In the News
Asia is home to 61% of the world’s population. In terms of Artificial Intelligence (AI), many countries are still in the early stages of development but have a high potential to scale returns.
Despite COVID-19 headwinds, Southeast Asia’s digital economy has remained strong and resilient, adding 40 million people into the online space this year.
With shrinking profits due to the financial impact of the pandemic and increasing regulatory costs, banks are looking to leverage tech to improve their compliance processes—providing a boon for regtechs, with the global market expected to reach $16 billion in 2025, up from $6.3 billion today.
As the COVID-19 pandemic intensified in this end of 2020, the South-East Asia startup ecosystem is forced to adapt to meet the changing landscape. However, while the outlook might have seemed grim, many startups were able to find opportunities for growth, especially in online markets.
If you work in financial services then you’re already aware that knowing your customer (KYC) is not just an essential process, it is also a legal requirement.
These 33 FinTech funding rounds from last week highlight the rise of Scandi challenger banks, the importance of cybersecurity and how competition in the buy now, pay later space is heating up.
Capital raised from OTB Ventures, Wavemaker PartnersandSC Ventures$15m raised will support R&D in Europe and further expansion in US and AsiaValuation doubled since 2019 Series A round Singapore, 12 October 2020 – Silent Eight (or “the Company”), the global technology company using Artificial Intelligence (AI) to combat money laundering and terrorism financing, today completes a…
Standard Chartered uses the startup’s technology to help insulate it against risks arising from financial crime and money laundering