Posts From Fintech News Singapore
YouTrip Integrates With Xero to Offer Cloud-Based Accounting for SMEs
YouBiz, the corporate card and finance management platform by Singapore’s neobank YouTrip, has partnered with cloud-based accounting software provider Xero. The partnership aims to equip local businesses and startups with more capabilities to manage their corporate expenses efficiently through the
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Endowus Empowers Underserved Groups to Reach Their Wealth Goals
Singapore’s digital wealth management platform Endowus has launched a community impact initiative to provide support to four main groups; not-for-profit organisations, women, gig workers, and tertiary students to enable them to reach their wealth and life goals. The Endowus Empower initiative
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MAS to Enhance Security Measures to Prevent Cross-Border Payment Scams
The Monetary Authority of Singapore (MAS) said that it is working actively to review and enhance the suite of anti-scam measures in light of the launch of the real-time cross-border retail payment linkages, in a written reply to a parliamentary
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What Fintechs Should Know About Central Bank Digital Currencies
Are you a bank or a non-bank fintech? With 11 countries already having launched their own Central Bank Digital Currencies (CBDCs) and more than 100 countries in the process of developing one, payment players are taking notice. OpenWay sheds light
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FOMO Pay Now a Member of Singapore Clearing House Association
Major payments institution licensee FOMO Pay announced that it is now officially a member of the Singapore Clearing House Association (SCHA). The SCHA is an association formed in December 1980 to establish, manage and administer clearing services and facilities for
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Omdia Ranks Backbase as Leader in Digital Banking Platform Report
Digital banking software provider Backbase has been ranked as a leader in a report this year by Omdia, a London-based independent analyst and consultancy firm. The “Omdia Universe: Digital Banking Platforms, 2023” report recommends Backbase as a candidate in all
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Australian Central Bank Set to Launch CBDC Live Pilot in a Few Months
The Reserve Bank of Australia (RBA) will be launching its live central bank digital currency (CBDC) pilot in the next few months. The central bank has been collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project
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Tazapay Offers Open Banking Payments in Europe Through Volt Tie-up
Singapore-based cross-border payments firm Tazapay has partnered with real-time payments gateway Volt to add open banking to its growing stack of payment offerings. This is in line with its plans to accelerate its international growth across the UK and Europe.
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Thought Machine Goes on Hiring Spree Amidst Massive Tech Layoffs
Thought Machine, a cloud-native banking technology company, will increase its global headcount by more than 20% in 2023 by hiring in India, Japan and South Africa. As part of the next phase of its expansion plans, Thought Machine said that
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Wise Revamps With New Look and Features, Onboards 100K Users Weekly
Online money transfer service Wise has unveiled its complete visual makeover and rolled out new features on its app which now has 16 million customers worldwide. The Wise app now features a fresh green palette and a bold new font
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