Financial Technology

Reshaping fraud detection in Asian finance with knowledge graphs

Financial fraud has evolved into a sophisticated threat, growing in both scale and economic impact.

State Bank of India taps SG-based APIX for fintech innovation platform

The platform will provide access to over 250 financial service APIs.

Wise gains direct access to PH’s InstaPay and PhilPaSS Plus

This enables over 63% of all Wise transactions to be completed instantly, with an average fee of 0.62%.

Mastercard launches OTP-free online transaction

This ensures that payment credentials are not shared with third parties. 

Maya Philippines rolls out new international payment service

The service allows foreign customers to pay in their home currency

Banque de France, MAS completed post-quantum cryptography trial

The technology aims to protect data from cybersecurity threats posed by quantum computing.

Endowus Hong Kong’s client base increased sevenfold

The group has surpassed US$200m in private markets and hedge funds.

PH cybercrime body, JuanHand ink MOA on combat fintech lending cybercrime

They will develop a data and information sharing mechanism.

Volume of transactions drives financial crime compliance costs

Manual intervention and regulatory complexity also contributes to compliance expenses.

UPI expands beyond India, driving global adoption

It simplifies small payments for its users.

UPI transforms person-to-person, business transactions

Indian Bank CEO highlights UPI's impact and global trends at Sibos 2024.

Singapore fintech funding down 10% to $208m in Q3

The drop is in line with overall tech startup funding in Singapore.

Why banks will be ‘invisible’ by 2030

They either become the platform or willingly lose their brand visibility.

South Asia, SEA have ‘greatest potential’ for fintech lending: study

South Asia’s fintechs and young population lifted its rankings.

YouBiz, CloudMile announce AI and cross-border payment partnership

Companies using a YouBiz corporate card will receive up to a 5% discount.