Latest news and trends about tech

Singaporean organizations are rapidly adopting artificial intelligence (AI) and Generative AI (GenAI), with implementation rates close to the APJC regional average, but their strategic focus on innovation is slightly lower than the APJC results, Dell Technologies' survey showed Monday.

Coins.ph, the Philippines-based crypto and digital wallet platform, and Best Way Corporation (FinFan), a financial technology company based in Vietnam, have signed a memorandum of understanding (MOU) for a strategic partnership to streamline and expand cross-border remittance and payment flows between the two countries.

Vietnam-based electric vehicles (EVs) firm VinFast has signed a series of memorandum of understandings (MOUs) with Indonesia’s leading financial institutions to strengthen cooperation in promoting the country’s green mobility transition.

While Singapore’s enterprises are seeing growing returns from artificial intelligence (AI) and cloud investments, only 24 percent feel fully prepared to manage future risks, well below the global average of 31 percent, Kyndryl said last Thursday.

U Mobile, a Malaysia-based 5G network provider, has signed a MYR 4.3 billion ($1.04 billion) syndicated financing, with four Malaysian banks to support its Next Gen 5G network deployment.

XTransfer, a China-based business to business (B2B) cross-border trade payment platform and KBank, a Thailand-based financial institution in the AEC+3 (ASEAN Economic Community plus China, Japan, and South Korea) market, have teamed up to boost cross border solutions in ASEAN.

Vietnam-based information technology (IT) firm FPT has announced a strategic partnership with EmbedIT, a global fintech partner and a member of PPF Group, to accelerate digital transformation in financial services.

Swift Bridge Technologies (MFG) Sdn. Bhd. has announced its localized production of Malaysia’s first electric vehicle (EV) chargers with MYR 11.2 million ($2.68 million) investment over the next three years.

The AI industry will keep building bigger models, and those advances will remain important. But for most organizations, the frontier isn’t about scale; it’s about fit.

Western Union and TenPay Global, Tencent's cross-border payment platform, have on last Thursday announced the launch of a wide-ranging strategic partnership to drive innovation with a customer-first mindset, bringing together the physical and digital worlds together in a true omni-channel remittance experience.