Financial Services
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Visa Bets on AI Agents and Stablecoins to Reshape Commerce
Visa has unveiled a broad set of AI, stablecoin and token capabilities at the Visa Payments Forum 2026 in San Francisco, positioning the payments network as the trust and infrastructure layer for the next generation of intelligent and programmable commerce.… Continue reading
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APAC Leads Global Wealth Growth for Second Year as AI Drives Record Gains
Global high-net-worth individual (HNWI) wealth grew 8.7 per cent in 2025 to reach a record USD 98.3 trillion — the largest single-year increase since 2018 — with Asia-Pacific emerging as the fastest-growing region for the second consecutive year, according to… Continue reading
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Deel Launches Stablecoin Wallet to Shield Global Contractors from Currency Volatility
Deel, the global workforce platform used by more than 40,000 businesses to hire and pay teams across 150+ countries, has launched a stablecoin wallet for contractors — a dollar-backed balance embedded directly inside the platform contractors already use to receive… Continue reading
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Vietnam Maritime Bank Cuts Loan Approval Time in Half with FICO AI
Vietnam Maritime Bank (MSB) has achieved a 200 per cent improvement in loan approval speed using FICO‘s intelligent decisioning capabilities, implemented in partnership with regional technology specialist Blitz in ten months. Loan turnaround time has been cut from 30 to… Continue reading
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60% of Singapore Firms Ship Untested Code as AI Speeds Delivery
Sixty per cent of organisations in Singapore have released software containing untested code, up from 47 per cent in 2025, according to the 2026 Quality Transformation Report from Tricentis. The sharp increase arrives as enterprises accelerate AI-driven software delivery —… Continue reading
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Manulife Hong Kong and Alibaba Cloud Sign AI Partnership, Target $1bn in Value by 2027
Manulife Hong Kong and Alibaba Cloud have signed a Memorandum of Understanding to co-develop AI applications for the insurance and financial services sector, with Manulife projecting more than US$1 billion in enterprise AI value by 2027. Joint AI hub to… Continue reading
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North Korean Hackers Stole $2 Billion in Digital Assets Last Year
CrowdStrike‘s 2026 Financial Services Threat Landscape Report has found that North Korean state-linked adversaries stole US$2.02 billion in digital assets in 2025, a 51% year-on-year increase, as the threat actor group weaponised artificial intelligence to industrialise financial cybercrime at scale.… Continue reading
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Finster AI Raises US$15m to Bring Generative AI to Investment Banking
Finster AI, an artificial intelligence (AI) platform designed for investment banks and asset managers, has raised a total of US$15 million (S$20.3 million) in combined Series A and Seed funding to expand its operations and accelerate product development. The Series… Continue reading
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WeLab, Google Form AI Partnership to Boost Digital Banking in Asia
WeLab, a pan-Asia fintech platform, has partnered Google to accelerate the adoption of artificial intelligence (AI) in digital banking across the region. The partnership, announced on Saturday (Sep 28), is aimed at helping WeLab achieve its goal of providing AI-powered… Continue reading
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Financial services can do cybersecurity better with the right tools
By: Taylor Armerding, Security expert at Synopsys Integrity Group The financial services industry is falling behind in cybersecurity. A new report shows where organisations should focus their software security efforts. When it comes to “walking the talk,” a new survey… Continue reading
