Financial Technology

SEA gains 8.1 million new fintech users in Q1: study

Fintech penetration in the region was estimated at 83.3%.

Dah Sing Bank, YOOV partner for easy SME loan application

SME loan applications and approvals will be simplified.

Digital upskilling vital to Asian banking sector’s future

Coursera’s Raghav Gupta stresses the necessity of bridging the skills gap amid the rapid pace of digital transformation in the Asia Pacific banking...

Alipay, Mastercard enables visitors to transact digitally in China

Regardless of the origin of their Mastercard card, travellers can opt to choose this payment method.

HSBC’s PayMe allies with AsiaPay to offer merchant payment solutions

The collaboration attracts customers through versatile payment choices through a unified device.

Philippine digital bank Tonik hits 1 million customers

It furthers the bank toward its goal of financial inclusion in the country.

US SEC charges Binance for violations to securities law

The company and founder both misrepresented their restrictions on US customers.

OxPay and NomuPay ink partnership for market expansion

OxPay will be able to enter new markets where NomuPay already services.

StanChart, SFA unveil paper exploring DLT-use in supply chain payments

The publication explores stakeholder collaboration for improved payment transparency in supply chains.

TaishinPay QR payment now available in South Korea

The Taiwanese digital service also plans to include two-way ATM withdrawal capabilities.

UOB, Keppel to offer sustainable and digital solutions to SEA businesses

The primary objective of these solutions is to assist companies in their endeavours to achieve decarbonisation.

KakaoBank modernises data management system

The mobile-only bank targets to modernise its data management system.

Cambodia's Sathapana Bank incorporates AI for credit risk management

It aims to power its credit risk management with Artificial Intelligence (AI).

Hong Kong’s SFC to allow crypto trading

Final guidelines for crypto investment will become effective starting 1 June 2023.

Indonesian fintech SkorLife raises $4m in seed funding

The funding aims to promote responsible borrowing and fair credit practices in Indonesia.

Australia-based CoinJar lays foot on US grounds

The CEO remains confident despite regulatory risks.