Financial Technology
Prime Minister of the Republic of Singapore Intrigued by WeBank's Fintech-powered Services at SFF x SWITCH
SINGAPORE, Nov. 13, 2019 /PRNewswire/ -- From Nov. 11 to 13, 2019, WeBank showcased a series of new generation fintech capabilities at the Singapore Fintech Festival. OnNov. 12, Lee Hsien Loong, Prime Minister of the Republic of Singapore, visited WeBank's booth and communicated with Henry Ma, Ex...
UOB Asset Management and Value3 Advisory to launch AI-enabled credit rating platform in ASEAN for more effective bond investments
SINGAPORE, Nov. 13, 2019 /PRNewswire/ -- UOB Asset Management Ltd (UOBAM) and Value3 Advisory Pte. Ltd. (Value3)[1], a financial technology (FinTech) start-up, today announced their collaboration to launch an artificial intelligence (AI)-enabled credit rating, research and reporting service in A...
FreedomPay Announces An Agreement With Marriott International For Commerce Technology Innovation
PHILADELPHIA, Nov. 12, 2019 /PRNewswire/ -- FreedomPay, an innovative leader in commerce technologies, today announced an agreement with Marriott International to adopt FreedomPay's award winning commerce platform to be used across Marriott's lodging portfolio beginning inthe United States and Ca...
FinTech firms in Singapore attract most global funding within ASEAN according to report by UOB, PwC and SFA
SINGAPORE, Nov. 12, 2019 /PRNewswire/ -- Financial technology (FinTech) firms in Singapore continued to attract the lion's share of global funding among ASEAN countries, receiving more than half (51 per cent) of funding for the region according to theFinTech in ASEAN: From Start-up to Scale-up rep...
New industry-wide research platform to support FinTech investments
SINGAPORE, Nov. 12, 2019 /PRNewswire/ -- The Monetary Authority of Singapore (MAS), Deloitte and S&P Global Market Intelligence have collaborated to develop a prototype for an industry-wide FinTech Research Platform to help investors and financial institutions connect with FinTech start-ups that ...
WealthTech firm WeInvest launches StratWealth - a marketplace aimed to provide better investment ideas for financial institutions
SINGAPORE, Nov. 12, 2019 /PRNewswire/ -- WeInvest, a Singapore-based digital wealth solutions provider today announced the launch of StratWealth, a platform providing algorithmically-generated customised investment solutions as well as sourcing or curating thematic trading baskets from global pla...
WeBank's Henry Ma on Digital Banks: Promote Financial Inclusion and Achieve a Sustainable Business
SINGAPORE, Nov. 11, 2019 /PRNewswire/ -- Henry Ma, Executive Vice President and Chief Information Officer of WeBank, attended 2020: Digital Transformation Agenda panel discussion at the Singapore Fintech Festival. He briefly revisited WeBank's digital journey and suggested how to reconcile the...
Ideanomics' MEG Division Provides Market Update: Launches Innovative Financing Program for EV Fleet Operators to Fulfill Sales Orders
- Until now, EV market in China lacked financing infrastructure for fleet sales. MEG solves this with new, innovative, financing programs for fleet operators including umbrella financing - MEG has sourced major fleet sales contracts, with additional orders pending, and requires robust and flex...
Intercontinental Exchange Partners With ADNOC and Some of the World's Largest Energy Traders in the 2020 Launch of ICE Futures Abu Dhabi, a New Futures Exchange
LONDON, Nov. 11, 2019 /PRNewswire/ -- Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that Abu Dhabi National Oil Company (ADNOC) and nine of the world's largest energy traders are ...
vCargo Cloud Launches CamelONE(TM) Trade Finance on the Networked Trade Platform
* CamelONE™ Trade Finance is the first unified multi-bank trade finance portal launched inSingapore to be supported by nine leading trade finance banks SINGAPORE, Nov. 11, 2019 /PRNewswire/ -- Homegrown global trade facilitation platform provider vCargo Cloud Pte. Ltd. ("VCC") announced today t...
Long Asia Group sponsored FX trading forum attracts hundreds in Thailand
CHIANG MAI, Thailand, Nov. 11, 2019 /PRNewswire/ -- Foreign exchange (FX)
trading has grown to become a popular type of investment over recent years with
trading in the FX market reachingUS$6.6 trillion per day in April 2019, up
US$5.1 trillion three years ago [1].
New US$2 billion Investments Programme to Support Growth of Green Finance in Singapore
SINGAPORE, Nov. 11, 2019 /PRNewswire/ -- The Monetary Authority of Singapore (MAS) announced today that it has set up aUS$2 billion green investments programme (GIP) to invest in public market investment strategies that have a strong green focus. This will help to support theSingapore financial c...
Intercontinental Exchange to Launch New Exchange in Abu Dhabi Global Market (ADGM) to Host World's First Murban Crude Futures Contracts
LONDON, Nov. 11, 2019 /PRNewswire/ -- Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that it will launch a new exchange, ICE Futures Abu Dhabi (IFAD), to host the world's first fut...
SMBC Nikko Securities Adopts Itiviti's Connectivity Solutions to Provide Superior Execution Services
TOKYO, Nov. 11, 2019 /PRNewswire/ -- Itiviti, a leading technology and service provider to financial institutions worldwide, today announced that SMBC Nikko Securities Inc., one ofJapan's largest brokerages has implemented Itiviti's high capacity low-latencymarket connectivity solutions for tradi...
SMBC Nikko Securities adopts Itiviti's connectivity solutions to provide superior execution services
TOKYO, Nov. 11, 2019 /PRNewswire/ -- Itiviti, a leading technology and service provider to financial institutions worldwide, today announced that SMBC Nikko Securities Inc., one ofJapan's largest brokerages has implemented Itiviti's high capacity low-latency market connectivity solutions for trad...
Inaugural SFF x SWITCH to Kick Off Tomorrow with a Focus on Sustainability
SINGAPORE, Nov. 11, 2019 /PRNewswire/ -- The Singapore FinTech Festival (SFF) and the Singapore Week of Innovation and TeCHnology (SWITCH) will come together for the first time as SFF x SWITCH. Running from 11 to 15 November, this event will gather the global innovation and business community inS...
Fintech Achiko Limited lists its shares on the SIX Swiss Exchange
ZURICH, Nov. 8, 2019 /PRNewswire/ -- Achiko Limited ("Achiko", ISIN KGY0101M1024), a leading provider of game payment services inIndonesia, today lists its 89'632'142 shares on the SIX Swiss Exchange at a reference price of USD 0.70 per share. The free float amounts to 41.2 percent at the time of ...
Comdex Completes Over $10M Worth of Commodity Trade Processes
SINGAPORE, Nov. 8, 2019 /PRNewswire/ -- Comdex
Overseas users now can use WeChat Pay in Mainland China
GUANGZHOU, China, Nov. 8, 2019 /PRNewswire/ -- WeChat Pay is now collaborating with Visa, Mastercard, American Express, Discover Global Network (including Diners Club) and JCB to enable overseas users to link their credit cards to WeChat Pay and use it for payment transactions and services inChin...
Fintech-as-a-Service provider Rapyd brings together Singapore's key payment methods into the first all-in-one "Singapore Platform" to help businesses go cashless
SINGAPORE, Nov. 8, 2019 /PRNewswire/ -- Rapyd, a global Fintech-as-a-Service company, announced today its partnership with key players ofSingapore's payments ecosystem to provide a single "Singapore Platform" to enable businesses to go "cashless", in line with the country's vision of becoming a ...
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