News
FinTech giant Stripe banks on stablecoin & AI for APAC growth [interview]
Headquartered in San Francisco and Dublin, Stripe processes over $1.4 trillion of payments annually, equivalent to 1.3 percent of global GDP. Stripe users include half of the Fortune 100, 80 percent of the Forbes Cloud 100 and 78 percent of the Forbes AI 50.
StraitsX partners TBCASoft for multi-currency, stablecoin-driven cross-border payments
StraitsX, a licensed Major Payment Institution (MPI) based out of Singapore and issuer of the XSGD and XUSD stablecoins, has announced a strategic memorandum of understanding (MOU) with TBCASoft, the U.S.-based on-chain finance innovator and the creator of the HIVEX® Network.
Thunes, Ripple expand global partnership to boost cross-border payments
Thunes, the Singapore-based payment firm, and Ripple, the US digital asset infrastructure for financial institutions, have announced an expanded partnership to boost cross-border payments globally.
Amazon launches $4.4B infrastructure region in New Zealand
Amazon announced Monday the launch of the AWS Asia Pacific (New Zealand) region with potential investment of NZ$7.5 billion ($4.4 billion).
Insider threats, supercharged by AI, set for explosive growth in APJ – Exabeam
Insider threats, supercharged by artificial intelligence (AI), set for explosive growth in the Asia Pacific and Japan (APJ), Exabeam research showed recently.
China’s JD.com keen to expand Malaysian operations, eyeing logistics sector – report
Anwar said JD.com also intends to buy more Malaysian products to market in China. Earlier, the prime minister, who is on a four-day working visit to China, held a business meeting with the company's top management led by JD Logistics CEO and executive strategy member Hu Wei.
Singapore’s Venturi Partners announces first close of Fund II at $150M
Venturi Partners, a Singapore-based consumer growth fund, has announced the first close of its second fund at $150 million.
Animoca Brands, Fosun Wealth, FinChain form strategic partnership to advance RWA ecosystem in Asia
Animoca Brands, the Hong Kong-based Web3 and digital property rights firm, Fosun Wealth Holdings, a digital global wealth management platform, and FinChain, an innovator in blockchain finance, have announced a strategic partnership to advance the development of Asia’s real-world asset (RWA) ecosystem.
Malaysia’s Advanced Accumulators launches the region’s first Battery Subscription Program
Malaysia’s battery and automotive solutionist Advanced Accumulators has announced the launch of the region’s first Battery Subscription Program, to transform fleet efficiency and energy optimization across the region.
South and Southeast Asian economies are emerging as back-end hubs – Moody’s
South and Southeast Asian economies are emerging as back-end hubs but technical gaps constrain their ability to capture greater economic value, Moody's said Tuesday.
