Financial Technology

WealthTech firm WeInvest launches StratWealth - a marketplace aimed to provide better investment ideas for financial institutions

SINGAPORE, Nov. 12, 2019 /PRNewswire/ -- WeInvest, a Singapore-based digital wealth solutions provider today announced the launch of StratWealth, a platform providing algorithmically-generated customised investment solutions as well as sourcing or curating thematic trading baskets from global pla...

2019-11-12 10:00 612

WeBank's Henry Ma on Digital Banks: Promote Financial Inclusion and Achieve a Sustainable Business

SINGAPORE, Nov. 11, 2019 /PRNewswire/ -- Henry Ma, Executive Vice President and Chief Information Officer of WeBank, attended 2020: Digital Transformation Agenda panel discussion at the Singapore Fintech Festival. He briefly revisited WeBank's digital journey and suggested how to reconcile the...

2019-11-11 23:13 680

Ideanomics' MEG Division Provides Market Update: Launches Innovative Financing Program for EV Fleet Operators to Fulfill Sales Orders

-  Until now, EV market in China lacked financing infrastructure for fleet sales. MEG solves this with new, innovative, financing programs for fleet operators including umbrella financing -  MEG has sourced major fleet sales contracts, with additional orders pending, and requires robust and flex...

2019-11-11 22:14 3274

Intercontinental Exchange Partners With ADNOC and Some of the World's Largest Energy Traders in the 2020 Launch of ICE Futures Abu Dhabi, a New Futures Exchange

LONDON, Nov. 11, 2019 /PRNewswire/ -- Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that Abu Dhabi National Oil Company (ADNOC) and nine of the world's largest energy traders are ...

2019-11-11 20:53 1186

vCargo Cloud Launches CamelONE(TM) Trade Finance on the Networked Trade Platform

* CamelONE™ Trade Finance is the first unified multi-bank trade finance portal launched inSingapore to be supported by nine leading trade finance banks SINGAPORE, Nov. 11, 2019 /PRNewswire/ -- Homegrown global trade facilitation platform provider vCargo Cloud Pte. Ltd. ("VCC") announced today t...

2019-11-11 19:18 577

Long Asia Group sponsored FX trading forum attracts hundreds in Thailand

CHIANG MAI, Thailand, Nov. 11, 2019 /PRNewswire/ -- Foreign exchange (FX) trading has grown to become a popular type of investment over recent years with trading in the FX market reachingUS$6.6 trillion per day in April 2019, up US$5.1 trillion three years ago [1].

2019-11-11 16:25 745

New US$2 billion Investments Programme to Support Growth of Green Finance in Singapore

SINGAPORE, Nov. 11, 2019 /PRNewswire/ -- The Monetary Authority of Singapore (MAS) announced today that it has set up aUS$2 billion green investments programme (GIP) to invest in public market investment strategies that have a strong green focus. This will help to support theSingapore financial c...

2019-11-11 16:07 496

Intercontinental Exchange to Launch New Exchange in Abu Dhabi Global Market (ADGM) to Host World's First Murban Crude Futures Contracts

LONDON, Nov. 11, 2019 /PRNewswire/ -- Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that it will launch a new exchange, ICE Futures Abu Dhabi (IFAD), to host the world's first fut...

2019-11-11 15:15 1341

SMBC Nikko Securities Adopts Itiviti's Connectivity Solutions to Provide Superior Execution Services

TOKYO, Nov. 11, 2019 /PRNewswire/ -- Itiviti, a leading technology and service provider to financial institutions worldwide, today announced that SMBC Nikko Securities Inc., one ofJapan's largest brokerages has implemented Itiviti's high capacity low-latencymarket connectivity solutions for tradi...

2019-11-11 13:28 411

SMBC Nikko Securities adopts Itiviti's connectivity solutions to provide superior execution services

TOKYO, Nov. 11, 2019 /PRNewswire/ -- Itiviti, a leading technology and service provider to financial institutions worldwide, today announced that SMBC Nikko Securities Inc., one ofJapan's largest brokerages has implemented Itiviti's high capacity low-latency market connectivity solutions for trad...

2019-11-11 13:00 471

Inaugural SFF x SWITCH to Kick Off Tomorrow with a Focus on Sustainability

SINGAPORE, Nov. 11, 2019 /PRNewswire/ -- The Singapore FinTech Festival (SFF) and the Singapore Week of Innovation and TeCHnology (SWITCH) will come together for the first time as SFF x SWITCH. Running from 11 to 15 November, this event will gather the global innovation and business community inS...

2019-11-11 11:51 612

Fintech Achiko Limited lists its shares on the SIX Swiss Exchange

ZURICH, Nov. 8, 2019 /PRNewswire/ -- Achiko Limited ("Achiko", ISIN KGY0101M1024), a leading provider of game payment services inIndonesia, today lists its 89'632'142 shares on the SIX Swiss Exchange at a reference price of USD 0.70 per share. The free float amounts to 41.2 percent at the time of ...

2019-11-08 19:36 5358

Comdex Completes Over $10M Worth of Commodity Trade Processes

SINGAPORE, Nov. 8, 2019 /PRNewswire/ -- Comdex , a commodity trading platform built on the Commit blockchain, has completed trades worth over $10M on its platform. Comdex is enabling commodity traders to engage in cross-border settlements and conduct Pre-trade and Post-trade ...

2019-11-08 15:08 1261

Overseas users now can use WeChat Pay in Mainland China

GUANGZHOU, China, Nov. 8, 2019 /PRNewswire/ -- WeChat Pay is now collaborating with Visa, Mastercard, American Express, Discover Global Network (including Diners Club) and JCB to enable overseas users to link their credit cards to WeChat Pay and use it for payment transactions and services inChin...

2019-11-08 11:42 1041

Fintech-as-a-Service provider Rapyd brings together Singapore's key payment methods into the first all-in-one "Singapore Platform" to help businesses go cashless

SINGAPORE, Nov. 8, 2019 /PRNewswire/ -- Rapyd, a global Fintech-as-a-Service company, announced today its partnership with key players ofSingapore's payments ecosystem to provide a single "Singapore Platform" to enable businesses to go "cashless", in line with the country's vision of becoming a ...

2019-11-08 10:00 833

Tickmill Group Reports Strong Financial Performance in 9 Months of 2019

LONDON, Nov. 8, 2019 /PRNewswire/ -- Tickmill Group once again surpasses previous financial records, posting growth in key financial metrics.   The Tickmill Group smashes expectations by surpassing previous financial...

2019-11-08 01:58 857

Wallex Technologies -- as business soars above annualised GTV of US$1 billion with rapid monthly growth, Wallex Technologies expands its management team

SINGAPORE, Nov. 7, 2019 /PRNewswire/ -- Wallex Technologies exceeded annualised GTV of more thanUS$1 billion within months of its Singapore and Indonesia launch and its pre-Series A led by BEENEXT. Wallex's B2B-focused, FX and cross-border payments business, continues to grow at a rapid rate w...

2019-11-07 22:09 1101

Enterprise Ireland Showcases Irish Fintech Edge at Singapore Fintech Festival

SINGAPORE, Nov. 7, 2019 /PRNewswire/ -- Enterprise Ireland( www.irishadvantage.com/fintech ), the second largest investor in fintech companies in the world, will showcase the capabilities ofIreland's fintech sector at the Singapore Fintech Festival, which ta...

2019-11-07 15:16 579

Manulife Hong Kong reports record results for the third quarter of 2019

HONG KONG, Nov. 7, 2019 /PRNewswire/ -- The Manulife group of companies operating inHong Kong ("Manulife Hong Kong") today reported strong results for the third quarter and first nine months of 2019. Results overview:  * Core earnings - Record-high quarterly core earnings of HK$1.5 billion, u...

2019-11-07 11:32 5491

Xero Delivers 32% Operating Revenue Growth & Passes 2 Million Global Subscribers

SYDNEY, Nov. 7, 2019 /PRNewswire/ -- Xero Limited (ASX: XRO) today reports half year earnings to30 September 2019 (H1 FY20) delivering strong topline growth combined with improving gross margin and free cash flow. Performance highlights H1 FY20 (All figures in NZD and comparisons are made agains...

2019-11-07 11:22 5292
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