Asia has become a hotspot of digital innovation in the global financial and banking sector, aided by the region’s young, digitally-savvy population, rapid digital adoption, and government support to advance
In Asia, market liberalization pushes, coupled with changing customer behaviors and advances in technology, are forcing banks to move away from a product-centric approach to a customer-centric one where data
Hong Kong-based ZA Bank has obtained a license from the Securities and Futures Commission (SFC) for Type 1 regulated activity, the digital bank announced.
Global payments network Thunes announced plans to significantly accelerate the expansion of its operations in Greater China, spanning mainland China, Hong Kong, Taiwan, and Macau. This news follows the recent
As neobanks and digital challengers continue to advance and become increasingly more popular, incumbents must modernize their architecture by embracing cloud-native digital platforms, a new article by consulting firm Bain
Flexible rent payment platform Xspaced launched its digital bank accounts for tenants today. The bank accounts enable Xspaced’s FlexRent product, a tool...
Validis, the provider of open accounting data analytics, reveals that it has teamed up with Bank North, the recently accredited SME-focused virtual bank.
Having...
UK-based digital banking platform Monzo, which is under investigation for possible money laundering activity and posted £130m in losses, is reportedly planning to enter...
Apiture, a provider of virtual banking services, reveals that it has completed Live Oak Bank’s retail bank migration to Apiture Open.
After the deployment...
Virtual banks in Indonesia must have minimum paid-up capital of IDR 10 trillion (appr. $694 million). But the capital deposit needed when submitting...
Switzerland’s banking software firm Temenos (SIX: TEMN) recently revealed that Australia’s digital banking platform, Alex, has now gone live on the Temenos Banking...