Posts From Company Announcement
Culum Capital announce investment from GTR Ventures
Culum Capital, a Singapore-based receivables and supply chain financing platform, has announced an investment from GTR Ventures, the world’s first investment and venture-building platform specialising in trade and supply chain. The investment will be used to accelerate Culum’s expansion and
Read More
9 out of 10 Singaporeans Interested in Biometrics Authentication and Payments
Singaporeans are interested in using biometric methods to verify identity (97 percent) and make payments (96 percent), recognizing that biometrics are faster, easier and more secure than traditional passwords, according to a recent Visa survey on biometric authentication for payments.
Read More
MAS about Crypto Tokens: The Good, The Bad, and The Ugly
Speech by Mr Ravi Menon, Managing Director, MAS, at Money20/20: This is a conference named after Money. Money has been with us for at least 5000 years. And over the last 300 years or so, we have come to accept
Read More
Blockchain Technology Set To Transform Commercial Real Estate With Wide-Ranging Applications
Colliers International, a global real estate service launched a new research report assessing the impacts of blockchain technology in the context of commercial real estate (CRE) in Asia. Blockchain has become part of the basic vocabulary of many industries over
Read More
MAS and Bank of Lithuania Strengthen Cooperation in FinTech
The Monetary Authority of Singapore (MAS) and the Bank of Lithuania have agreed to work together to support the development of the FinTech ecosystems and encourage greater financial innovation in the two countries. The FinTech Co-operation Agreement between the two
Read More
Malaysia’s Second Largest Bank Partners Bayad Center and FINTQ in the Philippines
CIMB Bank Berhad (“the Bank” or “CIMB”), through its branch that is being set up in the Philippines, CIMB Bank Philippines Inc., recently entered into partnership agreements with CIS Bayad Center Inc. (“Bayad Center”) and FINTQnologies Corp (“FINTQ”), both affiliates
Read More
Vietcombank’s Digital Transformation
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has selected Finastra to drive its digital transformation initiatives. Finastra technology will streamline and automate Vietcombank’s operational processes and improve overall customer experience to enhance loyalty, increase domestic market
Read More
Fintech Firms In Southeast Asia Show Strong Growth Aspirations Amid Funding Challenges
A strong 87% of financial technology (FinTech) firms in Southeast Asia are planning to expand their footprint beyond their current markets, according to the Asean FinTech Census 2018 study by EY, which surveyed 170 Southeast Asia-headquartered FinTechs across 16 key
Read More
OCBC Bank is the First Bank in Singapore to Launch its own Artificial Intelligence Unit
Suppose your car is involved in a minor mishap, and you hold a Great Eastern motor insurance policy bought from OCBC Bank. Would it not be convenient if you could simply send an image of your dented vehicle to your
Read More
Adyen Announces Launch Of Unified Commerce Solution In Singapore
Adyen announced the launch of their unified commerce solution in Singapore. An expansion of its current payment processing offerings, the unified commerce solution will manage all customer communications, allowing retailers to create one consistent experience across channels and devices –
Read More