MPI

CPABC: Northeast B.C. housing starts remain low in 2023, while major project activity also falters

Retrieved on: 
Tuesday, April 9, 2024
Annual report, Site C dam, Chartered, Housing, MPI, CPA

“Following a multi-decade low in housing starts in 2022, residential investment remained suppressed in 2023,” said Alan Bone, CPA, CA, partner at Sander Rose Bone Grindle.

Key Points: 
  • “Following a multi-decade low in housing starts in 2022, residential investment remained suppressed in 2023,” said Alan Bone, CPA, CA, partner at Sander Rose Bone Grindle.
  • Meanwhile, the eight starts in Dawson Creek marked the third straight year in which fewer than 10 housing units had begun construction.
  • “Despite the decline in major project activity, the Northeast still boasted the third highest MPI (Major Project Inventory) value in the province,” continued Bone.
  • The largest project under construction remained BC Hydro’s $16.0 billion Site C Project, which is expected to be completed in 2025.

Nuvei secures MPI license in Singapore to accelerate APAC expansion

Retrieved on: 
Tuesday, April 9, 2024
Mastercard, Growth, Partnership, Acquisition, TSX, Money, MPI, Online shopping

MONTREAL, April 9, 2024 /PRNewswire/ -- Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces that its Singapore entity, Nuvei Singapore Pte Ltd, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore.

Key Points: 
  • MONTREAL, April 9, 2024 /PRNewswire/ -- Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces that its Singapore entity, Nuvei Singapore Pte Ltd, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore.
  • This new license enables Nuvei to operate three types of payments services in Singapore, including domestic money transfer, cross-border money transfer, and merchant acquisition services.
  • "Securing this MPI license is another significant milestone as we continue accelerating our growth in APAC," commented Philip Fayer, Nuvei's Chair and CEO.
  • The MPI license complements Nuvei's expansion across APAC, including launching direct card acquiring capabilities in Australia , and its continued growth in China .

TerraPay Receives MPI License from the MAS

Retrieved on: 
Monday, April 8, 2024
Money, Payment, MAS, MPI, Commerce

SINGAPORE, April 8, 2024 /PRNewswire/ -- TerraPay, a global money movement company, has been granted a Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS) — a significant milestone solidifying TerraPay's position as a cross-border payments powerhouse.

Key Points: 
  • SINGAPORE, April 8, 2024 /PRNewswire/ -- TerraPay, a global money movement company, has been granted a Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS) — a significant milestone solidifying TerraPay's position as a cross-border payments powerhouse.
  • TerraPay now has 11 licenses and 19 regulatory approvals in 30 markets, globally.
  • Commenting on the announcement, Sheshagiri Malliah, Managing Director - Terra Payment Services Pte Ltd ("TerraPay") said, "Being granted this license by the Monetary Authority of Singapore is a big milestone for TerraPay, especially as we expand our reach and services across geographical borders.
  • As the heart of thriving international trade and commerce, Singapore has always been a strategic location for TerraPay.

GSR Obtains Major Payment Institution Licence from Monetary Authority of Singapore

Retrieved on: 
Thursday, April 4, 2024
Cryptocurrency, Professional Services, Finance, OTC, Ecosystem, Money, GSR, MAS, MPI

GSR , the global cryptocurrency trading firm and liquidity provider, today announced that its Singapore subsidiary, GSR Markets Pte.

Key Points: 
  • GSR , the global cryptocurrency trading firm and liquidity provider, today announced that its Singapore subsidiary, GSR Markets Pte.
  • Ltd. (GSR Singapore) has received a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS).
  • This milestone follows GSR receiving the in-principle approval for a MPI licence from MAS in September 2023 .
  • With this licence from one of the world’s most respected regulators, our clients should have even greater confidence in the rigour and quality of our standards, policies and procedures,” added Xin Song, GSR Group COO and CEO of GSR Singapore.

Dealer Service Satisfaction Improves but Appointment Wait Times Continue to Grow, J.D. Power Finds

Retrieved on: 
Thursday, March 14, 2024
Data Management, EV, Electric Vehicles, Automotive, Technology, Professional Services, Marketing, Communications, General Automotive, Data Analytics, Software, Fleet Management, Nissan, Bev, BEV, CSI, Mitsubishi Group, SUV, J.D. Power, MPI, PHEV, Automotive industry

The study measures satisfaction with service at franchised dealer or aftermarket service facilities for maintenance or repair work among owners and lessees of one- to three-year-old vehicles.

Key Points: 
  • The study measures satisfaction with service at franchised dealer or aftermarket service facilities for maintenance or repair work among owners and lessees of one- to three-year-old vehicles.
  • These measures are (in order of importance): service quality; service advisor; vehicle pick-up; service facility; and service initiation.
  • Customers want prompt service appointments: Longer wait times at dealers are driving more customers to aftermarket service facilities.
  • Lexus ranks highest in satisfaction with dealer service among premium brands for a third consecutive year, with a score of 897.

With Pure Storage, MPI Reduces Data Center Footprint by 95%, Achieves 10x Faster Time to Recovery

Retrieved on: 
Tuesday, March 26, 2024
Microsoft, Health, Longevity, SQL, Environment, Partnership, PSTG, VDI, VMware Horizon, Infrastructure, VMware, Energy, Pure Storage, MPI, Ageing

Faced with aging legacy systems and an escalating ransomware threat, MPI underwent a comprehensive overhaul of its IT operations to prioritize speed, scalability, and data protection.

Key Points: 
  • Faced with aging legacy systems and an escalating ransomware threat, MPI underwent a comprehensive overhaul of its IT operations to prioritize speed, scalability, and data protection.
  • MPI replaced its legacy systems with Pure Storage to achieve these goals, while also enhancing overall performance, efficiency, and recovery time.
  • Efficient Backup and Faster Time to Recovery: MPI replaced all its tape archives with FlashBlade//S for rapid backups and near-instant data recovery.
  • Performance and scalability to meet growing data volumes was a key factor in MPI's purchasing decision of Pure Storage.

Fighting back; the battle between Meta (Facebook) and Curios over "Open Meta" trademark

Retrieved on: 
Tuesday, March 26, 2024
Goliath, Speech, Multimedia, Social media, Confusion, Curio, MPI, OPEN, Human, Dietary supplement

AUSTIN, Texas, March 26, 2024 /PRNewswire-PRWeb/ -- In a strange turn of events, Facebook changed its name to Meta Platforms, Inc. ("MPI") as it tries to commandeer the common term "META", which is widely used throughout the digital world.  MPI's behavior is a clear tactic being used to bully other companies where there is a significant difference in power and resources.

Key Points: 
  • Curios, Inc. ("Curios") and a handful of others, are fighting back against MPI's bullying.
  • Trademark Office had approved Curios' trademark application (Serial No.
  • Thus, no one company should have exclusive rights to such a widely used and common term such as "META".
  • While the odds may be stacked against Curios and others fighting a Goliath, Curios remains resolute in its commitment to defending its OPEN META trademark and to not let MPI steal the word "META" out of the mouths of all who use this term.

MPI Corporation's Advanced Semiconductor Test Division Joins Forces with Keysight Technologies as a Keysight Solutions Partner

Retrieved on: 
Thursday, March 14, 2024
Organization, Device, Partnership, Die (integrated circuit), RF, High-pass filter, Cost, MPI, Industrial design

This collaboration marks a significant milestone for MPI's Advanced Semiconductor Test (AST) Division, with the company being a formidable contender in the semiconductor test industry.

Key Points: 
  • This collaboration marks a significant milestone for MPI's Advanced Semiconductor Test (AST) Division, with the company being a formidable contender in the semiconductor test industry.
  • The strategic partnership between MPI Corporation's Advanced Semiconductor Test (AST) Division and Keysight is built upon a foundation of mutual innovation, a focus on delivering customer-centric solutions, and a commitment to driving the semiconductor testing industry forward.
  • As part of the Keysight Solutions Partner program, MPI AST will leverage the strengths of both companies to deliver state-of-the-art solutions in the semiconductor test industry.
  • By joining forces, both companies commit to empowering the semiconductor industry with innovative solutions that address its most pressing challenges.

MPI Corporation's Advanced Semiconductor Test Division Joins Forces with Keysight Technologies as a Keysight Solutions Partner

Retrieved on: 
Thursday, March 14, 2024
Organization, Device, Partnership, Die (integrated circuit), RF, High-pass filter, Cost, MPI, Industrial design

This collaboration marks a significant milestone for MPI's Advanced Semiconductor Test (AST) Division, with the company being a formidable contender in the semiconductor test industry.

Key Points: 
  • This collaboration marks a significant milestone for MPI's Advanced Semiconductor Test (AST) Division, with the company being a formidable contender in the semiconductor test industry.
  • The strategic partnership between MPI Corporation's Advanced Semiconductor Test (AST) Division and Keysight is built upon a foundation of mutual innovation, a focus on delivering customer-centric solutions, and a commitment to driving the semiconductor testing industry forward.
  • As part of the Keysight Solutions Partner program, MPI AST will leverage the strengths of both companies to deliver state-of-the-art solutions in the semiconductor test industry.
  • By joining forces, both companies commit to empowering the semiconductor industry with innovative solutions that address its most pressing challenges.

OKX Receives In-Principle Approval for MPI License from Monetary Authority of Singapore

Retrieved on: 
Wednesday, March 13, 2024
Payment, PS, OKX, Ecosystem, Money, Reserve, IOS, MAS, MPI, Cryptocurrency

SINGAPORE, March 13, 2024 /PRNewswire/ -- OKX , a leading global crypto exchange and Web3 technology company, today announced that its Singapore subsidiary, OKX SG Pte.

Key Points: 
  • SINGAPORE, March 13, 2024 /PRNewswire/ -- OKX , a leading global crypto exchange and Web3 technology company, today announced that its Singapore subsidiary, OKX SG Pte.
  • Ltd., has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution License (MPI).
  • OKX is currently available for users in Singapore via web or the iOS or Google Play apps.
  • We look forward to serving users in Singapore while being a responsible and enthusiastic participant in the country's growing crypto industry."