Standard Chartered taps SAP Multi-Bank Connectivity

Among pioneering banks supporting API connectivity to a secure corporate network . Standard Chartered has tapped the SAP Multi-Bank Connectivity solution and joined as a member bank, aiming to offer an enhanced experience to corporate clients in meeting their transactional banking needs, simplifying the onboarding process, and delivering both traditional and new…

Read More

Standard Chartered launches digital portal with Demica

To accelerate supplier enrolment in supply chain finance programmes. Standard Chartered is partnering with Demica, a leading fintech specialising in working capital solutions, to transform access to the Bank’s supplier finance programmes, allowing easier enrolment for thousands of suppliers through an online portal while delivering a world-class experience for the…

Read More

Standard Chartered partners with FinLync to accelerate adoption of Bank’s API offerings

Will reduce onboarding time for corporates to connect to Bank’s APIs and achieve improved decision-making. FinLync, a global fintech company transforming corporate finance and treasury offices through its world-class products, and Standard Chartered, a leading international banking group, today announced their partnership to enable corporate treasury and finance teams to rapidly…

Read More

DBS and Temasek establish growth debt financing platform for Asia

EvolutionX will provide non-dilutive financing to growth stage technology-enabled companies. Singapore-based financial institute DBS and Temasek have entered into an agreement to jointly launch a US$500 million growth stage debt financing platform, called EvolutionX Debt Capital (“EvolutionX”). Headquartered in Singapore, EvolutionX will provide non-dilutive financing to growth stage technology-enabled companies…

Read More

Standard Chartered appoints CIO for Consumer, Private & Business Banking

Former CIO leaves for other opportunities. Standard Chartered (the Group) has announced the appointment of Anshu Sharma Raja as CIO Consumer, Private & Business Banking (CPBB). She will be based in Singapore, reporting to Group Chief Information Officer Michael Gorriz from August 2021, subject to regulatory approval. Former CIO, Paul…

Read More

Banks to move online and form customer-centric digital ecosystems

Global banking executives believe that the branch-based model will die out. COVID-19 branch closures, new technologies and increased competition from fintechs, super-app platforms and tech giants have accelerated digital transformation and triggered a shift in banking priorities and business models. Temenos the banking software company, finds that 65 per cent…

Read More

Standard Chartered and BC Technology Group cement digital moves

BC Group CIO moves into a CEO position. SC Ventures, the innovation and ventures unit of Standard Chartered, and BC Technology Group (BC Group), Asia’s leading digital asset company and parent of Hong Kong Securities and Futures Commission (SFC)-licensed digital-asset platform OSL, have partnered to establish a digital asset brokerage…

Read More

Standard Chartered Bank turbo charges digital payments

Investment and merger of CurrencyFair with Assembly Payments. Global cross-border payments platform CurrencyFair and Assembly Payments, whose platform automates complex payment workflows, have merged as a result of a strategic investment by Standard Chartered, subject to shareholder and regulatory approval. SC Ventures the ventures and fintech investments unit of Standard…

Read More

Standard Chartered unifies investment managment platform

Adding value for asset managers and asset owners by providing access to real-time data. Standard Chartered will use BlackRock’s Aladdin platform to offer integrated front-to-back-office investment management solutions to mutual clients across Asia, Africa, and the Middle East. This will complement Standard Chartered’s existing product offerings. It will also add…

Read More

Chartered Bank focuses on eliminating risk

Accelerating the adoption of digital solutions. Resilience is at the core of Standard Chartered Bank, in what has been an extraordinary year for the financial institution. In its fourth quarter and full year 2020 results, Chartered noted the negative impacts of COVID-19 should be “largely transitory, and indeed have provided…

Read More