Tagged: asia pacific

New Payment Methods Introduced in Malaysia, Indonesia for Mass-Market Wirex Wallet

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

Insurtech: YAS MicroInsurance and Amodo Partner to Deliver “On-Chain” Insurance

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

Big Data Exchange (BDx) Expands Into Indonesia via $300M Venture

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

Binance Appoints Europol Crypto Expert, Jarek Jakubcek, as Head of Intelligence, Investigations APAC

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

Asia-Pacific Region Regulators Sharply Focused on Fintech Regulatory Frameworks Due to Unprecedented Digitalization: Report

In the APAC region, regulatory authorities have reportedly been working on frameworks and guidelines in order take account of various products and services that are being launched due to ongoing Fintech innovation and the rise of emerging technologies. However, with the COVID crisis significantly accelerating… Read More

MogoPlus Chooses TrueLayer for Open Banking Data Access in Australia via Consumer Data Right

MogoPlus, the international “experts” in bank transaction data insights, will reportedly work with TrueLayer, a key player in open banking, to “access financial data using Australia’s Consumer Data Right (CDR).” As mentioned in an update shared with CI, MogoPlus is in “the process of becoming… Read More

FT Partners’ Long-Term Client PPRO Acquires Alpha Fintech

PPRO, the provider of virtual payments infrastructure, announced the acquisition of Alpha Fintech, a next-gen payments tech firm. The deal will reportedly “expand PPRO’s offering, strengthen its presence and networks in Asia Pacific (APAC), and allow it to deliver products and services faster to its… Read More

Australian Wealth Firm FinClear Selects Broadridge to Expand Securities Finance Business

To assist in streamlining their securities finance offering, FinClear, the wealth management infrastructure provider in Australia, has chosen Broadridge Financial Solutions, Inc. (NYSE:BR). As mentioned in a release, Broadridge’s Securities Finance and Collateral Management (SFCM) FastStart solution offers FinClear and its clients “with enhanced functionalities… Read More

ComplyAdvantage Predicts Landmark Year for Fintech Industry Compliance Professionals

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

Wise Teams Up with Tencent Financial Technology to Streamline Global Money Transfers to China via Weixin

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

Embedded Finance: Darren Thang from Railsbank APAC Comments on How Property Buyers Will Get an Enhanced Experience

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

Moven Partners with Australia’s Banking Info and Communications Tech Integrator, Nixil

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

Stockholm’s Scila AB, a Provider of Trade Surveillance, AML Tech, Establishes New Singapore Office

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

Asia’s Digital Loan Platform iLex Reports $3B in Listed Assets and Network of Over 300 Market Participants

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

Market Data Admin Platform, DataBP, Teams Up with Singapore Exchange

DataBP, the market data administration platform and service provider for exchanges, index and data providers, has announced that it is teaming up with the Singapore Exchange (SGX). SGX is reportedly joining a community of exchanges that will be leveraging DataBP’s platform and managed services to… Read More

Shopping and Rewards Platform ShopBack Is Acquiring APAC Region’s BNPL Fintech hoolah

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

Sustainability linked Supply Chain Finance Program Introduced by Citi for APAC Region

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

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

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

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