Archive
Money20/20 Asia is the Latest Event Postponed Amidst the COVID-19 Coronavirus Crisis
Concerns are heightening against the backdrop the COVID-19 novel coronavirus increased cases and deathtoll. In light of this global health crisis, event organisers around the world are taking steps to prevent the coronavirus from further spreading. Major events like the
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Philippine Fintech Festival to Showcase Philippines as Asia’s Next Fintech Hotbed
The Philippines is all set to cement its role as the next hotbed for fintech and tech innovation with all the necessary ingredients to tech up already present in the Southeast Asian country. A solid financial and business ecosystem with
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Bruc Bond Announce Expansion into Asian Market with Singapore Opening
Bruc Bond, (formerly Moneta International), a specialist in business banking and international payments from Lithuania, has announced the opening of its Singapore office in the heart of the thriving financial district. Bruc Bond shared that it is working with a
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How DeFi is Building a New Financial System
DeFi made its debut in 2019 and achieved huge user growth in blockchain industry. Yet DeFi is still far from being widely accepted and therefore has great development potential. This article intends to help readers get acquainted with DeFi by
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Siam Commercial Adopts Facial Recognition to Allow Account Opening at 7-Eleven
Thailand’s Siam Commercial Bank (SCB) has further enhanced its partnership with 7-Eleven to drive agent banking services. In this new enhanced partnership, new SCB customers will be able to open a non-passbook savings bank account at 7-Eleven’s Counter Service using
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Singapore’s New Digital Trade Platform Sees First Transaction from DBS and Audi
Advancing Singapore’s trade digitalisation agenda, DBS Bank, in collaboration with Audi Singapore (Audi) and Audi’s local distributor, Premium Automobiles (Premium), completed the first trade financing transaction on Singapore’s Networked Trade Platform (NTP). The inaugural trade relates to a SGD3.5 million
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Here Are The Contenders to Singapore’s Digital Banking Race
Singapore’s digital banking license was perhaps one of the most widely discussed topic in 2019 within fintech circles and we suspect 2020 will not be too different with MAS anticipated to issue licenses by mid-2020. There were many speculations as
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DBS’ QR Ang Bao Sees Nearly SGD$3 Million in Transaction So Far
DBS QR Gift, a QR-based payment solution for Ang Bao’s has nearly double its transaction this year. This Chinese New Year, nearly $SGD 2.7 million has been loaded onto DBS QR Gift card, this is compared to $SGD 1.5 million
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Indonesia’s is WeChat Pay and Alipay’s Next Battleground
The mobile payment scene in Indonesia is burgeoning, with research indicating that it will exceed US$ 15 billion by this year. This trend is largely driven by heavy investments into the space by major players like GoPay and OVO, alongside
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Most Are Still Afraid to Invest in Crypto Despite Increased Awareness, OECD Survey Shows
Despite awareness of cryptocurrencies and initial coin offerings (ICOs) being high and interest in investing in this new asset class being strong, ownership of cryptocurrencies and tokens issued through ICOs is still low in Southeast Asia, according to a research
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