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Standard Chartered has announced on the first day of Singapore Fintech Festival the launch of Payouts-as-a-Service (PaaS), a bank-grade fintech solution that allows digital businesses to manage one-to-many payments to parties in their ecosystem.
payments , API, digital payments, ecommerce
Kanika Hope, Chief Strategy Officer at Temenos, discusses the trends in embedded finance emerging across different regions.
embedded finance, financial services, super app, merchants, payments , e-invoicing, regulation, risk management, BaaS, data
Zennon Kapron, Director at Kapronasia, talks about Indonesia’s latest real-time payments platform and how can it be used to drive financial inclusion for over 90 million underbanked people.
SMEs, online payments, QR code, QR payments, digital payments, digitalisation, financial inclusion, mobile payments, mobile money, cross-border ecommerce, cross-border payments, e-wallet, e-money
Standard Chartered has completed a pilot testing of the Trade Financing Validation Service provided by MonetaGo over SWIFT, to mitigate the risks of duplicate trade finance fraud on a global scale.
trade finance, fraud detection, fraud prevention
Standard Chartered has partnered with FairPrice Group to launch Trust Bank in Indonesia, while a partnership with Bukalapak gave rise to BukaTabungan, according to The Business Times.
digital banking, product launch, ecommerce
Indonesia-based CT Corpora has teamed up with ecommerce company Bukalapak for an online grocery venture.
ecommerce, partnership, online shopping, delivery, retail
Indonesia-based financial API platform Ayoconnect has raised USD 15 million in a series B funding round led by Tiger Global, according to Tech in Asia.
investment, Open Banking, API, data sharing, financial data
Indonesia-based ecommerce firm Bukalapak and conglomerate Salim Group have announced subscribing to a planned USD 335.55 million rights issue by digital lender Allo Bank.
banks, ecommerce, investment, digital banking, online banking
The first part of the M&As and investments overview regards the ecommece space and Gen Z and Millennials as main targets, and the fast-growing markets to watch, which are India and LATAM
merger, acquisition, investment, ecommerce, Gen Z
partnership, fraud prevention, data analytics
Indonesia-based media conglomerate Elang Mahkota Teknologi (Emtek) has announced it is investing USD 375 million in ride-hailing and payment firm Grab’s Indonesia unit.
funding, investment, ecommerce, e-wallet
Bukalapak, funding, ecommerce
Joshua Chong, Kapronasia, ecommerce, shoppertainment, COVID-19, SMEs, Asia, online shopping, cash-on-delivery
Standard Chartered has partnered with Indonesia-based ecommerce company Bukalapak to launch new offerings for digital banking, according to e27.co.
Standard Chartered, Indonesia, Bukalapak, ecommerce, digital banking
Ayoconnect, funding round, fintech, financial inclusion, payments , Indonesia
Coda Payments and Riot Games have announced that players in eight markets across Southeast Asia can purchase in-game currency for Riot’s free-to-play strategy card game, Legends of Runeterra, on Codashop.
Coda Payments, Riot Games, gaming, in-game purchase, alternative payment methods
Zennon Kapron, Kapronasia, ecommerce, Southeast Asia, digital wallet, online shopping, cashless payments, withdrawal, e-wallets, credit cards, merchants
Indonesia-based B2B e-procurement platform Mbiz has announced it is targeting to raise USD 20 million in a series B round.
Mbiz, e-procurement, Indonesia, B2B payments, funding, funding round, B2B payments, B2B transacrions, Asia, APAC
Bukalapak, an Indonesia-based ecommerce platform, has expanded its reach with the launch of BukaGlobal, an ecommerce platform to reach consumers outside the country.
Malaysia, ecommerce, ecommerce platform, Bukalapak
Bukalapak, an Indonesia-based ecommerce company, has raised USD 50 million in series D founding round from Asset-Naver Asia Growth Fund.
Indonesia, ecommerce, Bukalapak, Asset-Naver Asia Growth Fund, retail