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The Biggest Tech Trends in Asia’s Insurance Sector

In 2024, the insurance industry faces challenges caused by the rise in property and auto rates due to inflation, geopolitical

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How Wealthtech is Changing the Game in Singapore’s Financial Planning Landscape

Singapore is renowned for its thriving economy and high standard of living, but how financially resilient are its citizens? The

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The Best Banks in Asia 2024, Ranked by Forbes

Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations

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Coinbase Leads Coalition of Tech Giants Against Financial Scams

Crypto exchange Coinbase has launched the Tech Against Scams coalition, teaming up with industry leaders like Match Group (the parent

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How AI is Shaping the Future of Client Relations in Finance

Artificial Intelligence (AI) is revolutionising the financial sector, transforming how institutions operate and cater to their clientele. As AI becomes

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Mastercard Deploys Generative AI to Enhance Compromised Card Detection

Mastercard has announced the implementation of generative AI technology to significantly accelerate the detection of compromised cards, enhancing protection for

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Top 4 APAC Firms Leading The in The War Against Financial Crime

Over the past years, financial crime tech has risen to prominence, driven by increasing complexity and frequency of financial crimes,

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Anti-Scam Centre and DBS Bank Recover Over S$170,000 in Tech Support Scam

Singapore’s Anti-Scam Centre (ASC) and DBS Bank have successfully recovered more than S$170,000 lost in a technical support scam. The victim, a

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KASIKORNBANK Adds Google Pay Support for Its Visa Credit Cards

Thailand’s KASIKORNBANK (KBank) has announced the launch of its new Tap-and-Pay service through Google Pay, allowing customers to make payments

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Swift Streamlines Cross-Border Payments for Corporate Clients with ISO 20022

Swift has announced a major upgrade aimed at improving the cross-border payment experience for corporate customers. The financial messaging network

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Alchemy Pay Gears up to Launch Web 3.0 Digital Bank for Businesses

Alchemy Pay, a provider of fiat-crypto payment solutions, is preparing to launch its Web 3.0 digital bank. This new initiative

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More Than a Quarter of Asian Financial Institutions Are Investing in Digital Assets

As the financial landscape undergoes a digital revolution, institutional investors are increasingly turning their attention to digital assets such as

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Singapore and China Central Banks Bolster Green Finance Cooperation

The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) are advancing their cooperation in green and

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Which Bank Has the Top High Yield Savings Accounts in Singapore

Interest rates for savings accounts have become a prominent topic in recent years, driven by changing central bank policies and

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Over 1,800 Insurance Leaders to Gather at InsureTech Connect Asia 2024 in June

The InsureTech Connect Asia (ITC Asia) conference is set to bring together leading figures in the insurance industry at the

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Identity Theft, Real-Time Payment Scams Top Concerns for Singapore Consumers

FICO, a global analytics software firm, has revealed findings from its latest consumer fraud research, highlighting concerns among Singaporeans regarding

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Pine Labs Gets Singapore Court Approval to Shift Domicile to India

Pine Labs, a merchant commerce startup, has received the green light from a Singapore court to merge its local entity

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Visa Unveils Diverse Cohort for 2024 Asia Pacific Accelerator Programme

Payments giant Visa has unveiled the participants of its 2024 Accelerator Programme, featuring a diverse group of startups from around

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10 Upcoming Fintech Webinars to Attend

The COVID-19 pandemic led to restrictions on physical gatherings, prompting businesses to swiftly move their marketing activities to online platforms

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Trust Bank’s 0% FX Fees Result in Over S$18 Million in Customer Savings

Singapore’s digital bank Trust shared that its customers have saved over S$18 million on foreign currency transactions in the past

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Sacombank Reportedly Planning 33% Stake Sale to Raise Up to US$880 Million

Vietnamese lender Sacombank plans to sell a 33% stake by the end of the year, aiming to raise between US$840

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Mastercard and Salesforce Collaborate to Improve Transaction Dispute Handling

Mastercard and Salesforce have announced a new integration aimed at enhancing the transaction dispute process. This collaboration seeks to provide

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Banking Data Monetization: Customer Demands, New Rules, and Revenue Prospects

Data monetization in the banking sector has become increasingly prevalent in recent years, driven by evolving customer expectations, new data

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Osome to Focus on Automation and AI with New US$17 Million Funding

Osome, a finance administration platform for small and medium enterprises (SMEs), has announced the completion of its Series B funding

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Open Banking Progresses in Southeast Asia

The open banking landscape in Southeast Asia is witnessing significant advancements and initiatives. Financial institutions are increasingly acknowledging the benefits

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5 Cutting-Edge Insurtech Solutions from Singapore to Know About

The insurtech market in Singapore has been attracting increasing investment in recent years as investors recognise the industry’s potential to

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PVcomBank Launches New Mobile App with Temenos and AWS

Banking software company Temenos has announced that Vietnam Public Commercial Joint Stock Bank (PVcomBank) has launched PVConnect using Temenos Digital

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Alipay+ Deepens Tourism Partnership With Thailand to Launch New Digital Features

The Tourism Authority of Thailand (TAT) and Alipay+, a cross-border mobile payment and digitalisation platform by Ant International, have expanded

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Singapore’s Golden Gate Ventures Closes US$100 Million MENA Fund

Golden Gate Ventures, a Singapore-based venture capital firm, has successfully closed the first US$100 million MENA fund. It is said

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Southeast Asia Shows Strong Interest in “Degen” Crypto Tokens

The Philippines has been uncovered to be the leading country in Southeast Asia showcasing overall interest in degen crypto and

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Latest Industry Reports

The Rise of the Gaming Industry: A Segment That Fintech Cannot Ignore

Gaming has emerged as a dominant force in the bustling landscape of global entertainment, transforming from a niche hobby into

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13 Asia Pacific Firms Make Top 100 Cross-Border Payment Companies List for 2024

FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the

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Here Are 2024’s Top VC Funding Rounds So Far

In Q1 2024, fintech venture capital (VC) funding experienced a notable decline, dropping by 16% compared to the previous quarter,

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From Compliance to Competitive Edge: The Open Finance Revolution in Asia

Asia’s financial sector is undergoing an evolution that promises to reshape the foundations of banking. At the heart of this

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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,

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Airwallex 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

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Over 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

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More 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

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Project 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

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Are 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

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Singapore 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.

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Top 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

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BNPL 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

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Crypto 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

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Singapore 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

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