Tagged: apac

February 20, 2022 @ 10:17 pm By Omar Faridi  |  

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

February 2, 2022 @ 3:19 pm By Omar Faridi  |  

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

January 30, 2022 @ 9:18 pm By Omar Faridi  |  

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

January 21, 2022 @ 7:38 pm By Tony Zerucha  |  

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

January 21, 2022 @ 6:27 pm By Omar Faridi  |  

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

January 7, 2022 @ 6:03 pm By Omar Faridi  |  

Railsbank APAC Marketing Manager Darren Thang has taken a look at how property buyers are about to get an enhanced experience. Thang writes in a blog post that increasingly, nonbank firms are “warming to the idea of embedded finance experiences, offering banking-like services that provide… Read More

December 23, 2021 @ 11:27 pm By Omar Faridi  |  

WEX (NYSE: WEX), a financial technology service provider,  announced two additions to its executive leadership team: Karen Stroup as Chief Digital Officer, and Carlos Carriedo as Chief Operating Officer, International. Stroup and Carriedo are responsible for overseeing WEX’s operations in Europe, the EMEA and Asia… Read More

December 14, 2021 @ 9:46 pm By Omar Faridi  |  

Temenos (SIX: TEMN), the banking software firm, has confirmed that KAF, a diversified financial services conglomerate in Malaysia, has chosen the Temenos Banking Cloud to introduce a digital lending business. KAF will reportedly be using Temenos Banking Services for handling retail loans and Islamic financing… Read More

November 13, 2021 @ 10:00 am By Omar Faridi  |  

ABAKA has announced the closing of a $5 million second tranche of its Series A round. The company’s investment round has reportedly been co-led by Lingfeng Capital and Thames Trust, along with contributions from new and existing investors. ABAKA‘s management noted that the proceeds will… Read More

November 11, 2021 @ 5:47 pm By Omar Faridi  |  

Moven is pleased to confirm that it has entered into a partnership with Australia’s banking Information and Communications Technology (ICT) integration provider, Nixil Pty Ltd, with the aim of establishing a footprint in the fast-evolving virtual banking space that is “opening up in the region.”… Read More

November 11, 2021 @ 7:53 am By Omar Faridi  |  

Scila AB, the Stockholm-headquartered independent provider of trade surveillance, anti-money laundering and risk management tech, has established a new regional office in Singapore “covering the Asia-Pacific region.” As mentioned in a release, Scila has worked cooperatively with clients in the APAC region since 2009, and… Read More

November 10, 2021 @ 6:43 am By Omar Faridi  |  

One of Asia’s first multi-dealer digital loan platforms, iLex, reports $3 billion of assets listed and a network of more than 300 market participants iLex, which is one Asia’s first multi-dealer electronic market for corporate loans, has announced that it has $3 billion of assets… Read More

November 3, 2021 @ 9:05 pm By Omar Faridi  |  

Shopping and rewards platform ShopBack announced on November 2, 2021 that it has obtained consent from shareholders of hoolah, a Buy Now, Now Later (BNPL) platform, for a 100% acquisition of the firm by ShopBack. hoolah, combined with ShopBack’s position as the publisher and shopping… Read More

November 2, 2021 @ 1:59 pm By Omar Faridi  |  

US investment bank Citi (NYSE: C) has introduced its first sustainability-linked supply chain finance (SSCF) program in the Asia-Pacific region. Via the SCCF program, Citi intends to support customers as they work on their ESG priorities, enhance supply chain resilience, and effectively manage working capital… Read More

October 25, 2021 @ 11:23 pm By Omar Faridi  |  

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

October 23, 2021 @ 4:57 pm By Omar Faridi  |  

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

October 22, 2021 @ 9:19 pm By Omar Faridi  |  

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

October 22, 2021 @ 9:18 am By Omar Faridi  |  

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

October 10, 2021 @ 4:38 pm By Omar Faridi  |  

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

October 6, 2021 @ 10:55 pm By Omar Faridi  |  

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