Tagged: apac

March 18, 2021 @ 9:23 am By JD Alois  |  

Railsbank, a Banking as a Service (BaaS) platform, has expanded into Australia in partnership with digital bank Volt. Founded in 2016, Railsbank is based in the UK and offers APIs and apps for financial services firms to offer modern services. Volt is the first digital… Read More

March 3, 2021 @ 10:30 pm By JD Alois  |  

R3 will expand its presence in Thailand, including new hires, after the renewal of its partnership with Bangkok Bank, according to a statement by the firm. Amit Ghosh, Head of APAC, R3, stated: “Thai enterprises are at the forefront of innovation, digital transformation and blockchain… Read More

February 25, 2021 @ 11:52 pm By Omar Faridi  |  

Dublin-based Fenergo, a Fintech company focused on supporting digital transformation initiatives, has announced the appointment of a new Asia Head of Sales who will be leading growth operations and executing on Fenergo’s innovative Cloud strategy in the APAC region. Fenergo has hired Gary Brookes to… Read More

February 25, 2021 @ 11:39 pm By Omar Faridi  |  

BlockFi Inc., a financial services firm that’s focused on creating a bridge between digital currencies and traditional financial and wealth management products, has revealed that it has launched a Private Client Services offering for investors in the APAC region. BlockFi confirms that the new initiative… Read More

February 14, 2021 @ 7:29 pm By Omar Faridi  |  

The global micro-lending market is projected to reach a valuation of $343.84 billion by 2027, according to a new report. The expected increase in adoption of microlending in developing countries may improve consumers’ lifestyle or standard of living. The anticipated shift from traditional lending to… Read More

February 9, 2021 @ 10:43 pm By Omar Faridi  |  

A new study by Fenergo, provider of digital transformation, customer journey and client lifecycle management (CLM) software, has revealed that Malaysia ranked the highest for data privacy fines in the Asia-Pacific (APAC) region. Fines from Malaysian authorities totaled nearly $4 billion this past year. Neighboring… Read More

February 4, 2021 @ 8:55 pm By Omar Faridi  |  

Multinational corporation Zebra Technologies (NASDAQ:ZBRA) has reportedly launched new head offices in Singapore in order to expand its business operations in the Asia Pacific (APAC) region. The official launch of Zebra’s APAC headquarters has come as Singapore gets ready to begin its third phase of… Read More

January 27, 2021 @ 10:47 pm By Omar Faridi  |  

Thailand-based Omise, a digital payments platform, has reportedly chosen the Netcetera 3-D Secure Server in order to secure its transactions in the APAC region. The update is expected to go live this month. Netcetera, a Switzerland-based software firm providing virtual payment solutions, offers certified products… Read More

January 10, 2021 @ 9:28 pm By Omar Faridi  |  

Citi and Grab, which is Southeast Asia’s super app, have extended their partnership in consumer lending with the introduction of the bank’s API-powered lending solution for consumers in the Asia Pacific (APAC) region. Starting off in Singapore with additional markets in the APAC region to… Read More

January 9, 2021 @ 12:19 pm By Omar Faridi  |  

US-based digital currency exchange Gemini recently welcomed Eugene Ng as the firm’s new APAC Head of Business Development. Gemini’s management confirmed on January 7, 2021 that they’re pleased to announce that Eugene Ng will be serving as the crypto firm’s Head of Business for the… Read More

December 10, 2020 @ 8:33 pm By Omar Faridi  |  

Gaelle Olivier, CEO at Societe Generale (EPA:GLE) for Asia Pacific, a French multinational investment bank and financial services company with around €1.3 trillion in assets, argues that traditional banks should not think of Fintechs as direct competition. Olivier, whose comments came during a CNBC interview,… Read More

December 8, 2020 @ 10:39 pm By Omar Faridi  |  

Snowdrop Solutions Ltd. has teamed up with digital payments giant Visa in order to offer innovative location-enriched services to banking institutions and other financial services providers based in the Asia Pacific (APAC) region. Through the partnership, both companies aim to allow millions of consumers to… Read More

December 6, 2020 @ 9:01 pm By Omar Faridi  |  

Finastra, a financial services software and Cloud-enabled solutions provider, has revealed that Shinhan Bank Vietnam has decided to integrate its trading and risk software with the Fusion Kondor and Fusion Risk solutions. These solutions have been chosen because they’re supposed to offer greater flexibility and… Read More

November 29, 2020 @ 9:23 pm By Omar Faridi  |  

Online lender IN Financial through its subsidiary Cash-IN-Asia has secured S$5 million (appr. $3.74 million) in capital via an investment round that was led by Singapore’s VC venture firm DeClout Ventures. IN Financial is a Singapore-headquartered financing platform that’s enhanced by artificial intelligence (AI) and… Read More

November 24, 2020 @ 11:25 pm By Omar Faridi  |  

  Prominent digital bank Revolut is reportedly planning to hire several senior management professionals in Singapore. The UK-headquartered Fintech Unicorn noted that it’s looking to recruit senior-level executives for managing its operations in the city-state. As first reported by Tech in Asia, Revolut also plans… Read More

November 5, 2020 @ 11:05 pm By Omar Faridi  |  

  Digital challenger banks have adopted several different business models in order to establish operations in the Fintech and banking sector. They’ve experienced a threefold growth (over 300% growth) during the past five years, according to a new report from the Singapore Fintech Association (SFA)…. Read More

October 27, 2020 @ 10:14 pm By Omar Faridi  |  

Broadridge Financial Solutions, Inc. (NYSE:BR), an established provider of investor communications and tech-driven solutions to banks and asset managers, has announced that PAG, a major Asia-focused investment group, has selected Broadridge as a Cloud-enabled portfolio management solution provider. As confirmed in a release, the enhancement… Read More

October 21, 2020 @ 9:16 pm By Omar Faridi  |  

Mastercard, IDEMIA, and MatchMove will be piloting a fingerprint biometric card in Asia in order to improve the security and safety of contactless payments. According to a release, Mastercard will be partnering with IDEMIA, which offers “Augmented Identity” solutions, and MatchMove, a Singapore-based Fintech firm…. Read More

October 15, 2020 @ 4:28 pm By Omar Faridi  |  

Australia-based SME challenger bank Judo Bank has chosen nCino (NASDAQ: NCNO) to help streamline its lending processes. Judo Bank will be using nCino’s Cloud-powered platform to enhance its services which are mainly intended for small businesses. nCino, Inc. is an established cloud banking and digital… Read More

October 14, 2020 @ 8:22 pm By Omar Faridi  |  

The global digital banking market demand is expected to reach $12 trillion by 2026, according to a new report. The digital banking market from corporate banking is now on track to expand at an 8% CAGR from 2020 to 2026. This growth may be attributed… Read More