Digital infrastructure provider Equinix has formed a US$525 million limited liability partnership with GIC, Singapore’s sovereign wealth fund, to develop and operate two hyperscale data centres in Seoul, Korea.

The Asian Development Bank (ADB) has launched a project to make cross-border securities transactions in the Asean+3 region more efficient and secure through the use of blockchain technology.

Bank Negara Malaysia (BNM) has launched its five-year Financial Sector Blueprint to guide the country in its journey towards financial inclusion, digital finance and sustainability.

Darwinbox, an Asia-focused human resources technology platform headquartered in Hyderabad, India, has raised US$72 million in its latest funding round, taking total investment in the company to over US$110 million and its valuation to US$1 billion plus.

Royal Bank of Canada is moving its wealth management platform in Asia to a cloud-based software as a service (SaaS) model through its technology partnership with Avaloq.

FLOW Digital Infrastructure has appointed Amandine Wang as its chief executive officer, effective January 1 2022. Based in Singapore, Wang will focus on driving the firm’s growth and the delivery of its mission to enable digital economies in Asia-Pacific.

Real estate investment manager GLP has self-executed its maiden six-month commercial paper issue amounting to S$100 million (US$74.38 million) on the DBS’s FIX Marketplace.

Strong growth in tech across Asia-Pacific will nurture many suitable de-Spac candidates

Increased digitalization remains a crucial goal for many firms looking to stay ahead of curve. This is particularly true for financial firms aiming to further deepen their relationship with clients by offering customized investment solutions or receiving alerts on unusual transactional activity.

Changes to trade and industry in the wake the pandemic and climate change, particularly rising labour costs and supply chain disruptions, are pushing many disruptive technologies such as robotics, artificial intelligence (AI), electric mobility, and blockchain to forefront and creating new investment opportunities in 2022.

French digital asset service provider aims to be Europe’s first crypto bank

London-headquartered fintech firm Railsbank is expanding its presence in Singapore, Vietnam, Malaysia and Australia to support the growing demand for “embedded finance” in the Asia-Pacific region.

David Lewis, former FATF secretary, has extensive anti-money laundering experience

Fintech leads country’s alternative lending sector, focuses on underbanked individuals, MSMEs

China’s central bank has issued a development plan for the fintech sector for 2022 to 2025, providing guidance, targets, key tasks, and support for the financial industry’s digital transformation.