Hong Kong launches stablecoin bill to promote financial innovation
The move aims to balance stability, consumer protection and virtual asset growth.
SenseTime turns to genAI amid financial challenges
The reorganization created business units for smart cars, robotics, healthcare and retail.
Israeli fintech unicorn acquires British financial firm for $46 million
Capitolis played a role in offsetting more than $10 trillion in interest rate derivatives.
Hong Kong financial technology KPay received US$55 million in Series A financing
KPay currently serves 45,000 merchants in Hong Kong, Singapore and Japan.
Dai's Security Bank acquires Mitsubishi UFJ Financial Group's stake in Home Credit Philippines Bank
Philippine banks are relying on higher-margin consumer loans as yields on commercial loans tighten. Getty Security Bank, a Manila-based bank controlled by tycoon Frederick Dy and his family, will acquire a 25%