Archive
Millennials to Hold 5 Times More Wealth in 2030 — Banks Are Struggling to Attract Them
The market for investing is changing rapidly and incumbents are struggling to satisfy the needs and expectations of younger generations of investors, according to a report by tech market intelligence firm CB Insights. By 2030, Millennials are expected to hold
Read More
TransferWise Rules out Digital Banking License, Rolls Out Multi Currency Card Instead
UK-Based money transfer service TransferWise has confirmed that it will not be pursuing a digital banking license in Singapore. Venkatesth Saha, Head of Asia Pacific and Middle East expansion said in an interview (paywall) that they only have one focus
Read More
Southeast Asia’s Booming Internet Economy to Boost Fintech Growth
Southeast Asia’s Internet economy is booming, driven by the ubiquity of mobile phones, rising Internet penetration and a growing middle class, according to a new report by Google, Temasek and Bain & Company. In the e-Conomy SEA Report 2019, released
Read More
Singapore Ranks First in Global Cities’ AI Readiness and Smart City Effort
Two recent studies have found Singapore to be the world’s most prepared city for the age of artificial intelligence (AI), and the global leader in terms of smart city effort. The first research, conducted by the Oliver Wyman Forum, ranks
Read More
10 Hotels In Singapore To Stay While Attending A Fintech Conference Or Convention
Singapore, a global transportation, commerce and financial hub, is a dynamic business events destination that hosts some of the world’s largest conventions and business events. Consistently, the city state has been ranked as one for the top meetings, incentives, conferences
Read More
Singapore Fintech Festival 2019: What To Do and See
The annual Singapore Fintech Festival (SFF), the world’s largest fintech gathering, is coming back in November for a week-long event that’s set to bring to together tens of thousands of participants representing top global financial institutions, fintech unicorns, policy makers,
Read More
Traveltech Startup Upgrade Pack Hires Ex-Expedia Veteran as it Expands into APAC
Travel technology scaleup Upgrade Pack has expanded its flight and hotel upgrade business into Asia Pacific with the opening of a Singapore office. As part of the company’s growth, Upgrade Pack has appointed ex-Google and Expedia executive Toby Berger as
Read More
Mobile Money: How Singapore Compares to the Rest of the World
Mobile money has changed the face of finance since the concept was pioneered in Kenya nearly 20 years ago. We can broadly define mobile money as any monetary value stored on a mobile device, be it a feature phone or
Read More
What to Expect From Hong Kong Fintech Week 2019 — Asia’s Global Fintech Event
One of Asia’s largest fintech events the Hong Kong Fintech Week is returning from November 4 to 8. This year’s program will cover key themes including artificial intelligence (AI), blockchain, fintech in China, Greater Bay Area collaboration, and virtual banking. It
Read More
Fresh off US$100 M Funding Rapyd Secures Remittance License in Singapore
Fintech-as-a-Service platform Rapyd obtained a Remittance licence by the Monetary Authority of Singapore (MAS). The remittance licence will enable Rapyd’s corporate customers to extend remittance capabilities to their users, allowing them to send and receive money to and from over
Read More