Fintech News Singapore
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Are Banks Ready for The Big Shift?
The transformation, or more accurately the evolution, of the banking industry is presently underway on multiple fronts, with the sluggish
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Thailand’s T2P Taps Wise Platform to Offer Global Money Transfers for DeepPocket Users
T2P Co., Ltd., a payment solution provider in Thailand, has announced a new partnership with Wise Platform, which provides infrastructure
Read MoreAirwallex Launches Payment Acceptance Services in the U.S.
Global payments firm Airwallex has introduced its payment acceptance services in the United States, enabling U.S.-based merchants to accept both domestic
Read MoreKASIKORNBANK, J.P. Morgan Set to Reduce Cross-Border Payment Times to Minutes
Thailand’s KASIKORNBANK, in partnership with J.P. Morgan, has introduced Project Carina, a new initiative aimed at accelerating cross-border payments through
Read MoreProsecutors Seek 3-Year Prison Term for Binance Founder; Zhao Pens Apology Letter
U.S. prosecutors have proposed a three-year prison sentence for Changpeng Zhao, the founder and former CEO of crypto exchange Binance,
Read MoreNo Formal Permit Application for Alipay+ to Operate in Indonesia, Says Central Bank
Ant Group, a Chinese financial affiliate of the Alibaba Group, has not yet formally applied for a permit to operate
Read MoreIndonesia and Australia Partner to Improve Crypto Tax Compliance
The Indonesian Directorate General of Taxes (DGT) and the Australian Taxation Office (ATO) have entered into a Memorandum of Understanding
Read MoreIgloo Expands Insurance Access in Vietnam Through New Partnerships
Igloo, a Singapore-based insurtech firm, has announced new partnerships with Zalopay, Lotte Finance, FE Credit, and digital insurer OPES to
Read MoreStandard Chartered Joins Visa B2B Connect for Streamlined Payments
Standard Chartered has announced a new collaboration with Visa through the Visa B2B Connect network to streamline cross-border payments for
Read MoreSGeBIZ and Funding Societies Team Up to Offer BNPL Payment Option for SMEs
Southeast Asia’s SME digital finance platform Funding Societies has partnered with SGeBIZ, a provider of digital procurement, payment, and sourcing
Read MoreTrulioo Reports 90% Business Verification Rate in APAC
Trulioo, an identity verification platform, announced that it has achieved a 90% business verification rate across the APAC region a
Read MoreAtome Financial Reports Profitability in Q1 2024
Atome Financial, a key player in Southeast Asia’s digital financial services, announced that it has achieved profitability in the first
Read MoreFormer Mambu Exec Will Dale to Lead 10x Banking’s APAC Operations
Cloud-native core banking platform 10x Banking has announced the appointment of Will Dale as Regional Vice President for the APAC
Read MoreJean-Pierre Brulard Steps in as Temenos CEO Following Hindenburg Allegations
Banking software company Temenos announced that Jean-Pierre Brulard will become its new CEO starting 1 May 2024. He will be
Read MoreNium, Thredd Deepen Partnership for Virtual Card Solutions in APAC Travel Sector
Nium, a major player in real-time cross-border payments, has announced an expansion of its partnership with Thredd, a global payments
Read MoreFlexible by Design: What Differentiates a Successful Payment Software Platform
In the ever-evolving landscape of payments, it is crucial to choose a payment platform from a vendor that can anticipate
Read MoreStanChart Debuts Open Banking Marketplace for Digital Transformations
Standard Chartered announced today the introduction of its Open Banking Marketplace, a comprehensive platform designed to facilitate easier access to
Read MoreThunes Acquires Tilia to Offer Wider Payment Solutions in the U.S.
Global payments company Thunes has entered into a definitive agreement to acquire Tilia LLC, a U.S.-based payment platform specialised in
Read MoreEpisode Six and DCS Enables Fintechs to Launch Credit Cards in Weeks
Episode Six (E6), a payments and banking infrastructure provider, has teamed up with Singapore-based DCS Card Centre (DCS) has rolled
Read MoreSecuring Mobile Apps Against Malware and Phishing Attacks in Indonesia
Indonesia’s financial technology landscape is experiencing explosive growth, fueled by the rise of mobile payments and digital banking. While this
Read MoreAustralia and Thailand Forge Fintech Partnership at Money20/20 Asia
Fintech Australia and the Thai Fintech Association have formalised their partnership through a memorandum of understanding (MOU) to boost the
Read MoreNium Partners with Artajasa to Enhance Cross-Border Payments in Indonesia
Global payments company Nium has announced a new partnership with Artajasa, a prominent Indonesian payment infrastructure provider. This collaboration, formalised
Read MoreThailand Set to Block Access to Unauthorised Crypto Platforms
Thailand’s Securities and Exchange Commission (SEC), in conjunction with the Ministry of Digital Economy and Society and other relevant agencies,
Read MoreQashier Granted In-Principle Approval for Payments License From MAS
Singapore-based fintech startup Qashier has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution
Read MoreBambu Shuttered Operations in Dec 2023 After Failing to Achieve Profitability
Singapore-based fintech startup Bambu had shuttered its operations as of 31 December last year, following the decision made jointly by
Read MoreMaybank Singapore Offers Goal-Based Investment From S$200
Maybank Singapore has introduced a new online investment service called Goal-Based Investment (GBI), designed to make investing more accessible. This
Read MoreSinglife and Doctor Anywhere Introduce Health Plan for Gig Workers
Homegrown financial services company Singlife has partnered with Doctor Anywhere, a local tech-driven healthcare firm, to launch a new health
Read MoreSoftServe to Showcase Generative AI Innovations at Money20/20 Asia
SoftServe, a global IT consulting and digital services firm, is set to present its latest generative AI (Gen AI) technologies
Read MoreNium Appoints Alexandra Johnson as Chief Payments Officer
Nium, a real-time cross-border payments platform, has appointed Alexandra Johnson as its first Chief Payments Officer. This strategic addition aims
Read MoreMastercard Launches Mobile App for Adding Virtual Cards to Digital Wallets
Payments giant Mastercard has launched a new mobile app that allows virtual commercial cards to be added directly to digital
Read MoreBrankas Claims to Be First to Secure Open Banking Data License in Indonesia
Southeast Asian open finance platform Brankas has reportedly become the first company in Indonesia to obtain a Payment Service Provider
Read MoreLatest Industry Reports
Meet the 40 Fastest Growing Fintechs in Asia Pacific According to the Financial Times
In the sixth annual compendium of 500 burgeoning companies across the Asia Pacific (APAC) by the Financial Times and Statista,
Read MoreAirwallex Report: Singaporean Shoppers Demand Payment Flexibility, Transparency
While concerns of volatile macroeconomic conditions persist into 2024, there are signs that point to continued growth in global cross-border
Read MoreOver Half of Surveyed Singapore Users Own Cryptocurrency
In recent years, the landscape of cryptocurrency and digital assets has experienced significant shifts, and Singapore, a nation known for
Read MoreMore Than Half the Fintech Industry Seeing Growth from Strong Consumer Demand
The fintech industry, having navigated through the turbulent waters of the COVID-19 pandemic, has demonstrated not only resilience but also
Read MoreProject Savannah, a Blueprint to Simplify ESG Integration for Small Businesses
In an era where sustainability is not just a preference but a necessity, the dialogue around environmental, social, and governance
Read MoreAre APAC Businesses Ready? Assessing Digital Preparedness in Finance
In an era marked by rapid technological evolution, the finance function within businesses stands at the forefront of digital transformation
Read MoreSingapore Made Up 59% of ASEAN Fintech Deals in 2023 Amid Funding Winter
In the recent past, Singapore’s fintech sector has emerged as a beacon of innovation and growth within the ASEAN region.
Read MoreTop 10 Banking Trends in 2024 that Will Define the Sector
In 2024, the banking sector is witnessing a pivotal transformation driven by advanced technologies like AI and cloud computing, evolving
Read MoreBNPL Profitability Remains Elusive Despite Rising Adoption
Buy now, pay later (BNPL) arrangements, a type of short-term financing that allows customers to make purchases and pay for
Read MoreCrypto Hack Volumes Slashed by 50% in 2023, Says TRM Labs
There has been a significant drop in crypto hacks in 2023, with a more than 50% decrease compared to the
Read MoreSingapore Outpaces Australia, US, and UK in Generative AI Trust, FIS Study Shows
A recent study by global payments service provider FIS found that Generative AI in Singapore exhibits higher rates of trust
Read MoreWill Generative AI Fundamentally Reshape Banking?
A technology revolution is underway that stands to transform the banking industry fundamentally. Generative AI, which burst onto the scene
Read MoreBeyond Queries: How ChatGPT in Banking Unleashes Innovation
Financial services companies are increasingly taking advantage of ChatGPT and similar solutions. These technologies allow for the easy integration of
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