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Fintech
Hg Exchange (HGX), a Singapore-headquartered private securities exchange, has appointed Lawrence Wong as chairman of the board, effective August 1.
15 Aug 2022
The Bangko Sentral ng Pilipinas (BSP) on Friday (August 12) announced that it is imposing a three-year ban on licences granted to virtual asset service providers (VASP). During the moratorium, which begins on September 1, the central bank will review the local market.
15 Aug 2022
The energy, transport, food, information and materials sectors are all undergoing rapid technological disruption. But with the right choices, we can rapidly build a more just and advanced civilization that provides unprecedented levels of universal and sustainable prosperity
11 Aug 2022
Atome Financial has secured a US$100 million debt facility from HSBC Singapore to bolster its flexible deferred payments business across Asia.
11 Aug 2022
Navigator Investment Services, an investment platform under Singlife with Aviva, has ramped up its operations and management strength with the appointment of senior executives from the regional banking and technology industries.
11 Aug 2022
Tata Communications has enhanced its InstaCC platform with digital features to improve the way global enterprises engage with their customers. The platform is an omnichannel Contact Centre as a Service (CCaaS), which enables businesses to seamlessly grow beyond geographies while adhering to international regulatory compliance, Tata says. It allows companies and their clients to connect across varied channels ranging from social media to web browsers to mobile applications and company websites.
10 Aug 2022
The number of consumers availing themselves of the “buy now, pay later” (BNPL) payment scheme will surpass 900 million globally by 2027, up from 360 million this year, according to a new report. This growth of over 150% will be driven by the increase in demand for low-cost credit solutions on the back of the expected economic downturn, says Juniper Research.
10 Aug 2022
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Philippine-based ATR Asset Management and Trust Corporation (ATRAM) is partnering with additiv, a wealth tech solutions provider headquartered in Zurich, Switzerland, to modernize and digitize its wealth management solutions.
8 Aug 2022
Philippine regulators have cautioned local investors against dealing with cryptocurrency exchange Binance, noting that it does not have a licence to operate in the country.
8 Aug 2022
Following the swift adoption of digital financial processes in the wake of the Covid-19 pandemic, consumers across globe have rapidly embraced digital payment systems, including digital wallets, for their day-to-day activities. According to Juniper Research, digital wallet transactions globally are predicted to exceed US$12 trillion by 2026, from just around US$7.5 trillion this year. The number of digital wallet users, currently around 3.4 billion, is predicted to grow to 5.2 billion by 2026.
5 Aug 2022
Customers younger, tech-savvy, high-net-worth individuals who seek growing autonomy
4 Aug 2022
The Hong Kong and Shanghai Banking Corporation (HSBC) has appointed Shayan Hazir as chief digital officer, Asean, effective August 8.
4 Aug 2022
Revolut, a London-based fintech company boasting more than 20 million customers worldwide, on Thursday (August 4) launched a new cryptocurrency service in Singapore, enabling customers to securely buy, hold and sell cryptocurrencies with the tap of a button. Revolut is providing all customers in Singapore with more than 80 tokens available via its app.
4 Aug 2022
Growing demand by banking customers for sustainable banking services in region
3 Aug 2022
SC Ventures, Standard Chartered’s innovation and fintech investment arm, has announced the launch of Appro. The Dubai-based fintech start-up offers a solution that reduces the time taken to complete the application processes for retail banking products – such as credit cards and personal loans – from several hours to just three minutes.
3 Aug 2022
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