CII

Hewlett Packard Enterprise Leverages GenAI to Enhance AIOps Capabilities of HPE Aruba Networking Central Platform

Retrieved on: 
Tuesday, March 26, 2024

Hewlett Packard Enterprise (NYSE: HPE) today announced the expansion of its AIOps network management capabilities by integrating multiple generative AI (GenAI) Large Language Models (LLMs) within HPE Aruba Networking Central , HPE’s cloud-native network management solution, hosted on the HPE GreenLake Cloud Platform.

Key Points: 
  • Hewlett Packard Enterprise (NYSE: HPE) today announced the expansion of its AIOps network management capabilities by integrating multiple generative AI (GenAI) Large Language Models (LLMs) within HPE Aruba Networking Central , HPE’s cloud-native network management solution, hosted on the HPE GreenLake Cloud Platform.
  • In related news, HPE also announced Verizon Business is expanding its managed services portfolio to include HPE Aruba Networking Central.
  • The new GenAI LLM functionality will be incorporated into HPE Aruba Networking Central’s AI Search feature, complementing existing ML-based AI throughout HPE Networking Central to provide deeper insights, better analytics, and more proactive capabilities.
  • In addition to being a standalone SaaS offering, HPE Aruba Networking Central is also included as part of an HPE GreenLake for Networking (NaaS) subscription and is available through the HPE GreenLake platform.

Green Shipping | CM ENERGY Signed Supply Contract with UML

Retrieved on: 
Tuesday, March 12, 2024

HONG KONG, March 12, 2024 /PRNewswire/ -- Recently, CM Energy Tech Co., Ltd. (CM ENERGY) and Union Maritime Limited (UML) have signed a supply contract to design and manufacture the WindWings® system to be installed in UML's vessel.

Key Points: 
  • HONG KONG, March 12, 2024 /PRNewswire/ -- Recently, CM Energy Tech Co., Ltd. (CM ENERGY) and Union Maritime Limited (UML) have signed a supply contract to design and manufacture the WindWings® system to be installed in UML's vessel.
  • This is the first order for such sail products received by CM ENERGY and BAR Technologies.
  • UML is a leading tanker owner and operator with a diverse range of ship assets.
  • We are also proud to partner with CM ENERGY, who have the expertise and experience to deliver our WindWings® to the highest standards.

Bearing AI Launches EU ETS Compliance Tool

Retrieved on: 
Wednesday, March 6, 2024

Compliance with EU ETS is an imposing challenge for the maritime sector.

Key Points: 
  • Compliance with EU ETS is an imposing challenge for the maritime sector.
  • Bearing AI is meeting this challenge head-on with a new EUA forecast and simulation capability.
  • When uploading a vessel schedule to the FDO platform, our advanced AI provides a projection of specific vessels’ EU ETS obligations for that schedule.
  • This refined tool not only aids in navigating the immediate financial landscape shaped by the EU ETS but also aligns with long-term environmental stewardship by facilitating proactive carbon footprint management.

Canadian Consumer Credit Market Reaches a New High, Driven by Credit Demand from New-to-Credit Canada Consumers

Retrieved on: 
Tuesday, February 27, 2024

TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Against a macroeconomic backdrop of persistently elevated inflation and high interest rates, TransUnion data indicates more Canadians are engaging in the credit marketplace, leading to a steady growth in credit participation. The number of consumers holding at least one active credit product grew by 3.6% year-over-year (YoY) in the fourth quarter of 2023 to an unprecedented 31.5 million, with approximately 96% of Canada’s credit-eligible population – consumers aged 18 and older – having access to at least one traditional credit product. At the same time, New-to-Credit Canadians represented $1 billion growth in balances over the past year.

Key Points: 
  • As part of the CIIR, TransUnion maps consumer credit market health with its Credit Industry Indicator (CII).
  • The CII is a country-specific measure of consumer credit health trends, focusing on four pillars: demand, supply, consumer behaviour and performance.
  • This growth was primarily led by the rising consumer credit participation as balances and the number of consumers in the credit market have continued to grow at a healthy pace.
  • Canadians’ average credit balance has trended up, given the underlying macroeconomic environment pressures and consumers’ increased reliance on credit, resulting in increasing minimum payment obligations for consumers.

Cambridge Innovation Institute Announces the Acquisition of the ALTA Metallurgical Conference of Australia

Retrieved on: 
Tuesday, February 27, 2024

NEEDHAM, Mass., Feb. 27, 2024 /PRNewswire/ -- Cambridge Innovation Institute (CII) announces the acquisition of the Australia-based ALTA Metallurgical Conference. For 28 years, ALTA has been a globally recognized conference and a leading platform for innovation in process development, plant design, and operation in the mining and metallurgical processing industries. The conference founders, Alan and Joan Taylor, will continue to work with CII to build on the success of the meeting. The upcoming 2024 ALTA focuses on the key topics of Nickel-Cobalt-Copper and Lithium - Battery Technology – Rare Earths. Previous ALTAs have included Uranium, Gold-PM, and In Situ Recovery Conferences. ALTA will be joining CII's Cambridge Enertech Division.

Key Points: 
  • Cambridge Innovation Institute Ventures Down Under, Acquires Key Australian Metallurgical Asset for Cambridge Enertech Expansion
    NEEDHAM, Mass., Feb. 27, 2024 /PRNewswire/ -- Cambridge Innovation Institute (CII) announces the acquisition of the Australia-based ALTA Metallurgical Conference.
  • For 28 years, ALTA has been a globally recognized conference and a leading platform for innovation in process development, plant design, and operation in the mining and metallurgical processing industries.
  • The conference founders, Alan and Joan Taylor, will continue to work with CII to build on the success of the meeting.
  • Alan Taylor, Co-Founder and Managing Director of ALTA Metallurgical Services is "delighted the unique 28-year ALTA legacy will be continued by CII's Cambridge Enertech division who share our focus on technology and innovation.

Ivalua Supports New French E-Invoicing Requirements with Partner Dematerialization Platform (PDP) Readiness

Retrieved on: 
Thursday, February 22, 2024

REDWOOD CITY, Calif., Feb. 22, 2024 /PRNewswire/ -- Ivalua, a global leader in spend management, today announced the launch of its Partner Dematerialization Platform (PDP) cloud service. This enables any organization to quickly support the upcoming e-invoicing regulations allowing them to send or receive their French or international invoices. The Ivalua Government Gateway : PDP is a fully PDP compliant and ISO27001 certified open cloud service accessible via simple plug-n-play APIs. It has been developed in France, where it is also both hosted and supported by a local team.

Key Points: 
  • REDWOOD CITY, Calif., Feb. 22, 2024 /PRNewswire/ -- Ivalua , a global leader in spend management, today announced the launch of its Partner Dematerialization Platform (PDP) cloud service.
  • This enables any organization to quickly support the upcoming e-invoicing regulations allowing them to send or receive their French or international invoices.
  • The Ivalua Government Gateway : PDP is a fully PDP compliant and ISO27001 certified open cloud service accessible via simple plug-n-play APIs.
  • "Our Partner Dematerialization Platform tailored for France's e-Invoicing and e-Reporting mandate provides a robust solution, offering seamless integration with tax regulations, minimizing financial penalties, and optimizing invoicing processes for enhanced transparency and accountability."

MC to Subscribe Shares in TVS Vehicle Mobility Solution in India

Retrieved on: 
Monday, February 19, 2024

TOKYO, Feb 19, 2024 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that it has agreed to subscribe shares (approx.

Key Points: 
  • TOKYO, Feb 19, 2024 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that it has agreed to subscribe shares (approx.
  • 32%) in TVS Vehicle Mobility Solution Private Limited (TVS VMS) through the private placement.
  • This latest investment in TVS VMS, one of the largest multi-brand dealers in India, widens MC's investment coverage through enhanced downstream service capabilities.
  • Having inherited TVSM's nationwide network built over time, TVS VMS is one of the leading automotive dealers in India.

Bankcard Balances Surpass $1 Trillion as Millennials Increasingly Turn to Cards

Retrieved on: 
Thursday, February 8, 2024

This development is interesting as both products potentially offer consumers and homeowners lower-interest options to refinance high-cost credit card debt.

Key Points: 
  • This development is interesting as both products potentially offer consumers and homeowners lower-interest options to refinance high-cost credit card debt.
  • Multiple factors played a role in this drop, including slowing new credit demand and supply as well as rising delinquency rates.
  • Total bankcard balances surpassed the $1 Trillion mark for the first time in Q4 2023, representing growth of 13% YoY.
  • While delinquencies in Q4 2023 were elevated, they were in line with the expected forecasts given historic non-prime originations and balance growth.

Representative complaints update

Retrieved on: 
Tuesday, January 2, 2024

Published: 13 December 2023

Key Points: 


Published: 13 December 2023
The OAIC has received multiple representative complaints following the major data breaches.
As at the date of publication, the Australian Information Commissioner (
AIC) has accepted two representative complaints; one against Medibank Private Limited in respect of its October 2022 data breach, the other against Singtel Optus Pty Limited in respect of its September 2022 data breach.

What is a representative complaint?

  • To make a valid representative complaint the requirements of sections 36 and 38 of the Privacy Act must be met.
  • This means that information gathered in the Medibank Commissioner-initiated investigation will be used for the purposes of the Medibank representative complaint.
  • Similarly, information gathered in the Optus CII will be used for the purposes of the Optus representative complaint.

Current court proceedings in respect of the representative complaints

Canadian Credit Market Reaches Record High Participation

Retrieved on: 
Tuesday, December 5, 2023

Total Canadian credit active consumers holding at least one credit product at an all time high of 31.2 million.

Key Points: 
  • Total Canadian credit active consumers holding at least one credit product at an all time high of 31.2 million.
  • This was fuelled by a surge of Generation Z consumers (born 1995-2010) and new Canadian immigrants entering the credit market.
  • While demand from these diverse groups of consumers, including new-to-credit borrowers, led the growth of the Canadian credit market during Q3 2023, consumers across all risk tiers* showed increased demand for credit.
  • This growth was primarily led by the rising consumer credit participation as balances and the number of consumers in the credit market have continued to grow.