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LogicGate Wins “Best Risk Management Platform” Designation in 2025 FinTech Breakthrough Awards Program

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Prestigious Annual Awards Program Recognizes Outstanding Financial Technology Products And Companies Around the World

CHICAGO, March 19, 2025 /PRNewswire/ — LogicGate, the modern, enterprise-grade provider of cyber, governance, risk, and compliance solutions, today announced that its Banking Solution has been recognized as winner of the “Best Risk Management Platform” award in the 9th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.

LogicGate’s Banking Solution, available through the award-winning Risk Cloud platform, provides financial institutions with an interconnected approach to managing threats and compliance changes through a holistic view of their risk exposure. The industry-recognized solution offers these core benefits:

Regulatory Compliance Solution – In the heavily regulated banking industry, compliance with governing bodies such as the OCC, SEC, CFPB, CFTC, NCUA, BSA/AML, and others is crucial to avoid financial penalties, sanctions, or reputational damage. To remain compliant with the alphabet soup of regulations – Gramm-Leach-Bliley Act (GLBA), CCPA, GDPR, FFIEC, and more – it’s imperative to centralize regulatory obligations, automate assessment workflows, and track corrective action status.Enterprise Risk Management Solution – Enhance your organization’s ability to efficiently identify, assess, and mitigate risks. Part of LogicGate’s Enterprise Risk Management Solution includes purpose-built RCSA workflows, streamlining traditionally time-intensive assessment scoping and keeping risk owners on track with automated assessment workflows, reminders, and notifications. Additionally, users can streamline risk assessments by leveraging pre-built assessment templates for frameworks such as CFPB, FFIEC, and OSFI. Get started quickly with pre-configured risk scoring and guidance to assess inherent and residual risk ratings, then instantly create and assign mitigations for critical banking risks.Controls Compliance Solution – Banks face unique compliance challenges that require connecting internal controls and frameworks to identify gaps and overlaps. Using predefined mappings across industry-specific frameworks, banks can streamline control activities to comply with frameworks such as NIST CSF, PCI DSS, and SOC 2®. Aligning internal controls with these frameworks improves operational efficiency, ensures audit readiness, and supports the secure management of sensitive financial data.Incident Management Workflows – Strengthening risk posture is essential for banks to quickly address incidents that may disrupt operations, affect data security, or infringe on compliance. A centralized incident management program allows banks to log, track, and remediate cyber-attacks, data breaches, or fraud events. By using a single source of truth, institutions can manage incident response across the organization, ensure timely reporting to regulators like the OCC or CFPB, and maintain transparency with stakeholders, including customers and shareholders.Policy Management Solution – From drafting, reviewing, and approving policies that comply with regulations like GLBA and the Fair Lending Act to tracking employee attestations, the Policy Management Solution helps you streamline and automate every aspect of your policy management program. Users benefit from quickly identifying and correcting compliance gaps as they emerge and support policy adoption year-round.Third-Party Risk Management Solution – Assessing a vendor’s risk profile against your institution’s accepted risk level is vitally important to preserving your brand and customer trust. Leveraging a TPRM solution helps streamline the vendor lifecycle, from onboarding to performing ongoing risk assessments. By automating risk reporting and resolution workflows, banks can ensure vendors meet and uphold their risk standards and that any potential third-party breaches or failures are swiftly resolved, thus protecting the bank’s reputation and customer trust.

“We purposely designed this solution with input from financial institutions to provide a holistic strategy to managing enterprise-wide risks, versus a short-sighted point-solution approach. Our customers appreciate the flexibility and scalability of the Risk Cloud platform, and the packaged Banking Solution further helps them centralize data and limit surprises in the ever-evolving banking sector,” said Matt Kunkel, Co-Founder and CEO of LogicGate. “It’s an honor to receive the ‘Best Risk Management Platform’ award, and be recognized for our commitment to helping enterprises mitigate risks and take predictive steps to ensuring regulatory compliance and incident resiliency. 

The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Cryptocurrencies, Lending, Payments, Investments, RegTech, InsurTech and many more.

“LogicGate’s Banking Solution simplifies regulatory compliance, enhances operational efficiencies, and bolsters risk management for risk and compliance professionals. Whether it’s state and federal agencies, third-party operational complexities, data privacy protection, or the sheer amount of cybersecurity risks, it’s hard to get a centralized handle on it all,” said Steve Johansson, Managing Director, FinTech Breakthrough. “LogicGate exemplifies innovation and sets a new benchmark for risk management, empowering institutions to navigate today’s regulatory complexities while remaining prepared for future challenges.”

About LogicGate
LogicGate® is a global, market-leading SaaS company empowering customers to effectively manage and scale their cyber risk and control, third-party risk management, compliance controls, enterprise risk, and operational resilience programs. Recognized as one of four leading global GRC platforms, Risk Cloud® is built with usability in mind, including a no-code interface and graph-database management making the technology flexible, agile, and scalable to support various levels of GRC maturity and bolster business outcomes. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate empowers customers to quantify risk, strengthen their security posture, and have visibility into information to create strategic advantages and support business objectives. Learn more about our solutions by visiting www.logicgate.com or join us on LinkedIn.

About FinTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted to honoring breakthrough innovation in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the standout achievements of FinTech companies and products in categories that include Payments, Personal Finance, Cryptocurrency, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.

Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.

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Global Wisdom, Shared Future: Inaugural Global Energy Storage Colloquium Held in Xiamen

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XIAMEN, China, Nov. 13, 2026 /PRNewswire/ — The inaugural Global Energy Storage Colloquium was held in Xiamen under the theme “Frontiers in Dialogue•Powering Tomorrow’s Storage.” Hosted by HiTHIUM and co-organized by the Energy Storage Application Branch of China Industrial Association of Power Sources (CESA), the colloquium brought together leading international experts, scholars, and industry representatives. Participants discussed battery materials, energy storage technologies, power electronics, system applications and industrial innovation.

As energy storage develops toward longer durations, diverse technologies, larger capacity and greater system integration, the industry faces scientific and technical challenges involving battery materials, lifetime mechanisms, safety limits and power system integration. The colloquium provided a platform for experts to exchange views on these topics and explore how fundamental research and international collaboration can support continued innovation.

Participants came from Imperial College London, the University of Cambridge, Tsinghua University, Xiamen University, Huazhong University of Science and Technology, City University of Hong Kong and other institutions. Maochun Hong, Academician of the Chinese Academy of Sciences from the Fujian Institute of Research on the Structure of Matter, attended the event. Clare Grey, Dame Commander of the Order of the British Empire, Professor of Chemistry, University of Cambridge; Tim Green, Fellow of the Royal Academy of Engineering and Professor at Imperial College London; Shigang Sun, Academician of the Chinese Academy of Sciences and Professor at Xiamen University; Yong Yang, Distinguished Professor at Xiamen University; and Chongqing Kang, Professor at Tsinghua University served as co-chairs. Yunhui Huang, Professor at Huazhong University of Science and Technology served as chief advisor.

Jeff Wu, Founder and Chairman of HiTHIUM; Yong Liu, Vice Chair of CESA; and Kate Harrisson, His Majesty’s Trade Commissioner for China and Hong Kong, delivered remarks at the Colloquium.

According to Jeff Wu, energy storage is a systemic technology spanning multiple disciplines and sectors, and that its development depends on breakthroughs in fundamental research and international collaboration. He said HiTHIUM hopes to build on the colloquium to expand cooperation with leading universities and research institutions worldwide, deepen engagement between academia and industry, and help translate research into practical contributions. The company will continue supporting the colloquium as a lasting platform for exchange and collaboration.

Academic sessions covered battery mechanisms and characterization, degradation and lifetime prediction for grid-scale lithium-ion batteries, power system stability with high penetration of inverter-based resources, and the development of virtual power plants. Experts also discussed real-time, non-destructive battery testing, early warning of thermal runaway, energy storage opportunities at distribution transformer areas, and revenue streams from electricity market participation.

The three-day colloquium also included thematic sessions on energy storage materials and batteries, power and grids, systems and applications. Scholars visited HiTHIUM’s smart factory in Xiamen to learn about advanced manufacturing and industrial practices in China’s energy storage sector.

HiTHIUM looks forward to working with partners worldwide to advance energy storage technology and the industry’s development, supporting the global energy transition and a clean, sustainable future.

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Guangdong and Papua New Guinea: Taking roots across the Pacific

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GUANGZHOU, China, Nov. 13, 2026 /PRNewswire/ — A news report from South:

Few places on Earth feel as wild as Papua New Guinea. Spread across more than 600 islands, the Pacific nation is home to extraordinary cultural and biological diversity. But some of what comes from its waters is now travelling much further—all the way to dinner tables in China.

For local seafood exporter Tony Lan, China has transformed the scale of his business. His company buys wild-caught mud crabs from local fishermen before flying them to Chinese cities including Guangzhou.

“We used to sell a few hundred kilos a week to the local market,” Lan said. “But once we started exporting crabs to China, business just exploded. Now we’re moving 20 to 30 tons a week.”

The impact has spread beyond the company itself. Lan said families involved in the crab trade have been able to build better homes and buy televisions and generators.

But the connections between Papua New Guinea and Guangdong go far beyond seafood.

In Port Moresby, 21-year-old Maureen works as a receptionist for a Chinese company. Finding work is far from guaranteed. “A lot of degree holders, they don’t have jobs,” she said. “But you see me, I don’t have a degree, but I have a job.”

Her story leads back to Butuka Academy, the school she graduated from. Built with support from Shenzhen under its sister-city relationship with Port Moresby, the academy now accommodates around 3,000 students. Maureen says the computer skills she learned there—including Microsoft applications, web skills and Excel—are the same ones she now uses at work.

Another connection has taken root in soil.

Juncao, a grass-based agricultural technology developed in China, was introduced to Papua New Guinea in the 1990s. Initially used for mushroom cultivation, it has since found applications ranging from livestock feed to fibers and bioenergy. Over three decades, the technology has spread to more than 9,000 farming households, benefiting around 30,000 people.

For Georgina, whose family was among the early adopters, Juncao has shaped both family life and career. After struggling to find a job for two years, she returned to mushroom farming and helped local farmers find markets. That experience eventually led to her current work with a Shenzhen company exploring new uses for the grass.

“I want everyone to know about Juncao, the benefits of it,” she said. “It’s part of me.”

For National Capital District Governor Powes Parkop, such exchanges are part of Papua New Guinea’s wider development journey.

“Being a rural-based, traditional economy, now trying to become a modern economy, we can only learn from China,” Parkop said. He also stressed the importance of APEC for smaller economies, saying PNG does not always have the means to engage with economies across the Pacific individually, “and we have the opportunity at APEC.”

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SOURCE South

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Longsys and Lexar Showcase Industrial, Automotive and Edge AI Storage at electronica 2026

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MUNICH, Nov. 13, 2026 /PRNewswire/ — Longsys (301308.SZ/09976.HK) and its International high-end consumer storage brand Lexar are exhibiting at electronica 2026 in Munich, Germany, from November 10 to 13. Under the theme “Integrated Storage Empowering Edge AI,” Longsys is launching an industrial-grade wide-temperature mSSD and showcasing automotive storage and Edge AI solutions for industrial equipment, intelligent vehicles and smart devices.

Industrial Wide-Temperature mSSD

The new XP2390Mi industrial-grade wide temperature mSSD targets demanding edge applications such as industrial AI inspection, edge control, outdoor devices and embodied robotics. Supporting -40°C to 85°C and featuring PCIe Gen4×4 and NVMe 2.0, it offers 128GB to 1TB capacities, with sequential read/write speeds of up to 7,400/6,200MB/s.

Its SiP (System-in-Package) design integrates the controller, NAND flash and passive components in one package, reducing board-level solder joints and associated failure risks. It features IP57-rated dust and water resistance, shock and vibration resistance, anti-sulfuration protection, firmware-level power-loss protection and security features. The 1TB version delivers an endurance rating of 600–800 TBW. The product offers optional thermal management extensions and M.2 form factors, including 2230, 2242 and 2280, providing customers with greater flexibility for different device space and mechanical integration requirements.

Automotive Storage for Intelligent Vehicles

Longsys presents automotive-grade UFS, eMMC and LPDDR, as well as industrial/automotive-grade SPI NAND Flash. UFS 4.1 features Wisemem’s self-developed 5nm WM7400 controller, delivering sequential read/write speeds of up to 4,200/4,000MB/s and capacities from 128GB to 512GB. The portfolio supports in-vehicle systems, data logging and future onboard AI applications.

Longsys’ automotive storage capabilities are supported by AEC-Q100 reliability qualification, in-house packaging and testing, and collaboration with more than 20 chipset platforms, 20 automakers and 60 Tier 1 suppliers. Lexar is showcasing dashcam USB drives, memory cards and industrial-grade SD/microSD cards for sustained in-vehicle recording, including sentry-mode use.

Storage and Memory for Edge AI

For AI PCs, AI Boxes and other edge AI devices, Longsys is demonstrating an AMD-platform AI host powered by XP2380MA AISSD™ and AIDIMM™. The AISSD combines a 128GB Static SLC tier for demanding AI workloads with a 512GB/1.5TB QLC tier for models, applications and general data. With the iSA™ Storage Agent, it enables on-demand MoE expert loading and SSD-based data orchestration, helping extend model deployment beyond limited DRAM/VRAM capacity. AIDIMM, based on LPDDR5x, provides a 256-bit interface and bandwidth of up to 307.2GB/s.

Other highlights include AILPBGA™, a high-bandwidth embedded memory solution; HLCache™ UFS, co-optimized with Allwinner to improve multitasking on memory-constrained devices; and UFS 4.1 with iSA, adapted for Qualcomm’s 6th-generation Snapdragon 8 Super Edition platform. At the Snapdragon Summit, the solution powered local end-to-end inference for a 30B-parameter MoE assistant.

From industrial and automotive applications to AI computing at the edge, Longsys continues to advance integrated storage through product innovation and platform collaboration.

About Longsys

Founded in 1999, Longsys (301308.SZ/09976.HK) is a globally leading branded semiconductor memory enterprise, integrating R&D, design, packaging and testing, manufacturing, and sales services. For more information please visit https://www.longsys.com/, and follow Longsys on LinkedIn and Facebook .

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