Singapore

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DBS and Stripe launch AI payments integration across Asia Pacific Currency Information

DBS and Stripe launch AI payments integration across Asia Pacific

DBS Bank and Stripe have joined forces to embed banking and payment services across Asia Pacific, targeting faster cross-border transactions and new AI-driven commerce tools for businesses and merchants in the region

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Eftsure expands global reach with Relish acquisition and AI integration

Eftsure's purchase of US-based Relish brings advanced AI-powered vendor validation and invoice automation under one roof, aiming to secure payments for over 4,000 businesses across 190 countries

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ACI Worldwide Moves to Expand Card Processing with Cranium Deal

ACI Worldwide is set to acquire Cranium Ventures, aiming to accelerate the rollout of advanced card switching technology within its ACI Connetic for Cards platform. The move could reshape how financial institutions handle card payments and fraud prevention.

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Yen Holds Near 160 as Rate Hike Debate Intensifies in Asia

The Japanese yen remains close to 160 per US dollar as policymakers weigh further Bank of Japan rate hikes, while renewed geopolitical tensions and shifting US interest rate expectations add to currency market uncertainty

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Visa and Nium Test Stablecoin Settlement in Singapore's BLOOM Pilot

Visa and Nium are piloting stablecoin settlements under the Monetary Authority of Singapore's BLOOM initiative, aiming to enable faster cross-border payments even on weekends and public holidays

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Major Banks Adopt Ant International's FalconTST 2.0 for FX Risk

Barclays, Citi, Deutsche Bank, and Standard Chartered are now using Ant International's FalconTST 2.0 AI platform to improve forecasting and manage currency risk in cross-border payments, with new features designed to address real-world data challenges

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US Dollar Faces Pressure as BCA Research Favors Asian and European Currencies

BCA Research signals a shift away from the US dollar, highlighting weakening real yields and reduced foreign investment as reasons to favor the South Korean won, Japanese yen, Taiwan dollar, Singapore dollar, and euro

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