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In the next three years, 5G connections across the globe will reach 400 million, according to a recent study by the Global Systems of Mobile Communications Association (GSMA). Its Mobile Economy Asia Pacific 2022 report suggests that 148 million of these…
There is a large gap between private banking and your average smartphone app, according to a new study. But a small avant-garde makes headway. Swiss traditional private banking pure-play Julius Baer seems to be the grand citadel of Insta-bankers. That is the…
Many banks are making digital products an essential part of their offerings. It looks like UBS is joining the fray. UBS, Switzerland’s largest bank as registered several new brand names in the Swiss trademark register. Among the new brands are UBS Key4…
A few weeks after Apple, the Samsung Digital Car Key initiative announced support for a number of new BMW, Kia, and Genesis models, reports TizenHelp. These include the Genesis GV60, Genesis G90, BMW 1-8 Series, BMW Z4, BMW X5-X7, BMW iX3, BMW iX, BMW i4, and…
Many central banks have or plan to launch digital central bank money. A PwC study looks at the winners and losers. A study from PwC released Monday analyzing central banks’ level of maturity and development of their digital currencies (CBDCs), shows that…
Russia’s largest bank has been approved by the Bank of Russia to issue digital financial assets on its platform starting a month from now. Sberbank received regulatory approval to start issuing digital financial assets (DFAs), Russia’s largest bank announced…
Digital service provider to help customers mitigate the impact of online risks, StarHub and Chubb Insurance Singapore Limited (Chubb) have introduced CyberCover, a cyber protection policy designed to provide financial support for StarHub mobile and broadband…
The Swiss Bitcoin Association recommends the first technical standards for simplified payment verification (SPV) using digital currencies, eliminating the need to download entire the blockchain for transactions. Switzerland’s Bitcoin SV Technical Standards…
With Covid-19 forcing people to stay at home and spend time online, e-commerce has been thriving. When Tet, the Lunar New Year, was a month and a half away e-commerce platforms had already achieved a strong increase in revenues during their December-12…
SLA Digital has announced a new partnership with Unitel Group, a Mongolian telecommunications company, with Unitel naming SLA Digital as their managed service provider for carrier billing. As part of the relationship, SLA Digital will also be able to offer…
The regional neighbors aim to boost cross-border collaborations that will strengthen Asean regional payments and provide financial inclusivity to Overseas Filipino Workers (OFWs) and micro-small-to-medium-sized enterprises (MSMEs). The central banks of…
The payments infrastructure provider has announced the integration of Indonesian «buy now pay later» (BNPL) pioneer Kredivo to its platform. PPRO is partnering Kredivo – one of Indonesia’s largest and fastest-growing digital credit platforms – to allow more…
Participants include MUFG Bank, Sumitomo Mitsui Banking, Mizuho Bank, Japan Post Bank, Nippon Telegraph & Telephone Corp., East Japan Railway, and Mitsubishi, as well as local governments. The Bank of Japan, Financial Services Agency of Japan, and three…
A shift to round-the-clock trading in August has seen trading volumes in the two months surpassing the total trading volume of the first eight months of the year by 40 percent. DBS has reported strong growth in its digital asset ecosystem, anchored by DDEx,…
The bank said the newly created role will help one of its key pillars of embedding its solutions into the digital platforms that its clients are adopting. HSBC has appointed Aman Narain as head of platforms for global commercial banking, a role in which he…
The pilot will initially be conducted on a limited group under the BOT before it is expanded to the public, retail stores, banks and non-banking facilities. The Bank of Thailand is set to begin testing a retail central bank digital currency (CBDC) in the…
