Category: Fintech

Cybersecurity gap widens as Asia Pacific SMEs embrace AI and digital payments, report finds

2 weeks ago

Bernard Parado

Singapore – Asia Pacific small and medium-sized enterprises (SMEs) are rapidly adopting artificial intelligence (AI) and digital payment tools, but a significant gap in cybersecurity protection is emerging alongside this shift. This is according to Mastercard’s latest report, based on a 2026 survey...

Grab to acquire 60% stake in Atome Financial for $1.49 billion

2 weeks ago

Ansherina Baes

Singapore – Grab has agreed to acquire a controlling 60% equity interest in Atome Financial for $1.49 billion in cash, in a proposed transaction aimed at expanding its consumer lending business across Southeast Asia. The deal would combine Atome Financial’s portfolio of buy now, pay later (BNPL) products,...

XTransfer expands bank partnerships to support cross-border payments

2 weeks ago

Ansherina Baes

China – Cross-border B2B payments platform XTransfer has signed strategic cooperation agreements with China ZheShang Bank (CZ Bank) and Industrial Bank Co., Ltd. (CIB), targeting foreign trade payment and foreign exchange requirements across emerging markets. The agreements were signed during an event...

Clear Street names Stephen Nash as Chief Business Officer, Global Partnerships

2 weeks ago

Bernard Parado

Singapore – Cloud-native financial infrastructure firm Clear Street has named Stephen Nash as Chief Business Officer, Global Partnerships, a newly created role focused on expanding the Company’s reach among foreign banks, fintechs, and financial institutions. Nash will lead commercial strategy...

Sony Bank and Fujitsu expand generative AI use across banking system development

2 weeks ago

Ansherina Baes

Japan – Sony Bank and Fujitsu have reported a 30% reduction in the development period for a core banking system after applying generative AI across processes from basic design through integration testing. The companies began full-scale generative AI use in September 2025, using development assets including...

DBS, OCBC and UOB advance tokenised deposit payments on Swift platform

2 weeks ago

Bernard Parado

Singapore – DBS Bank, Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank (UOB) have completed live domestic Singapore dollar transactions using tokenised deposits on Swift’s blockchain-based ledger, according to the three banks. The milestone marks the first time the trio...

Ant International rolls out Agentic Mobile Protocol as payments firms explore AI agent standards

2 weeks ago

Ansherina Baes

Singapore – Ant International is expanding the global rollout of its Agentic Mobile Protocol (AMP), with digital wallets and payment acquirers joining the initiative as the payments industry explores how artificial intelligence (AI) agents can participate in commercial transactions. The company has...

Ant Group open-sources AI model built for financial workflows

2 weeks ago

Bernard Parado

China – Ant Group has open-sourced Ling-3.0-flash-Fin, an AI model purpose-built for financial workflows, according to an announcement made at the 2026 Inclusion·Conference on the Bund in Shanghai on 9 September. The release marks the company’s latest step in bringing AI into practical, real-world...

AXA and BytePlus explore AI applications across insurance operations

3 weeks ago

Ansherina Baes

Hong Kong – AXA Hong Kong and Macau and BytePlus have signed a Memorandum of Understanding (MOU) to explore the use of artificial intelligence (AI) and large language model (LLM) technologies across insurance operations. The collaboration will focus on developing insurance-specific AI applications,...

Ant International, Mastercard and Visa collaborate on AI agent verification

3 weeks ago

Ansherina Baes

Singapore – Payment and digital commerce providers are exploring common approaches to identifying and verifying artificial intelligence agents as the technology becomes increasingly involved in transactions made on behalf of consumers. Ant International, Mastercard and Visa have begun collaborating...

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Category: Fintech

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Video Title Here: The Indonesian on-ground activation status

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Video Title Here: The Indonesian on-ground activation status

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