Posts From Fintechnews Singapore

New Report Explores Singapore and London Strengths and Challenges as Fintech Hubs

Though Singapore and London have all the key elements to enable the emergence of thriving fintech ecosystems, challenges remain for the two locations which shouldn’t be undermined, including the need to collaborate. In a new international research report titled Fintech

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Thailand Accelerates Mobile Payments Adoption

Like its ASEAN counterparts, Thailand is pushing for greater of adoption of mobile payments with industry participants, including government agencies, financial institutions and fintech companies, all actively working towards increasing awareness and accelerating adoption. Payments is the largest fintech segment

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5 of Indonesia Fintech’s Biggest Funding Rounds of 2018

DailySocial Indonesia recently released a report about their findings on the Indonesian fintech scene, recently notable with the rise of peer-to-peer (P2P) lending. Between December 2017 to November 2018, DailySocial observed at least 14 disclosed funding for fintech startups, noting

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10 Takeaways from the Fintech Ecosystem Playbook

In the recently released Fintech Ecosystem Playbook, EY gives a panoramic view of the fintech ecosystem in 26 fintech hubs in emerging markets across six clusters, namely ASEAN, Latin America, Central, Eastern and Southeastern Europe and Central Asia (CESA), the

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Facebook Reportedly Developing Crypto Stablecoin Targeting India’s Remittance

Facebook is reportedly working on a cryptocurrency for global payments on its WhatsApp messaging app. The project will first focus on the Indian remittances market, people familiar with the matter told Bloomberg. Facebook is developing a stablecoin, a cryptocurrency pegged

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Singapore Life Gains SG$27.3 Mil Investment to Fund Their Southeast Asian Expansion

Singapore Life received a US$20 million (SG$27.26 million) from New York Stock Exchange listed company Aflac. Aflac’s operating subsidiary—American Family Life Assurance Company of Columbus, will also enter into a reinsurance agreement on certain protection products with Singapore Life. The

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Razer’s New South East Asia HQ and Fintech Gameplan

Razer, a lifestyle brand for gamers with a recent foray into fintech, announced its plan for a long-term lease of a new location for its Southeast Asia headquarters based in the technology and media hub of Singapore. The company anticipates

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The Surprising Trend for Business in 2019

Big business is getting smaller. It is all over the financial columns of the world at present. Businesses that rely on big stores with the associated expenses of large premises are suffering. Rents and rates are going up and customer

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Top 10 Thailand Fintech Influencers

Fintech has witnessed significant growth in Thailand supported by an active ecosystem of startups, financial institutions and government agencies all pushing for digitalization and innovation in the banking and financial services industry. In particular, it is the Bank of Thailand,

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Apple Pay Now Available on Singtel’s Mobile Wallet, Dash

Singtel’s Dash users can now make payments using Apple Pay at millions of participating online and offline merchants. This integration is made available thanks to a deepened relationship between Singtel and Wirecard a digital payments company. The inclusion of Dash

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