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FinLync Secures US$16 Million to Support Global Expansion
FinLync, a privately held, global fintech company transforming corporate finance and treasury offices through its world-class products, announced that it has closed a US$16 million equity funding round. Point72 Ventures led the financing which included investments from Nyca Partners, former
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In the Age of Data, Financial Institutions Must Adopt a Multi-Cloud Strategy
Emerging technologies, evolving customer demands and a changing regulatory landscape are redefining the financial services industry, forcing incumbents to transform their business models and adopt a data-first strategy in order to survive, a new paper by Equinix and Dell Technologies
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How CIMB and Finhay Are Delivering Diversification Through Embedded Finance in Vietnam
Embedded finance will transform the role of finance, making it contextual, convenient and cost-effective. Instead of finance being a stand-alone function, it will get ingrained into the lifestyle of customers, whether it is making credit available at the point of
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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
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INFOPRO 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
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6 Key Takeaways From MAS’ New Technology Risk Management Guidelines
With the rising numbers and scale of cyberattacks, the Monetary Authority of Singapore (MAS) revised its technology risk management (TRM) guidelines on January 18,2021. The TRM guidelines apply to all financial institutions (FI) that MAS regulates, ranging from large ones
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Singtel Enables True Business Continuity for Singapore’s Workforce as They Continue to Work-From-Home
While the world continues to contend with COVID-19, with various countries now taking extreme lockdown measures, there is no doubt that many businesses have to maintain their work-from-home mandates. Critical economic sectors like banking, financial institutions, and digital financing platforms
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How Financial Regulations Have Evolved in 2021
Almost all countries increased regulation of the crypto finance industry in 2020. The COVID-19 pandemic provoked a significant boost of digital crimes, including money laundering, terrorist financing, online black marketing and other related criminal activity. Certain jurisdictions have already implemented
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InsureTech Connect Asia Launches Its Digital Distribution & Ecosystems Summit
InsureTech Connect (ITC), one of the largest insurtech gathering, will be presenting the Digital Distribution & Ecosystems: virtual summit on 25th February 2021. The virtual event will dive deep into the key market trends and topics revolving around digital distribution
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Intelligently Manage Money with Mobility
Technology has been changing behaviour of people. Many are showing significance reliance on the Internet – mobile network in particular – more than ever. At the same time, technological innovations are led by such behavioural changes. Indeed, successful innovations need
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