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Giesecke+Devrient Steps Up Stake Ownership in Netcetera to 95%
Giesecke+Devrient (G+D), headquartered in Munich, has increased its ownership in the software firm Netcetera to 95%. This move, completed in January 2024, marks a strategic enhancement of G+D’s offerings in digital payment and banking solutions. Building on its initial announcement
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MoneyHero Appoints Rohith Murthy as Chief Business Officer
Financial product comparison platform MoneyHero reported substantial unaudited Q4 2023 growth, with approved applications increasing by over 80 percent, driving a revenue surge of more than 50 percent year-on-year from US$17.2 million (SG$23 million) in Q4 2022. Additionally, Singapore’s revenue for
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Here Are The Top 7 Fastest Growing Fintechs in Singapore
In the global financial landscape, Singapore has carved out a niche for itself as a thriving hub of fintech innovation. The annual list curated by The Straits Times and German research house Statista, showcasing the 100 fastest-growing fintechs in Singapore,
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CBDCs, Green Finance Among BIS Innovation Hub Projects Announced for 2024
The Bank for International Settlements (BIS) has recently announced a new series of projects for its 2024 Innovation Hub programme. This initiative includes various projects, each focusing on financial technology and security aspects. Green Finance In 2024, the BIS Innovation Hub, Singapore
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SC Ventures to Open Abu Dhabi Office, Led By Gautam Jain
Standard Chartered’s innovation and ventures arm, SC Ventures, plans to open an office in the Abu Dhabi Global Market (ADGM) to tap into the United Arab Emirates’s (UAE) technology ecosystem. With 30 years in banking technology, Gautam Jain will lead
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The Shifting Landscape of Fraud and Identity in 2024
The battle against fraud and identity theft has taken on new dimensions and complexities in today’s increasingly digital world. 2024 promises to be crucial in the ongoing struggle against financial cybercrime. As the financial industry continues to evolve, so do
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East Ventures’ Managing Partner Koh Wai Kit Steps Down, Transitions to Advisory Role
Indonesian venture capital firm East Ventures’ Koh Wai Kit, who had been serving as the Managing Partner since his appointment in 2021, has stepped down from his role. This was confirmed by sources close to DealStreetAsia. Prior to his tenure
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Top 10 Banking Trends in 2024 that Will Define the Sector
In 2024, the banking sector is witnessing a pivotal transformation driven by advanced technologies like AI and cloud computing, evolving customer demands, and changing regulatory landscapes. This evolution reflects the dynamic shift seen a quarter century ago with the Digital
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William Moroney Takes the Helm as President International at Temenos
Banking software company Temenos has promoted William Moroney as President International and appointed him to the executive committee. He is joined by the President Americas Philip Barnett who also joins the committee to drive the company’s growth. Moroney and Barnett
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BIS Announces New Leadership for Banking and Monetary Departments
The Bank for International Settlements (BIS) has announced the appointment of Luis Bengoechea as the new Head of its Banking Department and Hyun Song Shin as the upcoming Head of the Monetary and Economic Department (MED). Bengoechea, currently serving as
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