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Malaysian budget airline AirAsia Group Bhd said on Thursday its fintech unit has bid for a digital banking license in the country as part of a consortium. BigPay, the unit, has partnered with Malaysian Industrial Development Finance Berhad – a unit of the…
Singapore cross-border startup InstaReM has withdrawn from the contest for a digital wholesale banking license, preferring to focus on its global business-to-business payments instead. It is the first firm to declare its withdrawal. InstaReM, which recently…
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