Latest news with #DigitalIntelligence
Time of India
3 days ago
- Business
- Time of India
Telcos, banks review interface to record, review and revoke consent for receiving commercial calls, messages
Telecom companies and banks are developing a simple interface for consumers to record, review and revoke their consents for receiving commercial calls and messages . 'A major pilot project is underway to enhance consumer control over commercial communications by replacing unverifiable, offline consents for commercial communication with a secure digital consent framework ,' the Telecom Regulatory Authority of India ( TRAI ) said in a release on Tuesday. 'The new mechanism will enable the consumers to digitally register, review, and revoke consents through a simple, unified and tamper-proof interface,' it said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Egypt: Unsold Sofas at Bargain Prices (Prices May Surprise You) Sofas | Search Ads Search Now Undo The consent management module is the most critical piece for TRAI's regulation of preventing spam SMSes and calls. After years of delays in implementation, TRAI recently revamped the digital consent platform to address the challenges. The ongoing pilot includes telecom service providers and major banks such as SBI , PNB , ICICI, HDFC, Axis Bank , Canara Bank , and Kotak Mahindra Bank , and is coordinated by telecom and banking regulators . Four dedicated working groups will oversee technical, operational, and awareness-building aspects of the pilot, it said. Live Events Besides, TRAI also stressed on fast-tracking the migration of commercial calls on the newly introduced 1600-numbering series. 'Considering different scales of operation of entities, it was agreed that migration may be made in a phased manner based on the inputs provided by the sectoral regulators to TRAI,' it said. TRAI is also working with the Indian Cyber Crime Coordination Centre (I4C), DoT's Digital Intelligence Platform, and telecom operators' blockchain systems to enable real-time sharing of fraud and spam data. Mobile payments regulator NPCI has also joined the efforts of this joint committee in preventing fraud.
Malay Mail
17-07-2025
- Business
- Malay Mail
Chongqing Qianxin Foreign Trade and Economic Cooperation Group Co., Ltd(CFTEC) Hosts the Global Trade Partner Matching Conference
CHONGQING, CHINA - Media OutReach Newswire - 17 July 2025 - On July 16, the Global Trade Partner Matching Conference, organized by CFTEC and guided by the Chongqing State-owned Assets Supervision and Administration Commission and the Chongqing Overseas Chinese Federation, was successfully "Empowering with Digital Intelligence, Creating the Future Through Supply Chains," the event aimed to facilitate global trade partner exchanges, expand global trade resources, empower industries, and promote the construction of a cross-border digital trade platform included representatives from enterprises, institutions, and business associations from ten countries and regions, including Spain, Sweden, Kyrgyzstan, Kazakhstan, Thailand, Singapore, Malaysia, Vietnam, Myanmar, and Hong Kong, China, as well as officials from financial institutions, private enterprises, and relevant departments in Chongqing. Together, they embarked on a new chapter of economic and trade development filled with wisdom and Hanjie, chairman of CFTEC, noted that in the context of global economic integration, the stability and efficient operation of supply chains have become crucial for driving economic development. This conference provided participating enterprises with an international communication platform, helping them integrate more quickly into the global trade system and enhancing the competitiveness and risk-resilience of foreign trade enterprises. CFTEC will promote more practical cooperation, injecting new momentum into the collaborative development of global supply has been engaged in international trade for over 40 years, maintaining trade relations with more than 80 countries and regions. The organization boasts a large pool of versatile international trade talents and has established numerous cross-border trade brands, including Yumaotong, Yuoutong Cross-Border E-Commerce, and Yupin Yunjin. With an annual import and export capacity of $4 billion, it has repeatedly ranked among the top 500 Chinese enterprises, top 500 service enterprises in China, and top 100 enterprises in #CFTEC The issuer is solely responsible for the content of this announcement.
Zawya
17-07-2025
- Business
- Zawya
Chongqing Qianxin Foreign Trade and Economic Cooperation Group Co., Ltd(CFTEC) Hosts the Global Trade Partner Matching Conference
CHONGQING, CHINA - Media OutReach Newswire - 17 July 2025 - On July 16, the Global Trade Partner Matching Conference, organized by CFTEC and guided by the Chongqing State-owned Assets Supervision and Administration Commission and the Chongqing Overseas Chinese Federation, was successfully held. Themed "Empowering with Digital Intelligence, Creating the Future Through Supply Chains," the event aimed to facilitate global trade partner exchanges, expand global trade resources, empower industries, and promote the construction of a cross-border digital trade platform ecosystem. Attendees included representatives from enterprises, institutions, and business associations from ten countries and regions, including Spain, Sweden, Kyrgyzstan, Kazakhstan, Thailand, Singapore, Malaysia, Vietnam, Myanmar, and Hong Kong, China, as well as officials from financial institutions, private enterprises, and relevant departments in Chongqing. Together, they embarked on a new chapter of economic and trade development filled with wisdom and opportunities. Liu Hanjie, chairman of CFTEC, noted that in the context of global economic integration, the stability and efficient operation of supply chains have become crucial for driving economic development. This conference provided participating enterprises with an international communication platform, helping them integrate more quickly into the global trade system and enhancing the competitiveness and risk-resilience of foreign trade enterprises. CFTEC will promote more practical cooperation, injecting new momentum into the collaborative development of global supply chains. CFTEC has been engaged in international trade for over 40 years, maintaining trade relations with more than 80 countries and regions. The organization boasts a large pool of versatile international trade talents and has established numerous cross-border trade brands, including Yumaotong, Yuoutong Cross-Border E-Commerce, and Yupin Yunjin. With an annual import and export capacity of $4 billion, it has repeatedly ranked among the top 500 Chinese enterprises, top 500 service enterprises in China, and top 100 enterprises in Chongqing. Hashtag: #CFTEC The issuer is solely responsible for the content of this announcement. CFTEC
Associated Press
17-07-2025
- Business
- Associated Press
Chongqing Qianxin Foreign Trade and Economic Cooperation Group Co., Ltd(CFTEC) Hosts the Global Trade Partner Matching Conference
CHONGQING, CHINA - Media OutReach Newswire - 17 July 2025 - On July 16, the Global Trade Partner Matching Conference, organized by CFTEC and guided by the Chongqing State-owned Assets Supervision and Administration Commission and the Chongqing Overseas Chinese Federation, was successfully held. 1 Themed 'Empowering with Digital Intelligence, Creating the Future Through Supply Chains,' the event aimed to facilitate global trade partner exchanges, expand global trade resources, empower industries, and promote the construction of a cross-border digital trade platform ecosystem. Attendees included representatives from enterprises, institutions, and business associations from ten countries and regions, including Spain, Sweden, Kyrgyzstan, Kazakhstan, Thailand, Singapore, Malaysia, Vietnam, Myanmar, and Hong Kong, China, as well as officials from financial institutions, private enterprises, and relevant departments in Chongqing. Together, they embarked on a new chapter of economic and trade development filled with wisdom and opportunities. Liu Hanjie, chairman of CFTEC, noted that in the context of global economic integration, the stability and efficient operation of supply chains have become crucial for driving economic development. This conference provided participating enterprises with an international communication platform, helping them integrate more quickly into the global trade system and enhancing the competitiveness and risk-resilience of foreign trade enterprises. CFTEC will promote more practical cooperation, injecting new momentum into the collaborative development of global supply chains. CFTEC has been engaged in international trade for over 40 years, maintaining trade relations with more than 80 countries and regions. The organization boasts a large pool of versatile international trade talents and has established numerous cross-border trade brands, including Yumaotong, Yuoutong Cross-Border E-Commerce, and Yupin Yunjin. With an annual import and export capacity of $4 billion, it has repeatedly ranked among the top 500 Chinese enterprises, top 500 service enterprises in China, and top 100 enterprises in Chongqing. Hashtag: #CFTEC The issuer is solely responsible for the content of this announcement.
National Post
07-07-2025
- Business
- National Post
Wabtec to Acquire Frauscher Sensor Technology Group
Article content PITTSBURGH — Wabtec Corporation (NYSE: WAB) announced today that it has entered into a definitive agreement to acquire Frauscher Sensor Technology Group GmbH ('Frauscher'), a global market leader in train detection, wayside object control solutions and axle counting systems. The acquisition positions Wabtec for accelerated, profitable growth, and further strengthens the Company's Digital Intelligence business by adding highly attractive and complementary railway signaling technologies. Article content 'This strategic acquisition enhances Wabtec's current Digital Intelligence portfolio, our opportunities in a high potential market, and aligns with our Company's long-term growth strategy,' said Wabtec President and CEO Rafael Santana. 'Frauscher has an industry leading portfolio that offers a rare combination of innovative technology, sustained growth, and strong and resilient profitability.' Article content Wabtec is acquiring Frauscher for an enterprise value of €675 million in cash. The acquisition is anticipated to provide immediate shareholder value with an accretive growth profile, accretive Adjusted EBIT margins, accretive Adjusted EPS in the first year of ownership, and accretive return on invested capital (ROIC) over time. The purchase price reflects an estimated multiple of 12.4x projected 2025 EBITDA adjusted for projected run-rate cost synergies which Wabtec expects to be realized over a three-year period. Frauscher is expected to generate approximately €145 million of revenue in 2025 and expected growth will exceed Wabtec's average growth over the next five years. The transaction is subject to customary closing conditions and regulatory approvals. Article content 'Frauscher is a strong addition to the Digital Intelligence business, with a complementary product portfolio that supports our vision of maximizing the safety, efficiency, and capacity of the global rail network,' said Nalin Jain, President of Wabtec's Digital Intelligence Group. 'By combining our businesses, we will be able to deliver safety-critical insights through customized systems combining sensors with software and analytics, along with a comprehensive lifecycle services suite. Given Frauscher's significant presence in Europe and India, this acquisition will further strengthen our international growth strategy in these large markets.' Article content This strategic acquisition strengthens Wabtec's Digital Intelligence portfolio and further advances its penetration into the high growth railway signaling market. It also aligns with the Company's long-term vision of driving innovation, productivity, safety and reliability for its customers, while ensuring the integrity of mission critical assets, infrastructure, and supply chains on a global scale. Article content About Wabtec Article content Wabtec Corporation is revolutionizing the way the world moves for future generations. The Company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for 155 years and has a vision to achieve a sustainable rail system in the U.S. and worldwide. Visit Wabtec's website at Article content About Frauscher Article content Frauscher Sensor Technology Group offers innovative solutions for the individual requirements of customers worldwide in the field of axle counting and wheel detection. In doing so, Frauscher strives to provide the best possible support to system integrators and railway operators throughout the life cycle of products and beyond, giving them access to the information they need. With a worldwide network of locations and partners, Frauscher also guarantees a strong supply chain and optimum customer support around the globe. Article content Forward Looking Statement Article content This press release contains forward-looking statements within the meaning of the U.S. securities laws, including statements regarding the expected benefits of the Frauscher Sensor Technology Group, the anticipated synergies of the transaction, the expected impact on Wabtec's operational and financial performance, (including business growth opportunities and TAM), and certain projected financial results of Frauscher Sensor Technology Group. These statements and all statements other than historical facts constitute forward-looking statements concerning future circumstances and results and are sometimes identified by the words 'anticipate,' 'estimate,' 'expect,' 'outlook,' 'position,' 'project,' 'recur,' 'strategy,' and 'will' or other similar words or expressions. Forward-looking statements are based upon current plans, assumptions, estimates and expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. For more information on these risks, please refer to Wabtec's filings with the SEC. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (1) unexpected costs, charges or expenses resulting from the transaction; (2) uncertainty of the expected financial performance of Frauscher Sensor Technology Group and the combined company following completion of the transaction; (3) risks associated with the integration of Frauscher Sensor Technology Group and the potential for failure to realize the anticipated benefits and synergies of the transaction; (4) the ability of the combined company to implement its business strategy; (5) inability to retain key personnel; (6) changes in general economic and/or industry specific conditions; and (7) other risk factors as detailed from time to time in Wabtec's reports filed with the Securities and Exchange Commission. The foregoing list of important factors is not exclusive. Article content Article content Article content Article content Contacts Article content Wabtec Media Contact Article content Article content Tim Bader Article content Article content 682-319-7925 Article content Article content Article content Kyra Yates Article content Article content Article content
