Archive

Philippines Social Security to Digitise Payments Using E-Wallets and Bank Transfers

The Philippines Social Security System (SSS) has started paying funeral benefit claims through the banks and other alternative payment channels as the pension fund shifts its transactions online. Effective 22nd June 2020, funeral benefits will no longer be released through

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Project Ubin: MAS Completes Final Phase Central Bank Digital Currency Project

The Monetary Authority of Singapore (MAS) and Temasek today jointly released a report to mark the successful conclusion of the fifth and final phase of Project Ubin. It provides technical insights into the blockchain-based multi-currency payments network prototype that was

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Singapore Tops Autonomous Vehicles Readiness Index For the First Time

According to this year’s KPMG Autonomous Vehicles Readiness Index (AVRI), Singapore has emerged as the country that is best prepared for the adoption and acceptance of Autonomous Vehicles (AV), with Singapore ranking first in the Index. This marks the first

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Major Vietnamese Bank Selects Temenos for Digital Wealth Management

Temenos, the banking software company, today announced that Military Commercial Joint Stock Bank (MB) has selected Temenos Infinity Wealth to deliver digital wealth management services to Vietnamese private banking customers. The implementation will be supported by Temenos’ partner, Syncordis. MB

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Philippines’ Department of Agriculture Enlists PayMaya for Loan Disbursement

The Department of Agriculture’s has announced the use of PayMaya, a mobile wallet under the purview of PLDT, to disburse loans for their Kapital Access for Young Agripreneurs (KAYA) financing program through the “KAYA” cash card. The initiative was formally

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Click to Pay: Mastercard Expands Passwordless Digital Checkout in Singapore

As Singapore shifts rapidly to digital commerce, Mastercard introduces Click to Pay a payments solution with an online checkout that that eliminates passwords, protects data with smart security and makes transactions a breeze with just a few clicks. Due to the

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Mambu Integrates with Currencycloud for Cross Border Payments

Mambu, a cloud banking platform, and Currencycloud, a global payments platform, have partnered to offer increased transparency and scalability to international payments for platform customers. In their statement, the said that by integrating Mambu’s true SaaS banking platform with Currencycloud’s

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Philippines’ Digital Bank tonik Announces Partnership With Mastercard

Fresh off raising their US$ 21 Million Series A round, tonik announced today a partnership with Mastercard, which will allow its users access to Mastercard’s global network. This will enable its users to make payments anywhere with any merchants who

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Singapore Digibank Contender Picks Tencent’s Cloud Platform

Digibank contender Asia Digital Banking Corporation announced today that it will be using Tencent Cloud’s services to provide digital banking to SMEs in Singapore. Tencent Cloud is the cloud computing arm of Chinese internet giant Tencent. Operating in 25 regions

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Korea Launches Fintech and Cybersecurity Focused Startup Centre in Singapore

The K-Startup Centre (KSC) in Singapore, the first Korean startup centre in Southeast Asia, was officially launched today by South Korea’s Ministry of SMEs and Startups (MSS). They said it is a reflection of the strong interest among the Korean

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