Financial Technology
Embedded finance, partnerships to shape future of SEA fintechs
Digital payments, WealthTechs, and cryptocurrency are also slated for growth.
Embedded finance, partnerships to shape future of SEA fintechs
Digital payments, WealthTechs, and cryptocurrency are also slated for growth.
SG AI fintechs score funding wins amidst fintech investment downturn
This bucked the global trend, where AI fintechs overall clinched less investments.
ASEAN banks show impressive uptime performance in 2023 – Brankas
The report calls for better customer awareness of disruption and recommends institutions to keep at least a 99% uptime.
KakaoBank expands AI research at ICN10 data centre
Digital Realty's ICN10 data centre was selected for its optimized AI deployments.
Navigating the Fintech Frontier: Key Trends Shaping 2024
As financial networks look to become increasingly interconnected within and cross borders, the imperative to ensure their seamless and stable...
1 in 3 Singaporeans use digital investment apps
There is a desire in the local population to increase private wealth, says UnaFinancial.
BPI doubles GCash e-loading fee
GCash loading via ECPay fee will be charged PHP10 starting March.
Boost-RHB digital bank clinch official approval to commence operations
Boost Bank aims to pave the way for a new era of embedded finance
Vietnam fintech funding plummets 84% in 2023
For the second year in a row there were no late-stage funding rounds.
SEA fintech investments drop 65% to $2b in 2023
Singapore made up over half of the investments, with its fintechs clinching $1.1b in total.
BSP onboards first non-bank e-money issuer in real-time settlement system
OmniPay no longer needs an existing RTGS participant to sponsor their settlement.
Indonesian fintech investments halved in 2023: study
Seed-stage and early-stage funding plummeted during the year.
GCash eyes “biggest IPO” title, overseas expansion in 2024
The Philippines’ biggest payments and mobile wallet floats the possibility of going public soon.
How banks can ensure customer safety in Gen AI adoption
Gen AI is expected to add up to US$340b in new value to banks. But obtaining a slice of this will not be an easy process.
Laos, Vietnam ink MOU for cross-border QR code payment linkage
The MOU will facilitate the use of local currencies in retail payments in the two countries.
Saxo CEO stresses digital wealth’s key role in investment access
The wealthtech industry is expected to skyrocket its ‘onshore’ PFA of around $81t (SG$108.27t/HK$632.82t) by 2027, driven by Singapore and Hong Kong...
Arthur D. Little sees embedded finance growth to $350b in 2024
Generative AI and the expansion of fintech brands into the insurance sector are predicted to propel the industry’s advancement to new heights.
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HSBC Hong Kong shines at ABF Retail Banking Awards
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1. Zed challenges banking norms with no interest, forward-looking credit card 2. Citi names Amit Dhawan as head of CCB Singapore 3. StanChart joins Visa’s B2B Connect to enhance cross-border payments 4. Hang Seng Bank warns against phishing email 5. Fintech Qashier clinches in-principle approval for a MPI license from MASAwards
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Beyond the Hype: Building Trust in Generative AI for a Secure Financial Future
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