Tag "Standard Chartered"

Standard Chartered Partners Bukalapak to Launch Digital Banking Offerings

Standard Chartered has formed a strategic partnership with Bukalapak to launch digital banking offerings which will be hosted on the nexus platform which is a banking-as-a-service solution by SC Ventures. Through this partnership, Standard Chartered and Bukalapak aims to bring

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StanChart Inches Closer to Singaporean Digibank After New Classification by MAS

Standard Chartered Bank (Singapore) Limited (SCBSL) has been awarded enhanced Significantly Rooted Foreign Bank (SRFB) privileges by the Monetary Authority of Singapore (MAS), indicating that it is making moves for a second digital-only bank after its launch of Mox. The

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Standard Chartered Selects AWS’ Cloud Services in 60 Markets

Standard Chartered Bank has signed on Amazon Web Services (AWS) for a five-year agreement to run its banking systems and customer-facing applications on the latter’s cloud infrastructure. The partnership deepens the existing relationship between the two companies to deliver new

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Experian and Standard Chartered to Bolster Credit Decisioning With Machine Learning

Experian, a consumer financial data service provider, has partnered with Standard Chartered to drive financial access across key markets in Asia, Africa and the Middle East by leveraging the “latest technology innovation” in credit decisioning. Without enough credit bureau data

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Standard Chartered Enlists Moneythor for Its New Data-Driven Money Management Tool

Standard Chartered Bank in Singapore has partnered Moneythor, a digital banking software provider, to launch its new data-driven SC Money Manager tool. SC Money Manager aims to help customers better manage their finances by providing a suite of personalised features

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DBS and SC Led Industry Workgroup to Develop Blockchain-Powered Trade Finance Registry

DBS and Standard Chartered jointly led a workgroup of 12 other banks to create and conduct a digital Trade Finance Registry (TFR) proof of concept (POC) to enhance lending practices and improve transparency in commodity trade. Supported by Enterprise Singapore

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Standard Chartered Thailand: First Blockchain Based Cross-Bank Letter of Credit

Thailand’s Standard Chartered completed its first cross-bank Letter of Credit (LC) transaction between Vietnam and Thailand conducted over blockchain between Vietnam and Thailand. The transaction was done in partnership with Asian Development Bank (ADB) and the Bank for Investment and

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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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