Blog
Singapore and Canada Successfully Trials Cross Border Payments with Central Bank Backed Digital Currency
There’s a growing number of central banks taking a serious look at blockchain and distributed ledger technologies of late. The Bank of Canada and the Monetary Authority of Singapore (MAS) have conducted a successful experiment on cross-border and cross-currency payments
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Nearly 50% of Singaporeans Prefer Contactless Payments
Close to 50 per cent of Singaporeans prefer paying with contactless payments (card and mobile) instead of cash, traditional card payments and QR payments according to the 2018 Consumer Payment Attitudes Study by Visa. Almost all Singaporeans are aware of
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Singapore Welcomes STO Player to its Fintech Sandbox
The Monetary Authority of Singapore (MAS) has aspirations towards encouraging more fintech experimentation, and in November last year, launched a regulatory sandbox that would allow innovative fintechs in legal grey areas to test their solutions in the market, under regulator
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Fintech is the Single Largest Sector in Cambodia’s Startup Scene
With 78% of the population unbanked, only 3% population owning a credit card, and 13% using mobile payment, a new report seems to indicate that Cambodia’s fintech is poised for growth. The rise of fintech platforms and products could represent
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RCBC Bank Pulls a Philippine Fintech Thought Leader to Chair Their Innovation Office
The song and dance for incumbents in Philippines right now is “future-proofing”. Joining the trend of entrenched establishments disrupting themselves before they are disrupted, the Rizal Commercial Banking Corporation (RCBC) appoints Lito Villanueva as Executive Vice President and Chief Innovation
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Singapore’s NETS to Assist Myanmar in Implementing Universal QR Payment
The NETS Group today announced that it has signed a Memorandum of Understanding (MOU) with Myanmar’s national payment network to establish a Payment Technology Exchange & Development Programme. The first project under the Programme will see NETS sharing its technical
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Philippines’ Ayala Corp Raising US$150-M Fund for Disruptive Early-Stage Startups
The Ayala Corporation, Philippines’ oldest conglomerate, is raising a new venture capital fund worth US$150 million, dedicated towards investing into early stage startups engaged in e-commerce, as well as what the company deems as disruptive technologies; like fintech, healthtech, artificial intelligence,
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Citi Enters Partnership with one of the Hottest Fintechs in Vietnam
Citi Treasury and Trade Solutions announced a strategic partnership with Vietnam-based intermediary payment service provider Payoo to facilitate consumer-to-business collections for corporate clients in the country. Under the partnership, Citi’s corporate clients in Vietnam will be able to receive real-time
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Huawei Bets on Singapore’s Artificial Intelligence with New AI Innovation Lab
Huawei held its Cloud Summit 2019, in which the company announced the launch of its Cloud & AI Innovation Lab in Singapore. The lab aims to cultivate local AI talents and bridge Singapore with state-of-the-art AI technologies globally, and accelerate
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Minister Thinks Singapore Needs to Stop Snubbing Seniors for Fintech Talent
Technology isn’t just changing the way businesses work, it is also impacting careers across all fields and disciplines. This is especially true for the financial sector, as financial services institutions are investing heavily in new technological capabilities to enhance competitive
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