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Apodex Launches TRACES, a Benchmark for Scientific Discovery

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TRACES moves beyond static datasets and answer keys, testing whether AI can navigate real-world scientific environments, adapt to feedback and produce verifiable discoveries

REDWOOD CITY, Calif., Aug. 19, 2026 /PRNewswire/ — Apodex today introduced TRACES, a novel benchmark designed to evaluate AI on one of the hardest challenges in artificial intelligence: working on real-world problems where the answer may not yet be known.

Most AI benchmarks begin with an answer key. They measure whether a model can retrieve established knowledge, solve a predefined problem, write correct code or reproduce a known result. Scientific discovery is different. Researchers often begin without knowing the answer, and sometimes without knowing whether their initial hypothesis is correct. Progress may require searching vast bodies of evidence, using specialized tools, maintaining competing hypotheses, running experiments, learning from failure and repeatedly revising a line of inquiry before reaching a conclusion that can withstand verification. In some scientific problems, the ultimate answer may not become known until months or years later.

TRACES is designed for that world. Rather than treating a benchmark as a static dataset with hidden answers, TRACES transforms real-world problems into executable environments where AI systems can observe, act, use tools, learn from feedback and work toward verifiable outcomes. The process of such AI systems interacting with executable environments are also evaluated along six TRACES capabilities, novel evaluation metrics which we design specifically for the purpose of evaluating discoverative AI. Together, these real-world problems, executable environments and evaluation frameworks form the TRACES benchmark.

“TRACES is a benchmark designed specifically to evaluate progress in discoverative AI,” said Dr. Sheng Wang, Lead Scientist at Apodex, who leads discovery and evaluation. “It brings together sophisticated efforts in scouting high-value real-world problems, assembling the tools and data needed to build executable environments, and developing a novel scoring system that evaluates not only outcomes but also the discovery process. We believe TRACES represents an important milestone in the development of discoverative AI.”

Beyond Static Benchmarks: Toward Executable Environments

TRACES is built around a different conception of AI evaluation. Instead of presenting a model with a question and scoring only its final answer, a TRACES environment gives an AI system an environment in which to work. Depending on the problem, that environment may include scientific literature, structured datasets, code execution, specialized scientific tools, simulators, folding engines, experimental feedback or other interfaces. The system must decide what to do, interpret what happens, update its approach and continue working toward a verifiable outcome. The full trajectory can then be evaluated alongside the final result.

TRACES: Six Capabilities for Discovery

Discoverative AI aims at answering open-ended, high-value questions, many of which may lack outcome feedback. It is therefore essential to evaluate and verify the process of such systems, essential for the success of discoverative AI. To this end, within these environments, TRACES evaluates six capabilities Apodex considers fundamental to long-horizon, verifiable problem solving:

T — Tools: selecting, calling and correctly interpreting external toolsR — Repair: locating and correcting its own errors once feedback arrivesA — Alternatives: laying out competing hypotheses and keeping or discarding them as evidence accumulatesC — Coherence: holding state, constraints and logic intact across a long chain of workE — Evidence: grounding every conclusion in observation, data, experiment or citationS — Scope: stating the conditions under which a conclusion holds, and where it does not apply

“The TRACES process verification is what makes the benchmark unique,” said Brian Wang, AI Research Scientist at Apodex. “In scientific discovery, the answer is one line at the end of hundreds of judgments — what to try next, when the evidence is enough, when to abandon a hypothesis. The capability lives there, and scoring only the last line throws away almost all of it. Our TRACES verifier systematically scores the quality of process, which is essential for evaluating and improving AI systems for long-horizon, open-ended discoverative jobs.”

Together, these dimensions evaluate more than whether an AI produced the right final answer. They evaluate how the system got there. A scientifically plausible answer is not enough if the system used the wrong tool, ignored contradictory evidence, failed to consider alternative explanations or made a claim broader than its evidence supports. The objective is to evaluate both outcome and process — what the system discovered and whether the path it took supports the conclusion.

Verifying the Path, Not Only the Answer

In TRACES, AI systems are evaluated both by outcome and process verifiers. The outcome verifier grades a submission against hidden ground truth; the process evaluation asks whether the conclusion was earned — whether the path that produced it is one that would hold up on the next problem. Both matter, but for discoverative AI, process verification is arguably more important,  evaluating submissions along the six fundamental TRACES capabilities.

TRACES makes each of the generic capabilities concrete for different environments. Evidence fidelity (E), for instance, could take different forms: where a solver must propose a candidate that will later be tested in the physical world, it asks whether the proposal rests on a prediction the solver actually ran under its limited feedback budget rather than on asserted plausibility; where the deliverable is a report that must survive audit, it asks whether every figure traces to a procedure genuinely executed on the population it claims to describe. Decomposing TRACES capabilities into problem-specific atomic skills or subrubrics, TRACES verification offers targeted process evaluation and diagnostic feedback.

Evaluators do not assign a free-form score — they match observed evidence against explicit written descriptions of each scoring band, and every finding is anchored to specific steps in the recorded trajectory. An independent model then reviews the result, and disagreement triggers a re-score and final adjudication. Calibrations between process verification and hidden outcomes, and verification-repair loops are also carried out to ensure the validity of our process verifier.

Beyond What AI Knows: Measuring What It Can Discover

As AI moves deeper into science, the distinction between knowing and discovering becomes increasingly important. A model can summarize what humanity already knows about a disease and still fail to identify a new therapeutic opportunity. It can understand published protein science and still fail to design a biological candidate that works when tested. It can produce an elegant scientific explanation that collapses when confronted with new evidence. Discovery begins where the answer key ends. TRACES is Apodex’s attempt to evaluate AI at that boundary.

About Apodex

Apodex is building Discoverative AI: artificial intelligence that discovers unknown things from known knowledge, rather than just generating outputs from material already in the training distribution. At the core is the company’s Self-Evolving Solver, a system built for real-world problems: questions with no answer in any dataset, where every reasoning step can be audited, and every improvement is earned through verified discovery.

Apodex’s founding thesis is that scale and data alone cannot cross the barrier from pattern-matching to genuine discovery. Crossing it requires new ideas from neuroscience, information theory, physics, and formal verification — and the people sharp enough to bring them. Apodex is hiring across research, engineering, and open-source contributions. Learn more at www.apodex.com.

Participation and Access

TRACES is open for participation, and Apodex is actively seeking both solver systems to evaluate and new problems to build. Teams building a solver system — a model, a harness, an agent loop, or all three — can submit it for evaluation on our benchmark, including on the TRACES capabilities, through https://discovery.apodex.com/submit-solver.html. No integration work is required from the submitting team: every system enters through the same fixed episode interface, and Apodex performs that work in collaboration with the submitter. Researchers and organizations holding a consequential problem from their own field — one they believe an AI system should be able to attack — can propose it through https://discovery.apodex.com/submit-problem.html, and Apodex will work with them to turn it into an executable environment with both outcome and process verifiers.

For More Information

The complete framework, including the problem-scouting process behind the 423 high-value problems assembled from a survey of 561 industries across 16 sectors, the environment and episode design, the process metric, and full results, is documented in the following technical report and websites:

Explore TRACES and its environments 
Read the TRACES technical paper on arXiv 

Media Contact
TEAM LEWIS: apodex@teamlewis.com

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SOURCE Apodex

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XTransfer Showcases Southeast Asia Local Collection Solution at CAEXPO to Support Cross-Border Trade

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HONG KONG, Oct. 5, 2026 /PRNewswire/ — The 23rd China–ASEAN Expo (CAEXPO) opened in Nanning, Guangxi, in September 2026. XTransfer, a leading global B2B cross-border trade payment platform, made its debut at the event, showcasing its one-stop solution for Southeast Asia local collections and RMB settlement. The solution helps foreign trade companies overcome cross-border payment and settlement challenges and capture new opportunities from the growing China–ASEAN trade relationship.

ASEAN trade momentum is accelerating, driving demand for localised payments. In 2025, China–ASEAN bilateral trade exceeded USD 1 trillion for the first time, reaching USD 1.05 trillion (+7.4% YoY). China has been ASEAN’s largest trading partner for 17 consecutive years, while ASEAN has been China’s largest trading partner for six consecutive years. From January to July this year, bilateral trade totalled USD 744.41 billion (+24.7% YoY), accounting for 21.8% of China’s total foreign trade. As supply chains and commerce become more interconnected, businesses increasingly need efficient, flexible, multi-currency payment and collection capabilities to deepen their presence in Southeast Asia.

However, many exporters still face the bottleneck of “easy to export, hard to get paid”. ASEAN buyers often prefer paying in local currencies, while exporters may lack suitable collection channels. USD settlement can add FX costs and cross-border fees, and post-payment steps, including conversion, settlement, and repatriation, can slow cash flow and affect fulfilment. Businesses therefore need a full-chain solution covering pay, collect, settle, and repatriate.

To address this, XTransfer leverages its global local collection network and partnerships with licensed financial institutions to provide eligible companies with local-currency collection accounts in key ASEAN markets including Malaysia, Indonesia, Vietnam, and Thailand. Supported currencies include IDR, MYR, THB, VND, PHP, and SGD. Buyers can pay from local bank accounts via local clearing, while exporters can convert and settle into RMB through XTransfer, accelerating fund return and improving cash utilisation.

XTransfer remains committed to supporting secure and compliant operations while continuously optimising FX and settlement processes to deliver reliable, low-cost cross-border payment infrastructure.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/xtransfer-showcases-southeast-asia-local-collection-solution-at-caexpo-to-support-cross-border-trade-302897951.html

SOURCE XTransfer

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ICAC and UNODC jointly debut the pioneering Prison Guide, ICAC Commissioner: charting the way for enhancing global prison integrity

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ABU DHABI, UAE and HONG KONG, Oct. 5, 2026 /PRNewswire/ — ICAC Commissioner Mr Woo Ying-ming, leading his delegation, concluded his visit to the United Arab Emirates (UAE), during which the ICAC co-launched the “Integrity Behind Bars: A Guide on Corruption Risk Management in Prison Systems” (“Prison Guide”) with the United Nations Office on Drugs and Crime (UNODC) in the 15th United Nations Congress on Crime Prevention and Criminal Justice in Abu Dhabi.

In his capacity as ICAC Commissioner and President of the International Association of Anti-Corruption Authorities (IAACA), Mr Woo co-launched the “Prison Guide” with Ms Monica Juma, Executive Director of the UNODC on October 1 in Abu Dhabi. Recalling the journey began over a year ago, Mr Woo noted that “Having served as Commissioner of Correctional Services of Hong Kong, my three-decade experience in prison management enlightened me that prisons are the final line of defence of the justice system. A corrupt prison environment not only endangers the safety of law enforcement officers and inmates but also undermines the rehabilitation of prisoners, thus weakening social stability. Therefore, when the UNODC invited the ICAC to lead this project, I relentlessly accepted the challenge, hoping to enhance prison governance worldwide.”

“With full support from the UNODC and the IAACA, various international experts gathered in Hong Kong last November to exchange experiences, bringing forth this guidebook which is grounded in international standards with flexible framework. I hope the “Prison Guide”, which offers comprehensive guidelines covering prison staff recruitment and training, procurement and financial controls, reporting mechanisms, oversights and inspections, prison intelligence and use of technology, will shed light of integrity on every corner behind the bars, enabling prisoners to turn a new page in life,” Mr Woo added.

Mr Woo remarked that the “Prison Guide” also embarked on the maiden voyage of ICAC’s another international mission. Looking forward, the ICAC planned to co-organise training programmes with the UNODC starting next year for prison administrators, anti-corruption agencies and law enforcement bodies worldwide to share the prolonged partnership and robust achievements between the ICAC and the Correctional Services Department.

Executive Director of UNODC Ms Juma also expressed her gratitude to the ICAC and the IAACA for co-producing the “Prison Guide” with the UNODC, which aimed to nip graft in the bud by offering systematic anti-corruption advice. She called upon the UN member states to adopt the recommendations in the guidebook and encouraged greater international cooperation between prison administrations and anti-corruption bodies. The UNODC stood ready to support member states to apply integrity in their judicial systems.

Meanwhile, Dr Kalwan Kwan Ming-tak, Adjunct Associate Professor of the Department of Sociology of the University of Hong Kong, also joined the delegation to share Hong Kong’s successful prison system. ICAC’s Principal Investigator Ms Bonnie Wong Kar-man also expounded on law enforcement experiences against prison corruption.

The meeting drew participation from experts and representatives of international organisations. Apart from commending the guidebook for offering valuable references, participants were also of the view that social development would be benefited from enhanced prison integrity.

During the visit, Mr Woo also held a bilateral meeting with the UAE Accountability Authority to exchange graft fighting insights and explore future collaborations. The delegation took the opportunity to call on Mr Zhao Liang, Chargé d’Affaires at the Embassy of the People’s Republic of China in the UAE to learn local anti-corruption work. Accompanying Mr Woo to attend the UN Crime Congress are Principal Investigators Ms Bonnie Wong Kar-man and Mr Gary Wong Hon-kit, as well as Chief Corruption Prevention Officer Mr Tony Lau Yip-fung and Chief Academy Officer Mr Karson Li Tsz-hin. The delegation returned to Hong Kong on October 3.

View original content to download multimedia:https://www.prnewswire.com/news-releases/icac-and-unodc-jointly-debut-the-pioneering-prison-guide-icac-commissioner-charting-the-way-for-enhancing-global-prison-integrity-302897990.html

SOURCE The Independent Commission Against Corruption of Hong Kong, China

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FOMO Pay Partners with Sumsub to Further Strengthen Its Compliance Infrastructure as It Expands Across Markets

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Sumsub’s verification, monitoring, and risk solutions support FOMO Pay in scaling its compliance operations while adapting to evolving regulatory requirements.

SINGAPORE, Oct. 5, 2026 /PRNewswire/ — Sumsub, the first AI-powered trust infrastructure for compliance operations at scale, is partnering with FOMO Pay, a leading Singapore-headquartered payment institution, as FOMO Pay continues to expand its existing technology infrastructure alongside its growth across markets. Sumsub’s solutions form part of this broader technology infrastructure, adding capabilities across areas including identity and business verification and transaction monitoring to support evolving regulatory and operational requirements.

FOMO Pay’s business currently spans Southeast Asia, the Greater Bay Area, and the Middle East and North Africa, where compliance requirements can vary significantly between economies. 

Financial institutions are facing increasingly sophisticated and coordinated fraud threats across global markets. Sumsub’s Identity Fraud Report 2025-26 found that multi-step, resource-intensive attacks powered by AI rose 180% year-on-year globally in 2025. The Middle East (19.8%) recorded the fastest regional fraud growth year-on-year in 2025, followed by APAC (16.4%). AI-enabled deepfakes remain a particular concern in APAC, with incidents rising 158% in Singapore and 147% in Hong Kong year on year in 2025. These evolving risks, alongside local regulatory requirements, highlight the importance for scalable, connected compliance infrastructure that can support FOMO Pay’s operations across different global markets.

“As financial services become increasingly interconnected across markets, businesses need technology and compliance infrastructure that can evolve alongside their operations. At FOMO Pay, we continuously develop our processes and technology to support our expanding footprint and changing regulatory requirements,” said Leona Gan, Director of Business Development at FOMO Pay. “Our partnership with Sumsub adds further capabilities to our verification and compliance workflows, complementing the broader infrastructure we have in place as we scale across markets.”

FOMO Pay uses Sumsub’s modular, API-first platform as an additional solution within its existing technology infrastructure, further optimizing relevant workflows across different customer segments and markets. Sumsub supports more than 14,000 identity document types from over 220 countries and territories, and its proprietary Liveness detection technology serves as an additional layer of safeguard, being capable of identifying up to 99.98% of deepfake attempts in a single scan.

The platform also provides capabilities for business verification, ownership verification and AML screening as part of FOMO Pay’s onboarding and compliance workflows.

Beyond onboarding, FOMO Pay uses Sumsub’s transaction monitoring tools to further strengthen its existing approach to reviewing customer transactions and account activity for potential risks. This ensures end-to-end compliance coverage for FOMO Pay’s global operations.

“Payments and digital assets are converging, and customers increasingly move between services, platforms, and markets. For highly regulated sectors like financial services, trust and compliance must keep pace with these developments,” said Penny Chai, Vice President, APAC at Sumsub. “Our partnership with FOMO Pay reflects the growing need for scalable compliance operations, enabled by trust infrastructure that can adapt to evolving regulations and emerging fraud risks as financial services become more interconnected.”

Looking ahead, FOMO Pay will continue developing its digital financial infrastructure across global payments, global business accounts, and digital assets while exploring how AI and automation can play a greater role across its products and services.

About Sumsub

Sumsub is the first AI-powered trust infrastructure for compliance operations at scale. It connects identity and business verification, fraud prevention, transaction monitoring, and risk workflows, helping teams reduce manual work and enter new markets.

Trusted by over 4,000 clients across financial services, crypto, mobility, trading, marketplaces, education, and iGaming, including  Bybit, Bitpanda, Wirex, Avis, Vodafone, Duolingo, Kaizen Gaming, and Bancaribe.

About FOMO Pay

Founded in 2015, FOMO Pay is a payment institution licensed in Singapore, Hong Kong and the Middle East. The firm has become a leading one-stop digital payment, digital banking, and digital asset solution provider. It is currently building Asia’s fully licensed financial platform, helping institutions and businesses connect between traditional and next-generation financial services. The firm offers its three flagship products:

FOMO Payment – One-stop digital payment solution for merchants, corporates and financial institutionsFOMO iBiz – Facilitate businesses’ everyday requirements for transactional banking needsFOMO Treasury – Corporate cash management and investment solutions for liquidity optimisation and earning yield

Visit www.fomopay.com for more information.

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SOURCE FOMO Pay; Sumsub

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