UOB unleashes digital bank for ASEAN mobile advance
United Overseas Bank loves the overseas.
ASEAN
Fintech funding round-up: 16 November 2017
Say it isn’t so, another fintech funding round-up? Of course! It’s busy as always. Here’s the latest news action. Featuring DIFC and its investments, ASEAN seeing a boom with fintechs on the rise, and two firms; Active.ai and PayStand get individual funding too.
CFTE brings fintech education initiative to Asia with MAS
UK-based Centre for Finance, Technology and Entrepreneurship (CFTE) is looking to expand to Asia and plans to set up its first international hub in Singapore. The newly launched organisation says it “has been working closely with the Monetary Authority of Singapore (MAS) to formalise plans to expand CFTE’s education initiative to ASEAN”.
Maybank launches fintech sandbox
Malaysia’s largest bank, Maybank, has unveiled its fintech sandbox to let ASEAN start-ups develop and test new ideas. As the “first in ASEAN”, the Maybank FinTech Sandbox offers a place “free of charge” to help developers throughout the region. The bank is keen to tap into ideas around cloud, the internet of things (IoT) and […]
The rise of the Asian superbroker
As the global banks grapple with tides of regulation, fines, and a myriad of other post-crisis issues, local Asian institutions are tooling up and stepping in to fill the gaps.
Liquidnet launches in Thailand
Buy-side block trading venue Liquidnet has opened in Thailand, providing long-term institutional investors with another platform for trading the ASEAN market.
Fidessa plans ASEAN trading network
Trading technology company Fidessa has partnered with Asian brokers CIMB, DBS Vickers, Maybank Kim Eng, OCBC Securities, Philip Securities and UOB Kay Hian as part of a plan to create a one-stop trading service for all ASEAN markets.
Philippine bond market adopts Nasdaq OMX surveillance
The Philippine Dealing and Exchange has chosen a system to monitor its fixed income markets and make sure that any market abuse is swiftly discovered and dealt with.
Acleda Bank fuels Cambodian expansion with Temenos tools
Cambodia’s Acleda Bank has embarked on a massive programme of expansion in a bid to reach unbanked customers in the country, drawing on core banking technology provided by Swiss banking software company Temenos.
