Posts From Fintech News Singapore
Crypto.com to Issue Credit Cards With Crypto Capabilities in Singapore
Crypto.com is now a Visa associate programme member in Singapore, enabling the company to initiate self-issuance of the Crypto.com Visa card in the country. The Crypto.com Visa Card comes with a cryptocurrency capability and is accepted by more than 80
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HashKey Capital Secures In-Principle Approval CMS License
HashKey Capital announced at the Singapore Fintech Festival that it has received in-principle approval for the Capital Markets Services license from the Monetary Authority of Singapore. A full Capital Markets Services license would allow the company to conduct fund management
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Five Takeaways Banks Need to Consider for Their Trade Finance Platforms
Asia Pacific accounts for 55% of the global trade finance’s volume. As the region’s trade grows, so does the financing gap. The high cost-to-serve, perceived risks, legacy systems and processes has left US$700 billion worth of unmet demand in emerging
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Manulife Uses STACS’ ESGpedia to Monitor Its Sustainable Investments
Insurance group Manulife’s wealth management arm has partnered with Singapore-based ESG fintech STACS to monitor the underlying quality of its sustainable investments. Manulife will leverage STACS’ ESGpedia to monitor its investments in sustainability-labelled bonds through visibility of the underlying certifications
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Ravi Menon Lays Out Singapore’s Crypto Hub Ambitions at SFF 2022
Singapore wants to be a crypto hub, but only if it means being a hub for sound and well-regulated tokenised and digital assets with value-adding use cases, according to the Monetary Authority of Singapore (MAS). This means discouraging retail investment
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Grab Participates in StraitsX’s Pilot Use of Tokenised Digital Vouchers at SFF 2022
Fazz financial group’s StraitsX and Grab are testing the issuance of Purpose Bound Money (PBM) with 5,000 trial participants during Singapore Fintech Festival (SFF) as one of four trials under MAS’ Project Orchid. Participants will be able to utilise PBM
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Alipay+ Announces 2.5 Million Merchant Milestone at Singapore Fintech Festival
Ant Group’s Alipay+ announced during the Singapore Fintech Festival 2022 that its merchant coverage has more than doubled to 2.5 million merchants. By sector, this includes over 1,000 online platforms, 10 major airports, 90,000 convenience stores, 360,000 restaurants, 200,000 taxis,
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Brunei’s Baiduri Bank Selects Temenos to Make Its Cloud Move
Brunei’s Baiduri Bank has partnered with banking software company Temenos to operate its core banking platform in the cloud under the SaaS model. The bank claims to be the first in Brunei to do so. Through this partnership, the bank
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Ant Group Launches Alipay+ Digital Store Solutions
Ant Group has officially launched Alipay+ D-store, a digitalisation solution for the service industry and brick-and-mortar businesses, at the Singapore Fintech Festival 2022. Alipay+ D-store is described as a solution which businesses can use to build digital stores across multiple
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Google Cloud Establishes Advisory Board for Its Point Carbon Zero Programme
Google Cloud has announced three key updates under the Point Carbon Zero Programme in today’s Singapore Fintech Festival 2022. Jointly launched with the Monetary Authority of Singapore (MAS) in July, the programme aims to catalyse the incubation and adoption of
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