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AppTech Announces Digital Banking and Payment Technology Partnership with NEC Payments

AppTech Announces Digital Banking and Payment Technology Partnership with NEC Payments

CARLSBAD, Calif., Oct. 5 (Korea Bizwire) — AppTech Corp. (“AppTech”) (OTC Pink Open Market: APCX), a fintech company, today announces that the company has entered into a strategic partnership with NEC Payments B.S.C(c) (“NECP”). NECP provides digital banking and payment technology solutions to facilitate open-integration between financial institutions and the fintech ecosystem, and to drive [...]

Cyberport Houses Over 30 InsurTech Start-ups with Great Potential

Cyberport Houses Over 30 InsurTech Start-ups with Great Potential

Hong Kong, Aug. 11 (Korea Bizwire) — As a key promoter of Hong Kong’s digital technologydevelopments, Hong Kong Cyberport spares no efforts in injecting new momentum into theeconomy. Cyberport has the largest FinTech community in Hong Kong, boosting close to400 FinTech companies that offer financial software and services, financial data analysis,wealth management technology, payment technology [...]

Euronet Worldwide and Visa Partner Together to Fuel Fintech Growth in Asia Pacific, the World’s Fastest Growing Digital Payments Landscape

Euronet Worldwide and Visa Partner Together to Fuel Fintech Growth in Asia Pacific, the World’s Fastest Growing Digital Payments Landscape

LEAWOOD, Kan., Dec. 19 (Korea Bizwire) — Euronet Worldwide (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, and Visa, the world’s leader in digital payments, today announced a strategic collaboration to fuel and sustain the growth of fintech companies in the Asia Pacific region. The partnership utilizes Euronet’s Digital Integrated Payment Cloud [...]

S. Korea OKs 3rd Internet-only Bank

S. Korea OKs 3rd Internet-only Bank

SEOUL, Dec. 16 (Korea Bizwire) — South Korea’s financial regulator on Monday granted preliminary approval for a new internet-only bank, a move that could further fuel competition with established bigger players and foster the fledging market. The Financial Services Commission (FSC) gave the initial approval to the consortium led by South Korean fintech firm Viva [...]

S. Korea to Set Up 300 bln-won Fund for Fintech Unicorns

S. Korea to Set Up 300 bln-won Fund for Fintech Unicorns

SEJONG, Dec. 4 (Korea Bizwire) — South Korea plans to set up a fund of 300 billion won (US$252 million) to help fintech startups become unicorns with a valuation of more than US$1 billion, Finance Minister Hong Nam-ki said Wednesday. Hong made the remarks at a meeting with economy-related ministers in Seoul to discuss how [...]

Three Consortia Apply for Internet-only Bank: Regulator

Three Consortia Apply for Internet-only Bank: Regulator

SEOUL, Oct. 15 (Korea Bizwire) — South Korea’s financial regulator said Tuesday it received applications from three consortia, including one led by a fintech firm, for a license to set up a new internet-only bank. Fintech firm Viva Republica led one consortium, which included KEB Hana Bank, Hanwha Investment & Securities and the Korean unit [...]

Market FinTech Ranks CUBE Top RegTech Supplier in 2019 Report

Market FinTech Ranks CUBE Top RegTech Supplier in 2019 Report

LONDON, Oct. 2 (Korea Bizwire) — CUBE has announced that its regulatory intelligence and regulatory change management solution has achieved the overall number one ranking in the 2019 Market FinTech RegTech Suppliers Report. CUBE’s Digital Regulation Platform (DRP) was awarded the top spot in four key categories: Compliance, Risk and Due Diligence Universal Tool Regulatory [...]

Virtusa Increases Position in the 2019 IDC FinTech Rankings

Virtusa Increases Position in the 2019 IDC FinTech Rankings

SOUTHBOROUGH, Mass., Sept. 23 (Korea Bizwire) — Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital strategy, digital engineering and IT services and solutions that help clients change and disrupt markets through innovation engineering, announced it has been ranked at number 29 out of 100 on the 2019 IDC FinTech Rankings, increasing its position over the previous year.  Now in [...]