FinTech

Jumio rolls out selfie-first reusable identity across APAC

Jumio has expanded selfie.DONE across Asia-Pacific, offering previously verified users a selfie-first path through identity checks while retaining risk controls.

TrueMoney taps Fireblocks for Thailand blockchain-payment pilot

TrueMoney is using Fireblocks embedded-wallet infrastructure for THBT Phase 2, a Thailand blockchain-payment pilot operating within regulatory sandboxes.

Malaysia’s GXBank, World Bank’s IFC to unlock $110M MSME financing in risk-sharing deal

Malaysia's digital bank GX Bank Berhad (GXBank) and the International Finance Corporation (IFC), a member of the World Bank Group, will jointly provide loan portfolio of up to $110 million to micro, small, and medium enterprises (MSMEs).

MoneyHero reports $15.8M in Q2 revenue, 10.1M members

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

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Singapore banks complete live SGD tokenized-deposit transactions

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

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India plans AI-agent registry for UPI payments

NPCI is developing a registry to verify and monitor AI agents making transactions over India’s UPI as part of a planned Unified Agentic Protocol.

OpenAI launches ChatGPT for Financial Services

OpenAI has launched ChatGPT for Financial Services, combining GPT-6 Astra with premium financial data and workflows shaped by Morgan Stanley and Evercore.

World Bank launches initiative to help local financial institutions expand digital payments in emerging markets

The International Finance Corporation (IFC), a member of the World Bank Group focused on the private sector, has launched a risk-sharing initiative to help banks, fintechs, and other financial institutions in emerging markets expand access to digital payments for consumers and small businesses.

MAS says AI set to transform Singapore financial system

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.

Grab in talks to buy SoftBank-backed fintech firm Atome — report

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.