Posts From Fintech News Singapore
WorldFirst to Extend E-Commerce Solutions to 4 Southeast Asian Markets
WorldFirst, a digital payment and financial services provider for small and medium-sized enterprises (SMEs) engaged in cross-border trade, has revealed plans to extend its e-commerce digital finance solutions to additional markets in Southeast Asia in 2023 and 2024. This expansion
Read More
LMAX Singapore Secures Market Operator License from MAS
LMAX Exchange Singapore, a subsidiary of LMAX Group that operates institutional exchanges for trading FX and digital assets, has been granted a Recognised Market Operator (RMO) license by the Monetary Authority of Singapore (MAS). This license allows the group to
Read More
AIA Singapore Announces New Leadership Roles, CEO Designate for Philippines
Life insurer AIA Singapore has made several key executive appointments, including Irma Hadikusuma as Chief Marketing and Proposition Officer, effective 1 December 2023, and Peter Lee as Chief Technology Officer, starting 20 November 2023. Additionally, Melita Teo, currently serving as
Read More
Richard Teng Named Binance CEO Amidst CZ’s Criminal Charges, US$4.3B Fine
Richard Teng has been appointed CEO of crypto exchange Binance, following the resignation of Changpeng Zhao (CZ) who pleaded guilty to criminal charges for anti-money laundering and violations of U.S. sanctions. Teng, previously serving as the Global Head of Regional
Read More
Banks View Tech Giants as Their Biggest Threat
Banks are growing increasingly concerned about competition from technology and e-commerce disruptors, with firms like Google, Facebook and Microsoft being now perceived among their biggest competitors in the next five years, a new study conducted by Economist Impact and commissioned
Read More
Singapore Fintech Festival 2023: Top 9 Highlights You Might Have Missed
The Singapore Fintech Festival (SFF) wrapped up its annual event on November 17, 2023, concluding a multi-day fintech program that attracted an estimated audience 60,000+ attendees. This year’s SFF brought together leaders and experts from around the world in finance,
Read More
Visa, UOB, and Doxa Partner to Accelerate Contractor Payments in APAC
Visa has teamed up with United Overseas Bank Limited (UOB) and the Singapore-based fintech company Doxa to offer a payment solution for contractors in the Asia Pacific region. This collaboration is aimed at providing faster and more efficient access to
Read More
Serene Sia Takes Helm as Singapore Country Director at Google Cloud Amid Its AI Push
Google Cloud has appointed Serene Sia as the new Country Director for its Singapore operations. Sia’s role will focus on leading the company’s go-to-market strategy and operations, including consulting, sales, and managing the partner ecosystem. She will also collaborate with
Read More
Mastercard and Feedzai Join Forces to Combat Rising Crypto Exchange Fraud
Feedzai, a financial crime and risk management solution provider, has joined forces with Mastercard to enhance crypto fraud protection. This collaboration aims to mitigate the risk of account-to-account fraud involving cryptocurrency exchanges. Recent data reveals that approximately 40% of scam
Read More
Maybank Group Unveils Islamic Wealth Management Hub in Singapore
Maybank Group has officially launched its Islamic Wealth Management (IWM) regional offshore hub in Singapore. This marks a significant expansion of the group’s Islamic wealth services, which previously operated primarily in Malaysia and Indonesia. Maybank Singapore claims that it is
Read More