Archive

PH Remittance further widens Fintech Horizon

Once again, remittances from overseas Filipinos surpassed its year-on-year record, giving a wider horizon for financial technology (fintech). The Philippine central bank or Banko Sentral ng Pilipinas (BSP) announced last Thursday, February 15, that cash remittances of overseas Filipinos increased

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10 years Blockchain. The Race is on: Blockchain vs. Tangle vs. Hashgraph

In a few months we will join the chorus of well-wishers and collectively sing «Happy birthday, dear Blockchain!». Yes, indeed, on October 31st 2008 Satoshi Nakamoto published his famous white paper describing the Blockchain. So, the Blockchain will officially turn

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Top 5 Fintech Philippines News of the Week (CW 7)

Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week: Follow the Fintech Philippines Facebook or Twitter channel to stay updated. Here we go:   UnionBank embraces tech behind bitcoin in digital pivot If a

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8 Fintech Startups In The Philippines To Keep An Eye On This Year

The Philippines is believed to be an attractive market for the introduction of digital banking and fintech solutions, thanks to its young population, high Internet penetration rate, and yet low digital payments adoption. Numerous fintech players have entered the market

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OCBC Bank goes Facial Recognition for Premier Clients

NEC Asia Pacific and NEC Corporation announced the successful testing and roll-out of a facial recognition system at OCBC Bank’s Holland Village branch to identify Premier Banking customers. OCBC Bank is one of the first in Singapore’s banking sector to adopt such

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Dragon Coin’s Public Token Sale is Open

Dragon Inc., which is on track to drastically transform the high-stakes and the junket gambling marketplace through its blockchain-based solution, launched its Public Token Sale today. The sale is set to run for 30 days from February 15th until March

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Powerray, World’s First Underwater Drone Launched in Singapore

PowerVision, an AI robotics and technology company unveils the PowerRay, an innovative underwater robot with groundbreaking features to revolutionise recreational fishing enthusiasts and marine photography. Going beyond the catch for fishermen and the casual hobbyist, the consumer underwater drone redefines

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Singapore FinTech appoints former StanChart Singapore Chief Executive as Chairman

Singapore-based FinTech start-up, Minterest announces the appointment of Mr. Lim Cheng Teck as Chairman of the Board of Directors at Minterest. Mr. Lim retired as ASEAN Vice Chairman of Standard Chartered Bank in May 2017. He was with the bank for over 28 years

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Top 10 Fintech Accelerators In Southeast Asia And Hong Kong for 2018

In 2017, Asia Pacific attracted the largest amount of investment in fintech with a total of US$14.8 billion, according to a report by PwC and Startupbootcamp Fintech. The region represented 56% of the world’s total fintech funding, highlighting Asia’s growing

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Singapore Guidelines to Protect Users of Electronic Payments

The Monetary Authority of Singapore (MAS) today launched a public consultation on proposed guidelines to protect users of electronic payments (“e-payments”). The proposed E-payments User Protection Guidelines aim to encourage wider adoption of e-payments by setting standards on the responsibilities

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