Ping An Bank Wins Gartner Innovation Award

Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEX: 02318; SSE: 601318) announced that Ping An Bank received the “Eye On Innovation Award for Financial Services 2020” from research and advisory company Gartner. Ping An Bank is the first in Mainland China’s banking industry to receive the annual award, recognizing the Bank’s capabilities in risk management and the impact of China’s fintech in Asia-Pacific. Guo Shibang, Vice President of Ping An Bank, said, “The Intelligent Risk Control Platform...

Trade Finance Fintech Mitigram Establishes Global Leadership

With GTR returning to the Nordic region for its leading annual Trade Finance conference, Mitigram – born in the Nordics and today the world’s premier global platform for funding and hedging trade risks – celebrated 5 years since its official launch. Mitigram is the first digital market network for Corporates, Traders and Financial institutions.  The network was launched in 2015 with a vision to close the digitisation gap between the needs of Corporate Treasury and...

Banking-as-a-service (Baas) provider, Railsbank Raises $37M

Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr are also participating. The new investment will enable Railsbank to continue to be the global leader in Banking as a Service through the launch of Credit Cards as a Service in the USA, continued expansion in SE Asia and strengthening its business in the UK and Europe. Railsbank, the leading global Banking-as-a-Service (BaaS) platform, has raised USD37 million as part of continued...

New Banking Bootcamp Launched to Help Women of Color Entrepreneurs

New Voices Foundation and JPMorgan Chase’s Advancing Black Pathways initiative are developing and hosting the New Voices Banking Bootcamp – a business banking educational program. Slated to start later this month, the bootcamp is designed to help women of color entrepreneurs establish strong business banking relationships and expand their access to capital, which is critical to business growth and success. Small businesses that are led by women of color entrepreneurs, for example, are often unable to access...

ORSNN Launches Powerful Whole-Loan Trading Platform To Beta

First Automated Loan-Trading Platform Built Exclusively for Financial Institutions Now Available in Private Beta CEO, Co-Founder Banerjee Says ORSNN Will ‘Digitally Transform’ Loan Portfolio Trading by Leveraging Cloud Computing, Machine Learning ORSNN, a fintech startup that builds end-to-end solutions for managing and trading loan portfolios, today launched a private beta platform that provides financial institutions with a low-cost, transparent, and automated loan-trading system. Powered by machine learning and cloud technology, the ORSNN beta platform has...

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