Editor's Pick
Uncovering Why APAC Digital Banks Aren’t Making Money
In response to the evolving demands of customers and the need to address the limitations of traditional retail banking, there
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Latest Stories
Fintech Basics: What is Embedded Finance?
In today’s rapidly evolving digital landscape, the way we interact with financial services is undergoing a profound transformation. Traditional banking
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Revolut Launches Instant Card Transfers to Over 80 Countries
Revolut, a global neobank with 30 million customers worldwide, has launched instant card transfers that allows customers to securely send
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Klook Ties up With Zurich Singapore to Add Telehealth Services to Travel Insurance
Travel platform Klook has tied up with Zurich Singapore to introduce TravelJoy, a revamped travel insurance offering that includes all-encompassing
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MAS: Risk of Artificial Intelligence “Herding” Traders Still Low in Singapore
The risk of “herding” in trading platforms due to the use of AI models is still low as financial institutions
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Global Fintech Funding Falls to Six-Year Low
Global fintech funding hit its lowest level since 2017, totaling US$7.8 billion in Q2 2023 through 845 rounds, new data
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B2B Transactions Represent a US$ 22 Trillion Opportunity for Cross Border Payments
Remittance transfer providers have embraced digitalization to help alleviate many of the pain-points of the industry and enhance the convenience,
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Are Super Apps the Path to Success for Indonesia’s E-Wallets?
In recent years, Asia has seen an explosion in the usage of e-wallets, particularly in Indonesia, where transaction values of 33.4 percent
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MAS Greenlights Finmo for Full Payment License
Payments company Finmo has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS) just 4
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Temasek Pulls Back on 2023 Fintech Investment Amid Challenging Global Outlook
Since its foundation in 1974 Temasek Holdings, the global investment firm based in Singapore, has demonstrated a formidable capacity for
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New Startup Map Showcases Thailand’s Growing Fintech Startup Ecosystem
Despite being somewhat of a laggard compared with the likes of Indonesia and Singapore, Thailand’s fintech industry is developing well
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10X Banking Set to Expand Footprint in APAC Region
Cloud-native core banking platform 10x Banking announced its APAC expansion plans fueled by its study revealing that a third of
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How to Embrace the Connected Payments Era: A Guide for Businesses by Nuvei
The year 2023 marks the arrival of the connected payments era. This period is characterised by the emergence of innovative
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SCB and Thai Central Bank Pilots Retail CBDC App
Siam Commercial Bank (SCB) and the Bank of Thailand (BOT) have developed an app as part of a retail Central
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Validus Names Vineet Agarwal as New Singapore CEO
Southeast Asian SME financing platform Validus announced that it had named Vineet Agarwal as CEO of Validus Capital in Singapore,
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Singapore Aims to Phase Out Corporate Cheques by End of 2025
All corporate cheques will be phased out in Singapore by the end of 2025 amid the steady decline in use
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Spenmo’s CEO Justin Choi Resigns After One Month for ‘Personal Reasons’
Justin Choi has resigned as the CEO of Spenmo, a Singapore-based payables management software platform, just one month after he
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Turning to the Power of Generative AI to Scale Wealth Management
Generative AI, the capacity of computers to craft content in ‘unstructured’ forms such as text or images, is a marked
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ASEAN’s Fintech Sector Attracts US$5.7Billion; Singapore Leads
Fintech innovation has driven economic growth, revolutionising financial services and bringing new solutions to meet evolving needs. Amid global uncertainties
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Surer and DirectAsia to Simplify Car Insurance Policy Customisation
Local insurtech Surer announced that it has formed a partnership with Singapore-based motor and travel insurance provider DirectAsia. The partnership
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Peak XV Partners Promotes Rohit Agarwal as New Managing Director
Singapore-based venture capital firm Peak XV Partners has promoted former principle investor Rohit Agarwal as its Managing Director to focus
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Fitch: DBS, OCBC, UOB to See Minimal Impact from Digital Banks’ Deposit Cap Raise
Singapore’s digital banks have recently raised their deposit caps, but this move is not expected to significantly impact the profitability
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OCBC Names Mike Ng as Sustainability Chief in Newly Created Role
OCBC has appointed Mike Ng for its newly created Group Chief Sustainability Officer (CSO) role, effective 1 August 2023 onwards.
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Aspire Launches Full Integration With PayNow for Businesses
All-in-one finance platform Aspire announced that it has enabled bi-directional payments with PayNow, Singapore’s real-time payment system. Users can make
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Vietnam’s OCB to Fully Digitise Customer Journeys with Backbase and SmartOSC
Vietnam’s Orient Commercial Joint Stock Bank (OCB) has selected digital banking software provider Backbase to power its omnichannel banking modernisation
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Senior Banking Leaders Set to Gather at MoneyLIVE Asia This September
MoneyLIVE Asia will be held at the Marina Bay Sands, Singapore this 12-13 September 2023 to unite some of the
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Vietnam’s Earned Wage Access Firm GIMO Raises US$17.1M to Fuel Expansion
Vietnam-based earned wage access startup GIMO announced that it has closed its US$17.1 million Series A funding round five months
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Fintech Layoffs Rock Asia in 2023: Who’s Next?
The fintech industry in Asia has been experiencing a wave of layoffs in 2023 as several companies grapple with economic
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Identity Verification Firm Sumsub to Establish APAC HQ in Singapore
Identity verification platform Sumsub announced its plans to make Singapore its APAC headquarters with the aim to forge vital partnerships
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Digital Identity is Key to Understanding (and Overcoming) Fraud Attacks
In 2022, digital fraud experienced a significant increase compared to 2021, with the global attack rate escalating by 20% year-on-year.
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The Economist: 5 Megatrends That Will Shape Banking in The Next Decade
The future of banking will be shaped by several forces and megatrends, including the accelerating digital revolution, new consumer expectations
Read MoreRecent Virtual Banking News
Here Are The Contenders to Singapore’s Digital Banking Race
Singapore’s digital banking license was perhaps one of the most widely discussed topic in 2019 within fintech circles and we
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Popular News
The 10 Best Fintech Books To Have In Your Library
Top 10 Fintech Books While blogs and news portals will keep you up-to-date in terms of companies and corporate news,
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Forward-Thinking Applications of Blockchain
Blockchain technology rose to the forefront in 2017 as the cryptocurrency bitcoin experienced a massive price boom. Suddenly bitcoin was
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27 Most Valued World Fintech Unicorns, 8 From China
Business Insider Singapore, CBInsights, Funderbeam, and Crunchbase together have created the world’s fintech unicorns – fintech start-ups valued at over $1 billion.
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Here Are The Contenders to Singapore’s Digital Banking Race
Singapore’s digital banking license was perhaps one of the most widely discussed topic in 2019 within fintech circles and we
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MAS: 100 FinTech Problems to Solve for Singapore
Solve this problem on the Singapore Hackcelerator and apply until August 15th here! 7 problem statements on KYC / Identity
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The Philippines Fintech Report 2018
Note: We’ve update this report, the 2020 edition of the Fintech Report can be found here With a population
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Top 10 Blockchain Social Media Alternatives to Watch Out For
While blockchain was once known merely as the building blocks used to make bitcoin, it’s now being hailed as a
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The Swiss Payment Software Company Netcetera Expands to Singapore
“Expanding our Horizon” – under this motto Netcetera expands to Singapore in 2020. The Swiss software company and expert for
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Fintech Indonesia Report 2018 – The State of Play for Fintech Indonesia
Indonesia, the largest economy in South East Asia, with an estimated population of over 260 million people, the majority of
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Landscape of Blockchain Companies in Financial Services
In November 2008, a paper was posted on the Internet under the name Satoshi Nakamoto titled ‘bitcoin: A Peer-to-Peer Electronic
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Singapore’s 30 Hottest Fintech Startups To Watch
Singapore’s vibrant startup ecosystem, supportive government, stable financial system and business-friendly tax regime, have helped turn the city-state into an
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17 E-Wallets in The Philippines You Should Know
“A way to carry your money inside your cellphone”. This is perhaps the simplest meaning of an e-wallet as defined
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10 Fintechs Stand a Chance to Present Their Solutions to Singapore’s Investment Industry
A Singapore industry group representing the city’s asset management firms, IMAS, has launched an accelerator programme which could position 10
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Philippine Banks ATM Fees Compared
Bank of the Philippine Islands (BPI), Banco de Oro (BDO), Rizal Commercial Banking Corporation (RCBC), Metrobank and the Philippine National
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Which is the Top E-Wallet in Singapore?
iPrice Group collaborated with App Annie Intelligence to track top e-wallet in Singapore.The study pictures the developments of e-wallets or
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Singapore’s Investment Management Association Announces a New Chairperson
The Investment Management Association of Singapore (IMAS) today announced that it has appointed Susan Soh, CEO Singapore, Schroders, as its
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Singapore Fintech Report 2021: Blockchain Dominates Singapore’s Fintech Scene
Singapore’s fintech industry continued its momentum in 2020 on the back of new regulations, fintech initiatives from regulators themselves and
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First Bank in SouthEast Asia To Use Blockchain Technology For Payment Services
OCBC Bank has become the first bank in Southeast Asia to use blockchain technology in its local and cross-border payment
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The Hottest Fintech Companies in Singapore in 2017
Singapore has had quite an amazing year with regard to fintech. The city-state organized the world’s largest fintech event, a
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APAC Regulators Accelerate Fintech Regulatory Efforts Amid Rapid Digitalisation
In Asia Pacific (APAC), regulators have been redrawing the regulatory perimeter to take account of new products and services emerging
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Capital Markets Platform iSTOX Secures Funding Of USD 5 Million
Next-generation capital markets platform iSTOX has secured a USD 5 million investment from Hanwha Asset Management, South Korea’s leading comprehensive asset management company. The Korean
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The First Real Estate Crowdfunding Platform for the Philippines
Signet Properties officially launches Flint, the first, tech-enabled real estate crowdfunding platform in the Philippines. Co-presented by SeedIn Technology and
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Top 10 Fintech Startups and Companies in Thailand to Keep an Eye On in 2019
It would surprise many outside of the kingdom to discover that Thailand is actually a hotbed for fintech today. Without drawing
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RCBC’s Diskartech Tops Google Play’s Free Finance Apps, Surpassing Gcash and PayMaya
DiskarTech, Rizal Commercial Banking Corporation’s (RCBC) virtual bank has claimed the top spot among free finance apps in Google Play
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Cambodia Fintech Startup Report, Fintech Startup Map and Infographic
With some 25+ startups, Cambodia’s fintech startup landscape remains modest but is nevertheless growing steadily, according to a new report.
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Asia’s Top 7 Peer-to-Peer Lending Platforms
Peer-to-peer (P2P) lending is the loan of money to individuals or businesses through online services that match lenders directly with
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Philippines Approves 3 More Crypto Exchanges Amid Soaring Bitcoin Prices
Bangko Sentral ng Pilipinas has green-lit another 3 cryptocurrency exchanges to operate in the Philippines. The new licensed firms include
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Indonesia Fintech Report and Map 2020
Indonesia has the world’s 16th largest economy and is the world’s fourth most populous country with 274 million people, out
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Robo-Advisory Services in Asia
Automated advisory platforms, also known as robo-advisors, have already caused a stir in the US and the UK, and are
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Overview of Vietnam’s Major E-Wallet and Mobile Payment Players
In Vietnam, digital and mobile payment is undeniably the most developed and crowded fintech segment. According to the State Bank
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