The five digital banks licensed by the Monetary Authority of Singapore (MAS) are now members of the island state’s credit…
Bank Indonesia announced the country’s very own central bank digital currency (CBDC), named the “digital rupiah,” to move forward with…
Singapore-based wealth and savings app Hugosave has become a Visa Principal Member Issuing Licensee under its parent company Atlas Consolidated.…
Shopping and rewards platform ShopBack has extended its Series F fundraise yet again with an investment of US$30 million (AU$44…
Open banking is now universally and unequivocally regarded as a key part of a bank’s landscape, according to a global…
Global private market exchange ADDX announced that it has fractionalised a venture debt fund by Innoven Capital which is a…
Payments company Airwallex announced that it has appointed Kai Wu as its Chief Revenue Officer (CRO) and Asia-Pacific General Manager…
Broadridge Financial Solutions, a US-based technology solutions provider, has appointed Martin Koopman as Chief Product Officer effective 1 January 2023.…
Economies worldwide are increasingly considering the viability of a digitised national currency, most commonly referred to now as a Central Bank…
Payments giant Visa announced the appointment of Adeline Kim as its new Country Manager for Singapore and Brunei. Adeline will…
Financial services company Singlife with Aviva announced that it will migrate its entire information technology (IT) infrastructure to the Amazon…
Payments firm 2C2P has partnered with merchant commerce platform Pine Labs to expand Buy Now Pay Later (BNPL) acceptance across…
Singaporean firm MetaComp, formerly known as Cyberdyne Tech Services, has secured a Major Payment Institution license from the Monetary Authority…
Technological developments have accelerated the transformation of financial services, leading to the explosion of digital banks worldwide. In Singapore, the…
Temasek’s US$275 million investment in now-bankrupt crypto exchange FTX has not only caused financial loss but also reputational damage to…
CIMB Bank Philippines has partnered with Southeast Asia’s digital payments provider SeaMoney to onboard 2.5 million customers for its Buy…
Thought Machine, a cloud-native banking technology company, announced that it is powering Singapore’s cloud-native digital bank Trust. Leveraging Thought Machine’s…
Funding Societies a Southeast Asian Small and Medium Enterprises (SME) digital financing platform, announced that its Thai business has reached…
Insurtech firm Igloo announced that it has raised an additional US$27 million in its Series B extension, bringing its total…
Singapore’s Senior Minister and Minister in charge of the Monetary Authority of Singapore (MAS) Tharman Shanmugaratnam said that banks in…