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Moomoo Launches All-in-One Investment Super App in Malaysia; Empowering Local Financial Digitalisation

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Among the first global digital brokerage firms to be granted the Capital Market Services License; committed to promoting financial inclusion and catalyse growth within the local capital marketCutting-edge technology, seamless trading and free access to comprehensive Pro-level resources set to transform investing experience for Malaysians

KUALA LUMPUR, Malaysia, Feb. 27, 2024 /PRNewswire/ — Moomoo, the cutting-edge all-in-one investment super app officially launched in Malaysia today. With the mission of promoting local financial innovation and empowering users, the company will provide Malaysian investors with a professional, reliable and innovative digitalised investment experience.

Committed to Technological Innovation and Financial Inclusion: Driving Malaysia’s Financial Digitization

Futu Malaysia Sdn. Bhd. (“Moomoo MY”) is among the first global digital brokerage firms granted the Capital Market Services License by the Securities Commission Malaysia (“SC”). This license allows Moomoo MY to offer securities and derivatives trading and clearing services for both. The company held a grand opening ceremony in Kuala Lumpur today. The event was attended by Datuk Muhamad Umar Swift, CEO of Bursa Malaysia; Robin Xu, Senior Partner, Senior Vice President and Head of Southeast Asia and Oceania of Futu Holdings Limited; Ivan Mok, CEO of Moomoo Malaysia; and Dennis Jee, COO of Moomoo Malaysia, among other senior executives.

“Moomoo’s entry into Malaysia underscores our dedication to empowering various financial markets through technology. Guided by our mission of ‘Making investing easier, not alone,’ we strive to promote information equality, accessibility, and value creation within Malaysia’s dynamic economy. Through technology, we aim to promote information equality, making investment and wealth management more accessible, and creating value for local investors and capital markets. Malaysia’s dynamic economy, coupled with recent policy support, has seen rapid development in its capital markets. With Moomoo’s participation, we hope to inject even more dynamism into the market. As an investment platform connecting 21 million retail investors globally, we envision collaborating with exchanges, regulatory bodies, and partners in the visible future to become the gateway, connecting Malaysia’s investment products to global capital and investors.” said Robin Xu, Senior Partner and Senior Vice President of Southeast Asia and Oceania at Futu Holdings Limited.

“Malaysia with a relatively young population has seen a growing interest in self-directed investing. The country’s commitment to technological development and innovation led us to choose it as the second destination for expanding our presence in the Southeast Asia after Singapore. With Malaysia’s flourishing fintech landscape and supportive regulatory framework, there exists a clear demand for innovative investment solutions. We are confident that we can replicate the success we have seen in Singapore here and work hand in hand with investors and market participants to further enhance Malaysia’s capital markets and financial infrastructure competitiveness on both the regional and international stage.” Xu added.

Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia Berhad, welcomed Moomoo MY’s entry into Malaysia, and as a Participating Organisation of the Exchange. “In today’s technology-driven market, it is important that the industry leverages data and digital tools to make investing more accessible and efficient. Investors want choice, and we encourage all Participating Organisations to harness the power of new technologies to enhance investing experiences for investors, and to promote greater financial inclusivity in Malaysia. We commend Moomoo MY for the launch of its innovative investment app in conjunction with its entry into Malaysia.”

Breaking Down Barriers: Democratising Investment Opportunities

In addition to empowering local financial infrastructure, Moomoo Malaysia is also committed to making it easy for every investor to start their investment journey and secure their financial future. Through a suite of cutting-edge, pro-level analytical tools including Heatmap, Stock Screener, Institutional Tracking, and Market Monitor, Moomoo transforms the investment landscape through technological innovation.

Malaysian investors now have access to moomoo, which offers an extensive range of features including access to over 1,000 Malaysian and 9,000 US stocks, ETFs, AI-powered analytical tools, research resources, advanced charting capabilities, real-time data, and breaking news sourced from over 150 top media agencies – all directly within the moomoo platform. Moomoo MY universal account holders will have complimentary access to Level 1 MY stock 3 market depth and Level 2 US stock 60 market depth quotes. The platform will also offer zero-commission trading[i] on stocks and ETFs for both Malaysia and US markets for a limited time period.

Ivan Mok, CEO of Moomoo Malaysia emphasized, “Our users benefit from unrestricted access to pro-grade tools and resources, typically associated with premium services. This reinforces our commitment to levelling the playing field, making self-directed investing simple, easy, and accessible to everyone, regardless of their experience level.”

Empowering Financial Inclusion and Literacy

Beyond delivering a better and seamless trading experience for its users, Moomoo MY is dedicated to advancing financial literacy by offering an extensive array of over 600 complimentary investment courses through Moo Learn. This commitment ensures that both novice and experienced investors have access to valuable educational materials to enhance their expertise and remain ahead of industry trends.

Another distinctive feature is moomoo’s vibrant online community, which connects over 1000 experts and key opinion leaders within a global investing community of over 21 million members. The Moo Community acts as a hub for collaborative learning, enabling participants to exchange investment ideas, insights, and experiences, fostering mutual support for growth and development.

“Moomoo seamlessly combines accessibility and a comprehensive suite of tools and educational resources, to provide an investment experience that breaks through traditional boundaries. Our platform is tailored to transform the way people invest, and empower Malaysian investors with the tools and resources they need to not only participate, but succeed in the financial markets.” Said Dennis Jee, COO of Moomoo Malaysia.

Exclusive Promotions for Malaysian Investors

To mark its official launch, Moomoo MY is rolling out exclusive promotions and perks for Malaysian investors. Between now and March 31, 2024, new users[ii] who successfully open a Moomoo MY universal account and deposits a total of RM8000 will be eligible for a free Apple share[iii]. Those who successfully open a Moomoo MY universal account with a cumulative deposit of RM500 will receive RM100 cash rewards[iv].

On top of that, traders who execute at least one transaction using their Moomoo MY universal account during the promotion period, will receive one month of free access to Level 2 MY market data. Users can accumulate up to 6 months of complimentary Level 2 MY market data during this time[v].

Malaysian investors can download the app from the Apple App Store or Google Play Store to start their investment journey with Moomoo. For more information on Moomoo Malaysia and its services, please visit www.moomoo.com/my.

About Moomoo

Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, Moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

Founded in Palo Alto (part of the Silicon Valley), California, Moomoo operates globally, serving investors in countries such as The US, Singapore, Australia, Japan, Canada and Malaysia. As a subsidiary of a Nasdaq-listed company, we take pride in our role as a global strategic partner of the New York Stock Exchange (NYSE), earning numerous international accolades from renowned industry leaders such as Best Trading Technology 2021, Best Investment Research Tech 2022, and Best Active Trading App 2021 awards from Benzinga and the Best Trading Platform 2022 award from Fintech Breakthrough. Moomoo has also received multiple awards in the US, Singapore, and Australia for its cutting edge, inclusive approach to investing.

Moomoo’s official launch in Malaysia follows its global expansion, beginning with its entry into the Singaporean market. Today, it is the Best “Retail Broker” by the Securities Investors Association (Singapore)(“SIAS”)[1] and #1 downloaded trading app[2], with 1 in every 4 adults in Singapore[3] choosing Moomoo as their preferred investment platform. Moomoo has since launched in Australia, Canada, and Japan before officially launching in Malaysia. With a proven track record of success in existing markets, Moomoo aims to replicate this growth and become the premier investing platform in Malaysia.

To download the Moomoo App, scan here: https://j.my.moomoo.com/00JEBb               

Terms & Conditions – Moomoo MY New User Promotion: 

[1] https://sias.org.sg/corporate-governance-week/awards

[2] Data is determined based on cumulative downloads from launch date of brokerage apps in Singapore for comparison until 11 October 2023 on data.ai.

[3] As of 31/12/22, 1 in 4 adults between aged 20-70 in SG is a moomoo user.

[i] Users who open a moomoo MY brokerage account between now till 31 March 2024 will enjoy zero commission trading for 180 days only from the date of successful account opening. Full T&C and other fees apply.

[ii] Campaign Eligibility: New users who have successfully opened a Moomoo MY universal account and haven’t made any deposit into the account before 2024.02.27. The customer shall not participate in any other new user promotion, including the ‘Team up with A Friend to Get 1×Apple Stock’ activity.

[iii] To be eligible for the free Apple share, you must successfully open a Moomoo MY universal account and deposit a cumulative amount of at least RM8,000 into the account before 11:59PM MYT on 31/03/2024. Once the deposit of RM8,000 has been completed, you must also successfully claim the free Apple share from the activity landing page. The Apple share will be issued upon successful deposit, and will be activated if you maintain the assets (cash, stocks and other assets included) of RM8,000 (or equivalent currencies) for 30 days. Due to stock price fluctuations, the total asset value is allowed to drop by 10% from the stated amount. This campaign has nothing to do with any company and its affiliates that are rewarded with shares. Apple stock will be credited to your Moomoo MY universal account within 3 calendar days. The free apple share is valid within 90 days from the date of issuance, if not claimed, the free apple share will expire. 

[iv] Those who successfully open a Moomoo MY Universal account and deposit a cumulative of at least RM500 by 11.59pm on 31/03/24 will receive RM100 cash rewards of RM50*1 cash coupon and RM10*5 stock cash coupons. The RM10*5 stock cash coupons will be issued and activated upon successful deposit. The RM50*1 cash coupon will be issued upon successful deposit, and will be activated if you maintain the assets (cash, stocks and other assets included) of RM500 (or equivalent currencies) for 30 days. The stock coupons and cash coupon are valid within 90 days from the date of issuance.

[v] Trade any US and/or MY stocks with Moomoo MY universal account at least once before 11:59PM MYT on 31/3/2024. You will receive 1 coupon for every trade, with the maximum of 6 coupon. 6 coupons unlock 6 months free Level 2 MY market data.

 

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SOURCE moomoo

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PolyAI partners with OpenTable to offer enterprise restaurants and diners reservation support using voice AI

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52 mins ago

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September 23, 2024

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LONDON and NEW YORK, Sept. 23, 2024 /PRNewswire/ — PolyAI, a pioneer in voice AI solutions for customer experience and service, today announced a partnership with OpenTable, a global leader in restaurant technology, expanding PolyAI’s guest-led voice assistants to enterprise restaurants. Locations that opt in will be able to take reservations over the phone, answer questions, gain visibility in customer trends, and deliver on-brand experiences – all while alleviating staff time and resources.

This alliance delivers PolyAI’s lifelike voice AI to help restaurants tackle challenges around staffing and provide consistent hospitality, even off premise. In a survey conducted by the National Restaurant Association, 62% of operators said their restaurants did not have enough employees to support existing demand. With onsite staff focused on in-house patrons, restaurant groups routinely miss between 30-60% of phone calls to their front of house (per PolyAI customer data) – meaning missed revenue opportunities and equally valuable customer touch points.

Never miss another call, thanks to PolyAI and OpenTable

With this strategic partnership, OpenTable’s global network of restaurants will be able to integrate PolyAI voice assistants, built using generative AI and spoken language technologies, to assist their diners in seamlessly booking and managing reservations over the phone, during and outside of operating hours.

“We know how tightly restaurants manage their guest experience and this can be even more complex for our partners doing business at scale,” said Susan Lee, Chief Strategy Officer at OpenTable. “We have, and continue to invest in, technology that pushes boundaries and enhances hospitality and our integration with PolyAI is a new way we can drive efficiencies for our restaurants, and diners.”

For larger operators, this partnership enables numerous iterations of voice assistants to cater to the unique needs of multi-location and multi-brand portfolios, while providing PolyAI’s proven enterprise-grade assurances around availability, security and data protection.

“We have extensive experience deploying voice assistants to hundreds of locations for some of the largest restaurant groups in the world, helping operators resolve up to 70% of calls over the phone without the need for additional staff,” said Michael Chen, VP of Strategic Alliances at PolyAI. “This strong connection with the restaurant industry started right from the earliest days of PolyAI. We’re thrilled to deepen that further and work with OpenTable to help even more restaurant operators attract more diners, streamline operations and maximise revenue.”

The journey starts at the Integration Marketplace

OpenTable restaurants will be able to request an integration with PolyAI via its Integration Marketplace, which powers 150+ integrations among the most widely used restaurant software. Beyond managing reservations over the phone, PolyAI’s guest-led voice assistants also offer operators a powerful new channel for implementing consistent brand experiences that can deliver greater personalisation, more proactive revenue and upsell as well as offer new ways of collecting diner feedback and tracking customer satisfaction.

About PolyAI

PolyAI is a leading provider of AI-powered voice assistants. Their customer-led voice assistants are used across industries within global companies where B2C conversations are crucial, like Whitbread, Greene King, Caesars Entertainment and FedEx. PolyAI’s award-winning voice assistants have earned renown for their ability to understand natural language and provide quick, accurate and helpful responses. Hear more about what they’re bringing to the market by visiting poly.ai

About OpenTable

OpenTable, a global leader in restaurant tech and part of Booking Holdings, Inc. (NASDAQ:BKNG), helps more than 60,000 restaurants worldwide fill 1.7 billion seats a year.  OpenTable’s world-class technology empowers restaurants to focus on what matters most – their team, their guests, and their bottom line – while enabling diners to discover and book the perfect restaurant for every occasion.

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VeriPark Receives Microsoft Business Applications 2024/2025 Inner Circle Award and Joins Partner Advisory Council

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September 23, 2024

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LONDON, Sept. 23, 2024 /PRNewswire/ — VeriPark, a Microsoft Solutions Partner in the Financial Services Industry, has been selected for the Business Applications 2024-2025 Microsoft Inner Circle and the Microsoft Financial Services Partner Advisory Council.

Participation within Inner Circle is based on sales achievements that rank VeriPark in the top echelon of Microsoft’s Business Applications global network of partners. Inner Circle members are known for performing at a high-level by delivering innovative solutions that help organizations excel.

Ozkan Erener, CEO VeriPark: “We are honored to once again be recognized by Microsoft for our commitment to driving digital transformation for our clients. Partnering closely with Microsoft allows us to harness the latest technologies to revolutionize the Financial Services Industry. This recognition highlights the success of our collaborative strategy and execution.”

VeriPark first joined Microsoft’s Inner Circle in 2011 and has since provided innovative solutions that help financial institutions achieve a competitive advantage. By leveraging Microsoft’s platform, VeriPark continues to offer unparalleled services and solutions to its clients.

“Partners achieving the Inner Circle demonstrate an exceptional impact helping customers accelerate their AI and digital transformation with Dynamics 365 and Power Platform,” said Peter Jensen, Microsoft Business Application Partner Strategy Lead. “Microsoft AI Cloud Partner Program partners who achieve the Business Application Inner Circle distinction stand out for their deep AI, Cloud and Industry knowledge.”

Additionally, VeriPark’s selection for the Financial Services Partner Advisory Council highlights its role in shaping Microsoft’s financial services strategies and product roadmaps. As a PAC member, VeriPark will provide feedback on Microsoft’s financial services solutions and gain early insights into future roadmaps.

About VeriPark 

VeriPark is a global solutions provider enabling financial institutions to become digital leaders by placing Customer Experience at the core of digital transformation. VeriPark’s Intelligent Customer Experience suite delivers world class customer journeys on digital and assisted channels.

With its main offices located in the United Kingdom, Europe, North America, Asia, Africa and the Middle East, VeriPark helps financial institutions to enhance customer acquisition, retention and cross-sell capabilities. Their proven, secure, and scalable solutions cover Customer Engagement, Omni-Channel Delivery, Branch Automation, and Loan Origination. VeriPark collaborates with clients, crafting innovative technology strategies and solutions, that impact millions of people daily, bringing the promise of digital transformation to life.

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Huawei Updates FTTO 2.0 and Releases New Scenario-based Products, Driving Campus Networks to Wi-Fi 7 Era

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52 mins ago

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September 23, 2024

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SHANGHAI, Sept. 23, 2024 /PRNewswire/ — During HUAWEI CONNECT 2024, Huawei updated fiber to the office (FTTO) 2.0 and launched a series of new scenario-based products for industries such as education, healthcare, and hospitality. The next-generation green 10G all-optical network oriented to Wi-Fi 7 accelerates fiber-in copper-out and contributes to campus intelligence.

“In the Wi-Fi 7 era, Fiber-in Copper-out is a must for campus networks, and FTTO 2.0 commercial use is accelerating. Huawei is willing to work with customers and partners to seize opportunities in optical business, achieving a win-win future for campus intelligence.” noted Gavin Gu, President of Enterprise Optical Business Domain, Huawei.

Huawei’s FTTO 2.0 solution achieves a simplified architecture with the number of network layers cut from three to two, active to passive transition, 30% lower energy consumption, and 80% less cabling. Based on XGS-PON Pro and Wi-Fi 7 technologies, this solution supports 12.5G/25Gbps to rooms, 10Gbps to APs, and 2.5Gbps to desktops. The hard slicing technology enables multiple services to be carried over one network, reducing the TCO by 30%. This helps enterprises build green, ultra-broadband, and simplified campus networks.

At the session, Huawei released a selection of FTTO 2.0 products for various scenarios and industries.

In the education industry, Huawei launched the industry’s first high-density ultra-10G optical terminal Huawei OptiXstar P884E for smart classrooms. Meeting the requirements of high-density and high-bandwidth access scenarios, this product implements 12.5G/25Gbps to classrooms and 2.5Gbps to desktops. For dormitories, Huawei launched the industry’s first 8-port Wi-Fi 7 optical AP OptiXstar W617E, which supports unified wired and wireless access for a room with 8 students. For education metro networks, Huawei launched the edge optical gateway Huawei OptiXstar E853E. Supporting remote PON port deployment, closed-loop local service forwarding, and flexible configuration, the Huawei OptiXstar E853E meets the access requirements of all services in campuses such as primary schools and kindergartens.

For hospital wards, Huawei launched the industry’s first 10G ceiling-mounted Wi-Fi 7 optical AP Huawei OptiXstar W817C, whose seamless roaming technology enables mobile ward rounds.

For hotels, Huawei launched the next-generation three-in-one Wi-Fi 7 optical AP Huawei OptiXstar W827E-3, which supports unified access of wired, wireless, and telephone services so that one ONT can carry all services in each guest room over one fiber. In this way, it provides ultimate Wi-Fi 7 network experience at a lower cost and improves the positive feedback rate of guests.

For factory workshops, Huawei launched the small-sized industrial optical terminal Huawei OptiXstar T602E, which supports guide rail installation and fiber to the machine without extra cabinets, allowing for flexible capacity expansion. By helping to build a reliable and flexible advanced industrial network for smart factories, the product improves the quality and efficiency of factory production.

Huawei’s FTTO solution has been put into commercial use in more than 9000 campuses around the world. In addition, Huawei’s 50G POL solution that supports hard slicing has also been put into commercial use.

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SOURCE Huawei

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