Congress urges industry-specific AI oversight in its first comprehensive framework, while Malaysia launches a National AI Office to steer its tech regulation ambitions. The U.K. joins the effort with proposed copyright reforms, aiming to balance innovation with creative industry protections. House AI Task Force Seeks...
HSBC is reportedly considering scaling back its retail banking operations in Mexico, Malaysia, Indonesia and some other countries. The bank is considering focusing only on wealthier clients in these markets as it looks to cut costs and focus on its core markets, which are the...
FinTech Ant International and Singapore bank OCBC are collaborating to enhance cross-border fund settlements. The goal of the partnership is to explore innovations in tokenized deposits for global treasury management through Ant International’s Whale platform, according to a Tuesday (Nov. 5) news release. “This collaboration...
Federal Reserve Governor Lisa Cook is tempering expectations of an artificial intelligence (AI) productivity impact, while Malaysia unveiled ambitious plans to become an AI hub and the European Commission assembled experts to craft AI guidelines. These developments highlighted the complex landscape of AI adoption, balancing...
October 02, 2024
Federal Reserve Governor Lisa Cook is tempering expectations of an artificial intelligence (AI) productivity impact, while Malaysia unveiled ambitious plans to become an AI hub and the European Commission assembled experts to craft AI guidelines. These developments highlighted the complex landscape of AI adoption, balancing enthusiasm with practical challenges as nations and organizations navigated the […]
May 01, 2023
Real-time payment systems have become increasingly popular around the world due to the rise of digital payments and the need for faster and more efficient financial transactions. Some of the...
January 22, 2020
In today’s top news, Grab, Razer, AirAsia and CIMB join other companies considering applying for one of five digital banking licenses in Malaysia, and Vodafone leaves the Libra Association. Also,...
November 27, 2017
Singapore is separated from Malaysia by a 1,056-meter (or 0.65-mile) Johor-Singapore Causeway, yet crossing the narrow strip of water separating the city-state of Singapore and its 5.6 million residents from the nation of Malaysia and...
December 13, 2024
HSBC is reportedly considering scaling back its retail banking operations in Mexico, Malaysia, Indonesia and some other countries. The bank is considering focusing only on wealthier clients in these markets as it looks to cut costs and focus on its core markets, which are the United Kingdom and Hong Kong, the Financial Times (FT) reported […]
November 06, 2024
FinTech Ant International and Singapore bank OCBC are collaborating to enhance cross-border fund settlements. The goal of the partnership is to explore innovations in tokenized deposits for global treasury management...
January 15, 2024
Singapore-based FinTech ipaymy has launched an automated invoicing platform for small- to medium-sized businesses (SMBs) in Singapore, Hong Kong SAR, Malaysia and Australia. The new Fetch platform is designed to help SMBs get...
December 11, 2023
Commerce infrastructure provider HitPay has debuted mass payouts in three new countries. Business customers in Singapore — where HitPay is based — Malaysia and the Philippines can now “seamlessly pay workers, contractors, partners,...
