Financial Technology
Weekly Global News Wrap: Revolut to apply for US bank licence; G7 to block Facebook's Libra
And Credit Suisse hires former Bank of America investment banking head.
Weekly Global News Wrap: Revolut to apply for US bank licence; G7 to block Facebook's Libra
And Credit Suisse hires former Bank of America investment banking head.
Bank of Korea plans test-run circulation of digital currency in 2021
It will launch a pilot program to study the potential introduction of a new cryptocurrency.
Contactless payments shift to overdrive as APAC locks down
Individuals and businesses scramble to adapt, but pitfalls remain.
Weekly Global News Wrap: Money transmitters, crypto firms gain from new US rules; Credit Suisse to launch digital app
And Danske Bank admits it has known about erroneous debt for years.
Azimo partners with Alipay to offer instant money transfer to China
Customers can now send money directly to a bank account linked to the recipient’s Alipay ID.
Mastercard leads alliance for wholesale, retail digital supply chain
This will increase digital data available to assess creditworthiness.
Tokyo government unveils free consultation services for foreign financial firms
Asset management and fintechs with no registered office in Japan may apply.
Razer Fintech's total payment volume doubled to $1.8b in H1
It was boosted by online shopping and higher digital entertainment consumption.
Fintech firm Fave unveils QR payments to DBS PayLah, Singtel Dash users
Users buying from Fave’s partner merchants will receive up to 20% instant cashback.
Afterpay floats Asia, Europe expansion plans
It said its full-year loss has more than halved compared to last year.
Digital credit scorecard developer CredoLab nabs $7m funding
The fintech said that it has powered almost $2b loans since 2016.
Singapore fintech Lightnet signs MOU with Swiss SEBA Bank
The company aims to carry out its first live transactions by Q4 2020.
Razer's digital bank proposition aims to dazzle the global youth
The consortium is going big with its dream of meeting the underserved youth’s financial needs globally.
Singapore regulator assures that citizens are well-represented in local senior roles
Singaporeans make up 43% of senior management roles in the local banking sector.
Mastercard Business extends freebies to Hong Kong cardholders
Clients are eligible for up to 30% discounts on select digital tools and services.
HSBC extends PayMe solution to convenience store chain Circle K
PayMe has also launched a new QR feature for payments.
AMTD Digital names Osman Ershad Faiz as chief information and operating officer
Faiz has served as Singapore Clearing House Association director.
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Technology to underpin future of financial services
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Banking Technology
Banks should boost their online infrastructure as digital assets become the norm.
Banks should boost their online infrastructure as digital assets become the norm.
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