Posts From Fintechnews Singapore

Malaysian Banking Industry Pushes Fintech Development

Banks in Malaysia are pushing fintech development as they seek to harness innovation and technology to improve the financial services. The trend is largely led by the Malaysian central bank, Bank Negara Malaysia (BNM), which has been deploying efforts to

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8 Cool Tools for Digital Nomads in Southeast Asia

An increasing number of people are escaping the traditional office and choosing to work as digital nomads. Most of these people are international freelancers, but many are also remote employees or startup entrepreneurs. While the prospect of a living a

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Cambodia’s Fintech Industry Set to Thrive

Cambodia’s fintech ecosystem is more nascent than other markets in Southeast Asia and lagging behind the likes of Thailand and the Philippines. Yet, this landscape is quickly changing as engaged institutional partners are set to add to the pace of

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Smartfolios: A new Online Advisory and Investment Platform from Singapore

Smartfolios is a Singapore-based online advisory and investment platform targeted at financial institutions that promises to deliver cheaper, more transparent and more convenient solutions to incumbents. Smartfolios has a simple mission: empower investors to reach their investment goals. Smartfolios’ value proposition is two-fold: on one

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8 Hot Neo and Challenger Banks in Asia

The collective customer base of the neo and challenger banks is expected to grow at a CAGR of 50.6% from 2017-2020, a growth that will be driven by factors such as favorable government regulations, convenience offered to consumers and higher

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6 Recent Singapore Fintech Fundings

In 2016, overall investment in Singapore-based fintech companies dropped by 69%, falling from US$605 million in 2015 to US$186 million in 2016, according to KPMG’s Pulse of Fintech report. “In 2016, we saw the Monetary Authority of Singapore (MAS) drive

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Second Investment from Tryb Capital: Eyes Fintech-Logistic Asian Infrastructure Bridge

tryb Capital aims to do strategic investments into growth stage technology companies and platforms that are transforming the infrastructure of financial services in ASEAN. They started in March 2016 and announced the first Fintech investment last November into Singapore based

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OCBC Bank Launches First A.I. Powered Home Renovation Loan Specialist Chat Bot

With more than 20,000 enquiries logged since its launch in January, OCBC Bank announced today the success of the first-of- its-kind specialised home and renovation loan chatbot service in Singapore. More than 10% of the chat sessions have been converted

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Blockchain to Bring Financial Inclusion, Provide Low-Cost Financial Services

Blockchain technology has the potential to bring financial inclusion to the world’s 2 billion unbanked by providing low-cost banking and financial services, reducing risk and enhancing financial innovation. Blockchain technology refers to a protocol that allows peer-to-peer transfer of assets

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The Hottest Digital Bank in Vietnam Just got Funding and a new Partner

Sun Life Vietnam Insurance Company Ltd. has entered into a 3-year partnership with Global Online Financial Solutions Ltd., the owner of Vietnam’s digital banking platform Timo. The partnership enables Timo to offer life and health insurance products and provide its customers

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