Fintech
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Indonesia Approves Islamic Finance Sandbox for Halal Tech Startups
On 10 March 2025, Indonesia’s financial regulator, Otoritas Jasa Keuangan (OJK), gave formal approval to an Islamic finance…
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Singapore Cracks Down on Unlicensed Digital Lenders Nationwide Suddenly
The Monetary Authority of Singapore (MAS) announced on June 4, 2025, a renewed enforcement campaign against digital lenders…
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Philippine Startup Sector Faces Financial Struggles and Rising Casualties Mount
A new analysis released by the Philippine Startup Group on 21 May 2025 warns that escalating burn rates…
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Singapore Regulator Cracks Down on Unlicensed Digital Lenders Suddenly
The Monetary Authority of Singapore announced on June 4, 2025, a formal crackdown on unlicensed digital lenders, responding…
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Indonesia Approves Sandbox for Halal Fintech Startups
Indonesia’s financial regulator just gave halal fintech startups a testing ground. The sandbox approved March 10 lets companies…
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DBS Bank’s Digital Outage Triggers Singapore Regulator’s Penalties
The Monetary Authority of Singapore has taken action against DBS Bank following a digital-banking outage on September 9,…
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DBS Faces Singapore Penalties Over Digital-Banking Outage
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has imposed penalties on DBS Bank Limited and ordered…
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MBSB Bank, PKNS partner to push cashless payments at Ramadan festival
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MBSB Bank, Prec ink pact to drive cashless business transactions among SMEs
PKNS Real Estate Sdn Bhd (Prec) and MBSB Bank Bhd (MBSB) have signed a memorandum of understanding (MoU)…
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Wirecard’s Missing €1.9B Unravels German Giant
Munich, December 8, 2022 — cyberinktimes.com — The missing €1.9 billion was roughly a quarter of Wirecard’s entire…
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SEA Ltd and Petronas Among Firms Seeking Malaysia Digital Bank License
As Malaysia prepared to modernize its financial sector, a wave of corporate interest emerged in the country’s digital…
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Malaysia Mandates Cashless Payments for All Government Services by 2022
During a Malaysian Institute of Accountants (MIA) conference on 10 June 2021, Finance Minister Tengku Datuk Seri Zafrul…
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Virgin Money UK Admits Payday Payment Failure
By mid-morning on 6 January, the social media feeds of thousands of Clydesdale and Yorkshire Bank customers were…
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Ant Financial Seeks Digital Banking License in Singapore Market
Ant Financial, the Chinese payments company recognized as the world’s most valuable financial technology firm, has submitted an…
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Philippine SEC Revokes Robocash License Over Unauthorized Expansion
The Securities and Exchange Commission of the Philippines revoked the operating license of Robocash Finance Corporation on December…
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Dutch Banking Giant ING Agrees to €775 Million Settlement
In a significant move on September 11, 2018, it was disclosed that ING Groep NV, a renowned Dutch…
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