Posts From Fintech News Singapore
Singlife With Aviva Is Now a UN Sustainability Signatory
Homegrown insurer Singlife with Aviva announced that it has become an official signatory of the United Nations’ Principles for Sustainable Insurance (PSI), a global sustainability framework and initiative of the United Nations’ Environment Programme Finance Initiative (UNEP FI). Singlife is
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Google Wallet Is Now Available in Singapore as a Standalone App
Google Wallet is now available as a standalone app for the Singaporean users as a complementary experience to Google Pay. This digital wallet for Android and Wear OS standardises the way users save and access essential items such as vaccine
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ForgeRock: Phishing Scams Were the Biggest Contributor to Singapore’s Cyber Attacks
ForgeRock, an identity and access management software company, found that Singapore had witnessed a 43% increase in cybercrime year over year according to the findings from its 2022 Consumer Identity Breach Report, The report noted that the largest contributing factor to
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Social Trading: The Hot New Trend?
One of the great things about the rise of online trading and investment is that it has never been easier for individuals to take control of their financial future and to invest directly in the financial markets. However, while access
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MAS to Broaden Focus On Crypto Regulations to Include Consumer Protection
The Monetary Authority of Singapore (MAS) is set to take a more comprehensive approach to crypto regulations and is targeting to consult on proposed measures in the next few months. According to Ravi Menon, Managing Director of MAS, the regulator
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Okta Names Ben Goodman as SVP and General Manager for APAC
Okta, a publicly traded identity and access management firm, announced that it has appointed IT industry veteran and senior business executive Ben Goodman as SVP and General Manager for Asia Pacific (APAC). Goodman will preside over Okta’s entire business operations
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Global Embedded Banking Revenue Expected to Reach US$160B by 2025
Despite it being a relatively recent concept, embedded finance has grown rapidly in recent years. The trend is expected to rise further moving forward, with digital consulting company Publicis Sapient forecasting an annual growth rate of 41% in global embedded
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Singapore’s Fintonia Secures Provisional Virtual Assets License in Dubai
Singaporean crypto fund manager Fintonia Group announced that it has secured a provisional virtual asset license granted by the Dubai Virtual Assets Regulatory Authority (VARA). The license allows Fintonia to participate in Dubai’s digital assets ecosystem by operating crypto native
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Advance Intelligence Group Acquires eKYB Firm Jewel Paymentech
Advance Intelligence Group, a Singapore-based AI-driven technology company, announced its acquisition of Jewel Paymentech which specialises in merchant due diligence, fraud and risk management solutions for the financial services and payments industry. Details of the deals was not disclosed. The
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NFT Marketplace OpenSea to Slash 20% Of Its Workforce
OpenSea, a non-fungible token (NFT) marketplace, will be laying off about 20% of its staff citing the crypto winter and broad macroeconomic instability as the reason according to a tweet by Co-founder and CEO Devin Finzer. He said that those
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