Category: Fintech

Singapore’s MAS to advance quantum computing, AI capabilities with recent S$100m finance investment

4 months ago

Azunta Gaviola

Singapore – In a bid to advance the country’s finance sector, the Monetary Authority of Singapore has announced that it has recently committed a total of S$100m investment for the sector’s quantum computing and artificial intelligence capabilities.For this initiative, it was reported that the...

AmInvestment Bank, Broadridge collaboration to optimise securities finance services

4 months ago

Azunta Gaviola

Kuala Lumpur, Malaysia – In an effort to streamline their offerings for securities borrowing and lending products, Malaysia-headquartered banking firm AmInvestmentBank has recently announced its deployment of the securities finance and collateral management platform of Broadridge Financial Solutions,...

Philippines’ central bank launches plan for enhanced cybersecurity, AI initiatives

4 months ago

Azunta Gaviola

Manila, Philippines – The Bangko Sentral ng Pilipinas has recently announced its plans for a financial services cyber resilience framework for 2024–2029, focusing on the promotion of coordinated response mechanisms and active information sharing on cybersecurity standards in the financial industry.Along...

Malaysia’s BigPay to offer global payment solutions, ATM withdrawals with recent expansion in Thailand

4 months ago

Azunta Gaviola

Thailand – BigPay, a financial technology firm in Southeast Asia, has recently announced that it has expanded its financial services to both travellers and residents in Thailand. In a statement, the company said that users can now sign up digitally to access its benefits, including the ability...

GoTo announces launch of latest AI-enabled voice assistant on GoPay app

4 months ago

Azunta Gaviola

Jakarta, Indonesia – GoTo, a software development firm, has recently announced that it has launched a new AI-enabled fintech voice assistant named ‘Dira by GoTo AI’ on the GoPay app. This solution allows users to navigate the GoPay app and perform tasks using voice commands in Bahasa Indonesia.As...

Cashless payments in APAC expected to reach US$26.7t, nearly 45% global volume by 2030: report

4 months ago

Azunta Gaviola

Asia-Pacific – Cashless payments in Asia-Pacific are anticipated to reach US$26.7t, indicating nearly 45% of the US$60.1t global payment volume by 2030. This is according to a recent study conducted by financial services firm S&P Global Market Intelligence.Data from the report found that the region...

DIFISOFT inks MOU agreement with Quantit for AI-driven financial investments across SEA

4 months ago

Azunta Gaviola

Hanoi, Vietnam – Vietnamese fintech firm DIFISOFT has announced that it has recently inked a partnership agreement with South Korean AI fintech firm Quantit through a memorandum of understanding.This strategic initiative enables the two to establish AI-driven financial investment solutions in the...

AIA Singapore announces appointment of Afees Ashroff as new chief technology officer

4 months ago

Azunta Gaviola

Singapore – Insurance firm AIA Singapore has recently unveiled its appointment of Afees Ashroff as its new chief technology officer, effective immediately. This strategic appointment enables Ashroff to directly report to Wong Sze Keed, chief executive officer of the company. Taking on his position,...

Singapore’s major retail banks to eliminate one-time-password login feature to counter phishing attempts

4 months ago

Azunta Gaviola

Singapore – In a concerted effort to counter phishing, the Monetary Authority of Singapore (MAS), along with the Association of Banks in Singapore (ABS), has recently announced that the country’s major retail banks will gradually eliminate the use of one-time passwords for logging into bank accounts...

TymeBank welcomes Karl Westvig as new chief executive officer

4 months ago

Azunta Gaviola

Singapore – TymeBank, a financial services firm, has recently announced the appointment of Karl Westvig as its new chief executive officer, starting in October 2024.Westvig holds extensive leadership experience in the lending and financial technology landscape. In his previous position, he was able...

Video Title Here: The Indonesian on-ground activation status

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Category: Fintech

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Video Title Here: The Indonesian on-ground activation status

Video Title Here: The Indonesian on-ground activation status

Video Title Here: The Indonesian on-ground activation status

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