FinTech
TransferMate receives In-Principle Approval from MAS to expand payment services in Singapore
TransferMate, a global embedded business to business (B2B) payments infrastructure as a service (IaaS) firm, announced Tuesday that its TransferMate Pte. Ltd. has received in-principle approval from the Monetary Authority of Singapore (MAS) to add account issuance, domestic money transfers and e-money issuance to its Major Payment Institution (MPI) license.
SUNRATE secures Money Services Business license in Malaysia
SUNRATE, the Singapore-based payment and treasury management platform, announced Wednesday that the company has been awarded Approval-in-Principle (AIP) by the Bank Negara Malaysia (BNM) for a Money Services Business (MSB) license.
PayNet joins FinTechAI@CSAIL to boost AI-driven financial innovation
Payments Network Malaysia Sdn Bhd (PayNet), Malaysia’s national payments network, has become the sole Malaysian founding member of the MIT CSAIL research initiative, FinTechAI@CSAIL, further reinforcing its leadership in artificial intelligence (AI)-driven financial innovation.
AEON Bank partners foodpanda to boost financial access among customers, riders and merchants
AEON Bank (M) Berhad, a Malaysia-based Islamic digital bank, has officially entered into a strategic partnership with foodpanda Malaysia, the country’s leading online food and grocery delivery platform, to boost financial access for customers, riders and merchants
Google Play integrates K PLUS via Antom Merchant Payment Service
Google Play, Ant International’s Antom and KASIKORNBANK announced Friday the launch of K PLUS as a new local payment method on Google Play, marking the first time that a Southeast Asia (SEA) mobile banking app is made available as a payment option in the platform.
Adyen, Atlas tie up to improve payments technology for Singapore’s F&B businesses
Adyen, the global payments platform, announced Thursday its partnership with Singapore-based restaurant operating system Atlas, to improve payments technology for Singapore’s food and beverage (F&B) businesses.
Thunes, EzyRemit team up to enhance cross-border payments for expatriate communities
Thunes, a Singapore-based fintech firm, has announced a new collaboration with EzyRemit, an Australia-based digital money transfer operator, to enable fast, secure and cost-effective cross-border payments to overseas communities worldwide.
ZA Global leads $40M Series A2 round in RD Technologies to build Asia’s stablecoin infrastructure
ZA Global, a Hong Kong-based digital finance firm, has led a $40 million Series A2 financing round for fintech firm RD Technologies (RD).
Standard Chartered partners Alibaba to accelerate AI use in financial services
Standard Chartered and Alibaba Group Holding Limited have entered into a strategic partnership, utilizing Alibaba Cloud’s AI technologies to accelerate the pace at which the financial services sector embraces artificial intelligence (AI).
CapBay partners Olea to offer cross border financing for Malaysian exporters
Bay Group Holdings Sdn Bhd (CapBay), a homegrown Malaysian supply chain financing provider and peer-to-peer (P2P) financing company, has teamed up with Olea Global Pte. Ltd. (Olea), a Singapore-based technology-driven trade and supply chain finance solutions provider, to offer cross border financing for Malaysian exporters.
