APAC is gearing up for the next phase of its real-time payments journey as major players seek new growth opportunities, according to the third edition of Prime Time for Real Time 2022, published by ACI Worldwide, in partnership with GlobalData, a data and analytics company, and the Centre for Economics and Business Research (Cebr). The report – tracking real-time payments volumes and growth across 53 countries – includes an economic impact study, providing a broad view of the economic benefits of real-time payments for consumers, businesses and the broader economy across 30 countries.
AP Ventures, Yara Growth Ventures, Shell Ventures, Saudi Aramco Energy Ventures and SINTEF Venture are putting their trust and investment into Hydrogen Mem-Tech (HMT). HMT´s palladium membrane technology separates hydrogen from bio and natural gas. The organisation has developed a technology where clean hydrogen is produced from bio and natural gas, while CO2 and other residual gases are captured to be utilized or sequestered. The HMT palladium membrane technology leverages more than 20 years of research from SINTEF, and it has been extensively tested and piloted over several years.
Global Processing Services (GPS), a global payment technology platform, has announced the hire of Jill Docherty as Director, Global Partnerships. Based in London, Jill sits on GPS’ global executive committee and is responsible for identifying and managing all GPS ecosystem partners, facilitating collaboration to drive innovation and growth for GPS and its customers.
Emission monitoring service and technology company Aeromon announced that it has raised €4.8 million in financing for the development and scaling of its operations. A capital loan from The Finnish Climate Fund is part of the financing package, of which €2.4 million was raised from industrial investor, Vopak Ventures, and the company’s current shareholders.
Motorola Solutions has extended interconnected communications to Kansai International Airport, the fifth major airport in the country to deploy mission-critical communications based on the TETRA standard. Motorola Solutions with its partner, Nippon Airport Radio Services Co. Ltd, deployed the communication system to Kansai, following the successful integration of Narita, Naha, Haneda and Chubu international airports between 2016 and 2019.
After an exclusive negotiation process that began in December 2021, Orolia, a company in positioning, navigation and timing (PNT) and related activities, tech, joins Safran Electronics & Defense, the European and a globally recognized player in inertial navigation systems.
GEM (stock code: 002340), a company listed on the Shenzhen Stock Exchange, announced that on June 22, 2022, that the China Securities Regulatory Commission (CSRC) gave its approval for the company to issue global depository receipts (GDR) and to be listed on the Swiss Exchange (SIX). On July 20, SIX approved GEM to issue GDR and to be listed on the SIX. So far, the path of GEM issuing GDR and going public on the SIX have been unimpeded.
The 870kms of Rail Baltica are divided into several sections across each of the three Baltic countries: Estonia, Latvia, and Lithuania. An ongoing electric rail infrastructure project in the region, Rail Baltica's purpose is to provide sustainable passenger and freight service between participating countries and improve rail connections between central and northern Europe.
MetaProp—the global venture capital firm focused on the PropTech industry—announced plans to accelerate its growth in APAC by appointing Satoshi Murakami as Region Director. Murakami joins the firm after spending the past four years as Director of Corporate Venture Capital group at Sumitomo Corporation, as well as holding various roles in its Real Estate Division, focused on commercial real estate development in the Asia Pacific region.
Thales performed a real-time autonomous drone flight monitoring trial in Hsinchu, Jianshi Township, in the presence of Mr. Wang, Kwo-Tsai, Minister of Transportation and Communications, and key delegations from Taiwan’s Civil Aeronautics Administration (CAA). The trial showcased the Thales ScaleFlyt Remote Identification tracker affixed to a drone, under the monitoring of the Thales TopSky – UAS Traffic Management (UTM) solution.