Tag "Fintech Singapore"

Asia-Pacific Fintech Market to reach US$72 billion by 2020

Active support and initiatives by financial regulators such as the Monetary Authority of Singapore, Bank Negara Malaysia and Bank Indonesia has enabled the Asia-Pacific Fintech ecosystem to grow significantly in 2017. New innovations are expected to radically transform the way consumers

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Everything You Need to Know about Singapore’s Personal Data Protection Act

Singapore’s Personal Data Protection Act (PDPA) governs the way companies in the country collect, store, use and disclose data. In order to comply with KYC (Know Your Customer) laws, fintech companies must collect personal data from customers. And that, in

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Fintech Singapore Vs Fintech Malaysia Infographic

It’s no secret that besides sharing a common history, Singapore and Malaysia has always shared a sense of rivalry with each other. The fact that both countries are actively vying for a piece of the fintech pie and their geographical

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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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