Financial Technology

DataLend: Securities Lending Revenue Down 16% Year-Over-Year to $2.53 Billion in Q2 2024

Global revenue declines year-over-year due to lagging equities performance in the U.S. and EMEA NEW YORK, July 3, 2024 /PRNewswire/ -- The global securities finance industry generated$2.53 billion in revenue for lenders in the second quarter of 2024, according to DataLend, the market data servic...

2024-07-03 00:30 1808

FXGT.com Partners with Great Heart Charity to Empower Underprivileged Communities

KUALA LUMPUR, Malaysia, July 2, 2024 /PRNewswire/ -- FXGT.com, the global brokerage powerhouse, announces its successful charity event in collaboration withGreat Heart Charity Association Malaysia. On May 11th, this powerful partnership transformed lives by delivering crucial support to underpriv...

2024-07-02 16:42 2113

Innovating Security: How FinVolution is Taking Next-Generation Technologies to Fight Deepfake-Driven Financial Crimes

SHANGHAI, July 2, 2024 /PRNewswire/ -- Deepfake technology, an artificial intelligence tool capable of generating convincingly fake audio and video, is increasingly being used to perpetrate financial crimes worldwide, raising serious concerns about sophisticated fraud. In a notable incident re...

2024-07-02 16:11 4133

PAAMC HK's China Green Bond Fund Awarded ESG Fixed Income Fund of the Year (Asia) for Exceptional Performance

HONG KONG, July 2, 2024 /PRNewswire/ -- Ping An of China Asset Management (Hong Kong) Company Limited ("PAAMC HK"), the offshore asset management platform of Ping An Group, is proud to announce that the Ping An of China Asset Management Fund - China Green Bond Fund (the "Fund") has been named the...

2024-07-02 13:13 4085

Stella International Holdings Limited Implements Wolters Kluwer's CCH® Tagetik Corporate Performance Management Solution

CCH Tagetik platform enables finance leaders to access real-time financial data TAIPEI, July 2, 2024 /PRNewswire/ -- Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that Stella International Holdings Limited (hereafter: Stella Interna...

2024-07-02 12:00 4321

Gupshup collaborates with Philippines' leading Neobank Tonik, offers Generative AI chatbot to bring innovation in digital banking

SINGAPORE and MANILA, Philippines, July 2, 2024 /PRNewswire/ -- Gupshup, the world's leading Conversation Cloud today announced its partnership with Tonik Bank, the first digital-only neobank inthe Philippines, to develop a state-of-the-art Generative AI chatbot for Tonik's mobile app. The innova...

2024-07-02 11:30 2378

Celebrate Milestone: Fast Forex VPS Introduces New Server and Starter Plan

SINGAPORE, July 2, 2024 /PRNewswire/ -- Fast Forex VPS is thrilled to mark its 2nd anniversary with the introduction of a new server inSingapore and a groundbreaking Starter Plan. Since its inception in 2022, Fast Forex VPS has remained steadfast in its commitment to delivering seamless connectiv...

2024-07-02 08:00 2116

Trading Technologies launches day-one connectivity to Abaxx Exchange

CHICAGO and SINGAPORE, July 2, 2024 /PRNewswire/ -- Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, announced today that it is now offering its clients access to Abaxx Exchange, a global commodity futures exchange and clearinghouse based in Si...

2024-07-02 07:00 4036

ViewTrade launches in Australia to deliver enhanced global market access, nearly USD $160M in possible savings

JERSEY CITY, N.J. and SYDNEY, July 2, 2024 /PRNewswire/ -- Global investment and trading technology solutions providerViewTrade Holding Corporation has launched inAustralia in a bid to deliver enhanced global market access, reduce inefficiencies caused by legacy infrastructure, and create inve...

2024-07-02 06:00 2149

Vantage Markets Kicks Off "Trading Championship 2024" with a Grand Prize of USD $100,000 for the Top Trader

PORT VILA, Vanuatu, July 1, 2024 /PRNewswire/ -- Leading multi-asset broker, Vantage Markets

2024-07-01 17:05 2283

IBPO Group Berhad Introduces the Fastest Malaysian Female Triathlete, Ann Pow as Its Brand Ambassador

KUALA LUMPUR, Malaysia, July 1, 2024 /PRNewswire/ -- IBPO Group Berhad ("IBPO"), a leading fusion financial company, announces the appointment of Malaysian Triathlete and multiple triathlon medalist,Ann Pow ("Ann"), as its first brand ambassador.

2024-07-01 13:14 1782

Longbridge Group Singapore Secures Additional USD $100 Million in Funding, Achieves Profitability and Accelerates Global Expansion of Its "Securities + Technology" Business Model

SINGAPORE, June 28, 2024 /PRNewswire/ -- Longbridge Group Singapore announced that it had secured over USD$100 million in additional funding from various investment institutions, including Singaporean consortia, following its Pre-A round. To date, Longbridge Group has accumulated over USD$150 mil...

2024-06-28 18:13 3006

Longbridge Group Singapore Secures Additional USD $100 Million in Funding, Achieves Profitability and Accelerates Global Expansion of Its "Securities + Technology" Business Model

HONG KONG, June 28, 2024 /PRNewswire/ -- Longbridge Group Singapore announced that it had secured over USD$100 million in additional funding from various investment institutions, including Singaporean consortia, following its Pre-A round. To date, Longbridge Group has accumulated over USD$150 mil...

2024-06-28 17:45 3194

Yiren Digital Releases 2023 ESG Report

BEIJING, June 28, 2024 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), an AI-powered platform providing a comprehensive suite of financial and lifestyle services inChina, today announced the release of its annual ESG report for the year endedDecember 31, 2023. T...

2024-06-28 16:19 3264

Labuan IBFC Inc. and STEP Malaysia jointly host wealth management and estate planning event

This inaugural event shone a spotlight on wealth management ecosystems both in Malaysia and Labuan IBFC KUALA LUMPUR, Malaysia, June 28, 2024 /PRNewswire/ -- Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC Inc.), the official marketing agency for Labuan International Business and Financial Centre ...

2024-06-28 12:45 13543

Vantage Markets clinches "Best Trading Experience - Global" award for 2024

PORT VILA, Vanuatu, June 27, 2024 /PRNewswire/ -- Leading multi-asset broker, Vantage Markets

2024-06-27 18:35 2519

BRI takes top spot in Indonesia and ranks 15th in the 2024 Fortune Southeast Asia 500, Further Cementing its Industry Prominence

JAKARTA, Indonesia, June 27, 2024 /PRNewswire/ -- PT. Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI)achieved a remarkable milestone by leading the banking industry inIndonesia in the Fortune Southeast Asia 500 list. On June 18, globally renowned business media Fortune announced the inaugural lis...

2024-06-27 16:27 4720

"Explore China, Pay Your Way" forum promotes more convenient mainland payment for Hong Kong and Macao residents as well as overseas visitors

HONG KONG, June 27, 2024 /PRNewswire/ -- The "Explore China, Pay Your Way" Forum was successfullyheld on June 26 in Hong Kong. The event was hosted by the Chinese Banking Association ofHong Kong (HKCBA), co-organized by UnionPay International (UPI) and supported by Bank ofChina (Hong Kong) (BOCHK...

2024-06-27 14:28 1797

CTBC Bank achieves major milestone with Avaloq to offer an enhanced private banking experience in Hong Kong and Singapore

ZURICH, June 27, 2024 /PRNewswire/ -- Taiwan-based CTBC Bank  has successfully implemented the Avaloq Core Platform  to digitally transform its private banking business. The new platform enables CTB...

2024-06-27 14:00 1851

OceanBase announces its listing on Google Cloud Marketplace, expanding cloud database services to 80 availability zones worldwide

JAKARTA, Indonesia, June 27, 2024 /PRNewswire/ -- During the inaugural OceanBase INFINITY tech conference inJakarta, Indonesia, OceanBase unveiled that its comprehensive suite of cloud database products and services is now accessible on the Google Cloud Marketplace.

2024-06-27 11:45 2846
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