Tagged: apac

March 14, 2020 @ 7:09 pm By Omar Faridi  |  

Singapore-headquartered DBS Bank, a multinational banking and financial services corporation with over $330 billion in total assets, has reportedly facilitated a trade financing settlement through vCargo Cloud’s CamelONE trade finance portal (TFP). The SGD 4.8 million (appr. $3.4 million) letter of credit transaction was carried… Read More

February 12, 2020 @ 8:42 pm By Omar Faridi  |  

The global artificial intelligence (AI) market size is projected to hit $390.9 billion by 2025. The market is expected to achieve a compound annual growth rate of 46.2% from 2019 to 2025. AI is a major technological innovation along with Big Data advancements, machine learning… Read More

November 11, 2019 @ 1:05 pm By Omar Faridi  |  

Wirex, a borderless payment platform, announced on November 11 that it will be introducing a new Visa Travelcard at the Singapore Fintech Festival. According to a release shared with Crowdfund Insider: “The multi-currency travel card will empower customers across the APAC region to seamlessly spend… Read More

November 28, 2018 @ 8:43 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) is out with their 3rd Asia Pacific Region Alternative Finance Industry Report. According to CCAF, the alternative finance sector in the Asia Pacific (APAC) region increased to $358 billion in 2017 but overall growth has slowed. As in previous… Read More