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    AWS to Invest US$230 Million in Generative AI Startups Globally

    Fintech News SingaporeJune 17, 2024

    Amazon Web Services (AWS) has unveiled a US$230 million commitment to support generative AI startups globally. This initiative aims to…

    InsurTech

    Income Insurance and Allianz in Talks Over Potential Deal

    Fintech News SingaporeJune 17, 2024

    Singapore’s Income Insurance Limited has announced that it is currently in discussions with Allianz regarding a potential transaction involving Income…

    Payments

    Nubank Taps Wise to Enhance International Payments for Premium Clients

    Fintech News SingaporeJune 17, 2024

    Wise, a global online money transfer service, has partnered with Nubank, a Brazilian digital bank that serves over 100 million…

    Security

    Most Singapore Government SMSes Will Come from ‘gov.sg’ Starting July

    Fintech News SingaporeJune 13, 2024

    The Singapore government is set to introduce a unified SMS Sender ID, gov.sg, for all its agencies starting 1 July…

    PaymentsSecurity

    iPiD’s Payment Verification Solution Now Offered on Microsoft Azure

    Fintech News SingaporeJune 13, 2024

    iPiD, a provider of payment verification solutions, has announced that its Global Bank Account Validation Deployment Kit is now available…

    Payments

    What is Cards-as-a-Service and How is It Reshaping The Future of Credit Cards

    Rebecca OiJune 13, 2024

    In the rapidly evolving digital landscape, traditional credit cards face the challenge of staying relevant amidst the rise of digital…

    Fintech Fireside AsiaVideos

    Monetizing Transactional Data in Banking with Impactful Engagement

    Fintech News SingaporeJune 13, 2024

    Banks are sitting on a treasure trove of data, their customers’ transactions. Yet most banks are neglecting to tap into…

    Fintech Fireside AsiaVideos

    Disrupting Asia Pacific’s US$80b Cross Border Payments

    Fintech News SingaporeJune 13, 2024

    From innovative fintech startups to institutions, the race to create a more efficient cross border payments in Asia is intensifying.…

    Various

    New OCBC Ignite Initiative to Boost Polytechnic Graduates in Banking Careers

    Fintech News SingaporeJune 13, 2024

    OCBC has introduced OCBC Ignite, an accelerated banking career programme aimed at benefiting 500 polytechnic students over the next three…

    Wealthtech

    DBS Aims for S$500 Billion in Wealth Assets by 2026

    Fintech News SingaporeJune 13, 2024

    DBS Group is targeting S$500 billion (US$369.7 billion) in assets under management for its wealth business by the end of…

    Digital Assets

    Paxos Announces 20% Staff Layoffs Despite Robust Financial Position

    Fintech News SingaporeJune 13, 2024

    Stablecoin issuer Paxos has announced a 20% workforce reduction, affecting about 65 employees. Despite the layoffs, the company reportedly remains…

    Big DataGreen Fintech

    BIS, MAS Launch Project Viridis to Monitor Climate Risks

    Fintech News SingaporeJune 13, 2024

    The Bank for International Settlements (BIS) Innovation Hub and the Monetary Authority of Singapore (MAS) have  developed a blueprint -…

    Payments

    Unpacking 3 Key Concepts From G20’s Enhanced Cross Border Payments Plan

    Johanan DevanesanJune 13, 2024

    Rapid globalisation and available technological advancements have spurred the demand for more efficient, transparent, and accessible cross-border payment systems. Multilateral…

    InsurTech

    Lexasure and OneDegree Global Unveil New Cyber Insurance Platform

    Fintech News SingaporeJune 12, 2024

    Lexasure, a reinsurance and insurtech solutions provider, and OneDegree Global, known for its IXT insurtech solutions and cybersecurity services, have…

    AIInsurTech

    Grace Park Joins Prudential as Chief Data, Analytics and AI Officer

    Fintech News SingaporeJune 12, 2024

    Prudential plc has announced the appointment of Grace Park as its new Chief Data, Analytics & AI Officer, effective 7…

    Green FintechLending

    UOB and EnterpriseSG to Streamline Sustainability Financing for SMEs

    Fintech News SingaporeJune 12, 2024

    UOB and Enterprise Singapore have launched the Sustainability-Linked Advisory, Grants and Enablers (SAGE) programme, targeting small and medium-sized enterprises (SMEs).…

    AIInsurTech

    Appian and Swiss Re Streamline Life Insurance Underwriting With AI

    Fintech News SingaporeJune 12, 2024

    Appian, a software company that automates business processes, and Swiss Re have expanded their partnership to streamline the life insurance…

    Security

    Singapore, Hong Kong to Exchange Info and Research on Scam Tactics

    Fintech News SingaporeJune 12, 2024

    The Infocomm Media Development Authority (IMDA) of Singapore and Hong Kong’s Office of the Communications Authority (OFCA) have signed a…

    Digital AssetsPaymentsThailand

    Bank of Thailand to Test Programmable Payments in Enhanced Sandbox

    Fintech News SingaporeJune 12, 2024

    Daranee Saeju, Assistant Governor of Payment System Supervision and Financial Service User Protection at the Bank of Thailand (BoT), announced…

    FundingRegtech

    Regtech Firm Hawk Extends Series B With Investment From Rabobank

    Fintech News SingaporeJune 12, 2024

    Hawk, a German regtech company with a presence in the APAC region, has announced the extension of its Series B…

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