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Tookitaki, AI Compliance Solution Drives Expansion Across Key Asian Markets with Funding from True Global Ventures

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Strategic funding to accelerate Tookitaki’s growth and drive innovation in financial crime prevention across Asia.
SINGAPORE, Oct. 21, 2024 /PRNewswire/ — True Global Ventures (TGV) Opportunity Fund, a global venture capital firm specializing in transformative technologies, has made a strategic investment in Tookitaki, a leader in anti-financial crime software. This capital will fuel Tookitaki’s rapid expansion and continued innovation across Asia, as financial institutions face mounting regulatory pressures to combat increasingly sophisticated financial crimes.

The capital injection, which comes as Tookitaki reaches its 10-year anniversary, will support Tookitaki’s mission to deliver cutting-edge anti-financial crime solutions to financial institutions in these regions, where compliance with anti-money laundering (AML) and fraud prevention regulations is becoming increasingly critical. Tookitaki has monitored over 10 billion transactions across 100 million consumers amongst its clients. The capital will be key to expanding Tookitaki’s footprint in key Asian markets, supporting its mission to deliver cutting-edge financial crime solutions to banks and fintech companies in the region.
Beatrice Lion, General Partner of True Global Ventures, stated:”Our investment in Tookitaki reflects our confidence in their groundbreaking technology and unique ability to tackle financial crime across Asia’s key markets. As regulatory standards tighten and financial crime evolves, Tookitaki’s platforms provide scalable, AI-driven solutions for AML and fraud prevention that will help institutions stay ahead of these challenges. We are excited to support their journey of growth.”
Abhishek Chatterjee, Founder and CEO of Tookitaki, commented:”We are thrilled to welcome True Global Ventures as we continue our growth trajectory. This partnership comes at a pivotal time for Tookitaki, allowing us to expand our reach in key Asian markets and further enhance our FinCense and AFC Ecosystem platforms. TGV’s deep expertise in scaling technology businesses globally will be invaluable as we continue to empower financial institutions with the tools they need to effectively combat financial crime. We’re excited for the next phase of this journey.”
Tookitaki: Revolutionizing Financial Crime Detection and Prevention in Asia
FinCense platform offers a robust, AI-driven solution for AML and fraud prevention, enabling financial institutions to identify and address financial crime with greater accuracy and efficiency. The AFC Ecosystem, brings together industry experts and institutions to continuously update and refine crime detection models, offering real-time unparalleled collective intelligence.
Both platforms employ Tookitaki’s federated learning approach, allowing institutions to leverage insights from diverse datasets without compromising data privacy, a critical factor in today’s heavily regulated financial landscape. This ensures financial institutions can meet compliance standards while benefiting from cutting-edge crime detection technology that adapts to new threats.
https://www.tookitaki.com/ 
About True Global Ventures:
True Global Ventures is a global venture capital firm with a focus on technology-driven businesses, particularly in AI, blockchain, and other disruptive industries. The TGV Opportunity Fund invests in late-stage technology companies with the potential to drive transformative change. With a strong track record of supporting AI-driven ventures, TGV helps businesses deliver meaningful impact across industries.
www.tgv4plus.com
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Wondershare Virbo 3.0 Unveils Advanced AI Features to Revolutionize Social Media Marketing for Businesses

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VANCOUVER, BC, Oct. 20, 2024 /PRNewswire/ — Wondershare, a global leader in creativity software solutions, is proud to annouce the launch of Wondershare Virbo 3.0, the latest iteration of its AI avatar video generation platform. This major update introduces three powerful innovative tools: AI montage maker, URL to video, and AI clip maker, enabling users to quickly create high-quality, engaging videos from existing content with no technical expertise required.

By leveraging advanced AI capabilities, Virbo 3.0 is designed to meet the needs of businesses and e-commerce sellers aiming to streamline their social media marketing efforts. Addressing key challenges like content creation, multilingual support, and seamless social media distribution, Virbo 3.0 eliminates technical barriers, increasing accessibility and improving efficiency in video production. This release also underscores the growing role of AI in content innovation, providing creators worldwide with powerful new tools for expression and inspiration.
Key Upgrades for Virbo include:
AI Montage Maker
The AI Montage Maker enables users to craft professional-grade montage videos in just a few clicks. By simply dragging and dropping assets like video clips, photos, and music, Virbo’s AI enhances visuals with dynamic storytelling, stylish layouts, effects, and animations. Even without editing experience, users can produce captivating videos suitable for product launches, event recaps, and social media campaigns, ready to share across platforms like Instagram, TikTok, and YouTube.
URL to Video
The new “URL to Video” feature allows users to effortlessly convert product links or webpage URLs into engaging videos. With AI-driven automation, Virbo extracts key information from platforms to generate professional-quality videos with scripts, captions, and voiceovers. Users can customize their videos with virtual avatars and choose from over 90 languages, enabling targeted and localized marketing that resonates with global audiences.
AI Clip Maker
The new feature utilizes AI to automatically extract highlight reels from long videos such as webinars, podcasts, and tutorials, transforming them into engaging, shareable clips tailored for social media. With intelligent subtitle matching, sound effects, stickers, and transitions, the tool helps businesses repurpose long-form content into dynamic, attention-grabbing videos that boost engagement across multiple social platforms.
Designed for businesses and content creators looking to create compelling videos quickly and effortlessly, Virbo features cutting-edge tools including AI photo animator, AI voiceover, text to video, AI script, AI video translator. Meanwhile, Virbo offers over 350 AI Avatars, 300+ AI voices, 300+ professional templates, and a vast library of royalty-free stock music, enabling users to craft personalized, dynamic content at a fraction of the cost.
Compatibility and Price
Wondershare Virbo is available on the Web, iOS, Android, and Desktop, with subscription plans starting at $19.9 per month. For free trials and downloads, please visit our official website or app store. Stay updated by following us on Instagram, YouTube, Twitter, TikTok, and Discord to learn more about Virbo.
About Wondershare
Wondershare is a globally recognized software company known for innovative solutions in creativity and productivity. It has received awards from organizations like The Shorty Awards, G2, and GetApp. With over 100 million users in 200 countries and regions, Wondershare offers software for video editing, PDF editing, diagram editing, data recovery, including Wondershare Filmora, Wondershare PDFelement, Wondershare EdrawMax, Wondershare EdrawMind, and more, empowering individuals to pursue their passions and foster creativity.
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Global Health Exhibition Opens its Doors Tomorrow to Record-Breaking 100,000+ Attendees to World’s Premier Healthcare Transformation Event

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Kingdom of Saudi Arabia opens the Global Health Exhibition (21-23 October 2024) tomorrow, a major international healthcare event with 100,000+ health and patient care stakeholders in attendance alongside over 1,200 exhibiting companies and brands, including Abbott, Baxter, Siemens, Zimmer Biomet, Johnson & Johnson and many moreExhibition features over 500 expert speakers across five healthcare disciplines, introducing frontier-pushing medical technology alongside 100 hours of accredited CME opportunities for medical professionals; as well as openings for healthcare startup businesses to capture the attention of investorsExhibition will offer attendees exposure to the latest artificial intelligence (AI) solutions being introduced to healthcare services, designed to transform the global medicine landscape alongside the latest augmented and virtual reality medical technologyExhibition sponsors include Saudi Commission for Health Specialities as the Strategic Partner; Health Holding, NUPCO, Mobily and Lean as Foundation Partners; STC as Digital Enabler; and Dallah Health and Tawuniya as Diamond SponsorsThe 7th Edition of the Global Health Exhibition is now set to become one of the top three most-attended healthcare forums worldwideMALHAM, Saudi Arabia, Oct. 20, 2024 /PRNewswire/ — Tahaluf, organizers of the Global Health Exhibition, today announced advance registrations for the event opening in Riyadh tomorrow have surpassed expected attendance, making the international exhibition a major moment in the global healthcare professional and industry calendar.

The three-day exhibition, taking place in Malham, Riyadh under the patronage of the Saudi Arabia Ministry of Health, has more than doubled in size from its previous 2023 event, giving attendees access to an unprecedented number of world-leading healthcare and medical experts including Jeff Immelt, former CEO of General Electric and Venture Partner at New Enterprise Associates, Dr Mehmood Khan, CEO, Hevolution Foundation Saudi Arabia; Prof. Catherine Green OBE, Head of the Clinical BioManufacturing Facility at the University of Oxford; Dr Beth Healey, expedition doctor for National Geographic, clinical director at the University Hospitals of Geneva and former research MD for the European Space Agency; Dr Mariam Al Rashed Mehairbi, Regional Chief Medical Officer, Al Dhafra Hospitals; Dr Jose Pedro Almeida, a Chief AI Strategist and advisor, and one of the World’s Top 70 Global Health AI Brains and Dr Mohammad Al-Haddad MD, MSc, FASGE, FACG, AGAF, Division Director and Professor of Medicine at the IU School of Medicine. They will be joined by impressive Saudi leaders and healthcare experts including His Excellency Fahad bin Abdurrahman Al-Jalajel, Minister, Ministry of Health, Saudi Arabia;  Dr Aws bin Ibrahim Al-Shamsan, Secretary General, Saudi Commission for Health Specialities (SCFHS) and Fahad M. Alshebel, CEO, NUPCO.
The Exhibition’s sponsors include Saudi Commission for Health Specialities as the Strategic Partner, Health Holding, NUPCO, Mobily and Lean as Foundation Partners, STC as Digital Enabler and Dallah Health and Tawuniya as Diamond Sponsors.
Experts will discuss boundary-pushing trends in AI and digital technology set to evolve the global healthcare landscape, under its organizing theme ‘Invest in Health’.
“The Saudi Commission for Health Specialties (SCFHS) is steadfast in its mission to redefine healthcare education through the integration of innovative strategies and state-of-the-art technologies,” said Professor Aws Al-Shamsan, Secretary-General, Saudi Commission for Health Specialties.
“At the 2024 Global Health Exhibition, themed ‘Invest in Health’, we are championing the development of AI-powered training modules and systems designed to equip practitioners with the advanced skills and expertise necessary to navigate the complexities of a rapidly evolving healthcare landscape”, he continued. “By harnessing AI-driven insights, healthcare practitioners can improve patient care and optimize operational efficiency, ensuring they are well-prepared for the future of the industry.”
The Global Health Exhibition will comprise of five specific conferences along with exclusive masterclasses for attendees.
The Leaders’ Summit will host 1,000 delegates daily, featuring major announcements, ministerial sessions outlining the future vision for Saudi Arabia’s healthcare sector, and insights from innovators, changemakers, international policymakers, and leading global industry CEOs. Speakers will include leaders from the Africa Centre for Diseases Control and Prevention, Mayo Clinic, University of Oxford, Mass General Brigham, World Health Organisation, Dana-Farber Cancer Institute, the NHS and The Organisation for Economic Co-operation and Development.
A Medical Excellence Forum will cover technical advancements in clinical laboratory practices and diagnostics, the personalization of medicine to improve patient outcomes, and strategies for attracting and retaining healthcare talent for excellence in nursing and workforce. The forum will hear from Bumrungrad Hospital International, Johnson & Johnson Innovative Medicine, Philips, Massachusetts General Hospital, Harvard Medical School, University Health Network Canada and Siemens Healthineers. Insights will be aimed at a diverse audience of healthcare professionals from clinicians, doctors and nurses through to diagnostic imaging specialists and surgeons.
A new Digital Health Forum driven by Saudi Arabia’s Vision 2030 to advance digital healthcare solutions will explore the optimization of healthcare intelligence including the transformative potential of AI diagnostics, the leveraging of health data insights to enhance patient outcomes, and the future of technology roadmaps to assist healthcare providers to offer patient-centric personalized care. Speakers will include experts from Northwell Health, Great Ormond Street Hospital, NHS Trusts, John Hopkins, Health Innovation Kent, M42 and Operose Health.
An Investor Forum will offer attendees the opportunity to explore the emerging global healthcare investment in Saudi Arabia. It will highlight the future investment and development strategies and prospects aligned with Vision 2030, highlight the current innovations in healthcare technology across vaccines, pharmaceuticals and healthcare devices, and explore the strengthening of the global healthcare supply chain. The forum will hear from 30+ investor speakers, including leaders from Bayer, Deerfield Management, ABRA Ventures, the Ministry of Investment, Seafund, Candesic and Hitachi Ventures.
A Health Transformation Forum will draw on technological advancements in promoting patient safety, accuracy and diagnostic outcomes across the three days. Day one will partner with the Saudi Patient Safety Centre to tackle the challenges, strategies and innovations involved in enhancing diagnostic safety; day two will partner with the Saudi Commission for Health Specialities to cover innovations in medical examinations, optimization in healthcare regulation, and cutting-edge accreditation processes, including virtual health hospitals, and day three will partner with The Centre for Value in Health to measure value by combining quantitative data with qualitative insights to drive better health outcomes.
The exhibition will also offer free exclusive masterclasses for attendees, including The Future Innovation of Diagnostics in Saudi Arabia hosted by Danaher, Building Next-Generation Healthcare Systems hosted by FTI Consulting, and Precision Exposomics / Genomics: Breakthrough Technology hosted by Novo Genomics. This will run alongside 100 hours of accredited CME workshops for medical professionals amongst attendees.
“Interest in this year’s Global Health Exhibition has significantly exceeded expectations and we are excited to be bringing such a vast array of healthcare talent, competence and passion to Riyadh for three days of interactive engagement,” said Rachel Sturgess, Group Director, Tahaluf.
“With a dual focus on the needs of medical professionals who care for patients daily and the booming health industry sector’s growing investment in Saudi Arabia, the stage is set for a pivotal moment in world medicine as we collectively reimagine what’s possible across digital and remote health provision, industry innovation and world class healthcare systems. It’s a unique opportunity for collaboration, to adapt best practice, and explore innovative solutions for tackling disease prevention, encouraging accessibility to the best health services and championing technology-driven innovation, with the aim of accelerating transformation in global healthcare and outcomes for patients.”
The event will also unveil the winners of the Vision NextGen competition, where startup health businesses will compete for a cash prize of a minimum of 100,000 SAR, incubation in the Regulatory Sandbox where 18 government and semi-government collaborate to enable innovation in healthcare, an exhibition booth at next year’s Global Health Exhibition, and invaluable networking opportunities. The Vision NextGen competition semi-finalists include a range of impressive and innovative healthcare businesses such as NoorDx Diagnostics and Discovery, RobotDreams, StoreGene, Stabilis Medical and Thriving.AI.
The increasing demand for healthcare services in Saudi Arabia is fuelling a need for advanced medical and healthcare services, offering vast market potential for global companies. The country is focusing on adopting cutting-edge technologies such as a strategic hub for reaching other emerging markets in the region, while their pharmaceutical market is expected to grow to $15.9 billion by 2027, driven by the $65 billion investment into healthcare infrastructure. Saudi Arabia contributes 60% of the GCC’s healthcare expenditure and is projected to see a 65% increase in private sector healthcare investment by 2030. The Global Health Exhibition is the gateway into Saudi Arabia’s booming healthcare market for the international healthcare world.
Registration information for Global Health Exhibition 2024 can be found at the following link: Global Health Exhibition (globalhealthsaudi.com)

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GITEX GLOBAL concludes, reinforcing its status as the world’s largest and most dominant technology event

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AI takes centre stage, setting new benchmarks for innovation and global collaborationDUBAI, UAE, Oct. 19, 2024 /PRNewswire/ — GITEX GLOBAL 2024 concluded on Friday, underscoring AI’s pivotal role as a transformative tool that will continue to reshape industries and drive business and economic growth globally.

For the final time this week, 6,500 exhibitors, 1,800 startups, and 1,200 investors, alongside governments from more than 180 countries—marking the highest-ever international participation—gathered in Dubai, along with 200,000 visitors, solidifying the city’s reputation as a premier global hub.
The unparalleled event brought together the most influential names in technology from every corner of the globe, further cementing its position as the world’s largest and most impactful tech gathering.
This 44th edition of GITEX GLOBAL, held under the theme of ‘Global Collaboration to Forge a Future AI Economy’, not only set new benchmarks for innovation and business opportunities but also reinforced the event’s critical role in shaping a technology landscape increasingly defined by AI adoption.
Over the five days, numerous Memorandum of Understanding agreements were announced, with these strategic deals set to accelerate the growth of the global AI market, projected to reach USD $1,339.1 billion by 2030, according to Markets and Markets.
With the inclusion of over 40% new nations – including South Africa, Puerto Rico, Vietnam, alongside Europe’s largest-ever presence – GITEX GLOBAL has paved the way to forge new cross-regional partnerships between leading and emerging tech nations that will accelerate the growth of the AI ecosystem even further.
Each day of the mega event focused on different themes – investment, cybersecurity, data centres, futuristic tech, and AI, reflecting the central pillars of the digital economy.
With the UAE welcoming the global ecosystem, GITEX GLOBAL has enhanced its position of being at the forefront of redefining the world’s digital landscape with many organisations praising the impact of the event and its focus on key trends.
Key Industry Impact and Strategic Outcomes at GITEX GLOBAL 2024
This week, top global players such as Oracle, Dell Technologies, and Microsoft, amongst several others, made significant strides in showcasing their latest innovations in AI, cloud, cybersecurity, edge computing, and other technologies. The event catalysed these industry giants to forge new partnerships, drive technological advancements, and contribute to the future of the global digital economy.
Nick Redshaw, Senior Vice President of Tech Cloud, Middle East and Africa, and UAE Country Leader at Oracle, highlighted the company’s commitment to supporting the UAE’s AI vision and how GITEX GLOBAL 2024 was pivotal for Oracle’s AI and cloud innovations. He said: “At GITEX, we celebrated 35 years of supporting the UAE’s growth ambitions with state-of-the-art local cloud infrastructure, latest cloud technologies, developing top talent, and expanding our local presence. Industry-leading Artificial Intelligence (AI) and multi cloud innovation that is geared to solve complex business challenges in every industry, and help accelerate the UAE and wider Middle East’s AI economy was Oracle’s key focus at GITEX GLOBAL 2024.”
At the event, Oracle announced significant collaborations, with the Mohammed Bin Rashid Housing Establishment to accelerate Dubai’s housing strategy using Oracle Cloud Infrastructure, and with Mashreq Bank to support its global expansion. These partnerships highlight how GITEX GLOBAL serves as a premier platform for unveiling strategic innovations and driving digital transformation across the region.
Dell Technologies was another tech giant to have a presence and reap the benefits of participating at GITEX GLOBAL. Mohammed Amin, Senior Vice President, CEEMETA, Dell Technologies, said: “Over the last four decades, GITEX GLOBAL has been a catalyst for advancing technological innovation across the Middle East region. Dell Technologies has been a part of this growth for more than 30 years and being at GITEX allows us to connect with regional decision-makers and support them in navigating today’s rapidly changing business environment.
“This week, we had many encouraging discussions around the Dell AI Factory offerings. Our conversations with our regional customers revealed a strong commitment to AI. They have a clear vision and a solid strategy and are actively implementing innovative AI solutions to drive their business forward. At Dell, we are at the epicenter of our customers’ AI innovations and take pride in helping them become future forward in their AI journeys.”
Meanwhile, Microsoft capitalised on GITEX GLOBAL to highlight its impactful initiatives to enhance the global digital economy. Naim Yazbeck, General Manager of Microsoft UAE, stated: “We are proud to have shared the results of our latest Cloud Dividend Snapshot report for the UAE, which underscores the critical role our globally trusted cloud ecosystem plays in driving economic growth and job creation across the nation. Additionally, our announcement of the AI National Skilling Initiative, launched at the show in partnership with key government departments, demonstrates our commitment to empowering individuals and organizations with the skills needed to thrive in the new AI era. I’m confident we will continue to witness strong business impact from GITEX Global for months to come.”
Catalysing Change Through Strategic Dialogues on Global Digital Transformation
This edition of GITEX GLOBAL served as a strategic platform to address pressing challenges and opportunities of AI, focusing on its application across critical sectors that shape the global digital future.
The event featured the first-ever World Future Economy Digital Leaders Summit and the debut of GITEX Editions, spotlighting innovation, connecting top global unicorns, and fostering dialogue on AI regulation, economic strategies, and digital finance.
Cybersecurity emerged as a key topic, emphasising the need to secure digital infrastructure amid evolving cyber threats. Future mobility took centre stage, showcasing next-generation innovations like autonomous vehicles, electric vertical take-off and landing (eVTOL) aircraft, and AI advancements in the auto-tech industry.
AI’s role in the development of hyperscale, modular, and edge data centers was a significant focus, reflecting the burgeoning demand for scalable solutions and the region’s rise as a hub for AI-powered data infrastructure. GITEX DIGI_HEALTH 5.0 also gathered industry leaders to explore how AI is revolutionizing patient care and reshaping the future of healthcare, highlighting the technology’s transformative potential in delivering improved outcomes.
Other discussions revolved around 5G and intelligent connectivity, EdTech, digital cities, and energy transitions. Together, these conferences showcased critical dialogues shaping the future of digital transformation on a global scale, featuring insights from industry visionaries – such as Jong-Soo Choi, CTO of Samsung Medical Centre in South Korea, Stéphane Ouaki Head of Department at the European Innovation Council (EIC), Dr. Mark Sagar, Co-Founder of Soul Machines from New Zealand, Heman Bekele, TIME’s 2024 Kid of the Year, Valentyn S. Volkov, PhD, co-founder of XPANCEO, and renowned cybersecurity figure, Dr. Diane  Janosek, who served legal, policy & executive roles at the National Security Agency, White House & the Pentagon. Additionally, GITEX GLOBAL brought together ethical hacker, Inti De Ceukelaire, and Brett Johnson.
What’s Next?
GITEX GLOBAL is seamlessly connecting the world’s largest network of tech events. with upcoming GITEX AFRICA Morocco from 14-16 April and GITEX ASIA Singapore on 23-25 April. Following these, GITEX EUROPE Berlin will take place from 21-23 May 2025, leading to the debut of GITEX NIGERIA in September 2025, all part of its expanding portfolio. Each of these events will foster collaboration and drive innovation, shaping the tech landscape of tomorrow.
Looking ahead, GITEX GLOBAL is set to take place from 13-17 October 2025, promising another year of heightened innovation and cross-collaboration within the tech industry. In 2026, GITEX GLOBAL will relocate to Expo City Dubai, further expanding its reach and impact.
More information on GITEX GLOBAL, please visit www.gitex.com
Follow GITEX GLOBAL on social media: Facebook  |  Instagram  |  X  |  LinkedIn  |  Youtube
Hashtag: #GITEXGLOBAL
About GITEX GLOBAL
GITEX GLOBAL, the world’s largest tech event, is returning for its 44th edition at Dubai World Trade Centre from 14-18 October 2024. The 2024 edition will feature 6,500 exhibitors, and welcome 200,000 tech executives from 180 countries, converging the best minds, future-focused government leaders, and the most visionary enterprises and start-ups to scrutinise, challenge, define, and empower the digital agendas of the world. Independently rated globally as the world’s best tech show, GITEX GLOBAL’s continued expansion is amplified by the launch of GITEX EUROPE Berlin, GITEX ASIA Singapore, and GITEX NIGERIA in 2025, as well as the growth of GITEX AFRICA Morocco leading up to its third record-breaking edition. More information: www.gitex.com
About Dubai World Trade Centre
A global business facilitator since 1979, Dubai World Trade Centre (DWTC) is home to the region’s leading purpose-built convention and exhibition centre. DWTC provides a platform for connecting people, products, innovation and ideas from around the world through a dynamic calendar of international trade exhibitions and its own roster of sector leading mega events. As a designated free zone, complemented by award-winning commercial real estate, DWTC plays an integral role in Dubai and the region’s growth story. Since its inauguration, DWTC has hosted over 6,000 events, with an estimated economic output of AED 248 billion, attracting over 38 million business visitors to Dubai.
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