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

The Philippines may consolidate digital lending oversight under the BSP, ending a fragmented regulatory structure that has long complicated compliance for online lenders.

TNG eWallet Removes Debit Card Quick Payment Feature Effective May 13 In Malaysia

TNG Digital permanently removes debit card Auto Reload from TNG eWallet, effective May 13, citing transaction reliability concerns.

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

Western Union's USDPT stablecoin is live on Solana, replacing SWIFT for 360,000 agent settlements across 200 countries.

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

Singapore's MAS is testing AI scam detection models trained on pooled data from five banks, a regional first.

CIMB Thai Exits Auto Finance As ASEAN Banks Reprice Risk And Capital

CIMB Group sells CIMB Thai's auto portfolio to Krungsri, unlocking RM 1.3 billion in capital under its Forward30 strategy.

Singapore MAS And CSA Direct Bank Boards To Own AI Cyber Risk

Singapore's MAS convened bank CEOs as the CSA issued board-level directives on frontier AI cyber threats.

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

MAS announced a Proof-of-Value on May 4 pooling transaction data from five banks to train AI models for pre-emptive scam detection in Singapore.

Western Union Launches USDPT Stablecoin With Philippines As First Market

Western Union launched USDPT on May 4, a dollar-backed stablecoin on Solana replacing SWIFT settlement for its global agent network. The Philippines is first.

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

MAS has proposed a principle-based alternative to the Basel 1,250% risk weight on permissionless blockchain cryptoassets, with submissions closing May 18, 2026.

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

PayNet, NETS, Endava, and AWS are now building the infrastructure that will link five national payment systems by 2027.

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