Posts From Fintech News Singapore
The Rise Of Scams. How To Protect The Customer And Fintech Reputation?
Australia has a reputation for being a place where every animal and insect is out to get you. That’s a massive misconception. In fact, only 66 venomous species live in Australia, while countries like Mexico and Brazil have around 80.
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Airwallex Rolls Out Startup Support Programme in Australia
Global payments firm Airwallex has launched “Airwallex for Startups,” a new initiative aimed at supporting the growth of Australian startups. The programme offers a variety of resources, including practical financial management tools, networking opportunities, and content designed to help new
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AIA Singapore Opens New Wealth Centre for High-Net-Worth Clients
AIA Singapore recently inaugurated its AIA Wealth Centre at Six Battery Road as part of its strategy to serve the affluent and high-net-worth (HNW) individuals and families in the region. The opening event was graced by Gillian Tan, Assistant Managing
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MAS Ends Six-Month Restriction on DBS, Retains Additional Cap Requirement
The Monetary Authority of Singapore (MAS) has declared it will not extend the six-month restriction previously placed on DBS Bank. The pause, which spanned from 1 November 2023, to 30 April 2024, aimed to focus the bank on enhancing the
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Binance Founder Zhao Receives Four-Month Sentence, Start Date Yet to Be Set
Changpeng Zhao, the founder and former CEO of Binance, the world’s largest cryptocurrency exchange, has been sentenced to four months in prison by U.S. District Judge Richard Jones in Seattle, according to Bloomberg. The sentence comes as a conclusion to
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HSBC Group CEO Noel Quinn Announces Retirement
HSBC Group’s Chief Executive Noel Quinn is set to retire, marking the end of a near five-year stint at the helm of the banking giant. The bank said in a statement that it has achieved notable milestones, including record profits
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IFC Invests US$150M to Propel MSME Growth in Indonesia, Thailand
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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Ravi Kaushik to Lead Flourish Ventures’ Fintech Portfolio in India and SE Asia
Flourish Ventures, an early-stage venture capital firm, has announced the appointment of Ravi Kaushik as its new Executive Director, Head of Asia Investments. In his new role, Kaushik will oversee the firm’s fintech investments and portfolio management across India and
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APAC Leaders Convene at Huawei Congress to Discuss Digital Growth
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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Money20/20 Asia 2024: Event Recap and Main Announcements
Money20/20 Asia made its debut in Bangkok on April 23, 2024, bringing together key players from across Asia’s financial landscape, including banks, payment providers, startups, retailers, fintech companies, and regulators. Over three bustling days of non-stop activities and content sessions,
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