Posts From Fintech News Singapore
Trust Bank’s Outreach Initiative Benefits 500 Families with S$100 FairPrice Vouchers
Singapore’s Trust Bank had partnered with the Ministry of Social and Family Development’s Social Service Office (SSO) at Ang Mo Kio and Yishun to reach out to lower-income families under the Community Link (ComLink) initiative. Since the launch of this
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Gartner-Recognised Sumsub to Showcase at Singapore Fintech Festival 2023
Fintech companies in Singapore and the Asia-Pacific region are eagerly gearing up for the highly anticipated Singapore Fintech Festival from November 15 to 17. This annual event, known for its valuable networking opportunities and fostering innovative collaborations, serves as a
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Austrade, SFA Propel 4 Singapore Fintechs into Australia Through Project Lorikeet
Four Singaporean fintech companies, Choco Up, Rhino Partners, Moneythor, and USER, have made significant progress in expanding to Australia through Project Lorikeet, a joint initiative between the Singapore Fintech Association (SFA) and the Australian Trade and Investment Commission (Austrade). SFA
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3 Southeast Asian Startups Make World’s Top 100 Fintech Firms List
Three fintech startups from Southeast Asia have been named among the world’s largest and most successful financial technology companies, recognized for their scale, growth and ingenuity. The Financial Technology Report has released its selection of the world’s Top 100 Financial
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Primer Raises Funds from Tencent for Global Expansion, Product Innovation
Primer, a unified infrastructure for global payments and commerce, announced that it has raised funds from Chinese internet giant Tencent. Details of the fundraise was not disclosed. The company said that it would use the fresh funds to focus on
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810,000 Failed Logins, 2.5M Transactions Affected by DBS and Citi’s Service Disruption
The impact of the DBS and Citibank digital banking disruption on 14 October was wide, with up to 810,000 attempts to access the digital banking platforms of both banks failing between 2.54 pm and 4.47 am the following day. Approximately
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Elevandi Launches Japanese Subsidiary With Takeshi Kito at the Helm
Elevandi, a Company Limited by Guarantee (GLC) created by the Monetary Authority of Singapore (MAS) to manage the Singapore Fintech Festival (SFF), has expanded its global reach by establishing its first international subsidiary, ELEVANDI Japan. Takeshi Kito shared in a
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UOB Online Banking Suffers Disruptions on Saturday, Back Up By Midday
The United Overseas Bank (UOB) experienced sporadic disruptions with its online banking platforms last Saturday (4 November), according to a report by The Business Times. Users began reporting difficulties in accessing the bank’s mobile and internet banking services around midday,
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Cambodia’s New Fintech Policy Revealed
The Cambodian government unveiled last month the Cambodia Financial Technology Development Policy 2023-2028, a new strategy designed to promote financial innovation, maintain financial stability and enhance financial inclusion. The launch ceremony was held on October 04 alongside a workshop presided
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Banking the Unbanked: KBZPay and Financial Inclusion
Forecasting the necessity of payments in tech enabled economies, JP Morgan’s Global Head of Payments Takis Georgakopoulos believes that “payments are eating the world, and anybody who doesn’t recognize that and adapt will not survive”. In KBZ Bank’s quest for
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