Posts From Fintech News Singapore
Global E-Commerce Revenues Surge; Asian Nations Lead in Growth Rate Ranking
Global e-commerce sales have surged amid the COVID-19 pandemic, with China, Hong Kong, South Korea, Vietnam, India and Japan recording amongst the highest revenue growth rates in the world, a Payoneer whitepaper says. Chinese sellers saw sales volumes surged 65%
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BearingPoint Expands Regtech Solution to Help Firms Comply With Latest MAS Module
BearingPoint RegTech, a Netherlands-based regtech solution provider, has further expanded its end-to-end solution ABACUS/Transactions with a new MAS module. The MAS module helps firms comply with their derivative reporting requirements imposed by the Monetary Authority of Singapore (MAS) and digitalise
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MAS Doubles Down on Green Finance With the 6th Global Fintech Hackcelerator
The Monetary Authority of Singapore (MAS) announced the launch of the 6th edition of the Global Fintech Hackcelerator, with the theme “Harnessing Technology to Power Green Finance”. The competition, supported by Oliver Wyman, seeks to unlock the potential of fintech
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Hewlett Packard Enterprise Expands HPE GreenLake With New Data Services Platform
Hewlett Packard Enterprise, an American multinational enterprise information technology company, has expanded its consumption-based IT model HPE GreenLake with storage as-a-service business transformation. HPE unveiled a data services platform that delivers on its Unified DataOps vision for a new data
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Adyen Singapore Secures MAS’ Major Payments Institution License
Global payments platform Adyen announced that its Singapore entity has received approval from the Monetary Authority of Singapore (MAS) to carry out merchant acquisition services under the Payment Services Act 2019 (PSA). Effective from 1 May 2021, Adyen Singapore‘s license
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FICO: 68% Of Singaporeans Prefer Digital Banking Channels During Financial Hardship
Over the past year, companies have had to accelerate their digital transformation just to survive. Their investments were essential to retain customers, do business remotely, keep orders flowing and manage supply chains. FICO commissioned The Asian Banker to survey more
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Fintech Founders Dominate 2021 Forbes 30 Under 30 Asia in Finance and VC Category
In this year’s Forbes 30 Under 30 Asia list, fintech founders and co-founders are dominating the Finance and Venture Capital (VC) category. Among the 30 entries, 13 are either the founders or co-founders of fintech companies, while four are fintech
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24 Upcoming Fintech Webinars and Online Events in Asia Pacific
Fintech webinars and online events continue to attract a large audience of industry stakeholders and professionals looking to network and keep up with the rapidly evolving landscape, all the while remaining safe and healthy at a time when the COVID-19
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Online Identity Verification Company Jumio Records Drop in New Account Fraud
Jumio, a leading provider of AI-powered end-to-end identity verification and eKYC solutions, said fraud rates for new account openings decreased in 2020, a trend that could be explained by rising adoption of verification methods like selfie and live capture requirements.
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CGS-CIMB Issued S$150-Million Commercial Paper in Digital Securities on iSTOX
CGS-CIMB Securities International, an integrated financial service provider in Asia, and digital securities platform iSTOX announced the issuance of a short-term debt instrument in the form of digital securities. The S$150-million (US$112-million) multi-tranche commercial paper will be used to fund
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