Blog

Cambodian Central Banker Serey Chea Among Select Few Joining AFIN’s Advisory Board

The ASEAN Financial Innovation Network (AFIN) announced the appointment of H.E Serey Chea, Prof. Olayinka David-West as advisors and Latha Ayyar as an independent director to its board. Through their respective roles, they will bring in invaluable expertise in financial

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Mambu Rolls Out Fully Digital Solution for SME Lenders to Fast Track Loan Approvals

Mambu, a SaaS cloud banking platform, has unveiled a fully digital solution for small and medium-sized enterprise (SME) lenders that cuts costs and speeds time to market. The platform provides banks and fintechs with robust, scalable loan management technology as

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Swiss SEBA Bank Strengthens APAC Presence With Appointment of New Asia CEO

SEBA Bank, a digital assets firm with a Swiss banking license from FINMA, announced the appointment of Sam Lin as its Chief Executive Officer for Asia with immediate effect. This appointment is in line with SEBA Bank’s aim to strengthen

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Swiss Banking Solution Provider Avaloq Makes Key Appointments for Its APAC Push

Swiss core banking solution provider Avaloq has announced a combination of senior promotions from within its Asia-Pacific business, to reflect the region’s growing prominence in its growth strategy. Gery Dachlan has been appointed as Managing Director for South Asia and

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Validus Exceeds S$1 Billion in SME Lending, Plans to Double That in 2022

Validus, a peer-to-peer (P2P) lending platform for small and medium-sized enterprises (SMEs), announced that it had exceeded S$1 billion in disbursals across the region. The firm said that this development comes as it enters its sixth year of operations. In

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SWIFT Go Is Now Live With 7 Global Banks for Low Cost Cross-Border Payments

SWIFT announces the launch of SWIFT Go, a new service that enables small businesses and consumers to send fast, low-cost cross-border payments anywhere in the world, direct from their bank accounts. Seven leading global banks are now using SWIFT Go

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BIS, MAS Plots Blueprint for a Global Real-Time Retail Payments Network

The Bank for International Settlements Innovation Hub Singapore Center and the Monetary Authority of Singapore (MAS) published a proposed blueprint to enhance the global payments network connectivity via multilateral linkages of countries’ national retail payment systems. Titled Project Nexus, this

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Vietnam’s Prime Minister Calls for Pilot of Central Bank Backed Digital Currency

Vietnam’s Prime Minister Pham Minh Chinh is asking the State Bank of Vietnam (SBV) to study and carry out a pilot implementation for a digital currency powered by blockchain technology in the 2021-2023 period. The surprise move came in the

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Crypto Firm Fireblocks Bags US$310M From Sequoia, Siam Commercial Bank’s VC Arm

New York-based digital asset custodian Fireblocks announced that it has raised US$310 million in a Series D funding round, boosting the company’s valuation to US$2 billion. The round was co-led by Sequoia Capital, Stripes, Spark Capital, Coatue, DRW VC and

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Fast-Growing Aussie Insurtechs Choose Singapore as Gateway to Southeast Asia

Singapore’s burgeoning fintech landscape, reliable physical infrastructure and progressive regulations are attracting Australia’s fast-growing high-potential, insurtech startups looking to take on Southeast Asia. Citing the city-state’s strategic location, high digital adoption, vibrant ecosystem of industry stakeholders eager to embrace cutting-edge

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