Financial Technology
UnionPay Acceptance Network Expands to 180 Countries and Regions
SHANGHAI, March 19, 2021 /PRNewswire/ -- UnionPay International (UPI) announced today that with significant progress inLatin America, UnionPay acceptance network has now extended to 180 countries and regions, over half of which accept UnionPay mobile payments. As many as 55 million merchants worl...
Global fintech Railsbank launches in Australia
* Railsbank plans to develop embedded finance market opportunity in Australia
SINGAPORE, March 19, 2021 /PRNewswire/ -- Railsbank
Quantitative Brokers Launches First Execution Algo For OSE's Derivative Markets - Spearheads QB APAC Growth Plans
SYDNEY, March 19, 2021 /PRNewswire/ -- Quantitative Brokers (QB), an independent provider of advanced execution algorithms and data-driven analytics for global futures and options markets, today launched its full suite of award-winning execution algorithms on theOsaka Exchange (OSE), the derivati...
Tonik Launches As First Neobank In The Philippines
MANILA, Philippines, March 18, 2021 /PRNewswire/ -- Tonik, Southeast Asia's first digital-only bank, launches as the first neobank inthe Philippines today. Tonik brings to the market a revolutionary and completely branchless way of banking on a highly secure mobile platform that sets out to funda...
Nordea Selects AxiomSL to Automate Risk and Regulatory Reporting in Nordic Countries
LONDON, March 17, 2021 /PRNewswire/ -- AxiomSL, the industry's leading provider of risk and regulatory reporting solutions, today announced that it has been selected byNordea Bank, the leading Nordic universal bank, to support the bank's risk and regulatory reporting requirements inFinland, Swede...
TD Holdings Inc. Signs Letter of Intent with Chenzhou Dingmei Silver Co., Ltd. to Acquire Ownership of a Molybdenum Copper Ore in Kazakhstan
SHENZHEN, China, March 17, 2021 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) (the "Company"), a commodities trading service provider in China, today announced that the Company and Tongdow E-Trade Limited ("Tongdow E-Trade"), a wholly owned subsidiary of the Company have entered into a letter o...
Kincsem appoints CALLUM for Hyper-car design brief
ZUG, Switzerland, March 17, 2021 /PRNewswire/ -- New digital luxury brand
Kincsem has appointed CALLUM, led byIan Callum CBE, recently named GQ's Car
Designer of the Year, to deliver the design of an all-new electrified hyper-car.
A Drop of Blood for Life: JULO's Blood Donation Action
JAKARTA, Indonesia, March 17, 2021 /PRNewswire/ -- JULO, a fully licensed peer
to peer (P2P) lending company fromIndonesia
NexChange Group and Marita Group Co-Host Africa Blockchain Week Virtual Summit to Showcase Continent's Technological Leapfrog
HONG KONG, March 17, 2021 /PRNewswire/ -- The inaugural Africa Blockchain Week will launch fromJune 28th to July 1st 2021. NexChange Group, a blockchain ecosystem and venture builder and MARITA Group, an African conglomerate will combine forces to co-host this Virtual Summit. The event will fe...
Chargebee Pledges a $5B Fund for Startups - Offers its subscription platform completely free for upto $100K.
SAN FRANCISCO, March 16, 2021 /PRNewswire/ -- Chargebee, the global leader in subscription billing and revenue management, today announced that it will be pledging$5 billion dollars of revenue processing capability for early-stage startups. With this pledge, qualifying startups will be able to us...
FICO Survey: 68% of Singaporeans Prefer to Use Digital Channels to Engage with their Bank During Financial Hardship
SINGAPORE, March 16, 2021 /PRNewswire/ --
Rokt appoints Chief Product Officer to accelerate transformation of e-commerce
Rokt continues to invest in strengthening the team with the appointment of Hunter Yaw NEW YORK, March 16, 2021 /PRNewswire/ -- Rokt, the global leader in e-commerce technology, today announced the addition ofHunter Yaw as Chief Product Officer. Yaw will lead Rokt's product development and play a...
Solace Powers Mobile Payments on Standard Chartered Bank Korea's Digital Banking Platform
SEOUL, South Korea, March 16, 2021 /PRNewswire/ -- Solace has partnered with Standard Chartered Bank Korea (SCB Korea) to maximize the agility and efficiency of Standard Chartered's Straight2Bank (S2B), an online banking platform that allows businesses to make payments and track their transaction...
Validus' Indonesian arm Batumbu granted full digital lending license from OJK to further drive MSME financial inclusion
* Batumbu has disbursed over S$207 million to MSMEs since starting its operations inApr 2019, and recorded close to 650% annual growth last year * SME financing platform Validus has received regulatory approval in three markets acrossSoutheast Asia - the award-winning fintech is also licensed ...
Avoiding credit-risk related collapses: TradeFlow reduces risk in SME trade finance using innovative FinTech, non-lending, non-credit system
SINGAPORE, March 15, 2021 /PRNewswire/ -- When large credit lending firms collapse, huge shockwaves are sent throughout industry; the risk of contagion looms, threatening thousands of jobs, disrupting supply chains for essential goods, and increasing the barriers to credit that hits SMEs most. ...
CLPS Incorporation Announces Chairman's Letter to the Company's Shareholders
HONG KONG, March 12, 2021 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today released a letter to shareholders from the Chairman of the Company's Board of Directors (the "Board"), the full text of which is provided below. All CLPS shareholders are encouraged to rea...
Cutting-edge Scale-Out Technology from Toshiba will Take Fintech and Logistics to New Level
TOKYO, March 12, 2021 /PRNewswire/ -- Toshiba Corporation (TOKYO: 6502), the industry leader in solutions for large-scale optimization problems, today announced a scale-out technology that minimizes hardware limitations, an evolution of its optimization computer, the Simulation Bifurcation Machin...
Epidemic Sound brings in EQT Growth and Blackstone Growth to support its next phase of development
STOCKHOLM, March 12, 2021 /PRNewswire/ -- * EQT Growth and funds managed by Blackstone Growth invest USD 450 million in Epidemic Sound, the market leading platform for restriction-free music, in a transaction valuing the company atUSD 1.4 billion * EQT Growth will, tog...
Leading Singapore FinTech Trade Innovators Join Forces to Provide Enhanced Digital Trade Solutions to SME Firms
SINGAPORE, March 11, 2021 /PRNewswire/ -- TradeFlow Capital Management (TradeFlow), has entered into a partnership with #dltledgers promising to reduce the liquidity shortage for small and medium enterprises (SMEs) trading bulk commodities around the globe. Estimated by the Asian Development Bank...
LTI Tops Everest Group's IT Services Challenger 2021 List
Listed as the Star Performer of the Year for Banking and Financial Services MUMBAI, India, March 11, 2021 /PRNewswire/ -- Larsen & Toubro Infotech (BSE: 540005) (NSE: LTI) , a global technology consulting and digital solutions company has topped the list of 'IT Services Challenger 2021' in Everes...
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