Search Results for: Bank of China

Chinese insurtech firm Waterdrop raises $230M, plans IPO
Fintech InsurTech News

Chinese insurtech firm Waterdrop raises $230M, plans IPO

Fintech News Desk
Chinese online insurance technology platform Waterdrop Inc. has raised $230 million in a new funding round led by reinsurer Swiss Reinsurance Co. Ltd. and Chinese internet giant Tencent Holdings Ltd., it said on Thursday. Waterdrop’s existing investors, including IDG Capital and Wisdom Choice Global Fund, also participated, it said in a statement.......
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Reali Promotes Michael Fu to Chief Financial Officer

Fintech News Desk
Seasoned financial executive becomes company’s first CFO as Reali continues to grow and innovate both financial infrastructure and customer financing options Reali, the real estate technology company transforming home buying and selling, today announced Michael Fu, Vice President of Finance, has been promoted to Chief Financial Officer. This promotion comes at......
Fenergo Reports Rapid Cloud Adoption in Financial Sector Digital Awakening
Fintech News

AML, KYC and Sanctions Fines for Global Financial Institutions Reach $5.6 Billion Mid-Year

Fintech News Desk
Repercussions from high profile scandals and compliance failings hit US, Israeli, Nordic and German banks hardest Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions, today released its mid-year findings on global financial institution fines which show that by the end of July 2020, penalties......
Thunes Raises $60m in Series B Funding to Accelerate Global Growth
Fintech News

Strong transaction volumes and partner expansion drive global payment network Thunes Q2 2020 growth

Fintech News Desk
Record growth in Q2 driven by strong uptake in mobile wallet transactions, global network expansion and rollout of new tech features Thunes, a leading cross-border payments network, today announced an 80% increase in transaction volumes for the second quarter of 2020. Thunes also noted that there was a clear shift......
ECOMMPAY Launches Gate2Asia Payment Solution for Business Expanding to Asia
Business Fintech News

ECOMMPAY Launches Gate2Asia Payment Solution for Business Expanding to Asia

Fintech News Desk
Gate2Asia unifies local payment options into one easy-to-use platform for online businesses entering the Asian markets. The payment solution combines the e-commerce markets of China, Australia, New Zealand, Indonesia, Malaysia, the Philippines, Thailand and Vietnam. A total of over 2 billion people with a potential e-commerce market spend of over......
InsurTech News

OneConnect and Swiss Re to Partner on Smart Claims to Europe

Fintech News Desk
OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT) and Swiss Reinsurance Company Ltd. (“Swiss Re”) are joining forces to co-develop a digital end-to-end solution for motor claims handling for the European market, based on artificial intelligence (AI) and advanced data analytics . The two companies will collaborate......
Huobi Global Enhances Strategic Layout in Defi by Launching News Token Listing Pathway Huobi Inno Hub - YFII and YFI Are the First to Land
Blockchain Cryptocurrency Fintech News

Huobi Announces the Establishment of Huobi DeFi Labs

Fintech News Desk
Huobi Group, the world leading Blockchain Company, has announced the establishment of Huobi DeFi Labs. Huobi DeFi Labs is the platform for DeFi (Decentralized Finance) research, investment, and incubation and eco system building in DeFi space. It aims to build a better financial system in collaborations with the global crypto and......
iQIYI Receives Payment Card Industry (PCI) Data Security Standard Certification, Ensuring Secure Payments for Global Users
Fintech News

iQIYI Receives Payment Card Industry (PCI) Data Security Standard Certification, Ensuring Secure Payments for Global Users

Fintech News Desk
iQIYI, an innovative market-leading online entertainment service in China, is pleased to announce that the Company has been certified with Payment Card Industry Data Security Standard (PCI DSS), becoming one of the first batch of Chinese video streaming platforms to receive the certification. Going forward, iQIYI will continue to improve its......
One Touch Video Banking Launches New Release 5.0
Blockchain Fintech InsurTech News

Asia’s Virtual Fintech Fair: Top Indian Fintech leaders including NPCI to participate

Fintech News Desk
The Virtual Fintech Fair, co-hosted by FinStep Asia and Novsphere Media will witness debate and discussion on the Asian financial ecosystem from over 70 renowned speakers on 4th and 5th August 2020. Among Asian leaders Praveena Rai, Chief Operating Officer, National Payments Corporation of India (NPCI) will speak at the......
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