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New Cinebeam Laser 4K Projector From LG With Ultra Short Throw Technology Debuts At CES 2019

Vlad Poptamas

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LG Electronics (LG) is set to unveil its second-generation CineBeam Laser 4K projector (model HU85L) with Ultra Short Throw (UST) technology at CES™ 2019.
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LG’s Latest CineBeam Offers Astonishing Image Quality, Ultimate Convenience and AI Technology for a Superior Viewing Experience

LG Electronics (LG) is set to unveil its second-generation CineBeam Laser 4K projector (model HU85L) with Ultra Short Throw (UST) technology at CES™ 2019. This CES 2019 Innovation Award winner builds upon the success of LG’s first 4K projector (model HU80K) and continues to stand out from the crowd with its minimal space requirement and compact design that can project stunningly sharp 4K images on practically any flat surface – a wall, floor or ceiling.

With UST technology, LG CineBeam Laser 4K can be placed a little more than 2 inches from the wall to project a 90-inch diagonal image. Placed 7 inches away, the projector produces a much larger and still bright 120-inch image. Simple and efficient to set up, the space-friendly unit provides stunning viewing experiences on a truly cinematic scale.

Delivering 2,500 ANSI lumens and 4K UHD resolution, LG CineBeam Laser 4K ensures exceptionally bright and clear images and superb black level, enhancing the viewer’s sense of immersion. LG model HU85L can reproduce highly accurate colors courtesy of its wide color gamut, which further increases the realism of every picture displayed.

Extremely compact, the projector can be easily moved and adjusted for any environment, saving time in order to get right down to the business of viewing. The LG CineBeam Laser 4K is smaller than other leading 4K projectors and has a subtle design that won’t distract or interfere with the viewing experience – and makes the LG HU85L an attractive addition to any space. The advanced projector offers enhanced visual accuracy with a 12-point keystone adjustment feature, eliminating the image distortion that often affects other UST projectors. LG 4K UHD projector owners will have no shortage of content to watch, as the projector’s webOS 4.5 function offers convenient access to Netflix, Hulu and other 4K streaming services. The device comes equipped with standard connectivity options for USB, Ethernet and HDMI ports, as well as wireless support for external devices such as a keyboard and mouse, offering endless access to high-quality content.

The LG CineBeam Laser 4K brings maximum user convenience through the inclusion of AI technology*which enables customers to use voice commands to access the natural language processing capabilities of LG’s AI solution, ThinQ. Viewers can control the operation of the projector by saying, “turn off projector after the movie has finished” or narrow the content to view by telling the projector to “play yoga videos on YouTube”. Viewers can access a list of movies starring their favorite actors then select the content by speaking into the included Magic Remote. The Magic Remote also recognizes gestures and features backlit buttons for easy navigation which turn on automatically when motion is detected.

“The new CineBeam Laser projector marries spectacular 4K viewing experience with the convenience of AI technology,” said Jang Ik-hwan, head of LG’s IT business division. “There is no other product like this on the market, illustrating how LG continues to deliver unique value to consumers.”

Visitors to CES can see LG’s award-winning CineBeam Laser 4K for themselves at the LG booth (#11100) located in the Central Hall of the Las Vegas Convention Center from January 8-11.

For additional CES news, visit ces2019.lgusnewsroom.com.

* Not available in all markets.

Editor - With a passion photo photography, webdesign and content, it made sense for me to also integrate news editing and press release publishing. I am also passionate about the car industry, so you will surely find some exciting news reporting from my side about the automotive industry.

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Awards

Qatar Science & Technology Park Awards Young ‘Techpreneurs’ at Finale of the Arab Innovation Academy

Betty Tűndik

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Yosouf Abdulrahman Saleh, Executive Director, QSTP, and Alar Kolk, President, EIA, with the winning teams of the second edition of the Arab Innovation Academy in Doha. (Qatar Science & Technology Park)
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The second edition of the Arab Innovation Academy (AIA), a collaboration between Qatar Science & Technology Park (QSTP) – part of Qatar Foundation Research, Development and Innovation (QF RDI) – and the European Innovation Academy (EIA), concluded with a grand pitching and graduation ceremony at QSTP on Tuesday, January 15.

AIA is the first and largest entrepreneurship program in the region, aimed at equipping entrepreneurs in Qatar, the MENA region, and the global community with the skillset to build their start-up in just 10 days. The accelerated mode of experiential learning introduced participants to cutting-edge methods and tools in entrepreneurship, from team formation and idea creation to pitching to venture capitalists and angel investors. During the competition, participants developed and launched new tech ventures in a real marketplace, with genuine customer feedback.

The program, which began on January 2, brought together world-renowned technology collaborators; more than 160 participants selected from a pool of over 900 applicants; 25 speakers; and 37 mentors and investors, representing 30 different nationalities. The second edition of AIA also witnessed even greater participation in the program from Arab women.

Commenting on the success of the event, Yosouf Abdulrahman Saleh, Executive Director, QSTP, said: “I’m very proud of what we’ve achieved in the second edition of AIA, with the majority of the teams completing their projects throughout their journey with us.

“Arab Innovation Academy is one of QSTP’s flagship initiatives, by which we follow through on our commitment to support tech-based entrepreneurship ventures in Qatar – through incubation, funding, training, mentorship, and connections to regional and global tech innovation ecosystems. We believe that this program contributes enormously to expanding the economic diversity of Qatar, and in developing its human capital.

“We look forward to educating the public and raising further awareness about the substantial benefits of the AIA program, while encouraging greater participation from the youth of Qatar and the region in our third edition of AIA next year.

Alar Kolk, President, EIA, said: “All of us at the Arab Innovation Academy are proud to have run the second edition of the program, in cooperation with QSTP and Qatar Foundation. This year, we have welcomed a record number of participants from all corners of the MENA region.

“Here, students develop the skills and confidence needed to develop start-ups from scratch, and learn to create unique value in the world of entrepreneurship and innovation.

“This unique, world-changing program is only possible through the vision and leadership of Qatar Foundation and QSTP. Our collaboration promises to empower young people to further the development of essential skills needed to transform the long-term prospects of the region.”

The start-up ideas produced by the participating teams addressed many global problems – from retaining children’s interest in reading and re-utilizing industrial wastes, to simplifying the search for blood donors – and spanned several industries, including health, education, construction, real estate, and tourism.

Two days before the graduation ceremony, the techpreneurs presented their start-up ideas to other participants, mentors, and visitors in a public Startup Expo, answering questions about their products, services, and business concepts. The expo served as a dry run for the teams ahead of the final grand pitching day, where the top 10 teams presented their start-up ideas to investors, received valuable input from the attendees, and were directed toward areas where their business concepts should be further developed.

AIA 2019 first place winner was team ‘Salamat-e’, who developed a mobile app that serves as a ‘health passport’. The app is connected to GPS, and contains information about epidemic diseases in the region of a particular travel destination, as well as prevention methods and necessary vaccinations. The team is composed of Bashar Shawar from Palestine Polytechnic University; Chaimae El Mahdaoui from Mohammed VI University of Health Sciences, Morocco; Polina Ladchenko from Higher School of Economics, Russia; Tareq Osman Babiker from Al Neelain University, Sudan; and Yafa Abd AlRahim from Birzeit University, Palestine.

The second place award went to team ‘Fly Stories’, who created a platform that provides children with an interactive reading experience, and authors with an outlet to publish their stories. Members of the team include Aboubakr Aqle, Ghadeer Abuoda, and Omer Abad from Hamad Bin Khalifa University, a member of Qatar Foundation, Qatar; Jalila Rashid Al Sharqi from Sultan Qaboos University, Oman; and Tasneem Ismail from Doha Institute for Graduate Studies, Qatar.

Teams ‘EyeTalk’ and ‘WheelsOnClick’ tied in third place. ‘EyeTalk’ presented a concept of a software-hardware system that can help people with disabilities communicate using just their eyes, by blinking. Team members include Abdelkader Keddar and Samia Cherifi from the University of Abou Bakr Belkaïd, Algeria; Abdullah Abdulwakil and Doğukan Aksu from Istanbul University, Turkey; and Shaikha Alsubaey from Qatar University, Qatar.

‘WheelsOnClick’ created a platform that connects owners of underutilized cars with people in need of cars for a short period. The platform follows the popular Airbnb concept, which users can use to look for, or list cars, for rent. Members of the team include Abhimanyu Saini from Indian Institute of Science, India; Fathalrhman Adam from Al Neelain University, Sudan; Garima Natani from Indian Institute of Technology, India; Omaiyma Hilal Alkathiri from Ibri College of Technology, Oman; and Wisal Ahmed Khatir Bakhat from Alzaiem Alazhari University, Sudan.

Speaking about her AIA experience, winning team member Mahdaoui said: “This opportunity is a life-changing experience for us. It was amazing to meet mentors and people who will support and work with us.

“Even if we just met each other, our harmony was amazing, and I think it’s what helped us win first place. We are now a team of entrepreneurs who will work on one project, develop, grow it, and make an impact in our respective countries.”

One of the investors, Sander van der Blonk, Venture Partner at Heywood & Sons, commented: “I have great respect for the people who came here as individuals and, after two weeks, came out as members of a team, and have thought through some very interesting and difficult issues, developing solutions and cultivating the beginnings of a start-up. I think the presentations that they gave were fascinating and, if this is what these teams are capable of, then this region has seen nothing yet. There’s much more to expect for the future.”

Mentors also expressed gratitude for the opportunity to participate in AIA. Ali Al Sahli, a Senior Assistant Engineer involved in software development at Qatar Petroleum, said: “I enjoyed interacting with the participants, from different backgrounds and with different ideologies. The chance to help them improve and seeing their progress were very rewarding.”

For more information about the Arab Innovation Academy and a complete list of winners, please visit: aia.inacademy.eu.

 

 

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Banking/Financial Services

Wirecard Issues Multi-currency Visa Cards for United Money, Leading Currency Exchange Company in China

Vlad Poptamas

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Photo source: yallacompare.com
Reading Time: 2 minutes

 

– United Money manages around 100 exchange offices in major airports, business districts and upscale communities in China and is serving millions of Chinese consumers with the new solution

Wirecard, the global innovation leader for digital financial technology, has partnered with United Money, one of China’slargest currency exchange companies, to digitize payment processes and offer multi-currency Visa travel cards. The so-called Travel Cashcard is an ideal alternative to traveler’s checks and cash. Wirecard’s solution for United Money targets Chinese nationals who plan to travel abroad and are seeking a widely-accepted and convenient payment method, which can be managed via an online account. Currently, United Money manages close to 100 exchange offices in major airports, business districts and upscale communities nationwide and serves millions of consumers.

Jiang Zhongmo, founder of United Money, said “We are delighted to offer our customers a reliable and secure payment solution, which is backed by trusted industry leaders Wirecard and Visa. As experts in the field of foreign currency exchange, we are confident that Wirecard’s digital payment solution will fulfill the expectations of our customers, whether they are first-time or experienced travelers. We welcome this innovative and forward-thinking solution by Wirecard.”

The digital card supports currencies from the most-visited regions of the world: Australia, Hong Kong, Japan, Singapore, the UK, US and Eurozone. Consumers can load the cards before traveling, locking in exchange rates. United Money, one of the first officially recognized currency exchange companies in China, offers additional services in VAT refund processing and banknotes wholesale.

“As a global company at the forefront of digital financial innovation, we understand the barriers that are faced when paying in a foreign currency,” said Grigoriy Kuznetsov, EVP of Global Financial Services at Wirecard. “This is why we are proud of the collaboration with United Money, a market leader in China in the area of currency exchange. We look forward to developing further innovative solutions for United Money.”

“Multi-currency Visa travel cards are a great option for consumers travelling internationally who want a convenient, secure payment alternative to cash,” said Rajiv Ramanathan, Head of Products, Asia Pacific, Visa. “Visa’s role as a global payments network is about creating the right industry standards for people to pay digitally wherever they choose to travel, and we’re proud to work with United Money and Wirecard on this new solution.”

The multi-currency cards allow users to lock in favorable exchange rates before traveling, presenting an attractive opportunity for millions of Chinese travelers currently fulfilled by cash or traveler’s checks. A study by Coresight Research on Chinese outbound tourists found that foreign exchange rate fluctuations, especially unfavorable ones, will affect frequent travelers’ decisions when choosing a destination. By using the Wirecard-issued multi-currency Visa card, travelers can avoid this problem and take advantage of favorable exchange rates instead.

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Banking/Financial Services

VCB Kenya Goes Live With Corporate Banking Solution Powered by i-exceed’s Appzillon

Vlad Poptamas

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Photo source: i-exceed.com
Reading Time: 2 minutes

 

Victoria Commercial Bank (VCB), Kenya has gone live with an Appzillon-based omni-channel corporate banking solution to cater to the ever dynamic needs of their tech savvy corporate clients. VCB selected i-exceed over several other vendors due to its proven expertise in delivering digital banking solutions globally and strong technical capabilities. The application will be made available on mobile, Internet, SMS, and USSD channels.

VCB Kenya wanted a solution to address everyday needs of their clients while being future ready at the same time. Appzillon Digital Banking is a one-stop solution that makes the best use of technology to create delightful banking experiences. It leverages the technical prowess of Appzillon Digital Experience Platform, an award-winning omni-channel low-code application development platform that featured in Gartner’s Magic Quadrant and Forrester’s Wave reports. Appzillon Digital Banking ranked #2 in IBS Intelligence’s Sales League Table 2018 and 2017 for Digital Banking Solutions.

Dr.Yogesh Pattni, CEO at VCB commented, “Since inception, we have always strived to promote a culture of client servicing through the implementation of smart solutions that have been designed based on a comprehensive understanding of our client’s banking needs. We are confident that the corporate digital banking solution from i-exceed will help us in achieving our goals, expand our client base, and meet client expectations. We have used i-exceed’s Appzillon solution for last four months and have seen considerable benefits in our business with usage of the solution. We are extremely pleased to be associated with i-exceed and pleasingly satisfied with the implementation approach of i-exceed and the technical functionalities of the Appzillon based product.”

Joseph John, Managing Director at i-exceed commented, “This is our first omni-channel solution in Kenya and we expect this to open up further opportunities in the region. We have always dedicated our efforts into constantly evolving our product as a leading-edge digital offering that empowers our clients with future ready solutions and helps them stay ahead of the digital race.”

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