Posts From Company Announcement

14 Out Of 21 Digital Bank Applicants Eligible for Next Stage of Assessment

The Monetary Authority of Singapore (MAS) announced today that 14 of the 21 digital bank applications have met the eligibility criteria required for the application to be considered. These eligible applicants, comprising five digital full bank (DFB) applicants and nine

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Huawei Ascends Technology in an Intelligent Era: Winning with an Ecosystem

Artificial Intelligence (AI) is no longer just a catch phrase, but is slowly becoming a new type of general computing technology. Inevitable it is one of the key drivers of technological innovation and thus social and economic revolution. Huawei never

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TransferWise Reaches £2 Billion Milestone in Their Multi Currency Account

TransferWise,  announced today that its customers are currently holding £2 billion in deposits in the multi-currency accounts. TransferWise’s account has seen rapid adoption year-on-year by millions of expats, travellers, freelancers and businesses across the world looking for a cheaper, faster,

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OVO’s P2P Lending Arm Taralite Secures License from Indonesia Financial Services Authority

OVO , a leading payments and financial services app in Indonesia, announced that its lending arm, Taralite, a peer-to-peer (p2p) lending services provider, has obtained a business license from the Indonesia Financial Services Authority (OJK). This decree elevates Taralite from

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Huawei Cloud Hosts Virtual Summit Showcasing the Importance of Cloud Computing in Internationalization Strategies

Cloud has taken over the enterprise with now 90% of organizations using cloud-based services, according to Deloitte’s Tech Trends 2020 report. Investment in the field is set to boom with the consulting firm expecting cloud investments to double as a

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Finastra Appoints Margaret Franco as Chief Marketing Officer

Finastra has appointed Margaret Franco as Chief Marketing Officer. Joining from Dell Technologies, she is based at Finastra’s London headquarters and takes responsibility for leadership of the global marketing organization, including corporate communications, brand, digital, solutions and field and partner

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Regtech Solution Provider IMTF Announces New APAC Head

IMTF, the Leading Swiss provider of RegTech solutions in the financial service industry since 1987, has reinforced its APAC focus and presence with the nomination of Jordan Lo to the company’s management team. Jordan Lo will take over as APAC

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Singapore Bitcoin Traders Shift To PrimeXBT To Bet On Traditional Market Moves

Traditional markets are more volatile than ever before, which means that these tried-and-true markets are attracting Bitcoin traders from all over, who don’t want to miss out on these once in a lifetime profit opportunities. But few platforms exist that

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Huawei Cloud is Giving Away US$200 Cash Coupons, Here’s How You Can Get It

Huawei Cloud announced a campaign recently where the cloud service provider will be offering US$ 200 cash coupons that can be redeemed for any purchase amount. This coupon is applicable when purchasing pay per use, monthly, and even yearly packages.

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AsiaCollect Completes US$ 6M Series Funding; Rebrands to Flow

Previously known as AsiaCollect, Flow, the credit management company announced today its Series A funding of US$6 million. The round is led by global institutional investors DEG, a development finance institution and a subsidiary of KfW Group of Germany; Dymon

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