Archive

Singapore Fintechs See Over Half a Billion in Fundraising Activities Despite COVID-19

Investments into Singapore headquartered fintechs rose sharply in the months of April and May 2020, reversing a quiet first quarter as investors made larger bets on businesses relevant in the current environment. Total equity funding reached a record high of

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RCBC Named Best Digital Bank in Philippines

The Rizal Commercial Banking Corporation (RCBC) was recognized yesterday as the “Best Digital Bank in the Philippines” by a Hong Kong-based institutional investment magazine. This year’s edition of the Annual Alpha Southeast Asia Best FI Awards deliberated on the performance

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Mambu Announces Global Partnership With Google Cloud

Mambu, a cloud banking platform, announced its partnership with Google Cloud today. Mambu customers can now launch and extend banking and lending operations in more countries on its cloud-agnostic platform. The partnership allows Mambu to operate end-to-end on Google Cloud

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CardUp Allows You to Pay Your Rent, Tax, Insurance and More With Your Credit Card – and Earn Additional Rewards

COVID-19 continues to spread in Singapore with 257 new reported cases, bringing the national total to 41,473, including 26 deaths, according to latest data from the Ministry of Health, dated June 18. As a result of the pandemic and ensuing

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Thailand’s Central Bank Announces Digital Currency Prototype

​The Bank of Thailand (BOT) has announced the project to develop the prototype of the payment system for businesses using Central Bank Digital Currency (CBDC), which will build upon knowledge from Project Inthanon.  The project scope will include conducting a

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Visa Shares Key Findings on How COVID-19 Reshaped Consumer Payments

Visa today announced key findings on how the spending habits and behaviours of Singaporean consumers are changing as operating in the ‘new normal’ takes shape across the globe. These findings come from a Visa survey of consumers from across 40

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AMTD & Xiaomi Finance Pours S$ 5M in Fintech Programme with Singaporean Universities

AMTD Group, Xiaomi Finance, Singapore Management University (SMU) and the Institute of Systems Science at the National University of Singapore (NUS-ISS), jointly launched the ‘AMTD-Xiaomi-SMU-ISS Digital Finance Leadership Programme’ (“AXSI Programme”) today at a virtual signing ceremony. This programme is

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14 Out Of 21 Digital Bank Applicants Eligible for Next Stage of Assessment

The Monetary Authority of Singapore (MAS) announced today that 14 of the 21 digital bank applications have met the eligibility criteria required for the application to be considered. These eligible applicants, comprising five digital full bank (DFB) applicants and nine

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Huawei Ascends Technology in an Intelligent Era: Winning with an Ecosystem

Artificial Intelligence (AI) is no longer just a catch phrase, but is slowly becoming a new type of general computing technology. Inevitable it is one of the key drivers of technological innovation and thus social and economic revolution. Huawei never

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ABC Technology Recognised as Technology Pioneer by World Economic Forum

ABC Technology today announced its recognition as a Technology Pioneer by the World Economic Forum (WEF). It is one of just 15 Asian companies to receive this prestigious award. Selected from hundreds of candidates, they said they have set itself

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