Archive

Grab’s New GrabPay Card is Completely Numberless

Grab announced today the launch of their GrabPay Card which is available in Singapore starting today. The physical card is completely numberless front and back, the thinking behind this design according to Grab is to avert the prospect of theft

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Razer Fintech Appoints Ex-DBS Chief Innovation Officer Neal Cross To Its Board Of Advisors

Razer Fintech, the fintech arm of Razer Inc., has appointed Neal Cross as an Advisory Board member, joining other members of the advisory board,ex-GIC Chairman Lim Siong Guan and ex-DBS Chairman Koh Boon Hwee. With Neal’s addition, Razer Fintech is

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UOB’s Thai Digital Bank TMRW to Enable Biometrics for Account Opening

TMRW by UOB, a mobile-only bank in Thailand, today announced that it has enabled fingerprint and facial biometrics to make it speedier and safer for customers to open their TMRW accounts. In doing so, TMRW claims that it is the

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WWF and UnionBank Team Up for Financial Inclusion in Philippines Using Blockchain

Today the World Wide Fund for Nature (WWF) Philippines, UnionBank of the Philippines, and TX, announced the launch Tracey, an app for fisherfolk that will use blockchain technology for documenting and verifying catch and traceability data. The provided data can then be used by

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Asia Pacific Leads in Adoption of Mobile Financial Services

It’s undeniable that the introduction of mobile technologies has brought about radical innovation across industries, among those that are most impacted, is the personal finance space. Though the growth of finance apps has become a global phenomenon, it is Asia-Pacific

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MIT Technology Review Recognises 20 Emerging Innovators Under 35 for the Asia Pacific Region

  MIT Technology Review has announced its annual list of Innovators Under 35 for the Asia Pacific Region. This acclaimed list honours innovators making great strides in their respective fields. Selected from a pool of 200 exceptional candidates, the 2020

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Blockchain Based Ride Hailing Service TADA Raises US$ 5 Million in Series A Funding

MVLLABS Pte Ltd (“MVL”), the company behind TADA,  a blockchain-based ride-hailing service that the company claims to be zero-commission, announced today a series A investment of US$5 million led by South Korean venture capital firm, SV Investment. Two of South

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Kredivo’s Parent FinAccel Raises US$90 Million; Doubles Down on Growth in South East Asia

Singapore-headquartered FinAccel, a fintech firm that enables Indonesian consumers to buy online and pay later under the brand Kredivo, has raised US$90 million in a Series C equity funding round to expand in Indonesia and the region. Since inception just

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Kaspersky Eyes to Tackle Crypto Crimes That Are Costing the Industry Billions

With the total market capitalization of cryptocurrencies estimated to be more than US$200 billion, it’s evident to industry observers that the crypto industry has been rapidly on the rise in recent times. Inevitably, with the rise, comes bad actors who

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Top Innovation in Finance Books to Read this Christmas

I can’t believe how fast this year went by. 2020 is knocking on our doors shortly. As we are about to enter the last month of 2019 we want to share the Lightbulb Capital reading list based on books Derek

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