Brunei

Fintech and Digital Financial Services Gain Momentum in Brunei

The significance of fintech is rising within Brunei’s economy, driven by increased efforts from both the public and private sectors to leverage technology to enhance financial services, improve accessibility and drive economic growth. At the Britain Brunei Business Forum’s “Brunei’s

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Brunei’s Baiduri Bank Taps finbots.ai for AI-Powered Credit Scoring

Brunei’s Baiduri Bank has selected finbots.ai, an AI-powered credit scoring software provider backed by Accel, to accelerate the bank’s financial inclusion drive for the underserved credit market. By adopting finbots’ AI credit modelling solution, creditX, Baiduri Bank will be able

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Brunei and Singapore to Deepen Collaboration for Financial Supervision

The Brunei Darussalam Central Bank (BDCB) and Monetary Authority of Singapore (MAS) has signed a Memorandum of Understanding (MoU) to deepen cooperation in banking and insurance supervision. BDCB and MAS will look into the effective supervision of banks and insurers

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Brunei’s Fintech Industry Continues to Grow Amid Rising Demand and Government Push

Though still in its early stages, Brunei Darussalam’s fintech ecosystem is developing quickly on the back of rising demand for low-cost fintech products, increasing number of entrepreneurs and startups, and supportive government initiatives, according to a new report by the

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Brunei Joins Fintech Race

Brunei is the latest country in Southeast Asia to join the fintech race. Like most of its neighbors, the Southeast Asian nation is looking to develop its fintech sector, leveraging its highly-skilled workforce and expertise in Islamic finance. The launch

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