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MAS Revises Tech Risk Guidelines Amidst Heightened Cyber Attack Threats

The Monetary Authority of Singapore (MAS) has issued a revised Technology Risk Management guidelines in light of the recent spate

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Singaporeans Encouraged to Hand Out E-Hong Baos for Lunar New Year

The Monetary Authority of Singapore (MAS) is encouraging Singaporeans to use e-hong baos, monetary gifts given in envelopes, during the

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Singapore Fintech Report 2021: Blockchain Dominates Singapore’s Fintech Scene

Singapore’s fintech industry continued its momentum in 2020 on the back of new regulations, fintech initiatives from regulators themselves and

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Investors Bullish on Indonesia’s Fintech Sector

Fintech continued to lead Indonesia’s startup funding landscape in 2020, making up for most of the money raised that year,

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Standard Chartered Partners Bukalapak to Launch Digital Banking Offerings

Standard Chartered has formed a strategic partnership with Bukalapak to launch digital banking offerings which will be hosted on the

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MoMo Eyes Super App Status With the Close of US$100 Million Funding Round

Vietnamese e-wallet MoMo announced that it had raised US$100 million during its Series D funding round co-led by Goodwater, a

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Grab’s Fintech Arm Secures Over US$300 Million in Series A Funding Round

Grab Financial Group (GFG), the fintech arm of Grab, announced that it has raised over US$300 million in its Series

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Rapyd Bags $300 Million in Series D Funding Round

Rapyd, a Fintech-as-a-Service company, announced a $300 million Series D financing round led by Coatue, a global technology-focused investment manager.

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Indonesian Fintech BukuKas Raises US$ 10M in Sequoia Capital India Led Round

BukuKas, a digital platform and app for digitising SMEs in Indonesia, has raised USD 10 million during its Series A

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Mastercard Pilots Cloud Payment Acceptance Solution on Smartphones

Mastercard has partnered with NMI and Global Payments Inc. to launch its first live Cloud Tap on Phone pilot with

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Huawei and IDC’s Banking Resilience Index Uncovers How FIs Responded to COVID-19

A new whitepaper by Huawei and the International Data Corporation (IDC) looks at how banks around the world have responded

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QR Code Payment Users to Reach 2.2 Billion Globally by 2025

A new study from Juniper Research has found that the total number of QR code payment users will exceed 2.2

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Digital Securities Firm Propine Graduates From MAS’ Fintech Sandbox

Propine, a Singapore-based end-to-end securities services firm catering for digital securities services to institutional clients, has become the first independent

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E-Commerce Payment Trends in Southeast Asia

Southeast Asian economies performed remarkably well in 2020 despite the pandemic. The Asian Development Bank (ADB) estimates a contraction of

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Mambu to Deepen APAC Footprint With €110 Million Fund Injection

SaaS banking platform Mambu has raised €110 million during its latest funding round, securing a valuation of over €1.7 billion.

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Wave Money Doubled Its Transaction Volume Last Year at US$ 8.7 Billion

Wave Money, a Myanmar-based mobile financial services provider, recorded a total of 12 trillion Myanmar kyat (US$ 8.7 billion) in

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Deutsche Bank to Pilot Digital Assets Proof-of-Concept With STACS

Deutsche Bank Securities Services and Hashstacs Pte Ltd (STACS) will collaborate to jointly explore a proof-of-concept (POC) related to the

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Grab Ties up With Citi to Offer in-App Loans

Citi and Grab, South East Asia’s super app, have expanded their partnership in consumer lending with the launch of the

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Digital Wealth Manager Syfe Rolls Out New Cash Management Solution

Syfe, a digital wealth management company licensed by the Monetary Authority of Singapore (MAS), has launched the Syfe Cash+ portfolio

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Silent Eight Bags Multi-Year Partnership to Help HSBC Combat Financial Crime

Silent Eight, a Singaporean regtech using Artificial Intelligence (AI) to combat money laundering and terrorism financing, announced a multi-year partnership

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Singapore Wealthtech Sector Continues to Grow; Sees Signs of Consolidation in 2021

In Singapore’s burgeoning 1,000+ strong fintech industry, the wealthtech subsegment continues to grow and mature on the back of increased

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Agoda Rolls Our Buy Now, Pay Later Payment Solution With Atome

Digital travel platform Agoda has launched a regional partnership with Singaporean buy now, pay later platform Atome to offer flexible

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Financial Institutions Turn to Huawei’s Converged Data Lake Solution to Accelerate Banking Innovation

Like many other areas of the economy, the financial services sector is undergoing a data revolution. Every day, the global

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iSTOX Launches Unicorn Fund in Digitised Securities Form

Digitised securities platform iSTOX announced that it has listed a unicorn fund in digitised securities form, allowing the creation of

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Year End Message to Our Readers – Offline from 24th December to the 3rd January

Fintech News Singapore would like to take this opportunity to wish all our readers a Merry Christmas and a very

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How Data Privacy Affects Engagement in Financial Services

It may be a challenge for brands in highly-regulated spaces, but meeting customer expectations is both possible and essential. To

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Contour Pilots Blockchain-Based Transaction in Vietnam

Contour, a blockchain trade finance network that’s formerly known as Voltron, announced that it has completed a pilot transaction between

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Korean Unicorn Toss Join Forces With CIMB Vietnam to Launch CIMB-Toss Debit Card

CIMB Bank Vietnam and Viva Republica, the operator of Toss app, has jointly introduced the CIMB-Toss Debit Card following the

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ZA Tech Forms Insurtech Joint Venture With Indonesian E-Wallet OVO

ZA Tech, the Hong Kong-based technology venture founded by insurance company ZhongAn Online and backed by Softbank’s Vision Fund, announced

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Brunei’s Fintech Industry Continues to Grow Amid Rising Demand and Government Push

Though still in its early stages, Brunei Darussalam’s fintech ecosystem is developing quickly on the back of rising demand for

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The 10 Best Fintech Books To Have In Your Library

Top 10 Fintech Books While blogs and news portals will keep you up-to-date in terms of companies and corporate news,

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Here Are The Contenders to Singapore’s Digital Banking Race

Singapore’s digital banking license was perhaps one of the most widely discussed topic in 2019 within fintech circles and we

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MAS: 100 FinTech Problems to Solve for Singapore

Solve this problem on the Singapore Hackcelerator and apply until August 15th here! 7 problem statements on KYC / Identity

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27 Most Valued World Fintech Unicorns, 8 From China

Business Insider Singapore, CBInsights, Funderbeam, and Crunchbase together have created the world’s fintech unicorns – fintech start-ups valued at over $1 billion.  

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Top 10 Blockchain Social Media Alternatives to Watch Out For

While blockchain was once known merely as the building blocks used to make bitcoin, it’s now being hailed as a

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The Philippines Fintech Report 2018

  Note: We’ve update this report, the 2020 edition of the Fintech Report can be found here With a population

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Landscape of Blockchain Companies in Financial Services

In November 2008, a paper was posted on the Internet under the name Satoshi Nakamoto titled ‘bitcoin: A Peer-to-Peer Electronic

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Singapore’s 30 Hottest Fintech Startups To Watch

Singapore’s vibrant startup ecosystem, supportive government, stable financial system and business-friendly tax regime, have helped turn the city-state into an

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10 Fintechs Stand a Chance to Present Their Solutions to Singapore’s Investment Industry

A Singapore industry group representing the city’s asset management firms, IMAS, has launched an accelerator programme which could position 10

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