With the Arrival of Three Senior Banking Executives, Starts off 2016 by Making a Splash in the Internet Finance Industry

Loh Long Hsiang, the former Deputy Head of Origination and Client Coverage at Standard Chartered Bank (China), Feng Ruibin, the former Deputy Chief Risk Officer at Ping An Puhui Finance, and Zhou Lili, the former General Counsel at HSBC (China) all joined the well-known Chinese internet finance company in the first week of 2016, as the Chief Operating Officer (COO), Chief Credit Officer (CCO) and Board Secretary & General Counsel, respectively.


Such a personnel change has invited open speculations since China’s Legislative Affairs Office of the State Council just released its Provisional Measures for the Administration of the Business Activities of Online Lending Information Intermediaries (Exposure Draft) (also known as the P2P Regulatory Rules that the industry has been paying close attention to) last week and is now seeking comments from the public.


Read more at PRNewswire

Graduway partners with Zeidman Development

Graduway today announced a strategic partnership with Zeidman Development, a leading Blackbaud product services company. Zeidman Development will provide a range of plugins to Graduway’s clients to ensure seamless flow of data between the Graduway platform and Blackbaud products such as Raiser’s Edge and BBCRM.


David Zeidman, Managing Director of Zeidman Development commented, ‘’We are delighted to be working with Graduway more strategically. We have already built and deployed a great plugin, Importacular, that makes it easy for Graduway universities and schools to feed contact and activity data directly from their Graduway platform into their The Raiser’s Edge. We look forward to expanding the product suite in 2016. ’’


Daniel Cohen, CEO of Graduway commented, ‘’Graduway and Zeidman are both technology partners of Blackbaud so it was natural for us to work together. We look forward to delivering excellent technology solutions for our mutual clients using Blackbaud products.’’

From Lending Club To China: Soul Htite Builds Top Chinese P2P Lending Site Dianrong

China is known as a difficult place for U.S. technology companies. Local market quirks have led Uber and LinkedIn LNKD +0.02% to operate differently here, while censorship rules have forced the likes of Google GOOGL -1.49%, Facebook FB -1.30% andTwitter TWTR -4.48% out of the country. But that didn’t stop Lending Club’s American co-founder Soul Htite from going to China. As the pull of the Chinese market became greater, Htite left the U.S. peer-to-peer lending site after its board didn’t fully support branching out to the country. He went ahead and in 2012 launched Chinese online lending site Dianrong with former lawyer and fund manager Kevin Guo, a long-time friend who is “instrumental” in convincing him of moving to China, Htite says.


Now with three million registered users, Dianrong has brokered about 7 billion yuan ($1.08 billion) in loans so far this year, a 16.7% increase compared with last year, according to Htite. It accepts investments as little as 100 yuan($15.48) and promises an annual return from 4.5% to 10%, according to its website. Htite says he wants Dianrong to broker about 30 billion yuan ($4.6 billion) in loans in about a year.


Read more at Forbes

ProgressPlay Expands Online Casino Network with

World-leading B2B mobile and PC white label casino provider ProgressPlay has signed a collaboration agreement with MadAbout Media Ltd to launch a new online casino brand as part of its proprietary network.

The new brand, PlayCasinoGames, features 339 PC games and 106 mobile games on its exciting website.  Players wowed by the action of land-based casinos will be thrilled by’s vast selection of real money online casino entertainment. This includes the newest slots and a wide selection of roulette, blackjack, baccarat and scratch cards. There’s fun for everyone, as pros can enjoy the live dealer tables and beginners can practice while playing the free casino games.  The site also features updated winner feeds.

As stipulated by the white label agreement, ProgressPlay will assist MadAbout Media Ltd solutions for various website and back-office needs, including player support and online payment services. ProgressPlay’s exclusive integration partnerships with some of the world’s foremost gaming developers like Microgaming, Cryptologic, NextGen, Genesis, Rabcat, among others, will benefit MadAbout Media Ltd. ProgressPlay’s network of online casinos all operate with superior mobile offerings and loading speed, modern-day graphics and unmatched player experience.

“ has teamed up with ProgressPlay to bring you an international gaming site with a difference. The huge range of games available to us along with the advantage of targeting multiple countries was the main reason we choose ProgressPlay as our software provider. The one-wallet system also enables players to play casino games on their desktop, mobile or tablet, and the site uses the latest HTML5 coding and App’s to bring gaming into the 21st century,” said Andy Edwards, owner of MadAbout Media Ltd.

Bizzabo Wins The ‘Oscars’ Of Event Technology

The Event Technology Awards is the biggest and most prestigious award show in the event tech industry. Bizzabo has won the two most prestigious awards at this year’s event- Best Event Management Software and Favorite Event Technology Supplier – The People’s Choice Award!

The judges involved in choosing the Best Event Management Software include Editor-in-Chief of Event Manager Blog, Director of Meetings at American Express Business Travel, and Vice President of Global Technology for JPMorgan Chase. After being shortlisted this July, the judges chose Bizzabo over nine other competitors.

In addition to winning Best Event Management Software, Bizzabo has won the Favorite Event Technology Supplier – The People’s Choice Award. This was the final Award award of the evening and is given to the event tech company with the most votes from fans and customers. This category had over 30 competitors.