FinTech
Singapore’s XL Ventures secures In-Principle Approval for capital markets services license
XL Ventures Pte Ltd, a Singapore-headquartered climate tech focused company, has received In-Principle Approval from the Monetary Authority of Singapore (MAS) to perform licensed Venture Capital Fund Manager (VCFM) activities in Singapore.
Ant International’s AI Blueprint: Powering Payments and Digitalization for SMEs [Q&A]
TNGlobal recently talked to Jiangming Yang, Chief Innovation Officer of Ant International, to learn more about the company’s AI strategy, how it can help to empower small and medium enterprises (SMEs), and the markets the company is looking at.
Malaysia’s Boost unlock global QR payments capabilities with UnionPay International, including Weixin Pay in China
Boost, a Malaysia-based regional fintech player, announced Thursday a significant expansion of its cross-border payment capabilities through a new integration with UnionPay International (UPI).
FPT partners Standard Chartered-backed audax Financial Technology for digital banking solutions, targeting $100M revenue
Vietnam-based information technology (IT) services provider FPT has formed a strategic alliance with audax Financial Technology (audax), a digital banking technology solutions provider backed by Standard Chartered.
Soft Space partners Hokkoku FHD to launch SoftPOS solution supporting stablecoin payments
Malaysia-based fintech firm Soft Space and Japan-based Hokkoku Financial Holdings (Hokkoku FHD) have teamed up to launch the next-generation SoftPOS solution that enables merchants to accept both contactless card payments and, for the first time, regulated stablecoin payments — using only a smartphone or tablet.
Bank Islam taps Mastercard Move for digital fund transfer solutions within Malaysia and across borders
Malaysian lender Bank Islam Malaysia Berhad has become the first financial institution in Malaysia to implement Mastercard Move, a money transfer solutions that enables seamless digital fund transfers within Malaysia and across borders through direct integration with Mastercard’s global network.
Indonesia’s Monit raises $2.5M in funding led by Cento Ventures
Monit, Indonesia’s leading spend management platform, has raised $2.5 million in a funding round led by Cento Ventures, with strategic participation from Sansan, a Japanese leader in business to business (B2B) digital transformation.
Singapore sets up entity to administer, govern national payment scheme
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have on Wednesday jointly announced the incorporation of Singapore Payments Network (SPaN), which will administer and govern Singapore’s national payment schemes.
Seedflex Indonesia officially registered as provider and aggregator for financial products and services
Singapore-based fintech firm Seedflex Technologies announced Wednesday that it is now officially registered with Indonesian financial services authority Otoritas Jasa Keuangan (OJK) as a provider of aggregated information for financial products and services.
Brankas partners Gimasys to deliver open banking solution for Vietnam’s financial sector
In the context of Vietnam's digital economy making a strong breakthrough, Singapore's digital banking firm Brankas has officially announced a strategic partnership with Gimasys - a Vietnamese provider of digital transformation solutions.
