Archive
RCBC Bank Pulls a Philippine Fintech Thought Leader to Chair Their Innovation Office
The song and dance for incumbents in Philippines right now is “future-proofing”. Joining the trend of entrenched establishments disrupting themselves before they are disrupted, the Rizal Commercial Banking Corporation (RCBC) appoints Lito Villanueva as Executive Vice President and Chief Innovation
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Singapore’s NETS to Assist Myanmar in Implementing Universal QR Payment
The NETS Group today announced that it has signed a Memorandum of Understanding (MOU) with Myanmar’s national payment network to establish a Payment Technology Exchange & Development Programme. The first project under the Programme will see NETS sharing its technical
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Philippines’ Ayala Corp Raising US$150-M Fund for Disruptive Early-Stage Startups
The Ayala Corporation, Philippines’ oldest conglomerate, is raising a new venture capital fund worth US$150 million, dedicated towards investing into early stage startups engaged in e-commerce, as well as what the company deems as disruptive technologies; like fintech, healthtech, artificial intelligence,
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Citi Enters Partnership with one of the Hottest Fintechs in Vietnam
Citi Treasury and Trade Solutions announced a strategic partnership with Vietnam-based intermediary payment service provider Payoo to facilitate consumer-to-business collections for corporate clients in the country. Under the partnership, Citi’s corporate clients in Vietnam will be able to receive real-time
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Huawei Bets on Singapore’s Artificial Intelligence with New AI Innovation Lab
Huawei held its Cloud Summit 2019, in which the company announced the launch of its Cloud & AI Innovation Lab in Singapore. The lab aims to cultivate local AI talents and bridge Singapore with state-of-the-art AI technologies globally, and accelerate
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Minister Thinks Singapore Needs to Stop Snubbing Seniors for Fintech Talent
Technology isn’t just changing the way businesses work, it is also impacting careers across all fields and disciplines. This is especially true for the financial sector, as financial services institutions are investing heavily in new technological capabilities to enhance competitive
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The First Stablecoin Pegged to the Philippine Peso is Launched to Facilitate Money Transfers
Bitspark, a bankless money transfer platform, has just launched what it claims to be the first market-ready cryptocurrency pegged to the Philippine Peso (PHP)—named the peg.PHP Based in Hong Kong, the blockchain-enabled company made the revelation today, following its recent
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Flywire Joins The Growing Number of Financial Services Deploying Machine Learning
Flywire a payments firm announced that they are deploying machine learning capabilities into its payments platform. The enhancements are geared towards improving payment to settlement time, increasing security, cost reduction and to streamline reconciliation of the growing number of international
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3 Lessons Other Insurers Should Learn from Ping An
Insurance companies have been slow to adapt to a digital-first approach. In an increasingly digital world, many insurers are put in a tough spot as they struggle to keep up with the demands of a new generation of consumers. Taking
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3 in 4 Banks in Asia Will Invest in Machine Learning This Year
The financial services industry is undergoing profound shifts facilitated by technologies including artificial intelligence (AI), robotics and the Internet of Things (IoT), but according to Refinitiv, AI will be the single greatest enabler of competitive advantage in the financial sector.
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