Tag "Standard Chartered"

Standard Chartered Hires Judo Bank’s Co-Founder to Reportedly Work on Digital Bank in Singapore

Standard Chartered is working with Singapore’s National Trade Union Congress (NTUC) Enterprise on its second digital-only bank in Asia, people familiar with the matter told media. The new initiative is still at an early stage, the persons said, and has

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Standard Chartered Goes Big on Platformification Strategy with Nexus

Today, Standard Chartered launched its “Banking as a Service” solution, nexus. Through nexus, digital platforms and ecosystems like e-commerce, social media or ride hailing companies, will be able to offer loans, credit cards and savings accounts co-created with the bank

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Standard Chartered Invests Further in Blockchain Trade Finance Platform Contour

Standard Chartered announced Tuesday its investment into Contour (formerly known as Voltron), a blockchain-based open industry platform that will initially focus on digitally creating, exchanging, approving and issuing Letters of Credit (LCs), following the full commercialisation of its offering and

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Standard Chartered Completes Blockchain Trial with Thailand’s Oil Giant Using Voltron

The use of blockchain for trade finance is often one of the most cited potential use case for technology, with some sources claiming that using blockchain to remove the bottlenecks  could potentially increase global trade volumes by US$1.1 trillion by

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Standard Chartered Just Launched a Fintech Bridge and it’s Exactly What it Sounds Like

SC Ventures, the investment arm of Standard Chartered Bank, has created a platform to connect community builders such as startups, investors and accelerators. The SC Ventures Fintech Bridge connects and matches partners from the fintech ecosystem to Standard Chartered’s internal

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Fintech and Digital Finance Innovation Initiatives of Banks in Singapore

Fintech has become one of the key drivers of innovation in the financial services industry. In Singapore, the Monetary Authority of Singapore (MAS) was quick to realize the potential of fintech, acting swiftly to build up a vibrant ecosystem in

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Standard Chartered to Pilot Blockchain-Based Smart Guarantees in Trade Finance

Standard Chartered announced today a collaboration with Siemens Financial Services, the financing arm of Siemens, and TradeIX, a digital trade provider, to carry out an industry-first client pilot to create an end-to-end blockchain-based smart guarantees proposition in trade finance. With

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Philippines Remittance Market Gets a Booster from Blockchain-Powered Remittance Services

The Philippines’ remittance and international money transfer industry, the third largest globally, is getting a booster from two latest developments in blockchain-backed remittance services. They come from recent business partnerships done by Jack Ma’s Ant Financial Services Group (Ant) and

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Cross-Border Payment Ripple Pilot Test between Thailand and Singapore

Mitsubishi Corporation, MUFG Bank, Krungsri , a Thailand-based subsidiary of MUFG Bank, and Standard Chartered Bank  jointly announced the commencement of a pilot test for moving real funds over RippleNet, with the objective of making cross-border payments more convenient and

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Standard Chartered Selects Moneythor To Enhance Digital Services

Moneythor, the technology company providing financial institutions with a digital banking toolkit powered by artificial intelligence (AI), has been selected by Standard Chartered to further advance personalization and engagement in its digital services. The initial deployment will add advanced client-facing

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