The British Retail Consortium has said the U.K.’s financial aid measures haven’t been enough to stop a total collapse for many retailers. In a letter to small business minister Paul Scully and finance minister Rishi Sunak, the Consortium said that June’s rent payment dates will...
Yet another business consortium vies for a lucrative, wholesale digital banking license, according to reports. Singapore’s FinTech firm ADVANCE.AI, Hong Kong’s financial services company Sheng Ye Capital and Singapore’s firm Phillip Capital are the most recent in a series of contenders for critical business permits...
Gaming company Razer is going after a Singapore digital banking license, along with China’s largest online monetary platform Ant Financial, according to reports on Wednesday (Jan. 1). The Hong Kong-listed Razer created a consortium to form Razer Youth Bank with Singapore startups and Asian billionaires,...
Singtel and Grab are looking to consolidate their powers to create a new digital bank for the people of Singapore, they announced in a press release. Singtel, Asia’s leading communications technology group, and Grab, Asia’s leading super app, have formed a consortium to enter digital...
June 27, 2023
Fraud prevention firm Sardine has launched an industrywide, independent consortium to curtail payment fraud. The new SardineX will bring together financial institutions and FinTech companies to share data and establish the credentials of senders or receivers of funds for transactions on multiple payment rails, Sardine said in a Tuesday (June 27) press release. “How we move money has fundamentally shifted […]
May 10, 2020
The British Retail Consortium has said the U.K.’s financial aid measures haven’t been enough to stop a total collapse for many retailers. In a letter to small business minister Paul...
January 07, 2020
Yet another business consortium vies for a lucrative, wholesale digital banking license, according to reports. Singapore’s FinTech firm ADVANCE.AI, Hong Kong’s financial services company Sheng Ye Capital and Singapore’s firm...
January 02, 2020
Gaming company Razer is going after a Singapore digital banking license, along with China’s largest online monetary platform Ant Financial, according to reports on Wednesday (Jan. 1). The Hong Kong-listed...
