Singapore tech startup, SEA Ltd., has acquired Indonesian bank, PT Bank Kesejahteraan Ekonomi, making the tech startup one of the most valuable companies in Southeast Asia. This is just another move by the tech startup to capture market share within the fintech industry around Asia. Digital banking is seeing massive growth and demand throughout the region, …
I’m not a huge fan of the word “disruptor”…I think it’s used far too much (hello Uber & AirBnB), BUT in this case, I think it’s warranted. Stripe the massively accepted online credit card and payments service is working some big names to offer Banking-as-a-Service (BaaS), called Stripe Treasury, without the archaic processes. This new product …
We previously wrote about how many central banks are considering forming its own digital currencies, now the European Central Bank (ECB) is seriously looking at having its own digital currency as soon as within two to four years, as shared by ECB President Christine Lagarde. While consumers around the world are embracing cashless digital payment …
This past week, fifteen Asia-Pacific countries formed the world’s largest trading bloc, called the Regional Comprehensive Economic Partnership (RCEP). Highlights of the deal include: The trade bloc includes: all ten nations under the ASEAN, plus China, Japan, South Korea, Australia and New Zealand Notably absent…the USA The RCEP deal is forecasted to account for 30% …
“Green” bonds have been making their mark over the last few years and yielding growing interest among investors. The City of London has started offering these “green” bonds to fund environmentally-friendly projects now. This offering will attract the ESG (environmental, social and governance) concious investors and funds. France and Germany have been leading the EU …