Financial Technology

WeBank Wins 3 Prizes at The Asian Banker Awards 2020

SHENZHEN, China, Aug. 31, 2020 /PRNewswire/ -- WeBank, the first privately-owned and digital-only bank inChina, has won three prizes at The Asian Banker Awards. The Company won "The Best Digital Bank inAsia Pacific" and "The Best Blockchain Initiative, Application or Programme" for the second co...

2020-08-31 19:09 2486

ChinaAMC Proudly Introduces Hang Seng TECH Index ETF (Ticker: 3088.HK / 9088.HK) to the Market

Embrace Technology for a Brighter Future HONG KONG, Aug. 31, 2020 /PRNewswire/ -- Investment involves risks, including the loss of principle. Past performance is not indicative of future results. Before investing in the ChinaAMC Hang Seng TECH Index ETF (the "Fund"), investor should refer...

2020-08-31 17:43 2843

BigBrainBank.org leaps into the trading signals market with Asia's first AI Personal Financial Advisor

KUALA LUMPUR, Malaysia, Aug. 28, 2020 /PRNewswire/ -- BigBrainBank.org is a technology-enabler that specialises in fintech-edutech for the largest financial markets in the world. Our vision is to build a global ecosystem that focuses on financial literacy with an education platform that supports ...

2020-08-28 16:03 4166

Live Life Your Way with WavePay

YANGON, Myanmar and SINGAPORE, Aug. 28, 2020 /PRNewswire/ -- Enter a world of lifestyle possibilities with WavePay,Myanmar's trusted mobile wallet application.  Powered by the country's leading mobile financial services provider Wave Money, WavePay unveils an exciting array of in-app services und...

2020-08-28 11:13 2733

YouTrip Pivots to Overseas E-commerce Payment Amidst Pandemic, Sees a 300% Increase in Transactions

SINGAPORE, Aug. 28, 2020 /PRNewswire/ -- YouTrip , Singapore's leading multi-currency mobile wallet celebrates its second year anniversary since itsSingapore launch in 2018. Following its record-breaking pre-Series A funding ofUS$26m in May 2019, YouTrip has tripled its gr...

2020-08-28 10:31 2684

Yiren Digital Reports Second Quarter 2020 Financial Results

BEIJING, Aug. 27, 2020 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading fintech company inChina, today announced its unaudited financial results for the second quarter endedJune 30, 2020. Second Quarter 2020 Operational Highlights Wealth Management—Yi...

2020-08-28 05:00 13914

Yeahka Announces 2020 Interim Results, Technology-enabled Business Services Realized Rapid Growth in Revenue and its Customer Base

HONG KONG, Aug. 27, 2020 /PRNewswire/ -- Yeahka Limited ("Yeahka" or the "Company", Stock Code: 9923), the leading payment-based technology platform in China, is pleased to announce the unaudited consolidated results for the six months endedJune 30, 2020 (the "Period" or the "Reporting Period"). ...

2020-08-27 20:18 7143

Blue Launches Blue Innovation Challenge 2020 in search for Entrepreneurs to Shape the Future of Finance and Insurance

HONG KONG, Aug. 27, 2020 /PRNewswire/ -- Blue , the first digital life insurer inHong Kong, today announced the launch of Blue Innovation Challenge 2020 , an innovative fintech competition designed to foster the...

2020-08-27 15:41 2906

Techstars to Partner with ABN AMRO

New accelerator program will support startups that are transforming financial services in business and life BOULDER, Colorado, Aug. 27, 2020 /PRNewswire/ -- Techstars, the global platform for investment and innovation, andABN AMRO have agreed to a three-year partnership to accelerate innovation ...

2020-08-27 14:00 2224

Visa harnesses real-time deep learning to enhance transaction processing

SINGAPORE, Aug. 26, 2020 /PRNewswire/ -- Visa Inc. (NYSE: V) today announced Visa Smarter Stand-in Processing (Smarter STIP), a new capability that uses real-time artificial intelligence (AI) to help financial institutions manage transaction authorisations when service disruptions occur. Using de...

2020-08-26 20:15 13647

MoneyGram Expands Digital Network and Mobile Wallet Capability by Integrating with Global Payment Network, Thunes

JOHANNESBURG and SINGAPORE, Aug. 26, 2020 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced a partnership with leading fintech payment network, Thunes, which will enable MoneyGram's customers to seamlessl...

2020-08-26 17:42 2974

Tickmill Group Sees Further Growth in 2019

LONDON, Aug. 26, 2020 /PRNewswire/ -- Tickmill Group ended 2019 by recording significant growth in financial metrics which are outlined as follows: * Net revenue stood at $68.6 million, marking a 52.1% increase from 2018's result of$45.1 million. * Net profit came in at $37.7 million, up 91.4...

2020-08-26 16:00 2055

SGX Partners with Cassini Systems to Help Market Participants Prepare for Uncleared Margin Rules (UMR)

Exchange and Analytics Firm Offer Service for SGX Users to Manage and Comply with UMR SINGAPORE and LONDON, Aug. 26, 2020 /PRNewswire/ -- Singapore Exchange (SGX), the world's largest and fastest-growing Asian foreign exchange (FX) futures marketplace, and Cassini Systems, the leading provider o...

2020-08-26 07:00 2462

Private Trade Finance Firm, USEC, Issues Limited Private Placement Offering to Expand Trade Operations

GENEVA, Switzerland, Aug. 25, 2020 /PRNewswire/ -- Geneva based international investment firm,United Securities Equity Corp (USEC)   has recently issued a new limited private placement offering in order to further strengthen its investment portfolio and stimulate trad...

2020-08-25 21:06 2562

FinVolution Group Announces New Share Repurchase Program of up to US$60 million

SHANGHAI, Aug. 25, 2020 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform inChina, today announced that effectiveAugust 24, 2020, the board of directors of the Company (the "Board") approved a new share repurchase program (the "New Progra...

2020-08-25 16:05 11383

FinVolution Group Reports Second Quarter 2020 Unaudited Financial Results

SHANGHAI, Aug. 25, 2020 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform inChina, today announced its unaudited financial results for the second quarter endedJune 30, 2020. Second Quarter 2020 Financial and Operational Highlights * N...

2020-08-25 16:00 11130

FICO Survey: 74% of Malaysian Banks Believe AI Will Stop More Money Laundering

26 percent currently experience significant struggles modifying their existing rules-based anti-money laundering (AML) compliance system KUALA LUMPUR, Malaysia, Aug. 25, 2020 /PRNewswire/ -- Highlights: * 74 percent of Malaysian banks believe AI will stop more money laundering. * 87 percent ...

2020-08-25 09:00 12171

OCB Life to Launch Breakthrough BchainLife Blockchain 3.0 Technology Next Year

HO CHI MINH CITY, Vietnam, Aug. 25, 2020 /PRNewswire/ -- OCB Life has developed a number of innovative Blockchain applications across multiple industries. As part of the company's strategic plans, OCB Life intends to set up a decentralized, peer-to-peer exchange for financial products in the futu...

2020-08-25 09:00 2772

AirPay FinTech integrate with AsiaPay, facilitate eCommerce merchant to accept and drive sales via Alipay, WeChat Pay & UnionPay digital marketing

* eCommerce merchant can now accept and drive sales via Alipay, WeChat Pay & UnionPay through AirPay - AsiaPay payment gateway integration. * AirPay FinTech provides digital marketing support to drive 1M+ Chinese consumers to merchants' website. * Support popular shopping cart like Shopify, ...

2020-08-25 06:00 2696

Global Financial Technology Platform Nium Expands Presence in Latin America through Partnership with Teledolar

SINGAPORE, Aug. 24, 2020 /PRNewswire/ -- Global fintech platform Nium  announces partnership with Costa Rica's leading fintech platformTeledolar  today. The move supports Nium's continued plans to utilise fintech tools to improve business efficie...

2020-08-24 22:00 1119
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