Standard Chartered, Bukalapak launch new digital banking service in Indonesia

Jakarta, Indonesia – Global financial services Standard Chartered and Indonesian e-commerce company Bukalapak have announced the launch of a new digital banking service in Indonesia named BukaTabungan. The new digital banking service aims to serve the underbanked segment in Indonesia. BukaTabungan, which is offered on the Bukalapak platform, will offer...

Indonesia-based Akulaku’s BNPL solution now supported by Alipay+

Indonesia – Akulaku, a digital banking and finance platform in Southeast Asia, has partnered with Alipay+, a suite of global cross-border mobile payments and marketing solutions operated by Ant Group, to launch 'Akulaku PayLater', a BNPL solution that will allow Indonesian consumers to use at Alipay+’s global merchants. Through the...

ShopBack brings back 4-month ShopFest this year with the theme ‘Like a VVIP’

Singapore – ShopBack is returning with ShopFest 2022, the shopping festival it dubs its ‘largest’, having it slated for a 4-month run. September marks the countdown to the year-end holiday season and ShopBack’s festival comprises the biggest sales events – 9.9, 10.10, 11.11, Black Friday-Cyber Monday (BFCM) and 12.12. ShopFest...

Klook inks MoU with Central Pattana to drive travel recovery in Thailand

Thailand – Klook, a travel and leisure e-commerce platform, has signed a Memorandum of Understanding (MoU) with Central Pattana plc, Thailand's retail-led mixed-use real estate developer and operator of central shopping centres, residential and office buildings, and hotels, to boost inbound tourism to Thailand. The partnership, which begins in October...

Standard Chartered, NTUC-backed digital bank Trust Bank launches in SG

Singapore – Trust Bank, a new digital bank backed by Standard Chartered, NTUC Enterprise and FairPrice Group, has officially launched in Singapore. Trust Bank is the first of the nation’s new wave of digital banks and launches with a range of products for its customers, comprising a credit card, savings...

BillEase, OpenFabric partner to launch new integration solution for merchants

Manila, Philippines – The Philippine-based buy-now-pay-later platform, BillEase, has partnered with OpenFabric, a technology company that builds infrastructure for payments and financial services, to launch its new integration stack for large enterprise merchants and payment gateways looking for same-day integration of BNPL service. This will allow any business to rapidly...

ABS-CBN, TV5 terminate previously-announced partnership agreement

Manila, Philippines – Barely a month after Philippine media giants ABS-CBN and TV5 have announced their sales and purchase agreement, both companies have now agreed to terminate said agreement. This comes after both companies temporarily suspended their partnership following lawmaker and regulator concerns. In a stock exchange filing submitted by...

Twitter introduces new feature ‘Twitter Circle’

Singapore – Social media platform Twitter has announced a new feature called ‘Twitter Circle’, which allows users to send tweets to select people, and share their thoughts with a smaller crowd. Twitter users can now choose who is in their Twitter Circle, and only the individuals they have added can...

Monetary Authority of Singapore, Bank Indonesia to commence cross-border QR payment linkage

Singapore – The Monetary Authority of Singapore (MAS) and Bank Indonesia (BI) have announced plans to commence work on cross-border QR payment linkage between Indonesia and Singapore as part of the ASEAN-wide payments connectivity effort. The linkage is targeted to be launched in the second half of 2023. The linkage...

Revolut welcomes Raymond Ng as new CEO for Singapore

Singapore – Global financial superapp Revolut has appointed Raymond Ng, chief commercial officer at Liquid Group, to be its new CEO for Singapore. This follows Revolut's recent launch of its crypto products in Singapore. In his new role, Ng will be focusing on leading and building the next chapter of...