Singapore, October 26, 2021 – Partior, a blockchain technology provider for payments clearing and settlement, has announced that it is operational and has begun its first pilot with participating banks, achieving end-to-end settlements in SGD…
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Military Commercial Joint Stock Bank (MBBank) has been named among the Best Companies to Work for in Asia 2021 by HR Asia, Asia’s leading HR magazine, for the first time. This year, approximately 30,000 employees…
Read More12 October 2021 – After a gap of six years, Reserve Bank of India (RBI) approved a Small Finance Bank licence to a consortium of Centrum Financial Services and fintech BharatPe. They are set to…
Read More12 October 2021 – The IMF has lowered its 2021 growth forecast for the world economy as a result of supply chain disruptions and global health concerns. The group also raised its inflation outlook and…
Read More13 October 2021 – Blend, a cloud banking software company, announced the expansion of its partnership with Frost Bank, a Texas-chartered bank based in San Antonio, to further the bank’s digital transformation strategy and deliver…
Read MoreBack Published on October 18, 2021 206 Views Print HSBC, Standard Chartered, Bank of China (HK) can now sell wealth investment products in the Greater Bay Area Hong Kong’s three note-issuing banks, HSBC, Standard Chartered,…
Read More13 October 2021 – The largest cryptocurrency trading platform Binance is set to stop allowing trading involving the RMB on its platform. The move comes after China’s crackdown on cryptocurrencies and ban on crypto transactions…
Read More13 October 2021 – According to DefiLlama, the total value locked (TVL) in decentralised finance (DeFi) platforms across multiple blockchains has exceeded $200 billion in October 2021. The number has doubled since late June. The…
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The financial performance of the Hong Kong and Singapore banking sectors remained relatively strong. The COVID-related relief measures eased the short-term pressure on banks’ asset quality and capital adequacy. Indonesia and the Philippines saw gross…
Read MoreHSBC is to launch a Banking as a Service (BaaS) offering that will enable customers to create and provide business banking services through their own platforms. HSBC and Oracle NetSuite, one of the leading cloud…
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