Latest news and trends about tech

MAS announces successful trial settles interbank loans using wholesale Central Bank Digital currency

The Monetary Authority of Singapore (MAS) announced Thursday the successful completion of a live trial for settlement of interbank overnight lending transactions using wholesale Central Bank Digital Currency (CBDC) on the Singapore Dollar Test Network.

XTransfer and Maybank announce strategic partnership to expand cross-border payment

XTransfer, the China-based business to business (B2B) cross-border trade payment platform, and Maybank, a Malaysia-based bank, announced Thursday a strategic partnership to expand cross-border payment and Shariah-compliant solutions.

FinFan partners Neutron to power Lightning Network Infrastructure across Vietnam

FinFan, a Vietnamese cross-border payment service provider, and Neutron, a global Bitcoin Lightning infrastructure company, have announced a strategic partnership to officially distribute Lightning Network infrastructure for institutions across Vietnam.

GFTN expands digital solutions ecosystem with five strategic partners to drive technology-enabled financial transformation

The Global Finance & Technology Network (GFTN) announced on Wednesday their partnership with five new platform partners to strengthen its suite of digital offerings and expand its capability to deliver technology-enabled transformation across global financial ecosystems.

TenPay Global broadens integration of international wallets to Weixin Pay

TenPay Global, Tencent's cross-border payment platform and one of the designated inaugural foreign institution partners of China's Cross-Border Interconnection Payment Gateway (CPG), is expanding the connection of international wallets and institutions to Weixin Pay through CPG.

Temasek backs US AI chipmaker d-Matrix’s $275M funding

D-Matrix, the United States-based artificial intelligence (AI) chipmaker, has closed $275 million in Series C funding, valuing the company at $2 billion and bringing the total raised to date to $450 million.

The Librarian raises $2M in seed round led by Golden Gate Ventures

The Librarian, a Seattle-and-Singapore-based artificial intelligence (AI) assistant, has raised $2 million in seed funding led by Golden Gate Ventures.

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Tool fatigue is real, here’s how CISOs can regain control

In this noisy, overcrowded landscape, even seasoned teams risk losing focus — or worse, overspending on overlapping technologies that add cost without strengthening defences. The real question isn’t what’s new, it’s what’s necessary. How can security leaders cut through the noise and make smarter, more strategic investments?

Singapore’s Bioactivx raises $1.43M in seed round led by Cocoon Capital

Bioactivx (BAX), a Singapore-based biomaterials startup, has closed its $1.43 million seed funding round led by Cocoon Capital, with participation from global strategic investors.

GenAI Fund allocates over $6M to AI startups

The Singapore-based artificial intelligence (AI)-focused venture fund and corporate innovation platform GenAI Fund announced Thursday a $6 million allocation for six AI startups.