Posts From Company Announcement
Cross-Border Payment Ripple Pilot Test between Thailand and Singapore
Mitsubishi Corporation, MUFG Bank, Krungsri , a Thailand-based subsidiary of MUFG Bank, and Standard Chartered Bank jointly announced the commencement of a pilot test for moving real funds over RippleNet, with the objective of making cross-border payments more convenient and
Read More
Singapore and Brunei Enhance Cooperation in Fintech
The Autoriti Monetari Brunei Darussalam (AMBD) and the Monetary Authority of Singapore (MAS) signed a FinTech Cooperation Agreement (CA) to foster innovation in financial services between Brunei Darussalam and Singapore. The FinTech CA will facilitate the sharing of information on
Read More
Singapore: World’s First Blockchain-Based e-Certificate of Origin
The world’s first blockchain-based platform for electronic certificates of origin was unveiled in Singapore to industry leaders by the Singapore International Chamber of Commerce (SICC) and Singapore based cross-border trade facilitation solutions provider vCargo Cloud. As the first chamber in
Read More
OurCrowd and Bangkok Bank Announce Strategic Alliance
OurCrowd, an Israel based global equity crowdfunding, announced its further expansion in Asia, with an innovative partnership with Bangkok Bank Public Company Limited. OurCrowd and BBL have already launched their cooperation in support of Thailand’s tech ecosystem which will create key
Read More
Finantix Acquires Singapore FinTech Startup Smartfolios
Finantix announced end of March its acquisition of smartfolios, the creators of quant-enabled investment tools that support the key stages of the digital advisory value chain. With this acquisition, Finantix is set to combine its enterprise-grade technology and its recently
Read More
OCBC Bank Launches Digital Transformation Programme For 29,000 Employees
The OCBC Future Smart Programme makes it possible for a cheque processing executive to become a data scientist in three years. Lim Chee Hau who has worked in the bank’s payment operations unit for five years, processes cheques on a
Read More
A Blockchain Challenge For Singapore to Boost Innovation and Adoption Beyond Fintech
The Infocomm Media Development Authority (IMDA) launched a Blockchain Challenge to accelerate the development and adoption of innovative new solutions using blockchain technologies beyond fintech. Blockchain is a form of distributed ledger technology, with the potential to accelerate Singapore’s transformation
Read More
Singaporeans Confident To Go Cashless For Up To Three Days
Singaporeans are becoming increasingly confident of going cashless with 68 percent saying they can go without cash for an entire day, and almost half (42 percent) saying they can go cashless for up to three days, according to the 2017
Read More
Strengthening the AI Finance Ecosystem in Singapore
The Monetary Authority of Singapore (MAS) is collaborating with the Economic Development Board (EDB), Infocomm Media Development Authority (IMDA) and Institute of Banking and Finance (IBF) to accelerate the adoption of Artificial Intelligence (AI) in Singapore’s financial sector. The collaboration
Read More
A Fintech Regulatory Sandbox for Sri Lanka
With the rapid growth in Financial Technology (FinTech) innovations in the country, the Payments and Settlements Department of the Central Bank of Sri Lanka has identified the need to provide an environment that nurtures and promotes their advancement whilst maintaining
Read More