Cambodia Association Fintech Technology - CAFT

09/07/2020

Media Coverage of CFA x CAFT

Cambodia Fintech Association has agreed to a merger with the Cambodia Association of Finance & Technology.

09/07/2020

CFA & CAFT Merger Joint Statement

Since the inception of the Cambodia Fintech Association in Aug 2018, we have rallied a community of 80 fintech companies to join us as members and we are proud to be able to bring international exposure (Philippines, Singapore, Taiwan ROC and Thailand) and awareness both into and out of Cambodia.

This also cannot be possible without a forward looking and experimental regulator in the kingdom too.

Throughout these two years, Fintech has garnered interest in the local scene and we began to see more activists within the community.

Today, we like to formally announce that Cambodia Fintech Association (CFA) and Cambodian Association of Fintech and Technology (CAFT) has decided to come together to serve the Fintech community better.

HE Chea Serey said: “Cambodian FinTech scene has many potentials, but needs collective efforts from regulators and industry. I am glad to see the synergy between the two organizations. Together, we can achieve more”.

Mr. Eddie Lee said: “Over the two years, the Fintech companies in Cambodia has stood out both local and internationally. We are also privileged to have brought payments and remittance fintech companies to a global stage at the Singapore Fintech Festival where they strut their innovation to visitors all over the world”.

“Throughout these 2 years, we have also seen passionate individuals who have stepped forward and volunteered and to serve the fintech industry and we believe that the new committee will be able to take this initiative to greater heights”, Jeremiah Lee said.

Full Article: http://cambodiafintech.org/joint-statement/

30/06/2020

Malaysia issues guidelines to streamline e-KYC to allow digital account opening anytime, anywhere.

Bank Negara Malaysia today issued a policy document on Electronic Know-Your-Customer (e-KYC). The policy document aims to accelerate and streamline practices of industry players in their adoption of e-KYC technology, the online process of identifying and verifying individual customers.

25/06/2020

Wirecard files for insolvency after disclosing US$2.1 billion was missing.

Wirecard AG filed for insolvency, following the arrest of its CEO amid a massive accounting scandal that left the German payment-processing firm scrambling to find over $2 billion dollars missing from its balance sheet

06/06/2020

The pandemic has dampen the current investment climate with investors on a wait and see approach. Revenue based financing could potentially be a more widely used method for startups rising cash. It does not dilute the founders' equity and funds based on performance metric.

As venture capital funding dries up, revenue based financing is looking increasingly attractive for many startups. How does it work?

24/03/2020

The worries from Fintech and non-Fintechs companies across ASEAN araising from this Covid-19 saga.

'How long will the crisis last?' and 'How to deal with a prolonged situation that may last more than 12 months?' are the key questions founders ask each other

14/03/2020

[Banking Tech] OCBC bank allows for instant encashment of cash cheques at ATMs.

SINGAPORE (THE BUSINESS TIMES) - OCBC Bank now allows customers to immediately encash their cash cheques at all its next-generation ATMs across 23 branches, for a maximum of $30,000 in a single cheque.. Read more at straitstimes.com.

29/01/2020

This year, the Money20/20 Asia team had a mission: to bring you actionable, Asia-focused intel, practical advice, fresh faces and stories!

Hundreds of executives have already bought their passes. Buy yours now for ONLY $550, saving $2445*! Simply use MP20CMF during “Standard Pass” checkout. This is a limited time offer!
*Discount valid only on Standard Pass

Purchases Passes here: http://bit.ly/MP20CMF

Check out the Agenda: https://asia.money2020.com/agenda-preview

28/01/2020

Singapore introduced new regulations that offers cryptocurrency firms a chance to expand their operations in the country by applying for operating licenses.

Article:

Singapore introduced new payments legislation that offers global cryptocurrency firms a chance to expand their operations in the country by applying for operating licenses for the first time.

23/01/2020

ASIFMA Tech and Ops Conference 2020: Challenges, Opportunities and Solutions.

This flagship annual event in Asia for technology and operations is “designed by the industry for the industry” where the industry (sell-side, buy-side, regulators, law firms, consultants and media) come together once a year to meet and discuss important issues impacting this area.

Cambodia Fintech Association Members are entitled to an exclusive discount on delegate fees:
- Non-transferrable pass: USD300 (originally USD400) with the PROMO CODE: ‘TO2020GOENT’
- Transferrable pass: USD350 (originally USD450) with the PROMO CODE: ‘TO2020GOE’

Early-bird rates are available only until 3 February 2020.
For details and registration: https://www.asifma.org/event/tech-ops2020/
Download the latest program: http://bit.ly/2sRp58X