Tag "Singapore Fintech Festival 2018"

MAS to Invest SG$6.9 Bil Into Private Equity and VCs To Spur Ecosystem Growth

The Monetary Authority of Singapore (MAS) announced the launch of a new US$5 billion (SG$6.91 billion) worth private market programme. MAS will be allocating this amount of its own funds as its investment portfolio in the private markets asset class.

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Razer And Finlab Testing Blockchain Cross-Border Remittance

RazerPay is now collaborating with The Finlab to create a proof-of-concept (POC) to test cross-border remittance using blockchain technology. Since The FinLab is affiliated with UOB as its innovation accelerator, this partnership with RazerPay could be connected with UOB and

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Snapshot of Singapore’s Booming Regtech Scene

Regtech, the younger cousin of fintech has quickly risen out of fintech’s shadow and stand on its own two feet. In Asia, this is perhaps no more apparent than it is in Singapore. Not purely a compliance play Regtech involves

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Meet The Winners of MAS’ Global FinTech Hackcelerator

The Monetary Authority of Singapore (MAS) today announced three winners of the Global Fintech Hackcelerator, selected from the 20 finalists that presented their solutions at the third annual Singapore Fintech Festival. The Hackcelerator was supported by KPMG Digital Village. The

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Singapore Uses AI to Give SMEs Access to International Trade Opportunities

The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) are partnering with six private sector partners to create a Proof of Concept hybrid business data and digital solutions hub. The initiative will leverage on Artificial Intelligence (AI)

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Singapore and Thailand QR Payments Will Soon Be Standardised

Thanks to a partnership signed between NETS and ITMX, Thailand’s interbank payment infrastructure, Thai mobile wallet users will soon be able to scan the NETS QR Code and NETS Pay Users in turn will also be able to scan the

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Visa and Stripe to Launch Instant Payments on Stripe Connect

Visa, has teamed up with Stripe, a fintech company focusing on online payment processing, to enable its real-time push payment solution on Stripe Connect, the company’s solution for multi- sided marketplaces and platforms. Visa Direct offers real-time push payment capabilities

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GTR Ventures Signed 3 Separate Fintech Deals at Singapore Fintech Festival

GTR Ventures, an investment and venture-building platform that specialises in trade and supply chain has announced three new deals with Lucidity, iLoan, and RM-Tech, each a company hailing from a different Asian region. These three investments for GTR Ventures represents

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MAS Unveils FEAT Principles to Promote Responsible Use of AI and Data Analytics

The Monetary Authority of Singapore (MAS) has released a set of principles to promote fairness, ethics, accountability and transparency (FEAT) in the use of artificial intelligence (AI) and data analytics in finance. Known as the FEAT Principles, the document provides

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Swiss Blockchain VC Enters Singapore to Capitalise on an SG$ 22.09 Bil Opportunity

Singapore will be receiving a Swiss accelerator and venture capital firm soon, as Blockchain Valley Ventures has decided that our island nation is their next stop, set for operations sometime in 2019. With SGInnovate as a key partner in Singapore,

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