The Bank of Thailand (BOT) will temporarily suspend new money changer license applications in 2027 while it raises standards for existing licensed operators to prevent them from facilitating illegal activities. Pimpan Charoenkwan, Assistant Governor of…
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View MoreHow much control does a bank really have over the AI it uses? Let's picture a relationship manager reviewing a credit memo drafted by an agent. Before relying...
Read MoreConsumer banking is rapidly changing in Asia-Pacific (APAC) and banks must reinvent themselves amid changing regulations, emerging technology,…
OCBC Bank has rolled out a digital account opening service that simplifies account openings for multi-national companies (MNCs)…
Aviva Singapore has become the first insurer to partner with the Infocomm Media Development Authority (IMDA) to offer…
Nearly 75% of limited partners (LPs), or organizations and individuals investing into funds and non-direct investment entities such…
LINE Plus Corporation (the chat app) announced last week that it has acquired GrayHash, an online security research…
Grab, Southeast Asia’s first decacorn valued at more than US$10 billion, began its humble beginnings as a ride-hailing…
India’s fintech ecosystem has evolved significantly with considerable efforts from financial institutions, startups, the government, venture capitalists and…
The size of the Southeast Asian alternative financing market grew from US$46.65 million in 2015 to a whopping US$215.9…
Artificial intelligence (AI), an umbrella term for a host of different technologies including machine learning and natural language,…
Singapore’s fintech hub together with the emerging financial centers in China are a powerplay to become the world’s…
This month Coinone Transfer, a payments business and a subsidiary of Coinone, introduced South Korea’s first blockchain-powered remittance…
A pilot project seeking to show transparency in the flow of money via public blockchain was formally launched…
As one of the most highly banked populations in Southeast Asia (Standing at 96.4% of banked adults at…
Remittances to low and middle income countries grew rapidly and are projected to reach a new record in…
Following its entry into Cambodia in 2017, Grab seems likely to bring its e-payment app, GrabPay into Cambodia…
Cashless payments are booming in Vietnam, more than doubling in value over the first three quarters of 2018.…
After Grab’s launch into Myanmar in 2017, the ride-hailing giant intends to follow-up with the expansion of their…
The Intellectual Property Office of Singapore (IPOS) has granted the first accelerated patent under its FinTech Fast Track…
Siam Commercial Bank has introduced the Garmin Pay contactless payment solution. This has been done in collaboration with…
Those not in the know often underestimate the number of hats that a startup founder has to wear…
As predicted by Fintechnews the Philippines is the next stop in GrabPay’s expansion in South East Asia. Grab…
CIMB Bank unveiled its first Digital Lounge in Ho Chi Minh City (Saigon) and launched its OCTO by…
“A way to carry your money inside your cellphone”. This is perhaps the simplest meaning of an e-wallet…
The Monetary Authority of Singapore (MAS), the city state’s central bank and financial regulator, has released an update…
2019 is right around the corner, which means we are near the end of an eventful year of…
Go-Jek just announced the launch of its beta app in Singapore, which means that Singaporeans will be able…
Revolut, a London-based fintech unicorn was just granted a license for operations in Singapore and Japan. The company…
Voyager Innovations, the fintech arm of the Philippines’ top digital telecommunications firm PLDT Inc, has sealed a US$40…
Fintech has become one of the key drivers of innovation in the financial services industry. In Singapore, the…
SGInnovate just announced that they have invested into three deep tech startups: Horizon Quantum Computing, Involt and Portcast. …
On November 20th the WFPL announced in Seoul 9 finalists for the World Innovative Contribution Awards (WIC) which…
InstaReM, a digital cross-border payments company headquartered in Singapore, secured a first close of more than US$ 20…
Switzerland, which enjoys an international reputation as a reliable and innovative financial center, has emerged as a hotbed…
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