Financial Technology
UnionDigital Bank bags $16m more in capital
It will be utilised to grow its digital loan offerings.
How Mocasa is supercharging the Philippines' credit payments market
The credit payment service company is also developing a data-driven central credit bureau.
SEA gains 8.1 million new fintech users in Q1: study
Fintech penetration in the region was estimated at 83.3%.
Dah Sing Bank, YOOV partner for easy SME loan application
SME loan applications and approvals will be simplified.
Digital upskilling vital to Asian banking sector’s future
Coursera’s Raghav Gupta stresses the necessity of bridging the skills gap amid the rapid pace of digital transformation in the Asia Pacific banking...
Alipay, Mastercard enables visitors to transact digitally in China
Regardless of the origin of their Mastercard card, travellers can opt to choose this payment method.
HSBC’s PayMe allies with AsiaPay to offer merchant payment solutions
The collaboration attracts customers through versatile payment choices through a unified device.
Philippine digital bank Tonik hits 1 million customers
It furthers the bank toward its goal of financial inclusion in the country.
US SEC charges Binance for violations to securities law
The company and founder both misrepresented their restrictions on US customers.
OxPay and NomuPay ink partnership for market expansion
OxPay will be able to enter new markets where NomuPay already services.
StanChart, SFA unveil paper exploring DLT-use in supply chain payments
The publication explores stakeholder collaboration for improved payment transparency in supply chains.
TaishinPay QR payment now available in South Korea
The Taiwanese digital service also plans to include two-way ATM withdrawal capabilities.
UOB, Keppel to offer sustainable and digital solutions to SEA businesses
The primary objective of these solutions is to assist companies in their endeavours to achieve decarbonisation.
KakaoBank modernises data management system
The mobile-only bank targets to modernise its data management system.
Cambodia's Sathapana Bank incorporates AI for credit risk management
It aims to power its credit risk management with Artificial Intelligence (AI).
Hong Kong’s SFC to allow crypto trading
Final guidelines for crypto investment will become effective starting 1 June 2023.
Indonesian fintech SkorLife raises $4m in seed funding
The funding aims to promote responsible borrowing and fair credit practices in Indonesia.
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1. DBS and OCBC expected to deliver steady Q1 net profits 2. Financial firms lead LinkedIn’s top companies in Singapore 3. OCBC’s green car loans surged sixfold as new EV brands pique buyers 4. Endowus launches full-service digital wealth platform in Hong Kong 5. HK-based fintech KPay expands operations to SingaporeResource Center
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HSBC Hong Kong shines at ABF Retail Banking Awards
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The bank has been a digital and transformation pioneer in the industry.
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1. DBS and OCBC expected to deliver steady Q1 net profits 2. Financial firms lead LinkedIn’s top companies in Singapore 3. OCBC’s green car loans surged sixfold as new EV brands pique buyers 4. Endowus launches full-service digital wealth platform in Hong Kong 5. HK-based fintech KPay expands operations to SingaporeAwards
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Commentary
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