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Indonesia's PAYFAZZ, Singapore fintech Xfers form financial entity
5 Mar 21
PAYFAZZ is also investing US$30m in Xfers.
Goldman Sachs Asset Management adds BEA as Hong Kong retail market partner
24 Feb 21
Local retail investors can now access GSAM’s fund through seven retail distributors.
DBS launches facial biometrics feature for online corporate account opening process
23 Feb 21
SME business owners need only to face the camera to authenticate their application.
DBS provides $60m structured trade facility to Indonesia petrochemical producer
22 Feb 21
Chandra Asri aims to expand export growth of petrochemical products from the country.
Galvanize's Acting MD & Director, Client Partnership, Asia - Pacific & Japan shares insight on how exponential technology reshapes finance firms
22 Feb 21
Robert Luu was one of the speakers in the recently concluded ‘Utilising exponential technology for business' transformation’...
TransferWise renamed to Wise, to expand APAC reach
22 Feb 21
Over 70 people will be hired in the country this year.
Deutsche Bank launches payments platform for Thai corporate clients
19 Feb 21
It will facilitate local collections through payments platform provider 2C2P.
BOCHK sets benchmark for new Yulan Bond market
8 Feb 21
It has priced US$500 3-year senior fixed bonds at T+67 bps.
Deutsche Bank arranges Thailand's first onshore hedge for foreign firm
8 Feb 21
It recently changed rules for non-resident qualified companies, letting them access onshort baht liquidity.
Bank BRI's digital enabler on trends affecting the banking industry in the coming years
2 Feb 21
Kaspar Situmorang shares how financial organisations can adapt using exponential technologies.
MUFG Bank to charge fees on dormant accounts
22 Jan 21
Japanese banks have been battling a low-rate environment and dwindling local market.
Standard Chartered, UOB grant $5.29b green loan to Gaw Capital consortium
21 Jan 21
It will be used to acquire the property 1111 King’s Road in Hong Kong.
Rakuten launches Taiwan's first digital-only bank
21 Jan 21
This follows after the bank received all necessary approvals from the local regulator in June 2019.
Sumitomo Mitsui Financial Group enhances ESG disclosure
20 Jan 21
The group revised its statement of human rights.
Bangladesh issues sovereign sukuk worth $463.24m
19 Jan 21
A total of 39 financial institutions participated in the auction.
India's HDFC Bank posts $1.2b in Q3 profit
18 Jan 21
Gross bad loan ratio shrank to 0.8% at end-December.
OCBC launches COVID-19 employee vaccine support programme
18 Jan 21
The bank will provide vaccine education as well as support for side effects.
Standard Chartered, Bukalapak join forces in Indonesia
14 Jan 21
They plan to launch products focused on digital banking and financial inclusion.
Grab Financial Group raises over $300m in Series A funding
14 Jan 21
Hanwha Asset Management led the funding.
India Post Payments Bank launches new service for unbanked customers
13 Jan 21
It can now served the nearly 410 million Jan Dhan account holders.
Korea Development Bank issues $1.5b bonds to foreign investors
13 Jan 21
The lender said it floated the bonds at the lowest interest rates ever.
Philippines' GCash operator secures over $175m in funding
11 Jan 21
GCash recorded a gross transaction value of over $20.8b in 2020.
Singapore central bank pushes e-hong baos for Lunar New Year
11 Jan 21
Clients who prefer physical notes can pre-order from their respective banks.
Bitcoin price tops $36,800 in South Korea
11 Jan 21
Investors see the virtual currency as a safe asset amidst new coronavirus outbreaks.
Swiss lender buys Bank of Montreal's private bank arm in Hong Kong, Singapore
7 Jan 21
J. Safra Sarasin Group said it expects the deal to close by H1 2021.
DBS launches in-house training institute for upskilling tech workforce
7 Jan 21
The institute aims for DBS employees to acquire the latest tech skillsets.
Bangladesh's Standard Bank converts operations to a full Sharia'h bank
6 Jan 21
This makes it the 10th Islamic bank in the country.
Revolut Singapore enables virtual wallet top-up via bank transfer
5 Jan 21
They can even set a part of their salaries to be automatically transferred to their Revolut wallet.
Indonesian authorities approve BRI, Alipay partnership
24 Dec 20
BRI is the first Indonesian bank to partner with Alipay.
2C2P, KBZPay to expand Myanmar's digital payments network
14 Dec 20
This allows KBZPay clients to make payments to 2C2P merchants.
SC Ventures, Northern Trust launch cryptocurrency custody solution
10 Dec 20
It will provide custody services for the most-traded cryptocurrency assets such as Bitcoin and Etherium.
Bangkok Bank unveils Thai conversational AI engine
10 Dec 20
It has achieved a 96% accuracy rate, based on internal tests by the bank.
Mastercard, MatchMove, Tappy to enable payment chips in wearables
9 Dec 20
MatchMove cardholders can add their MatchMove Mastercard to this chip.
Hang Seng Bank unveils remote business account opening service
8 Dec 20
The bank also set up a service hotline and live chat service to assist with the process.
Payments platform 2C2P relocates Singapore head office
4 Dec 20
The firm reportedly expanded its Singapore team by nearly 30% during the pandemic.
MonetaGo, GUUD partner to expand Asian operations
4 Dec 20
GUUD will be bolstered by MonetaGo's Secure Financing platform.
Citibank rolls out Citi Plus in Hong Kong
4 Dec 20
Its clients can obtain customized wealth management information and knowledge kits.
StanChart launches SGD sustainable time deposit product
2 Dec 20
Its recent study found ample interest in sustainable investing from affluent Singaporeans.
P2P lending platform Rai Capital launches in Cambodia
26 Nov 20
It can onboard investors outside of the country.
Thailand's KBank, Central JD Fintech launch one-stop digital loan app
26 Nov 20
They expect around 100,000 loan applications to be approved by 2021.

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