AI

SGInnovate Announces 3 More Investments as Part of its Deep Tech Strategy

SGInnovate just announced that they have invested into three deep tech startups: Horizon Quantum Computing, Involt and Portcast.  The announcement was made on the second anniversary of SGInnovate’s founding and one year after the announcement of its Deep Tech Nexus

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Ping An Group Brings Their SME Tech Solution, OneConnect to Singapore

Ping An, a well-known China-based insurance group officially launches OneConnect in Singapore this month, a SaaS platform providing higher-tier tech to SMES, in the fields of blockchain and a few AI innovations like facial recognition, cloud platforms, biometrics, voice print,

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APIX, a Global Marketplace for Cross-Border Fintech Services Officially Hits The Market

The often spoken about APIX has finally come to fruition, something the Monetary Authority of Singapore has been quite vocal about. It was launched following Narendra Modi’s keynote speech at the Singapore Fintech Festival, said to be one of the

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Singapore Uses AI to Give SMEs Access to International Trade Opportunities

The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) are partnering with six private sector partners to create a Proof of Concept hybrid business data and digital solutions hub. The initiative will leverage on Artificial Intelligence (AI)

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GTR Ventures Signed 3 Separate Fintech Deals at Singapore Fintech Festival

GTR Ventures, an investment and venture-building platform that specialises in trade and supply chain has announced three new deals with Lucidity, iLoan, and RM-Tech, each a company hailing from a different Asian region. These three investments for GTR Ventures represents

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MAS Unveils FEAT Principles to Promote Responsible Use of AI and Data Analytics

The Monetary Authority of Singapore (MAS) has released a set of principles to promote fairness, ethics, accountability and transparency (FEAT) in the use of artificial intelligence (AI) and data analytics in finance. Known as the FEAT Principles, the document provides

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UOB & Intel Want to Use Artificial Intelligence to Combat International Money Laundering

United Overseas Bank (UOB) today announced it  collaborated with Intel to test how federated advanced data analytics can enhance cross-border anti-money laundering (AML) efforts. The project was co-funded by the MAS’ Artificial Intelligence and Data Analytics (AIDA) Grant under the

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16 Innovative Swiss Companies You’ll Meet at Singapore Fintech Festival 2018

One wouldn’t usually associate Switzerland and Singapore in the realms of fintech, but both worlds are colliding at the Singapore Fintech Festival. From 12th-14th November 2018, the Swiss Pavilion in the Singapore Fintech Festival this year will be hosting a

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Is Virtual Reality The Future Of Gaming?

The gaming industry is growing at an extraordinary, exponential rate. From just shy of $140bn in 2018, should the trend line continue to grow at the same rate, the industry should be worth over $180bn by 2021. It is not

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Accelerators Aren’t Helping Fintechs, So DBS Banks On Problem Matchmaking Instead

In DBS Bank’s quest to keep up with the ever-evolving fintech trends and stay ahead of its banking contemporaries, they have launched a programme that would play matchmaker between them or their corporate clients’ fintech problems with the right startups

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