Financial Technology

FSN Capital Wins €87 Million Arbitration Ruling After Procuritas Was Found Liable for Fraud and Wilful Misconduct

COPENHAGEN, Denmark, June 23, 2020 /PRNewswire/ -- FSN Capital ("Buyer")* awarded €87 million in compensation after Procuritas ("Seller")** was found liable for fraud and wilful misconduct by the international arbitral tribunal in Denmark today. The ruling is final and cannot be appealed. Today, ...

2020-06-23 20:23 787

Wolters Kluwer CCH Tagetik inTouch Online Conference Inspires CFOs to Evolve NOW with Solutions for Today and for a Future of Accelerated Financial Transformation

Global virtual event gathered the CCH Tagetik community to share key innovations, best practices and a vision of evolution in the Office of Finance through explainable and actionable data for faster, better-informed decision-making STAMFORD, Connecticut and LUCCA, Italy, June 23, 2020 /PRNewswir...

2020-06-23 20:00 3580

UnionPay International Pledges Support for Stronger Financial Cooperation Between Shanghai and Singapore

SHANGHAI, June 22, 2020 /PRNewswire/ -- Global payment network, UnionPay International (UPI), has pledged its support for stronger financial cooperation betweenShanghai and Singapore at the 12th Lujiazui Forum 2020, a major financial summit held inShanghai, China on 18 and 19 June. At the event, ...

2020-06-22 19:30 996

UnionPay International, Keenu and Bank AL Habib Jointly Launch Contactless Payments Acceptance For The First Time In Pakistan

KARACHI, Pakistan, June 22, 2020 /PRNewswire/ -- UnionPay International, Wemsol Private Limited and Bank AL Habib jointly announce today the launch of UnionPay QuickPass (NFC/Contactless and HCE) acceptance on Keenu POS terminals inPakistan , where consumers can make safe and quick payments by tap...

2020-06-22 17:36 877

TPIsoftware wields blockchain technology to create new digital cross-organizational business model

TAIPEI, June 22, 2020 /PRNewswire/ -- Leading FinTech solution provider TPIsoftware collaborated with a well-known commercial bank, wielding the power of blockchain to release a cross-organizational reward point platform. Value of reward points amplified with universal point system platform TPIs...

2020-06-22 13:27 941

Checkout.com Triples Valuation to $5.5bn in Series B Fundraise

LONDON, June 22, 2020 /PRNewswire/ -- Leading global payment solution provider Checkout.com becomes one of the most valuable fintechs globally. Today the company announces a$150m Series B funding round, tripling the value of the online international payments business. The$5.5bn valuation reflects...

2020-06-22 12:01 997

Sunline Partnered with Huawei to Drive the Transformation of Bank Yudha Bhakti through FinTech

JAKARTA, Indonesia, June 12, 2020 /PRNewswire/ -- Recently, Huawei and Sunline signed a contract on the Internet banking core system project of Bank Yudha Bhakti (BYB) in Indonesia, providing customers with integrated joint financial technology solutions. Huawei and Sunline will enable Chinese f...

2020-06-18 16:21 1051

HotForex Awarded for Its Client Services and Transparency

Now in its tenth year of operation, the award winning broker HotForex continues to make its mark on the industry, now adding the titles of Best Client Services – Global and Most Transparent Broker to its impressive awards collection. PORT LOUIS, Mauritius, June 18, 2020 /PRNewswire/ -- HotForex, ...

2020-06-18 14:00 1020

OMC Group Ready to Roll with Blockchain Solutions

PETALING JAYA, Malaysia, June 18, 2020 /PRNewswire/ -- OMC Group Sdn Bhd ("OMC Group" or "Company"), the blockchain arm of AIO Synergy Holdings Berhad ("AIO Synergy"), is set to offer more blockchain solutions to businesses, government and the community to help them op...

2020-06-18 11:45 1295

MACROKIOSK and Silverlake Collaborate to Advance the Future of Banking

KUALA LUMPUR, Malaysia, June 18, 2020 /PRNewswire/ -- MACROKIOSK and Silverlake join forces to empower the emerging digital banking industry in theAsia Pacific region. This collaboration brings together the proven robust digital solutions and respective capabilities of MACROKIOSK and Silverlake t...

2020-06-18 08:00 977

Yiren Digital to Report First Quarter 2020 Financial Results on June 23, 2020

BEIJING, June 17, 2020 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading fintech company in China, announced that it plans to release its unaudited financial results for the quarter endedMarch 31, 2020 after U.S. market closes on Tuesday, June 23, 2020. ...

2020-06-17 15:25 11415

Sleek celebrates its 3rd year anniversary with the launch of a free e-signature tool

SINGAPORE, June 17, 2020 /PRNewswire/ -- Despite the current global market uncertainties,Sleek , the startup making it easy for other startups to incorporate and operate inSingapore and Hong Kong , celebrates its 3rd year annivers...

2020-06-17 10:00 1194

Wilmington Trust Cleared as Trustee in the U.S. and Ireland for Newly Launched Global Aircraft Trading System Platform

WILMINGTON, Delaware and DUBLIN, June 16, 2020 /PRNewswire/ -- Wilmington Trust, a leader in corporate and institutional trust services, announces it has been cleared as a trustee in the U.S. andIreland for the Aviation Working Group's (AWG) newly launched electronicGlobal Aircraft Trading System...

2020-06-16 21:34 892

Banco Sabadell Pioneers A 100% Digital Banking Model in Mexico With IBM Public Cloud and Red Hat

IBM Services and Red Hat technology to help the bank innovate while reinforcing security and compliance readiness ARMONK, New York and MEXICO CITY, June 16, 2020 /PRNewswire/ -- Banco Sabadell, the first 100% mobile bank inMexico, is working with IBM Services (NYSE:IBM) to continue innovating w...

2020-06-16 20:00 12974

StashAway Awarded a Technology Pioneer by The World Economic Forum

SINGAPORE, June 15, 2020 /PRNewswire/ -- The World Economic Forum has selected StashAway, the leading digital wealth manager in the region, as a 2020 Technology Pioneer. StashAway personalises financial advice and portfolio management for both retail and accredited investors, and is backed by Ei...

2020-06-16 15:30 1378

MFH Files Annual Report on Form 20-F for Fiscal Year 2019

BEIJING, June 15, 2020 /PRNewswire/ -- Mercurity Fintech Holding Inc. ("the Company", "MFH") (Nasdaq: MFH), today announced that it has filed its annual report on Form 20-F for the fiscal year endedDecember 31, 2019, with the U.S. Securities and Exchange Commission. The annual report can be acces...

2020-06-15 18:00 11435

OPIM and Solas announce strategic partnership for China and Asia's emerging fund program

HONG KONG, June 15, 2020 /PRNewswire/ -- OP Investment Management ("OPIM"), Asia's leading hedge fund platform, and Solas Fiduciary Services ("Solas"), a leading regional provider of independent directorship services, jointly announce that they have entered a strategic partnership to provide a on...

2020-06-15 17:49 12828

tonik raises $21M Series A led by Sequoia India and Point72

SINGAPORE, June 15, 2020 /PRNewswire/ -- Tonik Financial Pte Ltd ("tonik") announcedtoday that it closed a $21M round of Series A equity funding. The round was led by blue-chip VC investors Sequoia India and Point72 Ventures, with a significant participation from previous VC investors Insignia an...

2020-06-15 10:00 1063

Sunline Partnered with Huawei to Drive the Transformation of Bank Yudha Bhakti through FinTech

JAKARTA, Indonesia, June 12, 2020 /PRNewswire/ -- Recently, Huawei and Sunline signed a contract on the Internet banking core system project of Bank Yudha Bhakti (BYB) in Indonesia, providing customers with integrated joint financial technology solutions. Huawei and Sunline will enable Chinese f...

2020-06-12 18:48 2327

FinVolution Group Receives APP Security and Information Security Certifications from China's CVERC

SHANGHAI, June 12, 2020 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform inChina, today announced that its fintech application, PPDAI App, has received both the APP Security Certification and the APP Information Security Certification wi...

2020-06-12 16:00 12257
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