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DYXnet Hosts its First Cross-Region Simulated Attack and Defense Exercise to Strengthen Cybersecurity Capabilities


HONG KONG SAR – Media OutReach Newswire – 15 January 2025 – As technology rapidly evolves, the number and complexity of cyberattacks have increased significantly. To enhance the response capabilities of its cybersecurity team in addressing various threats, DYXnet, a leading enterprise network service provider in Greater China, organized the “DYXnet Cyber Defense Exercise Competition 2025” yesterday (January 14), marking the company’s first cross-regional simulated attack and defense exercise. This event brought together cybersecurity elites from offices in mainland China, Hong Kong, and Taiwan, forming multiple “blue teams” tasked with defending against attacks from a “red team” led by DYXnet Hong Kong’s cybersecurity experts. The exercise provided DYXnet’s security team with invaluable experience, strengthening the overall incident response capabilities of its Security Operations Center (SOC) and enhancing the protection of clients’ networks and digital assets.

“DYXnet Cyber Defense Exercise Competition 2025” brought together cybersecurity elites from DYXnet’s teams in mainland China, Hong Kong, and Taiwan.

Training Cybersecurity Talent with Simulated Real-World Cyber Attacks
The simulated attack and defense exercise, also known as the purple team exercise, was organized by cybersecurity experts from DYXnet’s product and pre-sales departments. They created a simulated enterprise network within One Cloud Director’s controlled environment, acted as the red team attackers, and exploited the latest vulnerabilities and weaknesses. Meanwhile, eight defending blue teams, consisting of members from DYXnet’s SOC, Network Operations Center (NOC), and Quality and Service Management (QSM) departments, participated online. These teams developed defense strategies and employed techniques to detect incidents and respond promptly.

The simulated attacks included data breaches, suspicious internal communications, OWASP, enterprise application vulnerabilities, DDoS, and phishing emails. These scenarios tested the teams’ abilities in alert investigation, incident assessment, and response. The blue teams raced against time to solve the attack scenarios, requiring professional knowledge and familiarity with defensive measures, tools, and configurations to adapt to dynamic attack patterns. After three hours of intense competition, the team that responded most accurately and quickly was awarded the championship.

Joe Sze, the Director of Product and Services Management at DYXnet, stated, “Due to the increasing severity of cybersecurity threats, Hong Kong is considering new legislation for the ‘Protection of Critical Infrastructures (Computer Systems) Bill.’ This law will require critical infrastructure operators to implement measures safeguarding their computer information systems and enhancing overall security in Hong Kong. As a key player in the industry and a provider of cybersecurity services, DYXnet is dedicated to maintaining exceptional defense capabilities. We prioritize the training of cybersecurity professionals and consider purple team exercises essential training practices. These exercises allow our teams to engage in real-world scenarios, understand the latest attack trends and advanced persistent threats, and improve their response capabilities and teamwork. Ultimately, this enhances our overall cybersecurity posture.”

DYXnet's cybersecurity team in Hong Kong won second place in the Fortinet’s “Cyber Attack and Defense Competition 2024”
DYXnet’s cybersecurity team in Hong Kong won second place in the Fortinet’s “Cyber Attack and Defense Competition 2024”

Gaining Recognition for Professional Expertise in Industry Competitions
In the face of ever-evolving cyber threats, DYXnet is committed to staying ahead and providing clients with the most professional and reliable services. The cybersecurity team keeps up with the latest attack trends, conducts regular exercises, and actively participates in industry competitions, earning notable accolades.

At “The Cyber Attack and Defense Competition 2024” hosted by the global cybersecurity leader Fortinet last year, DYXnet distinguished itself among twelve competing teams from service providers in Hong Kong, achieving second place. The DYXnet team comprised four members: a cybersecurity consultant, a product manager, and two engineers. Each member focused on identifying vulnerabilities, formulating security strategies, assessing incidents, and executing technical solutions. Their extensive experience in daily operations enabled them to respond swiftly to various types of attacks during the competition. This achievement serves as a testament to the team’s capabilities and expertise.

Joe Sze noted, “The purple team exercises emphasize teamwork and time management, as real security incidents often require racing against the clock. DYXnet’s Managed Detection and Response (MDR) service provides enterprises with professional support, ensuring that our SOC team 24×7 monitors and responds promptly, maintaining clients’ business operations and minimizing impacts during security incidents.”

As DYXnet continues to enhance its cybersecurity offerings, the company remains dedicated to providing comprehensive cybersecurity solutions and managed services, including Secured SD-WAN, MDR, SASE, CloudShield, dark web monitoring, penetration testing, and vulnerability scanning, to meet the evolving needs of businesses.
Hashtag: #DYXnet #Cybersecurity


The issuer is solely responsible for the content of this announcement.

DYXnet

DYXnet, established in 1999 in Hong Kong, became a wholly-owned subsidiary of VNET Group (NASDAQ: VNET) in 2014. It is a leading ICT service provider in Hong Kong and the Asia Pacific region, delivering innovative technologies and solutions to enterprises of all sizes and helping them fully embrace digital transformation. DYXnet offers a comprehensive portfolio of services, including enterprise networks (MPLS and SD-WAN), cloud solutions, data center services, cybersecurity, and AI solutions, empowering businesses to realize their full potential.

As a pioneer in the ICT field, DYXnet operates over 200 PoPs worldwide, covering more than 700 cities and serving over 30,000 client sites. DYXnet was among the first ICT service providers in the region to obtain prestigious ISO certifications, including ISO/IEC 27001, ISO/IEC 20000-1, and ISO 9001. Additionally, DYXnet is one of the inaugural official members of the China Cross-border Data Telecommunications Industry Alliance and has played a crucial role as one of the initial drafting units for SD-WAN service standards.

To learn more, please visit DYXnet’s website at: .

IFS the only company named as a Customers’ Choice in the 2025 Gartner® Peer Insights™ Voice of the Customer for Enterprise Asset Management Software report

Latest recognition makes IFS a Gartner Peer Insights Customers’ Choice across three categories: Field Service Management, Cloud ERP, and now EAM.

LONDON, Jan. 15, 2025 /PRNewswire/ — IFS, the leading enterprise cloud and Industrial AI software provider, has been named as a Customers’ Choice in the 2025 Gartner Voice of the Customer Enterprise Asset Management report. IFS now has the distinction of being a Customers’ Choice across three of its core solution areas: Field Service Management, Cloud ERP for Product-Centric Enterprises, and Enterprise Asset Management.

Max Roberts, Chief Operating Officer at IFS, commented: “We believe it is a hugely powerful testament to our customer focus and industry-specific innovation that IFS is currently recognized as a Customers’ Choice in three categories – EAM, FSM and ERP – where we have a distinctly unique offering. Customer feedback is an essential contributor that helps IFS continuously innovate, enabling asset and service-intensive organizations to accelerate growth and see value from our Industrial AI solutions. I am very proud that so many of our EAM customers were compelled to submit reviews about their experience with IFS, resulting in IFS being named a Customers’ Choice.”

Reviews from IFS’s Enterprise Asset Management customers include:

  • “The IFS product has deep industry functionality for an asset-centric service-oriented organization.”– IT, Energy and Utilities
  • “Great Enterprise Asset Management product with excellent forward deployment capabilities.” – IT, Manufacturing
  • “I have provided IFS EAM with the highest rating, because it has significantly transformed our operational capabilities and transparency.” Project Lead & Digital Strategist – Manufacturing
  • “Decoding the effective implementation of EAM in just over a year.” – IT, Energy and Utilities

Access the full report here

IFS’s enterprise asset management solutions manage customer assets for the entire lifecycle. With AI capabilities for asset lifecycle management and improved asset performance, customers can gain a complete picture of their asset position, enabling them to maximize asset value, improve safety, and increase productivity. Together with IFS Ultimo, a SaaS EAM solution focused on maintenance and safety that is part of the 2024 Customers’ Choice recognition, IFS provides choice to customers with two distinct EAM offerings, a powerful differentiator for customers with heavy asset and service needs.

This is the latest Gartner Peer Insights recognition for IFS in a series of category recognitions in 2024. In July 2024, IFS was the only vendor with a Customers’ Choice distinction for Field Service Management, a recognition provided to vendors for meeting or exceeding the market average for both Overall Experience and User Interest and Adoption. Additionally, IFS was named a 2024 Customers’ Choice for Cloud ERP for Product-centric Enterprises overall, and in the Manufacturing industry specifically. IFS also had the highest revenue in the Gartner Market Share: All Software Markets, Worldwide, 2023 in the Enterprise Asset Management (EAM) segment for the third consecutive year.

The Gartner Peer Insights Customers’ Choice recognizes vendors in this market based on reviews from verified end-user professionals. The Customers’ Choice distinction takes into account both the number of reviews and the overall user ratings. To ensure fair evaluation, Gartner maintains rigorous criteria for recognizing vendors with a high customer satisfaction rate.

Learn more about how IFS supports organizations through its enterprise asset management solutions at: https://www.ifs.com/solutions/enterprise-asset-management

Gartner, Voice of the Customer for Enterprise Asset Management, Peer Contributors, 24 December 2024.
Gartner, Voice of the Customer for Field Service Management, Peer Contributors, July 23, 2024.
Gartner Voice of the Customer for Cloud ERP for Product-Centric Enterprises, Peer Contributors, March 22, 2024
Gartner, Market Share: All Software Markets, Worldwide, 2023, Varsha Mehta, Laurie Wurster, et al., April 22 2024

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark, and PEER INSIGHTS is a trademark and service mark, of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences with the vendors listed on the platform, should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

About IFS

IFS is the world’s leading provider of Industrial AI and enterprise software for hardcore businesses that make, service, and power our planet. Our technology enables businesses which manufacture goods, maintain complex assets, and manage service-focused operations to unlock the transformative power of Industrial AI to enhance productivity, efficiency, and sustainability.

IFS Cloud is a fully composable AI-powered platform, designed for ultimate flexibility and adaptability to our customers’ specific requirements and business evolution. It spans the needs of Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), Supply Chain Management (SCM), Information Technology Service Management (ITSM), and Field Service Management (FSM). IFS technology leverages AI, machine learning, real-time data and analytics to empower our customers to make informed strategic decisions and excel at their Moment of Service™.

IFS was founded in 1983 by five university friends who pitched a tent outside our first customer’s site to ensure they would be available 24/7 and the needs of the customer would come first. Since then, IFS has grown into a global leader with over 6,500 employees in 80 countries. Driven by those foundational values of agility, customer-centricity, and trust, IFS is recognized worldwide for delivering value and supporting strategic transformations. We are the most recommended supplier in our sector. Visit ifs.com to learn why.

Contact information
EMEA / APJ: Adam Gillbe
IFS, Director of Corporate & Executive Communications
Email: adam.gillbe@ifs.com
Phone: +44 7775 114 856

NORTH AMERICA / LATAM: Mairi Morgan
IFS, Director of Corporate & Executive Communications
Email: mairi.morgan@ifs.com
Phone: +44 7918 607 299

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Klappir and International Carbon Registry (ICR) Announce Strategic Partnership

REYKJAVIK, Iceland, Jan. 15, 2025 /PRNewswire/ — The International Carbon Registry (ICR), an innovative GHG program and a modern registry platform for high quality carbon credits, is excited to announce its partnership with Klappir, a leading sustainability management software provider. This strategic collaboration integrates ICR’s portfolio of carbon credits into Klappir’s platform, enabling corporate buyers to buy and offset their GHG emissions or contribute to future climate actions with unparalleled ease and transparency through Klappir’s marketplace.

In response to the growing demand for actionable, transparent, and impactful sustainability solutions, this collaboration empowers businesses to take responsibility for their carbon footprint by supporting climate actions outside their value chain.

A Seamless Experience for Climate Action

Corporate buyers using Klappir’s platform can now:

  • Offset Emissions Instantly: Access high quality verified carbon credits from registered projects with the ICR to compensate for Scope 1, 2, and 3 emissions in real-time.
  • Contribute to Future Climate Solutions: Support innovative carbon removal and reduction projects with ex-ante carbon credits, funding the critical work of tomorrow, today.
  • Simplified Carbon Credit Bundles: Choose from pre-designed bundles or customize them to align with corporate sustainability goals, combining offsetting and contributions for a balanced climate impact strategy with direct links to the registry.
  • All credits are delivered to the buyers account at carbonregistry.com for unparallel transparency of reporting emissions and responsible offsetting.

With ICR’s rigorous GHG program and validation and verification processes, corporate buyers are assured that every credit meets the highest international standards relying on integrity and assurance chain brought , including alignment with the UN Sustainable Development Goals (SDGs).

Why This Partnership Matters

  1. Ease of Access and Seamless Integration: The integration embeds ICR’s carbon credit portfolio directly into Klappir’s user interface, making it easier than ever for companies to act on their sustainability goals.
  2. Transparency and Trust of High-Integrity Credits: Buyers can track and verify their climate impact through detailed project information, certification, and reporting—ensuring clarity and accountability.
  3. Comprehensive Climate Solutions: Businesses can now balance immediate emissions reductions with investments in future-ready climate technologies, creating a dual approach to climate responsibility.
  4. Market Leadership: Adopting advanced solutions positions corporations as leaders in sustainability, creating competitive differentiation in an increasingly active market in climate and sustainability issues.

Klappir has established itself as a trusted partner for companies seeking efficient and transparent sustainability reporting. Meanwhile, ICR is one of the few organizations globally that combines a robust GHG program with a fully integrated carbon registry platform built on public blockchain technology, ensuring transparency and full traceability. ICR sets a global benchmark for high-integrity carbon markets. Through its partnership, empower businesses to take measurable, verifiable climate action, supporting impactful projects both globally and in Iceland. This partnership offers a transformative solution for companies committed to addressing emissions and driving meaningful environmental change.

Statements

Jón Ágúst Þorsteinsson, CEO of Klappir:
“At Klappir, we believe that technology is key to driving meaningful environmental action. This partnership with ICR enables us to provide businesses with a seamless way to manage their climate impact and support projects that will shape a sustainable future. It’s about more than compliance, it’s about building resilience and leading by example.”

Guðmundur Sigbergsson, CEO of ICR:
“Partnering with Klappir allows us to expand our mission of making high-integrity carbon credits accessible to a broader audience. Together, we’re empowering businesses to make informed and impactful decisions about their sustainability efforts.”

Take Action Today

Corporate buyers interested in offsetting their emissions or supporting future climate initiatives can explore these new options by visiting the Klappir platform.

About Klappir

Klappir is a sustainability software company headquartered in Iceland, providing innovative tools for businesses to measure, manage, and report their environmental impact. With a commitment to transparency and efficiency, Klappir supports organizations in achieving their sustainability goals.

About International Carbon Registry

Founded in 2020 and headquartered in Iceland, the International Carbon Registry (ICR) is a global leader in registration of climate projects relying on ISO standards and assurance. ICR provides a streamlined platform that accelerates the journey of climate projects from design to delivery via marketplace integrations, pioneering in integrating public blockchain technology ensuring transparency and traceability.

ICR’s team of experts is passionate about creating real, measurable impact and helping our clients achieve their sustainability goal while advancing its mission of leading the way to a sustainable future and being at the heart of climate innovation.

For more information, visit ICR’s website or follow ICR on LinkedIn.

For media inquiries, contact:
Alondra Silva Munoz
Chief Marketing Officer at ICR
alondra@carbonregistry.com

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Pioneer under Tykhe Capital Launches Hong Kong’s First Tokenized USD Money Market Fund

A Landmark Achievement Following HKbitEX VATP License Approval


HONG KONG SAR – Media OutReach Newswire – 15 January 2025 – Pioneer Asset Management Limited (“Pioneer“), a subsidiary of Tykhe Capital Group Limited (the “Group” or “Tykhe Capital“), a leading Real-World Asset (RWA) and Security Token Offering (STO) innovator in the APAC region, announces the launch of Hong Kong’s first tokenized USD money market fund (TMF Token) (the “Fund“, TMF). This flagship product marks the Group’s fourth venture into RWA/STO projects, following its initiatives in real estate, private debt, and AI (Artificial Intelligence). It is also the Group’s first flagship product launched after the Securities and Futures Commission (SFC) of Hong Kong granted HKbitEX a license for operating a Virtual Asset Trading Platform (VATP).

Democratizing Access to Institutional-grade USD Money Market Fund
The Fund is structured as an open-ended tokenized fund, investing in institutional-grade USD-denominated instruments with relatively high and stable yields. The process of tokenization revolutionizes access to finance by making a premium product once reserved for institutional clients now accessible to a wider range of investors. Key features include:

  • Accessible Entry Point: The minimum initial investment for the Fund is US$5,000, making a high-yield product once exclusive to institutions, now accessible to a wider range of professional investors.
  • Regulatory Compliance: Designed in strict adherence to SFC guidelines, ensuring a secure and trustworthy investment framework.
  • First of Its Kind in Hong Kong: As the city’s first tokenized MMF, this product sets a new standard in regulated financial innovation.
  • Future-Forward Adaptability: Pending SFC approval, the fund plans to accept stablecoins like USDT and USDC for subscriptions and redemptions, further enhancing accessibility and operational efficiency for investors.
  • Secondary Market: Backed by the Group’s exchange, which just secured Type 1, 7, and AMLO licenses, the tokenized MMF can be traded on the platform, providing higher liquidity and flexibility for investors upon SFC approval.


A Flagship Milestone

“The launch of our tokenized MMF marks a new era for the financial landscape in Hong Kong,” said LUO Xinghua, Director of the Pioneer. “As the first of its kind in the city, this product not only exemplifies our commitment to innovation but also solidifies Hong Kong’s position as a global leader in Web3 and digital finance.”

The Fund’s debut reflects the Group’s ongoing commitment to fostering innovation and delivering superior financial solutions. As the first product launched after the Group obtained its VATP license, the MMF underscores the robustness of the Group’s regulatory compliance and its focus on creating secure investment opportunities for its clients.
Hashtag: #sfc #sto #rwa #moneymarketfund #tykhe #hkbitex #tokenization #token #crypto #donaldtrump #bullish



Wechat: Tykhe Capital

The issuer is solely responsible for the content of this announcement.

About Tykhe Capital Group Limited

Tykhe Capital is committed to building the technical foundation for the future of finance, powered by cutting-edge Web 3 applications. Through a diversified portfolio of subsidiary companies, it provides a fully compliant, end-to-end infrastructure for the virtual asset ecosystem, driving a transformative new economic paradigm.

          At Tykhe Capital, innovation and compliance are at the core of our mission. We are dedicated to reshaping the financial landscape, empowering investors worldwide, and setting new industry standards with our cutting-edge solutions. In 2023, it launched Hong Kong’s first real estate RWA product, mentioned by Ms. Christina Choi, Executive Director of the SFC, during the Bloomberg Buy-Side Forum Hong Kong 2023. ()

          Château Le Fantôme raises €50 thousand Euros for three bottles of wine at charity auction

          Key News Highlights: 

          • The Château Le Fantôme 2022 vintage realised a price of more than €16 thousand Euros per bottle.
          • The 2022 vintage is presented in bottles and a box with artwork created by artist Oliviero Rainaldi.
          • The charity auction supported a Vatican charitable project.
          • The private vineyard in Pomerol France produces extremely limited wines that are not available for purchase. 

          BORDEAUX, France, Jan. 15, 2025 /PRNewswire/ — Château Le Fantôme has raised €50 thousand Euros for a Vatican charitable project by auctioning 3 bottles of its 2022 vintage. The wine is presented in bottles and a box with artwork created by artist Oliviero Rainaldi. At a realized price of more than €16 thousand Euros a bottle, Château Le Fantôme stands among the most exclusive wines in the world. The winning bidder who wishes to remain anonymous mentioned “It is a privilege to be helping a Vatican charitable project especially during the Christmas season. Let us not forget the true meaning of this holiday.” 

          The auction supported a Vatican charitable project. The winning bidder’s funds were remitted directly to the project coordinator at the Vatican.   

          Château Le Fantôme is believed to be the only non commercial vineyard in Pomerol, France. The château sits on soils first planted by the Hospitallers of St. John of Jerusalem during the first centuries of the last millennium according to stone markers found on the property, making this one of the oldest vineyards of Bordeaux. 

          The cross on the bottle’s design pays homage to its past while the artwork by Oliviero Rainaldi, titled Calma Tu Alma, embraces the future. During the Great Jubilee of 2000, Pope John Paul II awarded Oliviero the title of Academic of the Pontifical Academy of Fine Arts and Letters of the Virtuosi at the Pantheon. 

          Château Le Fantôme’s wines are not available for purchase. These extremely limited and rare bottles of wine are only shared among certain individuals close to the producers, and luminaries in all corners of the world.

          About Château Le Fantôme

          Château Le Fantôme is believed to be the only non commercial vineyard in Pomerol, France. According to stone markers found on the property the terroir was cultivated by the Hospitallers of St. John of Jerusalem nearly 1000 years ago making it one of the oldest vineyards in Bordeaux. Its wines are not available for purchase. 

          Contact : charity@chateaulefantome.com

          Lao Government Aims for Fifth Year of Budget Surplus

          Lao Government Outline Plans for Economic Independence in 2025
          Lao Fresh Market in Vientiane Capital. (Photo: seethinkexplore )

          The Lao government is striving to surpass its state budget revenue targets for a fifth consecutive year, 

          Laos Adopts Satellite Technology to Boost Carbon Credit Potential

          Laos Adopts Satellite Technology to Boost Carbon Credit Potential
          Photo Credit: Nam Et-Phou Louey National Park

          Laos is leveraging satellite remote sensing technology to calculate carbon stocks across nine forest areas in the country totaling 170,556 hectares. 

          FinVolution’s SVP Ming Gu speaks at Asian Financial Forum, highlighting opportunities in CreditTech for Southeast Asia’s underserved

          HONG KONG, Jan. 15, 2025 /PRNewswire/ — FinVolution Group (NYSE: FINV), a leading fintech service provider in the pan-Asian region, reaffirmed its commitment yesterday to advancing financial inclusion through cutting-edge credit technology and strategic partnerships at the Asian Financial Forum 2025 in Hong Kong.

          FinVolution’ SVP Ming Gu speaks at Asian Financial Forum
          FinVolution’ SVP Ming Gu speaks at Asian Financial Forum

           

          The Fintech Showcase at AFF 2025
          The Fintech Showcase at AFF 2025

          Dr. Ming Gu, Senior Vice President of FinVolution Group, shared his insights on how fintech innovation is transforming access to credit for underserved populations in Southeast Asia.

          “Fintech is creating new pathways for underserved populations to access credit and financial support, empowering them to invest in their futures,” he said at a thematic workshop on the future of fintech in Southeast Asia.

          Driving financial inclusion through innovation

          Gu emphasized FinVolution’s mission to bridge the gap between financial institutions and underserved communities by leveraging advanced credit technology.

          The company has built its business around serving young workers and small business owners from grassroots backgrounds, whose financial needs are often overlooked by traditional banks and other financial institutions.

          Through user-friendly digital lending platforms and collaborations with local partners, FinVolution has supported over 6 million borrowers and facilitated loans exceeding US$3 billion in its markets outside China as of Q3 2024.

          FinVolution’s AI-powered tools enable financial institutions to better assess creditworthiness, particularly for those without traditional credit histories, Gu explained.

          Opportunities and challenges in Southeast Asia’s market

          Gu highlighted Southeast Asia’s potential as a key growth market for fintech, driven by its young population, e-commerce growth, and credit-driven consumption habits.

          “Very few regions in this world can meet all these criteria,” he said, highlighting the underpinnings of Southeast Asia’s ascent as a fintech powerhouse. “Digital lending always goes hand in hand with the growth of e-commerce.”

          “The number one factor driving financial inclusion and literacy is GDP per capita,” Gu said. “Fintech and other technologies serve as a tool to facilitate this process, but it is GDP per capita that remains the cornerstone of development.”

          For instance, Indonesia’s ambitious Golden Indonesia 2045 Vision aims to accelerate the nation’s economic growth by at least 5% annually over the next two decades.

          This initiative reflects the nation’s commitment to fostering financial inclusion and leveraging technology as a catalyst for sustainable progress.

          Indonesia is the place to watch over the next five to 10 years,” Gu added. “We are very bullish on Southeast Asia.”

          Symbiotic relationship with regulators and financial partners

          Despite these opportunities, challenges such as the lack of credit histories and increasing fraud risks persist, threatening the future of fintech in this region.

          FinVolution combats these issues with advanced proprietary risk management systems and fraud prevention technologies.

          Gu stressed the collaboration with regulators and financial institutions in creating a robust and inclusive financial ecosystem.

          FinVolution itself adheres to stringent regulatory standards, securing necessary licenses and aligning with local laws. This endeavor coincides with steady improvements to Southeast Asia’s regulatory stringency in recent years, which are credited for creating an environment conducive to fintech innovation.

          “I believe a symbiotic relationship between regulators and fintechs like us is crucial to Southeast Asia’s rise as a key global fintech hub,” Gu noted.

          With over 100 financial institution partners, including digital banks and consumer finance companies, FinVolution provides end-to-end credit tech solutions that streamline processes and expand outreach.

          FinVolution Group remains dedicated to driving financial inclusion and innovation in Southeast Asia. With a focus on technology and collaboration, the company aims to empower individuals and communities while fostering a thriving fintech ecosystem in the region.