Posts From Fintechnews Singapore

hoolah Launches Buy Now Pay Later Solution for Physical Stores in Singapore

Singapore-based hoolah extended Buy Now Pay Later to an in-store solution that offers consumers the option of completing their purchases in three separate 0% interest monthly payments. This solution helps merchants solve some of their biggest challenges around driving conversion

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Mastercard Launches Central Bank Digital Currencies Testing Platform

Mastercard announced a proprietary virtual testing environment for central banks to evaluate Central Bank Digital Currencies (CBDC) use cases. The platform enables the simulation of issuance, distribution and exchange of CBDCs between banks, financial service providers and consumers. As every

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Funding Societies Appoints Ex-GoBear Co-Founder as CFO

P2P financing platform Funding Societies, announced today, key additions to its executive team including former GoBear Co-Founder, Frank Stevenaar as its first Chief Financial Officer. Frank will be overseeing Funding Societies’ finance operations, boosting its fundraising efforts, and strengthening its

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Huawei Developer Conference 2020 to Discuss HarmonyOS, HMS Core 5.0, EMUI 11, Fintech, and More

From September 10 to 12, 2020, Huawei will be hosting its annual developer conference, a multi-day event expected to bring together more than 400 industry veterans and over 500 tech firms to discuss the latest trends and technologies set to

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Singapore-Based Thunes Raises US$60M in Series B Funding

Singapore-based Thunes, a B2B cross-border payments network, raises US$60 million in Series B funding round led by Africa-focused Helios Investment Partners. Additional investors include Checkout.com as well as existing investors GGV Capital and Future Shape. Thunes was previously a part

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3 Hurdles Vietnam has to Overcome to Become a Fintech Leader

The fintech industry has been growing steadily in Vietnam, fueled by increasing smartphone and Internet penetration, the country’s young population, and its rising middle class. According to the lastes Fintech Map  the number of fintech companies in Vietnam has increased

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Banks View Digitising Trade Finance as a Top Priority

Around the world, banks are reconsidering their trade finance business model, viewing digitalization as one of the most important trends that will shape the industry in the coming years, according to a new survey. The International Chamber of Commerce (ICC)

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Evolving Regulatory Landscape Pushes Wealth Managers Towards Regtech Specialists

The rapidly changing regulatory landscape is pushing wealth and asset management companies to turn to specialist regtech providers, experts said. In a webinar that took place on August 25, 2020, Ralf Huber, co-founder of Swiss regtech firm Apiax, and Claire

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Going Contactless in the Light of COVID

The current pandemic situation across the world is known to many by the back of their hands. There is no doubt that major cities at this stage, some at lockdown and while others are slowly reopening up their economies, are

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Redefining Finance for Good: How DBS Responded to the Pandemic

The COVID-19 pandemic has no doubt shifted consumer behaviours dramatically, pushing businesses from across sectors to adapt to these new changes. Banks are similarly impacted by these changes as well. In partnership with Finastra, we’re running a series of interviews

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