HSBC is reportedly considering scaling back its retail banking operations in Mexico, Malaysia, Indonesia and some other countries. The bank is considering focusing only on...
Indonesia has banned Apple’s newest iPhone, hindering sales in one of the world’s largest countries. The ban on sales of the iPhone 16 came after Apple apparently failed to...
Cross-border payments company Nium has launched a collaboration with Bank Rakyat Indonesia (BRI). The partnership lets BRI’s 150 million-plus account holders — many of whom live in remote parts of Indonesia,...
B2B payments firm PayMate says it plans to acquire Indonesian FinTech-as-a-Service (FaaS) company DigiAsia. The $400 million transaction, announced Tuesday (Sept. 24), will mark Mumbai-based PayMate’s launch in Indonesia, with...
Indonesian super app Grab saw a record number of monthly users in its latest quarter. “We continued to harness the strength of the Grab ecosystem, and improved...
Enterprise-focused cross-border payments platform PingPong has won approval to do business in Indonesia. Bank Indonesia, the country’s central bank, has granted the company a payment...
Microsoft will inject $2.2 billion into Malaysia’s burgeoning cloud and artificial intelligence (AI) infrastructure over the next four years, CEO Satya Nadella announced on Thursday...
In a move that underscores the growing global interest in artificial intelligence (AI), Microsoft has announced an investment of $1.7 billion over the next four years...
TikTok and GoTo, the largest digital ecosystem in Indonesia, announced the formation of a strategic partnership in Indonesia. With this deal, GoTo’s eCommerce company Tokopedia and TikTok Shop Indonesia have combined...