Financial Technology
MAS commits $150m for third round of fintech funding scheme
This commitment will last for three years.
MAS commits $150m for third round of fintech funding scheme
This commitment will last for three years.
Fintech funding slows as COVID-driven digital hype fades
Valuations of technology stocks, both public and private, are down 60%, analysts said.
How are superapps changing the digital banking landscape?
In the future, a one-stop-shop may just be the way to go for bank customers.
BNPL, digital wallets accelerates growth of e-commerce fraud: study
Global e-commerce fraud will exceed $48b in 2023, and 22% will be from Asia.
Does the future of banking lie in the metaverse?
Virtual reality may be the answer to more digitally optimized financial services that does not sacrifice personalisation.
Fintechs to play transformative role in cross-border payments: MAS
MAS said the current state of cross-border payments is unfit for the 21st century.
Standard Chartered, Taulia ink MOU to offer supply chain finance solutions
Both parties will offer supply chain finance and dynamic discounting solutions.
Japan’s fintech funding on track to extend four year decline streak in 2022
The $300m in funding secured in H1 was less than half of 2021’s full-year investment value.
Rising interest rates births more challenges for Asia's digital banks
Few manage to break even, and those that do are back by conglomerates.
Grab, Singtel-led digital-only bank GXS debuts in Singapore
It has launched a savings account with a customizable pockets feature.
Bengalaru remains India’s fintech leader
WealthTech captured most of the seed funding; Marketplace Lending unlikely to rebound.
Indonesia’s fintech investments bucks global trend, hits record high in H1
Payment gateway Xendit raised $300m in its Series D funding to help push up the numbers.
Australia’s fintech investments down 75% in Q2
If it continues this trend, fintech investments will be down 39% in 2022.
Financial technology (companies in Australia raised $0.8b of capital...
Philippine fintech startup PayMongo launches partnership with Atome
The partnership will enable the expansion of BNPL services on the payment platform.
Taiwan signs fintech cooperation MoU with Israel
The country signed a similar agreement with four other countries.
Weekly Global News Wrap: Ex-Goldman SEA chairman’s sentencing for 1MDB fiasco delayed; Crypto trader Voyager goes bust
And Credit Suisse names new head of private banking in Switzerland.
Japan fintech investments fall to five-year low in Q1
There were only eight investment transactions during the quarter.
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CIMB Niaga leads the way in captivating Indonesia’s youth
![CIMB Niaga leads the way in captivating Indonesia’s youth]()
The bank’s digital solutions are winning over younger generations with 3.2M mobile users and 96% digital transaction rate in 2023.
The bank’s digital solutions are winning over younger generations with 3.
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