Financial Technology

DMCC AWARDED GLOBAL FREE ZONE OF THE YEAR 9TH YEAR IN ROW

* The Financial Times' FDI Magazine awards DMCC 'Global Free Zone of the Year 2023' over 68 other nominees * Ninth consecutive win endorses DMCC as the world's leading business district * DMCC also recognised with six other awards for Regional Winner (Middle East ), Large Tenant Winner (Global...

2023-10-12 12:45 2252

MoneySmart Group Reports Strong H1 2023 Performance and eyes 2025 IPO

* The Group saw H1 2023 revenue growth surge to 37% whilst achieving positive operating cash flow. * As part of future growth and innovation plans, investments into customer-focused initiatives to enhance customer experience will be prioritised.   * With a continued commitment to sustainabl...

2023-10-12 11:35 2178

Wong Heang Fine Joins GISI as Chairman of Asia Infrastructure Solutions Singapore & Director of Asia Advisory Board

HONG KONG, SINGAPORE and KUALA LUMPUR, Malaysia , Oct. 12, 2023 /PRNewswire/ -- Global Infrastructure Solutions Inc (GISI) is delighted to announce the appointment of Mr.Wong Heang Fine as Chairman of Asia Infrastructure Solutions Singapore, a GISI company, and as a Director of its Asia Advisory ...

2023-10-12 10:00 3617

Targa Telematics Applauded by Frost & Sullivan for Its Smart Telematics Solutions and Market-leading Position

Targa Telematics' keen technology focus provides connected vehicle and smart mobility solutions to align with industry needs and overcome clients' most pressing challenges with future-proof products. SAN ANTONIO, Oct. 11, 2023 /PRNewswire/ -- Recently, Frost & Sullivan analyzed the telematics co...

2023-10-11 17:00 1295

Wandr-E: Revolutionising the global fund transfer market with zero fees and competitive exchange rates

SINGAPORE, Oct. 10, 2023 /PRNewswire/ -- Wandr-E, the innovative new fund transfer company for sending money abroad, has launched its online and Mobile app.  Users can effortlessly and rapidly transfer funds from the online platform or through their mobile devices using the mobile app, which is o...

2023-10-11 15:34 1397

TRIPLINK AND UNIONPAY LAUNCH UNIONPAY VIRTUAL COMMERCIAL CARD IN SINGAPORE

SINGAPORE, Oct. 11, 2023 /PRNewswire/ -- Global payment network UnionPay has partnered with leading financial technology company TripLink International Pte Ltd (TripLink) to introduce the UnionPay Virtual Commercial Card inSingapore. This initiative marks UnionPay International's (UPI) first B2B ...

2023-10-11 13:08 4710

CIS 2023: Accelerating Growth While Saving The World at Asia's Largest Experiential Technology and Innovation Conference

BANGKOK, Oct. 11, 2023 /PRNewswire/ -- RISE, a leading corporate innovation consulting firm, is excited to announce the return of CIS 2023,Asia's largest experiential technology and innovation conference. This year's event will take place onNovember 14-15, 2023, at True Digital Park in Bangkok, T...

2023-10-11 12:43 1913

TPIsoftware Spearheads Digital Transformation for Shin Kong Property Insurance Agency with Its Innovative Insurance Microservice Middle Platform InsureBrick

TAIPEI, Oct. 11, 2023 /PRNewswire/ -- In a groundbreaking move, TPIsoftware, the market leader in digital transformation software technology, is set to build a new generation core system for Shin Kong Property Insurance Agency (SKPIA) within the coming year. This collaboration marks a pivotal mom...

2023-10-11 11:11 1462

TPIsoftware Spearheads Digital Transformation for Shin Kong Property Insurance Agency with Its Innovative Insurance Microservice Middle Platform InsureBrick

TAIPEI, Oct. 11, 2023 /PRNewswire/ -- In a groundbreaking move, TPIsoftware, the market leader in digital transformation software technology, is set to build a new generation core system for Shin Kong Property Insurance Agency (SKPIA) within the coming year. This collaboration marks a pivotal mom...

2023-10-11 11:11 1461

Hyundai Capital accelerates Indonesian growth with strategic acquisition of PT Paramitra Multifinance

SEOUL, South Korea, Oct. 11, 2023 /PRNewswire/ -- Hyundai Capital Services, a financial services subsidiary of Hyundai Motor Group,today announced that it is acquiring PT Paramitra Multifinance, to establish Hyundai Capital Indonesia.

2023-10-11 09:09 2159

DAIWA SECURITIES JAPAN SELECTS VISIBLE ALPHA

Top-Ranked Broker in Japan Now Contributes Sell-Side Analyst Models to Visible Alpha's Insights Platform   NEW YORK, Oct. 11, 2023 /PRNewswire/ -- Visible Alpha, a financial technology company that enhances the investment research process by extracting value from sell-side analyst models, resear...

2023-10-11 07:00 1704

BMO Announces Retirement of Dan Barclay, Names Alan Tannenbaum CEO, BMO Capital Markets

TORONTO and NEW YORK, Oct. 11, 2023 /PRNewswire/ -- BMO Financial Group (TSX:BMO) (NYSE:BMO) today announced the upcoming retirement of its Chief Executive Officer & Group Head, Capital Markets,Dan Barclay, and the appointment ofAlan Tannenbaum into the role.  After a 32-year investment banking ...

2023-10-11 04:15 1447

Trade Ledger offers banks exclusive access to world first AI solution for embedded business finance

Working Capital Copilot program now open for banks looking to grow SMB lending portfolio LONDON, Oct. 11, 2023 /PRNewswire/ -- Following the launch of its new generative AI-enabled Working Capital Copilot solution at Sibos 2023, Trade Ledger is now accepting applications from banks to join its b...

2023-10-10 23:33 1510

Reorg Announces CreditAI

Unlock the Power of Reorg's Proprietary Intel and Analysis With Cutting-Edge Generative AI NEW YORK, Oct. 10, 2023 /PRNewswire/ -- Reorg , the leading global provider of credit data, analytics and intelligence, announced its latest innovation, CreditAI, an industry-first ...

2023-10-10 22:00 1447

TDRU Grand Release: Unveiling the Uncertainty Data Revolution

SHENZHEN, China, Oct. 10, 2023 /PRNewswire/ -- In the digital age, the impact of data is becoming increasingly profound. By the end of 2022, a myriad of big data artificial intelligence models had emerged with varying degrees of quality. The effectiveness of these models highly depends on the qua...

2023-10-10 18:01 1254

Qatar Central Bank issues instructions for the Loan-Based Crowdfunding Regulation

Statement by Qatar Central Bank DOHA, Qatar, Oct. 10, 2023 /PRNewswire/ -- In line with the financial sector strategy and the financial technology (Fintech) strategy, and based on Qatar Central Bank's permanent endeavor to regulate and develop the financial sector in the country, Qatar Central B...

2023-10-10 17:21 1153

UNIONPAY AND TRIPLINK LAUNCH UNIONPAY VIRTUAL COMMERCIAL CARD IN SINGAPORE

SINGAPORE, Oct. 10, 2023 /PRNewswire/ -- Global payment network UnionPay has partnered with leading financial technology company TripLink International Pte Ltd (TripLink) to introduce the UnionPay Virtual Commercial Card inSingapore. This initiative marks UnionPay International's (UPI) first B2B ...

2023-10-10 16:45 1448

EDOMx Selects Singapore Fintech finbotsAI to Scale Faraja BNPL Business & Drive Financial Inclusion with High Accuracy AI-Powered Credit Decisioning

finbotsAI's credit modelling solution, creditX, will help EDOMx to build high quality credit scorecards faster, enabling more accurate risk profiling & responsible lending. SINGAPORE and NAIROBI, Kenya, Oct. 10, 2023 /PRNewswire/ -- EDOMx , a Delaware entity with Kenyan o...

2023-10-10 14:00 1493

Nearly seven in 10 SMEs in Southeast Asia rely on startup capital from savings, family and friends: SME Industry Report

* Study uncovers the need for a solution to improve cash flow management for SMEs * High interest rates and dissatisfactory experience spur SMEs to switch brands SINGAPORE, Oct. 10, 2023 /PRNewswire/ -- In Southeast Asia, about 70% of SMEs (small and medium enterprises) started their business...

2023-10-10 11:00 1675

Rapyd Study: Nearly 50% of Singapore businesses express need for innovative fintech solutions to address financial challenges

* Major payment delays and high costs of cross-border transactions were listed as the main drivers for local companies to seek improved fintech solutions * Among those surveyed, 38% have listed payment digitization as a top priority, with another29% listing it as one of the top priorities SIN...

2023-10-10 10:10 2400
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