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Corporate Venture Capital Funding Booms As Banks Pour Billions Into Fintechs
Corporate venture capital (CVC) funding hit an all-time high last year, with banks pouring billions into fintechs as they look to diversify and feel pressured by increasing competition. From 2014 through Q3 2019, total CVC deals by banks and other
Read MoreBASIS ID To Support SMEs With 1 Million Free Identity Verification Service
BASIS ID will dedicate 1 million free verifications to companies from the APAC region to aid them recover from the crisis. During this difficult time, COVID-19 is restricting face-to-face contact between people, whereas the necessity to conduct customer identification and
Read MoreGrab Hires Ex-Acvtivision Blizzard Veteran Peter Oey as Chief Financial Officer
Grab, announced today that it has strengthened its finance division by hiring corporate finance veteran, Peter Oey, as Chief Financial Officer. Mr. Oey brings over 20 years of corporate financial and strategic planning experience to Grab, joining from legal technology
Read MorePhilippines’ Financial Industry and NGO Groups Link For Faster COVID-19 Subsidy Delivery
Private companies join hands in support of the government’s social amelioration program to Filipinos severely affected by the COVID-19 enhanced community quarantine (ECQ) through the promotion of alternative encashment facilities nationwide. In an agreement signed today, an operational plan was
Read MoreMAS and Financial Industry to Support Individuals and SMEs Affected by the COVID-19 Pandemic
The Monetary Authority of Singapore (MAS), together with the Association of Banks in Singapore (ABS), the Life Insurance Association (LIA), the General Insurance Association (GIA), and the Finance Houses Association of Singapore (FHAS), today announced a package of measures to
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