Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

Zall Smart Commerce Group applying for a Singapore digital banking license

Zall Smart Commerce Group applying for a Singapore digital banking license

Zall Smart Commerce Group announced that it has formed a partnership with the Japanese trading company Marubeni and the Global eTrade Services unit of CrimsonLogic based in Singapore to apply for a digital wholesale banking license in the city-state. This will be the latest to apply for a Singapore digital banking license. The Chinese company will join the partnership of the Japanese trading company Marubeni and Global eTrade Services headquartered in Singapore.

The consortium seeks a wholesale digital banking license in Singapore, and hopes to contribute to the development of the city-state as a global trading financial hub, Zall said in a statement. According to the Monetary Authority of Singapore (MAS) earlier this month, it joins 14 other groups that have applied for the same license alongside another seven that have applied for full-bank digital licenses. The regulator added that they could issue up to five of the licenses by June this year. In addition to their e-commerce business, Zall also has some digital finance experience in mainland China. In 2017, the company acquired a virtual market banking license and has been operating as a Z-Bank since then.


Marketing Partnership: NBA, McDonald’s Will Jointly open NBA Experience Zones India

There is good news for all basketball fans in India. Very soon, NBA themed promotions and experience zones will be launched in India. The announcement...

Dunzo to Raise Funds from Google, others

Dunzo, the app which is trying to make life easier for the people upto some extent plans to raise about Rs. 183 crore from different investors which a...

Sapta Shakti Command Will Be Displaying Defence Technology Equipment at Jaipur Military Station

This event is organised with an aim to provide an opportunity where one and all can experience the developments in the field of defence and security-r...

Samsung is All Set to Roll out Its Galaxy A9 Smartphone On November 20

After Samsung unveiled its new Galaxy A9 smartphone in Singapore last month, the company is all set to launch it in India on November 20. In Singapore...