Posts From Fintech News Singapore
Senior Banking Leaders Set to Gather at MoneyLIVE Asia This September
MoneyLIVE Asia will be held at the Marina Bay Sands, Singapore this 12-13 September 2023 to unite some of the most innovative banking and payments leaders from across Asia. At the event, industry leaders will discuss and assess emerging industry
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Key Features of a Robust Microfinance Software
Microfinance lending software is a powerful and specialized tool that supports lenders in effectively managing their microfinance operations. With a focus on simplifying the lending process and addressing the specific requirements of borrowers, this software provides a variety of critical
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Identity Verification Firm Sumsub to Establish APAC HQ in Singapore
Identity verification platform Sumsub announced its plans to make Singapore its APAC headquarters with the aim to forge vital partnerships and serve new clients in the island-state and Hong Kong among other countries in the region. Sumsub said that this
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The Economist: 5 Megatrends That Will Shape Banking in The Next Decade
The future of banking will be shaped by several forces and megatrends, including the accelerating digital revolution, new consumer expectations and efforts by governments to combat persistent economic and social inequities. To stay relevant, banks will need to adapt and
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Fintech Connect Leaders Asia Returns for Its 3rd Year This August
The Fintech Connect Leaders Asia, a flagship summit for senior professionals from regional financial institutions, will take place from 28-30 August 2023 at the Raffles City Convention Centre, Singapore. The summit will bring together over 250 CIOs, CTOs, COOs, Chief
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GXS Bank Expands Access to Savings Account, Raises Deposit Cap to S$75,000
Grab and Singtel’s GXS Bank has made its savings account available on a first-come, first-served basis. The digital bank has also raised the deposit cap for its GXS Savings Account to S$75,000. This move possibly indicates that the Monetary Authority
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Flywire Singapore Gets MAS Approval for Payment License
Flywire, a global payments enablement and software company, announced that its Singapore entity has been granted a Major Payment Institution license from the Monetary Authority of Singapore (MAS) earlier this month. The firm had secured the in-principle approval just six
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DBS Targets US$1B in First Year of Operations at GIFT City in India
DBS Bank has inaugurated its IFSC Banking Unit (IBU) in the Gujarat International Finance Tec-City (GIFT City) at Gandhinagar in India. GIFT City houses India’s first International Financial Services Centre (IFSC), offering a conducive regulatory environment, tax benefits, and other
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Opn Offers Flexible Payments in Malaysia, Singapore With Atome Partnership
Opn, formerly known as Synqa and Omise, announced that its online payment platform has started offering flexible payments in Malaysia and Singapore through a partnership with Buy Now Pay Later (BNPL) firm Atome. Retailers utilising Opn Payments can tap into
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Thunes Extends Series C Fundraise to US$72M, Upsizing from Initial US$60M
Thunes, a global B2B payment infrastructure platform, announced the extension of its Series C with an additional US$12 million from Visa, Singapore-based global investor EDBI and San-Francisco’s Endeavor Catalyst. This brings its Series C up to US$ 72 million. Just
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