Archive
Why Fintech is an Important Ingredient in Any Smart City Ambition
Smart cities. They were a popular term that has since lost a bit of its steam among the general public, and yet, with the dramatic reduction of Internet-of-Things (IoT) prices last decade, the smart city initiative is now a gleam
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Red Dot Payment Acquired By Dutch Company and Now Valued at US$65 Mil
Fintech and payments organisation PayU just acquired majority stake in Red Dot Payment (RDP), a Southeast Asia focused online payment solutions provider. Now, the Netherlands-based PayU will utilise the purchase to expand into Southeast Asia in a bid to participate in
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Meniga Opens Singapore Office After Helping UOB Build Their Digital Bank
Digital banking solution provider Meniga announced the opening of their newest location in Singapore. Including this newest location the company now has seven locations worldwide, including Reykjavik, Stockholm, Helsinki, Warsaw, Barcelona, and London, where it is headquartered. According to the
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7 Recent Stories That Proves Singapore is a Leader in Fintech and Innovation
In Southeast Asia, Singapore has established itself as a fintech hub leading the way when it comes to investment and regulations. A combination of favorable rulings, supportive initiatives from both the private and public sector, an already dynamic startup ecosystem,
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SGD 16.8 Million Raised for Blockchain Solutions Through Singapore’s Government Backed Blockchain Accelerator
Today, Tribe Accelerator, Singapore’s first government supported blockchain accelerator, held its first ever Demo Day at Facebook’s Asia-Pacific Headquarters in Singapore. The Demo Day is part of a global demo tour that will showcase the market-ready solutions developed by Tribe’s
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soCash Enables ICBC Customers to Withdraw Money in Neighbourhood Stalls
soCash, the Singapore-headquartered start-up which converts shops into virtual ATMs announced that it has tied-up a partnership with ICBC Singapore. Through this new partnership, soCash will extend its services to all ICBC customers in Singapore and enable them to perform
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University of the Philippines Will Launch NFC-Powered ID Cards That Double as a Cashless Payment Card
Soon, students and employees in the University of the Philippines (UP) will say goodbye to the typical barcoded ID cards and instead be given ID cards with radio frequency identification (RFID)/near-field communication (NFC) capabilities. The University has signed a memorandum
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7 Wealthtech Solutions from Europe That Singaporean Banks Should Know
The wealth management sector is facing tremendous changes fueled by technology and changing customer expectations. Wealthtech, which stands for wealth and technology, has become one of the hottest sub segments of fintech with companies in the space raising over US$12.2
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NETS Enables Over 500 Singaporean Hawkers to Accept Cashless Payments
22 coffee shops, 10 hawker centers and 12 industrial canteens have adopted a unified digital payment solution provided by NETS, Enterprise Singapore said on June 29. The solution combines in one point-of-sales terminal and a single SGQR label a total
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7 Things You Need to Know About Singapore’s Digital Banking Licenses
Following the announcement and issuing of Hong Kong’s virtual banking license, Singapore has announced their intentions to launch the same; to allow entities without banking parentage to conduct banking activities. Digital banks generally refers to banking entities that operate without
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