Archive

Ripple was the Hottest Product in 2018; eToro’s 2018 Year-end Summary and Outlook

Some claim that 2018 was the worst investment year in recent times. It was full of market volatility and economic downturns, and many investors now look back with regret at profits that were wiped out, or chances that were lost.

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Grab Works with China’s Insurtech Giant to Offer Insurance by Mid 2019

Grab announced that it’s partnering up with ZhongAn, one of the biggest insurtech drivers in China, to establish a joint venture company for the digital insurance distribution business in Southeast Asia. The goal is to deliver a digital insurance marketplace for products

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UnionBank Launches First Fully Digital Bank Branch in the Philippines

The UnionBank of the Philippines launched its first fully digital branch. The branch, called The Ark, completely transforms the customer experience, making that experience entirely digital, including internet-connected self-service kiosks and virtual reality boxes. Unlike traditional bank branches, The Ark

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How DBS and OCBC Global Leadership Shows Singapore’s Success in Open Banking

Singapore’s DBS Bank and OCBC are regional leaders in fintech and pioneers in open banking according reports from Accenture and Innopay Open Banking Monitor. The positioning of these banks gives us a good sense of where Singapore stands in the global

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In Yet Another Funding Round This Month, Singapore Life Raises US$ 13 Million

Insurtech firm Singapore Life has received a US$ 13 Million investment from Aberdeen Standard Investment. This makes it the second round of capital injection Singapore Life has received this month alone. Singapore Life has previously received a total sum of

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MAS Sets Aside SGD$75 M to Position Singapore as Asia’s Centre for Capital Raising

The Monetary Authority of Singapore (MAS) will launch a new S$75 million Grant for Equity Market Singapore (GEMS) next month Mr Heng Swee Keat, Minister for Finance and MAS Board Member, highlighted Singapore’s vision to serve as Asia’s centre for

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What Does the New Payment Services Act Mean for Singapore?

 The Payment Services Bill which has recently been passed into law by the Parliament is part of the Monetary Authority of Singapore’s bid to create a regulatory framework that is more conducive for innovation in payment services. This follows their

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8 Regulations That Could Shape Fintech in Asia This Year

Asia Pacific regions are somewhat disjointed when it comes to banking and fintech-related regulations, with countries like China moving towards more region-specific and refined rules, while countries like Thailand and Indonesia are still trying to introduce basic, yet important regulations to help

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Vietnamese Banks Ramp up Fintech Development

Fintech is gaining popularity around the world including in Vietnam where experts and industry observers predict strong growth, driven by the country’s low banking penetration and young and increasingly affluent population. “Vietnam has strong growth potential for fintech development, and

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Everything You Need to Know About Binary Options

I still marvel at how easy it is to trade online as compared to a decade ago. Moreover, you don’t need large sums of money or a team to make huge profits. Obviously, one still needs to research and read

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