Posts From Fintech News Singapore
Max Chuard Steps Down as Temenos CEO
Banking software company Temenos announced that Max Chuard has decided to step down from his role as CEO and the search for a new CEO is under way. Chuard will remain in an advisory capacity to ensure a smooth transition.
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Prudential Singapore Gets Green Light From MAS for New Financial Advisory Arm
Prudential Singapore announced that it has received approval from the Monetary Authority of Singapore (MAS) to set up a new financial advisory firm. The company said in a statement that the new firm will offer a wider range of products and
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Citi Appoints Tibor Pandi as Singapore Country Officer
Citi announced that it has appointed Tibor Pandi as the Citi Country Officer (CCO) for Singapore from 1 February onwards. In his new role, Tibor will have oversight of all businesses and operations in the country and will be responsible for
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Crypto.com to Slash 20% Of Jobs Due to FTX Contagion
Crypto.com announced that it will be further reducing its global workforce by approximately 20% as it navigates “ongoing economic headwinds and unforeseeable industry events”. The recent layoffs were blamed on the collapse of now-bankrupt crypto exchange FTX which Crypto.com said
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IMF: Despite the Hype, Fintech Has Yet to Disrupt the Remittance Market
Despite enthusiasm surrounding the potential of fintech to disrupt the remittance market, evidence shows that there is a gap between the hype and the reality on the ground. In fact, and contrary to expectations, fintech companies are increasingly being entangled
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8 Tips to Manage Your Finances Before a Big Spending
Learning how to manage your spending, saving money, and managing debt, are all a part of your financial journey. During your journey, there might be “speed bumps” like a sudden change in income that you weren’t expecting. Additionally, you may
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Right Choice Capital Group Expands in Philippines; Acquires Local Rural Bank
Right Choice Capital Pte Ltd (Singapore) is continuing to execute its rapid business expansion strategy in the Philippines & Singapore markets with the addition of a licensed bank to its growing group of bank & financial services businesses. The company
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AIA’s Amplify Health Acquires AI Startup AiDA Technologies
Amplify Health, a healthtech joint venture between AIA Group and Discovery Group, has acquired Singapore-based AI solutions provider AiDA Technologies. AiDA was founded in 2016 by Dr Tan Geok Leng, Dr Shonali Krishnaswamy, and a team of data scientists from
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Singapore-Based Neobank Inypay Raising Funds Ahead of Mid-2023 Launch
Singapore-based Inypay announced that it will be launching its neobank, which has been in development for over 6 months, in Q2 2023. The key focus of Inypay will be micro-lending, remittances, domestic payments, e-wallets, personalised and communal savings as well
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How Gen-Zs Are Redefining Payments
Southeast Asia’s payment ecosystem is undergoing a profound transformation, fueled by rapid adoption of digital payments, modernization initiatives by governments and a burgeoning consumer base of mobile-first young adults with new habits and expectations, a new blog post by payment
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