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MPA contract extended to continue delivering the transformational Hudson Tunnel Project, the most urgent rail project in United States

Hudson Tunnel Project Proves that America is Building Again

NEW YORK, Oct. 1, 2025 /PRNewswire/ — MPA Delivery Partners, the joint venture of Mace, Parsons Corporation (NYSE: PSN), and Arcadis (EURONEXT: ARCAD) announced today that the team has been awarded a $665 million, 4.5-year contract extension by the Gateway Development Commission (GDC) to continue managing the successful delivery of the Hudson Tunnel Project (HTP).

The HTP is progressing on-schedule and expected to create more than 95,000 jobs around the United States and generate more than $19 billion in economic activity. In addition to the thousands of talented employees in the New York/New Jersey region, the project is driving demand for U.S. suppliers of steel, aggregates, rail and track, and ventilation systems. Companies from North Carolina, Texas, Pennsylvania, Ohio, Alabama, Colorado, and Tennessee are benefiting from the Hudson Tunnel Project, unlocking the power of American ingenuity, and proving that the country is building again. With multiple active construction sites managing different portions of the HTP, the project is on-schedule for the new Gateway Tunnel completion in 2035, and the existing tunnel’s rehabilitation by 2038.

“This is a once-in-a-generation project and a true collaboration between the public and private sectors that will serve as a model for delivering future mega-infrastructure projects around the world,” said Joe Marie, senior project executive for MPA Delivery Partners. “We are united in our goal of successfully completing this critical project, which will transform the Northeast Corridor and deliver billions of dollars of economic growth to the U.S. economy. GDC and MPA function as a fully integrated partnership, working closely together to ensure the Hudson Tunnel Project is completed on time and within budget.”

The Hudson Tunnel Project is the cornerstone of the Gateway Program and is widely considered the most urgent rail infrastructure project in the United States. The transformational project involves building a brand new two-tube rail tunnel under the Hudson River and rehabilitating the existing 115-year-old tunnel as well as nine miles of new passenger rail track between New York and New Jersey to improve passenger rail service and enhance the reliability of the Northeast Corridor. These improvements will accelerate economic prosperity and growth around the country while improving long-term reliability and redundancy of the regional and national rail networks for NJ TRANSIT and Amtrak. Ultimately, the Hudson Tunnel Project will establish a new 100-year legacy of engineering excellence built by and for America.

MPA was selected as the delivery partner on the project in February 2024. The delivery partner model has an internationally proven track record for helping public agencies deliver large-scale infrastructure projects. The collaborative delivery partner model has an internationally proven success record for helping public- and private-sector organizations deliver large-scale capital projects with benchmark efficiency and socioeconomic benefits.

ABOUT ARCADIS

Arcadis is a leading global partner driving some of the most transformative projects of our time. We help clients make sustainable choices by combining digital innovation, human expertise, and future-focused skills across environment, energy, water, buildings, transport, and infrastructure sectors. Taking design, engineering, architecture and consultancy to the next level, we use data-driven insights to co-create environments that reflect our clients’ business and stakeholder needs. With over 35,000 people, we unite global expertise to tackle challenges like climate, energy security and diversification, and livable cities, improving quality of life through our presence in 30+ countries. In 2024, we achieved €5.0 billion in gross revenues. Learn more at www.arcadis.com 

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TricorBraun Releases 2024 Sustainability Report

ST. LOUIS, Oct. 1, 2025 /PRNewswire/ — Global packaging leader TricorBraun has released its 2024 Sustainability Report, detailing the company’s continued commitment to driving ethical, responsible, and sustainable practices for the benefit of its team members, customers, communities, and the planet.

“This year’s report shows how far we’ve come, not only in pursuing more challenging sustainability goals, but in building the data sophistication needed to measure and manage them with greater precision, especially around greenhouse gas emissions,” said Liz Futch, Director of ESG Strategy and Programs, TricorBraun. “At the same time, our team continues to lead with purpose, driving sustainable innovation in all areas of our business that support our customers and communities. Our journey is evolving, and we remain deeply committed to creating lasting positive impact through responsible business practices.”

Highlights from TricorBraun’s 2024 Sustainability Report include:

  • Reaffirming its commitment to source 100% of the electricity used across its North American operations through the purchase of Renewable Energy Certificates (RECs). Expanding this approach internationally by sourcing 100% of its EU electricity use and 56% of its UK electricity use from renewable sources, surpassing its goal of achieving at least 50% in these regions.
  • Elevating its ESG governance structure by launching a new data platform, conducting independent assurance of its emissions inventory, and committing to the Science Based Targets initiative (SBTi).
  • Achieving top-tier ESG recognition, maintaining its EcoVadis Silver Medal, while ranking in the top 6% of all submissions globally.
  • Launching sustainable packaging innovations across materials, including paper, plastic, metal, and flexible substrates, enabled by its substrate-agnostic model and deep industry knowledge.
  • Expanding its Zero Waste initiatives, achieving validation at several sites, and launching regional diversion programs that are already producing measurable environmental benefits.
  • Strengthening its commitment to people by investing in training, development and recognition programs that help team members thrive and by fostering a culture where excellence is celebrated.

About TricorBraun
Founded in 1902, TricorBraun is a global packaging leader. We leverage our scale, comprehensive scope and unparalleled expertise to solve customers’ complex packaging problems and help them win in the marketplace. TricorBraun is composed of more than 2,000 packaging professionals operating from more than 100 locations across the Americas, Europe, Asia and Australia.

Two in five Aussie homeowners neglect regular maintenance, Allianz study reveals

  • Two in five (40 per cent) Australian homeowners admit to taking a “set and forget” approach to maintenance, putting their homes at risk of preventable damage and claims, according to Allianz’s new Home Care Report.
  • At the same time, home claims are increasing with Allianz managing more than 78,000 home-related claims in 2024 (excluding those caused by natural catastrophes) – a near 5% increase on 2023.
  • Many homeowners are more focused on creating a space that looks and feels personal, with 39 per cent prioritising visual appeal and 35 per cent adding personal touches over routine maintenance.
  • Allianz is calling on Australian homeowners to prioritise essential home maintenance, with simple, practical actions that may help to reduce preventable claims and protect their homes and insurance coverage.
  • To help reduce this maintenance gap, Allianz’s Home Care Report provides practical home maintenance tips. Allianz has also been trialling a new Home Health Check service, designed to help homeowners identify and address issues early, boosting homeowners’ confidence in the resilience of their homes.

SYDNEY, Oct. 1, 2025 /PRNewswire/ — Australians feel a sense of care towards homeownership, often taking great pride in their homes, and viewing them as a reflection of hard work and a place to build memories. Yet new research commissioned by Allianz Australia shows that while most homeowners (94 per cent) understand the risks of neglecting home maintenance, and almost 90 per cent agree maintenance is worthwhile, turning good intentions into consistent action remains difficult, with time, cost and effort often getting in the way.

Allianz Home Care Report infographic
Allianz Home Care Report infographic

A surprising number of homeowners are taking a “set and forget” approach, with two in five (40 per cent) admitting they don’t maintain their homes regularly, or at all. In fact, only 16 per cent act when they remember and 12 per cent when someone else prompts them, meaning small issues can easily slip through the cracks. This reactive mindset often leads to minor problems becoming expensive repairs, particularly in areas like water leaks and roofing, where early fixes are far more affordable. For example, Allianz recorded more than 19,000 claims involving burst pipes and water damage, some of which may have been avoided with basic maintenance, such as changing a flexi hose, checking seals, or replacing ageing fixtures.

The research also found that home ownership is not without its challenges for Australians, with a notable minority describing it as a long-term source of stress. Cost-of-living pressures and upkeep responsibilities are key stressors, with 35 per cent of surveyed homeowners citing financial strain and around a third (32 per cent) pointing to ongoing maintenance as a reason for feeling disengaged with owning a home. The findings demonstrate a strong opportunity to help educate Australian homeowners and encourage a shift from reactive to preventative care, making home maintenance less stressful and more manageable and cost-effective over time.

With the volume of home-related claims rising, it’s also an important reminder of the responsibility of homeowners to maintain their homes under their insurance policy. With most insurers having a general exclusion for ‘wear and tear’, the financial impact for home owners could be significant if issues aren’t addressed early. For example, while insurance may cover damage from an insured event such as a hailstorm, it may not cover damage from issues that have developed over time as a result of wear and tear or lack of maintenance.

To help homeowners bridge this maintenance gap, Allianz has launched its first Home Care Report, a free online resource that explores both the immediate and long-term impacts of home care and general maintenance. The report goes beyond highlighting the risks of neglect, offering handy tips and practical advice from Allianz and property industry  professionals. It provides simple, easy-to-action steps homeowners can take to better maintain their properties, reduce the likelihood of costly damage, and save on expenses over time. 

Allianz has also been trialling its new Home Health Check service throughout 2025, with positive feedback from customers paving the way for potentially broader availability in 2026. The Home Health Checks have been carried out in over 200 customers’ homes and include interior and exterior inspections, leak detection, mould assessment, drainage checks, and evaluation of taps, fixtures, and flexi-hoses. The offering was developed to address a clear gap in the market, informed by Allianz claims data, that showed customers may be able to avoid some home insurance claims by staying on top of simple and inexpensive maintenance, saving them time, inconvenience, and money.

“At Allianz, we deeply care about our customers and understand that their homes are more than just assets, they’re spaces our customers take great pride in and where they create memories and feel safe. We also understand that keeping up with maintenance can be challenging, from a time, cost and know-how perspective,” said Shez Ford, Chief General Manager Consumer, Allianz Australia.

“That’s why helping our customers protect their homes is so important to us. Through initiatives like our Home Care Report and Home Health Check program, we’re offering practical guidance that may help homeowners prevent costly damage, and improve the maintenance of their homes, ” concluded Shez.

Leading property renovator and founder of Ace Properties Agency, Rebecca Cardamone, added, “When assessing homes, we often come across issues such as water damage, leaking pipes or mould, which are problems that could have been prevented with simple, routing upkeep. Not keeping up with maintenance not only increases risks of incidents but also undermines a property’s long-term value. Regular and proper maintenance protects a home’s immediate liveability as well as saving customers time, inconvenience, and money by preventing repairs from needing to be made.”

The study also found generational differences, with younger and newer homeowners tending to show greater diligence, while more experienced owners are more likely to admit lapses when it comes to home maintenance.

Adding to the challenge is a shift in priorities. Four in five surveyed homeowners (78 per cent) say their approach to maintenance has changed since buying their first home, with more focus on visible upgrades, like new appliances or aesthetic improvements, rather than essential maintenance. Social media also plays a role: 24 per cent say it influences how they manage their homes, and 15 per cent admit they now prioritise looks over long-term upkeep.

With many homeowners delaying upkeep until problems escalate or prioritising aesthetic improvements, Allianz is encouraging Australians to take a proactive approach to essential home maintenance. By addressing small issues early, homeowners can better protect their homes and avoid unnecessary costs.  

For more information visit allianz.com.au/prevention.

About the research:
The research was commissioned by Allianz and conducted by YouGov in accordance with the Australian Polling Council standard. The survey is a nationally representative sample comprising 1,007 Australian homeowners aged 18 years and older, conducted online between 13 August and 18 August 2025.

About Allianz Australia:

Allianz Australia delivers a wide range of personal, commercial, and corporate insurance products and services to more than 4 million policyholders. It also provides support for workers compensation insurance to around 25 per cent of the top 200 ASX companies, making it one of the leading workers compensation insurers in Australia.

Website     Facebook     Instagram     Twitter     YouTube

 

 

/C O R R E C T I O N — LG Electronics/

In the news release, LG’s Radio Optimism Campaign Inspires People to Share Their Love with Family and Loved Ones Through One-of-a-Kind AI Songs, issued 25-Sep-2025 by LG Electronics over PR Newswire, the headline, should read “LG REAFFIRMS UNIVERSAL VALUE OF LIFE THROUGH AI POWERED BRAND CAMPAIGN” rather than the headline incorrectly transmitted by PR Newswire. The complete, corrected release follows:

LG REAFFIRMS UNIVERSAL VALUE OF LIFE THROUGH AI POWERED BRAND CAMPAIGN

LG’s Radio Optimism Campaign Inspires People to Share Their Love with Family and Loved Ones Through One-of-a-Kind AI Songs

SEOUL, South Korea, Sept. 25, 2025 /PRNewswire/ — LG Electronics (LG) today announced the success of its AI-powered Radio Optimism campaign, which revealed a universal truth: despite the rapid advances in technology, love and gratitude toward family and loved ones remain life’s foremost priorities.

Available in six languages, the creative platform inspired people globally to create more than 700,000 personalized songs. These AI-generated tracks – listened to and shared over 1.5 million times – underscored the enduring importance of human connection across cultures.

Radio Optimism underscored the enduring importance of human connection across cultures.
Radio Optimism underscored the enduring importance of human connection across cultures.

Designed to counter the sense of disconnection often associated with social media, Radio Optimism invited users to write a message to a loved one, select a genre and vibe, and generate a one-of-a-kind AI song. By turning music into a heartfelt gesture, the campaign brought LG’s Life’s Good brand promise into the digital spaces where people most often connect.

Expressions of love proved most prominent, appearing in over 30 percent of the songs, followed by messages of gratitude and encouragement. Family emerged as the most frequent recipient, followed by friends, reaffirming that when it comes to care and affection, people turn first to those closest to them.

The campaign drew an overwhelming response, generating over 30 million social engagements worldwide and 2.4 billion views of its content. Partnerships with global and local influencers amplified its reach, including Australian father-daughter duo Ben and Zara, who created a special birthday song for Ben’s son, and Brazilian creator Jessie Shen, who created a touching song for her partner.

The campaign also captured unique cultural moments, such as sports fans crafting team anthems and pet owners dedicating songs to their companions, illustrating the evolving ways people express and share what matters most.

“Through this creative campaign, we believe we helped people rediscover the enduring values that remain unchanged even in times of change and volatility,” said Kim Hyo-eun, head of LG’s Brand Management Division. “It deeply resonated with people worldwide, reflecting the lasting value of Life’s Good. We will continue to engage with them, upholding this promise and inspiring optimism for a better life.”

The Radio Optimism campaign demonstrates how AI, when used thoughtfully, can strengthen emotional bonds in the digital age. By enabling users to create personalized songs trained on properly licensed music from original artists, LG upheld its commitment to responsible innovation while fostering a global movement of optimism and meaningful connection.

To learn more about the campaign or join in spreading Life’s Good message, please visit RadioOptimism.LG.com.

About LG Electronics, Inc.

LG Electronics is a global innovator in technology and consumer electronics with a presence in almost every country and an international workforce of more than 74,000. LG’s four Companies – Home Appliance Solution, Media Entertainment Solution, Vehicle Solution and the Eco Solution – combined for global revenue of over KRW 88 trillion in 2024. LG is a leading manufacturer of consumer and commercial products ranging from TVs, home appliances, air solutions, monitors, automotive components and solutions, and its premium LG SIGNATURE and intelligent LG ThinQ brands are familiar names world over. Visit www.LGnewsroom.com for the latest news.

Radio Optimism invited users to write a message to a loved one, select a genre and vibe, and generate a one-of-a-kind AI song
Radio Optimism invited users to write a message to a loved one, select a genre and vibe, and generate a one-of-a-kind AI song

 

The campaign drew an overwhelming response, generating over 30 million social engagements worldwide and 2.4 billion views of its content.
The campaign drew an overwhelming response, generating over 30 million social engagements worldwide and 2.4 billion views of its content.

 

 

APTO Releases Training Dataset to Enhance the Mathematical Reasoning Capabilities of Large Language Models (LLMs)

TOKYO, Oct. 1, 2025 /PRNewswire/ — As generative AI use continues to increase, accuracy has become the most important metric and a key factor in decisions around adoption and utilization. APTO is committed to supporting companies and organizations through high-quality AI data.


In recent years, the performance of LLMs has improved dramatically. However, in mathematical tasks that require multi-step calculations or strict answer formats, errors and formatting issues are still frequently observed. To address these challenges, we have developed and released a training dataset for LLMs designed to enhance reasoning and answer accuracy in mathematical problem-solving.

Background: Developing an LLM Dataset for Mathematical Reasoning

LLM developers and users have no doubt encountered the following challenges when dealing with mathematics:

  • The model does not output step-by-step calculations
  • It fails to follow the calculation process accurately and produces an incorrect answer
  • Responses not conforming to the required answer format, such as integers or fractions
  • Responses that do not show the problem-solving process (for example, omitting intermediate steps or outputting only the final answer)

In tackling complex mathematical problems, it is not uncommon to encounter outputs that disregard instructions or rules and fail to provide accurate answers.

We drew on our experience enhancing the reasoning abilities of LLMs to improve the accuracy of answers to mathematical problems. Based on this expertise, we developed a dataset of mathematical problems that includes complex reasoning processes.

About This Dataset

This dataset is mathematical reasoning data in JSON Lines format, created through a combination of machine generation and human review. It is designed for training PRMs (Process/Preference Reward Models) and includes not only the problem statement, correct answer, and generated responses, but also the reasoning process (Chain-of-Thought) and evaluation information for each step. This enables qualitative assessment of the reasoning process, rather than just a simple right-or-wrong judgment.

What Is Included in the Data Set?

  • problem (mathematical problems to be input)
  • expected_answer (used for automatic grading, evaluation, and format checking)
  • generated_answer (used for analyzing error patterns and extracting difficult cases)
  • answer_match (used for difficulty adjustment, stratified evaluation, and sampling control
  • step_evaluations: array; each element consists of {step_index, step_text, verdict} (using the text of each step and its correctness label to perform PRM/process supervision)
  • metadata.step_evaluation_category (eg: all_correct/partial_correct)

An Example of the Reasoning Process Breaking Down Midway

An example of the reasoning process breaking down midway.
An example of the reasoning process breaking down midway.

In this example, some of the geometric constraints are overlooked, and the range is limited only by the number-theoretic condition that “the area must be an integer.” As a result, configurations that should not be allowed are included, leading to the incorrect conclusion of a difference of 300. On the other hand, since the initial derivation is correct but the reasoning collapses at the end, this is categorized as partial_correct, a typical failure pattern.

(This is an example of an incorrect answer and constitutes only a part of the published dataset.)

We ensure quality by combining automated evaluation with human checks, covering both format compliance and the accuracy of final answers. The dataset we’re releasing includes 300 samples taken from the data used in training.

The Types of Questions

In order to prevent the reasoning process being skewed toward specific domains, we have divided the questions into the following categories:

  1. Calculus
  2. Algebra
  3. Geometry
  4. Probability, Statistics, and Discrete Mathematics

The Reasoning Process

‘Reasoning Process (Chain-of-Thought)’ refers to the step-by-step thinking involved in solving a mathematical problem.

The dataset structures this process into an appropriate sequence: reading the problem, carrying out calculations step by step, and arriving at the answer. Each problem includes at least two reasoning steps, with solution processes ranging from two to eight steps.

Data Performance Evaluation Results

A model trained on this dataset was evaluated for performance using the following AIME problem set as an external benchmark:

  • 2024 AIME (HuggingFaceH4/aime_2024) (*1)
  • 2025 AIME (math-ai/aime25) (*2)

The evaluation procedure is outlined below:

1. Fine-tuning using appropriate reasoning data for mathematical problem solving as training data.

This fine-tuning is a multitask approach that combines PRM (Process Reward Model) and CLM (Causal Language Modeling).

In the PRM task, we used step_evaluations.step_text from the dataset as input, and the verdict labels (“correct / incorrect / unclear”) as the training signal to classify whether each step was right or wrong. At the same time, we combined this with CLM (next-token prediction) to help the model maintain its ability to generate text. For training, we applied LoRA, which allowed us to fine-tune efficiently while keeping most of the base model frozen.

2. Evaluated answer accuracy on the AIME dataset before and after training. Since outputs can vary, each problem was answered four times, and the average score was compared.

To evaluate improvements in answer accuracy, we conducted evaluations on openai/gpt-oss-20b (*3), a model with strong mathematical performance.

When training was conducted on the above models, we observed an actual improvement of 10.0 points in answer performance.

Exam Year

No. of questions

Pre-Training Accuracy

Post-Training Accuracy

Margin of Improvement

2024

30

26.7 %

36.7 %

+10.0pt

2025

30

33.3 %

43.3 %

+10.0pt

Using data that includes complex calculation steps not only improved accuracy in mathematical reasoning tasks but also helped prevent breakdowns in step-by-step calculations.

This dataset is available on Hugging Face (see below)

https://huggingface.co/datasets/APTOinc/llm-math-reasoning-dataset 

For our existing clients, this will be delivered shortly via our email newsletter.

Future Dataset Development

In areas that require logical reasoning, it’s important not only to reach the right answer but also to clearly understand and reproduce the steps that lead there. As a result, approaches that emphasize the quality of the reasoning process itself are gaining attention. (*4)

Because LLM technology is advancing at a rapid pace, we believe it is necessary to develop datasets for other fields as well, datasets that enable models to accurately follow step-by-step processes, while keeping in mind constantly shifting needs and technical challenges.

We are developing new datasets in line with future technology trends and customer needs. We hope these will help accelerate your AI development and further improve accuracy.

Sources:

*1: https://huggingface.co/datasets/HuggingFaceH4/aime_2024 

*2: https://huggingface.co/datasets/math-ai/aime25 

*3: https://huggingface.co/openai/gpt-oss-20b 

*4: The Lessons of Developing Process Reward Models in Mathematical Reasoning (2025), https://arxiv.org/abs/2410.17621 

About APTO

We provide AI development support services that focus on data, the factor that has the greatest impact on accuracy in any AI development. Our offerings include:

  • harBest, a data collection and annotation platform that uses crowd workers;
  • harBest Dataset, which accelerates the preparation of data often considered a bottleneck in the early stages of development;
  • harBest Expert, which improves data accuracy by incorporating expert knowledge.

By supporting AI development that might be restricted due to data-related challenges, we have earned recognition from many enterprises both in Japan and abroad.

Deals Exceeding RMB 2 Billion Follow SANY’s Showcase of Integrated Green Solutions at Mining Indonesia 2025

BEIJING, Oct. 1, 2025 /PRNewswire/ — From September 17 to 20, 2025, SANY Group presented its latest large-scale mining equipment and advanced manufacturing technologies at Mining Indonesia 2025 in Jakarta. The exhibition highlighted SANY’s integrated portfolio of high-capacity and electric-powered solutions, highlighting the company’s commitment to operational reliability, safety, and long-term sustainability in mining operations.

 

SANY Showcases Integrated Green Solutions at Mining Indonesia 2025

Next-Generation Equipment Featuring Clean Energy Advancements

SANY introduced a new lineup of state-of-the-art mining machinery engineered to meet Indonesia’s diverse operating conditions and align with its decarbonization priorities. Designed to support the full mining cycle—from initial excavation through haulage and supporting infrastructure—the portfolio reflects SANY’s continued leadership in delivering dependable, high-performance equipment.

Key introductions for open-pit applications included the SY750 and SY1250H mining excavators, along with the SKT130S mining truck. These units combine high-output powertrains with designs focused on fuel efficiency and reduced environmental impact. SANY also unveiled a full suite of electric-powered models—including haul trucks, tractors, and loaders—providing zero-emission options to support the Indonesian mining sector’s efforts to modernize and decarbonize. Together, these offerings highlight SANY’s growing expertise in clean-energy mining solutions.

Expanding Local Partnerships to Support Long-Term Growth

During the event, SANY strengthened its market presence by finalizing agreements with leading Indonesian mining operators, representing more than RMB 2 billion in new business—the company’s strongest performance to date at this exhibition. Since entering the Indonesian market in 2008, SANY has delivered more than 43,000 machines, including 26,000 excavators currently in active service. This track record is supported by a workforce that is predominantly locally hired. SANY’s strategy for sustained growth includes local production and service capacity. Its Indonesian “Lighthouse Factory”—the first in the global construction and mining equipment industry to apply Chinese smart manufacturing standards abroad—has become a model for the application of digitalized and automated production systems worldwide. “SANY delivers the performance and service reliability our operations require, from equipment durability to responsive after-sales support,” said a procurement director from a major Indonesian mining company during the contract signing.

Looking ahead, SANY Group will continue to support Indonesia’s infrastructure and sustainable mining initiatives. By expanding its regional product portfolio and service network, the company aims to provide greater value and long-term reliability through its manufacturing and technology expertise.

 

WSPN and dtcpay to Launch WUSD Card, Expanding Digital Payment Accessibility

TORTOLA, British Virgin Islands, Sept. 30, 2025 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN), a leading provider of next-generation stablecoin infrastructure, and dtcpay, a regulated Major Payment Institution, are pleased to announce an upcoming collaboration to launch the first-of-its-kind WUSD Card to the market. This new payment solution will enable users to fund their cards with either WUSD stablecoins or USD, providing enhanced flexibility in digital payments.

WUSD Card
WUSD Card

This collaboration marks a major step in WSPN’s mission to make stablecoin technology part of everyday life. By launching as a Visa card, the WUSD Card will be accepted at millions of merchants worldwide, bringing stablecoins directly into real-world commerce.

The WUSD Card will offer flexibility for users, addressing the diverse needs of both crypto-native users and those transitioning from traditional financial systems. This dual-funding capability makes digital payments more inclusive and user-friendly, allowing customers to choose the funding method that best suits their preferences.

“The WUSD Card represents our commitment to driving the productization of stablecoins into real-world financial products,” said Raymond Yuan, Founder & CEO of WSPN. “As stablecoins transition from novel payment instruments to integrated financial solutions, we’re focused on standardizing these use cases for scalable, global impact. This card initiative with dtcpay exemplifies how we’re embedding stablecoin technology into practical, everyday products that enterprises and consumers can rely on.”

“With the WUSD Card, we’re proving that stablecoins are no longer just a concept — they are real, reliable, and ready for everyday use. Our partnership with WSPN sets a new standard for how digital and traditional finance come together, ” said Band Zhao, Group Chairman of dtcpay.

Detailed information about the WUSD Card features, availability, and launch timeline will be revealed in upcoming announcements. Stay tuned for more developments in this collaboration.

About WSPN

WSPN is a leading provider of next-generation stablecoin infrastructure, dedicated to building a more secure, efficient, and transparent global payment ecosystem. Our flagship stablecoin, WUSD, is fully backed and pegged 1:1 to the U.S. Dollar, serving as the foundation for a suite of integrated financial solutions. These solutions support a range of financial applications from institutional treasury management to programmable payments and decentralized finance. With a strong focus on transparency, regulatory compliance, and user accessibility, WSPN bridges the gap between Web3 innovation and traditional financial systems, driving the global adoption of stablecoins at scale.

Learn more: www.wspn.ioX | LinkedIn

About dtcpay
dtcpay is a regulated Major Payment Institution (MPI) licensed by the Monetary Authority of Singapore (MAS) to conduct Digital Payment Token (DPT) services and other payment services under the Payment Services Act (PSA). As a leading provider of digital payment solutions, we pioneer the integration of stablecoin acceptance into traditional financial systems. With a vision to make global transactions seamless and sustainable, dtcpay empowers individuals and businesses to embrace the future of payments.

Learn more at dtcpay.com.

BRUNEI SUBSIDIARY OF GLOBAL ENERGY COMPANY, HIBISCUS PETROLEUM, EXPANDS GEP’S AI-DRIVEN PROCUREMENT SOFTWARE TO MANAGE SOURCE TO CONTRACT AND DRIVE NEW VALUE WORLDWIDE

  • The fast-growing oil & gas exploration and production company will leverage GEP’s platform digitize sourcing, supplier and contract management across its global energy operations.

CLARK, N.J., Sept. 30, 2025 /PRNewswire/ — GEP®, a leading provider of procurement and supply chain strategy, software and managed services to Fortune 500 and Global 2000 enterprises worldwide, today announced Hibiscus EP (Brunei) B.V. (HEB), a wholly owned subsidiary of Malaysia-listed Hibiscus Petroleum Berhad, has selected GEP SOFTWARE™ to digitize and unify its entire source-to-contract (S2C) process, encompassing sourcing, supplier management and contract management.

Hibiscus Petroleum Berhad, headquartered in Kuala Lumpur, operates across Southeast Asia, the UK and Australia, with a focus on monetizing producing oilfields and enhancing value from offshore assets. To streamline and automate its upstream procurement operations, HEB selected GEP SOFTWARE to establish a single, AI-powered platform for sourcing, supplier and contract management. Leveraging GEP’s prior experience with Hibiscus Petroleum Berhad, which already uses GEP’s sourcing module, the Brunei operation will accelerate deployment and integration with its existing ERP environment. The new system is expected to go live by late September 2025.

GEP SOFTWARE, recently named a Leader in the 2025 Magic Quadrant for Source-to-Pay (S2P) Suites, encompasses GEP SMART, the world’s best procurement software, GEP NEXXE, the next-generation cloud-native supply chain unified platform, and GEP GREEN to measure and advance sustainability. GEP SOFTWARE is powered by GEP QUANTUM, the industry’s leading AI-first, low-code platform. It enables clients to drive optimum efficiency, agility, visibility and actionable intelligence into all procurement, purchasing and supply chain functions while eliminating burdensome infrastructure and support costs to achieve maximum ROI.

About GEP SOFTWARE
GEP SOFTWARE™ provides award-winning digital procurement and supply chain platforms that help global enterprises become more agile, resilient, competitive and profitable. With beautifully rendered interfaces and flexible workflows, GEP® provides users fresh, intuitive digital workspaces that yield extraordinary levels of user adoption and meaningful gains in team and personal productivity. GEP products capitalize on machine learning and cognitive computing, advanced data, semantic technologies, IoT, mobile and cloud technologies, and are designed to incorporate continual innovations in technology. GEP’s software integrates quickly and easily with third-party and legacy systems, such as SAP, Oracle, Microsoft and all other major ERP and F&A software. And with superb support and service, GEP is an industry leader in customer satisfaction and loyalty. A leader in multiple Gartner Magic Quadrants, GEP’s cloud-native software and digital business platforms consistently win awards and recognition from industry analysts, research firms and media outlets, including Gartner, Forrester, IDC, Procurement Leaders and Spend Matters. GEP SOFTWARE is part of Clark, NJ-based GEP — the world’s leading provider of procurement and supply chain strategy, software and managed services. To learn more, visit www.gepsoftware.com.

Media Contact
Derek Creevey
Director, Public Relations
GEP
Phone: +1 732-382-6565
Email: derek.creevey@gep.com