News
Why banks must act fast on quantum threat
Why banks must act fast on quantum threat
The financial cost of delay would be roughly 2.5% of the information technology budget.
Why AI governance is a key priority for financial institutions
MAS recently released its guidelines on AI risk management.
India’s digital public infrastructure gains traction in Global South
The model uses public digital rails to help governments deliver services at scale.
Payment leaders push for interoperability to solve SME cash flow
Bridging the gap requires a regulatory framework to achieve finality in payments.
Foreign institutions pursue market entry as Japan strengthens fintech rules
Reliability defines Japan’s fintech advantage in Asia
Finance leaders flag governance risks with fast growing fintech systems
Finance leaders discuss macroeconomics, AI, new forms of money, policy sustainability, and more.
Paytm tests AI-powered POS device for merchant performance insights
Merchants in India tested the tool, often using it for real-time translation.
TNG eWallet, easypasia enhance customer service with Alipay+ genAI platform
They will offer tailored product recommendations and timely reminders.
Western Union and TenPay Global launch co-branded store in Singapore
The two are partnering to bring an omni-channel remittance experience.
MAS, Bundesbank agree to deepen cooperation on tokenised payments
It aims to create new settlement solutions that reduce the costs and processing times of cross-border payments.
Central banks trial real-time cross-border FX settlement system
A key focus is enabling atomic settlement for Payment versus Payment (PvP) FX trades.
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
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Awards
Jul
02
Events
Event News
Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
Bhagavi Sridharan explains how the ABCD app offers a seamless, unified experience across diverse financial products.
Commentary
Thailand backs major conglomerates for digital banks but risks stifling innovation