FinTech

Ria Money Transfer gets approval to enable digital salary payments for Malaysia’s migrant workforce

Ria Money Transfer (Ria), a Malaysia-based fintech firm, has been officially approved by the Department of Labor Peninsular Malaysia (JTKSM) for the disbursement of digital wage payments via the Ria Wallet.

Salmon raises $88M to grow fintech business in the Philippines

Salmon Group Ltd, the Philippines-based financial services firm, has announced the completion of a $88 million fundraise to double down on its commitment to bring cutting-edge financial services and simplify access to credit across Southeast Asia.

SME Bank partners BSN to boost innovation growth for Malaysian entrepreneurs

Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank) and Bank Simpanan Nasional (BSN) have entered a strategic partnership through a Memorandum of Understanding (MoU) to empower Malaysia’s homegrown entrepreneurs.

Standard Chartered-backed Audax eyes opportunities in SE Asia & Gulf Nations’ Islamic digital finance ecosystem [Q&A]

In the interview, Indra also insights on Malaysia’s strategic position in revolutionising Islamic finance. With deep expertise in the evolving needs of today’s financial institutions, Indra was instrumental in forging audax’s strategic partnership with Maybank Islamic, driving innovation and expanding digital banking capabilities in the Islamic finance…

Ant Group’s unit to seek stablecoin permits in Hong Kong, Singapore – report

Singapore-headquartered Ant International will apply for the stablecoin issuer’s licence in Hong Kong as soon as the city’s Stablecoins Ordinance goes into effect in August, the people said, according to the report. As well as Singapore, the company is also planning to seek a permit in Luxembourg, they added.

HLB, DCAP Digital collaborate to boost SME lending and financial inclusion with cutting-edge AI

Hong Leong Bank (HLB) has signed a memorandum of understanding (MoU) with DCAP Digital Sdn Bhd to boost the small and medium-sized enterprise (SME) lending and financial inclusion with cutting-edge artificial intelligence (AI).

Funding Societies, SME Bank’s CEDAR team up to mobilize $12M in financing for Malaysian SMEs external inbox

Funding Societies Malaysia, Southeast Asia’s largest unified small and medium-sized enterprise (SME) digital finance platform, has formalized a strategic partnership with the Center for Entrepreneur Development and Research (CEDAR), the training and capacity-building arm of SME Bank Malaysia Berhad.

Moomoo Malaysia launches nation’s first AI-powered investment platform

Moomoo Securities Malaysia Sdn Bhd (Moomoo Malaysia) announced Thursday the launch of Moomoo AI, the nation’s first artificial intelligence (AI)-powered investment platform with a suite of integrated AI investment tools and features.

Singapore’s Aspire partners Payboy to streamline payroll management

Aspire, a Singapore-based fintech firm, announced Tuesday its integration with Payboy, a Singapore-based payroll software providers, to streamline payroll management.

Ant International, Deutsche Bank team up to provide integrated cross-border payment solutions to global merchants

Ant International and Deutsche Bank have announced their strategic partnership to provide more comprehensive payment solutions for businesses of all sizes in Europe and Asia, by combining their expertise and leveraging Ant International’s proprietary tokenization and artificial intelligence (AI)-based foreign exchange (FX) technology.