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WeBank Technology Services Wins International Fintech Award

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HONG KONG, May 26, 2025 /PRNewswire/ — On May 22, at the TAB Global Financial Technology Innovation Awards 2025 ceremony held by The Asian Banker (“TAB”), WeBank Technology Services and Fusion Bank were jointly awarded the Best Core Banking Technology Initiative (Small Bank) in Asia Pacific for their collaborated project of Next-Generation Core Banking System.

The TAB Global Financial Technology Innovation Awards is one of the most prestigious benchmarking awards for technology innovation leadership and performance in the global financial services industry. The Best Core Banking Technology Initiative specifically acknowledges institutions with exceptional technological advancement in core banking systems. This is the first time in three years that a Hong Kong digital bank won at the TAB Global Financial Technology Innovation Awards, indicating the technological leadership of the project’s collaborative achievement.

The award-winning project was launched to enhance Fusion Bank’s digital service capabilities and meet its business innovation and cost-efficiency needs to ensure the bank’s sustainable development. The project covered upgrade of over 150 subsystems across five core business areas of Fusion Bank, and was completed with a swift cutover in just 15 hours. The data in legacy systems from various vendors were seamlessly migrated to the new core banking system within merely six hours. Supported by WeBank Technology Services with its core banking system solutions, the project has set a new benchmark in banking system upgrade for the banking industry in Hong Kong.

Leveraging the distributed architecture design from WeBank Technology Services, the upgraded system can now scale on demand according to business growth, solving the previous pain points of high upfront IT investment. Additionally, it further enhances the business agility and shortens the time-to-market for new product launches, through parameterized products, process orchestration, and AI-native capabilities. After the new system went live, the product development cycle of Fusion Bank was reduced from an average of six months to three months, with non-human IT costs expected to be cut by 53% by 2027. Notably, the new system is widely compatible with mainstream software and hardware, offering the advantages of openness and being technology-agnostic.

The Asian Banker highlighted: “WeBank Technology Services and Fusion Bank have demonstrated exceptional innovation through the successful execution of this technology initiative, effectively addressing current and future business needs while enhancing service capabilities. This has resulted in notable business outcomes, significant efficiency gains and enhanced customer value, surpassing industry peers.”

Billy Chiu, Chief Technology Officer of Fusion Bank, said: “We are truly honored to be the only Hong Kong digital bank receiving this award in the past three years. It is a significant recognition for both Fusion Bank and WeBank Technology Services. The upgrade of our next-generation core banking system shows our ongoing commitment to advancing financial inclusion through fintech, making our banking services more accessible and efficient for a broader segment of the community.”

As the wholly-owned fintech arm of WeBank, WeBank Technology Services leverages the parent company’s leading practices in digital banking, focuses on providing digital finance and digital infrastructure solutions globally. Currently, WeBank Technology Services is expanding its partnership with multiple institutions across markets like Hong Kong SAR, Indonesia, Thailand, Malaysia and Qatar.

About WeBank Technology Services

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.

About WeBank

Established in 2014, WeBank Co., Ltd. (“WeBank”) is the first digital bank in China. WeBank provides convenient financial services to micro-, small- and medium-sized enterprises (MSMEs) and the public, and continuously improves the quality of services in response to customers’ specific needs. WeBank has served over 420 million retail customers and 5.8 million enterprises.

WeBank has pioneered the development of the world’s first fully distributed next-generation core banking system using standardized hardware and open-source software. It maintains an exceptional system availability of 99.999% with peak daily transaction exceeding 1.4 billion, while the annual IT O&M cost per account remains as low as USD 0.3, only one-tenth of the industry average.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/webank-technology-services-wins-international-fintech-award-302465182.html

SOURCE WeBank Technology Services

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INTAMSYS Named Exclusive FFF 3D Printing Sponsor of WorldSkills Shanghai 2026

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SHANGHAI, June 15, 2026 /PRNewswire/ — Following its successful collaboration with WorldSkills Lyon 2024, INTAMSYS has once again been named the exclusive FFF 3D printing sponsor of the 48th WorldSkills Competition, scheduled to take place in Shanghai in 2026.

As part of the preparations for the event, INTAMSYS recently supported the centralized assessment and mock competition for training. The company provided equipment deployment, material supply, and full-cycle technical support across four skill areas: 05 Mechanical Engineering CAD, 57 Additive Manufacturing, 59 Industrial Design Technology, and 64 Unmanned Aerial Systems.

Throughout the competition, INTAMSYS worked closely with organizers and technical teams to ensure stable equipment operation, consistent printing performance, and timely on-site support. Following the event, the WorldSkills Shanghai 2026 Executive Bureau issued a letter of appreciation, recognizing the company’s contributions to event organization, technical services, operational stability, and communications.

The renewed partnership reflects the demanding technical standards of the WorldSkills Competition. In areas such as additive manufacturing, industrial design, mechanical engineering, and unmanned aerial systems, 3D printing serves as a key link between digital design, engineering validation, functional manufacturing, and real-world applications.

Competition equipment must therefore do more than simply produce parts. It must operate reliably under intensive conditions, maintain consistent results across different users and tasks, and support engineering requirements comparable to those in industrial environments. These expectations align with the core value of industrial-grade FFF technology: stable, repeatable, and verifiable manufacturing performance.

By supporting multiple WorldSkills competitions, INTAMSYS has demonstrated its strengths in industrial-grade FFF technology, event support, technical coordination, and global service delivery.

Looking ahead, INTAMSYS will continue connecting vocational skills education with advanced manufacturing by bringing industrial standards, process expertise, and real-world application experience to the WorldSkills stage, helping more young professionals develop the capabilities required for the future of manufacturing.

 

View original content:https://www.prnewswire.co.uk/news-releases/intamsys-named-exclusive-fff-3d-printing-sponsor-of-worldskills-shanghai-2026-302800113.html

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ITRI Europe Office Marks Its 30th Anniversary With Expanded Technology Cooperation

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BERLIN, June 15, 2026 /PRNewswire/ — The Industrial Technology Research Institute (ITRI) celebrated the 30th anniversary of its ITRI Europe Office with a technology forum in Berlin on June 12, bringing together leading European R&D organizations, including the Alexander von Humboldt Foundation, Fraunhofer-Gesellschaft, the European Association of Research and Technology Organisations (EARTO), and Technische Universität Braunschweig (TU Braunschweig).

The ITRI Europe Office was established in Germany in 1996 to bolster Taiwan’s industrial innovation and transformation capabilities. Since then, the Office has served as a pivotal hub for Taiwan–Europe innovation collaboration. It has supported Taiwan’s participation in more than 20 Horizon Europe programs, forged cooperation agreements with partners in 14 European countries including Germany, the UK, France, and Spain, and facilitated nearly 100 joint R&D projects.

“The 30th anniversary of the ITRI Europe Office marks the deepening of Taiwan–Europe technology cooperation and reflects ITRI’s transformation from a technology scout to a strategic partner for the European innovation ecosystem,” said ITRI Chairman Tsung-Tsong Wu. He emphasized that technology collaboration depends not just on technical expertise but on mutual trust built over time. For instance, ITRI and Fraunhofer have collaborated since 1992. The renewal of another five-year MoU will build on existing joint efforts in healthcare, ICT, and green energy, and further open new avenues in AI and robotics.

“The long-standing partnership between Fraunhofer and ITRI is a strong example of how trust, continuity, and a shared commitment to the future create lasting impact,” said Johann Feckl, Director of Pre-Competitive Research and International Affairs, in his keynote address. “In applied research, international connectivity is essential to identifying technological developments early and turning them into impactful innovation.”

As part of ITRI’s broader engagement with Europe’s technology and industrial sectors, ITRI held ITRI UK Tech Day to mark the first anniversary of its UK Office. It also advanced its partnership with the National Physical Laboratory (NPL), including but not limited to cooperation from semiconductor technology to AI and other related technology.

Aligned with the EU’s R&D priorities in net zero, biomedicine, digital innovation, and space, ITRI will continue to reinforce Taiwan–Europe technology ties through its offices in Berlin and London as it expands collaboration with partners in France, the Netherlands, and Central and Eastern Europe in emerging fields such as drones. With its network across industry, government, academia, research institutes, and startups, ITRI aims to accelerate technology exchange, policy dialogue, and cross-domain innovation, positioning Taiwan as a key force in global industrial transformation.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/itri-europe-office-marks-its-30th-anniversary-with-expanded-technology-cooperation-302800115.html

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Showcasing the Best in AC Installation: Midea Club Flash Installation ASEAN Tournament Returns Bigger Stakes and Up to $25,000 in Prizes

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FOSHAN, China, June 15, 2026 /PRNewswire/ — Midea Club Flash Installation Tournament Season 2 (MCFIT S2), ASEAN’s largest air-conditioning installation competition, officially opens registration today across Thailand, Vietnam, Malaysia, Indonesia, and the Philippines. Elite installers will compete in local qualifiers and national finals before advancing to the ASEAN Grand Finals to be held in Foshan, China.

Raising Industry Standards Together

Developed by Midea Club to elevate installation standards and professionalism across Southeast Asia, MCFIT recognizes the Midea installers who deliver comfort to millions of homes. With the theme,”Deserve to Be Seen” the tournament seeks precision standards that ultimately benefit our customers by ensuring safety and unmatched customer comfort experience. Hence, such unified benchmarks across all markets drive higher standards for the entire industry.  

Master Speed, More Profits: Bigger Rewards Than Ever

Guided by the core philosophy “Master Speed, More Profits”, MCFIT S2 adds outdoor unit installation to the timed contest for a complete practical assessment of professional skills, using the standardized Midea Celest Pro model across all markets. Faster, more efficient installation directly translates into improved service for customers and higher earnings for installers. New awards include the fan-voted “Most Popular Flash Star” and the $5,000 “Master of Speed” country team award. Individual prizes include $5,000 for the champion, $2,000 for second place, and $1,000 for third—bringing the total prize pool to over $25,000.

From Behind the Scenes to Spotlight

Beyond the competition floor, Season 2 launches a new online public voting track — MCFIT Most Popular Flash Star. The dedicated installers who bring comfort to millions of homes every day deserve recognition, not just for their speed, but for their unwavering commitment to craftsmanship and safety —— they deserve to be seen. This year, MCFIT is no longer just a race against the clock. It’s a real stage that brings installers out from behind the scenes and into the spotlight, letting the public see, appreciate, and celebrate the professionals who make comfort possible.

A Proven Platform for Installation Excellence

MCFIT’s inaugural season in 2025 reached over 13,000 installers across five nations, with more than 1,000 top installers competing over three months. Twenty-five elite finalists gathered in China for the Grand Final, where the Philippines won both the Master of Speed Championship and National Award for Master of Speed Country. The event generated over 12.84 million media impressions, establishing MCFIT as the definitive platform for installation excellence in the region. Season 2 builds on this momentum with broader participation, tougher standards, and greater recognition for the professionals who bring comfort into every home.

Registration is now open. Open the Midea Club APP now, sign up, and step into the spotlight — because you deserve to be seen!

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/showcasing-the-best-in-ac-installation-midea-club-flash-installation-asean-tournament-returns-bigger-stakes-and-up-to-25-000-in-prizes-302800121.html

SOURCE Midea Club

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