Payments giant Mastercard and cloud-native banking technology firm Thought Machine are deepening their partnership to offer improved payments and core…
Month: June 2024
The global wealth management industry is undergoing a profound transformation, including in Asia, driven by the convergence of technological advancements…
Two men, aged 26 and 47, will appear in court on 15 June 2024, for their alleged involvement in malware-enabled…
Personetics, a global provider of data-driven personalisation solutions, has been recognised as a leader in a new report by analyst…
A group of minority shareholders has expressed dissatisfaction with OCBC’s final bid to purchase the remaining shares of Great Eastern,…
Amazon Web Services (AWS) has unveiled a US$230 million commitment to support generative AI startups globally. This initiative aims to…
Singapore’s Income Insurance Limited has announced that it is currently in discussions with Allianz regarding a potential transaction involving Income…
Wise, a global online money transfer service, has partnered with Nubank, a Brazilian digital bank that serves over 100 million…
The Singapore government is set to introduce a unified SMS Sender ID, gov.sg, for all its agencies starting 1 July…
iPiD, a provider of payment verification solutions, has announced that its Global Bank Account Validation Deployment Kit is now available…
In the rapidly evolving digital landscape, traditional credit cards face the challenge of staying relevant amidst the rise of digital…
Banks are sitting on a treasure trove of data, their customers’ transactions. Yet most banks are neglecting to tap into…
From innovative fintech startups to institutions, the race to create a more efficient cross border payments in Asia is intensifying.…
OCBC has introduced OCBC Ignite, an accelerated banking career programme aimed at benefiting 500 polytechnic students over the next three…
DBS Group is targeting S$500 billion (US$369.7 billion) in assets under management for its wealth business by the end of…
Stablecoin issuer Paxos has announced a 20% workforce reduction, affecting about 65 employees. Despite the layoffs, the company reportedly remains…
The Bank for International Settlements (BIS) Innovation Hub and the Monetary Authority of Singapore (MAS) have developed a blueprint -…
Rapid globalisation and available technological advancements have spurred the demand for more efficient, transparent, and accessible cross-border payment systems. Multilateral…
Lexasure, a reinsurance and insurtech solutions provider, and OneDegree Global, known for its IXT insurtech solutions and cybersecurity services, have…
Prudential plc has announced the appointment of Grace Park as its new Chief Data, Analytics & AI Officer, effective 7…