FinTech

Thunes, Circle team up to expand stablecoin settlement

Singapore fintech firm Thunes has joined forces with the Circle Payments Network (CPN) Managed Payments, to expand stablecoin settlement.

CapBay and CGC launch first dual-facility guarantee scheme for MSME financing

Bay Smart Capital Ventures Sdn. Bhd. (CapBay), a Malaysian fintech company, together with CGC Digital Sdn. Bhd., a wholly-owned subsidiary and the digital arm of CGC Malaysia, have on Wednesday announced a strategic partnership to launch a new Digital Guarantee Scheme designed to provide robust capital support to unserved and underserved Micro, Small, and…

Singapore fintech firm Aspire launches in United States

Aspire, the Singapore-based fintech firm, has announced its official launch in the United States on Tuesday.

KBank, StraitsX, Grab team up to expand Q Wallet to enable Thailand–Singapore cross-border payments

Thailand's KASIKORNBANK (KBank) has teamed up with Singapore's StraitsX and Grab to expand Q Wallet to enable Thailand–Singapore cross-border payments.

Vietnam’s Vietcombank, China’s Ant International launch cross-border QR payment service

Vietnam National Payment Corporation (NAPAS), a payment service in Vietnam, Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), a top bank in Vietnam, and China's Ant International have jointly launched a cross-border QR payment service linking Vietnam and China, marking a step forward in digital payment connectivity between the two…

Indonesia, South Korea launch cross-border QR payments to boost trade and tourism

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.

Western Union completes acquisition of Dash from Singtel

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.

Financial-payment platform Airwallex ready for full commercial launch in Malaysia

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 remains world’s most wallet led region as A2A payments accelerate – Worldpay

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.

Malaysia’s digital banks collectively served 2.4M customers, with total deposits of $1.04B by end of 2025

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.