Archive

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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Interactive Brokers Group Opens Singapore Office

Interactive Brokers Group, a global brokerage firm, announced the addition of a Singapore entity Interactive Brokers Singapore Pte Ltd and the opening of an office located in the Marina Bay Financial District. With the addition of Singapore, the global brokerage

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ASEAN Financial Innovation Network (AFIN) Lands Partnership with Fintech Alliance.PH

Filipino fintech players can expect a boost from their regional counterparts as local trade association Fintech Alliance.ph inks a deal with the ASEAN Financial Innovation Network (AFIN). The two parties yesterday agreed in a signed memorandum of understanding to promote

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Singapore Blockchain Map 2020 Shows Strong Ecosystem Growth

OpenNodes, powered by Tribe, unveiled the Singapore Blockchain Landscape Map 2020 at ‘Unitize’, a collaborative online blockchain conference organized by San Francisco Blockchain Week and Blockshow. Since 2019, Singapore’s blockchain ecosystem has seen substantial growth. There are 91 new additions

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Lack of Access to Capital Hindering Australia’s Potential to Be a Leader in Regtech

Limited access to funding and long sales cycles are hampering Australia’s regtech industry, preventing the sector from realizing its full potential, according to industry trade group the Regtech Association (RTA). The RTA, which conducted qualitative research of 33 regtech companies

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FICO Survey: Filipinos Showing Greater Acceptance for Biometrics

FICO, a global analytics software firm, has released its Consumer Digital Banking Survey, which found a notable percentage of Filipinos are not taking the necessary precautions to protect their passwords and logins when banking online. The study found that only 53% are using

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Vietnamese Digital Investment Platform Realstake Secures Seed Funding from 500 Startups

RealStake announced today that it has successfully closed seed funding from 500 Startups Vietnam and various angel investors. RealStake aims to digitise and democratise consumer investment in Southeast Asia. It launched in Vietnam in 2019 by enabling retail real estate

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Will Digibanks Change Banking in Singapore as We Know It?

The rise of digibanks is changing the way Singaporeans interact with their bank. As customers demand better user experiences and personalized offers, banks are having to re-think the way they serve customers. However, legacy infrastructure and internal data silos mean

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