Ant International and Sumitomo Mitsui Banking Corporation (SMBC) have signed a MoU to strengthen cross-border payment solutions and explore business expansion opportunities involving Japan, Singapore and Southeast Asia. Under the agreement, SMBC will use its…
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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 MoreFave Singapore, operating under the registered entity Beeconomic Singapore Pte. Ltd. and part of the Pine Labs group,…
The Bank for International Settlements (BIS) is set to launch Project Insight, an initiative aimed at enhancing the…
DBS Digital Exchange (DDEx) has experienced significant growth in the first five months of 2024, with the trading…
A new report by global payments firm Airwallex and Skift Research reveals that 66 percent of travel companies…
Major retail banks in Singapore will progressively phase out One-Time Passwords (OTPs) for digital token users over the…
South African digital bank TymeBank has appointed Karl Westvig as its new CEO, effective 1 October 2024. Coenraad…
OCBC has unveiled OCBC PartnerCare, a new financial and personal wellness programme tailored for over 35,000 property agents…
Zheng Yu Dong announced that he will be stepping down as CEO of MariBank, a digital bank licensed…
M-DAQ Global, a fintech firm supported by Affinity Equity Partners and China’s Ant Group, saw its consolidated net…
Citigroup Inc. has laid off about 500 employees as part of a global restructuring effort, as reported by…
The Monetary Authority of Singapore (MAS) and the Singapore Fintech Association (SFA) have opened nominations for the Singapore…
Maybank Singapore has launched the Money Lock feature, adding a layer of security to protect customers’ funds. This…
As Southeast Asia’s digital economy continues to surge, businesses are seeking robust technological solutions to support their growth.…
The Singapore Fintech Festival (SFF) 2024 is set to return for its 9th edition from 6 to 8…
Validus, a digital SME financing platform based in Singapore, has appointed Chong Khai Siang as its Group Chief…
OCBC has partnered with Goldhorse Capital Management to expand its product offerings in a scalable manner, targeting institutional…
As artificial intelligence (AI) rapidly transitions from a nascent development to a ubiquitous technology accelerating advancements across the…
Vietnam’s digital finance landscape is undergoing a notable shift as new players emerge, established ones fade, and traditional…
Mitsubishi UFJ Financial Group Inc.’s (MUFG) plans to acquire a stake in HDFC Bank Ltd.’s consumer lending arm,…
The Siam Commercial Bank (SCB) is set to modernise its core banking system through a new partnership with…
Indonesian digital bank Superbank has announced an additional funding of IDR 1.2 trillion (US$73.3 million) from its shareholders,…
The Bank for International Settlements (BIS) and its partners have revealed the comprehensive blueprint for phase three of…
Paymentology, a global issuer-processor, has appointed Stephen Bowe as Chief Product Officer. Bowe, who has over 15 years…
In the heart of Southeast Asia, a small island nation is making giant strides in digital currencies. Singapore,…
Former Spenmo executives announced the launch a new venture, Summit, to target spend management for small to mid-sized…
Stablecoin issuer Paxos has appointed Jeannie Lim as the Executive Director of its Singapore operations, according to a…
The International Finance Corporation (IFC), a member of the World Bank Group, is evaluating a US$150 million loan…
The Singapore government should not direct or interfere with sovereign wealth fund GIC’s investment decisions, emphasised Second Minister…
Neobank Revolut’s annual revenue in Singapore more than doubled compared to 2022, contributing to the group’s financial performance.…
Validus Group, a digital SME financing platform based in Singapore, has secured a total of US$17.57 million in…
Ant International has acquired Amsterdam-based payment service provider MultiSafepay, integrating it into its Antom division, a payment and digitisation…
Paxos has secured the full approval from the Monetary Authority of Singapore (MAS) to issue stablecoins under the…
Heymax.ai, a Singapore-founded loyalty platform, has announced the completion of a US$2.6 million (SG$3.5 million) seed funding round…
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