Posts From Fintech News Singapore
NGFS: Globally Coordinated Effort Needed to Unleash Full Potential of Blended Finance
The Network for Greening the Financial System (NGFS) released a new technical document, focusing on the expansion of blended finance in Emerging Market and Developing Economies (EMDEs) for climate change mitigation and adaptation. Formed in 2017, the NGFS is a
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Global ESG Fintech Investment Expected to Exceed US$ 100 Billion This Decade
Despite high-interest rates, plunging fintech valuations, and a slowdown in external deal activity, the environmental, social and governance (ESG) fintech sector is proving resilient and continuing to thrive as evidenced by the ESG fintech investment reaching an all-time high just
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DigiFT Secures Capital Markets License from Singapore Regulator
Singapore-based digital assets exchange DigiFT has been granted a Capital Markets Services (CMS) license and has been recognised as a Recognised Market Operator (RMO) by the Monetary Authority of Singapore (MAS). This enables DigiFT to legally deal in capital markets
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Nuvei Set to Streamline Microsoft’s Checkout Processes for Office and Xbox
Canadian fintech firm Nuvei has announced a partnership with tech giant Microsoft to improve payment experiences for customers globally. This collaboration aims to introduce Nuvei’s payments technology to Microsoft’s product lines, including Office and Xbox, initially focusing on markets in
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The Key Factors Driving Wealthtech in the Philippines
The Philippines’ wealthtech sector, which somehow still remains at a nascent stage of development, is poised to witness strong growth in the mid- and long-term, driven by booming demand for digital financial services, growing wealth and economic development, and rising
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Hong Kong and Thailand Launch New Cross-Border QR Payment System
The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) have launched the FPS x PromptPay Link, facilitating cross-border QR payments between Hong Kong and Thailand. This service, effective from 4 December, allows travellers to make retail payments
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Deepfakes, Advanced Forgeries Emerge as Leading Identity Fraud Trends in Asia Pacific
As technologies such as AI continue to advance, so too does the sophistication of identity fraud which is in line with the evolving fraud trends in Asia Pacific. The past few years have shown a concerning trend, with the rate
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Revolut Singapore Unveils 24-Karat Gold-Plated Card for Top Spenders
Global neobank Revolut has announced the launch of a 24-karat gold-plated card exclusive to its Singapore users. This limited edition card, available for the holiday season, will be offered to the top 100 spenders between 1 December 2023 and 31
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Singapore Airlines’ Kris+ Expands Lifestyle Rewards in Australia with Airwallex
Singapore Airlines has announced a partnership with global fintech platform Airwallex to enhance its Kris+ lifestyle rewards app in Australia. This collaboration aims to benefit over 1.3 million KrisFlyer members in Australia. Kris+, known for offering discounts in dining, retail,
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Singapore Fintech Report 2023: Pioneering Digital Currencies and Cross-Border Linkages
The Singapore Fintech Report 2023 examines a significant year for the space in Singapore. With one of the most advanced and innovative fintech ecosystems in the world, an enhanced focus on digital money and assets, increased adoption of new technologies,
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