Asia

October 22, 2023 @ 9:39 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced that Lien Viet Post Joint Stock Commercial Bank (LPBank), one of the top 10 private commercial banks in Vietnam in terms of assets and equity, has selected Temenos in order “to modernize its core banking platform for retail and corporate banking.”… Read More

October 22, 2023 @ 6:42 pm By Omar Faridi  |  

Nium, the real-time global payments provider, has expanded its B2B travel payments offering in the Asia Pacific (APAC) region, “building on rising demand for its virtual card solution offering globally.” Travel intermediaries and operators use Nium’s virtual card solution “to efficiently pay suppliers around the… Read More

October 22, 2023 @ 5:03 pm By Omar Faridi  |  

Nomura Securities Co., Ltd. of Japan and Kudasai Corp. have formally partnered to enhance the content dissemination of the Web3 learning application “Web3 Pocket Campus”. SlowMist will contribute by “providing high-quality research reports and content as teaching materials to support Web3.” As a blockchain security… Read More

October 22, 2023 @ 2:38 pm By Omar Faridi  |  

Finastra, a global provider of financial software applications and marketplaces, is partnering with ELCY, a specialist in e-commerce solutions for the processing of international trade finance, to provide a trade finance solution for corporates. The Corporate Trade Finance Portal from Finastra and ELCY will “enable… Read More

October 22, 2023 @ 12:12 pm By Omar Faridi  |  

The Saudi Central Bank (SAMA) signed a cooperation agreement with the Monetary Authority of Singapore (MAS) in Riyadh, in the field of Fintech and innovation. The agreement was signed by Ayman Al-Sayari, Governor of SAMA, and Dr. Vivian Balakrishnan, the Minister for Foreign Affairs of… Read More

October 22, 2023 @ 11:11 am By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), a global firm focused n mission-critical, real-time payment solutions,  announced that Nymcard, a card issuer in the MENA region, has enhanced its fraud platform with ACI Fraud Management in order “to better protect its customers from the growing threat of financial… Read More

October 21, 2023 @ 9:00 pm By Michael Wong  |  

In a bid to augment the funding pool for burgeoning growth sectors, Japan’s financial watchdog, the Financial Services Agency (FSA), intends to amplify the amount retail investors can allocate to unlisted startups, as reported by Nikkei Asia. The current regulation allows retail investors to contribute… Read More

October 21, 2023 @ 1:31 pm By Michael Wong  |  

PayPal Holdings, Inc. announced its investment in the Southeast Asia Women’s Economic Empowerment Fund (SWEEF) by Sweef Capital and Quona Opportunity Fund. This collaboration aims to propel women’s participation in global economics and finance. This strategic move is a part of PayPal’s pledge to support… Read More

October 20, 2023 @ 9:22 pm By Omar Faridi  |  

In their pursuit to open up global avenues for local talent, the SadaPay team is pleased to announce an update to their freelancer account, SadaBiz. SadaPay users can now invoice their clients “using the world’s fastest-growing mobile wallet, Apple Pay.” Though Apple Pay hasn’t made… Read More

October 20, 2023 @ 7:11 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, today announced it has signed a definitive agreement to acquire MexPago, a Mexico-based payment service provider and an Institution of Electronic Payment Funds (IFPE) license-holder. The transaction is subject “to regulatory approvals and customary closing… Read More

October 19, 2023 @ 7:31 pm By Omar Faridi  |  

Ava Labs is accelerating its push in India with key strategic hires: Devika Mittal and Kamakshi Arjun, who will focus on the firm’s growth in the Indian market. Before joining Ava Labs, Devika was “the Head of Token Listings for Okcoin (in the OKX umbrella),… Read More

October 16, 2023 @ 9:56 pm By Omar Faridi  |  

Sygnum, the digital asset bank, has generated additional CHF multi-billion client demand by complementing its core regulated digital asset offering with traditional securities. As noted in an update from Sygnum: Market traction due to clients’ ability to combine crypto and traditional assets conveniently, simply and… Read More

October 16, 2023 @ 9:49 pm By Omar Faridi  |  

EaseMyTrip.com, one of India’s largest online travel platforms, announced its strategic partnership with Cover Genius, the insurtech for embedded protection. By integrating with XCover, Cover Genius’ global distribution platform, EaseMyTrip customers can add Cancel For Any Reason (CFAR) travel protection “along with the embedded comprehensive… Read More

October 15, 2023 @ 6:55 pm By Michael Wong  |  

Singapore-based Web3 wallet solution provider Account Labs has announced plans to launch a new wallet that will allow users to access using just a Google account following a successful fundraising of $7.7 million. Account Labs announced that funding round was backed by a number investors… Read More

October 15, 2023 @ 3:14 pm By Omar Faridi  |  

Addepar opened a new office in Pune, India in March 2023 as they deepened their commitment to global expansion and R&D investment. Abhimanyu “Abhi” Prabhavalkar recently joined Addepar’s engineering leadership team during this exciting time of growth as their R&D regional lead in India, “bringing… Read More

October 15, 2023 @ 2:44 pm By Omar Faridi  |  

Neo contributes almost $8M HKD to nurture start-up projects and foster the development of Hong Kong’s Web3 industry. Winners from Neo’s APAC Hackathon will join “an accelerator program alongside candidates from Hong Kong’s leading Web3 developer base.” Neo, the open-source, community-driven blockchain platform where developers… Read More

October 13, 2023 @ 10:02 pm By Omar Faridi  |  

Axis Bank, one of the largest private sector banks in India and Fibe, (formerly known as EarlySalary), India’s Fintech, partnered in order “to launch India’s first-ever numberless credit card for tech-savvy Gen Zs.” With a numberless credit card, customers get “an added level of security… Read More

October 13, 2023 @ 7:09 pm By Omar Faridi  |  

Fime Asia in Taiwan has been accredited by Visa (NYSE: V) in order to support vendors to validate the Level 2 compliance of their contactless payment terminals. This gives solution providers in the APAC region “a local one-stop shop for all their payment compliance needs,… Read More

October 12, 2023 @ 10:50 am By Omar Faridi  |  

The Central Bank of Jordan (CBJ) has taken a significant step towards modernizing the financial services landscape in the Kingdom by unveiling comprehensive guidelines for Open Finance services. These guidelines apply to all banks operating “within the jurisdiction of CBJ, as well as online payment… Read More

October 12, 2023 @ 6:08 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, introduced its latest product innovations at Stripe Tour Singapore. Stripe products are positioning businesses of all sizes in Southeast Asia “to take advantage of surging consumer demand in the region for online goods and services.” A recent Stripe… Read More