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The two Singapore-born fintechs will address the opportunity to decarbonise the local data centre industry, currently responsible for around 7% of the city-state’s greenhouse gas emissions.
A new initiative aims to make this ESG reporting processes easier for corporates in Singapore and, in turn, to channel more capital into sustainability projects.
Using AI, the firm has ambitions to transform supply chain management and other core corporate processes through its offer of data-driven sustainability support.
The firm will use the $500 million equity injection to pursue entry into new markets, including South Korea.
The firms have expanded their strategic partnership to help corporates achieve their remote cloud and data transition goals.
The digital infrastructure developer aims to invest $12 billion in Japan’s data hubs.
TikTok’s decision to pull out of Hong Kong throws up serious implications for the future of a free internet in the Hong Kong Special Administrative Region
Hong Kong’s recent rush to buy VPNs signals that businesses are losing faith in the future of the region
The partnership comes amid the bank’s realisation that big data and emerging technologies can be harnessed to assist online merchants in the financing process
One of the leading women in fintech - previously the VP at Ripple - has joined the global lender as global head of its digital offering