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Research Highlights Top Tech Trends in APAC to Watch out for in 2020
In Asia Pacific (APAC), #blockchain was in the top five most used hashtags around banking this year, with respondents in Malaysia being more likely than those in other countries to vote it as the most transformative of 2020, according to
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In Southeast Asia, 50% of Financial of Financial Authorities Have Developed Regtech Initiatives
50% of financial authorities in Southeast Asia have developed regtech initiatives, showcasing a wider trend among regulators across the region as these increasingly turn to technology to help them adapt to the changing financial services landscape, according to a new
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5 Wealthtech Trends in Asia for 2020
Technology is transforming all aspects of the financial services industry including asset and wealth management industry. Over the past couple of years, new companies have entered the industry offering advice based on artificial intelligence (AI) and big data, micro-investment platforms,
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The Digital Ecosystems That Will Help Indonesia Reach 80% Financial Inclusion
The Southeast Asia Internet Economy Report 2019 by Google, Temasek, and Bain & Company predicts that Indonesia’s digital economy will more than triple to US$133 billion in 2025, driven largely by increasing acceptance by its more than 260 million population.
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6 IoT Gadgets Gifts that Cost Less than US$100 for This Christmas
Christmas is coming in just 8 days and for those who are still looking for what to offer their geeky friends and relatives, we’ve compiled six Internet-of-Things (IoT) gadgets and smart devices they’re probably yearning for this year. All of
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Switzerland’s Crypto Bank SEBA Expands to Singapore
SEBA Bank, an integrated bank for digital and traditional assets and licensed by the Swiss supervisory authority FINMA, is now onboarding clients from Singapore alongside 9 other jurisdictions which includes Hong Kong, UK, Italy, Germany France, Austria, Portugal and Netherlands.
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Who Will Be the Ultimate Winner of Asia Pacific’s Virtual Banking Race?
Ever since Hong Kong issued 8 virtual banking licenses earlier this year, regulators around Asia are clamoring to come up with their own framework to facilitate this new breed of banks. While Hong Kong has reinvigorated Asia’s interest in virtual
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SingSaver Gets Brokerage License from MAS, Launches Digital Insurance Comparison
Comparison platform SingSaver.com.sg announced today that they have launched instant digital insurance comparison on its platform fresh off securing a brokerage license from the Monetary Authority of Singapore. The platform now offers a comprehensive range of insurance products across travel,
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Singapore’s Digital Banking License Race Intensifies With Deadline Looming in Weeks
In Singapore, the end-of-year deadline to apply for a digital banking license is coming up, and tech companies, banks and brokerages are racing to form partnerships to meet regulators’ stiff requirements. Singapore will be issuing up to two retail and
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Adoption of Facial Recognition for eKYC on the Rise in Asia
The increasing risk of data breaches, coupled with customer demand for all-digital onboarding processes, rising mobile phone penetration, and security concerns among customers, is expected to propel future global growth of technology-based identification, especially in APAC, according to a report
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