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Tag: National Bank of Cambodia

Fintech in Singapore: 2023 in Review – Fintech Singapore

by Fintech News Singapore December 21, 2023 In 2023, Singapore actively pursued key initiatives across various domains...

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UOB: Asian SMEs, Large Enterprises Are Embrace Digitalization – Fintech Singapore

In Southeast Asia and Greater China, small-, medium- and large-sized enterprises are embracing digital tools to adapt to the rapidly changing business landscape, expand...

Laos’ Fintech Revolution is Still Bank-Led, For Now

In Lao PDR, digital financial services are at a very nascent stage of development, but recent partnerships are seeking to change that by introducing...

Data From October Shows Gold Reserves Held by Central Banks Tapped the Highest Level in 47 Years

Following the World Gold Council’s (WGC) third-quarter report that shows central banks purchased a record amount of gold, data released by the WGC...

Digital Financial Services Picks Up Steam in Cambodia

Over the past few years, digital financial services have seen greater adoption in Cambodia, a trend that was accelerated by the COVID-19 pandemic and the social distancing measures put in

The post Digital Financial Services Picks Up Steam in Cambodia appeared first on Fintech Singapore.

Cambodian E-Wallet U-Pay Picks IPification for One-Tap Verification Solution

Cambodian mobile payments services provider U-Pay announced that it has integrated Hong Kong’s mobile identity solutions provider IPification’s verification solution. U-Pay said that its users will now be able to verify

The post Cambodian E-Wallet U-Pay Picks IPification for One-Tap Verification Solution appeared first on Fintech Singapore.

BoE Governor Believes CBDCs Will Usher in ‘New Era’ of Banking

Speaking at the launch of the Bank for International Settlements’ London location, Andrew Bailey expressed his optimism concerning central bank digital currencies...

Cambodia Bank SBI LY HOUR Launches Cross-border Payment Solution Using RippleNet

Smartphone with Ripple coming out of the screen
Smartphone with Ripple coming out of the screenCambodian bank SBI LY HOUR Bank has launched the first blockchain-based remittance services between Cambodia and Vietnam. This solution is expected to improve cross-border transactions between the two countries.  Blockchain transfer via RippleNet The development was revealed by local news outlet phonmpenhpost on Monday, May 10. According to the report, the new blockchain solution will be powered
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SORAMITSU wins FinTech & RegTech award for pioneering payment system

  Instant digital payments are becoming a global norm. What does this mean for  emerging economies? How can central banks harness the benefits of...

Blockchain Bites: Bitmain’s $4B Valuation, Cambodia’s CBDC and BTC-e’s Bust

Bitcoin is one of the only sources of funding available for the “pirate” science site, Sci-Hub, which is quietly engaged in war against...

Cambodia: Blockchain-Based Payments System ‘Project Bakong’ to Challenge US Dollar Hegemony

According to a Coindesk report published on June 19, 2020, the National Bank of Cambodia is poised to go ahead with its blockchain-based payments system dubbed...

China’s DCEP: The Road to Becoming an International Reserve Currency

Through the DCEP, China will be able to open doors to overseas residents, allowing consumers and merchants to use RMB internationally....

Cambodia Plots a Dollar-Free Future With Blockchain-Based Payments: White Paper

The National Bank of Cambodia revealed the technical details of its upcoming blockchain-based payments system dubbed ‘Project Bakong’ this week. The central bank, which...

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