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IDnow Trust Services AB certified as a Qualified Trust Service Provider in the European Union

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IDnow partners with IDnow Trust Services AB to provide qualified electronic signatures, time stamps and seals to its customers and beyond

MUNICH, Nov. 5, 2024 /PRNewswire/ — IDnow, a leading identity verification platform provider in Europe, announces its partnership with newly founded IDnow Trust Services AB, a certified Qualified Trust Service Provider (QTSP) under EU Regulation 910/2014 (eIDAS).1 Founded as a joint venture in Stockholm in early 2024 between IDnow and ESYSCO, a system integrator and technology provider, the company offers qualified trust services, such as electronic signatures, time stamps, and seals, that combine security, compliance, and user convenience.

Innovation and leadership in the digital signature market

As a recognized QTSP in the EU by the Swedish supervisory body Post-och telestyrelsen (PTS), IDnow Trust Services AB will issue, validate, and manage electronic certificates and time stamps; capture additional information, such as qualified time; hold identification evidence data, and perform certificate revocation, while complying as a Certificate Authority (CA). The QTSP provides assurance of the existence of specific electronic data at a specific time, such as proof that documents have been submitted for processing.

One of the features that IDnow Trust Services AB will immediately enable for IDnow’s customers is SMS-free signing. This certified capability simplifies the signing process, eliminating the requirement of One-Time Password (OTP) codes and driving higher conversion rates. IDnow Trust Services AB is the first QTSP that will allow this new user authentication process, which is already acknowledged by different CEN and ETSI standards and which will revolutionize the user experience in the digital signature market.  

New joint venture secures trust and simplifies compliance

“We are incredibly pleased that our joint venture, IDnow Trust Services AB, is already bearing the fruits of our labor. At IDnow, we have long made it our mission to actively shape and lead the Know Your Customer and digital identity industry; we are now once again showing this leadership role by doubling down on trust services, as they are an essential part of the transformation of the digital identity market heralded by eIDAS 2.0,” says Andreas Bodczek, CEO of IDnow.

He continues: “In the coming years, our customers will benefit from the synergy of identity verification and qualified trust services, ensuring a compliant and efficient experience for all business-critical operations across the EU. This collaboration sets a new standard for trust and operational efficiency, positioning businesses for long-term success in the fast-evolving digital landscape.”

Johannes Leser, CEO of IDnow Trust Services AB, adds: “Trust and liability is the backbone of all business, and it will be the driving force behind the global digital economy. IDnow Trust Services AB is committed to delivering innovative and highly dependable solutions to IDnow, its customers, and partners. With trust as our mutual foundation, we’re poised to revolutionize the European digital signature market, which is expected to be seven times larger by 2030 than it is today.” 

About IDnow

IDnow is a leading identity verification platform provider in Europe with a vision to make the connected world a safer place. The IDnow platform provides a broad portfolio of identity verification solutions, ranging from automated to human-assisted from purely online to point-of-sale, each of them optimized for user conversion rates and security.

In 2021, IDnow acquired the French market leader for identity technology, ARIADNEXT, and the German identity Trust Management AG, enabling IDnow to offer its customers one of the broadest identification solutions through a single, integrated platform.

The company has offices in Germany, United Kingdom, and France and is backed by renowned institutional investors, including Corsair Capital and Seventure Partners. Its portfolio of over 900 international clients spans a wide range of industries, and includes leading international players, such as UniCredit, Telefonica, Sixt, Crédit Agricole Personal Finance and Mobility, BNP Paribas Personal Finance, and Munich Re, as well as digital champions like N26, Solarisbank, Younited, BoursoBank, and Klarna.

Press contact IDnow

Katherina Riesner
press@idnow.io
+49 89 41324 6030

About IDnow Trust Services AB

IDnow Trust Services AB is a joint venture between IDnow GmbH and ESYSCO Sp. z o.o. The company is a certified Qualified Trust Service Provider (QTSP) under EU Regulation 910/2014 (eIDAS), compliant with the creation and validation of electronic signatures, electronic time stamps, electronic seals, and certificates related to these services.

As an eIDAS-certified QTSP, IDnow Trust Services AB leads the way in compliance. It provides omnichannel trust services, including Qualified Electronic Signatures (QES), helps customers conduct cross-border business within the EU, and assists companies in the transition to fully digital processes.

1 The electronic Identification and Signature (eIDAS) regulation defines a QTSP as a natural or a legal person who provides one or more qualified trust services.

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SOURCE IDnow

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Health Commons Project Completes Acquisition of OneHealthPort to Advance Healthcare Innovation and Access across Washington State

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SAMMAMISH, Wash., Nov. 5, 2024 /PRNewswire/ — Health Commons Project, a leading nonprofit dedicated to improving healthcare access and quality through technology and innovation, today announced it has completed the acquisition of OneHealthPort, Washington State’s Health Information Exchange (HIE) and prominent provider of health data solutions. This strategic acquisition underscores Health Commons Project’s commitment to expanding its impact by improving data interoperability, enhancing care coordination, and promoting public health across Washington.

The acquisition of OneHealthPort strengthens Health Commons Project’s position as a leader in health information technology, giving it the tools to support providers, health systems, and public health agencies with real-time, secure access to patient data. With the transition, the nonprofit organization will build on OneHealthPort’s mission to enhance the safety, efficiency, and effectiveness of healthcare delivery while ensuring the seamless exchange of health information for millions of residents in Washington.

Key Benefits of the Acquisition:

Enhanced Data Interoperability: By integrating OneHealthPort into its portfolio, Health Commons Project will further its ability to connect health and social care providers such as fire departments, schools, rural pharmacies and community-based organizations across the state, ensuring critical patient data is available when and where it’s needed.

Improved Care Coordination: The combined resources will help streamline patient transitions between different care settings, ensuring better outcomes and reducing unnecessary costs.

Support for Public Health Initiatives: With the expanded health data network, Health Commons Project will provide real-time, de-identified data insights to public health agencies, empowering them to respond to crises and monitor population health trends more effectively.

Increased Accessibility for Health and Social Care Providers: Health Commons Project will offer new, affordable and equitable ways for providers with limited or no IT staff to access critical health data and reports.

“This acquisition represents a significant milestone in our mission to transform health and social care for the better,” said Rob Arnold, Executive Director of Health Commons Project. “By bringing Washington’s HIE into our nonprofit network, we can empower more health and social care providers, public health agencies, and communities with the tools they need to deliver better, more connected care. We are excited to expand our capabilities to improve healthcare outcomes for all.”

OneHealthPort has served the state of Washington since 2002, providing a robust platform for healthcare organizations to share critical patient data securely and efficiently. Over 35,000 healthcare entities and 150,000 individuals currently use OneHealthPort, including hospitals, primary care providers, specialists, and public health agencies. This acquisition will allow these stakeholders to continue benefiting from the services they rely on while gaining access to Health Commons Project’s expanded suite of health and social care solutions.

“As part of Health Commons Project, we will be able to build on our strong foundation and offer even greater value to our partners and the healthcare community,” said Kerry Tye, Executive Vice President of Operations of OneHealthPort. “Our shared mission of using health data to improve patient outcomes will be more achievable than ever.”

Next Steps

Health Commons Project and OneHealthPort do not anticipate users will experience any material changes or disruptions to services when OneHealthPort officially becomes HCP OneHealthPort, LLC, on 1/1/2025. In addition, the organization plans to roll out new features and tools aimed at enhancing the HIE platform’s functionality and accessibility.

About Health Commons Project

Health Commons Project is a 501(c)(3) nonprofit, committed to leveraging technology and data to advance healthcare innovation, access, and equity. By providing cutting-edge solutions to healthcare providers, public health agencies, and other stakeholders, Health Commons Project aims to improve health outcomes for underserved communities and drive systemic change.

About OneHealthPort

OneHealthPort is a state-leading health information exchange dedicated to improving the quality and coordination of healthcare across Washington state. By facilitating the secure and efficient exchange of health data between healthcare providers, OneHealthPort helps ensure that patients receive better, more informed care.

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SOURCE Health Commons Project

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Introducing the Next Generation of 10-inch T1 Slim Subwoofers by Rockford Fosgate®

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TEMPE, Ariz., Nov. 5, 2024 /PRNewswire/ — Rockford Fosgate, a leader in high-performance audio systems, is thrilled to unveil the next generation of T1 Slim Subwoofers. The new T1 series of slim subwoofers deliver next-level reliability and tactile bass performance, offering improved responsiveness and exceptional thermal management. Available in both sealed and ported options, the line of subwoofers is designed for the tightest installations, while still providing class-leading bass output.

The 500-watt subwoofers have been re-engineered with more mass to fit in smaller enclosures and includes upgrades like a new surround and better heat management.  The “P” (ported) version is designed for ported enclosures and work best in open-air environments (topless/convertible).  The “S” sealed version is designed for smaller sealed enclosures and work best in closed environments (truck cab).

The voice coil now uses pure copper wire for better conductivity, paired with a new composite former to dissipate heat and reduce distortion. Additionally, an aluminum spider spacer improves cooling.  The suspension utilizes a new polymer surround, made using an advanced NCDI (Nano Cell Direct Injection) process to enhance efficiency and durability without risking dry rot.

“With the ever-increasing popularity of compact SUV’s, pickups, crossovers, and EV’s, less volume is available for a consumer to dedicate towards a subwoofer. Yet the new T1Se subwoofers are the culmination of the latest advancements in simulation software, materials, textiles, allowing customers to have the best of both worlds,” said Wayne Connolly, Vice President of OE Business Development.  

The four models: T1S1-10P / T1S2-10P / T1S1-10S / T1S2-10S will be available in January through Rockford Fosgate dealers and at rockfordfosgate.com

For further details, visit rockfordfosgate.com.

About Rockford Fosgate

Setting the standard for excellence in the audio industry, Rockford Corporation markets high-performance audio systems under the brand Rockford Fosgate® for the mobile, motorsport, and marine audio aftermarket and OEM market.  Headquartered in Tempe, Ariz., Rockford Corporation is a wholly owned subsidiary of Patrick Industries, Inc. (NASDAQ: PATK).

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SOURCE Rockford Fosgate

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Sinochem Holdings secures over $13 billion in procurement at 7th CIIE, enhancing global industrial collaboration

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SHANGHAI, Nov. 5, 2024 /PRNewswire/ — The 7th China International Import Expo (CIIE) opened at the National Exhibition and Convention Center in Shanghai, China on November 5, 2024. Sinochem Holdings, one of the world’s leading chemical conglomerates, participated in the event for the seventh consecutive year. Leveraging its international operations, the company organized five overseas subsidiaries for the event to deepen global industrial cooperation and share opportunities in the Chinese market.

During a dedicated signing ceremony, Sinochem Holdings secured procurement agreements with over 20 companies from more than 10 countries and regions, including Saudi Arabia, Kuwait, Iraq, Japan, France, Malaysia, the US, Germany, India, Thailand, and China’s Taiwan region. These agreements spanned various sectors, such as crude oil, petroleum products, high-quality chemicals, food, agricultural products, high-end intelligent equipment, technology research, and digital production services, totaling over $13.6 billion.

Sinochem Holdings emphasized its strategy of expanding diverse import channels to ensure supply chain stability. Partnerships with renowned companies such as Saudi Aramco, Kuwait Petroleum, Mitsui & Co., Ltd., Vitol Group, TotalEnergies, CHIMEI, Kao Corporation, and Sri Trang Group enabled the import of high-quality crude oil, petroleum products, methanol, engineering plastics, emulsifiers, industrial salt, and natural rubber. By collaborating with upstream energy and chemical companies, Sinochem Holdings is enhancing quality import channels to stabilize domestic supply chains.

Furthermore, Sinochem Holdings focuses on new productive forces and is committed to promoting high-quality development in domestic industries. The company has been dedicating to enhancing the business presence of its overseas subsidiaries in China, empowering domestic industries with advanced global technologies. Five participating subsidiaries—Syngenta Group (Switzerland), Adisseo (France), Elkem (Norway), KraussMaffei (Germany), and Prometeon Tyre Group (Italy)—showcased innovative technologies and solutions in areas like biotech breeding, digital agriculture, animal nutrition, new chemical materials, low-altitude economy, additive manufacturing, high-end tires, and green low-carbon technologies. These companies signed multiple supply agreements with Chinese clients at the CIIE, generating sales exceeding $1.5 billion

SOURCE Sinochem Holdings

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