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FundedHere To Cease FundedX’s Operations, Unauthorised to Operate Secondary Market
Following our earlier story on the launch of FundedX, a private exchange to trade shares of high growth startups, FundedHere told in a statement to Fintech News Singapore that they do not possess the necessary licensing to carry the activity.
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11 New Fintech Books for Summer 2018
Technology and digital platforms are transforming business models and changing ground rules, virtually revamping the banking and financial services industry. To keep up with the rapidly evolving fintech world, here are ten new release books on fintech, digital finance, cryptocurrency and
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2 Fintech Startups Made it Into the Rakuten-Techstars Accelerator in Singapore
Rakuten and Techstars revealed the 10 startups selected to join the high-profile Rakuten Accelerator, powered by Techstars, in Singapore. Selected based on their ability to shape the future of “Messaging as a Platform” for new technologies, the 10 startups will undergo
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MAS Directs Financial Institutions to Tighten Customer Verification Process
The Monetary Authority of Singapore (MAS) has issued a circular to all financial institutions, directing them to tighten their customer verification processes. This follows the recent cyber attack at SingHealth where personal information of 1.5 million individuals was illegally accessed
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Singapore’s Path to Digital Economy Still Facing Some Roadblocks
Use of mobile banking has overtaken physical branch interactions by 15% during the past 12 months, according to the J.D. Power 2018 Singapore Retail Banking Satisfaction Study. It is clear that Singapore’s Smart Nation journey to digitally transform its banking
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OCBC Spends SGD14 Million to Reduce Teller Jobs by Half Within Two Years
OCBC Bank has gone on an SGD14 million endeavor to deploy new ATMs and digital service kiosks in Singapore, in a bid to keep abreast of the ongoing transformation of the banking industry. Instead of having to head out to
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F10 FinTech Hackathon in Singapore – Get Access to Fintech Trends and Young Talents
After writing successful hackathon stories in Switzerland where valuable partnerships have started and game-changing fintech ideas have been born, it is time for F10 FinTech Incubator & Accelerator to further the revolution of the finance industry on an international level.
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Singaporeans Crave A Digital Nomad Life, But Worry If They Can Migrate Overseas
A new study revealed that 7 in 10 Singaporeans (69%) want to work remotely to travel the world. This is especially true of younger Singaporeans, where up to 74% of 15–34-year-olds have the same dream. However, they aren’t sure about which countries
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GAFA and Banking: The Next Battleground?
I got my first iPod in 2002 — it was my first Apple product. I had had a Sony Walkman for a long time and had recently moved on to their MiniDisc player, but the iPod was so much better.
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German Accelerator Southeast Asia and Entreprise Singapore Collaboration
German Accelerator Southeast Asia (GASEA) is collaborating with Enterprise Singapore to build a two-way partnership that will facilitate the launchpad for statups, including fintechs, in both these countries. This builds on the memorandum of understanding (MoU) signed by both parties at
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