Fieldstone Consolidates Global Structure

JOHANNESBURG–(BUSINESS WIRE)–Nov. 21, 2018 Fieldstone, a leading independent investment bank and financial services provider in the energy and infrastructure sector, has brought together its services and offerings under unified ownership and management on a global basis. Jason Harlan, Fieldstone’s CEO, commented, “We have been working on this consolidation project for some time, and it is […]

CIMB Group Joins RippleNet to Power Instant Payments Across ASEAN

CIMB is one of the first banks to leverage blockchain technology to tap into region’s USD120 billion remittance business SAN FRANCISCO–(BUSINESS WIRE)–Nov. 15, 2018 CIMB Group (“CIMB” or “the Group”) and Ripple have entered into a strategic collaboration to enable instant cross border payments across its various markets. On the back of this partnership, CIMB […]

Thailand’s Krungsri Asset Management Enhances Portfolio Management Capabilities with Charles River IMS

MELBOURNE, Australia–(BUSINESS WIRE)–Nov. 01, 2018 Krungsri Asset Management Co Ltd. (Krungsri Asset), a leading Thai asset management company, is live with enhanced portfolio management capabilities across all asset classes on the Charles River Investment Management Solution (Charles River IMS). A client since 2005, Krungsri Asset uses Charles River IMS for portfolio management, trading and compliance, […]

KBank successfully tests instant cross-border payments with SWIFT gpi

BANGKOK–(THAI BUSINESS NEWS)–Oct. 25, 2018 KASIKORNBANK (KBank) teamed up with SWIFT and a group of banks from Asia Pacific, to carry out the trial of SWIFT’s new instant cross-border payments proof of concept. This trial successfully demonstrated that by enabling gpi in real-time domestic systems, payments can be effected in seconds, even when they involve domestic […]

EMQ and FOMO Pay Partner to Bolster the Digital Payment Revolution across “One Belt One Road ” Economic Corridors

HONG KONG & SINGAPORE–(BUSINESS WIRE)–Oct. 24, 2018 EMQ, a leading financial settlement network in Asia, and FOMO Pay, the award winning QR code payment solution provider in Singapore, has announced a partnership to support the growing demand for real-time international settlements from Singapore to China, with the ability to expand across other countries in Asia. […]

KResearch holds press conference on Thailand’s 4Q18 economic outlook

BANGKOK–(THAI BUSINESS NEWS)–Sep. 28, 2018 At KBank Phahon Yothin Building, Dr. Charl Kengchon, KResearch Managing Director, along with other executives recently held a press conference on Thailand’s economic outlook for 4Q18. KResearch has revised upward its growth forecast for the Thai economy in 2018 to 4.6 percent on the back of better economic performance during […]

Bit One Hong Kong : “Made in Japan” Cryptocurrency Exchange Is Now Coming!

TOKYO–(BUSINESS WIRE)–Sep. 07, 2018 BitOne Trade HK, which is a cryptocurrency trading platform operated via Bit One Hong Kong Limited, an affiliated company of Bit One Group Co.,Ltd., a Japanese listed company (TOKYO: 2338), (Director:Kimura Junichi, Location:Flat A, 25/F, Block 3, Golden Dragon Industrial Centre, 182-190 Tai Lin Pai Road, Kwai Fon Kowloon, Hong Kong), […]

WeWork Announces $500 Million Series B Investment in WeWork China Led by Trustbridge Temasek SoftBank and Hony Capital

NEW YORK & TOKYO & SHANGHAI–(BUSINESS WIRE)–Jul. 26, 2018 WeWork Companies (“WeWork”) today announced a $500 million Series B investment in WeWork China led by Trustbridge Partners (“Trustbridge”), Temasek, the SoftBank Group (“SoftBank”), the SoftBank Vision Fund (“Vision Fund”) and Hony Capital. This funding will accelerate WeWork’s growth in China, allowing the company to serve […]

TNS and INET Partnership Revolutionizes Thanachart Bank’s Merchant POS Service

RESTON, Va.–(BUSINESS WIRE)–Jul. 24, 2018 Thanachart Bank in Thailand is strengthening the point-of-sale (POS) services it provides to its merchants and their 30,000 terminals, thanks to a new agreement with Transaction Network Services (TNS) and INET. TNS, in partnership with INET, will upgrade Thanachart Bank’s merchant offerings with the TNS managed dial service, Secure Internet […]

Ant Financial to Share Full Suite of AI Capabilities with Asset Management Companies

27 asset management companies have set up a Caifuhao wealth management corporate account on the Ant Fortune platform, increasing operational efficiency by 70% and reducing costs by 50% Additional AI-enabled benefits include a 10-fold increase in daily visitors and a three-fold increase in the amount invested by returning customers HANGZHOU, China–(BUSINESS WIRE)–Jun. 20, 2018 Ant […]