Archive
How to Join the World’s Mega Rich?
With a personal fortune estimated by Forbes magazine to be $86 billion Bill Gates is undoubtedly the world’s richest man with wealth way beyond the reach of virtually anyone else on Earth. But that’s not to say that Singaporeans aren’t
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Latest Blockchain Fundings in Southeast Asia
Blockchain startups have raised about US$358 million in venture capital in 2017 so far, with much of this sum going towards North American and European startups. Meanwhile, initial coin offerings (ICOs) raised nearly four times more, or about US$1.3 billion.
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The Undisputed Rise of AI and Virtual Reality for Financial Services
Today, it’s the digital customer’s world—banks just live in it. Twenty percent of bank customers are now digital-only users. Seventy-three percent admit they’d be more excited about a new offering from Apple, Google or Amazon than from their own Financial
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Grab and Toyota Launch Data Collaboration Initiative for Connected Car Services
Grab announced the launch of a new data-focused pilot programme with Toyota Motor Corporation, Toyota Financial Services Corporation, and Aioi Nissay Dowa Insurance Co., Ltd. The project aims to use data analysis to enable Grab to offer its driver partners
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Robo-advisor platform Bambu announces strategic investment led by Franklin Templeton and Wavemaker
Bambu, a B2B robo-advisor platform provider, announces it has completed a funding round led by three new investors. Franklin Templeton Investments, a global leader in asset management, becomes the first strategic investor in Bambu. Wavemaker Partners, one of Singapore’s leading
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PolicyPal becomes the First Start-Up to Graduate from the Mas Fintech Regulatory Sandbox
Singapore-based startup PolicyPal today announced its graduation from the MAS FinTech Regulatory Sandbox and will commence operations as a registered direct insurance broker and exempt financial adviser under its subsidiary BaoXianBaoBao Pte Ltd from 1st September 2017. PolicyPal is the
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SAS and KPMG launch first cloud-based IFRS9 and stress testing RegTech solutions in Asia
SAS and KPMG in Singapore released two new Managed Analytics Service Providers (MASP) solutions – the first cloud-based, cost-effective and secure solutions in market to help financial institutions in Asia meet the International Accounting Standards Board’s (IASB) new IFRS9 reporting
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Payments Council Sets Up Taskforce to Develop Common QR Code for Singapore
Establishing interoperable electronic payments and developing a common QR code for Singapore were two key topics that the Payments Council discussed at its inaugural meeting on 11 August 2017. Establishing interoperable electronic payments The Council noted electronic payments as a
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Singapore-Based Blockchain Solutions Provider Bluzelle Closes US$1.5 Million Series a Round
Singapore based blockchain solutions provider Bluzelle has announced that it has raised a US$ 1.5 million Series A round. Aiming to be the database of the sharing economy and next iteration of the internet, Bluzelle is developing a decentralized, on-demand,
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Fintech in New Zealand Grows Despite Lack of Clear Strategy from Government
Despite the several initiatives introduced to encourage fintech development, New Zealand is still falling behind other countries such as the UK, the US and China in the support it provides to boost the sector, according to industry observers and experts.
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