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    Digital Banking

    FIS: Lack of Branches, In-Person Service Keep Singaporeans Loyal to Traditional Banks

    Fintech News SingaporeNovember 14, 2024

    A recent survey by global payments service provider FIS has revealed that digital banks are making inroads in Singapore, with…

    PaymentsSecurity

    Mastercard to Phase Out Passwords by 2030 with Biometrics, Tokenisation

    Fintech News SingaporeNovember 14, 2024

    Mastercard announced plans to revamp online checkout procedures by 2030, aiming to eliminate manual card entry and passwords. Citing concerns…

    Various

    ‘Finfluencers’ Must Be Licensed When Providing Financial Advice, Says MAS

    Fintech News SingaporeNovember 14, 2024

    The Monetary Authority of Singapore (MAS) received fewer than five complaints annually over the past five years concerning online “finfluencers,”…

    Payments

    Nuvei Gets Regulatory Green Light to Go Private

    Fintech News SingaporeNovember 14, 2024

    Canadian payments firm Nuvei Corporation announced that it has received all necessary regulatory approvals for its plan to go private. The move…

    CryptoDigital AssetsWealthtech

    Crypto Confidence High Among Singapore Institutional Investors, Sygnum Survey Finds

    Fintech News SingaporeNovember 14, 2024

    Institutional investors in Singapore are leading the charge in increasing their crypto allocations, according to Sygnum’s annual Future Finance survey.…

    CloudPaymentsVietnam

    Cake by VPBank Leverages Visa for Cloud-Based Card Management

    Fintech News VietnamNovember 13, 2024

    Cake by VPBank, a Vietnamese digital bank, has collaborated with Visa to launch a cloud-based card management system (CMS). The…

    Security

    Mastercard and ASEAN Foundation Team Up on Cybersecurity

    Fintech News SingaporeNovember 13, 2024

    Mastercard and the ASEAN Foundation have announced a new programme to bolster cybersecurity across Southeast Asia. The ASEAN Foundation-Mastercard Cybersecurity…

    Financial InclusionPayments

    Visa Empowers Digital Creators with Small Business Tools and Resources

    Fintech News SingaporeNovember 13, 2024

    Payment giant Visa announced its commitment to supporting digital creators by recognising them as small businesses at the Web Summit…

    Singapore Fintech Festival 2024Thailand

    Thai Governor Highlights Data, Cross-Border Payment Initiatives at SFF 2024

    Fintech News SingaporeNovember 13, 2024

    Dr. Sethaput Suthiwartnarueput, Governor of the Bank of Thailand, recently addressed the Singapore Fintech Festival, sharing insights on Thailand’s advancements…

    InsurTech

    Govt Explains Decision to Block S$1.85B Capital Extraction Plan in Income-Allianz Deal

    Fintech News SingaporeNovember 13, 2024

    The government blocked Income Insurance’s proposed S$1.85 billion capital extraction over three years, a key component of its deal with…

    Funding

    Southeast Asia’s Fintech Sector Has Raised a Total US$ 1.4 Billion Funding in 2024

    Fintech News SingaporeNovember 13, 2024

    In 2024, Southeast Asia’s fintech sector showcased resilience, defying global funding trends with only a marginal 1% year-on-year (YoY) decline.…

    Digital AssetsThailand

    SCB 10X Introduces ‘Rubie Wallet’ for Stablecoin Payments at Devcon 2024

    Fintech News SingaporeNovember 13, 2024

    SCB 10X, a subsidiary of SCBX Group, has launched Rubie Wallet, a digital wallet specifically designed for international visitors attending…

    Digital BankingFinancial InclusionPayments

    Revolut Rolls Out Singapore’s First Debit Card Vending Machine at NUS

    Fintech News SingaporeNovember 13, 2024

    Global neobank Revolut has launched a unique debit card vending machine at the National University of Singapore (NUS), touted to…

    Security

    Upcoming Shared Responsibility Framework Will Protect Minor’s Bank Accounts

    Fintech News SingaporeNovember 13, 2024

    Deputy Prime Minister and Chairman of the Monetary Authority of Singapore (MAS) Gan Kim Yong addressed the safety of digital…

    Singapore Fintech Festival 2024

    Singapore Fintech Festival 2024 Wraps up With 65,000 Attendees From 135 Countries

    Fintech News SingaporeNovember 13, 2024

    The Singapore Fintech Festival (SFF) 2024 wrapped up on 8 November, drawing 65,000 participants from 134 countries and regions. This…

    RegtechVarious

    Jumio Names New Chief Revenue Officer

    Fintech News SingaporeNovember 13, 2024

    Jumio, a provider of AI-driven identity verification and compliance solutions, has named Mike Nawrocki as its new Chief Revenue Officer.…

    Green Fintech

    BlackRock, MAS Unveil Blended Finance Initiative for SE Asia Decarbonisation

    Fintech News SingaporeNovember 12, 2024

    BlackRock and the Monetary Authority of Singapore (MAS), alongside other partners, will develop a new blended finance debt programme focused…

    Green Fintech

    Singapore Pledges US$500 Million to Drive Asia’s Decarbonisation at COP29

    Fintech News SingaporeNovember 12, 2024

    Singapore has pledged up to US$500 million in concessional funding to support decarbonisation efforts in Asia at the 29th United…

    Singapore Fintech Festival 2024

    Here’s Everything That Happened at Singapore Fintech Festival 2024 in 10 Key Highlights

    Fintech News SingaporeNovember 12, 2024

    The ninth edition of the Singapore Fintech Festival (SFF) wrapped up on 8th November, concluding a dynamic week-long of celebration…

    Various

    Southeast Asia’s Digital Financial Services Revenues Soared To US$ 33B in 2024

    Fintech News SingaporeNovember 12, 2024

    Digital financial services (DFS) in Southeast Asia (SEA) are experiencing a remarkable growth trajectory, with projected revenues soaring by 22%…

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