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Ant Group Explores Alipay+ Expansion to Indonesia for CrossBorder Payments

According to Peng Yang, CEO of Ant Groups international business group, the company is in talks with Indonesia to launch its Alipay+ crossborder payme

According to Peng Yang, CEO of Ant Groups international business group, the company is in talks with Indonesia to launch its Alipay+ crossborder payment service. Launched in 2020, Alipay+ enables transactions in foreign markets utilising local ewallets, facilitating crossborder payments for global merchants and ewallet users. Yang stated that the business hopes to begin this year and would work with Indonesias central bank to provide operational guidelines. With the approval of both parties, Ant Group, which is associated with Alibaba Group, aims to increase the size of its financial services presence in Indonesia. Read More..

B2B Tech News | 5 hours ago        

Nigerias Daily Crude Oil Production Falls to 1.2 Million Barrels in March

OPEC data shows that Nigerias average daily crude oil output fell to 1.2 million barrels in March from 1.3 million in February. Given that the nation

OPEC data shows that Nigerias average daily crude oil output fell to 1.2 million barrels in March from 1.3 million in February. Given that the nation wants to produce 1.7 million barrels per day, including condensate, by 2024, this decline presents serious obstacles. A significant amount of Nigerias projected income is at risk because of the output deficit related to theft, vandalism, and repair activities. The 2024 budget places a heavy emphasis on oil sales, which is why there is a growing need to diversify sources of revenue. Isaac Botti emphasizes bringing back underutilized industries like manufacturing and agriculture, which have historically been important to Nigerias economy. Heineken Lokpobiri, Minister of State for Petroleum Resources, guarantees prompt corrective action to solve production problems. Read More..

B2B Tech News | 5 hours ago        

Wipro Shares Surge 2.4% on Strong FourthQuarter Results

Following its fourthquarter results, which exceeded analysts forecasts and raised confidence in the leadership of new CEO Srinivas Pallia, Wipros shar

Following its fourthquarter results, which exceeded analysts forecasts and raised confidence in the leadership of new CEO Srinivas Pallia, Wipros shares increased by 2.4%. At 1.8% higher, the company is now leading the advances on the Nifty IT index. Despite this rise, Wipros shares have decreased by 4% this year, which contrasts with the performance of its bigger competitors, TCS and Infosys. Pallia stresses expansion above all else in the face of difficulties facing the Indian IT industry. Analysts predict Pallia will improve deal wins and expand on organisational simplicity. Nevertheless, several analysts have reduced Wipros target price in the wake of the findings, and some have even downgraded the company, indicating a cautious attitude despite the encouraging outcomes. Read More..

B2B Tech News | 5 hours ago        

Malaysia Unveils Plans for Southeast Asias Largest Integrated Circuit Design Park

Malaysia has revealed plans to create Southeast Asias largest integrated circuit design park to lure international IT businesses, complete with tax ex

Malaysia has revealed plans to create Southeast Asias largest integrated circuit design park to lure international IT businesses, complete with tax exemptions and subsidies. Prioritising Kuala Lumpur as a digital centre for the area, Malaysia hopes to rise in the global startup ecosystem index by 2030. Prime Minister Anwar Ibrahim emphasises the transition in the semiconductor sector from assembly and testing to highvalue frontend design work. With funding from the state of Selangor, the park will work with multinational behemoths like Arm Holdings. To further encourage job creation and entrepreneurial potential, Khazanah Nasional will also create a fund to invest in Malaysian businesses. Incentives such as reduced tax rates and subsidised office premises are also intended to entice global venture capital firms and digital unicorns. Read More..

B2B Tech News | 5 hours ago        

Redfox Security Ventures into Indian Market, Spearheading Cybersecurity Innovation

Under the inspiring direction of Karan Patel, Redfox Security, a company wellknown for its cuttingedge penetration testing services, is making inroads

Under the inspiring direction of Karan Patel, Redfox Security, a company wellknown for its cuttingedge penetration testing services, is making inroads into the Indian industry. Redfox wants to completely transform Indias cybersecurity market by using a proactive strategy and cuttingedge training programmes. Their virtual training programmes, live conferences, and online school are creating the future of cybersecurity and altering industry norms. Redfox is a penetration testing specialist that works with companies of all sizes. To guarantee reliable findings, the company uses a manual, researchintensive process. Targeting important industries like banking, healthcare, and government, Redfox intends to use its experience to protect institutions throughout India. Redfox is positioned to rise to prominence in cybersecurity because of its dedication to talent development and international growth. Read More..

B2B Tech News | 5 hours ago        

Pegasystems Introduces GenAI Coach AIPowered Mentor Embedded in Workflows

Pegasystems has introduced Pega GenAI Coach, a mentordriven by generative AI integrated into Pega products and helps customers achieve their goals. In

Pegasystems has introduced Pega GenAI Coach, a mentordriven by generative AI integrated into Pega products and helps customers achieve their goals. In contrast to disjointed AI solutions, GenAI Coach effortlessly integrates into processes, contextually analysing data to provide customised recommendations. Supervisors learn how their team is performing, and staff members get tailored guidance on overcoming challenges and increasing output. Coaches may be set up to support company goals, improve the sales forces productivity, simplify backoffice processes, and accelerate medical claims processing. Based on the Pega GenAI architecture, Coach guarantees enterprisegrade audibility, security, and interaction with Pegas AI capabilities, promoting efficient and wellinformed decisionmaking throughout intricate processes. The Chief Product Officer of Pega, Kerim Akgonul, claims that GenAI Coach increases productivity and decisionmaking by enabling staff members to obtain excellent advice swiftly Read More..

B2B Tech News | 5 hours ago        

Akamai and NVIDIA Collaborate to Revolutionize Media Processing with New GPUPowered Service

Akamai Technologies has unveiled a new mediafocused solution that uses NVIDIA GPUs to improve the productivity and costeffectiveness of the media and

Akamai Technologies has unveiled a new mediafocused solution that uses NVIDIA GPUs to improve the productivity and costeffectiveness of the media and entertainment sector. The cloudbased solution, driven by the NVIDIA RTX 4000 Ada Generation GPU, solves common workload issues for streaming service providers by processing video footage 25 times faster than conventional CPUbased techniques. It helps businesses to utilise Akamais global edge platform, construct scalable infrastructures, and deploy quicker, more dependable workloads. The solution all catered to mediaspecific tasks such as live streaming, VR/AR content rendering, data analysis, scientific computing, gaming, and highperformance computing. With an emphasis on optimising GPUs for the media sector, Akamai offers a customised solution that improves speed and efficiency for various use cases. Read More..

B2B Tech News | 5 hours ago        

Vodafone and LTIMindtree Collaborate to Drive Digital Transformation with IoT

LTIMindtree offers linked solutions for Industry X.0 and digital transformation in collaboration with Vodafone, a pioneer in managed Internet of Thing

LTIMindtree offers linked solutions for Industry X.0 and digital transformation in collaboration with Vodafone, a pioneer in managed Internet of Things IoT. With the help of Vodafones IoT Managed Connectivity and LTIMindtrees iNXT platform, the partnership seeks to solve challenging business problems in several industries. The cooperation aims to enhance revenue growth, cost efficiency, and sustainability using AI, machine learning, predictive maintenance, and other sophisticated capabilities. Gemma Barsby, the UK Head of IoT at Vodafone, emphasises the potential for enhanced productivity and realtime IoT managed services delivery. The Chief Business Officer of LTIMindtree, Monish Mishra, highlights the value of ongoing innovation in the current economic climate and anticipates working with Vodafone to accelerate industrial digital transformation. Read More..

B2B Tech News | 5 hours ago        

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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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