FinTech

SGX-listed Silverlake Axis partners Siam Commercial Bank for micro-lending solutions

Singapore listed enterprise technology, software and services company Silverlake Axis Ltd (SAL) has on Tuesday announced its agreement with Siam Commercial Bank (SCB) - one of Thailand’s top five banks, to power SCB’s innovative strategy of building new propositions outside of the traditional bank.

ALAMI Group Founder Dima Djani on the role of truly sharia financial products in driving social impact [ORIGIN Innovation Awards Q&A]

As the financial technology ecosystem, ALAMI has a bold mission to spread the positive impact and build a more equitable society using technology based on sharia principles, so we committed to establish truly sharia digital financial products and services that drive the social impact and provide the best experience to the user.

Tonik acquires TendoPay to enter employee benefits market

Tonik Financial Pte. Ltd. (Tonik), the parent company of Tonik Digital Bank, Inc. in the Philippines, has entered into a landmark agreement with Tendo Payment Solutions Pte. Ltd. (Tendo) to acquire its Philippine business, operating under the brand name "TendoPay". This deal is set to further cement its leading position in digital credit inclusion in the…

87 percent of Malaysia consumers want a better online experience from banking services providers, a survey shows

Confidence in digital banking is rising in Malaysia but consumers want a better online experience and more personalized offerings, according to the new Asia-Pacific focused Bank of the future survey revealed on Friday from Capco, the global technology and management consultancy.

Al Rajhi Bank Malaysia launches digital bank

Al Rajhi Bank Malaysia (ARBM) has taken a big step forward for financial services in Malaysia with the launch of Rize, a first-of-its-kind digital bank. Rize is built with state-of-the-art technology to provide a reimagined, end-to-end digital banking experience for its customers.

2C2P and Pine Labs to expand BNPL acceptance in Southeast Asia

Singapore-based payments platform 2C2P and merchant commerce omnichannel platform Pine Labs have partnered to expand Buy Now Pay Later (BNPL) across Asia in six key markets, namely Singapore, Malaysia, Hong Kong, Indonesia, the Philippines and Thailand.

Tencent Financial Technology launches new global brand for cross-border payment business

Tencent Financial Technology, Tencent’s fintech arm, has on Wednesday introduced Tenpay Global, a new international brand for its cross-border payment business. The firm is also unveiling new inbound remittance capabilities to Weixin to facilitate easy money transfers to China.

Funding Societies crosses $27.8M in loan disbursements to SMEs in Thailand

Funding Societies | Modalku, the Singapore-based small and medium enterprise (SME) digital financing platform, has on Wednesday announced that its Thai business (Funding Societies Thailand) has reached THB1 billion ($27.8 million) in loan disbursements to small businesses in the country for year-to-date 2022.

UK FinTech giant Wise sees cross-border payments in Malaysia still lag behind, aims to close gap [Q&A]

In the interview, Lim also shared why Wise's services would be appealing to Malaysians, the payment firm's strategy to expand further in the country and the challenges it faces.

Experian appointed to operate Singapore’s BNPL bureau

Experian, a leading global information services company, has announced its official appointment by the Singapore FinTech Association (SFA) and the Buy Now, Pay Later (BNPL) Working Group as the bureau operator for Singapore’s BNPL Working Group. The appointment involves Experian’s leading global expertise to operate the BNPL bureau in Singapore with all…