Meet movers, shakers and believers in blockchain’s potential

SINGAPORE – Singapore is establishing itself as a hub for innovation in the financial and digital asset space with a diverse range of investors, businesses and entrepreneurial talent setting up base here. The Sunday Times talks to some individuals and professionals about their roles in the fast-moving crypto industry. The crypto market has been whipsawed […]

20+ Leading Technology Organizations Orchestrated the Loudest Fintech Show in the Philippines

MANILA, Sep 20, 2022 – (ACN Newswire via – 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 […]

Annual Trintech Connect Events Bring Together Global Customers and Partners to Advance Finance Transformation Initiatives

DALLAS, TX, Sep 19, 2022 – (ACN Newswire via – Trintech, a leading global provider of integrated, cloud-based financial close solutions for the Office of Finance, kicks off Trintech Connect this fall with various regional sessions designed to address the unique needs of different audience segments. Our annual customer events empower organizations to take […]

Refreshed financial sector plan aims to create 3,000 jobs a year

SINGAPORE – Setting up a digital platform for small businesses, positioning the country as a regional hub for philanthropy, and turning stocks, bonds and real estate into digital tokens are some of the new initiatives in Singapore’s updated financial sector transformation plan. Led by the Monetary Authority of Singapore (MAS), the plan will ensure the […]

New $400 million grant to develop local workforce for financial services

SINGAPORE – Efforts to develop local talent for financial services will get a shot in the arm from a new $400 million grant, announced Deputy Prime Minister and Finance Minister Lawrence Wong. Speaking at the launch of Financial Services Industry Transformation Map (ITM) 2025, aimed at maintaining Singapore’s lead as a global financial hub, Mr […]

Prenetics Announces Second Quarter 2022 Financial Results and Raises Full Year Adjusted EBITDA Outlook

LONDON AND HONG KONG, Sep 9, 2022 – (ACN Newswire via – 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— […]

VC Holdings Announces 2022 Interim Results

HONG KONG, Aug 31, 2022 – (ACN Newswire via – 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 […]

Some China state-backed financiers cold shoulder property rescue call: Sources

HONG KONG/SHANGHAI (REUTERS) – Some of China’s state-backed financial institutions are pushing back on Beijing’s calls to support the embattled property sector due to concerns about the impact of such exposure on their balance sheets, seven people with knowledge of the matter said. Without explicit financial backstop from Beijing, senior executives at some of the […]

Noble Group fined $12.6 million for misleading financial statements after 4-year probe

SINGAPORE – Noble Group Limited (NGL) has been fined $12.6 million by the Singapore authorities, capping a nearly four-year probe into what was once Asia’s largest commodity trader before its collapse amid accusations of improper accounting and billions of dollars in losses. The joint investigations by the Monetary Authority of Singapore (MAS),  Accounting and Corporate Regulatory Authority (Acra) […]

MAS fines Noble Group $12.6m for misleading disclosures

SINGAPORE – Noble Group has been fined by Singapore authorities after a nearly four-year investigation. The company was Asia’s largest commodity trader before its collapse and restructuring amid accusations of improper accounting and billions of dollars in losses. The Monetary Authority of Singapore (MAS) imposed a civil penalty against the company of $12.6 million for publishing […]

Qenta Acquires Digital Currency Company Noble Money to Advance Financial Inclusion in Emerging Markets

The acquisition allows Qenta to increase its global footprint and leverage Noble’s existing partnerships. Noble leads national deliberations for Qenta’s G-Coin® digital gold token to be recognized as an official national currency in Palau. Houston, TX, August 17, 2022 – (SEAPRWire) – Qenta, Inc., (“Qenta”) a financial infrastructure platform with cutting-edge technology and a proprietary enterprise-grade blockchain, the […]

Trintech Announces Latest Release of CadencyDirect to Drive Greater Efficiency and Control across the Financial Close Process for ServiceNow Customers

DALLAS, TX, Aug 16, 2022 – (ACN Newswire via – Trintech, a leading provider of cloud-based financial close solutions for the Office of Finance, today announced the latest release of CadencyDirect which extends digital workflows for the Office of Finance with new bi-directional workflows for close tasks, enhanced Journal Entry management capabilities, and a […]

Fanhua to Announce Second Quarter and First Half 2022 Unaudited Financial Results and Host Conference Call on August 23, 2022

GUANGZHOU, China, Aug. 16, 2022 (GLOBE NEWSWIRE via — Fanhua Inc. (“Fanhua” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announced that it will release its unaudited financial results for the second quarter and first half 2022 after the close of the U.S. financial markets on August 23, […]

Trek 2000 founder and thumb drive inventor Henn Tan pleads guilty to falsifying accounts, cheating

SINGAPORE (THE BUSINESS TIMES) – Henn Tan, who founded the company that developed the ubiquitous thumb drive, pleaded guilty on Monday (Aug 15) to five charges of engaging in conspiracies to falsify accounts, forge documents to cover his tracks and cheat external auditors. Represented by Mr Daniel Cai and Mr Wesley Chan of Drew & […]