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Surecomp’s RIVO reinforces digital trade finance workflows with WAVE BL partnership

Toronto, Canada, 26 January 2023 – Surecomp today announced that it is partnering with WAVE BL, a blockchain based digital platform, to further enhance digital trade finance workflows by enabling access to electronic bills of…

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International adoption of Renminbi gains momentum- The Asian Banker

International adoption of Renminbi gains momentum- The Asian Banker

Strong cross-border trade, RCEP trade pact, and deep capital market integration support international use of RMB Cross-border trade strongly supports settlement in RMB ASEAN and RCEP continue to foster use Increase in RMB denominated bond…

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Ping An’s cloud-native technology accelerates digital transformation and Smart Bank implementation- The Asian Banker

Ping An’s cloud-native technology accelerates digital transformation and Smart Bank implementation- The Asian Banker

By the end of 2021, 28% of Ping An Bank’s applications, some 1,700, had been built 
based on a new cloud- native platform Ping An Bank (PAB) is one of the earliest domestic commercial banks…

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Singapore-based consortium led by fintech firm Atlas Consolidated takes major step towards digital banking licence in Pakistan

Singapore, 17 January 2023 – A consortium led by Singapore’s Atlas Consolidated Pte Ltd, which owns and operates the fast-growing WealthcareR and savings app Hugosave, is one of five successful applicants formally granted a No-Objection…

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SEA digital wallets to grow by 17% CAGR until 2025, boosted by e-commerce

SEA digital wallets to grow by 17% CAGR until 2025, boosted by e-commerce

Digital wallets are driving a transformation of financial services around the world. The gross transaction value of all platforms in Southeast Asia grew by 9% in 2021. E-commerce is believed to be leading the charge,…

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South Africa’s TymeBank launches digital bank in the Philippines

SINGAPORE, 17 January 2023: Newly launched Filipino digital bank GoTyme Bank has partnered with global cloud banking platform Mambu to deliver an innovative digital banking solution that is aiming to improve access to high-quality financial services for Filipinos. Singapore-based…

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Citi announces Tibor Pandi as Singapore Citi Country Officer

Singapore – Citi announced today the appointment of Tibor Pandi as the Citi Country Officer (CCO) for Singapore. His appointment will be effective from February 1, and he will have oversight of all businesses and…

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The key to the future of cross-border transactions- The Asian Banker

The key to the future of cross-border transactions- The Asian Banker

Transformation in the global financial community across a variety of infrastructures, systems, and processes raises the risk of fragmentation. Amid competition, banking sector shows rapid growth Interoperability between payment systems across borders is key …

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CCB’s innovation in bond underwriting business helps open up China’s financial markets- The Asian Banker

CCB’s innovation in bond underwriting business helps open up China’s financial markets- The Asian Banker

China’s bond market has become one of the largest and most important investment destinations in the world, but foreign investor participation remains relatively low. More innovations are expected in the bond market after the Chinese…

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AC Ventures, Indies Capital Partners, and Malaysia’s Penjana Kapital ink a deal for cross-border investments and technology transfer

ACV is a leading Southeast Asian venture capital firm investing in early-stage technology startups focused on Indonesia and ASEAN. The firm partners with and empowers entrepreneurs with more than capital by combining operational experience, industry…

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