The Financial Services Authority (OJK) of Indonesia has imposed restrictions on Indonesian fintech Akulaku’s buy now, pay later (BNPL) business.…
Month: October 2023
The Joint Stock Commercial Bank Southeast Asia (SeABank) is selling its Post and Telecommunication Finance Company (PTF) to AEON Financial…
Financial institutions (FIs) and telecommunication companies (telcos) are expected to bear the full loss, if they fail to discharge their…
YouTrip, a multi-currency digital payments platform, has raised US$50 million in its latest Series B fundraise, bringing its total funds…
Switzerland has high ambitions: the Alpine country at the heart of Europe wants to be one of the world’s leading…
A new survey by Airwallex and consultancy Edgar, Dunn & Company has revealed surging demand for cloud-based financial services among…
Thailand is home to a vibrant and rapidly evolving fintech sector, an industry that’s grown throughout the years on the…
The Monetary Authority of Singapore (MAS) is proposing to streamline the regulatory framework for fund managers by repealing the Registered…
Crypto payment gateway Triple-A announced that it has raised US$10 million in Series A funding. The round was led by…
Cloud banking platform Mambu is now available in AWS Marketplace, making it one of the first core banking providers on…
Singapore banks have prevented and recovered over S$57.6 million in scams in the first nine months of 2023, thanks to…
OCBC announced that it will deploy a generative artificial intelligence (AI) chatbot to its 30,000 employees globally in November 2023.…
Cactus Custody, Matrixport’s digital asset custodian service provider, has upgraded its US$ 50 million insurance coverage to include crime protection…
Singapore-based cyber insurtech company Protos Labs announced that it has raised SG$3 million (US$2.2 million) in seed funding. The seed…
Jumio, a provider of identity verification and fraud prevention solutions, has announced the launch of Jumio 360° Fraud Analytics. This…
Southeast Asia is anticipating a 100% expansion in its e-commerce market over the next five years, driven by accelerated digital…
Alipay+ and LankaPay have signed a Memorandum of Understanding (MoU) to enhance inbound and outbound travel experience through cross-border digital…
A recent survey by Revolut, a global neobank with over 35 million customers worldwide, found that over 20% of Singaporeans…
Experian, a global information services company and Australian credit bureau, has partnered with digital banking solutions provider Moneythor to provide…
Cloud banking platform Mambu has expanded its customer base in Australia to now include 10 of the country’s most innovative…