Covid19

Singapore to Allow Banks to Reopen with Strict Requirements

Financial institutions (FIs) in Singapore will be allowed to reopen more customer service locations from 2 June 2020. This will be carried out with strict safe management requirements in place, to minimise the risk of COVID-19 infections, in line with

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Pand.ai Powers CIMB SG’s Chatbot Help Businesses Seeking Support During COVID-19

Pand.ai announced today that it has developed a chatbot for CIMB Singapore to help business owners with their queries on COVID-19 financial schemes offered by the bank. CIMB said that it is the first bank in Singapore to have developed

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COVID-19 Volatility Hurts CFD Trading Strategies

While 2020 so far will been one to forget for investors, April as a stand-alone was actually historically one of the strongest months of all time. As this chart from Nasdaq below shows, more indices increased between 11% to 15%.

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MAS and AMTD Group Allocates S$6M Grant to Support Singaporean Fintech

The Monetary Authority of Singapore (MAS), Singapore FinTech Association (SFA), AMTD Group and AMTD Foundation (collectively, AMTD) today announced the launch of a S$6 million MAS-SFA-AMTD FinTech Solidarity Grant (the Grant) to support Singapore-based FinTech firms amid the challenging business

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Rethinking Live Fintech Events and Summits in the Time of COVID-19

COVID-19 is continuing to spread around the world, causing deaths and major disruption to the global economy. To date, more than 251,000 people have unfortunately succumbed to the virus and the number of confirmed cases has exceeded 3.5 million, according

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Philippines’ RCBC is Thriving Despite COVID-19 Pandemic

Yuchengco-led Rizal Commercial Banking Corporation (RCBC) is reporting record-highs in digital growth amid the pandemic and Philippines’ enhanced community quarantine (ECQ). The bank is seeing triple-digit growth of up to 821% in key metrics of RCBC’s online and mobile facilities

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Razer Fintech’s Digital Hackathon Calls on Singapore’s Youth to Solve COVID-19 Banking Challenges

Razer’s financial technology arm, Razer Fintech, is launching its first-ever digital hackathon in Singapore, scheduled for 15 May 2020 to 17 May 2020, where Razer Fintech will continue to support and resolve issues faced by the youth and local startups

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COVID-19 Solidarity: How Fintechs Are Offering Support to Other Fintechs in Asia

The COVID-19 pandemic is impacting businesses of all sizes and in all industries. Around the world, fintechs are showing solidarity by deploying resources to help their community navigate the storm. Today, we look at some of the initiatives launched by

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Rapyd Announces Solidarity Programme for Singapore Businesses to Adopt Digital Payments

Rapyd, a global Fintech as a Service company, today announced a new Solidarity Programme to help Singapore businesses quickly accept payments online with no fees until the end of June, enabling them to serve customers staying at home while reducing

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DBS Donates SGD 10.5 Million To Help Asian Communities Hard Hit by COVID-19

DBS Bank announced today that it will be donating SGD 10.5 million to help communities hard hit by Covid-19 across the region. Through the “DBS Stronger Together Fund”, the bank will provide about 4.5 million meals and care packs to

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