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    Blockchain

    SGD 16.8 Million Raised for Blockchain Solutions Through Singapore’s Government Backed Blockchain Accelerator

    Fintech News SingaporeJuly 4, 2019

    Today, Tribe Accelerator, Singapore’s first government supported blockchain accelerator, held its first ever Demo Day at Facebook’s Asia-Pacific Headquarters in…

    Mobile PaymentsVarious

    soCash Enables ICBC Customers to Withdraw Money in Neighbourhood Stalls

    Fintech News SingaporeJuly 3, 2019

    soCash, the Singapore-headquartered start-up which converts shops into virtual ATMs announced that it has tied-up a partnership with ICBC Singapore.…

    Philippines

    University of the Philippines Will Launch NFC-Powered ID Cards That Double as a Cashless Payment Card

    Fintech News PhilippinesJuly 3, 2019

    Soon, students and employees in the University of the Philippines (UP) will say goodbye to the typical barcoded ID cards…

    Wealthtech

    7 Wealthtech Solutions from Europe That Singaporean Banks Should Know

    Fintech News SingaporeJuly 2, 2019

    The wealth management sector is facing tremendous changes fueled by technology and changing customer expectations. Wealthtech, which stands for wealth…

    Mobile Payments

    NETS Enables Over 500 Singaporean Hawkers to Accept Cashless Payments

    Fintech News SingaporeJuly 2, 2019

    22 coffee shops, 10 hawker centers and 12 industrial canteens have adopted a unified digital payment solution provided by NETS,…

    Digital Banking

    7 Things You Need to Know About Singapore’s Digital Banking Licenses

    Fintech News SingaporeJuly 2, 2019

    Following the announcement and issuing of Hong Kong’s virtual banking license, Singapore has announced their intentions to launch the same;…

    Philippines

    Mobile Wallet GCash Leads in Filipino Market

    Fintech News PhilippinesJuly 2, 2019

    With more than 5 million downloads from Google Play, GCash is not only one of the Philippines most popular mobile…

    FundingInsurTechWealthtech

    Sumitomo Life Buys 25% Stake in Singapore Life for US$ 90 Million

    Fintech News SingaporeJuly 1, 2019

    Singapore Life seems to be a on a streak, as they raise yet another round funding this year. In this…

    Digital Banking

    Monetary Authority of Singapore to Issue up to 5 Virtual Banking Licenses

    Fintech News SingaporeJune 28, 2019

    Speaking at the 46th Annual Dinner of the Association of Banks, Senior Minister Tharman Shanmugaratnam who is also the Chairman…

    Blockchain

    Singapore’s Central Bank Has Some Serious Reservations about Facebook’s Cryptocurrency

    Fintech News SingaporeJune 28, 2019

    The Monetary Authority of Singapore is now among the regulators that have expressed reservations about Facebook’s upcoming cryptocurrency, Libra. The…

    Big Data

    How Well Do You Understand Today’s Customer?

    Colleen DrummondJune 28, 2019

    Power has shifted from companies to customers. Mobile phones have become central to our lives. Trust in institutions and traditional…

    Vietnam

    Vietnam’s Digital Bank Timo Celebrates Its Third Birthday

    Fintech News VietnamJune 28, 2019

    Three years have passed since Lifestyle Project Management and Vietnam Prosperity Joint Stock Commercial Bank (VPBank) launched Timo, the country’s…

    Digital BankingMobile Payments

    Grab is Now US$300 Mil Closer to Lofty US$6.5 Bil Goal it Needs to Hit By End of 2019

    Fintech News SingaporeJune 27, 2019

    Grab just announced an additional investment of US$300 million from Invesco , a global independent investment management company. The additional…

    Digital Banking

    Singapore PM Confirms That Central Bank is “Seriously Studying” Virtual Banking License

    Fintech News SingaporeJune 27, 2019

    Singapore has already expressed their interest issuing virtual banking licenses, which could potentially admit fintech firms without a traditional bank…

    Financial InclusionStudiesVarious

    Singapore’s Fintech Adoption Has Increased by Almost Three Times in Just Two Years

    Fintech News SingaporeJune 26, 2019

    In just two years, the rate of Fintech adoption among Singapore consumers has almost tripled, according to the EY Global…

    Blockchain

    World’s First Traditional Equity Shares on the Blockchain Launches in Singapore

    Company AnnouncementJune 26, 2019

    Blueshare, the world’s first traditional equity shares on the Ethereum blockchain, held its Singapore private launch dinner on June 24,…

    Blockchain

    A Blockchain-Based Alternative to Grab is Now Listed on Binance

    Fintech News SingaporeJune 25, 2019

    Binance just announced a partnership with a Singapore-based blockchain company with a simple goal: keeping relevant information about a vehicle…

    IndonesiaLending

    Indonesian P2P Lender Koinworks Raises SGD$ 16.5 Million in Series B Round

    Fintech News IndonesiaJune 25, 2019

    KoinWorks, one of Indonesia’s key players in the peer-to-peer (P2P) lending space, OJK, today announced its Series B fundraise of…

    Various

    Accenture: Half of the Banks are Not Making Visible Progress in Digital Transformation

    Fintech News SingaporeJune 25, 2019

    The US$1 trillion that traditional retail and commercial banks have invested globally over the past three years to transform their…

    Various

    Major Payments and Banking Players Gather at Seamless in Singapore to Discuss the Future of Commerce in Asia

    Company AnnouncementJune 23, 2019

    Seamless Asia, the region’s largest free-to-attend payments, banking, identity, e-commerce and retail conference and exhibition with 150 exhibitors and over 6,000 attendees,…

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