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...
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...
Beyond Limits Expands AI Technology into Asia Pacific; Signs MoUs in Singapore with Infosys Compaz and Kaplan
SINGAPORE, Dec. 17, 2020 /PRNewswire/ -- Beyond Limits
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 ...
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. ...
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...
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.
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...
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...
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...
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...
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 ...
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...
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...
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
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 ...
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 ...
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...
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...
Synechron Acquires Attra
NEW YORK, Dec. 11, 2020 /PRNewswire/ -- Synechron Inc.
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