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9 Fintech Brand Leaders in APAC Awarded

Fintech News

Nine fintech-focused chief marketing officers (CMOs) have been named among the most influential and purposeful marketers in Asia-Pacific (APAC), recognized by Campaign Asia-Pacific and DoubleVerify for their ability to adapt to a rapidly evolving landscape. Goh has been consistently recognized as a leading marketer in APAC.

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Wise to Open Hyderabad Hub, Launches New Payment Feature for Indian Firms

Fintech News

The team will be led by Smrithi Ravi, the companys APAC Head of Engineering, who will relocate from Singapore to oversee the new hub. Since 2021, it has also offered outward transfers from India through its own AD-II licence, allowing customers to remit up to US$250,000 annually under the Liberalised Remittance Scheme.

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Can Crypto Firms Catch Up on Compliance Gaps as Regulations Evolve?

Fintech News

As crypto adoption accelerates, regulators are ramping up enforcement of the Financial Action Task Force’s (FATF) Travel Rule compliance in APAC. Four Years In, The Compliance Gap in the Travel Rule Still Exists In 2021, the FATF updated its risk-based guidance for virtual assets and VASPs, reinforcing the Travel Rule.

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Identity Fraud Surges in Scale and Sophistication, with APAC’s Financial Services Becoming a Prime Target

Fintech News

Between 2021 and 2024, identity fraud rates increased from 1.1% Identity fraud in APAC In Asia-Pacific (APAC) where digital growth is accelerating, identity fraud continues to grow at an alarming rate. Echoing global trends, Sumsub data reveal that financial services are the most affected industry in APAC.

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Former Grab Leader Saad Ahmed to Spearhead Gemini’s APAC Expansion

Fintech News

Gemini, an American crypto exchange founded by twins Tyler and Cameron Winklevoss, has announced the appointment of Saad Ahmed as the new Head of Asia Pacific (APAC). The former APAC chief Jeremy Ng left the company back in December 2021. He will also be responsible for overseeing the profitability and growth within the region.

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Billions Lost to Fraud Despite Efforts, APAC Fintechs Grapple with Rising Threats

Fintech News

This predicament is particularly acute for fintech firms in the Asia-Pacific (APAC) region, where the fintech sector is rapidly expanding. The Evolving Fraud Landscape APAC has seen a significant uptick in corporate data breaches, profoundly impacting fintech companies. million in 2021.

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5 Lessons APAC Digital Banks Can Learn from Nubank’s US$1B Profitability Journey

Fintech News

As digital banks in the Asia Pacific (APAC) region aim to replicate this success, there are valuable lessons to be learned from the unconventional Nubank approach to banking. Digital banks in the APAC region should take note of this Nubank approach. According to a 2021 report by the Asian Development Bank, an estimated 1.1

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