SINGAPORE - An understanding of economics and finance provides a valuable foundation for lifelong learning and can be applied to real-world problems, said Deputy Prime Minister Heng Swee Keat on Sunday (July 25) as he encouraged young people here to develop and deepen their interest in the topic. Speaking at the final round of the virtual National Economics and Financial Management Challenge, Mr Heng said the basics of economics and finance can be applied to public policy, for example to address climate change or changing demographics in Singapore and globally. "The discourse is not just theoretical, but it can lead to better outcomes that can improve the lives of billions of people on earth," he said. The challenge was organised by the National University of Singapore's Economics Society to make pre-tertiary education students become interested and appreciate economics and finance. Now in its 14th year, the challenge began this month with two earlier rounds that tested the participants' knowledge of tertiary-level economics and their ability to create a video applying economic and financial theories to an everyday life topic. Sunday's round included a case study and presentation segment, where teams were given 1½ hours to work on a case question, and a buzzer round that tests participants' general knowledge. Mr Heng also addressed concerns young people here might have about their future, given the uncertainty of the Covid-19 pandemic. He said: "I believe that while Covid-19 has closed some doors, it has also opened many new ones. The post-Covid-19 world will be quite different from the one before, but it will be no less exciting." He noted that Covid-19 has accelerated structural changes that were already in motion, including the digital revolution and the renewed emphasis on environmental sustainability. "Our youth are well-placed to seek out these new opportunities," he said. Mr Heng added that the value of understanding economics goes beyond being prepared for the job market. He said: "I believe economics can help each of us to make better choices - for ourselves and for our society. I hope that you will continue to deepen your interest in economics and finance, and use this knowledge to become active citizens and make a difference. "This is the spirit of Singapore Together, where we can all play a part in building a better shared future." More on this topic Related Story Youth unemployment rate climbed higher last year amid Covid-19: MOM report Related Story 85% of Singapore youth still optimistic about the future, volunteer group's survey shows
Singapore, Jul 9, 2021 - (ACN Newswire via SEAPRWire.com) - Returning for the 3rd edition, the Accounting & Finance Show Hong Kong 2021 will see 80 local and international accounting and finance leaders and technology experts taking the virtual stage on 28-29 July 2021. The 4 key channels, Digital Innovation, Accounting Tech: Adopt, Accounting Tech: Connect & Grow and Digital Practice will focus on stories and real-world examples, enabling attendees to gain invaluable insights and practical information on how to set out or continue in their own digitalisation journey.Over the two days, the live online agenda will cover all the latest innovations in accounting and tech from cloud accounting software to AI and robotics. Session highlights include- "Adoption & Innovation: How the pandemic has transformed the way accountants and finance professionals leverage technology"- "CFO: 4.0: The changing role of the CFO in business strategy"- "Using technology to build confidence in finance teams during turbulent times"- "How actionable and real-time analytics will drive your business forward"- "Going Digital: Why keeping up is so important"These sessions will assist accounting and finance professionals in accounting firms and businesses in any industry to progress their digital transformation journeys, elevate their digital skills and futureproof their organisations.Expert speakers sharing their insights include:- Helen Ahlstedt, Chief Financial Officer, Allegis Group- Thomas Au Yeung, Global Finance Director, Tron Foundation- Christophe Batallie, CFO Asia Operation, Lacoste- Collin Jin, National Audit & Assurance Innovation Leader, Deloitte- Kyelie Baxter, Managing Partner, IQ Accountants- Emil Chan, Chairman, The Association of Cloud and Mobile Computing Professionals- Jasmine Chung, Head of Finance, FoodPanda Hong Kong- Kevin Fitzgerald, Managing Director, Asia, Xero- Travis Huggins, Regional Leader - Finance, Woods Bagot- James Liu, Finance Director IKEA, Diary Farm Group- Michelle Lombard, CFO, Tatler- Emma Martin, Commercial & Finance Director, Ogilvy & Mather Asia Pacific- Aaron Pang, Associate Director Business Transformation, EY- Stephen Lo, CFO, Prenetics- Amy Ip, Managing Director, Caas As the event's Title Sponsor, Xero will be joined by a range of its app partners, who will present fully integrated solutions in the Xero Connected App Partners Pavilion. CardUp, Fathom, Cynopsis Solutions, HReasily, Spotlight Reporting and other industry leaders will also be showcasing the latest solutions for Hong Kong's accounting and finance professionals."Over the last five years, the accounting industry has become more tech-savvy than we ever anticipated, and at the centre of this is The Cloud. The Cloud has enabled greater efficiencies, accuracy, transparency, time and cost savings than businesses have ever known, giving you more time to focus on strategic planning, business growth and creating greater value for your clients. The Accounting & Finance Show Hong Kong is a great place to hear from industry experts about their learnings and insights. We are delighted to be a part of this event. Join us and discover the latest digital trends, and understand how we can help practices across Asia achieve greater success with our expertise," said Kevin Fitzgerald, Managing Director - Asia at Xero.The Accounting & Finance Show Hong Kong 2021 isn't just a chance to hear from leaders who are working towards streamlining finance workflows and businesses, it is also a golden networking opportunity with real-time conversations taking place throughout the 2 days.Details of the 2-days virtual event are as follows:Accounting & Finance Show Hong Kong 202128-29 July 2021 | Virtual Free-to-AttendWebsite: https://bit.ly/3hG8xGg Register: https://bit.ly/2Uxslna Agenda: https://bit.ly/3dVSH9oAbout TerrapinnTerrapinn is an international events media business with 30 years' experience developing best in class conferences and exhibitions across a wide range of key industry verticals. With our global footprint and offices in London, New York, Singapore, Sydney, Dubai and Johannesburg, we've been sparking ideas, innovations and relationships that transform businesses. In Asia we run 17 pan Asian events; Telecoms, Enterprise Technology, Life Sciences, Transportation, Accounting, Logistics, Education and Renewable Energy sectors. In 2020, we ran over 80 virtual events and total attendance across all shows was in excess of 70,000.For more information, please contact: Lim Jia LeMarketing Executive Terrapinn Pte Ltd Tel: (65) 8133 1705Email: jiale.lim@terrapinn.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
The 7th edition of the Solar & Storage Finance Asia, hosted by Solar Media is designed to propel energy projects, innovation and investment in South East Asia. Under the three themes "finance, technology and off-taker deployment", Solar & Storage Finance Asia will be held from 6-8 July virtually, to help you engage with proven investors, technology providers and business partners. Some Key Speakers Isabel Chatterton, Director & Regional Head of Industry, Asia Pacific, Infrastructure, International Finance Corporation (IFC)Vikram Raju, Head of EM & Climate Impact – AIP Private Markets, Morgan StanleyAdhi Laksmanaputra, VP Commercial, Xurya Daya IndonesiaPrabaljit Sarkar, Director Business Development, InfraCo AsiaJen Tan, Head of Integrated Solutions, Sembcorp Singapore & SEARuth Briones, Chairman/President, Greenergy Solutions View All SpeakersSome key sessions to catch:Pushing The ESG agenda – How C&I Is Leading The Way With Solar – View full agenda.With investors increasingly applying the ESG (Environmental, Social and Governance) standards as part of their analysis process when identifying material risks and growth opportunities, an ever-increasing number of organisations are looking to deploy solar as a way to achieve these standards and goals, especially when it comes to their manufacturing. In this session, we will hear from some of these larger organisations, who are pushing for an increase of solar deployment, and gather their views on investing in green energy.Key topics include:Potential, forecasts and drivers for deploymentFeasibility and planning stagesSingapore's offshore floating solar – lessons learnt Register here and join us and the other 300+ solar and storage professionals at the conference with 20% off! Use our code ACN20 Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
Singapore, Apr 14, 2021 - (ACN Newswire via SEAPRWire.com) - Infocus International Group has launched the Project Finance & Project Financial Modelling online course and it will be commencing live on 10th June 2021. Throughout the eight sessions of the course, you will learn the latest PF strategies, risk mitigation instruments, as well as financial modelling best practices with practical case studies.Today's project finance (PF) transactions require a higher level of expertise not only in programming more sophisticated and flexible financial models, but also in incorporating the latest risk mitigation and credit enhancement instruments. While higher standards of Environmental, Social, and Governance (ESG) impact management are being demanded of all major capital projects worldwide, more options and models for ESG mitigation, insurance, guarantee products, and financing instruments are now available.The objective of this course is to provide participants with an enhanced understanding of the practical & documentation requirements of all interested parties to today's PF transaction. This programme provides you with proven PF analytical strategies and transaction structuring techniques which will enable you to quantitatively assess risks, resolve constraints, and reach project financial closure. This programme is also designed to enhance the check lists and benchmark metrics by which you can reduce losses and which will be viewed favourably by both management and the regulatory community.Course Sessions:- Limited-recourse Project Finance models & key requirements- Managing Project Finance transactions & stages of the deal- Project Finance documentation management, risk analysis models & Environmental, Social & Governance (ESG) mitigation options- Sources of PF funding, financing instruments & guarantee products; credit enhancements & bankability techniques- PF financial model design requirements, presentation & formatting standards- Programming financial statements, cash flows, profit & loss statements and managing international accounting standards- Projecting PF balance sheets, SPV reserve accounts, PF refinancing, and conducting sensitivity analyses- PF model stress-testing, overseeing Monte Carlo simulation analyses, and modelling for credit enhancementsAs a result of actively engaging in this program, you will be able to make practical decisions on PF strategies, projects, and transactions for your organizations following the workshop?s completion.Want to learn more?Simply email to weslyn@infocusint.com or call +65 6325 0351 to obtain your FREE COPY of event brochure. For more information, please visit www.infocusinternational.com/projectfinance-online .About Infocus International GroupInfocus International is a global business intelligence provider of strategic information and professional services for diverse business communities.Infocus International recognises clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights.Weslyn LeeTel: +65 6325 0351 | Email: weslyn@infocusinternational.com Web: www.infocusinternational.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
SINGAPORE, Apr 14, 2021 - (ACN Newswire via SEAPRWire.com) - Bussr, the world-leading artificial intelligence (AI) powered mobility platform, is looking to make its services global in every sense of the word after announcing the rollout of the pioneering digital payment platform, Nekla. The Singapore-based transport disruptor announced it will offer its passengers a digital payment option through payment innovator Nekla, allowing millions of underbanked users to pay for Bussr services easily.Bussr's Mobility-as-a-Service (MaaS) technology serves both as a mobile app for private travelers and a full journey ticketing, payment, and fleet management solution for cities and enterprises. Its leading AI platform continuously monitors millions of data points to help large-scale transport operations perform at optimal efficiency for both passengers and operators.Bussr currently operates across more than 500 cities, with over 830 transport operators, 60-plus payment partners, and more than 100,000 retail stores. While Bussr has already seen more than 12 million passengers use their platform in less than two years, they believe it is Nekla's digital-based payment platform that will lead to ubiquity on a global scale.A challenge Bussr has been facing, that Nekla addresses, is meeting the demand from emerging markets, where 1.7 billion adults are still locked out of the conventional banking system, even though half a billion of that population have access to the internet. This means over a third of the planet's adult population is unbanked. For Bussr, that means millions of customers who want to use their platform, but have no reliable way of paying.Nekla's technology can certainly address the issues of providing service to the unbanked with access to money, all the while benefiting from its inherent strengths of trustworthiness and transparency. But what really captured Bussr's attention was how Nekla could make digital payments beginner-friendly and accessible to millions of people.Front-line financial technologies, despite the headlines, are far from reaching mass adoption worldwide. After all, most people don't have time to study complex algorithms to make a simple payment. Nekla believes that they can bridge the divide between the real world and the digital finance space, and trigger a global, mass uptake of digital finance with a beginner-friendly, easy-to-use payment and lending platform.Nekla's solution to this lofty goal is a global payment ecosystem that is accessible to anyone with a $30 smartphone, and data access. Download the app, deposit local currency to your account from a third-party financial service provider, or deposit cash in a retail store. You then have digital currency that can be used almost anywhere on earth.This will allow Bussr to rapidly expand the scope of their operations to the 5.7 billion people in emerging markets in Asia, Africa, and beyond. It's numbers like that which make Bussr believe they will earn a large share of the global transit and ground passenger transportation market that is predicted to reach US$908.8 billion by 2027.Nekla is founded by Silicon Valley and Wall Street pioneers who have banded together to make Finance accessible to everyone on the planet. A wealth of talent and experience is needed to bring such a vast vision to reality, which thankfully, Nekla has. Nekla's leadership managed the world's largest internet ventures, led major digital transformation projects for governments and global consulting firms like PwC and Deloitte, and guided industry leaders, acting as Microsoft's Chief Architect and Google's Enterprise Architect in billion-customer markets.Bussr is backed by high-profile investors, such as Bridford Group, Peng Ong of Monk's Hill, Le Mercier Group, Jack Selby of Thiel Capital, Altitude Partners, Angela Huang, Duncan Clark, Founder of China BDA, Alibaba early investor and author of the book 'The House That Jack Ma Built, Andrew Huang of Fountainvest, and Alfa Intelligence Capital. There are also strategic angel investors from Facebook, PayPal, Lyft, Spotify, Zoom, Didi, and Impossible Foods.With this experience and knowledge behind it, and with the backing of such influential partners, Nekla believes it can make Digital Finance the new norm for mass-adopted payments and lending around the world.Media contact:Bussr TechnologiesEmail: press@bussr.comWebsite: www.bussr.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
HONG KONG, Mar 30, 2021 - (ACN Newswire via SEAPRWire.com) - China Success Finance Group Holdings Limited ("China Success Finance" or the "Company", together with its subsidiaries the "Group", stock code: 3623) is pleased to announce its audited annual results for the year ended 31 December 2020.During the year under review, the recurring pandemic across the world and uncertain and challenging geopolitical risks casted a shadow on the global financial market development. In accordance with the country's economic policies and market changes, the Group successfully overcame the hardships in the pandemic through leveraging its own advantages and harnessing the power of technology. The Group has seen no substantive impact on its business and operations. The Group recorded improved financial results compared to last year, with its revenue achieving approximately RMB158.1 million, an increase of over 83% year-on-year. Among which, the new sales of market hogs business recorded a net income. Provision for the impairment loss accrued during the year which made by the Group based on the overall macro-economic conditions generally decreased from the previous year. Affected by the above factors, the Group's recorded loss before taxation and loss for the period of approximately RMB67.3 million and RMB84.6 million respectively, representing year-on-year decreases of approximately 85.5% and 80.4% respectively. The Board of Directors did not recommend the payment of final dividend for the year ended 31 December 2020.Mr. Zhang Tiewei, Chairman and Executive Director of China Success Finance indicated, "In 2020, since the Chinese government promptly coordinated and imposed various measures to contain the spread of pandemic, China manifested its economic resilience and became the only major economy with positive economic growth last year. Furthermore, the Chinese government introduced a series of monetary and financial relief measures to foster the development of micro, small and medium-sized enterprises in post-pandemic era. Facing such complicated macroeconomic situation, the Group leveraged its own advantages and continued to steadily develop traditional businesses, deepened intensive efforts in financial technology and capitalized on competitive edges of subsidiaries in response to national economic policies and market conditions, whilst taking risk prevention, to provide customers with professional, high-quality and comprehensive integrated financial services."Regarding guarantee business, the Group demonstrated a stable growth in development and recorded a year-on-year increase of approximately 96.3% in net guarantee fee income to approximately RM158.1 million during the year. During the year, China Banking and Insurance Regulatory Commission issued "Procedures for the Off-site Supervision of Financing Guarantee Companies" and "Interim Measures for the Supervision and Administration of Financial Leasing Companies", driving the industry to develop in a healthier and more systematic way with stringent standards. The Group's subsidiary Guangdong Success Finance Guarantee Company Limited became one of the first three cooperative guarantee institutions of Foshan Financing Guarantee Fund, supporting the Group to capture the opportunities in SME financing market. Meanwhile, while keeping a close eye on industry changes, the Group increased investment in hiring technicians and upgrading equipment, so as to continuously upgrade its business system. Through strengthening its interaction with financial institutions, expanding business portfolio and enriching product chain, the Group actively identified new profit drivers and fostered better support to the development of financial inclusion in the country, meantime providing customers with more efficient and comprehensive integrated financial services.Meanwhile, responding to the policy trend, the Group seized the opportunities in pig breeding industry, which has a huge market potential and stable demand growth. The Group devised plans for the new business through acquiring shares of the livestock farming entities and investing in the construction of pig farms in the Greater Bay Area, so as to propel the modernization and standardization of the pig breeding models. By actively exploring the integration of "finance + entity", the Group strives to optimize the complementary advantages and business complementation of livestock farming industry and finance, in hopes of building a solid foundation for the Group's future development of integrated financial services in the supply chain.Looking forward, Mr. Zhang Tiewei said, "Although the introduction of vaccines brings a silver lining to the pandemic prevention and control, the market expects that global economy will remain volatile. Under the 14th Five-Year Plan, a new round of growth opportunities is expected for the domestic financial industry. The Group will continue to leverage its advantages in comprehensive financial service capabilities and technological innovation, in hopes of actively optimizing its service quality to enhance profitability. Furthermore, while planning for the construction of the Greater Bay Area, the Group will prudently identify suitable investment opportunities, in order to enhance business flexibility and create new business growth drivers, thereby creating long-term and stable returns for investors and shareholders in the ever-changing business environment."About China Success Finance Group Holdings LimitedChina Success Finance Group Holdings Limited is a leading private financial group in China, and the first financial group with guarantee service as a major business in China to be listed on the Main Board of The Stock Exchange of Hong Kong Limited. The Group has elevated from its traditional business in guarantee and microcredit since its listing, to a diversified and comprehensive financial service platform with services including asset management, fund management, investment and acquisition, financial leasing, financial guarantee, overseas capital, real estate finance, and microcredit. Meanwhile, the Group maintained its business foundation in the Pearl River Delta Region with Foshan as the center, and provide comprehensive and professional financial services to the development of the Guangdong-Hong Kong-Macao Greater Bay Area. For more information, please visit the website of China Success Finance Group Holdings Limited: http://www.chinasuccessfinance.com/ Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
SINGAPORE, Mar 24, 2021 - (ACN Newswire via SEAPRWire.com) - Following a year of unprecedented disruption, business technology adoption has rapidly accelerated across Asia. Cloud technologies have gone from nice to have to must have and companies are discovering the power of mixing and matching solutions to meet their ever-changing business needs. In this process, finance leaders play a much more critical role than before. The newly launched CFO & Treasury Summit Asia 2021 is the first event to kick off The Accounting & Finance Show Asia 2021 series and will bring together the finance leaders and corporate treasurers from medium and large enterprises across Asia.Broadcasting more than 14 hours of curated content, this one-day virtual summit will feature the most inspirational CFOs, treasurers and finance leaders speaking across 2 key channels, Future Finance and Digital Treasury. Topics include "Digital Transformation & Role of CFO in Strategic Business Positioning", "Digital trends that will transform the finance function in 2021", "Managing cash and liquidity on a global scale during a turbulent business environment", "Re-emergence planning and post-pandemic recovery" etc. The latest insights, technologies and best practices to be shared aim to help finance leaders navigate through the uncertainties beyond 2021, driving recovery and growth.Some of the expert speakers at CFO & Treasury Summit Asia 2021 include: - Delvin Chen, Director, Commercial Treasury, GE - Christopher Emslie, Asian Regional Treasurer, General Mills - Nitin Jain, Head of Treasury & Capital Markets, Agrocorp- Alexander Joramsa, CFO Asia Pacific, Teva Pharmaceutical- Laxmi Keshote, Treasury & Financial Risk Lead, Stripe- Pheng Leong Tan, CFO, BIBD Bank- Ramesh Narasimhan, CFO, Arcis Global Merchants- Suryanarayanan Balasubramanian, CFO, iWise- Surin Segar, Executive VP, Group Head - Tax, Maybank- Ekaterina Sejourne, Regional Head of Finance - Middle East Asia Pacific, Puma Energy- Siew Shan Sim, CFO, Air Asia - Jessie Qiu, Head of Finance- Asia & Latin America, ResMed- Axel Hauke, Trader/Treasury Manager, Agrocorp International Pte Ltd- Timothy Williams, CFO, FCM Travel Solutions- Gary Zhang, Group CFO, Qi GroupBlackLine is the Summit's Gold Sponsor, while Esker and ITILITE are the Summit's Silver Sponsors. They will be empowering the CFO and Treasury community through the presentation of integrated solutions at their respective conference sessions.Ms Fei Xiang Woon, Director of APAC Marketing Programs of Blackline shared, "The past twelve months have seen an enormous shift in the way that businesses carry out their traditional finance and accounting processes. The CFO & Treasury Summit Asia promises to bring together the finance community at just the right time, and we are delighted to be a part of the event."The one-day free-to-attend summit is expected to garner the attendance of over 500 CFOs, treasurers and finance leaders from across Asia and beyond.Details of the one-day virtual summit are as follows: CFO & Treasury Summit Asia 2021 20 April 2021 | Virtual Free-to-Attend https://bit.ly/3tQbhW4 About Terrapinn Terrapinn is an international events media business with 30 years' experience developing best in class conferences and exhibitions across a wide range of key industry verticals. With our global footprint and offices in London, New York, Singapore, Sydney, Dubai and Johannesburg, we've been sparking ideas, innovations and relationships that transform businesses. In Asia we run 17 pan Asian events; Telecoms, Enterprise Technology, Life Sciences, Transportation, Accounting, Logistics, Education and Renewable Energy sectors. In 2020, we ran over 80 virtual events and total attendance across all shows was in excess of 70,000. For more information, please contact: Lim Jia Le Marketing Executive Terrapinn Pte Ltd Tel: (65) 8133 1705 Email: jiale.lim@terrapinn.com. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
Dallas, TX, Mar 17, 2021 - (ACN Newswire via SEAPRWire.com) - Trintech, a leading global provider of integrated Record to Report software solutions for the Office of Finance, today announced its automated financial close solution is integrated with Microsoft Dynamics 365 Finance. The integrated solution is now available in Microsoft AppSource to provide greater control and insight for Dynamics 365 Finance customers."With Adra's unified and seamless integration with Microsoft Dynamics 365, finance and accounting departments can automate key parts of their financial close process that would otherwise require human intervention," said Darren Heffernan, President, Mid-Market at Trintech. "This integration combines the power of Microsoft Dynamics 365 Finance with the most comprehensive financial close solution for organizations into one seamless experience that will increase the efficiency and accuracy while simultaneously reduce the cost and risk across your financial close process."Just a few of the many benefits finance & accounting departments will gain include:- Visibility across all tasks in the financial close process- Control and automation of reconciliations- Shortened close cycle through efficiency gains- Automated notifications of balance changes throughout the close- Reduction in write-offs"Trintech's Adra Suite helps maximize the value of a company's investment in Microsoft Dynamics 365 Finance by delivering greater insights while mitigating risk, reducing errors and improving your overall financial close process," said George Glantschnig, General Manager, Dynamics 365 Finance, Globalization, Project Operations, Human Resources at Microsoft.Currently deployed by over 1,800 companies across the globe, the Adra Suite provides cloud-based, financial close and reconciliation solutions for companies looking to quickly increase the efficiency, control and visibility for all key areas of the financial close process including: balance sheet reconciliations (Adra Balancer), transaction matching (Adra Matcher), financial task management and controls (Adra Task Manager), and reporting (Adra Analytics).For more information on this integration, please click here. https://pr.report/A9VsESj0About TrintechTrintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance - Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide - including the majority of the Fortune 100 - rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.Media Contact:Kristina Pereira TullyVestedTel: +1-650-464-0080trintech@fullyvested.comSOURCE: Trintech, Inc. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
HONG KONG, Jan 21, 2021 - (ACN Newswire) - The latest in a series of partnerships to be announced, Blockpass is proud to reveal its collaboration with Rocket Vault Finance. Rocket Vaut is integrating Blockpass' unique KYC Connect solution to enable fast, simple and efficient KYC for users, not only to onboard new customers, but also to verify those wishing to be involved with their upcoming token sale. Starting in February, the Rocket Vault token sale promises to be both exciting and compliant thanks to this new partnership.Rocket Vault Finance is a Smart Vault powered by advanced Artificial Intelligence predictive analytics and Machine Learning, adopting a data-driven approach to come up with vault strategies to minimize losses and maximize gains to provide the best APY in stable coins. Users deposit funds with Rocket Vault and the platform automatically invests it in the best pools, avoiding risky pools and achieving over 100% APY on average to date. Rocket Vault has two user plans in public beta - a 'free for retail' option and a 'paid for institutions' option.Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. Through Blockpass, users can create, store, and manage a data-secure digital identity that can be used for an entire ecosystem of services, token purchases and access to regulated industries. For businesses and merchants, Blockpass is a comprehensive KYC & AML SaaS that requires no integration and no setup cost. You can set up a service in minutes, test the service for free and start verifying and on-boarding users."It's always great to find others who value compliance as highly as we do," said Adam Vaziri, CEO of Blockpass. "The team at Rocket Valut have demonstrated their commitment to the highest standards of regulatory compliance and through this partnership we're excited to enable it. We're all looking forward to facilitating their successful tokensale next month and working with the team at Rocket Vault to onboard new customers for many years to come.""We are excited to work with blockpass for our customer KYC & AML checks," said Founder and CEO of RVF, Kiran Mannam. "Blockpass addresses a very critical part of the customer onboarding process with ease. The APIs are user-friendly and save a lot of time and effort in automating the whole process."Blockpass has grown significantly in size and use since its inception, both in the number and range of users and companies it has partnered with, and the scope of its work. Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience. Blockpass has seen rapidly increasing numbers of users in the past year as its identity verification solution is used for ICOs, STOs and IEOs, including supporting successful fundraisers in the past few months. The recent integration with Matic is already leading to conversations with other companies and businesses around the topic of KYC provision. With a current 90%+ discount on its services, a fact made possible due to the unique reusable nature of its verification method, and put in place to help as many people as possible access KYC in the current pandemic, there has never been a better time to explore the potential of Blockpass. The Blockpass App is available from the App Store and Google Play.About BlockpassBlockpass is a fast, fully comprehensive KYC & AML screening software-as-a-service for blockchains, Crypto, Defi and other regulated industries. With Blockpass, you get an unmatched set of benefits for any compliance service that includes pay-as-you-go, no setup cost, no integration necessary, free testing, immediate launch and at the lowest cost. Blockpass' KYC Connect(TM) platform enables businesses to select requirements for customer onboarding that can include ID authentication, face-matching, address checking, AML ongoing monitoring and/or screening of sanctions lists, politically exposed persons (PEP), and adverse media. Through Blockpass, end-users easily create a verified portable identity that they can control and re-use to onboard with any service instantly. By integrating with Chainlink Network, a decentralized oracle solution, in early January, Blockpass introduced the first on-chain KYC solution that will service many blockchains in the years to come.For more information and updates:Promotional video: https://youtu.be/SvO2cw3e-SIWebsite: http://www.blockpass.orgEmail: sales@blockpass.orgAbout Rocket Vault FinanceRocket Vault Finance in a nutshell is the "Intelligent Fund Manager" backed by AI & ML for Crypto Value Investing. Just deposit in the SmartVault, sit back & watch your funds grow! Why lose sleep over crypto investing? RocketVault works hard 24x7x365 days to maximise your gains while you are having a quality time with your family.Rocket Vault Finance closed token preSale successfully in early January 2021 and the private and public sale are scheduled for February 2021. To participate in the upcoming token sale, please find below the project links:Telegram channel: https://t.me/rVaultTelegram announcement channel: https://t.me/rVaultAnnTwitter: https://twitter.com/RVF_SmartVaultWebsite: https://www.rocketvaults.ioPrivate beta: https://www.rocketvaults.io/appProduct Demo with LIVE orders: https://t.me/RVF_SmartVault_BotEmail: contact@rocketvaults.io Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com
VaultSwap, a crypto-swapping service, has entered into a partnership with CREAM Finance to officially add CREAM to its Staking platform. And 6000 CREAM airdrop to those who participate in Vault tokensale. Vault tokensale, which was set to close by 20th December is now extended to 30th December, as in line with allowing the community more participation and development opportunity. VaultSwap enables some tokens' smooth operations and security by holding them in a unique wallet while their values improve significantly. Stakers earn some percentage profits, depending on the period they stake their token. 6000 CREAM Airdrop VaultSwap will airdrop 6000 CREAM to Vault Tokensale participants with the AirDrop calculated as 1 cream for 10 VAULT tokens, which would be for the FIRST 60,000 VAULT tokens buyers. What is CREAM Finance CREAM Finance is a decentralized peer-to-peer (P2P) DeFi platform that renders borrowing, lending, swapping, tokenization, and payment services for digitized assets. The Compound Finance fork birthed the CREAM Finance protocol, while the code of Balancer Labs controls its CREAM SWAP exchange. To hasten the development of the CREAM Finance open source, the community provides yield farming rewards to its users. Apart from being permissionless, the open-source is also blockchain-agnostic. The CREAM Finance project, otherwise known as "Crypto Runs Everything Around Me," was suddenly launched on 3 August 2020, on the Ethereum network, via the Yolo liquidity pool. It was live on the Binance Smart Chain (BSC) in September 2020. The partnership of two emerging powers This partnership is expected to revolutionize the staking world, and the initial phase will concentrate on staking. However, other services like lending, yield farming, and swapping, which VaultSwap is known for, may follow. Staking allows members of a crypto community with low-cap projects to hold their tokens for a longer time. With VaultSwap's staking services, users get value for the money invested and their patience of not spending at the early stage. Users can get up to an APR of 30% for staking their tokens on the platform. What Is VaultSwap? VaultSwap is a blockchain-powered exchange and Yield Farming where you can swap one cryptocurrency for another. VaultSwap is completely decentralized, as it also supports staking applications. Some of the groups that will receive VAULT after the token sale are Pre-Sale, Staking platform, as well as Exchange listings. VaultSwap Exchange Products Staking:Instead of storing away your VAULT token in a wallet, you can stake it and be rewarded with an APR of 30%. Lending:Some investors are seeking funding to scale their businesses. You can lend them your cryptos (USDT, USD, DAI, TUSD, PAX, and BUSD) and get up to 26% APR. Yield Farming:Yield Farming gives you the opportunity to earn up to 2,000% APR when you contribute liquidity on the VaultSwap platform. Referral Program:Convince your friends or family members to participate in the ongoing token sale, and you would be rewarded with 10% of the total sum that your referee invested. Where To Buy VAULT Tokens The VAULT tokens sale is live. The sales started on November 20th and will end on December 30th. The maximum supply is 200,000 VAULT with 5,000 ETH hard cap https://vaultswap.io/#token-section Point To Note: CREAM is currently listed on binance, gate.io and several other exchanges. VaultSwap is going to be listed on P2pb2b. Currently, 1 ETH = 20 Vault, after listing, it will be 1 ETH = 2 VAULT, and more listings are expected to follow in the next few weeks! Media Contacts Further information at: https://vaultswap.io/ Company: Vault.ltd Contact: Jason Wright Telegram: https://t.me/VaultSwap Twitter: https://twitter.com/Vault_Swap ---------------------------------------------------------------- The article is provided by a third-party content provider. SEA PRWire makes no warranties or representations in connection therewith. Any questions, please contact SEAPRWire/at/gmail.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore & Malaysia)
Tallin, Estonia / NOVEMBER 19, 2020 / The YUI Finance project was listed on Uniswap on 17th November 2020. After listing on the Uniswap platform and its liquidity locked for 6 months, the project has also successfully listed on Bilaxy, Coingecko, CoinMarketCap and Blockfolio. Furthermore, the team behind YUI Finance is happy to inform users that we have entered into a partnership with Dextools (https://www.dextools.io/app/) and Ferrum Network (https://bit.ly/35HVnUs) to further scale the project and make staking accessible to members of our community. People are all not unaware of the challenges that businesses and entrepreneurs alike face in their attempt to source for funding to scale their business interest. Among others, some of the challenges confronting the average business person out there are credit rating, high interest rates, high default rates, and rising cost of supplies. While different governments of the world are striving to mitigate these identified challenges, a bunch of entrepreneurs still find it difficult to access loans to scale their businesses. The YUI Finance project is here to address these challenges and also liberate loan seekers from the stronghold of our present-day financial institutions. YUI Finance is offering the YUI token, the native currency of the YUI Finance network, as an alternative for businesses to access loans. The sales finished with excellent outcome reaching the 97% of our hardcap, which is amongst the BIGGEST turnout in recent times for any project. YUI Finance made history after listing, by shooting to number one spot on Dextools. 24 hours after, the company achieved a $4M milestone in volume. At the close of sales and after listing, YUI Finance burnt 2 categories of tokens: hence, our total supply is now 27.7K. The categories of tokens burnt are unsold tokens and the 100 tokens allocated for marketing purposes. YUI Finance is 100% public and audited by the world's famous Blockchain Consilium. The company has also released the YUI Finance platform where people can stake their coins to earn a decent interest on their investment. Key Points: The YUI Finance project continues to set benchmarks with getting listed WITHIN 24 hours at CMC, Gecko, and Blockfolio. While closed the sale highly successfully with reaching 97% of the hardcap! About YUI FINANCE YUI Finance is a blockchain-powered project that seeks to disrupt the current staking system that has perpetually denied entrepreneurs access to funding to scale their businesses. With YUI Finance, people do not need a collateral to get funding for their business. YUI Finance also has a demo platform where investors can stake their cryptos for a decent profit. The team behind YUI Finance is made up of highly intellectual individuals who have a robust knowledge of the crypto and finance industry. Media contact Company: YUI.Finance.ltd Contact: Yui Hinata Telephone: +37254665599 Telegram: https://t.me/YuiFinance Twitter: https://twitter.com/FinanceYUI Website: http://yui.finance/ SOURCE: YUI.Finance.ltd ------------------------------------------------ The article is provided by a third-party content provider. SEA PRWire makes no warranties or representations in connection therewith. Any questions, please contact SEAPRWire/at/gmail.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore & Malaysia)
TORONTO, ONTARIO , Oct 16, 2020 - (ACN Newswire) - Woori BMO Group has today commented on Blackstone Group-backed consumer-leading platform Finance of America Equity Capital LLC as they get set to go public with a valuation of $1.9 billion through a publicly traded special purpose acquisition company (SPAC) merger, the popular way to list this year."Finance of America is merging with the special-purpose acquisition company Replay Acquisition Corp. This will give the company a valuation of $1.9 billion. The company will also receive $250 million in investment from institutional investors as part of the deal," commented Christian Harper, Director of EMEA Wealth Management at Woori BMO Group.As a result of the transaction, the Pennsylvania-headquartered company's founder and CEO Bill Dallas and funds managed by Blackstone will be left with a 70% ownership stake.This year, SPACs have emerged as a popular IPO substitute for some businesses, offering a route to going public with less regulatory oversight and more clarity about the valuation that will be reached and the funds that will be raised."So far in 2020, U.S. SPACs have raised $53.8 billion through IPOs, which is more than the total raised in the last seven years," commented Director of Institutional Equity at Woori BMO Group, Andrew Williams.Finance of America has generated over $65 billion in loans through its collection of companies since 2017, according to researchers at Woori BMO Group. The company operates in four emerging markets including Commercial Real Estate, Mortgages, Reverse Mortgages and Fixed Income Investing. In recent years, Blackstone has evolved Finance of America through a series of acquisitions, including purchases of Gateway Funding, Pinnacle Capital Mortgage and Skyline Home Loans.In the third quarter, Finance of America generated over $7.4 billion, the highest of any quarter on record for the end-to-end lending and services platform. Like other mortgage lenders, the Blackstone portfolio company has highly benefited from ultra-low interest rates and a huge demand for refinancing business.About Woori BMO GroupFounded in 2007, Woori BMO Group is a full-service wealth management company providing both corporate institutions and private clients a tailored financial advisory service from its retail office in Toronto, Canada.Media ContactCompany: Woori BMO GroupContact: Mr. Shinsato Masao, Chief EconomistTelephone: +1-647-946-8880Email: shinsato.masao@wbginternational.comAddress: 25F Exchange Tower, 130 King Street West, Toronto, ON, Canada M5X 1E3Related LinksWoori BMO Group https://www.wbginternational.com/To view the source version of this press release, please visit https://www.newsfilecorp.com/release/66036 Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com