Covid19
How Singapore is Helping its Fintech Stay Afloat During the COVID-19 Crisis
In Southeast Asia, Singapore has been leading the way when it comes to fintech innovation. As of late 2019, the city state was home to more than 600 fintech firms, which had attracted over half of total funding for the
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MAS Launches S$1.75 Million Challenge for a Pandemic-Resilient and Greener FSI Sector
The Monetary Authority of Singapore (MAS) announced on Monday the launch of a S$1.75 million MAS Global FinTech Innovation Challenge. The competition will seek innovative solutions that can help financial institutions respond to two critical global challenges: COVID-19 and climate
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ABS: Banks Are Ready to Support Landlords Affected by Rent Relief Measures
In a statement issued by the Association of Banks Singapore, the association reiterated that banks in Singapore are ready to support landlords who are facing income constrains and cashflow issues from the rental relief measures under the proposed COVID-19 (Temporary
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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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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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