European-born fintech Payhawk introduces its leading spend management solution to the US market to support global scaleups and enterprises with offices in multiple countries
In response to market demands, and with more than 10% of its customer base already subscribed to a waiting list, the company launches its first credit card product in the US
The US credit cards will run alongside its existing cards in the UK and Europe to support global scaleups in 32 countries
The entry into the US market comes off the back of a record year of growth for Payhawk, in which revenue has grown by over 520%, and employee headcount by over 250%
 

(BUSINESS WIRE) -- Payhawk, the spend management solution with a presence across the UK and Europe, officially launches in the US today. The unicorn has opened an office in New York and is introducing a US credit card to support companies with multiple offices across the UK, Europe, and the US. The US launch is a key part ... Read more »

BONN, Germany - Tuesday, 13. September 2022

First deployment completed in Germany since selection as one of the preferred Converged Packet Core vendors for Deutsche Telekom Group
Open architecture approach
(BUSINESS WIRE)--Deutsche Telekom and Mavenir announced the successful delivery and deployment of cloud-native 5G Core to Deutsche Telekom in Germany. Deutsche Telekom selected Mavenir as the supplier for software applications to run on its defined hardware and the existing Kubernetes-based platform of its German business, ensuring an open architecture approach. As part of the deployment process, the Converged Packet Core was integrated with Telekom’s existing multi-vendor access network and other system components.

The new Converged Packet Core supports data, voice, and messaging services and network slicing. The initial network slicing use case is focused on live video broadcasting. The deployment has been successfully certified against devices ... Read more »

Partnership delivers best-in-class risk advisement and cybersecurity technology to deliver real-time risk insights

(BUSINESS WIRE)--Forescout Technologies, the global leader in automated cybersecurity, today announced a new healthcare cybersecurity partnership with First Health Advisory, a leader in healthcare IT risk management. The partnership creates an innovative approach to connected asset risk management by automating the technical data collection, mitigation and risk reduction measures for a healthcare organization’s entire network that encompasses IT, IoT, OT, and IoMT assets.

Healthcare organizations’ networks are under constant attack and often do not have the necessary human capital to oversee the work necessary to thwart a potential threat or attack through quick response. This challenge places added importance on the need to obtain highly skilled outside expertise to operationalize a program and execute ongoing asset risk assessments across t ... Read more »

(BUSINESS WIRE) -- Power management company Eaton announced its eMobility business has introduced a single-stage vent valve for electrified vehicle (EV) batteries. The valve acts as an overpressure relief for the vehicle’s battery pack.

“As the electrified vehicle market continues to grow, battery packs are becoming progressively more powerful and create more heat. OEMs are designing new safety systems to ease the impact of thermal events,” said Jens Buhlinger, manager, Battery Technology Development, Eaton’s Vehicle Group. “Our new battery vent valve is designed to enable rapid overpressure release in the battery pack.”

A battery pack thermal runaway situation can occur when individual cells inside the unit fail due to physical impact or short circuit. Eaton’s single-stage battery vent valve can be precisely and flexibly designed to meet specific opening pressures and optimize venting. The valve’s proven resealing tech ... Read more »

 CHALFONT ST GILES, England & NORTH BILLERICA, Mass. - Tuesday, 13. September 2022

• Phase III clinical trial of [¹⁸F]flurpiridaz PET diagnostic radiopharmaceutical meets co-primary endpoints for detecting Coronary Artery Disease (CAD)
• Trial also met its first key secondary endpoint, demonstrating higher diagnostic efficacy for [¹⁸F]flurpiridaz PET compared to SPECT Myocardial Perfusion Imaging (MPI)
• With a half-life roughly 12 times longer than currently approved cardiac PET radiotracers, if approved, [¹⁸F]flurpiridaz has the potential to expand patient access to PET MPI
• ... Read more »

MOORESTOWN, N.J. - Tuesday, 13. September 2022

(BUSINESS WIRE) -- OPEX Corporation, a global provider of innovative warehouse, document and mail automation solutions, has announced today that it has filed complaints for patent infringement in the United States International Trade Commission (ITC) and the United States District Court for the Eastern District of Pennsylvania against HC Robotics (aka Huicang Information Technology Co., Ltd.) of Hangzhou City, China (“HC Robotics”) and Invata, LLC (d/b/a Invata Intralogistics) of Conshohocken, Pennsylvania (“Invata”) based on their making, using, offering for sale, selling and/or importing infringing automated put walls and automated storage and retrieval systems, associated vehicles, associated control software, and their component parts.

This is the second set of patent infringement lawsuits brought by OPEX against these parties.

HC Robotics and Invata have already agreed to stop selling ... Read more »

CHESTERBROOK, Pa. - Tuesday, 13. September 2022

Category-leading, global SaaS company continues award-winning streak with recognition as a leading large software company
The Boomi AtomSphere™ Platform named among the best-of-the-best in International Business Awards Cloud Application category
 

(BUSINESS WIRE) -- BoomiTM, the intelligent connectivity and automation leader, today announced it won a Silver Stevie® Award in the Company of the Year category in the 19th annual International Business Awards® (IBAs) for its ability to assist enterprises in breaking down information silos, automating workflows, securing real-time data access across applications and business partners, and its data analysis and management capabilities. The Boomi AtomSphere™ Platform also received a Bronze Stevie® Award thanks to its innovative, low-friction, and easy-to-use interface and technology, which companies from all over the world rely on.

DUBAI, United Arab Emirates - Tuesday, 13. September 2022

62 percent of GCC parents end up utilizing their monthly salary to pay for their child's tuition fees, the survey by Zurich International Life reveals.

Tuition fees for higher education is the leading concern for 70 percent of parents in the United Arab Emirates (UAE) revealed a survey commissioned by Zurich International Life (Zurich), part of Zurich Insurance Group. The survey further revealed that less than a third of the parents surveyed have an education savings plan in place.

According to the survey, 39 percent of families in the UAE are digging deeper into their personal savings. In comparison, 15 percent have resorted to taking personal loans.

Conducted in partnership with research firm YouGov in July 2022, the survey covered over 1,500 GCC residents across the UAE, Saudi Arabia, Qatar, and Bahrain. It also included parents and married residents across various income groups, occupat ... Read more »

Inaugural report finds that gender is the only common diversity characteristic on boards around the world; Race, ethnicity, age and LGBTQ+ representation fall woefully behind

(BUSINESS WIRE) -- While progress has been made in driving gender diversity on corporate boards, there are still massive gaps in how diversity is defined and represented on boards around the world, according to Diligent, the global leader in modern governance providing SaaS solutions across governance, risk, compliance, audit and ESG. In fact, new research – revealed at the Modern Governance Summit today, September 12, 2022 – shows that boardroom diversity by race, ethnicity, age and LGBTQ+ representation lags significantly behind gender diversity globally.

The inaugural Board Diversity Gaps: The Global Modern Leadership Report is the first ever global analysis of several major dimensions of boardroom diversity including gender, race/ethnicity and nationality, skillset and LGBTQ+ rep ... Read more »

WILMINGTON, Del. - Tuesday, 13. September 2022 AETOSWire 

Experts Present Two Lectures at the Scientific Conference on Man-Made Fibers

(BUSINESS WIRE) -- The LYCRA Company, a global leader in developing innovative and sustainable fiber and technology solutions for the apparel and personal care industries, today announced that two employees will be presenting at the 61st Annual Dornbirn Global Fiber Congress (GFC). The event takes place from September 14-16 at Kulturhaus in Dornbirn, Austria.

“LYCRA® Anti-Slip fiber for High-Performance Wovens,“ is being presented in Hall A on September 14 at 2:20 p.m. CEST by Nicholas Kurland, senior R&D scientist, at The LYCRA Company. Seam slippage can affect garment quality and aesthetics and is one of the biggest technical problems in stretch denim. It can also lead to consumer dissatisfaction and product returns.

“In our ongoing efforts to help improve denim quality and solve pain p ... Read more »

(BUSINESS WIRE)--Andersen Global strengthens its presence in Indonesia through a Collaboration Agreement with full-service law firm Armila & Rako, further enhancing the organization’s ability to provide seamless client service through legal capabilities in the country.

In 2018, Armila & Rako was founded by Co-Managing Partners Eva Armila Djauhari and Michel A. Rako, who merged their previous firms to increase their expertise and ensure clients receive high-quality service. The firm provides a range of legal services to local and international clients, including corporate and commercial law, restructuring, commercial litigation, mergers and acquisitions, banking and finance, mining and energy, foreign investment and restructuring.

“Our firm takes pride in delivering best-in-class solutions and promoting stewardship to ensure our people have the insight and knowledge to maintain a competitive edge in the region,” Eva said. “Collaborating ... Read more »