United Overseas Bank

Swift Sets Industry Up for Seamless Introduction of CBDCs for Cross-Border Transactions as Interlinking Solution Finds More Use Cases

Retrieved on: 
Monday, March 25, 2024
Carriers and Services, Technology, Professional Services, Payments, Electronic Commerce, Blockchain, Security, Networks, Internet, Fintech, Mobile, Wireless, Deutsche Bank, CLS Group, Automation, Savings bank, Standard Bank, Growth, United Overseas Bank, DVP, Tokenization, ANZ, Westpac, Risk, Sumitomo Mitsui Banking Corporation, Digital asset, Public policy, Intesa Sanpaolo, CBDC, Community business development corporation, Commercial, DTCC, Standard Chartered, DLT, NatWest Group, Ecosystem, HSBC, FX, CLS, DBS, Commercial bank, Cryptocurrency

Swift’s solution has already been shown to enable cross-border transfers and connect CBDCs on different networks with each other, as well as with fiat currencies.

Key Points: 
  • Swift’s solution has already been shown to enable cross-border transfers and connect CBDCs on different networks with each other, as well as with fiat currencies.
  • The second phase of sandbox testing went further, exploring more complex use cases, using Swift’s solution to connect and orchestrate transactions across simulated digital trade and tokenised asset and FX networks, alongside CBDCs for payments.
  • Swift now plans to extend its solution to support a wider range of emerging digital networks in addition to CBDCs, such as platforms for tokenised deposits.
  • This will help to facilitate access and usage of CBDCs in the new complex world of digital payments.

Asia's leading tech company to partner with Nagad

Retrieved on: 
Thursday, March 28, 2024
OCBC, United Overseas Bank, Partnership, The Honourable, News, Acquisition, OCBC Bank, UOB, Cryptocurrency

Recently, Tanvir A. Mishuk, executive chairman and CEO of Nagad Ltd., received a warm invitation from Goh Peng Ooi at his residence in Malaysia.

Key Points: 
  • Recently, Tanvir A. Mishuk, executive chairman and CEO of Nagad Ltd., received a warm invitation from Goh Peng Ooi at his residence in Malaysia.
  • Nagad believes this initiative will not only benefit Nagad but also bring significant changes to the entire banking sector in Bangladesh.
  • Nagad has already introduced some ground-breaking innovations, leading to a transformation in the country's financial industry.
  • Nagad also hopes to continue to better serve its customers through its digital bank.

Asia's leading tech company to partner with Nagad

Retrieved on: 
Thursday, March 28, 2024
OCBC, United Overseas Bank, Partnership, The Honourable, News, Acquisition, OCBC Bank, UOB, Cryptocurrency

Recently, Tanvir A. Mishuk, executive chairman and CEO of Nagad Ltd., received a warm invitation from Goh Peng Ooi at his residence in Malaysia.

Key Points: 
  • Recently, Tanvir A. Mishuk, executive chairman and CEO of Nagad Ltd., received a warm invitation from Goh Peng Ooi at his residence in Malaysia.
  • Nagad believes this initiative will not only benefit Nagad but also bring significant changes to the entire banking sector in Bangladesh.
  • Nagad has already introduced some ground-breaking innovations, leading to a transformation in the country's financial industry.
  • Nagad also hopes to continue to better serve its customers through its digital bank.

Sonarverse, a Blockchain Data Infrastructure Provider Secures $7M Led by BlockTower Capital

Retrieved on: 
Thursday, March 7, 2024
Ethereum, Bitcoin, Gnosis, Elis James, Blockchain, Polygon, Intelligence, General partnership, Government, GDPR, United Overseas Bank, API, FBG, Ecosystem, Data analysis, Snowflake, Decentralized finance, Cryptocurrency

IRVINE, Calif., March 7, 2024 /PRNewswire-PRWeb/ -- Sonarverse's Institutional On-Chain Data Platform is Poised to Shape the Future of Blockchains and Digital Assets

Key Points: 
  • Sonarverse provides the essential on-chain data infrastructure to meet this need by consolidating, normalizing, and delivering standardized data spanning all major blockchains and DeFi platforms to customers.
  • Sonarverse will use the financing to further revolutionize how blockchain data is accessed and analyzed, accelerating product development and driving global institutional adoption of the platform.
  • Sources remain fragmented across providers, yielding incomplete data often riddled with quality issues—making access at scale nearly impossible without extensive infrastructure.
  • Sonarverse resolves this pain point with complete, multi-chain data solutions to equip institutions with unified access to integrated, quality blockchain data.

Starwood Capital Group Unveils Strategic Investment in Echelon Data Centres

Retrieved on: 
Thursday, February 15, 2024
Kirkland & Ellis, Deutsche Bank, Starwood Capital Group, Growth, Enterprise value, United Overseas Bank, UOB, Morgan Stanley, Data infrastructure, Allen & Overy, Nomura, CIO, Environment, Cryptocurrency

MIAMI, Feb. 15, 2024 /PRNewswire/ -- Starwood Capital Group ("Starwood Capital" or "the Firm"), a leading global private investment firm focused on real estate, today announced that a controlled affiliate had made a strategic investment in Echelon Data Centres ("Echelon" or "the Company").  

Key Points: 
  • MIAMI, Feb. 15, 2024 /PRNewswire/ -- Starwood Capital Group ("Starwood Capital" or "the Firm"), a leading global private investment firm focused on real estate, today announced that a controlled affiliate had made a strategic investment in Echelon Data Centres ("Echelon" or "the Company").
  • The transaction will see Starwood Capital commit approximately $850 million through Starwood Opportunity Fund XII and Starwood Real Estate Income Trust, Inc, becoming a 50% shareholder in Echelon and providing material capital for its continued growth.
  • Lorcain Egan, Co-Head, Europe, Starwood Capital Group, commented: "Starwood Capital is delighted to announce this investment in Echelon.
  • Niall Molloy, CEO & and Founder of Echelon Data Centres, said: "We are very pleased to enter into this transaction with our long-standing partner, Starwood Capital.

Starwood Capital Group Unveils Strategic Investment in Echelon Data Centres

Retrieved on: 
Thursday, February 15, 2024
Kirkland & Ellis, Deutsche Bank, Starwood Capital Group, Growth, Enterprise value, United Overseas Bank, UOB, Morgan Stanley, Data infrastructure, Allen & Overy, Nomura, CIO, Environment, Cryptocurrency

MIAMI, Feb. 15, 2024 /PRNewswire/ -- Starwood Capital Group ("Starwood Capital" or "the Firm"), a leading global private investment firm focused on real estate, today announced that a controlled affiliate had made a strategic investment in Echelon Data Centres ("Echelon" or "the Company").  

Key Points: 
  • MIAMI, Feb. 15, 2024 /PRNewswire/ -- Starwood Capital Group ("Starwood Capital" or "the Firm"), a leading global private investment firm focused on real estate, today announced that a controlled affiliate had made a strategic investment in Echelon Data Centres ("Echelon" or "the Company").
  • The transaction will see Starwood Capital commit approximately $850 million through Starwood Opportunity Fund XII and Starwood Real Estate Income Trust, Inc, becoming a 50% shareholder in Echelon and providing material capital for its continued growth.
  • Lorcain Egan, Co-Head, Europe, Starwood Capital Group, commented: "Starwood Capital is delighted to announce this investment in Echelon.
  • Niall Molloy, CEO & and Founder of Echelon Data Centres, said: "We are very pleased to enter into this transaction with our long-standing partner, Starwood Capital.

Supra Completes Over $24m in Early Stage Funding to Date

Retrieved on: 
Monday, October 2, 2023
Crypto, Investment, Internet, General partnership, Blast Off, Republic Advisory Committee, Venture, Countdown, Razer Inc., DKG, SMO, Automation, Huobi, Oracle, Decentralized finance, Research, Organization, Name, United Overseas Bank, Knowledge, Growth, Entrepreneurship, Imagination, Animoca Brands, VRF, Fintech, Sound Venture, The Co Founder, BCW, IBM, L1, Ashton Kutcher, Razer, Doctor of Philosophy, Intelligence, Ecosystem, AWS, Security (finance), Cryptocurrency, Asset management, Web3, Web 2.0

Over $24m in private investment funding has been accepted from strategic partnerships that recognize Supra’s game-changing R&D at the cutting edge of the Web3 stack.

Key Points: 
  • Over $24m in private investment funding has been accepted from strategic partnerships that recognize Supra’s game-changing R&D at the cutting edge of the Web3 stack.
  • Furthermore, Supra has recently announced a major gamified learn-to-earn airdrop opportunity for community members to further distribute $SUPRA to a wide range of stakeholders.
  • Users can check out their Countdown to Blast Off campaign to join other Supra cadets and learn more.
  • Joshua Tobkin , CEO and Co-Founder of Supra, said he’s excited to bring Supra to market and give DeFi developers and end consumer a provably fair, high-performance oracle service.

Supra Completes Over $24m in Early Stage Funding to Dat

Retrieved on: 
Thursday, September 28, 2023
Crypto, Investment, Internet, General partnership, Blast Off, Republic Advisory Committee, Countdown, Razer Inc., DKG, SMO, Automation, Huobi, Oracle, Decentralized finance, Research, Organization, Name, United Overseas Bank, Knowledge, Growth, Entrepreneurship, Imagination, Animoca Brands, VRF, Fintech, Sound Venture, The Co Founder, BCW, IBM, L1, Ashton Kutcher, Razer, Doctor of Philosophy, Intelligence, Ecosystem, AWS, Security (finance), Cryptocurrency, Asset management, Web3, Web 2.0

Over $24m in private investment funding has been accepted from strategic partnerships that recognize Supra’s game-changing R&D at the cutting edge of the Web3 stack.

Key Points: 
  • Over $24m in private investment funding has been accepted from strategic partnerships that recognize Supra’s game-changing R&D at the cutting edge of the Web3 stack.
  • Furthermore, Supra has recently announced a major gamified learn-to-earn airdrop opportunity for community members to further distribute $SUPRA to a wide range of stakeholders.
  • Users can check out their Countdown to Blast Off campaign to join other Supra cadets and learn more.
  • Through their gamified learn-to-earn program, Supra is projected to have over 500,000 KYC’d token holders during their Token Generation Event, which is set to occur in early 2024.

ACAMS APAC Conference Offers Plan to Fight Evolving Financial-Crime Threats in Asia

Retrieved on: 
Thursday, April 6, 2023
Singapore Police Force, AFC, JPMorgan Chase, Maybank, RCBC, Commercial Affairs Department, Wells Fargo, Goldman Sachs, BNP Paribas, Rizal Commercial Banking Corporation, AML, Industrial and Administrative Group, Christmas Island, ACAMS, United Overseas Bank, Standard Chartered, DBS Bank, Citibank, MUFG Bank, Anti-Money Laundering Council (Philippines), Asia/Pacific Group on Money Laundering, Conference, Corruption, APG, Automation, Cryptocurrency

WASHINGTON, DC, April 05, 2023 (GLOBE NEWSWIRE) -- To support regional efforts to prevent illicit finance throughout Asia, ACAMS will host a special two-day training and networking event for its 14th Annual AML & Anti-Financial Crime Conference – APAC.

Key Points: 
  • WASHINGTON, DC, April 05, 2023 (GLOBE NEWSWIRE) -- To support regional efforts to prevent illicit finance throughout Asia, ACAMS will host a special two-day training and networking event for its 14th Annual AML & Anti-Financial Crime Conference – APAC.
  • In addition to networking with their peers, attendees will have the opportunity to pose compliance questions to representatives of the Asia/Pacific Group on Money Laundering (APG), Singapore Police Force, U.S.
  • “Anti-financial crime professionals throughout Asia are grappling with growing regulatory requirements and emerging illicit-finance threats that continue to reshape how AFC compliance is conducted,” said ACAMS CEO Scott Liles.
  • Members of the media in Singapore who wish to attend the conference in person, can register by sending an email request to [email protected] with their full name and the organization they represent.

ShareInvestor's 15th INVESTFair Goes Physical Again and Attracts Strong Response from Investors, Sponsors and Exhibitors

Retrieved on: 
Wednesday, August 17, 2022
Suntec Singapore Convention and Exhibition Centre, CEO, City Index Group, Technology, United Overseas Bank, Group, Environment, Convention center, SI, Social media, FTSE Russell, Borderless, Financial adviser, Security (finance), Tutoring

The Group's 15th edition of INVESTFair is a large-scale onsite event that will be held on Saturday 27th August 2022 from 9am to 6pm, at Suntec Singapore Convention and Exhibition Centre, Hall 404.

Key Points: 
  • The Group's 15th edition of INVESTFair is a large-scale onsite event that will be held on Saturday 27th August 2022 from 9am to 6pm, at Suntec Singapore Convention and Exhibition Centre, Hall 404.
  • The event is expected to draw a sizeable crowd of retail and mass affluent investors.
  • Entrance is free of charge, and visitors can register at https://investfair.com.sg/register.html
    Mr Christopher Lee, CEO, ShareInvestor Group said "INVESTFair has been an annual event that investors have looked forward to since 2007.
  • Many investors look to follow experts' ideas and strategies to create a sustainable, lasting wealth portfolio in a complex investing environment."