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More than 150,000 money laundering accounts detected in APAC

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Region sees 108% increase in voice scams as fraudsters continue shift to mobile

MELBOURNE, Australia and MUMBAI, India, June 25, 2024 /PRNewswire/ — A new financial crime report out today details how criminal organizations in the APAC region now outsource the laundering of money stolen via scams to international syndicates specializing in this cleaning. BioCatch identified and helped APAC banks shut down more than 150,000 money mule accounts in 2023 and estimates exponentially more such accounts in use across the region.

“Where there are scams, there are mules,” BioCatch Director of Global Fraud Intelligence Tom Peacock said. “Criminal organizations use these mule accounts as intermediate stops between the victim’s bank account and the final account from which they plan to withdraw their stolen money. The mules we’ve identified almost certainly represent a tiny fraction of those actively laundering money in the region, with more cropping up every day. Financial institutions in APAC and around the world must do more to identify these mules, hamper their ability to open new accounts, and identify those legitimate accounts money launderers succeed in turning from good to bad.”

In this latest edition of its Digital Banking Fraud Trends in APAC report, BioCatch – which identifies and prevents fraud and financial crime in real time by analyzing as many as 3,000 different physical behavior patterns (mouse movements and typing speed, for example) and cognitive signals (hesitation, segmented typing, etc.) in search of anomalies – points to mobile malware as the greatest threat to banks in Southeast Asia in 2024.

“Whether through SMS-mining or illegal loan apps, we’ve seen an explosion in Android-based malware in the region,” Peacock said. “Malware developers continue to innovate, circumventing bank and Google Play Store defenses to harvest what they need from mobile devices to access digital banking accounts and then transfer away the victim’s funds to a money mule.”

There is reason for hope in fighting fraud in APAC, however. In Australia, the number of reported scam cases grew by 13% in 2023, but scam losses declined by $90 million.

“Nine out of the 10 largest Australian banks employ BioCatch solutions to protect their customers from fraud and financial crime by analyzing the behavior of the user behind every online banking session,” BioCatch APAC Vice President Richard Booth said. “Already in 2024, we see massive progress: Money lost to fraud in the country declined by 48% in the first quarter of this year compared to Q1 of 2023. It’s difficult to reach any conclusion other than that BioCatch has left Australian digital-banking customers far safer from fraud than they were before.”

Other key findings:

No desktop or laptop needed: BioCatch found as much as 70% of all reported frauds in APAC originated from mobile apps in 2023, an increase of 17% from the year before.

Scams are everywhere: Across the region, the number of reported voice scams increased by 108% in 2023.

Australia bucking all trends: In addition to seeing fraud losses actually decline, the nation also saw fewer fraud cases involving malware or Remote Administration Tools (RATs) in 2023 than it did in 2022.

Click here to access BioCatch’s complete 2024 Digital Banking Fraud Trends in APAC report.

About BioCatch:
BioCatch stands at the forefront of digital fraud detection, pioneering behavioral biometric intelligence grounded in advanced cognitive science and machine learning. BioCatch analyzes thousands of user interactions to support a digital banking environment where identity, trust, and ease coexist. Today, more than 30 of the world’s largest 100 banks and 196 total financial institutions rely on BioCatch Connect™ to combat fraud, facilitate digital transformation, and grow customer relationships. BioCatch’s Client Innovation Board – an industry-led initiative featuring American Express, Barclays, Citi Ventures, HSBC, and National Australia Bank – collaborates to pioneer creative and innovative ways to leverage customer relationships for fraud prevention. With more than a decade of data analysis, 92 registered patents, and unmatched expertise, BioCatch continues to lead innovation to address future challenges. For more information, please visit www.biocatch.com.

Media contact:
Jay Jones
Jay.jones@biocatch.com

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ECARX Holdings to Report Third Quarter 2026 Financial Results on November 04, 2026

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LONDON, Oct. 21, 2026 /PRNewswire/ — ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a leading global automotive intelligence company, today announced it will host a conference call and live webcast on Wednesday, November 04, 2026, at 8:00 a.m. ET to report its financial results and business highlights for the third quarter ended September 30, 2026.

Earnings Conference Call & Webcast Details: 

Date: Wednesday, November 04, 2026
Time: 8:00 a.m. U.S. ET
Webcast: https://edge.media-server.com/mmc/p/e4i8peb6/lan/en

To join the live conference call, please register at https://register-conf.media-server.com/register/BI9ffd14a76c2a4f01aa0a3d8d55eed7b0 to receive the conference call details as well as international access numbers.

Please join at least 15 minutes in advance to ensure a timely connection to the call and webcast. Audio replay information will be available on ECARX’s investor relations website in the news and events section.

A replay of the event and presentation materials will be available on the Company’s investor relations website under the results and reports section following the event.

= end =

About ECARX

ECARX (Nasdaq: ECX), headquartered in London, is a leading global automotive intelligence company. ECARX provides the intelligent brain that powers the next generation of software-defined and AI defined vehicles. The company delivers end-to-end, full-stack solutions spanning advanced system-on-chip hardware, high-performance central computing platforms, intelligent cockpit technology, Advanced Driver Assistance Systems, cloud connectivity and physical AI, alongside bespoke vehicle software and intelligent operating systems.

As automakers transition to software-first and AI-first vehicle architectures, ECARX empowers automakers to streamline integration, reduce systemic complexity and optimize long-term cost efficiency. ECARX’s proven technology is deployed across over 12 million vehicles worldwide, and is currently partnered with 18 global automakers and 28 vehicle brands to shape the future of automotive intelligence.

Founded in 2017 and listed on Nasdaq in 2022, ECARX operates from 15 major international locations across Europe, the Americas and Asia, with a global team of over 1,400 employees.

Forward-Looking Statements

This release contains statements that are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management’s beliefs and expectations as well as on assumptions made by and data currently available to management, appear in a number of places throughout this document and include statements regarding, amongst other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the industry in which we operate. The use of words “expects”, “intends”, “anticipates”, “estimates”, “predicts”, “believes”, “should”, “potential”, “may”, “preliminary”, “forecast”, “objective”, “plan”, or “target”, and other similar expressions are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to a number of risks and uncertainties that could cause actual results to differ materially, including, but not limited to statements regarding our intentions, beliefs or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies, future market conditions or economic performance and developments in the capital and credit markets and expected future financial performance, and the markets in which we operate.

For a discussion of these and other risks and uncertainties that could cause actual results to differ materially from those expressed in any forward-looking statement, see ECARX’s filings with the U.S. Securities and Exchange Commission. ECARX undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law.

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SOURCE ECARX Holdings Inc.

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RTX’s Pratt & Whitney Canada introduces certified PT9 engine

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New centerline turboprop delivers more power, efficiency and flexibility for next-generation aircraft 

LAS VEGAS, Oct. 21, 2026 /PRNewswire/ — Pratt & Whitney Canada today unveiled its latest turboprop engine with a new centerline that delivers 33% more power at altitude and reduces fuel consumption by 20%, compared to previous generation engines. The engine, which amassed more than 14,000 development hours, was recently certified by Transport Canada. Pratt & Whitney is an RTX (NYSE: RTX) business.

“The PT9 engine represents the next evolution of turboprop propulsion, delivering significant advances in performance, efficiency and adaptability to meet the needs of modern aviation,” said Satheeshkumar Kumarasingam, president, Pratt & Whitney Canada. “Designed around evolving customer needs, including advanced digital capabilities and future-ready hybridization, its architecture can be tailored to diverse airframe types and provides a strong foundation for continued innovation and technology integration.” 

The PT9 engine combines jet-like performance, turboprop efficiency and advanced digital intelligence in a next-generation architecture designed to provide more capability today and evolve with the aircraft of tomorrow. Its modular construction sets the foundation for continued innovation and technology integration, including electric aircraft and hybrid thermal-electric powerplants. The PT9 engine is ideal for high-demand missions and can be easily tailored to diverse airframe types.

Production will take place in Lethbridge, Alberta, Canada, which is also the company’s global Center of Excellence for the PT6 family of turboprop engines.

About Pratt & Whitney  
Pratt & Whitney, an RTX business, is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units for military, commercial and civil aviation customers. Since 1925, our engineers have pioneered the development of revolutionary aircraft propulsion technologies, and today we support more than 90,000 in-service engines through our global network of maintenance, repair and overhaul facilities.

About RTX 
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.  

For questions or to schedule an interview, please contact corporatepr@rtx.com. 

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SOURCE RTX

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Rockwell Automation Introduces FactoryTalk Conductor, an AI-Native Orchestration Platform for Industrial Automation

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New software connects AI agents, skills and workflows across the automation lifecycle

MILWAUKEE, Oct. 21, 2026 /CNW/ — Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced the introduction of FactoryTalk® Conductor™, a new AI-native orchestration platform designed to coordinate AI-powered work across the industrial automation lifecycle, creating a foundation for AI-enabled workflows from system design through operation and maintenance. The software will make its public debut at Automation Fair® 2026 in Boston, where attendees will receive an exclusive first look ahead of its planned commercial availability in the first quarter of 2027.

According to Rockwell Automation’s 2026 State of Smart Manufacturing Report, one-third of manufacturing operations are already AI-augmented, with adoption expected to accelerate in the years ahead. As manufacturers move from AI experimentation to broader deployment, they need practical ways to connect technology, workflows and expertise. FactoryTalk Conductor is designed to meet that need through a single platform that brings AI together across engineering environments.

“The next phase of industrial AI will be defined by orchestration rather than individual copilots,” said Craig Resnick, Vice President, ARC Advisory Group. “Manufacturers need AI technologies that can coordinate tasks across software systems, engineering tools and operational data. FactoryTalk Conductor reflects the industry’s evolution toward agentic automation by bringing AI agents, workflows and industrial expertise together in a unified environment.”

FactoryTalk Conductor enables users to initiate engineering tasks using natural language and intelligently connects the software, AI capabilities and workflows needed to complete them. At launch, the platform will integrate with Studio 5000 Logix Designer®, Logix Echo™, Emulate3D® and FactoryTalk® Optix™, providing coverage across key design, development, simulation and testing workflows. Additional integrations across Rockwell Automation’s software portfolio, including FactoryTalk® Design Studio™, FactoryTalk® Historian, Plex® and Fiix®, are planned to follow, expanding AI-powered workflows across the industrial automation lifecycle.

“What makes FactoryTalk Conductor unique is the combination of AI orchestration and trusted industrial expertise,” said Matheus Bulho, senior vice president, software & control, Rockwell Automation. “Customers can leverage Rockwell Automation-verified agents and skills, create capabilities tailored to their business, and connect AI across software, data and services. This creates a scalable foundation for accelerating engineering work while maintaining the standards required in industrial environments.”

Key benefits include:

Supporting enterprise AI and governance requirements, giving organizations the flexibility to leverage FactoryTalk Hub-hosted AI services or connect their preferred large or small language models, including locally hosted open-weight models that can help reduce ongoing token consumption costs.Accelerating engineering workflows across the automation lifecycle by coordinating activities across design, development, testing and verification environments.Reducing complexity across software applications by enabling AI-powered workflows that span Studio 5000 Logix Designer, Logix Echo, Emulate3D, FactoryTalk Optix and other Rockwell Automation solutions.Applying AI with greater confidence and reliability through Rockwell Automation-developed integrations that connect software, data and services across industrial operations.Extending trusted automation expertise through Rockwell Automation-verified agents and skills, helping teams accelerate work with capabilities purpose-built for industrial applications.

Manufacturers attending Automation Fair 2026 will be able to experience FactoryTalk Conductor demonstrations across multiple show floor experiences, including Technology & Services Showcase, Industry Pavillion, Innovations, as well as dedicated technical sessions.

Additional information about FactoryTalk Conductor and Automation Fair can be found at www.rockwellautomation.com.

Frequently Asked Questions

What is FactoryTalk Conductor?
FactoryTalk Conductor is an AI-native orchestration platform that connects AI agents, skills, workflows and automation software to help engineers accelerate system design, development and testing activities through natural language interactions and trusted industrial expertise.

How is FactoryTalk Conductor different from an AI copilot?
While traditional AI copilots assist with individual tasks, FactoryTalk Conductor enables multiple AI agents, workflows and software tools to work together across engineering processes. This enables broader automation of complex, multi-step activities that span applications, data sources and teams.

When will FactoryTalk Conductor be available?
FactoryTalk Conductor will be previewed at Automation Fair 2026 in Boston and is expected to be commercially available in the first quarter of 2027.

What Rockwell Automation products can FactoryTalk Conductor work with?
FactoryTalk Conductor is designed to work across a growing portfolio of Rockwell Automation software. At launch, it will support Studio 5000 Logix Designer®, Logix Echo™, Emulate3D® and FactoryTalk® Optix™, with additional integrations planned for FactoryTalk® Design Studio™, FactoryTalk® Historian, Plex®, Fiix® and other solutions over time.

Can customers create and deploy their own AI agents and skills?
Yes. In addition to Rockwell Automation-verified agents and skills, customers can create and deploy their own agents and skills to support company standards, industry requirements and unique engineering workflows

About Rockwell Automation

Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 26,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise® to life across industrial enterprises, visit www.rockwellautomation.com.

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SOURCE Rockwell Automation, Inc.

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