CTBC Bank goes live with Avaloq core in Hong Kong and Singapore after three-year implementation
The bank first selected Avaloq to power its private banking businesses in Singapore and Hong Kong in 2021.
Taiwan
UK’s Kodelab to provide lending tech for HKMA CBDC pilot with Ripple and Fubon Bank
The pilot is part of the HKMA’s three-stage approach to CBDC development.
DBS completes acquisition of Citi’s consumer banking business in Taiwan
DBS has also absorbed close to 3,000 employees from Citi Consumer Taiwan.
CTBC Bank in banking and wealth management tech revamp with TCS Bancs
TCS says its core system will “support the bank’s growth aspirations over the next decade”.
Taiwan’s challenger Next Bank launches on Temenos core banking tech
Digital-only Next Bank is backed by Taiwan’s largest telecom operator, Chunghwa Telecom.
Taiwan’s Taichung Commercial Bank to acquire American Continental for $82m
The transaction is expected to close in the first quarter of 2023, subject to regulatory approvals.
SinoPac modernises retail banking tech front-to-back office with Temenos
SinoPac, one of Taiwan’s largest banks, is implementing Temenos’ digital banking solutions.
Taiwan’s SCSB taps Temenos for core banking upgrade
SCSB will adopt Temenos’ core banking, payments and data lake solutions.
Taiwan’s Mega Bank selects Avaloq’s core banking platform
Mega Bank will deploy Avaloq’s core platform to digitalise its private banking business.
Taiwan’s Cathay United Bank goes live with Avaloq’s core banking tech
Avaloq says its core platform “creates a solid foundation for Cathay Bank”.
Taipei Fubon Bank revamps private banking tech with Avaloq
The roll-out will start in Hong Kong and Singapore, followed by the onshore market of Taiwan.
Taiwan’s CTBC Bank signs core banking deal with Avaloq
The bank will roll out the Avaloq Core solution across business units in Hong Kong and Singapore.
Blockchain start-up XREX lands $17m funding to expand global footprint
The fintech’s global investors include major banks and venture capital firms.
LINE BK is “an elevation for the financial industry”, says CEO
“In today’s digital world, we are stepping towards a so-called singularity era.”
Canadian and Taiwanese regulators sign fintech sandbox agreement
The regulators will build a “referral mechanism” between their fintech sandboxes.
Taiwanese challenger Next Bank to launch this year on Temenos
Chunghwa Telecom owns a 41.9% stake in Next Bank.
Colt to underpin connectivity at Taiwan’s major exchanges
Taiwan introduced continuous trading in late March.
First Digital Trust bags $3m investment led by Nogle
FDT and Nogle’s goal is to bring legacy financial services to the digital asset industry.
Latvia’s Robocash set to raise $5m for P2P investments in Southeast Asia
European investors can now back 12-month commercial loans in Singapore.
Bolero ties up three-way trade digitisation deal with CTBC Bank and Everline
Deal is part of “an ongoing commitment to digital innovation.”
Commerzbank and LBBW set a new blockchain milestone
This time they’ve integrated logistics provider, Logwin AG.
Sumitomo Mitsui Trust Bank turns to Oracle FSS for tech modernisation
EXCLUSIVE: SMTB is modernising its core, lending and payments tech for corporate banking in Japan and abroad.
KGI Bank pioneers Taiwan’s first regulatory sandbox
In collaboration with Chunghwa Telecom.
