Asia Financial Services News

Singaporean cashback and rewards platform, ShopBack, has announced the official launch of its new BNPL option, ShopBack PayLater.

Taipei-based financial services organisation, E.SUN Financial Holding Company, has become the latest firm to join the RE100 initiative.

The MAS and the Institute of Banking and Finance Singapore (IBF) announced they will provide more support for financial training programs.

UK fiat-to-crypto payment integration tool, Transak, has made its local payments services available for users in Thailand.

Bank Islam Malaysia launched a cloud-native digital banking application, Be U, in line with the growing fintech landscape in Southeast Asia.

Research conducted by GlobalData found that Singapore’s credit and charge card payments market is expected to reach SGD$80.6 billion in 2025.

The Financial Action Task Force (FATF) has revealed its objectives and priorities for its Singaporean Presidency ending in 2024.

FLEETCOR cross-border payments business, Corpay, announced its collaboration with Triterras to provide forex payments solutions.

The Association of Banks in Singapore has selected MonetaGo's Trade Finance Registry tool to battle duplicate financing fraud.

An Amazon Web Services and Hong Kong Science and Technology Parks Corporation collaboration is set to develop an innovative tech program.

Singaporean exchange, ADDX, has announced it will recognise cryptocurrency as an asset for investors to qualify as 'accredited'.

The Bank of the Philippine Islands and Alipay+ have partnered to enable digital banking customers to make global payments.

The Glasgow Financial Alliance for Net Zero has launched an APAC Network to address the transition to net zero in the region.

The Monetary Authority of Singapore has approved a Major Payment Institution license for Singapore-based cryptocurrency exchange, Crypto.com.

An Ant Group subsidiary has received the licensing and approval from the MAS to softly launch as Singapore's newest digital wholesale bank.