Bank, Cloud computing, Interest rate, Money, Finance, Fractional-reserve banking

Standard Chartered Hires Judo Bank’s Co-Founder to Reportedly Work on Digital Bank in Singapore

On Aug 19, 2020
@FintechBot shared
Standard Chartered Hires Judo Bank’s Co-Founder to Reportedly Work on Digital Bank in Singapore https://t.co/guXLxUYglZ by @fintechsin 2020-08-19 07:03:36
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UK bank Standard Chartered is working with Singapore’s National Trade Union Congress (NTUC) Enterprise on its second digital-only bank in Asia, people familiar with the matter told media.

fintechnews.sg
On Aug 19, 2020
@FintechBot shared
Standard Chartered Hires Judo Bank’s Co-Founder to Reportedly Work on Digital Bank in Singapore https://t.co/guXLxUYglZ by @fintechsin 2020-08-19 07:03:36
Open

Standard Chartered Hires Judo Bank’s Co-Founder to Reportedly Work on Digital Bank in Singapore

Standard Chartered Hires Judo Bank’s Co-Founder to Reportedly Work on Digital Bank in Singapore

UK bank Standard Chartered is working with Singapore’s National Trade Union Congress (NTUC) Enterprise on its second digital-only bank in Asia, people familiar with the matter told media.

Consumers could be winners as Singapore shakes up its digital banking sector

Consumers could be winners as Singapore shakes up its digital banking sector

The Monetary Authority of Singapore will distribute up to five digital banking licenses for non-banking entities to provide financial services to retail customers and SMEs.

Taiwan joins Asia digital banking push with three new online licenses

Taiwan joins Asia digital banking push with three new online licenses

Taiwan issued its first virtual banking licenses to three consortiums led by Tai...

Standard Chartered Taps Microsoft for Digital-First Strategy

Standard Chartered Taps Microsoft for Digital-First Strategy

As its preferred cloud platform provider, Microsoft will help the bank make its vision for virtual banking, next-generation payments, open banking and banking-as-a-service a reality.

Standard Chartered signs three-year deal with Microsoft to become 'cloud first' bank

Standard Chartered signs three-year deal with Microsoft to become 'cloud first' bank

Standard Chartertered has signed a three-year deal with Microsoft as part of its ambition to become a 'cloud-first' bank.

Malaysia’s biggest telco Axiata reveals plans to bag digital banking license

Malaysia’s biggest telco Axiata reveals plans to bag digital banking license

The country's central bank announced its plans in December to issue up to five licences.

Hong Kong Institute of Bankers Onboards Six Virtual Banks as Members

Hong Kong Institute of Bankers Onboards Six Virtual Banks as Members

The non-profit organization Hong Kong Institute of Bankers has onboarded six virtual banks as corporate members.

Singapore Now Wants to Start Issuing Virtual Banking Licenses Too—Here’s Why

Singapore Now Wants to Start Issuing Virtual Banking Licenses Too—Here’s Why

The Monetary Authority of Singapore (MAS) is mulling a virtual banking license, revealed after DBS Bank made a statement about it. Hong Kong's HKMA has issued 4 virtual banking licenses ...

Standard Chartered Bank Partners With Microsoft to Become a Cloud-first Bank

Standard Chartered Bank Partners With Microsoft to Become a Cloud-first Bank

Standard Chartered Bank and Microsoft Corp. on Tuesday announced a three-year strategic partnership to accelerate the bank's digital transformation through a cloud-first strategy. ...

Standard Chartered Bank partners with Microsoft to become a cloud-first bank

Standard Chartered Bank partners with Microsoft to become a cloud-first bank

SINGAPORE and REDMOND, Wash. — Aug. 11, 2020 — Standard Chartered Bank and Microsoft Corp. on Tuesday announced a three-year strategic partnership to accelerate the bank’s digital ...

SNB Puts Pedal to the Medal on Fintech

SNB Puts Pedal to the Medal on Fintech

The central bankers' bank is singling out Basel as one of three spots to set up innovation hubs. The move highlights the alpine nation's relatively modest efforts in this respect so far. ...

Xiaomi joins crowd in bid for Singapore banking permit

Xiaomi joins crowd in bid for Singapore banking permit

Chinese device vendor Xiaomi lined up strategy partners to jointly apply for a digital wholesale ...

World Economic Forum Charts Central Bank Digital Currency Usage and Research

World Economic Forum Charts Central Bank Digital Currency Usage and Research

Earlier this week, the World Economic Forum (WEF) published an interesting report covering the usage and investigation of Central Bank Digital Currency (CBDC).  It has been widely reported ...

Standard Chartered Ties Up with Microsoft

Standard Chartered Ties Up with Microsoft

Adding to the big-bank-to-big-tech partnerships announced in recent weeks, Standard Chartered secured a three-year partnership with Microsoft today. The bank will leverage Microsoft to take ...

Banks and FinTech companies; integration and cooperation, not competition

Banks and FinTech companies; integration and cooperation, not competition

Today, we live in a world of rapid technological development, thanks to decades of investment in the IT sectors, especially in electronic communications networks worldwide. It is, ...

Middle East and Africa is heading fast towards being digital first

Middle East and Africa is heading fast towards being digital first

Fifty-seven per cent of respondents said they wanted to develop digital ecosystems to help them provide the kinds of products and services customers want. Kenya Commercial Bank's ...