NEC Joins Race to Lead Malaysia’s National Digital ID Project

Japanese ICT giant, NEC, has submitted a proposal to the Malaysian Ministry of Communications and Multimedia (KKMM) to provide biometric technology for a large-scale government program, which will see the introduction of biometric identities for all of Malaysia’s 32...

Singapore Extending Digital Bank Licenses to Non-Bank Players

The Monetary Authority of Singapore (MAS) announced on 28 June that it will issue up to five new digital bank licenses. This is in addition to any digital banks that the Singapore banking groups may also establish under the existing internet banking framework...

Go-Jek Expanding Financial Services, Food Delivery in Thailand

Indonesian ride-hailing app Go-Jek will offer more financial services and expand its Thai food delivery business following an investment of an undisclosed amount from Siam Commercial Bank (SCB), Thailand’s largest bank.  Kasikornbank, another large Thai banking...