Singapore

Nium and Digit9 join hands to enable faster, full-value payouts

Nium, the Singapore-based infrastructure for real-time cross-border payments, has announced an expanded partnership with Abu Dhabi-based payments innovator Digit9 to accelerate payouts across key markets, empowering businesses to move money instantly, transparently, and at scale.

ASEAN could unlock $2T digital future by 2030 – HSBC, Google Cloud

HSBC and Google Cloud released last Thursday its Digital Frontiers 2030 report, which finds that Southeast Asia’s digital economy could reach $1 trillion by 2030, with potential to double to $2 trillion as regional integration and real-time payments accelerate adoption.

DBS, Ant International enhance strategic partnership to scale innovative cross-border payment and fintech solutions

Singapore lender DBS and payment firm Ant International have agreed to deepen their existing strategic collaboration to jointly explore innovative payments, digitization and fintech solutions aimed at providing more inclusive services for regional businesses of all sizes and individual consumers.

MAS and Deutsche Bundesbank sign MoU on tokenization and cross-border settlement

The Monetary Authority of Singapore (MAS) and the Deutsche Bundesbank have on last Thursday signed a memorandum of understanding (MoU) regarding collaboration on cross-border digital asset settlement.

WeRide and Grab achieve first autonomous vehicle testing in Singapore

WeRide, a China-based autonomous driving technology, and Grab, Southeast Asia’s superapp, announced last Friday that Singapore’s Land Transport Authority (LTA) has granted them approval to conduct autonomous vehicle (AV) testing with the entire Ai.R fleet within the Punggol district.

Singapore and Cambodia officially launch cross border QR code payment

Singapore and Cambodia have officially launched the cross border QR code payment between the two countries.

MAS announces successful trial settles interbank loans using wholesale Central Bank Digital currency

The Monetary Authority of Singapore (MAS) announced Thursday the successful completion of a live trial for settlement of interbank overnight lending transactions using wholesale Central Bank Digital Currency (CBDC) on the Singapore Dollar Test Network.

GFTN expands digital solutions ecosystem with five strategic partners to drive technology-enabled financial transformation

The Global Finance & Technology Network (GFTN) announced on Wednesday their partnership with five new platform partners to strengthen its suite of digital offerings and expand its capability to deliver technology-enabled transformation across global financial ecosystems.

Temasek backs US AI chipmaker d-Matrix’s $275M funding

D-Matrix, the United States-based artificial intelligence (AI) chipmaker, has closed $275 million in Series C funding, valuing the company at $2 billion and bringing the total raised to date to $450 million.

The Librarian raises $2M in seed round led by Golden Gate Ventures

The Librarian, a Seattle-and-Singapore-based artificial intelligence (AI) assistant, has raised $2 million in seed funding led by Golden Gate Ventures.