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IDC Fintech Rankings 2022: The Most Valuable and Impactful Fintech Companies

Market intelligence firm IDC has published the 2022 IDC Fintech Rankings, a listing of technology providers based on calendar year revenues from financial institutions for hardware, software, and/or services. The providers featured supply the technological backbone of the financial services industry, an industry

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Vietnam’s Buy2Sell Ties up With Mastercard for Cross-Border Payments

Vietnamese e-commerce platform Buy2Sell announced a new strategic partnership with Mastercard to enable multiple payment types to a variety of delivery channels via a single connection through Mastercard Cross-Border Services. Mastercard Cross-Border Services enable financial institutions and partners to build

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Australia to Explore Potential for Retail and Wholesale CBDCs

The Reserve Bank of Australia (RBA) is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) to explore use cases for a central bank digital currency (CBDC). The (DFCRC) is a 10-year, A$180 million research programme funded by industry partners,

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Indian Fintech Signzy Secures US$26 Million in Funding Round Led by Gaja Capital

India-based digital banking infrastructure enabler Signzy announced that it had raised US$26 million in a funding round led by private equity firm Gaja Capital. The round was also joined by its existing investors Vertex Ventures and Arkam Ventures. According to

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Endowus Appoints Former Stash Exec Vinod Raman as Chief Product Officer

Endowus, a Singaporean digital wealth platform licensed by the Monetary Authority of Singapore (MAS), announced that it has appointed Vinod Raman as its Chief Product Officer. Vinod will lead product management, data and design while driving product strategy, roadmap and

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Thunes Ramps up Commitment to ESG With Global Initiatives

Singapore-based global payments company Thunes announced its affiliation with two global ESG initiatives, namely the United Nations Global Compact and Ecovadis. Earlier this year, Thunes said that it had successfully passed sustainability assessments and submitted respective reports to both institutions.

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DBS Rolls Out Self-Directed Crypto Trading for Accredited Wealth Clients

DBS has rolled out self-directed crypto trading, enabling wealth clients who are accredited investors to trade cryptocurrencies on DDEx. With clients’ bank accounts and DDEx custody accounts seamlessly linked via DBS digibank, clients’ funds can be directly debited. Starting from

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Top 12 Upcoming Fintech Events Taking Place in Singapore in Q4 2022

Home to more than 1,000 fintech companies, 40+ innovation labs and some of the world’s largest financial institutions, Singapore has emerged over the past couple of years as a global fintech powerhouse, a leading position that’s been enabled by the

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Superapp Grab Promotes Suthen Paradatheth to Group CTO

Southeast Asian superapp Grab announced that it has promoted Suthen Thomas Paradatheth to Group Chief Technology Officer (GCTO), effective 1 October 2022. Suthen will be responsible for driving Grab’s technology vision, strategy and execution across its deliveries, mobility, and financial

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STACS Partners With Everimpact for Greater Transparency in the Carbon Credits Market

Hashstacs (STACS), a blockchain-based fintech firm focused on Environmental, Social, and Governance (ESG), has partnered with France’s Everimpact to provide banks and corporates involved in the carbon market with greater transparency and trust. The partnership aims to promote data-backed carbon

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