Archive
MAS Unveils FEAT Principles to Promote Responsible Use of AI and Data Analytics
The Monetary Authority of Singapore (MAS) has released a set of principles to promote fairness, ethics, accountability and transparency (FEAT) in the use of artificial intelligence (AI) and data analytics in finance. Known as the FEAT Principles, the document provides
Read MoreUOB & Intel Want to Use Artificial Intelligence to Combat International Money Laundering
United Overseas Bank (UOB) today announced it collaborated with Intel to test how federated advanced data analytics can enhance cross-border anti-money laundering (AML) efforts. The project was co-funded by the MAS’ Artificial Intelligence and Data Analytics (AIDA) Grant under the
Read MoreSwiss Blockchain VC Enters Singapore to Capitalise on an SG$ 22.09 Bil Opportunity
Singapore will be receiving a Swiss accelerator and venture capital firm soon, as Blockchain Valley Ventures has decided that our island nation is their next stop, set for operations sometime in 2019. With SGInnovate as a key partner in Singapore,
Read MoreGrab To Have UOB’s Digital Banking Service Integrated into Its App
United Overseas Bank Limited (UOB) and Grab today announced they have entered into a strategic alliance to accelerate the use of digital services among ASEAN’s growing base of digital consumers. Interestingly, this announcement comes shortly after Go-Jek’s partnership announcement with
Read MoreRazer Pay To Be Accepted in NETS Terminals in 2019
Razer, a global lifestyle brand for gamers, today announced that it is working with NETS Group to enable Razer Pay acceptance on NETS unified POS terminals, with the goal of enabling full interoperability by the time Razer Pay launches in
Read MoreMAS Completes Another Project Ubin Blockchain Trial with SGX
The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX) have developed Delivery versus Payment (DvP) capabilities, its built for the settlement of tokenised assets across different blockchain platforms. The hope is that this will help simplify post-trade processes and further
Read MoreRate3 Bridges Enterprises with Blockchain’s Benefits Through Asset Tokenization
Rate3 envisions a future where all forms of assets – including money, stocks, real estate, intellectual property and even an individual’s time – are interchanged seamlessly between application users of various public blockchains. Over the past few decades, global economic
Read MoreDBS and GO-JEK Teams Up in a Fight Against Grab in South East Asia
DBS Bank and GO-JEK today announced that the two parties have entered into a regional strategic partnership. The partnership will see the two companies work together on payment services ahead of GO-JEK’s arrival in Singapore and this will soon extend
Read MoreTop 13 Fintech Blogs and Newspages in Europe
Fintech has been booming all around the world, including in Europe where countries such as England, Switzerland and Germany have been leading the region’s fintech revolution. But with so much happening in the burgeoning European fintech landscape on a regular
Read MoreFSI’s Future Is Autonomous, Oracle Wants to Help You Navigate it
Going to the Singapore Fintech Festival? Good. Staying up to date on the latest services and transformative technologies is more important now than ever, because the future of the financial services industry has never before been so uncertain. A rapidly
Read More