A group of minority shareholders has expressed dissatisfaction with OCBC’s final bid to purchase the remaining shares of Great Eastern,…
Amazon Web Services (AWS) has unveiled a US$230 million commitment to support generative AI startups globally. This initiative aims to…
Singapore’s Income Insurance Limited has announced that it is currently in discussions with Allianz regarding a potential transaction involving Income…
Wise, a global online money transfer service, has partnered with Nubank, a Brazilian digital bank that serves over 100 million…
The Singapore government is set to introduce a unified SMS Sender ID, gov.sg, for all its agencies starting 1 July…
iPiD, a provider of payment verification solutions, has announced that its Global Bank Account Validation Deployment Kit is now available…
In the rapidly evolving digital landscape, traditional credit cards face the challenge of staying relevant amidst the rise of digital…
Banks are sitting on a treasure trove of data, their customers’ transactions. Yet most banks are neglecting to tap into…
From innovative fintech startups to institutions, the race to create a more efficient cross border payments in Asia is intensifying.…
OCBC has introduced OCBC Ignite, an accelerated banking career programme aimed at benefiting 500 polytechnic students over the next three…
DBS Group is targeting S$500 billion (US$369.7 billion) in assets under management for its wealth business by the end of…
Stablecoin issuer Paxos has announced a 20% workforce reduction, affecting about 65 employees. Despite the layoffs, the company reportedly remains…
The Bank for International Settlements (BIS) Innovation Hub and the Monetary Authority of Singapore (MAS) have developed a blueprint -…
Rapid globalisation and available technological advancements have spurred the demand for more efficient, transparent, and accessible cross-border payment systems. Multilateral…
Lexasure, a reinsurance and insurtech solutions provider, and OneDegree Global, known for its IXT insurtech solutions and cybersecurity services, have…
Prudential plc has announced the appointment of Grace Park as its new Chief Data, Analytics & AI Officer, effective 7…
UOB and Enterprise Singapore have launched the Sustainability-Linked Advisory, Grants and Enablers (SAGE) programme, targeting small and medium-sized enterprises (SMEs).…
Appian, a software company that automates business processes, and Swiss Re have expanded their partnership to streamline the life insurance…
The Infocomm Media Development Authority (IMDA) of Singapore and Hong Kong’s Office of the Communications Authority (OFCA) have signed a…
Daranee Saeju, Assistant Governor of Payment System Supervision and Financial Service User Protection at the Bank of Thailand (BoT), announced…