HSBC reveals more detail on ‘Project Iceberg’
by Graham Buck
Plans for a stand-alone digital bank aimed at SMEs to counter competition from online rivals were first revealed last September.
Asia
China’s central bank accelerates drive to regulate fintech
by Graham Buck
The People’s Bank of China said that cutting financing costs for business is one of its primary goals.
MAS to embrace blockchain for international payments
by Graham Buck
Singapore’s central bank has confirmed its commitment to using the new technology under ‘Project Ubin’.
Standard Chartered to launch open platform for India’s SMEs
by Graham Buck
The bank says that it will offer access to business loans, supply chain financing and logistics.
Reserve Bank of India moves to ease liquidity squeeze
by Graham Buck
The forthcoming US$5 billion FX swap auction marks a new tactic by India’s central bank.
UOB offers working capital funding for Thai SMEs’ digitisation
by Graham Buck
The Singapore banking group’s smart business transformation programme aims to support Thailand’s smaller businesses.
Citi extends FX pricing and trading engine to Singapore
by Graham Buck
The new trading engine is supported by the MAS and will go live by the end of this year.
China eases foreign exchange controls
by Graham Buck
The move is the latest in a slow but steady policy of economic liberalisation - although not for the property sector.
C2FO partners with India’s Kotak on working capital management solution
by Graham Buck
The bank says the partnership with C2FO will meet the increased working capital needs of Indian businesses.