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    CryptoDigital Assets

    Banks Are Increasingly Embracing Crypto As It Moves into the Mainstream

    Fintech News SingaporeJuly 6, 2022

    The past year has seen cryptocurrency adoption and trading surge. Total transaction reached US$15.8 trillion in 2021, up 567% from…

    IndiaPayments

    A Look at India’s Grand Vision to be a Global Payments Powerhouse

    Fintech News SingaporeJuly 6, 2022

    In June, The Reserve Bank of India (RBI) released its Payments Vision 2025, a document that outlines the central bank’s…

    CloudPayments

    Mambu Partners With Visa to Revamp Card Payment Experiences

    Fintech News SingaporeJuly 6, 2022

    Cloud banking platform Mambu announced a global partnership with Visa to utilise Visa DPS – one of the largest processors…

    AustraliaDigital Banking

    Australia’s First Islamic Bank Secures License, Beta Testing Begins in 2023

    Fintech News SingaporeJuly 6, 2022

    Australia’s first-ever Islamic bank has just been licensed and will begin beta testing with a small number of customers in…

    Payments

    Sleek Scores Major Payment Institution License From MAS

    Fintech News SingaporeJuly 6, 2022

    Sleek, a platform providing incorporation and accounting services for SMEs and entrepreneurs, has secured a Major Payment Institution License (MPI)…

    Crypto

    Nexo Intends to Fully Acquire Embattled Vauld

    Fintech News SingaporeJuly 6, 2022

    Nexo, a Zug-based digital assets institution, announced that it intends to fully acquire Singapore-based crypto platform Vauld. According to Nexo,…

    Digital Banking

    MAS Threatens Supervisory Action if Banks Exceed 4 Hours of Downtime

    Fintech News SingaporeJuly 6, 2022

    The Monetary Authority of Singapore (MAS) takes seriously all IT incidents that affect the availability of digital banking services, said…

    Crypto

    Crypto Exchange Binance Pursues Aggressive Expansion Plan in Southeast Asia

    Fintech News SingaporeJuly 5, 2022

    Binance has embarked on an aggressive expansion plan in Southeast Asia where the cryptocurrency exchange is looking to capitalize on…

    Crypto

    Singaporean Crypto Exchange Vauld Suspends All Withdrawals, Trading and Deposits

    Fintech News SingaporeJuly 5, 2022

    Singapore-based crypto platform Vauld announced that it will suspend all withdrawals, trading and deposits on its platform with immediate effect.…

    Crypto

    MAS Considers Imposing Additional Safeguards Against Crypto Trading

    Fintech News SingaporeJuly 5, 2022

    The Monetary Authority of Singapore (MAS) has been carefully considering the introduction of additional consumer protection safeguards to protect them…

    Digital TransformationInsurTech

    Singlife With Aviva Backs Local SMEs’ Digitisation With Grab, Google, Razer Fintech

    Fintech News SingaporeJuly 4, 2022

    Homegrown insurer Singlife with Aviva announced the launch of a cross-industry collaboration “A Better Odyssey” which will help promising startups…

    CambodiaCrypto

    Binance to Share Expertise on Digital Assets With Cambodian Regulator

    Fintech News SingaporeJuly 4, 2022

    Global cryptocurrency exchange Binance announced the signing of a Memorandum of Understanding (MoU) with the Securities and Exchange Regulator of…

    Crypto

    Three Arrows Capital Rebuked for Misleading MAS and Exceeding Its AUM Threshold

    Fintech News SingaporeJuly 1, 2022

    The Monetary Authority of Singapore (MAS) has reprimanded cryptocurrency hedge fund Three Arrows Capital (TAC) for providing false information to…

    Crypto

    World’s Most-Followed Tiktoker Khaby Lame Joins Binance as Brand Ambassador

    Fintech News SingaporeJuly 1, 2022

    Global cryptocurrency exchange Binance has partnered with Khaby Lame, the Italian Senegalese creator who grew to fame through his viral…

    Payments

    Global Processing Services Appoints Fiserv’s Kevin Schultz as CEO

    Fintech News SingaporeJune 30, 2022

    Payment technology platform Global Processing Services (GPS) announced that it will be promoting its current CEO, Joanne Dewar, to Vice…

    Green Fintech

    Climate Impact X Leverages Nasdaq’s Tech to Power Its New Spot Trading Platform

    Fintech News SingaporeJune 29, 2022

    Climate Impact X (CIX), a global marketplace and exchange for quality carbon credits, has selected Nasdaq to power its new…

    FundingIndonesia

    Indonesian Social Commerce Firm Mapan Secures US$15 Million Series A

    Fintech News IndonesiaJune 29, 2022

    Indonesian social commerce startup Mapan announced it has closed a US$15 million Series A funding round. The round was co-led…

    Crypto

    Huobi Global to Slash Workforce by 30% Following String of Failed Expansions

    Fintech News SingaporeJune 29, 2022

    Cryptocurrency exchange Huobi Global might lay off more than 30% of its workforce due to a sharp drop in revenue,…

    AustraliaDigital Banking

    Volt Becomes Second Australian Neobank to Shutdown as Funding Dries Up

    Fintech News SingaporeJune 29, 2022

    Australian neobank Volt announced that it will be shutting down its deposit-taking business, return all deposits to its customers and…

    LendingPayments

    Funding Societies Inks Deal to Acquire CardUp

    Fintech News SingaporeJune 29, 2022

    Funding Societies, a Southeast Asian digital financing platform for small and medium enterprises (SMEs), today announced that it is acquiring…

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