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    Fintech Singapore

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    Various

    Fintech is Failing at Financial Inclusion for Women

    Fintech News SingaporeApril 3, 2024

    Despite being an attractive segment for financial services providers due to their loyalty and lower default risk, women are still…

    Payments

    Marco Boldini Appointed to Lead TerraPay’s Regulatory Efforts

    Fintech News SingaporeApril 3, 2024

    Payments infrastructure company TerraPay has appointed Marco Boldini as Executive Vice President and Global Head of Policy, Regulatory, and Governmental…

    AustraliaFunding

    Sydney Fintech Constantinople Secures $50M Series A Funding

    Fintech News SingaporeApril 3, 2024

    Sydney-based fintech Constantinople has raised US$50 million in a Series A funding round led by Prosus Ventures, the venture capital…

    InsurTech

    InsureMO’s Technology Integration Bolsters MoneyHero’s Insurance Platform

    Fintech News SingaporeApril 3, 2024

    InsureMO, an insurance middleware platform, has teamed up with financial product comparison platform MoneyHero, aiming to create a “premier digital…

    Digital BankingFinancial InclusionIndonesia

    BRImo App by Bank Rakyat Indonesia Now Has Over 30 Million Users

    Fintech News IndonesiaApril 3, 2024

    PT Bank Rakyat Indonesia (BRI) has announced that its mobile banking app, BRImo, has reached over 30 million users, as…

    Digital BankingLending

    GXS FlexiLoan Programme Saves Customers S$4 Million in Interest Over One Year

    Fintech News SingaporeApril 3, 2024

    Singapore’s GXS Bank has reported that its GXS FlexiLoan programme has facilitated S$4 million in interest savings for its customers…

    Brunei

    Fintech and Digital Financial Services Gain Momentum in Brunei

    Fintech News SingaporeApril 3, 2024

    The significance of fintech is rising within Brunei’s economy, driven by increased efforts from both the public and private sectors…

    Various

    Nick Wilde Steps Down as Thought Machine’s APAC Managing Director

    Fintech News SingaporeApril 2, 2024

    Nick Wilde, the Managing Director of APAC for Thought Machine, has announced his departure from the company to return to…

    Security

    Money Lock Safeguarded S$6.6B Across Over 78,000 Singapore Accounts

    Fintech News SingaporeApril 2, 2024

    Since the launch of the Money Lock feature by three local banks – OCBC, DBS, and UOB – in November,…

    Digital AssetsPayments

    MAS Bolsters Crypto Payment Rules, Here’s What You Need to Know

    Fintech News SingaporeApril 2, 2024

    The Monetary Authority of Singapore (MAS) has announced revisions to the Payment Services Act (PS Act) and related regulations, marking…

    FundingKazakhstan

    Is Kazakhstan The Next Hot Spot for Fintech?

    Fintech News SingaporeApril 2, 2024

    Over the past years, venture capital (VC) funding in Caucasus and Central Asia (CCA) has increased substantially, growing by more…

    Trade Finance

    IFC, DBS Address Trade Finance Gap with US$500 Million Programme

    Fintech News SingaporeApril 2, 2024

    The International Finance Corporation (IFC) and DBS Bank have unveiled a US$500 million financial initiative aimed at enhancing trade in…

    Payments

    Nuvei CEO Philip Fayer to Remain at Helm as Company Goes Private

    Fintech News SingaporeApril 2, 2024

    Canadian payments firm Nuvei Corporation is set to go private following a definitive agreement for a buyout by Advent International,…

    CryptoPayments

    Payment and Crypto Identified as Top Targets for Identity Fraud in Q4 2023

    Fintech News SingaporeApril 2, 2024

    In Q4 2023, the payment and cryptocurrency sectors were the most targeted industries by identity fraud attempts, accounting for 47%…

    Crypto

    Binance Sets up First-Ever Board in Wake of Legal Settlements

    Fintech News SingaporeApril 2, 2024

    Binance Holdings, operator of a crypto exchange of the same name, has established its first board of directors. The announcement…

    Various

    Fintech M&A in Asia-Pacific Poised for Rebound After 2023 Nosedive

    Fintech News SingaporeApril 2, 2024

    Fintech mergers and acquisitions (M&A) in Asia-Pacific (APAC) declined by nearly 15% in Q3 2023, with total deals dropping from…

    Various

    Swedish Firm 6G Digital Acquires 25% Stake in Singaporean Fintech FlexM

    Fintech News SingaporeApril 2, 2024

    6G Digital Private Limited, a Swedish cloud-based integrated digital ecosystem, has acquired a 25% stake in Singaporean fintech FlexM in…

    Payments

    Grab to Discontinue GrabPay Card in June, Citing User Preference for PayLater, Wallet

    Fintech News SingaporeApril 2, 2024

    Southeast Asian ride-hailing superapp Grab has declared that its GrabPay Card service will be phased out, effective 1 June 2024.…

    CryptoIndonesia

    OJK Tightens Crypto Oversight with New Sandbox Requirement

    Fintech News IndonesiaApril 1, 2024

    The Indonesian Financial Services Authority (OJK) has issued a new mandate requiring all financial institutions introducing new products and services,…

    Security

    COSMIC Platform Goes Live in Singapore to Combat Financial Crime

    Fintech News SingaporeApril 1, 2024

    The Monetary Authority of Singapore (MAS) has officially rolled out the COSMIC platform, a digital initiative aimed at bolstering the…

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