Banking stories
Fresh capital will back fintech startups as banks and insurers speed up digital modernisation, with Portage now overseeing USD $7.0 billion in assets.
The funding will help the Singapore payments firm expand regulated stablecoin services and merchant acceptance across Asia and Europe.
Uneven uptake leaves Japan lagging, as fraud fears and AI scam worries reshape how families send and receive money across Asia Pacific.
A wider customer base and new cross-border fees are in Nu's sights as it begins serving US savers and international payers.
British founders remain wary of AI, with trust and knowledge gaps leaving small firms behind their European peers despite heavy admin loads.
Banks and insurers could spot commercial risk sooner after Veridion secured USD $20 million to expand its live business graph.
Businesses can now confirm account ownership before sending payments, with Shufti's tool covering more than 70 countries and easing fraud checks.
Visa-backed investors have lifted Velocity's Series A to USD $48 million as stablecoin payments gain traction with institutions.
Consumers across Asia Pacific are willing to wait longer for transfers if it reduces scam losses, Visa's survey of 45,000 people found.
Enterprises under pressure to curb AI risk and cost are being given a hybrid option that blends generative models with OCR and rules-based extraction.
Demand for Claude in regulated sectors is driving Anthropic to deepen its Asia-Pacific footprint as Singapore usage outpaces population size.
The feature could make everyday banking easier by letting Biscuit account holders move money, split bills and pay invoices by voice or text prompts.
Small firms could earn more on idle cash as American Express moves deeper into deposit-taking and payroll services for business customers.
Consumer lending across Southeast Asia will expand for Grab, which is funding a controlling stake in Atome Financial entirely from existing cash.
Business customers will soon be able to share bank details with fewer fraud risks, after the bank became the first in New Zealand cleared to issue digital IDs.
Lenders using HES LoanBox and CollectionAgent will gain more repayment and payout options through a single integration, reducing friction for borrowers.
Business customers can now verify bank account details faster and with less fraud risk as digital credentials debut through Govt.nz's app wallet.
The Michigan credit union is aiming to cut loan handling time and simplify member service by using one platform for deposits and borrowing.
Smaller lenders risk losing commercial deposits as the new suite adds payments, cards and treasury tools to serve complex business clients.
Singapore-based clients gain a nearby multilingual support base as TP expands Malaysian operations with a Johor Bahru centre near the border.
