Archive

Former Stripe Exec Gang Wang Named Nuvei’s New CTO

Canadian payments firm Nuvei Corporation announced that it has appointed Gang Wang as its new Chief Technology Officer (CTO). Reporting to Chair and CEO Philip Fayer, Wang will lead Nuvei’s global technology team alongside former CTO Max Attias, who now

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MoMo, VNPAY, and ZaloPay Enable QR Payments for Visa Cardholders in Vietnam

Payments giant Visa has announced a new partnership with three of Vietnam’s leading e-wallets—MoMo, VNPAY, and ZaloPay—to enhance the payment experience for its cardholders at small and medium enterprises (SMEs). This collaboration allows Visa cardholders to use their cards to

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How Wealthtech is Changing the Game in Singapore’s Financial Planning Landscape

Singapore is renowned for its thriving economy and high standard of living, but how financially resilient are its citizens? The Sun Life Asia Financial Resilience Index, a survey conducted across eight key Asian markets including Singapore in late 2023, sheds

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The Best Banks in Asia 2024, Ranked by Forbes

Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations — the best banks must adapt their business and operating models in 2024, including in Asia. To pinpoint the global

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Coinbase Leads Coalition of Tech Giants Against Financial Scams

Crypto exchange Coinbase has launched the Tech Against Scams coalition, teaming up with industry leaders like Match Group (the parent company of Tinder and Hinge), Meta, Kraken, Ripple, Gemini, and the Global Anti-Scam Organisation (GASO) to tackle online fraud and

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How AI is Shaping the Future of Client Relations in Finance

Artificial Intelligence (AI) is revolutionising the financial sector, transforming how institutions operate and cater to their clientele. As AI becomes increasingly integrated into finance, it is reshaping how we manage and interact with our money daily. Financial institutions navigating the

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Mastercard Deploys Generative AI to Enhance Compromised Card Detection

Mastercard has announced the implementation of generative AI technology to significantly accelerate the detection of compromised cards, enhancing protection for cardholders and securing the payment ecosystem. Fraudsters frequently steal millions of payment card numbers through methods like spyware, malware, and

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Top 4 Regtechs in Asia Pacific Leading in The War Against Financial Crime

Over the past years, regtechs in Asia has risen to prominence, driven by increasing complexity and frequency of financial crimes, stricter regulations and compliance requirements, and technological advancements. The Global State of Scams 2023 Report by the Global Anti-Scam Alliance

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Anti-Scam Centre and DBS Bank Recover Over S$170,000 in Tech Support Scam

Singapore’s Anti-Scam Centre (ASC) and DBS Bank have successfully recovered more than S$170,000 lost in a technical support scam. The victim, a 70-year-old woman, was using her computer when she saw a pop-up alert prompting her to call a “Microsoft” hotline number

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KASIKORNBANK Adds Google Pay Support for Its Visa Credit Cards

Thailand’s KASIKORNBANK (KBank) has announced the launch of its new Tap-and-Pay service through Google Pay, allowing customers to make payments using their smartphones. This service aims to provide easy, fast, and card-free transactions worldwide. Natthapol Luepromchai, Executive Vice President of

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