Financial Technology

Brankas Embarks on POC to Develop an Open-source Core Banking System for Southeast Asia, Starting with Singapore

SINGAPORE, Dec. 8, 2021 /PRNewswire/ -- Brankas, Southeast Asia's leading Open Finance technology company, announced today that it was awarded the Monetary Authority ofSingapore's Financial Sector Technology and Innovation (FSTI) Proof of Concept (POC) grant on11 November 2021. The MAS FSTI POC g...

2021-12-08 08:00 3148

UNOAsia partners with HPS for its launch in the Philippines

SINGAPORE, Dec. 8, 2021 /PRNewswire/ -- HPS , the leading global provider of payment solutions, today announced that UNObank, South East Asia's first full-spectrum digital bank, has selected HPS' PowerCARD solution for its card issuing activities inAsia. The news f...

2021-12-08 07:30 2097

2021 Global Innovation Growth Forum co-hosted by World Bank and the Ministry of Economy & Finance of Korea to address new challenges for innovative growth in the post-pandemic era

SEOUL, South Korea, Dec. 7, 2021 /PRNewswire/ -- The Ministry of Economy and Finance of Koreaannounces that it will co-host the third Global Innovation Growth Forum (GIGF) with the World Bank Group onDecember 8 and 9. 2021 Global Innovation...

2021-12-07 20:56 546

bolttech welcomes new strategic investor, BRV

SINGAPORE and SEOUL, South Korea, Dec. 7, 2021 /PRNewswire/ -- bolttech , the fast-growing international insurtech, today announced it has welcomed another strategic investor, BRV Capital Management (BRV), anAsia-based investment platform. The addition follows bolttech's ...

2021-12-07 15:57 4151

Nium Elevates Chief Operating Officer, Pratik Gandhi, to Co-Founder

Gandhi is recognised as Co-Founder for his significant achievements in scaling Nium's global operations and contributing to the company's accelerated growth SINGAPORE, Dec. 7, 2021 /PRNewswire/ -- Nium , a leader in global payments and card issuance for businesses, today ele...

2021-12-07 10:56 2866

WeLab acquires Bank Jasa Jakarta in Indonesia with plans to launch second digital bank in Asia, after successful launch in Hong Kong

* A WeLab-led consortium raised US$240 million - the largest fintech fundraising inIndonesia in 2021. * Move extends pan-Asian digital banking services to huge Indonesian market. * WeLab will become one of the first pan-Asian fintech platforms running multiple digital banks in the region. HO...

2021-12-07 08:00 3421

StashAway Launches Bento Campaign to Educate the Public About Having a Diversified Investment Portfolio

HONG KONG, Dec. 7, 2021 /PRNewswire/ -- StashAway, Asia's leading digital wealth manager, has launched an Investment Bento Giveaway campaign to raise awareness about the importance of having a diversified and balanced investment portfolio. A StashAway pop-up "restaurant" will temporarily replace ...

2021-12-07 04:00 3277

Tailored Digital Platforms Help Banks Enhance the Customer Experience throughout the Customer Journey

SAN ANTONIO, Dec. 6, 2021 /PRNewswire/ -- The hyper-digitalization of financial transactions has changed the way banks build their stacks across delivery teams and their methods of refinement. This new way of working empowers them to make decisions faster and in order of priority, ensuring agilit...

2021-12-06 21:07 2143

UnionBank Joins Hands with Huawei to Build an Intelligent DataCenter Network

SHENZHEN, China, Dec. 6, 2021 /PRNewswire/ -- The Union Bank of the Philippines , more commonly known as UnionBank, is recognized as one ofAsia's leading financial institutions, ranking among the country's top universal banks in terms of profitability and efficiency. As a high-flyer, UnionBank has...

2021-12-06 15:40 4803

Ping An Co-CEO Sees Greater Bay Area Opportunity for Hong Kong with Three Challenges ahead

HONG KONG and SHANGHAI, Dec. 6, 2021 /PRNewswire/ -- Hong Kong, as an international financial center, is positioned to play an important role in the building of the Greater Bay Area (GBA), saysJessica Tan, Co-CEO of Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Grou...

2021-12-06 15:12 4685

Ping An Receives the Two Directors of The Year Awards 2021 from the Hong Kong Institute of Directors

HONG KONG and SHANGHAI, Dec. 6, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) was recognized by the Hong Kong Institute of Directors with two Directors of The Year Awards this year. Dr. Ma Mingzhe, Chairman of the ...

2021-12-06 15:08 4070

FOMO Pay Introduces COBO and POBO Capabilities in Partnership with Banking Circle

SINGAPORE, Dec. 6, 2021 /PRNewswire/ -- FOMO Pay, the leading Singapore one-stop payment solution provider, today embarked on a partnership with Luxembourg-headquartered licenced bank Banking Circle, to enable Collection on Behalf of (COBO) and Payment on Behalf of (POBO) services for FOMO Pay's ...

2021-12-06 09:00 4369

Xen Capital Raises US$7.5 Million Series A Led by Headline Asia to Scale Alternative Investment Platform

SINGAPORE, Dec. 6, 2021 /PRNewswire/ -- Xen Capital  announces it has raisedUS$7.5 million in a Series A round led by Headline Asia  (formerly known as Infinity Ventures) to scale its B2B2C alternative investment platform. Xen Capital has created...

2021-12-06 08:08 4379

International Finance Forum Releases Global Finance and Development Report 2021

GUANGZHOU, China, Dec. 4, 2021 /PRNewswire/ -- International Finance Forum (IFF) today released the Global Finance and Development Report 2021 (GFDR) and Global Green Finance Development Index (GGFDI)along with country rankings. "This is the first ye...

2021-12-04 12:01 5661

GemForex announces partnership with global sporting icon, David Beckham

LIMASSOL, Cyprus, Dec. 3, 2021 /PRNewswire/ -- GemForex , Asia's leading online financial trading platform, continues to set new standards, following the announcement of a multi-year partnership with sporting icon,David Beckham. David will be helping to promot...

2021-12-03 14:00 3460

Leading Korean Online Lending Platform, PeopleFund Raises KRW 75.9 Billion Series C Funding led by Bain Capital

* Largest amount raised among all lending platforms focused on consumer loans in Korea * Funding from global financial institutions, including Bain Capital, Lending Ark Asia Secured Private Debt Fund, 500 Global * Goldman Sachs to obtain equity exposure and lead financing for a debt warehou...

2021-12-03 12:29 4745

Singapore-based equity management platform Qapita secures a partnership with Citi to accelerate development of its private market trading platform

* Citi makes a strategic investment, joining the Series A round led by East Ventures (Growth Fund) and Vulcan Capital announced a few weeks earlier * This non-exclusive partnership with Citi will help the company accelerate its platform for private stock * The Company aims to secure other si...

2021-12-03 11:00 3461

Crunchfish announces Digital Cash patent

STOCKHOLM, Dec. 2, 2021 /PRNewswire/ -- Crunchfish Digital Cash AB ("Crunchfish") has received a Notice of Allowance from the Swedish Patent Office (PRV) that a patent regarding interoperable offline payments will be granted. The patent protects internationally interoperable offline payments usi...

2021-12-02 20:04 2320

Goldpac Group awarded Outstanding Corporate Social Responsibility Award by the Daily Mirror

HONG KONG, Dec. 2, 2021 /PRNewswire/ -- The 9th "Outstanding Corporate Social Responsibility Awards" award ceremony hosted by the Daily Mirror was held in Hong Kong on December 1. Goldpac Group (03315.HK) is recognized with the "Outstanding Corporate Social Responsibility Award" for its positive c...

2021-12-02 18:11 5226

Borussia Dortmund and InstaForex announce extension of successful partnership

InstaForex and Borussia Dortmund are extending their efficacious cooperation. LIMASSOL, Cyprus, Dec. 2, 2021 /PRNewswire/ -- One of the top European football clubs and one of the leading international brokers are eager to continue their fruitful cooperation to notch up success in the third cons...

2021-12-02 16:00 3896
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