Singapore

MoneyHero reported second-quarter revenue of $15.8 million, down 13 percent year over year. Registered membership rose 17 percent to 10.1 million.

DBS, OCBC and UOB completed live domestic Singapore-dollar interbank transactions using tokenized deposits on Swift's blockchain ledger.

Artificial intelligence (AI) is set to become a foundational capability for financial institutions as technology advances rapidly, but stronger governance and cybersecurity measures will be needed to ensure its safe and sustainable adoption, Monetary Authority of Singapore (MAS) managing director Chia Der Jiun said.

DBS, OCBC and UOB have successfully completed live domestic Singapore dollar transactions using tokenized deposits on Swift’s blockchain-based ledger.

Enterprise Singapore has opened an office in Boston, its fifth in the United States, to help Singapore companies expand on the U.S. East Coast, and has signed its first U.S. state-level partnership, with Massachusetts.

Grab has been pursuing growth through both acquisitions and expansion of its existing businesses, according to the report. Earlier this year, Grab acquired US-based Stash Financial Inc at an enterprise value of US$425 million and bought Foodpanda’s Taiwan operations from Delivery Hero SE for $600 million.

Ant International, Mastercard, and Visa will collaborate on common "Know-Your-Agent" standards to verify the AI agents that make payments, as the three payment groups push to let autonomous software transact across their networks.

Japan's Mitsui & Co. will collaborate with Singapore's Oncoshot to use the firm's AI platform for analyzing cancer-clinical data, aiming to expand oncology research across the hospital network of Malaysia's IHH Healthcare.

Ho Chi Minh City (HCMC) has leased 4.5 hectares in its Saigon Hi-Tech Park to Starmason, a joint venture of Singapore's Sembcorp Development and Vietnamese partner BB Holding, to build a $480 million hyperscale data center.

Grab and GXS Bank have on Wednesday jointly announced new solutions designed to address operational and financial barriers to EV adoption for Grab’s driver-partners.