Archive

UOB’s Banking Services Now Available on Your Grab App

UOB and Grab have announced that Grab will begin offering a suite of UOB Cards solutions and privileges directly on Grab’s mobile app. This follows their earlier partnership announcement during the Singapore Fintech Festival last year For a start, consumers

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Blockchain in Trade Finance: Arguably the Hottest Banking Trend Right Now

In the journey to digitalizing trade, blockchain and distributed ledger technology (DLT) have emerged as powerful technologies promising to bring tremendous new opportunities for trade finance. At the 2018 Singapore Fintech Festival, experts discussed the many opportunities that blockchain brings

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Introducing the LINE Pay-Visa Co-Brand Credit Card

LINE Pay Corporation, operator of the popular smartphone digital wallet service LINE Pay, announced today plans to introduce in Japan the LINE Pay co-brand credit card in partnership with Visa, the global leader in payment solutions. The LINE Pay-Visa credit

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Revolut Enlists London-Based Regtech for Help in Complying With MAS’ Regulations

Revolut, a digital-only bank from the UK, announced that it has signed an agreement with ClauseMatch. Following a trial period, Revolut is adopting the regulatory technology also from London to streamline management of internal policies, controls and regulatory compliance—including the bank’s upcoming launch

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Commonwealth Bank’s Wealthtech App Gains Swiss Expertise from Additiv

In today’s digital world, investors increasingly demand to be able to stay abreast of market developments and manage their financial assets from their mobile devices. However, most financial institutions struggle with delivering this experience as they are tied up in

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Next-Generation Social Platform Humans.net Set to Expand Globally

Following a successful trial run in the U.S., Humans.net, a next-generation social platform empowered by innovative Internet technology and revolutionary user data sharing policy, is beginning its global rollout and aiming to land in Singapore. Launched in 2017, Humans.net is

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Serial Entrepreneurs Can Now Apply for Loans with OCBC Before Even Incorporating

OCBC Bank has officially launched a new business dedicated to supporting serial entrepreneurs as they establish and grow new businesses. The bank claims that this is the first offering of its kind for small businesses in Singapore. According to OCBC

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Bankers, Fintech Experts Gather in Vietnam to Discuss the Future of Banking

Earlier this month, bankers and fintech experts gathered in Vietnam to discuss the future of banking, the evolving payments landscape, and digitalization in the financial industry. Representatives of Deloitte, Asia Commercial Bank, Saigon Commercial Bank, Oracle, Fintechnews.sg and BankClub took

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Chief Innovation Officer, Neal Cross Bids Farewell to DBS Bank in Heartfelt Post

With a LinkedIn post, Neal Cross announces that he has ended his tenure as DBS Bank’s Chief Innovation Officer. He is considered thought leader in the innovation space, and is famous for evangelising fintech in Singapore before it congealed into a strong sector

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Monetary Authority of Singapore Halts ICO over Regulatory Breach

The Monetary Authority of Singapore (MAS) has warned an initial coin offering (ICO) issuer not to proceed with its securities token offering in Singapore until it can fully comply with regulatory requirements under the Securities and Futures Act (SFA). MAS

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