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Australia, Singapore And Sweden Top New Technological Readiness Ranking

Government investment will drive a broad-based improvement in countries’ tech-readiness in the next five years, is the key finding of Preparing for disruption: Technological Readiness Ranking, a report released tJune 5th by The Economist Intelligence Unit. Spending on e-government, cyber-security and

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IMF Sets Up Advisory Group for Fintech, Advisors Include MAS

The broad impact of technological innovation on financial services has been a focus of the international community and an issue of critical macroeconomic and financial importance. That is why the International Monetary Fund (IMF) is stepping up its analytical work

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UOB to Hold Digital Clinics to Help Small Businesses Crack the Digitalisation Code

United Overseas Bank (UOB) is making it easier for small businesses to take the first step towards digitalisation with the launch of monthly digital clinics. Through the clinics, small businesses will learn how they can use technology to improve their

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Innovfest Unbound Returns To Singapore In Its Fourth Year, Expecting Biggest Turn-Out Yet

innovfest unbound, Southeast Asia’s largest, most exciting and award-winning innovation festival, will be celebrating its fourth year of connecting disruptive innovations and encouraging entrepreneurship in Asia. To be held on 5th and 6th June 2018, over 12,000 entrepreneurs, brands, corporates,

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Application Open: Singapore Fintech Festival Awards 2018

The FinTech Awards 2018 comprising the MAS FinTech Awards and ABS Global FinTech Award recognise innovative financial technology solutions that have been implemented/deployed by FinTech companies, financial institutions, and technology companies. Apply for the FinTech Awards here and win up to

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Alpha JWC Ventures and PayPal Provide Up to US$5 Million Funding to FinTech Startups

Southeast Asia’s venture capital firm Alpha JWC Ventures announced its collaboration with global technology platform and digital payments gigant PayPal and its commitment to invest up to US$5M in 2018 participants of PayPal Incubator, a FinTech tartup incubation program in Southeast Asia. “At Alpha JWC

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E-Commerce Risk in APAC is Rocketing

E-commerce in Asia-Pacific is booming – with 71 percent of APAC consumers making an online purchase – but so is the risk of fraud, with one in five customers already falling victim. These are among the headline findings of the

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Singapore and Brunei Enhance Cooperation in Fintech

The Autoriti Monetari Brunei Darussalam (AMBD) and the Monetary Authority of Singapore (MAS) signed a FinTech Cooperation Agreement (CA) to foster innovation in financial services between Brunei Darussalam and Singapore. The FinTech CA will facilitate the sharing of information on

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OCBC Bank Launches Digital Transformation Programme For 29,000 Employees

The OCBC Future Smart Programme makes it possible for a cheque processing executive to become a data scientist in three years. Lim Chee Hau who has worked in the bank’s payment operations unit for five years, processes cheques on a

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Strengthening the AI Finance Ecosystem in Singapore

The Monetary Authority of Singapore (MAS) is collaborating with the Economic Development Board (EDB), Infocomm Media Development Authority (IMDA) and Institute of Banking and Finance (IBF) to accelerate the adoption of Artificial Intelligence (AI) in Singapore’s financial sector. The collaboration

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