UnionBank, Standard Chartered pioneer blockchain-enabled bond issuance in the Philippines
Union Bank of the Philippines (UnionBank), in partnership with Standard Chartered Bank (SC), successfully completed a proof of concept for the issuance of a retail bond on a digital platform leveraging blockchain technology for bond tokenization. The 3 and 5.25-year dual tranche issuance totalling PHP 9 billion by UnionBank was successfully mirrored on the platform […]
Disruptive digital solutions is rewiring the DNA of Banking
By Kennedy Mubita, Africa Head, SC Ventures. Imagine a bank whose customers can tap on a wearable device to make a payment, regularly receive updates on changes they could make to their investment portfolio through AI-generated insights. A bank that enables its customer to own their data through the application of blockchain technology and share […]
We made a strategic investment in Secret Double Octopus
Standard Chartered backs passwordless tech startup Secret Double Octopus LONDON (Reuters) – Standard Chartered Plc’s venture capital arm SC Ventures has made a strategic investment in Secret Double Octopus, a Tel Aviv-based startup providing authentication technology that removes the need for passwords, the companies said on Thursday. The financial terms of the deal were not […]
Group Backed by ING Bank, Fidelity and Standard Chartered Releases Crypto AML Tools
The Travel Rule Protocol (TRP), a working group favored by banks and traditional financial institutions and focused on bringing crypto in line with global anti-money laundering (AML) standards, has released the first version of its application programming interface (API). Announced Thursday, the 25-member TRP working group, which includes Standard Chartered, ING Bank and Fidelity Digital […]
nexus 2nd partnership with Sociolla
nexus has established partnership with beauty and personal care e-commerce platform Sociolla to introduce financial products to their users Jakarta – Standard Chartered Bank announced its partnership with Sociolla through nexus, its “Banking as a Service” solution. In line with the Bank’s vision to enable convenient access to financial services for tech-savvy consumers across its market, […]
Our investment in vArmour, a leading provider of Application Relationship Management
Application Relationship Management Company Expands Global Footprint with Strategic Investment Partner Standard Chartered’s SC Ventures will support vArmour’s continued global expansion vArmour, the leading provider of Application Relationship Management, today announced that SC Ventures, the innovation, fintech investment and ventures unit of international banking group, Standard Chartered, is investing in vArmour as a strategic partner […]
We’ve officially launched a new virtual bank Mox in Hong Kong
Mox is a new virtual bank created by Standard Chartered in partnership with PCCW, HKT and Trip.com, which provides its suite of retail banking services entirely digitally over its app. With Mox, opening an account is fast, secure and free. Within minutes, customers can enjoy a whole new way of smarter banking, saving and spending. […]
Co-CEOs to lead Assembly
Fast-growing fintech Assembly Payments has appointed Tim Dickinson and Rimal Gokani as its new co-CEOs, following the company’s joint venture with global bank Standard Chartered. Dickinson takes on the role after working as Assembly Payments’ General Manager for almost a year, and three years in total scaling Assembly from start-up to growth company. Gokani joins […]
Standard Chartered to Launch Institutional Crypto Custody Solution
Standard Chartered’s venture and innovation arm has been working on a crypto custody offering for the institutional market and the first pilot could launch later this year. Alex Manson, the head of SC Ventures, confirmed to CoinDesk Monday the firm is building what he claimed would become one of the most-secure crypto custody solutions on […]
Standard Chartered and Universities Space Research Association join forces on Quantum Computing
Standard Chartered Bank and Universities Space Research Association (USRA) have signed a Collaborative Research Agreement to partner on quantum computing research and developing quantum computing applications. In finance, the most promising use cases with real-world applications include quantum machine learning models (generating synthetic data and data anonymisation) and discriminative models (building strong classifiers and predictors) […]