August 29, 2023 @ 1:17 am By Michael Wong  |  

In a major strategic move to extend its footprint in Southeast Asia, CTOS Digital Bhd, a Malaysia’s based credit reporting agency, has announced the acquisition of two credit scoring companies in the Philippines and Indonesia. The deal, valued at $6.37 million, was disclosed in stock… Read More

 Tagged credit rating agency, credit scoring, ctos digital, malaysia

August 28, 2023 @ 11:06 pm By Omar Faridi  |  

Over the past three months, Bitpanda claims it has “called bull on the bear market and increased the number of tradeable crypto assets on their platform from around 230 to 300+, including Arbitrum (ARB), SUI (SUI) and SingularityNET (AGIX).” This means Bitpanda now is “the… Read More

 Tagged Arbitrum, bitpanda, crypto-assets, digital assets, digital currencies, etfs, investment platforms, singularitynet, stocks, sui, virtual currency

August 28, 2023 @ 11:04 pm By Omar Faridi  |  

The increased cost of doing business is “preventing the UK’s 5.5m small and medium-sized businesses from going green,” new research finds. With core inflation rates at 6.8% – the highest in 31 years – protracted high costs could be delaying SME owners’ plans “to green… Read More

 Tagged analysis, carbon footprint, cost of living crisis, data, eco-friendly, europe, iwoca, research, Research Study, small businesses, smbs, sme's, survey, sustainability, uk, united kingdom

August 28, 2023 @ 10:34 pm By Michael Wong  |  

Vietnam’s central bank, the State Bank of Vietnam (SBV), has officially joined the Regional Payment Connectivity (RPC) initiative, a scheme initiated by central banks in Southeast Asia to strengthen and enhance collaboration on payment connectivity. SBV officially signed the supplemental Memorandum of Understanding on Cooperation… Read More

 Tagged Association of Southeast Asian Nations, Regional Payment Connectivity, southeast asia, state bank of vietnam

August 28, 2023 @ 9:08 pm By Omar Faridi  |  

The team is pleased to share that GradRight has raised ₹50 crore ($6.1 million) in Series A funding from IvyCap Ventures Advisors Private Limited. This investment round will allow for “a scale-up of our AI-based platform that makes quality international higher education more accessible and… Read More

 Tagged edtech, education, education technology, financial services, fintech adoption, fintech trends, india, investment round, united states, us

August 28, 2023 @ 8:53 pm By Omar Faridi  |  

Nagad, a mobile money carrier based in Bangladesh, has equipped itself “to grow into a digital bank, which will make available all financial services on a single platform.” The company’s current outreach to Bangladesh‘s every nook and corner “for having a large customer base as… Read More

August 28, 2023 @ 5:11 pm By Omar Faridi  |  

The team at Deel is pleased to roll out their new series, Meet the Integrations, where they’ll spotlight all of the new integrations they’ve brought onto their Integrations Store. Since they officially launched the Deel API, they’ve “had countless organizations build custom workflows that best… Read More

 Tagged deel, digital technology, digital transformation, digitalization, integration

August 28, 2023 @ 4:23 pm By JD Alois  |  

LHV Bank, a fully regulated bank in the UK, says the business transfer from its Estonian affiliate to the UK is now completed. LHV received its banking license in May 2023. LHV specialises in providing services for global Fintechs and SME Lending solutions for UK… Read More

 Tagged banking, lhv, lhv bank, uk, united kingdom

August 28, 2023 @ 10:12 am By Omar Faridi  |  

The State Bank of Vietnam (SBV), the central bank of Viet Nam, has officially joined the Regional Payment Connectivity (RPC) initiative. This recent development is “an expansion of the Memorandum of Understanding on Cooperation in Regional Payment Connectivity (MOU RPC) that was initiated by the… Read More

 Tagged central banks, digital transactions, indonesia, malaysia, payments, Regional Payment Connectivity, reserve bank, sbv, singapore, southeast asia, vietnam, virtual payments

August 28, 2023 @ 8:40 am By Omar Faridi  |  

Metro Bank’s ‘Scam of the Month’ of August 2023 is a warning “about the rise in malware attacks against UK bank customers.” Malware, or malicious software, is “designed by criminals to compromise devices including computers, laptops, and mobile phones.” Globally, 5.5 billion malware attacks “were… Read More

 Tagged baz thompson, europe, financial crime, financial services, malware, metro bank, online security, uk, united kingdom