VDA

Visa’s Growing Services Business Infused with New AI-Powered Products

Retrieved on: 
Wednesday, March 27, 2024

Today, Visa (NYSE:V), a leader in digital payments, announced continued expansion of its global value-added services business with the addition of three new AI-powered risk and fraud prevention solutions.

Key Points: 
  • Today, Visa (NYSE:V), a leader in digital payments, announced continued expansion of its global value-added services business with the addition of three new AI-powered risk and fraud prevention solutions.
  • The new products, part of the end-to-end Visa Protect suite, are designed to reduce fraud across immediate account-to-account and card not present (CNP) payments, as well as transactions both on and off Visa’s network.
  • Visa Protect is part of a broad suite of Visa value-added services that have grown to nearly 200 products, spanning five high-demand categories: Acceptance, Advisory, Issuing, Open Banking, and Risk and Identity.
  • Last year, Visa helped block $40 billion in fraudulent activity, nearly double from the year prior2.

ZAPI GROUP Showcases New Solutions in Material Automation at LogiMAT 2024

Retrieved on: 
Tuesday, March 19, 2024

ZAPI GROUP , a global leader in electrification, announced today it is showcasing its solutions for the material handling and electrification industries at LogiMAT 2024.

Key Points: 
  • ZAPI GROUP , a global leader in electrification, announced today it is showcasing its solutions for the material handling and electrification industries at LogiMAT 2024.
  • At the event, ZAPI GROUP is announcing the expansion of BlueBotics , a ZAPI GROUP company and leader in autonomous navigation technology.
  • "The expansion of BlueBotics is an exciting milestone as ZAPI GROUP continues to grow its capabilities to serve the global AGV and material handling sectors," noted Lloyd Gomm, Global Marketing Director at ZAPI GROUP.
  • To learn more about ZAPI GROUP and its companies, visit them at LogiMAT 2024 (hall 6, stand 6C61).

Godrej Lawkim Motors eyes the European Export market to drive future growth

Retrieved on: 
Wednesday, March 20, 2024

BERLIN, March 20, 2024 /PRNewswire/ -- Godrej & Boyce, the flagship company of the Godrej Group, announced that its business Godrej Lawkim Motors is targeting a revenue of 1000 Cr in the next three years, with 50% of the revenue coming from exports. This growth is being driven by the transition of the global automotive industry towards electric motors, as well as the implementation of zero-carbon emission policies in many European countries. These trends have also contributed to the growth of exports. The business is participating in CoilTech Deutschland to showcase its expertise in precision lamination and components for multiple applications.

Key Points: 
  • This growth is being driven by the transition of the global automotive industry towards electric motors, as well as the implementation of zero-carbon emission policies in many European countries.
  • Godrej Lawkim Motors has a strong footprint in the European markets of Germany, the United Kingdom, Sweden, Slovakia, and the Czech Republic.
  • Xercsis Marker, Executive Vice President & Business Head of Godrej Lawkim Motors, Godrej & Boyce , said, "With the automotive sector in Germany poised for growth, we are strategically positioned to capitalize on this trend and further expand our presence in the European market.
  • With Germany poised for growth in the automotive sector, Godrej Lawkim Motors aims to capitalize on this trend.

EQS-News: LION E-Mobility appoints Dr. Joachim Damasky as new CEO

Retrieved on: 
Tuesday, January 30, 2024

Dr. Damasky, a renowned expert in the automotive industry, is set to lead LION through the upcoming phase of corporate development.

Key Points: 
  • Dr. Damasky, a renowned expert in the automotive industry, is set to lead LION through the upcoming phase of corporate development.
  • Dr. Damasky brings a wealth of experience and expertise to LION, having served in prominent leadership roles in the automotive industry.
  • President of the Board, Alessio Basteri, expressed his enthusiasm for the appointment, stating, "We are extremely pleased to welcome Dr. Joachim Damasky as Chief Executive Officer of LION.
  • Dr. Damasky added "I am honored to lead LION on its promising next phase as battery pack manufacturer and contribute to its legacy of innovation.

 CrowdStrike Falcon Platform Recognized by Global Governments for its Compliance with Leading Information Security Standards

Retrieved on: 
Wednesday, January 17, 2024

These latest achievements bring the industry’s leading protection to more organizations across the Australian government and the European automotive supply chain.

Key Points: 
  • These latest achievements bring the industry’s leading protection to more organizations across the Australian government and the European automotive supply chain.
  • TISAX is a comprehensive and internationally recognized evaluation framework, focusing on the information security needs of enterprises and their supply chains in the automotive industry.
  • With this certification, customers across the European automotive supply chain can accelerate adoption of the Falcon platform with confidence that it meets the highest information security requirements in the region.
  • For more information about CrowdStrike’s commitment to meeting global compliance and certification requirements, please visit the CrowdStrike Compliance & Certification Page .

Metaverse Market Size to Worth USD 3,118.67 Billion by 2032

Retrieved on: 
Monday, November 27, 2023

Metaverse in Healthcare Market : The global market size was estimated at USD 7.5 billion in 2022 and is expected to hit around USD 98.34 billion by 2032 and is poised to grow at a CAGR of 29.4% from 2023 to 2032.

Key Points: 
  • Metaverse in Healthcare Market : The global market size was estimated at USD 7.5 billion in 2022 and is expected to hit around USD 98.34 billion by 2032 and is poised to grow at a CAGR of 29.4% from 2023 to 2032.
  • Immersive Technology Market : The global market size was valued at USD 22.5 billion in 2022 and is expected to hit around USD 167.75 billion by 2032, poised to grow at a CAGR of 22.3% from 2023 to 2032.
  • Industry 4.0 Market : The global market size surpassed USD 114.01 billion in 2022 and is projected to hit around USD 634.94 billion by 2032, expanding at a CAGR of 18.74% from 2023 to 2032.
  • Internet of Things (IoT) Market : The global market size accounted for USD 328.6 billion in 2022 and it is projected to hit around USD 2,703.52 billion by 2032, growing at a CAGR of 23.46% from 2023 to 2032.

Torch Dental and VDA Member Perks Join Forces to Advance Dental Excellence

Retrieved on: 
Tuesday, November 21, 2023

This endorsement marks a significant step forward in the pursuit of dental excellence, combining Torch Dental's cutting-edge platform with the VDA Member Perks' commitment to bringing the best products and services exclusively to members.

Key Points: 
  • This endorsement marks a significant step forward in the pursuit of dental excellence, combining Torch Dental's cutting-edge platform with the VDA Member Perks' commitment to bringing the best products and services exclusively to members.
  • Torch Dental aligns well with the VDA Member Perks' mission of "Powering Member Success".
  • Torch Dental and VDA Members Perks will work hand-in-hand to create opportunities for networking, continuing education and collaborative endeavors that will benefit the dental community at large.
  • The VDA Members Perks' recognition of Torch Dental exemplifies a shared commitment to advancing dental care through innovation, education and collaboration.

STRADVISION's Senior Process Engineer Achieves intacs® Certified Data Management Extension/Assessor Certification, Demonstrating Commitment to Industry Standards and Innovation

Retrieved on: 
Monday, November 13, 2023

This prestigious certification underscores STRADVISION's dedication to industry best practices and innovation in the field of data management.

Key Points: 
  • This prestigious certification underscores STRADVISION's dedication to industry best practices and innovation in the field of data management.
  • The resulting certifications are meticulously reviewed and approved by the VDA (German Association of the Automotive Industry) before officially issuing the Data Management SPICE PAM v1.1.
  • Soyoun Cho, as a member of the Data Management SPICE working group, attended the pilot assessor training and successfully completed the certification process.
  • "The purpose of the Data Management SPICE working group is to create a process model for data management aligned with Automotive SPICE® 3.1 and other industry standards," said Junhwan Kim, CEO of STRADVISION.

Telechips Earns TISAX Certification for Enhanced Mobility Competitiveness

Retrieved on: 
Tuesday, October 31, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231031505560/en/
    Telechips obtained TISAX certification for Enhanced Mobility Competitiveness (Graphic: Telechips)
    In the evolving automotive industry, security is increasingly important due to advances in autonomous driving and connectivity.
  • TISAX® (Trusted Information Security Assessment Exchange), a global security certification, was created by the German Association of the Automotive Industry to standardize security assessments based on ISO/IEC 27001 standards.
  • TISAX® certification is a rigorous process that requires a comprehensive review of a company's internal security management system over an extended period.
  • In recent times, Telechips has obtained various international standard certifications, including ASPICE (Automotive SPICE), ISO 27001, and TISAX.

Chinese EV Maker BYD Drives Long-Term Global Growth In Collaboration with Amazon Web Services (AWS) for Mutual Success Overseas

Retrieved on: 
Wednesday, October 25, 2023

The BYD SEAL has become the fifth BYD new energy passenger vehicle to be launched in Europe, following the BYD HAN, BYD TANG, BYD YUAN PLUS (named BYD ATTO 3 overseas), and BYD DOLPHIN.

Key Points: 
  • The BYD SEAL has become the fifth BYD new energy passenger vehicle to be launched in Europe, following the BYD HAN, BYD TANG, BYD YUAN PLUS (named BYD ATTO 3 overseas), and BYD DOLPHIN.
  • 'Throughout our global expansion journey, we've integrated international perspectives and addressed overseas market demands from the beginning, ensuring that our products gain recognition in global markets upon launch. '
  • The collaboration between BYD and AWS, two Fortune Global 500 companies, in the global market is a win-win partnership and a mutual achievement.
  • AWS ranks top in worldwide and Asia Pacific 'IDC Marketscape IaaS Provider' and takes 80% market share of Chinese enterprises going global.