Financial Technology
UNObank clinches Philippines’ third digital bank license
Parent DigibankASIA will work alongside partners Mambu, Backbase, and AWS in developing its services.
UNObank clinches Philippines’ third digital bank license
Parent DigibankASIA will work alongside partners Mambu, Backbase, and AWS in developing its services.
Weekly Global News Wrap: Bank watchdog to consult crypto rules; Stablecoins must be regulated like payments, says BoE
And UBS' new digital wealth management platform pulls $3.7b in first year.
Philippine authorities file criminal raps against Wirecard's ex-COO, others
The respondents are accused violating banking, cybercrime and e-commerce laws.
Singapore’s fintech top-dog envisions city as Asian hub for capital raising: report
The country hit a record for fintech investments last year, and more is expected, says MAS’ Mohanty.
BRI Agro partners with Payfazz to offer digital banking solutions
Payfazz agents can now offer Pinang’s savings, lending solutions to their 10 million customers.
Indonesia mulls digital rupiah: report
The central bank is looking at how it will help monetary policy goals.
SB Finance, OneConnect to develop digital finance platform in the Philippines
It seeks to service the 65% of Filipinos who remain unbanked.
VCs flocking to "lucrative" APAC payments segment: report
Global VC deals rose to 620 in Q1 2021.
Ant Group’s valuation might fall to $29b amidst regulatory scrutiny: analyst
Pre-clampdown, the group’s valuation is at $320b, according to Bloomberg Intelligence.
ZA Tech opens Asia fintech centre in Singapore
It will focus on solving use-cases in insurance and financial services.
Australian comparison site Finder acquires GoBear brand
Earlier this year, GoBear had announced that it would shut down operations.
Singaporean customers more satisfied with e-wallets than banks in 2020
Customer satisfaction for e-wallets was higher than that of banks.
Tonik launches neobank in the Philippines
It offers up to 6% interest rate per annum.
Kuliza, Mambu launch digital lending solution for SEA, India
Kuliza's Lend.In allows financial firms to modernise their loan products.
New regulations imperil China's online microlenders
Additional schemes could stifle growth of cross-provincial borrowing.
China’s leading non-banking financial firms face the risk of antitrust...
Weekly Global News Wrap: Morgan Stanley offers bitcoin to wealth management clients; SLB market could hit $150b this year
And Barclays expands private banking unit to France and Italy.
How TranSwap helps SMEs expand overseas by cutting FX costs
Their solution was developed with API integration, which enables small transfers in large volumes to be credited in real-time.
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Generative AI’s role in the evolution of banking
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