#asia

ACI Worldwide is exploring the sale of its electronic billing unit at a US$1.5 billion valuation, signaling a significant strategic reshaping of the payments technology firm.

Dave Brown, head of AWS compute and machine learning, departs after 19 years; Dave Treadwell steps in as division chief from 1 August 2026.

A multi-billion-dollar fraud wave is reshaping how Asia's fintechs approach security, pushing eKYC from compliance formality to the frontline of customer trust.

Visa launches a managed stablecoin platform for banks and fintechs, initially supporting Open USD — a strategic move to own digital dollar infrastructure.

PayPal's board reportedly considers Stripe and Advent International's US$53 billion, $60.50-per-share takeover offer insufficient, as further deliberations loom.

Mambu earns Swift Business Connect Enabler certification, letting banks tap into global financial messaging via its Payments Hub with no legacy infrastructure required.

Adyen appoints Gary Yang as Asia-Pacific President from 1 August 2026, succeeding Warren Hayashi who retires at year-end after a structured handover.

Episode Six has launched a dedicated AI centre in Singapore to build agentic payment capabilities for banks and fintechs, anchored on its TRITIUM cloud-native platform.

Singapore's MAS now requires securities-based crowdfunding platforms to file detailed quarterly data on issuances and overdue repayments within 14 days of each quarter's close.

Standard Chartered is integrating BlackRock's Aladdin Wealth tools into its myWealth Advisor platform, giving relationship managers richer portfolio risk analysis.

Stripe and Advent International have jointly proposed acquiring PayPal at $60.50 per share, valuing the payments giant at over $53 billion — a 28% premium to its recent close.

Tuan Nguyen has stepped down as Techcombank's CIO after six years, closing a pivotal chapter in the Vietnamese bank's digital transformation journey.