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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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The Alibaba of SEA? How GoTo Is Shaking Up Fintech in the Region

Has the Southeast Asian startup ecosystem ever witnessed a quarter more exciting than the current one? We entered the second quarter with Grab’s blockbuster SPAC listing. Valuing the super-app at US$40 billion and being the largest SPAC deal to date,

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Broadridge Enhances APAC Leadership Bench With New Hire for Regional Expansion Plans

Broadridge Financial Solutions, a US-based technology solutions provider, announced the appointment of Ian Strudwick as General Manager and Head of Asia Pacific (APAC), effective immediately. Strudwick’s appointment builds on the recent joining of David Ingleson as Chief Operating Officer for

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Top 15 Women Leaders in Asia’s Fintech Industry in 2021

Out of the top 100 women in fintech selected by BizClik Media Group last month, Fintech News has shortlisted the top listed 15 female leaders who are driving changes in Asia’s banking, financial services and insurance industry. These women have

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DBS, SGX, StanChart and Temasek Tackles Climate Action With Global Carbon Exchange

DBS, Singapore Exchange (SGX), Standard Chartered and Temasek joined forces to take climate action through a joint venture Climate Impact X (CIX) which aims to be a global exchange and marketplace for high-quality carbon credits. CIX will offer distinct platforms

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Backbase Appoints Former PwC Exec as Part of Its Asian Leadership Team

Digital banking software provider Backbase announced the appointment of Abhijit Chavan as Regional Vice President of Customer Success for Asia, as part of the its Asian leadership team. Looking after customer success, ROI delivery, and prescriptive digital banking transformation for

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MAS: A Quarter of Jobs in Financial Services are Tech Roles

In Singapore, technology continues to lead hiring demand in the financial services industry with about 1,700 job opportunities in 2021. This represents more than a quarter of all newly created positions at Singapore’s financial institutions this year, and showcases how

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