Financial Technology

SG AI fintechs score funding wins amidst fintech investment downturn

This bucked the global trend, where AI fintechs overall clinched less investments.

Funding winter settles upon ASEAN fintechs, but rebound in sight

In the meantime, fintechs can take advantage of the lower valuations and acquire other firms.

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...