Asia

Malaysia: Maybank Introduces Savings Campaign Providing Opportunities to Donate to Charity

Maybank & Maybank Islamic have launched the You Save & Pledge, We Donate #ForYou campaign, which is described as “a unique, first-of-its-kind savings campaign that offers customers both the opportunity to win cash prizes as well as a chance to donate to charitable organizations.” This… Read More

Fintech Ant Group Said to Achieve 2022 Carbon Neutrality Across Operations

According to figures certified by the China Environmental United Certification Center (CEC), Ant Group has once again “achieved operational carbon neutrality (Scope 1 & 2) for the second consecutive year, following the company’s initial achievement in 2021.” This marks another concrete step for Ant Group… Read More

Singapore: Life Insurer Prudential Expands Distribution Network with Launch of Financial Advisory Unit

Life insurer Prudential Singapore announced the official launch of Prudential Financial Advisers (PFA), its financial advisory arm. With PFA, Prudential now “offers a wider range of insurance products including general insurance and wealth solutions.” This is in addition “to Prudential’s core solutions in whole and… Read More

Philippines: Open Finance Fintech Brankas, MPT Mobility Enable Instant Toll Reloading via Bank Accts

Open finance firm Brankas has announced a new integration that will allow MPT DriveHub app users in the Philippines to reload using their active Philippine bank accounts. MPT DriveHub users can now “choose from a wider range of reloading options as they top up their… Read More

Japanese Digital Lender, Rakuten Bank Shares Rocket in Tokyo Stock Exchange Debut

Japan’s digital lender, Rakuten Bank, announced on Friday (April 21, 2023) that the common stock of Rakuten Bank, Ltd., (securities code: 5838), a subsidiary of the Rakuten Group, has been listed on the Tokyo Stock Exchange Prime Market. It was “not created for the purpose… Read More

Insurtech: Malaysia’s Tokio Marine Insurans, KirimMan, Finology to Offer Insurance Products for Gig Economy Workers

Tokio Marine Insurans (Malaysia) Berhad, an insurance company in Malaysia, has partnered with KirimMan, a one-stop logistic solution, and Finology, an Asia-Pacific fintech company that specialises in enabling embedded finance, “to offer affordable insurance products for gig economy workers, with a focus on delivery riders.”… Read More

Digital Assets: Gemini Introduces Non-US Crypto Derivatives Platform

The team at Gemini is pleased to announce the upcoming launch of Gemini Foundation — a non-US crypto derivatives platform. Their first derivatives contract “will be a BTC perpetual contract denominated in Gemini dollars (GUSD).” An ETH/GUSD perpetual contract “will launch soon thereafter.” Gemini Foundation… Read More

Fintech Adyen Brings Unified Commerce to Malaysia with In-Store Payments Solutions

Adyen (AMS: ADYEN), the global financial technology platform of “choice” for major businesses, launches its Unified Commerce solution in Malaysia to help businesses flexibly meet ever-evolving consumer expectations. Powered by Adyen’s single platform, Unified Commerce gives businesses end-to-end control of transactions across sales channels (online,… Read More

Singapore: UOB to Build Tech and Innovation Center in Punggol Digital District

UOB (SGX: U11) will reportedly invest more than S$500 million “to build its new global technology and innovation center in JTC’s Punggol Digital District (PDD).” With this investment, UOB claims it “becomes the first local bank to establish its presence in Singapore’s first smart and… Read More

Indian Fintech Unicorn Razorpay Sets Up Advisory Board to Support Innovation, Corporate Governance

The team at Fintech Razorpay notes that they serve a “dynamic” country of constantly evolving, “exciting possibilities.” At Razorpay, they claim to be aware that they operate in an “equally dynamic” fintech environment. In order to adapt to this “ever-changing” world, it is imperative that… Read More

Asia’s Islamic Neobanking Fintech Alif Reports Steady YoY Growth

Alif, an Islamic Fintech and neobank based in Central Asia, claims it has recorded over 121% year-on-year growth. Operating as a “fully” licensed bank in Tajikistan and an e-commerce and fintech company in Uzbekistan, Alif’s total number of users has reportedly “surpassed 1.5 million, with… Read More

Digital Treasures Center Now Known as dtcpay, Reflecting Focus on Virtual Payments

Digital Treasures Center updated its branding strategy whereby, it will be known as “dtcpay” going forward “reflecting its commitment towards digital payments.” Since 2019, dtcpay’s mission is “to bridge the gap between digital assets and traditional finance and help businesses grow quickly by accepting payment… Read More

Digital Banking, Web 3.0 Adoption: ZA Bank Reveals New Web3-focused Strategy

ZA Bank has announced its latest plan to become the “go-to bank” for the Web3 ecosystem, providing essential banking services to Web3 enterprises. In an effort to support this goal, ZA Bank has “become a Title Sponsor of the inaugural Hong Kong Web 3 Festival… Read More

Regtech Firm Know Your Customer Announces Volopay, Coda Payments As New Singapore Clients

Regtech provider Know Your Customer is pleased to announce its latest strategic clients in Singapore: Volopay and Coda Payments. Know Your Customer’s compliance platform will aim to “streamline client onboarding and periodic review tasks for both clients, delivering a more seamless due diligence experience to… Read More

Metaverse: Accenture, Changi Airport Group to Launch Digital Wonderland ChangiVerse

Changi Airport Group (CAG), in collaboration with Accenture (NYSE:ACN), has unveiled a metaverse experience called ChangiVerse, a fresh way for new audiences to connect with Singapore Changi Airport and explore its notable sights in the digital space. An immersive wonderland, ChangiVerse is reportedly “the first… Read More

Global Fintech Nium Appoints Anupam Pahuja as EVP, GM of Asia Pacific, MENA Region

Nium, the global payments infrastructure for the on-demand economy, announced the appointment of Anupam Pahuja to EVP and General Manager of Asia Pacific, MENA. Pahuja will “build on Nium’s success in Southeast Asia, where the fintech unicorn was founded, and will quickly expand Nium’s presence… Read More

Digital Commerce Firm EbixCash Receives Clearance from India’s SEBI for Proposed IPO

EbixCash Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), an international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, announced that it has received the final observation letter/clearance from the Securities and Exchange Board of India (SEBI) “for… Read More

Digital Banking: Malaysia’s Maybank Enhances Security with Add-on Feature

Maybank’s Kill Switch solution is now introducing a new security add-on, in addition to the Maybank2u access’ deactivation feature launched in late January this year. The new security add-on via Maybank2u (M2U) web and the MAE app “will allow customers to swiftly and conveniently temporarily… Read More

Credit Technology Fintech Linedata Expands Managed Services Offerings in APAC for Buy Side Firms

Linedata (Euronext Paris: LIN), a global provider of asset management and credit technology data and services, announced today the expansion of its services capabilities and offerings in the Asia-Pacific (APAC) region. Linedata has extended its APAC offerings “to include new industry segments namely private equity,… Read More

MENA Region: Republic Crypto Launches New Headquarters in the UAE

Republic Crypto, part of US-based securities crowdfunding firm Republic, has “expanded to the UAE with an aim to grow its presence and offer its services across the MENA region.” Republic Crypto is partnering with Ghaf Labs, a UAE-based incubator in supporting blockchain-based firms. Ghaf Labs… Read More

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