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Almaty, The Republic of Kazakhstan, Mar 10, 2022 - (ACN Newswire) - Bank Freedom Finance Kazakhstan JSC announces they have digitized mortgage loan by 90%. At the same time in leading countries such as Finland, South Korea, Sweden, USA the level of digitalization of mortgage products reaches just over 30%. In the UK, it is 55%.

The UN's 2020 study examined 193 countries in terms of their level of e-government development (E-Government Development Index). This index consists of the arithmetic mean of three indicators: the breadth and quality of online services, the level of development of telecommunications infrastructure and the amount of human capital.

Denmark, South Korea, Estonia, Finland, Australia, Sweden, Great Britain, New Zealand, the United States and the Netherlands are at the top of the list of most digitized countries. Kazakhstan was ranked 29th, with first place among the CIS countries.

To understand the level of digitalization of the mortgage loan process, the top banks in the above countries were studied in terms of digitalization. The following mortgage origination steps were considered and tested: application - pre-approval – real estate valuing - decision - deal execution - signing of documents - registration of a pledge - disbursement in the moment - post-service. The analysis showed that the international examples used a hybrid scheme - where online processes are combined with offline ones.

In Kazakhstan's digital mortgage, all stages are digitized except for the last one, when a meeting with a notary is required to sign the Purchase and Sale Agreement. This cannot be done remotely under the Law of the Republic of Kazakhstan. But even with the last step, mortgage processing takes a day. No paper documents are required - the system itself collects them from state databases, the real estate valuing is done online, the pledge is registered remotely, and an electronic digital signature can be issued in the process.

Media Contact
Brand: Bank Freedom Finance Kazakhstan JSC
Contact: Rakhilya Mirzalimova, Head of PR department
E-Mail: rm@bankffin.kz
Telephone: +77017680566
Website: https://bankffin.kz/

SOURCE: Bank Freedom Finance Kazakhstan JSC

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

HONG KONG, Mar 9, 2022 - (ACN Newswire) - AAC Technologies Holdings Inc. ("AAC", HKEx: 2018), the world-leading solutions provider for smart devices, and Dispelix, the leader in see-through waveguide displays for AR & MR wearables, announced a strategic partnership on March 8, 2022 HKT, to ensure the AR & MR wearables industry has access to the highest quality see-through waveguide displays in the world.

With the announcement, AAC becomes one of Dispelix's strategic partners for mass manufacturing of Dispelix's see-through waveguide displays to support the growing global demand associated with the Augmented Reality (AR) and Mixed Reality (MR) wearables markets. The companies are working together to provide the highest quality waveguide displays designed to deliver industry-leading form factor, image quality and clarity performance for all customers globally.

The win-win partnership brings together AAC's unparalleled expertise in wafer-level optics mass manufacturing and Dispelix's unique waveguide technology.

Dr. Antonino F. Parrinello, Head of Corporate Development of AAC, said, "We are delighted to join Dispelix in their path toward deployment of high-end AR solutions to the consumer market. This partnership will leverage the full potential of AAC's unique manufacturing platform and global operations to support all customers engaged in the development of system-level solutions enabled by Dispelix unique technology. AAC considers this moment of rapid growth of the AR/MR market as an important opportunity to deliver strategic value for our customers and to continue to strengthen our position as a global leader in the precision optics space".

Antti Sunnari, CEO of Dispelix, said "We're delighted to announce our partnership with AAC, one of the very few mass-manufacturers of high precision miniaturized optical components for high-volume consumer applications. AAC's proven expertise in ramping up, scaling, and efficiently operating novel and highly complex wafer-level manufacturing processes for mass-customized optical components adds a completely new dimension to our offering. The partnership will ensure strength & competitive edge for customers of both companies with highly manufacturable waveguide display solutions featuring unmatched performance and quality." "Any organization developing an AR or MR wearable, understands the quality of the display is critical because without a high quality display their wearable will be a failure in the eyes of consumers."

About AAC Technologies
AAC Technologies Group is the world's leading solutions provider for smart devices with cutting-edge technologies in materials research, simulation, algorithms, design, automation and process development. The Group provides advanced miniaturized and proprietary technology solutions in Acoustics, Optics, Electromagnetic Drives and Precision Mechanics, MEMS, Radio Frequency and Antenna for applications in the consumer electronics and automotive markets. The Group has 32 offices in Asia-Pacific area, Europe and US, 13 production sites in China, Czech Republic, Malaysia, and Vietnam, and 19 R&D centers in China, US, Finland, Denmark, UK, South Korea, Japan and Singapore.

About Dispelix
Dispelix is a waveguide designer and manufacturer that delivers visionary augmented and mixed reality see-through displays for consumer and enterprise solutions. Its patented DPX waveguides unlock new freedoms in AR product design with unmatched image quality, performance, and efficiency. Led by the world's most sought-after experts in optics, photonics, and manufacturing, Dispelix powers AR experiences that push boundaries. Dispelix is headquartered in Finland, with offices in US, China, and Taiwan. Learn more at dispelix.com.


Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comAAC Technologies Holdings Inc. ("AAC", HKEx: 2018), the world-leading solutions provider for smart devices, and Dispelix, the leader in see-through waveguide displays for AR & MR wearables, announced a strategic partnership on March 8, 2022 HKT, to ensure the AR & MR wearables industry has access to the highest quality see-through waveguide displays in the world.

BRUSSELS, BELGIUM, Mar 9, 2022 - (JCN Newswire) - Like everyone around the world, Toyota is watching the ongoing developments in Ukraine with great concern for the safety of people of Ukraine and hopes for a safe return to peace as soon as possible.

Toyota has started to provide humanitarian assistance to those who are suffering. This includes direct assistance to Toyota's Ukrainian employees and their families and to Ukrainian refugees, as well as corporate donations up to approximately 2.5 million euros.

1. Support for Ukrainian employees and their families

- More than 1700 Ukrainian employees work in Toyota's European entities, mainly in countries neighbouring Ukraine, such as the production plants in the Czech Republic (TMMCZ) and Poland (TMMP). Since the early days of the conflict, Toyota employees at TMMCZ and TMMP, with company support, set up transportation, shelter, and access to medical services, as well as administrative support to families of Ukrainian employees forced to flee Ukraine.

- A Toyota Humanitarian Aid Fund was established to provide relocation support, including accommodation and meals, to Ukrainian employees and their families. Employees of Toyota throughout Europe can make donations to this fund, which will be matched by the company.

2. Support for the affected populations in Ukraine and countries in the region

a) Donations to the Red Cross and UNHCR, the UN Refugee Agency

- Toyota Motor Corporation (Japan) will donate 500,000 euros to UNHCR.

- In addition to the Toyota Humanitarian Aid Fund, employees of Toyota's European entities (national distributors, manufacturing plants, and other support companies) are encouraged to donate through a pan-European fundraising campaign to either the Red Cross or UNHCR.

- For donations by employees to either the corporate fund or the Red Cross and UNHCR, every euro donated through the campaign will be quadrupled through a corporate donation of maximum two million euros by a group of Toyota's European entities: Toyota Motor Europe, Toyota Financial Services, Toyota Insurance Management, Toyota Connected Europe, and KINTO Europe.

b) In-kind donations and employee pro-bono activities

- Toyota employees are also volunteering their support for the provision of temporary housing in Poland, Hungary, Slovakia, Romania, and other countries, and to provide language interpretation for refugees.

- To further enable the above, Toyota Motor Europe (TME) is allowing up to 40 paid hours per member to participate in these activities via its pro-bono volunteering program

- Several employees of Toyota in Europe are also working full-time to help organise a scheme matching refugees with hosts and on logistics.

Toyota Motor Europe is responsible for all Western, Central and Eastern European countries including Turkey and Russia as well as Israel and a number of Central Asian markets (Armenia, Azerbaijan, Georgia, and Kazakhstan).


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comLike everyone around the world, Toyota is watching the ongoing developments in Ukraine with great concern for the safety of people of Ukraine and hopes for a safe return to peace as soon as possible.

Nauru Airlines has received its first Boeing 737-700 and launched a new livery that features Nauru’s iconic 12-pointed star, which represents the country’s tribes and people. The rest of the airline’s aircraft will be given the new livery in due […]