Press Releases

Daily News On The Financial Services Industry

Oct 14, 2021

Pine Labs enters online payments space with the launch of Plural
Oct 14, 2021

SWIFT Go builds momentum as 100+ banks sign up for service that powers SME and consumer payments
Oct 13, 2021

UOB launches integrated energy financing platform
Oct 08, 2021

UniCredit and J.P. Morgan collaborate on SWIFT Go payment transactions between Europe and the US
Oct 07, 2021

FSB publishes progress report on the regulation, supervision and oversight of “global stablecoin” arrangements
Oct 07, 2021

Mastercard Economics Institute: New small business formation in APAC grew 35% year-over-year
Oct 07, 2021

UOB and ADDX collaborate on sustainability-linked digital bond
Oct 06, 2021

Lam outlined measures to enhance Hong Kong’s role as link between China and international financial markets
Oct 06, 2021

IBM collaborates with MonetaGo to address trade finance fraud in Southeast Asia
Oct 06, 2021

CoinSwitch Kuber raises $260 million, valued at $1.9 billion
Oct 06, 2021

Deutsche Borse names Digital Asset as strategic technology partner for new digital post trade platform
Oct 06, 2021

CPMI and IOSCO publish guidance, call for comments on stablecoin arrangements
Oct 05, 2021

HKMA released white paper on e-HKD and seeks feedback
Oct 05, 2021

Bank DBS Indonesia and Kredivo Increase Joint Financing Limit to $70m
Oct 05, 2021

UnionBank's UBX opens Singapore HQ
Oct 05, 2021

BNY Mellon utilises blockchain to digitise working capital in global trade finance
Oct 04, 2021

Microsoft to roll out cloud solution to address needs of retail banking
Oct 04, 2021

QNB partners with blockchain solutions Ripple
Oct 04, 2021

Despite challenges, many globally important banks are well positioned to thrive
Oct 04, 2021

Pandora Papers: How banks and law firms work with offshore service providers to design complex corporate structures to hide the riches of world leaders and billionaires, reported by ICIJ
Oct 04, 2021

Ula raises $87 million in series B funding led by Prosus Ventures, Tencent and B-Capital
Oct 01, 2021

NFT sales volume hits $10.7 billion in Q3 2021
Oct 01, 2021

IMF sets out policies for financial stability amid global crypto adoption
Oct 01, 2021

Partior hires industry veterans to disrupt traditional cross-border payments sector
Oct 01, 2021

MAS and financial industry to use new digital platform to fight money laundering
Sep 30, 2021

BIS and central banks call for public-private sector cooperation on retail CBDCs in report
Sep 30, 2021

FSB launches new financial stability surveillance framework
Sep 29, 2021

UOB to invest $500 million to ramp up digital capabilities across ASEAN as it aims to more than double its digital retail customers by 2026
Sep 29, 2021

China announces plan to bring algorithms under state control in a sign of tightened censorship
Sep 29, 2021

China’s Evergrande to sell $1.5 billion stake in Shengjing Bank to state firm
Sep 29, 2021

Bank of England announces members of CBDC working groups, including PayPal and Monzo
Sep 29, 2021

Jordan Kuwait Bank to launch region’s first contactless biometric cards
Sep 28, 2021

BIS highlights potential of mBridge’s multi-CBDC prototype to reduce costs and processing time of cross-border payments
Sep 28, 2021

Mastercard launches BNPL scheme
Sep 27, 2021

Ascend Money hits $1.5 billion valuation with new funding, claims Thailand's first fintech unicorn crown
Sep 27, 2021

Singapore’s PayNow and Malaysia’s DuitNow to link in 2022
Sep 27, 2021

China announced total ban on crypto transactions
Sep 27, 2021

China’s Evergrande used retail financial investments to plug funding gaps
Sep 27, 2021

Ecommerce and BNPL spearhead MENA payments sector
Sep 27, 2021

Asia takes centre stage for SPACs as Hong Kong and Singapore join fray
Sep 27, 2021

Central banks of Nigeria and Ghana accelerate adoption of CBDC pilots
Sep 27, 2021

US banks urge regulators for space to grow crypto
Sep 27, 2021

JPMorgan Chase announced deployment of cloud-based core system for retail banking
Sep 27, 2021

US Treasury takes action against SUEX for facilitating ransomware
Sep 27, 2021

Fintech valuations reach new levels and the US leads the pack of unicorns
Sep 27, 2021

Tradeteq and XDC Network claims first trade finance-based NFT transaction
Sep 25, 2021

Moolahgo closed pre-series funding & gearing up for series-A round
Sep 23, 2021

SoftBank Ventures Asia leads OY! Indonesia series A funding worth $30 million
Sep 23, 2021

HSBC facilitates listing of one of the largest STAR50 ETFs in HKEX
Sep 23, 2021

Supply chain and ransomware threats drove 60% increase in global cyber intelligence sharing among financial firms

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