Archive
Partior Pilots SGD and USD Settlements in Near Real Time With Participating Banks
Partior, a blockchain technology provider for payments clearing and settlement, announced that it is operational and has begun its first pilot with participating banks, achieving end-to-end settlements in SGD and USD of less than 120 seconds. The new platform uses
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Thunes Enables PayPal’s Xoom to Send Remittances Directly to E-Wallet Users
Global cross-border payments network Thunes announced a collaboration with PayPal’s digital remittance service Xoom that will enable the latter’s customers in the United States, Canada, the U.K. and Europe to send remittances directly to mobile wallet users around the world.
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Hong Kong Fintech Week 2021 to Lead Scaling up for Fintech Future
Invest Hong Kong (InvestHK) announced details of Hong Kong Fintech Week 2021, themed “Scaling Fintech Future Together”, which will be held in hybrid form, comprising both physical and virtual formats, from November 1 to 5. The sixth edition of Fintech Week
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Nium Launches Crypto As a Service Platform in the U.S
Singapore’s payment unicorn Nium, today launched its Crypto-as-a-Service (CaaS) solution. Initial API-based elements from the new Crypto-as-a-Service offering will allow financial institutions to add in-demand capabilities for cryptocurrency investment. The cryptocurrency investment services will support five cryptocurrencies in the U.S.
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Fintech Enablers are Fueling the Growth of Embedded Finance
Fintech “enablers” have exploded in growth and popularity in the last few years, bringing with them a new wave of innovation by democratizing financial services and expanding the fintech market opportunity. Fintech enablers develop and provide cutting-edge technologies to various
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FinIQ Partners BondEvalue to Offer Fractional Bonds
Fractional bonds will now be available on the FinIQ platform. Banks and financial institutions which use FinIQ would have direct access to the BondbloX Bond Exchange (BBX). This would enable these banks to trade fixed income live on an instant
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Finastra Launches Online Global Fintech Content Series to Nurture Innovation
Financial services software and cloud solutions provider Finastra has launched an online global fintech content series to nurture innovation and collaboration through the discovery of cloud, data ready solutions and thought-provoking talks. The company said that the “Finastra Universe” platform
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LOTTE Finance Leverages OpenWay to Roll Out BNPL Services in Vietnam
LOTTE Finance Vietnam, a subsidiary of South Korean credit card company LOTTE Card, has rolled out Buy Now, Pay Later (BNPL) services for customers in the country. The “PayLater by LOTTE Finance” feature is based on the Way4 digital payments
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Bank Rakyat Indonesia Leverages Open Banking to Bolster BRImo App
As one of Indonesia’s oldest and largest bank, Bank Rakyat Indonesia (BRI) is always a step ahead in adapting and applying the latest technologies to create various digital platforms and applications to support its customers’ digital needs. This includes BRImo,
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Temasek-Backed Crypto Firm FTX Bags US$420 Million at Valuation of US$25 Billion
FTX Trading, owner and operator of global cryptocurrency exchange FTX.COM, announced the closing of a US$420.7 million Series B-1 fundraise, increasing its valuation to US$25 billion. The round saw the participation of 69 investors, including Ontario Teachers’ Pension Plan Board,
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