Hong Kong – Launch of Faster Payment System Suspicious Proxy ID Alert

Launch of Faster Payment System Suspicious Proxy ID Alert

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The following is issued on behalf of the Hong Kong Monetary Authority:
 
     The Hong Kong Monetary Authority (HKMA) announced the launch of the Faster Payment System (FPS) Suspicious Proxy ID Alert on November 26. This initiative aims to enhance the alert mechanism to users of the associated fraud risks before conducting transactions using FPS proxy IDs.
      
     The HKMA has been collaborating closely with the Hong Kong Police Force (HKPF), the Hong Kong Interbank Clearing Limited and the industry, including banks and stored value facility operators (SVFs), to develop an alert mechanism based on the information available from the Scameter, an anti-fraud search engine developed by the HKPF.  All FPS participants that provide real-time fund transfer services to personal users where FPS proxy IDs are used, including a total of 44 banks and SVFs, have launched this initiative (see Annex on the list of participating institutions).  
      
     Under this mechanism, users will be alerted of the high risk of fraud if the payee’s FPS proxy ID (including mobile phone number, email address, FPS Identifier (FPS ID)) falls within the list of proxy IDs labelled as “High Risk” on Scameter.  An alert message will be displayed to users, reminding them to think twice before deciding whether to cancel the transaction or continue with the payment.
      
     Regardless of whether they receive alert messages, users are advised to carefully verify the payment details and whether the payee identity is trustworthy before each payment.  To avoid potential losses, users should not make payment where in doubt.  Participating institutions have made available the updated app containing this feature in the app store. Users should also use a most updated version of mobile banking or e-wallet application containing this feature in order to receive the alert, if any, when making payment using FPS proxy ID.

Introducing: Faster, More Realistic Training with Lockheed Martin’s Prepar3D® Version 6

In every training scenario, weve got your six.

ORLANDO, Fla. – WEBWIRE

Can you visualize the future? We can. Lockheed Martin (NYSE: LMT) announced the newest version of Prepar3D, its flagship simulation and training software, will be released this July.

What Is Prepar3D
Prepar3D is a visual simulation platform that allows users to create training scenarios across aviation, maritime and ground domains. It has been used for a wide range of learning scenarios including vehicle procedures training, cockpit familiarization, flight planning, air traffic controller training and emergency response preparation in the commercial, academic, professional and military instruction environments.

At Lockheed Martin, Prepar3D supports everything from visualizing missile trajectories to simulating wildfire response efforts.

Whats New

  • Lighting and shadows in Prepar3D are more realistic than any previous version around the globe
  • An entirely new atmospheric model that brings unprecedented levels of realism and fidelity
  • A streamlined update process, expected to result in significant time and bandwidth savings
  • An increased focus on airports, including higher detail lighting models, surfaces and objects, in response to user feedback

The transformation of our Prepar3D software highlights continued development and evolution, said Jonathon Wells, vice president of Lockheed Martin Air and Commercial Solutions. Prepar3D furthers Lockheed Martins commitment to bring upgraded capabilities and features for next-generation training solutions.

Experience Prepar3Dherebefore the launch.

For additional information, visit our website:www.prepar3d.com.

About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin Corporation is a global security and aerospace company that employs approximately 116,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

More Replications. Faster Machining. RAKU® TOOL WB-1258 for Pattern & Mold Making.

 RAMPF Group, Inc. is presenting its extremely abrasion-resistant polyurethane board RAKU® TOOL WB-1258 for the manufacture of core boxes and pattern plates at Cast Expo 2022 in Columbus, OH, from April 23 to 26 – Booth 2434.

Kyle Wohler, Sales Manager at RAMPF Group, Inc. – “RAKU® TOOL WB-1258 outperforms all other plastics in the pattern and mold industry. The polyurethane board was developed in partnership with foundry shops all over the world, resulting in an extremely abrasion-resistant material that produces more than 100,000 replications and machines 40 percent faster than its competitor products.”

RAKU® TOOL WB-1258 features

– Excellent dimensional stability and accuracy

– Homogeneous surface

– High impact strength

– Good edge strength

– Excellent resistance to chemicals with no swelling

– Minimal sand adhesion

The key advantages of RAKU® TOOL WB-1258 are

– Fast and high-precision production of models via direct milling from CAD data

– Easy to process, changes can be easily made

– Limited handling of liquid systems (adhesive)

– Cost savings in comparison to metal or face cast pattern plates

– Low weight

One of the many companies that use RAKU® TOOL WB-1258 is Neenah Foundry, headquartered in Neenah, WI. It is the largest independent foundry in the US and a specialist manufacturer and provider of highly engineered, structural, and sustainable solutions for a variety of infrastructure and industrial end-market customers.

Gary Verbeten, Manager Pattern Operation at Neenah Foundry, says “The WB-1258 machines more accurately, it’s smooth and polishes better, it’s more durable, and wears really well. Overall, I would pay more money for a product that will significantly shorten lead times along with labor hours and costs. There is little to no clean up necessary when the pattern or core box comes off of the mill.”

Find out more about RAMPF’s encompassing product range for pattern and mold making at Cast Expo 2022 in Columbus, OH, from April 23 to 26 – Booth 2434!

RAMPF Group

Benjamin Schicker

+49.7123.9342-0

www.rampf-group.com

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