Financial Technology

ValueLabs wins IBSI Global Fintech Innovation Award

HYDERABAD, India, Dec. 18, 2020 /PRNewswire/ -- ValueLabs, a global technology services provider, won the IBSI Global Fintech Innovation Award for the Best Original & Adoptable Concept in Compliance & RegTech. It was for the Enterprise Customer Due Diligence solution which they built for Diligent...

2020-12-18 18:19 5558

StarCompliance Announces Significant Growth Investment from Marlin Equity Partners

Marlin Equity joins Luminate Capital in backing StarCompliance in its next phase of growth ROCKVILLE, Md., Dec. 18, 2020 /PRNewswire/ -- StarCompliance ("Star"), a leading provider of employee compliance and regulatory technology solutions to the financial services industry, today announced a ma...

2020-12-18 02:00 2887

Beyond Limits Expands AI Technology into Asia Pacific; Signs MoUs in Singapore with Infosys Compaz and Kaplan

SINGAPORE, Dec. 17, 2020 /PRNewswire/ -- Beyond Limits , an industrial and enterprise-grade AI technology company built for the most demanding sectors, today announced a first wave of initiatives and partnerships to establish and expand its presence within theAsia Pacific ...

2020-12-17 15:45 4495

Cashfree introduces 'Global Payouts' for International Businesses to Remit Payments Directly to Bank Accounts in India

- Allows international businesses to pay their sellers, service providers or freelancers inIndia directly in their local Indian bank account - International businesses can send money in their preferred currency including USD, EUR, GBP, JPY - While traditional cross border methods including wire ...

2020-12-16 21:40 4833

Agility CIS and IntegraPay Powering Payments for Energy Retailers

BRISBANE, Australia, Dec. 16, 2020 /PRNewswire/ -- Utility billing systems provider Agility CIS and digital payment specialist IntegraPay have launched a tailored solution for the energy industry to automate customer payments, bringing substantial benefits to both retailers and their customers. ...

2020-12-16 12:47 2552

Funding Societies gets Samsung investment

SINGAPORE, Dec. 16, 2020 /PRNewswire/ -- Southeast Asia's largest SME digital financing platform, Funding Societies (also known as Modalku inIndonesia), today announced that Samsung Venture Investment Corporation has invested in its latest funding round. This comes on the back of earlier investme...

2020-12-16 10:15 4407

Inside the TMGM and Australian Open Official Partnership Event

SYDNEY, Dec. 16, 2020 /PRNewswire/ -- The evening of Friday, 27 November 2020, was a significant date for the Australian Open and leading online trading platform TMGM. The two celebrated anOfficial Partner sponsorship alliance with an event rich in industry leader attendance.

2020-12-16 06:17 4085

From Start-up to Scale-up: the story of Mitigram

SINGAPORE, Dec. 15, 2020 /PRNewswire/ -- During the last decade, something rather extraordinary has been happening inSweden's capital Stockholm, as the emergence of Unicorns have become quite common. In this context, a Unicorn is not a magical creature, but a start-up that went through scale-up a...

2020-12-15 17:46 2509

HotForex Receives Two New Exceptional Global Awards

The leading CFDs broker ends the year triumphantly having received two new global awards for Best Partners Program and Customer Service Excellence.    PORT LUIS, Mauritius, Dec. 15, 2020 /PRNewswire/ -- Leading CFD broker HotForex announces it has received two new titles from the International...

2020-12-15 15:00 4173

FinTech start-up Fraxtor raised more than S$9 million in the last 9 months from its community of real estate co-investors

* Fraxtor has raised funds for 4 projects since March 2020, comprising two landed residential developments, one industrial development project in Singapore, and one student accommodation project in the UK. * The Fraxtor platform provides investors with hassle-free access to quality real estate...

2020-12-15 12:51 3642

Endowus Sees Over 20x Growth in Accounts and 7x Growth in Assets Under Advice in the past 12 months

* MAS-licensed Wealth Platform and Singapore's First CPF Digital Investment Advisor Endowus saw a 20x increase in their clients and a 7x increase in assets under advice (AUA) on their platform in the last 12 months, even in the midst of the pandemic * During this time, the fintech has launche...

2020-12-15 12:23 3178

AsiaPay Partners with Azupay to Provide Real-Time Payments Across Australia

SYDNEY, Dec. 15, 2020 /PRNewswire/ -- AsiaPay, the premier digital payment solutions and payment service provider inAsia, has announced today that it has partnered with Azupay, an Australian fintech, to facilitate digital payments with a simple, secure, seamless and real-time checkout experience ...

2020-12-15 10:00 5582

Cantilan Bank Deploys First DN Series™ In The Philippines

The self-service solution provides the latest technology to support the bank's modernization and financial inclusion strategy MANILA, Philippines and NORTH CANTON, Ohio, Dec. 15, 2020 /PRNewswire/ -- Diebold Nixdorf announced today that Cantilan Bank, Inc., one of the leading rural banks inthe P...

2020-12-15 09:00 12637

Glue42 Core Puts Chelmer at the Center of the Single Advisor Desktop

Wealth technology pioneer embeds the Glue42 open-source integration platform to modernize its software suite, enabling advisors to deliver a better and more personalized experience with a single click of a mouse. NEW YORK, Dec. 15, 2020 /PRNewswire/ -- Glue42, the company that delivers integrate...

2020-12-15 09:00 1193

Shanghai Pudong Development Bank develops cutting-edge treasury services in Hong Kong

SPD Bank enhances treasury operations to drive growth with Finastra's Fusion Summit HONG KONG, Dec. 15, 2020 /PRNewswire/ -- Shanghai Pudong Development Bank (SPD Bank) has successfully gone live withFinastra's cutting-edge treasury solution, Fusion Summit, inHong Kong...

2020-12-15 09:00 3622

Citi Wealth Hub at 268 Orchard Opens Today

SINGAPORE, Dec. 14, 2020 /PRNewswire/ -- Citi (NYSE: C) today opens its largest wealth hub globally, dedicated to Citigold and Citigold Private Client customers, signalling the importance ofSingapore as a key investment market for itsAsia consumer business. With a rapidly growing affluent client ...

2020-12-14 18:43 11730

In The Time of Coronavirus, WeChat Pay Helps Digitalise European Retailers

London, Dec. 14, 2020 /PRNewswire/ -- As European merchants shift gear to online in the time of Coronavirus,China's all-in-one app WeChat saw strong year-on-year growths in Mini Program transactions from the EMEA region, showing a growing trend of Chinese consumers making global purchases before ...

2020-12-14 18:18 1705

Velotrade selected by MUFG Bank as partner for enhancement of digital trade services

HONG KONG, Dec. 14, 2020 /PRNewswire/ -- Velotrade is pleased to announce that its trade finance platform has been selected by MUFG Bank, Ltd. (MUFG) to manage its internal invoice processing requirements. The new system automates the processing of thousands of trade invoices every month by...

2020-12-14 12:30 7895

SoftBank Ventures Asia backs Korea's payment technology company CHAI in $60 Million Series B

SEOUL, South Korea, Dec. 14, 2020 /PRNewswire/ -- CHAI, one of the fastest growing payment technology companies in Korea, announced today a$60 million Series B financing round led by Korean conglomerate Hanwha Investment & Securities, with participation from SoftBank Ventures Asia, SK Networks, A...

2020-12-14 09:00 3727

Synechron Acquires Attra

NEW YORK, Dec. 11, 2020 /PRNewswire/ -- Synechron Inc. , a leading Digital Transformation consulting firm for the financial services industry, today announced the acquisition ofAttra, an Australia-based technology services and solutions provider, headquartered in Melbou...

2020-12-11 15:13 2652