How MyInfo Revolutionized Verification Process in Singapore

MyInfo made verification process easier than ever for the citizens of Singapore and thanks to BASIS ID every FinTech can now integrate this service into its platform. Know Your Customer or simply KYC remains one of the biggest pains for

Masan Group’s Subsidiary Invests US$105 Million in Singapore’s Trust IQ

Vietnamese conglomerate Masan Group’s subsidiary the Sherpa Company has received the green light to invest US$105 million in Singapore’s tech company Trust IQ, the holding company of Trusting Social. The announcement of Masan’s investment was made in April 2022. Sherpa will

CrediLinq.Ai Raises Seed Extension Round to Fuel Growth

MSIG Singapore to Deploy Fermion’s AI Tool to Combat Motor Insurance Fraud

Brunei’s Baiduri Bank Taps finbots.ai for AI-Powered Credit Scoring

AIA’s Amplify Health Acquires AI Startup AiDA Technologies

Cover Genius Acquires Embedded Warranty Provider Clyde

Cover Genius, an Australian insurtech for embedded protection, announced that it has acquired US-based embedded warranty provider, Clyde Technologies. Details of the transaction was not disclosed. The insurtech said that the assets acquired will assist its continued expansion into the

Payments Firm Nuvei Launches in Australia to Strengthen Global Footprint

Australian Central Bank Set to Launch CBDC Live Pilot in a Few Months

ShopBack Extends Series F With US$30 Million From Westpac

Australia vs New Zealand Payment Tech & What’s New in 2023

Meet the 36 SFF Global Fintech Awards Winners

36 companies and individuals have been selected as winners of the SFF Global Fintech Awards 2022 under the theme “Embracing Digital, Charting the New Normal”. The winners, which were announced during the Singapore Fintech Festival’s Fintech Awards Dinner, were selected

WeavInsight, FQX and Norbloc Win the MAS Global Fintech Hackcelerator 2022

Meet the 65 Finalists at the SFF Global Fintech Awards 2022

Meet the 17 Finalists for This Year’s Global Fintech Hackcelerator

SGX and HSBC’s DLT Project Bags Financial Services Award by SwissCham

Can Fintech in Bangladesh Catch Up with its South Asian Neighbours?

In recent years, Bangladesh has seen rapid growth in its fintech sector, fueled by the widespread adoption of mobile technology. This has enabled financial services to reach millions of previously unbanked citizens, leading to a remarkable rise in financial inclusion

Bangladesh Smartphone Market Continues Double-Digit Growth in 2017

Hashkloud Australia’s Blockchain Integrated Real-Time Paysha Digital Payments Platform Goes LIVE In Bangladesh As Upay

Fintech in Bangladesh: Nascent but Growing

InterSystems Survey Highlights Data and Tech Obstacles for Financial Services in Asia Pacific

Financial services firms across the Asia Pacific are facing an ever-increasing array of data and technology challenges stemming from both the growth in the volume of customer and business data being generated and the proliferation of data siloes across different

Turning Digital Disruption Into a Competitive Advantage at SMU

American Express Sets up New Innovation Center in Singapore

Provenir Names as Colin Kum as Its APAC Sales Director

Data Enrichment Key to Enhancing Accuracy of AI Models in Fintech

Swift Completes Sandbox Testing of API-Based CBDC Project

Swift said that 18 central and commercial banks found “clear potential and value” in its API-based Central Bank Digital Currency (CBDC) connector. Following a 12-week period of collaborative sandbox testing, almost 5,000 transactions were simulated between two different blockchain networks

What Fintechs Should Know About Central Bank Digital Currencies

Australian Central Bank Set to Launch CBDC Live Pilot in a Few Months

Blockchain Founders Fund Bags US$75M to Invest in Web3, Blockchain Startups

Why Rural Banks Are Essential to the Microfinance Ecosystem of Laos

Brunei’s Baiduri Bank Taps finbots.ai for AI-Powered Credit Scoring

Brunei’s Baiduri Bank has selected finbots.ai, an AI-powered credit scoring software provider backed by Accel, to accelerate the bank’s financial inclusion drive for the underserved credit market. By adopting finbots’ AI credit modelling solution, creditX, Baiduri Bank will be able

Brunei and Singapore to Deepen Collaboration for Financial Supervision

Brunei’s Fintech Industry Continues to Grow Amid Rising Demand and Government Push

Brunei Joins Fintech Race

Cambodia’s ACLEDA Bank Picks FSS to Consolidate Its Merchant Operations

FSS Technologies Singapore, a provider of banking and payment technology solutions, announced a partnership with Cambodian commercial bank ACLEDA. The multi-product deal aims to consolidate and digitally transform ACLEDA’s nationwide merchant operations and automate its terminal monitoring, reconciliation and settlement

Binance to Share Expertise on Digital Assets With Cambodian Regulator

Digital Financial Services Picks Up Steam in Cambodia

Cambodian E-Wallet U-Pay Picks IPification for One-Tap Verification Solution

Cambodia’s ACLEDA Bank Taps Diebold Nixdorf to Enhance Self-Service Experience

Singapore, China Strengthen Green Finance and Capital Market Cooperation

New initiatives to expand cooperation in green finance and deepen capital market linkages with China were recently announced by the Monetary Authority of Singapore (MAS) at Singapore’s 18th Joint Council for Bilateral Cooperation (JCBC).  Among the initiatives is the establishment

Wise Ties up With Tencent for Remittance to China Through Weixin

Thunes to Scale up Its Operations in the Greater China

StanChart Forms JV with Linklogis for Blockchain-Based Trade Finance Platform

YouTrip Integrates With Xero to Offer Cloud-Based Accounting for SMEs

YouBiz, the corporate card and finance management platform by Singapore’s neobank YouTrip, has partnered with cloud-based accounting software provider Xero. The partnership aims to equip local businesses and startups with more capabilities to manage their corporate expenses efficiently through the

Thought Machine Goes on Hiring Spree Amidst Massive Tech Layoffs

Embracing the Age Of Hyperpersonalisation in Banking

FIS Powers Real-Time Payments for Singapore’s Trust Bank

Alibaba Cloud Launches Suite of Financial Services Solutions With Over 70 Products

Craig Bennett Is Temenos’ New APAC Managing Director

Banking software company Temenos announced that Craig Bennett has been promoted to Managing Director – Asia-Pacific, responsible for driving strategy and execution in the region. Temenos continues to see strong momentum across the region, with recent milestones such as the

MatchMove Pay To Tap Into Southeast Asia’s Remittance Market, Hyperledger Wins Innotribe Startup Challenge

Exciting things are happening in Singapore. In case you missed it last week, MatchMove Pay, one of the hottest fintech startups in Southeast Asia, was granted a remittance license from Singapore’s central bank to tap into Southeast Asia’s juicy remittance

DBS HotSpot Announces 11 Finalists for Pre-Accelerator Program

4 Trends That Will Shape Financial Services in a Post-COVID World

The groundswell of digitalisation that forced whole industries and services online in 2020 during the early onset of the COVID-19 pandemic, only continued growing in 2021 despite the return to office-based work and vaccine rollouts across the globe. Corporations, SMEs,

APAC Regulators Accelerate Fintech Regulatory Efforts Amid Rapid Digitalisation

Niall Carroll and The Impact of Travel Restrictions on UK-Based Businesses

Fintech Apps See a Surge in Downloads Amidst the Pandemic

Experts Warn of Rapidly Evolving Fraud Techniques in the Wake of COVID-19

Useful Life Hacks – How To Improve Your Credit Score Fast?

Your credit score is one of the most important numbers in your life. It can determine whether you can get a loan, how much you’ll have to pay for that loan, and even whether you can get a job. A

Which Fintech Firms Are Breaking Into Banking With Credit Cards?

Southeast Asia’s Underbanked Consumers and Businesses Embrace Alternative Financing Platforms

In Southeast Asia, digital financial services are contributing to advancing financial inclusion for both individual and business users, oftentimes arising as the last resort to secure much need financing, according to a new report by the Cambridge Centre for Alternative

P2P Lending Platform SeedIn Rebrands to BRDGE, Plans Expansion Into Indonesia

The First Real Estate Crowdfunding Platform for the Philippines

Estonian Investment Marketplace Secures License in Singapore

Philippines’ Regulators Issues New Crowdfunding Rules

How Bitcoin Drove These People to Wealth

For over a decade, cryptocurrencies have acted as a catalyst for a headstart in the finance world. Just by investing a fraction of their income and following Bitcoin news closely, the lives of the investors featured below have changed completely.

Coinbase Offers Singapore Users Free Bank Transfers, Onboarding Through Singpass

Singapore’s Cautionary Roar: Navigating Crypto’s Popularity with Prudence

Babel Finance Files for Moratorium, Works on New Stablecoin to Repay US$766M Loss

Seven Biggest Fintech Frauds of Recent Years: Who Got Caught?

Are CBDCs a Threat to Monetary Policy? Possibly, Says IMF

Central Bank Digital Currencies (CBDCs) represent a transformative development in the financial industry, as a growing number of countries rapidly progress from theoretical considerations to focused research and pilot programs. The compelling advantages of CBDCs have garnered the attention of

Transforming the Alternative Asset Space: An Inside Look at Alta

Partior Sets Sights on the Future of Global Money Movement

BIS Unveils New Stablecoin and Defi Monitoring Platform, With Focus on CBDC

Singapore’s FSI Sector Eyes Significant Investments in ESG, Embedded Finance and Defi

KASIKORNBANK Onboarded Two Million Users to Its App Last Year

KASIKORNBANK (KBank) onboarded two million new users on its K PLUS online banking app in 2022, more than a million of them were new to the bank itself. The surging use of its digital platforms with 98% of all KBank’s

Omdia Ranks Backbase as Leader in Digital Banking Platform Report

India Emerges as a Key Player in the Global Fintech Landscape

Hyperpersonalisation Experiences Among Southeast Asian Banks’ Top Priorities

Finastra Partners With Integro Technologies for Frictionless Trade Finance

Indonesia Expected to be South East Asia’s Biggest BNPL Market by 2025

BNPL has become a popular payment option in Indonesia due to its convenience and flexibility. With relatively low financial inclusion and even lower credit card penetration, BNPL offers the Indonesian public an alternative to pay a lower upfront amount for

India’s Central Bank Spurring a Digital Payments Boom

Making Sense of Fintech Fraud in APAC

E-Commerce Boom Propelling Digital Payments Adoption in Southeast Asia

WhatsApp Puts Focus on Small Businesses; Bets on Social Commerce and Chat-Based Experiences

Are You Protecting Your Digital Wallet Users From Fraud?

As more users adopt them, fully digital payment methods like e-wallets are becoming increasingly vulnerable: fraud can creep in before and during transactions. More than 140 million people adopted digital wallets in 2019 globally. This number is only projected to increase in

Successful Chargeback Management Starts with Fraud Prevention

Types of E-Commerce Fraud and How to Protect Against Them

How to Overcome the Rising Challenge of Chargebacks

How to Protect Your Ecommerce Business From Fraud This Black Friday and Cyber Monday

Momo’s 31 Million Users Can Now Receive Western Union Money Transfers

Vietnamese e-wallet M-Service which operates under the MoMo brand announced that it has enabled its customers to receive Western Union money transfers on its app. MoMo said in a press release that it is the first super app in Vietnam

ShopeePay Now Available as Payment Option for Apple Services

Vietnam Ditches Cash: More Consumers Opt for Cashless Payments

In Vietnam, Rural Adoption Is the Driving Force for Cashless Payments

Samsung Wallet Begins Roll Out in Singapore and 7 Other Markets

4 Tips to Pay Off Your Debt Without Being Overwhelmed

Are you struggling to pay off your student debt loans amid rising interest rates and increasing financial insecurity? Paying off debt can prove overwhelmingly stressful, especially if you spend uncontrollably and struggle to control your urges. Millions of Americans struggle

Payday Loans 101: Everything You Need to Know

The Financial Situation of Asia After Corona

25 Fintech Events to Attend in Southeast Asia in Q2 2023

In Southeast Asia Asia, fintech is one of the most dynamic sectors in the startup landscape – an industry that has kept on growing and evolving throughout the years on the back of new technological developments, increased adoption of digital

Ensuring a Strong Digital Fraud Detection Strategy in 2023

Five Key Takeaways From the Temenos Regional Forums in Asia Pacific

Top Fintech Events Taking Place in Asia in Q1 2023

Money20/20 Comes Back to Asia in 2024, but Not to Singapore

Can Fintech in Bangladesh Catch Up with its South Asian Neighbours?

In recent years, Bangladesh has seen rapid growth in its fintech sector, fueled by the widespread adoption of mobile technology. This has enabled financial services to reach millions of previously unbanked citizens, leading to a remarkable rise in financial inclusion

Why Rural Banks Are Essential to the Microfinance Ecosystem of Laos

Is Islamic Fintech Catching On in Indonesia?

Mastercard to Expand Farm Pass Programme Across APAC

Singaporeans Still Visit ATMs and Branches Despite Using Banking Apps, Survey Says

Southeast Asia’s Top 5 Largest Fintech Unicorn Exits

Over the past decade, Southeast Asia’s startup ecosystem has significantly matured with an estimated US$52 billion of venture capital (VC) invested into startups and an increasing number of large late stage deals, according to a 2021 report by investment firm

ayondo Celebrates First FinTech Company to List in Singapore

First Fintech to be listed on Singapore Stock Exchange

ICO in Philippines Gaining Ground in Fintech Regulation

E-Payment Solutions Provider Slated To Be Amongst The First SGX-Listed Fintech Firms

Banking Consumers Want Financial Empowerment, Not Just Apps

Consumers don’t just want shiny apps and digital banking, they want to feel that their bank is a partner who can help them reach financial empowerment. That is the finding of a new ethnographic study by Finastra, which has gone

Building a Bank in 100 Days

Why Consumers Should Not Rely Blindly on Financial Consultants for Their Financial Planning

The Future of Finance: How to Cope With Open Banking In Emerging Asia

From Relationships to Platforms – the Shift in Corporate Banking

Bad Bots Keep Their Eyes on the Money

If you could look like a million people, what kinds of crimes could you commit? Today’s fraudsters have access to enormous resources and pretend to be a whole horde of people with nearly limitless options at their disposal to mask

CardUp Allows You to Pay Your Rent, Tax, Insurance and More With Your Credit Card – and Earn Additional Rewards

COVID-19 continues to spread in Singapore with 257 new reported cases, bringing the national total to 41,473, including 26 deaths, according to latest data from the Ministry of Health, dated June 18. As a result of the pandemic and ensuing

B2B Forex Tech Provider Koku Targets Southeast’s Non-Bank Financial Institutions

Silent Eight Uses AI to Fight Financial Crime

Robo-Advisor Endowus Aims to Improve CPF Investment while Lowering Cost

Fintech Investor BitRock Capital Plans to Raise New US$100 Million Fund

Singapore-based fintech investment firm BitRock Capital is currently inching towards meeting its target to close a new US$$100 million fund, according to a Bloomberg report. This would more than double BitRock’s first fund close in 2021. The new fund will

Mizuho Leads Kredivo Holdings’ US$270 Million Series D Fundraise

Top 10 Investors in Vietnam Backing Emerging Fintech Startups

Proxtera Raises Seed Funding From Ant Group, CerraCap Ventures, and EDBI

Walmart Invests US$200 Million in PhonePe

Singapore Leads ASEAN’s Climate Fintech Revolution Amid Climate Emergency

The climate crisis is a defining challenge for Southeast Asia, a region that’s among the most vulnerable to global warming but which also significantly contribute to its cause. Against this backdrop, a new generation of fintech startups are emerging out

Singapore Green Fintech MVGX Names Sandy Frucher as Vice Chairman

Finastra Launches ESG Service for Lending

DBS, OCBC and UOB Carve Out a Place on the Sustainability Perceptions Index

Fintech for Good – Leaders Weigh In on ESG, Data Role in Creating Sustainable Enterprise

Doctor Anywhere Secures USD38.8 Million Funding and Announces Acquisition

Doctor Anywhere (DA), a regional tech-led healthcare company headquartered in Singapore, announced that it has acquired Catalist-listed Asian Healthcare Specialists , an integrated healthcare provider in Singapore. Asian Healthcare Specialists is a group of 14 medical specialists, with a patient-first

Singaporeans View Digital Technology as Critical to Support Longevity

6 Healthtech Startups From Singapore to Watch in 2022

Philippines: New VC Fund Gobi-Core Debuts Investments in Healthtech Startup MariaHealth

Walk Away From Belly Fat & Earn Extra Airline Miles

Babel Finance Files for Moratorium, Works on New Stablecoin to Repay US$766M Loss

Hong Kong-based crypto lender Babel Finance has filed applications in the Singapore High Court to buy more time from its creditors for up to six months. The moratorium is intended to allow the restructuring efforts made by Babel Finance in

ForgeRock Expands Cloud Services to Indonesia and Hong Kong

Hong Kong’s Hex Trust Secures Digital Custody License From MAS

Singapore Fintech B2B Startups Are Invited to Pitch for Potential Deals and Funding in Hong Kong

What to Expect From Hong Kong Fintech Week 2019 — Asia’s Global Fintech Event

Walmart Invests US$200 Million in PhonePe

Indian digital payments company PhonePe announced that it has secured an additional US$200 million from Walmart, bringing its total funds raised for this tranche to US$650 million. The raise places PhonePe’s pre-money valuation at US$12 billion. PhonePe said that it

India Emerges as a Key Player in the Global Fintech Landscape

Thought Machine Goes on Hiring Spree Amidst Massive Tech Layoffs

Singapore and India’s Real-Time Payments Linkage Goes Live

India Bets on Digital Banking to Improve MSME Access to Finance

Mizuho Leads Kredivo Holdings’ US$270 Million Series D Fundraise

Kredivo Holdings, the parent company of Kredivo and Krom Bank Indonesia formerly known as FinAccel, announced the close of its US$270 million Series D fundraise led by Japanese global bank Mizuho Bank. The oversubscribed round was joined by Kredivo’s existing

Bank Indonesia Now Has 122 Participants for Its Real-Time Payment Scheme BI-FAST

Brankas Scores Payment Licenses in the Philippines, Indonesia

Fiat-Crypto Gateway Alchemy Pay Gets Licenses From Bank Indonesia

MUFG and Bank Danamon Sets up US$100 Million Fund for Indonesian Startups

Fintech Infographic of the Week: Making Investing More Accessible with Decentralized Finance

Across the globe, access to financial markets diverges dramatically from one country to another. While in the US about 52% of people are investing in the stock market, in emerging countries like India and Mexico, the figure drops significantly with

Fintech News Network: 12 Infographics Showcasing the State of Fintech Around the World

Southeast Asia on track to realizing $200 billion internet economy by 2025

Remittance Infographic: The Demystifying the Cross Border Ecosystem

50 Disrupting Fintech Facts About Mobile Wallets & Payments – An Infographic

Singapore Study on Harvard Case Platform Reveals What Sets DBS’ Digital Transformation Apart

Singapore-based DBS Bank has become a top-ranked bank globally driven by its successful digital transformation initiatives, focus on sustainability, and high-quality customer service. DBS has managed to maintain its competitive edge by embracing digital innovation and staying at the forefront

5 Homegrown Fintech Startups from India We’re Watching in 2023

Sacombank Chooses Swiss Firm Temenos to Elevate Digital Banking

Is Southeast Asia Entering Its Golden Age of Fintech?

Next Gen Finance Professionals Need to Embrace Major Upskilling to Keep Pace

Cover Genius Acquires Embedded Warranty Provider Clyde

Cover Genius, an Australian insurtech for embedded protection, announced that it has acquired US-based embedded warranty provider, Clyde Technologies. Details of the transaction was not disclosed. The insurtech said that the assets acquired will assist its continued expansion into the

Carro Secures Investment From ZA Tech to Enhance Product Offerings

Insurtech Firm CoverGo Appoints Adrit Raha as Managing Director for APAC

India’s InsuranceDekho Secures US$150 Million Series A

MSIG Singapore to Deploy Fermion’s AI Tool to Combat Motor Insurance Fraud

Changing the World With Bank of Things

Digital transformation is now everywhere, as every industry is actively adopting advanced information and communications technology (ICT) while changing business practices. The digital economy is extending its presence with speed, ease of access, as well as the power penetration that

COVID-19 Impact Accelerates IoT Projects in Singapore

Singapore Tops Autonomous Vehicles Readiness Index For the First Time

6 IoT Gadgets Gifts that Cost Less than US$100 for This Christmas

Autonomous Vehicles Are Becoming a Reality in Singapore, Which Industries Will Be Most Affected by It?

Fintech Job Moves and the Hottest Open Positions in Singapore and HK

Fintech in Asia-Pacific is expected to grow at a compound annual growth rate (CAGR) of 72.5% from 2015 to reach US$72 billion in 2020, according to a Frost & Sullivan report. But insights from Michael Page indicate that there is

Singapore and Kazahkstan Signed an Agreement to Boost Fintech Innovations

While not often said in the same sentence, Singapore and Kazakshtan have inked a Cooperation Agreement for increased fintech collaborations in earnest. The Astana Financial Services Authority (AFSA), Astana International Financial Centre Authority (AIFCA) and the Monetary Authority of Singapore (MAS)

Kazakhstan Strives to Become an Attractive Destination for Fintech Startups

ComfortDelGro Partners Alipay+ to Accept Mobile Payments From Malaysia, S. Korea

Singaporean taxi operator ComfortDelGro Taxi has partnered with Alipay+ to enable mobile payments from Malaysia and South Korea through Touch ‘n Go eWallet and Kakao Pay respectively in all its Comfort and CityCab taxis. Users of these mobile wallets can

Kakao Sets up Non-Profit Entity in Singapore To Lead Klaytn Blockchain’s Expansion

GME Remittance Joins RippleNet for Payments Push From South Korea to Thailand

Here Are the 10 Startups That Graduated From F10 Singapore’s Accelerator Programme

F10 Partners Seoul Fintech Lab, K Accelerator for South Korean Expansion

Why Rural Banks Are Essential to the Microfinance Ecosystem of Laos

Rural banks fulfil different roles in different countries, but across the board they help to promote financial inclusion efforts to move the local population – many who have never possessed a bank account – to participate in the regional economy.

Laos’ Fintech Revolution is Still Bank-Led, For Now

Latest Laos Mobile Payments Partnership with to Target Chinese Tourist

It’s Official, Laos Doubles Down on Crypto-Ban in Recent Announcement

Cambodia Sees Growing Fintech Industry; Laos Still Lacks Behind

Mizuho Leads Kredivo Holdings’ US$270 Million Series D Fundraise

Kredivo Holdings, the parent company of Kredivo and Krom Bank Indonesia formerly known as FinAccel, announced the close of its US$270 million Series D fundraise led by Japanese global bank Mizuho Bank. The oversubscribed round was joined by Kredivo’s existing

JIVF Partners With OpenWay to Bolster Its Suite of Credit Offerings

Finastra Launches ESG Service for Lending

Why Rural Banks Are Essential to the Microfinance Ecosystem of Laos

Vietnam’s Earned Wage Access Firm GIMO Closes US$5.1 Million Series A

Google Wallet Lands in Vietnam, Thailand and Malaysia

Google Wallet has now been extended to three additional Southeast Asian countries – Vietnam, Thailand and Malaysia – making it available in 57 countries total. In Vietnam, the feature is currently only supported for Visa cardholders while Mastercard will be

Five ASEAN Central Banks Sign MoU for Regional Payment Connectivity

ComfortDelGro Partners Alipay+ to Accept Mobile Payments From Malaysia, S. Korea

Google Cloud Appoints Sherie Ng to Lead Operations in Singapore and Malaysia

eKYC to Fuel Asia’s Digital Banking Revolution

Singtel to Offer Zip’s BNPL Service Through Its Dash App

Singtel is set to launch Australian Buy Now, Pay Later (BNPL) player Zip’s service on its Dash app in Singapore. This new service provides an alternate payment option for Dash customers, giving them the flexibility to choose between paying for

Rapyd Bags $300 Million in Series D Funding Round

What Is Fintech? A Guide To Financial Technology

WhatsApp India Has Rolled Out Its Payment Feature

Flywire Develops Digital Payment Platform for NTU Singapore’s International Students

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

American Express Sets up New Innovation Center in Singapore

Buy Now Pay Later (BNPL) Gaining Momentum in Thailand

Making Sense of Fintech Fraud in APAC

E-Commerce Boom Propelling Digital Payments Adoption in Southeast Asia

Telenor Sells 51% Stake in Wave Money for US$ 53 Million

Telenor Group announced that it will be selling its 51% stake in digital payment solutions provider Digital Money Myanmar, also known as Wave Money, for US$ 53 million to Yoma MFS Holdings, a subsidiary of Yoma Strategic. This subsidiary is to

Wave Money Doubled Its Transaction Volume Last Year at US$ 8.7 Billion

Myanmar’s Wave Money Clocks More Than a Million Monthly Users for Its Wavepay App

4 Fintechs in Myanmar to Watch

With 70% Unbanked Population, Myanmar Bets on Fintech to Improve Financial Inclusion

P2P Lending in Australia and New Zealand

Since the arrival of peer-to-peer (P2P) lending in Australia and New Zealand, in 2012 and 2014 respectively, the practice has become more and more popular.   P2P lending in Australia The Australian Securities and Investments Commission (ASIC) reported a total

Top Fintech Vietnam News from October 2017

Fintech Vietnam Meetup is back with the October 2017 newsletter with all you need to know about Fintech in Vietnam. Last edition, we shared the news of how foreign competitors like Samsung and Alipay are entering the e-payments market. Now with Tencent also seemingly in the fray,

Top Fintech Vietnam News from September 2017

Top Fintech Vietnam News from August 2017

Top Fintech Vietnam News – June/July 2016

Top Singapore Fintech-News 7.- 21. February

Robo Advisors in Singapore: Which One is Right For You?

Robo advisors in Singapore are seeing rapid growth. Robo advisors first emerged in 2008 as a result of the financial crisis. As time passed and digitalisation began to play a more prominent role in society, robo advisors grew in tandem.

DLT-Based Capital Markets Platform iSTOX Graduates MAS’ Sandbox

Capital Markets Platform iSTOX Secures Funding Of USD 5 Million

Singaporean Robo Advisor Bambu Raises US$10 Million in Series B Funding

Singapore’s Investment Management Association Announces a New Chairperson

Open Banking in APAC: Market-Led vs Regulator-Led Approaches

Open banking is steadily making its way into Asia-Pacific (APAC), and though the industry remains largely nascent compared with pioneers like to European Union, adoption is increasing at a stable pace, enabled by new regulatory frameworks and market-led initiatives. A

Brankas Scores Payment Licenses in the Philippines, Indonesia

Tazapay Offers Open Banking Payments in Europe Through Volt Tie-up

Singapore’s Appetite for Open Banking Is at an All-Time High, Finastra Survey Shows

Indonesia’s Open Finance Scene Heats Up as Consumer Interest Heightens

Global Payments Firm BPC Appoints New Managing Director for Pakistan

Global payments firm BPC announced the appointment of Furrukh Ali Baig as Managing Director for the South Asian region. Ali Baig has been at the helm of BPC’s business development team for the last six years and has 12 years

Pakistan’s Fintech Ecosystem Gets a Boost

7 Startups Graduate From F10 Singapore’s Second Acceleration Batch

The F10 Singapore Global Summit that was held on 30th November 2021 marked the end of the 3-month programme for its second acceleration batch featuring 7 startups. GreenArc Capital, New Wealth, Doomoolmori, BlueFire AI, Onchain, Senseforth, and InvestaX will continue

The Hong Kong Fintech Week 2021 Ends on a High Note

F10 Singapore Launches Its Third Incubator Programme With 9 New Startups

Top 10 Reasons to Attend Hong Kong Fintech Week 2021

InvestHK Calls for Applications From Fintechs Planning to Scale up in Asia

Bank Indonesia Now Has 122 Participants for Its Real-Time Payment Scheme BI-FAST

Bank Indonesia (BI) announced that it has onboarded another 16 participants for its domestic real-time payments scheme BI-FAST powered by ACI Worldwide. BI-FAST is accessible through applications or channels provided by the payment system industry to facilitate retail payment transactions

Momo’s 31 Million Users Can Now Receive Western Union Money Transfers

Walmart Invests US$200 Million in PhonePe

Southeast Asia Ushering In a Golden Era of Payments?

ShopeePay Now Available as Payment Option for Apple Services

8 Tips to Manage Your Finances Before a Big Spending

Learning how to manage your spending, saving money, and managing debt, are all a part of your financial journey. During your journey, there might be “speed bumps” like a sudden change in income that you weren’t expecting. Additionally, you may

Top 5 Most Popular Financial Super Apps in Asia

Singaporeans Can Now View Their Insurance Data on SGFinDex

UOB and Personetics Launch AI-Driven Automated Savings Feature

Singaporeans View Digital Technology as Critical to Support Longevity

Brankas Scores Payment Licenses in the Philippines, Indonesia

Southeast Asian open finance platform Brankas announced that it has received payment licenses from Bank Indonesia (BI) and the Bangko Sentral ng Pilipinas (BSP). The firm managed to secure the Payment Service Provider (PJP) Category 3 license in Indonesia and

CIMB Philippines Closes 2022 With Strong Performance in Deposits, Lending Portfolios

Right Choice Capital Group Expands in Philippines; Acquires Local Rural Bank

CIMB Philippines Partners SeaMoney to Onboard 2.5 Million BNPL Customers in 2023

Five ASEAN Central Banks Sign MoU for Regional Payment Connectivity

7 Asia-Focused Fintech Webinars and Podcasts to Watch and Listen Now

Asia has become a hotspot of digital innovation in the global financial and banking sector, aided by the region’s young, digitally-savvy population, rapid digital adoption, and government support to advance financial inclusion. To help fintech professionals keep up with the

Podcast: Moneyfm 89.3 Discussion With Vesta GM of APAC

New Fintech Podcasts and Webinar Series to Follow in 2021

Facial Recognition Authentication: Is It Good Enough to Fight Financial Fraud?

7 Ransomware Prevention Tips for Small Businesses

Ransomware isn’t just something that “other” businesses deal with. If you aren’t careful, it can become something that tears your business apart from the inside out. That’s not meant to scare you, but it should wake you up to the

8 Tips to Manage Your Finances Before a Big Spending

Digital Quality of Life 2022: Top Asian Countries on the List

4 Reasons Why You Should Use a Digital Purchase Order

A Small Business Guide To Seamless Global Payment Transfers

Singapore’s Proptech Firm Ohmyhome Lists on Nasdaq

Singapore proptech firm Ohmyhome announced that it had begun trading on the Nasdaq Stock Market in New York on 21 March under the ticker symbol “OMH”. Ohmyhome is selling 3,775,000 million shares at a price of US$4.00 per share in

PropertyGuru Appoints CTO Manav Kamboj to Lead Its Fintech Business

Igloo Rolls Out Home Content Insurance With Shopee in Vietnam

What’s the Secret to Increasing Cash Flow on a Rental Property?

Vietnamese Proptech Houze Raises US$2 Million in Fundraise Led by DKRA Group

Redefining Finance for Good: Indonesia’s Largest Bank Reflects on the Future of Banking

COVID-19 has been an important catalyst for digital transformation across all industries. In banking, the pandemic has accelerated banks’ digitalization push and triggered a sharp rise in digital payments and digital banking usage. In partnership with Finastra, the Fintech News

Finance Needs to Be Redefined for Good to Serve One Billion of Asia’s Unbanked

Redefining Finance for Good: How DBS Responded to the Pandemic

Matrixport Partners With Chainalysis to Step up Its Compliance Capabilities

Singapore-based crypto lender Matrixport will be leveraging Chainalysis’ blockchain data platform to step up its compliance capabilities, support anti-fraud protocols and monitor risk. Through this partnership, Matrixport will be able to monitor its cryptocurrency assets to detect patterns of high-risk

Indonesian Digital Trust Startup Privy Raises US$48 Million Series C

Climate Tech Startup Offsetted Launches ESG Compliance Solution at SFF 2022

Regtank Wins the Fintech Award at Huawei’s Global Startup Competition

Indian Fintech Signzy Secures US$26 Million in Funding Round Led by Gaja Capital

Global B2B Cross-Border Payments Market Set to Reach $40 Trillion by 2024

The Business-to-business (B2B) sector has unique requirements when it comes to payments, which has resulted in the rise of cross-border payment solutions that cater to these needs.  These solutions allow businesses to make and receive payments in various currencies, with

IMF: Despite the Hype, Fintech Has Yet to Disrupt the Remittance Market

Southeast Asia’s Cross Border Transfer Industry Landscape

Wise Doubles Down on Singapore as APAC Hub With Plans to Hire 150 Roles

Wise Ties up With Tencent for Remittance to China Through Weixin

Ransomware, Wiper, Botnet Attacks Are on the Rise Warns Fortinet

In 2022, cybercriminals became more methodical and innovative in their tactics, reviving old methods, introducing new advanced attack techniques, and continually coming up with more sophisticated ways to infiltrate networks, according to a new report by American cybersecurity firm Fortinet.

Webinar: Developing a Strong Digital Fraud Detection Strategy in 2023

MAS to Enhance Security Measures to Prevent Cross-Border Payment Scams

Mastercard, Vesta to Offer Fraud Management Solutions for APAC Merchants

7 Ransomware Prevention Tips for Small Businesses

All The Major Singapore Fintech Festival Announcements At a Glance

The Singapore Fintech Festival (SFF) 2020 took place between December 7 to 11 this year, featuring a unique hybrid format that combined a 24-hour online platform with satellites events around the world. The 2020 week-long fintech gathering included more than

Here Are the Winners of MAS’ 2020 Global Fintech Innovation Challenge

Singapore and Hungary Central Banks Ink Fintech Cooperation Agreement

Four in Five Fintech Firms in ASEAN Set on Expanding Despite COVID-19

MAS and Ministry of Health Developing Data Sharing Platform for Faster Insurance Claims

MAS, Singapore Fintech Association Announces the Winners of SFF Global Fintech Awards

The SFF Global FinTech Awards brings together the Fintech Awards previously presented separately by the Monetary Authority of Singapore (MAS) and the Singapore Fintech Association (SFA) at the Singapore Fintech Festival. The theme for this year’s Awards is “Emerging from

Check Out the Winners of the Green Finance Themed Global Fintech Hackcelerator

Top 10 Stories from Singapore Fintech Festival 2021

Meet the Winners of MAS’ Global CBDC Challenge

Check Out the 3 Winners of MAS’ Global Veritas Challenge 2021

Singapore Fintech Festival 2022 Saw Its Largest Turnout With Over 62,000 Participants

The Singapore Fintech Festival (SFF) this year brought together more than 62,000 participants from over 115 countries, emerging as its largest gathering to date since the inaugural edition in 2016. SFF 2022 featured more than 850 speakers from private and

FlexM Awarded as the Best Asean Fintech By MAS at the Singapore Fintech Awards 2022

SwissCham Seeks a Stronger Fintech Presence in Singapore

Dubai’s DIFC Sees Exceptional Interest From Global Fintech Firms at SFF

Top 10 Highlights from Last Week’s Singapore Fintech Festival

Inypay Appoints Kawin Boonyapredee as Chief Information Security Officer

Inypay, a soon-to-be-launched Singaporean neobank, announced that it has appointed Kawin Boonyapredee as its Chief Information Security Officer (CISO). In his new role as CISO, Kawin will be responsible for overseeing the company’s information security programme and ensuring that all

Webinar: Developing a Strong Digital Fraud Detection Strategy in 2023

InterSystems Survey Highlights Data and Tech Obstacles for Financial Services in Asia Pacific

What Fintechs Should Know About Central Bank Digital Currencies

Accelerate Revenue for Your APAC Business Through Payments

CIMB Philippines Closes 2022 With Strong Performance in Deposits, Lending Portfolios

Digital banking services provider CIMB Bank Philippines has ended the year 2022 with a strong performance on both its deposits and lending portfolios. CIMB Bank PH reached its all-time high cash-in transaction value of PHP 128 billion in 2022, 68%

The 1st Foreign Owned Company in Japan to Successfully Apply a Financial Services Intermediary License

Launch of ‘Homo Spacien‘ NFT Collection Shows How Space Travel Will Shape Human Evolution

Contemi Solutions Bags Three Accolades at the WealthTech Asia Awards 2021

Mambu: Fintech Innovation Could Solve Indonesia’s Financial Inclusion Challenges

Fintech Sees Modest Growth in Sri Lanka as Old Habits Die Hard

In Sri Lanka, fintech holds many promises, and while local banks are investing heavily in digitalization, many challenges still need to be addressed before a real, dynamic fintech ecosystem emerges. When it comes to digital finance, it is safe to

A Fintech Regulatory Sandbox for Sri Lanka

Top 5 Fintech Whitepapers to Keep You Future-Ready

The digital payments market in Asia-Pacific is expected to more than triple to US$67.42 billion by 2028, according to a recent estimate. That’s a healthy growth of 21.1 percent CAGR from US$17.85 billion in 2021, fuelled by customers’ familiarity with doing

6 Whitepapers and E-Books Fintech Professionals Should Check Out

Singapore Fintech Report 2021: Blockchain Dominates Singapore’s Fintech Scene

Microsoft and IDC Joint Study Examines Culture of Innovation in the Financial Industry

New Research Highlights Untapped Opportunity for Fintech in Women’s Market

KASIKORNBANK Onboarded Two Million Users to Its App Last Year

KASIKORNBANK (KBank) onboarded two million new users on its K PLUS online banking app in 2022, more than a million of them were new to the bank itself. The surging use of its digital platforms with 98% of all KBank’s

KASIKORNBANK Doubling Down on Vietnam Expansion Efforts

Siam Commercial Bank Plans to Be a Fully Digital Bank

Thai Lender MONIX Raises US$20 Million Ahead of IPO Plans

Thailand Embraces Digital Banking with Customer Protection in Mind

Banks Losing Ground to Fintechs in Asia’s Cross Border Payments Space

Fintech companies and specialist providers are rapidly gaining ground in Asia’s cross-border payment market, putting increased competitive pressure on banking incumbents and forcing them to look for new opportunities, a new report by global consultancy McKinsey claims. In Asia, fintech

Singapore Study on Harvard Case Platform Reveals What Sets DBS’ Digital Transformation Apart

McKinsey: Asia’s Booming Affluent Segments Introduce New Opportunities in Digital Wealth

Singapore Hits Highest Fintech Funding in 3 Years, Crypto Snagged US$1.2 Billion

Partior Sets Sights on the Future of Global Money Movement

Finastra Partners With Integro Technologies for Frictionless Trade Finance

Financial services software and cloud solutions provider Finastra has partnered with Aurionpro’s subsidiary Integro Technologies for frictionless trade finance. Banks will now be able to combine Integro’s SmartLender solution’s advanced exposure risk capabilities with Finastra’s Trade Innovation solution’s front-to-back capabilities

MAS Completes Its First Digital Asset Live Trades Under Project Guardian

Proxtera Launches a Multi-Currency Exchange for ASEAN and African Currencies

Finastra Collaborates With Contour for Digital Trade Finance

SC Ventures Rolls Out Bank-Agnostic Supply Chain Finance Platform

How Bitcoin Drove These People to Wealth

For over a decade, cryptocurrencies have acted as a catalyst for a headstart in the finance world. Just by investing a fraction of their income and following Bitcoin news closely, the lives of the investors featured below have changed completely.

Maximize Your Profits With These Stock Trading Strategies

Profiting From Volatility in the Forex Market

Crypto as Part of the Future of Payment Cards

Are There Too Many Cryptocurrencies or Not Enough?

Niall Carroll and The Impact of Travel Restrictions on UK-Based Businesses

More than a year into the pandemic, businesses are still being affected by restrictions, including those around international travel. While the lifting of many measures has already begun, both the UK and US governments have announced that there will be

Which Countries Need a Visa for Singapore?

Traveltech Startup Upgrade Pack Hires Ex-Expedia Veteran as it Expands into APAC

Travelstop Raises $3M To Modernise Business Travel in Asia

Singapore Airlines’ KrisFlyer Now Offers a Credit Card That Rewards You with Miles

MAS: Credit Suisse to Continue Singapore Operations Without Disruptions

Credit Suisse will continue operating in Singapore without any interruptions or restrictions following its takeover by UBS, said the Monetary Authority of Singapore (MAS). MAS added that customers will continue to have full access to their accounts and Credit Suisse’s

MAS: Singapore Banking System Has “Insignificant Exposures” to Failed US Banks

Grab’s CFO Peter Oey Sells Stake Worth US$1.1 Million

Okta Appoints Clarence Cheah to Lead APAC, Japan Growth

Grab Prepays US$600 Million in Debt Ahead of 2026 Maturity

Top 10 Investors in Vietnam Backing Emerging Fintech Startups

Over the past years, Vietnam has emerged into one of the fastest-growing fintech markets in Southeast Asia, amid growing customer adoption, sustained venture capital (VC) funding activity, and increased support from the government to foster innovation. In this burgeoning landscape,

Momo’s 31 Million Users Can Now Receive Western Union Money Transfers

Bryan Carroll Steps Down as CEO of Vietnamese Digibank TNEX

JIVF Partners With OpenWay to Bolster Its Suite of Credit Offerings

KASIKORNBANK Doubling Down on Vietnam Expansion Efforts

Mizuho Leads Kredivo Holdings’ US$270 Million Series D Fundraise

Kredivo Holdings, the parent company of Kredivo and Krom Bank Indonesia formerly known as FinAccel, announced the close of its US$270 million Series D fundraise led by Japanese global bank Mizuho Bank. The oversubscribed round was joined by Kredivo’s existing

Inypay Appoints Kawin Boonyapredee as Chief Information Security Officer

Bryan Carroll Steps Down as CEO of Vietnamese Digibank TNEX

Sea’s MariBank Now Available to the Public on an Invite-Only Basis

YouTrip Integrates With Xero to Offer Cloud-Based Accounting for SMEs

Endowus Appoints Hugh Chung as New Chief Investment Advisory Officer

Singapore’s digital wealth management platform Endowus announced that it has appointed Hugh Chung as its Chief Investment Advisory Officer. In his new role, Hugh will be leading the collective efforts of the centralised Investment Office across the group. This includes

Singlife Taps Citi and Blackrock to Revamp Its Investment Capabilities

Endowus Empowers Underserved Groups to Reach Their Wealth Goals

McKinsey: Asia’s Booming Affluent Segments Introduce New Opportunities in Digital Wealth

Revolut Singapore’s Customers Can Now Buy and Sell US-Listed Stocks From US$1

The Silicon Valley Bank Collapse, Contagion, and Containment

The collapse of Silicon Valley Bank (SVB) has sent shockwaves throughout the global economy. SVB was the parent bank that focused on tech startups, and its failure announced on Friday, 10 March is the biggest since the 2008 financial crisis.