Connect with us

Technology

Webull Malaysia Is The First Online Retail Brokerage To Launch An Islamic Banking Channel, Enabling Shariah-Compliant Funding Options To Trade MY & US Markets

Published

on

KUALA LUMPUR, Malaysia, Nov. 21, 2024 /PRNewswire/ — Webull Securities (Malaysia) Sdn. Bhd. (“Webull Malaysia”), a subsidiary of Webull Corporation, owner of the popular Webull digital investment platform with over 40 million downloads globally, today announced the launch of an Islamic banking channel. This new feature offers local investors the flexibility to choose to fund their Webull trading accounts via an Islamic bank or a conventional bank, making Webull Malaysia the first fully online retail brokerage platform in the country to offer such a service.

The dual banking gateway provides both Muslim and non-Muslim investors with a seamless and flexible currency exchange and deposit system. For those seeking to fund their trading accounts with Shariah-compliant funding options, this new feature, together with zero deposit fees, interest-free and a profit-sharing based banking facility, will enhance their overall trading experience.

Meeting the needs of local investors

Webull Malaysia’s new Islamic banking channel aims to cater to the diverse needs of local investors, especially investors who are looking to invest in Shariah compliant equities and exchange traded funds (ETFs) across both the Malaysian and U.S. stock markets. Furthermore, the existing Shariah indicator for U.S. stocks and ETFs will improve the overall investor experience by making it easier and more efficient to access and trade Shariah-compliant assets on the Webull platform.

Kenneth Chan, CEO, Webull Malaysia, said, “We are proud to be the first fully online retail brokerage platform in Malaysia to offer local investors the flexibility to fund their trading accounts with an Islamic bank. The introduction of the Islamic banking channel along with improvements to the Shariah stock screener, enables investors to fund their trading accounts in a way that best aligns with their investment needs and principles. By offering local investors the option to choose between Islamic and conventional bank funding for their Webull accounts, we aim to deliver inclusive, seamless and accessible trading experiences for all investors. We are also committed to enhancing the experience of local investors by offering a fully localised version of the Webull MY trading app. This feature allows users to translate all content — from portfolio displays to the latest local and international news, as well as the educational materials provided – into Bahasa Melayu, ensuring an accessible and tailored experience for our Malaysian users. We are proud to support the needs of Malaysia’s investment community and remain committed to developing innovative products that enhance convenience and accessibility for investors.”

Key product highlights

With this latest dual banking feature, Webull Malaysia aims to strengthen its position as one of the top fully online retail brokerage platforms in Malaysia, offering investors products and services tailored to meet the unique needs of local investors.

On the Webull platform, Malaysian investors will be able to:

1. Maximise their investments with transparent, low and competitive trading costs on Malaysian and U.S. stocks

Local investors can trade Malaysian and U.S. markets with zero commission fees for the first 180 days, reducing the barriers to market entry into both Bursa Malaysia and U.S. markets. Additionally, Webull Malaysia’s zero platform fees make it a cost-effective choice for investors looking to trade stocks in both Malaysian and U.S. markets.Webull Malaysia offers competitive foreign exchange rates, allowing investors to benefit from FX rate fluctuations and minimising the cost of currency conversion when trading in USD-denominated markets.

2. Features to support the needs and financial goals of local investors

With the new Islamic banking channel, local investors can choose to fund their trading account with an Islamic bank in Malaysia. Local investors funding their trading account with an Islamic bank will be part of a profit-sharing based banking facility.Shariah indicators made available to screen U.S. stocks and ETFs for easy access to Shariah-compliant assets.To ensure that Webull’s platform is accessible to native speakers in Malaysia, Webull Malaysia has fully integrated Bahasa Melayu into its platform interface, creating a more comfortable and user-friendly trading environment for all investors.

In addition to the new Islamic banking channel, Webull Malaysia currently offers investors a suite of professional trading tools, including over 17 charting tools and more than 58 technical indicators. The platform also provides timely and professional analyst ratings on various equities, helping investors refine their investment strategies and analysis. With Webull Malaysia’s user-friendly interface, investors of all levels can trade and own fractional shares starting from just USD 5.

Looking ahead, Webull Malaysia will continue to develop new products and enhance its products and services to meet the needs of local investors, empowering both new and experienced investors to capitalise on global market opportunities through a platform that aligns with their financial values and goals.

To learn more about Webull’s products and services, please visit the website: https://www.webull.com.my/

Media contact:

Cognito for Webull
Webull@cognitomedia.com

About Webull:

Webull is a leading digital investment platform built on next generation global infrastructure. The Webull Group operates in 15 regions globally and is backed by private equity investors located in the United States, Europe and Asia. Webull serves more than 20 million registered users globally, providing retail investors with 24/7 access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options, futures and fractional shares, through Webull’s trading platform, which seamlessly integrates market data and information, its user community, and investor education resources. Learn more at https://www.webullcorp.com/.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/webull-malaysia-is-the-first-online-retail-brokerage-to-launch-an-islamic-banking-channel-enabling-shariah-compliant-funding-options-to-trade-my–us-markets-302311290.html

SOURCE Webull Securities (Malaysia) Sdn. Bhd.

Continue Reading

Technology

Guidewire Congratulates 2026 Innovation Award Winners – Beazley, Definity, and RCIS

Published

on

By

Winners applied AI across product development, claims, and software delivery, reducing manual work and speeding results

LAS VEGAS, Oct. 28, 2026 /PRNewswire/ — CONNECTIONS CONFERENCE — Guidewire (NYSE: GWRE) congratulates the winners of its 2026 Innovation Awards: Beazley, Definity, and RCIS. The annual awards honor Guidewire customers for their innovation in addressing evolving business needs, driving better experiences for their customers and agents, and delivering better results across the insurance lifecycle. Winners were announced during Guidewire Connections, the company’s annual customer conference.

The three 2026 Innovation Award winners are:

1. Beazley

Modernization across product development, broker submissions, and billing is helping Beazley improve speed and efficiency while creating a foundation for growth.

Beazley, a leading Lloyd’s syndicate and global specialty insurer, is transforming its policy administration and billing capabilities through a modern, connected Guidewire Cloud platform, creating a consistent global foundation while retaining the flexibility required for local market variations. Working with Capgemini, a Guidewire Consulting Global Strategic partner, Beazley implemented Guidewire PolicyCenter and BillingCenter, with the European solution delivered in approximately eight months.

The program addresses significant complexity across Beazley’s global specialty business, including rationalizing more than 200 marketable products into a condensed, streamlined set of products which reduced complexity and improved speed to market. Capgemini’s AI-enabled delivery model, combined with Guidewire’s Advanced Product Designer (APD), established a repeatable Product Factory approach enabling rapid development.

The transformation also connects Beazley’s digital and broker platforms with its core underwriting operations through Guidewire Integration Gateway, using API and event-driven integration to support broker submissions, customer and account data and policy servicing. Combined with a modernized billing capability, this creates a more connected digital insurance lifecycle and supports Beazley’s evolution towards increasingly AI-enabled underwriting.

These capabilities provide Beazley with a scalable modern core that simplifies the underlying technology landscape while supporting greater automation, product agility and continued growth across global specialty markets.

For additional information, visit the Beazley website.

2. Definity

Definity launched its first production agentic AI solution to manage and triage broker First Notice of Loss (FNOL) intake, replacing manual data re-keying with structured draft claims generated directly in Guidewire for a claims adjuster to review.

Developed in collaboration with Deloitte, a Guidewire Consulting Global Premier partner, the solution leverages a network of AI agents to classify submissions, extract and reason over information, and execute workflows to generate structured draft claims directly in ClaimCenter.  It provides a governed, traceable path from AI processing to claims operations, keeping adjusters firmly in the loop while reducing manual effort and improving speed and consistency.

Beyond modernizing FNOL intake, the initiative establishes a scalable foundation for deploying reusable, governed agentic AI capabilities across Definity’s claims lifecycle, accelerating future innovation.

For additional information, visit the Definity website.

3. RCIS

RCIS Tech Transformation in Crop Insurance, one of the insurance industry’s most complex and highly regulated lines of business, is modernizing operations with Guidewire InsuranceSuite, Jutro Digital Platform, data, and AI-first innovation

As part of its Passion for the Possible™ initiative, RCIS enlisted PwC, a Guidewire Consulting Global Strategic partner, to transform its legacy environment into a modern, unified platform powered by Guidewire Cloud Platform, delivering enhanced digital experiences for agents, underwriters, adjusters and customers.

Led by its vision to evolve in technology, ease and modern customer experience, RCIS and PwC leveraged Guidewire Advanced Product Designer (APD), Digital and AI-first engineering to accelerate delivery of a highly customized crop insurance solution. The transformation includes complex legacy data migration, integrated geospatial Farm Maps, automated Risk Management Agency (RMA) regulatory reporting, and streamlined core insurance operations all while maintaining business continuity through critical seasonal agricultural cycles. RCIS is among the top providers of crop insurance in the U.S. and one of only 12 Approved Insurance Providers (AIPs) of the Federal Crop Insurance Program. It is the only AIP to offer coverage in all 50 U.S. states through a national network of more than 3,700 agents.

It is anticipated the RCIS Guidewire transformation will set a new benchmark – in the agriculture industry and across the insurance industry as a whole – for modernizing complex insurance platforms, combining Guidewire Cloud innovation, deep industry expertise, and AI-first engineering to accelerate transformation and deliver measurable business value.

For additional information, visit the RCIS website.

“We congratulate this year’s Innovation Award winners and thank all participants and our consulting partners for their contributions,” said Brian Desmond, CMO, Guidewire. “These insurers applied AI to the work that runs their business and have measurable results to show for it. Agentic insurance is where the industry is heading: AI agents that execute work within the controls the insurer sets. These winners are showing how to get there, on Guidewire.”

About Guidewire

Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. More than 570 insurers in 44 countries, from new ventures to the largest and most complex in the world, rely on Guidewire products. With core systems leveraging data and analytics, digital, and artificial intelligence, Guidewire defines cloud platform excellence for P&C insurers.

We are proud of our unparalleled implementation record, with 1,700+ successful projects supported by the industry’s largest R&D team and consulting partner ecosystem. Our marketplace represents the largest partner community in P&C, where customers can access hundreds of applications to accelerate integration, localization, and innovation.

For more information, please visit www.guidewire.com and follow us on X and LinkedIn.

Contact:

Melissa Cobb
Director, Public Relations
Guidewire Software, Inc.
+1.650.464.1177
mcobb@guidewire.com

NOTE: For information about Guidewire’s trademarks, visit https://www.guidewire.com/legal-notices.

View original content to download multimedia:https://www.prnewswire.com/news-releases/guidewire-congratulates-2026-innovation-award-winners–beazley-definity-and-rcis-302922851.html

SOURCE Guidewire Software

Continue Reading

Technology

Coremail Strengthens Digital Ecosystem Ties at WPS Indonesia Roundtable 2026

Published

on

By

JAKARTA, Indonesia, Oct. 29, 2026 /PRNewswire/ — Coremail participated in the WPS Indonesia Digital Ecosystem Roundtable 2026 in Jakarta, joining technology companies, local service providers and enterprise representatives to discuss Indonesia’s digital transformation and ecosystem collaboration. The company also served as title sponsor of the evening networking reception.

As Indonesia’s digital economy evolves, businesses increasingly need solutions combining cloud infrastructure, AI, enterprise software and local services. Connecting these complementary capabilities can help providers and partners better address customer needs.

The event featured partner matching, collaborative solution discussions and executive roundtables, offering opportunities to explore technology integration, joint solutions, channel development and local service delivery.

Coremail exchanged perspectives with participants on enterprise communications, data security and digitalisation in Indonesia, exploring opportunities to address evolving business requirements with local partners.

Regan Deng, Vice President of Coremail, emphasised the importance of understanding local markets and customer needs. He noted that combining complementary strengths in technology, products, infrastructure and local services can help businesses develop solutions suited to their operational requirements.

Top, Coremail’s Thailand Project Manager, introduced the company’s product portfolio, global footprint and partnership opportunities, highlighting its enterprise email communications and security expertise.

Founded in 1999, Coremail’s portfolio includes the Coremail AI-Native Secure Email System, CACTER AI-Native Secure Email Gateway, Email Archive System, Email Delivery System and Secure Email Relay. Flexible deployment and integration capabilities help organisations address differing data security, IT infrastructure and business requirements, supporting secure and reliable enterprise communications.

Coremail has established cooperation with Indonesian cloud service provider CBN Cloud to jointly develop a cloud email service platform, combining Coremail’s email technology with local service capabilities to support Indonesian businesses.

The roundtable offered opportunities to strengthen local connections and explore further collaboration in enterprise email, email security and integrated digital solutions. Coremail will seek to deepen its Southeast Asian presence and work with local partners to address evolving customer needs through secure enterprise email, email security and AI-enabled solutions.

For more information, please visit: www.coremail.co.th

About Coremail

Coremail provides enterprise email and collaboration solutions, with over 27 years of innovation in secure communication technologies. It serves over 20,000 enterprise customers and supports over 1 billion end users, with solutions widely adopted across government, finance, education, healthcare and energy.

 

View original content:https://www.prnewswire.com/apac/news-releases/coremail-strengthens-digital-ecosystem-ties-at-wps-indonesia-roundtable-2026-302921912.html

SOURCE Coremail

Continue Reading

Technology

Straits Financial Services Pte Ltd Participates in First Trading Day of LME Steel HRC Shanghai Futures

Published

on

By

SINGAPORE, Oct. 29, 2026 /PRNewswire/ — Straits Financial Services Pte Ltd (SFSPL), a member of Straits Financial Group, announces its participation in the first trading day of the London Metal Exchange (LME) Steel HRC Shanghai futures contract on 27 October 2026.

SFSPL’s participation reflects its continued commitment to supporting the development of commodity derivatives markets and connecting clients with exchange-traded instruments to manage price risk.

The new contract is cash-settled in US dollars against the Shanghai Futures Exchange (SHFE) Hot-Rolled Coil (HRC) steel price, as converted by Commodity Pricing and Analysis Limited (CPAL). It marks the first time an SHFE metals price has been made available for trading on another exchange.

By bringing the SHFE HRC benchmark to LME, the contract provides international market participants with more direct access to this price. It also strengthens links between China’s steel market and the global trading community, supporting the risk-management needs of producers, traders, investors, and financial institutions.

“We are thrilled to participate in the first trading day of the LME Steel HRC Shanghai futures contract. The new contract broadens the range of instruments available to international participants seeking to manage steel price exposure,” said Mr Roger Quek, CEO and Managing Director of SFSPL.

Straits Financial Services looks forward to supporting the development of this market and helping its clients access relevant risk management solutions across global commodity markets.

About Straits Financial Services Pte Ltd

At Straits Financial Services Pte Ltd, we distinguish ourselves by promoting key and innovative contracts to support the financial and commodity derivative markets as well as providing products and services to fulfill the needs of every trader.

With a strong presence in Asia and a deep understanding of the global markets, we provide value to our clients by enabling global access with a local perspective. Established in 2010, Straits Financial Services Pte Ltd is part of Straits Financial Group which is headquartered in Singapore.

Straits Financial Services Pte Ltd provides a fully integrated service for our clients to access the financial and commodity derivative markets and we strive to build lasting relationships with our clients.

For more information, please visit our website at https://www.straitsfinancial.com.

This document is issued for information purposes only. This document is not intended and should not under any circumstances be construed as an offer or solicitation to buy or sell, nor financial advice or recommendation in relation to any capital market product. All the information contained herein is based on publicly available information and has been obtained from sources that Straits Financial Services Pte Ltd believes to be reliable and correct at the time of publishing this document.

Straits Financial Services Pte Ltd will not be liable for any loss or damage of any kind (whether direct, indirect or consequential losses or other economic loss of any kind) suffered due to any omission, error, inaccuracy, incompleteness, or otherwise, any reliance on such information. Past performance or historical record of futures contracts, derivatives contracts, and commodities is not indicative of the future performance. The information in this document is subject to change without notice.

If after reading the foregoing content you have any doubts in relation there to, please consult your own independent legal, financial and/or professional adviser.

View original content:https://www.prnewswire.com/apac/news-releases/straits-financial-services-pte-ltd-participates-in-first-trading-day-of-lme-steel-hrc-shanghai-futures-302922017.html

SOURCE Straits Financial

Continue Reading

Trending