The Bank for International Settlements (BIS) and a group of central banks have successfully completed Project Mandala demonstrating automated compliance…
The value of gross digital payments across the six largest ASEAN economies is forecasted to rise to close to US$1.2…
The Monetary Authority of Singapore (MAS) and the Infocomm Media Development Authority (IMDA) will implement the Shared Responsibility Framework (SRF)…
Twelve Swiss companies representing various aspects of the Swiss financial system will participate in the Singapore Fintech Festival 2024 (SFF…
Australia has unveiled a three-year initiative to explore the potential of central bank digital currencies (CBDCs) with a focus on…
Emirates NBD has entered a strategic agreement with Singapore-based blockchain platform Partior to improve its cross-border payment capabilities. The partnership…
The BIS Innovation Hub (BISIH) Singapore Centre has announced the next phase of Project Nexus, aimed at making instant cross-border…
In Southeast Asia, demand for digital lending solutions is on the rise, driven by shifts in customer expectations, regulatory changes,…
Singtel, a Singaporean telecoms conglomerate, has reached an agreement to sell its mobile wallet, Dash, to Western Union. The deal,…
HSBC Holdings is preparing to reduce its senior management roles as part of an extensive restructuring effort aimed at cutting…
Today’s consumers often use multiple channels to initiate, modify, and complete retail transactions, expecting all previous interactions to be considered…
Regional insurtech Igloo has launched a new direct-to-consumer platform, igloo.co.id, in Indonesia. The igloo.co.id provides information on coverage and policies,…
Komainu, a regulated digital asset custodian, has announced its intention to acquire Propine Holdings, a Singapore-based digital asset custody provider.…
HSBC Holdings’ new CEO, Georges Elhedery, has introduced the most extensive restructuring of the bank in over a decade, aimed…
11 fintech startups from Singapore have been recognized in the inaugural NextGen Tech 30, a prestigious award celebrating Southeast Asia’s…
In Asia-Pacific (APAC), fraud is becoming an increasingly serious challenge for financial institutions, an issue that has been exacerbated by…
Banking software provider Temenos has introduced a new service designed to make cross-border payments faster and more affordable. The Temenos…
Indonesia’s Financial Services Authority (OJK) has revoked the business license of PT Investree Radhika Jaya (Investree), a peer-to-peer lending platform.…
My recent working paper, conducted in collaboration with Singapore Management University, reveals that over 40% of surveyed experts expect high or…
Global financial software provider Finastra unveiled its Loan IQ Simplified Servicing solution at Sibos 2024. The new solution is designed…