Connect with us

Technology

GXS Group is the first bank to be named ASEAN’s Best Digital Bank for Consumers by Euromoney

Published

5 hours ago

on

The win adds to a slew of awards that the Group won in July 2026 for its innovations in digital banking 

SINGAPORE, July 21, 2026 /PRNewswire/ — GXS Group has become the first bank to be recognised as ASEAN’s Best Digital Bank for Consumers at the Euromoney Awards for Excellence 2026.

GXS Group was recognised for its achievement of building and launching new digital banks for two markets in just two years. In giving the Group the accolade, Euromoney noted the impact it has made in the areas of financial inclusion and customer experience with GXS Bank in Singapore and GXBank in Malaysia.

In addition to its digital banks in Singapore and Malaysia, GXS Group also has a strategic minority stake in Superbank, a digital bank in Indonesia.

For its innovations in seamlessly integrating banking and financing within the digital touchpoints of its partnership ecosystem, which includes Grab and Singtel, GXS Bank was also awarded Singapore’s Best Digital Bank by Euromoney. More than five million consumers and micro-, small- and medium-sized businesses (MSMEs) in Singapore today use Grab and Singtel for their daily personal and business needs.

With the launch of GXS Bank and GXBank, Grab customers with an account in either digital banks became among the first in Singapore and Malaysia to make banking transactions while on a third-party app. From checking their bank statements to making payments for their rides and food delivery through their GXS Bank and GXBank accounts, these customers enjoy a seamless experience within their Grab app.

GXS Group also created proprietary AI-driven credit assessment models that take into account ecosystem data signals. By layering these models over traditional credit assessment models used by incumbent banks, the Group is able to extend credit to a wider set of customers. This includes platform workers and entrepreneurs who may not be able to qualify for a traditional bank loan as they do not meet their credit requirements, such as a fixed monthly salary. More importantly, ecosystem data enables its digital banks to deliver personalised and relevant support at moments that might matter most to the customer. For example, GXS Bank proactively offers pre-qualified loans to food and beverage businesses within its ecosystem during seasonal periods, when these businesses may need to increase their produce orders or manpower.

As a result of the Group’s embedded financing strategy, more than 80 per cent of its retail and business banking customers come from the Grab and Singtel ecosystem.

GXS Group’s recognitions at the Euromoney Awards for Excellence in 2026 brings its recent wins to eight awards in just the past month, underscoring the Bank Group’s leadership in digital banking.  

At the Asian Banking & Finance Retail Banking Awards held in July 2026, GXS Bank was awarded Digital Business Banking Initiative of the Year and Ecosystem Initiative of the Year for its business banking services. Its subsidiary GXBank was recognised as Virtual Bank of the Year. GXBank received an additional three awards in the areas of AI & Machine Learning, Data Governance, and Internal Governance.

Ms Pei-Si Lai, Group CEO, GXS Bank said, “We are honored by the recognitions from Euromoney and Asian Banking & Finance. These awards are an encouragement to our team and the relentless focus we have to meet our day-one commitment towards our customers. From the start, our mission has been to show that banking can be simple, secure, and deeply rewarding for everyday consumers and small businesses.

We will continue to enhance our retail and business banking suite with delightful, customer-oriented solutions that address their banking pain points. We thank our customers for their confidence in us, and to my colleagues who come in every day ready to own the mission and build with bravery and curiosity.” 

– END –

Annex – List of Awards won by GXS Group in July 2026

1. Euromoney Awards for Excellence 2026

ASEAN’s Best Digital Bank for ConsumersSingapore’s Best Digital Bank

2. Asian Banking & Finance Retail Banking Awards 2026

Digital Business Banking Initiative of the Year – SingaporeEcosystem Initiative of the Year – SingaporeVirtual Bank of the Year – MalaysiaAI & Machine Learning Initiative of the Year – MalaysiaData Governance Initiative of the Year – MalaysiaInternal Governance Initiative of the Year – Malaysia

About GXS Bank 

GXS Bank is a digital bank focused on making banking better for the everyday consumer and businesses.

The Bank aims to improve financial inclusion and to drive financial revolution for its customers through the secure and ethical use of technology and data.

GXS Bank holds a banking licence issued by the Monetary Authority of Singapore. It is owned by a consortium consisting of Grab Holdings Inc. – Southeast Asia’s leading super app, and Singtel – Asia’s leading communications technology group.

As part of a regional network of digital banks, GXS Bank also works closely with GXBank, its digital bank subsidiary in Malaysia and Superbank, a digital bank in Indonesia in whom the Bank has a minority stake.

 

View original content:https://www.prnewswire.com/apac/news-releases/gxs-group-is-the-first-bank-to-be-named-aseans-best-digital-bank-for-consumers-by-euromoney-302830619.html

SOURCE GXS Bank

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Gravity Game Unite (GGU) Successfully Concludes European User Meetup for PC MMORPG ‘Ragnarok Zero: Global’!

Published

14 minutes ago

on

July 21, 2026

By

KUALA LUMPUR, Malaysia, July 21, 2026 /PRNewswire/ — Gravity Game Unite (GGU), the Malaysian subsidiary of global gaming company Gravity, successfully concluded the “Ragnarok Zero: Global European User Meetup” held in Germany.

Gravity Game Unite (GGU) hosted its first offline event for European users in Frankfurt, Germany, on July 18. The event was organized to demonstrate the company’s commitment to directly serving the European market and to build long-term relationships with the local community.

The event was attended by key Gravity Game Unite (GGU) executives, including CEO Yoshinori Kitamura, as well as members of the Ragnarok Zero: Global development team. Local users, influencers, and media representatives were also present, reflecting strong anticipation for the game. Europe was one of the regions where Ragnarok Zero: Global received particularly positive feedback during its OBT. CEO Yoshinori Kitamura’s attendance underscored the importance of the event and Gravity Game Unite (GGU)’s commitment to providing dedicated service to the European community.

The event began with welcoming remarks from the CEO of Gravity Game Unite (GGU), followed by an introduction to the title from the development team, a presentation on the service direction and roadmap for Europe, a developer talk featuring behind-the-scenes insights, a user Q&A session, and networking among users, developers, media representatives, and influencers. Attendees also received exclusive merchandise and enjoyed a variety of activities designed to create lasting memories.

Gravity Game Unite (GGU) stated that it plans to strengthen communication with users through the direct service of Ragnarok Zero: Global. During the event, the development team listened to user feedback and exchanged a wide range of views, while reaffirming its commitment to the game’s post-launch service direction and the growth of its community in Europe.

Harry Choi, President of Gravity Game Unite (GGU), said, “This event marked a significant milestone and laid a strong foundation for Gravity Game Unite (GGU)’s entry into the European market. We are making thorough preparations to repay the tremendous support and enthusiasm users showed during the OBT. We will continue to create opportunities to engage and communicate with our local community.”

Stay Connected

Players can follow the official Ragnarok Zero: Global channels for the latest news and updates.

Join OBT: https://roz.mygnjoy.com/en/event/obt
Pre-Register: https://roz.mygnjoy.com/event/prereservation?media=pr9
Discord: https://discord.gg/bFg77WjcHT
Facebook: https://www.facebook.com/ragnarokzeroglobal/
Instagram: https://www.instagram.com/ragnarokzeroglobal/
YouTube: www.youtube.com/@RagnarokZeroGlobal
TikTok: https://www.tiktok.com/@ragnarokzeroglobal

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/gravity-game-unite-ggu-successfully-concludes-european-user-meetup-for-pc-mmorpg-ragnarok-zero-global-302830963.html

SOURCE Gravity Game Unite SDN. BHD.

Continue Reading

Technology

The 18th Annual Globee® Awards for Innovation Invite Local, Regional, and Global Workplace and Business Achievement Nominations Worldwide

Published

14 minutes ago

on

July 21, 2026

By

Recognizing achievements across innovation, leadership, organizational advancement, products, services, and workplace excellence with worldwide participation

SAN FRANCISCO, July 21, 2026 /PRNewswire/ — The Globee® Awards, organizers of merit-based, data-driven business awards programs with worldwide participation that recognize achievements across industries, announced that entries are currently being accepted for the 18th Annual Globee® Awards for Innovation (Golden Bridge Awards®), inviting organizations, professionals, business owners, teams, and departments worldwide to nominate their local, regional, and global workplace and business achievements for consideration.

Apply now: https://globeeawards.com/innovation/

Originally established as the Golden Bridge Awards®, the program is now in its 18th year and continues its tradition of recognizing achievements across innovation, leadership, business transformation, organizational advancement, products, services, and measurable impact across industries and markets worldwide.

The awards recognize achievements that improve how organizations operate, serve customers, develop products and services, strengthen workplaces, advance technologies, enhance communications, and create measurable value for businesses, communities, and industries.

The program welcomes nominations representing achievements in innovation, operational excellence, customer experience, digital transformation, artificial intelligence, cybersecurity, healthcare, financial services, manufacturing, sustainability, workforce initiatives, brand, communications, creative, and other business and workplace environments.

Organizations of all sizes are invited to participate, including startups, small and medium businesses, large enterprises, public and private companies, government entities, educational institutions, research organizations, and non-profit organizations worldwide.

The Globee® Awards for Innovation recognize achievements across category groups including products and services, company and organization, individual and team, and brand, communication and creative. These recognitions are part of 10 awards programs that collectively reflect achievements across business and technology domains.

Nominations are welcomed for local, regional, and global achievements, recognizing that meaningful innovation and organizational progress can originate at every level and in every workplace.

Entries are evaluated through a merit-based, data-driven process involving participation from experienced professionals across multiple industries worldwide. Evaluations are conducted through a structured, consistent, and transparent framework based on defined scoring criteria.

Entries are open to organizations and professionals worldwide.

About the Globee® Awards

The Globee® Awards are organizers of merit-based, data-driven business awards programs with worldwide participation. Through 10 awards programs, the Globee® Awards recognize achievements across multiple industries and sectors. The programs use a structured evaluation approach involving participation from professionals across various industries.

Follow: @globeeawards

Hashtags: #GlobeeAwards #InnovationAwards #GoldenBridgeAwards #WorkplaceAchievements #BusinessAchievements #Innovation #Leadership #BusinessTransformation #GlobalRecognition #OrganizationalImpact

All trademarks belong to their respective owners.

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-18th-annual-globee-awards-for-innovation-invite-local-regional-and-global-workplace-and-business-achievement-nominations-worldwide-302830509.html

SOURCE Globee Awards

Continue Reading

Technology

Finatical Software: The Next Decade of Finance Will Be Built on a Structured Financial Data Layer

Published

14 minutes ago

on

July 21, 2026

By

As AI transforms finance, trusted and structured financial data—not better prompts—will determine which organizations realize its full value.

DURHAM, N.C., July 21, 2026 /PRNewswire/ — Finatical Software, creator of Flash Reports for QuickBooks Online, today announced its vision for what it believes will become the next essential layer of the modern finance technology stack: the Structured Financial Data Layer.

For decades, finance technology has evolved in response to changing business needs.

1995–2015

Finance needed better reporting.

2015–2025

Finance needed real-time reporting, dashboards, and automated KPIs.

2025–2035

Finance needs trusted data for AI-powered decisions.

While organizations are investing heavily in artificial intelligence, many finance teams are discovering that AI is only as effective as the financial data and business logic it receives. Without a single source of truth built on reconciled, complete, and accurate financial information, AI can produce inconsistent analyses, conflicting recommendations, and outputs that are difficult to validate or trust.

“Much of the conversation around AI has focused on choosing the right model or writing better prompts,” said Shaun Pendrigh, Chief Technical Officer of Finatical Software. “We believe the real competitive advantage will come from building trusted, structured financial workflows that AI can consistently understand. Before finance teams can trust AI’s recommendations, they first need confidence in the data, calculations, and business logic behind them.”

Finatical believes finance organizations need more than access to AI—they need a governed foundation that organizes financial information into consistent, reusable, and auditable structures before AI enters the workflow.

That foundation is what Finatical describes as the Structured Financial Data Layer.

Unlike disconnected spreadsheets or opaque AI workflows, the Structured Financial Data Layer creates a trusted financial foundation where data, calculations, reporting logic, and business rules are transparent, reusable, and reviewable. Finance professionals can trace recommendations back to their source, understand how conclusions were reached, and maintain confidence in the decisions supported by AI.

Rather than replacing finance professionals, the Structured Financial Data Layer enables them to work more effectively with AI by combining trusted financial data with human judgment. AI can accelerate analysis, identify patterns, and generate recommendations, while finance professionals retain the ability to review assumptions, validate results, and understand the reasoning behind important business decisions.

“Finance professionals should remain in control of financial judgment,” Pendrigh added. “AI should amplify that expertise—not replace it. But that only happens when AI operates within a trusted financial workflow where both the data and the underlying logic can be reviewed.”

Finatical’s Flash Reports platform is designed around this philosophy by connecting live QuickBooks Online data with Microsoft Excel to create governed, refreshable financial models that become a trusted source of truth for reporting, forecasting, analysis, and AI-assisted decision support. By preserving financial logic within structured Excel workflows, finance teams gain the flexibility of Excel while maintaining the governance and transparency required for trustworthy AI.

“Finance has always required trust,” Pendrigh said. “AI doesn’t change that—it raises the standard. Organizations won’t gain a competitive advantage simply by adopting AI. They’ll gain it by building financial data foundations that make AI trustworthy, explainable, and repeatable.”

“Reporting was the last generation of finance technology,” Pendrigh concluded. “Decision support will define the next. The organizations that build a trusted Structured Financial Data Layer today will be best positioned to unlock the full potential of AI tomorrow.”

About Finatical Software

Finatical Software helps finance professionals transform live QuickBooks Online data into structured, trusted financial information and workflows for reporting, analysis, and AI-assisted decision support. Its flagship solution, Flash Reports, connects Microsoft Excel directly to QuickBooks Online, enabling finance teams to build refreshable, governed financial models while preserving the flexibility of Excel. Finatical’s vision is to become the trusted Structured Financial Data Layer for finance professionals working in Excel with QuickBooks Online.

Media Contact:

melissa.neal@finaticalsoftware.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/finatical-software-the-next-decade-of-finance-will-be-built-on-a-structured-financial-data-layer-302830512.html

SOURCE Finatical Software

Continue Reading

Trending