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| Nov 5, 2025 | Asian Institute of Chartered Bankers (AICB) Brings Together Global Leaders to Advance AI-Driven Financial Crime Prevention at 15th IFCTF | KUALA LUMPUR, Malaysia, Nov. 5, 2025 /PRNewswire/ -- Amid escalating financial crime rates, the Asian Institute of Chartered Bankers (AICB) and its Compliance Officers' Networking Group (CONG) — with the support of Bank Negara Malaysia (BNM... |
| Jun 26, 2024 | After setbacks, Malaysia’s 2 remaining digibanks eye October launch: sources | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Emmanuel Samarathisa · 30 Jul 2024 · 3 min readAfter setbacks, Malaysia’s 2 remaini... |
| Apr 22, 2024 | Aeon eyes Q2 launch of Islamic digibank for Malaysian Gen Z, MSMEs | FintechNews
Samreen Ahmad · 1d ago · 2 min readAeon eyes Q2 launch of Islamic digibank for Malaysian Gen Z, MSMEs
The Kuala Lumpur cityscape / Photo credit: Wikicommons
Aeon Bank, which holds a Malaysian digital banking license, looks to ro... |
| Dec 13, 2023 | JCB, IDEMIA, and Soft Space Advance to Phase 2 in Offline Digital Currency Project | Japanese international payments firm JCB along with French identity technologies company IDEMIA and Malaysian fintech Soft Space will be embarking on the second phase of their “JCB Digital Currency” (JCBDC) pilot project in early 2024. |
| Aug 15, 2023 | A Snapshot of Major Real-Time Payments Networks in Asia | Real-time payments are transactions made between bank accounts, processed, cleared, and settled within seconds, o any given day or time. The FIS Global Payments Report 2023 highlights the Asia Pacific region as a global frontrunner in real-... |
| Aug 14, 2023 | 9 Fintech Firms from Southeast Asia Make CNBC’s 2023 Top 200 Fintech Leaderboard | Nine fintech companies headquartered in Southeast Asia were named among the world’s top 200 fintech businesses, recognized by business media outlet CNBC and independent research firm Statista for their reach, growth and leadership position ... |
| Aug 10, 2023 | Fintech Basics: What is Open Banking? | Traditional banking practices have profoundly transformed in an increasingly digital and interconnected world. Open banking, a concept that fosters collaboration between financial institutions, technology companies, and third-party provider... |
| Aug 2, 2023 | Are Super Apps the Path to Success for Indonesia’s E-Wallets? | In recent years, Asia has seen an explosion in the usage of e-wallets, particularly in Indonesia, where transaction values of 33.4 percent year-on-year (y/y) to IDR 407.53 trillion (approx. US$27.63 billion) in 2022.
The popularity of digit... |
| Jun 14, 2023 | Walking the Tightrope: Balancing Innovation and Regulation in Southeast Asia’s Fintech Industry | As Southeast Asia’s fintech industry continues to soar, creating a delicate balance between fostering innovation and implementing regulation has become a critical challenge. This vibrant sector has been experiencing tremendous growth, drive... |
| Jun 14, 2023 | Insurtech Powerhouses: Meet ASEAN’s Top 10 Funded Companies | The global insurtech market is rapidly changing as startups and new technologies revolutionise the traditional insurance industry. The ASEAN region is a fertile ground for insurtech companies, driving advancements and reshaping insurance de... |
| Jun 5, 2023 | EWA Firm Paywatch Expands to Indonesia With Bank KB Bukopin Partnership | Earned Wage Access (EWA) service provider Paywatch has expanded its footprint to Indonesia with a partnership with Indonesia’s Bank KB Bukopin. The firm joins the growing EWA landscape in Indonesia with its rivals GajiGesa and Wagely.
Paywa... |
| May 30, 2023 | A List of Digital Banks in Asia | Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks?
In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanke... |
| May 29, 2023 | Local Currency Settlement – An “Asianised Way” in trade? | There is a deep and growing preference among Asian countries to settle trade deals in their local currencies. This follows an acknowledgement by ASEAN leaders that it is high time they reduce dependence on the US dollar and accelerate plans... |
| May 23, 2023 | Can BNPL Be Part of a Balanced Financial Strategy? | The rising popularity of Buy Now, Pay Later (BNPL) services among Millennials and Gen Zs in Singapore underscores a gap in financial literacy within these demographics.
Many young Singaporeans are drawn to the convenience of BNPL services, ... |
| May 11, 2023 | UOB Has Over 7M Customers After Acquisition of Citi’s M’sia, Thai, Vietnam Retail Businesses | UOB has added another 15 branches to its network across Malaysia, Thailand and Vietnam, bringing the total number to over 200 following its acquisition of Citi’s consumer banking businesses in those three countries.
Subscribe to our Monthly... |
| May 9, 2023 | TOPPAN IDGATE Offers Highly Secure Authentication for Digital Banking | Digital technology is increasingly transforming financial services. In the era of mobile devices, digital services through mobile apps have become part of our daily lives. The question now is whether one can trust the system to manage their... |
| May 9, 2023 | What is The Most Popular E-Wallet in Thailand? | In Thailand, usage of e-wallets continues to gain in popularity, driven by infrastructure enhancements, real-time payment efforts and a push from the government to promote a move towards cashless transactions.
Usage of cash carried on its d... |
| May 2, 2023 | WeChat Broaden Digital Yuan Acceptance, Accelerating CBDC Adoption | China-based messenger app WeChat has announced that it has expanded digital yuan payments to its short video and mini-app platforms. |
| Apr 27, 2023 | Malaysia’s Islamic fintech scene: fool’s gold? | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Emmanuel Samarathisa · 27 Apr 2023 · 4 min readMalaysia’s Islamic fintech scene: fo... |
| Apr 19, 2023 | Deconstructing the Evolution of the Fintech Sector in Asia | Since the term ‘fintech’ was first coined in the early 2010s, the financial technology sector and the ecosystem around it has undergone a massive evolution. A fluctuating economic climate has seen some startups go public, while others have ... |
| Apr 17, 2023 | Luno Shutters Singapore Operations, Users Need to Make Withdrawals by 19 June | Global cryptocurrency company Luno announced that it will cease its operations in Singapore from 20 June 2023 onwards due to a “regular evaluation of its global strategy and presence”.
The shocking news comes on the heels of Luno’s Co-found... |
| Apr 11, 2023 | Thailand’s 8 Most Well-Funded Fintech Companies | Thailand has a small and nascent startup ecosystem that’s mostly made up of early-stage ventures focusing on product development as well as securing their first group of customers.
Within this small yet burgeoning ecosystem, fintech is not ... |
| Apr 3, 2023 | Malaysia and Singapore’s QR Code Payments Linkage Has Gone Live | The cross-border QR code payment linkage between Singapore and Malaysia has gone live, enabling customers of participating financial institutions to make payments by scanning NETS QR and DuitNow QR codes.
This will support in-person payment... |
| Mar 29, 2023 | Navigating Asia Pacific’s Identity Fraud Landscape | Have you ever watched the chilling cult classic “Invasion of the Body Snatchers”? The 1950s alien takeover movie is best remembered for evoking paranoia about the faceless evil lurking within society.
Now, 70 years later, this invasion may ... |
| Mar 22, 2023 | Open Banking in APAC: Market-Led vs Regulator-Led Approaches | Open banking is steadily making its way into Asia-Pacific (APAC), and though the industry remains largely nascent compared with pioneers like to European Union, adoption is increasing at a stable pace, enabled by new regulatory frameworks a... |
| Mar 14, 2023 | 25 Fintech Events to Attend in Southeast Asia in Q2 2023 | In Southeast Asia Asia, fintech is one of the most dynamic sectors in the startup landscape – an industry that has kept on growing and evolving throughout the years on the back of new technological developments, increased adoption of digita... |
| Mar 7, 2023 | MAS to Enhance Security Measures to Prevent Cross-Border Payment Scams | The Monetary Authority of Singapore (MAS) said that it is working actively to review and enhance the suite of anti-scam measures in light of the launch of the real-time cross-border retail payment linkages, in a written reply to a parliamen... |
| Mar 2, 2023 | UOB Completes Citi’s Consumer Banking Acquisition Deal in Vietnam | UOB has finalised the acquisition of Citigroup’s consumer banking business which comprises its lending portfolios, wealth management and retail deposit businesses in Vietnam.
The completion of the acquisition had also included the transfer ... |
| Mar 1, 2023 | Thought Machine Goes on Hiring Spree Amidst Massive Tech Layoffs | Thought Machine, a cloud-native banking technology company, will increase its global headcount by more than 20% in 2023 by hiring in India, Japan and South Africa.
As part of the next phase of its expansion plans, Thought Machine said that ... |
| Feb 23, 2023 | Transforming the Alternative Asset Space: An Inside Look at Alta | The alternative asset space is a complex and fragmented market with many investment opportunities, such as real estate, private equity, hedge funds, and commodities.
In the coming years, private capital markets are expected to experience ro... |
| Feb 21, 2023 | Singapore and India’s Real-Time Payments Linkage Goes Live | The real-time payments linkage between Singapore’s PayNow and India’s Unified Payments Interface (UPI) has officially gone live today.
This will enable customers of participating financial institutions in Singapore and India to send and rec... |
| Feb 9, 2023 | 7 Key Fintech Takeaways from India’s New Budget | The Union 2023-24 budget, presented by the Finance Minister of India, Nirmala Sitharaman is a landmark event that holds immense significance for the country’s financial sector, particularly regarding fintech.
India is one of the fastest-gro... |
| Feb 7, 2023 | Visa Makes Two New Senior Leadership Appointments in Asia Pacific | Visa announced two senior leadership changes in the Asia Pacific region, with Chris Clark promoted as Chairman for Asia Pacific while Stephen Karpin succeeds him as the Regional President for Asia Pacific, effective 1 April 2023.
In the rol... |
| Feb 2, 2023 | Thailand Embraces Digital Banking with Customer Protection in Mind | Thailand has recently approved digital banking but has warned against irresponsible lending. This comes from the growing digital banking trend in Southeast Asia, which has seen an influx of financial technology firms entering the market.
Th... |
| Jan 18, 2023 | Is Islamic Fintech Catching On in Indonesia? | With a burgeoning population and a young, tech-savvy workforce, Indonesia is ripe for fintech growth. In recent years, the country has seen a boom in fintech startups, and the industry is now one of the most promising in the country.
The bu... |
| Dec 20, 2022 | Binance Buys Majority Stake in Indonesia’s Tokocrypto, Lays off 58% Of Workforce | Global cryptocurrency exchange Binance announced that it has become the majority shareholder in Indonesia’s crypto assets digital exchange Tokocrypto. Details of the transaction was not disclosed.
Tokocrypto is the first crypto exchange in ... |
| Dec 19, 2022 | Top Fintech Events Taking Place in Asia in Q1 2023 | Fintech is one of the most dynamic industries in Asia, a booming sector that’s risen on the back of rapid adoption of digital financial solutions, soaring funding activity and the presence of a young and digitally-savvy population that’s ea... |
| Dec 8, 2022 | Indonesia’s BI-FAST to Expand Its Real-Time Payment Services and Banks Participation | Indonesia’s domestic real-time payments scheme BI-FAST, launched by Bank Indonesia and powered by ACI Worldwide, has announced plans to launch a wide range of new real-time payment services.
BI-FAST payment services will be extended to incl... |
| Nov 30, 2022 | Trust Bank Selects Thought Machine to Power Singapore’s New Wave of Digital Banks | Thought Machine, a cloud-native banking technology company, announced that it is powering Singapore’s cloud-native digital bank Trust.
Leveraging Thought Machine’s technology, Trust has designed a world-class solution with an intuitive cust... |
| Nov 25, 2022 | Hong Kong’s Game Plan to Win Back Role as Digital Asset Hub | Hong Kong’s digital asset industry has been dealt a blow in recent years, with the city losing its luster as a global hub for digital assets. |
| Nov 22, 2022 | MAS Explains Why Binance Was Pinned on Investor Alert List but Not FTX | The Monetary Authority of Singapore (MAS) did not place the now-collapsed crypto exchange FTX on its Investor Alert List as it had no evidence that the latter was soliciting Singapore users specifically.
In a statement addressing some quest... |
| Nov 18, 2022 | Finding the Light at the End of the Fintech Layoffs Tunnel | Fintech firms in ASEAN are not unaffected by the employment cuts hitting the headlines this year. Compared to 2021, when the industry was flushed with record funding and mass hiring, 2022 completely flipped the script and ended with belts t... |
| Nov 16, 2022 | Google Wallet Lands in Vietnam, Thailand and Malaysia | Google Wallet has now been extended to three additional Southeast Asian countries – Vietnam, Thailand and Malaysia – making it available in 57 countries total.
In Vietnam, the feature is currently only supported for Visa cardholders while M... |
| Nov 14, 2022 | India’s Central Bank Spurring a Digital Payments Boom | India’s Central Bank has been digitising the country’s payment process at a rapid speed. The digital payment index (DPI), a metric used by the Reserve Bank of India (RBI) to determine the growth of digital payments across the country, rose ... |
| Nov 10, 2022 | Mastercard’s Study Shows That Buy Now, Pay Later Is Rising in Popularity in APAC | Buy now, pay later (BNPL) options are rising in popularity in Asia-Pacific (APAC) where consumers are increasingly turning to these payment arrangements to pay for bigger-ticket items like electronics and appliances, findings from a Masterc... |
| Nov 9, 2022 | Monetising in the Metaverse: Distant Possibility or Reality? | In the virtual world of the metaverse, people don’t just visit – they inhabit. It’s a place where they can be whoever they want to be and do whatever they want.
The term ‘metaverse’ was first coined in a book by Neal Stephenson called Snow ... |
| Nov 2, 2022 | ASEAN Fintech Movement Established by Six National Fintech Associations | The national fintech associations of Singapore, Cambodia, Malaysia, the Philippines, Thailand and Vietnam have signed a memorandum of understanding (MOU) to form the ASEAN Fintech Movement.
The MOU, which was signed during the Singapore Fin... |
| Oct 28, 2022 | Fintech News Network: The First Media Company in Asia Going for a 4-Day Workweek | Fintech News Network (FNN), who runs dedicated Fintech News Hubs, has become one of the first media outlets to implement a four-day workweek.
The move comes as the company looks to improve work-life balance for its employees and meet the de... |
| Oct 24, 2022 | Insurtech Invigorates Thailand’s US$ 36 Billion Insurance Industry | Insurtech plays a significant role as Thailand turns to technology to boost its insurance industry and make it inclusive. It is embedded in the country’s Fourth Insurance Development Plan (IDP 4) for 2021 to 2025 to ensure that the industry... |
| Oct 11, 2022 | Here’s How Ant Group is Charting its Path to ASEAN Domination | Ant Group, the fintech affiliate of Chinese e-commerce giant Alibaba, is pursuing its expansion plans across Southeast Asia, ramping up its business in a region that’s characterized by a fragmented payment market and no clear leader.
In Sou... |
| Sep 28, 2022 | IMDA and MAS Seeks Feedback to Bolster the SGQR’s Interoperability | The Infocomm Media Development Authority (IMDA) and the Monetary Authority of Singapore (MAS) are seeking feedback on making the Singapore Quick Response Code (SGQR) more interoperable.
The consultation paper seeks views on IMDA’s and MAS’ ... |
| Sep 15, 2022 | Singapore Poised to Become a Wealthtech Powerhouse | Singapore’s wealthtech sector is growing at a fast pace. Amid soaring venture funding and booming adoption of robo-advisors, the city-state is on a path to becoming a leading wealthtech hub in Asia-Pacific (APAC), a new report by KPMG and E... |
| Aug 23, 2022 | Kenanga, Ant collaborate to roll out wealth management super app | FintechNewsStartups
Xavier Kong · 1d ago · 1 min readKenanga, Ant collaborate to roll out wealth management super app
Kenanga Investment Bank, a Malaysia-based financial services company, and Ant Group have entered an agreement to collabora... |
| Aug 1, 2022 | VCs, Industry Players Bullish on Long-Term Prospects Despite ‘Crypto Winter’ | The cryptocurrency market is down significantly since the end of 2021, with the overall market losing nearly 70% of its value from its last all-time-high levels of nearly US$3 trillion in November 2021. But despite what some are referring t... |
| Aug 1, 2022 | Malaysia’s TNG Digital Secures Funding from Lazada, Touch ‘n Go | TNG Digital, the owner and operator of the Touch ‘n Go eWallet, has secured RM 750 million (appr. $168.5 million) as part of its latest round of equity funding.
This investment round has been led by a fresh investment from the Lazada Group ... |
| Jul 27, 2022 | Fintech Momentum in Indonesia Continues to Gain Steam | Indonesia’s fintech sector has grown at a fast pace these past couple of years, driven by a dynamic startup ecosystem, supportive governmental initiatives to encourage innovation and help improve financial inclusion, as well as rapid adopti... |
| Jul 27, 2022 | Rise of Super-Apps Puts Pressure on Incumbents | In Asia, bigtechs and new digital banking challengers are rapidly gaining ground, forcing incumbent banks to rethink their business strategy and become a part of the super-app ecosystem, a new report by Finextra, in association with Infosys... |
| Jul 18, 2022 | Malaysia based Insurtech VSure Expands Its Operations to the United Kingdom | Malaysia-based digital insurance firm VSure.life recently revealed that it’s expanding operations into the UK in order to make it more affordable for SMBs to access insurance.
VSure will be working with local service provider McGill and Par... |
| Jul 13, 2022 | Vietnam’s Banking Execs Call for Open Banking Framework | In Vietnam, although financial institutions have realised the potential of open banking to enable more inclusive and accessible financial services, a patchy legal framework is hampering their efforts to join the data revolution.
Praising th... |
| Jul 5, 2022 | Crypto Exchange Binance Pursues Aggressive Expansion Plan in Southeast Asia | Binance has embarked on an aggressive expansion plan in Southeast Asia where the cryptocurrency exchange is looking to capitalize on booming trading activity to establish leadership in the region, and build influence in local markets.
These... |
| Jun 27, 2022 | Less Than 5% of the World’s 400 Neobanks are Profitable | Neobanking has been one of the most talked-about fintech segments of the past decade, a buzzing industry that’s seen an average of 68 new ventures being launched each year since 2017, data from consulting firm Simon-Kucher show.
But despite... |
| May 23, 2022 | GrabFin Rolls Out Investment Product Earn+ for Its Singapore Users | Southeast Asian fintech platform Grab Financial Group (GFG) announced that it will be launching Earn+, an investment product for its Singapore-based Grab users.
GFG also revealed that it will be launching GrabFin, a new brand that offers Gr... |
| May 19, 2022 | 7 Early Stage Insurtech Startups from Asia We’re Keeping an Eye On | Asia-Pacific (APAC) has seen the emergence of a dynamic insurtech landscape, fueled by favorable market conditions, low insurance penetration and investors’ bullishness.
Data from S&P Global Market Intelligence show that there are at le... |
| Apr 27, 2022 | Luno Secures MAS’ In-Principle Approval to Offer Crypto Services | Global cryptocurrency company Luno has been granted in-principle approval from the Monetary Authority of Singapore (MAS) under the Payment Services Act (PSA) to provide Digital Payment Token (DPT) services in Singapore.
MAS has granted in-p... |
| Apr 11, 2022 | Southeast Asia is Among The Highest Adopters of Mobile Banking | Over the past decade, Southeast Asia has undergone a significant technological transformation, a shift that’s been enabled by the region’s highly adaptable digital consumers. Consumers have leapfrogged to mobile devices, skipping personal c... |
| Apr 4, 2022 | Meet the Fintechs in Financial Times’ Top 500 High-Growth APAC Companies | The Financial Times (FT) has released its fourth annual ranking of growth champions in Asia-Pacific (APAC), recognizing the region’s fastest growing companies.
The FT ranking, compiled with data partner Statista, aims to identify the APAC c... |
| Mar 28, 2022 | Earned Wage Access Catches on in Asia | This past year has been flooded with news of funding rounds and product launches relating to earned wage access (EWA) in what appears to have become one of the hottest topics in the fintech world right now.
EWA, also referred to as early pa... |
| Mar 9, 2022 | There Is No Need for a Digital Sing Dollar Now, Says MAS | The Monetary Authority of Singapore (MAS) believes that there is no pressing need for the issuance of a digital Sing dollar even though the country is ready for it, according to Lawrence Wong, Deputy Chairman of MAS and Minister for Finance... |
| Mar 7, 2022 | First Mover Asia: Malaysia May Be Asia's Next Crypto Hub; Major Cryptos Decline as Russia Onslaught Intensifies | Good morning. Here’s what’s happening:
Prices: Bitcoin (BTC), ether (ETH) and other major cryptos decline.
Insights: Malaysia has the ingredients to become Asia's next crypto hub.
Technician's take: BTC appears to be oversold on intraday ch... |
| Feb 21, 2022 | India’s Fintechs Are Ramping up on Acquisitions and International Expansions | 2021 was a blockbuster year for global fintech funding, exits and unicorn minting, a trend that was also observed in the Indian fintech landscape where players raised a new record of US$6.9 billion, new data released by the Digital Fifth, a... |
| Feb 14, 2022 | Top 10 Most Well-Funded Fintechs in India | Globally the fintech scene was seeing record funding rounds in 2021, India being a global fintech powerhouse similarly experienced a stellar year of growth and funding.
Startups in the space raised a record of US$6.9 billion, up 331% from t... |
| Feb 11, 2022 | Thailand’s Financial Regulator Lays out Plans for Payments Using Digital Assets | Thailand’s central bank and financial regulator have shared their views and positions on regulating the new, digital-powered financial landscape, outlining plans to issue virtual banking guidelines, rules on the use of digital assets for pa... |
| Feb 3, 2022 | Thailand Seeks to Join the Digital Bank Race in Southeast Asia | The Bank of Thailand (BOT) is looking to issue guidelines for virtual banks in the country in a bid to play catch-up with neighboring countries Malaysia and Singapore who have already set their plans in motion.
In line with this, BOT is see... |
| Jan 13, 2022 | Airwallex Officially Kicks off in Singapore | Cross border payments company Airwallex announced its official launch in Singapore, following its grant of a Major Payment Institution (MPI) license by the Monetary Authority of Singapore and a beta launch in November last year.
Singapore b... |
| Jan 7, 2022 | Top 5 Fintech Trends in Asia in 2022 | With 2021 behind us, fintech experts and industry participants are sharing their predictions for the year to come, looking at the trends that shaped 2021 to predict the top fintech trends in Asia in 2022
Funding activities, industry develop... |
| Jan 6, 2022 | Singapore’s Top Fintech Legal Firms and Lawyers in 2022 | Chambers and Partners, an independent research company delivering rankings and insights into providers of legal services, has released its selection of Singapore’s top fintech law firms and individual lawyers for 2022.
These law firms and p... |
| Jan 5, 2022 | Incumbents Need to Adopt BaaS as Digital Banks Grows in Popularity | As neobanks and digital challengers continue to advance and become increasingly more popular, incumbents must modernize their architecture by embracing cloud-native digital platforms, a new article by consulting firm Bain & Company and ... |
| Dec 22, 2021 | Fintech in Singapore: 2021 in Review | In 2021, Singapore continued to pursue its ambition to become a world leader in fintech innovation, multiplying initiatives to foster green fintech, explore opportunities related on central bank digital currency (CBDC), and lay the foundati... |
| Dec 14, 2021 | New Report Assesses Digital Lender Impact on Southeast Asian MSMEs | In Southeast Asia, micro, small and medium-sized enterprises (MSMEs) are the backbone of the economy, making up for 97%-99% of the region’s total enterprises and contributing between 52% and 97% of total employment.
Yet, despite their centr... |
| Dec 6, 2021 | UniTeller, a Remittance Payments Provider, Extends Services to APAC Clients with Assistance from Tranglo | UniTeller, a global remittance payments processor with head offices in the US, has reportedly extended its remittance services to more clients residing in the Asia Pacific by teaming up with Malaysia’s cross-border payments Fintech Tranglo.... |
| Nov 18, 2021 | Airwallex Raises US$100 Million in Series E Extension, Now Valued at US$5.5 Billion | Cross border payments firm Airwallex announced it has secured an additional US$100 million in a Series E1 financing round, raising its valuation to US$5.5 billion. |
| Nov 8, 2021 | MAS Green Lights Payments Unicorn Airwallex to Operate in Singapore | Cross border payments company Airwallex, announced that its Singapore entity has been granted a Major Payment Institution License by the Monetary Authority of Singapore (MAS) under the Payment Services Act at the Singapore Fintech Festival ... |
| Nov 8, 2021 | Singapore and the Philippines Ink Deal for Cross-Border QR Payments Linkage | The Monetary Authority of Singapore (MAS) and the Bangko Sentral ng Pilipinas (BSP) today signed a deal to to facilitate interoperable payments between the two countries.
The enhanced Fintech Cooperation Agreement (CA) builds on the earlier... |
| Oct 29, 2021 | McKinsey: APAC Continues to Lead Global Payments Revenue Despite 2020 Decline | Despite a slight decline, Asia-Pacific (APAC) continued to dominate the global payments landscape in 2020. With approximately US$900 billion in revenue, the region accounted for 47% of global payments revenues, according to the 2021 McKinse... |
| Oct 18, 2021 | Southeast Asia Fintech Opportunity Pushes Startup Valuations Further Up | Southeast Asia’s large population of unbanked and growing Internet penetration make it a hotbed for fintech innovation and an attractive market for e-wallets and neobanks.
Despite currently lagging behind more developed markets like Austral... |
| Oct 8, 2021 | Digital Banking Reaches New Level of Maturity in APAC | In Asia-Pacific (APAC), the COVID-19 pandemic has brought the digital banking industry to a new level of maturity with penetration now approaching 90% across the region. This surge was largely driven by emerging markets, where adoption soar... |
| Sep 24, 2021 | In Asia Pacific, Super Apps Are Leading the Digital Banking Race | In Asia-Pacific (APAC), super-apps are not only redefining consumers expectations in banking; these platforms are straight out leading the digital banking race, according to a new report by Swiss digital banking tech provider Banking, Payme... |
| Sep 23, 2021 | Indonesian Fintech Unicorn Xendit to Shift Business Operations to Malaysian Markets | Indonesia-based payments Fintech Xendit has announced that it plans to relocate its financial hub to Malaysia.
As reported by Fintech News Malaysia, the Fintech Unicorn confirmed these plans during a speech by Finance Minister, Tengku Datuk... |
| Sep 21, 2021 | Airwallex Now Valued at US$4 Billion With Latest US$200 Million Series E | Cross border payments firm Airwallex announced it has raised US$200 million in an oversubscribed Series E financing round, increasing the company’s valuation to US$4 billion. |
| Sep 7, 2021 | Kita Jaga, a Malaysian Social Mobile App, to Raise Funds via GlobalSadaqah, an Islamic Social Finance Platform | Kita Jaga, a digital social mobile app meant for supporting individual consumers and families that may have been affected by the COVID-19 crisis, is planning to secure RM 200,000 (appr. $48,500) via a charity crowdfunding campaign to be con... |
| Sep 6, 2021 | Binance Ceases Singapore Offerings Following MAS’ Investor Alert | Singaporean crypto exchange platform Binance announced in a blog post that it will cease to offer certain product and service offerings several days after the Monetary Authority of Singapore added the company to its investor alert list.
The... |
| Sep 3, 2021 | Robo Advisor StashAway Makes Its Thailand Debut | Southeast Asian digital wealth manager StashAway is now available to Thailand residents and is regulated by the Securities and Exchange Commission (SEC).
According to central bank data, people in Thailand are increasingly investing in overs... |
| Sep 2, 2021 | MAS Joins Regulators Worldwide to Pin Binance Onto Its Investor Alert List | The Monetary Authority of Singapore (MAS) has joined a number of regulators worldwide to add Singaporean crypto exchange platform Binance to its investor alert list.
The beleaguered crypto exchange had previously applied for a license to of... |
| Aug 31, 2021 | Regulatory Tailwinds: A Look Into Indonesia’s New Digital Banking Framework | When Bank Indonesia released a new set of regulations for commercial banks last week, attention turned towards the long-awaited digital banking guidelines which were released alongside it. Indonesia joined its regional counterparts Singapor... |
| Aug 20, 2021 | Southeast Asia Gears up for Open Finance Movement | Open finance, the next step in the open banking movement that broadens the scope to a wider range of products and services, offers new growth and distribution opportunities for banks, fintechs and other financial services providers.
In Sout... |
| Aug 17, 2021 | Indonesia and Thailand Launch Instant Cross-Border QR Payment Linkage | Bank Indonesia (BI) and the Bank of Thailand (BOT) launched a cross-border QR payment linkage between Indonesia and Thailand today. Under this linkage, consumers and merchants in both countries will be able to make and accept instant cross-... |
| Aug 10, 2021 | Top 10 Fintech and Insurtech Innovation Labs in Singapore to Check Out in 2021 | Singapore, which has set out to become one of the leading fintech hubs in the world, has witnessed the establishment of dozens of innovations labs in recent years as banks and foreign tech firms are looking to capitalize on the city state’s... |
| Jul 31, 2021 | Binance Regulatory Crackdown Continues as Securities Commission Malaysia Announces New Enforcement Actions Against Crypto Exchange | The Securities Commission Malaysia (SC) has announced new enforcement actions against digital assets firm Binance.
The cryptocurrency exchange operator has been accused of illegally operating its trading platform in Malaysia. The SC has now... |
| Jul 21, 2021 | Jirnexu inked deals with more than five digital banking consortia | As published on Fintech News Malaysia. |
