Updates from October, 2017 Toggle Comment Threads | Keyboard Shortcuts

  • ChinaTechNews.com Editor 4:12 pm on October 31, 2017 Permalink  

    Hisense’s Net Profit Down 47.39% In First Three Quarters Of 2017 

    China's TV maker Hisense recently published its financial report for the third quarter of 2017 and showed profitability has gone …

    Read the original article: ChinaTechNews.com

     
  • ChinaTechNews.com Editor 9:11 am on October 31, 2017 Permalink  

    Airbnb China Head Resigns 

    Airbnb global vice president and head of China region Ge Hong has reportedly departed the company just four months after …

    Read the original article: ChinaTechNews.com

     
  • ChinaTechNews.com Editor 8:07 am on October 31, 2017 Permalink  

    DMG To Buy China Rights Of Forbes Brand 

    DMG will reportedly reach an agreement to buy the rights of Forbes brand in China, aiming to develop its retail …

    Read the original article: ChinaTechNews.com

     
  • ChinaNewswire.com 2:35 pm on October 30, 2017 Permalink  

    Rutronik supports Team HCB-Rutronik Racing in the Macau GP 




    Hong Kong, China, October 30, 2017 /ChinaNewswire.com/ - Rutronik Elektronische Bauelemente GmbH plans to broaden its business relationships in Asia and become better known in this growth market. To this end, Rutronik will be the main sponsor for Team HCB-Rutronik Racing from Wilferdingen at the FIA Grand Prix in Macau together with its partners Yageo and Vishay. The event will take place from Thursday, 16 November until Sunday, 19 November. Team HCB-Rutronik Racing will also be receiving support from Audi Sport customer racing.

    “Without our powerful partners Yageo, Vishay and Audi Sport customer racing, we would not be able to engage in this degree of commitment in Macau,” says Rutronik CEO Thomas Rudel. As a team, the partners pulled off a real coup: Team HCB-Rutronik Racing’s No. 1 driver behind the wheel of one of the two Audi R8 LMS is none other than the current Formula E world champion Lucas di Grassi. CEO Rudel explains how engaging the Brazilian has a strategic significance that goes beyond the sporting success: “Lucas di Grassi is the Formula E world champion. But he is also an entrepreneur and owner of a company that manufactures innovative e-bikes. Motor sports know-how is one of the ingredients that contributes to the production processes. This means that di Grassi embodies Rutronik’s philosophy as a highly innovative, flexible and dynamic company.”

    Initial exchanges between di Grassi and the distributor have already taken place, and Rutronik is interested in intensifying this cooperation. CEO Rudel can also imagine further cooperation with Roborace, the world’s first driverless motor sports platform of which di Grassi is the CEO. The automotive sector is one of Rutronik’s most important business areas; the electronic component distributor achieves over 40% of its turnover in this area. This means the company can make a correspondingly weighty contribution in terms of its expertise and providing access to the latest components.

    The company intends to use the Macau Grand Prix as a platform for intensifying its business relationships with important partners including co-sponsors Yageo and Vishay, as well as strengthening its profile on the Asian market in general. In 2016, when Rutronik was main sponsor for HCB-Rutronik Racing in Macau for the first time, 87 TV stations and over 900 radio stations from all over the world reported on the GP, not to mention worldwide streaming services and around 400,000 enthusiastic fans at the event itself.

    The world champion‘s optimism

    “For me, Macau is one of the most difficult races in the world,” says Lucas di Grassi. “I have already raced here twice in Formula 3 and am very much looking forward to returning. What interests me especially is getting to know the course as an Audi works driver with a GT vehicle. HCB-Rutronik Racing is a highly professional team, and I think we have a good chance of winning the race. That is definitely my aim. The contact with Rutronik also came via HCB, and I am really looking forward to further cooperation in future.” The second HCBRutronik Racing cockpit will be occupied by Fabian Plentz, as was the case last year. This year, HCB-Rutronik Racing is receiving works support from Audi Sport customer racing.

    Macau as a factor in Rutronik‘s Asia strategy

    The Macau Grand Prix is regarded as being one of the most important motor sport events of the racing year. Since 1954, several Formula 1 drivers have raced in the GP. The winners include Ayrton Senna, Michael and Ralf Schumacher as well as David Coulthard. The GT World Cup in which HCB-Rutronik Racing is taking part has been held since 2008.

    “Asia is a huge growth market for Rutronik, and the Macau Grand Prix is one of the largest motor sport events in the world,” as Markus Krieg, Rutronik’s Managing Director for marketing, points out. “Motor racing has to be able to rely on extremely high-quality electronic components that can cope with the most demanding of situations. So from the entrepreneurial point of view, being present at such a high-profile race represents the perfect opportunity for Rutronik to position itself as a technologically competent and reliable partner for local, regional and global customers.” Currently, Rutronik has three offices in China – in Shanghai, Shenzhen and Chengdu – as well as subsidiaries in Hong Kong, Taiwan, Singapore and Thailand.

    To watch the race live, please follow this link:
    http://www.macau.grandprix.gov.mo/gp/64/home/index.php?lang=en

    About Rutronik (www.rutronik.com)

    Rutronik Elektronische Bauelemente GmbH is the third largest distributor in Europe (European Distribution Report 2016) and the number ten worldwide (SourceToday, May 2017). The broadline distributor supplies semiconductors, passive and electromechanical components as well as boards, storage, displays wireless products. The company's primary target markets are the automotive, medical, industrial, home appliance, energy and lighting industries. The ranges RUTRONIK EMBEDDED, RUTRONIK SMART, RUTRONIK POWER and RUTRONIK AUTOMOTIVE provide customers with specific products and services in groups tailored to the respective applications. Expert technical support for product development and design-in, individual logistics and supply chain management solutions as well as comprehensive services complete its scope of performance.

    The company, founded by Helmut Rudel in 1973 in Ispringen, Germany, now has over 70 subsidiaries in Europe, Asia and the Americas. Rutronik employs more than 1,600 staff worldwide and achieved Group sales of 872 million euros in the fiscal year 2016.

    Source: ChinaNewswire.com

    Read the original article: China Newswire

     
  • ChinaNewswire.com 11:21 am on October 30, 2017 Permalink  

    Ingenico Introduces AI-Powered Zero Fraud Solution 




    Hong Kong, China, October 30, 2017 /ChinaNewswire.com/ - Ingenico Group, the global leader in seamless payment, announced that it has expanded its fraud detection and management capabilities with a new, real time solution that enables merchants to increase revenue by optimizing their acceptance rate and reduce customer churn. The new solution leverages sophisticated Artificial Intelligence (AI) technology developed by the German-Israeli payment security company Fraugster to identify and separate fraudulent transactions from legitimate ones. This enables a new fraud protection insurance model, which means fraud is reduced to zero for merchants. If any fraudulent transactions slip through the solution, the costs are absorbed by Fraugster. As the solution is fully integrated into Ingenico’s platform, adding the fraud solution is simple and only requires one click activation with no additional technical implementation on the side of the merchant.

    As the total global eCommerce market continues to grow, so do the costs associated with online fraud and chargebacks. This is particularly true for international merchants, because cross-border payments have significantly higher risk of fraud than domestic payments do. Increasingly, sophisticated cyber criminals also take advantage of the shift to mobile payments, where fraud losses are higher as percentage of revenue. In addition to monetary losses, online fraud also brings with it the risk of potentially severe reputation damage. Consumers are less inclined to shop at merchants that have been associated with fraud. Yet merchants who implement overly strict fraud rules risk rejecting legitimate customers, leading to further monetary and reputation loss.

    As a global Payment Service Provider, Ingenico not only processes online and mobile payments, but also provides value-added services to further optimize merchants’ financial flow. The new fraud solution offers merchants a choice of two products that each target a side of the risk management coin.

    #8226; The Fraud Free Product: Made for merchants who have a chargeback problem. This product covers CNP losses for merchants who have high chargeback rates.

    #8226; The new Fraud Free+: Made for merchants who have an acceptance rate problem. This product not only covers merchant’s chargeback losses but also increases their acceptance rates and revenue by accepting more good customers.

    Automated risk management and reporting provide transparency as well as instant, detailed feedback on performance – allowing in-house risk teams to focus on other tasks.

    “Fraud is a fact of life for online merchants, but that doesn’t mean they have to just accept it. At Ingenico, we reduce exposure to fraud to a minimum with efficient tooling and expertise,” said Gabriel de Montessus, VP Retail Global Product and Marketing for Ingenico Group. “Artificial Intelligence is the future of fraud prevention, and this solution will help our merchants improve their performance.”

    “This partnership combines Fraugster’s innovative technology and disruptive vision with Ingenico’s experience, global merchant portfolio and ability to execute at scale,” said Max Laemmle, CEO and founder of Fraugster. “Independently, we each have a piece of the puzzle. Together, we will take that next step and reduce online fraud to zero for merchants.”

    To help merchants understand the true cost of fraud and address common questions about the use of AI in fraud prevention strategies, Ingenico and Fraugster developed a comprehensive report that can be downloaded free of charge at https://www.ingenico.com/press/fraugster

    About Ingenico Group
    Ingenico Group (Euronext: FR0000125346 – ING) is the global leader in seamless payment, providing smart, trusted and secure solutions to empower commerce across all channels, in-store, online and mobile. With the world’s largest payment acceptance network, we deliver secure payment solutions with a local, national and international scope. We are the trusted world-class partner for financial institutions and retailers, from small merchants to several of the world’s best known global brands. Our solutions enable merchants to simplify payment and deliver their brand promise.
    www.ingenico.com twitter.com/ingenico

    About Fraugster
    Fraugster Ltd. Is a German-Israeli payment security company leading the future of fraud prevention with Artificial Intelligence. With the vision to create a fraud free world, we have designed and built a proprietary Artificial Intelligence technology that not only eliminates payment fraud but also maximizes revenues for e-commcerce merchants. We have been operating across the globe since 2016 and are currently responsible for tens of billions of dollars for our clients. Our products are used and trusted internationally by leading payment companies.
    www.fraugster.com twitter.com/fraugster

    Source: ChinaNewswire.com

    Read the original article: China Newswire

     
  • Shanghai News 4:26 pm on October 29, 2017 Permalink  

    Chris Froome wint eerste editie Shanghai Criterium 

    Chris Froome heeft de eerste editie van het Shanghai Criterium, ook wel Tour de France Skoda China Criterium, op zijn naam geschreven. De winnaar van de Tour de France en de Vuelta a España was in de Chinese stad de betere van Rigoberto Urán en Warren ...

    Read the original article: shanghai china - BingNieuws

     
  • Shanghai News 4:26 pm on October 29, 2017 Permalink  

    Chris Froome wint eerste editie Shanghai Criterium 

    Chris Froome heeft de eerste editie van het Shanghai Criterium, ook wel Tour de France Skoda China Criterium, op zijn naam geschreven. De winnaar van de Tour de France en de Vuelta a España was in de Chinese stad de betere van Rigoberto Urán en Warren ...

    Read the original article: shanghai china - BingNieuws

     
  • Shanghai News 4:26 pm on October 29, 2017 Permalink  

    Chris Froome wint eerste editie Shanghai Criterium 

    Chris Froome heeft de eerste editie van het Shanghai Criterium, ook wel Tour de France Skoda China Criterium, op zijn naam geschreven. De winnaar van de Tour de France en de Vuelta a España was in de Chinese stad de betere van Rigoberto Urán en Warren ...

    Read the original article: shanghai china - BingNieuws

     
  • Shanghai News 4:26 pm on October 29, 2017 Permalink  

    Chris Froome wint eerste editie Shanghai Criterium 

    Chris Froome heeft de eerste editie van het Shanghai Criterium, ook wel Tour de France Skoda China Criterium, op zijn naam geschreven. De winnaar van de Tour de France en de Vuelta a España was in de Chinese stad de betere van Rigoberto Urán en Warren ...

    Read the original article: shanghai china - BingNieuws

     
  • Shanghai News 4:26 pm on October 29, 2017 Permalink  

    Chris Froome wint eerste editie Shanghai Criterium 

    Chris Froome heeft de eerste editie van het Shanghai Criterium, ook wel Tour de France Skoda China Criterium, op zijn naam geschreven. De winnaar van de Tour de France en de Vuelta a España was in de Chinese stad de betere van Rigoberto Urán en Warren ...

    Read the original article: shanghai china - BingNieuws

     
c
Compose new post
j
Next post/Next comment
k
Previous post/Previous comment
r
Reply
e
Edit
o
Show/Hide comments
t
Go to top
l
Go to login
h
Show/Hide help
shift + esc
Cancel