Latest news and trends about tech

As part of ongoing efforts to expand Southeast Asia’s digital infrastructure, DBS and UOB have jointly provided a landmark IDR 6.7 trillion ($413 million) loan facility to finance the development of a new data centre campus in Batam, Indonesia.

TOPPAN Security, a Singapore-based secure identity and payment solutions provider, announced Wednesday that it has entered into a definitive agreement to acquire dzcard Group, a Thailand-based provider of smart card solutions and personalization services.

As regulatory clarity continues to emerge, institutions will increasingly demand higher standards of compliance from their partners. So it is essential to have a global license setup to position providers at the forefront of this trend, as institutions can rely on a trusted and reliable partner for their investments.

Agentic AI presents an exciting array of opportunities for enhanced efficiency and innovation, alongside inherent pitfalls that are amplified by increased autonomy. A prudent approach involves a systematic framework for weighing the benefits of Agentic AI when it functions correctly against the potential consequences if it goes wrong.

Singapore digital investment platform Syfe has announced the successful close of its Series C funding round of $80 million.

Singapore's insurtech bolttech announced Wednesday that it has closed Series C fundraise at $147 million, reflecting a company valuation of $2.1 billion.

Hong Kong-based insurer AIFT and Taiwan-based insurer Shin Kong Life have signed a strategic cooperation agreement on Thursday to enter Vietnam's digital insurance.

Singapore's retail group FairPrice Group (FPG) has partnered with Google Cloud to showcase FPG’s Store of Tomorrow (SOT) program, a roadmap to embed the latest cloud and artificial intelligence (AI) technologies into new and existing in-store and omnichannel retail touchpoints to redefine customer experiences at FairPrice supermarkets.

MoneyHero Limited, a Singapore and Hong Kong-based personal finance aggregation and comparison platform, announced Wednesday a strategic partnership with Rizal Commercial Banking Corporation (RCBC), a Philippine banking group, to tap into the Philippines' expanding card market.

TerraPay, the United Kingdom-based digital cross-border payments, announced Wednesday that it has been granted a Class B license by Bank Negara Malaysia (BNM).