Connect with us

Technology

Boost Resilience, Reshaping Smarter Finance Together

Published

7 months ago

on

SHENZHEN, China, June 7, 2024 /PRNewswire/ — Huawei HiFS Frontier Forum 2024 commenced in Shenzhen. The forum, with the theme of Boost Resilience, Reshaping Smarter Finance Together, has brought together financial institutions and Huawei partners from around the world. They discussed how they can reshape resilience, agility, and intelligence through continuous technological innovation and ecosystem cooperation in the face of future uncertainties, and ultimately accelerate the digital and intelligent transformation of the financial industry.

1  Building Intelligent Infrastructure to Accelerate Financial Intelligence

Leo Chen, Senior Vice President, President of Enterprise Sales, Huawei, delivered opening remarks at the forum. He said, “To realize a sound digital and intelligent transformation of the finance industry, Huawei believes three pillars are essential: building a robust and resilient IT infrastructure; building hybrid multi-cloud infrastructure for higher system scalability and greater business agility; and developing a converged data platform, leveraging the cloud, streaming data, and real-time analytics to maximize data value.”

2  Boost Resilience, Reshaping Smarter Finance Together

Jason Cao, Vice President of Huawei and CEO of Huawei Digital Finance BU, delivered a keynote speech at the forum. He pointed out that in the intelligent world, technologies and industries are evolving rapidly, and financial institutions must reshape resilience, agility, and intelligence to stay competitive in the digital economy. “Focusing on the goals of Zero Downtime, Zero Wait, Zero Touch, and Zero Trust, Huawei upgraded a series of infrastructure resilience solutions to help financial institutions reshape resilience; upgraded four key capabilities, including high-performance CCE and distributed database GaussDB, to help financial institutions accelerate application modernization and reshape agility based on a hybrid cloud architecture; upgraded data systems in terms of the architecture, governance, and business scenarios to improve system, user, and business experiences, unleash more value of data and generative AI, and help customers move towards AI Banks,” said Cao.

Kunte Chen, Chief Digital Transformation Officer of Huawei Digital Finance BU, proposed suggestions for banks in the cloud and AI era: “With the rapid advancements in cloud technology and AI, coupled with the emergence of new competitors like digital banks and fintech companies, traditional banks must prioritize adapting to this new landscape. While ensuring the stability and reliability of their existing operations, their primary focus should be on investing in data infrastructure, followed by optimizing investment efficiency. The emphasis of data application should shift towards driving business operations and creating value for customers.”

Joy Huang, Vice President of Huawei Cloud Computing and President of Huawei Cloud Computing Strategy & Industry Development Dept, said, “HUAWEI CLOUD continuously innovates and uses 9 innovative technologies to build a world-class financial cloud, providing financial customers with a resilient cloud infrastructure that is as reliable as mainframe. Multi-cloud management and cloud-based DR and backup capabilities help government and enterprise customers build one group cloud. Leverage industry-leading products and technologies such as databases, big data, data warehouses, and AI to implement data and intelligence convergence, supporting customers’ quick and efficient decision-making. With professional migration service capabilities, Huawei helps financial users migrate to and use the cloud, accelerating financial application modernization.

3  Collaborating with Global Partners to Create New Value

At this forum, Huawei launched the FPGGP (Financial Partner Go Global Program) Acceleration Program. According to Jason Cao, Huawei is committed to building a global ecosystem for the digital finance industry. This involves global leading partners, those who are engaged in the local industry, and those who are innovators in segmented scenarios.

To date, Huawei has served over 3,600 financial customers in more than 60 countries and regions, including 53 of the world’s top 100 banks.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/boost-resilience-reshaping-smarter-finance-together-302167106.html

SOURCE HUAWEI

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

NAVEE Launches ST3 Pro and GT3 Pro at CES 2025, Receives UL and TÜV Rheinland Certifications

Published

40 minutes ago

on

January 10, 2025

By

LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — NAVEE, a global leader in intelligent short-distance mobility, today announced the North American launch of its flagship electric scooters, ST3 Pro and GT3 Pro, at CES 2025. The event, running from January 7 to January 10, also marks the company’s achievement of two prestigious awards that validate its leadership in smart mobility.

UL verification: Micromobility Performance Range, Energy Consumption and Acceleration

During CES, UL awarded the ST3 Pro-U and GT3 Pro-U with the “Micromobility Performance Range/Energy Consumption/Acceleration” verification. This recognition validates NAVEE’s engineering excellence, with both scooters exceeding rigorous standards for range, energy efficiency, and acceleration. Bryan Bai, NAVEE’s Vice President and Head of North American Sales, and Sherry He, vice president and general manager of Consumer, Medical and Information Technologies at UL Solutions, presided over the award ceremony.

TÜV Rheinland Certification: Range at Max. Speed

Simultaneously, TÜV Rheinland granted the ST3 Pro its “Range at Max. Speed” certification, verifying that the scooter delivers on its promised maximum speed range capabilities. Jay Yang, Vice President of Greater China Electrical at TÜV Rheinland, presented the certification to NAVEE, underscoring the scooter’s exceptional performance standards.

“These launches at CES 2025 represent a significant milestone in our mission to advance smart mobility technology for consumers worldwide,” said Lu Jian, Brand Representative of NAVEE. “The UL verification and TÜV Rheinland certification demonstrate our unwavering commitment to excellence and validate the real-world performance our customers can expect.”

ST3 Pro and GT3 Pro: Redefining Smart Mobility

The ST3 Pro and GT3 Pro represent the next evolution in urban transportation. Engineered for the demands of modern city commuting, these premium electric scooters combine exceptional range and acceleration with sophisticated smart features. The prestigious UL verification and TÜV Rheinland certification affirm NAVEE’s position as an industry pioneer in electric mobility innovation.

About NAVEE

Founded in 2021, NAVEE has quickly emerged as a leader in the global electric mobility market. With a presence in over 30 countries and more than 200,000 users, NAVEE is revolutionizing urban commuting with stylish, reliable electric scooters. The company continues to invest heavily in research and development, ensuring it remains at the forefront of innovation in the electric mobility sector.

For more information, visit: NAVEE Official Website https://www.naveetech.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/navee-launches-st3-pro-and-gt3-pro-at-ces-2025-receives-ul-and-tuv-rheinland-certifications-302347809.html

SOURCE NAVEE

Continue Reading

Technology

Fintech nsave launches investment platform, offering people from distressed economies protection from inflation with compliant and safe investments abroad

Published

40 minutes ago

on

January 10, 2025

By

nsave offers trusted dollar, sterling or euro accounts abroad to people from high inflation countries.Customers can now access a range of US equities, ETFs and funds.TQ Ventures leads $18mn financing, with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton.

LONDON and GENEVA, Jan. 10, 2025 /PRNewswire/ — nsave, the provider of trusted, compliant accounts abroad to people from countries with high inflation, has today announced the launch of an investment product, enabling people at risk of financial exclusion to protect and grow their wealth.

The company also confirmed an $18mn Series A investment led by TQ Ventures with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton Foundation, to accelerate their growth.

Today’s means customers can access US equities, ETFs and soon funds managed by some of the world’s largest asset managlaunchers via the nsave app, subject to onboarding and compliance checks.

By working with regulated financial institutions and banking partners in the UK and Switzerland, nsave offers safe and compliant accounts abroad, democratising offshore services to millions of people affected by high inflation or economic uncertainty in their home countries.

nsave’s customers include young professionals who move abroad and face exclusionary and outdated compliance processes due to their country of birth, alongside people from high inflation economies, who fear their life savings will be wiped out.

Based in London and Geneva, nsave is led by former Rhodes Scholars Amer Baroudi and Abdallah AbuHashem.

nsave CEO Amer Baroudi said: “Our vision is to go beyond just protecting everyday people’s wealth by enabling safe and compliant accounts abroad, but to enable them to grow it, too.”

“For some of our customers, this is the first time they can access trusted investment services securely. We believe your passport shouldn’t determine your path to prosperity. Our compliance-by-design approach enables us to offer services safely to many more people.” 

TQ Ventures co-founder and co-managing partner, Schuster Tanger, said: “nsave is tapping into a massive market of individuals underserved by existing financial services who need secure, stable financial solutions.”

“From the outset, I was impressed by nsave’s unique approach and the strength of their team, no doubt a function of Amer and Abdallah’s own lived experience of these challenges. We’re thrilled to roll up our sleeves with nsave to create a more inclusive financial system.”

Contact:
press@nsave.com

 

Photo: https://mma.prnewswire.com/media/2594677/nsave_Founders_AmerandAbdallah.jpg
Logo: https://mma.prnewswire.com/media/2594678/nsave_Logo.jpg

 

 

View original content:https://www.prnewswire.co.uk/news-releases/fintech-nsave-launches-investment-platform-offering-people-from-distressed-economies-protection-from-inflation-with-compliant-and-safe-investments-abroad-302347105.html

Continue Reading

Technology

Vietnam’s Youth Rally Behind Blockchain: KuCoin Reveals Groundbreaking Insights at VTIS 2024

Published

40 minutes ago

on

January 10, 2025

By

HANOI, Vietnam, Jan. 10, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is excited to share the findings from its second edition of the KuCoin Campus Survey, conducted during the Vietnam Technology & Investment Summit (VTIS) 2024. With 926 participants surveyed from December 3rd to December 4th, 2024, the results underscore the vibrant interest in blockchain technologies among Vietnam’s youth, reinforcing KuCoin’s commitment to nurturing this vital market.

The survey, a key initiative under KuCoin Campus, highlights a strong, positive sentiment towards cryptocurrencies, with 92% of participants optimistic about the future of digital assets. Remarkably, 82% of respondents are considering blockchain-related careers, signaling a burgeoning talent pool eager for development and opportunities within the industry.

Vietnam’s strategic importance to both KuCoin and the broader crypto community is evident as 68% of participants expressed a “very high interest” in blockchain, making it a critical hub for crypto innovations and community engagement. Additionally, 73% of respondents currently hold cryptocurrencies, demonstrating a mature market ready for further expansion and adoption.

The survey also uncovered a significant inclination towards diverse blockchain roles, with data analysis (24%), marketing (22%), and business development (21%) being the most coveted. These insights are invaluable as they highlight the areas of highest potential and interest among the future workforce.

“Vietnam has been and will continue to be a key market for us,” said Alicia Kao, the Managing Director of KuCoin. “As the People’s Exchange, we are committed to empowering and equipping this new generation with the tools they need to succeed in the evolving digital landscape.”

View the full report here (EN version, VN Version), or visit KuCoin’s official website for further information.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.

Photo – https://mma.prnewswire.com/media/2595229/image_5002362_11273757.jpg
Logo – https://mma.prnewswire.com/media/2356857/5109491/KuCoin_Horizontal_Green_LOGO_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/vietnams-youth-rally-behind-blockchain-kucoin-reveals-groundbreaking-insights-at-vtis-2024-302347817.html

Continue Reading

Trending