Financial Technology
Kuliza, Mambu launch digital lending solution for SEA, India
Kuliza's Lend.In allows financial firms to modernise their loan products.
New regulations imperil China's online microlenders
Additional schemes could stifle growth of cross-provincial borrowing.
China’s leading non-banking financial firms face the risk of antitrust...
Weekly Global News Wrap: Morgan Stanley offers bitcoin to wealth management clients; SLB market could hit $150b this year
And Barclays expands private banking unit to France and Italy.
How TranSwap helps SMEs expand overseas by cutting FX costs
Their solution was developed with API integration, which enables small transfers in large volumes to be credited in real-time.
Indonesia's PAYFAZZ, Singapore fintech Xfers form financial entity
PAYFAZZ is also investing US$30m in Xfers.
Two digital banks in every APAC market to challenge incumbents: study
Need for new capabilities to push bank-fintech collaborations in the region.
Chinese fintechs must meet capital requirements within two years: CBIRC
Regulators have set various grace periods for different platforms.
Weekly Global News Wrap: Banks scramble with bitcoin as adoption soars; Amex probed for small consumer cards sales
And Germany's Commerzbank sinks into red with $3.3b Q4 loss.
Ant Group may resume IPOs once problems resolved: report
PBOC is still investigating monopolies in the fintech company.
No ‘one-size-fits-all' for mobile bank TMRW
UOB’s mobile-only bank makes use of personalization to attract Thailand, Indonesia’s tech-savvy generation.
Thailand's KBank, Central JD Fintech launch one-stop digital loan app
They expect around 100,000 loan applications to be approved by 2021.
Malaysia's Instapay Technologies, Onfido partner for ID verification
Instapay users can now sign up through a selfie.
Weekly Global News Wrap: UK fintechs brace for no-deal Brexit; Societe Generale to cut 640 jobs in France
And Deutsche Bank to sell IT services division to India's Tata Consultancy.
How Spenmo helps businesses secure direct loans
The platform also allows merchants to effectively manage expenses.
Weekly Global News Wrap: Revolut to apply for US bank licence; G7 to block Facebook's Libra
And Credit Suisse hires former Bank of America investment banking head.
Bank of Korea plans test-run circulation of digital currency in 2021
It will launch a pilot program to study the potential introduction of a new cryptocurrency.
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CIMB Niaga leads the way in captivating Indonesia’s youth
![CIMB Niaga leads the way in captivating Indonesia’s youth]()
The bank’s digital solutions are winning over younger generations with 3.2M mobile users and 96% digital transaction rate in 2023.
The bank’s digital solutions are winning over younger generations with 3.
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