June 15, 2022 – Page 2 – Emirates Press

June 15, 2022

GLOBAL CASH ECOSYSTEM OPTIMIZATION COMPANY SESAMI ANNOUNCES THREE STRATEGIC EXECUTIVE APPOINTMENTS

Sesami continues to build its world-class leadership team as it expands its business globally

DALLAS, June 15, 2022 /PRNewswire/ — Sesami Cash Management Technologies (“Sesami”), a global cash ecosystem integrator and technology company, is pleased to announce three strategic appointments to its global leadership team. Retail industry veteran Michael Ross takes on the role of Chief Financial Officer, brand expert Nicolas Van Erum joins as Chief Marketing Officer, and cash management software and industry veteran Soji Skariah will become Managing Director and Global Head of Software.

From left to right: Michael Ross (Chief Financial Officer, Sesami), Nicolas Van Erum (Chief Marketing Officer, Sesami), Soji Skariah (Managing Director and Global Head of Software, Sesami)

Today’s announcement builds on Sesami’s recent acquisition of Dallas-based Tidel and Sweden-based Gunnebo Group’s cash management business, following which Darren Taylor, CEO of Tidel, was appointed as Sesami’s President, COO, and Global Head of Intelligent Devices, and Christian Weisser, President of Gunnebo Cash Management, was named Sesami’s Managing Director and Global Head of Managed Services. The acquisition of Tidel and Gunnebo Group’s cash management business brought on over 800 software, cash automation and product specialists to Sesami, cutting-edge software and an unrivalled portfolio of intelligent devices to serve financial institutions and consumer businesses globally.

“This highly skilled team of experienced professionals will be instrumental in transforming the global cash ecosystem, which is ripe for disruption,” said Stéphane Gonthier, Chief Executive Officer of Sesami. “The creativity, know-how and depth of expertise Michael, Nicolas and Soji bring to Sesami will no doubt enable us to achieve our ambitious goals to offer a tech-enabled end-to-end solution to financial institutions and consumer businesses globally through Sesami’s open, integrated and fully customizable service delivery model,” he added.

Michael Ross, Chief Financial Officer, Sesami
Michael is responsible for overseeing the company’s financial and corporate functions and for putting in place business processes that reflect the level of sophistication and performance Sesami brings to clients worldwide. Prior to joining Sesami, Michael was Chief Financial Officer of Dollarama for over a decade, one of Canada’s leading and fastest-growing value retailers and part of the TSX-60 index. Prior to that, Michael was CFO of Sanimax Industries, a rendering services company, and spent over 20 years in senior financial roles in the telecom and the media.

Nicolas Van Erum, Chief Marketing Officer, Sesami
Nico is responsible for the creation and deployment of the Sesami brand as an internationally recognized industry leader. He also oversees Sesami’s brand strategy and the implementation of a borderless corporate culture. A brand builder, entrepreneur, and seasoned agency executive, Nico has spent the past 25 years working at some of the world’s top creative agencies, including as Founder and Managing Partner of Sid Lee Los Angeles for a decade. It is by working closely with global powerhouses such as Adidas, Apple, Cirque du Soleil, FIS, Netflix, Samsung, and Visa, that Nico nourished his creativity and high-performance mindset, while mastering the art of integrated strategic thinking.

Soji Skariah, Managing Director and Global Head of Software, Sesami
Soji is responsible for Sesami’s global software business, and for driving its technology. A versatile leader with over 25 years of experience in business, sales, delivery and finance, Soji has a proven track record of transforming and growing software and tech businesses into mature, and complex organizations that span across multiple geographies. Soji joins Sesami from multinational fintech company Diebold Nixdorf, where he held a number of executive leadership roles, including Vice President and Head of Software for Europe, Asia and Africa. Prior to Diebold Nixdorf, Soji worked in various leadership roles at Hewlett Packard, EDS and TCS.

ABOUT SESAMI

Sesami, an independent entity of Garda World Security Corporation, is a global cash ecosystem integrator and technology company offering a true end-to-end tech-enabled solution and providing financial institutions and consumer businesses with the ability to work with a single partner across the full spectrum of cash management products and services. These include advisory, business intelligence, and analytics; a comprehensive and customizable software suite for tracking, forecasting, and data aggregation; managed product maintenance, cash ecosystem services, and processing services delivered by best-in-class third-party cash operators wherever our clients operate; and leading intelligent cash automation and security device options, including Tidel and Gunnebo Cash Management solutions.

For more information visit www.sesami.io

Media Contact: Maxime-E. Illick, PELICAN PR, media@rppelican.ca, (514) 845-8763

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June 15, 2022

McKinsey & Company’s new research shows the metaverse could grow up to $5 trillion in value by 2030

‘Value Creation in the Metaverse’ report examines the massive, global impact of the metaverse across key sectors and businesses

NEW YORK and LONDON and PARIS, June 15, 2022 (GLOBE NEWSWIRE) — McKinsey & Company released its new report “Value creation in the metaverse,” which shows the metaverse may be too big to ignore. McKinsey’s preliminary forecast shows the metaverse has the potential to grow up to $5 trillion in value by 2030. It shows e-commerce as the largest economic force ($2.6 trillion), ahead of sectors such as virtual learning ($270 billion), advertising ($206 billion), and gaming ($125 billion).

As companies of all different shapes and sizes look to enter the metaverse, this extensive report provides a clear view of what the metaverse is and is not, what first movers are doing, what’s fueling the investment, and the potential for consumer and B2B companies.

The report builds on multiple proprietary insights and analysis, including a survey of more than 3,400 consumers and executives on adoption of the metaverse, its potential, and its likely impact on behavior. The researchers also interviewed metaverse builders and industry experts.

“The metaverse represents a strategic inflection point for companies, and it presents a significant opportunity to influence the way we live, connect, learn, innovate, and collaborate,” said Eric Hazan, senior partner, McKinsey & Company. “Our ambition is to help leaders of both consumer and B2B companies better understand its power and potential, identify strategic imperatives, and act as a force for its evolution.”

What’s fueling the metaverse investment
Already this year, companies, venture capital, and private equity firms have invested more than $120 billion in the metaverse—more than double the $57 billion invested in all of last year.

Multiple factors are driving this investor enthusiasm:

ongoing technological advances across the infrastructure required to power the metaverse
demographic tailwinds
increasingly consumer-led brand marketing and engagement
increasing marketplace readiness as users explore today’s version of the metaverse, which is largely driven by gaming while applications emerge in socializing, fitness, commerce, virtual learning, and other uses

Already, more than three billion gamers worldwide have access to different versions of the metaverse.

“While the idea of connecting virtually has been decades in the making, it is now increasingly real, meaning real people are using it and spending real money and companies are betting big,” said Lareina Yee, senior partner, McKinsey & Company. “Yet this booming interest has made it difficult to separate hype from reality. It’s worth remembering that while the bust of the first dot-com boom resulted in the disappearance of scores of companies, the internet itself went from strength to strength, giving rise to new entrants.”

Consumers are already engaging in the metaverse
Consumers are already there. McKinsey’s research shows consumers are excited about transitioning life into the metaverse, with almost six in ten (59%) consumers preferring at least one metaverse experience over its physical alternative.

Among those consumers, certain types of activities stand out for being most preferred in the immersive world:

shopping—purchasing physical or virtual goods (79%)
attending virtual social events or playing social games (78%)
exercising using virtual reality (76%)

Senior leaders believe the metaverse will have a significant impact on their industry
Business leaders see the metaverse’s potential to drive impact and margin growth. Ninety-five percent of leaders say they expect the metaverse to have a positive impact on their industry within five to ten years, with 31 percent saying the metaverse will fundamentally change the way their industry operates. More significantly, a quarter of leaders expect the metaverse technology to drive more than 15 percent of their organization’s total margin growth in the next five years.

“The metaverse has put us at the cusp of the next wave of digital disruption,” said Tarek Elmasry, senior partner, McKinsey & Company. “It’s transformative. It will likely have a major impact on our commercial and personal lives, which is why businesses, policy makers, consumers, and citizens may want to explore and understand as much as they can about this phenomenon, the technology that will underpin it, and the ramifications it could have for our economies and wider society.”

For more insights and to read the full report, please click here.

About the report
McKinsey surveyed more than 3,400 consumers and senior executives across Asia–Pacific, China, Europe, and the United States to gain insight into the habits of current metaverse users—their motivations, what they are doing, and what they expect to do. In analyzing the metaverse’s value-creation potential and total investment landscape, we examined the drivers of activity among major corporations, venture capital, and private-equity funds. We examined the potential impact of the metaverse on sectors most closely tied to its technology and uses, supplementing our work with additional research, case studies, and real-world examples. The report also includes an in-depth analysis of five industries: apparel, fashion, and luxury; consumer packaged goods; financial services; retail; and telecommunications, media, and technology.

About McKinsey & Company
McKinsey & Company is a global management consulting firm committed to helping organizations realize sustainable, inclusive growth. We work with clients across the private, public, and social sectors to solve complex problems and create positive change for all their stakeholders. We combine bold strategies and transformative technologies to help organizations innovate more sustainably, achieve lasting gains in performance, and build workforces that will thrive for in this generation and the next.

About Growth, Marketing & Sales, McKinsey & Company
The mission of McKinsey’s Growth, Marketing & Sales Practice is to help leaders of both consumer and business-to-business clients create Growth That Matters through meaningful transformations and marketing-driven profit. The practice helps its clients set their strategic direction, develop their marketing and sales capabilities, and connect their organization to realize the full potential of today’s omnichannel opportunities. Clients benefit from McKinsey’s experience in core areas of growth, marketing and sales such as growth strategy, branding, customer insights, marketing ROI, digital marketing, CLM, pricing, and sales and channel management.

For more information, please contact
US media contact: MaryLiz Ghanem, DiGennaro Communications, McKinsey-DiGennaro@digennaro-usa.com, +1 917 518 8422

UK media contact: Ruth Jones, 3THINKRS, mckinsey@3thinkrs.com, +44 0208 0872843

June 15, 2022

Top Cryptocurrency Exchange Bybit Reduces Margin Requirements With Portfolio Margin Mode

VICTORIA, SEYCHELLES – Media OutReach – 15 June 2022 – Bybit, a cryptocurrency exchange with one of the largest BTC futures open interest, has enabled portfolio margin mode for eligible users on June 15, 2022.

Bybit users will now be able to fully leverage their portfolio with greater capital efficiency thanks to the new portfolio margin feature. The portfolio margin mode evaluates positions across Bybit’s extensive trading products, and calculates the margin accordingly.

Portfolio margin increases users’ capital efficiency by calculating the overall risk across a user’s hedged portfolio. Doing this reduces margin requirements, and potentially amplifies return on capital.

For example, under the bull market call spread strategy in regular margin mode based on individual positions, the trader needs to pay the premium required for the option bought. At the same time, the trader will also need to pay the margin required for the option sold, while the combination target return is limited. Under this strategy, users may not achieve the optimal return on capital.

With the portfolio margin mode activated, Bybit calculates the combined risk of options bought and sold. Since most of the risk has been hedged, the margin will be significantly reduced. The more comprehensive approach to risk assessment yields safer and more stable trading strategies and, in turn, higher returns in profit scenarios.

“We are excited about the opportunities Bybit’s portfolio margin will open up for Bybit users. As traders ourselves, we understand the importance of having access to the most powerful trading tools and features. To that end, portfolio margin offers one of the best capital efficiency options in the market on one of the most reliable trading platforms out there. This product is another step forward in our growth as a digital asset service provider in our continued effort to meet the needs of the community of 6 million registered users on the Bybit platform,” said Ben Zhou, co-founder and CEO of Bybit.

Portfolio margin takes derivatives trading on Bybit to the next level. Users can start with newly launched USDC perpetual contracts plus USDC options with greater capital efficiency. Portfolio margin will be expanded into USDT products in later stages.

Furthermore, traders can be confident that Bybit’s tested and trusted TP/SL (Take Profit/Stop Loss) feature will help them to trade derivatives easily with advanced exit position methods. As with all our leveraged products, users can manage risks and safeguard themselves against excessive losses with multi-layered liquidation protocols to ensure safety and fairness across all Bybit trades, every step of the way.

About Bybit

Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. The company provides innovative online spot and derivatives trading services, mining and staking products, an NFT marketplace as well as API support, to retail and institutional clients around the world, and strives to be the most reliable exchange for the emerging digital asset class. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.

For more information please visit: https://www.bybit.com/

For updates, please follow Bybit’s social media platforms on

https://discord.com/invite/bybit
https://www.facebook.com/Bybit
https://www.instagram.com/bybit_official/
https://www.linkedin.com/company/bybitexchange/
https://www.reddit.com/r/Bybit/
https://t.me/BybitEnglish
https://www.tiktok.com/@bybit_official
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For media inquiries, please contact: press@bybit.com

June 15, 2022

Casio to Release G-SHOCK Featuring Successive Master of G Characters

Signature characters brought back to life in camouflage design

TOKYO, June 15, 2022 /PRNewswire/ — Casio Computer Co., Ltd. announced today the latest addition to its G-SHOCK shock-resistant watches. The DW-5600GU-7 features past characters from Master of G models designed for use on land and in the sea and air, all distilled into one timepiece.

The face and band of the DW-5600GU-7 are entirely covered in a camouflage design styled from iconic characters once engraved on the case back of Master of G watches. Of all G-SHOCK watches, the Master of G line has won over adventurers looking to challenge the limits of toughness. This latest addition brings back to life 18 of the line’s characters, including the iconic frog from the FROGMAN series, the mole from the MUDMAN series, as well as the RANGEMAN wild cat. The band and bezel are specially designed to feature the distinctive traits of each character, making them easy to recognize amid the camouflage.

These highly individual characters are laid out in a camouflage design with a basic black-and-white color scheme for a stylish, cool design.

Layout designed to make characters easy to recognize

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June 15, 2022

Texas Cardiac Arrhythmia Institute at St. David’s Medical Center hosted international conference on complex cardiac arrhythmias

AUSTIN, Texas, June 15, 2022 /PRNewswire/ — On June 2 and 3, 2022, the Texas Cardiac Arrhythmia Institute (TCAI) at St. David’s Medical Center hosted its sixth international symposium on complex arrhythmias, EPLive 2022. This year’s event had more than 1,250 people register, a record number, with more than 150 who attended in person. There were attendees from all over the globe, including Singapore, Thailand, Tunisia, Germany, Korea and Greece.

Participants included practicing clinical cardiac electrophysiologists, electrophysiologist fellows and general cardiologists who have an interest in treating complex cardiac arrhythmias—a condition in which the heart beats with an irregular or abnormal rhythm. The primary teaching tool was live cases broadcast from the new, state-of-the-art Electrophysiology Center at St. David’s Medical Center, with expert commentary.

Live cases performed during EPLive 2022 featured new technologies pioneered by physicians at TCAI, including irreversible electroporation, which helps heart arrhythmia patients by using controlled electric fields to create tiny scars in the heart to block irregular electric signals, and thus, potentially reducing the risk of damage to a patient’s veins, arteries or nerves.

“From the cutting-edge technology that was unveiled to our record registration numbers, this was truly our most momentous EPLive to date,” Andrea Natale, M.D., F.H.R.S., F.A.C.C., F.E.S.C., cardiac electrophysiologist and executive medical director of TCAI and EPLive course director, said. “EPLive plays a leading role in expanding the scope of electrophysiology treatment options, which we hope positively impacts the lives of patients worldwide.”

EPLive featured four sessions, consisting of a combination of live and recorded cases from TCAI, as well as some of the world’s premier centers: Arrhythmia Center CardioInfantil Foundation (Colombia), Cardiovascular Center Brussels, Cleveland Clinic, Kansas City Heart Rhythm Institute, Liverpool Heart and Chest Hospital (United Kingdom), Mass General Hospital, Methodist Hospital (Houston, Texas), Montefiore Hospital (New York), Monzino Cardiac Center (Itay), Mt. Sinai Hospital (New York), Pacific Heart (California), University of Arkansas Medical Center, UCLA, University of Chicago Medicine, University of Colorado School of Medicine, University Hospital of Brussels, University of Pennsylvania, University of Texas Southwestern Medical Center, Vanderbilt University, Westside Regional Medical Center (Florida) and Yeditepe University (Turkey).

In addition to demonstrations by Dr. Natale, EPLive 2022 featured presentations by a number of TCAI physicians, including course co-director, Amin Al-Ahmad, M.D., as well as Shane Bailey, M.D.; Mohamed Bassiouny, M.D.; David Burkhardt, M.D.; David Burkland, M.D.; Robert Canby, M.D.; Paul Coffeen, M.D.; Joseph Gallinghouse, M.D.; Brian Greet, M.D.; Eric Hoenicke, M.D.; Rodney Horton, M.D.; Patrick Hranitzky, M.D.; David Kessler, M.D.; Javier Sanchez, M.D.; Kamala Tamirisa, M.D.; Senthil Thambidorai, M.D.; David Tschopp, M.D.; and Jason Zagrodsky, M.D.

Physicians received a maximum of 14 American Medical Association (AMA) Physician’s Recognition Award (PRA) Category 1 Credit™ hours at the conference.

For more information, visit EP-Live.com.

Media Contact:
Matt Grilli or Kat Griffith, ECP
MGrilli@EChristianPR.com or KGriffith@EChristianPR.com
630.800.9533 or 512.797.4002 cells

June 15, 2022

European Wellness and ABH Group to Establish World-Class Anti-Aging, Longevity, and Disease Prevention Center in Santorini, Greece

ATHENS, Greece, June 15, 2022 /PRNewswire/ — European Wellness International GMBH (EW Group) has signed a Joint Venture Agreement (JVA) with ABH Clinical Prevention and Age Management S.A. (ABH Group), joining forces to establish a medical, wellness, and aesthetic retreat center in the heart of Santorini, Greece.

Set against the backdrop of one of the world’s most picturesque islands, the exclusive, co-branded EW-ABH Center will feature cutting-edge biological regenerative, health and wellness solutions – including proprietary integrative health and cell therapies and age management products and services – that will set it apart as one of the most advanced and well-equipped healthcare and wellness facilities in the Mediterranean.

The two parties agreed to pool their respective resources and expertise for the joint venture in a digital signing session held on 29^th April, 2022, represented by EW Group Chairman Prof. Dato’ Sri Dr. Mike Chan and ABH Group Managing Director Dr. Athanasios Athanasiou respectively.

Their strategic cooperation will involve ABH Group’s affiliated entity Athanasiou Iatriki S.A., as well as the collective affiliations and subsidiaries of EW Group, including its academic, bio-manufacturing, research, healthcare and wellness center, and product distribution divisions.

According to a recent report by the non-profit organization Global Wellness Institute, the global wellness economy is projected to grow 9.9% annually, reaching a value of $7.0 trillion USD in 2025.

Drawing upon decades of experience in the anti-aging, healthcare, wellness and biological regenerative medicine industries, EW Group and ABH Group are well-positioned to leverage this fast-growing market through their collaboration, which is aligned with their vision to provide surrounding communities with an avenue for high-quality healthcare and wellness.

About European Wellness Biomedical Group

Founded in 1991, EW Group is a multi-award-winning European group with multiple patents that is most renowned for its pioneering developments in precursor stem cell therapeutics, immunomodulation, biological peptides, and biological regenerative medicine. The Group’s portfolio comprises multinational business divisions that collectively operate in the emerging fields of biological regenerative medicine; these divisions include research and development, bio-manufacturing, training and education, anti-aging centers and product distribution to practitioners and consumers across 80 countries. The Group also owns a growing network of 26 internationally-accredited Wellness Centers globally. Today, the Group is headquartered in Germany and Kota Kinabalu, Malaysia (Asia Pacific), with manufacturing facilities located strategically in Germany, Switzerland, United States, United Kingdom, and the European Union.

https://european-wellness.eu

About ABH Group

Athens Beverly Hills Medical Group (ABH) is an award-winning Medical Group founded in 2008 in Athens by Dr. Athanasiou and Dr. Fatsea, specializing in the fields of plastic surgery and dermatology. The Group has evolved over the years, expanding its areas of specialization to include gynaecology, andrology, weight loss, obesity, and anti-aging. Today, the Group is nominated as a center of excellence by ESAAM (European Society of Preventive, Regenerative and Anti-Aging Medicine), and is one of the most established and reputable Medical Groups for plastic surgery, dermatology and age management in Greece.

https://abh-medicalgroup.com/en/

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