VIENNA, Oct. 23, 2024 /PRNewswire/ — DAIKI GmbH, an AI governance and compliance solutions provider based in Vienna, has successfully secured €1.5 million in seed funding to support its European roll-out and further product development. The funding marks a significant milestone in Daiki’s mission to help businesses across Europe responsibly deploy AI.

Daiki offers a SaaS solution for AI governance and compliance with the EU AI Act and ISO standards, including ISO 13485 for medical device manufacturers. Built by a multidisciplinary team of experts, it offers an integrated document and quality management system (eQMS), streamlined processes for AI development, and an AI Copliot for successful AI implementation at scale.

Today, AI development involves complex legal, ethical, and technical issues that most organizations find difficult to manage. These challenges often slow down innovation and make it harder for organizations to fully benefit from AI. Daiki tackles these challenges through its SaaS platform that guides companies towards successful AI implementation, saving time and money spent on costly consultants so organizations can focus on achieving real results with AI.

After 18 months of bootstrapping, the company received €1.5 million in seed funding from Humanitas GmbH, an investment vehicle of Tarek Sherif. Tarek is the co-founder of Medidata Solutions, and current Chairman of Dassault Systèmes’ Life Sciences Sector Board. With the newly secured seed funding, Daiki will accelerate its development efforts, including a new AI model registry feature. The funds will also be used to scale the team and strengthen its market presence across Europe.

Daiki currently caters to the MedTech, healthcare, and manufacturing sectors, with a particular focus on the DACH region, the UK, the Netherlands, and Scandinavia. It also serves companies doing business in the EU, which are obligated to comply with the EU AI Act, across a broad range of industries. Daiki operates on a SaaS subscription model, with discounted rates offered to research institutes, NGOs, and the public sector. With significant market potential, the company also counts the University Hospital Basel and Seco Tools among its customers.

Led by CEO Kevin Michael Gibney, an international sales and marketing executive with extensive experience in high-tech SaaS startups, Daiki additionally benefits from an experienced Advisory Board. Its members represent a diverse range of expertise, featuring leaders in AI governance, philosophy, UX design, and life sciences innovation.

“To succeed in the European market, the effective and ethical development and deployment of AI must go hand in hand. Daiki demonstrates that, with the right technical tooling, it is possible to drive innovation, while at the same time meeting complex regulatory requirements,” commented Daiki Advisory Board member Paula Cipierre.

About Daiki
Daiki is an artificial intelligence startup based in Vienna. Daiki’s SaaS platform combines AI, legal, and ethics expertise, enabling companies to successfully implement AI-based projects while ensuring compliance with industry-specific, local, and international standards.

For more information, visit https://dai.ki

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Close partnership and collaboration with Workday enhance UST’s ability to provide support for companies at all stages of their digital transformation journeys

BENGALURU, India, Oct. 23, 2024 /PRNewswire/ — UST, a leading digital transformation solutions company, today announced that it has become a services deployment partner for Workday, Inc., a leading provider of solutions to help organizations manage their people and money. This partnership will help enable UST to perform new and future implementations while continuing to better optimize and support Workday customers across the globe.

As companies embrace cloud-based solutions like Workday, the benefits of generative AI and custom application development in Human Capital Management (HCM) and finance continue to grow. UST will leverage its cross-platform SaaS expertise, Generative AI thought leadership, industry solutions, and automation tools to help enable customers to get the most from their Workday experience. Furthermore, UST’s status as a Workday services deployment partner allows UST to better support customers and organizations going live on the Workday platform for the first time, as well as to help and guide existing customers that are adding new modules or need support maintaining a complex production environment.

“This partnership and commitment to Workday at UST empowers us to provide current and future customers with Workday services and industry accelerators while giving them the convenience of access to Workday-certified consultants with the latest tools and training at their disposal. We will also leverage UST’s strong technical and customer base to allow clients the ability to benefit from the resources and solutions UST offers as a Workday deployment partner,” said, Angad Singh, Workday Practice Lead, UST.

“Our partnership with Workday underscores UST’s commitment to help provide customers with cutting-edge SaaS solutions. As both a Workday customer and deployment partner, we offer a unique perspective that enables us to deliver tailored solutions that align with enterprise needs. By leveraging our expertise in cross-platform SaaS, generative AI, Workday Extend, and industry-specific solutions, we’re helping to empower organizations to achieve maximum value from their Workday investments,” said, Kailash Attal, Chief Solutions Officer, UST.

UST’s experience and relationship with Workday allows it to help businesses get started and capitalize on their Workday Human Capital Management (HCM) and Workday Financial Management digital transformation journeys.

About UST

Since 1999, UST has worked side by side with the world’s best companies to make a powerful impact through transformation. Powered by technology, inspired by people, and led by our purpose, we partner with our clients from design to operation. Our digital solutions, proprietary platforms, engineering expertise, and innovation ecosystem turn core challenges into impactful, disruptive solutions. With deep industry knowledge and a future-ready mindset, we infuse innovation and agility into our clients’ organizations–delivering measurable value and positive lasting change for them, their customers, and communities around the world. Together, with 30,000+ employees in 30+ countries, we build for boundless impact–touching billions of lives in the process. Visit us at www.UST.com

Media Contacts, UST:
Tinu Cherian Abraham
+1 (949) 415-9857

Merrick Laravea
+1 (949) 416-6212

Neha Misri
+44-7341787926

Roshni Das K
+91 7736795557
media.relations@ust.com

Media Contacts, India:
Adfactors PR
ust@adfactorspr.com 

Media Contacts, U.S.:
S&C PR
+1-646.941.9139
media@scprgroup.com

Makovsky
ust@makovsky.com

Media Contacts, U.K.:
FTI Consulting
UST@fticonsulting.com

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Summit to present prospects for the global expansion of APAC companies into emerging markets in Latin America, Africa, and India

BANGKOK, Thailand and CURITIBA, Brazil, Oct. 23, 2024 /PRNewswire/ — EBANX, a global technology company specializing in payment services for emerging markets, is set to bring its 7th annual Payments Summit to Bangkok, Thailand, from October 24-26. Following highly successful chapters in Barcelona, Spain (September 18-20) and Napa Valley, U.S. (September 30-October 2), the Bangkok edition marks the second time EBANX is hosting this influential summit in the Asia-Pacific (APAC) region – the first time was in 2023, in Sanya, China.

This underscores the company’s growing global presence and commitment to strengthening relationships with APAC companies, helping them explore new opportunities and expand their reach into the world’s fastest-growing digital economies: Latin America, Africa, and India. These regions will see their digital markets accelerate at double-digits every year, over the next three years, and together they will surpass US$ 1.3 trillion by 2027, per Payments and Commerce Market Intelligence (PCMI) projections.

Empowering APAC Merchants in the World Digital Economy

With a focus on providing actionable insights for APAC businesses, the EBANX Payments Summit in Bangkok is designed to meet the specific interests and challenges faced by merchants in Latin America, Africa, and India, the three regions with the fastest-growing digital commerce markets in the world – much connected to the consumer spending growth as a whole. Combined, these markets are expected to reach US$ 6.7 trillion in consumer spending this year, according to data from the World Data Lab analyzed by EBANX. In ten years, this figure is projected to surpass US$ 14 trillion, representing a growth of 107.8%, which exceeds the global average increase of 62.7% in the same period.In an era where digital payments are transforming global commerce, the summit will offer invaluable knowledge on how APAC companies can leverage their strengths and integrate into these dynamic and expanding rising markets, through a well-thought and well-executed payments strategy.

“Bringing the EBANX Payments Summit to Bangkok is a natural next step for us, as APAC continues to be a powerhouse for global digital commerce,” said Fabio Scopeta, Chief Product and Technology Officer (CPTO) at EBANX. “The APAC region is brimming with potential, and this summit will deliver tailored insights for merchants looking to capitalize on the growth of digital commerce in rising markets”

The summit will host a distinguished lineup of speakers who are leaders in global payments, digital commerce, and emerging market trends. Besides Scopeta, speakers include João Del Valle, CEO and Co-founder of EBANX; Wolfgang Fengler, CEO of World Data Lab; Fernanda de Fino, Executive Director at EBANX Singapore and Global Director of Legal, Risk and Compliance at EBANX; Eduardo de Abreu, Vice President of Product at EBANX; Wiza Jalakasi, Director of Africa Market Development at EBANX; Rashmi Satpute, Country Director of India at EBANX; Maria Francis, Head of Business Development for the Americas at the National Payments Corporation of India (NPCI); and Sean Yu, Vice President of Merchant Success for APAC at EBANX. They will address key topics for APAC merchants aiming to grow in emerging markets, such as P2B digital transactions, card performance in Latin America, the expansion of the gaming industry, Africa’s potential as a growth frontier, cross-border payments in Egypt, India’s rise as a digital payment powerhouse, and the role of the Indian UPI in real-time P2B transactions.

Strengthening Global Ties and Innovating Payment Solutions

The decision to host the EBANX Payments Summit in Bangkok signals EBANX’s intent to solidify its global leadership in payments and build deeper collaborations with APAC businesses. The company, now operating payment services in 29 countries across Latin America, Africa, and in India, and integrating more than 200 payment methods commonly used in these rising markets, has become a pivotal player in helping global merchants reach new consumer markets through innovative payment solutions.

In a world where the borders of commerce are fading, the rise of digital payments in emerging economies such as Brazil, Mexico, Kenya, and India presents an exciting opportunity for APAC merchants to expand globally. EBANX, with its powerful proprietary technology and deep understanding of these regions, stands ready to support APAC businesses on their journey into these high-growth markets.

“By understanding the latest trends in payments and consumer behavior, companies can strengthen their global strategy and unlock untapped potential in markets like Brazil, Colombia, Mexico, India, Nigeria, South Africa, and Kenya,” stated the CPTO at EBANX.

About EBANX

EBANX is the leading payment platform connecting global companies with customers from the fastest-growing digital markets in the world. The company was founded in 2012 in Brazil with the mission of giving people access to buy in international digital commerce. With powerful proprietary technology and infrastructure, combined with in-depth knowledge of the markets where it operates, EBANX enables global businesses to connect with hundreds of payment methods in different countries in Latin America, Africa, and Asia. EBANX goes beyond payments, increasing sales, and fostering seamless purchase experiences for businesses and clients.

For further information, please visit:

Website: https://www.ebanx.com/en/
LinkedIn: https://www.linkedin.com/company/ebanx

Media Contact: Shan Huang
Managing Director
AHG Strategies Limited                                   
shan.huang@ahgstrategies.com

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SOURCE EBANX PTE. Ltd.