Tag "technology"

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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The ASEAN Digital Journey to 2025

A report by the Global Transaction Banking (GTB) department of Deutsche Bank named Reimagining ASEAN: The digital journey to 2025, revealed that significant gaps remain before it becomes an “advanced digital region”. This is despite key economic policies signed by

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Singapore-Based Startup Raises Seed Funding from 500 Startups and Entering MAS FinTech Regulatory Sandbox

A Singapore digital insurance app that helps consumers organise all their insurance products in one place just raised money from 500 Startups and  received approval from MAS to enter a regulatory sandbox. The startup will be testing their solution over a

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Why the CIO Will Drive Bank Success in 2017 and Beyond

The banking Chief Innovation Officer, or CIO, has seen their role change in a very short space of time. It may even be argued that the modern demands of the bank CIO are so different to what came before that

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Singapore Selected as a Demo Day Country for Citi’s Global FinTech Initiative

Citi announced that Singapore has been selected as one of the countries to hold a Demo Day for its latest global FinTech initiative, the Citi Tech for Integrity Challenge(T4I), targeting the Public Sector. The Monetary Authority of Singapore has committed

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Bitcoin Remittances Book Highlights Growing Traction in Asia

Remittances has long been recognized as one of Bitcoin’s most obvious use cases. Sending money from one Bitcoin wallet to another is about as easy as sending an email. The impact on the 230 million migrants sending $430 billion in

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Ayannah launches an AI-powered Credit Scoring Service for the Unbanked

Ayannah a provider of affordable and accessible digital financial services for emerging markets has partnered with Bayad Center, the bills payment subsidiary of Meralco, the Philippines’ largest electric utility to launch Juan Credit™, the first artificial intelligence-powered credit scoring system

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KPMG and Microsoft Announce New “Blockchain Nodes”

KPMG International and Microsoft have announced the launch of joint Blockchain Nodes, which are designed to create and demonstrate use cases that apply blockchain technology to business propositions and processes. The first joint Blockchain Nodes are in Frankfurt and Singapore,

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Cermati Secured Series A Extension Funding from Orange Growth Capital

Indonesia’s financial e­-commerce provider, Cermati, has raised seven-digit USD funding from Orange Growth Capital (“OGC”), one of the leading European and Asian FinTech VCs. Cermati will use the additional funding to expand the team, bolster its product offering and further

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Mobile Money Banking Conference in Myanmar

The latest cutting-edge technologies and innovative solutions for the mobile telecommunications and banking sectors will be showcased this month at the 8th Mobile Money & Agent Banking Summit 2017 to be held on February 21-22 at the Park Royal Hotel

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