Press Releases

Daily News On The Financial Services Industry

Jan 28, 2022

DBS to acquire Citi’s consumer banking business in Taiwan
Jan 27, 2022

BIS release paper on virtual banking, financial inclusion, data governance, and regulatory framework
Jan 27, 2022

Wise partners with Tencent Financial Technology to bolster international money transfers to China through Weixin
Jan 25, 2022

Crypto investment startup Flint banks $5.1 million funding led by Sequoia Capital India and GFC to remove complexity from crypto for the next billion users
Jan 25, 2022

UOB deepens its commitment to China with RMB2 billion capital injection
Jan 21, 2022

Bank Indonesia and Monetary Authority of Singapore expand cooperation across central banking, financial regulation and innovation
Jan 19, 2022

MAS and ABS announce measures to bolster the security of digital banking
Jan 18, 2022

MAS issues guidelines to discourage cryptocurrency trading by general public
Jan 18, 2022

OCBC Bank has been making goodwill payouts to victims of the recent SMS phishing scam
Jan 18, 2022

Ravi Menon appointed Chair of the Network for Greening the Financial System
Jan 14, 2022

UOB Group to acquire Citigroup’s consumer business in Indonesia, Malaysia, Thailand and Vietnam
Jan 12, 2022

Carb0n.fi raises $600,000 for Series A funding round, led by Owl Ventures
Jan 11, 2022

PayU announces the launch of LazyCard - A BNPL solution by PayU India
Jan 04, 2022

India's largest bank State Bank of India to invest in Pine Labs
Dec 21, 2021

BI launches Bank Indonesia fast payment
Dec 15, 2021

SEBA bank launches landmark first regulated gold token to enable digital ownership of physical gold
Dec 15, 2021

SWIFT delivers major milestones in strategy for instant and frictionless transactions, and sets the stage for global adoption in 2022
Dec 14, 2021

BIS CPMI report highlights rapid development of retail fast payments and implications for real-time gross settlement systems
Dec 14, 2021

TMRW by UOB launches TMRW Pay, an e-commerce loan to help consumers in Indonesia manage budgeting needs
Dec 13, 2021

FSB illustrates practical approaches to the execution of bail-in
Dec 13, 2021

Correspondent banking trends persisted in 2020, even as payment landscape changed, new data show
Dec 08, 2021

BIS, Bank of France and Swiss National Bank conclude successful cross-border wholesale CBDC experiment
Dec 07, 2021

WeLab acquires Bank Jasa Jakarta in Indonesia with plans to launch second digital bank in Asia, after successful launch in Hong Kong
Nov 30, 2021

YouTrip, a neobank in Southeast Asia, raises $30 million to accelerate growth in B2C and B2B space
Nov 25, 2021

Siam Commercial Bank’s investment in digital asset exchange sparks potential M&As
Nov 23, 2021

Bilibili acquires online payment licence for $18.5 million
Nov 22, 2021

Paytm’s share price crash after biggest IPO in India
Nov 22, 2021

ECB extends oversight of electronic payments to digital wallets and crypto-assets
Nov 18, 2021

German digital bank N26 to stop operations in US
Nov 18, 2021

Logistical and supply chain challenges could add 1.5% to consumer inflation by 2023
Nov 18, 2021

Crypto platform Gemini raises $400 million in growth equity funding, valuing it at $7.1 billion
Nov 18, 2021

UAE central bank issues new guidance on anti-money laundering
Nov 17, 2021

China to set up $31.4B relending facility for cleaner coal use
Nov 17, 2021

SABB and EXIM sign insurance policy agreement
Nov 17, 2021

Mastercard continues to advance support for inclusive and sustainable urban development
Nov 12, 2021

Kakao Pay raised $1.3 billion as transaction value exceeds $61 billion in Q3
Nov 12, 2021

Western Union and Mastercard expand global partnership
Nov 11, 2021

GoTo Group raises $1.3 billion ahead of IPO
Nov 11, 2021

ICC proposes framework for sustainable trade finance
Nov 11, 2021

MAS announces winners of global CBDC challenge
Nov 11, 2021

SC Ventures launches letsbloom to enable organisations in regulated industries to build, run, and deploy in the cloud
Nov 11, 2021

Record $7.7 billion inflows into China ESG funds in Q3 2021
Nov 10, 2021

Fintech funding in ASEAN more than tripled to $3.5B in 2021
Nov 09, 2021

People’s Bank of China unveils carbon emission reduction facility for financial institutions
Nov 09, 2021

Standard Chartered launches sustainable bank account in the UAE
Nov 09, 2021

UOB-led consortium collaborates with SGTraDex on digitalisation of green trade finance standards
Nov 09, 2021

Blockchain a boon for green finance
Nov 09, 2021

STACS to build blockchain-based registry for ESG certifications and verified data
Nov 08, 2021

UAE Central Bank and Bank Indonesia team up to promote digital payments innovation
Nov 08, 2021

Standard Chartered launches sustainability-focused retail offering in UK

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