Financial Technology

MAS Partners Financial Industry to Create Framework for Responsible Use of AI

SINGAPORE, Nov. 13, 2019 /PRNewswire/ -- The Monetary Authority of Singapore (MAS) announced today that it is working with financial industry partners to create a framework for financial institutions to promote the responsible adoption of Artificial Intelligence and Data Analytics (AIDA). 2 Thi...

2019-11-13 22:15 101

New BIS Innovation Hub Centre in Singapore to develop solutions to benefit the financial system

SINGAPORE, Nov. 13, 2019 /PRNewswire/ -- The Monetary Authority of Singapore (MAS) and the Bank for International Settlements (BIS) today launched the BIS Innovation Hub Centre inSingapore. This is the BIS's first expansion of its global footprint in 17 years. 2 The BIS Innovation Hub will foste...

2019-11-13 22:14 120

Vakrangee Q2FY2019-20 Financial Results

MUMBAI, India, Nov. 13, 2019 /PRNewswire/ -- Vakrangee Limited (VL), announced its unaudited Financial Results for the quarter endedSeptember 30, 2019. Key Highlights – Q2FY2019-20 * Robust growth seen in Financials due to clear focus on Store profitability and service activation across the ne...

2019-11-13 19:34 284

Prime Minister of the Republic of Singapore Intrigued by WeBank's Fintech-powered Services at SFF x SWITCH

SINGAPORE, Nov. 13, 2019 /PRNewswire/ -- From Nov. 11 to 13, 2019, WeBank showcased a series of new generation fintech capabilities at the Singapore Fintech Festival. OnNov. 12, Lee Hsien Loong, Prime Minister of the Republic of Singapore, visited WeBank's booth and communicated with Henry Ma, Ex...

2019-11-13 19:20 194

Lufax CEO Greg Gibb Advocates for a Healthier Way of Investing Enabled by FinTech

BEIJING, Nov. 12, 2019 /PRNewswire/ -- Lufax chief executive officer Greg Gibb shared his vision to make investment healthier at the 10th Caixin Summit held at Diaoyutai State Guest House inBeijing. "Technology is effecting seismic changes in the financial landscape," propounded Gibb. "The disr...

2019-11-13 10:57 273

UOB Asset Management and Value3 Advisory to launch AI-enabled credit rating platform in ASEAN for more effective bond investments

SINGAPORE, Nov. 13, 2019 /PRNewswire/ -- UOB Asset Management Ltd (UOBAM) and Value3 Advisory Pte. Ltd. (Value3)[1], a financial technology (FinTech) start-up, today announced their collaboration to launch an artificial intelligence (AI)-enabled credit rating, research and reporting service in A...

2019-11-13 10:36 324

Afterpay Appoints Gary S. Briggs to Board of Directors

Former Facebook and Google Executive Brings Decades of Experience to Fast Growing Business SAN FRANCISCO, Nov. 12, 2019 /PRNewswire/ -- Afterpay (ASX: APT) today announced that Facebook's former Chief Marketing Officer,Gary S. Briggs will join its Board of Directors, effectiveJanuary 1, 2020.  A...

2019-11-13 07:57 769

FreedomPay Announces An Agreement With Marriott International For Commerce Technology Innovation

PHILADELPHIA, Nov. 12, 2019 /PRNewswire/ -- FreedomPay, an innovative leader in commerce technologies, today announced an agreement with Marriott International to adopt FreedomPay's award winning commerce platform to be used across Marriott's lodging portfolio beginning inthe United States and Ca...

2019-11-12 19:00 338

Hexindai's Connection to Real-time Monitoring System Aids Timely Compliance

BEIJING, Nov. 12, 2019 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a fast-growing consumer lending marketplace inChina, has been aided in its timely compliance and cooperation with industry regulators for its P2P business by its connection to the Real-time Monitoring...

2019-11-12 19:00 1072

FinTech firms in Singapore attract most global funding within ASEAN according to report by UOB, PwC and SFA

SINGAPORE, Nov. 12, 2019 /PRNewswire/ -- Financial technology (FinTech) firms in Singapore continued to attract the lion's share of global funding among ASEAN countries, receiving more than half (51 per cent) of funding for the region according to theFinTech in ASEAN: From Start-up to Scale-up rep...

2019-11-12 16:30 1418

New industry-wide research platform to support FinTech investments

SINGAPORE, Nov. 12, 2019 /PRNewswire/ -- The Monetary Authority of Singapore (MAS), Deloitte and S&P Global Market Intelligence have collaborated to develop a prototype for an industry-wide FinTech Research Platform to help investors and financial institutions connect with FinTech start-ups that ...

2019-11-12 14:29 373

WealthTech firm WeInvest launches StratWealth - a marketplace aimed to provide better investment ideas for financial institutions

SINGAPORE, Nov. 12, 2019 /PRNewswire/ -- WeInvest, a Singapore-based digital wealth solutions provider today announced the launch of StratWealth, a platform providing algorithmically-generated customised investment solutions as well as sourcing or curating thematic trading baskets from global pla...

2019-11-12 10:00 491

Auction Flex & HiBid to Host One-Day Forums in Brisbane, Sydney, and Melbourne, Australia, in December

BRISBANE, Australia, Nov. 12, 2019 /PRNewswire/ -- Sandhills Pacific, a Sandhills Global company based in Brisbane, Australia, will host a series of one-day forums from 9 through 13 December inBrisbane, Sydney, and Melbourne. The forums will focus on optimizing auction management strategies using...

2019-11-12 05:18 372

WeBank's Henry Ma on Digital Banks: Promote Financial Inclusion and Achieve a Sustainable Business

SINGAPORE, Nov. 11, 2019 /PRNewswire/ -- Henry Ma, Executive Vice President and Chief Information Officer of WeBank, attended 2020: Digital Transformation Agenda panel discussion at the Singapore Fintech Festival. He briefly revisited WeBank's digital journey and suggested how to reconcile the...

2019-11-11 23:13 527

Ideanomics' MEG Division Provides Market Update: Launches Innovative Financing Program for EV Fleet Operators to Fulfill Sales Orders

-  Until now, EV market in China lacked financing infrastructure for fleet sales. MEG solves this with new, innovative, financing programs for fleet operators including umbrella financing -  MEG has sourced major fleet sales contracts, with additional orders pending, and requires robust and flex...

2019-11-11 22:14 1896

Intercontinental Exchange Partners With ADNOC and Some of the World's Largest Energy Traders in the 2020 Launch of ICE Futures Abu Dhabi, a New Futures Exchange

LONDON, Nov. 11, 2019 /PRNewswire/ -- Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that Abu Dhabi National Oil Company (ADNOC) and nine of the world's largest energy traders are ...

2019-11-11 20:53 999

vCargo Cloud Launches CamelONE(TM) Trade Finance on the Networked Trade Platform

* CamelONE™ Trade Finance is the first unified multi-bank trade finance portal launched inSingapore to be supported by nine leading trade finance banks SINGAPORE, Nov. 11, 2019 /PRNewswire/ -- Homegrown global trade facilitation platform provider vCargo Cloud Pte. Ltd. ("VCC") announced today t...

2019-11-11 19:18 390

LexinFintech Holdings Ltd. to Report Third Quarter 2019 Unaudited Financial Results on November 18, 2019

SHENZHEN, China, Nov. 11, 2019 /PRNewswire/ -- LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ: LX), a leading online consumer finance platform for educated young adults inChina, today announced that it will report its unaudited financial results for the third quarter before the U.S...

2019-11-11 18:16 1901

Long Asia Group sponsored FX trading forum attracts hundreds in Thailand

CHIANG MAI, Thailand, Nov. 11, 2019 /PRNewswire/ -- Foreign exchange (FX) trading has grown to become a popular type of investment over recent years with trading in the FX market reachingUS$6.6 trillion per day in April 2019, up US$5.1 trillion three years ago [1].

2019-11-11 16:25 443

New US$2 billion Investments Programme to Support Growth of Green Finance in Singapore

SINGAPORE, Nov. 11, 2019 /PRNewswire/ -- The Monetary Authority of Singapore (MAS) announced today that it has set up aUS$2 billion green investments programme (GIP) to invest in public market investment strategies that have a strong green focus. This will help to support theSingapore financial c...

2019-11-11 16:07 405
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