Archive

Malaysia’s Second Largest Bank Partners Bayad Center and FINTQ in the Philippines

CIMB Bank Berhad (“the Bank” or “CIMB”), through its branch that is being set up in the Philippines, CIMB Bank Philippines Inc., recently entered into partnership agreements with CIS Bayad Center Inc. (“Bayad Center”) and FINTQnologies Corp (“FINTQ”), both affiliates

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Pacquiao is latest CryptoCeleb, invests in GCOX

The cryptocurrency world has gained another giant celebrity endorsement with Filipino boxing legend Manny “Pacman” Pacquiao becoming an investor of a new cryptocurrency exchange GCOX. Pacquiao just took the same path of so-called “CryptoCelebs” that invested in cryptocurrencies for the

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Vietcombank’s Digital Transformation

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has selected Finastra to drive its digital transformation initiatives. Finastra technology will streamline and automate Vietcombank’s operational processes and improve overall customer experience to enhance loyalty, increase domestic market

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Fintech Firms In Southeast Asia Show Strong Growth Aspirations Amid Funding Challenges

A strong 87% of financial technology (FinTech) firms in Southeast Asia are planning to expand their footprint beyond their current markets, according to the Asean FinTech Census 2018 study by EY, which surveyed 170 Southeast Asia-headquartered FinTechs across 16 key

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OCBC Bank is the First Bank in Singapore to Launch its own Artificial Intelligence Unit

Suppose your car is involved in a minor mishap, and you hold a Great Eastern motor insurance policy bought from OCBC Bank. Would it not be convenient if you could simply send an image of your dented vehicle to your

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Adyen Announces Launch Of Unified Commerce Solution In Singapore

Adyen announced the launch of their unified commerce solution in Singapore. An expansion of its current payment processing offerings, the unified commerce solution will manage all customer communications, allowing retailers to create one consistent experience across channels and devices –

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Fintech Startups in Korea to Watch in 2018

South Korea is on the verge of a Fintech revolution and 2018 looks to be a very important year.  The issue will be in regards to the role cryptocurrencies will play in the financial sector.  The ongoing evolution of blockchain-based

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E-Commerce In SEA Study: Vietnam Leads In Conversion Rate; Singapore Is The Biggest Spender

E-commerce is on the rise in Southeast Asia with more than US$10 billion worth of goods being purchased online in 2017, almost the double of 2015’s Gross Merchandise Value (GMV) of US$5.5 billion. According to a study by iPrice titled

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Grab Drives Fintech Ambitions with Grab Financial

Following Grab’s previous announcement on GrabPay and acquisition of Kudo, Anthony Tan, Co Founder and Group CEO announced the company’s ambitions to further strengthen their play in the fintech ecosystem through Grab Financial during his keynote at Money 20/20. Grab Financial will encompass

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