Company Statements
Asia Pacific
Tonik to launch first digital-only bank in the Philippines
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...
Banking
Prudential Vietnam and SeABank establish exclusive bancassurance partnership
Prudential Vietnam Assurance Private Limited , a subsidiary of Prudential plc, and Southeast Asia Commercial Joint Stock Bank have entered into an exclusive bancassurance partnership with a 20-year term. Prudential Vietnam will also become the preferred life insurance provider...
Cards & Payments
Fingerprints Software Platform for Payments and T-Shape sensor module pass by Bank Card Test Center in China
Fingerprint Cards ABβs software platform for payments, FPC-BEP, and the FPC T-Shape sensor module have passed the accuracy and security test performed by Bank Card Test Center (BCTC). BCTC is an independent third-party test service provider based in China...
Asia Pacific
Another consortium joins race for Singapore digital bank licence
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,...
Company Statements
Wirecard and Singapore’s largest currency exchange network FXChange simplify payments for every traveler
Wirecard, the global innovation leader for digital financial technology and FXChange, Singaporeβs largest self-service currency exchange network, are collaborating to provide outbound and inbound travelers in Singapore with simple and flexible digital payment options. The companies are launching multi-currency...
Company Statements
Canadian fintech firm Mogo launches newly designed mobile app
Mogo Inc , a financial technology company, announced the launch of its newly redesigned mobile app that makes it easier than ever for Canadians to get in control of their financial health. Financial stress continues to be the number...
Company Statements
Klarna chooses Amazon Web Services as preferred cloud provider
Klarna intends to leverage AWSβs scalability and security, along with its portfolio of cloud services, to strengthen its teams to innovate at a faster pace.
Sweden-based online financial services provider Klarna has selected Amazon Web Services (AWS), a subsidiary of...
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