Plato/W3Networks
Tag: Competition
Report: With over $47 billion in ‘realized’ crypto gains, this nation leads the pack
The race for greater crypto adoption often leads to competition between so-called developed countries and developing countries. While economies in which crypto helps unbanked people often see high levels of adoption, residents in the Global North enjoy easier – and often, legal – access to crypto-based services. However, according to a study by Chainalysis, one […] Singapore-based FinTechs, TechCreate and Diginius, to Merge and Combine Together into an Integrated Fintech Enterprise, TechCreate Group; Focus on Powering the Future of Payments...
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As a trusted leader in digital solutions, TechCreate has been at the forefront of technology innovation and since its establishment, it has developed its own proprietary Real-Time Payment Engine (RTE) that can further enhance the payment capabilities of financial and banking institutions. Leveraging its technological expertise, legal experience and extensive operational track record, TechCreate has successfully enabled end-to-end digital solutions (such as payment gateways, API gateways and blockchain solutions, among others) for several banking and financial institutions in Asia.
With Diginius' strengths in intelligence and security for concrete cyber resilience, it has built a growing track record with a focus on delivering technology solutions related to cyber security, hyper-converged IT infrastructure and secure application services. Diginius also works with some of the industry's indisputable experts in cyber security and secured infrastructure services, combined with market-leading technologies to provide a springboard for the next phase of digital transformation.
The current CEO of TechCreate, Mr Lim Heng Hai, will be appointed as the Group CEO of TechCreate Group, while the current CEO of Diginius, Mr Ronald Vong, will be designated as the Managing Partner of TechCreate Group.
Strategic Rationale - Powering the Future of Payments in Asia
According to a Mckinsey report issued on November 2020, Asia has outpaced all other regions in terms of payments-revenue growth over the past several years. The region is also the largest contributor to global payments revenue, generating over US$900 billion in 2019, nearly half the global total. The Asia's payments industry is expected to return to mid-to-high single-digit growth rates and, by 2022 or 2023, generating more than US$1 trillion in annual revenue.
Notably, the COVID-19 pandemic has accelerated Asia's payments megatrends and chief among these was the rapidly expanding number of connected and digitally active consumers, with booming e-commerce markets reinforcing the need for digital solutions. The competitive landscape was simultaneously heating up, with the entry of formidable new players--including telecommunications firms, fintechs, "big techs," and other conglomerates--spurring incumbents to step up their own innovation efforts.
Meanwhile, regulators sought to standardise infrastructure while encouraging competition, fostering the introduction of real-time payments, digital know your customer (KYC), and various local payment schemes.
With a focus on powering the future of payments in Asia, TechCreate Group aims to provide cutting-edge innovation and technology capability to enhance value creation for its customers as follows:
- Expanded business scale with integrated solutions: Having the capabilities to provide more comprehensive and integrated technology solutions related to payment and digitalisation platforms to serve new and existing customers across Asia.
- Strong potential to create new customer value propositions: Ability to broaden its reach and serve diverse customer segments with differentiated requirements and objectives, thereby creating the opportunity and potential to develop proprietary insights and innovative solutions that are aligned with the new trends of payments and digitalisation in Asia.
Commenting on the merger, Mr Lim Heng Hai, Group CEO of TechCreate Group, said, "This is a transformational transaction for both companies, creating an enlarged company with end-to-end digital payment offerings in high-growth verticals as economies in Asia accelerate their digitisation roadmap.
With our combined capabilities, it amplifies our mission be a leading innovative, customer-centric and eco-friendly technology solution provider in Asia."
Mr Ronald Vong, Managing Partner of TechCreate Group, added, "We are confident that the strengths of the combined company will enable meaningful growth to stakeholders, delivering new value and insights to better serve our markets and customers.
At the same time, it can accelerate our growth and more effectively capitalise on our pipeline and broader market opportunities within the banking and financial industries in Asia."
For more information on TechCreate Group, please visit: http://www.techcreate.com.sg/
Issued on behalf of TechCreate Group by 8PR Asia Pte Ltd.
Media Contact:
Mr. Alex TAN
Mobile: +65 9451 5252
Email: alex.tan@8prasia.com
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comTechCreate Solutions Private Limited and Diginius Pte. Ltd. are pleased to announce a merger between both companies via a share swap transaction that will value the enlarged fintech enterprise, TechCreate Group, at USD$30 million.
EU Designates ESMA as Crypto Regulator of the Region in Latest MiCA Draft
The Parliament of the EU has designated ESMA, the European Securities and Markets Authority, the top cryptocurrency regulator of the region in the latest draft of MiCA, the Markets in Crypto Assets regulation. The European organization would have the task of licensing crypto-related institutions and exchanges, putting national regulators under its authority. ESMA Gets Crypto […] ASEAN to witness its largest Big Data Analytics Summit ever
Taking heed from these unprecedented developments and post-receiving phenomenal success in Africa, Tradepass is thrilled to host its flagship Big Data Analytics Summit, BYTES, in ASEAN virtually on 12 - 13 April 2022.
The summit will attract 1000+ Big Data Analytics professionals from the leading public and private organizations across ASEAN, along with 20+ best-in-class global solution providers and 30+ top speakers from the industry who will share the latest developments, case studies, use cases, best practices and many more.
In a statement issued, following their participation announcement, the Global Field CTO at Databricks, Chris D'Agostino expressed, "Only 13% of organizations are succeeding at their data and AI strategy yet the successful application of data and AI has never been a greater necessity for survival than now. Enterprises need a modern data and AI strategy that is open, simple, collaborative and empowers everyone across the organization to make faster, more informed decisions with a unified view of all their data."
Judy Nam (Principal Solutions Engineer Director, Dataiku) while confirming her participation as a speaker gave an insight on the growth of AI, "Developing an AI strategy for your business is becoming standard to keep up with the competition, but there are many challenges along the way. I'm excited to be sharing how organizations can enable everyday AI across business functions while growing the complexity and scale of AI models and projects."
Organizations like Databricks, Dataiku, Cloudera, Tech Data, BMC, Aerospike, Denodo, Snowflake and Fivetran have already confirmed their participation to lead the summit and showcase their latest solutions.
The virtual summit will power two knowledge-packed days filled with insightful presentations on the most pressing industry topics, deep dive panel discussions with the leading thought leaders, live showcase of the best solutions and many more.
Some of the confirmed speakers for the summit include Chris D'Agostino, Global Field CTO, Databricks; Judy Nam, Principal Solutions Engineer Director, Dataiku; Sam Majid, Chief Technology & Innovation Officer, Malaysian Communications & Multimedia Commission; Juan Kanggrawan, Head - Data Analytics & Digital Products, Jakarta Smart City; Abhishek Pratap Singh, Senior Vice President Engineering, DBS; Ram Kumar, Chief Data & Analytics Officer, Cigna; Varun Verma, APAC Head of Data & Analytics, The Heineken Company; Kirill Odintsov, Head of Data Science, Home Credit Indonesia; Akanksha Rastogi, Head of Data and Insights, Foodpanda - Thailand; John Daniel Funtanilla, Advanced Analytics Lead, Nestle Philippines; Nikola Sucevic, Senior Vice President - Advance Analytics, Smartfren and many others.
Another key speaker for the summit Sam Majid (Chief Technology & Innovation Officer, Malaysian Communications & Multimedia Commission) expressed his view on the industry, "To thrive in the digital economy, avant-garde organizations leverage on its leadership and widely accessible data to continuously deliver and delight citizens and customers."
Organizer and CEO of Tradepass, Sudhir Jena expressed, "With Southeast Asia rapidly adopting emerging technologies, Bytes 2022 - ASEAN will acknowledge the many intricacies concerning Big Data Analytics to empower the organizations with improved business function."
About Tradepass
Providing access to the global emerging markets, Tradepass brings together people, products and solutions to power events for unparalleled business and networking opportunities. Being the most accredited event company, it helps organizations: enter new markets, grow sales pipeline, close prospects, raise capital and identify the right solution-providers.
As a deal facilitator, Tradepass is always determined about exposing the most agile liquid growth markets, to enable all-round scalability and growth.
For more information about the event, log on to: https://asean.bytessummit.com/
Media contact:
Shrinkhal Sharad
PR & Communication Executive
shrinkhals@tradepassglobal.com
+ (91) 80 6166 4401
Tradepass
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comWith ASEAN's digital economy projected to hit $1 trillion by 2030, Big Data Analytics has emerged as the fastest growing market in the region.
WarSindia Announces Whitelist Competition Date
Sydney, Australia, Mar 25, 2022 - (ACN Newswire) - WarSindia, the first Esports-to-earn NFT game that combines real-time strategy, has announced dates for its highly coveted whitelist competition. Scheduled for 28th March 2022, the competition will run for 15 days until April 11th, 2022. The competition will give potential buyers early access to the pre-sale event of the WarSindia Arms Boxes.
The Arms Boxes contain valuable items that potential buyers can only get at the pre-sale event, not before or after.
WarSindia will give out thousands of dollars to people who participate in the whitelist competition as mentioned above. 5,000 USDT will go to the winners of this competition. 1 person will win 1,000 USDT, 4 persons will win 500 USDT each and 10 persons will win 200 USDT each.
WarSindia Gameplay
Built on the core principles of a profitable and genuinely successful game - exciting, engaging, varied, and rewarding - WarSindia is an NFT game that lets players collect Lands and Heroes to build air fortresses as they fight and defend the territorial borders of the Sindia continent. As a pacesetter in the NFT game space, WarSindia has introduced the concept of complete ownership of in-game assets.
Gamers can conveniently gather rare cards, build up fortresses, and sell cards to other players. WarSindia also allows gamers to build their defense towers. The goal of WarSindia is to combine Hero, Land, building, and air to deliver truly immersive and engaging gameplay that not only leaves players in awe but is easily accessible.
WarSindia will grant gamers exchangeable NFTs that can be traded for real money.
A team of creatives designed WarSindia. The esports NFT game shares some of the most remarkable features found in best-selling games like Minecraft, the difference being that the former is a blockchain-based NFT gaming platform.
Aimed at not only creating a unique and fulfilling gaming experience for players, WarSindia hopes to act as a driver for the growth of eSportsFi and GameFi, the emerging blockchain trend. WarSindia will attract teams of professional video gamers and will host global esports events with prize pools containing millions of dollars.
WarSindia adopts the "play more, earn more" technique to reward players for setting up air combat formations quickly. To get started, potential gamers would need to purchase Arms Boxes - a box that contains surprisingly unique ancient artifacts and tools that possess extraordinary powers. Winners of WhiteList Competition can buy the Arms Box Pre-Sale on the 15th of April 2022.
General Public Sale of The Arms Box Pre-Sale starts on the 16th of April, 2022.
Custom Map Editor
Players can build their own maps including characters and other interactive assets. Each map is then saved as an NFT and will be publicly available. When other players use the map, the map creator is rewarded. As an NFT, the map can also be sold, generating additional income to the player.
WarSindia introduces two concepts of NFTs - the game NFTs and the ones created by players using the system.
The WarSindia Team
WarSindia comprises highly experienced professionals who have worked in countless industries and have released varying formats of games. The production team has actively participated in the development of Headstone, Stone Age Mobile, God Eater, LOL, etc.
WarSindia is compatible with desktop and mobile devices. The team is currently building a multiple language feature that will allow players to engage, play against, and with other gamers from various parts of the world.
WarSindia is Beyond Simple! WarSindia comes from the people, for the people. To keep the influence of WarSindia, they will apply 90% game income for global promotion through WarSindia Metaverse and social media - creating and holding esports competitions with millions of dollars prize pools, publishing novels, and shooting TV series.
Join WarSindia and follow them in this GameFi and eSportFi journey.
About WarSindia
WarSindia is the first esports NFT game that combines real-time strategy to enable players to collect Lands and Heroes to build combat fortresses. A play-to-earn gaming platform, WarSindia will incentivize gamers. Additionally, unlike most NFT games, WarSindia allows players to completely own in-game assets, offering them the opportunity to exchange them for real money.
Social Contact
Twitter: https://twitter.com/WarSindia
Discord: https://discord.gg/WarSindia
Telegram: https://t.me/WarSindia
YouTube: https://youtube.com/channel/UCJPQUJ3yW9HJMp54aNNnnLg
Instagram: https://www.instagram.com/joinwarsindia/
Media Contact
Brand: WarSindia
Contact: Media team
Email: Join@WarSindia.com
Website: https://WarSindia.com
SOURCE: WarSindia
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com
WarSindia Announces Whitelist Competition Date
Sydney, Australia, Mar 25, 2022 - (ACN Newswire) - WarSindia, the first Esports-to-earn NFT game that combines real-time strategy, has announced dates for its highly coveted whitelist competition. Scheduled for 28th March 2022, the competition will run for 15 days until April 11th, 2022. The competition will give potential buyers early access to the pre-sale event of the WarSindia Arms Boxes.
The Arms Boxes contain valuable items that potential buyers can only get at the pre-sale event, not before or after.
WarSindia will give out thousands of dollars to people who participate in the whitelist competition as mentioned above. 5,000 USDT will go to the winners of this competition. 1 person will win 1,000 USDT, 4 persons will win 500 USDT each and 10 persons will win 200 USDT each.
WarSindia Gameplay
Built on the core principles of a profitable and genuinely successful game - exciting, engaging, varied, and rewarding - WarSindia is an NFT game that lets players collect Lands and Heroes to build air fortresses as they fight and defend the territorial borders of the Sindia continent. As a pacesetter in the NFT game space, WarSindia has introduced the concept of complete ownership of in-game assets.
Gamers can conveniently gather rare cards, build up fortresses, and sell cards to other players. WarSindia also allows gamers to build their defense towers. The goal of WarSindia is to combine Hero, Land, building, and air to deliver truly immersive and engaging gameplay that not only leaves players in awe but is easily accessible.
WarSindia will grant gamers exchangeable NFTs that can be traded for real money.
A team of creatives designed WarSindia. The esports NFT game shares some of the most remarkable features found in best-selling games like Minecraft, the difference being that the former is a blockchain-based NFT gaming platform.
Aimed at not only creating a unique and fulfilling gaming experience for players, WarSindia hopes to act as a driver for the growth of eSportsFi and GameFi, the emerging blockchain trend. WarSindia will attract teams of professional video gamers and will host global esports events with prize pools containing millions of dollars.
WarSindia adopts the "play more, earn more" technique to reward players for setting up air combat formations quickly. To get started, potential gamers would need to purchase Arms Boxes - a box that contains surprisingly unique ancient artifacts and tools that possess extraordinary powers. Winners of WhiteList Competition can buy the Arms Box Pre-Sale on the 15th of April 2022.
General Public Sale of The Arms Box Pre-Sale starts on the 16th of April, 2022.
Custom Map Editor
Players can build their own maps including characters and other interactive assets. Each map is then saved as an NFT and will be publicly available. When other players use the map, the map creator is rewarded. As an NFT, the map can also be sold, generating additional income to the player.
WarSindia introduces two concepts of NFTs - the game NFTs and the ones created by players using the system.
The WarSindia Team
WarSindia comprises highly experienced professionals who have worked in countless industries and have released varying formats of games. The production team has actively participated in the development of Headstone, Stone Age Mobile, God Eater, LOL, etc.
WarSindia is compatible with desktop and mobile devices. The team is currently building a multiple language feature that will allow players to engage, play against, and with other gamers from various parts of the world.
WarSindia is Beyond Simple! WarSindia comes from the people, for the people. To keep the influence of WarSindia, they will apply 90% game income for global promotion through WarSindia Metaverse and social media - creating and holding esports competitions with millions of dollars prize pools, publishing novels, and shooting TV series.
Join WarSindia and follow them in this GameFi and eSportFi journey.
About WarSindia
WarSindia is the first esports NFT game that combines real-time strategy to enable players to collect Lands and Heroes to build combat fortresses. A play-to-earn gaming platform, WarSindia will incentivize gamers. Additionally, unlike most NFT games, WarSindia allows players to completely own in-game assets, offering them the opportunity to exchange them for real money.
Social Contact
Twitter: https://twitter.com/WarSindia
Discord: https://discord.gg/WarSindia
Telegram: https://t.me/WarSindia
YouTube: https://youtube.com/channel/UCJPQUJ3yW9HJMp54aNNnnLg
Instagram: https://www.instagram.com/joinwarsindia/
Media Contact
Brand: WarSindia
Contact: Media team
Email: Join@WarSindia.com
Website: https://WarSindia.com
SOURCE: WarSindia
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com
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