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    Digital Banking

    Singapore’s ANEXT Bank Reports Doubling of Its MSME Clients

    Fintech News SingaporeJune 6, 2024

    ANEXT Bank, a digital wholesale bank based in Singapore and a subsidiary of Ant International, has reported a substantial increase…

    FundingIndiaLending

    Indian Fintech Fibe Secures US$90 Million in Series E Funding to Fuel Expansion

    Fintech News SingaporeJune 6, 2024

    Fibe, an Indian consumer lending fintech formerly known as EarlySalary, has raised US$90 million in a Series E funding round.…

    AustraliaLending

    Buy Now, Pay Later to Be Regulated Like Other Credit Products in Australia

    Fintech News SingaporeJune 6, 2024

    Australia will introduce new legislation to amend the Credit Act, requiring Buy Now, Pay Later (BNPL) providers to hold an…

    Payments

    Thredd Taps Discover Global Network to Accelerate APAC and Europe Expansion

    Fintech News SingaporeJune 6, 2024

    Thredd, a growing global payments platform, has announced its partnership with Discover Global Network at the Money20/20 Europe event. This…

    InsurTech

    The Biggest Tech Trends in Asia’s Insurance Sector

    Fintech News SingaporeJune 5, 2024

    In 2024, the insurance industry faces challenges caused by the rise in property and auto rates due to inflation, geopolitical…

    Regtech

    Sumsub’s KYC Product Now Available to Mastercard Customers

    Fintech News SingaporeJune 5, 2024

    Sumsub, a global verification platform, has announced its partnership with the Mastercard Engage Partner Programme. This collaboration focuses on providing…

    FundingPayments

    Former Swift Execs’ Fintech iPiD Raises US$5.3M in Pre-Series A

    Fintech News SingaporeJune 5, 2024

    International Payment Identity (iPiD), a Singapore-based fintech that recently joined Visa’s 2024 Accelerator Programme, has raised US$5.3 million in a…

    Security

    Visa Issues 10 Billion Tokens, Thwarts US$650 Million in Fraud

    Fintech News SingaporeJune 5, 2024

    Payment giant Visa announced at Money20/20 in Amsterdam that it has issued 10 billion tokens through its tokenisation technology. This…

    FundingPayments

    Nium Now Valued at US$1.4 Billion with Latest US$50 Million Series E Fundraise

    Fintech News SingaporeJune 5, 2024

    Global payments company Nium has raised US$50 million in a Series E funding round, valuing the company at US$1.4 billion.…

    CloudInsurTech

    Singlife Completes Migration to AWS, Now Singapore’s First Cloud-Native Insurer

    Fintech News SingaporeJune 5, 2024

    Homegrown financial services company Singlife has successfully completed its migration to Amazon Web Services (AWS). The firm claims to be…

    Wealthtech

    HSBC to Launch Three Wealth Centres in Singapore by Early 2025

    Fintech News SingaporeJune 5, 2024

    HSBC announced that it is set to open three new wealth centres in Singapore by the first quarter of 2025.…

    Payments

    Temenos and Mastercard to Expand Cross Border Payment Options for Banks

    Fintech News SingaporeJune 5, 2024

    Banking software company Temenos has announced a partnership with Mastercard to provide banks and their customers with more options for…

    BlockchainPayments

    New BIS Project Explores Wholesale CBDC for Faster, Cheaper Cross Border Payments

    Fintech News SingaporeJune 5, 2024

    The Bank for International Settlements (BIS) has launched Project Rialto to test the potential for improving instant cross-border payments through…

    Payments

    HitPay Secures Payment License from MAS

    Fintech News SingaporeJune 5, 2024

    HitPay, a Singapore-based commerce platform for SMEs, has secured a Major Payment Institution (MPI) license from the Monetary Authority of…

    CloudDigital Banking

    Finastra Powers Rapid Launch of Bhutan’s Digital Bank ORO in Six Months

    Fintech News SingaporeJune 4, 2024

    ORO Bank, touted as Asia’s first full-reserve digital bank, leveraged global financial software provider Finastra’s SaaS core banking solution to…

    Green Fintech

    IDEMIA Launches GREENPAY Wallet for Regenerative Sustainability in Banking

    Fintech News SingaporeJune 4, 2024

    IDEMIA Secure Transactions has introduced the GREENPAY Wallet, a new digital solution aimed at promoting regenerative sustainability in the banking…

    Various

    4 Trends Shaping How We Combat Money Laundering In Asia Pacific

    Fintech News SingaporeJune 4, 2024

    The Asia-Pacific (APAC) region faces significant challenges in combating money laundering due to its diverse economies, large volume of cross-border…

    AI

    What’s Holding Singapore’s AI Ambitions Back?

    Fintech News SingaporeJune 3, 2024

    In the financial services industry, artificial intelligence (AI) is emerging as a transformative force, promising to reshape the way institutions…

    InsurTechSecurity

    Asia Pacific’s Cyber Insurance Growth Project to Triple Next Year

    Fintech News SingaporeJune 3, 2024

    Asia-Pacific (APAC) is one of the fastest-growing regions for cyber insurance, according to a S&P Global survey. Over the past…

    FundingIndonesia

    Top 8 Fintech Investors in Indonesia Fueling The Revolution

    Fintech News SingaporeJune 3, 2024

    Indonesia’s fintech landscape is booming. Over the past decade, the number of fintech players in Indonesia increased six-fold, rising from…

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