Tagged: asia pacific

April 16, 2022 @ 6:27 pm By Omar Faridi  |  

MogoPlus, the international “experts” in bank transaction data insights, will reportedly work with TrueLayer, a key player in open banking, to “access financial data using Australia’s Consumer Data Right (CDR).” As mentioned in an update shared with CI, MogoPlus is in “the process of becoming… Read More

March 9, 2022 @ 11:53 am By Omar Faridi  |  

PPRO, the provider of virtual payments infrastructure, announced the acquisition of Alpha Fintech, a next-gen payments tech firm. The deal will reportedly “expand PPRO’s offering, strengthen its presence and networks in Asia Pacific (APAC), and allow it to deliver products and services faster to its… Read More

February 22, 2022 @ 1:26 am By Omar Faridi  |  

To assist in streamlining their securities finance offering, FinClear, the wealth management infrastructure provider in Australia, has chosen Broadridge Financial Solutions, Inc. (NYSE:BR). As mentioned in a release, Broadridge’s Securities Finance and Collateral Management (SFCM) FastStart solution offers FinClear and its clients “with enhanced functionalities… Read More

February 2, 2022 @ 3:19 pm By Omar Faridi  |  

The team at ComplyAdvantage has released their new report, titled The State of Financial Crime 2022. ComplyAdvantage’s outlook for 2022: From supply chains in crisis to “high-wire” geopolitical standoffs and the implementation of updated regulatory frameworks, it’s going to be “a landmark year for compliance… Read More

January 30, 2022 @ 9:18 pm By Omar Faridi  |  

Wise clients across the globe will now have the option to conduct quick, seamless and cost-effective global fund transfers to Weixin users residing in China from 11 different currencies, including SGD, USD and GBP. Wise (LON:WISE), the international tech firm focused on creating the best… Read More

January 7, 2022 @ 6:03 pm By Omar Faridi  |  

Railsbank APAC Marketing Manager Darren Thang has taken a look at how property buyers are about to get an enhanced experience. Thang writes in a blog post that increasingly, nonbank firms are “warming to the idea of embedded finance experiences, offering banking-like services that provide… Read More

November 11, 2021 @ 5:47 pm By Omar Faridi  |  

Moven is pleased to confirm that it has entered into a partnership with Australia’s banking Information and Communications Technology (ICT) integration provider, Nixil Pty Ltd, with the aim of establishing a footprint in the fast-evolving virtual banking space that is “opening up in the region.”… Read More

November 11, 2021 @ 7:53 am By Omar Faridi  |  

Scila AB, the Stockholm-headquartered independent provider of trade surveillance, anti-money laundering and risk management tech, has established a new regional office in Singapore “covering the Asia-Pacific region.” As mentioned in a release, Scila has worked cooperatively with clients in the APAC region since 2009, and… Read More

November 10, 2021 @ 6:43 am By Omar Faridi  |  

One of Asia’s first multi-dealer digital loan platforms, iLex, reports $3 billion of assets listed and a network of more than 300 market participants iLex, which is one Asia’s first multi-dealer electronic market for corporate loans, has announced that it has $3 billion of assets… Read More

November 8, 2021 @ 8:15 pm By Omar Faridi  |  

DataBP, the market data administration platform and service provider for exchanges, index and data providers, has announced that it is teaming up with the Singapore Exchange (SGX). SGX is reportedly joining a community of exchanges that will be leveraging DataBP’s platform and managed services to… Read More

November 3, 2021 @ 9:05 pm By Omar Faridi  |  

Shopping and rewards platform ShopBack announced on November 2, 2021 that it has obtained consent from shareholders of hoolah, a Buy Now, Now Later (BNPL) platform, for a 100% acquisition of the firm by ShopBack. hoolah, combined with ShopBack’s position as the publisher and shopping… Read More

November 2, 2021 @ 1:59 pm By Omar Faridi  |  

US investment bank Citi (NYSE: C) has introduced its first sustainability-linked supply chain finance (SSCF) program in the Asia-Pacific region. Via the SCCF program, Citi intends to support customers as they work on their ESG priorities, enhance supply chain resilience, and effectively manage working capital… Read More

October 25, 2021 @ 11:23 pm By Omar Faridi  |  

The team at digital assets firm Gemini are pleased to announce the launch of Gemini Earn in Hong Kong, enabling users to earn as much as 8.05% APY on their crypto-assets. With Gemini Earn, interest is earned and compounded on a daily basis, and you… Read More

October 22, 2021 @ 9:19 pm By Omar Faridi  |  

XanPool, a payments infrastructure developer that operates in more than 13 countries in the Asia Pacific region, has acquired $27 million in capital via a Series A round that was led by Valar Ventures, along with contributions from investors such as CMT Digital, as well… Read More

October 22, 2021 @ 9:18 am By Omar Faridi  |  

Payment solutions provider Mastercard (NYSE: MA) has entered into a partnership agreement with Demica in order to introduce a supply chain finance capability within Track Business Payment Service (Track BPS). This should enable improved access to “flexible working capital for buyers and suppliers.” As mentioned… Read More

October 10, 2021 @ 4:38 pm By Omar Faridi  |  

Payments are entering a new “experience-driven” era (Payments 4.X1), “ushered in by an accelerated transformation timeline” because of the Coronavirus crisis and the increasing virtual appetite of clients, according to the World Payments Report 2021 released by Capgemini. As noted in a release: “With the… Read More

September 13, 2021 @ 6:19 pm By JD Alois  |  

Making certain a person or business is actually who or what they claim to be is very important. In a world that has migrated to virtual offices and digital meetings, the task of validation is an even greater necessity. AsiaVerify is a Regtech firm based… Read More

September 12, 2021 @ 10:27 am By Tony Zerucha  |  

Fraud prevention company SEON is partnering with GBG APAC, a digital identity services provider, to strengthen online fraud prevention for banks, Fintechs, and digital banks across the Asia Pacific region. SEON’s technology is fully integrated into the GBG Intelligence Centre and the alliance will combine… Read More

August 31, 2021 @ 11:18 am By Omar Faridi  |  

Stripe, a tech firm that develops vital economic infrastructure for the Internet, has extended ts partnership with China’s UnionPay International, which is one of the biggest payment networks in the world. The updated integration should enable businesses in over 30 different markets, including Australia, Singapore,… Read More

August 30, 2021 @ 9:17 pm By Omar Faridi  |  

Hong Kong-based OneDegree, an Insurtech firm under the Cyberport Incubation Program, revealed on August 30, 2021 that it has secured $28 million in capital through a Series B1 round. The company has secured more than $70 million, to date. As noted by its management: “In… Read More