Study: 51 percent of Indonesian financial institutions are focusing on deploying GenAI for daily tasks

51 percent of Indonesian financial institutions are focusing on deploying generative artificial intelligence (GenAI) for everyday tasks, a study revealed Thursday.

MAS collaborates with banks and technology partners on quantum security

The Monetary Authority of Singapore (MAS), DBS, HSBC, OCBC, UOB, SPTel and SpeQtral have on Wednesday signed a Memorandum of Understanding (MoU) to embark on quantum security…

HKMA and Cyberport jointly launch “GenAI Sandbox”

The Hong Kong Monetary Authority (HKMA) has on Tuesday announced the launch of “Generative Artificial Intelligence Sandbox” (GenAI Sandbox) in collaboration with digital community…

PDAX, Investagrams join forces to make cryptocurrency trading more accessible in the Philippines

The Philippines-based cryptocurrency exchange platform PDAX has announced a strategic partnership with online educational finance platform Investagrams to make cryptocurrency…

Singapore’s Chocolate Finance launches spare cash management account

Singapore fintech firm Chocolate Finance announced Wednesday the launch of its spare cash management account. The firm redefines cash management with an enticing 4.2 percent per…

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The evolution of cybercrime: Navigating the digital wild west

In a world where carjacking is done with a keyboard, bank heists are carried out through phishing emails, and corporate espionage is executed with a few lines of malicious code,…

Syfe raises $27M in new funding round, announces profitability in Singapore

Syfe, a Singapore-based saving and investment platform, has on Wednesday announced that it has closed a $27 million funding round, increasing its valuation and bringing total…

Singapore’s Sea revises up guidance for Shopee amid strong e-commerce momentum

Singapore-based tech conglomerate Sea Limited has raised the outlook for its e-commerce arm Shopee amid strong e-commerce momentum.

DBS launches blockchain-powered Treasury Tokens pilot with Ant International for 24/7 treasury and liquidity management

Singaporean bank DBS has announced the pilot launch of DBS Treasury Tokens, a next-generation treasury and liquidity management solution, in collaboration with fintech firm Ant…

Animoca Brands joins ZetaChain as validator to accelerate multi-chain interoperability and digital asset adoption

ZetaChain, a universal blockchain, has announced that Animoca Brands, a Hong Kong-based gaming firm, has become a validator on ZetaChain. This collaboration brings the industry…

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When “self-driving” enters the laboratory

#AI allows humans to conduct research and achieve innovation in a more efficient, more cost-effective, and more systematic way. However, looking back at the history of human…

Wise increases account holding and spending limits amidst 30 percent year on year customer growth in Singapore

Global technology company Wise announced Tuesday it has expanded its holding and spending limits for the Wise Account in Singapore. This comes as Wise celebrates a 30 percent…

EDOTCO, MDEC, Boost team up to accelerate digital economy in Malaysia

Telecommunications infrastructure company EDOTCO Malaysia has on Tuesday announced two strategic partnerships with Malaysia Digital Economy Corporation (MDEC) and Boost to…

Indonesia’s Qoala appoints new board members and launches ESOP buyback to fuel growth across Southeast Asia

Indonesia-based insurTech company Qoala has on Tuesday announced the addition of two key leaders, Randy Lianggara and Yujun Chean, to its board as part of its regional strategic…