Tag "Fintech Singapore"

Singapore Fintech Map 2017

As one of the earlier observers of the Fintech Singapore space, the speed in which is has grown is simply breathtaking. In a short span of these few years the regulators, investors and fintech community have jointly worked together towards

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Parliamentary Question On The Use Of Cryptocurrency In Singapore And Measures To Regulate Cryptocurrency And ICO’s

Question: To ask the Minister for Finance (a) how prevalent is the use of cryptocurrency in Singapore; and (b) what measures will MAS introduce to regulate Initial Coin Offerings (ICOs). Name and Constituency of Member of Parliament: Answer by Mr

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Singapore-Based Global Payments Processor “Instarem” Secures Lithuanian E-Money License For European Expansion

Singapore based InstaReM is entering the European market via Lithuania. The regulator Bank of Lithuania issued an Electronic Money Institution (EMI) license to InstaReM, which is already operating in more than 50 countries around the world. InstaReM is a new-age enterprise

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ABSS Launches Cloud-Based Automated Accounting Solution To Boost Singapore’s Digital Economy

Asian Business Software Solutions (ABSS) today announced the launch of Financio, a cloud-based automated accounting software for micro and small businesses in Singapore that gives companies access to a secure solution that tracks business finances effortlessly. Developed by ABSS and

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MAS Announces Finalists for the Global FinTech Hackcelerator and FinTech Awards

The Monetary Authority of Singapore (MAS) announced the finalists for the 2017 Global FinTech Hackcelerator and FinTech Awards. The Global FinTech Hackcelerator and FinTech Awards are among the highlights of this year’s Singapore FinTech Festival, which will take place in

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Adyen Expands Direct Credit Card Acquiring Capabilities to Include Singapore

Adyen announced an expansion of its current payment processing offerings in Singapore via a direct credit card acquiring license for Visa and MasterCard. This extends Adyen’s full stack solution to Singapore, enabling businesses to process transactions and increase opportunities for improved

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The Action Community for Entrepreneurship Launches the ACE International Centre to Support Startups

The Action Community for Entrepreneurship (ACE), a national private-led organization with the mission to drive innovation and entrepreneurship in Singapore, today announced the official launch of the ACE International Centre (“ACEIC” or the “Centre”). As part of the Government’s efforts

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Singapore’s Industry-first Intelligent Chatbot provides Information Specific to Customers Life Insurance Plans

As part of Prudential’s customer-centric approach, the life insurer has launched an industry-first chatbot that can provide its Financial Consultants with real-time information specific to their customers’ life insurance plans. Named askPRU, the cognitive-powered chatbot is built on IBM Watson

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InsurTech Is Disrupting Insurance Forever – Will There Still Be a Place for Human Financial Advisors?

Wave after wave of technological disruption has hit us in recent years and it looks like the insurance industry is next in line. Insurtech is the new tradename for an aggressively growing group of apps, software’s, and startups reinventing a

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Jachin Capital To Offer iAdvisor, its “Live” Online Investing Platform in Singapore

Jachin Capital Pte Ltd, a home-grown independent fund manager, announced last month that it has received a Capital Markets Services Licence from the Monetary Authority of Singapore. With the licence, Jachin Capital can now offer its digital investing platform –

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