News

Prudential partners Google Cloud to build innovative insurance products with AI

Global insurance firm Prudential plc and cloud computing services provider Google Cloud have on Thursday announced an expanded strategic partnership to build innovative artificial intelligence (AI)-powered products and applications that will help enhance customer, agent and employee experiences.

ECloudvalley appoints Sandy Woo as Malaysia Country Director to accelerate business growth

ECloudvalley Digital Technology, a Taiwan-based cloud solutions provider, has on Thursday announced the appointment of Sandy Woo as Country Director for its Malaysia operations.

Global payments platform Adyen expands payment processing to India

Adyen, the global fintech firm, announced Thursday its expansion in India. This is following the grant of authorization from the Reserve Bank of India to operate as an online payment aggregator in India for domestic and cross-border payments.

Xero Research: Digital payment trends exploding in Singapore with Gen Z leading shift

New research by global small business platform Xero revealed Thursday that Singapore’s younger generations of consumers are leading the shift to digital payments while more than half of small businesses in the country do not currently provide cash payment options.

Crypto.com and UEFA announce UEFA Champions League Partnership

Singapore-based cryptocurrency exchange company Crypto.com and the Union of European Football Associations (UEFA) announced Wednesday that Crypto.com will be the first and exclusive global cryptocurrency platform partner of the UEFA Champions League.

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.