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FOMO Pay Expands Institutional Blockchain Infrastructure with Canton Network Validator Approval

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FOMO Pay has received validator approval on Canton, and this will help expand its payment infrastructure with an institutional-grade blockchain network purpose-built for regulated financial markets.The approval positions FOMO Pay to leverage Canton for B2B payments and settlements, adding to FOMO Pay’s existing multi-chain, multi-rail, and multi-currency payments network.

SINGAPORE, Aug. 4, 2026 /PRNewswire/ — FOMO Pay, a leading Major Payment Institution and Singapore’s first Digital Payment Token licensee, today announced that it has received validator approval on Canton, the privacy-enabled blockchain network built for regulated financial markets. FOMO Pay joins the network alongside a growing ecosystem of global financial institutions.

Canton allows participants to securely transact and share information with authorised counterparties while maintaining confidentiality. The network processes more than 600,000 transactions per day, reflecting growing institutional adoption across payments, settlement, and tokenised asset workflows.

Validator approval on Canton reflects the trust and credibility FOMO Pay has established as a regulated payment institution in Asia. Through its validator role, FOMO Pay will operate a dedicated node on Canton, gaining a private, institutional-grade gateway to transact with authorised counterparties. The company intends to leverage Canton for institutional B2B payment and settlement use cases, expanding its multi-chain payment network. Validator approval also marks an expansion of FOMO Pay’s institutional payment infrastructure, which currently supports enterprise payment flows across traditional banking rails and major blockchain networks and serves clients across Southeast Asia, the Greater Bay Area, and the Middle East and North Africa.

“Receiving validator approval reflects how we think about building payment infrastructure, not around a single blockchain or a single payment rail, but across a growing range of networks that institutional finance will increasingly rely on,” said Louis Liu, Founder and CEO of FOMO Pay. “As the leading payment orchestration network in Asia, licensed across multiple markets, FOMO Pay is building regulated payment infrastructure that connects traditional financial systems with institutional-grade blockchain networks designed for compliant financial use cases. Canton represents the next step in that strategy.”

This milestone further reinforces FOMO Pay’s focus on building a compliant multi-chain, multi-rail, and multi-currency payment infrastructure, and as institutional adoption of blockchain-based financial infrastructure accelerates, FOMO Pay will continue to expand the rails, chains, and corridors through which it moves money and value. This will enable FOMO Pay to connect its multi-rail payment infrastructure with institutional digital asset and settlement infrastructure, helping to build a network capable of serving the full spectrum of payment and settlement needs.

About FOMO Pay

Founded in 2015, FOMO Pay is a payment institution licensed in Singapore, Hong Kong and the Middle East. The firm has become a leading one-stop digital payment, digital banking, and digital asset solution provider. It is currently building Asia’s fully licensed financial platform, helping institutions and businesses connect between traditional and next-generation financial services. The firm offers its three flagship products:

FOMO Payment – One-stop digital payment solution for merchants, corporates and financial institutionsFOMO iBiz – Facilitate businesses’ everyday requirements for transactional banking needsFOMO Treasury – Corporate cash management and investment solutions for liquidity optimization and earning yield

Visit www.fomopay.com for more information. For media inquiries, contact marketing@fomopay.com.

About Canton

Canton is the only public, permissionless blockchain purpose-built for institutional finance–uniquely combining privacy, compliance, and scalability. With participation from leading global financial institutions and network governance independently facilitated by the Canton Foundation, Canton enables real-time, secure synchronization and settlement across multiple asset classes on a shared, interoperable infrastructure. The open-sourced network is powered by its native token, Canton Coin, and supports decentralized governance and collaborative application development. It’s the proven link between the promise of blockchain and the power of global finance, making finance flow the way it should. Learn more at: canton.network.

View original content:https://www.prnewswire.com/apac/news-releases/fomo-pay-expands-institutional-blockchain-infrastructure-with-canton-network-validator-approval-302839947.html

SOURCE FOMO Pay

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Xinhua Silk Road: Overseas media representatives visit Xiaomi’s smart auto factory in Beijing

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BEIJING, Nov. 8, 2026 /CNW/ — On November 6, media representatives from various countries and regions visited Xiaomi’s smart auto factory in southeast Beijing, exploring firsthand Xiaomi’s achievements in NEV R&D, intelligent manufacturing and ecosystem innovation.

After the tour, Marcos Costa de Oliveira, editor-in-chief of Brazil’s Monitor Mercantil newspaper, said he is a lover of Xiaomi stuff, and Xiaomi cars are beautifully designed and useful too.

Xiaomi’s greatest advantage is its ability to combine innovative technology, attractive design and impressive performance, said Tamas Kovacs, CEO of ATV Hungary.

Covering an area of approximately 718,000 square meters, the factory is a modern smart manufacturing campus for Xiaomi NEVs that integrates R&D, production, sales and customer experience.

The factory has upgraded traditional auto-making processes to six tailored to NEV production, with 100 percent automation achieved in key processes. More than 700 robots work in coordination across the production lines while artificial intelligence (AI) technologies are employed to significantly improve quality inspection accuracy.

“I was particularly impressed by the extensive use of robotics, automation and artificial intelligence throughout the manufacturing process,” said Kovacs. “Xiaomi’s manufacturing capabilities demonstrate China’s remarkable progress in industrial innovation.”

The interactive demonstration of Xiaomi’s human×car×home smart ecosystem was another highlight of the tour. The ecosystem allows users to remotely control smart home devices directly from their vehicles through voice commands or preset scenarios, enabling seamless connectivity across different living scenarios.

Yasiru Bandara Ranaraja, founding director of Belt & Road Initiative Sri Lanka, said Xiaomi is very innovative and gives the whole solution of the car for controlling all electronics.

Such ecosystem is one of the most innovative achievements of Xiaomi, said Kovacs. “I believe this integrated approach represents an important direction for the future of transportation.”

When asked about Xiaomi’s plan to go global, many guests expressed hopes to see Xiaomi vehicles sold in their own countries. Agnes Kalekye Nguna, CEO of Kenya Broadcasting Corporation, said NEV plays a significant role in environmental conservation and promoting utilization of clean energy in Africa. “Come to Africa, we are waiting for you!”

The tour was one of the events held during the 7th World Media Summit running on November 5-9 in Beijing, which gathered nearly 500 guests from mainstream media, think tanks, government departments and international organizations across 112 countries and regions.

Original link: https://en.imsilkroad.com/p/352895.html

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SOURCE Xinhua Silk Road

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Trip.com Turns Up the Savings this November with Mega Deals on Flights, Hotels and More in Australia

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From $29 domestic flights to half-price hotel deals, Trip.com’s November Mega Sale brings a month of travel bargains across 11.11 and Black Friday

SYDNEY, Nov. 9, 2026 /PRNewswire/ — November isn’t just for shopping carts – it’s for packing suitcases for Christmas too! Trip.com is giving Aussie travellers plenty of reasons to plan their next getaway, with its Black Friday Mega Sale bringing together a line-up of travel deals across 11.11 and Black Friday.

From bargain airfares to hotel steals and discounted travel experiences, Trip.com is packing November with deals worth setting an alarm for. Kicking off the shopping festivities, the sale will feature two major flash sale days on 10 and 11 November, with domestic flights from just $29, Bali flights from $109, 4-star Bali hotels from $19 a night, and even $1 eSIMs. More deals will follow on 27 November for Black Friday.

Closer to home, travellers can also enjoy exclusive deals at the Currumbin Wildlife Sanctuary in Gold Coast, including $20 off Koala Connection Experiences and 50% off Astra Lumina tickets.

10 November: Flights Take Centre Stage

The savings take off on 10 November, with a series of limited-time flight offers dropping throughout the day.

Deals dropping at 12pm AEDT:

Deals

Offer

Domestic flights

From $29

International flights

Bali from $109Ho Chi Minh City from $149One-way flight to Guangzhou from $109 (exclusively with
China Southern Airlines)
One-way flights from Sydney or Melbourne to Shanghai or
Chengdu from $
189

New Zealand flights

Up to 10% off (capped at $85)

Flight promo codes

Up to 50% off (capped at $100)Up to 25% off (capped at $50) [Note: restricted to a
minimum of 2 passengers and return flights only]
Up to 15% off (capped at $25)

Airline coupons

Up to $200 off with participating airlines, including Jetstar, Virgin
Australia, Qantas, Sichuan Airlines, Fiji Airways, Singapore Airlines
and Philippine Airlines, and more

Australian airport promo codes

Up to $100 off for Perth Airport

Note: Flight offers are for eligible departures from Australian cities, subject to applicable terms and conditions.

More flight savings will be released later in the day:

2pm: 5% off flights promo codes (capped at $25)6pm: Tiered flight promo codes offering up to $100 off, depending on booking value

11 November: Hotels, Attractions and More Join the Sale

On 11 November, the spotlight shifts to accommodation and experiences, with savings on hotels in Australia and overseas, alongside attractions, transport and travel essentials.

Deals dropping at 12pm AEDT:

Deals

Offer

Hotel promo codes

Up to 50% off (capped at $100) and up to 15% off
(capped at $50) on all hotels

Australia and New Zealand hotels

Up to 25% off (capped at $50)

Japan hotels

Up to 20% off (capped at $50)

International hotel flash sales

5-star hotels in Bangkok from $49/night4-star hotels in Bali from $19/night4-star hotels in China from $79/night4-star hotels in Japan from $59/night4-star hotels in Melbourne from $89/night

Note: Hotel promo codes require a minimum two-night stay, while hotel flash sale prices are limited to a maximum of two nights per hotel per user, subject to availability.

More deals will drop at 2pm, including:

$1 eSIMs in a limited-time flash saleUniversal Studios Japan: Buy one, get one on selected 1-Day Pass offersShanghai Disneyland: Up to 50% off selected flash sale offersChina train tickets: Up to 90% off promo codesCar hire: Up to 50% off promo codesInternational and domestic hotels: 5% off promo code, capped at $15

At 6pm, tiered hotel promo codes offering up to $100 off eligible bookings will also be available.

27 November: Black Friday Brings Another Wave of Travel Deals

The November savings don’t end with 11.11. On 27 November, Trip.com will bring back popular deals, including domestic flights from $29, international flights to Bali from $109, Ho Chi Minh City from $149, alongside hotel promo codes of up to 50% off (capped at $100).

Travellers can also look forward to up to 50% off flight promo codes (capped at $100), up to $200 off airline coupons with participating carriers, $1 eSIMs, and discounts of up to 50% on car hire and up to 20% on airport transfers.

Family Fun with Exclusive Currumbin Wildlife Sanctuary Deals

Trip.com has partnered with Currumbin Wildlife Sanctuary – one of Gold Coast’s iconic attractions – to offer an exclusive $20 off Koala Connection Experiences, with admission and encounter tickets from $69 for children and $89 for adults. Visitors can explore a purpose-built koala habitat, learn about its koalas from a keeper and take home a memorable photo. Named among Trip.com’s 2026 Global 100 Family-Friendly Attractions, the sanctuary will also offer 50% off Astra Lumina tickets (including general admission) during the 11.11 and Black Friday sales, for visits up to 19 December 2026.

Terms and Conditions apply. All promotional offers are available on a first-come, first-served basis within the specified period and while stocks last. Please note that all deals are in AEDT time.

For more information, please visit https://au.trip.com/.

About Trip.com

Trip.com is an international one-stop travel service provider, available in 27 languages across 48 countries and regions in 44 local currencies. Offering an extensive hotel and flight network of more than 1.7 million hotels and flights from over 680 airlines, along with over 350,000 in-destination activities, Trip.com covers 3,500 airports in 220 countries and regions. Trip.com‘s world-class 24/7 multilingual customer service helps to ‘create the best travel experience’ for its millions of customers worldwide. To book your next trip, visit Trip.com.

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SOURCE Trip.com

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LG ELECTRONICS EARNS FIRST ASIL D PRODUCT CERTIFICATION FOR AUTOMOTIVE CENTRAL GATEWAY SYSTEM

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TÜV Rheinland’s First ASIL D Product Certification in the Central Gateway System Category Validates LG’s Functional Safety Capabilities

News Summary

LG Electronics has earned its first ISO 26262 ASIL D product certification for its automotive central gateway system. It is also the first ASIL D product certification TÜV Rheinland has issued in this category.The certification builds on LG’s ISO 26262 process certification in 2017 and ASIL B product certification in 2021, demonstrating the company’s ability to meet the highest functional safety requirements at the product level.The independent validation is expected to strengthen automakers’ confidence in LG and enhance its competitiveness in future vehicle platform programs, as the company extends its expertise to next-generation communication control systems, gateways and domain controllers.

SEOUL, South Korea, Nov. 8, 2026 /PRNewswire/ — LG Electronics (LG) has earned its first ISO 26262 Automotive Safety Integrity Level D (ASIL D) product certification for its automotive central gateway system, developed as the central communication unit (CCU) 2.0 for the Genesis GV90. The certification, awarded by global testing and certification body TÜV Rheinland, is also the first ASIL D product certification the organization has issued in the automotive central gateway system category.*

Under ISO 26262, ASILs range from A to D based on the severity of potential harm, exposure to hazardous situations and controllability of the resulting risks. ASIL D, the highest level, requires the most stringent measures to prevent and mitigate safety-related failures. As part of the certification process, TÜV Rheinland comprehensively assessed LG’s development processes, design documentation and verification results, confirming the system’s compliance with applicable ASIL D requirements.

From Certified Processes to ASIL D-Certified Products

The certification is the latest step in LG’s efforts to advance its functional safety capabilities. The company obtained ISO 26262 process certification for its automotive development framework in 2017, followed by ASIL B product certification for its advanced driver assistance system (ADAS) front camera module in 2021. Achieving ASIL D at the product level demonstrates LG’s ability to apply the highest functional safety requirements across the design, implementation and verification of an automotive product.

For global automakers, this independent, product-level validation offers further assurance of LG’s ability to deliver safety-critical automotive systems. It is also expected to enhance the company’s competitiveness in future vehicle platform programs.

Functional Safety Embedded in System Operations

LG’s central gateway system serves as the hub for vehicle communications, connecting electronic control units (ECUs) and managing data exchange across in-vehicle and external networks. When routing data over controller area network (CAN) and Ethernet interfaces, the system is designed to accurately transmit safety-related messages, detect routing malfunctions and relay relevant fault information to other ECUs.

The system also incorporates functional safety measures for over-the-air (OTA) software updates. These measures help prevent unintended updates and maintain safe control of vehicle start-up during updates and rollbacks. In addition, the system supports connected car services, features on demand and system diagnostics, along with cybersecurity functions such as intrusion monitoring and certificate-based authentication.

Strengthening Competitiveness for Future AIDV Platforms

As the automotive industry transitions toward AI-defined vehicles (AIDVs), central gateway systems are taking on a larger role. They manage communications across vehicle networks, enable OTA updates and support connected services, which makes functional safety increasingly critical.

The expertise LG gained through this project is applicable to other safety-critical automotive systems. That expertise spans functional safety development processes, design and verification methodologies, and certification. These capabilities lay the groundwork for LG to develop a broader range of automotive components, including next-generation communication control systems, gateways and domain controllers.

“Earning our first ASIL D product certification is a significant milestone for LG,” said Lee Sang-yong, head of the VS R&D Laboratory at the LG Vehicle Solution Company. “It reflects our progress from establishing certified functional safety processes to implementing and verifying the highest-level safety requirements in an automotive product. We will build on this accomplishment to strengthen automakers’ confidence in LG and advance next-generation solutions for the AIDV era.”

* Based on TÜV Rheinland’s certification records as of November 2026

 

# # #

About LG Electronics Vehicle Solution Company

The LG Vehicle Solution Company (VS) is bringing LG’s unique mobility innovations to the automotive industry. As a trusted and innovative partner, the company provides intelligent solutions including head units, displays, connectivity, ADAS vision systems, and software solutions integrating human-centered AI and automotive engineering into the modern AI/software-defined vehicle. Committed to “Driving better future mobility,” the company has diversified its portfolio to further strengthen its capabilities, including automotive lighting systems, e-powertrain and cybersecurity. For more information, visit www.LG.com/global/mobility. To stay updated with the latest news, subscribe to the LG mobility newsletter, LG Loop at www.LG.com/global/mobility/newsletter and follow the LG VS Company LinkedIn channel at www.linkedin.com/company/lgvehiclesolution.

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