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DBS Names Helge Muenkel as Its New Chief Sustainability Officer
DBS Bank has announced the appointment of Helge Muenkel as its new Chief Sustainability Officer with effect from today. He will be succeeding Mikkel Larsen who transitioned into his role as Chief Executive Officer (CEO) at Climate Impact X (CIX),
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MAS’ Ravi Menon to Chair the Network for Greening the Financial System
The Monetary Authority of Singapore’s (MAS) Managing Director Ravi Menon has been appointed as the new Chair at the Network for Greening the Financial System’s (NGFS) for a two-year term. Menon succeeds Frank Elderson, Member of the Executive Board of
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OCBC Bank Makes Goodwill Payouts to SMS Phishing Scam Victims
OCBC Bank has begun making goodwill payouts since 8 January 2022 to customers who had fallen prey to the recent SMS phishing scam. To date, more than 30 customers have received them. The payouts to this group of customers are
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Mastercard Names Safdar Khan as Division President for Southeast Asia
Mastercard announced that Safdar Khan has been named as its Division President for Southeast Asia. This appointment is an expansion of his former role as Division President, Southeast Asia Emerging Markets. A 15-year veteran of Mastercard, Khan’s previous role saw
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Top 5 Fintech Trends in Asia in 2022
With 2021 behind us, fintech experts and industry participants are sharing their predictions for the year to come, looking at the trends that shaped 2021 to predict the top fintech trends in Asia in 2022 Funding activities, industry developments, public
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Singapore’s Top Fintech Legal Firms and Lawyers in 2022
Chambers and Partners, an independent research company delivering rankings and insights into providers of legal services, has released its selection of Singapore’s top fintech law firms and individual lawyers for 2022. These law firms and professionals were selected based on
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Singapore Fintech Report 2022: Fintech Reaches Critical Mass in Singapore
In Singapore, the COVID-19 pandemic has acted as a catalyst for fintech adoption, driving demand for digital payment capabilities, virtual banking experiences and buy now, pay later (BNPL) arrangements. Consumers and businesses are signing up en masse to digital banking
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Asia’s Top 10 Largest Fintech Exits Announced in 2021
In 2021, global fintech exits reached new heights, totaling 724 transactions comprising mergers and acquisitions (M&As), initial public offerings (IPOs) and mergers with special purpose acquisition companies (SPAC), data from CB Insights show. Though Europe and the US accounted for
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Year End Message to Our Readers – Offline From 23rd December to the 2nd January
Fintech News Singapore would like to take this opportunity to wish all our readers a Merry Christmas and a very Happy New Year. We will be taking a break from the 23rd December 2021 to the 2nd January 2022. Until
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Fintech in Singapore: 2021 in Review
In 2021, Singapore continued to pursue its ambition to become a world leader in fintech innovation, multiplying initiatives to foster green fintech, explore opportunities related on central bank digital currency (CBDC), and lay the foundation for open finance. Leading fintech
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