FinTech
Global spending on digital identity verification to rise 55% by 2030: Juniper Research
Global spending on digital identity verification will increase by 55 percent between 2026 and 2030, rising from just under $19 billion in 2026, according to a new study by the United Kingdom-based Juniper Research.
France-based payment service IDEMIA partners PayNet to expand in Malaysia
France-headquartered IDEMIA Secure Transactions (IST) has announced a strategic partnership with Payments Network Malaysia (PayNet) to support the expansion of digital payments in Malaysia.
Malaysia’s DuitNow QR more than doubled in 2025 to three billion transactions
QR payments have emerged as a preferred option among Malaysians, with transaction volumes on the DuitNow QR more than doubling to three billion transactions in 2025, underscoring both the scale and speed of adoption, Bank Negara Malaysia said.
Alipay launches AI payment processing tool for businesses as agent-based commerce Expands
China’s online and mobile payment platform Alipay has launched a new AI payment processing product aimed at enabling businesses in mainland China, including small firms and one-person companies, to accept payments from autonomous AI agents.
Ant International unveils protocol to support AI-driven mobile payments
Singapore-based Ant International has introduced a new Agentic Mobile Protocol (AMP) to support the growing agentic commerce by enabling secure, AI-driven payment connections across mobile services.
GXS Bank partners Funding Societies to provide financing to SMEs in Singapore
GXS Bank on Monday unveiled its GXS Biz Property-backed Loan, developed in partnership with Funding Societies, offering small and medium-sized enterprises (SMEs) in Singapore access to up to S$2 million ($1.57 million) in financing secured against residential or commercial property.
Singapore’s SUNRATE gets approval for full-scale operations in Malaysia
SUNRATE, the global payment and treasury management platform based in Singapore, announced Tuesday that it has been granted a license by the Malaysian Central Bank, marking a key milestone in the company’s continued expansion.
US-based Robinhood secures in-principle approval to launch brokerage in Singapore
US fintech firm Robinhood has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) to offer brokerage services.
Vietnam, South Korea launch cross-border QR payment service
Bank for Investment and Development of Vietnam (BIDV), Vietnam National Payment Corporation (NAPAS), and South Korea's KEB Hana Bank and GLN International, launched a cross-border QR code payment service connecting Vietnam and South Korea on Thursday.
Indonesia’s BNPL platform Kredivo now owns 99.99% of Vietnam’s digital bank Timo
Indonesia's buy now pay later (BNPL) firm Kredivo now holds a 99.99 percent stake at Timo Vietnam JSC, also known as Timo digital bank by BVBank in Vietnam.
