Financial Technology

FICO Survey: 83% of Hong Kong Banks Believe AI Will Stop More Money Laundering

HONG KONG, Aug. 19, 2020 /PRNewswire/ -- Highlights: * 83 percent of Hong Kong banks believe AI will stop more money laundering. * 91 percent of Hong Kong banks still believe in older rules-based technology for AML compliance, despite 30 percent saying that they experience significant strugg...

2020-08-19 09:00 11122

FinVolution Group to Report Second Quarter 2020 Financial Results on Tuesday, August 25, 2020

SHANGHAI, Aug. 18, 2020 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform inChina, today announced that it will report its second quarter 2020 unaudited financial results, onTuesday, August 25, 2020, before the open of U.S. markets. The...

2020-08-18 15:00 8406

MoolahGo reaches new heights in Q2 2020

SINGAPORE, Aug. 18, 2020 /PRNewswire/ -- MoolahGo, a leading multi-currency digital payments specialist inSingapore, achieved yet another record growth rate in the 2nd Quarter of 2020. MoolahGo specializes in cross-border payments with an emphasis on serving the Business-to-Business (B2B) client...

2020-08-18 13:00 1757

Aurigin: Pioneering fintech equips Investment Banks for Covid-era

NEW YORK, Aug. 18, 2020 /PRNewswire/ -- New York based Aurigin (formerly BankerBay), the largest M&A platform in the world with overUSD 250 billion of live, curated deals, is rolling out a business solution that no bank can afford to ignore. Aurigin is announcing "AiB," an enterprise solution de...

2020-08-18 10:00 2478

Osome selected for Cyberport Incubation Programme, accelerating its mission to digitize the corporate management industry in Hong Kong

SINGAPORE, Aug. 18, 2020 /PRNewswire/ -- Osome, a cloud-based paperless service that helps entrepreneurs withcompany registration , accounting, and bookkeeping, has recently been accepted into the Cyberport Incubation Programme (CIP) joining the likes ...

2020-08-18 09:00 2303

Enfusion Becomes Certified FinTech by Singapore FinTech Association under the Monetary Authority of Singapore (MAS)

Designation underscores Enfusion's commitment to help investment managers in APAC accelerate digital efficiency and operational resiliency CHICAGO, Aug. 18, 2020 /PRNewswire/ -- Enfusion, a leading global provider of investment management technology solutions and services, announced today their ...

2020-08-18 08:00 2772

24 Exchange Tops $100 Million Average Daily Volume in FX NDFs

J.P. Morgan became active dealer on platform's first day of operation HAMILTON, Bermuda, Aug. 17, 2020 /PRNewswire/ -- 24 Exchange, a multi-asset class, 24-hour trading platform, has reached an average daily volume of$100 Million in FX NDFs and become a must-access venue for the asset class. In ...

2020-08-17 20:00 1070

Yeahka Limited to Report 2020 Interim Results on Thursday, August 27, 2020

HONG KONG, Aug. 17, 2020 /PRNewswire/ -- Yeahka Limited ("Yeahka" or the "Company", SEHK: 9923), a leading payment-based technology platform inChina, today announced that it will report its unaudited financial results for the 6 months endedJune 30, 2020. The Company's management will host an ear...

2020-08-17 19:07 4038

FINTRAC licensed Master Select Group constantly seeks new breakthroughs in platform strength

HONG KONG, Aug. 17, 2020 /PRNewswire/ -- As a leading one-stop investment trading platform, MSG has obtained the VFSC offshore supervision of the Vanuatu Financial Services Commission in terms of regulatory qualifications. It also has the FINTRAC license, creating multiple security for investors....

2020-08-17 10:30 1954

FICO Survey: Only 30% of Taiwanese Banks Believe AI Will Stop More Money Laundering

TAIPEI, Taiwan, Aug. 17, 2020 /PRNewswire/ --   Highlights: * Only 30 percent of Taiwanese banks believe AI will stop more money laundering. * 78 percent of Taiwanese banks still believe in older rules-based technology for AML compliance, despite 26 percent saying that they experience ...

2020-08-17 09:00 5445

Strong transaction volumes and partner expansion drive global payment network Thunes Q2 2020 growth

SINGAPORE, Aug. 17, 2020 /PRNewswire/ -- Thunes, a leading cross-border payments network, today announced an 80% increase in transaction volumes for the second quarter of 2020. Thunes also noted that there was a clear shift towards mobile wallets rather than cash transactions, with overall mobile...

2020-08-17 08:00 2931

Huobi Records $877.8 Billion in Trading Volume for First Half of 2020

LONDON, Aug. 14, 2020 /PRNewswire/ -- Despite 2020 being a difficult year across the planet due to the coronavirus pandemic, the cryptocurrency trading space on Huobi has remained strong and resilient. New information from Huobi global has seen that$877.8 billion has been traded on the platform i...

2020-08-14 16:54 927

Spotware Celebrates 10 Years of Fintech Innovation

LIMASSOL, Cyprus, Aug. 13, 2020 /PRNewswire/ -- It has now been 10 years since Spotware , and soon after its flagship product - cTrader, have entered the market and became the epitome of Fintech innovation. 10 years...

2020-08-13 15:00 2473

HotForex Launches CFDs on ETFs and DMA Stocks on its MT5 Platform

Traders with the award-winning broker HotForex can now diversify their portfolio by trading Contracts for Differences ("CFDs") on hundreds of DMA Stocks & ETFs on the company's powerful multi-asset platform MT5 PORT LOUIS, Mauritius, Aug. 13, 2020 /PRNewswire/ -- HotForex, the internationally ac...

2020-08-13 12:00 2649

Collaborating with 6 Indonesian banks, PrivyID provides contactless credit card application solution

JAKARTA, Indonesia, Aug. 13, 2020 /PRNewswire/ -- PrivyID , Indonesia's first legally binding digital signature provider, becomes the only digital signature provider that succeeded in passing Bank Indonesia's regulatory sandbox program. PrivyID's success is attributed to its ca...

2020-08-13 11:12 3420

Tencent Announces 2020 Second Quarter and Interim Results

HONG KONG, Aug. 12, 2020 /PRNewswire/ -- Tencent Holdings Limited ("Tencent" or the "Company", 00700.HK), a leading provider of Internet value added services in China, today announced the unaudited consolidated results for the second quarter ("2Q2020") and first half year of 2020 ("1H2020") endedJ...

2020-08-12 17:50 6636

AsiaPay launches Xecure 3D in Asia, 3DS 2.0 ACS hosted service for China CITIC Bank International

HONG KONG, Aug. 12, 2020 /PRNewswire/ -- AsiaPay has successfully launched Xecure 3D, 3-D Secure 2.0 ACS (Access Control Server) solution service (hosted service) for China CITIC Bank International Limited inHong Kong region covering Visa and Mastercard. As the leading digital payment service pr...

2020-08-12 17:34 2766

Morgan Hill Fs Receives "Best Global Forex Innovation 2020" Award from Forex Trading Awards

PARIS, Aug. 12, 2020 /PRNewswire/ -- Every year, Forex Trading Awards organizers present awards to the companies, which demonstrate outstanding results in providing services on the Forex market. FromApril 1st to 29th, there was open voting on the organizer's website, where anybody who wanted t...

2020-08-12 11:41 1928

Funding Societies and SMU collaborate to develop a case on P2P Lending for Small Businesses

SINGAPORE, Aug. 12, 2020 /PRNewswire/ -- Funding Societies, Southeast Asia's largest digital financing platform, andSingapore Management University (SMU) have come together to develop and publish a case study explaining the role of FinTech and Peer-to-Peer (P2P) lending for small businesses. This...

2020-08-12 10:15 2719

FinVolution Group Chairman Continues to Purchase Company Shares

SHANGHAI, Aug. 11, 2020 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform inChina, today announced that Mr.Shaofeng Gu, Chairman and Chief Innovation Officer of the Company has informed the Company that he has continued to purchase in his...

2020-08-11 18:00 7063
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