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8 Reasons Why Fintech Startups Fail

Fintech startups are multiplying and as we hear a lot about the successful ones, we often forget that it is not an easy task to turn a project or idea into a successful venture, and that, no matter how disruptive

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Asia Dips in Digital Competitiveness Ranking US, Canada and Europe in Top 10

Singapore loses its #1 place to the US this year but is the only Asian country in top 10 despite dropping a place from last year.   This year the majority (29) of countries in the study (63) experienced an

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7-Eleven Partners soCash To Offer Cardless Cash Withdrawals

As part of continued efforts to elevate customer convenience through digital transformation, 7-Eleven partners with FinTech start-up, soCash, to offer cash withdrawal via the latter’s mobile app. This cardless cash withdrawal service has been available at all 7-Eleven stores from

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DBS Introduces Jim, Southeast Asia’s First Virtual Bank Recruiter

DBS has launched Southeast Asia’s first virtual bank recruiter, Jim, to help its recruiters hire wealth planning managers more efficiently. The bank is looking to hire 40% more wealth planning managers this year to support its rapidly growing wealth management

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innovfest unbound 2018 in Singapore Event Wrap Up

innovfest unboundSoutheas 2018, one of Asia’s largest innovation festival, wrapped up the fourth edition of its annual two-day event at Marina Bay Sands Expo and Convention Centre in Singapore this week. The event, jointly organized by Unbound and NUS Enterprise, the entrepreneurial arm

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OCBC Bank and StarHub Launches Singapore’s First Cross Industry Loyalty Programme

OCBC Bank and StarHub are jointly developing Singapore’s first loyalty alliance so Singaporean consumers will be able to exchange, consolidate and redeem loyalty rewards – such as rewards points and air miles – earned from market-leading partners across industries. Set

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AfDB Partners with Microsoft & Facebook to Tackle Unemployment

The African Development Bank, together with partners – The Rockefeller Foundation, Microsoft, and Facebook –launched the Coding for Employment Program at the African Innovation Summit in Kigali, Rwanda. By training youth in demand-driven Information and Communications Technology (ICT) curriculum and

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Leonard Cheong Appointed Managing Director of AdNovum Singapore

The executive board of the Swiss software company AdNovum has appointed Leonard Cheong as managing director of AdNovum Singapore. Leonard Cheong joined AdNovum Singapore on March 1 and took over the position in May 2018, succeeding Moritz Kuhn. In his

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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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