Tag "Singapore"

OCBC Bank Launches Mobile Keyboard to enable Cashless Payment directly from any Mobile App

OCBC Bank has launched a mobile keyboard that allows customers to make peer-to-peer payments without having to exit their current mobile applications. The OCBC Keyboard can be used within any mobile app or browser – for instance, within Facebook, Whatsapp,

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Singapore Government: Exploring E-payments for Hawker Centers and Shops in the Heartlands

The National Environment Agency (NEA), Housing & Development Board (HDB), Monetary Authority of Singapore (MAS) and Smart Nation and Digital Government Office (SNDGO) have jointly issued a Request for Information (RFI) for electronic payment (e-payment) solutions to support micro-payments. Mainly

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Simplifying Electronic Payments in Singapore

At Singapore’s recent National Day Rally, Prime Minister Lee Hsien Loong highlighted that while Singapore has the right ingredients to become, what has been dubbed, a ‘Smart Nation,’ there is still much to be done. PM Lee lamented that while

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How are FinTech based enterprises bringing about a ‘Positive Disruption’ in Singapore?

FinTech, also known as Financial Technology, is a portmanteau of financial technology which englobes a better user interface for financial services and products. The concept of FinTech goes back to 1950 when conventional banking transactions were getting replaced by technological

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Interview: Texcent to Launch Digital Payments Platform Paycent in Singapore and the Philippines in Coming Weeks

Texcent, a Singapore-headquartered fintech startup, is looking to launch its digital payment platform, Paycent, this August in Singapore and the Philippines. The company aims to become the global leader for mobile and cashless transactions with a platform that promises a

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Internet-of-Things Technologies to Play a Key Role in Singapore’s Smart Nation Push

In Singapore, Internet-of-Things (IoT) technologies are set to play a key role in the city-state’s digitalization push and Smart Nation plan. IoT refers to a network of Internet-connected physical objects, vehicles, buildings and other items embedded with sensors, electronics, and

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Fintech Mainstream Adoption To Be Driven By Emerging Markets

Over the past 18 months, adoption of fintech solutions has surged globally with now 33% of digitally active consumers across 20 markets using such products and services compared with 16% in 2015, according to EY’s latest EY Fintech Adoption Index.

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The Promise of Fintech in Vietnam. A Culture of Cash

In 2002, according to Plastic Money, there were only nine foreign-operated ATMs (ANZ, HSBC, and Citibank) in the entire country with 79 locally-operated ATMs (all State-owned banks) and slightly more than 5,000 point-of-sale (POS) terminals across Vietnam. Between 2011-2015, the State

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ICOs in Singapore: an Overview

Initial coin offerings (ICOs), or token sales, are becoming an increasingly popular method for blockchain and cryptocurrency startups from around the world to raise funding. In the past year, ICOs have raised over a billion dollars for early stage startups.

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Will Singapore Become a Regtech Leader? Regulatory Reporting 2.0

Regtech has grown from a niche to one of the most promising and exciting areas in the financial world. Regulatory technology, commonly known as regtech, is a classification of technology specifically addressing regulation and compliance issues in the financial industry.

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