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WeBank Powers Fusion Bank’s Rapid Launch of a Next-Generation Core Banking System

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SHENZHEN, China, Nov. 22, 2024 /PRNewswire/ — Fusion Bank in Hong Kong has officially launched its next-generation core banking system following a series of successful data migration and business validation. Built on WeBank’s cutting-edge digital banking technology framework, the new system brings benefits that enhance operational efficiency and enable the bank to adapt swiftly to market changes, laying a remarkable foundation for future innovation and business growth. The project marks a key achievement in the strategic partnership between WeBank and Fusion Bank, which was established since September 2023, and showcases the success of cross-border fintech collaboration between Shenzhen and Hong Kong.

To enhance its digital services and achieve sustainable business growth, Fusion Bank launched its new core banking system project in December 2023, with the support from WeBank. Aligning with Fusion Bank’s new business strategy, the project encompassed over 150 subsystems across 5 core banking areas: retail deposits, retail loans, corporate deposits, corporate loans and foreign exchange services. In compliance with regulatory requirements and market standards, WeBank leveraged its proprietary, secure digital banking infrastructure technologies to integrate and transform the 150 subsystems within just 10 months. The system underwent thorough testing and the go-live switchover took only 15 hours to complete, minimizing disruption to users. Notably, during the 6-hour data migration window, complex data from legacy systems provided by multiple vendors was smoothly converted to the new platform, ensuring seamless integration of user data.

As a leading digital bank, WeBank has pioneered the world’s first next-generation core banking system based on a fully distributed architecture, designed in-house using commodity servers and open-source technologies since its inception. As of September 2024, this system serves over 400 million individual customers and more than 5 million micro-, small- and medium-sized enterprises (MSMEs), handling a peak daily transaction volume of over 1.2 billion and achieving an annual product availability rate exceeding 99.999%. Furthermore, WeBank has reduced annual IT operational costs per account to just USD 0.30, less than one-tenth of the industry average.

WeBank is setting new standards in digital banking innovation with its advanced technology infrastructure. Built on an open, distributed architecture, the platform enables seamless integration of both legacy and modern systems. Leveraging features such as modular designs, AI-native capabilities, and parameterized product development, it accelerates the rollout of new financial products, enabling weekly launches and faster market entry. Its highly scalable and flexible framework supports on-demand capacity expansion and cost-efficient business deployment. With streamlined tech stacks, multi-cloud compatibility, and AIOps tools, WeBank delivers a groundbreaking solution that reduces operational costs while enhancing agility and efficiency.

Amid the global wave of digital transformation in the financial sector, institutions are increasingly turning to digital solutions to enhance customer experience while reducing costs and improving efficiency. Driven by customer demand, the digital finance solutions market is evolving toward more open technological frameworks, flexible deployment models, and diverse partnership opportunities. WeBank’s successful support in the launch of Fusion Bank’s next-generation core banking system not only demonstrates the continued effectiveness of WeBank’s digital banking infrastructure in the international market but also offers a valuable reference for accelerating core system upgrades and advancing digital transformation in Hong Kong’s financial sector.

In June of this year, WeBank established the fintech arm in Hong Kong — WeBank Technology Services. Moving forward, WeBank Technology Services will leverage WeBank’s extensive experience in fintech and the successful deployment of Fusion Bank’s core system to offer leading digital banking solutions to financial institutions undergoing digital transformation in Hong Kong and globally.

About WeBank

Launched in 2014, WeBank Co., Ltd. (“WeBank”) is the first digital bank in China. WeBank provides more convenient financial services to micro-, small- and medium-sized enterprises (MSMEs) and the general public, and continuously improves the quality of services in response to customers’ specific needs. WeBank ranked No. 1 in The Asian Banker’s Global Top 100 Digital Banks in 2022 and 2023. By June 2024, WeBank has served over 400 million retail customers and 5 million MSMEs.

About WeBank Technology Services

WeBank Technology Services was launched in Hong Kong in June 2024. WeBank Technology Services sets out to leverage WeBank’s cutting-edge fintech capabilities and digital finance best practice to deliver a variety of superior digital finance and digital infrastructure solutions to digital banks, financial institutions, government agencies, and industry partners worldwide.

View original content:https://www.prnewswire.com/apac/news-releases/webank-powers-fusion-banks-rapid-launch-of-a-next-generation-core-banking-system-302314010.html

SOURCE WeBank Co. Ltd.

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America’s Largest Political Group Is Getting Its Own Election Night

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A record 45% of Americans identify with neither party. On November 3, they get the first nationally televised Election Night built around the independent voter bloc, presented by United Independents, the organization behind the Independent National Convention, in partnership with DeFiance Media.

WASHINGTON, Oct. 26, 2026 /PRNewswire/ — Can the country’s largest bloc of voters turn identity into representation? Independents now make up 45% of U.S. adults, a record high in Gallup’s 2025 data, yet partisan coverage continues to dominate mainstream mediums. On November 3, one broadcast will cover the election from the Independent point of view.

Broadcast live from the National Press Club’s television studio in Washington, D.C. Election Night 2026: Independent Edition is an eight-hour program hosted by Christopher Life, founder and CEO of United Independents, and Macy Gunnell, NewsForce’s White House correspondent. DeFiance Media will be producing and streaming the broadcast.

Built on live election data from The Associated Press (AP), the program will call the national races as the returns come in. Then it goes where other broadcasts don’t: race-by-race coverage of independent candidates in consequential congressional contests, and guest conversations with the strategists and organizers behind them.

Built for the Voters Both Parties Are Chasing

Two generations of Americans have come of age as independent voters, and in 74 years of nationally televised Election Night broadcasts, not one has been built around them. This one is: national results and the balance of power, dedicated coverage of the independent candidates who could tip the next Congress, and a live chat with selected viewer questions put to the hosts and guests on air.

Open to Every Newsroom

Television pool feed. U.S. television outlets, including local stations, can carry the program live, in full or in part, separate from DeFiance Media’s full-program streaming.Social streaming. The broadcast streams through participating social media partners. Channels that want to carry it can sign up at Election2026.live.Live clips and excerpts. Newsrooms, commentators, and creators can pull portions of the program for reporting and social distribution while the broadcast is underway.

Request access through the Media & Distribution Access Form at Election2026.live.

Free and Accessible Nationwide

Going live Tuesday, November 3rd, 2026, from 6 PM- 2 AM ET. Updates, guest announcements, and viewing instructions: Election2026.live.

Media Contact

Shaun Saunders
shaun@graffiticreativegroup.com

View original content:https://www.prnewswire.com/news-releases/americas-largest-political-group-is-getting-its-own-election-night-302919753.html

SOURCE DeFiance Media

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Pianist Michael Weinstein Wins Best Social Media Music Collaborations at the 2026 Vega Awards

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With more than a million followers across social media, Weinstein’s piano collaborations bring together vocalists from around the world to create unique musical performances and reach new audiences.

SOUTH SALEM, N.Y., Oct. 26, 2026 /PRNewswire-PRWeb/ — Pianist, entrepreneur and social media creator Michael Weinstein has been recognized at the 2026 Vega Digital Awards in the Social Media Collaboration category for his music collaboration series, Piano Sessions: Bringing Voices Together Through Music.

“I love collaborating with talented singers including building friendships that have become just as meaningful as the music itself.”

Weinstein has built a social media audience of more than a million followers across TikTok, Instagram and other platforms by sharing piano performances and collaborations with singers from around the world. His videos feature vocalists performing alongside his piano accompaniment, creating intimate musical performances that showcase each artist’s individual talent and style.

While Weinstein has spent much of his professional career building businesses and marketing consumer brands, music has always remained one of his greatest passions.

“Music has always been a huge part of my life and one of the things I enjoy most is collaborating with other musicians,” said Weinstein. “I’ve had the opportunity to work with so many incredibly talented singers and I love being able to play alongside them and create something special together. It’s also rewarding to introduce these artists to new audiences while building relationships and friendships that have become just as meaningful as the music itself.”

An accomplished pianist and keyboardist, Weinstein has collaborated with an impressive range of vocalists, including artists who have performed and recorded with Maroon 5, Sting, John Legend, Alicia Keys, Usher, Lauryn Hill and Jill Scott. He has also collaborated with standout performers from American Idol, America’s Got Talent and The Voice.

Weinstein is also planning a live concert in New York City in 2027, bringing together several of the talented vocalists featured on his social media channels for a special collaborative performance. Additional details will be announced in the coming months.

Outside of music, Weinstein is the Founder and CEO of JAM Direct, a marketing and advertising agency, and former Chief Marketing Officer of Allstar Products Group, where he was responsible for marketing some of the most successful products in “As Seen On TV” history, including the Snuggie, ShamWow and Shake Weight.

Watch Michael Weinstein’s performances here:

https://linktr.ee/mweinsteinmusic

About the Vega Digital Awards

The Vega Digital Awards is an international competition recognizing excellence in social media, digital marketing and brand strategy. Judged by the International Awards Associate (IAA), the competition honors work that demonstrates innovation, effectiveness and measurable impact across the global marketing landscape.

Media Contact

Michael Weinstein, JAM Direct, 1 9146610053, mw@jamdirect.com, https://michaelweinstein.me/

View original content to download multimedia:https://www.prweb.com/releases/pianist-michael-weinstein-wins-best-social-media-music-collaborations-at-the-2026-vega-awards-302919551.html

SOURCE JAM Direct

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Landis+Gyr Secures Major Contract with Leading US Utility

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CHAM, Switzerland and ALPHARETTA, Ga., Oct. 26, 2026 /PRNewswire/ — Landis+Gyr Group AG (SIX: LAND), a global energy technology leader driving intelligent innovation across the grid, today announced that it has secured a major contract with a leading US investor-owned electric utility. The agreement covers more than 3 million advanced metering endpoints.

Under the agreement, Landis+Gyr will provide Revelo meters and associated network and head-end system technologies, complemented by advanced security solutions, premium support, and software maintenance and services. The deployment is expected to advance the utility’s grid modernization objectives by enhancing security, grid visibility and operational performance.

“This important win reflects the strong momentum of our Grid Edge Intelligence portfolio and the trust customers place in Landis+Gyr to support large-scale grid modernization programs. By combining advanced metering, integrated technology, security and support capabilities, we look forward to helping this utility enhance grid visibility, reliability and operational performance,” said Peter Mainz, Chief Executive Officer of Landis+Gyr.

About Landis+Gyr

Landis+Gyr is a global energy technology leader, delivering intelligent solutions that connect devices, data, and decisions across the grid. Trusted by more than 2,000 utilities worldwide, we transform traditional devices into intelligent, networked sensors, giving utilities real-time grid visibility and system control. With these combined insights, electric, gas, and water companies can anticipate demand, optimize operations, and deliver energy that’s more reliable, resilient, accessible, safe, and sustainable for everyone. For more information, please visit our website www.landisgyr.com.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/landisgyr-secures-major-contract-with-leading-us-utility-302919687.html

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