In the dynamic landscape of the Asian payments industry, a palpable shift is underway – one characterised by the rapid…
PEXX, a fintech startup specialising in stablecoin cross-border payments, has acquired Singapore-based blockchain media platform Chain Debrief. The acquisition, made…
More than 300 suspicious bank accounts were frozen, and over S$1.8 million was seized in a joint operation between the…
A mix of Thai and regional business groups, including SeaMoney Thailand, SCB X, CP Group, Gulf Energy, and VGI, are…
Indonesia’s Financial Services Authority (OJK) has introduced a Digital Resilience Guide aimed at bolstering the resilience of Indonesia’s banking industry…
MSIG Insurance has partnered with intermediary Embed Global to streamline the business insurance purchasing process for SMEs via WhatsApp. This…
Insurtech firm Igloo has teamed up with TrueMoney, Thailand’s e-payment and financial services provider, to offer insurance products directly through…
Fintech startups in Southeast Asia secured a total of US$899 million in funding in H1 2024, a 25% year-on-year (YoY)…
Singapore’s digital bank Trust has expanded its range of financial products with the launch of two new loan offerings, Split…
The National Bank of Cambodia has introduced the Bakong Tourists app, designed to simplify payments for international visitors. Launched on…
There has been fresh investor interest in digital assets in recent times, thanks largely to supportive regulatory action. The approval…
A transnational money laundering syndicate operating in Hong Kong has been dismantled through a collaborative effort between the Singapore Police…
In Q2 2024, fintech startups in Asia raised US$1.2 billion in venture capital (VC), bringing the total VC funding for…
Payments giant Mastercard plans to lay off 3% of its workforce in a move that will affect around 1,000 employees…
Airwallex, a global payments and financial platform, has surpassed US$100 billion in annual processing volume, marking a 73% year-on-year increase.…
Prudential has announced an expanded strategic partnership with Google Cloud to introduce AI-driven products and applications aimed at enhancing experiences…
DCS Innov, a subsidiary of DCS Fintech Holdings, has acquired HolyWally, a Wallet-as-a-Service (WaaS) platform provider. This acquisition supports DCS…
UOB is set to relocate certain back and middle-office operations to Malaysia, primarily in Kuala Lumpur, according to The Business…
Standard Chartered has announced an update to its group management team, with Alex Manson, CEO of SC Ventures, joining the…
The Monetary Authority of Singapore (MAS) has joined forces with DBS, HSBC, OCBC, UOB, SPTel, and SpeQtral to explore quantum…