07/06/2022
Nexo Intends to Fully Acquire Embattled Vauld
Upon successful completion of the transaction, Nexo aims to reorganise Vauld’s future operations with the aim to accelerate its deeper presence in Asia.
FinTech
07/04/2022
Simplifai and Contemi Solutions enters a partnership to bring new digital capabilities to the European and Asian Insurance sector
As part of the agreement, Contemi Solutions will include Simplifai’s AI-driven systems in its offering to support its clients.
06/30/2022
Practifi integrates with Voyant
"There is something special to advisers to be able to move between Practifi and Voyant and know that their data moves with them without the need to rekey. This integration is a natural fit for Practifi and Voyant advisers,”
06/29/2022
ANZ completes first A$DC stablecoin transaction
Zerocap sourced the BCAU from BetaCarbon, which tokenises Australian Carbon Credit Units (ACCUs) into digital tokens, with each representing 1kg of carbon captured.
06/27/2022
Singapore regulator praises leaders of crypto firms like Binance
The total market value of cryptocurrencies, which topped US$3 trillion (about RM13.21 trillion) in November, has dropped to US$991 billion, according to data from CoinGecko.
06/23/2022
BIS compares projects to transfer central bank digital currencies across borders
The international bank found high technical feasibility among the projects, but significant work on legal and governance frameworks still remains to be done.
06/22/2022
Evolution of the cryptocurrency landscape in Singapore
The service of dealing in, or facilitating the exchange of, DPT is regulated under the PSA.
06/21/2022
Temasek-backed Partior Taps SWIFT Veteran
Payments Firm Partior Hires Industry Veterans as CEO
06/17/2022
Rabobank Australia signs five-year software licence agreement with Identitii
Rabobank Australia will use Identitii’s cloud-hosted reporting platform, to help further automate IFTI reporting to AUSTRAC.
06/17/2022
Aussies commence more than 2 million claims to uncover government benefits and rebates
The Benefits finder feature has recorded a new milestone, with more than 2 million claims started by Aussies keen to uncover their unclaimed benefits, rebates and support payments.
06/15/2022
Manulife joins forces with Vietnam fintech firm
The partnership hopes to narrow the health protection gap.
06/14/2022
Carey Olsen and Oakbridge support Play Ventures on launch of venture capital blockchain and metaverse gaming fund
The Fund invests in global early-stage pre-seed, seed, Series A and blockchain and metaverse gaming companies and tokens.
06/14/2022
Singapore Crypto Exchange Cuts Headcount
Over the weekend, digital currency markets were once again rattled this time by top crypto lending platform Celsius, which said late Sunday it was halting withdrawals, swaps and transfers.
06/13/2022
Citi spotlights digital innovations in Philippine payments system
The BSP envisions creating a more vibrant and inclusive digital financial ecosystem by 2023 with the target to digitize 50% of the total retail payment volumes and to have 70% of the Filipino adults be financially included.
06/09/2022
India’s ultra-rich taking ODI route to bet on crypto markets abroad
These individuals typically use NBFCs to sponsor overseas investment companies that are wholly-owned subsidiaries, in financial centres like Dubai
06/08/2022
SFC reminds investors of risks associated with non-fungible tokens
The majority of NFTs which the SFC has observed are intended to represent a unique copy of an underlying asset such as a digital image, artwork, music or video.
06/06/2022
Singapore Wholesale Digital Bank Opens Shop
In December 2020, the Monetary Authority of Singapore awarded four digital banking licenses.
06/06/2022
Ant Group Soft Launches Its SME-Focused Digital Wholesale Bank ANEXT
The MoU will see both organisations jointly create and establish an open framework for all participating financial institutions as they provide financing
06/06/2022
Industry Group Warns Against New Chinese Cybersecurity Rules
According to the letter, ASIFMA expressed concerns that passing on sensitive data will make financial firms vulnerable to «hackers and other bad actors».
06/06/2022
China's Ant Group launches digital bank ANEXT in Singapore
Ant obtained one of Singapore's first digital wholesale banking licences at the end of 2020 allowing it to serve large clients, including financial institutions and corporations.