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How Travel Agents Can Benefit from Tranglo’s Payments Services

After two years of stasis, the pent-up demand to cross international borders again has breathed new life into the travel industry. The UNWTO reported that global international tourist arrivals more than doubled (+130%) in January 2022 compared to 2021, amounting

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UOB Malaysia Partners SJPP to Provide RM1 Billion in Green Financing to SMEs

UOB Malaysia is partnering Syarikat Jaminan Pembiayaan Perniagaan Malaysia (SJPP) to launch the U-Green Financing programme, which will support small and medium-sized enterprises (SMEs) in embracing sustainability. The bank has allocated RM1 billion for this programme, and SJPP will be

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Data Enrichment Key to Enhancing Accuracy of AI Models in Fintech

Data enrichment, the process of enhancing internal data with relevant, contextual data obtained from external sources, is critical for financial services companies looking to get the most out of their investments in artificial intelligence (AI), allowing them to build more

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Reinventing How FIs Interact With Their Customers Using Digitalisation

Consumer digital adoption and expanding regulatory frameworks in APAC present significant prospects for digital banking. COVID-19 has enhanced this potential by boosting digital adoption and highlighting the paths to digital banking growth. Building and developing a digital bank successfully necessitates

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How Indonesia’s BNPL Giant Leverages Data Science to Drive Innovation

Data science and machine learning are some of the most complex yet important business concepts today. And many companies, irrespective of their niche, rely on them to deliver a better user experience to their customers. But what role do data

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InvestHK and HKMA Launches CBDC-Focused Vertical at the Global Fast Track 2022

Invest Hong Kong (InvestHK) and the Hong Kong Monetary Authority (HKMA) jointly announced the addition of the Central Bank Digital Currency (CBDC) track to the Global Fast Track 2022, giving local and global firms valuable opportunities to partner with the

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Bank Islam Partners With UK Islamic Fintech Kestrl to Expand Be U’s Personalised Solutions

Bank Islam Malaysia Bhd has chosen Kestrl, a UK based Islamic Fintech that offers personal finance solutions to Muslims, to develop and implement personal financial management (PFM) features for its newly launched digital bank ‘Be U’. Through this partnership, Bank

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Rise of Super-Apps Puts Pressure on Incumbents

In Asia, bigtechs and new digital banking challengers are rapidly gaining ground, forcing incumbent banks to rethink their business strategy and become a part of the super-app ecosystem, a new report by Finextra, in association with Infosys Finacle and OneSpan,

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4 Ways Alternative Data Is Improving Fintech Companies in APAC

Various categories of fintech firms – Buy Now, Pay Later (BNPL), digital lending, payments and collections – are increasingly leveraging predictive models built using artificial intelligence and machine learning to support core business functions such as risk decisioning. According to

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Digital Transformation: Ditching the “Build vs. Buy” Mentality for a Hybrid Approach

Banks embarking on a digital transformation journey face the tough dilemma of having to choose between building platform components in-house or buying them. But instead of these two historically binary options, there is a third alternative that combines the best

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