OCBC Bank is set to offer Generation Alpha—children born after 2009—their own digital bank accounts through the OCBC MyOwn Account,…
Global verification provider Sumsub has introduced Local Data Processing (LDP) capabilities in the Asia-Pacific (APAC) region. The new infrastructure now…
The Thai Bankers Association (TBA) has blacklisted 15,000 individuals and suspended 34,000 bank accounts connected to call-center scam operations, according…
Singapore’s Ministry of Home Affairs (MHA) has announced plans to introduce the Protection from Scams Bill in the coming months…
The Singapore subsidiary of crypto exchange OKX has received a Major Payment Institution (MPI) license from the Monetary Authority of…
Network for Electronic Transfers (NETS) has announced the appointment of Jeremy Soo, Managing Director and Head of Consumer Banking Group…
Cambodia and South Korea have officially launched a new cross-border payment system. This system, currently in its first phase, allows…
Singapore’s OCBC Bank experienced technical difficulties on 1 September (Sunday) that temporarily disrupted its internet and mobile banking services. Customers…
Singapore-based digital SME lending platform Validus has secured a debt funding of up to US$50 million debt funding from HSBC,…
Payments firm Stripe has announced several new features aimed at enhancing cross-border commerce in Asia, including AI-powered payment tools and…
SoftServe, a global IT consulting and digital services firm, has introduced its Gen AI Solutions, enhanced with NVIDIA NIM Agent…
FlexM, a fintech company known for its Fintech-as-a-Service (FaaS) platform, has received in-principle approval for a Major Payment Institution (MPI)…
Singapore’s digital bank Trust has introduced a new cashback credit card on the second-anniversary of its launch. The new Trust…
Helicap, a fintech investment platform, has raised US$4.3 million in its ongoing Series B funding round, as disclosed in regulatory…
Jumio, a global provider of AI-driven identity verification and compliance solutions, is now available on the AWS Marketplace. AWS Marketplace…
HSBC Holdings’ incoming CEO, Georges Elhedery, is reportedly exploring plans to streamline operations by cutting layers of middle management, according…
Thailand Post is positioning itself to join the virtual banking licensing race following approval from its board, according to a…
The State Bank of Vietnam (SBV) has recently alerted the public about a series of phishing scams involving imposters posing…
Payments giant Visa and global neobank Revolut have announced a global partnership aimed at simplifying international payments for businesses. This…
Silverlake Axis announced on 26 August that it plans to go private through a buyout offer of 36 cents per…