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Press Release

FIRST IN SINGAPORE – BitDATA Exchange the first to launch physical Digital Payment Token Service Centre in Singapore’s Central Business District

Published

5 years ago

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Following the launch of its mobile app in July  2021, BitDATA Exchange (BitEx) Singapore, a homegrown regulated digital assets exchange, continues to unfold milestones with the expansion of business operations in Singapore.

Located at the heart of Singapore’s Central Business District, BitEx has set up its first Over The Counter (OTC) service desk at GB Building, along Cecil Street on 26 September 2021. The OTC desk welcomes all walk-in queries and offers fuss-free account creation on the spot. As an MAS regulated entity, Know-Your-Customer (KYC) and Anti-Money Laundering (AML) are mandatory protocols and all these can be completed over the counter where customers can start trading after authentication is done.

“We are very excited about the launch of our OTC desk at such a prominent spot in Singapore. We finally established in Singapore in 2019 and we are very thankful to be granted an exemption by the MAS from holding a license under the Payment Services Act (“PS Act”) for providing digital payment token service. Our company goes by 3 core values which are – Secure, Regulated and Professional. We strive to provide the utmost quality service to all our customers who place their trust in us”, said Ken Wong, founder and CEO of BitEx.

FUSS-FREE FIAT-CRYPTO TRADING WITH BITEX

Trained account servicing personnels will walk customers through the onboarding process thoroughly and customers can start trading in 4 easy steps:-

  1. Provide required documents for identity verification
    1. Identity card, Proof of Residency, Bank Statement, Proof of Income/Funds
  2. Pricing quotation will be provided upon confirming customers’ preferred trade
  3. Transaction will then be completed by wire transfer of funds (FIAT) from the customer’s bank account
  4. Customers will receive their crypto assets in their wallets

Greater convenience with FAST deposit & withdrawal of funds

The latest update to the mobile app includes FAST deposit & withdrawal of funds with a nominal fee imposed and customers can tie their accounts to their debit or credit card in Singapore currency (SGD) to complete the top-up request.

With many other exciting chapters to unfold in 2022, BitEx is in talks with partners from the lifestyle industry, ranging from electronic mobile devices to networking sessions at F&B chains, the anticipation of  many other unprecedented upshift advancements goes on.

Operation details:

Opening hours: Monday to Friday, 9.00am to 12.00pm; 1.30pm to 6.00pm. Address: 143 Cecil Street, GB Building, Level 1 (Next to Huggs cafe)

About BitDATA Exchange (BitEx)

Your Trusted Portal for The Crypto-Asset World

Proudly founded in Singapore, BitDATA Exchange (BitEx) is built to provide an institutional-grade experience for our clients to trade crypto assets, including Bitcoin, Ethereum & Litecoin. BitEx’s purpose is to be a portal that brings together the world of crypto assets and finance for investors, traders, and crypto-enthusiasts. The BitEx trading platform is backed by cutting-edge technology to facilitate efficient high trading volume. We pay special attention to our clients by providing a user-centric portal with state-of-the-art security and a streamlined user experience. We are granted an exemption from holding a license under the Payment Services Act (“PS Act”) for providing digital payment  token service by The Monetary Authority of Singapore. (MAS). BitEx is also a member of the Singapore Fintech Association (SFA), the Association of Cryptocurrency Enterprises and Start-ups Singapore (ACCESS), and the Singapore Chinese Chamber of Commerce & Industry (SCCCI). For more information, visit www.bitex.sg

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Press Release

Freedom Holding Marks New Türkiye Milestone as Freedom Yatırım Secures Brokerage License

Published

1 hour ago

on

August 19, 2026

By

Istanbul, Turkey, August 19th, 2026, FinanceWire

Istanbul, Türkiye – August 18, 2026. Freedom Yatırım Menkul Değerler A.Ş., a subsidiary of Freedom Holding Corp. (NASDAQ: FRHC), has received an operating license from the Capital Markets Board of Türkiye (CMB). Freedom Yatırım has become the first broadly authorized foreign brokerage firm to receive such a license in Türkiye since 1992.

The license marks an important step in Freedom Holding Corp.’s expansion in Türkiye and supports its broader strategy to grow its brokerage business and international capital markets infrastructure in the country.

“Receiving this operating license is an important milestone for Freedom Holding Corp. It marks our entry into the Turkish brokerage market as the first broadly authorized foreign firm to receive such a license in 34 years,” said Timur Turlov, Founder and CEO of Freedom Holding Corp.

Freedom Holding Corp. operates through more than 200 offices in over 20 countries across North America, Europe, and Asia. According to its latest financial statements filed with the U.S. Securities and Exchange Commission (SEC), the company’s total assets stood at US$14 billion as of June 30, 2026. Brokerage remains one of its core business lines, accounting for approximately 39% of total net revenue.

Freedom Yatırım will draw on Freedom Holding Corp.’s international brokerage expertise, technology, and infrastructure as it prepares to launch investment services in Türkiye.

Connecting Türkiye with International Markets

Freedom Yatırım plans to offer more than traditional brokerage services. Using TraderNet, Freedom Holding Corp.’s proprietary trading platform, the company intends to build infrastructure that provides two-way access between the Turkish market and international capital markets.

For investors in Türkiye, the goal is to gradually broaden access to international markets through Freedom Holding Corp.’s global brokerage capabilities.

Freedom Yatırım has also completed its integration with Borsa İstanbul, giving clients across the Group’s international brokerage network access to investment opportunities in the Turkish market. The network has more than 870,000 client accounts.

Freedom Holding Corp. expects this infrastructure to help increase international participation in Türkiye’s capital markets and strengthen links between Borsa İstanbul and global financial markets.

Building an Integrated Digital Ecosystem

Freedom Holding Corp. recently completed the acquisition of a 99.32% stake in Turkish Bank A.Ş. through its subsidiary Freedom Finansal Hizmetler A.Ş. Following the acquisition, the bank’s shareholders approved the change of its trade name to Freedom Bank A.Ş.

Together, Freedom Bank and Freedom Yatırım are expected to form the core of Freedom Holding Corp.’s digital financial ecosystem in Türkiye, combining banking and investment services with other digital offerings.

“Our ambition in Türkiye goes beyond brokerage. We plan to build an integrated digital financial ecosystem around Freedom Bank and Freedom Yatırım, bringing banking, investment, and other digital services together over time. We will draw on our experience in Kazakhstan, where Freedom SuperApp already combines financial and everyday digital services within a single platform, while adapting the model to the needs of the Turkish market,” Turlov stated.

For the local team, the next stage will be to combine the Group’s international capabilities with expertise in the Turkish market.

“Türkiye is a long-term market for us. We want to combine the Group’s technology, financial strength, and international capital markets expertise with strong local knowledge to build a sustainable business here,” said Vladimir Pochekuev, Partner at Freedom Holding Corp. and Chairman of the Board of Directors of Freedom Yatırım Menkul Değerler A.Ş.

Pochekuev also expressed his appreciation to the Capital Markets Board of Türkiye for its constructive and professional engagement throughout the licensing process.

Preparing to Launch Operations

Following receipt of its operating license, Freedom Yatırım is continuing to prepare for the launch of full-scale operations in the Turkish market. The company is conducting comprehensive system testing and finalizing its operational readiness.

Freedom Yatırım intends to offer clients technology-driven, user-friendly investment services tailored to the regulatory requirements and specific needs of the Turkish market.

“Türkiye has a large and increasingly sophisticated investor base, with growing interest in diversifying portfolios across markets and asset classes. Our focus will be on combining access to international markets with strong local expertise and a high standard of client service,” said Vusal Mamedov, Senior Adviser to the Board of Directors of Freedom Yatırım.

About Freedom Yatırım Menkul Değerler A.Ş.

Freedom Yatırım Menkul Değerler A.Ş. operates under Freedom Finansal Hizmetler A.Ş., a wholly owned subsidiary of Freedom Holding Corp. The company received approval for its establishment from the Capital Markets Board of Türkiye (CMB) in 2025 and, upon completing all regulatory requirements, obtained its operating license in 2026 to provide brokerage services in Türkiye’s capital markets. Freedom Yatırım seeks to leverage its international expertise and in-depth understanding of the Turkish market to provide investors with innovative investment solutions.

About Freedom Holding Corp.

Freedom Holding Corp. provides financial services in 24 countries, including Kazakhstan, the United States, multiple EU countries, Uzbekistan, and Armenia. The Company’s principal executive office is located in New York City. In Kazakhstan, Freedom is actively developing its financial and digital ecosystem, which includes Freedom Bank, Freedom Broker, the insurance companies Freedom Life and Freedom insurance, as well as a lifestyle segment that features Arbuz.kz, Freedom Ticketon, and Aviata. Freedom Holding Corp. shares are traded on the U.S. technology exchange NASDAQ, the Kazakhstan Stock Exchange (KASE), and the Astana International Exchange (AIX) under the ticker symbol FRHC. Freedom Holding Corp. is regulated by the U.S. Securities and Exchange Commission (SEC) and the common stock is included in the Russell 3000 Index.

Contact

Head of Public Relations
Natalia Kharlashina
Freedom Holding Corp.
prglobal@ffin.kz
+77013641454

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Press Release

Hotel Price Index 2026 Released – Nearly 1 in 3 hotel comparisons showed price differences above 10%

Published

2 hours ago

on

August 19, 2026

By

Jersey City, NJ, USA — Travorio reviewed hotel prices across major booking platforms to see how often travelers can find a meaningful difference for the same property and travel dates. Travelers who want more flexibility can also book now, pay later hotels through supported payment options.

What we found

The study covered 394 hotel comparisons across 18 destinations. Rates were drawn from Booking.com, Expedia, and Hotels.com for a three-night stay in September 2026 for two adults.

Most comparisons were fairly close. The median difference between the lowest and highest available rate was 4%. The average difference was 8%.

The larger gaps are where comparison becomes useful. Twenty-nine percent of the searches showed a difference of more than 10%, and 10% showed a difference above 20%.

The largest gap in the sample was 106%, equal to $213, for the Elasophia Hotel in Istanbul.

Key numbers

Measure Result
Hotel comparisons included 394
Destinations reported 18
Median price gap 4%
Average price gap 8%
Comparisons with gap above 10% 29%
Comparisons with gap above 20% 10%
Largest observed gap 106% ($213)

Where the biggest differences appeared

The size of the price gap varied by destination. Istanbul and Bangkok stood out in this sample, while several North American and European cities showed much tighter pricing.

Destination Average gap Median gap Hotels compared
Istanbul, Turkey 20% 13% 22
Bangkok, Thailand 19% 15% 30
Tokyo, Japan 14% 13% 22
Marrakech, Morocco 12% 8% 18
Cancun, Mexico 12% 10% 24
Rome, Italy 9% 6% 26
Lisbon, Portugal 9% 7% 27
Toronto, Canada 6% 0% 11
Amsterdam, Netherlands 5% 3% 26
London, UK 5% 0% 30
Dubai, UAE 5% 0% 4
Paris, France 5% 1% 27
New York, USA 4% 0% 28
Barcelona, Spain 4% 2% 25
Singapore 2% 0% 18
Miami, USA 2% 0% 29
Doha, Qatar 2% 0% 26

Sample note: Dubai had only four hotels with rates from two or more platforms. Sydney, Melbourne, and Bali were not included in city-level reporting because there was not enough multi-platform data.

What the numbers mean for travelers

A 4% median gap means that many travelers will see only a small difference when they compare major booking sites. The more useful finding is that larger gaps still appeared often enough to matter.

In 29% of the comparisons, the difference was above 10%. On a $2,000 hotel booking, a 10% difference is $200. On a $4,000 stay, it is $400. Before booking, it can be worth a moment to compare hotel prices across a few sites.

Booking value 5% gap 10% gap 20% gap
$400 $20 $40 $80
$900 $45 $90 $180
$2,000 $100 $200 $400
$4,000 $200 $400 $800

Price variation by hotel rating

The widest average gaps in this sample appeared among 3-star hotels. The study did not test the cause, so these figures should be treated as a description of this dataset rather than a general rule about hotel categories.

Star rating Average gap Hotels compared
1-2 star 10% 20
3 star 12% 103
4 star 7% 125
5 star 6% 47

Why prices can differ

Hotel prices can vary from one booking platform to another because the platforms may receive inventory from different suppliers, use different promotions or markups, and update availability at different times.

  • Different supplier and distribution agreements
  • Platform-specific promotions and pricing
  • Changes in room availability
  • Taxes and mandatory fees
  • Breakfast and other inclusions
  • Cancellation and refund terms

The study compared total-stay prices in USD. It did not control for every room condition on every platform, so the lowest rate on one site was not always an identical room product to the lowest rate on another.

Methodology

The pricing data came from whhotel price aggregation API, which returned rates from Booking.com, Expedia, Hotels.com, and VRBO for matching hotel properties.

Check-in: September 8, 2026

Check-out: September 11, 2026

Stay length: 3 nights

Guests: 2 adults

Rooms: 1

Currency: USD

A total of 600 hotel searches were run across 20 destinations. Of those, 394 returned prices from at least two platforms and were included in the analysis. Eighteen destinations had enough data for city-level reporting.

Hotels were matched using property name and geographic coordinates. Properties appearing on only one platform were excluded. Member-only and loyalty rates were also excluded.

Limitations

  • Prices were captured at one point in time and may have changed afterward.
  • The study does not show that any one platform is consistently the cheapest.
  • The comparison used the lowest available rate per platform, not identical room categories in every case.
  • The main platforms represented were Booking.com, Expedia, and Hotels.com.
  • The study used one travel window and one length of stay. Other dates and booking windows may produce different results.

Bottom line

Most hotel price differences in this sample were modest. Still, nearly one in three comparisons showed a gap above 10%. That is large enough to matter on expensive or multi-night stays, and it is a practical reason to compare rates before booking.

About Travorio

Travorio is an online travel platform for hotels, flights, and event tickets. It also offers pay later hotels options in supported markets, including pay in 4 installments and cryptocurrency. Travorio compares hotel inventory from multiple travel supplier networks.

To learn more, visit travorio.com

Media Contact

Company Name: Travorio

Contact Person: Media Relations

Website: hi@travorio.com

Website: travorio.com

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Press Release

Tribal Partners with ServiceNow to Empower Enterprise Teams to Build and Deploy Apps & Agents

Published

15 hours ago

on

August 18, 2026

By

NEW YORK, NEW YORK, August 18th, 2026, FinanceWire

Tribal launches Tribal for ServiceNow, enabling enterprise teams – not just developers – to build and personalize AI where work already happens. 

Tribal today announced their partnership with ServiceNow to launch Tribal for ServiceNow. Through this collaboration, Tribal’s AI agents now support the ServiceNow AI Platform, helping teams maintain, migrate, and enhance their ecosystems. By mapping the platform with Tribal’s Metadata Fabric, users can build with full enterprise context, without breaking dependencies or business workflows.

When Tribal announced its $10 million seed round in May, expanding to ServiceNow was a strategic roadmap priority shaped by strong demand from CIOs. Just thirteen weeks later, ServiceNow support is live, advancing Tribal’s cross-platform reach across the enterprise’s most critical systems. 

The next phase of enterprise AI will not be defined by who deploys the most agents or AI assistants. It will be defined by who empowers the most people across the enterprise to build safely with AI. Tribal believes enterprise AI is entering the Builder Era: 

“Every enterprise has spent years shaping its systems around the way it works. AI should understand those systems and not force the company to start over. That is what Tribal brings to ServiceNow: the context people need to build on their existing systems faster and with confidence”, said Yoav Kolodner, CEO and Co-Founder, Tribal

Driven by strong demand from CIOs and enterprise technology teams, the ServiceNow integration marks the first step in Tribal’s broader strategy to extend its capabilities across systems of record and enable enterprises to build AI where work already happens. 

Gartner’s recent research on AI-augmented citizen development points to the same shift: as AI-powered development expands beyond software engineers, CIOs must enable more builders without sacrificing governance, security, or architectural integrity.* Enterprise systems need to adapt for AI-native work. Years of custom workflows, permissions, integrations, dependencies, and business rules make generic AI difficult to trust in production without the proper guardrails.

Tribal’s Metadata Fabric creates a shared, dependency-aware understanding of an enterprise across its systems of record – mapping objects, automations, permissions, business rules, and the relationships between them. That context powers metadata-native AI agents that can build production-ready applications, workflows, and automations in days, not quarters. The result is AI that adapts to the business, operates natively within each platform, and can extend across the enterprise rather than remaining trapped in a single system. 

With Tribal for ServiceNow, the people who know the business best, not just developers, can turn their operational knowledge into working AI applications while maintaining enterprise governance and oversight.

ServiceNow customers can now:

  • Accelerate workflows across requests, approvals, case management, and asset tracking while maintaining security, governance, and auditability.
  • Modernize legacy environments safely by migrating custom tables to standard ServiceNow architecture with full visibility into dependencies and downstream impact.
  • Build and deploy enterprise-native AI applications directly within ServiceNow, grounded in existing data, permissions, and business logic.

Enterprise technology leaders are confronting the same challenge as AI moves from pilot projects into production.

“What makes Tribal different is that it understands the actual enterprise environment – its workflows, permissions, dependencies, and business logic. That context gives teams a practical way to turn their expertise into governed AI applications”, said Tal Carmi, Chief Information Officer at WalkMe.

The first wave of enterprise AI rewarded experimentation. The next will reward organizations that empower more builders. The companies that move first will not simply use AI differently. They will build differently; at scale, while moving fast in production with full organizational context.

Enterprises interested in evaluating Tribal for ServiceNow or scheduling a personalized demonstration can visit https://gotribal.ai.

Read more about Tribal for ServiceNow: https://www.gotribal.ai/blog/mastering-servicenow-complexity-introducing-tribal-for-servicenow.

About Tribal

Tribal is an enterprise-native AI platform founded by Salesforce, Wix, and Spot.io veterans. Its context-aware AI agents learn the complete metadata graph of enterprise systems, including Salesforce, Snowflake and ServiceNow, so teams can build and deploy AI with full organizational context.

The result: development backlogs cleared up to 10x faster, maintenance costs reduced by up to 80%, and AI solutions that compliance and IT leaders can trust from day one.

For more information, visit https://gotribal.ai/.

*Based on Gartner research and webinar content concerning AI-augmented citizen development and the governance required to scale AI-powered building across the enterprise. Gartner does not endorse any vendor, product, or service.

ServiceNow, the ServiceNow logo, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries.

Frequently Asked Questions:

Q: Is this an official ServiceNow partnership?

A: Yes. Tribal is a ServiceNow partner, and Tribal for ServiceNow is live as of August 2026.

Q: Does Tribal replace ServiceNow’s native AI?

A: No. Tribal deploys native ServiceNow code and inherits the platform’s governance, RBAC and audit trails. What it adds is the customer’s own instance: the objects, business rules, permissions and dependencies that make a change safe or unsafe to ship.

Q: Which platforms does Tribal support?

A: Salesforce, Snowflake and ServiceNow today, with SAP, NetSuite and Workday on the roadmap.

Contact

Orian Tal
The Pitch PR
orian@thepitch.media

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Cloud PR Wire

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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