Financial Technology
SCB Tech X appoints new CEO
SCB Tech X appoints new CEO
Kanakakorn has over 20 years of experience in the technology and financial sectors.
2 days ago
Stablecoins bill brings stricter oversight, opportunity to Hong Kong
The digital tokens could support cross-border payments and smart escrow.
2 days ago
Ant launches agentic AI travel companion embedded in mobile wallets
The service is available in Alipay, AlipayHK, and GCash to start.
dLocal gets green light to operate in three new markets
It has expanded its presence in the Philippines, Turkey, and the UAE.
1 in 2 Gen Alpha has digital wallet, investment account
Over half uses a digital wallet, and nearly the same share has an investment account
MoneyHero reduces net loss to $2.4m
They are also gearing up to launch Credit Hero Club with TransUnion.
Digital wealth platform Syfe raises $80m in series C funding round
It now has over $10b in assets, it said.
Airwallex raises US$300m in Series F funding
The company plans to use the funds to expand into Japan, Korea, the UAE, and Latin America.
Embedded finance platform Credilinq closes $8.5m Series A funding round
It plans to expand to the US, and eventually the UK and Australia.
Fintechs, banks unite for win-win
Changing markets are forcing them to forge mutually beneficial alliances.
China’s XTransfer granted electronic money institution license in the Netherlands
They plan to expand services across 30 countries in Europe.
Total spending in China via Alipay’s overseas wallets doubled during Labor Day holiday
Alipay Tap! also saw a 50% rise in spending during the period.
Revolut rolls out five new currencies including Chinese Yuan
Users can now hold and exchange 39 different currencies directly in-app.
Fintech funding rises to highest Q1 period in two years
They amassed $10.3b in funding across 777 deals made.
Money transfer firm Wise hiring hundreds of roles in Hyderabad
It will launch a new hub in the city in the second half of 2025.
Aleta Planet unveils digital payment app for Muslim merchants
It offers no transaction fees for 24 months and cashbacks for merchants.
Instapay and Mastercard enable near-real time remittance to 6 Asian countries
It will enable 3 million migrant workers in Malaysia to remit funds in local currencies.
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1. Investment banking fees jump 38% in H1 2025: report 2. OCBC CEO Helen Wong to retire; Tan Teck Long named successor 3. Exceptional fintech leaders, innovations honoured at Asian Banking & Finance Fintech Awards 2025 4. UOB acknowledges penalty for anti-money laundering breaches 5. Revolut partners with Ant Int’l to enable transfers to China via AlipayResource Center
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The financial institution bagged the ASEAN SME Bank of the Year, SME Bank of the Year - Hong Kong, and SME Bank of the Year - Indonesia.
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Beyond the code: How mobile banking is weaving a new financial narrative in Asia