ADERA to Broaden and Deepen its Business Presence in Chongqing, China

SINGAPORE, Sep 15, 2020 – (ACN Newswire) – Adera Global Pte. Ltd. ("ADERA" or the "Company"), an innovative financial services technology group headquartered in Singapore with a track record of more than 35 years, is pleased to announce that it has entered into two Memorandum of Understandings ("MOU") and a letter of intent to broaden and deepen its business presence in Chongqing, China.

Highlights:

– Supported by major Chinese institutions in the banking and trade industries, the supply chain financing platform will utilise ADERA's blockchain solutions and it will be jointly developed together with two established Chinese partners, Chongqing JiangBeiZui CBD investment Group and CCIF Pte Ltd
– Greater economic collaboration will facilitate more trade between Singapore and Chongqing and the supply chain financing platform will enable enterprises in Singapore and Chongqing to digitalise and standardise their trade processes and invoices
– With enhanced accountability and transparency via the supply chain financing platform, it fosters greater trust and confidence between financing institutions and transacting parties, leading to lower risks to business transactions and faster access to financing
– The fintech and data centre established by ADERA will be located in Bishan, Chongqing and it will focus on the development of fintech solutions, artificial intelligence and secured data capabilities, among other new technology innovations
– ADERA will also be participating in SMART CHINA EXPO 2020, where the Company will showcase its latest fintech and digitalisation innovations in this Virtual Expo

The MOUs and letter of intent are part of the China-Singapore (Chongqing) Demonstration Project on Strategic Connectivity and it is the third intergovernmental cooperation project between China and Singapore which mainly covers four key areas of cooperation: financial services, aviation industry, transportation logistics and information, and communication.

Previously, such intergovernmental cooperation projects have effectively facilitated the origination and completion of several China-Singapore cooperation projects. In 2018, 16 cross-border financing projects under the China-Singapore Demonstration Initiative on Strategic Connectivity were followed through.

Strategic Collaborations with Established Chinese Private Enterprises and Government Agencies in Chongqing

Chongqing, in southwest China, is one of four municipalities directly controlled by the central government – the other three are Beijing, Shanghai, and Tianjin. Chongqing has posted double-digit economic growth for more than a decade and in 2019, Chongqing posted a GDP growth of 6.3% Y-o-Y to RMB 2,361 billion in 2019.

ADERA's first MOU and letter of intent relates to the development of the first supply chain financing platform for cross border trade activities between Singapore and Chongqing.

Utilising ADERA's blockchain solutions and technology capabilities, the supply chain financing platform will be jointly developed together with two established Chinese partners, Chongqing JiangBeiZui CBD investment Group, a state-owned enterprise, and CCIF Pte Ltd, a state-related business agency.

In addition, the supply chain financing platform has obtained the support from major Chinese institutions in the banking and trade industries that comprise of Bank of Chongqing, YuMaoTong Foreign Trade Service Platform and Chongqing Tianlian Citrus Network Technology Co. Ltd.

To facilitate a greater volume trade activities between Singapore and Chongqing and improve efficiency between business enterprises in both countries, the blockchain-based supply chain financing platform will integrate multiple e-invoicing standards in China to conform to the PEPPOL e-invoicing standard that is recognised internationally.

With enhanced accountability and transparency via the supply chain financing platform, it can foster greater trust and confidence between financing institutions and transacting parties, leading to lower risks to business transactions and faster access to financing.

The pilot supply chain financing platform is expected to be introduced by the end of 2020 and there is potential to replicate the platform across other key markets in China and connecting more business enterprises and transactions between China and Singapore.

The second MOU is signed between ADERA and Chongqing Bishan District Government to establish a fintech and data centre, spearheaded by ADERA, which will be located in Bishan, Chongqing. The fintech and data centre will focus on the development of fintech solutions, artificial intelligence, and secured data capabilities, amongst other new technology innovations.

Commenting on these milestones, Mr. Lennon Tan, Chairman of ADERA, said: "The MOUs and letter of intent reflect our strong commitment to serve the business communities in both Chongqing and Singapore with our technology innovations and deep industry experience.

Working together with our established MOU partners in Chongqing, we look forward to develop an enhanced ecosystem of trust that transcends geographical barriers and creates new value propositions that will benefit stakeholders.

Paving the way for the mainstream adoption for digitised supply chain documentation and data integration, we believe that our blockchain-based supply chain financing platform will lead to a higher volume of cross border trades and faster access to supply chain financing while lowering risks at the same time among transacting parties."

Mr. Lennon Tan, added, "Sharing a common vision of developing and commercialising new technology innovations with the district government in Bishan Chongqing, our fintech and data centre in Chongqing aims to be a gateway to enable more advanced technology applications to create a more inclusive community."

Showcasing ADERA's Latest Fintech and Digitalisation Innovations in SMART CHINA EXPO 2020

In addition, ADERA is participating in the SMART CHINA EXPO 2020, which is an annual gathering for international enterprises, industry leaders, scholars and experts, and government officials to share and explore the latest developments in the fields of smart technology, smart industry, smart manufacturing, and smart application.

Due to the COVID-19 pandemic, SMART CHINA EXPO 2020 has been transformed into a virtual platform and ADERA will be showcasing its latest fintech and digitalisation innovations in the following areas:

– Blockchain driven cross-border e-invoicing & supply chain platform
– Digital identity solutions enabling enrolment to verification
– Fintech transformation for banking institutions with workflow automation & intelligent kiosk
– Biometric contactless attendance and temperature-taking system with contact tracing
capabilities

About Adera Global Pte Ltd ("ADERA")

Serving global banks, financial institutions, telecommunications and government agencies around the world, ADERA is a financial services technology group headquartered in Singapore providing a platform of innovative fintech, digitalisation and data security solutions.

With an established track record of more than 35 years, ADERA aims to enable our customers to digitalise and enhance their business models to broaden access to new markets, improve end- users experience and develop greater business efficiency.

For more information, please visit ADERA website: https://aderaglobal.com

Issued on behalf of Adera Global Pte. Ltd. by 8PR Asia Pte Ltd.

Media Contact:
Mr. Alex TAN
Mobile: +65 9451 5252
Email: alex.tan@8prasia.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

JCB and Viva Wallet Expand Collaboration Across Europe

Vienna & Tokyo, Aug 25, 2020 – (ACN Newswire) – JCB and Viva Wallet announce an extended European roll-out, which will enable contact and contactless payment between Viva Wallet's European merchants and JCB's 140 million cardmembers through both face-to-face and online commerce transactions.

The roll-out will be extended with an additional 6 European nations, over and above the 17 countries which have already been enabled, from September 2020. This means that Viva Wallet will bring JCB acceptance to merchants spanning a total of 23 countries across Europe from late 2020.

This collaboration will support around 80,000 merchants in Greece, more than 3,000 merchants in Belgium, and more than 6,000 merchants in the United Kingdom (and other countries) across multiple industries including retail, food, and transportation.

In 2019, JCB and Viva Wallet shared their joint enablement plans, which were initially geared to serving merchants across 12 European countries, but through an extended roll-out would bring JCB acceptance to a new total of 17 various nations across Europe.

JCB Contactless provides cardmembers with a secure, fast solution for making payments at convenience and grocery stores, taxis, as well as other retail purchases. Merchants will now be able to increase their brand footprint and welcome sales from 24 countries and territories where JCB cards are issued, including Japan, China, Korea, Thailand.

Over and above streamlining face-to-face transactions, this partnership will enable online JCB acceptance with J/Secure™1.0 (based on Visa's 3-D Secure Core Protocol Specifications). J/Secure™1.0 is designed to be an additional security layer for cardmembers' online credit and debit card transactions and provides cardmembers with a safe purchase experience. J/Secure™2.0 (based on the EMV 3-D Secure Protocol and Core Functions Specification) is set to follow the additional September 2020 expansion.

Mr. Makis Antypas, CIO and Co-Founder of Viva Wallet, said: "We always strive to combine our cloud-based processing infrastructure, our multiple principal memberships for acquiring and issuing services, and our participation in various payment systems across Europe, to benefit our merchant base making their payments' journey as seamless as possible. We are very excited about our partnership with JCB, and we welcome their cardmembers, not only to make easier and faster online and offline payments, but also to accommodate the increasing demand for alternative payments methods in Europe, something not many other payment providers can support."

Mr. Thomas Heigl, Senior Vice President, Sales and Marketing, JCB International (Europe) Ltd., said "We're thrilled to partner with Viva Wallet and to welcome increased, secure sales for Viva Wallet's merchants across 17 European countries. This is a key achievement for us as we increase JCB cardmember acceptance in both brick and mortar establishments and through e-commerce transactions. The opportunity to extend into other territories from September 2020 is one we look forward to also."

About EMV®

EMV® is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo.

About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes 34 million merchants and over a million cash advance locations in the world. JCB cards are now issued in 24 countries and territories with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. Visit www.global.jcb/en/ and www.jcbeurope.eu.

About Viva Wallet

Viva Wallet are a global cloud-based digital payments factory with a localised mindset and configuration. Their mission is to change how businesses pay and get paid, and they aim to be the first payment provider that is entirely cloud-based, ensuring 24/7 uninterrupted service across Europe. Customers using a Viva Wallet card reader or payment gateway, along with a Viva Wallet Business Account, can earn back acceptance fees by making payments using their Viva Debit Card. Visit www.vivawallet.com.

JCB Press Office:

JCB International/Europe
Contact: India Stone
Email: istone@jcbeurope.eu
Phone: +44 020 7087 4754

JCB (Head Office in Japan)
Contact: Kumiko Kida, Ayaka Nakajima
Email: jcb-pr@jcb.co.jp
Phone: +81 3 5778 8353

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

JCB and Mcredit launched Mcredit JCB Credit Card in Vietnam

Hanoi & Tokyo, Aug 17, 2020 – (ACN Newswire) – MB SHINSEI Finance Limited Liability Company (Mcredit) – one of the leading consumer finance companies in Vietnam and JCB International Co, Ltd. (JCBI) – the international operations subsidiary of JCB Co., Ltd., announced the launch of the Mcredit JCB Credit Card.



JCB Credit Card (Standard)


JCB Credit Card (Gold)



The new Mcredit JCB Credit Card is the very first JCB card launched in collaboration with a finance company in the Vietnamese market and offers 2 different card grades: standard and gold card. The holders of Mcredit JCB Credit Card can access the JCB acceptance network globally with about 34 million merchants and over a million ATMs in the world.

The card offers high security transactions with an EMVCo standard chip and 3-D Secure technology. Mcredit JCB Credit cardmembers also enjoy a number of attractive features and exclusive benefits, such as JCB PLAZA in several world-class destinations and especially the lowest withdrawal fee in the market at only 1.5% of the withdrawal amount. The issuing requirements are also very simple with the submission of the applicant's personal ID and his or her family register book only. Mcredit JCB Credit cardmembers also enjoy zero interest installment at more than 40,000 online and offline merchants in Vietnam.

About Mcredit

The MB Shinsei Finance Limited Liability Company (Mcredit) is a joint venture, with the two major shareholders being the Military Commercial Joint Stock Bank (MB) and Shinsei Bank (Japan). As a member of the Military Commercial Joint Stock Bank – a reputable financial group in Vietnam for 25 years – Mcredit has been supported from a network of service points, partnerships, and customer relations systems. With Shinsei Bank's more than 50 years of experience in risk management and development of operating procedures in Japan, Mcredit has inherited an advanced service model for customers.

By the end of the first quarter of 2020, Mcredit's market share of customer loans maintained top 4 of the market with revenue of nearly 10,000 billion VND, increasing by 36% over the same period of 2019. In 2020, besides challenging business goals, Mcredit focuses on improving governance and operations to optimize processes and operational efficiency. At the same time, Mcredit will take priority to take advantage of information technology system to gradually deploy digital business and application of artificial intelligence, maintaining the top 4 leading consumer finance companies in Vietnam.

About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes over 34 million merchants and over a million cash advance locations in the world. JCB cards are now issued in 24 countries and territories, with more than 140 million cardmembers.

As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information: www.global.jcb/en/

Contact
JCB
Kumiko Kida, Ayaka Nakajima
Corporate Communications
Tel: +81-3-5778-8353
Email: jcb-pr@jcb.co.jp

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

PJSCB Orient Finans to start accepting JCB across the Republic of Uzbekistan

Tokyo & Tashkent, Aug 13, 2020 – (ACN Newswire) – JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., and PJSCB Orient Finans are pleased to announce the start of JCB merchant acquiring operations across Uzbekistan. PJSCB Orient Finans has become the first bank in Uzbekistan to launch merchant acquiring operations for JCB, Japan's only international payment brand.

Private Joint-Stock Commercial Bank "Orient Finans" (Orient Finans Bank) was founded in 2010 and it is a full-fledged universal financial institution in the banking services market in the Republic of Uzbekistan. The reliability of the bank's financial position is confirmed by the credit ratings of international and national rating agencies. Orient Finans Bank will start the acceptance of JCB to expand the possibilities of servicing the international payment cards.

JCB is one of the leading international payment brands, founded in Japan in 1961. As a comprehensive payment solution provider, JCB commits to provide responsive and high-quality service and products to all customers worldwide.

After implementing merchant acquiring operations in autumn 2020, JCB cardholders traveling to Uzbekistan will be able to make payments comfortably at merchants using their JCB cards, as well as withdraw cash using the Bank's ATM network throughout the Republic of Uzbekistan.

This partnership will also allow merchants in the Orient Finans Bank acquiring network to gain new sales opportunities with the global financial brand through its traditional merchant acquiring and e-commerce transactions.

About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes over 34 million merchants and over a million cash advance locations in the world. JCB cards are now issued in 24 countries and territories, with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information: www.global.jcb/en/

About PJSCB "Orient Finans".

Private Joint-Stock Commercial Bank "Orient Finans" was founded in 2010 and is a full-fledged universal financial institution in the banking services market of the Republic of Uzbekistan. The bank actively cooperates with major financial institutions of the world. The presence of correspondent accounts in the largest international banks allows clients to quickly carry out international transactions and documentary operations.

Contacts
JCB
Kumiko Kida, Ayaka Nakajima
Corporate Communications
Tel: +81-3-5778-8353
Email: jcb-pr@jcb.co.jp

PJSCB "Orient Finans".
Gavhar Shamshiddinova
Marketing Department
Tel: +99 871-205-55-55
Email: g.shamshiddinova@ofb.uz

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

JCB and Agribank to issue JCB Ultimate Credit and Debit Cards

Hanoi & Tokyo, Aug 11, 2020 – (ACN Newswire) – Vietnam Bank for Agriculture and Rural Development (Agribank), one of the leading commercial banks in Vietnam, and JCB International Co, Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., announced the launch of Agribank JCB Ultimate Credit and Debit Cards today.



Agribank JCB Ultimate Credit Card


Agribank JCB Debit Card



Ultimate Credit Card is the highest line of JCB for individual customers in Vietnam with special promotion and premium privileges. Agribank JCB Ultimate Card holders will enjoy global travel insurance, one special and complimentary dish at selected high-end Japanese restaurants in Vietnam, up to 100% off green fee at 10 luxury golf courses and one free stay at FLC Golf Resorts group and free access to over 70 international airport lounges in Vietnam, Thailand, Singapore, Malaysia, Korea, Japan, Hong Kong, China, United Kingdom and Hawaii.

Agribank JCB Debit Card is also launched at the same time with very attractive card design, the lucky cat symbol from Japan. The cardholders also enjoy various benefits such as withdrawal insurance at ATM, special discounts at more than 100 high-end restaurants, free access to JCB Plaza overseas customer service centers.

Furthermore, the holders of Agribank JCB Card can access JCB acceptance network globally with about 34 million merchants and over a million ATMs in the world, enjoy special privileges at selected merchants and customer service at JCB Plaza around the world.

About Agribank

Vietnam Bank for Agriculture and Rural Development (Agribank) is the only 100% state-owned commercial bank in Vietnam. Throughout its development, Agribank has always been the largest bank in Vietnam in terms of total assets, operating network and customer base.

Throughout 32 years of development, Agribank has always affirmed its position and role as one of the leading commercial banks in Vietnam. For many consecutive years, Agribank has been in the Top 10 largest enterprises in Vietnam and won many awards from international organizations.

Agribank is currently focusing on effectively implementing the Business Strategy for the 2016-2020 period, with a vision to 2030, successfully implementing the phase two restructuring associated with the task of speeding up the implementation of the Agribank equitization plan under the Prime Minister's Decision, maintaining its leading position in the agricultural and rural financial market, making positive contributions to promoting socio-economic development of the country. www.agribank.com.vn/en/ve-agribank.

About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes over 34 million merchants and over a million cash advance locations in the world. JCB cards are now issued in 24 countries and territories, with more than 140 million cardmembers.

As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information: www.global.jcb/en/

Contacts
JCB Co., Ltd.
Kumiko Kida, Ayaka Nakajima
Corporate Communications Department
Tel: +81-3-5778-8353
E-Mail: jcb-pr@jcb.co.jp


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

JCB and Shopee announce strategic partnership to offer greater flexibility and savings to Southeast Asian online shoppers

SINGAPORE & TOKYO, Jul 21, 2020 – (ACN Newswire) – Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, and JCB International Co. Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., enter into a regional agreement to provide online merchants and shoppers with enhanced payment options. Through this collaboration, the two homegrown Asian brands will jointly provide quality e-commerce and payments services for the Southeast Asian market.





The partnership will launch in July 2020 in Indonesia, Thailand and Vietnam, followed by Singapore and the Philippines in the following months. JCB will offer year-round and seasonal discounts and an additional safe and secure payment method for shoppers. Shopee will also promote participating stores that support JCB.

Yoshiki Kaneko, President and Chief Operating Officer, JCB International Co., Ltd. said, "JCB is proud to be working with Shopee, a market leader in e-commerce segment, as we further commit to supporting our customers in the fast-growing Southeast Asia region. In particular, as consumer shopping habits shift to online and businesses digitalise their activities, we want to be able to further cater to these evolving needs. Over the past 10 years, Southeast Asia has been a growth market for JCB and we're confident that together with Shopee, we can provide high-quality payments services for businesses and consumers, and continue to grow together with the region. Going forward, JCB and Shopee will continue to provide attractive and convenient services for our customers."

A joint report by Google, Temasek and Bain & Company, found that the Southeast Asia internet economy has soared to $100 billion in 2019, more than tripling in size over the last four years. By 2025, the region's internet economy is expected to grow to $300 billion. The report also estimates that 150 million Southeast Asians have bought or sold things online, up three times from 2015[1].

Terence Pang, Chief Operating Officer, Shopee, said: "We are honoured to be a strategic business partner with JCB. As homegrown brands, both Shopee and JCB are deeply committed to supporting local Southeast Asian markets and businesses. This partnership further strengthens our ecosystem to enable brands and sellers in Southeast Asia to capture the opportunities in online commerce. For our shoppers, they will benefit from having another secure payment method and enjoy additional promotions. This is even more crucial in this new normal as commerce is increasingly done online and we need to be able to support diverse habits and preferences. We believe that JCB will bring added value to our ecosystem and look forward to accelerating the digital economy in Southeast Asia together."

Shopee has experienced good growth in Q1 2020. According to App Annie, in Southeast Asia and Taiwan, Shopee emerged as the top in the Shopping category by average monthly active users and downloads, and also the total time spent in-app on Android. With more Southeast Asian consumers going online through their mobile, Shopee is also focused on driving digital payments in the region. In 2019, Shoppe launched ShopeePay, its own integrated mobile wallet.

JCB, the only international payment brand born in Japan, started its overseas expansion in 1981 by building acceptance of travel destinations for Japanese card members. Since the early 2000s, JCB has focused on expanding its international issuing business to Asian markets, and especially for the last ten years, JCB has been committed to, and has focused its efforts on the fast-growing Southwest Asian market. And its card members in Thailand, Vietnam, Indonesia, the Philippines, Myanmar and Singapore have more than doubled between 2017 and 2019. JCB is pushing forward the e-commerce segment, which is showing a remarkable progress because of economic growth and the diversification of lifestyles in recent years. JCB is also actively adopting new technologies to enhance customer's payment experience including contactless technology which is used for payments such as public transportation.

[1] "e-Conomy SEA 2019 report."
https://www.blog.google/documents/47/SEA_Internet_Economy_Report_2019.pdf. Accessed 2 Jul. 2020.

About Shopee

Shopee is the leading e-commerce platform in Southeast Asia and Taiwan. It was launched in 7 markets in 2015 to connect consumers, sellers, and businesses in the region.

Shopee offers an easy, secure, and engaging experience that is enjoyed by millions of people daily. It offers a wide product assortment, supported by integrated payments and logistics, as well as popular entertainment features tailored for each market. Shopee is also a key contributor to the region's digital economy with a firm commitment to helping brands and entrepreneurs succeed in e-commerce.

Shopee is a part of Sea Limited (NYSE:SE), a leading global consumer internet company. In addition to Shopee, Sea's other core businesses include its digital entertainment arm, Garena, and digital financial services arm, SeaMoney. Sea's mission is to better the lives of consumers and small businesses with technology.

About JCB

JCB is a global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 34 million merchants as well as cash advance locations around the world. JCB cards are now issued in 24 countries and territories, with more than 140 million cardmembers. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/

Contact

JCB Co., Ltd.
Kumiko Kida, Ayaka Nakajima
Corporate Communications Department
Tel: +81-3-5778-8353
E-Mail: jcb-pr@jcb.co.jp

Shopee
Scott Lai
Regional Marketing – PR
Tel: +65 9819 2323
E-Mail: scott.lai@shopee.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Episode Six Secures $7 Million to Accelerate Global Growth as Demand for Digital Transformation Increases

AUSTIN, TX / ACCESSWIRE, Jul 21, 2020 – (ACN Newswire) – Episode Six, a next-generation financial technology provider, today announced that it has secured $7 million of its Series A funding. The round was led by HSBC and includes investments from Mastercard and SBI Investment Co., Ltd., which first invested in Episode Six through its FinTech Business Innovation Fund in 2017.

"Financial institutions and innovators in other industries like healthcare are beginning to realize the constraints of legacy technology, especially given the increasing demand for new products and streamlined efficiencies," said Episode Six CEO John Mitchell. "We have developed financial technology which, via more than 500 APIs, facilitates that next level of configurability for companies looking to digitize their account and payments infrastructure or launch new products and solutions. We are pleased our investors share the same vision of helping businesses bring their offerings into the future."

In the past year, Episode Six has expanded its footprint in three of the world's largest financial markets – Tokyo, Singapore and London, and rolled out its latest technology enhancements, IONIC and Vertices, which allow for unprecedented flexibility and innovation in creating state-of-the-art, customer-centric financial and payments products. With this new funding, Episode Six will continue to grow and expand globally, delivering enhanced technology that powers digital transformation for companies and institutions in financial services, fintech, health tech and more.

"Episode Six has proven the power of its technology in Asia-Pacific, helping us develop digital wallet propositions to better serve our customers," said Brian McKenney, Chief Innovation Officer of HSBC's Global Liquidity and Cash Management division. "We look forward to exploring opportunities for expanding our product roadmap with Episode Six across other markets in the future."

Jason Lane, Executive Vice President, Market Development Europe at Mastercard noted: "Mastercard is committed to drive the digital economy making lives simple, seamless and secure. Fostering innovative banking services is essential for us to realize this commitment. To that end, we're pleased to support Episode Six in its endeavor to expand its activities in Europe."

Currently, 3 million consumers and businesses use products built using Episode Six technology. DLA Piper, a multinational law firm, served as counsel for the Company's Series A. For more on Episode Six's future-proofed financial technology, visit www.episodesix.com.

About Episode Six

Episode Six provides a next-generation financial technology platform for creating innovative and differentiated financial and payments products for consumers and businesses, enabling financial institutions, fintechs and other innovative companies to serve their customers better. Episode Six was founded by payments pioneers with the mission of redefining what is possible in the financial services and payments industries – industries that are increasingly burdened with inflexible legacy technology, which severely limits product evolution and innovation. Episode Six's proprietary, innovative technology was built from scratch and was architected to be future-proofed. It provides unparalleled product customization and on-demand product management capabilities. It is portable and compatible for use anywhere in the world with easy installation, integration and connection facilitated by an extensive and comprehensive set of APIs. Episode Six makes it possible for companies of all sizes to effortlessly design and manage products that consumers and businesses want and need. For more information, visit www.EpisodeSix.com.

Media Contact:
Michelle Mead
Caliber Corporate Advisers
michelle@calibercorporate.com
(888) 550-6385 ext. 7

SOURCE: Episode Six

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Saudi Payments, JCB hold partnership to enable the acceptance of its cards through “mada”

Riyadh & Tokyo, Jul 21, 2020 – (ACN Newswire) – Saudi Payments, Saudi Arabian Monetary Authority (SAMA) subsidiary, and the operator of national payment network (mada), has partnered with JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co. Ltd., to enable the acceptance of JCB cards in the Kingdom as part of its policy in opening the way for global payment companies and systems to enter the local market in order to support its strategy to enrich the payments environment in the Kingdom and provide modern payment methods in a way that reduces cash and raising the level of competition in this sector, in addition to its consistency with the goals of Vision 2030 in serving religious visitors and tourists and providing them with various payment methods.

This partnership will enable mada network to accept JCB payments through the platform. This will facilitate local acquiring banks to accept JCB cards through their network of Point of Sale Terminals and ATM terminals deployed throughout Saudi Arabia and also provide greater convenience for JCB's growing cardholders in Islamic markets such as Indonesia.

As part of its commitment and confidence in the Kingdom's ever-expanding payments ecosystem, JCB will also be opening an office in Riyadh to develop and enhance its presence in the Saudi Arabian market.

"Saudi Arabia is the most significant market for JCB to expand the issuance of JCB cards in the Islamic region. Saudi Arabia is one of the most important travel destination for our cardholders. With the Kingdom's enhanced Vision 2030 strategy and the ever-increasing close ties between Saudi Arabia and Japan, I am delighted that we have entered into this partnership with Saudi Payments for the acceptance of JCB cards," said Mr. Yoshiki Kaneko, President and COO of JCBI. "Over the coming months we will be announcing partnerships with local banks to expand our acceptance infrastructure in Saudi Arabia, to cater for both the business and touristic needs of our cardholders."

Ziad Al Yousef, Managing Director of Saudi Payments said: "This partnership is vital step to enhance the digital payment infrastructure in the Kingdom, by providing more options for customers. At the same time, our partnership with JCB aims to enable mada network to accept JCB cards, which will be used through sale points. Based on this step, we seek to transform our society into a less cash dependent."

About Saudi Payments

Saudi Payments, a wholly owned subsidiary of the Saudi Arabian Monetary Authority, was founded to operate and develop all major national payment systems.

Since its establishment in 1991 under the name of the "General Department of Payment Systems" at the Monetary Authority, the real launch of Saudi Payments as a Company came in 2018 has played a vital role in enabling the public and private sectors to connect with domestic and international payment services, helping to develop the Kingdom's payment infrastructure.

Saudi Payments provides fast, flexible, and safe electronic payment services at low cost, through mada, Sadad, Esal and Sarie systems, enhancing the national electronic payment infrastructure and reducing cash transactions.

Saudi Payments supports the government's Financial Sector Development Program, a part of the Kingdom's Vision 2030 Program. Saudi Payments operates to international standards, connecting local and international service providers with payment networks, reducing the need for cash payments.

About JCB

JCB is a global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 34 million merchants as well as cash advance locations around the world. JCB cards are now issued in 24 countries and territories, with more than 140 million cardmembers. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. www.global.jcb/en/

For more information for media:

JCB
Kumiko Kida, Ayaka Nakajima
Corporate Communications
Tel: +81-3-5778-8353
Email: jcb-pr@jcb.co.jp

SAUDI PAYMENTS
Showmer Alshowmer
External Communication Manager
Saalshowmer@saudipayments.com
T +966-11-8292000-2045

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

JCB and Nexi in partnership to increase security for international e-commerce spend

Rome & Tokyo, Jul 14, 2020 – (ACN Newswire) – Nexi and JCB have collaborated to reduce the stress of social distancing and travel restrictions caused by the recent healthcare emergency by making it easier for merchants to 'get close' to their customers – specifically Asian-Pacific buyers – by securely facilitating online payments.

J/Secure™ 2.0, which is JCB's payment authentication programme, will enable safe online shopping from a merchant's website, or mobile application and will be live for the first time in Europe. It will be available to JCB's 140+ million cardmembers, while they check out virtually from their favourite Italian brand.

Dirk Pinamonti, Head of ecommerce di Nexi comments, "Introducing J/Secure 2.0 to our platform is yet another step toward furthering our commitment to evolve security measures and further pave the way to enable more innovative measures with payment partners, with an international profile, in Italy. This hi-tech JCB technology will safeguard the global online shopping experience at such a critical time – when travelling into Italy and Europe to purchase luxury items may not otherwise be an option."

J/Secure 2.0 is compliant with the EMV® 3-D Secure Protocol and Core Functions Specification and protects cardmembers from identity deception. It will also act as a major gateway into Asia for high-value Italian merchants wanting to expand their customer base across geographical borders and to 'virtual' tourists.

Mr. Tsuyoshi Notani, Managing Director, JCB International (Europe) Ltd., adds, "The payment industry is fulfilling an increasingly important role in the economic development of an uncertain era, where diversifying the way in which we meet customer needs is essential. This partnership with Nexi has enabled JCB to use our advanced technologies to find an innovative way to open the door for the increased exchange of global e-commerce transactions between Europe and our 140+ million cardmembers. Though the SCA compliant deadline was postponed to June 2021 by EU authorities, the secured e-commerce is consumer demand and emerging in the current age. This initiative with NEXI, a European scale payment leader, can drive Asian consumer spending, including mobile payment, at Italian merchants, which will be followed by European merchants. We are proud to commence it together with NEXI, and overcome challenges under the recent severe situation."

About EMV®

EMV® is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo.

About NEXI

Nexi is the leading PayTech company in Italy, listed on MTA of Borsa Italiana. They operate in strong partnership with 150 partner banks. Nexi's integrated end-to-end omni-channel technology connects banks, merchants and consumers enabling digital payments. They help simplify payments for their clients and digitalise the Italian economy. Nexi operates in three market areas: Merchant Services & Solutions, Cards & Digital Payments and Digital Banking Solutions.

About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes over 34 million merchants and over a million cash advance locations in the world. JCB cards are now issued in 24 countries and territories, with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase merchant coverage and Cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information: www.global.jcb/en/

Press Contacts:

JCB International/Europe
Contact: India Stone
Email: istone@jcbeurope.eu
Phone: +44 020 7087 4754

JCB (Head Office in Japan)
Contact: Kumiko Kida, Ayaka Nakajima
Email: jcb-pr@jcb.co.jp
Phone: +81 3 5778 8353

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

VIET CAPITAL BANK and 7-ELEVEN VIETNAM Launch JCB CARD

Ho Chi Minh and Tokyo, Jul 6, 2020 – (ACN Newswire) – Viet Capital Commercial Joint Stock Bank (Viet Capital Bank), a major commercial bank in Vietnam, Seven System Viet Nam Jsc (7-Eleven Viet Nam), a worldwide convenient supermarket, and JCB International Co. Ltd. (JCBI), the international operations subsidiary of JCB Co.,Ltd., today announced the launch of Viet Capital Bank JCB 7-Eleven Credit Card.



Viet Capital Bank JCB 7-Eleven Credit Card



A great population of more than 90 million people, Vietnam is considered an attractive market for consumer goods. Vietnamese people likely change the habit in purchasing consumer goods, need to be convinced and purchase all the time 24/7. That's causing the rapidly opening of convenience store.

7-Eleven Vietnam is evaluated as a reputation convenience store, in which developing utilities especially in diversifying the payment, and increasing the loyalty of customer, the co-branded card is launched.

As Viet Capital Bank and 7-Eleven Vietnam exploring,
– 7-Eleven Vietnam expect to operate 1000 stores by 2027.
– This is the first co-branded card of convenience store in Viet Nam.
– With the first step of the campaign, Viet Capital Bank and 7-Eleven Vietnam will prioritize and specifically focus on those group customers are currently member of 7-Eleven Vietnam.

The cardholders can access the JCB acceptance network with about 34 million merchants around the world, special privileges at selected merchants, and customer service at JCB Plaza, an overseas service counter.

In addition, Viet Capital Bank and 7-Eleven offers a lot of benefits with cardholders.
1) Free lifetime annual fee for cardholder, grace period up to 55 days.
2) Loyalty program from 7-Eleven: 1 point for each 1,000 VND transaction amount in App 7REWARDS.
3) Loyalty program from Viet Capital Bank: 5 point for each 1,000 VND transaction amount.

About Viet Capital Bank

Viet Capital Commercial Joint Stock Bank was established in 1992. Over 27 years of operation, with many changes, up to now with the right business vision and strategy, Ban Viet Bank is gradually asserting its position on financial and banking market with the ability to flexibly meet the diverse needs of customers' products and services. The Bank has planned and implemented the Development Strategy for the period of 2016-2020 with the message "We started from YOU" to aim to become a modern, versatile, customer-oriented retail bank. especially individual customers and small and medium business customers.

About 7-Eleven Viet Nam

The first 7-Eleven store in Viet Nam opens in 2017, making Viet Nam the 19th country to host the world's largest convenience store chain.

Seven System Viet Nam (SSV) is the Master Franchisee of the 7-Eleven convenience store system in Viet Nam, based in Ho Chi Minh City. SSV is a group of dynamic professionals who relentlessly make great efforts every day to continue the success story of this iconic brand.

Our mission is to always put our customers first – bringing them fresh food, convenient products and essential services compatible with the culture and lifestyle of a modern and dynamic Viet Nam.

About JCB

JCB is a global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 34 million merchants as well as cash advance locations around the world. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/

Contact
JCB Co., Ltd.
Kumiko Kida, Ayaka Nakajima
Corporate Communications Department
Tel: +81-3-5778-8353
E-Mail: jcb-pr@jcb.co.jp

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