Category: MENA

SINGAPORE, July 25, 2022 /PRNewswire/ — During Huawei Intelligent Finance Summit 2022, Huawei and Murong jointly release the Mobile Payment and Micro Finance Solution. This solution reflects the leading technologies innovation for inclusive finance which makes inclusion possible to meet the opportunities and challenges of Financial Industry.

Digital transformation and innovation are developing rapidly. The opportunities and challenges coexist in the post-pandemic era, like cashless, cardless, contactless, etc. The number of mobile wallet users has grown rapidly. Mobile Payment market scale expect to increase to 1.3 Billon by 2023,  surpassing credit cards and cash with rapid adoption. The FinTech investments and innovation are increasing year by year.

In one word, the requirement to Mobile Finance and Micro Finance is becoming necessary to the people and connecting the diversified lifestyle.

Huawei and MuRong released this joint solution for Mobile Payment and Micro Finance to help banks to build a “1+4+7” end-to-end solution.

“1” means a Cloud-Native platform, which is provided by Huawei,

“4” demonstrates the 4 types of financial applications, which are Micro Saving, Micro Loan, Mobile Payment and Digital Marketing. These applications are operated on the MuRong Inclusive finance service platform,

“7” includes specific products, which are SuperAPP, Micro Saving, Micro Loan, Open Banking, Digital Payment, Digital Marketing and Digital Operating.

Besides, “N” likewise, banks can provide N kinds of financial scenarios, connect end users, and help merchants Acquiring customers, greatly enhancing the bank’s attractiveness to merchants.

It indicates that through this solution, Commercial bank, Payment Institution, Telecom Operator and Fintech Company can be connecting and jointly innovating to benefit each other accordingly.

Global Senior Consultant of MuRong Technology Solution Center, Han Yidong said, “MuRong is the global leading provider of digital financial IT solutions, we have cooperated with Huawei to integrate digital technology innovation to explore the markets of inclusive finance.”

“Looking back the journey of cooperation between Huawei and Murong, the concrete achievements have already been reached. Furthermore, the joint innovative solutions also is in progress, expecting more cooperation with MuRong to create new value together for our customer.” said Song Danping, President of Global Ecosystem Cooperation，Huawei Global Digital Finance.

Looking ahead, Huawei will continue to incubate the more finance solutions, by using innovative technologies and cooperating with partners, to accelerate more joint solutions for global financial customers to move towards Shaping Smarter and Greener Finance.

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NEW YORK, July 24, 2022 /PRNewswire/ — Following a successful seminar on July 4th, New Heaven New Earth, Shincheonji Church of Jesus, the Temple of the Tabernacle of the Testimony, hosted an online event on Saturday, July 23rd for pastors and church leaders around the world.

Titled “Prophecy and Fulfillment of the Old and the New Testaments,” the new Bible seminar testified to the 66 books of the Bible’s secrets of the kingdom of heaven and the new covenant, the Revelation. The event featured Shincheonji Church Chairman Lee Man-hee as the main speaker, who explained the entire book of Revelation, chapter by chapter.

Chairman Lee emphasized that the prophecy of the book of Revelation was fulfilled and came true. He asked listeners to confirm and believe the testimony of the witness who saw the fulfillment of the events of Revelation. He also spoke directly to the pastors attending the seminar.

“Pastors who have hope in heaven must make a decision right away,” Chairman Lee said. “According to the Bible, according to God’s will, we must receive the book and hear from the person who witnessed this work in the field.”

A series of Shincheonji Church seminars released since the fall of 2021 have attracted more than 20 million YouTube viewers globally. Seminar content has included the introductory, intermediate and advanced curriculum of the church’s mission center, which teaches the Bible from Genesis to Revelation, free of charge.

In 2019, 103,764 students graduated from the Zion Christian Mission Center after completing a rigorous theology course in less than one year. Even when the Covid-19 pandemic reached its peak, the mission center had more than 20,000 students graduating in 2020 and 2021, respectively. Another graduation of 100,000 students is planned for the end of 2022.

Shincheonji Church’s rapid growth has also continued despite slander and persecution from politicians and more established Christian groups and denominations.

Interest in its teachings and ability to explain the entire Bible clearly has led to requests for the church’s educational materials domestically and abroad. Thousands of pastors across multiple continents agreed to sign an MOU (memorandum of understanding) with Shincheonji Church, opening the door for collaboration.

Contact: revelation@scjamericas.org

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CAPE TOWN, South Africa, July 22, 2022 /PRNewswire/ — World-renowned electronics manufacturer Hisense is preparing for a virtual launch of its 2022 product line-up in a cinematic experience never seen before.

Hisense South Africa is gearing up consumers to say ‘Hi’ to Elegance as it launches its new stable of the most premium and select TVs, refrigerator solutions and other home appliances.

A global leader in electronics, Hisense has themed the launch event, scheduled to take place on Friday, 22 July, around Leisure, Reimagined – Keeping in line with the innovative, premium reputation it has become synonymously known for.

As the event theme implies, the Hisense 2022 Virtual Launch will allow South Africans to say ‘Hi to Elegance’ by welcoming the Hisense products into their homes, along with style and elegance brought to each room.

Friday’s video launch event is expected to be nothing short of cutting edge, as the manufacturer has been hard at work to showcase its latest stable in an experience never seen before. The company has done its utmost to launch each of its products in a unique way that is relatable to consumers.

Hisense’s range of appliances, launching this week, will offer high, high-quality solutions that will allow South Africans the opportunity to Reimagine their leisure time while they upgrade and innovate their homes, making more time for the more important things in life – moments with family and friends, relaxing, and enjoying entertainment.

Consumers can expect to witness each new Hisense product and all the relevant ‘need-to-know’ information, allowing them to make a more informed purchase. Viewers of the launch can also stand a chance to win exciting prizes valued at R50 000.00.

A sneak peek at the line-up for the Hisense 2022 Virtual Launch for the South African market reveals an exciting range of the most premium products across all its consumer portfolios, including:

• Hisense 100L9G – Hisense’s latest Laser TV projects up to 100″ with 4K resolution, using the VIDAA smart TV Operating System to deliver a nearly endless supply of content.
• Hisense 2022 ULED series – The new ULED stable of TVs harness quantum dot technology to display in over a billion different colours for stunning content that can be controlled via voice commands.
• Hisense H780SB-IDL Refrigerator – Offering huge capacity, WiFi-connected with Super Freeze, Super Cool, and Eco Modes – The H780SB-IDL Refrigerator is one of the most elite available on the market.
• Hisense U5120G Soundbar – The perfect companion for any TV, the Hisense U5120G Soundbar houses 11 speakers and comes with a powerful wireless subwoofer to give users a cinematic surround sound experience.
• Hisense WFQR1214VAJMWT Front Loader Washing Machine – A 12kg powerhouse equipped with Hisense auto-dosing technology, the self-developed Jet Wash system, and a built-in smart LED display.
• Hisense H60 Zoom – Meet Hisense’s latest premium smartphone with a curved AMOLED display with face and fingerprint unlocking features.

Consumers are invited to attend the launch event HERE on Friday, 22 July at 14:00 for our live Virtual Launch while preparing to Reimagine Elegance and Leisure.

Attendees of the launch event stand a chance to win a share of R40 000 in prizes consisting of Hisense products and a further R10 000 in @Home vouchers, among other great deals and giveaways.

With a product line-up ranging from entertainment, home appliances, mobile, and air conditioning, Hisense has distributed its products to over 3 000 chain stores and 500 home appliance franchise stores in South Africa.

Its regional manufacturing base in South Africa, established in 2013, has continuously upgraded its technological capabilities and increased production capacity for TVs and refrigerators. It will also enable it to constantly offer its ‘reimagine your life’ products to South African consumers.

SINGAPORE, July 21, 2022 /PRNewswire/ — July 20, the three-day Huawei Intelligent Finance Summit 2022 officially begins at Sands Expo and Convention Centre. Under the theme of “Shaping Smarter, Greener Finance”, the summit is bringing together financial industry leading figures, KOLs, academic experts, and innovative practitioners from more than 30 countries around the world to discuss the future development of the financial industry, exploring how to build smarter and greener finance together.

Huawei proposed three core elements for gaining competitiveness in the financial industry, upon the arrival of the super digitalization era

With the fully connected intelligent world on its way, both the economy and society are transforming towards two major trends of digitalization and sustainable development. In face of changing financial service scenarios and business models in the digital era, the financial industry is met with a growing demand for rapid business innovation and ultimate customer experience, which further speeds up its pace of transformation. To cope with the complex and dynamic nature of digital transformation, it is necessary for the financial industry to rebuild its core competitiveness amidst the digital era in order to realize the vision of intelligent finance.

“Better connections, stronger intelligence, and more scenarios are the key to building competitiveness of digital finance,” Ryan Ding, President of the Huawei Enterprise BG, pointed out, “Following the concept of co-creation, sharing, and win-win, we are working with our customers and partners in finding a way towards Shaping Smarter, Greener Finance, Creating New Value Together.”

Huawei announced three strategic initiatives, advancing the digitalization of the financial industry in the new era.

Jason Cao, CEO of Huawei Global Digital Finance said in his speech, “Technology, especially the connection and intelligence, continues to drive the development of the financial industry. In 2022, we have officially entered into the ZFLOPS era for AI computing power. With the development of AI, we will embrace super-personalization. By 2025, more than 100 billion physical connections will lead to financial services for ‘things’. In the future, smart contract will enable intelligent decision-making possible everywhere. New service and product models will emerge one after another. However, end-to-end user experience, real-time processing of massive data, and O&M and management of more complex networks and multi clouds will all become challenges for the financial industry. We are facing opportunities as well as challenges. ”

To build smarter and greener finance based on better connections, stronger intelligence, and more scenarios, Huawei announced three strategic initiatives for the financial sector during the summit.

1. Smarter: smarter customer engagement solutions to improve digital experience; data and intelligent converged platform to build real-time data capabilities; hybrid multi-cloud architecture to make cross-cloud management easier and services more agile.
2. Greener: autonomous digital infrastructure to help financial institutions achieve high efficiency, availability, and performance and facilitate collaboration of multi-technology, heterogeneous technology, and hybrid multi-cloud.
3. Together: Build a global ecosystem cooperation platform and put forward three upgraded initiatives for the Financial Partner Go Global Program 2.0 (FPGGP): develop more solution partners; expand FPGGP to global consulting and service partners; develop local sales and service partners for providing FPGGP solutions locally.

Working with global clients and partners, shaping smarter and greener finance

During the summit, Huawei and DBS announced the establishment of the Innovation Showcase at DBS Newton Green.

Huawei also signed a Memorandum of Understanding (MOU) with OCBC Bank to bolster the bank’s digital transformation in Southeast Asia and the Greater Bay Area in three key initiatives: Green Branch and Buildings with Smart IoT; Data Science and Artificial Intelligence (AI) Innovation and Cloud Adoption Acceleration.

Meanwhile, Huawei released the Digital Banking 2.0 Solution leveraging Temenos open platform. The solution supports the quick launch of digital banks and helps larger banks accelerate their modernization in the cloud. This greatly improves the rollout efficiency and customer satisfaction.

In the coming days, Huawei will sign a number of cooperation agreements with several financial institutions, and unveil a wide variety of products and solutions jointly created with partners, covering various business scenarios.

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SINGAPORE, July 21, 2022 /PRNewswire/ — During Huawei Intelligent Finance Summit 2022 — Huawei, launched the Digital Banking 2.0 solution leveraging Temenos open platform, and discussed with customers and top partners in the financial industry about how to build a cloud-native architecture to achieve business agility and industry innovation.

Digital banking is a global trend

Facing fierce competition with Internet giants, banks are transforming from providers of traditional financial services to those of new digital financial services based on the industry ecosystem. New technologies — such as cloud-native, open API, and big data — as well as the new economic environment have been driving digital banking to be open, intelligent with seamless integration capability.

Banks have to go digital to meet the various new requirements in new scenarios, and digital banking is an inevitable choice. Indeed, global digital banks have undergone explosive growth in recent years. According to the statistics of Simon-Kucher’s new bank database, 153 digital banks emerged in 2020 and 2021, and this number will continue to rise in the future.

Huawei releases Digital Banking 2.0 Solution leveraging Temenos open platform supporting banks’ architecture transformation and business innovation

During the summit, Huawei released the Digital Banking 2.0 Solution leveraging Temenos open platform. This new Digital Banking solution is an upgraded solution and uses Temenos open platform for composable banking to provide cloud-native, core banking functionality and data capabilities. The solution supports the quick launch of digital banks and helps larger banks accelerate their modernization in the cloud. This greatly improves the rollout efficiency and customer satisfaction.

Digital Banking 2.0 Solution enables fast service integration and rollout based on a cloud-native architecture, providing core banking functions for banks. The solution has the following key capabilities:

1. Pre-integrated: The solution certified with Temenos and other partners in the industry offers a complete and comprehensive function stack of digital banking for customers in different business scenarios, such as retail, corporate and Islamic banking, etc.
2. Agile: The solution provides composable banking services that allow new services to be developed and iterated through simple assembly. At the same time, the cloud-native system is highly scalable and cost-effective, requiring less initial investment.
3. Open: The platform provides open APIs for third-party invoking and integration. It enriches the ecosystem and supports more business scenarios. All of this results in improved system operational efficiency and user satisfaction.

Neo Gong, Senior Solution Director of the Huawei Enterprise BG Digital Finance, introduced, “Digital Banking 2.0 can be delivered in the SaaS or cloud foundation model. This solution helps customers improve their efficiency of business operations and cost management, so that they can focus more on service innovation and ecosystem development. Based on the collaboration with Temenos, a leading open platform for composable banking, this solution provides rich core banking functionality for banks.”

Through building an agile, elastic, secure and reliable cloud foundation, and integration with partners to build scenario-based financial solutions, Huawei is committed to further promote the development and innovation of financial services, shaping smarter, greener finance together.

About Huawei Intelligent Finance Summit 2022

Huawei Intelligent Finance Summit is Huawei’s annual flagship event for the global financial industry. HiFS 2022 runs from July 20 to 22 in Singapore. With the theme of “Shaping Smarter, Greener Finance”, Huawei Intelligent Finance Summit brings together leading figures, KOLs, academic experts, and innovative practitioners in the global financial industry to discuss how to shape green and digital finance in light of the future development trend of the financial industry. For more information, please visit: https://e.huawei.com/en/special_topic/Industry/finance/2022-finance-summit

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