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Taiwan’s Fintech Shines in Singapore! FinTechSpace Once Again Leads a Delegation to 2024 Singapore FinTech Festival

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TAIPEI, Oct. 31, 2024 /PRNewswire/ — To enhance the integration of Taiwan’s fintech industry with international markets, guided by the Financial Supervisory Commission (FSC) and organized by the Taiwan Financial Services Roundtable (TFSR), FinTechSpace, Taiwan’s first one-stop fintech innovation accelerator, is leading a Taiwan fintech delegation to the largest fintech event in the world – Singapore FinTech Festival for the sixth consecutive year. The delegation this year is particularly noteworthy, featuring 11 selected fintech companies and 11 financial institutions, totaling nearly 70 representatives. FinTechSpace will hold a “Meet Taiwan FinTech Ecosystem” event for our delegation to showcase Taiwan’s innovative capabilities and invite experts from Japan and Bahrain to exchange in Taiwan Pavilion.

Highlighting Diverse Competitive Advantages and Fostering Opportunities for International Collaboration

In response to global fintech trends, the Taiwan Pavilion (Booth No. 5K23) will focus on AI technology applications and fraud prevention this year. 11 Taiwanese fintech companies from various sectors will showcase their innovative technologies and solutions in a rotating format, organized into five categories and three major international presentations. This approach aims to create business opportunities and accelerate alignment with the global market. (Registration link:https://tally.so/r/wb8jpL )。The categories include:

RegTech: Authme Co., Ltd., HiTRUST Inc., ThinkCloud Technology Co., Ltd., and TOPPAN IDGATE Co., Ltd.InsurTech: Lydia AI and YunTan TechnologyWealth Management: Alpha Fintech and TradingValleyEnterprise Solutions: LIGHT MOMENTUM TECHNOLOGY CORP. and OneDegree GlobalIntegration Platform: On-us Co., Ltd.

FinTechSpace is committed to advancing Taiwan’s fintech industry and strengthening global connections. So far FinTechSpace has signed Memorandums of Understanding (MOUs) with 16 fintech institutions across 12 countries. At the exhibition this year, FinTechSpace will hold two international exchanges events with Japan and Bahrain, supporting Taiwanese fintech companies in expanding into Southeast Asian and Middle Eastern markets and fostering deeper international collaboration.

Taiwan-Japan International Panel: Current Applications of Fintech and Future Prospects (11/7): Hosted by Takeshi Kito, co-founder and CEO of Elevandi Japan, this panel features representatives from major Taiwanese financial institutions, including Cathay United Bank, Hua Nan Commercial Bank, and KGI Financial Holding. The discussion will cover opportunities and challenges in entering Taiwan market and collaborating with Taiwanese financial institutions.Explore Middle East: New Opportunities & Markets (11/8): Fatima Almubbad, Heading Bahrain Economic Development Board (Singapore and Southeast Asia), will share the latest fintech trends in Bahrain. This session will offer real-time dialogue opportunities to explore potential avenues for Taiwanese companies to enter the Middle Eastern digital finance network.

Taiwan not only possesses mature R&D capabilities and government policy support but also serves as a significant hub for international companies entering the Asia-Pacific market. We look forward to attracting more global companies and innovative solutions to Taiwan, working together to explore future business opportunities and foster innovation in Taiwan’s fintech industry.

About FinTechSpace
Established under the guidance of the Financial Supervisory Commission of Taiwan (FSC) and supported by the Taiwan Financial Services Roundtable, FinTechSpace was funded in 2018. Standing as a fintech hub, FinTechSpace has created a physical space and provided comprehensive support that brings together the entire fintech community, and acts as a vital link between Taiwan’s fintech industry and the global market. For the latest updates and information, please refer to the FTS website link: https://www.fintechspace.com.tw/en

2024 Taiwan Pavilion List

Regtech

Authme: Authme is a leader in digital identity security, offering AI-powered solutions with advanced features like OCR, NFC chip reading, anti-forgery detection, and Face Recognition with Liveness Detection. Our Zero Trust Architecture integrates MFA and SSO for seamless access.HiTRUST: HiTRUST safeguard digital finance by advanced technology and services. It’s Veri-id’s leverages AI and device insight to detect online fraud, while VeriFIDO offers seamless passwordless authentication, making verification faster and more reliable.ThinkCloud Technology: As a leading cloud service provider in Taiwan, ThinkCloud Technology offers legally binding solutions such as SelfieSign, a video-based e-signature solution, and Face OTP, which adds up to three layers of security to one-time passwords, safeguarding transactions.TOPPAN IDGATE: TOPPAN IDGATE is a software company specializing in bank-grade security and robust authentication solutions. With extensive experience in the financial industry, we offer compliant digital identity verification solutions, including iDenFace, SoftToken, and MFA authentication.

Insurtech

Lydia AI: Lydia AI provides embedded financial solutions and digital health experiences through its risk scoring engine, optimizing insurance sales and underwriting processes. By integrating customer service and digital payments, it builds a health ecosystem. Utilizing external data for dynamic risk predictions, the company drives customer segmentation, product recommendations, and financial product innovation.YunTan Technology: YunTan Tech is a leading Fintech and Insurtech company in Taiwan, providing Ads and SaaS technology services to insurance companies. Its platform, e-Insure, is the largest online compliant insurance platform in Taiwan. It connects with over 10 domestic insurance companies and serves more than 240,000 insurance consumers.

Wealth Management

Alpha Fintech: Alpha Fintech is a leading wealth management tech firm, specializing in AI-driven robo-advisory. With patented innovations and cybersecurity certifications, Alpha integrates big data, AI, and machine learning to automate investment decisions, ensuring steady asset growth for clients.TradingValley: TradingValley is the first fintech company in Taiwan to combine AI and quantitative models, focusing on wealth management services. Its offerings include a B2C investment service, Growin, and an AI stock-mining tool.

Enterprise Solutions

Light Momentum Technology: Light Momentum Technology is transforming financial trading with advanced FPGA technology, combining Taiwan’s semiconductor and FinTech expertise. LMTech’s ultra-low latency FPGA chips and AI-driven applications significantly improve trading speed, achieving nanosecond-level execution to reduce slippage and price volatility.OneDegree Global: OneDegree Global has pioneered various innovative solutions in the fields of insurance, cybersecurity, and Web3. These include the modern insurance core system, IXT; the comprehensive cybersecurity assessment service, Cymetrics; and the Web3 risk intelligence and alerts platform, MAMORI.

Integration

On-us: On-us is a global B2B2C personalized e-voucher incentive platform leveraging FinTech and behavioral AI to enhance consumer engagement and unlock maximum value for all in our ecosystem. Through omni-channel APIs and data-driven campaigns, we help businesses to deepen customer relationships while maximizing ROI.

View original content:https://www.prnewswire.com/apac/news-releases/taiwans-fintech-shines-in-singapore-fintechspace-once-again-leads-a-delegation-to-2024-singapore-fintech-festival-302292499.html

SOURCE FinTechSpace

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AI-Powered Connectivity: APAC Charts a Path to a Smarter Digital Future

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Asia-Pacific’s first Broadband Development Summit brings regulators and operators to Bangkok to set the agenda

BANGKOK, July 19, 2026 /PRNewswire/ — Government officials, standards bodies and telecom operators gathered in Bangkok on 14 July for the inaugural Broadband Development Summit APAC 2026, convened by the World Broadband Association (WBBA) to build consensus on AI-era networks.

Participants included the ITU, Thailand’s National Board of the Digital Economy and Society, WBBA, IAB, FNCAP, WAA, NIDA and the IPv6 Council, alongside operators Telkomsel, XLSmart, Surge, Globe, AIS, CMI and HKT and Huawei.

Denny Deng, President of Huawei Asia Pacific Carrier Business, envisions a “faster, smarter, greener” Asia-Pacific.

VOICES FROM THE SUMMIT

“To seize the opportunities of the AI era, we call on the industry to accelerate broadband evolution, advance computing-network synergy, and strengthen the cross-border connectivity. Together, let us build faster, smarter, and greener digital infrastructure for Asia-Pacific.”
— Denny Deng, President of Asia Pacific Carrier Business, Huawei

“High-speed broadband is no longer just about ‘getting online’ — it is the vital infrastructure upon which the entire AI revolution is being built. We view AI not merely as a tool, but as a primary engine for national competitiveness and a catalyst for improving the quality of life for all.”
— Wetang Phuangsup, Ph.D., Secretary-General, the National Board of the Digital Economy and Society, Thailand

“Three initiatives define the road to 2030. We must close the quality divide so the value of broadband reaches everyone. We must build AI-ready networks — 10G access, 800GE cores, intelligence end to end. And we must do it together, through shared standards.”
— Martin Creaner, Director General of WBBA

“Moving towards next-generation networks, network architectures must continue to evolve to deliver broader connectivity, superior quality, enhanced security, and greater intelligence. This evolution is essential for Net5.5G, positioning the network not simply as infrastructure, but as the foundation that enables AI, strengthens resilience and efficiency, and supports digital transformation across industries.”
— Dhruv Dhody, Industry Standardization Expert at Huawei, Chair of the IAB, IETF

“Across Asia-Pacific, fibre is extending beyond homes and offices into rooms, devices, and machines. By working together, we can accelerate fibre innovation and adoption to build truly AI-ready infrastructure.”
— Ilham Nandana, Chair of the Market Intelligence Committee, Fiber Network Council APAC (FNCAP)

“We fixed it before you feel it!  AIS is redefining premium home broadband by combining ultra-fast connectivity with AI-driven network intelligence and smart home ecosystem — delivering proactive, invisible service excellence that transforms connectivity into differentiated customer value and sustainable ARPU growth.”
— Thanit Chaiyaboonthanit, Head of Technology Department, Broadband Business, AIS

“Connecting the Unconnected: Affordable Broadband at Scale. Create equal access to global information and empower Indonesia’s digital society.”
— Shannedy Ong, CTO of Surge Indonesia

“Beyond Connectivity: Telkomsel is transforming into a true value creator. By leveraging our FBB market-leading footprint, we power growth through service excellence, customer loyalty, and a next-generation home ecosystem.”
— Stanislaus Susatyo, Director of Sales, Telkomsel Indonesia

“We stopped treating AI as an add-on feature. Instead, our approach at Globe starts with architecture, embedding intelligence into the very core of how we build, how we sell, and how we operate.
AI continuously monitors network health, customer behavior and service quality. Rather than waiting for failures, the system predicts degradation and initiates corrective actions. By maintaining minute-level awareness of network health, our systems automatically resolve 30% of all Wi-Fi issues without any human intervention.”
— Danny Theseira, Head of Broadband Business Group at Globe Telecom

“Huawei is driving the Optics-AI Synergy to foster their collaborative growth. Through AI-ON, operators could build an AI-centric all-optical target network and establish 1-5-20ms latency circles across the Asia Pacific region. AI-ON also supports efficient computing access and usage while delivering an ultimate network experience through gigabit/ultra-gigabit home broadband, accelerating the widespread adoption of AI services.”
— Kim Jin, Vice President & Chief Marketing Officer Optical Business Product Line, Huawei

“Connectivity is not just about technology. It is a lifeline, a platform for opportunity, and a driver of sustainable development. I believe the intersection of connectivity and artificial intelligence will shape the future of smarter, more resilient networks.”
— Dr. Cosmas Zavazava, Director of the Telecommunication Development Bureau, ITU

“Performance and user experience are the essential path to the next-generation WLAN. Based on standards and AI-driven innovation, let’s jointly explore the path to the future autonomous WLAN with all the stakeholders.”
— Dr. Crane H. Yang, Secretary-General, World WLAN Application Alliance (WAA)

“At the summit, NIDA and WBBA signed an MOU to accelerate next-generation network evolution and establish pioneering smart city benchmarks through the co-development of industry standards, the harmonization of global regulations, and the sharing of vertical industry insights.
NIDA focuses on advancing network architecture standards, while WBBA drives global consensus on broadband evolution. This natural strategic complementarity creates vast opportunities for future collaboration.”
— Joey Deng, Secretary-General of NIDA

“ION-2030 develops the global standard for next generation optical networks in the AI era. It provides exceptional AI application and service experience. The WBBA and ITU will jointly accelerate its development, and this is a unique opportunity for Asia-Pacific stakeholders to actively influence the future of optical broadband networks.”
— Dr. Marcus Brunner, Chief Expert Standardization, WBBA WG1 Chair and Vice-Chair of ETSI ISG F5G

“The transition into the AI era demands a high-quality, deterministic digital foundation. By releasing Net5.5G policy guidelines, Malaysia is accelerating the evolution of next-generation network standards based on IPv6, establishing an innovative infrastructure to unleash AI’s value and drive a prosperous digital economy for 2030.”
— Prof. Sureswaran Ramadass, Chair of APAC at IPv6 Council, Industry Partner of WBBA

“The digital economy is thriving across the Asia-Pacific region, with AI emerging as a core catalyst for intelligent transformation. China Mobile International (CMI) is driving regional growth by integrating China’s advanced AI capabilities with comprehensive communications, computing, and AI services. Moving forward, CMI will collaborate closely with industry partners to foster a shared, AI-driven future for the region.”
— Paul Lin, Managing Director of Commercial and Technology, Asia Pacific, China Mobile International

“Next-generation network infrastructure is the oxygen of the intelligent economy. By integrating cutting-edge 800G connectivity with quantum-safe security, HKT is laying the essential foundations to keep Hong Kong’s enterprises highly competitive, secure, and ready for the computing paradigm shifts of tomorrow.”
— Wilson Cheung, Vice President, Broadband Design & Cyber Security, HKT

“The evolution toward Net5.5G AI WAN is an important step in strengthening XLSMART’s transport network for the future. By progressively adopting AI-assisted operations, SRv6, SDN, service differentiation, and higher-capacity transport infrastructure, we are enhancing network intelligence, operational efficiency, and service resilience while supporting long-term sustainability. This transformation is a continuous journey that aligns with the industry’s vision of AI-native broadband networks. Through collaboration with our technology partners and the broader ecosystem, we will continue to develop capabilities that deliver better network performance and support Indonesia’s growing digital connectivity needs.”
— Regie Ginanjar, Head of Transport Autonomy & Orchestration, Transport Network Transformation, XLSMART

“For the AI era, Huawei upgrades the IP bearer network via security resilience, multi-dimensional awareness, and network autonomy. This empowers carriers to guarantee service experience, accelerate monetization, and enhance efficiency, ushering in a new chapter of intelligent connectivity.”
— Arthur Wang, Vice President of Data Communication Product Line, Huawei

A CONVERGING VIEW

Speakers agreed AI is shifting networks from connectivity to intelligent connectivity, as broadband, IP, computing and cross-border infrastructure converge to support innovation and coordination.

WBBA launched the AI-Net Certification, a global benchmark for national policy, industrial ecosystems and network intelligence. XLSmart was named first AI-Net Champion, and Indonesia was among the first with a certified operator, backed by its Net5.5G roadmap.

In another high-profile segment, WBBA Director General Martin Creaner presented the Gigacity Certification to KOMDIGI, SURGE, Telkomsel, AIS, TRUE, HKT and Globe, recognizing regional broadband pioneers.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/ai-powered-connectivity-apac-charts-a-path-to-a-smarter-digital-future-302829032.html

SOURCE HUAWEI

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Laifen Expands U.S. Retail Footprint with Costco Launch of Best-Selling SE Hair Dryer

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Starting July 18, Costco Members Can Shop Laifen’s Award-Winning Hair Dryer in Select Warehouse Locations Across the U.S.

NEW YORK, July 18, 2026 /PRNewswire/ — Laifen, ranked the world’s No.1 high-speed hair dryer brand, today announced the launch of its best-selling SE High-Speed Hair Dryer at select Costco warehouse locations, marking the brand’s largest U.S. retail expansion to date and bringing its award-winning haircare technology to Costco members across select U.S. markets.

The launch brings Laifen’s award-winning haircare technology to Costco, making it easier for consumers to experience the brand through one of the nation’s leading membership retailers. Laifen joins Costco’s growing portfolio of premium beauty and personal care brands. The initial rollout includes select Costco warehouse locations across the United States, with a strong presence across the Western U.S., including California, the Pacific Northwest and the Southwest.

Costco’s reputation for quality and its highly selective merchandising approach make this partnership especially meaningful. The Costco launch reflects Laifen’s continued expansion beyond direct-to-consumer channels as the brand accelerates its U.S. omnichannel retail strategy. “Costco represents an important milestone in our U.S. retail strategy,” said Romeo, General Manager of International Business of Laifen. “As more consumers seek salon-quality performance at an accessible price, we’re excited to make Laifen available through one of America’s most trusted retailers.”

Engineered to deliver professional-level performance in a sleek, lightweight design, the Laifen SE is powered by the brand’s proprietary high-speed brushless motor, delivering fast drying, reduced heat damage and smoother styling. An intelligent temperature control system continuously monitors airflow to help minimize frizz while protecting hair from excessive heat.

The Costco launch represents the next phase of Laifen’s U.S. retail expansion as the brand continues to grow beyond its direct-to-consumer and online channels. By expanding into one of the nation’s most trusted retailers, Laifen aims to broaden access to its category-disrupting haircare solutions while advancing its mission to bring more thoughtful design and everyday excellence into more homes.

The Laifen SE High-Speed Hair Dryer in White will be available at select Costco locations, while Costco.com shoppers will have access to additional color options including Purple and Pink, alongside the White model.

For more information on Laifen, please visit LaifenTech.com.

About Laifen: 

Founded in 2019, Laifen is a global personal care technology brand combining high-performance engineering with modern design across hair care, oral care, and grooming categories. Ranked the world’s No. 1 high-speed hair dryer brand by Euromonitor International, Laifen first gained recognition for its self-developed 110,000 RPM high-speed brushless motor, the proprietary technology behind its award-winning hair dryers.

Building on this innovation, Laifen has expanded its portfolio to include electric toothbrushes and shavers, delivering premium technology and elevated everyday experiences to consumers worldwide. Today, Laifen products and accessories are used by over 22 million households across more than 60 countries, supported by more than 600 patents and recognized with over 50 international design and innovation awards. Driven by continuous technological breakthroughs, Laifen is committed to making cutting-edge personal care technology more accessible to consumers around the world.

View original content to download multimedia:https://www.prnewswire.com/news-releases/laifen-expands-us-retail-footprint-with-costco-launch-of-best-selling-se-hair-dryer-302828573.html

SOURCE Laifen

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Pillsbury Notice of Data Breach

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NEW YORK, July 18, 2026 /PRNewswire/ — Pillsbury Winthrop Shaw Pittman LLP (“Pillsbury”) was among many law firms targeted by sophisticated social engineering attempts in an incident last year. While the firm quickly detected and blocked the activity, an unauthorized actor was able to access some of the firm’s documents during a short window of time. Pillsbury notified any impacted clients last year and undertook a detailed process to review the accessed documents for personal information. Pillsbury then began notifying individuals whose personal information was affected. That process is now complete, and today, Pillsbury is publishing substitute notice as a final step.

For more information, please visit the substitute notice on our website at https://www.pillsburylaw.com/en/breach-notice.html

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SOURCE Pillsbury Winthrop Shaw Pittman LLP

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