Financial Technology
Harvard Business School examines DBS' AI strategy and implementation in its first case study focusing on AI in an Asian bank
Authored by Feng Zhu, HBS Professor of Business Administration, the case highlights the bank's use of AI and takeaways for companies navigating technological change SINGAPORE, Sept. 16, 2024 /PRNewswire/ -- Harvard Business School (HBS) has published a case study on DBS' strategy towards Artific...
Huma Raises $38M to Hyper-scale its Payment Financing (PayFi) Network
Huma Finance is transforming payment financing by utilizing real-world assets to deliver instant and borderless liquidity, enabling faster, more accessible, and more efficient financial solutions. SAN FRANCISCO, Sept. 12, 2024 /PRNewswire/ -- Huma, the first Payment Financing (PayFi) network, an...
/DISREGARD RELEASE: CredoLab/
Journalists and other readers should disregard the news release, "CREDOLAB PARTNERS WITH MASTERCARD TO STRENGTHEN DIGITAL ONBOARDING FOR FINANCIAL INSTITUTIONS" issued on11-Sep-2024 by CredoLab. The release was transmitted prematurely by PR Newswire. ...
Shoplazza Partners with Stripe to Revolutionize E-Commerce Payment Solutions
SINGAPORE, Sept. 11, 2024 /PRNewswire/ -- Shoplazza, a leader of e-commerce solutions, announced today a new partnership with Stripe, a financial infrastructure platform for businesses, to power Shoplazza's payment platform. This partnership, unveiled at the Stripe Tour Singapore 2024 – Asia Pac...
Exploration of technology's impact on humanity -- Shanghai summit wraps up
SHANGHAI, Sept. 10, 2024 /PRNewswire/ -- A news report from english.shanghai.gov.cn The 2024 Inclusion Conference on the Bund concluded on Sept 7, attracting over 52,000 attendees toShanghai for a three-day exploration of technology's impact on humanity. Hailed as "one of the most anticipated g...
Two Datasets Added to "J-Quants Pro," JPX's Most Convenient Financial Data Distribution Service for Corporate Users
TOKYO, Sept. 9, 2024 /PRNewswire/ -- The JPX Market Innovation & Research, Inc., a leading global provider ofJapan's financial market data, promptly added two data datasets to J-Quants Pro, a API/SFTP data distribution service covering most insightful data on Japanese financial markets for corpor...
Alibaba.com Unveils Game-Changing AI Sourcing Agent, Helping SMEs Simplify Global Trade
The platform's premier B2B e-commerce event marks the launch of its first co-branded credit card,upgraded financial and logistics solutions for U.S. b usinesses LAS VEGAS, Sept. 5, 2024 /PRNewswire/ -- Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce and a busines...
Shanghai amends regulations to solidify its role as a global financial hub
SHANGHAI, Sept. 3, 2024 /PRNewswire/ -- A news report from english.shanghai.gov.cn: The legislature of Shanghai passed revised regulations on August 22 to further advance the city as an international financial center. The regulations, which will take effect on October 1, emphasize deepening fin...
Noah Reports Q2 Earnings, Driven by Robust Growth in Overseas Markets
SHANGHAI, Aug. 29, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net...
Nisun International Announces Increased Ownership by Largest Shareholder, Mr. Bodang Liu
SHANGHAI, Aug. 22, 2024 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd ("Nisun International" or the "Company") (Nasdaq: NISN), a technology and industry driven integrated supply chain solutions provider, today announced that its largest shareholder, Mr.Bodang Liu, has ...
Lufax Reports Second Quarter 2024 Financial Results
SHANGHAI, Aug. 21, 2024 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners inChina, today announced its unaudited financial results for the second quarter endedJune 30, 2024. Second Quarter 2024 &...
X Financial Reports Second Quarter 2024 Unaudited Financial Results
SHENZHEN, China, Aug. 21, 2024 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company" or "we"), a leading online personal finance company inChina, today announced its unaudited financial results for the second quarter endedJune 30, 2024. Second Quarter 2024 Operational Highlights Three Months ...
FinVolution Group Reports Second Quarter 2024 Unaudited Financial Results
-H1 China Transaction Volume reached RMB92.5 billion, up 6.0% year-over-year- -H1 International Transaction Volume reached RMB4.5 billion, up 32.4% year-over-year- -H1 International Revenues increased to RMB1,157.7 million, up 21.9% year-over-year and contributing 18.3% of total net revenues- SHA...
Lianlian DigiTech Achieves 40.1% Revenue Growth in 1H2024
HONG KONG, Aug. 20, 2024 /PRNewswire/ -- Lianlian DigiTech Co., Ltd. (HKEX: 2598), a leader inChina's digital payment solution market and global commerce digitalization, today released unaudited financial results for 1H2024. Xin Jie, Executive Director and CEO of Lianlian DigiTech, commented, "We...
Yiren Digital Reports Second Quarter 2024 Financial Results
BEIJING, Aug. 20, 2024 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), an AI-powered platform providing a comprehensive suite of financial and lifestyle services inChina, today announced its unaudited financial results for the quarter endedJune 30, 2024. Secon...
OneConnect Announces Second Quarter and First Half 2024 Unaudited Financial Results
Net Margin of Continuing Operations to Shareholders Improved to -2.4% Net Margin of Continuing and Discontinued Operations[1] to Shareholders Improved to 35.1% SHENZHEN, China, Aug. 16, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT and...
Yiren Digital to Report Second Quarter 2024 Financial Results on August 20, 2024
BEIJING, Aug. 14, 2024 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital"), an AI-powered platform providing a comprehensive suite of financial and lifestyle services inChina, announced that it plans to release its unaudited financial results for the second quarter ended June 30, 202...
X Financial to Report Second Quarter 2024 Financial Results on August 22, 2024
SHENZHEN, China, Aug. 13, 2024 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company"), a leading online personal finance company inChina, today announced that it will release its unaudited financial results for the second quarter endedJune 30, 2024, before the open of U.S. markets on Thursday, A...
Future FinTech Announces the Appointment of Hu Li as the New CEO
NEW YORK, Aug. 9, 2024 /PRNewswire/ -- Future Fintech Group Inc. (NASDAQ: FTFT
Repool takes on incumbent fund administrators with seasoned hires and industry-first platform
NEW YORK, Aug. 6, 2024 /PRNewswire/ -- Repool, a tech-based hedge fund launch and administration solution continues to disrupt the fund services space with the hire of two seasoned fund admin executives,Scott Ulrich and Ryan Rossi, and the launch of the industry's first digital subscription platf...
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