TechNode Global Staff
Australia’s BC Payments secures MPI license from MAS
Australia-based Banking Circle S.A. (Banking Circle) announced Wednesday that its wholly owned subsidiary BC Payments Pte. Ltd. (BC Payments Singapore) has been granted a major payment institution (MPI) license by the Monetary Authority of Singapore (MAS).
US’s Boku launches Innovation Hub in Singapore to provide cross-border payment solutions
Boku, the global network for localized payment solutions, announced Wednesday the launch of its Innovation Hub in Singapore.
Singapore’s Nium to join Visa’s stablecoin settlement pilot to support its cross-border payments
Nium, the Singapore-based fintech firm, announced Wednesday it has elected to participate in Visa’s stablecoin settlement pilot, an initiative that enables select partners to settle with Visa using stablecoins across supported blockchains.
DBS and Kinexys by J.P. Morgan to develop framework for interbank tokenized deposit transfers across multiple blockchains
Singapore-based lender DBS and Kinexys by J.P. Morgan are exploring the development of an interoperability framework to enable tokenized value transfers between both banks’ on-chain ecosystems – DBS Token Services and Kinexys Digital Payments.
Philippine OneLot raises $3.3M in funding co-led by Accion Ventures and 468 Capital
OneLot, the Philippines’ financing platform for used car dealers, has raised $3.3 million in seed funding to expand affordable financing and digital tools for independent dealerships.
GFTN Capital partners Accion to advance inclusive FinTech
GFTN Capital Pte. Ltd., a growth-equity venture firm under the Global Finance & Technology Network (GFTN), announced Tuesday a strategic alliance with Accion, a global nonprofit that supports innovative financial service providers in building a more inclusive world.
MAS and UK FCA announce partnership on AI-in-Finance
The Monetary Authority of Singapore (MAS) and the Financial Conduct Authority (FCA) have on Wednesday announced a new strategic partnership on artificial intelligence (AI) in Finance between Singapore and the United Kingdom (UK).
Finmo, Standard Chartered team up to integrate global currency accounts
Finmo, the Singapore-based treasury operating system firm, has partnered with Standard Chartered, an international banking group, to launch global currency account (GCA) capabilities that enable businesses to manage pay-ins, pay-outs, and foreign exchange with greater control and visibility across markets.
Petronas, Enilive and Euglen team up to launch new biorefinery in Pengerang Johor of Malaysia
Pengerang Biorefinery Sdn. Bhd., a joint venture between Petronas, Enilive S.p.A and Euglena Co., Ltd, marked a key milestone with the groundbreaking ceremony for the development of the new biorefinery in Pengerang, Johor, Malaysia.
Singapore’s TGV hits two major portfolio milestones – Forge Global’s $660M acquisition; Animoca Brands’ planned Nasdaq listing
True Global Ventures (TGV), the Singapore-based global venture capital firm investing in artificial intelligence (AI) and blockchain technology companies, have celebrated a historic week in the United States as Forge Global's $660 million acquisition and Animoca Brands' planned Nasdaq listing mark defining moments for the firm's Funds 4 and 5.
