External | what does this mean?
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Mashreq to implement Oracle s Transaction Banking platform 5 hours ago
Source: Oracle Mashreq Bank, one of the United Arab Emirates’ leading financial institutions, is modernizing its award-winning transaction banking capabilities in the Middle East and Africa with Oracle. To deliver faster innovation to its growing customer base, Mashreq will implement Oracle s Transaction Banking platform with solutions for digital banking, payments, trade finance, liquidity management, and virtual accounts. With Oracle s componentized solution approach, Mashreq can better respond to the region s need for capital diversification and funding of local businesses.
Frenzied retail investors lead charge back to equities
HO CHI MINH CITY: Individual investors are piling into Vietnam stocks at an unprecedented pace, fuelling Asia’s biggest rally and stoking speculation that foreign funds will return after fleeing the market over the past year.
The country’s benchmark VN Index soared 17% in the three months ended April 30, beating every major market in the region and almost doubling gains from the S&P 500 Index.
While foreign investors pulled about US$842mil (RM3.46bil) from the country’s shares so far this year, the tide could be turning.
Vietnam equity funds received record inflows in the third week of April even as emerging-market equity funds saw the biggest outflows since January, according to EPFR Global. A key contributor was a new Taiwan-based Vietnam exchange-traded fund (ETF) that has raised more than US$350mil.
MEDIA ALERT:
Taking place on Tuesday, May 25, “Automate Boldly” is a virtual experience providing manufacturers a wide variety of factory automation solutions.
Who:
Epson Robots, the #1 SCARA robot manufacturer in the world, today announced its first virtual expo entitled, Automate Boldly . Taking place on Tuesday, May 25, Automate Boldly is a virtual experience with informative keynote presentations, technology sessions and product demonstrations, providing manufacturers a wide variety of factory automation solutions. Attendees will leave with business-ready insights based on Epson Robots four decades of experience and leadership in industrial robotics and factory automation.
What:
Experience the ease of use and simplicity with Epson Robots latest innovations in SCARA, 6-Axis and integrated solutions, as well as other manufacturing offerings such as smart glasses, industrial label printers, electronic components, and more. Automate Boldly offers exclusive ac
External | what does this mean?
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
CashtoCode goes live in Nigeria 4 hours ago CashtoCode, the instant cash payment service for online merchants, today announced its launch in Nigeria. Entering the African market for the first time, CashtoCode will now allow Nigerian customers to top up their iGaming or other merchant accounts via in-store cash deposits in their local currency Naira. The service will be available on the Payalat Bill Payment Platform, and at all ServPoint Agent locations - including corner shops, hotels, newsagents and supermarkets. These locations are already extremely popular for mobile top ups, utility bill payments and agency banking services (Payalat and ServPoint are operated by Globasure.)
External | what does this mean?
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Adyen Singapore now licensed under Payment Services Act as a Major Payments Institution 4 hours ago
Source: Adyen Adyen, the global payments platform of choice for many of the world s leading companies, today announced that its Singapore entity, Adyen Singapore Pte Ltd, has received approval from the Monetary Authority of Singapore (MAS) to carry out merchant acquisition services under the Payment Services Act 2019 (PSA). Effective from 1 May 2021, Adyen Singapore s license as a Major Payment Institution under the PSA has been expanded to include merchant acquisition and domestic money transfer services, on top of the previously licensed activity of cross-border money transfer service. Adyen Singapore is the first global payments provider to be licensed for the newly regulated activity o