Posts Tagged ‘#TechNews’

Dragonfly Fintech named finalist for the G20 TechSprint 2022 CBDC Challenge

SINGAPORE, June 20, 2022 /PRNewswire-HISPANIC PR WIRE/ — Dragonfly has won a place in the final round of the third G20 TechSprint global challenge. This year’s challenge focuses on central bank digital currency (CBDC) following Saudi’s 2020 RegTech and SupTech, and Italy’s 2021 Green Finance. This year’s competition is held as part of Indonesia’s G20 presidency which will culminate in the G20 Heads of State and Government Summit to be held in Bali in November 2022.

Dragonfly Fintech is an innovative fintech solution provider utilizing its proprietary blockchain platform to address clients’ unmet digital needs in the banking and capital markets, advancing the nascent neobanking industry globally. Tomorrow’s banking is here!

The G20 TechSprint global competition which is jointly organized by Bank Indonesia and Bank of International Settlement Innovation Hub focuses on the development and showcasing of retail and wholesale CBDC as a viable solution in three core areas: issuance, wholesale, retail, and distribution of CBDC; financial inclusion through the use of CBDC; and CBDC as an improved means of interoperability among participating sovereign payment systems.

“We are honored that we have been chosen as a finalist in the issuance, wholesale, retail, and distribution of the CBDC segment. We are about serving the future unmet needs of the industry with innovative blockchain powered solutions. This growth opportunity allows us to illustrate how Dragonfly simplifies digital banking covering the entire spectrum from monetary policy making to wholesale, settlement, and retail distribution in an interoperable system,” comments Lon Wong, Founder and CEO of Singapore-based Dragonfly Fintech.

Dragonfly is also excited about the increased visibility on the world stage as a cutting-edge Asian fintech leader first conceptualized in 2015, and is rapidly expanding its footprint worldwide to engage and support other central banks in making their CBDC vision a reality.

About Dragonfly Fintech

Dragonfly Fintech is an innovative fintech solution provider utilizing the ProximaX blockchain protocol to address clients’ unmet digital needs in the banking and capital markets, advancing the nascent neobanking and CBDC globally. Tomorrow’s banking, today!

For more information, please visit www.dfintech.com

Logo - https://mma.prnewswire.com/media/1842996/dragonfly_blacktexts_Logo.jpg

Click Here for More Information »

Ultimaker sets new 3d printing milestone with the release of Ultimaker Cura 5.0

UTRECHT, Netherlands, April 21, 2022 /PRNewswire/ – Ultimaker, the global leader in professional 3D printing, has launched the beta for Ultimaker Cura 5.0, the latest version of its free, open source, slicing software during the Spring Showcase. Unique applications in design, architecture, engineering and metal 3D printing have been enabled by the enhanced slicing engine that sets a new threshold for finer and faster 3D prints. The newly developed variable line width capability of this slicing engine improves its ability to print thin walls and fine details. Parts printed with this engine will also be stronger. Other improvements include faster print profiles for owners of Ultimaker printers, support for Apple M1 chips, and more.

Ultimaker Cura 5.0 represents the biggest leap forward in print quality that the software has ever seen. This is the start of a true revolution in 3D printing technology,” says Miguel Calvo, Chief Technology Officer (CTO) at Ultimaker. “We believe that even those who have looked at 3D printing before and concluded that it may not be ready for their use, today it is time for them to look again. Until now, you had to make your design work for 3D printing. It’s time to turn the table… from designing for 3D printing, to 3D printing for design.”

Ultimaker Cura 5.0 – Thinner walls and finer details

The most eye-catching improvements of Ultimaker Cura 5.0 are:


Thinner walls and finer details

The new slicing engine in Ultimaker Cura 5.0 allows for the use of variable line width when slicing a 3D model to most accurately print fine details.

Stronger parts

The variable line width capabilities of the new slicing engine in Ultimaker Cura 5.0 results in fewer gaps on the inside of printed parts, making them more solid, and therefore stronger. The improved printing of thin walls brings parts printed with Ultimaker Cura 5.0 closer to the strength of those produced using injection molding.

“Cura is evolving and there is much more freedom in the design for FFF, so the software is less of a limiting factor. Thin walls, and the kind of small design features that are often featured in injection molded parts, are created more efficiently and this results in applications being produced in an improved way in 3DP,” according to Steve Cox- Engineer and 3D printing advocate .

Faster print profiles

Print profiles available to users of Ultimaker printers have been updated to make use of the improved capabilities of Ultimaker Cura 5.0 resulting in print time reductions of up to 20%.

Ultimaker Cura 5.0 enables new applications

New possibilities and new applications

The Showcase featured innovators and thought-leaders from the 3D printing community who demonstrated unique applications enabled by the newest version of Ultimaker Cura 5.0. It can be watched here for anyone who missed the original presentation of Cura 5.0.

You can download Ultimaker Cura 5.0 beta here: https://ultimaker.com/software/ultimaker-cura.

Photo - https://mma.prnewswire.com/media/1800858/Ultimaker_Cura_1.jpg
Photo - https://mma.prnewswire.com/media/1800859/Ultimaker_Cura_2.jpg
Logo - https://mma.prnewswire.com/media/1488711/Ultimaker_Logo.jpg

Ultimaker Logo
Click Here for More Information »

Xceedance Announces Global Availability of MGA Agility Suite

U.K. MGA Archipelago Risk Services adopts the next-generation offering to sell and service its personal lines coverages and package policies

CaribPR Wire, BOSTON, May 06, 2019: Xceedance, a global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions, today announced the availability and client implementation of a new software and services offering, the MGA Agility Suite.

The Xceedance MGA Agility Suite enables established and startup program administrators, managing general agents (MGAs), and managing general underwriters (MGUs) worldwide to swiftly deploy a tailored, advisor-driven sales and service engine to capture profitable market segments — a key competitive differentiator in managing diverse insurance products, especially lower-margin classes of business.

Additionally, Xceedance announced a successful implementation of the MGA Agility Suite for Archipelago Risk Services (Archipelago), helping the London-based MGA to boost underwriting efficiency and augment the policyholder experience.

“The Xceedance MGA Agility Suite provides software and associated services to support MGAs in insurance markets worldwide,” said Travis MacMillian, chief business officer at Xceedance. “MGA operations typically rely on software or platforms intended for primary insurers. In contrast, the dedicated MGA Agility Suite comprises an insurtech platform, coupled with lifecycle services for program administrators, MGAs, and MGUs.”

Through advanced software development and integration with a diverse set of technologies that support operational efficiency, the MGA Agility Suite gives MGAs and their retail agents proficient automation for personalized, intermediated policyholder services. The MGA Agility Suite combines policy-administration capabilities, an underwriting platform, distribution and communication tools, and the business intelligence (BI)/reporting functionality MGAs need to write more business efficiently and profitably. The MGA Agility Suite facilitates regulatory compliance and partnerships with organizations such as actuaries and third-party administrators (TPAs); and it enables robust integration with insurance data providers, payment gateways, general ledger applications, and document generation services. The platform can be hosted on the cloud for superior performance in managing diverse insurance products and core MGA/MGU operations.

“The MGA Agility Suite elevates our personalized service delivery to program administrators, especially with an innovative broker and underwriter portal, and a configurable rating/pricing engine,” said MacMillian. “The automated workflows and streamlined policy lifecycle processes built into the MGA Agility Suite create transactional efficiencies, while enhancing user experience and customer-centricity for MGAs and MGUs.”

Archipelago recently deployed the MGA Agility Suite, providing the company with a single platform for clients — via intermediaries — to purchase motor (auto), home, investment property, travel, and pet insurance, quickly and efficiently. In implementing the bespoke platform, Archipelago leveraged operational expertise from five principal insurance capabilities at Xceedance: technology and core systems; actuarial services; insurance data sciences; catastrophe and exposure management; and BI and reporting.

“The Xceedance MGA Agility Suite empowers us with highly-automated workflows and a streamlined policy lifecycle — boosting organizational efficiency, enhancing the policy buying experience, and lowering operating costs,” said Richard Coleman, managing director at Archipelago Risk Services.

About Xceedance
Xceedance is a global provider of strategic consulting and managed services, technology, data sciences, and blockchain to insurance organizations. Domiciled in Bermuda, with offices in the United States, United Kingdom, Germany, Poland, India, and Australia, Xceedance helps insurers launch new products, drive operations, implement intelligent technology and blockchain solutions, deploy advanced analytic capabilities, and achieve business process optimization. The experienced insurance professionals at Xceedance enable re/insurers, brokers, and program administrators worldwide to enhance policyholder service, enter new markets, boost workflow productivity, and improve profitability. For more information, please visit www.xceedance.com.

Click Here for More Information »