Various

Cambodian Central Banker Serey Chea Among Select Few Joining AFIN’s Advisory Board

The ASEAN Financial Innovation Network (AFIN) announced the appointment of H.E Serey Chea, Prof. Olayinka David-West as advisors and Latha Ayyar as an independent director to its board. Through their respective roles, they will bring in invaluable expertise in financial

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Swiss Banking Solution Provider Avaloq Makes Key Appointments for Its APAC Push

Swiss core banking solution provider Avaloq has announced a combination of senior promotions from within its Asia-Pacific business, to reflect the region’s growing prominence in its growth strategy. Gery Dachlan has been appointed as Managing Director for South Asia and

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Backbase Appoints Regional Vice President To Lead Asia Pacific Expansion

Amsterdam-headquartered digital banking software provider Backbase has recently appointed Iman Ghodosi as Regional Vice President for the Asia Pacific region. The new role is based in Sydney and will see Ghodosi drive the company’s international expansion, product development, and Asia

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Kyrgyzstan Wakes up to Fintech Potential

Kyrgyzstan’s nascent fintech is getting a boost as the government begins setting the foundations for further development, launching reform plans and key initiatives to bolster digital payments adoption and banking innovation. Over the past few years, the Kyrgyz government has

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Future-Ready: How Is Singapore Developing Its Fintech Talent Pool?

As the fintech ecosystem continues to flourish in Singapore, there is a growing need for talent. Out of the 21,000 net jobs that were created in the financial sector over the last five years, the Monetary Authority of Singapore (MAS)

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Singapore’s Incumbent Banks: How Are They Stepping Up Their Digital Game?

In December 2020, the Monetary Authority of Singapore (MAS) announced four successful digital bank applications. Out of 14 eligible applicants, the four successful entities – a consortium comprising Singapore Telecommunications Ltd (Singtel) and Grab Holding Inc. (Grab), a consortium of

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Singapore Takes the Lead In Banking-as-a-Service Adoption, Finastra Survey Says

A global study by Finastra suggests Singapore is leading the way towards the next evolution in financial services with the adoption of Banking-as-a-Service (BaaS). Almost half of respondents (47%) having deployed or improved their BaaS capabilities in the last year

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Standard Chartered Hires ING’s Senior Exec as Its New Digital Lead

Standard Chartered announced the appointment of Roel Louwhoff as its new Group Chief Digital, Technology and Innovation Officer effective from the 1st November 2021 onwards. Louwhoff, has been Chief Operations and Transformation Officer at ING since 2014 and will be

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MAS Earmarks US$1.8 Billion for Its Sustainability Efforts

The Monetary Authority of Singapore (MAS) will be allocating US$1.8 billion into climate-related investment opportunities which was announced during the launch of its inaugural sustainability report. The funds will be managed by five asset managers, who are yet to be

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SaaS Platform Stemly First to Spin Out From ING Labs Singapore With US$2.5 Million

ING announced that Stemly, a software as a service platform, is the first initiative to be spun out of ING Labs Singapore and will receive an investment of US$2.5 million. Venture capital fund Elev8, ING Ventures and EDB New Ventures,

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