Archive
Rapyd Announces Solidarity Programme for Singapore Businesses to Adopt Digital Payments
Rapyd, a global Fintech as a Service company, today announced a new Solidarity Programme to help Singapore businesses quickly accept payments online with no fees until the end of June, enabling them to serve customers staying at home while reducing
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MAS Launches New Facility at 0.1% Interest Rats to Help Banks Lower Cost of Loans to SMEs
The Monetary Authority of Singapore (MAS) has launched the MAS SGD Facility for ESG Loans (the Facility) in partnership with Enterprise Singapore (ESG), to lend Singapore Dollars (SGD) at an interest rate of 0.1% per annum to eligible financial institutions,
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Digibanks are Coming to Singapore and It Promises to Shake up the Banking Industry
With Singapore set to deliver its first digital banking licenses later this year, the city-state is preparing for a new era in banking. In June 2019, the Monetary Authority of Singapore (MAS) announced that it would issue up to five
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8 Takeaways and Recommendations for the Age of AI in Asia
Ti&m, a leading Swiss IT provider and digital solution developer, has released a special magazine on artificial intelligence (AI), exploring the technology’s impact on the business world and addressing how companies should react to it. In the magazine, ti&m executives and experts
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DBS Donates SGD 10.5 Million To Help Asian Communities Hard Hit by COVID-19
DBS Bank announced today that it will be donating SGD 10.5 million to help communities hard hit by Covid-19 across the region. Through the “DBS Stronger Together Fund”, the bank will provide about 4.5 million meals and care packs to
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BSP Monetary Board Grants RCBC Approval Distribute COVID-19 Relief Fund
The Bangko Sentral ng Pilipinas (BSP) granted authority to Rizal Commercial Banking Corp. (RCBC) to accept government funds to assist the social amelioration program under the Bayanihan to Heal as One Act. RCBC is the first private universal bank permitted
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COVID-19: UnionBank’s Platform Accelerates Online Donations for Philippine NGOs
Union Bank of the Philippines through its UShare platform, is enabling non-government organizations (NGOs) in the country digitize with some recording up to 30-fold increase in daily online donations after an Enhanced Community Quarantine was imposed on March 17. With
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Cloud Computing, a Major Tech Trend in Finance This Year, Also in Singapore
Many financial institutions are already using cloud-based software-as-a-service (SaaS) applications for business processes, but 2020 is set to be the year that adoption accelerates, experts and industry participants say. Cloud computing: one of the biggest trends of 2020 Cloud computing
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Karsten Kemna Appointed New Managing Director of CREALOGIX Asia
Crealogix, announced the appointment of Karsten Kenma as the new Managing Director of Asia Pacific. In his new role Karsten Kemna is responsible for the strategic development of CREALOGIX in this growth market. In this key position, he will continue
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Fintech Deals See a Downturn Amid COVID-19 Health Crisis
Fintech investment and M&A deals saw a sharp downswing in March due to the COVID-19 outbreak, according to a new report by investment bank Houlihan Lokey. In March, North America and Europe recorded 28 M&A deals in the fintech sector,
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