Global Scams on the Rise: Over Half of Adults Worldwide Report Scam Encounters, 23% Lost Money ACN Newswire

Global Scams on the Rise: Over Half of Adults Worldwide Report Scam Encounters, 23% Lost Money

THE HAGUE, NETHERLANDS, Oct 7, 2025 - (ACN Newswire via SeaPRwire.com) - The Global Anti-Scam Alliance (GASA), in partnership with Feedzai, has released the Global State of Scams 2025 Report. Based on a survey of 46,000 adults across 42 markets, the report provides a comprehensive analysis of the prevalence, impact, and policy challenges of scams worldwide.GASA's Global State of ScamsIn the past 12 months, 57 percent of adults worldwide experienced a scam and 23 percent lost money. Shopping scams affected 54 percent of victims, while investment scams and unexpected money scams each impacted 48 percent. Scam encounters were most frequent in South America, Africa, and Oceania, where up to one in four adults lost money in the last year.The research also highlights the emotional toll of scams. 69 percent of victims reported (huge) stress as a result, while 17 percent reported a loss of confidence and 14 percent said scams created heightened tension within their family unit. Despite this, many scams remain unreported, with uncertainty over where to report being the main barrier.93% of adults globally claim to take at least one step to verify if an offer is legitimate or not. However, many often rely on methods that are less effective such as checking for spelling and grammar errors (27%); looking for reviews on the same website (24%) and checking if the company is on social media (21%).Despite nearly three quarters of adults globally feeling confident in their ability to recognise a scam, scams remain prevalent, with many scam victims losing money and a significant proportion never reporting their encounters.Jorij Abraham, Managing Director of GASA, comments: "We have a huge challenge, 73 percent of people worldwide feel confident they can recognize scams, however, nearly a quarter still lost money in the past year. Scams are not only draining finances but also eroding trust and creating significant stress within families. We are learning that scam awareness campaigns alone are not enough. We need to continuously educate consumers, build better solutions to recognize and block (AI) scams and work internationally closer to get to catch the scammers."Fraud isn't just about transactions anymore. It's about intent. Criminals are exploiting trust, behavior, and technology in real time. Stopping them takes more than spotting anomalies; it takes understanding human patterns. No single bank or payment provider can do that alone. The only way forward is collaboration across financial institutions and cybersecurity teams. That's how we protect consumers everywhere." adds Nuno Sebastião, CEO, FeedzaiThe Global State of Scams 2025 Report emphasizes that scams are no longer isolated crimes but a global threat to consumer safety, financial stability, and trust in digital economies. GASA and Feedzai call for stronger international collaboration, better scam prevention tools, and accountability across platforms, governments, and industries.The full report can be downloaded here: https://www.gasa.org/researchContact InformationMetje van der MeerMarketing Directormetje.vandermeer@gasa.orgSOURCE: Global Anti-Scam Alliance Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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VirPoint.com Launches AI-Enhanced Trading Expansion, Strengthening CFD Brokerage Across Europe ACN Newswire

VirPoint.com Launches AI-Enhanced Trading Expansion, Strengthening CFD Brokerage Across Europe

LONDON, Oct 7, 2025 - (ACN Newswire via SeaPRwire.com) - VirPoint.com today announced a major expansion of its CFD trading platform, unveiling a new AI-enhanced trading suite designed to empower both day traders and long-term investors across Europe. Building on its 2020 foundation, VirPoint is positioning itself as a trusted UK CFD broker that blends cutting-edge artificial intelligence with expert human guidance to deliver a secure, transparent, and data-driven trading experience.VirPoint.com, a leading CFD trading platform established in 2020, is redefining online trading by combining advanced AI technology with expert human guidance. By offering a secure, intuitive, and data-driven trading experience, VirPoint provides investors with the confidence to trade actively or manage long-term portfolios.At the core of VirPoint.com is its advanced multi-asset trading technology, recognized for flexibility, robust features, and seamless execution. This framework enables VirPoint Trading to offer access to a wide range of instruments, including equities, forex, indices, and commodities, all through a secure and user-friendly interface.VirPoint.com is designed for both day traders and long term investors who are seeking a trusted CFD Broker. By combining AI analytics with expert guidance, VirPoint provides both active trading opportunities and long-term investment strategies tailored to individual goals.VirPoint Trading: AI and Human Expertise CombinedVirPoint stands out by merging the analytical power of AI with the nuanced understanding of human trading experts. This dual approach allows the platform to analyze market trends, identify opportunities, and deliver personalized trading strategies for each investor.By offering both automated and human-guided trading, VirPoint.com caters to a diverse audience—from hands-off investors to active traders—ensuring every decision is data-driven, transparent, and secure.VirPoint UK Broker: A Trusted Partner for Long-Term InvestorsBeyond trading, VirPoint offers long-term investment options designed to build wealth over time. Using a combination of AI-driven analytics and expert asset selection, VirPoint Trading portfolios focus on equities, blockchain innovations, and emerging technologies.As a leading VirPoint CFD UK Broker, the company emphasizes transparency, responsible growth, and fair access to financial tools, earning a reputation as a trusted partner for investors seeking reliable market guidance.VirPoint.com Review: Looking AheadWith continuous innovation and expansion, VirPoint.com empowers traders and investors with advanced tools and actionable insights needed to succeed in today's dynamic financial markets. By integrating AI technology and human expertise, VirPoint is poised to transform the way individuals engage with CFD trading and long-term investments.Key Advantages:Advanced Trading Tools: AI-driven insights and real-time analytics.Trusted CFD Broker: Secure, transparent, and user-friendly.AI + Human Expertise: Balanced automation with expert guidance.Flexible Investments: Options for short-term trades and long-term portfolios.For more information or to start trading with VirPoint.com, visit https://virpoint.com.About VirPointVirPoint is a UK-based CFD trading platform founded in 2020, offering traders access to a wide range of instruments with precision, security, and expert guidance. By combining advanced technology with professional insights, VirPoint Trading delivers a comprehensive CFD experience for both novice and experienced market participants.Social Linkshttps://www.facebook.com/profile.php?id=61578768718123 https://www.linkedin.com/company/virpoint https://x.com/VirpointX Media contactVirPoint CommunicationsWebsite: https://virpoint.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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HotelRunner and Visa Partner Globally to Power Embedded and Autonomous Finance in Travel ACN Newswire

HotelRunner and Visa Partner Globally to Power Embedded and Autonomous Finance in Travel

LONDON, Oct 7, 2025 - (ACN Newswire via SeaPRwire.com) - HotelRunner, a leading travel and hospitality technology platform, and Visa, a global leader in digital payments, have announced a global strategic preferred partnership to empower businesses of all sizes across the travel and hospitality industry. The collaboration brings together Visa's trusted global infrastructure and secure cross-border payments capabilities with HotelRunner's deep presence and extensive reach in hospitality technology. Solving the "last-mile" challenge in tourism and democratizing financial access for small and medium-sized enterprises (SMEs) in emerging markets, HotelRunner is collaborating with Visa to provide robust technology infrastructure and B2B connectivity that enables accommodation providers, from boutique hotels in Morocco to guesthouses in Bali, to get paid quickly and securely across borders.By uniting their strengths, the two companies aim to accelerate economic growth across the global travel and hospitality ecosystem while delivering seamless, secure, and scalable financial solutions. This partnership sets the foundation for a new era of embedded finance with a specific focus on independent hotels by providing access to global payment rails."Travel runs on trust, and trust depends on secure, reliable infrastructure," said Ali Beklen, Founder and Managing Partner of HotelRunner. "By combining HotelRunner's global hospitality network with Visa's unmatched expertise, we are building the autonomous financial infrastructure of travel. This is not only about payments; it is about building the financial rails that will power the next decade of global tourism. We are reshaping the future of cross-border travel commerce, making it safer, smarter, and more inclusive for businesses worldwide."On this partnership, Arden Agopyan, Founder and Managing Partner of HotelRunner, said, "HotelRunner has spent more than a decade building the digital backbone of hospitality. For too long, small and independent accommodations and travel agencies have been excluded from global financial flows and the payments economy. Together with Visa, we're changing that. We're combining our reach and reliable platform with one of the world's most trusted networks to create a new standard for autonomous, secure, seamless, and scalable travel payments.""Our collaboration with HotelRunner demonstrates how together we can drive innovation across the B2B travel ecosystem. By combining Visa's trusted global payments network with HotelRunner's hospitality platform, we're enabling travel businesses to connect, transact, and grow more seamlessly and securely. Together, we're helping to unlock new opportunities, and strengthen the global travel ecosystem" Tania Platt, Global Head of B2B Travel, Visa.Operating globally, this collaboration will bring Visa and HotelRunner together with key travel companies in Europe, APAC, the Middle East, Africa, and beyond. This partnership is set to deliver innovative embedded and autonomous finance services supporting millions of travel businesses worldwide.Contact InformationSuheyla van TaarlingDirector of Marketing & Growthsuheyla@hotelrunner.comSOURCE: HotelRunner Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Catalyst Now’s Social Innovation House Brings SIH Talks to the UN General Assembly 2025 ACN Newswire

Catalyst Now’s Social Innovation House Brings SIH Talks to the UN General Assembly 2025

NEW YORK, NY, October 7, 2025 - (ACN Newswire via SeaPRwire.com) - Catalyst Now, a worldwide movement of social innovators spanning 156 countries and more than 6,170 members, today announced the launch of the Social Innovation House Talks (SIH Talks) at the United Nations General Assembly (UNGA) in New York.The purpose of SIH Talks is to lift up the experience of local changemakers, cultivate alliances across diverse communities, and strengthen bridges between civil society, philanthropy, business and government. The conversations will address urgent global priorities—from mental health and migration to sustainable industries and gender equality—linking local innovations with international decision-making.Co-created by Catalyst Now, the initiative in UNGA is powered by ecosystem partners including Echoing Green, General Atlantic Foundation, Greater than Equal, Myriad USA, Aid for Life, Caring for Colombia, Crisis Text Line, Ecoinno, East Side Institute, FIT, Pace University, Soydoy, Tinker Foundation, Crisis Text Line and the UN Sustainable Development Solutions Network.As part of SIH Talks, Catalyst Now unveiled its 2024 Collective Impact Report during the United Nations General Assembly. The report captures the collective progress of more than 6,170 members representing more than 4250 organizations and over 75 active collaborations across 156 countries, showcasing how grassroots innovations are achieving systemic transformation. Highlighting stories from local changemakers, data-driven results, and new multi-stakeholder partnerships, the report reflects the growing momentum of the movement."This year's report is a demonstration to the power of collaboration, it reveals how communities, social innovators, and partners are addressing root causes, shifting systems, and accelerating change at scale. That's why is crucial to share it at UNGA 2025 because this is more than a diplomatic gathering; it is an opportunity to place community voices at the center of global dialogue," said Gaby Arenas de Meneses, Co-Chief Facilitator of Catalyst Now. "By amplifying innovators' perspectives, mobilizing new models of collaboration, and advancing impact, SIH Talks are building the cross-sector approach that lasting change requires.""Social innovation flourishes when purpose meets power," said Cheryl Dorsey, President of Echoing Green. "SIH Talks creates a rare space where lived experience drives the agenda, ensuring that solutions shaped in communities have the reach and visibility to influence global policy.""The arrival of SIH Talks at UNGA signals a turning point," said Fredrik Galtung, Co-Chief Facilitator of Catalyst Now. "By bringing innovators to the center of the multilateral stage, we’re shifting from conversation to concrete action—and demonstrating that systemic solutions are already within reach."Catalyst Now will be hosting a series of events – you can find the full list here.About Social Innovation HouseLaunched in the heart of Davos’s Promenade in January 2025, the Social Innovation House has become a catalyst for global transformation—where groundbreaking solutions scale, visionary leaders find community, and world-changing ideas come to life. Throughout the week in Davos, we hosted 39 sessions with 149 speakers, engaging nearly 2,000 participants from around the world, including corporate leaders, social entrepreneurs, impact investors and policymakers.About Catalyst NowCatalyst Now is a dynamic global movement of social innovators transforming systems and driving sustainable change to advance the UN Sustainable Development Goals worldwideCo-founded in 2019 and launched at Davos 2020 by members of prestigious organizations including Ashoka, Echoing Green, the Schwab Foundation for Social Entrepreneurship, and the Skoll Foundation, the initiative was initially incubated by One Family Foundation with support from Panorama Global. It has since grown into an impactful network of more than 6,170 members dedicated to systemic transformation.Through bold collaborations across sectors, we connect, empower, and amplify local and regional initiatives, creating spaces where innovative solutions emerge and scale to address the world’s most pressing social challenges. By partnering with communities, governments, businesses, and funders, we implement sustainable solutions that create a more equitable and thriving future for all. Learn more and become a member.If you should have any questions or need to contact anyone in charge of the event please do not hesitate to contact:Catalyst Now SecretariatCorina Wallis New York, New YorkEmail: corina@catalystnow.net Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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CBI and Blockware strengthen their capital ties ACN Newswire

CBI and Blockware strengthen their capital ties

PARIS, October 6, 2025 - (ACN Newswire via SeaPRwire.com) - Crypto Blockchain Industries (CBI; Euronext Growth Paris: FR0014007LW0, ALCBI; OTCQB: CBIPF)) announces that it has been granted an option to purchase up to $10 million in convertible notes issued by Blockware Solutions, offering a 10% discount on the price of Blockware potential future initial public offering ("IPO"). A first tranche of USD 1,000,000 has already been raised and paid in CBI shares, which are only transferable on the OTCQB market up to a limit of 10% of the daily volume. CBI and Blockware aim to grow CBI's U.S. shareholder base, in which case CBI will exercise a phased share of the call option and increase its equity stake in Blockware.Blockware is a recognized player in the blockchain infrastructure and cryptocurrency mining industry. The company stands out for its ability to operate large-scale installations, provide state-of-the-art hosting services, and develop innovative technology solutions, making it a natural partner for CBI.CBI's mining activities recorded a return on investment of more than 40% in August 2025 thanks to this partnership.CBI has the option to acquire up to $10 million of convertible notes issued by Blockware. The convertible notes issued by Blockware have a maturity of two years and bear an interest rate of 5% per annum. They offer a 10% discount on the price of a potential future IPO and, if this IPO does not take place before maturity, the convertible notes are redeemed in cash. They also benefit from a liquidation preference in the event of an asset distribution or bankruptcy.This transaction paves the way for a strategic partnership to strengthen CBI's presence in the U.S. market and gradually increase its stake in Blockware.A first tranche of USD 1,000,000 has already been raised by CBI and paid for in shares, which can only be resold on the OTCQB market up to a limit of 10% of the trading volume.CBI and Blockware aim to develop the size and visibility of CBI's American shareholding, based in particular on the listing of the share on the OTCQB market, which is a privileged gateway for institutional and individual investors in the United States. The gradual increase in liquidity and trading volume in this market will broaden the investor base and strengthen CBI's reputation. CBI plans to gradually exercise its option to purchase convertible notes, within the limit of 10% of the trading volume of the OTCQB market.This mechanism is part of CBI's ACE (Acquire, Create, Earn) strategy, strengthening its ability to seize international growth opportunities and helping to position CBI as a leading player in the blockchain ecosystem, while maximizing its exposure to the US market.For the period ending September 30, 2025, CBI has invoiced consulting fees to Blockware solutions for an amount of $1 million, paid through the remittance by Blockware of a convertible note for that amount.DisclaimersThe completion of CBI's projects, as well as their operating budget and financing plan, remain fundamentally subject to major uncertainties, and failure to achieve the underlying assumptions may have a material and adverse impact on the value of CBI's assets and liabilities.In addition, investing in crypto-assets involves risks related in particular to their intrinsic volatility that could have an impact on CBI's financial performance. CBI considers it useful to remember that the past performance of crypto-assets is not a guarantee of future performance. A detailed description of the risks associated with an investment in CBI securities can be found in the Company's financial reports available on CBI's website.About Crypto Blockchain Industries SACrypto Blockchain Industries ("CBI") is a French company listed on Euronext Growth (compartment E2), whose objective is to build the largest possible portfolio of Bitcoins and other crypto-assets by buying them at a below-market price by applying the ACE strategy: ACQUIRE, the purchase mainly of Bitcoins on the market; CREATE, the creation of its own utility tokens in the field of the metaverse (AlphaVerse, Football at AlphaVerse) or that of digital assets backed by real goods (Gemplay, diamonds); EARN, the acquisition of Bitcoin at a reduced cost via mining operations, as part of a long-term strategic partnership with Blockchain Solutions, one of the first Bitcoin miners in the United States. To learn more, visit www.cbicorp.io and www.alphaverse.com.About BlockwareBlockware Solutions, LLC ("BWS") is an American company specializing in blockchain infrastructure and cryptocurrency mining services. Founded in 2017 and headquartered in Houston, Texas, Blockware Solutions provides comprehensive solutions, including mining hardware sales, secure data center hosting, and blockchain investment advisory services. The company also operates a large-scale network of mining farms and contributes to the decentralization of the Bitcoin network. Leveraging its technical expertise and commitment to transparency, Blockware helps individuals and institutions grow their digital asset businesses. For more information, visit www.blockwaresolutions.com.ContactsIssuer – CBIinfo@cbicorp.ioListing sponsor on Euronext – Atout Capitalinfo@atoutcapital.comOTCQB sponsor – Aldebaran Global Advisorshello@aldebaran-advisors.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Global Tech Pioneers CZ and Co-Founder of Shazam to Headline FinTech Forward 2025 in Bahrain ACN Newswire

Global Tech Pioneers CZ and Co-Founder of Shazam to Headline FinTech Forward 2025 in Bahrain

MANAMA, Bahrain, Oct 6, 2025 - (ACN Newswire via SeaPRwire.com) - FinTech Forward 2025 (FF25), the region's premier strategic financial technology event, today announced that two globally renowned innovators will headline this year's edition as title speakers: Changpeng Zhao (CZ), former CEO of Binance and Dhiraj Mukherjee, Cofounder of Shazam. Their participation reflects the flagship event's growing role as a global stage for innovation, convening leaders who have transformed industries and reshaped how millions around the world engage with technology and financial services.Zhao, widely recognised as CZ, is the founder and former CEO of Binance, the world's largest cryptocurrency exchange by trading volume. Under his leadership, Binance grew to serve more than 235 million users across 180 countries, offering access to over 350 digital assets. From its founding in 2017 to becoming a global leader in less than a decade, Binance's journey highlights both the scale and speed of transformation in financial technology. His insights will provide unique relevance to FF25's exploration of the future of money, markets, and global financial innovation.Mukherjee co-founded Shazam, the revolutionary app that revolutionised how people discover and connect with music. Launched in 2002, Shazam was among the first mobile applications to harness artificial intelligence at scale, ultimately achieving more than two billion downloads worldwide. The company was acquired by Apple in 2018. Mukherjee is now widely recognised as a thought leader on responsible innovation and the future of digital ecosystems. His career highlights the power of technology to shape human experiences, making his perspective particularly valuable to FF25's conversations on creativity, disruption, and impact.Their presence further strengthens the event's ability to convene diverse perspectives on the forces shaping the future of finance. Both will be speaking at fireside chats, CZ in a session titled "Crypto in transition: legitimacy, trust and the future of modern finance", and Dhiraj's fireside chat is set to tackle how to strategically plan for the long-term success and achieve durable, sustainable impact.Taking place on the 8th and 9th of October 2025 at Exhibition World Bahrain (EWB), FF25 is hosted by Bahrain Economic Development Board (Bahrain EDB), leveraging the Kingdom's position as a regional financial hub and gateway to the USD 2.15 trillion GCC market. Bahrain is recognised for its agile and forward-looking regulatory framework, pioneering initiatives in areas such as open banking, digital assets, and cloud adoption. Combined with a highly skilled bilingual workforce and advanced tech infrastructure, the Kingdom has become a launchpad for fintechs and international firms expanding into the Middle East.By welcoming visionaries such as CZ and Dhiraj Mukherjee, FinTech Forward 2025 reaffirms its status as the Middle East's leading fintech forum and highlights Bahrain's unique role as a hub for global business and a catalyst for the future of finance. For more information about FinTech Forward 2025 and to register, please click here.For more information, please contact:Abdulelah AbdullaCommunications DepartmentEconomic Development BoardPhone: +973-39798919E-mail: internationalmedia@bahrainedb.comSOURCE: Bahrain Economic Development Board Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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GMG Receives European Reach Registration and Launch of GMG SPRAY ACADEMY ACN Newswire

GMG Receives European Reach Registration and Launch of GMG SPRAY ACADEMY

Brisbane, Queensland, Australia--(ACN Newswire via SeaPRwire.com - October 6, 2025) - Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is proud to announce the following updates on THERMAL-XR®.GMG is pleased to announce it has received REACH registration in Europe – enabling THERMAL-XR® to be sold in Europe. Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) is the process mandated by the European Union (EU) regulation for companies manufacturing or importing chemical substances into the EU in quantities of one tonne or more per year.GMG is also very proud to launch its "GMG SPRAY ACADEMY" – which is a training program to enable more distributors and contractors around the world to understand how to clean, prepare and coat surfaces with GMG's patented graphene coating system – THERMAL-XR®. The training programs are conducted in person, online and eventually through video-training. Customers can receive the 5 year warranty for the THERMAL-XR® coating if the coating is provided by a trained and accredited technician. https://graphenemanufacturinggroup.arlo.co/w/.Figure 1: GMG PRODUCT RANGETo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/269248_0b4778627431e8dc_001full.jpgGMG's Managing Director and CEO, Craig Nicol, commented: "Another big step for GMG's commercialisation of its world leading products – really good to see!"GMG's Chairman and Non-Executive Director, Jack Perkowski, commented: "Congrats to the team – each step to commercialisation is important and demonstrates progress in the Company's transition to fully commercial operations."About GMG:GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.GMG's 4 critical business objectives are:Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking Statements This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the products being available for order or delivery to distributors around the world.Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that GMG will be able to take orders and deliveries to meet distributor demand around the worldwide. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation, that products may not be available for sales or delivery to meet customers' expectations.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269248 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Use of AI in cybersecurity surges in Singapore ACN Newswire

Use of AI in cybersecurity surges in Singapore

SINGAPORE, Oct 6, 2025 - (ACN Newswire via SeaPRwire.com) - Artificial Intelligence (AI) is no longer a futuristic concept in cybersecurity but is now the frontline. Fortinet, a global leader in cybersecurity, has unveiled findings from a 2025 IDC survey that show a dramatic surge in AI adoption across Singapore’s enterprises, with 82% of organisations already integrating AI into their security operations.The IDC study, commissioned by Fortinet, highlights how AI is now central to threat detection, incident response and even recruitment and investment strategies. As cyber threats grow more sophisticated, AI is being deployed not just to keep pace, but to get ahead.AI: A double-edged swordAI is transforming cybersecurity on both sides of the battlefield. While defenders use it to automate detection and scale threat intelligence, attackers are also leveraging AI to launch faster, stealthier and more adaptive campaigns.The survey found that some 56% of Singapore organisations encountered AI-powered threats in the past year. Among them, 52% saw a two-fold increase in threat volume, while 42% reported a three-fold surge. These attacks often exploit gaps in visibility and governance, making them harder to detect and contain.From detection to predictionAI’s role in cybersecurity is advancing rapidly. Beyond basic detection, organisations are now deploying AI for automated response, predictive threat modelling and behavioural analytics.Generative AI (GenAI) is gaining traction for tasks like updating rules, detecting social engineering, and guiding investigations. However, trust in full autonomy remains low. Auto-remediation is still rare, indicating that most teams are in the “co-pilot” phase of AI adoption.Building AI-first teamsThe rise of AI is reshaping the cybersecurity workforce. The top five roles in demand across Singapore include security data scientists, AI security engineers and AI-specific incident response professionals.Organisations are no longer just buying AI tools but building teams around them. This reflects a broader trend of aligning talent with technology to stay ahead of evolving threats.Strategic spending and smarter investmentsCybersecurity budgets are increasing, but cautiously. While 86% of organisations reported budget growth, 68% saw increases of less than 5%.Spending is being directed toward high-impact areas like identity security, Zero Trust frameworks, and cloud-native protection. This marks a shift from infrastructure-heavy investments to more targeted, risk-centric strategies.Understaffed and overwhelmedDespite growing executive attention, many cybersecurity teams remain stretched thin. Only 6% of the total workforce is allocated to internal IT, and just 13% of that focuses on cybersecurity. Less than 15% of organisations have a dedicated Chief Information Security Officer (CISO), and only 6% have purpose-built threat hunting teams.This lack of specialisation is contributing to burnout and reduced effectiveness.Convergence and consolidation take centre stageTo combat complexity, organisations are embracing unified cybersecurity frameworks. A staggering 96% are either converging security and networking or actively evaluating it. Additionally, 70% are considering vendor consolidation – not just for cost savings, but for better integration, faster support and improved security posture.Simon Piff, Research Vice-President at IDC Asia-Pacific, noted: “Organisations are no longer experimenting with AI, they are embedding it across threat detection, incident response and team design. This signals a new era of security operations that is smarter, faster and more adaptive to the evolving risk landscape. AI is fundamentally reshaping how threats are identified, prioritised and acted upon. This evolution demands a parallel shift in strategy and talent.”Jess Ng, Country Manager, Singapore and Brunei, Fortinet, added: “CISOs across Singapore are entering a more advanced phase of cybersecurity planning – one where AI is not just augmenting defences but influencing how organisations structure teams, allocate budgets and prioritise threats. At Fortinet, we are helping customers embrace this shift by embedding AI across the platform, enabling faster detection, smarter responses, and more resilient operations as cyber risks become more complex and distributed.”About FortinetFortinet is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet's solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams (“CERTS”), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.Media Contact:Leonard Lowleonard.low@priorityconsultants.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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uSmart Securities Initiates Coverage on Sunrise New Energy (EPOW.US) with a “Recommended” Rating and $10.07 Price Target ACN Newswire

uSmart Securities Initiates Coverage on Sunrise New Energy (EPOW.US) with a “Recommended” Rating and $10.07 Price Target

HONG KONG, Oct 3, 2025 - (ACN Newswire via SeaPRwire.com) - Recently, uSmart Securities released a research report initiating coverage on Sunrise New Energy (EPOW.US), assigning a "Recommended" rating with a price target of $10.07. The report points out that the company's current market capitalization is significantly below its intrinsic value and industrial potential, presenting notable long-term investment value.Sunrise New Energy is a globally leading anode material producer, serving several top-tier battery manufacturers in China. Amid intense industry competition, the company has successfully achieved cost reduction and efficiency improvement by continuously optimizing core production processes such as graphitization, significantly enhancing automation levels, and strengthening supply chain management. According to the report, the company achieved profitability between July and August 2025, charting a path of profit growth and sustainable development.Having been listed for over four years, the company has invested more than $200 million in physical assets. Its core asset, the Guizhou Xingyi plant, covers 610 acres, is recorded as fixed assets, and has accumulated approximately $100 million in external financing. However, as of September 30, 2025, the company's total market capitalization was less than $40 million, creating a stark contrast with its actual investments and asset value. Real-time monitoring from its official website shows that the plant is operating at full capacity with three shifts working around the clock. uSmart Securities believes the company's reasonable market capitalization should be in the range of $300 to $500 million, indicating that the current stock price is severely undervalued and possesses substantial long-term upside potential.Sunrise New Energy is recognized as a "Provincial-Level Specialized, Refined, Distinctive, and Innovative 'Little Giant' Enterprise" and continuously receives special funds from national and provincial levels. The company has deep expertise in cutting-edge anode material technologies such as silicon-carbon (used in lithium-ion solid-state batteries) and hard carbon (used in sodium-ion batteries). In addition to holding nearly a hundred patents domestically and in Japan and South Korea, the company recently obtained a U.S. patent for anode material preparation methods specifically for lithium-ion batteries and AI data center energy storage batteries, marking progressive improvement in its global patent layout. The company plans to establish an anode material plant in Texas, USA, in 2026 and is actively advancing specific tasks such as environmental impact assessments and talent recruitment, taking a critical step in its global strategy.The U.S. Inflation Reduction Act is accelerating the construction of the local battery industry chain, and giants like ExxonMobil have announced massive investment plans, providing excellent overseas expansion opportunities for Chinese industrial chain enterprises with technological advantages. Mr. Hu Haiping, the founder of Sunrise New Energy, is a leading figure in China's lithium battery material industry. As a co-founder of Shanshan Technology, he played a key role in growing the enterprise into a trillion-yuan market cap giant, possessing profound industrial background, international vision, and strategic execution capabilities. Under his leadership, Sunrise New Energy is committed to the R&D and industrialization of next-generation battery materials.According to research, Mr. Hu Haiping has made multiple trips to the United States for in-depth cooperation discussions with top investment institutions such as Blackstone and Goldman Sachs, as well as leading local new energy enterprises. Upon the establishment of the U.S. plant, the company is expected to quickly secure orders and achieve localized delivery. Its planned lithium battery pack production capacity is projected to exceed 1GW by the end of 2027. In the future, the company also plans to replicate its successful model in markets such as Malaysia and Europe, demonstrating broad development prospects. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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VirPoint.com Unveils 2023 Financial Results and Launches AI Trading Suite at London Investor Summit ACN Newswire

VirPoint.com Unveils 2023 Financial Results and Launches AI Trading Suite at London Investor Summit

LONDON, Oct 3, 2025 - (ACN Newswire via SeaPRwire.com) - VirPoint.com, a premier CFD trading platform established in 2020, has launched its enhanced AI-powered trading suite at the London Investor Summit. This next-generation platform integrates advanced artificial intelligence with seasoned human expertise, offering traders a seamless and intuitive trading experience.The new suite provides access to a diverse range of financial instruments, including equities, forex, indices, and commodities. With real-time analytics, advanced risk management tools, and a user-friendly interface, VirPoint Trading caters to both novice and experienced investors.VirPoint Performance Highlights for 20231. Revenue Growth and Financial StabilityAnnual Revenue: In 2023, VirPoint.com achieved a remarkable annual revenue increase of 18%, reflecting strong market demand for its multi-asset trading platform and the effectiveness of its AI-enhanced trading services. This growth demonstrates that investors are increasingly confident in VirPoint as a reliable and innovative CFD broker.Net Operating Income: The company's net operating income rose by 12% in 2023, reaching a record £32 million, showcasing sustainable profitability while continuing to invest in platform improvements, advanced AI technology, and client support services. This financial stability ensures that VirPoint clients can trade knowing they are supported by a strong, well-managed organization.2. Client Engagement and GrowthActive Clients: Active users on VirPoint.com increased by 15% year-over-year, reflecting high levels of client satisfaction and trust in the platform's services. Both novice and experienced traders are leveraging VirPoint's combination of AI insights and expert guidance for smarter investment decisions.Trading Volume: The platform's total trading volume exceeded $250 million per month in 2023, reflecting strong engagement from its 30,000 clients. This level of activity demonstrates VirPoint.com's ability to provide a reliable and active trading environment, where both new and experienced investors can execute diverse strategies across multiple asset classes, including equities, forex, commodities, indices, and cryptocurrencies.3. Platform Performance and ReliabilityUptime Percentage: VirPoint Trading maintained a platform uptime of 99.98%, ensuring uninterrupted access for clients to trade equities, forex, commodities, indices, and crypto CFDs.Execution Speed: Average trade execution time was under 90 milliseconds, allowing traders to capitalize on market opportunities quickly and efficiently. These technological standards reflect VirPoints commitment to reliability, speed, and operational excellence.4. Client Portfolio PerformanceAverage Return on Investment (ROI): Clients utilizing VirPoint Trading's AI-driven portfolios achieved an average annual ROI of 12%, exceeding typical industry benchmarks for similar CFD portfolios. This demonstrates the platform's ability to deliver consistent, profitable results by combining artificial intelligence insights with human expertise.Asset Class Performance:Forex: Average returns of 7–8%, reflecting strong market positioning and AI-assisted trend analysis.Commodities (Gold, Oil, Silver): Average gains of 9–10%, outperforming traditional commodity indices.Equities: Average portfolio returns of 8%, including top-performing European and UK stocks.Cryptocurrencies (BTC, ETH, select altcoins): Returns up to 14%, showing the platform's effective risk management and innovative AI trading strategies.Indices CFDs: Average growth of 7.5%, allowing clients to benefit from global market exposure.By diversifying across multiple asset classes and leveraging a hybrid AI + human strategy, VirPoint ensures clients can achieve stable returns while managing risk. The platform's sophisticated tools, real-time analytics, and expert guidance empower investors to make informed decisions and optimize performance across their portfolios. For more information visit: https://virpoint.com/about-usElite Club and High-Net-Worth Investment OpportunitiesVirPoint.com goes beyond being a trading platform by introducing the Elite Club, where high-net-worth investors enjoy unparalleled access and personalized service. This exclusive community offers a suite of world-class services and aligns with VirPoint's commitment to creating sustainable, long-term growth through corporate responsibility initiatives.Looking AheadWith continuous innovation and expansion, VirPoint.com empowers traders and investors with advanced tools and actionable insights needed to succeed in today's dynamic financial markets. By integrating AI technology and human expertise, VirPoint is poised to transform the way individuals engage with CFD trading and long-term investments.For more information or to start trading with VirPoint.com, visit https://virpoint.com.About VirPointVirPoint is a UK-based CFD trading platform founded in 2020, offering traders access to a wide range of instruments with precision, security, and expert guidance. By combining advanced technology with professional insights, VirPoint Trading delivers a comprehensive CFD experience for both novice and experienced market participants.Social Linkshttps://www.facebook.com/profile.php?id=61578768718123https://www.linkedin.com/company/virpointhttps://x.com/VirpointXMedia ContactVirPoint Communications TeamWebsite: https://virpoint.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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3D printed homes to unlock affordable living thanks to Japan-Queensland deal ACN Newswire

3D printed homes to unlock affordable living thanks to Japan-Queensland deal

- Serendix and Planum Partners sign MoU to deliver fast, affordable 3D printed homes in Queensland.- Demonstration project and feasibility study to be conducted in partnership with the Queensland Government.- The technology offers a scalable solution to Australia’s housing affordability and supply challenges.- Initiative supports regional development and positions Queensland as a national leader in housing innovation.OSAKA / BRISBANE, AU, Oct 3, 2025 - (ACN Newswire via SeaPRwire.com) - Japanese tech innovator Serendix Inc. and Australian advisory firm Planum Partners have signed a strategic Memorandum of Understanding (MoU) to introduce cutting-edge 3D printed housing technology to Australia, beginning with a demonstration project in Queensland.The signing took place at the Australia Pavilion at World Expo 2025 in Osaka, witnessed by Tak Adachi, Queensland’s Senior Trade and Investment Commissioner for North Asia.The partnership was facilitated by Trade and Investment Queensland (TIQ).Tak Adachi, Senior Trade and Investment Commissioner, North Asia said the partnership showcases Queensland’s commitment to embracing transformative technologies.“This alliance is a bold step toward delivering faster, more affordable homes—especially for our regional communities—and it shows the world that Queensland is open for smart, scalable investment,” said Mr Adachi.“3D printed homes can be built in under 24 hours, dramatically reducing construction time and costs.“By aligning Japan’s innovation in 3D printing with Queensland’s housing goals, we’re opening doors to scalable solutions and long-term international collaboration,” said Mr Adachi.The collaboration aims to revolutionise the construction industry by delivering affordable, sustainable, and rapidly deployable housing solutions using Serendix’s proprietary 3D printing technology.The MoU outlines a joint commitment to work with the Queensland Government to build a demonstration home and conduct a feasibility study on the suitability of Serendix’s products to suit local conditions.“Serendix is keen to work with the Queensland Government going forward and to meet the expected strong demand for 3D printed housing with a local facility in the future,” said the CEO of Serendix, Hiroyasu Koma.“We are very excited about the potential to contribute to Queensland and Australia sustainable and affordable housing sector.”Following the demonstration phase, Planum Partners will support Serendix in exploring broader expansion across Queensland, with a focus on regional development and housing innovation."The signing marks a defining moment in Queensland’s innovation journey throughout World Expo 2025 Osaka, showcasing a bold commitment to advancing global partnerships and promoting investment opportunities across the entire Expo program," Mr Adachi concluded.TIQ approached Serendix upon discovering their plan to host a 3D printed housing demonstration at Expo 2025 capturing global attention and setting the stage for this groundbreaking collaboration.Serendix - https://serendix.com Planum Partners - https://www.planumpartners.com Trade + Investment Queensland |TIQ - https://tiq.qld.gov.auMedia contact:Anita DuffinPrincipal Communications Officer Expo 2025Trade and Investment Queensland (TIQ)T: +61 484 369 222E: tiqmedia@tiq.qld.gov.auU: https://tiq.qld.gov.auPhotos:1. https://www.dropbox.com/scl/fo/3vwpxt50tkrczo0ffr304/AOQ4rxWkXPQACk4-OIPpeGU?rlkey=kztpv0k00fjln77jcgqsaxove&st=j3ocwk4p&dl=02. https://www.dropbox.com/scl/fo/3vwpxt50tkrczo0ffr304/AOQ4rxWkXPQACk4-OIPpeGU?rlkey=kztpv0k00fjln77jcgqsaxove&st=j3ocwk4p&dl=0 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Nomad eSIM x beIN SPORTS: Connecting Fans during Race Weekend ACN Newswire

Nomad eSIM x beIN SPORTS: Connecting Fans during Race Weekend

SINGAPORE, Oct 3, 2025 - (ACN Newswire via SeaPRwire.com) - From October 3–5, the Singapore Grand Prix will light up Marina Bay once again. This year, Nomad eSIM has partnered with beIN SPORTS, the official broadcaster of Formula 1™, to bring fans a different perspective on the race weekend.Our mission has always been to empower every traveler with seamless, affordable and secure connectivity, making every journey stress-free and full of unforgettable experiences. Extending this mission into the world of sports, our partnership seeks to ensure fans and athletes can stay connected throughout the race weekend and focus on the moments that matter the most.A Story Beyond the TrackAs part of beIN SPORTS’s original series Off The Grid, Nomad eSIM is featured in a special segment called The Fan Connection.The episode follows Liam Bushrod, a passionate F1 superfan who is planning to cycle to every circuit on the calendar. From the roads of Australia to the night lights of Singapore, Liam’s journey shows what it really means to live and breathe motorsport.With Nomad eSIM keeping him connected across borders, Liam is able to share his experiences in real-time from video calls with family to uploading content on the go and navigating each new city.His ride into Singapore highlights the power of connectivity to bring fans, family, and communities closer together.What Fans Can ExpectThe collaboration with beIN SPORTS brings Liam’s story to life, taking you alongside him as he follows his passion, tackles challenges, and creates unforgettable memories. With Nomad eSIM keeping him connected throughout, his adventure comes to life in the moment as if you’re experiencing it right there with him.His story unfolds in a 4–5 minute feature on Off The Grid, complemented by cut-down edits and social-first reels shared across beIN SPORTS’ broadcast, streaming app, and social channels. Fans can go even deeper with exclusive behind-the-scenes content, interactive Q&As, and digital highlights that capture the spirit of the journey.Beyond the race itself, viewers also get to share in the small human details: the gear he packs, the little discoveries along the way, and the candid moments that reveal the true heart of his adventure.For Nomad eSIM, this collaboration is about celebrating global communities and being there for fans wherever they are.“We believe in powering freedom without limits and staying connected wherever your journey takes you. Partnering with beIN SPORTS, the official broadcaster of F1 is an exciting opportunity for us to connect with fans everywhere and engage with communities that, like us, thrive on speed, innovation, and living at the cutting edge.”— General Manager of Nomad eSIM, Shern NgWatch the SegmentThe Fan Connection premiered on October 3 as part of Off The Grid and continues across beIN SPORTS channels and social platforms.Watch the segment hereFor visitors in Singapore this weekend, we’re offering a 20% limited-time only cart discount on Nomad eSIM plans all around Asia (*T&Cs apply)—simply use the code RACE20 during your purchase to stay connected and enjoy the action, on and off the track.”*The promo code is available for redemption till 14 Oct 2025 PST for Nomad eSIM plans anywhere in Asia. For 3GB and above only. Upon purchase, users are to install and activate the eSIM within 60 days. Applicable for on-sale plans as well. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Transnusa Launches Maiden Flight From Manado to Shenzhen ACN Newswire

Transnusa Launches Maiden Flight From Manado to Shenzhen

TransNusa Focuses on Strengthening Network Connectivity Between Secondary Tourism-Based Markets- PT TransNusa Aviation Mandiri launches two international routes within a month- TransNusa aims to strengthen its network connectivity between Indonesia and China- TransNusa continuously expands international route and starts strengthening Manado base in IndonesiaJAKARTA, INDONESIA, Oct 3, 2025 - (ACN Newswire via SeaPRwire.com) - FOCUSING on building network connectivity between Indonesia and China, TransNusa launched its maiden flight from Manado to Shenzhen yesterday. This announcement was made less than a month after TransNusa launched its maiden flight from Manado to Shanghai.The Manado and Shenzhen as well as Manado and Shanghai scheduled commercial routes were launched on 2 October and 8 September, respectively.TransNusa Group Chief Executive Officer, Datuk Bernard Francis said TransNusa aims is to strengthen its network connectivity between Indonesia and China’s secondary tourism-based markets.“Our main priority and focus is to offer additional options for passengers while providing seamless, secure and fast travels,” Datuk Francis said, adding that TransNusa will also provide its passengers with options to visit other major tourist destinations from Manado, such as Bali, also known as Indonesia’s Island of Gods.MANADO…Known as a diving haven with beautiful mountainous countryside, glorious beachside, and picturesque islands, among othersDetails of the Scheduled FlightTransNusa will be operating three flights a week from Manado’s Sam Ratulangi International Airport to Shenzhen Bao’an International Airport. The TransNusa flight, 8B 175, will depart Manado at 21.10pm and arrive at the Shenzhen Bao’an International Airport at 01.00am while TransNusa flight, 8B 176, will depart Shenzhen Bao’an International Airport at 02.00am and arrive in Manado at 05.50am.TransNusa, which will be utilising its C909 jet airliner for this newly launched international route, will be operating the Manado-Shenzhen route three times weekly. The Manado-Shenzhen route scheduled commercial flights are on Tuesday, Thursday and Saturday while the Shenzhen-Manado route scheduled commercial flights will be on Wednesday, Friday and Sunday.TransNusa’s scheduled Manado-Shenzhen flight ticket price starts from as low as IDR3.499.000, CNY1.525 and USD226. TransNusa tickets are available for purchase at transnusa.co.id and all other main online travel agent platforms worldwide.Future PlansOn its plans for new routes, Datuk Bernard said that TransNusa has plans to introduce, at least, one new international route before the end of this year.“We hope to launch an additional new scheduled international route and increase, at least, one more international scheduled route frequency before the end of 2025,” Datuk Bernard explained.Datuk Bernard Francis…TransNusa to introduce one more scheduled international flight by end of the yearBrief History On TransNusaTransNusa, which had to close business due to the Covid-19 pandemic was injected with new shareholders and management team in 2022. The airline opened its doors for business in October and within six months, in April 2023, launched its first international flight from Jakarta to Kuala Lumpur, Malaysia.After which, under the new leadership of Datuk Francis, and the new management team, the airline successfully launched three more new international routes by the end of 2023. In 2024, the airline continued growing its international and domestic route and at the same time recording historical firsts that also became a significant industry first for the Indonesian aviation industry. Since April 2023, TransNusa has been making headlines in Malaysia, Singapore, China, West Australia and around the world with news of being the first airline in Indonesia and the world to develop and introduce a new domestic route connecting Bali and diving haven, Manado. TransNusa also became the second Indonesian airline to receive approval to fly to China and provided Indonesians with more pricing and route options to China.TransNusa’s aggressive international growth strategy combined with its domestic business operations approach has enabled the airline to be the fastest growing airline in South East Asia.About TransNusaTransNusa Airline, is a Premium Service Carrier. After the take-over, in February 2024, the airline rebranded itself from being a Low-Cost Carrier to a Premium Service Carrier in line with its upgraded aircrafts that offers better comfort as well as based on the flexibility and quality of the services offered.TransNusa, which received its AOC certification on 9th September 2022, launch its first three A320 operations on 6th October, 14th October and 12th December, 2022. In 2023, TransNusa introduced a new business model making it the first Premium Service Carrier in the Asia Pacific region. TransNusa introduced its first international flight on 14th April, 2023. The airline currently has bases in Jakarta, Bali and Manado.The airline currently flies from Jakarta to Yogyakarta, Bali, Kuala Lumpur, Malaysia, Subang, Malaysia and Guangzhou, China. It also flies from Bali to Perth, Guangzhou, Jakarta and Manado. TransNusa will be launching its scheduled Bali to Perth route on March 20th and its Bali to Guangzhou route on April13th.TransNusa made history when it became the second Indonesian airline to fly to China and the first Indonesian airline to launch a Premium Service Carrier business model.Passengers can book their flights on the TransNusa website (www.transnusa.co.id), through authorized travel agents in West Australia, Singapore, and Indonesia, or by contacting the airline's customer service centre at, +62216310888. For the Singapore market, passengers can contact TransNusa’s General Sales Agent, Chariot Travels Pte Ltd, at +65 86602719 for assistance.TransNusa’s Primary Media Contact:Trina Thomas Rajtrina@myqaseh.org +60124992672 (watsapp) Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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OMP Unveils UnisonIQ: the AI Breakthrough Transforming Supply Chain Decision-Making ACN Newswire

OMP Unveils UnisonIQ: the AI Breakthrough Transforming Supply Chain Decision-Making

ANTWERPEN, BELGIUM, Oct 2, 2025 - (ACN Newswire via SeaPRwire.com) - OMP, a global leader in supply chain planning solutions, today announced the availability of UnisonIQ, a game-changing AI orchestration framework that transforms supply chain decision-making through human-AI synergy. Embedded within OMP's Unison Planning™ platform, UnisonIQ delivers insightful always-on agents that leverage Unison Companion, a generative AI-based assistant, and market-leading AI engines.UnisonIQBridging four decades of supply chain innovation with the agentic ageAs supply chains face unprecedented complexity and volatility, organizations need more than traditional planning tools - they need intelligent systems that can adapt, learn, and act autonomously. Gartner predicts that by 2030, 50% of cross-functional supply chain management (SCM) solutions will use intelligent agents to autonomously execute decisions in the ecosystem.With UnisonIQ, industry leaders can orchestrate decision-centric planning across their global supply chains. This framework meets manufacturers as they progress on their transformation journey, enabling a seamless evolution from AI-assisted operations to agentic teamwork and ultimately to fully autonomous planning. This new era of human-AI synergy empowers planners to harmonize end-to-end supply chains with unprecedented alignment, agility, and excellence - even amid constant disruption.By enabling autonomous planning with full transparency, UnisonIQ demonstrates how autonomous and agentic AI are transforming the future of touchless decision-making and helping organizations build resilience in an era of relentless market volatility."This is an evolution grounded in reality, not just buzzwords, designed to provide incremental value and drive business adoption," said Andrew Byer, supply chain advisor. "With UnisonIQ, organizations can now move beyond reactive planning to truly proactive, autonomous decision-making."Three pillars of UnisonIQ1. Always-on agents: delivering real-world AI successUnisonIQ introduces a new paradigm in supply chain management through decision-centric, event-driven agents that go beyond technology to offer a strategic platform for business resilience and growth. Building on forty years of supply chain innovation and expertise, and collaborating with innovation partners for validation and refinement, UnisonIQ delivers a robust framework for autonomous planning.Its agentic architecture includes a diverse range of persona-based agents equipped with AI skills, including optimization, scenario management, and data management, transforming key decisions into plans and continuously learning from sensing and user direction:Supply planning agent: Constantly optimizes production and distribution decisionsScenario planning agent: Simulates complex scenarios for proactive planningDemand planning agent: Anticipates market changes and optimizes forecasting processesData management agent: Ensures data quality and consistency across all planning systems"At Zero100 Live 2025, we saw firsthand how decision-centric planning powered by agentic AI is no longer a future vision; it's happening now," says Philip Vervloesem, Chief Commercial Officer. "UnisonIQ brings together decades of supply chain expertise with cutting-edge AI to help planners move from reactive responses to confident, autonomous decisions."2. Unison Companion: driving collaboration and adoptionWhile Unison Planning's AI-powered approach proactively optimizes supply chain operations, Unison Companion, its generative AI assistant, enhances user adoption and collaboration to unlock the platform's full value. Designed to support a wide range of users, Unison Companion leverages natural language capabilities to accelerate onboarding and increase platform utilization.Recognizing that different users have different needs, Unison Companion speaks the language of business, tailored to each role - whether it's a data architect seeking better master data quality, a business leader influencing S&OP scenarios, or a salesperson simply asking when an order will be delivered. This personalized, AI-driven support ensures every user can obtain maximum value from the platform, regardless of their technical expertise.3. AI engines: solving complex problems with predictive and prescriptive intelligenceUnisonIQ integrates a sophisticated suite of AI engines designed to support autonomous, decision-centric supply chain planning. Powered by the always-on agents, these engines combine classical optimization techniques, advanced machine learning (ML), and explainable AI (XAI) to deliver agility, transparency, and strategic insight across the entire planning process.Using telescopic digital twins in combination with advanced optimization and ML, these engines allow companies to simulate, explore, and optimize supply chains while accounting for real-world constraints. The result: smarter, more agile decisions and stronger performance across service, inventory, cost, and ESG metrics - with full understanding of how every decision is made and executed.Discover more AI innovations, case studies and analyst insights.Experience UnisonIQ in actionJoin us at the OMP REAL Conference 2025, November 18-19 in Miami, to see UnisonIQ in action. Hear from global leaders, including AstraZeneca, Beiersdorf, Eastman, Kraft Heinz, Land O'Lakes, and Visy, as they share how Unison Planning™ helps them scale innovation, build sustainable supply chains, and drive resilience.About OMPOMP helps companies facing complex planning challenges to excel, grow and thrive by offering the best digitized supply chain planning solution on the market. Hundreds of customers in a wide range of industries - spanning consumer goods, life sciences, chemicals, metals, paper, packaging, plastics - benefit from using OMP's unique Unison Planning™.Contact InformationPhilip VervloesemChief Commercial & Markets Officerpvervloesem@omp.com+1-770-956-2723Tom WoutersChief Product Officertwouters@omp.comSOURCE: OMP Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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IFBH Accelerates Into Functional Beverages, Launching Its Second Growth Curve ACN Newswire

IFBH Accelerates Into Functional Beverages, Launching Its Second Growth Curve

HONG KONG, Oct 2, 2025 - (ACN Newswire via SeaPRwire.com) – For a beverage company, the challenge of maintaining core category strengths while simultaneously exploring new growth avenues is a long-term issue. IFBH Limited (“IFBH”, 6603.HK) has its own solution. Recently, INNOCOCO under lFBH Limited officially launched two major new products, i.e. INNOCOCO electrolyte water, and simultaneously announced Teens in Times (TNT, a wildly popular boy group in Asia) as its first-ever Asia-Pacific Brand Ambassador. This initiative not only delivers IFBH’s profound insights into “healthy beverage” market, but also represents a forward-looking planning decided by its management team led by the CEO, Mr. Pongsakorn Pongsak, in response to the market trend. From the absolute leader in the coconut water market to a new entrant in the functional beverage market, IFBH is exploring a higher growth ceiling for itself.Investing in the functional beverage to usher in a new growth cycleCurrently, benefiting from its precise grasp of consumers’ demands, the functional beverage is expanding into a new market at the pace of materially exceeding than that of traditional categories. According to CIC (China Insights Industry Consultancy Limited), the market size of functional beverage in Greater China is expected to be US$20.3 billion in 2025 and to increase to US$27 billion in 2029, with a compound annual growth rate of 7.5%. IFBH, which has consistently ranked first in mainland China and second globally in the coconut water market for many consecutive years, is now expanding into the functional beverage market with the launch of INNOCOCO electrolyte water. This move is not only a natural strategic progression but also a way to leverage its mature supply chain, brand strength, and channel resources to preemptively secure future growth opportunities. Unlike traditional hydration beverages on the market, the new INNOCOCO electrolyte water emphasizes a dual “Natural + Functional” attribute. It retains real coconut water ingredients, reinforcing the brand’s “natural and healthy” user perception, while its “Double Electrolytes + B Vitamins” formula expands the consumption scenario from simple thirst-quenching to high-frequency occasions like post-exercise recovery and enhanced focus during study or work. This strategically targets the consumption upgrade demands of both Gen Z and urban white-collar professionals. This user-centric product extension not only reduces market education costs for the new product but also enables rapid conversion leveraging the existing customer base, injecting new momentum into revenue growth. Regarding this, Mr. Pongsakorn Pongsak, CEO of IFBH Limited (the manufacturer and distributor of the INNOCOCO brand), said, “This is more than just a new product launch; it’s a brand refresh. It signifies our evolution from a trusted coconut water brand into a thoughtful companion for today’s vibrant generation.” This comment precisely highlights the core of IFBH’s strategic move – a shift from a “single category” towards “diversified portfolio”, aiming to unlock greater growth potential through diversification. Empowered by Teens in Times (TNT) to activate the youth marketThe appointment of Teens in Times (TNT) as brand ambassador is a precise move to reach the target audience. “Through Teens in Times (TNT) serving as our brand ambassador, we will bring INNOCOCO closer to young consumers than ever before.” Mr. Pongsakorn Pongsak said.As a super-popular idol group in the Asia-Pacific region, Teens in Times (TNT) boasts a massive fan base and holds significant influence and high topicality among young Chinese consumers. By partnering with them, IFBH gains multi-faceted benefits in brand rejuvenation, social media buzz, and cross-border influence, allowing the new product to rapidly penetrate target consumer circles. This creates a powerful trifecta of “Product+Celebrity+Scenario”. On the day the partnership was announced, the hashtag #INNOCOCOunderIFBHwelcomeTNTasbrandAmbassador# quickly soared to the Top 6 on Weibo Hot Search, garnering over 130 million reads and directly driving a sharp increase in traffic and orders for the INNOCOCO official flagship store, tangibly demonstrating the market impact of the endorsement.It is worth noting that while launching new products and marketing campaigns, IFBH maintains a balance between short-term performance and long-term growth. In the first half of 2025, IFBH achieved revenue of US$94.5 million, a 31.5% year-on-year increase, with an adjusted net profit of US$18.9 million, up 13.9% year on year. The robust growth of its core business provides a solid foundation for promoting new products.With the launch of INNOCOCO electrolyte water, bolstered by its existing channel foundation and new partnerships, IFBH is establishing a development pattern driven by both “Brand Momentum” and “Channel Velocity”. This not only promises sales growth but also indicates a simultaneous upgrade in IFBH’s brand power and channel capabilities, potentially leading to higher gross margins, faster inventory turnover, and stronger risk resilience.In a beverage market plagued by severe homogenization, IFBH’s success is no accident. From entering the functional beverage segment to leveraging Teens in Times (TNT) to engage the youth market, each step demonstrates the management’s deep market understanding and forward-thinking strategy. Looking ahead, as IFBH accelerates its penetration into target markets through new product promotions, celebrity endorsements, and brand rejuvenation, the Company is well-positioned to achieve growth in both revenue scale and profitability, further consolidating its leading market position. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Silverella Launches ESG-Driven Incontinence Underwear: Produced in an FDA-Registered Facility, PFAS-Free, and OEKO-TEX Certified ACN Newswire

Silverella Launches ESG-Driven Incontinence Underwear: Produced in an FDA-Registered Facility, PFAS-Free, and OEKO-TEX Certified

SEOUL, S.KOREA, Oct 2, 2025 - (ACN Newswire via SeaPRwire.com) - Silverella, a women's-health startup founded by entrepreneur Baik, today announced the launch of its patent-pending incontinence underwear designed for women seeking sustainable, comfortable, and dignified solutions. Manufactured in an FDA-registered facility and certified by OEKO-TEX® Standard 100 Class 2, Amfori BSCI, and PFAS-Free testing (Intertek/SGS), the new line is scheduled to debut in November 2025 through a domestic crowdfunding campaign in Korea.With Silverella, Baik extends her mission to address the overlooked issue of incontinence. Globally, more than 400 million women experience bladder leakage, yet solutions remain limited. Silverella's ESG-based design integrates:Patent-pending silver yarn at the fiber stage for antimicrobial performance.Bamboo viscose layers for absorption and odor control.3M Scotchgard™ quick-dry, stain-release finishing.PFAS-Free waterproof barrier, third-party verified.Baik, who previously worked as a CPA at KPMG and in finance at Deutsche Bank on Wall Street, later transitioned into global manufacturing as CFO of a Hong Kong company. Her earlier venture, Trendix, was recognized as a "Best Period Underwear" by The New York Times and featured in Forbes after raising its Kickstarter goal in just four days. Trendix also donated over USD 150,000 worth of products worldwide."Silverella is more than a garment — it's a way to preserve dignity in everyday life," said Baik. "We are combining tested safety standards with thoughtful design to empower women globally."Key Certifications & TestsFDA-registered facility (U.S.)OEKO-TEX® Standard 100 (Class 2, 2024–2025)Amfori BSCI (2023)Intertek/SGS: PFAS not detected, heavy metals not detected3M Scotchgard™ eco-friendly finishLaunchSilverella will officially launch in November 2025 through Korean crowdfunding platforms, with international expansion to follow.Media contactBrand: SilverellaContact: Joy BaikWebsite: https://www.thesilverella.com/ Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Transoft Solutions Receives AiRAP Accreditation ACN Newswire

Transoft Solutions Receives AiRAP Accreditation

Vancouver, BC, Oct 2, 2025 - (ACN Newswire via SeaPRwire.com) - Transoft Solutions, a global leader in transportation engineering, analysis, and operations software, is now officially an accredited AiRAP data provider, reinforcing its support for the International Road Assessment Programme's (iRAP) vision of a world free of high-risk roads. This achievement enables more efficient iRAP Star Rating assessments performed by road safety professionals and practitioners.iRAP's Star Rating methodology uses a predictive, risk-based approach to assess roads universally by reviewing attributes present along the road corridor. The time-consuming traditional method of conducting an iRAP Star Rating involves accredited coders manually reviewing video footage of road, 100m at a time, and coding more than 50 road attributes. These attributes are then processed through iRAP's ViDA software to get an objective star rating measure of the level of safety for vehicle occupants, motorcyclists, cyclists, and pedestrians. To scale this process, iRAP launched AiRAP in 2019, which stands for the "accelerated and intelligent" capture of road safety data. Learn more about AiRAP at: www.irap.org/airap.Figure 1. Star Rating Calculations as demonstrated in AssetMAPPER RoadsTransoft AssetMAPPER® Roads, an AiRAP accredited inspection system, has expanded its capabilities to simplify the road coding and data preparation steps in road assessments, lowering costs per unit of road assessed and streamlining inventory and condition data collection, performance monitoring and risk analysis, and lifecycle planning.Under the traditional road coding approach, AssetMAPPER allows users to manually code road attributes from 360° video footage through its user-friendly web browser interface. Under the AiRAP framework, AssetMAPPER enables open-source data and advanced computer vision in 360° video footage to accelerate the automated coding of 20 road attributes.As an accredited AiRAP data provider with an accredited inspection system, AssetMAPPER can help you:Accelerate the road coding and data preparation processes for iRAP Star RatingsLeverage multiple data sources, including open-source data and advanced computer vision in 360° video footageEnhance road assessments and planning with repeatable, scalable toolsFigure 2. Road Coding Features as demonstrated in AssetMAPPER Roads"We are honored to receive AiRAP accreditation for AssetMAPPER, reaffirming Transoft Solutions' commitment to advancing global road safety through innovation. This recognition highlights the power of automation in transforming how road attributes are assessed, making safety evaluations more efficient, consistent, and scalable," says Matthieu Levivier, Director of Business Development at Transoft Solutions.About AssetMAPPERAssetMAPPER is a web-based application designed to support the inventory, inspection, and assessment of roads. Featuring an intuitive interface, 360° video integration, and advanced computer vision, it streamlines data collection, performance monitoring, and lifecycle planning.Trusted by transportation agencies, governments, and port authorities, AssetMAPPER automates asset collection and classification, helping reduce costs, save time, and improve decision-making for infrastructure management at any scale. With the added AiRAP capabilities, road assessment is further streamlined in the coding and data preparation steps, allowing for faster planning of preventative maintenance and upgrades.To learn more about AssetMAPPER, visit: www.transoftsolutions.com/landing/assetmapper-airap-accreditationAbout Transoft SolutionsTransoft Solutions develops innovative and highly specialized software for aviation, civil infrastructure, and transportation professionals. Since 1991, Transoft has remained focused on safety-oriented solutions that enable transportation professionals to work effectively and confidently. Our portfolio of planning, simulation, modelling, and design solutions is used in over 150 countries, serving more than 50,000 customers across local and federal agencies, consulting firms, airport authorities, and ports. We take pride in providing the highest quality of customer support from our headquarters in Canada, and through our offices in Sweden, the United Kingdom, the Netherlands, Australia, Germany, India, Belgium, France, Spain, Slovenia, and China. For more information on Transoft's range of aviation, civil design, and traffic safety solutions, visit: www.transoftsolutions.com.Media ContactPublic Relations, Transoft SolutionsEmail: publicrelations@transoftsolutions.comSOURCE: Transoft Solutions, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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HKTDC’s New Executive Director Sophia Chong takes up post ACN Newswire

HKTDC’s New Executive Director Sophia Chong takes up post

HONG KONG, Oct 2, 2025 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) is pleased to announce that Sophia Chong assumed the role of Executive Director on 1 October.Ms Chong states: “The global economy is ever-changing, and Hong Kong’s role as a "superconnector" and "super value-adder" is more crucial than ever. The HKTDC has long stood shoulder to shoulder with Hong Kong businesses, helping enterprises seize opportunities amid global uncertainty. We will continue to enhance the depth and breadth of our services, leveraging Hong Kong’s unique strengths and advantages, to support businesses in boosting competitiveness and exploring new markets. At the same time, we will attract more enterprises to utilise the Hong Kong platform for international expansion, which will inject new momentum into our city’s economy and solidify its position as an international business hub.”On the same day, Jenny Koo took over the office of Deputy Executive Director, overseeing international exhibitions and related services and digital business.Ms Chong comments: “Jenny has served the HKTDC and SMEs for many years, bringing extensive experience and a broad perspective across areas. She is well-equipped to help enterprises navigate challenges and capture fresh opportunities. Her wealth of experience and innovative mindset will empower our team to deliver dynamic results.”Prior to her promotion, Ms Koo served as Assistant Executive Director, overseeing exhibitions and digital business initiatives, with a focus on promoting Hong Kong’s external trade.In 2020, as Director of Exhibition Market Development, she successfully transitioned physical exhibitions to virtual platforms. In 2021, she took on the role of Director of Digital Business, leading the formulation and implementation of the HKTDC’s digitalisation strategies as well as the upgrade of our hktdc.com Sourcing platform, all to enable SMEs to embrace digital technology. Media enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Sunny NgTel: (852) 2584 4357Email: sunny.sl.ng@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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On-Chain KYC(R) 2.0 Transforms Digital Identity with Privacy-Preserving Blockchain Attestations ACN Newswire

On-Chain KYC(R) 2.0 Transforms Digital Identity with Privacy-Preserving Blockchain Attestations

HONG KONG, Oct 2, 2025 - (ACN Newswire via SeaPRwire.com) - Blockpass, the identity verification and compliance service for blockchain and beyond, is excited to announce the launch of its new and improved On-Chain KYC® 2.0. With the adoption of crypto growing rapidly, Blockpass has created a flexible, powerful solution for blockchain identity verification and attestation which doesn’t compromise on privacy or security.Blockpass, the Safe Network for Crypto™, has pioneered reusable identities and crypto-native KYC/AML solutions. Its turnkey suite of compliance tools is designed to lower onboarding costs, automate remediation, prove humanity and protect against malicious actors, fraudulent activities, bots, and AI. Businesses can set up services quickly, test them for free, and start verifying users. With around one million verified identity profiles, Blockpass facilitates instant onboarding, and to date over a thousand businesses have taken advantage of this opportunity to benefit from Blockpass’ compliant network.With the addition now of On-Chain KYC® 2.0, businesses are empowered to create verified, reusable digital identities for users, both on the blockchain through on-chain attestations, or off the blockchain through zero-knowledge proofs. By working with existing attestation services on a range of blockchains such as Ethereum and Solana, users don’t have to worry about building or maintaining their own smart contracts, but instead gain access to single solution that focuses on interoperability, and simplifies the integration process for their dApp or platform with the existing ecosystem.Through this system, businesses are protected from having to handle or store the personal data of end-users. Instead, through Blockpass’ privacy-centric checks, they are able to rely on the verification result or ‘attestation’ that they issue, being accurate and true. With customisable elements that include identity document verification, accredited investor status, geographical residency, AML and sanctions checks, age requirements, and expiry dates, On-Chain KYC® 2.0 enables safe and seamless ongoing monitoring, and a reputation that only strengthens over time."At Blockpass we always aim to provide the most effective, efficient and up-to-date services to those that need them in this ever-evolving world of blockchain and crypto.” said Blockpass CEO Adam Vaziri. “Being able to reveal On-Chain KYC® 2.0 is a real achievement for us as we make complying with regulations the most flexible, effective, safe, secure and privacy-centric it’s ever been.”With the new capabilities that On-Chain KYC® 2.0 offers, Blockpass continues to help the world navigate the developing landscape of crypto regulations whilst adhering to the strictest privacy measures possible. As blockchain and crypto expand in scope and adoption, Blockpass will continue to put out new and updated services that keep people on all sides of the ecosystem safe.About BlockpassBlockpass offers a comprehensive, cost-effective suite of KYC, KYB, and AML compliance solutions for Web3. Built by compliance and crypto experts, our tools lower onboarding costs, automate processes, and protect against fraud. Our core products include our groundbreaking On-Chain KYC® 2.0 for verified, reusable digital identities via on-chain attestations and zero-knowledge proofs, the Advanced KYC Bot™ for automated onboarding, Unhosted Wallet KYC™ for wallet ownership certification, and Travel Rule Hub for fulfilling crypto transfer regulation.We also provide specialized solutions like Launchpad KYC for crypto platforms servicing multiple token offerings, SAFT KYC for private token sales, and Node Sale KYC to verify node participants and prevent fraud. Our Outsourcing services offer expert personnel for compliance management. With a network of more than a million pre-verified crypto investors and more than three thousand crypto VCs, businesses can achieve instant onboarding and accelerate growth. Blockpass is a trusted partner for industry leaders like Animoca Brands, Cardano, and Polygon, helping to build the Safe Network for Crypto™.Learn more and engage the Blockpass team:Website: http://www.blockpass.orgBook a Call: https://www.blockpass.org/book-your-call/Email: sales@blockpass.org Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Saudi Electricity Company Appoints Eng. Khalid Bin Salem AlGhamdi as Chief Executive Officer ACN Newswire

Saudi Electricity Company Appoints Eng. Khalid Bin Salem AlGhamdi as Chief Executive Officer

RIYADH, KSA, Oct 2, 2025 - (ACN Newswire via SeaPRwire.com) - The Board of Directors of the Saudi Electricity Company (SEC) has announced the appointment of Eng. Khalid bin Salem AlGhamdi as the company's Chief Executive Officer, effective October 1st 2025. The decision reflects the Board's confidence in the capabilities of Saudi talent and their vital role in advancing the Kingdom's electricity sector, a key enabler of the country's ongoing economic and social transformation.Eng. Khalid bin Salem AlGhamdiSaudi Electricity Company Appoints Eng. Khalid bin Salem AlGhamdi as Chief Executive OfficerCommenting on his appointment, Eng. AlGhamdi expressed his deep pride in this trust, extending his sincere gratitude to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and to His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister - may God protect them - for their unwavering support of SEC, which has enabled the company to achieve major milestones and strengthen its role in driving national development. He also acknowledged the guidance and close follow-up of His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz، Minister of Energy, whose leadership continues to serve as a cornerstone of SEC's success.Eng. AlGhamdi also thanked the company's Board of Directors for their trust and support, affirming that this confidence will be a driving force to continue working to fulfil the expectations of customers and shareholders. He added: "Together with my colleagues at SEC, I look forward to a new chapter of collective effort building on the company's past achievements across all fronts. With the grace of God, we will continue to meet the expectations of more than 11 million customers across the Kingdom by providing reliable and high-quality electricity services. Our focus will be on further enhancing grid reliability, and increasing the company's contribution to the ambitious objectives of Saudi Vision 2030 - reinforcing SEC's position as a leading national utility and a key player in the global energy landscape."Eng. AlGhamdi is regarded as one of the Kingdom's distinguished national leaders. He has held several senior positions at SEC, including Executive Vice President for Technical Services, Acting Vice President of Risk and Compliance, Chief Engineer between 2022 and 2023, and Senior Vice President of Digital and Technology, where he oversaw the implementation of major strategies and programs across the company.1Contact InformationSaudi Electricity CompanyAl-Arid, Riyadhalkahrabacare@se.com.sa920001100SOURCE: Saudi Electricity Company Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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