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    AI

    OCBC’s New Voice-Based Virtual Assistant Gaining Traction

    Fintech News SingaporeSeptember 10, 2019

    Each month, over two million banking transactions and services are performed using the OCBC Mobile Banking app. Since 19 August 2019,…

    FundingIndonesiaLending

    Indonesia-Based Lending Fintech Raises US$ 24 Million in Gobi Partners Led Round

    Fintech News SingaporeSeptember 10, 2019

    Indonesia based SuperAtom has closed its latest funding round of US$24 million. The round was led by Gobi Partners through…

    Mobile PaymentsPhilippines

    Philippines To Launch Standardised QR Code For Payments Soon

    Fintech News PhilippinesSeptember 9, 2019

    The Philippines is anticipated to launch a standardised QR code for payments by September, according to a report by Philstar.…

    Digital Banking

    China’s Insurance Giant, Ping An Considering Digital Banking License in Singapore

    Fintech News SingaporeSeptember 6, 2019

    Ping An’s fintech unit OneConnect, is considering to apply to Singapore digital banking license, according to a recent Bloomberg report.…

    Blockchain

    Crypto Exchange Huobi to Launch a USD$ 515 Blockchain Phone

    Fintech News SingaporeSeptember 5, 2019

    Huobi Exchange announced that they will be launching their blockchain phone named “Acute Angle” soon. As part of that launch,…

    Digital Banking

    New Digital Banks Unlikely To Threaten DBS, OCBC and UOB, Fitch Ratings Says

    Fintech News SingaporeSeptember 4, 2019

    Singapore’s granting of up to five new digital bank licenses is unlikely to threaten the dominance of the country’s three…

    Mobile PaymentsPhilippines

    Philippines’ Fintech Industry Calls for ASEAN Wide Standardised QR

    Fintech News PhilippinesSeptember 4, 2019

    The ASEAN must standardize quick-response (QR) codes for digital payments platforms to facilitate and simplify regional trade. Lito Villanueva, Chief…

    IndonesiaLending

    Kredivo Closes up to US$20m Credit Line with Partners for Growth

    Fintech News SingaporeSeptember 4, 2019

    Jakarta-headquartered Kredivo, a digital credit platform for retail borrowers across Indonesia, and Partners for Growth V, L.P. (PFG), a  venture…

    Funding

    London-Based Open Banking Platform Raises US$ 10 Million, Expands to Singapore

    Fintech News SingaporeSeptember 4, 2019

    Railsbank an open banking and RegTech platform, announces that it has raised $10m in a Series A funding round, led…

    Digital BankingPhilippines

    State-Owned Overseas Filipino Bank to Become a Fully Digital Bank by 2020

    Fintech News PhilippinesSeptember 3, 2019

    The Overseas Filipino Bank (OFBank), a state-owned bank and a subsidiary of Land Bank of the Philippines, is planning to…

    Various

    Visa Racks Up Fintech Investments in 2019

    Fintech News SingaporeSeptember 3, 2019

    Visa, the world’s second-largest card payment organization, has turned to fintech acquisitions, investments and strategic investments to further expand its…

    Mobile PaymentsVietnam

    New Wallet in Vietnam: SmartPay Acquires More Than 200,000 Users Since Its Launch

    Company AnnouncementSeptember 3, 2019

    Launched by Smartnet in May 2019, SmartPay acquired over 200,000 users and 3,000 merchants across Vietnam. Different types of merchants…

    Various

    Finastra Appoints New Asia Pacific Head

    Fintech News SingaporeAugust 30, 2019

    Finastra has appointed Wissam Khoury to lead its Asia Pacific (APAC) business. In this new expanded role as Senior Vice…

    Mobile PaymentsVietnam

    Flywire and VPBank Partner on International Tuition Payments for Vietnamese Students

    Fintech News SingaporeAugust 30, 2019

    Flywire and VPBank announced a new partnership that will simplify international tuition payments for Vietnamese students. Working together the companies are…

    IndonesiaRemittance

    TranSwap Gets Regulator Approval to Launch Remittance Services in Indonesia

    Fintech News SingaporeAugust 29, 2019

    Home-grown cross-border payments platform TranSwap today announced that it has successfully obtained its money remittance Fund Transfer Operator license from…

    Digital Banking

    MAS Invites Applications for New Digital Bank Licences Starting Today

    Fintech News SingaporeAugust 29, 2019

    The Monetary Authority of Singapore (MAS) announced today that it will begin accepting applications for new digital bank licences. Interested…

    Australia

    Australia Stock Exchange to Work With VMWare and Digital Assets on DLT

    Fintech News SingaporeAugust 29, 2019

    The Australian Securities Exchange (ASX) has signed a three-party memorandum of understanding (MOU) with Digital Asset and VMware to work…

    Digital BankingVarious

    MAS’ Chief Fintech Officer on Making Singapore a World Leader in Digital Banking

    Fintech News SingaporeAugust 29, 2019

    Over the past couple of years, Singapore has emerged as one of the fintech’s top hotspots in the world. Today,…

    Digital Banking

    Maybank Eyeing Digital Banking License in Singapore

    Fintech News SingaporeAugust 29, 2019

    Maybank Singapore is reportedly eyeing one of the five digital banking licenses, Alvin Lee, Head of Community Financial Services reveals…

    Various

    Swiss Software Giant Avaloq Appoints New Head of Asia

    Fintech News SingaporeAugust 28, 2019

    Avaloq has appointed Imad Abou Haidar as the firm’s new Head of Asia. Imad joins from London-headquartered software firm Finastra,…

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