Wednesday, February 4, 2026

LF Chooses Rimini Street to Optimize ERP Support, Drive Innovation and Transform the Business

 Leading South Korean lifestyle brand turns to Rimini Support™ for its Oracle and SAP enterprise systems to achieve cost savings, improve quality and responsiveness and fund innovation


(BUSINESS WIRE) -- Rimini Street, Inc., (Nasdaq: RMNI), the Software Support and Agentic AI ERP Company™, and the leading third-party support provider for Oracle, SAP and VMware software, today announced that LF, a leading lifestyle company in South Korea, has selected Rimini Support™ to optimize maintenance for SAP ECC 6.0 and Oracle Database systems. With Rimini Street, LF is enhancing operational stability and accelerating business innovation projects, leveraging cost savings achieved to fuel transformation.


LF’s Journey to Premium Support for Less


Founded in 1974, LF is a leader in South Korea’s fashion and lifestyle industry, operating a balanced brand portfolio across menswear, womenswear, casual, sports and outdoor, accessories, food and beverage, content, e-commerce and real estate finance. LF’s mission, “Life in Future,” reflects its commitment to enriching customer lifestyles through its curated goods.


Facing a rapidly changing market and escalating IT maintenance costs, LF partnered with Rimini Street to address the challenges of a major data center relocation and declining vendor support service quality. Under the previous vendor support model, maintenance costs increased annually while technical support quality and speed declined. LF decided that switching to Rimini Support for enterprise software support services was the optimal solution to reduce costs and improve quality at the same time.


Technical Excellence and Seamless, Unified Support with Rimini Street


LF runs Oracle databases and an SAP enterprise resource planning system that includes many internally developed custom business objects (CBOs). Consolidating support for multiple solutions under Rimini Street gives LF a unified model for resolving issues, optimizing performance and driving continuous improvement across its enterprise software landscape. During the company’s complex data center relocation, Rimini Street’s dedicated Primary Support Engineer (PSE) and onsite technical support provided prompt troubleshooting and expert guidance, ensuring uninterrupted operations even during peak transition periods.


Moving to Rimini Support aligned seamlessly with LF’s existing maintenance teams. LF was able to maintain its current systems more efficiently and maximize operational flexibility while expanding resources for business process optimization.


Quantifiable Impact and Strategic Business Transformation


Since moving to Rimini Street, LF has realized substantial and clear cost savings, freeing resources to focus on strategic IT investments. These savings have enabled LF to launch a comprehensive business process innovation initiative, including the optimization of its merchandise planning system and key ERP modules.


By streamlining operations and improving responsiveness to market trends, LF is accelerating its digital transformation with a focus on leveraging AI-driven insights and automation to enhance business competitiveness. This shift also has empowered LF’s IT and business teams to collaborate more closely on innovation, fostering a culture of continuous improvement.


“The implementation of Rimini Street has resulted in real and tangible cost savings, freeing us from the burden of current maintenance costs and giving us the opportunity to focus on strategic IT investments,” said Dongwon Lee, CIO of LF. “Rimini Street's support services are of better quality than vendor support and enabled a smooth transition without the need to change resources associated with maintenance. During a challenging project like the data center relocation, Rimini Street's prompt and professional support ensured stable system operations.”


Focusing on Strategic Business Innovation Projects with Cost Savings


LF will leverage the IT cost savings from Rimini Street to focus on several projects that will transform the company's core business processes. For example, the company plans on optimizing its merchandise planning system and key ERP modules to maximize business process efficiency and align them more closely with the company's strategic direction.


Going forward, LF will continue its strategy of optimizing existing systems and processes rather than adding new solutions. This will help LF maintain more effective IT operations, optimize costs across the enterprise, and further enhance business competitiveness.


“We are pleased to help leading companies like LF reduce their IT costs and focus on their core business with Rimini Street support services,” said Hyungwook Kim, GVP and Regional GM, Rimini Street Korea. “We will continue to help companies maximize the efficiency of their IT operations by providing customized support and optimal support services.”


About Rimini Street, Inc.


Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a proven, trusted global provider of end-to-end, mission-critical enterprise software support, managed services and innovative Agentic AI ERP solutions, and is the leading third-party support provider for Oracle, SAP and VMware software. The Company has signed thousands of IT service contracts with Fortune Global 100, Fortune 500, midmarket, public sector and government organizations who have leveraged the Rimini Smart Path™ methodology to achieve better operational outcomes, billions of US dollars in savings and fund AI and other innovation.


To learn more, please visit www.riministreet.com, and connect with Rimini Street on X, Facebook, Instagram, and LinkedIn.


Forward-Looking Statements


Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “anticipate,” “assume,” “believe,” “continue,” “could,” “currently,” “estimate,” “expect,” “forecast,” “future,” “intend,” “may,” “might,” “outlook,” “plan,” “possible,” “goal,” “potential,” “predict,” “project,” “seem,” “seek,” “should,” “will,” “would” or other similar words, phrases or expressions. These forward-looking statements include, but are not limited to, statements regarding our expectations of future events, future opportunities, global expansion and other growth initiatives and our investments in such initiatives. These statements are based on various assumptions and on the current expectations of management and are not predictions of actual performance, nor are these statements of historical facts. These statements are subject to a number of risks and uncertainties regarding Rimini Street’s business, and actual results may differ materially. These risks and uncertainties include, but are not limited to, litigation, agreements and Court orders involving Oracle, the wind down of support services for Oracle’s PeopleSoft software products and the impact on future period revenue and costs incurred related to these efforts; changes in the business environment in which Rimini Street operates, including the impact of macro-economic trends, geopolitical tensions and changes in foreign exchange rates, as well as general financial, economic, regulatory and political conditions affecting the industry in which we operate and the industries in which our clients operate; the evolution of the enterprise software management and support landscape and our ability to attract and retain clients and further penetrate our client base; significant competition in the software support services industry and our intentions with respect to our pricing model; customer adoption of our expanded portfolio of products and services and products and services we expect to introduce; our expectations regarding new product offerings, partnerships and alliance programs, including but not limited to our partnership with ServiceNow and our Agentic AI ERP innovation solutions; our ability to grow our revenue and accurately forecast revenue, along with the results of any efforts to manage costs to align with revenue expectations and expansion of our offerings; the expected impact of reductions in our workforce during the last and current fiscal year and associated reorganization costs; estimates of our total addressable market and expectations of client savings relative to use of other providers; variability of timing in our sales cycle; risks relating to retention rates, including our ability to accurately predict retention rates; the loss of one or more members of our management team; our ability to attract and retain additional qualified personnel; our business plan and ability to grow in the future and our ability to achieve and maintain profitability; the volatility of our stock price; our need and ability to raise equity or debt financing on favorable terms and our ability to generate cash flows from operations to help fund increased investment in our growth initiatives; risks associated with global operations; our ability to prevent unauthorized access to our information technology systems and other cybersecurity threats; any deficiencies associated with artificial intelligence (AI) technologies used by us or by our third-party vendors and service providers or incorporated by us into our service offerings and/or our Agentic AI ERP innovation solutions; our ability to protect the confidential information of our employees and clients and to comply with privacy regulations; our ability to maintain an effective system of internal control over financial reporting; our ability to maintain, protect and enhance our brand and intellectual property; changes in laws and regulations, including changes in tax laws or unfavorable outcomes of tax positions we take; tariff costs, including tariff relief or the ability to mitigate tariffs, in light of new or increased tariffs imposed by the United States government and the potential for retaliatory trade measures by affected countries; a failure by us to establish adequate tax reserves; adverse developments in and costs associated with defending pending litigation or any new litigation; our ability to realize benefits from our net operating losses; any negative impact of environmental, social and governance matters on our reputation or business and the exposure of our business to additional costs or risks from our reporting on such matters; our ability to maintain our good standing with the United States government and international governments, capture new contracts with governmental entities and maintain our status as an approved United States government contractor; our credit facility’s ongoing debt service obligations and financial and operational covenants on our business and related interest rate risk; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the amount and timing of repurchases, if any, under our stock repurchase program and our ability to enhance stockholder value through such program; uncertainty as to the long-term value of Rimini Street’s equity securities; catastrophic events that disrupt our business or that of our clients; and those discussed under the heading “Risk Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on October 30, 2025, and as updated from time to time by Rimini Street’s future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings by Rimini Street with the U.S. Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street’s expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street’s assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street’s assessments as of any date subsequent to the date of this communication.


© 2026 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.


 


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Contacts

Janet Ravin

VP, Marketing Communications

Rimini Street, Inc.

+1 702 285-3532

pr@riministreet.com


 

Toptal Ranked #1 Most Reliable Professional Services Company in America by Newsweek

 SAN FRANCISCO - Tuesday, 03. February 2026 AETOSWire 


(BUSINESS WIRE) -- Toptal, the world’s largest fully remote workforce, has been ranked the #1 most reliable professional services company in America on the America’s Most Reliable Companies 2026 list by Newsweek and Statista. The list ranks top US companies based on trust, dependability, and consistent performance in their industry.


In Newsweek’s ranking of 300 companies across all industries, Toptal took 10th place, right behind Bank of America and Oracle, which tied for 9th. As the most reliable professional services organization in America, Toptal, which ranked 11th in absolute rankings across all companies, placed well ahead of companies like Accenture (33), Deloitte (39), and Cognizant (66).


The America’s Most Reliable Companies 2026 ranking is based on an independent survey of more than 80,000 evaluations submitted by 2,400 business decision-makers at America’s largest companies, including Apple, Dropbox, Johnson & Johnson, and UPS, making this recognition an especially meaningful indicator of product and service excellence in the B2B marketplace. Companies were assessed across five key metrics: likelihood of recommendation, ease of doing business, value for money, consistency of deliverables, and reputation for dependability. The ranking recognizes organizations that deliver reliable and consistent outcomes.


“Trust and reliability are core to everything we do at Toptal,” said Taso Du Val, CEO of Toptal. “Being ranked as America’s most reliable professional services company reinforces our continued commitment to delivering exceptional experiences and outcomes for clients of all sizes. This achievement reflects the trust global organizations place in Toptal as a dependable partner for top talent and strategic execution.”


Toptal stands out for its quality professional services offerings across tech services, AI services, data labeling and annotation, management consulting, managed services, and more—all executed by the top 3% of the world’s talent.


In securing its position on the list alongside global brands, Toptal’s performance highlights the company’s mission to empower organizations with a relentless focus on reliability, trust, and long-term client value.


About Toptal


Toptal is the world’s largest fully remote workforce that connects businesses with the top 3% of freelance talent, enabling companies to scale their teams on demand. Founded in 2010, Toptal has served more than 30,000 clients across more than 140 countries. For more information, please visit Toptal.com.


 


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Contacts

Luiz Baia

SVP of Marketing Strategy

luiz.baia@toptal.com

Visa Direct and UnionPay International Will Extend Global Money Movement Network to Billions of Cards in Chinese Mainland

 By connecting Visa Direct’s card network to UnionPay International’s (UPI) MoneyExpress platform, Visa Direct will unlock real‑time1 cross‑border money movement in one of the world’s largest remittance corridors


 


(BUSINESS WIRE)--At Web Summit Qatar, Visa (NYSE:V) and UnionPay International (UPI) announced an agreement to enable cross-border money movement into Chinese Mainland through Visa Direct. Once fully rolled out, clients will be able to send cross-border remittances and business-to-consumer payouts to more than 95 percent of UnionPay International debit cardholders in Chinese Mainland, through a single connection.


By connecting Visa Direct’s global money movement network to UPI’s MoneyExpress platform, Visa will provide a more seamless, secure, and transparent way for consumers and businesses worldwide to send money into Chinese Mainland, one of the world’s largest remittance destinations. This milestone showcases Visa’s commitment to opening global corridors and extending reliable money movement capabilities to people and businesses worldwide.


“Global business now moves at internet speed, but money hasn’t always kept pace,” said Vira Platonova, Global Head of Visa Direct. “By expanding Visa Direct’s reach through UnionPay International, we’re shrinking the world again – not through tests or theory, but through real, critical infrastructure operating at massive scale, speed and reliability.”


The connection will support a broad set of cross‑border use cases, including creator and freelancer payouts, contractor disbursements, reimbursements, and family remittances. As platforms, marketplaces and employers operate without borders, these payments and payouts increasingly require the ability to reliably reach people using global scale and real‑time delivery.


“Cross‑border remittances are a key livelihood link connecting personal life, economic activity, and financial needs across borders, and are an important part of UnionPay’s international strategy,” said Larry Wang, CEO of UnionPay International. "This cooperation with Visa represents a precise alignment of the two sides’ strengths and is also an active response to the digitalization and convenience trends in global cross‑border remittances. It will allow more overseas users to enjoy low‑cost, high‑efficiency, and trustworthy cross‑border remittance services, while delivering business growth to partners at home and abroad and supporting the development of a broader, more efficient global cross‑border remittance service ecosystem."


Visa Direct continues to scale as a foundational layer of the global economy – helping clients unlock new markets, improve liquidity, and deliver faster, more predictable payment experiences worldwide. The expanded Visa Direct connection to UnionPay International is expected to be available starting in the first half of 2026.


“Whether it’s a creator getting paid, a contractor receiving earnings or a family sending support across borders, reach and reassurance are everything,” added Platonova. “Expanding Visa Direct into one of the world’s largest, most complex markets will bring that trust to life at scale, where reliability and reach matter most.”


About Visa Inc.


Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, sellers, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.


____________________


1 Availability and speed of funds vary by receiving institution and region and may be subject to regulatory and compliance checks.


 


 


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Contacts

Media Contacts:

Aaron Gould, aagould@visa.com

Tuesday, February 3, 2026

TestMu AI (Formerly LambdaTest) Recognized in Independent Research on Autonomous Testing Platforms, Q4 2025

 Research cites AI testing, data generation, and accelerated execution


 


(BUSINESS WIRE)--TestMu AI (formerly known as LambdaTest), the world’s first full-stack Agentic Quality Engineering platform, today announced its inclusion in The Forrester Wave™: Autonomous Testing Platforms, Q4 2025, an independent research report evaluating vendors in the autonomous testing market.


The report identifies TestMu AI as a cloud-based platform for unified test orchestration and execution. It notes the platform's capabilities in cross-browser testing, real device cloud, and AI-driven automation. Specifically, the research cites TestMu AI’s testing of AI systems across dimensions, providing metrics for accuracy, intent recognition, and hallucination detection with configurable thresholds.


Additionally, the report recognizes TestMu AI’s AI-powered test data generation, citing its support for Large Language Models (LLMs), multimodal inputs, and compliance-aligned workflows. The report also noted the company's strong community strategy and customers praise its responsive customer support, which users attribute to measurable improvements in execution time and cost.


Building on these recognized capabilities, TestMu AI has advanced its platform to deliver fully autonomous Quality Engineering. By deploying AI agents that independently plan, author, and execute tests, the platform empowers teams, ensuring that complex, AI-driven experiences are validated fast.


"This recognition validates our vision of building the world’s first Agentic Quality Engineering platform designed for the age of infinite code," said Mudit Singh, Co-Founder and Head of Growth at TestMu AI. "As software development accelerates, we are focused on enabling teams to move beyond automation. With autonomous agents that reason and adapt, we ensure that organizations can confidently test modern applications and AI-powered experiences at the speed of thought."


To learn more about it, please visit https://www.testmu.ai/lp/forrester-wave-autonomous-testing-platforms-Q4


About TestMu AI


TestMu AI (Formerly LambdaTest) is a Full-Stack Agentic AI Quality Engineering platform that empowers teams to test intelligently and ship faster. Engineered for scale, it offers end-to-end AI agents to plan, author, execute, and analyze software quality. AI-native by design, the platform enables testing of web, mobile, and enterprise applications at any scale across real devices, real browsers, and custom real-world environments.


Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. For more information, read about Forrester’s objectivity here .


 


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Contacts

Press - press@testmuai.com

Kavya - kavya@testmuai.com


 

Fitch Solutions Delivers AI-Ready Credit Data on Snowflake Marketplace

  NEW YORK - Tuesday, 03. February 2026 AETOSWire  



Direct access to Fitch Ratings and dv01 datasets now available on Snowflake Marketplace to accelerate financial modeling


(BUSINESS WIRE) -- Fitch Solutions, a leading global provider of insights, data, and analytics, today announced a collaboration with Snowflake, the AI Data Cloud company, to deliver Fitch’s comprehensive datasets on Snowflake Marketplace. This offering will enable market participants and clients to access and work with Fitch’s credit intelligence directly within Snowflake, supporting faster analysis and simpler integration across modern workflows.


Fitch Ratings credit data and loan-level performance benchmark datasets from dv01, a Fitch Solutions company, covering the U.S. auto, consumer unsecured, and non-agency RMBS sectors, are now available on Snowflake Marketplace. Additional offerings will follow, including data from Sustainable Fitch, CreditSights, and BMI. Over time, this will enable clients to access all of Fitch Solutions' universe directly in Snowflake.


“Data sits at the heart of every AI initiative, and our clients expect that foundation to be built on trusted insight—accessible and ready for innovation,” said Rachel Lojko, President of Fitch Solutions. “We’re making sure our most valuable datasets are available when and where our clients need them. This evolution in our delivery model reflects clear client demand for seamless, cloud native access as firms accelerate their analytics and AI strategies.”


Delivered in standardized, analytics and AI-ready formats, Fitch datasets available via Snowflake Marketplace are designed to integrate seamlessly into existing Snowflake-based workflows—alongside proprietary data—without the need to build or maintain custom ingestion pipelines as well as unlocking new use cases. Clients accelerate time-to- insights, eliminate data silos and reduce operational complexity with the confidence that comes from working with rigorously sourced, transparent data.


“Fitch Solutions is a leading source for credit intelligence, and bringing its datasets to the Snowflake Marketplace strengthens our ecosystem of trusted data providers,” said ​​Tom Gray, Sr. Manager, Financial Services Data Cloud Partners, Snowflake. “This collaboration brings Fitch’s depth of expertise into the Snowflake AI Data Cloud, helping clients scale insight securely and confidently.”


Free trials are now available for dv01 consumer credit benchmarks via Snowflake Marketplace.


About Fitch Solutions:

Fitch Solutions, a leading provider of insights, data, and analytics, aims to inform investment strategies, strengthen risk management capabilities, and help identify strategic opportunities. Its analysts, lawyers, journalists, and economists offer in-depth views on credit markets/risk and individual credits, ESG, developed and emerging markets, and industry sectors. Fitch Solutions is part of Fitch Group, a global leader in financial information services with operations in 30 countries. Fitch Group is owned by Hearst. Further information can be found at fitchsolutions.com.


 


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Contacts

Media Relations:


Peter Fitzpatrick

London

Tel: +44 203 530 1103

Email: peter.fitzpatrick@thefitchgroup.com


Eleis Brennan

New York

Tel: +1 646 582 3666

Email: eleis.brennan@thefitchgroup.com


Leslie Tan

Singapore

Tel: +65 6796 7234

Email: leslie.tan@thefitchgroup.com

Yubico Reveals 265% ROI and 99.99% Reduction in Risk of Exposure to Addressable Breach Risk Costs According to Total Economic Impact Study

 Effectiveness of Yubico’s technology: $5.3 million Net Present Value and $7.3 million in total benefits over three years, driven by 80% faster authentication and reduced help desk burden


(BUSINESS WIRE) -- Yubico (NASDAQ STOCKHOLM: YUBICO), a modern cybersecurity company and creator of the most secure passkeys, today announced the results of a commissioned Total Economic Impact™ (TEI) of Yubico YubiKeys study conducted by Forrester Consulting. The study, comprised of interviews with global enterprises with over 5,000 employees, found that a composite organization based on interviewed customers achieved a 265% return on investment (ROI) and a net present value (NPV) of $5.3 million over three years by replacing traditional multi-factor authentication (MFA) and one-time passwords (OTPs) with phishing-resistant YubiKeys.

In an era of high-quality deepfakes and generative AI-driven extortion, the study shows a critical shift in cybersecurity: traditional MFA is no longer sufficient to stop modern MFA-bypass and social engineering attacks. According to the study, deploying YubiKeys effectively eliminated phishing and credential-theft risks, reducing an organization's risk exposure to breach costs from addressable attacks by 99.99%.

“As AI-driven threats make traditional authentication methods increasingly vulnerable, this Forrester study confirms for us that phishing-resistant MFA is no longer optional — it is now a cornerstone to cyber resilience and a business accelerator,” said Ronnie Manning, chief brand advocate, Yubico. “YubiKeys not only safeguard the enterprise against rising phishing threats but actually return time to employees to focus on business-critical tasks and reduce the burden on security and IT teams.”


Key Financial and Operational Findings

The financial analysis, based on interviews with decision-makers at six large organizations, revealed significant quantified benefits, a $7.3 million in total benefits over three years, across the enterprise:


• Strengthened Security ($1.6M in Value): By eliminating the risk of phishing, the composite organization of 5,000 employees drastically reduced the likelihood of a successful credential-based breach.

• Enhanced End-User Experience ($2.2M in Value): Users authenticated 80% faster with YubiKeys compared to legacy MFA. Additionally, the move to phishing-resistant MFA allowed the organization to simplify password policies, saving each user an average of 30 minutes per quarterly update.

• Operational Efficiency ($1.7M in Savings): The organization saved $912,000 in security and IAM labor by avoiding attack investigations. An additional $476,000 was saved in help desk costs by eliminating password-reset tickets and $321,000 saved from retired legacy MFA costs

• Business Growth ($1.9M in Value): Stronger security improved brand reputation and trust, helping the organization meet strict customer security requirements and win new business.

When Forrester asked a director of information technology and cybersecurity for the government about the financial impact of YubiKeys for their organization, they said: “YubiKeys are a fiscally responsible way to increase your cybersecurity posture.” Additionally, when asked about the working relationship, senior manager, cybersecurity for telecom services stated, “Yubico is easy to work with. They had the ability to deliver at the scale and velocity we needed.”


Streamlined Enterprise Deployment with YubiKeys: The Path to Passwordless and Zero Trust

Beyond financial gains, the study noted that YubiKeys serve as a foundational element for organizations moving toward a Zero Trust architecture. By supporting multiple protocols — including FIDO2/WebAuthn, smart card (PIV), and OTP — YubiKeys provide the flexibility needed to secure diverse environments ranging from legacy systems to modern cloud applications.

“Our CEO stated that we are going to be 100% phishing resistant and passwordless. We had to look for what could help us achieve passwordless for the full employee lifecycle and what was 100% phishing resistant. The only solution that fit the bill was YubiKeys,” said a Principal Identity Engineer at a technology firm interviewed for the study.

To help organizations achieve these results quickly and more seamlessly, Yubico offers a comprehensive suite of enterprise services including YubiKey as a Service, a subscription model that shifts capital expenditures to predictable operating expenditures. As a one-stop solution to deploy and manage YubiKey, YubiKey as a Service enables IT teams to use a new Self-Service Ordering capability to empower end users to directly order YubiKeys and have them shipped to an address of their choice. Exclusively as part of this service, Yubico delivers a range of enrollment and delivery options to a global, distributed workforce — accelerating the time to value and significantly lowering overall cost.


For more information and to download the full Forrester TEI study, visit here.


Additionally, Yubico will be conducting a Webinar featuring Forrester on February 24 to hear a breakdown of the Forrester TEI survey and what this means for organizations exploring and deploying YubiKeys in their organization. Register here.


About Yubico

Yubico (Nasdaq Stockholm: YUBICO) is a modern cybersecurity company on a mission to make the internet safer for everyone. As the inventor of the YubiKey, we set the gold standard for modern phishing-resistant, hardware-backed authentication, stopping account takeovers and making secure login simple.

Since 2007, we’ve helped shape global authentication standards, co-created FIDO2, WebAuthn, and FIDO U2F, and introduced the original passkey. Today, our passkey technology secures people and organizations in over 160 countries — transforming how digital identity is protected from onboarding to account recovery.

Trusted by the world’s most security-conscious brands, governments, and institutions, YubiKeys work out of the box with hundreds of apps and services, delivering fast, passwordless access without friction or compromise.

We believe strong security should never be out of reach. Through our philanthropic initiative, Secure it Forward, we donate YubiKeys to nonprofits supporting at-risk communities.

Dual-headquartered in Stockholm, Sweden and Santa Clara, California, Yubico is proud to be recognized as one of TIME’s 100 Most Influential Companies and Fast Company’s Most Innovative Companies. Learn more at www.yubico.com.


 


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Contacts

Yubico Communications Team

press@yubico.com

Klay Group Appoints Mohit Gaba as the Director of Investment Advisory

 

Klay Group, a boutique financial services firm providing Wealth Management, Multi-Family Office, Asset Management and Corporate Advisory services to ultra-high-net-worth families and institutions, is pleased to announce the appointment of Mohit Gaba as Director, Investment Advisory.  Based in Dubai, Mohit will be part of the firm’s Multi-Family Office (MFO) platform and will report to Achal Aroura, Head of MFO.

Mohit brings nearly two decades of experience across investment advisory and portfolio management, having worked on both the buy side and sell side. He began his career with Citibank N.A. in Dubai after completing his MBA at the S.P. Jain School of Global Management in Singapore. Over the course of his career, Mohit has advised ultra-high-net-worth individuals and families, managing multi-asset portfolios with a strong focus on equities, tactical investment strategies and disciplined asset allocation.

He has held senior advisory roles across family offices and investment firms in the region, where he was responsible for portfolio construction, client advisory, risk management and execution across equities, FX and derivative products. Mohit has also been an on-air contributor with Bloomberg TV, where he shared market views, investment strategies and tactical ideas with a global investor audience.

At Klay Capital Ltd., Mohit will focus on strengthening the firm’s investment advisory offering, supporting the development of its private banking advisory business, and working closely with relationship managers on portfolio construction, asset allocation and client engagement. His role will also encompass FX and derivatives strategy, hedging solutions, investment idea generation, and adherence to the firm’s risk, suitability and governance frameworks.

Commenting on Mohit’s appointment, Achal Aroura, Head of MFO, Klay Capital Ltd., said, “Mohit brings deep experience across investment advisory, portfolio management and market execution, with a strong understanding of the needs of sophisticated clients. His appointment further strengthens our in-house advisory capabilities and supports our focus on delivering disciplined, high-quality investment solutions across our multi-family office platform.”

Mohit Gaba added, “Klay Capital’s focus on independent advice, strong investment governance and client outcomes aligns closely with my own approach. I look forward to working with the team to deliver well-structured portfolios and actionable investment strategies for clients.”

About Klay Group:

Klay is a global boutique financial services firm delivering independent advice, tailored solutions, and smart systems across wealth management, multi-family office services, asset management, and corporate advisory. Combining institutional rigour with personalised service, our open architecture model ensures clients benefit from unbiased expertise, aligned incentives, and innovative insights powered by a dedicated in-house investment team and global analyst network.

With offices in Dubai, India, Singapore, London, and Australia, our diverse team of 140+ professionals from over 13 nationalities serves clients with a commitment to long-term relationships built on trust and shared success. Since inception, we have supported more than 450 families worldwide, maintaining a strong focus on bespoke strategies that preserve and grow wealth across generations.

Klay Group is regulated by the Dubai Financial Services Authority, the Monetary Authority of Singapore, the Securities and Exchange Board of India, the Financial Conduct Authority UK, and the Australian Securities and Investments Commission. Services are available to professional, accredited, and wholesale investors only.



Contacts

Namita Thakkar - namita@matrixdubai.com