronNet 

Founded in 2014, IronNet combines cutting-edge cybersecurity technology with exceptional expertise to deliver advanced, real-time defense solutions for organizations across the private and public sectors worldwide. Leveraging a team of top-tier cybersecurity specialists from industry, government, and academia, IronNet is dedicated to protecting enterprises, critical infrastructure, and nations against highly organized and increasingly sophisticated cyber threats. With its industry-leading products and innovative approach, IronNet empowers clients to stay ahead of evolving cyber adversaries.

About Asterion 

A team of sensor, wireless IP and aircraft design specialists, all with outstanding track-records in their fields, have gathered in Asterion to follow a vision of creating a system of a fully networked early risk detection and game changing, collateral damage avoiding, protection of both local high-risk assets as well as long range border crossing threats, through groundbreaking efficiency and EW protected wireless communications. Rather than considering current risks, contemplating any conceivable future countermeasures is an important part of Asterion’s mission.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ironnet-inc-and-asterion-partner-to-strengthen-cybersecurity-and-counter-uas-defense-solutions-302303073.html

SOURCE IronNet

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Laconic and the Plurinational State of Bolivia announce landmark 5 Billion USD Sovereign Carbon Transaction

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CHICAGO and LA PAZ, Bolivia, Nov. 13, 2024 /PRNewswire/ — Laconic Infrastructure Partners Inc. (Laconic), announced today that it has been mandated by the Plurinational State of Bolivia to utilize its SADAR™ Natural Capital Monetization (NCM) platform to provide technology transfer in support of Bolivia’s capacity building initiatives as it seeks to finance the enhanced ambition set forth in its Nationally Determined Contribution (NDC).

By using Laconic’s first-of-its-kind carbon securitization platform, multiple large-scale environmental data streams will be aggregated to monetize up to 5BN USD of Bolivia’s present & future carbon stocks in the world’s first Article 6 compliant benchmark Sovereign Carbon sale.

“The Plurinational State of Bolivia is committed to completely ending deforestation within our territorial borders by 2030”, said Marcelo Montenegro Gomez Garcia, Minister of Economy & Public Finance. “By working with Laconic, we have been able, for the first time, to generate sufficient development financing to enable our country to make this commitment a reality and enhancing our ambition under the Paris Agreement. This benefits not only our own citizens, but all of mankind, as we collectively strive to meet NetZero 2050.”

By creating its unique Sovereign Carbon product, Laconic has revolutionized financial intermediation in the global carbon market by allowing carbon to be traded as a true financial asset for the first time. This capability allows governments to efficiently monetize their natural capital assets by issuing bona fide securities to institutional buyers at scale globally.

The Sovereign Carbon market is the only mechanism capable of generating the 1 Trillion USD of carbon trading required annually for mankind to achieve its collective NetZero pledge.

Laconic’s unique technology platform, SADAR™, works continuously to manage the data streams which the Sovereign Carbon product requires – ensuring compliance with the not only the Paris Agreement itself, but all applicable local and regional regulatory authorities governing the carbon market. Governments rely on Laconic to ensure seamless compliance with their treaty commitments, allowing them to focus on further enhancing their NDC ambitions and accelerating the pace of global decarbonization.

“Laconic is honored to be working with the Plurinational State of Bolivia to champion the innovative Sovereign Carbon market”, said Andrew Gilmour, CEO of Laconic. “This transaction demonstrates the power of technology to drive change in emerging markets finance, as, for the first time, we are able to collectively harness market forces to generate more economic growth from the preservation of natural capital assets than from the exploitation of them. Put simply – our technology has made it possible to make more money preserving your forests than you can by cutting them down.”

About Laconic
Laconic delivers accurate environmental intelligence, data management tools, and geospatially-fused insights that enable governments, corporations, and financial institutions to engage fairly in data interchange activities that facilitate open and compliant capital markets activity in carbon-linked instruments.

Founded in 2021, the company is a Public Benefit Corporation (PBC) headquartered in Chicago, with offices in Toronto, London, and Singapore.

For more information, please visit www.laconicglobal.com.

Laconic and SADAR (Sentient All-Domain Augmented Response), LUEI, and LUCID are trademarks or registered trademarks of Laconic Infrastructure Partners Inc. in the U.S. and other countries. All other names are trademarks or registered trademarks of their respective companies.

Media contacts:
Laconic
Brant Pinvidic
brant.pinvidic@laconicglobal.com

Elke Heiss
Elke.heiss@laconicglobal.com

Logo – https://mma.prnewswire.com/media/2371293/Laconic_NCM_Logo.jpg

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Kyndryl Unveils Dedicated AI Private Cloud in Japan to Accelerate Customer Deployment of AI Services

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Kyndryl AI private cloud supports customer testing and adoption using the Dell AI Factory with NVIDIA

Private AI cloud is also available to Japanese academic institutions for AI research and innovation

TOKYO, Nov. 13, 2024 /PRNewswire/ — Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, today launched a dedicated AI private cloud designed to enable AI innovation in Japan. Supported by a collaboration with Dell Technologies using the Dell AI Factory with NVIDIA, Kyndryl is establishing a controlled, security-rich and sovereign cloud where organizations can develop, test and implement AI services that expand their ability to compete and accelerate business performance.

Kyndryl’s new AI private cloud in Japan will help financial institutions, insurance providers, manufacturers, retail companies, and academics to confidently design and prepare to deploy innovative AI-powered solutions.

Under the collaboration, Kyndryl is establishing a Kyndryl Vital AI Lab capability that will leverage the AI-powered open integration digital business platform, Kyndryl Bridge, to support end-to-end AI applications and solution development on the NVIDIA AI Enterprise software platform. Kyndryl experts will assist with envisioning and co-creating solutions that harness the benefits of generative AI and large language models to drive innovation and achieve business objectives. Kyndryl also will apply the domain and industry expertise of Kyndryl Consult to advance customers’ ability to create, verify and deliver AI at scale.

“Organizations want to explore and understand how AI and generative AI can enhance and accelerate their business and technology transformation initiatives. They need a reliable and scalable environment with advanced security capabilities where they can develop, test and refine new solutions,” said Jonathan Ingram, President, Kyndryl Japan. “Our new AI private cloud with the Dell AI Factory with NVIDIA will provide a stable and trusted space where customers and Japanese academic institutions can confidently and privately design new applications and solutions, with support for their security, sovereignty, and data residency requirements.”

Customers using the AI private cloud environment also can access Kyndryl’s decades of experience supporting and managing mission critical applications and systems. The collaboration also will leverage Kyndryl’s ongoing work with NVIDIA that is focused on driving the development, implementation and use of solutions that deliver AI-powered insights and business outcomes.

“The Dell AI Factory with NVIDIA integrates Dell’s leading AI portfolio with the NVIDIA AI Enterprise software platform, providing Kyndryl customers the option to procure an end-to-end, pre-validated, full stack infrastructure,” said Kyle Dufresne, SVP, AI solutions sales, Dell Technologies. “With this collaboration, Kyndryl customers can get started on a wide range of AI and generative AI use cases that require security and performance, including retrieval-augmented generation (RAG), model training, and inferencing.”

“Enterprises need next-gen expertise and skills to drive innovation within their businesses and tackle today’s AI challenges,” said Bob Pette, Vice President of Enterprise Platforms, NVIDIA. “The combination of Dell AI Factory with NVIDIA and Kyndryl’s infrastructure services experience will provide the technical foundation and know-how that organizations require to develop and deploy AI at scale.”

Kyndryl will support a variety of customer use cases via its AI private cloud and plans to explore ways the environment can be optimized to enable efficient workload orchestration and workload placement, along with examining how it can enable fractional GPU capabilities to support more granular control over computing resources. 

To accelerate customer adoption and implementation of generative AI solutions Kyndryl also plans to leverage NVIDIA NeMo, NVIDIA NeMo Retriever and NVIDIA NIM microservices, all part of the NVIDIA AI Enterprise platform for the development and deployment of production-grade generative AI applications. This will advance customers’ ability to transform the build, operation and scale-out of an AI factory, leveraging AI integrations across the NVIDIA stack for smooth performance of the AI private cloud.

Through Kyndryl’s new dedicated private AI cloud service, customers can tap into a wealth of expertise crucial to their adoption of AI at scale, with support for their data security, sovereignty, and residency requirements.

Learn more about Kyndryl’s collaborations with Dell and NVIDIA.

About Kyndryl
Kyndryl (NYSE: KD) is the world’s largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries. The company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day. For more information, visit www.kyndryl.com.

Forward-looking statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements often contain words such as “will,” “anticipate,” “predict,” “project,” “plan,” “forecast,” “estimate,” “expect,” “intend,” “target,” “may,” “should,” “would,” “could,” “outlook” and other similar words or expressions or the negative thereof or other variations thereon. All statements, other than statements of historical fact, including without limitation statements representing management’s beliefs about future events, transactions, strategies, operations and financial results, may be forward-looking statements. These statements do not guarantee future performance and speak only as of the date of this press release and the Company does not undertake to update its forward-looking statements. Actual outcomes or results may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties including those described in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission.

Kyndryl Press Contact
press@kyndryl.com 

 

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