Banking
BIS readies for live implementation of Project Nexus in Asia
Project Nexus by BIS: Key PointsProject Overview:Initiative by Bank for International Settlements Innovation Hub (BISIH).
Aims to enhance cross-border payments by connecting...
Banking
Digital challenger GoTyme Bank acquires salary lender fintech SAVii
Acquisition Announcement: GoTyme Bank, a Filipino digital challenger, has acquired Manila-based lendtech SAVii to enhance its expansion into payroll-enabled financial products.
SAVii Overview:...
Banking
Inclusive instant payment system Higala launches in the Philippines
Introduction of Higala: Higala, an inclusive instant payment system (IIPS), has been launched in the Philippines to reduce the cost of real-time payments,...
Banking
Empower Finance strikes deal to buy Petal with Cashalo acquisition completed
Acquisition by Empower Finance:Empower Finance, a US-based credit underwriter, has entered into a definitive agreement to acquire Petal, a credit card and...
Banking
Country Builders Bank in the Philippines selects Kiya.ai for banking tech upgrade
Country Builders Bank (CBB), a rural bank headquartered in Makati, Philippines, has chosen Indian fintech Kiya.ai to upgrade its banking infrastructure.
CBB will...
AI
Metrobank in the Philippines taps Temenos for its wealth management tech
Metropolitan Bank and Trust Company (Metrobank), based in the Philippines, has partnered with Swiss banking solutions vendor Temenos to implement its private wealth...
Banking
UNO Digital Bank’s parent company secures $32.1m funding to fuel growth
Singapore-based fintech UNOAsia, the primary incorporator of UNO Digital Bank in the Philippines, has raised $32.1 million in a pre-Series B funding round.
...
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