TechNode Global Staff
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 collaboration and study the application of Quantum Key Distribution (QKD) in financial services.
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 Cyberport, aiming at promoting digital transformation and innovation in the financial industry and establishing risk management mechanisms.
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 trading more accessible to the public.
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 annum return on the first S$20,000 ($15,178) and a target of 3.5 percent per annum on subsequent amounts.
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 funds raised to $79 million.
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 International.
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 closer in realizing the long-term vision of achieving seamless multi-chain connectivity and widespread adoption of digital assets.
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 year-over-year growth in its local customer base, driven by increased demand for faster, low-cost and more transparent international payments.
