Connect with us

Technology

FPT Smart Cloud sets its sights on Indonesia: unleashing AI innovation to transform financial market

Published

on

Armed with a rich portfolio of AI-driven solutions and backed by an illustrious track record, FPT Smart Cloud aims to empower businesses, optimise operations, and foster sustainable growth across various sectors, particularly the banking, finance and insurance industries in Indonesia – the largest economy in the Southeast Asia.

JAKARTA, Indonesia, May 18, 2023 /PRNewswire/ — With a proven track record of delivering cutting-edge AI solutions and an unrivaled expertise in the field, FPT Smart Cloud aims to replicate its success in Vietnam by bringing its innovative AI technologies to empower businesses and industries in Indonesia.

One notable recent event showcasing FPT Smart Cloud’s capabilities and commitment to the finance sector was its participation in the Retail Banking Asia Summit, held in Jakarta on May 17. The event served as a platform for industry leaders to discuss the evolving role of data and AI in banking.

Among the attendees was Le Hong Viet, CEO of FPT Smart Cloud, who actively contributed to high-level panel discussions, sharing insights on harnessing the power of data and AI to drive innovation in the banking sector with other business leaders from Home Credit Indonesia, CIMB Bank, and OCBC INSP.

With a strategic focus on capturing the Banking, Finance, and Insurance (BFI) sector, FPT Smart Cloud aims to establish itself as a prominent player in the Indonesian AI market. However, questions were raised at the event regarding the increasing popularity of new technologies and the challenges and opportunities that AI solution developers like FPT Smart Cloud face in the rapidly evolving AI domain.

Viet highlighted the company’s specialisation in developing conversational AI platforms that create task-oriented virtual agents for businesses.

“FPT Smart Cloud offers a comprehensive AI ecosystem that includes an AI platform and Cloud Computing services. This broader scope enables us to provide end-to-end AI solutions, from conversational AI and virtual assistant to automated operations and enhanced customer experiences,” he said.

FPT Smart Cloud has solidified its position as the preferred AI partner for over 100 businesses worldwide through its flagship product, FPT.AI, serving millions of end-users in finance, insurance, banking, e-commerce, healthcare, and logistics.

Viet further emphasised that FPT.AI’s Conversational platform helps clients automate up to 95 percent of customer engagement while significantly increasing customer satisfaction.

“Notably, one of our biggest clients in consumer finance, successfully serves more than six million customers through virtual assistants, resulting in substantial operational cost savings of up to 60 percent,” he noted.

Indonesia, the largest economy in Southeast Asia with a population of over 270 million, is rapidly becoming a hotbed for technological advancements.

With an impressive AI adoption rate of approximately 24.6 percent, the highest among Southeast Asian nations, Indonesia has demonstrated its readiness to embrace cutting-edge technologies. The total contributions of AI applications to Indonesia’s GDP from 2020 to 2030 are projected to reach a staggering $366 billion.

With a promising outlook and a fast-paced digital transformation journey, it comes as no surprise that FPT Smart Cloud has chosen to embark on this exciting venture.

On the product front, the company has developed and refined its natural language processing (NLP) technology for Bahasa Indonesia, covering both text and voice. FPT Smart Cloud’s team of experts has collaborated with the Informatics & Business Institute Darmajay in Indonesia to jointly develop research projects on processing Bahasa Indonesia language.

Viet also revealed, “With a steadfast presence in Jakarta since 2017, our dedicated team of world-class professionals stands ready to offer unwavering support to clients and potential partners alike.”

On the flip side, FPT Smart Cloud recognises the importance of cultural synergy between Vietnam and Indonesia. This cultural affinity lays a solid foundation for FPT Smart Cloud to seamlessly integrate with local businesses, co-create innovative solutions, and forge long-lasting partnerships that drive mutual growth and success.

Viet emphasised the company’s determination, stating, “By leveraging its local team’s deep understanding of the Indonesian business landscape, FPT Smart Cloud is well-positioned to provide comprehensive guidance and establish itself as a trusted partner for companies seeking growth and success in Indonesia.”

Click here to read more about FPT.AI

 

 

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/fpt-smart-cloud-sets-its-sights-on-indonesia-unleashing-ai-innovation-to-transform-financial-market-301827231.html

SOURCE FPT Smart Cloud

Continue Reading

Technology

CHiQ at IFA 2026: From Global Expansion to Deeper Local Engagement

Published

on

By

BERLIN, Sept. 4, 2026 /PRNewswire/ — At IFA Berlin on September 4, CHiQ unveiled its new AI-powered home appliance range, covering TVs, refrigerators, air conditioners, and washer-dryer combos. Rather than emphasizing technical specifications in isolation, the brand demonstrated how AI integrates into real-life household routines, marking a shift from technological innovation to everyday experiences and reflecting parent company Changhong’s continued focus on localization across global markets.

To address diverse household needs, CHiQ is embedding AI into a growing number of everyday scenarios. Its RGB MiniLED AI TV lineup integrates an integrated AI Sports Platform, transforming the TV from a traditional display into an interactive hub for home fitness and shared activities. The air conditioner features AI Human Presence Radar, which detects users’ locations and habits to adjust airflow dynamically. Meanwhile, the AI-powered refrigerator and laundry care system employ intelligent sensing and monitoring to help users take a more proactive approach to managing food freshness and garment cleanliness.

On IFA’s opening day, Grundig, CHiQ’s strategic partner and a premium European home appliance brand, presented a new product lineup across TVs, refrigerators, washer-dryers, and air conditioners. This showcase represents a further extension of Grundig’s brand development and product strategy and points to a new direction for Grundig in European and global markets.

In recent years, CHiQ’s focus has centered on simplifying everyday household chores through smart innovation. The brand has introduced a virtual giant panda as an AI interactive assistant, adding warmth and personality to its smart TVs and other AI-enabled appliances while naturally incorporating distinctive elements of Chinese culture into the user experience.

Skiing has also become another bridge connecting CHiQ with European lifestyles. Over the same period, the brand has strengthened its European presence as an official data partner of the FIS Ski Jumping World Cup. These efforts have deepened CHiQ’s connections with consumers in Europe and around the world. At the same time, the brand incorporates the speed of skiing and the pristine character of winter sports into its products, bringing technology closer to users’ lifestyles.

Behind these initiatives lies a broader shift: CHiQ is advancing its localization efforts. From product experiences and brand messaging to sports, culture and other aspects of local life, the company is establishing more diverse touchpoints as it expands its presence in Europe. Moving beyond simply entering overseas markets toward becoming part of them, CHiQ is bringing its global expansion into closer alignment with the local markets it serves.

About CHiQ

CHiQ, one of the world’s leading manufacturers of consumer electronics and household appliances, is redefining industry standards with innovative products, intelligent technologies, and a growing commitment to corporate social responsibility. Its influence continues to grow across global markets, especially in Europe.

SOURCE CHiQ

Continue Reading

Technology

New Poll: Parents Overwhelmingly Support the Agreement Between the States & Meta To Keep Young People Safe Online

Published

on

By

More Than Four-in-Five Parents Want Other Platforms Such As TikTok, YouTube and Snapchat to Adopt Safeguards

WASHINGTON, D.C., Sept. 4, 2026 /PRNewswire/ — The Coalition to Empower our Future (CEF) today released new research finding overwhelming support among parents nationwide for the recent agreement between states across the country and Meta to strengthen protections for young people online and give parents additional tools to support their children. The findings show that parents not only support the agreement, but also want other social media platforms to follow Meta’s lead and implement similar protections so young people have consistent safeguards across platforms.

“Parents want practical tools that help them keep their kids safe online, and they want those tools no matter what platform their kids are on,” said Glen Weiner, executive director of the Coalition to Empower our Future. “This agreement is an important step forward that will help protect young people using Instagram and Facebook, but kids don’t spend all their time on one platform. To continue making progress, other social media platforms need to join these efforts and adopt the same policies. There’s no single solution to the challenges young people are facing, but giving parents more tools and helping young people build healthier habits with technology are important pieces of a broader, comprehensive approach.”

According to the survey, more than four-in-five parents across the country support the agreement between the states and Meta, including 82 percent of Democratic parents and 84 percent of Republican parents. Other key findings include:

Parents believe the new safety measures will have a positive impact on youth mental health, including expanded parental controls (82 percent), daily screen-time limits (80 percent), and muting notifications during school hours (77 percent) and overnight (76 percent).Overwhelming majorities of parents on both sides of the aisle want other platforms to adopt the same policies. More than four-in-five say other platforms should implement the same online safety measures, including 85 percent of Democratic parents and 86 percent of Republican parents.

Support is similarly strong when parents are asked about individual platforms, including:TikTok (85 percent);YouTube (84 percent); andSnapchat (82 percent).Parents want policymakers to take action. Four-in-five parents (80 percent) would support their state legislature putting these online safety measures into law, and more than two-thirds of parents (67 percent) would be more likely to vote for an elected official who advances these measures.

The new findings build on previous research from CEF showing that parents and voters want a comprehensive approach to youth mental health that gives families practical tools and teaches young people how to navigate technology safely and responsibly.

The full research findings can be found HERE.

The research, conducted between August 28 and August 31, 2026, in partnership with Mercury Analytics, included an online survey of 1,000 parents nationwide.

About the Coalition to Empower our Future

Coalition to Empower our Future is an organization bringing together a range of voices to fully inform solutions that empower youth, parents, communities, and society. The Coalition to Empower our Future supports solutions that are inclusive of the full spectrum of factors impacting youth mental health. Former Montana Governor Steve Bullock, former U.S. Representative Carlos Curbelo, and Dr. Caroline Carney, a board-certified psychiatrist and internist, serve on the board of directors of the Coalition to Empower our Future.

To learn more, visit empowerourfuturecoalition.com or follow Coalition to Empower our Future on Facebook, X and YouTube.

View original content to download multimedia:https://www.prnewswire.com/news-releases/new-poll-parents-overwhelmingly-support-the-agreement-between-the-states–meta-to-keep-young-people-safe-online-302870113.html

SOURCE Coalition to Empower our Future

Continue Reading

Technology

Bybit On-Chain Earn Raises BTC Staking Yield by 50% to 1.2% APR

Published

on

By

DUBAI, UAE, Sept. 4, 2026 /CNW/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce Bybit On-Chain Earn has partnered with Function (FBTC) to upgrade its BTC staking Vault product, raising the guaranteed annualized return from 0.8% to as much as 1.2%, a 50% increase of the evergreen offering.  With Bybit, BTC holders no longer need to sit on their idle asset as they navigate a range-bound BTC.

In early September 2026, BTC has been consolidating around the $80,000 level after rebounding from roughly $62,600 in August and briefly climbing above $81,000 in late August. The cryptocurrency continues to hold above its key moving averages, encouraging many long-term holders to maintain their position.

Bybit On-Chain Earn‘s new BTC staking solution comes with a guaranteed minimum return, distinguishing it from variable-rate products where yield fluctuates with market conditions. Eligible users may subscribe to a fixed 45-day term with no option for early redemption. A subscription cap of 200 BTC applies. Upon maturity, participants can opt into automatic renewal, allowing both principal and accrued returns to roll seamlessly into the next staking cycle without requiring manual reinvestment. This structure is designed to give BTC holders a straightforward way to generate yield on idle holdings while maintaining predictable, fixed-term commitments.

The partnership with Function, the protocol behind FBTC, extends Bybit’s collaboration with the DeFi and TradFi convergence space, diversifying user access to potential yield opportunities across the digital asset landscape.

The upgraded exclusive BTC vault is now live on Bybit. Terms and conditions apply. Users may visit Bybit On-Chain Earn for details on eligibility requirements and potential restrictions.

#Bybit  / #NewFinancialPlatform

About Bybit

Bybit is The New Financial Platform.

We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.

Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world.

Learn more at Bybit.com

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

View original content to download multimedia:https://www.prnewswire.com/news-releases/bybit-on-chain-earn-raises-btc-staking-yield-by-50-to-1-2-apr-302870204.html

SOURCE Bybit

Continue Reading

Trending