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GCash operator joins network of Asian fintech firms

GLOBE Fintech Innovations Inc. (GFII), operator of the electronic wallet GCash, has joined a dozen financial technology (fintech) firms based in Asia in the launch of “Programme Sirus.” In a statement issued from Tokyo, Japan, last Tuesday, Ant International Pty. Ltd. announced that GFII is one of 13 Asian fintech… ....

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Singapore Raises Deposit Insurance Scheme to S$100,000 in April

Singapore Raises Deposit Insurance Scheme to S$100,000 in April
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GXBank receives approval from Bank Negara to commence operations

KUALA LUMPUR: The Grab-led digital bank, GX Bank Bhd (GXBank) has completed an operational readiness review and has been approved to commence operations effective Sept 1, 2023, by the Minster of Finance and Bank Negara Malaysia (BNM). ....

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What should you do if your bank has collapsed overnight?

Banks around the world should probably check their feng shui, because things are not going well. Hot on the heels of a spectacular triple collapse featuring Silicon Valley Bank, Signature Bank and Silvergate Capital, the latest victim is none other than Credit Suisse. On March 19, 2023, the Swiss bank was taken over by its rival, UBS Group. Credit Suisse. ....

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