Month: July 2022

Leonardo and BAE Systems announce UK-Italy collaboration on future combat air system programme

The collaboration between Leonardo and BAE Systems focuses on the application of Model Based System Engineering (MBSE) design methodologies and the joint development of enabling technologies for the national sovereignty of the future system.

FARNBOROUGH, United Kingdom, July 20, 2022 (GLOBE NEWSWIRE) — Leonardo and BAE Systems are actively progressing UK-Italy collaboration opportunities on the demonstrator aircraft as part of the Future Combat Air System (FCAS) programme, in the framework of a cooperation path launched by Italy and the UK in the Defence sector. This approach allows the companies of the two countries to identify shared areas of collaboration and begin joint analysis on possible activities of shared interest, after the two companies reached a collaboration agreement within the Future Combat Air System (FCAS) programme. In the same context, lies an agreement between Leonardo’s Italian and UK electronics businesses and Elettronica SpA related to demonstration activities on advanced sensors and systems.

The FCAS program pursues the development of a technologically advanced multi-domain system of systems, underpinned by highly innovative and disruptive technologies, with a 6th generation core platform, and intended for the renewal of Eurofighter fleet. This ambitious project will allow participating countries to maintain national sovereignty in the Combat Air sector, while redesigning future operational and industrial capabilities in the aerospace sector.

The collaboration between Leonardo and BAE Systems focuses on the application of Model Based System Engineering (MBSE) design methodologies and the joint development of enabling technologies for the national sovereignty of the future system. These activities are the natural evolution of the innovation processes already initiated by the partner companies, and assume strategic importance as they explore a technological frontier not yet reached by European industry.

Furthermore, in line with this strategy, Leonardo’s Italian and UK electronics businesses and Elettronica SpA have agreed to collaborate in the domain of sensors and communications, aiming to support the technological development of the FCAS project, including demonstration activities related to future on-board electronics. This initiative will deepen the established collaboration of these companies at the international level, jointly defining the potential architecture for an integrated set of sensors and communications equipment with innovative capabilities and highly integrated features.

For more information:
LaPresse SpA Communication and Press Office Director
Barbara Sanicola – barbara.sanicola@lapresse.it

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8b50dc53-a0dc-4faa-8aeb-8b709f7e1213

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

• Al Rajhi Bank Malaysia is implementing Feedzai’s RiskOps platform to handle the challenges of Identity, Real-Time Data, and Collaboration across the entire customer lifecycle.
• This partnership is part of Al Rajhi Bank Malaysia’s continuous effort to build a digital bank and become the #1 Islamic innovation bank in Malaysia.

SAN MATEO, Calif. and LISBON, Portugal, July 20, 2022 (GLOBE NEWSWIRE) — Feedzai, the world’s first RiskOps platform for financial risk management, and Al Rajhi Bank Malaysia (ARBM) have announced a partnership which will see Feedzai’s leading RiskOps solution implemented onto the platform.

“We are delighted that Al Rajhi Bank Malaysia has selected Feedzai as a trusted partner. In addition to providing the highest level of financial security for ARBM and their customers, our unified RiskOps platform will ensure that their teams have a single platform to handle everything fraud and financial crime-related,” said Nuno Sebastião, CEO at Feedzai. “By selecting a single, scalable solution that is already trusted by many of the world’s largest banks, Al Rajhi Bank Malaysia will ensure its customers are well protected against financial crime such as money laundering or scams which ultimately erode consumer trust in the financial system.”

Since 2021, ARBM set its vision to become the #1 Islamic innovation bank in Malaysia and initiated its digital transformation by building a digital bank. The bank is committed to invest in a customer-focused approach and to emerge as the leader in the Islamic banking industry while delivering greater value to their customers and deepening financial access and relevance.

Arsalaan (Oz) Ahmed, Chief Executive Officer, Al Rajhi Bank Malaysia, added “Al Rajhi Bank Malaysia is launching a state-of-the-art digital bank which will be differentiated by its high levels of innovation, customer-centricity and reliability. Our strategic key partners have enabled us to tap into the vast potential of cutting-edge technology to help advance towards our vision of becoming the #1 Islamic finance innovation bank in Malaysia. Feedzai was the stand-out provider to meet all our financial crime prevention needs in keeping our customers safe and secure in an ever evolving financial crime landscape. The partnership with Feedzai is in line with our commitment to innovation and reimagining the 21^st century banking experience.”

Feedzai’s RiskOps meets key industry challenges to seamlessly solve for Identity, Real-Time data, and collaboration across the customer lifecycle whilst increasing productivity and enabling financial services companies to deliver better outcomes for their customers. RiskOps by Feedzai fully integrated cloud offering, covers device authentication, malware defense, behavioral biometrics (along with a package of fraud detection scenarios from scams to account takeover) and a full suite of integrated Fraud and AML solutions from Customer Due Diligence to Watchlist Screening and Transaction Monitoring.

Feedzai is also continuing to strengthen its presence and team in the region and recently announced Cormac Sheedy as the new General Manager for the Middle East & Africa. Sheedy has over 25 years of experience as a sales director at the crossroads between financial services and technology. He joins Feedzai from Irish regulation technology firm Fenergo, where he was head of MENA Sales.

About Feedzai:
Feedzai is the world’s first RiskOps platform, and the market leader in safeguarding global commerce with today’s most advanced cloud-based risk management platform, powered by machine learning and artificial intelligence. Feedzai is securing the transition to a cashless world while enabling digital trust in every transaction and payment type. The world’s largest banks, processors, and retailers trust Feedzai to protect trillions of dollars and manage risk while improving the customer experience for everyday users, without compromising privacy. Feedzai is a Series D company and has raised $282M to date. With a valuation of +$1.5B, the company’s technology protects 900 million people in 190 countries. For more information, visit feedzai.com

About Al-Rajhi Banking & Investment Corporation (Malaysia) Bhd (ARBM)
ARBM, a wholly owned subsidiary of the world’s largest Islamic Bank, Al Rajhi Bank Kingdom of Saudi Arabia (KSA) was locally incorporated in October 2006. Following its official launch in 2007, ARBM became the first Arab bank to start its operation in South East Asia, as part of a Shariah compliant banking group that is instrumental in bridging the gap between modern financial demands and intrinsic values, whilst spearheading numerous industry standards and development.

At ARBM, we believe that the one thing that holds the world together as people of different nationalities, races and cultures are values. Values define us, unite us, and garner trust from those we serve. Deeply rooted in Islamic banking principles and operating on the same platform as its home bank, ARBM was established on the bedrock values of Integrity and Transparency, Passion to Serve Our Customers, Solution Oriented, Modesty, Innovativeness, Meritocracy and Care for Society.

ARBM continuously endeavors to expand its suite of products and services to meet the financial needs of its customers, delivering innovative Shariah compliant financial solutions across retail, corporate, treasury and investment segments. Today, ARBM operates through a distribution network of 16 branches nationwide.

Media Contact
Marlene Kaur
Al-Rajhi Bank Malaysia 
marlene.kaur@alrajhibank.com.my
Tel: +603 2301 7413   

Feedzai
pr@feedzai.com 

PICKERING, Ontario, July 19, 2022 (GLOBE NEWSWIRE) — TJP Labs Inc. (“TJP Labs”) is North America’s leading full-service contract manufacturer of next-generation products, focusing on Modern Oral Nicotine pouches and oral delivery solutions for energy and nutraceutical products. After completing a thorough

regulatory assessment and meeting all GMP requirements, Health Canada has granted TJP Labs Inc. a Drug Establishment License (DEL).

Any company that intends to import, fabricate, package, label, or distribute pharmaceutical drugs must obtain a Drug Establishment License per Health Canada regulatory requirements. It is a comprehensive and stringent process to achieve DEL approval as a company must demonstrate it meets strict quality control standards and procedures.

The Drug Establishment License aligns with TJP Labs’ future goal to offer drug manufacturing services. Further, it augments TJP’s globally recognized expertise in full-service contract manufacturing in the next-generation nicotine and nutraceutical space.

Speaking on the achievement, David Richmond-Peck, CEO of TJP Labs, said:

“We are incredibly excited at the future possibilities Drug Establishment Licensing offers our global customers. We founded TJP Labs to promote global harm reduction and develop products appropriate for the protection of public health. Passing the rigorous inspection process conducted by Health Canada is evidence that the unparalleled quality of our best-in-class manufacturing facility aligns with our corporation’s long-term objectives.

This license, including our Natural Health Products Site License, ISO 9001:2015, HACCP and cGMP certifications, speaks to the rigorous quality standards at TJP Labs. It propels our vision to become a global leader in modern oral nicotine, energy, and nutraceutical pouch manufacturing. Further, it reinforces our ability to service high-volume brands in international markets.”

About TJP Labs Inc. 
TJP Labs is a leading North American full-service, global contract manufacturer of premium quality next-generation products, specializing in modern oral nicotine, energy, and nutraceutical pouches. Our products are manufactured and packaged in our DEL, Site-Licensed, cGMP/HACCP compliant, ISO 9001:2015 certified state-of-the-art facilities.

Contacts

David Richmond-Peck – business@tjplabs.com

Website: www.tjplabs.com