MUFG Innovation Partners (MUIP) and MUFG Bank, subsidiaries of Mitsubishi UFJ Financial Group (MUFG), has set up a US$100 million…
Payments service provider FIS announced that it will power real-time payment transactions for Singapore’s digital bank Trust. Trust Bank will…
Funding to cryptocurrency companies plummeted 42.5% in 2022, plunging from an all-time high (ATH) of US$37.08 billion secured in 2021…
Fiserv, a payment solutions provider for merchants in Singapore, announced that its local operating entity has been granted a Major…
Samsung Wallet will be rolled out in eight new markets, including Singapore, Malaysia, India, Hong Kong, Taiwan, Australia, Brazil, and…
Southeast Asian superapp Grab announced that it has promoted Philipp Kandal to Chief Product Officer, effective 1 February 2023. As…
A majority of financial services firms now view digital transformation as essential to their business and are already looking to…
Singapore has seen an influx of startups and venture capital in recent years. Several factors have contributed to this –…
Despite an ongoing crypto winter, the global decentralized finance (DeFi) market has remained strong and resilient, maintaining its dynamism with…
2022 saw the start of a significant consolidation phase for the fintech sector, a trend which is set to accelerate…
The Asia-Pacific region, with 13 countries that process US$17.8 billion in digital payments per year, tends to invite issues as…
Heading into 2023, it is a time of uncertainty for financial institutions offering payments. There is strong economic pressure on…
As the spectre of recession looms large over the region, tech startups have been cutting back on costs and resorting…
Payments firm Flywire announced that it has secured in-principle approval for a Major Payment Institution license from the Monetary Authority…
Pilon, a Singaporean fintech providing cloud-based supply chain financing system, has secured US$5.2 million in both debt and equity during…
With the rise of fintech, traditional banks are being disrupted by nimbler, more customer-centric digital banks; it seems that the…
Blockchain software firm ConsenSys announced that it will layoff 11% of its workforce to adjust to challenging and uncertain market…
Southeast Asian ride-hailing company Gojek announced that it has appointed Sumit Rathor as the General Manager for Vietnam. Sumit will…
HPS, a global provider of payment solutions and services, announced the opening of a new office in Singapore to support…
The growth of internet usage, online banking, and digitalization of financial services has increased cybercrime and cyber criminals’ attack surface.…