Posts From Fintech News Singapore
SoftServe to Showcase Generative AI Innovations at Money20/20 Asia
SoftServe, a global IT consulting and digital services firm, is set to present its latest generative AI (Gen AI) technologies at the upcoming Money20/20 Asia conference. The event, scheduled for 23-25 April in Bangkok, Thailand, will highlight innovative applications of
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Nium Appoints Alexandra Johnson as Chief Payments Officer
Nium, a real-time cross-border payments platform, has appointed Alexandra Johnson as its first Chief Payments Officer. This strategic addition aims to strengthen the company’s global banking and payment operations. Johnson will lead Nium’s efforts across various markets, focusing on strategy,
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Mastercard Launches Mobile App for Adding Virtual Cards to Digital Wallets
Payments giant Mastercard has launched a new mobile app that allows virtual commercial cards to be added directly to digital wallets, enhancing contactless payment solutions for businesses. This app is a development aimed at providing financial institutions with more options
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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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