Tagged: apac

Regtech Trulioo Expands International Presence to Singapore

Trulioo, a global identity verification company, has expanded to Singapore in response to growing customer demand in the Asia-Pacific (APAC) region. The move allows Trulioo “to directly serve its extensive and expanding enterprise-level APAC customer base.” Steve Munford, CEO of Trulioo, said: “As businesses in… Read More

Calastone Expands Operations in APAC with Regional HQ in Singapore

Calastone, which claims to be one of the largest global funds networks, announced the opening of their regional headquarters in Singapore, “underpinning their aggressive growth strategy to expand product offerings and footprint across the Asia-Pacific (APAC) region.” Calastone claims it has been “disrupting the investment… Read More

Google Cloud to Establish Infrastructure in Malaysia as Part of Expansion Efforts

Google Cloud recently revealed that it intends to expand to Malaysia in order to address rising demand for Cloud services in the Asia Pacific region. Other areas that Google Cloud is considering reportedly include Thailand, New Zealand, Germany, Saudi Arabia, Qatar, Mexico, Israel, and Turin…. Read More

Franklin Templeton Selects First Startup to Join Inaugural Singapore Fintech Incubator

Franklin Templeton, one of the world’s largest independent asset managers, officially opened its first Asian Fintech incubator in the heart of Singapore. The Franklin Templeton Singapore Fintech Incubator is “a joint incubation program for early-stage Fintech startups in partnership with F10 Global Innovation Network Singapore… Read More

New Payment Methods Introduced in Malaysia, Indonesia for Mass-Market Wirex Wallet

Wirex, a crypto payments firm, has made their recently launched non-custodial wallet more accessible to APAC users “after releasing a new payment method.” The addition of instant bank transfers and local payment systems for Indonesian and Malaysia customers “to purchase crypto on the app will… Read More

Insurtech: YAS MicroInsurance and Amodo Partner to Deliver “On-Chain” Insurance

YAS MicroInsurance (YAS) and Amodo have partnered to deliver insurance on-chain, according to a company statement. YAS is an Asia-Pacific Insurtech that is combining blockchain technology and insurance. Amodo is a telematics company providing on-demand insurance that is hyper-localized and usage-based insurance. The two firms… Read More

Digital Asset Custody Provider METACO Selected by Derivatives Exchange Mercari

Mercari Derivatives Exchange, a regulated Australian derivatives exchange market operator, has selected Switzerland-based METACO to provide digital asset custody technology. In a company statement, Mercari noted that it is deploying its technology on IBM Cloud leveraging the capabilities of IBM’s digital asset infrastructure. This past… Read More

Global Blockchain Business Council and Global Digital Finance Announce Merger

Global Blockchain Business Council – the international industry association for the blockchain technology ecosystem – has announced a merger with market standards association for the adoption of cryptocurrencies and digital assets, Global Digital Finance (GDF). The merger sees the two organizations “join their respective resources,… Read More

Big Data Exchange (BDx) Expands Into Indonesia via $300M Venture

Big Data Exchange (BDx), a data center solutions provider in Asia Pacific, recently announced that it has entered a conditional sale and purchase agreement of shares (CSPA) and joint venture agreement, “together with a series of commercial and operational agreements, with PT Indosat Tbk (Indosat… Read More

Binance Appoints Europol Crypto Expert, Jarek Jakubcek, as Head of Intelligence, Investigations APAC

Binance, which claims to be the world’s “leading” cryptocurrency and blockchain infrastructure provider, has strengthened its team “with the recruitment of Jarek Jakubcek as the Head of Intelligence and Investigations for Asia-Pacific.” Jarek is “a leading global expert in cybercrime and former cryptocurrency specialist in… Read More

BNPL: Primer, hoolah to Bring Buy Now, Pay Later Solution to Support Merchants’ Growth Across Asia

hoolah, which claims to be Asia’s leading omnichannel ‘Buy Now Pay Later’ (BNPL) platform, recently announced its partnership with Primer, the “first” no-code automation platform for payments and commerce, “allowing merchants in Singapore, Malaysia, and Hong Kong to integrate hoolah’s BNPL solution, while providing consumers… Read More

Asia-Pacific Region Regulators Sharply Focused on Fintech Regulatory Frameworks Due to Unprecedented Digitalization: Report

In the APAC region, regulatory authorities have reportedly been working on frameworks and guidelines in order take account of various products and services that are being launched due to ongoing Fintech innovation and the rise of emerging technologies. However, with the COVID crisis significantly accelerating… Read More

MogoPlus Chooses TrueLayer for Open Banking Data Access in Australia via Consumer Data Right

MogoPlus, the international “experts” in bank transaction data insights, will reportedly work with TrueLayer, a key player in open banking, to “access financial data using Australia’s Consumer Data Right (CDR).” As mentioned in an update shared with CI, MogoPlus is in “the process of becoming… Read More

FT Partners’ Long-Term Client PPRO Acquires Alpha Fintech

PPRO, the provider of virtual payments infrastructure, announced the acquisition of Alpha Fintech, a next-gen payments tech firm. The deal will reportedly “expand PPRO’s offering, strengthen its presence and networks in Asia Pacific (APAC), and allow it to deliver products and services faster to its… Read More

Australian Wealth Firm FinClear Selects Broadridge to Expand Securities Finance Business

To assist in streamlining their securities finance offering, FinClear, the wealth management infrastructure provider in Australia, has chosen Broadridge Financial Solutions, Inc. (NYSE:BR). As mentioned in a release, Broadridge’s Securities Finance and Collateral Management (SFCM) FastStart solution offers FinClear and its clients “with enhanced functionalities… Read More

Global Fintech Wise to Recruit 150 Professionals for Singapore Offices

Cross-border payments Fintech Wise (LSE:WISE) intends to hire around 150 professionals for its Singapore business offices in 2022. Wise‘s management noted that this includes key roles focused on engineering, product development, design, analytics, compliance, payments and various other operations in order to support ongoing product… Read More

ComplyAdvantage Predicts Landmark Year for Fintech Industry Compliance Professionals

The team at ComplyAdvantage has released their new report, titled The State of Financial Crime 2022. ComplyAdvantage’s outlook for 2022: From supply chains in crisis to “high-wire” geopolitical standoffs and the implementation of updated regulatory frameworks, it’s going to be “a landmark year for compliance… Read More

Wise Teams Up with Tencent Financial Technology to Streamline Global Money Transfers to China via Weixin

Wise clients across the globe will now have the option to conduct quick, seamless and cost-effective global fund transfers to Weixin users residing in China from 11 different currencies, including SGD, USD and GBP. Wise (LON:WISE), the international tech firm focused on creating the best… Read More

Digital River Confirms APAC Expansion, Cross-Border Services Now Available in 249 Markets

Digital River, a global commerce service provider, this week announced an expansion of its cross-border services to new geographies in the APAC region. This solution offers a single integration to enable brands to ship from 249 markets worldwide using their existing supply chain, or Digital… Read More

Moneycorp Americas Expands its In-Country Payment Capabilities

Moneycorp Americas, a provider of international payments and FX risk management solutions, has reportedly expanded its in-country payment capabilities by providing access to alternative payment channels in the APAC area, LatAm, as well as other world regions. As mentioned in a release, this fortified infrastructure… Read More

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