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Revolut plans to invest nearly S$350 million in Singapore over five years and grow its local workforce to more than 300 employees.

Meta is donating 1,000 Ray-Ban Meta AI glasses to four Singapore organizations and funding accessibility training through SAVH.

IFS Capital has signed a S$79 million securitization backed by Singapore MSME loans, with DBS as arranger and CapitaLand Investment taking the senior notes.

Mynt has priced its proposed GCash IPO at PHP 6.60 per share, setting a PHP 53 billion base offer that could rise to PHP 60.9 billion.

Indian fintech firm Pine Labs announced Tuesday a unified platform for merchants in Singapore that combines payment acceptance, acquiring, instalment payments and customer engagement.

The Dana Impak Report launched on Tuesday also sets out Dana Impak’s catalytic role in crowding in capital and strategic partners alongside Khazanah, reflecting a broader whole-of-Malaysia approach to support the growth of Malaysian companies and entrepreneurs.

A third of semiconductor companies plan to expand manufacturing into Asia-Pacific markets over the next three years as the AI boom drives chip demand, according to global courier FedEx.

Nium will provide global off-ramp infrastructure to RedotPay, which says it serves more than 9 million stablecoin payment users.

To better support SMEs in their innovation journey, EnterpriseSG will invest up to S$120 million ($93.79 million) over the next five years to deepen the capabilities of the enhanced COIs in four additional areas, namely technology discovery, technology adoption, ecosystem connectivity and outreach and industry engagement.

MAS' guidelines provide a comprehensive framework for AI risk management across the financial sector. They apply to all FIs and all forms of AI technologies, while allowing each FI to assess how best to meet MAS’ supervisory expectations based on the nature and scale of its AI use, and the associated risk materiality.