Financial Technology
Singapore fintech investments record three-year low in H1
Singapore fintech investments record three-year low in H1
Consolidation drove fintech investments in the payments space, KPMG found.
UnionDigitalBank, Capital A launch embedded finance services in the Philippines
Amongst services to be offered is the “Fly Now, Pay Later” flexible payment option.
Shinhan Bank, SCB TechX successfully complete stablecoin remittance pilot
The proof of concept was built on the Hedera network.
E-wallet Nagad reaches 80 million account registers
This was in line with their journey of boosting the region’s SDGs.
UnionPay inks deal with Cambodia to promote QR cross-border payments
It aims to benefit residents of both countries in cross-border mobile payments.
Weekly Global News Wrap: Rothschild & Co takes one step closer to going private; Ant Group may be fined $1b
And UBS makes changes in global wealth management business.
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.
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
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