DALLAS, TX, Nov 11, 2022 – (ACN Newswire via SEAPRWire.com) – “The Avengers(TM)” came together in 2012 and have defeated numerous villains over the last 10 years. Similarly, Trintech’s finance and technology experts also came together in 2012 to launch Cadency(R) – the world’s first end-to-end Record to Report SaaS solution transforming the way enterprise […]
LONDON AND HONG KONG, Nov 10, 2022 – (ACN Newswire via SEAPRWire.com) – Prenetics Global Limited (NASDAQ: PRE) (“Prenetics” or the “Company”), a global leader in genomic and diagnostic testing, today announced its unaudited financial results for the third quarter ended September 30, 2022. Third Quarter 2022 and Recent Highlights: — Reported third quarter 2022 […]
A man types on a computer keyboard in this illustration picture taken on Feb. 28, 2013. — REUTERS/KACPER PEMPEL/FILE PHOTO SYDNEY — Cyberattacks against Australia from criminals and state-sponsored groups jumped last financial year, with a government report released on Friday equating the assault to one attack every seven minutes. The Australian Cyber Security Centre […]
THE Philippines’ digital economy is expected to reach a gross merchandise value (GMV) of $35 billion by 2025, growing at a 20% compound annual growth rate (CAGR) from $20 billion today, according to a report by Google, Temasek, and Bain & Co. The main driver will be the e-commerce sector, which is seen to hit […]
MUMBAI, INDIA, Oct 26, 2022 – (ACN Newswire via SEAPRWire.com) – The BFSI and Fintech sector’s development is driven by technological progress. In light of the growing convergence between banking, financial services, and technology, 2022 has been labelled as a breakthrough year by industry insiders, as it is fuelled by using technologies such as Artificial […]
What milestones are you looking forward to in life? Providing the best education for your children? Being able to live comfortably and explore more in life upon retirement? We have different timelines for different milestones, but one thing’s for sure: financial preparation is key to accomplishing these goals and overcoming the obstacles you might encounter […]
ONE of the fundamental characteristics of any modern developed economy is near-universal financial inclusion, where all citizens have access to a formal financial system. More than ever, banking depends on internet connectivity to support modern digital solutions. Although the number of Filipinos with access to financial accounts has rapidly grown in recent years, the Bangko […]
Public officials must be reminded that the financial assistance given or set to be given to their constituents who badly needed it is not their personal money. It comes from the government’s coffers, sourced from tax-paying citizens and people involved in business. For Cebu City Mayor Michael Rama to say that he wants the release […]
JAKARTA, INDONESIA, Oct 3, 2022 – (ACN Newswire via SEAPRWire.com) – With Indonesia darting to incorporate the latest technology innovations in FSI, the country’s fintech is expected to generate $8.6 billion revenue by 2025. The move is further getting bolstered by Otoritas Jasa Keuangan (OJK) that is bringing favorable regulatory changes and has even launched […]
AN OFFICIAL from the Metropolitan Bank & Trust Co. (Metrobank) forecasts another 50-basis-point (bp) rate increase by the Philippine central bank in response to the US Federal Reserve’s aggressive monetary tightening this week. In an interview with journalists on Wednesday, Metrobank Head of Financial Markets Sector Fernando Antonio A. Tansingco said the Bangko Sentral ng […]
INSURANCE firm Insular Life (InLife) is eyeing to recruit 400 new financial advisors in Cebu as it expands its business.In the Visayas, Raoul Littaua, InLife president and chief executive officer (CEO), said the insurance firm plans to sign up about 712 new financial advisors this year.Littaua was in Cebu on Friday, Sept. 16, 2022 to […]
MANILA, Sep 20, 2022 – (ACN Newswire via SEAPRWire.com) – Southeast Asia’s most renowned FSI event, World Financial Innovation Series (WFIS) disrupted the Philippines’ fintech market with its inaugural edition in the country on 16 – 17 August 2022 at the Sofitel Philippine Plaza in Manila. It also gave a major boost to the country’s […]
LONDON AND HONG KONG, Sep 9, 2022 – (ACN Newswire via SEAPRWire.com) – Prenetics Global Limited (NASDAQ: PRE) (“Prenetics” or the “Company”), a global leader in genomic and diagnostic testing, today announced its unaudited financial results for the second quarter ended June 30, 2022. — Revenue of US$51.7 million in the second quarter of 2022— […]
THE International Finance Corp. (IFC) said it has organized a facility that will put up 30% of the funding for projects supported by financial institutions, as a means of encouraging private investment. The IFC targets a 30% increase in climate lending by financial institutions as well as near-zero exposure to coal projects by 2030, and […]
HONG KONG, Aug 31, 2022 – (ACN Newswire via SEAPRWire.com) – Value Convergence Holdings Limited (“VC Holdings”, together with its subsidiaries, the “Group”; Stock Code: 0821.HK), a well-established and one-stop financial services institution in Hong Kong, is pleased to announce its unaudited interim results for the six months ended 30 June 2022 ( the “Reporting […]
HONG KONG, Aug 29, 2022 – (ACN Newswire via SEAPRWire.com) – Far East Horizon Limited (Stock Code: 03360.HK), a leading financial services and industrial group in China, announced its interim results for the six months ended 30 June 2022. Financial ReviewIn the first half of 2022, the international and domestic environment was complex and volatile, […]
A pre-pandemic Philippines had only 29 percent of Filipino adults who owned bank accounts. This was in 2019. The following year, the coronavirus disease (Covid-19) pandemic hit the country and changed the financial landscape.Sure, the pandemic at its height has wounded the economy, forcing several businesses to close shop, sending millions of Filipinos to unemployment. […]
MORE than half of the country’s adult population now owns a financial account, according to the results of the Bangko Sentral ng Pilipinas (BSP) 2021 Financial Inclusion Survey (FIS).The survey results showed that account ownership surged to 56 percent in 2021, up from 29 percent in 2019. This increase is the highest two-year growth since […]
THE Bangko Sentral ng Pilipinas (BSP) and other agencies have test deployed satellite internet services for two rural banks to help boost their operations and give their clients better access to financial services in remote areas. The central bank, the Philippine Space Agency (PhilSA), and the Department of Science and Technology-Advanced Science and Technology Institute […]
GOVERNMENT prosecutors have indicted an assistant manager of the Bank of the Philippine Islands (BPI) over his alleged involvement in a financial fraud at German payment company Wirecard AG, the Department of Justice (DoJ) said on Thursday. The bank official was charged with four counts of falsification of bank certificates and two counts of violating […]