Posts From Fintech News Singapore
Airwallex Rolls Out Virtual Business Debit Cards and Expenses Solution in Singapore
Global fintech Airwallex announced the launch of its Airwallex Borderless Card for its Singaporean customers today. The Airwallex Borderless Card is a virtual multi-currency Visa business debit card that enables businesses to easily make online card payments anywhere that Visa
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Indonesia’s Incumbent BRI Pushes BRImo Mobile App as Part of Its Digital Banking Drive
Bank Rakyat Indonesia (BRI), one of Indonesia’s oldest and largest financial institutions, has embarked on a major digital transformation plan by embracing data, innovative technology and industry partnerships to address changing customer expectations. BRI’s big digital push takes the form
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SC Ventures Partners SBI Holdings to Expand Investment Portfolio and Global Footprint
Standard Chartered’s innovation, fintech investment and ventures arm SC Ventures announced that it had entered into a memorandum of understanding (MOU) with SBI Holdings. The MOU was inked to expand both their portfolios at a business and geographic level as
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Coinhako Secures Full License to Offer Crypto Services
Singaporean cryptocurrency platform Coinhako announced that it has been granted a full license to provide Digital Payment Token (DPT) Services under the Payment Services Act (PSA) by the Monetary Authority of Singapore (MAS). Coinhako said in a statement that obtaining
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Combating Fraud While Creating a Frictionless Payment Experience
Online shopping, which was already experiencing massive surges prior to the pandemic, added hundreds of millions more e-commerce customers over the last two years, as both merchants and buyers pivoted online to survive while social distancing. A Google-Bain report found
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Finastra Managed Services Is Now Available on Amazon Web Services’ Cloud
Financial services software and cloud solutions provider Finastra announced the launch of Finastra Managed Services (FMS) on Amazon Web Services (AWS). This move will enable banks and financial institutions to access FMS in the AWS cloud. According to Finastra, the
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UOB’s FinLab Shines Focus On ESG With The Greentech Accelerator
UOB’s innovation accelerator The FinLab has unveiled The Greentech Accelerator, a new global programme aimed at supporting innovative greentech solution providers regionally and globally to drive their company’s sustainable mission forward. As part of the first cohort, the programme will
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Technology Is Changing Retail Investing & Trading
Technology is taking over the financial markets, and some aspects of decision making are now handled by machines; for retail investors, as well as traders. Machine learning and artificial intelligence technology have democratized retail investing and trading, forcing many brokers
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Central Bank Digital Currencies Not a Silver Bullet for Financial Inclusion, BIS
While central bank digital currencies (CBDCs) have the potential to increase financial inclusion by lowering financial access barriers, they aren’t a silver bullet and must be part of a broader suite of tools and strategy that focuses on promoting universal
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Here Are The Top Trends Shaping India’s Payment Scene
India’s digital payments space has seen a massive boom over the past few years, a growth that’s been supported by an expanding e-commerce marketplace and the wider availability of acceptance infrastructure at physical stores. Building on the rise in digital
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