Posts From Fintech News Singapore
Huawei Bets on Singapore’s Artificial Intelligence with New AI Innovation Lab
Huawei held its Cloud Summit 2019, in which the company announced the launch of its Cloud & AI Innovation Lab in Singapore. The lab aims to cultivate local AI talents and bridge Singapore with state-of-the-art AI technologies globally, and accelerate
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Flywire Joins The Growing Number of Financial Services Deploying Machine Learning
Flywire a payments firm announced that they are deploying machine learning capabilities into its payments platform. The enhancements are geared towards improving payment to settlement time, increasing security, cost reduction and to streamline reconciliation of the growing number of international
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3 in 4 Banks in Asia Will Invest in Machine Learning This Year
The financial services industry is undergoing profound shifts facilitated by technologies including artificial intelligence (AI), robotics and the Internet of Things (IoT), but according to Refinitiv, AI will be the single greatest enabler of competitive advantage in the financial sector.
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Singapore Airlines Onboards Adyen to Smoothen its Flight Booking App
Singapore Airlines has partnered with fintech unicorn Adyen, to help in creating a more frictionless payments experience for customers booking flights online or in-app. The airline while working with Adyen reportedly saw an increase in authorization rates, flexibility on fraud
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3 Startups From Singapore Selected For Fintech Global’s Top 100 Wealthtech List
Data and research provider Fintech Global has released its inaugural Wealthtech 100 list, which features the world’s top 100 companies transforming the wealth and asset management industry. Wealthtech is one of the fastest growing verticals of fintech, which has attracted
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3 in 4 APAC Banks Believe Fraud Will Increase This Year
Almost three in four banks in Asia Pacific anticipate that fraud in their country will increase in 2019, according to a recent poll by FICO. Two of the main areas of concern are card-not-present fraud and application fraud. Card-not-present payments
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There Are 41 Crypto Businesses Licensed in Philippines Right Now
Philippines has been taking active steps recently to reform its regulation in efforts to position itself a crypto friendly regime . The country’s central bank, Bangko Sentral ng Pilipinas (BSP), released its rules for domestic exchange in February 2017, seeking
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OCBC Introduces a More Seamless Checkout for Instant Mobile Payments
Rapyd a payments focused fintech, announced a partnership with OCBC Bank to enable real-time bank payments for Singapore consumers and online retailers. The partnership leverages PayNow, Singapore’s national peer-to-peer funds transfer service, enabling OCBC Bank customers to make digital payments using the
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AI Driven Fintech AIDA Gets Funding Boost from Mastercard
AIDA an artificial intelligence focused fintech recently announced that they have raised an undisclosed sum in their Series A round, which includes investors like Mastercard, Kuok Ventures and SGInnovate. The startup develops machine learning solutions for the banking and insurance
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10 of the Top Fintech Startups in Indonesia for 2019
Fintech has entered a new age in Indonesia, most ostensibly represented when the wild wild west of the peer-to-peer lending scene in Indonesia is finally regulated by the Otoritas Jasa Keuangan (OJK), the country’s financial services authority. Standing as a nation
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