Archive
MAS Issues “Regulatory Sandbox” Guidelines for FinTech Experiments
The Monetary Authority of Singapore (MAS) published its “regulatory sandbox” guidelines to encourage and enable experimentation of solutions that utilise technology innovatively to deliver financial products or services. The guidelines incorporate feedback from the public consultation as well as learning
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Lykke Exchange Got Licensed to Provide Financial Services in Asia and Africa
Swiss-headquartered fintech firm Lykke announced the establishment of Lykke Vanuatu (lykke.vu), a new licensed entity. The Vanuatu Financial Services Commission (VFSC) has approved Lykke Vanuatu as a Dealer in Securities. Lykke Vanuatu will provide access to Lykke Exchange for
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NTT DATA Launches The Open Innovation Business Contest
NTT DATA, an IT service provider, announced today that it will host preliminary contests in 10 locations worldwide with its fourth stop in Singapore on the 22nd of February, to attract ideas for venture-business collaborations. Any startup is welcomed to
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Myanmar’s Yangon Stock Exchange to Establish Blockchain-based Stock Exchange
Daiwa Securities Group, a Tokyo-based securities brokerage, will be working with Myanmar’s Yangon Stock Exchange (YSX) to establish a Blockchain-based stock exchange by integrating Daiwa’s equity trading into the Yangon exchange platform. Daiwa and YSX are currently testing the Blockchain
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Singaporean Fintech Startup SoCash Seeks To Disrupt The Supply Chain Of Cash (with the Help of MAS)
SoCash, a Singapore-based fintech startup, has developed a solution that allows people to withdraw cash pretty much anywhere by turning small businesses into “Cashpoints.” The company aims at making cash circulation more efficient by deconstructing the expensive cash logistics supply
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IBM Helps FinTechs Drive New Innovation In Payments, Lending, Blockchain And Know Your Customer
Consumers and banks alike are increasingly turning to FinTechs for some of the most disruptive financial solutions in the market today. To support FinTechs worldwide, IBM today announced new developer tools, technology, training and programs to share financial services expertise.
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Singapore’s FinTech Journey – Where We Are, What Is Next
More than 11,000 participants from more than 50 countries attending one or more of the many events lined up over these five days of Singapore Fintech Festival. Remarks at Singapore FinTech Festival – FinTech Conference. Singapore Expo by Ravi Menon, Managing
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A New Home For Innovation At DBS
In my two years as the Chief Innovation Officer of DBS, I’ve worked on a number of initiatives meant to drive innovation. It’s been truly amazing but today is extra special. It gives me great pleasure to share we’ve opened
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ACTIVE.AI Raises USD 3 Million From Kalaari Capital & IDG Ventures India
Active.ai, a Singapore based fintech startup, using artificial intelligence (AI) to deliver virtual assistant banking services, announced today that it has raised $3 million in funding from IDG Ventures India and Kalaari Capital. This investment will support the rapid growth of
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MetLife Launches “Collab”: The Insurance Tech Accelerator
LumenLab, MetLife’s Singapore-based innovation centre, is pleased to announce today the launch of Collab – a three-month program that supports “product ready” start-ups as they tackle the business needs of tomorrow. Through this unique forum, insurtech start-ups can share their solution
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