Financial Technology

Rokt appoints Chief Product Officer to accelerate transformation of e-commerce

Rokt continues to invest in strengthening the team with the appointment of Hunter Yaw NEW YORK, March 16, 2021 /PRNewswire/ -- Rokt, the global leader in e-commerce technology, today announced the addition ofHunter Yaw as Chief Product Officer. Yaw will lead Rokt's product development and play a...

2021-03-16 06:00 6205

Validus' Indonesian arm Batumbu granted full digital lending license from OJK to further drive MSME financial inclusion

* Batumbu has disbursed over S$207 million to MSMEs since starting its operations inApr 2019, and recorded close to 650% annual growth last year * SME financing platform Validus has received regulatory approval in three markets acrossSoutheast Asia - the award-winning fintech is also licensed ...

2021-03-15 18:05 6079

Avoiding credit-risk related collapses: TradeFlow reduces risk in SME trade finance using innovative FinTech, non-lending, non-credit system

SINGAPORE, March 15, 2021 /PRNewswire/ -- When large credit lending firms collapse, huge shockwaves are sent throughout industry; the risk of contagion looms, threatening thousands of jobs, disrupting supply chains for essential goods, and increasing the barriers to credit that hits SMEs most. ...

2021-03-15 12:44 4708

CLPS Incorporation Announces Chairman's Letter to the Company's Shareholders

HONG KONG, March 12, 2021 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today released a letter to shareholders from the Chairman of the Company's Board of Directors (the "Board"), the full text of which is provided below. All CLPS shareholders are encouraged to rea...

2021-03-12 21:30 5449

CLPS Incorporation Announces Chairman's Letter to the Company's Shareholders

HONG KONG, March 12, 2021 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today released a letter to shareholders from the Chairman of the Company's Board of Directors (the "Board"), the full text of which is provided below. All CLPS shareholders are encouraged to rea...

2021-03-12 21:30 4643

Cutting-edge Scale-Out Technology from Toshiba will Take Fintech and Logistics to New Level

TOKYO, March 12, 2021 /PRNewswire/ -- Toshiba Corporation (TOKYO: 6502), the industry leader in solutions for large-scale optimization problems, today announced a scale-out technology that minimizes hardware limitations, an evolution of its optimization computer, the Simulation Bifurcation Machin...

2021-03-12 11:00 8416

Lightspeed to acquire Vend to power global retail expansion

Omnichannel commerce leader grows customer base by more than 20,000 customer locations worldwide, entrenches leadership position inAsia-Pacific MONTREAL, March 12, 2021 /PRNewswire/ -- Lightspeed POS Inc. (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platfo...

2021-03-12 05:30 2035

Epidemic Sound brings in EQT Growth and Blackstone Growth to support its next phase of development

STOCKHOLM, March 12, 2021 /PRNewswire/ --            * EQT Growth and funds managed by Blackstone Growth invest USD 450 million in Epidemic Sound, the market leading platform for restriction-free music, in a transaction valuing the company atUSD 1.4 billion             * EQT Growth will, tog...

2021-03-12 01:15 6827

MSTS Rebrands as TreviPay, Ushering in a New Era of Business-to-Business Payments Amid Digital Commerce Transformation

New brand identity matches company's mission to propel B2B payments industry forward OVERLAND PARK, Kan., March 11, 2021 /PRNewswire/ -- MSTS, a global B2B payment company, today announced a new brand identity and name —TreviPay. The company's new branding reflects its role as the preferred B2B ...

2021-03-11 23:00 2212

Leading Singapore FinTech Trade Innovators Join Forces to Provide Enhanced Digital Trade Solutions to SME Firms

SINGAPORE, March 11, 2021 /PRNewswire/ -- TradeFlow Capital Management (TradeFlow), has entered into a partnership with #dltledgers promising to reduce the liquidity shortage for small and medium enterprises (SMEs) trading bulk commodities around the globe. Estimated by the Asian Development Bank...

2021-03-11 20:31 4663

FinVolution Group Reports Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results

SHANGHAI, March 11, 2021 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform inChina, today announced its unaudited financial results for the fourth quarter and fiscal year endedDecember 31, 2020. Fourth Quarter 2020 Financial and Operatio...

2021-03-11 15:20 6875

FinVolution Group Announces Dividend of US$ 0.17 per American Depositary Share for Fiscal Year 2020

SHANGHAI, March 11, 2021 /PRNewswire/ – FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform inChina, today announced that its board of directors (the "Board) has declared a dividend of US$0.17 per American Depositary Share for its fiscal year 2020, which i...

2021-03-11 15:15 7196

LTI Tops Everest Group's IT Services Challenger 2021 List

Listed as the Star Performer of the Year for Banking and Financial Services MUMBAI, India, March 11, 2021 /PRNewswire/ -- Larsen & Toubro Infotech (BSE: 540005) (NSE: LTI) , a global technology consulting and digital solutions company has topped the list of 'IT Services Challenger 2021' in Everes...

2021-03-11 14:25 5279

Xiaomi's Strategic Investment into AMTD Capital, Calvin Choi and Zhao Weixing jointly signed the board resolution

HONG KONG, March 10, 2021 /PRNewswire/ -- AMTD Group announced that Airstar Digital (fomerly named as Xiaomi Digital), a subsidiary of Xiaomi Corporation, invested in AMTD Capital, a subsidiary of AMTD International (NYSE: HKIB; SGX: HKB). AMTD Capital has obtained an approval earlier last year b...

2021-03-11 11:43 8052

FICO Survey: 69% of Thais Prefer to Use Digital Channels to Engage with their Bank During Financial Hardship

Appeal of in-person branch banking fading fast post pandemic BANGKOK, March 11, 2021 /PRNewswire/ -- Highlights: * 69 percent of Thai consumers prefer to use digital channels to engage with ...

2021-03-11 10:00 8607

NuORDER Announces $45M Funding

Leading B2B commerce platform's latest investment round signals fast-changing wholesale and retail landscape LOS ANGELES, March 10, 2021 /PRNewswire/ -- NuORDER, the leading B2B e-commerce platform announces it has raised$45 million in a round led by Brighton Park Capital and Imaginary Ventures....

2021-03-10 23:00 3164

TD Holdings, Inc. Announces Exercise of Warrants for An Aggregate of 808,891 Shares of Common Stock

SHENZHEN, China, March 10, 2021 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) (the "Company"), a commodities trading service provider in China, today announced a waiver and warrant exercise agreement by the Company and several accredited investors, pursuant to which certain accredited investors...

2021-03-10 21:30 7416

Tanla's DLT platform Trubloq built to enforce TRAI regulation

- Trubloq empowers customers and enables enterprises by curbing spam calls, messages HYDERABAD, India, March 10, 2021 /PRNewswire/ -- Tanla Platforms Limited said today that the company is supporting enterprises in meeting the TCCCPR requirement to register content templates with the telecom re...

2021-03-10 20:00 5264

LexisNexis(R) Risk Solutions Named Best Cybersecurity Solution by Asian Private Banker Technology Awards for Second Year in a Row

HONG KONG, March 10, 2021 /PRNewswire/ -- LexisNexis® Risk Solutions won for Best Cybersecurity Solution at the sixth Asian Private Banker Technology Awards. The award recognized the LexisNexis® ThreatMetrix® product, a digital identity intelligence and authentication solution that enables better...

2021-03-10 12:00 12831

Exiger Announces Integration and Partnership with SecurityScorecard to Strengthen Supply Chains for Defense and Critical Infrastructure

NEW YORK, March 9, 2021 /PRNewswire/ -- Exiger, the global market leader in Supply Chain and Third-Party Risk Management solutions, has announced its partnership withSecurityScorecard, the global leader in cybersecurity ratings. The partnership was formed to support Exiger's efforts to secure sup...

2021-03-09 22:00 2637