Posts From Fintech News Singapore

HSBC Singapore Opens First of Three Planned Wealth Centres

HSBC Singapore has unveiled its new Wealth Centre, located on the ground floor of Marina Bay Financial Centre Tower 2. This marks the first of three planned wealth centres that HSBC intends to establish in Singapore by early 2025. The

Read More

‘Airwallex for Startups’ Accelerator Expands to Singapore

Global payments firm Airwallex has introduced its ‘Airwallex for Startups’ programme in Singapore, aiming to bolster the local startup ecosystem. Following successful launches in Hong Kong and Australia, the Airwallex for Startups programme in Singapore seeks to assist over 55,000

Read More

Finastra Bolsters Compliance Offerings with Sumsub Integration

Sumsub, a global verification platform, has joined forces with financial software provider Finastra to enhance compliance processes for financial institutions worldwide. This partnership will integrate Sumsub‘s verification and anti-fraud solutions with Finastra’s financial software, benefiting the latter’s 8,500 clients globally.

Read More

NAB Ventures Takes Stake in Digital Asset Custodian Zodia Custody

Zodia Custody, a digital asset custodian backed by major banks, has secured an equity stake investment from NAB Ventures, the venture arm of National Australia Bank (NAB). The sum was not disclosed. This investment sees NAB joining Zodia Custody‘s other

Read More

TerraPay and Thredd to Bolster Virtual Card Payments for Travel Businesses

Payments infrastructure company TerraPay has teamed up with global payments platform Thredd to enhance virtual card payments for global suppliers. This strategic partnership aims to improve payment solutions within the travel industry, providing seamless, secure, and compliant virtual card services

Read More

ZA Tech Rebrands as Peak3, Secures US$35 Million Series A Funding

ZA Tech, a next-gen insurance core system SaaS provider, has rebranded as Peak3 following a US$35 million Series A fundraise led by EQT. Peak3 offers a cloud-native, modular insurance core and distribution system catering to life, health, and property and

Read More

Singapore’s Path Forward for Generative AI

The advancement of generative artificial intelligence (gen AI) has opened up new commercial, social, and technological opportunities. However the development of generative AI in Singapore  is double-edged a new whitepaper by a consortium comprising the Monetary Authority of Singapore (MAS),

Read More

Nuvei to Go Private After Shareholder Approval, Pending Court Approval

Canadian payments firm Nuvei Corporation announced that its shareholders have approved a plan to take the company private in a transaction with Advent International. Under the approved arrangement, Neon Maple Purchaser Inc., an entity controlled by Advent International, will acquire all issued

Read More

8 Most Influential CMOs in Asia Pacific’s Financial Services Sector

Eight CMOs have been named among the most influential and purposeful marketers in Asia-Pacific (APAC), recognized by Campaign Asia-Pacific and DoubleVerify for their ability to adapt to new technologies, address critical issues such as climate change, diversity, equity, and inclusion

Read More

MAS, National Bank of Cambodia Launch Financial Transparency Corridor for SMEs

The Monetary Authority of Singapore (MAS) and the National Bank of Cambodia (NBC) have inaugurated the Financial Transparency Corridor (FTC) initiative to enhance financial cooperation between the two countries, particularly for small and medium-sized enterprises (SMEs). The event, held at

Read More