• Alibaba sees decline in stock value

    Alibaba Group Holding Limited witnessed a decline in its stock value on Tuesday following the release of its quarterly financial results. For the fiscal fourth quarter of 2023, the e-commerce giant, co-founded by Jack Ma, reported…
  • CTBC taps Hitachi for new interface

    CTBC Bank Philippines, in collaboration with Hitachi Asia, has revamped its digital interface to enhance access to digital financial services and promote financial inclusion in the Philippines. The redesigned interface, Retail NetBanking, aims to provide…
  • FIU Approves Binance and Kucoin as VASPs in India

    India's Financial Intelligence Unit (FIU) has granted approval to cryptocurrency exchanges Binance and Kucoin to operate as Virtual Asset Service Providers (VASPs) in the country, reports the Economic Times. Vivek Aggarwal, Director of FIU-IND, confirmed the…
  • GoTyme Bank Announces Acquisition of SAVii

    Filipino digital challenger GoTyme Bank has announced its acquisition of Manila-based lendtech SAVii, aiming to enhance its expansion into payroll-enabled financial products. Founded in 2017 by CEO Liam Grealish, along with Benoit Portoleau-Balloy and Javier Frasseto,…
  • Philippines Central Bank Approves PHPC Stablecoin

    The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, has given the green light to PHPC, a stablecoin pegged to the Philippine peso. The initiative aims to streamline remittance processes, making them…