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AI Account Launches Built-In Consolidation Feature Across 23 Countries Within Two Years, Covering ASEAN and Beyond

SINGAPORE, Aug. 7, 2025 /PRNewswire/ — AI Account, a Singapore-based cloud accounting software company, has launched a built-in consolidation feature now available in 23 countries—including all ASEAN markets and beyond.

AI-Powered Accounting Software Designed to Scale Global Businesses
AI-Powered Accounting Software Designed to Scale Global Businesses

The feature enables businesses with entities in multiple countries to automatically generate consolidated financial reports using AI Account alone.

“Consolidation across multiple countries has always been a challenge for growing businesses,” said Tommy Teo, Director of AI Account. “We built this feature to solve that pain point—so companies can manage regional operations more efficiently and stay compliant, all from one system.”

Where it’s available:
The feature is fully localized and live in: Australia, Bermuda, Brunei, British Virgin Islands, Cambodia, Canada, Cayman Islands, Hong Kong, India, Indonesia, Lao PDR, Malaysia, Maldives, Myanmar, New Zealand, Pakistan, Philippines, Singapore, Thailand, United Arab Emirates, United Kingdom, United States, and Vietnam.

Consolidation typically requires exporting data into spreadsheets or relying on external tools. AI Account removes that friction by embedding the functionality directly within its system. This significantly reduces the complexity of cross-border accounting and compliance for growing businesses.

AI Account is designed to help SMEs and multi-entity companies reduce accounting complexity, improve reporting accuracy, and scale with confidence.

To learn more, visit www.aiaccount.com

About AI Account
AI Account is Singapore-built cloud accounting software that uses AI and automation to deliver localized, intelligent, and compliant financial tools for businesses worldwide. Its mission is to simplify accounting processes across borders and empower companies to grow without operational bottlenecks.

AI Account Pte. Ltd.(UEN: 202205018W)

Singapore Office
101 Thomson Road, #06-00/01, United Square, Singapore 307591

 

 

SOUTH KOREA’S FIRST FULLY AUTOMATED MULTI-PRODUCT ORDER FULFILMENT DISTRIBUTION CENTRE FOR LOTTE CHILSUNG

SEOUL, South Korea, Aug. 7, 2025 /PRNewswire/ — Dematic, a global leader in supply chain automation, has announced the successful deployment of an advanced integrated logistics solution at Lotte Chilsung Beverage’s Bupyeong Logistics Centre. The installation marks a milestone for the region as the first fully automated, mixed case order fulfilment system in South Korea and the broader Asian beverage industry.

Photo Credit: Dematic
Photo Credit: Dematic

Lotte Chilsung, one of Korea’s largest beverage producers, consolidated four existing distribution facilities into a single logistics hub in Bupyeong. The site covers approximately 8,300 square metres, with a height of 42 metres and a capacity of 9,000 pallets. It services more than 1.2 million cases of beverages annually across convenience stores, e-commerce platforms, general retailers, and food & beverage providers.

Facing challenges including rising labour costs, worker fatigue and growing demand for small-batch, multi-product orders, Lotte Chilsung selected Dematic to design a solution that could address these pressures while also enabling precise, high-speed fulfilment within a limited urban footprint.

Dematic delivered a fully integrated system incorporating a high-density 40-metre Automated Storage and Retrieval System (AS/RS) for space efficient pallet storage, a sophisticated Dematic Multishuttle system for carton buffering and sequencing, robotic layer picking for automated layer handling, and RapidPall palletising cells that build optimised mixed case pallets. Additionally, an automated dispatch buffer equipped with pallet shuttle technology reduces staging space requirements and enables rapid truck loading. All components are centrally managed by the Dematic Warehouse Control System (WCS) that is seamlessly integrated with Lotte Chilsung’s enterprise systems.

Since go-live, the solution has significantly reduced manual processes, improved picking accuracy, and enhanced delivery responsiveness while providing real-time inventory visibility and traceability.

“In a market where small, mixed orders are the new norm, Dematic’s automated system has transformed our logistics operations,” said Shim Kyung-seop, Director of Lotte Chilsung’s Bupyeong Logistics Centre. “It has dramatically improved order accuracy, reduced delivery times and enhanced overall customer satisfaction, while also relieving the strain on our workforce.”

By implementing Dematic’s automated system, Lotte Chilsung has significantly improved logistics efficiency within a compact footprint, reducing its reliance on manual labour and lowering operational costs. The new system also provides real-time visibility into inventory and product movement, enabling stronger quality control and faster, more accurate responses to customer demands.

Michael Bradshaw, Vice President of Solution Development for Dematic Asia Pacific, noted that the system reflects the strength of Dematic’s long-standing partnership with Lotte Chilsung. “This is more than a technology deployment, it’s a landmark project that sets a new standard for beverage logistics in Asia. Our team designed a solution tailored to addressing Lotte Chilsung’s operational challenges, delivering measurable and sustainable business outcomes.”

The new facility represents a major step in Lotte Chilsung’s digital transformation and sustainability roadmap. With automation playing a growing role in its logistics strategy, the company plans to continue working with Dematic to develop future-ready supply chain solutions across Korea and beyond.

For more information about Dematic, visit dematic.com or follow us on LinkedIn, Facebook, Instagram, and X.

Goodstack Powers TikTok’s Global #TeamWater Fundraiser with MrBeast and WaterAid

SAN FRANCISCO, Aug. 7, 2025 /PRNewswire/ — Goodstack, the technology company powering giving for the world’s leading brands, is announcing a new fundraiser as part of their ongoing partnership with TikTok. They’re teaming up to launch a global campaign, #TeamWater, led by YouTube Creator MrBeast, in support of WaterAid. The fundraiser aims to raise $40 million by August 31 to bring clean water to 2 million people worldwide.

 

Mark Rober & MrBeast
Mark Rober & MrBeast

 

Spanning 31 countries, #TeamWater unites many of TikTok’s most influential creators in one of the largest creator-led fundraising efforts to date. Thanks to Goodstack’s technology, TikTok users can contribute directly within the app, turning content into real-world support for communities in need.

“This partnership between Goodstack, TikTok, and MrBeast is exactly what the future of giving looks like: fast, collaborative, and community-powered,” said Aylin Oncel, VP of Impact at Goodstack. “Our team at Goodstack is proud to provide the donation tools that help creators, nonprofits like WaterAid, and platforms like TikTok come together to drive massive global impact.”

Campaign Highlights:

  • $1 = Clean water for 1 person for 1 year
  • Goal:$40 million by August 31
  • Impact: 2 million lives changed

The #TeamWater campaign underscores the power of creators to drive collective action — and shows how TikTok can turn engagement into meaningful, measurable global change.

Join the Movement

Donate directly on TikTok: https://www.tiktok.com/t/ZT6yeH2Ws 

Read more here: newsroom.tiktok.com/en-us/tiktok-partners-with-mrbeast-on-teamwater-campaign-for-wateraid 

Media Enquiries

For press inquiries, please contact us at pr@goodstack.io.

About Goodstack

Goodstack is on a mission to revolutionize how the world does good by connecting companies, employees, and customers to causes through the largest purpose-driven network on the planet. Learn more at goodstack.io.

 

 

AML RightSource Named by Everest Group as a Leader in Financial Crime Compliance

CLEVELAND, Aug. 7, 2025 /PRNewswire/ — AML RightSource, the global expert solutions leader in financial crime compliance and third-party risk management, has been named a Leader in Everest Group’s Financial Crime Compliance Operations Services Peak Matrix® Assessment 2025.

Everest Group’s data-driven annual report evaluates service providers across key dimensions, including market impact and vision & capability. AML RightSource’s recognition as a Leader reflects its ability to deliver high-quality outcomes for clients, underpinned by a strong global delivery model and investment in technology, analytics, and subject matter experts.

AML RightSource’s CEO, Steve Meirink shared “We are proud to be recognized as a Leader in Everest Group’s 2025 PEAK Matrix® for Financial Crime Compliance Operations Services, especially in our first year of participation. This recognition reflects the strength of our global delivery model, the depth of our subject matter expertise, and our continued investment in advanced technology and analytics. It reinforces our vision to be the leading expert solutions provider that our clients and partners count on every single day to prevent financial crimes and increase transparency with third parties. As we work together to foster trust across the global financial ecosystem, we remain focused on making our local communities safer. This acknowledgment from Everest Group validates the impact of our mission and the dedication of our teams across the globe.”

In its report, Everest Group highlighted several strengths of AML RightSource, including:

  • Breadth of services across FCC value chain, including KYC, enhanced due diligence, transaction monitoring, fraud, and reporting
  • Use of AI and advanced analytics to improve efficiency and support better decision-making
  • Deep regulatory insight, expertise, and industry knowledge, enabling tailored solutions for banks, fintechs, and global corporations
  • Global delivery capabilities, with experienced teams in the US, Canada, UK, Europe, and Asia.

Being named a Leader by Everest Group is a strong endorsement of the outcomes we deliver and how we deliver them,” said Brad Breslin, EVP and Chief Delivery Officer at AML RightSource. “This recognition reflects our ability to scale high-quality compliance operations without requiring clients to expand their internal teams or tech stacks. From day one, we bring deep subject matter expertise, best-in-class technology workflows, and a global delivery model that ensures precision, efficiency, and resilience. Our placement across both market impact and vision & capability validates our clients’ trust in us to help them navigate complexity and deliver with confidence. This achievement is a direct result of the dedication, expertise, and passion of our global team. We’re proud to be setting the standard for excellence in FCC operations.”

In a market rapidly shifting from check-the-box compliance to risk-based orchestration, buyers are prioritizing partners who blend regulatory expertise with technology led investigation capabilities,” noted Dheeraj Maken, Practice Director, Everest Group. “Through a series of strategic acquisitions, AML RightSource has built a modular technology ecosystem that enhances key workflows across KYC, adverse media, and third-party risk management. Coupled with its focus on high-touch, SME-led delivery, these capabilities have contributed to its placement as a Leader in our Financial Crime and Compliance (FCC) Operations Services PEAK Matrix® Assessment 2025.”

This independent validation of AML RightSource’s leadership in financial crime compliance operations comes at a time when financial institutions are under growing pressure to address regulatory complexity, manage operational costs, and respond to emerging threats. AML RightSource continues to support clients through a combination of managed services, advisory expertise, and enabling technology.

About AML RightSource, LLC
AML RightSource is a global leader in financial crime compliance and risk management. We deliver tailored solutions through expert professionals and advanced technology, supporting AML, KYC, EDD, and more. With 6,500+ specialists worldwide, we help clients meet compliance demands and strategic goals. Learn more at www.amlrightsource.com

Disclaimer
Licensed extracts taken from Everest Group’s PEAK Matrix® Reports may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group’s PEAK Matrix® reports do not necessarily provide the full context of our research and analysis.  All research and analysis conducted by Everest Group’s analysts and included in Everest Group’s PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports.

Logo – https://laotiantimes.com/wp-content/uploads/2025/08/aml_rightsource_logo.jpg 

Daesang’s O’food Draws Thousands at Australia’s Largest University Festival

– Participated in the University of Sydney Welcome Fest on August 45, engaged with international university students

– Attracted around 10,000 daily visitorspraised for product sampling, digital content, and Gen MZ-focused marketing

SEOUL, South Korea, Aug. 7, 2025 /PRNewswire/ — Daesang announced on 7th that its global food brand O’food participated in Welcome Fest 2025 at the University of Sydney, one of Australia’s most prestigious universities.

Daesang Participated in the “University of Sydney Welcome Fest” on August 4–5
Daesang Participated in the “University of Sydney Welcome Fest” on August 4–5

Held August 4 and 5, the University of Sydney’s Welcome Fest is one of Australia’s premier university festivals, taking place twice a year at the start of each semester. The fun-filled event offers students opportunities to connect with peers and explore a wide range of campus programs and services. As the largest university event in the country, this year’s edition featured more than 180 booths, representing 56 brands and 111 University of Sydney-affiliated clubs. This semester’s festival drew an enthusiastic crowd of about 35,000 students.

O’food, as the only Korean brand participating, operated its own booth under the theme “O’food at O’Week” to strengthen its connection with the global Gen MZ demographic. Despite rainy weather, the booth drew long lines and lively engagement throughout the event, attracting over 10,000 visitors per day and demonstrating strong interest in Daesang’s global food brand.

During the event, O’food delighted students with tastings of ready-to-eat products, featuring locally produced dumplings and fried rice. Visitors also had the chance to receive freebies, such as cup tteokbokki and kimchi cup ramen. The convenience and bold flavour of these easy-to-prepare products proved especially popular among K-Food enthusiasts and international students living in dorms and off campus.

Marketing initiatives tailored to Gen MZ garnered positive feedback. Catering to their digital-savvy lifestyle, O’food provided a Google Maps-integrated “Where to Buy” guide showing local retail locations, TikTok-based interactive filters and challenges, branded merchandise, and a variety of engaging digital content. The booth also hosted Instagram follow events and a roulette game that awarded O’food ready meals as prizes. Participants who provided product feedback were entered into a drawing for a mystery gift box filled with O’food items, which added an extra layer of excitement and engagement.

Christal Sutiono and Sam McCredie, students who participated in the booth event, shared, “We’ve become interested in K-Food through various media channels, but apart from K-BBQ, we hadn’t had much exposure to Korean cuisine—and visiting a Korean restaurant felt a bit intimidating. At the event, we got to sample O’food products like kimchi fried rice and found the Google Maps guide showing where to buy them, along with simple cooking instructions. It made us feel confident about trying them out in our dorm.”

Jeff Choi, CEO of Daesang Australia, stated, “This was a valuable opportunity to engage directly with Gen MZ individuals from diverse backgrounds in Australia and effectively showcase the appeal of the O’food brand. We will continue introducing locally tailored products and content to build deeper intergenerational connections and strengthen our position as a fun and flavorful K-Food brand leader.”

Saasyan Rolls Out Parent Portal to Help Keep Students Safe Online–At School and Home

SYDNEY, Aug. 7, 2025 /PRNewswire/ — Saasyan has rolled out its new Parent Portal, now available to schools using its AI-powered student safety solution, Assure. The new tool helps families play a more active role in managing online risks outside school hours, supporting safer and more balanced screen use at home, and helping schools meet their obligations under the Online Safety Act 2021.

Today’s students spend more time online than ever, for learning, socialising, and entertainment. But that time comes with growing risks: exposure to inappropriate content, cyberbullying, screen overuse, and disrupted sleep. While schools are doing their part with in-class protections, keeping students safe online requires a shared effort.

The Parent Portal makes it easier for parents and carers to stay involved. With a clear, easy-to-use dashboard, families can set simple limits around internet use, helping to reinforce the expectations already in place at school.

“The Parent Portal gives families a better view into their child’s digital life,” said Greg Margossian, Founder and Managing Director of Saasyan. “It’s a practical way for parents to support the healthy habits students are encouraged to build in the classroom.”

What Parents and Schools Can Expect

Simple to Use No technical skills required, just a clean dashboard that provides parents with clarity and control.
Set Healthy Limits Manage access to apps, games, and websites during homework time or overnight.
In Sync with Schools Mirrors school-set boundaries for consistent messaging and support.
Secure by Design Only authorised guardians can access student data, with strong privacy protections in place.
Helps with Compliance Assists schools in meeting national online safety standards, including the Online Safety Act 2021.

Who It’s For

  • Schools looking to involve families in digital wellbeing
  • IT and wellbeing teams are working to create safer learning environments
  • Parents and carers who want to guide healthier digital habits at home

The Parent Portal is now available to schools across Australia using Saasyan Assure.

Media Contact:

Meg Hockey
Email: press@saasyan.com
Tel.: +61 2 8001 6632

About Saasyan

Saasyan creates AI-powered tools that help schools keep students safe online. Trusted by over 750 schools and supporting more than 450,000 students, Saasyan’s technology detects threats such as cyberbullying, self-harm risks, and exposure to harmful content, while working seamlessly with schools’ existing identity and cybersecurity systems.

NOTICE OF SETTLEMENT APPROVAL

DID YOU ACQUIRE SECURITIES OF TREVALI MINING CORPORATION BETWEEN OCTOBER 9, 2020 AND AUGUST 15, 2022, INCLUSIVE? A SETTLEMENT APPROVED BY THE SUPREME COURT OF BRITISH COLUMBIA MAY AFFECT YOUR RIGHTS.  YOU MAY NEED TO TAKE PROMPT ACTION.

VANCOUVER, BC and TORONTO, Aug. 7, 2025 /PRNewswire/ — KND Complex Litigation announces the final approval of the settlement in a securities class action brought on behalf of a class of shareholders of Trevali Mining Corporation (“Trevali“), in relation to the proceedings in the Supreme Court of British Columbia at Vancouver Registry, No. VLC-S-S-228113 (“Securities Class Action“) and No. S-226670 (“CCAA Proceedings“).

The Settlement provides for payment of $2.8 million in full and final resolution of the claims of the class members, and provides for full and final releases for the benefit of Trevali and certain of its former directors who were named Defendants in the Securities Class Action.  The Settlement is not an admission of liability, wrongdoing or fault on the part of the Defendants, all of whom have denied, and continue to deny, the allegations against them.

To apply for compensation, eligible class members must complete and submit a Claim Form by 11:59 p.m. Vancouver (Pacific) time by December 4, 2025.  Please visit the website of the Claims Administrator at http://trevalisettlement.com/ for further details and instructions, and to submit a Claim Form.

The Claims Administrator in relation to this Settlement in Concilia, and it may be contacted by phone at 1-888-343-9770 or by email at trevali@conciliainc.com.  Inquiries concerning the settlement administration and claims process must be solely directed to the Claims Administrator. 

The Toronto-based law firm of KND Complex Litigation is Class Counsel.  KND Complex Litigation has significant experience representing investors and consumers in securities class actions and complex litigation in multiple jurisdictions in Canada.  Class Counsel may be contacted at c/o Sage Nematollahi, trevali@knd.law

Sage Nematollahi, KND Complex Litigation, trevali@knd.law

TEDCO Announces Panel Discussion on Investing in Maryland’s Future: SSBCI in Action at 2025 Entrepreneur Expo

Entrepreneur Expo to spotlight SSBCI-backed investment funds driving Maryland’s innovation economy

COLUMBIA, Md., Aug. 7, 2025 /PRNewswire/ — TEDCO, Maryland’s economic engine for technology companies, announces the panel “Investing in Maryland’s Future: SSBCI in Action,” taking place at the upcoming 2025 Entrepreneur Expo at The Hotel at the University of Maryland on October 21, 2025.

Moderator: Jack Miner, TEDCO. Emily McMahan, AIN Ventures; Shalanda Armstrong, 100KM Ventures; Elias Mufarech, Collide Capital; Sarah Sheppard, Maryland Department of Commerce
Moderator: Jack Miner, TEDCO. Emily McMahan, AIN Ventures; Shalanda Armstrong, 100KM Ventures; Elias Mufarech, Collide Capital; Sarah Sheppard, Maryland Department of Commerce

“This session showcases both the power of public-private capital and the art of founder-investor engagement,” said Jack Miner, TEDCO’s chief investment officer. “We’re excited to give attendees an up-close look at how these investors evaluate opportunities and support Maryland’s growing innovation ecosystem.”

The two-part session will be moderated by Miner, beginning with brief investment thesis presentations from each fund, followed by a round of live startup pitches. The second half of the session features an interactive discussion where investors provide real-time feedback and highlight the critical skills and considerations that shape their decisions—from understanding tech stacks to budget planning.

Joining this session will be:

  • Moderator: Jack Miner, TEDCO
  • Emily McMahan, AIN Ventures 
  • Shalanda Armstrong, 100KM Ventures
  • Elias Mufarech, Collide Capital
  • Sarah Sheppard, Maryland Department of Commerce

Recently, TEDCO announced receiving an infusion of up to $50 million in funding from the U.S. Department of the Treasury’s State Small Business Credit Initiative (SSBCI). This funding supports recipients of TEDCO’s Venture Funds, Seed Funds and Social Impact Funds—along with the $10 million earmarked for the Venture Capital Limited Partnership (VCLP) Equity program. Of this amount, funding has been allocated to 100KM Ventures, AIN Ventures and Collide Capital. This session brings all three firms together to share their investment strategies and engage directly with Maryland-based entrepreneurs.

TEDCO’s Entrepreneur Expo is Maryland’s premier gathering for entrepreneurs, business owners, investors and thought leaders to connect, learn and be inspired. This year’s event promises a full day of interactive workshops, insightful discussions and dynamic pitches from emerging companies.

Don’t miss your chance to attend this “can’t miss” event! Tickets are limited, so secure your spot now and get ready for a day filled with learning, networking and inspiration.

About TEDCO
TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.

Media Contact
Tammi Thomas, Chief Development & Marketing Officer, TEDCO, tthomas@tedcomd.com
Rachael Kalinyak, Associate Director, Marketing & Communications, TEDCO, rkalinyak@tedcomd.com