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A.M. Best Affirms Credit Ratings Of Starr Property & Casualty Insurance (China) Company, Limited

HONG KONG, March 16 (Bernama) -- A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of "a" of Starr Property & Casualty Insurance (China) Company, Limited (Starr China) (China). The outlook of these Credit Ratings (ratings) remains stable.

The ratings reflect Starr China's balance sheet strength, which A.M. Best categorizes as very strong, as well as its marginal operating performance, limited business profile and appropriate enterprise risk management.


RFA Names Richard Muckle As Head Of Client Development For Its EMEA Headquarter

LONDON, March 16 (Bernama) -- RFA (Richard Fleischman & Associates), a next-gen managed IT services provider for the financial industry, recently named Richard Muckle as RFA's Head of Client Development for its EMEA Headquarter.

In his role, Richard will manage and guide RFA's European markets alongside RFA's growing EMEA team. Richard will advise and provide support for clients to ensure they are able to implement their vision and realize intended outcomes.


AmBank Islamic Partners With UTM In Driving UTM Education Endowment Fund Through JomPAY

KUALA LUMPUR, March 15 (Bernama) -- AmBank Islamic Berhad (AmBank Islamic) and Universiti Teknologi Malaysia (UTM) today officially partnered to enable JomPAY- which serves as a channel to contribute into the UTM Education Endowment Fund (UEEF).

Present at the launch ceremony were Tan Sri Dr. Noorul Ainur Mohd Nur, Secretary General, Ministry of Higher Education Malaysia, Tan Sri Abdul Halim Ali, Chairman, UTM, Prof. Datuk Ir. Dr. Wahid Omar, Vice-Chancellor, UTM, Tan Sri Azman Hashim, Chairman, AmBank Group, Dato' Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group, Eqhwan Mokhzanee, Chief Executive Officer, AmBank Islamic and Peter Schiesser, Group Chief Executive Officer, Payments Network Malaysia (PayNet), the operator of JomPAY.


​Ethoca's Integrated Solution Suite Aims To Eradicate 90% Of Chargebacks Through Proven Industry Collaboration

Led by ground-breaking Eliminator solution, the suite provides a three-layer defence from genuine fraud, friendly fraud and customer disputes, while creating a better experience for customers

TORONTO & AUSTIN, Texas & LONDON, March 15 (Bernama) -- Ethoca, the industry standard for collaboration-based technology solutions that enable card issuers and online merchants to increase card acceptance and stop ecommerce fraud and disputes, today announced the launch of its new Integrated Solution Suite. When adopted at full scale across the industry, Ethoca´s suite of products - including Ethoca Eliminator, Ethoca Alerts and Enhanced Representments - can mitigate up to 90% of chargebacks from genuine fraud, friendly (or first-party) fraud and false claims. Even more importantly, it sets the stage for increased card acceptance across the ecosystem.

Today´s ecommerce ecosystem is plagued by a raft of issues that increase friction in the purchase process and create a negative experience for customers. With friendly fraud (whether innocent or hostile) and false claims now reaching 90% of all fraud volumes in sectors like digital goods, card issuers, merchants and customers are all facing a downward spiral of disputes that are having a significant impact on card acceptance. Industry estimates suggest that ‘false declines´ - when good customers are falsely declined due to the risk of fraud - are continuing to increase: for every $1 in confirmed fraud, $13 in legitimate transactions are falsely rejected. Customers experiencing a false decline will elect to abandon purchases at trusted ecommerce web sites, pull out a different payment card or, in 39% of cases, potentially abandon the purchase altogether.¹


Tommy Hilfiger Announces Formula One World Champion Lewis Hamilton As Global Brand Ambassador For TOMMY HILFIGER Men's

As one of today´s greatest sports competitors, Lewis Hamilton will represent the world of TOMMY HILFIGER men´s as global brand ambassador starting Spring 2018.

AMSTERDAM, March 15 (Bernama) -- Tommy Hilfiger, which is owned by PVH Corp. [NYSE: PVH], announces that British Formula One racing driver and four-time Formula One® World Champion Lewis Hamilton will appear as the new global brand ambassador for TOMMY HILFIGER men´s, including HILFIGER COLLECTION, TOMMY HILFIGER TAILORED and TOMMY HILFIGER Menswear, Underwear and Swimwear, starting Spring 2018. The partnership reflects Tommy Hilfiger´s strategic commitment to build on its strong menswear heritage and further drive the global growth of its men´s business, bringing the next generation of fans to the brand.

This press release features multimedia. View the full release here:

"I have always admired Lewis´ incredible endurance during the race, as well as his unique style off the track, which speak to the new generation of Tommy Guys, " said Tommy Hilfiger. "He has built his incredible career as a racing driver with passion, dedication and extremely hard work - values that I embraced when founding my brand. We have a history with Formula One, and this partnership builds on our heritage of collaborations within the world of motor sport. "


MTC's SMEs Secure RM2.6 Mil In Sales At Trade Fairs

The Malaysian Timber Council continues its annual tradition of sponsoring timber-based SMEs at two furniture fairs that leave international buyers in awe

KUALA LUMPUR, March 15 (Bernama) -- Nothing beats the benefits that trade fairs have got to offer. March brought together thousands of international buyers and sellers for the Malaysian International Furniture Fair 2018 (MIFF) and Export Furniture Exhibition 2018 (EFE).

MIFF was held from 8-11 March at the Malaysia International Trade and Exhibition Centre and Putra World Trade Centre while EFE was held at the Kuala Lumpur Convention Centre from 9-12 March. Both fairs are widely recognised as premier sourcing platforms all over the world.


Dongfeng Race Team Won The Grand Champion Of The In-port Race In Auckland

AUCKLAND, New Zealand, March 15 (Bernama) -- Six race teams are currently docked in Auckland. The Team of China -- Dongfeng Race Team won the Grand Champion of the in-port race in Auckland. With over half of the race completed, Dongfeng Race Team ranked the second in the total standings. The competition is becoming more and more intense. The teams will depart from the port on March 18 and set off for the seventh leg which will bring double points in terms of standings.

The skipper Charles Caudrelier said that it was not easy. There were many unexpected things during the windy weather of the first leg, but Dongfeng Race Team always focused on the lead during the race and endeavored to find their weaknesses, surpassing them again and again and leaving other teams behind.