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Singapore Minister for Digital Development and Information Josephine Teo visits BrainCo for research and study

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HANGZHOU, China, Nov. 1, 2024 /PRNewswire/ — On October 12th, Josephine Teo, Singapore Minister for Digital Development and Information, and Second Minister for Home Affairs visited BrainCo for a study session, exploring the company’s latest advancements in non-invasive brain-computer interface and artificial intelligence technologies.

The delegation began with a tour of the BrainCo product display. Under the introduction of BrainCo’s founder and CEO, Han Bicheng, Josephine Teo gained a deeper understanding of the company’s latest developments in non-invasive brain-computer interface technology. The company’s product experience officer showcased various applications of the BrainCo Intelligent Dexterous Bionic Hand, such as calligraphy and playing the piano, along with the BrainCo M3 Intelligent Bionic Leg.

Following the tour, the two sides held a discussion session. Han Bicheng introduced BrainCo’s technological progress, research direction, and goals in the field of brain-computer interfaces. He expressed a desire to strengthen communication and broaden areas of cooperation with relevant companies in Singapore, aiming for mutual benefits and shared success.

During her visit to China, Josephine Teo also toured academic institutions and technology companies in Shanghai, Suzhou, and Hangzhou. Following her visit, she shared on her social media:

Singapore and China are long-standing partners, enjoying deep and multifaceted relations. Our bonds continue to flourish through the years, from high-level government exchanges to robust business ties and strong friendships between our people.

During my working trip to China last week, I visited academics and tech companies across Shanghai, Suzhou, and Hangzhou. I was also happy to connect with fellow Singaporeans working in the tech scene there, and glad to see them doing well.

These interactions reaffirmed my conviction that Tech must be for the Public Good–to enhance our quality of life and unlock new opportunities for our people and businesses.”

As Josephine Teo mentioned, technology must serve the public good. BrainCo adheres to the mission of “Unlocking more possibilities in life”, committed to applying laboratory technologies to real-world settings to create tangible impacts. BrainCo has completed approximately $300 million in financing and invested in research and development. The company aims to connect its brain-computer interface products with international markets and looks forward to exploring more business opportunities with partners worldwide, jointly promoting industry innovation and market growth.

View original content:https://www.prnewswire.com/news-releases/singapore-minister-for-digital-development-and-information-josephine-teo-visits-brainco-for-research-and-study-302293972.html

SOURCE BrainCo

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Cv International’s WindSuite: A Comprehensive Solution for Wind Turbine Maintenance and Safety

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BEND, Ore., Nov. 1, 2024 /PRNewswire/ — Cv International’s WindSuite™, a cutting-edge service solution tailored to meet the safety and operational needs of technicians maintaining wind turbines across the renewable energy sector. The WindSuite provides an integrated approach to nitrogen servicing, combining a nitrogen generator, enhanced nitrogen booster, explosion-proof nitrogen fill station, and the innovative, CE Certified, WindKit, designed for ease of use in challenging environments.

Cvi’s WindSuite has been adopted by major industry players, including Siemens Energy, Vestas American Wind Technology, and Clearway Energy Wind Power Plants. “Servicing wind turbines is no easy task due to their extreme heights and the demand for high-pressure nitrogen,” says Sam Zumbrunnen of Cv International. “Our WindKit provides a portable and efficient nitrogen solution, enabling technicians to safely service turbines at elevation while ensuring equipment integrity and enhancing personal safety.”

Key Highlights:

Cvi WindSuite: The Complete Service Solution
WindSuite provides a suite of complementary nitrogen products designed to meet the varied needs of wind turbine servicing. This comprehensive package includes a nitrogen generator, booster, explosion-proof fill station, and the WindKit for portable, on-site nitrogen application.

Expanding Distribution Network
Cvi is partnering with a growing network of national distributors, marking a significant milestone in the company’s expansion. These distributors are positioned to deliver WindSuite solutions to a broader audience across the U.S.

Growing Customer Base
WindSuite has been successfully installed in several states, including Texas, Indiana, Arizona, Colorado, and Washington, contributing to enhanced operational efficiency and safety for a wide range of wind farm operators.

Cost and Safety Benefits
By reducing maintenance costs and improving safety protocols, the WindSuite offers wind farm operators a superior return on investment, contributing to the accessibility and affordability of wind energy.

Dan Warden, CEO of Cv International, expressed excitement about the company’s continued impact on the renewable energy sector. “Our WindSuite is designed to accelerate the transition to sustainable energy by streamlining wind turbine maintenance. We’re proud to announce that our Bend, Oregon facility is powered by 100% renewable wind energy, reinforcing our commitment to sustainability for our customers, employees, and communities.”

For further details or media inquiries, please contact:

George Darcy
Chief Marketing Officer
gdarcy@cvintl.com
541-480-1716

About Cv International:
For over 40 years, Cv International has provided innovative solutions to industries including Wind Energy, Aviation, Hydro Electric, and Oil & Gas. Headquartered in Bend, Oregon, Cv International is a Veteran-Owned Small Business (VOSB) delivering high-performance nitrogen systems, contaminated fuel detectors, cryogenic samplers, and maintenance solutions. Visit us at cvintl.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/cv-internationals-windsuite-a-comprehensive-solution-for-wind-turbine-maintenance-and-safety-302293193.html

SOURCE Cv International

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WorkFusion Named a Category Leader in the Chartis RiskTech Quadrant® for KYC Solutions

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Recognition as a leader in KYC, plus being named an AI category winner in the RiskTechAI50®, highlight the company’s market leadership in financial crime compliance technology

NEW YORK, Nov. 1, 2024 /PRNewswire/ — WorkFusion, a pioneer in AI agents for financial crime compliance (FCC), today announced that it has been named a Category Leader in the Chartis RiskTech Quadrant® for KYC Data and Solutions, 2024. It was also recognized recently as the winner for the Workflow and Automation category in Chartis’ RiskTechAI50® 2024.

Chartis is a research and advisory firm that supports financial services firms in the areas of risk, compliance and RegTech.

“WorkFusion’s bespoke AI assistance is a unique capability in the KYC marketplace and can be utilized in such areas as alert adjudication, automation and onboarding,” said Chartis Research Principal Philip Mackenzie. “Together with this cutting-edge leveraging of AI, the company’s strategy and consistent growth were key factors in WorkFusion’s designation as a category leader in the KYC Solutions quadrant.”

WorkFusion CEO Adam Famularo said, “We welcome the recognition by Chartis of our advanced KYC technology and expertise. Banks and financial institutions are contending with an increasingly complex and burgeoning landscape of bad actors attempting to exploit the global financial system. Every day, our AI Agents are helping financial crime compliance teams mitigate risk and transform KYC processes by reducing manual work and delivering a faster, easier onboarding experience for customers.” 

WorkFusion’s AI-driven solutions prowess has previously been highlighted by other expert assessments, including being recognized as a Leader in Everest Group’s Banking-specific IDP Products PEAK Matrix® Assessment 2024. “WorkFusion’s ‘Digital Workers’ offering has stimulated the IDP market by giving users pre-trained ML models for specific use cases, especially within the banking compliance arena.”

Chartis assessed the WorkFusion platform, called Work.ai, as well as the WorkFusion AI Agents for financial crime compliance (FCC), by reviewing and analyzing in-depth product information, live demonstrations of WorkFusion AI Agents for FCC in action and interviews with WorkFusion product experts.

About WorkFusion

WorkFusion is a pioneer in AI agents for financial crime compliance (FCC). Its AI Agents are purpose-built workers that augment compliance teams in level 1 analyst functions and alleviate the tedious tasks associated with anti-money laundering (AML), adverse media monitoring, sanctions screening alert review, customer onboarding, Know Your Customer (KYC), transaction monitoring (TM) and customer service. WorkFusion’s AI solutions are technology controls that mitigate risk, solve talent challenges, increase workforce capacity, save money, enhance employee and customer experience, and improve compliance posture. To “put AI to work” for your organization, visit workfusion.com.

Media contact:

Jessica Cassady

jcassady@workfusion.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/workfusion-named-a-category-leader-in-the-chartis-risktech-quadrant-for-kyc-solutions-302293395.html

SOURCE WorkFusion

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Further exits stealth with $4.1M to empower first-time homebuyers

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Founded by a former fintech unicorn CEO & a proptech executive, Further aims to simplify the process for buyers with better financial planning tools

WASHINGTON, Nov. 1, 2024 /PRNewswire-PRWeb/ — New startup Further launches today and emerges from stealth with a $4.1 million pre-seed round. Founded in spring 2024, Further is on a mission to empower first-time homebuyers through the financial complexities of purchasing their first home. Investors include Link Ventures, Vesta Ventures, F4, FiDi Ventures, Flex Capital, Gaingels, Andrew Paradise, Jeff Fagnan, Ryan Moore and other angel investors.

The equation for homebuying has become much more complicated.

The company arrives at a critical time in the home affordability crisis. Today’s first-time homebuyers, particularly Millennials, face unprecedented challenges. As increasingly unattainable housing prices have pushed back the average age of homebuyer to their mid-30s, the equation for homebuying has also become much more complicated. While buyers are often left to manage this highly complicated process on their own using home-made spreadsheets, Further aims to replace the guesswork with easy-to-understand yet powerful, personalized tools that simplify their financial planning.

“Buying a home is one of the most significant milestones in a person’s life, but for many, the process is daunting and far too often, feels out of reach,” said Further cofounder & CEO, Kevin Bennett. “At Further, we’re here to empower buyers, giving them the tools, confidence and knowledge they actually need to achieve their homeownership dream.”

Further was founded by CEO Kevin Bennett and COO Chris Baker, leaders with extensive experience in fintech, real estate, and tech innovation. Bennett, the founding CEO of fintech unicorn Caribou, has a proven track record of leading high-growth companies. Baker, who has held leadership positions at high-growth startups, like EverQuote, and large consumer banks, like Bank of America and Santander, brings deep expertise in real estate and financial services. Further CTO, Nassir Samatar, brings a wealth of experience in building scalable tech platforms at Amazon, Coupang & Rover.

For more information, visit www.withfurther.com.

Media Contact

Hannah Golden, Further, 1 7033406867, press@withfurther.comwww.withfurther.com

View original content to download multimedia:https://www.prweb.com/releases/further-exits-stealth-with-4-1m-to-empower-first-time-homebuyers-302293776.html

SOURCE Further

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