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    Payments

    Visa and Western Union Expand Partnership to Enhance Global Money Transfers

    Fintech News SingaporeMarch 6, 2024

    Visa and Western Union have entered into a seven-year agreement to significantly enhance the way money is sent across borders.…

    Payments

    Currencycloud Gets In-Principle Approval for Payments License From MAS

    Fintech News SingaporeMarch 6, 2024

    Currencycloud, a provider of B2B embedded cross-border solutions, has received in-principle approval for a Major Payment Institution (MPI) license from…

    Digital BankingThailand

    Thailand to Open Applications for Virtual Bank Licenses

    Fintech News SingaporeMarch 5, 2024

    Thailand’s Finance Ministry announced that it will begin accepting applications for virtual bank licenses within the next six months, aiming…

    Digital BankingFunding

    Singapore Gulf Bank Secures Funding From Bahrain’s Sovereign Wealth Fund

    Fintech News SingaporeMarch 5, 2024

    Bahrain’s sovereign wealth fund Mumtalakat announced an investment in Singapore Gulf Bank (SGB), a new digital bank founded by Whampoa…

    IndonesiaRemittance

    Wise to Discontinue E-Wallet Holdings in Indonesia Amid Licensing Challenges

    Fintech News SingaporeMarch 5, 2024

    Online money transfer service Wise announced that its users in Indonesia will no longer be able to store funds within…

    IndonesiaLending

    OJK Lifts Ban on Akulaku’s BNPL Service in Indonesia

    Fintech News IndonesiaMarch 5, 2024

    Indonesia’s Financial Services Authority (OJK) has lifted restrictions on the buy now, pay later (BNPL) service offered by fintech firm…

    EventsMoney20/20 AsiaThailand

    Money20/20 Asia Unveils Stellar Lineup: 120+ Speakers and Industry Experts Confirmed

    Fintech News SingaporeMarch 5, 2024

    Money20/20, the premier global fintech event, announces that over 120 speakers are confirmed and will be taking the stage at…

    Payments

    Thredd Strengthens Executive Team with Edwin Poot as Global CTO

    Fintech News SingaporeMarch 5, 2024

    Thredd, a growing global payments platform, has appointed Edwin Poot as its new Global Chief Technology Officer (CTO). Poot will…

    IndonesiaLending

    wagely Raises US$23M to Boost Earned Wage Access in Indonesia and Bangladesh

    Fintech News IndonesiaMarch 4, 2024

    wagely, an Indonesian earned wage access (EWA) firm, has raised US$23 million in a funding round comprising both equity and…

    Payments

    Cindy Ho to Lead FOMO Group’s Compliance Strategy in New Appointment

    Fintech News SingaporeMarch 4, 2024

    FOMO Group, a Singapore-based financial holding company, announced that it has appointed Cindy Ho as its new Group Head of…

    FundingIndonesiaLending

    Fairbanc to Enhance Indonesian Operations with US$13.3M Debt Financing

    Fintech News IndonesiaMarch 4, 2024

    B2B embedded finance startup Fairbanc has secured US$13.3 million in debt financing from digital lending arm of Pegadaian, a subsidiary…

    Security

    Over 61,000 Singaporeans Utilise “Money Lock”, Safeguarding Over S$5.4 Billion

    Fintech News SingaporeMarch 4, 2024

    More than 61,000 Singaporean bank accounts have utilised the “Money Lock” feature since its launch in November 2023, with over…

    Payments

    Airwallex Appoints New Execs, Plans U.S. Office Expansion After Revenue Surge

    Fintech News SingaporeMarch 4, 2024

    Airwallex, a global payments and financial platform, has announced several new appointments to its leadership team as well as expansion…

    Lending

    ShopBack to End BNPL Service in Singapore and Malaysia by 22 March

    Fintech News SingaporeMarch 4, 2024

    ShopBack, a shopping and rewards platform, revealed that it will be discontinuing its Buy Now, Pay Later (BNPL) service effective…

    Digital TransformationEventsSponsored

    Backbase ENGAGE Asia Forges Roadmap for Futuristic Banking Transformation

    Fintech News SingaporeMarch 4, 2024

    Platformification, modernisation, banking transformation, financial inclusion, digital innovation, composable journeys, and omnichannel experiences—these are not just objectives and aspirations, but…

    Crypto

    Alchemy Pay Aims to Launch Web 3.0 Digital Bank in 2024

    Fintech News SingaporeMarch 4, 2024

    Alchemy Pay, a global crypto payment service provider, has unveiled its strategic roadmap for 2024, focusing on expanding its payment…

    Payments

    Nium Now Licensed by Japan’s Regulator for Money Transfers Over US$300K

    Fintech News SingaporeFebruary 29, 2024

    Global payments platform Nium announced that it has secured a payments license to conduct higher-value financial transactions from Japan’s Financial…

    Security

    Singapore Sees Progress in Fight Against Phishing with Stronger Bank Safeguards

    Fintech News SingaporeFebruary 29, 2024

    Singapore’s fight against phishing scams saw notable progress in 2023, with a reported 16% decrease in cases and a 14%…

    PaymentsWealthtech

    Tiger Brokers Singapore Unveils Debit Card with Instant Fractional Share Rewards

    Fintech News SingaporeFebruary 29, 2024

    Xiaomi-backed online brokerage Tiger Brokers Singapore has collaborated with online money transfer service Wise to introduce the Tiger BOSS debit…

    LendingThailandVietnam

    SCBX Inks US$860M Deal to Fully Acquire Home Credit Vietnam

    Fintech News VietnamFebruary 29, 2024

    SCBX, the financial technology business group of Siam Commercial Bank, has inked a deal to fully acquired consumer finance firm…

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