XTransfer Gets Conditional Approval from BNM for Payment Licenses Fintech News, Posted February 26, 2026 Bank Negara Malaysia has granted XTransfer conditional approval for key payment licenses, clearing a path for its entry into the local market. The approval covers the issuance of electronic money and a Class A Money Services Business license for remittance […]
OpenAI deepens India push with Pine Labs fintech partnership Tech Crunch, Posted February 18, 2026 As India pitches itself as a global hub for applied artificial intelligence, OpenAI has partnered with Pine Labs to integrate AI-driven reasoning into the fintech firm’s payments stack, automating settlement and invoicing workflows in a move the companies say could […]
Indian fintech Olyv raises $23m series B Tech in Asia, Posted February 11, 2026 Olyv, a Bengaluru-based digital financial platform targeting India’s emerging middle class, has raised US$23 million in series B funding led by Fundamentum, with participation from SMBC Asia Rising Fund. Olyv offers products such as personal loans, gold savings, and credit health […]
Indonesia’s Artajasa ties up with Ant International on cross-border payments Asian Banking and Finance, Posted January 27, 2025 PT Artajasa Pembayaran Elektronis, an Indonesia payment system infrastructure provider, has entered into a memorandum of understanding with Ant International for cross-border payments and AI-powered transactions. Under the MOU, Artajasa and Ant International will work together to […]
India strengthens anti-money laundering regulation for cryptocurrency sector Lexology, Posted January 15, 2025 The Financial Intelligence Unit of India has issued a major update (dated January 8, 2026) to the “AML & CFT Guidelines for Reporting Entities Providing Services Related to Virtual Digital Assets” (“Guidelines”) which target (international and domestic) crypto-asset businesses operating in the […]
VEON’s Mobilink Microfinance Bank Launches Islamic Banking Operations in Pakistan VEON Posted December 17, 2025 VEON Ltd. (Nasdaq: VEON), a global digital operator, announced today that its financial services subsidiary, Mobilink Microfinance Bank Ltd., has launched Islamic banking operations in Pakistan, expanding access to Shariah-compliant financial services in in response to growing customer demand. Mobilink […]
Google deepens consumer credit push in India with UPI-linked card Tech Crunch, Posted December 17, 2025 Google is expanding its push into consumer finance in India with the launch of a UPI-linked credit card, betting on a country of more than 1.4 billion people where fewer than 50 million currently hold a credit card. On […]
Next-gen credit platforms redefine global card market IBS Intelligence, Posted December 3, 2025 Across the globe, credit card usage is accelerating as consumers increasingly expect faster, more flexible, and digitally native experiences. From APAC to the Americas, customers are demanding instant card issuance, real-time spending controls, personalised rewards, and agile repayment options—capabilities that many traditional […]
Mashreq Introduces NEO, Pakistan’s First Islamic-First Digital Banking Platform Mashreq, Posted November 24, 2025 Mashreq, one of the leading financial institutions in the MENA region, has officially introduced Mashreq NEO in Pakistan, a fully digital and Shariah-compliant banking experience built around how Pakistanis live, save, and transact. Following the bank’s official launch under the patronage […]
Top Payment Trends in India Fintech News Singapore, Posted November 21, 2025 India’s payment landscape has undergone a profound transformation over the past years, marked by government-led infrastructure modernization, the rise of digital payments, and the rapid expansion of the fintech sector. A new report by PwC and Global Fintech Fest provides an overview of […]