Tagged: singapore

September 11, 2026 @ 7:59 am By Omar Faridi  |  

Digital asset exchange Gemini (NASDAQ:GEMI) has completed a long-running regulatory process in Singapore, and its local subsidiary now holds a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The approval, announced by the company in early September 2026, authorizes Gemini Digital Payments Singapore Pte. Ltd…. Read More

September 9, 2026 @ 7:25 am By Omar Faridi  |  

Circle Internet Group (NYSE: CRCL), the issuer of the USDC stablecoin, has signed a definitive agreement to purchase Tazapay, a Singapore-based specialist in business-to-business cross-border payments. The announcement, made on September 8, 2026, positions the transaction as a way to broaden Circle’s payments infrastructure and… Read More

September 8, 2026 @ 2:40 pm By Omar Faridi  |  

DBS (SGX: D05) and Citi (NYSE: C) have shown that commercial banks can move US dollars across the Pacific on a Saturday, without waiting for Monday morning clearing windows. On 5 September 2026, the two institutions completed a live dollar transfer between DBS in Singapore… Read More

September 7, 2026 @ 11:13 pm By Michael Wong  |  

Singapore-based Ant International has received a payment institution licence from Brazil’s central bank, expanding its regulated presence as the financial technology company strengthens its local and cross-border payment capabilities in Latin America’s largest economy. The licence from Banco Central do Brasil builds on services Ant… Read More

September 3, 2026 @ 2:48 am By Michael Wong  |  

The Monetary Authority of Singapore (MAS) has committed S$220 million ($173 million) over three years to support financial technology development, artificial intelligence adoption, and industry infrastructure under the fourth edition of its Financial Sector Technology and Innovation Scheme. The renewed programme, known as FSTI 4.0,… Read More

September 2, 2026 @ 10:12 am By Omar Faridi  |  

Singapore’s central bank has taken a further step toward turning its long-planned stablecoin regime into law. On 1 September 2026 the Monetary Authority of Singapore (MAS) published a consultation on proposed changes to the Payment Services Act 2019. The package would give legal force to… Read More

September 1, 2026 @ 9:43 am By Michael Wong  |  

Singapore-based payments platform HitPay has integrated its payment infrastructure with Superbench, allowing business-to-consumer service providers to manage customer inquiries, bookings, and payments through a single system. The partnership adds embedded payments to Superbench’s AI-powered customer engagement platform, covering transactions from online deposits to in-person point-of-sale… Read More

August 30, 2026 @ 10:57 am By Omar Faridi  |  

Travala, a Singapore-based travel booking platform that accepts both conventional payments and cryptocurrency, has publicly addressed a cybersecurity incident involving unauthorized access to limited customer records. In an operational update published in late August 2026, the company said it detected and contained external access to… Read More

August 29, 2026 @ 2:27 pm By Michael Wong  |  

Fintech investment in Singapore fell sharply in the first half of 2026 as investors became more selective and capital was concentrated in a smaller number of larger transactions, according to KPMG’s latest Pulse of Fintech report. Singapore fintech companies attracted more than $499 million across… Read More

August 26, 2026 @ 10:34 pm By Omar Faridi  |  

Visa (NYSE: V) has joined a Monetary Authority of Singapore (MAS)-supported effort aimed at bridging conventional financial payment systems with those built around stablecoins. The initiative, known as BLOOM (Borderless, Liquid, Open, Online, Multi-currency), seeks to expand the settlement options available to banks and other institutions… Read More

August 25, 2026 @ 3:45 pm By Omar Faridi  |  

Stripe, the global payments and financial infrastructure company, is commemorating ten years of operations in Singapore by rolling out a series of enhancements designed to help Asian companies expand internationally more efficiently. The updates focus on multi-currency treasury features, additional local payment options, and simplified… Read More

August 24, 2026 @ 8:36 pm By Omar Faridi  |  

Singapore-based fintech Chocolate Finance is extending its reach past individual savers by introducing a dedicated cash management product aimed at companies. Just two years after introducing its consumer platform, the firm is rolling out Chocolate Business, a solution designed to help organizations generate returns on… Read More

August 24, 2026 @ 2:41 am By Omar Faridi  |  

Singapore’s DBS Bank (SGX: D05) has expanded the use of specialised agentic artificial intelligence tools to support roughly 1,500 relationship managers and credit risk managers worldwide in handling corporate credit assessments.The initiative, announced in mid-August 2026, follows a successful pilot involving 150 staff members. The… Read More

August 24, 2026 @ 1:25 am By Michael Wong  |  

Singapore’s national accountancy body has agreed to deepen cooperation with its Indian counterpart on artificial intelligence training and professional qualification recognition, potentially extending a Singapore-developed AI programme to more than 1.5 million members and students in India. The Institute of Singapore Chartered Accountants (ISCA) and… Read More

August 23, 2026 @ 6:00 pm By Michael Wong  |  

Asia-Pacific central banks have agreed to strengthen cooperation on artificial intelligence and scam prevention as financial authorities grapple with emerging risks to consumers and the region’s financial systems, the Bangko Sentral ng Pilipinas (BSP) said. BSP Governor Eli Remolona Jr. and his counterparts approved initiatives… Read More

August 22, 2026 @ 6:47 am By Michael Wong  |  

Singapore-headquartered DayOne Data Centers has secured a four-year S$530 million ($415 million) green loan from DBS, OCBC, and UOB to finance its first data centre in Singapore, as demand for digital infrastructure grows alongside artificial intelligence and cloud computing. DBS said the 20-megawatt facility could… Read More

August 8, 2026 @ 11:29 am By Michael Wong  |  

“Payments touch almost every part of daily life in Singapore, and people deserve to know exactly what they are paying and what protection they have,” Singapore FinTech Association (SFA) President Holly Fang said as the industry group launched a new code of conduct aimed at… Read More

August 4, 2026 @ 9:27 pm By Omar Faridi  |  

A unit of one of Southeast Asia’s largest technology groups is exploring the development of a broader regional digital banking network, with Singapore serving as its operational and strategic base. MariBank, the digital banking arm of Sea Limited, is positioning the city-state as a launchpad… Read More

August 2, 2026 @ 7:38 pm By Michael Wong  |  

Singapore-based investment firm GMA Capital Partners and ACMF Group have launched a fund that will provide up to 7 billion baht, or about $207 million, in structured financing to companies listed on the Stock Exchange of Thailand and their principal shareholders. The Thai SET Fund… Read More

August 2, 2026 @ 5:33 pm By Michael Wong  |  

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have launched an industry-wide taskforce to strengthen the financial sector’s cyber and technology resilience against threats posed by frontier artificial intelligence (AI) models. The AI-Driven Cyber and Technology Risk Taskforce (ACT),… Read More