JaiDee, a joint venture between DeeAlpha and Seedflex, has launched Pay-As-You-Sell Advance in Thailand, a revenue-linked merchant financing product for small and medium enterprises (SMEs). The service offers working capital based on verified sales history, with repayments made through a fractional deduction from future sales instead of fixed monthly instalments. JaiDee said the product operates under Bank of Thailand regulatory standards and uses DeeMoney’s financial infrastructure, while Seedflex provides the technology behind the dynamic repayment engine. Merchants can apply fully online, with pre-approval based on verified sales data. The service is also embedded into e-commerce platforms, point-of-sale systems and payment…
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HSBC has appointed Desmond Kuang to the Chief Investment Officer role for Asia in its Private Bank and Premier Wealth business, effective 6 July 2026. In the role, Kuang will be responsible for developing regional investment strategies and themes across all asset classes for HSBC’s private banking and premier clients in Asia, excluding Hong Kong. He is also an active member of the bank’s Global Investment Committee, which periodically analyses and develops asset allocation strategies for clients. Kuang has 20 years of experience in banking and has held leadership roles across asset management and investment research. He is currently Chief…
ClearBank has signed Tazapay as its first Singapore client, giving the payments firm access to UK and European payment rails. The ClearBank Tazapay Singapore partnership will allow Tazapay to use ClearBank UK’s infrastructure for real-time settlement and compliant fiat interoperability across the UK and Europe. Tazapay is also ClearBank’s fifth non-resident client headquartered in Asia to join this year. Singapore-based Tazapay provides cross-border payments infrastructure for merchants and platforms in more than 170 countries. Its platform supports over 80 local payment methods, multicurrency virtual accounts and local payouts in more than 100 markets. The integration links ClearBank’s clearing infrastructure with…
CoinGecko has rolled out new market intelligence tools and a partner platform as it moves beyond its core price tracking business. The expansion comes amid a more fragmented crypto market, with more than 36 million tokens, hundreds of blockchains and rising interest in areas such as AI-driven workflows and tokenised real-world assets. The company is also responding to growing demand for more reliable data, context and infrastructure across user-facing applications and developer tools. “The crypto market has grown increasingly complex in the last three years, but the tools most investors use haven’t kept pace. Better data leads to better decisions,…
London-based 9fin is launching its AI-powered debt market intelligence platform in the APAC region. The company is establishing teams in Hong Kong, Singapore, and India to offer real-time bond and loan data to local financial institutions. The 9fin APAC launch follows a US$170 million Series C funding round in March 2026. The platform uses AI to analyse legal documents and track credit signals, allowing users to navigate public and private debt markets. The expansion comes as the region sees an increasing divergence between public and private debt. Primary bond issuance in Asia excluding Japan reached US$42 billion in January before…
Ant International has upgraded its Alipay+ wallet gateway, with privacy enhancing technology (PET) now used across all critical operations. Alipay+ connects 150 million merchants and 1.8 billion consumer accounts through partner wallets. The company said the update makes it the first live digital payment platform to fully deploy privacy enhancing technology across its payment process. PETs allow data to be processed and analysed while protecting sensitive information. Ant International noted that data handled through Alipay+ is encrypted before processing and remains unidentifiable to the company throughout the payment flow. The update is intended to help partners manage cross-border payments while…
Fime has introduced FACT, a trust framework for agentic commerce as AI agents begin taking on a bigger role in payments. FACT, short for Framework for Agentic Commerce Trust, is aimed at helping financial institutions, merchants and other payment players manage transactions initiated by artificial intelligence agents. As AI systems move beyond assisting users and start acting on their behalf, they are beginning to search, negotiate and complete transactions independently. Existing payment and trust infrastructure was not built to govern those decisions, creating new risks around compliance, fraud and accountability. Fime described FACT as a neutral trust layer between AI…
The payment landscape in Asia-Pacific (APAC) is undergoing a significant transformation, fueled by real-time payment rails, government initiatives, and evolving customer preferences. This collection of reports and interviews offers a comprehensive snapshot of the region’s payment ecosystem, painting a picture of resilience, innovation, but also emerging risks. They tackle emerging trends and critical topics including the mass adoption of biometric “face pay” in China, the regulatory challenges of instant cross-border payments, and the proliferation of AI-driven fraud activity. These resources aim to provide industry stakeholders with the essential intelligence needed to navigate this rapidly evolving landscape. Digital-First by Design: How…
Thunes has expanded its network to New Zealand with the launch of real-time pay-to-bank transfers. The service allows members of the Thunes Direct Global Network to send New Zealand dollars directly to bank accounts in the country for both consumer and business transactions. Payments can be made through a direct API integration with Thunes or through existing Swift connectivity. The launch extends Thunes’ cross-border payment coverage in Asia Pacific and gives network members another option for sending funds into New Zealand. The service is aimed at faster and more transparent cross-border payments. Thunes linked the rollout to New Zealand’s broader…
Nium has partnered with Coinbase to let businesses send, receive and settle USDC across its global payments platform. The integration is now live for Nium clients, with Coinbase providing the stablecoin payment infrastructure, liquidity, wallet services and regulated custody. The partnership gives clients a way to send and receive stablecoins and convert USDC into fiat for payouts through a single platform that connects onchain and traditional payment rails. Prajit Nanu, CEO and Founder of Nium, said, “The future of money movement is multi-rail. Fiat and onchain infrastructure will increasingly work together, not in isolation. This partnership with Coinbase makes that…
Gautam Gorki has joined JPMorganChase as Managing Director and Chief Analytics Officer for Asia Pacific. He brings more than two decades of experience in financial services, data and digital transformation across Asia. Gautam joins the bank from Deloitte, where he served as Partner and Lead of AI and Data for the Financial Services Industry in Southeast Asia. During his nearly three-year tenure, he was responsible for strategic growth, client engagement and capability development, including leading Deloitte’s first generative AI implementation for a major Southeast Asian bank. Prior to that, Gautam spent more than nine years at DBS Bank, where he…
dLocal, a cross-border payments platform connecting global merchants to emerging markets, announced the launch of Stablecoin Full at Money20/20 Asia today. The dLocal stablecoin solution enables merchants to collect, convert, and pay out funds using stablecoins across high-growth economies. The company shared that Stablecoin Full enables global merchants to accept and send payments in stablecoins, fund and settle transactions in digital assets, and optimise their treasury operations across 44+ emerging markets. This is done through a single API. Marcelo Dutilh, the Product Lead for Stablecoins at dLocal, shared, “Emerging Markets are where the next wave of digital consumers is coming…
The latest EBANX expansion adds six more markets to its recurring alternative payments offering across Southeast Asia, Africa and Latin America. The expansion covers the Philippines, Indonesia, Thailand, South Africa, Colombia and Peru. It is aimed at global merchants offering subscription-based services such as streaming, software and gaming. With the latest rollout, EBANX now supports recurring alternative payments in 12 emerging markets. Its existing coverage includes India, Brazil, Mexico, Chile, Argentina and Uruguay. This gives merchants access to more than 1 billion users of alternative payment methods across those markets. In Southeast Asia, the new options include Maya and GCash…
MetaComp has rolled out a new framework to govern how an AI agent operates across regulated financial services. Known as the StableX Know Your Agent (KYA), the framework sets out how AI agents are identified, authorised and monitored across payments, compliance and wealth workflows. The framework was unveiled at Money20/20 Asia in Bangkok and is open for adoption by financial institutions, regulators and network partners. “AI agents are already operating in financial services — initiating payments, making compliance decisions, managing portfolios. And yet there is no agreed standard for who those agents are, what they are permitted to do, or…
Identity firm AU10TIX has named four new senior executives across the United States, the United Kingdom and Singapore, part of a leadership build-out to support global enterprise growth. For the AU10TIX leadership appointments, the company has appointed Uval Daniel as VP APAC (Singapore). Meanwhile, Carol Grunberg is the Chief Partnerships Officer (U.S.), Michael Harriss is the Chief Revenue Officer (U.K.), and Mollie Benoni is the General Manager & VP, Business Development (U.S.). The appointments support the company’s global expansion plans, and the new leaders bring expertise related to enterprise tech, partnerships, and go-to-market strategy. Uval Daniel leads AU10TIX’s expansion across…
Chocolate Finance is launching a 10-day gamified campaign in Singapore, allowing eligible Singapore residents to win HeyMax Miles through four mobile games. The competition, which runs from 27 April to 6 May 2026, offers up to 10 million HeyMax Miles, which can be redeemed for flights, hotels, vouchers and travel experiences. The games are open to eligible Singapore residents aged 18 and above. While participants do not need to be Chocolate Finance customers to play, winners must open an account, activate their card and link it to HeyMax to receive their rewards. The microsite features four games based on simple…
DBS has introduced multidisciplinary Alpha squads within its legal and compliance function as growing regulatory complexity pushes the bank to break down internal silos. The Business Times reported that the programme, launched last July, groups legal, compliance and financial crime specialists into 10 five-member teams to handle matters that increasingly cut across those areas. The model is meant to simplify internal coordination by reducing the number of teams stakeholders need to engage on a single issue. That has become more relevant as questions involving sanctions, digital assets and financial crime increasingly span multiple functions. Alpha team members also have access…
Standard Chartered and A*STAR are jointly investing S$15 million in a new Singapore lab focused on AI applications for banking and financial services. The three-year partnership will establish an AI for Banking Innovation Lab with A*STAR’s Institute of High Performance Computing, bringing together scientists, researchers and the bank’s internal teams to develop applied tools for financial services. The collaboration builds on earlier work between SC Ventures and A*STAR IHPC. Initial areas of focus include portfolio optimisation, fraud detection and natural language processing. One project already underway is developing a natural language interface that lets relationship managers query structured databases without…
Sea has established an AI Centre of Excellence in Singapore to deepen its in-house AI capabilities and speed up deployment across its businesses. The centre was set up with support from Digital Industry Singapore, a joint office of the Economic Development Board, Enterprise Singapore and the Infocomm Media Development Authority. The initiative will support both AI research and business applications, while advancing its proprietary technology stack and broader ambition to become an AI-native company. The AI CoE will focus on foundation model development, evaluation frameworks and internal tooling, while also turning research into production-ready applications that can be deployed at…
OCBC, Lion Global Investors and DigiFT have launched the GOLDX token, describing it as Southeast Asia’s first tokenised physical gold fund available on a public blockchain. The token will be issued on Ethereum and Solana and gives institutional investors and corporate accredited investors on-chain exposure to the LionGlobal Singapore Physical Gold Fund, which is managed by Lion Global Investors. Through DigiFT, eligible investors can subscribe using stablecoins or fiat currencies, receive the token in their blockchain wallets and later redeem it for stablecoins or fiat currencies. According to OCBC, the launch of the tokenised physical gold fund brings together three…