Posts From Fintechnews Singapore

Remtech Providers In Asia You Need To Know

Remtech, the contraction of the words remittance and technology, refers to the use of digital channels and platforms for international money transfers. The increase in use of mobile phones and technology is providing an avenue for fintech developments in remittance.

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Upcoming Fintech Events in Malaysia

Fintech has become a hot topic in Malaysia, especially as the sector paves the way forward for innovations in financial services. The government has committed to provide clear guidance and regulation to new, innovative products and business models entering the

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Peer-to-Peer Lending in China, Hong Kong and Southeast Asia

Peer-to-peer (P2P) lending has become a global phenomenon. In Asia in particular, alternative financing has experienced an explosive growth. Asia’s large population of smartphone-savvy and unbanked makes it a prime market for alternative lenders. These leverage digital platforms and technology

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MyCash Online: A Malaysian Marketplace for Foreign Workers in Southeast Asia

Southeast Asian startup MyCash Online is an online marketplace designed for migrant workers in Malaysia and Singapore. It provides easy, secure and convenient services to the underbanked. MyCash Online offers an e-wallet service that allows users to reload phone credit,

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6 Notable Initial Coin Offering Campaigns and Blockchain Projects

An ICO is an unregulated means by which a new cryptocurrency venture or project can raise funds by selling newly minted crypto coins. The practice is often used by startups to bypass the rigorous and regulated capital-raising process required by

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Fintech News SG Roundup: Singaporean Startups Raise Money, New Incubation Program, and More

Home to over 200 banks whose total assets are estimated to be worth over S$2 trillion, Singapore is a leading international financial center and a serious contender for the global number one spot in fintech. Government support for fintech is

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Banks, Fintechs Gear Up for Myanmar’s Digital Revolution

As Myanmar undergoes a digital revolution, international banks and foreign investors are perceiving the country’s large pool of unbanked as a still untapped opportunity. The latest move comes from the National Bank of Canada which became a strategic shareholder in

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TransferWise Chooses Singapore as APAC Hub; Launches Service in the City-State

TransferWise, Europe’s leading money transfer service, is launching in Singapore where it is working with DBS Bank. The company has chosen the city-state as its Asia Pacific (APAC) hub and expects to have 30 employees by the end of 2017,

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Singapore Poised to Become a Hotbed for Insurtech in Asia

The insurance is on the brink of a major disruption and insurance companies are very much aware of that. According to a survey conducted by PwC, three in four insurers predict disruption of their business over the next five years.

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BC Card Signs Agreement with UTU to Bring Cross-Border Rewards to South Korea

UTU empowers shoppers to earn, redeem and convert rewards points through smartphones, in real time, at any UTU merchant outlet worldwide. UTU drives users, payment card schemes and card issuers to increase tourist and local spending at acquirers’ merchants and in

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