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Cathay United Bank and Indovina Bank Bring Together Business Leaders to Strengthen Corporate Resilience Amid Global Uncertainty

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HANOI, Vietnam, Aug. 3, 2026 /PRNewswire/ — Cathay United Bank Ho Chi Minh City Branch (CUBHCM), in collaboration with Indovina Bank Ltd. (IVB), hosted the CONNECT 2026 Seminar in Hanoi, themed “Unlocking Growth Through Resilience.” The event attracted more than 80 corporate leaders, CFOs, treasury professionals, and industry experts to exchange insights on the global economic outlook and explore strategies for strengthening business resilience, managing financial risks, and capturing new growth opportunities in an increasingly uncertain business environment.

William Huang, Executive Vice President of CUB, emphasized: “As a regional bank with a strong presence across Asia, CUB supports businesses not only through comprehensive financial services, but also through integrated solutions that help clients optimize liquidity management, strengthen risk management, and expand confidently across borders. Today, resilience is no longer simply about managing risk—it has become a key driver of long-term competitiveness and sustainable growth.”

Keng Yang Lin, General Manager of CUBHCM, said, “The future belongs to organizations that can adapt quickly, manage risks effectively, and make smart use of capital. Through initiatives such as our CONNECT 2026 Seminar, we hope to equip Vietnamese businesses with the expertise, financial solutions, and regional network they need to transform uncertainty into opportunity and build a stronger foundation for sustainable growth.”

As co-host of the seminar, IVB also highlighted the importance of resilience and collaboration in today’s rapidly changing business environment. VJ Lu, General Director of IVB, said that resilience is no longer solely about mitigating risks, but about building the capability to adapt, innovate, and seize new opportunities. Through the partnership with CUB, he hopes to provide businesses with valuable market insights and practical financial strategies to support sustainable long-term growth.

Ryan Chan, Head of Financial Products, APAC (excluding Taiwan), and Jared Wang, Vice President of Wealth Management Department, shared professional insights on corporate treasury management and global market trends. They discussed how persistent inflation, interest rate changes, and foreign exchange volatility continue to reshape corporate financial planning, underscoring the growing importance of robust treasury and foreign exchange risk management frameworks.

The session also introduced FX hedging, structured products, cross-border financing, and integrated treasury management to help businesses effectively manage risks, optimize capital utilization, and strengthen overall financial resilience. In addition, the speakers examined how persistent inflationary pressures, elevated commodity prices, changing central bank policies, and geopolitical risks continue to influence global financial markets, emphasizing the importance of strengthening risk management frameworks and maintaining greater financial flexibility to navigate future market uncertainty.

Phạm Lưu Hưng, Chief Economist and Head of Research at SSI Securities Corporation, shared his outlook on Vietnam’s economy, highlighting continued public infrastructure investment, resilient foreign direct investment (FDI), and ongoing regulatory reforms are expected to support the country’s medium- to long-term growth. At the same time, businesses will need to strengthen operational efficiency, optimize capital allocation, and enhance organizational resilience to navigate market volatility and an increasingly uncertain global economy.

Hiền Lê, Pre-sales Manager at TPIsoftware, presented a practical framework for enterprise AI adoption titled “The Iron Triangle & Sustainable Roadmap.” As AI adoption shifts from technology-driven initiatives toward value-driven business transformation, organizations can accelerate digital transformation by prioritizing high-impact applications such as predictive maintenance, intelligent monitoring, quality management, and process automation, enhancing operational efficiency and enabling more informed decision-making.

CUB continues to leverage its extensive regional network and comprehensive corporate banking capabilities—including cash management, foreign exchange solutions, derivatives, trade finance, syndicated lending, investment products, and treasury advisory services to support clients in navigating market uncertainty.

 

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SOURCE Cathay United Bank

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VisualCamp to Launch AI-Powered Literacy Assessment PoC in Indian Public Schools This September

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Three-month initiative in Haryana’s Nuh district follows an official Letter of Intent from the state government.AI gaze-tracking technology in ‘READ for School’ provides actionable, data-driven insights into student reading behaviors.

SEOUL, South Korea, Aug. 3, 2026 /PRNewswire/ — VisualCamp, a global leader in AI-based eye-tracking technology, announced today that it will officially launch a three-month Proof of Concept (PoC) for its AI-powered literacy courseware, READ for School, starting this September in the Nuh district of Haryana, India. The initiative builds upon an official Letter of Intent (LOI) received from the Government of Haryana, marking a strategic milestone in the company’s expansion into India’s public education system.

The three-month PoC aims to demonstrate how VisualCamp’s gaze-based reading analytics can help educators identify student reading difficulties at an early stage, track comprehension progress over time, and deliver targeted literacy interventions. Unlike conventional assessment tools that rely solely on test scores, READ for School leverages standard mobile device cameras to analyze real-time gaze patterns—including fixation duration, reading speed, regressions, and gaze span—rendering invisible cognitive reading processes actionable for educators.

“India represents a strategically vital market for VisualCamp, and launching this Proof of Concept in September marks a crucial step in our global expansion,” said Yunchan Suk, CEO of VisualCamp. “By making reading behaviors visible, READ for School empowers educators to understand not just what students achieve, but how they read. We are eager to prove the educational impact of our technology in Haryana and help every child become a more confident, capable learner.”

VisualCamp’s proprietary technology has already achieved strong market validation in South Korea, where it is implemented in over 500 schools and 200 learning institutions. Demonstrating its ongoing product innovation, VisualCamp has also expanded its ecosystem with ReadClass—a new AI-powered English reading analysis platform that automatically generates vocabulary, quizzes, and real-time gaze dashboards to streamline instruction for educators. Internationally, the company continues to scale through key partnerships, including Oxford Education Mexico, where its courseware currently supports literacy education across more than 10 schools in both English and Spanish environments.

About VisualCamp

VisualCamp is a global pioneer in AI-driven gaze tracking and literacy analysis. Recognized for its world-class technology, the company has won back-to-back CES Innovation Awards (2022, 2023), the GLOMO Award for Best Mobile Innovation at MWC (2021), and was named one of the Financial Times High-Growth Companies in Asia-Pacific (2024). Backed by 46 global patents—including 7 in the U.S.—VisualCamp transforms standard smartphone and tablet cameras into powerful diagnostic learning tools without requiring additional hardware. Through its flagship READ courseware lineup, VisualCamp makes reading behaviors actionable, empowering educators and institutions worldwide to deliver personalized literacy education. For more information, visit www.visual.camp.

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Rockwell Automation Announces Arriyadh Roaster Selects Plex Smart Manufacturing Platform to Strengthen Visibility, Flexibility and Growth Across Its Growing Coffee Operations

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Saudi Arabia’s leading coffee producer adopts Plex to gain real‑time insight, streamline shop‑floor processes, and support scalable production for new product lines.

DAMMAM, Saudi Arabia, Aug. 3, 2026 /PRNewswire/ — Rockwell Automation, the world’s largest company dedicated to industrial automation and digital transformation, today announced that Arriyadh Roaster, the Kingdom of Saudi Arabia’s largest specialty coffee roaster and a major supplier to leading coffee chains nationwide, has selected the Plex Smart Manufacturing Platform™ to enhance visibility, efficiency and agility across its operations.

As a fast‑growing producer of roasted coffee beans and innovative coffee‑related products, Arriyadh Roaster required a modern, cloud‑based manufacturing execution solution capable of providing real‑time insight into production, improving coordination across the shop floor, and supporting the company’s continuous expansion. With new products and manufacturing lines added regularly, the business required a robust digital foundation to maintain consistency, traceability and operational control as demand accelerates.

“Arriyadh Roaster is an ideal example of a strategic Saudi manufacturer investing in the right digital backbone for long‑term growth,” said Tom Forster, regional vice president, enterprise software sales, EMEA, Rockwell Automation. “One of the key reasons they selected Plex was its ability to deliver real‑time, actionable visibility across their shop floor. This will help the company make faster, better decisions as they introduce new products, add capacity and continue expanding their footprint.”

Arriyadh Roaster selected the Plex manufacturing execution system (MES) to streamline processes, unify data flows and enable fully connected manufacturing. The platform will equip operators and managers with immediate, data‑driven visibility into work‑in‑progress, inventory movement, order status, and quality management.

The implementation was supported by local system integrator GulfNet Solutions Company Limited (GNS), a silver-level partner in Rockwell’s PartnerNetwork™ ecosystem, that created a middleware layer to connect Plex MES with Arriyadh Roaster’s ERP system — helping ensure seamless information exchange and a single source of truth across the enterprise. The project represents a milestone for the region, marking one of the first Plex partner‑led implementations in Saudi Arabia and aligning with national initiatives to accelerate industrial modernization.

“This collaboration reflects the power of working with local partners who understand the Kingdom’s strategic direction,” said Jay Patel, managing director of GulfNet Solutions Company Limited. “Supporting Arriyadh Roaster with Plex aligns directly with the goals of Saudi Vision 2030 — advancing digital capability, strengthening industrial resilience and ensuring Saudi businesses have access to world-class technology delivered through local expertise.”

Rockwell’s elastic MES portfolio is a cloud-native, interoperable MES platform designed to unify operations across operational technology (OT) and information technology (IT). This elastic, modular approach accelerates time to value, simplifies operations and allows manufacturers to scale capabilities as needed – empowering progress toward autonomous operations.

“Our business is built on quality, innovation and the ability to respond quickly to customer demand,” said Hassan Sharrofna, general manager of Arriyadh Roaster. “Plex gives us a modern, integrated platform that enhances operational visibility, supports better planning and ensures consistency across all our production lines. With real‑time insight and stronger control over our processes, we are well positioned to scale confidently, introduce new products faster and continue leading the coffee industry in Saudi Arabia.”

About Rockwell Automation

Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 26,000 problem solvers dedicated to our customers in more than 100 countries as of fiscal year end 2025. To learn more about how we are bringing the Connected Enterprise® to life across industrial enterprises, visit www.rockwellautomation.com.

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XTransfer Named to CNBC’s World’s Top Fintech Companies 2026

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SINGAPORE, Aug. 2, 2026 /PRNewswire/ — XTransfer, the world’s leading B2B cross-border trade payment platform, is proud to announce it has been named, for the first time, to CNBC’s 2026 list of the World’s Top Fintech Companies (Payments Segment). The inclusion not only recognises XTransfer’s ongoing commitment to empowering SMEs with secure, efficient and accessible cross-border payment solutions, but also highlights its growing influence in the industry.

The annual ranking, produced in collaboration with Statista, the world-leading statistics portal and industry ranking provider, recognises the most innovative and high-impact fintech firms globally.

“This recognition reflects the dedication of our team and the trust our customers and partners place in us every day,” said Bill Deng, Founder and CEO of XTransfer. “Cross-border financial operations can be complex, especially for SMEs. We focus on solving the real operational challenges behind international payments, reducing friction, improving visibility, and strengthening risk controls, so businesses can concentrate on growth.”

XTransfer’s inclusion underscores the company’s growing role in the global payments ecosystem and its long-term mission to make cross-border trade payments simpler, safer, and more accessible for SMEs worldwide. XTransfer will continue to invest in compliance and product innovation, while deepening collaboration with top-tier financial institutions to help more businesses trade globally with confidence.

CNBC’s World’s Top Fintech Companies list evaluates thousands of firms across seven key segments, including Payments and Enterprise Technology. Companies were assessed based on quantitative KPIs, growth metrics, and industry influence, with data sourced from public reports, company submissions, and independent research.

Based on the results of the study, XTransfer is honoured to be recognised on CNBC’s World’s Top Fintech Companies 2026 list. View list here.

About XTransfer

XTransfer, the world’s largest B2B cross-border trade payment platform with over US$60 billion TPV in 2025, according to CIC. Founded in 2017 as one of the first payment platforms worldwide dedicated to B2B cross-border trade, we serve the largest customer base of over 890,000 registered SMEs globally.

We connect top-tier financial institutions directly to SMEs, the backbone of global trade, giving businesses of every size access to the same secure, compliant and seamless payment infrastructure once reserved for multinationals. As of March 31, 2026, we provide payment services across more than 200 countries and regions through partnerships with financial institutions, including some of the most established international banks around the world.

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SOURCE XTransfer

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