Covid19

Razer Commits US$50 Million To Support Business Partners During The Fight Against Covid-19

Razer™, the leading global lifestyle brand for gamers, today pledges to support business partners, both current and future, through the economic downturn brought about by the Coronavirus Disease 2019 (COVID-19). Razer will deploy up to US$50 million within 2020 through

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MAS Extends Digital Bank Assessment Period in View of COVID-19 Pandemic

The Monetary Authority of Singapore (MAS) announced today that it will extend the assessment period for the award of digital bank licences. Successful applicants will be informed in 2H 2020 instead of June 2020 as originally intended. In January 2020,

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Covid-19 Support: Monetary Authority of Singapore Launches S$125 Million Package for Fintechs

The Monetary Authority of Singapore (MAS) today announced a S$125 million support package to sustain and strengthen capabilities in the financial services and FinTech sectors amid the current economic slump. The support package will help to position financial institutions (FIs)

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The Fintech Winners and Losers of the COVID-19 Pandemic

The COVID-19 outbreak has already had an enormous impact on the global economy, shaking up all industries. When thinking of this crisis it helps to remember that the birth of fintech was catalysed by the Global Financial Crisis circa 2008-2009,

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How is Indonesia’s Economy Coping with COVID-19?

The hullabaloo surrounding the most contagious global pandemic in recent years is having a devastating impact on the Indonesian economy. According to Statista, 57% of Indonesians believe that the current COVID-19 outbreak will have a major impact on the national

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Maybank Offers Free Money Transfers for Malaysians Impacted by the Movement Control Order

Standing shoulder to shoulder with the community, Maybank today announced that it is offering complimentary remittance services for Malaysians working and living in Singapore who have been impacted by the Malaysia Movement Control Order (MCO). All Maybank and non-Maybank Malaysian

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BASIS ID To Support SMEs With 1 Million Free Identity Verification Service

BASIS ID will dedicate 1 million free verifications to companies from the APAC region to aid them recover from the crisis. During this difficult time, COVID-19 is restricting face-to-face contact between people, whereas the necessity to conduct customer identification and

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MAS and Financial Industry to Support Individuals and SMEs Affected by the COVID-19 Pandemic

The Monetary Authority of Singapore (MAS), together with the Association of Banks in Singapore (ABS), the Life Insurance Association (LIA), the General Insurance Association (GIA), and the Finance Houses Association of Singapore (FHAS), today announced a package of measures to

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How Governments Around The World Are Supporting SMEs During the COVID-19 Crisis

Around the world, countries are ramping up fiscal measures and financial aid programs to respond to the economic impact of the COVID-19 pandemic. With our colleagues on the ground in Singapore, Malaysia, the Philippines, Hong Kong, Switzerland and the United

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