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Bank of Singapore unveils alternative investment digital platform for independete asset managers
Bank of Singapore unveils alternative investment digital platform for independete asset managers
Close to 30 funds will be made available in FIM Alternatives Select.
ZA Bank commences pilot for virtual asset trading service
Three in four Hong Kong investors are interested in investing in cryptocurrency.
Philippine banks to tighten lending standards in Q4: survey
Banks cite a deterioration in borrowers’ profiles and their profitability.
Malaysia fines money changer for customer due diligence lapses
BSB Darussalam has paid the $7,000 penalty.
Hong Kong names 11 banks as primary liquidity providers for offshore RMB
Hong Kong has also expanded the RMB repo facility to over US$2.8b.
Citi launches Citi Digital Bill to speed up monetization of receivables
CDB enables parties to sign, accept, endorse, and finance a digital bill.
Immediate settlements drive e-commerce scalability worldwide
Most countries are looking at implementing real time payment clearing systems.
Correspondent banks raise costs in cross-border payments
Inefficiencies in cost, speed, and data standards hinder global payment processes.
Merchants demand quicker access to payments in APAC
Real-time payments and mobile wallets drive faster transaction processing for businesses and consumers.
Insurance firms prioritise speed in reconciliation processes
Speed and cost efficiency drive adoption of reconciliation solutions.
ZA Bank debuts business banking referral programme
Users can invite companies to register and get a HK$288 cash reward.
Singapore, Italy kick off program showcasing 6 Italian fintechs
The startups get 1-to-1 pitching sessions with investors, amongst others.
MAS and IMDA to implement new framework against phishing scams
The new framework will take effect on 16 December.
HSBC unveils invitation-only credit card for ultra wealthy clients
It debuted in Hong Kong and will launch in Singapore and India next.
Siam Commercial Bank unveils cross-border payments using stablecoin
Stablecoins will be used for settlements of payments and remittances.
PH central bank, German banknote printer ink MOU for payments and currency mgmt
They will research digital payments and banknote substrate.
foodpanda and Fiserv launch e-commerce payments processor
It will first roll out in Singapore and Hong Kong.
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1. DBS partners with Austrade to help Australian companies expand into SEA 2. BTN pitches Indonesia’s subsidized mortgage scheme as a sustainable finance model 3. Citi Singapore almost triples wealth transactions after digital revamp 4. ASIC issues warning to influencers promoting high-risk financial products 5. Hong Kong, China launch Payment Connect for faster cross-border paymentsResource Center
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He advises that fintechs must align tech investments with business goals and evolving customer expectations.
