Financial Services

KPMG expects to invest US$5 billion on digital leadership in professional services

AMSTELVEEN, Netherlands, Dec. 5, 2019 /PRNewswire/ -- KPMG today announced investments in technology, people and innovation, and expects to spendUS$5 billion over the next five years to enhance its leadership position in the digital transformation of professional services. This investment will a...

2019-12-05 19:00 1360

Mindtree Wins SAFA Best Presented Annual Report Award

WARREN, New Jersey and BANGALORE, India, Dec. 5, 2019 /PRNewswire/ --  Mindtree , a global technology services and digital transformation company, has received a prestigious award from South Asian Federation of Accountants (SAFA) as a mark of recognition of its strong et...

2019-12-05 17:45 12936

Eventus Systems Selects Itiviti's Managed FIX Service for Drop Copy Consolidation

NEW YORK, Dec. 5, 2019 /PRNewswire/ -- Itiviti, a leading technology and service provider to financial institutions worldwide, today announced that Eventus Systems, a multi-award winning global trade surveillance and market risk platform provider, has selected Itiviti's Managed FIX Service to co...

2019-12-05 16:38 950

Logistics companies highest rated for customer experience excellence in Hong Kong, financial services providers lag behind, KPMG survey finds

HONG KONG, Dec. 5, 2019 /PRNewswire/ -- Hong Kong-based consumers have named logistics brands as top performers for customer experience excellence (CEE), according to an online KPMG survey of 1,999 consumers in the city. Financial Services brands meanwhile received the poorest performance score. ...

2019-12-05 16:26 2196

Ping An Completes First Venture Investment in India to Enhance Auto Services Ecosystem

HONG KONG and SHANGHAI, Dec. 5, 2019 /PRNewswire/ -- Ping An Insurance (Group) of Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) announced that Ping An Global Voyager Fund, its overseas investment arm, has led aUS$70 million Series D in Indian auto technology co...

2019-12-05 15:45 14234

TMRW by UOB, first bank in Thailand to enable fingerprint and facial biometrics for speedier and safer account opening

SINGAPORE, Dec. 5, 2019 /PRNewswire/ -- TMRW by UOB, the first mobile-only bank for ASEAN's digital generation, today announced that it has enabled fingerprint and facial biometrics to make it speedier and safer for customers to open their TMRW accounts. In doing so, TMRW is the first bank in Th...

2019-12-05 14:51 4521

iClick's Co-founder and CEO Speaks about Innovation and Financing in HSBC's GBA+ Technology Fund Video Series

HONG KONG, Dec. 5, 2019 /PRNewswire/ -- Sammy Hsieh, Co-founder and CEO of iClick Interactive Asia Group Limited ("iClick" or "the Company") (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, was recently invited by HSBC Commercial Banking Hong Kong t...

2019-12-05 10:00 15239

Hummingbird Bioscience Raises US$19 Million in Series B Financing

SINGAPORE, Dec. 5, 2019 /PRNewswire/ -- Hummingbird Bioscience, an innovative biotherapeutics company pioneering the discovery and development of new breakthrough precision antibody therapeutics for difficult-to-treat conditions, today announced that it has raisedUS$19 million in a Series B finan...

2019-12-05 10:00 1854

DriveWealth Teams with Stockal, HDFC Securities to Make U.S. Stock Investing Straightforward, Affordable for Indian Investors

Powers Initiative with Fintech Firm, One of Largest Stockbrokers in India CHATHAM, New Jersey, Dec. 5, 2019 /PRNewswire/ -- DriveWealth, LLC, a U.S. based leader in global digital trading technology, today announced it has partnered with SV Capital inIndia to enable fintech firm Stockal and HDFC ...

2019-12-05 09:00 1643

Atos Cloud Computing opens office in China

PARIS and WUHAN, China, Dec. 5, 2019 /PRNewswire/ -- Atos, a global leader in digital transformation, unveiled a new office inWuhan, which will be the headquarters for Atos Cloud Computing, a recently-formed joint venture between Atos and leading cross-border digital economy fund investors Sequoi...

2019-12-05 09:00 5952

Arthur J. Gallagher & Co. Acquires Blueleaf Consulting Pty Ltd.

ROLLING MEADOWS, Illinois, Dec. 5, 2019 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of North Sydney,New South Wales-based Blueleaf Consulting Pty Ltd. Terms of the transaction were not disclosed. Founded in 2006, Blueleaf Consulting is a holistic financial wellbeing ...

2019-12-05 03:00 13383

Three HKTDC events offering creative solutions open today

HONG KONG, Dec. 4, 2019 /PRNewswire/ -- Organised by the Hong Kong Trade Development Council (HKTDC), the third edition of theHKTDC SmartBiz Expo, the thirdAsian E-tailing Summit and fifth HKTDC Hong Kong International Franchising Show opened today and run concurrently at the Hong Kong Convention...

2019-12-04 23:49 1370

Bahrain's Rsquare Technologies Signs MoU with Singapore's Startup Accelerator to Promote Cooperation and Foster Startup Growth

SINGAPORE, Dec. 4, 2019 /PRNewswire/ -- Bahrain-based software development company Rsquare Technologies andSingapore-based venture accelerator Startup Accelerator have signed a Memorandum of Understanding (MoU) to promote cooperation in FinTech and other emerging technologies while fostering inn...

2019-12-04 21:51 1996

PVEL, Ariel Re and Beecher Carlson Join Forces to Reduce Solar Project Financial Risk with PV PlantProtect

First-of-its-kind risk mitigation and insurance program uses technical due diligence best practices to improve solar project economics for developers BERKELEY, California, Dec. 4, 2019 /PRNewswire/ -- PV Evolution Labs (PVEL), Lloyd's ofLondon syndicate Ariel Re (a member of Argo Group), and Beec...

2019-12-04 21:00 12415

CPE receives Gold Award in Best Global Private Equity Fund at 2019 Private Equity Exchange & Awards for second consecutive year

BEIJING, Dec. 4, 2019 /PRNewswire/ -- CPE accepted the Best Global Private Equity Fund Gold Award at the Private Equity Exchange & Awards presented by Leaders League inParis on November 27, 2019. As a co-winner of the gold award with Advent International, CPE was recognized for its strengths and ...

2019-12-04 20:40 1049

Vakrangee to Launch India's First Rural Focussed Loyalty Program for its Customers

MUMBAI, India, Dec. 4, 2019 /PRNewswire/ -- Vakrangee Limited launches India's first rural focussed Vakrangee Kendra loyalty program to recognize its customers' loyalty by providing them extra benefits and a more rewarding experience across its network of Nextgen Vakrangee Kendras. The reward pr...

2019-12-04 17:32 3488

Southeast Asia's first women eSports organization, Callisto Gaming raised US$500k in seed funding

SINGAPORE, Dec. 4, 2019 /PRNewswire/ -- Callisto Gaming, a women eSports organization, recently announced that it has raised funding of US$500k and hopes to close its seed round soon. Callisto's Taiwan League of Legends Team Earlier in April ...

2019-12-04 16:54 5421

Virtual banks and FinTech to shake up banking industry in Hong Kong in 2020, according to KPMG's outlook

HONG KONG, Dec. 4, 2019 /PRNewswire/ -- The launch of virtual banks in Hong Kong in early 2020 is set to disrupt the traditional banking model and blur the lines between different sectors, according to KPMG's Hong Kong Banking Outlook 2020. At the same time, banks are expected to adopt more techn...

2019-12-04 16:44 2555

TCS Helps Ayala Land Digitally Transform its Finance Function

* Tata Consultancy Services Completes the First SAP S/4HANA Implementation in the Philippines * The Cloud-led Transformation Led to Increased Business Agility and Flexibility to Drive New Revenue and Profits for ALI MANILA, Philippines and MUMBAI, India, Dec. 4, 2019 /PRNewswire/ -- Tata Cons...

2019-12-04 16:00 13818

AsiaPay launched Xecure 3D Secure 2.0 technology

HONG KONG, Dec. 3, 2019 /PRNewswire/ -- AsiaPay, the leading digital payment service and technology leader inAsia, has completed certification for its EMV® 3-D Secure (3DS) version 2.2 and announced its launch ofXecure 3DS 2.0s solution - 3D Secure (3DS) 2.0 cardholder authentication solution to ...

2019-12-04 15:10 3141