Technology

Tencent Cloud Completes Airstar Bank’s Full Migration to the Cloud to Create a More Agile Digital Bank

Published

1 year ago

April 25, 2025

HONG KONG, April 25, 2025 /PRNewswire/ — Migrating to the Cloud is quickly becoming an industry standard for the financial industry as it enables institutions to achieve greater performance, digital capabilities, operational efficiencies and cost management. Tencent Cloud, the cloud business of global technology company Tencent, today announced it has helped Hong Kong’s Airstar Bank to successfully migrate its entire operations onto the Cloud, to facilitate more agility for their digital bank services and operations. Airstar Bank has been operating steadily on the cloud for over 100 days, witnessing significant improvements to the greater speed, stability and security that they are able to provide to their digital banking customers.

Airstar Bank is one of the first digital banks to be granted a banking license in Hong Kong and it continues to grow in market presence today. This has placed significant technological demands on Airstar Bank, as it needs to scale up quickly while balancing the high costs and resources that are required to support its growing operations.

In December 2023, Airstar Bank partnered with Tencent Cloud to initiate its cloud business migration plan, which will see all aspects of its business operations housed on the cloud. Tencent Cloud drew from its own extensive experience in cloud migration, formulating detailed technical plans and migration strategies to ensure a safe, smooth, and efficient transition to the cloud, while adhering to strict industry regulations and standards at all times.

Liming Hu, Vice President of Tencent Cloud, said: “Migrating to the cloud is the optimal solution for the digital transformation of the financial industry, and Airstar Bank’s comprehensive cloud migration reflects its forward-looking approach to digitalization. Tencent Cloud is honored to assist Airstar Bank in smoothly and efficiently migrating to the cloud, helping to provide more diverse financial products and services to customers, improve customer satisfaction, and promote a virtuous cycle that enables rapid business development. In the future, Tencent Cloud will continue to focus on fintech and cloud services, offering leading digital banking solutions to financial institutions worldwide and supporting product and business innovation in the financial industry.”

Felix Tao, Chief Technology Officer of Airstar Bank, said: “We are very pleased to partner with Tencent Cloud to successfully and smoothly complete the bank’s cloud migration. We anticipate significant optimization in terms of resource costs and workload as well as the complexity of infrastructure operations and maintenance. As a ‘user-oriented’ digital bank, we remain committed to providing our customers with more diverse products and services. This development not only helps reduce costs and enhance efficiency, accelerating product iteration, but the flexibility and scalability of the new core system will also assist Airstar Bank in dynamically adjusting resources to meet future business expansion and peak customer flow demands. In view of all this, we strive to build a more agile digital bank supported by cloud technology.”

Airstar Bank adopted a layered architecture design to maintain the highest levels of security, utilizing partition isolation based on its unique business characteristics. Combined with Tencent Cloud’s comprehensive security product capabilities, they built a security protection system at key nodes to safeguard bank data comprehensively. The bank’s business data retrieval is also enhanced by integrating content acceleration and edge security through an edge security acceleration platform.

The financial industry, especially the banking sector, has very high requirements for the stability and security of IT systems. In terms of disaster recovery architecture, Tencent Cloud designed a multi-layer business disaster recovery architecture system for Airstar Bank, covering traffic access, business applications, and data storage. The overall system achieved a cross-AZ dual-active disaster recovery architecture, ensuring second-level rapid switching in the event of extreme failures. Relying on Tencent Cloud’s observability platform, they monitored the operational status of all business nodes in real time.

During the cloud migration process, phased data migration proved to be critical. Each stage of the process needed to be completed quickly within a limited time window to ensure that various bank businesses were not affected. Tencent Cloud provided the tools and expert services to help Airstar Bank adapt and implement the migration effectively with limited disruptions. During the critical database migration phase, an assessment tool helps to first generate a report, which allows the bank to evaluate its business workload. After completing code refactoring, data synchronization is carried out using Tencent Cloud’s DBbridge migration tool, ultimately switching business traffic to the cloud. The success rate of the overall cloud migration reached 100%, with no occurrence of business fallback or data rollback issues.

After completing the full cloud migration, Airstar Bank has seen significant improvements in high-performance data processing capabilities, along with a reduction in resource costs and the workload and complexity of infrastructure maintenance—estimated to lead to annual cost savings worth millions in the future. Additionally, the business systems can now fully leverage the diverse enterprise-grade commercial products available in the cloud to replace self-built open-source product components, significantly enhancing development efficiency and enabling agile application iterations and rapid responses to market changes.

About Tencent Cloud:

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.

About Airstar Bank:

Airstar Bank is a digital bank in Hong Kong with Xiaomi Corporation and Futu Group as its key shareholders. The Bank upholds the virtue of financial inclusion by making cutting edge digital banking services accessible at our customers’ fingertips. Airstar Bank has become a licensed bank under the Hong Kong Monetary Authority since May 9, 2019.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/tencent-cloud-completes-airstar-banks-full-migration-to-the-cloud-to-create-a-more-agile-digital-bank-302438090.html

SOURCE Tencent Cloud

Technology

Luxor Expands LuxOS to MicroBT WhatsMiner, and MicroBT Intends for a Strategic Investment

Published

47 minutes ago

April 27, 2026

SEATTLE, April 26, 2026 /PRNewswire/ — Today, Luxor Technology Corporation (“Luxor”) announces the expansion of LuxOS firmware support to MicroBT WhatsMiner series miners, growing the LuxOS ecosystem. In addition, MicroBT, via its investment manager Inflection Technology Limited (“ITL”), has signed a term sheet to make a strategic investment into Luxor. Luxor has also committed to a US$100,000,000 purchase of MicroBT WhatsMiner hardware.

Luxor is working directly with a select group of mining partners to deploy and expand model support over time. With more than 300,000 Bitcoin mining machines already running LuxOS globally, Luxor brings to the WhatsMiner ecosystem the same enterprise-grade firmware infrastructure that large-scale mining operators rely on. MicroBT hardware represents a significant share of global Bitcoin mining capacity, and with this expansion, those operators now have access to flexible firmware features.

WhatsMiner fleets running LuxOS gain access to Power Targeting, Advanced Thermal Management, safe rapid curtailment, and faster ramp-up time — unlocking new capabilities beyond stock settings. Power Targeting delivers consistent, predictable performance across individual machines and makes infrastructure planning easier at scale. When shifting power targets, LuxOS completes the transition in 30-60 seconds while continuing to hash at higher hashrates — capturing additional hashrate. LuxOS also improves ramp-up time across curtailment events, reaching full capacity faster and reducing the unharvested hashrate lost every time machines cycle. Initial support spans select models in the M50 series. For the full list of supported models, visit docs.luxor.tech.

“We are excited to build on the MicroBT WhatsMiner platform. We are consistently impressed by their ability to execute with high-quality machines. Our clients have been asking for WhatsMiner firmware for years, and we have shipped a product that is going to help deliver significant profitability and usability benefits. We are also excited to welcome MicroBT as a strategic investor.”

— Lauren Lin, Head of Hardware and Software of Luxor

“Luxor has continued to be one of MicroBT’s trusted global partners. With their talented engineering team, we are excited they are building on top of the Whatsminer platform. We are happy to be taking a strategic position in Luxor and supporting their continued growth through this hardware partnership.”

— Dr.Yang, CEO and Co-Founder of MicroBT

Operators running LuxOS have access to Luxor’s full-stack mining experience: pool, hashrate derivatives, energy services, and Luxor Commander for fleet management — unified under a single platform. Commander includes Intelligent Miner, which keeps fleets running at peak profitability by continuously adjusting power settings based on real-time hashprice and energy prices.

Luxor is rolling out LuxOS for WhatsMiner in a phased approach, onboarding operations directly to ensure a high-quality deployment experience. Mining operations running WhatsMiner hardware can express interest in access at luxor.tech/contact.

About Luxor Technology Corporation

Luxor delivers hardware, software, and financial services that power the global compute and energy industry. Its product suite spans Bitcoin Mining Pools, ASIC Firmware, Hardware trading, Hashrate Derivatives, Energy services, a Miner Management software, Commander, and a bitcoin mining data platform, Hashrate Index.

If you are interested in contacting Luxor, please email sales@luxor.tech.

View original content:https://www.prnewswire.com/news-releases/luxor-expands-luxos-to-microbt-whatsminer-and-microbt-intends-for-a-strategic-investment-302753797.html

SOURCE Luxor Technology

Technology

GLN Connects to Vietnam’s National QR Network, Enabling Nationwide QR Payments

Published

2 hours ago

April 26, 2026

Direct access to Vietnam’s nationwide QR payment networkEnabling payments via partners’ home-market banking and fintech apps without currency exchange

SEOUL, South Korea, April 26, 2026 /PRNewswire/ — GLN International has launched a nationwide QR payment service in Vietnam in partnership with NAPAS, marking its direct integration into the country’s national QR payment infrastructure.

The service was introduced at a launch ceremony on April 23 in Vietnam, attended by the State Bank of Vietnam (SBV), NAPAS, BIDV, and Hana Bank.

GLN leads the operation of the payment system connected to Vietnam’s national QR network and has driven its technical integration, as part of Hana Financial Group’s cross-border initiatives. Hana Bank participates as the only Korean financial institution designated as a settlement bank under SBV approval.

Vietnam’s payment infrastructure is built on the VietQR Global system operated by NAPAS, linking banks and merchants nationwide. Through this integration, GLN enables users of partner apps to access the network, expanding acceptance. The partnership is also expected to support inbound use cases, allowing Vietnamese users to make QR payments in Korea via their local apps.

The service is available across tourist destinations, including Da Nang, Phu Quoc, Nha Trang, and Ho Chi Minh City, across everyday merchants. Payments can be made through GLN-connected partner applications, including major Korean fintech apps such as Toss, PurpleGLN, Hana OneQ, Hana Money, and Hana Card, without currency exchange. The service is expected to expand to platforms, including Naver Pay and KB Banking App.

Seok Lee, CEO of GLN, said, “This launch marks a significant step in connecting Korea and Vietnam through a unified QR payment infrastructure. By integrating with Vietnam’s national QR network, we enable a simple payment experience for travelers using the apps they already use in their home market, without currency exchange. We will continue to lead overseas payments and cash withdrawals without physical cards.”

Meanwhile, GLN, a subsidiary of Hana Bank under Hana Financial Group, provides QR payment and QR withdrawal services across 14 countries in Asia, including Vietnam, China, Thailand, the Philippines, Laos, and Japan, with access to more than 200 million QR merchants globally. The company is a leading cross-border payment infrastructure provider in Asia, connecting users and merchants across markets. It has also established partnerships with overseas financial platforms, including Moreta Pay (North America), DeCard App (Singapore), and Taishin Bank (Taiwan).

View original content to download multimedia:https://www.prnewswire.com/news-releases/gln-connects-to-vietnams-national-qr-network-enabling-nationwide-qr-payments-302753730.html

SOURCE GLN International

Technology

VARON Celebrates 5 Years Supporting Easier Breathing for Customers Worldwide

Published

2 hours ago

April 26, 2026

NEW YORK, April 24, 2026 /PRNewswire/ — VARON is celebrating a meaningful milestone, its 5th anniversary, and is taking this moment to thank customers around the world who have trusted its oxygen therapy solutions over the years. What started as a mission to make breathing support more accessible has grown into a global community of users relying on VARON’s advanced oxygen machines in their daily lives.

This anniversary is not just about the company’s growth, but about the people behind it—the individuals and families who have chosen VARON for comfort, independence, and peace of mind.

Five Years of Supporting Easier Breathing and Everyday Living

Over the past five years, VARON has focused on one simple idea: making oxygen therapy easier to use, easier to move with, and easier to trust. From home use to travel needs, the brand has continued improving its range of oxygen machines to support different lifestyles and health needs.

Today, VARON offers a full lineup that includes compact portable oxygen concentrator models and reliable at home oxygen concentrator systems designed for long-term use. Many users also prefer VARON’s lightweight oxygen concentrator options, which allow more freedom of movement without sacrificing performance.

“Our customers are at the center of everything we do,” VARON CEO shared in a message marking the anniversary. “We are deeply grateful for the trust placed in us over the past five years. Every device we create is built with real people and real daily needs in mind.”

Designed for Real Life: Home and On-the-Go Oxygen Support

VARON’s oxygen solutions are designed to fit into everyday routines—whether at home, during travel, or while staying active.

At home users continue to rely on models like the Serene 5 Home Oxygen Concentrator, which delivers steady medical-grade oxygen with quiet operation and simple controls. The Serene 3 offers a compact option for those who want efficient oxygen support in a smaller footprint.

For users needing flexibility, the VH-2 Pro Home Oxygen Concentrator provides adjustable flow settings and added features like nebulization support, making it a practical choice for daily home use.

On the portable side, VARON continues to expand independence for users who need oxygen on the move. The VP-8G Ultra Portable Oxygen Concentrator stands out for its ultra-lightweight design at just 4.37 lbs, making it easy to carry while traveling or running errands. The VP-6 Continuous Portable Oxygen Concentrator and VP-2 Portable Oxygen Concentrator offer additional options with adjustable flow settings and dependable oxygen delivery.

Each portable oxygen concentrator is designed with user comfort in mind—lightweight, easy to operate, and built for mobility without stress.

A Simple Way to Say Thank You: Anniversary Discounts and Free Gifts

To celebrate its 5th year, VARON is launching a limited-time global appreciation event with special savings across its entire product range.

Customers can enjoy featured anniversary offers:

18% OFF sitewide across all oxygen machinesFree VARON gifts, including a $30 store gift card and extra nasal cannulas with every machine purchaseUp to 40% OFF selected featured productsAutomatic discounts applied at checkout—no codes needed

Customers can also save more with bundle options such as the VP-8G Super Bundle and extra battery packages for VP-6 and VP-2 models.

“These anniversary offers are our way of saying thank you,” VARON CEO shared. “We want to make it easier for more people to access reliable oxygen support at home and on the go.”

Looking Ahead with Customers at the Center

As VARON moves into its sixth year, the company remains focused on improving its oxygen therapy technology and expanding accessibility worldwide. Future development will continue to focus on making portable oxygen concentrator devices lighter, more efficient, and easier to use in everyday life.

The goal remains simple: to help more people breathe easier and live with greater confidence and independence.

About VARON

VARON is a trusted provider of oxygen therapy solutions, offering a wide range of at home oxygen concentrator systems, portable oxygen concentrator devices, and advanced oxygen machines designed for home, travel, and personal use. The company is committed to creating lightweight oxygen concentrator technology that supports comfort, mobility, and better quality of life.

For more information on VARON’s 5th anniversary offers and full product lineup, customers are encouraged to visit the official VARON website.

Media Contact:
VARON Oxygen Concentrator
Email: support@varoninc.com
Website: https://varoninc.com/

View original content:https://www.prnewswire.com/news-releases/varon-celebrates-5-years-supporting-easier-breathing-for-customers-worldwide-302753790.html

SOURCE Varon oxygen concentrator