Vertical

Brankas, the Singapore-based Open Finance technology provider, and INFOPRO, a Malaysia-based artificial intelligence (AI)-driven banking solutions company, are joining hands to boost smarter credit and digital transformation across the Southeast Asia’s banking sector.

Singapore Gulf Bank (SGB), a fully licensed digital wholesale bank regulated by the Central Bank of Bahrain, has selected Fireblocks, the global enterprise platform for secure digital asset custody, settlement, trading operations, and stablecoin payments, to power secure wallet infrastructure.

LGMS Berhad, through its wholly owned subsidiary Applied Security Intelligence Sdn Bhd (ASI), has entered into a strategic partnership with Bridgenet Solutions Sdn Bhd, a CelcomDigi company, to deliver advanced cybersecurity solutions for small and medium-sized enterprises (SMEs) and large corporations across Malaysia.

Global artificial intelligence (AI) firm for energy Univers has announced the launch of the world’s first Global Impact AI Lab (IAL), in collaboration with AMD, Microsoft, and the National University of Singapore (NUS), and supported by the Infocomm Media Development Authority of Singapore.

The Bank of Thailand (BOT) has announced the launch of a new initiative, the cross-border QR payment linkage between Thai banks and three Chinese payment service providers (Alipay, UnionPay, and WeChat Pay), on last Thursday.

ROLO Robotics, a Singapore-based food robotics company, has raised $3.45 million in an oversubscribed seed round led by BEENEXT.

Nium, the Singapore-based global infrastructure for real-time cross-border payments, has announced that the Central Bank of Brazil has formally authorized it to operate as a Payment Institution (PI), representing a major milestone in the firm’s continued expansion across Latin America.

Malaysia's energy firm Solarvest Holdings Berhad said last Thursday that it continues to accelerate its regional growth momentum with a major milestone in Asia as Nextree Synergy Sdn. Bhd. officially signed the letter of award (LOA) with Atlantic Blue Sdn. Bhd., a wholly-owned subsidiary of Solarvest.

Responsible AI now focuses on three key areas: data privacy, ethics, and sustainability. Companies creating AI tools must make sure their products benefit both people and the planet. Therefore, true acceleration must be paired with accountability: AI that is fast in delivery, faithful to those it impacts.

Currenc Group Inc., a Singapore-based artificial intelligence (AI) solutions fintech firm, announced Monday that it has entered into a non-binding term sheet with Hong Kong-based gaming firm Animoca Brands Corporation Limited in relation to a potential proposal for Currenc to acquire 100 percent of Animoca Brands’ issued shares via a reverse merger.