Financial Technology
XW Bank Welcomed by IMF as One of 6 Outstanding FinTech Companies From China
WASHINGTON, June 19, 2019 /PRNewswire/ -- The International Monetary Fund (IMF) welcomed 6 outstanding FinTech companies fromChina including Ant Financial, WeBank and XW Bank. InChina, as these companies and other institutions powered by trending technology such as big data, cloud computing and a...
The 5th Annual ASEAN Rice Bowl Startup Awards Opens Nomination for 2019
PETALING JAYA, Malaysia, June 19, 2019 /PRNewswire/ -- The ASEAN Rice Bowl
Startup Awards (Rice Bowl) has returned for another year of celebrating
excellent startup within the ASEAN region. It has opened its platform for
nominations for the 5th year of the awards.
Eventus Systems Wins Market Surveillance Product of the Year in Risk Technology Awards 2019
NEW YORK and AUSTIN, Texas, June 19, 2019 /PRNewswire/ -- Eventus Systems, Inc. , a leading global trade surveillance and market risk platform provider, last night won the award forMarket Surveillance Product of the Year in the Risk Technology Awards 2019.London-based Risk.net bestowed the global ...
EdgeVerve Product TradeEdge Receives POI Best-in-Class Award for Distributor Management
BENGALURU, India, June 19, 2019 /PRNewswire/ -- EdgeVerve Systems
Qianze Announces the Inaguaration of Its New Regional Office
GUANGZHOU, China, June 19, 2019 /PRNewswire/ -- Qianze, the Chinese investment firm, officially opened its regional office in Zhangzhou, which brings quality financial investment products toFujian. The establishment of Qianze Zhangzhou office is hailed as an important step in Qianze Asset's strat...
UnionPay and ERL Join "Go Cashless on Public Transport" Campaign to Accelerate Cashless Payments on Public Transportation
KUALA LUMPUR, Malaysia, June 19, 2019 /PRNewswire/ -- Global payment brand UnionPay and Express Rail Link Sdn Bhd (ERL) today announced their participation in the new"Go Cashless on Public Transport" campaign by the Ministry of Transport Malaysia, to accelerate the use of cashless payments on pu...
Shanghai HiCore Tech announced partnership with MIT on anti-fraud AI lab
SHANGHAI, June 19, 2019 /PRNewswire/ -- Shanghai HiCore Tech, an online fraud-detection company, will cooperate with theMassachusetts Institute of Technology (MIT) to establish an artificial intelligence (AI) lab in an attempt to keep track of fraudulent financial deals. The agreement, recently...
Future FinTech Announces Submission of Compliance Plan to NASDAQ
XI'AN, China, June 18, 2019 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT; the "Company"), a financial technology company and integrated producer of fruit-related products, today announced that onJune 14, 2019, the Company submitted its plan of compliance in connection with its failure ...
Visa Prevents Approximately $25 Billion in Fraud Using Artificial Intelligence
SINGAPORE, June 18, 2019 /PRNewswire/ -- Visa Inc. (NYSE: V) today announced new analysis showing Visa Advanced Authorization (VAA) using artificial intelligence (AI) helped financial institutions prevent an estimated $25 billion in annual fraudmaking the global payment ecosystem safer for retail...
Malaysia Tech Week Brings the Best of Future Tech to Malaysia
KUALA LUMPUR, Malaysia, June 18, 2019 /PRNewswire/ -- Leaders from Maxis, IBM, Hong Leong Xchange, UOB Bank, U Mobile, Merchantrade, YES Communication and Facebook will be among the 40 industry influencers to share their knowledge with the startup ecosystem by leading over 30 side events by 200 o...
S BLOCK continues its discovery of the digital economy; Enthusiasm heats up for the Global Digital Economy Application Summit Forum in Bangkok, Thailand
BERN, Switzerland, June 14, 2019 /PRNewswire/ -- The Global Digital Economy Application Summit Forum will be held on29 June 2019 in Bangkok, Thailand. The conference is hosted by M Party - M Chain, with S BLOCK as the exclusive title sponsor. It is also supported by blockchain unicorn Aurumox Pro...
UnionPay International Adds New Mobile Payment Solution Packages to Open Source Platform
SHANGHAI, June 13, 2019 /PRNewswire/ -- UnionPay International ("UPI"), the global leading payment provider, announced today the introduction of the UPI wallet solution through its open platform, UPI Developer. Through logging on to the platform, both institutions and independent developers can ...
Ping An Ranks 40th in BrandZ(TM) Global Brands; Tops Global Insurance Brand List for 4th Consecutive Year
SHANGHAI and HONG KONG, June 13, 2019 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group"; HKEx: 2318; SSE: 601318) has ranked 40th in the latest BrandZ(TM) Top 100 Most Valuable Brands 2018 published by WPP, the world's largest communications servi...
Fintech Achiko Limited Plans for a Direct Listing on the SIX Exchange
JAKARTA, Indonesia and ZURICH, June 12, 2019 /PRNewswire/ -- Achiko Limited, a leading fintech provider inIndonesia, announced today that it plans to submit an application for a direct listing on the SIX Swiss Exchange,Switzerland's principal stock exchange. Achiko's primary business is Mim...
Axis Aha! surges with over 10 million Conversational Engagement
BANGALORE, India, June 12, 2019 /PRNewswire/ -- Axis Bank in partnership with Active.Ai, launched Axis Aha! in early 2018, has seen a surge in usage of its conversational AI platform on their mobile banking app which has over 10 million customers. "We are seeing good uptake, as we keep adding n...
Zero Commission Brokerages -- How Do They Make Money?
NEW YORK, June 11, 2019 /PRNewswire/ -- Below is a public letter from Anthony Denier, CEO of Webull Financial. As I travel around the country speaking to users, trading clubs, partners and peers, without fail, the first question I get after I explain our trading platform is simply:"How do you m...
Finscend's AI-Driven Credit Card Dispute Platform on Target to Trim Billions in Costs for Banks and Financial Institutions
Fintech trailblazer's AI-powered dispute resolution technology was developed in
response to feedback from 700+ banks in 150+ countries
TEL AVIV, Israel, June 11, 2019 /PRNewswire/ -- Finscend
Visa B2B Connect Launches Globally
SINGAPORE, June 11, 2019 /PRNewswire/ -- Visa Inc. (NYSE:V) today announced the commercial launch of the Visa B2B Connect network, giving financial institutions an ability to quickly and securely process high-value corporate cross-border payments globally.[1] The Visa B2B Connect launch will cove...
Wirecard Enables E-commerce Channel for IKEA Thailand's First Online Store
- Wirecard to provide digital payment services for Swedish furniture brand in Thailand, after implementing its platform services in Singapore and Malaysia - Across Thailand, businesses earned an estimated 3.3 billion euros in revenue through e-commerce in 2018 - Customers benefit from a consiste...
DZ PRIVATBANK Migrates From SSEOMS to Itiviti Multi-asset OMS Platform
LONDON, June 11, 2019 /PRNewswire/ -- Itiviti, a leading technology, and service provider to financial institutions worldwide, today announced that DZ PRIVATBANK, the cooperative private bank of DZ BANK Group, has successfully installed Itiviti's multi-asset OMS. By leveraging Itiviti's technolo...
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