Alchemy Pay Gears up to Launch Web 3.0 Digital Bank for Businesses
Alchemy Pay, a provider of fiat-crypto payment solutions, is preparing to launch its Web 3.0 digital bank. This new initiative aims to provide global Web 3.0 businesses with a compliant and efficient...
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Swift Streamlines Cross-Border Payments for Corporate Clients with ISO 20022
Swift has announced a major upgrade aimed at improving the cross-border payment experience for corporate customers. The financial messaging network will extend ISO 20022 across the entire payment chain...
View ArticleKASIKORNBANK Adds Google Pay Support for Its Visa Credit Cards
Thailand’s KASIKORNBANK (KBank) has announced the launch of its new Tap-and-Pay service through Google Pay, allowing customers to make payments using their smartphones. This service aims to provide...
View ArticleAnti-Scam Centre and DBS Bank Recover Over S$170,000 in Tech Support Scam
Singapore’s Anti-Scam Centre (ASC) and DBS Bank have successfully recovered more than S$170,000 lost in a technical support scam. The victim, a 70-year-old woman, was using her computer when she saw a...
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Top 4 APAC Firms Leading The in The War Against Financial Crime
Over the past years, financial crime tech has risen to prominence, driven by increasing complexity and frequency of financial crimes, stricter regulations and compliance requirements, and technological...
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Mastercard Deploys Generative AI to Enhance Compromised Card Detection
Mastercard has announced the implementation of generative AI technology to significantly accelerate the detection of compromised cards, enhancing protection for cardholders and securing the payment...
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How AI is Shaping the Future of Client Relations in Finance
Artificial Intelligence (AI) is revolutionising the financial sector, transforming how institutions operate and cater to their clientele. As AI becomes increasingly integrated into finance, it is...
View ArticleCoinbase Leads Coalition of Tech Giants Against Financial Scams
Crypto exchange Coinbase has launched the Tech Against Scams coalition, teaming up with industry leaders like Match Group (the parent company of Tinder and Hinge), Meta, Kraken, Ripple, Gemini, and the...
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The Best Banks in Asia 2024, Ranked by Forbes
Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations — the best banks must adapt their...
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How Wealthtech is Changing the Game in Singapore’s Financial Planning Landscape
Singapore is renowned for its thriving economy and high standard of living, but how financially resilient are its citizens? The Sun Life Asia Financial Resilience Index, a survey conducted across eight...
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The Biggest Tech Trends in Asia’s Insurance Sector
In 2024, the insurance industry faces challenges caused by the rise in property and auto rates due to inflation, geopolitical uncertainties, and increasing regulatory scrutiny. Technology is emerging...
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MoMo, VNPAY, and ZaloPay Enable QR Payments for Visa Cardholders in Vietnam
Payments giant Visa has announced a new partnership with three of Vietnam’s leading e-wallets—MoMo, VNPAY, and ZaloPay—to enhance the payment experience for its cardholders at small and medium...
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Former Stripe Exec Gang Wang Named Nuvei’s New CTO
Canadian payments firm Nuvei Corporation announced that it has appointed Gang Wang as its new Chief Technology Officer (CTO). Reporting to Chair and CEO Philip Fayer, Wang will lead Nuvei’s global...
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Billions Lost to Fraud Despite Efforts, APAC Fintechs Grapple with Rising...
Despite tireless efforts from businesses and tech providers, fraudsters persist in siphoning off billions annually. According to the “2024 State of Fraud” whitepaper by Telesign, a customer identity...
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HAVA.id Bolsters B2B Services with bolttech Device Protection Coverage
International insurtech company bolttech has entered into a partnership with Indonesian B2B procurement firm HAVA.id to provide comprehensive device protection solutions for the latter’s business...
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How OpenWay’s Way4 Enabled the First CBDC Card Transaction in Eurasia
Central bank digital currencies (CBDCs) have largely existed in the virtual realm, with transactions initiated primarily through web and mobile interfaces. However, a significant shift has occurred...
View ArticleThailand Seeks Public Input on Proposed Digital Asset Regulatory Reforms
Thailand’s Securities and Exchange Commission (SEC) is seeking public input on proposed changes to the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018). These changes aim to update the...
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Tiger Brokers Singapore Enables 24-Hour Trading for Over 500 US Stocks and ETFs
Online brokerage Tiger Brokers Singapore has introduced 24-hour trading for over 500 popular US stocks and ETFs, including Tesla, Apple, and Nvidia. This new service allows Singaporean investors to...
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5 Lessons APAC Digital Banks Can Learn from Nubank’s US$1B Profitability Journey
The meteoric ascent of Brazilian neobank Nubank has sent shockwaves through the Latin American banking industry. In just over a decade, Nubank has amassed upwards of 100 million customers across the...
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London’s B2C2 Sets Sights on Singapore’s Digital Asset Market
B2C2, a London-based provider of institutional liquidity and credit for digital assets, is expanding its presence in the Asia-Pacific region with a new offering in Singapore. This move builds on the...
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