Financial Technology

TMRW by UOB, first bank in Thailand to enable fingerprint and facial biometrics for speedier and safer account opening

SINGAPORE, Dec. 5, 2019 /PRNewswire/ -- TMRW by UOB, the first mobile-only bank for ASEAN's digital generation, today announced that it has enabled fingerprint and facial biometrics to make it speedier and safer for customers to open their TMRW accounts. In doing so, TMRW is the first bank in Th...

2019-12-05 14:51 709

DriveWealth Teams with Stockal, HDFC Securities to Make U.S. Stock Investing Straightforward, Affordable for Indian Investors

Powers Initiative with Fintech Firm, One of Largest Stockbrokers in India CHATHAM, New Jersey, Dec. 5, 2019 /PRNewswire/ -- DriveWealth, LLC, a U.S. based leader in global digital trading technology, today announced it has partnered with SV Capital inIndia to enable fintech firm Stockal and HDFC ...

2019-12-05 09:00 446

Bahrain's Rsquare Technologies Signs MoU with Singapore's Startup Accelerator to Promote Cooperation and Foster Startup Growth

SINGAPORE, Dec. 4, 2019 /PRNewswire/ -- Bahrain-based software development company Rsquare Technologies andSingapore-based venture accelerator Startup Accelerator have signed a Memorandum of Understanding (MoU) to promote cooperation in FinTech and other emerging technologies while fostering inn...

2019-12-04 21:51 655

Society Pass Announces Official Vietnam Launch Dec 20th in HCMC

HO CHI MINH CITY, Vietnam, Dec. 4, 2019 /PRNewswire/ -- Society Pass (SoPa), SEA's leading universal data-driven loyalty platform, is pleased to announce its official launch event onDecember 20th, 2019. Held at the prestigious Le Meridien hotel in Ho Chi Minh City, the event celebrates the intro...

2019-12-04 19:11 626

Vakrangee to Launch India's First Rural Focussed Loyalty Program for its Customers

MUMBAI, India, Dec. 4, 2019 /PRNewswire/ -- Vakrangee Limited launches India's first rural focussed Vakrangee Kendra loyalty program to recognize its customers' loyalty by providing them extra benefits and a more rewarding experience across its network of Nextgen Vakrangee Kendras. The reward pr...

2019-12-04 17:32 1062

Virtual banks and FinTech to shake up banking industry in Hong Kong in 2020, according to KPMG's outlook

HONG KONG, Dec. 4, 2019 /PRNewswire/ -- The launch of virtual banks in Hong Kong in early 2020 is set to disrupt the traditional banking model and blur the lines between different sectors, according to KPMG's Hong Kong Banking Outlook 2020. At the same time, banks are expected to adopt more techn...

2019-12-04 16:44 589

AsiaPay launched Xecure 3D Secure 2.0 technology

HONG KONG, Dec. 3, 2019 /PRNewswire/ -- AsiaPay, the leading digital payment service and technology leader inAsia, has completed certification for its EMV® 3-D Secure (3DS) version 2.2 and announced its launch ofXecure 3DS 2.0s solution - 3D Secure (3DS) 2.0 cardholder authentication solution to ...

2019-12-04 15:10 607

Loyal Valley Capital Raises US$465 Million For Its Second USD Fund

SHANGHAI, Dec. 4, 2019 /PRNewswire/ -- Loyal Valley Capital ("LVC") today announced that Loyal Valley Capital Advantage Fund II LP ("LVC USD Fund II") held a final close at$465 million in capital commitments, including $440 millions of third-party limited partner commitments and approximately $25...

2019-12-04 11:51 430

CQG Names Benjamin Soong President, APAC and Rick Chang Head of Greater China

Rod Giffen Assumes New Role of Chief Experience Officer as Firm Evolves into Solutions Provider SINGAPORE, CHICAGO and DENVER, Dec. 4, 2019 /PRNewswire/ -- CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges, announced t...

2019-12-04 09:00 705

Reorg Announces Acquisition of Dai1 Media

NEW YORK, Dec. 4, 2019 /PRNewswire/ -- Reorg, a leading financial media and technology company, announced today that it has acquired Dai1 Media, a subscription-based provider of news, insights and analysisregarding China. Terms of the transaction were not disclosed.  "As part of our global growt...

2019-12-04 03:05 623

AlphaSense Applauded by Frost & Sullivan for its AI-powered Search Platform that Helps Users Find Critical Information from Fragmented Data

The technology empowers knowledge professionals to quickly uncover industry-specific insights from millions of data points, aggregated from difficult-to-search, disparate sources SANTA CLARA, California, Dec. 3, 2019 /PRNewswire/ -- Based on its recent analysis of the North American AI-based ent...

2019-12-03 22:00 392

McKay Brothers Adds Market Data Distribution in Mumbai at the Lowest Known Latency

UK and US-sourced futures market data available at Mumbai's BKC data center GENEVA, Dec. 3, 2019 /PRNewswire/ -- McKay Brothers International (MBI) announced an expansion of its lowest known latency market data services toIndia . The Quincy Extreme Data (QED) service now distributes select London ...

2019-12-03 11:00 497

AUB partners with Liquid Group to enable cross-border QR payments between Singapore and the Philippines

* Liquid Group expands its cross-border QR payment network to the Philippines through a strategic collaboration with Asia United Bank (AUB), one of the fastest-growing publicly-listed banks inthe Philippines that have acquired universal banking status. * The partnership will accelerate the ad...

2019-12-03 09:00 1753

Visa signs up new partners to make it easier for fintechs to issue plastic and digital payment cards

SINGAPORE, Dec. 3, 2019 /PRNewswire/ --  Visa, the world's leading digital payments technology company, has announced a series of new partners that will make it easier for fintechs to issue payment cards in physical plastic or digital formats. The four new partners have joined the Visa Fintech F...

2019-12-03 09:00 13831

UnionBank Takes Honours at Global Retail Banking Innovation Awards 2019 for Unscrambl-developed Technology

MANILA, Philippines, Dec. 3, 2019 /PRNewswire/ -- Unscrambl , the company democratizing data discovery and insights consumption to accelerate the way businesses make decisions, announced today that its partner, Union Bank ofthe Philippines (UnionBank), has received the...

2019-12-03 08:00 731

AQUMON helped CMB Wing Lung Bank Launch Hong Kong's First Retail Bank Based Robo Advisor

HONG KONG, Dec. 3, 2019 /PRNewswire/ -- Hong Kong-based fintech company AQUMON has partnered with CMB Wing Lung Bank to launch Wealth-Tech,Hong Kong's first retail bank based robo advisory offering that allows investors access to an automated mutual fund portfolio solution. By combining investmen...

2019-12-03 07:00 735

HashKey Group and Velotrade Partner to Build Blockchain Platform for Trade Finance

HONG KONG, Dec. 3, 2019 /PRNewswire/ -- In order to add trust, efficiency and speed to its trade finance platform which directly connects SMEs and professional investors, Velotrade Management Limited ("Velotrade") is collaborating with HashKey Digital Asset Group Limited ("HashKey") on implement...

2019-12-03 06:24 750

24 Exchange, a New Multi-Asset Class OTC Trading Platform, Goes Live

FX Trading Now Available, with Low Trading Costs and No Market Data Fees HAMILTON, Bermuda, Dec. 2, 2019 /PRNewswire/ -- 24 Exchange, a new offshore, multi-asset class, over-the-counter (OTC) platform, announced today that it is live and open for trading. The first product available for trading i...

2019-12-02 22:00 490

UnionPay International and Ctrip Release 2019 Chinese Outbound Travel Consumption Report

SHANGHAI, Dec. 2, 2019 /PRNewswire/ -- UnionPay International ("UPI"), one of the world's largest bank card companies, together withChina's largest online travel agency Ctrip issued the 2019 'Chinese Outbound Travel Consumption Report' onNovember 28th. Drawing on payment data from UPI and statist...

2019-12-02 15:36 593

PT Bahana Sekuritas deploys Itiviti's high and low-touch trading solution

JAKARTA, Indonesia, Dec. 2, 2019 /PRNewswire/ -- Itiviti, a leading technology and service provider to financial institutions worldwide, today announced that PT Bahana Sekuritas, a major player in the Indonesian capital market, has deployed Itiviti's high and low-touch trading solution to enhance...

2019-12-02 15:00 557
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