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    Digital Transformation

    Citi to Pilot Digital Platform for Commercial Banking Clients in Singapore, India, HK

    Fintech News SingaporeJuly 11, 2023

    Citi announced that it will pilot its new platform in the second half of 2023 across Singapore, India, Hong Kong,…

    Crypto

    IMF Shows How Central Banks Can Learn from E-Money for CBDC Success

    Rebecca OiJuly 10, 2023

    As emerging technologies converge, the world is steered towards new digital money and payment forms. With over 100 countries exploring…

    Payments

    FIS Sells 55% Stake in Worldpay to GTCR in US$11.7 Billion Deal

    Fintech News SingaporeJuly 10, 2023

    Global payments service provider FIS has signed a definitive agreement to sell a majority stake in its Worldpay Merchant Solutions…

    Payments

    Finmo Eyes Singapore Launch With In-Principle Approval for Payment License

    Fintech News SingaporeJuly 10, 2023

    Payments company Finmo announced its upcoming launch plans for Singapore after receiving the In-Principle Approval for a Major Payment Institution…

    Green Fintech

    ESG Fintech to Play Critical Role in Net-Zero Journey

    Fintech News SingaporeJuly 10, 2023

    As the world races to achieve net-zero carbon emissions, the financial services sector is facing the challenge of reducing its…

    AI

    5 APAC Companies Make 2023 Top AI Fintech Companies List

    Fintech News SingaporeJuly 10, 2023

    The rise of artificial intelligence (AI) these past couple of years has been one of the most significant technological revolutions…

    Various

    Bain to Acquire APAC Arm of Global Venture-Building Studio Rainmaking

    Fintech News SingaporeJuly 7, 2023

    Bain & Company announced that it intends to acquire the Asia Pacific arm of global venture-building and startup development studio,…

    Cloud

    Mambu Now Available on Google Cloud Marketplace

    Fintech News SingaporeJuly 6, 2023

    Cloud banking platform Mambu announced it is now available on Google Cloud Marketplace. This opens the door for more fintechs,…

    AIInsurTech

    Singlife and Microsoft Supports Budding Insurtechs to Adopt Generative AI

    Fintech News SingaporeJuly 5, 2023

    Homegrown financial services company Singlife has partnered with Microsoft to support high-growth insurance startups to adopt generative artificial intelligence (AI).…

    IndonesiaVarious

    Grab Indonesia’s President Ridzki Kramadibrata Moves on to Commissioner Role

    Fintech News IndonesiaJuly 5, 2023

    Southeast Asian superapp Grab Indonesia has appointed Ridzki Kramadibrata as a member of the Board of Commissioners, effective 1 July…

    Lending

    StanChart and Atome Form First-Of-Its-Kind Lender of Record Partnership

    Fintech News SingaporeJuly 5, 2023

    Standard Chartered announced that it has formed the first-of-its-kind Lender of Record partnership in Singapore with buy now, pay later…

    Various

    Maha El Dimachki to Lead Singapore Center of BIS Innovation Hub

    Fintech News SingaporeJuly 5, 2023

    Maha El Dimachki has been appointed as the new head of the Singapore Center at the Bank for International Settlements…

    Payments

    Real-time Digital Payments Fuels Growth Across APAC

    Johanan DevanesanJuly 4, 2023

    The Asia Pacific (APAC) region is rapidly emerging as a stronghold for digital payments, underpinned by customer preferences for a…

    CryptoDigital Assets

    Thai SEC Issues New Rules for Crypto Firms, Bans Lending Services

    Fintech News SingaporeJuly 4, 2023

    The Thailand Securities and Exchange Commission (SEC) has issued a new set of guidelines for crypto platforms including banning them…

    InsurTechThailand

    Thai Insurtech Roojai Acquires FWD General Insurance From bolttech

    Fintech News SingaporeJuly 4, 2023

    Thailand insurtech startup Roojai has agreed to acquire FWD General Insurance’s local business from bolttech to boost its market share…

    Various

    DPM Lawrence Wong Succeeds Tharman Shanmugaratnam as MAS Chairman

    Fintech News SingaporeJuly 4, 2023

    The Deputy Prime Minister and Minister for Finance Lawrence Wong has been appointed as the new chairman of the Monetary…

    CryptoDigital Assets

    MAS Says Crypto Firms Must Segregate Customers’ Assets in a Trust by End-2023

    Fintech News SingaporeJuly 4, 2023

    Digital Payment Token (DPT) service providers will have to segregate customers’ assets from its own assets and safekeep it under…

    BlockchainPayments

    Behind Singapore’s Experiment with a Digital Singapore Dollar

    Fintech News SingaporeJuly 3, 2023

    A new paper published by the Monetary Authority of Singapore (MAS) on June 21, 2023 introduces the concept of purpose…

    IndonesiaVarious

    Patrick Walujo Steps up as President Director and CEO of GoTo

    Fintech News IndonesiaJuly 3, 2023

    Andre Soelistyo has resigned from his position as the president director of Indonesian superapp and e-commerce platform provider GoTo. The…

    Green Fintech

    StanChart Appoints Singapore-Based Global Sustainability and Net Zero Lead

    Fintech News SingaporeJuly 3, 2023

    Standard Chartered has appointed Dana Barsky as its Global Head of Sustainability Strategy and Net Zero where she will be…

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