FinTech

France-headquartered IDEMIA Secure Transactions (IST) has announced a strategic partnership with Payments Network Malaysia (PayNet) to support the expansion of digital payments in Malaysia.

QR payments have emerged as a preferred option among Malaysians, with transaction volumes on the DuitNow QR more than doubling to three billion transactions in 2025, underscoring both the scale and speed of adoption, Bank Negara Malaysia said.

China’s online and mobile payment platform Alipay has launched a new AI payment processing product aimed at enabling businesses in mainland China, including small firms and one-person companies, to accept payments from autonomous AI agents.

Singapore-based Ant International has introduced a new Agentic Mobile Protocol (AMP) to support the growing agentic commerce by enabling secure, AI-driven payment connections across mobile services.

GXS Bank on Monday unveiled its GXS Biz Property-backed Loan, developed in partnership with Funding Societies, offering small and medium-sized enterprises (SMEs) in Singapore access to up to S$2 million ($1.57 million) in financing secured against residential or commercial property.

SUNRATE, the global payment and treasury management platform based in Singapore, announced Tuesday that it has been granted a license by the Malaysian Central Bank, marking a key milestone in the company’s continued expansion.

US fintech firm Robinhood has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) to offer brokerage services.

Bank for Investment and Development of Vietnam (BIDV), Vietnam National Payment Corporation (NAPAS), and South Korea's KEB Hana Bank and GLN International, launched a cross-border QR code payment service connecting Vietnam and South Korea on Thursday.

Indonesia's buy now pay later (BNPL) firm Kredivo now holds a 99.99 percent stake at Timo Vietnam JSC, also known as Timo digital bank by BVBank in Vietnam.

Payments Network Malaysia Sdn Bhd (PayNet) said Thursday it processed 8.44 billion digital payment transactions in 2025, reflecting how digital payments are increasingly the preferred payment method across Malaysia, driven by continued adoption across banks, non-banks participants, businesses and consumers.