02/26/2020
Grab seeks to expand into consumer banking
“MUFG’s investment into Grab is a vote of confidence in our super app strategy and our ability to build a long-term, sustainable business,” Grab’s president Ming Maa.
FinTech
02/26/2020
Singapore-Based Digital Bank Raises Funds for Philippines Launch
Tonik, the first digital-only bank in Southeast Asia, has closed its first institutional round of funding.
02/26/2020
Financial services: Overcoming identity challenges to thrive in the digital space
Last year, the Hong Kong Monetary Authority also issued virtual banking licenses to a handful of organizations
02/25/2020
Digital platform to drive takaful demand
Takaful operators and providers should rethink and re-strategise the way products are positioned to entice a larger crowd, says Fitch
02/24/2020
Realme PaySa, ICICI Lombard enter strategic association
With this partnership, Realme phones can now be covered under ICICI Lombard insurance policies starting at Rs 250.
02/24/2020
Blockchain: to APAC and beyond
The creation of new markets powered by digital assets is one of the most exciting promises of blockchain technology.
02/21/2020
NICE Actimize to support TONIK’s digital banking platform launch
It provides retail financial products including deposits, loans, current accounts, payments, and cards on a secure digital banking platform.
02/21/2020
Citi Joins Trade Finance Network
The network is currently in the beta phase, but Contour — established in Singapore by FinTech consortium R3 — is moving into full commercialization after two years of successful pilots in 14 countries.
02/21/2020
Fintech investment in Singapore more than doubled in 2019: Accenture
About 39 per cent of the total funds raised went into payments startups, while insurtechs raked in 25 per cent of the investments.
02/21/2020
Iress unveils 2019 financial results
Iress remains well-placed for continued success in financial services technology, where we see strong demand for our software across a broad range of clients.
02/20/2020
How artificial intelligence is impacting Southeast Asia's biggest players
AI-driven analytics are powering transformative changes in this area.
02/20/2020
Interactive Brokers: Boosting its Penetration of Asia’s Vibrant Wealth Management Market
Interactive Brokers Group Inc, which trades as IBKR on Nasdaq, is one of the world’s most established electronic trading brokerage platforms
02/19/2020
ASEAN Exchanges selects Refinitiv’s digital solutions to power investors
One-stop shop of real time financial market data, news, information and tools to give equity investors a competitive edge and promote growth in the ASEAN region
02/13/2020
Intertrust opens new office in New Zealand
Corporate secretarial and funds support teams for New Zealand clients will initially be based out of Sydney
02/13/2020
Standard Chartered forms online payments joint venture
Assembly Payments is one of Australia’s fastest-growing fintech businesses.
02/12/2020
S'pore's Tolaram to grow Africa presence with digital banking
'Noodle king' there will use systems, learning, tech from its bank in Indonesia as a blueprint
02/12/2020
The impact of Singapore’s Variable Capital Companies
A VCC provides structure to investment funds.
02/12/2020
Wealth Dynamix Becomes Microsoft ISV Connect Partner to Drive Value for Global Customers
Combine the power of Microsoft technology with the specific market expertise of Wealth Dynamix, and you have the perfect solution to address the regulatory and digital challenges of today's wealth management industry.
02/12/2020
Standard Chartered Launches Singapore-Based Venture
The payments venture is the latest in a series of new business models the bank has launched recently
02/11/2020
Macquarie's bank business to go 100 percent cloud for IT infrastructure
But does not specify how many apps are multi-cloud bound.