Chubb has appointed Seshadri (Sesh) Iyer as Executive Vice President, Chubb Group, Operations, Technology and Digital Transformation, effective April 6. He succeeds Julie Dillman, who will retire on 2 April after nearly a decade with the company. In the role, Iyer will oversee Chubb’s global operations and technology. He will also work with Sean Ringsted, Chief Digital Business Officer, on the company’s digital transformation across underwriting, sales and service operations worldwide. Iyer will report to Evan G. Greenberg, Chairman and Chief Executive Officer of Chubb Limited and Chubb Group, and John Keogh, President and Chief Operating Officer of Chubb Group.…

BIDC, a subsidiary of BIDV and one of Cambodia’s fastest-growing commercial banks, has gone live on BPC’s SmartVista platform, replacing its legacy systems and enabling EMV contactless card issuing and acquiring. The upgrade supports the bank’s cardholders and merchant network with enhanced payment security and lays the foundation for digital retail growth. BIDC can now issue EMV contactless cards more efficiently across mobile and branch channels. Merchants benefit from faster “tap-and-go” acceptance and streamlined settlement. Customers enjoy simplified payments, 3D Secure online protection, and consistent digital self-service. The new platform also consolidates operations, reduces time-to-market, and provides a scalable foundation…

MetaComp, a Singapore-based company specialising in unified Web2.5 payments and wealth management, has completed its Pre-A+ funding round, bringing total funding to US$35 million across two rounds in three months. Alibaba, Spark Venture, and other institutional investors supported the round, with existing shareholders co-investing. 100Summit Partners acted as exclusive financial adviser. The funding will expand MetaComp’s StableX Network across Asia, the Middle East, Africa, and Latin America. It will also advance the company’s AI strategy for an Agent-Skills-MCP architecture, designed to support Web2.5 payment and wealth services. MetaComp reported full-year net profitability in 2025. Combined cash flows and new capital…

Global payments technology firm EBANX will open its new Asia-Pacific (APAC) headquarters in Singapore on 24 March. The facility will act as a regulatory and product development centre for the company’s global e-commerce operations. The Brazil-founded enterprise currently processes payments for over 100 APAC merchants. It has accounted for 36% of its Total Payment Volume (TPV) in 2025. EBANX projects a 30% TPV growth within the region in 2026, driven by business and consumer activity across emerging markets. EBANX CEO and Co-Founder João Del Valle noted the ongoing trend of Asian businesses entering markets in Africa and Latin America. “In…

Razorpay announced the launch of the “World’s First Agent Studio”, built using the Claude Agent SDK from Anthropic, at Razorpay’s flagship event, FTX’2026, in India on 12 March 2026. Razorpay Agent Studio is a B2B agent marketplace and builder platform for payments and business banking. It is said to function similarly to a team of AI specialists, with each agent purpose-built to handle a specific commerce challenge, ranging from recovering failed payments to settling disputes before escalation. For the initial rollout, Razorpay has introduced production-ready agents: Abandoned Cart Conversion Agent, Dispute Responder Agent, Subscription Recovery Agent, and Cashflow Forecaster Agent.…

OpenWay and UnionPay International (UPI) have expanded their partnership to support UnionPay products on the Way4 platform. Way4 is OpenWay’s platform for card issuing, acquiring, switching, and digital wallet services in real time. With the expansion, OpenWay clients can issue, acquire, and tokenise UnionPay cards, allowing for a more consistent rollout of UnionPay-powered payment services across markets. OpenWay has enabled the launch of Big Pay functionality for UnionPay cards on Way4 with six major banks in Central Asia. This is the first global integration of a UnionPay card with a Big Pay solution. OpenWay plans additional Big Pay integrations, which…

Kredivo Group, the Indonesia-based buy now, pay later and fintech company, has acquired Vietnam-based digital bank Timo, according to Tech in Asia, based on sources familiar with the matter. The report indicated that final paperwork has been signed, though the deal has not yet been formally announced. Financial terms remain undisclosed for the Kredivo Timo acquisition. Kredivo plans to invest approximately US$15 million in Vietnam over the next three years, targeting one of Southeast Asia’s fastest-growing fintech markets. Kredivo Group’s co-founder and CEO, Akshay Garg, will purportedly oversee operations of the combined entity. The Timo brand is expected to be…

Alteryx has surpassed US$1 billion in annual recurring revenue as it expands its push into enterprise AI and automation. The company is positioning its Alteryx One platform as a way for businesses to connect data, business context and AI in a single platform, with a governed and repeatable logic layer designed to preserve lineage and support AI use at scale. Alteryx added that thousands of customers are moving to its simplified pricing model. The push comes as businesses look for more reliable ways to scale AI. Alteryx cited research showing that 28 percent of organisations have limited or no confidence…

Mastercard has rolled out a new Crypto Partner Program that brings together more than 85 firms across digital assets, payments and financial services. The new global initiative is intended to create a forum for collaboration as digital asset use cases become more closely tied to mainstream financial systems. Among the companies joining the program are Anchorage Digital, Binance, Bybit, Circle, Crypto.com, DCS Card, dtcpay, Episode Six, Fireblocks, Gemini, Paxos, Paymentology, PayPal, Ripple, StraitsX, Thought Machine, Thredd, TRM Labs and Worldpay. Mastercard said digital assets are increasingly being used in areas such as cross-border remittances, B2B money transfers, payouts, settlement and…

Mastercard is rolling out a new platform to help banks tackle SME cross-border payment friction in Asia Pacific. The company has launched Mastercard Global Commerce Suite for Small Businesses, a new offering powered by Mastercard Move. It is designed to help banks support SMEs with cross-border payments, collections and expenses. It is now available to banks and financial institutions in Hong Kong SAR, with plans to expand into selected Asia Pacific markets. The launch comes as more SMEs in the region expand into cross-border trade while continuing to face issues such as limited payment visibility, compliance requirements, vague timelines and…

Thunes has made two senior hires as the company expands its payments network and strengthens its leadership team. The company has appointed Guy Duncan as Chief Technology and Product Officer and Parvinder Bhatia as Chief Financial Officer. Duncan joins Thunes with experience in digital transformation and scaling technology platforms. He previously served as CTO at Tide and OVO Energy. Duncan also led BMW’s digital transformation across 64 markets and helped scale Tide’s platform from 50,000 to more than 1 million members. At Thunes, he will lead the company’s technology and product teams, with a focus on building teams and deploying…

Stablecoins are gaining ground in APAC finance as clearer rules draw more institutional interest, a new Money20/20 Asia report found. Published ahead of Money20/20 Asia in Bangkok this April, the report draws on insights from more than 130 stakeholders across the region and points to a fintech sector moving beyond experimentation in areas such as AI and digital assets. It highlights three main themes for 2026: maturing core technologies, deeper collaboration between banks and fintechs, and the growing importance of trust across data, cybersecurity and governance. In digital assets, the report says interest is rising particularly around stablecoins, with attention…

Mastercard has introduced Virtual C-Suite, a new agentic AI offering designed to help small businesses operate with executive-level insight and decision-making. The first tool to be launched under the suite will be a Virtual CFO, which Mastercard said will be introduced this year through financial institutions, accounting platforms and software providers. Additional AI-powered roles tied to functions such as security and marketing are planned over time. Virtual C-Suite builds on Mastercard’s Agent Suite and is designed to work within the accounting systems, business software and banking applications that small businesses already use. According to Mastercard, the system can analyse business…

Broadridge has added Crypto.com to its NYFIX network, allowing market participants to route crypto orders through its existing FIX-based trading infrastructure. The integration also marks NYFIX’s first cryptocurrency trading connection in Asia. With the tie-up, firms already connected to NYFIX can route crypto orders directly to Crypto.com through the same network used for other asset classes. The integration also gives Crypto.com access to NYFIX Marketplace. Broadridge said the setup supports order routing, drop copies and market data handling through the FIX protocol. It added that the integration combines its market access and connectivity with Crypto.com’s liquidity and low-latency trading capabilities.…

Across the Association of Southeast Asian Nations (ASEAN), Thailand is leading the transition towards cashless and digital payments both domestically and across borders, driven by real-time payment infrastructure, e-money growth, and cross-border payment linkages, a new report by the International Monetary Fund (IMF) says. However, this shift is also introducing new risks and challenges. Between 2019 and 2024, the use of non-physical payments increased annually by more than 75% on average. This surge has been fueled largely by PromptPay, Thailand’s real-time digital payment system. Launched in 2016, PromptPay links bank accounts to national identification (ID) or mobile phone numbers, offering…

KAST, a global financial platform built on stablecoin rails and founded by former Circle executive Raagulan Pathy, has raised US$80 million in a Series A funding round. QED Investors and Left Lane Capital co-led the round, with returning investors Peak XV Partners, HSG and DST Global Partners also participating. The funding comes amid growing global adoption of stablecoins, particularly in emerging markets and among internationally mobile workforces, where demand for fast, dollar-denominated payments is outpacing traditional banking infrastructure. KAST plans to use the capital to expand in Latin America, North America and the Middle East, while accelerating licensing, compliance, product…

DBS has expanded its SecureFX service to all corporate customers in Singapore, widening access as businesses look for more certainty in volatile currency markets. The foreign exchange service, which launched in March 2025, allows businesses to lock in preferred rates for future-dated foreign currency payments through DBS IDEAL. DBS said the broader rollout will give more companies access to a tool that can help them better manage foreign exchange risk. The bank said around 60 percent of its Singapore SME foreign exchange customers with cross-border payment needs have used SecureFX since launch. It also said its latest Business Pulse Check…

Thredd has made two senior leadership changes as it expands its cloud-native platform and prepares to launch credit capabilities. The issuer processing platform has appointed Marilyn McDonald as Chief Technology Officer and promoted Ryan Dew to Chief Product Officer. McDonald succeeds Edwin Poot, who helped modernise the company’s technology stack. Thredd said its cloud-native global platform is now live in the United States, with end-to-end credit capabilities due to launch in the coming months alongside a new debit platform and unified ledger. The company said McDonald will focus on operational readiness, delivery and resilience as it expands embedded finance programmes…

SUNRATE has changed the name of its China-licensed entity from Transfar Pay to SUNRATE Pay following following regulatory approval. The renamed entity will serve as SUNRATE’s core operating platform in China, supporting local enterprises with cross-border payment needs. The Singapore-based payment and treasury management firm said it will focus on facilitating two-way fund flows, including helping businesses bring in international capital and expand abroad efficiently and compliantly. The change comes after SUNRATE secured a payment business licence in China in August 2025 through its acquisition of Transfar Pay. The company said the renaming reflects its efforts to deepen its presence…

Indonesia’s digital economy is not just growing; it is reshaping how millions transact every day. With strong consumer adoption, rapid digital payment growth, and coordinated infrastructure modernisation, the country is firmly positioned as Southeast Asia’s largest digital market through the next decade. According to Google–Temasek–Bain’s e-Conomy SEA research, Indonesia’s digital economy is projected to more than double to US$ 360 billion by 2030, fuelled by expansion in e-commerce, digital financial services, and a rapidly expanding base of connected consumers. At the centre of this transformation stands PT Jalin Pembayaran Nusantara (Jalin) – the institution quietly strengthening Indonesia’s national payment backbone.…