14, Jul 2023
Akamai Charts Course for the Next Decade of Cloud Computing with New Sites, Services, and Capabilities
Bengaluru, India — July 14, 2023 — Akamai Technologies (NASDAQ: AKAM), the cloud company that powers and protects life online, today opened the doors on three cloud computing sites that bring to life the company’s vision for a new kind of cloud designed to meet the needs of modern applications that require higher performance, lower-latency, and true global scalability current cloud architectures were not built to provide.
The new sites mark the first major step in Akamai’s push to put compute, storage, database, and other services on top of the same underlying backbone that powers its edge network today — a massively distributed footprint spanning more than 4,200 locations across 134 countries.
“Distributed workloads require distributed infrastructure,” said Adam Karon, chief operating officer and general manager, Cloud Technology Group, Akamai Technologies. “Legacy, centralized cloud architecture was not designed for the demands of developers and companies challenged with delivering better user experiences that increasingly require putting applications and data closer to the customer.”
Akamai is taking a fundamentally new approach to cloud computing that shifts how developers and companies build, deploy, and secure applications and data across the entire continuum of computing from core to edge. For the rollout of the new sites, Akamai reimagined conventional data center design principles. In addition to scaling its core cloud computing services, Akamai also used its vast content delivery experience to connect each site to the company’s massive global backbone. In doing so, Akamai brings the simplicity, affordability, and accessibility of its Linode-based cloud computing services to larger commercial customers on an architecture built for the next decade, not the last.
Five New Sites
Strategically located in Paris, Washington, D.C., and Chicago, with Seattle and Chennai, India opening later this quarter, Akamai’s new sites feature a new architecture design and hardware configuration to enable high-performance, scalable cloud resources for commercial users on the Akamai global network.
Akamai’s new site in Washington, D.C., puts a stake in the ground in what is often considered the data center hub of the world. Northern Virginia contains more than half of the total primary data center market inventory in the United States.
The company’s new Chicago site gives Akamai customers access to cloud computing services in the fifth top data center market in the world. It’s an attractive replication option for latency-sensitive, multicloud workloads running in Philadelphia and Washington.
Akamai’s presence in Seattle gives the company access to a growing community of developer and startup customers. Seattle is the eighth-largest market in the U.S. and has become a major data center hub for companies in the Pacific Northwest.
Its new Paris site positions Akamai to help companies in the European Union address growing data sovereignty challenges. Paris has the highest density data center capacity in Europe.
Akamai’s new site in Chennai will give the company greater access to one of the largest IT hubs in India. In an April 2023 survey of its partners, Akamai found that 48% of respondents in India estimated that between 21-40% of IT budgets would be spent on cloud.
“Next generation applications demand cloud infrastructure that provides dramatically lower latency and better egress than what’s currently possible from today’s legacy cloud providers,” said Karon. “What we’re building is designed for that new world. We have a unique advantage of seeing the cloud from a different perspective than most given the nature of our business and customer base. And the feedback we increasingly hear, not only from our own customers but our competitors’ customers, is that our edge-in vision solves many of the scale and portability challenges they face with the current centralized cloud options available to them.”
New Premium Instances
The company also announced new premium instances that deliver consistent performance, predictable resource and budget allocation, and simpler SKU management for larger commercial workloads. The new instance types guarantee assignment to the best performing processor and hardware combination available. They can also make it easier to manage multiple deployments and upgrades without complicated SKU matching which can often see in excess of 100,000 changes a month across the top three legacy hyperscale providers. The new premium service, available across each of the company’s newly launched sites, adds to Akamai’s existing shared and dedicated offerings.
Doubling Object Storage Capacity
Additionally, Akamai announced it doubled the capacity of its object storage product to one petabyte and one billion objects per bucket. The upgrade allows businesses to access higher data volumes to build scalable, performant, and low-latency cloud-native applications and analytics solutions. Clusters with the increased limits will be available in the new sites announced today.
New Global Load Balancer
Lastly, the company announced plans to launch Akamai Global Load Balancer later this quarter, the first of several planned integrated services following Akamai’s acquisition of Linode. The new global load balancing capabilities ensure no single point of failure, routing traffic requests to the optimal data center to minimize latency.
Akamai Global Load Balancer bridges existing functionality of Linode NodeBalancers for local traffic load balancing, with existing Akamai Global Traffic Manager and Application Load Balancer services. The resulting integration allows customers to select between local and global load balancing across Akamai’s network and rapidly expanding number of sites. The introduction of Akamai Global Load Balancer is a critical component of Akamai’s connected cloud vision.
The new cloud computing sites and capabilities are part of Akamai Connected Cloud, a massively distributed edge and cloud platform for cloud computing, security, and content delivery that keeps applications and experiences closer and threats farther away. Announced in February, Akamai Connected Cloud builds on 25 years of experience scaling and securing the internet for the biggest companies in the world.
More information about Akamai Connected Cloud and Akamai Cloud Computing Services is available on the Akamai website.
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- By Neel Achary
14, Jul 2023
Paytient officially closes $7.5M in venture debt from Silicon Valley Bank to help Americans access and afford healthcare
Columbia, MO, July 14, 2023 – Paytient, the creator and leading provider of Health Payment Accounts (HPAs) on 13 July announced it has finalized a $7.5M venture debt facility with Silicon Valley Bank (SVB), a division of First Citizens Bank, which was first announced in January of this year. Since it was founded in 2018, the company has raised $55.5M in equity from leading investors including Mercato, Bertelsmann Investments, Lightbank, Felicis Ventures, Box Group, Lachy Groom, Left Lane Capital, Commerce Bank, Crossbeam Ventures, Cultivation Capital, and Inspired Capital.
Today, Paytient serves over 1,000 enterprise clients in partnership with most of the Fortune 100’s major payors. The company’s Health Payment Account solution is offered by three major carriers alongside individual marketplace health plans in seven states, four major dental carriers, and has been white labeled into a number of digitally forward health benefits companies like Gravie, who is thoughtfully enabling patient access via Gravie Pay. Members have given Paytient 4.9 stars on Trustpilot and a 90+ NPS.
The funds will be used to develop new product features for release later this year in pursuit of the company’s mission to not only ensure people have the power to pay for healthcare but also to help them more easily access quality care for better prices. As healthcare prices are expected to rise 7% in 2024, solutions that increase access while lowering costs are becoming increasingly important to payers and self-funded groups.
“In March, I shared my faith in our friends at SVB—particularly Dennis Grunt and Matt Johnson— and my belief that innovation will always outrun fear in the long run as they worked to rebuild trust. As promised, we have continued our relationship, and we are grateful for the faith they have put in us by extending capital we’ll use to grow in this next chapter of Paytient’s mission to help Americans better access and afford healthcare,” said Paytient founder and CEO Brian Whorley.
“With its innovative solutions and extensive partnerships, Paytient is helping Americans access and afford quality healthcare care,” said Dennis Grunt, Market Manager and Midwest and Mid-Atlantic Lead with SVB. “Silicon Valley Bank has a long-standing history of supporting companies, like Paytient, who are working to improve the lives of others. We’re excited to continue to work closely with Brian and the Paytient team and provide them with the financial products and advice they need to grow their business and help more people manage their healthcare costs. “
14, Jul 2023
Discover White Sharks and More in 3d! Cutting-edge, Interactive Shark and Ray Displays Bring the Ocean to Life
14 July 2023 – SHARK AWARENESS DAY
The Save Our Seas Foundation (SOSF) is bringing sharks to life, thanks to interactive 3D models that will be available across various platforms. Visitors to the World of Sharks website can investigate the biology and evolution of sharks and rays by rotating first-of-their-kind models online at the SOSF’s flagship information repository. Young South African learners will dive into unravelling the mysteries of different shark species and their lives on the SOSF Shark Education Centre’s website.
Have you ever wondered how many kinds of sharks there are? Which is the biggest shark or the fastest? For these answers and lots more, the Save Our Seas Foundation’s (SOSF’s) World of Sharks website is the one-stop shop for shark information. Designed to provide scientifically accurate information in an engaging format, World of Sharks is where you can find infographics, podcast episodes, species cards and topic pages covering everything you’ve ever wanted to know about sharks and rays.
“We wanted World of Sharks to be the ultimate shark FAQ – created to answer all the questions people want to ask about sharks and rays,” says SOSF CEO Dr James Lea. “Through engaging and accessible content, we hope to grow a repository of fascinating shark facts that people can trust.”
And now, with this latest addition, the website will host interactive 3D white shark and manta ray models designed by the Digital Life Project at the University of Massachusetts (UMASS) in collaboration with the SOSF.
“I was really wanting to create something 3D and interactive, where visitors to the World of Sharks can explore in an engaging way that highlights the unique physiology and evolution of sharks and rays and demystifies their unique adaptations,” explains Jade Schultz, content manager for the SOSF.
The Digital Life team, led by Professor Duncan Irschick, in collaboration with CG artist Johnson Martin and UMASS Amherst undergraduates Emma Hsiao and Braedon Fedderson, used media provided by the SOSF and data and open-access images to reconstruct these 3D shark species.
The interactive biology models enable website users to learn about different elements of shark and ray physiology. For instance, just allowing the cursor to hover over key features will bring up information on everything from how manta rays filter feed and why they are under threat to facts about how scientists use sharks’ dorsal fins to identify individuals in a population. The 3D models are open access, and free to view and download for non-profit use.
Although concerted efforts by researchers and educators are turning the tide for sharks and rays, significant challenges remain. More than one-third of these species are under threat of extinction, which means we still have much work to do to change misconceptions, banish misinformation and empower people with useful information so that they can also participate in conservation.
“The key to all our understanding of sharks – why they do what they do and what is needed to help them recover – relies on there being a foundation of basic, reliable life history information,” says Dr Lea.
The SOSF has a strong legacy of using communication and storytelling to do this, but this most recent commission with innovators from UMASS harnesses the power of creative design and technological advancement. The World of Sharks makes the reach for this kind of information global, but the SOSF is also excited to present very detailed and accurate information at the local scale.
Young visitors to the SOSF Shark Education Centre (SOSF-SEC) in Cape Town, South Africa, have an incredible opportunity to explore the rocky shores nearby in the Dalebrook marine protected area. This kind of in-person experience is irreplaceable, but to dive deeper into the reaches offshore requires technological wizardry and creative flair. A new website for the SOSF-SEC will host a diversity of 3D sharks that are found in False Bay, the largest bay in southern Africa. Children who would never otherwise dip below the waves to see these sharks will now be able to watch, for example, an endemic (found nowhere else in the world) catshark curl into a defensive doughnut-shape. Whether on iPads in the centre or at home online, learners can marvel at the most amazing feats of the sharks that live on their doorstep. Simulating behaviours like spyhopping in white sharks and demonstrating how sharks move in their environment give children an immersive experience, regardless of whether they have access to the ocean.
Still in the throes of the brainstorming and development that will expand these tools to their full potential, the director of the SOSF-SEC, Dr Clova Mabin, enthuses, “We also think that it might be possible to use the tools as a teaching aid in the classroom, to simulate field work. Learners could view them on the iPads and potentially take various measurements, comparing them across the different species.”
13, Jul 2023
Unprecedented Psoriasis Results: 92% Success Rate with Steroid-Free ARCTIVA™ Cream
SOLON, Ohio (July 13, 2023) – ARCTIVA™ Psoriasis Cream is an innovative solution for psoriasis sufferers, according to a third-party consumer panel. The independent study produced 47 data points over 60 days. It showed that 92% of users experienced calmer, more moisturized skin and significantly reduced psoriasis symptoms using the proprietary cream.
ARCTIVA Psoriasis Cream is a steroid-free, medicated formulation which features 2% salicylic acid as an FDA-approved active ingredient. It is the only psoriasis product enhanced with HYDROSURF™—a powerful blend of fermented ingredients that are ideal for products targeting dry skin conditions such as psoriasis. The formula also features key vitamins, essential oils and botanicals. The unique blend of synergistic ingredients provides significant relief of itching, redness and flaking. Consistent use of the cream led to continued improvement of psoriasis symptoms throughout the study.
“Our proprietary ARCTIVA Psoriasis Cream has been formulated with essential ingredients to provide deep relief and hydration to psoriasis sufferers,” said Vic Peroni, chief operating officer of ARCTIVA Wellness. “The study’s compelling results demonstrate that we have succeeded in developing an effective, steroid-free psoriasis solution to alleviate pain and irritation.”
The ARCTIVA™ Psoriasis Cream study revealed that users experienced significant improvements:
- After one day, 89% experienced soothed skin
- Within two weeks, 81% had less flakes and sloughing, while 89% experienced less itching
- Within 60 days, 92% experienced calmer, more moisturized skin
ARCTIVA Psoriasis Cream is manufactured in the U.S. and comes with a 60-day money-back guarantee. It can be purchased online at arctivaskin.com and Amazon.
13, Jul 2023
Capalona launches its new business loan
Capalona launches its new business loan comparison engine to help SMEs compare business finance products.
Flintshire, UK. 13th July 2023 – Capalona.co.uk is excited to announce its new and improved business loan comparison service, which now includes example costs of lender products, rates, monthly loan cost, and total repayable. There’s also now a ‘more details’ expandable panel to give borrowers more product information.
13, Jul 2023
Five ways to ensure digital platform security and avoid data breaches in 2023
It’s more important than ever to prioritise the security of digital systems, software and applications. Not only do robust online security systems protect personal privacy, but they also prevent financial losses, safeguard intellectual property, and help businesses comply with their legal obligations.
Data breaches can also severely damage an organisation’s reputation. When customer data is compromised, the company’s ability to protect its users’ sensitive information is doubted. This loss of trust can lead to a decline in customer loyalty, a decrease in sales, and ultimately, a significant negative impact on the business’s long-term viability.
The risk is exacerbated in companies that underinvest in cybersecurity, like the arts, entertainment and recreation sector which should spend seven times as much on IT as it currently does.
Fortunately, there are measures that businesses of all sizes, across all industries, can take to reduce these risks and ensure their digital platforms are safe and secure in 2023.
Jose San Miguel, Managing Director at white-label ticketing platform Nuweb Group comments: “Organisations must invest in robust cybersecurity measures, implement best practices, and stay vigilant to counter the evolving threats in the digital landscape.
“With the rapid adoption of cloud, remote work, SaaS apps, and distributed systems, the security landscape has expanded significantly. Every new system, network, and application creates potential vulnerabilities for attackers to exploit.
“From DDos attacks to credential stuffing, these threats highlight the need for companies to implement multi-layered security measures, conduct regular security assessments, and stay informed about the latest cybersecurity trends and best practices.”
Here are five ways businesses can ensure digital platform security and avoid data breaches in 2023:
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Implement 2-factor authentication (2FA):
Implementing 2-factor authentication provides your platform with an additional layer of security beyond just a username and password combination. By requiring multiple factors of authentication, for example biometric data, the likelihood of unauthorised access significantly reduces. This means that even if the initial security factor is bypassed, the attacker would still have other authentication factors to deal with.
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Regularly update and patch systems:
You should strive to stay up-to-date with the latest security patches and updates relevant to your platform’s operating systems, software, and applications, because many of these updates tend to identify and address vulnerabilities that can be exploited by attackers. The updates and patches can also fix software bugs and improve system stability. By regularly updating, organisations can ensure that their systems are running efficiently and therefore providing a better user experience.
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Conduct regular security audits and penetration testing:
You should perform regular security audits and penetration testing to help identify vulnerabilities and weaknesses in your systems, applications, and network infrastructure. This process involves actively testing your system’s security measures to discover potential weaknesses before they’re exploited. Any vulnerabilities that are identified should then be addressed promptly.
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Encrypt sensitive data:
By implementing robust encryption mechanisms to protect sensitive data, you can make it harder for perpetrators to access your organisation’s information. Encryption ensures that sensitive data remains confidential and accessible only to authorised parties. It transforms the data into an unreadable format that can only be decrypted with the right decryption key. This helps protect against unauthorised access, whether it’s due to data breaches, insider threats, or physical theft.
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Employee education and awareness:
Businesses should train employees on best practices for data security and raise awareness about potential threats such as phishing attacks. Try to encourage strong password practices, help your staff be able to recognise suspicious emails or links, and emphasise the importance of safeguarding sensitive information. Accreditations like CISSP and ISO 9001 in the UK can help with this.
13, Jul 2023
Indulge in Tea Bliss at Chaayos in Oberoi Mall
Mumbai, 13th July 2023: Oberoi Mall, one of Mumbai’s trendiest retail shopping destinations, is pleased to announce the successful opening of Chaayos in the mall. Chaayos, India’s premier chain of tea cafes, opened its doors to tea enthusiasts on July 1st, 2023, sparking a wave of enthusiasm and anticipation.
The union of Chaayos and Oberoi Mall represents a remarkable convergence of expertise and passion, promising guests an unrivalled voyage through the rich flavors and inviting atmosphere that characterize both brands. The second floor of Oberoi Mall has been completely revitalized with the opening of Chaayos, exuding an enchanting atmosphere that will leave visitors captivated. The design and decor have been meticulously constructed to create an immersive experience, blending the traditional charm of Indian chai culture with modern aesthetics. The result is a flavorful and visually appealing symphony that appeals to the discerning tastes of chai buffs and connoisseurs.
Chaayos stands out for its extensive collection of meticulously crafted teas that celebrate the diverse and exquisite flavors of Indian chai. With a thoughtfully designed menu, tea enthusiasts can expect an array of timeless classics and exciting fusions, all crafted using the highest quality ingredients and expert blending techniques. Whether you prefer the traditional masala chai or are eager to explore bold innovations like the Aam Papad Chai and the Kulhad Matar Chaat Chai, Chaayos caters to both purists and adventurous tea lovers with its diverse range of choices.
Commenting on the launch of Chaayos, Mr. Sameep Pathak – CEO, Oberoi Mall said “We are glad to have added Chaayos, a new rendezvous for all the chai lovers to our mall’s diverse culinary offerings. With its rich heritage of flavors and innovation, Chaayos is set to captivate our visitors with its exceptional range of handcrafted teas and delectable gourmet delights. Chaayos’ exquisite blend of traditional chai infused with modern innovation promises to delight your taste buds and warm your heart. It is with great pleasure that we welcome Chaayos to our mall, where exceptional moments wait in every sip. Cheers to a new era of tea indulgence!”
Nitin Saluja, CEO – Chaayos said, “At Chaayos, we are immensely proud to join forces with Oberoi Mall, a renowned hub of luxury and indulgence. This partnership signifies a significant milestone for us as we bring our expertise in crafting personalized tea experiences to enhance the mall’s exceptional array of premium offerings. Together, we are creating a seamless fusion of sophistication and sensory pleasure, ensuring that our visitors embark on a journey of indulgence unlike any other.”
13, Jul 2023
Unleash the power of MINI LED with Toshiba M650 Smart TV
New Delhi, 13th July 2023: Toshiba, a renowned global consumer electronics brand, will unveil its newest television, the M650, during the Amazon Prime Day sale starting on July 15th, 2023. The Toshiba M650 harnesses the power of Mini LED technology with Quantum Dot Color and Full Array Local Dimming Pro, paired with REGZA Engine ZR to power AI real-time scenario-specific optimization. This delivers tailor-made picture quality, creating an immersive viewing experience. With its integration of Dolby Vision IQ and HDR10+ Adaptive HDR technology, the M650 produces brighter brights and deeper blacks with amazing contrast. Audio, powered by Dolby Atmos with a dedicated subwoofer, produces deeper dimensions of sound all around you. The M650 becomes an entertainment powerhouse, providing stunning visuals and immersive audio for a truly cinematic experience.
The Toshiba M650 is designed in Japan with the essence of true craftsmanship. With its impressive design and build quality, it can easily fit into any décor. The Toshiba M650 will launch exclusively on Amazon during Prime Day with an exclusive launch offer of 4-year comprehensive warranty. The M650 will be launched with an inaugural price offer of Rs.54,999/- for the 55-inch model and Rs.74,999/- for the 65-inch model. These prices and offers will only be valid from July 15th to July 21st for purchases made on Amazon.
Mr. Pranab Mohanty, CEO of Toshiba Televisions, shared his vision about the launch. He stated, “Toshiba is the No.1 TV brand in Japan, carrying a rich legacy of tech-rich products. Being true to its philosophy of the Takumi spirit at the core of Toshiba, we strive to provide a quality of craftsmanship that meticulously goes into every aspect of our products, bringing exceptional home entertainment solutions that seamlessly integrate into consumer lifestyles. The M650 exemplifies our commitment to innovation and delivers an unparalleled, truly immersive, and captivating viewing experience to a whole new level of entertainment.”
Specifications and Features
Design
Toshiba M650, designed in Japan, combines pure anodized metal to achieve a stunning appearance and durable construction. Its sleek, elegant, and minimalist design captures attention with meticulous attention to detail. The M650 pushes boundaries, boasting an ultra-thin bezel that seamlessly blends into the display, delivering an immersive viewing experience. The TV’s slim, bezel-less design and pure metal stand exude sophistication. Furthermore, the M650 proudly holds the ROHS certification, symbolizing Toshiba’s dedication to environmental sustainability and the creation of eco-friendly products.
Display
The Toshiba M650 comes with new 4K Mini LED technology with Quantum Dot Color and Full Array Local Dimming Pro, which elevates your viewing experience and immersion. It offers a plethora of features such as Dolby Vision IQ, HDR10+ Adaptive, Dolby Atmos, REGZA Sound, Dialogue Enhancer, 360 Sound Upscaling, and many other impressive features designed to enhance the viewing experience. The REGZA Engine ZR is the heart that powers the TV’s AI features, including super contrast booster, color remaster pro, and picture optimizer technology, to name a few. This technology makes the viewing experience as realistic as possible by intelligently tailoring the picture quality based on recognized scenarios.
The Ultravision 120 technology ensures smooth motion and improved clarity while gaming with ALLM and VRR for a smooth and high refresh rate gaming experience. The M650 also incorporates I-Care Blue technology to minimize eye strain during long viewing sessions.
Performance
The Ultravision 120 by Toshiba TV enhances gaming experiences with its ultra-low latency, stunning visuals, and improved refresh rate. The Game Mode immerses users in the action, eliminating stuttering, tearing, and smearing for seamless gameplay. Toshiba TV delivers the ultimate gaming journey, whether battling foes or exploring virtual worlds.
REGZA Power Audio Pro provides captivating audio with powerful bass and crystal-clear vocals. The meticulously fine-tuned audio system brings every scene to life, immersing users in a rich soundscape. The dramatic REGZA Bass Woofer fills the room with deep, resonant bass. Combined with carefully calibrated amplifiers and clear direct speakers, vocals are rendered with impeccable clarity. Users can lose themselves in the audio excellence of REGZA ZR Audio.
Sports enthusiasts will appreciate the AI Sports Mode, which optimizes settings for an enhanced sports viewing experience, capturing every detail of the game with precision.
The Toshiba M650 offers seamless connectivity options, including HDMI, Bluetooth Audio, dual-band Wi-Fi (2.4G+5G), and USB ports. It also supports Apple AirPlay, allowing users to stream movies, music, games, and photos directly from their iPhone, iPad, or Mac to the TV screen. With multiple voice assistant options such as Alexa, VIDAA Voice, and Google Assistant, users can effortlessly control their TV and access a wide range of content using simple voice commands.
Price and Availability
The Toshiba brings an inaugural launch offer with a comprehensive four-year warranty and a special price on the M650, 55 inches for Rs. 54,999/- and 65 inches for Rs. 74,999/-. This offer is available for purchases made on Amazon between the 15th and 21st of July.
13, Jul 2023
‘Fawry’ launches myfawry “yellowcard” prepaid card, in cooperation with Banque Misr and Egyptian Banks Company ‘Meeza’
Cairo, Egypt – 13 July 2023 – Fawry, the leading provider of banking and electronic payment technology services, announced the launch of the myfawry “yellowcard”, in cooperation with ‘Banque Misr’, and ‘Egyptian Banks Company “EBC”, operator of the national payment system ‘Meeza’.
The cooperation highlights Fawry’s efforts to develop electronic means for digital payments to facilitate financial transactions for individuals and merchants to build a cashless society, based on the directives of the National Payments Council headed by His Excellency President Abdel Fattah El-Sisi and the initiatives of the Central Bank of Egypt to support the digital economy.
“yellowcard” is a prepaid debit card linked to ‘myfawry’ application that operates through the national payment network ‘Meeza’, so that it can be used easily in all transactions through the application.
“yellowcard” works in all places that provide electronic payment services, such as shops, malls, restaurants, and online shopping sites, in addition to the possibility of using it through ATMs for withdrawals and deposits, as well as all POS machines spread throughout the country, in order to facilitate financial transactions for citizens.
Moreover, the card provides many solutions and features for all card holders, such as paying for more than 415 services, including mobile phone services, electricity, water, gas, and landline bills, in addition to microfinance installment collection services, payment of social insurance contributions, school and university expenses, etc., as well as the ability to control expenses through monthly limits and monitoring all transactions.
Through easy and simple procedures, all customers can get the card starting from the age of 15, by submitting a request, and the request takes place immediately with the national ID card and is activated on the same day through more than 220 FawryPlus branches spread across all governorates of the country.
In addition, the ‘yellowcard’ allows full financial control over payments with the ability to monitor expenses and you can easily load it with money through myfawry app, Instapay application or Fawry POS devices.
‘Fawry’ is working hard to develop more features and services for the “yellowcard”, and those services will be announced successively during the coming period.
‘Fawry’ CEO, Eng. Ashraf Sabry, expressed his happiness with the partnership with ‘Banque Misr’ and the national payment network ‘Meeza’, as part of ‘Fawry’ company’s constant endeavor to strengthen the partnership with the Egyptian banking sector, especially “Banque Misr” for its pioneering role in the field of Banking services and digital payments.
He pointed out that Fawry’s partnership with Banque Misr comes within the framework of implementing the Egyptian state’s strategy to digitize Egypt and to stimulate digital services in financial transactions to create a cashless society.
Sabry also praised this step, which aims to expand the company’s services, providing ‘Fawry’ customers with the ability to perform all their electronic payments effortlessly by using an integrated package of electronic payment methods through “yellowcard”, stressing that it is characterized by the best high-level technologies that secure customer data by using the latest smart chip technology.
Mr. Akef El Maghraby – Vice Chairman of the Board of Directors of Banque Misr said that the signing of this protocol comes within the framework of the bank’s contribution towards implementing the Central Bank of Egypt’s strategy to enhance financial inclusion, as ‘Banque Misr’ seeks to cooperate with various partners and digital platforms that contribute to advancing financial and digital inclusion. He also appreciated the partnership with ‘Fawry’ and the national payment network ‘Meeza, which operates within this framework and works to enhance access to the cashless society; This is by providing the latest financial technology services and digital products, as it has become necessary to keep pace with the development and prosperity of financial technology in order to support the economy and stimulate technological companies that have become an integral part of the national economy.
Al-Maghrabi also stressed that this protocol comes in line with the Egyptian state’s directives to accelerate the steps of the comprehensive and sustainable development path. He pointed out that digital transformation and support for financial technology will continue to benefit from the promising new paths of economic and financial development, with the aim of supporting growth and enabling more segments of society to obtain appropriate financial solutions for them.
Engineer Tarek Raouf, Executive Chairman and CEO of Egyptian Banks Company for Technological Advancement- EBC, commented: “In line with the Central Bank of Egypt’s vision, Egyptian Banks Company enables the shift to electronic payments through building and modernizing a robust technological infrastructure for national payment systems and networks, in compliance with international standards. EBC takes pride in operating Egypt’s domestic card scheme as a leading national brand “Meeza”, with customer base exceeding 33 million cards”.
He added: “The continued collaboration among key players in the payments ecosystem fosters financial inclusion of new segments.
This cooperation is in line with EBC’s strategic endeavors of Meeza National scheme to roll out a variety of card products addressing needs of diverse customer segments.
13, Jul 2023
SentinelOne® Bolsters India’s Cyber Defenses
MUMBAI – July 13, 2023 – SentinelOne (NYSE: S), a global leader in autonomous cybersecurity, is amping up its offerings in India. The company today announced the launch of a virtual data center in Mumbai that will enable the growing number of Indian companies that rely on SentinelOne to shield their business from cyber-attacks in a simple, compliant way.
“Cyber criminals are moving faster than ever, and companies must move with even greater speed to thwart their actions,” said Diwa Dayal, Managing Director, India and SAARC, SentinelOne. “At SentinelOne, we understand the stringent reporting requirements that Indian organizations must meet. And with the launch of our local data center, we are uniquely positioned to help them do it.”
Cyber attacks are on the rise. And no industry is immune. But some are more vulnerable than others. With SentinelOne, banking, financial services, healthcare, government, and other organizations that are sensitive to data residency and privacy needs can leverage AI-powered protection to keep their assets secure.
SentinelOne’s Singularity™ platform is a unified solution that combines endpoint protection, cloud security, identity threat detection and response, and data ingestion with analytics in a single console. Using a native back end and the industry’s most performant security data lake, the solution offers complete data localisation and sovereignty with an India-based AWS Point-of-Presence (PoP). It is also the first open XDR solution in India that delivers complete data localisation and sovereignty. Hosted by SentinelOne strategic partner AWS, the Mumbai cloud data center will provide direct, high-performance access to the Singularity platform, while allowing organizations to store their logs within Indian borders.
“At SentinelOne, our mission is to defeat every attack, every second, of every day,” Dayal said. “And our new data center is a testament to our commitment to India and to keeping its infrastructure and citizens safe as the threat landscape evolves.”
Leading Indian businesses – including Dhanuka and Sir Ganga Ram Hospital – use the SentinelOne platform to enhance their security posture and maintain the safety of critical infrastructure on which the country and its people rely. And they are joined by more than 10,000 other customers, including Fortune 10, Fortune 500, and Global 2000 companies, and prominent governments around the world. Click here to learn more about the results they are achieving.
