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Asia Pacific

Aon and Redkik Collaborate to Modernise Logistics Insurance

Aon, leading global professional services firm, has entered into a collaboration with Redkik, a software innovator in logistics and transportation insurance. The move is aimed at modernising how cargo and shippersโ€™ interest insurance are embedded across global supply chains. This...

US to Continue Lower Tariff Rates on Imports from China

The US is extending its pause on additional retaliatory tariffs for imports from China till November 10 as per an executive order, which was signed by President Donald Trump on 11 August 2025. The order went on to say that...

Interest Rate Cut in Australia for Third Time in 2025

The central bank of Australia on August 12, 2025, decided on an interest rate cut in Australia by almost a quarter percentage point for the third time in 2025 to 3.6%, with inflation getting tamed as well as economic...

Tap-Free and Face ID Payments Powering Their Way in Retail

In the recent years that have gone by, the retail spectrum has gone through significant transformation, which is driven by technological advancements. Among these innovations happens to be the rise of invisible payments, especially tap-free transactions, as well as...

RBI proposes AI โ€“ powered Conversational Payments via UPI

UPI, Indiaโ€™s preferred method for digital payments, is getting revamped with several new features by incorporating Artificial Intelligence-powered (AI) conversational features on UPI. The Reserve Bank of India (RBI) is likely to introduce โ€˜Conversational Paymentsโ€™, a new way to make...

FSS partners with UAE’s first digital banking platform

Integrated payments technology company FSS (Financial Software and Systems) has partnered with the United Arab Emirates-based YAP, a digital banking platform, to deliver secure, digital first-card experiences to consumers in the Middle-East and African regions. Under the partnership, YAP and...

SBI launches video KYC on mobile banking app YONO

State Bank of India (SBI) has launched a Video KYC (know your customer) based account opening feature on its mobile banking app โ€“ YONO. This functionality will help customers open an account with Indiaโ€™s largest commercial bank without having...

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