Archive
New Fintech Startup Issues MasterCard for Migrant Workers from the Philippines, India, Nepal and Sri Lanka
One of the biggest expenses for migrant workers is the cost of sending money to their family abroad. Migrant workers are often taken advantage of by banks and other financial institutions where they are charged high fees and offered limited
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Financial Institutions Have These 3 Fears Of Artificial Intelligence
The Monetary Authority of Singapore (MAS) ordered BSI Bank Singapore to shut down recently on 24 May 2016. This serious action is due to their compliance oversight in money laundering which resulted in a criminal case. This is also a
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Human Touch In Digital Disruption
Technology evolves quickly, and it changes our way of life faster than appreciated. Hence, it is of value to us to study comprehensive materials by large organizations which surveyed the changing landscape. Citibank had recently released a worldwide study on
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3 Asian Insuretech Disrupt Specific Segments Of Insurance
Disrupting Individual Insurance Segments We have seen how technology had disrupted traditional business. The most classic example is when Grab entered the taxi industry caused many traditional taxi drivers to either use its service or content with less bookings. This
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Fintech and Blockchain Struggle to Take Off in Vietnam
Next week, BlockFin Asia in collaboration with Viet Youth Entrepreneurs, will bring together regulators, bankers, investors and fintech experts to discuss the future of finance. The event, which will occur in Ho Chi Minh City (HCMC) on June 15 and
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7 Indonesian Fintech Startups to Watch
Indonesia’s Financial Services Authority (OJK) is preparing new rulings for Indonesian fintech companies which the authority plans to finalize by the end of the year. Chairman of Board of Commissioners of the OJF, Muliaman Hadad, said in April that the
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BitTitan Raises $15 Million in Series A Funding
BitTitan, the leader in cloud services enablement, today announced it closed a $15 million round of Series A financing led by TVC Capital, a San Diego-based growth equity firm focused on investments in enterprise software companies. The round also included participation
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IBM Unveils New Design Studio in Singapore to Create Cognitive-Driven Digital Experiences for Clients
Opening of IBM Studios Singapore IBM today announced the opening of IBM Studios Singapore, a new design center to help clients reinvent their business for the digital age and develop individualized experiences through a combination of cognitive capabilities and experience
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IBM invests to Accelerate Development and Commercialization of Disruptive Technologies in Asia
Close to 5,000 IBM Cognitive Solution Professionals across the region co-creating with clients to drive transformation New Watson Centre at Marina Bay to house IBM Garage Singapore and IBM Studios – Singapore In less than five years, disruptive technologies such
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Infographic: How Retail Banks Are Adapting to Fintech Disruption
Banks have ignored consumer demands for too long and their legacy infrastructure needs to be fixed thoroughly. The effect of disruption is very big across the banking sub-sectors, especially for retail banks. Retail banking segments such as lending, remittances and payments
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