MSME

PureSoftware expands its presence in Europe with its New Delivery Centre in Bucharest, Romania

Retrieved on: 
Friday, September 30, 2022

BUCHAREST, Romania, Sept. 30, 2022 /PRNewswire/ -- PureSoftware, a leading global software products and digital services company focused on fintech, 5G and digital transformation, announced the opening of its new delivery centre in Bucharest, Romania.

Key Points: 
  • BUCHAREST, Romania, Sept. 30, 2022 /PRNewswire/ -- PureSoftware, a leading global software products and digital services company focused on fintech, 5G and digital transformation, announced the opening of its new delivery centre in Bucharest, Romania.
  • This new delivery centre will further expand the reach of PureSoftware's digital solutions and its software products Arttha Fintech and Arttha5G in the continent.
  • The opening of the PureSoftware's Bucharest delivery centre will enable the company's vast employee base in the region to be more agile in responding to the evolving needs of its existing and growing client base in Romania, Europe.
  • Sameer Jain , Chief Business Office, PureSoftware, said, "In line with our aggressive expansion plans, we are excited to announce the opening of our delivery centre in Bucharest, Romania.

COVID relief innovation takes 2022 SAS Hackathon crown

Retrieved on: 
Tuesday, September 27, 2022

CARY, N.C., Sept. 27, 2022 /PRNewswire/ -- It's a conundrum faced by governments worldwide amid COVID-19 economic turbulence: how to distribute relief funds for maximum impact. During the month-long 2022 SAS Hackathon, a team of Indonesian data scientists and technology enthusiasts developed a solution now being implemented in Jakarta. Team JAKSTAT's platform, powered by machine learning, optimizes relief distribution to the region's millions of the micro, small and medium enterprises (MSMEs) that drive Indonesia's economy.

Key Points: 
  • During the month-long 2022 SAS Hackathon, a team of Indonesian data scientists and technology enthusiasts developed a solution now being implemented in Jakarta.
  • SAS names JAKSTAT's #data4good COVID relief innovation winner of annual hackathon.
  • "Optimizing the allocation of COVID relief is a challenge faced the world over," said Einar Halvorsen, Global Hackathon Lead at SAS.
  • SAS declared JAKSTAT's victory at the opening of AI and analytics conference SAS Explore 2022 .

Innovative fintech company service provider KPay completes US$10 million financing

Retrieved on: 
Monday, September 26, 2022

HONG KONG, Sept 26, 2022 - (ACN Newswire) - Fintech start-up KPay Merchant Service Limited ("KPay", or the "Company") is pleased to announce that it has recently completed a US$10 million financing round with the support of its founders.

Key Points: 
  • HONG KONG, Sept 26, 2022 - (ACN Newswire) - Fintech start-up KPay Merchant Service Limited ("KPay", or the "Company") is pleased to announce that it has recently completed a US$10 million financing round with the support of its founders.
  • KPay will use the funds raised to support product development and regional expansion, and is actively preparing for institutional round financing.
  • We have established three major business engines, namely, payment with KPay, B2B ecosystem with KConnect, and MSME financing with KFund.
  • Last year, the Company launched its first KPay electronic payment service to provide a one-stop transaction payment solution to merchants.

BRI Commits to its Share Buyback Program and Providing Optimal Dividends to Shareholders

Retrieved on: 
Wednesday, September 21, 2022

(IDX: BBRI) is providing optimal dividends to shareholders and implementing its share buyback program from 1 March 2022 until 31 August 2023.

Key Points: 
  • (IDX: BBRI) is providing optimal dividends to shareholders and implementing its share buyback program from 1 March 2022 until 31 August 2023.
  • BRI President Director Sunarso said, "With good capital management, BRI will continue to provide optimal dividends to shareholders.
  • For example, BRI paid 85% of 2021's net profit to shareholders as dividends in 2022."
  • In accordance with the Disclosure of Information Agreement, the buyback shares will be utilized for the BRILian Personnel (BRI Employee) Share Ownership Program.

Pertamina-assisted MSMEs pull in crowds at Tong Tong Fair

Retrieved on: 
Monday, September 19, 2022

Visitors check out handicraft products from Indonesia at the Tong Tong Fair, which was held in The Hague, Netherlands, from September 1-11, 2022.

Key Points: 
  • Visitors check out handicraft products from Indonesia at the Tong Tong Fair, which was held in The Hague, Netherlands, from September 1-11, 2022.
  • Indonesian Ambassador to the Netherlands, Mayerfas, welcomed the participation of Indonesian SOEs, which brought a number of MSME products to the annual Tong Tong Fair.
  • "What I never dreamed of was that my product could participate in the Tong Tong Fair in the Netherlands," said Endah Hariyani, owner of Cetak Godhong.
  • Vice president of CSR & SMEPP at Pertamina, Fajriyah Usman, said showcasing MSME products at the Tong Tong Fair 2022 was a complete success.

VEON’s Mobilink Microfinance Bank Promotes Financial Inclusion and Supports Farmers with Programmes to Drive Economic Prosperity in Pakistan

Retrieved on: 
Thursday, September 15, 2022

Mobilink Microfinance Bank Ltd. (MMBL) is VEONs financial services arm in Pakistan and the countrys largest digital bank.

Key Points: 
  • Mobilink Microfinance Bank Ltd. (MMBL) is VEONs financial services arm in Pakistan and the countrys largest digital bank.
  • Mobilink Microfinance Bank (MMBL) is introducing low-cost 4G handsets for its customers to drive participation in the digital economy among marginalized groups within the population.
  • For over 10 years, Mobilink Microfinance Bank has been playing a game-changing role in empowering marginalized and underserved communities in Pakistan, explains Ghazanfar Azzam, President & CEO of Mobilink Microfinance Bank.
  • About Mobilink Microfinance Bank Ltd.
    Mobilink Microfinance Bank Ltd. is Pakistans largest digital bank with over 40 million registered users including 16+ million monthly active mobile users.

India Prepaid Card and Digital Wallet Market Analysis/Opportunity Report 2022: Market to Reach $105.43 Billion by 2026 from $35.69 Billion in 2022, Growing at a CAGR of 31.1%

Retrieved on: 
Wednesday, September 7, 2022

The prepaid card market (value terms) in India increased at a CAGR of 19.9% during 2017-2021.

Key Points: 
  • The prepaid card market (value terms) in India increased at a CAGR of 19.9% during 2017-2021.
  • Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 31.1%, increasing from US$35.69 billion in 2022 to reach US$105.43 billion by 2026.
  • This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across retail and corporate consumer segments.
  • With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.

BRI Collaborates with PT Castrol Indonesia to Provide Banking Services to Lubricant Distributors and Outlets

Retrieved on: 
Wednesday, September 7, 2022

(IDX: BBRI) collaborates with PT Castrol Indonesia, an industrial and automotive lubricants company, to facilitate the company's transactions using BRI's Corporate Billing Management, Distributor Financing BRI Distribution and Outlet Financing services.

Key Points: 
  • (IDX: BBRI) collaborates with PT Castrol Indonesia, an industrial and automotive lubricants company, to facilitate the company's transactions using BRI's Corporate Billing Management, Distributor Financing BRI Distribution and Outlet Financing services.
  • The collaboration was initiated through the signing of the Banking Services Memorandum of Understanding (MoU) between Agus Noorsanto, Director of Institutional and Wholesale Business BRI; Arif Lukas Darmawan, Director of PT Castrol Indonesia; and Augustnine Adrianto, Director of PT Castrol Indonesia, on 1 September 2022 in Jakarta, Indonesia.
  • "We hope PT Castrol Indonesia and its business ecosystem can benefit from BRI's Distribution Financing, Outlet Financing, and banking transaction management facilities.
  • The agreement consists of the use of credit and banking services specifically intended for PT Castrol Indonesia's distributors and outlets.

BRI Continues to Empower MSMEs to Go Global by Bringing Their Products to the Tong Tong Fair

Retrieved on: 
Wednesday, September 7, 2022

Empowering MSMEs to compete in the global market is a long journey.

Key Points: 
  • Empowering MSMEs to compete in the global market is a long journey.
  • BRI has been taking part in educating MSMEs to implement professional financial management, marketing, branding to find stories behind their products thus increasing product uniqueness and competitiveness.
  • BRI continues to strive for local MSMEs to recognize their full potential and penetrate the global market.
  • One of our efforts is bringing them to the Tong-Tong Fair," said Amam Sukriyanto, Director of Small and Medium Business BRI.

BRI is Implementing a Buyback of Its Shares until August 2023

Retrieved on: 
Thursday, September 1, 2022

(IDX: BBRI) is implementing a buyback of its shares to a maximum total value of IDR 3 trillion from 1 March 2022 until 31 August 2023.

Key Points: 
  • (IDX: BBRI) is implementing a buyback of its shares to a maximum total value of IDR 3 trillion from 1 March 2022 until 31 August 2023.
  • BRI President Director Sunarso said that the company already considered the liquidity condition so as not to disrupt the company's finances.
  • "The buyback of BRI shares is projected to increase the motivation of BRI's employees to be more optimal in achieving targets, thus increasing the company's performance."
  • The buyback will support the company's growth as employees will be more motivated if they own shares of the company.