Digital banking software provider Backbase has launched its first global Center of Excellence (COE) for Artificial Intelligence (AI) in Ho…
Month: July 2024
The banking industry is undergoing a rapid transformation, driven by technological advancements and changing customer expectations. While many banks have…
M-DAQ Global, a fintech company based in Singapore, has announced the acquisition of Easy Pay Transfers Sdn. Bhd., a licensed…
GXS Bank, a digital bank backed by Grab Holdings and Singtel, aims to achieve profitability by March 2027, according to…
Charles Wong, who has served as CEO of GXS Bank for four years, announced his decision to step down from…
Leading provider of advanced trading technology and liquidity solutions X Open Hub sets new standards in the financial industry, with…
Gemini, an American crypto exchange founded by twins Tyler and Cameron Winklevoss, and Rakkar, a digital asset custodian in Asia,…
Singapore’s state-owned investment company Temasek is set to invest up to US$30 billion into the U.S. economy over the next…
The Monetary Authority of Singapore (MAS) has appointed Chee Hong Tat, Minister for Transport and Second Minister for Finance, as…
Indonesian tech company GoTo Group has expanded its partnership with TikTok by introducing a “Buy Now, Pay Later” (BNPL) service,…
The chairman of Income Insurance Limited Ronald Ong recused himself from the board’s decision to appoint Morgan Stanley as the…
Indonesia’s Bank Commonwealth will lay off 1,146 employees following its acquisition by Singapore’s OCBC, a deal finalised two months ago…
2C2P, a Southeast Asian payments company, reported a 83% reduction in losses for the fiscal year ending 31 December 2023.…
The Cambodian fintech sector is set to grow significantly, driven by government support and efforts to encourage innovation and adoption…
The use of cash in Singapore is expected to decline significantly by 2027, according to the 2024 Global Payments Report…
Allianz’s plans to acquire 51% stake in Income Insurance for S$2.2 billion is a strategic move aimed at bolstering the…
HSBC Australia will automatically block all payments to cryptocurrency exchanges, starting in July 2024. According to HSBC Australia, this is…
Invest Hong Kong (InvestHK) has opened applications for the 7th edition of its fintech programme Global Fast Track (GFT) 2024,…
Broadridge Financial Solutions has named David Runacres as President of its Asia-Pacific (APAC) operations. Based in Tokyo, Runacres will oversee…
DBS and Deloitte have introduced the Sustainability Accelerator Tool, designed to assist small and medium-sized enterprises (SMEs) in Singapore in…