Blog

APAC Leads the Way on Central Bank Digital Currencies

The global crisis caused by the COVID-19 pandemic has rapidly pushed many businesses into a digital world. Central banks are now also adapting the architecture of money to this new digital business reality, but some countries are more forward-thinking than

Australia Digital Banking

Competition Heats up in Australia’s Neobanks, Digital Banks Market

Since 2019, a wave of digital banks have arrived in Australia on a back of favorable legislation changes which took place in 2018. Today, Australia is home to five independent, licensed neobanks, in addition to a plethora of digital banking

Mobile Payments

Razer Fintech and Visa Offers Sneak Peak of New Prepaid Card

Razer Fintech, the financial technology arm of Razer has collaborated with Visa, to unveil a brand-new Visa prepaid solution – the Razer Card. Users can sign up and use the virtual card at no subscription, with the option to upgrade

Cloud

Monese Selects Thought Machine’s Core Banking Platform Vault

Monese, pan-European banking service, announced that it will adopt Thought Machine’s cloud native core banking platform Vault. Monese will migrate its existing customer base onto Thought Machine’s cloud native platform, as it focusses on strengthening the company’s core technology platform

Blockchain Trade Finance

SWIFT and Singapore’s IMDA to Accelerate Global Trade Digitalisation

SWIFT and Singapore’s Infocomm Media Development Authority (IMDA) has signed a Memorandum of Intent (MOI) to accelerate trade digitalisation globally. The MOI looks at offering SWIFT’s community a more efficient and cost-effective cross-border paperless trade, without the need for multiple

Indonesia Mobile Payments

Crowded Indonesian Market: 51 Licensed E-Money Providers

Bank Indonesia, the country’s central bank, has issued two new e-money licenses so far this year. These two new additions bring the total number of licensed e-money providers to 51, comprising 14 banks, and 37 non-bank providers, according to data

Thailand Trade Finance

IBM and Thai Blockchain Community Revamps Electronic Letter of Guarantee Platform

IBM and the Thailand Blockchain Community Initiative (BCI) jointly announced that its electronic letter of guarantee (eLG) platform and network is now extending the scope and reach of its services and network to businesses of all sizes. The extended capabilities

Various

Why B2B Fintechs Are Ready for Prime Time

Until now, consumer fintech has been all the rage, but recent funding rounds and exits including Plaid’s US$5.3 billion sale to Visa, Social Finance (SoFi)’s US$1.2 billion acquisition of Galileo, and nCino’s initial public offering (IPO), might very well indicate

Various

Shopee and Visa Inks Five-Year Partnership to Boost the Digital Economy

Shopee, e-commerce platform, and Visa announced a five-year regional strategic partnership intended to encourage greater participation in South East Asia’s digital economy. They added that this partnership is part of Shopee’s mission to better the lives of individuals and businesses

Innovation Sponsored

Highlights from CREALOGIX’s Open Innovation Day 2020

CREALOGIX‘s online event Open Innovation Day 2020 had over 700 people registering from 40 different countries as the topic of innovation in digital banking is a high priority across the globe. From the discussions, the sense of urgency came across