Blog
Seizing the Billion-Dollar Opportunity of Generative AI in Financial Services
In an era where technology and innovation are pivotal to competitive advantage, the financial services industry stands on the cusp of a transformative revolution, primarily driven by the advent and integration of generative AI technologies. For the uninitiated, this advanced
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SC Ventures Invests in Sharia-Compliant UK Fintech Algbra
SC Ventures, the innovation and ventures unit of Standard Chartered, has made a strategic investment in Algbra, a UK-based fintech that focuses on ethical and sharia-compliant finance. The financial details of the investment have not been disclosed. Shoal, which is
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Revolut’s Youth-Focused Financial App Surpasses 2 Million Users Globally
Global neobank Revolut announced today that its youth-focused financial app designed for individuals aged 6-17, has surpassed two million users worldwide. The <18 app, part of a suite aimed at empowering the next generation with financial literacy, now counts more
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Money20/20 Asia Set to Spotlight APAC Regulators for Fintech Growth
Money20/20 Asia, set for 23-25 April at the Queen Sirikit National Convention Center in Bangkok, will prominently feature regulators from Asia’s financial sector among its speakers. This addition of Bangkok marks it as the third city to host the event,
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How Next-Gen Payment Platforms Are Leading the Shift from Legacy Systems
In the rapidly evolving financial services landscape, the journey from entrenched legacy systems to cutting-edge digital payment platforms is a technological upgrade and a fundamental transformation. This transition embodies a shift towards fostering innovation, operational excellence, and superior customer engagement.
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Silent Eight to Power AIA’s Financial Crime Compliance
Pan-Asian life and health insurer AIA has partnered with regtech firm Silent Eight, which specialises in AI-driven compliance solutions. This collaboration will involve the deployment of Silent Eight’s AI platform, Iris, to enhance AIA’s financial crime compliance screening processes across
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Revolut India Secures In-Principle Approval for Prepaid Cards and Wallets
Global neobank Revolut announced that its Indian entity has secured in-principle approval from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPI), such as prepaid cards and wallets. This new approval complements their existing authorisation to operate
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9Basil Acquires AlteriQ Global to Fuel APAC Private Credit Growth
9Basil Group, a Bangkok-based alternative investments firm, has acquired the boutique private credit platform AlteriQ Global, marking a significant expansion into the Asia Pacific private credit market. The acquisition deal includes a US$50 million capital commitment into AlteriQ to enhance
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The Sponsors Backing Money20/20 Asia’s Inaugural Thai Edition
In the rapidly evolving landscape of fintech, industry events and conferences serve as epicenters of collaboration, insight, and networking. Among these, Money20/20 Asia stands as a premier platform, orchestrating dialogues that shape the future of finance in one of the
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11 Fintech Events to Attend in APAC in Q2 2024
In Asia-Pacific (APAC), the financial landscape is evolving rapidly amid technological advancements, changing customer expectations and the rise of fintech. This vibrant ecosystem is demanding finance and fintech professionals to stay updated with the latest trends and innovations. Against this
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