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The Commercial UAV Show Asia: Is Asia Ready for Commercial Drones to Take Flight?
With their increasing popularity and affordability in civil industries, UAVs or drones are increasingly taking off for commercial missions. How can businesses effectively adopt these unmanned aerial vehicles to save money, time and lives? What will be the best way
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MAS Proposes New Rulings, Launches Fintech Innovation Lab to Boost Financial Innovation
Singapore’s central bank and financial regulator, the Monetary Authority of Singapore (MAS), has made several announcements this week, launching a set of new initiatives intended to bolster financial innovation and support its ambition as becoming a fintech leader. “An electronic
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Leader in Global Fintech Investments: China
Asia-Pacific nearly doubles 2015 fintech financing in first half of 2016 reaching almost $10 billion; growth driven by China Investments in Asia-Pacific financial technology (fintech) ventures, primarily in China, reached $9.62 billion as of July 31, more than twice the
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SBI Ripple Asia Announces Japanese Bank Consortium
SBI Holdings and its subsidiary SBI Ripple Asia have decided to launch a consortium. SBI Ripple Asia is a provider in Asia of next-generation settlement platforms based on distributed financial technology. The consortium will be called the Consortium for Considering
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MAS Proposes New Regulatory Framework and Governance Model for Payments
The Monetary Authority of Singapore (MAS) released a consultation paper on proposed changes to the payments regulatory framework and establishment of a National Payments Council. Proposed Activity-Based Payments Framework Singapore’s payment regulations currently cut across two pieces of legislation: the
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Singapore Payment Company Raises US$4.5M in Series B Round
Funds To Drive Product Development of Key Offerings – Xaavan, MatchCab, ffastpay and MC Payment MC Payment, a financial technology and business solutions provider based in Singapore, has raised S$6 million (US$4.5 million) in a Series B round. The funds
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ADYEN Expands Its Presence In APAC: New Singapore Office and The Partnership with Grab
New Office in Singapore Adyen today announced its continued commitment to businesses in the region with the expansion and move to a new Singapore office. The office in Singapore will provide modern end-to-end payment infrastructure for global companies including Southeast
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MAS Establishes FinTech Innovation Lab
The Monetary Authority of Singapore (MAS) today announced the opening of its FinTech Innovation Lab. The purpose-built facility, known as Looking Glass @ MAS (*), is located within the MAS Building. Looking Glass @ MAS will serve the following purposes:
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6 Fintech Startups From Ho Chi Minh City Vietnam to Watch
With a little over 30 players, Vietnam’s fintech startup scene is still quite small and yet, industry experts and observers are confident of the sector’s tremendous potential given the country’s massive Millennial population and high Internet and mobile phone penetration
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6 Insurtech Startups From Asia to Watch
In Asia, interest in insurtech grows as industry experts and observers perceive the region’s fast-growing economies and underinsured population as an untapped opportunity. While insurtech in Asia is still in its infancy, the sector is growing fast and attracting venture
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