Tag: FinTech News Asia Pacific

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Kasikorn Bank snaps up 97% stake in cryptocurrency exchange Satang for $103m

Kasikorn Bank (K-Bank), Thailand's fourth largest bank, acquires a 97% stake in Satang Corporation, the parent company of cryptocurrency exchange Satang, for $102.8...

Singapore’s Grab pulls the plug on investment services citing non-viability

Singapore's super-app Grab is discontinuing its retail investment products, GrabInvest, as they are considered financially unviable. FactsGrab is winding down its retail investment products,...

Fujitsu launches joint trials with Hokuhoku Financial Group to explore generative AI use cases

Japan's Fujitsu and Hokuhoku Financial Group are conducting joint trials to explore the use of generative AI in banking operations. FactsFujitsu and Hokuhoku Financial...

Standard Chartered Ventures launches new BaaS fintech Audax

SC Ventures launches Audax Financial Technology, a Banking-as-a-Service (BaaS) platform, aiming to accelerate digital transformation for banks and financial institutions in Asia. FactsAudax, launched...

Standard Chartered strikes corporate multibank connectivity through Starfish Digital partnership

Standard Chartered is launching a multibank connectivity service in partnership with Starfish Digital, aimed at improving corporate clients' inter-bank connectivity, cash management, and real-time...

MAS appoints Chia Der Jiun as managing director with Ravi Menon set to retire

Chia Der Jiun has been appointed as the new managing director of the Monetary Authority of Singapore (MAS), succeeding Ravi Menon, who is retiring...