Tag: financial services

Revolut positions Singapore as Southeast Asia base with nearly SGD 350 Million commitment

Revolut positions Singapore as Southeast Asia base with about US$270m commitment

4 days ago

Bernard Parado

Singapore – Revolut has committed about S$350 million (US$270 million) to Singapore over the next five years, as it prepares to open a new office at Collyer Quay Centre in early 2027. The fintech company announced the plan on 8 October 2026, saying the investment will span product innovation, business...

BDO Unibank upgrades payments infrastructure with Finastra's Global PAYplus

5 days ago

Bernard Parado

Manila, Philippines – BDO Unibank, Inc. (BDO) has moved its payments infrastructure onto Finastra’s Global PAYplus (GPP), according to the software provider, to support growing transaction volumes and strengthen operational resilience. Finastra announced the deployment on 7 October, saying it...

FOMO Pay adds Sumsub verification and monitoring tools to its compliance infrastructure

1 week ago

Bernard Parado

Singapore – Singapore-headquartered payment institution FOMO Pay has partnered with Sumsub to add identity verification, business verification and transaction monitoring to its compliance infrastructure. The move comes as the company expands across markets. Sumsub, which describes itself as the first...

GoTyme pairs AWS DevOps agent with human approval for AI incident response

1 week ago

Bernard Parado

Hanoi, Vietnam – GoTyme has built a generative AI-powered Root Cause Analysis (RCA) solution on Amazon Web Services (AWS), extending its existing use of the cloud provider to automate how it investigates banking incidents. The multi-country digital banking group announced the tool on 29 September 2026...

Huawei launches Fintelligent AI solution for financial institutions

2 weeks ago

Ansherina Baes

Shanghai, China – Huawei has launched its Fintelligent AI Solution worldwide, introducing a framework designed to help financial institutions deploy and manage AI systems at scale. Huawei made the announcement at its Global Finance Summit, where Jason Cao, CEO of Huawei Digital Finance BU, delivered...

Tencent Cloud and Boost collaborate on fintech infrastructure and AI innovation

2 weeks ago

Ansherina Baes

Kuala Lumpur, Malaysia – Tencent Cloud has partnered with fintech company and digital bank Boost to support its digital transformation and innovation initiatives in Malaysia and Indonesia, covering cloud infrastructure, artificial intelligence, and super app development. Under the partnership, Tencent...

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

3 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,...

Singapore organisations trail global counterparts in cyber risk visibility, threat validation: study

3 months ago

Aliza Carmona

Singapore – Despite Singapore’s reputation as a global leader in financial services technology and critical infrastructure, organisations in the city-state rank last among countries surveyed for automated threat validation and consolidated cyber risk visibility, according to a new report by threat...

Income Insurance transfers HIVE digital insurance platform to EFGH

3 months ago

Teddy Cambosa

As part of the transfer, employees involved in HIVE's development and operations will move to EFGH to maintain continuity of the platform and its services.

Nuvei agrees to acquire Payoneer in $2.75b deal to expand global commerce capabilities

3 months ago

Teddy Cambosa

Under the terms of the agreement, Nuvei will acquire all issued and outstanding shares of Payoneer Global Inc. common stock for $7.40 per share in cash.

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Tag: financial services

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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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