Archive

Revolut to Launch in Singapore

Revolut, a London-headquartered neo-bank, is about to launch in Singapore as the company started letting users join the waiting list to get early access. Revolut, which currently serves some 800,000 customers across Europe, announced plans to expand to the US,

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UOB’s Latest Partnerships Reveal the Bank’s Strategy to Stay Relevant

An e-wallet and an artificial intelligence solutions company combines with a traditional bank. United Overseas Bank Limited (UOB) is recently attempting to keep abreast of current banking trends by striking relationships with more agile fintech companies. It has been said

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Contactless Technology Powered 50 % of Purchases at 2018 FIFA World Cup Russia

Visa the Official Payment Services Partner of FIFA, released an analysis of spending inside the 2018 FIFA World Cup Russia stadiums from the opening match on June 14 through the semi-finals on July 11. The data highlights the increased consumer adoption of innovative

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Oracle Allows Enterprises to Build Blockchain Applications with New Cloud Service

Oracle, a software provider for enterprises mainly known for its cloud-based services, continues the process of bringing blockchain out of cryptocurrency and now offers it to businesses to, in part, secure transactions, and track goods through global supply chains. Oracle

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Bank Of Asia Launches Fully Digital Offshore Banking From a Tax Haven

Bank of Asia, a fully digital cross-border bank, will be having its official launch in the British Virgin Islands after being awarded the only banking license in the territory within two decades by the British Virgin Islands Financial Services Commission.

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OJK: Fintech Hub Launch Will Grow Indonesia’s Fintech Ecosystem

The Financial Services Authority (OJK) will be launching a fintech centre sometime in August as part of their efforts to grow the fintech ecosystem in Indonesia, as well as drive innovations in the field. Indonesia’s Swelling Fintech Sector OJK’s head of

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Next-Generation Logistics Hub, Toll City in Singapore

Toll Group, the Asia Pacific region ’s provider of transport and logistics, and part of Japan Post, officially opens Toll City – a S$228 million, next-generation logistics hub, spanning over one million square feet – the size of 15 football

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A Singapore Robo Advisor Got a New Strategic Investment

8I Holdings announces a strategic investment in AutoWealth, a licensed regional robo-advisor that automates investing and provides comprehensive investment portfolio rebalancing and management for retail investors. The investment in AutoWealth is part of 8IH’s strategy to increase its product offerings

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Singaporeans Crave A Digital Nomad Life, But Worry If They Can Migrate Overseas

A new study revealed that 7 in 10 Singaporeans (69%) want to work remotely to travel the world. This is especially true of younger Singaporeans, where up to 74% of 15–34-year-olds have the same dream. However, they aren’t sure about which countries

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Blockchain to Improve Trade Finance

Trade finance, where financial institutions provide credit facilities in order to guarantee exchange of goods, is a centuries old industry that is hampered by challenges such poor customer experience, increasing cost pressure and substantial regulatory burden. With its manual, cumbersome

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