Tyme Group, a digital bank group operating across Africa and Southeast Asia, has raised US$250 million in its Series D…
Singapore’s Shared Responsibility Framework (SRF) for phishing scams started today, officially implemented by the Monetary Authority of Singapore (MAS) and…
Allianz has officially withdrawn its pre-conditional voluntary cash offer to acquire a majority stake in Income Insurance, a deal initially…
Equinix, a provider of digital infrastructure solutions, has announced the appointment of Cyrus Adaggra as its new President for the…
The financial industry is standing on the brink of a profound transformation. For decades, banks have innovated around functionality—streamlining transactions,…
Since the pandemic, fraud and scams have surged significantly, with mature markets like Singapore and Hong Kong facing increasingly complex…
Bank Indonesia has announced the successful completion of the Proof of Concept (PoC) for the wholesale Rupiah Digital under its…
Singapore’s digital bank, Trust Bank, has launched a new feature called Savings Pots, designed to help customers save more effectively…
Allianz is reportedly on the brink of halting its planned acquisition of Income Insurance in Singapore, valued at US$2.2 billion,…
UOB announced that Leong Yung Chee will succeed Lee Wai Fai as Group Chief Financial Officer (CFO). Lee, who has…
The Australian Securities and Investments Commission (ASIC) has launched legal proceedings against HSBC Australia, alleging systemic failures in protecting customers…
The growing adoption of stablecoins across Asia marks a significant shift in the region’s financial landscape. Traditionally, U.S. dollar-pegged stablecoins…
In recent years, Indian startup founders have increasingly turned to venture debt (VD) as a strategic fundraising tool. This financing…
HSBC Holdings is intensifying efforts to cut costs under CEO Georges Elhedery, aiming to save at least US$3 billion by…
The State Bank of Vietnam (SBV) and the National Bank of Cambodia (NBC) announced the successful implementation of a cross-border…
KAST, a fintech platform focused on stablecoins, has raised US$10 million in a seed funding round led by HSG (HongShan…
Circle Internet Group and world’s largest crypto exchange Binance have formed a strategic partnership to expand the use of USDC,…
Since Singapore launched its first digital bank in 2022, five digital banks—GXS Bank, MariBank, ANEXT Bank, Green Link Digital Bank,…
Several major Southeast Asian lenders eyeing the controlling stake in Bank Pan Indonesia (Panin Bank). OCBC and CIMB have emerged…
Ripple’s USD-backed stablecoin, RLUSD, has received final approval from the New York Department of Financial Services (NYDFS). The announcement was…