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DBS Bank to sell majority stake in AXS to Tower Capital Asia

Singapore's DBS Bank is selling a 77.8% majority stake in AXS, a provider of electronic payment services, to Tower Capital Asia. The transaction is...

DBS launches e-CNY merchant collection solution in Mainland China

Singaporean banking giant DBS has launched an e-CNY merchant collection solution in Mainland China, allowing businesses to receive payments in China's central bank digital...

BIS names Maha El Dimachki as new head of Singapore innovation hub

Maha El Dimachki has been appointed as the new head of the BIS Innovation Hub Centre in Singapore by the Bank for International Settlements...

B2B fintech Aspire reports profitability

B2B fintech Aspire has announced its profitability, following a successful Series C funding round. Aspire provides a comprehensive finance operating system for businesses and...

Crypto fintech Oobit names Phillip Lord as president

Crypto fintech Oobit has appointed Phillip Lord as its new president. Lord, an experienced investment banker and blockchain investor, will focus on forging partnerships,...

Digital banking group Tyme lands $77.8m in pre-Series C funding

Digital banking group Tyme has raised $77.8 million in a pre-Series C funding round led by Norrsken22 and Blue Earth Capital. The funding will...

Standard Chartered partners Worldpay from FIS to expand payment collections offering

Standard Chartered has partnered with Worldpay from FIS to enhance its Straight2Bank Pay solution, a digital collections gateway for merchants. This collaboration will allow...

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