Fintech https://www.benzinga.com/views/taxonomy/term/144421 en Tech Sport Global launches app, gifts young children £1,000 https://www.benzinga.com/pressreleases/22/07/n27935338/tech-sport-global-launches-app-gifts-young-children-1-000 <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">GIBRALTAR</span></span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">July 1, 2022</span></span> /PRNewswire/ -- Tech Sport Global, a sports trading platform, has empowered over 100 children with sporting memories of £1,000 as cash prizes through its newly launched app in its efforts to contribute to sporting memories.</p> <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p xmlns="http://www.w3.org/1999/xhtml"> <a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/1852380/Tech_Sport_New_App.html" target="_blank" rel="nofollow" rel="nofollow"><br /> <img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/1852380/Tech_Sport_New_App.jpg" title="Tech Sport Global launches app, gifts young children £1,000" alt="Tech Sport Global launches app, gifts young children £1,000" /><br /> </a> </p> </div> <p xmlns="http://www.w3.org/1999/xhtml">This was at the recent launch of the Tech Sport App In UK. The revolutionary platform that allows people to participate in the success of their algorithm.</p> <p xmlns="http://www.w3.org/1999/xhtml">Speaking to newsmen about the occasion which was held in Preston, Mr. <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Brad Roby</span>, the director for Tech Sport Global said what they have done is to allow children sporting memories.</p> <p xmlns="http://www.w3.org/1999/xhtml">He emphasised: &#34;We want them to channel the same ...</p><p><a href=https://www.benzinga.com/pressreleases/22/07/n27935338/tech-sport-global-launches-app-gifts-young-children-1-000 alt=Tech Sport Global launches app, gifts young children £1,000>Full story available on Benzinga.com</a></p> Entertainment Fintech Mobile devices/Apps New Products/Services Press Releases General Fri, 01 Jul 2022 17:54:00 +0000 PRNewswire 27935338 at https://www.benzinga.com The 19th Ritossa Family Office Investment Summit in Monaco Celebrates "Connecting Minds & Investing for a Better Future" https://www.benzinga.com/pressreleases/22/07/n27934905/the-19th-ritossa-family-office-investment-summit-in-monaco-celebrates-connecting-minds-investing-f <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">MONACO</span></span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">July 1, 2022</span></span> /PRNewswire/ -- The 19<sup xmlns="http://www.w3.org/1999/xhtml">th</sup> Ritossa Family Office Investment Summit, held under the High Patronage of H.S.H. <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Prince Albert II</span> of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Monaco</span>, brought together dignitaries of the world&#39;s leading families this week to discuss how to invest for a better future.</p> <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p xmlns="http://www.w3.org/1999/xhtml"> <a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/1852385/Ritossa_Family_Office_1.html" target="_blank" rel="nofollow" rel="nofollow"><br /> <img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/1852385/Ritossa_Family_Office_1.jpg" title="H.R.H. Prince Michel de Yougoslavie, Monaco; Sir Anthony Ritossa, Chairman of Ritossa Family Office &amp; Host of Ritossa Global Family Office Investment Summits; Markus Lehner, Principal of the MARKUS LEHNER ORGANISATION (PRNewsfoto/Ritossa Family Office)" alt="H.R.H. Prince Michel de Yougoslavie, Monaco; Sir Anthony Ritossa, Chairman of Ritossa Family Office &amp; Host of Ritossa Global Family Office Investment Summits; Markus Lehner, Principal of the MARKUS LEHNER ORGANISATION (PRNewsfoto/Ritossa Family Office)" /><br /> </a> </p> </div> <p xmlns="http://www.w3.org/1999/xhtml">Global leaders, entrepreneurs, prestigious family offices, private investors, Sheikhs, royal families, and leading businesses from 55+ countries representing more than <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$4.5 trillion</span> convened with a powerful sense of purpose. The closed-door event&#39;s theme &#34;Connecting Minds &amp; Investing for a Better Future&#34; featured discussion and debate regarding how to make our world a better place. Previous Summits have raised <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$2</span>.8US billion in investments for leading global start-ups, entrepreneurs, funds, and philanthropic endeavors and early indications are that the <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Monaco</span> event will be a similar great success.</p> <p xmlns="http://www.w3.org/1999/xhtml">&#34;Global family offices are committed to investing for the greater good of mankind and believe that those who wield economic power must do everything within their power to serve as a pioneering global forum for action. I&#39;m incredibly grateful that the Summit was held under the High Patronage of H.S.H. <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Prince Albert II</span> of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Monaco</span> and deeply appreciate H.R.H. Prince <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.linkedin.com/in/ACoAAALAEwIBPbPE_liBdSHzP9Ilpn35vrLJkwQ" target="_blank" rel="nofollow" rel="nofollow">Michel de Yougoslavie</a>, H.R.H. Prince <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">AbdulAziz Bin Faisal AlSaud</span>, and our Summit Chairman - <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.linkedin.com/in/ACoAAAL4XuIBArDqeebDIwQghL9ljducg11LnEk" target="_blank" rel="nofollow" rel="nofollow"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Markus Lehner</span></a>, as well as every member of our &#34;family of family offices,&#34; and all the entrepreneurs who attended and contributed thought leadership insights,&#34; said Sir <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Anthony Ritossa</span>, Chairman of Ritossa Family Office &amp; Host of Ritossa Global Family Office Investment Summits, UAE.</p> <p xmlns="http://www.w3.org/1999/xhtml">&#34;It is an honour and a pleasure to be the 19th Ritossa Family Office Investment Summit Grand Ambassador in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Monaco</span>. I have taken part in many events in the past years and have always been amazed at the quality of the participants and at the wealth of information that was circulated,&#34; said H.R.H. Prince Michel de Yougoslavie, Grandson of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">King Umberto</span> of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Italy</span> and <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Prince Paul</span> of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Yugoslavia</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Monaco</span>.</p> <p xmlns="http://www.w3.org/1999/xhtml">&#34;Recent times have changed everyone&#39;s life faster than ever before because our world has changed from one moment to another. Sir Anthony is guiding his family office conferences best through these times, and that&#39;s why they are the world&#39;s No 1. summits in all aspects. Therefore, I was even ...</p><p><a href=https://www.benzinga.com/pressreleases/22/07/n27934905/the-19th-ritossa-family-office-investment-summit-in-monaco-celebrates-connecting-minds-investing-f alt=The 19th Ritossa Family Office Investment Summit in Monaco Celebrates &quot;Connecting Minds &amp; Investing for a Better Future&quot;>Full story available on Benzinga.com</a></p> analysis Banking/Financial Services Economic news environmental issues Fintech Socially responsible investing trade shows trends Press Releases Fri, 01 Jul 2022 17:20:00 +0000 PRNewswire 27934905 at https://www.benzinga.com Hxro Network Launches Derivatives Alpha on Solana Mainnet https://www.benzinga.com/pressreleases/22/07/n27934012/hxro-network-launches-derivatives-alpha-on-solana-mainnet <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">CHICAGO</span></span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">July 1, 2022</span></span> /PRNewswire/ -- Hxro Network (&#34;Hxro&#34;), a fully composable, on-chain derivatives primitive that provides core exchange, risk and settlement infrastructure<b xmlns="http://www.w3.org/1999/xhtml">, </b>today announced it has launched the alpha version of its derivatives marketplace onto the Solana mainnet.</p> <p xmlns="http://www.w3.org/1999/xhtml">Hxro Network provides key primitive layer infrastructure for the exchange, risk, margin and settlement of derivatives including perps, futures and options.  It is built on the Solana blockchain.  The network boasts a marquee list of partners, many of whom have been key builders and active participants including principal trading firms SIG DT (a Susquehanna International Group Company), Jump Crypto, Alameda Research, Chicago Trading Company, and Pattern Research as well as venture participation from Blockchain Capital, Solana Ventures, Coinbase Ventures, Commonwealth Asset Management, CoinFund, Genesis, LedgerPrime, Mantis and Magnus Capital. Notable macro hedge fund managers <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Alan Howard</span> and <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Louis Bacon</span> are also part of the network&#39;s ecosystem.</p> <p xmlns="http://www.w3.org/1999/xhtml">At launch, the alpha sandbox will feature a BTC/USDC perpetual future and 8 consecutive ...</p><p><a href=https://www.benzinga.com/pressreleases/22/07/n27934012/hxro-network-launches-derivatives-alpha-on-solana-mainnet alt=Hxro Network Launches Derivatives Alpha on Solana Mainnet>Full story available on Benzinga.com</a></p> Fintech New Products/Services Press Releases Fri, 01 Jul 2022 16:05:00 +0000 PRNewswire 27934012 at https://www.benzinga.com 'Volatility Creates Opportunity': Alviere Taps Wes Schmidt For Its Global Expansion https://www.benzinga.com/fintech/22/06/27926435/volatility-creates-opportunity-alviere-taps-wes-schmidt-for-its-global-expansion <p><strong>Benzinga</strong>, a media and data provider bridging the gap between retail and institutional investors, is bringing back its annual <a href="https://www.benzinga.com/events/fintech-awards/"><strong>Global Fintech Awards</strong></a> to New York City on Dec. 8, 2022.</p> <p>Ahead of this recognition of disruptive innovators in finance and technology, Benzinga will periodically publish articles on those brands it thinks are making a measurable impact.</p> <p>Today&rsquo;s conversation is with <strong>Alviere</strong>&rsquo;s newest Chief Revenue Officer <strong>Wes Schmidt</strong>, as well as co-founder and CEO <strong>Yuval Brisker</strong>.</p> <p><em>The following text was edited for clarity and concision.</em></p> <p><strong>Q: Wes and Yuval, nice to speak with you. Tell me a little bit about yourselves.</strong></p> <p><strong>Wes Schmidt:</strong> I&rsquo;ve been in fintech for 23 years, focused on trading systems and data.</p> <p>I went through a bunch of recent acquisitions and mergers activities we had and there was an opportunity for me to help for Refinitiv. That was a highlight for me.</p> <p>After a certain time, we were purchased and it created a different environment. I found it a great opportunity for me to continue what I actually loved doing, which was building.</p> <p><strong>Yuval Brisker: </strong>I&rsquo;m the co-founder and CEO of Alviere.</p> <p>We&rsquo;re a fintech platform covering everything that&rsquo;s relating to embedding financial services into other people&rsquo;s businesses.</p> <p>Our primary focus is ...</p><p><a href=https://www.benzinga.com/fintech/22/06/27926435/volatility-creates-opportunity-alviere-taps-wes-schmidt-for-its-global-expansion alt=&#039;Volatility Creates Opportunity&#039;: Alviere Taps Wes Schmidt For Its Global Expansion>Full story available on Benzinga.com</a></p> Alviere Fintech Global Fintech Awards Global Fintech Awards 2022 Wes Schmidt Yuval Brisker Interview Fintech Interview Benzinga Fri, 01 Jul 2022 15:44:33 +0000 Renato Capelj 27926435 at https://www.benzinga.com Wolters Kluwer CCH® Tagetik Named as an Overall Leader in Customer Experience and Vendor Credibility models in Dresner's 2022 Wisdom of Crowds® EPM Market Study https://www.benzinga.com/pressreleases/22/07/n27931950/wolters-kluwer-cch-tagetik-named-as-an-overall-leader-in-customer-experience-and-vendor-credibilit <p xmlns="http://www.w3.org/1999/xhtml" class="prntac"><i xmlns="http://www.w3.org/1999/xhtml">CCH Tagetik receives perfect customer scores for &#34;Recommend&#34; and &#34;Best in Class&#34; for product scalability and third-party integration </i></p> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">NEW YORK</span></span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">July 1, 2022</span></span> /PRNewswire/ -- <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.wolterskluwer.com/en" target="_blank" rel="nofollow" rel="nofollow"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Wolters Kluwer</span></a>, a global leader in professional information, software solutions and services, has been named an Overall Leader in the Customer Experience Model and Vendor Credibility Model for its <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.wolterskluwer.com/en/solutions/cch-tagetik" target="_blank" rel="nofollow" rel="nofollow">CCH&#xAE; Tagetik</a> expert solution in the 2022 Wisdom of Crowds&#xAE; EPM Market Study produced by Dresner Advisory Services, for the second year in a row. <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Wolters Kluwer</span> also achieved a perfect score for &#34;Recommend&#34; and &#34;Best in Class&#34; for product scalability and integration with third parties.</p> <div xmlns="http://www.w3.org/1999/xhtml" id="prni_dvprnejpg07b2left" dir="ltr" style="width: 100%; text-align: left;"><img xmlns="http://www.w3.org/1999/xhtml" id="prnejpg07b2left" title="Wolters Kluwer Logo" src="https://mma.prnewswire.com/media/466664/Wolters_Kluwer_Logo.jpg" alt="Wolters Kluwer Logo" align="middle" /></div> <p xmlns="http://www.w3.org/1999/xhtml">Wisdom of Crowds&#xAE; is an annual objective source of industry research, which uses a complete 33-criteria vendor performance measurement system to compare current vendor performance in planning and related technology and services. This year&#39;s report on data collection took place globally in Q1 and Q2 2021 across various regions, functions, organizational sizes, and industries.</p> <p xmlns="http://www.w3.org/1999/xhtml">&#34;<span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Wolters Kluwer</span> once again scored ...</p><p><a href=https://www.benzinga.com/pressreleases/22/07/n27931950/wolters-kluwer-cch-tagetik-named-as-an-overall-leader-in-customer-experience-and-vendor-credibilit alt=Wolters Kluwer CCH® Tagetik Named as an Overall Leader in Customer Experience and Vendor Credibility models in Dresner&#039;s 2022 Wisdom of Crowds® EPM Market Study>Full story available on Benzinga.com</a></p> Awards Banking/Financial Services Fintech WTKWY Press Releases Fri, 01 Jul 2022 14:00:00 +0000 PRNewswire 27931950 at https://www.benzinga.com Repurchase program of Loomis' shares https://www.benzinga.com/pressreleases/22/07/n27931720/repurchase-program-of-loomis-shares <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">SOLNA, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Sweden</span></span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">July 1, 2022</span></span> /PRNewswire/ -- Loomis AB has through the repurchase program that was resolved and communicated on <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">May 5, 2022</span>, and ended on <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">June 22, 2022</span>, repurchased 824,000 own shares. The company&#39;s holding of own shares thereby amounts to 2,257,782 shares, as of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">June 30, 2022</span>. The total amount of shares in the company, including the company&#39;s own shares, amount to 75,279,829.</p> <p xmlns="http://www.w3.org/1999/xhtml">This ...</p><p><a href=https://www.benzinga.com/pressreleases/22/07/n27931720/repurchase-program-of-loomis-shares alt=Repurchase program of Loomis&#039; shares>Full story available on Benzinga.com</a></p> Accounting news Banking/Financial Services Fintech issues LOIMY Press Releases Fri, 01 Jul 2022 13:41:00 +0000 PRNewswire 27931720 at https://www.benzinga.com Asset-Backed Token Raise to Support the Build of Algae Biomass Protein Farms https://www.benzinga.com/pressreleases/22/07/n27931269/asset-backed-token-raise-to-support-the-build-of-algae-biomass-protein-farms <ul xmlns="http://www.w3.org/1999/xhtml" type="disc"> <li xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">SIT is the world&#39;s first blockchain-based algae biomass project offering. The project will be built utilising patented sustainable technology to deliver a pioneering green investment opportunity. </i></li> <li xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Carbon credits generated by biomass projects will be tokenized as Algaecoin. </i></li> </ul> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">LONDON</span></span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">July 1, 2022</span></span> /PRNewswire/ -- <b xmlns="http://www.w3.org/1999/xhtml">The world&#39;s first blockchain-based algae biomass project, built on the energy-efficient <u xmlns="http://www.w3.org/1999/xhtml"><a xmlns="http://www.w3.org/1999/xhtml" href="https://tezos.com/" target="_blank" rel="nofollow" rel="nofollow">Tezos</a></u> blockchain, was announced today by leading capital markets technology firm, Globacap. </b>Developed and operated by <u xmlns="http://www.w3.org/1999/xhtml"><a xmlns="http://www.w3.org/1999/xhtml" href="https://sustainableimpacttokens.com/" target="_blank" rel="nofollow" rel="nofollow">Sustainable Impact Token (SIT)</a></u>, the project will support the development, construction, and operation of algae biomass farms. The initiative will use blockchain technology to bridge the gap between two of the fastest growing investor markets in the world – asset-backed finance and crypto.</p> <p xmlns="http://www.w3.org/1999/xhtml">SIT&#39;s algae biomass farms produce high quality, non-animal protein, based on a system powered exclusively using renewable energy. These algae farms are absorbing large amounts of carbon out of the atmosphere and a net producer of renewable energy. The SIT project is currently supporting the development of a &#34;proof of concept&#34; algae biomass farm in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Europe</span> using patented, sustainable technology. </p> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Myles Milston</span>, CEO of Globacap says, &#34;Being part of this pioneering project marks an important milestone in our ongoing mission to enable frictionless asset creation and transferability. With Globacap, the capital raising process is completely digital, mostly automated, transparent, secure, and compliant. Our work with SIT and Tezos is transformational in the way this market can operate.&#34;</p> <p xmlns="http://www.w3.org/1999/xhtml">The <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$5 billion</span> algae biomass sector is estimated to grow at a CAGR of 6.3% during the next 5 years (<u xmlns="http://www.w3.org/1999/xhtml"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.globenewswire.com/en/news-release/2022/01/24/2371558/0/en/Global-Biomass-Market-is-Expected-to-Grow-at-a-CAGR-of-6-3-from-2021-to-2030-Quince-Market-Insights.html" target="_blank" rel="nofollow" rel="nofollow">Quince Market Insights</a></u>) and the success of the project will provide the basis to expand globally. SIT provides investors with tokens issued via smart contracts deployed on the proof-of-stake Tezos ...</p><p><a href=https://www.benzinga.com/pressreleases/22/07/n27931269/asset-backed-token-raise-to-support-the-build-of-algae-biomass-protein-farms alt=Asset-Backed Token Raise to Support the Build of Algae Biomass Protein Farms>Full story available on Benzinga.com</a></p> Banking/Financial Services Fintech New Products/Services Press Releases Fri, 01 Jul 2022 13:12:00 +0000 PRNewswire 27931269 at https://www.benzinga.com WAIFC, DIFC, and Z/Yen Spearhead Global Thinking on the Future Role of Financial Centers https://www.benzinga.com/pressreleases/22/07/n27930616/waifc-difc-and-zyen-spearhead-global-thinking-on-the-future-role-of-financial-centers <ul xmlns="http://www.w3.org/1999/xhtml" type="disc"> <li xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">WAIFC produced a whitepaper in partnership with the Dubai International Financial Centre and the Z/Yen Group.</i></li> <li xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Financial centers – and the organizations that represent them – are spearheading efforts to strengthen their jurisdictions&#39; financial markets, business environments, and innovation ecosystems to enable sustainable global growth.</i></li> <li xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">In 2030, financial centers will be green, smart, innovative, customer-focused, digital, and inclusive</i></b><i xmlns="http://www.w3.org/1999/xhtml">, and will play a critical role in attracting and retaining the best talent.</i></li> <li xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Continuous collaboration and sharing of knowledge will be key to supporting growth across all sectors in the future.</i></li> </ul> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">BRUSSELS</span></span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">July 1, 2022</span></span> /PRNewswire/ -- The <a xmlns="http://www.w3.org/1999/xhtml" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3583408-1&amp;h=896227743&amp;u=https%3A%2F%2Fwaifc.finance%2Fabout%2F&amp;a=World+Alliance+of+International+Financial+Centers" target="_blank" rel="nofollow" rel="nofollow">World Alliance of International Financial Centers</a> (WAIFC), in collaboration with the <a xmlns="http://www.w3.org/1999/xhtml" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3583408-1&amp;h=2550371184&amp;u=https%3A%2F%2Fwww.difc.ae%2F&amp;a=Dubai+International+Financial+Centre" target="_blank" rel="nofollow" rel="nofollow">Dubai International Financial Centre</a> (DIFC) and the <a xmlns="http://www.w3.org/1999/xhtml" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3583408-1&amp;h=321882122&amp;u=https%3A%2F%2Fwww.zyen.com%2F&amp;a=Z%2FYen+Group" target="_blank" rel="nofollow" rel="nofollow">Z/Yen Group</a>, today released a <b xmlns="http://www.w3.org/1999/xhtml"><a xmlns="http://www.w3.org/1999/xhtml" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3583408-1&amp;h=3641568360&amp;u=https%3A%2F%2Fdownloads.waifc.finance%2Fpublications%2Ffuture-of-financial-centers-whitepaper.pdf&amp;a=white+paper" target="_blank" rel="nofollow" rel="nofollow">white paper</a></b> focusing on how financial centers around the world are responding to the challenges facing society today and a shared vision for 2030.</p> <p xmlns="http://www.w3.org/1999/xhtml">Titled, &#39;<a xmlns="http://www.w3.org/1999/xhtml" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3583408-1&amp;h=2949192407&amp;u=https%3A%2F%2Fdownloads.waifc.finance%2Fpublications%2Ffuture-of-financial-centers-whitepaper.pdf&amp;a=The+Future+of+Financial+Centers" target="_blank" rel="nofollow" rel="nofollow">The Future of Financial Centers</a>,&#39; the <a xmlns="http://www.w3.org/1999/xhtml" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3583408-1&amp;h=3641568360&amp;u=https%3A%2F%2Fdownloads.waifc.finance%2Fpublications%2Ffuture-of-financial-centers-whitepaper.pdf&amp;a=white+paper" target="_blank" rel="nofollow" rel="nofollow">white paper</a> was developed following the <a xmlns="http://www.w3.org/1999/xhtml" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3583408-1&amp;h=328555589&amp;u=https%3A%2F%2Fwaifc.finance%2Fnews%2Fannual-general-meeting-2021%2F&amp;a=Annual+General+Meeting+of+the+WAIFC" target="_blank" rel="nofollow" rel="nofollow">Annual General Meeting of the WAIFC</a>, where a number of CEO-level representatives from financial centers worldwide gathered in DIFC to share insights on policy design and regulatory interventions to enable sustainable growth, the Fourth Industrial Revolution (4IR) and human capital development.</p> <p ...<p><a href=https://www.benzinga.com/pressreleases/22/07/n27930616/waifc-difc-and-zyen-spearhead-global-thinking-on-the-future-role-of-financial-centers alt=WAIFC, DIFC, and Z/Yen Spearhead Global Thinking on the Future Role of Financial Centers>Full story available on Benzinga.com</a></p> analysis Banking/Financial Services Economic news Fintech Polls & Research Surveys trends Insurance Press Releases Fri, 01 Jul 2022 12:31:00 +0000 PRNewswire 27930616 at https://www.benzinga.com Indonesia Embedded Finance Market Report 2022: 50+ KPIs on Embedded Lending, Insurance, Payment and Wealth Segments https://www.benzinga.com/pressreleases/22/07/n27930434/indonesia-embedded-finance-market-report-2022-50-kpis-on-embedded-lending-insurance-payment-and-we <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">DUBLIN</span></span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">July 1, 2022</span></span> /PRNewswire/ -- The <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.researchandmarkets.com/reports/5547707/indonesia-embedded-finance-business-and?utm_source=CI&amp;utm_medium=PressRelease&amp;utm_code=wz82qd&amp;utm_campaign=1720954+-+Indonesia+Embedded+Finance+Market+Report+2022%3a+50%2b+KPIs+on+Embedded+Lending%2c+Insurance%2c+Payment+and+Wealth+Segments&amp;utm_exec=cari18prd" target="_blank" rel="nofollow" rel="nofollow">&#34;Indonesia Embedded Finance Business and Investment Opportunities Databook Q1 2022 Update&#34;</a> report has been added to <b xmlns="http://www.w3.org/1999/xhtml">ResearchAndMarkets.com&#39;s</b> offering.</p> <div xmlns="http://www.w3.org/1999/xhtml" id="prni_dvprnejpgb36eleft" dir="ltr" style="width: 100%; text-align: left;"><img xmlns="http://www.w3.org/1999/xhtml" id="prnejpgb36eleft" title="Research and Markets Logo" src="https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg" alt="Research and Markets Logo" align="middle" /></div> <p xmlns="http://www.w3.org/1999/xhtml">The Indonesian embedded insurance industry posted significant growth over the last few quarters, and is expected to record strong growth over the next four to eight quarters. The market growth is expected to be driven primarily by product innovation and rising partnerships.</p> <ul xmlns="http://www.w3.org/1999/xhtml" type="disc"> <li xmlns="http://www.w3.org/1999/xhtml">The Indonesian Embedded Finance industry is expected to grow by 44.6% on annual basis to reach <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">US$1,821.1 million</span> in 2022.</li> <li xmlns="http://www.w3.org/1999/xhtml">The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 28.8% during 2022-2029.</li> <li xmlns="http://www.w3.org/1999/xhtml">The embedded finance revenues in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Indonesia</span> will increase from <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">US$1,821.1 million</span> in 2022 to reach <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">US$7,402.1 million</span> by 2029.</li> </ul> <p xmlns="http://www.w3.org/1999/xhtml">Additionally, amid the growing demand for insurance services in the country, insurtech start-ups are raising funds to enhance their services and platform to meet the increasing demand. For instance, in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">September 2020</span>, insurtech start-up PasarPolis announced that the firm had raised <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">US$54 million</span> in its Series B funding round from investors, including LeapFrog and SBI Investments. Notably, the firm is planning to use the funding round to enhance and further develop its AI-based claims automation platform, allowing it to customize insurance products for different industries.</p> <p xmlns="http://www.w3.org/1999/xhtml">In <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Indonesia</span>, insurtech firms are entering into strategic partnerships with e-commerce platforms to expand their reach. For instance, Qoala, the insurtech firm that offers micro-insurance policies, has entered into strategic alliances with various online-only platforms such as Shopee, Tokopedia, JD.ID, and Grabkios. In addition to these e-commerce platforms, the firm has also entered into strategic partnerships with ...</p><p><a href=https://www.benzinga.com/pressreleases/22/07/n27930434/indonesia-embedded-finance-market-report-2022-50-kpis-on-embedded-lending-insurance-payment-and-we alt=Indonesia Embedded Finance Market Report 2022: 50+ KPIs on Embedded Lending, Insurance, Payment and Wealth Segments>Full story available on Benzinga.com</a></p> Banking/Financial Services Fintech Publishing/Information Services Press Releases Fri, 01 Jul 2022 12:15:00 +0000 PRNewswire 27930434 at https://www.benzinga.com SIMBA Chain Bridges The Web2, Web3 Worlds, Launches NFT Marketplace That Accepts Fiat Payments https://www.benzinga.com/fintech/22/06/27922086/simba-chain-bridges-the-web2-and-web3-worlds-launches-new-nft-marketplace-that-accepts-fiat-payments <p><strong><em>The enterprise/government protocol has launched its native NFT marketplace, which offers NFTs for fiat purchase for those taking baby steps toward Web3.&nbsp;</em></strong></p> <p>Since 2020, there has been no small number of new NFT marketplaces opening their doors and trying to participate in the frenzy of NFT purchasing.&nbsp;</p> <p><strong>SIMBA&nbsp;</strong>(CRYPTO: SST) Chain is perhaps the only one we have spoken to that quite so consciously courts Web2 participation.&nbsp;</p> <p>One thing that the crypto space does well is raising money, so it&#39;s natural to want to court the larger mainstream audience outside of blockchain, but with a few exceptions like&nbsp;<a class="editor-rtfLink" href="https://twitter.com/cosmicchamps" style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; margin-top: 0pt; margin-bottom: 0pt; color: rgb(74, 110, 224);" target="_blank">CosmicChamps</a>, an upcoming P2E multi-player game that does not require a crypto wallet, most Web3 projects are as exclusionary as they are innovative.</p> <p>The new SIMBA Market is offering NFTs for purchase without the need for a wallet &mdash;&nbsp;at least not until the NFT has to be stored.&nbsp;</p> <p>SIMBA Chain launched SIMBA Market about a week ago, promising the opportunity for &quot;curated brands&hellip; to showcase their NFTs in their own digital space.&quot;&nbsp;</p> <p>SIMBA Market is signifying its launch with NFT two drops, including the International Hockey Federation (FIH) and the FIH Women&#39;s World Cup. Both collections offer certain benefits for buyers, such as physical merch, exclusive event access&nbsp;and product discounts.</p> <p>SIMBA Market is built on&nbsp;<strong>Polygon&nbsp;</strong>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/matic/usd">MATIC</a>) to control minting and transaction fees with the Polygon-<strong>Ethereum</strong>&nbsp;(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) bridge.</p> <p><img alt="1527002745421.jpg" src="https://cdn.benzinga.com/files/u248764/1527002745421.jpg" style="height:500px; width:500px" /></p> <p>We spoke with SIMBA Chain CEO&nbsp;<a href="https://twitter.com/SIMBAchain"><strong>Bryan Ritchie</strong></a>&nbsp;to learn more about the newly launched marketplace, its&nbsp;work with the U.S. government&nbsp;and a&nbsp;greater plan to bring Web2 enterprises into the world of Web3.&nbsp;</p> <h2><strong>BZ: So how would you describe what SIMBA provides for investors and customers?</strong></h2> <p>Ritchie: &quot;It&#39;s a platform you can use to develop applications for any blockchain. It&#39;s a development environment that allows programmers to build whatever they want, whether DeFi, NFT marketplaces, supply chain, inventory management, asset management&nbsp;and title management. Those and many other kinds of applications are built on the SIMBA platform.&quot;</p> <p><strong>Is it meant to help traditional coders work in the blockchain space, or is this a low-code tool?</strong></p> <p>&quot;Both. People who know how to make the standard calls in a Web2 environment would be very comfortable inside of SIMBA. There is a set of APIs that handles the complexities of the blockchain so that you can build those applications very quickly and easily. And we do have a low code interface, a graphical user interface that allows this to be simple, easy, and quick to do. But you can also get as complicated as you want, but in a way that you don&#39;t have to know the Solidity code, you don&#39;t have to know the back end. You don&#39;t have to program for any specific blockchain.&quot;</p> <p><strong>Tell me about SIMBA Chain&#39;s connection with the U.S. government regarding funding and the work you&#39;ve done.</strong></p> <p>&quot;SIMBA was started with grants from the U.S. government and has done work for the government, including supply chain inventory management, health care, data management&nbsp;and asset tracking and management, but also for large enterprises. We&#39;ve done work for large aerospace companies that have been tracking their ...</p><p><a href=https://www.benzinga.com/fintech/22/06/27922086/simba-chain-bridges-the-web2-and-web3-worlds-launches-new-nft-marketplace-that-accepts-fiat-payments alt=SIMBA Chain Bridges The Web2, Web3 Worlds, Launches NFT Marketplace That Accepts Fiat Payments>Full story available on Benzinga.com</a></p> $ETH $MATIC Bryan Ritchie Fintech Simba SST Web2 Exclusives Tech Interview SST $ETH $MATIC Fintech Exclusives Tech Interview Benzinga Fri, 01 Jul 2022 12:12:38 +0000 Justin Roberti 27922086 at https://www.benzinga.com Mollie and Xentral join forces to smoothen E-commerce payments and ERP processes https://www.benzinga.com/pressreleases/22/07/n27930255/mollie-and-xentral-join-forces-to-smoothen-e-commerce-payments-and-erp-processes <p xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Mollie and Xentral now offer an integrated solution. The combined tech stack of ERP and PSP is a significant growth driver for e-commerce companies.</i></p> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">AMSTERDAM</span> and AUGSBURG, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Germany</span></span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">July 1, 2022</span></span> /PRNewswire/ -- Mollie, one of the fastest growing payment service providers in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Europe</span>, and Xentral, the German thought leader in lean ERP systems, are launching their collaboration with immediate effect. In the process, scale-up Xentral will integrate Mollie&#39;s comprehensive payment services into its multichannel ERP platform. The partnership between the two e-commerce tech leaders creates a solution for SMEs that makes both the payment and order management process easier and smoother, significantly supporting the growth of numerous e-commerce businesses. The new service is available immediately to all current and future customers of Mollie and Xentral.</p> <p xmlns="http://www.w3.org/1999/xhtml">Cross reference: Picture is available at AP Images (<a xmlns="http://www.w3.org/1999/xhtml" href="http://www.apimages.com" target="_blank" rel="nofollow" rel="nofollow">http://www.apimages.com</a>)</p> <p xmlns="http://www.w3.org/1999/xhtml">&#34;Automated processes between e-commerce platforms, warehouses and accounting systems have long been standard. That&#39;s why it&#39;s important to use a payment service provider ...</p><p><a href=https://www.benzinga.com/pressreleases/22/07/n27930255/mollie-and-xentral-join-forces-to-smoothen-e-commerce-payments-and-erp-processes alt=Mollie and Xentral join forces to smoothen E-commerce payments and ERP processes>Full story available on Benzinga.com</a></p> Banking/Financial Services Fintech Joint Ventures New Products/Services Small Business Services Press Releases Fri, 01 Jul 2022 12:03:00 +0000 PRNewswire 27930255 at https://www.benzinga.com GoCardless to acquire open banking platform Nordigen, combining broad open banking connectivity with bank payment expertise https://www.benzinga.com/pressreleases/22/07/n27927923/gocardless-to-acquire-open-banking-platform-nordigen-combining-broad-open-banking-connectivity-wit <p xmlns="http://www.w3.org/1999/xhtml" class="prntac"><i xmlns="http://www.w3.org/1999/xhtml">GoCardless to offer free access to open banking data </i></p> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">LONDON</span> and <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">RIGA</span>, Latvia </span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">July 1, 2022</span></span> /CNW/ -- <u xmlns="http://www.w3.org/1999/xhtml"><a xmlns="http://www.w3.org/1999/xhtml" href="https://gocardless.com/" target="_blank" rel="nofollow" rel="nofollow">GoCardless</a></u>, the global leader in direct bank payments, has announced its plans to acquire Nordigen, the freemium open banking data provider, as it builds on its vision to become the world&#39;s bank payment network. GoCardless will incorporate Nordigen&#39;s next-generation open banking connectivity -- offering the widest coverage in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Europe</span>, connecting to more than 2,300 banks in 31 countries -- into its account-to-account network.</p> <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p xmlns="http://www.w3.org/1999/xhtml"> <a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/1852049/GoCardless_to_acquire_Nordigen.html" target="_blank" rel="nofollow" rel="nofollow"><br /> <img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/1852049/GoCardless_to_acquire_Nordigen.jpg" title="GoCardless to acquire Nordigen" alt="GoCardless to acquire Nordigen" /><br /> </a> </p> </div> <p xmlns="http://www.w3.org/1999/xhtml">The acquisition means the fintech will now provide free open banking connectivity at scale, opening up self-serve access to account information services (AIS) to everyone. In addition, its suite of premium data products help improve outcomes across a range of use cases from credit assessments to customer engagement.</p> <p xmlns="http://www.w3.org/1999/xhtml">The announcement is the latest move from GoCardless as it accelerates its open banking strategy. Over the past 18 months it has launched its open banking-enabled Instant Bank Pay feature ...</p><p><a href=https://www.benzinga.com/pressreleases/22/07/n27927923/gocardless-to-acquire-open-banking-platform-nordigen-combining-broad-open-banking-connectivity-wit alt=GoCardless to acquire open banking platform Nordigen, combining broad open banking connectivity with bank payment expertise>Full story available on Benzinga.com</a></p> Acquisitions Banking/Financial Services Fintech Mergers takeovers Press Releases Fri, 01 Jul 2022 07:00:00 +0000 PRNewswire 27927923 at https://www.benzinga.com GoCardless to acquire open banking platform Nordigen, combining broad open banking connectivity with bank payment expertise https://www.benzinga.com/pressreleases/22/07/n27927922/gocardless-to-acquire-open-banking-platform-nordigen-combining-broad-open-banking-connectivity-wit <p xmlns="http://www.w3.org/1999/xhtml" class="prntac"><i xmlns="http://www.w3.org/1999/xhtml">GoCardless to offer free access to open banking data </i></p> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">LONDON</span> and <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">RIGA</span>, Latvia </span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">July 1, 2022</span></span> /PRNewswire/ -- <u xmlns="http://www.w3.org/1999/xhtml"><a xmlns="http://www.w3.org/1999/xhtml" href="https://gocardless.com/" target="_blank" rel="nofollow" rel="nofollow">GoCardless</a></u>, the global leader in direct bank payments, has announced its plans to acquire Nordigen, the freemium open banking data provider, as it builds on its vision to become the world&#39;s bank payment network. GoCardless will incorporate Nordigen&#39;s next-generation open banking connectivity -- offering the widest coverage in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Europe</span>, connecting to more than 2,300 banks in 31 countries -- into its account-to-account network.</p> <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p xmlns="http://www.w3.org/1999/xhtml"> <a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/1852049/GoCardless_to_acquire_Nordigen.html" target="_blank" rel="nofollow" rel="nofollow"><br /> <img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/1852049/GoCardless_to_acquire_Nordigen.jpg" title="GoCardless to acquire Nordigen" alt="GoCardless to acquire Nordigen" /><br /> </a> </p> </div> <p xmlns="http://www.w3.org/1999/xhtml">The acquisition means the fintech will now provide free open banking connectivity at scale, opening up self-serve access to account information services (AIS) to everyone. In addition, its suite of premium data products help improve outcomes across a range of use cases from credit assessments to customer engagement.</p> <p xmlns="http://www.w3.org/1999/xhtml">The announcement is the latest move from GoCardless as it accelerates its open banking strategy. Over the past 18 months it ...</p><p><a href=https://www.benzinga.com/pressreleases/22/07/n27927922/gocardless-to-acquire-open-banking-platform-nordigen-combining-broad-open-banking-connectivity-wit alt=GoCardless to acquire open banking platform Nordigen, combining broad open banking connectivity with bank payment expertise>Full story available on Benzinga.com</a></p> Acquisitions Banking/Financial Services Fintech Mergers takeovers Press Releases Fri, 01 Jul 2022 07:00:00 +0000 PRNewswire 27927922 at https://www.benzinga.com Petale Group introduces the members of its Strategic Council composed of eminent economists and business leaders https://www.benzinga.com/pressreleases/22/07/n27927858/petale-group-introduces-the-members-of-its-strategic-council-composed-of-eminent-economists-and-bu <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">PARIS</span></span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">July 1, 2022</span></span> /PRNewswire/ -- <b xmlns="http://www.w3.org/1999/xhtml">European fintech Petale</b>, which operates innovative financial services from its digital infrastructure and democratises access to new forms of property and wealth management, is strengthening its governance with the formation of a prestigious strategic board.</p> <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p xmlns="http://www.w3.org/1999/xhtml" title=""><iframe xmlns="http://www.w3.org/1999/xhtml" id="PlayMedia_1849207" src="https://mma.prnewswire.com/playmedia/1849207/Christian_de_Boissieu.html" width="560" height="325" frameborder="0" scrolling="no"> </iframe></p> </div> <p xmlns="http://www.w3.org/1999/xhtml">This non-executive management body advises the group in its strategy to align synergies between traditional finance and decentralised finance using new technologies. It is composed of:</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Pr. Christian de Boissieu</b>, Professor Emeritus of Economics at the University of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Paris</span> 1 Panthéon-Sorbonne, vice-president of the Circle of Economists, former president of the Economic Analysis Council to the Prime Minister and regulator at the French Financial Markets Authority and former adviser of the World Bank and the European Commission. He provides, among other things, an insight into tokenomics, currency models, financing models, as well as compliance aspects.</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Dr <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Pascal Lorot</span></b>, Doctor of Economics, founding president of the Choiseul Institute and inventor of the concept of Geo-economics, brings his strategic, diplomatic and geopolitical expertise. His brilliant track record in both the institutional and private sectors, his unique network of young international economic decision-makers and his laureates from the Choiseul Institute rewarded for their innovation and influence, are all major assets to accelerate Petale&#39;s international expansion.</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Angélique Gérard</b>, a graduate of INSEAD, is a special advisor to <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Xavier Niel</span>, Chairman of the ILIAD Group, where she was Director of Free Subscriber Relations for 22 years and Chairperson of 8 subsidiaries, and a member of the Executive Committee of Iliad, of which she is a founding director. She was noticed by the Choiseul Institute, which awarded her first place in the &#34;100 leaders of the ...</p><p><a href=https://www.benzinga.com/pressreleases/22/07/n27927858/petale-group-introduces-the-members-of-its-strategic-council-composed-of-eminent-economists-and-bu alt=Petale Group introduces the members of its Strategic Council composed of eminent economists and business leaders>Full story available on Benzinga.com</a></p> Accounting news Banking/Financial Services Fintech issues Press Releases Fri, 01 Jul 2022 06:30:00 +0000 PRNewswire 27927858 at https://www.benzinga.com Futu SG Strengthens Its Leading Position as The First Digital Brokerage to Receive Full SGX Memberships https://www.benzinga.com/pressreleases/22/07/n27927855/futu-sg-strengthens-its-leading-position-as-the-first-digital-brokerage-to-receive-full-sgx-member <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">PALO ALTO, Calif.</span></span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">July 1, 2022</span></span> /PRNewswire/ -- Futu Singapore Pte. Ltd. (&#34;Futu SG&#34; or &#34;Futu Singapore&#34;), a subsidiary of Nasdaq-listed Futu Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ" rel="nofollow">FUTU</a>) offering securities trading services via moomoo app in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Singapore</span>, had the gong-strike ceremony today to mark it becoming the first digital brokerage with full Singapore Exchange memberships.</p> <p xmlns="http://www.w3.org/1999/xhtml">Futu SG is officially admitted as a Trading and Clearing Member of Singapore Exchange Derivatives Trading Limited and Trading Member of Singapore Exchange Securities Trading Limited. In addition, it will hold clearing membership in SGX subsidiary The Central Depository (Pte) Limited, as well as becoming a depository agent of the financial institution. Futu SG is now one of the twelve SGX members with full memberships among other 79 members.</p> <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder9624"> <p xmlns="http://www.w3.org/1999/xhtml"><a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/1851872/Mr_Robin_Xu_Senior_Partner_Senior_Vice_President_Futu_Holdings.html" target="_blank" rel="nofollow" rel="nofollow"><img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/1851872/Mr_Robin_Xu_Senior_Partner_Senior_Vice_President_Futu_Holdings.jpg" title="Mr. Robin Xu, Senior Partner and Senior Vice President of Futu Holdings Limited returns a charging bull to Mr. Loh Boon Chye, CEO, SGX Group, representing the tenacity and the can-do spirit of the modern, tech-savvy investor and of Futu&#039;s confident outlook of the future" alt="Mr. Robin Xu, Senior Partner and Senior Vice President of Futu Holdings Limited returns a charging bull to Mr. Loh Boon Chye, CEO, SGX Group, representing the tenacity and the can-do spirit of the modern, tech-savvy investor and of Futu&#039;s confident outlook of the future" /></a></p> </div> <p xmlns="http://www.w3.org/1999/xhtml">In honour of the occasion, SGX Group CEO Mr. <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Loh Boon Chye</span>, Futu Holdings Senior Partner and Senior Vice President Mr. <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Robin Xu</span>, Futu SG CEO Mr. <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Ivan Mok</span> and Managing Director Mr. ...</p><p><a href=https://www.benzinga.com/pressreleases/22/07/n27927855/futu-sg-strengthens-its-leading-position-as-the-first-digital-brokerage-to-receive-full-sgx-member alt=Futu SG Strengthens Its Leading Position as The First Digital Brokerage to Receive Full SGX Memberships>Full story available on Benzinga.com</a></p> Banking/Financial Services Fintech FUTU Press Releases Fri, 01 Jul 2022 06:29:00 +0000 PRNewswire 27927855 at https://www.benzinga.com