Binance CFO Kaiser Ng steps down, Justin Yek named new finance chief. 08 Nov 2026 01:32AM (Updated: 08 Nov 2026 02:25AM) Add CNA as a trusted source to help Google better understand and surface our content in search results. Nov 7: Binance's finance chief Kaiser Ng is leaving the company to pursue another venture, the world's biggest cryptocurrency exchange said days after hackers stole $6.3 billion from the platform in a record heist. "Kaiser Ng has decided to pursue a new venture after more than five years at Binance, with a transition plan implemented over the last half year," Binance Co-Chief Executive Officer Yi He said in a statement on Saturday. ADVERTISING Justin Yek, a longtime finance executive who was most recently vice-president of finance at Airwallex, is taking over as CFO. The announcement comes just over a week after Binance said hackers stole cryptocurrency in a sophisticated attack that began months earlier with the compromise of several employees' computers. Binance has said the breach, which unfolded on October 29, started with malware hidden in software downloads and fake job recruitment efforts targeting engineers. It said it will fully reimburse affected customers. The FBI has blamed a North Korean hacking group for the theft, an allegation Pyongyang has denied. Ng has been CFO at Binance since January 2022 and has previously worked at rival crypto exchange Kraken, according to his LinkedIn profile.

Geolix.ai partners with Airwallex to support international growth through GEO and AI marketing. News originally published by November 6, 2026, 02:44 GMT SINGAPORE, Nov. 05, 2026 (GLOBE NEWSWIRE) - Geolix.ai, a Singapore-based generative engine optimization (GEO) and AI marketing agency, recently established a partnership with Airwallex, the global financial and payments platform. The partnership is intended to help Airwallex customers reach overseas buyers and grow their businesses in international markets, supporting the cross-border payment activity that accompanies that growth. Geolix.ai uses Airwallex's subscription billing services for its own business. Alongside that relationship, Geolix.ai's GEO and AI marketing capabilities support Airwallex customers seeking to build brand visibility and attract customers as they expand internationally. For businesses operating across borders, managing payments and finding customers are both essential to growth. Airwallex provides financial infrastructure for international operations, while Geolix.ai helps brands improve how they are understood, cited and recommended by AI engines. Geolix.ai combines buyer-intent research, AI visibility diagnostics, website and content optimization, and third-party source development. Its work helps businesses identify the questions prospective customers ask, assess how their brands appear in AI answers and address gaps in the information those answers draw on. Through the partnership, these capabilities are intended to help Airwallex customers become more visible when buyers use platforms such as ChatGPT, Gemini, Perplexity and DeepSeek to research products and compare suppliers. The focus is on helping businesses explain their offerings clearly and reach relevant audiences in new markets. The collaboration connects customer acquisition with the payment capabilities businesses need as they expand. By helping Airwallex customers reach overseas buyers, Geolix.ai aims to support their international growth and the cross-border transactions that follow. The partnership builds on Geolix.ai's earlier collaboration with Airwallex's China team on SEO, GEO and international growth. In September 2026, Geolix.ai founder Andy Guo joined Kathy Shi, Manager of Growth Content Marketing at Airwallex China, for a live session on how brands can adapt to AI-led customer discovery. The partnership extends the relationship beyond that earlier collaboration. About Geolix.ai Geolix.ai is a Singapore-based GEO and AI marketing agency helping brands expand into global markets. Asia Pacific Herald cover nine major AI engines and search experiences across Western and Chinese markets: ChatGPT, Perplexity, Gemini, Google AI Overviews, Google AI Mode, DeepSeek, Doubao, Qwen and Tencent Yuanbao. Its GEO SaaS monitors brand visibility across nine AI models in China and international markets and provides businesses with insights into how they appear in AI-generated answers. Learn more at https://geolix.ai/. About Airwallex Airwallex is the AI-native financial operating system for modern businesses. It is building the future of global banking for a real-time, intelligent economy. It serves more than 675,000 businesses worldwide, either directly or through its platform customers. From startups to multinationals, its customers use Airwallex to manage their financial operations, or to build and monetize their own financial products. The company is co-headquartered in San Francisco and Singapore with over 2,300 employees across 27 offices. Learn more at https://www.airwallex.com/. Company: Geolix.ai Contact Person: Holland Sun Email: [email protected] Website: https://geolix.ai Telephone: +65 8741 5380 City: Singapore Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. Asia Pacific Herald do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Airwallex and ONE Store sign MOU to back Korean game dev expansion. Airwallex and ONE Store, South Korea's leading independent app marketplace, have signed a memorandum of understanding to explore a strategic partnership aimed at reducing the financial complexity facing Korean game developers and publishers as they expand into international markets. The agreement was signed on 15 October in Seoul, with senior representatives from both companies present. The partnership is framed around combining ONE Store's domestic gaming distribution network with Airwallex's cross-border payments infrastructure. Korean developers operating globally routinely encounter fragmented payment landscapes: differing platform fee structures, local payment method requirements and multiple acquiring relationships that add cost and operational overhead before a single player transaction is processed. The two companies say they intend to explore ways to address that friction, though specific products or integration terms have not yet been announced. The strategic logic. ONE Store occupies a distinctive position in the Korean app economy. As an independent marketplace it sits outside the Google Play and Apple App Store duopoly, and its expansion vehicle, ONE Store Global, signals an ambition to export that model. For Airwallex, the partnership extends its footprint in the gaming vertical, a sector where cross-border payment volumes are high, margin sensitivity is acute and the need to support multiple currencies and local payment methods is structural rather than incidental. Keun Bin Kim, head of Enterprise for South Korea at Airwallex, noted that Korean developers are building businesses for players around the world and said the partnership is intended to simplify global payment experiences as they reach new audiences. Henry Chang, chief executive of ONE Store, said that as Korean developers increasingly target global markets, working with Airwallex offers an opportunity to reduce the complexity of international payments and operations. Market context and regulatory backdrop. Airwallex holds more than 85 regulatory licences across North America, Europe, the Middle East and Asia-Pacific, which is a meaningful operational asset in a sector where payment acceptance in each new market typically requires a regulated local entity or a licensed partner. For game developers, that breadth matters: a title launching simultaneously in Japan, Germany and Brazil needs locally compliant payment acceptance in each territory, and managing that through a single provider reduces the compliance and treasury overhead considerably. The broader context is worth noting. South Korea is one of the world's largest games markets by revenue, and its developers, including globally recognised studios and a deep tier of mid-sized publishers, have accelerated international distribution following the domestic success of titles that have found audiences well beyond the peninsula. Payment infrastructure has historically been a bottleneck: Korean won settlement, hedging costs and the reconciliation burden of multi-currency revenue streams are recurring operational complaints in the sector. Competition in the cross-border payments space for gaming is active. Several specialist platforms and embedded-finance providers target game developers specifically, and the major global payment processors have built vertical products aimed at this segment. Airwallex's position is that its regulated infrastructure and multi-currency account architecture offer a more unified operating layer than assembling point solutions per market. Airwallex has also confirmed it will participate in G-STAR, the Korean games industry trade event scheduled for November, where it plans to engage directly with developers and publishers on the practicalities of global expansion. That appearance will be the first tangible public test of how commercially developed the partnership is beyond the MOU stage. The MOU represents an intent to explore rather than a concluded commercial agreement, and the announcement contains no committed product roadmap, revenue targets or implementation timeline. Readers should treat the current announcement as a statement of direction. AI level 1 of 5: written by Darlyn Ho; AI helped with tone, structure or wording; edited and signed off by Mark Walker, Editorial Director. What the levels mean