Finance News

Finance 4 min

FINANCE · 18 May 2026 —

Western Union Picks Fireblocks for USDPT — Stablecoin Settlement Hits Remittance Rails First in Philippines and Bolivia

On 4 May 2026 Western Union announced Fireblocks will power USDPT, the company's first U.S. dollar-backed stablecoin. Se...

FI

Finance Desk

18 May

Finance 3 min

FINANCE · 18 May 2026 —

Malaysia Fintech 2030 Launches Talent-Pipeline MoU at Money20/20 Asia in Bangkok

The Fintech Association of Malaysia signed a memorandum with Manaf Gardner Associates at Money20/20 Asia on 2 May 2026,...

FI

Finance Desk

18 May

Finance 9 min

FINANCE · 8 May 2026 —

PayPal's AI Reckoning: New CEO Cuts 4,760 Jobs and Bets $1.5 Billion on Machine-Led Transformation

PayPal announced 4,760 job cuts (20% of workforce) as new CEO Enrique Lores restructures the company into three business...

FI

Finance Desk

8 May

Finance 10 min

FINANCE · 8 May 2026 —

Coinbase Joins PayPal in AI-Driven Job Cuts: Is the Great Fintech Workforce Reset Just Beginning?

Coinbase (14% cuts) and PayPal (20% cuts) announced AI-driven workforce reductions on the same day, capping a wave that...

FI

Finance Desk

8 May

Finance 7 min

FINANCE · 7 May 2026 —

The $860 Billion Agentic Commerce Opportunity: How AI Is Rewiring Global Payments From the Inside Out

PayPal's $860B TAM estimate for its three new business units frames the scale of the agentic commerce opportunity as Str...

FI

Finance Desk

7 May

Finance 5 min

FINANCE · 5 May 2026 —

Bitcoin Breaks $80,000 at Consensus 2026 as ETF Inflows Hit $1.97 Billion in April

Bitcoin broke $80,000 on May 4 as Consensus 2026 opened in Miami. April ETF inflows hit $1.97B — the strongest month of...

RE

RECATOOLS Editorial

5 May

Finance 5 min

FINANCE · 2 May 2026 —

Visa Launches "Agentic Ready" Programme in Singapore as Stablecoin Settlements Hit $7 Billion Annually

Visa has launched its Agentic Ready programme with 13 Singapore issuers to prepare banks for AI-agent payments, while it...

RE

RECATOOLS Editorial

2 May

Finance 5 min

FINANCE · 2 May 2026 —

Robinhood Gets MAS Approval for Singapore — What It Means for Retail Investors

Robinhood received in-principle approval from MAS to launch brokerage services in Singapore. Here is what this means for...

RE

RECATOOLS Editorial

2 May

Finance 5 min

FINANCE · 1 May 2026 —

Western Union's USD Stablecoin Is Coming in May 2026 — What ASEAN Remittance Senders Need to Know

Western Union is launching a USD-backed stablecoin in May 2026 for faster, cheaper cross-border transfers. Here is what...

RE

RECATOOLS Editorial

1 May

Finance 5 min

FINANCE · 28 Apr 2026 —

Singapore CPF Investment Returns Hit 10-Year High — What Savers Need to Know in 2026

Singapore CPF investment returns hit a 10-year high in 2025. Here is what CPF members, SRS account holders, and retail i...

RE

RECATOOLS Editorial

28 Apr

Finance 5 min

FINANCE · 25 Apr 2026 —

Malaysia Advances ASEAN's First 24/7 RTGS System — Here Is What It Means for Regional Payments

Malaysia advanced ASEAN's first 24/7 Real-Time Gross Settlement system. Here is what this means for businesses and cross...

RE

RECATOOLS Editorial

25 Apr

Finance 5 min

FINANCE · 15 Apr 2026 —

Singapore DBS Bank Cuts 3,000 Jobs — The AI Automation Reality in Financial Services

Singapore banks reduced headcount by nearly 3,000 roles in 2025, with DBS accounting for most of the decline. Here is wh...

RE

RECATOOLS Editorial

15 Apr