Financial Technology
REVO Teams Up with Mastercard to Launch Malaysia's First Card-Linked Rewards Platform
KUALA LUMPUR, Malaysia, Dec. 16, 2019 /PRNewswire/ -- OfferStation Sdn Bhd, a member of the Innity Group of companies, has introduced a Card-Linked Rewards Platform calledREVO, to increase in-store traffic and sales for merchants while rewarding consumers and members alike for shopping. Leveragin...
FinVolution Group Announces Strategic Investment and Partnership with Fujian Haixia Bank
SHANGHAI, Dec. 16, 2019 /PRNewswire/ – FinVolution Group (formerly known as "PPDAI," or the "Company") (NYSE: FINV), a leading fintech platform inChina, today announced the completion of an equity investment inFujian Haixia Bank ("FHB"). Pursuant to the share purchase agreement, FinVolution Gro...
VIISA Acceleration Program Batch 6 graduated
HO CHI MINH CITY, Vietnam, Dec. 13, 2019 /PRNewswire/ -- At the beginning of December 2019, VIISA announced the completion of the sixth batch of its 4-month acceleration program with its "Investment Day". The invitation-only event welcomed more than 100 active investors, corporations and startup ...
Progressive Approach in Embracing the Digital Finance Key to Labuan IBFC's Growth in Financial Innovation
KUALA LUMPUR, Malaysia, Dec. 12, 2019 /PRNewswire/ -- "Labuan International Business and Financial Centre's (Labuan IBFC's)'digital family' continues to grow in recognition of the progressive approach the centre has taken in embracing the digital revolution by being as facilitative as possible to...
OneConnect wins prestigious award at the 2019 Kotler Future Marketing Summit for its outstanding global marketing efforts
SINGAPORE and BEIJING, Dec. 11, 2019 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd (OneConnect), an associate company of Ping An Group, won the "Kotler New Marketing Year Successful Overseas Marketing Award" at the prestigious "2019 Kotler Future Marketing Summit" held inBeijing on 12 ...
WeLab raises US$156M in Series C strategic financing, completing the largest fintech fundraising in Greater China in 2019
HONG KONG, Dec. 12, 2019 /PRNewswire/ -- WeLab, a leading fintech company in Asia, today announces that is has raised US$156 million (equivalent to over HK$1.2 billion) of Series C strategic financing, completing the largest fintech fundraising inGreater China, year to date. This round drew the b...
UnionPay International Partners uab bank to Enable UnionPay Contactless Payment Acceptance in Myanmar
YANGON, Myanmar, Dec. 12, 2019 /PRNewswire/ -- Global payment network UnionPay has partnered with uab bank to enable acceptance of UnionPay Contactless payment at a variety of retail, food & beverage, telecommunication, homeware and other merchants inMyanmar. Beginning with enabling UnionPay Cont...
Assured Asset Management Launches Supply Chain Finance Solution with Shui On Group
HONG KONG, Dec. 12, 2019 /PRNewswire/ -- Assured Asset Management ("Assured"), a Hong Kong-based technology-driven asset manager, has launched its Traceable Accounts Payable ("TAP") platform with the Shui On Group. TAP is a blockchain-based digital payment system backed by approved supplier accoun...
Cango Inc. Named in EqualOcean's Rankings for Top 20 Most Innovative Automotive Fintech and Service Providers Worldwide in 2019
BEIJING, Dec. 11, 2019 /PRNewswire/ -- Cango, Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, has been named to the list for the Top 20 Most Innovative Automotive Fintech and Service Providers Worldwide in 2019. Conducted by EqualOcean and ...
HPD LendScape Acquires Software Consultancy, Finaptix, to Accelerate Global Growth
LONDON, Dec. 11, 2019 /PRNewswire/ -- Working capital finance software provider, HPD LendScape, has acquired leading software implementation consultancy, Finaptix, in a move to address the asset finance sector, extending its LendScapeÒ platform to all forms of secured lending. The deal adds indu...
TradingView Launches Top Brokers Product to Increase Financial Transparency and Accountability
NEW YORK, Dec. 11, 2019 /PRNewswire/ -- TradingView
FinVolution Group's Subsidiary Receive Approval to Connect to The People's Bank of China Credit Reference Center
SHANGHAI, Dec. 11, 2019 /PRNewswire/ -- FinVolution Group (formerly known as "PPDAI," or the "Company") (NYSE: FINV), a leading fintech platform inChina, today announced the People's Bank ofChina (PBOC) has approved the Company's online micro-lending subsidiary to be connected to the PBOC Credit ...
CapBridge, Dun & Bradstreet, and Singapore Commercial Credit Bureau Form Partnership to Provide Private Market Investors with Robust Information, Data, and Analytics
SINGAPORE, Dec. 11, 2019 /PRNewswire/ -- * Dun & Bradstreet and Singapore Commercial Credit Bureau will provide business intelligence on companies that are raising capital with CapBridge, empowering and supporting private investors in their investment decisions * Information provided include...
Lufax CEO Greg Gibb Forecasts Partnerships and Scenarioization in the Future of FinTech
SHANGHAI, Dec. 11, 2019 /PRNewswire/ -- Lufax chief executive officer Greg Gibb shared his thoughts on the future of FinTech, presaging inter-discipline partnerships and cross-platform scenarioization, at the Committee of 100 Greater China Conference and Gala 2019, held at the Ritz-Carlton Shangh...
MDT Releases TMR6209 Magnetic Pattern Recognition Sensor for Banknote Validation
Strong IP Portfolio and Advanced Manufacturing Facility Ensure High-quality Production, Stress-free Customization, and Sustained Supply of TMR Sensors for Financial Anti-counterfeit Appliances SAN JOSE, Calif. and ZHANGJIAGANG, China, Dec. 11, 2019 /PRNewswire/ -- MultiDimension Technology Co., ...
China Rapid Finance will Announce 2019 Nine Months Unaudited Financial Results on December 16, 2019
SHANGHAI, Dec. 10, 2019 /PRNewswire/ -- China Rapid Finance Limited (NYSE: XRF) ("XRF" or "the Company"), one ofChina's leading fintech companies, today announced that it will announce its unaudited financial results for the nine months endedSeptember 30, 2019 on December 16, 2019, which will bri...
Hexindai Working on Application for Micro-Lending License to Further Diversify Business
BEIJING, Dec. 10, 2019 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a fast-growing consumer lending marketplace in China, today announced that it is working on its application for a micro-lending license in China in an effort to further diversify its business. Chinese...
Wirecard's New In-store Payment Solution Makes it Easy and Quick for IKEA Customers in Malaysia to pay by Installments
- With Wirecard's unique Unified Point-of-Sale solution, merchants only need one terminal for all digital payment options - Merchants benefit from increased sales and improved customer satisfaction and retention - In addition to Malaysia, installment plan solution to be rolled out across al...
Phoenix Finance wins the Asian Banker's "Digital Wealth Management Service of the Year in China" Award
SHANGHAI, Dec. 9, 2019 /PRNewswire/ -- The Wealth and Society Summit 2019 hosted by the Asian Banker was held inShanghai on December 6th. Chairman of the Asian Banker Mr.Emmanuel Daniel, managing director of Rockefeller Capital Management Mr.Guy Dietrich, professor of Shanghai Advanced Institute ...
InfraRisk Expands Auto Financing Cooperation with Toyota Finance, Taurus Motor Finance
MELBOURNE, Australia, Dec. 9, 2019 /PRNewswire/ -- InfraRisk Pty Ltd. (InfraRisk), a leading supplier of credit management solutions inAustralia, today announced it has expanded cooperation in auto financing with Toyota Financial Services toGermany and Austria to facilitate its credit process whe...
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