NewzIntel.com

Category: Business

  • MIL-OSI: Powerhouse Lending Team Expands Rate’s Leadership in the Dallas Market

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, June 25, 2025 (GLOBE NEWSWIRE) — Rate, a leading fintech company, proudly highlights Shane Masterman and Kristin Dail—two Chairman’s Circle Award-winning SVPs in Dallas, Texas— specializing in real estate financing for some of the area’s most sophisticated clients, ranging from traditionally employed borrowers and property investors to business owners and independent contractors.

    Known for their exceptional service and deep roots in the Dallas community, Masterman and Dail have built a business focused on delivering premium lending solutions to well-qualified homebuyers. Since their move to Rate in December 2018, Masterman and Dail have closed approximately $750 million in home loans. A key differentiator that sets them apart is access to Rate’s exclusive Portfolio loan programs, designed for today’s diverse borrowers. These products offer exceptional flexibility with fewer headaches and significantly less paperwork than traditional options.

    Even in one of the nation’s most challenging markets, Masterman and Dail consistently close complex transactions in half the time of conventional lenders, giving their clients a decisive edge when timing is everything.

    Through these proprietary lending solutions, their borrowers can:

    • Secure jumbo financing with reduced down payments and flexible terms, freeing up capital for higher-yield investments.
    • Qualify using business cash flow or 1099s instead of tax returns—perfect for business owners and independent contractors.
    • Leverage personal assets for qualification, without liquidating investments.
    • Invest in real estate based solely on property cash flow—ideal for building or expanding their real estate holdings.
    • Buy before they sell—close on a new home purchase without needing to list their current one first.

    “We’ve seen firsthand how high-touch, high-performance teams can accelerate growth in competitive markets,” said John Stewart, Chief Production Officer, East at Rate. “Shane and Kristin are the embodiment of that model in Dallas—trusted, proven, and perfectly positioned to help clients finance their dream homes.”

    In a region where market dynamics shift quickly and client expectations are high, Masterman and Dail’s ability to combine local expertise, white-glove service, and innovative lending options continues to set them apart in Dallas and beyond.

    About Rate
    Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington, D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans and refinances. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Honors and awards include: Top 5 Mortgage Lender by Inside Mortgage Finance for 2024; Best Mortgage Lender for First-Time Homebuyers by NerdWallet for 2023; HousingWire’s Tech100 award for the company’s industry-leading FlashClose℠ digital mortgage platform in 2020, MyAccount in 2022, and Language Access Program in 2023; the most Scotsman Guide Top Originators for 11 consecutive years; Chicago Agent Magazine’s Lender of the Year for seven consecutive years. Visit rate.com for more information.

    Media Contact:
    press@rate.com

    The MIL Network –

  • MIL-OSI: Lucidworks Study: 83% of Ecommerce AI Leaders Report “Major” or “Extreme” Concern; Bot Shows Only 35% of Companies Meet Minimum Requirements for Agentic AI

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, June 25, 2025 (GLOBE NEWSWIRE) — Lucidworks, the leading AI-powered search and product discovery provider, released its third annual Generative AI Global Benchmark Study today. For the first time, the study includes data from Lucidworks’ proprietary agentic AI “Guydbot,” which autonomously explored and evaluated the digital experiences of more than 1,100 companies across 48 industry segments.

    Combining Guydbot’s findings with survey data, the report paints a picture of widespread anxiety around AI initiatives, which are failing to fully materialize because many companies still don’t have the required capabilities in place. Guydbot data reveals that 65% of companies do not have a solid foundation to build meaningful AI into their platforms.

    “If you think of Agentic AI – AI that performs tasks – as a car, then you can imagine Generative AI as the engine, and data as the fuel. Our report finds that too many ecommerce companies are trying to build Formula One racers around go-kart engines – and they might not even have enough gas to fill their tanks,” explained Mike Sinoway, CEO of Lucidworks.

    In the 2025 survey of more than 1,600 CEOs, CTOs, and other AI strategy decision-makers, 83% reported feeling “Major” or “Extreme” concern over their AI progress. In contrast, 10.2% reported similar anxieties in Lucidworks’ 2023 study – an 8X jump in just two years.

    “To put it another way: companies have been trying to run before they can walk because of top-down pressure. Now panic is setting in,” Sinoway added. “Many are reluctant to admit how far behind they really are, but we have the receipts to prove it thanks to Guydbot.”

    Guydbot autonomously evaluated over 1,100 companies by interacting directly with their digital experiences, as any human visitor could do, but at scale. On each site, it verified the presence and effectiveness of 24 capabilities including AI Summarization, Guided Selling, Interactive Q&A, and Dynamic Personalization. The assessment found that 71% of companies have adopted some Generative AI capabilities. However, only 6% have managed to fully deploy an Agentic AI solution.

    “With Guydbot, we’re able to see who’s actually implemented AI – not just who says they have,” said Guy Sperry, CTO of Lucidworks and the creator (and namesake) of Guydbot. “Our annual surveys have been helpful, but until now, we’ve had to take executives at their word. Guydbot lets us verify what’s real.”

    The report also introduces the “Capability Cohorts” framework, breaking organizations into four categories based on ecommerce and AI progress. Guydbot found that 35% of the companies evaluated fell into the “Achievers” category – those that have “built solid ecommerce foundations while also making progress on Generative AI.”

    The remaining 65% were made up of “Builders” (14%) – ”Strong in essential capabilities but limited AI implementation,” “Climbers” (10%) – “Making AI progress but still have gaps in ecommerce essential capabilities,” and “Spectators” (41%) – those that are just getting started and have room for growth across all capabilities. The study reveals stark implementation gaps that directly impact business performance.

    “Agentic AI functionality is the future, but fundamental ecommerce capabilities are essential to delivering the greatest performance boost. Those gaps must be closed,” added Sinoway. “Many companies have massive potential for progress in just delivering the basics. Hopefully, they can leverage the funding for AI to simultaneously invest in the fundamentals.”

    Based on the Capability Cohorts framework, the study includes industry-specific analyses across retail, manufacturing, software, pharmaceuticals, and travel sectors, ranking AI performers within these industries. Many top-ranked companies come as expected: Tesla and Amazon lead in “Automotive” and “Department Stores & Mass Merchants,” respectively. But there are some surprises: 122-year-old motorcycle brand Harley Davidson, and Qurate—best known for its start as ‘QVC’ on cable television—come in at #3 in these categories.

    Other key findings include:

    • Agentic AI Adoption Low: Only 6% of companies have implemented more than 1 Agentic AI solution, and most of those are all in the technology industry sector.
    • Conversion Gap Widens: Companies with balanced implementation of essential and advanced capabilities outperform those with limited implementation by up to 62% in potential conversion rates.
    • ROI Concerns Skyrocket: AI deployment cost concerns have increased 18X since 2023, data security has tripled, and anxiety about response accuracy has grown 8X.
    • Language Fundamentals Overlooked: Only 37.5% of companies support multiple languages, the most overlooked essential capability, despite serving global markets.

    The report features industry rankings of the biggest consumer and B2B brands on the planet, all assessed by Guydbot. These include: 3M, AirBnB, Aldo Shoes, Amazon, Callaway Golf, Carnival Corporation, Citizen Watch, Coach, Coca-Cola Company, Colgate-Palmolive, Days Inn, DS Services, etsy, Fossil Group, Gap, General Mills, Harley Davidson, Hasbro, Hershey Company, JCrew, Keurig Dr Pepper, Kimberly-Clark, Mars, Mattress Firm, Michael Kors, Pottery Barn, Procter & Gamble, Qurate Retail Group (QVC/HSN), Ralph Lauren, Raymour & Flanigan, Sherwin-Williams, Skechers, Tesla, The Home Depot, Timberland, Trek Bicycle, Ugg, Victoria’s Secret, Walmart, Wayfair, and zappos, among more than 1,000 others.

    The full report is available for download here. For more information about Lucidworks’ AI solutions, visit Lucidworks.com.

    About Lucidworks
    Lucidworks transforms complex data into actionable insights through AI-powered search and product discovery solutions. Clients achieve 391% ROI and are 2.5x more likely to deploy AI initiatives successfully. Global leaders like Lenovo, Morgan Stanley, and American Express rely on Lucidworks to power digital experiences that drive business results. Learn more at Lucidworks.com.

    Contact: pr@lucidworks.com

    The MIL Network –

  • MIL-OSI: Traliant returns to SHRM Annual Conference to showcase must-see workplace training on harassment, discrimination and ethics

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 25, 2025 (GLOBE NEWSWIRE) — Traliant, a leading provider of online compliance training, will showcase its most in-demand workplace training solutions at the SHRM Annual Conference & Expo, June 29-July 2 in San Diego, CA.

    At booth #1919, attendees can experience Traliant’s interactive modern compliance training courses — designed to help organizations build ethical, inclusive and legally sound workplaces.

    Compliance solutions that address top HR challenges
    Traliant will spotlight three of its must-see offerings:

    • Code of Conduct, featuring The Code — a cinematic, TV-style series that brings complex ethical dilemmas to life and empowers employees to apply policies in real-world situations.
    • Discrimination Prevention for Managers, equipping managers with critical knowledge of latest Executive Orders and EEOC and DOJ guidance and actionable strategies to mitigate the evolving legal risks facing today’s workplaces
    • Preventing Workplace Harassment, helping employees and managers recognize, navigate and respond to inappropriate behavior — with coverage that meets compliance requirements in all 50 states.

    Learn practical investigation skills
    Traliant’s Chief Strategy Officer, Michael Johnson, will present a session: Detecting Lies and Deception: Practical Skills for HR Professionals on July 1 at 2:15 PM PT in the Marriot Pacific Ballroom. Attendees will learn expert strategies for navigating “he said/she said” cases of sexual harassment and misconduct — including proven techniques HR professionals can apply when investigating sensitive allegations.

    Interactive experiences + giveaways
    Visitors can test their skills in in Traliant’s fast-paced Compliance Challenges Game, get a portrait drawn by an AI-powered sketchbot, score fun Traliant swag, and enter to win a FREE Nespresso Creatista Plus — just follow Traliant on LinkedIn at the booth.

    To learn more or book a meeting with Traliant at SHRM25, visit https://www.traliant.com.

    About Traliant
    Traliant, a leader in compliance training, is on a mission to help make workplaces better, for everyone. Committed to a customer promise of “compliance you can trust, training you will love,” Traliant delivers continuously compliant online courses, backed by an unparalleled in-house legal team, with engaging, story-based training designed to create truly enjoyable learning experiences.
      
    Traliant supports over 14,000 organizations worldwide with a library of curated essential courses to broaden employee perspectives, achieve compliance and elevate workplace culture, including sexual harassment training, inclusion training, code of conduct training, and many more.  
      
    Backed by PSG, a leading growth equity firm, Traliant holds a coveted position on Inc.’s 5000 fastest-growing private companies in America for four consecutive years, along with numerous awards for its products and workplace culture. For more information, visit http://www.traliant.com and follow us on LinkedIn. 

    Contact
    Reagan Bennet
    traliant@v2comms.com

    The MIL Network –

  • MIL-OSI: Traliant returns to SHRM Annual Conference to showcase must-see workplace training on harassment, discrimination and ethics

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 25, 2025 (GLOBE NEWSWIRE) — Traliant, a leading provider of online compliance training, will showcase its most in-demand workplace training solutions at the SHRM Annual Conference & Expo, June 29-July 2 in San Diego, CA.

    At booth #1919, attendees can experience Traliant’s interactive modern compliance training courses — designed to help organizations build ethical, inclusive and legally sound workplaces.

    Compliance solutions that address top HR challenges
    Traliant will spotlight three of its must-see offerings:

    • Code of Conduct, featuring The Code — a cinematic, TV-style series that brings complex ethical dilemmas to life and empowers employees to apply policies in real-world situations.
    • Discrimination Prevention for Managers, equipping managers with critical knowledge of latest Executive Orders and EEOC and DOJ guidance and actionable strategies to mitigate the evolving legal risks facing today’s workplaces
    • Preventing Workplace Harassment, helping employees and managers recognize, navigate and respond to inappropriate behavior — with coverage that meets compliance requirements in all 50 states.

    Learn practical investigation skills
    Traliant’s Chief Strategy Officer, Michael Johnson, will present a session: Detecting Lies and Deception: Practical Skills for HR Professionals on July 1 at 2:15 PM PT in the Marriot Pacific Ballroom. Attendees will learn expert strategies for navigating “he said/she said” cases of sexual harassment and misconduct — including proven techniques HR professionals can apply when investigating sensitive allegations.

    Interactive experiences + giveaways
    Visitors can test their skills in in Traliant’s fast-paced Compliance Challenges Game, get a portrait drawn by an AI-powered sketchbot, score fun Traliant swag, and enter to win a FREE Nespresso Creatista Plus — just follow Traliant on LinkedIn at the booth.

    To learn more or book a meeting with Traliant at SHRM25, visit https://www.traliant.com.

    About Traliant
    Traliant, a leader in compliance training, is on a mission to help make workplaces better, for everyone. Committed to a customer promise of “compliance you can trust, training you will love,” Traliant delivers continuously compliant online courses, backed by an unparalleled in-house legal team, with engaging, story-based training designed to create truly enjoyable learning experiences.
      
    Traliant supports over 14,000 organizations worldwide with a library of curated essential courses to broaden employee perspectives, achieve compliance and elevate workplace culture, including sexual harassment training, inclusion training, code of conduct training, and many more.  
      
    Backed by PSG, a leading growth equity firm, Traliant holds a coveted position on Inc.’s 5000 fastest-growing private companies in America for four consecutive years, along with numerous awards for its products and workplace culture. For more information, visit http://www.traliant.com and follow us on LinkedIn. 

    Contact
    Reagan Bennet
    traliant@v2comms.com

    The MIL Network –

  • MIL-OSI: Bazaarvoice launches the new Intelligent Trust Mark for authentic ratings and reviews

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, June 25, 2025 (GLOBE NEWSWIRE) — Bazaarvoice, Inc., the leading platform for full-funnel authentic user-generated content (UGC) and social commerce solutions, today released the Intelligent Trust Mark, an updated, smarter version of the original Trust Mark, launched in 2013. The Intelligent Trust Mark, a visual indicator of review authenticity, has been modernized for today’s threats facing brand authenticity, including AI-generated content, fake reviews, and deceptive practices. 

    “As AI-generated content and misinformation continue to pervade the internet, shoppers today are more discerning and less trusting than ever,” said Ananda Chakravarty, VP Research, Retail at IDC. “Consumers are actively looking for reassurance that what they see is real, making trust signals and content verification key parts of the shopping experience. Brands who adopt trust marks will be paid back with customer loyalty, conversions, and engagement.”

    According to Bazaarvoice research, 75% of consumers report they are concerned about fake reviews, as fewer than a third (31%) are confident in their ability to differentiate if a product or service review was written by an AI or an actual human being. That’s where the Intelligent Trust Mark fits in. When asked if they would have confidence in a ‘trust signal’ that shows that if an independent third party verified each rating and review, 73% said they’d trust it. That trust drives purchase intent, as 81% of consumers said they would be more likely to ‘purchase from a website that has review content badged with a trust mark than a website that does not.’

    Along with a new design, the improved Intelligent Trust Mark:

    • Signals stronger protection, including the new shield design and full Bazaarvoice name, based on Bazaarvoice’s research findings around consumers’ trust in third-party validation.
    • Evaluates both hosted and syndicated reviews, offering a more comprehensive view of authentic content. This means consumers can feel confident that all reviews within a product display page (PDP) meet Bazaarvoice’s authenticity standards, not just those submitted directly on the site.
    • Is available to clients across more than 100 million qualifying PDPs supported by Bazaarvoice at launch.
    • Automatically detects and dynamically displays on brand and retailer PDPs to streamline Intelligent Trust Mark enablement, eliminating the need for manual review, saving time, and ensuring faster and more consistent application.
    • Builds on Bazaarvoice’s robust fraud detection capabilities bolstered by the breadth of our unparalleled retail network that supports 2.3 billion shopping sessions per month, allowing for faster pattern recognition and continuous optimization across the entire UGC ecosystem. 

    “The Intelligent Trust Mark isn’t just about protecting consumer trust – it also safeguards businesses and the future of e-commerce itself,” said Marissa Jones, SVP of Product at Bazaarvoice. “When bad actors use AI to create and spread fake content, it is then ingested by large language models and search engines and served back to consumers. The Intelligent Trust Mark combats this misinformation loop by giving brands a powerful, visible signal that their UGC is real and reliable.”

    To learn more about Bazaarvoice’s work on Authenticity and the Intelligent Trust Mark, visit https://www.bazaarvoice.com/Authenticity/ 

    About Bazaarvoice
    Bazaarvoice is reshaping how brands and retailers connect with consumers by putting the authentic consumer voice first. With an end-to-end, commerce-empowered omni-channel content solutions and analytics platform, Bazaarvoice helps 14,000+ brands and retailers inform consumer decisions consistently and at scale at every stage of the shopper journey, on every platform where shoppers live. 2.5B shoppers use the Bazaarvoice Network on a monthly basis.

    Founded in 2005, Bazaarvoice is headquartered in Austin, Texas, with offices in North America, Europe, Australia, and India. For more information, visit www.bazaarvoice.com

    Media Contact
    Lauren Venticinque
    Lauren.venticinque@bazaarvoice.com

    The MIL Network –

  • MIL-OSI: Bazaarvoice launches the new Intelligent Trust Mark for authentic ratings and reviews

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, June 25, 2025 (GLOBE NEWSWIRE) — Bazaarvoice, Inc., the leading platform for full-funnel authentic user-generated content (UGC) and social commerce solutions, today released the Intelligent Trust Mark, an updated, smarter version of the original Trust Mark, launched in 2013. The Intelligent Trust Mark, a visual indicator of review authenticity, has been modernized for today’s threats facing brand authenticity, including AI-generated content, fake reviews, and deceptive practices. 

    “As AI-generated content and misinformation continue to pervade the internet, shoppers today are more discerning and less trusting than ever,” said Ananda Chakravarty, VP Research, Retail at IDC. “Consumers are actively looking for reassurance that what they see is real, making trust signals and content verification key parts of the shopping experience. Brands who adopt trust marks will be paid back with customer loyalty, conversions, and engagement.”

    According to Bazaarvoice research, 75% of consumers report they are concerned about fake reviews, as fewer than a third (31%) are confident in their ability to differentiate if a product or service review was written by an AI or an actual human being. That’s where the Intelligent Trust Mark fits in. When asked if they would have confidence in a ‘trust signal’ that shows that if an independent third party verified each rating and review, 73% said they’d trust it. That trust drives purchase intent, as 81% of consumers said they would be more likely to ‘purchase from a website that has review content badged with a trust mark than a website that does not.’

    Along with a new design, the improved Intelligent Trust Mark:

    • Signals stronger protection, including the new shield design and full Bazaarvoice name, based on Bazaarvoice’s research findings around consumers’ trust in third-party validation.
    • Evaluates both hosted and syndicated reviews, offering a more comprehensive view of authentic content. This means consumers can feel confident that all reviews within a product display page (PDP) meet Bazaarvoice’s authenticity standards, not just those submitted directly on the site.
    • Is available to clients across more than 100 million qualifying PDPs supported by Bazaarvoice at launch.
    • Automatically detects and dynamically displays on brand and retailer PDPs to streamline Intelligent Trust Mark enablement, eliminating the need for manual review, saving time, and ensuring faster and more consistent application.
    • Builds on Bazaarvoice’s robust fraud detection capabilities bolstered by the breadth of our unparalleled retail network that supports 2.3 billion shopping sessions per month, allowing for faster pattern recognition and continuous optimization across the entire UGC ecosystem. 

    “The Intelligent Trust Mark isn’t just about protecting consumer trust – it also safeguards businesses and the future of e-commerce itself,” said Marissa Jones, SVP of Product at Bazaarvoice. “When bad actors use AI to create and spread fake content, it is then ingested by large language models and search engines and served back to consumers. The Intelligent Trust Mark combats this misinformation loop by giving brands a powerful, visible signal that their UGC is real and reliable.”

    To learn more about Bazaarvoice’s work on Authenticity and the Intelligent Trust Mark, visit https://www.bazaarvoice.com/Authenticity/ 

    About Bazaarvoice
    Bazaarvoice is reshaping how brands and retailers connect with consumers by putting the authentic consumer voice first. With an end-to-end, commerce-empowered omni-channel content solutions and analytics platform, Bazaarvoice helps 14,000+ brands and retailers inform consumer decisions consistently and at scale at every stage of the shopper journey, on every platform where shoppers live. 2.5B shoppers use the Bazaarvoice Network on a monthly basis.

    Founded in 2005, Bazaarvoice is headquartered in Austin, Texas, with offices in North America, Europe, Australia, and India. For more information, visit www.bazaarvoice.com

    Media Contact
    Lauren Venticinque
    Lauren.venticinque@bazaarvoice.com

    The MIL Network –

  • MIL-OSI: Trident and Democratic Republic of Congo Sign Final Digital Identity Partnership and Launch Nationwide “DRCPass” Deployment

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE and KINSHASA, June 25, 2025 (GLOBE NEWSWIRE) — Trident Digital Tech Holdings Ltd. (“Trident” or the “Company,” NASDAQ: TDTH), a Singapore-based catalyst for digital transformation and Web 3.0 activation, today announced that it has signed the definitive public-private partnership (PPP) agreement with the Government of the Democratic Republic of Congo (“DRC” or “Republic”). The contract paves the way for nationwide deployment of “DRCPass,” the Republic’s robust national digital identification system, to be rolled out in phases with an accompanying public-education campaign.

    The agreement represents the capstone of the collaboration framework established in December 2024 between Trident and the Office of the President, forming the cornerstone of the DRC’s e-government and digital-identity initiative. Under the accord, Trident is the Republic’s exclusive provider of electronic Know Your Customer (“e-KYC”) services, delivering the Web 3.0-based national digital identity.

    Soon Huat Lim, Founder, Chairman, and Chief Executive Officer of Trident, and H.E. Augustin Kibassa Maliba, Minister of Posts, Telecommunications, and Digital Affairs of the Democratic Republic of Congo, at the signing event.

    e-KYC technology streamlines identity verification for organizations while enhancing security. Trident’s deployment will focus on four core use cases:

    1.  SIM-card registration: biometric-blockchain binding of the SIM to a verified citizen record, eradicating “ghost” lines and cutting operator-fraud losses and regulatory fines in real time.

    2.  Seamless access to e-government and business portals: with single-sign-on (SSO), Congolese can access and conduct transactions easily with public and private institutions through one log-in.

    3.  Digital payments enablement: one-click e-KYC that auto-scores risk and unlocks instant credit, driving formal financial access beyond the siloed, branch-first systems in use today.

    4.  Digital Citizen Identity: centralized and secure identity record that complements physical IDs, giving Congolese a verifiable digital credential for public and private-sector transactions.

    After registering for their national ID, citizens will be able to download the “Tridentity” mobile application and enroll their DRCPass, which uses secure single-sign-on (SSO) to access authorized applications and websites.

    “Over the past several months our teams have worked hand-in-hand with the DRC government to prepare for this moment. We commend the Republic’s leadership for embracing a digital future and look forward to supporting a nationwide rollout that others in Africa will surely emulate,” said Soon Huat Lim, Founder, Chairman and Chief Executive Officer of Trident.

    “Today marks more than the signing of a partnership contract with Trident Digital Tech; it marks a defining chapter in the digital rebirth of our nation. By launching the national digital identification system, we lay a cornerstone for a Democratic Republic of Congo that is digitally sovereign, financially inclusive, and resilient to tomorrow’s challenges. As we begin phased deployment of DRCPass, we are not merely adopting innovation; we are shaping the future of governance in Africa,” said H.E. Augustin Kibassa Maliba, Minister of Posts, Telecommunications and Digital Affairs of the DRC.

    According to GSMA Intelligence, the DRC has more than 80 million mobile subscribers and an expanding base of banked citizens populations that will directly benefit from secure e-KYC services.

    About Trident
    Trident is a leading catalyst for digital transformation in technology optimization and Web 3.0 activation. Its flagship product, Tridentity, is a blockchain-based identity platform that is designed to deliver secure single-sign-on authentication across diverse industries. Trident’s mission is to become a global leader in Web 3.0 enablement, connecting organizations to reliable and secure digital infrastructure with optimized user experiences, with a strong focus on Southern Africa and other high-growth markets.

    Safe Harbor Statement
    This announcement contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in announcements and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, including the possibility that the national digital identification system and the e-KYC process will not materialize as contemplated under the PPP agreement. A number of factors could also cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the risk and uncertainties as to the timing of the implementation of the agreement; potential adverse reactions or changes to business relationships; adverse changes in general economic or market conditions; and actions by third parties, including government agencies; the Company’s strategies, future business development, and financial condition and results of operations; the expected growth of the digital solutions market; the political, economic, social and legal developments in the jurisdictions that the Company operates in or in which the Company intends to expand its business and operations; the Company’s ability to maintain and enhance its brand. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this announcement is as of the date of this announcement, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    Investor & Media Contacts
    Investor Relations
    Robin Yang, Partner – ICR LLC
    investor@tridentity.me | +1 (212) 321-0602

    Media Relations
    Brad Burgess, SVP – ICR LLC
    brad.burgess@icrinc.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8672d8e2-07e1-4248-9dc8-3cae467061a5

    The MIL Network –

  • MIL-OSI: Trident and Democratic Republic of Congo Sign Final Digital Identity Partnership and Launch Nationwide “DRCPass” Deployment

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE and KINSHASA, June 25, 2025 (GLOBE NEWSWIRE) — Trident Digital Tech Holdings Ltd. (“Trident” or the “Company,” NASDAQ: TDTH), a Singapore-based catalyst for digital transformation and Web 3.0 activation, today announced that it has signed the definitive public-private partnership (PPP) agreement with the Government of the Democratic Republic of Congo (“DRC” or “Republic”). The contract paves the way for nationwide deployment of “DRCPass,” the Republic’s robust national digital identification system, to be rolled out in phases with an accompanying public-education campaign.

    The agreement represents the capstone of the collaboration framework established in December 2024 between Trident and the Office of the President, forming the cornerstone of the DRC’s e-government and digital-identity initiative. Under the accord, Trident is the Republic’s exclusive provider of electronic Know Your Customer (“e-KYC”) services, delivering the Web 3.0-based national digital identity.

    Soon Huat Lim, Founder, Chairman, and Chief Executive Officer of Trident, and H.E. Augustin Kibassa Maliba, Minister of Posts, Telecommunications, and Digital Affairs of the Democratic Republic of Congo, at the signing event.

    e-KYC technology streamlines identity verification for organizations while enhancing security. Trident’s deployment will focus on four core use cases:

    1.  SIM-card registration: biometric-blockchain binding of the SIM to a verified citizen record, eradicating “ghost” lines and cutting operator-fraud losses and regulatory fines in real time.

    2.  Seamless access to e-government and business portals: with single-sign-on (SSO), Congolese can access and conduct transactions easily with public and private institutions through one log-in.

    3.  Digital payments enablement: one-click e-KYC that auto-scores risk and unlocks instant credit, driving formal financial access beyond the siloed, branch-first systems in use today.

    4.  Digital Citizen Identity: centralized and secure identity record that complements physical IDs, giving Congolese a verifiable digital credential for public and private-sector transactions.

    After registering for their national ID, citizens will be able to download the “Tridentity” mobile application and enroll their DRCPass, which uses secure single-sign-on (SSO) to access authorized applications and websites.

    “Over the past several months our teams have worked hand-in-hand with the DRC government to prepare for this moment. We commend the Republic’s leadership for embracing a digital future and look forward to supporting a nationwide rollout that others in Africa will surely emulate,” said Soon Huat Lim, Founder, Chairman and Chief Executive Officer of Trident.

    “Today marks more than the signing of a partnership contract with Trident Digital Tech; it marks a defining chapter in the digital rebirth of our nation. By launching the national digital identification system, we lay a cornerstone for a Democratic Republic of Congo that is digitally sovereign, financially inclusive, and resilient to tomorrow’s challenges. As we begin phased deployment of DRCPass, we are not merely adopting innovation; we are shaping the future of governance in Africa,” said H.E. Augustin Kibassa Maliba, Minister of Posts, Telecommunications and Digital Affairs of the DRC.

    According to GSMA Intelligence, the DRC has more than 80 million mobile subscribers and an expanding base of banked citizens populations that will directly benefit from secure e-KYC services.

    About Trident
    Trident is a leading catalyst for digital transformation in technology optimization and Web 3.0 activation. Its flagship product, Tridentity, is a blockchain-based identity platform that is designed to deliver secure single-sign-on authentication across diverse industries. Trident’s mission is to become a global leader in Web 3.0 enablement, connecting organizations to reliable and secure digital infrastructure with optimized user experiences, with a strong focus on Southern Africa and other high-growth markets.

    Safe Harbor Statement
    This announcement contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in announcements and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, including the possibility that the national digital identification system and the e-KYC process will not materialize as contemplated under the PPP agreement. A number of factors could also cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the risk and uncertainties as to the timing of the implementation of the agreement; potential adverse reactions or changes to business relationships; adverse changes in general economic or market conditions; and actions by third parties, including government agencies; the Company’s strategies, future business development, and financial condition and results of operations; the expected growth of the digital solutions market; the political, economic, social and legal developments in the jurisdictions that the Company operates in or in which the Company intends to expand its business and operations; the Company’s ability to maintain and enhance its brand. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this announcement is as of the date of this announcement, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    Investor & Media Contacts
    Investor Relations
    Robin Yang, Partner – ICR LLC
    investor@tridentity.me | +1 (212) 321-0602

    Media Relations
    Brad Burgess, SVP – ICR LLC
    brad.burgess@icrinc.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8672d8e2-07e1-4248-9dc8-3cae467061a5

    The MIL Network –

  • MIL-OSI: Revenera Launches New SaaS Monetization Fast Track Program to Help Tech Companies Enable Flexible and Innovative SaaS Monetization

    Source: GlobeNewswire (MIL-OSI)

    ITASCA, Ill., June 25, 2025 (GLOBE NEWSWIRE) — Revenera, producer of innovative platforms that help technology companies build better products, accelerate time-to-value, and monetize what matters, today announced the launch of SaaS Monetization Fast Track, a new program designed to help software companies quickly implement and scale modern monetization strategies. Tailored specifically for SaaS businesses or SaaS product lines, from high-growth startups to established enterprises, this initiative provides a clear, simplified path to success for SaaS Monetization with Revenera’s leading monetization services.

    SaaS Monetization Fast Track is part of Revenera’s broader effort to make it easier for cloud-native companies to manage entitlements and quickly enable or change monetization models, including subscription, consumption or token-based models. With a structured program that includes business case assessment, best practices guidance and proven getting-started path, customers can expect to be up and running in weeks. More importantly, they benefit from a system built for flexibility and scale, making the implementation of a future new business model a matter of configuration, rather than consuming valuable R&D time.

    “SaaS teams often think that building solutions is better than buying purpose-built products. But that slows them down and consumes valuable engineering time. We see many SaaS companies that struggle with homegrown monetization approaches that are inflexible and expensive to change, ultimately costing them valuable time and resources. Revenera’s SaaS Monetization Fast Track is created for companies that want to focus their teams on building valuable new features and leave the monetization solution and infrastructure to the experts at Revenera,” said Nicole Segerer, SVP and General Manager of Revenera. “Revenera removed the complexity and cost barriers that often slow down SaaS monetization initiatives. This is about helping companies move faster, smarter, and with confidence—from day one.”

    Key benefits of the SaaS Monetization Fast Track program include:

    • Streamlined onboarding with predefined professional services,
    • Flexible pricing tiers matched to company size,
    • Quick go-live timeline with structured planning and integration,
    • Built-in connectors (like Salesforce) for faster setup,
    • Out-of-the-box support for various monetization models, and
    • Embedded analytics for insights into usage, renewals, churn risk, and upsell/cross-sell potential.

    Forrester’s recent Total Economic Impact™ study found Revenera’s software monetization platform delivered a three-year 426% ROI with an initial payback period of less than six months.

    Whether launching a new SaaS product or transitioning from homegrown monetization solutions, SaaS Monetization Fast Track offers the tools, support, and speed companies need to accelerate time-to-market and drive recurring revenue from the start.

    For more information on how to get started, visit:
    https://info.revenera.com/SWM-Contact-Us-SaaS-Monetization-Fast-Track

    About Revenera

    Revenera helps product executives build better products, accelerate time to value and monetize what matters. Revenera’s leading solutions help software and technology companies drive top line revenue with modern software monetization, understand usage and compliance with software usage analytics, empower the use of open source with software composition analysis and deliver an excellent user experience—for embedded, on-premises, cloud and SaaS products. To learn more, visit www.revenera.com.

    The MIL Network –

  • MIL-OSI: Revenera Launches New SaaS Monetization Fast Track Program to Help Tech Companies Enable Flexible and Innovative SaaS Monetization

    Source: GlobeNewswire (MIL-OSI)

    ITASCA, Ill., June 25, 2025 (GLOBE NEWSWIRE) — Revenera, producer of innovative platforms that help technology companies build better products, accelerate time-to-value, and monetize what matters, today announced the launch of SaaS Monetization Fast Track, a new program designed to help software companies quickly implement and scale modern monetization strategies. Tailored specifically for SaaS businesses or SaaS product lines, from high-growth startups to established enterprises, this initiative provides a clear, simplified path to success for SaaS Monetization with Revenera’s leading monetization services.

    SaaS Monetization Fast Track is part of Revenera’s broader effort to make it easier for cloud-native companies to manage entitlements and quickly enable or change monetization models, including subscription, consumption or token-based models. With a structured program that includes business case assessment, best practices guidance and proven getting-started path, customers can expect to be up and running in weeks. More importantly, they benefit from a system built for flexibility and scale, making the implementation of a future new business model a matter of configuration, rather than consuming valuable R&D time.

    “SaaS teams often think that building solutions is better than buying purpose-built products. But that slows them down and consumes valuable engineering time. We see many SaaS companies that struggle with homegrown monetization approaches that are inflexible and expensive to change, ultimately costing them valuable time and resources. Revenera’s SaaS Monetization Fast Track is created for companies that want to focus their teams on building valuable new features and leave the monetization solution and infrastructure to the experts at Revenera,” said Nicole Segerer, SVP and General Manager of Revenera. “Revenera removed the complexity and cost barriers that often slow down SaaS monetization initiatives. This is about helping companies move faster, smarter, and with confidence—from day one.”

    Key benefits of the SaaS Monetization Fast Track program include:

    • Streamlined onboarding with predefined professional services,
    • Flexible pricing tiers matched to company size,
    • Quick go-live timeline with structured planning and integration,
    • Built-in connectors (like Salesforce) for faster setup,
    • Out-of-the-box support for various monetization models, and
    • Embedded analytics for insights into usage, renewals, churn risk, and upsell/cross-sell potential.

    Forrester’s recent Total Economic Impact™ study found Revenera’s software monetization platform delivered a three-year 426% ROI with an initial payback period of less than six months.

    Whether launching a new SaaS product or transitioning from homegrown monetization solutions, SaaS Monetization Fast Track offers the tools, support, and speed companies need to accelerate time-to-market and drive recurring revenue from the start.

    For more information on how to get started, visit:
    https://info.revenera.com/SWM-Contact-Us-SaaS-Monetization-Fast-Track

    About Revenera

    Revenera helps product executives build better products, accelerate time to value and monetize what matters. Revenera’s leading solutions help software and technology companies drive top line revenue with modern software monetization, understand usage and compliance with software usage analytics, empower the use of open source with software composition analysis and deliver an excellent user experience—for embedded, on-premises, cloud and SaaS products. To learn more, visit www.revenera.com.

    The MIL Network –

  • MIL-OSI: zerohash Adds Native USDC Support on World Chain

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, June 25, 2025 (GLOBE NEWSWIRE) — zerohash, the leading on-chain infrastructure platform, today announced that it has enabled native support for USDC on World Chain, the blockchain designed for real humans. This expansion of the partnership follows the launch of real-time account funding in World’s Kalshi Mini App, powered by zerohash.

    Through its regulated affiliates, Circle issues USDC and recently upgraded World’s 28 million users from bridged USDC into native USDC. zerohash enables instant liquidity between USDC and USD, unlocking everyday utility for these users.

    zerohash provides critical infrastructure connectivity to traditional and fintech businesses. zerohash is trusted by the world’s leading enterprises including Stripe, Shift4, Bolt, and Simplex by Nuvei to build real-world stablecoin solutions across trading, payments, and tokenization.

    “We’re focused on expanding access to the digital economy for the real human network, and zerohash is helping to power this mission,” said Patrick Traughber, Head of Financial Products at Tools for Humanity, a key contributor to World. “zerohash’s support for native USDC on World unlocks greater opportunity and access for developers building solutions to enable seamless everyday finance on World Chain.”

    “We are delighted to deepen our partnership with World by enabling native USDC support,” said Edward Woodford, CEO and Founder of zerohash. “We look forward to continuing to simplify access to stablecoin technology for developers, so they can build new and novel stablecoin use cases cross-chain, and tap into the millions of global USDC holders on World Chain.”

    zerohash now supports USDC on an industry-leading 15 networks. Its infrastructure abstraction layer solves cross-chain interoperability, enabling value to move on-chain, anytime, anywhere, by anyone.

    About zerohash
    zerohash is the leading infrastructure provider for crypto, stablecoin, and tokenized assets. Its API and embeddable dev-kit enables innovators to easily launch solutions across cross-border payments, commerce, trading, remittance, payroll, tokenization, and on/off-ramps.

    zerohash powers solutions for some of the largest and innovative companies including Interactive Brokers, Stripe, Shift4, Franklin Templeton, Felix Pago, Kalshi, and LightSpark. Zerohash Holdings is backed by investors, including Point72 Ventures, Bain Capital Ventures, and NYCA.

    In the United States, Zero Hash LLC is a FinCen-registered Money Service Business and a regulated Money Transmitter that can operate in 51 U.S. jurisdictions. Zero Hash LLC and Zero Hash Liquidity Services LLC are licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Zero Hash Trust Company LLC has been approved by the North Carolina Commissioner of Banks as a non-depository trust company. For information about our global regulatory footprint, including our Argentinian registrations, see here.

    zerohash Disclosures

    The zerohash services and product offerings may not be available in all jurisdictions, including in the State of New York. Crypto and stablecoin holdings held in zerohash accounts are not subject to FDIC or SIPC protections in the U.S., or any such equivalent protections that may exist outside of the U.S. zerohash’s technical support and enablement of any asset is not an endorsement of such asset and is not a recommendation to buy, sell, or hold any crypto asset. The value of any cryptocurrency, including digital assets pegged to fiat currency, commodities, or any other asset, may go to zero.

    *Staking services are not available to New York customers.

    Learn more by visiting zerohash.com or following us on X @ZeroHashX

    Media Contacts
    zerohash
    Shaun O’Keeffe
    (855) 744-7333
    media@zerohash.com

    The MIL Network –

  • MIL-OSI: TSplus Academy Adds Verified Badges to Empower Learners and Partners

    Source: GlobeNewswire (MIL-OSI)

    PARIS, June 25, 2025 (GLOBE NEWSWIRE) — Just weeks after the successful relaunch of the TSplus Academy on a brand-new Learning Management System (LMS), the e-learning platform continues to evolve with powerful enhancements aimed at helping users master the full suite of TSplus solutions.

    Bulk Enrollments: Training Teams to TSplus Got Easier

    In response to high demand, TSplus Academy now supports bulk registration, allowing administrators and partners to efficiently enroll multiple users at once. This update is designed to streamline onboarding and enable organizations to quickly upskill their teams, while also tracking progress at scale. Whether for internal IT departments or reseller networks, this feature ensures a smooth learning journey from the very first login.

    Verified TSplus Badges: A New Standard for Certification

    TSplus is proud to introduce verified digital badges, aligned with the global Open Badge v2 standard and inspired by industry leaders like Microsoft and Citrix. Each badge represents a product-specific achievement, and a master badge is awarded upon completion of the full TSplus training program.

    More than just a certificate, these secure, traceable, and shareable credentials add real value to learners:

    • Credibility: Unlike PDFs, badges cannot be falsified, offering trusted proof of expertise.
    • Visibility: When shared on LinkedIn, websites, or email signatures, badges promote both the learner and the TSplus brand.
    • Engagement: Open badge systems have been shown to significantly increase enrollment and course completion rates (IBM study: +129% enrollment, +226% completion).

    Video tutorials are available to help users integrate and showcase their TSplus badges:

    Smarter Learning with a Visual Dashboard

    To further improve the learner experience, TSplus Academy has rolled out a progress tracking dashboard, giving users a clear visual of which badges they have earned—and which remain to be completed. Certificates are now only available once all required badges are obtained and the training evaluation form has been completed, reinforcing our commitment to quality and continuous improvement.

    As TSplus software evolves, so does the Academy. The curriculum is continuously updated to reflect the latest product changes, ensuring learners stay current and certified on the most up-to-date features and functionalities.

    To explore TSplus Academy, visit: www.academy.tsplus.net

    About TSplus

    TSplus provides simple, secure, and cost-effective remote access and application delivery solutions to businesses and organizations worldwide. With a global partner network and a focus on innovation, TSplus connects users to their workspaces anytime, anywhere.

    Press Contact

    Caleb Zaharris

    Marketing Director

    Caleb.zaharris@tsplus.net

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/885db06e-3190-49af-94a3-6c8ff786700a

    The MIL Network –

  • MIL-OSI: Sprout Social Wins Top Industry Awards for Product Excellence, Customer Satisfaction and Global Impact

    Source: GlobeNewswire (MIL-OSI)

    • Sprout earns 164 leader badges in G2’s 2025 Summer Reports across all business segments and regions while ranking #1 in 33 reports including the Enterprise Grid® Report for Social Media Suites and the Grid® Report for Social Customer Service
    • Sprout earns #1 in 17 region-specific G2 reports, including the Enterprise EMEA Regional Grid® Report for Social Customer Service and the Southeast Asia Regional Grid® Report for Social Media Suites
    • TrustRadius recognizes Sprout with eight awards in the 2025 Top Rated Awards across categories including Social Media Marketing, Social Media Customer Service and Competitive Intelligence

    CHICAGO, June 25, 2025 (GLOBE NEWSWIRE) — Sprout Social (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, has been recognized in G2’s 2025 Summer Reports with 164 leader badges across all business segments—from small business to mid-market and enterprise—and spanning every global region including EMEA, APAC, and the Middle East.

    Sprout Social ranked #1 in 33 individual G2 reports, including the Enterprise Grid® Report for Social Media Suites, the Enterprise Results Index for Social Media Analytics, and the Grid® Report for Social Customer Service. Demonstrating its continued international growth and customer impact, Sprout also earned the top spot in 17 region-specific reports, such as the Enterprise EMEA Regional Grid® Report for Social Customer Service and the Southeast Asia Regional Grid® Report for Social Media Suites.

    Sprout Social was also honored in the TrustRadius 2025 Top Rated Awards, recognized in eight categories: Social Media Customer Service, Social Media Marketing, Social Media Analytics, Social Media Monitoring, Competitive Intelligence, Audience Intelligence, Social Media Management andOnline Reputation Management.

    “These recognitions from G2 and TrustRadius are a testament to the meaningful results our customers are achieving with Sprout,” said Scott Morris, CMO of Sprout Social. “As the global leader in our space, we continue to invest in AI and product innovation focused on helping brands unlock the full power of social to drive smarter decisions, deeper engagement and lasting business impact.”

    The company’s strong performance in these awards follow a wave of product innovations and advanced AI capabilities across Sprout’s platform, including recent launches within Care by Sprout Social and Sprout Social Influencer Marketing. The company recently celebrated 15 years of helping brands harness the ever-evolving power of social to build stronger connections and drive business-wide impact. Sprout Social earned its place on these lists because of customer feedback, including:

    “Sprout Social has become an essential part of our marketing toolkit. The reporting features are especially strong—clear, customizable, and easy to share with stakeholders. We also rely heavily on the listening tools, which help us stay ahead of conversations and understand our audience more deeply. The interface is intuitive, and the collaboration features help our team stay aligned.”

    “I use Sprout all day every day and love having everything in one platform – scheduling, analytics, advocacy, monitoring, and more. A lot of social media professionals wear many hats and Sprout gives you a space to manage it all.”

    “Our executive team has recently been asking for more detailed data on our digital marketing efforts, especially social media. Sprout Social has been a lifesaver, providing easy access to clear, actionable data that simplifies showcasing the ROI and impact of social media to executives. It’s made navigating these conversations far more efficient and impactful!”

    “I am a big fan of the collaboration Sprout offers. From the Smart inbox to the publishing calendar, my team is able to seamlessly work together to create, manage, and respond to social content. It’s easy to bring our customer service and social teams together.”

    For more information about Sprout Social and its award-winning platform, visit www.sproutsocial.com.

    Social Media Profiles:
    www.x.com/SproutSocial
    www.x.com/SproutSocialIR
    www.facebook.com/SproutSocialInc
    www.linkedin.com/company/sprout-social-inc-/
    www.instagram.com/sproutsocial

    Contact
    Media:
    Kaitlyn Gronek
    Email: pr@sproutsocial.com
    Phone: (773) 904-9674

    Investors:
    Lexi Johnson
    Email: lexi.johnson@sproutsocial.com
    Phone: (312) 528-9166

    About Sprout Social

    Sprout Social is a global leader in social media management and analytics software, built on the belief that All Business is Social℠. Sprout’s intuitive platform puts powerful social data into the hands of approximately 30,000 brands so they can deliver smarter, faster business impact. Named the #1 Best Software Product by G2’s 2024 Best Software Award, Sprout offers comprehensive publishing and engagement functionality, customer care, influencer marketing, advocacy, and AI-powered business intelligence. Sprout’s software operates across all major social media networks and digital platforms. For more information about Sprout Social (NASDAQ: SPT), visit sproutsocial.com.

    The MIL Network –

  • MIL-OSI Economics: REPORT: Energy Storage Market Continues Strong Growth in Q1 2025

    Source: American Clean Power Association (ACP)

    Headline: REPORT: Energy Storage Market Continues Strong Growth in Q1 2025

    HOUSTON/WASHINGTON, D.C. June 25, 2025 — According to the new U.S. Energy Storage Monitor developed by Wood Mackenzie and the American Clean Power Association (ACP), the American energy storage market experienced record growth in Q1 2025—amidst current policy uncertainty.
    The U.S. energy storage market added more than 2 GW across all segments in Q1 2025, marking the highest Q1 on record. The utility-scale segment led the way with more than 1.5 GW of new capacity, representing a significant 57% increase compared to Q1 2024.
    “Surging energy demand is putting the electric grid under strain. The energy storage market is responding to help keep the lights on and support this unprecedented growth in an affordable and reliable way,” said John Hensley, ACP SVP of Markets and Policy Analysis. “Policy uncertainty is now one of the most significant risks that remains on the horizon as we tackle a balanced approach to allowing our economy to expand while maintaining the energy reliability that Americans deserve.”
    New horizons in the market
    The report shows there is a growing appetite across the country for deployment of grid-scale energy storage, as utilities, regulators, and communities further integrate the technology into their resource planning. In Q1 of 2025, states such as Indiana highlighted the geographic diversification that continues to take place as the market expands beyond early adopters such as Texas and California.
    The growing market in Indiana is made possible due to factors such as land availability and clear state permitting guidelines.

    Indiana added 256 MW of new storage to the grid in Q1 2025, effectively quadrupling its operational storage capacity.
    Indiana has more than 10 GW of new storage active in the interconnection queue—the fifth largest storage queue in the country.

    “We’re now seeing significant deployment of energy storage resources in emerging markets like Indiana, while states across the Southwest like Nevada and Arizona continue to expand their energy storage portfolio,” said ACP Vice President of Energy Storage, Noah Roberts. “Energy storage was the second most deployed resource in Q1 2025, demonstrating its unique ability to be quickly built to address critical reliability needs.”
    The residential storage market also saw significant year-over-year (YoY) growth, installing a record-breaking 458 MW in Q1. California and Puerto Rico accounted for 74% of this growth, while new markets like Illinois are beginning to emerge.
    A moment of policy uncertaintyThe total 5-year utility-scale capacity forecast remains strong. However, the segment is at risk for a potential 29% contraction in 2026 due to policy uncertainty.
    The community-scale, commercial, and industrial (CCI) segment has seen a 42% reduction in its five-year outlook, struggling with tariff uncertainty and slower-than-anticipated transition to NEM 3.0 projects in California.
    The report cautions that potential changes to current tax credits could significantly impact the industry’s overall growth. If access to the Investment Tax Credit (ITC) is severely reduced as proposed in the reconciliation bill passed by the House, it could lead to a 27% reduction in buildout over the forecast period. (Note: this report was developed before the U.S. Senate Finance Committee released its version of the reconciliation bill on June 16.)
    Distributed storage would be the most impacted segment, with a potential 46% drop from the base case over the next 5 years. Utility-scale installations would decrease by 16 GW over the next 5 years if the tax provisions are changed.
    In the near term, the report projects that 15 GW/49 GWh of energy storage capacity will be installed across all segments in 2025. The utility-scale segment is expected to grow 22% YoY in 2025.
    As the market evolves, continued innovation, supportive policies, and strategic planning will be crucial to navigate the changing landscape and capitalize on the immense potential of energy storage in the U.S. energy transformation.
    “The Q1 2025 results demonstrate the demand for energy storage in the US to serve a grid with both growing renewables and growing load. However, the industry stands at a crossroads, with potential policy changes threatening to disrupt this momentum,” said Allison Weis, Global Head of Energy Storage at Wood Mackenzie. “It’s crucial that policymakers understand the importance of stable, supportive policies for the continued expansion of energy storage.”
    Purchase the full report at ACP’s website.
    ###
    Wood Mackenzie’s media relations team
    Mark Thomton
    +1 630 881 6885
    [email protected]
    Hla Myat Mon+65 8533 8860
    [email protected]
    Chris Boba+44 7408 841129
    [email protected]
    Angélica Juárez
    +5256 4171 1980
    [email protected]
    About Wood Mackenzie
    Wood Mackenzie is the global insight business for renewables, energy and natural resources. Driven by data. Powered by people. In the middle of an energy revolution, businesses and governments need reliable and actionable insight to lead the transition to a sustainable future. That’s why we cover the entire supply chain with unparalleled breadth and depth, backed by over 50 years’ experience in natural resources. Today, our team of over 2,000 experts operate across 30 global locations, inspiring customers’ decisions through real-time analytics, consultancy, events and thought leadership. Together, we deliver the insight they need to separate risk from opportunity and make bold decisions when it matters most. For more information, visit woodmac.com.

    MIL OSI Economics –

  • MIL-OSI Africa: eThekwini Municipality cracks down on diesel theft

    Source: South Africa News Agency

    eThekwini Municipality cracks down on diesel theft

    The eThekwini Municipality has called on residents to report any instances of fraud and corruption following the arrest of a man implicated in a diesel theft syndicate targeting the city’s fuel supply system.

    According to the municipality, the suspect, who posed as a municipal employee, was apprehended while filling diesel at a petrol station used by the city’s fleet.

    This followed a tip-off to the Municipal City Fleet Directorate, which reported suspicious activity involving certain vehicles refuelling excessively, with some more than 10 times a day.

    A preliminary investigation conducted by the City Integrity and Investigations Directorate revealed that a municipal fuel master card, issued by the Water and Sanitation Directorate, was being fraudulently used by privately owned vehicles.

    According to the municipality, the fuel master being used was for a vehicle that has been stationary for a long time and marked for disposal.

    “The suspect had duplicated the number plate and branding on the side of the car doors to make it look similar to other municipal cars. in this instance, municipal employees were working with external people to conduct fraud and corruption.

    “The culprit had four vehicles fitted with a 750-litre fuel tank at the base of each single cab van. The diesel was stored in these tanks and resold. Each vehicle generated about R78 000 a day,” Director of the City Integrity and Investigations Directorate, Jimmy Ngcobo said.

    Ngcobo said the suspect, who did rounds everyday filling diesel at over 15 petrol stations around the city, was caught red-handed with assistance from the Metro Police and private company, Reaction Unit South Africa.

    At the time of the arrest, the suspect, who was wearing a municipal uniform admitted that he does not work for the city but employed by a private individual and earned R2000 a day.

    The suspect has since appeared in court on charges of fraud and corruption. The case was remanded to August 2025.

    “This is organised crime and should be dealt with seriously. The municipality has suffered a great financial loss, which is why we are calling on various stakeholders to report fraud and corruption when they see it happening,” Ngcobo said.

    The public can report fraud and corruption by calling 0800 20 20 20 or send an email to ombuds@durban.gov.za – SAnews.gov.za
     

    GabiK

    MIL OSI Africa –

  • India’s economy resilient amid global uncertainties: RBI

    Source: Government of India

    Source: Government of India (4)

    India’s economy remains resilient despite heightened global uncertainties, with high-frequency indicators for May pointing to sustained growth across industrial and services sectors, the Reserve Bank of India (RBI) said on Wednesday in its monthly bulletin.

    The report noted broad-based growth in agricultural output for 2024-25, with most major crops seeing an uptick in production. Retail inflation remained subdued, staying below the target for the fourth consecutive month in May.

    “Financial conditions remained conducive to efficient transmission of rate cuts,” the bulletin said.

    The RBI observed that the global economy is in flux due to trade policy uncertainties and geopolitical tensions. However, India’s provisional GDP estimates for 2024-25 reaffirm growth at 6.5%, with a significant sequential pickup in the fourth quarter.

    Among countries surveyed for the Purchasing Managers’ Index (PMI), India posted the highest overall activity and was an outlier for new export orders in May amid contractions elsewhere. Capacity utilisation by manufacturing firms stayed above its long-term average.

    High-frequency demand indicators also signalled a pickup in rural demand, driven by strong agricultural output. Consumer confidence remained stable, with optimism about future prospects improving.

     

     

    Retail inflation stayed benign as food prices eased on the back of record crop production. Core inflation also remained stable, with some softening evident after excluding the impact of volatile gold and silver prices.

    Equity markets posted modest gains through May and June despite volatility on global cues, the report added. Markets rebounded on June 20 after a sharp dip driven by geopolitical tensions in the Middle East.

    Although credit growth moderated in April — notably in agriculture and services — non-bank sources of credit, including external commercial borrowings, remained robust. Financial conditions were supportive of rate cut transmission to the credit market, the report said.

    The RBI also noted that the external sector was resilient, with adequate foreign exchange reserves to cover imports and debt.

    IANS

  • India’s economy resilient amid global uncertainties: RBI

    Source: Government of India

    Source: Government of India (4)

    India’s economy remains resilient despite heightened global uncertainties, with high-frequency indicators for May pointing to sustained growth across industrial and services sectors, the Reserve Bank of India (RBI) said on Wednesday in its monthly bulletin.

    The report noted broad-based growth in agricultural output for 2024-25, with most major crops seeing an uptick in production. Retail inflation remained subdued, staying below the target for the fourth consecutive month in May.

    “Financial conditions remained conducive to efficient transmission of rate cuts,” the bulletin said.

    The RBI observed that the global economy is in flux due to trade policy uncertainties and geopolitical tensions. However, India’s provisional GDP estimates for 2024-25 reaffirm growth at 6.5%, with a significant sequential pickup in the fourth quarter.

    Among countries surveyed for the Purchasing Managers’ Index (PMI), India posted the highest overall activity and was an outlier for new export orders in May amid contractions elsewhere. Capacity utilisation by manufacturing firms stayed above its long-term average.

    High-frequency demand indicators also signalled a pickup in rural demand, driven by strong agricultural output. Consumer confidence remained stable, with optimism about future prospects improving.

     

     

    Retail inflation stayed benign as food prices eased on the back of record crop production. Core inflation also remained stable, with some softening evident after excluding the impact of volatile gold and silver prices.

    Equity markets posted modest gains through May and June despite volatility on global cues, the report added. Markets rebounded on June 20 after a sharp dip driven by geopolitical tensions in the Middle East.

    Although credit growth moderated in April — notably in agriculture and services — non-bank sources of credit, including external commercial borrowings, remained robust. Financial conditions were supportive of rate cut transmission to the credit market, the report said.

    The RBI also noted that the external sector was resilient, with adequate foreign exchange reserves to cover imports and debt.

    IANS

  • MIL-OSI United Kingdom: SNP happy to give public money to Israel’s weapons manufacturers

    Source: Scottish Greens

    25 Jun 2025 External Affairs

    More in External Affairs

    Scottish Enterprise are set to continue funding arms companies linked to Israel and Saudi Arabia such as Leonardo, Raytheon and BAE Systems. The move has been condemned by the Scottish Greens as “shameful”.

    Companies receiving funds through Scottish Enterprise are meant to be subject to a human rights due diligence check, but no company has ever failed these checks.

    A new report in The Ferret has highlighted that despite a genocide taking place in Gaza, only four human rights checks were carried out on arms companies between January 2022 and April 2025, all of which have passed.

    The Scottish Greens used a parliamentary debate in February to force the Scottish Government into undertaking a review of these human rights checks to ensure that Scotland is meeting its international obligations.

    The review has concluded that despite funding the manufacturer of parts for F-35s and other military technology, Scottish Enterprise have never funded munitions – completely missing the point of the review.

    Since the review began in February over 10,000 people have been murdered in Palestine.

    Reacting to the review, Scottish Greens Co-Leader Lorna Slater MSP said:

    “I am honestly shocked at this outcome, the SNP have been right to call out Westminster’s disgraceful complicity in Israel’s war crimes but when it came to taking action here in Scotland the SNP have shamefully chosen the future of war profiteers over the lives of innocent Palestinians.

    “Not a single penny of public money should be spent on funding arms companies that are profiting from war crimes and genocide in Gaza and the West Bank.

    “This decision shows that the SNP not only know about their funding of Israel’s arms dealers, but they are happy to green light future deals!

    “The SNP have been happy to talk the talk when it comes to rightly condemning Labour’s bloody hands in this conflict, but when it really counted they’ve done nothing but try to sweep their continued funding of these arms dealers under the rug.

    “We cannot sit back and continue to allow Scottish tax payers money to be spent on funding war profiteers. Scottish Greens will continue our fight to end Scotland’s complicity in Israel’s genocide.”

    MIL OSI United Kingdom –

  • MIL-OSI Russia: China launches 300 billion yuan medium-term lending facility

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    BEIJING, June 25 (Xinhua) — The People’s Bank of China (PBOC, the central bank) on Wednesday launched a 300 billion yuan (about 41.86 billion U.S. dollars) medium-term lending facility (MLF) to maintain sufficient liquidity in the banking system.

    According to the regulator, the one-year transaction was carried out on a fixed-quantity basis and interest-rate trading.

    With 182 billion yuan of MLF maturing this month, net inflows through the facility in June were only 118 billion yuan.

    Earlier this month, the PBOC also conducted two direct reverse repos, which brought in a total of 200 billion yuan of net liquidity, bringing the total medium-term net liquidity injections for June to 318 billion yuan.

    Analysts note that as government bond issuance accelerates, sustained liquidity support plays a key role in reducing funding volatility and strengthening market expectations. -0-

    MIL OSI Russia News –

  • MIL-OSI Canada: Canada joins new NATO Defence Investment Pledge

    Source: Government of Canada – Prime Minister

    The world is increasingly dangerous and divided, with the rules-based international system under unprecedented pressure and global conflict becoming more frequent and volatile. To meet this moment, Canada and its Allies are building their defence capabilities to strengthen our collective security.

    Today, the Prime Minister, Mark Carney, announced that Canada and its North Atlantic Treaty Organization (NATO) Allies have agreed to a new Defence Investment Pledge of investing 5 per cent of annual GDP by 2035 to ensure our individual and collective security. The commitment aligns with Canada’s own strategic defence and security goals.

    As part of this 5 per cent pledge, Canada will invest 3.5 per cent of GDP for core military capabilities, expanding on our recent investments. That means further investments in our Canadian Armed Forces, modernizing our military equipment and technology, building up Canada’s defence industries, and diversifying our defence partnerships. An additional 1.5 per cent of GDP will be dedicated to investments in critical defence and security-related expenditure, such as new airports, ports, telecommunication, emergency preparedness systems, and other dual-use investments which serve defence as well as civilian readiness. Importantly, the progress of this pledge will be reviewed in 2029 to ensure Allies’ expenditures align with the global security landscape.

    At the Summit, Canada and its Allies reaffirmed their support for Ukraine and the leaders agreed on the imperative for a just and lasting peace. Canada’s contributions to Ukraine’s defence and its defence industries, including Canada’s $2 billion in military assistance announced last week at the 2025 G7 Leaders’ Summit in Kananaskis, Alberta, are included in our NATO contributions, as the security of Ukraine is critical to our collective security.

    Quotes

    “The world is increasingly dangerous and divided. Canada must strengthen our defence to better protect our sovereignty, our interests, and our Allies. These investments won’t just build our military capacity – they will build our industries and create good, high-paying jobs at home. If we want a more secure world, we need a stronger Canada.”

    “Canada is a proud founding member of the Alliance. In an increasingly unstable and unpredictable world, we are making the critical investments needed to keep Canadians safe, support our Armed Forces, and strengthen our role in Europe and on the world stage. The renewed Defence Investment Pledge to invest 5 per cent of GDP by 2035 reaffirms Canada’s strong commitment to our security, to our sovereignty, and to NATO.”

    Related Product

    Associated Link

    MIL OSI Canada News –

  • MIL-OSI Asia-Pac: Green maritime fuel supply chain set

    Source: Hong Kong Information Services

    Secretary for Transport & Logistics Mable Chan today attended the Mainland-Hong Kong Green Energy Matchmaking Event, which aims to provide a collaborative platform for relevant suppliers and companies with demand, to catalyse a comprehensive green maritime fuel supply chain and trade.

    The event was organised by the Trade Development Bureau of the Ministry of Commerce of the People’s Republic of China and co-organised by the Transport & Logistics Bureau (TLB) and the Department of Commerce of Guangdong Province.

    It was held simultaneously in Hong Kong and Shenzhen today. 

    More than 200 representatives from various enterprises gathered to exchange views and discuss collaborations in relation to fuel off-take and to sign relevant Memoranda of Understanding (MoUs).

    Speaking at the Hong Kong venue, Ms Chan said Hong Kong and the Mainland have strong complementarity in the development of green maritime fuels.

    “The Mainland’s core strength lies in the production of green fuels, while Hong Kong, as the southern gate of Mainland China and an international financial, trading and maritime centre, is not only home to a large number of international shipping enterprises, but also enjoys advantages such as free flow of capital, a financial and legal system that is in line with the rest of the world, and a trade settlement mechanism that allows immediate payment settlements.”

    She added that Hong Kong is the top bunkering centre in the Guangdong-Hong Kong-Macao Greater Bay Area, the second largest in the whole of China and ranks seventh globally.

    “By adopting the ‘north-to-south sales’ model, under which the high-quality green maritime fuels produced on the Mainland can be exported to the world through Hong Kong’s international trading gateway, we will open up new ‘blue ocean’ opportunities for enterprises from the two places.”

    The transport chief also pointed out the event materialised the target of the Action Plan on Green Maritime Fuel Bunkering promulgated by the Hong Kong Special Administrative Region Government in November last year, which said the Government will develop Hong Kong into the preferred green maritime fuel bunkering and trading centre in the region. 

    Furthermore, Ms Chan witnessed the signing of MoUs between the TLB and various parties to collaborate on promoting the development of green maritime fuel-related businesses and establishing a market for the trade of green maritime fuels.

    Meanwhile, Commissioner for Maritime & Port Development Amy Chan attended the event at the Shenzhen venue, where she announced that the Marine Department will gazette the Code of Practice for Methanol Bunkering within this month, and launch the Green Maritime Fuel Bunkering Incentive Scheme.

    MIL OSI Asia Pacific News –

  • MIL-OSI: Beeline Title Among the First to Close Crypto Real Estate Transaction

    Source: GlobeNewswire (MIL-OSI)

    PROVIDENCE, R.I., June 25, 2025 (GLOBE NEWSWIRE) — via IBN – Beeline Holdings, Inc., (NASDAQ: BLNE) the fast-growing digital mortgage platform that shortens the path to homeownership, is pleased to announce that its subsidiary, Beeline Title holdings, Inc. (“Beeline Title”), has successfully closed what it believes to be among the first to close a residential real estate transaction funded through the sale of a cryptocurrency token backed by real property. The transaction marks a major milestone in the evolution of blockchain-driven real estate finance, bridging decentralized finance with traditional title and escrow services.

    “Several mortgage lenders are already developing funding models that involve the conversion of cryptocurrencies to U.S. dollars at closing,” said Nick Liuzza, CEO of Beeline Holdings. “But for these models to function at scale, you need a title company that not only understands blockchain transactions—but has the infrastructure to disburse and reconcile them in compliance with federal and state regulations.”

    Beeline’s TItle’s cryptocurrency-enabled transaction is the beginning of a broader rollout. Beeline Loans, Inc., another subsidiary, is set to launch a Fractional Sale of equity product leveagering the crypto ecosystem in early August 2025, with Beeline Title providing the title and closing services for each transaction—unless borrowers elect to use an outside title company.

    Importantly, Beeline Title will open this platform to all mortgage lenders, giving them access to a proven solution for cryptocurrency token transaction reconciliation, compliance and disbursement.

    Liuzza continued: “Our team built Linear Title, one of the largest privately held title agencies in the U.S., prior to merging with Real Matters and going public on the TSX. Through 2019, we closed over one million title transactions across all 50 states, and this new platform is an extension of that expertise—tailored to the next generation of mortgage transactions.”

    As cryptocurrency adoption accelerates and becomes regulated by federal and state governments, Beeline is positioning itself as a leader in this fastmoving ecosystem, offering trusted infrastructure to help lenders scale into a future where crypto and compliance go hand-in-hand.

    About Beeline Financial Holdings, Inc.

    Beeline Financial Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, AI-powered platform, Beeline delivers a faster, smarter path to home loans—whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. The company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the company’s prospective new home equity access product, the potential market for, timing, features, and demand for such product, and the benefits thereof. Forward-looking statements are prefaced by words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “should,” “would,” “intend,” “seem,” “potential,” “appear,” “continue,” “future,” believe,” “estimate,” “forecast,” “project,” and similar words. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. We caution you, therefore, against relying on any of these forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements for a variety of reasons, including, without limitation, the possibility that estimates, projections and assumptions on which the forward-looking statements are based prove to be incorrect, the ultimate interest of homeowners in unlocking liquidity and Beeline’s ability to attract homeowners, its reliance on a related party to raise capital to fund the real estate transactions and the Risk Factors contained in our Form 10-K filed April 15, 2025. Any forward-looking statement made by us in this presentation speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Investor Contact:
    investors@makeabeeline.com

    Media Contact:
    press@makeabeeline.com

    Wire Service Contact:
    IBN
    Austin, Texas
    www.InvestorBrandNetwork.com
    512.354.7000 Office
    Editor@InvestorBrandNetwork.com

    The MIL Network –

  • MIL-OSI: Data443 Risk Mitigation Acquires TacitRed™ External Attack Surface Management SaaS Platform from Cogility

    Source: GlobeNewswire (MIL-OSI)

    Advanced Cyber Threat Intelligence Platform Strengthens Data443’s Comprehensive Security Portfolio and Accelerates Market Expansion

    RESEARCH TRIANGLE PARK, N.C., June 25, 2025 (GLOBE NEWSWIRE) — Data443 Risk Mitigation, Inc. (OTCPK: ATDS) (“Data443” or the “Company”), a data security and privacy software company for “All Things Data Security,” today announced its thirteenth acquisition – TacitRed™ threat intelligence SaaS product from Cogility, a premier continuous decision intelligence platform provider.

    TacitRed brings a sophisticated approach to threat detection and analysis, leveraging specialized network traffic sampling via NetFlow technology to deliver real-time threat intelligence at unprecedented scale. This acquisition adds advanced threat intelligence capabilities to Data443’s already robust portfolio of data security solutions.

    TacitRed has achieved remarkable success, surpassing one billion threat findings while continuously analyzing massive volumes of global attack signals and threat intelligence sources. TacitRed provides actionable intelligence on active exposures, attacks, and risks affecting over 13 million U.S. companies, delivering unparalleled, on-demand threat findings that enable rapid response and mitigation.

    “This acquisition represents an important addition to our comprehensive data security ecosystem,” commented Jason Remillard, Founder and CEO of Data443. “TacitRed’s high-volume, detailed sampling approach ensure our customers receive the most current and actionable threat intelligence available in the market. Its proven track record, combined with its strong customer pipeline, positions us for significant growth acceleration, and we anticipate this acquisition to be accretive to our financial performance in 2025.”

    Martin Artiano, CEO of Cogility, commented, “The cyber domain experts we hired to build TacitRed made excellent use of the advanced features of Cogynt and the results were impressive. Generating continuous, detailed and curated threat findings for 13M companies was a difficult task for such a small team. We are happy that Data443 recognized the value of the people, the findings and the platform.”

    Thomas Johnson, the leader of TacitRed and his team will join Data443 as part of the transaction. Thomas added, “When a group of us from Coalition cyber insurance saw the power of the Cogynt platform, we decided to join Cogility and build a real-time, population-scale extended attack surface management capability. Our product delivers actionable threat intelligence to both cyber insurance and corporate customers, helping them stay ahead of emerging risks. We’re incredibly excited for this next chapter as TacitRed joins forces with Data443. This acquisition gives us access to an even broader range of threat intelligence, which will accelerate our ability to enhance both platforms. The team is energized by what’s ahead, and we’re looking forward to what we can accomplish together.”

    More than simply providing a data lake capability, Cogynt surfaces data points as they occur within the platform.

    Jason Remillard continued, “The platform architecture and comprehensive data sets we have acquired are truly without match in the marketplace, making this a perfect strategic fit with our existing client base. The integration creates powerful synergies that will benefit both our current customers and TacitRed’s established user community.”

    This acquisition builds upon Data443’s recent strategic initiatives, including the Company’s partnership with leading datacenter solutions provider TierPoint as part of their new data center opening in the Research Triangle area..

    As well Data443 acquired AI-powered email privacy and categorization platform Breezemail.ai for work in conjunction with its Cyren By Data443 platform. These strategic relationships position Data443 to capitalize on the growing demand for comprehensive data security and threat intelligence solutions

    About Cogility

    Cogility provides continuous decision intelligence solutions for real-time risk and opportunity assessment at scale through its advanced Cogynt™ platform. The platform enables continuous risk and opportunity assessment, allowing organizations to make decisions and take action with greater confidence, resulting in a competitive advantage.

    Cogility’s decision intelligence platform integrates event stream processing, real-time behavioral analytics, no-code modeling, and business process integration, enabling organizations to transform massive, diverse data sets into predictive and actionable intelligence. Government and commercial organizations trust the platform for its robust real-time data processing, no-code authoring, and advanced analytics capabilities. For more information, visit: https://cogility.com/

    About TacitRed™

    TacitRed™ provides tactical attack surface intelligence through continuous cyber threat and attack analysis. The platform continuously analyzes massive amounts of global attack signals and threat intelligence sources to pinpoint active exposures, attacks, and risks affecting organizations worldwide.

    The platform has achieved significant scale, surpassing one billion threat findings while providing unparalleled, on-demand intelligence. TacitRed’s core value proposition centers on unlocking fully curated, prioritized, and actionable threat findings within external attack surfaces instantly, requiring only a company domain for comprehensive analysis. For more information, visit: https://tacitred.com/

    About Data443 Risk Mitigation, Inc.

    Data443 Risk Mitigation, Inc. (OTCPK: ATDS) provides software and services to enable secure data across devices and databases, at rest and in flight/in transit, locally, on a network or in the cloud. We are All Things Data Security™. With over 10,000 customers in over 100 countries, Data443 provides a modern approach to data governance and security by identifying and protecting all sensitive data regardless of location, platform or format. Data443’s framework helps customers prioritize risk, identify security gaps and implement effective data protection and privacy management strategies. For more information, visit: https://data443.com.

    Forward-Looking Statements 

    This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by use of terms such as “expect,” “believe,” “anticipate,” “may,” “could,” “will,” “should,” “plan,” “project,” “intend,” “estimate,” “predict,” “potential,” “pursuant,” “target,” “continue” or the negative of these words or other comparable terminology. Statements in this press release that are not historical statements, including statements regarding Data443’s plans, objectives, future opportunities for Data443’s services, future financial performance and operating results, and any other statements regarding Data443’s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance, or regarding the anticipated consummation of any transaction, are forward-looking statements. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties and assumptions, many of which are difficult to predict or are beyond Data443’s control. These risks, uncertainties and assumptions could cause actual results to differ materially from the results expressed or implied by the statements. They may relate to the outcome of litigation, settlements and investigations; actions by third parties, including governmental agencies; volatility in customer spending; global economic conditions; inability to hire and retain personnel; loss of, or reduction in business with, key customers; difficulty with growth and integration of acquisitions; product liability; cybersecurity risk; anti-takeover measures in the Company’s charter documents; and the uncertainties created by global health issues, such as the ongoing outbreak of COVID, and political unrest and conflict, such as the invasion of Ukraine by Russia. These and other important risk factors are described more fully in the Company’s reports and other documents filed with the Securities and Exchange Commission (“the SEC”), including in Part I, Item 1A of the Company’s Annual Report on Form 10-K filed with the SEC on April 17, 2024, and subsequent filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to the Company on the date hereof. Except as otherwise required by applicable law, Data443 undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise.

    “DATA443” is a registered trademark of Data443 Risk Mitigation, Inc.

    All product names, trademarks and registered trademarks are property of their respective owners. All company, product and service names used in this press release are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.

    For further information:        
    Follow us on LinkedIn: https://www.linkedin.com/company/data443-risk-mitigation-inc/
    Follow us on YouTube: https://www.youtube.com/channel/UCZXDhJcx-XgMBhvE9aFHRdA
    Sign up for our Investor Newsletter: https://data443.com/investor-email-alerts/

    To learn more about Data443, please watch the Company’s video introduction on its YouTube channel: https://youtu.be/1Fp93jOxFSg

    Investor Relations Contact:
    Matthew Abenante
    ir@data443.com
    919.858.6542

    The MIL Network –

  • MIL-OSI USA: Rep. Jackson Reintroduces Bipartisan Bill, The Marshall “Major” Taylor Congressional Gold Medal Act

    Source: United States House of Representatives – Representative Jonathan Jackson – Illinois (1st District)

    FOR IMMEDIATE RELEASE

    WASHINGTON, D.C. — U.S. Representatives Jonathan L. Jackson (D-IL-01) and Jim Baird (R-IN-04) led 43 of their colleagues in reintroducing the bipartisan Marshall “Major” Taylor Congressional Gold Medal Act. This legislation would posthumously award a Congressional Gold Medal to Marshall Walter “Major” Taylor — America’s first Black sports star, recognizing his significance to the nation as a trailblazing athlete. 

    Taylor managed to become the first African American world champion in any sport and earned the title of “world’s fastest man” despite the extraordinary challenges of the Jim Crow era. He endured attempts by white promoters in both the North and South to exclude him from races. White riders, too, subjected Taylor to curses, insults, and even physical harm during competitions. Despite these adversities, Taylor’s exceptional talent and tenacity turned him into a sensation, drawing tens of thousands at races across the United States, Europe, and Australia.

    “It is without question that Marshall ‘Major’ Taylor was a man before his time, a stellar athlete, a leader in the field of cycling, and a trailblazer,” said Rep. Jackson. “I believe it is fitting that Congress award the ‘world’s fastest man’ one of our nation’s most prestigious honors.”

    “Even when compared to today’s athletes, Marshall ‘Major’ Taylor is among the greatest cyclists of all time,” said Rep. Baird. “His accomplishments are especially impressive considering the challenges he faced on his climb to cycling greatness. Marshall Taylor is one of the greatest athletes in Indiana history, and I can think of no one better suited to receive the Congressional Gold Medal.”

    “Marshall W. ‘Major’ Taylor challenged both the odds and the adversity of his time with dignity and determination, and he went on to ultimately triumph,” said Karen Brown Donovan, the great-granddaughter of Major Taylor. “The awarding of a posthumous Congressional Gold Medal would be a significant achievement towards honoring his life and legacy.”

    Supporting Individuals and Groups

    119th Congress

    Co-lead: Jim Baird (R-IN-04)

    Original Cosponsors (44 total): Shontel Brown (D-OH-11), LaMonica McIver (D-NJ-10), Bonnie Watson Coleman (D-NJ-12), Raja Krishnamoorthi (D-IL-08), Stacey Plaskett (D-VI-AL), Marc Veasey (D-TX-33), Kweisi Mfume (D-MD-07), David Scott (D-GA-13), Sanford Bishop (D-GA-02),  Delia Ramirez (D-IL-03), Frederica Wilson (D-FL-24), Sharice Davis (D-KS-03),  Jan Schakowsky (D-IL-09),  Robin Kelly (D-IL-02), Maxwell Frost (D-FL-10), Hank Johnson (D-GA-04),  Eleanor Holmes Norton (D-DC),  Mikie Sherrill (D-NJ-11), Gwen Moore (D-WI-04), Debbie Dingell (D-MI-06), Maxine Waters (D-CA-43), Sean Casten (D-IL-06), Danny Davis (D-IL-07),  Rashida Tlaib (D-MI-12),  Shri Thanedar (D-MI-13), Cleo Fields (D-LA-06),  Jim McGovern (D-MA-02), Andre Carson (D-IN-07), Jasmine Crockett (D-TX-30), Ro Khanna (D-CA-17), John Garamendi (D-CA-08), Ayanna Pressley (D-MA-07), Ted Lieu (D-CA-36), Becca Balint (D-VT-AL), Timothy Kennedy (D-NY-26), Nanette Barragan (D-CA-44), Troy Carter (D-LA-02),  Terri Sewell (D-AL-07), Brad Sherman (D-CA-32), Robert Garcia (D-CA-42), Dina Titus (D-NV-01), Steven Horsford (D-NV-04), Shomari Figures (D-AL-02).

    Supporting Organizations: Washington Area Bicyclist Association, The League of American Bicyclists, Major Taylor Association, Bike to the Beach, and Black Girls Do Bike, Inc.

    118th Congress

    Co-lead: Jim Baird (R-IN-04)

    Original Cosponsors (32 total): Danny Davis (D-IL-07), Robin Kelly (D-IL-02), André Carson (D-IN-07), Henry “Hank” Johnson (D-GA-04), Barbara Lee (D-CA-12), Eleanor Holmes-Norton (D-DC), Janice Schakowsky (D-IL-09), Mike Quigley (D-IL-05), Earl Blumenauer (D-WA-03), James McGovern (D-MA-02), David Scott (D-GA-13), Gwen Moore (D-WI-04), Sheila Jackson-Lee (D-TX-18), Mike Thompson (D-CA-04), Jasmine Crockett (D-TX-30), Raul Grijalva (D-AZ-07), Alma Adams (D-NC-12), Al Green (D-TX-09), Rashida Tlaib (D-MI-12), Raja Krishnamoorthi (D-IL-08), Sheila Cherfilus-McCormick (D-FL-20), Chuy Garcia (D-IL-04), David Trone (D-MD-06), Ann Kuster (D-NH-02), John Duarte (R-CA-13), Frederica Wilson (D-FL-24), Tony Gonzales (R-TX-23), Debbie Dingell (D-MI-06), Ted Lieu (D-CA-36), Maxwell Frost (D-FL-10), Joe Wilson (R-SC-02). 

    Supporting Organizations: Bronzeville Trail Task Force, Inc., Major Taylor Association, Washington Area Bicyclist Association, League of American Bicyclists, ADD Impact Network & Bike to the Beach, and Black Girls Do Bike, Inc. 

    About Major Taylor

    Taylor, the son of a veteran who fought in the Civil War, was born in 1878. Despite racial tension, Taylor was educated and viewed as an adopted son by an affluent white family from Indianapolis, Indiana, who also employed his father, Gilbert Taylor. Due to his relationship with the family, Taylor received gifts, including his first bicycle. Upon receiving the bicycle, Taylor displayed natural talent. 

    Taylor received the nickname “Major” as a child while performing bicycle tricks outside of his workplace at Hay & Willits Manufacturing, Indiana Bicycle Co., in Indianapolis. His employer was so impressed with his abilities that the company enrolled him in his first race, which he won at the age of eleven. Taylor moved to Worcester, Massachusetts, with his employer, mentor, and racing manager, Louis D. “Birdie” Munger, in 1895, because Munger was forced out of his Indianapolis-based firm due to his mentorship of Taylor. 

    In 1896, at the age of eighteen, Taylor received a professional racing license from the League of American Wheelmen, despite the league’s 1894 “white only” rule for amateur membership. This membership led to his eventual professional debut.  

    Later that year, Taylor gained notoriety in his first professional contest by competing in the “Six Day Race” at Madison Square Garden in New York City. This race was considered a test of endurance, where cyclists would test both their mental and physical ability in front of a packed house at the Garden. At the conclusion of day six, Taylor finished eighth out of twenty-six and cycled roughly 1,732 miles. 

    In 1899, Taylor would win the world one-mile sprint championship in Montréal, becoming the first Black American and the second Black athlete to win a world title. Taylor would go on to set seven cycling records and become the first Black world champion, which led to his being considered the first international superstar. Taylor would even revolutionize the sport by creating an innovative adjustable handlebar stem, which to date is called the “Major Taylor Stem.”

    While experiencing racial prejudice throughout his career, Taylor became one of the first Black athletes to secure corporate sponsorships. He represented bicycle brands such as Iver Johnson, Sager, Stearns, and Orient, eventually becoming one of the wealthiest Black men in America. Due to his devout commitment to his faith, Taylor refused to race on Sundays, which led to him turning down a significant number of lucrative offers to race in Europe. However, once he achieved international superstardom, Taylor was able to negotiate “no Sundays” provisions in his European racing contracts. 

    Taylor retired from racing in 1910 and started many business ventures. In 1928, he published his autobiography “The Fastest Bicycle Rider in the World” with the intent of impacting justice, equal rights, and the ‘square deal’ for African Americans in sports. 

    About the Congressional Gold Medal

    Since the late 1700s, Congress has expressed public gratitude to individuals and groups by awarding medals and other similar decorations. The Continental Congress awarded the first Congressional Gold Medals. Since that time, Congress has awarded gold medals to express public gratitude for distinguished contributions, dramatize the virtues of patriotism, and perpetuate the remembrance of great events. Two-thirds of both the House and Senate must cosponsor the legislation to advance it.

    MIL OSI USA News –

  • MIL-OSI Banking: Growing Retail Digital Payments: The Value of Interoperability

    Source: International Monetary Fund

    Preview Citation

    Format: Chicago

    Alexander Copestake, Divya Kirti, and Maria Soledad Martinez Peria. “Growing Retail Digital Payments: The Value of Interoperability”, Fintech Notes 2025, 004 (2025), accessed June 25, 2025, https://doi.org/10.5089/9798229014250.063

    Export Citation

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    Summary

    Policymakers in many countries aim to increase the uptake of retail digital payment systems. This Note examines whether interoperability can help achieve this goal. We provide a conceptual framework that explains how interoperability can support the adoption of digital payments by increasing users’ freedom to choose their favorite app. We present evidence consistent with this framework using granular data covering the universe of transactions on India’s Unified Payments Interface (UPI), an interoperable platform that has become the world’s largest retail fast payment system by volume. We find that interoperability has indeed supported adoption, suggesting that promoting interoperability could be a promising policy lever for countries seeking to transition away from cash.

    Subject: Digital financial services, Financial markets, Financial regulation and supervision, Financial services, Fintech, Monetary policy, Money, Payment systems, Technology

    Keywords: Digital financial services, Fintech, Fintech, Interoperability, Networks, Payment systems, Payments, UPI

    Publication Details

    MIL OSI Global Banks –

  • MIL-OSI United Nations: 25 June 2025 Joint News Release Energy Access Has Improved, Yet International Financial Support Still Needed to Boost Progress and Address Disparities

    Source: World Health Organisation

    Tracking SDG 7: The Energy Progress Report 2025 finds that almost 92% of the world’s population now has basic access to electricity Although this is an improvement since 2022, which saw the number of people without basic access decrease for the first time in a decade, over 666 million people remain without access, indicating that the current rate is insufficient to reach universal access by 2030. Clean cooking access is progressing but below the rates of progress seen in the 2010s, as efforts remain hobbled by setbacks during the Covid-19 pandemic, following energy price shocks, and debt crises.

    Released today, the latest edition of the annual report that tracks progress towards Sustainable Development Goal (SDG) 7 highlights the role of distributed renewable energy (a combination of mini-grid and off-grid solar systems) to accelerate access, since the population remaining unconnected lives mostly in remote, lower-income, and fragile areas. Cost-effective and rapidly scalable, decentralised solutions are able to reach communities in such rural areas.

    Decentralised solutions are also needed to increase access to clean cooking. With an estimated 1.5 billion people residing in rural areas still lacking access to clean cooking, the use of off-grid clean technologies, such as household biogas plants and mini-grids that facilitate electric cooking, can provide solutions that reduce health impacts caused by household air pollution. Over 670 million people remain without electricity access, and over 2 billion people remain dependent on polluting and hazardous fuels such as firewood and charcoal for their cooking needs.

    Notable progress was made in different indicators. The international financial flows to developing countries in support of clean energy grew for the third year in a row to reach USD 21.6 billion in 2023.  Installed renewables capacity per capita continued to increase year-on-year to reach a new high of 341 watts per capita in developing countries, up from 155 watts in 2015.

    Yet regional disparities persist, indicating that particular support is needed for developing regions. In sub-Saharan Africa – which lags behind across most indicators – renewables deployment has rapidly expanded but remains limited to 40 watts of installed capacity per capita on average which is only one-eighth of the average of other developing countries. Eighty-five percent of the global population without electricity access reside in the region, while four in five families are without access to clean cooking. And the number of people without clean cooking access in the region continues to grow at a rate of 14 million people yearly.

    The report identified the lack of sufficient and affordable financing as a key reason for regional inequalities and slow progress. To build on the achievements to date and avoid any further regressions on access to electricity and clean cooking due to looming risks in global markets, the report calls for strengthened international cooperation of public and private sectors, to scale up financial support for developing countries, especially in sub-Saharan Africa. Urgent actions include reforms in multilateral and bilateral lending to expand the availability of public capital; more concessional finance mobilisation, grants, and risk mitigation instruments; improvement in risk tolerance among donors; as well as appropriate national energy planning and regulations.

    Key findings across primary indicators

    • Almost 92% of the world’s population now has access to electricity, leaving over 666 million people without electricity in 2023, with around 310 million people gaining access since 2015. Eighteen of the 20 countries with the largest electricity access deficits in 2023 were in sub-Saharan Africa. The greatest growth in access between 2020 and 2023 occurred in Central and Southern Asia, with both regions making significant strides towards universal electricity access, reducing their basic access gap from 414 million in 2010 to just 27 million in 2023.
    • Little to no change was observed in access to clean fuels and technologies for cooking between 2022 and 2023. Although the number of the world’s population with access to clean cooking fuels and technologies increased from 64% in 2015 to 74% in 2023, around 2.1 billion people remain dependent on polluting fuels and technologies. If current trends continue, only 78% of the global population will have access to clean cooking by 2030.
    • In 2022, the global share of renewable energy sources in total final energy consumption (TFEC) was 17.9% as TFEC continued to increase gradually, while installed renewable energy capacity reached 478 watts per capita in 2023, indicating almost 13% growth from 2022. But progress is not sufficient to meet international climate and sustainable development goals. In addition, global efforts must address significant disparities. Despite progress in expanding renewable capacity, least developed countries and sub-Saharan Africa had only 40 watts per capita in installed renewables capacity, compared to developed countries which had over 1,100 watts installed.
    • Global energy efficiency experienced sluggish progress in recent years. The global trend shows that primary energy intensity, defined as the ratio of total energy supply to gross domestic product, declined by 2.1% in 2022. Although it is an improvement of more than four times the weak 0.5% improvement rate of 2021, it is insufficient to meet the original SDG 7.3 target. Going forward, energy intensity needs to improve by 4% per year on average. 
    • International public financial flows to developing countries in support of clean energy increased by 27% from 2022, reaching USD 21.6 billion in 2023.  However, the report reveals that the developing world received fewer flows in 2023 than in 2016, when commitments peaked at USD 28.4 billion. Despite gradual diversification, funding remained concentrated, with only two sub-Saharan African countries in the top five recipients. Debt-based instruments drove most of the increase in international public flows in 2023, accounting for 83% in 2023, while grants made up only 9.8% of flows.

    The report will be presented to decision-makers at a special launch event on 16 July 2025 at the High-Level Political Forum on Sustainable Development in New York, which oversees progress on the SDGs.

    Quotes

    Fatih Birol, Executive Director, International Energy Agency

    “Despite progress in some parts of the world, the expansion of electricity and clean cooking access remains disappointingly slow, especially in Africa. This is contributing to millions of premature deaths each year linked to smoke inhalation, and is holding back development and education opportunities. Greater investment in clean cooking and electricity supply is urgently required, including support to reduce the cost of capital for projects.”

    Francesco La Camera, Director-General, International Renewable Energy Agency

    “Renewables have seen record growth in recent years, reminding the world of its affordability, scalability, and its role in further reducing energy poverty. But we must accelerate progress at this crunch time. This means overcoming challenges, which include infrastructure gaps. The lack of progress, especially on infrastructure, is a reflection of limited access to financing. Although international financial flows to developing countries in support of clean energy grew to USD 21.6 billion in 2023, only two regions in the world have seen real progress in the financial flows. To close the access and infrastructure gaps, we need strengthened international cooperation to scale up affordable financing and impact–driven capital for the least developed and developing countries.”

    Stefan Schweinfest, Director, United Nations Statistics Division

    “This year’s report shows that now is the time to come together to build on existing achievements and scale up our efforts. Despite advancements in increasing renewables-based electricity, which now makes up almost 30 percent of global electricity consumption, the use of renewables for other energy-related purposes remains stagnant. While energy intensity improved in 2022, overall progress remains weak, threatening economic growth and the energy efficiency goals agreed upon at COP28. The clock is ticking. The findings of this year’s report should serve as a rallying point, to rapidly mobilize efforts and investments, so that together, we ensure sustainable energy for all by 2030.”

    Guangzhe Chen, Vice President for Infrastructure, World Bank

    “As we approach the five-year mark to achieve the SDG7 targets, it is imperative to accelerate the deployment of electricity connections, especially in Sub-Saharan Africa, where half of the 666 million people lacking access reside. As part of the Mission 300 movement, 12 African nations have launched national energy compacts, in which they commit to substantial reforms to lower costs of generation and transmission, and scale up distributed renewable energy solutions. Initiatives such as this unite governments, the private sector, and development partners in a collaborative effort.

    Dr Tedros Adhanom Ghebreyesus, WHO Director-General, World Health Organization

    “The same pollutants that are poisoning our planet are also poisoning people, contributing to millions of deaths each year from cardiovascular and respiratory diseases, particularly among the most vulnerable, including women and children,” said Dr Tedros Adhanom Ghebreyesus, WHO Director-General. “We urgently need scaled-up action and investment in clean cooking solutions to protect the health of both people and planet—now and in the future.”

    About the report

    This report is published by the SDG 7 custodian agencies, the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), the United Nations Statistics Division (UNSD), the World Bank, and the World Health Organization (WHO) and aims to provide the international community with a global dashboard to register progress on energy access, energy efficiency, renewable energy and international cooperation to advance SDG 7.

    This year’s edition was chaired by IRENA.  

    The report can be downloaded at https://trackingsdg7.esmap.org/

    Funding for the report was provided by the World Bank’s Energy Sector Management Assistance Program (ESMAP).

    MIL OSI United Nations News –

  • MIL-OSI Asia-Pac: FS continues visit to Tianjin (with photos)

    Source: Hong Kong Government special administrative region

    ​The Financial Secretary, Mr Paul Chan, continued his visit to Tianjin today (June 25) to attend the World Economic Forum Annual Meeting of the New Champions 2025 (also known as the Summer Davos). In the evening, he travelled to Beijing to attend the Host Member Gala Dinner for the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB).

    In the morning, Premier Li Qiang attended the opening ceremony of the Summer Davos and delivered a speech. In addition to attending the opening ceremony, Mr Chan participated in a discussion session in the afternoon titled, “Is the Asian Century at Risk?”. Other regional leaders in attendance included the Prime Minister of Vietnam, Mr Pham Minh Chinh; the Deputy Chairperson of Indonesia’s Gerindra Party, Ms Rahayu Saraswati Djojohadikusumo; and the Minister of Industry and Entrepreneurship Development, Mr Sunil Handunneththi. The discussion focused on how Asia could address local development and external challenges amid the current geopolitical tensions, trade barriers and technological transformation.

    During the session, Mr Chan remarked that the Asian region is developing rapidly, with Hong Kong benefitting from its unique position under “one country, two systems”. He highlighted Hong Kong’s dual advantages of priority access to the Mainland’s market and its connectivity to the global economy, serving as a gateway between the Mainland and the world. As an international financial centre, Hong Kong facilitates efficient two-way capital flows and cross-border financial co-operation within Asia and between Asia and other regions. In the current international geopolitical and economic environment, Hong Kong is actively supporting Mainland enterprises in expanding internationally and building global industry chains and supply chains.

    In response to questions, Mr Chan emphasised that since the implementation of the Hong Kong National Security Law, Hong Kong has provided a more stable and secure business environment that allows society to focus on economic development. He pointed out that the performance of Hong Kong’s capital markets over the past year, along with surveys conducted by various foreign chambers of commerce, demonstrates that international investors are showing confidence in Hong Kong with their capital and actions. Mr Chan further noted that Hong Kong’s openness, diversity and international outlook under “two systems”, along with its common law system, remain key advantages in attracting international businesses and talent.

    Mr Chan also met with the Chairman ad interim of the World Economic Forum, Mr Peter Brabeck-Letmathe, during which he briefed him on Hong Kong’s latest economic developments, including progress in the financial and innovation and technology (I&T) sectors. The two sides also explored opportunities to strengthen co-operation in technological innovation and personnel exchanges. Mr Chan expressed gratitude to the World Economic Forum for offering secondment opportunities to Hong Kong SAR Government personnel, enabling them to gain more international exposure.

    During his time in Tianjin, Mr Chan participated in the following activities:

    (1) A thematic session titled “Funding China’s Next Tech Breakthrough” hosted by the Hong Kong Exchanges and Clearing Limited, where he shared with representatives from investment banks, funds, asset management firms, I&T companies and think tanks how Hong Kong provides a full range of fundraising options – from start-up investments to stock market listings – to provide financial support to the accelerated development of I&T enterprises;

    (2) An exchange session between technology enterprises from Tianjin and Hong Kong organised by Hong Kong Science and Technology Parks Corporation, where Mr Chan introduced the dual advantages of Hong Kong’s financial and I&T synergy to I&T enterprises from Tianjin and Hong Kong, and accelerating the development of I&T through financial empowerment. Some members of the I&T delegation on the visit also participated in the session, where they explored collaboration opportunities with Tianjin’s I&T companies; and

    (3) A gathering hosted by the Hong Kong Chamber of Commerce in Tianjin, where Mr Chan shared updates on Hong Kong’s economy, future development directions, and opportunities for further strengthening co-operation between Tianjin and Hong Kong in finance, trade and I&T.

    After concluding his visit to Tianjin, Mr Chan proceeded to Beijing to attend the Host Member Gala Dinner for the 10th Annual Meeting of the Board of Governors of the AIIB.

    Mr Chan will attend the 10th Annual Meeting of the Board of Governors of the AIIB tomorrow (June 26).

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Christopher Hui attends AIIB meeting

    Source: Hong Kong Information Services

    Secretary for Financial Services & the Treasury Christopher Hui said today Hong Kong shares the Asian Infrastructure Investment Bank’s (AIIB) mission of providing high-quality financial disclosures as a reliable player that builds trust with stakeholders.

    He made the statement during a side event at the AIIB’s 10th Annual Meeting of the Board of Governors on “Implementing the International Financial Reporting Standards – Sustainability Disclosure Standards (ISSB Standards) from the Ground Up: The AIIB Journey”.

    Mr Hui noted that while the AIIB is one of the first multilateral development banks to adopt the ISSB Standards, Hong Kong was also confirmed by the International Financial Reporting Standards Foundation earlier this month as among the initial set of jurisdictions having set a target of fully adopting the ISSB Standards.

    He said: “By aligning with a global standard, we ensure international comparability of our data. This not only boosts investor confidence but also creates a strong foundation for new opportunities.”

    The Hong Kong Special Administrative Region Government will continue to work in collaboration with financial regulators and stakeholders to support the pragmatic implementation of the ISSB Standards through enhancing capacity building and promoting the use of technological solutions, Mr Hui added.

    In addition, Mr Hui also spoke on “Fostering Development and Infrastructure Connectivity” at the Governors’ Business Roundtable in the afternoon.

    He shared with delegations from other member states Hong Kong’s efforts in fostering development in sustainable finance as well as developing diverse and innovative financial products.

    The latter includes the roll-out of the Infrastructure Bond Programme and the issuance of infrastructure loan-backed securities by the Hong Kong Mortgage Corporation (HKMC) with the AIIB as an anchor investor. He told the delegations that a third issuance by the HKMC can be expected this year.

    At the AIIB President’s Reception and the Special Session of the Board of Governors’ meeting held yesterday, Mr Hui met AIIB President Jin Liqun and AIIB President-elect Zou Jiayi.

    He also met financial officials of other member states to update them on Hong Kong’s latest developments in green and sustainable finance, and the recent vibrant financial market situation.

    Additionally, Mr Hui held bilateral meetings separately with delegations from Egypt, Germany and Poland on the sidelines of the annual meeting to explore opportunities for further co-operation.

    During his stay in Beijing, Mr Hui met Industrial & Commercial Bank of China President Liu Jun and China Construction Bank Chief Financial Officer Sheng Liurong.

    MIL OSI Asia Pacific News –

  • MIL-OSI: Form 8.3 – [MARLOWE PLC – 23 06 2025] – (CGWL) ** CORRECTION **

    Source: GlobeNewswire (MIL-OSI)

    This disclosure supersedes the previous one submitted for 23/06/2025, which omitted a required explanatory note in Section 2(a).

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 MARLOWE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 23 JUNE 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 NO

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 50p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 3,086,014 3.9301    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 3,086,014 3.9301    

    NOTE: On 20/06/2025, a client mandate was changed from Discretionary to Non-Discretionary, which reduced the total reportable holding by 960 shares.

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    50p ORDINARY SALE 520 440.3p
    50p ORDINARY SALE 3,030 440.8p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 25 JUNE 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: Form 8.3 – [MARLOWE PLC – 23 06 2025] – (CGWL) ** CORRECTION **

    Source: GlobeNewswire (MIL-OSI)

    This disclosure supersedes the previous one submitted for 23/06/2025, which omitted a required explanatory note in Section 2(a).

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 MARLOWE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 23 JUNE 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 NO

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 50p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 3,086,014 3.9301    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 3,086,014 3.9301    

    NOTE: On 20/06/2025, a client mandate was changed from Discretionary to Non-Discretionary, which reduced the total reportable holding by 960 shares.

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    50p ORDINARY SALE 520 440.3p
    50p ORDINARY SALE 3,030 440.8p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 25 JUNE 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –