Asia Pacific

BNP Paribas Securities Services has extended its license for Temenos Multifonds Global Accounting and Temenos Multifonds Global Investor until 2028. Temenos’ software platform and integrated operating model will deliver localised accounting and reporting to underpin the management of BNP Paribas...

Neo-banking startup Tonik is to open a digital-only bank in the Philippines after securing a banking licence from the country's central bank. Seeded and built by fintech venture builder Forum, Tonik intends to launch in the coming months with an...

Another consortium has joined the bid for a digital bank licence in Singapore, with plans to target small and mid-sized businesses (SMBs) and offer consumers modular services, such as "micro-coverage" insurance. The group comprises several major brands including lifestyle,...

The joint venture will provide cloud-based and AI technological services to regional banks in Japan. China-based fintech company OneConnect, a subsidiary of insurance group Ping An Insurance and Japanese financial service group SBI Holdings have announced the launch of...

Wipro to provide a suite of services to ICICI Bank for seven years through a business transfer agreement with Vara lnfotech IT company Wipro has bagged a seven-year contract worth $300m (£245.3m) to provide a comprehensive suite of services to...

Microsoft is collaborating on a digital overhaul of a United Arab Emirates-based trade finance bank, Anglo-Gulf Trade Bank The technology giant is collaborating with enterprise IT consulting firm Publicis Sapient to develop end-to-end solutions for Anglo-Gulf Trade Bank in an...

Zurich Insurance Group has wrapped up its previously announced A$2.85bn (£1.57bn) acquisition of OnePath Life, the former Australian life insurance business of ANZ. OnePath Life provides a variety of wealth and insurance products through financial advisers or directly to customers....