Archive
FICO: 68% Of Singaporeans Prefer Digital Banking Channels During Financial Hardship
Over the past year, companies have had to accelerate their digital transformation just to survive. Their investments were essential to retain customers, do business remotely, keep orders flowing and manage supply chains. FICO commissioned The Asian Banker to survey more
Read MoreIndonesian P2P Lender Amartha Secures US$ 28 Million From Women’s World Banking
Amartha, a P2P lending platform in Indonesia, received new funding worth US$ 28 million (IDR 405 billion) led by Women’s World Banking Capital Partners II (WWB) and MDI Ventures. WWB Capital Partners II is the second gender lens investment fund
Read MoreIndonesian Robo Advisor Bibit Bags US$ 65 Million in Funding Round Led by Sequoia
Bibit.id, a digital investment app in Indonesia, has announced that it has raised US$ 65 million in a funding round led by Sequoia Capital India. The round was joined by Prosus Ventures, Tencent and Harvard Management Company while existing investors
Read MoreFintech Founders Dominate 2021 Forbes 30 Under 30 Asia in Finance and VC Category
In this year’s Forbes 30 Under 30 Asia list, fintech founders and co-founders are dominating the Finance and Venture Capital (VC) category. Among the 30 entries, 13 are either the founders or co-founders of fintech companies, while four are fintech
Read More24 Upcoming Fintech Webinars and Online Events in Asia Pacific
Fintech webinars and online events continue to attract a large audience of industry stakeholders and professionals looking to network and keep up with the rapidly evolving landscape, all the while remaining safe and healthy at a time when the COVID-19
Read MoreOnline Identity Verification Company Jumio Records Drop in New Account Fraud
Jumio, a leading provider of AI-powered end-to-end identity verification and eKYC solutions, said fraud rates for new account openings decreased in 2020, a trend that could be explained by rising adoption of verification methods like selfie and live capture requirements.
Read MoreCGS-CIMB Issued S$150-Million Commercial Paper in Digital Securities on iSTOX
CGS-CIMB Securities International, an integrated financial service provider in Asia, and digital securities platform iSTOX announced the issuance of a short-term debt instrument in the form of digital securities. The S$150-million (US$112-million) multi-tranche commercial paper will be used to fund
Read MoreINFOPRO Named as Best Core Banking Solution Provider in Banking Tech Awards
INFOPRO, the global banking software and solutions company, has been named winner of Fintech Futures’ Banking Tech Awards 2020 in the ‘Best Core Banking Solution Provider’ category. This prestigious award recognizes INFOPRO’s AI-driven Digital Banking platform – A new generation
Read MoreBuilding a Bank in 100 Days
COVID-19 has accelerated a trend which had already begun in many parts of APAC – the closure of branches. At the same time though, we are seeing an increasing number of new names in retail banking in the form of
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