TechNode Global Staff

GFTN expands digital solutions ecosystem with five strategic partners to drive technology-enabled financial transformation

The Global Finance & Technology Network (GFTN) announced on Wednesday their partnership with five new platform partners to strengthen its suite of digital offerings and expand its capability to deliver technology-enabled transformation across global financial ecosystems.

TenPay Global broadens integration of international wallets to Weixin Pay

TenPay Global, Tencent's cross-border payment platform and one of the designated inaugural foreign institution partners of China's Cross-Border Interconnection Payment Gateway (CPG), is expanding the connection of international wallets and institutions to Weixin Pay through CPG.

Temasek backs US AI chipmaker d-Matrix’s $275M funding

D-Matrix, the United States-based artificial intelligence (AI) chipmaker, has closed $275 million in Series C funding, valuing the company at $2 billion and bringing the total raised to date to $450 million.

The Librarian raises $2M in seed round led by Golden Gate Ventures

The Librarian, a Seattle-and-Singapore-based artificial intelligence (AI) assistant, has raised $2 million in seed funding led by Golden Gate Ventures.

Singapore’s Bioactivx raises $1.43M in seed round led by Cocoon Capital

Bioactivx (BAX), a Singapore-based biomaterials startup, has closed its $1.43 million seed funding round led by Cocoon Capital, with participation from global strategic investors.

GenAI Fund allocates over $6M to AI startups

The Singapore-based artificial intelligence (AI)-focused venture fund and corporate innovation platform GenAI Fund announced Thursday a $6 million allocation for six AI startups.

NTT Group establishes its first Southeast Asia startup investment vehicle in Singapore

Japan-based NTT DOCOMO Ventures, Inc. and NTT Finance Corporation will jointly establish a new investment vehicle in Singapore, Synexia Ventures Pte. Ltd., aimed at strengthening collaboration with promising startups in Southeast Asia.

Indosat, Nokia, and NVIDIA launch AI-RAN research center to drive mobile AI innovation in Indonesia

Indosat Ooredoo Hutchison (Indosat), Nokia, and NVIDIA, announced Wednesday the opening of a research center in Surabaya, Indonesia, designed to develop artificial intelligence (AI)-powered Radio Access Networks (RAN).

MAS issues guidelines for AI risk management

The Monetary Authority of Singapore (MAS) has on Thursday issued a consultation paper proposing a set of Guidelines on AI Risk Management to guide financial institutions on the responsible use of artificial intelligence (AI) in the financial sector.

Mastercard and Thunes team up to bring stablecoin payouts to the mainstream

Mastercard and Thunes, the Singapore-based fintech firm, have teamed up to accelerate global money movement for banks, payment service providers and end-users by expanding stablecoin wallet payout capabilities.