logo
F88 earns Gold Level Certification for Client Protection

F88 earns Gold Level Certification for Client Protection

Arabian Post6 days ago
An F88 shop. F88 has embedded customer care into every step of its operations. — Photo courtesy of the firm
HANOI, VIETNAM – Media OutReach Newswire – 18 July 2025 – F88, a pioneer in Việt Nam's alternative finance sector, has once again affirmed its leadership position by being awarded the Gold Level Certification for Client Protection by M-CRIL.
This marks the third time F88 has received this prestigious honour since 2019, and the second consecutive year it has achieved the highest possible rating. The achievement highlights F88's deep and ongoing commitment to building a transparent, sustainable financial ecosystem that puts customers first.
Issued by M-CRIL and developed in collaboration with globally recognised organisations Cerise+SPTF, the Client Protection Certification (CPC) is one of the most comprehensive and demanding assessments in the financial services sector. It evaluates how well institutions uphold international standards in client protection, requiring excellence in areas ranging from product design and customer communication to data security and corporate governance.
ADVERTISEMENT
F88's Compliance with M-CRIL Principles
To achieve Gold Certification, financial institutions must comply with eight standards, 26 essential practices and over 128 indicators, meeting a minimum compliance rate of 95 per cent and avoiding any disqualifying breaches. F88 surpassed these benchmarks with an impressive 98.3 per cent compliance score, demonstrating the strength of its internal systems and customer-first strategy.
This success is not accidental. It stems from a clearly defined and responsibly executed development strategy focused on customer needs and protection. By creating tailored financial solutions to ensure better access to capital and standardising all product information with transparent, easy-to-understand language, F88 has embedded customer care into every step of its operations. The company also commits to a responsible pricing policy, ensuring interest rates and fees are fairly determined and reflective of the services provided.
Data protection remains a top priority at F88. Customer data is collected only with explicit consent, securely stored and managed under strict internal controls. This information is then used to fairly assess creditworthiness, helping minimise financial risk for both parties while avoiding over-indebtedness for the customer.
Throughout its operations, F88 consistently upholds fairness and integrity. Customers from all backgrounds, including vulnerable groups, receive equal access to financial services. The company adheres to a core principle of 'do no harm', ensuring that all decisions — from product offerings to debt restructuring — are made with the customer's best interest in mind.
ADVERTISEMENT
F88 has also developed a robust, multi-channel feedback and complaint resolution mechanism that allows customers to express concerns easily and expect swift resolution. The company currently resolves over 99 per cent of complaints within 30 days, a figure that reflects not only operational efficiency, but also a strong culture of listening and learning.
Underpinning all of this is F88's solid governance structure. With clear internal policies, a strong credit risk management framework and ongoing ethics training for its staff, the company ensures that its team consistently delivers responsible and professional service.
Real impact: Earning customer trust and loyalty
The impact of these efforts is evident in F88's performance. In the first half of 2025, the company reported a Net Promoter Score of 73 per cent, with over half of its customers returning for additional services — clear signs of growing trust and customer satisfaction.
Commenting on the milestone, Chairman and CEO of F88 Phùng Anh Tuấn said: 'A company like F88 cannot grow sustainably by abandoning its social mission in pursuit of short-term profit. Our goal is to grow along with our customers, not to trap them in debt.'
Reinforcing market position and investor confidence
This recognition comes at a pivotal time for F88. Having recently become a public company and progressing toward listing on the UpCOM exchange, the Gold Certification strengthens its position in the eyes of investors and partners. For stakeholders who value Environmental, Social and Governance (ESG) criteria, it sends a powerful message: F88 is a transparent, ethical and socially responsible business — an organisation that balances profitability with purpose and offers a sound investment opportunity.
M-CRIL is a global leader in rating financial institutions and works with investment support from the Asian Development Bank. Through its work, M-CRIL reduces risks for financial entities while encouraging micro and small businesses to adopt best practices.
Hashtag: #F88
https://f88.vn/english
The issuer is solely responsible for the content of this announcement.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Bitcoin's surge & beyond: An Octa broker forecast
Bitcoin's surge & beyond: An Octa broker forecast

Arabian Post

time8 minutes ago

  • Arabian Post

Bitcoin's surge & beyond: An Octa broker forecast

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 24 July 2025 – Bitcoin (BTC) has been rising almost uninterruptedly over the past three months, setting new all-time highs (ATH) essentially every week since mid-May. According to Coinbase, BTCUSD surpassed the crucial $112,000 mark on 10 July and went on to touch the $123,200 level on 14 July. Since then, the market seems to have entered a period of consolidation, with prices fluctuating in the $116,000–120,000 range. The critical question now facing investors is whether this represents a prelude to a significant downward correction or if the current consolidation will merely serve as a springboard for the rally to continue its upward trajectory. Kar Yong Ang, a financial market analyst at Octa Broker, explains the reasons for the rally and examines potential scenarios. Following the spring pullback, when the price of the world's major crypto currency dipped below $75,000 in early April, BTC rallied 65% and was trading slightly above the $123,000 level by mid-July. The major drivers for such an impressive rally include renewed investor optimism, rising institutional flows, a favourable regulatory environment, and skewed BTC supply. Kar Yong Ang, a financial market analyst at Octa broker comments: 'In many ways, the stars have aligned for Bitcoin holders, with significant improvements in risk sentiment and supportive regulatory news truly propelling its ascent'. Indeed, the rally kicked off on 22 April, sparked by U.S. Treasury Secretary Scott Bessent's suggestion of a potential de-escalation in U.S.-China trade tensions. The following day, President Donald Trump further boosted sentiment by hinting at lower tariffs for China and retracting threats to dismiss Federal Reserve (Fed) Chair Jerome Powell. This news improved risk appetite and sent BTCUSD up by 6.82% on 22 April alone. Optimism for global trade was further fueled on 8 May, when Donald Trump unveiled a new trade deal with the United Kingdom (UK)—the first since the 'reciprocal' tariff pause—propelling BTCUSD higher by an additional 6.38%. ADVERTISEMENT Apart from positive headlines, deeper structural transformations—notably, a mismatch between supply and demand—have also played a key role. It is no secret that Bitcoin's total final emission is limited to 21 million coins. Additionally, bitcoin undergoes a 'halving' event approximately every four years, which cuts the reward for mining new blocks in half, thus limiting the daily average supply of new bitcoins. Following the most recent halving, a new Bitcoin block is now mined roughly every 10 minutes, and the reward per block is 3.125 BTC. Therefore, the daily issuance of new Bitcoin currently stands at just around 450 coins per day. This is how it is calculated: (6 blocks/hour×24 hours/day)×3.125 BTC/block = 144 blocks/day×3.125 BTC/block = 450 BTC/day. This daily issuance has been vastly outpaced by demand from exchange-traded funds (ETFs), which have been absorbing up to 10,000 BTC per day. A mismatch between natural supply and ETF-driven demand has created a severe shortage in available coins, fueling aggressive upward price momentum. The imbalance has been exacerbated by continued investor preference for bitcoin vs other, less liquid, and less developed coins. Institutional flows into crypto investment vehicles have further amplified the rally, signalling growing mainstream adoption. BlackRock reported a 366% quarter-over-quarter surge in crypto ETF inflows in Q2 2025, with allocations rising to $14 billion, now comprising 16.5% of its total ETF flows. Similarly, U.S.-listed Bitcoin ETFs posted their second consecutive $2 billion inflow week in mid-July. This growing supply-demand imbalance has coincided with significant regulatory milestones in the U.S. Specifically, the Republicans have pushed forward three pieces of legislation (the Genius Act, the Clarity Act and the Anti-CBDC Surveillance State Act) aimed at creating a regulatory framework for the growing cryptocurrency market. The Genius Act, which focuses on stablecoins, creating a comprehensive regulatory framework for their issuance and oversight, has already been signed into law by President Trump, while the Clarity Act and the Anti-CBDC Surveillance State Act are yet to be passed by the Senate. Overall, the increasing crypto interest and adoption drove the crypto market capitalization to hit $4 trillion on 18 July, reflecting its strength and maturity with bitcoin in particular becoming a central part of the global investment landscape. ADVERTISEMENT BTC Rally Outlook: A Burning Topic With so many factors working in Bitcoin's favour, it seems reasonable to infer that its price will likely continue to go higher in the long term. And while this may be true, it is still important to highlight major risks that lie ahead. Kar Yong Ang, comments: 'Technically, Bitcoin looks like it is preparing for a major downward correction. BTCUSD failed to hold above the 0.618 extension level of the bullish trend, which commenced in early April. The price has formed a long wick on the daily chart, signalling an exhaustion of the bullish trend. A decline towards the 112,000 level is now highly likely. A break below 112,000 would open the way towards the 105,000 level.' BTCUSD DAILY CHART Source: TradingView Indeed, the failure to hold the 121,500 level on 14 July and the subsequent correction on 15 July occurred on very strong volume, meaning that traders are uncertain about the next big move and doubt that a rally can be sustained in the short term. Furthermore, fundamentals have turned sour lately. After a 0.1% increase in May, U.S. consumer prices rose 0.3% in June, a roughly 3.5% annual rate, which is uncomfortably above the Fed's target rate. This renewed inflationary pressure diminishes the likelihood of a September interest rate cut by the Fed and may exert bearish pressure on equity and crypto valuations. A similar scenario is evident in other major economies. For example, UK CPI rose to 3.6% in June from 3.4% in May and also undermined the widespread anticipation of a rate cut by the Bank of England (BoE). In other words, the global monetary policy may not be as accommodative as investors had hoped for previously, making them reluctant to purchase in risky assets Three BTC price action scenarios Kar Yong Ang of Octa Broker has come up with three potential scenarios for BTCUSD. The most optimistic scenario envisions a continued upward climb beyond current highs, driven by persistent institutional inflows and favourable regulatory developments. However, given signs of short-term overextension and waning upside momentum on the daily chart, this outcome appears less likely in the short term. There is the risk of a deeper, prolonged correction, particularly if macroeconomic headwinds or regulatory setbacks dampen sentiment. While not impossible, this scenario is seen as less probable for now, given strong underlying fundamentals such as limited BTC supply and sustained demand from ETFs. A more probable, base-case scenario is a modest correction toward support levels, followed by a resumption of the broader uptrend. Such a pullback would allow the market to consolidate and establish a stronger foundation, ultimately preserving the bullish structure while shaking out weak hands. Kar Yong Ang comments: 'Bitcoin looks a little stretched right now, and you can see it struggling to punch clean through resistance at the highs. A pullback into the $112,000–105,000 area would actually be healthy—that's where smart money will likely step back in. The fundamentals are still stacked in Bitcoin's favour: supply is tight, ETFs money keeps flowing, and regulatory progress is finally breaking through'. ___ Disclaimer: This press release does not contain or constitute investment advice or recommendations and does not consider your investment objectives, financial situation, or needs. Any actions taken based on this content are at your sole discretion and risk—Octa does not accept any liability for any resulting losses or consequences. Hashtag: #Octa The issuer is solely responsible for the content of this announcement. Octa Octa is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including improving educational infrastructure and funding short-notice relief projects to support local communities. In Southeast Asia, Octa received the 'Best Trading Platform Malaysia 2024' and the 'Most Reliable Broker Asia 2023' awards from Brands and Business Magazine and International Global Forex Awards, respectively.

Custom Consoles MDesk-Technical HA workstation to make IBC debut
Custom Consoles MDesk-Technical HA workstation to make IBC debut

Broadcast Pro

time2 hours ago

  • Broadcast Pro

Custom Consoles MDesk-Technical HA workstation to make IBC debut

The MDesk-Technical HA features sturdy aluminium legs, high-strength CDF build, LED lighting, cable trays with ports and under-desk power sockets for equipment. Custom Consoles will promote its full range of broadcast control room and production suite furniture at IBC 2025, Amsterdam, 12-15 September. The company has nearly three decades of experience in developing and producing technical control furniture for a customer base which includes television and radio channels as well as media production service providers in Britain, mainland Europe and around the world. Making its first IBC appearance will be the MDesk-Technical HA height-adjustable workstation. 'M-Desk Technical is an industry-proven design developed for use in control rooms and related locations where there is no requirement to house large equipment within the body of the desk,' commented Gary Fuller, sales manager. 'MDesk-Technical HA has an electrically motorised desktop which can be raised or lowered between 66 and 125 cm above floor level. Operators can choose their preferred height or transition between seated and standing work modes. Total lifting capacity is 400 kg, meeting practically any control room or postproduction suite requirements.' The MDesk-Technical HA feature set includes robust extruded aluminium legs, high-strength CDF construction, LED lighting at the front and sides and in the footwell, desktop cable trays feeding work-surface cable ports, plus under-side power sockets for desktop equipment. Available options include personal or PC storage, a wide choice of worktop surface finishes, freestanding 19 inch desktop pods and desktop induction pads to charge mobile devices. Also on Custom Consoles' IBC stand will be a latest-generation desk in the Modular-R series. 'One of the most successful product ranges in our entire portfolio, Module-R allows customers to select the exact features needed for their current workflow,' added Neil Reed, Managing Director. 'The desks are also highly futureproof as they can be modified or extended easily to allow changes in location, staff numbers or workflow.' Module-R elements include single-bay, dual-bay and triple-bay desk sections with front or rear access, work surfaces in matching widths, corner desk sections with integral worktops, slide-out keyboard drawers, equipment pods, storage pedestals and equipment bays. Also available is Module-R Lite, a space-saving version with a front-to-back depth of only 95 cm compared with the 120 cm of Module-R. Complementing Custom Consoles' IBC 2025 stand will be an example of the MediaWall video and audio monitor support frame system which offers the same combination of structural rigidity and operational versatility as Module-R desks. MediaWall is fully adjustable to ensure optimal sight lines. Individual or multiple frames can be used in self-supporting mode or coupled directly to the studio wall. Flat-screen video displays of practically any size can be accommodated in almost any configuration. Video display screens can be positioned so that the edges meet exactly to form a continuous horizontal display limited only by the monitor panel bezel. Monitor signal and power cables are fully concealed and can enter or leave the structure at any desired point. Enhancements in the latest version include narrower front-to-back depth, reduced from 60 to 50 cm. Stand 10.A42

PRCA Thailand Conference 2025 to Explore 'AI: Truth, Trust and Thailand'
PRCA Thailand Conference 2025 to Explore 'AI: Truth, Trust and Thailand'

Arabian Post

time3 hours ago

  • Arabian Post

PRCA Thailand Conference 2025 to Explore 'AI: Truth, Trust and Thailand'

BANGKOK, THAILAND – Media OutReach Newswire – 24 July 2025 –As artificial intelligence redefines how stories are told, trust is built, and reputations are managed, PRCA Thailand is calling on communicators, business leaders, and curious minds to join a first-of-its-kind national conversation. The inaugural PRCA Thailand Conference will take place on 6th August 2025 at SCBx NEXT Tech, Siam Paragon, under the theme 'AI: Truth, Trust and Thailand.' This bilingual, half-day event offers a rare opportunity to hear from Thailand's top PR, tech, and business leaders as they unpack what AI means for the future of communication. From deepfakes and data ethics to real-world PR case studies and insights into Thai public opinion, the conference will equip attendees with fresh perspectives, practical tools, and expert guidance for navigating the AI era with clarity and integrity. At the heart of the programme is the launch of a new PRCA APAC x YouGov study, revealing how AI is already influencing trust, media, and behaviour in Thailand. The findings will be presented by Wiwat (Alee) Khamsawai and Krishkanok (Kayla) Nima of Vero. ADVERTISEMENT Following this, a special fireside chat will feature Media OutReach Newswire, Founder and CEO Jennifer Kok and Dr. Karine Lohitnavy, Chair of PRCA Thailand and Founder of Midas PR. As the event's Gold Sponsor, Media OutReach Newswire will lead the discussion titled 'Viva La Press Release! Old Format, New Tech.' This dynamic session will explore how digital transformation is breathing new life into the traditional press release, expanding its reach, deepening its impact, and redefining its role in today's AI-powered communications landscape. Speaker Narongyod Mahittivanicha, Founder of TWF Agency and Vice President of the Artificial Intelligence Association of Thailand, will explore how AI is transforming PR strategy at every level, from content to crisis management. Dynamic panel sessions will follow, featuring leaders from Xponential Co, Microsoft Thailand, SCBx, and Predictive, with moderation by respected industry voices including Edelman Thailand's Vorasit Turongsomboon and digital creator Tossapol Leongsuppon. Dr. Karine Lohitnavy, Chair of PRCA Thailand and Founder of Midas PR, commented: 'This conference comes at a pivotal moment for the communications industry in Thailand. AI is rapidly influencing how people perceive truth, build trust, and engage with information. Through data, discussion, and thought leadership, this event will help PR professionals, decision-makers and those on the front lines of communications, in all its forms, to better understand and respond to these shifts.' Conference Details: Date: 6 August 2025 Time: 1:30 PM to 5:30 PM Venue: SCBx NEXT Tech, Siam Paragon, Bangkok The PRCA Thailand Conference 2025 highlights PRCA Thailand's commitment to promoting ethical, innovative, and locally relevant communications practices in Thailand, as well as fostering dialogue on emerging technologies that are shaping the future of the industry. For more information and tickets, visit: Hashtag: #PRCA The issuer is solely responsible for the content of this announcement. About PRCA The Public Relations and Communications Association (PRCA) is the world's largest professional PR body. We represent more than 35,000 PR professionals in 82 countries worldwide, and we are a global advocate for excellence in public relations. PRCA APAC was founded in 2018 to further our growth across the APAC region. Our mission is to create a more professional, ethical and prosperous PR industry. PRCA Thailand is building a community for PR and communications pros to level up. Through expert training and exclusive events, it helps boost skills and deliver real results. By connecting professionals and raising industry standards, PRCA Thailand is shaping the future of communications. It fuels collaboration and ensures PR's voice is heard loud and clear across Thailand's economy.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store