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    Digital Assets

    DBS’ Crypto Arm Reports Tripling Trading Volume, Explores Stablecoin Listings

    Fintech News SingaporeJuly 10, 2024

    DBS Digital Exchange (DDEx) has experienced significant growth in the first five months of 2024, with the trading volume of…

    Payments

    Outdated Payment Systems Eroding Profit Margins Across Travel Industry

    Fintech News SingaporeJuly 9, 2024

    A new report by global payments firm Airwallex and Skift Research reveals that 66 percent of travel companies worldwide are…

    Security

    Singapore Banks to Phase Out OTPs for Digital Token Users

    Fintech News SingaporeJuly 9, 2024

    Major retail banks in Singapore will progressively phase out One-Time Passwords (OTPs) for digital token users over the next three…

    Digital BankingVarious

    Karl Westvig to Lead TymeBank as CEO Starting October

    Fintech News SingaporeJuly 9, 2024

    South African digital bank TymeBank has appointed Karl Westvig as its new CEO, effective 1 October 2024. Coenraad Jonker, the…

    Various

    OCBC Offers Financial Wellness Programme for Singapore Property Agents

    Fintech News SingaporeJuly 9, 2024

    OCBC has unveiled OCBC PartnerCare, a new financial and personal wellness programme tailored for over 35,000 property agents in Singapore.…

    Digital Banking

    Zheng Yu Dong Steps Down as MariBank CEO, Stays on as Advisor

    Fintech News SingaporeJuly 9, 2024

    Zheng Yu Dong announced that he will be stepping down as CEO of MariBank, a digital bank licensed by the…

    Payments

    M-DAQ Global’s Doubled Losses Overshadow Revenue Gains in 2023

    Fintech News SingaporeJuly 8, 2024

    M-DAQ Global, a fintech firm supported by Affinity Equity Partners and China’s Ant Group, saw its consolidated net loss for…

    Various

    Citigroup Cuts 500 Jobs in Singapore as Part of Global Strategy

    Fintech News SingaporeJuly 8, 2024

    Citigroup Inc. has laid off about 500 employees as part of a global restructuring effort, as reported by The Straits…

    Singapore Fintech Festival 2024

    Nominations Now Open for SFF 2024 Fintech Excellence Awards

    Fintech News SingaporeJuly 8, 2024

    The Monetary Authority of Singapore (MAS) and the Singapore Fintech Association (SFA) have opened nominations for the Singapore Fintech Festival…

    Security

    Maybank Singapore Rolls Out ‘Money Lock’ Feature to Combat Scams

    Fintech News SingaporeJuly 8, 2024

    Maybank Singapore has launched the Money Lock feature, adding a layer of security to protect customers’ funds. This new feature…

    Digital TransformationSponsored

    How Distributed Databases Drive the Digital Boom in ASEAN: Insights from OceanBase

    Johanan DevanesanJuly 8, 2024

    As Southeast Asia’s digital economy continues to surge, businesses are seeking robust technological solutions to support their growth. The region…

    AISingapore Fintech Festival 2024

    Singapore Fintech Festival 2024 Sets Stage for Responsible AI, Quantum Tech

    Fintech News SingaporeJuly 8, 2024

    The Singapore Fintech Festival (SFF) 2024 is set to return for its 9th edition from 6 to 8 November, with…

    Various

    Chong Khai Siang Takes Helm as Validus Group CFO

    Fintech News SingaporeJuly 8, 2024

    Validus, a digital SME financing platform based in Singapore, has appointed Chong Khai Siang as its Group Chief Financial Officer…

    SponsoredWealthtech

    OCBC and Goldhorse Expand Investment Options for High-Net-Worth Clients

    Fintech News SingaporeJuly 5, 2024

    OCBC has partnered with Goldhorse Capital Management to expand its product offerings in a scalable manner, targeting institutional clients in…

    AI

    BIS: Central Banks Need to Embrace the AI Era to Stay Ahead of Financial Efficiency

    Johanan DevanesanJuly 5, 2024

    As artificial intelligence (AI) rapidly transitions from a nascent development to a ubiquitous technology accelerating advancements across the financial landscape,…

    Digital BankingMobile PaymentsVietnam

    Vietnam’s Digital Finance Landscape: Banks Gain Ground Amidst Shifting Competition

    Fintech News SingaporeJuly 4, 2024

    Vietnam’s digital finance landscape is undergoing a notable shift as new players emerge, established ones fade, and traditional banks rise…

    IndiaVarious

    MUFG’s Investment in HDFC’s Consumer Lending Arm Faces Uncertainty

    Fintech News SingaporeJuly 4, 2024

    Mitsubishi UFJ Financial Group Inc.’s (MUFG) plans to acquire a stake in HDFC Bank Ltd.’s consumer lending arm, HDB Financial…

    Digital TransformationSponsoredThailand

    Sunline to Power Siam Commercial Bank’s Core Banking System Transformation

    Fintech News SingaporeJuly 4, 2024

    The Siam Commercial Bank (SCB) is set to modernise its core banking system through a new partnership with Sunline, a…

    Digital BankingFinancial InclusionFundingIndonesia

    Superbank Bags Additional US$73M Funding from Grab, Singtel, KakaoBank

    Fintech News IndonesiaJuly 3, 2024

    Indonesian digital bank Superbank has announced an additional funding of IDR 1.2 trillion (US$73.3 million) from its shareholders, Grab, Singtel,…

    Payments

    Is Project Nexus a Model for Global Instant Cross-Border Payments?

    Johanan DevanesanJuly 3, 2024

    The Bank for International Settlements (BIS) and its partners have revealed the comprehensive blueprint for phase three of Project Nexus,…

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