Podcasts about Alipay

Asia's retail landscape is evolving faster than anywhere else on Earth—and this episode brings you the inside view.Host Alex Rezvan sits down with Ryf Quail, Managing Director of NRF APAC, and Low Ngai Yuen, former Chief Merchandise & Marketing Officer at AEON Malaysia, board member at GDEX and OCK Group, and award-winning creative leader, to explore: • The rise of Chinese retail expansion across Southeast Asia • Why super apps like Grab, WeChat, and Alipay are reshaping loyalty and payment ecosystems • How influencer marketing is evolving into a listed industry • The future of responsible sourcing and supply chain transformation • The intersection of culture, experience, and intelligence in modern retailYuen also shares her vision for empowering women through her NGO WOMENgirls and reflects on storytelling, sustainability, and digital creativity.This is Asia's story—fast, mobile-first, and deeply human.

Welcome back to the Crypto Curious Podcast, where we unpack the biggest stories shaping the world of crypto each week.This episode, we're diving into three major headlines:

Ant Group has filed a trademark application for AntCoin in Hong Kong. Ant Group, the Alibaba-affiliated fintech giant behind Alipay, has filed a trademark for AntCoin in Hong Kong. Is the application a hint at the firm's plans to expand into stablecoins and the broader crypto space? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily." - Break the cycle of exploitation. Break down the barriers to truth. Break into the next generation of privacy. Break Free. Free to scroll without being monetized. Free from censorship. Freedom without fear. We deserve more when it comes to privacy. Experience the next generation of blockchain that is private and inclusive by design. Break free with Midnight, visit ⁠midnight.network/break-free⁠ - Bridge simplifies global money movement. As the leading stablecoin issuance and orchestration platform, Bridge abstracts away blockchain complexity so businesses can seamlessly move between fiat and stablecoins. From payroll providers and remittance companies to neobanks and treasury teams, Bridge powers payments, savings, and stablecoin issuance for thousands – like Shopify, Metamask, Remitly, and more. URL: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://hubs.ly/Q03KGbRK0⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - OwlTing (Nasdaq: OWLS) is building invisible rails for global payments. With OwlPay, businesses and users can bridge fiat and stablecoins, send money instantly across borders, and access stablecoin checkout at lower costs. Licensed worldwide, OwlTing delivers secure, compliant, and regulated infrastructure for the digital economy. Learn more at ⁠⁠⁠⁠⁠⁠owlting.com⁠⁠⁠⁠⁠⁠. - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Taylor Fleming.

October saw key moves in institutional blockchain and geopolitics – from Luxembourg's BTC investment to Swift's shared ledger, Europe's RL1, and China's stablecoin moves.

Soirée en live de folie sur les 3 leviers de l'argent : inscription : https://www.grosbillets.com/levier

De cryptomarkt is deze week weer volop in beweging. Bitcoin noteert rond de 122.000 dollar, na begin van de week zelfs kortstondig een nieuw record van 126.000 dollar te hebben aangetikt. Sindsdien is de koers wat teruggevallen, maar de vraag blijft of bitcoin zich blijft gedragen als goud of als risicovol aandeel — of juist zijn eigen pad kiest. Altcoins laten een wisselend beeld zien. Uitschieter is BNB, de munt van Binance, die deze week met 26 procent steeg. Ondertussen blijft Donald Trump nadrukkelijk aanwezig in de cryptowereld. Het bedrijf achter zijn eigen memecoin, Fight Fight Fight LLC, wil 200 miljoen dollar investeren in digitale valuta. Daarmee wil het bedrijf zelf een zogenoemde ‘digital assets treasury company’ worden, vergelijkbaar met wat MicroStrategy doet. Eén van de eerste aankopen die op de lijst staat: de eigen Trump Coin. Daarmee probeert het bedrijf de waarde van die munt verder op te stuwen, al is dat plan niet zonder risico. De munt van Trump was begin dit jaar nog goed voor 45 dollar, maar staat inmiddels rond de 7,50 dollar. Een groot deel van de tokens is bovendien in handen van Trump zelf en de oprichters van het project — zo’n tachtig procent in totaal, waarvan slechts een derde vrij verhandelbaar is. Daarmee zit de voormalige president op een papieren winst van honderden miljoenen, maar het is onwaarschijnlijk dat hij die snel kan verzilveren. Voor de resterende houders van de munt betekent dat vooral veel toekomstige verkoopdruk. Verder lijkt de opmars van stablecoins niet te stoppen. Wereldwijd is inmiddels ruim 300 miljard dollar aan dit soort digitale dollars in omloop. En het zijn allang niet meer alleen cryptobedrijven die zich op deze markt storten. ING werkt samen met Europese banken aan een eigen stablecoin, terwijl ook internetbedrijf Cloudflare plannen heeft. Buiten Europa bouwen de Verenigde Arabische Emiraten aan een nationale blockchain met een eigen Dirham-stablecoin. En zelfs Alipay, onderdeel van de Chinese Ant Group, komt met een gereguleerde euro stablecoin vanuit Luxemburg — een opmerkelijke stap, want de euro-variant loopt nog sterk achter op de dollartokens. De beweegredenen verschillen per partij. Cryptobedrijven hopen mee te liften op het winstgevende model van Tether, dat vorig jaar dertien miljard dollar verdiende aan rente-inkomsten. Financiële instellingen als ING en Cloudflare zien vooral kansen om wereldwijde betalingen sneller en goedkoper te maken. Voor landen als de Emiraten spelen geopolitieke en strategische motieven een rol. En dat een Chinese partij mogelijk een belangrijke rol krijgt in het Europese stablecoinverkeer, zal ongetwijfeld nog stof doen opwaaien. Deze week in de CryptocastEen gesprek met multi-asset-belegger Jeroen Blokland, die kiest voor kwaliteitsaandelen, goud en bitcoin in zijn fonds. Hij heeft een boek geschreven, de 'Grote Herbalancering', waarin hij zijn visie op de economie schetst en vervolgens tot de conclusie komt dat de traditionele 60/40 portefeuille niet meer van deze tijd is. Co-host is Peter Slagter. Met Daniël Mol bespreken we elke week de stand van de cryptomarkt. Luister live donderdagochtend rond 8:50 in De Ochtendspits, of wanneer je wilt via bnr.nl/podcast/cryptocastSee omnystudio.com/listener for privacy information.

De cryptomarkt is deze week weer volop in beweging. Bitcoin noteert rond de 122.000 dollar, na begin van de week zelfs kortstondig een nieuw record van 126.000 dollar te hebben aangetikt. Sindsdien is de koers wat teruggevallen, maar de vraag blijft of bitcoin zich blijft gedragen als goud of als risicovol aandeel — of juist zijn eigen pad kiest. Altcoins laten een wisselend beeld zien. Uitschieter is BNB, de munt van Binance, die deze week met 26 procent steeg. Ondertussen blijft Donald Trump nadrukkelijk aanwezig in de cryptowereld. Het bedrijf achter zijn eigen memecoin, Fight Fight Fight LLC, wil 200 miljoen dollar investeren in digitale valuta. Daarmee wil het bedrijf zelf een zogenoemde ‘digital assets treasury company’ worden, vergelijkbaar met wat MicroStrategy doet. Eén van de eerste aankopen die op de lijst staat: de eigen Trump Coin. Daarmee probeert het bedrijf de waarde van die munt verder op te stuwen, al is dat plan niet zonder risico. De munt van Trump was begin dit jaar nog goed voor 45 dollar, maar staat inmiddels rond de 7,50 dollar. Een groot deel van de tokens is bovendien in handen van Trump zelf en de oprichters van het project — zo’n tachtig procent in totaal, waarvan slechts een derde vrij verhandelbaar is. Daarmee zit de voormalige president op een papieren winst van honderden miljoenen, maar het is onwaarschijnlijk dat hij die snel kan verzilveren. Voor de resterende houders van de munt betekent dat vooral veel toekomstige verkoopdruk. Verder lijkt de opmars van stablecoins niet te stoppen. Wereldwijd is inmiddels ruim 300 miljard dollar aan dit soort digitale dollars in omloop. En het zijn allang niet meer alleen cryptobedrijven die zich op deze markt storten. ING werkt samen met Europese banken aan een eigen stablecoin, terwijl ook internetbedrijf Cloudflare plannen heeft. Buiten Europa bouwen de Verenigde Arabische Emiraten aan een nationale blockchain met een eigen Dirham-stablecoin. En zelfs Alipay, onderdeel van de Chinese Ant Group, komt met een gereguleerde euro stablecoin vanuit Luxemburg — een opmerkelijke stap, want de euro-variant loopt nog sterk achter op de dollartokens. De beweegredenen verschillen per partij. Cryptobedrijven hopen mee te liften op het winstgevende model van Tether, dat vorig jaar dertien miljard dollar verdiende aan rente-inkomsten. Financiële instellingen als ING en Cloudflare zien vooral kansen om wereldwijde betalingen sneller en goedkoper te maken. Voor landen als de Emiraten spelen geopolitieke en strategische motieven een rol. En dat een Chinese partij mogelijk een belangrijke rol krijgt in het Europese stablecoinverkeer, zal ongetwijfeld nog stof doen opwaaien. Deze week in de CryptocastEen gesprek met multi-asset-belegger Jeroen Blokland, die kiest voor kwaliteitsaandelen, goud en bitcoin in zijn fonds. Hij heeft een boek geschreven, de 'Grote Herbalancering', waarin hij zijn visie op de economie schetst en vervolgens tot de conclusie komt dat de traditionele 60/40 portefeuille niet meer van deze tijd is. Co-host is Peter Slagter. Met Daniël Mol bespreken we elke week de stand van de cryptomarkt. Luister live donderdagochtend rond 8:50 in De Ochtendspits, of wanneer je wilt via bnr.nl/podcast/cryptocastSee omnystudio.com/listener for privacy information.

In this Two and a Half Gamers special, Matej, Felix & Jakub talk with Chen Yang (Iwae) from Cocos about how mini-games on WeChat, Douyin, Alipay, and Huawei stores are reshaping the mobile industry.

Was haben PayPal, Alipay und Wero gemeinsam? Sie zählen zu den sogenannten Alternative Payment Methods (APMs) – und gewinnen für Händler:innen zunehmend an Bedeutung. Im aktuellen #PaymentPower Podcast spricht Thorsten Schabacker, Produktmanager bei VR Payment, mit Moderatorin Christina Cassala über den Unterschied zwischen klassischen und alternativen Zahlungsmethoden, die Rolle von APMs im Handel und welchen Stellenwert Wero künftig für den europäischen Zahlungsverkehr haben wird. Fragen und Wünsche zum #PaymentPower Podcast gerne an: podcast@paymentpower.de

In This Episode This week on Breaking Banks we're continuing our series on Brett King's new book, Branch Tomorrow. We feature interviews with some of Brett's contributing authors: Bruno Diniz, Efi Pylarinou, Jim Marous, Paolo Sironi, and Richard Turrin. Each author brings specialty in different markets giving Branch Tomorrow a multi-perspective look at banking, banking culture, changes in 'branching' and the future of financial services across the globe, from the US to India, China, and Latin America. In this episode, Brett speaks with Richard Turrin, an industry leader in fintech innovation and digital transformation, and Author of Cashless: China's Digital Currency. Brett and Richard delve into the robust digital financial services landscape in China which experienced significant digital disruption starting in the mid-2010s. You'll hear how bankers there are still reeling from the unprecedented scale of disruption brought on by MYbank, WeBank, WeChat and Alipay. Then, Brett connects with Paolo Sironi, Global Research Leader in Banking and Financial Markets at the IBM Institute for Business Value and host of Provoke.fm's Bankers Bookshelf podcast. Paolo shares insights from the Eurozone on branch transformation, highlighting how some European banks are embracing digitization by evolving their branches. He discusses how they are balancing digital and physical presence by adjusting their in-branch product offerings, with a focus on personalization, financial inclusion, and maintaining strong customer engagement. Tune in now for these insightful conversations! Branch Tomorrow, available mid-September, is an invaluable resource for bankers, regulators, fintech innovators, and future-focused leaders dedicated to thriving in the digital transformation of finance. The future of banking is here!

Gabriel Custodiet speaks with Richard Turrin, author of a book on China's rapid transformation to a cashless society. GUEST → https://richturrin.com/  → https://www.amazon.com/Cashless-Chinas-Digital-Currency-Revolution/dp/1949642720  → https://x.com/richardturrin  → https://substack.com/@richturrin  → https://www.linkedin.com/in/turrin/  WATCHMAN PRIVACY → https://watchmanprivacy.com  (Including privacy consulting) → https://twitter.com/watchmanprivacy  → https://escapethetechnocracy.com/    CRYPTO DONATIONS → https://watchmanprivacy.com/donate.html     TIMELINE 00:00 – Introduction 1:30 – Guest background 3:20 – China's rapid cashless transformation from 2010 – 2018 7:00 – Did China have a plan to create this cashlessness? 10:40 – What is the reality in 2025? 13:00 – What is WeChat like at the user level? 19:50 – Are Alipay and WeChat sandboxed? 21:25 – Scams on Alipay and WeChat 26:45 – How do foreigners use Chinese payment apps? 30:20 – How will China transition to a Central Bank Digital Currency (CBDC) 39:07 – Banks in China had to get on board 48:40 – Fees for Alipay and WeChat are essentially zero 50:50 – How often can Chinese use apps outside of China? 52:30 – Are Chinese allowed to use other payment methods? 55:05 – China data sovereignty 1:04:00 – Final thoughts Music by Karl Casey @ White Bat Audio

Robots humanoïdes, voitures autonomes, IA générative et même lunettes de paiement par clignement d'œil... La Chine dévoile ses ambitions technologiques à l'occasion de la World Artificial Intelligence Conference (WAIC) à Shanghai. La journaliste chinoise Shanhui Zhang (China Global Television Network) nous présente les innovations de la WAIC et analyse les ambitions chinoises en matière de technologie.Les sujet abordés dans cet épisode :Une industrie en pleine effervescence : avec plus de 800 exposants, la World Artificial Intelligence Conference de Shanghai a présenté un panorama spectaculaire de la tech chinoise, des géants comme Alibaba, Huawei ou Baidu jusqu'aux industriels traditionnels comme Baosteel, qui se lancent dans la robotique.Les robots humanoïdes dans la vie quotidienne : démonstrations de robots capables de jouer avec les enfants, de réaliser des tâches dans l'industrie lourde ou encore d'assurer des fonctions éducatives et sociales.Des lunettes pour payer dans les magasin : à Hangzhou, Alibaba a dévoilé les lunettes « AI Quark » qui permettent de payer d'un simple mouvement d'œil via Alipay.Des taxis autonomes à l'assaut des villes chinoises : Baidu propose des taxis autonomes sans chauffeur à Pékin et Wuhan, pour des trajets deux fois moins chers qu'un taxi classique. Shanhui Zhang les a testés.Un enjeu stratégique mondial : derrière les démonstrations technologiques, une véritable volonté politique. La Chine promeut une gouvernance internationale de l'IA, évoquant des mécanismes communs pour la protection des données, la sécurité et l'inclusion.Un appel à la coopération internationale : Pékin présente un plan d'action global pour encadrer le développement de l'IA, tout en soulignant le rôle central que la Chine souhaite jouer dans ce nouveau paradigme.-----------

Lex chats with Harish Natarajan - Practice Manager, Financial Inclusion and Infrastructure, Finance, Competitiveness & Innovation at the World Bank, and Carlos Brandt - The Senior Advisor for Pix at the Central Bank of Brazil. Together they discuss the remarkable success of Pix, Brazil's real-time payment system, which now sees over 6 billion transactions per month and is used by more than 90% of the adult population and 80% of companies. Lex explores how Pix was created by the Central Bank of Brazil with strong public-private collaboration, backed by regulatory authority and supported by a co-creation model with stakeholders. Key to its adoption were a low-cost centralized infrastructure, clear branding, mandatory participation by large banks, and a robust national communication strategy. Globally, Pix is seen as a leading example of fast payment system deployment, driven by the central bank acting as a neutral coordinator and scheme owner. Lex also examines the technical architecture, built in-house by a surprisingly small team of 55–65 people, and how scalable infrastructure and extensibility have enabled rapid growth and innovation. NOTABLE DISCUSSION POINTS: 1. Pix achieved mass adoption through public-private co-creation and legal mandate:Pix now processes over 6 billion transactions per month, with 90% of Brazil's adult population and 80% of businesses actively using it. Its success stems from a strategic legal mandate in 2013 granting the Central Bank regulatory and operational authority over retail payments. The Central Bank then led a co-creation process involving both public and private stakeholders through the Pix Forum, fostering alignment, inclusivity, and strong network effects.2. A lean but powerful team built a nation-scale real-time payments system:The Pix infrastructure was built entirely in-house by a relatively small team, 30-40 people for the technical infrastructure layer and around 25 for the payment scheme layer. It operates 24/7 with real-time settlement and uses centralized infrastructure separate from Brazil's traditional large-value payment rails. This centralized, purpose-built architecture dramatically lowered costs and enabled rapid rollout.3. Strategic communication and mandated participation drove adoption at scale:The Central Bank led a national communication campaign to build trust, establish a strong brand identity, and educate the public. Simultaneously, it mandated major banks (with over 500,000 active accounts) to join Pix, triggering widespread voluntary adoption from smaller PSPs. The rollout included a restricted pilot phase and emphasized user-friendly features like QR codes and aliases to boost convenience and usage from day one. TOPICS Pix, Central Bank of Brazil, World Bank, Visa, Citibank, M-Pesa, Alipay, SPI, fintech, payments, PSP, API, Fast Payments, Payments Infrastructure, PayTech ABOUT THE FINTECH BLUEPRINT 

Mobile wallets now power 73 % of APAC e-commerce checkouts, same-day shipping prices hit record lows, and Australia's Country Road Group faces a 93 % profit plunge. In this Five Things Friday episode, Alex (The Retail Podcast) joins Ryf Quail (Managing Director, NRF APAC) and Laura Doonin (Retail & Digital-Tech Advisor) to unpack:Mobile Wallet vs. Credit Card Shift – QR pay, A2A rails, WeChat Pay, Alipay, UPI, DuitNowSame-Day Delivery Economics – Shippit 2025 data, ship-from-store strategy, endless-aisle logisticsPost-Purchase Community – Need It For Tonight, Cutter & Squidge, WhatsApp touch-points, handwritten notesCountry Road Group Reset – Sales -14 %, profit -93 %, new CEO Steven Cook, legacy brand revivalEvent ROI Blueprint – Path-to-conference plan, vendor vetting, tender fast-tracking

Interesting news coming out of China's Ant International, a global digital payments and fin tech provider. They have launched a new AI play with Alipay+ GenAI Cockpit. This will be an AI-as-a-Service (AIaaS) platform. The strategy is to support fintech companies and nudge super apps to build AI driven financial services with the goal of better security, flexibility and seamless experiences. Making AI work for finance remains the key goal for fin tech companies. Alipay+ GenAI Cockpit is a platform to help entrepreneurs create effective AI-native financial services. These tools will combine automated workflows and task orchestration with a dynamic enterprise context. Key tasks include payment orchestration, customer onboarding, compliance checks, fraud detection, dispute resolution, and evaluation and performance optimisation. New AI Platform for Fintechs launched by Ant International Three-pronged AI strategy focuses on AI security, Vertical Fintech Expertise, and Full-stack AI platform support First fintech clients begin official integration in June 2025 in Southeast Asia and South Asia "The future of finance will be shaped by agentic AI that not only carry out tasks autonomously in real automated workflows and sophisticated financial business and compliance context with reliability, but also interact, evolve and learn rapidly in orchestration with ever-growing precision," said Jiangming Yang, Chief Innovation Officer of Ant International. Alipay+ GenAI Cockpit has been honed on Ant International's four key business units: wallet gateway service (Alipay+), merchant payment service (Antom), cross-border business account service (WorldFirst), and embedded finance service (global treasury management, digital lending and credit tech solutions). Upon successful completion of trial runs, the first external clients in Southeast Asia and South Asia will start officially deploying the Cockpit in June 2025. Three-Pronged AI Strategy: Security, Vertical Fintech Expertise, and Platform-level Support for Agentic FinAI Combining a fintech-specific toolbox and dynamic industry knowledge base alongside business-ready AI innovations, the Cockpit embodies three key directions of Ant International's AI strategy. Security Shield for Trusted AI AI scamming threats using deepfake and other technologies have been growing over 10 folds by the year, with grave implications especially in the financial sector. Statistics show 22% of businesses have encountered AI-generated payment fraud. Ant International invests heavily in AI security solutions to combat external AI scamming attacks and eliminate internal model security risks such as model hallucination or bias. Its AI SHIELD framework manages risks across system architecture designing, data processing, model training, and inferencing. It offers real-time dynamic risk assessment, including detecting adversarial prompts and sensitive data leakage through over 100 recognition models and 600,000 risk lexicons. Today, fraud loss rate in Ant International's merchant payment service is 5% of industry average. Deep Vertical Financial Expertise Alipay+ GenAI Cockpit leverages over 20 leading LLMs, including Ant International's own Falcon Time-Series Transformer FX Model. However, it has focused on integrating fintech knowledge bases, such as bank transfer rules and dispute resolution policies, to help businesses build specialized fintech agents. The Cockpit toolbox supports retrieval-augmented generation (RAG), post-training, evaluation, and benchmarking, taking the combination of general-purpose datasets with industry-specific benchmarks developed from Ant International's financial expertise to help improve model precision. Built on the Cockpit, Antom Copilot is the world's first AI agent designed to help merchants boost conversion by streamlining the process of payment method integration, recommending optimal payment channels, and resolving common tasks like code correction and the auto-completion of merc...

La revue d'actualités du Journal Du E-CommerceComme toujours, la première partie du Journal Du E-Commerce concerne une revue d'actualités, décryptées, commentées et analysées. Voici le programme de ce premier épisode du JDE :Actualité 1 - Nouveaux droits de douane annoncés par Donald Trump : quel impact pour le e-commerce français et européen ?Le 2 avril 2025, le président américain Donald Trump a annoncé l'imposition de nouveaux droits de douane de 20% sur les produits européens importés aux États-Unis, une mesure qui a immédiatement suscité des réactions en chaîne dans le commerce international. Cette décision protectionniste soulève des questions cruciales pour les e-commerçants et les retailers européens, notamment en France.Notre source : https://www.ecommerce-nation.fr/nouveaux-droits-douane-trump-impact-e-commerce/Actualité 2 - Visa, Mastercard, PayPal, bientôt évincés en Europe ?Donald Trump et les Etats-Unis ont beaucoup fait réagir dans le monde et notamment en Europe. Christine Lagarde, présidente de la Banque Centrale Européenne (BCE), a annoncé récemment la nécessité pour l'Europe de développer sa propre infrastructure de paiement numérique indépendante des géants américains et chinois tels que Visa, Mastercard, PayPal et Alipay. Cette mesure protectionniste souligne l'importance pour l'Europe de renforcer sa souveraineté économique, notamment dans le secteur des paiements.Notre source : https://www.ecommerce-nation.fr/visa-mastercard-paypal-evinces-europe/

C'est un projet ambitieux de l'Union européenne.Il s'agit de se libérer des géants américains et chinois du paiement, comme Visa, Mastercard, PayPal ou encore AliPay du côté de l'Empire du Milieu.Se passer des réseaux de paiement non européensPremier point, à l'heure de la guerre commerciale et tarifaire, il semble que les autorités européennes jugent que la dépendance aux entreprises étrangères spécialisées dans l'intermédiation du paiement est problématique.Et voici un exemple très concret pour comprendre ce qui chiffonne l'Europe.À chaque fois que vous utilisez votre carte Visa ou que vous réglez un achat via PayPal, vous passez par des réseaux qui ne sont ni européens ni souverains.Ces services sont américains, ou chinois dans le cas d'AliPay.C'est cette situation qui commence sérieusement à inquiéter Bruxelles, surtout dans un contexte de tensions géopolitiques et commerciales.La BCE prend les devantsEt c'est plus précisément la BCE, la Banque Centrale Européenne, qui prend les devants.Christine Lagarde, la présidente de la Banque centrale, a exprimé clairement sa volonté de bâtir une alternative européenne.L'objectif est de proposer un système de paiement local, sécurisé et indépendant, capable de concurrencer les géants actuels. Ce serait, selon ses mots, "un pas de plus vers l'indépendance économique de l'Europe".Vers un portefeuille numérique unifié en EuropeMais, et c'est le troisième point, se passer de Visa ou Mastercard n'est qu'un aspect de cette volonté d'indépendance européenne.Concrètement, l'Union européenne planche aussi sur un portefeuille numérique unifié.Celui-ci pourrait centraliser, sur nos smartphones, des documents comme la carte d'identité, le permis de conduire, mais aussi des moyens de paiement.Cette dynamique est déjà à l'œuvre en France où il est désormais possible de dématérialiser sur son smartphone sa carte d'identité, sa Carte Vitale, et prochainement son permis de conduire.Mais portée à l'échelle européenne, cette brique technologique pourrait accélérer l'intégration économique au niveau du Vieux Continent. Et rendre plus indépendant encore les européens des entreprises américaines et chinoises, qui proposent déjà des outils de stockage de documents dématérialisés.D'après les estimations du service de recherche du Parlement européen, une telle initiative pourrait générer jusqu'à 2800 milliards d'euros de PIB d'ici 2032.Le ZD Tech est sur toutes les plateformes de podcast ! Abonnez-vous !Hébergé par Ausha. Visitez ausha.co/politique-de-confidentialite pour plus d'informations.

In this episode of Corporate Treasury 101, we discuss the intricacies of operating a treasury function in China, one of the most highly regulated and misunderstood markets in the world. Damian Glendinning, former Group Treasurer of Lenovo and founder of Complex Countries, helps us unpack the challenges of treasury management in China, from regulatory ambiguity to the unique roles of Alipay and WeChat Pay. We cover how foreign companies can navigate this distinct financial landscape, including legal workarounds like entrustment loans, limitations around cross-border flows, and the impact of China's evolving global strategy.Damian shares insights from decades of hands-on experience, having led treasury operations in China during his time at IBM and Lenovo. He offers a nuanced, practical perspective on how treasurers can operate effectively in a market where the rules are complex and constantly changing.What You'll Learn in This EpisodeHow China's banking sector transitioned from state-run distribution to commercial bankingWhy are regulations in China often interpreted and enforced in flexible waysHow companies navigate cash pooling with tools like entrustment loansThe rise of tech giants like Alipay and WeChat Pay in filling banking gapsWhat treasurers need to know about China's efforts to reduce reliance on USD and SWIFTEpisode Breakdown with Timestamps [00:00] – Introduction & AFP Certification Promo [01:50] – Why China Is a Focus for Corporate Treasurers [03:19] – Misconceptions About China's Culture and Structure [15:31] – Evolution of the Banking System: State to Commercial [20:56] – WeChat Pay, Alipay & Financial Innovation [28:02] – Foreign Companies and Banking Limitations [33:41] – Entrustment Loans & Cash Pooling Workarounds [46:02] – Cross-Border Lending and Capital Flows [49:58] – Renminbi, SWIFT, and De-Dollarization Strategies [56:26] – The Bigger Picture: Global Integration vs. IsolationFollow Damian Glendinning & Complex Countries: Website: https://www.complexcountries.com LinkedIn: https://www.linkedin.com/in/damian-glendinning-089b44b/ Follow Corporate Treasury 101:Website: https://corporate-treasury-101.com/ LinkedIn:https://www.linkedin.com/company/86645197/admin/dashboard/ Follow Hussam & Guillaume:Hussam on LinkedIn: https://www.linkedin.com/in/hussam-ali-6bb69186/ Guillaume on LinkedIn: https://www.linkedin.com/in/guillaume-jouvencel/ Gha Marketing Website: https://ghapodcast.com/ #CorporateTreasury #InterestRates #Derivatives #CrossCurrencySwaps #FXRisk #DebtStructuring #CapitalMarkets...

Unser Whatsapp-Kanal. https://bit.ly/oaws-whatsapp Ohne Aktien-Zugang ist's schwer? Starte jetzt bei unserem Partner Scalable Capital. Alle weiteren Infos gibt's hier: scalable.capital/oaws. Lieber als Newsletter? Geht auch. https://bit.ly/oaws-nl Das Buch zum Podcast? Jetzt lesen. https://amzn.to/48nDGbv SAP ist wertvollste Firma Europas. BYD macht mehr Umsatz als Tesla. Alipay setzt auf China-Chips. Sonst so: Bayer leidet unter Strafe, Beiersdorf leidet unter Nivea, 23andMe ist insolvent. Dafür sind Trumps Zölle wohl entspannter und Elliott mag RWE. Family Offices, ein mächtiger Aktionär und Steuervorteile. Das alles spricht für Singapore Exchange (WKN: 590379). Handys wie Apple. Autos wie Tesla. Das ist der Claim von Xiaomi (WKN: A2JNY1). Was ist mit der Aktie? Diesen Podcast vom 25.03.2025, 3:00 Uhr stellt dir die Podstars GmbH (Noah Leidinger) zur Verfügung.

This is Part 1 of 2 with Zi Yong Chua, Carro COO on his journey driving Gen AI transformation in the pan-Asia used car platform.Timestamps(01:19) How Zi Yong joined Carro after PayPal, Alipay, and his own ventures;(04:41) Zi Yong's first order of business as COO, refining Carro's internal data processes for better productivity;(08:20) How Zi Yong linked productivity gains to end business results; (12:59) Zi Yong's three principles on leveraging Gen AI;(19:18) Stay tuned for part 2 on how these principles impacted Carro's Gen AI journey and the ROI of their Gen AI transformationAbout who you are on call with Zi Yong is the Chief Operating Officer at Carro. He drives the "People, Process, Technology" transformation within Carro, ensuring that Asia Pacific's fastest growing automotive marketplace remains at operational excellence as it continues to grow rapidly. He is focused on digitising workflows, enabling automation and data-driven insights within the organisation.Zi Yong brings more than 15 years of experience from the Internet and e-payments industry, with roles in global giants like PayPal and Ant Group. In his 5 years in Ant Group, he led Product teams and projects with Paytm and Touch N Go Digital, helping them become ‘super app' in their respective markets. He was also the principal inventor of a patent for payment system decision making during his time in Ant. Back in 2009 while still in university, he founded his own venture-backed mobile payment company, and was one of the early drivers of the Android developer scene in Singapore.Connect with Zi YongFollow us on LinkedIn for more updates: https://www.linkedin.com/company/insignia-ventures/Check out Insignia Business Review for more insights: https://review.insignia.vc/Subscribe to our monthly newsletter for all the news and resources: https://insignia.vc/newsletterDirected by Paulo JoquiñoProduced by Paulo JoquiñoThe content of this podcast is for informational purposes only, should not be taken as legal, tax, or business advice or be used to evaluate any investment or security, and is not directed at any investors or potential investors in any ⁠⁠⁠⁠⁠⁠Insignia Ventures⁠⁠⁠⁠⁠⁠ fund. Any and all opinions shared in this episode are solely personal thoughts and reflections of the guest and the host.

Des centres d'escroquerie en Asie du Sud-Est, notamment en Birmanie, au Cambodge et au Laos, exploitent des milliers de personnes pour mener des arnaques en ligne, générant des milliards de dollars. Après l'enlèvement d'un acteur chinois en Thaïlande, une coopération entre la Thaïlande, la Chine et la Birmanie vise à démanteler ces réseaux, qui utilisent les plateformes sociales pour piéger leurs victimes, notamment via des fraudes aux cryptomonnaies. Xu, l'un des rescapés, attiré sous un faux prétexte près de la frontière birmane puis emmené de force dans un centre d'escroquerie, raconte. Xu débute son récit en racontant qu'il a été attiré, avec trois autres personnes, à la frontière, sous un faux prétexte pour du travail. Mais une nuit, plus d'une douzaine de personnes en uniforme de camouflage, avec des couteaux à la taille, les ont forcés à escalader la montagne qui les séparait de la Birmanie. À ce moment-là, dit-il, il était trop tard pour partir, et c'est là qu'il a compris que quelque chose n'allait pas :« Pendant 48 heures, nous avons traversé de nombreux endroits en Birmanie, mais je ne me souviens plus de quels villages il s'agissait. À chaque poste de péage, il y avait des fonctionnaires birmans en service. Ils comprenaient et parlaient chinois. Ils étaient tous complices. Tant que vous leur donniez des yuans, ils vous laissaient passer. »À lire aussiEscroqueries en ligne: la Thaïlande intensifie ses actions contre les réseaux criminels frontaliersOrdinateur, plusieurs téléphones, outils de traduction « pour communiquer »...Une fois arrivé dans le centre, Xu explique qu'il travaillait sans arrêt tous les jours de 10h30 à 2h00 le lendemain, et que tout était étroitement contrôlé. « Chaque personne recevait un ordinateur et quatre téléphones Apple équipés de cartes SIM birmanes avec des numéros commençant par +95, tous d'occasion. Là, on créait des comptes Gmail, puis Facebook, Instagram. On gérait 20 comptes chacun », se souvient-il.Il poursuit : « Parfois, les clients voulaient discuter. Il était essentiel de créer un lien émotionnel. Au début, on utilisait l'anglais, mais si le client parlait une autre langue comme le thaï ou le malais, on se tournait vers des outils de traduction pour communiquer dans la langue du client. L'objectif ultime restait de guider le client dans son investissement. Il n'y avait pas de script fixe, juste quelques tactiques générales. »« Le lien menait à un faux site web d'imitation très réaliste »Xu reprend son récit : « Le centre s'étendait sur sept étages, chacun travaillant sur des projets de fraude différents, à chaque étage. Au total, il y avait 14 équipes et projets de fraude. L'équipe dont je faisais partie se concentrait sur la cryptomonnaie, en particulier l'USDT.Plus tard, j'ai appris que des personnes de nombreux pays pouvaient transférer leur monnaie locale sur la plateforme d'échange OKX, qui est reconnue internationalement, sauf en Chine continentale où elle n'est pas autorisée. Après avoir transféré de l'argent, elles pouvaient utiliser des dollars américains pour acheter des cryptomonnaies.Une fois que quelqu'un avait acheté de la cryptomonnaie, même pour une valeur de seulement 500$, il recevait un lien qui semblait être une plateforme de trading légitime, comme un site de bourse. Cependant, le lien menait à un faux site web d'imitation très réaliste. La première fois, l'équipe d'escrocs manipulait le backend pour s'assurer que la victime ''gagnait''. Tout était contrôlé par les chefs de l'équipe d'escrocs en coulisses, et la victime gagnait inévitablement au début pour gagner sa confiance. »À lire aussiAsie: la lutte s'intensifie contre les centres d'arnaques en ligneUne exploitation humaine jusqu'au bout Xu raconte que de nombreux Chinois étaient enfermés dans ces camps, et que le flot d'arrivées ne cessait jamais. Tous les jours, dit-il, on venait sélectionner certains individus : « Nous devions porter des menottes et ils nous donnaient deux repas par jour, juste des restes de nourriture dans des boîtes en papier. »La violence était omniprésente : « Ils frappaient ceux qui résistaient, car beaucoup de gardiens étaient des mercenaires armés de fusils et de matraques électriques. Toute résistance était vaine, et ceux qui essayaient mais qui échouaient étaient enchaînés.Si vous n'étiez pas choisi dans les 30 jours, ils vous emmenaient dehors dans un véhicule, à Myawaddy ou à la frontière thaïlandaise, pour se faire prélever les organes. Deux reins pouvaient se vendre 500 000 yuans (plus de 63 000 euros). Si vous étiez jugé ''qualifié'', ils vous exploitaient au maximum.Si vous n'étiez pas sélectionné, ils vous forçaient à déverrouiller votre téléphone en scannant votre visage. Ils chargeaient votre téléphone, le connectaient au Wi-Fi et utilisaient votre visage pour accéder à des applications chinoises telles que WeChat, Alipay et des cartes bancaires, pour transférer le plus d'argent possible. »Des méthodes d'intimidation à la punition physiqueCeux qui résistaient étaient sévèrement punis, raconte-t-il. « Le premier jour, les gardes ont tiré sur 11 personnes dans la cour. Quatre sont mortes sur le coup. Sept d'entre elles étaient encore en vie. Là, ils ont trouvé une autre victime qui prétendait être vétérinaire en Chine continentale et lui ont demandé de déterrer les balles sur leurs corps. Le processus était diffusé en direct sur Telegram.Ils nous montraient aussi des vidéos d'autres centres d'escroquerie pour nous montrer des gens se faire punir. Ils utilisaient de l'eau bouillante pour la verser sur les orteils de quelqu'un, puis pliaient les articulations en arrière, et tout était diffusé en direct via des comptes Telegram et WeChat.Ils utilisaient cela comme une forme d'intimidation, en particulier sur ceux qui venaient d'être vendus. C'était une façon de donner l'exemple, à la fois pour les personnes sur place et pour les autres qui participaient à différentes opérations frauduleuses et qui regardaient la diffusion en direct. C'est ce genre de choses qui fait que les gens craquent complètement après y avoir passé un certain temps. »La famille de Xu a réussi à négocier son retour en Chine, après avoir en tout payé, en plusieurs étapes. Une liberté recouvrée pour un montant de près d'un million de yuans, soit près de 130 000 euros.À lire aussiDes centaines de «cyberesclaves» libérés d'un centre d'escroquerie en Birmanie

If you work across time zones, borders, and cultures, this is the show for you. This is your host Leonardo, welcome to the international business podcast.   Today, we dive into the world of HR, exploring it from both a recruitment and company culture perspective. Automation and AI are ubiquitous in today's business landscape. What should job seekers be wary of? Companies are facing significant challenges in China, with layoffs continuing to occur. What is driving these changes? Furthermore, what are the most significant challenges and opportunities for HR professionals as businesses transition to digital operations? This and more will be discussed.   Use the promo code 8D1E2 to get 50% off your first month on Patreon. This offer is valid until February 28th. Join Leonardo on Patreon for:⁠⁠⁠⁠ Podcast Archive: 102 episodes (40+ hours). Podcast Bonus Episodes: New exclusive content. Early Access: Upcoming YouTube videos and newsletters. Thinking Process Journal: Insights into Leonardo's content preparation, including a curated reading list and personal reflections. Q&A: Submit questions for future episodes, and receive a shoutout when they are answered. Miriam Wickertsheim is a German national and holds a double degree in Asia Studies and Economics from Germany and Tsinghua University. She is General Manager at Direct HR, one of China's largest German speaking recruitment firms. She has spent a decade and a half living and working in China. She is a well-recognized senior leader in the HR Service industry and a frequent speaker at various prestigious organizations here in China. She speaks German, English and Chinese. She also wrote the book “Overcoming Superwoman Syndrome: a 10 step guide to inner peace and success”. You can purchase her book (Amazon) here. Ben Eden is an international bestselling author of "How We See Ourselves" and a sought-after leadership coach, speaker, and HR strategist. With over a decade of experience in organizational development, employee retention, and executive coaching, Ben has guided leaders across industries to overcome challenges, build high-performing teams, and achieve transformational success. As the creator of the Eden Model for personal and professional fulfillment, Ben empowers HR professionals to align their self-perception with their goals, unlocking their full potential as leaders. Known for delivering engaging presentations and actionable insights, Ben inspires audiences to cultivate impactful relationships, foster trust, and lead with authenticity. His work is grounded in a deep understanding of the evolving HR landscape and a passion for helping others succeed. You can purchase Ben's book (Amazon) here. Chloris Liu is an experienced International Executive Headhunter with over a decade of expertise. She recruits senior to executive-level positions in the general manufacturing and consumer technology sectors across East China for Michael Page, a UK-listed company. Her notable achievements include successfully placing over 30 senior positions (from manager to VP) for local and multinational companies such as Walmart, Alipay, Samsung, IKEA, and others, primarily in the APAC region.   Chloris has over six years of experience with a Singapore-listed recruitment agency, focusing on commercial function placements in the tech and industrial sectors. Her international experience spans five years in Guangzhou, four years in Europe and the US, and she currently resides in Shanghai. If you work across time zones, borders, and cultures, come on the show to share your story. ⁠Connect with the host Leonardo Marra

Despite their dominance in China's payments sector, the duo faces global challenges due to a lack of transparency Note: The conversation segment of this episode was generated using AI and has been edited for accuracy. It is based on the Caixin story: In Depth: China's Booming Cross-Border E-Commerce Pits Alipay, WeChat Pay Against the World Subscribe now to unlock all coverage from Caixin Global and The Wall Street Journal for just $200 a year, enjoying a 66% discount. Group discounts are available — contact us for a customized plan.

Episode Topic In this insightful episode, Kevin Rosenquist welcomes Rufei Qian, CEO of NihaoPay, a company revolutionizing cross-border payments by bridging the gap between global merchants and Chinese consumers. They explore critical topics like regulatory challenges in entering the Chinese market, adapting to cultural differences, and the evolving trends in consumer behavior. Rufei shares how Chinese consumers have shifted towards local brands and the widespread adoption of digital wallets, contrasting it with Western reliance on credit cards. The discussion highlights the transformative impact of technology on global transactions and the unique opportunities in cross-border commerce. Lessons You'll Learn Discover actionable strategies for navigating the complexities of China's regulatory landscape while delivering a seamless user experience. Rufei delves into how merchants can adapt to the distinct consumer habits in China, such as the mobile-first approach and preference for digital wallets like Alipay and WeChat Pay. Learn how innovation, a global-local strategy, and talent development drive success in the fintech space. Gain insights into the potential of blockchain in payments and how AI can complement, rather than disrupt, established industries. About Our Guest Rufei Qian is the visionary CEO of NihaoPay, a leader in cross-border payments that connects global merchants with Chinese consumers. With over a decade of expertise in fintech, Rufei has spearheaded innovative solutions that simplify transactions, ensuring regulatory compliance and cultural adaptability. Her leadership has driven NihaoPay's groundbreaking initiatives, including a new card issuing platform tailored for seamless global shopping. Rufei is a passionate advocate for using technology to enhance financial ecosystems and foster meaningful connections between diverse markets. Topics Covered This episode dives into how global merchants can navigate China's regulatory landscape, highlighting key challenges and strategies for compliance. Rufei sheds light on evolving consumer trends, including the rise of digital wallets and the shift toward local brands in Chinese markets. She also explores the transformative role of technological innovations, such as AI and blockchain, in shaping the future of payments. Additionally, Rufei discusses NihaoPay's latest initiative, a card issuing platform designed to simplify cross-border transactions for global consumers. The conversation concludes with insights into cultural and operational shifts, emphasizing the importance of innovation, localization, and talent development in driving growth

A new visa waiver policy has been released, allowing citizens from 9 additional countries to enter China with ease! Is your country on the list? Check it out and get ready to embark on an exciting adventure in China! / Alipay's Ant Forest has been a hit for rewarding sustainable actions, but some users are apparently finding shortcuts to earn rewards without doing the eco-friendly work. Why would they cheat (16:28)? On the show: Heyang, Niu Honglin & Fei Fei

Alipay+ continues to develop and grow it's payment solutions, and recently announced some new options for it's digital wallets. This work has focussed on the WorldFirst and Antom, fintech offerings. Strategically they have identified 11 million possible users and also SMEs in Asian market who could benefit from these improved services. Initially Southeast Asia and South Asia have been targeted for the first wave of potential users for these fintech products. Ant International aims to continue to grow by leveraging AI aided business solutions in these areas, as well as across the three prime businesses in their portfolio. Ant International expands WorldFirst and Antom Payment Ecosystems With a series of organisational and strategic upgrades in 2024, Ant International, a leading global digital payment and financial technology provider, reported robust growth over the past year among all its four pillar businesses, Alipay+, Antom, WorldFirst and Embedded Finance. Alipay+ expanded its vibrant wallet-based payment and digtalisation space that further strengthens WorldFirst and Antom, the two business fintech services. The new Embedded Finance segment deepens Ant International's ecosystem by offering a rich array of FX, treasury management, inclusive lending and other AI-powered fintech solutions to clients and partners across the other three main businesses. "2024 has been a transformative year for Ant International," said Peng Yang, Chief Executive Officer of Ant International. "We are committed to advance inclusive growth through AI-powered innovation and collaboration on cross-border travel, trade, commerce and inclusive finance." Based in Singapore, Ant International provides partners across industries and markets a comprehensive range of digital payment and financial technology solutions. It is committed to driving inclusive growth through open collaboration and continuous innovation. Among Ant International's notable progresses in 2024 so far: Alipay+: Ant International's cross-border mobile payment and digitalisation technology solutions. Alipay+ leads the industry in collaboration with 35 leading mobile payment partners, including e-wallets, banking apps and BNPL apps, etc., connecting over 90 million merchants in 66 markets to 1.6 billion user accounts. It has also formed strategic partnerships with national standardised QR schemes, such as Singapore's SGQR, Malaysia's PayNet, South Korea's ZeroPay, Cambodia's KHQR, Nepal's NepalPay QR and Sri Lanka's LankaPay. Among the global merchants accepting QR code payments via Alipay+, over 90% are SMEs, reflecting Ant International's focus on inclusive digital transformation. Cross-border transactions of global payment partners together (excluding Alipay) via Alipay+ registered three times year-on-year increase in 2024, where Alipay maintains the leadership. Alipay+ builds a broader digital payment and digitalisation ecosystem for other pillar businesses of Ant International. Antom: a leading merchant payment and digitisation services provider, offering one-stop, vertical-specific digital payment solutions to merchants of all sizes. Total payment volume (TPV) of Antom's direct acquiring services nearly doubled between January and November 2024 over same period of 2023. Antom continues to strengthen its payment processing capabilities across all payment channels. Antom's card processing volume grew over 10 times from that of previous year, while delivering top notch authorization rates to its global enterprise merchants. Antom continues to launch tech-driven innovative solutions to provide more secure and efficient services at lower cost to its customers. Antom Copilot helped enhance operational efficiency for merchants by reducing the payment channel integration time from 5 to 10 days to only a few minutes. Antom EasySafePay streamlined digital wallet payments procedures, eliminating the need to redirect from merchant checkout page to the user's wallet app, and offers full acco...

China im Fokus bei echtgeld.TV – Wirtschaft, Aktien und Megatrends! In unserer ersten Folge von „Let's Talk“ begrüßt Tobias Kramer Frank Sieren – einen der führenden deutschen China-Experten. Gemeinsam sprechen sie über die chinesische Wirtschaft und die Chancen und Risiken chinesischer Aktien. Frank Sieren, selbst seit über 30 Jahren in China ansässig, gibt dabei exklusive Einblicke in die chinesische Technologie und Gesellschaft – von den rasanten Innovationen im E-Commerce bis hin zur Rolle Chinas in der Elektromobilität und Automatisierung. Was steckt hinter der Dynamik von Unternehmen wie Alibaba, Baidu und Tencent?

Nos visita de nuevo Ricardo Miranda, nuestro amigo, especialista tech y creador de Miravision, para hablar sobre su fascinante viaje a China.  Exploramos cómo funciona la tecnología en ese país, desde el impacto de las super apps como Alipay y WeChat, hasta su doble cara: funcionalidad impresionante vs control gubernamental.  Además, compartimos formas increíbles de usar ChatGPT para facilitar tu experiencia cuando viajas a un país distinto. Desde recomendaciones hasta traducciones, ¡Un must para techies y viajeros curiosos!

In dieser Spezialfolge unseres Cheftreff Podcasts nimmt Host Sven Rittau Dich mit auf eine faszinierende Reise durch die innovative E-Commerce-Landschaft Chinas. Gemeinsam mit dem China-Experten Ed Sander berichtet er von der K5 X-PEDITION nach Shanghai, Hangzhou und Peking und teilt wertvolle Einblicke in die dynamische Welt des chinesischen Online-Handels. Ed und Sven diskutieren die Dominanz von Plattformen wie WeChat, Alipay und Meituan und erklären, wie diese Apps das tägliche Leben der chinesischen Verbraucher prägen. Sie beleuchten außerdem die unterschiedlichen Strategien, mit denen chinesische Tech-Giganten ihre Ökosysteme aufbauen, analysieren die Entwicklung von Live-Commerce in China und sprechen über die rasante Expansion chinesischer Plattformen in neue Geschäftsbereiche. In der Folge mit Ed Sander und Sven Rittau lernst Du:

Chinese consumers have exhibited robust purchasing power for high-quality and intelligent products containing innovative technologies during the Singles Day shopping extravaganza.在“双十一”购物狂欢节期间，中国消费者对包含创新技术的高品质和智能产品表现出强劲购买力。Experts said this has played a vital role in promoting the recovery of consumption and shoring up economic growth in the country.专家表示，这对促进国内消费复苏和支撑经济增长起到了重要作用。Major Chinese e-commerce platforms have extended the promotional period, and adopted a simple and more pragmatic approach by canceling presale campaigns this year.中国的主要电商平台都延长了促销期，并采取简单务实的做法，取消了今年的预售活动。Instead, direct price cuts have become the preferred strategy to attract price-conscious customers and bolster sales during China's biggest online shopping event. 直接降价反而成为吸引价格敏感型顾客的首选策略，在中国最大的网购活动期间助力促售。Experts also said that unlike in the past, when record-smashing gross merchandise volume, or GMV, through discount-led sales had come to characterize the 11-11 or Double Eleven promotional campaign, chasing high GMV is no longer the focus now.专家们还表示，以往通过折扣带动销售来创造破纪录的商品交易总额（GMV）是双十一促销活动的特点，而现在，追求高GMV已不再是重点。Chinese shoppers are becoming more rational and carefully reviewing their needs, with an emphasis on the quality and value of commodities, they added.专家补充，中国购物者变得更加理性，他们会仔细思考自己的需求，注重商品的质量和价值。Data from Tmall, Chinese tech heavyweight Alibaba Group's business-to-customer platform, showed that in the first four hours after the shopping carnival officially kicked off at 8 pm on Oct 21, 174 brands saw their sales surpass 100 million yuan ($14 million).中国科技巨头阿里巴巴集团旗下B2C平台天猫的数据显示，在“双十一”于10月21日晚8点正式拉开帷幕后的四个小时内，有174个品牌的销售额超过了1亿元人民币（约1400万美元）。During this period, the turnover of more than 12,000 brands surged over 100 percent year-on-year and the sales of nearly 6,000 brands skyrocketed more than 500 percent compared with the same period last year.在此期间，12000多个品牌的营业额同比增长超过100%，近6000个品牌的销售额同比增长超过500%。The transaction volume of Apple Inc's products on Tmall exceeded 1 billion yuan within five minutes, while sales of domestic smartphone brands such as Huawei, Xiaomi and Vivo all surpassed 100 million yuan in the first four hours of the promotional event, according to Tmall.天猫数据显示，苹果公司产品在天猫上的交易额5分钟内就突破10亿元，而华为、小米、vivo等国产智能手机品牌在促销活动的前4个小时内销售额均突破1亿元。Consumers preferred to snap up bargains via livestreaming on e-commerce platforms, with sales from some top-tier livestreamers on Taobao Live, Alibaba's livestreaming arm, surpassing 100 million yuan within a short period.消费者更喜欢通过电商平台上的直播抢购特价商品，阿里巴巴旗下直播平台淘宝直播上一些头部主播直播间的销售额在短时间内就突破了1亿元。JD, another major Chinese e-commerce player, has launched a subsidy campaign worth 10 billion yuan, and given discounts for commodities included in the consumer goods trade-in program, such as home appliances and computers. It has also stepped up efforts to upgrade supply chains and logistics services.中国另一家大型电商平台京东推出了价值100亿元的补贴活动，并为家电、电脑等以旧换新计划中的商品提供折扣。京东还加大力度升级供应链和物流服务。JD said it recorded a double-digit year-on-year growth in transaction volume, orders, and user numbers between 8 pm on Oct 14, when its promotional gala opened, and 9 pm on Oct 31.京东称，从10月14日晚8点促销活动开始至10月31日晚9点，其交易量、订单数和用户数量均实现了两位数的同比增长。More than 16,000 brands saw their sales surge over threefold year-on-year, while the number of brands exceeding 100 million yuan in turnover increased over 400 percent compared with the same period last year. More than 17,000 merchants witnessed their order volumes soar over five times from a year earlier.16000多个品牌的销售额同比增长超过3倍，营业额超过1亿元的品牌数量同比增长超过400%。17000多家商户的订单量比去年同期激增5倍多。New users who bought apparel and cosmetics via JD's online marketplaces skyrocketed over 140 percent year-on-year, while JD's livestreaming channel saw a 245 percent year-on-year increase in order volumes.通过京东网上商城购买服装和化妆品的新用户同比激增超过140%，而京东直播频道的订单量同比增长245%。Consumer electronic devices witnessed robust growth during the shopping extravaganza.电子设备消费在购物节期间实现了强劲增长。The transaction volume of gaming laptops rose 120 percent year-on-year during the shopping spree, and AI smartphones and 4K projectors experienced 100 percent growth in turnover, while the sales of AI learning devices and 3D printers surged over 10 times from the same period last year, JD said.京东表示，“双十一”期间，游戏笔记本电脑的成交量同比增长120%，AI智能手机和4K投影仪的成交量增长100%，AI学习设备和3D打印机的销售量比去年同期激增10倍以上。Furthermore, a series of products that represent scientific and technological innovations achieved by Chinese enterprises have been made available on e-commerce platform Taobao. These products cover fields such as information technology, artificial intelligence, aerospace, new energy and quantum technology. 此外，代表中国企业科技创新成果的一系列产品已在电商平台淘宝上进行销售。这些产品涵盖信息技术、人工智能、航空航天、新能源和量子技术等领域。For example, consumers can directly purchase the country's independently developed AS700 civil manned airship and enjoy discounts. The airship can be used for sightseeing, emergency rescue and geophysical exploration of the skies, among other things.例如，消费者可以直接购买中国自主研发的AS700民用载人飞艇，并享受折扣优惠。该飞艇可用于观光旅游、紧急救援和天空地球物理勘探等。The Double Eleven festival was just a 24-hour event on Nov 11 when it was unveiled by Alibaba in 2009, but has stretched into a weekslong shopping spree lasting from mid-October to mid-November this year. Online retailers initiated the promotional event one week earlier this year than previously.阿里巴巴在2009年推出“双十一”活动时，该购物节还只是一个在11月11日举行的24小时活动，但今年的“双十一”已发展成从10月中旬持续到11月中旬的长达数周的购物狂欢节。与以往相比，今年的促销活动提前了一周。"Consumption has become the main driving force boosting China's economic growth, and the Singles Day shopping carnival is pivotal to unleashing consumers' purchasing potential, bolstering domestic demand and promoting consumption recovery," said Wang Yun, a researcher at the Chinese Academy of Macroeconomic Research.中国宏观经济研究院研究员王蕴表示：“消费已成为拉动中国经济增长的主要动力，‘双十一'购物狂欢节对于释放消费者购买潜力、拉动内需、促进消费复苏具有举足轻重的作用。”More stimulus policies are needed to stabilize and expand employment, improve household incomes, and boost people's ability and willingness to spend, so as to further perk up consumption, Wang added.王蕴补充，需要更多的刺激政策来稳定和扩大就业，提高家庭收入，增强人们的消费能力和意愿，从而进一步刺激消费。China's retail sales, a significant indicator of consumption strength, rose 3.3 percent year-on-year in the first three quarters of this year, said the National Bureau of Statistics. Online sales remained a bright spot, rising 8.6 percent year-on-year during the January-September period. 国家统计局数据显示，作为衡量消费实力的重要指标，今年前三季度，中国社会消费品零售总额同比增长3.3%，线上消费仍是一大亮点，网上零售额1-9月同比增长8.6%。Based on a survey by global consulting firm AlixPartners in early October, consumers still view Singles Day as the most important shopping festival. Most consumers are likely to maintain their spending levels from the previous year, with 25 percent of interviewed shoppers saying that there would be an increase in their overall spending, the consultancy said.根据全球咨询公司艾睿铂10月初的一项调查，消费者仍将“双十一”视为最重要的购物节。咨询公司称，大多数消费者可能会保持去年的消费水平，25%的受访购物者表示他们的总体消费会有所增加。Most of the increased spending based on the survey would be in apparel, daily necessities and cosmetics. Consumers are likely to remain sensible in their spending given the current economic backdrop, it added.根据调查，大部分增加的支出将用于服装、日用品和化妆品。该调查补充，在当前的经济背景下，消费者可能会保持理性消费。Online retailers have made promotional methods simpler this time, with a key focus on improving user experience and seeking high-quality and long-term growth, as Chinese consumers are more prudent and rational about potential purchases, said Jason Yu, managing director and vice-executive president of CTR Media Convergence Institute.央视市场研究（CTR）总经理、CTR媒体融合研究院执行副院长虞坚认为，随着中国消费者对潜在购买行为更加谨慎和理性，网络零售商此次将促销方式变得更加简单，重点放在提升用户体验、寻求高质量和长期增长上。Yu said retailers hope to roll out new products to attract consumers and build brand image during the shopping spree.虞坚表示，网络零售商希望在购物热潮中推出新产品来吸引消费者，并树立品牌形象。High-quality and intelligent commodities are crucial for stimulating the purchasing appetite of consumers and unleashing new consumption potential, he said.他说，高品质、智能化的商品对于刺激消费者的购买欲、释放新的消费潜力至关重要。"A series of pro-consumption policies, such as the consumer goods trade-in program, have played a significant role in bolstering the sales of consumer electronic products and household appliances on major online marketplaces," Yu added. 虞坚补充：“消费品以旧换新等一系列有利于消费的政策，对促进电子消费品和家用电器在主要线上市场的销售发挥了重要作用。”Meanwhile, Taobao and Tmall have officially integrated JD's logistics during this year's shopping carnival as sellers on these platforms can choose JD Logistics as the delivery method. JD has accepted the mobile payment option from Alipay, which is operated by financial technology company Ant Group.与此同时，淘宝和天猫在今年“双十一”期间正式整合了京东物流，这些平台上的卖家可以选择京东物流作为配送方式。京东已接入由金融科技公司蚂蚁集团运营的支付宝提供的移动支付方式。Industry insiders said these moves signify a key step in breaking down barriers between the two leading internet companies, enhancing interconnectivity of different platforms, and elevating the online shopping experience of users.业内人士表示，这些举措标志着两家先进互联网公司在打破壁垒、加强不同平台互联互通、提升用户在线购物体验方面迈出了关键一步。Mo Daiqing, a senior analyst at the Internet Economy Institute, a domestic consultancy, said major e-commerce platforms have ramped up efforts to offer steep discounts and shopping subsidies as well as simplify promotion methods during the prolonged shopping carnival to rev up sales.网经社电子商务研究中心高级分析师莫岱青表示，各大电商平台已加大力度，在持续很久的购物狂欢节期间提供大幅折扣和购物补贴，并简化促销方式，以刺激销售。"The policy measures to encourage trade-ins of consumer goods have not only stimulated consumers' desire to purchase, but also bolstered the sales and upgrades of household appliances, and propelled the popularity of green and energy-saving products," Mo said.“消费品以旧换新的政策措施不仅刺激了消费者的购买欲望，还促进了家电产品的销售和升级换代，推动了绿色节能产品的普及。”莫岱青说。She noted that Chinese consumers have become more value-conscious and are paying more attention to the quality and cost-effectiveness of commodities. Mo also emphasized that online retailers should launch new products and upgrade supply chains to attract a new breed of young shoppers.她指出，中国消费者变得更加注重价值，更加关注商品的质量和成本效益。莫岱青还强调，线上零售商应推出新产品并升级供应链，以吸引新一代年轻购物者。It is noteworthy that generative artificial intelligence technology has witnessed a ramp-up in China's retail industry during this year's 11-11 promotion.值得注意的是，在今年的“双十一”促销活动中，生成式人工智能技术在中国零售业迎来了爆发期。According to a report from consultancy Bain & Company, Chinese retail players are investing in generative AI to boost sales and Singles Day could be the perfect opportunity.根据贝恩咨询公司的一份报告，中国零售商正在投资发展生成式人工智能技术，以期拉动销售额，今年的“双十一”成为生成式AI大显身手的好机会。The report said 52 percent of the surveyed merchants have used at least one generative AI-enabled tool. More than half of them have used generative AI-powered customer service chatbot tools, while about one in three have used AI to generate content. The survey interviewed over 500 merchants trading on China's major e-commerce platforms.报告称，52%的商家使用过至少一种生成式AI工具，其中超过50%的商家使用过AI智能客服机器人，还有约1/3的商家利用AI生成内容。这项调查访问了中国主要电子商务平台上的500多家商户。It stated that the era of high double-digit increases in the GMV during the Singles Day shopping spree has come to an end, forcing retailers to focus more on sustainable growth, profitability and customer loyalty, rather than a win-at-all-costs obsession with the top line amid current economic headwinds.该报告指出，“双十一”期间GMV以两位数高速增长的时代已经结束，这迫使零售商更加关注可持续增长、盈利能力和客户忠诚度，而不是在当前的经济逆风中一味追求最高利润。Kelly Liu, partner at Bain & Company's Greater China retail and performance improvement practices, said AI's increasing prominence across Chinese retail sector offers a timely boost to a maturing industry that is facing challenges such as slower retail sales growth.贝恩公司全球合伙人、大中华区零售和绩效提升业务领导团队成员刘洋表示，人工智能在中国零售业的影响力和作用与日俱增，这为面临零售销售增长放缓等挑战的成熟行业提供了及时的推动力。Generative AI gives Chinese retailers access to a powerful tool for increasing sales and lowering cost, Liu said.刘洋认为，生成式人工智能为中国零售商提供了促进降本增效的强大工具。"It is vital that Chinese retailers deepen their customer engagement. AI tools can energize customer retention efforts, enabling e-commerce players to hyper-personalize their engagement with consumers and create bespoke shopping experiences for them," said James Yang, head of Bain & Company's Greater China retail practice.贝恩公司大中华区零售业务主席杨大坤表示，“中国零售商必须加强与顾客的互动。AI工具可以优化顾客挽留措施，帮助电商平台打造高度个性化的顾客互动方式，为顾客带来量身定制的购物体验。”Chinese retailers need to transition faster from AI experimentation to deployment at scale. The retailers that master generative AI in three key areas — deepening customer engagement, turbo-charging productivity and cost savings, and finding new growth beyond trade — could build a lasting strategic advantage, according to the report.中国零售商需要加快从AI实验过渡到大规模部署的步伐。报告指出，零售商如果能掌握生成式AI技术，并利用其成功强化顾客经营、推动降本增效、找到新增长点，就能建立长久的战略优势。Singles Day shopping extravaganza“双十一”购物狂欢节price-conscious customers价格敏感型顾客appareln. 服装gross merchandise volume商品交易总额

De halve wereld was bijeen in Kazan. Waar? Ja, in de hoofdstad van het Russische Tatarstan aan de Wolga. De zestiende topconferentie van de BRICS bracht gastheer Vladimir Poetin samen met Xi Jinping, Narendra Modi, Recep Tayyip Erdogan en tal van leiders van het mondiale Zuiden en Oosten. Zelfs António Guterres, de secretaris-generaal van de Verenigde Naties, kwam zijn vredesboodschap brengen.Jaap Jansen en PG Kroeger verkennen de BRICS en al hun onderlinge spanningen.***Deze aflevering is mede mogelijk gemaakt met donaties van luisteraars die we hiervoor hartelijk danken. Word ook vriend van de show!Heb je belangstelling om in onze podcast te adverteren of ons te sponsoren? Zend een mailtje naar adverteren@dagennacht.nl en wij zoeken contact.Op sommige podcast-apps kun je niet alles lezen. De complete tekst plus linkjes en een overzicht van al onze eerdere afleveringen vind je hier***Poetin bracht zijn collega's van China, India en Brazilië bijeen in New York toen hij begon als president van Rusland. Hij was wél lid van de G8 en zij voelden zich door de Westerse machten buitengesloten. Zij kregen entree, hij kreeg status.in 2009 begon het pas echt. Na de inval in Georgië kon Rusland alternatieve diplomatieke podia en coalities goed gebruiken. Het Westen zakte weg in de krediet- en eurocrisis en Barack Obama trad aan. Daarmee leek de tijd rijp voor een gedurfd alternatief en rivaliserende aspiraties. De vier BRIC-staten kondigden de start van een nieuwe wereldwijde reservevaluta aan die 'divers, stabiel en voorspelbaar' zou zijn.China verbond Zuid-Afrika eraan zodat het 'BRICS' ging heten en de grootste economieën van de niet-Westerse continenten verenigde. Maar de concrete uitwerking in nieuwe mondiale instellingen bleek moeizaam en traag. De Nieuwe Ontwikkelingsbank, het vermogen daarvoor en het idee van een mondiale munt als concurrent voor dollar en euro werden al snel een strijdperk, waarin China domineerde.De nieuwe leider Xi draaide er niet omheen. Los van die bank - die in Shanghai moest komen! - begon hij zijn strategische droom van de Zijderoute buiten de BRICS om te realiseren. Vervolgstappen tegen Westerse dominantie klonken ambitieus - BRICS Cable voor onderzeese cybercommunicatie netwerken, een BRICS 'Erasmus' en R&D-alliantie - maar het bleven maquettes.De Covid-pandemie trof de nieuwe alliantie zwaar. Ze bleek een papieren tijger en premier Modi van India claimde nadrukkelijker een leidende rol, ook tegenover XI. Zuid Afrika sloeg een eigen pad in. Het nodigde tientallen naties uit, te participeren als een schil van belangstellenden zonder veel impact. De Saoedi's en Argentinië haakten al snel af. Gretig was vooral het geïsoleerde Iran.Nu het afgelopen week Poetins beurt was om gastheer te zijn, zag hij dit als buitenkans voor zijn zwaar gehavende rol en positie in de wereldgemeenschap. De keuze voor Kazan in Tatarstan was een mooie schaamlap voor wie feestjes in het Kremlin toch wat al te opzichtig zou vinden.Modi en Xi gebruikten de topconferentie voor hun bilaterale problemen. Na vijf jaar ijstijd bereikten ze een soort wapenstilstand in hun grensconflict op de gletsjers van de Himalaya.Poetins voorzet van een alternatief betalingssysteem dat het Westerse SWIFT zijn monopolie zou ontnemen klonk leuk: 'BRICS Pay'. Maar het land dat via Alipay zijn eigen burgers en buitenlandse gasten tot vazallen maakt, gaf niet thuis. Poetins verklaring na afloop was fascinerend.Vooral de 'sideshows' bepaalden de sfeer en uitkomsten van Kazan. Poetin zat voor, maar heerste niet. Er was wel een soort Olympiade met veel medailles, maar tijdens de top moest de Centrale Bank in Moskou ingrijpen om de roebel niet te laten klappen. Reken maar dat vooral Xi die coïncidentie nauwkeurig noteerde.De EU kreeg van zowel Erdogan als Servië's Aleksandar Vučić een impliciete waarschuwing mee uit Kazan. We zijn loyale partners, maar we hebben ook alternatieven als jullie ons niet laten meedoen. EU-handelspartner Viëtnam deed het subtieler. Het kwam graag voor het eerst naar de BRICS, maar besloot verder tot niets.Poetins persconferentie aan het slot was er een voor de fijnproevers. De BBC ontlokte hem een ellenlange tirade over hoe het Westen Rusland kleineerde, in de hoek dreef en zijn soevereiniteit als natie ondermijnde. Hij was even openhartig als gefrustreerd.Maar waarom Kazan? De fascinerende historie en cultuur van die stad vertellen hun eigen verhaal. PG herinnert aan het grote Moslimimperium wat daar tussen 700 en 1552 onder meer de bonthandel door heel Azië en Europa beheerste. Hoe Kazan door de Mongolen werd overheerst en in 1552 door Tsaar Ivan IV 'de Verschrikkelijke' belegerd en verwoest werd. Poetin wist wat hij deed.***Verder luisteren339 – De geopolitiek van de 19e eeuw is terug. De eeuw van Bismarck258 - De kille vriendschap tussen Rusland en China455 - De bufferstaat als historische - maar ongewenste - oplossing voor Oekraïne253 - Poetins bizarre toespraak: hoe de president de geschiedenis van Oekraïne herschrijft453 – 75 jaar Volksrepubliek China, waar is het feestje?306 - De gevoelige geopolitieke relatie met China220 - China's nieuwe culturele revolutie24 - Ties Dams over China's nieuwe keizer Xi Jinping262 - Waarom India - ook voor Nederland - steeds belangrijker wordt409 - Nederland wereldwijd handelspartner, ook van communistisch Vietnam347 - Turkije: de belangrijkste verkiezing van 2023413 - "Eensgezind kunnen we elke tegenstander aan." Oana Lungescu over Poetin, Trump, Rutte en 75 jaar NAVO***Tijdlijn00:00:00 – Deel 100:28:18 – Deel 200:47:12 – Deel 301:20:31 – Einde Zie het privacybeleid op https://art19.com/privacy en de privacyverklaring van Californië op https://art19.com/privacy#do-not-sell-my-info.

This Day in Legal History: Volstead Act SignedOn October 28, 1919, the United States Congress passed the Volstead Act, formally known as the National Prohibition Act, over President Woodrow Wilson's veto. Named after Congressman Andrew Volstead, who championed it, the Act provided the legal framework to enforce the 18th Amendment, which had been ratified earlier that year. This amendment prohibited the manufacture, sale, and transportation of intoxicating liquors, marking the start of the Prohibition era in the United States.The Volstead Act defined "intoxicating liquor" as any beverage containing more than 0.5% alcohol, which was stricter than many Americans had anticipated. Though the Act aimed to curb alcoholism and reduce crime by eliminating the consumption of alcohol, it had some unintended consequences. A significant black market for alcohol quickly emerged, and illegal establishments known as "speakeasies" flourished in cities nationwide. Organized crime syndicates, most notably those led by figures like Al Capone, capitalized on the demand for alcohol, leading to a rise in criminal enterprises.Law enforcement agencies found it challenging to control the widespread defiance of Prohibition, and corruption among officials became rampant as many officers accepted bribes to look the other way. Public sentiment gradually turned against Prohibition as the social costs, including loss of tax revenue and an overwhelmed criminal justice system, began to outweigh the intended benefits. By 1933, the 21st Amendment was ratified, effectively repealing the 18th Amendment and ending Prohibition. The Volstead Act remains a critical historical example of how complex societal problems cannot always be resolved through restrictive legislation alone, highlighting the challenges of enforcing morality laws on a resistant population.A federal jury in Delaware awarded Apple $250 in damages, ruling that Masimo Corp.'s original smartwatch designs infringed on Apple's patents for the Apple Watch. The verdict reflects a limited win for Apple, as the jury found that only Masimo's discontinued designs—not its current products—infringed Apple's design patents. Apple's minimal damages request was a strategic move to secure a jury trial rather than a bench trial, emphasizing its desire to stop Masimo's alleged copying of Apple Watch features, not to seek financial compensation. Apple's legal team highlighted its innovation in smartwatch design, while Masimo's attorneys argued that Masimo's products were built around its pulse-oximetry technology, unrelated to the design patents at issue.Masimo countered Apple's claims by defending the novelty of its blood-oxygen measurement features and asserting that its designs prioritize functionality over aesthetics, unlike Apple's approach. Masimo attempted to avoid a jury trial by offering Apple a $900 cash payment, which Apple rejected, and the court ruled the case must proceed. The jury ultimately found that Masimo intentionally infringed two Apple design patents related to earlier product models but ruled out any infringement related to Masimo's current items, undermining Apple's case for an injunction.Apple Wins $250, But Little Else, at Trial on Watch Patents (2)Alibaba Group has agreed to pay $433.5 million to settle a securities fraud class action filed by investors in Manhattan federal court. The lawsuit, which began in 2020, accused Alibaba of misleading shareholders about its competitive practices and the failed initial public offering (IPO) of Ant Group, its financial technology affiliate known for the digital payment platform Alipay. Shareholders claimed Alibaba misrepresented its business practices and failed to disclose that it faced a significant $2.8 billion antitrust fine from Chinese regulators for allegedly pressuring merchants to sell exclusively on its platform.Though Judge George B. Daniels previously dismissed the claims related to the Ant IPO, he allowed the antitrust allegations to proceed. The $433.5 million settlement ranks among the largest 50 securities class-action settlements in U.S. history under the Private Securities Litigation Reform Act of 1995. Alibaba maintains its denial of wrongdoing, stating it settled to avoid the costs and burdens of prolonged litigation. The settlement requires court approval, with Glancy Prongay & Murray LLP representing the shareholders and Simpson Thacher & Bartlett LLP defending Alibaba.Alibaba to Pay $433 Million to Settle Antitrust Investor SuitAlibaba to pay $433.5 million to settle shareholder lawsuit over monopoly claims | ReutersAs the U.S. presidential election nears, Republicans aligned with Donald Trump have faced multiple legal setbacks in battleground states, hindering their push for tighter election restrictions. Over the past three weeks, courts in Georgia, Virginia, Arizona, Nevada, North Carolina, and Michigan have blocked Republican-backed initiatives, such as attempts to purge voter rolls and mandate hand-counting ballots. Notably, a Georgia judge invalidated seven rule changes proposed by Trump's allies, ruling them unlawful and too close to Election Day to implement. Virginia also halted the removal of allegedly non-citizen voters, with the judge citing federal laws against voter roll purges within 90 days of an election.In contrast, Republicans recently succeeded in enforcing stricter mail-in ballot deadlines in Mississippi. Despite setbacks, the party maintains its legal strategy aims to ensure election integrity, though experts suggest these efforts might instead be designed to spread doubts about the election's legitimacy. Analysts speculate that if Trump loses, these legal actions could fuel claims of fraud, casting doubt on the outcome.Republican battleground-state legal blitz falters ahead of election | ReutersA divided 5th U.S. Circuit Court of Appeals ruled that the National Labor Relations Board (NLRB) overreached by ordering Tesla CEO Elon Musk to delete a 2018 tweet about unionization. The tweet implied Tesla employees could lose stock options if they unionized, which the NLRB previously determined was an unlawful threat. However, the court's 9-8 decision held that Musk's tweet was protected under the First Amendment, as it was “speech on a topic of public concern,” making the NLRB's deletion order excessive.The majority opinion, supported by Republican-appointed judges, did not address whether Musk's tweet itself violated labor law, focusing instead on free speech rights. The ruling also instructed the NLRB to reconsider its mandate that Tesla reinstate a pro-union employee who was terminated. In a dissent, Judge James Dennis, joined by Democratic-appointed judges, criticized the decision as lacking substantial legal and factual grounding.Tesla Wins Challenge to NLRB Decision on Musk Union Tweet (1) This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

In today's episode of STR Daily, we explore two major advancements reshaping the travel landscape. First, we dive into the growing impact of mobile payments, from Alipay+ to the rise of cashless transactions, and how they are driving seamless experiences for travelers across the globe. Next, we take a look at how mapping technology is evolving, with platforms like Google Maps and new innovations in travel planning offering more personalized, integrated services for modern-day explorers. Tune in for insights on the technologies shaping the future of travel! Are you new and want to start your own hospitality business? Join our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook group⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Follow Boostly and join the discussion: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Want to know more about us? Visit our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠website⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Stay informed and ahead of the curve with the latest insights and analysis.

Starting Friday, consumers shopping on Alibaba's Taobao platform can now use Tencent's WeChat Pay for transactions, according to an official statement from Taobao.根据淘宝的官方声明，9月27日开始，消费者在阿里巴巴淘宝平台购物时，可以使用腾讯的微信支付进行交易。The new payment option allows users to complete purchases with WeChat Pay, and subsequent updates will enable users to access transaction records and bills directly within the WeChat app, WeChat Pay said.微信支付方面表示，新的支付选项允许用户使用微信支付在淘宝购物，后续更新将会支持用户在微信内查询相关支付凭证、用户账单等操作。Additionally, Taobao and Tmall are set to officially integrate JD Logistics, with the service expected to be available by mid-October. Once live, sellers on Taobao and Tmall will have the option of selecting JD Logistics for shipments.此外，淘宝天猫平台预计将于10月中旬正式接入京东物流服务。上线后，淘宝天猫平台上的卖家即可选择使用京东物流发货。JD.com will also introduce services from Cainiao's delivery network, including Cainiao Express and Cainiao Post, which offers parcel pickup points.京东还将接入菜鸟配送网络的服务，包括菜鸟速递和菜鸟驿站，后者可提供包裹自提点。JD.com is also preparing to add Alipay as a payment option, expected to launch ahead of the Nov 11 shopping festival. Both companies have confirmed that their logistics and payment cooperation agreements are now in place.与此同时，京东也将正式接入支付宝支付，预计将在双11购物节前夕推出。两家公司都确认，他们的物流和支付合作协议现已签订。The collaboration indicates that Chinese tech companies are moving toward more efficient resource integration and enhanced user experiences, said Liang Qiang, dean of Shantou University's School of Business.汕头大学商学院院长梁强表示，此次合作表明中国科技公司正朝着更高效的资源整合和增强用户体验的方向发展。The partnership is also aligned with China's macro policies to advance digital infrastructure and facilitate the dual circulation of domestic and international markets while enhancing the competitiveness of Chinese e-commerce platforms in the global supply chain, he added.梁强补充，这一合作顺应了中国的宏观政策，即推进数字基础设施建设，促进国内国际双循环，同时增强中国电子商务平台在全球供应链中的竞争力。transactionn. 交易；买卖logisticsn. 物流；后勤dual circulation双循环

Chinese tech heavyweight Alibaba Group Holding Ltd's online marketplaces Taobao and Tmall announced on Thursday that they will accept mobile payment options from Tencent's WeChat Pay gradually from Sept 12, a significant step in breaking down payment barriers between the two internet companies, enhancing interoperability and interconnectivity of different platforms and improving user experience, experts said.中国科技巨头阿里巴巴集团控股有限公司旗下的在线市场淘宝和天猫于9月5日宣布，将从9月12日起逐步接受腾讯的微信支付作为移动支付选项，专家称这是打破两家互联网公司支付壁垒的重要一步，这将增强不同平台之间的互操作性和互联互通，提升用户体验。They added the move is conducive to elevating payment convenience, invigorating the vitality of consumption, and bolstering the innovation and development of payment modalities.他们补充说，这一举措有助于提高支付便利性，激发消费活力，并促进支付方式的创新发展。Taobao and Tmall said in a statement on Wednesday that they had issued notices on their platforms to solicit feedback from merchants about accepting WeChat Pay as an additional payment method, as part of a broader push to improve the shopping experience.淘宝和天猫在9月4日的一份声明中表示，他们已在平台上发布通知，征求商家关于接受微信支付作为支付方式的反馈，这一举措将有助于改善购物体验。The two platforms said they are upholding the concept of openness and cooperation and actively exploring interoperability and partnerships with various platforms to enhance user experience and make consumers' shopping activities more convenient, enjoyable and efficient.这两个平台表示，他们坚持开放和合作的理念，并积极探索与各种平台的互通性和合作伙伴关系，以提升用户体验，使消费者的购物活动更加方便、愉快和高效。Alipay, a popular mobile payment tool launched by Chinese fintech company Ant Group, said in a statement following the announcement, "Openness, collaboration, innovation and sharing are fundamental principles of the internet and the driving force behind the industry's development."由中国金融科技公司蚂蚁集团推出的流行移动支付工具支付宝在公告后发表声明称，“开放、合作、创新和共享是互联网的基本原则，也是行业发展的驱动力。Alipay said it will continue to deepen cooperation with Taobao and Tmall, and step up innovation in technologies and products. Apart from payment products, the company will further expand open cooperation in broader ecosystems such as internet technology and artificial intelligence to create more business opportunities, it added.支付宝表示，它将继续深化与淘宝和天猫的合作，并加强技术和产品的创新。除了支付产品，该公司还将在更广泛的生态系统（如互联网技术和人工智能）中进一步扩大开放合作，创造更多商机。As the main rival to WeChat Pay, Alipay is a major payment service provider for Taobao and Tmall. WeChat Pay said it is always open to collaborations, and is actively exploring interoperability with various sectors, adding it plans to continue exploring new partnerships and improving convenience for users on the basis of ensuring transactional security.作为微信支付的主要竞争对手，支付宝是淘宝和天猫的主要支付服务提供商。微信支付表示，它始终对合作持开放态度，并积极探索与各个行业的互操作性，同时计划在确保交易安全的基础上，继续探索新的合作伙伴关系并提高用户便利性。Pan Helin, a member of the Ministry of Industry and Information Technology's Expert Committee for Information and Communication Economy, said the move is a win-win result for the two Chinese tech giants as both Taobao and Tmall could attract WeChat users by adding WeChat Pay as a payment option and help bolster their business performances, while WeChat Pay will greatly expand its application ecosystems via its access to e-commerce platforms.工业和信息化部信息通信经济专家委员会成员潘和林（音）表示，这一举措对两家中国科技巨头来说是双赢的结果，因为淘宝和天猫可以通过增加微信支付作为支付选项来吸引微信用户，帮助提升他们的业务表现，而微信支付则可以通过接入电商平台大大扩展其应用生态系统。Pan said Taobao and Tmall have access to several mobile payment tools — such as Cloud QuickPass of payment giant China UnionPay — and digital renminbi, so accepting payments from WeChat Pay will not affect the current digital payment landscape.潘和林（音）表示，淘宝和天猫已开通包括支付巨头中国银联的云闪付在内的多种移动支付工具，以及数字人民币，因此接受微信支付不会影响当前的数字支付格局。"It is foreseeable that there will be more frequent and closer cooperation among different platforms and payment companies," Pan said, adding that allowing users to transact through WeChat Pay on Taobao and Tmall will help the platforms gain more users from smaller cities, where WeChat Pay has a higher penetration rate than Alipay.潘和林（音）说“可以预见，不同平台和支付公司之间的合作将会更加频繁和紧密”，他还表示，允许用户在淘宝和天猫上通过微信支付进行交易，将有助于这些平台吸引更多来自小城市的用户，那里的微信支付渗透率高于支付宝。Industry statistics show that WeChat Pay and Alipay together control 90 percent of China's mobile payments market. Experts said the acceptance of WeChat Pay on Taobao and Tmall is a landmark event in enhancing the interconnectivity of payment methods.行业统计数据显示，微信支付和支付宝共同控制了中国移动支付市场90%的份额。专家表示，淘宝和天猫接受微信支付是一个增强支付方式互联互通的里程碑事件。Wang Pengbo, a senior analyst at market consultancy Botong Analysys, said the move will allow consumers to choose their preferred payment methods freely, enhance their shopping experience, unleash consumption potential as well as provide more possibilities for bolstering the innovation of payment technology.市场咨询公司博通分析的高级分析师王鹏博（音）表示，此举将允许消费者自由选择他们偏好的支付方式，提升他们的购物体验，释放消费潜力，并为支付技术的创新提供更多可能性。Alibaba and Tencent have been taking measures to integrate services since 2021 after Chinese authorities urged tech companies to tear down their so-called walled gardens that block competitors' products.自2021年中国当局敦促科技公司打破所谓的“封闭平台”，即封锁竞争对手产品这一行为以来，阿里巴巴和腾讯就已开始采取联合服务措施。Alibaba has incorporated WeChat Pay into its on-demand food delivery app Ele.me, video-streaming platform Youku and online ticket booking platform Damai. Tencent, which once limited the sharing of links to Alibaba stores on WeChat, has gradually allowed users to open a variety of links and content from rival platforms within its messaging app.阿里巴巴已经将微信支付整合到了其即时配送应用“饿了么”、视频流媒体平台“优酷”以及在线票务预订平台“大麦网”中。腾讯曾经限制在微信上分享阿里巴巴店铺链接，但如今已经逐渐允许用户在其消息应用中打开来自竞争对手平台的各种链接和内容。Moreover, Meituan, a popular on-demand services platform, has launched its food delivery and hotel booking services as Alipay's mini programs, offering exclusive coupons and merchant discounts.此外，美团已经使食品配送和酒店预订服务进入了支付宝的小程序，并提供独家优惠券和商家折扣。Interoperabilityn.互用性，协同工作的能力upholdv.支持，维护，拥护

Like this? Get AIDAILY, delivered to your inbox, every weekday. Subscribe to our newsletter at https://aidaily.us Agentic AI: Revolutionizing Business with Autonomy and Innovation Agentic AI, the next evolution of artificial intelligence, promises greater autonomy and problem-solving capabilities. It can make decisions, plan actions, and adapt to new information. With potential applications across healthcare, cybersecurity, finance, and more, agentic AI is poised to transform industries while raising ethical and privacy concerns. Critics Underestimate the Creative Potential of AI Art Generative AI can be a valuable tool for artistic creation, despite skepticism from critics like Ted Chiang. While AI lacks human-like thought, its capacity to discover patterns across vast datasets offers unique creative possibilities. AI shouldn't be dismissed but rather embraced as a tool for enhancing human creativity. California Seeks AI Solutions for Housing and Homeless Crisis Governor Gavin Newsom announced a call for developers to create AI tools to tackle California's homelessness and housing issues. The tools would identify real-time shelter availability and streamline housing permits. The state also seeks AI solutions for budget analysis to improve efficiency. Tech partnerships include OpenAI and Anthropic. Harvard Develops AI Tool for Cancer Detection and Prognosis Harvard Medical School researchers have developed a groundbreaking AI tool that diagnoses cancer with nearly 94% accuracy across 19 types, including lung, breast, and colon cancer. The AI can also predict patient survival, surpassing current models. If validated, this tool could transform cancer diagnosis and treatment predictions. Ant Group Launches AI 'Life Assistant' App Amid Market Shift China's Ant Group, backed by Alibaba, introduced the Zhixiaobao AI-powered "life assistant" app. The app integrates with Alipay to assist users in everyday tasks such as ordering meals, booking taxis, and discovering entertainment. The app leverages Ant's BaiLing foundation model and is part of the firm's business overhaul after regulatory challenges.  The AI Super Cycle: NVIDIA's Dominance and Apple's Next AI Move Despite recent market volatility, the AI super cycle is far from over. NVIDIA leads with its $3 trillion market cap, driven by AI infrastructure, while companies like Apple are poised to enter the AI race, with Siri expected to play a pivotal role in driving consumer demand during upcoming product launches.

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Beijing's public transportation system is set to become more foreigner-friendly, with the Chinese capital testing the feasibility of introducing an all-in-one city travel pass.进入暑期，北京各大景区的外国游客明显增多。为了方便外籍乘客出行，北京计划推出一卡通国际卡Beijing Pass。未来，外籍人士可持Beijing Pass卡在北京轨道交通刷闸乘车。For starters, the Beijing Pass will enhance the convenience of subway travel for foreign visitors, who will be able to use their international bank cards to purchase the pass at the city's seven railway stations and two airports that have integrated subway lines.为配合一卡通国际卡Beijing Pass顺利上线，地铁车站正在进行现场测试，后续预计在“七站两场”（七大火车站、两座机场）地铁站内面向外籍人士发售，方便外国朋友持卡在北京轨道交通刷闸乘车。To facilitate the smooth launch of the Beijing Pass, subway stations are currently undergoing on-site testing, the city authorities said on Wednesday.7月31日，北京市政府表示，地铁车站正配合其上线进行现场测试。Wu Liyun, a professor at the China Academy of Culture and Tourism of Beijing International Studies University, said the Beijing Pass will allow foreign visitors to explore the city at their convenience, without having to worry about payment hurdles while using public transportation."If the pass can be integrated with Alipay, a widely used Chinese digital payment platform, it will also save time and make it easier for foreigners to use public transportation," Wu said.北京第二外国语学院中国文化和旅游产业研究院教授吴丽云表示：“如果Beijing Pass与支付宝合并，也将节省时间，外国游客更容易上手。”Beijing Pass将让外国游客在其空闲时探索北京，免受乘坐公共交通工具时的付款障碍。Beijing's new foreigner-friendly move comes at a time when the city is witnessing a rapid increase in the number of overseas visitors. The capital has already introduced several facilities to serve them better.这两年，交通行业推出一系列措施，服务来京的外国游客。For example, all 335 stations across the 17 lines managed by Beijing Subway have been equipped with point-of-sale machines as of June 1. These machines allow foreign passengers to purchase tickets using international bank cards. The authorities plan to introduce additional services, such as allowing foreigners to use their international bank cards directly at the platform gates.为提升外籍乘客地铁出行支付便利性，6月1日起，北京地铁所辖17条线路335座车站完成了POS机铺设，外籍乘客可通过POS机，使用外国银行卡支付购票乘车。Ronan, a French international student in Beijing, said the plan to introduce an all-in-one public transportation card is a welcome move.在北京的法国留学生罗南（Ronan，音译）表示，引入一卡通国际卡是一项十分受欢迎的举措。"My friends who visited Beijing couldn't use Alipay for public transportation because they didn't have Chinese phone numbers. Alipay is quite convenient for foreigners who have lived in big cities for a while, but for foreign tourists, the new option (Beijing Pass) will be better," he said.他表示：“我的朋友之前去北京时没有中国电话号码，也不会使用支付宝乘坐公共交通工具。对于在大城市生活很长时间的外国人来说使用支付宝也许很方便，但对于外国游客来说，（使用）一卡通国际卡更简单。”In addition to taking steps to streamline payment services, Beijing Subway has piloted the installation of multilingual translation devices at eight stations that foreign travelers frequently visit, such as Tian'anmen West on Line 1, to offer them more accurate and detailed information about subway schedules.北京地铁公司在1号线八通线天安门西等8座车站试点配置了多语种翻译机，支持多国语言翻译，为外国游客提供更准确的地铁信息。Furthermore, bilingual announcements in Chinese and English have been started at major railway stations, the two airports, and subway stations near tourist attractions.此外，在“七站两场”及景点周边车站，增设中英文个性化广播，车站适时启用或切换中英文个性化广播，有效减少外籍乘客问询次数。According to data from the Beijing General Station of Exit and Entry Frontier Inspection, as of Monday, the number of entries and exits at Beijing's ports exceeded 10 million this year, surpassing the total number for the whole of last year.北京出入境边防检查总站数据显示，截至7月29日15时30分，北京口岸2024年以来出入境人员量已突破1000万人次，是2023年同期的2.5倍，已超2023年全年出入境人员总量。Among these people, more than 1.2 million were inbound foreign visitors, a year-on-year increase of 210 percent.其中入境外国人120.3万余人次，同比增长210%。Apart from Beijing, other major cities in China such as Shanghai and Guangzhou, Guangdong province, are also making public transportation more accessible for international visitors by introducing similar passes and allowing taxi fares to be paid with international credit cards.除北京外，中国其他一线城市如上海和广州，也计划推出类似的一卡通，并支持使用外国银行卡支付购票乘车，方便外国游客出行。China Academy of Culture and Tourism of Beijing International Studies Universityn.北京第二外国语学院中国文化和旅游产业研究院Beijing General Station of Exit and Entry Frontier Inspectionn.北京出入境边防检查总站

#10 DBN – Juni-News / Paydirekt & Teo

Alipay+ Partner E-Wallets Transactions in Germany Rose by 67% One Week into UEFA EURO 2024 as Young Asia Embraces Sports Tourism Across Europe, over 400,000 Alipay+ merchants of all sizes benefit from UEFA tourism. Visitor spending via Alipay+ partner wallets grew by 29% in the opening week YoY. Alipay+ transactions in Germany have increased by 67% during the opening week of UEFA EURO 2024 over the previous one, as the country becomes a top destination for international football fans celebrating the tournament. Alipay+ and E-Wallets grow in usage at UEFA EURO 2024 Alipay+ acceptance extends across Germany's top tourism destinations, including the historic Farina Duftmuseum in Cologne. As international football fans travel to Germany for UEFA EURO 2024, Alipay+ announced that transactions in the country have increased by over two-thirds (67%) during the opening week of the tournament (Thursday 13th June 2024 - Wednesday 19th June 2024). Alipay+, an official sponsor of UEFA EURO 2024, is a suite of cross-border mobile payments and digitalization technology solutions that now supports 30 global e-wallets and banking apps. The number of customers paying with Alipay+ partner wallets in the opening week increased by 59% (WoW). Total value per transaction increased by 56%, benefiting local SMEs across food & beverage, retail, travel and other segments. Beyond Germany, as fans congregated in pubs, bars and hotels across the continent to watch the opening matches, overall European Alipay+ transactions rose by 13% during the opening week (WoW). Over a quarter (29%) more tourists to Europe are paying with Alipay+ than in 2023, and 11% more compared with the previous week, given an increase in international tourism from China and other Asian countries, as well as the growing popularity of Europe as a travel destination since the pandemic. Cologne's Farina Duftmuseum was established in 1709, making it the oldest perfume house in the world and a popular attraction for international tourists. Ninth-generation owner, Louise Farina, commented on her experience trading during the tournament, "It's so exciting to experience the electric energy of Cologne as football fans congregate from all around the world and visit our museum. Offering Alipay+ as a payment solution is a great convenience for tourists from Asia, which are an important demographic for us, when purchasing our renowned fragrances". In Düsseldorf, Zhang Liang Malatang Spicy Hot Pot hosts international guests for lunch and dinner service daily, offering hot pot and a wide selection of Asian cuisine. Muxin Guo, owner of the restaurant, commented "Every day we host guests from China and many other countries in Asia, who enjoy being able to pay with their preferred home e-wallet. Being located in a city recognised for its excellent Asian dining, offering a range of international payment methods via Alipay+ makes us stand-out as an attractive destination for visitors". Alipay+ has now enabled over 400,000 merchants in Europe, with over 120,000 in the DACH region alone. Among the 15 Alipay+ mobile partners in Germany are Alipay (Chinese mainland), AlipayHK (Hong Kong SAR, China), MPay (Macao SAR, China), Touch 'n Go eWallet and MyPB by Public Bank Berhad (Malaysia), Hipay (Mongolia), GCash (The Philippines), OCBC Digital and Changi Pay (Singapore), TrueMoney (Thailand), Tinaba (Italy), Bluecode (Germany and Austria) and Kakao Pay, Naver Pay and Toss Pay (South Korea). Ilaria Limelli, a 22-year-old creative from Italy who uses the Tinaba app to make payments via Alipay+, added: "It's been amazing to support the Italian team as they compete in the EUROs - but what's a match without drinks and snacks? Paying with my Tinaba e-wallet via Alipay+ was simple and convenient at the stadium, and I was also able to pay for local souvenirs at nearby stores effortlessly". Pietro Candela, General Manager of Europe at Alipay+, commented: "The EUROs is just one testimonial to the rising interest in m...

Could the mainstream media be steering you wrong about the stock market? In this episode, we cut through the noise and debunk myths that have been holding you back from achieving your financial goals. We'll start by highlighting the impressive returns of our portfolio, demonstrating the effectiveness of our tried-and-true investment strategies. Get ready for a detailed breakdown of the RSI momentum indicator, and let's tackle the fears surrounding market extremities head-on. We also take a close look at NVIDIA's stock price in relation to its profits, showing you why it's not overvalued. Plus, we discuss the role of substantial cash reserves in U.S. companies and how they influence stock buybacks and dividends. Learn about the potential for upcoming Federal Reserve interest rate cuts and how an economic slowdown, as evidenced by Walmart's recent earnings call, might affect your investments.Shifting gears, we delve into the complexities of stock market resistance and support. You'll gain insights into the regulations around company buybacks and the rationale behind them. Ever wondered how payment processors make their money? Discover how PayPal profits from merchants rather than transfer fees, and hear our analysis on Elon Musk's ambitious vision for X, comparing it to China's WeChat and Alipay. We also explore how Musk's strategy could impact PayPal in the future. Then, we turn our focus to Palantir's stock performance and the significant technical indicators around the $25 mark. Don't miss our discussion on the importance of closing above this threshold for future trading signals. This episode is packed with valuable insights to help you navigate the stock market with confidence.Support the Show.

pro-cannabis rally, teen gang arrest, murder cover-up, durian scam sentence, Alipay tourism boost, and torrential rains. --- Send in a voice message: https://podcasters.spotify.com/pod/show/thaigerpodcast/message

today's tech briefing podcast - monday, may 6th join wally for an insightful journey into the latest happenings in the tech industry. in today's episode, we delve into a range of topics that are stirring conversations and setting the stage for future developments. here's what we cover: - apple's surprising announcement: discover details about apple's unexpected event scheduled for tomorrow morning, including the anticipation surrounding their ipad lineup expansion and the introduction of an m4 chip. understand how this moves against the backdrop of microsoft's third-party silicon rumors. - biden administration invests in semiconductor innovation: learn about the $285 million investment under the chips act aimed at employing digital twins for semiconductor manufacturing. this initiative represents a significant push towards reducing costs, enhancing collaboration, and securing the u.s. leadership in advanced manufacturing technologies. - ant group's global expansion via alipay+: explore how ant group is broadening its horizons with alipay+, aiming to unify mobile payment apps globally amidst the changing financial landscape due to covid-19 and regulatory pressures in china. - stack overflow and openai partnership: uncover the implications of stack overflow teaming up with openai to enrich generative ai models, potentially transforming the developer experience and indicating a broader trend of ai-enhanced innovation across technology platforms. - trolling the lockbit ransomware gang: delve into the novel tactics employed by law enforcement to combat and undermine the notorious lockbit ransomware gang by resurrecting and trolling their dark web site, highlighting the ongoing battle against cyber threats. stay ahead of the curve with these crucial updates and insights into the evolving world of technology and digital transformation. we'll see you back here tomorrow for your next tech briefing

On the 54th episode of Business English Power, ALsensei goes over the following business news article:"China's Ant Group doubles down on global expansion with cross-border payments offering Alipay+"Have you heard about Alipay, the digital payment wallet from Alibaba? If not, it may be coming to your country soon as Alipay+! Check out this episode to keep up to date on all the latest news.Link to article: "China's Ant Group doubles down on global expansion with cross-border payments offering Alipay+"Here are useful vocabulary from the article:to double downofferingfintechglobal presencee-walletglobal arminroadsmerchantto pull the plugto restructureconcurrentlygeopoliticalinteroperabilityPlease subscribe to Business English Power in Apple Podcasts, iTunes, Spotify, and everywhere you listen to podcasts.If you have any questions and/or suggestions for the show please e-mail me directly at:AL at BUSINESSENGLISHPOWER dot COMOn Business English Power, I help you express yourself more naturally and smoothly. We talk about how to make your Business English sound more natural, attain a Global Mindset, and apply powerful Success Principles.Level up your LearningLevel up your Life

Contact Ron Efron on LinkedInVisit BluOceanFollow Asia Business Podcast on LinkedIn Full show Transcript below Summary and Timestamps Security in an Evolving Asia Business EnvironmentIn this episode of the Asia Business Podcast, host Art Dicker interviews Ron Efron, the director of BluOcean Security, about the comprehensive security services they offer multinational clients across the Asia Pacific. Ron shares insights into the origins and rapid growth of BluOcean Security, detailing their specialization in physical security systems like electronic security components and access management. He discusses the unique security needs of Fortune 500 companies, the impact of COVID-19 on security definitions and practices, and the increasing shift towards cloud-based security solutions. Ron also addresses the challenges and opportunities arising from geopolitical changes and migration strategies of multinationals out of China. The conversation touches on the complexities of navigating regulations, the adoption of facial recognition technology, and the importance of being agile and prepared for the future in the security industry.Introduction Welcome readers to an in-depth exploration into the realm of BluOcean Security, a premium security firm reshaping the landscape of security services across Asia Pacific. In this blog post, we delve into an exclusive conversation with Ron Efron, the director at BluOcean Security, shedding light on the company's journey, services, and the evolving dynamics of security in today's interconnected world. The Genesis of BluOcean Security Ron Efron, with a rich history in the security industry dating back to the late nineties, leads the charge at BluOcean Security. Founded in the end of 2018, the company swiftly established itself as a trusted partner for multinational clients seeking top-notch security solutions in the Asia Pacific region. Unraveling BluOcean Security's Offerings BluOcean Security stands out as a physical security systems integrator, specializing in safeguarding clients' assets and facilities through a wide array of security solutions. From electronic security components to comprehensive security consulting, the company caters to clients who prioritize security and compliance with international standards. Navigating Security Risks and Client Needs In the quest for fortified security measures, BluOcean Security collaborates closely with clients, especially Fortune 500 companies with operations spread across Asia Pacific. The company aligns its offerings with the unique security risks and compliance requirements of each client, ensuring a tailored approach to security solutions. Adapting to the Shifting Security Landscape As the world witnesses monumental shifts in how businesses operate post-pandemic, BluOcean Security underscores the significance of staying ahead in the security domain. From remote working challenges to the surge in cloud migration, the company emphasizes the crucial role of evolving security practices to meet the demands of a changing world. Embracing Technological Advancements and Privacy Concerns In the era of emerging technologies like facial recognition and AI, BluOcean Security remains vigilant towards the sensitivities surrounding data collection and privacy. The company navigates the fine balance between leveraging advanced security technologies and respecting privacy boundaries, showcasing a nuanced approach to modern security challenges. Navigating Global Security Standards and Regional Dynamics With a firm foothold in multiple Asian markets, BluOcean Security is adept at tackling diverse security challenges across borders. The company's agility and expertise shine through as they assist clients in navigating the complex web of security standards, compliance regulations, and regional nuances prevalent in the dynamic security landscape. Embracing Growth Opportunities in the Security SectorAs the security sector witnesses continued growth and transformation, BluOcean Security stands poised to embrace new opportunities and expand its footprint across emerging markets. By offering cutting-edge security solutions and unparalleled expertise, the company positions itself as a trusted partner for clients seeking to fortify their security measures in an ever-evolving world. Conclusion In conclusion, BluOcean Security, under the leadership of Ron Efron, exemplifies a beacon of innovation and reliability in the realm of security services. With a commitment to excellence, a keen eye on emerging trends, and a penchant for navigating complex security landscapes, the company continues to carve a niche for itself as a leading security solutions provider in the Asia Pacific region. Stay tuned for more insights and updates from BluOcean Security as they continue to redefine the contours of security in a rapidly changing world. TIMESTAMPS00:00 Introduction to the Episode and Guest00:44 Exploring Blue Ocean Security with Ron Efron02:19 The Core Services and Clientele of BluOcean Security06:31 Adapting to Security Needs in the COVID-19 Era09:22 The Shift Towards Cloud-Based Security Solutions13:43 Navigating Data Security and Compliance Challenges18:59 Emerging Technologies and Privacy Concerns25:49 Global Trends and the China Plus One Strategy30:41 Closing Remarks and Contact Information TRANSCRIPTArt Dicker: Welcome, everybody, to another episode of The Asia Business Podcast. I'm your host, Art Dicker. Art Dicker: Today, we have the wonderful pleasure of having Ron Efron join us. Ron is the Director at Blue Ocean Security, a premium security firm offering comprehensive services including security consulting, systems integration, and security management to multinational clients throughout the Asia Pacific. Art Dicker: Ron, welcome. Ron Efron: Thank you, Art. It's good to be here. Art Dicker: Yeah, and you have a podcast of your own, which we'll give you a chance to talk about in a minute and tell us a little bit about. For the audience, what Blue Ocean Security does, what it's about, and you're relatively new, but I know you've grown quickly and had quite a lot of success right off the bat. Art Dicker: So give us a little bit of an intro about the company. Ron Efron: Sure. Blue Ocean Security is what you would call a physical security systems integrator, and we provide services that revolve around that. So what it basically means is that when you walk into a building today, you'll see electronic security components such as cameras, turnstiles, or various access locks to doors. We're essentially protecting the perimeter, the facilities, and access to those facilities in various ways. That's what we're doing for multinational clients in Asia Pacific. To be more specific, we focus on clients that take their security seriously. Not all companies prioritize security, and we specialize in those that do. We serve clients with facilities across the Pacific, and we've been quite successful at that. Blue Ocean is relatively new. We started at the end of 2018. Personally, I've been in this business since the late nineties, started my first business in Beijing, and grew that business across Asia Pacific. I sold that and exited in 2015. Then we started Blue Ocean Security with a group of my ex-employees, and myself. We decided to get back into the business because we saw that there were still opportunities. So, we got the band back together, so to speak. Art Dicker: Yeah, and like I said, you've done very well and you've expanded rapidly to different locations throughout the region. Can you, now that you've given us a nice introduction of what the company does, what are clients looking for when they're coming to you? At a high level, can you walk us through some of those chief security risks? You mentioned physical security and stuff like that, but what's often a trigger point when a client comes to you? What's usually the first thing that they're worried about? Ron Efron: First of all, we focus a lot on multinationals, primarily Fortune 500 companies that have operations around Asia Pacific. For most of these companies, they not only have concerns about security, but they also have certain standards they need to comply with—internal standards or otherwise. They generally know what their needs are and they need to tailor-make those needs to the facilities in different countries. So, they take a standard that may have originated in North America or Europe and adapt it to comply with the standards in New Delhi, Jakarta, or China. Maintaining an international level of expertise and service across Asia Pacific is really our specialty. Additionally, we merge those local risks into the design. When we start working with a client, they'll come to us with a new facility. We'll work with them to do a full design and list of equipment needed, then procure the various components and move on to installation, programming, and commissioning. Every project is different, and risks and needs vary as well. Art Dicker: How do you handle cases like the ones where, let's put it amusingly, cameras need to survive explosions? Do you ever encounter such non-routine requests and wonder where to find such specialized equipment?Art Dicker: Are you tapping into a similar set of suppliers and vendors you usually work with, or do you sometimes need to find very specialized ones, like in that example?Ron Efron: Yeah, we've been in the business for a long time, so we know where to find that. Occasionally, we have to resort to custom-made solutions. But even then, we work with suppliers who can meet the required standards. Take, for instance, explosion-proof housing for cameras. That's a very unique product type that needs to comply with specific standards. There are various levels of explosion protection, similar to bulletproof glass, with standards dictating thickness and capability.Art Dicker: We talked about this before recording, but as with any business, COVID has changed things. One of the most obvious examples is remote and hybrid working, but other aspects have been affected too, including supply chains. How has COVID impacted your industry, particularly regarding the multinational clients you serve? What changes have been most notable?Ron Efron: COVID has significantly broadened the definition of security, encompassing issues such as pandemics and business continuity planning. It's raised questions about the responsibility for employee safety when they're working remotely. Also, concerns emerged about safeguarding data when employees are working from home, ensuring the same level of security as in-office setups. There's also a growing trend around employee well-being intersecting with security. Security departments are now collaborating more closely with HR, legal, and cybersecurity teams, even occupying a seat at the C-suite table to advise on navigating this new landscape.Art Dicker: You mentioned some of the data and security aspects. Obviously, there's been a huge trend, speaking of COVID, changing the way we work and so forth. There's been a huge trend towards migrating everything to the cloud. Is that something that you've been dealing with as well with your customers and some of the security challenges there?Ron Efron: For sure. Yeah, and we can talk for hours just about this subject alone. Yes, and it is the normal evolution of technology. If you think about it on the IT side, there's already been a lot of migration to the cloud. A lot of the tools we use everything from Microsoft Office to Teams or your ERP system, be it Salesforce or NetSuite or anything else, it's already on the cloud. Security being a bit more conservative, it's just taking them longer to adapt to a lot of those cloud technologies. And that's normal. We've seen it also in the past when there is a change between analog video to digital video back in the early 2000s, for example, there's the same kind of transition process. With the cloud, a lot of it really comes down to people's perception that it is perceived to be less secure than having everything hardwired in your facility. And in most cases, that's just a perception and in most cases, that's not true. So you have to deal with that. And there's a lot of education around that as well, but we're seeing a lot of trends of companies moving more and more into the cloud. It's starting with smaller companies and slowly being adopted by those larger multinationals as well. And there's no way around that. You cannot not make that move to the cloud. We also see some real challenges, for example, like in China with the great firewall and how companies deal with that sometimes, and there's ways to deal with that, but that trend is here and it's pretty much here to stay and we embrace it. We are always recommending it or at least components or parts of security to be more cloud-based. And basically what this means is that companies can avoid having a server on their premise. Server is actually in Azure or AWS and Amazon or some other cloud facility. And another part of it is the database is maintained on the cloud. And in many cases, video is being more and more recorded and stored on the cloud as well. That's where you're seeing that.Art Dicker: Which I guess from what I'm hearing, it's all much more secure and actually than anything that server is sitting in the office is actually, it's actually a prime liability or vulnerability.Ron Efron: Exactly. So if you're a medium-sized company there's pretty much no way that your cybersecurity is a higher level than Amazon and AWS or Microsoft Azure. Or the amount of money they spend on security on their data centers. The physical security around data centers and their cybersecurity around data centers and all the tests and penetration tests and everything to do around that. There's really no way most companies can have that same level of security. And then it comes down to people engineering, right? So people try to get through that through other ways like phishing scams otherwise you can't get you. You're right. So you can't the degree of cybersecurity will never be at the same level. Therefore, and then you need to, so it is worth it to move down to the cloud from that point of view, actually more secure in many cases. It's also cheaper. And it's just becoming more and more cheaper but there's other things around cybersecurity that you can be more worried about and concerned about, and that's more around the human elements.Art Dicker: Yeah, you mentioned though that, that, it started that trend of the cloud started with small companies and that really was, AWS, right? That was why should I pay for, you pay what you use as far as software licenses and. And storage and computing power and so forth. Interesting that and I imagine security, right? People probably were educated and recognize that, um, and speaking of security, cybersecurity and data security are obviously very important and as the kind of the value of data increases what it can be used for and so forth. How has the importance of data to a company increased the demands for your business from a security perspective?Ron Efron: It depends on the company in many cases as well. So some companies, they take their data, they're more data-centric, they take that more seriously than other companies, but there are two trends here. One is the general security trend where we're seeing more and more hacking and ransomware attacks and other types of phishing attacks, which are real practical risks that companies of all sizes have to deal with on a day-to-day basis. You also have an increase in regulations and compliance needs that companies also need to be increasingly complying with. And in your world as known on the law side, on the legal side of things, we're seeing that pretty much every country in the world, everything from Europe's GDPR to China's PIPL. And so you have to have certain measures in place that have some basic safeguarding of data. So even if you're not worried about it too much, there's an increasing need to be compliant with those regulations. A third part is that if you're working with other companies that take their data seriously, if you have any contractual relationship with them, you'll likely see more and more increased incidents where there are cyber-related clauses in your contract, things that you need to do and insurance that you need to buy, and it's not cheap to have an extra layer of security there so those are all multiple forces that are pushing people to take this issue more seriously.Art Dicker: I do. And I see that in contracts. You're absolutely right and whether it's a rep and warranty or specifically calling out sys, standards that need to be met or requirements for reliability and both from the server being up and standpoint and so forth. And that's the world we live in. And maybe 10 years ago, people didn't pay nearly as much attention to it, but they do. And I wanted to I wonder in your world, how much you have to stay on top of that, right? Even maybe even thinking a step ahead, right? Regulations coming out that are starting to slowly come out, for example, on artificial intelligence or obviously, for the longest time we saw in China that, we, the legal world goes to China doesn't have a comprehensive data, data privacy law. Now it does. And we saw it coming. So I imagine that's probably a big part of what you're, you don't want to be reacting to a trend right on the regular regulatory side. So how much do you have to stay on top of that, see regulations coming out and say, Oh, that's a compliance challenge that they're gonna have to come to us for. Right.Ron Efron: Look, it's just smart business, to be honest, we want to be. Within our organization, we have people that are constantly looking at the future in terms of trends and technology. So that's one side of things like what's evolving around technology. What are things going to look like in the future? How can we be a better consultant to our customers where we're offering them a system that's. What we try to say future-proof that it won't be obsolete in a couple of years and have to buy a new one. So that's one side. The other side is, of course, the regulation side. It's not just the regulations around data, but it's also other types of regulation that any business would be interested in. But of course, we want to understand that and then be ready for the other side to your question is that it helps us to be more ready when we're being pulled in that direction by our customers as well. So when a customer comes to us and says, Hey, we're worried about this. We don't want to start stumbling over ourselves to try to answer that. We want to be ready with an answer. I said no, this is what we're seeing. This is what some of our other customers are doing that is some of our partners are are telling us, for example, in China, around the PIPL, we do have some existing relationships with some law firms that specialize in this as well, that we can refer clients to if we need to work with them together, to be honest, a lot of our larger customers, they have large legal teams in place and what we do is we help educate the security teams around that so that they are being able to work better with their internal legal departments. And when they need to put something together, that they're better prepared for that. So for example, in the security world, if you have a global database of your employees and you're, that's moving digitally between China and other countries, there are certain legal processes that you need to go through now in China with their new with their new privacy laws. So that's something that we can try to help adapt the system to better suit their needs in their specific situation.Art Dicker: And speaking of it, it certainly touches on China to some extent, but not exclusively to China. Are there sensitivities speaking of sort of personal data, one of those personal data is facial recognition, right? At least indirectly. Are there any sensitivities you've encountered with this or other emerging technologies where you're it may for your clients? And I imagine it's a sensitive issue, not just for you, but for your clients as well, where it might enhance these things from a security perspective. But again, you have to be cognizant of sensitivities around some of the data you're collecting and your system is collecting, right?Ron Efron: Yes, for sure. And again, different companies have different cultures and different backgrounds and different ways of dealing with that. Excuse me. So for example, European countries and companies are going to be more sensitive to such issues, whereas Asian companies might be less sensitive to that just culturally. And the U.S. is somewhere in the middle. We have some international schools as clients that are also very worried about that, and there are various ways of dealing with that. So the facial recognition technology is not necessarily keeping your record of people's faces. It keeps other signatures. So there are other ways to deal with that and be sensitive to people's privacy and all that. But in terms of adoption and in terms of perception, that it really comes down to those their home culture biases. In many ways, but it's, that's not the only type of technology that's out there, but it is becoming more and more widespread. Another thing is that it's not cheap. It's actually quite expensive to have facial recognition. So that's also another inhibitor to its widespread adoption, but it's just one more technology out there. Like here in Asia and Singapore, for example, the airport is full of it. You, every gate that you pass, every inspection point is done with facial recognition today. It's not done with people looking at your passport and your. You're seeing it more and more in office buildings as well. That being said, in China, it is pretty much everywhere. Oh yeah. So every visitor management system, if you go into a building and you're visiting a client or a supplier, you're going to go through a process where they scan your passport, they take a photo of you and everything, and then to get into the actual elevator bank, you have to pass through a turnstile that's probably looking at your face. And it captures that. For Chinese citizens, it's even a step more where it's all linked to their Alipay accounts and sometimes they can do a transaction just by looking into a camera without even using their phone at all, which is pretty scary.Art Dicker: You beat me to it, butRon Efron: what we are seeing though, is that some of these technologies that are in China are evolving within China and not outside of China, even to a point that we, once we approached a Chinese facial recognition product company, and they told us straight out that they're not selling outside of China, that they're just, there's not doing that market.Ron Efron: Yeah.Art Dicker: It's big enough market in China, for that anyway but yeah, maybe I can see why not.Ron Efron: That is true, but I am worried that longer term, there might be dual standards in the world. There's going to be a China standard and a global standard for various things, not just security, you see it also, there might be on communication network protocols. There might be other aspects that the China, Chinese government are going to try to have their own for various reasons.Art Dicker: Does that present a challenge for your clients? Having to be on both sides of the Great Firewall, for example, and having dual standards for things?Ron Efron: It hasn't got to the point where you need to, at the protocol level, that things are different.Ron Efron: No, I haven't seen that yet. But I think at a larger global geopolitical element, China is trying to be more of an influencer on global standards. And, due to their size, they, you can understand that, most of our customers, they're trying to be compliant with like international norms.Ron Efron: So a way you might have seen this in news recently were in the past where some CCTV products were banned in the U.S. government, at least. So that has trickled down to some companies as well. And we're not trying to push that one way or the other. If a client comes to us and says they don't want, they want to exclude certain brands from their design, that's okay. And others, that's not an issue for them. They want to see all the options. So we cater to them and based on their needs.Art Dicker: That begs the question. And to, to what extent. Obviously, because so much so many things are manufactured in China, right? What extent.Art Dicker: I'll use that extreme example, in here, and I'm sure you caught this in the port up in Long Beach. They're talking about tearing down the cranes system that I think it's a real story because of this perceived security risk with the, the operating system, essentially, for the cranes is the part or all the cranes are made in China, including that operating system, and that's seen as a national security risk.Art Dicker: So they're thinking of ripping out the cranes and replacing them with American made cranes. I don't know if America even makes those kinds of cranes for docking and transporting the things on and offshore. But that's an example of where Chinese hardware, right? Or, and I guess software as well is. is seen as less trustworthy.Art Dicker: Has that been an issue with your, with any of your clients so far?Ron Efron: Only for those specific brands that have been added to that formal list of products, that's really to the extent of it. Other than that, if a product is owned by an American company, but made in China like an Apple phone, for example,Art Dicker: we don't really see.Art Dicker: Everything is made in China, right?Ron Efron: That is changing to, to, to a degree but yes that, that's less of a concern than it just comes down to that brand and their reputation and all that. Yeah, what you touched on, who knows if that's, it could be true, is it based on true security risk or not, that might be a different question.Ron Efron: There are certain things that, it's, would be legitimate for governments to be worried about. And there are certain things that it might, there might be other interests involved, paranoiaArt Dicker: there, yeah.Ron Efron: Or other business interests, maybe there's a local crane company that that's, a benefit to getArt Dicker: that business.Art Dicker: That's hard.Ron Efron: It's harder to unpack.Art Dicker: Yeah, that's fair. Yeah. Who has lots of motivations, potentially. Um, speaking of China, and I wanted to, This is a big question, so I wanted to, to. To end on this 1 I imagine you've got a team working with a lot of multinational companies in China, but as we all know, when we talked in this podcast before there's a bit of a migration or a de risking.Art Dicker: From China. It's been there for a while. The whole China plus one strategy. But that seems to be accelerating quite a bit in the last few years, especially coming out of COVID going to Vietnam or elsewhere, especially in, those other countries where you're operating. And I wonder to what extent you're continuing to work with those clients as they move and help them with that planning from a security perspective.Art Dicker: How has that trend impacted you and your business and how you're serving your clients?Ron Efron: So the trend is definitely clear out of all the countries who work within Asia. We're seeing the least amount of growth actually in China and a lot more activity in countries like Vietnam, like the Philippines, like India, for sure.Ron Efron: Even here in Singapore and even in Japan, which kind of surprised me last year. Yeah. It's understandable due to the geopolitical sort of wins that are happening and COVID a lot of boardrooms around the world are saying, wait, we don't want to have all our eggs in one basket. We need to have some contingencies in place.Ron Efron: What if something happens again? What can we do? So due to that, you're seeing strategies where the supply chains are less centralized, in China, and it is a bit more thinking going on. On top of that, you also have their own domestic markets in Asia, also in high growth mode. So India obviously is the big, the bigger one, but Vietnam, the Philippines Indonesia, all of these are potential new markets as well for consumers, not only to manufacture, but also to sell.Ron Efron: And for example, with Apple. Not only are they starting to make phones in India, but they just opened their first Apple store in India. So if that trends continue, there'll be a lot more growth there as well. And that's also due to the government in India have changed some of their regulations around retail laws.Ron Efron: And they're a bit more pro business, or business friendly compared to the past. But the bottom line is for us, that just means more opportunities. Yeah. So companies are growing, building more facilities, building more factories around the region. And that's business that we like to help our customers with in terms of challenges.Ron Efron: It's what we know from the past that we know how to operate in Asia. So it's the normal challenges of building your capacity, hiring good people, making sure they know, how to do their job well and having all the infrastructure in place so that you can grow with your customers. The challenge that actually becomes a challenge.Ron Efron: And it's much harder than you think, like doing a project or simultaneously doing projects in Tokyo, Sydney, Jakarta, and in Bangalore is not that easy. And because you're dealing with very different environments, very different people and different challenges, but that's, No, that's what we know. And that's what we we're pretty good at actually.Art Dicker: I was going to say, that's probably, that's gotta be your advantage, right? That you can seamlessly work across different geographies like that. That's gotta be a selling point for you and a competitive advantage for you guys.Ron Efron: For sure. And then our largest competitor in this space is is my old company.Art Dicker: Yeah. So you've got, But, and I imagine too, you're also quite, you know, you're easy to open up in new markets and it's because you're, you're a private company, right? You're young in your DNA, right? You're experienced in your, in the management team, but as a company, you're young in your DNA.Art Dicker: So you're probably more, more nimble, right? I guess is what I should say.Ron Efron: I would hope so. And the fact that COVID started pretty much after, when we started our company, we were, even when we started, we had, we envisioned that would be more spread out and take advantage of the newer technologies at the time to be able to work across a region in a very efficient way.Ron Efron: And then COVID came, it just really forced that even faster upon everybody, but we were ready for that in some way. And that helped us. To even sharpen our skills further. So that we ended up coming out stronger from that. I think,Art Dicker: yeah, no, I can tell. And and I think the audits can tell just listening to you that, that, that.Art Dicker: That you're that's a challenge that's actually been good for your business and you've met that challenge. Oh, Ron if people listening in the audience want to reach out to you for maybe they have they're at a multinational company and they're looking, they're going to a new country like India, Indonesia, or one of these other markets that you're in, how is the best way for them to reach out to you, LinkedIn or another way or the website or, What's the best way?Ron Efron: Sure. Our company website is blueoceanssecurity.com. Blue is B L U, ocean security. And you can find my LinkedIn as well. And I'm sure you can add a email in your show notes. Yep,Art Dicker: absolutely. FeelRon Efron: free to reach out to me. It's funny, we just when we came up with our name today, when you're starting new companies or new domain names It's getting harder and harder.Ron Efron: Yeah. You have to drop valve. It does getArt Dicker: harder. Yeah. But I like it. It's a little more,Ron Efron: unique.Art Dicker: It's a little, it not edgy, but it's, it's a little more unique. But you have to be unique, as you said, to for these days. Registering company or a, or website. It's aRon Efron: bit.Ron Efron: It's a bit play on the words of that book, The Blue Origin Strategy, where we're trying to not work in a very competitive environment, but come up with products and services that, you we're not competing directly on with competitors. And that's part of the vision there.Art Dicker: Okay. Hey, Ron, it was a real treat to have you on and and I'm sure the audience will love listening to this.Art Dicker: It's a topic that I think is not talked about enough. And so that was definitely a reason why we had to do this episode. I thank you, want to thank you for joining us and I'm sure the audience got a lot out of this. Thanks Ron for coming on.Ron Efron: Thank you https://www.asiabusinesspod.com/

Drop 1: BlackRock and Securitize partner to launch regulated tokenized fundhttps://www.coindesk.com/policy/2024/03/19/blackrock-creates-tokenized-asset-fund-sec-filing-shows/Drop 2: StanChar stablecoins for cross border paymentshttps://www.ledgerinsights.com/standard-chartered-zodia-markets-stablecoins-corporate-cross-border-payments/Drop 3: Alipay Loyalty on Avalanchehttps://www.ledgerinsights.com/alipay-trialing-web3-discount-program-with-avalanche-blockchain/ More: CoinLedger partners with Metamask to simplify tax reportinghttps://www.prnewswire.com/news-releases/coinledger-announces-partnership-with-metamask-to-simplify-tax-reporting-for-users-302090033.htmlPolymesh launches private permissioned implementation https://www.businesswire.com/news/home/20240318946952/en/Polymesh-Association-unveils-Polymesh-Private-a-private-permissioned-blockchain-for-financial-institutions-embarking-on-tokenizationBitso Business Chosen By Chile's Andean Wide for Cross-Border Paymentshttps://www.crowdfundinsider.com/2024/03/222811-cross-border-payments-bitso-business-chosen-by-chiles-andean-wide/EU to ban anonymous crypto transactions through self custodial walletshttps://cointelegraph.com/news/eu-enacts-ban-on-anonymous-crypto-transactions-via-self-custody-wallets . Redes sociais / comunicação.. Instagram.com/blockdropspodcast.. Twitter.com/blockdropspod.. Blockdrops.lens .. https://warpcast.com/mauriciomagaldi.. youtube.com/@BlockDropsPodcast.. Meu conteúdo em inglês twitter.com/0xmauricio.. Newsletter do linkedin https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7056680685142454272.. blockdropspodcast@gmail.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/blockdropspodcast/message

Drop 1: BlackRock and Securitize partner to launch regulated tokenized fundhttps://www.coindesk.com/policy/2024/03/19/blackrock-creates-tokenized-asset-fund-sec-filing-shows/Drop 2: StanChar stablecoins for cross border paymentshttps://www.ledgerinsights.com/standard-chartered-zodia-markets-stablecoins-corporate-cross-border-payments/Drop 3: Alipay Loyalty on Avalanchehttps://www.ledgerinsights.com/alipay-trialing-web3-discount-program-with-avalanche-blockchain/ More: CoinLedger partners with Metamask to simplify tax reportinghttps://www.prnewswire.com/news-releases/coinledger-announces-partnership-with-metamask-to-simplify-tax-reporting-for-users-302090033.htmlPolymesh launches private permissioned implementation https://www.businesswire.com/news/home/20240318946952/en/Polymesh-Association-unveils-Polymesh-Private-a-private-permissioned-blockchain-for-financial-institutions-embarking-on-tokenizationBitso Business Chosen By Chile's Andean Wide for Cross-Border Paymentshttps://www.crowdfundinsider.com/2024/03/222811-cross-border-payments-bitso-business-chosen-by-chiles-andean-wide/EU to ban anonymous crypto transactions through self custodial walletshttps://cointelegraph.com/news/eu-enacts-ban-on-anonymous-crypto-transactions-via-self-custody-wallets . Redes sociais / comunicação.. Instagram.com/blockdropspodcast.. Twitter.com/blockdropspod.. Blockdrops.lens .. https://warpcast.com/mauriciomagaldi.. youtube.com/@BlockDropsPodcast.. Meu conteúdo em inglês twitter.com/0xmauricio.. Newsletter do linkedin https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7056680685142454272.. blockdropspodcast@gmail.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/blockdropspodcast/message

Lex chats with Rachel Lin, the Co-Founder & CEO of SynFutures, a decentralized derivatives trading platform. Lin discusses her background in traditional finance and her transition into the fintech and cryptocurrency industry. She explains her experience working in structured derivative sales and trading at Deutsche Bank, where she interacted with clients such as hedge funds and corporates who used derivatives for speculative purposes, hedging, and arbitrage. Lin then moved to fintech company Alipay, where she learned about blockchain technology and became interested in the potential of decentralized finance. She later joined Matrixport, a centralized platform, before starting her own decentralized derivatives platform, SynFutures. Lin explains that decentralized platforms offer transparency and the ability for anyone to become a market maker or service provider, while centralized platforms require more configuration and rely on market makers. She also discusses the growth potential of decentralized derivatives and the current dominance of speculation in the crypto derivatives market. Lin believes that as digital economies grow, the usage of blockchain and derivatives for economic purposes will also increase.  MENTIONED IN THE CONVERSATION SynFuture's Website: https://bit.ly/3OCDRaa Topics: crypto, digital assets,  investment, blockchain, AMM, DeFi, CeFi, Liquidity, hedging, arbitrage, derivatives, perps, synthetic Companies: Synfutures, Alipay, Matrixport, DYDX, GMX, Synthetix, Deutsche Bank, Uniswap ABOUT THE FINTECH BLUEPRINT 

One of China's biggest tech firms, the company that runs the mobile payment service Alipay has been hit with a massive fine of almost a billion dollars. But many believe this could this mark the end of a long government crackdown which led to Ant Group and Alibaba founder Jack Ma stepping down. Also tonight, Roger Hearing finds out why Ford is retiring its iconic Fiesta brand. Picture: the Alipay logo at the 2023 World Artificial Intelligence Conference in Shanghai, China, credit CFOTO/Future Publishing via Getty Images