FinTech
FPT partners Standard Chartered-backed audax Financial Technology for digital banking solutions, targeting $100M revenue
Vietnam-based information technology (IT) services provider FPT has formed a strategic alliance with audax Financial Technology (audax), a digital banking technology solutions provider backed by Standard Chartered.
Soft Space partners Hokkoku FHD to launch SoftPOS solution supporting stablecoin payments
Malaysia-based fintech firm Soft Space and Japan-based Hokkoku Financial Holdings (Hokkoku FHD) have teamed up to launch the next-generation SoftPOS solution that enables merchants to accept both contactless card payments and, for the first time, regulated stablecoin payments — using only a smartphone or tablet.
Bank Islam taps Mastercard Move for digital fund transfer solutions within Malaysia and across borders
Malaysian lender Bank Islam Malaysia Berhad has become the first financial institution in Malaysia to implement Mastercard Move, a money transfer solutions that enables seamless digital fund transfers within Malaysia and across borders through direct integration with Mastercard’s global network.
Indonesia’s Monit raises $2.5M in funding led by Cento Ventures
Monit, Indonesia’s leading spend management platform, has raised $2.5 million in a funding round led by Cento Ventures, with strategic participation from Sansan, a Japanese leader in business to business (B2B) digital transformation.
Singapore sets up entity to administer, govern national payment scheme
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have on Wednesday jointly announced the incorporation of Singapore Payments Network (SPaN), which will administer and govern Singapore’s national payment schemes.
Seedflex Indonesia officially registered as provider and aggregator for financial products and services
Singapore-based fintech firm Seedflex Technologies announced Wednesday that it is now officially registered with Indonesian financial services authority Otoritas Jasa Keuangan (OJK) as a provider of aggregated information for financial products and services.
Brankas partners Gimasys to deliver open banking solution for Vietnam’s financial sector
In the context of Vietnam's digital economy making a strong breakthrough, Singapore's digital banking firm Brankas has officially announced a strategic partnership with Gimasys - a Vietnamese provider of digital transformation solutions.
PayNet, Alipay+, and Weixin Pay join forces to boost tourist spending across Malaysia
Malaysia's national payments network Payments Network Malaysia Sdn Bhd (PayNet) has teamed up with top Asian payment platforms, Alipay+, and Weixin Pay (WeChat Pay), to drive Chinese and regional tourist spending across Malaysia.
Funding Societies partners Bukku to empower Malaysian SMEs with Instant Financing Qualification
Funding Societies, Southeast Asia’s largest unified small and medium-sized enterprise (SME) digital finance platform, announced Wednesday a strategic partnership with Bukku, Malaysia’s homegrown cloud-based accounting, to offer instant SME financing qualification – a first-of-its-kind integration that removes the friction traditionally associated with loan…
TNG Digital, Setel team up to enable digital payments in Petronas stations
Malaysia-based digital payment firm TNG Digital Sdn Bhd (TNGD) has formalized a strategic partnership with e-money issuer Setel Ventures Sdn Bhd to enable fuelling and payments right at the pump via TNG eWallet, available at over 1,000 Petronas stations nationwide.
