News

Singapore’s Thunes, US’s Fiserv team up for real-time global payouts

Thunes, the Singapore-based payment firm, and Fiserv, a US payments and financial services technology provider, announced Monday a strategic collaboration for real-time global payouts.

Sarawak Metro partners with Revenue Group to power KUTS mobile app with advanced payment tokenization

Sarawak Metro Sdn Bhd, the state-owned enterprise which had been appointed to develop, operate and maintain the Kuching Urban Transportation System (KUTS) project, announced Monday a collaboration with Revenue Group Berhad, one of Malaysian payment solutions providers, to power its mobile application with advanced payment tokenization technology.

Maybank and Haier partner to drive smart energy adoption across ASEAN

Malayan Banking Berhad (Maybank) and Haier Energy Sdn Bhd (Haier Energy), a subsidiary of Haier Group headquartered in China, have entered into a Heads of Agreement (HoA) to form a strategic partnership to accelerate the growth of Haier’s new energy platform and ecosystem.

China’s domestic AI stack gains momentum despite hardware gap

China’s domestic artificial intelligence (AI) ecosystem is gaining momentum as major models demonstrate the ability to train and run on locally developed chips, while Nvidia supply constraints and Beijing’s restrictions on foreign processors accelerate the shift towards domestic hardware, Maybank Investment Bank said on Monday.

India’s software firm Rezolv raises $12.5M Series A led by Norwest

Rezolv, an Indian software company that utilizes AI to automate debt collection for lenders, has raised $12.5 million in a Series A funding round led by U.S. venture firm Norwest, with participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital.

US-based data center operator Equinix signs Singapore solar deal, targets 215 MWp

Equinix, a data center operator based in the United States, has signed its fourth renewable energy power purchase agreement in Singapore since 2024, an agreement with Flo Energy Singapore for at least 11.5 MWp of solar power.

Alipay launches agentic commerce platform in China to bring AI tools to merchants

Chinese payments and digital-services company Alipay launched China's first full-stack agentic commerce platform, giving merchants tools to move from digital operations to services run by AI agents, at a partner conference in Hangzhou.

Agentic AI adoption doubles to 51% among Singapore firms in 2026: ServiceNow

The share of Singapore enterprises using agentic AI tools more than doubled to 51 percent in 2026 from 22 percent a year earlier, according to an annual survey by the United States-based workflow software firm ServiceNow.

White House Transshipment report names 9 of 10 ASEAN members, but no tier-1 risk

The White House's "The Great Transshipment Scam" report on illegal transshipment, released in August 2026, names nine of the ten ASEAN member states among the roughly 40 jurisdictions it identifies as part of a global "Shadow Transshipment Network."

CGS International sees ASEAN nuclear push opens supply-chain opportunities for Malaysia

Nuclear energy is gaining traction across Southeast Asia as governments seek to meet rising electricity demand, strengthen energy security and secure reliable low-carbon power, creating potential opportunities for Malaysia to participate in the emerging regional nuclear supply chain, CGS International said on last Friday.