The Asian Banker

Yiren Digital's Insurance Arm Secures Spot on FESCO's Approved Supplier List

Retrieved on: 
Tuesday, February 6, 2024
Growth, Life, Risk management, The Asian Banker, ASL, FESCO, RMB, Information technology, Injury, Acquisition, Health, Insurance, Engineering

This robust network enables Hexiang to offer a comprehensive suite of insurance services, catering to both corporate and individual clients.

Key Points: 
  • This robust network enables Hexiang to offer a comprehensive suite of insurance services, catering to both corporate and individual clients.
  • Within the Yiren Digital ecosystem, Hexiang Insurance Brokers distinguishes itself as a pivotal player.
  • This approach not only diversifies the insurance and financial planning solutions available to Yiren Digital's clientele but also enhances their value proposition.
  • Hexiang Insurance Brokers is on a mission to establish itself as the preeminent brokerage in China's insurance market by delivering an extensive and varied range of brokerage services.

CPIC and SAS compliance risk tech implementation best in China

Retrieved on: 
Thursday, October 12, 2023
SAS, Partnership, Forecasting, Risk management, Disclosure, AI, Insurance, The Asian Banker, Trust, Bank, CFO, CPIC, The Actors of China Awards, Rare-earth element, Life insurance

CARY, N.C., Oct. 12, 2023 /PRNewswire/ -- SAS recently was awarded 2023 Best Compliance Risk Technology Implementation in China by The Asian Banker, an international authoritative financial magazine, for the IFRS 17 – Insurance Contracts project, in cooperation with China Pacific Insurance (Group) Co. (CPIC). The Asian Banker China Awards program aims to recognize those Chinese financial institutions that have demonstrated excellence in risk management.

Key Points: 
  • CARY, N.C., Oct. 12, 2023 /PRNewswire/ -- SAS recently was awarded 2023 Best Compliance Risk Technology Implementation in China by The Asian Banker, an international authoritative financial magazine, for the IFRS 17 – Insurance Contracts project, in cooperation with China Pacific Insurance (Group) Co. (CPIC).
  • CPIC and SAS IFRS 17 #insurance solution named best in China.
  • This is one of the first IFRS 17 implementation projects among domestic insurance institutions, empowering CPIC with greater compliance and risk management capabilities.
  • "We are proud to win The Asian Banker's 2023 Best Compliance Risk Technology Implementation in China in partnership with CPIC," said Wilson Ho, Vice President and Managing Director of SAS Greater China.

BEST Vietnam Partners with Techcombank to Boost Cashless Payments Through Dynamic QR Code

Retrieved on: 
Friday, August 25, 2023
Techcombank, ICore Virtual Accounts, Collection, The Asian Banker, Multimedia, Transaction banking, Express, Bank

HANGZHOU, China, Aug. 25, 2023 /PRNewswire/ -- BEST Vietnam under BEST Inc., a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia, today announced a cooperation with Techcombank to enhance cashless payments through QR code scanning.

Key Points: 
  • HANGZHOU, China, Aug. 25, 2023 /PRNewswire/ -- BEST Vietnam under BEST Inc., a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia, today announced a cooperation with Techcombank to enhance cashless payments through QR code scanning.
  • Customers when receiving packages delivered by BEST Express, can now scan dynamic QR code to make cashless payments.
  • The solution was awarded as "Best Collection Management solution via Virtual Account Southeast Asia" by The Asian Banker, and as the "Best Cash Management and Transaction Bank in Vietnam" by The Asian Banker.
  • Earlier this year, BEST Vietnam has cooperated with VNPAY, a local e-wallet app, to promote cashless payment among its customers.

CIB FinTech and Huawei Jointly Win The Asian Banker's Award for Best Data Infrastructure Implementation in China

Retrieved on: 
Saturday, July 29, 2023
Cloud, The Asian Banker, Huawei, Internet of things, Learning curve, Intelligence, Future, Industrial Bank (China), O&M, Digital, Industrial bank, CIB, Software, Mobile phone, Cryptocurrency, Network equipment provider, Retail

Industrial Digital Financial Services Co., Ltd. (CIB FinTech for short) and Huawei Technologies Co., Ltd. (Huawei for short) jointly won Best Data Infrastructure Implementation in China in this category.

Key Points: 
  • Industrial Digital Financial Services Co., Ltd. (CIB FinTech for short) and Huawei Technologies Co., Ltd. (Huawei for short) jointly won Best Data Infrastructure Implementation in China in this category.
  • Based on Huawei Financial Data Intelligence Solution that includes software and hardware products like Kunpeng, Kylin, Huawei Cloud, and data lakehouse, CIB FinTech has built an enterprise-level and all-scenario integrated analysis platform.
  • As a self-service, real-time, and intelligent data service technical foundation, the platform consists of data, scheduling, management, and service sub-platforms.
  • Leveraging its fully-converged cloud-data-AI-computing Financial Data Intelligence Solution, Huawei accelerates the unleashing of data value and helps financial institutions innovate businesses.

Linklogis’ Founder Charles Song Won the Asian Banker's Innovation Leadership Award for 2023

Retrieved on: 
Wednesday, June 28, 2023
Transfer, Blockchain, Software as a service, The Asian Banker, Distributed ledger technology law, Bank, Innovation leadership, Silicon, Paytm, AI, Ecosystem, AR, Management, Cryptocurrency, Linklog

Charles Song, the founder, chairman and CEO of Linklogis, was granted the Asian Banker's Innovation Leadership Award.

Key Points: 
  • Charles Song, the founder, chairman and CEO of Linklogis, was granted the Asian Banker's Innovation Leadership Award.
  • The assessment for the award is based on criteria including a distinguished career, the vision and commitment as an innovation champion and facilitator, and significant achievements.
  • In 2023, the Innovation Leadership Achievement award was granted to the following 6 leaders: Charles Song from China, the Founder, Chairman and CEO of Linklogis.
  • In 2022, Linklogis Supply Chain Multi-tier AR Transfer Platform won Best Blockchain or Distributed Ledger Technology award in China by the Asian Banker.

MoMo's Executive Vice Chairman and CEO, Mr. Nguyen Manh Tuong, Receives Asian Banker's Prestigious "Innovation Leadership Award" for 2023

Retrieved on: 
Wednesday, June 14, 2023
Knowledge, Heart, Learning, Fintech, NETS, The Asian Banker, Marketing, BNPL, Bank, Innovation leadership, Organization, Apple, Growth, Ecosystem, Momo, Management, TikTok

This year's award ceremony took place in conjunction with The Asian Banker's Future of Finance Summit in Bangkok (Thailand).

Key Points: 
  • This year's award ceremony took place in conjunction with The Asian Banker's Future of Finance Summit in Bangkok (Thailand).
  • Mr. Nguyen Manh Tuong was the only Vietnamese prizewinner alongside other leading fintech leaders such as the Founder of Paytm in India and the Group CEO of NETS in Singapore.
  • "The Asian Banker is privileged to present this award to MoMo's Executive Vice Chairman and CEO in recognition of his excellence in both leadership and vision which have been instrumental in entrenching innovative culture.
  • Knowledge sharing is facilitated at MoMo to encourage learning and create greater value for the company and society.

Prosper Utilizes FICO Scores to Improve Financial Inclusion and Expand Credit Services

Retrieved on: 
Friday, May 19, 2023
Banking, Professional Services, Finance, Heart, Human, The Asian Banker, CFA, Prosper, Credit score in the United States, Risk management, USD, Open access, Credit, Divorce, Financial literacy, Economic development, Financial inclusion, FICO, Owner-occupancy, NYSE, Bankruptcy, Bank, Renewable energy

Prosper also proactively mitigates credit risk and meets the increasing credit demand for creditworthy customers based on their monthly updated FICO® Scores.

Key Points: 
  • Prosper also proactively mitigates credit risk and meets the increasing credit demand for creditworthy customers based on their monthly updated FICO® Scores.
  • Watch Prosper talk about the project: https://youtu.be/1YDP_W0BHU8
    “Millions of consumers in the U.S. are currently credit invisible and need a path to access credit,” said Prosper CEO, David Kimball.
  • Topics include Mastering Credit, Credit Scores, Financial Literacy, Financial Wellness, Managing Debt, and Home Ownership.
  • We are pleased to see Prosper credit products leveraging FICO Scores for proactive credit risk management.”
    For its achievements, Prosper won a 2023 FICO® Decisions Award for Financial Inclusion.

WeBank Recognized as "Best Global Digital-Only Bank" by The Asian Banker

Retrieved on: 
Thursday, April 6, 2023
Transfer, Fintech, Blockchain, Maintenance, The Asian Banker, Health, Marketing, Farmer, Agriculture, Disability, Privacy, Intelligence, FATE, WeBank (China), WeBank, Linux Foundation, Research, Carbon, FISCO, Cloud computing, Knowledge, MSME-Champions, Federated, AI, Ecosystem, TAB, Federated learning, Transfer learning, RMB, KYC, Bank, Cryptocurrency

In addition, WeBank received two awards, namely "Best Digital-Only Bank in Asia Pacific" and "Best Chatbot/Voice Banking Service".

Key Points: 
  • In addition, WeBank received two awards, namely "Best Digital-Only Bank in Asia Pacific" and "Best Chatbot/Voice Banking Service".
  • Sponsored by The Asian Banker, the leading provider of strategic intelligence and community platforms in the financial services industry, the TAB (The Asian Banker) Global Excellence in Retail Financial Services Awards 2023 were presented at the recent Excellence in Retail Financial Services Convention 2023 in Hanoi, Vietnam.
  • As a world-leading digital bank and China's pioneer digital bank, WeBank has always leveraged technology to drive business growth.
  • The winners of the awards are determined by international researchers and advisors of the Asian Banker based on their evaluations, investigations, and interviews.

Linklogis Reports Solid Results for 2022 with the Gross Profit Margin Hitting a New High of 83.8%

Retrieved on: 
Tuesday, March 28, 2023
Cloud, Transfer, Insurance, SME, FI, Internet, Development, Patent, Investment, ESG, R, The Asian Banker, Blockchain, Research, Classification, Greenland Holdings, Renewable energy, Hang Seng Indexes Company, Agricultural Bank of China, Gold Award, Digitization, Growth, Sustainable development, Agricultural Bank, Amazon, Sustainalytics, Standard Chartered, Letter, Cross, Olea, Neobank, Trust, Multi, Ecosystem, Cryptocurrency, Retail, Linklog

Shenzhen, China, March 28, 2023 (GLOBE NEWSWIRE) -- On March 28, 2023, Linklogis Inc. (09959.HK, “Linklogis”) released its 2022 annual results.

Key Points: 
  • Shenzhen, China, March 28, 2023 (GLOBE NEWSWIRE) -- On March 28, 2023, Linklogis Inc. (09959.HK, “Linklogis”) released its 2022 annual results.
  • Thanks to the optimization of product structures, Linklogis achieved a record high gross profit margin of 83.8% in 2022.
  • In 2022, Linklogis served 1,436 customers and partners, comprising 1,110 anchor enterprises and 326 financial institutions.
  • By the end of 2022, Linklogis has cumulatively served more than 180,000 SMEs.

Alipay+ to offer special packages from Friday onwards on GCash featuring Disney+ which will be available in the Philippines on November 17

Retrieved on: 
Wednesday, November 2, 2022
Children, TV and Radio, Technology, Professional Services, Electronic Commerce, Entertainment, Family, Fintech, Mobile, Wireless, Consumer, Finance, Universe, Xchange, Marketing, Walt Disney Studios, Kardashian family, National Geographic, Marvel Cinematic Universe: Phase Four, General manager, Pixar, IDC, BTS, Marvel Cinematic Universe, Ant Group, Star, Television, TAB, Bear, Multimedia, Senior, The Asian Banker, Anatomy, Solution, The Simpsons, Insurance, Cryptocurrency, Mobile phone, Film, Online shopping, Alipay, The Walt Disney Company, Mynt

Subscribers will be able to start streaming Disney+ from November 17, to watch exciting general entertainment content from iconic brands including Disney, Marvel, Star Wars, Pixar, National Geographic and Star.

Key Points: 
  • Subscribers will be able to start streaming Disney+ from November 17, to watch exciting general entertainment content from iconic brands including Disney, Marvel, Star Wars, Pixar, National Geographic and Star.
  • Through GCash and Alipay+, Disney fans can enjoy their favorite movies and shows in just a few taps.
  • GCash is a wholly-owned subsidiary of Mynt (Globe Fintech Innovations, Inc.), the first and only duacorn in the Philippines.
  • GCash was recognized by The Asian Banker (TAB) and by the IDC in 2021 for its outstanding digital financial inclusion programs.