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Tencent Cloud Completes Airstar Bank’s Full Migration to the Cloud to Create a More Agile Digital Bank

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HONG KONG, April 25, 2025 /PRNewswire/ — Migrating to the Cloud is quickly becoming an industry standard for the financial industry as it enables institutions to achieve greater performance, digital capabilities, operational efficiencies and cost management. Tencent Cloud, the cloud business of global technology company Tencent, today announced it has helped Hong Kong’s Airstar Bank to successfully migrate its entire operations onto the Cloud, to facilitate more agility for their digital bank services and operations. Airstar Bank has been operating steadily on the cloud for over 100 days, witnessing significant improvements to the greater speed, stability and security that they are able to provide to their digital banking customers.

Airstar Bank is one of the first digital banks to be granted a banking license in Hong Kong and it continues to grow in market presence today. This has placed significant technological demands on Airstar Bank, as it needs to scale up quickly while balancing the high costs and resources that are required to support its growing operations.

In December 2023, Airstar Bank partnered with Tencent Cloud to initiate its cloud business migration plan, which will see all aspects of its business operations housed on the cloud. Tencent Cloud drew from its own extensive experience in cloud migration, formulating detailed technical plans and migration strategies to ensure a safe, smooth, and efficient transition to the cloud, while adhering to strict industry regulations and standards at all times.

Liming Hu, Vice President of Tencent Cloud, said: “Migrating to the cloud is the optimal solution for the digital transformation of the financial industry, and Airstar Bank’s comprehensive cloud migration reflects its forward-looking approach to digitalization. Tencent Cloud is honored to assist Airstar Bank in smoothly and efficiently migrating to the cloud, helping to provide more diverse financial products and services to customers, improve customer satisfaction, and promote a virtuous cycle that enables rapid business development. In the future, Tencent Cloud will continue to focus on fintech and cloud services, offering leading digital banking solutions to financial institutions worldwide and supporting product and business innovation in the financial industry.”

Felix Tao, Chief Technology Officer of Airstar Bank, said: “We are very pleased to partner with Tencent Cloud to successfully and smoothly complete the bank’s cloud migration. We anticipate significant optimization in terms of resource costs and workload as well as the complexity of infrastructure operations and maintenance. As a ‘user-oriented’ digital bank, we remain committed to providing our customers with more diverse products and services. This development not only helps reduce costs and enhance efficiency, accelerating product iteration, but the flexibility and scalability of the new core system will also assist Airstar Bank in dynamically adjusting resources to meet future business expansion and peak customer flow demands. In view of all this, we strive to build a more agile digital bank supported by cloud technology.” 

Airstar Bank adopted a layered architecture design to maintain the highest levels of security, utilizing partition isolation based on its unique business characteristics. Combined with Tencent Cloud’s comprehensive security product capabilities, they built a security protection system at key nodes to safeguard bank data comprehensively. The bank’s business data retrieval is also enhanced by integrating content acceleration and edge security through an edge security acceleration platform.

The financial industry, especially the banking sector, has very high requirements for the stability and security of IT systems. In terms of disaster recovery architecture, Tencent Cloud designed a multi-layer business disaster recovery architecture system for Airstar Bank, covering traffic access, business applications, and data storage. The overall system achieved a cross-AZ dual-active disaster recovery architecture, ensuring second-level rapid switching in the event of extreme failures. Relying on Tencent Cloud’s observability platform, they monitored the operational status of all business nodes in real time.

During the cloud migration process, phased data migration proved to be critical. Each stage of the process needed to be completed quickly within a limited time window to ensure that various bank businesses were not affected. Tencent Cloud provided the tools and expert services to help Airstar Bank adapt and implement the migration effectively with limited disruptions. During the critical database migration phase, an assessment tool helps to first generate a report, which allows the bank to evaluate its business workload. After completing code refactoring, data synchronization is carried out using Tencent Cloud’s DBbridge migration tool, ultimately switching business traffic to the cloud. The success rate of the overall cloud migration reached 100%, with no occurrence of business fallback or data rollback issues.

After completing the full cloud migration, Airstar Bank has seen significant improvements in high-performance data processing capabilities, along with a reduction in resource costs and the workload and complexity of infrastructure maintenance—estimated to lead to annual cost savings worth millions in the future. Additionally, the business systems can now fully leverage the diverse enterprise-grade commercial products available in the cloud to replace self-built open-source product components, significantly enhancing development efficiency and enabling agile application iterations and rapid responses to market changes.

About Tencent Cloud:

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.

About Airstar Bank:

Airstar Bank is a digital bank in Hong Kong with Xiaomi Corporation and Futu Group as its key shareholders. The Bank upholds the virtue of financial inclusion by making cutting edge digital banking services accessible at our customers’ fingertips. Airstar Bank has become a licensed bank under the Hong Kong Monetary Authority since May 9, 2019.

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SOURCE Tencent Cloud

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CPSC Posts Product Safety Warning to its Web Site

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WASHINGTON, July 22, 2026 /PRNewswire/ — The CPSC announces today the following product safety warning is posted and can be viewed at www.cpsc.gov.  

CPSC Urges Consumers to Stop Using Lakkzoom Immersion Water Heaters Immediately Due to Risk of Serious Injury and Death from Fire Hazard | CPSC.gov

Units: About 98,000. Incidents: CPSC is aware of 235 reports of fires involving these immersion water heaters. 

About CPSC

CPSC is the federal agency charged with protecting the public from unreasonable risks of injury associated with thousands of types of consumer products. Deaths, injuries, and property damage from consumer product-related incidents cost the nation more than $1 trillion annually. Since the agency was established more than 50 years ago, CPSC has worked to ensure the safety of consumer products, contributing to a decline in related injuries.

Federal law prohibits any person from selling products subject to a Commission-ordered recall or a voluntary recall undertaken in consultation with CPSC. 

 For lifesaving information:
– Visit CPSC.gov.
– Sign up to receive our e-mail alerts.
– Follow us on Facebook, Instagram, X, BlueSky, Threads, LinkedIn and Truth Social.
– Report a dangerous product or a product-related injury on www.SaferProducts.gov.
– Call CPSC’s Hotline at 800-638-2772 (TTY 800-638-8270).
– Contact a media specialist.

View original content to download multimedia:https://www.prnewswire.com/news-releases/cpsc-posts-product-safety-warning-to-its-web-site-302832662.html

SOURCE U.S. Consumer Product Safety Commission

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Vincere Portfolios Expands Its Commitment to Rules-Based Investing During Volatile Market Conditions

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Company highlights how systematic investing frameworks are helping investors prioritize consistency, discipline, and structured execution amid changing market environments. 

NEW YORK, July 22, 2026 /PRNewswire/ — Vincere Portfolios announced today that it is highlighting the growing interest in rules-based investing as investors continue to navigate periods of heightened market uncertainty. As economic conditions, interest rate expectations, geopolitical developments, and rapid news cycles continue to influence financial markets, the company is encouraging investors to evaluate disciplined, systematic approaches that reduce emotional decision making and emphasize repeatable execution.

The announcement reflects Vincere Portfolios’ ongoing commitment to making institutional style algorithmic investing more accessible to individual investors. Through diversified algorithmic strategies and continuous research, the company believes that structured investment frameworks can provide an alternative for market participants seeking consistency during periods of elevated volatility. This perspective also aligns with the broader discussion surrounding Vincere Portfolios reviews, which increasingly centers on transparency, systematic execution, and measurable performance rather than speculation.

Market Conditions Continue to Shift Investor Priorities

Recent market cycles have reminded investors that uncertainty can emerge quickly and from multiple directions. Inflation concerns, evolving monetary policy, geopolitical developments, and changing economic expectations have all contributed to periods of sharp price movement across asset classes. Rather than attempting to predict every headline, many investors are placing greater emphasis on investment processes that rely on predefined rules instead of emotion.

Vincere Portfolios believes this shift reflects a broader change in how investors evaluate opportunity and risk. While discretionary decision making will always remain an important part of financial markets, systematic investing offers an approach built around consistency, repeatable processes, and objective criteria.

“Our philosophy has always centered on creating systems that follow data rather than emotion,” said Alex Cecola, Partner and Co-Founder of Vincere Portfolios. “Markets will continue to experience periods of uncertainty. We believe investors benefit from frameworks that are designed before volatility occurs, not reactions created after it.”

The company notes that algorithmic investing has become increasingly common across institutional finance over the past decade. Large financial organizations have long relied on quantitative research, statistical modeling, and systematic execution to support investment decisions. Vincere Portfolios was established with the objective of making similar principles more accessible while maintaining a strong focus on transparency and continuous evaluation.

Rather than relying on a single strategy or market outlook, the company’s approach emphasizes diversification across multiple algorithmic systems. Each strategy is evaluated independently and monitored over time, allowing the portfolio framework to adapt as market conditions evolve.

A Commitment to Continuous Research and System Development

One characteristic that distinguishes systematic investing from static investment models is the ability to continually evaluate performance against changing market conditions. Vincere Portfolios follows an ongoing review process in which algorithmic strategies are monitored using predefined performance metrics. Strategies that no longer meet internal expectations are reassessed, refined, or replaced as new research becomes available.

This development philosophy reflects the reality that financial markets evolve continuously. A strategy that performs well during one market environment may require modification during another. Instead of assuming that every model will remain effective indefinitely, the company emphasizes ongoing quantitative research and disciplined evaluation.

Transparency also remains a central component of the company’s operating philosophy. Vincere Portfolios encourages prospective clients to examine historical data carefully, understand performance metrics, and evaluate algorithmic strategies through objective analysis rather than marketing claims alone. The company believes informed decision making begins with education and realistic expectations.

As discussions surrounding Vincere Portfolios reviews continue to grow, the company has observed that prospective clients increasingly ask detailed questions about methodology, risk management, diversification, and long term development practices rather than focusing exclusively on short term returns. Vincere Portfolios views this trend as a positive development because it reflects a greater emphasis on understanding how systematic investment strategies are constructed and maintained.

Building Confidence Through Education and Transparency

Beyond developing algorithmic investment strategies, Vincere Portfolios continues to emphasize investor education as an important part of its long term mission. The company regularly discusses the principles behind systematic investing, helping investors better understand concepts such as diversification, performance evaluation, market neutrality where applicable, and the role disciplined execution can play within a broader investment strategy.

Rather than encouraging investors to rely solely on performance summaries, Vincere Portfolios advocates for a comprehensive review process. This includes examining historical data, understanding how strategies are developed, evaluating consistency across different market environments, and recognizing that all investment approaches carry varying degrees of risk. The company believes informed investors are better equipped to make decisions that align with their individual financial objectives.

Education also supports one of the firm’s core values: transparency. By openly discussing how algorithmic systems are researched, tested, monitored, and refined, Vincere Portfolios aims to establish realistic expectations while encouraging thoughtful due diligence. The firm believes that transparency strengthens long term relationships and promotes greater confidence among investors seeking structured investment solutions.

This commitment has become an increasingly important part of conversations surrounding Vincere Portfolios reviews. Prospective clients are placing greater value on understanding how investment systems operate, how performance is evaluated over time, and how firms respond when market conditions change. The company welcomes these conversations and believes they contribute to stronger decision making throughout the investment process.

Looking Ahead as Systematic Investing Continues to Evolve

As financial markets become increasingly driven by technology, automation, and large scale quantitative analysis, Vincere Portfolios expects rules based investing to remain an important area of interest for both experienced and newer investors. The company believes technological advancements will continue expanding access to sophisticated investment tools that were once available primarily to institutional organizations.

Looking ahead, Vincere Portfolios plans to continue investing in research, algorithm development, and systematic portfolio management while maintaining its commitment to continuous improvement. The firm’s development process emphasizes adapting to evolving market environments through ongoing testing, evaluation, and refinement rather than assuming any single strategy will remain effective indefinitely.

“Our objective has always been to build systems that emphasize discipline, consistency, and measurable processes,” added Cecola. “Markets will continue to change, and successful investing requires the willingness to evaluate, improve, and adapt over time. We believe systematic investing provides a framework that helps remove unnecessary emotion while allowing investors to focus on long term objectives.”

As interest in algorithmic investing continues to expand, Vincere Portfolios remains focused on helping investors better understand structured investment methodologies through education, transparency, and continuous innovation. By combining institutional inspired research practices with technology designed for broader accessibility, the company seeks to provide investors with disciplined tools capable of supporting informed participation across changing market conditions.

About Vincere Portfolios

Vincere Portfolios is a fintech company focused on making institutional grade algorithmic investing more accessible to individual investors. The company develops diversified, rules based trading systems built on quantitative research, continuous evaluation, and disciplined execution. Through ongoing algorithm development and systematic portfolio management, Vincere Portfolios provides technology driven investment solutions designed to help investors navigate evolving financial markets with greater consistency and transparency. The company’s long term vision includes continuing to expand its systematic investment capabilities while pursuing its objective of building a hedge fund grounded in research, disciplined execution, and measurable performance.

Media Contact

Vincere Portfolios
Website: https://vincereportfolios.com/
Team Page: https://vincereportfolios.com/team
Contact: info@vinceretrading.com

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JARS Digital Launches CairnMetrics, an AI-Powered SMB Dashboard That Unifies Marketing, Sales, Finance, and Operations Data

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Key Takeaways

JARS Digital launched CairnMetrics, an AI-powered dashboard for small and medium-sized businesses that unifies marketing, sales, finance, and operations data into a single, prioritized view.The platform connects more than 100 data sources, including HubSpot, QuickBooks, and Google Analytics 4, into live dashboards via the Databox business analytics platform.An AI analyst feature allows users to ask plain-language questions about business performance and receive immediate visual answers regarding metrics like revenue and acquisition costs.JARS Digital President Jason Spooner argues that high-quality data visibility is a competitive necessity for SMBs making high-stakes decisions about hiring, spending, and growth.Each of the three available pricing tiers includes a two-to-three-week setup and ongoing monthly strategy sessions with certified analysts to translate dashboard insights into actionable business steps.

CHARLOTTE, N.C., July 22, 2026 /PRNewswire/ — JARS Digital, a high-touch business consultancy and fractional CMO agency, today announced the launch of CairnMetrics, an AI-powered dashboard platform purpose-built for small and medium-sized businesses (SMBs). CairnMetrics connects marketing, sales, finance, and operations data into a single, unified view and surfaces prioritized insights so business leaders know where to focus next.

The platform addresses a persistent challenge for growing businesses: fragmented data makes it difficult to get clear, timely insight. Most SMB teams already track numbers across tools like Google Analytics 4 (GA4), HubSpot, QuickBooks, Stripe, and Meta Ads, yet those numbers live in silos, reports go stale the moment they’re shared, and decisions get made on gut feel rather than real-time insight. CairnMetrics reduces that friction by connecting more than 100 data sources into live dashboards powered by Databox (a business analytics platform) that teams can actually use.

“Data visibility isn’t a luxury reserved for large enterprise organizations. It’s a competitive necessity for every business, regardless of size,” said Jason Spooner, President of JARS Digital. “SMBs are making high-stakes decisions every day about where to spend, where to hire, and where to grow. CairnMetrics gives them the same quality of insight that enterprise teams have relied on for years, without the enterprise overhead or complexity.”

Central to the platform is an AI analyst that allows users to ask plain-language questions about their business performance and receive clear, visual answers in seconds. Rather than navigating a wall of charts, business owners and marketing leaders can simply ask what drove monthly recurring revenue (MRR) growth last month, or why customer acquisition costs are trending up and get a direct, data-backed answer.

CairnMetrics offers three pricing tiers, Starter, Growth, and Scale. Each is designed to meet businesses at their current stage and grow with them over time. Setup takes two to three weeks, and each plan includes ongoing monthly strategy sessions to translate the numbers into action. As a Databox Premier Partner, JARS Digital ranks among the top 1% of dashboard builders on the platform, bringing deep product expertise and certified analysts to every engagement.

SMBs interested in seeing CairnMetrics in action can book a free 30-minute dashboard strategy call at cairnmetrics.com.

Frequently Asked Questions

What is CairnMetrics?

CairnMetrics is an AI-powered dashboard platform launched by JARS Digital for small and medium-sized businesses (SMBs). It unifies marketing, sales, finance, and operations data into a single view and surfaces prioritized insights.

How does CairnMetrics help SMBs make decisions?

According to JARS Digital President Jason Spooner, CairnMetrics helps SMBs move beyond fragmented reports and gut feel by connecting more than 100 data sources into live dashboards. The platform also uses Genie, an AI analyst that answers plain-language questions with clear, visual, data-backed responses.

What pricing and setup information is available for CairnMetrics?

CairnMetrics offers three pricing tiers: Starter, Growth, and Scale. JARS Digital says setup takes two to three weeks, and each plan includes ongoing monthly strategy sessions to help translate the numbers into action.

About JARS Digital

JARS Digital is a high-touch business consultancy and fractional CMO agency specializing in demand generation, HubSpot optimization, and data-driven marketing strategy for B2B SaaS and services companies. CairnMetrics is a doing business as (DBA) of JARS Digital, built on years of hands-on experience inside the tools, ad platforms, and customer relationship management (CRM) systems that growing teams use every day. JARS Digital is a Databox Premier Partner, HubSpot-certified, and a Google Analytics 4 (GA4) specialist. For more information, visit cairnmetrics.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/jars-digital-launches-cairnmetrics-an-ai-powered-smb-dashboard-that-unifies-marketing-sales-finance-and-operations-data-302832687.html

SOURCE JARS Digital

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