Archive

Financial Fitness and Digital Banking in the Times of COVID-19

The COVID-19 pandemic is forcing consumers to turn to digital channels. Now more than ever, banks must accelerate their digital transformation and focus on delivering tools their customers need for financial self-help, according to a new report by Meniga. In

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Crypto Platform Sparrow Raises US$ 3.5M in Funding Round Led by BitMEX’s Owner

Sparrow, a Singapore based options trading platform for Bitcoin and Ethererum announced that they have secured US$ 3.5 Million in Series A funding.  The round was led by the HDR Group, owner and operator of BitMEX, and supported by Signum Capital,

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IDC Reports Worldwide Blockchain Spending to Slow Down to US$ 4.3 Billion in 2020

According to the April update of the IDC Worldwide Blockchain Spending Guide Worldwide and Asia Pacific blockchain spend will decline in 2020 as compared to the pre-COVID-19 forecast scenario. The report captures data from all Asia Pacific countries except Japan.

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Top 20 Upcoming Live Fintech Webinars for Those Located in APAC: June/July

With COVID-19 forcing governments to close borders and restrict contact, event organizers and companies have turned to webinars and virtual events to connect with their peers and create new opportunities, despite the tumultuous times. Though several countries have started reopening

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UOB’s Innovation Accelerator The FinLab Goes Digital

The FinLab, United Overseas Bank’s (UOB) innovation accelerator, today launched The FinLab Online, a digital platform to help small-and-medium-sized enterprises (SMEs) and start-ups across ASEAN implement digital solutions to transform their businesses. Since its launch in 2015, The FinLab has received

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Omise’s Parent Firm SYNQA Raises US$ 80M in Funding Round Led by Siam Commerical Bank’s VC Arm

Thailand-based fintech company SYNQA, formerly Omise Holdings, announced that it has raised $80 Million in Series C funding led by SCB 10X Co., Ltd. (SCB 10X) and SPARX Group Co., Ltd. (through its Mirai Creation Fund II). The round was joined by Toyota Financial

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How TikTok’s Owners Are Evolving from Your Kid’s Social Media to Becoming Your Bank

TikTok’s owner ByteDance is making inroads into fintech as the Chinese tech company is said to be negotiating a tie-up with an investment group linked to Singapore’s Lee business family, according to a Financial Times (FT) report. The Lees are

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UnionBank Rolls Out 11,000 Cash Out Options Nationwide

UnionBank recently rolled out more cash-out options for customers via 11,000 remittance counters across the Philippines, including in rural areas where most of the unbanked and underserved population are located. Recognizing that sending funds to families and relatives living in

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Protecting Your Wealth During the COVID-19 Pandemic

With the recent outbreak of COVID-19, the world has certainly turned around. In fact, it’s probably the most severe crisis we have faced in decades. Not only has it impacted our health, but many individuals are concerned about their wealth

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NETS Group Appoints New CEO

Network for Electronic Transfers (NETS) announced today that Lawrence Chan has been appointed Group Chief Executive Officer, with effect from 22 June 2020. Chan joins the NETS team with over two decades of payments experience, and a strong track record

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