Latest News on Banking

Singapore and India will soon have 'low cost fund transfers' between banks

The central banks of both countries plan to integrate each others banking services.

Carl Adrian4d ago

Shopee's parent company, SEA Group, has bought a bank in Indonesia

SEA Group bought Bank Kesejahteraan Ekonomi Indonesia, a significant move into the digital banking space.

Alfred LeeJan 13, 2021

Banking software start-up Mambu raises $135 million at a $2.1 billion valuation

Mambu is the latest financial technology company to achieve the coveted status of

CNBC.COMJan 08, 2021

Gojek invests in Bank Jago, marking its entrance into digital banking | KrASIA

Our aim is to make the Gojek app a reliable resource for everyone’s financial needs, said co-CEO Andre Soelistyo.

KR-ASIA.COMDec 20, 2020

Grab-Singtel, Sea, and Ant Group can now run Digital Banks in Singapore.

The companies received digital banking licenses from Singapore's government last Friday.

Alfred LeeDec 06, 2020

Grab and Singtel to set up digital bank in Singapore

Singapore Telecommunications (Singtel) is partnering with Grab to apply for a full digital banking license.

Ismawati AsmatDec 31, 2019

Ant Financial to invest $1 Billion for startups in SouthEast Asia and India

The company also plans to seek a virtual banking license in Singapore.

Ismawati AsmatNov 28, 2019

Revolut is now officially serving Singapore with its borderless banking solutions

Singapore residents can make seamless oversea transactions with Revolut services.

Syamil FaisalOct 26, 2019

HSBC to cut 10,000 jobs — the banking industry is facing deep job cut wave

Global economic turmoil frustrates HSBC and other big banks.

Syamil FaisalOct 08, 2019

Fintech startups reliant on partnerships to survive

Fintech has been repeatedly hyped as a revolution in finance and banking that could create far-reaching change in the industry.

BEAMSTARTMar 02, 2018

Startup Accelerators Aren't Banking on Exits Any More

Accelerators are increasingly selling a range of services to generate ongoing revenue, without waiting years for startups to be sold.

BEAM TeamOct 05, 2017

Why e-commerce firms could replace banks as the region’s leading lenders

The simultaneous rise of peer-to-peer lending and big data could drastically change the region’s banking industry

BEAM TeamSep 10, 2017

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