Author: Nick Wilsion

PR Newswire launched its Business & Finance Media Pitching Kit 2021 (APAC Edition) today, offering insights for brands pitching to business and finance media amidst a global economic outlook that remains clouded by uncertainties. As the economy is reeling from the impact of the COVID-19 pandemic, many brands have shifted their business priorities and accelerated their digital transformation. Over the past year, there has been an increased use of digital currencies, and more brands are prioritizing Environmental, Social & Governance (ESG) initiatives. The wave of changes has presented brands with many opportunities to share their stories with journalists who demand…

The Council of Ministers, in its session held today,12  December 2021, under the chairmanship of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz approved the budget for the fiscal year 2022, with a total expenditure of SAR 955 billion, total revenues of about SAR 1,045 billion, and a surplus of about SAR 90 billion. On this occasion, His Excellency the Minister of Finance Mr. Mohammed Al-Jadaan, extended his thanks and gratitude to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, and HRH the Crown Prince, Deputy Prime Minister and Minister of Defense, Prince Mohammed…

Amazon revolutionized purchasing with “1-Click”. Now, Swedish Fintech Minna Technologies is bringing the ‘1-click’ experience to banks’ mobile applications, further showcasing the promise of open banking. Amazon invented the “1-Click” checkout, giving their customers the ability to make purchases on the web with just a click of a button. Today, it’s merely a swipe and we live in a world where digital, friction-less purchasing behavior is status-quo. Minna Technologies is empowering banking customers to manage their subscriptions just as easily. Its technology enables banking clients to manage their full subscription spend frictionlessly within the native banking app environment. Bringing the…

Spacetalk Ltd. (ASX:SPA) (“Spacetalk” or “Company”), developer of innovative technologies that keep families safe and connected, provides an update on its privacy and data policies. Spacetalk confirms that it does not sell or otherwise monetise its users’ data.  Spacetalk’s strong reputation for data security and privacy stems from a long history of working with schools, State Education Departments, government agencies, police, and regulators. For over 20 years, the Company has been recognised as a global leader and pioneer in the development of socially responsible technologies that enhance freedom and independence while keeping the safety of children and community at the…

As part of the ‘Responsibly for Hygiene’ programme, Bostik, the adhesive solutions division of Arkema, has announced the launch of Nuplaviva(TM), a new range of adhesive solutions formulated with renewable content. As part of Bostik’s drive towards the creation of more sustainable solutions across the value chain, the disposable hygiene Global Business Unit has developed the Nuplaviva(TM) range of adhesives, with two products launched so far and more to come in 2022. Comprising 50% and 75% bio-sourced content respectively, they meet the same level of performance and ease of processability as Bostik’s traditional adhesive formulations. Adding bio-sourced content to our…

Singaporean Female Chief-Marketing-Officer helming and leading the charge Oversubscribed private-round raises more than $6 million USD for Affyn Affyn, a metaverse-based project, it is a free-to-play and play-to-earn mobile game with geolocation capability and augmented reality (AR) integrated, just raised 6 million USD from the completion of their private round. Female lead Chief Marketing Officer leading an experience team Affyn installed a female leader to spearhead their marketing sector. Ms Christina Yip has acquired more than half a decade of experience in the blockchain and cryptocurrency space having worked with most of the prominent blockchain players in the industry. To…

S&P Global Ratings has assigned a rating of AA/A-1+, positive outlook to the OPEC Fund in its inaugural assessment of the international development institution, stressing the Fund’s “extremely strong” financial risk profile and capital base as well as its strong funding and liquidity positions. The rating agency further underlines the OPEC Fund’s “strong enterprise risk profile” and its “very strong” track record of preferred creditor treatment. The rating follows an earlier assessment by Fitch Ratings of AA+ with stable outlook in July. The OPEC Fund plans to expand its lending operations and is therefore seeking to diversify its funding sources,…

Nota, an AI optimization platform startup, has acquired series B funding amounting to USD 14.7M that is announcing today. The series B funding was finalized last month, a year after the series A funding of USD 6.7M. The series B funding round joined by Stonebridge Ventures, LB Investment, DS Asset, Intervest, and Company K Partners. Nota has raised a total of $23M. Nota is a tech startup that focuses on optimizing AI models with its main platform solution called NetsPresso and develops diverse edge AI solutions including intelligent transportation system, facial recognition-based access control, and low-powered driver monitoring solution in…

Pragma announced that Michael Brevetta has joined the cybersecurity consultancy as its Head of Compliance, Conduct, and Regulatory Risk effective from 1st November 2021. Brevetta brings over 18 years of experience as a lawyer and compliance professional focusing on financial services risk and regulation, Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) compliance, and tax information reporting and withholding. Standard Chartered Bank benefited from his experience for four years; he led a Central Compliance team that ensured the bank’s global compliance with applicable tax transparency and automatic exchange of information regimes. Prior to that, Michael led PwC Singapore’s US Regulations practice,…

Strong investor interest and participation from prominent Decentralised Finance-focused funds such as DAO Maker and Mirana Ventures Surpassed 80,000 international users within 6 months DeFiato, a next-generation fintech platform for Decentralised Finance (DeFi), successfully completed the first round of its private token sale. Participating investors include leading DeFi-focused funds DAO Maker, Mirana Ventures (a venture partner of Bybit and BitDAO), CRC Capital, Double Peak Group, Dweb3 Capital and 7 O’Clock Capital. The strong interest and participation reflects a high demand for secure, centralised exchange graded platforms with fiat on-ramp. Many decentralised platforms present various technical barriers in on-chain farming, staking…