Tag "Singapore"

Smaller Banks in Singapore Are at Risk As Fintechs Eye Digital Banking License

Competition is heating up in Singapore’s digital banking landscape as an increasing number of fintechs including e-wallet operators and payment services providers are looking to apply for when applications open in August. Liquid Group, Xfers, MatchMove Pay and FOMO Pay are

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Facial Recognition Authentication: Is It Good Enough to Fight Financial Fraud?

More than 2800 branches were closed in the UK between 2015 and the end of 2018, and a similar trajectory can be seen across the globe. This trend is driving traditional banks to switch to expand their businesses digital channels,

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Singapore’s New GST Proposal for Crypto “One of the Friendliest Tax Regulations in the World”

The proposal of the Singapore government’s taxation agency to remove goods and services tax (GST) from cryptocurrency transactions could give a boost to the burgeoning sector, experts and industry participants claim. Earlier this month, the Inland Revenue Authority of Singapore

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7 Recent Stories That Proves Singapore is a Leader in Fintech and Innovation

In Southeast Asia, Singapore has established itself as a fintech hub leading the way when it comes to investment and regulations. A combination of favorable rulings, supportive initiatives from both the private and public sector, an already dynamic startup ecosystem,

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NETS Enables Over 500 Singaporean Hawkers to Accept Cashless Payments

22 coffee shops, 10 hawker centers and 12 industrial canteens have adopted a unified digital payment solution provided by NETS, Enterprise Singapore said on June 29. The solution combines in one point-of-sales terminal and a single SGQR label a total

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7 Blockchain Projects and Startups Leading the Way in Singapore

In recent years, Singapore has emerged as a hotbed for blockchain and crypto innovation, fuelled by the supportive stance from the government towards adopting cutting technologies. Sources say that there are over 634 companies have been incorporated in Singapore with a

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3 Startups From Singapore Selected For Fintech Global’s Top 100 Wealthtech List

Data and research provider Fintech Global has released its inaugural Wealthtech 100 list, which features the world’s top 100 companies transforming the wealth and asset management industry. Wealthtech is one of the fastest growing verticals of fintech, which has attracted

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Money20/20 Asia Comes Back to Singapore: What to Expect

Money20/20, a leading event series dedicated to the world of payments, fintech and the broader financial services industry, is coming back to Singapore next week for its annual Asian edition. Money20/20 Asia 2019, which will take place on March 19

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#DeleteCoinBase Trending Soon After Its Funding Boost from Singapore’s GIC

Fresh out of Coinbase’s funding round of $300 million Series E round the hashtag #deletecoinbase seems to be trending in the twitterverse. This round of fund-raising included Singapore’s very own wealth fund, GIC. The reason by the call from users to

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Fintech Job Moves and the Hottest Open Positions in Singapore and HK

Fintech in Asia-Pacific is expected to grow at a compound annual growth rate (CAGR) of 72.5% from 2015 to reach US$72 billion in 2020, according to a Frost & Sullivan report. But insights from Michael Page indicate that there is

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