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Indonesian Insurance Broker Officially Rebrands Following bolttech Acquisition

Indonesian insurance broker PT Axle Asia has officially changed its name to PT Bolttech Insurance Broker, adopting the bolttech brand. The rebranding will not affect its current services or agreements with partners and customers. This change follows bolttech’s acquisition of

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G20 TechSprint 2024 Seeks Solutions for Biodiversity, ESG Data, Sustainable Finance

The Bank for International Settlements (BIS) and the Central Bank of Brazil (BCB) have announced the launch of the fifth G20 TechSprint 2024 initiative. This year’s competition aims to foster innovation in sustainable finance to support the Sustainable Development Goals

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Visa Expands Access to Payment Services Through AWS

Payments giant Visa announced that it has joined the AWS Partner Network (APN) to improve global digital payment solutions. This partnership enables easier integration of select Visa services for its partners and clients, including cloud-native fintech companies, through AWS technologies.

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Thailand’s T2P Taps Wise Platform to Offer Global Money Transfers for DeepPocket Users

T2P Co., Ltd., a payment solution provider in Thailand, has announced a new partnership with Wise Platform, which provides infrastructure for banks and financial services. According to Wise, this alliance marks T2P as the first fintech in Thailand to offer

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Airwallex Launches Payment Acceptance Services in the U.S.

Global payments firm Airwallex has introduced its payment acceptance services in the United States, enabling U.S.-based merchants to accept both domestic and international payments. This new service also allows foreign merchants with U.S. entities to provide a localised payment experience to

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KASIKORNBANK, J.P. Morgan Set to Reduce Cross-Border Payment Times to Minutes

Thailand’s KASIKORNBANK, in partnership with J.P. Morgan, has introduced Project Carina, a new initiative aimed at accelerating cross-border payments through blockchain technology, according to RYT9. Announced at Money20/20 Asia in Bangkok, the project integrates KASIKORNBANK’s Quarix blockchain with J.P. Morgan’s

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Prosecutors Seek 3-Year Prison Term for Binance Founder; Zhao Pens Apology Letter

U.S. prosecutors have proposed a three-year prison sentence for Changpeng Zhao, the founder and former CEO of crypto exchange Binance, following his guilty plea for violating anti-money laundering laws, according to Reuters. The recommendation, filed in a Seattle federal court,

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No Formal Permit Application for Alipay+ to Operate in Indonesia, Says Central Bank

Ant Group, a Chinese financial affiliate of the Alibaba Group, has not yet formally applied for a permit to operate its Alipay+ service in Indonesia, according to Filianingsih Hendarta, Deputy Governor of Bank Indonesia. According to Reuters, Hendarta clarified the

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Indonesia and Australia Partner to Improve Crypto Tax Compliance

The Indonesian Directorate General of Taxes (DGT) and the Australian Taxation Office (ATO) have entered into a Memorandum of Understanding for cryptocurrency information sharing. This agreement aims to bolster the detection and management of crypto assets potentially subject to taxation

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Igloo Expands Insurance Access in Vietnam Through New Partnerships

Igloo, a Singapore-based insurtech firm, has announced new partnerships with Zalopay, Lotte Finance, FE Credit, and digital insurer OPES to broaden insurance access in Vietnam, particularly for underinsured communities. These collaborations aim to introduce tailored insurance products that cater to

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