Press Releases

Daily News On The Financial Services Industry

17 Feb 2022

AWS launches 10 new local zones in six countries in Asia Pacific and Japan
16 Feb 2022

UOB’s FY21 net profit up 40% to $2.97 billion
16 Feb 2022

Digital challenger banks increase scale and stature
16 Feb 2022

Jennifer Barker appointed as CEO of BNY Mellon's treasury services business
14 Feb 2022

DBS full-year 2021 net profit rises 44% to record $5.04 billion
7 Feb 2022

DBS’ response to MAS' actions on digital disruption
7 Feb 2022

MAS imposes additional capital requirement on DBS Bank for disruption of digital banking services
4 Feb 2022

MAS-led industry consortium publishes assessment methodologies for responsible use of AI
4 Feb 2022

A framework for equitable sharing of losses arising from scams
1 Feb 2022

The World Federation of Exchanges identifies policy levers to encourage SME listings
31 Jan 2022

Allianz Global Investors completes acquisition of PT RHB Asset Management Indonesia
28 Jan 2022

DBS to acquire Citi’s consumer banking business in Taiwan
27 Jan 2022

BIS releases paper on virtual banking, financial inclusion, data governance, and regulatory framework
27 Jan 2022

Wise partners with Tencent Financial Technology to bolster international money transfers to China through Weixin
25 Jan 2022

Crypto investment startup Flint banks $5.1 million funding led by Sequoia Capital India and GFC to remove complexity from crypto for the next billion users
24 Jan 2022

UOB deepens its commitment to China with RMB2 billion capital injection
21 Jan 2022

Bank Indonesia and Monetary Authority of Singapore expand cooperation across central banking, financial regulation and innovation
19 Jan 2022

MAS and ABS announce measures to bolster the security of digital banking
18 Jan 2022

MAS issues guidelines to discourage cryptocurrency trading by general public
18 Jan 2022

Ravi Menon appointed Chair of the Network for Greening the Financial System
18 Jan 2022

OCBC Bank has been making goodwill payouts to victims of the recent SMS phishing scam
14 Jan 2022

UOB Group to acquire Citigroup’s consumer business in Indonesia, Malaysia, Thailand and Vietnam
12 Jan 2022

Carb0n.fi raises $600,000 for Series A funding round, led by Owl Ventures
11 Jan 2022

PayU announces the launch of LazyCard - A BNPL solution by PayU India
4 Jan 2022

India's largest bank State Bank of India to invest in Pine Labs
21 Dec 2021

BI launches Bank Indonesia fast payment
15 Dec 2021

SEBA bank launches landmark first regulated gold token to enable digital ownership of physical gold
15 Dec 2021

SWIFT delivers major milestones in strategy for instant and frictionless transactions, and sets the stage for global adoption in 2022
14 Dec 2021

BIS CPMI report highlights rapid development of retail fast payments and implications for real-time gross settlement systems
14 Dec 2021

TMRW by UOB launches TMRW Pay, an e-commerce loan to help consumers in Indonesia manage budgeting needs
13 Dec 2021

FSB illustrates practical approaches to the execution of bail-in
13 Dec 2021

Correspondent banking trends persisted in 2020, even as payment landscape changed, new data show
8 Dec 2021

BIS, Bank of France and Swiss National Bank conclude successful cross-border wholesale CBDC experiment
7 Dec 2021

WeLab acquires Bank Jasa Jakarta in Indonesia with plans to launch second digital bank in Asia, after successful launch in Hong Kong
30 Nov 2021

YouTrip, a neobank in Southeast Asia, raises $30 million to accelerate growth in B2C and B2B space
25 Nov 2021

Siam Commercial Bank’s investment in digital asset exchange sparks potential M&As
23 Nov 2021

Bilibili acquires online payment licence for $18.5 million
22 Nov 2021

Paytm’s share price crash after biggest IPO in India
22 Nov 2021

ECB extends oversight of electronic payments to digital wallets and crypto-assets
18 Nov 2021

German digital bank N26 to stop operations in US
18 Nov 2021

Logistical and supply chain challenges could add 1.5% to consumer inflation by 2023
18 Nov 2021

Crypto platform Gemini raises $400 million in growth equity funding, valuing it at $7.1 billion
18 Nov 2021

UAE central bank issues new guidance on anti-money laundering
17 Nov 2021

China to set up $31.4B relending facility for cleaner coal use
17 Nov 2021

SABB and EXIM sign insurance policy agreement
17 Nov 2021

Mastercard continues to advance support for inclusive and sustainable urban development
12 Nov 2021

Kakao Pay raised $1.3 billion as transaction value exceeds $61 billion in Q3
12 Nov 2021

Western Union and Mastercard expand global partnership
11 Nov 2021

GoTo Group raises $1.3 billion ahead of IPO
11 Nov 2021

ICC proposes framework for sustainable trade finance

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