Posts From Fintech News Singapore
eKYC Firm Jumio Secures $150 Million From Great Hill Partners
Jumio, a provider of AI-powered end-to-end identity verification and eKYC solutions, today announced it secured a $150 million investment from Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies. This infusion represents the single largest funding
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Reports of the Death of Challenger Banks Are Greatly Exaggerated
Against the backdrop of the cacophony of noise and emerging trends in Asia, it’s difficult even for the keenest of observers to determine what trends will shape the future of fintech in Asia. On the 6th episode of Fintech Fireside
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Ripple Appoints Former Uber Exec to Lead Southeast Asian Operations
Ripple announced the appointment of Brooks Entwistle as Managing Director of Southeast Asia to lead and scale the company’s operations in the region. Based out of Ripple’s Southeast Asia headquarters in Singapore, Brooks Entwistle brings three decades of senior management
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APAC Insurers Must Ramp up System Modernization Efforts
The COVID-19 pandemic has accelerated the adoption of digital technologies in all sectors and across all regions. In Asia Pacific (APAC), insurers have recognized the importance of system modernization for the long-term success of their business. Yet, most are still
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OCBC Bank Rolls Out Face Verification for ATM Banking Transactions
OCBC Bank has introduced the use of facial biometrics for ATM services, eliminating the need to carry around an ATM card. The bank claims to be the first in Southeast Asia to enable the use of face verification on its
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Digital Wealth Advisor Endowus Offers ESG Portfolios for Retail Investors
Singapore-based digital wealth advisor Endowus has launched its Environmental, Social, and Governance (ESG) portfolios, to pave the way for retail investors to gain access to better sustainable investing options. Fund managers include J.P. Morgan Asset Management, Natixis-Mirova, PIMCO, Schroders and
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Behind Singapore’s Ambitions to be Asia’s Leading Centre for Green Fintech
Singapore is looking to leverage its position as one of the world’s most developed fintech markets to become a leader in green fintech, a vision part of a broader movement for the nation to become sustainable. During a speech at
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Digital Identity Firm Callsign Chooses Singapore as APAC Headquarters
Callsign, a London-based artificial intelligence-driven identity and authentication solutions provider, has named Singapore as its headquarters for the Asia Pacific region which will expand throughout 2021. Callsign has chosen Singapore as the Asia Pacific headquarters due to the increase in
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Wise Appoints Grab’s Co-Founder Tan Hooi Ling To Its Board
Wise, a London-based online money transfer service formerly known as TransferWise, has made two recent appointments to its board of directors, one of it being Tan Hooi Ling who is the Co-founder of South East Asian superapp Grab. The other
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Indian Fintechs Ride Digital Payment Wave to Expand to Lending, Wealth, Insurance
With approximately 200 million active users and 30 million merchants, Indian payment players are now riding the growth of digital payments to expand to other financial segments beyond their core offerings, including wealth management, insurance and lending, says a new
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