News

Fintech leaders urge unified standards as digital payments stay fragmented

Developers face incompatible payment systems across providers.

How big finance players bolster defences with AI as scams surge

Despite tech advancements, human behaviour remains the dominant vulnerability.

Why banks leverage AI to bridge legacy systems with modern payment rails

These can unlock legacy data and facilitate real-time payments.

Maybank inks cross-border payments MOU with XTransfer

Collaboration expands FX and Islamic payment reach across ASEAN markets

‘Trust’ will anchor AI-driven global trade networks—financial experts   

However, building trust continues to be a constant challenge for the industry.

MAS issues draft AI risk guidelines for all financial institutions

Guidelines cover governance, lifecycle controls and proportional AI safeguards

MAS completes live trial of interbank lending using wholesale CBDC

SGD Testnet enables financial institutions to settle tokenised financial assets using wholesale CBDC.

Visa expands Intelligent Commerce framework across Asia Pacific

The trusted Agent Protocol enhances verification for AI-led transactions.

Visa expands scan to pay QR network across APAC

Unified wallet integration under Visa Pay enhances regional acceptance

Nium joins Visa stablecoin settlement pilot to enhance cross-border payments

The partnership enables USDC-based blockchain settlements for enterprise clients.

ASEAN fintech funding hits nine-year low as larger deals dominate

Singapore captures 87% of total, led by late-stage firms

Singapore to trial tokenised MAS Bills using central bank digital currency

The move follows the first live interbank settlement using wholesale digital currency.

Financial leaders reject ‘Global South’ label over tech boom reality

Financial distress is not an emerging market-only problem.

Mastercard, Thunes expand stablecoin wallet payouts worldwide

Mastercard Move currently supports over 200 markets and 150 currencies.