DataMesh Group deploying its payment technology to enable automatic least cost routing to eftpos’ Australian debit payment system. The Company sees $500 million per annum reduction in transaction fees for Australian merchants when fully implemented.

Sydney, Australia, October 6, 2020 -- Australian financial payment systems and software solutions provider, DataMesh Group (‘DataMesh’ or ‘the Company’) is pleased to announce it has developed a unique capability to automatically apply least cost routing (LCR) technology within Australia’s debit card payment system for its customers.

LCR allows for the best economic outcome for merchants on contactless (tap-and-go) debit card payments by sending them through the debit network that costs the least to accept. It enables a debit payment to be uniquely "flagged" as a specific debit card transaction and sent to the lowest cost debit network, resulting in the lowest cost fee structure for the merchant.

Without LCR, the transaction is sent to the default debit network programmed on the customer’s card, which may not be the lowest cost debit network, resulting in higher transaction costs for merchants.
Merchants will use DataMesh’s ground-breaking software to enable automatic selection of LCR for debit transactions, resulting in lower costs for merchants by routing through eftpos.

DataMesh’s software can read the card/phone/watch, decipher whether it’s a debit or credit payment and attach the relevant message to the transaction before it’s sent to eftpos via the acquirer (potentially any bank), which has awarded the transaction the applicable fee structure. Merchants are then charged the lowest payment fees on debit transactions.

The Sydney-based fintech is among the first companies to have found a way to automatically select LCR on a tap-and-go debit payment.

DataMesh’s software can be uploaded on existing hardware terminals, negating the need for merchant acquirers to buy new terminals, nor requirements for action by merchants or cardholders.

eftpos, the Australian Retailers Association (ARA), and retailers have been pushing for LCR, with the Reserve Bank of Australia (RBA) saying it will consider regulation if it’s not made widely available to merchants.

Currently, debit cards represent around 70 percent of all card transactions in Australia, so DataMesh LCR technology translates into significant transaction cost savings for merchants.

DataMesh Group CEO Mark Nagy said:
“The unique least cost routing capability developed by DataMesh is a massive win for Australian merchants, especially in this era of contactless payments.

“eftpos’ debit card network accounted for more than two billion cheque and savings transactions in 2019 worth around $130 billion. DataMesh is working with eftpos and other payments industry members in the push for least cost routing, and to bring down fees for merchants in what is a very challenging environment for retailers and consumers.

“Conservative estimates suggest a potential reduction in fees for merchants of up to $500 million dollars nationally per year if LCR was fully implemented.

“DataMesh LCR software is compatible with many legacy merchant terminals and most acquirers. We estimate more than half of card terminals in Australia are currently unable to fully support LCR, so our technology provides an effective solution and removes the need for acquirers to undertake costly hardware upgrades.”

DataMesh is focused on vastly improving and modernising merchants’ outdated backbone payment systems. It has developed solutions that not only fix current payment system issues for merchants but can increase their business efficiency through new and improved integrated technology.

Last month, the Company announced it had signed a major long-term agreement with national retail giant Peregrine Corporation under which DataMesh has become the company’s sole payments provider.

Peregrine is using DataMesh’s LCR capability through its acquirer to effect significant payment cost savings to its business, which had a reported annual turnover of $2.2 billion last year.

DataMesh’s software is fully developed in Australia, with all IP owned by DataMesh. DataMesh is Australian owned, and its technology is Australian built and operated.

DataMesh operates under PCI Standards Council and the Australian Payments Network regulations. DataMesh’s switching platform is EMV and PCI-DSS Level 1 certified for Card Present (CP) and Card Not Present (CNP) transactions.

About DataMesh Group:
DataMesh Group is focused on revolutionising the current payment systems available to Australian merchants, delivering integrated payment capabilities and valuable customer insights through bespoke payment and data processing solutions.

The Company’s proprietary financial switching platform (Unify™) has resolved payments technology and compliance issues for major retailers and their customers while maintaining robust relationships with banking and regulatory partners.

It is the world’s most modern and powerful cloud and terrestrial-based financial switching solution available on the market. DataMesh Group's suite of financial payment systems hardware, software, infrastructure and data analytics products provide streamlined, low cost and flexible payment solutions integrated to leading point-of-sale (POS) systems and various next-gen payment devices.

DataMesh technology enables retailers to design the experience they deliver to customers, creating a hub for commerce and data that merchants, acquirers, card schemes and third parties can use to achieve better business outcomes.

DataMesh operates under PCI Standards Council and the Australian Payments Network regulations.

DataMesh’s switching platform is EMV and PCI-DSS Level 1 certified for Card Present (CP) and Card Not Present (CNP) transactions. Data collected by its software is always safe and secure. www.datameshgroup.com

Contact:
Brooke Swartz
DataMesh Group
Barangaroo
Sydney NSW Australia
0426018076
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http://datameshgroup.com

Softline and Huawei Sign a Cooperation Agreement

LONDON, United Kingdom - October 06, 2020 - Softline and Huawei sign a cooperation agreement to strengthen their partnership.

This is a natural development of the long-term partnership between these two IT companies advancing it to its next level. The parties plan to join forces to power the Smart Hardhats developed by Softline with Huawei technology and Wi-Fi 6 solutions. The agreement envisages closer cooperation between partners in the hardware business development and extension of the special partnership options in order to boost sales of Huawei storage systems. The document was signed by Haijun Xiao, President of Eurasia Region Enterprise Business Group, and Sergey Chernovolenko, Global CEO of Softline, during the 2020 Huawei Digital Community Conference in Moscow.

The cooperation agreement proves the partners' willingness to consolidate their efforts to promote joint IT solutions and services and to implement new large-scale projects. In the future, this will help Softline get access to Huawei's cutting-edge technologies on special terms. In turn, customers will be able to purchase more competitive and advanced hardware solutions, in particular storage systems, at the best prices and with the shortest delivery terms. To develop joint products efficiently, Softline and Huawei plan to hold joint conferences and seminars regularly and provide analytical and expert customer support. The companies aim to increase the number of Huawei hardware implementation projects every year.

Huawei is a global IT leader that has been actively working in Russia’s carrier, corporate, and mobile markets for over 20 years. The first Huawei office outside of China was opened in 1997 in Russia. Today, there are 11 company branch offices throughout the country, from St. Petersburg to Vladivostok. Huawei hardware and services are popular among companies in all industries.

The history of cooperation between Softline and Huawei dates back to 2015. Softline has deep expertise in implementing Huawei products, such as hardware, applications, terminals, and network devices. Softline successfully implements solution integration projects not only in Russia, but also abroad. Softline has become a Gold Partner under the Huawei Enterprise partnership program due to its success in promoting Huawei equipment in Russia. Moreover, Softline is a Huawei Certified Service Partner for data transfer, power grids, and IP networks. This status confirms Softline engineers’ high qualifications and Softline service support infrastructure’s compliance to vendor requirements. The Huawei Certified Service Partner status guarantees the quality of service for the Huawei solutions implemented.

One of the most significant Softline projects on the integration of Huawei solutions is upgrading the networks of the largest federal retailer last year. Softline offered to use Huawei solutions in all the customer's distribution centers. Softline was named the best Huawei partner in Russia due to its performance in 2019 and was nominated for the Partner of the Year award.

"I am sure that the agreement will further strengthen our long-standing partnership and promote the demand for the products of one of the leading global telecom and hardware manufacturers and help us introduce new joint developments to the Russian market. Year after year, Softline has been improving its expertise and expanding the portfolio of Huawei products and industry-specific solutions. As a result, Huawei products provided by Softline meet a wide range of corporate and government customers' needs, enabling the implementation of even the most sophisticated projects,"—concluded Sergey Chernovolenko.

"We highly appreciate the cooperation with Softline, and its specialists have proven they are highly qualified by successfully implementing Huawei's advanced products and complex solutions. We are convinced that the expansion of our partnership in the areas identified today will allow us to jointly implement even more ambitious projects and achieve strategic goals in the Russian market,"—said Haijun Xiao.

About Softline

Softline is a trusted partner and reliable provider of state-of-the-art IT solutions and cybersecurity tools helping its customers undergo digital business transformation all over the world.

Softline operates in more than 50 countries in Eastern Europe and Central Asia, Latin America, and the APAC region. Alliances and partnerships with global IT vendors allow Softline to leverage the best practices and accumulate experience in implementing comprehensive projects. During the 2019 calendar year, the turnover of Softline Group was $1.54 billion.

Learn more about Softline at www.softline.com and www.softline.ru.

About Huawei

Huawei is a leading global provider of IT and communication solutions, which aims to enrich people's lives through communication. Through our innovative customer-oriented products and extensive partner network, we have achieved high results in the development of telecom networks, terminal solutions, and cloud computing systems. With 180,000 employees worldwide, Huawei is committed to facilitating the work of operators, enterprises, and end-users by providing competitive projects and services. One-third of the world's population uses our innovative products and services in 170+ countries. Huawei is a private, employee-owned company founded in 1987. In 1997, Russia became the first foreign market for Huawei. Learn more at https://e.huawei.com/ru/.

Huawei Enterprise

The Huawei Enterprise Business Group specializes in infrastructure projects for governmental and commercial organizations, aiming to enhance their efficiency through implementation of information and communication technologies. One of Huawei's priority tasks is to train professionals in network infrastructure, storage and analysis, cloud technology, machine learning, and artificial intelligence.

For more information, please visit www.softline.com

Contacts:

Valeriya Aver

Head of International Public Relations Department in Softline

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Audials AG is releasing “Audials 2021”, new music and video streaming recording software for Windows, on Audials.com. Thanks to enhanced functionality and numerous new features and improvements, the process of recording music and videos off streaming services is faster and more convenient than ever and always produces high-quality recordings. “Audials 2021” enables users for the first time in the world to record video streaming at double speed.

Audials 2021 thus satisfies the growing demand of millions of users for streaming recording solutions.

A world’s first: record video streaming at twice the speed

Audials 2021 enables video streaming from all major providers to be played back in web browsers at twice the speed. It then records movies and series in Full HD with no loss of quality. As of now, no other software is offering a comparable feature, making Audials a pioneer when it comes to providing users with an entirely new recording experience.

Save music streaming at an incredible speed

Music from all popular services can now be recorded at up to 30 times the speed. High-resolution audio is saved in lossless encoded file formats.

New Media Manager enhances music & movies experience

Thanks to the new Audials 2021 Media Manager, organizing huge collections of music and personal video libraries across multiple storage locations such as PC, smartphone, and the cloud is as easy as child's play.

Any changes made by the user to files are instantly displayed and processed in the background, providing unrivaled experience.

Numerous other innovative features and brand-new functions round off Audials 2021 perfectly.

Journalists and beta testers who tested the software prior to its release were highly impressed by Audials 2021.

Fast and powerful streaming recorder

With its newly designed interface, the flagship product Audials One 2021 offers users the chance to record streaming and organize their music and videos at a price of $79.90. To meet the demands for specific recording functionality, Audials is also releasing "Audials Music 2021", "Audials Movie 2021" and "Audials Radio 2021", each at a price of $39.90. The PC software is also complemented by improved free apps for Android and iOS.

Upon request, the company will provide licenses for test reports.

Press section: https://audials.com/en/press-center.html

Contact via email: This email address is being protected from spambots. You need JavaScript enabled to view it.

About Audials

Audials AG is a leading software company specialized in the recording of audio and video streaming. Audials technology has received numerous awards from the international specialized press and has been crowned the winner in public polls on multiple occasions. The products are available online at Audials.com or at specialist retailers. Audials One can also be obtained on a subscription basis exclusively on Audials.com. Audials software is optimized for Microsoft Windows (Windows 10, 8) and is also available as an app for smartphones and tablets running Android and iOS.

Audials AG
Erbprinzenstrasse 27
76133 Karlsruhe
Germany

Tel. +49721 6633880

Beachwood, Ohio, USA, October 6, 2020 -- A rare and unusual mosaic tabletop tile by Roy Lichtenstein climbed to $36,900, a circa 1910 Roycroft Ali Baba bench knocked down for $17,220 and a stunning 17th century English, Netherlands or Spanish School oil portrait of a Royal or Court Lady garnered $14,760 in an online-only Fine Art & Antiques auction held September 26th by Neue Auctions.

The auction featured traditional art and antiques, silver, jewelry, decorations and furnishings, pulled from prominent local estates and collections. Downsizing households presented some great opportunities for both new and established collectors. Internet bidding was provided by Liveauctioneers.com, Invaluable.com and Bidsquare.com. Phone and absentee bids were taken.

The mosaic tile by Roy Lichtenstein (American, 1923-1997) was executed by the artist in 1950 and was the sale’s top lot. Hand-set, unsigned and framed in walnut, the 14 ½ inch by 16 ¼ inch tile was not attached to a table base. It’s listed in Lichtenstein’s catalog raisonne and came out of a private collection in Cleveland, having been acquired by the consignor directly from the artist.

The early 20th century Roycroft Ali Baba bench featured a plank seat retaining bark to the underside and was presented on a trestle-style base joined by a mortise and tenon jointed stretcher. It had the Roycroft orb and cross on the leg. Roycroft was a reformist community of craft workers and artists that formed part of the Arts and Crafts movement in the United States.

The 17th century oil canvas laid on panel portrait of a Royal or Court Lady was unsigned and unframed, with a panel size of 27 inches by 22 inches. The painting had some in-painting to the face and lace ruff, plus some minor filling to craquelure, but that didn’t deter eager bidders who were dazzled by the sitter’s visage and the chance to own an antique artwork from the 1600s.

Following are additional highlights from the auction. Prices include a 23 percent buyer’s premium.

Paintings by noted, listed artists dominated the list of top lots. An oil on canvas signed and dated (1858) by the British artist James Webb (1825-1895), titled Thunder Clouds and impressive at 33 inches by 58 inches, brought $9,225; while an oil on artist’s board by Sergei Missan (Russian, 1926-1973), titled Still Life of Flowers, inscribed verso and framed, changed hands for $3,998.

An oil on canvas Still Life with Crystal Globe and Flowers, rendered in 1925 by the Cleveland School artist Clara Deike (1881-1964), one of three works by the artist in the auction, finished at $2,460. Also, a lithograph by Missouri artist Thomas Hart Benton (1889-1975) titled Morning Train, a heart-wrenching image of a soldier heading off to war, artist signed, fetched $2,337.

Three works by the French painter Jules Cavailles (1901-1997) made up a colorful section of the sale in the form of happy still lifes. One, titled Still Life with Vase of Flowers and Mask on Table (1935), realized $2,214. Also, an oil on canvas depiction of Venice Canal with Gondola by the French artist Joseph Antoine Bouvard (1840-1920), signed lower right and framed, hit $3,198.

A circa 1880 Regina upright automatic disc box, 5 feet 7 inches tall, with 20 15 ½ inch discs, in fine playing condition and housed in a cabinet that had been beautifully restored and refinished, rose to $9,225. Also, a fine Tabriz carpet, 13 feet 2 inches by 10 feet, made from blended silk and wool on cotton weft in the Sheikh Safi design with a floral medallion, gaveled for $2,829.

An assembled Art Nouveau bedroom suite attributed to Eugene Vallin, including a bed frame, large armoire, side table and chair, carved with leaves, buds and tendrils, last sold at Sotheby’s in London in 1996, went for $9,225; while a circa 1880 English George III inlaid mahogany linen press, 81 ½ inches tall and raised on bracket feet, rectangular form in two parts, made $2,829.

A Tuttle sterling silver flatware service in the Onslow pattern, with marks for four presidents (Ford, Carter, Nixon and Johnson), weighing a total 157.37 troy ounces, sold for $2,583. Also, a Bisbee Mountain turquoise squash blossom necklace, unsigned, about 15 inches long, boasting shaped and polished natural turquoise stones, bezel set into silver flower blossoms, hit $2,337.

Neue Auctions has three more auctions planned for the balance of 2020. The first will be a single-owner collection of lovely Art Deco pieces, titled Erte and Icart. After that is an auction titled Coach Me If You Can, a timed sale of over 100 lots of “new with tags” Coach bags and accessories. And finally, A Brave Neue World sale will be held in December (or in early 2021).

Neue Auctions invites everyone to be added to its email list to receive notifications and information regarding all current and future sales. For info, visit www.neueauctions.com.

About Neue Auctions:
Neue Auctions provides a bespoke experience for sellers and buyers, with items presented fully guaranteed and vetted, and combines regular online auctions with selected art exhibitions and educational opportunities. Offering consignment services for single items, estates and corporate collections, the firm assists clients in the complicated process of settling estates and general downsizing, working with private individuals, trusts, estates, museums, banks and attorneys. Neue Auctions continues the long-standing history and tradition of art collecting in Cleveland by bringing fine works of art to the market for sale, encouraging the current and next generation of collectors. Neue Auctions is accepting consignments for future sales. For purchases or inquiries about consigning, please call 216-245-6707; or send an email to This email address is being protected from spambots. You need JavaScript enabled to view it.. To learn more about Neue Auctions and the firm’s calendar of upcoming events, please visit www.neueauctions.com. Updates are posted frequently.

Media Contact:
Cynthia Maciejewski
Neue Auctions
23533 Mercantile Rd. #119
Beachwood, OH 44122 (USA)
216-245-6707
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http://www.neueauctions.com