Newsroom

Banking’s Digital Imperative – Navigating Declining Return On Equity and the Path to Profitable Transformation

Explore the various strategies to tackle declining banking ROE, with modernisation pathways such as dual-mode evolution.

Understanding Cards-as-a-Service and the Power of Strategic Partnerships

Discover how Cards-as-a-service (CaaS) can help you launch and scale your card offerings efficiently and securely.

Bridging Horizons – Navigate BaaS adoption, risks and governance for banks and financial institutions

Discover actionable strategies to navigate the internal and external risks of BaaS.

Harmonising Progress: How audax’s tech bridges the future with legacy banking infrastructure

Learn how our tech stack at audax allows banks to adopt a dual-mode evolution.

The future of payments in Singapore: From outages to innovation with BaaS

The BaaS model will enhance the payments landscape by reducing technical debt, boosting agility, and scaling without compromising legacy systems.

Obsolete to Absolute, with Banking-as-a-Service

Discover Banking-as-a-Service (BaaS): From obsolete practices to absolute potential in tomorrow’s financial landscape.

Embedded Finance: The Reality Check for Banks

The era of digital banking transformation for traditional banks is dawning, and it heralds the age of Embedded Finance.

audax and AWS Appointed to Drive Maybank Islamic’s Digital Transformation

With its comprehensive digital banking platform, audax is set to transform Maybank Islamic’s offerings, delivering modern, customer-centric digital banking solutions built on AWS’s secure cloud infrastructure across priority markets.

audax and Tuum Partner to Accelerate Digital Transformation for Financial Institutions

Combining audax’s proven ability to deliver digital banking solutions in as fast as six months with Tuum’s modular, API-first, and microservices-driven architecture to empower financial institutions to modernise at their own pace.

Transforming Banking: The Power Partnership of Jeel and audax

Enabling migration from legacy systems and flexible business models including BaaS, digital banks, super apps, and open banking solutions.

audax & Synpulse Establish Strategic Partnership

This partnership delivers tailored, customer-centric solutions for incumbent banks & financial institutions to modernise infrastructure.

audax & Paymentology Forge Strategic Partnership

This strategic partnership aims to provide an end to end Cards-as-a-Service solution.

audax & Thought Machine Announce Strategic Partnership

Learn how this partnership delivers innovative digital banking and BaaS solutions.

SC Ventures launches audax Financial Technology to help financial institutions accelerate digital banking capabilities

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, launches audax Financial Technology (“audax”), a digital banking technology solutions provider.

Bukalapak and Standard Chartered launch BukaTabungan

We launched BukaTabungan, a digital banking service that provides access to financial products and services for Bukalapak’s ecosystem.

Standard Chartered partners beauty e-commerce platform, Sociolla

Our partnership with tech and beauty platform Sociolla will focus on empowering 30 million female millenials across Indonesia with financial literacy and improved financial access.

DealStreetAsia: Indonesia’s digital banks chart new course with eye on profitable growth

Indonesia’s digital banking landscape has undergone a huge change since the launch of the country’s first tech-based bank in 2016. But eight years on, the key question is whether the industry has the ability to build a sustainable business model that can, in time, generate consistent profits.

e27: A new blueprint for modernising Southeast Asian banking for the digital future

With their established networks and trust, banks are uniquely positioned to bridge Southeast Asia’s digital divide — but only if they can modernise their technology infrastructure efficiently.

Pitchbook: Q4 2024 Exploring APAC’s Fintech Pathways: Part IV: Greater China

The BaaS landscape is taking unique shapes across the globe, with Asia leading the way in creating streamlined, scalable solutions that empower both banks and platform companies. Our CEO recently spoke with PitchBook about the distinct BaaS models emerging in the US, Europe, and Asia—and why he believes the Asian model stands out.

EuroMoney: BaaS models buffeted by industry headwinds

“Some BaaS providers expanded too quickly, and now financial institutions are seeking partners whose solutions balance innovation and control,” says Karthik Sethuraman, our CDRO, emphasising the need for sustainable growth models in the sector.

Forbes: Riding The Tech Wave: How MENA Banks Can Embrace Digital Investment Solutions

Traditional banking institutions, pillars of economic stability for decades, are embarking on a journey of reinvention. With the advent of digital technology, the finance landscape is maturing, compelling these venerable institutions to adapt or risk obsolescence.

IBS Intelligence: How traditional banks are embracing Open Banking in a digitally savvy era

Gloria Mathias of IBS Intelligence speaks with Chief Product & Technology Officer, Mathias Faure, on the adaptation of Open Banking by traditional banks and financial institutions in an era of growing digital maturity.

audax selected as part of Mastercard Start Path 2024 program

Mastercard is introducing nine fintechs to the Start Path Open Banking and Embedded Finance program, supporting them on their scaling journey and shared mission to transform the financial services landscape by powering experiences that enable consumer and small business choice.

S’pore firms rethink workplace policies ahead of new flexi-work guidelines

The recently announced guidelines on flexible work arrangements have prompted Singapore-based companies to rethink their workplace policies. Fernn Lim, Chief Operating Officer of audax, gives her input on this.

Standard Chartered Offers Banking As A Service (BaaS) Through audax

SC Ventures has spun off a digital banking technology solutions provider, audax, which offers a plug-and-play technology stack that enables banks and financial institutions to set up a digital bank or provide Banking as a Service (BaaS).

Standard Chartered goes bullish on BaaS

Standard Chartered is harnessing its regulatory risk experience and cyber security know-how to bet big on banking-as-a-service powered by digital banking platform provider audax, senior figures at the bank say. It comes as new figures from KPMG show global revenue from BaaS is expected to more than triple between 2022 and 2027.

Budget 2024: Start-ups hope for support in digitalisation, upskilling and overseas expansion

To keep abreast of the developments, 2024’s Budget should have initiatives aimed at improving the open banking ecosystem and facilitating digital transformation for traditional banks, Kelvin Tan, CEO of audax said.