FinTech
CelcomDigi and PayNet join forces to strengthen digital security in financial transactions
Malaysian telecommunications firm CelcomDigi Berhad and national payments network Payments Network Malaysia Sdn Bhd (PayNet) have announced an inter-industry partnership to provide Malaysians with a more secure and seamless access to digital financial services using CelcomDigi’s Open Gateway.
Singapore’s Chocolate Finance engages with MAS on customer withdrawal issues
The Monetary Authority of Singapore (MAS) said Wednesday that it continues to engage Chocolate Finance, an online robo advisory service operated by Chocfin Pte Ltd, to ensure that all customer withdrawals will be met in an orderly fashion.
Pine Labs partners with Visa to provide instalment solutions to merchants across key markets in Southeast Asia
Pine Labs, an India-based fintech platform, has announced a partnership with global payment firm Visa to introduce Visa Instalment Solutions (VIS) on Pine Labs’ multi-issuer payment solution across key markets in Southeast Asia.
UnionPay integrates with PromptPay to enable QR code payments between China and Thailand
China-based payment firm UnionPay International (UPI) has partnered with Thailand-based payment firm National ITMX Co., Ltd (NITMX) to jointly promote the integration of UnionPay payment information with PromptPay.
Finnomena ties up with Google Cloud to provide agentic AI solutions to enhance services for investors
Thai fintech firm Finnomena and Google Cloud have announced the deployment of a new, artificial intelligence (AI)-powered capital markets information management solution that is enabling Finnomena to expand its range of investment offerings and better serve its fast-growing user base.
Singapore’s new Shared Responsibility Framework compels banks & telcos to prevent phishing scams
Under the #SRF, financial institutions and telcos are required to implement a number of safeguards to protect and monitor fraudulent activities, as well as scam filtering tools and real-time alerts to warn consumers.
Endowus partners with Twilio to enhance platform security and build client trust
Singapore-based digital wealth advisory platform Endowus has partnered with US-based customer engagement platform Twilio, to enhance security on their platform and build client trust.
1337 Ventures invests in Malaysian fintech firm Finory
Finory, a Malaysia-based personal finance management app, has secured investment from 1337 Ventures.
NBC partners UPI to launch second phase of cross-border payment initiative for Cambodians
Central Bank the National Bank of Cambodia (NBC) and China-based payment firm UnionPay International (UPI) have officially launched the second phase of their cross-border payment initiative for Cambodians.
IDC projects Southeast Asia’s ecommerce market to reach $325B by 2028
Southeast Asia’s (SEA’s) ecommerce market is projected to reach $325 billion by 2028, fueled by the rapid adoption of digital payments and regional interoperability, unlocking more opportunities in cross-border commerce for businesses, IDC said Tuesday.
