Asia

TransferMate, the Ireland-based business to business (B2B) payments infrastructure as a service (IaaS) firm, has on Tuesday announced that it has received approval from the Monetary Authority of Singapore (MAS) to add account issuance, domestic money transfers, and e-money issuance services in Singapore under its Major Payment Institution (MPI) license.

Thunes, a Singapore-based payment firm, announced Tuesday that First Abu Dhabi Bank (FAB), the United Arab Emirates (UAE)’s Global bank, has chosen Thunes as its provider to enable global mobile wallet payouts through its Direct Global Network.

Global aircrafts manufacturer Airbus has announced the establishment of an Airbus Tech Hub in South Korea.

Accelerating Asia Ventures, Singapore-based independent venture capital accelerator, announced last Friday its investment in eight new startups joining its twelfth cohort.

BENEFIT and Singapore-based technology company MonetaGo, in collaboration with Bahrain FinTech Bay (BFB), have embarked on the implementation phase of Bahrain’s National Digital Public Infrastructure (DPI) Initiative to develop a digital ledger for all financed trade transactions and invoice submissions creating an alternative data credit score to…

Princeton Digital Group (PDG), the Singapore-based data center operator, announced Monday its entry into South Korea with an investment of $700 million, its seventh country after Singapore, Japan, India, Indonesia, China and Malaysia.

Groq, a global artificial intelligence (AI) inference firm, has expanded its global AI infrastructure footprint to the Asia-Pacific (APAC) region through its deployment in Equinix’s International Business Exchange (IBX) data center in Sydney, Australia.

XTransfer, a China-based business to business (B2B) cross-border trade payment platform and KBank, a Thailand-based financial institution in the AEC+3 (ASEAN Economic Community plus China, Japan, and South Korea) market, have teamed up to boost cross border solutions in ASEAN.

BMI Country Risk and Industry Research (BMI)'s technology team forecasts an average of 9.7 percent year on year data center capacity growth across Asia Pacific (APAC) between 2025 and 2028, with Malaysia, Indonesia and India at the forefront of this growth.

The Global Finance & Technology Network (GFTN) announced last Wednesday a strategic partnership with the Qatar Development Bank (QDB), represented by Qatar Fintech Hub (QFTH) to establish a Global Center of Excellence (CoE) for Finance and Technology in Doha.