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Quavo, Inc. Secures Trademark Registration for Automated Fraud Management Tool ARIA®

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ARIA® investigates fraudulent transactions within seconds, like a human would.

EAST LANSING, Mich., May 4, 2023 /PRNewswire/ — Quavo Fraud & Disputes has secured its first trademark registration (no. 7,022,021) for its automated intelligence tool, ARIA®. Quavo’s revolutionary fraud management technology is used by issuing banks and financial institutions to automatically investigate fraud claims and deliver case decisions in real time, as a human would but without the risk of human error.

 

ARIA® significantly reduces operational overhead for issuing financial institutions, allowing organizations to investigate all fraud claims, regardless of claim volumes. The name “ARIA” stands for Automated Reasonable Investigation Agent, a term derived from the regulatory language around federal requirements for issuers when acting on fraudulent transactions. ARIA® makes consistent case decisions while conducting and compiling claim information, upholding complex regulatory compliance requirements like Regs E and Z.

“The fintech industry has neglected fraud management for years, so ARIA is lightyears ahead of the game. Her registration underpins Quavo as the authority in fraud solutions, serving notice for FIs to ‘get onboard or be left behind’,” said Quavo’s CRO Brittany Usher. “And given the volatile state of our economy and increased financial fraud, being left behind is a risk banks can no longer afford.”

ARIA® serves as a complementary product to QFD™, Quavo’s end-to-end, automated dispute management SaaS platform. QFD™ is currently under application for registration.

“We are proud to introduce ARIA as a trademarked name and welcome everyone in the disputes industry to reach out and find out what she’s all about,” said CTO and Co-Founder David Chmielewski.

Watch as ARIA® helps banks by replacing manual tasks in the back-office so that employees may focus on more meaningful tasks for more rewarding careers.

About Quavo, Inc.

Quavo Fraud & Disputes™ is the world’s leading provider of automated dispute management solutions for issuing banks and financial organizations. Quavo’s premier QFD™ SaaS platform can automate the entire dispute lifecycle, from intake through investigation, chargeback recovery, and resolution. Combine QFD™ with our back-office investigation team, Dispute Resolution Experts™ for a partial or fully outsourced fraud and dispute processing solution. For issuers experiencing high-volume fraud claims, Quavo’s revolutionary automated intelligence tool ARIA® performs entire fraud investigations within seconds to deliver auto decisioning as a human would, without the risk of human error. For more information about Quavo Fraud & Disputes, visit www.quavo.com.  

Media Contact
Jennifer Sibert Marshall
Growth Marketing Manager
jennifer.marshall@quavo.com

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SOURCE Quavo, Inc.

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Phase 3 of the 2025 Global Sources Hong Kong Shows Officially Opens

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Focusing on New Opportunities in Sports, Outdoor, and Baby Products Markets

HONG KONG, April 27, 2025 /PRNewswire/ — Phase 3 of the 2025 Global Sources Hong Kong Shows officially opened today and will run until April 30 at AsiaWorld-Expo in Hong Kong. The four-day event covering two major trade shows: “Sports & Outdoor Show” and “Baby & Children’s Products Show.” The exhibition brings together more than 700 exhibitors from across Asia, focusing on three core areas: “Product Upgrades,” “Community Scenarios,” and “Customization Services,” showcasing diverse products including camping supplies and equipment, fitness equipment, water sports gear, outdoor sports products, sportswear, and accessories, creating an efficient and precise international sourcing platform for global professional buyers. The concurrent Baby & Children’s Products Show focuses on displaying various maternal and infant products and related services, including baby toys, strollers, safety seats, and baby furniture. The exhibition is expected to attract nearly 15,000 visitors, promoting industry exchange and business cooperation.

Sports & Outdoor Show: World Cup-Themed Area Leads the Trend

With the 2026 World Cup approaching, global sourcing demand for sports products is expected to rise significantly. The show has specially set up a “World Cup-themed Area,” showcasing diverse categories including sports equipment, apparel, souvenirs, and customized promotional items. The area brings together international brand manufacturing partners and vertical domain specialists to precisely meet market demands.

Exhibitors will showcase products made from sustainable materials, responding to global market concerns about green manufacturing. For example, Maxstar, which has collaborated with Pepsi and Coca-Cola, will display an eco-friendly football series made from renewable materials, injecting sustainable development value into traditional sports products; Healy Sportswear and Normzl are offering flexible B2B customization services where everything from jersey colors to team logo designs and cultural totem elements can be personalized to meet diverse market needs; while in the area of cultural derivatives, some exhibitors are breaking through homogenization challenges by combining World Cup elements with team IP to explore the cultural value-added potential of event economics.

John Kao, Vice President of Hong Kong Shows & Overseas Shows at Global Sources, points out: “The World Cup is both a golden window for driving order growth and an important opportunity for companies to upgrade products and innovate services. Companies need to balance short-term order pressure with long-term brand value.”

Outdoor Products Moving Toward Multi-Scenario Application Era

Beyond the World Cup-themed area, outdoor sports products are also showing innovative trends. A series of products such as camping equipment, mountain climbing gear, and water activity supplies are gradually transforming from single-tool attributes to carriers of lifestyle, embodying the industry development direction of “function as application scenario,” injecting new momentum into the outdoor equipment market. Taking the well-known outdoor brand TMZ as an example, they are exhibiting their latest foldable camping cart, made of durable materials with scenario-based design elements that achieve seamless transition between function and usage scenarios. Its detachable oil-resistant tabletop can flexibly adapt to different outdoor situations such as transportation, dining, and barbecue, fully meeting diversified camping needs. This innovative “function as application scenario” design not only caters to market demand for multi-scenario applications but also opens up new growth space for the outdoor products industry.

To enhance the on-site experience for visitors, the exhibition features multiple sports-themed activities, including a sports carnival, PICKLEBALL experience zone, and football interactive area. The exhibition also joins with the Sports Performance and Functional Fitness Federation of Hong Kong, China to organize Indoor Triathlon Invitation Competition, inviting athletes to compete on-site, vividly demonstrating the unique charm of skiing, cycling, and rowing triathlon. Meanwhile, Global Sources Hong Kong Shows is partnering for the first time with Po Leung Kuk Youth Affairs Department to organize the “Emerging Sports Promotion Day,” featuring demonstrations by award-winning coaches and introducing the emerging sport “Extreme Speed Disc,” which was independently developed by Po Leung Kuk and recognized by the Flying Disc Federation of Hong Kong, China and China Hong Kong Newly Emerged Sports Association. In addition, Wing Chun Master Lam Shu-shing will make a personal appearance to demonstrate Ip Man-Leung Sheung Wing Chun techniques, adding a highlight of traditional martial arts culture to the exhibition.

John Kao adds: “These immersive themed activities are gradually reshaping traditional business matching methods. Through various sports experiences, buyers and suppliers can more intuitively feel product value in real application, thereby establishing deeper consensus on product functions and market needs. This is the core purpose of Global Sources setting up themed activity areas.”

Baby & Children’s Products Show: Smart and Emotional Design Leads Industry New Directions

The Baby & Children’s Products Show focuses on diverse products including baby supplies, toys, clothing, strollers, safety seats, and baby furniture, aiming to build an efficient connection platform for upstream and downstream enterprises in the industry chain, promoting technological upgrades and innovative cooperation. The maternal and infant industry is currently transitioning from “meeting basic needs” to a development stage that emphasizes both “technology-enabled safety” and “emotional value co-creation.” The exhibition perfectly presents this transformation, serving as a weather vane for market trends in the next six months to a year.

In terms of infant care products, as scientific parenting concepts become popular, intelligent applications are increasingly mature. Exhibitor Vizolink’s AI baby monitoring system integrates millimeter-wave radar with visual AI, supporting functions such as sleep apnea alerts and continuous temperature monitoring, providing real-time warnings of potential risks, greatly enhancing the safety and technological protection of family childcare, becoming an important representative of baby products moving from function-oriented to intelligent upgrades.

At the same time, emotional design is rapidly emerging in the field of baby products. Brands are incorporating elements of childlike fun, aesthetics, and storytelling by combining community scenarios, not only enhancing product added value but also strengthening emotional connections between users and products, exploring new growth paths. For example, the brand Zoyzoii under Shenzhen Miker Technology Co., Ltd. focuses on children’s travel product design, cleverly integrating natural elements with childlike styles, transforming practical items such as backpacks and water bottles into children’s growth companions. The exhibition displays series products such as bear-shaped backpacks, mushroom-shaped backpacks, and natural-style water bottles, which are exquisite in appearance and combine practicality with emotional value, fully demonstrating the development trend of the baby products market’s increasing emphasis on emotional connection and product design.

Digital Transformation Reaches Milestone, Continues to Lead Sourcing Revolution

2025 marks an important milestone for Global Sources Online (GSOL) as it celebrates its 30th anniversary. As the world’s first international O2O sourcing platform, GSOL continues to upgrade trade models through digital innovation and deepens online-offline integration through the “Global Sources Hong Kong Shows,” building a seamlessly connected global trade ecosystem. This exhibition integrates professional digital platforms, cloud exhibition systems, and intelligent matching technology to provide full-scenario efficient connection services for buyers and sellers, continuously promoting digital transformation and further optimizing procurement experiences. In addition, the simultaneously launched Show Genie APP realizes instant entry with QR code scanning, personalized exhibition route planning, and online note-taking functions, not only significantly improving visitor efficiency but also bringing more on-site traffic and online business opportunities to exhibitors, helping trade partners seize opportunities in the digital wave.

About Global Sources

Global Sources is an internationally recognized multichannel Online-to-Offline (O2O) sourcing platform that has been driving global trade for over 50 years. The company connects authentic buyers and verified suppliers worldwide with tailored solutions and trusted market intelligence through its online platform GlobalSources.com, mobile apps, industry-specific trade shows, and tailored business matching. Global Sources’ unique services have successfully provided efficient and convenient commercial services to over 14 million registered international buyers and users.

For Media Inquiry:

Market Hubs Holdings Limited

Lierence Li

Debbie So

+852 3998-4900

+852 3998-4900

lierence@markethubsgroup.com

debbie@markethubsgroup.com

 

 

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SOURCE Global Sources

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iMENA Restructures as Saudi CJSC and Announces First Tranche of Pre-IPO Capital Increase

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$135M Capital Raise, Comprised of Private Placement and In-Kind Contributions, Aims at Increasing iMENA’s Shareholding in Existing Businesses Company completes restructuring into a Saudi company, iMENA HoldingTransformation part of evolution into regional digital powerhouse.

RIYADH, Saudi Arabia, April 27, 2025 /PRNewswire/ — iMENA Group (“iMENA”), a regional leader in digital platforms in the MENA region, has raised $135 million from Sanabil Investments, a wholly owned company by the Public Investment Fund (PIF), FJ Labs, a global venture capital firm known for backing category-leading marketplace and network-effect platforms, and Saygin Yalcin, the founder and CEO of SellAnyCar, and a number of other leading Saudi investors.

The capital raise is compromised of a private placement and in-kind contributions and is the first tranche of a pre-IPO funding round. The new funding round will be used to increase iMENA’s shareholding in its three high-performing businesses: OpenSooq, SellAnyCar, and Jeeny; to drive vertical and geographic expansion; and to improve synergies across its platforms.

iMENA confirmed that it has now restructured into a Saudi Closed Joint Stock Company (CJSC) under the name of iMENA Holding. This transformation marks a major milestone in the company’s evolution into a regional digital powerhouse, ahead of a potential public listing. Furthermore Saygin Yalcin will also join iMENA’s Board of Directors and management committee to help drive strategic direction for the company.

Nasir Alsharif, Chairman of iMENA Holding said: “This transaction marks an important inflection point for iMENA in its journey to IPO-readiness by taking advantage of the great opportunities provided by the Kingdom’s Vision (2030) and in cooperation with the largest investment entities. We are shaping the future of the region’s digital economy as a platform of internet marketplaces driving innovation at pace and at scale. The high growth and profitability of our businesses, in sectors and markets within which we have high conviction, provides material value creation opportunities and an exciting pathway for us to accelerate forward.” 

A spokesperson at Sanabil Investments added: “We are excited to invest in iMENA Holding, a digital platform with proven scalability and profitability. Leveraging our own experience in internet marketplaces, we understand their unique strategy and are committed to bringing our expertise to support their growth and future IPO aspirations on the Saudi Exchange.”

Acting as financial advisor to iMENA Holding on the private placement, Hossam AlBasrawi, CEO of Al Rajhi Capital commented “Al Rajhi Capital is proud to support iMENA’s transformation and potential IPO journey. The group’s integrated model and strategic vision make it a standout in the region’s digital landscape”.

Closing of the capital raise remains subject to standard closing conditions and the approval of the authorities in Saudi Arabia.

iMENA Holding’s new Board of Directors will comprise the following regional leaders and sector veterans:

Nasir Alsharif, Chairman of iMENA, Board Member at AWJ Holding Company and Executive Chairman of Sackville CapitalKhaldoon Tabaza, Co-founder & Managing Director of iMENAAdey Salamin, Co-founder of iMENA and CEO of OpenSooqSaygin Yalcin, Founder & CEO of SellAnyCarMazin AlDawood, CEO of Osool & Bakheet InvestmentUsman Sikandar, Head of Investment Banking at Al Rajhi CapitalMarco Somalvico, Vice President M&A of E&

Sanabil Investments will also appoint a member to the Board of Directors of iMENA Holding in due course.

iMENA’s businesses, OpenSooq, SellAnyCar, and Jeeny, are regional leaders in horizontal and vertical marketplaces across the largest sectors in the region, including real estate, automotive, and mobility, with operations in Saudi Arabia, UAE, Jordan, Oman, Kuwait, and the broader Middle East region. iMENA’s businesses are profitable and growing rapidly, with an average annual growth rate exceeding 55%. Almost 40% of the aggregate revenues of iMENA’s businesses come from Saudi Arabia, with another 40% from the UAE, making them iMENA’s two core strategic markets. iMENA’s businesses aim to serve as a compelling proxy for the digital economy in the Middle East and North Africa region, giving investors direct exposure to the region’s fastest-growing online sectors.

About iMENA Holding:

iMENA was founded in 2012, and has evolved into a regional internet champion, building and scaling high-growth internet businesses across the Middle East and North Africa region. The company was co-founded by Nasir Alsharif, Khaldoon Tabaza, and Adey Salamin,  joined as part of this restructuring by Saygin Yalcin, plan to leverage their expertise in technology and investment to continue building and operating digital marketplaces. Over the years, iMENA has launched, acquired, scaled, and successfully exited from a number of successful regional platforms, thereby becoming a strategic consolidator in the digital economy.

Nasir Alsharif, iMENA’s Chairman, is an experienced investor and builder of investment businesses across venture capital, technology and broader private markets, with current roles including Board Member at AWJ Holding Company and Executive Chairman of Sackville Capital.Khaldoon Tabaza, Managing Director of iMENA Holding and Chairman of Opensooq, is a pioneer in the region’s technology and venture capital ecosystem with more than 30 years of experience in building and investing in digital ventures across MENA, including founding the first venture-backed online business in the MENA region more than 25 years ago.Adey Salamin is a marketplace expert and the CEO of OpenSooq, known for scaling the platform into one of the region’s most visited websites and mobile applications. Adey has over 20 years of experience as a founder, operator, investor, and advisor of growth businesses.Saygin Yalcin is a serial entrepreneur and Founder & CEO of SellAnyCar, one of the most prominent digital automotive brands in the Middle East. Previously, he was Founder and CEO of Sukar.com and Vice President of Souq.com following a merger forming the Middle East’s largest E-commerce group that was later acquired by Amazon.

For more information on OpenSooq, please visit: www.opensooq.com

For more information on SellAnyCar, please visit: www.sellanycar.com

For more information on Jeeny, please visit: www.jeeny.me

Contact:

info@imena.com

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Earth Day 2025: Raytron’s Thermal Cameras Expose Hidden Climate Threats

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YANTAI, China, April 27, 2025 /PRNewswire/ — Since the inaugural Earth Day in 1970, global environmental efforts have intensified, yet invisible threats—from melting glaciers to undetected gas leaks, smoldering wildfires to industrial emissions—continue to escalate and imperil our planet’s future. Under the 2025 theme “Cherish the Earth, Harmonious Coexistence Between Humanity and Nature”, Raytron, a key player in infrared thermal imaging innovation, deploys its advanced thermal imaging solutions to uncover hidden environmental risks through precise temperature diagnostics.

How Thermal Imaging Technology Safeguards the Planet:

Infrared thermal imaging solutions deliver non-contact, high-speed environmental diagnostics across vast areas, empowering proactive risk mitigation:

Gas Leak Detection

Infrared thermography detects leaks of methane, ethylene, and sulfur hexafluoride (SF6) by visualizing their infrared absorption signatures, enabling rapid large-scale screening to identify and mitigate leakage sources early.

Water Pollution Monitoring

Thermal cameras enable rapid detection of aquatic temperature anomalies in rivers, lakes, and wetlands and by mapping surface thermal variations, precisely locate groundwater seepage and pollutant discharge sources to enable real-time ecological monitoring and support EU Water Framework Directive compliance.

Early Forest Fire Warning

Based on globally leading infrared detection technology and advanced high-definition infrared stitching algorithms, Raytron deploys the PC4 Series Dual-Spectrum PTZ Camera which is a medium-to-long-range observation and monitoring product that integrates infrared thermal imaging, an HD visible light camera, and an intelligent PTZ into one to support the functions of fire point detection, tripwire intrusion, and regional intrusion detection, enhancing target recognition accuracy during nighttime and adverse weather conditions.

Waste Management Safety

In landfills and treatment plants, infrared cameras can uncover subsurface combustion zones, issuing instant alerts to prevent fires and toxic emissions, safeguarding surrounding ecosystems and personnel.

Wildlife Conservation

Raytron’s thermal imaging system enables 24/7, non-intrusive wildlife monitoring unaffected by light or weather, supporting anti-poaching, conflict prevention, and ecological research for harmonious human-wildlife coexistence.

Raytron’s Sustainable Vision:

As the pioneer of launching the world’s first 6µm uncooled infrared thermal imaging detector, Raytron integrates ASICs, MEMS sensors, AI algorithms into scalable solutions for carbon-neutral energy optimization. Driven by the mission of “To create incremental value for customers with technological advancement”, Raytron equips governments, NGOs, and enterprises with foresight to preempt threats, and foster a cleaner, safer Earth for generations to come.

For Further Information:
Contact us for environment-friendly thermal imaging solutions:
Raytron Marketing Department
E-mail: sales@raytrontek.com
Website: https://en.raytrontek.com/

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SOURCE Raytron Technology Co., Ltd.

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