Posts From Fintech News Singapore
Australia’s Alex Bank Taps Temenos to Roll Out Its Term Deposits Offering
Australia’s digital bank Alex has gone live with its fixed term deposits offering on banking software company Temenos‘ cloud platform. Temenos said that it had partnered with Alex Bank to design, test, and implement the new offering over less than
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Choco Up Partners Know Your Customer to Accelerate e-KYC for Capital Financing
Regtech provider Know Your Customer announced that it has partnered with Choco Up, a revenue-based financing platform with offices in Singapore and Hong Kong. Through this partnership, Choco Up will be able to streamline client verification and accelerate access to
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Ravi Menon to Continue as MAS’ Managing Director Contrary to Earlier Reports
The Monetary Authority of Singapore (MAS) has re-appointed Ravi Menon as its Managing Director despite earlier reports that he would be stepping down this year. Menon, who turns 59 this year, has served for 12 years at MAS. The official
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Validus Names Former Traveloka Exec Anshul Johri as Group CTO
Southeast Asian SME financing platform Validus announced the appointment of Anshul Johri as its Group Chief Technology Officer (CTO), effective 5 April 2023. Anshul brings over 17 years of technology expertise in driving growth and scale for startups and large
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NUS Partners LSEG to Strengthen Business Students’ Education, Research Skills
The London Stock Exchange Group (LSEG) will be collaborating with the National University of Singapore (NUS) Business School through its Workspace platform. Workspace provides students an enriched and interactive learning and teaching experience, and efficiently delivers expertly vetted, reliable, and
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Integra Partners Closes US$90M Fund Targeting Fintech, Insurtech Firms
Singapore-based early-stage venture fund Integra Partners announced the final close of its second fund, Integra Partners Fund II, which closed late last month at US$90 million. This brings the total committed capital managed by the firm to over US$140 million.
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Temenos and AWS Join Forces to Deliver Core Banking Solution as SaaS
Banking software company Temenos has expanded its relationship with Amazon Web Services (AWS) to offer its core banking solutions as Software-as-a-Service (SaaS). Running Temenos Banking Cloud composable banking services on AWS enables retail, commercial and private banks – incumbents and
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What Are The Biggest Challenges Stalling The Growth of Vietnam’s Startup Ecosystem?
Vietnam’s startup sector has grown tremendously over the past years, driven by increased venture capital (VC) activity, favorable government policies and a youthful and motivated community of entrepreneurs looking to bring the domestic startup sector to the next level. But
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UOB Has Over 7M Customers After Acquisition of Citi’s M’sia, Thai, Vietnam Retail Businesses
UOB has added another 15 branches to its network across Malaysia, Thailand and Vietnam, bringing the total number to over 200 following its acquisition of Citi’s consumer banking businesses in those three countries. This has pushed UOB’s retail customer base
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Singapore Passes MAS’ Bill on ‘COSMIC’ to Gather Info on “Red Flag” Customers
The Singapore parliament has passed the Monetary Authority of Singapore’s (MAS) bill to establish the COSMIC platform. COSMIC is a secure digital platform for financial institutions to share with one another, information on customers who exhibit multiple “red flags” that
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