Financial Technology

New Management Team Change at Coherent Group

HONG KONG, Dec. 21, 2018 /PRNewswire/ -- Coherent Group announced today a new management team structure, with the promotion of Mr.Bo Hong Deng, Mr. Peter Roschke, Mr. Bob Charles and Mr. Andrew Wylde into an extended management team. The management transition corresponds with the news of origina...

2018-12-21 05:00 2995

Bowtie wins Hong Kong's first virtual insurer license

Raised HK $234 million for a new home-grown life insurer HONG KONG, Dec. 20, 2018 /PRNewswire/ -- Bowtie Life Insurance Company Limited (Bowtie) today announces that it has been granted the very first virtual insurance company license byHong Kong's Insurance Authority under its Fast Track p...

2018-12-20 19:13 1864

Wirecard Expands Cooperation With Singtel's Dash to Enable Mobile Payments With Apple Pay

MUNICH, Dec. 20, 2018 /PRNewswire/ -- Wirecard, the global innovation leader in digital financial technology, has deepened its partnership with Singtel's Dash to support the Dash mobile wallet's Visa Virtual Account on Apple Pay. From now on, Dash's customers can make payments using Apple Pay a...

2018-12-20 14:30 1084

Enterprise Blockchain Gets a Boost as Investors Funnel $120 Million in the Vostok Project

The first funding round pushes Vostok project's value up to $600 million, with a second round expected in early 2019 LONDON, Dec. 20, 2018 /PRNewswire/ -- Waves Platform , the world's fastest public blockchain platform, has secured$120 million funding round to launch ...

2018-12-20 08:00 648

New Report Explores Digital Travel Commerce and Payments Needs in Latin America & Caribbean

CellPoint Mobile's research provides insights and analysis to help airlines and travel merchants optimize their digital commerce and payment strategies MIAMI, Dec. 18, 2018 /PRNewswire/ -- CellPoint Mobile

2018-12-18 20:00 672

i2c Receives UnionPay International (UPI) Certification for Issuer Processing

REDWOOD CITY, Calif., Dec. 13, 2018 /PRNewswire/ -- i2c , a leading global provider of payments processing technology and services, today announced that it has successfully obtained certification as an issuer processor for UnionPay International, an international bank card...

2018-12-13 21:00 1093

MiningLamp Recognized by Leading Independent Research Firm Forrester, Evaluated Among Industry Leaders

BEIJING, Dec. 13, 2018 /PRNewswire/ -- Beijing MiningLamp Software System Co Ltd ("MiningLamp" for short) today announced that it has been recognized in the newly released Wave report from Forrester on the PAML (Predictive Analytics and Machine Learning Solutions) market inChina. Predictive Anal...

2018-12-13 18:44 1834

Banking practitioners need to develop Fintech capabilities, HKIB survey reveals

HONG KONG, Dec. 13, 2018 /PRNewswire/ -- The Hong Kong Institute of Bankers (HKIB), the independent organisation that offers professional qualifications and education programmes to local banking and financial practitioners, presented the results of its Talent Development Survey 2018 today. While ...

2018-12-13 15:13 1320

Airwallex granted EMI license by the FCA, further scales its global payments solutions

HONG KONG, Dec. 12, 2018 /PRNewswire/ -- Airwallex, a global fintech leader with the vision to build financial infrastructure to scale the digital economy, has been granted an Electronic Money Institution (EMI) license from the UK Financial Conduct Authority (FCA). The company was recently named ...

2018-12-12 17:51 878

Velotrade becomes first Account Receivables Financing Platform to obtain SFC Licence in Hong Kong

Fintech Platform meets growing needs of institutional investors for a reliable alternative asset class; provides scalable option for invoice financing across international markets HONG KONG, Dec. 12, 2018 /PRNewswire/ -- Velotrade, the first Account Receivables Financing Platform inHong Kong to ...

2018-12-12 09:00 1131

Motive Partners Announces Acquisition of Finantix

NEW YORK and LONDON, Dec. 11, 2018 /PRNewswire/ -- Finantix is a leading provider of technologyenabling the digitalization of omni-channel advisory, sales and services processes of private banks, wealth managers and insurance companies.  Motive Partners today announced that it has signed an agre...

2018-12-11 09:54 991

Hexindai Announces US$25 Million Share Repurchase Program

BEIJING, Dec. 10, 2018 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a fast-growing consumer lending marketplace in China, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up toUS$25 million of...

2018-12-10 21:47 2164

QNB Announces Neymar Jr as Global Brand Ambassador

DOHA, Qatar, Dec. 10, 2018 /PRNewswire/ -- QNB Group, the largest financial institution in theMiddle East and Africa, has announced the appointment of the Brazilian soccer star and Paris Saint Germain player, Neymar Jr, as the Group's Global Brand Ambassador.      (Photo: https://mma.prnewswire...

2018-12-10 10:53 798

VIISA Graduated Batch 4 of Its Accelerator Program at the 4th VIISA Investment Day

HO CHI MINH CITY, Vietnam, Dec. 10, 2018 /PRNewswire/ -- On December 4, 2018, VIISA announcedthat three startups have graduated from Batch 4 of its Accelerator Programon the 4th VIISA Investment Day held at the Renaissance Riverside Hotel inHo Chi Minh City. The VIISA Investment Day featured fiv...

2018-12-10 09:45 1436

Ping An GammaLab Wins Global AI Machine Reading Comprehension Competition

HONG KONG and SHANGHAI, Dec. 5, 2018 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group") (HKEX: 2318) (SSE: 601318) is pleased to announce that OneConnect, a subsidiary of the Group, ranked first in one of the world's most authoritative machine-rea...

2018-12-05 15:29 1206

Juvo Expands Reach In Asia With New Singapore Regional Headquarters

SAN FRANCISCO and SINGAPORE, Dec. 5, 2018 /PRNewswire/ -- Juvo, the pioneer in mobile Identity Scoring for financial and digital access, has announced its latest step in its expansion acrossAsia - opening a regional headquarters inSingapore and appointing new senior vice presi...

2018-12-05 10:00 902

VERMEG Consolidates Its Position as a Global Force in Regulatory Reporting

AMSTERDAM, Dec. 4, 2018 /PRNewswire/ -- VERMEG the banking and insurance software solutions leader, has announced strong progress following its acquisition of Lombard Risk, with its regulatory business signing more than 30 new customers in 2018. Logo: https://mma.prnewswire.com/media/793030/Verm...

2018-12-04 17:00 706

Emirates NBD's Liv. signs up with Verrency

MELBOURNE, Australia, Dec. 4, 2018 /PRNewswire/ -- Global payments innovation service andAustralia-based fintech Verrency is enabling payments innovation for the fastest growing bank in theUnited Arab Emirates, Liv., Emirates NBD's lifestyle digital bank for millennials. The agreement will enable...

2018-12-04 10:56 782

Calastone Launches World-First Blockchain Powered Global Funds Marketplace in May 2019

HONG KONG, Dec. 4, 2018 /PRNewswire/ -- * Calastone's entire global fund transaction network to be migrated to blockchain inMay 2019 * The first transition to blockchain for the global funds sector - making funds more accessible to all market participants and investors across 40 markets, an...

2018-12-04 10:00 1136

Fenergo Recognised as FinTech Exporter of the Year to Asia

SINGAPORE, Dec. 4, 2018 /PRNewswire/ -- Fenergo's Asia expansion and accelerated growth is recognised with FinTech exporter of the year award Fenergo today announced that it won the Asia Matters FinTech Exporter of the Year Award. Fenergo has an established APAC presence and provides CLM soluti...

2018-12-04 09:30 722
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