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Regtank won FinTech award in Huawei Spark Ignite 2022 competition

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Huawei Spark Ignite 2022 Regtank

Two months ago, Huawei has enlighted the spark of new startups among consumers with the Spark Ignite 2022 competition. Now, it’s time for the results. Ultimately, Regtank Technology has achieved the winning badge for the Fintech category and overall 2nd Runner-Up position in the Huawei Spark Ignite 2022 contest.

Regtank is the largest one-stop software provider. The cooperation has made efforts for several service compliance solutions. Besides, it has innovated a compact yet advanced risk assessment engine that can inspect and verify the risk for the clients.

Consequently, the hard work of Regtank was visible in the Huawei Spark Ignite 2022 competition as well. Hence, the honorable jury members have selected the solution-oriented Regtank as the well-performed winner for the FinTech category.

Talking about the selection criteria, Huawei has distributed the contest in major spectrums. For instance, relevance, service model, technology, limitations, and more.

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With such initiatives, the Chinese tech maker was trying to elevate the startup firms with gigantic technologies. Eventually, such efforts will not only help in the financial subject but will also provide knowledge to face new challenges in the future.

Huawei Spark Ignite 2022 Regtank

Regtank Cooperation

The compliance solution company has satisfied several industries by saving 30% on cost and time. This has aided companies to meet their clients and fulfilling their demands with more efficiency. Further, the firm has also put its hands on cryptocurrency transactions to eliminate the fraud terms from the digital environment.

Describing the happiness of the huge achievement, the Founder and CEO of Regtank Technology – Megan Lee utters the following words:

“This is a very exciting win, and the team is delighted to be recognized as the Top 3 Startup and FinTech Award Winner amongst the 1,500 applicants for the Huawei Spark Ignite 2022 Global Startup Competition. This is a testament to our commitment to our clients and we are grateful for the recognition. The team will continue to improve on our solution to live up to our vision of making compliance easy for our customers.”

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Yash is a graduate of computer science and followed his way into journalism, he is interested in various subjects related to technologies and politics. Yash likes to listen classical songs and has a huge library of classical mixes.

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First Huawei Rotating Chairwoman Meng Wanzhou will start her duties on April 1

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Huawei CFO Meng Wanzhou rotating chairwoman

The top leader and CFO of Huawei, Meng Wanzhou will start her tenure as rotating chairwoman of the company on April 1, 2023. She is the rotating chairwoman in the company and It will be her first tenure.

Meng Wanzhou will start her duties as the first rotating chairwoman of Huawei and Mr. Guo Ping will be transferred to the chairman of Huawei’s board of supervisors. After Mr. Guo, the rotating chairmen and chairwomen are Xu Zhijun, Hu Huokon, and Meng Wanzhou.

Currently, Xu Zhijun is serving the chair for 6 months and his tenure will conclude on March 31, 2023. For your information, a rotating chairperson’s tenure stands for 4 months.

Ahead of the duty, China National Building Materials Group and Huawei held a signing ceremony for a strategic cooperation agreement in Beijing in February. Meng Wanzhou attended the signing ceremony as Huawei’s rotating chairman and witnessed the signing.

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Huawei CFO top leadership rotating chariman meng wanzhou

Past:

Meng Wanzhou graduated from China’s Huazhong University of Science and Technology with a master’s degree. Joined Huawei in 1993. She has successively served as the company’s international accounting director, the chief financial officer of Huawei Hong Kong, and president of the accounting management department. Meanwhile, she is serving as vice chairman, rotating chairman, and CFO of the company.

Since 2003, Meng Wanzhou has led the establishment of a globally unified Huawei financial organization structure, process, system, and IT platform. From 2007 to 2014, Meng Wanzhou promoted the IFS (Integrated Financial Services) reform in Huawei globally, making refined management one of the genes of Huawei’s continuous growth.

In 2014, Meng Wanzhou led Huawei’s data transformation and established a comprehensive data management system. He is the key person to adapt “counting one hole”, and made data a strategic asset of the company.

Huawei CFO Meng Wanzhou rotating chairwoman

She enabled financial organizations to become business partners and value integrators through reform projects such as internal control of financial reports, consistency of accounts and facts, fund management, and tax management, and supported the rapid and steady development of the company’s business globally.

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Since 2019, Meng Wanzhou has built an overall blueprint for financial digitization in line with Huawei’s strategic foresight and long-term development plan.

Through risk probes and control models, a non-contact risk control system and an agile operation and management system have been established to conduct smart operation management and decision-making based on data and AI algorithms.

(inputs from Reuters)

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Huawei trademarks ‘Xingyao’ for dual ring camera and rear phone design

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huawei nova 10 series smartphones

Huawei has recently filed a word trademark “Xingyao” and Xingyao Edition, which is internally categorized under the scientific instrument or device.

According to the information, the term Xingyao has been used during last year’s Huawei Nova 10 series lineup launch event. Because it phone’s camera design of the dual ring is called Xingyao and also uses such technology.

It’s expected that Xingyao trademark is a step toward brand protection. However, the trademark approval is currently pending, which may take some time. Huawei has various technologies and ideas that the company safe keep for various purposes.

Huawei Xingyao

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Huawei mobile UV camera feature can tell you to protect face from the Sun

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Huawei camera face sun

Huawei has one of the best camera technologies in the smartphone industry but there’s a camera feature that has now appeared in the patent that could tell you to protect your face from the sun.

Recently, China’s intellectual property office published a patent with application number CN115700841A and it has the title “Detection Method and Electronic Equipment”, which was applied on August 31, 2021.

Looking into the technical details, this technology uses an ultraviolet camera and an RGB camera, which collect UV-mapped images and color tones respectively. Then it matches the first area in the recognized ultraviolet image to the color image to improve the user experience.

That’s not it, there’s a visual representation of the entire scenario that showcases the camera can catch ultraviolet images from different angles and combines the information to process inside a dedicated application.

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Huawei camera face sun

The app then improves the accuracy of the input and provides a refined result and guidance for the user. This is similar to a makeup app, you just need to open the sunscreen app, then tap on the shutter button and then the camera will do the rest of the work.

Huawei camera face sun

Once proceed the Huawei UV camera feature will tell you about the facial statics and may also highlight the area that needs sunscreen to protect the face from harmful sun rays.

Such features are a breakthrough for the smartphone industry but it would require you to manually record the facial data. Also, it would require additional camera hardware alongside the selfie camera.

To be mentioned, it would be interesting if the tech could be included in the face lock and show the statics on the lock screen.

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(Via – Mydrivers)

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