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MS TIN PEI LING JOINS METACOMP AS ITS CO-PRESIDENT TO GROW ITS PARTNERSHIPS ACROSS ASIA PACIFIC

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The Appointment underscores the company’s continued commitment to pioneering future-ready financial management that bridges traditional and crypto finance globally.

SINGAPORE, June 24, 2024 /CNW/ — MetaComp Pte Ltd, Singapore’s leading Digital Payment Token Service Provider, licensed by the Monetary Authority of Singapore (MAS) under the MVGX Holdings (MVGXH), welcomes Ms Tin Pei Ling on board as its Co-President.

MVGXH is a licensed Singaporean fintech group with four subsidiaries focusing on digital and green sectors: MetaComp, a Major Payment Institution offering Digital Payment Token Service and Cross-border Money Transfer Service; MVGX Tech, providing end-to-end Carbon SaaS with a unique Scope 3 and advanced carbon emission factor database; Metaverse Green Exchange (MVGX), licensed by MAS with Recognised Market Operator (RMO) and Capital Market (CMS) License, focusing on Securities/Tokens backed by increasingly digital and green asset classes such as voluntary carbon credits or hash rate, as well as providing other CMS financial services such as custodian; and the Asia Green Fund (AGF), a venture capital fund managing over USD 2.8 billion in assets, investing in green impact and sustainability industries driven by green and digital technology.

Commencing on 24th June 2024, Ms Tin’s portfolio will focus on strategic partnerships and corporate development. Her appointment is expected to significantly strengthen MetaComp’s strategic partnerships, driving momentum and advancing MetaComp’s position as a leader in bridging traditional and crypto finance, paving the way for new partnerships and the growth of our client offerings.

Ms Tin brings a distinguished blend of digital and financial acumen plus industry experience in payment platforms and the financial technology space. With a MBA from Chicago Booth School, she brings both practical and theoretical understanding.

Dr Bo Bai, Chairman and Co-Founder of MetaComp, says, “In today’s bustling fintech space, MetaComp is at the forefront of driving financial solutions that help our customers navigate money management between traditional finance and crypto finance. Technology and innovation are only part of the equation, and at MetaComp, we emphasise that our people are our DNA, serving as the compass for our clients.” 

Dr Bai adds, “We are delighted to welcome Pei Ling to the MetaComp family. Her extensive experience, coupled with her expertise in strategic development, makes her an invaluable asset to our leadership team. Her vision and drive perfectly align with our aspirations at MetaComp, and I am confident she will significantly contribute to our continued success.”

Before her tenure with MetaComp, Ms Tin held several key corporate positions, including Managing Director for Strategic Partnership & Business Development at DCS Card Centre and Chief Executive Officer of Business China, an organisation that harnesses the support of public sector and private enterprises to strengthen the ties between Singapore and China, so as to sustain and grow the global connectivity of Singapore. 

Ms Tin affirmed, “Sustainability is a global imperative and there is still much that can be done in the fintech sector to enable this. Hence, I am delighted to accept the opportunity to join MetaComp, given it being a part of the MVGXH conglomerate, a licensed fintech group specialising in green and digital assets. I look forward to doing my part in supporting sustainable finance by driving growth through partnerships and bridging traditional finance with digital assets alongside my fellow Co-President, Mr Eddie Hui.”

Eddie Hui, Co-President, and Chief Operating Officer of MetaComp, brings over twenty years of experience in the financial services sector. Formerly the Chief Operating Officer of Société Générale for Proprietary Trading, Fixed Income, Credit and FX, Prime Services, and Equity Market Making desk in Asia, Eddie oversees the ideation and execution of MetaComp’s business strategy and drives service excellence. The two Co-President’s leadership and expertise will be instrumental in driving MetaComp’s success.

With the addition of Ms Tin Pei Ling, MetaComp, together with its parent company MVGX, aim to secure and launch a wide range of initiatives bridging traditional finance with digital assets.

For more information, please visit www.mce.sg

About MetaComp Pte Ltd

MetaComp is a leading Singapore-based digital asset platform licensed and regulated by the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019. Operating under a P2B2C (platform-to-business, partners-to-clients) model, MetaComp provides its clients with an integrated end-to-end suite of services, empowering them to confidently enter the digital asset market with the much-needed safety, security, and compliance. Together with its parent company, Metaverse Green Exchange Pte. Ltd. (a MAS-licensed CMS holder permitted to carry out, inter alia, brokerage and custody services), MetaComp introduces its suite of services through CAMP by MetaComp, a regulated Client Assets Management Platform, allowing businesses to develop and scale their digital asset offerings through OTC and exchange trading services, fiat payment, digital asset custody and prime brokerage.

About MVGX Holdings

Founded in 2018 and headquartered in Singapore, MVGX Holdings (MVGXH) is a leading digital green fintech group that provides regulated financial services and end-to-end Carbon SaaS (software as a service solution) for a more inclusive and sustainable future. Compliant by design, MVGXH’s subsidiaries hold licenses from the Monetary Authority of Singapore including the Recognised Market Operator License, Capital Market Services License and Major Payment Institution License. Enabled by its proprietary carbon SaaS software and products, its digital green exchange for voluntary carbon credits and asset-backed securities and tokens, and an impact investment arm for green technologies and infrastructure, MVGX Group strives to be a key partner for its client’s decarbonisation journeys through the stages of define, measure, mitigate, offset, certify, and finance.

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SOURCE MetaComp Pte Ltd

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Accelecom says KCNA is Deceiving the Public About KentuckyWired

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 KCNA is Threatening to Disconnect Access to Essential Service Providers, Including Schools and Hospitals

LOUISVILLE, Ky., May 12, 2025 /PRNewswire/ — The Kentucky Communications Network Authority (KCNA) is deceiving the people of Kentucky about the KentuckyWired project, which it has completely mishandled. In an attempt to conceal its gross incompetence—which has already cost the Commonwealth a fortune, with more to come—KCNA has advanced the false narrative that others, this time Accelecom, are to blame for the state of the project. That is categorically false, and it’s time to set the record straight.

Accelecom has faithfully honored the Wholesaler Agreement and, indeed, has supported KCNA over and above its requirements, even lending millions to KCNA to replace critical infrastructure that was left to rot due to KCNA’s deficient maintenance practices. KCNA complains publicly of the absence of wholesale customers and dark-fiber sales, yet Accelecom currently has 44 wholesale customers for dark-fiber and lit services and KCNA is denying dozens of wholesale dark-fiber sales transactions, some that have been pending KCNA’s review since 2023.

Meanwhile, KCNA has repeatedly breached the agreement in numerous ways. First by denying Accelecom access to make connections that KCNA had long reviewed and eventually by canceling the contract before its disputes with Accelecom—legitimate disputes being pursued in Kentucky courts and with the Finance Administration Cabinet (FAC)—have been resolved. To make matters worse, having exhausted its construction budget due to persistent cost overruns, KCNA breached the Wholesaler Agreement by giving away thousands of miles of its dark fiber network to third parties in exchange for construction services. The dark fiber capacity given away by KCNA is many times what it expected Accelecom to sell over its entire lifetime of the contract.

Regardless, and in the face of KCNA’s deplorable conduct, Accelecom has remained faithful to the project and fighting every day to keep the KentuckyWired system up and running.

There is no need to disconnect customers. The “emergency” that is causing so much distress is entirely of KCNA’s making. They are disregarding their contractual duties and harming the public. Accelecom, by contrast, stands ready, willing and able to continue honoring its obligations to KCNA and its customers.

Concerned citizens and business owners should make their voices heard and hold KCNA leadership to account. It is not too late to salvage this critical infrastructure project, but it soon will be. The time to act is now.

About Accelecom
Accelecom is a leading provider of next-generation fiber solutions across the Southeastern United States, delivering high-speed network, internet, voice and managed services solutions to wholesale, public sector, and business customers across the region. With its extensive fiber network and commitment to bridging the digital divide, Accelecom enables organizations to accelerate innovation, leverage emerging technologies & enhance digital transformation. For more information, visit the Accelecom website and follow the company on FacebookLinkedInInstagram, and Twitter.

View original content to download multimedia:https://www.prnewswire.com/news-releases/accelecom-says-kcna-is-deceiving-the-public-about-kentuckywired-302453101.html

SOURCE Accelecom

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Mahipal Reddy Yalla, COO & CTO of Virtual Networx Inc., Joins Forbes Technology Council

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Mahipal Reddy Yalla joins Forbes Technology Council, recognized for innovation in AI, infrastructure automation, and enterprise IT leadership.

DALLAS, May 12, 2025 /PRNewswire-PRWeb/ — Mahipal Reddy Yalla accepted into Forbes Technology Council Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs, and technology executives.

This opportunity allows me to share insights, engage with visionary leaders, and strengthen our mission at Virtual Networx to drive enterprise innovation through AI and automation.” — Mahipal Reddy Yalla, COO & CTO, Virtual Networx Inc

Mahipal Reddy Yalla, COO & CTO of Virtual Networx Inc., a leader in AI-powered IT infrastructure and automation solutions, has been accepted into Forbes Technology Council.

Mahipal was selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors.

As a member of the Council, Mahipal has access to a variety of exclusive opportunities designed to help him reach peak professional influence. He will connect and collaborate with other respected leaders in a private forum. Mahipal will also have the opportunity to share his expert insights in original articles and contribute to published Expert Panels alongside other experts on Forbes.com.

“I’m honored to join the Forbes Technology Council. This opportunity allows me to share insights, engage with visionary leaders, and strengthen our mission at Virtual Networx to drive enterprise innovation through AI and automation.”

ABOUT FORBES COUNCILS

Forbes Councils is a collective of invitation-only communities created in partnership with Forbes and the expert community builders who founded Young Entrepreneur Council (YEC). In Forbes Councils, exceptional business owners and leaders come together with the people and resources that can help them thrive.

To learn more about Forbes Councils, visit https://councils.forbes.com

Media Contact

Mahipal Reddy Yalla, Virtual Networx Inc, 1 6264163666, vni.info@virtualnetworx.com, https://virtualnetworx.com

View original content to download multimedia:https://www.prweb.com/releases/mahipal-reddy-yalla-coo–cto-of-virtual-networx-inc-joins-forbes-technology-council-302452064.html

SOURCE Virtual Networx Inc

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Beating the Fraudemic: Sumsub Debuts WTF Summit in Singapore

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Bringing Together Global Experts to Spearhead Collaborative Efforts in Building the Future of Digital Trust

SINGAPORE, May 13, 2025 /PRNewswire/ — Sumsub, a global full-cycle verification platform, today announced the launch of its inaugural flagship event—What The Fraud Summit (WTF Summit), the first visionary summit to beat the global fraudemic. The first edition of the event is set to take place at Andaz Singapore from November 19 to 20, 2025. With an assembly of over 500 experts and industry leaders from fraud prevention, compliance, financial crime, regulation, and product innovation, the WTF Summit aims to bridge the gaps between fraud prevention, AI-driven security, regulatory shifts, and digital resilience to formulate actionable anti-fraud strategies to drive the future of digital trust.

With the democratization of fraud and the continuously evolving fraud tactics, Asia-Pacific (APAC) has witnessed a 121% year-on-year increase in identity fraud in 2024, revealed by Sumsub’s 2024 Identity Fraud Report. Another alarming trend observed globally is that nearly half of companies and end users worldwide reported being victims of identity fraud at least once last year, and businesses suffer a loss of approximately $300,000 per fraud event.

“With the rapidly growing fraud risks across the globe, we recognized a critical need for a dedicated platform for industry leaders, regulators and fraud experts to have bold conversations and exchange actionable insights to beat the global fraudemic,” said Andrew Sever, Co-founder and CEO of Sumsub. “By launching the WTF Summit in APAC, we aim to fill the gap in discussions surrounding the multifaceted nature of fraud prevention in the region. Our goal is to collaborate with top minds to craft holistic strategies to create a safer digital future for everyone.”

Top Industry Voices to Shape the Future of Fraud Prevention 

The WTF Summit presents a diverse lineup of speakers, including renowned experts and thought leaders from the space of fintech, crypto, tech, and compliance to connect the dots between fraud prevention, AI security, regulation, and resilience. 

Among all, some of the highlighted speakers at WTF Summit include (arranged in no particular order):

Frans Wiwanto, Managing Director, APAC, FlywireDavid Song, Head of Digital Business Unit, Green Link Digital BankJoseph Gan, CEO, V-KeyAnson Zeall, Founder, Azentiq NexusDesmond Yong, Founder, Meta Alpha, and Legal & Compliance DirectorEelee Lua, Co-founder & COO, DefySteve Craig, Founder & CEO, PEAK IDVAnnette Lu, Head of Compliance, APAC, Hex Trust

Speaker nomination is now open and available here.

In-depth Agenda Addressing Modern Fraud Challenges 

The WTF Summit is designed to deep dive into modern fraud challenges through a mix of keynote sessions, panel discussions, hands-on workshops and networking opportunities.

At the Main Summit (November 20), attendees can look forward to sessions that provide practical takeaways focused on four key topics:

AI & Fraud: How emerging AI-driven fraud schemes are evolving and what proactive defenses businesses need to stay ahead;Digital Identity: Best practices from various industries in securing digital identity while ensuring accessibility and compliance;Compliance: The shifting regulatory landscape, including fraud and compliance trends, risk intelligence, and fraud detection;Crypto: Addressing cross-border challenges, tokenization, and regulatory shifts in the digital asset space.

In addition, Sumsub will offer expert-led workshops with certifications on the day before the Main Summit (November 19). The workshops will be in three specialized modules, which are related to modern scams and deepfakes, smart and compliant onboarding, as well as AML investigations and case management respectively.

The workshop series is proven to equip participants with hands-on experience and practical training, as Sumsub has already successfully conducted similar workshops for INTERPOL and other organizations.

Limited Early Bird Ticket Offer Opens Now

Tickets to WTF Summit can be purchased at the official website: https://sumsub.com/wtf-summit/. The first 100 tickets can enjoy an early-bird discounted offer.

Follow the official LinkedIn page of WTF Summit for the latest updates.

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About Sumsub

Sumsub is a full-cycle verification and ongoing monitoring platform that secures the whole user journey. With Sumsub’s customizable KYC, KYB, Transaction Monitoring, Fraud Prevention and Travel Rule solutions, you can orchestrate your verification process, welcome more customers worldwide, meet compliance requirements, reduce costs, and protect your business.

Sumsub has over 4,000 clients across the fintech, crypto, transportation, trading, edtech, e-commerce and gaming industries including Duolingo, Bitpanda, Wirex, Avis, Bybit, Vodafone, Kaizen Gaming, and TransferGo.

 

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/beating-the-fraudemic-sumsub-debuts-wtf-summit-in-singapore-302452425.html

SOURCE Sumsub

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