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Singapore launches seamless cross-border payment systems with Malaysia and...
Ever since the pandemic, the demand for digital payments has grown rapidly. Initially, this was spurred by physical distancing rules, which contributed to the growth of online shopping and cashless...
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We tried Malaysia’s first digital bank, the Grab-powered GXBank. Here’s what...
The Grab-backed GXBank has officially launched its beta digital banking app. 20,000 Malaysians have been selected to be beta users of the app, and we happen to be amongst these early adopters, having...
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Empowering growth: Understanding the dynamics of embedded finance for...
In the digital age, small and medium-sized enterprises (SMEs) find themselves at the crossroads of abundant opportunities, propelled by the accessibility of diverse digital payments and online...
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Ant Group CEO Eric Jing sheds light on Singapore expansion and going global
Singapore’s growth as a fintech hub has drawn the attention of Ant Group, the operators of the world’s largest mobile payment platform, AliPay. The platform features over 1.3 billion users and boasts...
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New lease of life? Temasek Trust to acquire MoneyOwl to serve youths,...
In a move aimed at advancing financial well-being for specific community groups, Temasek Trust, the philanthropic steward and ecosystem-builder, has signed an Expression of Interest with NTUC...
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Building Gprnt.ai: MAS works with Microsoft, HSBC, KPMG, to simplify ESG...
In 2004, the United Nations (UN) published a report advocating for businesses and stakeholders to pay closer attention to environmental, social, and corporate governance (ESG). It recommended actions...
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Fintech firm Aspire unveils new S’pore HQ – aims to double headcount to 300...
Aspire, an all-in-one finance platform for modern businesses, announced the official opening of its new headquarters (HQ) in Singapore yesterday (November 29), as the company doubles down on driving...
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AEON greenlit to roll out Malaysia’s 1st Islamic digital bank, here’s what to...
AEON Bank Berhad, formerly known as ACS Digital Berhad, announced on January 8, 2024 that Bank Negara Malaysia (BNM) and the Ministry of Finance has approved for it to commence its digital banking...
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Fee for using DuitNow QR? Here’s what the merchant discount rate means for...
You might have seen reports circulating last year that merchants would be charged transaction fees for using DuitNow QR. It was stated that merchants would have to pay 0.25% of each DuitNow QR...
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GXBank has released Malaysia’s first debit card by a digital bank, is it...
Starting from January 2024, the Grab-powered digital bank GXBank started rolling out its very first physical card, the GX Card. A debit card that’s linked to the GX Account, the GX Card can be used...
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Here’s how OCBC Business is making it easy for M’sian SMEs to offer...
[This is a sponsored article with OCBC Business Banking.] Enabling cashless payment options to customers is essential for businesses in the digital landscape. This way, you can provide customers with...
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Ant Group pumps in another S$200m into S’pore digibank ANEXT Bank
Alibaba’s Ant Group has made an additional S$200 million investment into ANEXT Bank, its wholly-owned subsidiary and SME digital bank, according to news reports made yesterday (March 25). According to...
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Grab to discontinue GrabPay cards in June, cites higher adoption of other...
Grab will be discontinuing their GrabPay digital and physical cards from June 1, 2024 onwards. In an announcement on its website, the mobility and tech giant stated that users will no longer be able...
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As part of its ESG efforts, Jaya Grocer adopts on-demand pay for employees...
With a focus on employee well-being, Jaya Grocer announced yesterday (April 1) that it’s introducing earned wage access (EWA) in the company. This is done in collaboration with one of Asia’s largest...
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