Posts From Fintech News Singapore
UOB Joins the Mobile Cross-Border Remittance Bandwagon with UOB Mighty
It appears that Grab is not the only one that is honing in their focus on mobile cross-border remittances, incumbents seems to be unwilling to be left out of the game. UOB announced that they have successfully completed a cross
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Grab to Launch International Wallet-to-Wallet Remittance in 2019
Grab just announced its wallet-to-wallet remittance function slated for a 2019 launch, as part of its Grab Financial arm, and putting the company one step closer towards its dream of becoming an all-encompassing app. Rather than the usual underserved or
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Vietnam Messaging App Zalo: A Super App which might be bought by Facebook in 2020
Following on the lead of other “super apps,” Zalo has been integrating new functions into its app, including a payment platform called Zalo Pay, which was introduced last year. Launched in 2012, Zalo is Vietnam’s premier chatting platform, with more
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12 Companies Score SG$1.2 Mil at The Singapore Fintech Awards 2018
The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) today awarded 12 FinTech companies a total of SG$1.2 million divided for 12 different companies at the Fintech Awards, which took place at the third Singapore
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Singapore will Be Home to Bank of China’s Global Innovation Lab
China’s 4th largest bank, Bank of China has announced that Singapore will be home to its Bank of China Innovation Lab in their bid to propel the bank to a new era. This lab intended to serve the following purposes
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MAS Explores the Concept of Sandbox Express
In keeping with their messaging of being open to experimentation the Monetary Authority of Singapore is exploring an “express version” of their fintech regulatory sandbox which was introduced in 2016. Dubbed the “Sandbox Express” the regulator is proposing the creation of
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Singapore and Kazahkstan Signed an Agreement to Boost Fintech Innovations
While not often said in the same sentence, Singapore and Kazakshtan have inked a Cooperation Agreement for increased fintech collaborations in earnest. The Astana Financial Services Authority (AFSA), Astana International Financial Centre Authority (AIFCA) and the Monetary Authority of Singapore (MAS)
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APIX, a Global Marketplace for Cross-Border Fintech Services Officially Hits The Market
The often spoken about APIX has finally come to fruition, something the Monetary Authority of Singapore has been quite vocal about. It was launched following Narendra Modi’s keynote speech at the Singapore Fintech Festival, said to be one of the
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IMF: Nations Need to Consider a Central Bank Backed Cryptocurrency
During her speech at Singapore Fintech Festival 2018, Christine Largarde, IMF’s Managing Director expressed the need for states to consider the possibility to issue digital currency, adding that there may be a role for the state to supply money to
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Singaporeans Can Now Use Robo-Advisors for Free Thanks to Kristal.AI
If you’ve always wanted to try to out a robo-advisory service but costs have got you hesitant, now’s a good time to give a shot. During the Singapore Fintech Festival, Kristal AI rolled the “Free for Life- Starter solution” which
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