Press Releases -> Finance / Banking Syndicate content

Sep 12, 2019

Sep 12, 2019 (China Knowledge) - Hong Kong Exchanges and Clearing (HKEx) has made a surprising USD 36.6 bln takeover bid for London Stock Exchange (LSE), a bold move for Asia’s third-largest capital market to become a global financial market.

Sep 11, 2019

PUNE, India--(BUSINESS WIRE)--Supporting communities affected by monsoonal flooding in Maharashtra, Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, and the Western Union Foundation today announced USD $150,000 in humanitarian relief to United Way India.

Sep 10, 2019

Team Citi will support Citi’s mission to foster a more inclusive society by shining a spotlight on the worldwide Paralympic Movement

NEW YORK--(BUSINESS WIRE)--With less than one year to go until the Tokyo 2020 Paralympic Games, Citi today announced the roster of Para athletes who will comprise “Team Citi...

Sep 05, 2019

HANGZHOU, China--(BUSINESS WIRE)--A group of CEOs from a range of Southeast Asian based firms have had the unique opportunity to take home the secret sauce of leveraging digital technology to help support their own firms as well as the wider economy. The cohort came together to attend a Tech Innovator Workshop in...

Sep 02, 2019

SHANGHAI, Sept 2, 2019 - (ACN Newswire) - Shanghai International Blockchain Week 2019, including The Fifth Global Blockchain Summit, will take place this September, with Wanxiang Blockchain Labs again hosting one of the world's most widely recognized blockchain summits, for four consecutive years.

It has...

Aug 30, 2019

Kuala Lumpur --( ASIA TODAY )-- Travelex’s ‘Retailtainment’ and ‘Open Concept’ Stores to feature digital and interactive technology SEPANG: Travelex, the world’s leading foreign exchange provider today launched the opening of five ‘retailtainment’ and ‘open concept’ currency exchange stores at KL International...

Aug 23, 2019

SHANGHAI, Aug. 24, 2019 /PRNewswire/ -- From September 14-18, 2019, Shanghai International Blockchain Week 2019, the largest and most influential blockchain gathering in China, will be held by the Wanxiang Blockchain Labs, a top blockchain research body in China. The event this year will bring together over 2000...

Aug 14, 2019

Beijing – PICC Finance Services and Singularity Studio signed a Strategic Cooperation Memorandum to formally establish a long-term strategic global partnership between the two parties. Both groups will make full use of respective advantages and resources to establish a deep cooperation in the developing areas of AI...

Aug 13, 2019

MANILA, Philippines--(BUSINESS WIRE)--Western Union, a leader in cross-border, cross-currency money movement, and BDO Unibank have extended their relationship to expand reach in the Philippines with more than 1,100 BDO Unibank branches now ready to pay-out Western Union® international money transfers from across...

Aug 07, 2019

The biggest bank in Japan has won approval to settle transactions in renminbi, which could be a boon for the Belt and Road Initiative.

Aug 05, 2019

Jul 25, 2019 (China Knowledge) - CloudMinds Inc, a Chinese robotics and artificial intelligence start-up, is seeking to raise about USD 500 mln by listing in the New York Stock Exchange. By developing a cloud-based platform capable of operating intelligent consumer service robots simultaneously, the 4-year-old...

Aug 05, 2019

BEIJING--(BUSINESS WIRE)--Pintec Technology Holdings Ltd. (“Pintec”; NASDAQ: PT), a leading independent fintech solutions provider, today announced a comprehensive strategic partnership with Caissa Travel, a leading travel service provider in China. Bringing together their respective resources, Pintec and Caissa...

Jul 31, 2019

COURBEVOIE, France--(BUSINESS WIRE)--IDEMIA, the global leader in Augmented Identity, today announces its partnership with RHB bank to offer the MOTION CODETM card option to its Visa Rewards Motion CodeTM credit card in Malaysia. It is the first time such a card is available in Southeast Asia.

Developed by...

Jul 24, 2019

The age of multiple fiat currencies will be well and truly over in 50 years, according to new research that predicts cryptocurrencies and blockchain at the heart of a new financial landscape.

Jul 23, 2019

Mumbai / Tokyo, July 23, 2019 - (ACN Newswire) - National Payments Corporation of India (NPCI) and JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., together with Indian banks, announced the launch of RuPay JCB Global Cards, which can be used at RuPay card accepting...

Jul 22, 2019

Hong Kong --( ASIA TODAY )-- Guotai Junan International Holdings Limited ("Guotai Junan International", "GTJAI", the "Company" or "Group", stock code:1788) is pleased to announce that the Company was granted the "Outstanding Investment Bank Award" and the "Best Corporate Governance Award" in the "China Financial...

Jul 16, 2019

Jul 16, 2019 (China Knowledge) - NetEase is planning to list online education subdivision, Youdao in the United States, which is estimated to raise at least RMB 300 mln. The valuation of Youdao is said to reach about RMB 2 bln.

NetEase's first round of financing was completed last April at a post-money...

Jul 01, 2019

SANTA CLARA, Calif.--(BUSINESS WIRE)--CITCON, the leading cross-border mobile payment and commerce solution provider, today announced its European expansion. CITCON offers European merchants a comprehensive cross-border commerce solution that promotes the smart lifestyle that Chinese travelers prefer. European...

Jun 24, 2019

Integration of Visa prepaid solution in Razer Pay e-wallet to enable users to make payments at 54 million merchant locations on Visa’s global network
Bringing financial inclusion to Southeast Asia’s unbanked and underserved population

KUALA LUMPUR, Malaysia--(BUSINESS WIRE)--Razer™, the leading global...

Jun 21, 2019

Around 1.7 billion people globally are still unbanked – either having no proper savings or access to credit - according to the 2017 Global Findex Database. In Southeast Asia, only 27% of adults have formal bank accounts and only 33% of businesses have access to proper financing. While the region has been growing...

Jun 13, 2019

Cambodia is among the countries whose citizens are quickly adopting cashless payments, the newly released Visa Consumer Payment Attitudes report by credit card firm Visa released noted, Khmer Times wrote.

Jun 12, 2019

SHANGHAI--(BUSINESS WIRE)--WBF Digital Asset Exchange (WBFex) was founded in February 2018 on Wall Street, New York. The senior management team of WBFex consists of financial and technological elites from New York, Singapore, and China respectively. It is a free, high-speed and secured phenomenal digital asset...