The financial sector is experiencing a transformative era where Environmental, Social, and Governance (ESG) principles are emerging as fundamental components…
Month: November 2023
Traditional lenders are losing market share in cross-border payments to non-banks, with digital challengers and fintech startups rapidly gaining ground…
The Reserve Bank of Australia has announced the appointment of Andrew Hauser as its new Deputy Governor. This appointment, made…
OCBC Bank in Singapore is set to launch a new security feature, ‘OCBC Money Lock’, starting from 30 November 2023,…
The digital economy of Southeast Asia remains robust, its resilience cemented by digital financial services that have proven to be…
The Singapore Fintech Festival 2023 (SFF) concluded its eighth edition on 17 November, achieving a record-breaking attendance of 66,000 participants,…
The Monetary Authority of Singapore (MAS) has instructed Digital Payment Token (DPT) service providers to cease accepting locally issued credit…
Insurlog, a provider of last-mile delivery insurance for e-commerce enterprises in Vietnam, has joined forces with OneDegree Global’s insurtech division…
Silverlake Axis, a Singapore-mainboard listed fintech and digital banking solutions provider, has announced a strategic partnership with Indonesia’s Bank Mandiri…
Lendela, a digital loan matchmaking platform, announced that it has successfully completed a US$5 million Series A funding round. This…
KASIKORNBANK Financial Conglomerate, through its subsidiaries, has increased its investment in PT Bank Maspion Indonesia Tbk, raising its ownership to…
WorldFirst, a digital payment and financial services provider for small and medium-sized enterprises (SMEs) engaged in cross-border trade, has revealed…
LMAX Exchange Singapore, a subsidiary of LMAX Group that operates institutional exchanges for trading FX and digital assets, has been…
Life insurer AIA Singapore has made several key executive appointments, including Irma Hadikusuma as Chief Marketing and Proposition Officer, effective…
The rise of Generative AI has been nothing short of remarkable. Many envisioned it as a powerful force for good…
Richard Teng has been appointed CEO of crypto exchange Binance, following the resignation of Changpeng Zhao (CZ) who pleaded guilty…
Banks are growing increasingly concerned about competition from technology and e-commerce disruptors, with firms like Google, Facebook and Microsoft being…
The Singapore Fintech Festival (SFF) wrapped up its annual event on November 17, 2023, concluding a multi-day fintech program that…
At the Singapore Fintech Festival 2023, Ravi Menon, Managing Director of the Monetary Authority of Singapore, delivered an insightful address…
Visa has teamed up with United Overseas Bank Limited (UOB) and the Singapore-based fintech company Doxa to offer a payment…