Fintech News Singapore

7 Blockchain Projects and Startups Leading the Way in Singapore

In recent years, Singapore has emerged as a hotbed for blockchain and crypto innovation, fuelled by the supportive stance from

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Banks and Corporates Need to Rethink How They Approach Innovation—Again

Innovate or die. This is a common rallying cry in this era of Silicon Valley and agile tech startups, and

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InstaReM to Power Cross-Border Payments of Major Thai Bank

InstaReM, a digital cross–border money transfer company, has announced that it will now power cross–border payments for the clients of

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With SG$1.5 Mil Loaded for CNY, DBS Extends its QR-Backed Money Packets for Raya

Following the launch of its loadable QR-backed Ang Baos (red packets) earlier this year, DBS is now offering the same

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Louis Vuitton Launched a Blockchain for Luxury Goods in Ongoing Fight Against Counterfeits

ConsenSys and Microsoft just announced AURA, a blockchain platform that aims to offer the luxury industry with product tracking and

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The World Bank’s Blockchain-Based Bonds Can Now Be Traded on a Secondary Market

The World Bank and Commonwealth Bank (CBA) have banded together to enable secondary market trading on blockchain for its block-i

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Youtrip, a Multi-Currency Travel Wallet, Closed US$25.5 Mil in a Pre-Series A Funding

YouTrip, a multi-currency mobile wallet with a prepaid Mastercard, has successfully raised US$25.5 million in a pre-Series A. Participating investors

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Is Singapore Gunning to Be an Islamic Fintech Hub?

Singapore recently declared its intention to develop the ‘most advanced’ halal hub in Southeast Asia within the next two years.

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Tryb Group Invests into Filipino Insurance Marketplace Maria Health

Maria Health, a Filipino aggregator for health insurance, has secured an undisclosed amount of seed funding from the tryb group,

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A Look Back on Major Cryptocurrency Hacks Leading up to Binance

Another day, another cryptocurrency exchange hack. Recently the crypto world has been shaken by the Binance hack, that vanished approximately

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R3 and Wipro to Power Thailand’s Digital Currency, Project Inthathon

In what seems to be a streak of nations embracing central bank backed digital currencies (CDBC) and Wholesale CDBCs, Wipro

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Here’s How Insurtech is Tackling Singapore’s Ageing Problem

Let’s suppose you accidentally tore your ligament in the knee while exercising in the gym tomorrow. Do you know how

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Singapore is Now Considering Virtual Banking Licenses Too—Here’s Why

The now famous Hong Kong virtual banking licenses have been a bit of a mixed bag for the region, but nevertheless,

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India’s Now the Top Fintech Funding Hub in Asia, but It’s Too Soon to Celebrate

India, often considered Asia’s underdog tech advancements in Asia, is finally now the top fintech funding hub in the first

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5 Ways Banks in Singapore are Using Big Data

  Pop quiz: What is big data? Actually, don’t answer that. Everyone can easily recite the same quote: “It’s the

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Singapore and Canada Successfully Trials Cross Border Payments with Central Bank Backed Digital Currency

There’s a growing number of central banks taking a serious look at blockchain and distributed ledger technologies of late. The

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Nearly 50% of Singaporeans Prefer Contactless Payments

Close to 50 per cent of Singaporeans prefer paying with contactless payments (card and mobile) instead of cash, traditional card

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Singapore Welcomes STO Player to its Fintech Sandbox

The Monetary Authority of Singapore (MAS) has aspirations towards encouraging more fintech experimentation, and in November last year, launched a

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Singapore Airlines’ KrisFlyer Now Offers a Credit Card That Rewards You with Miles

UOB and KrisFlyer, Singapore Airlines mile reward program, announced the launch of the KrisFlyer UOB Credit Card. This is the

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Fintech is the Single Largest Sector in Cambodia’s Startup Scene

With 78% of the population unbanked, only 3% population owning a credit card, and 13% using mobile payment, a new

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RCBC Bank Pulls a Philippine Fintech Thought Leader to Chair Their Innovation Office

The song and dance for incumbents in Philippines right now is “future-proofing”. Joining the trend of entrenched establishments disrupting themselves

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Singapore’s NETS to Assist Myanmar in Implementing Universal QR Payment

The NETS Group today announced that it has signed a Memorandum of Understanding (MOU) with Myanmar’s national payment network to

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Philippines’ Ayala Corp Raising US$150-M Fund for Disruptive Early-Stage Startups

The Ayala Corporation, Philippines’ oldest conglomerate, is raising a new venture capital fund worth US$150 million, dedicated towards investing into

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Citi Enters Partnership with one of the Hottest Fintechs in Vietnam

Citi Treasury and Trade Solutions announced a strategic partnership with Vietnam-based intermediary payment service provider Payoo to facilitate consumer-to-business collections

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Huawei Bets on Singapore’s Artificial Intelligence with New AI Innovation Lab

Huawei held its Cloud Summit 2019, in which the company announced the launch of its Cloud & AI Innovation Lab

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Minister Thinks Singapore Needs to Stop Snubbing Seniors for Fintech Talent

Technology isn’t just changing the way businesses work, it is also impacting careers across all fields and disciplines. This is

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The First Stablecoin Pegged to the Philippine Peso is Launched to Facilitate Money Transfers

Bitspark, a bankless money transfer platform, has just launched what it claims to be the first market-ready cryptocurrency pegged to

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Flywire Joins The Growing Number of Financial Services Deploying Machine Learning

Flywire a payments firm announced that they are deploying machine learning capabilities into its payments platform. The enhancements are geared

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3 Lessons Other Insurers Should Learn from Ping An

Insurance companies have been slow to adapt to a digital-first approach. In an increasingly digital world, many insurers are put

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3 in 4 Banks in Asia Will Invest in Machine Learning This Year

The financial services industry is undergoing profound shifts facilitated by technologies including artificial intelligence (AI), robotics and the Internet of

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Popular Posts

The 10 Best Fintech Books To Have In Your Library

Top 10 Fintech Books While blogs and news portals will keep you up-to-date in terms of companies and corporate news,

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MAS: 100 FinTech Problems to Solve for Singapore

Solve this problem on the Singapore Hackcelerator and apply until August 15th here! 7 problem statements on KYC / Identity

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Landscape of Blockchain Companies in Financial Services

In November 2008, a paper was posted on the Internet under the name Satoshi Nakamoto titled ‘bitcoin: A Peer-to-Peer Electronic

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Singapore’s 30 Hottest Fintech Startups To Watch

Singapore’s vibrant startup ecosystem, supportive government, stable financial system and business-friendly tax regime, have helped turn the city-state into an

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The Hottest Fintech Companies in Singapore in 2017

Singapore has had quite an amazing year with regard to fintech. The city-state organized the world’s largest fintech event, a

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First Bank in SouthEast Asia To Use Blockchain Technology For Payment Services

OCBC Bank has become the first bank in Southeast Asia to use blockchain technology in its local and cross-border payment

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