BankingUK P2P lender Zopa to secure £130 mn to become virtual bankInternational Finance DeskDecember 2, 2019 by International Finance DeskDecember 2, 2019 Zopa was the first peer-to-peer lending firm in the UK—lending nearly £4 billion to consumers since inception... Read more
BankingRCBC to launch first Philippines-based virtual bankPritam BordoloiDecember 2, 2019 by Pritam BordoloiDecember 2, 2019 The new venture Diskartech will be the first Filipino financial inclusion-focused virtual bank... Read more
FintechRevolut to disrupt UK traditional banking with direct debitsInternational Finance DeskNovember 28, 2019January 7, 2020 by International Finance DeskNovember 28, 2019January 7, 2020 It has added a new feature where users can pay with direct debits in UK pounds... Read more
BankingOCB wins International Finance Award for digital bankingInternational Finance DeskNovember 27, 2019 by International Finance DeskNovember 27, 2019 The award honours banks for their accomplishments in innovation, infrastructure development, and customer centricity... Read more
BankingHong Leong Bank launches new-gen digital bank in VietnamInternational Finance DeskNovember 21, 2019 by International Finance DeskNovember 21, 2019 The digital bank will offer fee-free financial transactions and e-vouchers to customers on the HLB Connect app... Read more
BankingMagazineSeptember-October 2019 IssueOCB: Pioneering Vietnam bank in digital technologyBharath KumarSeptember 25, 2019December 6, 2019 by Bharath KumarSeptember 25, 2019December 6, 2019 Vietnam’s Orient Commercial Bank is successfully executing a digital transformation journey with the customer at the centre... Read more
MagazineSeptember-October 2019 IssueTechnologyUAE leads AI-led digital transformation in the Middle EastBharath KumarSeptember 24, 2019December 6, 2019 by Bharath KumarSeptember 24, 2019December 6, 2019 AI is expected to contribute 14 percent of UAE’s 2030 GDP... Read more
BankingHong Kong’s newly licenced digital banks to operate from early 2020International Finance DeskSeptember 17, 2019November 4, 2019 by International Finance DeskSeptember 17, 2019November 4, 2019 The banks’ operations have been delayed owing to the current protests that has continued into the fourth month... Read more
FintechIF EXCLUSIVE: Singapore digital banks: Compete or collaborate?International Finance DeskAugust 5, 2019March 18, 2020 by International Finance DeskAugust 5, 2019March 18, 2020 With a digital banking licence, Singapore’s fintech startup InstaReM plans to change the dynamics of banking customer experience... Read more
FintechUK digital bank Monzo to fight for US market share after £2 bn valuationInternational Finance DeskJune 26, 2019 by International Finance DeskJune 26, 2019 Monzo raises £113 million in a fresh round of funding, doubles its customer base to two million... Read more