Archive
Chubb and JA Assure Launch Cyber Insurance Portal for SMEs in Asia
Chubb and insurtech firm JA Assure announced the launch of HaxsafeTM, a cyber insurance portal targeting SMEs looking for accessible insurance solution. Underwritten by Chubb, the cyber insurance product offered on the platform is a comprehensive risk management solution providing
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Vietnam’s MSB Picks Temenos to Push Its Digital Transformation Plans
Vietnam Maritime Commercial Joint Stock Bank (MSB) has selected banking software company Temenos to modernise its core banking system. MSB is one of the largest commercial banks in Vietnam, with nearly 3.1 million retail and 64,300 corporate customers. The bank
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8 Financial Processes Poised for Digital Transformation
COVID-19 accelerated trends toward remote banking and digitalisation, forcing financial institutions to embrace new technologies and processes to keep their businesses functional despite social distancing restrictions. Now, with more and more people relying on digital solutions for interactions and transactions,
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Binance Labs Closes US$500 Million Fund to Drive Adoption of Web3, Blockchain
Binance Labs, the venture capital and incubation arm of cryptocurrency exchange Binance, announced the closing of a new US$500 million investment fund. The fund is supported by global institutional investors such as DST Global Partners, and Breyer Capital. Other major
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HitPay Raises US$15.75 Million in Series A Fundraise Led by Tiger Global
HitPay, a one-stop payments platform for small and medium-sized enterprises (SMEs), announced that it has secured a US$15.75 million Series A funding round. The fundraise was led by Tiger Global and joined by returning investors Global Founders Capital and HOF
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DBS Completes First Live Transaction on Digital Data Exchange SGTraDex
DBS has completed its first live transaction on the Singapore Trade Data Exchange (SGTraDex), a digital data exchange that facilitates trusted and secure sharing of data between supply chain ecosystem partners. The transaction was done by way of an electronic
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FlexM’s Mehek Weldon Wins Innovator of The Year from International Compliance Association
Fintech is an increasingly popular industry which is evolving and changing everyday and it is because of this dynamism that the regulatory and compliance structure of fintech has gained paramount importance. FlexM, an award-winning Fintech-as-a-Service (FaaS) solutions provider through B2B
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Banks Plan on Tripling their Use of Cloud by 2025
Though cloud adoption in the banking industry has increased steadily over the past years, adoption is projected to accelerate significantly as bank seek to automate processes, apply advanced analytics to data, and enhance their ability to embed partners like fintechs.
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24 Fintech Founders And Investors Make Forbes’ 30 Under 30 Asia 2022 List
Forbes has released its annual 30 Under 30 Asia list, recognizing 300 young entrepreneurs, leaders and trailblazers in Asia Pacific (APAC), all under the age of 30, across 10 different categories. In Finance & Venture Capital, the 30 honorees include
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MAS Launches Project Guardian to Pilot Use Cases in Digital Assets
The Monetary Authority of Singapore (MAS) announced the launch of Project Guardian, a collaborative initiative that seeks to explore the economic potential and value-adding use cases of asset tokenisation. Project Guardian will test the feasibility of applications in asset tokenisation
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