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Bitget Launches Fiat OTC Service for Block Trade, Supporting GBP, EUR and USD

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VICTORIA, Seychelles, July 4, 2024 /CNW/ — Bitget, the leading cryptocurrency exchange and Web3 company, has launched its new fiat Over-the-counter (OTC) platform for block trade. The service initially supports Euros (EUR), Pounds (GBP) and US Dollar (USD), soon to be extended to Turkish Lira (TRY), Brazilian Real (BRL), and South African Rand (ZAR) for fiat to crypto and vice-versa settlements. This new offering caters to institutional investors and professional crypto traders, ensuring enhanced privacy, broader liquidity, and expedited settlements for large-order trading.

Over-the-counter trading, or OTC trading, is essential for those looking to avoid the market impact of blocked trades. It provides personalized, secure services, ensuring that large transactions do not influence open market prices. Bitget’s OTC service stands out by offering professional execution, secure clearing, and competitive quotes throughout the transaction process, irrespective of the order size.

Bitget Fiat OTC utilizes leading Multi-Party Computation (MPC) technology to create an advanced security firewall, protecting clients’ assets. Transaction data remains private and is not publicized, ensuring a high level of privacy for clients. Bitget Fiat OTC does not hold custody of fiat or crypto assets for its clients, maintaining an additional layer of security and trust.

“Bitget’s Fiat OTC service is one of our milestones in providing traditional finance like security and seamless services to crypto pro traders on the platform. With enhanced security and advanced infrastructure for trading, there’s significant growth in participation from pro-traders and crypto influencers. Our compliant OTC desk will ensure that our most valued users receive exceptional customer support and trading solutions,” said Gracy Chen, Chief Executive Officer (CEO) at Bitget

In strict adherence to global regulatory standards, Bitget OTC follows Know Your Customer (KYC) requirements to combat money laundering (AML) and terrorism financing (CFT). Advanced algorithm models are used to monitor real-time client transactions, and any suspicious activities are flagged accordingly.

The OTC users have access to aggregated liquidity pool sourced from leading exchanges and market makers. Bitget OTC ensures competitive prices close to the spot rate, irrespective of the order size. Notably, there are no fees for account opening, maintenance, or processing, making the service cost-efficient for large-scale traders.

Bitget’s team of professional advisors offers one-on-one, round-the-clock service to clients, ensuring a seamless trading experience. The help center and service hotline are available to assist clients in quickly getting started with the OTC trading service. Settlement is instant upon trading confirmation, with no involvement of third parties.

The minimum trade size for Bitget OTC is an equivalent value of $100,000 USD or EUR, with no maximum limit for trades or any trading fees, offering an all-inclusive price within the bid. To access the OTC service, users need to have a verified Pro-level OTC-specific Bitget account. For professional investors seeking a secure, private, and efficient trading solution, Bitget’s exclusive Fiat OTC service offers crypto‘s world-class services ensuring seamless fiat-crypto conversions.

For more information, please visit Bitget Fiat OTC – https://www.bitget.com/fiat/otc

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team).

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

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ACORD Launches “GRLC Generation 2.0” Data Standards to Support Digitalization Throughout Global (Re)Insurance Industry

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NEW YORK and LONDON, April 10, 2025 /PRNewswire/ — ACORD, the standards-setting body for the global insurance industry, today announced the launch of the next generation of the ACORD Global Reinsurance & Large Commercial (GRLC) Standards. “GRLC Generation 2.0” represents an updated, global, digital-first approach to data messaging, enabling straight-through, end-to-end processing across the policy lifecycle and the (re)insurance ecosystem.

ACORD GRLC Gen 2 Standards will allow insurers, brokers, and service providers to leverage a unified set of digital data standards from placing to binding to claims to settlement. This will not only increase efficiency, interoperability, and data quality, but also support the adoption and implementation of emerging digital-first systems both internally, and across trading partners.

“As the global industry faces an unprecedented rate of change, our members have expressed an even greater demand for digitalization and interoperability. We are witnessing some incredible success stories of members digitizing their enterprises and trading partnerships, and enjoying material efficiency gains over their non-digital peers,” said Chris Newman, President International, ACORD. “There is a golden opportunity to extend the benefits of standardized data exchange across all stakeholders and throughout the insurance lifecycle.”

ACORD GRLC Standards have been widely used by the global (re)insurance and specialty markets for years to enable efficient and effective flow of insurance data. GRLC Generation 2.0 has updated and aligned the development of these standards with several market modernization initiatives, including:

ACORD Next-Generation Digital Standards, a lightweight, technology-agnostic, JSON-based set of standards optimized for fine-grained transactions such as microservices and APIs;Lloyd’s Blueprint Two and Core Data Record (CDR), for which ACORD Standards were selected as the market’s chosen data standards methodology; andPeer-to-peer implementation of ACORD GRLC Standards by users such as the Ruschlikon community, which has reported up to 70% reduction in unallocated cash, 80% improvement in data quality, and 60% reduction in manual effort to process transactions.

ACORD GRLC Gen 2 Standards feature enhanced navigation and accessibility, with robust application and architecture for placing, claims, and accounting digital messaging. They provide a range of business and technical assets to fully support implementers in their digital journey, with each asset tailored to the specific needs of the business or technical audience.

The first assets released under the ACORD GRLC Gen 2 Standards are:

A new Unified Placing Standard and updated ePlacing Implementation Guide, unifying the Blueprint Two and peer-to-peer workstreams to create a single standardized approach to digital placing that can be easily adopted by insurers, reinsurers, brokers, and placing platforms.A whitepaper on Enabling the Future of Claims Digital Messaging, outlining the development of new Claims Handling & Orchestration Standards to complement existing Claim Movement Standards and enable straight-through digital claims processing for both insurers and reinsurers.

Upcoming releases will include next-generation updates of the ACORD EBOT (accounting & settlement), ECOT (claim movement), and CRP (contract, risk & pre-accounting) Standards, featuring both XML- and JSON-based implementations.

“This new era of the GRLC Standards will transform how organizations communicate and transact business within global (re)insurance markets,” Newman added. “We are excited to share the GRLC Generation 2.0 vision of enabling truly digital, end-to-end data exchange across our community.”

About ACORD

ACORD is the global standards-setting body for the insurance industry. ACORD facilitates fast, accurate data exchange and efficient workflows through the development of electronic standards, standardized forms, and tools to support their use. ACORD currently engages more than 36,000 participating organizations spanning over 100 countries, including insurance and reinsurance companies, agents and brokers, software providers, financial services organizations, and industry associations. ACORD maintains offices in New York and London. Learn more at www.acord.org.

CONTACT:

Beth Jarecki

beth@omniaparatus.com

Logo – https://mma.prnewswire.com/media/631946/ACORD_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/acord-launches-grlc-generation-2-0-data-standards-to-support-digitalization-throughout-global-reinsurance-industry-302425158.html

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FNP Partners with CleverTap to Power Intelligent, Personalised Customer Engagement at Scale

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SAN FRANCISCO and MUMBAI, India, April 10, 2025 /PRNewswire/ — FNP (Ferns N Petals), India’s leading and most preferred gifting platform, has partnered with CleverTap, the all-in-one customer engagement platform, to further enhance its digital-first approach to customer experience. This collaboration aims to deliver intelligent, timely, and personalised communication that strengthens brand affinity and drives customer delight across every touchpoint.

With a rich legacy of making celebrations memorable through thoughtful gifts and reliable delivery, FNP continues to invest in technology that complements its customer-centric ethos. Through this partnership, FNP will leverage CleverTap’s AI-powered segmentation and omnichannel capabilities to accurately identify users and reduce redundant communication. This will enable the brand to deliver contextual, real-time engagement that enhances the overall customer experience.

“At FNP, we’re always exploring meaningful ways to elevate the customer journey,” said Avi Kumar, Chief Marketing Officer, FNP. “With CleverTap, we’re excited to unlock new possibilities in hyper-personalised engagement—bringing together data, automation, and agility to enrich every experience, from discovery to delivery.”

With CleverTap, the brand will now be able to drive higher conversions at key moments in the customer journey—such as during sign-up or checkout—using real-time triggers and personalised nudges. With automation at scale, FNP can deliver timely reminders and promotional offers with minimal manual intervention.

Sidharth Pisharoti, Chief Revenue Officer, CleverTap said, “With our platform’s ability to unify customer data and drive real-time engagement, we’re excited to partner with FNP and provide support in creating even more meaningful and seamless user experiences for their customers.”

This partnership marks a key step in FNP’s ongoing commitment to innovation-led growth, as the brand continues to shape the future of gifting through consumer-first thinking and smart, data-backed engagement.

About FNP

FNP (Ferns N Petals) is India’s leading and most preferred gifting brand, with over 30 years of expertise in delivering exceptional and memorable gifting experiences.

As the market leader, FNP offers an extensive product portfolio that spans flowers, cakes, personalised gifts, plants, and gourmet hampers, catering to a wide spectrum of customer needs. With a network of 400+ retail stores across India and a growing international presence, FNP seamlessly bridges both online and offline platforms, setting benchmarks in customer service, innovation, and reliability.

Known for its pioneering efforts in omnichannel retail, FNP ensures that gifting is a hassle-free, delightful experience, available at the customer’s fingertips. With a sharp focus on quality, timely delivery, and highly customizable offerings, FNP has become the trusted partner for millions of customers during key celebrations and life’s important moments.

Constantly innovating and expanding into new categories and markets, FNP continues to shape the future of gifting, driving growth through leadership, customer-centricity, and an unwavering commitment to excellence.

About CleverTap

CleverTap is the leading all-in-one customer engagement platform that helps brands unlock limitless customer lifetime value. CleverTap is trusted by over 2000 brands like Decathlon, Domino’s, Levis, Jio, Emirates NBD, Puma, Croma (A Tata Enterprise), Swiggy, SonyLIV, Axis Bank, AirAsia, TD Bank, Ooredoo, and Tesco to help build personalised experiences for all their customers. The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering speed and cost efficiency at scale.

Backed by top-tier investors such as Accel, Peak XV Partners, Tiger Global, CDPQ and 360 One, the company is headquartered in San Francisco, with presence across Seattle, London, São Paulo, Bogota, Mexico, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Delhi, Singapore, Vietnam, and Jakarta.

For more information, visit clevertap.com or follow us on:
LinkedIn: https://www.linkedin.com/company/clevertap/
X: https://twitter.com/CleverTap

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap’s belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:
SONY SHETTY
Director, Communications, CleverTap
sony@clevertap.com

ASHMIT CHAUDHARY
Associate Consultant, Archetype
ashmit.chaudhary@archetype.co

Photo: https://mma.prnewswire.com/media/2661751/FNP_Partners_with_CleverTap.jpg

 

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The Ulike Air 10 Revolutionises Self-Care and Delivers Salon-Quality Results with Advanced Features

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Glow Into Spring: Why IPL Is the Smarter Way to Get Summer-Ready Skin

LONDON, April 10, 2025 /PRNewswire/ — As spring arrives and layers come off, it’s the perfect moment to rethink your hair removal routine. While shaving and waxing have been long-standing favourites, more and more people are turning to IPL (Intense Pulsed Light) technology for a smoother, longer-lasting solution.

The Problem with Traditional Hair Removal
Shaving is quick but short-lived, often causing irritation, ingrown hairs, and daily upkeep. Waxing lasts longer but is painful, expensive, and can leave skin sensitive. Both require constant maintenance — adding time and cost.

What Makes IPL Different?
IPL uses gentle pulses of light to target hair follicles, gradually reducing growth at the root. With regular use, it delivers lasting smoothness with fewer sessions and less hassle.
It’s also more cost-effective. Instead of repeatedly buying razors or booking waxing appointments, IPL lets customers invest once and enjoy salon-level care at home.

Why Spring Is the Ideal Time to Start
IPL works best on untanned skin and requires consistent sessions, as it targets hair during the active growth phase. Starting now gives customers enough time to complete a full treatment cycle before summer — ensuring smoother skin just when customers want it most.

Revolutionise Self-Care with the Ulike Air 10
The Ulike Air 10 delivers salon-quality results with advanced features that make treatments faster, safer, and more effective:

Ice Cooling: Patented technology keeps skin comfortably cool for a virtually painless experience.Dual Lights: Two light sources expand the treatment area by 18% and boost energy output by 57%.SHR Mode: Inspired by clinical lasers, this setting targets stubborn hair with up to 26J per burst.SkinSensor: Automatically adjusts power levels for safe, personalised treatments.

Limited-Time Offer
From May 1–18, enjoy 20% off sitewide plus an extra 15% off with code EASTER15. Visit Ulike’s official website to shop the sale and discover smoother skin, faster.

About Ulike
Founded in 2013, Ulike delivers premium IPL hair removal devices that are UKCA/CE-approved, clinically tested, and dermatologist-recommended. Trusted by over 7 million users across 17 countries, Ulike combines cutting-edge IPL and Sapphire Ice Cooling technology for safe, long-lasting hair removal from head to toe.

View original content:https://www.prnewswire.co.uk/news-releases/the-ulike-air-10-revolutionises-self-care-and-delivers-salon-quality-results-with-advanced-features-302425477.html

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