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GXS Appoints Banking Veteran as Group CEO for Singapore, Malaysia
Grab and Singtel’s GXS Bank has appointed Muthukrishnan Ramaswami as its Group Chief Executive Officer, effective from 7 February. The appointment is subject to regulatory approval. Fondly known as Ramu, the new appointee will be focused on GXS’ ambition to
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Thailand Embraces Digital Banking with Customer Protection in Mind
Thailand has recently approved digital banking but has warned against irresponsible lending. This comes from the growing digital banking trend in Southeast Asia, which has seen an influx of financial technology firms entering the market. The Bank of Thailand (BoT)
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Big Spenders — Singapore’s Most Active Fintech Series A Investors
Singapore has seen an influx of startups and venture capital in recent years. Several factors have contributed to this – from the city’s pro-business environment to its highly educated workforce. Another factor contributing to the success of startups in Singapore
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Insiders Reveal Top ASEAN Payments Predictions in 2023
Heading into 2023, it is a time of uncertainty for financial institutions offering payments. There is strong economic pressure on companies dealing in finance and technology globally, including in the ASEAN region due to a variety of macroeconomic factors. It’s
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Are Singapore Fintech Jobs Recession-Proof?
As the spectre of recession looms large over the region, tech startups have been cutting back on costs and resorting to mass layoffs. Fintech companies in Singapore have been likewise affected, and the prospect of promising jobs in the bustling
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Thailand to Issue 3 Digital Banking Licenses Next Year – All You Need to Know
With the rise of fintech, traditional banks are being disrupted by nimbler, more customer-centric digital banks; it seems that the future of banking lies in the digital world. The traditional brick-and-mortar banking model’s role has been reduced in the digital
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How Gen-Zs Are Redefining Payments
Southeast Asia’s payment ecosystem is undergoing a profound transformation, fueled by rapid adoption of digital payments, modernization initiatives by governments and a burgeoning consumer base of mobile-first young adults with new habits and expectations, a new blog post by payment
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Singapore’s Top 5 Fintech Stories Last Year That Will Impact the Industry in 2023
It is no secret that the fintech industry in Singapore has been flourishing in recent years. This can be attributed to the city-state’s supportive ecosystem, which includes a pro-business government, a highly educated workforce, and a conducive environment for innovation
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Singapore Fintech Sector Moves to Scale-Up Phase
Over the years, Singapore has successfully fostered the development of a striving fintech ecosystem, leveraging its historical financial, technological and regulatory strengths. Today, Singapore is one of the Southeast Asia’s fintech leaders and is home to a vast community of
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Cross Border Payments in Southeast Asia: Decoding The Region’s Rapid Growth
Cross-border payments in Southeast Asia is a dynamic and fast-evolving sector that has been impacted by increased digitalization, rapid adoption of digital wallets, and the rise of so-called super-apps. A new report by FXC Intelligence, a financial data company specializing
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