FinTech

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IFS Capital signs S$79 million MSME loan securitization

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.

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Mynt prices GCash IPO at PHP 6.60 per share

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 launches unified payments platform in Singapore

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 to power RedotPay off-ramp expansion

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

MAS issues supervisory expectations on responsible AI adoption by financial institutions

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 launches reusable KYC gateway with MiniPay for 20M-wallet network

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

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Philippines’ Skyro launches pioneering cashback program in home market

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.

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FOMO Pay taps Sumsub for compliance and fraud defence

Singapore-headquartered FOMO Pay has partnered with Sumsub to add verification, transaction monitoring and fraud-prevention capabilities across its expanding operations.

Sygnum brings Fidelity tokenized liquidity product to Singapore

Sygnum has made Fidelity International's first tokenized liquidity solution available to accredited and institutional investors in Singapore.

Tokenization: Crypto’s symbolic walk on Wall Street

Yiwei Wang examines how tokenized US equities, higher interest rates and recent crypto security incidents are reshaping the relationship between crypto and Wall Street.