Posts From Fintech News Singapore
Currency Project Initiative Q Is All Over Social Media– Be Careful, Your Data or Reputation are at Risk!
A new currency project called Initiative Q has been all over social media these past weeks as promoters are pushing to enroll more and more people to the scheme as part of a multi-level marketing campaign. But critics are warning
Read MoreWhy The Next Insurtech Unicorns Are Going to Come From Asia
We thought 2018 was going to become the year of the blockchain, and while the ledger is still a hot-button topic, the relatively older insurtech scene has risen to the top of the fintech pile thanks to a 2017 boost.
Read More6 Proudly Singaporean Companies in KPMG’s Fintech100 This Year
The 5th iteration of KPMG’s annual Fintech 100 list has come out recently, in a bid to highlight dynamic fintechs from around the world that are doing something right in the financial services industry, be it digital payments, lending, insurtech,
Read MoreThe Philippines Fintech Report 2018
Note: We’ve update this report, the 2020 edition of the Fintech Report can be found here With a population of over 100 million, just 31% of adults having a bank account, and a mobile penetration of 58%, the Philippines
Read MoreVietnam’s Unbanked Can Now Get Credit Cards With Just A Phone And Good Behaviour
Personal finance comparison website GoBear and alternative credit scoring provider CredoLab announced that they’re teaming up to launch Easy Apply, a smartphone app that enables banks, financial institutions and lenders to extend credit to a larger pool of customers while
Read More21 Remarkable Fintech Founders Under 35 in Southeast Asia
Fintech is booming all round the world, including Southeast Asia, where a growing number of fintech-related businesses are emerging to fill the gap left by traditional financial institutions. With the Internet and smartphones spreading rapidly across the region, these new
Read MoreBlockShow Asia Blockchain Week: What and Who to Expect
BlockShow Asia is returning this year for a week-long event part of the Asia Blockchain Week centered around blockchain and cryptocurrency. The event, taking place between November 27 and December 1, 2018, promises to gather some of the industry’s most
Read MoreAccelerators Aren’t Helping Fintechs, So DBS Banks On Problem Matchmaking Instead
In DBS Bank’s quest to keep up with the ever-evolving fintech trends and stay ahead of its banking contemporaries, they have launched a programme that would play matchmaker between them or their corporate clients’ fintech problems with the right startups
Read More4 Banks in Asia Pacific That Are Winning Open Banking Adoption
Following the UK banks’ ambitious move towards open banking, fintech hubs across the globe have been following suit, leading to a banking revolution that could fast-track the development of fintech—particularly fintech based on personal wealth and spending habits. With Singapore’s
Read MoreJapan’s Banks Elect Fujitsu to Build Their Blockchain for Interbank Settlements
Last year, a consortium of 61 Japanese banks banded together to test domestic fund transfers using digital currencies in hopes of gaining a low-cost alternative to traditional money transfers. At the time, the consortium tossed around the idea of using
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