Posts From Fintech News Singapore
Serene Sia Takes Helm as Singapore Country Director at Google Cloud Amid Its AI Push
Google Cloud has appointed Serene Sia as the new Country Director for its Singapore operations. Sia’s role will focus on leading the company’s go-to-market strategy and operations, including consulting, sales, and managing the partner ecosystem. She will also collaborate with
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Mastercard and Feedzai Join Forces to Combat Rising Crypto Exchange Fraud
Feedzai, a financial crime and risk management solution provider, has joined forces with Mastercard to enhance crypto fraud protection. This collaboration aims to mitigate the risk of account-to-account fraud involving cryptocurrency exchanges. Recent data reveals that approximately 40% of scam
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Maybank Group Unveils Islamic Wealth Management Hub in Singapore
Maybank Group has officially launched its Islamic Wealth Management (IWM) regional offshore hub in Singapore. This marks a significant expansion of the group’s Islamic wealth services, which previously operated primarily in Malaysia and Indonesia. Maybank Singapore claims that it is
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McKinsey Wealthtech in APAC Report: 2.25 Trillion Valuation by 2027
In Asia-Pacific (APAC), the nascent wealthtech sector is poised to witness strong growth, a rise which will be driven by technological advancements, the region’s increasing wealth as well as its large affluent segment which has so far remained largely untapped
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B2B Payments Firm PayMate Expands Reach to Singapore, Australia, and Malaysia
PayMate, a Mumbai-based digital business-to-business (B2B) payments company, announced its expansion into Singapore, Australia, and Malaysia. Within less than a year, PayMate has established subsidiaries in the Asia Pacific (APAC) and Central and Eastern Europe, Middle East, and Africa (CEMEA)
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Bank Saqu Launches in Indonesia as WeLab’s Second Digital Bank in Asia
Hong Kong’s WeLab, in collaboration with Astra Financial, has launched Bank Saqu in Indonesia, marking its second digital banking venture in Asia. This new digital banking platform, operated by PT Bank Jasa Jakarta (BJJ), a joint venture between the two
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Cambodia’s Sathapana Bank Taps OpenWay for Credit Card Launch
Cambodia’s Sathapana Bank has launched new Mastercard credit cards following its successful migration to the Way4 digital payment software platform, a move that consolidates various payment systems into a single infrastructure. Powered by payments software provider OpenWay, this move enhances
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Instant P2P Fund Transfers Now Enabled Between Singapore and Malaysia
The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have unveiled a new real-time payment linkage connecting Singapore’s PayNow and Malaysia’s DuitNow. This facilitates instant person-to-person (P2P) cross-border fund transfers, allowing users to transfer funds between the two
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Ravi Menon, Perry Warjiyo Unveil Singapore-Indonesia QR Code Linkage
Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) have inaugurated a cross-border QR payment linkage connecting both countries. The linkage was introduced at the Singapore Fintech Festival 2023 by BI Governor Perry Warjiyo and MAS Managing Director Ravi
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Entrust Report Highlights Shifting Consumer Trends in Banking and Payment Tech
The Entrust Cybersecurity Institute has recently published the Digital-First Banking report, which is a comprehensive analysis of the evolving preferences and attitudes towards digital banking. Financial services’ cybersecurity specialists Entrust has the Cybersecurity Institute research house to curate insights for
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