Connect with us

Technology

Maybank Asset Management brings Tokenised Singapore Dollar Money Market Fund into Synthesys Network

Published

on

SINGAPORE, Oct. 1, 2026 /PRNewswire/ — Maybank Asset Management Singapore (“MAMS”) today announced that its tokenised share class of Maybank Money Market Fund, is now accessible through Synthesys Network, developed by Synthesys, a Singapore-headquartered tokenisation infrastructure provider, extending the fund’s reach to regulated distribution channels globally.

The tokenised share class of Maybank Money Market Fund was initially announced last October, as the first Singapore Dollar-denominated tokenised share class of money market fund, to introduce new use-cases to service on-chain liquidity with a AAA-rated sovereign currency. The fund aims to turn idle balances into productive ones, and extend on-chain cash management solutions, benefitting payment providers, platforms and brokers transacting in Singapore Dollars.

Tokenised money market funds have emerged as tokenisation’s breakout asset class, with assets under management more than doubling from an estimated US$4 billion in January 2025 to US$9 billion by December 2025. As the market develops, the next growth phase is non-US Dollar tokenised money market and government debt products, which is estimated to exceed US$1 billion, as treasurers and on-chain platforms pursue greater currency diversification.

Darien Poh, CEO, Synthesys said, “Tokenised yield initially started as a dollar story. As stablecoins and tokenised deposits move into multi-currency rails, the next stage is to introduce multi-currency assets for wider use-cases on-chain. With Synthesys Network enabling connectivity to global institutions, Maybank is introducing the ability on digital rails to diversify and hedge into Singapore Dollars.”

Hisham Hamzah, CEO of Maybank Asset Management Group said, “Tokenisation has the potential to reshape how investment products are distributed and accessed across global markets by offering a more seamless client experience. The partnership with Synthesys reflects our ongoing commitment to innovation in Singapore’s emerging digital asset ecosystem and supports the growing demand for investment-grade Singapore Dollar cash management solutions in digital markets.”

Synthesys Network is a connectivity and operational layer linking regulated distribution channels to institutional-grade tokenised products through a single integration, today reaching over 80 distribution channels globally, spanning banks, payment service providers, fintechs and financial institutions, with already-integrated channels gaining immediate access. Distribution of the fund through Synthesys Network will run via regulated intermediaries, with additional channels in the coming months, open to eligible investors under applicable laws.

###

About Maybank Asset Management Group

Maybank Asset Management Group Berhad (MAMG) is the asset management arm of Malayan Banking Berhad (Maybank). MAMG is one of the pioneers in the Malaysia asset management industry with a highly capable fund management team, averaging over 30 years of investment experience and expertise in ASEAN markets. It has presence across three ASEAN key markets namely, Malaysia, Singapore and Indonesia offering Asian-based investment solutions encompassing both conventional and Islamic assets. The portfolio management services cater to all types of investors, including corporate and institutions, high net-worth individuals and mass retail. MAMG has a strategic intent to enhance its investment capabilities with on-the-ground market intelligence and expertise as well as to expand its regional distribution capabilities to market products cross-border. MAMG’s AUM stands at RM42.7 billion as at end August 2026. (maybank-am.com)

Disclaimer: This document does not constitute (1) an offer to buy or sell or a solicitation of an offer to buy or sell any security or financial instrument mentioned in this document and (2) any investment advice or recommendation. Investors should seek financial or any relevant professional advice regarding the suitability of investing in any securities or investments based on their own particular circumstances before making any investments and not on the basis of any recommendation in this document. A copy of the prospectus or offering document is available and may be obtained from Maybank Asset Management Singapore Pte Ltd and its appointed distributors or our website (www.maybank-am.com.sg). Investors should read the prospectus/offering document (including risk warnings) before deciding to invest. This advertisement has not been reviewed by the Monetary Authority of Singapore.

About Synthesys

Synthesys is a financial market infrastructure company for tokenized funds and securities. Its flagship product, Synthesys Network, is an issuer-agnostic connectivity layer that gives regulated distribution channels such as banks, payment providers, fintechs and brokerages access to institutional-grade tokenized products through a single integration, with compliance and investor eligibility enforced at the network layer. Network today carries tokenized funds, offering yields in over ten currencies to over 80+ distribution channels globally. Alongside Network, Synthesys’ product suite enables traditional financial institutions to seamlessly build into the tokenized economy, including Synthesys Mint and Zodiac.

Learn more at synthesys.co.

Disclaimer: This communication is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or fund interest in any jurisdiction, nor investment, currency or hedging advice. Synthesys does not offer, sell or distribute securities. Products accessible via Synthesys Network are made available by regulated intermediaries acting within their own regulatory permissions, and availability is subject to investor eligibility and jurisdiction.

Contacts

Synthesys

Media Team

media@synthesys.co

Maybank Asset Management Group

Siti Zulaikha Shawaludin

zulaikha.shawaludin@maybank.com

 

View original content:https://www.prnewswire.com/apac/news-releases/maybank-asset-management-brings-tokenised-singapore-dollar-money-market-fund-into-synthesys-network-302894541.html

SOURCE Synthesys; Maybank Asset Management

Continue Reading

Technology

CometAPI Delivers Unified Access to Frontier AI Models to Empower Developers

Published

on

By

CometAPIis a platform that platform brings multimodal models and newly released frontier APIs into a single OpenAI-compatible interface

LOS ANGELES, Sept. 30, 2026 /PRNewswire/ — As artificial intelligence moves rapidly from experimentation into production, developers are facing a new infrastructure challenge: the number of available AI models is growing faster than the tools and workflows needed to manage them.

Instead of working with a single model provider, modern AI teams increasingly need access to multiple large language models, image generators, video models, audio systems and specialized AI services. Each provider can introduce different APIs, authentication methods, SDKs, pricing structures and technical requirements. For developers, keeping pace with the model market can therefore mean spending significant engineering resources on integration and maintenance rather than product development.

CometAPI is positioning itself as an infrastructure layer designed to address that fragmentation. The platform provides a unified, OpenAI-compatible API through which developers can access more than 500 AI models, using a single API key and interface. According to CometAPI, the platform currently serves more than 10,000 active developers and provides average response times of less than 400 milliseconds and a 99.9% service uptime target.

Building AI Infrastructure Around Developers

The idea behind CometAPI is rooted in a problem that has become increasingly familiar to AI developers: model innovation is accelerating, but the underlying process of accessing those models remains fragmented.

CometAPI CEO Lee Sonic has described the motivation behind the platform in similarly practical terms. In a public statement about the company’s origins, Sonic said that he started CometAPI after becoming frustrated with the multiple registrations, incompatible APIs, credit-card requirements and billing dashboards involved in testing different AI models.

“As a developer, I was exhausted from dealing with fragmented AI tools,” Sonic wrote when describing the origins of CometAPI.

His broader argument is that AI infrastructure should absorb this complexity rather than transfer it to application developers. In another public post, Sonic described CometAPI not simply as an API aggregator, but as an infrastructure layer designed to make AI development less dependent on individual model providers.

That philosophy is reflected in the platform’s technical architecture. Developers can use a single CometAPI credential to access models from multiple providers and switch models by changing the model parameter rather than rebuilding an application’s entire integration layer.

For teams developing AI-powered SaaS products, coding assistants, automation systems, research applications and multimodal products, the model-agnostic approach can provide a way to evaluate different models according to quality, latency, availability and cost without maintaining an entirely separate integration for every provider.

CometAPI’s public platform currently highlights more than 500 AI models, more than 10,000 active developers, average response times below 400 milliseconds and 99.9% service availability. The company also states that its pricing can provide ongoing savings of approximately 20% to 40% compared with official provider pricing, depending on the model and usage.

The underlying proposition is straightforward: as the number of AI models continues to increase, developers need infrastructure that can absorb model complexity rather than add another layer of it.

Frontier Models and Full Multimodal Coverage, Led by GPT-6 Astra

CometAPI prioritizes rapid integration of the industry’s most capable models. Notably, the platform recently added OpenAI’s GPT-6 Astra (On September 5, 2026) , a flagship reasoning and computer-use model featuring a 1.05-million-token context window and strong performance on complex coding, research, and agentic workflows. Developers can access GPT-6 Astra through the same unified key and dashboard used for all other supported models, at rates approximately 20% below official OpenAI standard pricing for both short- and long-context usage.

Beyond text and reasoning, CometAPI provides comprehensive multimodal support, including image generation, video generation (such as Kling and Veo series), audio transcription and synthesis, and specialized tools. This breadth allows teams to build end-to-end pipelines—combining language models with vision, video, and speech—under a single credential and consistent interface. This model diversity is particularly relevant as AI applications become less dependent on a single “best” model. Different tasks can require different trade-offs. A model optimized for reasoning may not be the most economical option for high-volume classification, while a specialized image or video model may be better suited to a creative workflow.

Independent developers and engineering leaders have echoed the practical benefits. Leonid Dolgirev, SDE-2 of Servicenow, stated: “As developers, we really enjoy communicating with the CometAPI support team, and we would not want to switch to alternative API services.” Kevin, CEO of Bytewatchers, added: “We sincerely appreciate the CometAPI team for the excellent API support, partnership, and assistance—your help has enabled the successful use of API keys in the Claude Code setup and provided valuable second opinions, making you a fantastic partner.” Daniel Schweig, a developer working with Kindle Direct Publishing workflows, noted the desire to consolidate LLM and image traffic onto the platform because of competitive pricing and unified access.

Faster Model Integration and Lower API Costs

The speed of AI model releases is creating a new requirement for infrastructure providers: keeping up with the frontier.

For developers, a model announcement is only the beginning. The next steps are accessing the API, testing performance, evaluating costs, comparing results with existing models and determining whether the new capability can improve a production workflow.

CometAPI has built its product roadmap around this continuous integration cycle. 

Cost is another part of the equation.

CometAPI currently promotes **20% to 40% ongoing cost savings** compared with official model pricing, with a pay-as-you-go model and no monthly subscription requirement. The company says its pricing advantage comes in part from its ability to aggregate large-scale model usage and pass pricing efficiencies to developers.

The distinction becomes increasingly important as AI moves into production. A model that costs only a few cents per interaction at prototype scale can represent a substantial operating expense when multiplied across millions of API calls. For AI agents, automated workflows and high-volume SaaS products, the ability to compare models and optimize the balance between performance and cost can become an important part of infrastructure management.

CometAPI therefore combines three elements within a single platform: access to a growing range of frontier and multimodal models, a common API layer for integration, and pricing designed to reduce the cost of model usage.

Users highly value the CometAPI platform, likely because it genuinely offers them greater convenience.

Neha Jain, a Senior ML Engineer at PayPal and former Microsoft SDE, said, “CometAPI aims to make models available as quickly as possible—ideally on day one—once stable access is ready. So, instead of the workflow: **new model → find a provider → set everything up → start testing**, the process becomes much closer to: **new model → change the model name → start testing**.” Kriti Jaiswal, an SDE-2 at ServiceNow, notes: “CometAPI places multiple models behind a single OpenAI-compatible API, making it easier to test routing strategies without the need to maintain separate integrations.”

About CometAPI

CometAPI is an AI infrastructure platform designed to provide reliable, controllable and scalable access to multiple AI models through a unified API layer. The platform provides developers and businesses with access to more than 500 AI models through a single API and credential, covering language, image, video and audio use cases. CometAPI is designed to reduce integration complexity, support flexible model selection and provide transparent cost and usage management for AI applications in production environments.

Media Contact

CometAPI
Email: support@cometapi.com
Official site: View here

View original content:https://www.prnewswire.com/news-releases/cometapi-delivers-unified-access-to-frontier-ai-models-to-empower-developers-302894529.html

SOURCE CometAPI

Continue Reading

Technology

Saber Healthcare Data Breach Investigation: Edelson Lechtzin LLP Probes Class Action Claims After Patient Data Is Exposed

Published

on

By

National class action law firm offers free, confidential case evaluations to Saber Healthcare residents, patients, employees, and others whose personal information may have been exposed.

BEACHWOOD, Ohio, Sept. 30, 2026 /PRNewswire/ — Edelson Lechtzin LLP, a national class action law firm, is investigating data privacy claims arising from a reported data breach at Saber Healthcare, an Ohio-based senior care provider. Anyone who received a breach notice, or who believes their information may have been exposed, can request a free case evaluation.

What Happened

Saber Healthcare — a Beachwood, Ohio provider of skilled nursing, long-term care, rehabilitation, assisted living, and memory care, with communities in five states — discovered unauthorized activity in its computer systems on July 27, 2026. The company reportedly secured its network and engaged a third-party forensic expert. That review confirmed that an unauthorized individual may have accessed personal information, and Saber Healthcare completed its assessment of the affected data on August 19, 2026. It posted notice to its website on or about September 25, 2026, and notified state regulators, including the South Carolina, Texas, and Vermont Attorneys General.

The company has reported at least 3,025 affected residents in South Carolina, 269 in Texas, and 25 in Vermont, with additional individuals affected nationwide. The full scope of the incident has not been publicly confirmed.

What Personal Information May Be at Risk

Based on public accounts and regulatory filings, the information involved varied by individual and may include:

Names and dates of birthSocial Security numbersDriver’s license, state ID, passport, and other government identification numbersHealth insurance information, medical records, and other medical informationFinancial account information, including credit and debit account informationBiometric information

Healthcare providers hold some of the most sensitive data a person has. Exposure of Social Security numbers, government identification, financial accounts, and protected health information heightens the risk of identity theft, medical identity theft, insurance fraud, and other misuse. Treat any breach notification seriously.

Who May Be Affected

The investigation focuses on Saber Healthcare residents, patients, current and former employees, and others whose personal information the company maintained. Anyone who received a notification connected to this incident may face an increased risk of identity theft and fraud.

Your Legal Options

Edelson Lechtzin LLP is investigating a potential class action on behalf of individuals whose data may have been compromised. A successful case could recover compensation for losses such as lost time, out-of-pocket costs, and loss of privacy, and could press Saber Healthcare to strengthen its data protection. The firm evaluates rights and potential claims at no cost.

Recommended Steps to Protect Yourself

Monitor your account statements, credit reports, and health insurance statements for suspicious activity.Confirm whether your information was involved in the incident and preserve any breach notices you received.If credit monitoring was offered, enroll before the deadline, and consider a fraud alert or security freeze with the three major credit bureaus.

Contact Us for a Free Case Evaluation

Speak confidentially with a data privacy attorney: Marc Edelson, Esq., Edelson Lechtzin LLP, 411 S. State Street, Suite N-300, Newtown, PA 18940; Phone: 844-696-7492; Email: medelson@edelson-law.com; or click HERE to request a free consultation.

About Edelson Lechtzin LLP

Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. Beyond data breach litigation, the firm handles class and collective actions involving securities and investment fraud, antitrust violations, ERISA benefit plans, wage theft, and consumer fraud.

Media and Partnership Inquiries: Use the contact information above regarding interviews, co-counsel opportunities, and referral partnerships.

Legal Notice: This press release may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee a similar outcome. The reported data breach and certain details concerning it remain unconfirmed.

View original content to download multimedia:https://www.prnewswire.com/news-releases/saber-healthcare-data-breach-investigation-edelson-lechtzin-llp-probes-class-action-claims-after-patient-data-is-exposed-302895151.html

SOURCE Edelson Lechtzin LLP

Continue Reading

Technology

bolttech and Bold Penguin enter global strategic partnership

Published

on

By

Recognized insurtech leaders to develop joint commercial and personal lines offering, serving agents, insurers and embedded partnerships with a seamless digital experience

LAS VEGAS, Oct. 1, 2026 /PRNewswire/ — Today, award-winning AI-enabled insurance distribution platforms Bold Penguin and bolttech announce a global strategic partnership to create a joint commercial and personal lines offering for agents, insurers and embedded partnerships in the U.S., Europe and Asia. bolttech is a leading global insurtech operating in 39 countries and four continents, focused on innovative and AI-led insurance distribution. Bold Penguin focuses exclusively on commercial lines and operates the premiere distribution network and digital exchange with its advanced technology, innovative partnerships, and digital & AI solutions.

The global collaboration will support customers across personal and commercial lines distribution by bringing together complementary capabilities into a unified offering. Joining forces will leverage and accelerate both companies’ roadmaps, allowing each to deepen focus on their strengths while enabling customers to take full advantage of the connections and capabilities of the combined platforms.

Bold Penguin provides a commercial lines digital exchange, data & AI services through “DeX ai”, and an integrated commercial carrier network.bolttech provides access to insurance and protection services across commercial and personal lines, AI-enabled workflows, and global insurance distribution expertise.

Both companies bring unrivaled scale, expertise, innovation and R&D capabilities to the partnership. 

Rob Schimek, Group Chief Executive Officer, bolttech said: “Bold Penguin is the leading commercial insurance distribution platform. Their submission automation, AI-powered underwriting workflows and commercial orchestration platform complement our technology capabilities, personal lines expertise, and insurance ecosystem globally. Together, we can deliver a more seamless, connected insurance experience for distribution partners and customers around the world.”

Peter B Settel, President and CEO, Bold Penguin said: “We have great awareness and respect for bolttech’s mission to address the global protection gap. The work Rob and team have done leading in embedded distribution and building the most globally scaled insurtech make them the perfect partner for us to join with and offer our shared customers truly unique options and solutions. While we expand globally, we will also now offer Bold Penguin’s US customers bolt’s personal lines solutions through a single interface.”

– Ends –

About Bold Penguin

Bold Penguin is a leading integrated digital solution platform dedicated to simplifying commercial insurance. Our technology makes the quote and bind process quick, effortless, and profitable for all parties – agents, brokers, and carriers. Bold Penguin’s innovative product suite has digitized and transformed a slow, manual process resulting in reduced costs, increased efficiency, and better overall outcomes. 

For more information, please contact us or visit www.boldpenguin.com

About bolttech

bolttech is a global insurtech with a mission to build the world’s leading, technology-enabled ecosystem for protection and insurance. bolttech serves customers in 39 markets across Asia, Europe, North America, and Africa.

With a full suite of digital and data-driven capabilities, bolttech powers connections between insurers, distributors, and customers to make it easier and more efficient to buy and sell insurance and protection products.

For more information, please visit www.bolttech.io.

For more information about bolttech in North America (bolt), visit https://boltinc.com/ 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/bolttech-and-bold-penguin-enter-global-strategic-partnership-302895154.html

Continue Reading

Trending