Posts From Fintechnews Singapore

Oracle Allows Enterprises to Build Blockchain Applications with New Cloud Service

Oracle, a software provider for enterprises mainly known for its cloud-based services, continues the process of bringing blockchain out of cryptocurrency and now offers it to businesses to, in part, secure transactions, and track goods through global supply chains. Oracle

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Bank Of Asia Launches Fully Digital Offshore Banking From a Tax Haven

Bank of Asia, a fully digital cross-border bank, will be having its official launch in the British Virgin Islands after being awarded the only banking license in the territory within two decades by the British Virgin Islands Financial Services Commission.

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OJK: Fintech Hub Launch Will Grow Indonesia’s Fintech Ecosystem

The Financial Services Authority (OJK) will be launching a fintech centre sometime in August as part of their efforts to grow the fintech ecosystem in Indonesia, as well as drive innovations in the field. Indonesia’s Swelling Fintech Sector OJK’s head of

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Singaporeans Crave A Digital Nomad Life, But Worry If They Can Migrate Overseas

A new study revealed that 7 in 10 Singaporeans (69%) want to work remotely to travel the world. This is especially true of younger Singaporeans, where up to 74% of 15–34-year-olds have the same dream. However, they aren’t sure about which countries

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Blockchain to Improve Trade Finance

Trade finance, where financial institutions provide credit facilities in order to guarantee exchange of goods, is a centuries old industry that is hampered by challenges such poor customer experience, increasing cost pressure and substantial regulatory burden. With its manual, cumbersome

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German Accelerator Southeast Asia and Entreprise Singapore Collaboration

German Accelerator Southeast Asia (GASEA) is collaborating with Enterprise Singapore to build a two-way partnership that will facilitate the launchpad for statups, including fintechs, in both these countries. This builds on the memorandum of understanding (MoU) signed by both parties at

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5 Cool Upcoming Unconferences and BarCamps in Asia

An unconference is a participant-driven meeting, structured and led by the people attending it. Instead of passive listening, attendees and organizers are encouraged to present or facilitate a session or otherwise contribute to the event, becoming active participants. At an

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12 Blockchain Events to Attend in the 2nd Half of 2018

Technologists and business leaders have recognized the tremendous disruptive potential in blockchain technology, which can be used in a myriad of areas. Public and private sector organizations, for instance, might use it to share information selectively and securely with others,

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Fintech in Singapore: H1 2018 in Review

Singapore, the hub for fintech in Southeast Asia, has witnessed considerable development in the space in recent years, fueled by regulatory support from the government, a large pool of major banks looking to partner with fintechs, and a myriad of

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soCash Expands Cardless Withdrawal Service

Local fintech company soCash is tying up with grocery retailer HAO Mart to provide cardless cash withdrawals at HAO Mart’s 40 stores within the city state. This follows soCash’s series of tie ups with the likes DBS, POSB, and Standard

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