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    InsurTech

    The Top 4 APAC Insurtechs According to CB Insights

    Fintech News SingaporeSeptember 9, 2024

    Four startups from Asia-Pacific (APAC) have been featured in the 2024 CB Insights Insurtech 50, earning recognition as among the…

    Digital Assets

    JST Digital’s Singapore Arm Gets In-Principle Approval for Crypto Payment Services

    Fintech News SingaporeSeptember 9, 2024

    JST Digital, a financial services firm focused on digital assets, announced that its Singapore subsidiary has received in-principle approval from…

    Various

    8 Southeast Asian Fintechs Featured in Forbes Asia 100 to Watch List

    Fintech News SingaporeSeptember 5, 2024

    Eight fintech startups from Southeast Asia have been named among this year’s Forbes Asia 100 to Watch list, recognized for…

    IndonesiaVietnam

    GoTo Winds Down Vietnam Operations Amid Intense Ride-Hailing Competition

    Fintech News IndonesiaSeptember 5, 2024

    Indonesian ride-hailing provider GoTo Group is pulling out of Vietnam, abandoning a market where it faced fierce competition, as it…

    Digital AssetsThailand

    Thai SEC Updates Rules for Digital Asset Payments, Opens Door to BOT Sandbox

    Fintech News SingaporeSeptember 5, 2024

    The Securities and Exchange Commission (SEC) in Thailand announced upcoming regulatory changes concerning the use of digital asset payments. Beginning…

    AIPayments

    Revolut Launches BillPay to Simplify Business Payments

    Fintech News SingaporeSeptember 5, 2024

    Global neobank Revolut has launched a new feature called BillPay, aimed at helping businesses streamline their bill management and payment…

    Payments

    iFAST Global Bank Launches EzRemit for Transfers to 50+ Countries

    Fintech News SingaporeSeptember 4, 2024

    iFAST Global Bank (iGB), the UK digital banking arm of iFAST Corporation, has launched EzRemit, a new cross-currency transfer service…

    Payments

    TerraPay Appoints Ralph Koker as Global Head of Products

    Fintech News SingaporeSeptember 4, 2024

    Payments infrastructure company TerraPay has announced the appointment of Ralph Koker as its Global Head of Products. Koker’s role at…

    E-walletsFinancial InclusionThailand

    Thai Government Adjusts Digital Wallet Handout Plan to Include Cash Payments

    Fintech News SingaporeSeptember 3, 2024

    Thailand’s Prime Minister Paetongtarn Shinawatra announced that a portion of the government’s 450 billion baht (US$13.1 billion) “digital wallet” handout…

    Digital BankingFinancial Inclusion

    OCBC Bank to Offer Digital Bank Accounts for Children Aged 7-15 from October

    Fintech News SingaporeSeptember 3, 2024

    OCBC Bank is set to offer Generation Alpha—children born after 2009—their own digital bank accounts through the OCBC MyOwn Account,…

    Big DataRegtech

    Sumsub’s New Solution Helps APAC Firms Navigate Data Privacy Regulations

    Fintech News SingaporeSeptember 3, 2024

    Global verification provider Sumsub has introduced Local Data Processing (LDP) capabilities in the Asia-Pacific (APAC) region. The new infrastructure now…

    AISecurityThailand

    15,000 Blacklisted and 34,000 Accounts Suspended in Thai Banking Fraud Crackdown

    Fintech News SingaporeSeptember 3, 2024

    The Thai Bankers Association (TBA) has blacklisted 15,000 individuals and suspended 34,000 bank accounts connected to call-center scam operations, according…

    Security

    Singapore Police May Gain Power to Block Scam Transfers Without Victim Consent

    Fintech News SingaporeSeptember 3, 2024

    Singapore’s Ministry of Home Affairs (MHA) has announced plans to introduce the Protection from Scams Bill in the coming months…

    Digital Assets

    OKX Singapore Gets Crypto Payments License, Names Grab Alum as CEO

    Fintech News SingaporeSeptember 2, 2024

    The Singapore subsidiary of crypto exchange OKX has received a Major Payment Institution (MPI) license from the Monetary Authority of…

    Various

    DBS’ Jeremy Soo to Succeed Susan Hwee as NETS Chairman

    Fintech News SingaporeSeptember 2, 2024

    Network for Electronic Transfers (NETS) has announced the appointment of Jeremy Soo, Managing Director and Head of Consumer Banking Group…

    CambodiaKoreaPayments

    South Korean Tourists Can Now Pay with QR Codes in Cambodia

    Fintech News SingaporeSeptember 2, 2024

    Cambodia and South Korea have officially launched a new cross-border payment system. This system, currently in its first phase, allows…

    Digital Banking

    OCBC Singapore Users Faced Temporary Online Banking Disruption

    Fintech News SingaporeSeptember 2, 2024

    Singapore’s OCBC Bank experienced technical difficulties on 1 September (Sunday) that temporarily disrupted its internet and mobile banking services. Customers…

    FundingIndonesiaLending

    Validus Raises US$50M Debt Funding from HSBC to Boost Indonesian SME Lending

    Fintech News IndonesiaSeptember 2, 2024

    Singapore-based digital SME lending platform Validus has secured a debt funding of up to US$50 million debt funding from HSBC,…

    AIPaymentsSecurity

    Stripe Unveils AI-Powered Tools for Payments, Pricing, and Fraud Prevention

    Fintech News SingaporeAugust 29, 2024

    Payments firm Stripe has announced several new features aimed at enhancing cross-border commerce in Asia, including AI-powered payment tools and…

    AI

    SoftServe Unveils Gen AI Solutions Powered by NVIDIA Technology

    Fintech News SingaporeAugust 29, 2024

    SoftServe, a global IT consulting and digital services firm, has introduced its Gen AI Solutions, enhanced with NVIDIA NIM Agent…

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