
Virtual Banking
Aspire Unveils New Singapore HQ, Aims to Double Fintech Workforce by 2025
Aspire, an all-in-one finance platform for businesses, has opened its new headquarters in Singapore, aiming to enhance its role in fintech research and development (R&D) within the region. The firm also shared its plans to double its fintech-specialised workforce in
Read MoreBank Saqu Launches in Indonesia as WeLab’s Second Digital Bank in Asia
Hong Kong’s WeLab, in collaboration with Astra Financial, has launched Bank Saqu in Indonesia, marking its second digital banking venture in Asia. This new digital banking platform, operated by PT Bank Jasa Jakarta (BJJ), a joint venture between the two
Read MoreFilipino Digital Bank Maya Taps TerraPay for Seamless Remittance
Payments infrastructure company TerraPay and Philippines’ digital bank Maya announced a strategic partnership at the Singapore Fintech Festival aimed at improving international remittances for Filipinos worldwide. As part of this partnership, users of the Maya app will be able to
Read MoreANEXT Bank Launches API Repository to Help SMEs Access Financial Services
ANEXT Bank, a digital wholesale bank in Singapore, is taking steps to make financial services more accessible to small and medium-sized businesses (SMEs). The bank launched the ANEXT Programme for Industry Specialists (APIs) and partnered with three new platforms; food
Read MoreTrust Bank’s Outreach Initiative Benefits 500 Families with S$100 FairPrice Vouchers
Singapore’s Trust Bank had partnered with the Ministry of Social and Family Development’s Social Service Office (SSO) at Ang Mo Kio and Yishun to reach out to lower-income families under the Community Link (ComLink) initiative. Since the launch of this
Read MoreBackbase’s ENGAGE Asia 2023 to Kick off in Bangkok This November
Banking leaders find themselves at that pivotal time of the year when they must strategise their transformation goals for the upcoming year. In Asia, digital banking has become ingrained in consumers’ lifestyles, evolving into a core expectation and a decisive
Read MoreGoTo and Bank Jago Roll Out New Bank Account Offering in Indonesia
Indonesia’s GoTo Financial and Bank Jago, a Gojek-backed digital bank, have launched a new bank account offering that can be accessed directly through the GoPay and Gojek apps. Touted to be first of its kind in Indonesia, ‘GoPay Tabungan by
Read MoreRevolut Invests in Fraud Talent with 2,500 Experts Across 6 Markets
Revolut, a global neobank with over 35 million customers worldwide, has doubled its financial crime headcount since 2021, with over a third of its workforce now dedicated to fighting fraud. The company has over 2,500 financial crime experts across 6
Read MoreSingapore Overtakes Hong Kong in Digital Banking Adoption
Advancements in technology, changing demographics and supportive regulations are driving the rise of digital banking in Asia, with Singapore and Hong Kong emerging as key players. While both locations have witnessed significant growth in their respective digital banking landscape, adoption
Read MoreRevolut Launches Its Biggest Update Yet for Over 35 Million Users
Revolut, a global neobank with over 35 million customers worldwide, has launched Revolut 10, its biggest update yet, with a significant overhaul of the design and layout of the app. In Singapore, Revolut announced the launch of stock trading, instant
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