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Finance Artificial Intelligence (A)I chatbots are reshaping how businesses handle customer interactions and streamline financial operations. According to Gartner , chatbots and virtual assistants are changing the game for how businesses handle customer questions. More and more companies are turning to these tools, and by 2027, theyre expected to become the go-to option for customer service.
Digital Ang Baos are gaining popularity in Singapore, with DBS/POSB reporting a doubling of customers using their digital gifting services in 2024 compared to the previous year. Over 70% of these customers were first-time users of the bank’s QR Ang Bao and eGift services, transferring a total of SGD 39 million during the Lunar New Year period.
Following on from a successful first edition in 2024, the fintech show Money20/20 will be returning to Bangkok, Thailand for the second Money20/20 Asia event. Taking place, on 22-24 April 2025 at the Queen Sirikit National Convention Center (QSNCC), Money20/20 has announced the first 130 speakers for the upcoming event. This year, there will be four dynamic stages at Money20/20 Asia.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
The National Bank of Cambodia (NBC) has introduced new regulations governing cryptoasset transactions and activities within the country. The prakas aims to manage the growing use of cryptoassets while safeguarding the financial system from associated risks. The regulations classify cryptoassets into two groups. Group 1 includes tokenised traditional assets, such as bonds and equities, and stablecoins backed by traditional assets with strict stabilisation mechanisms and regulatory oversight.
The National Bank of Cambodia (NBC) has introduced new regulations governing cryptoasset transactions and activities within the country. The prakas aims to manage the growing use of cryptoassets while safeguarding the financial system from associated risks. The regulations classify cryptoassets into two groups. Group 1 includes tokenised traditional assets, such as bonds and equities, and stablecoins backed by traditional assets with strict stabilisation mechanisms and regulatory oversight.
In todays competitive FinTech landscape, small businesses face unique advertising challenges, from limited budgets to building trust in a crowded market. This guide explores actionable strategies to overcome these hurdles, leveraging targeted campaigns, cost-effective solutions, and content marketing to drive growth and connect with the right audience.
The Asia-Pacific (APAC) region boasts one of the fastest-growing fintech industries globally, home to several leading players and the highest levels of fintech adoption worldwide. In 2024, financial regulators ramped up efforts to introduce supportive frameworks aimed at fostering fintech innovation and adoption. The sector, meanwhile, continued to shift from aggressive growth and empire-building to consolidation and optimization.
Frax Finance , a decentralised stablecoin cryptocurrency protocol, has launched a new stablecoin, dubbed ‘frxUSD’, in a move to offer a secure, transparent, and fully auditable backing mechanism. The Frax Finance frxUSD stablecoin, a rebranded evolution of its flagship FRAX stablecoin, offers direct fiat redemption capabilities and enhanced compliance with US financial systems.
Rakkar, a digital asset custody provider backed by SCB 10X, has been awarded a Digital Asset Custodian License by the Ministry of Finance of Thailand. The license was issued under the supervision of the Securities and Exchange Commission (SEC) of Thailand. The approval enables Rakkar to offer secure and compliant digital asset custody services to institutions operating in Thailand.
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DBS Bank India has announced that Rajat Verma will assume the role of CEO starting 1 March 2025, following approval from the Reserve Bank of India. Rajat Verma Verma, currently serving as Head of Institutional Banking Group (IBG) at DBS India, will succeed Surojit Shome, who is set to retire on 28 February 2025. In his new role, Verma will join DBS Group Management Committee.
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