Archive

New Research Highlights Untapped Opportunity for Fintech in Women’s Market

Despite being strong savers and reliable customers, the women’s market remain largely underserved with only 65% of women benefiting from financial services, compared to 72% of men. Though this gender gap represents a massive opportunity for fintech players, these are

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5 Reasons Why Hong Kong Fintech Week 2020 Is a Must-Attend Event of the Year

Working over the last eight months with FinTech leaders and experts, together with global software engineers, computer graphic designers, digital artists, event and media professionals, Hong Kong FinTech Week (HKFW) will attract over 25,000 attendees from over 70 economies and

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DBS Pilots Online Tracking for Cross-Border Collections for Businesses

DBS Bank has launched real-time online tracking of cross-border collections for its global corporate clients. Powered by SWIFT Global Payments Innovation (gpi), more than 240,000 DBS corporate and SME clients in Singapore and Hong Kong are said to benefit from

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Mastercard, IDEMIA and MatchMove Debut Fingerprint Biometric Card

Mastercard has teamed up with IDEMIA, provider of identity-related security services, and MatchMove, a Singapore-based fintech, on their first pilot in Asia for a biometric card that uses fingerprints to authorise transactions at in-store payment terminals. The smart card named

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Singapore Organizations Adopt AI, ML Amid COVID-19 Induced Uncertainties

Amid the COVID-19 pandemic, Singapore businesses are turning to artificial intelligence (AI) and machine learning (ML) to manage consumer credit risk and deal with economic uncertainties, according to a new research by information services company Experian. Experian, which surveyed 3,000

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LINE Launches “Social Banking” Platform with Thailand’s KASIKORNBANK

Social media platform and messaging app LINE has launched LINE BK which is powered by KASIKORNBANK, for the first “social banking” platform in Thailand. LINE’s push into financial services in Thailand is far from its first, in Taiwan, LINE was

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India’s Fintech Industry Growing Strong Despite COVID-19

Home to more than 2,100 fintech companies, India is one of the world’s largest fintech markets, after the US, China and the UK. Despite the massive disruption brought by COVID-19, fintech companies remain bullish on the long-term growth prospect of

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Global Processing Services Secures Strategic Investment From Visa for Global Expansion

Payments issuer processor, Global Processing Services (GPS) has secured an investment from strategic partner, Visa. Backed by UK growth private equity firm, Dunedin, this strategic investment will help accelerate GPS’ global expansion, following its success in launching new fintechs and

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Silent Eight Raises Total of US$15 Million in Latest Fund Raising Round

Silent Eight, Singaporean regtech startup leveraging artificial intelligence (AI), completed a new round of early-stage funding bringing the company’s total capital raised to US$15 million. The investment round was led by OTB Ventures, VC firm investing in technology businesses originating

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Insurtech Bolttech Expands Its Footprint to South Korea With LG U+

bolttech, an insurtech company that is a part of the Pacific Century Group, announced its expansion into South Korea through the launch of its partnership with LG U+, one of South Korea’s telecommunications carriers. LG U+’s customers around the country

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