News
Malaysia and Singapore launch cross-border real-time payment systems connectivity
Malaysian central bank Bank Negara Malaysia (BNM) and Singapore central bank the Monetary Authority of Singapore (MAS) have jointly launched the real-time payment systems linkage between Malaysia’s DuitNow and Singapore’s PayNow.
Ant International, Grab, StraitsX collaborate to enable cross border payments with Purpose Bound Money for local merchants
Ant International, Grab, and StraitsX (part of Fazz) have on Thursday announced a collaboration to look into the potential for Purpose Bound Money (PBM) to be applied to cross border payments. If successful, this advancement in cross border payment capabilities will expand PBM use cases with the aim of launching in Singapore in 2024.
Supermom launches initiative to partner 25 Singaporean brands expanding to Indonesia
Supermom, a Singapore-based parenting networks backed by AC Ventures, has announced the launch of a new initiative committed to helping small businesses develop. The tie-up is set to facilitate market entry to Indonesia for 25 Singapore-based family-centric brands.
JazzCash and Fatima Gobi Ventures team up to boost startups in Pakistan
Pakistan-based FinTech platform JazzCash and Pakistan’s venture capital (VC) company Fatima Gobi Ventures (FGV) have announced a strategic partnership that is poised to have a massive impact on advancing the growth of startups and budding businesses in the country.
Binance Labs invests in $ARKM token to support on-chain insights at scale across the blockchain ecosystem
Binance Labs, the venture capital and incubation arm of Binance has invested in $ARKM, the native token of Arkham. Binance Labs said in a statement on Wednesday that Arkham is an artificial intelligence (AI)-powered blockchain intelligence and data platform that provides granular information and visualization tools for on-chain activity.
China’s Meituan explores deal for Delivery Hero’s Southeast Asia arm Foodpanda – report
Meituan has held talks with Delivery Hero about buying Southeast Asian operations that run under the Foodpanda brand, the people said.
Malaysia’s unicorn Carsome cutting “hundreds of jobs” to reach profit – report
Carsome “makes adjustments to its workforce where necessary,” the company said in an emailed response to Bloomberg's questions, declining to comment on specific numbers. “We remain committed to investing in all of our current markets and plan to accelerate profitable growth in 2024.”
MAS launches digital platform for seamless ESG data collection and access
The Monetary Authority of Singapore (MAS) has on Thursday launched Gprnt (Greenprint), an integrated digital platform that harnesses technology to simplify how the financial sector and real economy collect, access and act upon environmental, social and governance (ESG) data to support their sustainability initiatives.
Animoca Brands, Amazon Web Services, Polygon Labs team up to accelerate Web3 startup development through Mocaverse
Hong Kong-based game software firm Animoca Brands, Amazon cloud computing platform Amazon Web Services (AWS), and United States-based software solutions provider Polygon Labs have on Thursday announced MoonRealm Express Accelerator, a strategic collaboration to support Web3 builders around the world and accelerate the development of Web3 products and…
MAS lays foundation for safe and innovative use of digital money in Singapore
The Monetary Authority of Singapore (MAS) on Thursday unveiled three initiatives to ensure the safe and innovative use of digital money in Singapore, namely a blueprint outlining the infrastructure required for a digital Singapore dollar; expanding digital money trials; and a plan to issue a “live” central bank digital currency (CBDC) for wholesale…
