Connect with us

Technology

South Indian Bank hosts Season 1 of National Co-lending Summit – SEED (Synergizing Emerging Enterprises Digitally)

Published

on

KOCHI, India, May 1, 2025 /PRNewswire/ — South Indian Bank (SIB), one of India’s leading scheduled commercial banks, hosted the inaugural edition of the National Co-lending Summit – SEED (Synergizing Emerging Enterprises Digitally) Season 1 on April 29, 2025, at SIB Tower in Kochi, Kerala.

Organised by the Bank’s Strategic Alliances & Digital Business Department, the summit marks a significant step towards strengthening co-lending partnerships with emerging and established NBFCs and HFCs. This flagship initiative aligns with the Bank’s long-term vision to invite, identify, and engage potential co-lending partners across the Retail, Agriculture, and MSMEs (RAM) segments.

Speaking about the initiative, Mr. P R Seshadri, MD and CEO, South Indian Bank, said, “In the backdrop of the RBI’s proposal to extend the co-lending guidelines to cover all regulated entities and lending segments, we were excited to host Season 1 of the National Co-lending Summit – SEED. SEED is a nurturing platform for both fintech innovators and lending institutions to co-create smart, scalable and inclusive financial solutions for Indian borrowers.”

Season 1 of SEED proves to be a powerful platform to explore innovative financing solutions that support inclusive credit access and business growth, particularly for underserved and semi-urban markets. The summit focuses on diverse lending verticals where co-lending can create real impact and scale on the following:

Retail lending – Home Loans (Prime and Affordable Housing Finance), Personal Loans and Buy Now Pay Later (BNPL) options, Gold Loans (Agri and Non-Agri), Vehicle Loans (New and Used – Retail and Commercial), Education Loans (Secured and Unsecured)Agriculture – Term Loans and Supply Chain FinanceMSMEs- Loan Against Property (LAP), Commercial Vehicle & Equipment Financing (New and Used), Equated Daily Instalments (EDI)

The National Co-lending Summit – SEED serves to be a nurturing platform for both fintech innovators and lending institutions to co-create smart, scalable, and inclusive financial solutions for Indian borrowers through South Indian Bank.

Many prominent NBFCs/HFCs participated and presented tailored co-lending propositions, along with real-world use cases, to the key decision-makers at SIB. This paves the way to develop faster and quality-driven partnerships and growing the Bank’s topline & bottomline.

About South Indian Bank:

South Indian Bank is a Kerala-based private sector Bank with a nationwide presence. The Bank’s shares are listed on the Stock Exchange Mumbai (BSE) and the National Stock Exchange of India Ltd., Mumbai (NSE). [South Indian Bank has 948 branches, 5 Ultra Small Branches / Satellite Branches, 1155 ATMs, and 125 CRMs across India and a representative office in Dubai, UAE. For more information, please log on to https://www.southindianbank.com/

 

View original content:https://www.prnewswire.com/in/news-releases/south-indian-bank-hosts-season-1-of-national-co-lending-summit–seed-synergizing-emerging-enterprises-digitally-302443699.html

Continue Reading

Technology

GAC Showcases Multiple Models at Canton Fair: Systemic Global Expansion as a Response to High‑Level Opening‑Up

Published

on

By

GUANGZHOU, China, Oct. 17, 2026 /PRNewswire/ — On 15 October, the 140th China Import and Export Fair (Canton Fair) kicked off in Guangzhou. Dubbed “China’s No.1 Exhibition” with a 70‑year history, it serves as a vital window for global merchants to understand China, and one of GAC’s stages to connect with the world. For international buyers, GAC serves not only as a sourcing platform but as a trusted channel for experiencing Chinese automotive innovation and building long-term local partnerships. Having made its debut in 2012, GAC has participated in the fair 30 times to date. Together with the Canton Fair, it has witnessed the transformation of Made‑in‑China products into Chinese global brands.

This transformation is reflected in GAC’s global expansion journey through a string of continuously refreshed sales figures. Overseas sales stood at 90,000 units in 2024, hit 130,000 units in 2025, and exceeded 197,000 units in January‑September 2026, representing a year‑on‑year surge of 138.9%. GAC is sprinting full steam ahead toward its annual target of 300,000 overseas units. GAC has accomplished a shift from “product export” to “system‑level global expansion”.

At the GAC booth, XT80, AION i60 and AISTALAND GX7 showcased intelligent driving, three-electric systems and premium cabins. The energy-ecology zone featured DC ultra-fast charging piles, 7 kW smart home chargers, multi-in-one electric drive units and PV-Storage-Charging-Swapping Technology, addressing range anxiety. Opening day drew buyers from Southeast Asia, the Middle East, Europe, Latin America and Africa. At the Music & Cuisine Festival, GAC built three immersive spaces blending smart mobility, Cantonese cuisine, camping and sports. The XT80, AION N60, GAC S7 and AISTALAND GT7 served as lifestyle carriers, letting guests enjoy morning tea, global cuisines and intangible cultural heritage.

GAC will advance its ONE GAC 2.0 strategy, deepening localized operations and expanding its systematic global layout. As a tribute to the Canton Fair’s 70th anniversary and a new business card for China’s auto industry, GAC will help drive Chinese intelligent manufacturing onto the global stage.

For further information about GAC, please visit https://www.gacgroup.com/en or follow us on social media.

 

SOURCE GAC

Continue Reading

Technology

Highland and Bath Counties, Virginia Go Live on a Shared Caliber Hosted CAD Environment

Published

on

By

Two neighboring rural counties, two dispatch centers, one common platform supporting more than 900 square miles of mountainous terrain

NORTH LITTLE ROCK, Ark., Oct. 17, 2026 /PRNewswire/ — Caliber Public Safety announced that Highland County and Bath County, Virginia went live on Caliber Hosted CAD on Tuesday, October 6, with both counties operating within a shared hosted environment. The arrangement gives each county its own dispatch operation while placing both on a common platform, creating a practical foundation for coordination between two neighboring jurisdictions.

For rural agencies, interoperability is usually a question of what happens when an incident crosses a county line. Mutual aid is routine in this part of western Virginia, where Highland County covers roughly 416 square miles with about 2,300 residents, and Bath County covers more than 500 square miles with about 4,100 residents. Together, the two counties serve a largely forested and mountainous service area with a small number of dispatchers and responders on any given shift.

The shared tenant approach addresses that directly. Each county retains the configuration, workflows, and local control it needs to run its own center. Both counties work from the same underlying platform, which removes the technical barriers that normally sit between separate CAD systems in adjacent jurisdictions.

“Two counties sharing one hosted CAD environment is not something you see often in rural public safety, and it took real coordination between both counties and our teams to get there,” said Michael Sturgeon, Senior Project Manager at Caliber Public Safety. “What matters is what the dispatchers and responders have now. Each county runs its own center the way it needs to, and neither one is working in isolation anymore.”

Capabilities Delivered

Highland County, which joined the Caliber CAD customer base with this project, is now operating Hosted CAD with integrated mapping and CJIS query, along with Google Places address validation and a LinX interface for regional information sharing. The county also uses Caliber’s Online RMS for sworn and non-sworn personnel. For dispatchers covering a county with one of the highest mean elevations east of the Mississippi River, verified addressing and immediate access to criminal justice data reduce the guesswork that slows down a call.

Bath County is operating Hosted CAD with mapping and CJIS query, plus interfaces to PulsePoint, RapidSOS with alerts. The RapidSOS connections put caller location and device data in front of the dispatcher at the start of the call, which matters in terrain where a caller may not be able to describe where they are. The PulsePoint interface extends cardiac arrest notifications to trained citizens and off-duty responders nearby, a meaningful addition in a county where response distances are long.

A Migration, Not Just an Implementation

Bath County has been a Caliber premise CAD and Online RMS customer for years. As part of this project, the county moved its premise-based system onto Hosted CAD, and Caliber completed a data conversion to bring the historical CAD databases forward into the new environment.

That piece is often the sticking point for agencies considering a move off a premise system. Years of call history, incident records, and master index data represent case continuity, state reporting obligations, and institutional knowledge. Data conversion is a formal, structured component of every Caliber implementation, with Caliber’s team managing the technical transformation, validation, and loading so that historically critical records carry over intact.

Caliber products are hosted at Nlets, the International Justice and Public Safety Network, and meet FBI CJIS policies, standards, and guidelines. The facilities include multi-site hot backup disaster recovery and redundant network paths to key state and federal entities.

Project Teams

The go-live required coordination among both counties and Caliber’s Professional Services, Deployment, Training, Engineering, and Support teams. Caliber congratulates the public safety professionals of Highland County and Bath County on a successful implementation and looks forward to a fruitful partnership.

About Caliber Public Safety

Caliber Public Safety provides integrated technology solutions for law enforcement, fire/EMS, corrections, and 911 communications agencies. The Caliber platform includes CAD, Mobile, Online RMS, and JailTracker, all built by and for public safety professionals. With a focus on reliability, interoperability, and ease of use, Caliber serves hundreds of agencies across the country, helping first responders spend less time on technology and more time serving their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/highland-and-bath-counties-virginia-go-live-on-a-shared-caliber-hosted-cad-environment-302911615.html

SOURCE Caliber Public Safety

Continue Reading

Technology

ASSA ABLOY sells PKI business unit to Vista Equity Partners

Published

on

By

ASSA ABLOY has signed an agreement to sell HID’s PKI business unit to Vista Equity Partners (“Vista”).

STOCKHOLM, Oct. 17, 2026 /PRNewswire/ — The PKI business unit (Public Key Infrastructure) provides digital trust, identity, authentication, encryption, and certificate management solutions. The business unit includes PKI SaaS – IdenTrust and HydrantID – credential management, and ZeroSSL.

“I find it very satisfying that with Vista, the PKI business unit and its employees and customers gain a committed long-term investor, creating new opportunities for the future and I wish them every success,” says Nico Delvaux, President and CEO of ASSA ABLOY.

“Our PKI team has built a strong business with a strong customer base, and Vista has the expertise to take it forward as the market evolves,” says Björn Lidefelt, EVP and Head of HID. “We are pleased with this outcome for our customers, our employees, and for HID.”

The divested business had sales in 2025 of MUSD 58 (approx. MSEK 570) with a strong operating margin.

The divestiture is subject to customary closing conditions and is expected to close during the fourth quarter of 2026.

For more information, please contact:
Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82
Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72
Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68, e-mail: bjorn.tibell@assaabloy.com

About ASSA ABLOY
ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 64,000 employees and sales of SEK 152 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/assa-abloy/r/assa-abloy-sells-pki-business-unit-to-vista-equity-partners,c4410007

The following files are available for download:

 

View original content:https://www.prnewswire.co.uk/news-releases/assa-abloy-sells-pki-business-unit-to-vista-equity-partners-302911805.html

Continue Reading

Trending