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AIFT, Shin Kong Life forge strategic partnership to enter Vietnam’s digital insuranceHong 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. The duo said in a statement that this partnership signifies a joint commitment to transform Vietnam’s digital insurance market through AIFT’s IXT modern digital insurance capabilities alongside Shin Kong Vietnam...0 Σχόλια 0 Μοιράστηκε 2χλμ. Views 0 Προεπισκόπηση
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Airwallex reports triple-digit full year revenue growth in Singapore for 2024Airwallex, the global payments and financial platform, has on Wednesday reported strong FY2024 performance in Singapore. The firm said in a statement that its FY2024 revenue in Singapore more than doubled, growing 153 percent year-on-year, fueled by strong transaction volumes and a standout fourth quarter. “2024 marked a new phase of growth for us in Singapore and across the region,...0 Σχόλια 0 Μοιράστηκε 5χλμ. Views 0 Προεπισκόπηση
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Alibaba Cloud joins forces with PayNet to power Malaysia’s first fintech-focused hubAlibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Wednesday its partnership with Payments Network Malaysia Sdn Bhd (PayNet) as a Cloud Partner for its newly launched PayNet Fintech Hub – Malaysia’s first dedicated fintech-focused community and accelerator. Spearheaded by PayNet, the hub is set to become a catalyst for Malaysia’s...0 Σχόλια 0 Μοιράστηκε 3χλμ. Views 0 Προεπισκόπηση
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AMRO sees fragmented systems, regulatory alignment, and cybersecurity as challenges for ASEAN regional payment connectivityWhile ASEAN’s regional payment connectivity (RPC) is making good progress, ASEAN+3 Macroeconomic Research Office (AMRO) sees some challenges, including fragmented systems, regulatory alignment, and cybersecurity remain. The research house said in a note on Thursday that as more bilateral arrangements are added under the RPC, the complexity of integration increases. Besides, the pace of...0 Σχόλια 0 Μοιράστηκε 6χλμ. Views 0 Προεπισκόπηση
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Ant Group’s unit to seek stablecoin permits in Hong Kong, Singapore – reportJack Ma-backed Ant Group Co’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, Bloomberg reported on Thursday, quoting people familiar with the matter. Singapore-headquartered Ant International will apply for the stablecoin issuer’s licence in Hong Kong as soon as the city’s Stablecoins Ordinance goes into effect in August, the...0 Σχόλια 0 Μοιράστηκε 2χλμ. Views 0 Προεπισκόπηση
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Ant International partners with Barclays on global treasury management with proprietary AI-powered FX modelSingapore-based financial technology firm Ant International has entered a partnership with the United Kingdom bank Barclays to enhance efficiency and resilience in global treasury management for businesses. Under the partnership, the two sides will combine innovative solutions, including Ant’s proprietary Time-Series Transformer (TST) AI FX Model, to help businesses reduce foreign...0 Σχόλια 0 Μοιράστηκε 2χλμ. Views 0 Προεπισκόπηση
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Ant International pushes AI strategy with AI platform for FintechsAnt 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. The firm said in a statement that the platform empowers fintech companies and super apps to build AI-agentic and ultimately AI-native financial services with...0 Σχόλια 0 Μοιράστηκε 2χλμ. Views 0 Προεπισκόπηση
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Ant International, Deutsche Bank team up to provide integrated cross-border payment solutions to global merchantsAnt International and Deutsche Bank have announced their strategic partnership to provide more comprehensive payment solutions for businesses of all sizes in Europe and Asia, by combining their expertise and leveraging Ant International’s proprietary tokenization and artificial intelligence (AI)-based foreign exchange (FX) technology. The duo said in a statement on Tuesday that the bank...0 Σχόλια 0 Μοιράστηκε 2χλμ. Views 0 Προεπισκόπηση
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Atome secures $75M asset-backed facility from Lending Ark to expand financial access in the PhilippinesAtome, Singapore-based buy now pay later (BNPL) provider and part of Advance Intelligence Group, announced Monday that it has secured a $75 million asset-backed financing facility from Lending Ark, to accelerate financial inclusion in the Philippines. Atome said in a statement that this strategic financing from Lending Ark Asia Secured Private Debt Fund advised by CITIC Securities CLSA Capital...0 Σχόλια 0 Μοιράστηκε 2χλμ. Views 0 Προεπισκόπηση
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BYD Sime Motors partners Malaysia’s Ministry of Transport to reduce carbon emissions through EVs in the countryBYD Sime Motors, the official distributor of BYD cars in Malaysia, is partnering up with the Ministry of Transport (MOT) of Malaysia to advance the nation’s low-carbon mobility agenda. A key focus of this collaboration is reducing carbon emissions through increased EV adoption in Malaysia, BYD Sime Motors said in a statement on Wednesday. This partnership introduces a six-month program...0 Σχόλια 0 Μοιράστηκε 4χλμ. Views 0 Προεπισκόπηση
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CGC Digital, B2B Finpal partner to expand access to MSME financing through innovative digital solutionsCGC Digital, the fintech subsidiary of Credit Guarantee Corporation Malaysia Berhad (CGC), announced Monday a strategic collaboration with B2B Finpal, a peer-to-peer (P2P) financing platform, aimed at broadening access to financing for Malaysia’s micro, small, and medium enterprises (MSMEs). The duo said in a statement that this collaboration introduces a bespoke credit guarantee scheme...0 Σχόλια 0 Μοιράστηκε 1χλμ. Views 0 Προεπισκόπηση
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China’s Skyee receives IPA for MPI license from MASSkyee Pte. Ltd. has on Monday announced that it has been granted in-principle approval (IPA) for the major payment institution (MPI) license from the Monetary Authority of Singapore (MAS). Skyee said in a statement that if obtained, the MPI license will allow the firm to service its Singapore market, further enhancing the payment experience for cross-border sellers, streamlining payment...0 Σχόλια 0 Μοιράστηκε 7χλμ. Views 0 Προεπισκόπηση
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