Fintech Singapore | May 2018 - Page 2 of 6

Archive

MAS Warns 8 Digital Token Exchanges and ICO Issuer

The Monetary Authority of Singapore (MAS) has warned 8 digital token exchanges in Singapore not to facilitate trading in digital tokens that are securities or futures contracts without MAS’ authorisation. It also warned an Initial Coin Offering (ICO) issuer to

IOT

Paving the Way for Smart Cities: The Smart Sensor Platform Network

The cost of Internet of Things (IoT) sensors has decreased remarkably over the past decade, heralding new possibilities of a renewed push for smart cities. With worldwide spending on IoT predicted to surpass the USD$1 trillion mark by 2020, this

Online Wealth Mgt

Schroders Invests In Singapore Wealthtech Startup Weinvest

Schroders announces it has reached an agreement to acquire a minority equity stake in WeInvest, a Singapore-based digital wealth services company. Completion of the investment is expected to take place in June. WeInvest is a wealth technology platform provider for banks,

Philippines

Top 5 Crowdfunding Platforms in Philippines 2018

The emergence of crowdfunding activities in the Philippines in recent years now valued to millions has compelled the Securities and Exchange Commission (SEC) to craft rules and regulations that will govern them. In fact SEC announced last December that it

Trading

What Types Of Share Can A Company Have?

Companies can float around multiple types of shares. What most of us have come face to face with are usually ordinary shares that give you as an investor benefits such as the following: A vote in the company. Dividends of

Regtech

Facial Recognition to Protect Singapore Bank Card Holders Rolled Out

Finda System, a fintech company offeringc solutions to the banking sector, announced receiving grant from Monetary Authority of Singapore (MAS) through the central bank’s FSTI (Financial Sector Technology and Innovation) Proof of Concept Scheme. This scheme is aimed at supporting

Mobile Payments

World’s First Fingerprint Biometric Payment and Loyalty Mgt. Solution in Singapore?

Singapore-based technology company Touché today announced an agreement with OCBC Bank to bring the world’s first fingerprint biometric-based payment and loyalty management solution to OCBC’s Singapore credit card merchant customers. Developed in Singapore, Touché includes both an elegant and innovative device and

Blockchain/Bitcoin Trade Finance

Li Wangjian, CEO of UQPAY: Blockchain Technology Is Reshaping Supply Chain Finance

The concept of blockchain emerged in 2016 and was popularized in the latter half of 2017, along with the rapid rise of bitcoin, and then declined due to the crackdowns on ICO and virtual digital currency trading by the Central

Mobile Payments

UQPAY Li Wangjian: Analysis of China’s Cross-Border B2B Payment Market

Cross-border payment prevails in China’s payment industry in recent years. With the tightening of policies and the encroachment of tech giants, the domestic payment industry has gradually become less profitable, powerful payment institutions have changed their business strategies to focus

Crowdfunding

FundedHere Raises Capital for F&B Mobile Ordering and Payments App Waitrr

Local crowdfunding platform FundedHere has raised a significant amount of capital for homegrown Waitrr – a first-of-its-kind ‘mobile waiter’ app which automates food orders to eliminate users’ wait times when dining in restaurants or ordering takeaway food – in an