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...
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 ...
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. ...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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/ --
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....
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...
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...
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...
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...
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