Financial Technology
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
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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
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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
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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
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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
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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)
2020-08-25 21:06
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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
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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
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Global Financial Technology Platform Nium Expands Presence in Latin America through Partnership with Teledolar
SINGAPORE, Aug. 24, 2020 /PRNewswire/ -- Global fintech platform Nium
2020-08-24 22:00
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Vakrangee Limited Publishes First Integrated Annual Report With Assurance From Independent Auditor Grant Thornton
MUMBAI, India, Aug. 24, 2020 /PRNewswire/ -- Vakrangee Limited (VL) is proud to present its first Integrated Annual Report for FY2019-20 along with Assurance from Independent auditor Grant Thornton India LLP (GT). The Vakrangee's Board's decision to seek Assurance reflects its determination to f...
2020-08-24 16:31
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EMAS Fintech South East Asia (SEA) First Regional Support Centre in Malaysia
MANILA, Philippines, Aug. 24, 2020 /PRNewswire/ -- EMAS Fintech Inc CS201953873
(EFI) today announced the opening of its first Regional Support Centre in
Malaysia to support its expansion and capitalise on the full potential of
investment trading in the region.
2020-08-24 15:50
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FICO Survey: 91% of Thai Banks Believe AI Will Stop More Money Laundering
82 percent currently experience significant struggles modifying their existing rules-based anti-money laundering (AML) compliance system BANGKOK, Thailand, Aug. 24, 2020 /PRNewswire/ -- Highlights: * 91 percent of Thai banks believe AI will stop more money laundering. * 95 percent of Thai ba...
2020-08-24 10:00
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AML, KYC and Sanctions Fines for Global Financial Institutions Reach USD $5.6 Billion Mid-Year
Fines issued by APAC regulators increased from USD $3.5 million to almost USD
$4 billion
HONG KONG, Aug. 24, 2020 /PRNewswire/ -- Fenergo
2020-08-24 09:00
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At OCB Life, Digital-first Equals Customer-first
HO CHI MINH CITY, Vietnam, Aug. 21, 2020 /PRNewswire/ -- The COVID-19 pandemic has accelerated the digital transformation because more people are working from home, attending webinars, studying online, shopping online, and making payments online. To stay relevant in a post-COVID world, businesses...
2020-08-21 09:00
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Adyen publishes H1 2020 Shareholder Letter and Financial Results
AMSTERDAM, Aug. 20, 2020 /PRNewswire/ -- (AMS: ADYEN) Summary H1 2020 * Continued profitable growth despite challenging macroeconomic environment * Business resilience despite COVID-19 pandemic due to continued diversification across width of merchant base and geographies * Processed volum...
2020-08-20 13:30
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CALISTA TranSwap Pay: Solving Cross-Border Payment Woes for SMEs
SINGAPORE, Aug. 20, 2020 /PRNewswire/ -- Global eTrade Services (GeTS), a global trade platform company, has partnered TranSwap, aSingapore-based cross border-payments platform, to launch CALISTA TranSwap Pay. This new service will facilitate global trade payments seamlessly and efficiently, espe...
2020-08-20 12:00
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FICO Survey: 64% of South Korean Banks Believe AI Will Stop More Money Laundering
23 percent currently experience significant struggles modifying their existing rules-based anti-money laundering (AML) compliance system SEOUL, South Korea, Aug. 20, 2020 /PRNewswire/ -- Highlights: * 64 percent of South Korean banks believe AI will stop more money laundering. * 64 percent of...
2020-08-20 08:00
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EQT Infrastructure to acquire leading global data center provider EdgeConneX
STOCKHOLM, Aug. 19, 2020 /PRNewswire/ -- EQT Infrastructure today announced that the EQT Infrastructure IV fund ("EQT Infrastructure") has agreed to acquire EdgeConneX, Inc. ("EdgeConneX" or the "Company") from an investor group led by Providence Equity Partners ("Providence"). EdgeConneX builds...
2020-08-19 22:04
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South African Fintech GWC Deal with Calibri Holdings
JAKARTA, Indonesia, Aug. 19, 2020 /PRNewswire/ -- Gemini Worldwide Consultant ("GWC"), a leading digital transformation consultancy is pleased to announce it has entered into a multimillion-dollar letter of intent with Calibri Holdings (" Calibri") of South Africa ("SA"), a technology company, t...
2020-08-19 18:27
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Neat Raises Fresh Funding as COVID-19 Drives Demand for its FinTech Platform to help SMEs Grow Internationally
HONG KONG, Aug, 19, 2020 /PRNewswire/ -- Neat, a Hong Kong-based FinTech company offering online company incorporation and multi-currency wallets to cross-border SMEs, today announced raising aUS$4M extension to their US$11M Series A round closed inApril 2020. Existing investors MassMutual Ventur...
2020-08-19 16:26
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