| | JULY 20248IN FOCUSMBANQ & IG TECH PARTNER TO REVOLUTIONIZE BANKING IN SOUTHEAST ASIAX3D STUDIO UNVEILS SOUTHEAST ASIA'S BIGGEST VIRTUAL STUDIO IN SINGAPOREMbanq, a leading provider of Banking-as-a-Service (BaaS) and digital banking solutions globally, has teamed up with IG Tech Cambodia, a prominent FinTech and banking technology developer in Southeast Asia. This collaboration has led to the establishment of IG Finlink Cambodia, with Mbanq having a controlling stake in the venture.This partnership signifies Mbanq's entry into the banking technology and BaaS markets within the ASEAN (Association of Southeast Asian Nations) region. Mbanq plans to introduce its extensive BaaS solutions throughout Southeast Asia, beginning in Cambodia and extending into Singapore, Malaysia, Thailand, Indonesia, and Vietnam. Furthermore, Mbanq will deliver digital banking technology to financial institutions across the region, offering tailored digital banking solutions for local, regional, and international banks, as well as embedded finance solutions for brands.Vlad Lounegov, CEO of Mbanq, said, "Mbanq will introduce its BaaS and the latest banking technology to the burgeoning ASEAN markets, where FinTech and digital transformation are advancing rapidly. Since its inception, Mbanq has collaborated closely with IG Tech Cambodia, which has been a reliable and valued technology development partner. We are excited to deepen this partnership to bring the Banking-as-a-Service technology and services to Southeast Asia".Puthkiry Kim, Chairman of IG Tech Cambodia and co-founder of IG Finlink Cambodia, shared, "We are thrilled to formalize a new partnership with Mbanq and embark on the Banking-as-a-Service journey in Southeast Asia. With over 80 percent smartphone adoption in Cambodia, the country and the wider region present immense potential for technologically driven disruption with new digital banking platforms catering to niche markets. Having already partnered with Mbanq for eight years, we are impressed by its global growth and success".The new partnership will focus on four key areas: delivering comprehensive BaaS and Digital Banking Platform Solutions tailored for the Cambodian and ASEAN markets; creating Embedded Banking solutions to enhance revenue streams and customer engagement for Southeast Asian brands; establishing IG Finlink as a global FinTech training hub for Mbanq solutions; and expanding Mbanq's technology development capabilities across Southeast Asia and globally. X3D Studio has recently launched as the largest virtual production studio in Southeast Asia. Situated in a historic former power station spanning 40,000 sq ft, this cutting-edge facility in Singapore marks a notable achievement for the region's media and entertainment sector.After undergoing an S$8 million refurbishment, X3D Studio now boasts state-of-the-art technology and advanced amenities comparable to top studios globally. With its adaptable spaces, the studio caters not only to film productions but also aims to establish itself as the prime choice for hosting both private events and special occasions.In celebration of its opening, X3D Studio will debut two virtual production short films, titled "Trap" and "Dead End," featuring popular local celebrities Qi Yuwu, Oon Shu An, and Andrew Lua. These films will premiere on the studio's website and YouTube channel, highlighting the advanced technologies of the studio and demonstrating the boundless potential of virtual production.X3D Studio is the first virtual production stage globally to be accredited by ARRI Solutions. This prestigious accreditation underscores the studio's commitment to quality and innovation, leveraging ARRI's expertise in image quality, studio design, and reliable workflows. The studio boasts ARRI's state-of-the-art technology, including the ALEXA 35 camera, Signature Prime lenses, SkyPanel X, and more.X3D Studio is committed to nurturing local talent and pushing the boundaries of the virtual production industry in Singapore. In collaboration with Nanyang Polytechnic (NYP), the X3D Academy provides a range of courses in virtual production, spanning introductory programs to advanced ICVFX techniques.In addition to film and television, X3D Studio's virtual production expertise spans into sectors like real estate development and tourism. Using Unreal Engine, they craft immersive virtual environments that enrich diverse production needs, offering unparalleled creative flexibility while lowering expenses and environmental footprint.
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