Latest news and trends about tech

Malaysia’s MPay secures Labuan FSA license to fuel regional and global Fintech expansion

ManagePay Systems Berhad (MPay), a Malaysian fintech company, announced Wednesday that Labuan Financial Services Authority (Labuan FSA) has approved MPay to establish a subsidiary in Labuan, namely MPay SPV Labuan Ltd. (MPay Labuan).

Singapore’s Thunes secures money transmission licenses to operate in the United States

Thunes, the Singapore-based payment firm, announced Wednesday it has secured the 50 licenses it requires to operate in the United States.

Indosat and GoTo launch new 70 billion parameter Model with multilingual chat service

Indonesian tech firm PT GoTo Gojek Tokopedia Tbk (GoTo) and telecommunication company Indosat Ooredoo Hutchison have announced the latest advancement in Indonesia's open-source large language model (LLM) ecosystem with the launch of Sahabat-AI's 70-billion parameter model and multilingual chat service.

Ant International pushes AI strategy with AI platform for Fintechs

Ant International, a Singapore-based global digital payment, and financial technology provider, unveiled Wednesday its artificial intelligence (AI) strategy with the launch of Alipay+ GenAI Cockpit, an AI-as-a-Service (AIaaS) platform.

Beyond apps: Bangkok Silicon’s infrastructure-led transformation of Thai agriculture

From surviving pirates and typhoons to restructuring national agriculture at age 64, Tai Pham’s journey isn’t about second chances. It’s about finishing the job.

Singapore’s Thunes expands direct global network into Denmark, Norway, Sweden

Thunes, the Singapore-based fintech firm, announced Tuesday the further expansion of its direct global network with the launch of direct pay-to-bank services in Denmark, Norway, and Sweden.

Zalopay cooperates with Cake digital bank to expand digital financial touchpoints for Vietnamese users

Vietnamese payment platform Zalopay and digital bank Cake by VPBank announced Tuesday a comprehensive cooperation agreement, officially integrating Cake's key financial products right on the Zalopay application.

Nomupay secures $40M investment from Softbank to accelerate payment expansion across Asia

Ireland-based Nomupay has secured $40 million investment from Softbank to accelerate its global payment expansion across Asia.

I Squared Capital acquires controlling stake of Philippine Royale Cold Storage

I Squared Capital, an US independent global infrastructure investment manager, announced Tuesday that it has agreed to acquire a controlling stake in Royale Cold Storage (RCS), a cold storage operator in the Philippines.

BIG Caring picks RISE with SAP on AWS to accelerate digital transformation for pharmacy retail experience in Malaysia

Global artificial intelligence (AI) firm SAP announced Wednesday that BIG Caring Group, Malaysia’s largest retail pharmacy, has selected RISE with SAP on Amazon Web Services (AWS) to deliver a unified, scalable cloud-based data platform to integrate its retail operations across more than 500 stores nationwide.