Posts From Fintech News Singapore
MUFG Invests in Indian Cloud Lending Firm Lentra
MUFG Innovation Partners (MUIP), a corporate venture capital fund and a wholly owned subsidiary of Mitsubishi UFJ Financial Group (MUFG), has invested in Indian lending platform Lentra. The sum of the investment was undisclosed. MUIP co-invested with MUFG in Lentra
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Top 5 Trends Shaping E-Commerce in 2023
MRC, Cybersource and Verifi have released a new report that shares findings of a survey of global e-commerce merchants which. This study highlights the top trends in e-commerce in 2023. The study, which polled 1,000+ merchants involved in e-commerce in
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Revolut Enables Singapore Customers to Link With 6 Banks for In-App Top-Ups
Revolut, a global neobank with more than 28 million customers worldwide, announced that its Singapore customers will be able to link, and top-up directly from up to six different bank accounts within the app. This feature is enabled by electronic
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MAS Slaps DBS with S$1.6B Additional Cap Requirement Due to Consecutive Disruptions
The Monetary Authority of Singapore (MAS) has imposed an additional capital requirement on DBS Bank following two consecutive disruptions of its services in just over a month. Along with the additional capital requirement of S$930 million imposed on DBS in
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Fintech on the Rise in Kazakhstan Driven by Digital Payments and Super-Apps Adoption
In Kazakhstan, the fintech industry is growing at a fast pace, driven by rapid adoption of digital payments, ecosystem services and super-apps, among other digital financial services, a new report by Fintech Consult, MOST Ventures and RISE says. Moving forward,
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OCBC Expands Programme to Teach Digital Banking to Another 2000 Seniors
OCBC Bank announced that it will be expanding its Digital Silvers programme to upskill an additional 2,000 seniors with digital banking skills. The OCBC Digital Silvers is a one-on-one training programme for elderly customers aged 60 years and above to
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DBS PayLah! Users Redeemed More Than 1 Million Meal Subsidies in Less Than 3 Months
More than one million hawker meal subsidies have been redeemed by Singapore residents in less than three months since DBS rolled out its ‘5 Million Hawker Meals’ scheme. DBS offered cashbacks of up to SGD 3 to the first 100,000
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Crypto.com Pilots ChatGPT-Based AI Assistant ‘Amy’
Crypto.com announced that it will be piloting its first AI-powered user assistant Amy to help its users learn about the crypto industry with near real-time information about specific tokens and projects, as well as details on price listings and historical
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Safest Investment Option for Women Who Are Just Starting Out in Finance
Managing personal finances and making savings are crucial for achieving financial stability and security in life. It allows you to take control of your finances, plan for the future, and achieve your financial goals. Investing has become one of the
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The “Crisis as Usual” Era is Forcing Fintechs To Reinvent Their Business
The prolonged fallout from COVID-19, geopolitical tensions, and an unstable economic landscape plagued by rising inflation are creating the risk of a global recession, taking a toll on fintech companies by triggering a funding crunch while simultaneously driving up expenses.
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