Posts From Fintech News Singapore
Sephora Singapore Ropes in Atome to Offer Buy Now, Pay Later Payments
French beauty retail giant Sephora Singapore has partnered with Atome, a buy now, pay later service, to offer customers flexible payment options across its e-commerce website, mobile app as well as physical stores in Singapore. Atome launched its service in
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ICBC (Macau) Picks Huawei All-Flash Storage to Support Online Banking Boom
Since the outbreak of COVID-19, contactless payments have soared and digital banking adoption has increased dramatically. In Q1 2020, MasterCard recorded more than 40% growth in contactless transactions globally. In the US, which has traditionally lagged other countries in digital
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DBS Makes Radical Shifts To Adapt to The Future of Work
DBS announced that it will be rolling out a series of initiatives to adapt to the future of work by addressing the massive changes brought about by COVID-19. These initiatives are a result of insights gathered from research, deep-dive experiments
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Lu International, KASIKORNBANK Launched Online Wealth Management Platform FinVest
Lu International, a subsidiary of Chinese personal financial services platform Lufax Holding, and KASIKORNBANK have launched FinVest, an online wealth management platform. They had announced their partnership back in August, teasing the release of the platform. The new digital investment
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SingSaver Appoints New Country Manager from CompareAsia Group
Personal finance platform SingSaver has appointed Henry Sewell as its new Country Manager to oversee and lead growth and business across all functions. At SingSaver, Sewell’s remit includes diversifying and growing SingSaver’s financial wellness offerings while continuing to strengthen relationships
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Thunes Makes Key Appointments to Its Board of Directors
Thunes, a Singaporean cross-border payments network, announced the appointments of Sunil Sabharwal and Ali Mazanderani to its Board of Directors. Both will also take up chairmanship positions at the company, Sabharwal as Chairman of the Audit and Regulatory Committee and
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Fraud Attacks Increase Amid Rising Digital Banking Adoption
The COVID-19 pandemic and the measures put in place to limit the spread of the virus have drastically accelerated adoption of digital banking and contactless payments. Across Southeast Asia, banks have ramped up their digital efforts to respond to the
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MAS and Philippines Central Bank Commit to Promote Data Connectivity, Info Sharing
Bangko Sentral ng Pilipinas (BSP) and the Monetary Authority of Singapore (MAS) have committed to work together to promote data connectivity in financial services in a joint statement. Both regulators recognise that the ability to aggregate, store, process, and transmit
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COVID-19 Impact Accelerates IoT Projects in Singapore
Companies in Singapore have identified the Internet of Things (IoT) as a key priority to address the impact of the COVID-19 pandemic, a new study by Vodafone Business has revealed. According to Vodafone Business’ IoT Spotlight 2020 report, 86% of
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Enterprise Open Source and the Future of Banking
Financial services are in the midst of a profound digital transformation, driven by technological advances, changing customer expectations, and the COVID-19 pandemic. The ongoing public health crisis has accelerated the shift to digital, and at this point, it is safe
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