Archive

Cambodia Sees Growing Fintech Industry; Laos Still Lacks Behind

Cambodia’s startup ecosystem is experiencing growth, with tech investment on the rise. By Q2 2018, Cambodia had seen at least 12 tech startup funding announcements, or exactly a 140% increase from at five in the previous year, according to a

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Kazakhstan Strives to Become an Attractive Destination for Fintech Startups

The Kazakhstan government is looking to turn its capital of Astana into an attractive destination for fintech companies as part of a broader plan to reduce the country’s dependence on the export of natural resources. Kazakhstan, the world’s largest landlocked

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Forward-Thinking Applications of Blockchain

Blockchain technology rose to the forefront in 2017 as the cryptocurrency bitcoin experienced a massive price boom. Suddenly bitcoin was everywhere, and it wasn’t just traders and financial experts trying to get to grips with this exciting new digital currency,

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Ayondo Goes CFD Trading in Cambodia

ayondo Markets Limited, and Phnom Penh Derivative Exchange are establishing a collaboration through a white label agreement for ayondo to provide its CFD Trading platform TradeHub as the main execution base for derivative brokers trading CFDs for PPDE’s clients in

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Investors Seeking to Invest $US12 B in ASEAN Startups at Singapore Fintech Festival

The Monetary Authority of Singapore (MAS) announced that 380 participating investors who enrolled for the Singapore FinTech Festival’s deal-making platform, MATCH. Investors have indicated intentions to invest up to a total of US$6.2 billion in ASEAN enterprises next year, and

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Singapore AI Startup Map 2018

Governments and private sectors from around the globe have caught the the artificial intelligence and machine learning bug. Reflecting the same fervor for this, the Singaporean government particularly MAS has also announced its US$ 27 Million grant for artificial intelligence.

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SWIFT Completes Trial — Cross Border Payments From Singapore Made in 30 Seconds

SWIFT recently shared the successful test results of its new instant cross-border payments proof of concept. This news follows on the heels of their previous announcement of launching a sandbox which allows fintech players to test on Australia’s New Payments Platform

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UOB Announces AI-Based App That’ll Give Financial Advice Based on Your Spending Habits

UOB Bank today announced the launch of its pan-regional engagement lab (eLab), with a goal of helping the bank converse with its consumers in a more personalised manner. eLab is a dedicated unit set up by UOB that aims to use

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What’s Preventing Blockchain Becoming Mainstream in Singapore Business?

Blockchain has been mentioned as a technology that could be set to revolutionise many industries for a few years now. It rose to prominence as the technology underpinning bitcoin and other cryptocurrencies and has since been touted as a solution

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Swift Brings World Open Banking Sandbox For Fintechs

SWIFT in conjunction with Australia’s New Payments Platform (NPP) have launched a sandbox that allows independent fintechs to test the NPP network—an Australian, industry-wide infrastructure to enable almost real-time, 24/7 payments. The network is Australia’s bid to replace the clunky legacy infrastructure

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