Asia
Australia’s BC Payments secures MPI license from MAS
Australia-based Banking Circle S.A. (Banking Circle) announced Wednesday that its wholly owned subsidiary BC Payments Pte. Ltd. (BC Payments Singapore) has been granted a major payment institution (MPI) license by the Monetary Authority of Singapore (MAS).
Singapore’s TGV hits two major portfolio milestones – Forge Global’s $660M acquisition; Animoca Brands’ planned Nasdaq listing
True Global Ventures (TGV), the Singapore-based global venture capital firm investing in artificial intelligence (AI) and blockchain technology companies, have celebrated a historic week in the United States as Forge Global's $660 million acquisition and Animoca Brands' planned Nasdaq listing mark defining moments for the firm's Funds 4 and 5.
Tencent launches new payment solution to enable merchants to accept local payments outside of China
China-based payment firm Tencent announced Tuesday the launch of TenPay Global Checkout, a new payment solution for Weixin Mini Program merchants operating in global markets to accept a wide range of local payment methods with ease.
Abdul Latif Jameel Finance partners Ant International to grow, strengthen MSMEs in the Kingdom with advanced digital services
Abdul Latif Jameel Finance, an innovative financing solutions and services provider in Saudi Arabia, and Ant International, a global digital payment, digitization and financial technology provider based in Singapore, have signed a memorandum of understanding (MoU) to jointly explore opportunities in the financial technology sector in the Kingdom of Saudi…
Thunes powers WeChat Pay Hong Kong’s expansion in cross-border money transfers
Thunes, a Singapore-based fintech firm, has announced an alliance with WeChat Pay HK, the Hong Kong dollar denominated e-wallet, to power its expansion in cross-border money transfers.
Teleport and Etihad Cargo deepen partnership, expands SEA network with Phnom Penh freighter deployment
Teleport, a Malaysia-based integrated logistics firm, has signed a partnership with Etihad Cargo, the cargo and logistics arm of Etihad Airways, to expand its Southeast Asia network with the launch of a new freighter deployment from Techno International Airport (KTI) in Phnom Penh, Cambodia.
Vietnam’s FPT deepens partnerships with Taiwan’s financial institutions to advance digital transformation
Vietnam's information technology (IT) corporation FPT has announced new collaborations with OBank and E.SUN Commercial Bank (E.SUN), two of Taiwan’s prominent financial institutions, to enhance digital banking experiences and modernize core systems.
APAC businesses encounter over 10.5B AI Bots in just two months, underscoring rising risks amid rapid AI adoption – Akamai
Akamai Research revealed on Wednesday that Asia Pacific (APAC) businesses encountered over 10.5 billion AI Bots in just two months, underscoring rising risks amid rapid artificial intelligence (AI) adoption.
VinFast accelerates expansion in India with 24 operational dealerships
VinFast Auto India, a subsidiary of Vietnam-based electric vehicle (EV) manufacturer VinFast, has accelerated its retail network expansion, with 24 dealerships now operational across major cities in India.
SoftBank partners OpenAI to deliver enterprise AI solution
The Japan-based investment firm SoftBank Group and US-based technology firm OpenAI Group PBC have on Wednesday launched their joint venture, SB OAI Japan GK.
