Posts From Fintech News Singapore
DBS, OCBC and UOB Carve Out a Place on the Sustainability Perceptions Index
DBS Group, Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank (UOB) were the three Singapore banks that managed to snag a place on the Brand Finance Sustainability Perceptions Index. The study, which was released in association with the International Advertising
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Finastra Partners With Integro Technologies for Frictionless Trade Finance
Financial services software and cloud solutions provider Finastra has partnered with Aurionpro’s subsidiary Integro Technologies for frictionless trade finance. Banks will now be able to combine Integro’s SmartLender solution’s advanced exposure risk capabilities with Finastra’s Trade Innovation solution’s front-to-back capabilities
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500 Global Appoints Three New Partners to Lead Southeast Asia Growth Plans
Early-stage venture fund and seed accelerator 500 Global has appointed Saemin Ahn, Martin Cu, and Shahril Ibrahim as new Partners to lead its initiatives across Southeast Asia. Saemin brings a decade of experience in growth investing. He was the Founding
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Singapore and India’s Real-Time Payments Linkage Goes Live
The real-time payments linkage between Singapore’s PayNow and India’s Unified Payments Interface (UPI) has officially gone live today. This will enable customers of participating financial institutions in Singapore and India to send and receive funds between bank accounts or e-wallets
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PropertyGuru Appoints CTO Manav Kamboj to Lead Its Fintech Business
Southeast Asian proptech company PropertyGuru announced that its CTO Manav Kamboj will lead its fintech business as Managing Director (MD) with immediate effect. Manav will lead the business, leveraging technology, data, and analytics to drive further digitisation of the home
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Okta Names Neville Vincent as Vice President for Asia
Okta, a publicly traded identity and access management firm, has appointed information technology industry veteran Neville Vincent as Vice President for Asia. In his new role, Vincent will oversee Okta’s business operations, deepen partner links, and lead the company’s expansion
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Siam Commercial Bank Plans to Be a Fully Digital Bank
The Siam Commercial Bank (SCB) has unveiled its plans to become a fully digital bank in wealth management through its “Digital Bank with Human Touch” vision. The bank will be doubling down on its efforts to create “cutting-edge digital products
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MAS Grants In-Principle Approval to Payments Firm Tazapay
Cross-border payments firm Tazapay announced that it has secured an in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This will enable Tazapay to offer account issuance, merchant acquisition, cross border money transfer,
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McKinsey: Asia’s Booming Affluent Segments Introduce New Opportunities in Digital Wealth
In Asia, the wealth of affluent and mass-affluent customer segments is growing rapidly, bringing about new opportunities and growth prospects for banks and wealth managers alike in the region. But to tap into this opportunity, services providers will need to
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Singapore Hits Highest Fintech Funding in 3 Years, Crypto Snagged US$1.2 Billion
Fintech investments in Singapore witnessed a three-year-high of US$4.1 billion across 250 deals according to the KPMG Pulse of Fintech H2’22. 2022’s total deal value here saw a 22 percent increase, up from US$3.4 billion in 2021, and a 75
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