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First International Bank of Israel Reports Financial Results for the Third Quarter of 2024

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2 years ago

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Reflects continued growth and high profitability while maintaining financial stability

TEL AVIV, Israel, Nov. 25, 2024 /PRNewswire/ — First International Bank of Israel (TASE: FIBI) one of Israel’s major banking groups, today announced its results for the third quarter and nine-month period ended September 30, 2024.

Financial Highlights

Financial Highlights for the Third Quarter of 2024

Net income of NIS 620 million and a return on equity of 19.4% in the third quarter of 2024;Net income of NIS 1,798 million and a return on equity of 19.4% for the first nine months of the year;Credit to the public grew by 6% compared to the end of 2023 and by 3.5% compared to the second quarter of the year;Deposits by the public grew by 11.4% compared to the end of 2023, and by 4.3% compared to the second quarter of the year;The portfolio of customers’ assets grew by 19% compared to the end of 2023, and reached NIS 800 billion;Equity attributed to the Bank’s shareholders was NIS 13 billion, an increase of 8.2% compared to the end of 2023;The tier 1 capital ratio was 11.41%;The Bank’s Board of Directors decided to distribute a dividend in the amount of NIS 248 million, representing 40% of the net income.

Financial Results of the Third Quarter 2024

Net profit for the First International Bank Group was NIS 620 million in the third quarter of 2024, an increase of 36.3 % compared to the comparative quarter in the previous year. Return on equity was 19.4%.

The net profit for the first nine months of the year was NIS 1,798 million, an increase of 7.5% compared to the comparative period in the previous year. The return on equity was 19.4%.

Expense for credit losses was NIS 22 million in the third quarter, amounting to 0.07% of the average balance of credit to the public. Income for credit losses amounted to NIS 51 million in the first nine months of the year, primarily from debt recovery. In the corresponding period of last year, expenses of NIS 336 million were recorded which was due to an increase in collective provisions because of concerns over macroeconomic impacts, amid uncertainty.

High-quality credit portfolio: the NPL (non-performing loan) ratio remained stable and reached 0.57% at the end of the third quarter. This reflects the quality of the credit portfolio, (the balance of debts not accruing or overdue by 90 days or more out of the total credit to the public). The total coverage ratio (the ratio of the total credit loss provisions to the total credit to the public) stood at 1.41%, compared to 1.37% in the comparative period last year.

The operating and other expenses were NIS 2,240 million in the first nine months of the year, an increase of 2% compared to the comparative period in the previous year, mainly due to an increase in other expenses: IT-related, donations, telecommunications and advertising. The efficiency ratio stood at 44.5%.

Credit to the public amounted to NIS 126.4 billion, an increase of 6% compared to the end of 2023. There was an increase in the credit of 3.5% in the third quarter, compared to the second quarter of the year.

Deposits by the public amounted to NIS 213 billion, an increase of 11.4% compared to the end of 2023, and 4.3% compared to the second quarter.

The total customers’ assets portfolio increased by 26% year-over-year and by 19% compared to the end of 2023, to approximately 800 billion.

Equity attributed to shareholders in the Bank increased to NIS 13 billion, an increase of 8.2% compared to the end of 2023. The tier 1 capital ratio reached 11.41%, approximately -2.2% above the regulatory requirement, reflecting the highest capital surplus in the Israeli banking system. The liquidity coverage ratio is high and stands at 171%.

Considering the requests of the Banking Supervisor regarding capital planning and profits distribution policies, the Bank’s Board of Directors decided to approve the distribution of a cash dividend to the shareholders for NIS 248 million representing 40% of the net income. The Bank’s Board of Directors will continue to review the implementation of the Bank’s dividend distribution policy in light of ongoing developments and their impact on the Israeli economy and on the Bank.

Management Comment

Eli Cohen, CEO of First International Bank, commented: ,”The Bank’s reports reflect a growth trend both on the passive side, including deposits and securities of the public, which reached a record NIS 800 billion, and also on the active side, with a considerable increase in the credit portfolio, which has been achieved while maintaining the quality of the underwriting and portfolio diversification.

“Amid economic uncertainty and the ongoing multi-front war in Israel, the First International Bank maintained high capital and liquidity cushions, ensuring resilience and our ability to continue supporting our customers. The Bank is continuing to provide benefits and relief measures for customers to help them navigate the current challenging period.

“I am proud to say that the First International Bank’s customers are the most satisfied among bank customers in Israel, reporting high satisfaction with the Bank, the professionalism of its services and their willingness to recommend the bank to their friends. This is evidenced via customer surveys, including the recent Marketest survey. This reflects the high quality service and competitiveness of the First International Bank, as well as the professionalism and the dedication of our Group’s employees, all of whom have contributed to the achievement.

“We recently announced a number of management changes at the Bank: Vered Golan was appointed to the position of Head of the Corporate Division, Dr. Moriah Hoftman-Doron was appointed to the position of Chief Legal Counsel, and Liora Shechter was appointed CEO of Mataf. I wish considerable success to the new members of our management team.”

 

CONDENSED PRINCIPAL FINANCIAL INFORMATION AND PRINCIPAL EXECUTION INDICES

Principal financial ratios

For the nine months
ended September 30,

For the year ended
December 31,

2024

2023

2023

in %

Principal execution indices

Return on equity attributed to shareholders of the Bank(1)

19.4

20.5

19.7

Return on average assets(1)

1.05

1.10

1.06

Ratio of equity capital tier 1

11.41

10.84

11.35

Leverage ratio

5.17

5.30

5.26

Liquidity coverage ratio

171

142

156

Net stable funding ratio

142

138

146

Ratio of total income to average assets(1)

2.9

3.3

3.2

Ratio of interest income, net to average assets (1)

2.1

2.5

2.4

Ratio of fees to average assets (1)

0.7

0.7

0.7

Efficiency ratio

44.5

43.6

43.5

Credit quality indices

Ratio of provision for credit losses to credit to the public

1.29

1.25

1.36

Ratio of total provision for credit losses (2) to credit to the public

1.41

1.37

1.50

Ratio of non-accruing debts or in arrears of 90 days or more to credit to the public

0.57

0.49

0.60

Ratio of provision for credit losses to total non-accruing credit to the public

230.5

263.8

234.5

Ratio of net write-offs to average total credit to the public (1)

(0.06)

–

0.03

Ratio of expenses (income) for credit losses to average total credit to the public (1)

(0.06)

0.38

0.42

Principal data from the statement of income

For the nine months
ended September 30,

2024

2023

NIS million

Net profit attributed to shareholders of the Bank

1,798

1,673

Interest Income, net

3,601

3,820

Expenses (income) from credit losses

(51)

336

Total non-Interest income

1,436

1,216

   Of which:      Fees

1,123

1,131

Total operating and other expenses

2,240

2,197

   Of which:      Salaries and related expenses

1,302

1,353

Primary net profit per share of NIS 0.05 par value (NIS)

17.92

16.67

Principal data from the balance sheet

30.9.24

30.9.23

31.12.23

NIS million

Total assets

242,512

210,673

221,593

of which:    Cash and deposits with banks

81,440

61,659

68,866

                Securities

28,860

22,043

26,985

                Credit to the public, net

124,749

118,577

117,622

Total liabilities

228,823

198,542

208,947

of which:    Deposits from the public

212,907

181,274

191,125

                Deposits from banks

2,631

3,824

4,314

                Bonds and subordinated capital notes

4,474

4,751

4,767

Capital attributed to the shareholders of the Bank

13,066

11,583

12,071

Additional data

30.9.24

30.9.23

31.12.23

Share price (0.01 NIS)

15,410

16,360

14,990

Dividend per share (0.01 NIS)

739

706

795

(1)    Annualized.

(2)    Including provision in respect of off-balance sheet credit instruments.

 

CONSOLIDATED STATEMENT OF INCOME

(NIS million)

For the three months
ended September 30

For the nine months
ended September 30

For the year Ended
December 31

2024

2023

2024

2023

2023

(unaudited)

(unaudited)

(unaudited)

(unaudited)

(audited)

Interest Income

2,955

2,590

8,410

7,289

9,850

Interest Expenses

1,690

1,363

4,809

3,469

4,884

Interest Income, net

1,265

1,227

3,601

3,820

4,966

Expenses (income) from credit losses

22

165

(51)

336

502

Net Interest Income after expenses from credit losses

1,243

1,062

3,652

3,484

4,464

Non- Interest Income

Non-Interest Financing income

153

(1)

300

78

142

Fees

396

375

1,123

1,131

1,502

Other income

3

–

13

7

8

Total non- Interest income

552

374

1,436

1,216

1,652

Operating and other expenses

Salaries and related expenses

430

438

1,302

1,353

1,746

Maintenance and depreciation of premises and equipment

91

89

264

256

341

Amortizations and impairment of intangible assets

36

31

99

91

122

Other expenses

220

175

575

497

668

Total operating and other expenses

777

733

2,240

2,197

2,877

Profit before taxes

1,018

703

2,848

2,503

3,239

Provision for taxes on profit

390

247

1,033

869

1,090

Profit after taxes

628

456

1,815

1,634

2,149

The bank’s share in profit of equity-basis investee, after taxes

22

21

62

105

113

Net profit:

Before attribution to non‑controlling interests

650

477

1,877

1,739

2,262

Attributed to non‑controlling interests

(30)

(22)

(79)

(66)

(90)

Attributed to shareholders of the Bank

620

455

1,798

1,673

2,172

NIS

Primary profit per share attributed to the shareholders of the Bank

Net profit per share of NIS 0.05 par value

6.18

4.53

17.92

16.67

21.65

 

STATEMENT OF COMPREHENSIVE INCOME

(NIS million)

For the three months
ended September 30

For the nine months
ended September 30

For the year Ended
December 31

2024

2023

2024

2023

2023

(unaudited)

(unaudited)

(unaudited)

(unaudited)

(audited)

Net profit before attribution to non‑controlling interests

650

477

1,877

1,739

2,262

Net profit attributed to non‑controlling interests

(30)

(22)

(79)

(66)

(90)

Net profit attributed to the shareholders of the Bank

620

455

1,798

1,673

2,172

Other comprehensive income (loss) before taxes:

Adjustments of available for sale bonds to fair value, net

129

52

(115)

78

213

Adjustments of liabilities in respect of employee benefits(1)

(2)

34

10

37

25

Other comprehensive income (loss) before taxes

127

86

(105)

115

238

Related tax effect

(49)

(29)

41

(40)

(81)

Other comprehensive income (loss) before attribution to non‑controlling interests, after taxes

78

57

(64)

75

157

Less other comprehensive income (loss) attributed to non‑controlling interests

3

1

(2)

6

9

Other comprehensive income (loss) attributed to the shareholders of the Bank, after taxes

75

56

(62)

69

148

Comprehensive income before attribution to non‑controlling interests

728

534

1,813

1,814

2,419

Comprehensive income attributed to non‑controlling interests

(33)

(23)

(77)

(72)

(99)

Comprehensive income attributed to the shareholders of the Bank

695

511

1,736

1,742

2,320

(1)   Mostly reflects adjustments in respect of actuarial assessments as of the end of the period regarding defined benefits pension plans and deduction of amounts recorded in the past in other comprehensive income.

 

CONSOLIDATED BALANCE SHEET

(NIS million)

September 30,

December 31,

2024

2023

2023

(unaudited)

(unaudited)

(audited)

Assets

Cash and deposits with banks

81,440

61,659

68,866

Securities

28,860

22,043

26,985

Securities borrowed

147

155

57

Credit to the public

126,374

120,073

119,240

Provision for Credit losses

(1,625)

(1,496)

(1,618)

Credit to the public, net

124,749

118,577

117,622

Credit to the government

1,611

1,015

1,055

Investment in investee company

854

776

786

Buildings and equipment

852

871

877

Intangible assets

350

305

328

Assets in respect of derivative instruments

2,308

3,940

3,651

Other assets(2)

1,341

1,332

1,366

Total assets

242,512

210,673

221,593

Liabilities and Capital

Deposits from the public

212,907

181,274

191,125

Deposits from banks

2,631

3,824

4,314

Deposits from the Government

689

665

750

Securities lent or sold under agreements to repurchase

1,542

–

–

Bonds and subordinated capital notes

4,474

4,751

4,767

Liabilities in respect of derivative instruments

2,086

3,496

3,784

Other liabilities(1)(3)

4,494

4,532

4,207

Total liabilities

228,823

198,542

208,947

Shareholders’ equity

13,066

11,583

12,071

Non-controlling interests

623

548

575

Total capital

13,689

12,131

12,646

Total liabilities and capital

242,512

210,673

221,593

(1)    Of which: provision for credit losses in respect of off-balance sheet credit instruments in the amount of NIS 160 million and NIS 150 million and NIS 165 million at 30.9.24, 30.9.23 and 31.12.23, respectively.

(2)    Of which: other assets measured at fair value in the amount of NIS 16 million and NIS 13 million and NIS 10 million at 30.9.24, 30.9.23 and 31.12.23, respectively.

(3)    Of which: other liabilities measured at fair value in the amount of NIS 48 million and NIS 26 million and NIS 11 million at 30.9.24, 30.9.23 and 31.12.23, respectively.

 

STATEMENT OF CHANGES IN EQUITY

(NIS million)

For the three months ended September 30, 2024 (unaudited)

Share
capital and
premium (1)

Accumulated
other
comprehensive
income (loss)

Retained
earnings (2)

Total
share-holders’
equity

Non-
controlling
interests

Total
capital

Balance as of June 30, 2024

927

(292)

11,980

12,615

590

13,205

Net profit for the period

–

–

620

620

30

650

Dividend

–

–

(244)

(244)

–

(244)

Other comprehensive income, after tax effect

–

75

–

75

3

78

Balance as at September 30, 2024

927

(217)

12,356

13,066

623

13,689

For the three months ended September 30, 2023 (unaudited)

Share
capital and
premium (1)

Accumulated
other
comprehensive
income (loss)

Retained
earnings (2)

Total
share-holders’
equity

Non-
controlling
interests

Total
capital

Balance as of June 30, 2023

927

(290)

10,655

11,292

525

11,817

Net profit for the period

–

–

455

455

22

477

Dividend

–

–

(220)

(220)

–

(220)

Other comprehensive income, after tax effect

–

56

–

56

1

57

Balance as at September 30, 2023

927

(234)

10,890

11,583

548

12,131

For the nine months ended September 30, 2024 (unaudited)

Share
capital and
premium (1)

Accumulated
other
comprehensive
loss

Retained
earnings (2)

Total
share-holders’
equity

Non-
controlling
interests

Total
capital

Balance as at December 31, 2023 (audited)

927

(155)

11,299

12,071

575

12,646

Net profit for the period

–

–

1,798

1,798

79

1,877

Dividend

–

–

(741)

(741)

(29)

(770)

Other comprehensive loss, after tax effect

–

(62)

–

(62)

(2)

(64)

Balance as at September 30, 2024

927

(217)

12,356

13,066

623

13,689

For the nine months ended September 30, 2023 (unaudited)

Share
capital and
premium (1)

Accumulated
other
comprehensive
income (loss)

Retained
earnings (2)

Total
share-holders’
equity

Non-
controlling
interests

Total
capital

Balance as at December 31, 2022 (audited)

927

(303)

9,935

10,559

476

11,035

Adjustment of the opening balance, net of tax, due to the effect of initial implementation in investee company*

–

–

(10)

(10)

–

(10)

Adjusted balance at January 1, 2023, following initial implementation

927

(303)

9,925

10,549

476

11,025

Net profit for the period

–

–

1,673

1,673

66

1,739

Dividend

–

–

(708)

(708)

–

(708)

Other comprehensive income, after tax effect

–

69

–

69

6

75

Balance as at September 30, 2023

927

(234)

10,890

11,583

548

12,131

STATEMENT OF CHANGES IN EQUITY (CONT’D)

(NIS million)

For the year ended December 31, 2023 (audited)

Share
capital and
premium(1)

Accumulated
other
comprehensive
income (loss)

Retained
earnings(2)

Total

Non-
controlling
interests

Total
capital

Balance as at December 31, 2022

927

(303)

9,935

10,559

476

11,035

Adjustment of the opening balance, net of tax, due to the effect of initial implementation in investee company *

–

–

(10)

(10)

–

(10)

Adjusted balance at January 1, 2023, following initial implementation

927

(303)

9,925

10,549

476

11,025

Net profit for the year

–

–

2,172

2,172

90

2,262

Dividend

–

–

(798)

(798)

–

(798)

Other comprehensive income, after tax effect

–

148

–

148

9

157

Balance as at December 31, 2023

927

(155)

11,299

12,071

575

12,646

*       Cumulative effect of the initial implementation of US accounting principles in the matter of financial instruments – credit losses (ASC-326).

(1)    Including share premium of NIS 313 million (as from 1992 onwards).

(2)    Including an amount of NIS 2,391 million which cannot be distributed as dividend.

 

Contact:
Dafna Zucker
First International Bank of Israel
Zucker.d@fibi.co.il
+972-3-519-6224

 

View original content:https://www.prnewswire.com/news-releases/first-international-bank-of-israel-reports-financial-results-for-the-third-quarter-of-2024-302315188.html

SOURCE First International Bank of Israel

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Vantrue Announces Early Black Friday Sale with Up to 44% Off Select Dash Cams

Published

3 hours ago

on

October 25, 2026

By

November 1–21, 2026 | Official Website: Vantrue.com

SHENZHEN, China, Oct. 25, 2026 /PRNewswire/ — Vantrue, a dash cam brand dedicated to helping drivers capture the road with confidence, is launching its three-week Black Friday campaign from November 1 to November 21, 2026. The event brings together discounts of up to 44% on selected dash cams, a 100% win-rate prize wheel for subscribers, and exclusive bidding events, giving drivers multiple ways to discover and save on Vantrue products.

Every Eligible Spin Wins a Prize

The Black Friday excitement starts with Vantrue’s 100% win-rate spin wheel. Visitors can subscribe through the official website and spin for a chance to receive exciting rewards, including the latest Vantrue dash cams, special prize bundles, and other surprises. Each subscriber is eligible for one spin during the campaign.

Black Friday Deals in Two Waves

Vantrue’s Black Friday offers will roll out in two waves, featuring discounts on selected dash cams for everyday drivers, rideshare professionals, and those looking to upgrade their in-car recording setup.

Wave 1: November 1–10, 2026

Vantrue E1 Lite: 36% off — $69.99 (regular price: $109.99)
 Vantrue N2X: 36% off — $159.99 (regular price: $249.99)
 Vantrue N4S: 44% off — $199.99 (regular price: $359.99)
 

Wave 2: November 11–21, 2026

Vantrue E1 Pro S: 35% off — $129.99 (regular price: $199.99)
 Vantrue N5S: 36% off — $293.99 (regular price: $459.99)
 Vantrue N4 Pro S: 40% off — $279.99 (regular price: $469.99)
 

Exclusive Bidding Events Add More Excitement

In addition to the promotional pricing, Vantrue will host two special bidding events, offering participants another way to pursue selected dash cams at competitive prices.

BID #1: November 5–7, 2026 — Bid on featured products for a chance to secure them at a lower price.BID #2: November 12–14, 2026 — Return for another opportunity to bid on premium models.

With multiple ways to participate throughout the three-week event, Vantrue’s Black Friday campaign combines savings, interactive rewards, and special shopping opportunities in one destination.

Join Vantrue’s Black Friday Event

From November 1 through November 21, 2026, drivers can explore the latest offers, take part in the prize wheel, and join the bidding events through Vantrue’s official website.

Visit https://www.vantrue.com/ for campaign details and product offers.

About Vantrue

Founded in 2015, Vantrue is a leading global dash cam brand dedicated to providing intelligent, reliable, and user-centric driving solutions. With a focus on innovative technology, dependable performance, and user-friendly design, Vantrue develops dash cams for everyday drivers, families, and professionals on the road. Committed to helping drivers capture every journey with greater confidence and peace of mind, Vantrue continues to innovate to make every drive safer and every moment worth capturing.

Media Contact
Vantrue Media Relations
Email: support@vantrue.net
Website: https://www.vantrue.com

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SOURCE Vantrue

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LexisNexis Coplogic Solutions Introduces Field Clarity for LexisNexis® Desk Officer Reporting System (DORS) at IACP 2026

Published

6 hours ago

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October 25, 2026

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A new, modern DORS and Field Clarity, the First AI-Guided Smartphone Video Assistant, Enhances Community Experience and Helps Improve Evidence, Case Building

ORLANDO, Fla., Oct. 25, 2026 /PRNewswire/ — LexisNexis® Coplogic™ Solutions today announced its modernized LexisNexis® Desk Officer Reporting System (DORS) community online reporting solution and the addition of DORS with Field Clarity, an AI-guided video assistant designed to improve field documentation accuracy and enable faster resolution by law enforcement agencies (LEAs). Field Clarity is designed to help community members submit reports to their local LEAs using DORS via intuitive step-by-step instructions. A hands-on experience for DORS with Field Clarity will be available for demonstration during the 2026 International Association of Chiefs of Police (IACP) annual conference.

“Agencies generally look to strategic partners like us not just for technology, but also for relief, reinforcement, and credibility across three tightly connected challenges: public expectation, workforce strain and digital evidence overload,” said Jason LaRue, associate vice president, LexisNexis Coplogic Solutions. “Our modernized LexisNexis Desk Officer Reporting System (DORS) helps agencies improve officer safety along with community member experiences. Field Clarity strengthens video evidence quality and digital evidence management to reduce friction and alleviate strain on a challenged workforce.”

Key Highlights
Integrated into LexisNexis® Desk Officer Reporting System (DORS), Field Clarity is the first AI-Guided video assistant for community member online reporting that:

Transforms data capture from passive intake into intelligent, guided capture to help create more positive officer and civilian mobile-first experiencesDrives more accurate field documentation, evidence and case building to help with faster resolution and enhanced public safetyBenefits civilians submitting reports with intuitive, step-by-step instructions, almost like having a digital assistant with them in real timeBenefits officers by bringing video, photos and scanned data together for a clearer picture of an event without the need to track down additional details

How the DORS with Field Clarity Solution Works
DORS allows each law enforcement agency to collect information directly from civilians on more than 200 incident types based on the needs of their community. DORS and Field Clarity make the filing of an online report experience easier by guiding users intuitively through each step of the process on their smartphone device, similar to having a personal digital assistant. Instead of asking a driver, for example, to fill out forms and guess what’s needed, the Field Clarity conversational interface prompts them to scan their driver’s license, capture a VIN or record a short walkaround video explaining what happened during the incident, all while capturing the data necessary to complete the report.

For civilians, being able to easily film on-scene evidence means less confusion and need for reentries or follow-up by the sworn officer responsible for approving reports. For officers, the benefits include cleaner, more complete accident reports and less time spent requesting and gathering additional details. With reports fed directly into the agency’s Record Management System (RMS), law enforcement also benefits from more efficient workflows and stronger documented cases for their investigators. DORS is used by nearly 600 agencies in North America, saving agencies approximately 900,000 personnel hours and $90 million annually*

“Trust in law enforcement is built one interaction at a time. Every opportunity for a community member to engage with their police department matters, including something as routine as filing a report,” said Sarah E. Connolly, co-founder of Guardian Communications, FBI-LEEDA instructor and retired Baltimore Police lieutenant and PIO. “When technology makes that process easier, improves the quality of information collected and supports a more responsive agency, it has the potential to do more than improve efficiency. It can help strengthen the relationship between law enforcement and the communities they serve.”

LexisNexis Coplogic Solutions delivers solutions and capabilities that can create a clearer line of sight from the field to law enforcement leadership, strengthening the connection between daily operations, workforce support, data management and community trust. DORS with Field Clarity is available through LexisNexis® Command Center, a single access point to the LexisNexis Coplogic Solutions data and analytics solutions suite, including LexisNexis®  BuyCrash®, LexisNexis® eCrash and LexisNexis® eCitation solutions. Coplogic Solutions also offers Unified Performance Dashboards for crash and citation mapping and illustrated visualizations, which connect field data with contextual insight in a single, coherent view – so law enforcement leaders can better understand and more confidently explain to their communities not just what is happening in near-real time, but also why. 

To speak with Coplogic law enforcement experts about LexisNexis Desk Officer Reporting System (DORS) with Field Clarity and experience the solution firsthand, visit LexisNexis Coplogic Solutions at IACP Booth #941, October 24 – 27, 2026 in Orlando, Florida. To learn more, check out this video: LexisNexis® Desk Officer Reporting System (DORS).

About LexisNexis Risk Solutions
LexisNexis® Risk Solutions provides customers with information-based analytics and decision tools that combine public and industry-specific content with advanced technology and algorithms to assist them in evaluating and predicting risk and enhancing operational efficiency. Headquartered in metro Atlanta, Georgia, the company has offices throughout the world, serves customers in more than 190 countries and territories and is part of RELX. For more information, please visit LexisNexis Risk Solutions.

About LexisNexis Coplogic Solutions
LexisNexis® Coplogic™ Solutions is committed to meeting law enforcement agencies where they are on the road to saving more lives and helping take them where they want to be by delivering an innovative full suite of data sophistication solutions to create workflow efficiencies while delivering world-class crash and citation data and analytics visualizations through advanced technology. Our proven solutions, developed by and specifically for law enforcement, can help agencies operate more effectively, increase services to their communities and improve traffic and overall public safety through electronic, mobile-first authoring capabilities, web-based eCommerce solutions, analytics and more. For more information, please visit risk.lexisnexis.com/Coplogic.

Media Contacts: 
Chaz Abbott
LexisNexis Risk Solutions
chaz.abbott@lexisnexisrisk.com
+1 949.922.1167

*Based on a 2025 LexisNexis Coplogic Solutions internal study

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SOURCE LexisNexis Risk Solutions

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Technology

World Young Scientist Summit 2026 Opens in Wenzhou, Zhejiang

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6 hours ago

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October 25, 2026

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WENZHOU, China, Oct. 25, 2026 /PRNewswire/ — A news report from China Daily:

On October 24, the World Young Scientist Summit 2026 opened in Wenzhou, Zhejiang. The event is hosted by the China Association for Science and Technology (CAST), the Zhejiang Provincial People’s Government, and the World Association of Young Scientists. Nearly 800 representatives, including scientists, educators, and entrepreneurs from more than 60 countries and regions, are attending the summit.

With the theme “Gathering Talents Worldwide to Create a Better Future,” the summit’s annual agenda is “Global Youth Action in the AI Era: Building a Sustainable Future.” It aims to draw on the insights of young people around the world, deepen international sci-tech cooperation, and jointly address questions about young people, science, the world and the future.

Delivered keynote speeches respectively on education reform in the AI era, AI and processor chips, young women scientists’ participation in science, and quantum computing. They explored new opportunities for scientific research, talent cultivation, and international cooperation in the AI era.

This year’s summit placed greater emphasis on the growth needs of young scientists, with young talents under the age of 45 accounting for 88 percent of participants. It aimed to build a cluster of international journals, bring together young scientific talent, facilitate a batch of international collaborative projects and advance the application and commercialization of scientific and technological achievements. The summit released the Report on the Distribution and Mobility of Young Scientists in the Field of Embodied Intelligence, launched the World Young Scientist Summit Partner Journal Program and the 2026 World Young Scientist Innovation and Entrepreneurship Growth Support Program. It also published the “Young Scientist Pioneers 2035” list and announced the 2026 Sustainable Development Young Scientist Award. The awards were presented to four Chinese and foreign scientists.

In addition, the conference focused on fields such as future manufacturing, quantum information, embodied intelligence, brain-computer intelligence, environmental science, deep-sea resources, and life and health, and held 12 parallel forums. It also included the “Gravitation π” Future Technology and Concept Products Exhibition and Exchange, local thematic side events, and sci-tech and humanities study visits, further building an interdisciplinary, cross-regional and cross-sector platform for youth sci-tech exchange and cooperation.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/world-young-scientist-summit-2026-opens-in-wenzhou-zhejiang-302918767.html

SOURCE China Daily

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