Tag "Asia"

Robo-advisor platform Bambu announces strategic investment led by Franklin Templeton and Wavemaker

Bambu, a B2B robo-advisor platform provider, announces it has completed a funding round led by three new investors. Franklin Templeton Investments, a global leader in asset management, becomes the first strategic investor in Bambu. Wavemaker Partners, one of Singapore’s leading

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PolicyPal becomes the First Start-Up to Graduate from the Mas Fintech Regulatory Sandbox

Singapore-based startup PolicyPal today announced its graduation from the MAS FinTech Regulatory Sandbox and will commence operations as a registered direct insurance broker and exempt financial adviser under its subsidiary BaoXianBaoBao Pte Ltd from 1st September 2017. PolicyPal is the

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SAS and KPMG launch first cloud-based IFRS9 and stress testing RegTech solutions in Asia

SAS and KPMG in Singapore released two new Managed Analytics Service Providers (MASP) solutions – the first cloud-based, cost-effective and secure solutions in market to help financial institutions in Asia meet the International Accounting Standards Board’s (IASB) new IFRS9 reporting

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Payments Council Sets Up Taskforce to Develop Common QR Code for Singapore

Establishing interoperable electronic payments and developing a common QR code for Singapore were two key topics that the Payments Council discussed at its inaugural meeting on 11 August 2017. Establishing interoperable electronic payments The Council noted electronic payments as a

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Singapore-Based Blockchain Solutions Provider Bluzelle Closes US$1.5 Million Series a Round

Singapore based blockchain solutions provider Bluzelle has announced that it has raised a US$ 1.5 million Series A round. Aiming to be the database of the sharing economy and next iteration of the internet, Bluzelle is developing a decentralized, on-demand,

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OCBC Bank Launches Mobile Keyboard to enable Cashless Payment directly from any Mobile App

OCBC Bank has launched a mobile keyboard that allows customers to make peer-to-peer payments without having to exit their current mobile applications. The OCBC Keyboard can be used within any mobile app or browser – for instance, within Facebook, Whatsapp,

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Top 5 Fintech Philippines News of the Week

Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week: Here we go:   Fintech In The Philippines: What The Banks Are Doing? Fintech companies, which are playing an increasingly important role in the Philippines’

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11 Recent Fintech Fundings in Singapore, Hong Kong, India and other Southeast Asia countries

In 2016, a total of US$23.5 billion was invested into fintech globally, with Asia Pacific receiving more than half of the amount (US$14.8 billion), according to Startupbootcamp. While China and India continue to dominate the region as the largest fintech

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Why Asia Needs Alternative Credit Scoring

While progress has been made in expanding financial inclusion, there are still billions of people in the world who do not have access to basic banking services, including access to credit. Between 2011 and 2014, the number of people worldwide

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The ASEAN Digital Journey to 2025

A report by the Global Transaction Banking (GTB) department of Deutsche Bank named Reimagining ASEAN: The digital journey to 2025, revealed that significant gaps remain before it becomes an “advanced digital region”. This is despite key economic policies signed by

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