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MAS Issues “Regulatory Sandbox” Guidelines for FinTech Experiments

The Monetary Authority of Singapore (MAS) published its “regulatory sandbox” guidelines to encourage and enable experimentation of solutions that utilise technology innovatively to deliver financial products or services. The guidelines incorporate feedback from the public consultation as well as learning

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Lykke Exchange Got Licensed to Provide Financial Services in Asia and Africa

Swiss-headquartered fintech firm Lykke announced the establishment of Lykke Vanuatu (lykke.vu), a new licensed entity.   The Vanuatu Financial Services Commission (VFSC) has approved Lykke Vanuatu as a Dealer in Securities. Lykke Vanuatu will provide access to Lykke Exchange for

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NTT DATA Launches The Open Innovation Business Contest

NTT DATA, an IT service provider, announced today that it will host preliminary contests in 10 locations worldwide with its fourth stop in Singapore on the 22nd of February, to attract ideas for venture-business collaborations. Any startup is welcomed to

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IBM Helps FinTechs Drive New Innovation In Payments, Lending, Blockchain And Know Your Customer

Consumers and banks alike are increasingly turning to FinTechs for some of the most disruptive financial solutions in the market today. To support FinTechs worldwide, IBM today announced new developer tools, technology, training and programs to share financial services expertise.

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Singapore’s FinTech Journey – Where We Are, What Is Next

More than 11,000 participants from more than 50 countries attending one or more of the many events lined up over these five days of Singapore Fintech Festival. Remarks at Singapore FinTech Festival – FinTech Conference. Singapore Expo by Ravi Menon, Managing

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A New Home For Innovation At DBS

In my two years as the Chief Innovation Officer of DBS, I’ve worked on a number of initiatives meant to drive innovation. It’s been truly amazing but today is extra special. It gives me great pleasure to share we’ve opened

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ACTIVE.AI Raises USD 3 Million From Kalaari Capital & IDG Ventures India

Active.ai, a Singapore based fintech startup, using artificial intelligence (AI) to deliver virtual assistant banking services, announced today that it has raised $3 million in funding from IDG Ventures India and Kalaari Capital. This investment will support the rapid growth of

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MetLife Launches “Collab”: The Insurance Tech Accelerator

LumenLab, MetLife’s Singapore-based innovation centre, is pleased to announce today the launch of Collab – a three-month program that supports “product ready” start-ups as they tackle the business needs of tomorrow. Through this unique forum, insurtech start-ups can share their solution

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The Fintech Club of Thailand

The Fintech Club of Thailand is an organisation that was founded in March 2016. It draws together companies for the development of fintech in the Kingdom of Thailand, and beyond. It is the main agency for the establishment of the

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Winners of Global FinTech Hackcelerator, Provide Innovative Solutions to Industry Problems

The Monetary Authority of Singapore (MAS) announced that three FinTech companies will receive a cash prize of S$50,000 each for the technology solutions they presented at the Global FinTech Hackcelerator Demo Day. Organised as part of the inaugural Singapore FinTech

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