Fintech PR
Standard Bank and HUAWEI Mobile Services Collaborate to Empower Digital Banking Solutions for Clients in South Africa
DUBAI, UAE, July 18, 2023 /PRNewswire/ — Standard Bank, a leading financial institution in South Africa, has embarked on a strategic collaboration with HUAWEI Mobile Services (HMS) to provide cutting-edge digital banking solutions to its clients in South Africa. Belinda Rathogwa, Executive Head: Digital and eCommerce for Personal and Private Banking at Standard Bank South Africa, shared valuable insights on the collaborative efforts during a recent interview.
According to Rathogwa, the collaboration between Standard Bank and HUAWEI Mobile Services South Africa is aimed at offering seamless digital banking experiences to clients who access the Standard Bank banking app through Huawei devices. Over the past three years, the two entities have worked closely to integrate HMS capabilities, ensuring the compatibility of the Standard Bank banking app with Huawei’s ecosystem. As part of this collaboration, safety detect has been implemented to authenticate clients using the app, and a universal app downloads campaign has been launched, extending the world of digital banking to over 300,000 Huawei users.
“Our collaboration introduces the convenience of mobile banking enabling users to access the Standard Bank banking app on their devices and enjoy services such as checking their credit score, opening a savings account and purchasing airtime, data, or electricity through the banking app,” adds Rathogwa.
Huawei aims to build a robust app ecosystem to provide a rich and diverse range of apps for its users. It’s collaborations with established organizations, such as Standard Bank, is vital to expanding the app offerings on the AppGallery and enhancing the overall user experience.
HMS partners are provided with resources, tools, technical support and incentives to support businesses to build and optimize their apps for HUAWEI devices.
“At Standard Bank, we recognize that technology plays a critical role in driving Africa’s growth and development. With many of our clients accessing the Standard Bank banking app through Huawei devices, we identified the importance of partnering with Huawei to provide clients with digital banking solutions for their needs. We take great pride in our partnership with Huawei South Africa and see it as an opportunity to foster growth and development in Africa,” concludes Rathogwa.
Forging strategic partnerships with prominent banking apps in the UAE, including ADCB, ENBD, FAB, Mashreq, ADIB, and Standard Chartered Bank UAE, as well as Saudi top banks like Alrajhi bank, SNB bank, Riyadh bank, Alinma bank and SAB bank, Huawei Mobile Services have achieved a remarkable success. These collaborations have opened up new avenues for these esteemed banking institutions to connect with a wider audience of Huawei users. The collaborations serve as a testament to the shared commitment of Huawei Mobile Services and the banking apps to deliver innovative solutions and elevate the banking experience for customers in the region. Together, they are redefining the landscape of digital banking by offering seamless and advanced services tailored to the needs of Huawei users.
About Huawei Mobile Services (HMS)
Huawei Mobile Services (HMS) is a part of Huawei Consumer Business Group, which aims to provide a complete, all-scenario mobile ecosystem to Huawei device users. HMS users can enjoy official services such as AppGallery, Mobile Cloud, Themes, Video, Petal Search, Petal Maps and more which come along with EMUI. HMS covers users in over 170 countries and regions, serving as an ultimate and premium smart living experience to benefit every user. As the era of a fully connected world has arrived, HMS continues evolving to provide an optimised mobile experience and fulfil the commitment to bring the world closer.
Visit huaweimobileservices.com for more information on HMS
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View original content:https://www.prnewswire.co.uk/news-releases/standard-bank-and-huawei-mobile-services-collaborate-to-empower-digital-banking-solutions-for-clients-in-south-africa-301879685.html
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Fintech PR
FT GLOBAL CAPITAL, INC. STEPS UP ITS ENFORCEMENT EFFORTS AGAINST FUTURE FINTECH TO COLLECT ON THE $10.8 JUDGMENT
MIAMI BEACH, Fla., Aug. 30, 2024 /PRNewswire/ — FT Global Capital, Inc. (“FT Global”), a Miami Beach-based registered broker-dealer and investment banking firm, announced today that it has stepped up its enforcement efforts to collect on $10.8 million Judgment against Future FinTech Group Inc. (Nasdaq: FTFT) (“Future FinTech”). On January 14, 2021, FT Global brought this lawsuit based on Future FinTech’s failure to pay fees after raising over $80 million from investors that FT Global introduced to Future FinTech.
On April 16, 2024, the U.S. District Court for the Northern District of Georgia entered an Amended Judgment in favor of FT Global against Future FinTech in the approximate amount of $10.8 million. Future FinTech later moved to vacate the Amended Judgment, but failed to post any bond. On May 21, 2024, the Court ruled that FT Global could enter the Amended Judgment in other Federal Districts, allowing FT Global to commence further enforcement proceedings. FT Global has entered the Amended Judgment in the Southern District of New York, among other courts. To date, Future FinTech has not yet paid any of the judgment.
On August 28, 2024, the District Court in New York granted FT Global’s motion for an order directing FTFT to turn over the shares of its subsidiaries to be sold to satisfy the Amended Judgment. The Court’s Order provides, in pertinent part, that “…Defendant shall turn over the shares, membership, or limited partnership interests in all of its subsidiaries, and the corporate seals of its China and Hong Kong-based subsidiaries, to the U.S. Marshal for auction or sale until the judgment is satisfied.” While FT Global intends to work with the U.S. Marshal in connection with the foregoing, it is unclear if the subsidiaries have sufficient value to pay the Amended Judgment.
Earlier, FT Global, through its counsel, served a third-party subpoena on Fortune CPA, Inc., Future FinTech’s independent public accounting firm, to obtain information relating to banking and financial accounts of Future FinTech. On August 8, 2024, the U.S. District Court for the Central District of California denied Future FinTech’s motion to quash the subpoena, thus requiring Fortune CPA to turn over the requested records.
FT Global intends to continue with its enforcement effort, as appropriate, which may include seeking relief in additional jurisdictions in the United States, in foreign jurisdictions or against Future FinTech’s officers and directors.
About FT Global Capital, Inc.
FT Global Capital, Inc. is an investment banking firm and a FINRA member firm based in Miami Beach, FL and New York, NY.
Olshan Frome Wolosky LLP, a New York law firm, serves as FT Global’s litigation counsel. Eric Lang, Esq. of Lang Legal served as co-counsel. FT Global has also retained local counsel in various jurisdictions to prosecute its enforcement effort, noted above.
About Future FinTech
Future FinTech Group Inc.’s filings made with the U.S. Securities and Exchange Commission are at https://www.sec.gov/edgar/search/#/ciks=0001066923&entityName=Future%2520FinTech%2520Group%2520Inc.%2520(FTFT)%2520(CIK%25200001066923).
Contact:
Alec Orudjev
General Counsel, FT Global Capital, Inc.
646-202-2619 phone
View original content:https://www.prnewswire.co.uk/news-releases/ft-global-capital-inc-steps-up-its-enforcement-efforts-against-future-fintech-to-collect-on-the-10-8-judgment-302234957.html
PORT VILA, Vanuatu, Aug. 30, 2024 /PRNewswire/ — Leading multi-asset CFD broker, Vantage Markets (or “Vantage”) has successfully concluded its “Vantage Medal Mania” promotion. Over the 18-day campaign, the promotion saw enthusiastic participation from clients across various regions, with over 1 million medals won.
The App-exclusive promotion ran from 25 July to 11 August 2024 and captured the competitive spirit of the Games, with over 350,000 votes cast. Clients voted for their favourite teams in various sports, adding to the excitement of the international event.
Swimming emerged as the top sport in terms of total votes, followed closely by Diving and Athletics, showcasing the global audience’s passion for these high-stakes events. In terms of winning votes, Table Tennis, with the Women’s Team event, Women’s Singles, and Badminton Women’s Doubles topped the list of most successful predictions.
“We are delighted by the overwhelming response to ‘Vantage Medal Mania.’ The enthusiasm and engagement from our clients truly reflect the spirit of competition and the joy of participating in the Games,” said Lian J, User Growth Director for Vantage App. “We look forward to bringing more such exciting and rewarding experiences to our clients in the future.”
The promotion offered clients the chance to exchange medals for various trading rewards, including deposit cashback vouchers, trade loss vouchers, and more. Participants also had the opportunity to win cash prizes and V-points through a lucky draw.
With the success of “Vantage Medal Mania,” Vantage Markets continues to demonstrate its commitment to providing engaging and rewarding experiences for its clients. The promotion follows closely on the heels of the ongoing “Trading Championship 2024” which closes on 31 August 2024, further underscoring Vantage’s dedication to fostering a competitive and dynamic trading environment.
Learn more about Vantage’s latest promotions on the Vantage App.
About Vantage
Vantage Markets (or Vantage) is a multi-asset CFD broker offering clients access to a nimble and powerful service for trading Contracts for Difference (CFDs) products, including Forex, Commodities, Indices, Shares, ETFs, and Bonds.
With over 14 years of market experience, Vantage transcends the role of broker, providing a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that empowers clients to seize trading opportunities. Download the Vantage App on App Store or Google Play.
trade smarter @vantage
RISK WARNING: CFD trading carries significant risks. You could lose more than your initial investment.
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View original content:https://www.prnewswire.co.uk/news-releases/vantage-markets-celebrates-the-successful-conclusion-of-vantage-medal-mania-302233954.html
HONG KONG, Aug. 30, 2024 /PRNewswire/ — CoinEx is pleased to announce the launch of an enhanced information page for its native token, CET. This update is part of our ongoing commitment to transparency and providing our users with detailed, accessible information about the digital assets within our ecosystem.
The newly updated page offers an in-depth look at CET, covering all aspects of the token’s structure and functionality. Users will now find comprehensive details on the total issuance of CET, offering a clear understanding of its supply metrics and distribution. The economic model underlying CET is also meticulously explained, illustrating how the token is designed to operate within the market and maintain its value over time.
In line with CET’s deflationary mechanism, the page provides detailed records of CET’s buyback and burn activities, demonstrating CoinEx’s ongoing efforts to reduce the circulating supply of CET and enhance its long-term value proposition. Furthermore, the various rights and benefits available to CET holders are outlined, including trading fee discounts and early access to new products within the CoinEx ecosystem.
This update also includes an expansive overview of the entire CoinEx ecosystem, showcasing how CET integrates with our range of platforms, products, and services. As innovation continues, CET will soon be at the forefront of new applications and use cases within CoinEx’s ecosystem, broadening its utility and importance.
The updated CET information page is a reflection of CoinEx’s dedication to transparency and vision for a robust, user-centered ecosystem. Moving forward, CoinEx remains dedicated to expanding the functionality of CET and exploring new avenues for its use. We encourage our community to stay tuned for upcoming announcements that will further enhance the value and utility of CET within the digital economy.
For more information, please visit CET information page.
About CoinEx
Established in 2017, CoinEx is a global cryptocurrency exchange committed to making crypto trading easier. The platform provides a range of services, including spot and futures trading, margin trading, swaps, automated market makers (AMM), and financial management services for over 10 million users across 200+ countries and regions. Since its establishment, CoinEx has steadfastly adhered to a “user-first” service principle. With the sincere intention of nurturing an equitable, respectful, and secure crypto trading environment, CoinEx enables individuals with varying levels of experience to effortlessly access the world of cryptocurrency by offering easy-to-use products.
To learn more about CoinEx, visit: Website | Twitter | Telegram | LinkedIn | Facebook | Instagram | YouTube
View original content:https://www.prnewswire.co.uk/news-releases/coinex-unveils-enhanced-token-information-page-for-cet-302234861.html
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