Financial Technology
SUNRATE joins Mastercard's Priceless Planet Coalition
SINGAPORE, May 20, 2024 /PRNewswire/ -- SUNRATE, an intelligent global payment and treasury management platform today announced it has joined Mastercard Priceless Planet Coalition in support of fighting climate change through funding the restoration of 100 million trees. This announcement is part...
Osome Raises US$17M in Series B Funding
Money will be used to strengthen the balance sheet with a key objective to accelerate the path to profitability. SINGAPORE, May 17, 2024 /PRNewswire/ -- Osome, a leading finance admin platform for founders and small and medium businesses (SMBs), today announced it has concluded its Series B fund...
Moomoo Malaysia Empowers Investors with Launch of Fractional Shares as 80% of Young Investors Plan EPF 3 Fund for Investment In The Stock Market
KUALA LUMPUR, Malaysia, May 17, 2024 /PRNewswire/ -- Moomoo Malaysia
XTransfer Wins Best Cash Management Solution at The Asset Triple A Awards 2024
HONG KONG, May 17, 2024 /PRNewswire/ -- XTransfer, the World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform,is thrilled to announce the winning of the "Best Cash Management Solution" at The Asset Triple A Treasurise Awards (E-Commerce, Media, Technology) 2024. This award recogni...
Moldova Innovation Technology Park Unveils Comprehensive IT Investment Guide Highlighting Tech Potential
CHISINAU, Moldova, May 17, 2024 /PRNewswire/ -- Moldova is positioning itself
as a rising tech hub with the release of the "IT Investment Guide for Moldova
G-P and ADP Expand Collaboration to Simplify Global Employment
Industry innovators G-P and ADP announce enhanced partnership BOSTON, May 16, 2024 /PRNewswire/ -- G-P (Globalization Partners), the recognized leader in the global employment market, and ADP, a leading global technology company providing human capital management (HCM) solutions, announce expand...
Over 10 innovative CDBC card services launched in six months on OpenWay's Way4 system
ALMATY, Kazakhstan, May 16, 2024 /PRNewswire/ -- In just 6 months after Kazakhstan launched the digital tenge, its Central Bank Digital Currency, over 10 innovative CBDC card services have become available to the country's population of 20 million.Altyn Bank, Eurasian Bank and Halyk Bank leverag...
ZOLOZ Joins AI Ethics & Governance Body of Knowledge Framework
SINGAPORE, May 16, 2024 /PRNewswire/ -- On May 16, ZOLOZ announced its participation inSingapore's AI Ethics & Governance Body of Knowledge (BoK) to collaborate with industry institutions in developing a healthy, robust, and ethical ecosystem for Artificial Intelligence. The BoK was launched by ...
Labuan IBFC Inc. and RAM jointly host event on Labuan captive solutions for self-insurance
This collaboration arises from RAM's LECA® rating service for credit and performance evaluation of Labuan IBFC licensees KUALA LUMPUR, Malaysia, May 16, 2024 /PRNewswire/ -- RAM Rating Services Berhad (RAM Ratings),Malaysia's premier rating agency, and Labuan IBFC Incorporated Sdn Bhd (Labuan IB...
PayerMax Won 2024 "The Asset Triple A Award", Multi-Currency Global Collection Solution Recognized
SINGAPORE, May 16, 2024 /PRNewswire/ -- Recently, the prestigious international financial media outlet, The Asset, announced the results of the 2024 "The Asset Triple A Awards." PayerMax stood out with its exceptional multi-currency virtual account solution and H2H bulk payment solution, as well ...
ACE Money Transfer Secures a Payment Institution License from Central Bank of Ireland
DUBLIN, May 15, 2024 /PRNewswire/ -- ACE Money Transfer, a leading global money transfer service, has secured a Payment Institution License from the Central Bank ofIreland. After months of thorough assessment and evaluation by the Irish Regulator, this significant milestone highlights ACE's dedic...
Ultima Markets Recognised as Most Popular Broker 2024 by BrokersView
EBENE CYBERCITY, Mauritius, May 15, 2024 /PRNewswire/ -- Ultima Markets, a fast-growing online trading broker is proud to announce that it has been honoured with "Most Popular Broker Award 2024" at Award for Brokers with Outstanding Assessment • Singapore Award Ceremony by BrokersView. Ultima Ma...
Germany Records Big Rise in Foreign Direct Investment in 2023
The volume of international business expansions to and in Europe's largest economy increased by over 37 percent last year. BERLIN, May 14, 2024 /PRNewswire/ -- Germany attracted 34.8 billion euros worth of international business projects in 2023 – that's the result of Germany Trade & Invest's (G...
Tencent Cloud Collaborates with BRI and Hi Cloud Indonesia to Drive Banking Technology Innovation
JAKARTA, Indonesia, May 14, 2024 /PRNewswire/ -- Tencent Cloud, the cloud
business of global technology companyTencent, has recently announced the
signing of a Memorandum of Understanding (MoU) withPT. Bank Rakyat Indonesia
(Persero) Tbk. (BRI) and Hi Cloud Indonesia
CIMB Singapore offers high interest rate of 3.55%* per annum on new CIMB Business Fixed Deposit accounts
* CIMB Business Fixed Deposit account is one of the highest interest-bearing business accounts available in the market to support SMEs that are navigating the volatile macroeconomic environment. * CIMB Singapore's commitment to customer-centricity is bearing fruit. In FY23, their Commercial B...
Labuan IBFC and Qatar Financial Centre launch joint publication on Islamic finance
Joint publication was launched in conjunction with masterclass series which featured panel discussions on Shariah-compliant leasing and wealth management solutions DOHA, Qatar, May 9, 2024 /PRNewswire/ -- Labuan International Business and Financial Centre (Labuan IBFC),Asia's premier business an...
Synechron Acquires iGreenData, a Digital Engineering Organization Headquartered in Melbourne, Australia
This acquisition enables Synechron to enhance its technological capabilities,
broaden its service offerings, and expand its coverage to the Australian market.
SYDNEY, May 14, 2024 /PRNewswire/ -- Synechron
Newgen Recognized in the Gartner® Market Guide for Commercial Banking Cash Management and Trade Finance Solutions 2023 Report
Newgen's platform for Trade Finance, designed by industry experts, emerges as a
game changer for banks
NOIDA, India, May 13, 2024 /PRNewswire/ -- Newgen Software, a global provider
of a low-code platform
Shanghai Data Exchange Invited to BIS Innovation Summit 2024
BASEL, Switzerland, May 11, 2024 /PRNewswire/ -- Under the theme of "Navigating Rapid Innovation," the prestigious Bank for International Settlements (BIS) Innovation Summit 2024 was convened inBasel, Switzerland on May 6-8, 2024 to discuss how technological innovation's intensified speed is offe...
OPay Announces Its First Monthly Profit With Nearly 10 Million Daily Active Trading Users
SINGAPORE, May 11, 2024 /PRNewswire/ -- OPay, the leading Fintech company focused on emerging markets, today announced its landmark first monthly profitability, with daily active trading users soaring past 9 million and poised to breach the 10 million mark. This marks a significant milestone in ...
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