Demystify Podcast: Demystifying BaaS with Kelvin Tan, Standard Chartered Bank
What is needed within a large bank to ensure a BaaS proposition can be conceived, deployed and nurtured?
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What is needed within a large bank to ensure a BaaS proposition can be conceived, deployed and nurtured?
With the new feature, Singapore customers and businesses can now buy and sell directly in WhatsApp chats.
It took this step due to a “number of outstanding debts” with “no reasonable prospect” of repaying them.
Kakao Pay has acquired a 19.9% stake in the US firm and plans to buy an additional 31.1%.
Sopnendu Mohanty, chief fintech officer at MAS, discussed the country’s strategies and successes at IFGS 2023.
Based out of China, Richard Turrin has a ringside seat on how China is transforming into a cashless society.
The Malaysian payments platform plans to boost its global expansion and further develop its tech.
Also taking part in the round was existing investor Sumitomo Mitsui Trust Bank.
Both firms say dissolution and liquidation proceedings of the mobile bank project will now go ahead.
Vemanti will deploy Finastra’s Fusion Essence solution, with plans to launch initially in Vietnam.
OKX sees “immense potential” in Hong Kong and is committed to building out the local ecosystem.
The funding was disclosed in a recent filing with Singapore’s Accounting and Corporate Regulatory Authority.
The Thailand-based wealth management firm will deploy the Swiss vendor’s Temenos Wealth solution.
Japanese banking giant Mizuho Bank led the funding round, contributing $125 million.
Carroll says he will instead take up a position on the company’s board.
This is the first OpenWay installation of its Way4 platform on Oracle Cloud in Southeast Asia.
Livi Business offers SMEs and entrepreneurs access to “fast, simple and personalised” financial services.
ACI’s enterprise payments platform will modernise the bank’s payments infrastructure.
Bank BTPN says the partnership with Surecomp means “we can future-proof our trade finance business”.
The round was led by Pivot Investment Partners and UBS via its venture arm UBS Next.
Thought Machine intends to hire across India, Japan and South Africa for the first time.
With the partnership, the bank says it will be able to offer customers a secure connection to external apps.
With the partnership, Clarency’s global customers will be able to send and receive payments on the Swift network.
Tap to Pay allows businesses to accept contactless payments using an NFC-enabled Android device.
The proposed framework will bring virtual assets in line with securities brokers and automated trading venues.
The MAS and RBI will use a scalable cloud-based infrastructure to manage future increases in remittance volumes.
The pilot will test the technical feasibility of a CBDC and leverage the “skills and insights” of private industry.
This integration “opens up a gateway” for PPRO’s global partners to reach South Korean consumers, PPRO says.
With the new funding, Aspire plans to build out its product offering and expand its regional presence.
The partnership makes Baiduri the first bank in Brunei to migrate to an AI-led credit risk management solution.
The round brings Tazapay’s total capital raised to $18.9 million.
Divyesh Vithlani brings more than 30 years’ worth of banking and technology experience to his new role.
The investment is part of Binance’s ‘Industry Recovery Initiative’ (IRI), launched in 2022.
Oracle’s solutions will support “critical” functions, including direct deposit accounts and liquidity management.
The joint venture, SBI Zodia Custody, is owned 51% by SBI DAH and 49% by Zodia Custody.
Ramaswami most recently spent 12 years as president of the Singapore Exchange (SGX).
Iu served as chief risk officer (CRO) of ZA Bank, a role he will step down from immediately.
Trust Bank will make use of FIS’ real-time payments platform Open Payments Framework.
The new service will visualise CO2 emissions across supply chains and help customers move towards de-carbonisation.
CEO and co-founder Robin Lee tells Fintech News Malaysia the firm is “pivoting to a B2B model”.