Archive

Here Are the Winners of the Singapore FinTech Hackcelerator and FinTech Awards 2019

The Monetary Authority of Singapore announced today the three winners of the Global FinTech Hackcelerator. MAS and The Association of Banks in Singapore also announced the 12 winners of the FinTech Awards. Both awards were handed out today at the

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Singlife Launches Singapore’s First Insurance Savings Plan with Visa Card to Spend

Digital insurer Singlife announced today that they have launched their mobile-first insurance savings plan, the Singlife Account. Previously on waitlist, the public is now able to download the Singlife App while an exclusively selected group of customers from the earlier

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Mastercard Launches Fintech Express; Rapyd First to be Onboarded

Mastercard today launched Fintech Express during the Singapore Fintech Festival 2019. According to their press release, through Mastercard’s Fintech Express, fintechs get access to a suite digital-first products, flexible commercial agreements and global licensing support for fintech looking to scale

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DBS Pushes For All Public Hospitals in Singapore to Accept QR Payments by 2020

In a push towards a cashless and chequeless society, DBS Bank is working with Singapore’s three public healthcare clusters, the National Healthcare Group (NHG), National University Health System (NUHS) and Singapore Health Services (SingHealth), on the payment infrastructure to transition

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MAS Announces Successful Trial of Blockchain Based Prototype for Multi-Currency Payments

The Monetary Authority of Singapore (MAS) announced that they have led the successful development of a blockchain-based prototype that enables payments to be carried out in different currencies on the same network. In a media statement, they stated that this

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Wirex Launches Crypto Enabled Multicurrency Visa Card

Wirex announced at the Singapore Fintech Festival 2019 today, that they are launching their Wirex Visa Travelcard. The travel card will enable customers to spend multiple crypto and fiat currencies across APAC. According to their media statement, the travel card

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UOB Launches AI-Powered Personal Financial Management Tool

United Overseas Bank (UOB) has launched Mighty Insights, an artificial intelligence (AI)-based digital banking service to help their customers better manage their finances. With this digital service, UOB will anticipate and provide insights that enable its customers to track their

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Singapore Fintech Festival 2019 Kicks off Tomorrow With Focus on Sustainability

The Singapore FinTech Festival (SFF) and the Singapore Week of Innovation and TeCHnology (SWITCH) will come together for the first time as SFF x SWITCH. Running from 11 to 15 November, this event will gather the global innovation and business

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This Team Creates Your Crypto Enabled Swiss Bank Within 9 Months

All the way from Switzerland, we met Lloyd’s & Partners for an exclusive interview on how to build a licensed Swiss crypto bank within just nine months. Lucas Landolt, Head of Operation and Stefan Jans, Head of Communication, gave Fintechnews

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The BASIS ID Tale – How Digitisation is Revitalising Client Onboarding

BASIS ID, the Estonia-based startup dedicated to ease the hurdles from customer onboarding and KYC will co-host with RegPac an event during the Singapore FinTech Festival. Given the tightened regulatory controls arising from recent scandals with the likes of 1MDB,

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