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    InsurTech

    Allianz Plans to Acquire 51% Stake in Income Insurance for S$2.2 Billion

    Fintech News SingaporeJuly 17, 2024

    Allianz has announced plans to acquire a majority stake in Singapore’s Income Insurance through its subsidiary, Allianz Europe B.V. The…

    Various

    Georges Elhedery to Succeed Noel Quinn as HSBC Group CEO

    Fintech News SingaporeJuly 17, 2024

    HSBC has announced the appointment of Georges Elhedery as Group Chief Executive Officer (CEO), effective 2 September 2024. Elhedery, who…

    Digital Assets

    StraitsX Secures MAS Licenses for Stablecoin Issuance, Crypto Payments

    Fintech News SingaporeJuly 17, 2024

    StraitsX, a digital asset payments infrastructure provider in Southeast Asia, has received Major Payment Institution (MPI) licenses from the Monetary…

    AIE-walletsPayments

    GoTo Rolls Out Dira, an AI Voice Assistant on the GoPay App

    Fintech News IndonesiaJuly 17, 2024

    PT GoTo Gojek Tokopedia Tbk has introduced “Dira by GoTo AI,” an AI-enabled fintech voice assistant in Bahasa Indonesia. This…

    E-commerceIndonesia

    GIC Explores Potential Sale of Minority Stake in Bukalapak

    Fintech News IndonesiaJuly 17, 2024

    Singapore’s sovereign wealth fund, GIC, is considering selling its minority stake in Bukalapak, an Indonesian e-commerce platform, sources told DealStreetAsia.…

    Digital AssetsFunding

    Haruko Raises US$6M for SE Asia Expansion in Digital Asset Management

    Fintech News SingaporeJuly 17, 2024

    Haruko, a digital asset investment management platform based in London, has announced a US$6 million funding round as it expands…

    Various

    5 Temasek Fintech Investments Impacting Asia’s Financial Future

    Johanan DevanesanJuly 17, 2024

    Temasek Holdings Limited, established in 1974 as a Singapore holding company, has transformed into a global investment powerhouse with interests…

    Payments

    Temenos and Visa Join Forces to Simplify Cross-Border Payments for Banks

    Fintech News SingaporeJuly 16, 2024

    Banking software provider Temenos and global payments leader Visa have announced a collaboration to simplify and streamline cross-border payments for…

    Digital BankingRegtech

    Complex eKYC Hinder Singapore’s Digital Banking Adoption, Says FICO

    Fintech News SingaporeJuly 16, 2024

    Global analytics software leader FICO unveiled its latest global consumer fraud research, highlighting that complex identity checks are stalling Singapore’s…

    IndiaInsurTechRegtechSponsored

    India’s GIC Re Chooses SAP Fioneer to Drive IFRS 17 Transition

    Fintech News SingaporeJuly 16, 2024

    India’s largest state-run reinsurer GIC has selected SAP Fioneer, a software solution provider for financial services, to enhance its compliance…

    PaymentsSponsoredStudies

    95% of Singapore Travel Firms Eye Payment Tech Upgrades as Top Priority

    Fintech News SingaporeJuly 16, 2024

    The travel industry, once central to global commerce, has seen major changes due to the COVID-19 pandemic – especially in…

    Payments

    China’s XTransfer Gets In-Principle Approval for Singapore Payment License

    Fintech News SingaporeJuly 16, 2024

    XTransfer, a Chinese B2B cross-border trade payment platform, has received in-principle approval from the Monetary Authority of Singapore (MAS) for…

    IndonesiaKoreaPayments

    Indonesia, South Korea Central Banks Ink Cross-Border Payments MOU

    Navina VivekanandanJuly 16, 2024

    Bank Indonesia (BI) and the Bank of Korea (BoK) have signed a memorandum of understanding (MOU) on cross-border payments. This…

    Digital Banking

    Natalia Goh Now MariBank CEO Following Tenure as COO at Trust Bank

    Fintech News SingaporeJuly 16, 2024

    Natalia Goh has been appointed as the new CEO of MariBank, a digital bank licensed by the Monetary Authority of…

    Payments

    Thunes Strengthens Leadership with Sigrid Hulsebosch as New CFO

    Fintech News SingaporeJuly 16, 2024

    Global payments company Thunes has named Sigrid Hulsebosch as its new Chief Financial Officer (CFO). Hulsebosch will be responsible for…

    Digital AssetsThailand

    Rakkar Digital Named Custodian for Thai’s Largest Crypto Exchange Bitkub

    Fintech News SingaporeJuly 16, 2024

    Bitkub Exchange, Thailand’s largest digital asset exchange, has named Singapore-based Rakkar Digital as its official digital asset custodian. This partnership…

    Various

    Thought Machine and Quantifeed Team to Modernise Banking, Wealth Management

    Fintech News SingaporeJuly 15, 2024

    Cloud-native banking technology firm Thought Machine and Quantifeed, a leading provider of digital wealth management solutions, have  announce a new…

    Payments

    Ant International and BNP Paribas Partner to Enhance Cross-Border Payments in Europe

    Fintech News SingaporeJuly 15, 2024

    Ant International and BNP Paribas have entered a strategic partnership to enhance cross-border payment solutions for European merchants and consumers.…

    Various

    AIA Singapore Appoints Afees Ashroff as New CTO

    Fintech News SingaporeJuly 15, 2024

    AIA Singapore announces the immediate appointment of Afees Ashroff as its new Chief Technology Officer (CTO). He will report to…

    FundingPayments

    Temasek-backed Partior Ledger Expands Following US$60M+ Series B Investment

    Fintech News SingaporeJuly 15, 2024

    Partior, a fintech known for its global unified ledger based interbank rails for real-time clearing and settlement, has announced the…

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