Posts From Fintech News Singapore
Entrust Report Highlights Shifting Consumer Trends in Banking and Payment Tech
The Entrust Cybersecurity Institute has recently published the Digital-First Banking report, which is a comprehensive analysis of the evolving preferences and attitudes towards digital banking. Financial services’ cybersecurity specialists Entrust has the Cybersecurity Institute research house to curate insights for
Read More24 Startups to Vie for S$1M Funding on New Reality Show ‘The Big Spark’
Mediacorp, a state-owned media conglomerate in Singapore, has announced the launch of The Big Spark, a new initiative designed to bridge the gap between emerging entrepreneurs and investors in Southeast Asia. The project, developed in partnership with Elevandi and TiE
Read MoreJazzCash and Fatima Gobi Ventures Partner to Nurture Pakistani Startups
JazzCash, a Pakistani-based mobile wallet and branchless banking services provider, will be collaborating with Fatima Gobi Ventures (FGV) to nurture the growth of local startups. FGV leverages conglomerate Fatima Group’s local expertise in Pakistan and Gobi Partners‘ extensive experience in
Read MoreUnionDigital Bank’s New Financial Health Tool Premieres at SFF 2023
UnionDigital Bank, the digital banking arm of UnionBank of the Philippines, showcased its commitment to innovation and financial inclusion at the Singapore Fintech Festival (SFF) 2023. The digital bank highlighted its efforts to provide accessible and inclusive financial services to
Read MoreMastercard, FOMO Pay to Allow SGQR Payments By Scanning Cards
Mastercard Singapore and FOMO Pay have collaborated to introduce Mastercard QR within SGQR, the unified national QR code of Singapore. This initiative, in line with EMVCo Merchant-Presented QR standards, allows cardholders to use Mastercard credit and debit cards for payments
Read MoreGreen Fintech Picks up Steam in ASEAN Amid Growing Investor Interest, Business Adoption
In Southeast Asia and the broader Asia-Pacific (APAC) region, green fintech is picking up steam and growing on the back of increasing climate-related regulations, growing adoption of sustainable practices among Asian businesses, and rising investors’ interest, a new report by
Read MoreFaspay, EzyRemit Agree Cross-Border Payments MoU at Australia Pavilion
In a pivotal development within the nascent fintech sectors of both countries, Indonesian payment gateway Faspay, and Australian remittance company EzyRemit have embarked on a collaboration. This alliance was cemented with a Memorandum of Understanding at the Singapore Fintech Festival
Read MoreAnt International, Grab, StraitsX Explores Use of Digital SGD for Cross-Border Payments
Ant International, Grab, and StraitsX (part of Fazz) announced a collaboration to look into the potential of Purpose Bound Money (PBM) for cross-border payments. PBM is a protocol that specifies the conditions upon which an underlying digital currency can be
Read MoreVesta Partners Stripe to Shield Merchants from Fraudulent Transaction Liability
Transaction guarantee platform Vesta and financial infrastructure provider Stripe have announced a partnership to offer a comprehensive fraud prevention and risk protection solution in a move to combat fraud and protect revenue. The solution will combine Vesta’s Payment Guarantee, which
Read MoreXREX Singapore Gets In-Principle Nod for Crypto Payment Services
XREX Singapore, a blockchain-enabled fintech providing cross-border payments in emerging markets, has secured in-principle approval for a Major Payment Institution license to provide digital payment token services. The in-principle approval for XREX Singapore covers a range of payment services, including
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