FinTech

PingPong, a Chinese provider of cross-border payment solutions, has secured in-principle approval from the Monetary Authority of Singapore (MAS) for a Capital Markets Services (CMS) license.

Singapore-headquartered fintech M-DAQ Global has signed definitive agreements for a strategic integration with METech, the majority shareholder of PayME, a licensed payments service provider in Vietnam, giving M-DAQ its own regulated payments infrastructure in the country with direct access to Vietnamese dong collection and payout rails.

Boost, a Malaysian digital bank and fintech company, has announced enhancements to Boba AI, its agentic AI platform that enables customers to complete everyday banking tasks through chat and voice interactions across the Boost app and Boost Bank app.

TP, a global digital business services company, and Singapore-based regulated digital payments provider dtcpay will jointly deliver 24/7 customer engagement operations, supporting dtcpay's customers and merchants in English and Mandarin across digital and voice channels.

XTransfer, a B2B cross-border trade payment platform, inaugurated a new office in Malaysia late last week, positioning the country as a strategic hub for its Southeast Asia operations and deepening its localized presence across the region.

The Monetary Authority of Singapore (MAS), together with leading financial institutions and FinTechs, have on Friday published an industry white paper on developing safeguards for artificial intelligence (AI) agents in finance.

UOB Vietnam, under Singaporean lender UOB, has started construction of its UOB Plaza Ho Chi Minh City, a $450 million tower located within Vietnam's International Financial Center (VIFC), making UOB the first foreign financial institution to invest in headquarters within the VIFC-HCMC precinct.

LinqAlpha, an AI company building "Alpha Intelligence Layer" for global public markets, has raised $22 million in Series A funding anchored by AVP, Atinum Investment, and GFT Ventures

Singapore-headquartered Ant International opened its Global Development Center (GDC) in Kuala Lumpur, located within Malaysia's international financial center TRX.

Ascertain, a Malaysian financial technology and payments ecosystem provider, is expanding into Indonesia, Oman, and India, in order to exporting its homegrown financial infrastructure.