FinTech

The Singapore Payments Network (SPaN), a not-for-profit entity set up by the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) to administer and govern Singapore’s national payment schemes, has appointed its Chief Executive Officer (CEO) and Board of Directors.

Ant International CEO Peng Yang has called for a new, inclusive "re-globalization" project that harnesses AI and digital connectivity to give small and medium-sized enterprises (SMEs) greater access to global markets and opportunities.

Cashku, a Malaysian AI-native digital wealth platform, has signed a distribution agreement with KAF Investment Funds Berhad to bring a selected range of the fund house's funds onto its platform.

Choco Up, a Singapore-based financing platform for small and medium-sized enterprises in Asia, has appointed John Lim as senior advisor.

Wealthsimple, a Canadian financial services company, has agreed to an equity round of up to C$425 million ($302 million) at a post-money valuation of C$13.8 billion.

Phil Pomford discusses payment choices for Asian travelers, Centara integration, checkout metrics and authorization safeguards for AI agents.

Singapore-based Libeara has agreed to acquire Zodia Markets' regulated Jersey dealer, subject to regulatory approval and undisclosed terms.

Citi has received Chinese regulatory approval to establish a wholly owned Shanghai securities company offering brokerage, underwriting, research and trading.

The Monetary Authority of Singapore (MAS) said Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) have joined its BLOOM initiative as policymaker members.

Thunes, the Singapore-based payment firm,  announced Tuesday the expansion of its Direct Global Network into Venezuela, one of Latin America’s critical financial corridors.