Tagged: standard chartered

Indonesia: New Digital Banking Service Launched by Bukalapak, Standard Chartered

Indonesia’s “first” public-listed technology company, Bukalapak, and Standard Chartered officially launched BukaTabungan, a digital banking service that “leverages the reach of Bukalapak’s all-commerce platform and the technology of nexus, a Banking-as-a-Service (BaaS) solution powered by Standard Chartered.” This follows from an earlier announcement on their… Read More

Digital Banking: Trust Bank Launched in Singapore via Standard Chartered, FairPrice Partnership

The virtual banking sector in Singapore has grown significantly in the past few years. Recently, the launch of Trust Bank was announced via a partnership between Standard Chartered and retailer FairPrice. The Southeast Asian challenger bank platform provides the typical retail banking service, along with… Read More

Standard Chartered Joins Chekk’s Financing Round to Support Growth of KYC Firm

Standard Chartered announced that it has invested funds in Hong Kong-based KYC, KYB and data management platform with the aim of “accelerating the company’s product development and boosting its sales organization – both to meet the increasing demand of the global identity verification market for… Read More

Standard Chartered Appoints Ayesha Abbas as UAE Head Of Consumer, Private And Business Banking

Standard Chartered Bank (LON: STAN) recently announced the appointment of Ayesha Abbas as Head of Consumer, Private and Business Banking, UAE. In this role, Ayesha will “report to Rola Abu Manneh, Chief Executive Officer, Standard Chartered, UAE and Bongiwe Gangeni, Regional Head, CPBB, MENA and… Read More

Fintech Appro, which Digitizes Retail Banking Services, Launched in Dubai by SC Ventures

SC Ventures recently revealed that it has introduced Appro, which is a Fintech that digitizes and enhances the retail banking customer experience. Supported by SC Ventures, Standard Chartered’s Fintech investment and ventures unit, the “bank-agnostic” platform intends to signifiantly reduce the time taken to finalize… Read More

Crypto Exchange Zodia Markets Gains FCA Registration

Zodia Markets, a crypto exchanger and brokerage catering to institutional investors, has been registered as a crypto platform with the UK Financial Conduct Authority (FCA) and officially launched its crypto trading business. In the UK, a crypto exchange must be registered with the FCA to… Read More

IATA Pay Introduced in India with Assistance from Standard Chartered

Standard Chartered (LON: STAN) recently confirmed that it teamed up with the International Air Transport Association (IATA) to introduce IATA Pay in India. IATA Pay, which is available in several European markets, is an airline industry payment platform that provides optionality, convenience and an improved… Read More

Institutional Loan Fintech iLex Signs Six International Bookrunners as Key Partner Banks

BNP Paribas, China Construction Bank (Asia), DBS, MUFG, Societe Generale and Standard Chartered have all joined the iLex platform to “accelerate the digitization of corporate loan markets.” The 6 global syndicated loan book runners are joining iLex as partner banks in order to support “innovation… Read More

Wealth Academy Launched by Standard Chartered and INSEAD, a Leading Graduate Business School

Standard Chartered (LON: STAN) and INSEAD, one of the largest graduate business schools, have announced the launch of the Standard Chartered-INSEAD Wealth Academy, with a multi-year client engagement and wealth management global education program “for the Bank’s Relationship Managers and Wealth Specialists.” Co-created by financial… Read More

Pine Labs, Standard Chartered Malaysia Launch Interest-Free Instalments to 25,000+ Merchants

Pine Labs, a merchant commerce platform serving merchants in India and Southeast Asia, today announced a partnership with Standard Chartered Malaysia. Standard Chartered’s customers in Malaysia can now access interest-free installment options on credit cards at any offline point-of-sale system powered by Pine Labs. The… Read More

Digital Transformation: Standard Chartered Leverages SAP Multi-Bank Connectivity Cloud Service for Corporate-to-Bank Integration

Standard Chartered (LON: STAN) has reportedy tapped the SAP Multi-Bank Connectivity solution and has also joined as a member bank, “aiming to offer an enhanced experience to corporate clients in meeting their transactional banking needs, simplifying the onboarding process, and delivering both traditional and new… Read More

Working Capital Fintech Demica Partners with Standard Chartered to Improve Access to Bank’s Supplier Finance Program

Standard Chartered (LON: STAN) is teaming up with Demica, a major Fintech focused on working capital solutions, in order to streamline access to the bank’s supplier finance program,  allowing easier enrolment for suppliers via an online portal while providing a seamless experience for the Bank’s… Read More

Digital Banking Platform to be Launched by Standard Chartered and Singapore’s NTUC

Standard Chartered (LON: STAN) is partnering with Singapore-based National Trades Union Congress (NTUC) in order to establish an all-digital banking platform. Standard Chartered subsidiary SCBSL will reportedly be providing SGD 144 million for 60% of the joint initiative, with NTCU-controlled BetaPlus retaining the other 40%… Read More

Standard Chartered and Linklogis to Offer Blockchain based Trade Finance Platform, Olea

Standard Chartered (LON: STAN) has launched a joint initiative with Linklogis, a supply chain finance tech solution provider from China, in order to provide a blockchain or DLT-powered trade finance platform, called Olea. Standard Chartered stated that Olea is an all-digital trade finance origination and… Read More

Standard Chartered Backed Zodia Now Registered with FCA as Crypto-Asset Firm

Zodia Custody Limited, a crypto-focused firm backed by Standard Chartered, is now registered with the UK Financial Conduct Authority as a regulated crypto-asset firm. Standard Chartered partnered with Northern Trust to launch Zodia. Earlier this month, Zodia announced a new wholesale trading platform for crypto-assets…. Read More

Standard Chartered to Appoint Roel Louwhoff as Group Chief Digital, Technology & Innovation Officer

Standard Chartered (the Group) recently revealed that it will be appointing Roel Louwhoff who will be serving as the new Group Chief Digital, Technology & Innovation Officer. Louwhoff previously worked as Chief Operations and Transformation Officer at ING since 2014. According to an update from… Read More

Digital Asset and Fintech focused BC Technology Group Receives $70M Investment from Singapore Sovereign Wealth Fund

BC Technology Group, a digital asset and Fintech-focused firm as well as the parent of OSL, has acquired a $70 million (appr. HKD 543.19 million) investment from Singapore’s GIC, the city-state’s sovereign wealth fund. BC Technology Group says it’s planning to further develop and improve… Read More

Innovation and Ventures Division at Standard Chartered and Franklin Templeton Introduce Wealth, Health, Lifestyle Platform

The innovation and ventures division at Standard Chartered (LON: STAN) has teamed up with fund manager Franklin Templeton in order to introduce a “wealth, health and lifestyle” consumer platform for Singapore residents. Excited to announce our partnership with @FTI_Global to launch Autumn in SG, a… Read More

Standard Chartered Joins Forces With BC Group to Establish Institutional Digital Asset Trading Venture in Europe

  SC Ventures, the venture unit of Standard Chartered Bank, announced on Wednesday it has joined forces with digital asset company BC Group to establish digital asset brokerage and exchange for institutional, as well as corporate clients, in the UK and Europe. According to the… Read More

Digital Banking: Hong Kong’s ZA Bank and Mox Account for Around 70% of Region’s Virtual Banking Customer Deposits

ZA Bank and Mox are reportedly leading Hong Kong’s digital bank market,  accounting for around 70% of all virtual banking customer deposits (as of the end of last year). This, according to a report from Reuters that referenced annual reports from banks in the city…. Read More

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