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BUYING SQUARE Launches Global Service for ‘Catalog Shop,’ Its Brand Wholesale Platform

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SEOUL, South Korea, Feb. 14, 2025 /PRNewswire/ — BUYING SQUARE, a next-generation digital wholesale platform, has announced the global launch of Catalog Shop, a B2B solution designed to streamline wholesale transactions for brands worldwide. Built on standardized digital product catalogs, Catalog Shop allows global retailers to set their preferred language and currency, explore products with an intuitive interface, and place wholesale orders instantly. Through the platform, buyers can seamlessly access diverse collections spanning fashion, beauty, sports, golf, furniture, and art, facilitating cross-border transactions with ease.

Over the past five years, the company has strengthened its presence in the Asian fashion wholesale digital market, working with top-tier global retailers and distribution partners. With KRW 140 billion (approximately USD 97M) in cumulative transactions, the platform offers a meticulously curated selection of wholesale brands—from luxury houses like GUCCI, PRADA, BOTTEGA VENETA, CELINE, and DIOR to rising independent labels such as JACQUEMUS, OUR LEGACY, ARC’TERYX, PORTER, KAPITAL, and SATISFY RUNNING. Its verified distribution history and extensive wholesale expertise have set it apart in the industry.

Recently, BUYING SQUARE has signed global Official Wholesale Partner agreements with leading K-fashion brands such as ORR, CODEGRAPHY, ULKIN, BETTY BOOP, ANOETIC, LETERIE, and ENZO BLUES, actively supporting their international expansion. Additionally, 15 emerging K-brands are in discussions to join Catalog Shop within the first half of the year. By broadening its brand portfolio across contemporary, sports, outdoor, and kids’ categories, the company aims to solidify its position as the No.1 B2B wholesale platform for K-fashion brands in Asia.

To enhance buyer confidence and ensure a seamless wholesale experience, the company has introduced a dedicated digital showroom for K-brands within its platform. This allows buyers to explore new collections each season, review styles and pricing, and place orders with confidence. Furthermore, by partnering with the Seoul Business Agency (SBA), the platform is actively scouting and supporting promising K-fashion and K-beauty brands for global distribution. With its headquarters strategically located in Seoul, the company facilitates brand-buyer communication and offers tailored sourcing solutions based on individual buyer needs.

BUYING SQUARE CEO Evan Choi stated, “With Catalog Shop, brands and retailers can maximize operational efficiency by utilizing its intuitive interface for seamless product ordering and payment, automated Order Rule verification, and integrated multi-shipment management. From promising K-brands to globally recognized fashion labels, BUYING SQUARE offers a dynamic digital wholesale marketplace with over 3,300 curated brands. Start your wholesale journey with us today.”

About BUYING SQUARE

BUYING SQUARE is a leading B2B digital wholesale platform solving inefficiencies in traditional wholesale transactions through Catalog Shop. The platform transforms unstructured wholesale product data—including Excel sheets, PDFs, and images—into standardized digital catalogs using proprietary AI technology. Designed to make B2B wholesale transactions as seamless as B2C e-commerce, Catalog Shop enables global buyers to browse, select their preferred language and currency, and place wholesale orders instantly.

Within just one year of its launch, the platform recorded KRW 8 billion (approximately USD 5.5M) in transactions, and by 2024, cumulative transaction volume surpassed KRW 140 billion (approximately USD 97M). In October 2024, it became the first South Korean B2B wholesale platform to open a 4,270-square-foot showroom in Williamsburg, Brooklyn, New York, showcasing curated exhibitions and runway events to expand global market access for K-brands.

Headquartered in Seoul, the company also operates offices in New York, Shanghai, Tokyo, and Kowloon.

Website: official.buying-square.com/en

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Beyondsoft Showcases Financial AI Solutions for Southeast Asian Markets at Hong Kong FinTech Week 2026

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Company presents financial technology platforms and shares experience in adapting solutions for Southeast Asian markets

HONG KONG, Nov. 3, 2026 /PRNewswire/ — Beyondsoft showcased its financial AI and digital solutions at Hong Kong FinTech Week x StartmeupHK 2026, where the company also shared its experience of adapting fintech capabilities developed in China to the needs of Southeast Asian markets.

The company presented its AI agent platform, mobile application development platform and enterprise digital currency payment collection system. Its team met with financial institutions, technology companies and industry organisations to discuss AI applications, implementation challenges and opportunities for collaboration across the region.

AI and Digital Solutions for Financial Services

Beyondsoft’s AI agent platform combines large language models with industry knowledge bases to support risk management, oversight of funds, automated regulatory reporting and targeted customer engagement. The platform is designed to bring AI into financial workflows and help institutions explore end-to-end automation of core business processes.

Built on Beyondsoft’s proprietary technology, the mobile application development platform supports financial apps across multiple device environments and enables faster updates, helping teams improve development and delivery efficiency.

The enterprise digital currency payment collection system provides payment collection services for financial institutions and corporate clients through a customised software-as-a-service model.

Conversations at the exhibition focused on where financial AI agents could be most useful, how to implement them and how to assess their business value. The team also discussed potential partnerships in mobile financial services and digital payments.

Adapting China’s Fintech Experience to Southeast Asian Markets

As part of the event, Ariel Lin, who leads Beyondsoft’s Innovation Lab and AI Practice, delivered a presentation on adapting China’s financial AI capabilities to Southeast Asian markets.

Drawing on China’s experience in core banking, AI-powered lending at scale and generative AI in production, Lin emphasised that international expansion requires more than exporting products. Technical expertise, experienced people and proven delivery practices are equally important.

Customer expectations, operations and infrastructure vary across Southeast Asia. Technology providers need to adapt their solutions to each market and work with local teams to build the skills needed to maintain and develop them. Technology transfer and knowledge sharing can help local businesses build these capabilities over time.

Addressing Local Regulatory Requirements

The presentation also examined differences in regulatory requirements across Southeast Asia, with examples from Singapore, Malaysia, Indonesia and Thailand. Topics included data protection, biometric identity verification, the fairness and explainability of AI-assisted decisions, and financial data sharing.

For cross-border projects, these requirements need to be considered from the outset. Data use must comply with applicable purpose limitations and consent requirements. Biometric applications require attention to liveness detection and accuracy, while AI-assisted decisions need to address fairness and explainability. Financial data sharing must also comply with local banking secrecy and credit information requirements.

Lin emphasised that compliance needs to be built into solution design and implementation to help financial institutions manage the risks of deploying AI across markets.

Experience in Cross-Border Delivery

Beyondsoft’s work for the overseas branches of a Chinese global bank illustrated the demands of cross-border technology delivery. The projects covered personal and corporate mobile banking, credit card applications, mobile workplace tools and mobile learning platforms.

The work required experience in financial systems development, coordination across platforms and complex project delivery. For institutions operating across borders, individual applications also need to work together, support business continuity and meet regional requirements.

With its International Headquarters in Singapore, Beyondsoft continues to connect technology expertise from China with business needs in Southeast Asia. Drawing on its financial technology experience and global service network, the company will explore AI applications and service models suited to regional markets, working with industry partners to bring AI into financial business processes.

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About Beyondsoft

Beyondsoft is a global technology services and solutions company helping organisations accelerate digital transformation and turn technology into business value. With more than 30 years of experience and a global talent network of nearly 30,000 professionals, Beyondsoft delivers capabilities spanning AI and data intelligence, cloud and infrastructure, digital platforms, enterprise applications, managed services and localisation capabilities.

With its International Headquarters in Singapore, Beyondsoft supports organisations across Southeast Asia and beyond, combining global technology expertise with local market delivery capabilities. Through its ecosystem of technology partners and industry solutions, Beyondsoft works with organisations of all sizes to adopt emerging technologies, improve operational efficiency and drive sustainable growth.

www.beyondsoft.com

 

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Notice of Data Event

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EAST LONGMEADOW, Mass., Nov. 2, 2026 /PRNewswire/ — Magnolia Management Company, LLC (“Magnolia”) is providing notice of a recent data privacy event that may have affected limited protected health information for certain individuals. On April 3, 2026, Magnolia became aware of unauthorized activity in one employee email account. Upon discovery, Magnolia took immediate action to secure its email environment and investigate the scope of the event, including hiring a third-party forensic investigation firm. Following a thorough review, Magnolia confirmed that a limited amount of information may have been accessed by an unauthorized individual. Magnolia undertook a comprehensive review of the impacted data to identify what type of information was contained therein, and to whom that information belonged. On August 10, 2026, that review was completed.

In response to this event, Magnolia also implemented additional technical safeguards to further enhance the security of information in its possession and with the aim of preventing similar events from happening in the future. While there is no evidence of actual or attempted misuse of any information as a result of this event, Magnolia will be providing impacted individuals with access to complimentary credit monitoring and identity protection services.

Magnolia takes the confidentiality of information in its care very seriously and regrets any inconvenience or concern caused by this event. If you have any questions, please call our dedicated assistance line at 833-918-4065, Monday – Friday, 8 am – 8 pm CT, excluding major U.S. holidays.

Individuals are encouraged to remain vigilant against events of identity theft by reviewing credit reports, account statements, and explanation of benefits forms for suspicious activity and to detect errors.

Individuals may place a fraud alert or credit freeze by contacting the credit reporting agencies: TransUnion 1-800-680-7289, P.O. Box 2000 Chester, PA 19016, transunion.com; Experian 1-888-397-3742, P.O. Box 9554 Allen, TX 75013, experian.com; Equifax 1-888-298-0045, P.O. Box 105069 Atlanta, GA 30348, equifax.com.

Individuals can further educate themselves regarding identity theft, fraud alerts, credit freezes, and steps to protect their personal information by contacting the credit reporting bureaus, the Federal Trade Commission, or their state attorney general. The FTC may be reached at 600 Pennsylvania Ave. NW, Washington, D.C. 20580; www.identitytheft.gov; 1-877-ID-THEFT (1- 877-438-4338); and TTY: 1-866-653-4261. Instances of known or suspected identity theft should also be reported to law enforcement, your state attorney general, and the FTC.

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Arrowpoint Investment Partners Selects Arcesium to Scale Asia-Focused Multi-Strategy Platform

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Asia-focused multi-strategy investment firm uses Arcesium’s Opterra™ investment lifecycle management platform to efficiently scale complex multi-manager, multi-asset strategies  

SINGAPORE, Nov. 3, 2026 /PRNewswire/ — Arrowpoint Investment Partners (“Arrowpoint”), an investment firm building an Asia-focused, multi-strategy platform, today announced that it has partnered with Arcesium, a leading global financial technology provider to the investment industry. Arrowpoint is leveraging Arcesium’s intelligent data management and operational platform, Opterra, along with its industry expertise and managed services, to scale its sophisticated, multi-asset investment strategies. Equipped with industry-leading technology, Arrowpoint is able to onboard new managers quickly and drive competitive edge across multiple asset classes and investment strategies as the platform scales.

“Using Arcesium’s technology and operational platform enables us to achieve efficient and scalable growth through our Asia-focused strategy,” said Woon Young Jeong, Chief Operating Officer of Arrowpoint. “The company’s pedigree of working with large multi-strategy firms, its managed services’ global coverage, and its intelligent technology made it the right partner to support our goals. Arcesium’s deep capabilities within the hedge fund ecosystem mean our portfolio managers can quickly deploy and scale new strategies, supported by operational infrastructure capable of matching our growth ambitions.”

Founded in 2024 by a former Millennium Asia co-CEO, the Singapore-headquartered firm manages $2 billion in funds, has a presence in Hong Kong and Dubai, and oversees 24 portfolio managers across Asia and the Middle East. As Arrowpoint grows and manages investment activity across multiple asset classes, the firm’s priority was to find an agile technology partner that meets rapid workflows and processes, while harmonizing large volumes of data.

Chris Barrow, Head of Revenue for EMEA & APAC at Arcesium, commented on the announcement: “We are delighted to partner with Arrowpoint as one of the most sophisticated and high-profile launches we’ve seen in Asia. Since opening the Arcesium office in Hong Kong earlier this year and expanding our presence in the region, we are quickly gaining momentum with other hedge funds and asset managers and are tapping into the vibrant market interest in Hong Kong and Singapore. Partnering with such a high-caliber client like Arrowpoint is a key milestone and we look forward to enabling the firm to scale in new directions with the support of our technology and managed services.”

Arcesium’s Opterra is a front-to-back investment lifecycle management platform that fits the unique operating environments of hedge funds, enabling optimized capital efficiency, increased productivity, and reduced operational risk. This partnership underscores Arcesium’s continued momentum in the APAC region as more firms look to modernize their technology infrastructure and scale with confidence.

ENDS

About Arcesium:

Arcesium© is a global financial technology company delivering front-to-back technology solutions for some of the world’s most sophisticated financial institutions, including hedge funds, asset managers, private markets, sell side, and digital assets firms. Expertly designed to achieve a synchronized golden source of data throughout a client’s ecosystem, Arcesium’s cloud-native technology is built to systematize the most complex workflows and help clients achieve scale.

Today, Arcesium services over $6.7T in gross AUM and over $1.2T in sell-side capital balances and has modelled over 178 million investments to date. Arcesium was built from a platform developed and tested by investment and technology development firm, the D. E. Shaw group, and launched as a joint venture with Blackstone Multi-Asset Investing. J.P. Morgan, another large client, later made a strategic investment in the company, helping Arcesium further its mission: to power the entire investment lifecycle. Arcesium currently has a staff of over 2,600 software engineering, accounting, operations, and treasury professionals.

For more information about Arcesium and its capabilities, visit www.arcesium.com and follow the firm on LinkedIn.

 
About Arrowpoint Investment Partners:

Arrowpoint is an investment firm building a differentiated Asia-focused, multi-strategy platform. Learn more at https://arrowpointfund.com/

Arcesium Media Contact:

Ivy Gitarts
Aspectus Group
Ivy.Gitarts@aspectusgroup.com
 

Arrowpoint Investment Partners Media Contact:
media@arrowpointfund.com

 

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