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Fintech

Philippines Fintech Industry Backs BSP Takeover Of Online Lending Oversight From SEC

Consolidating OLP regulation under the BSP would align the Philippines with centralized financial supervision models used across other Asian markets, according to FinTech Alliance PH.

TNG Digital Ends Debit Card Auto Reload And Quick Payment On TNG eWallet

The TNG eWallet debit card change shifts funding responsibility to users, with DuitNow Transfer absorbing displaced top-up volume.

Western Union Launches USDPT Stablecoin On Solana To Replace SWIFT For Agent Settlements

The Digital Asset Network connects crypto wallets directly to Western Union's cash-out locations. Seven or more partners are expected to activate in 2026.

MAS And Five Singapore Banks Test AI Models For Pre-Emptive Scam Detection

If the Proof-of-Value works, MAS has signalled it will expand the programme. A regional AI anti-scam infrastructure layer could follow.

CIMB Group Exits Thailand Auto Finance In Krungsri Portfolio Deal

CIMB's Forward30 plan is reshaping its regional footprint, with Thailand's risk-weighted asset share falling as the group targets 12% to 13% ROE by 2027.

Singapore Signals New Phase In Financial Cybersecurity Regulation Driven By AI

Singapore is reviewing whether cybersecurity obligations should extend to non-CII systems connected to financial sector infrastructure.

MAS Proof-Of-Value Sets Template For Industry-Wide AI Anti-Scam Infrastructure

MAS says the POV lays groundwork for deeper industry collaboration. If it works, expect the model to expand to broader datasets and more use cases across Singapore's banking sector.

Western Union Targets Remittance Markets With Regulated Dollar Stablecoin

Western Union CEO: "It is no longer a question of if we will be active in digital assets. It is now how fast we can scale." USDPT is the first answer to that question.

MAS Proposes Flexible Capital Framework For Banks Holding Crypto Assets On Public Blockchains

Industry bodies called the Basel permissionless blockchain approach punitive and not technology neutral. MAS has now responded with a principle-based alternative.

Endava Leads Architecture Build For Nexus Cross-Border Instant Payments Platform

Endava is designing the cross-border switch software at the heart of Project Nexus, applying an AI-native engineering approach.

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