The People’s Bank of China Launches a Pilot Scheme for Integrated Application of Financial data The People’s Bank of China has launched a pilot scheme for the integrated application of financial data across the country. Commercial banks, clearinghouses and non-bank payment platforms from Beijing, Jiangsu,… Read More
Read more in: Asia, Featured Headlines, Fintech | Tagged cbdc, china, digital yuan, peoples bank of china, weiyangx, xu gao
Adyen (AMS: ADYEN), a global payments solution provider based in the Netherlands, recently revealed that it’s expanding its local acquiring services to the United Arab Emirates (UAE). With acquiring capabilities now available in the UAE, Adyen aims to offer local and global companies with an… Read More
Read more in: Fintech, Asia, Global | Tagged acquiring services, adyen, europe, mastercard, mena, mena region, middle east, sander maertens, uae, united arab emirates, visa
VeChain, a leading blockchain platform for supporting supply chains among other use cases, has announced that together with DNV, they are enabling Renji Hospital (in China) to launch the very first blockchain-enabled IVF Service App, called MyBaby. As mentioned in an update from VeChain Foundation,… Read More
Read more in: Asia, Blockchain & Digital Assets | Tagged china, data management, distributed ledger technology, dlt, healthcare, mainland china, medical technology, renji hospital, shanghai, sunny lu, vechain, vechain foundation, vechainthor
Mambu, a Germany-based SaaS banking platform provider, announced earlier this week it has teamed up with Google Cloud to power Bank Jago, a Indonesia-based digital bank. Mambu reported that Bank Jago is considered the first organization to benefit from the Bambu-Google Cloud collaboration. Jago… Read More
Read more in: Fintech, Asia | Tagged bank jago, digital banking, google cloud, indonesia, mambu, online banking, partnership
Following the Abraham Accords, initiated by the Trump administration that saw the normalization of relations between the UAE and Bahrain, OurCrowd – a top global early-stage investment platform, moved quickly to announce relations with middle east gr0ups. After quietly working behind the scenes for years,… Read More
Read more in: Global, Asia, Investment Platforms and Marketplaces | Tagged dubai, israel, jon medved, ourcrowd, uae
Dutch payments Fintech Recharge.com has expanded its services in the Middle East. Headquartered in Amsterdam, the Fintech specializes in digital gift and prepaid cards for local and global brands like Netflix, Spotify, and Xbox. Recharge is now operating in the Kingdom of Saudi Arabia and… Read More
Read more in: Asia, Fintech, Global | Tagged günther vogelpoel, netherlands, payments, recharge.com, saudi, uae
Taulia, a U.S.-based working capital solutions provider, announced on Tuesday it has expanded its global footprint by growing its presence in both China and Singapore. Founded in 2009, Taulia claims to be a leading provider of working capital solutions. Through a combination of its… Read More
Read more in: Fintech, Asia | Tagged asia, china, expansion, fintech, singapore, taulia, u.s., united states
INX Limited has announced a partnership with GMO-Z.com Trust Company, Inc. The collaboration aims to offer the world’s first regulated stablecoin backed by the Yen or GYEN and made available to both retail and institutional customers. INX will also be integrating GMO Trust’s USD-backed stablecoin,… Read More
Read more in: Asia, Blockchain & Digital Assets, Global | Tagged douglas borthwick, gmo internet group, gyen, inx limited, japan, ken nakamura, stablecoin
Earlier this week, the Securities Commission Malaysia (SC) and the United Nations Capital Development Fund (UNCDF), through its Center for Financial Health program, introduced an accelerator to support the Islamic Fintech innovation ecosystem in the Southeast Asian country. The program, known as the FIKRA Islamic… Read More
Read more in: Asia, Fintech | Tagged accelerator, islamic finance, islamic fintech, malaysia, securities commission malaysia, sharia'h compliant, southeast asia, startups, uncdf, united nations
Qatar-headquartered Fintech firm Dibsy has acquired $300,000 through a pre-seed round that was led by Salem Khalaf Al Mannai along with participation from several angel investors. Dibsy’s management reveals that their investment round was finalized in late 2020. The Dibsy team notes: “Our brand is… Read More
Read more in: Asia, Fintech | Tagged digital payments, digital transactions, digital transformation, investment round, mena, mena region, middle east, online payments, payments, qatar, qfc, virtual payments
Bahrain’s payment services provider NEC Payments has reportedly chosen Netcetera for its 3DS 2.0 solution, a payments security protocol. NEC Payments is a fast-growing digital banking and payment tech firm that provides Cloud-based banking-as-a-service (BaaS) solutions in the Middle East. NEC Payments is focused on… Read More
Read more in: Asia, Fintech | Tagged bahrain, mena, mena region, middle east, netcetera, payments
Hong Kong-based insurance firm YF Life has partnered with HKBN Enterprise Solutions (HKBNES) in order to offer a Google Cloud-enabled Cantonese voice chatbot. The chatbot will be supporting insurance services and is expected to be introduced in early 2022. The chatbot uses Google Cloud‘s AI… Read More
Read more in: Artificial Intelligence, Asia, Insurtech | Tagged ai, artificial intelligence, chatbot, cloud, Customer Experience, customer service, cx, digital technology, digital transformation, digitalization, google, hong kong, insurance, insurance technology, insurtech, user experience, ux
UK-based Fintech firm Wise (formerly doing business as TransferWise) has introduced remittance services in India, as the company looks to expand its operations globally with a new office in Mumbai. This move by London-headquartered Wise has come after the company began supporting Google Pay users… Read More
Read more in: Fintech, Asia, Global | Tagged cross-border payments, Cross-Border Transactions, digital payments, europe, google pay, india, international payments, kristo käärmann, mumbai, payments, remittance payments, remittances, uk, united kingdom, wise
US-based Broadridge Financial Solutions (NYSE: BR), a tech solutions provider, revealed on Tuesday (June 1, 2021) that it has hired Ian Strudwick to serve as the company’s GM and Head of Asia Pacific (APAC). Ian’s appointment is effective immediately. His appointment has come after David Ingleson… Read More
Read more in: Fintech, Asia, Global | Tagged apac, apac region, asia pacific, broadridge, broadridge financial solutions, fintech adoption, fintech trends, new appointments, New Hire, samir pandiri, united states, us
PT. Bank Rakyat Indonesia Agroniaga (BRI Agro) has teamed up with local agent-based Fintech firm Payfazz. Using the API of its digital lending app Pinang, BRI Agro’s online savings and lending solutions will be offered to 250,000+ Payfazz agents. Agents can provide the same service… Read More
Read more in: Asia, Fintech | Tagged digital lending, financial inclusion, financially underserved, fintech adoption, fintech trends, hendra kwik, indonesia, lending, payfazz, rural areas, southeast asia, Unbanked, underbanked, virtual banking
India-based Jai Kisan, a Fintech startup that is focused on bringing modern financial services to the country’s rural areas, where commercial banking institutions have very low penetration rates, revealed on Monday (May 31, 2021) that it had acquired $30 million in capital through a new… Read More
Read more in: Asia, Fintech | Tagged ashish dave, credit, financially underserved, investment round, mumbai, rural areas, Unbanked, underbanked
The COVID-19 pandemic has taken a heavy toll on Hong Kong residents’ financial situation with many people now worried about whether they’ll still be able to settle their bills, according to a recent TransUnion survey report. TransUnion’s Consumer Pulse study reveals that Hong Kong consumers’… Read More
Read more in: Asia, Fintech | Tagged consumer behavior, coronavirus, covid-19, financial habits, financial management, financial planning, hong kong, money management, research, survey, survey report, transunion
Financial technology companies UP Fintech (NASDAQ:TIGR), an Asian online brokerage firm focusing on global investors; Sea, a digital commerce business; Huobi Technology, a blockchain-focused company; and Razer, a multinational gaming and financial services provider, were among the firms that have been added to the MSCI global indexes… Read More
Read more in: Asia, Fintech, Global | Tagged china, digital banking, digital commerce, digital transformation, distributed ledger technology, dlt, hong kong, huobi, mainland china, msci, online brokerage, razer, sea, singapore, sme's, southeast asia, up fintech
F10, a leading Fintech startup incubator and accelerator program, has teamed up with Seoul Fintech Lab which is supported by the Seoul Metropolitan Government and K accelerator, a Fintech support center headquartered in Seoul. Through the partnership, both organizations will aim to expand their incubation… Read More
Read more in: Asia, Fintech | Tagged accelerator, f10, fintech adoption, fintech trends, incubator, seoul, singapore, south korea, startups
Abu Dhabi-based PayBy, a payments startup, has teamed up with Al Maya Group in order to offer the latter with secure, contactless payment options across 49 of its supermarkets in the United Arab Emirates (UAE). When shopping at Al Maya supermarkets, customers will be able… Read More
Read more in: Asia, Fintech | Tagged abu dhabi, cashless transactions, contactless payments, digital commerce, digital payments, e-commerce, mena, mena region, middle east, online shopping, payments, uae, united arab emirates, virtual payments
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