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Bridgewise 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

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OCBC 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

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Nium’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

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Moomoo 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

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Temenos 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

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Seizing 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

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SC 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

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Revolut’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

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Money20/20 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

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How 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

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Silent 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

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Revolut 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

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9Basil 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

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The 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

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11 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.

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Revolutionising 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

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TransferGo 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

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TRM 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

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Temasek Furthers European Expansion with New Paris Office

Singapore’s sovereign wealth fund Temasek has inaugurated its new office in Paris, marking a significant step in its European expansion

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BIS: Stablecoins Offer Promise, but Need Consistent Regulation

The Bank for International Settlements (BIS) has released a report, “Stablecoins: Regulatory Responses to Their Promise of Stability,” analysing the

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Entrust Finalises Acquisition of Onfido

Entrust, known for its trusted payment and data security solutions, has finalised its acquisition of identity verification company Onfido. This

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MAS and Mastercard Partner to Strengthen Financial Sector Cybersecurity

The Monetary Authority of Singapore (MAS) and Mastercard have signed a Memorandum of Understanding (MoU) to bolster cybersecurity within the

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Nuvei Secures Payments License from MAS to Expand Offerings in Singapore

Canadian payments firm Nuvei Corporation has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. This

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IOTA and Tenity’s Singapore Accelerator Offers $50,000 Grants to Blockchain Startups

Tenity, in collaboration with the IOTA Foundation, has announced the establishment of the IOTA Accelerator in Singapore. This 12-week initiative

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Money20/20 Asia 2024: Leading Fintech Show Makes Debut in Thailand

Money20/20, a prominent fintech show, will be holding its first Thai edition in Bangkok this year, coming to the Queen

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Crypto Adoption in Southeast Asia is On the Rise

Crypto in Southeast Asia is increasingly popular among investors. The region is home to a complex financial landscape that’s characterized

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ADB to Support Finance Ministers with New ASEAN Climate Finance Platform

The Asian Development Bank (ADB) is set to introduce an ASEAN Climate Finance Policy Platform, aimed at aiding finance ministers

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Ripple Plans to Launch USD-Pegged Stablecoin

Ripple, a provider of enterprise blockchain and crypto solutions, plans to introduce a stablecoin tied directly to the US dollar

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Unmasking the Threat of Deepfake Scams in Asia’s Financial Sector

In the contemporary digital world, the proliferation of deepfake technology and generative AI heralds an era fraught with online scam

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Xoom Users Can Now Use PayPal’s Stablecoin for Cross-Border Transfers

Xoom, a subsidiary of PayPal specialising in cross-border money transfers, has enabled U.S. customers to utilise PayPal USD (PYUSD), a

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Latest 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,

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Airwallex 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

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Over 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

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More 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

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Project 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

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Are 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

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Singapore 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.

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Top 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

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BNPL 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

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Crypto 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

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Singapore 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

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Will 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

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6 Fintech Resources in Asia to Read in Preparation for 2024

In the dynamic world of fintech, staying informed about the latest trends and challenges is crucial for businesses and individuals

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Addressing the Silent Crisis of Failed Payments

In a global financial landscape where efficiency and accuracy are paramount, the challenge of failed payments is a significant hurdle

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Beyond 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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