Connect with us

Technology

MoneyGram Provides Update on Cybersecurity Issue

Published

on

DALLAS, Oct. 7, 2024 /PRNewswire/ — MoneyGram Payment Systems, Inc., (“MoneyGram” or the “Company”) today provided an update on its recent cybersecurity issue that affected certain of the Company’s systems. While the Company continues to investigate the issue with the assistance of leading external cybersecurity experts and has been coordinating with law enforcement, MoneyGram’s systems are back online and the Company has resumed normal business operations.

On September 27, 2024, MoneyGram determined that, in connection with this issue, an unauthorized third party accessed and acquired personal information of certain consumers between September 20 and 22, 2024. MoneyGram’s investigation is in its early stages and the Company is working diligently to determine which consumers were affected by this issue.

The types of impacted information varied by affected consumer and included names, contact information (such as phone numbers, email and postal addresses), dates of birth, national identification numbers, a limited number of Social Security numbers, copies of government-issued identification documents (such as driver’s licenses), other identification documents (such as utility bills), bank account numbers, MoneyGram Plus Rewards numbers, transaction information (such as dates and amounts of transactions) and, for a limited number of consumers, criminal investigation information (such as fraud).

The Company’s website notice and FAQs for affected consumers provide recommendations regarding steps those consumers can take to help protect their data. These can be found at www.moneygram.com. The Company has also set up a dedicated call center, which is open Monday through Friday between 8 am and 8 pm CT and is available in English and Spanish.

MoneyGram regrets any concern this issue may cause its consumers and takes its obligation to safeguard personal information very seriously. The Company will continue to work hard to support consumers and deliver the services they expect from MoneyGram.

About MoneyGram

MoneyGram International, Inc. is a global financial technology company enabling consumers and businesses to move and manage money in nearly every country around the world. Through its innovative cross-border platform, MoneyGram provides millions of consumers globally the ability to send money home for family and friends to pick up in cash or receive directly to a bank account, mobile wallet or card. The Company is a pioneer in the use of blockchain technology at scale and also enables consumers to buy, sell and hold digital currencies on its industry-leading app. With one of the world’s most extensive and dynamic cash distribution networks, MoneyGram has become the single largest on and off-ramp provider for digital currencies in the world. The MoneyGram team spans the globe with over 2,000 employees across 36 countries, representing more than 75 nationalities. Headquartered in Dallas, Texas, and known for its strong corporate culture globally, MoneyGram has been named a recipient of the Top Workplaces USA award for three consecutive years. By the numbers, MoneyGram serves more than 50 million people in over 200 countries and territories each year, processing more than $200 billion USD annually. Relentlessly digital-first and customer-centric, the Company’s digital transactions now account for over 50% of its money transfer business.

Media Contact:
Sydney Schoolfield
media@moneygram.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/moneygram-provides-update-on-cybersecurity-issue-302269145.html

SOURCE MoneyGram

Continue Reading
Click to comment

Leave a Reply

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

Technology

ATFX Announces Strategic Investment in Spark Systems to Enhance Institutional Offerings

Published

on

By

LONDON, Oct. 8, 2024 /PRNewswire/ — ATFX is pleased to announce its strategic investment in Spark Systems, a next generation, institutional-grade eFX trading platform based in Singapore serving clients in Asia and globally. ATFX is entering into this partnership with Spark Systems via a Series C investment. Spark Systems investors include leading venture capital companies and also global banks including Citibank and HSBC. This partnership is aimed at enhancing ATFX’s institutional services and will explore synergies between both organizations.

The investment in Spark Systems creates opportunities to leverage ATFX Connect liquidity within the platform, this builds on ATFX group’s commitment to enhance its trading infrastructure which is evidenced by previous milestones. These initiatives have positioned ATFX as a leading player in the industry, providing clients with cutting-edge trading solutions and improved market access.

“Investing in Spark Systems aligns with our strategic vision to enhance our institutional offerings and drive innovation in the eFX space,” said Joe Li, Group Chairman at ATFX. “We believe that this will benefit both organisations and provide our clients with improved trading solutions, especially in the Asian region.”

Joo Seng Wong, Founder & CEO of Spark Systems stated, “This collaboration with ATFX represents a significant step forward in our mission to deliver exceptional trading solutions. Together, we will empower ATFX clients with enhanced access to liquidity and offer advanced trading capabilities.”

ATFX looks forward to exploring this partnership further and is committed to building a mutually beneficial relationship with Spark Systems to enhance its market presence in Asia and beyond.

About ATFX

ATFX is a leading global fintech broker with a local presence in 23 locations and licenses from regulatory authorities including the UK’s FCA, Australian ASIC, Cypriot CySEC, UAE’s SCA, Hong Kong SFC and South African FSCA. With a strong commitment to customer satisfaction, innovative technology, and strict regulatory compliance, ATFX provides exceptional trading experiences to clients worldwide.
For further information on ATFX, please visit ATFX website https://www.atfx.com.

About ATFX Connect

ATFX Connect is a trading name of AT Global Markets (UK) Limited (authorised and regulated by the FCA),  AT Global Markets (Australia) Pty Limited (authorised and regulated by ASIC), and AT Global Financial Services (HK) Limited (authorised and regulated by the SFC). Connect is the Institutional arm of the wider ATFX Group.

ATFX Connect offers Institutional and Professional traders an extensive range of services for both Agency PB and Margin accounts, provides bespoke aggregated liquidity in Spot FX, NDFs, indices, Commodities and Precious Metals to a wide range of institutional clients from hedge funds, Tier 1 global and regional banks, high net worth investors, asset managers, family offices and other brokers. 

ATFX Connect’s liquidity pool is constructed from Tier 1 banks and non-bank providers that it has partnered with, trading in both sweepable and full amount forms. 

Agency PB Clients can connect via direct FIX API, external technology solutions or via our own trading platform. For margin clients, ATFX Connect provides market access via the group’s MT4/MT5 platform and provides a bridge solution for those who wish to connect via FIX API. 

For further information on ATFX, please visit ATFX website https://www.atfxconnect.com.

About Spark Systems

Founded in 2016, Spark Systems builds next generation high speed trading platforms. Spark Systems has developed robust eFX trading platforms and the company is uniquely designed to support both buy-side and sell-side clients. The firm has to date received investments from leading global and regional institutions including Citibank, HSBC, Philips Venture, Vickers Venture, Integra Ventures, FengHe, Jubilee CM, Farquhar Venture Capital, 5X Capital, OSK  etc. Spark Systems is a grant recipient of Monetary Authority of Singapore FSTI grant. Spark Systems focus is on building state of the art trading technology and infrastructure. The company is connected with all global top 20 FX liquidity providers and eFX non-bank hedge funds as well as major primary markets/ECNs. Today Spark Systems already serves leading banks in Asia. This positions the company for sustained and exponential growth in the FX market; the world largest and most liquid marketplace. For further information on Spark Systems, please visit the company’s website www.sparksystems.sg.

View original content:https://www.prnewswire.co.uk/news-releases/atfx-announces-strategic-investment-in-spark-systems-to-enhance-institutional-offerings-302268725.html

Continue Reading

Technology

Han’s Robot to Showcase its Innovative Collaborative Robots at Industrial Transformation ASIA-PACIFIC (ITAP) in Singapore

Published

on

By

SHENZHEN, China, Oct. 8, 2024 /PRNewswire/ — From October 14-16, Han’s Robot, a leading player in collaborative robotics, will participate in Industrial Transformation ASIA-PACIFIC (ITAP) 2024 at the Singapore EXPO. ITAP is the premier event in the Asia-Pacific region for businesses adopting and scaling Industry 4.0 (I4.0) solutions. Following its successful appearance at the 24th China International Industry Fair in Shanghai, Han’s Robot will further expand its global presence at ITAP with an exhibit at Hall 3, Booth RS11.

Strategic Growth in Southeast Asia

With Singapore being a key regional business hub and a gateway to the ASEAN market, ITAP marks an important step for Han’s Robot in extending its international reach. The company will present its latest robotic innovations, tailored to address the demands of the Southeast Asian market, supported by its strong R&D capabilities.

Key Solutions to be Highlighted at ITAP 2024:

Automated Welding Cobot: Designed with advanced motion control algorithms, Han’s welding cobot offers high precision, stability, and ease of use. It is built to operate in high-temperature welding environments, providing a robust solution for automated welding tasks.

CNC Loading and Unloading Cobot: A notable collaboration with industry partners, this cobot automates the loading and unloading process for CNC machines, improving operational speed by over 30%. Its precision and reliability are designed to optimize manufacturing efficiency.

STAR Mobile Manipulator: This intelligent mobile robot combines a robot arm, mobile robot, vision system, and gripper to perform mobile operations such as material pick and place, handling, assembly, and inspection. Offering strong scalability and cost efficiency, the STAR mobile manipulator is well-suited to support smart manufacturing applications.

Han’s Robot’s exhibit at Hall 3, Booth RS11 will feature these solutions and more. Further details and updates will be shared through the company’s official social media channels throughout ITAP.

About Han’s Robot

Han’s Robot is a high-tech enterprise dedicated to developing, promoting, and applying intelligent robots in industry, healthcare, logistics, services, etc.

For more information about Han’s Robot, please visit:

Website: https://www.hansrobot.net/
LinkedIn: https://www.linkedin.com/company/hansrobot
YouTube: https://www.youtube.com/c/hansrobot
Tiktok: https://www.tiktok.com/@hans_robot

Media Contact

Company Name: Shenzhen Han’s Robot Co., Ltd.
Address: 6/F, Building 3, Han’s Laser Global Intelligent Manufacturing Industry Base,
Bao’an District, Shenzhen City, Guangdong, China
Email: hansrobot_international@hanslaser.com 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/hans-robot-to-showcase-its-innovative-collaborative-robots-at-industrial-transformation-asia-pacific-itap-in-singapore-302259713.html

SOURCE Shenzhen Han’s Robot Co., Ltd.

Continue Reading

Technology

Sungrow PowerTitan 2.0 Wins the Storage Product Innovation Award at Solar & Storage Live Awards 2024

Published

on

By

BIRMINGHAM, UK, Oct. 8, 2024 /PRNewswire/ — Sungrow, the global leading PV inverter and energy storage system provider, is proud to announce that its PowerTitan 2.0 energy storage system has won the Storage Product Innovation Award at the Solar & Storage Live Awards 2024. The event, that held in Birmingham on Tuesday 24th of September, first day of the Solar & Storage Live UK 2024 exhibition, is a premier platform for recognizing advancements in the renewable energy and storage sectors.

The PowerTitan 2.0 is a professional integration of Sungrow’s power electronics, electrochemistry, and power grid support technologies. It stands out due to its groundbreaking innovations, providing an efficient and with the utmost levels of safety energy storage solution. Sungrow recognizes that developing Energy Storage Systems (ESS) is crucial for grid stability, maximizing renewable energy use, and advancing the energy transition towards a sustainable future. To address these needs, Sungrow has introduced the PowerTitan 2.0, a cutting-edge Liquid-Cooled ESS designed for utility-scale projects. The PowerTitan 2.0 features a fully liquid-cooled design and integrated Power Conversion System (PCS) within a standard 20-foot, 5MWh container. Its modular configuration allows for scalable 10MWh systems, overcoming traditional scalability and efficiency challenges while optimizing CAPEX and OPEX.

“We are deeply honored to receive the Storage Product Innovation Award for our PowerTitan 2.0 at Solar & Storage Live 2024,” said Mr. Lewis Jindong Li, President of Sungrow Europe. “This first award for the PowerTitan 2.0 in Europe reflects our commitment to delivering pioneering, efficient, and safe energy storage solutions. Sungrow remains dedicated to supporting the global energy transition while providing unparalleled customer support. We look forward to driving further innovation and along with our partners bridge to a sustainable future.”

Sungrow’s innovative solution has already begun making an impact in Europe. The first units of the PowerTitan 2.0 have been recently delivered to the 100MW/330MWh energy storage project in Bramley of Penso Power’s and BW ESS, while several new contracts have been secured, including a major 230MWh Energy Storage project in Germany by Nofar Energy. These projects highlight the growing demand for advanced energy storage systems that maximize efficiency and minimize operational costs.

For further information on the PowerTitan 2.0 and other cutting-edge energy solutions, visit Sungrow’s official website: 

https://uk.sungrowpower.com/ProductsHome/20?cid=42

About Sungrow

Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 27 years. As of June 2024, Sungrow has installed 605 GW of power electronic converters worldwide. The Company is recognized as the world’s No. 1 on PV inverter shipments (S&P Global Commodity Insights) and the most bankable Asian energy storage company (BloombergNEF). Its innovations power clean energy projects in over 170 countries, supported by a network of 490 service outlets guaranteeing excellent customer experience. At Sungrow, we’re committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit www.sungrowpower.com

Media Contact: Mina Zhang, mina.zhang@cn.sungrowpower.com 

Photo – https://mma.prnewswire.com/media/2521685/mmexport1727694657829.jpg
Logo – https://mma.prnewswire.com/media/1344575/Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/sungrow-powertitan-2-0-wins-the-storage-product-innovation-award-at-solar–storage-live-awards-2024–302269439.html

Continue Reading

Trending