FinTech

Singapore's lender UOB and Amazon Web Services (AWS) will collaborate through a dedicated cloud environment in Singapore, as part of a first-of-its-kind hybrid infrastructure model for banking in ASEAN.

OSL's Siwei Gong discusses institutional demand for stablecoin-to-fiat settlement, cross-border B2B payments, treasury workflows and the banking infrastructure needed for wider adoption.

Revolut plans to invest nearly S$350 million in Singapore over five years and grow its local workforce to more than 300 employees.

IFS Capital has signed a S$79 million securitization backed by Singapore MSME loans, with DBS as arranger and CapitaLand Investment taking the senior notes.

Mynt has priced its proposed GCash IPO at PHP 6.60 per share, setting a PHP 53 billion base offer that could rise to PHP 60.9 billion.

Indian fintech firm Pine Labs announced Tuesday a unified platform for merchants in Singapore that combines payment acceptance, acquiring, instalment payments and customer engagement.

Nium will provide global off-ramp infrastructure to RedotPay, which says it serves more than 9 million stablecoin payment users.

MAS' guidelines provide a comprehensive framework for AI risk management across the financial sector. They apply to all FIs and all forms of AI technologies, while allowing each FI to assess how best to meet MAS’ supervisory expectations based on the nature and scale of its AI use, and the associated risk materiality.

Sumsub has launched a reusable KYC gateway with MiniPay, allowing users to reuse a verified identity across regulated partners in the wallet's network.

The program is available to eligible users of SkyroCredit, Skyro's reusable digital credit line within the Skyro app, the company said in a statement on Wednesday.