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    FundingSecurity

    Singapore’s EDBI Makes Strategic Investment in Vesta to Fuel Its APAC Expansion

    Fintech News SingaporeAugust 4, 2020

    Vesta, a fintech firm focused on fraud protection, has secured a strategic investment from EDBI, a corporate investment arm of…

    Digital BankingIndonesia

    UOB Launches Digital Bank TMRW in Indonesia

    Fintech News SingaporeAugust 3, 2020

    UOB Indonesia launched TMRW, its digital bank to serve the Indonesian market as part of the group’s strategy to accelerate…

    Various

    Singapore Fintech Festival to Run as a Hybrid Digital-Physical Event in 2020

    Fintech News SingaporeAugust 3, 2020

    The Monetary Authority of Singapore (MAS) and Enterprise Singapore announced that the Singapore FinTech Festival (SFF) x Singapore Week of…

    Philippines

    RCBC’s Diskartech Tops Google Play’s Free Finance Apps, Surpassing Gcash and PayMaya

    Fintech News PhilippinesAugust 3, 2020

    DiskarTech, Rizal Commercial Banking Corporation’s (RCBC) virtual bank has claimed the top spot among free finance apps in Google Play…

    Blockchain

    Standard Chartered Enters Crypto Custody Business, Targets Year End Pilot Launch

    Fintech News SingaporeAugust 3, 2020

    Standard Chartered is the latest bank to get into the crypto custody business, unveiled earlier this month that its innovation,…

    BlockchainSecurity

    MAS Proposes New Regulations Amid Emerging Risks Arising from Digital Assets

    Fintech News SingaporeAugust 3, 2020

    Singapore’s central bank, the Monetary Authority of Singapore (MAS), is proposing new regulations that it would give it more power…

    InnovationSecurity

    Facial Recognition Technology Rapidly Picking Up Steam with Banks and Fintechs

    Fintech News SingaporeJuly 30, 2020

    Advancement in biometric technology, including facial recognition, touch ID fingerprint sensors and voice recognition, is creating new opportunities for fintech…

    Security

    eKYC Solution Provider Jumio Announces Record New Account Growth

    Fintech News SingaporeJuly 30, 2020

    Jumio, a renowned provider of AI-powered end-to-end identity verification and authentication solutions, today announced the biggest quarter for customer growth…

    Covid19Studies

    Singaporean Businesses Slow in Embracing Finance Transformation, SAP’s Survey Finds

    Fintech News SingaporeJuly 29, 2020

    Despite widespread adoption of remote working and digital transformation, finance transformation is still lagging amongst Singaporean businesses, resulting in companies…

    Remittance

    TransferWise Announces Partnership with Aspire On the Back of Its US$ 5 Billion Valuation Spike

    Fintech News SingaporeJuly 29, 2020

    TransferWise announced today a new partnership with Singapore-based fintech Aspire, concurrent with news of its valuation jumping to US$ 5…

    Digital Banking

    Partnerships Between Fintechs and Financial Institutions Drive Faster Innovation in ASEAN’s Digital Banking Sector

    Fintech News SingaporeJuly 29, 2020

    In Singapore, the first digital banking licenses are expected to be granted by the end of this year, marking the…

    Funding

    Thought Machine Enters APAC Market with Cloud Core Banking Solution After Raising US$ 42M

    Fintech News SingaporeJuly 28, 2020

    Thought Machine, the cloud-native core banking technology firm, marks its entrance into the Asia Pacific market by announcing the signing…

    Hong Kong

    Singapore Fintech B2B Startups Are Invited to Pitch for Potential Deals and Funding in Hong Kong

    Fintech News SingaporeJuly 28, 2020

    In its fifth edition, the flagship industry conference Hong Kong FinTech Week this year is launching a unique Global Fast…

    Philippines

    Philippines Launches Blockchain-Based App for Bond Investment with UnionBank and PDAX

    Fintech News PhilippinesJuly 28, 2020

    The Philippine Bureau of the Treasury (BTr), together with Union Bank of the Philippines (UnionBank) and Philippine Digital Asset Exchange…

    Digital Banking

    AMTD Group Chairman Talks Ecosystem Building, Fintech Talent Building, and More

    Fintech News SingaporeJuly 28, 2020

    Financial services group AMTD has reached numerous milestones this year as part of its fintech push. For Calvin Choi, chairman…

    Wealthtech

    UOB Launches Robo-Advisor for Retail Investors in Singapore

    Fintech News SingaporeJuly 27, 2020

    UOB Asset Management (UOBAM) has launched UOBAM Invest, a robo-advisory mobile app that offers retail investors in Singapore personalised and…

    Various

    Marc Bühler Takes Over as Head of Ti&M’s Singapore Office

    Fintech News SingaporeJuly 27, 2020

    ti&m has named Marc Bühler as the head of its new Singapore office, which opened in late 2019. As the…

    Wealthtech

    StashAway Raises $16 Million USD in Its Series C Funding Round Led by Square Peg

    Fintech News SingaporeJuly 27, 2020

    Robo advisor operator StashAway announced today the completion of a $16 million USD Series C fundraising round. Square Peg, the…

    Digital BankingPhilippines

    Diskartech’s Taglish Digibank App Sees 8 Downloads by Filipinos Every Minute

    Fintech News PhilippinesJuly 23, 2020

    Barely three weeks after its launch, more unbanked and underserved Filipinos are now downloading the country’s first and only Taglish…

    Trade Finance

    Infor Partners DBS Bank For Digital Trade Financing

    Fintech News SingaporeJuly 23, 2020

    Infor, a cloud software company, is partnering with DBS Bank to integrate digital trade financing capabilities into the its global…

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