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    Payments

    FOMO SoftPOS Enables Singapore SMEs to Accept Card Payments on Smartphones

    Fintech News SingaporeNovember 12, 2024

    Singapore-based fintech company FOMO Pay has partnered with Mastercard to debut FOMO SoftPOS, a new Tap on Phone payment solution.…

    ChinaGreen Fintech

    Singapore and China Boost Green Finance, Capital Market Connectivity

    Fintech News SingaporeNovember 12, 2024

    The Monetary Authority of Singapore (MAS) announced new initiatives aimed at bolstering financial cooperation with China. These initiatives focus on…

    Digital Banking

    GXS Bank Deposits Triple Since Last Year, Reaching US$1.1 Billion in Q3

    Fintech News SingaporeNovember 12, 2024

    Grab Holdings reported significant growth in its financial services and digital banking segments for the third quarter of 2024, driven…

    Various

    Spain’s Former Governor Set to Succeed Agustín Carstens as BIS Chief

    Fintech News SingaporeNovember 12, 2024

    The Bank for International Settlements (BIS) has announced the appointment of Pablo Hernández de Cos as its next General Manager.…

    Various

    DBS CEO Piyush Gupta Sells S$12.6 Million in Shares Amid Stock Rally

    Fintech News SingaporeNovember 12, 2024

    DBS Group Holdings CEO Piyush Gupta has sold a portion of his shares, netting S$12.6 million amidst a rally of…

    BlockchainDigital Assets

    German Central Bank Joins MAS-Led Project Guardian

    Fintech News SingaporeNovember 12, 2024

    The Deutsche Bundesbank has become a member of Project Guardian, a global initiative led by the Monetary Authority of Singapore…

    CambodiaPayments

    Cambodia and Mastercard Roll Out ‘Bakong Tourists’ App for Seamless Payments

    Fintech News SingaporeNovember 12, 2024

    The National Bank of Cambodia (NBC) has launched the Bakong Tourists app in collaboration with Mastercard at a ceremony in…

    Payments

    Airwallex Unveils ‘Airwallex Impact’ with 1% Equity Pledge, Valued at US$56 Million

    Fintech News SingaporeNovember 12, 2024

    Australian-born fintech unicorn Airwallex has launched Airwallex Impact, a global social impact programme underpinned by a 1% equity pledge, currently…

    CryptoDigital AssetsPayments

    QCP Trading Moves Toward Regulated Crypto Spot Trading with MAS Approval

    Fintech News SingaporeNovember 11, 2024

    QCP Trading, a provider of over-the-counter (OTC) spot trading services for digital assets, has been granted in-principle approval for a…

    Security

    Proposed Bill Could Allow Police to Restrict Bank Accounts of Potential Scam Victims

    Fintech News SingaporeNovember 11, 2024

    The Protection from Scams Bill, introduced by the Ministry of Home Affairs (MHA), will empower the Singapore police to temporarily…

    CloudIndonesia

    GoTo, Tencent, Alibaba Invests in Indonesia’s Cloud Infrastructure and Digital Skills

    Fintech News IndonesiaNovember 11, 2024

    Indonesia’s GoTo Group has joined forces with Tencent Cloud and Alibaba Cloud in an agreement aimed at accelerating Indonesia’s digital…

    AISecurity

    The Top Payment Fraud Trends in 2024

    Fintech News SingaporeNovember 11, 2024

    The payment ecosystem is grappling with a rapidly evolving fraud landscape, characterized by a sharp rise in purchase return authorization…

    PaymentsSingapore Fintech Festival 2024

    Nepal Enables Tourists to Make QR Payments with Their Local E-wallets

    Fintech News SingaporeNovember 11, 2024

    Travelers from several countries in Asia and Europe can now use their mobile payment apps to pay at over 875,000…

    Various

    DBS Reportedly Eyeing Acquisition of Alliance Bank, KFH Assets for Malaysia Expansion

    Fintech News SingaporeNovember 11, 2024

    DBS Group, Singapore’s largest bank, is exploring acquisitions in Malaysia as part of its regional expansion strategy, according to sources.…

    Payments

    XTransfer Showcases Cross-Border Payment Solutions at SFF 2024

    Fintech News SingaporeNovember 8, 2024

    XTransfer, a B2B cross-border payment platform, made its debut at the Singapore Fintech Festival (SFF) 2024 as a Gold Sponsor.…

    PhilippinesSingapore Fintech Festival 2024

    Digital Lending Report Unveiled at Philippines Pavilion During SFF 2024

    Fintech News SingaporeNovember 8, 2024

    The Philippines made a strong showing at the Singapore Fintech Festival (SFF) 2024, held from 6 to 8 November, under…

    Singapore Fintech Festival 2024

    Fintech Excellence Awards Winners Revealed at SFF 2024

    Fintech News SingaporeNovember 8, 2024

    The Monetary Authority of Singapore (MAS) and the Singapore Fintech Association (SFA) have announced the winners of the Fintech Excellence…

    Singapore Fintech Festival 2024

    Three Teams Win Top Honours at MAS Global Fintech Hackcelerator 2024

    Fintech News SingaporeNovember 8, 2024

    The three winners of the Global Fintech Hackcelerator 2024 has been announced at the Singapore Fintech Festival (SFF). The hackcelerator…

    PaymentsSingapore Fintech Festival 2024

    Superapp Enabler Boxo and Nium to Launch White-Label Remittance Platform

    Fintech News SingaporeNovember 7, 2024

    Boxo, a superapp enabler, and global payments infrastructure provider Nium have joined forces to launch a new white-label remittance platform…

    Green Fintech

    Ant International Launches Sustainability Scorecard for Asian MSMEs

    Fintech News SingaporeNovember 7, 2024

    Ant International is teaming up with industry partners to create a new tool to help small businesses in Asia become…

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