The Monetary Authority of Singapore (MAS) and the Magyar Nemzeti Bank (MNB)  signed a Co-operation Agreement (CA) to strengthen cooperation in FinTech innovation between Singapore and Hungary. The CA sets out a framework for fintech collaboration between both countries. It will put in place a referral mechanism to help fintech firms access each other’s markets. […]

Dubai International Financial Centre, global financial center in the Middle East, Africa and South Asia (MEASA) region, has granted a financial services license to Ebury. Ebury has become the first company to be granted such a license to engage in money services under the Dubai Financial Services Authority’s (DFSA) comprehensive Money Services Regime. With the license […]

The Monetary Authority of Singapore (MAS) and the Bank of Ghana (BOG) have commenced discussions to adopt the Business sans Borders (BSB) open hub of platforms between Singapore and Ghana. These discussions on close cooperation will benefit the small and medium-sized enterprises (SMEs) and micro-SMEs (MSMEs)1 in both countries by expanding their connectivity with their […]

finleap  welcomes a new addition to its portfolio – The company “deineStudienfinanzierung” becomes part of the finleap family through investment. The platform enables all students to study without financial worries. The platform aggregates the largest financing products – from long-term to daily needs – for studies. University students can determine their individual entitlement to options such as […]

Scotiabank has launched a new Global AI Platform that provides customers with intelligent and personalized financial advice. The platform is enabling the Bank to provide fast, relevant advice by anticipating and understanding customers’ needs. It is being used to operationalize several customer models into its retail banking businesses across the Americas. The platform’s compute power enables […]

Fintech Saudi has announced the third annual Fintech Tour to be held from 29 November – 10 December 2020. Fintech Tour is the region’s largest cluster of fintech events. The Tour consists of free lectures, panel discussions and workshops in Arabic and English on fintech related topics that are led by local and international experts […]

The Central Bank of the UAE has announced the launch of the CBUAE FinTech Office during FinTech Abu Dhabi 2020, Which aims to develop a mature FinTech ecosystem within the UAE and position the nation as a foremost FinTech hub regionally and globally. The CBUAE FinTech Office will be working hand in hand with the […]

Singapore-based fintech company, Lightnet Pte. Ltd. (Lightnet Group), has announced a partnership with Siam Commercial Bank (SCB). The partnership makes remittance services accessible to all Thai bank accounts and anyone who has signed up for PromptPay, a government-sponsored service that enables instant bank-to-bank fund transfers. Suvicha Sudchai, Chief Product Officer of Lightnet Group says, “SCB will be […]

Deutsche Bank has announced that it is implementing an electronic banking signature solution together with Daimler Treasury in Singapore with potential application in further markets in Asia for the company’s treasury functions. Deutsche Bank has been Daimler’s long-term core transaction banking partner in Asia Pacific, providing cash management, documentary trade, and risk management solutions. The […]

BBVA has announced the launch of  Global Commercial Cards solution with issuance in eight countries across Europe and Latin America. It is aimed for corporate clients to help simplify and optimize corporate expenses paid using BBVA commercial cards. Global Commercial Cards solution allows companies to have greater control of employees’ use of commercial cards simplifying […]