Archive

Standard Chartered Partners With Microsoft to Become a “Cloud-First Bank”

Standard Chartered Bank and Microsoft announced a three-year strategic partnership to accelerate the bank’s digital transformation through a cloud-first strategy. They said this partnership marks a significant milestone for Standard Chartered in making its vision for virtual banking, next-generation payments,

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Asia’s Crypto Derivatives Market Overview and Infographic 2020

2020 has seen a major surge in product offerings catering to sophisticated and institutional investors in the crypto space. Exchanges around the world have recognised the importance of services such as institutional-grade custody, research & data analytics, prime brokerage and

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Google Cloud Partners French Telco Orange For Data, AI and Edge Computing

Orange, a telecommunications operator, and Google Cloud has partnered to build the former’s IT infrastructure and the development of future cloud services, in particular edge computing. The agreement is part of Orange’s Engage 2025 plan, to drive its internal transformation

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20/20 Hindsight Will Help Financial Institutions Around the World Fast-Track Digital Success

Just like in almost every other industry, financial institutions have been planning and implementing increased digitalisation for some years. However, the coronavirus crisis and resulting nationwide restrictions have undoubtedly accelerated the rate at which new tech and processes have been

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MatchMove Introduces Cross-Border Remittance Platform for Businesses

MatchMove, a Singapore-based ‘Banking-as-a-Service’ platform, announced the launch of its new remittance platform called RemitSend to enable cost-efficient, cross-border Business to Business (B2B) remittances. By offering a Software-as-a-Service (SaaS) based subscription pricing model, MatchMove said it is able to help

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Singapore-Based Thunes Launches Cash Pickup Service With Ethiopian Bank

Singapore-based Thunes, a cross-border payment provider, has partnered with Lion International Bank (LIB) to launch a cash pickup service in Ethiopia. Presently, Thunes facilitates the transfer of remittances to Ethiopia via Hello Cash wallets and bank accounts. Through the partnership,

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Aspire and Osome Partners For Same-Day Incorporation and Account Opening Services

Osome announced a partnership with fintech startup Aspire to enable a same-day service of incorporating a company and opening a business account in Singapore fully online from anywhere in the world. Singapore-based Osome uses artificial intelligence to take care of

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Cambodian Fintech Startup Clik Raises US$3.7 Million In Seed Funding

Clik, a Cambodian fintech startup, has completed the final close of its US$3.7 million seed round led by Openway and Poems Pte Ltd along with several global angel investors, a third of which are Cambodia-based. This round of financing, which

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Huawei Aims to Help Banks Unlock Data-Driven Intelligent Finance at Its Virtual Summit

Huawei announced that it will be hosting its APAC Financial Industry Storage Summit 2020 on the 13th August 2020. The high-level summit is targeted at keeping the C-level from banks informed on the latest trends, developments and challenges in data

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MAS, NUS and NRF Jointly Launches the Asian Institute of Digital Finance

The Monetary Authority of Singapore (MAS), the National Research Foundation (NRF) and the National University of Singapore (NUS) will be jointly setting up a research institute that will develop deep capabilities to support the needs of digital financial services in

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