Artificial intelligence (AI) agents will not take over the financial industry all at once. Instead, the technology will first handle simple, repetitive tasks with clear rules, before moving into more complex financial decisions and autonomous…
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Recent News
View MoreRetail banking in Asia Pacific is undergoing a structural reset. The forces reshaping the industry are changing how growth is won, how risk is managed, and…
Read MorePT Bank Rakyat Indonesia (BRI) has announced that its mobile banking app, BRImo, has reached over 30 million…
Singapore’s GXS Bank has reported that its GXS FlexiLoan programme has facilitated S$4 million in interest savings for…
The significance of fintech is rising within Brunei’s economy, driven by increased efforts from both the public and…
Nick Wilde, the Managing Director of APAC for Thought Machine, has announced his departure from the company to…
Since the launch of the Money Lock feature by three local banks – OCBC, DBS, and UOB -…
The Monetary Authority of Singapore (MAS) has announced revisions to the Payment Services Act (PS Act) and related…
Over the past years, venture capital (VC) funding in Caucasus and Central Asia (CCA) has increased substantially, growing…
The International Finance Corporation (IFC) and DBS Bank have unveiled a US$500 million financial initiative aimed at enhancing…
Canadian payments firm Nuvei Corporation is set to go private following a definitive agreement for a buyout by…
In Q4 2023, the payment and cryptocurrency sectors were the most targeted industries by identity fraud attempts, accounting…
Binance Holdings, operator of a crypto exchange of the same name, has established its first board of directors.…
Fintech mergers and acquisitions (M&A) in Asia-Pacific (APAC) declined by nearly 15% in Q3 2023, with total deals…
6G Digital Private Limited, a Swedish cloud-based integrated digital ecosystem, has acquired a 25% stake in Singaporean fintech…
Southeast Asian ride-hailing superapp Grab has declared that its GrabPay Card service will be phased out, effective 1…
The Indonesian Financial Services Authority (OJK) has issued a new mandate requiring all financial institutions introducing new products…
The Monetary Authority of Singapore (MAS) has officially rolled out the COSMIC platform, a digital initiative aimed at…
Alchemy Pay, a global crypto payment service provider, has invested in UK-based fintech LaPay to expand its global…
London-based fintech Paysend has expanded its partnership with Currencycloud, a provider of B2B embedded cross-border solutions, to extend…
Southeast Asian venture capital firm Golden Gate Ventures announced the promotion of Angela Toy to Chief Operating Officer…
Indonesian e-wallet LinkAja has secured a strategic investment from Japanese trading house Mitsui & Co., Ltd. The financial…
Visa announced the expansion of its value-added services by introducing three new AI-powered solutions aimed at bolstering fraud…
The Monetary Authority of Singapore (MAS) has announced an extension to the ongoing suspension affecting remittances to China.…
Vietnamese e-wallet ZaloPay and CIMB Bank, a highly regarded bank in Southeast Asia, recognising the challenges posed by…
HSBC has earmarked US$150 million for its venture debt offering that is aimed at scaling high-growth companies in…
Indonesian insurtech startup Qoala has closed its Series C funding round led by PayPal Ventures and MassMutual Ventures…
Mastercard and global acquirer Worldpay have announced a partnership aimed at mitigating payment fraud and reducing the prevalence…
Sumsub, a global verification and compliance provider, announced its partnership with crypto exchange Binance to integrate its Travel…
Programme Sirius has been launched to support Micro, Small, and Medium-Sized Enterprises (MSMEs) in the Asia-Pacific region on…
In the sixth annual compendium of 500 burgeoning companies across the Asia Pacific (APAC) by the Financial Times…
In the dynamic arena of fintech, Trust Bank Singapore stands out as a pioneering entity, marking a significant…
Singapore’s digital bank Trust has rolled out AutoPay, a feature aimed at simplifying the process of credit card…
Southeast Asia is expected to remain an appealing destination to both private equity (PE) firms and venture capitalists…
Swift, the global financial messaging cooperative, revealed that the latest round of experiments conducted within a collaborative Central…
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