Posts From Fintech News Singapore
Top 5 Most Promising AI Companies in Asia According to CB Insights
Market intelligence platform CB Insights has released its selection of this year’s 100 most promising artificial intelligence (AI) companies, from this list we filtered the top AI companies in Asia. These companies, which were picked based on CB Insights datasets
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Thai PM Launches Digital Wallet to Disburse US$14 Billion in Q4 Economic Stimulus
Prime Minister Srettha Thavisin has officially launched a new digital wallet scheme in Thailand aimed at benefiting approximately 50 million citizens to energise the country’s economy. Initial reports indicated that the launch would be in May. According to Thailand Business
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Singapore Pledges S$35 Million in Sustainable Finance Skills Development
The Monetary Authority of Singapore (MAS), in collaboration with the Institute of Banking and Finance (IBF) and Workforce Singapore (WSG), has launched the Sustainable Finance Jobs Transformation Map (JTM). This initiative outlines the necessary skills updates for the local financial
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Financial Sector Dominates LinkedIn’s ‘Best Workplaces’ in Singapore
LinkedIn has released its Top Companies list for 2024, identifying the 15 best workplaces for career growth in Singapore. Financial institutions dominate this year’s rankings, emphasizing the sector’s focus on employee experience and adaptability in integrating artificial intelligence. The analysis,
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iCapital Marketplace Debuts in Singapore and Hong Kong
iCapital, a global fintech firm, has introduced its iCapital Marketplace in Hong Kong and Singapore. This platform is designed to streamline access to a diverse range of alternative investments for wealth managers and advisors. By utilising the company’s proprietary technology,
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Fintech Sees Growth Amidst Declining Declining Private Equity Activities in APAC
The Asia-Pacific (APAC) private equity (PE) market faced significant challenges in 2023 due to concerns about slowing economic growth, rising interest rates and ongoing geopolitical tensions, Bain & Company’s latest report, the Asia-Pacific Private Equity Report 2024, says. The report,
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Crypto.com Plans ‘Thoughtful’ Hiring After Laying off 20% of Workforce Last Year
Crypto.com’s CEO Kris Marszalek outlined the digital-asset exchange’s plans to expand its workforce, in a recent Bloomberg interview. This comes after a period of downsizing in early 2023, where the company cut 20% of its staff following a downturn in
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Mckinsey: Generative AI to Transform Risk Management in The Next 5 Years
Generative artificial intelligence (AI), also known as gen AI, is expected to significantly impact risk management over the next five years, allowing financial institutions to automate tasks, accelerate processes and improve efficiencies. But in order to leverage the benefits of
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5 Key Drivers Behind Thailand’s Fintech Growth
Fintech Thailand is poised for significant growth and development in areas including digital banking, open finance, and startup support. Digital banking is on the horizon, with the first digital banking licenses slated to be issued by mid-2025 and expected to
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FinbotsAI Expands Footprint to Myanmar via KBZ Bank Partnership
FinbotsAI, a Singapore-based fintech company specialising in AI credit scoring, has partnered with KBZ Bank, one of Myanmar’s largest privately-owned bank. This marks KBZ Bank as its first client in the country. KBZ Bank operates over 500 branches and serves
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