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LOS ANGELES, Feb. 17, 2025 /PRNewswire/ -- Every homeowner deserves peace of mind when it comes to home security. Reolink, an innovative leader in intelligent visual technology for the home, brings the Wireless Security Camera System specifically designed for beginners. With two easy-to-install battery-powered Wi-Fi cameras, two solar panels, and a central home hub, this all-in-one wireless system makes a convenient and reliable experience accessible to everyone. Subscription-Free for Local Storage & Multi-Device Management Reolink Home Hub serves as the central control unit for up to eight Reolink cameras (excluding 4G models), and users can easily access live feeds and playbacks of high-definition main streams from multiple cameras. Once any connected cameras are triggered, the Reolink Home Hub will sound an alarm immediately. It comes with a 64GB microSD card and expandable up to 2×512GB with two microSD card slots, providing secure and privacy management without monthly fees. Argus 4 Pro Wireless Security System for Day & Night Vibrant Color The Reolink Home Hub system includes two of Reolink's award-winning Argus 4 Pro cameras - the world's first 4K battery-powered camera with 180° panoramic view, and two 6-watt solar panels for comprehensive security coverage. Each camera features ColorX Technology, delivering vibrant, crystal-clear footage even in low-light conditions, without relying on infrared lights. Starting today, the Argus 4 Pro wireless security system is on sale for $629.99 on the Reolink website, minus an extra 5% discount with the code "hub021705". Argus PT Ultra Wireless Security System for 360° All-Around Coverage Pairing two 4K pan-tilt standalone Reolink Argus PT Ultra cameras with two 6-watt solar panels, this system offers flexible and reliable security for users at home. The Argus PT Ultra features an impressive 355-degree pan and 140-degree tilt, ensuring a blindspot-free viewing experience. Customers can buy it on the Reolink website and Amazon for $499.99, minus an extra 5% discount with the code "hub021705". In addition to these two systems, Reolink also offers Home Hub bundles paired with other battery-powered Wi-Fi cameras to meet different home security needs. For more information, please visit the Reolink website. About Reolink Reolink offers smart security solutions for homes and businesses, aiming for a seamless security experience with its wide range of products. Serving millions globally, it provides video surveillance and protection, standing out for its commitment to security technology innovation.
HONG KONG, Feb. 17, 2025 /PRNewswire/ -- Fintech compliance is an increasingly important aspect of the financial industry. As the fintech industry continues to grow and evolve, so do the demands for regulatory compliance. PhotonPay, a leading digital financial infrastructure provider, drives innovation through global licenses, strategic partnerships with top financial institutions, and local teams delivering secure and scalable payment solutions worldwide. PhotonPay Enhances Global Payment Solutions with Robust Compliance and Risk Solutions PhotonPay integrates AI-powered AML and Risk engine that enhances the speed and efficiency of its "Know your Customer" (KYC) and onboarding processes. The new tool reduces 'false positives' by an average of 50%, while enhancing customer on-boarding experience. Leveraging artificial intelligence (AI) technology, PhotonPay has further streamlined anti-money laundering (AML) and counter-terrorism financing (CFT) processes, enhanced its risk management system and effectively reduced financial crime risks. This initiative significantly improves operational efficiency while adhering to world-class compliance and risk standards such as PCI-DSS Level 1, FATF and more. For e-commerce leaders like Lili Bridals, tokenization and PCI-certified flows secure high-value transactions; for logistics giants like Zongteng, AI-driven fraud detection reduces chargebacks by 30%; and for advertising platforms such as Cheetah Mobile Inc, privacy-preserving frameworks reduce GDPR non-compliance risks by 99%. With a strong compliance culture and technological innovation capabilities, PhotonPay has become a trusted partner of over 200,000 customers worldwide, with an annual transaction volume of more than US$20 billion. "Compliance is the foundation of trust in global payments. At PhotonPay, we ensure that our global payment solutions comply with global regulatory standards," said JP, Global Co-Head of Legal, Compliance, AML and Risk at PhotonPay, "We are committed to adhering to international regulatory standards and will continually enhance our compliance and risk control capabilities to enable our clients to operate with confidence globally." Through international payment licenses and strategic partnerships with leading financial institutions, PhotonPay integrates compliance into every aspect of its operations, enabling businesses to operate smoothly while mitigating financial and reputational risks, and continues to help businesses to thrive in the digital economy. About PhotonPay Founded in 2015, PhotonPay is a digital financial infrastructure provider offering global payment solutions to businesses. Our innovative core products include Global Accounts, Card Issuing, Online Payments, Payouts, FX Management and Embedded Finance. PhotonPay has become a Mastercard issuer in Hong Kong and the fintech card issuer in the Greater China region of Discover® Global Network. With a strong compliance culture and technological innovation capabilities, PhotonPay is building a digital payment network to take the friction out of global payments and enhance operational efficiency for businesses operating on a global scale. Headquartered in Hong Kong and providing localized services through nine international offices, PhotonPay partners with a network of top-tier banks and global financial institutions and serves more than 200,000 customers globally. https://www.photonpay.com/en/
NEW YORK, Feb. 17, 2025 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group, today opened registration for its 2024 revenue results conference call. The Group will release its unaudited revenues for the full-year 2024 on Friday, February 28, 2025. On the same day, at 8:00 a.m. Eastern Standard Time (9:00 p.m. China Standard Time), the Group will host a conference call and webcast to discuss the released results and provide an outlook for 2025. Management will refer to a slide presentation during the call, which will be made available on the day of the call. To view the presentation, please visit the "Events" tab of the Group's investor relations website at https://ir.lanvin-group.com. All participants who would like to join the conference call must pre-register using the link provided below. Once the registration is complete, participants will receive dial-in numbers, a passcode, and a registrant ID which can be used to join the conference call. Participants may register at any time, including up to and after the call starts. Registration Link:https://dpregister.com/sreg/10196995/fe885f405b A replay of the conference call will be accessible approximately one hour after the live call until March 07, 2025, by dialing the following numbers: US Toll Free: 1-877-344-7529International Toll: 1-412-317-0088Canada Toll Free: 855-669-9658Replay Access Code: 4193525 Additionally, an archived webcast of the conference call will be available on the Group's investor relations website at https://ir.lanvin-group.com. About Lanvin Group Lanvin Group is a leading global luxury fashion group headquartered in Shanghai, China, managing iconic brands worldwide including Lanvin, Wolford, Sergio Rossi, St. John Knits, and Caruso. Harnessing the power of its unique strategic alliance of industry-leading partners in the luxury fashion sector, Lanvin Group strives to expand the global footprint of its portfolio brands and achieve sustainable growth through strategic investment and extensive operational know-how, combined with an intimate understanding and unparalleled access to the fastest-growing luxury fashion markets in the world. For more information about Lanvin Group, please visit www.lanvin-group.com, and to view our investor presentation, please visit www.lanvin-group.com/investor-relation/. Enquiries: MediaLanvin GroupIngrid Zhouingrid.zhou@lanvin-group.com InvestorsLanvin GroupCoco Wangcoco.wang@lanvin-group.com
Oceanpayment's new Mastercard-powered virtual commercial credit card aims to help reduce the operational costs of multi-currency accounts while improving conversion rates HONG KONG, Feb. 17, 2025 /PRNewswire/ -- Oceanpayment, a global digital payment solutions provider, and Mastercard today announced the launch of Oceanpayment's first-ever payment card, a Mastercard virtual commercial credit card. The new product is designed to help cross-border merchants reduce the operational costs of multi-currency accounts while improving conversion rates. Merchants can rapidly apply for and set up the Oceanpayment Card online, as the virtual card offers higher efficiency in overseas B2B payments to ensure seamless, compliant and secure cash flow management. Source：Oceanpayment Simplifying financial management According to the Virtual Card Benchmark Survey conducted by RPMG Research and commissioned by Mastercard, 85 percent of bank executives surveyed globally believe that virtual cards improve organizational processes including efficiency, reconciliation, system integrations and compliance. Furthermore, 84 percent of them believe that virtual cards enhance cybersecurity, reduce fraud and increase data security. Through the new virtual Oceanpayment Card, businesses can now more easily address common financial management challenges associated with traditional cross-border transactions, including handling multiple currencies and real-time payments among many others, further optimizing their operational management. Lanny Yang, Co-Founder and Chief Executive Officer of Oceanpayment, said, "Building on Oceanpayment's extensive expertise and experience in the acquiring space, and the deep integration with Mastercard's capabilities in enabling virtual card issuance, we are excited to launch our new card product, completing our all-in-one fund management solution to streamline payment acceptance and disbursement. Tailored to meet our merchants' needs with precision, this service simplifies money movement management and optimizes business cash flow, ultimately boosting overall operational efficiency for businesses." Helena Chen, Managing Director, Hong Kong & Macau, Mastercard, said, "This partnership with Oceanpayment not only highlights Mastercard's commitment to delivering innovative, seamless and secure payment solutions, but also underlines the strength of its support for issuers. With B2B virtual card spend estimated to reach US$1.3 trillion by 2028[1], Mastercard is pleased to be the preferred partner of choice for digital payments solutions, leveraging its expertise and experience in virtual cards, end-to-end support to issuers, as well as its global acceptance network." Faster, safer, more stable payment without delays The launch of a Mastercard Virtual Commercial Credit Card represents a key milestone in Oceanpayment's global digital payment infrastructure. This marks a significant evolution from transaction capabilities to a holistic ecosystem that brings simplicity, security and efficiency of digital payments into merchants' cash flow operations. By streamlining B2B payment processes and reducing transaction time, it empowers businesses to manage their working capital digitally. The Oceanpayment Card eliminates transaction management and processing delays among consumers, merchants, international card schemes and issuing banks. It enables faster, safer and more stable payment interactions while improving merchants' operational efficiency, transparency and predictability. This reduces dependency on traditional and inefficient processes, offering a streamlined and optimized payment workflow. Furthermore, the new virtual card empowers cross-border merchants to achieve intelligent, integrated cash flow management systems and provides diverse commercial payment support for global operations. By incorporating issuing services, merchants can significantly enhance the efficiency of international payments in both online and offline scenarios, including advertising, subscriptions, consumption, procurement and business travel. With Oceanpayment's automated and embedded solutions, merchants gain complete control over their financial visibilities, effectively minimizing operational friction. The new Oceanpayment Card can effectively address operational pain points in cross-border payments and meet the diverse needs of business payment scenarios by providing merchants with more precise solutions, including: Integrated Transactions for Efficiency: all-in-one solution that integrates acquiring and issuing services, enabling seamless fund connectivity and significantly enhancing cash flow management efficiency. Instant Activation with Comprehensive Features: such as instant card activation and quick transactions. This enables a full-suite, one-stop service with deeply integrated multi-functional capabilities. Versatile Payment Scenarios: empowers merchants with diverse payment scenarios, supporting aviation, advertising subscriptions, procurement management, logistics and education. Shared Card Limits for Global Reach: supports major settlement currencies including HKD and USD, along with over 140 transaction currencies. It facilitates multi-currency shared limits and streamlined foreign exchange processes for a seamless payment experience. Membership with Secure and Global Coverage: As a Mastercard issuer, Oceanpayment has successfully tapped into Mastercard's global network, enabling extensive international payment coverage. It caters to merchants' diverse business payment needs, focusing on convenience, security and efficiency. Oceanpayment: Simplifying Global Payments Over the past decade, Oceanpayment has dedicated itself to empowering global partners with professional expertise and exceptional services. It has continuously strengthened payment infrastructure by integrating open APIs and digital services, seamlessly connecting payment technology across all aspects of the cross-border payment ecosystem. The company's comprehensive solutions unlock a wide range of cross-border business scenarios, including global acquiring services, financial payment gateways, intelligent risk management and compliance operations. This holistic approach enables seamless integration of cross-border business models, technological innovation and product offerings, fostering the global expansion of cross-border merchants. Looking ahead, Oceanpayment will continue to enhance its payment chain products and services through technological innovation. It is committed to providing cross-border merchants with a more convenient and secure "global payment" experience. The company aims to facilitate businesses' digital and intelligent transformation to accelerate growth and foster high-quality development of global cross-border e-commerce. – Ends – About Mastercard Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're building a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions safe, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential. www.mastercard.com About Oceanpayment Oceanpayment is a leading global payment service provider empowering businesses with secure, convenient, professional and simple payment solutions for cross-border transactions. We leverage cutting-edge technology, robust infrastructure, effective risk management, and proven expertise to deliver seamless payment experiences. Processing transactions continuously for hundreds of thousands merchants across over 200 countries and regions, enabling them to accept and process payments seamlessly and maximize revenue growth. www.oceanpayment.com References: [1] Juniper Research, Virtual Cards, Strategy & Forecast, 2021-2026.
The Payment Service Provider strengthens its global operations and accelerates APAC expansion after obtaining In-Principle Approval for a Singapore Major Payment Institution license. The APAC region represents 39% of the fintech's total processed volume. SINGAPORE, Feb. 17, 2025 /PRNewswire/ -- EBANX, a leading global Payment Service Provider (PSP) specializing in emerging markets, today announced that EBANX Pte. Ltd. has been granted In-Principle Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license supports two types of payment services in Singapore (namely, cross-border money transfers and merchant acquisition services), enabling EBANX to strengthen its offerings within its global settlement hub, benefiting its network of over 500 global enterprise merchants. The MPI license will also further reinforce EBANX's strong footprint in the Asia-Pacific region. EBANX serves leading enterprise merchants from APAC, with 39% of its total processed volume in 2024 coming from the region. EBANX maintains offices in Shanghai, China, and Singapore, and has recently established payment operations in India. "Receiving In-Principle Approval for an MPI license in Singapore, one of the most robust ecosystems for international payments, is a testament to EBANX's priority to meet the highest regulatory standards and provide exceptional value to our clients globally, who will now have even more capabilities enabled within our payments services," said João Del Valle, CEO and Co-founder of EBANX, who was in Singapore last week. EBANX's story in Asia-Pacific dates back to the company's foundation in 2012: The fintech's operational hub has always been in Singapore, and when obtained, the MPI license would replace the current authorisation provided by the MAS for the company's cross-border operations in the country. The In-Principle Approval follows a series of strategic moves by EBANX in Asia, including the partnership with YES BANK and the appointment of a Country Director for its operations in India. "EBANX has been the payments partner of choice for APAC merchants in emerging economies for 12 years now, supporting their growth through various generations of the Asian e-commerce industry, across multiple markets in Latin America and Africa," said Del Valle. The successful partnerships continued, going beyond China and beyond online retail. EBANX serves multiple verticals from different Asian countries, and adding new industries to the portfolio: Australian Canva (SaaS), South Korean Gravity Game Vision (gaming), besides the Chinese giants XTransfer (financial services) and Alibaba (B2B trade) are some examples. Forbes China has also recognized EBANX as one of the 30 pioneering brands in international expansion. "This moment marks another chapter of EBANX's successful story in the APAC region and a significant step forward in our global expansion strategy. It will build upon our powerful operations in LatAm, Africa, and India and solidify our position as a trusted partner for businesses operating in emerging markets," Del Valle added. EBANX office in Singapore To further drive strategic growth initiatives in APAC, EBANX is pleased to announce the relocation of Fernanda De Fino, Global Director of Risk and Compliance, to Singapore. In addition to her current global responsibilities, De Fino will also serve as the Executive Director of EBANX in Singapore. This appointment strengthens EBANX's physical footprint in the APAC region, which includes a multi-functional team of 25 in Shanghai. "Singapore's robust regulatory framework and strategic location make it the ideal hub to connect EBANX's global operations in 29 countries. We are excited to contribute to its leading fintech ecosystem," said De Fino. The office in Singapore and the executive relocation are statements of EBANX's commitment to APAC, as the company plans to continue expanding its team across the region. About the IPA from MAS An In-Principle Approval (IPA) reflects MAS' view that a license may be issued to the applicant upon the fulfilment of specified conditions and provided there are no material adverse developments affecting the applicant. An IPA does not constitute a license at this juncture. MAS reserves the right to rescind the IPA in circumstances where it considers appropriate. About EBANX EBANX is the leading payments platform connecting global businesses to the world's fastest-growing digital markets. Founded in 2012 in Brazil, EBANX was built with a mission to expand access to international digital commerce. Leveraging proprietary technology, deep market expertise, and robust infrastructure, EBANX enables global companies to offer hundreds of local payment methods across Latin America, Africa, and Asia. More than just payments, EBANX drives growth, enhances sales, and delivers seamless purchase experiences for businesses and consumers alike. For further information, please visit:Website: https://www.ebanx.com/en/ LinkedIn: https://www.linkedin.com/company/ebanx Media Contact:Shan Huangshan.huang@ahgstrategies.com
Leveraging multimodal AI to create high-quality product detail pages for e-commerce—completing texts, images, and layouts in 15–30 seconds Secured partnerships with over 30 fashion companies and platforms, expanding into the North American and Japanese markets NAVER D2SF, "Actively seeking and investing in startups that can collaborate with NAVER" SEOUL, South Korea, Feb. 15, 2025 /PRNewswire/ -- NAVER D2SF has invested in STUDIO LAB, a startup that developed a multimodal AI-based e-commerce product detail page (PDP) generation solution. While PDPs are crucial content that influence purchase decisions in online shopping, they have traditionally required significant time and resources to create. STUDIO LAB's solution automatically generates high-converting PDPs using multimodal AI. STUDIO LAB has developed "GENCY," a solution that creates high-quality PDPs in just 15–30 seconds after uploading product photos. The generated PDPs include optimized marketing copies, layouts, and detailed designs. The company has independently developed over five AI models, including a fashion-specialized Vision-Language Pretraining (VLP) model capable of meticulously analyzing clothing characteristics. These models were trained on over 10,000 PDPs and over 200,000 image-text data points. By generating complete PDPs rather than individual elements, the solution addresses sellers' challenges end-to-end and enables automated A/B testing and personalization through analysis and relearning of page data. Currently, STUDIO LAB is aggressively expanding its business, targeting major fashion companies. In the fashion sector, their initial target market, they have already secured around 30 partners, including LF, W Concept, GS Retail, and Shinsegae. They have received positive feedback, with double-digit increases in user engagement and clicks after implementing their solution. Inquiries are growing not only in Korea but also in global markets such as Japan and the United States. The company plans to expand beyond fashion into other sectors, including jewelry. STUDIO LAB's cofounding team consists of members who specialized in fashion data research at Samsung Electronics, bringing rich experience in the commerce industry and specialized AI solution development. They continue to achieve strong growth based on an excellent understanding of sales and planning, combined with swift execution capabilities. Sanghwan Yang, Head of NAVER D2SF, stated "The commerce sector is actively adopting various technologies, including generative AI, 3D, robotics, and sellers on NAVER's shopping platform are increasingly implementing generative AI solutions to boost sales," He added, "We will pursue various collaboration opportunities between STUDIO LAB and NAVER Shopping." Sunghoon Kang, CEO of STUDIO LAB, said "With support from NAVER, which has led both AI technology and commerce industry, we will take another leap forward," He added, "We are currently conducting a Proof of Concept (PoC) to automate the creation of A+ Content for Amazon sellers." Meanwhile, NAVER D2SF is NAVER's corporate venturing(CV) arm that has focused on investing in startups across technology sectors, including AI, robotics, immersive, content, commerce, and healthcare, while pursuing collaboration opportunities. Notable portfolio companies collaborating with NAVER Shopping include Techtaka, a logistics startup operating NAVER's guaranteed delivery service, and UneedComms, which helps optimize SME businesses through NAVER's commerce solution marketplace. About NAVER D2SF NAVER D2SF is NAVER's corporate venturing (CV) arm, taking on greater challenges and fostering more sustainable growth through collaboration with startups. Founded in 1999, NAVER is a rare example of a domestic search engine that has maintained its top position in South Korea for over 20 years and has established a strong presence in various business sectors including commerce, content, fintech, and cloud services. In addition to its own offerings, NAVER is building a strong global business portfolio through partnerships with industry-leading companies, including Poshmark, and Wattpad. NAVER recorded sales of KRW 9.6 trillion (USD 6.9 billion) in 2023. At the same time, under the technological vision of D2 (For Developers, By Developers), we are actively developing new technologies and collaboration initiatives to grow into a global tech company. To learn more, visit https://d2startup.com/en
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