Southeast Asia
Thailand, Philippine central banks discuss AI, digital payments in bilateral meeting
Thailand, Philippine central banks discuss AI, digital payments in bilateral meeting
They discussed the use of AI to support the central bank’s work, amongst others.
Central banks of Thailand, Vietnam hold bilateral meeting
The central bank representatives discussed banking and policy issues.
Malaysia, Indonesia renew bilateral swap agreement.
The agreement has been extended for another 5 years.
South Asia, SEA have ‘greatest potential’ for fintech lending: study
South Asia’s fintechs and young population lifted its rankings.
ShopeePay and dLocal expand partnership for enhanced payment solutions
It will facilitate the pay-ins and payouts.
MoneyHero revenue up 24% to $20.7m in Q2
Its revenue in Singapore rose by 68%.
Malaysia, Cambodia launch cross-border QR payment linkage
The initiative’s first phase has concluded as of 19 September.
Bank-fintech alliance a win-win, says HSBC
Lenders can learn from disruptive tech whilst aiding its champions comply with regulations.
YUP raises US$30m in Series B funding round
It will be used for SEA market expansion and the acquisition of an Indonesian banking licence.
OCBC unveils next-generation programme for wealthy customers
An estimated $2.5t in intergenerational wealth will be passed to the next gen by 2030.
SEA fintechs clinch $851m of funding in H1
Digital lender ANEXT Bank was one of two major funding rounds during the period.
UOB poised to benefit from growth of SEA's mass affluent segment
UOB has woven partnerships with privilege banking to appeal to the segment.
APAC Islamic banks continue upward trajectory with lift from new players
The launch of new Islamic players will improve access to financial services, says S&P.
Why BNPL is booming in Southeast Asia
BNPL providers in the region now focus on strategic partnerships, business model innovation, and ecosystem development.
BNPL provider Atome Financial doubles operating income in 2023
It’s BNPL services are now profitable, the company said in a press release.
Funding to SEA fintechs drop 44% in Q1 but early-stage fintechs fly high
Funding to crypto firms more than tripled compared to Q4 2023.
SIA taps Mastercard for Southeast Asia loyalty card programs
The co-branded credit and debit card programs offer new ways to earn KrisFlyer miles.
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