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Tag: Financial institutions

APAC Banks Are Backing Open Banking, but What Does ‘Open’ Really Mean?

A survey launched this week by Finastra revealed that close to 100% of financial institutions in Singapore and Hong Kong think Open Banking...

Finastra: 98% of Singapore Banks Agree That Open Banking Is Important to Their Business

A global survey by Finastra shows financial institutions in Singapore are supportive of the Open Banking movement and fintech collaboration, with 86% either...

The “Future Is Bright” for Qatar’s Fintech Firms that can Survive COVID-19 and Partner with Incumbents, According to Financial Services Professional

Fintech adoption in Qatar is on the rise, as more consumers are making digital or online payments, instead of using cash due to...

Smart Stamp Software Developer 12CM Partners South Korea’s Largest Search Engine Provider, Naver, to Launch Cloud-Powered Fintech Platform

12CM (pronounced One-two-cee-em), the “smart” stamp software platform provider and a member company of the Born2Global Center, has partnered with Naver Business Platform...

GoBear raises $17 million to expand its consumer financial services for Asian markets

Singapore-based fintech startup GoBear has raised $17 million from returning investors Walvis Participaties, a Dutch venture capital firm, and Aegon N.V., a...

Shopify’s push into finance: Opportunity or threat to banks?

Share E-commerce platform Shopify has debuted a business checking account and payment installment option for customers, and financial institutions should take note of...

Salt Edge Assists Simplifi to Accelerate Accounting Services Through Open Banking

Simplifi-HQ, an online accounting service provider based in New Zealand, has teamed up with open banking provider Salt Edge to speed-up and digitize...

Letter from the Bank Innovation Chairman

Dear Community Member, Last year, we inaugurated the Bank Innovation Build conference to bring together industry participants to share best practices and ideas for...

Facebook renames and rebrands its digital wallet to Novi from Calibra. Will let people send Libra digital currency to one another

Last year, we wrote several stories about Libra, a digital currency created by Facebook with a mission of launching a simple global currency and financial...

Resiliency in financial operations after COVID-19

The COVID-19 pandemic has forced financial institutions to react with a speed that amazed everybody – including the banks, brokers and asset managers...

Regtech Solution Provider IMTF Announces New APAC Head

IMTF, the Leading Swiss provider of RegTech solutions in the financial service industry since 1987, has reinforced its APAC focus and presence with...

Tech firms have used payments to jump ahead of banks

For too long lately, especially when it comes to the topic of payments, the banking industry has been late to the proverbial digital...

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