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Responsible Fintech Institute Appoints Four Executive Fellows and Elevates Distinguished Professor Patrick H. M. Loh to Co-Founder

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Appointments of Professor Lawrence Loh, Associate Professor Eugene K.B. Tan, Professor Louis Chen and Farah Jaafar deepen RFI’s expertise in law, governance, digital policy and cross-border capital markets

SINGAPORE, Sept. 29, 2026 /PRNewswire/ — The Responsible Fintech Institute (RFI) has appointed Professor Lawrence Loh, Associate Professor Eugene K.B. Tan, Professor Louis Chen and Ms Farah Jaafar as Executive Fellows. RFI has also elevated Distinguished Professor Patrick H. M. Loh, who joined as an Executive Fellow in April 2026, to Co-Founder, in recognition of his contributions to the Institute’s strategic direction.

The appointments come as digital finance goes mainstream and regulators, institutions and technology providers seek to ground innovation in digital assets, AI and cross-border payments in sound legal, ethical and governance foundations.

As Executive Fellows, they will engage regulators and standard-setting bodies, contribute to principles-based industry frameworks, and strengthen RFI’s partnerships across the region.

Welcoming the appointments, Chia Hock Lai, Chairman of RFI, said, “Lawrence, Eugene, Louis and Farah bring deep experience in law, governance, digital policy and capital market development, the disciplines that responsible digital finance depends on. I also congratulate Patrick on becoming a Co-Founder, recognising his central role in building the Institute.”

Professor Lawrence Loh is Director of the Centre for Governance and Sustainability at NUS Business School, where he leads the Singapore Governance and Transparency Index and the ASEAN Corporate Governance Scorecard project. He holds a PhD in Management from the Massachusetts Institute of Technology and is a regular commentator on governance and sustainability for outlets including the BBC, Bloomberg, CNN and The Straits Times.

“Trust is the foundation of every financial system, and it is built on transparency and good governance,” said Professor Lawrence Loh. “I am pleased to help RFI support an industry that grows responsibly and sustainably.”

Associate Professor Eugene K.B. Tan is Associate Professor of Law at Singapore Management University (SMU) and an advocate and solicitor of the Supreme Court of Singapore. Educated at the National University of Singapore, the London School of Economics and Stanford University, where he was a Fulbright Fellow, he specialises in constitutional and administrative law and the ethics and policy of artificial intelligence. He served as a Nominated Member of Parliament from 2012 to 2014 and, from 2019 to 2026, as Singapore’s Representative and Alternate Representative to the ASEAN Intergovernmental Commission on Human Rights.

“As AI and digital assets reshape financial services, the key questions are about accountability and public trust, not just technology,” said Associate Professor Tan. “I look forward to helping RFI develop frameworks that are principled, practical and grounded in the rule of law.”

Professor Louis Chen is widely recognised for his contributions to digital governance, sustainable digital economy development and cross-sector institutional collaboration. Through his leadership at the Digital Governance Association (DGA), he has helped advance dialogue on responsible innovation, AI governance and the future of digital ecosystems.

“Trusted digital finance depends on governance that keeps pace with technology,” said Professor Chen. “I look forward to helping RFI bring policymakers, academics and industry together towards a secure, interoperable digital economy.”

Ms Farah Jaafar is a senior executive, board advisor and governance leader with close to 30 years of experience across capital markets, offshore finance, fintech and digital assets. As former Chief Executive Officer of Labuan IBFC Inc., she led the international positioning of Malaysia’s international business and financial centre as a regional hub for cross-border financial solutions. She has chaired risk committees in regulated brokerages and pioneered licensed fintech and digital asset infrastructure in Asia. She chairs the Women in Fintech Group of the Asia Fintech Alliance, which represents fintech associations across 15 Asian markets.

“A rising tide lifts all boats,” said Ms Jaafar. “Digital finance can widen access and create opportunity, but only if it earns the confidence of regulators, investors and the public. I look forward to strengthening that collaboration with RFI.”

Distinguished Professor Patrick H. M. Loh was conferred the inaugural Singapore Distinguished Professor title by Murdoch University, Australia, in 2024. He is Senior Fellow and Advisory Board Member at the Centre for Governance and Sustainability at NUS Business School, and Chairman of the Advisory Board at Murdoch University in Singapore. He was awarded the Public Service Star (BBM) and the Public Service Medal (PBM) by the President of the Republic of Singapore.

“The calibre of leaders joining us shows that responsible innovation needs collaboration across law, governance, industry and policy,” said Distinguished Professor Patrick Loh. “I look forward to expanding RFI’s impact across the region and beyond.”

The RFI Executive Fellowship is designed for senior leaders with at least 20 years of experience in executive leadership and a demonstrated track record in shaping financial policy or institutional strategy. Fellows are expected to operate with institutional neutrality while contributing to globally aligned and responsible financial systems.

About the Responsible Fintech Institute (RFI)

The Responsible Fintech Institute (RFI) is a global nonprofit organisation based in Singapore. Its goal is to create a safe, trustworthy and reliable future for digital finance by building the digital utilities that support responsible innovation. RFI brings together public and private sector stakeholders to help build the rules and technology needed for new digital financial tools, and to make the digital asset sector sustainable and inclusive. Learn more at responsiblefintech.org.

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SOURCE Responsible Fintech Institute (RFI)

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Willowglen and cynapse.ai Sign MOU to Advance Agentic Video Intelligence Across Singapore and Southeast Asia

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Strategic partnership will focus on joint marketing, knowledge sharing, and the development of advanced Agentic Video Intelligence solutions

SINGAPORE, Sept. 30, 2026 /PRNewswire/ — Willowglen and cynapse.ai, a pioneer in Agentic Video Intelligence, today announced the signing of a Memorandum of Understanding (MOU) to strengthen their strategic partnership. The agreement outlines a shared commitment to delivering innovative solutions to the Singapore and Southeast Asia markets.

Under the MOU, the two companies will collaborate on joint marketing efforts, knowledge sharing, and the development of advanced Agentic Video Intelligence solutions. The partnership builds on the existing relationship between Willowglen and cynapse.ai, and reflects rising demand for AI-driven video intelligence across industries with mission-critical operations.

“By adding cynapse.ai’s agentic video intelligence, we bring a deeper layer of understanding to the infrastructure our customers already rely on, without adding complexity. This partnership strengthens our ability to deliver advanced video intelligence capabilities to operators across the region,” said Ms Jun Tan, CEO of Willowglen.

“Video analytics is entering its next generation, moving from passive footage review to agentic AI that understands and acts on what it sees. Partnering with Willowglen lets us bring that shift to operators managing some of the region’s most critical infrastructure,” said Guy Ron, Founder and CEO of cynapse.ai.

Willowglen and cynapse.ai signed the MOU on September 30, 2026, formalizing their commitment to strengthen sector safety and security management in Singapore and Southeast Asia through Agentic Video Intelligence. Upcoming projects include a road and tunnels traffic monitoring solution, and airport safety and security monitoring solution in Singapore. 

About Willowglen

Willowglen Services Pte Ltd was established in Singapore in 1986 and specialized in SCADA, intelligent automation and integrated security management systems. The company provides solutions for monitoring, controlling and securing critical operations across sectors such as transportation, water, power and commercial facilities. Its capabilities span research and development, system engineering, project management and maintenance support. Willowglen combines these strengths to deliver integrated solutions tailored to each customer’s operational needs. With decades of experience, the company is accelerating the integration of AI-powered data analytics and agentic AI capabilities to deliver resilient, high-performance solutions that help customers improve operational visibility, efficiency, intelligence and security.

About cynapse.ai

cynapse.ai is a leading provider of Verticalized Agentic AI Video Intelligence solutions, enabling organizations to enhance safety, security, compliance and operational efficiency. The cynapse.ai solutions are designed to detect and respond to risks, threats, and violations while uncovering opportunities across transportation networks, seaports, data centers and correctional services. Offering human-like video understanding through cyNeuron and 150+ field-proven, predefined analytics, and turning it into everyday value through AI agents and an intuitive copilot, cynapse.ai is making video intelligence more powerful and accessible than ever before.

 

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SOURCE cynapse.ai

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India’s Senior Tech Workforce Turns to IIT Kharagpur for AI Upskilling

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IIT Kharagpur’s first-ever online executive AI portfolio has recorded 3x enrolment growth quarter-on-quarter, prompting an expansion from four to seven specialised programmes.

KHARAGPUR, India, Sept. 30, 2026 /PRNewswire/ — India’s AI upskilling wave is increasingly being driven by experienced professionals rather than early-career talent. Reflecting this shift, IIT Kharagpur and upGrad have expanded their executive AI portfolio from four to seven programmes after recording 3x QoQ enrolment growth across the portfolio.

Announced in April 2026, the collaboration has attracted learners from 133 cities across India and seven countries—the UAE, US, UK, Germany, Canada, Australia and Kuwait. The portfolio has drawn a distinctly senior audience, with a median work experience of 12 years, while nearly 63% of learners have over a decade of professional experience.

Participants include professionals from leading organisations such as TCS, JPMorgan Chase, Bank of America, HSBC, Infosys, Accenture, Deloitte, Capgemini, IBM, Oracle, Cognizant, Salesforce, Wipro, Citi and Qualcomm, spanning roles including Vice Presidents, Principal Engineers, Engineering Managers, Tech Leads, Staff Software Engineers, Senior Consultants and Data Scientists.

The strong response has also shaped the evolution of the portfolio. Originally launched with four executive programmes covering Generative AI, AI-Native Software Engineering, Applied AI & Machine Learning, and Technology & AI Leadership, it has now expanded with three specialised offerings in Building AI Products, Systems & Services, Applied Data Science & Agentic AI, and FinTech & AI, enabling professionals to pursue role-specific AI capabilities.

Demand has been strongest for hands-on AI programmes. The Executive Post Graduate Certificate in Generative AI & Agentic AI and the Executive Post Graduate Certificate in Applied AI & Machine Learning have each recorded 2x quarter-on-quarter enrolment growth, emerging as the fastest-growing programmes in the portfolio. The remaining growth has been driven by increasing demand across specialised offerings in AI product development, data science, software engineering, technology leadership and fintech, reflecting the broadening adoption of AI skills across functions and industries.

The demand spans India’s technology corridors. Bengaluru has emerged as the largest learner hub, followed by Hyderabad and Pune, while professionals from Mumbai, Delhi NCR, Kolkata, Chennai and numerous emerging cities are also enrolling in large numbers. Sector-wise, technology services, consulting and financial services are leading AI adoption, accounting for nearly half of the learner base.

Commenting on the milestone, Prof. Suman Chakraborty, Director, IIT Kharagpur, said: “As IIT Kharagpur marks 75 years of academic excellence and nation-building, we remain conscious that the true measure of an institution lies not only in its legacy, but also in its ability to respond to the needs of the future. Artificial intelligence is transforming industries, institutions and society, making lifelong learning an increasingly important academic responsibility. Our partnership with upGrad reflects this commitment by bringing IIT Kharagpur’s academic depth to professionals at scale. Initiatives such as the Outreach Course Network (OCN) further this vision by creating a trusted framework for learning. We are encouraged by the growth of this collaboration and look forward to expanding it into new areas of national and global relevance.”

Anuj Vishwakarma, CEO – Higher Education Programmes, upGrad, said:”The response to this portfolio has reaffirmed a shift we’ve been observing across the industry—AI upskilling is no longer driven primarily by early-career professionals. Today’s learners are experienced technology leaders who recognise that staying relevant requires continuous reinvention. What has been particularly encouraging is the strong demand for specialised, role-aligned learning, which has led us to expand the portfolio from four to seven programmes within months of launch. Together with IIT Kharagpur, we’re building pathways that enable professionals to translate AI from a strategic priority into practical capability at work.”

Early learner engagement has also remained strong, with over 95% of enrolled learners activating their accounts and beginning their learning journey, reflecting high programme relevance among working professionals balancing full-time careers. Completion and certification metrics will become available as the earliest cohorts progress through the programmes.

The milestone comes as IIT Kharagpur marks its 75th year on 18 August 2026. As the institute’s first-ever online executive education portfolio, the collaboration signals a growing appetite among experienced professionals for structured, advanced AI education and highlights the increasing role of executive learning in preparing India’s technology workforce for the AI era.

About IIT Kharagpur

Indian Institute of Technology Kharagpur is one of India’s leading institutions for higher education, research, and innovation, recognised globally for nurturing industry-ready professionals and advancing impactful technological solutions. Established in 1951 and designated an Institute of National Importance, IIT Kharagpur has played a pioneering role in shaping India’s technical education ecosystem. The Institute was granted the status of “Institute of Eminence” by the Government of India in 2019 and consistently ranks among the country’s foremost institutions for academic excellence, interdisciplinary research, and innovation-driven development. With a diverse academic ecosystem comprising multiple departments, schools, centres of excellence, and specialised academies, IIT Kharagpur offers programs across engineering, science, architecture, management, law, humanities, and emerging interdisciplinary domains. The Institute supports a vibrant residential campus community and is actively engaged in numerous national and international research initiatives. Through its commitment to excellence in education, research, and societal impact, IIT Kharagpur continues to contribute to affordable technology innovations and solutions addressing national priorities and global challenges. More details at (https://www.iitkgp.ac.in/)

About upGrad

Started in 2015, upGrad — Asia’s leading integrated skilling and workforce development company, powering the complete learning cycle of individuals. It offers a range of online and hybrid skilling programs and certifications under its B2C portfolio and facilitates top Indian and global universities to offer their Diploma, Master’s, and Executive Doctorates, with all degrees awarded solely by the respective universities, supporting every career stage of individuals – from first job to boardroom. Additionally, selected programs are tailored for Enterprise clients under the corporate skilling division, along with other recruitment and staffing services. More details at (https://www.upgrad.com)

 

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Mach Travel Solutions Limited Featured Among ‘Leading SMEs of India’ in Dun & Bradstreet’s Business Enterprises of Tomorrow 2026

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NEW DELHI, Sept. 30, 2026 /PRNewswire/ — Mach Travel Solutions Limited (BSE: MACHLTD), a publicly listed technology-enabled travel solutions company in India, has been featured as one of the ‘Leading SMEs of India’ in Dun & Bradstreet India’s report titled ‘Business Enterprises of Tomorrow 2026’.

The recognition was announced with the release of the report on September 29, 2026, and marks an important milestone in the Company’s journey as it continues to strengthen its position in India’s travel and tourism industry.

Commenting on the recognition, Mr. Amit Bhatia, Chairman & Managing Director, Mach Travel Solutions Limited, said: 

“We are pleased to be featured among the ‘Leading SMEs of India’ in Dun & Bradstreet’s Business Enterprises of Tomorrow 2026. This recognition is encouraging for us as we continue to build and strengthen the organisation for its next phase of growth.

I would like to thank our clients, partners and entire team for their continued trust and contribution to our journey. Our focus remains on strengthening our capabilities and creating long-term value for all our stakeholders.”

The recognition reflects the progress made by the Company over the years and provides further encouragement as it continues to pursue its long-term strategic objectives across the travel solutions sector.

About Mach Travel Solutions Limited 

Mach Travel Solutions Limited (formerly Mach Conferences and Events Limited) is a publicly listed technology enabled travel solutions company listed on the Bombay Stock Exchange (BSE: MACHLTD). Incorporated in 2004, the Company provides technology-enabled end-to-end travel solutions across Corporate Travel, MICE, B2B, Leisure and Government & Institutional Projects.

The Company has a strong pan-India presence with offices in Noida, New Delhi, Kolkata, Mumbai, Bengaluru, Bhubaneswar and Ahmedabad, and is accredited by and associated with leading national and international travel associations, including IATA, GBTA, PATA, IATO, ADTOI, OTOAI, SKÅL International, JATA, ICPB, EGAC and NIMA. For more information, please visit https://www.machtravelsolutions.com. 

The Company is also developing its B2C Online Travel Agency platform, Machtravel.com, as part of its strategy to build a comprehensive travel ecosystem. Machtravel.com is currently in public beta and brings together Flights, Hotels, Holidays, MICE, Cruises and Visa services on a single digital platform.

Contact Details
Mach Travel Solutions Limited
Mrs. Swati Aggarwal
Company Secretary & Compliance Officer
Email: compliance@machtravel.com
Website: https://www.machtravelsolutions.com 

Safe Harbour

This release contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Mach Travel’s future business developments and economic performance. While these forward-looking statements indicate our assessment and future expectations concerning the development of our business, several risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance.

Mach Travel Solutions undertakes no obligation to publicly revise any forward-looking statements to reflect future/likely events or circumstances. 

 

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