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Credit Card Users Increased 7% in Last Five Years, reports Packaged Facts

14 Jan
offshore credit card

ROCKVILLE, Md., Jan. 14, 2020 /PRNewswire/ — The percentage of credit card users in the U.S. has risen more than 7% from 2015 to 2019, according to Private Label Credit Cards in the U.S., 11th Edition, a report by market research firm Packaged Facts. The uptick in credit card use underscores two important trends: steady economic growth and an […]

LatinFinance announces winners of 2019 Banks of the Year Awards

02 Nov
Miami for 2019 Banks of the Year Awards

MIAMI, Nov. 1, 2019 /PRNewswire/ — LatinFinance announces the winners of the 2019 Banks of the Year Awards, its annual recognition of excellence in financial services in Latin America and the Caribbean. The awards will be given out Friday evening during LatinFinance’s Latin America Banking Leadership Dinner at Mandarin Oriental, Miami. This year’s winning institutions achieved outstanding performance in retail, commercial […]

Asia Pacific Digital Bank to Launch Stablecoin USDA Soon

22 Sep
Asia Pacific Digital Bank

Asia Pacific Digital Bank (APDB) recently announced the preliminary launch of its stable coin USDA. KUALA LAMPUR, MALAYSIA / ACCESSWIRE / September 22, 2019 / China’s Central Bank, the People’s Bank of China (PBoC), is planning to introduce its own digital currency, and this news has sent excitement and speculation rippling through the market. The market […]

Lufax to Help Traditional Financial Institutions Build Digital Infrastructure

03 Sep
Digital Infrastructure

SHANGHAI, Sept. 3, 2019 /PRNewswire/ — Lufax announced its plan to help traditional financial institutions build their digital infrastructure though a Software-as-a-Service (SaaS) model, and accelerate the industry’s adoption of technology at the World Artificial Intelligence Conference (WAIC) 2019. How Common Digital Infrastructure Can Elevate the Industry The announcement launches Lufax’s strategic foray into exporting financial technologies […]

Private Placement Programs (PPP) and Bank Trading Platforms

15 Aug
Private Placement Programs

The history of Private Placement Programs (PPP’s) goes back to as far as the 1930’s where it was developed, after the global depression, by the USA and Switzerland based on a unique money-lending/creation structure then operated in Siam (Vietnam). How well it worked (or not) has been lost in the annals of economic history. However, […]

Abu Dhabi Commercial Bank Partners with Silicon Valley’s Plug and Play to Join Global Ecosystem of Financial Institutions

05 Aug
Palace in Abu Dhabi. - Dhabi Commercial Bank

One of the many palaces in Abu Dhabi ABU DHABI, United Arab Emirates, Aug. 5, 2019 /PRNewswire/ — Abu Dhabi Commercial Bank (ADCB) has announced its partnership with Plug and Play, the largest global innovation platform headquartered in Silicon Valley, and Abu Dhabi Global Market (ADGM), the award-winning international financial centre in Abu Dhabi. Along with 80 other financial […]

World Digital Currency Bank Was Officially Established in Suriname of South America

17 Jul
2000 Suriname: Centrale Bank Van Suriname, Vijf Gulden

(SRD3a) 2000 Suriname: Centrale Bank Van Suriname, Vijf Gulden (A/R)…. HONGKONG, CHINA / ACCESSWIRE / July 17, 2019 / On July 15, Suriname, South America, officially announced the establishment of the World Digital Currency Bank (WDC). According to information, the bank’s Asia-Pacific headquarters is located in Hong Kong, China, uses Hong Kong’s status as a financial […]

OnlineCheckWriter Launches Cloud-based Check Printing Services Online

09 Jul
OnlineCheckWriter Launches Cloud-based Check Printing Services Online

OnlineCheckWriter – a leading online portal for check writing and printing- has recently unveiled its innovative range of cloud-based check printing services online including traditional printing to paperless checks SAN JOSE, CA / ACCESSWIRE / July 2019 / OnlineCheckWriter is a famous online portal that provides a professional range of check writing as well as printing […]

Jim Plack On Banking that is Cost-Effective and Trouble-Free

10 Jun
Jim Plack On Banking

BETHESDA, MD / ACCESSWIRE / June 10, 2019 / Although banks do not always command the public’s trust, it is nearly impossible to imagine a society functioning properly without these pivotal institutions. Confidence in the banking system plunged after the 2008 financial crisis and regaining it continues to be a challenge. According to survey data compiled by the […]

China International Capital Corporation expands advisory division in investment banking in the US

03 Jun
China International Capital Corporation

NEW YORK, June 3, 2019 / PRNewswire / – CICC US Securities, the US broker of China International Capital Corporation (“CICC”), announced today that it will expand its strategic advisory division with the hiring of Zahid Ahmed as Managing Director in its New York office. Ahmed will focus on advising consumer goods companies and private equity firms. “The incorporation to our […]

UnionPay International presents unprecedented offers for its mobile payment users during the May Day Holiday

29 Apr
UnionPay cards

Nanhua Temple UnionPay Card SHANGHAI, April 29, 2019 /PRNewswire/ — With China’s first four-day May Day holiday approaching, its outbound tourism market continues to heat up. According to the statistics from several OTAs in China, about 60% of Chinese tourists will travel abroad during the holiday, and their destinations are increasingly diversified. So far, tourists can use UnionPay cards conveniently in 174 countries and regions. And since the beginning of this year, it […]

Klarna’s Global Growth Soars in 2018

28 Apr
Crown, Sweden, Stockholm, Skeppsholmsbron - Global Growth

Relentless focus on superior shopping experience continues to drive strong preference for Klarna amongst merchants and consumers STOCKHOLM, April 29, 2019 /PRNewswire/ — Today, Klarna Bank AB (publ) (“Klarna”), one of the leading global payment providers, has released its annual financial report for 2018. With the tremendous amount of opportunities ahead for the company, the strong financial […]