Posts From Fintech News Singapore
Etiqa Introduces Vehicle Claims using Video Through E-Cleva
Etiqa announced today the launch of E-CLEVA which is short for Etiqa Claims Express Video Assist. The new video-assisted claims service allows for Etiqa’s motor surveyor to interact with the claimant directly and remotely via an audio-video call. In their
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Singapore’s Payment Services Act Expands MAS’ Scope to Regulate Crypto Payments
The Monetary Authority of Singapore (MAS) today announced the commencement of the Payment Services Act (PS Act). The new PS Act will enhance the regulatory framework for payment services in Singapore, strengthen consumer protection and promote confidence in the use
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Australian Cryptocurrency Exchange Launches in Singapore
Australian based cryptocurrency exchange Independent Reserve announced the expansion of its services to Singapore and Asia Pacific. Citing positive moves by Singaporean regulators like the introduction of the Payments Services Act, its CEO and founder Adrian Przelozny felt that it
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London-Based CurrencyCloud Eyeing Singapore Office After Raising US$ 80 Million
London-based B2B cross-border payments platform Currencycloud announced that it has secured an additional US$ 80 million in funding. As part of its Series E funding round, Currencycloud received new backing from leading global institutions such as Visa, International Finance Corporation
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Digital Banking Vendor Backbase Opens New APAC Headquarters in Singapore
Digital banking software provider, Backbase, has today announced the launch of its new regional headquarters in Singapore. Their regional centre in Singapore is intended to strengthen its footprint within the region to ensure greater proximity to their clients in Asia
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How Grab Is Breaking Into the Lending Space in Their Lead up to Be a Digital Bank
Singapore-headquartered superapp Grab has begun offering loans and credit lines to businesses in the city state. Under the GrabFinance brand, the tech company is now providing local small and medium-sized enterprises (SMEs) with quick and accessible funding. Business owners can
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7-Eleven Eyes to Serve Singapore’s Underbanked Through Pay2Home Partnership
The underbanked in Singapore, which includes hundreds of thousands of migrant workers who remit funds as a basic necessity, are often excluded from fintech innovation, unable to access the full benefits of digital services due to a lack of digital
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Top 20 Upcoming Fintech Events in Singapore in 2020
Home to 39% of all fintechs in ASEAN, Singapore is the fintech leader in Asia Pacific (APAC) and the fourth top fintech city in the world, according to the inaugural Global Fintech Index City Rankings 2020 report. Like previous years,
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DBS’ QR Ang Bao Solution Now Open to All Singaporeans with a PayNow Account
Following the success of last year’s DBS QR Ang Baos which saw over SGD 1.5 million loaded during Chinese New Year in 2019, DBS is reintroducing an enhanced version which includes new functions that they say will deliver greater convenience
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Grab Enables In-App Travel Insurance for As Low as $1 Per Day
Grab and Chubb announced today the launch of Travel Cover — an on-demand travel insurance service that Grab users can purchase within the app. The product is distributed by GrabInsure Insurance Agency, Grab Financial Group’s insurance platform. Starting from today, a
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