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Finastra and LPBank Modernize Treasury Management Operations in Record Time

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SINGAPORE, Oct. 17, 2024 /PRNewswire/ — Finastra, a global provider of financial services software applications, has announced the implementation of its front-to-back treasury solution, Kondor, at Fortune Vietnam Joint Stock Commercial Bank (LPBank) to modernize the bank’s treasury management operations and capabilities. This strategic collaboration is part of LPBank’s concerted effort to accelerate its digital transformation strategy and enhance its competitiveness in the market.

Achieving deployment in just six months, the rapid timeline was achieved through an agile approach, flexibility, and a collaborative working relationship that facilitated a seamless integration of new systems with existing technology infrastructure and workflow processes. The initiation of the project was carefully designed to help LPBank meet the rising demands of managing more sophisticated treasury and liquidity products for clients, as well as supporting general risk management decisions across the bank.

Ho Nam Tien, Standing Deputy Chairman of LPBank said, “The successful deployment of this innovative project is testament to our deep commitment toward digital transformation and creating value for our customers. It also speaks volumes to Finastra’s technological expertise as a partner. While we are in the early phase of recognizing the full potential of this investment on our treasury operations, we have already seen steady improvements to trading volumes, transaction quality, and reduced transaction times. LPBank is well positioned to further advance its leadership position in Vietnam.”

Finastra’s Treasury and Capital Markets business is built on a comprehensive platform of solutions that empower financial institutions like LPBank to achieve higher levels of efficiency, compliance, and growth across the trade and liquidity management lifecycle. Central to this current partnership is Finastra’s Kondor solution, which offers powerful risk analytics, trade processing, position management, and real-time risk coverage, enabling high-volume treasury trading while supporting complex derivatives, options, and structured transactions.

Richard Zhu, Managing Director, Capital Markets, Asia Pacific, Finastra said, “We are proud to be part of LPBank’s ambitious digitalization and modernization journey. In today’s landscape, digital transformation is a necessity for financial institutions hoping to keep pace with the shifting needs of customers and the rising pressures of competition and regulations. The ongoing support from LPBank’s senior leadership team was instrumental to the project’s success. It demonstrates an inspirational commitment to transforming the bank’s entire ecosystem with best-of-breed digital solutions which drive efficiency, sustainability and growth akin to Finastra’s Open Finance vision. This collaboration not only enhances LPBank’s operational capabilities but also sets a benchmark for innovation in the region.”

For more information on Kondor, please visit Finastra Kondor.

About Finastra
Finastra is a global provider of financial services software applications across Lending, Payments, Treasury and Capital Markets, and Universal (retail and digital) Banking. Committed to unlocking the potential of people, businesses and communities everywhere, its vision is to accelerate the future of open finance through technology and collaboration, and its pioneering approach is why it is trusted by ~8,100 financial institutions, including 45 of the world’s top 50 banks. For more information, visit finastra.com.

About LPBank
LPBank is one of the largest retail commercial banks in Vietnam with advantage of an extensive nationwide network. LPBank’s products and services serve customers through a nationwide network of branches and transaction offices covering 63 provinces in Vietnam. Its vision is to become the most trusted financial partner and the first choice of individuals, households and small and medium enterprises in rural and urban areas. For more information, visit lpbank.com.vn.

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Maveric Systems announces strategic brand positioning focused on Engineering Trust in AI-First Banking

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CHENNAI, India and DALLAS, May 12, 2026 /PRNewswire/ — Maveric Systems, a banking-exclusive technology specialist, today announced its new market positioning — Engineering Trust in AI-First Banking — as financial institutions worldwide accelerate the transition from digital-first to AI-first enterprise models.

For CIOs, the shift from digital-first to AI is a business revisioning exercise. It requires reimagining people, processes, and technology through AI, ML and automation. This needs to happen across every critical imperative, from customer experiences and modernised, real-time systems, to operational cost reduction and regulatory compliance, as well as privacy.

“As AI moves into the core of the enterprise, the key challenge is how to scale AI reliably, securely, and responsibly across highly regulated, legacy-complex environments”, said Ranga Reddy, CEO & Whole Time Director, Maveric Systems. “What banks need is not another technology vendor; they need a partner who can engineer trust into every layer of AI and ML-led transformation. That is the promise behind Maveric’s new positioning.”

Maveric’s Engineering Trust positioning is anchored in four core strengths:

AI at the Core, Not the Edges: Maveric embeds AI into core systems, operations, and decision layers, not at the periphery through isolated pilots. This shifts banks from fragmented experimentation to enterprise-wide AI-first models with real governance, observability, and accountability.Principles that engineer trust: Maveric applies a standards-led engineering approach, embedding AI principles including fairness, explainability, reliability, privacy and global banking standards and regulatory requirements, ensuring AI is compliant by design.Pragmatic, Outcome-Driven Execution: Every engagement is anchored to quantifiable business impact – faster customer onboarding, real-time decisioning, reduced cost-to-serve, improved fraud detection, and accelerated modernization.Deep Banking DNA: With over 25 years of exclusive focus on banking and financial services, Maveric builds AI within the fabric of banking, not on top of it. This domain depth ensures every AI model, use case, and solution is aligned to real-world banking processes, regulatory constraints, and customer realities across geographies.

To support CIOs AI-first journey, Maveric brings its purpose-built platforms and solutions ecosystem. PulseAI delivers continuous quality intelligence, PrismAI strengthens data integrity and data confidence, InsightHubAI unifies customer intelligence, and EdgeOpsAI provides intelligent reliability and operations.

These platforms, alongside AI-powered solutions spanning customer service, fraud and risk, application modernization, intelligent document management, and software engineering acceleration, are designed to enable scalable, responsible AI adoption across the enterprise.

At the center of this ecosystem is Maveric’s proprietary AI @ Scale framework — enabling banks to move from isolated AI use cases to industrialized transformation through business revisioning and process and technology reimagination. At the line of business and function levels, the framework integrates domain-aligned data foundations, multi-agent orchestration, AI governance, lifecycle management, and outcome-driven execution into a unified delivery model.

With a presence across three continents and 25+ years of long-standing relationships with global banks, regional leaders, and emerging fintechs, Maveric Systems is uniquely positioned to help financial institutions build the next generation of AI-first enterprises — with trust engineered into every layer.

Media Contact:
Email: marketing@maveric-systems.com 

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Longbridge Cafe Coming to Singapore: From an App on Your Phone to a Presence in Your City

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SINGAPORE, May 12, 2026 /PRNewswire/ — Longbridge Securities, the AI-powered online brokerage trusted by investors across Asia, today formally announced its first physical location in Singapore. The renovation hoarding at Guoco Tower in Tanjong Pagar has now been unveiled, marking the public start of the build-out for Longbridge Cafe Singapore, which is scheduled to open in Q3 2026.

For Longbridge, this announcement is more than a new store on the way. It signals a deliberate shift in how the brand intends to live in Singapore, from an app on a phone, to a presence that exists, visibly and tangibly, in the city its users move through every day.

A Real Presence in Singapore, Not Just a Screen

For the past several years, Longbridge’s relationship with Singapore investors has lived inside a screen. Customers downloaded the app, logged in, placed trades, watched the markets, and that was where the brand began and ended. Longbridge Cafe is designed to change this fundamental fact.

When the doors open in September, the Cafe will give Longbridge a Singapore street address, an entrance that opens to the public, and a place users can point to and tell their friends, “I’ve been there.” In an industry built on trust, this kind of visible, walkable presence is something an app, however elegant, can never fully replace.

A Relationship That Begins After Trade Confirms

A trading app’s relationship with its user typically ends the moment an order is confirmed. Longbridge Cafe is being designed to let the relationship begin there.

Online, Longbridge offers tools. In Singapore, it will soon also offer time. The Cafe will give the team a place to meet investors face to face; to understand who they are, what they are working toward, which markets matter to them, and what kind of support they need at each stage of their journey. Relationships in financial services are not built through push notifications or support tickets. They are built across tables, in unhurried conversations, over time.

A Space Designed Around Three Conversations

Longbridge Cafe will belong to Longbridge in the physical sense, but in spirit it is built for its users. Every detail of the space has been designed to host three kinds of conversations that an app, by its very nature, cannot:

Investor to investor. The Cafe will be the first physical home of the Longbridge investor community in Singapore. Whether you have just opened your first account or have navigated markets through several cycles, it is a place to meet others who follow the same markets, ask the same questions, and have walked similar paths. Investing can be a lonely pursuit. At Longbridge Cafe, it does not have to be.

Market voices to investors. Longbridge will regularly host KOLs, analysts, and industry practitioners at the Cafe,turning voices that users have only ever read into people they can sit across from. A market view will no longer be a line scrolling past in a feed; it will become a conversation, with room for follow-up, disagreement, and depth.

The Longbridge team to its users. This is the conversation Longbridge values most. Product managers, researchers, and customer service team members will step out of the office and sit directly across from the people using the platform. The Cafe is where Longbridge will listen, and in turn, the team can tell its users firsthand what is being built next. In an industry steadily automating customer relationships out of existence, Longbridge is choosing the opposite direction: to show up in person.

These three conversations, peer to peer, voice to investor, team to user, are the heart of what Longbridge Cafe is being built for. They are also among the most valuable, and least replicable, things in financial services today.

A First Step in Singapore, and a Long-Term Commitment

As a Singapore-born brokerage, opening Longbridge Cafe is more than a marketing moment. Following our first café in Tsim Sha Tsui, Hong Kong, we are proud to be the world’s first broker to bring the online investing experience to life offline, through a café. Across APAC, Longbridge’s café model has set the pace and established a blueprint that others in the industry are now beginning to follow. It is a long-term commitment, expressed in the heaviest possible form: a real, physical space, and the announcement of one is itself a deliberate act.

Located at Guoco Tower, one of Singapore’s most connected commercial addresses, directly above Tanjong Pagar MRT, the space will be modest in size but considered in its positioning. Longbridge wants to live inside the daily routes of Singapore investors: on the way to work, on a lunch break, on a Saturday afternoon. To be not just an app on the phone, but part of the city’s public life.

This will be the first Longbridge Cafe in Southeast Asia. Looking back years from now, we hope today’s announcement will be remembered not as a real-estate milestone, but as the moment when financial services in Singapore began to feel a little more human.

What we are building in Singapore is a home for our investor community. At a moment when every financial service is retreating behind a screen, we want Longbridge to be the place where investors in Singapore can find each other, face to face. Today’s announcement is the first step toward that.”
— Gavin Chia, Singapore and Regional CEO, Southeast Asia, Longbridge

About Longbridge Securities Singapore

Long Bridge Securities Pte. Ltd. (Co. Reg. No. 202111825D) is a licensed entity regulated by the Monetary Authority of Singapore (MAS), holding a Capital Markets Services Licence (CMS Licence No. CMS101211) and operating under exempt financial adviser status.

Disclaimer

Long Bridge Securities Pte. Ltd. (Co. Reg. No. 202111825D) provides an execution-only service. All investments carry risk. Please refer to the Risk Disclosure Statement on our website for details. This advertisement has not been reviewed by the Monetary Authority of Singapore.

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SOURCE Longbridge Securities

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Bindex brings osteoporosis screening to Boots pharmacies

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Earlier detection of osteoporosis than ever

LONDON and KUOPIO, Finland, May 12, 2026 /PRNewswire/ — Boots has launched a new pilot Bone Density Scan Service utilizing Bindex ultrasound technology. With the Bindex device, osteoporosis risk can be detected in a quick assessment available at selected Boots pharmacies. The collaboration helps raise awareness of personal osteoporosis risk earlier and encourages proactive steps before fractures occur. It is also part of a broader shift in healthcare—from hospital to community.

A gradually developing condition is often diagnosed too late – until now

Osteoporosis is often called “a silent condition.” According to the NHS, osteoporosis weakens bones, making them fragile and more likely to break, and diagnosis often follows a fracture. In the UK, 3.5 million people are living with osteoporosis, and more than 500,000 fragility fractures occur each year—around one every minute—according to the Royal Osteoporosis Society.

Bone Index Finland Ltd, the company behind Bindex®, enables earlier identification of osteoporosis risk. The pilot brings Bindex’s point-of-care bone health technology into a convenient assessment available in familiar community healthcare settings.

“Too often, osteoporosis is recognised only after a fracture has already occurred. This collaboration aims to change that pathway by making bone health assessment more accessible, scalable, and actionable in real-world care settings,” said Janne Karjalainen, CEO of Bone Index Finland Ltd. “By bringing point-of-care assessment closer to where people already seek health advice, we can support earlier identification, clearer next steps, and more proactive prevention.”

Earlier detection with a proven and portable device

Bindex® is a portable, radiation-free ultrasound device designed for accessible point-of-care bone health assessment. It enables healthcare providers to identify individuals who may benefit from further advice, lifestyle support, or clinical follow-up—all within community healthcare settings.

The Bindex® system has been validated in multiple clinical studies with DXA. It is CE-marked, MHRA-registered, and FDA-cleared. According to the company, more than four million scans have been performed globally, supported by clinical studies across Europe and the US.

Collaboration as part of a broader shift

The collaboration reflects a broader shift in healthcare toward prevention, community-based services, and digital health. In recent public commentary, Karjalainen highlighted the role of Bindex® pulse-echo ultrasonometry in point-of-care osteoporosis screening and fragility fracture prevention, emphasizing the need for earlier risk identification and improved accessibility in real-world settings. Karjalainen also linked Bindex’s UK activities to NHS priorities such as moving care from hospital to community and from sickness to prevention.

About Bindex®

Bindex® is a portable, radiation-free pulse-echo ultrasound technology developed by Bone Index Finland Ltd for osteoporosis screening and diagnostics. The device measures cortical bone thickness at the shinbone and calculates a Density Index to help identify individuals at higher risk of osteoporosis.

Media contacts

Bone Index Finland Ltd: info@boneindex.com
Phone: +358 50 448 1696

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SOURCE Bone Index Finland Ltd.

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