FinTech

Bank Indonesia and the Bank of Korea have officially launched a cross-border QR-based payment system, enabling Indonesian citizens to make transactions in South Korea using QRIS through domestic apps without the need for currency conversion.

Global payment firm Western Union announced Wednesday that, following receipt of all required regulatory approvals, it has completed its acquisition of Dash (Singcash Pte. Ltd), the Singapore-based digital wallet previously owned by Singtel.

Airwallex, co-headquartered in Singapore and California, has received approval from Bank Negara Malaysia, the central bank of Malaysia, for its e-money issuing and Class A licences, enabling the company to offer a broader range of payment services in Malaysia.

Asia Pacific (APAC) remains the world’s most wallet led region, with digital wallets accounting for 77 percent of online spend ($ 2.7 trillion) and 63 percent of in-person spend ($6.3 trillion) in 2025 – the highest share of any region worldwide, Worldpay (now Global Payments) said Wednesday.

All five digital banks have collectively served 2.4 million customers, with total deposits of MYR 4.2 billion ($1.04 billion) in Malaysia by end of 2025, its central bank's annual report showed Tuesday.

Sber is Russia's largest bank and one of the country's leading technology companies, whose ecosystem of AI-powered digital, financial, and retail services reaches tens of millions of users. Anton Frolov heads the Generative AI Development division and oversees the research and development of GigaChat, Russia's own neural network. In this TNGlobal Q&A,…

Operational advantage will come less from having AI in the stack than from knowing how to organize around it. The businesses that get this right are likely to be the ones that treat unified fraud and AML workflows not as a technical aspiration, but as part of the operating foundation for resilient growth.

Tazapay, a Singapore-based payment infrastructure provider for emerging markets, announced the close of its Series B extension led by Circle Ventures, bringing total Series B funding to $36 million.

2025 saw a continued acceleration in private capital deployment in the Philippines, with fintech remained the most active sector by deal count, Foxmont Capital Partners said in its recent report.

Behind the scenes, the technology infrastructure landscape is also rapidly shifting. Digital wallets are gaining share across online and offline transactions. Card tokenisation is scaling. Open banking is expanding. Could payment technologies – as the common layer underpinning all commerce – provide a growth catalyst for businesses to evolve and succeed in…