06/20/2023
Fujitsu and Mizuho kick off joint generative AI trials
Mizuho, Japan’s third-largest bank by assets is teaming up with Fujitsu with the aim of trialling generative AI to streamline development and maintenance
FinTech
06/20/2023
Thailand’s SCB X and Korea’s KakaoBank to team for digital banking licence, report says
"Thai virtual banks will play a pivotal role in allowing the underserved population to access financial products and services conveniently and safely,"
06/19/2023
Complaint filed against two crypto lenders for fraud
Singapore-headquartered Haru Invest and Seoul-based Delio advertise double-digit yields for investors who lend crypto on the platforms.
06/14/2023
Sygnum Singapore receives in-principle approval of Major Payment Institution Licence from the MAS
Sygnum Singapore further leverages the group’s regulated banking infrastructure, product portfolio and digital asset technology expertise
06/12/2023
Malaysia woos Microsoft, Google to bolster data hub ambitions
Malaysia’s investment success this year includes attracting companies
06/09/2023
UOB KayHian Wealth Advisors Selects KoiZai To Help Drive Innovation and Fintech Solutions to Its Stakeholders
The expertise and industry experience of KoiZai's management team has instilled confidence in UOBKHWA, affirming our ability to support their vision as a trusted leader in the financial market.
06/08/2023
Hong Kong Crypto Debut Clashes with US Barrage
Since the SEC announced that it was suing Binance, the crypto market has already been experiencing a downturn after beginning a gradual climb in late 2022.
06/08/2023
Citi unveils new Automated Settlement Solution in Hong Kong
Citi developed this capability to meet the growing demand from clients for quicker settlement due to a variety of reasons, including efficient collateral management and expeditious trade settlement confirmation for reporting purposes.
06/06/2023
Endowus Inks Partnership With Allfunds
Allfunds is a digital funds platform with an ecosystem that covers the entire fund distribution value chain and investment cycle, with solutions including dealing and execution, data and analytics tools, portfolio monitoring and more.
06/01/2023
Artificial Intelligence to take centre stage at the Singapore FinTech Festival 2023
In partnership with the National University of Singapore Asia Institute for Digital Finance
05/25/2023
VP Bank: Rising Demand for Art Tokenization in Asia
According to Heng, the bank expects asset tokenization to continue trending upwards as a business opportunity
05/25/2023
AI Credit Modeling FinTech finbots.ai to transform credit risk management for Cambodia's leading commercial bank
finbots.ai's credit modelling solution, creditX, will enable Sathapana Bank to build high quality credit risk scorecards faster, accelerating new client onboarding and enhancing portfolio management.
05/23/2023
Canopius presents its first digital asset custody product
The solution will be made available to financial institutions
05/22/2023
Ripple Launches Platform to Enable Central Banks to Issue Their Own CBDCs
The Ripple CBDC Platform will be leveraging the same blockchain technology used on the XRP Ledger (XRPL).
05/22/2023
Majority of APAC Consumers Prefers Remittance Services to Be Offered in a Super App
71% of APAC senders and receivers said they were irritated with the repetitive and time-consuming paperwork associated with cross-border money transfers.
05/22/2023
BitMEX introduces a tailored service in Hong Kong
It is operated by BitMEX’s associated local corporation, HDR BMEX limited, and existing Hong Kong users will be automatically moved to BitMEX Hong Kong on May 29 2023.
05/10/2023
In Singapore, Big Tech Encroaches on Fintech
The service is currently available for a small number of businesses but the number is expected to increase in coming months.
05/08/2023
OCBC Digital Silvers programme expanded to equip 2,000 more elderly customers with digital banking skills
To achieve this target, the bank will leverage all 30 of its personal banking branches islandwide – up from 10 branches last year – with multiple workshops running every week.
05/05/2023
BNP Paribas Jumps Into the Digital Currency Fray in China
Under the agreement, both banks will work together to expand the use of e-CNY for domestic online and offline payments.
05/05/2023
Westpac rolls out Cogo carbon footprint tracker
The Carbon Footprint Tracker technology has been developed in partnership with carbon management fintech, Cogo.