Archive
7 Fintechs in South East Asia That’s Making Financial Inclusion Its Mission
Over 70% of adults in Southeast Asia currently lack sufficient access to financial services and millions of small and medium-sized enterprises (SMEs) in the region still face large funding gaps. The underbanked and unbanked is often overlooked by incumbent banks
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Silent Eight Uses AI to Fight Financial Crime
COVID-19 continues to spread in Singapore with now more than 30,400 confirmed cases and over 20 deaths, according to the latest data from the John Hopkins University. Though the numbers continue to rise, with 614 new cases of COVID-19 infection
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APAC Banks Are Backing Open Banking, but What Does ‘Open’ Really Mean?
A survey launched this week by Finastra revealed that close to 100% of financial institutions in Singapore and Hong Kong think Open Banking is important, with two thirds in Singapore calling it a “must have”. Open Banking has not only
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Mambu Chooses NetGuardians as Partner for Financial Fraud Mitigation
Swiss FinTech NetGuardians, best known for its AI risk platform that combats banking fraud, today announced a new partnership with banking platform Mambu. The new partnership focuses on digital payment fraud, meaning that NetGuardians’ fraud-mitigation software will be available to
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Finastra: 98% of Singapore Banks Agree That Open Banking Is Important to Their Business
A global survey by Finastra shows financial institutions in Singapore are supportive of the Open Banking movement and fintech collaboration, with 86% either committed to or considering opening their APIs in the next 12 months. Nearly all respondents (98%) said
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Regtech Solution Provider IMTF Announces New APAC Head
IMTF, the Leading Swiss provider of RegTech solutions in the financial service industry since 1987, has reinforced its APAC focus and presence with the nomination of Jordan Lo to the company’s management team. Jordan Lo will take over as APAC
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Top 21 Virtual Conferences and Online Summits for Fintech Professionals
With COVID-19 continuing to claim victims and governments still enforcing strict public health rules, online events are providing professionals with the opportunity to keep up with trends and build contacts without the need to travel. Today, we’re giving you our
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RCBC Expands Its Payout Network to Include Those Without Mobile Phones in Rural Areas
Rizal Commercial Banking Corporation (RCBC) said that it is closer to its target of covering all provinces of the country with handheld automated teller machines (ATM) as the bank beefs up the payout partner network through its ATM Go service.
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Unpacking the E-commerce Landscape in Singapore
Singapore is one of the world’s richest countries. The country’s wealth is mostly due to its low unemployment rate, stable economy, superfast internet speed, and a vibrant e-commerce marketplace. Singapore enjoys the fastest-growing e-commerce industry in Southeast Asia, with projections
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How Past Lessons in Digital Payments Can Help Banks Navigate in the New Normal
The past couple of decades have seen a complete upheaval in where we buy things and how we pay for them. New technologies have led to huge shifts in consumer behavior and expectation, while businesses have benefitted from faster and
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