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FinTech Alliance PH Backs BSP Takeover Of Online Lending Supervision From SEC

Asian Morning Standard -
The Philippines OLP moratorium has been held since November 2021. The SEC targets a formal lift before mid-2026, while simultaneously proposing to exit the regulatory function entirely.
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TNG eWallet Removes Debit Card Quick Payment Feature Effective May 13 In Malaysia

Asian Morning Standard -
TNG Digital removes a key convenience feature from TNG eWallet, raising questions about platform reliability at scale.
News

Western Union Launches USDPT On Solana To Replace SWIFT For Global Agent Settlements

Asian Morning Standard -
Crypto-native remittance platforms competed against Western Union's SWIFT delays. USDPT changes the competitive baseline they were built against.
News

MAS And Singapore Banks Pool Transaction Data To Train AI Scam Detection Models

Asian Morning Standard -
Singapore is building a governance template for multi-institution AI data sharing in financial crime. ASEAN regulators are watching closely.
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CIMB Thai Exits Auto Finance As ASEAN Banks Reprice Risk And Capital

Asian Morning Standard -
For Mitsubishi UFJ-backed Krungsri, the acquisition reinforces its position in Thailand's auto finance market amid constrained domestic loan demand.
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Singapore MAS And CSA Direct Bank Boards To Own AI Cyber Risk

Asian Morning Standard -
The Association of Banks in Singapore is coordinating member banks on threat intelligence sharing amid rising AI cyber risks.
News

MAS Pools Bank Data To Build AI Scam Detection Models Across Singapore

Asian Morning Standard -
Singapore's scam losses run into the hundreds of millions annually. MAS is testing whether AI trained on pooled bank data can shift detection from reactive to pre-emptive.
News

Western Union Launches USDPT Stablecoin With Philippines As First Market

Asian Morning Standard -
Stable by Western Union, a consumer dollar stablecoin product, launches in June across the Philippines, Mexico, Argentina, and Colombia. Remittance rails are shifting.
News

MAS Opens A Pathway For Singapore Banks To Hold Stablecoins Without Punitive Capital Charges

Asian Morning Standard -
Singapore banks may immediately adopt the proposed MAS cryptoasset framework, subject to interim caps and advance notification to the regulator.
News

PayNet And NETS Lead Nexus Technical Operator Mandate With Endava And AWS Support

Asian Morning Standard -
Five central banks. One multilateral network. The Nexus Technical Operator is appointed and the engineering phase has begun.
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