Financial Technology
World renowned speakers confirmed for Virtual FinTech Fair
HONG KONG, July 29, 2020 /PRNewswire/ -- The Virtual FinTech Fair, co-hosted by FinStep Asia and Novsphere Media, has confirmed that over 70 world renowned speakers will debate and discuss the future of the financial industry on 4-5th August 2020. The event will also be Asia's premier fully vi...
Combining Shopping and Personal Finance App, Revolut Launches Rewards After Closing Series-D Funding
* Revolut unveils lifestyle offerings, Revolut Rewards, and accelerates product rollout this year after the latest funding round ofUS$80M * Revolut Rewards features top merchant partners, allowing customers to save more through special discounts, cashback and FX savings on cross border e-comm...
ComplyAdvantage Closes US$50M Series C to Fuel Growth and Expansion in Fight Against Financial Crime
World Leader in Financial Crime Detection Technology Backed by Funding from Ontario Teachers' Pension Plan Board, Index Ventures, and Balderton Capital NEW YORK and TORONTO, July 29, 2020 /PRNewswire/ -- ComplyAdvantage, a global technology company transforming financial crime detection, has anno...
OPIM Partners with Hongcheng Capital to Launch Offshore Fund
HONG KONG, July 27, 2020 /PRNewswire/ -- OP Investment Management ("OPIM"), Asia's leading fund platform, is partnering with Beijing Hongcheng Capital Co., Ltd. ("Hongcheng Capital") to launch its first offshore fund named HC Capital (the "Fund"), which is Cayman-domiciled and for professional in...
A Winning Streak With FP Markets
SYDNEY, July 27, 2020 /PRNewswire/ -- As the curtain comes down on another
thrilling football season,
WeTrade Group provides better solutions for 100 million micro-business users in China
BEIJING, July 24, 2020 /PRNewswire/ -- WeTrade Group INC (OTC: WETG) ("WeTrade" or "the Company") provides technical services and solutions based on membership-based social e-commerce. Through big-data, social recommendation relationships, multi-channel App data statistics, etc., the Company ...
Ping An Bank Named Asia's Best Digital Bank by Euromoney, A First for Chinese Bank
HONG KONG and SHANGHAI, July 24, 2020 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) announced that the Group's subsidiary, Ping An Bank Co., Ltd. (hereafter "Ping An Bank", SZ:000001) won the "Asia's Best Digital Bank" ...
YAS Empowers Insurtech with Disruptive Innovations for the Future and Beyond Reshaping the Insurance Industry with a New Ecosystem and Business Model
HONG KONG, July 24, 2020 /PRNewswire/ -- YAS Digital Limited (YDL), the Hong Kong-based regional insurtech venture, today unveiled Hong Kong's first microinsurance marketplace – YAS, which utilizes innovative technologies such as 5G, AI, blockchain, data analytics, and open API, to reshape the in...
Cassini Systems and IHS Markit Partner to Provide Automated Margin Estimates within thinkFolio
LONDON and NEW YORK, July 23, 2020 /PRNewswire/ -- Cassini Systems, the leading provider of pre- and post-trade margin and collateral analytics for derivatives markets, and business information provider IHS Markit (NYSE: INFO) announced today that they are partnering to automate the calculatio...
IndiaStack is Brilliant; Next Step to Make it Globally Interoperable: Says Shivananda, CTO, Paypal, at the Global Fintech Fest
MUMBAI, India, July 23, 2020 /PRNewswire/ -- The first day of Global Fintech Fest (GFF) 2020 - the largest two-day virtual fintech meet-up saw powerful ideas and forecasts coming from several marquee global fintech and BFSI leaders. GFF, supported by World Bank and the United Nations Capital Deve...
NPCI introduces UPI AutoPay facility for recurring payment
- Customers can now set e-mandate on UPI platform to perform recurring payments of upto Rs. 2000; for amount aboveRs. 2000, customers have to execute every mandate withUPI PIN - Customers can now enable recurring e-mandate using any UPI application for recurring payments such as mobile bills, e...
Maxonrow Organizes Hackathon to Reimagine Blockchain for Healthcare Solutions
TAIPEI, July 22, 2020 /PRNewswire/ -- Maxonrow announces its first-ever MAXathon, an online hackathon fromSeptember 5 to October 3, 2020, where blockchain experts, developers, and other tech enthusiasts will reimagine blockchain for healthcare applications in response to the global challenges pr...
Eventus Systems appoints Joseph Schifano to new role of Global Head of Regulatory Affairs
Names Mikhail Gasiorowski Sales Director, North America and Diane Imas Director of Marketing AUSTIN, Texas and NEW YORK, July 22, 2020 /PRNewswire/ -- Eventus Systems, Inc., a multi-award winning global trade surveillance and risk management software platform provider, today announced the appoin...
UnionBank is Retail Banker International's Asia Pacific Retail Bank of the Year 2020
MANILA, Philippines, July 22, 2020 /PRNewswire/ -- Union Bank of the Philippines (UnionBank) was declared the winner of Asia Pacific Retail Bank of the Year at the recent 35th Annual Retail Banking International Global Awards in London. At the virtual awards ceremony that honored the best of the ...
Geoswift joins forces with UnionPay International and Western Union to OFFER A REDUCED FEE to Chinese students ABROAD
HONG KONG, July 22, 2020 /PRNewswire/ -- Geoswift, a leading cross-border payment technology company, in partnership with UnionPay International and Western Union Business Solutions, announced today that a reduced fee is now offered to Chinese students paying tuition throughWU® GlobalPay for Stud...
MACROKIOSK Subsidises Malaysian SMEs to Embrace Digitalisation
* MACROKIOSK allocated RM3 million subsidy to empower Malaysian SMEs with digital solutions * In line with the group's efforts to drive the nation's economic recovery through the digitalisation of businesses * Quick and easy integration onto MACROKIOSK's BOLD. digital solutions as-a-service...
CIMB's all-digital bank model in the PH poised to increase deposit growth by 500% in 2020
MANILA, Philippines, July 20, 2020 /PRNewswire/ -- CIMB Bank Philippines is foreseeing a 500% increase in their deposit balances by end-year, following a reported 160% surge of average cash-in per customer in the second quarter of 2020. CIMB's momentum for customer acquisition stood strong throu...
IMA Releases New Report on Transforming the Finance Function with RPA
SINGAPORE, July 20, 2020 /PRNewswire/ -- IMA
OctaFX Fights Fraud on the Forex Market
KINGSTOWN, Saint Vincent and the Grenadines, July 20, 2020 /PRNewswire/ -- OctaFX is an international online broker who has been providing trading services worldwide over the last nine years. They have noticed a recent rise in the number of scammers who try to associate themselves with the compan...
FCC & NPCI to Host World's Largest Virtual Global Fintech Fest
MUMBAI, India, July 16, 2020 /PRNewswire/ -- To bring together global fintech and BFSI ecosystems, the Fintech Convergence Council (FCC) the flagship committee of Internet & Mobile Association ofIndia (IAMAI) along with National Payments Corporation ofIndia (NPCI), will host the Global Fintech Fe...
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