Archive

Grab Expands Suite of Financial Product to Include Micro-Investment Platform

Grab Financial Group (GFG), the fintech arm of Grab today announced the launch of a suite of financial products. The three main products GFG is launching under their new strategy dubbed as ‘Thrive with Grab’ are a micro-investment platform named

Read More

Singapore’s EDBI Makes Strategic Investment in Vesta to Fuel Its APAC Expansion

Vesta, a fintech firm focused on fraud protection, has secured a strategic investment from EDBI, a corporate investment arm of the Singaporean Economic Development Board. This investment, along with a strategic alignment with EDBI, will accelerate the company’s momentum and

Read More

UOB Launches Digital Bank TMRW in Indonesia

UOB Indonesia launched TMRW, its digital bank to serve the Indonesian market as part of the group’s strategy to accelerate growth of its regional customer franchise, which follows their initial launch in Thailand in 2019. A key feature that they

Read More

Singapore Fintech Festival to Run as a Hybrid Digital-Physical Event in 2020

The Monetary Authority of Singapore (MAS) and Enterprise Singapore announced that the Singapore FinTech Festival (SFF) x Singapore Week of Innovation & TeCHnology (SWITCH) will expand to become the world’s first week-long round-the-clock, hybrid digital and physical event. Running from

Read More

RCBC’s Diskartech Tops Google Play’s Free Finance Apps, Surpassing Gcash and PayMaya

DiskarTech, Rizal Commercial Banking Corporation’s (RCBC) virtual bank has claimed the top spot among free finance apps in Google Play for Android users in the first month since its launch. As for users of iOS devices, DiskarTech ranks second among

Read More

Standard Chartered Enters Crypto Custody Business, Targets Year End Pilot Launch

Standard Chartered is the latest bank to get into the crypto custody business, unveiled earlier this month that its innovation, ventures and fintech investments unit, SC Ventures, has been working on a solution for the institutional market that would support

Read More

MAS Proposes New Regulations Amid Emerging Risks Arising from Digital Assets

Singapore’s central bank, the Monetary Authority of Singapore (MAS), is proposing new regulations that it would give it more power to regulate the financial services industry, notably in the fields cybersecurity and virtual assets, the regulator said on July 21.

Read More