Fintech News Singapore
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Are Banks Ready for The Big Shift?
The transformation, or more accurately the evolution, of the banking industry is presently underway on multiple fronts, with the sluggish
Read MoreLatest Stories
Brankas Claims to Be First to Secure Open Banking Data License in Indonesia
Southeast Asian open finance platform Brankas has reportedly become the first company in Indonesia to obtain a Payment Service Provider
Read MoreTop 5 Most Promising AI Companies in Asia According to CB Insights
Market intelligence platform CB Insights has released its selection of this year’s 100 most promising artificial intelligence (AI) companies, from
Read More10 Robo Advisors Democratising Digital Investing in the US$1.5B Singapore Market
Robo advisors have emerged as a game-changer in Singapore, transforming the way Singaporeans approach investment and wealth management. These digital
Read MoreThai PM Launches Digital Wallet to Disburse US$14 Billion in Q4 Economic Stimulus
Prime Minister Srettha Thavisin has officially launched a new digital wallet scheme in Thailand aimed at benefiting approximately 50 million
Read MoreSingapore Pledges S$35 Million in Sustainable Finance Skills Development
The Monetary Authority of Singapore (MAS), in collaboration with the Institute of Banking and Finance (IBF) and Workforce Singapore (WSG),
Read MoreFinancial Sector Dominates LinkedIn’s ‘Best Workplaces’ in Singapore
LinkedIn has released its Top Companies list for 2024, identifying the 15 best workplaces for career growth in Singapore. Financial
Read MoreiCapital Marketplace Debuts in Singapore and Hong Kong
iCapital, a global fintech firm, has introduced its iCapital Marketplace in Hong Kong and Singapore. This platform is designed to
Read MoreFintech Sees Growth Amidst Declining Declining Private Equity Activities in APAC
The Asia-Pacific (APAC) private equity (PE) market faced significant challenges in 2023 due to concerns about slowing economic growth, rising
Read MoreCrypto.com Plans ‘Thoughtful’ Hiring After Laying off 20% of Workforce Last Year
Crypto.com’s CEO Kris Marszalek outlined the digital-asset exchange’s plans to expand its workforce, in a recent Bloomberg interview. This comes
Read MoreMckinsey: Generative AI to Transform Risk Management in The Next 5 Years
Generative artificial intelligence (AI), also known as gen AI, is expected to significantly impact risk management over the next five
Read More5 Key Drivers Behind Thailand’s Fintech Growth
Fintech Thailand is poised for significant growth and development in areas including digital banking, open finance, and startup support. Digital
Read MoreFinbotsAI Expands Footprint to Myanmar via KBZ Bank Partnership
FinbotsAI, a Singapore-based fintech company specialising in AI credit scoring, has partnered with KBZ Bank, one of Myanmar’s largest privately-owned
Read MoreBridgewise Lands US$21M Funding Led by SIX Group
Bridgewise, an AI-based analysis platform for global securities, has raised US$21 million in a new funding round, bringing its total
Read MoreOCBC Reports Sixfold Increase in Eco-Care Car Loans Amid Rising EV Popularity
OCBC has reported a major increase in its Eco-Care Car Loans, with numbers surging over sixfold in 2023 compared to
Read MoreNium’s Global Expansion Continues with New Zealand Registration
Nium, a real-time cross-border payments platform, has officially become a registered Financial Services Provider in New Zealand. This marks Nium’s
Read MoreMoomoo Singapore Reaches One Million Users in Three Years
Moomoo Singapore, an investment platform and wholly owned subsidiary of Futu Holdings, has surpassed one million users, just three years
Read MoreTemenos Claims Its Independent Review Debunks Hindenburg Allegations
Banking software provider Temenos announced the completion of an independent review on 15 April 2024, addressing allegations made by Hindenburg
Read MoreSeizing the Billion-Dollar Opportunity of Generative AI in Financial Services
In an era where technology and innovation are pivotal to competitive advantage, the financial services industry stands on the cusp
Read MoreSC Ventures Invests in Sharia-Compliant UK Fintech Algbra
SC Ventures, the innovation and ventures unit of Standard Chartered, has made a strategic investment in Algbra, a UK-based fintech
Read MoreRevolut’s Youth-Focused Financial App Surpasses 2 Million Users Globally
Global neobank Revolut announced today that its youth-focused financial app designed for individuals aged 6-17, has surpassed two million users
Read MoreMoney20/20 Asia Set to Spotlight APAC Regulators for Fintech Growth
Money20/20 Asia, set for 23-25 April at the Queen Sirikit National Convention Center in Bangkok, will prominently feature regulators from
Read MoreHow Next-Gen Payment Platforms Are Leading the Shift from Legacy Systems
In the rapidly evolving financial services landscape, the journey from entrenched legacy systems to cutting-edge digital payment platforms is a
Read MoreSilent Eight to Power AIA’s Financial Crime Compliance
Pan-Asian life and health insurer AIA has partnered with regtech firm Silent Eight, which specialises in AI-driven compliance solutions. This
Read MoreRevolut India Secures In-Principle Approval for Prepaid Cards and Wallets
Global neobank Revolut announced that its Indian entity has secured in-principle approval from the Reserve Bank of India (RBI) to
Read More9Basil Acquires AlteriQ Global to Fuel APAC Private Credit Growth
9Basil Group, a Bangkok-based alternative investments firm, has acquired the boutique private credit platform AlteriQ Global, marking a significant expansion
Read MoreThe Sponsors Backing Money20/20 Asia’s Inaugural Thai Edition
In the rapidly evolving landscape of fintech, industry events and conferences serve as epicenters of collaboration, insight, and networking. Among
Read More11 Fintech Events to Attend in APAC in Q2 2024
In Asia-Pacific (APAC), the financial landscape is evolving rapidly amid technological advancements, changing customer expectations and the rise of fintech.
Read MoreRevolutionising Cross Border Payments in the APAC Ecosystem
In the Asia-Pacific (APAC) region, the economic growth narrative is interwoven with technological innovation, propelling the B2B payments market into
Read MoreTransferGo Raises US$10 Million to Fuel Asia Pacific Growth Plans
TransferGo, an online money transfer platform operating in over 160 countries, recently announced it has raised US$10 million from Taiwania
Read MoreTRM Labs Welcomes Former INTERPOL President Boon Hui Khoo as Senior Advisor
Blockchain intelligence company TRM Labs announced that it has named Boon Hui Khoo as its senior advisor. Khoo, with an
Read MoreLatest Industry Reports
Meet the 40 Fastest Growing Fintechs in Asia Pacific According to the Financial Times
In the sixth annual compendium of 500 burgeoning companies across the Asia Pacific (APAC) by the Financial Times and Statista,
Read MoreAirwallex Report: Singaporean Shoppers Demand Payment Flexibility, Transparency
While concerns of volatile macroeconomic conditions persist into 2024, there are signs that point to continued growth in global cross-border
Read MoreOver Half of Surveyed Singapore Users Own Cryptocurrency
In recent years, the landscape of cryptocurrency and digital assets has experienced significant shifts, and Singapore, a nation known for
Read MoreMore Than Half the Fintech Industry Seeing Growth from Strong Consumer Demand
The fintech industry, having navigated through the turbulent waters of the COVID-19 pandemic, has demonstrated not only resilience but also
Read MoreProject Savannah, a Blueprint to Simplify ESG Integration for Small Businesses
In an era where sustainability is not just a preference but a necessity, the dialogue around environmental, social, and governance
Read MoreAre APAC Businesses Ready? Assessing Digital Preparedness in Finance
In an era marked by rapid technological evolution, the finance function within businesses stands at the forefront of digital transformation
Read MoreSingapore Made Up 59% of ASEAN Fintech Deals in 2023 Amid Funding Winter
In the recent past, Singapore’s fintech sector has emerged as a beacon of innovation and growth within the ASEAN region.
Read MoreTop 10 Banking Trends in 2024 that Will Define the Sector
In 2024, the banking sector is witnessing a pivotal transformation driven by advanced technologies like AI and cloud computing, evolving
Read MoreBNPL Profitability Remains Elusive Despite Rising Adoption
Buy now, pay later (BNPL) arrangements, a type of short-term financing that allows customers to make purchases and pay for
Read MoreCrypto Hack Volumes Slashed by 50% in 2023, Says TRM Labs
There has been a significant drop in crypto hacks in 2023, with a more than 50% decrease compared to the
Read MoreSingapore Outpaces Australia, US, and UK in Generative AI Trust, FIS Study Shows
A recent study by global payments service provider FIS found that Generative AI in Singapore exhibits higher rates of trust
Read MoreWill Generative AI Fundamentally Reshape Banking?
A technology revolution is underway that stands to transform the banking industry fundamentally. Generative AI, which burst onto the scene
Read MoreBeyond Queries: How ChatGPT in Banking Unleashes Innovation
Financial services companies are increasingly taking advantage of ChatGPT and similar solutions. These technologies allow for the easy integration of
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