ACN Newswire
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Indonesian new criminal code respects privacy, human rights

indie
3 minutes

JAKARTA, Dec 19, 2022 - (ACN Newswire via SEAPRWire.com) - Indonesia clarifies that the New Criminal Code was drafted carefully and obeys Human Rights aspects, following the emergence of reactions related to the ratification of the code.Deputy Minister of Law and Human Rights Edward Omar Sharif Hiariej on Friday stated the criminal code was drafted carefully by paying attention to the balance of the interests of individuals, the state, and the public and by taking into account Indonesia's multi-ethnic, multi-religious, and multi-cultural condition.Some of the articles criticized by the public include those related to privacy, freedoms of the press, and human rights. One of the issues is regarding the adultery and cohabitation articles in the code.Hiariej clarified that the adultery and cohabitation articles are complaint-based. Thus, the perpetrator should only be prosecuted on the basis of a complaint, which can only be made by their spouse (for those who are married) or parents or children (for those who are not married).The articles, he says, are aimed at protecting people from acts of arbitrariness. "When these articles are regulated in the criminal code, there would definitely...

ACN Newswire
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Indonesian Criminal Code won’t harm investment

indie
3 minutes

JAKARTA, Dec 12, 2022 - (ACN Newswire via SEAPRWire.com) - The dissemination team spokesperson of the Draft Law on Criminal Code (RKUHP) Albert Aries clarified the fundamentally misleading news related to the adultery article, which is considered to harm Indonesia's tourism and investment sectors."The adultery article in the new Criminal Code that takes effect three years after its stipulation is an absolute criminal complaint. This means that only the husband or wife (for those bound by marriage) or the parents or children (for those not bound by marriage) can make a complaint. No one else can report or take the law into their own hands. There will be no legal process without a complaint from the entitled and directly harmed parties," Aries said in his statement on Thursday (Dec 8).The articles of the Criminal Code that have recently attracted the attention of foreign tourists, including investors, are Article 411 concerning adultery, Article 412 concerning live-in relationships, and Article 424 concerning drinks and intoxicants.Minister of Tourism and Creative Economy, Sandiaga Uno, has said he believes the newly passed Criminal Code (KUHP), specifically its provisions on live-in...

JCN Newswire
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DENSO Receives IEEE Corporate Innovation Award for Developing and Spreading Use of QR Code

ruth
3 minutes

KARIYA, JAPAN, Dec 2, 2022 - (JCN Newswire via SEAPRWire.com) - DENSO Corporation today announced it has received the IEEE Corporate Innovation Award from IEEE,(1) the largest international association for electrical and electronic engineering in the world, for developing the QR Code(2) and spreading its use globally.The IEEE Corporate Innovation Award, one of the most prestigious technical awards in the world, is presented to organizations that have made a significant global impact with innovative technologies and products and contributed to the development of electrical and electronic engineering. Established by IEEE in 1985, the award has been presented to leading companies and organizations worldwide. DENSO has become the sixth Japanese company to receive this recognition.The QR Code was developed in 1994 by DENSO's applied equipment engineering section (currently DENSO WAVE) as an easy-to-read code that can store a large amount of information. The innovative two-dimensional code can store about 200 times more information than barcodes and can be read at high speed. DENSO started to use the code mainly for inventory management at its manufacturing plants, and later made the pat...

SeaPRwire
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SAMEZIP Launches the Latest Features – Postal Code Area Surcharge Inquiry

pandora
4 minutes

San Jose, CA, July 23, 2022 – (SEAPRWire) – SAMEZIP launches the latest features – zip code area surcharge inquiry. By entering a five-digit zip code, SAMEZIP.COM can determine whether a zip code belongs to UPS or FedEx system: RegularArea Surcharge;Extended Area Surcharge;Remote Area SurchargeUndeliverable For these five types of zip codes, UPS and FedEx have different ways to estimate whether a delivery surcharge is required and the amount. Generally, there is no surcharge for regular type of zip codes. UPS: Currently, in the 48 contiguous states of the United States, UPS divides the surcharge into three levels, type 2, type 3, and type 4. The three types of surcharges increase one by one(it also means different type have different cost.). There is a surcharge of $3.40 to $5.20 per package delivered for type 2 zip codes, $4.10 to $6.50 for type 3 zip codes, and $12.00 for type 4 zip codes. For e-commerce merchants, the surcharge can be predicted by determining the recipient’s zip code type in advance. FedEx: According to FedEx’s services in 2022 (including ground and express), they only have two levels of surcharges in 48 contiguous states of the United States. Packages for type ...

SeaPRwire
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SAMEZIP Announces the Launch of Its Zip Code Big Data Platform – SAMEZIP.COM

pandora
3 minutes

San Jose, CA, July 16, 2022 – (SEAPRWire) – SAMEZIP is proud to announce the launch of its zip code big data platform – SAMEZIP.COM. Zip code is a very important range area tool. It was first introduced by the United States Postal Service (USPS). Zip codes are not only used in the postal logistics industry, but also have high value in other economic and social fields. The importance of zip codes in the logistic industry is self-evident. Many private companies like UPS and FedEx define distance and remote areas using zip codes. This will determine if a customer will have to pay a remote area surcharge or extended area surcharge. Meanwhile, zip codes are also an important sorting tool. Take 95421 as an example, it is defined as “Remote Area Surcharges” in the UPS system, but defined as”Extended Area Surcharge” in the FedEx system. Through zip codes, SAMEZIP can extract useful information like the number of homes in an area, ethnic groups, incomes, and median housing prices. This information is very important for marketing. Lucas Zheng, the founder of SAMEZIP, said, “We believe that people, goods, and services in the same zip code often share similar characteristics. We will stimulate...

ACN Newswire

Yeahka ranks No. 1 in the non-bank independent QR code payment service market in China

indie
2 minutes

HONG KONG, Jan 21, 2022 - (ACN Newswire via SEAPRWire.com) - According to the "Thematic analysis on industrial payment in China in 2021" report recently published by the Chinese consulting firm Analysys, Yeahka Limited ("Yeahka" or the "Company") (09923.HK) ranks first in China's non-bank independent QR code payment service market, in terms of its all-round strength based on measures such as transaction volume and merchant number.According to the report, based on Yeahka's interim results for 2021, the payment business performed strongly, reaching a transaction size of 990.41billion RMB with a year-on-year increase of 56.1%. The proportion of App-based transaction volume rised from 55.8% in 2020 to 61.8% in 2021, witnessing a year-on-year increase of 72.9%, earning Yeahka the title of No. 1 in the non-bank independent QR code payment service market in China.The report also cited Yeahka as an example to outline the development strategy and improvement roadmap for the payment industry in China: Utilizing insights from different use-case scenarios as the core, and connections to the ecosystem and specialized in-depth services as the foundation. The report summarized four key attributes...

ACN Newswire
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Yeahka Ranks First among Non-bank Independent Institutions in QR Code Payment Acquiring Services

indie
3 minutes

HONG KONG, Sep 30, 2021 - (ACN Newswire via SEAPRWire.com) - Yeahka Limited ("Yeahka" or the "Company") (Stock Code: 9923), a leading payment-based technology platform in China, has surpassed others to become one of the most-used aggregate payment service providers by merchants in China.Yeahka's interim results show, as of the first half of this year, the total number of active merchants using the Company's payment services has reached 6.13 million, up 30.8% year-on-year ("YoY"). Its daily peak count of QR code payment transactions has reached 42 million, compared to 30 million at the end of last year, leading to a rapid increase in its market share in the non-bank independent QR code payment services market. According to Oliver Wyman, Yeahka ranked second with a market share of 14% in China, according to the number of transactions in 2019.Based on analysis of the latest open data of other key players, Yeahka has surpassed its competitors to become the largest non-bank independent QR code payment services provider by market share in China. According to iResearch Consulting's 2021 China's Third-Party Payment Industry Report, published this June, the number of merchants covered by in...

SeaPRwire

Asset managers fall short of tougher UK best practice code to stop ‘greenwashing’

elean
2 minutes

LONDON (REUTERS) - BlackRock, Fidelity, Legal & General, M&G and abrdn are among 125 firms endorsed under Britain's tougher best practice code to stop "greenwashing" by asset managers, though 64 peers failed to make the grade, the Financial Reporting Council (FRC) said on Monday (Sept 6). Asset managers are under greater scrutiny from securities regulators globally to prevent "greenwashing" or exaggerating the climate-friendly credentials of their products to investors. The FRC beefed up its decade-old stewardship code last year to stop "boiler plate" statements about investment decision-making that it said did little to show if investors were getting value for money. The code is enforced on a comply or explain basis, meaning firms must say publicly why they are not applying it. The revised code says asset managers should not only spell out their actions in selecting investments, such as meetings with companies, voting at annual meetings, but also provide evidence on what the outcomes of those actions were, a step change. As Britain seeks to promote London as a global centre for sustainable investment, there is a strong emphasis on taking environmental, social and governance (ESG) ...

ACN Newswire

CICC Initiates Yeahka at OUTPERFORM with HK$98.20

indie
2 minutes

HONG KONG, Mar 10, 2021 - (ACN Newswire via SEAPRWire.com) - CICC initiates coverage on Yeahka Limited (9923), a leading payment-based technology platform in China, with an "outperform" rating and a target price of HK$98.20. CICC is upbeat on Yeahka's dual-growth-driver (payment + value-added services) business model and the growth potential of the Company's QR code payment and marketing services.Key takeaways from the report include:Core payment services: Yeahka concentrates on offering integrated QR code payment services for small and micro merchants: 1) QR code payment: CICC expects Yeahka to achieve rapid growth in the next 5 years; 2) QR code payment services feature high-frequency and wide consumer base; 3) Yeahka's high revenue-sharing ratio for sales agents and its strategy that targets small and micro merchants will drive rapid growth in merchant volume. Value-added businesses: Huge room for commercialization based on its "data + scenario + traffic" business model: 1) Marketing services: CICC expects high-frequency transactions (QR code payment) and dual expansion drivers (proprietary R&D + M&A) to be the key drivers for Yeahka's revenue and profit growth; 2) Merch...

ACN Newswire

CICC Initiates Yeahka at OUTPERFORM with HK$98.20

indie
2 minutes

HONG KONG, Mar 10, 2021 - (ACN Newswire via SEAPRWire.com) - CICC initiates coverage on Yeahka Limited (9923), a leading payment-based technology platform in China, with an "outperform" rating and a target price of HK$98.20. CICC is upbeat on Yeahka's dual-growth-driver (payment + value-added services) business model and the growth potential of the Company's QR code payment and marketing services.Key takeaways from the report include:Core payment services: Yeahka concentrates on offering integrated QR code payment services for small and micro merchants: 1) QR code payment: CICC expects Yeahka to achieve rapid growth in the next 5 years; 2) QR code payment services feature high-frequency and wide consumer base; 3) Yeahka's high revenue-sharing ratio for sales agents and its strategy that targets small and micro merchants will drive rapid growth in merchant volume. Value-added businesses: Huge room for commercialization based on its "data + scenario + traffic" business model: 1) Marketing services: CICC expects high-frequency transactions (QR code payment) and dual expansion drivers (proprietary R&D + M&A) to be the key drivers for Yeahka's revenue and profit growth; 2) Merch...

ACN Newswire
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British Tech Company Launches Worlds First Secure Technology ‘Fit To Fly’ Health Passport for Air Travel ‘VPassport’

indie
9 minutes

MANCHESTER, UK, Dec 14, 2020 - (ACN Newswire) - British cyber technology company VST Enterprises (VSTE) has today launched the worlds first public 'FIT TO FLY' secure health passport designed for air travel. The cross border platform called V-Health Passport(TM) can already be downloaded from the Apple App Store or Google Play by searching for 'VPassport' or by visiting www.v-healthpassport.co.uk.It is the worlds first publicly available secure digital health passport that the public can download and use alongside any form of Covid 19 testing and vaccination that does NOT use unsecure bar codes and QR code technology. Airlines and transport carriers can also download and use the system.It comes at a time when security over the use of bar codes and QR codes in airline travel has come under intense scrutiny following the cyber attack on the former Australian Prime Minister Tony Abbot. The former PM had his Qantas airline boarding pass hacked. Details including his passport, mobile phone and messages between Qantas staff about him were intercepted. The wider threats of fake Covid 19 test certificates have also been prevalent with an alarming rise in the sales of fake Covid 19 certific...

ACN Newswire
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UK Tech Firm Launches Covid & Vaccination Passport

indie
8 minutes

MANCHESTER, UK, Dec 4, 2020 - (ACN Newswire) - British technology company VST Enterprises has today confirmed it has developed the worlds first secure 5 In 1 digital health passport and wallet. V-Health Passport(TM) is a crucial 'safe technology enabler' in reviving global economies, home lives and helping Governments, business and industry to start returning to work and normality.The cross border, cross corporation V-Health Passport(TM) can be used by international Governments, consumers and companies to authenticate a persons true identity, their Covid test results and vaccinations. This 'enabler' allows them to prove their test and/or vaccination status. Uniquely the V-Health Passport(TM) has its own contact tracing capability using anonymised data, whilst also protecting citizens data and privacy with a concept in the vein of 'self sovereign identity'.Manchester headquartered VSTE have innovated the V-Health Passport(TM) to be the most secure digital health passport and wallet in the world, but at the same time multi functional and future proof to deal with all future pandemics;The V-Health Passport(TM) has 5 key 'enabling' features to its technology;- Powered by the worlds mos...