Financial Services & Insurance

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Fintech mega-deals lead to record-breaking $120 billion transaction value in 1H2019, reveals Hampleton Partners’ research report

London, UK – 20 August 2019 - Three fintech mega-deals totalling $87 billion set the scene for a record-breaking $120 billion in disclosed transaction value for the sector in a ‘white-hot’ first half of 2019, reveals Hampleton Partners, in its latest global Fintech M&A Market Report. Hampleton Partners, which specialises in international technology M&A and corporate finance, noted that all three of the top transactions were in the payments processing segment: Fidelity National Information Services acquired Worldpay for $43.6bn; Fiserv acquired First Data for $22bn and Global Payment ...

20.08.2019

JCB partners with EVO Payments to enable JCB card acceptance for merchants in the UK and Ireland

London, Aug 19, 2019 - (ACN Newswire) - JCB International, Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., today announces a partnership with EVO Payments to enable JCB payment acceptance across the UK and Ireland. The enabling of the EVO merchant portfolio increases JCB acceptance at small-to-medium sized businesses, particularly merchants utilizing integrated payments, and grants JCB additional access to ISV providers who are especially active in the UK. The UK and Ireland partnership follows a successful trial in Poland in 2017 when JCB acceptance was enabled for ex ...

19.08.2019

Blockpass to list PASS on GlenBit from 16 August

HONG KONG, Aug 15, 2019 - (ACN Newswire) - Blockpass has announced that it will list its native utility token, PASS on Scotland-based cryptocurrency exchange GlenBit beginning on 16 August 2019. The announcement comes off the back of the earlier news that GlenBit has integrated the Blockpass KYC Connect platform for easy and streamlined KYC verification of its users. To kick off the listing and celebrate the successful integration, Blockpass has announced it will give 400 PASS tokens to the first 1000 users of the GlenBit platform who complete their KYC using the Blockpass App. GlenBit i ...

14.08.2019

The Blockpass Quiz Campaign Registration Will Close Tomorrow

HONG KONG, Aug 14, 2019 - (ACN Newswire) - There's only one day left to register to participate in the newly revamped Blockpass Quiz campaign for the chance to win $1000USD in PASS tokens. Following numerous successful campaigns over Telegram, Blockpass has brought back the Blockpass Quiz to reward its user base. Registrations will close at 10am GMT on Thursday August 15, 2019. The Blockpass Quiz will consist of a number of questions which will be sent out via email to those that register to participate using their Blockpass identity (only name and email required). Once the registratio ...

14.08.2019

FXCPD Management launched Its FERS Fund on July 29

LONDON, Aug 14, 2019 - (ACN Newswire) - FXCPD Management Ltd is pleased to announce FERS (FX Enhanced Returns Structured Strategy Fund) has launched globally. The Fund went live on July 29, 2019. Mr Gerald Robinson, founder of FXCPD, said, "The FERS Fund is a combination of defensive and offensive approaches towards FX options and FX trading, utilizing sophisticated hedging strategies with many formulas integrated." FXCPD Managing Director, Mr Mike Lam said, "With this innovative approach, it is now possible for advisers to apply these 2 investment strategies within a sing ...

13.08.2019

Carbon Black Threat Analysis Unit (TAU) Uncovers Significant Evolution of Popular Cryptomining Campaign Affecting More than 500,000 Computers

Reading, UK – 7th August 2019 -- Carbon Black (NASDAQ: CBLK), a leader in cloud-native endpoint protection, today released a threat report outlining how a well-known cryptomining campaign has been enhanced to steal system access information for possible sale on the dark web. Dubbed “Access Mining” by Carbon Black researchers, this particular attack stands to affect more than 500,000 computers around the world. The methods used could pave the way for more dangerous and far-reaching attacks as threats considered lower priority can open the door for more advanced, targeted attacks that can be ...

07.08.2019

DOHOME celebrates opening day, rising 6% on the SET

- Strengthening its position as leading Thai provider of home furnishings and building materials with new business model targeting countrywide expansion BANGKOK, Aug 6, 2019 - (ACN Newswire) - Dohome PCL (SET: DOHOME), a leading retailer of home furnishing products and building materials, saw its shares rise by more than 6% today, its first day of trading on the Stock Exchange of Thailand (SET). This follows an initial public offering (IPO) of 465.04 million ordinary shares, with 56.16 million over-allotment, at an offering price of THB 7.80 per share. DOHOME seeks to employ the new capital ...

06.08.2019

Introducing the All New Blockpass Marketplace and a Chance to Win $1000USD!

HONG KONG, Aug 6, 2019 - (ACN Newswire) - On the Blockpass website you can now find the all new Marketplace (http://www.blockpass.org/marketplace), which provides an easy route for users to find and sign up for campaigns, exchanges, wallets and other services that have integrated with Blockpass. The Marketplace is designed to be a one-stop shop for those looking to use their Blockpass identity to access services and opportunities where they remain in control of their personal information. Blockpass is a one-click compliance gateway to financial services, regulated offerings and virtual bank ...

06.08.2019

WIKA's Net Profit in 1H-2019 Grows 60.48% Year-on-Year (YoY)

JAKARTA, Aug 2, 2019 - (ACN Newswire) - PT WIJAYA KARYA (Persero) Tbk. (WIKA) booked a net profit of Rp1.015 trillion in the first half of 2019, a 60.48% increase year-on-year (YoY) from Rp632.52 billion recorded in the same period in 2018. WIKA's President Director, Tumiyana remarked that the achievement was the product of, among others, the Company's effort to improve quality and efficiency. As a result, the Company generated a net profit margin of 8.93% from sales of Rp11.36 trillion. "We aim to become a leading company in engineering, procurement, and construction (EPC ...

02.08.2019

29 percent of UK SME finance managers likely to switch their bank account in the next five years

London, UK, August 1 2019: Finastra today unveiled the results of a survey with YouGov exploring the attitudes of more than 450 UK SMEs to banking, and their appetite for new products and services. The research found that some 29 percent of SME finance managers are likely to switch their main bank account in the next five years. The full findings, summarized in a report: ‘SME Opportunities for Digital Banks’, reveal some interesting insights and opportunities for challenger banks. With some 5.7 million SMEs[1], making up 99 percent of businesses in the UK, this is a potentially lucrative secto ...

01.08.2019

New study: How disposable technology will re-define the payments value chain?

London, 31st July 2019 — Tribe Payments, a team of industry experts dedicated to delivering the future of payments, has published a study on the effect of disposable technology on payments. The paper looks at the common use of modular technology by fintechs, and how legacy players without it are struggling to keep pace. Modular technology allows payment providers to be more flexible and enables innovation. Many legacy providers have complex, highly integrated back-end infrastructure, which makes adding new services near-impossible, responding to market trends slow, and even small changes di ...

31.07.2019

Index Living Mall (SET: ILM) trades on the SET

BANGKOK, July 30, 2019 - (ACN Newswire) - Index Living Mall Plc. (SET: ILM), the leading retailer of home furnishings in Thailand, began trading as ILM at the Stock Exchange of Thailand on 26 July. "I am confident that our business foundation, the strength of the 'Index Living Mall' brand, the variety of our goods and services, as well as our comprehensive distribution channels, will serve to boost the confidence of investors," said Miss Kridchanok Patamasatayasonthi, Managing Director of Index Living Mall Plc. Index Living Mall has plans to open 2-3 new branches this ye ...

30.07.2019

GoMoney (GOM) to be listed on IDAX Aurora Platform

SINGAPORE, July 29, 2019 - (ACN Newswire) - IDAX will launch the GoMoney (GOM) token on its newest IEO platform AURORA. GOM will be used in the AnimalGo blockchain project for the pets community. Start time: Jul 31, 2019 19:00 (UTC+8) End Time: Jul 31, 2019 21:00 (UTC+8) Listing time: Aug 01, 2019 19:00 (UTC+8) AnimalGo is a blockchain SNS app that aims to connect all the pet lovers together. In this reward-type pet community allows you to communicate and exchange information with other pet owners. While sharing pets' photos and postings, users will get GoMoney (GOM) as a reward. ...

29.07.2019

Thailand's Finance Ministry Grants 5th Digital Asset Trading License to Huobi to Operate Crypto Business

SINGAPORE, July 25, 2019 - (ACN Newswire) - Thailand's Ministry of Finance has officially granted the 5th digital asset trading license, which makes Huobi the fifth licensed digital asset exchange in Thailand to operate digital asset trading in compliance and permits it to start local fiat trading and token trading services. [www.sec.or.th/digitalasset] "Huobi Thailand is built on Huobi Cloud, which provides a one-stop solution for global digital asset exchanges. Huobi Thailand will provide Thai users with secure and reliable digital asset trading services through Huobi Cloud' ...

25.07.2019

revverbank selects Finastra’s cloud banking solution to power its new services for SMEs

London, UK, July 24, 2019: Finastra announced today that revverbank, a Manchester-based new bank for regional businesses and savers in the UK, has selected Fusion Essence in the cloud to power its end-to-end core banking capabilities. The solution will support revverbank as it launches its services to SMEs and retail savers in the UK, giving it maximum scalability and flexibility to grow its business. Arpan Gautam, Founder & CEO of revverbank said, “We’re trying, in our own small way, to address one of the largest issues facing our economy by ensuring access to capital and resources for ...

24.07.2019

NPCI launches RuPay JCB Global Card

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 points in India and JCB card accepting points outside India for both POS and ATM. This is the first ever JCB brand card issued in India. State Bank of India, Punjab National Bank, Axis Bank, Union Bank of India, Central Bank of India, Andhra Bank, City Union Bank, TJSB Bank, and many m ...

23.07.2019

Hong Kong Investment Promotion Chief visits Thailand to promote Hong Kong's business advantages

HONG KONG, July 23, 2019 - (ACN Newswire) - The Director-General of Investment Promotion of the Hong Kong Special Administrative Region, Mr Stephen Phillips, today (July 23) started his duty visit to Bangkok, Thailand, in the latest bid to attract Thai companies to set up a presence in Hong Kong to tap the new business opportunities that the city has to offer. During the visit, Mr Phillips will meet with leaders from diverse industries as well as officials from the Thailand Board of Investment. Thailand is the second-largest economy in Association of Southeast Asian Nations (ASEAN), hence t ...

22.07.2019

UNI GOLD COIN (UGC) to be listed on IDAX

HONG KONG, July 22, 2019 - (ACN Newswire) - UNI GOLD COIN (UGC) is excited to list on IDAX for UGC/ETH, UGC/BTC on July 22nd at 10:00 (UTC+8). UGC aims to develop unique international tourism products by creating the UNI GOLD Resort vintage-style gold-mining experience. The UNI GOLD Resort creates an innovative model for global tourism, actively supporting the local economy and youth employment while developing a family-friendly resort and trailer-style campgrounds where participants can enjoy spending a night in the area and experiencing the world's biggest 'Old West' Goldru ...

22.07.2019

Infinito Formally Announces Ecosystem Utility Token, INFT

SINGAPORE, July 18, 2019 - (ACN Newswire) - Infinito today announces it will launch an official utility token, called INFT Token, for its product ecosystem later this year. The INFT Token will serve as the currency to fuel all transactions made within Infinito Ecosystem and grant users premium benefits and rewards. Used by spending or staking, this utility token will enable access to high-value reward programs, voting rights to define development priorities of Infinito products, rewards for active usage of Ecosystem products and services, and discounts on various DApps. INFT will let c ...

18.07.2019

WiMi Hologram (WIMI) files for listing on Nasdaq Global Market

NEW YORK, NY, July 16, 2019 - (ACN Newswire) - WiMi Hologram Cloud, Inc, China's largest holographic AR content producer, filed a preliminary prospectus with the SEC on June 27, 2019, to list American depositary shares (ADS) of up to $50,000,000 on the Nasdaq Global Market, under the symbol "WIMI." Having developed leading-edge holographic AR technologies, WIMI will use the IPO revenues pursuing its mission "to be the creator of the largest holographic AR ecosystem in China." WIMI has developed an innovative business model with fundamental strengths that positions i ...

18.07.2019


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