Tagged: apac

Gemini Earn Is Now Available for Hong Kong Clients

The team at digital assets firm Gemini are pleased to announce the launch of Gemini Earn in Hong Kong, enabling users to earn as much as 8.05% APY on their crypto-assets. With Gemini Earn, interest is earned and compounded on a daily basis, and you… Read More

Digital FX Hub Created by Deutsche Bank and Monetary Authority of Singapore Completes First Set of Transactions

Deutsche Bank (ETR: DBK) announced that it has completed “its first set of live trades on its electronic foreign exchange (e-FX) hub, based in SG1.” The e-FX hub, which was created with assistance from the Monetary Authority of Singapore (MAS), allows Deutsche Bank’s customers to… Read More

XanPool Acquires $27M to Consolidate APAC Presence, Expand Products, Business Operations

XanPool, a payments infrastructure developer that operates in more than 13 countries in the Asia Pacific region, has acquired $27 million in capital via a Series A round that was led by Valar Ventures, along with contributions from investors such as CMT Digital, as well… Read More

Mastercard Teams Up with Demica to Support Improved Access to Working Capital Solutions

Payment solutions provider Mastercard (NYSE: MA) has entered into a partnership agreement with Demica in order to introduce a supply chain finance capability within Track Business Payment Service (Track BPS). This should enable improved access to “flexible working capital for buyers and suppliers.” As mentioned… Read More

As Alternative Payments Adoption Increases, Banks Must Also Offer Efficient Options: Report

Payments are entering a new “experience-driven” era (Payments 4.X1), “ushered in by an accelerated transformation timeline” because of the Coronavirus crisis and the increasing virtual appetite of clients, according to the World Payments Report 2021 released by Capgemini. As noted in a release: “With the… Read More

METACO, Provider of Infrastructure for Digital Assets, Establishes APAC Headquarters in Singapore

METACO, the provider of security-critical software and infrastructure to the digital asset ecosystem, reveals that it has established its Asia Pacific headquarters in Singapore, “with a strong team managed by newly appointed Managing Director APAC, Patrick Enjalbal.” As mentioned in a release shared with Crowdfund… Read More

Eventus Systems, a Multi-Asset Class Trade Surveillance and Market Risk Solutions Provider, Makes Key Appointments

Eventus Systems, Inc., an international provider of multi-asset class trade surveillance and market risk solutions, reveals that it has made several key appointments in Europe as part of the company’s growth in the region and globally. Bringing considerable experience into the new roles are Ollie… Read More

NPCI, the Global Unit of National Payment Corp of India, and Liquid Group to Support QR Enabled Transactions

NPCI International Payments Ltd (NIPL), the global division of the National Payment Corporation of India, has teamed up with Liquid Group Pte. Ltd., a cross border payments provider, in order to support UPI QR-enabled payments acceptance in 10 different markets across North Asia and Southeast… Read More

Regtech Firm AsiaVerify Provides a Much Needed Process to Know Your Customer Across the Asia Pacific Region

Making certain a person or business is actually who or what they claim to be is very important. In a world that has migrated to virtual offices and digital meetings, the task of validation is an even greater necessity. AsiaVerify is a Regtech firm based… Read More

Fintech Stripe Extends Partnership with China’s UnionPay International, a Leading Global Payments Network

Stripe, a tech firm that develops vital economic infrastructure for the Internet, has extended ts partnership with China’s UnionPay International, which is one of the biggest payment networks in the world. The updated integration should enable businesses in over 30 different markets, including Australia, Singapore,… Read More

Hong Kong Insurtech OneDegree Secures $28M via Series B1 from Sun Hung Kai & Co., Others

Hong Kong-based OneDegree, an Insurtech firm under the Cyberport Incubation Program, revealed on August 30, 2021 that it has secured $28 million in capital through a Series B1 round. The company has secured more than $70 million, to date. As noted by its management: “In… Read More

Biometrics Firm Fingerprint Cards AB and Seshaasai, a Smart Card Producer, to Provide Contactless Payment Cards in India, APAC

Biometrics firm, Fingerprint Cards AB, and Seshaasai, an established smart card manufacturer in India with a strong APAC presence, have entered into an agreement “to develop, launch, market, and sell” contactless biometric payment cards in India and the wider APAC region, according to a release…. Read More

Indonesian Tech Giant Bukalapak to Leverage Fraud Prevention Solution from Vesta to Maximize Legit Credit Card Transactions

Vesta, the only “instant, end-to-end” transaction guarantee platform for making online purchases, recently revealed that it has been chosen by Bukalapak, which is one of Indonesia’s biggest tech firms. According to a release, Bukalapak will be leveraging Vesta’s extensive fraud prevention solution “to maximize approvals… Read More

SaaS Cloud Platform Mambu Introduces All-Digital Solution for SME Lenders, Will Lower Costs, Speed up Time to Market

Mambu, a software-as-a-service or SaaS Cloud banking platform, has introduced an all-digital solution for SME lenders that aims to lower overall costs while speeding up the time to market. The new platform will be offering both banks and Fintechs with robust, scalable loan management solutions… Read More

UK’s Open Banking Fintech TrueLayer Appoints Tilen Chetty, Dan Gaskin to Focus on APAC Expansion

TrueLayer, the global Open Banking solution provider, reveals that it has hired technical professionals in Australia in order to expand operations in the APAC region. Tilen Chetty will be joining TrueLayer in Sydney as Product Lead and Dan Gaskin will be working out of the… Read More

UK Cross-Border Payments Fintech Currencycloud Introduces Knowledge-Sharing Initiative for Series A Startups

Currencycloud, the Fintech firm that aims to simply and streamline business in a multi-currency environment, has introduced its Bold Academy – which is described as a knowledge-sharing program for Series A-funded startups or early-stage ventures. The Bold Academy has been launched along with an update… Read More

Digital Transformation Enabler Mobiquity to Expand Operations into APAC Region, Appoints New VP of Business Development Financial Services

Mobiquity, a full-service digital transformation service provider, revealed that it has expanded its operations into the Asia-Pacific. The company’s APAC expansion will be supported by the appointment of ex- Microsoft and IBM Director, Gustavo Quiroga, who will be serving as Vice President of Business Development… Read More

Open Banking: Indonesian Fintech Brankas Exceeds 10M Monthly API Calls with Over 80 Network Partners

Indonesia-based Brankas, an Open Banking services provider, recently revealed that it has managed to exceed 10 million monthly API calls with more than 80 network partners. The Brankas platform currently operates in over six different countries and has teamed up with over 30 financial institutions… Read More

US Fintech Broadridge Financial Solutions Hires Ian Strudwick as GM and Head of APAC

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

Singapore’s DBS Issues SGD 15 Million Digital Bond in First Security Token Offering

Singapore-based DBS Bank Ltd (SGX:D05), a multinational banking and financial services corporation with over $330 billion in assets, revealed on Monday (May 31, 2021) that it has priced a SGD 15 million (appr. $11.35 million) digital bond, which marks DBS Digital Exchange’s (DDEx) first security… Read More

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