FinTech

Wirecard director suspected of fraud believed to have been sacked

The Wirecard Asia director at the centre of a global scandal rocking the digital payments giant is believed to have been sacked amid a police probe into suspected fraud and forgery, The Straits...

DBS making it easier for rich HK clients to set up accounts

DBS wants to allow high-net-worth clients in Hong Kong to set up investment accounts digitally by the third quarter.

Stripe hires PayPal veteran to steer Asia-Pacific business

PAYMENTS startup firm Stripe has hired a veteran from PayPal to head its business in the Asia-Pacific, The Business Times understands.

Fintech startup KOKU could raise US$10m more after Tencent co-founder's investment

FOREX technology enabler KOKU has secured US$2 million in pre-Series A funding led by Decent Capital, a Chinese angel investment firm started by Jason Zeng, co-founder of Chinese tech giant...

Wirecard sues Financial Times over investigative reports

FRANKFURT • German payments company Wirecard said on Thursday it was suing the Financial Times over a series of investigative reports that it said made use of, and misrepresented, business secrets...

Global fintech TransferWise now allows remittances via PayNow

SINGAPORE - London-based fintech firm TransferWise has formally added PayNow to its other payment options like credit card, debit card and bank transfer, following an initial test of the mobile...

New basic training course on fintech launched

A new short training course on fintech has been launched to help junior executives in the banking and financial services industry better understand how key technology trends will impact the way...

Some Singapore employees may be criminally liable: Wirecard

Some employees of Wirecard's Singapore subsidiaries may be liable for criminal wrongdoing, the German payments giant said.

Foundation course in fintech launched to help workers in banking and finance

SINGAPORE - A new short training course on fintech has been launched to help junior executives in the banking and financial services industry better understand how key technology trends will impact...

Wirecard fraud probe leaves unanswered questions

(BLOOMBERG) - Move along, nothing to see here. That's the message from Wirecard AG as it tries to rebut allegations of fraud that have wiped more than 50 per cent off the payment processing giant'...