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Taiwan’s Fintech Shines in Singapore! FinTechSpace Once Again Leads a Delegation to 2024 Singapore FinTech Festival

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TAIPEI, Oct. 31, 2024 /PRNewswire/ — To enhance the integration of Taiwan’s fintech industry with international markets, guided by the Financial Supervisory Commission (FSC) and organized by the Taiwan Financial Services Roundtable (TFSR), FinTechSpace, Taiwan’s first one-stop fintech innovation accelerator, is leading a Taiwan fintech delegation to the largest fintech event in the world – Singapore FinTech Festival for the sixth consecutive year. The delegation this year is particularly noteworthy, featuring 11 selected fintech companies and 11 financial institutions, totaling nearly 70 representatives. FinTechSpace will hold a “Meet Taiwan FinTech Ecosystem” event for our delegation to showcase Taiwan’s innovative capabilities and invite experts from Japan and Bahrain to exchange in Taiwan Pavilion.

Highlighting Diverse Competitive Advantages and Fostering Opportunities for International Collaboration

In response to global fintech trends, the Taiwan Pavilion (Booth No. 5K23) will focus on AI technology applications and fraud prevention this year. 11 Taiwanese fintech companies from various sectors will showcase their innovative technologies and solutions in a rotating format, organized into five categories and three major international presentations. This approach aims to create business opportunities and accelerate alignment with the global market. (Registration link:https://tally.so/r/wb8jpL )。The categories include:

RegTech: Authme Co., Ltd., HiTRUST Inc., ThinkCloud Technology Co., Ltd., and TOPPAN IDGATE Co., Ltd.InsurTech: Lydia AI and YunTan TechnologyWealth Management: Alpha Fintech and TradingValleyEnterprise Solutions: LIGHT MOMENTUM TECHNOLOGY CORP. and OneDegree GlobalIntegration Platform: On-us Co., Ltd.

FinTechSpace is committed to advancing Taiwan’s fintech industry and strengthening global connections. So far FinTechSpace has signed Memorandums of Understanding (MOUs) with 16 fintech institutions across 12 countries. At the exhibition this year, FinTechSpace will hold two international exchanges events with Japan and Bahrain, supporting Taiwanese fintech companies in expanding into Southeast Asian and Middle Eastern markets and fostering deeper international collaboration.

Taiwan-Japan International Panel: Current Applications of Fintech and Future Prospects (11/7): Hosted by Takeshi Kito, co-founder and CEO of Elevandi Japan, this panel features representatives from major Taiwanese financial institutions, including Cathay United Bank, Hua Nan Commercial Bank, and KGI Financial Holding. The discussion will cover opportunities and challenges in entering Taiwan market and collaborating with Taiwanese financial institutions.Explore Middle East: New Opportunities & Markets (11/8): Fatima Almubbad, Heading Bahrain Economic Development Board (Singapore and Southeast Asia), will share the latest fintech trends in Bahrain. This session will offer real-time dialogue opportunities to explore potential avenues for Taiwanese companies to enter the Middle Eastern digital finance network.

Taiwan not only possesses mature R&D capabilities and government policy support but also serves as a significant hub for international companies entering the Asia-Pacific market. We look forward to attracting more global companies and innovative solutions to Taiwan, working together to explore future business opportunities and foster innovation in Taiwan’s fintech industry.

About FinTechSpace
Established under the guidance of the Financial Supervisory Commission of Taiwan (FSC) and supported by the Taiwan Financial Services Roundtable, FinTechSpace was funded in 2018. Standing as a fintech hub, FinTechSpace has created a physical space and provided comprehensive support that brings together the entire fintech community, and acts as a vital link between Taiwan’s fintech industry and the global market. For the latest updates and information, please refer to the FTS website link: https://www.fintechspace.com.tw/en

2024 Taiwan Pavilion List

Regtech

Authme: Authme is a leader in digital identity security, offering AI-powered solutions with advanced features like OCR, NFC chip reading, anti-forgery detection, and Face Recognition with Liveness Detection. Our Zero Trust Architecture integrates MFA and SSO for seamless access.HiTRUST: HiTRUST safeguard digital finance by advanced technology and services. It’s Veri-id’s leverages AI and device insight to detect online fraud, while VeriFIDO offers seamless passwordless authentication, making verification faster and more reliable.ThinkCloud Technology: As a leading cloud service provider in Taiwan, ThinkCloud Technology offers legally binding solutions such as SelfieSign, a video-based e-signature solution, and Face OTP, which adds up to three layers of security to one-time passwords, safeguarding transactions.TOPPAN IDGATE: TOPPAN IDGATE is a software company specializing in bank-grade security and robust authentication solutions. With extensive experience in the financial industry, we offer compliant digital identity verification solutions, including iDenFace, SoftToken, and MFA authentication.

Insurtech

Lydia AI: Lydia AI provides embedded financial solutions and digital health experiences through its risk scoring engine, optimizing insurance sales and underwriting processes. By integrating customer service and digital payments, it builds a health ecosystem. Utilizing external data for dynamic risk predictions, the company drives customer segmentation, product recommendations, and financial product innovation.YunTan Technology: YunTan Tech is a leading Fintech and Insurtech company in Taiwan, providing Ads and SaaS technology services to insurance companies. Its platform, e-Insure, is the largest online compliant insurance platform in Taiwan. It connects with over 10 domestic insurance companies and serves more than 240,000 insurance consumers.

Wealth Management

Alpha Fintech: Alpha Fintech is a leading wealth management tech firm, specializing in AI-driven robo-advisory. With patented innovations and cybersecurity certifications, Alpha integrates big data, AI, and machine learning to automate investment decisions, ensuring steady asset growth for clients.TradingValley: TradingValley is the first fintech company in Taiwan to combine AI and quantitative models, focusing on wealth management services. Its offerings include a B2C investment service, Growin, and an AI stock-mining tool.

Enterprise Solutions

Light Momentum Technology: Light Momentum Technology is transforming financial trading with advanced FPGA technology, combining Taiwan’s semiconductor and FinTech expertise. LMTech’s ultra-low latency FPGA chips and AI-driven applications significantly improve trading speed, achieving nanosecond-level execution to reduce slippage and price volatility.OneDegree Global: OneDegree Global has pioneered various innovative solutions in the fields of insurance, cybersecurity, and Web3. These include the modern insurance core system, IXT; the comprehensive cybersecurity assessment service, Cymetrics; and the Web3 risk intelligence and alerts platform, MAMORI.

Integration

On-us: On-us is a global B2B2C personalized e-voucher incentive platform leveraging FinTech and behavioral AI to enhance consumer engagement and unlock maximum value for all in our ecosystem. Through omni-channel APIs and data-driven campaigns, we help businesses to deepen customer relationships while maximizing ROI.

View original content:https://www.prnewswire.com/apac/news-releases/taiwans-fintech-shines-in-singapore-fintechspace-once-again-leads-a-delegation-to-2024-singapore-fintech-festival-302292499.html

SOURCE FinTechSpace

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As 2025 IRS Mileage Rate Hits 70 Cents, Expert Warns: Ditch Risky Apps for Secure Paper Tracking

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Gig economy expert Ed Ryder warns against the risks of mileage tracking apps, and advocates using paper-based tracking methods instead. He introduces The Big Mileage Form, a secure alternative developed over two years to meet the specific needs of food delivery gig workers. Ryder highlights recent tech failures, like the July 2024 global IT outage, to underscore the vulnerabilities of digital solutions. The press release also mentions Ryder’s significant mileage deduction using his form and directs readers to GigCoach.net for additional resources, including a consumer tutorial to drive better food delivery outcomes and a gig coach training program.

PHILADELPHIA, Dec. 22, 2024 /PRNewswire-PRWeb/ — As the IRS announces a standard mileage rate of 70 cents per mile for 2025, gig economy expert Ed Ryder, who has completed over 10,000 deliveries with his own car using major food delivery platforms, urges fellow gig workers to reconsider their mileage tracking methods. While acknowledging the convenience of digital solutions, Ryder advocates for a return to secure, paper-based tracking to protect valuable mileage deductions.

With the mileage rate at 70 cents, accurate tracking is crucial for gig workers and small business owners. Mileage apps seem convenient, but they risk data loss from outages, glitches, and cyber attacks. Many overlook these significant dangers.

“With the mileage rate increasing to 70 cents, accurate tracking is more crucial than ever for gig workers and small business owners,” says Ryder, creator of The Big Mileage Form. “While mileage tracking apps seem convenient, they come with significant risks that many overlook. Network outages, app glitches, and cyber attacks can jeopardize months of data.”

Ryder points to the July 2024 global IT outage as a prime example of technology’s vulnerabilities. “A faulty software update caused mass airline disruptions and impacted other industries, catching major corporations off guard. This incident highlights that even in our digital age, software isn’t infallible. For me, I simply won’t trust mileage tracking apps with my most important tax deduction.”

To address these concerns, Ryder developed a comprehensive, paper-based solution. “I spent two years perfecting The Big Mileage Form, tailoring it to the specific needs of food delivery gig workers,” he explains. “At 11×17 inches, it provides ample space for detailed record-keeping and, crucially, it’s immune to software glitches, data breaches, and ransomware attacks.”

Ryder’s meticulous paper-based record-keeping resulted in a mileage deduction exceeding $19,000 on his 2023 federal taxes. “All my business-related miles are thoroughly documented on paper. I’m fully prepared to defend this deduction in case of an audit. This level of confidence is what I aim to provide other gig workers.”

“In today’s digital age, sometimes the most secure solution is the simplest one,” Ryder concludes. “My form not only ensures data security but also prepares users for potential IRS audits. It’s time to reconsider the old-fashioned, but reliable pen-and-paper method.”

For those interested in learning more about effective mileage tracking and other aspects of gig work, Ryder offers valuable resources on GigCoach.net. These include a tutorial for consumers titled ‘Fair Deal Delivery,’ which provides insights on how to improve food delivery outcomes. Additionally, experienced food delivery couriers can explore Ryder’s gig coach training program. Visit GigCoach.net to access these resources and learn more about The Big Mileage Form.

Media Contact

Ed Ryder, Match Experiment LLC, 1 484-493-8740, hello@ideamaned.com, gigcoach.net

View original content to download multimedia:https://www.prweb.com/releases/as-2025-irs-mileage-rate-hits-70-cents-expert-warns-ditch-risky-apps-for-secure-paper-tracking-302337779.html

SOURCE Gig economy expert Ed Ryder

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DATA BREACH ALERT: Edelson Lechtzin LLP Is Investigating Claims On Behalf Of Ascension Health Customers Whose Data May Have Been Compromised

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NEWTOWN, Pa., Dec. 22, 2024 /PRNewswire/ — The law firm of Edelson Lechtzin LLP is investigating claims regarding data privacy violations by Ascension Health (“Ascension”). Ascension learned of suspicious activity on or about May 8, 2024. To join this case, go HERE.

About Ascension Health

Ascension is a prominent non-profit health system in the nation and operates under Catholic principles.

What happened?

On or about May 8, 2024, Ascension detected unauthorized activity in its computer systems. Ascension initiated an investigation, which included retaining consulting cybersecurity experts and notifying the FBI. The investigation determined that between May 7 and 8, 2024, a cybercriminal accessed files containing personal information about Ascension’s patients and employees. This information included names, medical records, payment details, insurance information, government identification numbers, and other personal data such as dates of birth and addresses. Approximately 6 million individuals have been affected by this data breach.

How can I protect my personal data?

If you receive a data breach notification, you must guard against possible misuse of your personal information, including identity theft and fraud, by regularly reviewing your account statements and monitoring your credit reports for suspicious or unauthorized activity. Additionally, you should consider legal options for mitigating such risks.

Edelson Lechtzin LLP is investigating a class action lawsuit to seek legal remedies for customers whose sensitive personal and patient data may have been compromised by the Ascension data breach.

For more information, please contact:

Marc H. Edelson, Esq.
EDELSON LECHTZIN LLP
411 S. State Street, Suite N-300
Newtown, PA 18940
Phone: 844-696-7492
Email: medelson@edelson-law.com
Web:  www.edelson-law.com 

About Edelson Lechtzin LLP
Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving data breaches, our lawyers focus on class and collective litigation in cases alleging securities and investment fraud, violations of the federal antitrust laws, employee benefit plans under ERISA, wage theft and unpaid overtime, consumer fraud, and catastrophic injuries.

This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so counsel does not represent you unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing now. Your ability to share in any potential future recovery does not depend on serving as lead plaintiff.

View original content to download multimedia:https://www.prnewswire.com/news-releases/data-breach-alert-edelson-lechtzin-llp-is-investigating-claims-on-behalf-of-ascension-health-customers-whose-data-may-have-been-compromised-302337976.html

SOURCE Edelson Lechtzin LLP

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Earth’s pulse monitored: a review highlights remote sensing time series progress

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As urbanization accelerates and environmental dynamics shift, the need for accurate and timely terrestrial monitoring has never been more urgent. A review has introduced a novel approach to remote sensing time series analysis, integrating multi-source data to enable near real-time monitoring. This innovative methodology promises to transform environmental conservation and urban planning by providing unprecedented insights into terrestrial changes and offering a more precise understanding of environmental dynamics.

GUANGZHOU, China, Dec. 22, 2024 /PRNewswire-PRWeb/ — An international team of researchers from South China Normal University, the University of Connecticut, and the Chinese Academy of Sciences has made a significant breakthrough in remote sensing. Their review, published (DOI: 10.34133/remotesensing.0285) in the Journal of Remote Sensing on December 11, 2024, addresses key challenges in remote sensing, such as incomplete data and noise interference. The team’s new time series analysis technique leverages advanced data reconstruction and fusion methods, significantly enhancing the precision and efficiency of remote sensing for monitoring environmental changes.

The research team has developed an advanced time series analysis technique that combines deep learning algorithms with traditional remote sensing methods to integrate data from various remote sensing sources. This innovative approach allows for the extraction of subtle patterns from large, complex datasets, which is crucial for monitoring critical environmental parameters such as land use and vegetation health. Unlike conventional techniques that struggle with incomplete or noisy data, this new methodology offers enhanced accuracy and more reliable insights into terrestrial dynamics, paving the way for more effective environmental monitoring.

Central to the study’s success is the integration of Long Short-Term Memory (LSTM) networks and Generative Adversarial Networks (GANs) to address the challenges posed by missing or noisy data. The LSTM networks capture temporal trends over time, while the GANs generate synthetic data that mimics real-world observations to fill gaps and correct for atmospheric distortions. This dual approach has resulted in a cleaner, more accurate time series dataset, which was validated against independent ground truth measurements. The researchers demonstrated significant improvements in key vegetation indices, such as the Normalized Difference Vegetation Index (NDVI), setting a new benchmark in the field of remote sensing.

Experts in the field have lauded the study’s potential to revolutionize remote sensing applications. They see the method as a transformative tool for enhancing high-resolution monitoring and extending its coverage, particularly in agricultural surveillance, urban planning, and environmental management. “This method represents a crucial advancement in our ability to monitor environmental changes,” says Professor Fu. “As it evolves, it could play a key role in addressing climate change and other global challenges.”

The methodology’s future applications are vast, especially in global environmental monitoring and supporting sustainable development goals. By integrating multi-temporal data from Landsat and Sentinel-2 satellites, the team has created a framework for accurate and continuous terrestrial analysis. As computational power advances and algorithms improve, this technology is expected to become a vital tool for natural resource management, disaster response, and climate change mitigation. In the years to come, it could provide critical data to help policymakers address pressing environmental issues on a global scale.

References

DOI

10.34133/remotesensing.0285

Oiginal Source URL

https://doi.org/10.34133/remotesensing.0285

Funding information

This work was supported by the National Nature Science Foundation of China (grant numbers 42425001 and 42071399).

About Journal of Remote Sensing

The Journal of Remote Sensing, an online-only Open Access journal published in association with AIR-CAS, promotes the theory, science, and technology of remote sensing, as well as interdisciplinary research within earth and information science.

Media Contact

George Hua, Chuanlink Innovations, 1 8656606278, TranSpread1@gmail.com, http://chuanlink-innovations.com/

View original content to download multimedia:https://www.prweb.com/releases/earths-pulse-monitored-a-review-highlights-remote-sensing-time-series-progress-302337250.html

SOURCE Journal of Remote Sensing

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