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Kakao Pay raised $1.3 billion as transaction value exceeds $61 billion in Q3

Back Published on November 12, 2021 63 Views Print Kakao Pay raised $1.3 billion as transaction value exceeds $61 billion in Q3 5 min read Kakao Pay recorded KRW 72.5 trillion ($61.5 billion) in accumulated…

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Record $7.7 billion inflows into China ESG funds in Q3 2021

11 November 2021- China’s ESG assets amount to USD47.5 billion after recording a strong growth of 33% in the third quarter, according to Morningstar’s latest data on Asia ex-Japan sustainable funds*. The data set is attached…

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SC Ventures launches letsbloom to enable organisations in regulated industries to build, run, and deploy in the cloud

11 November 2021, Singapore – SC Ventures, Standard Chartered Bank’s innovation, fintech investment and ventures arm, announced the launch of letsbloom, a fintech that will give clients operating in regulated industries (such as financial services, healthcare and government) the…

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MAS announces winners of global CBDC challenge

Singapore, 11 November 2021 – The Monetary Authority of Singapore (MAS) today announced the results of the Global Central Bank Digital Currency Challenge (Global CBDC Challenge) at the FinTech Awards Ceremony of the Singapore FinTech Festival…

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Alibaba and JD.com posted record Double 11 sales of $139 billion despite tech crackdown- The Asian Banker

Alibaba and JD.com posted record Double 11 sales of $139 billion despite tech crackdown- The Asian Banker

Alibaba and JD.com continue to set new sales records during the Double 11 shopping event, although growth decelerated amid China’s slowing economy and stringent tech scrutiny. Sustainability and inclusiveness have become key focuses Alibaba reported…

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Techcombank partners with AWS in cloud migration- The Asian Banker

Techcombank partners with AWS in cloud migration- The Asian Banker

Techcombank partnered with cloud computing platform Amazon Web Services to enhance the bank’s cloud capabilities and to promote cloud adoption in Vietnam as the country’s financial services sector continues to mature. Techcombank has partnered with…

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ICBC still largest bank in the world as assets grew 10.7%- The Asian Banker

ICBC still largest bank in the world as assets grew 10.7%- The Asian Banker

The top ten remained largely unchanged in the ranking of the largest banks in Asia Pacific, while HSBC slipped two places to rank 13th due to the stronger growth of Chinese banks and the appreciation…

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UOB to offer personalised carbon insights to retail banking customers across ASEAN as it powers innovation for a sustainable future

Unlike traditional carbon measurement solutions that often require lengthy and tedious manual inputting of data, UOB TMRW’s feature will: UOB was awarded the Monetary Authority of Singapore’s Financial Sector Technology and Innovation (FSTI) Proof of…

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SGeBIZ to offer EzyPayment eGIRO as part of Singapore’s smart nation initiative

SINGAPORE, 8 Nov 2021 –  Singapore E-Business (SGeBIZ), a Fintech Company and a Major Payment Institution licensed under the Monetary Authority of Singapore, announced today that it is one of the participants in the inaugural…

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Al Rajhi Bank’s $2.8 billion profit almost quarter of the 100 largest Islamic banks’ total- The Asian Banker

Al Rajhi Bank’s $2.8 billion profit almost quarter of the 100 largest Islamic banks’ total- The Asian Banker

Saudi Arabia-based Al Rajhi Bank retained its position as the largest and strongest Islamic bank in the world, with total assets amounting to $125 billion in 2020. The aggregate total assets of the 100 largest…

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