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How MyInfo Revolutionized Verification Process in Singapore

February 21, 2020

MyInfo made verification process easier than ever for the citizens of Singapore and thanks to BASIS ID every FinTech can now integrate this service into its platform. Know Your Customer or simply KYC remains one of the biggest pains for

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AI

Authenticity in the Era of Deepfakes: The Multi-Layered ZOLOZ eKYC Approach

May 15, 2024

In the last five years, generative artificial intelligence has had a profound impact on the digital landscape, sparking both incredible interest and deep concern. The convergence of exponential increases in processing power, continuous advancements in deep learning and neural networks,

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Australia

Australia’s Embedded Insurance Growth Projected to Outpace Traditional Channels

May 13, 2024

Embedded insurance in Australia is poised for strong growth, driven by various factors related to customer preferences, technological advancements, and industry collaborations. Embedded insurance refers to the integration of insurance products into non-insurance platforms or experiences, such as e-commerce, travel

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Award

Meet the 36 SFF Global Fintech Awards Winners

November 7, 2022

36 companies and individuals have been selected as winners of the SFF Global Fintech Awards 2022 under the theme “Embracing Digital, Charting the New Normal”. The winners, which were announced during the Singapore Fintech Festival’s Fintech Awards Dinner, were selected

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Bangladesh

Huawei and bKash to Advance Financial Inclusion in Bangladesh in line with SDGs

May 3, 2023

In the bustling nation of Bangladesh, home to a vast population, a digital transformation has taken the nation by storm as the mobile financial services (MFS) sector experiences unprecedented growth. Recent data from the central bank reveals that a staggering

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Big Data

Bridging the Gap in Modern Data Management

January 22, 2024

In the fintech industry, where data flows are as crucial as financial currents, adeptly managing vast volumes of information is beneficial and essential. The sector is witnessing a pivotal shift from traditional database systems to more sophisticated and scalable solutions.

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Blockchain

Southeast Asia Shows Strong Interest in “Degen” Crypto Tokens

May 16, 2024

The Philippines has been uncovered to be the leading country in Southeast Asia showcasing overall interest in degen crypto and small cap cryptocurrency tokens, according to an extensive recent update from crypto resource platform CoinGecko. The research study released by

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Brunei

Fintech and Digital Financial Services Gain Momentum in Brunei

April 3, 2024

The significance of fintech is rising within Brunei’s economy, driven by increased efforts from both the public and private sectors to leverage technology to enhance financial services, improve accessibility and drive economic growth. At the Britain Brunei Business Forum’s “Brunei’s

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Brunei Joins Fintech Race

November 7, 2017
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Cambodia

Cambodia Advances Tourism Sector with Blockchain-Based Digital Currency Payments

December 11, 2023

Cambodia is implementing new initiatives to expand payment options for tourists by cementing blockchain-based central bank digital currency (CBDC) partnerships. This effort is part of the country’s broader strategy to update its tourism sector, reflecting the significance of tourism as

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China

Singapore Continues Suspension to Safeguard Remittances to China

March 28, 2024

The Monetary Authority of Singapore (MAS) has announced an extension to the ongoing suspension affecting remittances to China. This suspension, now extended until 30 September 2024, pertains to the use of non-approved channels by remittance companies for transferring funds to

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Cloud

PVcomBank Launches New Mobile App with Temenos and AWS

May 16, 2024

Banking software company Temenos has announced that Vietnam Public Commercial Joint Stock Bank (PVcomBank) has launched PVConnect using Temenos Digital on Amazon Web Services (AWS). This new mobile banking platform PVConnect, which is powered by Temenos Digital, aims to enhance

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Company Announcement

Forex Trading: The Transformational Journey of the Last 20+ Years

November 27, 2023

Forex trading or foreign exchange is the most dynamic and liquid market where currencies are bought and sold globally. Over the past two decades, Forex trading has undergone a spectacular transformation, shifting from a traditional and centralised system to a

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Contests

MatchMove Pay To Tap Into Southeast Asia’s Remittance Market, Hyperledger Wins Innotribe Startup Challenge

October 22, 2015

Exciting things are happening in Singapore. In case you missed it last week, MatchMove Pay, one of the hottest fintech startups in Southeast Asia, was granted a remittance license from Singapore’s central bank to tap into Southeast Asia’s juicy remittance

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Covid19

4 Trends That Will Shape Financial Services in a Post-COVID World

July 19, 2022

The groundswell of digitalisation that forced whole industries and services online in 2020 during the early onset of the COVID-19 pandemic, only continued growing in 2021 despite the return to office-based work and vaccine rollouts across the globe. Corporations, SMEs,

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CreditCards

Useful Life Hacks – How To Improve Your Credit Score Fast?

July 7, 2022

Your credit score is one of the most important numbers in your life. It can determine whether you can get a loan, how much you’ll have to pay for that loan, and even whether you can get a job. A

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Crowdfunding

Digital Lending in Southeast Asia is Key to Solving Its Underbanked Challenge

January 17, 2023

Digital lending in Southeast Asia is a key contributing factor to advancing financial inclusion for both individual and business users, oftentimes arising as the last resort to secure much-needed financing, according to a new report by the Cambridge Centre for

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Crypto

Southeast Asia Shows Strong Interest in “Degen” Crypto Tokens

May 16, 2024

The Philippines has been uncovered to be the leading country in Southeast Asia showcasing overall interest in degen crypto and small cap cryptocurrency tokens, according to an extensive recent update from crypto resource platform CoinGecko. The research study released by

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Digital Assets

Thai SEC Seeks Public Input on Revised Capital Rules for Digital Asset Operators

May 15, 2024

Thailand’s Securities and Exchange Commission (SEC) is calling for public input on proposed regulations concerning capital requirements for securities companies and derivatives business operators involved in digital asset services. These updated regulations aim to align with current market developments, ensure

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Digital Banking

Trust Bank’s 0% FX Fees Result in Over S$18 Million in Customer Savings

May 20, 2024

Singapore’s digital bank Trust shared that its customers have saved over S$18 million on foreign currency transactions in the past year, thanks to the bank’s 0% foreign exchange fee policy. The data revealed that Trust Bank cards were used more

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Digital Transformation

Banking Data Monetization: Customer Demands, New Rules, and Revenue Prospects

May 20, 2024

Data monetization in the banking sector has become increasingly prevalent in recent years, driven by evolving customer expectations, new data sharing rules and opportunities for new revenue streams. Twimbit, a Singaporean research and advisory firm, identifies data monetization as one

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E-commerce

Atome’s BNPL Payment Option Now Available on Taobao Singapore

May 14, 2024

Buy Now, Pay Later (BNPL) firm Atome has partnered with online shopping platform Taobao Singapore to introduce its payment option for local shoppers. The new BNPL payment feature is now available on the Taobao mobile app. Shoppers need an existing

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e-Commerce Fraud Blog

Are You Protecting Your Digital Wallet Users From Fraud?

January 20, 2022

As more users adopt them, fully digital payment methods like e-wallets are becoming increasingly vulnerable: fraud can creep in before and during transactions. More than 140 million people adopted digital wallets in 2019 globally. This number is only projected to increase in

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E-wallets

Thai PM Launches Digital Wallet to Disburse US$14 Billion in Q4 Economic Stimulus

April 17, 2024

Prime Minister Srettha Thavisin has officially launched a new digital wallet scheme in Thailand aimed at benefiting approximately 50 million citizens to energise the country’s economy. Initial reports indicated that the launch would be in May. According to Thailand Business

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Economy

4 Tips to Pay Off Your Debt Without Being Overwhelmed

January 19, 2023

Are you struggling to pay off your student debt loans amid rising interest rates and increasing financial insecurity? Paying off debt can prove overwhelmingly stressful, especially if you spend uncontrollably and struggle to control your urges. Millions of Americans struggle

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Events

APAC Leaders Convene at Huawei Congress to Discuss Digital Growth

April 29, 2024

The Huawei Digital and Intelligent APAC Congress, co-hosted by Huawei and the ASEAN Foundation, recently concluded in Bangkok, drawing over 2,000 participants from 15 Asia Pacific nations. The event featured discussions on advancing digital and intelligent infrastructure in the region.

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Financial Inclusion

IFC Invests US$150M to Propel MSME Growth in Indonesia, Thailand

April 30, 2024

The International Finance Corporation (IFC) has partnered with KB Kookmin Card (KBC), a South Korean credit card issuer, to enhance financial access for small businesses in Indonesia and promote digital inclusion in Thailand. The financing agreement allocates a total of

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Fintech IPO

5 Asia Pacific Fintech Firms Eyeing an IPO Earliest in 2024

February 28, 2024

The fintech industry in the Asia Pacific region is booming, with several high-growth companies potentially eyeing an initial public offering (IPO) as early as 2024. Rapid digitalisation, a young internet-savvy population, and underserved markets make the region ripe for fintech

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Fintech Opinion Leader

Banking Consumers Want Financial Empowerment, Not Just Apps

June 2, 2021

Consumers don’t just want shiny apps and digital banking, they want to feel that their bank is a partner who can help them reach financial empowerment. That is the finding of a new ethnographic study by Finastra, which has gone

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Fintech Security Leader

Bad Bots Keep Their Eyes on the Money

April 6, 2021

If you could look like a million people, what kinds of crimes could you commit? Today’s fraudsters have access to enormous resources and pretend to be a whole horde of people with nearly limitless options at their disposal to mask

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Fintech Startup of the Week

CardUp Allows You to Pay Your Rent, Tax, Insurance and More With Your Credit Card – and Earn Additional Rewards

June 19, 2020

COVID-19 continues to spread in Singapore with 257 new reported cases, bringing the national total to 41,473, including 26 deaths, according to latest data from the Ministry of Health, dated June 18. As a result of the pandemic and ensuing

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Funding

Osome to Focus on Automation and AI with New US$17 Million Funding

May 20, 2024

Osome, a finance administration platform for small and medium enterprises (SMEs), has announced the completion of its Series B funding round, raising over US$17 million in a combination of equity and debt. This funding came from both new and existing

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Green Fintech

Temenos and Microsoft Azure Power More Efficient, Greener Banking Platform

May 15, 2024

Banking software company Temenos has announced a new sustainability benchmark for its cloud-native banking platform on Microsoft Azure, highlighting its efficiency in managing digital transaction demands while aiding banks in achieving sustainability goals. The benchmark, which used Temenos Retail Enterprise

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Healthtech

Doctor Anywhere Secures USD38.8 Million Funding and Announces Acquisition

December 22, 2022

Doctor Anywhere (DA), a regional tech-led healthcare company headquartered in Singapore, announced that it has acquired Catalist-listed Asian Healthcare Specialists , an integrated healthcare provider in Singapore. Asian Healthcare Specialists is a group of 14 medical specialists, with a patient-first

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Hong Kong

HashKey OTC Gets In-Principle Nod for DPT Services in Singapore

February 29, 2024

HashKey Technology Services, the over-the-counter (OTC) trading division of the HashKey Group, has secured in-principle approval from the Monetary Authority of Singapore (MAS) for its application for a Major Payment Institution license. This license will enable HashKey OTC to provide

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India

Binance and Kucoin Approved to Provide Virtual Asset Services in India by FIU

May 13, 2024

The Financial Intelligence Unit (FIU) of India has granted approval to the cryptocurrency exchanges Binance and Kucoin to operate as Virtual Asset Service Providers (VASPs) in the country, according to the Economic Times. Vivek Aggarwal, Director of FIU-IND, confirmed the

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Indonesia

OCBC Completes Acquisition of PT Bank Commonwealth Indonesia

May 2, 2024

OCBC Bank has officially completed the acquisition of PT Bank Commonwealth Indonesia through its Indonesian subsidiary, PT Bank OCBC NISP Tbk, as of 1 May 2024. The deal transfers 100% ownership of PT Bank Commonwealth Indonesia to OCBC, making it

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Infographic

Fintech Infographic of the Week: Making Investing More Accessible with Decentralized Finance

July 18, 2019

Across the globe, access to financial markets diverges dramatically from one country to another. While in the US about 52% of people are investing in the stock market, in emerging countries like India and Mexico, the figure drops significantly with

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Innovation

Banking Data Monetization: Customer Demands, New Rules, and Revenue Prospects

May 20, 2024

Data monetization in the banking sector has become increasingly prevalent in recent years, driven by evolving customer expectations, new data sharing rules and opportunities for new revenue streams. Twimbit, a Singaporean research and advisory firm, identifies data monetization as one

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InsurTech

5 Cutting-Edge Insurtech Solutions from Singapore to Know About

May 16, 2024

The insurtech market in Singapore has been attracting increasing investment in recent years as investors recognise the industry’s potential to disrupt the traditional insurance sector. One of the main reasons for this increased investment is the strong government support for

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IOT

Navigating Technology’s Impact on Revolutionizing Storage Solutions

January 15, 2024

As we continue to create and acquire more items in our lives, the need for efficient and effective storage solutions becomes more critical. From simple shelving units to complex climate-controlled storage facilities, there’s an extensive array of options available to

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Jobs

Fintech Layoffs Rock Asia in 2023: Who’s Next?

July 21, 2023

The fintech industry in Asia has been experiencing a wave of layoffs in 2023 as several companies grapple with economic uncertainties, market downturns, and the need for cost-cutting measures.  From Singapore to Hong Kong, prominent fintech players have been forced

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Kazakhstan

Is Kazakhstan The Next Hot Spot for Fintech?

April 2, 2024

Over the past years, venture capital (VC) funding in Caucasus and Central Asia (CCA) has increased substantially, growing by more than fivefold between 2018 and 2023, a new report produced by RISE Research in cooperation with EA Group and BGlobal

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Korea

KakaoBank to Snap Up 10% Stake in Indonesia’s Superbank

October 10, 2023

KakaoBank, a South Korean digital-only bank, is set to acquire a 10% stake in Superbank, a new digital-focused bank in Indonesia formerly known as Bank Fama. Superbank is backed by a consortium comprising Grab, Singtel, and Emtek Group. It is

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Laos

Laotian Super-App Gears up for Cambodia Expansion

August 31, 2023

Laos’ biggest ride-hailing platform and super-app Loca has teamed up with Confluences, a Phnom Penh-based enterprise which specializes in assisting foreign businesses enter the local market, to expand into Cambodia. The move comes just a few months after the company

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Lending

Atome’s BNPL Payment Option Now Available on Taobao Singapore

May 14, 2024

Buy Now, Pay Later (BNPL) firm Atome has partnered with online shopping platform Taobao Singapore to introduce its payment option for local shoppers. The new BNPL payment feature is now available on the Taobao mobile app. Shoppers need an existing

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Malaysia

Grab’s Digibank Deposits Reach US$479M, Driven by Growth of Malaysia’s GXBank

May 16, 2024

Singaporean multinational technology company Grab Holdings released its unaudited financial results for the first quarter ended 31 March 2024, revealing a significant increase in customer deposits in its digital bank business. Deposits from customers in Grab’s digital bank business were

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Mobile Payment

Singtel to Offer Zip’s BNPL Service Through Its Dash App

February 11, 2022

Singtel is set to launch Australian Buy Now, Pay Later (BNPL) player Zip’s service on its Dash app in Singapore. This new service provides an alternate payment option for Dash customers, giving them the flexibility to choose between paying for

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Mobile Payments

5 Key Drivers Behind Thailand’s Fintech Growth

April 17, 2024

Fintech Thailand is poised for significant growth and development in areas including digital banking, open finance, and startup support. Digital banking is on the horizon, with the first digital banking licenses slated to be issued by mid-2025 and expected to

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Money 20/20 Asia 2024

Money20/20 Asia Concludes Inaugural Event, Sets Stage for 2025 Return

May 9, 2024

The inaugural Money20/20 Asia conference wrapped up its three-day event at the Queen Sirikit National Convention Center in Bangkok from 23rd to 25th April, featuring fintech discussions, international networking and collaborations. The conference drew over 3,000 participants from 87 countries,

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Myanmar

FinbotsAI Expands Footprint to Myanmar via KBZ Bank Partnership

April 16, 2024

FinbotsAI, a Singapore-based fintech company specialising in AI credit scoring, has partnered with KBZ Bank, one of Myanmar’s largest privately-owned bank. This marks KBZ Bank as its first client in the country. KBZ Bank operates over 500 branches and serves

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New Zealand

Nium’s Global Expansion Continues with New Zealand Registration

April 16, 2024

Nium, a real-time cross-border payments platform, has officially become a registered Financial Services Provider in New Zealand. This marks Nium’s first formal entry into New Zealand’s financial market, enhancing its global footprint which now spans over 40 countries. The company’s

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Newsletter

Top Fintech Vietnam News from October 2017

November 7, 2017

Fintech Vietnam Meetup is back with the October 2017 newsletter with all you need to know about Fintech in Vietnam. Last edition, we shared the news of how foreign competitors like Samsung and Alipay are entering the e-payments market. Now with Tencent also seemingly in the fray,

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Online Wealth Mgt

Robo Advisors in Singapore: Which One is Right For You?

April 14, 2021

Robo advisors in Singapore are seeing rapid growth. Robo advisors first emerged in 2008 as a result of the financial crisis. As time passed and digitalisation began to play a more prominent role in society, robo advisors grew in tandem.

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Open Banking

Open Banking Progresses in Southeast Asia

May 17, 2024

The open banking landscape in Southeast Asia is witnessing significant advancements and initiatives. Financial institutions are increasingly acknowledging the benefits of open banking, fintech startups are embracing application programming interfaces (APIs) to introduce new solutions, and consumers are adopting digital

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Pakistan

JazzCash and Fatima Gobi Ventures Partner to Nurture Pakistani Startups

November 17, 2023

JazzCash, a Pakistani-based mobile wallet and branchless banking services provider, will be collaborating with Fatima Gobi Ventures (FGV) to nurture the growth of local startups. FGV leverages conglomerate Fatima Group’s local expertise in Pakistan and Gobi Partners‘ extensive experience in

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Partner Content

7 Startups Graduate From F10 Singapore’s Second Acceleration Batch

December 9, 2021

The F10 Singapore Global Summit that was held on 30th November 2021 marked the end of the 3-month programme for its second acceleration batch featuring 7 startups. GreenArc Capital, New Wealth, Doomoolmori, BlueFire AI, Onchain, Senseforth, and InvestaX will continue

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Payments

Trust Bank’s 0% FX Fees Result in Over S$18 Million in Customer Savings

May 20, 2024

Singapore’s digital bank Trust shared that its customers have saved over S$18 million on foreign currency transactions in the past year, thanks to the bank’s 0% foreign exchange fee policy. The data revealed that Trust Bank cards were used more

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Personal Finance Mgt (PFM)

Long Bridge Securities Singapore Introduces Lifetime Commission-Free Trading for US and HK Markets

January 10, 2024

Long Bridge Securities Singapore, a new-generation socially-driven online brokerage, is pleased to announce its latest campaign offering lifetime commission-free trading and free real-time market data. This makes Long Bridge Securities the first online brokerage in Singapore to offer lifetime commission-free

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Philippines

Alchemy Pay Now Supports AlipayHK, DANA, QRIS, and GCash for NFT Purchases

February 21, 2024

Alchemy Pay, a Singapore-based provider of fiat-crypto payment solutions, has expanded its services in Hong Kong and Southeast Asia through the integration of popular regional payment platforms into its NFT Checkout. This includes AlipayHK, Indonesian digital wallet DANA, Quick Response

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Podcast

10 Fintech Podcasts to Listing to in 2022

June 26, 2022

Over the past decade, podcasts have evolved exponentially, attracting a growing population of professionals to explore new ideas, gain insights and learn directly from industry experts. In the fintech world, podcasts have exploded in number and it can sometimes be

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Project Management

Know About the Role of Alternative Legal Service Providers

May 14, 2024

A main transition has occurred and is still happening in the legal sector, which was recognized for its conventional and conservative procedures. The rise of Alternative Legal Service Providers (ALSPs) is one of the vital forces behind this transformation. By

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Proptech

Rently Debuts in Singapore, Offering Deposit-Free and SingPass-Verified Rentals

January 17, 2024

Rently, a proptech startup in its seed stage, announced that it has officially launched in Singapore. This launch precedes the company’s anticipated Series A fundraising set to occur in Q1 2024. The proptech’s deposit-free rental platform encompasses all aspects of

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Redefining Finance for Good

Redefining Finance for Good: Indonesia’s Largest Bank Reflects on the Future of Banking

September 28, 2020

COVID-19 has been an important catalyst for digital transformation across all industries. In banking, the pandemic has accelerated banks’ digitalization push and triggered a sharp rise in digital payments and digital banking usage. In partnership with Finastra, the Fintech News

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Regtech

Authenticity in the Era of Deepfakes: The Multi-Layered ZOLOZ eKYC Approach

May 15, 2024

In the last five years, generative artificial intelligence has had a profound impact on the digital landscape, sparking both incredible interest and deep concern. The convergence of exponential increases in processing power, continuous advancements in deep learning and neural networks,

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Remittance

Singapore Continues Suspension to Safeguard Remittances to China

March 28, 2024

The Monetary Authority of Singapore (MAS) has announced an extension to the ongoing suspension affecting remittances to China. This suspension, now extended until 30 September 2024, pertains to the use of non-approved channels by remittance companies for transferring funds to

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Security

Mastercard and Salesforce Collaborate to Improve Transaction Dispute Handling

May 20, 2024

Mastercard and Salesforce have announced a new integration aimed at enhancing the transaction dispute process. This collaboration seeks to provide consumers with a safer and more efficient shopping experience by streamlining the resolution of transaction disputes and reducing associated costs.

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Singapore Fintech Festival 2020

All The Major Singapore Fintech Festival Announcements At a Glance

December 14, 2020

The Singapore Fintech Festival (SFF) 2020 took place between December 7 to 11 this year, featuring a unique hybrid format that combined a 24-hour online platform with satellites events around the world. The 2020 week-long fintech gathering included more than

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Singapore Fintech Festival 2021

MAS, Singapore Fintech Association Announces the Winners of SFF Global Fintech Awards

November 12, 2021

The SFF Global FinTech Awards brings together the Fintech Awards previously presented separately by the Monetary Authority of Singapore (MAS) and the Singapore Fintech Association (SFA) at the Singapore Fintech Festival. The theme for this year’s Awards is “Emerging from

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Singapore Fintech Festival 2022

Singapore Fintech Festival 2022 Saw Its Largest Turnout With Over 62,000 Participants

November 14, 2022

The Singapore Fintech Festival (SFF) this year brought together more than 62,000 participants from over 115 countries, emerging as its largest gathering to date since the inaugural edition in 2016. SFF 2022 featured more than 850 speakers from private and

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Singapore Fintech Festival 2023

OTSO Fintech Makes a Strong Impact at Singapore Fintech Festival 2023

January 9, 2024

OTSO FinTech, a trailblazer in the finance technology sector, has proudly showcased its flagship product, SoFinX, at the esteemed Singapore FinTech Festival (SFF) 2023. The festival, a hotbed for innovation and collaboration, was held at the Singapore EXPO from November

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Sponsored

Authenticity in the Era of Deepfakes: The Multi-Layered ZOLOZ eKYC Approach

May 15, 2024

In the last five years, generative artificial intelligence has had a profound impact on the digital landscape, sparking both incredible interest and deep concern. The convergence of exponential increases in processing power, continuous advancements in deep learning and neural networks,

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Sponsored Press Release

WadzPay Plans to Expand Portfolio into Stablecoin Business

May 3, 2024

WadzPay, a leading fintech company specialising in blockchain based technology for virtual asset payment solutions, is proud to announce its plan to enter the Stablecoin business, marking a significant expansion of its offerings. With a steadfast commitment to innovation and

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Sri Lanka

Alipay+ Now Supports LankaPay for Cross-Border Digital Payments

October 23, 2023

Alipay+ and LankaPay have signed a Memorandum of Understanding (MoU) to enhance inbound and outbound travel experience through cross-border digital payments. The partnership will enable users of Alipay+ payment partners to make cashless payments at over 400,000 LankaQR merchants across

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Studies

The Rise of the Gaming Industry: A Segment That Fintech Cannot Ignore

May 15, 2024

Gaming has emerged as a dominant force in the bustling landscape of global entertainment, transforming from a niche hobby into a mainstream phenomenon. The evolution of the gaming industry is not just about the latest consoles or the most immersive

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Thailand

Alipay+ Deepens Tourism Partnership With Thailand to Launch New Digital Features

May 16, 2024

The Tourism Authority of Thailand (TAT) and Alipay+, a cross-border mobile payment and digitalisation platform by Ant International, have expanded their partnership with new developments to attract more tourists to Thailand and enhance their travel experience. Thailand remains a top

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Top Picks

Bank of Thailand Concludes Retail CBDC Pilot Programme, Reveals Key Findings

May 8, 2024

As digital technologies continue to transform the financial landscape, central banks worldwide are exploring the potential of Central Bank Digital Currencies (CBDCs). Thailand, under the guidance of the Bank of Thailand (BOT), has been at the forefront of this movement,

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Trade Finance

IFC, DBS Address Trade Finance Gap with US$500 Million Programme

April 2, 2024

The International Finance Corporation (IFC) and DBS Bank have unveiled a US$500 million financial initiative aimed at enhancing trade in emerging markets. This collaborative effort is part of IFC’s Global Trade Liquidity Programme (GTLP) and seeks to increase capital and

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Trading

WadzPay Plans to Expand Portfolio into Stablecoin Business

May 3, 2024

WadzPay, a leading fintech company specialising in blockchain based technology for virtual asset payment solutions, is proud to announce its plan to enter the Stablecoin business, marking a significant expansion of its offerings. With a steadfast commitment to innovation and

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What Is Litecoin Mining?

March 20, 2024
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Travel

Dayuse: Redefining Luxury Hospitality for the Budget-Conscious Traveler

April 4, 2024

In today’s fast-paced world, where time is a precious commodity, the concept of day stays in hotels has gained significant popularity. Dayuse, a pioneering platform in the hospitality industry, has capitalized on this trend by offering individuals the opportunity to

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Various

Sacombank Reportedly Planning 33% Stake Sale to Raise Up to US$880 Million

May 20, 2024

Vietnamese lender Sacombank plans to sell a 33% stake by the end of the year, aiming to raise between US$840 million and US$880 million, according to DealStreetAsia. The bank, listed in Ho Chi Minh City, intends to offer the shares

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Vietnam

Sacombank Reportedly Planning 33% Stake Sale to Raise Up to US$880 Million

May 20, 2024

Vietnamese lender Sacombank plans to sell a 33% stake by the end of the year, aiming to raise between US$840 million and US$880 million, according to DealStreetAsia. The bank, listed in Ho Chi Minh City, intends to offer the shares

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Wealthtech

Deutsche Bank Joins MAS’ Project Guardian to Explore Asset Tokenisation

May 15, 2024

Deutsche Bank has announced its participation in the Monetary Authority of Singapore’s (MAS) Project Guardian. This initiative focuses on exploring the potential of asset tokenisation in regulated financial markets. Project Guardian, a multi-year effort, involves collaboration between global policymakers such

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World news

The Silicon Valley Bank Collapse, Contagion, and Containment

March 14, 2023

The collapse of Silicon Valley Bank (SVB) has sent shockwaves throughout the global economy. SVB was the parent bank that focused on tech startups, and its failure announced on Friday, 10 March is the biggest since the 2008 financial crisis.

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