Category: 3. Business

  • MAS and SFA Announce FinTech Award Winners at Singapore FinTech Festival 2025

    MAS and SFA Announce FinTech Award Winners at Singapore FinTech Festival 2025

    Singapore, 13 November 2025…The Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA) today announced the winners of the Global FinTech Hackcelerator and the Singapore FinTech Festival (SFF) FinTech Excellence Awards at SFF 2025. The winners, comprising financial institutions, FinTechs, solution providers and individuals, were recognised for their innovative solutions which have the potential to enhance performance and drive change in the financial services industry.

    Global FinTech Hackcelerator

    2 The Global FinTech Hackcelerator, organised by MAS and in partnership with the Global Finance & Technology Network (GFTN), sought innovative and market-ready solutions to address problem statements centred on “Artificial Intelligence (AI) for Financial Services”. The winners of the competition were selected on Demo Day, held on 12 November 2025 during SFF. The 17 finalists pitched their solutions to a panel comprising industry experts across multiple domains (further details on the competition and the judging panel can be found at Annex A).

    3 The top three teams (in alphabetical order and in no order of merit) that will receive S$80,000 each in prize money are:

    Company Name Solution Name Jurisdictions
    ActuaViz ActuaWorks Taiwan
    Claimsio Claimsio Poland
    Oxford Risk Oxford Risk United Kingdom

    ActuaViz transforms insurance product management by converting complex documentation into structured, machine-readable formats. The platform processes regulatory PDFs, pricing spreadsheets, and actuarial models to enable intelligent tools that generate product comparison tables, provide real-time agent support through chatbots, and enable transparent pricing simulations. By automating manual processing workflows, ActuaViz accelerates product development cycles and enhances customer understanding of insurance products.

    5 Claimsio provides AI-native debt collection services designed for SMEs, replacing traditional collection agencies with automated workflows. The solution begins with soft collection methods through multichannel communication and expands to include automated legal filings and integrated FinTech services such as factoring. This comprehensive approach streamlines debt recovery processes, reducing administrative burden and maintaining professional relationships for SMEs.

    Oxford Risk enables banks to deliver hyper-personalised financial services by training AI models with insights into investor decision-making processes. The platform integrates traditional transaction data with behavioural layers including cognitive biases, risk tolerance variations, and decision-making patterns. This enriched dataset allows AI systems to move beyond generic suggestions, delivering strategies that align with each investor’s unique cognitive profile and empowering financial advisers to anticipate client needs and tailor interactions more effectively.

    SFF FinTech Excellence Awards

    7 The Awards, jointly organised by MAS and SFA, and supported by PwC Singapore, recognise innovative FinTech solutions by corporates and individuals. These solutions seek to harness new technologies, create new growth opportunities, promote financial inclusion, and enhance the delivery of financial services.

    8 155 submissions were received this year, and eight winners across six award categories were eventually selected by an international panel of industry experts across multiple domains (more details on the competition and the judging panel are at Annex B).

    9 The winners for the Corporate categories for the SFF FinTech Excellence Awards 2025 are:

    Award Category (Corporates) Company Name
    Emerging FinTech Award Fennech Pte Ltd
    Financial Inclusivity Award WeeFin
    Regulatory Leader Award Cynopsis Solutions Pte Ltd
    Sustainable Innovator Award ESGpedia Pte Ltd
    Thematic – Artificial Intelligence LexisNexis Risk Solutions

    10 The winners for the Individual category recognising FinTech mentors under the SFF FinTech Excellence Awards 2025 are:

    Award Category (Individual) Individual Name Company Name & Position
    FinTech Mentor Award Alice Liu Digital Treasures Center Pte Ltd, CEO and Co-Founder
    Jeeta Bandopadhyay Tookitaki Holding Pte Ltd, COO and Co-Founder
    Louis Liu FOMO Pay, CEO and Founder

    11 Mr Kenneth Gay, Chief FinTech Officer, MAS, “The Global FinTech Hackcelerator and FinTech Excellence Awards stand as a testament to the boundless creativity and vision within our FinTech ecosystem. This year’s remarkable innovations, including cutting-edge AI solutions, underscore the sector’s unwavering commitment to solving real-world financial challenges through technology and expertise. We are delighted to see this initiative continue to empower solutions that drive positive change across the financial landscape. Our heartiest congratulations to all our winners!”

    12 Ms Holly Fang, President of SFA, said, “Congratulations to all the winners of the Global FinTech Hackcelerator and the SFF FinTech Excellence Awards 2025! This year’s winners represent the bold thinking and collaborative spirit that power Singapore’s dynamic FinTech ecosystem. Their innovative solutions showcase how technology can advance financial inclusion, sustainability, and resilience across the industry. We are excited to see how these innovations will further transform and shape the future of fintech in Singapore. As the FinTech landscape continues to expand, SFA is steadfast in building a strong network that connects stakeholders, empowers innovators to push boundaries, and create opportunities that drive sustainable growth while strengthening the global impact of Singapore’s FinTech community.”

    ***



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  • 21shares launches two US crypto index ETFs – Reuters

    1. 21shares launches two US crypto index ETFs  Reuters
    2. Cardano Gains Institutional Visibility Through 21Shares ETF Inclusion  Bitget
    3. Grayscale Says Cardano Is Flexible, Scalable, and Now Solid  The Crypto Basic
    4. Cardano Enters 21Shares FTSE Crypto ETFs as $0.50 Line Decides Path to $0.70  Coinpaper
    5. Cardano Joins 21Shares ETFs, Expanding Institutional Reach  TheTradable

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  • AbbVie Announces 20 Recipients of Migraine Career Catalyst Award™

    AbbVie Announces 20 Recipients of Migraine Career Catalyst Award™

    • As a leader in migraine treatment, AbbVie is committed to addressing the impact of migraine in the workplace.
    • 2025 honorees represent a diverse group of achievers—from teachers and authors to small business owners and aspiring yoga and meditation instructors—each redefining success while living with migraine.
    • Presenteeism accounts for nearly 90% of migraine-related productivity loss, impacting careers, finances, and overall well-being.1

    NORTH CHICAGO, Ill., Nov. 13, 2025 /PRNewswire/ — AbbVie (NYSE: ABBV) today announced the 20 recipients of its second annual AbbVie Migraine Career Catalyst Award™ contest, an initiative that helps people living with migraine pursue their career and professional development goals. Each winner received $2,500 in financial support to invest in opportunities that advance their aspirations, from continued education and training to creating healthier, more supportive work environments.

    Migraine affects one in six people and is present in nearly every workplace. Still, despite its widespread impact and significant costs, awareness and understanding remain limited. Amid these challenges, many people living with migraine continue to redefine what is possible, showing remarkable resilience and advocacy in both their personal and professional lives.

    The contest drew entries from across the United States, with winners representing a broad mix of professions and life stages. Despite the challenges that migraine often presents, each recipient shared a powerful story of resilience, ambition, and commitment to advancing their professional goals. Among the 20 awardees, several shared reflections on what the recognition means to them and how it will help shape their professional paths:

    • “Receiving the AbbVie Migraine Career Catalyst Award is not just a financial boost; it’s a profound validation of my resilience,” said Debbie D., a user interface designer from California who has lived with migraine for more than 40 years and experienced significant stigma in the office. “However, the award shows that my ambition is seen and supported, offering the tools I need to thrive and advance my career without compromising my health. Most importantly, it empowers me to be a visible example to others that it is truly possible to succeed despite migraine.”
    • “I sat in the teacher’s lounge when it hit—my skull tightened, pressure crushing. The words on my computer blurred, my vision fracturing into bursts of color. Stars danced in the corners of my sight,” wrote Garcie C., an educator from Massachusetts who lives with Chronic Migraine. “Winning the AbbVie Migraine Career Catalyst Award means so much to me because it honors not only my journey but also the collective experiences of women navigating motherhood, migraine disability, and work within systems not designed for our realities.”
    • “This award marks the beginning of a new chapter, one filled with purpose and possibility,” said Laura M., a communicator and designer from Indiana whose migraine attacks disrupted her plans to attend law school. “I am grateful for the opportunity to build a career that aligns with who I am while navigating life with migraine.”

    Many people with migraine continue to face stigma, bias and insufficient support in their professional lives.2 The AbbVie Migraine Career Catalyst Award contest was created to help close this gap, providing recognition, resources, and visibility for individuals whose careers have been disrupted by migraine. By supporting their goals, AbbVie is helping to foster greater understanding of the realities of living and working with migraine.

    “AbbVie is helping shift how workplaces and society understand migraine, while empowering individuals to thrive and pursue their goals,” said Jag Dosanjh, senior vice president, AbbVie, and president, neuroscience and eye care. “We recognize that migraine doesn’t just interrupt workdays, it can alter career trajectories. We’re proud to be the only company to offer three treatment options that address the spectrum of migraine and we are continuing to research and drive innovation to uncover new therapies that can help people living with this debilitating disease.”

    For the complete list of 2025 winners, visit www.migrainecareercatalyst.com.

    About AbbVie in Migraine
    AbbVie is the only company with three prescription treatments designed to meet patient needs across the full spectrum of migraine to help patients living with this debilitating disease. However, our commitment to the community goes beyond medicine. Through our research and partnerships with the migraine community – including patients, healthcare providers, and advocacy organizations – AbbVie has a deep understanding of the challenges that people living with migraine can face in the workplace. The AbbVie Migraine Career Catalyst Award contest is an extension of this commitment, empowering people living with migraine to pursue their professional objectives.

    About AbbVie
    AbbVie’s mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people’s lives across several key therapeutic areas – immunology, oncology, neuroscience, and eye care – as well as products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on LinkedIn, Facebook, Instagram, X (formerly Twitter), and YouTube.

    Media Contact:
    Jacqueline Karis
    +1 (310) 486-4993
    Jacqueline.karis@abbvie.com 

    References:

    1. Begasse de Dhaem O, Sakai F. Migraine in the workplace. eNeurologicalSci. 2022;27:100408. doi: 10.1016/j.ensci.2022.100408
    2. Migraine At Work. About. Accessed September 26, 2025. https://migraineatwork.org/about/

    US-NEUM-250114 11/25

    SOURCE AbbVie


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  • Intuit and Cherry Bekaert Partner to Accelerate Mid-Market Business Growth with AI-native Technology and Advisory Services :: Intuit Inc. (INTU)

    Intuit and Cherry Bekaert Partner to Accelerate Mid-Market Business Growth with AI-native Technology and Advisory Services :: Intuit Inc. (INTU)





    Intuit Enterprise Suite provides growing businesses with enterprise-grade power and AI-driven intelligence that simplifies complexities, boosts productivity and profitability

    Cherry Bekaert guides businesses to achieve success, combining the power of innovative solutions with curated advisory services

    MOUNTAIN VIEW, Calif. & RALEIGH, N.C.–(BUSINESS WIRE)–
    Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today announced a partnership with Cherry Bekaert, a top 20 advisory, assurance, and tax firm, to deliver Intuit Enterprise Suite to the firm’s growing client list of businesses needing a powerful, AI-native, ERP solution that drives growth.

    Together, Intuit and Cherry Bekaert will deliver meaningful client services coupled with Intuit’s AI-native, intelligent ERP platform, which simplifies the complexities of scaling, multi-entity businesses and automates workflows through a modern, intuitive experience. Cherry Bekaert, with an established Accounting Outsourcing practice, will further scale its practice and support clients through every stage of growth by seamlessly upgrading its current QuickBooks clients and bringing new businesses onto Intuit’s business platform.

    “Cherry Bekaert helps clients overcome challenges, deliver efficiencies, and drive growth through the adoption of innovative technologies and forward-thinking advisory services,” said Simon Williams, vice president, accountant segment, Intuit. “This partnership enables Cherry Bekaert to continue to meet the needs of its scaling clients with Intuit Enterprise Suite to streamline workflows and deliver proactive, data-driven insights that drive faster decisions and fuel profitability.”

    Today’s growing mid-market businesses are more complex. They’re often overserved by legacy ERP systems that are expensive, time-consuming and costly to install and learn. Mid-market businesses are also over-digitized, using up to 25 different apps to manage and run their business. This leads to a fragmented tech stack with data silos, resulting in limited visibility into business performance, a lack of integrated workflows, and an inability to make data-backed, confident decisions.

    Intuit Enterprise Suite is transforming how more complex, mid-market businesses grow, eliminating the need for companies to adopt costly, legacy ERPs or juggle multiple applications to manage their operations. It provides businesses with an adaptable, intelligent, AI-native ERP solution that includes multi-entity and multi-dimensional financial management capabilities, business intelligence and reporting, payments and bill pay, project profitability, payroll, HR, and marketing, in one connected, scalable, cloud-based platform. It also provides tailored workflows and reports and connects to an extensive partner ecosystem to create an optimized and customized experience that meets unique, industry-specific needs.

    For Alamo Drafthouse Cinema, Intuit, working alongside Cherry Bekaert, simplified their financial management and reporting with Intuit Enterprise Suite, demonstrating how Intuit’s platform helps businesses stay focused on their top priorities. “At Alamo Drafthouse Cinema, our mission is to be the best cinema by delivering an unforgettable moviegoing experience—and that starts behind the scenes,” said Joseph Edwards, executive vice president, Cojeaux Cinemas, an Alamo Drafthouse Cinema franchise. “Intuit Enterprise Suite streamlines our finances and reporting, delivers insights that guide operations, and allows us to spend less time in the back office, so we can focus on what matters most: our team members and our guests.”

    Intuit and Cherry Bekaert will kick off their partnership in the coming weeks with a series of events in Chicago, Atlanta, Washington, D.C., and Austin, Texas. The events are designed for CFOs, Controllers, and business owners interested in implementing financial strategies that simplify, modernize, and help scale businesses with Cherry Bekaert’s comprehensive advisory offerings and Intuit Enterprise Suite.

    “Cherry Bekaert is focused on reimagining the future for mid-market businesses with our forward-thinking, proactive advisory approach alongside the deployment of innovative, transformative solutions that drive growth,” Matt Brady, chief growth officer, Cherry Bekaert Advisory LLC. “Intuit Enterprise Suite is reimagining ERP software with a disruptive platform solution that meets the needs of complex businesses with end-to-end financial management and workflow automations, reporting, and AI-driven insights, all in one place, that’s simple to access and quick to adopt.”

    About Intuit

    Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With approximately 100 million customers worldwide using products such as TurboTax, Credit Karma, QuickBooks, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us at Intuit.com and find us on social for the latest information about Intuit and our products and services.

    About Cherry Bekaert

    Cherry Bekaert, ranked among the largest assurance, tax, and advisory firms in the U.S., serves clients across industries in the U.S. and internationally. “Cherry Bekaert” is the brand name under which Cherry Bekaert LLP and Cherry Bekaert Advisory LLC, independently owned entities, provide professional services in an alternative practice structure in accordance with applicable professional standards. Cherry Bekaert Advisory LLC is not a licensed CPA firm. Cherry Bekaert LLP is a licensed CPA firm that provides attest services, and Cherry Bekaert Advisory LLC and its subsidiary entities provide business advisory and non-attest services spanning the areas of transaction advisory, risk and accounting advisory, digital solutions, cybersecurity, and tax. We exercise a deliberate curiosity to know our clients’ industries and work collaboratively to create shared success. For more details, visit cbh.com/disclosure.

    Intuit Media Contact:

    Kim Amsbaugh,

    Kim_Amsbaugh@intuit.com

    Source: Intuit Inc.

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  • Liberty Media Corporation Updates Start Time for Annual Investor Meeting :: Liberty Media Corporation (FWONA)

    Liberty Media Corporation Updates Start Time for Annual Investor Meeting :: Liberty Media Corporation (FWONA)





    ENGLEWOOD, Colo.–(BUSINESS WIRE)–
    Liberty Media Corporation (“Liberty Media”) (Nasdaq: FWONA, FWONK, LLYVA, LLYVK) is updating the start time of its annual Investor Meeting on Thursday, November 20, 2025 with presentations via webcast now beginning at approximately 9:00am P.T. and concluding at 11:30am P.T. During the Investor Meeting, observations may be made regarding the company’s financial performance and outlook, as well as other forward looking matters.

    Presenting companies include Liberty Media, Formula 1, MotoGP and Quint. After the presentations, John Malone, Chairman of Liberty Media, and Derek Chang, President and CEO of Liberty Media, will host a Q&A session at approximately 10:10am P.T. Interested parties are able to submit questions in advance by emailing investorday@libertymedia.com with the subject “Investor Day Question”.

    Virtual registration and webcast information is available on the Liberty Media website at https://www.libertymedia.com/investor-day.

    Immediately following Liberty Media’s Investor Meeting, Formula 1 will be hosting its F1 Business Summit at Wynn Las Vegas in partnership with Liberty Media and CAA – a sports and entertainment summit that will feature a collection of the most influential minds in sports, entertainment, and business. Attendees will enjoy a full day of networking and panel discussions beginning at 12:30pm P.T. and will conclude with closing remarks at 4:15pm P.T. followed by a networking event at the Paddock Club Rooftop. Admission is limited to ticketed attendees only and no webcast will be provided.

    Please note that during the Q&A session at Liberty Media’s Investor Meeting, comments may be made regarding Liberty Broadband Corporation (“Liberty Broadband”) (Nasdaq: LBRDA, LBRDK, LBRDP) and GCI Liberty, Inc. (“GCI Liberty”) (Nasdaq: GLIBA, GLIBK). Investors of each respective company can join the webcast at the aforementioned link.

    An archive of the webcast of the Investor Meeting will also be available on the Liberty Media website after appropriate filings have been made with the SEC.

    About Liberty Media Corporation

    Liberty Media Corporation operates and owns interests in media, sports and entertainment businesses. Those businesses are attributed to two tracking stock groups: the Formula One Group and the Liberty Live Group. The businesses and assets attributed to the Formula One Group (NASDAQ: FWONA, FWONK) include Liberty Media’s subsidiaries Formula 1, MotoGP, Quint and other minority investments. The businesses and assets attributed to the Liberty Live Group (NASDAQ: LLYVA, LLYVK) include Liberty Media’s interest in Live Nation and other minority investments.

    Liberty Media Corporation

    Investor Contact:

    (877) 772-1518

    investor@libertymedia.com

    Source: Liberty Media Corporation

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  • sound capacity development approaches for tech-savvy supervisors

    sound capacity development approaches for tech-savvy supervisors

    Financial authorities’ role in maintaining the safety and soundness of firms and the financial sector requires unique expertise and skills. In an ever-changing technological landscape, financial authorities need suitably skilled staff. This allows them to benefit from novel supervisory tools and address emerging risks from financial institutions’ use of technology. Building on a survey among financial authorities, this paper provides a framework for technology-related capacity development (CD) to help them adapt to rapid and continuous technological advancements. It outlines strategies for aligning tech-related CD with institutional objectives, fostering an innovation-friendly culture and leveraging structured competency frameworks to identify and address skills gaps. It also discusses multifaceted approaches to CD design and delivery and emphasises the importance of assessing CD effectiveness.

    JEL classification: G28, I21

    Keywords: capacity building, capacity development, learning and development, training

    The views expressed in this publication are those of the authors and not necessarily those of the BIS.

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  • News | RTX’s Pratt & Whitney opens European Technology and Innovation Center in the Netherlands

    News | RTX’s Pratt & Whitney opens European Technology and Innovation Center in the Netherlands

    New facility will drive collaboration on aircraft propulsion technology research and development across industry and academia 

    HOUTEN, Netherlands, Nov. 13, 2025 /PRNewswire/ — Pratt & Whitney, an RTX (NYSE:RTX) business, has formally opened its European Technology and Innovation Center (ETIC), a new facility dedicated to researching advanced propulsion technologies for enabling greater energy efficiency and performance in future commercial aircraft. ETIC enhances Pratt & Whitney’s capability to collaborate with industry and academia in the Netherlands and across Europe, targeting a range of high-impact technologies including advanced gas turbine systems, hybrid-electric and hydrogen propulsion.

    “As an independent innovation center dedicated to cutting edge technology research, ETIC is a first-of-a-kind facility for Pratt & Whitney in Europe, complementing our existing engineering centers in North America, Poland, and across the globe,” said Michael Thacker, senior vice president, Engineering and Technology, Pratt & Whitney. “We see significant potential to grow our activities in the Netherlands, given its strong engineering talent pool and long history of aerospace technology innovation, as well as the exceptional opportunities for collaboration between industry, academia and government agencies.”

    ETIC is co-located at Collins Aerospace’s existing European Innovation Hub in Houten, Netherlands, and adds to RTX’s longstanding engagement with the Dutch aerospace industry. It follows recent initiatives including RTX’s two memoranda of understanding with the Netherlands Aerospace Group and the signing of a master research agreement with Delft University of Technology (TU Delft), which have established a framework for collaboration on technology research across a wide range of topics. Pratt & Whitney has also secured a dedicated office space at TU Delft’s Aerospace Innovation Hub, further enhancing opportunities to collaborate in the province of South Holland.

    “We are thrilled to take this next step in our collaboration with Pratt & Whitney. Working directly with their new team in Houten will strengthen our partnership, and their dedicated office space at the Aerospace Innovation Hub@TUD on the TU Delft Campus will give them seamless access to our innovation ecosystem,” said Professor Henri Werij, Dean of the Faculty of Aerospace Engineering, TU Delft. “Close collaboration with leading aerospace companies is crucial for developing technologies required to enable a sustainable future of aviation — and to shape the talent that will drive our industry forward.”

    “I am pleased to see the realization of initiatives like Pratt & Whitney’s European Technology and Innovation Center in the Netherlands,” said Tjerk Opmeer, deputy director-general for business and innovation, Ministry of Economic Affairs of the Netherlands. “This center has the possibility to enhance our shared vision for accelerating sustainable aviation through innovation and international collaboration. We are committed to support these transformative efforts.”

    Of RTX’s 21,000 staff across 65 locations in Europe, some 300 are based in the Netherlands, primarily at three existing Collins Aerospace sites including Houten. Pratt & Whitney already employs more than 7,000 staff in Europe, the majority at key engineering, manufacturing and maintenance facilities in Poland.

    About Pratt & Whitney
    Pratt & Whitney, an RTX business, is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units for military, commercial and civil aviation customers. Since 1925, our engineers have pioneered the development of revolutionary aircraft propulsion technologies, and today we support more than 90,000 in-service engines through our global network of maintenance, repair and overhaul facilities.

    About RTX
    RTX is the world’s largest aerospace and defense company. With more than 185,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2024 sales of more than $80 billion, is headquartered in Arlington, Virginia.

    For questions or to schedule an interview, please contact [email protected].

    SOURCE RTX

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  • Sports market platform InPlay ties up with MEMX ahead of trading venue launch 

    Sports market platform InPlay ties up with MEMX ahead of trading venue launch 

    • InPlay partners with MEMX for trading platform launch
    • Sports betting growth fuels prediction-market startups
    • InPlay’s trading venue awaits SEC and FINRA approval

    NEW YORK, Nov 13 (Reuters) – InPlay Global, a new platform that allows investors to trade securities tied to the performance of sports teams, signed a partnership on Wednesday with exchange operator MEMX ahead of the launch of its trading venue next year.

    The tie-up comes at a time when sports betting is booming in the U.S., bolstered by a friendlier regulatory regime under the Trump administration. Upstart trading platforms like Polymarket and Kalshi, which offer event contracts, are disrupting the sports betting business that has been dominated by gambling companies.

    Sign up here.

    The growth of these prediction-market startups has triggered a backlash from the gambling industry, with some U.S. state regulators arguing that event contracts run afoul of rules on sports gambling.

    Even so, large financial firms are looking to cash in on the burgeoning business of sports wagers, as they anticipate easier regulations for emerging prediction-market companies. In October, New York Stock Exchange parent Intercontinental Exchange (ICE.N), opens new tab struck a deal to invest up to $2 billion in Polymarket.

    As part of the partnership with InPlay, MEMX will provide its market technology and trading infrastructure for the Miami-based firm’s planned alternative trading system (ATS), executives at the companies told Reuters. InPlay’s application for the launch of its trading venue is currently awaiting approval from the U.S. Securities and Exchange Commission and the Financial Industry Regulatory Authority.

    “MEMX has already built many exchanges, and they also have been contracted by a few to build ATSs. So we’re very confident in MEMX’s ability to do this for us. They’re going to be building out all of our infrastructure for us – our matching engine, gateways, market data, and network management will all be warehoused under MEMX resources,” said Troy Kane, president and COO at InPlay.

    InPlay was founded in 2023 by Edwin Johnson, a former trader at the Chicago Board of Trade. The company is developing a new class of financial instruments called “performance securities,” which are structured like exchange-traded funds or index funds, and track the performance of college and professional teams across various sports through an entire season. The securities do not represent equity ownership in any team and have no affiliation with sports leagues.

    Founded in 2019, MEMX operates two exchanges – MEMX Equities and MEMX Options – and is planning to launch a second options exchange next year. Over the past two years, MEMX has helped build exchanges and alternate trading systems for customers including 24X Exchange and Blue Ocean Technology.

    “It’s pretty exciting to see someone try to bring something new to the market, from an asset class perspective. We like the fact that it’s a securities-based product, and so we’re excited to be able to work with the InPlay team to help them get this off the ground,” said MEMX CEO Jonathan Kellner.

    Reporting by Anirban Sen in New York; Editing by Christian Schmollinger

    Our Standards: The Thomson Reuters Trust Principles., opens new tab

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  • Oversupply of oil could create glut of 4m barrels a day, says energy watchdog | Oil

    Oversupply of oil could create glut of 4m barrels a day, says energy watchdog | Oil

    The world is producing more oil than it can use and by next year there could be a glut of 4m excess barrels a day entering the market, according to the global energy watchdog.

    The International Energy Agency said the surplus in 2026 was likely to be larger than previously forecast, despite a decision from the biggest oil producers to pause their plan to increase crude exports.

    The Paris-based agency, which was set up after the 1973 oil crisis to monitor global supplies, pointed to a slower-than-usual growth in the world’s oil demand to explain the growing glut.

    “Global oil market balances are looking increasingly lopsided, as world oil supply is forging ahead while oil demand growth remains modest by historical standards,” the IEA said.

    The warning of a looming oversupply has emerged in the same week that the agency published its energy outlook report, including a controversial scenario in which global oil demand would continue to grow until 2050.

    The model, which takes a conservative view of global climate action, was dropped in 2020 after the IEA was repeatedly criticised for underestimating the growth of renewable energy in its annual report.

    The IEA returned the scenario to its outlook this year, as leaders gathered in Belém, in Brazil, for the Cop30 climate talks, after calls from the White House to present a more optimistic view for the future of oil. The IEA has denied it reintroduced its new scenario in response to pressure from the US.

    Critics of the forecast believe it underestimates the pace of electric vehicle take-up, particularly in developing countries in Asia, a trend that is already helping to reduce the world’s demand for oil.

    The IEA’s report also included two main scenarios in which oil consumption reached a peak by 2030 because of the strong take-up onof electric vehicles and renewable energy.

    In all scenarios, renewable energy is expected to at least double over the next five years. The outlook suggested the world was likely to build more renewable energy projects in the next five years than had been rolled out over the past 40.

    The Global Wind Energy Council (GWEC) said there was now “irreversible momentum towards the age of electricity”, which in every IEA scenario showed that renewable energy was “growing faster than any other major energy source”.

    A GWEC spokesperson said: “It is important an outdated political narrative does not distract from this data-driven reality.”

    In its monthly report the IEA said it now expected global oil supply to grow by about 3.1m barrels per day (bpd) in 2025, and by 2.5m next year, each up by about 100,000 bpd on the month.

    With supply outpacing demand, the IEA’s latest monthly oil report suggested that by 2026 total oil supply would be 4.09m bpd higher than total demand, up from an implied surplus of 3.97m bpd in last month’s report.

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  • Duncan Regional Hospital Becomes First in U.S. to Implement BD Alaris™ EMR Infusion Interoperability with MEDITECH

    Duncan Regional Hospital Becomes First in U.S. to Implement BD Alaris™ EMR Infusion Interoperability with MEDITECH

    Duncan Regional Hospital Becomes First in U.S. to Implement BD Alaris™ EMR Infusion Interoperability with MEDITECH

    FRANKLIN LAKES, N.J., Nov. 13, 2025 /PRNewswire/ — BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today announced that Duncan Regional Hospital (“DRH Health”) has become the first hospital in the United States to implement BD Alaris™ EMR (Electronic Medical Record) Interoperability with the MEDITECH electronic health record (EHR), marking a significant advancement in patient safety, workflow efficiency and clinician support.

    This integration brings together BD’s robust market-leading bi-directional infusion interoperability – now live at more than 960 sites in the United States. By expanding this capability to MEDITECH, BD now offers its Alaris™ EMR Interoperability solution to all three of the leading EHR systems in the U.S. market, providing advanced integration to an even broader range of healthcare organizations nationwide.

    “Providing a safer environment for our patients is always our top priority at Duncan,” said Roger L. Neal, Vice President and Chief Operating Officer of DRH Health in Duncan, Okla. “With the current nursing shortage, this integration eliminates many small, repetitive tasks our nurses perform every day, allowing them to spend more time with patients and improving efficiency across our health system. We’re proud to lead the way as the first hospital in the nation to implement BD Alaris™ EMR Interoperability with MEDITECH. This integration brings important safety features to one of the most complex processes in healthcare, and we’re confident it will result in safer administration, better documentation, more consistent infusion workflows, and greater satisfaction for our nursing teams and most importantly our patients.”

    Enhancing Patient Safety and Efficiency

    BD Alaris™ EMR Interoperability enables seamless connection of infusion pumps into MEDITECH’s Patient Care and Patient Safety solution. Clinicians can now scan to verify patients, medications and smart pumps; send infusion orders directly from MEDITECH to BD Alaris™ pumps; and receive infusion statuses back into the EHR. By reducing manual programming and error-prone steps, this solution supports comprehensive, near real-time documentation, and helps ensure the right patient receives the right medication at the right dose while improving safety across the board.

    “We are excited to support Duncan Regional Hospital as the first in the U.S. to go live with BD Alaris™ EMR Interoperability integrated with MEDITECH,” said Tiffany Murphy, U.S. General Manager and Vice President of Medication Management Solutions. “This expansion marks a pivotal milestone, enabling us to offer our market-leading interoperability to a broader segment of healthcare organizations. With close to 1,000 live sites and a proven record of activating 12 new sites each month, BD is committed to advancing infusion safety and operational efficiency for hospitals across all three of the nation’s top EMRs.”

    “This collaboration demonstrates our shared commitment to advancing patient safety and improving operational efficiency for clinicians,” said Emily Pacheco-Valente, RN, Product Manager at MEDITECH. “By connecting BD Alaris™ with MEDITECH’s robust HER platform, we are delivering many additional safety features to one of the most complex processes in healthcare – features hospitals can’t afford to overlook. We look forward to seeing the positive impact for both caregivers and patients.”

    About BD Alaris™ EMR Interoperability
    BD Alaris™ EMR Interoperability enables healthcare organizations to standardize infusion workflows, reduce inefficiencies, and minimize error-prone manual steps. By seamlessly connecting infusion pumps to EMR systems, the solution helps decrease the risk of IV medication errors and extends safety to every infusion administered. Learn more about BD Alaris™ EMR Interoperability: https://www.bd.com/en-ca/products-and-solutions/solutions/interoperability.

    About BD
    BD is one of the largest global medical technology companies in the world and is advancing the world of health by improving medical discovery, diagnostics, and the delivery of care. The company supports the heroes on the frontlines of health care by developing innovative technology, services and solutions that help advance both clinical therapy for patients and clinical processes for health care providers. BD and its more than 70,000 employees have a passion and commitment to help enhance the safety and efficiency of clinicians’ care delivery process, enable laboratory scientists to accurately detect disease and advance researchers’ capabilities to develop the next generation of diagnostics and therapeutics. BD has a presence in virtually every country and partners with organizations around the world to address some of the most challenging global health issues. By working in close collaboration with customers, BD can help enhance outcomes, lower costs, increase efficiency, improve safety, and expand access to health care. For more information on BD, please visit bd.com or connect with us on LinkedIn at www.linkedin.com/company/bd1/, X (formerly Twitter) @BDandCo or Instagram @becton_dickinson. 

    About DRH Health
    DRH Health is a progressive, not-for-profit community hospital located in Duncan, Oklahoma, serving patients across the region since 1977. With a team of more than [1,000] dedicated healthcare professionals, DRH Health is committed to delivering compassionate, personalized care and exceeding the expectations of those we serve. We offer a seamless, state-of-the-art health services environment designed to meet the evolving needs of our community and make every patient ideal encounter a reality. Through continuous innovation and an unwavering commitment to excellence, DRH Health strives to improve patient outcomes and deliver exceptional healthcare experiences for patients and their families. For more information, visit www.drhhealth.org.

    About MEDITECH
    MEDITECH empowers healthcare organizations to expand their vision of what’s possible with Expanse, the intelligent EHR platform you can trust. Expanse transforms care and ushers health systems of all sizes into the future with AI-infused solutions, personalized workflows, next-level interoperability, and predictive analytics — all working together to drive better outcomes. See why thousands of healthcare organizations in 29 countries and territories have chosen Expanse. Visit ehr.meditech.com and follow us on YouTube, LinkedIn, X/Twitter, Facebook, Instagram, and Threads.

    Contacts:

    Media:

    For BD:

    Fallon McLoughlin                                                                                           

    Adam Reiffe

    Director, Public Relations                                                                              

    VP, Investor Relations

    201.258.0361                                                                                                      

    201.847.6927

    fallon.mcloughlin@bd.com                                                                          

    adam.reiffe@bd.com

    For DRH Health:

    Cyndi Crook

    Executive Director, DRH Foundation/Community Relations

    580-251-8844

    cyndi.crook@drhhealth.org

    For MEDITECH:

    Jason Patnode

    Manager, Content, Branding, and Digital Marketing

    781-774-5746

    jpatnode@meditech.com 

     

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    SOURCE BD (Becton, Dickinson and Company)


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