Tag "Standard Chartered"

StanChart Makes Largest Fintech Investment of US$500 Million in Atome in BNPL Play

Standard Chartered plans to provide US$500 million in financing to Atome Financial, the parent company of Buy Now, Pay Later (BNPL) firm Atome, as part of 10-year multi-product strategic partnership. The bank said this financing is its largest strategic investment

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StanChart Rolls Out Fully Digital Portal to Accelerate Suppliers Enrolment

Standard Chartered has partnered with Demica, a London-based fintech specialising in working capital solutions, to transform access to the bank’s supplier finance programmes, allowing easier enrolment for thousands of suppliers through an online portal. The partnership will commence with the

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StanChart Signs Deal With NTUC Enterprise to Set Up Its Digital Bank in Singapore

Standard Chartered announced that it has formed a digital banking joint venture with the social enterprise division of the National Trades Union Congress known as NTUC Enterprise. The SC Bank Solutions will be Standard Chartered’s second separately licensed digital bank

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Standard Chartered Joins Global Digital Finance’s Board to Accelerate Crypto Adoption

Standard Chartered has become the first bank to join the Global Digital Finance’s (GDF) patron board to advocate and accelerate the adoption of best practices for crypto and digital assets. The GDF is an international alliance of some of innovative

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StanChart Forms JV with Linklogis for Blockchain-Based Trade Finance Platform

Standard Chartered has formed a joint venture with Linklogis, a supply chain finance technology solution provider in China, to establish a blockchain-enabled trade finance platform dubbed as Olea. The bank said that Olea is a fully-digitised trade finance origination and

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Meet the 15 Finalists for MAS’ Global CBDC Challenge

The Monetary Authority of Singapore (MAS) has announced the 15 finalists who have developed retail Central Bank Digital Currency (CBDC) solutions for the Global CBDC Challenge. The finalists, comprising financial institutions, fintechs and technology solution providers, will progress to the

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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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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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Standard Chartered Rolls Out Financial Planning Tool With BetterTradeOff

Standard Chartered Bank announced the launch of its online financial planning solution named SC Goals Planner that was developed in collaboration with Singapore-based fintech BetterTradeOff. Available on SC Online Banking and SC Mobile, users will be able to independently plan

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CurrencyFair and Assembly Payments to Merge After Investment from Standard Chartered

CurrencyFair, a global cross-border payments platform and Assembly Payments, whose platform automates complex payment workflows, today announced their merger as a result of a strategic investment by Standard Chartered, subject to shareholder and regulatory approval. SC Ventures, the innovation, ventures

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