Tagged: apac

December 4, 2022 @ 2:24 pm By Omar Faridi  |  

MUFG Bank (NYSE:MUFG) claims it is the “first” Japanese bank to commit to using CLSNet, CLS’s bilateral payment netting calculation service “for over 120 currencies.” MUFG Bank will “join the expanding CLSNet community of global and regional banks, which includes eight of the top ten… Read More

December 2, 2022 @ 9:26 pm By Omar Faridi  |  

SCB 10X, the venture investment arm of SCBX group, building and incubating startups in the Web3 and blockchain industry, announced the launch of SCB 10X DISTRICTX, a physical space in the middle of Bangkok CBD “to build & foster world-class communities in Blockchain and Web3.”… Read More

December 1, 2022 @ 7:11 am By Omar Faridi  |  

SEBA Bank AG, which claims to be a leading crypto bank in Switzerland having a suite of fully regulated banking services, officially opened its Hong Kong office for its subsidiary, SEBA (Hong Kong) Limited (SEBA Hong Kong). SEBA Bank says that it has “a strong… Read More

November 20, 2022 @ 9:37 pm By Omar Faridi  |  

LMAX Group, the operator of institutional exchanges for trading FX and digital assets, is expanding its global technology infrastructure in Asia Pacific “following the launch of a matching engine in the Equinix IBX Data Centre in Singapore (SG1).” SG1, which went live earlier this year,… Read More

November 14, 2022 @ 10:26 pm By Omar Faridi  |  

Credisense, a no-code origination, workflow and credit decisioning platform, has partnered with cloud-native SaaS banking and financial services platform Mambu, “to accelerate the modernization of lending systems in the Asia Pacific market.” The partnership will “provide lenders of all sizes with a flexible end-to-end lending… Read More

November 14, 2022 @ 9:04 pm By Omar Faridi  |  

Binance, which claims to be the world’s “leading” blockchain ecosystem and cryptocurrency infrastructure provider, entered into a joint venture (JV) agreement with Royal Group of Companies, Cambodia’s strategic investment holding company, “to solidify the relationship between the two parties and to expand blockchain ecosystem in… Read More

November 2, 2022 @ 12:17 pm By Omar Faridi  |  

Rapyd, the fintech platform for global payments, payouts and business everywhere, has announced the launch of a multi-currency Treasury Solution, which is reportedly the “first of its kind” for the APAC area. This solution is described as a collection of cash management features/solutions that optimize… Read More

October 23, 2022 @ 11:23 pm By Omar Faridi  |  

Leveraging the firm’s expertise in asset management and Bitcoin Mining, JKL Group is set to raise “a $50M mining infrastructure fund from family offices, HNWI, and institutional investors active in the digital assets space.” JKL Group is reportedly “the first APAC headquartered digital asset management… Read More

October 21, 2022 @ 5:33 pm By Omar Faridi  |  

Remitly Global, Inc. (NASDAQ: RELY), a digital financial services provider for immigrants and their families in over 170 countries around the world, announced key business milestones in the Asia-Pacific (APAC) region. Remitly has expanded its global footprint “to include Japan and New Zealand. To date,… Read More

October 11, 2022 @ 9:43 pm By Omar Faridi  |  

Zetl and Netbank, (a Rural Bank), inc. have partnered in order “to provide an innovative approach to SME financing in the Philippines.” Under this partnership, Zetl will “identify ‘asset light’ SMEs with a regular and guaranteed income stream, seeking funding.” Netbank will “provide loans to… Read More

September 28, 2022 @ 1:26 pm By Omar Faridi  |  

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

September 6, 2022 @ 11:39 pm By Omar Faridi  |  

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

August 14, 2022 @ 2:05 pm By Omar Faridi  |  

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

July 1, 2022 @ 8:39 am By Omar Faridi  |  

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

June 15, 2022 @ 1:42 am By Omar Faridi  |  

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

June 10, 2022 @ 8:11 pm By JD Alois  |  

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

June 2, 2022 @ 6:56 am By JD Alois  |  

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

May 25, 2022 @ 10:30 am By Omar Faridi  |  

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

May 16, 2022 @ 11:36 pm By Omar Faridi  |  

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

May 16, 2022 @ 11:05 pm By Omar Faridi  |  

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