Indonesia’s GoTo appoints former Alibaba executive William Xiong as Group CTO
Xiong, a French citizen, brings more than 25 years of experience in software and product development, with a strong background in e-wallets, insurance core systems, business…
Malaysia’s Boost Bank launches SME financing solutions
Boost Bank, Malaysia-based homegrown digital bank, announced on Thursday the upcoming launch of its SME Financing services in early October.
Malaysia & Cambodia launch cross-border QR payments connectivity
Under this linkage, consumers and merchants in both countries will be able to make and receive instant cross-border QR payments.
Fintech firms Lightnet & WeLab partner to build Thailand’s virtual bank
Lighthub Asset, a Thai fintech company, and WeLab, a pan-Asian fintech platform, announced on Thursday that they have submitted an application for a Virtual Banking licence with…
NextBold Capital eyes $100M fund to back SMEs in Vietnam, Cambodia, and Laos
NextBold Capital, a Vietnam-based private equity firm, is eyeing $100 million fund to back small and medium-sized enterprises (SMEs) in Vietnam, Cambodia, and Laos.
GoTo partners Alibaba to grow digital economy in Indonesia
PT GoTo Gojek Tokopedia Tbk (GoTo), an Indonesia-based digital ecosystem, and Alibaba, a China-based global e-commerce and technology company, have announced a strategic…
AI takes on the next sensory frontier: smell
Among the five human senses, AI development has advanced the furthest in the area of vision, with computers now easily able to identify and understand images. As for auditory…
Proton : 87% of local suppliers express intention to collaborate with China suppliers in EV components
Survey shows 87 percent of Proton Holdings Bhd's suppliers intend to collaborate with China suppliers in electric vehicle (EV) component, the Malaysian national automaker said…
IFC and the Carbon Trust join forces to cut emissions in emerging markets
In a move to help more companies decarbonize operations and reduce emissions along their supply chains, the International Finance Corporation (IFC), a member of the World Bank…
Singapore’s dtcpay & Visa announce partnership to advance the future of digital payments
The dtcpay and Visa partnership seeks to bridge the gap between traditional payments and digital currencies, enabling merchants to accept payments from this growing segment of…
Malaysia’s MYEG partners freight forwarders to promote ZTrade adoption for cross-border trades
Both MYEG and FMFF agreed to work together on several initiatives related to the positioning of ZTrade as the NSW for domestic trade as well as cross-border trade to and from…
YouTube & Shopee partner in Southeast Asia e-commerce tie-up – report
With YouTube Shopping, Alphabet Inc and Shopee will be competing against TikTok, the Bytedance-owned video app, which has increased its ambitions for the region after taking…
Vietnam’s EV maker VinFast officially launches mini SUV VF3 in the Philippines
The launch of the VF 3 marks another significant milestone in VinFast’s journey in the Philippines, reaffirming its commitment to providing premium quality products at inclusive…
How artificial intelligence impacts invoice fraud
As more organizations increasingly rely on automated systems, the sophistication of fraudulent invoicing schemes has also evolved, incurring significant financial losses.…
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