Southeast Asia
Malaysia, Cambodia float plans to link domestic payment systems
Malaysia, Cambodia float plans to link domestic payment systems
They are also aiming to eventually enable cross-border QR payments between the two countries.
Funding winter settles upon ASEAN fintechs, but rebound in sight
In the meantime, fintechs can take advantage of the lower valuations and acquire other firms.
UOB, CCPIT forge partnership to boost SEA trade
Both parties aim to strengthen supply chains, drive innovation, and promote sustainable development.
Mastercard hires marketing veteran as VP and head of marketing and comms for SEA
Dheeraj Raina had worked for several advertising and media firms.
SEA fintech investments drop 65% to $2b in 2023
Singapore made up over half of the investments, with its fintechs clinching $1.1b in total.
Cross-border payments, embedded finance to be boosted in 2024: analyst
Embedded financial services will become increasingly popular during the year.
Partnerships, carbon action, talent acquisition key for SEA banks’ in 2024: analyst
Developing new workforce capability is now a necessity given macro factors.
BEA rebrands, upgrades digital services and bank branches
The bank has introduced artificial intelligence and fintech solutions to digitalise and automate operations.
Laos, Vietnam ink MOU for cross-border QR code payment linkage
The MOU will facilitate the use of local currencies in retail payments in the two countries.
SEA digital payments slated for growth as e-commerce market doubles: study
BNPL is projected to grow by 38% over the next five years.
Fintech funding in SEA freefalls 74% in Q3
Rising interest rates, macroeconomic factors, and fear of reduced startup valuation caused this downfall.
New M&A head has been appointed for Natixis CIB SEA, India
Abbas Rangwala will report to Miranda Zhao.
Int’l businesses target ASEAN for supply-chain connectivity versus consumer market
Growth in sales for the region is expected to climb 23.2% in the next 12 months.
Financial regulators in ASEAN pledge to bolster partnerships, region to grow 4.5%
The ministers and governors discussed maintaining strategies amidst geopolitical tensions, debt, and sustainability hurdles.
The majority of Singaporean and Hong Kong youth believe that financial advice-seeking is beneficial
The study reveals that family comes in third most reliable source of financial advice.
Indonesia, Malaysia, Thailand ink MOU for cross border bilateral transactions
The new framework is expected to synergise with cross-border payment initiatives.
QR payments seen to skyrocket by 2028 – Study
Its transaction volume is expected to reach 90 billion by 2028.
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