Archive
Singapore and Abu Dhabi Collaborate to Foster FinTech Innovation and Cross-Border Activities
The Monetary Authority of Singapore (MAS) and Abu Dhabi Global Market (ADGM) signed a Cooperation Agreement (CA) to foster closer cooperation on developments and initiatives that nurture FinTech entrepreneurship and support innovation in financial services in both Singapore and Abu
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Deep Learning in Finance Summit Comes to Singapore to Discuss Emerging Trends and Opportunities
Technologies such as big data analytics, neural networks, evolutionary algorithms, and machine learning have revolutionized financial services over the past 20 years. Now, fintech is on the verge of a truly revolutionary moment with the integration of artificial intelligence and
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First Global Fintech Fund for the Underserved, $141 Million
Accion and Quona Capital announced the final close of the Accion Frontier Inclusion Fund, the world’s first global fintech fund for the underserved. The oversubscribed Fund represents $141M in commitments from an array of leading institutional investors including global insurance
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Asia’s First Robotics Summit Comes to Singapore / Robotic and AI Infographic
The robotics market is undergoing a major transformation. Robots are growing beyond the industrial sector and beginning to assume the roles of personal assistants, surgical assistants, delivery vehicles, and autonomous vehicles, among many others. Until now, industrial robots have accounted
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OCBC Bank is First Bank in Southeast Asia to Pilot Robo-Advisory Service
OCBC Bank claims to be the first bank in Southeast Asia to pilot a robo-advisory service. Time starved investors will be able to invest in diversified portfolios of stocks and ETFs, using automated, algorithm based portfolio management advice. The platform
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Startupbootcamp Reveals 12 FinTech Startups for Singapore Programme
Startupbootcamp FinTech, a leading accelerator focused on financial innovation, has announced the 12 international startups selected to join its Singapore programme. The finalists, which include teams from across Asia-Pacific and beyond, have been chosen by a panel of industry experts
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PayPal Incubator’s First Batch of Startups, This Are The 3 Fintech Graduates
After nine months with Paypal Incubator, the inaugural batch of Singapore 3 startups have graduated. PayPal launched its first startup incubation program in Singapore in July 2016. The nine-month program aims to develop and nurture the next generation of
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Azimo Updates Remit Service, Adding Instant Bank Transfers to Existing Lightning-Fast Philippines Service
Azimo, the digital money transfer service operating in Europe, announced a complete overhaul of money transfer services to the Philippines, with a lightning fast instant service via bank transfer. BDO Remit, the remittance service of the Philippines’ largest bank BDO
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47 Japanese Banks Move Towards Commercial Phase Using Ripple
SBI Ripple Asia announced today that a consortium of 47 banks have successfully completed a pilot implementation of Ripple in Japan using a cloud-based payments platform. This platform, RC Cloud, is powered by Ripple’s solution and is the first in
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Funding Societies Launches FS Bolt – Claims to Be Fastest Working Capital Loan Provider in Singapore
Funding Societies, Singapore’s digital lending startup, has announced the launch of FS Bolt – a mobile application to provide flexible working capital loans for local SMEs. With minimal document submission and an application process that takes merely two minutes to
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