Asia

October 21, 2021 @ 10:36 pm By Omar Faridi  |  

The team at Fintech firm Ripple is pleased to confirm that UAE-headquartered foreign exchange and worldwide money transfer firm, Al Ansari Exchange has joined RippleNet. Via RippleNet Cloud, which is Ripple’s international Cloud-powered financial network tech, Al Ansari Exchange will be connecting with major money… Read More

October 21, 2021 @ 11:33 am By Omar Faridi  |  

Zilliqa, the high-performance, high-security blockchain platform, has announced the appointment of software tech industry executive Dr. Ben Livshits as CEO, effective 11 October 2021. Dr. Livshits has spent over 20 years at pioneering tech firms that have shaped the internet as we know it today… Read More

October 21, 2021 @ 10:41 am By JD Alois  |  

The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China have solidified their relationship in a memorandum of understanding (MOU) that seeks to combine innovation and supervision regarding Fintech. The MOU seeks to implement the “Guangdong-Hong Kong-Macao The Outline of the Development Plan… Read More

October 20, 2021 @ 11:59 am By Omar Faridi  |  

Atlas Technology Group LLC, a leader in the digital asset space and one of the largest ASIC mining firms; and Compute North, a company focused on mining infrastructure, have announced a new hosting service agreement under which Compute North will offer more than  100MW colocation… Read More

October 20, 2021 @ 9:05 am By JD Alois  |  

FV Bank, a challenger bank and digital asset custodian, has received a strategic investment from NGC Ventures.  The investment and partnership is expected to help drive FV Bank’s expansion throughout Asia. FV Bank said it raised USD $8 million as part of the funding round,… Read More

October 19, 2021 @ 10:07 pm By Omar Faridi  |  

Asia Digital Bank Ltd. (Labuan Investment Bank), the first recipient of the Digital Banking license issued by Labuan Financial Services Authority in Malaysia and an international digital asset operator, announced a partnership with Bianjie, which is IRISnet’s Core team, and a Cosmos Core Contributor since… Read More

October 18, 2021 @ 10:57 pm By Tony Zerucha  |  

Indian bank ICICI Bank this week announced the launch of Home Utsav, a virtual property exhibition that digitally showcases real estate projects by developers from cities across the country. The exhibition offers convenience to prospective home buyers as they can select a home by browsing… Read More

October 18, 2021 @ 10:27 pm By Tony Zerucha  |  

NFT marketplace creator and B2B SaaS provider NFTically has confirmed seed funding of under $1 million from an investor group including Nazara Games exec Nitish Mittersain, Unacademy co-founder Gaurav Munjal, Udaan co-founder Sujeet Kumar, Bollywood actor Kunal Kapoor, and Coinbase CPO Surojit Chatterjee. The funds… Read More

October 18, 2021 @ 10:08 pm By Omar Faridi  |  

Temenos Transact Core Banking will be supporting product innovation and greater scalability and overall efficiency for Pakistan’s virtual payments platform Easypaisa. Telenor Microfinance Bank, which is the operator of Pakistan’s digital payments platform Easypaisa, has officially gone live on Temenos’ Core banking platform with NdcTech… Read More

October 18, 2021 @ 10:07 pm By Omar Faridi  |  

The Central Bank of the UAE (CBUAE) signed an agreement with Dubai International Financial Centre (DIFC), the international financial center in the MEASA region, in order to collaborate on the development and growth of the UAE’s Fintech sector “through joint initiatives and activities.” The agreement… Read More

October 18, 2021 @ 9:47 pm By Omar Faridi  |  

Amanah Saham Nasional Berhad (ASNB), the wholly-owned unit trust management firm of Permodalan Nasional Berhad (PNB), revealed earlier this week the introduction of its mobile registration and online onboarding solution (e-KYC), along with a goal-based investing feature via the myASNB mobile app. The digital onboarding… Read More

October 17, 2021 @ 9:09 pm By Omar Faridi  |  

PayMaya Philippines has partnered with bolttech, a global Insurtech, in order to give Filipinos easier access to “affordable” microinsurance and services delivered “seamlessly on the PayMaya app with PayMaya Protect.” Through the partnership, PayMaya‘s clients may benefit from relevant and “easy-to-understand” coverage in the PayMaya… Read More

October 17, 2021 @ 7:17 pm By Omar Faridi  |  

Mastercard (NYSE: MA) and Grab, which is Southeast Asia’s leading “Super App” provider, announced on October 14, 2021, a regional partnership to support digital and financial inclusion in the region. This partnership will aim to offer millions of informal workers and small businesses on the… Read More

October 17, 2021 @ 12:11 pm By JD Alois  |  

2021 Suzhou Marathon Bonus will be Issued in the Form of Digital RMB On October 10th, the organizer of the 2021 Suzhou (Taihu Lake) Marathon announced at a press conference that the bonus for this year’s event will be granted in the form of digital… Read More

October 16, 2021 @ 7:08 pm By Omar Faridi  |  

KrediFazz, a subsidiary of FinAccel that operates as a P2P lending Fintech, has been issued a business license from the Financial Services Authority (OJK) via the Decree of the OJK Board of Commissioners Number: KEP-81 /D.05/2021, dated August 24, 2021. KrediFazz, a Fintech firm with… Read More

October 16, 2021 @ 11:53 am By Omar Faridi  |  

Tala, the international tech firm creating an accessible financial services platform, announced a $145 million Series E round that has been led by Upstart along with contributions from the Stellar Development Foundation. New investors Kindred Ventures and the J. Safra Group, along with existing investors… Read More

October 16, 2021 @ 10:46 am By Omar Faridi  |  

China’s public blockchain Nervos has announced that the “Force Bridge” is currently live on the mainnet. As noted in an update shared with CI, the Force Bridge is currently connected to Ethereum (ETH) via a cross-chain bridge and will be “connected to Cardano and other… Read More

October 14, 2021 @ 4:37 pm By Omar Faridi  |  

XREX Inc, the Taipei-based neo Fintech, announced that it has implemented a full suite of risk management tools created by TRM Labs, a blockchain intelligence provider, in order to enhance the platform’s ability to “detect and defend against fraud, scammers and suspicious activities.” XREX is… Read More

October 14, 2021 @ 4:00 am By JD Alois  |  

Wiserfunding, a UK-based provider of credit risk assessment for SME lenders, has partnered with CrediLinq.Ai, a Singapore-based, AI credit platform. According to a company release, the partnership will seek to provide automated, fast, and credit risk assessment to Southeast Asian SMEs. The companies point to… Read More

October 12, 2021 @ 9:19 am By JD Alois  |  

A new partnership between Hex Trust and Hedera Hashgraph will aim to provide banks, financial institutions, and institutional investors with a safe, and compliant way to integrate HTS-based tokens into the operations of their digital assets. Hex Trust will be using the Hedera Token Service… Read More