Financial Services
MAS completes live trial of CBDC for interbank lending
The Monetary Authority of Singapore (MAS) has announced the successful completion of a live trial for settling interbank overnight lending transactions using wholesale Central Bank...
Finloop and 1exchange partner for RWA liquidity ecosystem
Finloop Finance Technology Holding Limited, a global Web5 wealth technology platform, and 1exchange, a regulated exchange for Real-World Assets (RWA) security tokens, have announced a...
MAS and Deutsche Bundesbank sign MoU on digital asset settlement
The Monetary Authority of Singapore (MAS) and the Deutsche Bundesbank have signed a Memorandum of Understanding (MoU) to collaborate on cross-border digital asset settlement. Announced...
Evercomm and CTBC launch AI-powered finance engine
Evercomm, a leader in digital sustainability solutions, and CTBC Bank, Taiwan's largest privately-owned bank, have announced the full operational deployment of their AI-powered transition finance...
ASEAN FinTechs secure larger deals amid funding decline
ASEAN's Financial Technology (FinTech) sector is navigating a challenging landscape in 2025, with funding hitting its lowest since 2016. Despite this, mature FinTechs are securing...
Maybank and XTransfer expand cross-border payment solutions
Maybank and XTransfer have announced a strategic partnership to enhance cross-border payment solutions, including Shariah-compliant services, across ASEAN. The collaboration was formalised during the Singapore...
UOB, BCG, and NUS release White Paper on wealth succession in Asia
UOB Private Bank, in collaboration with Boston Consulting Group (BCG) and NUS Business School, has unveiled a comprehensive White Paper titled "The Asia Generational Wealth...
MAS and UK FCA partner on AI-in-Finance initiative
The Monetary Authority of Singapore (MAS) and United Kingdom's Financial Conduct Authority (FCA) have announced a strategic partnership to advance artificial intelligence (AI) in finance...
Finmo and Standard Chartered launch global currency accounts
Finmo, a global fintech company, has partnered with Standard Chartered to introduce Global Currency Account (GCA) capabilities, enabling businesses to manage pay-ins, pay-outs, and foreign...
Schroders advises on wealth protection for global citizens
Global citizens residing in Singapore are being urged by Schroders to adopt forward-looking strategies to protect and grow their wealth amidst rising global risks. According...
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