Archive
Competition Heats up in Vietnam’s Mobile Payment Landscape
Competition for Vietnam’s young, digitally savvy population is heating up in the mobile wallet and digital payment space. Over the past year, no less than 9 non-bank organization joined the sector and regulatory changes introduced in 2020 could very well
Read More
Indonesian E-Wallet Linkaja Selects Arttha Payments to Modernise Its Core System
Indonesian e-wallet LinkAja has selected Indian software company PureSoftware’s Arttha Digital Payments suite to power its core systems. The move is said to be in line with LinkAja’s aim to expand and strengthen its position as a payment services provider
Read More
Vietnamese Digital Bank TNEX Selects AWS for Its Cloud Services
TNEX, the digital banking arm of Vietnam Maritime Commercial Joint Stock Bank (MSB), announced that it has selected Amazon Web Services (AWS) as its preferred cloud provider. MSB, one of Vietnam’s commercial banks, was said to have been built TNEX
Read More
Open Banking Makes Inroads in Vietnam
In Vietnam, banks are becoming increasingly aware of open banking and recognizing the need to embrace open APIs to keep up with the rapidly evolving financial landscape. So far, at least two local banks have launched developer portals and are
Read More
The State Open Banking in Thailand in 2021
Though no legal regulation on open banking currently exists in Thailand, the government’s digital push with the Thailand 4.0 strategy, and the introduction the Personal Data Protection Act (PDPA) last year suggest a move to open banking frameworks is inevitable.
Read More
4 Key Considerations For Wealth Managers Looking to Unlock the Value of Data
When we talk about wealth management today in fintech, more often we’re talking about how to create wealth: goal setting, risk profile management, or simply investment management overall. But Dr. Sekar Jaganathan, Director of Digital Strategy in Kenanga Bank opines
Read More
PAYFAZZ Invests US$30 Million in Xfers to Form New Entity Fazz Financial Group
Indonesian fintech startup PAYFAZZ announced that it has invested US$30 million in Xfers, Singapore-headquartered counterpart to form a new financial entity called Fazz Financial Group (FFG). PAYFAZZ said that both companies will retain their respective names whilst operating under the
Read More
Insurtech Symbo Secures US$9.4 Million Funding to Scale Its Platform in SE Asia and India
Symbo Platform Holdings, a Singapore-based insurtech platform, announced the completion of a US$9.4 million funding round led by the CreditEase Fintech Investment Fund. The round also saw participation from San Francisco-based investment firm Think Investments along with follow on investment
Read More
Clearstream Selects BearingPoint to Comply With Singapore’s Compliance Reporting
European supplier of post-trading services Clearstream has selected BearingPoint RegTech, a Netherlands-based compliance technology provider, for its Abacus360 Banking solution for MAS 610 reporting. BearingPoint RegTech said that Abacus360 Banking is a standard software for national and international prudential reporting,
Read More
APAC Banks Race to Revitalise Their Digital Transformation Programmes
The second edition of the Fintech and Digital Banking 2025 in Asia Pacific report by IDC commissioned by Backbase, reveals that APAC banks are going back to the drawing board on their digital transformation programs. Digital banking fitness has been
Read More